Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB, 58851-58852 [E7-20413]
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Federal Register / Vol. 72, No. 200 / Wednesday, October 17, 2007 / Notices
Automated Cargo Transport Service,
Inc. dba ACTS, 9 Barkentine Road,
Rancho Palos Verdes, CA 90275. Officer:
Richard Alton Schleicher, CEO
(Qualifying Individual).
Dated: October 11, 2007.
Bryant L. VanBrakle,
Secretary.
[FR Doc. E7–20412 Filed 10–16–07; 8:45 am]
BILLING CODE 6730–01–P
FEDERAL RESERVE SYSTEM
Agency Information Collection
Activities: Announcement of Board
Approval Under Delegated Authority
and Submission to OMB
Background.
Notice is hereby given of the final
approval of proposed information
collections by the Board of Governors of
the Federal Reserve System (Board)
under OMB delegated authority, as per
5 CFR 1320.16 (OMB Regulations on
Controlling Paperwork Burdens on the
Public). Board–approved collections of
information are incorporated into the
official OMB inventory of currently
approved collections of information.
Copies of the Paperwork Reduction Act
Submission, supporting statements and
approved collection of information
instrument(s) are placed into OMB’s
public docket files. The Federal Reserve
may not conduct or sponsor, and the
respondent is not required to respond
to, an information collection that has
been extended, revised, or implemented
on or after October 1, 1995, unless it
displays a currently valid OMB control
number.
FOR FURTHER INFORMATION CONTACT:
Federal Reserve Board Clearance Officer
–Michelle Shore––Division of Research
and Statistics, Board of Governors of the
Federal Reserve System, Washington,
DC 20551 (202–452–3829)
OMB Desk Officer–Alexander T.
Hunt––Office of Information and
Regulatory Affairs, Office of
Management and Budget, New
Executive Office Building, Room 10235,
Washington, DC 20503.
sroberts on PROD1PC70 with NOTICES
SUMMARY:
Final approval under OMB delegated
authority of the extension for three
years, with revision, of the following
report:
1. Report title: Interagency Bank
Merger Act Application
Agency form number: FR 2070
OMB control number: 7100–0171
Frequency: On occasion
Reporters: State member banks
Annual reporting hours: Nonaffiliate
Transactions: 1,560; Affiliate
Transactions: 234
VerDate Aug<31>2005
19:05 Oct 16, 2007
Jkt 214001
Estimated average hours per response:
Nonaffiliate Transactions: 30; Affiliate
Transactions: 18
Number of respondents: Nonaffiliate
Transactions: 52; Affiliate Transactions:
13
General description of report: This
information collection is mandatory (12
U.S.C. 1828(c)) and is not given
confidential treatment. However,
applicants may request that parts of a
submitted application be kept
confidential. In such cases, the burden
is on the applicant to justify the
exemption by demonstrating that
disclosure would cause substantial
competitive harm or result in an
unwarranted invasion of personal
privacy or would otherwise qualify for
an exemption under the Freedom of
Information Act (5 U.S.C. 552). The
confidentiality status of the information
submitted will be judged on a case–by–
case basis.
Abstract: The Federal Reserve, the
Office of the Comptroller of the
Currency (OCC), the Federal Deposit
Insurance Corporation (FDIC) and the
Office of Thrift Supervision (OTS) (the
agencies) each use this application form
to collect information for bank merger
proposals that require prior approval
under the Bank Merger Act. Prior
approval is required for every merger
transaction involving affiliated or
nonaffiliated institutions and must be
sought from the regulatory agency of the
depository institution that would
survive the proposed transaction. A
merger transaction may include a
merger, consolidation, assumption of
deposit liabilities, or certain asset–
transfers between or among two or more
institutions. The Federal Reserve
collects this information so that it may
meet its statutory obligation to evaluate
the competitive, financial, managerial,
future prospects, and convenience and
needs aspects of each state member
bank merger proposal.
