Agency Information Collection Activities: Submission for OMB Review; Comment Request (3064-0099; -0118; -0148 and -0153), 34668-34671 [2017-15617]
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34668
Federal Register / Vol. 82, No. 142 / Wednesday, July 26, 2017 / Notices
receivership shall be terminated, to be
effective no sooner than thirty days after
the date of this notice. If any person
wishes to comment concerning the
termination of the receivership, such
comment must be made in writing and
sent within thirty days of the date of
this notice to:
Federal Deposit Insurance Corporation,
Division of Resolutions and Receiverships,
Attention: Receivership Oversight
Department 34.6, 1601 Bryan Street, Dallas,
TX 75201.
including but not limited to releases,
discharges, satisfactions, endorsements,
assignments and deeds. Effective July 1,
2017, the Receivership Estate has been
terminated, the Receiver discharged,
and the Receivership Estate has ceased
to exist as a legal entity.
Dated: July 21, 2017.
Robert E. Feldman,
Executive Secretary, Federal Deposit
Insurance Corporation.
[FR Doc. 2017–15709 Filed 7–25–17; 8:45 am]
BILLING CODE 6714–01–P
No comments concerning the
termination of this receivership will be
considered which are not sent within
this time frame.
FEDERAL DEPOSIT INSURANCE
CORPORATION
Date: July 20, 2017.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
Agency Information Collection
Activities: Submission for OMB
Review; Comment Request (3064–
0099; –0118; –0148 and –0153)
[FR Doc. 2017–15621 Filed 7–25–17; 8:45 am]
Federal Deposit Insurance
Corporation (FDIC).
ACTION: Notice and request for comment.
AGENCY:
BILLING CODE 6714–01–P
FEDERAL DEPOSIT INSURANCE
CORPORATION
The FDIC, as part of its
continuing effort to reduce paperwork
and respondent burden, invites the
general public and other Federal
agencies to take this opportunity to
comment on the renewal of existing
information collections, as required by
the Paperwork Reduction Act of 1995.
On April 28, 2017, the FDIC requested
comment for 60 days on a proposal to
renew the information collections
described below. No comments were
received. The FDIC hereby gives notice
of its plan to submit to OMB a request
to approve the renewal of these
collections, and again invites comment
on this renewal.
DATES: Comments must be submitted on
or before August 25, 2017.
ADDRESSES: Interested parties are
invited to submit written comments to
the FDIC by any of the following
methods:
SUMMARY:
Notice of Termination—10314
Allegiance Bank of North America,
Bala Cynwyd, Pennsylvania
The Federal Deposit Insurance
Corporation (FDIC), as Receiver for
10314 Allegiance Bank of North
America, Bala Cynwyd, Pennsylvania
(Receiver) has been authorized to take
all actions necessary to terminate the
receivership estate of Allegiance Bank of
North America (Receivership Estate);
the Receiver has made all dividend
distributions required by law.
The Receiver has further irrevocably
authorized and appointed FDICCorporate as its attorney-in-fact to
execute and file any and all documents
that may be required to be executed by
the Receiver which FDIC-Corporate, in
its sole discretion, deems necessary;
• https://www.FDIC.gov/regulations/
laws/federal/notices.html.
• Email: comments@fdic.gov. Include
the name and number of the collection
in the subject line of the message.
• Mail: Manny Cabeza (202–898–
3767), Counsel, MB–3007, or Jennifer
Jones (202–898–6768), Counsel, MB–
3105, Federal Deposit Insurance
Corporation, 550 17th Street NW.,
Washington, DC 20429.
• Hand Delivery: Comments may be
hand-delivered to the guard station at
the rear of the 17th Street Building
(located on F Street), on business days
between 7:00 a.m. and 5:00 p.m.
All comments should refer to the
relevant OMB control number. A copy
of the comments may also be submitted
to the OMB desk officer for the FDIC:
Office of Information and Regulatory
Affairs, Office of Management and
Budget, New Executive Office Building,
Washington, DC 20503.
FOR FURTHER INFORMATION CONTACT:
Manny Cabeza or Jennifer Jones, at the
FDIC address above.
SUPPLEMENTARY INFORMATION: On April
28, 2017, (82 FR 19718), the FDIC
requested comment for 60 days on a
proposal to renew the information
collections described below. No
comments were received. The FDIC
hereby gives notice of its plan to submit
to OMB a request to approve the
renewal of these collections, and again
invites comment on this renewal.
Proposal to renew the following
currently approved collections of
information:
1. Title: Application for Waiver of
Prohibition on Acceptance of Brokered
Deposits.
