Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company, 71801 [2015-29298]

Download as PDF Federal Register / Vol. 80, No. 221 / Tuesday, November 17, 2015 / Notices mstockstill on DSK4VPTVN1PROD with NOTICES mandatory, with voluntary early reporting on FR 2052a for U.S. firms with total consolidated assets of $700 billion or more or with assets under custody of $10 trillion or more, and FBOs identified as LISCC firms, and is authorized pursuant to section 5 of the Bank Holding Company Act (12 U.S.C. 1844), which authorizes the Federal Reserve to conduct information collections with regard to the supervision of BHCs, section 8 of the International Banking Act (12 U.S.C. 3106), which subjects FBOs to the provision of the Bank Holding Company Act, and section 165 of the Dodd-Frank Act (12 U.S.C. 5365), which requires the Federal Reserve to ensure that certain BHCs and nonbank financial companies supervised by the Federal Reserve are subject to enhanced liquidity requirements. As these data are collected as part of the supervisory process, they are subject to confidential treatment under exemption 8 of the Freedom of Information Act (5 U.S.C. 552(b)(8)). In addition, the institution information provided by each respondent will not be otherwise available to the public and is entitled to confidential treatment under the authority of exemption 4 of the Freedom of Information Act (5 U.S.C. 552(b)(4)), which protects from disclosure trade secrets and commercial or financial information. The Board estimates that the burden of reporting on the revised FR 2052a will be between 120 and 400 hours per response for each reporting form. The Board estimates that the one-time implementation burden will be approximately 400 hours, which includes both the building of systems necessary to gather and report the data, as well as training of responsible staff. For firms that are required to report daily, the Board estimates that the burden for each response will be approximately 220 hours, while firms that required to report monthly will spend approximately 120 hours to prepare each response. The Board estimates that the burden of reporting on the revised FR 2052b will be approximately 60 hours per response for each reporting firm. Regulatory Flexibility Act The Board has considered the potential impact of the final rule on small companies in accordance with the Regulatory Flexibility Act (RFA) (5 U.S.C. 601 et seq.). Based on its analysis and for the reasons stated below, the Board believes that the final rule will not have a significant economic impact on a substantial number of small entities. Nevertheless, the Board is VerDate Sep<11>2014 18:14 Nov 16, 2015 Jkt 238001 providing a final regulatory flexibility analysis with respect to the FR 2052 reporting forms. Under regulations issued by the Small Business Administration, a small entity includes a depository institution, bank holding company, or savings and loan holding company with total assets of $550 million or less (a small banking organization). As discussed above, the information collected on the FR 2052 reporting forms will be used to monitor the overall liquidity profile of large banking organizations supervised by the Board. These forms would collect information on the liquidity risks within different lines of business of these organizations. Firms would be required to report either daily, monthly, or quarterly depending on their size and complexity. The Board did not receive any comments on the proposed information collection notice regarding its impact on small banking organizations. The FR 2052 reporting forms will apply to BHCs with total consolidated assets of $10 billion or more and to FBOs with U.S. assets of $50 billion or more. The FR 2052 reporting forms do not apply to small banking organizations, so there would be no projected compliance requirements for small banking organizations. The Board believes that the final information collection will not have a significant impact on small banking organizations supervised by the Board and therefore believes that there are no significant alternatives that would reduce the economic impact on small banking organizations supervised by the Board. Board of Governors of the Federal Reserve System, November 12, 2015. Robert deV. Frierson, Secretary of the Board. [FR Doc. 2015–29348 Filed 11–16–15; 8:45 am] 71801 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 December 2, 2015. A. Federal Reserve Bank of Atlanta (Chapelle Davis, Assistant Vice President) 1000 Peachtree Street NE., Atlanta, Georgia 30309: 1. Edgar Ray Smith, III, William Kent Hood, Savannah K. Conti, William K. Conti, Amite Mini Storage, LLC, Hood Investments, LLC, WKH Management, Inc., Smith and Hood Investments, LLC, all of Amite, Louisiana; Sophia M. Pray, Hudson M. Pray, both of Hammond, Louisiana; Big 4 Investments, LLC, Roseland, Louisiana; to retain voting shares of First Guaranty Bancshares, Inc., and thereby indirectly retain voting shares of First Guaranty Bank, both in Hammond, Louisiana. 2. Donald Joseph Leeper, Adairsville, Georgia; to acquire voting shares of NorthSide Bancshares, Inc., and thereby indirectly acquire voting shares of NorthSide Bank, both in Adairsville, Georgia. B. Federal Reserve Bank of St. Louis (Yvonne Sparks, Community Development Officer) P.O. Box 442, St. Louis, Missouri 63166–2034: 1. John M. Huetsch, individually and as trustee of the John O. Huetsch Trust u/a dated 1/31/2012, both of Waterloo, Illinois; to retain voting shares of SBW Bancshares, Inc., and thereby indirectly retain voting shares of State Bank of Waterloo, both in Waterloo, Illinois. Board of Governors of the Federal Reserve System, November 12, 2015. Michael J. Lewandowski, Associate Secretary of the Board. [FR Doc. 2015–29298 Filed 11–16–15; 8:45 am] BILLING CODE 6210–01–P 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 PO 00000 Frm 00032 Fmt 4703 Sfmt 4703 DEPARTMENT OF HEALTH AND HUMAN SERVICES Centers for Disease Control and Prevention Board of Scientific Counselors, Office of Public Health Preparedness and Response: Notice of Charter Renewal This gives notice under the Federal Advisory Committee Act (Pub. L. 92– 463) of October 6, 1972, that the Board of Scientific Counselors, Office of Public Health Preparedness and Response, Centers for Disease Control and Prevention (CDC), Department of Health and Human Services (HHS), has been E:\FR\FM\17NON1.SGM 17NON1

