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 1, 2006

Filer Filing Type Filing Proposal End of Comment Period
CITY BANCSHARES, INC. CIC Notice by Mr. Henry Cook Taylor, Natchitoches, Louisiana, to retain ownership and control of 12.82 percent in City Bancshares, Inc., Natchitoches, Louisiana, and indirectly City Bank & Trust Company, Natchitoches, Louisiana.
Newspaper: Not available
Federal Register: Not available
GRUPO FINANCIERO BANORTE, S.A. DE C.V. * 3A1 Grupo Financiero Banorte, S.A. de C.V., Monterrey, Nuevo Leon, Mexico; Banco Mercantil del Norte, S.A. Institucion de Banca Mulitiple, Grupo Financiero Banorte, Monterrey, Nuvevo Leon, Mexico; and Banorte USA Corporation, Wilmington, Delaware, to become bank holding companies by acquiring 70 percent of INB Financial Corporation, McAllen, Texas, and indirectly, INB Delaware Corporation, Wilmington, Delaware, and Inter National Bank, McAllen, Texas.
Newspaper: Not available
Federal Register: 04/17/2006
PLAINSCAPITAL BANK * Branch PlainCapital Bank, Lubbock, Texas, to establish a branch at 500 Santa Fe Drive, Weatherford, Texas 76086, and for permission to operate a mobile messenger service.
Newspaper: 04/12/2006
Federal Register: Not applicable


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
BANK OF CMRC, MCLEAN, TEXAS 352651 12/12/2005 03/22/2006 S Small Bank
FIRST ST BK, JUNCTION, TEXAS 603755 01/09/2006 03/30/2006 S Small Bank


CRA Examinations scheduled for     Quarter of

Institution Location
NONE

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