40238 Federal Register / Vol. 87, No. 128 / Wednesday, July 6, 2022 / Notices 

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

2Public Law 111–203, 124 Stat. 1376 (2010). 3 5 U.S.C. 552(b)(4). 

Board of Governors of the Federal Reserve 

System, June 30, 2022. 

Michele Taylor Fennell, 

Deputy Associate Secretary of the Board. 

[FR Doc. 2022–14364 Filed 7–5–22; 8:45 am] 

BILLING CODE 6210–01–P 

FEDERAL RESERVE SYSTEM 

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 Notice of 

Proposed Stock Redemption (FR 4008; 

OMB No. 7100–0131). 

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 

Collection title: Notice of Proposed 

Stock Redemption. 

Collection identifier: 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 collection: 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 BHC Act.1 Section 5(b) of the 

BHC Act, as amended by section 616 of 

the Dodd-Frank 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. 

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 

[that is] privileged or confidential.’’ 3

Current actions: On March 2, 2022, 

the Board published a notice in the 

Federal Register (87 FR 11706) 

requesting public comment for 60 days 

on the extension, without revision, of 

the FR 4008. The comment period for 

this notice expired on May 2, 2022. The 

Board did not receive any comments. 

Board of Governors of the Federal Reserve 

System, June 30, 2022. 

Michele Taylor Fennell, 

Deputy Associate Secretary of the Board. 

[FR Doc. 2022–14376 Filed 7–5–22; 8:45 am] 

BILLING CODE 6210–01–P 

FEDERAL RESERVE SYSTEM 

Notice of Proposals To Engage in or 

To Acquire Companies Engaged in 

Permissible Nonbanking Activities 

The companies listed in this notice 

have given notice under section 4 of the 

Bank Holding Company Act (12 U.S.C. 

1843) (BHC Act) and Regulation Y, (12 

CFR part 225) to engage de novo, or to 

acquire or control voting securities or 

assets of a company, including the 

companies listed below, that engages 

either directly or through a subsidiary or 

other company, in a nonbanking activity 

that is listed in § 225.28 of Regulation Y 

(12 CFR 225.28) or that the Board has 

determined by Order to be closely 

related to banking and permissible for 

bank holding companies. Unless 

otherwise noted, these activities will be 

conducted throughout the United States. 

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 

question whether the proposal complies 

with the standards of section 4 of the 

BHC Act. 

Unless otherwise noted, comments 

regarding the applications must be 

received at the Reserve Bank indicated 

or the offices of the Board of Governors, 


jspears on DSK121TN23PROD with NOTICES1
Federal Register / Vol. 87, No. 128 / Wednesday, July 6, 2022 / Notices 40239 

Ann E. Misback, Secretary of the Board, 

20th Street and Constitution Avenue 

NW, Washington DC 20551–0001, not 

later than July 21, 2022. 

A. Federal Reserve Bank of Dallas 

(Karen Smith, Director, Applications) 

2200 North Pearl Street, Dallas, Texas 

75201–2272: 

1. Jonesboro Bancshares, Inc., 

Jonesboro, Louisiana; to engage de novo 

in extending credit and servicing loans 

pursuant to section 225.28(b)(1) of the 

Board’s Regulation Y. 

Board of Governors of the Federal Reserve 

System. 

Michele Taylor Fennell, 

Deputy Associate Secretary of the Board. 

[FR Doc. 2022–14366 Filed 7–5–22; 8:45 am] 

BILLING CODE 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 July 21, 2022. 

A. Federal Reserve Bank of 

Minneapolis (Chris P. Wangen, 

Assistant Vice President), 90 Hennepin 

Avenue, Minneapolis, Minnesota 

55480–0291, or electronically to MA@

mpls.frb.org: 

1. The Alix E. Behm Revocable Living 

Trust, Alix E. Behm, as trustee; and the 

Kenneth M. Behm Revocable Living 

Trust, Kenneth M. Behm, as trustee, all 

of Willmar, Minnesota; to join the Behm 

Family Shareholder Group, a group 

acting in concert, to acquire voting 

shares of Kandiyohi Bancshares, Inc., 

Willmar, Minnesota, and thereby 

indirectly acquire voting shares of Home 

State Bank, Litchfield, Minnesota. 

