Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 72998-72999 [2022-25911]

Download as PDF 72998 Federal Register / Vol. 87, No. 227 / Monday, November 28, 2022 / Notices Submission, supporting statements (which contain more detailed information about the information collections and burden estimates than this notice), and approved collection of information instrument(s) are available at https://www.reginfo.gov/public/do/ PRAMain. These documents are also available on the Federal Reserve Board’s public website at https:// www.federalreserve.gov/apps/ reportingforms/home/review or may be requested from the agency clearance officer, whose name appears above. Final Approval Under OMB Delegated Authority of the Extension for Three Years, Without Revision, of the Following Information Collection Collection title: Savings Association Holding Company Report. Collection identifier: FR LL–(b)11. OMB control number: 7100–0334. General description of collection: Title III of the Dodd-Frank Wall Street Reform and Consumer Protection Act transferred to the Board the supervisory functions of the former Office of Thrift Supervision related to savings and loan holding companies (SLHCs) and their non-depository subsidiaries. Pursuant to section 10(b) of the Home Owners’ Loan Act (HOLA), the Board may require SLHCs to file reports concerning their operations. Following the transfer to the Board of authority to supervise SLHCs, the Board determined to exempt certain SLHCs (exempt SLHCs) from regulatory reporting using the Board’s existing regulatory reports, including the Consolidated Financial Statements for Holding Companies (FR Y–9C; OMB No. 7100–0128) and the Parent Company Only Financial Statements for Small Holding Companies (FR Y–9SP; OMB No. 7100–0128).1 An SLHC is an exempt SLHC if it (1) meets the requirements of section 10(c)(9)(C) of HOLA (i.e., it is a ‘‘legacy’’ unitary SLHC) and has primarily commercial assets, with thrift assets making up less than 5 percent of the SLHC’s consolidated assets 2 or (2) primarily holds insurance-related assets and does not submit financial reports with the SEC pursuant to sections 13 or 1 76 FR 81933 (December 29, 2011). a legacy unitary SLHC is exempt if (1) as calculated annually as of June 30th, using the four previous quarters (which includes the quarterended June 30th reporting period), its savings association subsidiaries’ consolidated assets make up less than 5 percent of the total consolidated assets of the legacy SLHC on an enterprise-wide basis for any of these four quarters and (2) as calculated annually as of June 30th, using the assets reported as of June 30th, where more than 50 percent of the assets of the legacy unitary SLHC are derived from activities that are not otherwise permissible under HOLA on an enterprise-wide basis. khammond on DSKJM1Z7X2PROD with NOTICES 2 Specifically, VerDate Sep<11>2014 19:33 Nov 25, 2022 Jkt 259001 15(d) of the Securities Exchange Act of 1934.3 The reports filed under this collection are mostly unstructured and include: • Securities and Exchange Commission filings, • Copies of reports on any company in their organizational structure provided to the SLHC by Nationally Recognized Statistical Rating Organizations and Securities Analysts, • Supplemental information for the Quarterly Savings and Loan Holding Company Report (FR 2320; OMB No. 7100–0345), • Information about other materially important events, • Financial statements, and • Exhibits that include the SLHC’s charter and bylaws or instruments corresponding thereto. Frequency: Quarterly,4 annually, and event-generated. Respondents: Exempt SLHCs. Total estimated number of respondents: 3. Total estimated annual burden hours: 26.5 Current actions: On August 2, 2022, the Board published a notice in the Federal Register (87 FR 47209) requesting public comment for 60 days on the extension, without revision, of the FR LL–(b)11. The comment period for this notice expired on October 3, 2022. The Board did not receive any comments. Board of Governors of the Federal Reserve System, November 22, 2022. Michele Taylor Fennell, Deputy Associate Secretary of the Board. [FR Doc. 2022–25891 Filed 11–25–22; 8:45 am] BILLING CODE 6210–01–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 3 Specifically, an SLHC is considered to primarily hold insurance-related assets if, as calculated annually as of June 30th, using the assets reported as of June 30th, more than 50 percent of the assets of the SLHC are derived from the business of insurance on an enterprise-wide basis. 4 The FR LL–(b)11 is filed quarterly except for the fourth quarter when the respondent is required to file its annual report. 5 More detailed information regarding this collection, including more detailed burden estimates, can be found in the OMB Supporting Statement posted at https://www.federalreserve.gov/ apps/reportingforms/home/review. On the page displayed at the link, you can find the OMB Supporting Statement by referencing the collection identifier, FR LL–(b)11. PO 00000 Frm 00039 Fmt 4703 Sfmt 4703 § 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 applications are set forth in paragraph 7 of the Act (12 U.S.C. 1817(j)(7)). The public portions of the applications listed below, as well as other related filings required by the Board, if any, are available for immediate inspection at the Federal Reserve Bank(s) indicated below and at the offices of the Board of Governors. This information may also be obtained on an expedited basis, upon request, by contacting the appropriate Federal Reserve Bank and from the Board’s Freedom of Information Office at https://www.federalreserve.gov/foia/ request.htm. Interested persons may express their views in writing on the standards enumerated in paragraph 7 of the Act. Comments regarding each of these applications must be received at the Reserve Bank indicated or the offices of the Board of Governors, Ann E. Misback, Secretary of the Board, 20th Street and Constitution Avenue NW, Washington, DC 20551–0001, not later than December 13, 2022. A. Federal Reserve Bank of Atlanta (Erien O. Terry, Assistant Vice President) 1000 Peachtree Street NE, Atlanta, Georgia 30309; Comments can also be sent electronically to Applications.Comments@atl.frb.org: 1. Nacis John Theriot, Sr., Cut Off, Louisiana; to retain voting shares of