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 March 2, 2019

Filer Filing Type Filing Proposal End of Comment Period
FROST BANK * Branch Application by Frost Bank, San Antonio, Texas, to establish a branch at 501 South Shoreline Boulevard, Corpus Christi, Texas 78401
Newspaper: 03/01/2019
Federal Register: Not applicable
FROST BANK * Branch Application by Frost Bank, San Antonio, Texas, to establish a branch at 7444 South Padre Island Drive, Corpus Christi, Texas 78412
Newspaper: 03/01/2019
Federal Register: Not applicable
FROST BANK * Branch Application by Frost Bank, San Antonio, Texas, to establish a branch at 201 South FM 270, League City, Texas 77573
Newspaper: Not available
Federal Register: Not applicable
FROST BANK * Branch Application by Frost Bank, San Antonio, Texas, to establish a branch at 10420 Louetta Road, Suite 120, Houston, Texas 77070
Newspaper: Not available
Federal Register: Not applicable
FROST BANK * Branch Application by Frost Bank, San Antonio, Texas, to establish a branch at the southeast corner of the intersection of South Mason Road and Mason Access Road, Katy, Texas 77450
Newspaper: Not available
Federal Register: Not applicable
HAPPY STATE BANK * 18C
* Branch
Happy State Bank, Happy, Texas, to purchase certain of the assets and assume essentially all of the liabilities associated with four of the branch offices of First Bank & Trust, Seymour, Texas, located at 1025 Main Street, Matador, Texas; 621 West Noel Street, Memphis, Texas; 201 Main Avenue, Turkey, Texas; and 211 North Main Street, White Deer, Texas. Happy State Bank also has applied to establish branches at each location.
Newspaper: Not available
Federal Register: Not applicable
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: 01/25/2019
Federal Register: Not available
SOUTH PLAINS FINANCIAL, INC. EMPLOYEE STOCK OWNERSHIP PLAN CIC Notice by City Bank and Kendra B. Lane, both of Lubbock, Texas, as Trustees of the South Plains Financial, Inc., Employee Stock Ownership Plan, Lubbock, Texas ('ESOP') and Robert C. Dean, and Kendra B. Lane, all of Lubbock, Texas, as members of the ESOP Investment Committee, to acquire control of the ESOP and therefore South Plains Financial, Inc., and City Bank, both of Lubbock, Texas
Newspaper: Not available
Federal Register: Not available
T ACQUISITION, INC. CIC Notice by Arthur Haag Sherman, Millette Lewis Sherman, the Sherman 2018 Irrevocable Trust, and Sherman Tectonic FLP LP, 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: Not available


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 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