The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
EX AHINATION OF STATE BAUKS AND THUST COMPANIES APPLYING FOR MEMBERSHIP - FEDERAL r e s e r v e s y s t e m . ________ _ Name of Bank Information Desired. t x. Character of business in community in which your Institution is located . i 2. Character of business of B^nk. 3. St*;.te law limitations A, B, C, Loans to any one firm, corporation or individual - secured and unsecured. ' Loan;? secured by Real Estate Mortgages or other real estate collateral Investments. I 4. Date of la it examination by State authorities A. 5. Were trust investments and securities examined? Date of last examination by Directors. 6 . ■Copy of Daily Statement. 7. 8. Memorandum of material changes since (insert date application report^ Real Estate Loans and Investments. — — — j . ... ■ ■'■ i ■ ■— y i '. y >i . . . — A. Lo ns secured by unencumbered farm lands B, 1. Up to what extent of value is money^advanced ,-* Hpw is vale# determined. ( | • * r '■ 1 Loans secured by other Real Estate «' * ' ..t 1. Is collateral heid-subject to prior lfens? •\ .•# , ; v * 2, Are mortgages on productive or non-productive properties?. ’’ *. *• * •3, Give list of loans of (£• or*'more) secured by a. b. c. d. First mortgages.(Extent prior lien) .) ^Estimated value of prc Second mortgages " ^ jppjyy.es- when and by Deeds to Real Estate Properties w } ydiejn appraised. Stocks and bonds issued by real edi^jq corporations or based upon other real es$a|;e se.c&r xft’ies ,1'’ e. Loans to individuals ccnhee|i3d'-%0hYieal estate trading •corporations with description V £ iobilateralif any. a. */* -4 iotr C. R q a l E s t a t e Owned - g i v e l i s t showing 1» Prior mortgages. 2, Assessed valuation, 3. Income. 4. Taxes Expenses - Interest. 5. Estimated value. 6. when and by whom appraised. 7 How acquired? 9. Loans and Discounts. •^ * Se cuffed" 'by Collateral other than Real Estate and unsecured Loans and Discounts. 1. What is the general character of collateral held.' 2. List of loans secured by Bank stock with details •3, B. 4. Give list of loans over (§. ) with details. Name of Boff.rower*-Eusines3-Acjldres3 of borrower-Amount of loanr Approxi mate deposit balance,,. 5. Give list of loans, maturing after one year Unsecured Demand Loans I* C. Give list of loans to any one individual, firm or corporation in excess of (insert figures equal to 10$ of capital and surplus) Character of loans - Amount of loans upon which no interest hu3 been paid for one year or,more, with description of collateral, if any. Doubtful Loans 1, Amount of notes or other loans in default six months op jnqre and which are not properly secured or in proce33 of collection Give list with details, items * over £ v T ~ --- --- T" D. feverdraft3 - Secured and unsecured. % ID* Investments. A# Details Give list of investments in detail, showing securities - rat£ of terefct or dividend - Par value - Book value and evaluation leased upon current or last available quotations. List of investments in default* if C* Provisions for depreciations. Are book values adjusted periodically to- agree with current valuations, '11 1 Deposits♦ A* Does the item on report ’’Certificates of Deposit time"; include any sum or sums due to banks - bankers or trust companies, if so please give particulars. JLd»_L B;. 'When were, ledgers last' proven, 12. 13. Notes and bills rediscounted, Bills Payable ana Certificates of deposit representing money borrowed A. What is the present amount of indebtedness. B. What assets have been pledged as security for indebtedness. Contingent Liabilities A, 14. On bills rediscounted or endorsed. - B. Guarantees. C. All othef give particulars. D, Notes and securities pledged or sold with agreement to repurchase. A3set3 pledged as security for deposits or other purpose except money borrowed. A. Give particulars. 15. ■16. Has the Trust Company or Bank any contingent liability? give full particulars, Directors Liabilities -> A. 17. If so please Please give a memorandum of the 1. Business fir-, and corporation affiliations of officers and Directors. 2. Direct and indirect liabilities of officers and directors. 3. Loans of ($ or over) made to 'corporations which are owned or controlled by officers or directors of the banking institution*. Examiners Opinion. A. Is the institution solvent? B. Is business conducted strictly in accordance with the provisions of the law (State Law) C. Is the management of the institution competent? D. Do you consider the loan policy safe and conservative?. E. Are there any unsafe or unsound tendencies apparent? F. Has there been an increase in undesirable assets during the past year? G. Do directors give proper time and attention to the affairs of the institution? I8ti H« Is the stock control of institution held hy any one person or group? I. What is the policy of the institution in granting loans, to officers and directors or to enterprises which they control or are interested in? K. Copy of text of report of last examination. 12/2l/l4
@FedFRASER