Lafourche Bancshares, Inc., and thereby indirectly retain voting shares of South Lafourche Bank and Trust Company, both of Larose, Louisiana. Board of Governors of the Federal Reserve System. Michele Taylor Fennell, Deputy Associate Secretary of the Board. [FR Doc. 2022–25910 Filed 11–25–22; 8:45 am] BILLING CODE 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 E:\FR\FM\28NON1.SGM 28NON1 Federal Register / Vol. 87, No. 227 / Monday, November 28, 2022 / Notices owned by the bank holding company, including the companies listed below. The public portions of the applications listed below, as well as other related filings required by the Board, if any, are available for immediate inspection at the Federal Reserve Bank(s) indicated below and at the offices of the Board of Governors. This information may also be obtained on an expedited basis, upon request, by contacting the appropriate Federal Reserve Bank and from the Board’s Freedom of Information Office at https://www.federalreserve.gov/foia/ request.htm. Interested persons may express their views in writing on the standards enumerated in the BHC Act (12 U.S.C. 1842(c)). Comments regarding each of these applications must be received at the Reserve Bank indicated or the offices of the Board of Governors, Ann E. Misback, Secretary of the Board, 20th Street and Constitution Avenue NW, Washington DC 20551–0001, not later than December 28, 2022. A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant Vice President) 230 South LaSalle Street, Chicago, Illinois 60690–1414: 1. Savanna-Thomson Investment, Inc., Savanna, Illinois; to merge with Maximum Bancshares, Inc., and thereby indirectly acquire Fidelity Bank, both of West Des Moines, Iowa. B. Federal Reserve Bank of Kansas City Jeffrey Imgarten, Assistant Vice President, 1 Memorial Drive, Kansas City, Missouri 64198: 1. Bison Bancshares, Inc., Bison, Kansas; to become a bank holding company by acquiring Bison State Bank, Bison, Kansas. Board of Governors of the Federal Reserve System. Michele Taylor Fennell, Deputy Associate Secretary of the Board. [FR Doc. 2022–25911 Filed 11–25–22; 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, without revision, the Securities of State Member Banks as Required by Regulation H (FR H–1; OMB No. 7100– 0091). khammond on DSKJM1Z7X2PROD with NOTICES AGENCY: VerDate Sep<11>2014 19:33 Nov 25, 2022 Jkt 259001 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, nuha.elmaghrabi@frb.gov, (202) 452–3884. Office of Management and Budget (OMB) Desk Officer for the Federal Reserve Board, 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 approve and assign OMB control numbers to collections of information conducted or sponsored by the Board. Boardapproved collections of information are incorporated into the official OMB inventory of currently approved collections of information. The OMB inventory, as well as copies of the PRA Submission, supporting statements (which contain more detailed information about the information collections and burden estimates than this notice), and approved collection of information instrument(s) are available at https://www.reginfo.gov/public/do/ PRAMain. These documents are also available on the Federal Reserve Board’s public website at https:// www.federalreserve.gov/apps/ reportingforms/home/review or may be requested from the agency clearance officer, whose name appears above. Final Approval Under OMB Delegated Authority of the Extension for Three Years, Without Revision, of the Following Information Collection Collection title: Securities of State Member Banks as Required by Regulation H. Collection identifier: FR H–1. OMB control number: 7100–0091. General description of collection: The Board’s Regulation H requires state member banks (SMBs) whose securities are subject to registration pursuant to the Securities Exchange Act of 1934 to disclose certain information to shareholders and securities exchanges and to report information relating to their securities to the Board using forms adopted by the Securities and Exchange Commission (SEC) and in compliance with certain rules and regulations adopted by the SEC. Frequency: Annually, quarterly, and on occasion. Respondents: SMBs. Total estimated number of respondents: 2. PO 00000 Frm 00040 Fmt 4703 Sfmt 4703 72999 Total estimated annual burden hours: 6,649.1 Current actions: On July 8, 2022, the Board published a notice in the Federal Register (87 FR 40841) requesting public comment for 60 days on the extension, without revision, of the FR H–1. The comment period for this notice expired on September 6, 2022. The Board did not receive any comments. Board of Governors of the Federal Reserve System, November 22, 2022. Michele Taylor Fennell, Deputy Associate Secretary of the Board. [FR Doc. 2022–25892 Filed 11–25–22; 8:45 am] BILLING CODE P GENERAL SERVICES ADMINISTRATION [OMB Control No. 3090–0320; Docket No. 2022–0001; Sequence No. 15] Submission for OMB Review; General Services Administration Acquisition Regulation; Construction Manager as Constructor (CMc) Office of Acquisition Policy, General Services Administration (GSA). ACTION: Notice of request for public comments. AGENCY: Under the provisions of the Paperwork Reduction Act, the Regulatory Secretariat Division will be submitting to the Office of Management and Budget (OMB) a request to review and approve an extension of a previously approved information collection requirement regarding information collection 3090–0320 Construction Manager as Constructor (CMc). SUMMARY: Submit comments on or before: December 28, 2022. ADDRESSES: Written comments and recommendations for this information collection should be sent within 30 days of publication of this notice to www.reginfo.gov/public/do/PRAMain. Find this particular information collection by selecting ‘‘Currently under Review—Open for Public Comments’’; or by using the search function. FOR FURTHER INFORMATION CONTACT: Ms. Christina Mullins, General Services Acquisition Policy Division, GSA, by phone at 202–969–4066 or by email at gsarpolicy@gsa.gov. SUPPLEMENTARY INFORMATION: DATES: 1 More detailed information regarding this collection, including more detailed burden estimates, can be found in the OMB Supporting Statement posted at https://www.federalreserve.gov/ apps/reportingforms/home/review. E:\FR\FM\28NON1.SGM 28NON1

