Agency Information Collection Activities: Information Collection Renewal; Comment Request; Lending Limits, 24488-24489 [2025-10497]

Agencies

• Office of the Comptroller of the Currency
• DEPARTMENT OF THE TREASURY

[Federal Register Volume 90, Number 110 (Tuesday, June 10, 2025)]
[Notices]
[Pages 24488-24489]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2025-10497]


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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency


Agency Information Collection Activities: Information Collection 
Renewal; Comment Request; Lending Limits

AGENCY: Office of the Comptroller of the Currency (OCC), Treasury.

ACTION: Notice and request for comment.

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SUMMARY: The OCC, as part of its continuing effort to reduce paperwork 
and respondent burden, invites comment on a continuing information 
collection, as required by the Paperwork Reduction Act of 1995 (PRA). 
In accordance with the requirements of the PRA, the OCC may not conduct 
or sponsor, and the respondent is not required to respond to, an 
information collection unless it displays a currently valid Office of 
Management and Budget (OMB) control number. The OCC is soliciting 
comment concerning the renewal of its information collection titled, 
``Lending Limits.''

DATES: Comments must be received by August 11, 2025.

ADDRESSES: Commenters are encouraged to submit comments by email, if 
possible. You may submit comments by any of the following methods:
     Email: [email protected].
     Mail: Chief Counsel's Office, Attention: Comment 
Processing, Office of the Comptroller of the Currency, Attention: 1557-
0221, 400 7th Street SW, Suite 3E-218, Washington, DC 20219.
     Hand Delivery/Courier: 400 7th Street SW, Suite 3E-218, 
Washington, DC 20219.
     Fax: (571) 293-4835.
    Instructions: You must include ``OCC'' as the agency name and 
``1557-0221'' in your comment. In general, the OCC will publish 
comments on www.reginfo.gov without change, including any business or 
personal information provided, such as name and address information, 
email addresses, or phone numbers. Comments received, including 
attachments and other supporting materials, are part of the public 
record and subject to public disclosure. Do not include any information 
in your comment or supporting materials that you consider confidential 
or inappropriate for public disclosure.
    Following the close of this notice's 60-day comment period, the OCC 
will publish a second notice with a 30-day comment period. You may 
review comments and other related materials that pertain to this 
information collection beginning on the date of publication of the 
second notice for this collection by the method set forth in the next 
bullet.
     Viewing Comments Electronically: Go to www.reginfo.gov. 
Hover over the ``Information Collection Review'' tab and click on 
``Information Collection Review'' from the drop-down menu. From the 
``Currently under Review'' drop-down menu, select ``Department of 
Treasury'' and then click ``submit.'' This information collection can 
be located by searching OMB control number ``1557-0221'' or ``Lending 
Limits.'' Upon finding the appropriate information collection, click on 
the related ``ICR Reference Number.'' On the next screen, select ``View 
Supporting Statement and Other Documents'' and then click on the link 
to any comment listed at the bottom of the screen.
     For assistance in navigating www.reginfo.gov, please 
contact the Regulatory Information Service Center at (202) 482-7340.

FOR FURTHER INFORMATION CONTACT: Shaquita Merritt, Clearance Officer, 
(202) 649-5490, Chief Counsel's Office, Office of the Comptroller of 
the Currency, 400 7th Street SW, Washington, DC 20219. If you are deaf,

[[Page 24489]]

hard of hearing, or have a speech disability, please dial 7-1-1 to 
access telecommunications relay services.

