64444 Federal Register / Vol. 65, No. 209 / Friday, October 27, 2000 / Notices

Small businesses are affected.

General description of report: This

information collection is voluntary (12

U.S.C. 248 (a)(2), 353–359, and 461(c)).

Completing the FR 2004 reports by

nondepository institutions is not a

mandatory obligation, and it may be

deemed to be voluntary; however, it is

required to be completed by those

nondepository institution dealers who

desire to be primary dealers. Individual

respondent data are regarded as

confidential under the Freedom of

Information Act (5 U.S.C. 552(b)(4)).

Abstract: The FR 2004WI collects

daily information on a next-businessday basis on positions in to-be-issued

Treasury coupon securities, mainly the

trading on a when-issued delivery basis.

4. Report title: Semiannual Report of

Derivatives Activity.

Agency form number: FR 2436.

OMB control number: 7100–0286.

Frequency: Semiannual.

Reporters: large U.S. dealers of overthe-counter (OTC) derivatives.

Annual reporting hours: 1,800 hours.

Estimated average hours per response:

100.

Number of respondents: 9.

Small businesses are not affected.

General description of report: This

information collection is voluntary (12

U.S.C. 248 (a), 353–359, and 461) and is

given confidential treatment (5 U.S.C.

552(b)(4)).

Abstract: The FR 2436 collects

derivatives market statistics from a

sample of nine large U.S. dealers of

over-the-counter (OTC) derivatives. Data

are collected on notional amounts and

gross market values of the volumes of

broad categories of foreign exchange,

interest rate, equity- and commoditylinked OTC derivatives instruments

across a range of underlying currencies,

interest rates, and equity markets.

This collection of information

complements the ongoing triennial

Survey of Foreign Exchange and

Derivatives Market Activity (FR 3036).

The FR 2436 collects similar data on the

outstanding volume of derivatives, but

not on derivatives turnover. As with the

FR 3036, the Federal Reserve conducts

this report in coordination with other

central banks and forwards the

aggregated data furnished by U.S.

reporters to the Bank of International

Settlements (BIS), which publishes

global market statistics that are

aggregations of national data.

5. Report title: Reports Related to

Securities Issued by State Member

Banks as Required by Regulation H.

Agency form number: Reg H–1.

OMB control number: 7100–0091.

Frequency: On occasion.

Reporters: State member banks.

Annual reporting hours: 2,085 hours.

Estimated average hours per response:

5.11.

Number of respondents: 24.

Small businesses are not affected.

General description of report: This

information collection is mandatory (15

U.S.C. 781(i)) and is not given

confidential treatment.

Abstract: The Federal Reserve’s

Regulation H requires certain state

member banks to submit information

relating to their securities to the Board

of Governors of the Federal Reserve

System on the same forms that bank

holding companies and nonbank

entities use to submit similar

information to the Securities and

Exchange Commission (SEC). The

information is primarily used for public

disclosure and is available to the public

upon request.

Proposal to approve under OMB

delegated authority the extension for

three years, with revision of the

following reports:

1. Report title: The Government

Securities Dealers Reports: The Weekly

Report of Dealer Positions (FR 2004A),

The Weekly Report of Cumulative

Dealer Transactions (FR 2004B), The

Weekly Report of Dealer Financing and

Fails (FR 2004C), and The Weekly

Report of Specific Issues (FR 2004SI).

Agency form number: FR 2004.

OMB control number: 7100–0003.

Frequency: Weekly.

Reporters: Primary dealers in the U.S.

government securities market.

Annual reporting hours: 14,239 hours.

Estimated average hours per response:

FR 2004A, 1.5 hours; FR 2004B, 2 hours;

FR 2004 C 1.5 hours; FR 2004SI, 3

hours.

Number of respondents: 29 dealers.

Small businesses are affected.

General description of report: This

information collection is voluntary (12

U.S.C. 248 (a)(2), 353–359, and 461(c)).

Completing the FR 2004 reports by

nondepository institutions is not a

mandatory obligation, and it may be

deemed to be voluntary; however, it is

required to be completed by those

nondepository institution dealers who

desire to be primary dealers. Individual

respondent data are regarded as

confidential under the Freedom of

Information Act (5 U.S.C. 552(b)(4)).

Abstract: The FR 2004A collects data

as of Wednesday of each week on

dealers’ outright positions in Treasury

and other marketable debt securities as

well as their positions in futures and

options on underlying marketable debt

securities. The FR 2004B collects data

cumulated for the week ended

Wednesday on the volume of

transactions made by dealers in the

same instruments for which positions

are reported on the FR 2004A. The FR

2004C collects data as of Wednesday of

each week on the amounts of dealer

financing and fails. The FR 2004SI

collects data as of Wednesday of each

week on outright, financing, options,

and fails positions in current or on-therun issues. Under certain circumstances

FR 2004SI data can also be collected on

a daily basis for on-the-run and off-therun securities.

Current actions: The staff proposes

several revisions to the reports to

address changes in the market

conditions. Futures and options data are

being deleted from the FR 2004A, B, and

SI because few dealers report much

activity in this area and these data have

proved to be of limited use in market

surveillance. Items are being added to

the FR 2004A and B to gain a better

picture of the corporate securities

markets. Items are being consolidated

on the FR 2004C because the

transactions categories currently

reported have not provided significant

insight into the functioning of funding

markets and, therefore, add reporting

burden without adequate benefit. The

revised reporting forms would be

implemented as of July 4, 2001, and

would impose 22 percent less burden on

respondents.