OMB Number: 3064–0099.
Form Number: None.
Affected Public: Insured state
nonmember banks and state savings
associations.
Burden Estimate:
Estimated
number of
respondents
Estimated
time per
response
(hours)
Frequency of response
Total annual
estimated
burden
(hours)
Reporting ........................................................
mstockstill on DSK30JT082PROD with NOTICES
Type of burden
30
6
On Occasion ...................................................
180
General Description of Collection:
Section 29 of the Federal Deposit
Insurance Act prohibits
undercapitalized insured depository
institutions from accepting, renewing,
or rolling over any brokered deposits.
Adequately capitalized institutions may
do so with a waiver from the FDIC,
while well-capitalized institutions may
accept, renew, or roll over brokered
VerDate Sep<11>2014
17:49 Jul 25, 2017
Jkt 241001
deposits without restriction. This
information collection captures the
burden associated with preparing and
filing an application for a waiver of the
prohibition on the acceptance of
brokered deposits.
There is no change in the method or
substance of the collection. The overall
reduction in burden hours is a result of
economic fluctuation. In particular, the
PO 00000
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Fmt 4703
Sfmt 4703
number of respondents has decreased
while the hours per response remain the
same.
2. Title: Management Official
Interlocks.
OMB Number: 3064–0118.
Form Number: None.
Affected Public: Insured state
nonmember banks and state savings
associations.
E:\FR\FM\26JYN1.SGM
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Federal Register / Vol. 82, No. 142 / Wednesday, July 26, 2017 / Notices
34669
Burden Estimate:
Type of burden
Estimated
number of
respondents
Estimated
time per
response
Frequency of response
Total annual
estimated
burden
(hours)
Reporting .......................................................
3
7
On Occasion ..................................................
21
General Description of Collection: The
FDIC’s Management Official Interlocks
regulation, 12 CFR 348, which
implements the Depository Institutions
Management Interlocks Act (DIMIA), 12
U.S.C. 3201–3208, generally prohibits
bank management officials from serving
simultaneously with two unaffiliated
depository institutions or their holding
companies but allows the FDIC to grant
exemptions in appropriate
circumstances. Consistent with DIMIA,
the FDIC’s Management Official
Interlocks regulation has an application
requirement requiring information
specified in the FDIC’s procedural
regulation. The rule also contains a
notification requirement.
There is no change in the method or
substance of the collection. The overall
reduction in burden hours is a result of
economic fluctuation as well as the
change in complexity of the reporting
institutions. In particular, the number of
respondents has decreased while the
hours per response have increased due
to the complexity of the reporting
institutions.
3. Title: Interagency Statement on
Sound Practices Concerning Complex
Structured Finance Transactions.
OMB Number: 3064–0148.
Form Number: Interagency Statement
on Sound Practices Concerning Elevated
Risk Complex Structured Finance
Activities.
Affected Public: Insured state
nonmember banks and state savings
associations.
Burden Estimate:
Type of burden
Estimated
number of
respondents
Estimated
time per
response
Frequency of response
Total annual
estimated
burden
(hours)
Recordkeeping ...............................................
4
25
On Occasion ..................................................
100
General Description of Collection: The
Interagency Statement on Sound
Practices Concerning Complex
Structured Finance Transactions
describes the types of internal controls
and risk management procedures that
the Agencies believe are particularly
effective in assisting financial
institutions to identify, evaluate, assess,
document, and control the full range of
credit, market, operational, legal and
reputational risks. A financial
institution that engages in complex
structured finance transactions should
maintain a set of formal, written, firmwide policies and procedures that are
designed to allow the institution to
identify and assess these risks.
There is no change in the method or
substance of the collection. The overall
reduction in burden hours is a result of
economic fluctuation. In particular, the
number of respondents has decreased
while the hours per response remain the
same.
4. Title: Regulatory Capital Rules.
OMB Number: 3064–0153.
Form Number: None.
Affected Public: State nonmember
banks, state savings associations, and
certain subsidiaries of those entities.
Burden Estimate:
ESTIMATED HOURLY BURDEN
Estimated
number of
respondents
mstockstill on DSK30JT082PROD with NOTICES
Type of burden
Implementation plan—Section _.121(b): Ongoing ...
Documentation of advanced systems—Section
_.122(j): Ongoing.
Systems maintenance—Sections _.122(a), _123(a),
_.124(a): Ongoing.
Supervisory approvals—Sections_.122(d)–(h), _
.132(b)(3), _.132(d)(1), _.132(d)(1)(iii): Ongoing.