Current Actions: The Federal Reserve
will update the General Information and
Instructions to reflect passage of the
Federal Deposit Insurance Reform Act of
2005, which was enacted on February 8,
2006. Provisions of this legislation
directed the merger of the Bank
Insurance Fund and the Savings
Association Insurance Fund into a new
Deposit Insurance Fund. The formation
of the single insurance fund eliminated
the need for two types of insurance–
related applications that had been
required for certain bank merger
transactions. The revisions relate
entirely to the eliminated filing
requirements. On July 18, 2007, the
Federal Reserve published a notice in
the Federal Register (72 FR 39429)
PO 00000
Frm 00048
Fmt 4703
Sfmt 4703
58851
requesting public comment for sixty
days on the extension, with revision, of
the Interagency Bank Merger Act
Application; the comment period
expired on September 17, 2007. The
Federal Reserve did not receive any
comments. The revisions will be
implemented as proposed.
On August 7, 2007, the OCC and FDIC
published a separate Federal Register
notice (72 FR 44220) requesting public
comment for sixty days on these
revisions; the comment period expired
on October 9, 2007. The OTS will
publish a separate Federal Register
notice requesting public comment on
these revisions.
2. Report title: Intermittent Survey of
Businesses
Agency form number: FR 1374
OMB control number: 7100–0302
Frequency: on occasion
Reporters: businesses
Annual reporting hours: 205
Estimated average hours per response:
15 minutes
Number of respondents: 250
General description of report: This
information collection is voluntary (12
U.S.C. 225a and 263) and may be given
confidential treatment (5 U.S.C.
552(b)(4)).
Abstract: The survey data are used by
the Federal Reserve to gather
information specifically tailored to the
Federal Reserve’s policy and operational
responsibilities. There are two parts to
this event–generated survey. First, the
Federal Reserve Banks survey business
contacts as economic developments
warrant. Currently, they conduct these
surveys two times per year, with
approximately 120 business
respondents for each survey (about ten
per Reserve Bank). Usually, these
surveys are conducted by Reserve Bank
economists telephoning or emailing
purchasing managers, economists, or
other knowledgeable individuals at
selected, relevant businesses. The
frequency and content of the questions,
as well as the businesses contacted, vary
depending on changing developments
in the economy. Second, economists at
the Board survey business contacts by
telephone, inquiring about current
business conditions. Historically, these
surveys have been conducted biweekly,
with approximately ten respondents for
each survey.
Current actions: The Federal Reserve
will revise the frequency of both parts
of the survey in response to recent
changes in the demand for these data by
the Board members. The Reserve Bank
portion of the survey will be conducted
as economic events dictate (about three
times per year). The Board portion of
the survey will be conducted on an
E:\FR\FM\17OCN1.SGM
17OCN1
58852
Federal Register / Vol. 72, No. 200 / Wednesday, October 17, 2007 / Notices
sroberts on PROD1PC70 with NOTICES
event–generated basis, no more than ten
times per year. In addition, the Federal
Reserve will increase the number of
respondents for the Reserve Bank part of
the survey from 120 to 240 (twenty per
Reserve Bank). On July 23, 2007, the
Federal Reserve published a notice in
the Federal Register (72 FR 40152)
requesting public comment for sixty
days on the extension, with revision, of
the Intermittent Survey of Businesses;
the comment period expired on
September 21, 2007. The Federal
Reserve did not receive any comments.
The revisions will be implemented as
proposed.
Final approval under OMB delegated
authority of the extension for three
years, without revision, of the following
report:
1. Report title: Interagency Notice of
Change in Control, Interagency Notice of
Change in Director or Senior Executive
Officer, and Interagency Biographical
and Financial Report.
Agency form number: FR 2081a, FR
2081b, and FR 2081c
OMB control number: 7100–0134
Frequency: On occasion
Reporters: Financial institutions and
certain of their officers and shareholders
Annual reporting hours: FR 2081a:
3,150; FR 2081b: 142; FR 2081c: 2,464
Estimated average hours per response:
FR 2081a: 30; FR 2081b: 2; FR 2081c: 4
Number of respondents: FR 2081a:
105; FR 2081b: 71; FR 2081c: 616
General description of report: This
information collection is mandatory (12
U.S.C. 1817(j) and 12 U.S.C. 1831(i))
and is not given confidential treatment.
