Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 46163 [2018-19826]
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Federal Register / Vol. 83, No. 177 / Wednesday, September 12, 2018 / Notices
an ‘‘HVCRE ADC Loan,’’ as defined in
section 214 of EGRRCPA. Section 202 of
EGRRCPA also amended the statutory
definition of ‘‘brokered deposits.’’ The
current instructions for reporting
HVCRE and brokered deposits in the FR
Y–9C are inconsistent with these
provisions of EGRRCPA.
In order to avoid the regulatory
burden associated with different
definitions for HVCRE exposures and
brokered deposits within a single
organization, the Board has amended
the FR Y–9C instructions to permit bank
holding companies, savings and loan
holding companies, and intermediate
holding companies of foreign banks to
report HVCRE and brokered deposits on
the FR Y–9C report in a manner
consistent with their subsidiary
depository institution(s).
In order for the FR Y–9C to reflect
sections 202 and 214 of EGRRCPA,
which became effective immediately
when EGRRCPA was signed on May 24,
2018, the Board cannot comply with the
normal clearance process and still
receive the June 30, 2018, financial data
in a timely manner. Therefore, the
Board has determined that the revisions
to the FR Y–9C described above must be
instituted quickly and public
participation in the approval process
would substantially interfere with the
Board’s ability to perform its statutory
obligations arising from EGRRCPA.
Board of Governors of the Federal Reserve
System, September 7, 2018.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2018–19826 Filed 9–11–18; 8:45 am]
BILLING CODE 6210–01–P
FEDERAL RESERVE SYSTEM
Board of Governors of the Federal Reserve
System, September 6, 2018.
Michele Taylor Fennell,
Assistant Secretary of the Board.
Agency Information Collection
Activities: Announcement of Board
Approval Under Delegated Authority
[FR Doc. 2018–19676 Filed 9–11–18; 8:45 am]
AGENCY:
BILLING CODE 6210–01–P
FEDERAL RESERVE SYSTEM
Formations of, Acquisitions by, and
Mergers of Bank Holding Companies
daltland on DSKBBV9HB2PROD with NOTICES
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 October 8,
2018.
A. Federal Reserve Bank of Dallas
(Robert L. Triplett III, Senior Vice
President) 2200 North Pearl Street,
Dallas, Texas 75201–2272:
1. Veritex Holdings, Inc., Dallas,
Texas; to acquire Green Bancorp, Inc.,
and thereby indirectly acquire Green
Bank, National Association, both of
Houston, Texas.
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
VerDate Sep<11>2014
18:41 Sep 11, 2018
Jkt 244001
Board of Governors of the
Federal Reserve System.
SUMMARY: Notice is hereby given of
temporary approval of revisions to the
mandatory Complex Institution
Liquidity Monitoring Report (FR 2052a;
OMB No. 7100–0361) by the Board of
Governors of the Federal Reserve
System (Board) pursuant to the
authority delegated to the Board by the
Office of Management and Budget
(OMB), per OMB Regulations on
Controlling Paperwork Burdens on the
Public. The temporary approval is valid
until March 31, 2019.
DATES: The revisions are applicable as of
June 30, 2018.
FOR FURTHER INFORMATION CONTACT:
Federal Reserve Board Clearance
Officer—Nuha Elmaghrabi—Office of
the Chief Data Officer, Board of
Governors of the Federal Reserve
System, Washington, DC 20551, (202)
452–3829. Telecommunications Device
for the Deaf (TDD) users may contact
(202) 263–4869, Board of Governors of
the Federal Reserve System,
Washington, DC 20551.
PO 00000
Frm 00028
Fmt 4703
Sfmt 4703
46163
OMB Desk Officer—Shagufta
Ahmed—Office of Information and
Regulatory Affairs, Office of
Management and Budget, New
Executive Office Building, Room 10235,
725 17th Street NW, Washington, DC
20503 or by fax to (202) 395–6974.
SUPPLEMENTARY INFORMATION: On June
15, 1984, OMB delegated to the Board
authority under the Paperwork
Reduction Act (PRA) to temporarily
approve a revision to a collection of
information without providing
opportunity for public comment if the
Board determines that a change in an
existing collection must be instituted
quickly and that public participation in
the approval process would defeat the
purpose of the collection or
substantially interfere with the Board’s
ability to perform its statutory
obligation.
The Board’s delegated authority
requires that the Board, after
temporarily approving a collection,
publish a notice soliciting public
comment. The Board will publish a
notice in the future inviting comment
on these actions.
Final approval under OMB delegated
authority of the temporary revision of
the following report:
Report title: Complex Institution
Liquidity Monitoring Report.
Agency form number: FR 2052a.
OMB control number: 7100–0361.
Effective Date: June 30, 2018.
Frequency: Monthly, and each
business day (daily).
Respondents: U.S. bank holding
companies (BHCs), U.S. savings and
loan holding companies (SLHCs), and
foreign banking organizations (FBOs)
with U.S. assets.
Estimated number of respondents:
Monthly, 40; Daily, 12.
Estimated average hours per response:
Monthly, 120; Daily, 220.
Estimated annual burden hours:
717,600.
General description of report: The FR
2052a is used to monitor the overall
liquidity profile of institutions
supervised by the Board. These data
provide detailed information on the
liquidity risks within different business
lines (e.g., financing of securities
positions, prime brokerage activities). In
particular, these data serve as part of the
Board’s supervisory surveillance
program in its liquidity risk
management area and provide timely
information on firm-specific liquidity
risks during periods of stress. Analyses
of systemic and idiosyncratic liquidity
risk issues are then used to inform the
Board’s supervisory processes,
including the preparation of analytical
E:\FR\FM\12SEN1.SGM
12SEN1
]]>Agencies
[Federal Register Volume 83, Number 177 (Wednesday, September 12, 2018)]
[Notices]
[Page 46163]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-19826]
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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 October 8, 2018.
A. Federal Reserve Bank of Dallas (Robert L. Triplett III, Senior
Vice President) 2200 North Pearl Street, Dallas, Texas 75201-2272:
1. Veritex Holdings, Inc., Dallas, Texas; to acquire Green Bancorp,
Inc., and thereby indirectly acquire Green Bank, National Association,
both of Houston, Texas.
Board of Governors of the Federal Reserve System, September 7,
2018.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2018-19826 Filed 9-11-18; 8:45 am]
BILLING CODE 6210-01-P
