SUMMARY: In accordance with requirements of the Paperwork Reduction
of 1995 (44 U.S.C. 3501 et seq.), the FDIC hereby gives notice that
plans to submit to the Office of Management and Budget (OMB) a request
for OMB review and approval of the information collection system
Type of Review: Renewal of collection.
Title: Extensions of Credit to Executive Officers.
OMB Number: 3064-0108.
Estimate of Annual Burden
Number of respondents: 4,000.
Frequency of response: Occasional.
Number of responses per respondent: 2.
Total annual responses: 8,000.
Time per response: 1 hour.
Total annual burden: 8,000 hours.
Comments: Comments on this collection of information are welcome
and should be submitted on or before July 19, 2004 to both the OMB
reviewer and the FDIC contact listed below.
OMB: Mark Menchik, (202) 395-3176, Office of Information and
Regulatory Affairs, Office of Management and Budget, New Executive
Office Building, Washington, DC 20503.
FDIC: Thomas Nixon, Legal Division (202) 898-8766, Federal Deposit
Insurance Corporation, 550 17th Street NW., Washington, DC 20429.
ADDRESSES: Information about this submission, including copies of
collection of information, may be obtained by calling or writing
FDIC contact listed above.
SUPPLEMENTARY INFORMATION: The information collection takes the
(1) a report by executive officers of insured nonmember banks to
boards of directors within 10 days of incurring any indebtedness
other bank in an amount in excess of the amount the insured nonmember
bank could lend to the officer, and (2) a report from insured nonmember
banks, included with their reports of condition filed with the FDIC,
any extensions of credit made by the bank to its executive officers
since the bank filed its last report of condition. The information
enables the FDIC and insured nonmember banks to determine compliance
with the limits and restrictions contained in Federal Reserve Board
Governors' Regulation O (12 CFR part 215, subpart A), which is made
applicable to state nonmember banks by the FDIC's regulation at 12
Dated at Washington, DC this 15th day of June, 2004.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
[FR Doc. 04-13818 Filed 6-17-04; 8:45 am]
BILLING CODE 6714-01-P