However, applicants may request that
parts of a submitted application be kept
confidential. In such cases, the burden
is on the applicant to justify the
exemption by demonstrating that
disclosure would cause substantial
competitive harm or result in an
unwarranted invasion of personal
privacy or would otherwise qualify for
an exemption under the Freedom of
Information Act (5 U.S.C. 552). The
confidentiality status of the information
submitted will be judged on a case–by–
case basis.
Abstract: The information collected
assists the Federal Reserve, the Office of
the Comptroller of the Currency (OCC),
the Federal Deposit Insurance
Corporation (FDIC) and the Office of
Thrift Supervision (OTS) (the agencies)
in fulfilling their statutory
responsibilities as supervisors. Each of
these forms is used to collect
information in connection with
applications and notices filed prior to
proposed changes in the ownership or
management of banking organizations.
VerDate Aug<31>2005
19:05 Oct 16, 2007
Jkt 214001
The agencies use the information to
evaluate the controlling owners, senior
officers, and directors of the insured
depository institutions subject to their
oversight.
Current Actions: On July 18, 2007, the
Federal Reserve published a notice in
the Federal Register (72 FR 39429)
requesting public comment for sixty
days on the extension, without revision,
of these notices and reporting form; the
comment period expired on September
17, 2007. The Federal Reserve did not
receive any comments. On August 7,
2007, the OCC and FDIC published a
separate Federal Register notice (72 FR
44220) requesting public comment for
sixty days on the extension; the
comment period expired on October 9,
2007. The OTS will publish a separate
Federal Register notice requesting
public comment on the extension.
2. Report title: Semiannual Report of
Derivatives Activity
Agency form number: FR 2436
OMB control number: 7100–0286
Frequency: Semiannually
Reporters: U.S. dealers of over–the–
counter derivatives
Annual reporting hours: 2,100
Estimated average hours per response:
150
Number of respondents: 7
General description of report: This
information collection is voluntary (12
U.S.C. 225a, 263, 348a, and 353–359)
and is given confidential treatment (5
U.S.C. 552(b)(4)).
Abstract: Data are collected on
notional amounts and gross market
values of outstanding OTC derivatives
contracts for broad categories of market
risk: foreign exchange, interest rate,
equities, commodities, and credit. For
the different types of market risk except
commodities, further detail is collected
on the underlying market risk of each
contract–– the underlying currency,
equity market, or reference entity
(borrower). This collection of
information complements the triennial
Central Bank Survey of Foreign
Exchange and Derivatives Market
Activity (FR 3036; OMB No. 7100–
0285). The FR 2436 collects similar data
on the outstanding volume of
derivatives, but not on derivatives
turnover. The Federal Reserve conducts
both surveys in coordination with other
central banks and forwards the
aggregated data furnished by U.S.
reporters to the Bank for International
Settlements, which publishes global
market statistics that are aggregations of
national data.
Current Actions: On July 23, 2007, the
Federal Reserve published a notice in
the Federal Register (72 FR 40152)
requesting public comment for sixty
PO 00000
Frm 00049
Fmt 4703
Sfmt 4703
days on the extension, without revision,
of the Semiannual Report of Derivatives
Activity; the comment period expired
on September 21, 2007. The Federal
Reserve did not receive any comments.
Board of Governors of the Federal Reserve
System, October 12, 2007.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. E7–20413 Filed 10–16–07; 8:45 am]
BILLING CODE 6210–01–S
FEDERAL RESERVE SYSTEM
Change in Bank Control Notices;
Acquisition of Shares of Bank or Bank
Holding Companies
The notificants listed below have
applied under the Change in Bank
Control Act (12 U.S.C. 1817(j)) and
§ 225.41 of the Board’s Regulation Y (12
CFR 225.41) to acquire a bank or bank
holding company. The factors that are
considered in acting on the notices are
set forth in paragraph 7 of the Act (12
U.S.C. 1817(j)(7)).
