Agency Information Collection Activities; Submission for OMB Review; Joint Comment Request, 24486-24489 [2011-10592]

Download as PDF 24486 Federal Register / Vol. 76, No. 84 / Monday, May 2, 2011 / Notices Additionally, the information is sometimes used by Commission staff to develop statistics about the demand for various wireless telecommunications licenses and about the performance of the licensing process itself, and on occasion for rule enforcement purposes. Federal Communications Commission. Gloria Miles, Federal Register Liaison, Office of the Secretary, Office of Managing Director. [FR Doc. 2011–10474 Filed 4–29–11; 8:45 am] BILLING CODE 6712–01–P FEDERAL COMMUNICATIONS COMMISSION [CC Docket No. 92–237; DA 11–745] Next Meeting of the North American Numbering Council Federal Communications Commission. ACTION: Notice. AGENCY: The Commission released a public notice announcing the meeting and agenda of the North American Numbering Council (NANC). The intended effect of this action is to make the public aware of the NANC’s next meeting and agenda. DATES: Tuesday, May 17, 2011, 9:30 a.m. ADDRESSES: Requests to make an oral statement or provide written comments to the NANC should be sent to Deborah Blue, Competition Policy Division, Wireline Competition Bureau, Federal Communications Commission, Portals II, 445 Twelfth Street, SW., Room 5– C162, Washington, DC 20554. FOR FURTHER INFORMATION CONTACT: Deborah Blue, Special Assistant to the Designated Federal Officer (DFO) at (202) 418–1466 or Deborah.Blue@fcc.gov. The fax number is: (202) 418–1413. The TTY number is: (202) 418–0484. SUPPLEMENTARY INFORMATION: This is a summary of the Commission’s document in CC Docket No. 92–237, DA 11–745 released April 26, 2011. The complete text in this document is available for public inspection and copying during normal business hours in the FCC Reference Information Center, Portals II, 445 12th Street, SW., Room CY–A257, Washington, DC 20554. The document may also be purchased from the Commission’s duplicating contractor, Best Copy and Printing, Inc., 445 12th Street, SW., Room CY–B402, Washington, DC 20554, telephone (800) 378–3160 or (202) 863–2893, facsimile (202) 863–2898, or via the Internet at http://www.bcpiweb.com. It is available mstockstill on DSKH9S0YB1PROD with NOTICES6 SUMMARY: VerDate Mar<15>2010 17:48 Apr 29, 2011 Jkt 223001 on the Commission’s Web site at http://www.fcc.gov. The North American Numbering Council (NANC) has scheduled a meeting to be held Tuesday, May 17, 2011, from 9:30 a.m. until 5 p.m. The meeting will be held at the Federal Communications Commission, Portals II, 445 Twelfth Street, SW., Room TW– C305, Washington, DC. This meeting is open to members of the general public. The FCC will attempt to accommodate as many participants as possible. The public may submit written statements to the NANC, which must be received two business days before the meeting. In addition, oral statements at the meeting by parties or entities not represented on the NANC will be permitted to the extent time permits. Such statements will be limited to five minutes in length by any one party or entity, and requests to make an oral statement must be received two business days before the meeting. People with Disabilities: To request materials in accessible formats for people with disabilities (braille, large print, electronic files, audio format), send an e-mail to fcc504@fcc.gov or call the Consumer and Governmental Affairs Bureau at 202–418–0530 (voice), 202–418–0432 (tty). Reasonable accommodations for people with disabilities are available upon request. Include a description of the accommodation you will need, including as much detail as you can. Also include a way we can contact you if we need more information. Please allow at least five days advance notice; last minute requests will be accepted, but may be impossible to fill. Proposed Agenda: Tuesday, May 17, 2011, 9:30 a.m.* 1. Announcements and Recent News. 2. Approval of Transcript—Meeting of March 9, 2011. 3. Report of the North American Numbering Plan Administrator (NANPA). 4. Report of the National Thousands Block Pooling Administrator (PA). 5. Report of the Numbering Oversight Working Group (NOWG). 6. Report of the North American Numbering Plan Billing and Collection (NANP B&C) Agent. 7. Report of the Billing and Collection Working Group (B&C WG). 8. Report of the North American Portability Management LLC (NAPM LLC). 9. Implementation of FCC Order on LNPA Selection Process. 10. Report of the Local Number Portability Administration (LNPA) Working Group. PO 00000 Frm 00030 Fmt 4703 Sfmt 4703 11. Status of the Industry Numbering Committee (INC) activities. 12. Report of the Future of Numbering Working Group (FoN WG). 13. Summary of Action Items. 14. Public Comments and Participation (5 minutes per speaker). 