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 22, 2017

Filer

Filing Type

Filing Proposal

End of Comment Period

DELMARVA BANCSHARES, INC.

CIC

Basswood Capital Management, LLC, New York, New York; Basswood Opportunity Partners, LP, New York, New York; Basswood Opportunity Fund, Inc., New York, New York; Basswood Financial Fund, LP, New York, New York; Basswood Financial Fund, Inc., New York, New York; Basswood Financial Long Only Fund, LP, New York, New York; MGS Partners, LLC, New York, New York; and Bennett Lindenbaum and Matthew Lindenbaum, as Managing Members of Basswood Partners, LLC, and of Basswood Capital Management, LLC; all of New York, New York; to acquire more than 10% of Delmarva Bancshares, Inc., Cambridge, Maryland.

Newspaper:	Not available
Federal Register:	Not available

SOUTH STATE CORPORATION

* 3A5

South State Corporation, Columbia, South Carolina, to acquire 100% of the voting securities of Park Sterling Corporation, Charlotte, North Carolina, and thereby indirectly acquire Park Sterling Bank, Charlotte, North Carolina.

Newspaper:	Not available
Federal Register:	08/10/2017

STATE BANCORP, INC.

CIC

David M. Thomas, Morgantown, West Virginia, to individually retain a controlling shareholder position of State Bancorp, Inc., Bruceton Mills, West Virginia, and by the Brian F. Thomas Revocable Trust-2015, the Mary F. Thomas Trust, Staci Thomas, Morgantown, West Virginia, Sandra Thomas, Morgantown, West Virginia, and Kendall Thomas, Bruceton Mills, West Virginia, to join the previously approved Thomas family control group.

Newspaper:	Not available
Federal Register:	Not available

UNITED BANK

* 18C
* Branch

United Bank, Fairfax, Virginia, has submitted an application to merge United Bank, Inc., Parkersburg, West Virginia with and into United Bank.

Newspaper:	Not available
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
SHORE UNITED BK, EASTON, MARYLAND	933023	02/27/2017	07/17/2017	S	Int Sm Bank

CRA Examinations scheduled for Quarter of

Institution	Location	Quarter
NONE

* Subject to the provisions of the Community Reinvestment Act

District: 5 Federal Reserve Bank of: Richmond

Filings received during the week ending July 22, 2017

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 5
Federal Reserve Bank of: Richmond