Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company, 65689-65690 [2012-26620]

Download as PDF wreier-aviles on DSK7SPTVN1PROD with NOTICES Federal Register / Vol. 77, No. 210 / Tuesday, October 30, 2012 / Notices of the data referenced in that provision pursuant to the existing requirements of part 955 and the DRM. In order to implement fully the new statutory requirements, FHFA amended the DRM in September 2009 to require the Banks to report to FHFA six additional data elements relating to newly-acquired AMA loans (in addition to then-existing 81 data elements) beginning in February 2010. While each Bank that acquires or holds AMA loans must report both loanlevel and aggregated AMA data directly to FHFA, the Bank initially must collect some of the underlying loan-level data from the member institution or housing associate from which the Bank acquires the loan (this is usually, but not always, the originator of the loan). The Bank typically collects the data for a particular AMA loan from the seller at the time the Bank agrees to acquire the loan. The Bank then uses this loan-level data to derive many of the other data elements that it is required to report to FHFA. For example, from the address of the property that secures the loan, a Bank is able to determine from publiclyavailable information the census tract code (and other similar geographic codes) for the property, as well as the median family income, and other data regarding the census tract or other defined geographic area. With this additional information, the Bank is also able to calculate various ratios, such as the ratio of the borrower’s income to the area median family income, which it is required to report under the DRM. Finally, some of the loan-level data originates with the Bank itself, such as the name of the acquiring Bank, the unique loan number assigned to the acquired loan, and the AMA program under which the loan was acquired. All but 8 to 10 of the data elements provided by the seller to the acquiring Bank are information that any purchaser of mortgage loans would require a seller to furnish in the ordinary course of business, even in the absence of any statutory or regulatory requirements. For example, the Bank must report, and the seller must therefore initially provide, data on: the location and type of the residential property securing the loan; the annual income and the debt-toincome ratio of the borrower and any co-borrowers; and the unpaid principal balance, term-to-maturity, interest rate, and type (i.e., fixed- or adjustable-rate) of the loan. The remaining data that would not normally be exchanged in the ordinary course of business comprises information identifying the race, ethnicity, and gender of the borrower and any co-borrowers, which are items that the Banks are required to aggregate VerDate Mar<15>2010 13:17 Oct 29, 2012 Jkt 229001 and report by census-tract to FHFA under section 10(k) of the Bank Act. It is these few items that comprise the actual information collection requirement to which Bank members and housing associates may be required to respond. The OMB control number for the information collection, which expires on October 31, 2012, is 2590–0008. The likely respondents are member and nonmember financial institutions that sell AMA assets to Banks. B. Burden Estimate FHFA estimates that the hour burden associated with the AMA collection will be lower than that estimated when the agency last requested clearance for this control number. FHFA estimates that the total annual average number of AMA loans acquired by all Banks will be 48,000 (640 member respondents x 75 loans per respondent). The estimate average time needed for a respondent to record and transmit the relevant data to the acquiring Bank will be 5 minutes per loan. Accordingly, the estimate for the total annual hour burden on respondents is 4,000 hours (640 x 75 x 5 minutes per loan). C. Comment Request In accordance with 5 CFR 1320.8(d), FHFA published a request for public comments regarding this information collection in the Federal Register on August 7, 2012. See 77 FR 47069. The 60-day comment period closed on October 9, 2012. FHFA received no public comments. FHFA requests written comments on the following: (1) Whether the collection of information is necessary for the proper performance of FHFA functions, including whether the information has practical utility; (2) the accuracy of the FHFA estimates of the burdens of the collection of information; (3) ways to enhance the quality, utility and clarity of the information collected; and (4) ways to minimize the burden of the collection of information, including through the use of automated collection techniques or other forms of information technology. Dated: October 24, 2012. Kevin Winkler, Chief Information Officer, Federal Housing Finance Agency. [FR Doc. 2012–26622 Filed 10–29–12; 8:45 am] BILLING CODE 8070–01–P PO 00000 Frm 00028 Fmt 4703 Sfmt 4703 65689 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 November 14, 2012. A. Federal Reserve Bank of St. Louis (Glenda Wilson, Community Affairs Officer) P.O. Box 442, St. Louis, Missouri 63166–2034: 1. Barbara K. Ferry, Nevada, Missouri, individually and as trustee of the L. Ingles Ferry Trust A; Barbara Fowler Ferry Trust; Hubert L. Fowler Trust; and the Marguerite Fowler Trust, and as a member of a family control group which includes L. Ingles Ferry; Hubert L. Fowler; Marguerite Fowler; David L. Ferry; Joseph D. Ferry; Patrick Ferry; Lindley G. Ferry; Barbara J. Benbrook; Scott D. Benbrook; Jeffrey L. Benbrook; and Emily L. Benbrook; to acquire voting shares of Mid-Missouri Bancshares, Inc., and thereby indirectly acquire voting shares of Mid-Missouri Bank, both in Springfield, Missouri. B. Federal Reserve Bank of Minneapolis (Jacqueline G. King, Community Affairs Officer) 90 Hennepin Avenue, Minneapolis, Minnesota 55480–0291: 1. Howard