15. Other Business. Adjourn no later than 5 p.m. *The Agenda may be modified at the discretion of the NANC Chairman with the approval of the DFO. Federal Communications Commission. Deborah Blue, Program Analyst, Wireline Competition Bureau. [FR Doc. 2011–10606 Filed 4–29–11; 8:45 am] BILLING CODE 6712–01–P FEDERAL DEPOSIT INSURANCE CORPORATION DEPARTMENT OF THE TREASURY Office of Thrift Supervision Agency Information Collection Activities; Submission for OMB Review; Joint Comment Request Federal Deposit Insurance Corporation (FDIC) and Office of Thrift Supervision (OTS), Treasury. ACTION: Notice. AGENCIES: In accordance with the requirements of the Paperwork Reduction Act (PRA) of 1995 (44 U.S.C. chapter 35), the FDIC and the OTS (the ‘‘agencies’’) may not conduct or sponsor, and the respondent is not required to respond to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. On February 8, 2011, the agencies requested public comment for 60 days on their proposal to require savings associations currently filing data through the Branch Office Survey System (BOS) with the OTS to convert to filing data through the Summary of Deposits Survey (SOD) with the FDIC (76 FR 7087). The BOS and the SOD are currently approved collections of information. One comment letter was received on the proposal. After considering the comment received on the proposal, the agencies hereby give notice of their plan to proceed with the reporting changes proposed and will submit the proposal to OMB for review and approval. DATES: Comments must be submitted on or before June 1, 2011. ADDRESSES: Interested parties are invited to submit written comments to either or both of the agencies. All SUMMARY: E:\FR\FM\02MYN1.SGM 02MYN1 mstockstill on DSKH9S0YB1PROD with NOTICES6 Federal Register / Vol. 76, No. 84 / Monday, May 2, 2011 / Notices comments, which should refer to the OMB control number(s), will be shared between the agencies. FDIC: You may submit comments, which should refer to ‘‘Summary of Deposits Survey, 3064–0061,’’ by any of the following methods: • Agency Web Site: http:// www.fdic.gov/regulations/laws/federal/ propose.html. Follow the instructions for submitting comments on the FDIC Web site. • Federal eRulemaking Portal: http:// www.regulations.gov. Follow the instructions for submitting comments. • E-mail: comments@FDIC.gov. Include ‘‘Summary of Deposits Survey, 3064–0061’’ in the subject line of the message. • Mail: Gary A. Kuiper, (202) 898– 3877, Counsel, Attn: Comments, Room F–1086, Federal Deposit Insurance Corporation, 550 17th Street, NW., Washington, DC 20429. • Hand Delivery: Comments may be hand delivered to the guard station at the rear of the 550 17th Street Building (located on F Street) on business days between 7 a.m. and 5 p.m. Public Inspection: All comments received will be posted without change to http://www.fdic.gov/regulations/laws/ federal/propose.html including any personal information provided. Comments may be inspected at the FDIC Public Information Center, Room E– 1002, 3501 Fairfax Drive, Arlington, VA 22226, between 9 a.m. and 5 p.m. on business days. OTS: You may submit comments, identified by ‘‘1550–0004 (Branch Office Survey System),’’ by any of the following methods: • Federal eRulemaking Portal: http:// www.regulations.gov. Follow the instructions for submitting comments. • E-mail address: infocollection.comments@ots.treas.gov. Please include ‘‘1550–0004 (Branch Office Survey System)’’ in the subject line of the message and include your name and telephone number in the message. • Fax: (202) 906–6518. • Mail: Information Collection Comments, Chief Counsel’s Office, Office of Thrift Supervision, 1700 G Street, NW., Washington, DC 20552, Attention: ‘‘1550–0004 (Branch Office Survey System).’’ • Hand Delivery/Courier: Guard’s Desk, East Lobby Entrance, 1700 G Street, NW., from 9 a.m. to 4 p.m. on business days, Attention: Information Collection Comments, Chief Counsel’s Office, Attention: ‘‘1550–0004 (Branch Office Survey System).’’ Instructions: All submissions received must include the agency name and OMB VerDate Mar<15>2010 17:48 Apr 29, 2011 Jkt 223001 Control Number (1550–0004) for this information collection. All comments received will be posted without change to the OTS Internet Site at http:// www.ots.treas.gov/ pagehtml.cfm?catNumber=67&an=1, including any personal information provided. Docket: For access to the docket to read background documents or comments received, go to http:// www.ots.treas.gov/ pagehtml.cfm?catNumber=67&an=1. In addition, you may inspect comments at the Public Reading Room, 1700 G Street, NW., by appointment. To make an appointment for access, call (202) 906–5922, send an e-mail to public.info@ots.treas.gov, or send a facsimile transmission to (202) 906– 7755. (Prior notice identifying the materials you will be requesting will assist us in serving you.) We schedule appointments on business days between 10 a.m. and 4 p.m. In most cases, appointments will be available the next business day following the date we receive a request. Additionally, commenters may send a copy of their comments to the OMB desk officer for the agencies by mail to the Office of Information and Regulatory Affairs, U.S. Office of Management and Budget, New Executive Office Building, Room 10235, 725 17th Street, NW., Washington, DC 20503, or by fax to (202) 395–6974. FOR FURTHER INFORMATION CONTACT: For further information about the revisions discussed