Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received
District 11: Federal Reserve Bank of Dallas PDF
Filings received during the week ending August 17, 2024
| Filer | Filing Type | Filing Proposal | End of Comment Period | |
|---|---|---|---|---|
| Newspaper | Federal Register | |||
| MOODY BANCSHARES, INC. | Change in Bank Control | Russell Shearn Moody, League City, Texas; Frances Moody-Dahlberg, Dallas, Texas; Moody Children's 2018 Gift Trust, Galveston, Texas, Ross Rankin Moody, Austin, Texas, as trustee; Russell Shearn Moody Three R Voting Trust, Galveston, Texas, Russell Shearn Moody, League City, Texas, as trustee; Ross Rankin Moody Three R Voting Trust, Galveston, Texas, Ross Rankin Moody, Austin, Texas, as trustee; Frances Moody-Dahlberg Three R Voting Trust, Galveston, Texas, Frances Moody-Dahlberg, Dallas, Texas, as trustee; and Robert L. Moody, Jr. Three R Voting Trust, Galveston, Texas, Irwin M. Herz, Jr., Galveston, Texas, as trustee; to join the Moody Control Group, a group acting in concert, to retain voting shares of Moody Bancshares, Inc., Galveston, Texas, and Moody Bank Holding Company, Reno, Nevada, and thereby indirectly retain voting shares of Moody National Bank, Galveston, Texas. | 08/29/2024 | 09/04/2024 |
| PERRYTON BANCSHARES, INC. | Change in Bank Control | The Tim Tregellas Trust — Perryton Bancshares Trust S, and Tim Tregellas, Aledo, Texas, as trustee; The William Mac Tregellas Trust — Perryton Bancshares Trust S, and William Mac Tregellas, Perryton, Texas, as trustee intend to apply to the Federal Reserve Board for permission to acquire shares and thereby control of Perryton Bancshares, Inc., Perryton, Texas which controls The Perryton National Bank, Perryton, Texas and join the Tregellas Family Group. In addition, Chad Tregellas, Aledo, Texas, Tiffany Tregellas, Fort Worth, Texas, and William Seth Tregellas, Perryton, Texas, intend to apply to the Federal Reserve Board for permission to retain shares of Perryton Bancshares, Inc., Perryton, Texas which controls The Perryton National Bank, Perryton, Texas and join the Tregellas Family Group a group acting in concert. | Not available | 08/27/2024 |
| Producer Acquisition Corp. | * 3A1 | Producer Acquisition Corp., Beaumont, Texas, to become a bank holding company by acquiring Powell State Bank, Powell, Texas | Not available | Not available |
* Subject to the provisions of the Community Reinvestment Act
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 | 08/14/2022 | 04/25/2022 | S | Int Small Bank |
| VISTA BK, DALLAS, TEXAS | 645465 | 07/29/2024 | 04/01/2024 | O | Int Small Bank |
CRA Examinations scheduled for Quarter of
| Institution | Location | Quarter |
|---|---|---|
| NONE | ||