82 FR 37589 - Proposed Agency Information Collection Activities; Comment Request

FEDERAL RESERVE SYSTEM

Federal Register Volume 82, Issue 154 (August 11, 2017)

Page Range		37589-37590
FR Document		2017-17012

The Board of Governors of the Federal Reserve System (Board) invites comment on a proposal to extend for three years, without revision, the mandatory Notifications Related to Community Development and Public Welfare Investments of State Member Banks (FR H-6; OMB No. 7100-0278). On June 15, 1984, the Office of Management and Budget (OMB) delegated to the Board authority under the Paperwork Reduction Act (PRA) to approve of and assign OMB control numbers to collection of information requests and requirements conducted or sponsored by the Board. In exercising this delegated authority, the Board is directed to take every reasonable step to solicit comment. In determining whether to approve a collection of information, the Board will consider all comments received from the public and other agencies.

Federal Register, Volume 82 Issue 154 (Friday, August 11, 2017)

[Federal Register Volume 82, Number 154 (Friday, August 11, 2017)]
[Notices]
[Pages 37589-37590]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-17012]


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FEDERAL RESERVE SYSTEM


Proposed Agency Information Collection Activities; Comment 
Request

AGENCY: Board of Governors of the Federal Reserve System.

ACTION: Notice, request for comment.

-----------------------------------------------------------------------

SUMMARY: The Board of Governors of the Federal Reserve System (Board) 
invites comment on a proposal to extend for three years, without 
revision, the mandatory Notifications Related to Community Development 
and Public Welfare Investments of State Member Banks (FR H-6; OMB No. 
7100-0278).
    On June 15, 1984, the Office of Management and Budget (OMB) 
delegated to the Board authority under the Paperwork Reduction Act 
(PRA) to approve of and assign OMB control numbers to collection of 
information requests and requirements conducted or sponsored by the 
Board. In exercising this delegated authority, the Board is directed to 
take every reasonable step to solicit comment. In determining whether 
to approve a collection of information, the Board will consider all 
comments received from the public and other agencies.

DATES: Comments must be submitted on or before October 10, 2017.

ADDRESSES: You may submit comments, identified by FR H-6, by any of the 
following methods:

[[Page 37590]]

     Agency Web site: http://www.federalreserve.gov. Follow the 
instructions for submitting comments at http://www.federalreserve.gov/apps/foia/proposedregs.aspx.
     Federal eRulemaking Portal: http://www.regulations.gov. 
Follow the instructions for submitting comments.
     Email: regs.comments@federalreserve.gov. Include OMB 
number in the subject line of the message.
     FAX: (202) 452-3819 or (202) 452-3102.
     Mail: Ann E. Misback, Secretary, Board of Governors of the 
Federal Reserve System, 20th Street and Constitution Avenue NW., 
Washington, DC 20551.
    All public comments are available from the Board's Web site at 
http://www.federalreserve.gov/apps/foia/proposedregs.aspx as submitted, 
unless modified for technical reasons. Accordingly, your comments will 
not be edited to remove any identifying or contact information. Public 
comments may also be viewed electronically or in paper form in Room 
3515, 1801 K Street (between 18th and 19th Streets NW.) Washington, DC 
20006 between 9:00 a.m. and 5:00 p.m. on weekdays.
    Additionally, commenters may send a copy of their comments to the 
OMB Desk Officer--Shagufta Ahmed--Office of Information and Regulatory 
Affairs, Office of Management and Budget, New Executive Office 
Building, Room 10235, 725 17th Street NW., Washington, DC 20503 or by 
fax to (202) 395-6974.

FOR FURTHER INFORMATION CONTACT: A copy of the PRA OMB submission, 
including the proposed reporting form and instructions, supporting 
statement, and other documentation will be placed into OMB's public 
docket files, once approved. These documents will also be made 
available on the Federal Reserve Board's public Web site at: http://www.federalreserve.gov/apps/reportforms/review.aspx or may be requested 
from the agency clearance officer, whose name appears below.
    Federal Reserve Board Clearance Officer--Nuha Elmaghrabi--Office of 
the Chief Data Officer, Board of Governors of the Federal Reserve 
System, Washington, DC 20551 (202) 452-3829. Telecommunications Device 
for the Deaf (TDD) users may contact (202) 263-4869, Board of Governors 
of the Federal Reserve System, Washington, DC 20551.