in this notice, please contact either of the agency clearance officers whose names appear below. In addition, copies of the reporting forms and instructions for the SOD can be obtained at the FDIC Web site (http:// www2.fdic.gov/sod/). Copies of the reporting forms and instructions for the BOS can be obtained at the OTS Web site (http://www.ots.treas.gov/ ?p=BranchOfficeSurvey). FDIC: Gary A. Kuiper, Counsel, (202) 898–3877, Legal Division, Federal Deposit Insurance Corporation, 550 17th Street, NW., Washington, DC 20429. OTS: Ira L. Mills, OTS Clearance Officer, at Ira.Mills@ots.treas.gov, (202) 906–6531, or facsimile number (202) 906–6518, Regulations and Legislation Division, Chief Counsel’s Office, Office of Thrift Supervision, 1700 G Street, NW., Washington, DC 20552. SUPPLEMENTARY INFORMATION: The agencies are proposing to standardize the yearly collection of branch information among all FDIC-insured entities. To accomplish this goal, the agencies are proposing to cease collection of branching and deposit data PO 00000 Frm 00031 Fmt 4703 Sfmt 4703 24487 from OTS-regulated savings associations through the BOS and require this data be filed through the SOD. The SOD is currently the data collection facility used by all other FDIC-insured entities. The SOD and the BOS are currently approved collections of information for each agency. 1. Report Title: Summary of Deposits Survey (SOD). Form Number: 8020/05. Frequency of Response: Annually. Affected Public: Business or other forprofit. FDIC OMB Number: 3064–0061. Current: Estimated Number of Respondents: 6,000 insured commercial banks and state-chartered savings banks. Estimated Time per Response: 3 burden hours. Estimated Total Annual Burden: 18,000 burden hours. Proposed: Estimated Number of Respondents: 6,535 insured commercial banks, statechartered savings banks, and savings associations. Estimated Time per Response: 3 burden hours. Estimated Total Annual Burden: 19,605 burden hours. The current annual burden for the SOD is estimated to be 18,000 hours. Approximately 6,000 institutions spend an average of three hours to prepare the SOD. It is estimated that some institutions with only two or three branches will take 15 minutes to complete the survey while larger banks usually have the branch information in their system for easy retrieval to complete the SOD form. As discussed in more detail later in this notice, there are differences in the panel of institutions required to report data through the SOD and those required to report data through the BOS. In summary, single-office institutions are not required to file the SOD, but are required to file the BOS. OTS estimates there are approximately 180 singleoffice savings associations that are currently required to file data through the BOS but would not be required to file data through the SOD. Another difference in the panel of institutions required to file through the BOS compared to through the SOD are trust-only institutions. All trust-only savings associations are exempt from filing data through the BOS. However, trust-only institutions with more than one office location would be required to file data through the SOD. There is one trust-only savings association with more than one office location and, hence, this E:\FR\FM\02MYN1.SGM 02MYN1 24488 Federal Register / Vol. 76, No. 84 / Monday, May 2, 2011 / Notices institution would be required to file through the SOD. Given these changes in the panel of required filers, the proposed burden estimates above for filing through the SOD reflect a net reduction of 180 savings associations from the total 715 OTS-regulated savings associations required to file through the BOS. 2. Report Title: Branch Office Survey System (BOS). Form Number: OTS 248 (for savings associations). Frequency of Response: Annually. Affected Public: Business or other forprofit. also provide branch deposit data necessary for evaluating institutions’ corporate applications, for identifying areas of focus for on-site and off-site examinations, and for monetary and other public policy purposes. In addition, SOD data are used to measure the host state loan-to-deposit ratios used to determine compliance with section 109 of the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994, which generally prohibits a bank from establishing or acquiring a branch or branches outside its home state primarily for the purpose of deposit production. OTS Effect of Recent Legislation The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, Public Law 111–203 (the Dodd-Frank Act) was enacted into law on July 21, 2010. Title III of the Dodd-Frank Act abolishes the OTS, provides for its integration with the Office of the Comptroller of the Currency (OCC) effective as of July 21, 2011 (the ‘‘transfer date’’), and transfers its functions to the OCC, the Board of Governors of the Federal Reserve System (Board), and the FDIC. Under Title III of the Dodd-Frank Act, all functions of the OTS relating to federal savings associations and rulemaking authority for all savings associations are transferred to the OCC. All functions of the OTS relating to state-chartered savings