Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company, 34385-34386 [2012-14086]

Download as PDF srobinson on DSK4SPTVN1PROD with NOTICES Federal Register / Vol. 77, No. 112 / Monday, June 11, 2012 / Notices General description of report: These information collections are mandatory under the Federal Reserve Act, the Bank Holding Company Act (BHC Act), and the International Banking Act (12 U.S.C. 248 (a)(1), 321, 601, 602, 611a, 615, 625, 1843(k), 1844(c)(1)(A), 3106(a), and 3108(a)), and Regulations K and Y (12 CFR 211.13(c), 225.5(b) and 225.87), and Sections 161, 312, 618, and 809 of the Dodd-Frank Act (12 U.S.C. 5361, 5412, 1850a(c)(1), and 5468(b)(1)). Individual respondent data are not considered confidential. However, respondents may request confidential treatment for any information that they believe is subject to an exemption from disclosure under the Freedom of Information Act (FOIA), (5 U.S.C. 522(b)(4) and (b)(6)). Abstract: The FR Y–10 is an event generated information collection submitted by FBOs; top-tier BHCs; state member banks unaffiliated with a BHC; Edge and agreement corporations that are not controlled by a state member bank, a BHC, or an FBO; and nationally chartered banks that are not controlled by a BHC (with regard to their foreign investments only), to capture changes in their regulated investments and activities. The Federal Reserve uses the data to monitor structure information on subsidiaries and regulated investments of these entities engaged in banking and nonbanking activities. The FR Y–6 is an annual information collection submitted by top-tier BHCs and nonqualifying FBOs. It collects financial data, an organization chart, verification of domestic branch data, and information about shareholders. The Federal Reserve uses the data to monitor holding company operations and determine holding company compliance with the provisions of the BHC Act and Regulation Y (12 CFR 225). The FR Y–7 is an annual information collection submitted by qualifying FBOs to update their financial and organizational information with the Federal Reserve. The Federal Reserve uses information to assess an FBO’s ability to be a continuing source of strength to its U.S. operations and to determine compliance with U.S. laws and regulations. Current Actions: The Federal Reserve proposes to revise the FR Y–10 reporting forms and instructions by (1) expanding the entities that must report to include nonbank financial companies supervised by the Federal Reserve, SLHCs, SHCs, and DFMUs as authorized under Sections 161, 312, 618, and 809 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (the Dodd-Frank Act), 12 U.S.C. 5361, 5412, 1850a(c)(1), and 5468(b)(1), respectively, (2) adding a Savings and Loan Schedule, (3) adding Legal VerDate Mar<15>2010 20:21 Jun 08, 2012 Jkt 226001 Authority Codes on Appendix A for SLHCs, (4) deleting several Nonbanking Company Types on the Nonbanking Schedule (since these entities would now be reported on the Savings and Loan Schedule), (5) expanding data item 3 on the Large Merchant Banking or Insurance Company Investments Section for respondents to report changes to information previously reported, and (6) incorporating several instructional clarifications. In addition, the Federal Reserve proposes to collect a one-time verification of an SLHC’s organizational structure as a supplement to the FR Y–10, derived from the Federal Reserve’s National Information Center database. These data would allow the Federal Reserve to establish baseline information before SLHCs become subject to the FR Y–10 eventgenerated reporting. The Federal Reserve proposes to revise the FR Y–6 reporting form and instructions by expanding the entities that must report to include nonbank financial companies supervised by the Board, SLHCs, SHCs, and DFMUs as authorized under Sections 161, 312, 618, and 809 of the Dodd-Frank Act, 12 U.S.C. 5361, 5412, 1850a(c)(1), and 5468(b)(1), respectively. The Federal Reserve proposes to consolidate the FR Y–7 glossary definitions into the FR Y–10 glossary with the exception of the definition of ‘‘Combined Financial Statements,’’ which will become a footnote on RI–5. In addition, the Federal Reserve proposes incorporating several FR Y–7 instructional clarifications. The proposed changes to the FR Y–6 and FR Y–7 reporting form and instructions would be effective with fiscal year-ends beginning December 31, 2012. The proposed FR Y–10 verification for SLHCs would require annotation of data provided by the Federal Reserve. These data would reflect information from the Federal Reserve’s National Information Center database as of October 1, 2012. Institutions would have thirty days to annotate the one-time verification. The proposed changes to the FR Y–10 reporting form and instructions would be effective December 1, 2012. Proposal To Approve Under OMB Delegated Authority the Extension for Three Years, Without Revision, of the Following Report Report title: Supplement to the Report of Changes in Organizational Structure. Agency form number: FR Y–10E. OMB control number: 7100–0297. Frequency: Event-generated. Reporters: FBOs, top-tier bank holding companies BHCs, state member PO 00000 Frm 00049 Fmt 4703 Sfmt 4703 34385 banks that are not controlled by a BHC, Edge and agreement corporations that are not controlled by a member bank, a BHC, or a FBO; and nationally chartered banks that are not controlled by a BHC (with regard to their foreign investments only), SLHCs, SHCs, nonbank financial companies, and DFMUs. Estimated annual reporting hours: 1,875 hours. Estimated average hours per response: 0.50 hours. Number of respondents: 3,750. General description of report: This information collection is mandatory under the Federal Reserve Act, the Bank Holding Company Act (BHC Act), and the International Banking Act (12 U.S.C. 248(a)(1), 321, 601, 602, 611a, 615, and 625, 1843(k), 1844(c)(1)(A), 3106(a)) and Regulation K and Y (12 CFR 211.13(c), 225.5(b) and 225.87) and Sections 161, 312, 618, and 809 of the Dodd-Frank Act (12 U.S.C. 5361, 5412, 1850a(c)(1), and 5468(b)(1)). Individual respondent data are not considered confidential. However, respondents may request confidential treatment for any information that they believe is subject to an exemption from disclosure under the Freedom of Information Act (FOIA), (5 U.S.C. 522(b)(4) and (b)(6)). Abstract: The FR Y–10E is a free-form supplement that may be used to collect additional structural information deemed to be critical and needed in an expedited manner. Board of Governors of the Federal Reserve System. June 6, 2012. Jennifer J. Johnson, Secretary of the Board. [FR