Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company, 14368 [2012-5756]

Download as PDF srobinson on DSK4SPTVN1PROD with NOTICES 14368 Federal Register / Vol. 77, No. 47 / Friday, March 9, 2012 / Notices markets; (4) understanding flows of banking funds and indebtedness of developing countries in connection with data collected by the International Monetary Fund and the Bank for International Settlements that are used in economic analysis; and (5) assisting in the supervision of U.S. offices of foreign banks. The Federal Reserve System collects and processes these reports on behalf of all three agencies. Current Actions: The agencies proposed to implement a limited number of revisions to the FFIEC 002 reporting requirements in 2012. These changes are intended to provide data needed for reasons of safety and soundness and other public purposes. The proposed changes would also help achieve consistency with revisions the agencies are proposing to make to the Call Report filed by insured banks and savings institutions. The FFIEC 002 reporting changes in the agencies’ November 2011 proposal, which were proposed for implementation in June 2012, included: • A new item on Schedule RAL, for ‘‘other securities’’ held for trading purposes (new Schedule RAL, item 1.f.(4)). Current Schedule RAL, item 1.f.(4), Other trading assets, would be renumbered as item 1.f.(5) and would be defined to exclude all securities held for trading; and • A new Schedule U, Loan Origination Activity, in which institutions with total assets of $300 million or more would report, separately for several loan categories, the quarter-end amount of loans reported in Schedule C, Loans and Lease Financing Receivables, that was originated during the quarter, and institutions with total assets of $1 billion or more would also report for these loan categories the portions of the quarter-end amount of loans originated during the quarter that were (a) originated under a newly established loan commitment and (b) not originated under a loan commitment. Further details concerning the preceding proposed FFIEC 002 reporting changes may be found in Sections A and B of the agencies’ November 2011 Federal Register notice.1 Although no comments were received on the November 2011 Federal Register notice for the FFIEC 002, the agencies did collectively receive comments on their November 2011 Call Report Federal Register notice 2 from eight entities: Four banking organizations, two bankers’ associations, a commercial lending software company, and a news 1 See 76 FR 72411–72412, November 23, 2011. 2 See 76 FR 72035, November 21, 2011. VerDate Mar<15>2010 16:21 Mar 08, 2012 Jkt 226001 organization. All eight entities commented on the proposed new Call Report Schedule RC–U, Loan Origination Activity (in Domestic Offices), which is comparable to but more detailed than proposed FFIEC 002 Schedule U. The FFIEC and the agencies are proceeding with the revision proposed to Schedule RAL for implementation as of the June 30, 2012, report date. With respect to the new schedule for selected loan origination data proposed for implementation as of June 30, 2012, the FFIEC and the agencies are continuing to evaluate this proposed schedule in light of the comments received. When the FFIEC and the agencies have decided whether and how to proceed with this proposed new schedule, a separate Federal Register notice will be published and, if applicable, a submission by the Board will be made to OMB. Because of the additional time necessary for the FFIEC and the agencies to determine the outcome of the proposed new FFIEC 002 Schedule U and to allow sufficient lead time for affected institutions to prepare for any resulting new reporting requirements, the collection of selected loan origination data would not take effect before the September 30, 2012, report date. Request for Comment Comments are invited on: a. Whether the information collections 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, 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. Comments submitted in response to this notice will be shared among the agencies. All comments will become a matter of public record. PO 00000 Frm 00030 Fmt 4703 Sfmt 9990 Board of Governors of the Federal Reserve System, March 5, 2012. Jennifer J. Johnson, Secretary of the Board. [FR Doc. 2012–5714 Filed 3–8–12; 8:45 am] BILLING CODE 6210–01–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 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 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 offices 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 March 26, 2012. A. Federal Reserve Bank of Atlanta (Chapelle Davis, Assistant Vice President) 1000 Peachtree Street NE., Atlanta, Georgia 30309: 1. Bixby Bridge Financial, LP and David D. Colburn, as general partner, both of Northbrook, Illinois; to collectively acquire voting shares of PCNB Bancshares, Inc., and thereby indirectly acquire voting shares of Peoples Community Bank, both in Bremen, Georgia. B. Federal Reserve Bank of Dallas (E. Ann Worthy, Vice President) 2200 North Pearl Street, Dallas, Texas 75201– 2272: 1. Mary Ann Haywood, Bayton, Texas; to become Trustee of the Mary Louise Greak Estate, and acquire control of First Liberty National Bancshares, Inc., and thereby indirectly acquire control of First Liberty National Bank, both in Liberty, Texas. Board of Governors of the Federal Reserve System, March 6, 2012. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. 2012–5756 Filed 3–8–12; 8:45 am] BILLING CODE 6210–01–P E:\FR\FM\09MRN1.SGM 09MRN1

Agencies

[Federal Register Volume 77, Number 47 (Friday, March 9, 2012)]
[Notices]
[Page 14368]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-5756]


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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 
Control Act (12 U.S.C. 1817(j)) and Sec.  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 
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 offices 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 March 26, 2012.
    A. Federal Reserve Bank of Atlanta (Chapelle Davis, Assistant Vice 
President) 1000 Peachtree Street NE., Atlanta, Georgia 30309:
    1. Bixby Bridge Financial, LP and David D. Colburn, as general 
partner, both of Northbrook, Illinois; to collectively acquire voting 
shares of PCNB Bancshares, Inc., and thereby indirectly acquire voting 
shares of Peoples Community Bank, both in Bremen, Georgia.
    B. Federal Reserve Bank of Dallas (E. Ann Worthy, Vice President) 
2200 North Pearl Street, Dallas, Texas 75201-2272:
    1. Mary Ann Haywood, Bayton, Texas; to become Trustee of the Mary 
Louise Greak Estate, and acquire control of First Liberty National 
Bancshares, Inc., and thereby indirectly acquire control of First 
Liberty National Bank, both in Liberty, Texas.

    Board of Governors of the Federal Reserve System, March 6, 2012.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 2012-5756 Filed 3-8-12; 8:45 am]
BILLING CODE 6210-01-P
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