81 FR 39267 - Formations of, Acquisitions by, and Mergers of Bank Holding Companies

FEDERAL RESERVE SYSTEM

Federal Register Volume 81, Issue 116 (June 16, 2016)

Page Range		39267-39267
FR Document		2016-14256

Federal Register, Volume 81 Issue 116 (Thursday, June 16, 2016)

[Federal Register Volume 81, Number 116 (Thursday, June 16, 2016)]
[Notices]
[Page 39267]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-14256]


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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 applications listed below, as well as other related filings 
required by the Board, are available for immediate inspection at the 
Federal Reserve Bank indicated. The applications will also be available 
for inspection at the offices of the Board of Governors. Interested 
persons may express their views in writing on the standards enumerated 
in the BHC Act (12 U.S.C. 1842(c)). If the proposal also involves the 
acquisition of a nonbanking company, the review also includes whether 
the acquisition of the nonbanking company complies with the standards 
in section 4 of the BHC Act (12 U.S.C. 1843). Unless otherwise noted, 
nonbanking activities will be conducted throughout the United States.
    Unless otherwise noted, comments regarding each of these 
applications must be received at the Reserve Bank indicated or the 
offices of the Board of Governors not later than July 13, 2016.
    A. 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 [email protected]:
    1. Simmons First National Corporation, Pine Bluff, Arkansas, to 
acquire 100 percent of Citizens National Bank, Athens, Tennessee.
    B. Federal Reserve Bank of Minneapolis (Jacquelyn K. Brunmeier, 
Assistant Vice President) 90 Hennepin Avenue, Minneapolis, Minnesota 
55480-0291:
    1. Flagship Financial Group, Inc., Eden Prairie, Minnesota; to 
acquire Landmark Investor Group, Inc., Eden Prairie, Minnesota, and 
thereby indirectly acquire Landmark Community Bank, Isanti, Minnesota.

    Board of Governors of the Federal Reserve System, June 13, 2016.
Michele Taylor Fennell,
Assistant Secretary of the Board.
[FR Doc. 2016-14256 Filed 6-15-16; 8:45 am]
 BILLING CODE 6210-01-P

