Federal Register / Vol. 87, No. 41 / Wednesday, March 2, 2022 / Notices 11707 

1 12 U.S.C. 1844(b) and (c). 

2 Public Law 111–203, 124 Stat. 1376 (2010). 

3 5 U.S.C. 552(b)(4). 

Request for Comment on Information 

Collection Proposal 

The Board invites public comment on 

the following information collection, 

which is being reviewed under 

authority delegated by the OMB under 

the PRA. Comments are invited on the 

following: 

a. Whether the proposed collection of 

information is necessary for the proper 

performance of the Board’s functions, 

including whether the information has 

practical utility; 

b. The accuracy of the Board’s 

estimate of the burden of the proposed 

information collection, including the 

validity of the methodology and 

assumptions used; 

c. Ways to enhance the quality, 

utility, and clarity of the information to 

be collected; 

d. Ways to minimize the burden of 

information collection on respondents, 

including through the use of automated 

collection techniques or other forms of 

information technology; and 

e. Estimates of capital or startup costs 

and costs of operation, maintenance, 

and purchase of services to provide 

information. 

At the end of the comment period, the 

comments and recommendations 

received will be analyzed to determine 

the extent to which the Board should 

modify the proposal. 

Proposal Under OMB Delegated 

Authority To Extend for Three Years, 

Without Revision, the Following 

Information Collection 

Report title: Notice of Proposed Stock 

Redemption. 

Agency form number: FR 4008. 

OMB control number: 7100–0131. 

Frequency: On occasion. 

Respondents: Bank holding 

companies (BHCs). 

Estimated number of respondents: 6. 

Estimated average hours per response: 

15.5. 

Estimated annual burden hours: 93. 

General description of report: The 

Bank Holding Company Act of 1956 

(BHC Act) and Board’s Regulation Y— 

Bank Holding Companies and Change in 

Bank Control (12 CFR 225) require a 

BHC to seek the prior approval of the 

Board before purchasing or redeeming 

its equity securities in certain 

circumstances. Due to the limited 

information that a BHC must provide in 

connection with any such request, there 

is no required reporting form (the FR 

4008 designation is for internal 

purposes only), and each request for 

prior approval is generally filed 30 days 

before the proposed stock purchase or 

redemption as a notification with the 

Reserve Bank that has direct supervisory 

responsibility for the requesting BHC. 

The Federal Reserve uses the 

information provided in the redemption 

notices to supervise BHCs. 

Legal authorization and 

confidentiality: The FR 4008 is 

authorized pursuant to sections 5(b) and 

(c) of the Bank Holding Company Act 

(BHC Act).1 Section 5(b) of the BHC Act, 

as amended by section 616 of the DoddFrank Wall Street Reform and Consumer 

Protection Act,2 authorizes the Board to 

‘‘issue such regulations and orders, 

including regulations and orders 

relating to the capital requirements for 

bank holding companies, as may be 

necessary to enable it to administer and 

carry out the purposes of this chapter 

and prevent evasions thereof.’’ Section 

5(c) of the BHC Act generally authorizes 

the Board to, among other things, 

require reports from BHCs on a range of 

issues. The FR 4008 is required for 

certain BHCs to obtain the benefit of 

being able to purchase or redeem their 

equity securities. 

Individual respondents may request 

that data submitted be kept confidential 

on a case-by-case basis. If a respondent 

requests confidential treatment, the 

Board will determine whether the 

information is entitled to confidential 

treatment on an ad hoc basis. Requests 

may include information related to the 

BHC’s business operations, such as 

terms and sources of the funding for the 

redemption and pro forma balance 

sheets. To the extent that this 

information constitutes nonpublic 

commercial or financial information, 

which is both customarily and actually 

treated as private by the respondent, it 

may be kept confidential under 

exemption 4 of the Freedom of 

Information Act, which exempts ‘‘trade 

secrets and commercial or financial 

information obtained from a person and 

privileged or confidential.’’ 3

Board of Governors of the Federal Reserve 

System, February 24, 2022. 

Michele Taylor Fennell, 

Deputy Associate Secretary of the Board. 

[FR Doc. 2022–04345 Filed 3–1–22; 8:45 am] 

BILLING CODE 6210–01–P 

FEDERAL RESERVE SYSTEM 

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 (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 

applications are set forth in paragraph 7 

of the Act (12 U.S.C. 1817(j)(7)). 

The public portions of the 

applications listed below, as well as 

other related filings required by the 

Board, if any, are available for 

immediate inspection at the Federal 

Reserve Bank(s) indicated below and at 

the offices of the Board of Governors. 

