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 February 24, 2024
| Filer | Filing Type | Filing Proposal | End of Comment Period | |
|---|---|---|---|---|
| Newspaper | Federal Register | |||
| TEXAS PEOPLES NATIONAL BANCSHARES, INC. | Change in Bank Control | Notice by Deborah Ann Abbott, Sumner, Texas and William Chance Abbott, Paris, Texas, and as a group acting in concert, to retain voting securities of Texas Peoples National Bancshares, Inc., and thereby indirectly retain voting shares of Peoples Bank, both of Paris, Texas. | Not available | 03/13/2024 |
* 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 |
CRA Examinations scheduled for Second Quarter of 2024 (April 1, 2024 - June 30, 2024) and Third Quarter of 2024 (July 1, 2024 - September 30, 2024)
| Institution | Location | Quarter |
|---|---|---|
| TEXAS FIRST BK | TEXAS CITY, TEXAS | Second Quarter of 2024 |
| VERITEX CMNTY BK | DALLAS, TEXAS | Second Quarter of 2024 |
| VISTA BK | DALLAS, TEXAS | Second Quarter of 2024 |
| THIRD COAST BK SSB | HUMBLE, TEXAS | Third Quarter of 2024 |