Public Disclosure, February 04, 2008, Community Reinvestment Act Performance Evaluation: First Community Bank Central Texas, National Association, Charter Number 24689, Meridian, TX

摘要

FCCT is a $129 million community bank headquartered in Meridian, Texas, approximately 50 miles northwest of Waco, Texas. It is one of five banks owned by FC Holdings, Inc., a multibank holding company which provides centralized services to subsidiary banks. Formerly known as the Bosque County Bank of Meridian, FCCT was acquired by FC Holdings, Inc. in early 2006 and converted to a national charter on September 30, 2006. In addition to the main office in Meridian, FCCT has four full-service bank offices located in Hico, Waco, and Dallas. The latter location represents the banks expansion into the north Dallas market through the opening of a loan production office that was subsequently converted to a branch in September 2007. FCCT is a full-service community bank offering a wide variety of loan and deposit products. Primary competition comes from 21 national and state-chartered community banks located in and near the banks assessment area, as well as several branch facilities of regional and national companies. The previous CRA examination was performed by the Federal Deposit Insurance Corporation on the predecessor Bosque County Bank of Meridian as of November 11, 2001. The bank received a Satisfactory rating at that examination. This is the banks first CRA examination as FCCT. There are no legal or financial factors that impede the holding company or the banks ability to help meet the credit needs of its assessment area.