82_FR_5587 82 FR 5576 - Formations of, Acquisitions by, and Mergers of Bank Holding Companies

82 FR 5576 - Formations of, Acquisitions by, and Mergers of Bank Holding Companies

FEDERAL RESERVE SYSTEM

Federal Register Volume 82, Issue 11 (January 18, 2017)

Page Range5576-5577
FR Document2017-01045

Federal Register, Volume 82 Issue 11 (Wednesday, January 18, 2017)
[Federal Register Volume 82, Number 11 (Wednesday, January 18, 2017)]
[Notices]
[Pages 5576-5577]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-01045]


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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 February 13, 2017.
    A. Federal Reserve Bank of Atlanta (Chapelle Davis, Assistant Vice 
President) 1000 Peachtree Street NE., Atlanta, Georgia 30309. Comments 
can also be sent electronically to [email protected]:
    1. People Independent Bancshares, Inc., Boaz, Alabama; to acquire 
100

[[Page 5577]]

percent of the outstanding shares of Horizon Bank, Fyffe, Alabama.

    Board of Governors of the Federal Reserve System, January 12, 
2017.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2017-01045 Filed 1-17-17; 8:45 am]
 BILLING CODE 6210-01-P



                                                  5576                       Federal Register / Vol. 82, No. 11 / Wednesday, January 18, 2017 / Notices

                                                     The ‘‘Committee’’ is defined in                         ‘‘Model’’ means the term Model as it                By: lllllllllllllllllll
                                                  Section 2.01.                                           is defined in the CIPA.                                Title: llllllllllllllllll
                                                     ‘‘Continued Access Decision(s)’’                        ‘‘Net Composite Score’’ is defined in               lllllllllllllllllllll
                                                  means a decision, subject to the                        Section 1.03.                                          Witness
                                                  procedures, terms and conditions                           ‘‘100-Percent Vote’’ means an                       Federal Farm Credit Banks Funding
                                                  described in Article VI, that Final                     affirmative vote, through each voting                    Corporation, the Scorekeeper
                                                  Restrictions or a Final Prohibition not                 Bank’s board of directors or its designee,             By: lllllllllllllllllll
                                                  go into effect, or be lifted.                           of all Banks that are entitled to vote on              Title: llllllllllllllllll
                                                     ‘‘Continued Access Request’’ means a                 a matter.
                                                                                                                                                                 [end of Draft Third Amended and Restated
                                                  request for a Continued Access                             ‘‘Original Agreement’’ means that                   MAA]
                                                  Decision.                                               certain Market Access Agreement, dated
                                                     ‘‘Days’’ means calendar days, unless                 September 1, 1994 and effective as of                    Dated: January 12, 2017.
                                                  the term Business Days is used.                         November 23, 1994, among the Banks                     Dale L. Aultman,
                                                     ‘‘Debt Securities’’ means System-wide                and the Funding Corporation.                           Secretary, Farm Credit Administration Board.
                                                  and consolidated obligations issued                        ‘‘Parties’’ mean the parties to this                [FR Doc. 2017–01054 Filed 1–17–17; 8:45 am]
                                                  through the Funding Corporation,                        Restated MAA. A bank in                                BILLING CODE 6705–01–P
                                                  within the meaning of sections 4.2(c),                  conservatorship or receivership is not a
                                                  4.2(d) and 4.9 of the Act.                              party to this Restated MAA.
                                                     ‘‘Disclosure Program’’ means the                        ‘‘Person’’ means any human being,                   FEDERAL RESERVE SYSTEM
                                                  program established, pursuant to                        partnership, association, joint venture,
                                                  resolutions of the Banks and the                        corporation, legal representative or                   Formations of, Acquisitions by, and
                                                  Funding Corporation as approved on                      trust, or any other entity.                            Mergers of Bank Holding Companies
                                                  December 6, 2007 and amended in 2008,                      ‘‘Ratio(s)’’ means either the Tier 1
                                                  2011 and 2013, for disclosure at the                    Leverage Ratio, or Total Capital Ratio, as               The companies listed in this notice
                                                  System-wide level of financial and other                the circumstances require.                             have applied to the Board for approval,
                                                  information in connection with the                         ‘‘Second Restated MAA’’ means that                  pursuant to the Bank Holding Company
                                                  issuance of Debt Securities, as amended                 certain Second Amended and Restated                    Act of 1956 (12 U.S.C. 1841 et seq.)
                                                  from time to time, or any successor                     Market Access Agreement, dated                         (BHC Act), Regulation Y (12 CFR part
                                                  thereto.                                                December 14, 2011, among the Banks                     225), and all other applicable statutes
                                                     ‘‘FCA’’ means the Farm Credit                        and the Funding Corporation.                           and regulations to become a bank
                                                  Administration.                                            ‘‘Scorekeeper’’ is defined in Section               holding company and/or to acquire the
                                                     ‘‘Final Prohibition’’ means the                      1.01.                                                  assets or the ownership of, control of, or
                                                  requirements set forth in Section 5.01.                    ‘‘System’’ means the Farm Credit                    the power to vote shares of a bank or
                                                     ‘‘Final Restrictions’’ means the                     System.                                                bank holding company and all of the
