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 October 22, 2022
| Filer | Filing Type | Filing Proposal | End of Comment Period | |
|---|---|---|---|---|
| Newspaper | Federal Register | |||
| BIG BEND BANCSHARES CORPORATION | Change in Bank Control | Notice by Cynthia S. Shaw, Austin, Texas, to increase ownership and voting control to 25 percent or more in Big Bend Bancshares, Inc., Marfa, Texas, and indirectly Big Bend Banks, N.A. dba The Marfa National Bank, Marfa, Texas. | Not available | 11/04/2022 |
| COASTAL BANCSHARES, INC. | Change in Bank Control | Jacalyn Miller DeLange, individually, Michalyn Miller Ordeneaux, individually, Rosalie Miller Acree 1999 GST Trust (Michalyn Miller Ordeneaux and Jacalyn Miller DeLange, as co-trustees), Rosalie Miller Acree 1999 GST Trust (Jacalyn Miller DeLange and Michalyn Miller Ordeneaux, as co trustees), The Michalyn Miller Ordeneaux 2004 GST Trust (Roddy Keith Ordeneaux and Michala Ordeneaux Denton, as co-trustees), and the Jacalyn Miller DeLange Trust (Lindsey Miller DeLange Hagan, as trustee), all of Pearland, Texas, as a group acting in concert, to retain voting securities of Coastal Bancshares, Inc., and thereby indirectly retain voting shares of Pearland State Bank and First National Bank of Alvin, all of Pearland, Texas. | 11/15/2022 | 11/14/2022 |
| TEXAS REGIONAL BANK | * Branch (Domestic) | Texas Regional Bank, Harlingen, Texas, to establish a branch office at 10635 Louetta Road, Houston, Texas 77070 | Not available | Not applicable |
| WOODFOREST FINANCIAL GROUP EMPLOYEE STOCK OWNERSHIP PLAN (WITH 401(K) PROVISIONS) (AMENDED AND RESTATED EFF. 01/01/16) | * 3A3 | Woodforest Financial Group Employee Stock Ownership Plan (with 401(k) Provisions) (Amended and Restated Effective January 1, 2016) and the related Woodforest Financial Group Employee Stock Ownership Trust, both of The Woodlands, Texas; to acquire up to 33 percent of Woodforest Financial Group, Inc., and thereby indirectly acquire Woodforest National Bank, both of The Woodlands, Texas. | Not available | 11/10/2022 |
* 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 |
|---|---|---|---|---|---|
| CIERA BK, GRAHAM, TEXAS | 327855 | 05/13/2022 | 01/10/2022 | S | Int Small Bank |
| SUSSER BK, DALLAS, TEXAS | 965789 | 08/27/2022 | 02/28/2022 | S | Int Small Bank |
CRA Examinations scheduled for Quarter of
| Institution | Location | Quarter |
|---|---|---|
| NONE | ||
Last Update: October 27, 2022