30-Day Federal Register Notice

FR2-0189 Stress Testing Template $50 Billion and Over 82 FR 14726 March 22 2017.pdf

Annual Stress Test Reporting Templates and Documentation for Covered Banks with Total Consolidated Assets of $50 Billion or More under Dodd-Frank

30-Day Federal Register Notice

OMB: 3064-0189

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14726

Federal Register / Vol. 82, No. 54 / Wednesday, March 22, 2017 / Notices

FEDERAL DEPOSIT INSURANCE
CORPORATION
Notice to All Interested Parties of
Intent To Terminate the Receivership
of 10332, Evergreen State Bank,
Stoughton, Wisconsin
Notice is hereby given that the
Federal Deposit Insurance Corporation
(‘‘FDIC’’) as Receiver for Evergreen State
Bank, Stoughton, Wisconsin (the
‘‘Receiver’’) intends to terminate its
receivership for said institution. The
FDIC was appointed receiver of
Evergreen State Bank on January 28,
2011. The liquidation of the
receivership assets has been completed.
To the extent permitted by available
funds and in accordance with law, the
Receiver will be making a final dividend
payment to proven creditors.
Based upon the foregoing, the
Receiver has determined that the
continued existence of the receivership
will serve no useful purpose.
Consequently, notice is given that the
receivership shall be terminated, to be
effective no sooner than thirty days after
the date of this Notice. If any person
wishes to comment concerning the
termination of the receivership, such
comment must be made in writing and
sent within thirty days of the date of
this Notice to: Federal Deposit
Insurance Corporation, Division of
Resolutions and Receiverships,
Attention: Receivership Oversight
Department 34.6, 1601 Bryan Street,
Dallas, TX 75201.
No comments concerning the
termination of this receivership will be
considered which are not sent within
this time frame.
Dated: March 16, 2017.
Valerie J. Best,
Assistant Executive Secretary, Federal
Deposit Insurance Corporation.
BILLING CODE 6714–01–P

FEDERAL DEPOSIT INSURANCE
CORPORATION

asabaliauskas on DSK3SPTVN1PROD with NOTICES

Notice to All Interested Parties of
Intent To Terminate the Receivership
of 10464, Citizens First National Bank,
Princeton, Illinois
Notice is hereby given that the Federal
Deposit Insurance Corporation (‘‘FDIC’’)
as Receiver for Citizens First National
Bank, Princeton, Illinois (the
‘‘Receiver’’) intends to terminate its
receivership for said institution. The
FDIC was appointed receiver of Citizens
First National Bank on November 2,
2012. The liquidation of the

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Dated: March 16, 2017.
Federal Deposit Insurance Corporation,
Valerie J. Best,
Assistant Executive Secretary.
[FR Doc. 2017–05612 Filed 3–21–17; 8:45 am]
BILLING CODE 6714–01–P

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

In accordance with the
requirements of the Paperwork
Reduction Act (PRA) of 1995, the FDIC
may not conduct or sponsor, and the
respondent is not required to respond
to, an information collection unless it
displays a currently valid Office of
Management and Budget (OMB) control
number. On November 25, 2016, (81 FR
85223), the FDIC requested comment for
60 days on a proposal to revise the
information collection described below.
The comment period for the November
25, 2016 notice ended on January 24,
2017 and no comments were received.
The FDIC hereby gives notice that it has
sent the collection of information
revision to OMB for review.
DATES: Comments must be received by
April 21, 2017.
ADDRESSES: You may submit written
comments, which should refer to
SUMMARY:

[FR Doc. 2017–05611 Filed 3–21–17; 8:45 am]

VerDate Sep<11>2014

receivership assets has been completed.
To the extent permitted by available
funds and in accordance with law, the
Receiver will be making a final dividend
payment to proven creditors.
Based upon the foregoing, the
Receiver has determined that the
continued existence of the receivership
will serve no useful purpose.
Consequently, notice is given that the
receivership shall be terminated, to be
effective no sooner than thirty days after
the date of this Notice. If any person
wishes to comment concerning the
termination of the receivership, such
comment must be made in writing and
sent within thirty days of the date of
this Notice to: Federal Deposit
Insurance Corporation, Division of
Resolutions and Receiverships,
Attention: Receivership Oversight
Department 34.6, 1601 Bryan Street,
Dallas, TX 75201.
No comments concerning the
termination of this receivership will be
considered which are not sent within
this time frame.

