Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company, 11545-11546 [2019-05773]

Download as PDF Federal Register / Vol. 84, No. 59 / Wednesday, March 27, 2019 / Notices processing operations, an approach that started in 2015. The Board also proposes to discontinue the FR 3066d, which was designed to serve as a supplemental collection to the FR 3066a and FR 3066b, targeted at specific payment issues. If such a supplement is needed in the future, the Federal Reserve would likely utilize the Payments Research Survey (FR 3067; OMB Control No. 7100–0355). Legal authorization and confidentiality: The information obtained from the FR 3066 may be used in support of the Board’s development and implementation of regulations, interpretations, and supervisory guidance for various payments, consumer protection, and other laws. Therefore, the FR 3066 is authorized pursuant to the Board’s authority under the following statutes: • Section 609 of the Expedited Funds Availability Act (12 U.S.C. 4008) • Sections 904 and 920 of the Electronic Fund Transfer Act (15 U.S.C. 1693b, 1693o–2) • Section 105 of the Truth In Lending Act (15 U.S.C. 1604) • Section 15 of the Check Clearing for the 21st Century Act (12 U.S.C. 5014) Sections 11, 11A, 13, and 16 of the Federal Reserve Act (12 U.S.C. 248, 248a, 342, 248–1, 360, and 411) The FR 3066 is voluntary. Information collected on the FR 3066 is granted confidential treatment under exemption (b)(4) of the Freedom of Information Act, 5 U.S.C. 552(b)(4), which protects from disclosure ‘‘trade secrets and commercial or financial information obtained from a person and privileged or confidential.’’ Consultation outside the agency: As part of the routine execution of the surveys, the contractors that recruit responses and collect survey data engage with potential participants to review, explain, and obtain feedback about the surveys. These conversations help to develop or revise proposed questions to make them as relevant to and substantively consistent with industry practices as possible. Board of Governors of the Federal Reserve System, March 21, 2019. Michele Taylor Fennell, Assistant Secretary of the Board. [FR Doc. 2019–05823 Filed 3–26–19; 8:45 am] BILLING CODE 6210–01–P VerDate Sep<11>2014 21:13 Mar 26, 2019 Jkt 247001 FEDERAL RESERVE SYSTEM Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company The notificants listed below have applied under the Change in Bank Control Act (‘‘Act’’) (12 U.S.C. 1817(j)) and § 225.41 of the Board’s Regulation Y (12 CFR 225.41) to acquire shares of a bank or bank holding company. The factors that are considered in acting on the notices are set forth in paragraph 7 of the Act (12 U.S.C. 1817(j)(7)). The notices are available for immediate inspection at the Federal Reserve Bank indicated. The notices also will be available for inspection at the offices of the Board of Governors. Interested persons may express their views in writing to the Reserve Bank indicated for that notice or to the offices of the Board of Governors. Comments must be received not later than April 15, 2019. A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant Vice President) 230 South LaSalle Street, Chicago, Illinois 60690–1414: 1. John Scott Thomson, as trustee of both the John H. Thomson Residuary Trust and the FJT Grandchildren’s Trust, John Scott Thomson and Stephanie Carol Thomson, as cotrustees of the Thomson Grandchildren’s Trust, together with Stephanie Carol Thomson as co-trustee of the John Scott Thomson Family Trust, all of Cresco, Iowa; to retain voting shares of How-Win Development Co. and thereby to indirectly retain CUSB Bank, both of Cresco, Iowa. Board of Governors of the Federal Reserve System, March 22, 2019. Yao-Chin Chao, Assistant Secretary of the Board. [FR Doc. 2019–05862 Filed 3–26–19; 8:45 am] BILLING CODE P FEDERAL RESERVE SYSTEM Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company The notificants listed below have applied under the Change in Bank Control Act (‘‘Act’’) (12 U.S.C. 1817(j)) and § 225.41 of the Board’s Regulation Y (12 CFR 225.41) to acquire shares of a bank or bank holding company. The factors that are considered in acting on the notices are set forth in paragraph 7 of the Act (12 U.S.C. 1817(j)(7)). The notices are available for immediate inspection at the Federal Reserve Bank indicated. The notices PO 00000 Frm 00064 Fmt 4703 Sfmt 4703 11545 also will