Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 10742-10743 [E9-5366]

Download as PDF cprice-sewell on PRODPC61 with NOTICES 10742 Federal Register / Vol. 74, No. 47 / Thursday, March 12, 2009 / Notices 2314 data are used to identify current and potential problems at the foreign subsidiaries of U.S. parent companies, to monitor the activities of U.S. banking organizations in specific countries, and to develop a better understanding of activities within the industry, in general, and of individual institutions, in particular. Current Actions: On November 13, 2008, the Federal Reserve published a notice in the Federal Register (73 FR 67159) requesting public comment for 60 days on the revision, without extension, of the FR 2314. The comment period for this notice expired on January 12, 2009. The Federal Reserve did not receive any comments; the revisions will be implemented as proposed. 3. Report Title: Financial Statements of U.S. Nonbank Subsidiaries Held by Foreign Banking Organizations. Agency Form Number: FR Y–7N. OMB Control Number: 7100–0125. Frequency: Quarterly and annually. Reporters: Foreign banking organizations (FBOs). Annual Reporting Hours: FR Y–7N (quarterly), 5,277 hours; FR Y–7N (annually), 1,149 hours. Estimated Average Hours per Response: FR Y–7N (quarterly), 6.8 hours; FR Y–7N (annual), 6.8 hours. Number of Respondents: FR Y–7N (quarterly), 194; FR Y–7N (annual), 169. General Description of Report: This information collection is mandatory (12 U.S.C. 1844(c), 3106(c), and 3108). Confidential treatment is not routinely given to the data in these reports. However, confidential treatment for information, in whole or in part, on any of the reporting forms can be requested in accordance with the instructions to the form, pursuant to sections (b)(4) and (b)(6) of the Freedom of Information Act [5 U.S.C. 522(b)(4) and (b)(6)]. Abstract: The FR Y–7N collects financial information for nonfunctionally regulated U.S. nonbank subsidiaries held by FBOs other than through a U.S. bank holding company, U.S. financial holding company, or U.S. bank. FBOs file the FR Y–7N on a quarterly or annual basis based on size thresholds. Current Actions: On November 13, 2008, the Federal Reserve published a notice in the Federal Register (73 FR 67159) requesting public comment for 60 days on the revision, without extension, of the FR Y–7N. The comment period for this notice expired on January 12, 2009. The Federal Reserve did not receive any comments; the revisions will be implemented as proposed. VerDate Nov<24>2008 14:56 Mar 11, 2009 Jkt 217001 4. Report Title: Consolidated Report of Condition and Income for Edge and Agreement Corporations. Agency Form Number: FR 2886b. OMB Control Number: 7100–0086. Frequency: Quarterly. Reporters: Edge and agreement corporations. Annual Reporting Hours: 2,288 hours Estimated Average Hours per Response: 15.15 hours banking corporations, 9.60 investment corporations. Number of Respondents: 15 banking corporations, 50 investment corporations. General Description of Report: This information collection is mandatory (12 U.S.C. 602 and 625). Schedules RC–M (except data item 3) and RC–V are held as confidential pursuant to section (b)(4) of the Freedom of Information Act [5 U.S.C. 552 (b)(4)]. Abstract: The mandatory FR 2886b comprises a balance sheet, income statement, 2 schedules reconciling changes in capital and reserve accounts, and 10 supporting schedules, and it parallels the Call Report that commercial banks file. The Federal Reserve uses the data collected on the FR 2886b to supervise Edge corporations, identify present and potential problems, and monitor and develop a better understanding of activities within the industry. Current Actions: On November 13, 2008, the Federal Reserve published a notice in the Federal Register (73 FR 67159) requesting public comment for 60 days on the revision, without extension, of the FR 2886b. The comment period for this notice expired on January 12, 2009. The Federal Reserve did not receive any comments; the revisions will be implemented as proposed. Proposal to Approve Under OMB Delegated Authority the Extension for Three Years, With Revision, of the Following Report: 1. Report Title: Bank Holding Company Report of Insured Depository Institutions’ Section 23A Transactions with Affiliates. Agency Form Number: FR Y–8. OMB Control Number: 7100–0126. Frequency: Quarterly. Reporters: Top-tier bank