This information may also be obtained 

on an expedited basis, upon request, by 

contacting the appropriate Federal 

Reserve Bank and from the Board’s 

Freedom of Information Office at 

https://www.federalreserve.gov/foia/ 

request.htm. Interested persons may 

express their views in writing on the 

standards enumerated in paragraph 7 of 

the Act. 

Comments regarding each of these 

applications must be received at the 

Reserve Bank indicated or the offices of 

the Board of Governors, Ann E. 

Misback, Secretary of the Board, 20th 

Street and Constitution Avenue NW, 

Washington, DC 20551–0001, not later 

than March 16, 2022. 

A. Federal Reserve Bank of Dallas 

(Karen Smith, Director, Applications) 

2200 North Pearl Street, Dallas, Texas 

75201–2272: 

1. The MES 2022 Trust and Marvin 

Edward Singleton, IV, individually, and 

as trustee, both of Waxahachie, Texas; 

to join the Marvin Edward Singleton, III 

Family Control Group, a group acting in 

concert, to acquire voting shares of First 

Citizens Bancshares, Inc., and thereby 

indirectly acquire voting shares of 

Citizens National Bank of Texas, both of 

Waxahachie, Texas. 

Board of Governors of the Federal Reserve 

System, February 25, 2022. 

Michele Taylor Fennell, 

Deputy Associate Secretary of the Board. 

[FR Doc. 2022–04395 Filed 3–1–22; 8:45 am] 

BILLING CODE 6210–01–P 

FEDERAL RESERVE SYSTEM 

[FR 4004; OMB No. 7100–0112] 

Agency Information Collection 

Activities: Announcement of Board 

Approval Under Delegated Authority 

and Submission to OMB 

AGENCY: Board of Governors of the 

Federal Reserve System. 

SUMMARY: The Board of Governors of the 

Federal Reserve System (Board) is 

adopting a proposal to extend for three 

years, without revision, the Written 


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11708 Federal Register / Vol. 87, No. 41 / Wednesday, March 2, 2022 / Notices 

1 12 U.S.C. 1882(a) (requiring federal banking 

agencies, including the Board, to issue rules 

establishing minimum standards for banks with 

respect to the installation, maintenance, and 

operation of security devices and procedures to 

discourage robberies, burglaries, and larcenies and 

to assist in the identification and apprehension of 

persons who commit such acts). 

2 5 U.S.C. 552(b)(8). 

3 5 U.S.C. 552(b)(4). 

Security Program for State Member 

Banks. 

FOR FURTHER INFORMATION CONTACT: 

Federal Reserve Board Clearance 

Officer—Nuha Elmaghrabi—Office of 

the Chief Data Officer, Board of 

Governors of the Federal Reserve 

System, Washington, DC 20551, (202) 

452–3829. 

Office of Management and Budget 

(OMB) Desk Officer for the Federal 

Reserve Board, Office of Information 

and Regulatory Affairs, Office of 

Management and Budget, New 

Executive Office Building, Room 10235, 

725 17th Street NW, Washington, DC 

20503, or by fax to (202) 395–6974. 

SUPPLEMENTARY INFORMATION: On June 

15, 1984, OMB delegated to the Board 

authority under the Paperwork 

Reduction Act (PRA) to approve and 

assign OMB control numbers to 

collections of information conducted or 

sponsored by the Board. Boardapproved collections of information are 

incorporated into the official OMB 

inventory of currently approved 

collections of information. The OMB 

inventory, as well as copies of the PRA 

Submission, supporting statements, and 

approved collection of information 

instrument(s) are available at https://

www.reginfo.gov/public/do/PRAMain. 

These documents are also available on 

the Federal Reserve Board’s public 

website at https://www.federalreserve.

gov/apps/reportforms/review.aspx or 

may be requested from the agency 

clearance officer, whose name appears 

above. 

Final Approval Under OMB Delegated 

Authority of the Extension for Three 

Years, Without Revision, of the 

Following Information Collection 

Report title: Written Security Program 

for State Member Banks. 

Agency form number: FR 4004. 

OMB control number: 7100–0112. 

Frequency: On occasion. 

Respondents: State member banks. 

Estimated number of respondents: 14. 

Estimated average hours per response: 

1. 

Estimated annual burden hours: 14. 