                                                  requirements set forth in Section 4.01.                    ‘‘System Disclosure Agent’’ means the               banks and nonbanking companies
                                                     ‘‘First Restated MAA’’ means that                    Funding Corporation or such other                      owned by the bank holding company,
                                                  certain Amended and Restated Market                     disclosure agent as all Banks shall                    including the companies listed below.
                                                  Access Agreement, dated July 1, 2003,                   unanimously agree upon, to the extent                    The applications listed below, as well
                                                  among the Banks and the Funding                         permitted by law or regulation. For                    as other related filings required by the
                                                  Corporation.                                            purposes of this definition, ‘‘Banks’’                 Board, are available for immediate
                                                     ‘‘Funding Corporation’’ means the                    shall include any System bank in                       inspection at the Federal Reserve Bank
                                                  Federal Farm Credit Banks Funding                       conservatorship or receivership.                       indicated. The applications will also be
                                                  Corporation.                                               ‘‘Tier 1 Leverage Ratio’’ is defined in             available for inspection at the offices of
                                                     ‘‘Going Concern’’ means an entity that               12 CFR 628.10(c)(4).                                   the Board of Governors. Interested
                                                  is able to continue as a going concern                     ‘‘Total Capital Ratio’’ is defined in 12            persons may express their views in
                                                  as set forth in Financial Accounting                    CFR 628.10(c)(3).                                      writing on the standards enumerated in
                                                  Standards Board Accounting Standards                       In witness whereof, the Parties have                the BHC Act (12 U.S.C. 1842(c)). If the
                                                  Update 2014–15.                                         caused this Restated Agreement to be
                                                     ‘‘Insurance Corporation’’ means the                                                                         proposal also involves the acquisition of
                                                                                                          executed by their duly authorized                      a nonbanking company, the review also
                                                  Farm Credit System Insurance                            officers as of the date first above written.
                                                  Corporation.                                                                                                   includes whether the acquisition of the
                                                     ‘‘Insurance Fund’’ means the Farm                    lllllllllllllllllllll                                  nonbanking company complies with the
                                                  Credit Insurance Fund maintained by                     Witness                                                standards in section 4 of the BHC Act
                                                  the Insurance Corporation pursuant to                   AgFirst Farm Credit Bank                               (12 U.S.C. 1843). Unless otherwise
                                                  section 5.60 of the Act.                                By: lllllllllllllllllll                                noted, nonbanking activities will be
                                                     ‘‘Interest-Rate Sensitivity Deduction’’              Title: llllllllllllllllll                              conducted throughout the United States.
                                                  is defined as in Article II of CIPA, and                lllllllllllllllllllll                                    Unless otherwise noted, comments
                                                  the Model referred to therein, as                       Witness:                                               regarding each of these applications
                                                  amended from time to time, or any                       AgriBank, FCB                                          must be received at the Reserve Bank
                                                  successor thereto.                                      By: lllllllllllllllllll
                                                                                                                                                                 indicated or the offices of the Board of
                                                     ‘‘Joint and Several Liability                                                                               Governors not later than February 13,
                                                                                                          Title: llllllllllllllllll
                                                  Reallocation Agreement’’ means that                                                                            2017.
                                                                                                          lllllllllllllllllllll                                    A. Federal Reserve Bank of Atlanta
mstockstill on DSK3G9T082PROD with NOTICES




                                                  certain Joint and Several Liability
                                                                                                          Witness
                                                  Reallocation Agreement among the                                                                               (Chapelle Davis, Assistant Vice
                                                                                                          CoBank, FCB                                            President) 1000 Peachtree Street NE.,
                                                  Banks and the Funding Corporation.
                                                     ‘‘Liquidity Deficiency Deduction’’ is                By: lllllllllllllllllll                                Atlanta, Georgia 30309. Comments can
                                                  defined as in Article II of CIPA, and the               Title: llllllllllllllllll                              also be sent electronically to
                                                  Model referred to therein, as amended                   lllllllllllllllllllll                                  Applications.Comments@atl.frb.org:
                                                  from time to time, or any successor                     Witness                                                  1. People Independent Bancshares,
                                                  thereto.                                                Farm Credit Bank of Texas                              Inc., Boaz, Alabama; to acquire 100