Doc. 2012–14036 Filed 6–8–12; 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 E:\FR\FM\11JNN1.SGM 11JNN1 34386 Federal Register / Vol. 77, No. 112 / Monday, June 11, 2012 / Notices of the Board of Governors. Comments must be received not later than June 26, 2012. A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant Vice President) 230 South LaSalle Street, Chicago, Illinois 60690–1414: 1. The Gause Family, consisting of Bryce and Sheila Gause, Lynnville, Iowa; HW and Nancy Barnhouse, Vero Beach, Florida; Lester and Kay Gause, Newton, Iowa; Charles Gause, Providence, North Carolina; Gary and Joan Ales, Lakewood Ranch, Florida; Rebecca Barnhouse, Youngstown, Ohio; Richard Buls, New Market, Maryland; Kristy Crawford, Frederick, Maryland; Curtis Gause, Pleasant Hill, Iowa; Peggy Gause, Roanoke, Virginia; Russell Gause, Pasadena, Texas; Carrie Holub, Davenport, Iowa; Connie Kopacek, Urbandale, Iowa; Cynthia Smith, Newton, Iowa; and Kimberly Soulen, Meyersville, Maryland, all acting in concert, to retain control of First State Bank Holding Company, and thereby indirectly retain control of First State Bank, both in Lynnville, Iowa. Board of Governors of the Federal Reserve System, June 6, 2012. Michael J. Lewandowski, Assistant Secretary of the Board. [FR Doc. 2012–14086 Filed 6–8–12; 8:45 am] FEDERAL RESERVE SYSTEM srobinson on DSK4SPTVN1PROD with NOTICES Formations of, Acquisitions by, and Mergers of Bank Holding Companies The companies listed in this notice have applied to the Board for approval, pursuant to the Bank Holding Company Act of 1956 (12 U.S.C. 1841 et seq.) (BHC Act), Regulation Y (12 CFR part 225), and all other applicable statutes and regulations to become a bank holding company and/or to acquire the assets or the ownership of, control of, or the power to vote shares of a bank or bank holding company and all of the banks and nonbanking companies owned by the bank holding company, including the companies listed below. The applications listed below, as well as other related filings required by the Board, are available for immediate inspection at the Federal Reserve Bank indicated. The applications will also be available for inspection at the offices of the Board of Governors. Interested persons may express their views in writing on the standards enumerated in the BHC Act (12 U.S.C. 1842(c)). If the proposal also involves the acquisition of a nonbanking company, the review also includes whether the acquisition of the nonbanking company complies with the 20:21 Jun 08, 2012 Jkt 226001 Board of Governors of the Federal Reserve System, June 5, 2012. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. 2012–13980 Filed 6–8–12; 8:45 am] BILLING CODE 6210–01–P DEPARTMENT OF HEALTH AND HUMAN SERVICES Centers for Disease Control and Prevention Implementation of Federal Financial Report—Upcoming Mandatory Use of the Federal Financial Report System in the eRA Commons BILLING CODE 6210–01–P VerDate Mar<15>2010 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 July 5, 2012. A. Federal Reserve Bank of Dallas (E. Ann Worthy, Vice President) 2200 North Pearl Street, Dallas, Texas 75201– 2272: 1. DFW Capital Holdings, Inc., and DFW Capital Holdings Merger Corporation, both in Dallas, Texas; to become bank holding companies by acquiring Schwertner State Bank, Schwertner, Texas. Centers for Disease Control and Prevention (CDC), Department of Health and Human Services. ACTION: Notice. AGENCY: Purpose Beginning October 1, 2012, CDC will implement the expenditure data portion of the Federal Financial Report (FFR) in the Electronic Research Administration (eRA) Commons. The transition to use the FFR for reporting expenditure data includes new reporting dates for annual FFRs, and reporting of cumulative data only. Background The Office of Management and Budget has consolidated the Financial Status Report (FSR or SF–269/SF–269A) and the Federal Cash Transaction Report (FCTR or SF–272/SF–272A) into a single form known as the Federal Financial Report (FFR or SF–425/SF– 425A). Since January 1, 2010, CDC grantees have been required to report cash transaction data via the Payment Management System (PMS) using the FFR cash transaction data elements. The FSR/FFR module allows grantees to PO 00000 Frm 00050 Fmt 4703 Sfmt 4703 electronically submit a statement of expenditures associated with their grant to the sponsor of the grant via eRA Commons. The new eRA Commons system was piloted with 5 Federal Demonstration Partnership (FDP) institutions that assisted CDC with feedback and testing during the Third Quarter of Fiscal Year 2011. The Electronic Research Administration (eRA) was established by the National Institutes of Health (NIH) in response to the Government Paperwork Elimination Act requiring federal agencies to pursue electronic means of production. The intent of eRA is to provide for secure receipt, review and administration of electronic grants. The eRA Commons offers a meeting place for grantees tracking research grants administration information and applications and will now be used by grantees to submit their FFRs. DATES: The effective date is October 1, 2012. FOR FURTHER INFORMATION CONTACT: Technical Information Management Section (TIMS), Procurement and Grants Office, Centers for Disease Control and Prevention, 2920 Brandywine Rd, NE., Atlanta, GA 30341; telephone (770) 488–2700; email @ PGOTIM@CDC.GOV. Implementation All CDC Financial Expenditure data due on/after October 1, 2012 must be submitted using the FFR via the eFSR/ FFR system in the eRA Commons. All Federal Reporting in the Payment Management System is unchanged. All new submissions should be prepared and submitted as FFRs. CDC’s implementation of the FFR retains a financial reporting period that coincides with the budget period of a particular project. However, the due date for annual FFRs will be 90 days after the end of the calendar quarter in which the budget period ends. Note that this is a change in due dates of annual FFRs and may provide up to 60 additional days to report, depending upon when the budget period end date falls within a calendar quarter. For example, if the budget period ends 1/30/ 2012, the annual FFR is due 6/30/2012 (90 days after the end of the calendar quarter of 3/31/2012). Due dates of final reports will remain unchanged. The due date for final FFRs will continue to be 90 days after the project period end date. Grantees must submit closeout reports in a timely manner. Unless the Grants Management Officer (GMO) of the awarding Institute or Center approves an extension, grantees must submit a final FFR, final progress report, and E:\FR\FM\11JNN1.SGM 11JNN1

