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 November 23, 2013

Filer Filing Type Filing Proposal End of Comment Period
CISTERN, LLC * 3A1 Cistern, LLC and Flatonia Investments, LLC, both of Houston, Texas, to become bank holding companies by acquiring 100% of The Columbia Savings Bank, Cincinnati, Ohio.
Newspaper: Not available
Federal Register: 12/16/2013
CISTERN, LLC 4c8 Cistern, LLC and Flatonia Investments, LLC, both of Houston, Texas, to acquire Kovar, LLC, and Envoy Mortgage, Ltd, both of Houston, Texas, pursuant to Section 4(c)(8) of the BHC Act, and thereby engage in extending credit and servicing loans, and activities related to extending credit pursuant to Section 225.28(b)(1) and (2) of Regulation Y.
Newspaper: Not applicable
Federal Register: 12/13/2013
FB BANCSHARES, INC. * 3A5 FB Bancshares, Inc., Wichita Falls, Texas, to acquire by merger 100 percent of Byers Bancshares, Inc., and indirectly acquire First National Bank, both of Byers, Texas.
Newspaper: 12/03/2013
Federal Register: 12/06/2013
GRANT SCOTT AS TRUSTEE OF THE VOTING TRUST AGREEMENT DATED AS OF DECEMER 6.2012 * SLHC Formation Grant Scott as Trustee of the Voting Trust Agreement dated as of December 6, 2012, Raleigh, North Carolina, to register as a savings and loan holding company through the acquisition of a controlling interest in NexBank Capital, Inc., and therefore indirectly, NexBank, State Savings Bank, both of Dallas, Texas.
Newspaper: 11/14/2013
Federal Register: 11/15/2013
HILL COUNTRY BANCSHARES, INC. * 3A1 Hill Country Bancshares, Inc., Llano, Texas, to become a bank holding company by acquiring 100 percent of Llano National Bank, Llano, Texas.
Newspaper: Not available
Federal Register: 12/16/2013
PROGRESSIVE BANCORP, INC. CIC Retroactive notice by George W. Cummings, III and Nanette Weaver Cummings, both of Monroe, Louisiana; George W.Cummings, Jr., Monroe, Louisiana; Twist Family, LLP, Dallas, Texas; Randall Twist, Dallas, Texas; Dewey F. Weaver Jr., Monroe, Louisiana;, Colby Weaver, Monroe, Louisiana; and Dewey Weaver, III, West Monroe, Louisiana; to acquire and control greater than 10 percent of Progressive Bancorp, Inc., Monroe, Louisiana, and indirectly, Progressive Bank, Monroe, Louisiana.
Newspaper: 11/28/2013
Federal Register: 11/26/2013
THE 2013 MONTE HULSE FAMILY IRREVOCABLE TRUST I * 3A1 The 2013 Monte Hulse Family Irrevocable Trust I, Waco, Texas, to acquire 19.62 percent (1,672.45 shares) of FCT Bancshares, Inc., Waco, Texas, and thereby indirectly acquire First National Bank of Central Texas, Waco, Texas.
Newspaper: Not available
Federal Register: Not available


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 First Quarter of 2014 (January 1, 2014 - March 31, 2014)

Institution Location
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