J. Rubin, Minneapolis, Minnesota, as Trustee of the Jeanie Rae Thorson 2012 Generation Skipping Trust, the Kristi Jo Jacobsen 2012 Generation Skipping Trust, and the Barbara Kay Billings 2012 Generation Skipping Trust, Minneapolis, Minnesota, to join the Hanson family shareholder group, acting in concert to acquire voting shares of First LeRoy BanCorporation, Inc., and thereby indirectly acquire voting shares of First State Bank Minnesota, both in LeRoy, Minnesota. E:\FR\FM\30OCN1.SGM 30OCN1 65690 Federal Register / Vol. 77, No. 210 / Tuesday, October 30, 2012 / Notices Board of Governors of the Federal Reserve System, October 25, 2012. Robert deV. Frierson, Secretary of the Board. [FR Doc. 2012–26620 Filed 10–29–12; 8:45 am] BILLING CODE 6210–01–P FEDERAL RESERVE SYSTEM Change in Bank Control Notices; Formations of, Acquisitions by, and Mergers of Bank Holding Companies; Correction This notice corrects a notice (FR Doc. 2012–26297) published on page 65190 of the issue for Thursday, October 25, 2012. Under the Federal Reserve Bank of Dallas heading, the entry for Bryon Dirk Bagenstos, Cherokee, Oklahoma; Greggory Earl Glass, Kevin Russell Murrow, Mike Lee Mackey, all of Alva, Oklahoma; and Warren Dean Hughes, Carmen, Oklahoma, is revised to read as follows: A. Federal Reserve Bank of Kansas City (Dennis Denney, Assistant Vice President) 1 Memorial Drive, Kansas City, Missouri 64198–0001: 1. Byron Dirk Bagenstos, Cherokee, Oklahoma; Greggory Earl Glass, Kevin Russell Murrow, Mike Lee Mackey, all of Alva, Oklahoma; and Warren Dean Hughes, Carmen, Oklahoma; as a group acting in concert to acquire voting shares of S G Bancshares, Inc., and thereby indirectly acquire voting shares of State Guaranty Bank, both in Okeene, Oklahoma. Comments on this application must be received by November 9, 2012. Board of Governors of the Federal Reserve System, October 25, 2012. Robert deV. Frierson, Secretary of the Board. [FR Doc. 2012–26621 Filed 10–29–12; 8:45 am] BILLING CODE 6210–01–P wreier-aviles on DSK7SPTVN1PROD with NOTICES [FR Doc. 2012–26618 Filed 10–29–12; 8:45 am] BILLING CODE 6210–01–P DEPARTMENT OF HEALTH AND HUMAN SERVICES HIT Standards Committee Advisory Meeting; Notice of Meeting Office of the National Coordinator for Health Information Technology, HHS. ACTION: Notice of meeting. 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. 13:17 Oct 29, 2012 Board of Governors of the Federal Reserve System, October 25, 2012. Robert deV. Frierson, Secretary of the Board. AGENCY: FEDERAL RESERVE SYSTEM VerDate Mar<15>2010 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 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 November 23, 2012. A. Federal Reserve Bank of Atlanta (Chapelle Davis, Assistant Vice President) 1000 Peachtree Street, NE., Atlanta, Georgia 30309: 1. Franklin County UNITED Bancshares, Inc., Decherd, Tennessee; to become a bank holding company by acquiring 100 percent of the voting shares of Franklin County UNITED Bank, Decherd, Tennessee. Jkt 229001 This notice announces a forthcoming meeting of a public advisory committee of the Office of the National Coordinator for Health Information Technology (ONC). The meeting will be open to the public. Name of Committee: HIT Standards Committee. General Function of the Committee: To provide recommendations to the National Coordinator on standards, implementation specifications, and certification criteria for the electronic exchange and use of health information for purposes of adoption, consistent with the implementation of the Federal PO 00000 Frm 00029 Fmt 4703 Sfmt 4703 Health IT Strategic Plan, and in accordance with policies developed by the HIT Policy Committee. Date and Time: The meeting will be held on December 19, 2012, from 9:00 a.m. to 3:00 p.m. Eastern Time. Location: This meeting will be VIRTUAL ONLY. Detailed call-in information is posted on the ONC Web site, https://healthit.hhs.gov. Contact Person for More Information: MacKenzie Robertson, Office of the National Coordinator, HHS, 355 E Street SW., Washington, DC 20201, 202–205– 8089, Fax: 202–260–1276, email: mackenzie.robertson@hhs.gov. Please call the contact person for up-to-date information on this meeting. A notice in the Federal Register about last minute modifications that impact a previously announced advisory committee meeting cannot always be published quickly enough to provide timely notice. Agenda: The committee will hear reports from its workgroups and updates from ONC and other Federal agencies. ONC intends to make background material available to the public no later than two (2) business days prior to the meeting. If ONC is unable to post the background material on its Web site prior to the meeting, it will be made publicly available at the location of the advisory committee meeting, and the background material will be posted on ONC’s Web site after the meeting, at https://healthit.hhs.gov Procedure: ONC is committed to the orderly conduct of its advisory committee meetings. Interested persons may present data, information, or views, orally or in writing, on issues pending before the Committee. Written submissions may be made to the contact person on or before two days prior to the Committee’s meeting date. Oral comments from the public will be scheduled in the agenda. Time allotted for each presentation will be limited to three minutes. If the number of speakers requesting to comment is greater than can be reasonably accommodated during the scheduled public comment period, ONC will take written comments after the meeting until close of business on that day. ONC welcomes the attendance of the public at its advisory committee meetings. If you require special assistance due to a disability, please contact MacKenzie Robertson at least seven (7) days in advance of the meeting. Notice of this meeting is given under the Federal Advisory Committee Act (Pub. L. 92–463, 5 U.S.C., App. 2). E:\FR\FM\30OCN1.SGM 30OCN1