Agencies

[Federal Register Volume 80, Number 221 (Tuesday, November 17, 2015)]
[Notices]
[Page 71801]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-29298]


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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 December 2, 2015.
    A. Federal Reserve Bank of Atlanta (Chapelle Davis, Assistant Vice 
President) 1000 Peachtree Street NE., Atlanta, Georgia 30309:
    1. Edgar Ray Smith, III, William Kent Hood, Savannah K. Conti, 
William K. Conti, Amite Mini Storage, LLC, Hood Investments, LLC, WKH 
Management, Inc., Smith and Hood Investments, LLC, all of Amite, 
Louisiana; Sophia M. Pray, Hudson M. Pray, both of Hammond, Louisiana; 
Big 4 Investments, LLC, Roseland, Louisiana; to retain voting shares of 
First Guaranty Bancshares, Inc., and thereby indirectly retain voting 
shares of First Guaranty Bank, both in Hammond, Louisiana.
    2. Donald Joseph Leeper, Adairsville, Georgia; to acquire voting 
shares of NorthSide Bancshares, Inc., and thereby indirectly acquire 
voting shares of NorthSide Bank, both in Adairsville, Georgia.
    B. Federal Reserve Bank of St. Louis (Yvonne Sparks, Community 
Development Officer) P.O. Box 442, St. Louis, Missouri 63166-2034:
    1. John M. Huetsch, individually and as trustee of the John O. 
Huetsch Trust u/a dated 1/31/2012, both of Waterloo, Illinois; to 
retain voting shares of SBW Bancshares, Inc., and thereby indirectly 
retain voting shares of State Bank of Waterloo, both in Waterloo, 
Illinois.

    Board of Governors of the Federal Reserve System, November 12, 
2015.
Michael J. Lewandowski,
Associate Secretary of the Board.
[FR Doc. 2015-29298 Filed 11-16-15; 8:45 am]
BILLING CODE 6210-01-P