be available for inspection at the offices of the Board of Governors. Interested persons may express their views in writing to the Reserve Bank indicated for that notice or to the offices of the Board of Governors. Comments must be received not later than April 12, 2019. A. Federal Reserve Bank of New York (Ivan Hurwitz, Senior Vice President) 33 Liberty Street, New York, New York 10045–0001. Comments can also be sent electronically to Comments.applications@ny.frb.org: 1. SNBNY Holdings, Gibraltar, Gibraltar; to acquire voting shares of Safra National Bank of New York, New York. B. Federal Reserve Bank of St. Louis (David L. Hubbard, Senior Manager) P.O. Box 442, St. Louis, Missouri 63166–2034. Comments can also be sent electronically to Comments.applications@stls.frb.org: 1. Boyd Rothwell and Diana Rothwell, Little Rock, Arkansas, individually and as members of a family control group that also includes PRS, LLC, Little Rock, Arkansas and Lois Rothwell, Bush, Louisiana; to retain shares of Capital Bancshares, Inc., Little Rock, Arkansas, and thereby retain shares of Capital Bank, Little Rock, Arkansas. 2. G. Warren Stephenson and Martha Stephenson individually, and as members of a family control group, which also includes PRS, LLC, all of Little Rock, Arkansas; to retain shares of Capital Bancshares, Inc., Little Rock, Arkansas, and thereby retain shares of Capital Bank, Little Rock, Arkansas. C. Federal Reserve Bank of Minneapolis (Mark A. Rauzi, Vice President), 90 Hennepin Avenue, Minneapolis, Minnesota 55480–0291: 1. Joseph W. Bosshard, Boulder, Colorado, Makenzie B. Bosshard, Minneapolis, Minnesota, Carlista M. Bosshard, Auburn Alabama, and John Bosshard, Chicago, Illinois, for approval to retain shares of Bosshard Banco, Ltd., La Crosse, Wisconsin (Bosshard Banco) and join the Bosshard Family Group that controls Bosshard Banco. In addition, Andrew R. Bosshard, La Crosse, Wisconsin; to acquire additional shares and retain shares of Bosshard Banco, and thereby retain and acquire shares of First National Bank of Bangor, Wisconsin, and Intercity State Bank, Schofield, Wisconsin. D. Federal Reserve Bank of Dallas (Robert L. Triplett III, Senior Vice President) 2200 North Pearl Street, Dallas, Texas 75201–2272: 1. Lonnie Ken Pilgrim, individually and as trustee of the The Lonnie Ken Pilgrim 2003 GST Trust, The Lonnie Ken Pilgrim 1999 Issue Trust, The LKP 2012 E:\FR\FM\27MRN1.SGM 27MRN1 11546 Federal Register / Vol. 84, No. 59 / Wednesday, March 27, 2019 / Notices GST Trust, The Greta Pilgrim Owens 2003 GST Trust, The Greta Pilgrim Owens 1999 Issue Trust, and The GPO 2012 Trust, Pittsburg, Texas; Steve Capps, individually and as trustee of the The Lonnie Ken Pilgrim 2003 GST Trust, The Lonnie Ken Pilgrim 1999 Issue Trust, The LKP 2012 GST Trust, The Greta Pilgrim Owens 2003 GST Trust, The Greta Pilgrim Owens 1999 Issue Trust, and The GPO 2012 Trust, Mount Pleasant, Texas; Lanny Brenner, as trustee of the The Lonnie Ken Pilgrim 2003 GST Trust, The Lonnie Ken Pilgrim 1999 Issue Trust, The LKP 2012 GST Trust, The Greta Pilgrim Owens 2003 GST Trust, The Greta Pilgrim Owens 1999 Issue Trust, and The GPO 2012 Trust, Pittsburg, Texas; Greta Pilgrim Henson, Dallas, Texas; Greta Gail Pilgrim Simpson, Tyler, Texas; and Lonnie Jaggers Pilgrim, Mount Vernon, Texas, as a group acting in concert; to retain shares of Pilgrim Bancorporation, Mount Pleasant, Texas, and indirectly retain shares of Pilgrim Bank, Pittsburg, Texas. Board of Governors of the Federal Reserve System, March 21, 2019. Yao-Chin Chao, Assistant Secretary of the Board. [FR Doc. 2019–05773 Filed 3–26–19; 8:45 am] BILLING CODE P FEDERAL RESERVE SYSTEM Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB Board of Governors of the Federal Reserve System. SUMMARY: The Board of Governors of the Federal Reserve System (Board) is adopting a proposal to extend for three years, with revision, the Complex Institution Liquidity Monitoring Report (FR 2052a; OMB No. 7100–0361). The revisions are applicable as of March 31, 2019. 