Agencies

FEDERAL RESERVE SYSTEM

[Federal Register Volume 77, Number 210 (Tuesday, October 30, 2012)]
[Notices]
[Pages 65689-65690]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-26620]


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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 November 14, 2012.
    A. Federal Reserve Bank of St. Louis (Glenda Wilson, Community 
Affairs Officer) P.O. Box 442, St. Louis, Missouri 63166-2034:
    1. Barbara K. Ferry, Nevada, Missouri, individually and as trustee 
of the L. Ingles Ferry Trust A; Barbara Fowler Ferry Trust; Hubert L. 
Fowler Trust; and the Marguerite Fowler Trust, and as a member of a 
family control group which includes L. Ingles Ferry; Hubert L. Fowler; 
Marguerite Fowler; David L. Ferry; Joseph D. Ferry; Patrick Ferry; 
Lindley G. Ferry; Barbara J. Benbrook; Scott D. Benbrook; Jeffrey L. 
Benbrook; and Emily L. Benbrook; to acquire voting shares of Mid-
Missouri Bancshares, Inc., and thereby indirectly acquire voting shares 
of Mid-Missouri Bank, both in Springfield, Missouri.
    B. Federal Reserve Bank of Minneapolis (Jacqueline G. King, 
Community Affairs Officer) 90 Hennepin Avenue, Minneapolis, Minnesota 
55480-0291:
    1. Howard J. Rubin, Minneapolis, Minnesota, as Trustee of the 
Jeanie Rae Thorson 2012 Generation Skipping Trust, the Kristi Jo 
Jacobsen 2012 Generation Skipping Trust, and the Barbara Kay Billings 
2012 Generation Skipping Trust, Minneapolis, Minnesota, to join the 
Hanson family shareholder group, acting in concert to acquire voting 
shares of First LeRoy BanCorporation, Inc., and thereby indirectly 
acquire voting shares of First State Bank Minnesota, both in LeRoy, 
Minnesota.


[[Page 65690]]


    Board of Governors of the Federal Reserve System, October 25, 
2012.
Robert deV. Frierson,
Secretary of the Board.
[FR Doc. 2012-26620 Filed 10-29-12; 8:45 am]
BILLING CODE 6210-01-P

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