associations (other than rulemaking) are transferred to the FDIC. All functions of the OTS relating to supervision of savings and loan holding companies (including rulemaking) are transferred to the Board. After careful review, the agencies believe having common financial reports and reporting processes among all FDIC-insured institutions is more efficient and will lead to more uniform comparisons of financial condition, performance, and trends. For these reasons, the OTS is proposing to eliminate the BOS data collection process used by OTS-regulated savings associations and require these entities to file this information using the SOD processes and systems. This proposal would standardize the reporting routines and processes required of all FDIC-insured entities for branch office data through the SOD. OMB Number: 1550–0004. Current: Estimated Number of Respondents: 715 savings associations. Estimated Time per Response: 3 burden hours. Estimated Total Annual Burden: 2,145 burden hours. Proposed: Estimated Number of Respondents: Not applicable. Estimated Time per Response: Not applicable. Estimated Total Annual Burden: Not applicable. The burden estimates above for filing through the BOS reflect a reduction for the 16 trust-only savings associations that would not be required to file through the BOS from the total population of 731 OTS-regulated savings associations. General Description of Reports mstockstill on DSKH9S0YB1PROD with NOTICES6 These information collections are mandatory. The FDIC is authorized to collect these data under section 9 (Eighth) of the Federal Deposit Insurance Act (12 U.S.C. 1819), which gives the FDIC the power to require information and reports from banks to carry out its statutory responsibilities regarding bank supervision. The survey has been conducted on a yearly basis since 1972. OTS is authorized to collect this data under Sections 3(b)(2) and 4(a)(2) of the Home Owners’ Loan Act (12 U.S.C. 1462a(b)(2) and 1463(a)(2)). All data collected through the BOS and the SOD submissions are available to the public. Abstract Institutions submit SOD and BOS data to the agencies annually for the agencies’ use in monitoring branching activity, reviewing changes in levels of deposits at branches, and in evaluating changes in market share of deposits by location. SOD and BOS submissions VerDate Mar<15>2010 17:48 Apr 29, 2011 Jkt 223001 Current Actions On February 8, 2011, the agencies requested public comment (76 FR 7087) on their proposal to implement changes to savings associations’ branch office reporting requirements effective June 30, 2011. These changes are intended to provide a consistent data collection PO 00000 Frm 00032 Fmt 4703 Sfmt 4703 needed for reasons of safety and soundness or other public purposes. The proposed changes would require OTS-regulated savings associations to cease filing through the BOS and commence filing through the SOD, thus standardizing the yearly collection of branch office information, including deposit data, between OTS-regulated savings associations and all other FDICinsured entities. The agencies collectively received one comment from a bankers’ association. The bankers’ association did not object to the proposed change taking effect in 2011, but indicated that the ‘‘FDIC and OTS should be flexible with institutions who have limited resources and/or complex reports.’’ In particular, the commenter mentioned that thrifts had a longer filing period to file the BOS data than the FDIC gives SOD filers. In response to this concern, the FDIC will grant, for the 2011 SOD cycle only, an additional fifteen days for thrifts to submit their SOD data to the FDIC. All thrifts will be expected to file the 2011 SOD no later than August 15, 2011. In future years, a July 31 deadline will apply to all filers. In summary, after considering the comment received on the proposal, the agencies plan to proceed with the reporting changes proposed, with the provision for an additional fifteen days for thrifts to file the SOD in 2011 only, and will submit the proposal to OMB for review and approval. Thus, savings associations would commence filing the SOD as of the June 30, 2011, report date. Request for Comment Public comment is requested on all aspects of this joint notice. Comments are invited on: (a) Whether the proposed revisions to the collections of information that are the subject of this notice are necessary for the proper performance of the agencies’ functions, including whether the information has practical utility; (b) The accuracy of the agencies’ estimates of the burden of the information collections as they are proposed to be revised, including the validity of the methodology and assumptions used; (c) Ways to enhance the quality, utility, and clarity of the information to be collected; (d) Ways to minimize the burden of information collections 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. E:\FR\FM\02MYN1.SGM 02MYN1 Federal Register / Vol. 76, No. 84 / Monday, May 2, 2011 / Notices Control Act (12 U.S.C. 1817(j)) and § 225.41 of the Board’s Regulation Y (12 CFR 225.41) to acquire shares of a bank or bank holding