83 FR 38306 - Formations of, Acquisitions by, and Mergers of Bank Holding Companies

FEDERAL RESERVE SYSTEM

Federal Register Volume 83, Issue 151 (August 6, 2018)

Page Range		38306-38306
FR Document		2018-16753

Federal Register, Volume 83 Issue 151 (Monday, August 6, 2018)

[Federal Register Volume 83, Number 151 (Monday, August 6, 2018)]
[Notices]
[Page 38306]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-16753]


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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 August 31, 2018.
    A. Federal Reserve Bank of Dallas (Robert L. Triplett III, Senior 
Vice President) 2200 North Pearl Street, Dallas, Texas 75201-2272:
    1. Steele Holdings, Inc., Tyler, Texas; to merge with Joaquin 
Bankshares, Inc., Huntington, Texas, and thereby indirectly acquire 
Texas State Bank, Joaquin, Texas.

    Board of Governors of the Federal Reserve System, August 1, 
2018.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2018-16753 Filed 8-3-18; 8:45 am]
 BILLING CODE P

38306 Federal Register / Vol. 83, No. 151 / Monday, August 6, 2018 / Notices

requirements to aggregate one or more review the confidentiality status of such FEDERAL RESERVE SYSTEM
counterparties even if one or more notices.
factors indicating economic Formations of, Acquisitions by, and
By order of the Board of Governors of the
interdependence or control Mergers of Bank Holding Companies
Federal Reserve System, July 24, 2018.
relationships are met, subject to certain
Yao-Chin Chao, The companies listed in this notice
conditions, including that such relief be
Assistant Secretary of the Board. have applied to the Board for approval,
in the public interest and consistent
pursuant to the Bank Holding Company
with the purpose of the rule.14 The [FR Doc. 2018–16132 Filed 8–3–18; 8:45 am]
Act of 1956 (12 U.S.C. 1841 et seq.)
SCCL rule also permits a covered BILLING CODE 6210–01–P
(BHC Act), Regulation Y (12 CFR part
company or covered foreign entity that
225), and all other applicable statutes
is not in compliance with the
and regulations to become a bank
requirements of the rule to request a FEDERAL RESERVE SYSTEM
holding company and/or to acquire the
special temporary credit exposure limit
Change in Bank Control Notices; assets or the ownership of, control of, or
exemption from the Board to permit
Acquisitions of Shares of a Bank or the power to vote shares of a bank or
continued credit transactions with that
Bank Holding Company bank holding company and all of the
counterparty, based upon a finding that
banks and nonbanking companies
those transactions are necessary or
The notificants listed below have owned by the bank holding company,
appropriate to preserve the safety and
applied under the Change in Bank including the companies listed below.
soundness of the covered company or The applications listed below, as well
U.S. financial stability.15 Control Act (12 U.S.C. 1817(j)) and
as other related filings required by the
Legal authorization and § 225.41 of the Board’s Regulation Y (12
Board, are available for immediate
confidentiality: Section 165(e) of the CFR 225.41) to acquire shares of a bank
inspection at the Federal Reserve Bank
Dodd-Frank Act (12 U.S.C. 5365(e)) and or bank holding company. The factors indicated. The applications will also be
section 5(c)(1) of the Bank Holding that are considered in acting on the available for inspection at the offices of
Company Act of 1956 (12 U.S.C. notices are set forth in paragraph 7 of the Board of Governors. Interested
1844(c)(1)) authorize the Board to the Act (12 U.S.C. 1817(j)(7)). persons may express their views in
require these BHCs, FBOs, and U.S. The notices are available for writing on the standards enumerated in
IHCs to file a reporting form such as the immediate inspection at the Federal the BHC Act (12 U.S.C. 1842(c)). If the
proposed FR 2590 with the Board. The Reserve Bank indicated. The notices proposal also involves the acquisition of