Control, oversight and verification of systems—
Sections _.122 to _.124: Ongoing.
(CCR)—Section _.132(b)(2)(iii)(A): One-time ...........
(CCR)—Section _.132(b)(2)(iii)(A): Ongoing ............
(CCR)—Section _.132(d)(2)(iv): One-time ...............
(CCR)—Section _.132(d)(2)(iv): Ongoing ................
(CCR)—Section _.132(d)(3)(vi): One-time ...............
(CCR)—Section _.132(d)(3)(viii): One-time ..............
(CCR)—Section _.132(d)(3)(viii) Ongoing ................
(CCR)—Section _.132(d)(3)(ix): One-time ...............
(CCR)—Section _.132(d)(3)(ix): Ongoing ................
(CCR)—Section _.132(d)(3)(x): One-time ................
(CCR)—Section _.132(d)(3)(xi): One-time ...............
(CCR)—Section _.132(d)(3)(xi): Ongoing ................
Recordkeeping .......
Recordkeeping .......
2
2
330.0
19.0
On Occasion .....
On Occasion .....
660
38
Recordkeeping .......
2
27.9
On Occasion .....
56
Recordkeeping .......
2
16.8
On Occasion .....
34
Recordkeeping .......
2
11.1
On Occasion .....
22
Recordkeeping
Recordkeeping
Recordkeeping
Recordkeeping
Recordkeeping
Recordkeeping
Recordkeeping
Recordkeeping
Recordkeeping
Recordkeeping
Recordkeeping
Recordkeeping
1
2
1
2
1
1
2
1
2
1
1
2
80.0
16.0
80.0
40.0
80.0
80.0
10.0
40.0
40.0
20.0
40.0
40.0
On Occasion .....
On Occasion .....
On Occasion .....
On Occasion .....
On Occasion .....
On Occasion .....
Quarterly ...........
On Occasion .....
On Occasion .....
On Occasion .....
On Occasion .....
On Occasion .....
80
32
80
80
80
80
80
40
80
20
40
80
VerDate Sep<11>2014
17:49 Jul 25, 2017
Jkt 241001
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.......
.......
.......
.......
.......
.......
.......
.......
.......
.......
.......
.......
Fmt 4703
Sfmt 4703
Estimated time
per response
E:\FR\FM\26JYN1.SGM
Frequency of
response
Total annual
estimated
burden
BASEL III advanced approaches: recordkeeping
and disclosure
26JYN1
34670
Federal Register / Vol. 82, No. 142 / Wednesday, July 26, 2017 / Notices
ESTIMATED HOURLY BURDEN—Continued
Estimated
number of
respondents
Type of burden
(OC)—Section
_.141(b)(3),
_.141(c)(1),
_.141(c)(2)(i)–(ii), _.153: One-time.
(OC)—Section _.141(c)(2)(i)-(ii): Ongoing ................
Sections _.142 and _.171: Ongoing .........................
(CCB and CCYB)—Section _.173, Table 4 (CR)
_.173, Table 5 (Securitization) _.173, Table 9
(IRR) _.173, Table 12: Ongoing.
(CCB and CCYB)—Section _.173, Table 4 (CR)
Section _.173, Table 5 (Sec.) Section _.173,
Table 9 (IRR) Section _.173, Table 12: One-time.
Subtotal: One-time Recordkeeping and Disclosure.
Subtotal: Ongoing Recordkeeping and Disclosure.
Recordkeeping .......
1
40.0
On Occasion .....
40
Recordkeeping .......
Disclosure ..............
Disclosure ..............
2
2
2
10.0
5.8
35.0
Quarterly ...........
On Occasion .....
Quarterly ...........
80
12
280
Disclosure ..............
1
280.0
On Occasion .....
280
................................
........................
........................
...........................
740
................................
........................
........................
...........................
1,533
Total Recordkeeping and Disclosure .........
................................
........................
........................
...........................
2,273
Minimum regulatory capital ratios: recordkeeping
Type of burden
Estimated
number of
respondents
Estimated time
per response
Frequency of
response
(CCR Operational Requirements)—Sections _.3(c)
and_.22(h)(2)(iii)(A): Ongoing.
Subtotal: One-time Recordkeeping ...................
Subtotal: Ongoing Recordkeeping ....................
Recordkeeping .......
3,787
16.0
On Occasion .....
60,592
................................
................................
........................
........................
........................
........................
...........................
...........................
0
60,592
Total Recordkeeping ..................................
................................
........................
........................
...........................
60,592
Type of burden
Estimated
number of
respondents
Estimated time
per response
Frequency of
response
Standardized approach: recordkeeping and disclosure
(QCCP)—Section _.35(b)(3)(i)(A): One-time ............
(QCCP)—Section _.35(b)(3)(i)(A): Ongoing .............
(CT)—Section _.37(c)(4)(i)(E): One-time .................
(CT)—Section _.37(c)(4)(i)(E): Ongoing ...................
(SE)—Section _.41(b)(3) and _.41(c)(2)(i): Onetime.
(SE)—Section _.41(c)(2)(i): Ongoing .......................
(S.E.)—Section
_.42(e)(2),
(C.R.)
Sections_.62(a),(b),& (c), (Q&Q) Sections _.63(a) &
(b): One-time.
(S.E.)—Section
_.42(e)(2),
(C.R.)
Sections_
.62(a),(b),& (c), (Q&Q) Sections_.63(a) & (b) and
_.63 Tables: Ongoing.
Subtotal: One-time Recordkeeping and Disclosure.
Subtotal: Ongoing Recordkeeping and Disclosure.
7,574
226
1
131.3
Quarterly ...........
525
................................
........................
........................
...........................
348
................................
........................
........................
...........................
76,265
Total Recordkeeping and Disclosure .........
................................
........................
........................
...........................
76,613
Total Burden Hours ....................................
mstockstill on DSK30JT082PROD with NOTICES
On Occasion .....
On Occasion .....
................................
........................
........................
...........................
139,478
Jkt 241001
2.0
2.0
80.0
16.0
40.0
Recordkeeping .......
Disclosure ..............
3,787
1
Disclosure ..............
those entities. The data is used by the
FDIC to evaluate capital before
approving various applications by
insured depository institutions, to
evaluate capital as an essential
component in determining safety and
soundness, and to determine whether an
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On
On
On
On
On
Occasion
Occasion
Occasion
Occasion
Occasion
Total annual
estimated
burden
2.0
226.3
17:49 Jul 25, 2017
1
3,787
1
3,787
1
Total annual
estimated
burden
2
7,574
80
60,592
40
VerDate Sep<11>2014
.......
.......
.......
.......
.......
Frequency of
response
.....
.....
.....
.....
.....
General Description of Collection:
This collection comprises the disclosure
and recordkeeping requirements
associated with minimum capital
requirements and overall capital
adequacy standards for insured state
nonmember banks, state savings
associations, and certain subsidiaries of
Recordkeeping
Recordkeeping
Recordkeeping
Recordkeeping
Recordkeeping
Estimated time
per response
Total annual
estimated
burden
BASEL III advanced approaches: recordkeeping
and disclosure
institution is subject to prompt
corrective action provisions.
There is no change in the method or
substance of the collection. The overall
reduction in burden hours is a result of
economic fluctuation. In particular, the
number of respondents has decreased
while the hours per response remain the
E:\FR\FM\26JYN1.SGM
26JYN1
Federal Register / Vol. 82, No. 142 / Wednesday, July 26, 2017 / Notices
same. The overall reduction in burden
hours also reflects a decrease in the
number of entities that will incur any
one-time implementation burden, as a
majority of the entities have already
fully implemented the one-time
requirements associated with the rule.
Request for Comment
Comments are invited on: (a) Whether
the collections of information are
necessary for the proper performance of
the FDIC’s functions, including whether
the information has practical utility; (b)
the accuracy of the estimates of the
burden of the information collections,
including the validity of the
methodology and assumptions used; (c)
ways to enhance the quality, utility, and
clarity of the information to be
collected; and (d) ways to minimize the
burden of the collections of information
on respondents, including through the
use of automated collection techniques
or other forms of information
technology. All comments will become
a matter of public record.
Dated at Washington, DC, this 20th day of
July, 2017.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2017–15617 Filed 7–25–17; 8:45 am]
BILLING CODE 6714–01–P
FEDERAL DEPOSIT INSURANCE
CORPORATION
mstockstill on DSK30JT082PROD with NOTICES
Notice to All Interested Parties of the
Termination of the Receivership of
10124—Jennings State Bank, Spring
Grove, Minnesota
Notice is hereby given that the Federal
Deposit Insurance Corporation (FDIC) as
Receiver for Jennings State Bank, Spring
Grove, Minnesota (‘‘the Receiver’’)
intends to terminate its receivership for
said institution. The FDIC was
appointed Receiver of Jennings State
Bank on October 2, 2009. The
liquidation of the receivership assets
has been completed. To the extent
permitted by available funds and in
accordance with law, the Receiver will
be making a final dividend payment to
proven creditors.
Based upon the foregoing, the
Receiver has determined that the
continued existence of the receivership
will serve no useful purpose.
Consequently, notice is given that the
receivership shall be terminated, to be
effective no sooner than thirty days after
the date of this notice. If any person
wishes to comment concerning the
termination of the receivership, such
comment must be made in writing and
VerDate Sep<11>2014
17:49 Jul 25, 2017
Jkt 241001
sent within thirty days of the date of
this notice to: Federal Deposit Insurance
Corporation, Division of Resolutions
and Receiverships, Attention:
Receivership Oversight Department
34.6, 1601 Bryan Street, Dallas, TX
75201.
No comments concerning the
termination of this receivership will be
considered which are not sent within
this time frame.
Dated: July 21, 2017.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2017–15655 Filed 7–25–17; 8:45 am]
BILLING CODE 6714–01–P
FEDERAL DEPOSIT INSURANCE
CORPORATION
Notice to All Interested Parties of the
Termination of the Receivership of
10453—Second Federal Savings and
Loan Association of Chicago, Chicago,
Illinois
NOTICE IS HEREBY GIVEN that the
Federal Deposit Insurance Corporation
(FDIC) as Receiver for Second Federal
Savings and Loan Association of
Chicago, Chicago, Illinois (‘‘the
Receiver’’) intends to terminate its
receivership for said institution. The
FDIC was appointed Receiver of Second
Federal Savings and Loan Association of
Chicago on July 20, 2012. The
liquidation of the receivership assets
has been completed. To the extent
permitted by available funds and in
accordance with law, the Receiver will
be making a final dividend payment to
proven creditors.
Based upon the foregoing, the
Receiver has determined that the
continued existence of the receivership
will serve no useful purpose.
Consequently, notice is given that the
receivership shall be terminated, to be
effective no sooner than thirty days after
the date of this notice. If any person
wishes to comment concerning the
termination of the receivership, such
comment must be made in writing and
sent within thirty days of the date of
this notice to: Federal Deposit Insurance
Corporation, Division of Resolutions
and Receiverships, Attention:
Receivership Oversight Department
34.6, 1601 Bryan Street, Dallas, TX
75201.
No comments concerning the
termination of this receivership will be
considered which are not sent within
this time frame.
PO 00000
Dated: July 20, 2017.
Frm 00049
Fmt 4703
Sfmt 4703
34671
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2017–15622 Filed 7–25–17; 8:45 am]
BILLING CODE 6714–01–P
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 August 21,
2017.
A. Federal Reserve Bank of
Philadelphia (William Spaniel, Senior
Vice President) 100 North 6th Street,
Philadelphia, Pennsylvania 19105–
1521. Comments can also be sent
electronically to
Comments.applications@phil.frb.org:
1. Riverview Financial Corporation,
Harrisburg, Pennsylvania; to acquire
voting shares of CBT Financial Corp.,
and thereby indirectly acquire shares of
Clearfield Bank, both of Clearfield,
Pennsylvania.
E:\FR\FM\26JYN1.SGM
26JYN1
]]>Agencies
[Federal Register Volume 82, Number 142 (Wednesday, July 26, 2017)]
[Notices]
[Pages 34668-34671]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-15617]
-----------------------------------------------------------------------
FEDERAL DEPOSIT INSURANCE CORPORATION
Agency Information Collection Activities: Submission for OMB
Review; Comment Request (3064-0099; -0118; -0148 and -0153)
AGENCY: Federal Deposit Insurance Corporation (FDIC).
ACTION: Notice and request for comment.
-----------------------------------------------------------------------
SUMMARY: The FDIC, as part of its continuing effort to reduce paperwork
and respondent burden, invites the general public and other Federal
agencies to take this opportunity to comment on the renewal of existing
information collections, as required by the Paperwork Reduction Act of
1995. On April 28, 2017, the FDIC requested comment for 60 days on a
proposal to renew the information collections described below. No
comments were received. The FDIC hereby gives notice of its plan to
submit to OMB a request to approve the renewal of these collections,
and again invites comment on this renewal.
DATES: Comments must be submitted on or before August 25, 2017.
ADDRESSES: Interested parties are invited to submit written comments to
the FDIC by any of the following methods:
https://www.FDIC.gov/regulations/laws/federal/notices.html.
Email: comments@fdic.gov. Include the name and number of
the collection in the subject line of the message.
