EXHIBIT T-1.7
Published on May 8, 2008
Exhibit
T-1.7
Schedule RC 13
Consolidated Report of Condition for Insured Commercial
and State-Chartered Savings Banks for December 31,2007
and State-Chartered Savings Banks for December 31,2007
All schedules are to be reported in thousands of dollars. Unless
otherwise indicated, report the amount outstanding as of the
last business day of the quarter.
Schedule RC Balance Sheet
Dollar Amounts in Thousands | Bil Mil Thou | |||||||
ASSETS |
||||||||
1. Cash and
balances due from depository institutions (from Schedule RC-A): |
||||||||
a.
Noninterest-bearing, balances and currency and coin (1)
|
RCON0081 | 3,869 | 1.a. | |||||
b.
Interest-bearing balances (2)
|
RCON0071 | 6,026 | 1.b. | |||||
2. Securities: |
||||||||
a.
Held-to-maturity securities (from Schedule RC-B, column A) |
RCON1754 | 0 | 2.a. | |||||
b.
Available-for-sale securities (from Schedule RC-B, column D) |
RCON1773 | 11,090 | 2.b. | |||||
3. Federal funds sold and securities purchased under agreements to resell: |
||||||||
a. Federal funds sold |
RCONB987 | 0 | 3.a. | |||||
b.
Securities purchased under agreements to resell
(3)
|
RCONB989 | 0 | 3.b. | |||||
4. Loans and
lease financing receivables (from Schedule RC-C): |
||||||||
a. Loans and leases held for sale |
RCON5369 | 0 | 4.a. | |||||
b. Loans and leases, net of unearned income |
RCONB528 | 0 | 4.b. | |||||
c. LESS: Allowance for loan and lease losses |
RCON3123 | 0 | 4.c. | |||||
d. Loans and leases, net of unearned income and allowance (item 4.b minus 4.c) |
RCONB529 | 0 | 4.d. | |||||
5. Trading assets (from Schedule RC-D) |
RCON3545 | 0 | 5. | |||||
6. Premises and fixed assets (including capitalized leases) |
RCON2145 | 11,417 | 6. | |||||
7. Other real estate owned (from Schedule RC-M) |
RCON2150 | 0 | 7. | |||||
8.
Investments in unconsolidated subsidiaries and associated companies (from Schedule RC-M) |
RCON2130 | 0 | 8. | |||||
9. Not
applicable |
||||||||
10. Intangible assets: |
||||||||
a. Goodwill |
RCON3163 | 0 | 10.a. | |||||
b. Other intangible assets (from Schedule RC-M) |
RCON0426 | 15,875 | 10.b. | |||||
11. Other assets (from Schedule RC-F) |
RCCN2160 | 13,192 | 11. | |||||
12. Total assets (sum of items 1 through 11) |
RCON2170 | 63,469 | 12. |
(1) | Includes cash items in process of collection and unposted debits. | |
(2) | Includes time certificates of deposit not held for trading. | |
(3) | Includes all securities resale agreements regardless of maturity. |
Schedule RC 14
Schedule RC Continued
Dollar Amounts in Thousands | Bil Mil Thou | |||||||
LIABILITIES |
||||||||
13. Deposits: |
||||||||
a. In domestic offices (sum of totals of columns A and C from Schedule RC-E) |
RCON2200 | 0 | 13a. | |||||
(1) Noninterest-bearing
(1)
|
RCON6631 | 0 | 13.a.(1) | |||||
(2) Interest-bearing |
RCON6636 | 0 | 13.a.(2) | |||||
b. Not applicable |
||||||||
14. Federal funds purchased and securities sold under agreements to repurchase: |
||||||||
a. Federal funds purchased (2)
|
RCONB993 | 0 | 14.a. | |||||
b. Securities sold under agreements to repurchase (3)
|
RCONB995 | 0 | 14.b. | |||||
15. Trading liabilities (from Schedule RC-D) |
RCON3548 | 0 | 15. | |||||
16. Other
borrowed money (includes mortgage indebtedness and obligations under capitalized leases) (from Schedule RC-M) |
RCON3180 | 0 | 16. | |||||
17. Not applicable |
||||||||
18. Not applicable |
||||||||
19. Subordinated notes and debentures (4)
|
RCON3200 | 0 | 19. | |||||
20. Other liabilities (from Schedule RC-G) |
RCON2930 | 5,852 | 20. | |||||
21. Total liabilities (sum of items 13 through 20) |
RCON2948 | 5,852 | 21. | |||||
22. Minority interest in consolidated subsidiaries |
RCON3000 | 0 | 22. | |||||
EQUITY CAPITAL |
||||||||
23. Perpetual preferred stock and related surplus |
RCON3838 | 0 | 23. | |||||
24. Common stock |
RCON3230 | 600 | 24. | |||||
25. Surplus (exclude all surplus related to preferred stock) |
RCON3839 | 38,609 | 25. | |||||
26. |
||||||||
a. Retained earnings |
RCON3632 | 17,518 | 26.a. | |||||
b. Accumulated other comprehensive income (5)
|
RC0NB530 | 889 | 26.b. | |||||
27. Other equity capital components (6)
|
RCONA130 | 0 | 27. | |||||
28. Total equity capital (sum of items 23 through 27) |
RCON3210 | 57,616 | 28. | |||||
29. Total
liabilities, minority interest, and equity capital (sum of items 21,
22, and 28) |
RCON3300 | 63,468 | 29. |
Memorandum
To be reported with the March Report of Condition.
To be reported with the March Report of Condition.
Number | ||||||||||||||
1. |
Indicate in the box at the right the number of the statement below that best describes the most | |||||||||||||
comprehensive level of auditing work performed for the bank by independent external auditors as | ||||||||||||||
of any date during 2006 | RCON6724 | N/A | M.1. |
1 = | Independent audit of the bank conducted in accordance with generally accepted auditing standards by a certified public accounting firm which submits a report on the bank | |
2 = | Independent audit of the banks parent holding company conducted in accordance with generally accepted auditing standards by a certified public accounting firm which submits a report on the consolidated holding company (but not on the bank separately) | |
3 = | Attestation on bank managements assertion on the effectiveness of the banks internal control over financial reporting by a certified public accounting firm | |
4 = | Directors examination of the bank conducted in accordance with generally accepted auditing standards by a certified public accounting firm (may be required by state chartering authority) | |
5 = | Directors examination of the bank performed by other external auditors (may be required by state chartering authority) | |
6 = | Review of the banks financial statements by external auditors | |
7 = | Compilation of the banks financial statements by external auditors | |
8 = | Other audit procedures (excluding tax preparation work) | |
9 = | No external audit work |
(1) | Includes total demand deposits and noninterest-bearing time and savings deposits. | |
(2) | Report overnight Federal Home Loan Bank advances in Schedule RC, item 16, Other borrowed money. | |
(3) | Includes all securities repurchase agreements, regardless of maturity, | |
(4) | Includes limited-life preferred stock and related surplus. | |
(5) | Includes net unrealized holding gains (losses) on available-for-sale securities, accumulated net gains (losses) on cash flow hedges, and minimum pension liability adjustments. | |
(6) | Includes treasury stock and unearned Employee Stock Ownership Plan shares. |