[Federal Register Volume 85, Number 211 (Friday, October 30, 2020)]
[Notices]
[Pages 68879-68881]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-24074]


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FEDERAL DEPOSIT INSURANCE CORPORATION


Agency Information Collection Activities: Submission for OMB 
Review; 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). On July 28, 2020, the FDIC requested comment for 60 days on a 
proposal to renew the information collections described below. No 
comments were received. The FDIC hereby gives notice of its plan to 
submit to the Office of Management and Budget (OMB) a request to 
approve the renewal of this collection, and again invites comment on 
its renewal.

DATES: Comments will be accepted until November 30, 2020.

ADDRESSES: Interested parties are invited to submit written comments to 
the FDIC by any of the following methods:
     Agency website: 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 
NW), 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: On July 28, 2020, the FDIC requested comment 
for 60 days on a proposal to renew the information collections 
described below. No comments were received. The FDIC hereby gives 
notice of its plan to submit to the Office of Management and Budget 
(OMB) a request to approve the renewal of this collection, and again 
invites comment on its renewal.
    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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                                                                                                                                                 Total
      Basel III advanced approaches:                                             Estimated    Estimated                                         annual
Recordkeeping,  disclosure, and reporting             Type of burden             number of    time per          Frequency of  response         estimated
                                                                                respondents   response                                          burden
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Implementation plan--Section __.121(b):    Recordkeeping......................            1         330  On Occasion........................         330
 Ongoing.
Documentation of advanced systems--        Recordkeeping......................            1          19  On Occasion........................          19
 Section __.122(j): Ongoing.
Systems maintenance--Sections __.122(a),   Recordkeeping......................            1       27.90  On Occasion........................          28
 __123(a), __.124(a): Ongoing.

[[Page 68880]]

