60-Day Federal Register Notice

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Federal Register / Vol. 81, No. 227 / Friday, November 25, 2016 / Notices
comply with a Congressional mandate
contained in section 7 of the Federal
Deposit Insurance Reform Conforming
Amendments Act of 2005 (‘‘Reform
Act’’) (Pub. L. 109–173), which calls for
the FDIC to conduct ongoing surveys
‘‘on efforts by insured depository
institutions to bring those individuals
and families who have rarely, if ever,
held a checking account, a savings
account or other type of transaction or
check cashing account at an insured
depository institution (hereafter in this
section referred to as the ‘unbanked’)
into the conventional finance system.’’
Section 7 further instructs the FDIC to
consider several factors in its conduct of
the surveys, including: (1) ‘‘what
cultural, language and identification
issues as well as transaction costs
appear to most prevent ‘unbanked’
individuals from establishing
conventional accounts’’; and (2) ‘‘what
is a fair estimate of the size and worth
of the ‘‘unbanked’’ market in the United
States.’’ The National Survey of
Unbanked and Underbanked
Households is designed to address these
factors and provide a factual basis on
the proportions of unbanked
households. Such a factual basis is
necessary to adequately assess banks’
efforts to serve these households as
required by the statutory mandate.
To obtain this information, the FDIC
partnered with the U.S. Census Bureau,
which administered the Household
Survey supplement (‘‘FDIC
Supplement’) to households that
participated in the January 2009, June
2011, June 2013 and June 2015 CPS. The
results of these surveys were released to
the public in December 2009, September
2012, October 2014, and October 2016,
respectively.
The FDIC supplement has yielded
nationally-representative data, not
otherwise available, on the size and
characteristics of the population that is
unbanked or underbanked, the use by
this population of alternative financial
services, and the reasons why some
households do not make greater use of
mainstream banking services. The
National Survey of Unbanked and
Underbanked Households is the only
population-representative survey
conducted at the national level that
provides state-level estimates of the size
and characteristics of unbanked and
underbanked households for all 50
states and the District of Columbia. An
executive summary of the results of the
first three Household Surveys, the full
reports, and the survey instruments can
be accessed through the following link:
http://www.economicinclusion.gov/
surveys/.

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Consistent with the statutory mandate
to conduct the surveys on an ongoing
basis, the FDIC already has in place
arrangements for conducting the fourth
Household Survey as a supplement to
the June 2017 CPS. However, prior to
finalizing the next survey questionnaire,
the FDIC seeks to solicit public
comment on whether changes to the
existing instrument are desirable and, if
so, to what extent. It should be noted
that, as a supplement of the CPS survey,
the Household Survey needs to adhere
to specific parameters that include
limits in the length and sensitivity of
the questions that can be asked of CPS
respondents. Specifically, there is a
strict limitation on the number of
questions permitted and the average
time required to complete the survey.
Request for Comment
Comments are invited on: (a) Whether
the collections of information are
necessary for the proper performance of
the FDIC’s functions, including whether
the information has practical utility; (b)
the accuracy of the estimates of the
burden of the information collections,
including the validity of the
methodology and assumptions used; (c)
ways to enhance the quality, utility, and
clarity of the information to be
collected; and (d) ways to minimize the
burden of the collections of information
on respondents, including through the
use of automated collection techniques
or other forms of information
technology. All comments will become
a matter of public record.
Dated at Washington, DC, this 21st day of
November 2016.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2016–28393 Filed 11–23–16; 8:45 am]
BILLING CODE 6714–01–P

FEDERAL DEPOSIT INSURANCE
CORPORATION
Agency Information Collection
Activities: Proposed Information
Collection Revision; Comment
Request (3064–0189)
Federal Deposit Insurance
Corporation (FDIC).
ACTION: Notice and request for comment.
AGENCY:

The Federal Deposit
Insurance Corporation (‘‘FDIC’’) invites
the general public and other Federal
agencies to take this opportunity to
comment on a revision of a continuing
information collection, titled,
‘‘Company-Run Annual Stress Test
Reporting Template and Documentation

SUMMARY:

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85223

for Covered Institutions with Total
Consolidated Assets of $50 Billion or
More under the Dodd-Frank Wall Street
Reform and Consumer Protection Act,’’
(3064–0189), as required by the
Paperwork Reduction Act of 1995.
Comments must be received by
January 24, 2017.

