83_FR_38845 83 FR 38693 - Notice to All Interested Parties of Intent To Terminate Receivership

83 FR 38693 - Notice to All Interested Parties of Intent To Terminate Receivership

FEDERAL DEPOSIT INSURANCE CORPORATION

Federal Register Volume 83, Issue 152 (August 7, 2018)

Page Range38693-38693
FR Document2018-16833

Federal Register, Volume 83 Issue 152 (Tuesday, August 7, 2018)
[Federal Register Volume 83, Number 152 (Tuesday, August 7, 2018)]
[Notices]
[Page 38693]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-16833]


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FEDERAL DEPOSIT INSURANCE CORPORATION


Notice to All Interested Parties of Intent To Terminate 
Receivership

    Notice is hereby given that the Federal Deposit Insurance 
Corporation (FDIC or Receiver) as Receiver for the institution listed 
below intends to terminate its receivership for said institution.

                                   Notice of Intent To Terminate Receivership
----------------------------------------------------------------------------------------------------------------
                                                                                                      Date of
               Fund                   Receivership name            City               State       appointment of
                                                                                                     receiver
----------------------------------------------------------------------------------------------------------------
10407.............................  Decatur First Bank...  Decatur.............  GA                   10/21/2011
----------------------------------------------------------------------------------------------------------------

    The liquidation of the assets for the receivership has been 
completed. To the extent permitted by available funds and in accordance 
with law, the Receiver will be making a final dividend payment to 
proven creditors.
    Based upon the foregoing, the Receiver has determined that the 
continued existence of the receivership will serve no useful purpose. 
Consequently, notice is given that the receivership shall be 
terminated, to be effective no sooner than thirty days after the date 
of this notice. If any person wishes to comment concerning the 
termination of the receivership, such comment must be made in writing, 
identify the receivership to which the comment pertains, and sent 
within thirty days of the date of this notice to: Federal Deposit 
Insurance Corporation, Division of Resolutions and Receiverships, 
Attention: Receivership Oversight Department 34.6, 1601 Bryan Street, 
Dallas, TX 75201.
    No comments concerning the termination of this receivership will be 
considered which are not sent within this time frame.

    Dated at Washington, DC, on August 2, 2018.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2018-16833 Filed 8-6-18; 8:45 am]
 BILLING CODE 6714-01-P



                                                                                      Federal Register / Vol. 83, No. 152 / Tuesday, August 7, 2018 / Notices                                                                                                                           38693

                                                                                                                                     SUMMARY OF ANNUAL BURDEN
                                                                                                                                                                                                                                                                                         Total
                                                                                                                                                                                                  Estimated
                                                                                                                                                                           Estimated                                       Estimated                     Frequency                      annual
                                                                                                    Type of                                                                                       frequency
                                                                                                                                Obligation to respond                      number of                                        time per                         of                        estimated
                                                                                                    burden                                                                                            of
                                                                                                                                                                          respondents                                      response                       response                      burden
                                                                                                                                                                                                  responses                                                                             (hours)

                                               Notice Regarding Assessment               Reporting ................           Required to Obtain or                                        2                       1                       2     On occasion .............                         4
                                                 Credits.                                                                       Retain Benefits.

                                                    Total Hourly Burden .........         .................................   .........................................   ....................   ....................     ....................   ..................................                4