Agencies

[Federal Register Volume 77, Number 112 (Monday, June 11, 2012)]
[Notices]
[Pages 34385-34386]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-14086]


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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

[[Page 34386]]

of the Board of Governors. Comments must be received not later than 
June 26, 2012.
    A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant 
Vice President) 230 South LaSalle Street, Chicago, Illinois 60690-1414:
    1. The Gause Family, consisting of Bryce and Sheila Gause, 
Lynnville, Iowa; HW and Nancy Barnhouse, Vero Beach, Florida; Lester 
and Kay Gause, Newton, Iowa; Charles Gause, Providence, North Carolina; 
Gary and Joan Ales, Lakewood Ranch, Florida; Rebecca Barnhouse, 
Youngstown, Ohio; Richard Buls, New Market, Maryland; Kristy Crawford, 
Frederick, Maryland; Curtis Gause, Pleasant Hill, Iowa; Peggy Gause, 
Roanoke, Virginia; Russell Gause, Pasadena, Texas; Carrie Holub, 
Davenport, Iowa; Connie Kopacek, Urbandale, Iowa; Cynthia Smith, 
Newton, Iowa; and Kimberly Soulen, Meyersville, Maryland, all acting in 
concert, to retain control of First State Bank Holding Company, and 
thereby indirectly retain control of First State Bank, both in 
Lynnville, Iowa.

    Board of Governors of the Federal Reserve System, June 6, 2012.
Michael J. Lewandowski,
Assistant Secretary of the Board.
[FR Doc. 2012-14086 Filed 6-8-12; 8:45 am]
BILLING CODE 6210-01-P