Financial Statements for Bank Holding Companies

OMB Control No: 7100-0128	ICR Reference No: 201203-7100-005
Status: Historical Active	Previous ICR Reference No: 201201-7100-004
Agency/Subagency: FRS	Agency Tracking No: FR Y-9
Title: Financial Statements for Bank Holding Companies
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Delegated
OIRA Conclusion Action: Approved without change	Conclusion Date: 03/21/2012
Retrieve Notice of Action (NOA)	Date Received in OIRA: 03/21/2012
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	03/31/2014	03/31/2014	03/31/2014
Responses	18,523	0	18,523
Time Burden (Hours)	257,036	0	256,628
Cost Burden (Dollars)	0	0	0

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Abstract: The FR Y-9 family of reports historically has been, and continues to be, the primary source of financial information on BHCs between on-site inspections. Financial information from these reports is used to detect emerging financial problems, to review performance and conduct pre-inspection analysis, to monitor and evaluate capital adequacy, to evaluate BHC mergers and acquisitions, and to analyze a BHC's overall financial condition to ensure safe and sound operations.

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Authorizing Statute(s): US Code: 5 USC 552(b)(4) Name of Law: Freedom of Information Act    US Code: 12 USC 1844(c) Name of Law: Bank Holding Company Act

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	76 FR 71968	11/21/2011
30-day Notice:	Federal Register Citation:	Citation Date:
	77 FR 15755	03/16/2012
Did the Agency receive public comments on this ICR? Yes

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Number of Information Collection (IC) in this ICR: 5

IC Title Form No. Form Name Parent Company Only Financial Statements for Small Bank Holding Companies FR Y-9SP Parent Company Only Financial Statements for Small Bank Holding Companies Financial Statements for Employee Stock Ownership Plan Bank Holding Companies FR Y-9ES Financial Statements for Employee Stock Ownership Plan Bank Holding Companies Consolidated Financial Statements for Bank Holding Companies FR Y-9C, FR Y-9C Consolidated Financial Statements for Bank Holding Companies ,   Consolidated Financial Statements for Bank Holding Companies Parent Company Only Financial Statements for Large Bank Holding Companies FR Y-9LP Parent Company Only Financial Statements for Large Bank Holding Companies Supplement to the Consolidated Financial Statements for Bank Holding Companies FR-Y9CS Supplement to the Consolidated Financial Statements for Bank Holding Companies

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ICR Summary of Burden

	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	18,523	18,523	0	0	0	0
Annual Time Burden (Hours)	257,036	256,628	0	408	0	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Miscellaneous Actions

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: The current annual reporting burden for the FR Y-9 family of reports is estimated to be 256,628 hours and would increase to 257,036 hours. The average estimated hours per response for FR Y-9C filers would increase from 45.00 hours to 45.10 hours resulting from an increase of 0.10 hours for proposed new data items. The Federal Reserve estimates that about one-quarter of the respondents would be required to provide new information on representation and warranty reserves and estimates that less than one-fifth of respondents would be required to report information on past due and nonaccrual purchased credit impaired loans.

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Annual Cost to Federal Government: $2,644,909

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

Agency Contact: Nicole Padar 202-530-6294 [email protected]

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Common Form ICR:  No

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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:
		(a) It is necessary for the proper performance of agency functions;
		(b) It avoids unnecessary duplication;
		(c) It reduces burden on small entities;
		(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;
		(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;
		(f) It indicates the retention periods for recordkeeping requirements;
		(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:
			(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;
		(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.
		(i) It uses effective and efficient statistical survey methodology (if applicable); and
		(j) It makes appropriate use of information technology.
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.
Certification Date: 03/21/2012

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