holding companies (BHCs), including financial holding companies, for all insured depository institutions that are owned by the BHC and by foreign banking organizations that directly own a U.S. subsidiary bank. Annual Reporting Hours: 52,010 hours. Estimated Average Hours per Response: Institutions with covered PO 00000 Frm 00039 Fmt 4703 Sfmt 4703 transactions, 7.8 hours; Institutions without covered transactions, 1.0 hour. Number of Respondents: Institutions with covered transactions, 1,013; Institutions without covered transactions, 5,101. General Description of Report: This information collection is mandatory (section 5(c) of the Bank Holding Company Act (12 U.S.C. 1844(c)) and section 225.5(b) of Regulation Y (12 CFR 225.5(b)) and is given confidential treatment (5 U.S.C. 552(b)(4)). Abstract: This reporting form collects information on transactions between an insured depository institution and its affiliates that are subject to section 23A of the Federal Reserve Act. The primary purpose of the data is to enhance the Federal Reserve’s ability to monitor bank exposures to affiliates and to ensure banks’ compliance with section 23A of the Federal Reserve Act. Section 23A of the Federal Reserve Act is one of the most important statutes on limiting exposures to individual institutions and protecting against the expansion of the Federal safety net. Current Actions: On November 13, 2008, the Federal Reserve published a notice in the Federal Register (73 FR 67159) requesting public comment for 60 days on the extension, with revision of the FR Y–8. The comment period for this notice expired on January 12, 2009. The Federal Reserve did not receive any comments; the revisions will be implemented as proposed. Board of Governors of the Federal Reserve System, March 9, 2009. Jennifer J. Johnson, Secretary of the Board. [FR Doc. E9–5343 Filed 3–11–09; 8:45 am] BILLING CODE 6210–01–P 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 E:\FR\FM\12MRN1.SGM 12MRN1 Federal Register / Vol. 74, No. 47 / Thursday, March 12, 2009 / Notices indicated. The applications also will 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. Additional information on all bank holding companies may be obtained from the National Information Center website at www.ffiec.gov/nic/. 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 April 6, 2009. A. Federal Reserve Bank of Richmond (A. Linwood Gill, III, Vice President) 701 East Byrd Street, Richmond, Virginia 23261–4528: 1. Premier Financial Bancorp, Inc., Huntington, West Virginia, to acquire 100 percent of the voting shares of Abigail Adams National Bancorp, Inc., and thereby indirectly acquire The Adams National Bank, both of Washington, D.C., and Consolidated Bank and Trust Company, Richmond, Virginia. Board of Governors of the Federal Reserve System, March 9, 2009. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. E9–5366 Filed 3–11–09; 8:45 am] BILLING CODE 6210–01–S FEDERAL RETIREMENT THRIFT INVESTMENT BOARD Sunshine Act; Notice of Meeting TIME AND DATE: 10 a.m. (Eastern Time), March 16, 2009. PLACE: 4th Floor Conference Room, 1250 H Street, NW., Washington, DC 20005. STATUS: Parts will be open to the public and parts closed to the public. MATTERS TO BE CONSIDERED cprice-sewell on PRODPC61 with NOTICES Parts Open to the Public 1. Approval of the minutes of the February 17, 2009 Board member meeting. 2. Thrift Savings Plan activity report by the Executive Director. a. Monthly Participant Activity Report. VerDate Nov<24>2008 18:05 Mar 11, 2009 Jkt 217001 b. Investment Performance Report. c. Legislative Report. Parts Closed to the Public 3. Propriety Information. 4. Personnel. CONTACT PERSON FOR MORE INFORMATION: Thomas J. Trabucco, Director, Office of External Affairs, (202) 942–1640. Dated: March 9, 2009. Thomas K. Emswiler, Secretary, Federal Retirement Thrift Investment Board. [FR Doc. E9–5416 Filed 3–10–09; 11:15 am] BILLING CODE 6760–01–P DEPARTMENT OF HEALTH AND HUMAN SERVICES Office of the National Coordinator for Health Information Technology; HIT Standards Committee and HIT Policy Committee Nomination Letters ACTION: Notice on letters of nomination. SUMMARY: The American Recovery and Reinvestment Act of 2009 (Act), Public Law 111–5 amends the Public Health Service Act (PHSA) to add new sections 3002 and 3003. The new section 3003 of the PHSA establishes the HIT Standards Committee to make recommendations to the National