[Federal Register Volume 85, Number 145 (Tuesday, July 28, 2020)]
[Notices]
[Pages 45424-45425]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-16293]


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FEDERAL DEPOSIT INSURANCE CORPORATION


Agency Information Collection Activities: Proposed Collection 
Renewal; Comment Request (OMB No. 3064-0153)

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Notice and request for comment.

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SUMMARY: The FDIC, as part of its ongoing obligations under the 
Paperwork Reduction Act of 1995, invites the general public and other 
Federal agencies to take this opportunity to comment on the renewal of 
the existing information collection described below (OMB No. 3064-
0153).

DATES: Comments must be submitted on or before September 28, 2020.

ADDRESSES: Interested parties are invited to submit written comments to 
the FDIC by any of the following methods:
     https://www.FDIC.gov/regulations/laws/federal.
     Email: [email protected]. Include the name and number of 
the collection in the subject line of the message.
     Mail: Jennifer Jones (202-898-6768), Counsel, MB-3078, 
Federal Deposit Insurance Corporation, 550 17th Street NW, Washington, 
DC 20429.
     Hand Delivery: Comments may be hand-delivered to the guard 
station at the rear of the 17th Street Building (located on F Street), 
on business days between 7:00 a.m. and 5:00 p.m.
    All comments should refer to the relevant OMB control number. A 
copy of the comments may also be submitted to the OMB desk officer for 
the FDIC: Office of Information and Regulatory Affairs, Office of 
Management and Budget, New Executive Office Building, Washington, DC 
20503.

FOR FURTHER INFORMATION CONTACT: Jennifer Jones, Counsel, 202-898-6768, 
[email protected], MB-3105, Federal Deposit Insurance Corporation, 550 
17th Street NW, Washington, DC 20429.

SUPPLEMENTARY INFORMATION: Proposal to renew the following currently 
approved collection of information:
    1. Title: Regulatory Capital Rules.
    OMB Number: 3064-0153.
    Affected Public: Insured state nonmember banks and state savings 
associations.
    Burden Estimate:

                                                                 Estimated Hourly Burden
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                                                                               Estimated                                                   Total annual
                                                 Type of burden                number of    Estimated time     Frequency of  response        estimated
                                                                              respondents    per response                                     burden
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                         BASEL III Advanced Approaches: Recordkeeping, Disclosure, and Reporting
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Implementation plan--Section          Recordkeeping.......................               1             330  On Occasion.................             330
 _.121(b): Ongoing.
Documentation of advanced systems--   Recordkeeping.......................               1              19  On Occasion.................              19
 Section _.122(j): Ongoing.
Systems maintenance--Sections         Recordkeeping.......................               1           27.90  On Occasion.................              28
 _.122(a), _123(a), _.124(a):
 Ongoing.
Supervisory approvals--               Recordkeeping.......................               1           16.82  On Occasion.................              17
 Sections_.122(d)-(h), _.132(b)(3),
 _.132(d)(1), _.132(d)(1)(iii):
 Ongoing.
Control, oversight and verification   Recordkeeping.......................               1           11.05  On Occasion.................              11
 of systems--Sections _.122 to
 _.124: Ongoing.
(CCR)--Section _.132(b)(2)(iii)(A):   Recordkeeping.......................               1              80  On Occasion.................              80
 One-time.
(CCR)--Section _.132(b)(2)(iii)(A):   Recordkeeping.......................               1              16  On Occasion.................              16
 Ongoing.
(CCR)--Section _.132(d)(2)(iv): One-  Recordkeeping.......................               1              80  On Occasion.................              80
 time.
(CCR)--Section _.132(d)(2)(iv):       Recordkeeping.......................               1              40  On Occasion.................              40
 Ongoing.
(CCR)--Section _.132(d)(3)(vi): One-  Recordkeeping.......................               1              80  On Occasion.................              80
 time.
(CCR)--Section _.132(d)(3)(viii):     Recordkeeping.......................               1              80  On Occasion.................              80
 One-time.
(CCR)--Section _.132(d)(3)(viii)      Recordkeeping.......................               1              10  Quarterly...................              40
 Ongoing.
(CCR)--Section _.132(d)(3)(ix): One-  Recordkeeping.......................               1              40  On Occasion.................              40
 time.
(CCR)--Section _.132(d)(3)(ix):       Recordkeeping.......................               1              40  On Occasion.................              40
 Ongoing.
(CCR)--Section _.132(d)(3)(x): One-   Recordkeeping.......................               1              20  On Occasion.................              20
 time.
(CCR)--Section _.132(d)(3)(xi): One-  Recordkeeping.......................               1              40  On Occasion.................              40
 time.
(CCR)--Section _.132(d)(3)(xi):       Recordkeeping.......................               1              40  On Occasion.................              40
 Ongoing.
(OC)--Section _.141(b)(3),            Recordkeeping.......................               1              40  On Occasion.................              40
 _.141(c)(1), _.141(c)(2)(i)-(ii),
 _.153: One-time.
(OC)--Section _.141(c)(2)(i)-(ii):    Recordkeeping.......................               1              10  Quarterly...................              40
 Ongoing.
Sections _.142 and _.171: Ongoing...  Disclosure..........................               1            5.78  On Occasion.................               6
(CCB and CCYB)--Section _.173, Table  Disclosure..........................               1              25  Quarterly...................             100
 4 (Securitization)--Section _.173,
 Table 9 (IRR)--Section _.173, Table
 12: Ongoing.
(CCB and CCYB)--Section _.173, Table  Disclosure..........................               1             200  On Occasion.................             200
 4 (Securitization)--Section _.173,
 Table 9 (IRR)--Section _.173, Table
 12: One-time.
(Capital Structure)--Section _.173,   Disclosure..........................               1               2  Quarterly...................               8
 Table 2: Ongoing.
(Capital Structure)--Section _.173,   Disclosure..........................               1              16  On Occasion.................              16
 Table 2: One-time.
(Capital Adequacy)--Section _.173,    Disclosure..........................               1               2  Quarterly...................               8
 Table 3: Ongoing.
(Capital Adequacy)--Section _.173,    Disclosure..........................               1              16  On Occasion.................              16
 Table 3: One-time.
(CR) --Section _.173, Table 5:        Disclosure..........................               1              12  Quarterly...................              48
 Ongoing.
(CR)--Section _.173, Table 5: One-    Disclosure..........................               1              96  On Occasion.................              96
 time.
Section _.304--Opt-In Relief and      Reporting...........................               7              12  On Occasion.................              84
 Related FDIC Approval: Ongoing.
                                     -------------------------------------------------------------------------------------------------------------------
    Subtotal: One-time Recordkeeping  ....................................  ..............  ..............  ............................             788
     and Disclosure.
    Subtotal: Ongoing Recordkeeping,  ....................................  ..............  ..............  ............................             875
     Disclosure, and Reporting.

