NOTICE OF APPLICATION FOR FORMATION OF
BANK HOLDING COMPANY
Notice is hereby given that Carpenter Bank Holdings LLC (the "Company"), a Texas limited liability company headquartered in Dallas, Texas, applied on May 1, 2026 to the
Federal Reserve Board for permission to become the bank holding company of Security State Bank (the "Bank"), a Texas banking association with its headquarters in Pearsall,
Texas. The Company intends to acquire control of the Bank. The Federal Reserve
considers a number of factors in deciding whether to approve the application, including
the record of performance of the banks the Company owns to meet local credit needs.
You are invited to submit comments in writing on this application to the Federal Reserve
Bank of Dallas, P.O. Box 655906, Dallas, Texas 75265-5906 or via email to
comments.applications@dal.frb.org. The comment period will not end before May 28,
2026, and may be somewhat longer. The Board's procedures for processing applications
may be found at 12 C.F.R. Part 262. Procedures for processing protested applications may
be found at 12 C.F.R. § 262.25. To obtain a copy of the Federal Reserve Board's
procedures, or if you need more information about how to submit your comments on the
application, contact Ms. Lindsey Wieck, Director, Mergers & Acquisitions, at (214) 490
2183. The Federal Reserve will consider your comments and any request for a public
meeting or formal hearing on the application if they are received in writing by the Federal
Reserve Bank of Dallas on or before the last day of the comment period.
May 7, 2026
Carpenter Bank Holdings LLC
4143 Maple Ave., Suite 300
Dallas, Texas 75219,
Security State Bank
1000 N. Oak St.
Pearsall, Texas 78061
IPLDMN0138854