83 FR 46163 - Formations of, Acquisitions by, and Mergers of Bank Holding Companies
FEDERAL RESERVE SYSTEM Federal Register Volume 83, Issue 177 (September 12, 2018)
Federal Register Volume 83, Issue 177 (September 12, 2018)
| Page Range | 46163-46163 | |
| FR Document | 2018-19826 |
[Federal Register Volume 83, Number 177 (Wednesday, September 12, 2018)] [Notices] [Page 46163] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2018-19826] ----------------------------------------------------------------------- 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 October 8, 2018. A. Federal Reserve Bank of Dallas (Robert L. Triplett III, Senior Vice President) 2200 North Pearl Street, Dallas, Texas 75201-2272: 1. Veritex Holdings, Inc., Dallas, Texas; to acquire Green Bancorp, Inc., and thereby indirectly acquire Green Bank, National Association, both of Houston, Texas. Board of Governors of the Federal Reserve System, September 7, 2018. Yao-Chin Chao, Assistant Secretary of the Board. [FR Doc. 2018-19826 Filed 9-11-18; 8:45 am] BILLING CODE 6210-01-P
![Federal Register / Vol. 83, No. 177 / Wednesday, September 12, 2018 / Notices 46163
an ‘‘HVCRE ADC Loan,’’ as defined in the Board of Governors. Interested OMB Desk Officer—Shagufta
section 214 of EGRRCPA. Section 202 of persons may express their views in Ahmed—Office of Information and
EGRRCPA also amended the statutory writing on the standards enumerated in Regulatory Affairs, Office of
definition of ‘‘brokered deposits.’’ The the BHC Act (12 U.S.C. 1842(c)). If the Management and Budget, New
current instructions for reporting proposal also involves the acquisition of Executive Office Building, Room 10235,
HVCRE and brokered deposits in the FR a nonbanking company, the review also 725 17th Street NW, Washington, DC
Y–9C are inconsistent with these includes whether the acquisition of the 20503 or by fax to (202) 395–6974.
provisions of EGRRCPA. nonbanking company complies with the SUPPLEMENTARY INFORMATION: On June
In order to avoid the regulatory standards in section 4 of the BHC Act 15, 1984, OMB delegated to the Board
burden associated with different (12 U.S.C. 1843). Unless otherwise authority under the Paperwork
definitions for HVCRE exposures and noted, nonbanking activities will be Reduction Act (PRA) to temporarily
brokered deposits within a single conducted throughout the United States. approve a revision to a collection of
organization, the Board has amended Unless otherwise noted, comments information without providing
the FR Y–9C instructions to permit bank regarding each of these applications opportunity for public comment if the
holding companies, savings and loan must be received at the Reserve Bank Board determines that a change in an
holding companies, and intermediate indicated or the offices of the Board of existing collection must be instituted
holding companies of foreign banks to Governors not later than October 8, quickly and that public participation in
report HVCRE and brokered deposits on 2018. the approval process would defeat the
the FR Y–9C report in a manner A. Federal Reserve Bank of Dallas
purpose of the collection or
consistent with their subsidiary (Robert L. Triplett III, Senior Vice
substantially interfere with the Board’s
depository institution(s). President) 2200 North Pearl Street,
Dallas, Texas 75201–2272: ability to perform its statutory
In order for the FR Y–9C to reflect
1. Veritex Holdings, Inc., Dallas, obligation.
sections 202 and 214 of EGRRCPA,
Texas; to acquire Green Bancorp, Inc., The Board’s delegated authority
which became effective immediately
and thereby indirectly acquire Green requires that the Board, after
when EGRRCPA was signed on May 24,
Bank, National Association, both of temporarily approving a collection,
2018, the Board cannot comply with the
Houston, Texas. publish a notice soliciting public
normal clearance process and still
comment. The Board will publish a
receive the June 30, 2018, financial data Board of Governors of the Federal Reserve notice in the future inviting comment
in a timely manner. Therefore, the System, September 7, 2018.
on these actions.
Board has determined that the revisions Yao-Chin Chao,
Final approval under OMB delegated
to the FR Y–9C described above must be Assistant Secretary of the Board. authority of the temporary revision of
instituted quickly and public [FR Doc. 2018–19826 Filed 9–11–18; 8:45 am] the following report:
participation in the approval process BILLING CODE 6210–01–P Report title: Complex Institution
would substantially interfere with the
Liquidity Monitoring Report.
Board’s ability to perform its statutory
Agency form number: FR 2052a.
obligations arising from EGRRCPA. FEDERAL RESERVE SYSTEM OMB control number: 7100–0361.
Board of Governors of the Federal Reserve Effective Date: June 30, 2018.
System, September 6, 2018. Agency Information Collection
Activities: Announcement of Board Frequency: Monthly, and each
Michele Taylor Fennell, business day (daily).
Assistant Secretary of the Board. Approval Under Delegated Authority
Respondents: U.S. bank holding
[FR Doc. 2018–19676 Filed 9–11–18; 8:45 am] AGENCY: Board of Governors of the companies (BHCs), U.S. savings and
BILLING CODE 6210–01–P Federal Reserve System. loan holding companies (SLHCs), and
SUMMARY: Notice is hereby given of foreign banking organizations (FBOs)
temporary approval of revisions to the with U.S. assets.
FEDERAL RESERVE SYSTEM mandatory Complex Institution Estimated number of respondents:
Liquidity Monitoring Report (FR 2052a; Monthly, 40; Daily, 12.
Formations of, Acquisitions by, and OMB No. 7100–0361) by the Board of Estimated average hours per response:
Mergers of Bank Holding Companies Governors of the Federal Reserve Monthly, 120; Daily, 220.
The companies listed in this notice System (Board) pursuant to the Estimated annual burden hours:
have applied to the Board for approval, authority delegated to the Board by the 717,600.
pursuant to the Bank Holding Company Office of Management and Budget General description of report: The FR
Act of 1956 (12 U.S.C. 1841 et seq.) (OMB), per OMB Regulations on 2052a is used to monitor the overall
(BHC Act), Regulation Y (12 CFR part Controlling Paperwork Burdens on the liquidity profile of institutions
225), and all other applicable statutes Public. The temporary approval is valid supervised by the Board. These data
and regulations to become a bank until March 31, 2019. provide detailed information on the
holding company and/or to acquire the DATES: The revisions are applicable as of liquidity risks within different business
assets or the ownership of, control of, or June 30, 2018. lines (e.g., financing of securities
the power to vote shares of a bank or FOR FURTHER INFORMATION CONTACT: positions, prime brokerage activities). In
bank holding company and all of the Federal Reserve Board Clearance particular, these data serve as part of the
banks and nonbanking companies Officer—Nuha Elmaghrabi—Office of Board’s supervisory surveillance
owned by the bank holding company, the Chief Data Officer, Board of program in its liquidity risk
daltland on DSKBBV9HB2PROD with NOTICES
including the companies listed below. Governors of the Federal Reserve management area and provide timely
The applications listed below, as well System, Washington, DC 20551, (202) information on firm-specific liquidity
as other related filings required by the 452–3829. Telecommunications Device risks during periods of stress. Analyses
Board, are available for immediate for the Deaf (TDD) users may contact of systemic and idiosyncratic liquidity
inspection at the Federal Reserve Bank (202) 263–4869, Board of Governors of risk issues are then used to inform the
indicated. The applications will also be the Federal Reserve System, Board’s supervisory processes,
available for inspection at the offices of Washington, DC 20551. including the preparation of analytical
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Document Created: 2018-09-12 02:07:02
Document Modified: 2018-09-12 02:07:02
| 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 46163 |
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