View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

0
Ex -O ffic io Members
CHARLES S. HAM LIN, GOVERNOR
FREDERIC A. DELANO, VICE GOVERNOR
PA U L M .WARBURG
W. P. G. HARDING
ADOLPH C. M ILLER

W ILLIAM 6 . McADOO
S ecretary of the Treasu ry
CHAIRMAN

JOHN SKELTON W ILLIAM S
Co m p t r o l l e r o f t h e Cu r r e n c y

FEDERAL RESERVE BOARD

H . PARKER W IL L IS , SECRETARY
S H E R M AN 'P^ALLE N , ASST. SECRETARY

ADDRESS REPLY TO

W ASHING TON

FEDERAL RESERVE BOARD

May 3, 1916.
To State Member Banks:
The Federal Reserve Board and the Comptroller of the Currency
have agreed upon and now promulgate the following rules in regard to the
periodical Reports of Condition which the State member banks of the Fed­
eral Reserve System are required to render under the provisions of the
Federal Reserve Act:
1
.

WHEN THE REPORTS OF CONDITION MADE TO THE STATE BANKING DEPART­
MENTS ARE RENDERED AS OF THE SAME DATE AS REQUIRED BY THE COMPTROLLER
OF THE CURRENCY FOR NATIONAL BANKS:
N

(a) The Comptroller of the Currency will accept the reports so
rendered by the State banks, on the same forms used in
reporting to the State Banking Departments.
(b) The publication of reports will be accepted by the Comptroller
of the Currency on the publication form rendered to State
Banking Departments. provided, the office of the Comptrol­
ler of the Currency is furnished with proof of publication
in the manner required of National Banks.
(c) State member banks will be furthermore required to furnish the
Office of the Comptroller of the Currency, for abstracting
purposes only, a statement of Resources and Liabilities on
the form prescribed by the office of the Comptroller of the
Currency for National Banks. This statement must be signed
by the President or Cashier of the reporting bank and
acknowledged before a notary public.
2.

WHEN REPORTS TO STATE BANKING DEPARTMENTS ARE NOT REQUIRED TO
BE RENDERED ON THE SAME DATE AS REPORTS CALLED FOR BY THE COMPTROLLER
OF THE CURRENCY FROM NATIONAL BANKS:
(a) State member banks will be required to execute their reports on
the same form prescribed by the Comptroller of the Currency
for National Banks, but omitting from their report blank,
if they so desire, all schedules except that relating to
coin and coin certificates,
(b)




They will also be required to conform to the regulations govern­
ing National Banks in the matter of publication of reports
and the furnishing of proof of such publication.

V

-2-

640.

These rules may be revised or revoked on 30 days’ notice
from the Federal Reserve Board or the Comptroller of the Currency,
CHARLES S. HAMLIN, ^
Governor, Federal Reserve Board
JOHN SKELTON WILLIAMS,
Comptroller of the Currency,
SHERMAN ALLEN,
Assistant Secretary