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. Office of Management and Budget (OMB) Desk Officer—Shagufta Ahmed— Office of Information and Regulatory Affairs, Office of Management and Budget, New Executive Office Building, AGENCY: VerDate Sep<11>2014 21:13 Mar 26, 2019 Jkt 247001 Room 10235, 725 17th Street NW, Washington, DC 20503, or by fax to (202) 395–6974. SUPPLEMENTARY INFORMATION: On June 15, 1984, the Office of Management and Budget (OMB) delegated to the Board authority under the Paperwork Reduction Act (PRA) to approve and assign OMB control numbers to collection of information requests and requirements conducted or sponsored by the Board. Board-approved collections of information are incorporated into the official OMB inventory of currently approved collections of information. Copies of the Paperwork Reduction Act Submission, supporting statements and approved collection of information instrument(s) are placed into OMB’s public docket files. The Federal Reserve may not conduct or sponsor, and the respondent is not required to respond to, an information collection that has been extended, revised, or implemented on or after October 1, 1995, unless it displays a currently valid OMB control number. Final approval under OMB delegated authority of the extension for three years, with revision, of the following information collection: Report title: Complex Institution Liquidity Monitoring Report. Agency form number: FR 2052a. OMB control number: 7100–0361. Effective date: March 31, 2019. Frequency: Monthly, or each business day (daily). Respondents: Certain 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 hours; daily, 220 hours. Estimated annual burden hours: 717,600 hours. General description of report: The FR 2052a is filed by U.S. BHCs and SLHCs that are subject to the Liquidity Coverage Ratio rule (LCR rule) as a ‘‘covered depository institution holding company,’’ as defined in section 249.3 of the Board’s Regulation WW (12 CFR 249.3) (collectively, U.S. firms),1 with total consolidated assets of $50 billion or more and FBOs, as defined by section 211.21(o) of the Board’s Regulation K and including any U.S. bank holding company that is a subsidiary of an FBO, with combined U.S. assets of $50 billion or more.2 Reporting frequency is based 1 BHCs that are subsidiaries of an FBO are excluded from the definition of ‘‘U.S firm.’’ 2 The Board has stated that it will not take action to require bank holding companies or savings and PO 00000 Frm 00065 Fmt 4703 Sfmt 4703 on the asset size of the firm and whether it has been identified as a firm supervised through the Large Institution Supervision Coordinating Committee of the Board. The FR 2052a is used to monitor the overall liquidity profile of certain 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 reports that detail funding vulnerabilities. Legal authorization and confidentiality: The FR 2052a report is authorized to be collected from BHCs pursuant to section 5(c) of the Bank Holding Company Act (BHC Act), 12 U.S.C. 1844(c); from FBOs pursuant to section 8(a) of the International Banking Act, 12 U.S.C. 3106(a); from certain BHCs and FBOs pursuant to section 165 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (DoddFrank Act), 12 U.S.C. 5365; and from SLHCs pursuant to section 10(b)(2) and (g) of the Home Owners’ Loan Act (HOLA), 12 U.S.C. 1467a(b)(2) and (g). Section 5(c) of the BHC Act authorizes the Board to require BHCs to submit reports to the Board regarding their financial condition, and section 8(a) of the International Banking Act subjects FBOs to the provisions of the BHC Act. Section 165 of the Dodd-Frank Act requires the Board to establish prudential standards, including liquidity requirements, for certain BHCs and FBOs. Section 10(g) of HOLA authorizes the Board to collect reports from SLHCs. The FR 2052a report is mandatory for covered institutions. The information required to be provided on the FR 2052a is collected as part of the Board’s supervisory loan holding companies with less than $100 billion in total consolidated assets to comply with certain existing regulatory requirements, including the requirements to report the 2052a. See Statement regarding the impact of the Economic Growth, Regulatory Relief, and Consumer Protection Act (July 6, 2018), available at https:// www.federalreserve.gov/newsevents/pressreleases/ files/bcreg20180706b1.pdf. Subsequently, the Board invited comment on a proposal that would more closely match the regulations for large banking organizations with their risk profiles, which included proposals that would affect the scope of application of the FR 2052a. The press release is available at https://www.federalreserve.gov/ newsevents/pressreleases/bcreg20181031a.htm. E:\FR\FM\27MRN1.SGM 27MRN1

