Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 58783 [2014-23249]

Download as PDF Federal Register / Vol. 79, No. 189 / Tuesday, September 30, 2014 / Notices Operational Risk Schedule Proposed Proposed changes to the Operational Risk Schedule would provide greater insight into the types and frequency of operational risk expenses incurred by respondents, which would improve ongoing supervisory activities. The FDIC proposes adding a data item for firms to voluntarily disclose how much of their mortgage related litigation reserve is attributable to contractual representation and warranty claims. Estimated Number of Respondents: 4. Annual Burden per Respondent: 1,040 hours. Estimated Total Annual Burden: 4,160 hours. The FDIC recognizes that the Board has estimated 88,341 hours for bank holding companies to prepare the Summary, Macroscenario, Operational risk, Regulatory capital transitions, Regulatory capital instruments, and Counterparty credit risk schedules submitted for the FR Y–14A. The FDIC believes that the systems covered institutions use to prepare the FR Y– 14A reporting templates will also be used to prepare the reporting templates described in this notice. Comments continue to be invited on: (a) Whether the collection of information is necessary for the proper performance of the functions of the FDIC, including whether the information has practical utility; (b) The accuracy of the FDIC’s estimate of the burden of the collection of information; (c) Ways to enhance the quality, utility, and clarity of the information to be collected; (d) Ways to minimize the burden of the collection 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. Counterparty Credit Risk Schedule Significant additions would be made to the Counterparty Credit Risk Schedule in order to more adequately and accurately capture exposure information related to derivatives and securities financing transactions (‘‘SFTs’’). These additions would remediate deficiencies discovered in the current collection related to exposure, including a lack of information regarding collateral, asset types, and total exposure to a given counterparty, and have been carefully evaluated internally and vetted with respondents. The FDIC proposes: (1) Adding a subschedule that collects the derivative exposures at a legal-entity nettingagreement level for the top 25 noncentral clearing counterparty (‘‘nonCCP’’) and non-G–7 counterparties, as well as all CCPs and the G–7 counterparties, that includes a breakout of collateral into cash and non-cash, and exposures into 14 asset categories; (2) changing the current SFT sub-schedule to collect exposures and collateral separately at a counterparty legal-entity netting-agreement level for the top 25 non-CCP and non-G–7 counterparties, as well as all CCPs and the G–7 counterparties, and adding asset subcategories for a total of 30 specific asset types; (3) removing all columns with the institution specification of margin period of risk (‘‘MPOR’’) under the global market shocks from subschedules F.1.a through F.1.e and F.2; (4) removing the column Loss Given Default Derived from Unstressed Probability of Default on F.2; and (5) adding columns to worksheet F.1.e to collect both gross and net stressed and unstressed current exposure to central clearing counterparties. tkelley on DSK3SPTVN1PROD with NOTICES Burden Estimates The FDIC estimates the burden of this collection as follows: Current Number of Respondents: 4. Annual Burden per Respondent: 1,040 hours. Total Annual Burden: 4,160 hours. VerDate Sep<11>2014 18:09 Sep 29, 2014 Jkt 232001 Dated at Washington, DC, this 24th day of September. Federal Deposit Insurance Corporation. Robert E. Feldman, Executive Secretary. 58783 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 October 24, 2014. A. Federal Reserve Bank of Atlanta (Chapelle Davis, Assistant Vice President) 1000 Peachtree Street NE., Atlanta, Georgia 30309: 1. State Bank Financial Corporation, Atlanta, Georgia; to merge with GeorgiaCarolina Bancshares, Inc., and thereby acquire its subsidiary, First Bank of Georgia, both in Augusta, Georgia. Board of Governors of the Federal Reserve System, September 25, 2014. Michael J. Lewandowski, Associate Secretary of the Board. [FR Doc. 2014–23249 Filed 9–29–14; 8:45 am] BILLING CODE 6210–01–P DEPARTMENT OF HEALTH AND HUMAN SERVICES [FR Doc. 2014–23240 Filed 9–29–14; 8:45 am] Centers for Disease Control and Prevention BILLING CODE 6714–01–P [30 Day 14–0909] FEDERAL RESERVE SYSTEM Agency Forms Undergoing Paperwork Reduction Act Review 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. PO 00000 Frm 00059 Fmt 4703 Sfmt 4703 The Centers for Disease Control and Prevention (CDC) has submitted the following information collection request to the Office of Management and Budget (OMB) for review and approval in accordance with the Paperwork Reduction Act of 1995. The notice for the proposed information collection is published to obtain comments from the public and affected agencies. Written comments and suggestions from the public and affected agencies concerning the proposed collection of information are encouraged. Your comments should address any of the following: (a) Evaluate whether the proposed collection of information is E:\FR\FM\30SEN1.SGM 30SEN1

Agencies

[Federal Register Volume 79, Number 189 (Tuesday, September 30, 2014)]
[Notices]
[Page 58783]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-23249]


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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 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 October 24, 2014.
    A. Federal Reserve Bank of Atlanta (Chapelle Davis, Assistant Vice 
President) 1000 Peachtree Street NE., Atlanta, Georgia 30309:
    1. State Bank Financial Corporation, Atlanta, Georgia; to merge 
with Georgia-Carolina Bancshares, Inc., and thereby acquire its 
subsidiary, First Bank of Georgia, both in Augusta, Georgia.

    Board of Governors of the Federal Reserve System, September 25, 
2014.
Michael J. Lewandowski,
Associate Secretary of the Board.
[FR Doc. 2014-23249 Filed 9-29-14; 8:45 am]
BILLING CODE 6210-01-P