Notice to All Interested Parties of Intent To Terminate Receivership, 38693 [2018-16833]

Download as PDF 38693 Federal Register / Vol. 83, No. 152 / Tuesday, August 7, 2018 / Notices SUMMARY OF ANNUAL BURDEN Type of burden Notice Regarding Assessment Credits. Total Hourly Burden ......... Obligation to respond Reporting ................ Required to Obtain or Retain Benefits. ................................. ......................................... Estimated number of respondents General Description of Collection Section 7(e)(3) of the Federal Deposit Insurance Act (12 U.S.C. 1817(e)(3)) (FDI Act), as amended by the Federal Deposit Insurance Reform Act of 2005, requires that the FDIC provide by regulation an initial, one-time assessment credit to each ‘‘eligible’’ insured depository institution (or its successor) based on the assessment base of the institution as of December 31, 1996, as compared to the combined aggregate assessment base of all eligible institutions as of that date, taking into account such other factors as the FDIC Board of Directors determines to be appropriate. The one-time credits must, with certain exceptions, be applied by the FDIC to the maximum extent allowed by law to the assessments imposed on such institution that become due for assessment periods beginning after the effective date of the one-time credit regulations until such time as the credit is exhausted. For assessments that become due for assessment periods beginning in fiscal years 2008, 2009, and 2010, the FDI Act provides that credits may not be applied Estimated frequency of responses Estimated time per response Total annual estimated burden (hours) Frequency of response 2 1 2 On occasion ............. 4 .................... .................... .................... .................................. 4 to more than 90 percent of an institution’s assessment. FDIC-insured institutions must notify the FDIC if their one-time assessment credit is transferred, e.g., through a sale of the credits or through a merger, so that the FDIC can accurately track such transfers, apply available credits appropriately against institutions’ deposit insurance assessments, and determine an institution’s 1996 assessment base if the transaction involved both the base and the credit amount. The need for credit transfer information will expire when the credit pool has been exhausted. There is no change in the method or substance of the collection and the burden remains unchanged from the previous Paperwork Reduction Act submission. 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 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 August 2, 2018. Federal Deposit Insurance Corporation. Robert E. Feldman, Executive Secretary. [FR Doc. 2018–16846 Filed 8–6–18; 8:45 am] BILLING CODE 6714–01–P FEDERAL DEPOSIT INSURANCE CORPORATION Notice to All Interested Parties of Intent To Terminate Receivership Notice is hereby given that the Federal Deposit Insurance Corporation (FDIC or Receiver) as Receiver for the institution listed below intends to terminate its receivership for said institution. NOTICE OF INTENT TO TERMINATE RECEIVERSHIP Receivership name City 10407 ................................................. daltland on DSKBBV9HB2PROD with NOTICES Fund Decatur First Bank ............................. Decatur .............................................. The liquidation of the assets for the receivership 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 VerDate Sep<11>2014 19:05 Aug 06, 2018 Jkt 244001 comment must be made in writing, identify the receivership to which the comment pertains, 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. Dated at Washington, DC, on August 2, 2018. PO 00000 Frm 00017 Fmt 4703 Sfmt 4703 State GA Date of appointment of receiver 10/21/2011 Federal Deposit Insurance Corporation. Robert E. Feldman, Executive Secretary. [FR Doc. 2018–16833 Filed 8–6–18; 8:45 am] BILLING CODE 6714–01–P FEDERAL DEPOSIT INSURANCE CORPORATION Notice of Termination of Receiverships The Federal Deposit Insurance Corporation (FDIC or Receiver), as Receiver for each of the following insured depository institutions, was E:\FR\FM\07AUN1.SGM 07AUN1

Agencies

[Federal Register Volume 83, Number 152 (Tuesday, August 7, 2018)]
[Notices]
[Page 38693]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-16833]


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FEDERAL DEPOSIT INSURANCE CORPORATION


Notice to All Interested Parties of Intent To Terminate 
Receivership

    Notice is hereby given that the Federal Deposit Insurance 
Corporation (FDIC or Receiver) as Receiver for the institution listed 
below intends to terminate its receivership for said institution.

                                   Notice of Intent To Terminate Receivership
----------------------------------------------------------------------------------------------------------------
                                                                                                      Date of
               Fund                   Receivership name            City               State       appointment of
                                                                                                     receiver
----------------------------------------------------------------------------------------------------------------
10407.............................  Decatur First Bank...  Decatur.............  GA                   10/21/2011
----------------------------------------------------------------------------------------------------------------

    The liquidation of the assets for the receivership 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, 
identify the receivership to which the comment pertains, 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.

    Dated at Washington, DC, on August 2, 2018.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2018-16833 Filed 8-6-18; 8:45 am]
 BILLING CODE 6714-01-P
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