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 21, 2020

Filer Filing Type Filing Proposal End of Comment Period
FROST BANK * Branch Frost Bank, San Antonio, Texas to establish a branch located at 11839 Culebra Road, San Antonio, TX 78253
Newspaper: Not available
Federal Register: Not applicable
FROST BANK * Branch Frost Bank, San Antonio, Texas to establish a branch located at 20002 Northwest Freeway, Houston, Texas 77065
Newspaper: Not available
Federal Register: Not applicable
RIVERBEND FINANCIAL CORPORATION CIC Barkat Ali, Southlake, Texas, Kevin Johnston, Pantego, Texas, Mike Farhat, Southlake, Texas, Judy Han, Houston, Texas, Wea Lee, Houston, Texas, Young Yoo, Dallas, Texas, Jeung-Ho Park, Irving, Texas, Clinton Dunn, Dallas, Texas, Andrew Park, Santa Clarita, California, and Mihir Patel, Coppell, Texas, as a group acting in concert, to control Riverbend Financial Corporation, and Spectra Bank, both of Fort Worth, Texas
Newspaper: Not available
Federal Register: 08/13/2020
TEXAS HERITAGE BANCSHARES, INC. * 3A5 Texas Heritage Bancshares, Inc., Hondo, Texas, to acquire Medina Community Bancshares, Inc., Hondo, Texas and indirectly, Community National Bank, Hondo, Texas.
Newspaper: 12/02/2020
Federal Register: 12/18/2020
VBT FINANCIAL CORPORATION CIC Elizabeth L. Morgan, Austin, Texas, to acquire voting securities of VBT Financial Corporation, San Antonio, Texas, by virtue of her appointment as trust protector of family trusts that control VBT Financial Corporation. Together with the appointment of Ms. Morgan as trust protector, Mayfair Private Trust Company, McAllen, Texas, will be appointed trustee of the family trusts that control VBT Financial Corporation and, indirectly, Vantage Bank Texas, both of San Antonio, Texas.
Newspaper: 12/08/2020
Federal Register: 12/04/2020
WSB BANCSHARES, INC. CIC Retroactive Notice of Change in Bank Control filed by Lori Heather Holton Barber, Jessica Ann Holton Farmer, and John E. Holton III with respect to WSB Bancshares, Inc. ("Company") and indirectly, Wellington State Bank, both of Wellington, Texas, to retain less than 1% of the outstanding common stock of the Company and to join the Holton Family Group, a group acting in concert previously cleared in 2019, pursuant to a filing under the Change in Bank Control Act, and which controls 25% or more of the shares of Company.
Newspaper: 12/01/2020
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 First Quarter of 2021 (January 1, 2021 - March 31, 2021) and Second Quarter of 2021 (April 1, 2021 - June 30, 2021)

Institution Location Quarter
COMERICA BK DALLAS, TEXASFirst Quarter of 2021
FIRST ST BK GAINESVILLE, TEXASFirst Quarter of 2021
MENARD BK MENARD, TEXASFirst Quarter of 2021
VISTA BK DALLAS, TEXASFirst Quarter of 2021
LONE STAR ST BK OF WEST TX LUBBOCK, TEXASSecond Quarter of 2021

* 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