Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 24118 [2018-11118]

Download as PDF 24118 Federal Register / Vol. 83, No. 101 / Thursday, May 24, 2018 / Notices SUMMARY OF ANNUAL BURDEN Estimated number of respondents Estimated frequency of responses Mandatory ....... 680 12 0.25 Monthly ............ 2,040 Recordkeeping ............... Mandatory ....... 680 12 0.25 Monthly ............ 2,040 Third-Party Disclosure .... Mandatory ....... 680 12 5 Monthly ............ 40,800 Third-Party Disclosure .... Mandatory ....... 3,400 4 1.50 Quarterly ......... 20,400 ......................................... ......................... .................... .................... .................... ......................... 65,280 Type of burden Obligation to respond Recordkeeping and Confirmation Requirements for Securities Transactions—344.4. Maintain Securities Trading Policies and Procedures—344.8. Provide Customer with Copy of Broker/ Dealer Confirmation and Remuneration Received OR Written Notification or Alternative Notification—344.5 and 344.6. Officer/Employee Filing of Reports of Personal Securities Trading Transactions—344.9 (assumes 5 officers/employees at each institution with income from securities broker activity). Recordkeeping ............... Total hourly burden ........................... sradovich on DSK3GMQ082PROD with NOTICES General Description of Collection: The collection of information requirements are contained in 12 CFR part 344. The purpose of the regulation is to ensure that purchasers of securities in transactions affected by insured state nonmember banks are provided with adequate records concerning the transactions. The regulation is also designed to ensure that insured state nonmember banks maintain adequate records and controls with respect to the securities transactions they effect. Finally, this regulation requires officers and employees of FDIC-supervised institutions to report to the FDICsupervised institution certain personal securities trading activity. The FDIC has reviewed its previous submission related to the Paperwork Reduction Act of 1995 and has updated its methodology for calculating the burden in order to be consistent with the Federal Reserve Board and the Office of the Comptroller of the Currency. In addition, the FDIC has reviewed and revised its estimated number of respondents to ensure that only those institutions with income from securities brokerage activity are included its respondent count. The overall decrease in burden hours is the result of these changes. Request for Comment Comments are invited on: (a) Whether the collection of information is 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 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; and (d) ways to minimize the burden of the collection of information on respondents, including through the VerDate Sep<11>2014 18:10 May 23, 2018 Jkt 244001 use of automated collection techniques or other forms of information technology. All comments will become a matter of public record. Dated at Washington, DC, on May 21, 2018. Federal Deposit Insurance Corporation. Robert E. Feldman, Executive Secretary, [FR Doc. 2018–11182 Filed 5–23–18; 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 PO 00000 Frm 00038 Fmt 4703 Sfmt 4703 Estimated time per response Frequency of response Total annual estimated burden 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 June 19, 2018. A. Federal Reserve Bank of Atlanta (Kathryn Haney, Director of Applications) 1000 Peachtree Street NE, Atlanta, Georgia 30309. Comments can also be sent electronically to Applications.Comments@atl.frb.org: 1. First US Bancshares, Inc., Birmingham, Alabama; to acquire 100 percent of the voting shares of The Peoples Bank, Rose Hill, Virginia. 2. National Commerce Corporation, Birmingham, Alabama; to merge with Landmark Bancshares, Inc., and thereby indirectly acquire its subsidiary, First Landmark Bank, both of Marietta, Georgia. Board of Governors of the Federal Reserve System, May 21, 2018. Yao-Chin Chao, Assistant Secretary of the Board. [FR Doc. 2018–11118 Filed 5–23–18; 8:45 am] BILLING CODE P DEPARTMENT OF HEALTH AND HUMAN SERVICES Centers for Disease Control and Prevention Board of Scientific Counselors, Office of Public Health Preparedness and Response (BSC, OPHPR); Correction Notice is hereby given of a change in the meeting of the Board of Scientific Counselors, Office of Public Health Preparedness and Response, (BSC, OPHPR); May 9, 2018, 10:00 a.m.–5:30 p.m., EDT and May 10, 2018, 8:30 a.m.– 3:30 p.m., EDT which was published in E:\FR\FM\24MYN1.SGM 24MYN1

Agencies

[Federal Register Volume 83, Number 101 (Thursday, May 24, 2018)]
[Notices]
[Page 24118]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-11118]


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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 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 June 19, 2018.
    A. Federal Reserve Bank of Atlanta (Kathryn Haney, Director of 
Applications) 1000 Peachtree Street NE, Atlanta, Georgia 30309. 
Comments can also be sent electronically to 
[email protected]:
    1. First US Bancshares, Inc., Birmingham, Alabama; to acquire 100 
percent of the voting shares of The Peoples Bank, Rose Hill, Virginia.
    2. National Commerce Corporation, Birmingham, Alabama; to merge 
with Landmark Bancshares, Inc., and thereby indirectly acquire its 
subsidiary, First Landmark Bank, both of Marietta, Georgia.

    Board of Governors of the Federal Reserve System, May 21, 2018.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2018-11118 Filed 5-23-18; 8:45 am]
 BILLING CODE P