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 October 30, 2010

Filer

Filing Type

Filing Proposal

End of Comment Period

EAGLEBANK

* 18C
* Branch

EagleBank, Bethesda, Maryland, to acquire certain assets and assume certain liabilities of the Washington, DC, branch office of OBA Bank, Germantown, Maryland.

Newspaper:	11/22/2010
Federal Register:	Not applicable

EAGLEBANK

* Branch

EagleBank, Bethesda, Maryland, to establish a branch at 1919 N. Lynn Street, Arlington, Virginia.

Newspaper:	11/22/2010
Federal Register:	Not applicable

FIRST REGION BANCSHARES, INC.

CIC

Mr. William Lee Hale and the William Lee Hale Trust, both of Bland, Virginia, acting in concert to retain control 20.86% of the voting shares of First Regions Bancshares, Inc., Richlands, Virginia.

Newspaper:	11/10/2010
Federal Register:	10/28/2010

MIDDLEBURG FINANCIAL CORPORATION

4c8

MIddleburg Financial Corporation, MIddleburg, Virginia, to retain 7.5% ownership the Davenport Financial Fund, LLC.

Newspaper:	Not applicable
Federal Register:	Not available

Park Sterling Corporation

3A1

Park Sterling Corporation, Charlotte, North Carolina, to become a bank holding company by acquiring 100% of the voting shares of Park Sterling Bank, Charlotte, North Carolina.

Newspaper:	Not applicable
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 October 30, 2010

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 5
Federal Reserve Bank of: Richmond