B. Federal Reserve Bank of Dallas 

(Karen Smith, Director, Applications) 

2200 North Pearl Street, Dallas, Texas 

75201–2272: 

1. Scotty Dan Allen and Johnny Brad 

Allen, both of Stephenville, Texas; as a 

group acting in concert to acquire 

additional voting shares of F & M 

Bancshares, Inc., and thereby indirectly 

acquire voting shares of Farmers and 

Merchants Bank, both of De Leon, 

Texas. In addition, Scotty Dan Allen, 

individually, to retain voting shares of 

F & M Bancshares, Inc., and thereby 

indirectly retain voting shares of 

Farmers and Merchants Bank. 

Board of Governors of the Federal Reserve 

System. 

Michele Taylor Fennell, 

Deputy Associate Secretary of the Board. 

[FR Doc. 2022–14379 Filed 7–5–22; 8:45 am] 

BILLING CODE P 

FEDERAL RESERVE SYSTEM 

Proposed Agency Information 

Collection Activities; Comment 

Request 

AGENCY: Board of Governors of the 

Federal Reserve System. 

ACTION: Notice, request for comment. 

SUMMARY: The Board of Governors of the 

Federal Reserve System (Board) invites 

comment on a proposal to extend for 

three years, without revision, the Notice 

by Financial Institutions of Government 

Securities Broker or Government 

Securities Dealer Activities and Notice 

by Financial Institutions of Termination 

of Activities as a Government Securities 

Broker or Government Securities Dealer 

(Form G–FIN and Form G–FINW; OMB 

No. 7100–0224). 

DATES: Comments must be submitted on 

or before September 6, 2022. 

ADDRESSES: You may submit comments, 

identified by Form G–FIN or Form G– 

FINW, by any of the following methods: 

• Agency Website: https://

www.federalreserve.gov/. Follow the 

instructions for submitting comments at 

https://www.federalreserve.gov/apps/ 

foia/proposedregs.aspx. 

• Email: regs.comments@

federalreserve.gov. Include the OMB 

number or FR number in the subject line 

of the message. 

• Fax: (202) 452–3819 or (202) 452– 

3102. 

• Mail: Federal Reserve Board of 

Governors, Attn: Ann E. Misback, 

Secretary of the Board, Mailstop M– 

4775, 2001 C St NW, Washington, DC 

20551. 

All public comments are available 

from the Board’s website at https://

www.federalreserve.gov/apps/foia/ 

proposedregs.aspx as submitted, unless 

modified for technical reasons or to 

remove personally identifiable 

information at the commenter’s request. 

Accordingly, comments will not be 

edited to remove any confidential 

business information, identifying 

information, or contact information. 

Public comments may also be viewed 

electronically or in paper in Room M– 

4365A, 2001 C St. NW, Washington, DC 

20551, between 9:00 a.m. and 5:00 p.m. 

on weekdays. For security reasons, the 

Board requires that visitors make an 

appointment to inspect comments. You 

may do so by calling (202) 452–3684. 

Upon arrival, visitors will be required to 

present valid government-issued photo 

identification and to submit to security 

screening in order to inspect and 

photocopy comments. 

Additionally, commenters may send a 

copy of their comments to the 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. 

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. 

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. In exercising 

this delegated authority, the Board is 

directed to take every reasonable step to 

solicit comment. In determining 

whether to approve a collection of 

information, the Board will consider all 

comments received from the public and 

other agencies. 

During the comment period for this 

proposal, a copy of the proposed PRA 

OMB submission, including the draft 

reporting form and instructions, 

supporting statement, and other 

documentation, will be made available 


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