80_FR_72022 80 FR 71801 - Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company

80 FR 71801 - Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company

FEDERAL RESERVE SYSTEM

Federal Register Volume 80, Issue 221 (November 17, 2015)

Page Range71801-71801
FR Document2015-29298

Federal Register, Volume 80 Issue 221 (Tuesday, November 17, 2015) 
[Federal Register Volume 80, Number 221 (Tuesday, November 17, 2015)]
[Notices]
[Page 71801]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-29298]


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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 (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 December 2, 2015.
    A. Federal Reserve Bank of Atlanta (Chapelle Davis, Assistant Vice 
President) 1000 Peachtree Street NE., Atlanta, Georgia 30309:
    1. Edgar Ray Smith, III, William Kent Hood, Savannah K. Conti, 
William K. Conti, Amite Mini Storage, LLC, Hood Investments, LLC, WKH 
Management, Inc., Smith and Hood Investments, LLC, all of Amite, 
Louisiana; Sophia M. Pray, Hudson M. Pray, both of Hammond, Louisiana; 
Big 4 Investments, LLC, Roseland, Louisiana; to retain voting shares of 
First Guaranty Bancshares, Inc., and thereby indirectly retain voting 
shares of First Guaranty Bank, both in Hammond, Louisiana.
    2. Donald Joseph Leeper, Adairsville, Georgia; to acquire voting 
shares of NorthSide Bancshares, Inc., and thereby indirectly acquire 
voting shares of NorthSide Bank, both in Adairsville, Georgia.
    B. Federal Reserve Bank of St. Louis (Yvonne Sparks, Community 
Development Officer) P.O. Box 442, St. Louis, Missouri 63166-2034:
    1. John M. Huetsch, individually and as trustee of the John O. 
Huetsch Trust u/a dated 1/31/2012, both of Waterloo, Illinois; to 
retain voting shares of SBW Bancshares, Inc., and thereby indirectly 
retain voting shares of State Bank of Waterloo, both in Waterloo, 
Illinois.

    Board of Governors of the Federal Reserve System, November 12, 
2015.
Michael J. Lewandowski,
Associate Secretary of the Board.
[FR Doc. 2015-29298 Filed 11-16-15; 8:45 am]
BILLING CODE 6210-01-P