SUPPLEMENTARY INFORMATION: 

Request for Comment on Information Collection Proposal

    The Board invites public comment on the following information 
collection, which is being reviewed under authority delegated by the 
OMB under the PRA. Comments are invited on the following:
    a. Whether the proposed collection of information is necessary for 
the proper performance of the Federal Reserve's functions; including 
whether the information has practical utility;
    b. The accuracy of the Federal Reserve's estimate of the burden of 
the proposed information collection, including the validity of the 
methodology and assumptions used;
    c. Ways to enhance the quality, utility, and clarity of the 
information to be collected;
    d. Ways to minimize the burden of information collection on 
respondents, including through the use of automated collection 
techniques or other forms of information technology; and
    e. Estimates of capital or startup costs and costs of operation, 
maintenance, and purchase of services to provide information.
    At the end of the comment period, the comments and recommendations 
received will be analyzed to determine the extent to which the Federal 
Reserve should modify the proposed revisions prior to giving final 
approval.

Proposal To Approve Under OMB Delegated Authority the Extension for 
Three Years, Without Revision, of the Following Report

    Report title: Notifications Related to Community Development and 
Public Welfare Investments of State Member Banks.
    Agency form number: FR H-6.
    OMB control number: 7100-0278.
    Frequency: Event-generated.
    Respondents: State member banks.
    Estimated number of respondents: Post Notification, 20; Application 
(Prior Approval), 71; and Extension of divestiture period, 1.
    Estimated average hours per response: Post Notification, 2 hours; 
Application (Prior Approval) 5 hours; and Extension of divestiture 
period, 5 hours.
    Estimated annual burden hours: Post Notification, 40 hours; 
Application (Prior Approval) 355 hours; and Extension of divestiture 
period, 5 hours.
    General Description of Report: Regulation H requires state member 
banks planning to make community development or public welfare 
investments to comply with the Regulation H notification requirements: 
(1) If the investment does not require prior Board approval, a written 
notice must be sent to the appropriate Federal Reserve Bank; (2) if 
certain criteria are not met, and the investment requires prior Board 
approval, a request for approval must be sent to the appropriate 
Federal Reserve Bank; and, (3) if the Board orders divestiture, but the 
bank cannot divest within the established time limit, a request or 
requests for extension of the divestiture period must be submitted to 
the appropriate Federal Reserve Bank.
    Legal authorization and confidentiality: The Board's Legal Division 
has determined that the public welfare investment notice, request for 
approval, and request for extension of the divestiture period are 
authorized by the Federal Reserve Act, (12 U.S.C. 338a), and by the 
Board's Regulation H, (12 CFR 208.22). The obligation of state member 
banks to make public welfare investments under both the Reserve Bank 
post-notice and the Board's prior approval procedure is mandatory. The 
request for extension of the divestiture period is required to obtain a 
benefit. Individual respondent data generally are not regarded as 
confidential. However, a bank that submits confidential proprietary 
information may request confidential treatment of that information 
pursuant to section (b)(4) of the Freedom of Information Act (FOIA) (5 
U.S.C. 552(b)(4)). Such a determination would be made on a case-by-case 
basis in response to a specific request for disclosure. If examination 
ratings are included in a submission, those will be considered 
confidential under exemption 8 of the FOIA, (5 U.S.C. 552(b)(8)).
    Consultation outside the agency: Given that most community 
development entities obtain funding from a variety of local and 
regional financial institutions, Board staff consults with other 
agencies' staff to discuss applications relating to such investments, 
as appropriate.

    Board of Governors of the Federal Reserve System, August 8, 
2017.
Ann E. Misback,
Secretary of the Board.
[FR Doc. 2017-17012 Filed 8-10-17; 8:45 am]
 BILLING CODE 6210-01-P

