Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 75155 [2014-29521]
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Federal Register / Vol. 79, No. 242 / Wednesday, December 17, 2014 / Notices
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 LGD Derived
from Unstressed PD 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.
Burden Estimates
The FDIC estimates the burden of this
collection as follows:
mstockstill on DSK4VPTVN1PROD with NOTICES
Current
Number of Respondents: 4.
Annual Burden per Respondent:
1,040.
Total Annual Burden: 4,160.
Proposed
Estimated Number of Respondents: 4.
Annual Burden per Respondent:
1,040.
Estimated Total Annual Burden:
4,160 hours.
The FDIC recognizes that the Board
has estimated 88,401 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
VerDate Sep<11>2014
19:49 Dec 16, 2014
Jkt 235001
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.
Dated at Washington, DC, this 11th day of
December.
Robert E. Feldman,
Executive Secretary, Federal Deposit
Insurance Corporation.
[FR Doc. 2014–29418 Filed 12–16–14; 8:45 am]
BILLING CODE 6714–01–P
75155
(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 January 12,
2015.
A. Federal Reserve Bank of Chicago
(Colette A. Fried, Assistant Vice
President) 230 South LaSalle Street,
Chicago, Illinois 60690–1414:
1. Brookfield Financial Holdings, Inc.,
Brookfield, Illinois; to become a bank
holding company by acquiring 100
percent of the voting shares of First
National Bank of Brookfield, Brookfield,
Illinois.
B. Federal Reserve Bank of
Minneapolis (Jacquelyn K. Brunmeier,
Assistant Vice President) 90 Hennepin
Avenue, Minneapolis, Minnesota
55480–0291:
1. Border Bancshares Inc., Greenbush,
Minnesota; to acquire 100 percent of the
voting shares of First Advantage Bank,
Coon Rapids, Minnesota.
2. Park Financial Group, Inc.,
Minneapolis, Minnesota; to become a
bank holding company by acquiring 100
percent of the voting shares of Park
State Bank, Duluth, Minnesota.
FEDERAL RESERVE SYSTEM
Formations of, Acquisitions by, and
Mergers of Bank Holding Companies
Board of Governors of the Federal Reserve
System, December 12, 2014.
Margaret McCloskey Shanks,
Deputy Secretary of the Board.
[FR Doc. 2014–29521 Filed 12–16–14; 8:45 am]
BILLING CODE 6210–01–P
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
PO 00000
Frm 00042
Fmt 4703
Sfmt 4703
DEPARTMENT OF HEALTH AND
HUMAN SERVICES
Centers for Disease Control and
Prevention
[60Day–15–0932]
Proposed Data Collections Submitted
for Public Comment and
Recommendations
The Centers for Disease Control and
Prevention (CDC), as part of its
continuing effort to reduce public
burden and maximize the utility of
government information, invites the
general public and other Federal
agencies to take this opportunity to
comment on proposed and/or
continuing information collections, as
required by the Paperwork Reduction
Act of 1995. To request more
information on the below proposed
project or to obtain a copy of the
information collection plan and
instruments, call 404–639–7570 or send
comments to Leroy A. Richardson, 1600
E:\FR\FM\17DEN1.SGM
17DEN1
]]>Agencies
[Federal Register Volume 79, Number 242 (Wednesday, December 17, 2014)]
[Notices]
[Page 75155]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-29521]
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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 January 12, 2015.
A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant
Vice President) 230 South LaSalle Street, Chicago, Illinois 60690-1414:
1. Brookfield Financial Holdings, Inc., Brookfield, Illinois; to
become a bank holding company by acquiring 100 percent of the voting
shares of First National Bank of Brookfield, Brookfield, Illinois.
B. Federal Reserve Bank of Minneapolis (Jacquelyn K. Brunmeier,
Assistant Vice President) 90 Hennepin Avenue, Minneapolis, Minnesota
55480-0291:
1. Border Bancshares Inc., Greenbush, Minnesota; to acquire 100
percent of the voting shares of First Advantage Bank, Coon Rapids,
Minnesota.
2. Park Financial Group, Inc., Minneapolis, Minnesota; to become a
bank holding company by acquiring 100 percent of the voting shares of
Park State Bank, Duluth, Minnesota.
Board of Governors of the Federal Reserve System, December 12,
2014.
Margaret McCloskey Shanks,
Deputy Secretary of the Board.
[FR Doc. 2014-29521 Filed 12-16-14; 8:45 am]
BILLING CODE 6210-01-P