Board of Governors of the Federal Reserve

System, October 23, 2000.

Jennifer J. Johnson,

Secretary of the Board.

[FR Doc. 00–27604 Filed 10–26–00; 8:45 am]

BILLING CODE 6210–01–P

FEDERAL RESERVE SYSTEM

Change in Bank Control Notices;

Acquisitions of Shares of Banks or

Bank Holding Companies

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 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

November 13, 2000.

Federal Register / Vol. 65, No. 209 / Friday, October 27, 2000 / Notices 64445

A. Federal Reserve Bank of

Richmond (A. Linwood Gill, III, Vice

President) 701 East Byrd Street,

Richmond, Virginia 23261–4528:

1. James L. Pitrolo, Jr., John B. Pitrolo,

Janice M. Cota, and Joyce E. Keefover;

all of Mannington, West Virginia; to

acquire additional voting shares of

Heritage Bancshares, Inc., Mannington,

West Virginia, and thereby indirectly

acquire additional voting shares of First

Exchange Bank, Mannington, West

Virginia.

Board of Governors of the Federal Reserve

System, October 24, 2000.

Robert deV. Frierson,

Associate Secretary of the Board.

[FR Doc. 00–27676 Filed 10–26–00; 8:45 am]

BILLING CODE 6210–01–P

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 application also will 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.

Additional information on all bank

holding companies may be obtained

from the National Information Center

website at www.ffiec.gov/nic/.

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 November 20,

2000.

A. FEDERAL RESERVE BANK OF DALLAS

(W. Arthur Tribble, Vice President) 2200

North Pearl Street, Dallas, Texas 75201–

2272:

1. OSB Delaware Financial Services,

Inc., Dover, Delaware, and OSB

Financial Services, Inc., Orange, Texas;

to become bank holding companies by

acquiring 100 percent of the voting

shares of Orange Savings Bank, SSB,

Orange, Texas.

2. Southwest Bancorporation of

Texas, Inc., Houston, Texas, and

Southwest Holding Delaware,

Wilmington, Delaware; to merge with

Citizens Bankers, Inc., Baytown, Texas,

and Citizens Bankers of Delaware, Inc.,

Wilmington, Delaware, and thereby

indirectly acquire voting shares of

Citizens Bank and Trust Company of

Baytown, Texas, Baytown, Texas;

Baytown State Bank, Baytown, Texas;

Pasadena State Bank, Pasadena, Texas;

and First National Bank of Bay City, Bay

City, Texas.

Board of Governors of the Federal Reserve

System, October 23, 2000.

Robert deV. Frierson,

Associate Secretary of the Board.

[FR Doc. 00–27606 Filed 10–26–00; 8:45 am]

BILLING CODE 6210–01–P

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 application also will 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.

Additional information on all bank

holding companies may be obtained

from the National Information Center

website at www.ffiec.gov/nic/.

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 November 24,

2000.

A. Federal Reserve Bank of Chicago

(Phillip Jackson, Applications Officer)

230 South LaSalle Street, Chicago,

Illinois 60690–1414:

1. Mid-Iowa BancShares, Co., Algona,

Iowa; to merge with Ruthven

Investment, Ltd., Ruthven, Iowa, and

thereby indirectly acquire voting shares

of Ruthven State Bank, Ruthven, Iowa.

2. First Bancorp of Taylorville, Inc.,

Taylorville, Illinois; to acquire 100

percent of the voting shares of The First

National Bank of Mt. Auburn, Mt.

Auburn, Illinois.

B. Federal Reserve Bank of San

Francisco (Maria Villanueva, Consumer

Regulation Group) 101 Market Street,

San Francisco, California 94105–1579:

1. Humboldt Bancorp, Eureka,

California; to merge with Tehama

Bancorp, Red Bluff, California, and

thereby indirectly acquire voting shares

of Tehama Bank, Red Bluff, California.

2. New Corporation, Oakland,

California; to become a bank holding

company by acquiring 100 percent of

the voting shares of Met Financial

Corporation, Oakland, California, and

thereby indirectly acquire voting shares

of Metropolitan Bank, Oakland,

California.

3. UFJ Holdings, Inc. (in formation),

Osaka, Japan; to become a bank holding

company by acquiring 100 percent of

the voting shares of The Sanwa Bank,

Limited, Osaka, Japan, and thereby

indirectly acquire Sanwa Bank

California, San Francisco, California,

and The Tokai Bank, Limited, Nagoya,

Japan, and thereby acquire Tokai Bank

of California, Los Angeles, California.

In connection with this application,

Applicant also has applied to acquire

Sanwa Financial Products Co., L.L.C,

New York, New York, and thereby

engage in derivative product

transactions as an originator and as a

principal, pursuant to § 225.28(b)(7) of

Regulation Y; and thereby indirectly

acquire Sanwa Futures, L.L.C, Chicago,

Illinois, and thereby engage in the

execution and clearance, on various

futures exchanges, of futures and

options contracts, pursuant to

§ 225.28(b)(7) of Regulation Y; Sanwa

Universal Securities Co., L.L.C., New

York, New York, and thereby engage in

broker dealer activities and to a limited