Federal Reserve Release, H2, Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received

Release dates | Full version (300 KB PDF)
Actions by the Board | Actions under delegated authority
Applications and reports:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco

District: 11
Federal Reserve Bank of: Dallas

Filings received during the week ending April 6, 2019

Filer Filing Type Filing Proposal End of Comment Period
A.N.B. HOLDING COMPANY, LTD. * 3A3 Application by A.N.B. Holding Company, Ltd., Terrell, Texas, to acquire additional shares up to 36.5 percent of The ANB Corporation, Terrell, Texas, and indirectly acquire The American National Bank of Texas, Terrell, Texas; Lakeside Bancshares, Inc., Rockwall, Texas; and Lakeside National Bank, Rockwall, Texas.
Newspaper: 04/19/2019
Federal Register: 05/03/2019
FROST BANK * Branch Application by Frost Bank, San Antonio, Texas, to establish a branch at 2200 North Frazier Street, Conroe, Texas 77303
Newspaper: 04/09/2019
Federal Register: Not applicable
FROST BANK * Branch Application by Frost Bank, San Antonio, Texas, to establish a branch at 3500 Little York Road, Suite B1, Houston, TX 77093.
Newspaper: 04/12/2019
Federal Register: Not applicable
FROST BANK * Branch Application by Frost Bank, San Antonio, Texas, to establish a branch at 8350 Long Point Road, Houston TX 77055
Newspaper: Not available
Federal Register: Not applicable
HAPPY STATE BANK * 18C
* Branch
Happy State Bank, Happy, Texas, to purchase certain of the assets and assume essentially all of the liabilities associated with four of the branch offices of First Bank & Trust, Seymour, Texas, located at 1025 Main Street, Matador, Texas; 621 West Noel Street, Memphis, Texas; 201 Main Avenue, Turkey, Texas; and 211 North Main Street, White Deer, Texas. Happy State Bank also has applied to establish branches at each location.
Newspaper: 03/29/2019
Federal Register: Not applicable
LONE STAR STATE BANCSHARES, INC. CIC Notice by the Lone Star State Bancshares, Inc. and Subsidiaries Employee Stock Ownership Plan, Lubbock, Texas, Kirk Thomas and Melisa Roberts as trustees, both of Lubbock, Texas, and Brent Beakley, also as trustee, of Odessa, Texas, to acquire greater than 10 percent and thereby control of Lone Star State Bancshares, Inc., and indirectly, Lone Star State Bank of West Texas, both of Lubbock, Texas
Newspaper: Not available
Federal Register: 04/19/2019
PILGRIM BANCORPORATION CIC Notice by Lonnie Ken Pilgrim, individually and as trustee of the The Lonnie Ken Pilgrim 2003 GST Trust, The Lonnie Ken Pilgrim 1999 Issue Trust, The LKP 2012 GST Trust, The Greta Pilgrim Owens 2003 GST Trust, The Greta Pilgrim Owens 1999 Issue Trust, and The GPO 2012 Trust, Pittsburg, Texas; Steve Capps, individually and as trustee of the The Lonnie Ken Pilgrim 2003 GST Trust, The Lonnie Ken Pilgrim 1999 Issue Trust, The LKP 2012 GST Trust, The Greta Pilgrim Owens 2003 GST Trust, The Greta Pilgrim Owens 1999 Issue Trust, and The GPO 2012 Trust, Mount Pleasant, Texas; Lanny Brenner, as trustee of the The Lonnie Ken Pilgrim 2003 GST Trust, The Lonnie Ken Pilgrim 1999 Issue Trust, The LKP 2012 GST Trust, The Greta Pilgrim Owens 2003 GST Trust, The Greta Pilgrim Owens 1999 Issue Trust, and The GPO 2012 Trust, Pittsburg, Texas; Greta Pilgrim Henson, Dallas, Texas; Greta Gail Pilgrim Simpson, Tyler, Texas; and Lonnie Jaggers Pilgrim, Mount Vernon, Texas, as a group acting in concert, to retain 25 percent or more of the shares and thereby control Pilgrim Bancorporation, Mount Pleasant, Texas, and indirectly Pilgrim Bank, Pittsburg, Texas.
Newspaper: 04/09/2019
Federal Register: 04/12/2019
TEXAS FIRST BANK * 18C
* Branch
Texas First Bank, Texas City, Texas, to merge with Preferred Bank, Houston, Texas (a federal savings bank), and establish the five existing locations as branches of Texas First Bank.
Newspaper: Not available
Federal Register: Not applicable
TEXAS INDEPENDENT BANCSHARES, INC. 4c8 Texas Independent Bancshares, Inc., Texas City, Texas, to acquire and merge with Preferred Bancshares, Inc., Houston, Texas, and indirectly acquire Preferred Bank, Houston, Texas, a federal savings bank
Newspaper: Not applicable
Federal Register: 04/25/2019


Availability of CRA Public Evaluations

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR 228). The regulation was revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated periodically. That record is taken into account in considering an institution's application for deposit facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding
S = Satisfactory
NI = Needs to improve
SN = Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.
 
Institution / Location
RSSD
ID
 
Exam Date
CRA
Public Date
CRA
Rating
Exam Method
NONE


CRA Examinations scheduled for     Quarter of

Institution Location Quarter
NONE

* Subject to the provisions of the Community Reinvestment Act

Release dates | Full version (300 KB PDF)
Actions by the Board | Actions under delegated authority
Applications and reports:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco