Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 18565-18566 [2018-08950]

Download as PDF daltland on DSKBBV9HB2PROD with NOTICES Federal Register / Vol. 83, No. 82 / Friday, April 27, 2018 / Notices form number in the subject line of the message. • Fax: (202) 452–3819 or (202) 452– 3102. • Mail: Ann E. Misback, Secretary, Board of Governors of the Federal Reserve System, 20th Street and Constitution Avenue NW, Washington, DC 20551. All public comments are available from the Board’s website at www.federalreserve.gov/generalinfo/ foia/ProposedRegs.cfm as submitted, unless modified for technical reasons. Accordingly, your comments will not be edited to remove any identifying or contact information. Public comments may also be viewed electronically or in paper form in Room 3515, 1801 K Street NW (between 18th and 19th Streets NW), Washington, DC 20006, between 9:00 a.m. and 5:00 p.m. on weekdays. Additionally, commenters may send a copy of their comments to the OMB desk officer for the agencies by mail to the Office of Information and Regulatory Affairs, U.S. Office of Management and Budget, New Executive Office Building, Room 10235, 725 17th Street NW, Washington, DC 20503; by fax to (202) 395–6974; or by email to oira_ submission@omb.eop.gov. FOR FURTHER INFORMATION CONTACT: For further information about the proposed extension without revision of the FFIEC 019 discussed in this notice, please contact the agency staff member whose name appears below. In addition, a copy of the FFIEC 019 form can be obtained at the FFIEC’s website (https:// www.ffiec.gov/ffiec_report_forms.htm). Nuha Elmaghrabi, Federal Reserve Board Clearance Officer, (202) 452– 3884, Office of the Chief Data Officer, Board of Governors of the Federal Reserve System, 20th and C Streets NW, Washington, DC 20551. Telecommunications Device for the Deaf (TDD) users may call (202) 263–4869. SUPPLEMENTARY INFORMATION: The Board is proposing to extend for three years, without revision, the FFIEC 019. Report Title: Country Exposure Report for U.S. Branches and Agencies of Foreign Banks. Form Number: FFIEC 019. OMB Control Number: 7100–0213. Frequency of Response: Quarterly. Affected Public: Business or other forprofit. Respondents: All branches and agencies of foreign banks domiciled in the United States with total direct claims on foreign residents in excess of $30 million. Estimated Number of Respondents: 156. Estimated Average Burden per Response: 10 hours. VerDate Sep<11>2014 18:18 Apr 26, 2018 Jkt 244001 Estimated Total Annual Burden: 6,240 hours. Type of Review: Extension of currently approved collection. I. General Description of Report This information collection is required pursuant to sections 7 and 13 of the International Banking Act (12 U.S.C. 3105 and 3108) for the Board, sections 7 and 10 of the Federal Deposit Insurance Act (12 U.S.C. 1817 and 1820) for the FDIC, and the National Bank Act (12 U.S.C. 161) as applied through section 4 of the International Banking Act (12 U.S.C. 3102) for the OCC. The FFIEC 019 is given confidential treatment consistent with 5 U.S.C. 552(b)(4) and (b)(8). Abstract The FFIEC 019 report must be filed by each U.S. branch or agency of a foreign bank that has total direct claims on foreign residents in excess of $30 million. The branch or agency reports its total exposure (1) to residents of its home country, and (2) to the other five foreign nations to which its exposure is largest and is at least $20 million. The home country exposure must be reported regardless of the size of the total claims for that nation. Each respondent must report by country, as appropriate, the information on its direct claims (assets such as deposit balances with banks, loans, or securities), indirect claims (which include guarantees), and total adjusted claims on foreign residents, as well as information on commitments. The respondent also must report information on claims on related non-U.S. offices that are included in total adjusted claims on the home country, as well as a breakdown for the home country and each other reported country of adjusted claims on unrelated foreign residents by the sector of borrower or guarantor, and by maturity (in two categories: One year or less, and over one year). The Federal Reserve System collects and processes this report on behalf of all three agencies. II. Current Actions The FFIEC has approved the Board’s publication for public comment of a proposal to extend for three years, without revision, the FFIEC 019. III. Request for Comment The FFIEC 019 has remained substantially the same, including with respect to the reporting scope and thresholds, since its original adoption in May 1997. Although the agencies are not proposing any revisions to the FFIEC 019, they are interested in PO 00000 Frm 00065 Fmt 4703 Sfmt 4703 18565 respondents’ views on potential revisions they should consider in future proposals. This includes views on whether and how to adjust the $20 million minimum threshold for reporting a non-home foreign country exposure and whether to change the number of non-home foreign countries over that threshold that are reported. Public comment is requested on all aspects of this notice. Comment is also specifically invited on: a. Whether the information collection is necessary for the proper performance of the agencies’ functions, including whether the information has practical utility; b. The accuracy of the agencies’ estimate of the burden of the information collection, including the validity of the methodology and assumptions used; c. Ways to enhance the quality, utility, and clarity of the information to be collected; d. Ways to minimize the burden of the information 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. Comments submitted to the Board in response to this notice will be shared with the other agencies. All comments will become a matter of public record. Board of Governors of the Federal Reserve System, April 23, 2018. Ann Misback, Secretary of the Board. [FR Doc. 2018–08838 Filed 4–26–18; 8:45 am] BILLING CODE 6210–01–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 E:\FR\FM\27APN1.SGM 27APN1 18566 Federal Register / Vol. 83, No. 82 / Friday, April 27, 2018 / Notices 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 May 24, 2018. A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant Vice President) 230 South LaSalle Street, Chicago, Illinois 60690–1414: 1. QCR Holdings, Inc., Moline, Illinois; to acquire 100 percent of the voting shares of Springfield Bancshares, Inc. and thereby indirectly acquire Springfield First Community Bank, both of Springfield, Missouri. B. Federal Reserve Bank of Minneapolis (Mark A. Rauzi, Vice President), 90 Hennepin Avenue, Minneapolis, Minnesota 55480–0291: 1. Security Financial Services Corporation, Durand, Wisconsin; to acquire 100 percent of voting shares of Pioneer Acquisition Corporation, and thereby acquire shares of Pioneer Bank of Wisconsin, both of Ladysmith, Wisconsin. Board of Governors of the Federal Reserve System, April 24, 2018. Ann Misback, Secretary of the Board. [FR Doc. 2018–08950 Filed 4–26–18; 8:45 am] BILLING CODE 6210–01–P DEPARTMENT OF DEFENSE GENERAL SERVICES ADMINISTRATION NATIONAL AERONAUTICS AND SPACE ADMINISTRATION daltland on DSKBBV9HB2PROD with NOTICES [OMB Control No. 9000–0010; Docket No. 2018–0053; Sequence No. 1] Information Collection; Progress Payments (SF–1443) A. Overview of Information Collection Department of Defense (DOD), General Services Administration (GSA), and National Aeronautics and Space Administration (NASA). ACTION: Notice and request for comments. AGENCIES: VerDate Sep<11>2014 18:18 Apr 26, 2018 Jkt 244001 In accordance with the Paperwork Reduction Act of 1995 and the Office of Management and Budget (OMB) regulations, the FAR Council invites the public to comment upon a renewal for the Standard Form (SF) 1443, Contractor’s Request for Progress Payment, and the Federal Acquisition Regulation (FAR) 52.232–16, Progress Payments. There are no changes to the existing information collection. DATES: Submit comments on or before June 26, 2018. ADDRESSES: The FAR Council invites interested persons to submit comments on this collection by either of the following methods: • Federal eRulemaking Portal: This website provides the ability to type short comments directly into the comment field or attach a file for lengthier comments. Go to https:// www.regulations.gov and follow the instructions on the site. • Mail: General Services Administration, Regulatory Secretariat Division (MVCB), 1800 F Street NW, Washington, DC 20405. ATTN: Ms. Mandell/IC 9000–0010, Progress Payments, SF 1443. Instructions: All items submitted must cite Information Collection 9000– 0010, Progress Payments, SF 1443. Comments received in response to this docket will be made available for public inspection and posted without change, including any personal information, at