company. The factors that are considered in acting on the Dated at Washington, DC, this 26th day of notices are set forth in paragraph 7 of April 2011. the Act (12 U.S.C. 1817(j)(7)). Federal Deposit Insurance Corporation. The notices are available for Robert E. Feldman, immediate inspection at the Federal Executive Secretary. Reserve Bank indicated. The notices Dated: April 26, 2011. also will be available for inspection at Vicki Hawkins-Jones, the offices of the Board of Governors. Acting Deputy Chief Counsel, Office of Chief Interested persons may express their Counsel, Office of Thrift Supervision. views in writing to the Reserve Bank [FR Doc. 2011–10592 Filed 4–29–11; 8:45 am] indicated for that notice or to the offices BILLING CODE 6714–01–P; 6720–01–P of the Board of Governors. Comments must be received not later than May 17, 2011. A. Federal Reserve Bank of FEDERAL ELECTION COMMISSION Minneapolis (Jacqueline G. King, Sunshine Act Notice Community Affairs Officer) 90 Hennepin Avenue, Minneapolis, AGENCY: Federal Election Commission Minnesota 55480–0291: DATE AND TIME: Thursday, May 5, 2011 1. Brian P. Short, St. Paul, Minnesota; at 10 a.m. Carolyn P. Short, Flourtown, PLACE: 999 E Street, NW., Washington, Pennsylvania; and Marianne D. Short, DC (Ninth Floor). St. Paul, Minnesota; individually and as STATUS: This meeting will be open to the trustees of fourteen Short family trusts, public. and Kevin J. Short, Mahtomedi, ITEMS TO BE DISCUSSED: Correction and Minnesota; Elizabeth J. Short, Approval of the Minutes for the Meeting University Heights, Ohio; Colleen V. of April 7, 2011. Short, Edina, Minnesota, on behalf of Proposed Final Audit Report on the one or more of seventeen Short family Service Employees International Union. trusts to join the Short Family Group; to Committee on Political Education retain voting shares of 215 Holding (SEIU COPE) (A09–28). Company, Minneapolis, Minnesota, and Audit Division Recommendation thereby indirectly retain voting shares of Memorandum on Freedom’s Defense First Farmers & Merchants National Fund (FDF) (A09–21). Bank, Luverne, Minnesota; First Policy regarding Disclosure of Farmers & Merchants National Bank, Documents and Information in the Fairmont, Minnesota; First Farmers & Enforcement Process. Merchants State Bank, Brownsdale, Management and Administrative Minnesota; First Farmers & Merchants Matters. State Bank, Grand Meadow, Minnesota; Individuals who plan to attend and First Farmers & Merchants National require special assistance, such as sign Bank, Le Sueur, Minnesota; and White language interpretation or other Rock Bank, Cannon Falls, Minnesota. reasonable accommodations, should Board of Governors of the Federal Reserve contact Shawn Woodhead Werth, System, April 27, 2011. Commission Secretary and Clerk, at Robert deV. Frierson, (202) 694–1040, at least 72 hours prior Deputy Secretary of the Board. to the hearing date. [FR Doc. 2011–10530 Filed 4–29–11; 8:45 am] PERSON TO CONTACT FOR INFORMATION: Judith Ingram, Press Officer, Telephone: BILLING CODE 6210–01–P (202) 694–1220. Comments submitted in response to this joint notice will be shared between the agencies. All comments will become a matter of public record. 24489 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 application 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. 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 May 27, 2011. A. Federal Reserve Bank of Richmond (Adam M. Drimer, Assistant Vice President) 701 East Byrd Street, Richmond, Virginia 23261–4528: 1. Piedmont Community Bank Holdings, Inc., Raleigh, North Carolina; to acquire at least 66 percent of the voting shares of Crescent Financial Corporation, and thereby indirectly acquire voting shares of Crescent State Bank, both in Cary, North Carolina. B. Federal Reserve Bank of Atlanta (Clifford Stanford, Vice President) 1000 Peachtree Street, N.E., Atlanta, Georgia 30309: 1. Teche Holding Company, MRP, L.L.C., Patrick Little, L.L.C., and Ross Little, Jr., L.L.C., all of New Iberia, Louisiana; to become bank holding companies by acquiring 100 percent of the voting shares of Teche Holding Company, and thereby acquire shares of Teche Federal Bank, all of New Iberia, Louisiana, upon its conversion to a bank. Shawn Woodhead Werth, Secretary and Clerk of the Commission. FEDERAL RESERVE SYSTEM [FR Doc. 2011–10767 Filed 4–28–11; 4:15 pm] Formations of, Acquisitions by, and Mergers of Bank Holding Companies Board of Governors of the Federal Reserve System, April 27, 2011. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. 2011–10531 Filed 4–29–11; 8:45 am] mstockstill on DSKH9S0YB1PROD with NOTICES6 BILLING CODE 6715–01–P FEDERAL RESERVE SYSTEM Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company The notificants listed below have applied under the Change in Bank VerDate Mar<15>2010 17:48 Apr 29, 2011 Jkt 223001 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 PO 00000 Frm 00033 Fmt 4703 Sfmt 4703 BILLING CODE 6210–01–P OFFICE OF GOVERNMENT ETHICS Privacy Act of 1974; Amendment to System of Records AGENCY: Office of Government Ethics (OGE). E:\FR\FM\02MYN1.SGM 02MYN1