Mail: Manny Cabeza (202-898-3767), Counsel, MB-3007, or
Jennifer Jones (202-898-6768), Counsel, MB-3105, Federal Deposit
Insurance Corporation, 550 17th Street NW., Washington, DC 20429.
Hand Delivery: Comments may be hand-delivered to the guard
station at the rear of the 17th Street Building (located on F Street),
on business days between 7:00 a.m. and 5:00 p.m.
All comments should refer to the relevant OMB control number. A
copy of the comments may also be submitted to the OMB desk officer for
the FDIC: Office of Information and Regulatory Affairs, Office of
Management and Budget, New Executive Office Building, Washington, DC
20503.
FOR FURTHER INFORMATION CONTACT: Manny Cabeza or Jennifer Jones, at the
FDIC address above.
SUPPLEMENTARY INFORMATION: On April 28, 2017, (82 FR 19718), the FDIC
requested comment for 60 days on a proposal to renew the information
collections described below. No comments were received. The FDIC hereby
gives notice of its plan to submit to OMB a request to approve the
renewal of these collections, and again invites comment on this
renewal.
Proposal to renew the following currently approved collections of
information:
1. Title: Application for Waiver of Prohibition on Acceptance of
Brokered Deposits.
OMB Number: 3064-0099.
Form Number: None.
Affected Public: Insured state nonmember banks and state savings
associations.
Burden Estimate:
----------------------------------------------------------------------------------------------------------------
Estimated Estimated time Total annual
Type of burden number of per response Frequency of response estimated
respondents (hours) burden (hours)
----------------------------------------------------------------------------------------------------------------
Reporting........................... 30 6 On Occasion............ 180
----------------------------------------------------------------------------------------------------------------
General Description of Collection: Section 29 of the Federal
Deposit Insurance Act prohibits undercapitalized insured depository
institutions from accepting, renewing, or rolling over any brokered
deposits. Adequately capitalized institutions may do so with a waiver
from the FDIC, while well-capitalized institutions may accept, renew,
or roll over brokered deposits without restriction. This information
collection captures the burden associated with preparing and filing an
application for a waiver of the prohibition on the acceptance of
brokered deposits.
There is no change in the method or substance of the collection.
The overall reduction in burden hours is a result of economic
fluctuation. In particular, the number of respondents has decreased
while the hours per response remain the same.
2. Title: Management Official Interlocks.
OMB Number: 3064-0118.
Form Number: None.
Affected Public: Insured state nonmember banks and state savings
associations.
[[Page 34669]]
Burden Estimate:
----------------------------------------------------------------------------------------------------------------
Estimated Total annual
Type of burden number of Estimated time Frequency of response estimated
respondents per response burden (hours)
----------------------------------------------------------------------------------------------------------------
Reporting........................... 3 7 On Occasion........... 21
----------------------------------------------------------------------------------------------------------------
General Description of Collection: The FDIC's Management Official
Interlocks regulation, 12 CFR 348, which implements the Depository
Institutions Management Interlocks Act (DIMIA), 12 U.S.C. 3201-3208,
generally prohibits bank management officials from serving
simultaneously with two unaffiliated depository institutions or their
holding companies but allows the FDIC to grant exemptions in
appropriate circumstances. Consistent with DIMIA, the FDIC's Management
Official Interlocks regulation has an application requirement requiring
information specified in the FDIC's procedural regulation. The rule
also contains a notification requirement.
There is no change in the method or substance of the collection.
The overall reduction in burden hours is a result of economic
fluctuation as well as the change in complexity of the reporting
institutions. In particular, the number of respondents has decreased
while the hours per response have increased due to the complexity of
the reporting institutions.
3. Title: Interagency Statement on Sound Practices Concerning
Complex Structured Finance Transactions.
OMB Number: 3064-0148.
Form Number: Interagency Statement on Sound Practices Concerning
Elevated Risk Complex Structured Finance Activities.
Affected Public: Insured state nonmember banks and state savings
associations.
Burden Estimate:
----------------------------------------------------------------------------------------------------------------
Estimated Total annual
Type of burden number of Estimated time Frequency of response estimated
respondents per response burden (hours)
----------------------------------------------------------------------------------------------------------------
Recordkeeping....................... 4 25 On Occasion........... 100
----------------------------------------------------------------------------------------------------------------
General Description of Collection: The Interagency Statement on
Sound Practices Concerning Complex Structured Finance Transactions
describes the types of internal controls and risk management procedures
that the Agencies believe are particularly effective in assisting
financial institutions to identify, evaluate, assess, document, and
control the full range of credit, market, operational, legal and
reputational risks. A financial institution that engages in complex
structured finance transactions should maintain a set of formal,
written, firm-wide policies and procedures that are designed to allow
the institution to identify and assess these risks.
