Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 43047 [2014-17426]

Download as PDF emcdonald on DSK67QTVN1PROD with NOTICES Federal Register / Vol. 79, No. 142 / Thursday, July 24, 2014 / Notices minutes; Division of Consumer & Community Affairs (DCCA), 3 minutes; Other divisions, 5 minutes; and NonSRC surveys, 90 minutes. Number of respondents: 500. General description of report: This information collection is voluntary and is authorized by the Federal Reserve Act (12 U.S.C. § 225a, 263). No issue of confidentiality normally arises because names and any other characteristics that would permit personal identification of respondents are not reported to the Federal Reserve Board. However, exemption 6 of the Freedom of Information Act (5 U.S.C. § 552(b)(6)) would exempt this information from disclosure. Abstract: The Federal Reserve uses this voluntary survey to obtain household-based information specifically tailored to the Federal Reserve’s policy, regulatory, and operational responsibilities. Currently, the University of Michigan’s Survey Research Center (SRC) includes survey questions on behalf of the Federal Reserve in an addendum to their regular monthly Survey of Consumer Attitudes and Expectations. The SRC conducts the survey by telephone with a sample of 500 households and asks questions of special interest to the Federal Reserve intermittently, as needed. The frequency and content of the questions depend on changing economic, regulatory, and legislative developments. The Federal Reserve primarily uses the survey to study consumer financial decisions, attitudes, and payment behavior. 3. Report title: Recordkeeping Requirements Associated with the Real Estate Lending Standards Regulation for State Member Banks. Agency form number: Reg H–5. OMB control number: 7100–0261. Frequency: Aggregate report, quarterly; policy statement, annually. Reporters: State member banks. Estimated annual reporting hours: 17,000 hours. Estimated average hours per response: Aggregate report: 5 hours; Policy statement: 20 hours. Number of respondents: 850. General description of report: This information collection is mandatory pursuant to section 304 of the Federal Deposit Insurance Corporation Improvement Act of 1991 (FDICIA) (12 U.S.C. 1828(o)) which authorizes the Federal Reserve to require the recordkeeping requirements associated with the Board’s Regulation H (12 CFR 208.51). Since the information is not collected by the Federal Reserve, no issue of confidentiality under the Freedom of Information Act (FOIA) arises. However, information gathered VerDate Mar<15>2010 18:03 Jul 23, 2014 Jkt 232001 by the Federal Reserve during examinations of state member banks would be deemed exempt from disclosure under exemption 8 of FOIA. 5 U.S.C. § 552(b)(8). In addition, exemptions 4 and 6 of FOIA, (5 U.S.C. § 552(b)(4) and (b)(6)) also may apply to certain data (specifically, individual loans identified as in excess of supervisory loan-to-value limits) collected in response to these requirements if gathered by the Federal Reserve, depending on the particular circumstances. These additional exemptions relate to confidential commercial and financial information, and personal information, respectively. Applicability of these exemptions would have to be determined on a caseby-case basis. Abstract: State member banks must adopt and maintain a written real estate lending policy. In addition, banks must identify their loans in excess of the supervisory loan-to-value limits and report (at least quarterly) the aggregate amount of the loans to the bank’s board of directors. Board of Governors of the Federal Reserve System, July 21, 2014. Robert deV. Frierson, Secretary of the Board. [FR Doc. 2014–17412 Filed 7–23–14; 8:45 am] 43047 standards in section 4 of the BHC Act (12 U.S.C. 1843). Unless otherwise noted, nonbanking activities will be conducted throughout the United States. Unless otherwise noted, comments regarding each of these applications must be received at the Reserve Bank indicated or the offices of the Board of Governors not later than August 18, 2014. A. Federal Reserve Bank of St. Louis (Yvonne Sparks, Community Development Officer) P.O. Box 442, St. Louis, Missouri 63166–2034: 1. Simmons First National Corporation, Pine Bluff, Arkansas; to merge with Community First Bancshares, Inc., and thereby indirectly acquire First State Bank, both in Union City, Tennessee. Board of Governors of the Federal Reserve System, July 21, 2014. Michael J. Lewandowski, Associate Secretary of the Board. [FR Doc. 2014–17426 Filed 7–23–14; 8:45 am] BILLING CODE 6210–01–P FEDERAL TRADE COMMISSION Agency Information Collection Activities; Proposed Collection; Comment Request BILLING CODE 6210–01–P Federal Trade Commission (‘‘FTC’’ or ‘‘Commission’’). ACTION: Notice. AGENCY: FEDERAL RESERVE SYSTEM Formations of, Acquisitions by, and Mergers of Bank Holding Companies The companies listed in this notice have applied to the Board for approval, pursuant to the Bank Holding Company Act of 1956 (12 U.S.C. 1841 et seq.) (BHC Act), Regulation Y (12 CFR Part 225), and all other applicable statutes and regulations to become a bank holding company and/or to acquire the assets or the ownership of, control of, or the power to vote shares of a bank or bank holding company and all of the banks and nonbanking companies owned by the bank holding company, including the companies listed below. The applications listed below, as well as other related filings required by the Board, are available for immediate inspection at the Federal Reserve Bank indicated. The applications will also be available for inspection at the offices of the Board of Governors. Interested persons may express their views in writing on the standards enumerated in the BHC Act (12 U.S.C. 1842(c)). If the proposal also involves the acquisition of a nonbanking company, the review also includes whether the acquisition of the nonbanking company complies with the PO 00000 Frm 00029 Fmt 4703 Sfmt 4703 The FTC intends to ask the Office of Management and Budget (‘‘OMB’’) to extend for an additional three years the current Paperwork Reduction Act (‘‘PRA’’) clearance for information collection requirements contained in its Use of Prenotification Negative Option Plans (‘‘Negative Option Rule’’ or ‘‘Rule’’). That clearance expires on December 31, 2014. DATES: Comments must be submitted by September 22, 2014. ADDRESSES: Interested parties may file a comment online or on paper, by following the instructions in the Request for Comment part of the SUPPLEMENTARY INFORMATION section below. Write ‘‘Negative Option Rule: FTC File No. P064202’’ on your comment, and file your comment online at https://ftcpublic.commentworks.com/ ftc/NegOptionPRA by following the instructions on the web-based form. If you prefer to file your comment on paper, mail or deliver your comment to the following address: Federal Trade Commission, Office of the Secretary, 600 Pennsylvania Avenue NW., Suite CC–5610 (Annex J), Washington, DC 20580, or deliver your comment to the SUMMARY: E:\FR\FM\24JYN1.SGM 24JYN1

