Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company, 2933-2934 [2015-00863]

Download as PDF asabaliauskas on DSK5VPTVN1PROD with NOTICES Federal Register / Vol. 80, No. 13 / Wednesday, January 21, 2015 / Notices Estimated annual reporting hours: 184 hours. Estimated average hours per response: 4 hours. Number of respondents: 46. General description of report: This information collection is mandatory (Section 9 of the Federal Reserve Act [12 U.S.C. 321, 322, and 333]). The information solicited in this application form is not considered confidential, but applicants may request that parts of the form be kept confidential. Any request for confidential treatment of information must be accompanied by a detailed justification for confidentiality. For example, a justification for confidential treatment of business information under exemption 4 of the Freedom of Information Act (FOIA), 5 U.S.C. 552(b)(4), should demonstrate that substantial harm would result from public release of the information. Submissions of this form may also be exempt under exemption 6 of FOIA, 5. U.S.C. 552(b)(6), if a submitter identifies information of a personal nature the disclosure of which would result in a clearly unwarranted invasion of personal privacy. Additionally, exemption 8 of FOIA, 5 U.S.C. 552(b)(8) may apply to the extent the reported information is contained in or related to examination reports. Each request for confidentiality that is received by a submitter of this form will need to be reviewed on a case-by-case basis. Abstract: The application for membership is a required one-time submission that collects the information necessary for the Federal Reserve to evaluate the statutory criteria for admission of a new or existing state bank into membership in the Federal Reserve System. The application collects managerial, financial, and structural data. Current Actions: On October 17, 2014, the Federal Reserve published a notice in the Federal Register (79 FR 62442) requesting public comment for 60 days on the extension, without revision, of this information collection. The comment period for this notice expired on December 16, 2014. The Federal Reserve did not receive any comments. The information collection will be extended for three years, without revision, as proposed. 3. Report titles: Registration Statement for Persons Who Extend Credit Secured by Margin Stock (Other Than Banks, Brokers, or Dealers); Deregistration Statement for Persons Registered Pursuant to Regulation U; Statement of Purpose for an Extension of Credit Secured by Margin Stock by a Person Subject to Registration under Regulation U; Annual Report; Statement of Purpose VerDate Sep<11>2014 17:50 Jan 20, 2015 Jkt 235001 for an Extension of Credit by a Creditor; and Statement of Purpose for an Extension of Credit Secured by Margin Stock. Agency form numbers: FR G–1, FR G– 2, FR G–3, FR G–4, FR T–4, FR U–1. OMB control numbers: 7100–0011: FR G–1, FR G–2, FR G–4; 7100–0018: FR G– 3; 7100–0019: FR T–4; 7100–0115: FR U–1. Frequency: FR G–1, FR G–2, FR G–3, FR T–4, and FR U–1: on occasion; FR G–4: annual. Reporters: Individuals and businesses. Estimated annual reporting hours: 245 hours. Estimated average hours per response: FR G–1: 2.5 hours; FR G–2: 15 minutes; FR G–3: 10 minutes; FR G–4: 2.0 hours; FR T–4: 10 minutes; FR U–1: 10 minutes. Number of respondents: FR G–1: 52; FR G–2: 25; FR G–3: 6; FR G–4: 12; FR T–4: 4; FR U–1: 4. General description of reports: This information collection is mandatory (15 U.S.C. 78g). In addition, the FR T–4 is required by Section 220.6 of Regulation T (12 CFR 220.6), the FR U–1 is required by Sections 221.3(c)(1)(i) and (2)(i) of Regulation U (12 CFR 221.3(c)(1)(i) and (2)(i)), and the FR G–1, G–2, G–3, and G–4 are required by Sections 221.3(b)(1), (2), and (3), and (c)(1)(ii) and (2)(ii) of Regulation U (12 CFR 221.3(b)(1), (2), and (3), and (c)(1)(ii) and (2)(ii)). The FR G–1 and FR G–4 collect financial information, including a balance sheet, from nonbank lenders subject to Regulation U. Some of these lenders may be individuals or nonbank entities that do not make this information publicly available; release could therefore cause substantial harm to the competitive position of the respondent or result in an unwarranted invasion of personal privacy. In those cases, the information could be withheld under Exemption 4 or Exemption 6 of FOIA, 5 U.S.C. 552(b)(4) and (6), respectively. Confidentiality determinations must be made on a case by case basis. Because the FR T–4, FR U–1, and FR G–3 are not submitted to the Federal Reserve System, and the FR G–2 does not contain any information considered to be confidential, no confidentiality determination is necessary for these reports. Abstract: The Securities Exchange Act of 1934 authorizes the Federal Reserve to regulate securities credit extended by brokers and dealers, banks, and other lenders. The purpose statements, FR T– 4, FR U–1, and FR G–3, are recordkeeping requirements for brokers and dealers, banks, and other lenders, respectively, to document the purpose PO 00000 Frm 00022 Fmt 4703 Sfmt 4703 2933 of their loans secured by margin stock. Margin stock is defined as (1) stocks that are registered on a national securities exchange or any over-the-counter security designated for trading in the National Market System, (2) debt securities (bonds) that are convertible into margin stock, and (3) shares of most mutual funds. Lenders other than brokers and dealers and banks must register and deregister with the Federal Reserve using the FR G–1 and FR G–2, respectively, and they must file an annual report (FR G–4) while registered. The Federal Reserve uses the data to identify lenders subject to Regulation U, to verify their compliance with the regulation, and to monitor margin credit. Current Actions: On October 17, 2014, the Federal Reserve published a notice in the Federal Register (79 FR 62442) requesting public comment for 60 days on the extension, without revision, of these information collections. The comment period for this notice expired on December 16, 2014. The Federal Reserve received one comment letter from a banker. The commenter recommended revising the FR U–1 report to remove the attestation requirement in Part III when the response to Question #2 of Part I ‘‘Will any part of this credit be used to purchase or carry margin stock?’’ is ‘‘No’’. The Federal Reserve believes the commenter misunderstands Question #2 of Part I, which asks the purpose of the loan, not whether the loan is secured by margin stock. A completed and signed FR U–1 is only required when the loan is secured, directly or indirectly, by margin stock. The Federal Reserve will extend the information collections for three years, without revision, as proposed. Board of Governors of the Federal Reserve System, January 15, 2015. Robert deV. Frierson, Secretary of the Board. [FR Doc. 2015–00859 Filed 1–20–15; 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)). E:\FR\FM\21JAN1.SGM 21JAN1 2934 Federal Register / Vol. 80, No. 13 / Wednesday, January 21, 2015 / Notices 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 February 4, 2015. A. Federal Reserve Bank of Richmond (Adam M. Drimer, Assistant Vice President) 701 East Byrd Street, Richmond, Virginia 23261–4528: 1. P. Byron DeFoor, Ooltewah, Tennessee; to acquire voting shares of AB&T Financial Corporation, and thereby indirectly acquire voting shares of Alliance Bank & Trust Company, both in Gastonia, North Carolina. B. Federal Reserve Bank of Kansas City (Dennis Denney, Assistant Vice President) 1 Memorial Drive, Kansas City, Missouri 64198–0001: 1. Rebecca A. Schepker, as trustee of the Rebecca A. Schepker Revocable Trust; Ronald J. Schepker, as trustee of the Ronald J. Schepker Revocable Trust, both of Columbia, Missouri; Kathleen M. Wix, Salisbury, Missouri; Jacob W. Widmer, Moberly, Missouri; Jessica L. Schepker, Kansas City, Missouri; Mary E. Schepker, Columbia, Missouri; and Kristen N. Schepker, Columbia, Missouri; as members of the Schepker Family Group acting in concert, to acquire voting shares of Widmer Bancshares, Inc., and thereby indirectly acquire voting shares of The Merchants and Farmers Bank of Salisbury, both in Salisbury, Missouri. Board of Governors of the Federal Reserve System, January 15, 2015. Michael J. Lewandowski, Associate Secretary of the Board. [FR Doc. 2015–00863 Filed 1–20–15; 8:45 am] BILLING CODE 6210–01–P FEDERAL RESERVE SYSTEM FEDERAL TRADE COMMISSION Notice of Proposals To Engage in or To Acquire Companies Engaged in Permissible Nonbanking Activities Revised Jurisdictional Thresholds for Section 7a of the Clayton Act The companies listed in this notice have given notice under section 4 of the Bank Holding Company Act (12 U.S.C. 1843) (BHC Act) and Regulation Y, (12 CFR part 225) to engage de novo, or to acquire or control voting securities or assets of a company, including the companies listed below, that engages either directly or through a subsidiary or other company, in a nonbanking activity that is listed in § 225.28 of Regulation Y (12 CFR 225.28) or that the Board has determined by Order to be closely related to banking and permissible for bank holding companies. Unless otherwise noted, these activities will be conducted throughout the United States. Each notice is available for inspection at the Federal Reserve Bank indicated. The notice also will be available for inspection at the offices of the Board of Governors. Interested persons may express their views in writing on the question whether the proposal complies with the standards of section 4 of the BHC Act. Unless otherwise noted, comments regarding the applications must be received at the Reserve Bank indicated or the offices of the Board of Governors not later than February 13, 2015. A. Federal Reserve Bank of St. Louis (Yvonne Sparks, Community Development Officer) P.O. Box 442, St. Louis, Missouri 63166–2034: 1. Renasant Corporation, Tupelo, Mississippi; to acquire through merger, 100 percent of the voting shares of Heritage Financial Group, Inc., and indirectly acquire HeritageBank of the South, both in Albany, Georgia, and thereby indirectly engage in operating a savings association, pursuant to section 225.28(b)(4)(ii). Board of Governors of the Federal Reserve System, January 15, 2015. Michael J. Lewandowski, Associate Secretary of the Board. AGENCY: ACTION: Federal Trade Commission. Notice. The Federal Trade Commission announces the revised thresholds for the Hart-Scott-Rodino Antitrust Improvements Act of 1976 required by the 2000 amendment of Section 7A of the Clayton Act. SUMMARY: DATES: Effective February 20, 2015. FOR FURTHER INFORMATION CONTACT: Robert Jones, Federal Trade Commission, Bureau of Competition, Premerger Notification Office, 400 7th Street SW., Room #5301, Washington, DC 20024, Phone (202) 326–3100. Section 7A of the Clayton Act, 15 U.S.C. 18a, as added by the Hart-Scott-Rodino Antitrust Improvements Act of 1976, Public Law 94–435, 90 Stat. 1390 (‘‘the Act’’), requires all persons contemplating certain mergers or acquisitions, which meet or exceed the jurisdictional thresholds in the Act, to file notification with the Commission and the Assistant Attorney General and to wait a designated period of time before consummating such transactions. Section 7A(a)(2) requires the Federal Trade Commission to revise those thresholds annually, based on the change in gross national product, in accordance with Section 8(a)(5). Note that while the filing fee thresholds are revised annually, the actual filing fees are not similarly indexed and, as a result, have not been adjusted for inflation in over a decade. The new thresholds, which take effect 30 days after publication in the Federal Register, are as follows: SUPPLEMENTARY INFORMATION: [FR Doc. 2015–00864 Filed 1–20–15; 8:45 am] BILLING CODE 6210–01–P Original threshold (million $) asabaliauskas on DSK5VPTVN1PROD with NOTICES Subsection of 7A 7A(a)(2)(A) ............................................................................................................................................................... 7A(a)(2)(B)(i) ............................................................................................................................................................ 7A(a)(2)(B)(i) ............................................................................................................................................................ 7A(a)(2)(B)(ii)(i) ........................................................................................................................................................ 7A(a)(2)(B)(ii)(i) ........................................................................................................................................................ 7A(a)(2)(B)(ii)(II) ....................................................................................................................................................... 7A(a)(2)(B)(ii)(II) ....................................................................................................................................................... 7A(a)(2)(B)(ii)(III) ...................................................................................................................................................... 7A(a)(2)(B)(ii)(III) ...................................................................................................................................................... VerDate Sep<11>2014 17:50 Jan 20, 2015 Jkt 235001 PO 00000 Frm 00023 Fmt 4703 Sfmt 4703 E:\FR\FM\21JAN1.SGM 21JAN1 $200 50 200 10 100 10 100 100 10 Adjusted threshold (million $) $305.1 76.3 305.1 15.3 152.5 15.3 152.5 152.5 15.3

