81 FR 69529 - Formations of, Acquisitions by, and Mergers of Bank Holding Companies

FEDERAL RESERVE SYSTEM

Federal Register Volume 81, Issue 194 (October 6, 2016)

Page Range		69529-69529
FR Document		2016-24222

Federal Register, Volume 81 Issue 194 (Thursday, October 6, 2016)

[Federal Register Volume 81, Number 194 (Thursday, October 6, 2016)]
[Notices]
[Page 69529]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-24222]


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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 October 31, 2016.
    A. Federal Reserve Bank of Richmond (Adam M. Drimer, Assistant Vice 
President) 701 East Byrd Street, Richmond, Virginia 23261-4528. 
Comments can also be sent electronically to or 
[email protected]:
    1. HomeTrust Bancshares, Inc., Asheville, North Carolina; to 
acquire 100 percent of the voting securities of TriSummit Bancorp, 
Inc., Kingsport, Tennessee, and thereby indirectly acquire TriSummit 
Bank, Kingsport, Tennessee.

    Board of Governors of the Federal Reserve System, October 3, 
2016.
Michele Taylor Fennell,
Assistant Secretary of the Board.
[FR Doc. 2016-24222 Filed 10-5-16; 8:45 am]
 BILLING CODE 6210-01-P

Federal Register / Vol. 81, No. 194 / Thursday, October 6, 2016 / Notices 69529

Federal Deposit Insurance Corporation. been authorized to take all actions must be received at the Reserve Bank
Robert E. Feldman, necessary to terminate the receivership indicated or the offices of the Board of
Executive Secretary. estate of Brickwell Community Bank Governors not later than October 31,
[FR Doc. 2016–24181 Filed 10–5–16; 8:45 am] (Receivership Estate); the Receiver has 2016.
BILLING CODE 6714–01–P made all dividend distributions A. Federal Reserve Bank of Richmond
required by law. (Adam M. Drimer, Assistant Vice
The Receiver has further irrevocably President) 701 East Byrd Street,
FEDERAL DEPOSIT INSURANCE authorized and appointed FDIC- Richmond, Virginia 23261–4528.
CORPORATION Corporate as its attorney-in-fact to Comments can also be sent
execute and file any and all documents electronically to or
Notice to all Interested Parties of the that may be required to be executed by Comments.applications@rich.frb.org:
Termination of the Receivership of the Receiver which FDIC-Corporate, in 1. HomeTrust Bancshares, Inc.,
10206—Key West Bank, Key West, its sole discretion, deems necessary; Asheville, North Carolina; to acquire
Florida including but not limited to releases, 100 percent of the voting securities of
discharges, satisfactions, endorsements, TriSummit Bancorp, Inc., Kingsport,
Notice is hereby given that the Federal Tennessee, and thereby indirectly
Deposit Insurance Corporation (‘‘FDIC’’) assignments and deeds.
Effective October 1, 2016, the acquire TriSummit Bank, Kingsport,
as Receiver for Key West Bank, Key Tennessee.
Receivership Estate has been
West, Florida (‘‘the Receiver’’) intends
terminated, the Receiver discharged, Board of Governors of the Federal Reserve
to terminate its receivership for said
and the Receivership Estate has ceased System, October 3, 2016.
institution. The FDIC was appointed
to exist as a legal entity. Michele Taylor Fennell,
receiver of Key West Bank on March 26,
2010. The liquidation of the Dated: October 3, 2016. Assistant Secretary of the Board.
receivership assets has been completed. Federal Deposit Insurance Corporation. [FR Doc. 2016–24222 Filed 10–5–16; 8:45 am]
To the extent permitted by available Robert E. Feldman, BILLING CODE 6210–01–P
funds and in accordance with law, the Executive Secretary.
Receiver will be making a final dividend [FR Doc. 2016–24218 Filed 10–5–16; 8:45 am]
payment to proven creditors. FEDERAL RESERVE SYSTEM
BILLING CODE 6714–01–P
Based upon the foregoing, the
Receiver has determined that the Formations of, Acquisitions by, and
continued existence of the receivership Mergers of Savings and Loan Holding
will serve no useful purpose. FEDERAL RESERVE SYSTEM Companies
Consequently, notice is given that the The companies listed in this notice
Formations of, Acquisitions by, and
receivership shall be terminated, to be have applied to the Board for approval,
Mergers of Bank Holding Companies
effective no sooner than thirty days after pursuant to the Home Owners’ Loan Act
the date of this Notice. If any person The companies listed in this notice (12 U.S.C. 1461 et seq.) (HOLA),
wishes to comment concerning the have applied to the Board for approval, Regulation LL (12 CFR part 238), and
termination of the receivership, such pursuant to the Bank Holding Company Regulation MM (12 CFR part 239), and
comment must be made in writing and Act of 1956 (12 U.S.C. 1841 et seq.) all other applicable statutes and
sent within thirty days of the date of (BHC Act), Regulation Y (12 CFR part regulations to become a savings and
this Notice to: Federal Deposit 225), and all other applicable statutes loan holding company and/or to acquire
Insurance Corporation, Division of and regulations to become a bank the assets or the ownership of, control
Resolutions and Receiverships, holding company and/or to acquire the of, or the power to vote shares of a
Attention: Receivership Oversight assets or the ownership of, control of, or savings association and nonbanking
Department 34.6, 1601 Bryan Street, the power to vote shares of a bank or companies owned by the savings and
Dallas, TX 75201. bank holding company and all of the loan holding company, including the
No comments concerning the banks and nonbanking companies companies listed below.
termination of this receivership will be owned by the bank holding company, The applications listed below, as well
considered which are not sent within including the companies listed below. as other related filings required by the
this time frame. The applications listed below, as well Board, are available for immediate
Dated: October 3, 2016. as other related filings required by the inspection at the Federal Reserve Bank
Federal Deposit Insurance Corporation. Board, are available for immediate indicated. The application also will be
Robert E. Feldman, inspection at the Federal Reserve Bank available for inspection at the offices of
indicated. The applications will also be the Board of Governors. Interested
Executive Secretary.
available for inspection at the offices of persons may express their views in
[FR Doc. 2016–24180 Filed 10–5–16; 8:45 am]
the Board of Governors. Interested writing on the standards enumerated in
BILLING CODE 6714–01–P
persons may express their views in the HOLA (12 U.S.C. 1467a(e)). If the
writing on the standards enumerated in proposal also involves the acquisition of
the BHC Act (12 U.S.C. 1842(c)). If the a nonbanking company, the review also
FEDERAL DEPOSIT INSURANCE
proposal also involves the acquisition of includes whether the acquisition of the
CORPORATION
a nonbanking company, the review also nonbanking company complies with the
sradovich on DSK3GMQ082PROD with NOTICES

Notice of Termination, 10118 Brickwell includes whether the acquisition of the standards in section 10(c)(4)(B) of the
Community Bank, Woodbury, nonbanking company complies with the HOLA (12 U.S.C. 1467a(c)(4)(B)). Unless
Minnesota standards in section 4 of the BHC Act otherwise noted, nonbanking activities
(12 U.S.C. 1843). Unless otherwise will be conducted throughout the
The Federal Deposit Insurance noted, nonbanking activities will be United States.
Corporation (FDIC), as Receiver for conducted throughout the United States. Unless otherwise noted, comments
10118 Brickwell Community Bank, Unless otherwise noted, comments regarding each of these applications
Woodbury, Minnesota (Receiver) has regarding each of these applications must be received at the Reserve Bank

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Document Created: 2016-10-06 02:37:39
Document Modified: 2016-10-06 02:37:39

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 69529