Federal Register / Vol. 82, No. 154 / Friday, August 11, 2017 / Notices 37589

Federal Communications Commission. Butcher Trust No. 1 and Donna L. parent of Patriot Bank, both of Tulsa,
Marlene H. Dortch, Butcher as Trustee, and Kimberly J. Oklahoma.
Secretary. Office of the Secretary. Fairbank, all of Cimarron, Kansas; to 2. Equity Bancshares, Inc., Wichita,
[FR Doc. 2017–16932 Filed 8–10–17; 8:45 am] retain shares of Santa Fe Trail Banc Kansas; to acquire, through its
BILLING CODE 6712–01–P
Shares, Inc., Sublette, Kansas, and for subsidiary, ENB Merger Sub, Inc.,
approval as members of the Butcher Oklahoma City, Oklahoma, 100 percent
family group acting in concert, to of the voting shares of Eastman National
control Santa Fe Trail Banc Shares, Inc., Bancshares, Inc., and thereby acquire
FEDERAL RESERVE SYSTEM
Sublette, Kansas and thereby control The Eastman National Bank of Newkirk,
Change in Bank Control Notices; shares of Centera Bank, Sublette, both of Newkirk, Oklahoma.
Acquisitions of Shares of a Bank or Kansas. In connection with this application,
Bank Holding Company Board of Governors of the Federal Reserve ENB Merger Sub, Inc., Oklahoma City,
System, August 7, 2017. Oklahoma, has applied to become a
The notificants listed below have Yao-Chin Chao, bank holding company
applied under the Change in Bank 3. National Bank Holdings
Assistant Secretary of the Board.
Control Act (12 U.S.C. 1817(j)) and Corporation, Greenwood Village,
[FR Doc. 2017–16909 Filed 8–10–17; 8:45 am]
§ 225.41 of the Board’s Regulation Y (12 Colorado; to acquire 100 percent of the
CFR 225.41) to acquire shares of a bank BILLING CODE 6210–01–P
voting shares of Peoples, Inc., Lawrence,
or bank holding company. The factors Kansas, and thereby indirectly acquire
that are considered in acting on the Peoples National Bank, Colorado
FEDERAL RESERVE SYSTEM
notices are set forth in paragraph 7 of Springs, Colorado, and Peoples Bank,
the Act (12 U.S.C. 1817(j)(7)). Formations of, Acquisitions by, and Lawrence, Kansas.
The notices are available for Mergers of Bank Holding Companies
immediate inspection at the Federal Board of Governors of the Federal Reserve
Reserve Bank indicated. The notices The companies listed in this notice System, August 7, 2017.
also will be available for inspection at have applied to the Board for approval, Yao-Chin Chao,
the offices of the Board of Governors. pursuant to the Bank Holding Company Assistant Secretary of the Board.
Interested persons may express their Act of 1956 (12 U.S.C. 1841 et seq.) [FR Doc. 2017–16908 Filed 8–10–17; 8:45 am]
views in writing to the Reserve Bank (BHC Act), Regulation Y (12 CFR part BILLING CODE 6210–01–P
indicated for that notice or to the offices 225), and all other applicable statutes
of the Board of Governors. Comments and regulations to become a bank
must be received not later than August holding company and/or to acquire the FEDERAL RESERVE SYSTEM
25, 2017. assets or the ownership of, control of, or
A. Federal Reserve Bank of San the power to vote shares of a bank or Proposed Agency Information
Francisco (Gerald C. Tsai, Director, bank holding company and all of the Collection Activities; Comment
Applications and Enforcement) 101 banks and nonbanking companies Request
Market Street, San Francisco, California owned by the bank holding company, AGENCY: Board of Governors of the
94105–1579: including the companies listed below. Federal Reserve System.
1. MBC Trust, Santa Barbara, The applications listed below, as well
as other related filings required by the ACTION: Notice, request for comment.
California; and its Trustees Craig
Zimmerman, Michelle Konoske and Board, are available for immediate SUMMARY: The Board of Governors of the
Joshua Rabinowitz, all of Santa Barbara, inspection at the Federal Reserve Bank Federal Reserve System (Board) invites
California; to acquire voting shares of indicated. The applications will also be comment on a proposal to extend for
Montecito Bancorp, and thereby available for inspection at the offices of three years, without revision, the
indirectly acquire voting shares of the Board of Governors. Interested mandatory Notifications Related to
Montecito Bank & Trust, both of Santa persons may express their views in Community Development and Public
Barbara, California. writing on the standards enumerated in Welfare Investments of State Member
B. Federal Reserve Bank of Kansas the BHC Act (12 U.S.C. 1842(c)). If the Banks (FR H–6; OMB No. 7100–0278).
City (Dennis Denney, Assistant Vice proposal also involves the acquisition of On June 15, 1984, the Office of
President) 1 Memorial Drive, Kansas a nonbanking company, the review also Management and Budget (OMB)
City, Missouri 64198–0001: includes whether the acquisition of the delegated to the Board authority under
1. David R. Holloway, Sublette, nonbanking company complies with the the Paperwork Reduction Act (PRA) to
Kansas, individually, to acquire voting standards in section 4 of the BHC Act approve of and assign OMB control
shares of Santa Fe Trail Banc Shares, (12 U.S.C. 1843). Unless otherwise numbers to collection of information
Inc., and thereby indirectly acquire noted, nonbanking activities will be requests and requirements conducted or
voting shares of Centera Bank, Sublette, conducted throughout the United States. sponsored by the Board. In exercising
Kansas. Unless otherwise noted, comments this delegated authority, the Board is
In addition, David R. Holloway, regarding each of these applications directed to take every reasonable step to
Sublette, Kansas, MaryAnn H. Miller, must be received at the Reserve Bank solicit comment. In determining
and Kenneth D. Miller, Cimarron, indicated or the offices of the Board of whether to approve a collection of
asabaliauskas on DSKBBXCHB2PROD with NOTICES