Agencies

[Federal Register Volume 87, Number 227 (Monday, November 28, 2022)]
[Notices]
[Pages 72998-72999]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-25911]


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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

[[Page 72999]]

owned by the bank holding company, including the companies listed 
below.
    The public portions of the applications listed below, as well as 
other related filings required by the Board, if any, are available for 
immediate inspection at the Federal Reserve Bank(s) indicated below and 
at the offices of the Board of Governors. This information may also be 
obtained on an expedited basis, upon request, by contacting the 
appropriate Federal Reserve Bank and from the Board's Freedom of 
Information Office at https://www.federalreserve.gov/foia/request.htm. 
Interested persons may express their views in writing on the standards 
enumerated in the BHC Act (12 U.S.C. 1842(c)).
    Comments regarding each of these applications must be received at 
the Reserve Bank indicated or the offices of the Board of Governors, 
Ann E. Misback, Secretary of the Board, 20th Street and Constitution 
Avenue NW, Washington DC 20551-0001, not later than December 28, 2022.
    A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant 
Vice President) 230 South LaSalle Street, Chicago, Illinois 60690-1414:
    1. Savanna-Thomson Investment, Inc., Savanna, Illinois; to merge 
with Maximum Bancshares, Inc., and thereby indirectly acquire Fidelity 
Bank, both of West Des Moines, Iowa.
    B. Federal Reserve Bank of Kansas City Jeffrey Imgarten, Assistant 
Vice President, 1 Memorial Drive, Kansas City, Missouri 64198:
    1. Bison Bancshares, Inc., Bison, Kansas; to become a bank holding 
company by acquiring Bison State Bank, Bison, Kansas.

    Board of Governors of the Federal Reserve System.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2022-25911 Filed 11-25-22; 8:45 am]
BILLING CODE P
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