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                                                                             Federal Register / Vol. 82, No. 11 / Wednesday, January 18, 2017 / Notices                                             5577

                                                  percent of the outstanding shares of                    GOVERNMENT ACCOUNTABILITY                              Services (HHS), is issuing this notice to
                                                  Horizon Bank, Fyffe, Alabama.                           OFFICE                                                 request public comment on a draft
                                                    Board of Governors of the Federal Reserve                                                                    Programmatic Environmental
                                                  System, January 12, 2017.                               Request for Medicare Payment                           Assessment (Draft PEA) for mosquito
                                                                                                          Advisory Commission Nominations                        control activities funded by HHS/CDC
                                                  Yao-Chin Chao,
                                                                                                                                                                 to Combat Zika Virus transmission in
                                                  Assistant Secretary of the Board.                       AGENCY:  U.S. Government
                                                                                                                                                                 the United States. HHS/CDC prepared
                                                  [FR Doc. 2017–01045 Filed 1–17–17; 8:45 am]             Accountability Office (GAO).
                                                                                                                                                                 the draft PEA in accordance with the
                                                  BILLING CODE 6210–01–P                                  ACTION: Request for letters of                         National Environmental Policy Act of
                                                                                                          nomination and resumes.                                1969 (NEPA) as amended (42 U.S.C.
                                                                                                          SUMMARY:   The Balanced Budget Act of                  4321 et seq.), the Council on
                                                  FEDERAL RESERVE SYSTEM                                                                                         Environmental Quality (CEQ)
                                                                                                          1997 established the Medicare Payment
                                                                                                          Advisory Commission (MedPAC) and                       implementing regulations (40 CFR parts
                                                  Change in Bank Control Notices;
                                                                                                          gave the Comptroller General                           1500–1508) and the HHS General
                                                  Acquisitions of Shares of a Bank or
                                                                                                          responsibility for appointing its                      Administration Manual (GAM) Part 30
                                                  Bank Holding Company
                                                                                                          members. GAO is now accepting                          Environmental Procedures, dated
                                                     The notificants listed below have                    nominations for MedPAC appointments                    February 25, 2000.
                                                  applied under the Change in Bank                        that will be effective May 1, 2017.                    DATES: Written comments must be
                                                  Control Act (12 U.S.C. 1817(j)) and                     Letters of nomination and resumes                      received on or before March 20, 2017.
                                                  § 225.41 of the Board’s Regulation Y (12                should be submitted no later than                      ADDRESSES: You may submit comments,
                                                  CFR 225.41) to acquire shares of a bank                 March 10, 2017 to ensure adequate                      identified by Docket No. CDC–2017-
                                                  or bank holding company. The factors                    opportunity for review and                             xxxx by any of the following methods:
                                                  that are considered in acting on the                    consideration of nominees prior to                       • Federal eRulemaking Portal: http://
                                                  notices are set forth in paragraph 7 of                 appointment of new members.                            www.regulations.gov. Follow the
                                                  the Act (12 U.S.C. 1817(j)(7)).                         Acknowledgement of submissions will                    instructions for submitting comments.
                                                                                                          be provided within a week of                             • Mail: Clint A. Liveoak, Deputy
                                                     The notices are available for                                                                               Director, Division of Issues
                                                  immediate inspection at the Federal                     submission. Please contact Greg Giusto
                                                                                                          at (202) 512–8268 if you do not receive                Management, Analysis, and
                                                  Reserve Bank indicated. The notices                                                                            Coordination, Centers for Disease
                                                  also will be available for inspection at                an acknowledgment.
                                                                                                          ADDRESSES:
                                                                                                                                                                 Control and Prevention, 1600 Clifton
                                                  the offices of the Board of Governors.                                                                         Road NE., MS–D13, Atlanta, GA 30329.
                                                  Interested persons may express their                       Email: MedPACappointments@
                                                                                                                                                                   Instructions: All submissions received
                                                  views in writing to the Reserve Bank                    gao.gov.
                                                                                                                                                                 must include the agency name and
                                                  indicated for that notice or to the offices                Mail: U.S. GAO, Attn: MedPAC
                                                                                                                                                                 Docket Number. All relevant comments
                                                  of the Board of Governors. Comments                     Appointments, 441 G Street NW.,
