Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 58783 [2014-23249]
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Federal Register / Vol. 79, No. 189 / Tuesday, September 30, 2014 / Notices
Operational Risk Schedule
Proposed
Proposed changes to the Operational
Risk Schedule would provide greater
insight into the types and frequency of
operational risk expenses incurred by
respondents, which would improve
ongoing supervisory activities.
The FDIC proposes adding a data item
for firms to voluntarily disclose how
much of their mortgage related litigation
reserve is attributable to contractual
representation and warranty claims.
Estimated Number of Respondents: 4.
Annual Burden per Respondent: 1,040
hours.
Estimated Total Annual Burden:
4,160 hours.
The FDIC recognizes that the Board
has estimated 88,341 hours for bank
holding companies to prepare the
Summary, Macroscenario, Operational
risk, Regulatory capital transitions,
Regulatory capital instruments, and
Counterparty credit risk schedules
submitted for the FR Y–14A. The FDIC
believes that the systems covered
institutions use to prepare the FR Y–
14A reporting templates will also be
used to prepare the reporting templates
described in this notice. Comments
continue to be invited on:
(a) Whether the collection of
information is necessary for the proper
performance of the functions of the
FDIC, including whether the
information has practical utility;
(b) The accuracy of the FDIC’s
estimate of the burden of the collection
of information;
(c) Ways to enhance the quality,
utility, and clarity of the information to
be collected;
(d) Ways to minimize the burden of
the collection on respondents, including
through the use of automated collection
techniques or other forms of information
technology; and
(e) Estimates of capital or start-up
costs and costs of operation,
maintenance, and purchase of services
to provide information.
Counterparty Credit Risk Schedule
Significant additions would be made
to the Counterparty Credit Risk
Schedule in order to more adequately
and accurately capture exposure
information related to derivatives and
securities financing transactions
(‘‘SFTs’’). These additions would
remediate deficiencies discovered in the
current collection related to exposure,
including a lack of information
regarding collateral, asset types, and
total exposure to a given counterparty,
and have been carefully evaluated
internally and vetted with respondents.
The FDIC proposes: (1) Adding a subschedule that collects the derivative
exposures at a legal-entity nettingagreement level for the top 25 noncentral clearing counterparty (‘‘nonCCP’’) and non-G–7 counterparties, as
well as all CCPs and the G–7
counterparties, that includes a breakout
of collateral into cash and non-cash, and
exposures into 14 asset categories; (2)
changing the current SFT sub-schedule
to collect exposures and collateral
separately at a counterparty legal-entity
netting-agreement level for the top 25
non-CCP and non-G–7 counterparties, as
well as all CCPs and the G–7
counterparties, and adding asset subcategories for a total of 30 specific asset
types; (3) removing all columns with the
institution specification of margin
period of risk (‘‘MPOR’’) under the
global market shocks from subschedules F.1.a through F.1.e and F.2;
(4) removing the column Loss Given
Default Derived from Unstressed
Probability of Default on F.2; and (5)
adding columns to worksheet F.1.e to
collect both gross and net stressed and
unstressed current exposure to central
clearing counterparties.
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Burden Estimates
The FDIC estimates the burden of this
collection as follows:
Current
Number of Respondents: 4.
Annual Burden per Respondent: 1,040
hours.
Total Annual Burden: 4,160 hours.
VerDate Sep<11>2014
18:09 Sep 29, 2014
Jkt 232001
Dated at Washington, DC, this 24th day of
September.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
58783
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 October 24,
2014.
A. Federal Reserve Bank of Atlanta
(Chapelle Davis, Assistant Vice
President) 1000 Peachtree Street NE.,
Atlanta, Georgia 30309:
1. State Bank Financial Corporation,
Atlanta, Georgia; to merge with GeorgiaCarolina Bancshares, Inc., and thereby
acquire its subsidiary, First Bank of
Georgia, both in Augusta, Georgia.
Board of Governors of the Federal Reserve
System, September 25, 2014.
Michael J. Lewandowski,
Associate Secretary of the Board.
[FR Doc. 2014–23249 Filed 9–29–14; 8:45 am]
BILLING CODE 6210–01–P
DEPARTMENT OF HEALTH AND
HUMAN SERVICES
[FR Doc. 2014–23240 Filed 9–29–14; 8:45 am]
Centers for Disease Control and
Prevention
BILLING CODE 6714–01–P
[30 Day 14–0909]
FEDERAL RESERVE SYSTEM
Agency Forms Undergoing Paperwork
Reduction Act Review
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.
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The Centers for Disease Control and
Prevention (CDC) has submitted the
following information collection request
to the Office of Management and Budget
(OMB) for review and approval in
accordance with the Paperwork
Reduction Act of 1995. The notice for
the proposed information collection is
published to obtain comments from the
public and affected agencies.
Written comments and suggestions
from the public and affected agencies
concerning the proposed collection of
information are encouraged. Your
comments should address any of the
following: (a) Evaluate whether the
proposed collection of information is
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[Federal Register Volume 79, Number 189 (Tuesday, September 30, 2014)]
[Notices]
[Page 58783]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-23249]
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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 October 24, 2014.
A. Federal Reserve Bank of Atlanta (Chapelle Davis, Assistant Vice
President) 1000 Peachtree Street NE., Atlanta, Georgia 30309:
1. State Bank Financial Corporation, Atlanta, Georgia; to merge
with Georgia-Carolina Bancshares, Inc., and thereby acquire its
subsidiary, First Bank of Georgia, both in Augusta, Georgia.
Board of Governors of the Federal Reserve System, September 25,
2014.
Michael J. Lewandowski,
Associate Secretary of the Board.
[FR Doc. 2014-23249 Filed 9-29-14; 8:45 am]
BILLING CODE 6210-01-P
