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 April 5, 2008

Filer

Filing Type

Filing Proposal

End of Comment Period

ALLIANCE FINANCIAL CORPORATION

* 3A1

Alliance Financial Corporation, Gastonia, North Carolina, to become a bank holding company by acquiring 100 percent of Alliance Bank & Trust Company, Gastonia, North Carolina.

Newspaper:	04/19/2008
Federal Register:	04/18/2008

BANKANNAPOLIS

* Branch

BankAnnapolis, Annapolis, Maryland, proposes to establish a branch at Annapolis Towne Center at Parole, Annapolis, Maryland.

Newspaper:	04/14/2008
Federal Register:	Not applicable

HAMPTON ROADS BANKSHARES, INC.

* 3A5

Hampton Roads Bankshares, Inc., Norfolk, Virginia, to acquire 100% of the voting securities of Shore Financial Corporation, Onley, Virginia, and thereby indirectly acquire Shore Bank, Onley, Virginia.

Newspaper:	Not available
Federal Register:	Not available

SECOND BANK & TRUST

* 18C

Second Bank and Trust, Fredericksburg, Virginia, to merge with First National Bank, Christiansburg, Virginia, and Planters Bank & Trust Company of Virginia, Staunton, Virginia.

Newspaper:	04/24/2008
Federal Register:	Not applicable

VIRGINIA PARTNERS BANK

Member
* Branch

Virginia Partners Bank, Fredericksburg, Virginia (in organization), to become a member of the Federal Reserve System and to establish two branches.

Newspaper:	04/10/2008
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
HIGHLANDS CMNTY BK, COVINGTON, VIRGINIA	3125315	10/29/2007	01/28/2008	S	Small Bank
VIRGINIA CMRC BK, ARLINGTON, VIRGINIA	1190074	10/01/2007	01/30/2008	S	Large 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 April 5, 2008

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 5
Federal Reserve Bank of: Richmond