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 August 20, 2016

Filer

Filing Type

Filing Proposal

End of Comment Period

CLEAR MOUNTAIN BANK

Premises

Clear Mountain Bank, Bruceton Mills, WV has requested approval to exceed the established limit for premises under Section 24A of the Federal Reserve Act, to purchase a building the bank currently leases in Bruceton Mills, WV

Newspaper:	Not applicable
Federal Register:	Not applicable

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

FIRST BANCORP

* 3A5
* 18C
* Branch

First Bancorp, Southern Pines, North Carolina, to acquire 100% of the voting securities of Carolina Bank Holdings, Inc., Greensboro, North Carolina, and thereby indirectly acquire Carolina Bank, Greensboro, North Carolina. Additionally, First Bank, Troy, North Carolina, to merge with Carolina Bank.

Newspaper:	09/16/2016
Federal Register:	09/12/2016

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 Forth Quarter of 2016 (October 1, 2016 - December 31, 2016)

Institution	Location
BANK OF CHARLOTTE CTY	PHENIX, VIRGINIA
CLEAR MNT BK	BRUCETON MILLS, WEST VIRGINIA
CNB	CENTREVILLE, MARYLAND
FREDERICK CTY BK	FREDERICK, MARYLAND
MIDDLEBURG BK	MIDDLEBURG, VIRGINIA

* Subject to the provisions of the Community Reinvestment Act

District: 5 Federal Reserve Bank of: Richmond

Filings received during the week ending August 20, 2016

Availability of CRA Public Evaluations

CRA Examinations scheduled for Forth Quarter of 2016 (October 1, 2016 - December 31, 2016)

District: 5
Federal Reserve Bank of: Richmond