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T R E A S U R Y
P
Y

D E P A R T M E N T

COMPTROLLER OF THE CURRENCY
WASHINGTON

November 1 5 , 1939.

Gentlemen:
I n t h e l a s t r e p o r t o f e x a m i n a t i o n o f y o u r Bank,
begun on March 3 1 , 1939 and completed on J u l y 2 1 , 1939,
e s t i m a t e d l o s s e s o f | 1 3 , 5 1 7 , 5 9 8 , 6 9 were l i s t e d b y t h e
examiner•
Under d a t e o f October 1 3 , 1939, your C a s h i e r ,
M r . R. J . B a r b i e r i and D i r e c t o r s A . P . G i a n n i n i , M a r s h a l l
H a l e , and W. E. B l a u e r , executed a sworn Report o f
C o n d i t i o n o f y o u r Bank on f o r m No. 2130. I t i s apparent
f r o m e x a m i n a t i o n o f t h a t Report o f C o n d i t i o n t h a t t h e
preponderance o f t h e a s s e t s s e t up as l o s s by t h e examiner
i n t h e r e p o r t o f e x a m i n a t i o n , begun on March 3 1 , 1939, have
n o t been charged o f f and t h a t t h e R e p o r t o f C o n d i t i o n
r e p r e s e n t s such a s s e t s t o be good.
A c c o r d i n g l y , y o u are a g a i n r e q u e s t e d t o charge
o f f a l l o f t h e l o s s e s s e t up by t h e examiner i n t h e r e p o r t
o f e x a m i n a t i o n , begun March 3 1 , 1939, and a l s o t o submit
t o t h i s o f f i c e an amended Report o f C o n d i t i o n o f y o u r Bank,
as o f t h e c l o s e o f b u s i n e s s on October 2 , 1939, i n w h i c h
t h e a s s e t s e s t i m a t e d as l o s s by t h e examiner a r e n o t r e p r e s e n t ed as good. T h i s amended Report o f C o n d i t i o n s h o u l d be d u l y
p u b l i s h e d i n the manner p r e s c r i b e d i n s e c t i o n 5211 o f t h e
R e v i s e d S t a t u t e s , as amended.
Very t r u l y y o u r s ,
(Signed)

PRESTON DELANO

C o m p t r o l l e r o f the Currency
Board o f D i r e c t o r s ,
Bank o f America N.T. & S . A . ,
San F r a n c i s c o , C a l i f o r n i a .