Agencies

[Federal Register Volume 76, Number 84 (Monday, May 2, 2011)]
[Notices]
[Pages 24486-24489]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-10592]


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FEDERAL DEPOSIT INSURANCE CORPORATION

DEPARTMENT OF THE TREASURY

Office of Thrift Supervision


Agency Information Collection Activities; Submission for OMB 
Review; Joint Comment Request

AGENCIES: Federal Deposit Insurance Corporation (FDIC) and Office of 
Thrift Supervision (OTS), Treasury.

ACTION: Notice.

-----------------------------------------------------------------------

SUMMARY: In accordance with the requirements of the Paperwork Reduction 
Act (PRA) of 1995 (44 U.S.C. chapter 35), the FDIC and the OTS (the 
``agencies'') may not conduct or sponsor, and the respondent is not 
required to respond to, an information collection unless it displays a 
currently valid Office of Management and Budget (OMB) control number. 
On February 8, 2011, the agencies requested public comment for 60 days 
on their proposal to require savings associations currently filing data 
through the Branch Office Survey System (BOS) with the OTS to convert 
to filing data through the Summary of Deposits Survey (SOD) with the 
FDIC (76 FR 7087). The BOS and the SOD are currently approved 
collections of information. One comment letter was received on the 
proposal. After considering the comment received on the proposal, the 
agencies hereby give notice of their plan to proceed with the reporting 
changes proposed and will submit the proposal to OMB for review and 
approval.

DATES: Comments must be submitted on or before June 1, 2011.

ADDRESSES: Interested parties are invited to submit written comments to 
either or both of the agencies. All

[[Page 24487]]

comments, which should refer to the OMB control number(s), will be 
shared between the agencies.
    FDIC: You may submit comments, which should refer to ``Summary of 
Deposits Survey, 3064-0061,'' by any of the following methods:
     Agency Web Site: http://www.fdic.gov/regulations/laws/federal/propose.html. Follow the instructions for submitting comments 
on the FDIC Web site.
     Federal eRulemaking Portal: http://www.regulations.gov. 
Follow the instructions for submitting comments.
     E-mail: comments@FDIC.gov. Include ``Summary of Deposits 
Survey, 3064-0061'' in the subject line of the message.
     Mail: Gary A. Kuiper, (202) 898-3877, Counsel, Attn: 
Comments, Room F-1086, Federal Deposit Insurance Corporation, 550 17th 
Street, NW., Washington, DC 20429.
     Hand Delivery: Comments may be hand delivered to the guard 
station at the rear of the 550 17th Street Building (located on F 
Street) on business days between 7 a.m. and 5 p.m.
    Public Inspection: All comments received will be posted without 
change to http://www.fdic.gov/regulations/laws/federal/propose.html 
including any personal information provided. Comments may be inspected 
at the FDIC Public Information Center, Room E-1002, 3501 Fairfax Drive, 
Arlington, VA 22226, between 9 a.m. and 5 p.m. on business days.
    OTS: You may submit comments, identified by ``1550-0004 (Branch 
Office Survey System),'' by any of the following methods:
     Federal eRulemaking Portal: http://www.regulations.gov. 
Follow the instructions for submitting comments.
     E-mail address: infocollection.comments@ots.treas.gov. 
Please include ``1550-0004 (Branch Office Survey System)'' in the 
subject line of the message and include your name and telephone number 
in the message.
     Fax: (202) 906-6518.
     Mail: Information Collection Comments, Chief Counsel's 
Office, Office of Thrift Supervision, 1700 G Street, NW., Washington, 
DC 20552, Attention: ``1550-0004 (Branch Office Survey System).''
     Hand Delivery/Courier: Guard's Desk, East Lobby Entrance, 
1700 G Street, NW., from 9 a.m. to 4 p.m. on business days, Attention: 
Information Collection Comments, Chief Counsel's Office, Attention: 
``1550-0004 (Branch Office Survey System).''
    Instructions: All submissions received must include the agency name 
and OMB Control Number (1550-0004) for this information collection. All 
comments received will be posted without change to the OTS Internet 
Site at http://www.ots.treas.gov/pagehtml.cfm?catNumber=67&an=1, 
including any personal information provided.
    Docket: For access to the docket to read background documents or 
comments received, go to http://www.ots.treas.gov/pagehtml.cfm?catNumber=67&an=1.
    In addition, you may inspect comments at the Public Reading Room, 
1700 G Street, NW., by appointment. To make an appointment for access, 
call (202) 906-5922, send an e-mail to public.info@ots.treas.gov">public.info@ots.treas.gov, or 
send a facsimile transmission to (202) 906-7755. (Prior notice 
identifying the materials you will be requesting will assist us in 
serving you.) We schedule appointments on business days between 10 a.m. 
and 4 p.m. In most cases, appointments will be available the next 
business day following the date we receive a request.
    Additionally, commenters may send a copy of their comments to the 
OMB desk officer for the agencies by mail to the Office of Information 
and Regulatory Affairs, U.S. Office of Management and Budget, New 
Executive Office Building, Room 10235, 725 17th Street, NW., 
Washington, DC 20503, or by fax to (202) 395-6974.