Federal Register / Vol. 80, No. 221 / Tuesday, November 17, 2015 / Notices 71801 mandatory, with voluntary early providing a final regulatory flexibility also will be available for inspection at reporting on FR 2052a for U.S. firms analysis with respect to the FR 2052 the offices of the Board of Governors. with total consolidated assets of $700 reporting forms. Interested persons may express their billion or more or with assets under Under regulations issued by the Small views in writing to the Reserve Bank custody of $10 trillion or more, and Business Administration, a small entity indicated for that notice or to the offices FBOs identified as LISCC firms, and is includes a depository institution, bank of the Board of Governors. Comments authorized pursuant to section 5 of the holding company, or savings and loan must be received not later than Bank Holding Company Act (12 U.S.C. holding company with total assets of December 2, 2015. 1844), which authorizes the Federal $550 million or less (a small banking A. Federal Reserve Bank of Atlanta Reserve to conduct information organization). As discussed above, the (Chapelle Davis, Assistant Vice collections with regard to the information collected on the FR 2052 President) 1000 Peachtree Street NE., supervision of BHCs, section 8 of the reporting forms will be used to monitor Atlanta, Georgia 30309: International Banking Act (12 U.S.C. the overall liquidity profile of large 1. Edgar Ray Smith, III, William Kent 3106), which subjects FBOs to the banking organizations supervised by the Hood, Savannah K. Conti, William K. provision of the Bank Holding Company Board. These forms would collect Conti, Amite Mini Storage, LLC, Hood Act, and section 165 of the Dodd-Frank information on the liquidity risks within Investments, LLC, WKH Management, Act (12 U.S.C. 5365), which requires the different lines of business of these Inc., Smith and Hood Investments, LLC, Federal Reserve to ensure that certain organizations. Firms would be required all of Amite, Louisiana; Sophia M. Pray, BHCs and nonbank financial companies to report either daily, monthly, or Hudson M. Pray, both of Hammond, supervised by the Federal Reserve are quarterly depending on their size and Louisiana; Big 4 Investments, LLC, subject to enhanced liquidity complexity. The Board did not receive Roseland, Louisiana; to retain voting requirements. As these data are any comments on the proposed shares of First Guaranty Bancshares, collected as part of the supervisory information collection notice regarding Inc., and thereby indirectly retain voting process, they are subject to confidential its impact on small banking shares of First Guaranty Bank, both in treatment under exemption 8 of the organizations. Hammond, Louisiana. Freedom of Information Act (5 U.S.C. The FR 2052 reporting forms will 2. Donald Joseph Leeper, Adairsville, 552(b)(8)). In addition, the institution apply to BHCs with total consolidated Georgia; to acquire voting shares of information provided by each assets of $10 billion or more and to NorthSide Bancshares, Inc., and thereby respondent will not be otherwise FBOs with U.S. assets of $50 billion or indirectly acquire voting shares of available to the public and is entitled to more. The FR 2052 reporting forms do NorthSide Bank, both in Adairsville, confidential treatment under the not apply to small banking Georgia. authority of exemption 4 of the Freedom organizations, so there would be no B. Federal Reserve Bank of St. Louis of Information Act (5 U.S.C. 552(b)(4)), projected compliance requirements for (Yvonne Sparks, Community which protects from disclosure trade small banking organizations. Development Officer) P.O. Box 442, St. secrets and commercial or financial The Board believes that the final Louis, Missouri 63166–2034: information. information collection will not have a 1. John M. Huetsch, individually and The Board estimates that the burden significant impact on small banking as trustee of the John O. Huetsch Trust of reporting on the revised FR 2052a organizations supervised by the Board u/a dated 1/31/2012, both of Waterloo, will be between 120 and 400 hours per and therefore believes that there are no Illinois; to retain voting shares of SBW response for each reporting form. The significant alternatives that would Bancshares, Inc., and thereby indirectly Board estimates that the one-time reduce the economic impact on small retain voting shares of State Bank of implementation burden will be banking organizations supervised by the Waterloo, both in Waterloo, Illinois. approximately 400 hours, which Board. includes both the building of systems Board of Governors of the Federal Reserve Board of Governors of the Federal Reserve System, November 12, 2015. necessary to gather and report the data, System, November 12, 2015. as well as training of responsible staff. Michael J. Lewandowski, Robert deV. Frierson, For firms that are required to report Associate Secretary of the Board. Secretary of the Board. daily, the Board estimates that the [FR Doc. 2015–29298 Filed 11–16–15; 8:45 am] [FR Doc. 2015–29348 Filed 11–16–15; 8:45 am] burden for each response will be BILLING CODE 6210–01–P approximately 220 hours, while firms BILLING CODE 6210–01–P that required to report monthly will spend approximately 120 hours to prepare each response. The Board FEDERAL RESERVE SYSTEM DEPARTMENT OF HEALTH AND estimates that the burden of reporting HUMAN SERVICES Change in Bank Control Notices; on the revised FR 2052b will be Acquisitions of Shares of a Bank or Centers for Disease Control and approximately 60 hours per response for Bank Holding Company Prevention each reporting firm. The notificants listed below have Board of Scientific Counselors, Office Regulatory Flexibility Act applied under the Change in Bank of Public Health Preparedness and The Board has considered the Control Act (12 U.S.C. 1817(j)) and Response: Notice of Charter Renewal potential impact of the final rule on § 225.41 of the Board’s Regulation Y (12 mstockstill on DSK4VPTVN1PROD with NOTICES small companies in accordance with the CFR 225.41) to acquire shares of a bank This gives notice under the Federal Regulatory Flexibility Act (RFA) (5 or bank holding company. The factors Advisory Committee Act (Pub. L. 92– U.S.C. 601 et seq.). Based on its analysis that are considered in acting on the 463) of October 6, 1972, that the Board and for the reasons stated below, the notices are set forth in paragraph 7 of of Scientific Counselors, Office of Public Board believes that the final rule will the Act (12 U.S.C. 1817(j)(7)). Health Preparedness and Response, not have a significant economic impact The notices are available for Centers for Disease Control and on a substantial number of small immediate inspection at the Federal Prevention (CDC), Department of Health entities. Nevertheless, the Board is Reserve Bank indicated. The notices and Human Services (HHS), has been VerDate Sep<11>2014 18:14 Nov 16, 2015 Jkt 238001 PO 00000 Frm 00032 Fmt 4703 Sfmt 4703 E:\FR\FM\17NON1.SGM 17NON1


Document Created: 2015-12-14 14:00:57
Document Modified: 2015-12-14 14:00:57
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
FR Citation80 FR 71801 
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