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Federal Deposit Insurance Corporation

Division of Supervision

550 17th Street NW, Washington, DC 20429

Trust Assets
December 30, 1998



FFIEC Annual Report of Trust Assets for 1998


The Annual Report of Trust Assets (ARTA) forms and instructions for 1998 will soon be sent to
commercial banks, savings banks and savings associations that have approval to exercise trust
powers. Affiliated trust companies must also complete the report. Institutions completing hard
copy forms must submit the report by February 16, 1999. Institutions submitting the annual
report via the Internet have until March 15, 1999, to complete and submit the report.


The FDIC collects and processes the forms on behalf of the member agencies of the Federal
Financial Institutions Examination Council (FFIEC). The information is used in the supervision
and examination of trust institutions by the Federal Reserve System, Office of the Comptroller of
the Currency, Office of Thrift Supervision and FDIC.
Detailed instructions on electronic submission of the form may be obtained by referring to FIL
119-98: Inactive Financial Institution Letters: dated November 5, 1998, under the Banking
News page on the FDIC Web site ( Questions about electronic filing can be
addressed to Joy Larson on (202) 898-6938 (e-mail: Internet transmission is
faster and more efficient than hard copy submission. Several on-line edits are built into the
system, which should eliminate follow-up calls from the FDIC's Trust and Survey analysts.


If your institution does not exercise its trust powers, you must so indicate in item one of the
signature page and return only that page in the envelope provided with the report, or by
completing item one and submitting the form electronically. In addition, Schedule D should be
completed only by those few institutions that have an affiliated investment advisor. In such
cases, the affiliated investment advisor must complete the hard copy form (electronic
submission of Schedule D is not allowed) and return it directly to the FFIEC at the address
shown on the form, not to the FDIC.
Based on the data collected for the Annual Report of Trust Assets, a book will be published with
information on trust assets, collective investment funds, corporate trust activities, affiliated
investment advisors and fiduciary income. Those institutions required to respond to this request
will receive a copy of the book. The information in the annual trust publication will also be
available under the Bank Data page on the FDIC Internet site at
For additional information on filing requirements, please call the FDIC's Trust and Survey Group
at 1-800-765-4081, or contact your primary supervisor at the telephone number listed on page
two of the instructions.
Thank you for your cooperation.
Nicholas J. Ketcha Jr.

Distribution: Selected Banks, Trust Companies and Savings Associations




NOTE: Paper copies of FDIC financial institution letters may be obtained through the FDIC's
Public Information Center, 801 17th Street, NW, Room 100, Washington, DC 20434 (800-2766003 or (703) 562-2200).