Agencies

[Federal Register Volume 84, Number 59 (Wednesday, March 27, 2019)]
[Notices]
[Pages 11545-11546]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-05773]


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FEDERAL RESERVE SYSTEM


Change in Bank Control Notices; Acquisitions of Shares of a Bank 
or Bank Holding Company

    The notificants listed below have applied under the Change in Bank 
Control Act (``Act'') (12 U.S.C. 1817(j)) and Sec.  225.41 of the 
Board's Regulation Y (12 CFR 225.41) to acquire shares of a bank or 
bank holding company. The factors that are considered in acting on the 
notices are set forth in paragraph 7 of the Act (12 U.S.C. 1817(j)(7)).
    The notices are available for immediate inspection at the Federal 
Reserve Bank indicated. The notices also will be available for 
inspection at the offices of the Board of Governors. Interested persons 
may express their views in writing to the Reserve Bank indicated for 
that notice or to the offices of the Board of Governors. Comments must 
be received not later than April 12, 2019.
    A. Federal Reserve Bank of New York (Ivan Hurwitz, Senior Vice 
President) 33 Liberty Street, New York, New York 10045-0001. Comments 
can also be sent electronically to Comments.applications@ny.frb.org:
    1. SNBNY Holdings, Gibraltar, Gibraltar; to acquire voting shares 
of Safra National Bank of New York, New York.
    B. Federal Reserve Bank of St. Louis (David L. Hubbard, Senior 
Manager) P.O. Box 442, St. Louis, Missouri 63166-2034. Comments can 
also be sent electronically to Comments.applications@stls.frb.org:
    1. Boyd Rothwell and Diana Rothwell, Little Rock, Arkansas, 
individually and as members of a family control group that also 
includes PRS, LLC, Little Rock, Arkansas and Lois Rothwell, Bush, 
Louisiana; to retain shares of Capital Bancshares, Inc., Little Rock, 
Arkansas, and thereby retain shares of Capital Bank, Little Rock, 
Arkansas.
    2. G. Warren Stephenson and Martha Stephenson individually, and as 
members of a family control group, which also includes PRS, LLC, all of 
Little Rock, Arkansas; to retain shares of Capital Bancshares, Inc., 
Little Rock, Arkansas, and thereby retain shares of Capital Bank, 
Little Rock, Arkansas.
    C. Federal Reserve Bank of Minneapolis (Mark A. Rauzi, Vice 
President), 90 Hennepin Avenue, Minneapolis, Minnesota 55480-0291:
    1. Joseph W. Bosshard, Boulder, Colorado, Makenzie B. Bosshard, 
Minneapolis, Minnesota, Carlista M. Bosshard, Auburn Alabama, and John 
Bosshard, Chicago, Illinois, for approval to retain shares of Bosshard 
Banco, Ltd., La Crosse, Wisconsin (Bosshard Banco) and join the 
Bosshard Family Group that controls Bosshard Banco. In addition, Andrew 
R. Bosshard, La Crosse, Wisconsin; to acquire additional shares and 
retain shares of Bosshard Banco, and thereby retain and acquire shares 
of First National Bank of Bangor, Wisconsin, and Intercity State Bank, 
Schofield, Wisconsin.
    D. Federal Reserve Bank of Dallas (Robert L. Triplett III, Senior 
Vice President) 2200 North Pearl Street, Dallas, Texas 75201-2272:
    1. Lonnie Ken Pilgrim, individually and as trustee of the The 
Lonnie Ken Pilgrim 2003 GST Trust, The Lonnie Ken Pilgrim 1999 Issue 
Trust, The LKP 2012

[[Page 11546]]

GST Trust, The Greta Pilgrim Owens 2003 GST Trust, The Greta Pilgrim 
Owens 1999 Issue Trust, and The GPO 2012 Trust, Pittsburg, Texas; Steve 
Capps, individually and as trustee of the The Lonnie Ken Pilgrim 2003 
GST Trust, The Lonnie Ken Pilgrim 1999 Issue Trust, The LKP 2012 GST 
Trust, The Greta Pilgrim Owens 2003 GST Trust, The Greta Pilgrim Owens 
1999 Issue Trust, and The GPO 2012 Trust, Mount Pleasant, Texas; Lanny 
Brenner, as trustee of the The Lonnie Ken Pilgrim 2003 GST Trust, The 
Lonnie Ken Pilgrim 1999 Issue Trust, The LKP 2012 GST Trust, The Greta 
Pilgrim Owens 2003 GST Trust, The Greta Pilgrim Owens 1999 Issue Trust, 
and The GPO 2012 Trust, Pittsburg, Texas; Greta Pilgrim Henson, Dallas, 
Texas; Greta Gail Pilgrim Simpson, Tyler, Texas; and Lonnie Jaggers 
Pilgrim, Mount Vernon, Texas, as a group acting in concert; to retain 
shares of Pilgrim Bancorporation, Mount Pleasant, Texas, and indirectly 
retain shares of Pilgrim Bank, Pittsburg, Texas.

    Board of Governors of the Federal Reserve System, March 21, 
2019.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2019-05773 Filed 3-26-19; 8:45 am]
 BILLING CODE P