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 21, 2007

Filer Filing Type Filing Proposal End of Comment Period
COMMUNITY BANCSHARES, INC. * 3A1 Community Bancshares, Inc., Bridgeport, Texas, to become a bank holding company by acquiring 100 percent of The Community Bank, Bridgeport, Texas (de novo).
Newspaper: 05/05/2007
Federal Register: 05/11/2007
SNOOK BANCSHARES, INC. CIC Notice by Harry Lynn Williams and Oksana Williams, Plano, Texas, to increase their ownership to 13.20 percent of the voting common stock of Snook Bancshares, Inc., Snook, Texas, and indirectly First Bank of Snook, Snook, Texas.
Newspaper: 05/04/2007
Federal Register: 05/08/2007
TIB THE INDEPENDENT BANKERSBANK * 18C
* Branch
TIB The Independent BankersBank, Irving, Texas, to merge with South Bay Bank, National Association, Torrance, California, and to establish a branch to be located at 17011 Beach Boulevard, Suite 1260, Huntington Beach, California.
Newspaper: Not available
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
NONE


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