Coordinator for Health Information Technology on standards, implementation specifications, and certification criteria for the electronic exchange and use of health information for purposes of health information technology adoption. The HIT Standards Committee members are to be appointed by the Secretary of the Department of Health and Human Services with the National Coordinator taking a leading role. Membership of the HIT Standards Committee should at least reflect the following categories of stakeholders and will include other individuals: providers, ancillary healthcare workers, consumers, purchasers, health plans, technology vendors, researchers, relevant Federal agencies, and individuals with technical expertise on health care quality, privacy and security, and on the electronic exchange and use of health information. In addition, we also seek nominations to the HIT Policy Committee (established by the new section 3002 of the PHSA), which makes recommendations to the National Coordinator on the implementation of a nationwide health information technology infrastructure. The HIT Policy Committee will consist of at least 20 members. Three of these members PO 00000 Frm 00040 Fmt 4703 Sfmt 4703 10743 will be appointed by the Secretary of the Department of Health and Human Services. Of the three members, one must be a representative of the Department of Health and Human Services and one must be a public health official. If, 45 days after the enactment of the Act, an official authorized under the Act to make appointments to the HIT Policy Committee has failed to make an appointment(s), the Act authorizes the Secretary of HHS to make such appointments. The Department of Health and Human Services is consequently accepting nominations for the HIT Policy Committee. New section 3008 of the PHSA allows the Secretary to recognize the NeHC (if modified to be consistent with the requirements of section 3002 and 3003 of the Act and other federal laws) as either the HIT Policy Committee or the HIT Standards Committee. At this time, the Department of Health and Human Services is evaluating options regarding the National eHealth Collaborative and its role in relation to those Committees. For appointments to either the HIT Standards Committee or the HIT Policy Committee, I am announcing the following: Letters of nomination and resumes should be submitted by March 16, 2009 to ensure adequate opportunity for review and consideration of nominees prior to appointment of members. ADDRESSES: Office of the National Coordinator, Department of Health and Human Services, 200 Independence Avenue, NW., Washington, DC 20201, Attention: Judith Sparrow, Room 729D. E-mail address: HIT_FACA_nominations@hhs.gov. Please indicate in your letter or e-mail to which Committee your nomination belongs. FOR FURTHER INFORMATION CONTACT: ONC/HHS, Judith Sparrow, (202) 205– 4528. Authority: The American Recovery and Reinvestment Act of 2009 (Pub. L. 111–5), section 13101. Dated: March 9, 2009. Robert M. Kolodner, National Coordinator for Health Information Technology, Office of the National Coordinator for Health Information Technology. [FR Doc. E9–5391 Filed 3–9–09; 4:15 pm] BILLING CODE 4150–45–P E:\FR\FM\12MRN1.SGM 12MRN1

Agencies

[Federal Register Volume 74, Number 47 (Thursday, March 12, 2009)]
[Notices]
[Pages 10742-10743]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-5366]


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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

[[Page 10743]]

indicated. The applications also will 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. Additional information 
on all bank holding companies may be obtained from the National 
Information Center website at www.ffiec.gov/nic/.
    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 April 6, 2009.
    A. Federal Reserve Bank of Richmond (A. Linwood Gill, III, Vice 
President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
    1. Premier Financial Bancorp, Inc., Huntington, West Virginia, to 
acquire 100 percent of the voting shares of Abigail Adams National 
Bancorp, Inc., and thereby indirectly acquire The Adams National Bank, 
both of Washington, D.C., and Consolidated Bank and Trust Company, 
Richmond, Virginia.
    Board of Governors of the Federal Reserve System, March 9, 2009.

Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. E9-5366 Filed 3-11-09; 8:45 am]
BILLING CODE 6210-01-S