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‘‘Annual Stress Test Reporting Template
and Documentation for Covered
Institutions with Total Consolidated
Assets of $50 Billion or More’’ by any
of the following methods:
• Agency Web site: https://
www.fdic.gov/regulations/laws/federal/.
Follow the instructions for submitting
comments on the FDIC’s Web site.
• Federal eRulemaking Portal: http://
www.FDIC.gov/regulations/laws/
federal/notices.html. Follow the
instructions for submitting comments.
• Email: [email protected]. Include
‘‘Annual Stress Test Reporting Template
and Documentation for Covered
Institutions with Total Consolidated
Assets of $50 Billion or More’’ in the
subject line of the message.
• Mail: Manny Cabeza (202–898–
3767), Counsel, Attn: Comments Room
MB–3007, Federal Deposit Insurance
Corporation, 550 17th Street NW.,
Washington, DC 20429.
• Hand Delivery/Courier: Comments
may be hand delivered to the 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. Paper copies of
public comments may be requested from
the FDIC Public Information Center by
telephone at (877) 275–3342 or (703)
562–2200.
Additionally, commenters may send a
copy of their comments to the OMB
desk officer for the agencies by mail to
the Office of Information and Regulatory
Affairs, U.S. Office of Management and
Budget, New Executive Office Building,
Room 10235, 725 17th Street NW.,
Washington, DC 20503; by fax to (202)
395–6974; or by email to oira_
[email protected].
FOR FURTHER INFORMATION CONTACT: You
can request additional information from
Manny Cabeza, Counsel, (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/).
SUPPLEMENTARY INFORMATION: 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

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Federal Register / Vol. 82, No. 54 / Wednesday, March 22, 2017 / Notices

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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
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,
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).

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measure, and monitor risks at the
covered bank. The stress test results are
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. Because these revisions primarily
involve removal of items not reported
by FDIC-supervised institutions, there is
no change in burden associated with the
revisions.
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. The revised
reporting templates can be viewed at
https://www.fdic.gov/regulations/
reform/dfast/.
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

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14727

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
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, Retail Balances
and Loss Worksheet
The FDIC proposes to remove the
Retail Balances and Loss Worksheet.
Summary Schedule, Retail Repurchase
Worksheet
The FDIC proposes to remove the
Retail Repurchase Worksheet.
Summary Schedule, High-Level OTTI
Methodology and Assumptions for AFS
and HTM Securities by Portfolio
Worksheet
The FDIC proposes to remove the
High-Level OTTI Methodology and
Assumptions for AFS and HTM
Securities by Portfolio Worksheet.
Summary Schedule, Projected OTTI for
AFS Securities and HTM Securities
Worksheet
The FDIC proposes to remove the
Projected OTTI for AFS Securities and
HTM Securities Worksheet.
Summary Schedule, Actual AFS and
HTM Fair Market Value Sources by
Portfolio Worksheet
The FDIC proposes to remove the
Actual AFS and HTM Fair Market Value
Sources by Portfolio Worksheet.
Summary Schedule, Trading Worksheet
The FDIC proposes to remove the
Trading Worksheet.
Summary Schedule, Counterparty
Credit Risk Worksheet
The FDIC proposes to remove the
Counterparty Credit Risk Worksheet.