DATES:

You may submit written
comments by any of the following
methods:
• Federal eRulemaking Portal: http://
www.FDIC.gov/regulations/laws/
federal/notices.html. Follow the
instructions for submitting comments.
• Email: comments@fdic.gov. Include
‘‘Annual Stress Test Reporting Template
and Documentation for Covered
Institutions with Total Consolidated
Assets of $50 Billion or More’’ on the
subject line of the message.
• Mail: Manny Cabeza (202–898–
3767), Counsel, MB–3007, Federal
Deposit Insurance Corporation, 550 17th
Street NW., Washington, DC 20429.
• Hand Delivery/Courier: Guard
station at the rear of the 550 17th Street
Building (located on F Street) on
business days between 7:00 a.m. and
5:00 p.m.
• Public Inspection: All comments
received will be posted without change
to http://www.fdic.gov/regulations/laws/
federal/ including any personal
information provided.
Additionally, you may send a copy of
your comments: By mail to the U.S.
Office of Management and Budget, 725
17th Street NW., #10235, Washington,
DC 20503 or by facsimile to
202.395.6974, Attention: Federal
Banking Agency Desk Officer.

ADDRESSES:

You
can request additional information from
Manny Cabeza, 202.898.3767, Legal
Division, Federal Deposit Insurance
Corporation, 550 17th Street NW., MB–
3016 Washington, DC 20429. In
addition, copies of the templates
referenced in this notice can be found
on the FDIC’s Web site (http://www.
fdic.gov/regulations/laws/federal/).

FOR FURTHER INFORMATION CONTACT:

The FDIC
is requesting comment on the following
changes to the information collection:
Title: Company-Run Annual Stress
Test Reporting Template and
Documentation for Covered Institutions
with Total Consolidated Assets of $50
Billion or More under the Dodd-Frank
Wall Street Reform and Consumer
Protection Act.
OMB Control Number: 3064–0189.
Description: Section 165(i)(2) of the
Dodd-Frank Wall Street Reform and

SUPPLEMENTARY INFORMATION:

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85224

Federal Register / Vol. 81, No. 227 / Friday, November 25, 2016 / Notices

asabaliauskas on DSK3SPTVN1PROD with NOTICES

Consumer Protection Act 1 (‘‘DoddFrank Act’’) requires certain financial
companies, including state nonmember
banks and state savings associations, to
conduct annual stress tests 2 and
requires the primary financial regulatory
agency 3 of those financial companies to
issue regulations implementing the
stress test requirements.4 A state
nonmember bank or state savings
association is a ‘‘covered bank’’ and
therefore subject to the stress test
requirements if its total consolidated
assets are more than $10 billion. Under
section 165(i)(2), a covered bank is
required to submit to the Board of
Governors of the Federal Reserve
System (‘‘Board’’) and to its primary
financial regulatory agency a report at
such time, in such form, and containing
such information as the primary
financial regulatory agency shall
require.5
On October 15, 2012, the FDIC
published in the Federal Register a final
rule implementing the section 165(i)(2)
annual stress test requirement.6 The
final rule requires covered banks to
meet specific reporting requirements
under section 165(i)(2). In 2012, the
FDIC first implemented the reporting
templates for covered banks with total
consolidated assets of $50 billion or
more and provided instructions for
completing the reports.7 This
information collection notice describes
revisions by the FDIC to the relevant
reporting templates and related
instructions, as well as required
information. The information contained
in these information collections may be
given confidential treatment to the
extent allowed by law (5 U.S.C.
552(b)(4)).
Consistent with past practice, the
FDIC intends to use the data collected
to assess the reasonableness of the stress
test results of covered banks and to
provide forward-looking information to
the FDIC regarding a covered
institution’s capital adequacy. The FDIC
also may use the results of the stress
tests to determine whether additional
analytical techniques and exercises
could be appropriate to identify,
measure, and monitor risks at the
covered bank. The stress test results are
1 Public Law 111–203, 124 Stat. 1376 (July 21,
2010).
2 12 U.S.C. 5365(i)(2)(A).
3 12 U.S.C. 5301(12).
4 12 U.S.C. 5365(i)(2)(C).
5 12 U.S.C. 5365(i)(2)(B).
6 77 FR 62417(October 15, 2012).
7 77 FR 52719 (August 30, 2012) and 77 FR 70435
(November 26, 2012). The most recent revisions to
the reporting templates and related instructions
were made in 2014. See 79 FR 58780 (September
30, 2014) and 79 FR 75152 (December 17, 2014)