There is no change in the method or substance of the collection.
The overall reduction in burden hours is a result of economic
fluctuation. In particular, the number of respondents has decreased
while the hours per response remain the same.
4. Title: Regulatory Capital Rules.
OMB Number: 3064-0153.
Form Number: None.
Affected Public: State nonmember banks, state savings associations,
and certain subsidiaries of those entities.
Burden Estimate:
Estimated Hourly Burden
--------------------------------------------------------------------------------------------------------------------------------------------------------
Estimated Total annual
BASEL III advanced approaches: Type of burden number of Estimated time Frequency of response estimated
recordkeeping and disclosure respondents per response burden
--------------------------------------------------------------------------------------------------------------------------------------------------------
Implementation plan--Section _.121(b): Recordkeeping.................... 2 330.0 On Occasion.................. 660
Ongoing.
Documentation of advanced systems-- Recordkeeping.................... 2 19.0 On Occasion.................. 38
Section _.122(j): Ongoing.
Systems maintenance--Sections Recordkeeping.................... 2 27.9 On Occasion.................. 56
_.122(a), _123(a), _.124(a): Ongoing.
Supervisory approvals-- Recordkeeping.................... 2 16.8 On Occasion.................. 34
Sections_.122(d)-(h), _.132(b)(3),
_.132(d)(1), _.132(d)(1)(iii):
Ongoing.
Control, oversight and verification of Recordkeeping.................... 2 11.1 On Occasion.................. 22
systems--Sections _.122 to _.124:
Ongoing.
(CCR)--Section _.132(b)(2)(iii)(A): Recordkeeping.................... 1 80.0 On Occasion.................. 80
One-time.
(CCR)--Section _.132(b)(2)(iii)(A): Recordkeeping.................... 2 16.0 On Occasion.................. 32
Ongoing.
(CCR)--Section _.132(d)(2)(iv): One- Recordkeeping.................... 1 80.0 On Occasion.................. 80
time.
(CCR)--Section _.132(d)(2)(iv): Recordkeeping.................... 2 40.0 On Occasion.................. 80
Ongoing.
(CCR)--Section _.132(d)(3)(vi): One- Recordkeeping.................... 1 80.0 On Occasion.................. 80
time.
(CCR)--Section _.132(d)(3)(viii): One- Recordkeeping.................... 1 80.0 On Occasion.................. 80
time.
(CCR)--Section _.132(d)(3)(viii) Recordkeeping.................... 2 10.0 Quarterly.................... 80
Ongoing.
(CCR)--Section _.132(d)(3)(ix): One- Recordkeeping.................... 1 40.0 On Occasion.................. 40
time.
(CCR)--Section _.132(d)(3)(ix): Recordkeeping.................... 2 40.0 On Occasion.................. 80
Ongoing.
(CCR)--Section _.132(d)(3)(x): One- Recordkeeping.................... 1 20.0 On Occasion.................. 20
time.
(CCR)--Section _.132(d)(3)(xi): One- Recordkeeping.................... 1 40.0 On Occasion.................. 40
time.
(CCR)--Section _.132(d)(3)(xi): Recordkeeping.................... 2 40.0 On Occasion.................. 80
Ongoing.
[[Page 34670]]
(OC)--Section _.141(b)(3), Recordkeeping.................... 1 40.0 On Occasion.................. 40
_.141(c)(1), _.141(c)(2)(i)-(ii),
_.153: One-time.
(OC)--Section _.141(c)(2)(i)-(ii): Recordkeeping.................... 2 10.0 Quarterly.................... 80
Ongoing.
Sections _.142 and _.171: Ongoing..... Disclosure....................... 2 5.8 On Occasion.................. 12
(CCB and CCYB)--Section _.173, Table 4 Disclosure....................... 2 35.0 Quarterly.................... 280
(CR) _.173, Table 5 (Securitization)
_.173, Table 9 (IRR) _.173, Table 12:
Ongoing.
(CCB and CCYB)--Section _.173, Table 4 Disclosure....................... 1 280.0 On Occasion.................. 280
(CR) Section _.173, Table 5 (Sec.)
Section _.173, Table 9 (IRR) Section
_.173, Table 12: One-time.
Subtotal: One-time Recordkeeping ................................. .............. .............. ............................. 740
and Disclosure.
Subtotal: Ongoing Recordkeeping ................................. .............. .............. ............................. 1,533
and Disclosure.