https://www.regulations.gov. Comments received generally will be posted without change to https:// www.regulations.gov, including any personal and/or business confidential information provided. To confirm receipt of your comment(s), please check www.regulations.gov, approximately two to three days after submission to verify posting (except allow 30 days for posting of comments submitted by mail). This information collection is pending at the FAR Council. The Council will submit it to OMB within 60 days from the date of this notice. FOR FURTHER INFORMATION CONTACT: Ms. Zenaida Delgado, Procurement Analyst, at telephone 202–969–7207, or email zenaida.delgado@gsa.gov. SUPPLEMENTARY INFORMATION: SUMMARY: Description of the Information Collection 1. Type of Information Collection: Revision/Renewal of a currently approved collection. 2. Title of the Collection—Progress Payments, SF 1443 PO 00000 Frm 00066 Fmt 4703 Sfmt 4703 3. Agency form number, if any:— SF 1443 Solicitation of Public Comment Written comments and suggestions from the public should address one or more of the following four points: (1) Evaluate whether the collection of information is necessary for the proper performance of the functions of the agency, including whether the information will have practical utility; (2) Evaluate the accuracy of the agency’s estimate of the burden of the proposed collection of information, including the validity of the methodology and assumptions used; (3) Enhance the quality, utility, and clarity of the information to be collected; and (4) Minimize the burden of the collection of information on those who are to respond, including through the use of appropriate automated, electronic, mechanical, or other technological collection techniques or other forms of information technology, e.g., permitting electronic submission of responses. B. Purpose Certain Federal contracts provide for progress payments to be made to the contractor during performance of the contract. Pursuant to FAR clause 52.232–16 ‘‘Progress Payments,’’ contractors are required to request progress payments on Standard Form (SF) 1443, ‘‘Contractor’s Request for Progress Payment,’’ or an agency approved electronic equivalent. Additionally, contractors may be required to submit reports, certificates, financial statements, and other pertinent information, reasonably requested by the Contracting Officer. The contractual requirement for submission of reports, certificates, financial statements and other pertinent information is necessary for protection of the Government against financial loss through the making of progress payments. C. Annual Reporting Burden The Electronic Document Access system (DoD official contract file system) indicates that in Fiscal Year (FY) 2017, 19,755 DoD contract awards contain FAR clause 52.232–16, Progress Payments. The estimated total burden is as follows: Respondents: 19,755. Responses per Respondent: 32. Total Annual Responses: 632,160. Hours per Response: 0.42. Total Burden Hours: 265,507. Affected Public: Businesses or other for-profit and not-for-profit institutions. E:\FR\FM\27APN1.SGM 27APN1

Agencies

FEDERAL RESERVE SYSTEM

[Federal Register Volume 83, Number 82 (Friday, April 27, 2018)]
[Notices]
[Pages 18565-18566]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-08950]


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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

[[Page 18566]]

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 May 24, 2018.
    A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant 
Vice President) 230 South LaSalle Street, Chicago, Illinois 60690-1414:
    1. QCR Holdings, Inc., Moline, Illinois; to acquire 100 percent of 
the voting shares of Springfield Bancshares, Inc. and thereby 
indirectly acquire Springfield First Community Bank, both of 
Springfield, Missouri.
    B. Federal Reserve Bank of Minneapolis (Mark A. Rauzi, Vice 
President), 90 Hennepin Avenue, Minneapolis, Minnesota 55480-0291:
    1. Security Financial Services Corporation, Durand, Wisconsin; to 
acquire 100 percent of voting shares of Pioneer Acquisition 
Corporation, and thereby acquire shares of Pioneer Bank of Wisconsin, 
both of Ladysmith, Wisconsin.

    Board of Governors of the Federal Reserve System, April 24, 
2018.
Ann Misback,
Secretary of the Board.
[FR Doc. 2018-08950 Filed 4-26-18; 8:45 am]
 BILLING CODE 6210-01-P

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