FOR FURTHER INFORMATION CONTACT: For further information about the 
revisions discussed in this notice, please contact either of the agency 
clearance officers whose names appear below.
    In addition, copies of the reporting forms and instructions for the 
SOD can be obtained at the FDIC Web site (http://www2.fdic.gov/sod/). 
Copies of the reporting forms and instructions for the BOS can be 
obtained at the OTS Web site (http://www.ots.treas.gov/?p=BranchOfficeSurvey).
    FDIC: Gary A. Kuiper, Counsel, (202) 898-3877, Legal Division, 
Federal Deposit Insurance Corporation, 550 17th Street, NW., 
Washington, DC 20429.
    OTS: Ira L. Mills, OTS Clearance Officer, at 
Ira.Mills@ots.treas.gov, (202) 906-6531, or facsimile number (202) 906-
6518, Regulations and Legislation Division, Chief Counsel's Office, 
Office of Thrift Supervision, 1700 G Street, NW., Washington, DC 20552.

SUPPLEMENTARY INFORMATION: The agencies are proposing to standardize 
the yearly collection of branch information among all FDIC-insured 
entities. To accomplish this goal, the agencies are proposing to cease 
collection of branching and deposit data from OTS-regulated savings 
associations through the BOS and require this data be filed through the 
SOD. The SOD is currently the data collection facility used by all 
other FDIC-insured entities. The SOD and the BOS are currently approved 
collections of information for each agency.
    1. Report Title: Summary of Deposits Survey (SOD).
    Form Number: 8020/05.
    Frequency of Response: Annually.
    Affected Public: Business or other for-profit.

FDIC

    OMB Number: 3064-0061.
    Current:
     Estimated Number of Respondents: 6,000 insured commercial banks 
and state-chartered savings banks.
     Estimated Time per Response: 3 burden hours.
     Estimated Total Annual Burden: 18,000 burden hours.
    Proposed:
     Estimated Number of Respondents: 6,535 insured commercial banks, 
state-chartered savings banks, and savings associations.
     Estimated Time per Response: 3 burden hours.
     Estimated Total Annual Burden: 19,605 burden hours.
    The current annual burden for the SOD is estimated to be 18,000 
hours. Approximately 6,000 institutions spend an average of three hours 
to prepare the SOD. It is estimated that some institutions with only 
two or three branches will take 15 minutes to complete the survey while 
larger banks usually have the branch information in their system for 
easy retrieval to complete the SOD form.
    As discussed in more detail later in this notice, there are 
differences in the panel of institutions required to report data 
through the SOD and those required to report data through the BOS. In 
summary, single-office institutions are not required to file the SOD, 
but are required to file the BOS. OTS estimates there are approximately 
180 single-office savings associations that are currently required to 
file data through the BOS but would not be required to file data 
through the SOD.
    Another difference in the panel of institutions required to file 
through the BOS compared to through the SOD are trust-only 
institutions. All trust-only savings associations are exempt from 
filing data through the BOS. However, trust-only institutions with more 
than one office location would be required to file data through the 
SOD. There is one trust-only savings association with more than one 
office location and, hence, this

[[Page 24488]]

institution would be required to file through the SOD. Given these 
changes in the panel of required filers, the proposed burden estimates 
above for filing through the SOD reflect a net reduction of 180 savings 
associations from the total 715 OTS-regulated savings associations 
required to file through the BOS.
    2. Report Title: Branch Office Survey System (BOS).
    Form Number: OTS 248 (for savings associations).
    Frequency of Response: Annually.
    Affected Public: Business or other for-profit.

OTS

    OMB Number: 1550-0004.
    Current:
     Estimated Number of Respondents: 715 savings associations.
     Estimated Time per Response: 3 burden hours.
     Estimated Total Annual Burden: 2,145 burden hours.
    Proposed:
     Estimated Number of Respondents: Not applicable.
     Estimated Time per Response: Not applicable.
     Estimated Total Annual Burden: Not applicable.
    The burden estimates above for filing through the BOS reflect a 
reduction for the 16 trust-only savings associations that would not be 
required to file through the BOS from the total population of 731 OTS-
regulated savings associations.

General Description of Reports

    These information collections are mandatory. The FDIC is authorized 
to collect these data under section 9 (Eighth) of the Federal Deposit 
Insurance Act (12 U.S.C. 1819), which gives the FDIC the power to 
require information and reports from banks to carry out its statutory 
responsibilities regarding bank supervision. The survey has been 
conducted on a yearly basis since 1972.
    OTS is authorized to collect this data under Sections 3(b)(2) and 
4(a)(2) of the Home Owners' Loan Act (12 U.S.C. 1462a(b)(2) and 
1463(a)(2)).
    All data collected through the BOS and the SOD submissions are 
available to the public.

