82 FR 32816 - Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company

FEDERAL RESERVE SYSTEM

Federal Register Volume 82, Issue 136 (July 18, 2017)

Page Range		32816-32816
FR Document		2017-15042

Federal Register, Volume 82 Issue 136 (Tuesday, July 18, 2017)

[Federal Register Volume 82, Number 136 (Tuesday, July 18, 2017)]
[Notices]
[Page 32816]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-15042]


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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 August 1, 2017.
    A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant 
Vice President) 230 South LaSalle Street, Chicago, Illinois 60690-1414:
    1. Dean Calhoun and Sandy K. Calhoun, both of Coldwater, Michigan 
together with Nicole L. Calhoun, as custodian for two minor 
grandchildren, Valparaiso, Indiana; as a group acting in concert, to 
retain voting shares of Southern Michigan Bancorp, Inc., and thereby 
indirectly retain voting shares of Southern Michigan Bank & Trust, both 
of Coldwater, Michigan.

    Board of Governors of the Federal Reserve System, July 13, 2017.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2017-15042 Filed 7-17-17; 8:45 am]
 BILLING CODE 6210-01-P

32816 Federal Register / Vol. 82, No. 136 / Tuesday, July 18, 2017 / Notices

‘‘Loans held for investment’’ where U.S.C. 1850a). Collection of information also will be available for inspection at
applicable. from non-functionally regulated direct the offices of the Board of Governors.
2. Report title: Financial Statements of or indirect foreign subsidiaries of U.S. Interested persons may express their
Foreign Subsidiaries of U.S. Banking state member banks, Edge and views in writing to the Reserve Bank
Organizations and the Abbreviated agreement corporations filing the FR indicated for that notice or to the offices
Financial Statements of Foreign 2314 series of reports is authorized of the Board of Governors. Comments
Subsidiaries of U.S. Banking under sections 9(6), 25(7) and 25A(17) must be received not later than August
Organizations. of the Federal Reserve Act, (12 U.S.C. 1, 2017.
Agency form number: FR 2314 and FR 324, 602, and 625), respectively. A. Federal Reserve Bank of Chicago
2314S. Overall, the Federal Reserve does not (Colette A. Fried, Assistant Vice
OMB control number: 7100–0073. consider these data to be confidential. President) 230 South LaSalle Street,
Frequency: Quarterly and annually. However, a respondent may request Chicago, Illinois 60690–1414:
Reporters: U.S. state member banks, confidential treatment pursuant to 1. Dean Calhoun and Sandy K.
holding companies, and Edge or sections (b)(4), (b)(6), and (b)(8) of the Calhoun, both of Coldwater, Michigan
agreement corporations. Freedom of Information Act (5 U.S.C. together with Nicole L. Calhoun, as
Estimated annual reporting hours: FR 552(b)(4), (b)(6), (b)(8)). The custodian for two minor grandchildren,
2314 (quarterly): 13,807; FR 2314 applicability of these exemptions would Valparaiso, Indiana; as a group acting in
(annual): 1,690; FR 2314S: 322. need to be determined on a case-by-case concert, to retain voting shares of
Estimated average hours per response: basis. Southern Michigan Bancorp, Inc., and
FR 2314 (quarterly): 6.6; FR 2314 Proposed revisions: The Federal thereby indirectly retain voting shares of
(annual): 6.6; FR 2314S: 1. Reserve is proposing to revise the
Number of respondents: FR 2314 Southern Michigan Bank & Trust, both
instructions for Schedule IS and related of Coldwater, Michigan.
(quarterly): 523; FR 2314 (annual): 256; line item captions on the reporting form
FR 2314S: 322. Board of Governors of the Federal Reserve
to remove the term ‘‘extraordinary System, July 13, 2017.
General Description of Report: The FR items’’ and replace it with
2314 reporting forms collect financial ‘‘discontinued operations’’ on the Yao-Chin Chao,
information for non-functionally Financial Statements of Foreign Assistant Secretary of the Board.
regulated direct or indirect foreign Subsidiaries of U.S. Banking [FR Doc. 2017–15042 Filed 7–17–17; 8:45 am]
