Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 89997-89998 [2024-26503]

Download as PDF Federal Register / Vol. 89, No. 220 / Thursday, November 14, 2024 / Notices Company, Inc.; MSC Mediterranean Shipping Company SA; Mitsui O.S.K. Lines Ltd.; Nippon Yusen Kaisha; Ocean Network Express Pte. Ltd.; Swire Shipping, Pte. Ltd.; Wallenius Wilhelmsen Ocean AS; Wan Hai Lines Ltd. and Wan Hai Lines (Singapore) Pte Ltd. (acting as a single party); Yang Ming Marine Transport Corp.; and Zim Integrated Shipping Services, Ltd. Filing Party: Robert Magovern, Cozen O’Connor. Synopsis: This Amendment revises and updates the World Shipping Council Bylaws, Appendix B of the Agreement. Proposed Effective Date: 12/20/2024. Location: https://www2.fmc.gov/ FMC.Agreements.Web/Public/ AgreementHistory/34503. Agreement No.: 201414–001. Agreement Name: ONE/HMM WIN Slot Charter Agreement. Parties: HMM Company Limited; Ocean Network Express Pte. Ltd. Filing Party: Joshua Stein, Cozen O’Connor. Synopsis: The Amendment revises the agreement to authorize the parties to modify the volume of TEUs and/or reefer plugs purchased under the Agreement by 30 percent without the need to file an amendment to the Agreement. Proposed Effective Date: 11/5/2024. Location: https://www2.fmc.gov/ FMC.Agreements.Web/Public/ AgreementHistory/84535. Dated: November 8, 2024. Alanna Beck, Federal Register Alternate Liaison Officer. [FR Doc. 2024–26495 Filed 11–13–24; 8:45 am] BILLING CODE 6730–02–P FEDERAL RESERVE SYSTEM ddrumheller on DSK120RN23PROD with NOTICES1 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 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 VerDate Sep<11>2014 20:16 Nov 13, 2024 Jkt 265001 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 received are subject to public disclosure. In general, comments received will be made available without change and will not be modified to remove personal or business information including confidential, contact, or other identifying information. Comments should not include any information such as confidential information that would not be appropriate for public disclosure. 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 November 29, 2024. A. Federal Reserve Bank of Kansas City (Jeffrey Imgarten, Assistant Vice President) 1 Memorial Drive, Kansas City, Missouri, 64198–0001. Comments can also be sent electronically to KCApplicationComments@kc.frb.org: 1. The Dwight H. France Revocable Trust, Candace France, in her capacity as successor trustee, both of Encampment, Wyoming; to retain voting shares of Rawlins Bankshares, Inc. (the company), and thereby indirectly retain voting shares of Bank of Commerce, both of Rawlins, Wyoming (the bank). In addition, the Candace C. France Revocable Trust, Candace France, as trustee, both of Encampment, Wyoming; to become members of the France Family Group, a group acting in concert, to acquire voting shares of the company and thereby indirectly acquire voting shares of the bank. Finally, Natalie France, Nampa, Idaho; and Tara France, Katelyn France, and Karsyn France, all of Rawlins, Wyoming; to become members of the France Family Group to retain voting shares of the company, and thereby indirectly retain voting shares of the bank. 2. The DLS SFG Marital Trust UTA The Donald L. Sturm Trust dated 4/22/ 1994, as amended, and Susan M. Sturm, Stephen F. Sturm, and Emily S. Ehrens, as co-trustees, all of Denver, Colorado; to join the Sturm Family Group, a group acting in concert, to retain voting shares of Sturm Financial Group, Inc., and thereby indirectly retain voting shares of ANB Bank, all of Denver, Colorado. Susan M. Sturm, Stephen F. Sturm, and PO 00000 Frm 00051 Fmt 4703 Sfmt 4703 89997 Emily S. Ehrens, all individually, were previously permitted by the Reserve Bank to become members of the Sturm Family Group. B. Federal Reserve Bank of Dallas (Karen Smith, Director, Mergers & Acquisitions) 2200 North Pearl Street, Dallas, Texas 75201–2272. Comments can also be sent electronically to Comments.applications@dal.frb.org: 1. Patricia M. Thomas, individually, and as trustee for The Kathryn McLaughlin Irrevocable Asset Trust FBO Patricia M. Thomas, Harvey I. Thomas, Ryan E. Thomas, Anne A. Thomas and three minor children, all of Granbury, Texas; Justin L. Thomas, Kimberly D. Thomas and