-----------------------------------------------------------------------------------------------------------------
Total Recordkeeping and ................................. .............. .............. ............................. 2,273
Disclosure.
--------------------------------------------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------------------------------------------
Estimated Total annual
Minimum regulatory capital ratios: Type of burden number of Estimated time Frequency of response estimated
recordkeeping respondents per response burden
--------------------------------------------------------------------------------------------------------------------------------------------------------
(CCR Operational Requirements)-- Recordkeeping.................... 3,787 16.0 On Occasion.................. 60,592
Sections _.3(c)
and_.22(h)(2)(iii)(A): Ongoing.
Subtotal: One-time Recordkeeping.. ................................. .............. .............. ............................. 0
Subtotal: Ongoing Recordkeeping... ................................. .............. .............. ............................. 60,592
-----------------------------------------------------------------------------------------------------------------
Total Recordkeeping........... ................................. .............. .............. ............................. 60,592
--------------------------------------------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------------------------------------------
Estimated Total annual
Standardized approach: recordkeeping Type of burden number of Estimated time Frequency of response estimated
and disclosure respondents per response burden
--------------------------------------------------------------------------------------------------------------------------------------------------------
(QCCP)--Section _.35(b)(3)(i)(A): One- Recordkeeping.................... 1 2.0 On Occasion.................. 2
time.
(QCCP)--Section _.35(b)(3)(i)(A): Recordkeeping.................... 3,787 2.0 On Occasion.................. 7,574
Ongoing.
(CT)--Section _.37(c)(4)(i)(E): One- Recordkeeping.................... 1 80.0 On Occasion.................. 80
time.
(CT)--Section _.37(c)(4)(i)(E): Recordkeeping.................... 3,787 16.0 On Occasion.................. 60,592
Ongoing.
(SE)--Section _.41(b)(3) and Recordkeeping.................... 1 40.0 On Occasion.................. 40
_.41(c)(2)(i): One-time.
(SE)--Section _.41(c)(2)(i): Ongoing.. Recordkeeping.................... 3,787 2.0 On Occasion.................. 7,574
(S.E.)--Section _.42(e)(2), (C.R.) Disclosure....................... 1 226.3 On Occasion.................. 226
Sections_.62(a),(b),& (c), (Q&Q)
Sections _.63(a) & (b): One-time.
(S.E.)--Section _.42(e)(2), (C.R.) Disclosure....................... 1 131.3 Quarterly.................... 525
Sections_.62(a),(b),& (c), (Q&Q)
Sections_.63(a) & (b) and _.63
Tables: Ongoing.
Subtotal: One-time Recordkeeping ................................. .............. .............. ............................. 348
and Disclosure.
Subtotal: Ongoing Recordkeeping ................................. .............. .............. ............................. 76,265
and Disclosure.
-----------------------------------------------------------------------------------------------------------------
Total Recordkeeping and ................................. .............. .............. ............................. 76,613
Disclosure.
-----------------------------------------------------------------------------------------------------------------
Total Burden Hours............ ................................. .............. .............. ............................. 139,478
--------------------------------------------------------------------------------------------------------------------------------------------------------
General Description of Collection: This collection comprises the
disclosure and recordkeeping requirements associated with minimum
capital requirements and overall capital adequacy standards for insured
state nonmember banks, state savings associations, and certain
subsidiaries of those entities. The data is used by the FDIC to
evaluate capital before approving various applications by insured
depository institutions, to evaluate capital as an essential component
in determining safety and soundness, and to determine whether an
institution is subject to prompt corrective action provisions.
There is no change in the method or substance of the collection.
The overall reduction in burden hours is a result of economic
fluctuation. In particular, the number of respondents has decreased
while the hours per response remain the
[[Page 34671]]
same. The overall reduction in burden hours also reflects a decrease in
the number of entities that will incur any one-time implementation
burden, as a majority of the entities have already fully implemented
the one-time requirements associated with the rule.
Request for Comment
Comments are invited on: (a) Whether the collections of information
are necessary for the proper performance of the FDIC's functions,
including whether the information has practical utility; (b) the
accuracy of the estimates of the burden of the information collections,
including the validity of the methodology and assumptions used; (c)
ways to enhance the quality, utility, and clarity of the information to
be collected; and (d) ways to minimize the burden of the collections of
information on respondents, including through the use of automated
collection techniques or other forms of information technology. All
comments will become a matter of public record.
Dated at Washington, DC, this 20th day of July, 2017.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2017-15617 Filed 7-25-17; 8:45 am]
BILLING CODE 6714-01-P