General description of report: This 

information collection arises from a 

recordkeeping requirement contained in 

section 208.61 of the Board’s Regulation 

H, Membership of State Banking 

Institutions in the Federal Reserve 

System (12 CFR 208), which requires 

each state member bank to develop and 

maintain a written security program for 

the bank’s main office and branches 

within 180 days of becoming a member 

of the Federal Reserve System. 

Legal authorization and 

confidentiality: Section 3 of the Bank 

Protection Act of 1968 authorizes the FR 

4004 recordkeeping requirement.1 The 

FR 4004 is mandatory. 

Entities subject to the FR 4004 

recordkeeping requirement generally are 

not required to provide such 

information to the Board. If the Board 

obtained information retained pursuant 

to the FR 4004 as part of an examination 

or supervision of a financial institution, 

it may be considered confidential under 

exemption 8 of the Freedom of 

Information Act (FOIA).2 Information 

provided under the FR 4004 may also be 

kept confidential under FOIA 

exemption 4 as confidential commercial 

or financial information that is both 

customarily and actually treated as 

private.3

Current actions: On November 23, 

2021, the Board published a notice in 

the Federal Register (86 FR 66559) 

requesting public comment for 60 days 

on the extension, without revision, of 

the Written Security Program for State 

Member Banks. The comment period for 

this notice expired on January 24, 2022. 

The Board did not receive any 

comments. 

Board of Governors of the Federal Reserve 

System, February 24, 2022. 

Michele Taylor Fennell, 

Deputy Associate Secretary of the Board. 

[FR Doc. 2022–04348 Filed 3–1–22; 8:45 am] 

BILLING CODE 6210–01–P 

FEDERAL RESERVE SYSTEM 

[FR 2320; OMB No. 7100–0345] 

Agency Information Collection 

Activities: Announcement of Board 

Approval Under Delegated Authority 

and Submission to OMB 

AGENCY: Board of Governors of the 

Federal Reserve System. 

SUMMARY: The Board of Governors of the 

Federal Reserve System (Board) is 

adopting a proposal to extend for three 

years, without revision, the Quarterly 

Savings and Loan Holding Company 

Report. 

FOR FURTHER INFORMATION CONTACT: 

Federal Reserve Board Clearance 

Officer—Nuha Elmaghrabi—Office of 

the Chief Data Officer, Board of 

Governors of the Federal Reserve 

System, Washington, DC 20551, (202) 

452–3829. 

Office of Management and Budget 

(OMB) Desk Officer for the Federal 

Reserve Board, Office of Information 

and Regulatory Affairs, Office of 

Management and Budget, New 

Executive Office Building, Room 10235, 

725 17th Street NW, Washington, DC 

20503, or by fax to (202) 395–6974. 

SUPPLEMENTARY INFORMATION: On June 

15, 1984, OMB delegated to the Board 

authority under the Paperwork 

Reduction Act (PRA) to approve and 

assign OMB control numbers to 

collections of information conducted or 

sponsored by the Board. Boardapproved collections of information are 

incorporated into the official OMB 

inventory of currently approved 

collections of information. The OMB 

inventory, as well as copies of the PRA 

Submission, supporting statements, and 

approved collection of information 

instrument(s) are available at https://

www.reginfo.gov/public/do/PRAMain. 

These documents are also available on 

the Federal Reserve Board’s public 

website at https://www.federalreserve.

gov/apps/reportforms/review.aspx or 

may be requested from the agency 

clearance officer, whose name appears 

above. 

Final Approval Under OMB Delegated 

Authority of the Extension for Three 

Years, Without Revision, of the 

Following Information Collection 

Report title: Quarterly Savings and 

Loan Holding Company Report. 

Agency form number: FR 2320. 

OMB control number: 7100–0345. 

Frequency: Quarterly. 

Respondents: Savings and loan 

holding companies (SLHCs). 

Estimated number of respondents: 5. 

Estimated average hours per response: 

2.5. 

Estimated annual burden hours: 50. 

General description of report: The FR 

2320 collects select parent only and 

consolidated balance sheet and income 

statement financial data and 

organizational structure data from 

SLHCs exempt from filing other Federal 

Reserve regulatory reports. Specifically, 

the FR 2320 collects data on the assets, 

liabilities, equity, and income of the 

organization. In addition, the FR 2320 

collects information about and changes 

to the organization’s subsidiaries, 

management, capital structure, and 

operations. 

Legal authorization and 

confidentiality: The FR 2320 is 

authorized by section 10(b)(2) of the 

Home Owners’ Loan Act (HOLA), which 

states that ‘‘each [SLHC] and each 

subsidiary thereof, other than a savings 


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