Kansas have applied to acquire and/or Governors not later than September 5, information, the Board will consider all
retain shares of Santa Fe Trail Banc 2017. comments received from the public and
Shares, Inc., Sublette, Kansas, and for A. Federal Reserve Bank of Kansas
other agencies.
approval as members of the Holloway City (Dennis Denney, Assistant Vice
family group acting in concert, to President) 1 Memorial Drive, Kansas DATES: Comments must be submitted on
control shares of Santa Fe Trail Banc City, Missouri 64198–0001: or before October 10, 2017.
Shares, Inc., Sublette, Kansas. 1. Equity Bancshares, Inc., Wichita, ADDRESSES: You may submit comments,
2. Joe D. Butcher Trust No. 1 and Joe Kansas; to acquire 100 percent of the identified by FR H–6, by any of the
D. Butcher as Trustee, the Donna L. voting shares of Cache Holdings, Inc., following methods:

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37590 Federal Register / Vol. 82, No. 154 / Friday, August 11, 2017 / Notices

• Agency Web site: http:// which is being reviewed under approval must be sent to the appropriate
www.federalreserve.gov. Follow the authority delegated by the OMB under Federal Reserve Bank; and, (3) if the
instructions for submitting comments at the PRA. Comments are invited on the Board orders divestiture, but the bank
http://www.federalreserve.gov/apps/ following: cannot divest within the established
foia/proposedregs.aspx. a. Whether the proposed collection of time limit, a request or requests for
• Federal eRulemaking Portal: http:// information is necessary for the proper extension of the divestiture period must
www.regulations.gov. Follow the performance of the Federal Reserve’s be submitted to the appropriate Federal
instructions for submitting comments. functions; including whether the Reserve Bank.
• Email: regs.comments@ information has practical utility; Legal authorization and
federalreserve.gov. Include OMB b. The accuracy of the Federal confidentiality: The Board’s Legal
number in the subject line of the Reserve’s estimate of the burden of the Division has determined that the public
message. proposed information collection, welfare investment notice, request for
• FAX: (202) 452–3819 or (202) 452– including the validity of the approval, and request for extension of
3102. methodology and assumptions used; the divestiture period are authorized by
• Mail: Ann E. Misback, Secretary, c. Ways to enhance the quality, the Federal Reserve Act, (12 U.S.C.
Board of Governors of the Federal utility, and clarity of the information to 338a), and by the Board’s Regulation H,
Reserve System, 20th Street and be collected; (12 CFR 208.22). The obligation of state
Constitution Avenue NW., Washington, d. Ways to minimize the burden of member banks to make public welfare
DC 20551. information collection on respondents, investments under both the Reserve
All public comments are available including through the use of automated Bank post-notice and the Board’s prior
from the Board’s Web site at http:// collection techniques or other forms of approval procedure is mandatory. The
www.federalreserve.gov/apps/foia/ information technology; and request for extension of the divestiture
proposedregs.aspx as submitted, unless e. Estimates of capital or startup costs period is required to obtain a benefit.
modified for technical reasons. and costs of operation, maintenance, Individual respondent data generally are
Accordingly, your comments will not be and purchase of services to provide not regarded as confidential. However, a
edited to remove any identifying or information. bank that submits confidential
contact information. Public comments At the end of the comment period, the proprietary information may request
may also be viewed electronically or in comments and recommendations confidential treatment of that
paper form in Room 3515, 1801 K Street received will be analyzed to determine information pursuant to section (b)(4) of
(between 18th and 19th Streets NW.) the extent to which the Federal Reserve the Freedom of Information Act (FOIA)
Washington, DC 20006 between 9:00 should modify the proposed revisions (5 U.S.C. 552(b)(4)). Such a
a.m. and 5:00 p.m. on weekdays. prior to giving final approval. determination would be made on a case-