three minor children, all of Lipan, Texas; Karyn M. First, individually, and as trustee for The Kathryn McLaughlin Irrevocable Asset Trust FBO Karyn M. Frist, William H. Frist, Jr., and Bryan E. Frist, all of Nashville, Tennessee; and Jonathan M. Frist, Washington, DC, to become members of the Thomas-Frist Family Group, a group acting in concert, to retain voting shares of Vista Bancshares, Inc., and thereby indirectly retain voting shares of Vista Bank, both of Dallas, Texas. Board of Governors of the Federal Reserve System. Erin Cayce, Assistant Secretary of the Board. [FR Doc. 2024–26522 Filed 11–13–24; 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 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 E:\FR\FM\14NON1.SGM 14NON1 89998 Federal Register / Vol. 89, No. 220 / Thursday, November 14, 2024 / Notices 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 received are subject to public disclosure. In general, comments received will be made available without change and will not be modified to remove personal or business information including confidential, contact, or other identifying information. Comments should not include any information such as confidential information that would not be appropriate for public disclosure. 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 16, 2024. 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. Georgia Banking Company, Inc., Atlanta, Georgia; to merge with Primary Bancshares Corporation, and thereby indirectly acquire Georgia Primary Bank, both of Atlanta, Georgia. Board of Governors of the Federal Reserve System. Michele Taylor Fennell, Associate Secretary of the Board. [FR Doc. 2024–26503 Filed 11–13–24; 8:45 am] BILLING CODE P Centers for Medicare & Medicaid Services [CMS–8086–N] RIN 0938–AV36 Medicare Program; CY 2025 Inpatient Hospital Deductible and Hospital and Extended Care Services Coinsurance Amounts Centers for Medicare & Medicaid Services (CMS), HHS. ACTION: Notice of 2025 deductible and coinsurance amounts. ddrumheller on DSK120RN23PROD with NOTICES1 This notice announces the inpatient hospital deductible and the hospital and extended care services coinsurance amounts for services furnished in calendar year (CY) 2025 under Medicare’s Hospital Insurance SUMMARY: VerDate Sep<11>2014 20:16 Nov 13, 2024 Jkt 265001 The deductible and coinsurance amounts announced in this notice are effective on January 1, 2025. FOR FURTHER INFORMATION CONTACT: Suzanne Codespote, (410) 786–7737 or Yaminee Thaker, (410) 786–7921. SUPPLEMENTARY INFORMATION: DATES: I. Background Section 1813 of the Social Security Act (the Act) provides for an inpatient hospital deductible to be subtracted from the amount payable by Medicare for inpatient hospital services furnished to a beneficiary. It also provides for certain coinsurance amounts to be subtracted from the amounts payable by Medicare for inpatient hospital and extended care services. Section 1813(b)(2) of the Act requires the Secretary of the Department of Health and Human Services (the Secretary) to determine and publish each year the amount of the inpatient hospital deductible and the hospital and extended care services coinsurance amounts applicable for services furnished in the following calendar year (CY). II. Computing the Inpatient Hospital Deductible for CY 2025 DEPARTMENT OF HEALTH AND HUMAN SERVICES AGENCY: Program (Medicare Part A). The Medicare statute specifies the formulae used to determine these amounts. For CY 2025, the inpatient hospital deductible will be $1,676. The daily coinsurance amounts for CY 2025 will be as follows: $419 for the 61st through 90th day of hospitalization in a benefit period; $838 for lifetime reserve days; and $209.50 for the 21st through 100th day of extended care services in a skilled nursing facility in a benefit period. Section 1813(b) of the Act prescribes the method for computing the amount of the inpatient hospital deductible. The inpatient hospital deductible is an amount equal to the inpatient hospital deductible for the preceding CY, adjusted by the Secretary’s best estimate of the payment-weighted average of the applicable percentage increases (as defined in section 1886(b)(3)(B) of the Act) used for updating the payment rates to hospitals for discharges in the fiscal year (FY) that begins