Agencies

[Federal Register Volume 80, Number 13 (Wednesday, January 21, 2015)]
[Notices]
[Pages 2933-2934]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2015-00863]


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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)).

[[Page 2934]]

    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 February 4, 2015.
    A. Federal Reserve Bank of Richmond (Adam M. Drimer, Assistant Vice 
President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
    1. P. Byron DeFoor, Ooltewah, Tennessee; to acquire voting shares 
of AB&T Financial Corporation, and thereby indirectly acquire voting 
shares of Alliance Bank & Trust Company, both in Gastonia, North 
Carolina.
    B. Federal Reserve Bank of Kansas City (Dennis Denney, Assistant 
Vice President) 1 Memorial Drive, Kansas City, Missouri 64198-0001:
    1. Rebecca A. Schepker, as trustee of the Rebecca A. Schepker 
Revocable Trust; Ronald J. Schepker, as trustee of the Ronald J. 
Schepker Revocable Trust, both of Columbia, Missouri; Kathleen M. Wix, 
Salisbury, Missouri; Jacob W. Widmer, Moberly, Missouri; Jessica L. 
Schepker, Kansas City, Missouri; Mary E. Schepker, Columbia, Missouri; 
and Kristen N. Schepker, Columbia, Missouri; as members of the Schepker 
Family Group acting in concert, to acquire voting shares of Widmer 
Bancshares, Inc., and thereby indirectly acquire voting shares of The 
Merchants and Farmers Bank of Salisbury, both in Salisbury, Missouri.

    Board of Governors of the Federal Reserve System, January 15, 
2015.
Michael J. Lewandowski,
Associate Secretary of the Board.
[FR Doc. 2015-00863 Filed 1-20-15; 8:45 am]
BILLING CODE 6210-01-P