SUPPLEMENTARY INFORMATION: Under the PRA (44 U.S.C. 3501 et seq.), 
Federal agencies must obtain approval from the OMB for each collection 
of information that they conduct or sponsor. ``Collection of 
information'' is defined in 44 U.S.C. 3502(3) and 5 CFR 1320.3(c) to 
include agency requests or requirements that members of the public 
submit reports, keep records, or provide information to a third party. 
Section 3506(c)(2)(A) of title 44 generally requires Federal agencies 
to provide a 60-day notice in the Federal Register concerning each 
proposed collection of information, including each proposed extension 
of an existing collection of information, before submitting the 
collection to OMB for approval. To comply with this requirement, the 
OCC is publishing notice of the renewal/revision of this collection.
    Title: Lending Limits.
    OMB Control No.: 1557-0221.
    Type of Review: Regular.
    Affected Public: Businesses or other for-profit.
    Description: Twelve CFR 32.7(a) provides that, in addition to the 
amount that a national bank or savings association may lend to one 
borrower under 12 CFR 32.3, an eligible bank or savings association may 
make:
     Residential real estate loans or extensions of credit to 
one borrower in the lesser of the following two amounts: 10 percent of 
its capital and surplus; or the percent of its capital and surplus, in 
excess of 15 percent, that a state bank or savings association is 
permitted to lend under the state lending limit that is available for 
residential real estate loans or unsecured loans in the state where the 
main office of the national bank or savings association is located. Any 
such loan or extension of credit must be secured by a perfected first-
lien security interest in 1-4 family real estate in an amount that does 
not exceed 80 percent of the appraised value of the collateral at the 
time the loan or extension of credit is made;
     Loans to small businesses to one borrower in the lesser of 
the following two amounts: 10 percent of its capital and surplus; or 
the percent of its capital and surplus, in excess of 15 percent, that a 
state bank is permitted to lend under the state lending limit that is 
available for loans to small businesses or unsecured loans in the state 
where the main office of the national bank or home office of the 
savings association is located; and
     Loans or extensions of credit to small farms to one 
borrower in the lesser of the following two amounts: 10 percent of its 
capital and surplus; or the percent of its capital and surplus, in 
excess of 15 percent, that a state bank or savings association is 
permitted to lend under the state lending limit that is available for 
loans or extensions of credit to small farms or unsecured loans in the 
state where the main office of the national bank or savings association 
is located.
    An eligible national bank or savings association must submit an 
application to, and receive approval from, its supervisory office 
before using the supplemental lending limits in 12 CFR 32.7(a)(1)-(3). 
The supervisory office may approve a completed application if it finds 
that approval is consistent with safety and soundness. Section 32.7(b) 
provides that, in order for an application to be deemed complete, the 
application must include:
     Certification that the bank or savings association is an 
``eligible bank'' or ``eligible savings association;''
     Citations to relevant state laws or regulations;
     A copy of a written resolution by a majority of the bank's 
or savings association's board of directors approving the use of the 
limits in Sec.  32.7(a) and confirming the terms and conditions for use 
of this lending authority; and
     A description of how the board will exercise its 
continuing responsibility to oversee the use of this lending authority.
    Twelve CFR 32.9(b)(1) outlines three alternative methods (the 
Internal Model Method, the Conversion Factor Matrix Method, and the 
Current Exposure Method) for national banks and savings associations to 
use in calculating the credit exposure of non-credit derivative 
transactions. Twelve CFR 32.9(c) outlines two alternative methods for 
national banks and savings associations to use in calculating credit 
exposure arising from their securities financing transactions.
    Under 12 CFR 32.9(b)(1)(i)(C), the use of a model (other than the 
model approved for purposes of 12 CFR 3.132(d) or 324.132(d)) must be 
approved in writing by the OCC specifically for part 32 purposes. If a 
national bank or savings association proposes to use an internal model 
that has been approved by the OCC for purposes of 12 CFR 3.132(d) or 
324.132(d), the institution must provide prior written notification to 
the OCC prior to use of the model for lending limits purposes. OCC 
approval also is required for any substantive revisions to an approved 
model before that model is used for lending limit purposes.
    Estimated Frequency of Response: On occasion.
    Estimated Number of Respondents: 295.
    Estimated Total Annual Burden: 1,958 hours.
    Comments submitted in response to this notice will be summarized 
and included in the request for OMB approval. All comments will become 
a matter of public record. Comments are invited on:
    (a) Whether the collection of information is necessary for the 
proper performance of the functions of the OCC, including whether the 
information has practical utility;
    (b) The accuracy of the OCC's estimate of the burden of the 
collection of information;
    (c) Ways to enhance the quality, utility, and clarity of the 
information to be collected;
    (d) Ways to minimize the burden of the collection on respondents, 
including through the use of automated collection techniques or other 
forms of information technology; and
    (e) Estimates of capital or start-up costs and costs of operation, 
maintenance, and purchase of services to provide information.

Patrick T. Tierney,
Assistant Director, Office of the Comptroller of the Currency.
[FR Doc. 2025-10497 Filed 6-9-25; 8:45 am]
BILLING CODE P