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

District: 3
Federal Reserve Bank of: Philadelphia

Filings received during the week ending February 18, 2006

Filer

Filing Type

Filing Proposal

End of Comment Period

ORRSTOWN FINANCIAL SERVICES, INC.

* 3A3

Orrstown Financial Services, Inc., Shippensburg, PA, to acquire The First National Bank of Newport, Newport, PA

Newspaper:	Not available
Federal Register:	03/09/2006

TOWER BANCORP INC.

4c8
* 3A5

Tower Bancorp, Inc., Greencastle, PA, to acquire FNB Financial Corporation, McConnellsburg, and its wholly own subsidiary, The First National Bank of McConnellsburg, McConnellsburg, PA.

Newspaper:	Not available
Federal Register:	03/13/2006

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
EAST PENN BK, EMMAUS, PENNSYLVANIA	1901243	09/07/2005	02/07/2006	S	Int Sm Bank

CRA Examinations scheduled for Second Quarter of 2006 (April 1, 2006 - June 30, 2006)

Institution	Location
NONE

District: 3 Federal Reserve Bank of: Philadelphia

Filings received during the week ending February 18, 2006

Availability of CRA Public Evaluations

CRA Examinations scheduled for Second Quarter of 2006 (April 1, 2006 - June 30, 2006)

District: 3
Federal Reserve Bank of: Philadelphia