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 January 7, 2023
|Filer||Filing Type||Filing Proposal||End of Comment Period|
|VISTA BANK||* 18C|
* Branch (Domestic)
|Vista Bank, Dallas, Texas (Applicant), to merge with Charis Bank, Justin, Texas (Target), and establish branches at the existing locations of Target, with Applicant becoming the sole surviving entity.||Not available||Not applicable|
|WESTERN COMMERCE BANCSHARES OF CARLSBAD, INC.||* 3A5||Western Commerce Bancshares of Carlsbad, Inc., Carlsbad, New Mexico, to acquire Western Bancshares of Clovis, Inc., Carlsbad, New Mexico, and indirectly acquire Western Bank of Clovis, Clovis, New Mexico.||Not available||02/09/2023|
* 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|
|FIRST ST BK OF LIVINGSTON, LIVINGSTON, TEXAS||884358||05/22/2022||02/07/2022||O||Int Small Bank|
|SUSSER BK, DALLAS, TEXAS||965789||08/27/2022||02/28/2022||S||Int Small Bank|
|TEXAS FIRST BK, TEXAS CITY, TEXAS||473266||08/07/2022||03/14/2022||S||Int Small Bank|
|THIRD COAST BK SSB, HUMBLE, TEXAS||3630323||08/14/2022||04/25/2022||S||Int Small Bank|
|UNITED TX BK, DALLAS, TEXAS||726953||02/20/2022||11/03/2021||S||Int Small Bank|
CRA Examinations scheduled for Quarter of