Federal Register / Vol. 81, No. 116 / Thursday, June 16, 2016 / Notices 39267

noted, nonbanking activities will be includes whether the acquisition of the OMB No.:
conducted throughout the United States. nonbanking company complies with the Description: Section 678E of the
Unless otherwise noted, comments standards in section 4 of the BHC Act Community Services Block Grant
regarding each of these applications (12 U.S.C. 1843). Unless otherwise (CSBG) Act requires States, including
must be received at the Reserve Bank noted, nonbanking activities will be the District of Columbia and the
indicated or the offices of the Board of conducted throughout the United States.
Unless otherwise noted, comments Commonwealth of Puerto Rico, and U.S.
Governors not later than July 14, 2016. territories, to annually prepare and
A. Federal Reserve Bank of Chicago regarding each of these applications
must be received at the Reserve Bank submit a report on the measured
(Colette A. Fried, Assistant Vice performance of the State and the eligible
President) 230 South LaSalle Street, indicated or the offices of the Board of
Governors not later than July 13, 2016. entities in the State. Prior to the
Chicago, Illinois 60690–1414:
A. Federal Reserve Bank of St. Louis participation of the State in the
1. QCR Holdings, Inc., Moline,
(David L. Hubbard, Senior Manager) performance measurement system, the
Illinois, to acquire 100 percent of
P.O. Box 442, St. Louis, Missouri State shall include in the report any
Community State Bank, Ankeny, Iowa.
63166–2034. Comments can also be sent information collected by the State
Board of Governors of the Federal Reserve electronically to relating to such performance. Each State
System, June 10, 2016. shall also include in the report an
Comments.applications@stls.frb.org:
Margaret McCloskey Shanks, 1. Simmons First National accounting of the expenditure of funds
Deputy Secretary of the Board. Corporation, Pine Bluff, Arkansas, to received by the State through the CSBG
[FR Doc. 2016–14191 Filed 6–15–16; 8:45 am] acquire 100 percent of Citizens National program, including an accounting of
BILLING CODE 6210–01–P Bank, Athens, Tennessee. funds spent on administrative costs by
B. Federal Reserve Bank of the State and the eligible entities, and
Minneapolis (Jacquelyn K. Brunmeier, funds spent by the eligible entities on
FEDERAL RESERVE SYSTEM Assistant Vice President) 90 Hennepin the direct delivery of local services, and
Avenue, Minneapolis, Minnesota shall include information on the
Formations of, Acquisitions by, and 55480–0291: number of and characteristics of clients
Mergers of Bank Holding Companies 1. Flagship Financial Group, Inc., served under the subtitle in the State,
Eden Prairie, Minnesota; to acquire
The companies listed in this notice based on data collected from the eligible
Landmark Investor Group, Inc., Eden
have applied to the Board for approval, entities. The State shall also include in
Prairie, Minnesota, and thereby
pursuant to the Bank Holding Company the report a summary describing the
indirectly acquire Landmark
Act of 1956 (12 U.S.C. 1841 et seq.) training and technical assistance offered
Community Bank, Isanti, Minnesota.
(BHC Act), Regulation Y (12 CFR part by the State.
225), and all other applicable statutes Board of Governors of the Federal Reserve
System, June 13, 2016. This request will support new
and regulations to become a bank automated Annual Report forms,
holding company and/or to acquire the Michele Taylor Fennell,
Assistant Secretary of the Board. streamlining the administrative
assets or the ownership of, control of, or information, and incorporating Results
the power to vote shares of a bank or [FR Doc. 2016–14256 Filed 6–15–16; 8:45 am]
Oriented Management and
bank holding company and all of the BILLING CODE 6210–01–P
Accountability (required in Section
banks and nonbanking companies 676(b)(12) of the CSBG Act). The revised
owned by the bank holding company,
and automated forms may impose an
including the companies listed below. DEPARTMENT OF HEALTH AND
added first-use burden; however, this
The applications listed below, as well HUMAN SERVICES
burden will diminish substantially in
as other related filings required by the
Administration for Children and subsequent years. Copies of the
Board, are available for immediate
Families proposed collection of information can
inspection at the Federal Reserve Bank
be obtained by visiting http://
indicated. The applications will also be
available for inspection at the offices of Proposed Information Collection www.acf.hhs.gov/programs/ocs/
the Board of Governors. Interested Activity; Comment Request programs/csbg.
persons may express their views in Proposed Projects: New Automated Respondents: State Governments,
writing on the standards enumerated in Community Services Block Grant including the District of Columbia and
the BHC Act (12 U.S.C. 1842(c)). If the (CSBG) Annual Report Form. the Commonwealth of Puerto Rico, and
proposal also involves the acquisition of Title: Community Services Block U.S. territories and CSBG Eligible
a nonbanking company, the review also Grant (CSBG) Annual Report. Entities (Community Action Agencies).

ANNUAL BURDEN ESTIMATES
Number of Average
Number of Total burden
Instrument responses per burden hours
respondents hours
respondent per response

CSBG Annual Report (States) ......................................................................... 52 1 164 8,528
asabaliauskas on DSK3SPTVN1PROD with NOTICES

CSBG Annual Report (Eligible Entities) .......................................................... 1,035 1 242 250,470

Estimated Total Annual Burden Paperwork Reduction Act of 1995, the Copies of the proposed collection of
Hours: 258,998. Administration for Children and information can be obtained and
In compliance with the requirements Families is soliciting public comment comments may be forwarded by writing
of the Paperwork Reduction Act of 1995 on the specific aspects of the to the Administration for Children and
(Pub. L. 104–13, 44 U.S.C. Chap. 35) information collection described above. Families, Office of Planning, Research

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Document Created: 2016-06-16 00:37:44
Document Modified: 2016-06-16 00:37:44

Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Notices
FR Citation		81 FR 39267