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expected to support ongoing
improvement in a covered bank’s stress
testing practices with respect to its
internal assessments of capital adequacy
and overall capital planning.
The FDIC recognizes that many
covered banks with total consolidated
assets of $50 billion or more are
required to submit reports using the
Board’s Comprehensive Capital
Analysis and Review (‘‘CCAR’’)
reporting form, FR Y–14A. The FDIC
also recognizes the Board has modified
the FR Y–14A, and the FDIC will keep
its reporting requirements as similar as
possible with the Board’s FR Y–14A in
order to minimize burden on affected
institutions. Therefore, the FDIC is
revising its reporting requirements to
remain consistent with the Board’s FR
Y–14A for covered banks with total
consolidated assets of $50 billion or
more.
Proposed Revisions to Reporting
Templates for Institutions With $50
Billion or More in Assets
The proposed revisions to the
DFAST–14A reporting templates consist
of clarifying instructions, adding and
removing schedules, adding, deleting,
and modifying existing data items, and
altering the as-of dates. These proposed
changes would increase consistency
between the DFAST–14A with the FR
Y–14A and CALL Report,
Summary Schedule, Standardized RWA
Worksheet
The proposed revision includes
multiple line items changes intended to
promote consistency with the FR Y–14A
and ensure the collection of accurate
information.
Summary Schedule, Capital Worksheet
Covered institutions would be
required to estimate their
supplementary leverage ratio for the
planning horizon beginning on January
1, 2018. The FDIC proposes adding two
items to the Summary Schedule:
Supplementary Leverage Ratio Exposure
(SLR Exposure) and Supplementary
Leverage Ratio (the SLR). The SLR
would be a derived field.
In addition, to collect more precise
information regarding deferred tax
assets (DTAs), the FDIC proposes
modifying one existing item on the
Capital—DFAST worksheet of the
Summary schedule as-of December 31,
2016. The FDIC proposes changing
existing item 112 on the Capital—
DFAST worksheet of the Summary
schedule, ‘‘Deferred tax assets arising
from temporary differences that could
not be realized through net operating
loss carrybacks, net of DTLs, but before

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related valuation allowances’’, to
‘‘Deferred tax assets arising from
temporary differences, net of DTLs.’’ A
covered institution in a net deferred tax
liability (DTL) position would report
this item as a negative number. This
modification would provide more
specific information about the
components of the ‘‘DTAs arising from
temporary differences that could not be
realized through net operating loss
carrybacks, net of related valuation
allowances and net of DTLs’’ subject to
the common equity tier 1 capital
deduction threshold.
The proposed revisions would also
remove certain items that pertained to
the capital regulations in place before
the adoption of the Basel III final rule.
Summary Schedule, Counterparty
Worksheet
The FDIC proposes adding the item
‘‘Other counterparty losses’’ to the
counterparty worksheet of the Summary
schedule.
Regulatory Capital Instruments
Schedule
The FDIC proposes to remove the
Regulatory Capital Instruments
Schedule.
Regulatory Capital Transitions Schedule
The FDIC proposes to remove the
Regulatory Capital Transitions
Schedule.
Operational Risk Schedule
The FDIC proposes to remove the
Operational Risk Schedule.
Burden Estimates
The FDIC estimates that the proposed
revisions will not affect the burden
estimates of this information collection
which will remain as follows:
Number of Respondents: 4.
Annual Burden per Respondent:
1,114.
Total Annual Burden: 4,456.
The FDIC recognizes that the Board
requires bank holding companies to
prepare the Summary, Macro scenario,
Operational risk, Regulatory capital
transitions, and Regulatory capital
instruments for the FR Y–14A. The
FDIC believes that the systems covered
institutions use to prepare the FR Y–
14A reporting templates will also be
used to prepare the reporting templates
described in this notice. Comments
continue to be invited on:
(a) Whether the collection of
information is necessary for the proper
performance of the functions of the
FDIC, including whether the
information has practical utility;

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Federal Register / Vol. 81, No. 227 / Friday, November 25, 2016 / Notices
(b) The accuracy of the FDIC’s
estimate of the burden of the collection
of information;
(c) Ways to enhance the quality,
utility, and clarity of the information to
be collected;
(d) Ways to minimize the burden of
the collection on respondents, including
through the use of automated collection
techniques or other forms of information
technology; and
(e) Estimates of capital or start-up
costs and costs of operation,
maintenance, and purchase of services
to provide information.
Dated at Washington, DC, this 21st day of
November.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2016–28344 Filed 11–23–16; 8:45 am]
BILLING CODE 6714–01–P

