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 January 15, 2011

Filer Filing Type Filing Proposal End of Comment Period
AUSTIN COUNTY BANCSHARES, INC. 3A1 Austin County Bancshares, Inc., Bellville, Texas, to become a holding company by acquiring 100 percent of Austin County State Bank, Bellville, Texas.
Newspaper: Not applicable
Federal Register: Not applicable
SULPHUR SPRINGS BANCSHARES, INC. * 3A5 Sulphur Springs Bancshares, Inc., Sulphur Springs, Texas, to acquire by merger 100 percent of First Mineola, Inc., and indirectly acquire The First National Bank of Mineola, both of Mineola, Texas.
Newspaper: Not available
Federal Register: 02/07/2011


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
BANK OF THE WEST, EL PASO, TEXAS 1447639 07/12/2010 01/31/2011 O Large Bank
FIRST BK, MULESHOE, TEXAS 946461 10/05/2009 01/03/2011 S Small Bank
LEGACYTEXAS BK, PLANO, TEXAS 913267 09/14/2009 08/16/2010 S Large Bank
UNITED TX BK, DALLAS, TEXAS 726953 02/22/2010 12/27/2010 S Small Bank


CRA Examinations scheduled for     Quarter of

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