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14728

Federal Register / Vol. 82, No. 54 / Wednesday, March 22, 2017 / Notices

Summary Schedule, PPNR Metrics
Worksheet
The FDIC proposes to remove the
PPNR Metrics Worksheet.
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.

asabaliauskas on DSK3SPTVN1PROD with NOTICES

Burden Estimates
The FDIC estimates that the proposed
revisions will not affect the burden
estimates of this information collection.
The vast majority of the deleted
schedules are applicable only to
institutions with total assets greater than
$250 billion or with foreign exposure
greater than $10 billion. The FDIC does
not supervise any state nonmember
banks or state savings associations that
meet that definition. Accordingly, in the
case of the FDIC, the majority of the
deleted schedules were not being used
and the burden will remain as follows:
Number of Respondents: 8 5.
Annual Burden per Respondent:
1,114.
Total Annual Burden: 5,570.
The FDIC recognizes that the Board
requires bank holding companies to
prepare the templates 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.
Request for Comment
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;
(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
8 The total number of respondents increased by
one due to one covered institution growing above
$50 billion in total assets.

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(e) Estimates of capital or start-up
costs and costs of operation,
maintenance, and purchase of services
to provide information.

trade between the U.S. and Japan and
also authorizes the parties to enter into
arrangements related to the chartering of
such space.

Dated at Washington, DC, this 17th day of
March 2017.
Federal Deposit Insurance Corporation.
Valerie J. Best,
Assistant Executive Secretary.

By Order of the Federal Maritime
Commission.
Dated: March 17, 2017.
Rachel E. Dickon,
Assistant Secretary.

[FR Doc. 2017–05688 Filed 3–21–17; 8:45 am]

[FR Doc. 2017–05711 Filed 3–21–17; 8:45 am]

BILLING CODE 6714–01–P

BILLING CODE 6731–AA–P

FEDERAL MARITIME COMMISSION

FEDERAL RESERVE SYSTEM

Notice of Agreements Filed

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

The Commission hereby gives notice
of the filing of the following agreements
under the Shipping Act of 1984.
Interested parties may submit comments
on the agreements to the Secretary,
Federal Maritime Commission,
Washington, DC 20573, within twelve
days of the date this notice appears in
the Federal Register. Copies of the
agreements are available through the
Commission’s Web site (www.fmc.gov)
or by contacting the Office of
Agreements at (202) 523–5793 or
[email protected].
Agreement No.: 012146–001.
Title: HLAG/HSDG USWCMediterranean Vessel Sharing
Agreement.
Parties: Hapag-Lloyd AG and
Hamburg Sud.
Filing Party: Wayne Rohde, Cozen
O’Connor; 1200 19th Street NW.,
Washington, DC 20036.
Synopsis: The amendment adds
Guatemala to the geographic scope of
the Agreement.
Agreement No.: 012473.
Title: CMA CGM/COSCO SHIPPING
Slot Exchange Agreement, China-U.S.
West Coast.
Parties: CMA CGM S.A. and COSCO
SHIPPING Lines Co., Ltd.
Filing Party: Draughn Arbona; CMA
CGM (America) LLC; 5701 Lake Wright
Drive; Norfolk, VA 23502.
Synopsis: This agreement authorizes
CMA CGM S.A. and COSCO SHIPPING
Lines Co. Ltd. to charter space to each
other in the trade between China
(including Hong Kong) and the West
Coast of the United States.
Agreement No.: 012474.
Title: NYK/ELJSA Space Charter
Agreement.
Parties: Nippon Yusen Kaisha and the
Evergreen Line Joint Service Agreement.
Filing Party: Joshua Stein; Cozen
O’Connor; 1200 19th Street NW.,
Washington, DC 20036.
Synopsis: The Agreement authorizes
NYK to charter space to ELJSA in the

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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
Governors not later than April 14, 2017.
A. Federal Reserve Bank of Chicago
(Colette A. Fried, Assistant Vice
President) 230 South LaSalle Street,
Chicago, Illinois 60690–1414:
1. Minier Financial, Inc. Employee
Stock Ownership Plan with 401(k)
provisions, Minier, Illinois; to acquire
an additional 9.8 percent, for a total of
51 percent, of Minier Financial, Inc.,
Minier, Illinois, and thereby increase its
indirect ownership of First Farmers
State Bank, Minier, Illinois.
2. WB Bancorp, Inc., New Berlin,
Illinois; to merge with MC Bancorp, Inc.

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