FEDERAL RESERVE BOARD

WASHINGTON A D D R E S S OFFICIAL. C O R R E S P O N D E N C E T O

T H E FEDERAL R E S E R V E B O A R D Decoitiber 2<S, 1933 •

SUBJECT: Call Condition Reports of State Bank Members and their A f f i l i a t e s ,

Dear Sir:

There have been forwarded to you today under separate cover the

indicated number of copies of the s i x forms and schedules attached

hereto, for the use of State bank members and their a f f i l i a t e s in

submitting reports as of the next ca l l date:

Number of copies

Form

Form 105, Report of condition of State bank member.

Schedule "0", Loans and advances to a f f i l i a t e s and investments in and loans secured by obligations of a f f i l i a t e s .

Schedule "P", Rates of interest paid on deposits .

Form 220, Report of a f f i l i a t e or holding company a f f i l i a t e .

Form 220a, Publisher*s copy of report of a f f i l i a t e or holding company a f f i l i a t e .

Form 220b, Instructions for preparation of reports of a f f i l i a t e s and holding company a f f a i l i a t e s .

Kindly mail an appropriate number of copies of these forms and

schedules, based on the number required at the time of the l a s t c a l l

for reports, to each State bank member that has not been formall;r

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placed, in l iquidat ion or receivership, or possession of which has not

been taken by a conservator or other State o f f i c i a l , with the request

that the forms and accompanying schedules be held pending a c a l l for

condition reports . Your l e t t e r transmitting the blank forms should

include general instructions with respect to the preparation of the

reports, similar to those given the banks in connection with the l a s t ca l l

for . reports. Please also incorporate in your l e t t e r the two fol low-

ing paragraphs:

"Payments made to the Temporary Federal Deposit

Insurance Fund should be included in 'Other a s s e t s ' ,

Item 13 on the face of Form 105, and shown separately

as 'Payment to Temporary Federal Deposit Insurance

Fund' in Schedule M.

"Outstanding capital notes or capital debentures,

i f any, sold to the Reconstruction Finance Corporation,

should be included in 'Capital account', I t era 28 on the

face of Form 105, and reported separately against the

caption 'Capital notes' or 'Capital debentures', as the

case may be, immediately after the sub-item 'Common

stock'".

You are authorized to grant extensions of time for the prepara-

tion of reports of a f f i l i a t e s under the same terms and conditions as

you were authorised to grant such extensions at the time of the l a s t

c a l l for such reports.

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In order that the Board nay have s t a t i s t i c a l data regarding the

aggregate loans and investments, deposits, e t c . , of State "bank members

in the hands of conservators or other similar State o f f i c i a l s pending

a decision of the question whether they should "be reopened, reorgan-

ized or l iquidated, but which have not been formally placed in l iquida-

tion or receivership, please also forward three copies of Porn 105 to

each of such banks with the request that the conservator, or other

State o f f i c i a l in charge of the bank, f i l l in the data ca l led for by

the form (upon receipt of a ca l l therefor) and mail the report to your

bank in duplicate. Please request the o f f i c i a l s in charge of such

banks to in ter l ine the amount of special or segregated deposits , sub-

ject to unrestricted withdrawal, against the Caption "Unrestricted

deposits" following the items affected in Schedules J, IC and L, and

to inter l ine assets segregated against such deposits ppposite appro-

priate captions on the face of the report and in Schedule I . O f f i c i a l s

in charge of such banks should not be asked to furnish the data

cal led for in Schedules 0 and p, nor to have the reports a t tes ted by

any of the directors of the banks. Since we have never considered

that the law requires reports from banks in the hands of State o f f i -

c i a l s and since we do not require at th is t ine s t a t i s t i c a l informa-

tion regarding the a f f i l i a t e s of such banks, i t w i l l not be necessary

to obtain reports from such a f f i l i a t e s .

It i s requested that as promptly as poss ible af ter the issue of

the c a l l you inform the Board, with respect to each State whose capi-

tal c i ty l i e s in your d i s t r i c t , whether or not State authorit ies issued

a c a l l for condition reports as of the same date as the c a l l issued

by the Board, and, i f not, the date of the nearest c a l l thereto issued Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

567 - 4 ~

by the State author i t ies .

I t i s further requested that you obtain and furnish the Board

a l i s t showing, as of the date of the c a l l made by State authorit ies

nearest to the Board's c a l l date, the name, location and tota l deposits

of every banking ins t i tu t ion under State supervision, whether member or

nonmember, located in each State whose capital c i t y l i e s in your d i s -

t r i c t . This l i s t should be subdivided into (1) banks operating without

re s tr i c t ions , and (2) banks operating under Restrictions or not in oper-

ation but not formally placed in l iquidation or receivership. In the

case of States embraced partly in other d i s t r i c t s , please designate

the banks located either in your d i s t r i c t or in the other d i s t r i c t s .

Very truly yours,

) T ) p t a ^

Chester Morrill , Secretary.

TO ALL FEDERAL BESESVE AGENTS*

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