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 August 20, 2022

Filer Filing Type Filing Proposal End of Comment Period
AMERICAN STATE BANK * Branch American State Bank, Arp, Texas to establish a branch 500 Dallas Street, Plainview, Texas 79072
Newspaper: Not available
Federal Register: Not applicable
CENTRAL TEXAS BANKSHARE HOLDINGS, INC. CIC Preston L. Massey, as co-trustee of the Elizabeth Shatto Massey Separate Property Trust ("ESM Trust"); as trustee of the John H. Massey, II 2011 Trust; and as trustee of a 2012 trust for the benefit of John H. Massey, II and 2 minors; all of Dallas, Texas; and John H. Massey, II, as co-trustee of the ESM Trust; as trustee of the Preston L. Massey 2011 Trust; and as trustee of a 2012 trust for the benefit of Preston L. Massey and 2 minors; all of Houston, Texas; together as a group acting in concert, to retain voting shares of Central Texas Bankshare Holdings, Inc., Columbus, Texas and Colorado County Investment Holdings, Inc., Wilmington, Delaware, and thereby indirectly, Columbus State Bank, Columbus, Texas; and Hill Bancshare Holdings, Inc., Weimar, Texas, and Hill Bancshares of Delaware, Inc., Wilmington, Delaware, and thereby indirectly, Hill Bank & Trust Co., Weimar, Texas.
Newspaper: Not available
Federal Register: 09/08/2022
COASTAL BANCSHARES, INC. CIC Retroactive notice by Randall Lee Ferguson, individually, Randall Lee Ferguson-1995 GSST Trust (Randall Lee Ferguson, as trustee), Ferguson 1998 Trust (Randall Lee Ferguson, as trustee), all of Pearland, Texas, a group acting in concert, to retain voting securities in Coastal Bancshares, Inc., and thereby indirectly retain voting shares of Pearland State Bank and First National Bank of Alvin, all of Pearland, Texas. Additionally, prior notice by Randall Lee Ferguson, individually, to acquire additional, and Ferguson 2013 Family Trust (Randall Lee Ferguson, as trustee), Pearland, Texas, to acquire, voting shares of Coastal Bancshares, Inc., and thereby indirectly acquire voting shares of Pearland State Bank and First National Bank of Alvin, all of Pearland, Texas; with Ferguson 2013 Family Trust and Clinton Alexander Ferguson, Pearland, Texas, to join the Ferguson Family Control Group, a group acting in concert
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
THIRD COAST BK SSB, HUMBLE, TEXAS 3630323 04/25/2022 08/14/2022 S Int Small Bank


CRA Examinations scheduled for Fourth Quarter of 2022 (October 1, 2022 - December 31, 2022) and First Quarter of 2023 (January 1, 2023 - March 31, 2023)

Institution Location Quarter
SANGER BK SANGER, TEXASFourth Quarter of 2022
CITIZENS 1ST BK TYLER, TEXASFirst Quarter of 2023
FIRST CAP BK QUANAH, TEXASFirst Quarter of 2023
LEA CTY ST BK HOBBS, NEW MEXICOFirst Quarter of 2023
TEXAS CMNTY BK LAREDO, TEXASFirst Quarter of 2023
WESTERN BK LORDSBURG, NEW MEXICOFirst Quarter of 2023
WESTSTAR BK EL PASO, TEXASFirst Quarter of 2023

* 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