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 December 22, 2018

Filer Filing Type Filing Proposal End of Comment Period
AMARILLO NATIONAL BANCORP, INC. * 3A5 Application by Amarillo National Bancorp, Inc., Amarillo, Texas, to acquire 100 percent of Commerce National Financial Services, Inc., and indirectly, Lubbock National Bank, both of Lubbock, Texas.
Newspaper: 12/21/2018
Federal Register: 12/20/2018
AMERICAN STATE BANK * 18C
* Branch
Application by American State Bank, Arp, Texas, to acquire by merger Texas State Bank, Joaquin, Texas, and to establish the existing seven locations of Texas State Bank as branches of American State Bank.
Newspaper: 01/12/2019
Federal Register: Not applicable
ASPERMONT BANKSHARES, INC. * 3A1 Application by Aspermont Bankshares, Inc., Aspermont, Texas, to become a bank holding company by acquiring 100 percent of The First National Bank of Aspermont, Aspermont, Texas.
Newspaper: Not available
Federal Register: 12/28/2018
BEDIAS FINANCIAL CORPORATION CIC Notice by Mary Candice Barousse, Montgomery, Texas, individually and as trustee of The Candice U. Barousse Exempt Trust, intends to apply to the Federal Reserve Board for permission to control 25 percent or more of the shares of and thereby control Bedias Financial Corporation, Bedias, Texas ('Company'); and Divin L. Upchurch, Bryan, Texas, Robert E.L. Upchurch, IV, Denton, Texas, the Robert E.L. Upchurch III Exempt Trust, Bedias, Texas (Robert E.L. Upchurch, Trustee), the Candice U. Barousse Exempt Trust, Montgomery, Texas (Mary Candice Barousse, Trustee), and the estate of Kathryn D. Upchurch, Bedias, Texas (Robert E.L. Upchurch III, Executor), intend to apply for permission to join the Upchurch Family Group, a group acting in concert previously cleared on December 12, 2001, under Section 3 of the Bank Holding Company Act; and The Robert E.L. Upchurch III Exempt Trust intends to apply for permission to control 25 percent or more of the shares of and thereby control Company. Company controls First State Bank of Bedias, Bedias, Texas.
Newspaper: 12/12/2018
Federal Register: 12/17/2018
BRIGHT FORCE HOLDING GP, LLC * 3A1 Application by Bright Force Holding, LLC, Lewisville, Texas, to become a bank holding company by acquiring up to 100 percent of ABNA Holdings, Inc., and therefore indirectly, American Bank, National Association, both of Dallas, Texas, pursuant to section 3(a)(1) of the Bank Holding Company Act.
Newspaper: Not available
Federal Register: 01/10/2019
FIRST BANCSHARES OF TEXAS, INC. * 3A5 Application by First Bancshares of Texas, Inc., Midland, Texas, to acquire 100 percent of FB Bancshares, Inc., and indirectly, Fidelity Bank, both of Wichita Falls, Texas.
Newspaper: Not available
Federal Register: 01/22/2019
FROST BANK * Branch Application by Frost Bank, San Antonio, Texas, to establish a branch at 9990 Almeda Genoa, Houston, Texas 77075.
Newspaper: Not available
Federal Register: Not applicable
FROST BANK * Branch Application by Frost Bank, San Antonio, Texas, to establish a branch at 23701 Cinco Ranch Boulevard, Suite 100, Katy, Texas 77494.
Newspaper: Not available
Federal Register: Not applicable
FROST BANK * Branch Application by Frost Bank, San Antonio, Texas, to establish a branch at 3432 Scott Street, Houston, Texas 77004.
Newspaper: Not available
Federal Register: Not applicable
ONE WORLD HOLDING, INC. CIC Notice by Kanwar Deep Suri, Dallas, Texas, and Noah Ratilal Shah, Bartonville, Texas, to each acquire 10 percent or more of the shares and thereby control of One World Holding, Inc., and therefore indirectly One World Bank, both of Dallas, Texas.
Newspaper: Not available
Federal Register: 11/21/2018
RELATIONSHIP BANCSHARES, INC. * 3A1 Application by Relationship Bancshares, Inc., Carrollton, Texas, to become a bank holding company by acquiring 100 percent of Capital Bank of Texas, Carrizo Springs, Texas.
Newspaper: Not available
Federal Register: Not available
SPIRIT OF TEXAS BANCSHARES, INC. * 3A5 Application by Spirit of Texas Bancshares, Inc., Conroe, Texas, to acquire 100 percent of First Beeville Financial Corporation, and indirectly, The First National Bank of Beeville, both of Beeville, Texas.
Newspaper: Not available
Federal Register: Not available
T ACQUISITION, INC. CIC Notice by Arthur Haag Sherman, the Sherman 2018 Irrevocable Trust, Sherman Tectonic FLP LP, and Sherman Family Holdings LLC, all of Houston, Texas, as a group acting in concert, to acquire control of T Acquisition, Inc., and indirectly T Bank, National Association, both of Dallas, Texas.
Newspaper: Not available
Federal Register: 12/10/2018


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
CIERA BK, GRAHAM, TEXAS 327855 09/10/2018 12/16/2018 S Int Small Bank


CRA Examinations scheduled for     Quarter of

Institution Location Quarter
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