Federal Reserve Release, H2, Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received

District: 5
Federal Reserve Bank of: Richmond

Filings received during the week ending May 23, 2009

Filer

Filing Type

Filing Proposal

End of Comment Period

1ST FINANCIAL SERVICES CORPORATION

* 3A5

1st Financial Services Corporation, Hendersonville, North Carolina, to acquire 100% of the voting securities of AB&T Financial Corporation, Gastonia, North Carolina, and thereby indirectly acquire Alliance Bank & Trust Company, Gastonia, North Carolina.

Newspaper:	06/08/2009
Federal Register:	06/01/2009

COMMERCEFIRST BANCORP, INC.

CIC

Edward Bailey Howlin, Jr., Davidsonville, Maryland, to individually acquire up to 20.71% of the voting shares of CommerceFirst, Bancorp, Inc., Annapolis, Maryland. Additionally, Edward Bailey Howlin, Jr., Howlin Family Partnership II, LLLP, Dawn Howlin Vanvie, and Holly Howlin, as a group acting in concert, to acquire up to 21.5% of the voting shares of CommerceFirst, Bancorp, Inc., Annapolis, Maryland.

Newspaper:	Not available
Federal Register:	06/02/2009

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
BANK OF VA, MIDLOTHIAN, VIRGINIA	3198421	01/26/2009	04/21/2009	S	Small Bank
CONGRESSIONAL BK, POTOMAC, MARYLAND	3187630	12/08/2008	04/29/2009	S	Small Bank
FIRST VA CMNTY BK, FAIRFAX, VIRGINIA	3614976	01/05/2009	04/07/2009	S	Small Bank
MINERS EXCH BK, COEBURN, VIRGINIA	711520	01/12/2009	04/28/2009	S	Small Bank

CRA Examinations scheduled for Third Quarter of 2009 (July 1, 2009 - September 30, 2009)

Institution	Location
BANK OF LANCASTER	KILMARNOCK, VIRGINIA
CAPITALBANK	GREENWOOD, SOUTH CAROLINA
CLEAR MNT BK	BRUCETON MILLS, WEST VIRGINIA
COMMERCEFIRST BK	ANNAPOLIS, MARYLAND
HERITAGE BK	NORFOLK, VIRGINIA
NEW PEOPLES BK	HONAKER, VIRGINIA

* Subject to the provisions of the Community Reinvestment Act

District: 5 Federal Reserve Bank of: Richmond

Filings received during the week ending May 23, 2009

Availability of CRA Public Evaluations

CRA Examinations scheduled for Third Quarter of 2009 (July 1, 2009 - September 30, 2009)

District: 5
Federal Reserve Bank of: Richmond