subsidiaries of U.S. state member banks Organizations (FR 2314), effective for BILLING CODE 6210–01–P
(SMBs), Edge and agreement reports submitted on or after October 1,
corporations, and holding companies 2017, beginning with the reports
(i.e., bank holding companies, savings reflecting the September 30, 2017 report FEDERAL TRADE COMMISSION
and loan holding companies, securities date. This reflects ASU No. 2015–01,
holding companies, and intermediate ‘‘Simplifying Income Statement Agency Information Collection
holding companies). Parent Presentation by Eliminating the Concept Activities; Proposed Collection;
organizations (SMBs, Edge and of Extraordinary Items,’’ issued by the Comment Request
agreement corporations, or holding Financial Accounting Standards Board
companies) file the FR 2314 on a AGENCY: Federal Trade Commission
in 2015. Additionally, the Federal (‘‘Commission’’ or ‘‘FTC’’).
quarterly or annual basis, or the FR Reserve proposes to replace report form
2314S on an annual basis, ACTION: Notice.
captions and instructions referencing
predominantly based on whether the ‘‘Loans net of unearned income’’ with
organization meets certain asset size SUMMARY: The FTC proposes to conduct
‘‘Loans held for investment’’ where a study to examine consumer perception
thresholds. The FR 2314 data are used applicable.
to identify current and potential of class action notices (‘‘Notice Study’’).
problems at the foreign subsidiaries of Board of Governors of the Federal Reserve This is the second of two notices
U.S. parent companies, to monitor the System, July 12, 2017. required under the Paperwork
activities of U.S. banking organizations Ann E. Misback, Reduction Act (‘‘PRA’’) seeking public
in specific countries, and to develop a Secretary of the Board. comments on proposed research before
better understanding of activities within [FR Doc. 2017–15044 Filed 7–17–17; 8:45 am] requesting Office of Management and
the industry, in general, and of BILLING CODE 6210–01–P
Budget (‘‘OMB’’) review and clearance
individual institutions, in particular. of the collection of information
Legal authorization and discussed herein.
confidentiality: The Board’s Legal FEDERAL RESERVE SYSTEM DATES: Comments must be received on
Division has determined that the FR or before August 17, 2017.
2314 series of reports is mandatory and Change in Bank Control Notices; ADDRESSES: Interested parties may file a
the collection of these reports from bank Acquisitions of Shares of a Bank or comment online or on paper, by
holding companies, savings and loan Bank Holding Company following the instructions in the
holding companies, securities holding The notificants listed below have Request for Comment part of the
companies, and intermediate holding applied under the Change in Bank SUPPLEMENTARY INFORMATION section
companies (IHCs) is authorized under: Control Act (12 U.S.C. 1817(j)) and below. Write ‘‘Class Action Notice
Section 5(c) of the Bank Holding § 225.41 of the Board’s Regulation Y (12 Consumer Perception Study, Project No.
Company Act (BHC Act) (12 U.S.C. P024210’’ on your comment, and file
sradovich on DSK3GMQ082PROD with NOTICES

CFR 225.41) to acquire shares of a bank
1844(c)); section 10(b) of the or bank holding company. The factors your comment online at https://
Homeowners’ Loan Act, (12 U.S.C. that are considered in acting on the ftcpublic.commentworks.com/ftc/
1467a(b)(2)); section 165 of the Dodd- notices are set forth in paragraph 7 of classactionnoticepra2, by following the
Frank Act, (12 U.S.C. 5365)(IHCs only); the Act (12 U.S.C. 1817(j)(7)). instructions on the web-based form. If
sections 8 and 13 of the International The notices are available for you prefer to file your comment on
Banking Act (12 U.S.C. 3106, 3108); and immediate inspection at the Federal paper, write ‘‘Class Action Notice
section 618 of the Dodd-Frank Act, (12 Reserve Bank indicated. The notices Consumer Perception Study, Project No.

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Document Created: 2018-10-24 11:24:43
Document Modified: 2018-10-24 11:24:43

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		82 FR 32816