Agencies

FEDERAL RESERVE SYSTEM

[Federal Register Volume 79, Number 142 (Thursday, July 24, 2014)]
[Notices]
[Page 43047]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-17426]


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FEDERAL RESERVE SYSTEM


Formations of, Acquisitions by, and Mergers of Bank Holding 
Companies

    The companies listed in this notice have applied to the Board for 
approval, pursuant to the Bank Holding Company Act of 1956 (12 U.S.C. 
1841 et seq.) (BHC Act), Regulation Y (12 CFR Part 225), and all other 
applicable statutes and regulations to become a bank holding company 
and/or to acquire the assets or the ownership of, control of, or the 
power to vote shares of a bank or bank holding company and all of the 
banks and nonbanking companies owned by the bank holding company, 
including the companies listed below.
    The applications listed below, as well as other related filings 
required by the Board, are available for immediate inspection at the 
Federal Reserve Bank indicated. The applications will also be available 
for inspection at the offices of the Board of Governors. Interested 
persons may express their views in writing on the standards enumerated 
in the BHC Act (12 U.S.C. 1842(c)). If the proposal also involves the 
acquisition of a nonbanking company, the review also includes whether 
the acquisition of the nonbanking company complies with the standards 
in section 4 of the BHC Act (12 U.S.C. 1843). Unless otherwise noted, 
nonbanking activities will be conducted throughout the United States.
    Unless otherwise noted, comments regarding each of these 
applications must be received at the Reserve Bank indicated or the 
offices of the Board of Governors not later than August 18, 2014.
    A. Federal Reserve Bank of St. Louis (Yvonne Sparks, Community 
Development Officer) P.O. Box 442, St. Louis, Missouri 63166-2034:
    1. Simmons First National Corporation, Pine Bluff, Arkansas; to 
merge with Community First Bancshares, Inc., and thereby indirectly 
acquire First State Bank, both in Union City, Tennessee.

    Board of Governors of the Federal Reserve System, July 21, 2014.
Michael J. Lewandowski,
Associate Secretary of the Board.
[FR Doc. 2014-17426 Filed 7-23-14; 8:45 am]
BILLING CODE 6210-01-P

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