The Comptroller's office is seeking $250,000 in civil penalties from Charles R. Vickery, former senior chairman of First National Bank of Bellaire, Tex.
The agency, which wants to permanently ban Mr. Vickery from the banking business, alleged the retired lawyer caused First National to exceed federal lending limits.
In 1991, Mr. Vickery allegedly directed the bank to make a series of loans to Houston real estate developer Jerry J. Moore, which led to a risky credit concentration. This caused the Comptroller's office to slap a cease- and-desist order on the bank in 1994.
An administrative law judge will hold a public hearing March 25 in Houston to evaluate the OCC's case.