The notices are available for
immediate inspection at the Federal
Reserve Bank indicated. The notices
also will be available for inspection at
the office of the Board of Governors.
Interested persons may express their
views in writing to the Reserve Bank
indicated for that notice or to the offices
of the Board of Governors. Comments
must be received not later than
November 1, 2007.
A. Federal Reserve Bank of Kansas
City (Todd Offenbacker, Assistant Vice
President) 925 Grand Avenue, Kansas
City, Missouri 64198–0001:
1. Loris D. New Trust, UTA 09–07–93,
Loris D. New, Leavenworth, Kansas,
trustee; to acquire voting shares of
Tonganoxie Bankshares, Inc., and
thereby indirectly acquire voting shares
of First State Bank and Trust, both in
Tonganoxie, Kansas.
In connection with this application,
The Damon L. New Trust, UTA 12–12–
97, Damon L. New, Leavenworth,
Kansas, as trustee and individually; the
Jilinda A. White Trust, UTA 12–12–97,
Jilinda A. White, Leavenworth, Kansas,
as trustee and individually; the
Shawnda D. Gilmore Trust, UTA 12–12–
97, Shawnda D. Gilmore, Leavenworth,
Kansas, as trustee and individually; the
Brandon O. New Trust, UTA 12–12–97,
Brandon O. New, Leavenworth, Kansas,
as trustee and individually, as members
of the New Family Group, a group
acting in concert; has applied to retain
voting shares of Tonganoxie Bankshares,
Inc., and thereby indirectly retain voting
shares of First State Bank and Trust,
both in Tonganoxie, Kansas.
E:\FR\FM\17OCN1.SGM
17OCN1
]]>Agencies
[Federal Register Volume 72, Number 200 (Wednesday, October 17, 2007)]
[Notices]
[Pages 58851-58852]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-20413]
=======================================================================
-----------------------------------------------------------------------
FEDERAL RESERVE SYSTEM
Agency Information Collection Activities: Announcement of Board
Approval Under Delegated Authority and Submission to OMB
SUMMARY: Background.
Notice is hereby given of the final approval of proposed
information collections by the Board of Governors of the Federal
Reserve System (Board) under OMB delegated authority, as per 5 CFR
1320.16 (OMB Regulations on Controlling Paperwork Burdens on the
Public). Board-approved collections of information are incorporated
into the official OMB inventory of currently approved collections of
information. Copies of the Paperwork Reduction Act Submission,
supporting statements and approved collection of information
instrument(s) are placed into OMB's public docket files. The Federal
Reserve may not conduct or sponsor, and the respondent is not required
to respond to, an information collection that has been extended,
revised, or implemented on or after October 1, 1995, unless it displays
a currently valid OMB control number.
FOR FURTHER INFORMATION CONTACT: Federal Reserve Board Clearance
Officer -Michelle Shore--Division of Research and Statistics, Board of
Governors of the Federal Reserve System, Washington, DC 20551 (202-452-
3829)
OMB Desk Officer-Alexander T. Hunt--Office of Information and
Regulatory Affairs, Office of Management and Budget, New Executive
Office Building, Room 10235, Washington, DC 20503.
Final approval under OMB delegated authority of the extension for three
years, with revision, of the following report:
1. Report title: Interagency Bank Merger Act Application
Agency form number: FR 2070
OMB control number: 7100-0171
Frequency: On occasion
Reporters: State member banks
Annual reporting hours: Nonaffiliate Transactions: 1,560; Affiliate
Transactions: 234
Estimated average hours per response: Nonaffiliate Transactions:
30; Affiliate Transactions: 18
Number of respondents: Nonaffiliate Transactions: 52; Affiliate
Transactions: 13
General description of report: This information collection is
mandatory (12 U.S.C. 1828(c)) and is not given confidential treatment.
However, applicants may request that parts of a submitted application
be kept confidential. In such cases, the burden is on the applicant to
justify the exemption by demonstrating that disclosure would cause
substantial competitive harm or result in an unwarranted invasion of
personal privacy or would otherwise qualify for an exemption under the
Freedom of Information Act (5 U.S.C. 552). The confidentiality status
of the information submitted will be judged on a case-by-case basis.
