Thrift Financial Report

ICR 201106-1550-005

OMB: 1550-0023

Federal Form Document

Forms and Documents
Document
Name
Status
Form and Instruction
Modified
Supporting Statement A
2011-06-16
Supplementary Document
2011-06-16
Supplementary Document
2011-06-15
IC Document Collections
IC ID
Document
Title
Status
19848 Modified
ICR Details
1550-0023 201106-1550-005
Historical Active 201102-1550-001
TREAS/OTS
Thrift Financial Report
Revision of a currently approved collection   No
Emergency 06/17/2011
Approved without change 06/17/2011
Retrieve Notice of Action (NOA) 06/16/2011
  Inventory as of this Action Requested Previously Approved
12/31/2011 6 Months From Approved 03/31/2014
2,896 0 2,964
182,166 0 186,360
0 0 0

OTS collects financial data from insured savings associations, their subsidiaries, and their holding companies in order to assure their safety and soundness as depositories of the personal of the personal monies of the general public. OTS monitors financial positions and interest-rate risk so that adverse conditions can be remedied promptly.
The agencies have determined that (1) the collection of information within the scope of this request is needed prior to the expiration of time periods established under 5 C.F.R. § 1320.10; (2) this collection of information is essential to the mission of the agencies; and (3) the agencies cannot reasonably comply with the normal clearance procedures because an unanticipated event has occurred and the use of normal clearance procedures is reasonably likely to prevent or disrupt the collection of information.

US Code: 12 USC 1 et seq. Name of Law: National Banking Act
  
None

Not associated with rulemaking

  76 FR 14460 03/16/2011
Yes

1
IC Title Form No. Form Name
Thrift Financial Report 1313 Thrift Financial Report

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 2,896 2,964 0 0 -68 0
Annual Time Burden (Hours) 182,166 186,360 0 -4,194 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
Yes
Changing Forms
OTS is citing an increase in the burden due to revisions to the TFR resulting in an increase in the response time. OTS is also citing a decrease in number of responses. The deposit insurance assessment-related reporting changes that are the subject of this request for emergency clearance will provide the information the FDIC needs to calculate (1) the assessment bases for all insured depository institutions as redefined in accordance with section 331(b) of the Dodd-Frank Act and the FDIC's final rule, and (2) the assessment rates for "large institutions" and "highly complex institutions" using a scorecard set forth in the final rule that combines CAMELS ratings and certain forward-looking financial measures to assess the risk such institutions pose to the Deposit Insurance Fund.

$0
No
No
No
Yes
No
Uncollected
William Shively 202 906-5701 [email protected]

  No

On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
 
 
 
 
 
 
 
    (i) Why the information is being collected;
    (ii) Use of information;
    (iii) Burden estimate;
    (iv) Nature of response (voluntary, required for a benefit, or mandatory);
    (v) Nature and extent of confidentiality; and
    (vi) Need to display currently valid OMB control number;
 
 
 
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
06/16/2011


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