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