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 24, 2012

Filer Filing Type Filing Proposal End of Comment Period
AMERICAN STATE BANK * 18C
* Branch
American State Bank, Arp, Texas, to acquire by merger East Texas National Bank of Palestine, Palestine, Texas; for consent to exercise trust powers pursuant to 12 C.F.R. Section 208.3(d)(2), and to establish branches at [locations of to be retained].
Newspaper: Not available
Federal Register: Not applicable
FIRST STATE BANCSHARES OF YOAKUM, INC. CIC Notice filed by Mr. Clay B. Hermann, New Braunfels, Texas, to acquire a controlling interest in First State Bank Bancshares of Yoakum, Inc., Yoakum, Texas, pursuant to the Change in Bank Control Act.
Newspaper: Not available
Federal Register: Not available
QUANAH FINANCIAL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN * 3A3 Quanah Financial Corporation Employee Stock Ownership Plan, Quanah, Texas, to retain 32.73 percent of Quanah Financial Corporation, Quanah, Texas, and indirectly First Capital Bank, Quanah, Texas.
Newspaper: Not available
Federal Register: 12/19/2012


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
FIRST ST BK, LIVINGSTON, TEXAS 884358 06/18/2012 12/17/2012 S Small Bank


CRA Examinations scheduled for First Quarter of 2013 (January 1, 2013 - March 31, 2013)

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