Abstract: The Federal Reserve, the Office of the Comptroller of the
Currency (OCC), the Federal Deposit Insurance Corporation (FDIC) and
the Office of Thrift Supervision (OTS) (the agencies) each use this
application form to collect information for bank merger proposals that
require prior approval under the Bank Merger Act. Prior approval is
required for every merger transaction involving affiliated or
nonaffiliated institutions and must be sought from the regulatory
agency of the depository institution that would survive the proposed
transaction. A merger transaction may include a merger, consolidation,
assumption of deposit liabilities, or certain asset-transfers between
or among two or more institutions. The Federal Reserve collects this
information so that it may meet its statutory obligation to evaluate
the competitive, financial, managerial, future prospects, and
convenience and needs aspects of each state member bank merger
proposal.
Current Actions: The Federal Reserve will update the General
Information and Instructions to reflect passage of the Federal Deposit
Insurance Reform Act of 2005, which was enacted on February 8, 2006.
Provisions of this legislation directed the merger of the Bank
Insurance Fund and the Savings Association Insurance Fund into a new
Deposit Insurance Fund. The formation of the single insurance fund
eliminated the need for two types of insurance-related applications
that had been required for certain bank merger transactions. The
revisions relate entirely to the eliminated filing requirements. On
July 18, 2007, the Federal Reserve published a notice in the Federal
Register (72 FR 39429) requesting public comment for sixty days on the
extension, with revision, of the Interagency Bank Merger Act
Application; the comment period expired on September 17, 2007. The
Federal Reserve did not receive any comments. The revisions will be
implemented as proposed.
On August 7, 2007, the OCC and FDIC published a separate Federal
Register notice (72 FR 44220) requesting public comment for sixty days
on these revisions; the comment period expired on October 9, 2007. The
OTS will publish a separate Federal Register notice requesting public
comment on these revisions.
2. Report title: Intermittent Survey of Businesses
Agency form number: FR 1374
OMB control number: 7100-0302
Frequency: on occasion
Reporters: businesses
Annual reporting hours: 205
Estimated average hours per response: 15 minutes
Number of respondents: 250
General description of report: This information collection is
voluntary (12 U.S.C. 225a and 263) and may be given confidential
treatment (5 U.S.C. 552(b)(4)).
Abstract: The survey data are used by the Federal Reserve to gather
information specifically tailored to the Federal Reserve's policy and
operational responsibilities. There are two parts to this event-
generated survey. First, the Federal Reserve Banks survey business
contacts as economic developments warrant. Currently, they conduct
these surveys two times per year, with approximately 120 business
respondents for each survey (about ten per Reserve Bank). Usually,
these surveys are conducted by Reserve Bank economists telephoning or
emailing purchasing managers, economists, or other knowledgeable
individuals at selected, relevant businesses. The frequency and content
of the questions, as well as the businesses contacted, vary depending
on changing developments in the economy. Second, economists at the
Board survey business contacts by telephone, inquiring about current
business conditions. Historically, these surveys have been conducted
biweekly, with approximately ten respondents for each survey.
Current actions: The Federal Reserve will revise the frequency of
both parts of the survey in response to recent changes in the demand
for these data by the Board members. The Reserve Bank portion of the
survey will be conducted as economic events dictate (about three times
per year). The Board portion of the survey will be conducted on an
[[Page 58852]]
event-generated basis, no more than ten times per year. In addition,
the Federal Reserve will increase the number of respondents for the
Reserve Bank part of the survey from 120 to 240 (twenty per Reserve
Bank). On July 23, 2007, the Federal Reserve published a notice in the
Federal Register (72 FR 40152) requesting public comment for sixty days
on the extension, with revision, of the Intermittent Survey of
Businesses; the comment period expired on September 21, 2007. The
Federal Reserve did not receive any comments. The revisions will be
implemented as proposed.