Additionally, commenters may send a by-case basis in response to a specific
copy of their comments to the OMB Proposal To Approve Under OMB
request for disclosure. If examination
Desk Officer—Shagufta Ahmed—Office Delegated Authority the Extension for
ratings are included in a submission,
of Information and Regulatory Affairs, Three Years, Without Revision, of the
those will be considered confidential
Office of Management and Budget, New Following Report
under exemption 8 of the FOIA, (5
Executive Office Building, Room 10235, Report title: Notifications Related to U.S.C. 552(b)(8)).
725 17th Street NW., Washington, DC Community Development and Public Consultation outside the agency:
20503 or by fax to (202) 395–6974. Welfare Investments of State Member Given that most community
FOR FURTHER INFORMATION CONTACT: A Banks. development entities obtain funding
copy of the PRA OMB submission, Agency form number: FR H–6. from a variety of local and regional
including the proposed reporting form OMB control number: 7100–0278. financial institutions, Board staff
and instructions, supporting statement, Frequency: Event-generated. consults with other agencies’ staff to
and other documentation will be placed Respondents: State member banks. discuss applications relating to such
into OMB’s public docket files, once Estimated number of respondents: investments, as appropriate.
approved. These documents will also be Post Notification, 20; Application (Prior
Board of Governors of the Federal Reserve
made available on the Federal Reserve Approval), 71; and Extension of System, August 8, 2017.
Board’s public Web site at: http:// divestiture period, 1.
Ann E. Misback,
www.federalreserve.gov/apps/ Estimated average hours per response:
Post Notification, 2 hours; Application Secretary of the Board.
reportforms/review.aspx or may be
requested from the agency clearance (Prior Approval) 5 hours; and Extension [FR Doc. 2017–17012 Filed 8–10–17; 8:45 am]
officer, whose name appears below. of divestiture period, 5 hours. BILLING CODE 6210–01–P
Federal Reserve Board Clearance Estimated annual burden hours: Post
Officer—Nuha Elmaghrabi—Office of Notification, 40 hours; Application
the Chief Data Officer, Board of (Prior Approval) 355 hours; and FEDERAL RESERVE SYSTEM
Governors of the Federal Reserve Extension of divestiture period, 5 hours. Change in Bank Control Notices;
System, Washington, DC 20551 (202) General Description of Report:
Acquisitions of Shares of a Bank or
452–3829. Telecommunications Device Regulation H requires state member
Bank Holding Company
for the Deaf (TDD) users may contact banks planning to make community
asabaliauskas on DSKBBXCHB2PROD with NOTICES

(202) 263–4869, Board of Governors of development or public welfare The notificants listed below have
the Federal Reserve System, investments to comply with the applied under the Change in Bank
Washington, DC 20551. Regulation H notification requirements: Control Act (12 U.S.C. 1817(j)) and
SUPPLEMENTARY INFORMATION: (1) If the investment does not require § 225.41 of the Board’s Regulation Y (12
prior Board approval, a written notice CFR 225.41) to acquire shares of a bank
Request for Comment on Information must be sent to the appropriate Federal or bank holding company. The factors
Collection Proposal Reserve Bank; (2) if certain criteria are that are considered in acting on the
The Board invites public comment on not met, and the investment requires notices are set forth in paragraph 7 of
the following information collection, prior Board approval, a request for the Act (12 U.S.C. 1817(j)(7)).

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Document Created: 2018-10-24 11:48:13
Document Modified: 2018-10-24 11:48:13

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
Action		Notice, request for comment.
Dates		Comments must be submitted on or before October 10, 2017.
Contact		A copy of the PRA OMB submission, including the proposed reporting form and instructions, supporting statement, and other documentation will be placed into OMB's public docket files, once approved. These documents will also be made available on the Federal Reserve Board's public Web site at: http:// www.federalreserve.gov/apps/reportforms/review.aspx or may be requested from the agency clearance officer, whose name appears below.
FR Citation		82 FR 37589