Abstract

    Institutions submit SOD and BOS data to the agencies annually for 
the agencies' use in monitoring branching activity, reviewing changes 
in levels of deposits at branches, and in evaluating changes in market 
share of deposits by location. SOD and BOS submissions also provide 
branch deposit data necessary for evaluating institutions' corporate 
applications, for identifying areas of focus for on-site and off-site 
examinations, and for monetary and other public policy purposes. In 
addition, SOD data are used to measure the host state loan-to-deposit 
ratios used to determine compliance with section 109 of the Riegle-Neal 
Interstate Banking and Branching Efficiency Act of 1994, which 
generally prohibits a bank from establishing or acquiring a branch or 
branches outside its home state primarily for the purpose of deposit 
production.

Effect of Recent Legislation

    The Dodd-Frank Wall Street Reform and Consumer Protection Act of 
2010, Public Law 111-203 (the Dodd-Frank Act) was enacted into law on 
July 21, 2010. Title III of the Dodd-Frank Act abolishes the OTS, 
provides for its integration with the Office of the Comptroller of the 
Currency (OCC) effective as of July 21, 2011 (the ``transfer date''), 
and transfers its functions to the OCC, the Board of Governors of the 
Federal Reserve System (Board), and the FDIC.
    Under Title III of the Dodd-Frank Act, all functions of the OTS 
relating to federal savings associations and rulemaking authority for 
all savings associations are transferred to the OCC. All functions of 
the OTS relating to state-chartered savings associations (other than 
rulemaking) are transferred to the FDIC. All functions of the OTS 
relating to supervision of savings and loan holding companies 
(including rulemaking) are transferred to the Board.
    After careful review, the agencies believe having common financial 
reports and reporting processes among all FDIC-insured institutions is 
more efficient and will lead to more uniform comparisons of financial 
condition, performance, and trends. For these reasons, the OTS is 
proposing to eliminate the BOS data collection process used by OTS-
regulated savings associations and require these entities to file this 
information using the SOD processes and systems. This proposal would 
standardize the reporting routines and processes required of all FDIC-
insured entities for branch office data through the SOD.

Current Actions

    On February 8, 2011, the agencies requested public comment (76 FR 
7087) on their proposal to implement changes to savings associations' 
branch office reporting requirements effective June 30, 2011. These 
changes are intended to provide a consistent data collection needed for 
reasons of safety and soundness or other public purposes. The proposed 
changes would require OTS-regulated savings associations to cease 
filing through the BOS and commence filing through the SOD, thus 
standardizing the yearly collection of branch office information, 
including deposit data, between OTS-regulated savings associations and 
all other FDIC-insured entities.
    The agencies collectively received one comment from a bankers' 
association. The bankers' association did not object to the proposed 
change taking effect in 2011, but indicated that the ``FDIC and OTS 
should be flexible with institutions who have limited resources and/or 
complex reports.'' In particular, the commenter mentioned that thrifts 
had a longer filing period to file the BOS data than the FDIC gives SOD 
filers. In response to this concern, the FDIC will grant, for the 2011 
SOD cycle only, an additional fifteen days for thrifts to submit their 
SOD data to the FDIC. All thrifts will be expected to file the 2011 SOD 
no later than August 15, 2011. In future years, a July 31 deadline will 
apply to all filers. In summary, after considering the comment received 
on the proposal, the agencies plan to proceed with the reporting 
changes proposed, with the provision for an additional fifteen days for 
thrifts to file the SOD in 2011 only, and will submit the proposal to 
OMB for review and approval. Thus, savings associations would commence 
filing the SOD as of the June 30, 2011, report date.

Request for Comment

    Public comment is requested on all aspects of this joint notice. 
Comments are invited on:
    (a) Whether the proposed revisions to the collections of 
information that are the subject of this notice are necessary for the 
proper performance of the agencies' functions, including whether the 
information has practical utility;
    (b) The accuracy of the agencies' estimates of the burden of the 
information collections as they are proposed to be revised, including 
the validity of the methodology and assumptions used;
    (c) Ways to enhance the quality, utility, and clarity of the 
information to be collected;
    (d) Ways to minimize the burden of information collections 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.

[[Page 24489]]

    Comments submitted in response to this joint notice will be shared 
between the agencies. All comments will become a matter of public 
record.

    Dated at Washington, DC, this 26th day of April 2011.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
    Dated: April 26, 2011.
Vicki Hawkins-Jones,
Acting Deputy Chief Counsel, Office of Chief Counsel, Office of Thrift 
Supervision.
[FR Doc. 2011-10592 Filed 4-29-11; 8:45 am]
BILLING CODE 6714-01-P; 6720-01-P