 
Supervisory approvals--Sections __.122(d)- Recordkeeping......................            1       16.82  On Occasion........................          17
 (h), __.132(b)(3), __.132(d)(1),
 __.132(d)(1)(iii): Ongoing.
Control, oversight and verification of     Recordkeeping......................            1       11.05  On Occasion........................          11
 systems--Sections __.122 to __.124:
 Ongoing.
(CCR)--Section __.132(b)(2)(iii)(A): One-  Recordkeeping......................            1          80  On Occasion........................          80
 time.
(CCR)--Section __.132(b)(2)(iii)(A):       Recordkeeping......................            1          16  On Occasion........................          16
 Ongoing.
(CCR)--Section __.132(d)(2)(iv): One-time  Recordkeeping......................            1          80  On Occasion........................          80
(CCR)--Section __.132(d)(2)(iv): Ongoing.  Recordkeeping......................            1          40  On Occasion........................          40
(CCR)--Section __.132(d)(3)(vi): One-time  Recordkeeping......................            1          80  On Occasion........................          80
(CCR)--Section __.132(d)(3)(viii): One-    Recordkeeping......................            1          80  On Occasion........................          80
 time.
(CCR)--Section __.132(d)(3)(viii) Ongoing  Recordkeeping......................            1          10  Quarterly..........................          40
(CCR)--Section __.132(d)(3)(ix): One-time  Recordkeeping......................            1          40  On Occasion........................          40
(CCR)--Section __.132(d)(3)(ix): Ongoing.  Recordkeeping......................            1          40  On Occasion........................          40
(CCR)--Section __.132(d)(3)(x): One-time.  Recordkeeping......................            1          20  On Occasion........................          20
(CCR)--Section __.132(d)(3)(xi): One-time  Recordkeeping......................            1          40  On Occasion........................          40
(CCR)--Section __.132(d)(3)(xi): Ongoing.  Recordkeeping......................            1          40  On Occasion........................          40
(OC)--Section __.141(b)(3), __.141(c)(1),  Recordkeeping......................            1          40  On Occasion........................          40
 __.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 4    Disclosure.........................            1          25  Quarterly..........................         100
 (Securitization)--Section __.173, Table
 9 (IRR)--Section __.173, Table 12:
 Ongoing.
(CCB and CCYB)--Section __.173, Table 4    Disclosure.........................            1         200  On Occasion........................         200
 (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, Table  Disclosure.........................            1           2  Quarterly..........................           8
 3: Ongoing.
(Capital Adequacy)--Section __.173, Table  Disclosure.........................            1          16  On Occasion........................          16
 3: One-time.
(CR) --Section __.173, Table 5: Ongoing..  Disclosure.........................            1          12  Quarterly..........................          48
(CR)--Section __.173, Table 5: One-time..  Disclosure.........................            1          96  On Occasion........................          96
Section __.304--Opt-In Relief and Related  Reporting..........................            7          12  On Occasion........................          84
 FDIC Approval: Ongoing.
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    Subtotal: One-time Recordkeeping and   ...................................  ...........  ..........  ...................................         788
     Disclosure.
    Subtotal: Ongoing Recordkeeping,       ...................................  ...........  ..........  ...................................         875
     Disclosure, and Reporting.
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        Total Recordkeeping, Disclosure,   ...................................  ...........  ..........  ...................................       1,663
         and Reporting.
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                                                                                                                                                 Total
    Minimum regulatory capital ratios:                                           Estimated    Estimated                                         annual
              Recordkeeping                           Type of burden             number of    time per          Frequency of  response         estimated
                                                                                respondents   response                                          burden
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(CCR Operational Requirements)--Sections   Recordkeeping......................        3,270          16  On Occasion........................      52,320
 __.3(d) and __.22(h)(2)(iii)(A): Ongoing.
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    Subtotal: One-time Recordkeeping.....  ...................................  ...........  ..........  ...................................           0
    Subtotal: Ongoing Recordkeeping......  ...................................  ...........  ..........  ...................................      52,320
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        Total Recordkeeping..............  ...................................  ...........  ..........  ...................................      52,320
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                                                                                                                                                 Total
 Standardized approach: Recordkeeping and                                        Estimated    Estimated                                         annual
                disclosure                           Type of  burden             number of    time per          Frequency of  response         estimated
                                                                                respondents   response                                          burden
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(QCCP)--Section __.35(b)(3)(i)(A): One-    Recordkeeping......................            1           2  On Occasion........................           2
 time.
(QCCP)--Section __.35(b)(3)(i)(A):         Recordkeeping......................        3,270           2  On Occasion........................       6,540
 Ongoing.
(CT)--Section __.37(c)(4)(i)(E): One-time  Recordkeeping......................            1          80  On Occasion........................          80
(CT)--Section __.37(c)(4)(i)(E): Ongoing.  Recordkeeping......................        3,270          16  On Occasion........................      52,320
(SE)--Section __.41(b)(3) and              Recordkeeping......................            1          40  On Occasion........................          40
 __.41(c)(2)(i): One-time.
(SE)--Section __.41(c)(2)(ii): Ongoing...  Recordkeeping......................        3,270           2  On Occasion........................       6,540
(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.

[[Page 68881]]

 
(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.
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    Subtotal: One-time Recordkeeping and   ...................................  ...........  ..........  ...................................         348
     Disclosure.
    Subtotal: Ongoing Recordkeeping and    ...................................  ...........  ..........  ...................................      65,925
     Disclosure.
                                                                               -------------------------------------------------------------------------
        Total Recordkeeping and            ...................................  ...........  ..........  ...................................      66,273
         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...............  ...................................  ...........  ..........  ...................................     119,120
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    Total Burden Hours...................  ...................................  ...........  ..........  ...................................     120,256
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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. In 
addition, the Regulatory Capital Rule: Temporary Exclusion of U.S. 
Treasury Securities and Deposits at Federal Reserve Banks from the 
Supplementary Leverage Ratio for Depository Institutions, 85 FR 32980 
(June 1, 2020) added a new opt-in provision in 12 CFR 324.304 for the 
temporary exclusion from the total leverage ratio. The new opt-in 
provision accounts for a slight increase of 84 burden hours.
    After factoring in the slight increase in burden hours as a result 
of the new opt-in provision, along with the changes to the respondent 
count as a result of economic fluctuation, the information collection 
is reduced overall by 7,800 hours. Outside of the new opt-in provision, 
the hours per response and frequency of responses for the rest of the 
information collection have remained the same.
    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 October 27, 2020.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2020-24074 Filed 10-29-20; 8:45 am]
BILLING CODE 6714-01-P