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

District: 2
Federal Reserve Bank of: New York

Filings received during the week ending April 30, 2016

Filer

Filing Type

Filing Proposal

End of Comment Period

BASSWOOD CAPITAL MANAGEMENT, LC

CIC

Notice of Change in Control by Basswood Capital Management, LLC, New York, New York; funds for which Basswood Partners, LLC serves as General Partner and for which Basswood Capital Management, LLC serves as Investment Manager (Basswood Opportunity Partners, LP; Basswood Financial Fund, LP; Basswood Financial Long Only Fund, LP); a fund for which Basswood Enhanced Long Short GP, LLC serves as General Partner and for which Basswood Capital Management, LLC serves as Investment Manager (Basswood Enhanced Long Short Fund, LP); funds for which Basswood Capital Management, LLC serves as Investment Manager (Basswood Opportunity Fund, Inc.; Basswood Financial Fund, Inc.; BCM Select Equity I Master, Ltd.; Main Street Master, Ltd.); Basswood Capital Management, LLC as investment adviser to two managed accounts; Matthew Lindenbaum and Bennett Lindenbaum all of New York, New York; to collectively acquire up to 15 percent of the outstanding voting shares of Suffolk Bancorp, and indirectly its subsidiary bank, Suffolk County National Bank, both of Riverhead, New York.

Newspaper:	05/19/2016
Federal Register:	05/10/2016

CITIBANK, N.A.

Investment

Citibank N.A. Sioux Falls, South Dakota and Citibank Overseas Investment Corporation, New Castle, Delaware, to make an additional investment, pursuant to Section 211.9(f) of Regulation K.

Newspaper:	Not applicable
Federal Register:	Not applicable

ORANGE COUNTY TRUST COMPANY

* Branch

Orange County Trust Company, Middletown, New York, to establish a branch office to be located at 5-7 West Cross Street, Suite 7A, Hawthorne, New York.

Newspaper:	05/05/2016
Federal Register:	Not applicable

ORANGE COUNTY TRUST COMPANY

* Branch

Orange County Trust Company, Middletown, New York, to establish a branch office to be located at 1214 East Boston Post Road, Mamaroneck, New York.

Newspaper:	05/05/2016
Federal Register:	Not applicable

ORANGE COUNTY TRUST COMPANY

Premises

Orange County Trust Company, Middletown, New York, provides notice to increase its investment in bank premises, pursuant to Section 24A of the Federal Reserve Act and Section 208.21 of Regulation H.

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: 2 Federal Reserve Bank of: New York

Filings received during the week ending April 30, 2016

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 2
Federal Reserve Bank of: New York