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 September 3, 2016

Filer

Filing Type

Filing Proposal

End of Comment Period

FARMERS & MERCHANTS BANK

* Branch

Farmers and Merchants Bank, Timberville, VA requests approval to open a branch office located at 2030 Legacy Lane, Harrisonburg, Virginia.

Newspaper:	Not available
Federal Register:	Not applicable

FARMERS AND MERCHANTS BANCSHARES, INC.

3A1

Farmers and Merchants Bancshares, Inc., Hampstead, Maryland, proposes to become a bank holding company through the acquisition of 100 percent of the voting securities of Farmers and Merchants Bank of Fowblesburg, Maryland, Upperco, Maryland. In addition, Farmers and Merchants Bancshares, Inc., Hampstead, Maryland, elects to become a financial holding company.

Newspaper:	Not applicable
Federal Register:	Not applicable

SOUTH STATE CORPORATION

* 3A5

South State Corporation, Columbia, South Carolina, requests approval to acquire 100 percent of the voting securities of Southeastern Bank Financial Corporation, Augusta, Georgia, and thereby indirectly acquire Georgia Bank and Trust Company of Augusta, Augusta, Georgia

Newspaper:	Not available
Federal Register:	09/30/2016

TRUPOINT BANK

* Branch

TruPoint Bank, Grundy, Virginia, proposes to establish a branch at 116 Executive Park, Asheville, North Carolina

Newspaper:	Not available
Federal Register:	Not applicable

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
NONE

CRA Examinations scheduled for Quarter of

Institution	Location
NONE

* Subject to the provisions of the Community Reinvestment Act

District: 5 Federal Reserve Bank of: Richmond

Filings received during the week ending September 3, 2016

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 5
Federal Reserve Bank of: Richmond