on October 1 of the same preceding CY, and adjusted to reflect changes in real casemix. The adjustment to reflect real casemix is determined on the basis of the most recent case-mix data available. The amount determined under this formula is rounded to the nearest multiple of $4 (or, if midway between two multiples of $4, to the next higher multiple of $4). PO 00000 Frm 00052 Fmt 4703 Sfmt 4703 Under section 1886(b)(3)(B)(i)(XX) of the Act, the percentage increase used to update the payment rates for FY 2025 for hospitals paid under the inpatient prospective payment system (IPPS) is the IPPS operating market basket percentage increase, otherwise known as the IPPS market basket update, reduced by an adjustment based on changes in the economy-wide productivity (productivity adjustment) (see section 1886(b)(3)(B)(xi)(II) of the Act). Under section 1886(b)(3)(B)(viii) of the Act, for FY 2025, the applicable percentage increase for hospitals that do not submit quality data as specified by the Secretary is reduced by one quarter of the market basket update. We are estimating that after accounting for those hospitals receiving the lower market basket update in the paymentweighted average update, the calculated deductible will not be affected, since the majority of hospitals submit quality data and receive the full market basket update. Section 1886(b)(3)(B)(ix) of the Act requires that any hospital that is not a meaningful electronic health record (EHR) user (as defined in section 1886(n)(3) of the Act) will have threequarters of the market basket update reduced by 100 percent for FY 2017 and each subsequent FY. We are estimating that after accounting for these hospitals receiving the lower market basket update, the calculated deductible will not be affected, since the majority of hospitals are meaningful EHR users and are expected to receive the full market basket update. Under section 1886 of the Act, the percentage increase used to update the payment rates (or target amounts, as applicable) for FY 2025 for hospitals excluded from the inpatient prospective payment system is as follows: • The percentage increase for long term care hospitals (LTCH) is the LTCH market basket percentage increase reduced by the productivity adjustment (see section 1886(m)(3)(A) of the Act). In addition, these hospitals may also be impacted by the quality reporting adjustments and the site-neutral payment rates (see sections 1886(m)(5) and 1886(m)(6) of the Act). • The percentage increase for inpatient rehabilitation facilities (IRF) is the IRF market basket percentage increase reduced by the productivity adjustment in accordance with section 1886(j)(3)(C)(ii)(I) of the Act. In addition, these hospitals may also be impacted by the quality reporting adjustments (see section 1886(j)(7) of the Act). • The percentage increase used to update the payment rate for inpatient psychiatric facilities (IPF) is the IPF E:\FR\FM\14NON1.SGM 14NON1

Agencies

FEDERAL RESERVE SYSTEM

[Federal Register Volume 89, Number 220 (Thursday, November 14, 2024)]
[Notices]
[Pages 89997-89998]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-26503]


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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 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

[[Page 89998]]

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 received are subject to public disclosure. In general, 
comments received will be made available without change and will not be 
modified to remove personal or business information including 
confidential, contact, or other identifying information. Comments 
should not include any information such as confidential information 
that would not be appropriate for public disclosure.
    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 16, 2024.
    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 [email protected]:
    1. Georgia Banking Company, Inc., Atlanta, Georgia; to merge with 
Primary Bancshares Corporation, and thereby indirectly acquire Georgia 
Primary Bank, both of Atlanta, Georgia.

    Board of Governors of the Federal Reserve System.
Michele Taylor Fennell,
Associate Secretary of the Board.
[FR Doc. 2024-26503 Filed 11-13-24; 8:45 am]
BILLING CODE P

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