                                               General Description of Collection                                              to more than 90 percent of an                                                             methodology and assumptions used; (c)
                                                                                                                              institution’s assessment.                                                                 ways to enhance the quality, utility, and
                                                  Section 7(e)(3) of the Federal Deposit                                         FDIC-insured institutions must notify                                                  clarity of the information to be
                                               Insurance Act (12 U.S.C. 1817(e)(3))                                           the FDIC if their one-time assessment                                                     collected; and (d) ways to minimize the
                                               (FDI Act), as amended by the Federal                                           credit is transferred, e.g., through a sale                                               burden of the collection of information
                                               Deposit Insurance Reform Act of 2005,                                          of the credits or through a merger, so                                                    on respondents, including through the
                                               requires that the FDIC provide by                                              that the FDIC can accurately track such                                                   use of automated collection techniques
                                               regulation an initial, one-time                                                transfers, apply available credits                                                        or other forms of information
                                               assessment credit to each ‘‘eligible’’                                         appropriately against institutions’                                                       technology. All comments will become
                                               insured depository institution (or its                                         deposit insurance assessments, and                                                        a matter of public record.
                                               successor) based on the assessment base                                        determine an institution’s 1996                                                             Dated at Washington, DC, on August 2,
                                               of the institution as of December 31,                                          assessment base if the transaction                                                        2018.
                                               1996, as compared to the combined                                              involved both the base and the credit                                                     Federal Deposit Insurance Corporation.
                                               aggregate assessment base of all eligible                                      amount. The need for credit transfer                                                      Robert E. Feldman,
                                               institutions as of that date, taking into                                      information will expire when the credit
                                                                                                                                                                                                                        Executive Secretary.
                                               account such other factors as the FDIC                                         pool has been exhausted.
                                                                                                                                                                                                                        [FR Doc. 2018–16846 Filed 8–6–18; 8:45 am]
                                               Board of Directors determines to be                                               There is no change in the method or
                                                                                                                                                                                                                        BILLING CODE 6714–01–P
                                               appropriate. The one-time credits must,                                        substance of the collection and the
                                               with certain exceptions, be applied by                                         burden remains unchanged from the
                                               the FDIC to the maximum extent                                                 previous Paperwork Reduction Act
                                                                                                                                                                                                                        FEDERAL DEPOSIT INSURANCE
                                               allowed by law to the assessments                                              submission.
                                                                                                                                                                                                                        CORPORATION
                                               imposed on such institution that                                               Request for Comment
                                               become due for assessment periods                                                                                                                                        Notice to All Interested Parties of
                                                                                                                                Comments are invited on: (a) Whether                                                    Intent To Terminate Receivership
                                               beginning after the effective date of the                                      the collection of information is
                                               one-time credit regulations until such                                         necessary for the proper performance of                                                     Notice is hereby given that the
                                               time as the credit is exhausted. For                                           the FDIC’s functions, including whether                                                   Federal Deposit Insurance Corporation
                                               assessments that become due for                                                the information has practical utility; (b)                                                (FDIC or Receiver) as Receiver for the
                                               assessment periods beginning in fiscal                                         the accuracy of the estimates of the                                                      institution listed below intends to
                                               years 2008, 2009, and 2010, the FDI Act                                        burden of the information collection,                                                     terminate its receivership for said
                                               provides that credits may not be applied                                       including the validity of the                                                             institution.

                                                                                                                   NOTICE OF INTENT TO TERMINATE RECEIVERSHIP
                                                                                                                                                                                                                                                                                    Date of
                                                                      Fund                                                    Receivership name                                                                  City                                         State              appointment
                                                                                                                                                                                                                                                                                  of receiver

                                               10407 .................................................      Decatur First Bank .............................                       Decatur ..............................................                  GA                         10/21/2011



                                                  The liquidation of the assets for the                                       comment must be made in writing,                                                          Federal Deposit Insurance Corporation.
                                               receivership has been completed. To the                                        identify the receivership to which the                                                    Robert E. Feldman,
                                               extent permitted by available funds and                                        comment pertains, and sent within                                                         Executive Secretary.
                                               in accordance with law, the Receiver                                           thirty days of the date of this notice to:                                                [FR Doc. 2018–16833 Filed 8–6–18; 8:45 am]
                                               will be making a final dividend                                                Federal Deposit Insurance Corporation,                                                    BILLING CODE 6714–01–P
                                               payment to proven creditors.                                                   Division of Resolutions and
                                                  Based upon the foregoing, the                                               Receiverships, Attention: Receivership
                                               Receiver has determined that the                                               Oversight Department 34.6, 1601 Bryan                                                     FEDERAL DEPOSIT INSURANCE
                                               continued existence of the receivership                                        Street, Dallas, TX 75201.                                                                 CORPORATION
daltland on DSKBBV9HB2PROD with NOTICES




                                               will serve no useful purpose.                                                    No comments concerning the
                                               Consequently, notice is given that the                                         termination of this receivership will be                                                  Notice of Termination of Receiverships
                                               receivership shall be terminated, to be
                                                                                                                              considered which are not sent within
                                               effective no sooner than thirty days after                                                                                                                                 The Federal Deposit Insurance
                                                                                                                              this time frame.
                                               the date of this notice. If any person                                                                                                                                   Corporation (FDIC or Receiver), as
                                               wishes to comment concerning the                                                 Dated at Washington, DC, on August 2,                                                   Receiver for each of the following
                                               termination of the receivership, such                                          2018.                                                                                     insured depository institutions, was


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Document Created: 2018-11-06 10:38:20
Document Modified: 2018-11-06 10:38:20
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 Citation83 FR 38693 

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