[[Page 45425]]

 
        Total Recordkeeping,          ....................................  ..............  ..............  ............................           1,663
         Disclosure, and Reporting.
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                                                    Minimum Regulatory Capital Ratios: Recordkeeping
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(CCR Operational Requirements)--      Recordkeeping.......................           3,489              16  On Occasion.................          55,824
 Sections _.3(d)
 and_.22(h)(2)(iii)(A): Ongoing.
                                     -------------------------------------------------------------------------------------------------------------------
    Subtotal: One-time Recordkeeping  ....................................  ..............  ..............  ............................               0
    Subtotal: Ongoing Recordkeeping.  ....................................  ..............  ..............  ............................          55,824
        Total Recordkeeping.........  ....................................  ..............  ..............  ............................          55,824
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                                                   Standardized Approach: Recordkeeping and Disclosure
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(QCCP)--Section _.35(b)(3)(i)(A):     Recordkeeping.......................               1               2  On Occasion.................               2
 One-time.
(QCCP)--Section _.35(b)(3)(i)(A):     Recordkeeping.......................           3,489               2  On Occasion.................           6,978
 Ongoing.
(CT)--Section _.37(c)(4)(i)(E): One-  Recordkeeping.......................               1              80  On Occasion.................              80
 time.
(CT)--Section _.37(c)(4)(i)(E):       Recordkeeping.......................           3,489              16  On Occasion.................          55,824
 Ongoing.
(SE)--Section _.41(b)(3) and          Recordkeeping.......................               1              40  On Occasion.................              40
 _.41(c)(2)(i): One-time.
(SE)--Section _.41(c)(2)(ii):         Recordkeeping.......................           3,489               2  On Occasion.................           6,978
 Ongoing.
(S.E.)--Section _.42(e)(2), (C.R.)    Disclosure..........................               1          226.25  On Occasion.................             226
 Sections _.62(a), (b), & (c), (Q&Q)
 Sections_.63(a) & (b): One-time.
(S.E.)--Section _.42(e)(2), (C.R.)    Disclosure..........................               1          131.25  Quarterly...................             525
 Sections _.62(a), (b), & (c), (Q&Q)
 Sections _.63(a) & (b) and _.63
 Tables: Ongoing.
                                     -------------------------------------------------------------------------------------------------------------------
    Subtotal: One-time Recordkeeping  ....................................  ..............  ..............  ............................             348
     and Disclosure.
    Subtotal: Ongoing Recordkeeping   ....................................  ..............  ..............  ............................          70,305
     and Disclosure.
        Total Recordkeeping and       ....................................  ..............  ..............  ............................          70,653
         Disclosure.
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                                               Estimated Cost to Respondents Associated With Hourly Burden
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Total One-Time Burden Hours.........  ....................................  ..............  ..............  ............................           1,136
Total Ongoing Burden Hours..........  ....................................  ..............  ..............  ............................         127,004
    Total Burden Hours..............  ....................................  ..............  ..............  ............................         128,140
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    General Description of Collection: This collection comprises the 
disclosure and recordkeeping requirements associated with minimum 
capital requirements and overall capital adequacy standards for insured 
state nonmember banks, state savings associations, and certain 
subsidiaries of those entities. The data is used by the FDIC to 
evaluate capital before approving various applications by insured 
depository institutions, to evaluate capital as an essential component 
in determining safety and soundness, and to determine whether an 
institution is subject to prompt corrective action provisions.
    The annual burden for this information collection remains unchanged 
and is estimated to be 128,140 hours.

Request for Comment

    Comments are invited on: (a) Whether the collection of information 
is necessary for the proper performance of the FDIC's functions, 
including whether the information has practical utility; (b) the 
accuracy of the estimates of the burden of the 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; and (d) ways to minimize the burden of the collection of 
information on respondents, including through the use of automated 
collection techniques or other forms of information technology. All 
comments will become a matter of public record.

Federal Deposit Insurance Corporation.

    Dated at Washington, DC, on July 23, 2020.
James P. Sheesley,
Acting Assistant Executive Secretary.
[FR Doc. 2020-16293 Filed 7-27-20; 8:45 am]
BILLING CODE 6714-01-P