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 July 3, 2010

Filer

Filing Type

Filing Proposal

End of Comment Period

FIRST AMERICAN FINANCIAL MANAGEMENT COMPANY

* 3A1

First American Financial Management Company, Salisbury, North Carolina, to become a bank holding company through the acquisition of 51% of the voting securities of Community Bank of Rowan, Salisbury, North Carolina.

Newspaper:	Not available
Federal Register:	07/30/2010

FIRST NATIONAL FINANCIAL GROUP, INC.

* 3A1

First National Financial Group, Inc., Shelby, North Carolina, to become a bank holding company through the acquisition of 100% of the voting shares of First National Bank of Shelby, Shelby, North Carolina.

Newspaper:	08/02/2010
Federal Register:	07/30/2010

PALMETTO BANCSHARES, INC.

CIC

Patriot Financial Partners, GP, L.P., Patriot Financial Partners, L.P., Patriot Financial Partners Parallel, L.P., Patriot Financial Partners, GP, LLC, Patriot Financial Managers, L.P., and Messrs. Ira M. Lubert, W. Kirk Wycoff and James J. Lynch, all of Philadelphia, Pennsylvania, to purchase up to 19.2 percent of Palmetto Bancshares, Inc., Greenville, SC.

Newspaper:	Not available
Federal Register:	07/20/2010

UNION FIRST MARKET BANK

* 18C

Union First Market Bank, Richmond, Virginia, to merge with The Rappahannock National Bank, Washington, Virginia.

Newspaper:	08/04/2010
Federal Register:	Not applicable

UNION FIRST MARKET BANK

* 18C

Union First Market Bank, Richmond, Virginia, to merge with Northern Neck State Bank, Warsaw, Virginia.

Newspaper:	08/04/2010
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
CONSOLIDATED B&TC, RICHMOND, VIRGINIA	517423	03/08/2010	06/10/2010	S	Small Bank
FAUQUIER BK, WARRENTON, VIRGINIA	976226	03/01/2010	06/01/2010	S	Large Bank
FIRST BK, STRASBURG, VIRGINIA	899428	02/16/2010	05/20/2010	S	Int Sm Bank
FIRST PEOPLES BK INC, MULLENS, WEST VIRGINIA	708333	03/01/2010	06/02/2010	S	Small Bank

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 July 3, 2010

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 5
Federal Reserve Bank of: Richmond