Final approval under OMB delegated authority of the extension for three
years, without revision, of the following report:
1. Report title: Interagency Notice of Change in Control,
Interagency Notice of Change in Director or Senior Executive Officer,
and Interagency Biographical and Financial Report.
Agency form number: FR 2081a, FR 2081b, and FR 2081c
OMB control number: 7100-0134
Frequency: On occasion
Reporters: Financial institutions and certain of their officers and
shareholders
Annual reporting hours: FR 2081a: 3,150; FR 2081b: 142; FR 2081c:
2,464
Estimated average hours per response: FR 2081a: 30; FR 2081b: 2; FR
2081c: 4
Number of respondents: FR 2081a: 105; FR 2081b: 71; FR 2081c: 616
General description of report: This information collection is
mandatory (12 U.S.C. 1817(j) and 12 U.S.C. 1831(i)) and is not given
confidential treatment. However, applicants may request that parts of a
submitted application be kept confidential. In such cases, the burden
is on the applicant to justify the exemption by demonstrating that
disclosure would cause substantial competitive harm or result in an
unwarranted invasion of personal privacy or would otherwise qualify for
an exemption under the Freedom of Information Act (5 U.S.C. 552). The
confidentiality status of the information submitted will be judged on a
case-by-case basis.
Abstract: The information collected assists the Federal Reserve,
the Office of the Comptroller of the Currency (OCC), the Federal
Deposit Insurance Corporation (FDIC) and the Office of Thrift
Supervision (OTS) (the agencies) in fulfilling their statutory
responsibilities as supervisors. Each of these forms is used to collect
information in connection with applications and notices filed prior to
proposed changes in the ownership or management of banking
organizations. The agencies use the information to evaluate the
controlling owners, senior officers, and directors of the insured
depository institutions subject to their oversight.
Current Actions: On July 18, 2007, the Federal Reserve published a
notice in the Federal Register (72 FR 39429) requesting public comment
for sixty days on the extension, without revision, of these notices and
reporting form; the comment period expired on September 17, 2007. The
Federal Reserve did not receive any comments. On August 7, 2007, the
OCC and FDIC published a separate Federal Register notice (72 FR 44220)
requesting public comment for sixty days on the extension; the comment
period expired on October 9, 2007. The OTS will publish a separate
Federal Register notice requesting public comment on the extension.
2. Report title: Semiannual Report of Derivatives Activity
Agency form number: FR 2436
OMB control number: 7100-0286
Frequency: Semiannually
Reporters: U.S. dealers of over-the-counter derivatives
Annual reporting hours: 2,100
Estimated average hours per response: 150
Number of respondents: 7
General description of report: This information collection is
voluntary (12 U.S.C. 225a, 263, 348a, and 353-359) and is given
confidential treatment (5 U.S.C. 552(b)(4)).
Abstract: Data are collected on notional amounts and gross market
values of outstanding OTC derivatives contracts for broad categories of
market risk: foreign exchange, interest rate, equities, commodities,
and credit. For the different types of market risk except commodities,
further detail is collected on the underlying market risk of each
contract-- the underlying currency, equity market, or reference entity
(borrower). This collection of information complements the triennial
Central Bank Survey of Foreign Exchange and Derivatives Market Activity
(FR 3036; OMB No. 7100-0285). The FR 2436 collects similar data on the
outstanding volume of derivatives, but not on derivatives turnover. The
Federal Reserve conducts both surveys in coordination with other
central banks and forwards the aggregated data furnished by U.S.
reporters to the Bank for International Settlements, which publishes
global market statistics that are aggregations of national data.
Current Actions: On July 23, 2007, the Federal Reserve published a
notice in the Federal Register (72 FR 40152) requesting public comment
for sixty days on the extension, without revision, of the Semiannual
Report of Derivatives Activity; the comment period expired on September
21, 2007. The Federal Reserve did not receive any comments.
Board of Governors of the Federal Reserve System, October 12,
2007.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. E7-20413 Filed 10-16-07; 8:45 am]
BILLING CODE 6210-01-S