                                                                                                                                                                 received will be posted without change
                                                  must be received not later than February                Washington, DC 20548.
                                                                                                                                                                 to http://regulations.gov, including any
                                                  1, 2017.                                                FOR FURTHER INFORMATION CONTACT:                       personal information provided. For
                                                     A. Federal Reserve Bank of Kansas                    GAO Office of Public Affairs, (202) 512–               access to the docket to read background
                                                  City (Dennis Denney, Assistant Vice                     4800. 42 U.S.C. 1395b–6.                               documents or comments received, go to
                                                  President) 1 Memorial Drive, Kansas                     Gene L. Dodaro,                                        http://www.regulations.gov.
                                                  City, Missouri 64198–0001:                              Comptroller General of the United States.                The draft PEA is available at HHS/
                                                     1. Dennis Schardt, Kearney, Nebraska;                [FR Doc. 2017–00593 Filed 1–17–17; 8:45 am]
                                                                                                                                                                 CDC’s Zika Web site, https://
                                                  Brian Schardt, Grand Island, Nebraska;                                                                         www.cdc.gov/zika and at the docket
                                                                                                          BILLING CODE 1610–02–M
                                                  and Christina Nokelby, Marquette,                                                                              (www.regulations.gov). A copy of the
                                                  Nebraska; to acquire voting shares of                                                                          draft PEA can also be requested from
                                                  Bank Management, Inc., and thereby                                                                             Clint A. Liveoak, Deputy Director,
                                                                                                          DEPARTMENT OF HEALTH AND                               Division of Issues Management,
                                                  acquire shares of First Bank of Nebraska,               HUMAN SERVICES
                                                  both of Wahoo, Nebraska. In addition,                                                                          Analysis, and Coordination, Centers for
                                                  Christina Nokelby Trust No. 2, Kimberly                 Centers for Disease Control and                        Disease Control and Prevention, 1600
                                                  Schardt Porter Trust No. 2, Rebecca                     Prevention                                             Clifton Road, NE., MS–D13, Atlanta, GA
                                                  Rathjen Trust No. 2, Brian Schardt Trust                                                                       30329.
                                                                                                          [Docket No. CDC–2017–0003]                             SUPPLEMENTARY INFORMATION: The
                                                  No. 2, Brian Schardt, Kimberly Schardt
                                                  Porter, Rebecca Rathjen, Grand Island,                                                                         Centers for Disease Control and
                                                                                                          Notice of Availability of the Draft
                                                  Nebraska, and Chrstina Nokelby,                                                                                Prevention (CDC), within the
                                                                                                          Programmatic Environmental
                                                  Marquette, Nebraska, individually, and                                                                         Department of Health and Human
                                                                                                          Assessment (Draft PEA) for Mosquito
                                                  as trustees of the trusts listed, and                                                                          Services (HHS), has prepared a draft
                                                                                                          Control Activities Funded by HHS/CDC
                                                  Dennis Schardt, Kearney, Nebraska, for                                                                         Programmatic Environmental
                                                                                                          To Combat Zika Virus Transmission in
                                                  approval as members of the Schardt                                                                             Assessment (Draft PEA) to assess the
                                                                                                          the United States
                                                  Family Group acting in concert, and                                                                            potential impacts associated with
                                                  thereby acquire shares of Bank                          AGENCY: Centers for Disease Control and                supporting mosquito control activities
                                                                                                          Prevention (CDC), Department of Health                 funded by HHS/CDC to combat Zika
mstockstill on DSK3G9T082PROD with NOTICES




                                                  Management, Inc.
                                                                                                          and Human Services (HHS).                              Virus transmission in the United States.
                                                    Board of Governors of the Federal Reserve
                                                                                                          ACTION: Notice of Availability; request                The Draft PEA analyzes the effect of the
                                                  System, January 12, 2017.
                                                                                                          for comment.                                           Enhanced Support for Integrated
                                                  Yao-Chin Chao,                                                                                                 Mosquito Management (Proposed
                                                  Assistant Secretary of the Board.                       SUMMARY:  The Centers for Disease                      Alternative) and the No Action
                                                  [FR Doc. 2017–01046 Filed 1–17–17; 8:45 am]             Control and Prevention (CDC), within                   Alternative. The draft PEA evaluates the
                                                  BILLING CODE 6210–01–P                                  the Department of Health and Human                     potential impacts to the environment


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Document Created: 2018-02-01 15:19:45
Document Modified: 2018-02-01 15:19:45
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 Citation82 FR 5576 

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