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418 BOARD OF G O V E R N O R S df the FEDERAL RESERVE SYSTEM washington ADDRESS OFFICIAL C O R R E S P O N D E N C E TO THE SUBJECTS BOARD December 21, 1936 B-1185 Earnings and Dividends Reports of State Bank Members, Form 107. Dear Sir $ There have been forwarded to you today under separate cover copies of Form 107 to be used by State bamc members in submitting their reports of earnings and dividends for the six months ending December 31, 1936. The form has been revised to include the following new items i Item 10(c) - Withdrawals from reserve for dividends payable in common stock Item 12(c) - Transfers to reserve for dividends payable in common stock Item 18 - Reserve for dividends payable in common stock In the examination of the reports on Form 107, it is suggested that particular attention be paid to the reconcilement of the capital accounts as shown against Items 1-4 to 18 with the corresponding items as shown in condition reports on Form 105, and the items shown in Section 3 with the corresponding items in the report for the immediately preceding report period. Any differences that are not adjusted by appropriate corrections should be explained by a footnote or in a memorandum or letter attached to the report. Very truly yours, Chester Morrill, Secretary. TO ALL PRESIDENTS.