asabaliauskas on DSK3SPTVN1PROD with NOTICES

Change in Bank Control Notices;
Acquisitions of Shares of a Bank or
Bank Holding Company
The notificants listed below have
applied under the Change in Bank
Control Act (12 U.S.C. 1817(j)) and
§ 225.41 of the Board’s Regulation Y (12
CFR 225.41) to acquire shares of a bank
or bank holding company. The factors
that are considered in acting on the
notices are set forth in paragraph 7 of
the Act (12 U.S.C. 1817(j)(7)).
The notices are available for
immediate inspection at the Federal
Reserve Bank indicated. The notices
also will be available for inspection at
the offices of the Board of Governors.
Interested persons may express their
views in writing to the Reserve Bank
indicated for that notice or to the offices
of the Board of Governors. Comments
must be received not later than
December 9, 2016.
A. Federal Reserve Bank of Chicago
(Colette A. Fried, Assistant Vice
President) 230 South LaSalle Street,
Chicago, Illinois 60690–1414:
1. Mike Weis and Valerie Weis,
Norwalk, Iowa, individually and as
controlling shareholders of Interstate
Enterprises, Ltd. a wholly-owned
subsidiary of Interstate Telephone
Company, Truro, Iowa, and as a group
acting in concert with: Paul Cain, Van
Meter, Iowa; Kelly Cain, Van Meter,
Iowa; David Cain, Van Meter, Iowa;
Meghan E. Cain, Van Meter, Iowa;
Stephen Cain, Winterset, Iowa; Marvin
A. Eivins, Winterset, Iowa; Lillian K.
Eivins, Winterset, Iowa; Susan Eivins
Brakhane, Winterset, Iowa; James W.

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Board of Governors of the Federal Reserve
System, November 21, 2016.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2016–28386 Filed 11–23–16; 8:45 am]

FEDERAL RESERVE SYSTEM

VerDate Sep<11>2014

Mease, Winterset, Iowa; Sue A. Mease,
Winterset, Iowa; Justin J. Mease,
Ankeny, Iowa; April S. Schaefer, Cedar
Rapids, Iowa; Shane K. Pashek,
Winterset, Iowa; Ann Pashek, Winterset,
Iowa; Taylor E. Pashek, Winterset, Iowa;
S. James Smith, Winterset, Iowa; Linda
J. Smith, Earlham, Iowa; Kari L. Brett,
Altoona, Iowa; Ellen D. Wade, Beacon,
New York; M. Randall Townsend,
Winterset, Iowa; Kimberly A. Townsend,
Winterset, Iowa; Megan A. Townsend,
Winterset, Iowa; David E. Trask,
Winterset, Iowa; Judith A. Trask,
Winterset, Iowa; and Kristin Elizabeth
Weis, Winterset, Iowa; to acquire control
voting shares of Farmers and Merchants
Bancorp, Winterset, Iowa, and thereby
indirectly control Farmers & Merchants
State Bank, Winterset, Iowa.

85225

Governors not later than December 21,
2016.
A. Federal Reserve Bank of St. Louis
(David L. Hubbard, Senior Manager)
P.O. Box 442, St. Louis, Missouri
63166–2034. Comments can also be sent
electronically to
Comments.applications@stls.frb.org:
1. Lonoke Bancshares, Inc., Lonoke,
Arkansas; to indirectly acquire 100
percent of Pinnacle Bancshares, Inc.,
Rogers, Arkansas, and thereby indirectly
acquire Pinnacle Bank, Rogers,
Arkansas.
Board of Governors of the Federal Reserve
System, November 21, 2016.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2016–28387 Filed 11–23–16; 8:45 am]
BILLING CODE 6210–01–P

DEPARTMENT OF HEALTH AND
HUMAN SERVICES

BILLING CODE 6210–01–P

Centers for Disease Control and
Prevention

FEDERAL RESERVE SYSTEM

[Docket No. CDC–2016–0110]

Formations of, Acquisitions by, and
Mergers of Bank Holding Companies

Draft Guideline Update—CDC
Recommendations on Use of
Chlorhexidine-Impregnated Dressings
for Prevention of Intravascular
Catheter-Related Infections

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

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Centers for Disease Control and
Prevention (CDC), Department of Health
and Human Services (DHHS).
ACTION: Notice of availability and
request for public comments.
AGENCY:

The Centers for Disease
Control and Prevention (CDC), located
within the Department of Health and
Human Services (HHS) announces the
opening of a docket to obtain public
comment on the Draft Update of CDC
Recommendations on Use of
Chlorhexidine-Impregnated Dressings
for Prevention of Intravascular CatheterRelated Infections (Draft
Recommendation Update). The Draft
Recommendation Update addresses new
and updated strategies for the
prevention of intravascular catheterrelated infections in healthcare settings.
CDC is providing a supporting appendix
in the docket that includes primary
evidence, study evaluation, and data
evaluation tables that were used in
developing the Draft Recommendation
Update.

SUMMARY:

Comments must be received on
or before January 24, 2017.
ADDRESSES: You may submit comments,
identified by Docket No. CDC–2016–
0110 by any of the following methods:
DATES:

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