proposed FR 2590 would be mandatory also will be available for inspection at a nonbanking company, the review also
for U.S. BHCs with total consolidated the offices of the Board of Governors. includes whether the acquisition of the
assets that equal or exceed $250 billion, nonbanking company complies with the
Interested persons may express their
FBOs with U.S. banking operations and standards in section 4 of the BHC Act
views in writing to the Reserve Bank
total consolidated assets that equal or (12 U.S.C. 1843). Unless otherwise
indicated for that notice or to the offices
exceed $250 billion, and U.S. IHCs of noted, nonbanking activities will be
such FBOs with at least $50 billion in of the Board of Governors. Comments
must be received not later than August conducted throughout the United States.
total consolidated assets. Unless otherwise noted, comments
20, 2018.
The data collected on this proposed regarding each of these applications
form includes financial information that A. Federal Reserve Bank of Kansas must be received at the Reserve Bank
is not normally disclosed by the City (Dennis Denney, Assistant Vice indicated or the offices of the Board of
respondent organizations, the release of President) 1 Memorial Drive, Kansas Governors not later than August 31,
which would likely cause substantial City, Missouri 64198–0001: 2018.
harm to the competitive position of the 1. Ernest E. (Gene) Dillard, Sheila A. A. Federal Reserve Bank of Dallas
respondent organization if made Dillard, and Aaron D. Dillard, all of (Robert L. Triplett III, Senior Vice
publicly available. Therefore, the data Tulsa Oklahoma, and Sarah E. Dillard, President) 2200 North Pearl Street,
collected on this form would be kept Dallas, Texas; to acquire voting shares Dallas, Texas 75201–2272:
confidential under exemption 4 of the of First Pryor Bancorp, Inc., Pryor, 1. Steele Holdings, Inc., Tyler, Texas;
Freedom of Information Act, which Oklahoma, and thereby be approved as to merge with Joaquin Bankshares, Inc.,
protects from disclosure trade secrets Huntington, Texas, and thereby
members of the Dillard family group,
and commercial or financial information indirectly acquire Texas State Bank,
which owns voting shares of First Pryor
(5 U.S.C. 552(b)(4)). Joaquin, Texas.
Bancorp, Inc. and thereby indirectly
Regarding notices associated with owns First Pryority Bank, Pryor, Board of Governors of the Federal Reserve
requests for temporary relief from Oklahoma, and Locust Grove Banshares, System, August 1, 2018.
specific requirements of the SCCL rule, Yao-Chin Chao,
Inc., Locust Grove, Oklahoma, which
a firm that wishes information in these Assistant Secretary of the Board.
owns Lakeside Bank of Salina, Salina,
notices to be kept confidential in [FR Doc. 2018–16753 Filed 8–3–18; 8:45 am]
accordance with exemption 4 of the Oklahoma, and Bank of Locust Grove,
Freedom of Information Act (5 U.S.C. Locust Grove, Oklahoma. BILLING CODE P

552(b)(4)) may request confidential Board of Governors of the Federal Reserve
treatment under the Board’s rules System, July 31, 2018. FEDERAL RESERVE SYSTEM
sradovich on DSK3GMQ082PROD with NOTICES

regarding confidential treatment of Yao-Chin Chao,
information at 12 CFR 261.15. The Assistant Secretary of the Board. Formations of, Acquisitions by, and
Board’s Legal Division will be asked to [FR Doc. 2018–16701 Filed 8–3–18; 8:45 am]
Mergers of Savings and Loan Holding
Companies
BILLING CODE P
14 See §§ 252.76(b)(3), 252.76(c)(2), 252.176(b)(3),

and 252.176(c)(2) of the SCCL rule. The companies listed in this notice
15 See § 252.78(c)(2) and 252.178(c)(2) of the have applied to the Board for approval,
SCCL rule. pursuant to the Home Owners’ Loan Act

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Document Created: 2018-11-06 10:36:52
Document Modified: 2018-11-06 10:36:52

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		83 FR 38306