EXHIBIT 7
CONSOLIDATED REPORT OF CONDITION FOR INSURED COMMERCIAL AND
STATE-CHARTERED SAVINGS BANKS FOR MARCH 31, 2000
All schedules are to be reported in thousands of dollars. Unless otherwise
indicated, report the amount outstanding as of the last business day of the
quarter.
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SCHEDULE RC - BALANCE SHEET
Dollar Amounts in Thousands
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ASSETS
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1. Cash and balances due from depository institutions (from Schedule RC-A): RCFD
----
a. Noninterest-bearing balances and currency and coin (1) 0081 937,481 1.a
b. Interest-bearing balances (2) 0071 2,653 1.b
2. Securities:
a. Held-to-maturity securities (from Schedule RC-B, column A) 1754 786,585 2.a
b. Available-for-sale securities (from Schedule RC-B, column D) 1773 11,699,979 2.b
3. Federal funds sold and securities purchased under agreements to resell 1350 979,074 3.
4. Loans and lease financing receivables:
a. Loans and leases, net of unearned income RCFD
(from Schedule RC-C) ----
2122 29,505,422 4.a
b. LESS: Allowance for loan and lease
losses 3123 441,168 4.b
c. LESS: Allocated transfer risk reserve 3128 0 4.c
d. Loans and leases, net of unearned
income, allowance, and reserve (item 4.a
minus 4.b and 4.c) 2125 29,064,254 4.d
5. Trading assets (from Schedule RC-D) 3545 289,652 5.
6. Premises and fixed assets (including capitalized leases) 2145 282,955 6.
7. Other real estate owned (from Schedule RC-M) 2150 4,642 7.
8. Investments in unconsolidated subsidiaries and associated companies
(from Schedule RC-M) 2130 0 8.
9. Customers' liability to this bank on acceptances outstanding 2155 18,994 9.
10. Intangible assets (from Schedule RC-M) 2143 567,652 10.
11. Other Assets (from Schedule RC-F) 2160 1,582,869 11.
12. Total assets (sum of items 1 through 11) 2170 46,216,790 12.
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(1) Includes cash items in process of collection and unposted debts.
(2) Includes time certificates of deposit not held for trading.
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SCHEDULE RC - CONTINUED
Dollar Amounts in Thousands
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LIABILITIES
13. Deposits: RCON
a. In domestic offices (sum of totals of ----
columns A and C from Schedule RC-E, part 1) 2200 26,179,477 13.a
RCON
----
(1) Noninterest-bearing (1) 6631 2,645,282 13.a.1
(2) Interest-bearing 6636 23,534,195 13.a.2 26,179,477
RCFN
----
b. In foreign offices, Edge and Agreement subsidiaries,
and IBFs (from Schedule RC-E, part II) 2200 3,341,856 13.b
RCFN
----
(1) Noninterest-bearing 6631 0 13.b.1
(2) Interest-bearing 6636 3,341,856 13.b.2
RCFD
----
14. Federal funds purchased and securities sold under agreements to repurchase 2800 3,275,076 14.
RCON
----
15. a. Demand notes issued to the U.S. Treasury 2840 1,812,808 15.a
RCFD
----
b. Trading liabilities (from Schedule RC-D) 3548 82,282 15.b
16. Other borrowed money (includes mortgage indebtedness and obligations
under capitalized leases);
a. With a remaining maturity of one year of less 2332 6,300,965 16.a
b. With a remaining maturity of more than one year through three years A547 11,511 16.b
c. With a remaining maturity of more than three years A548 45,728 16.c
17. Not applicable.
18. Bank's liability on acceptances executed and outstanding 2920 18,994 18.
19. Subordinated notes and debentures (2) 3200 726,000 19.
20. Other liabilities (from Schedule RC-G) 2930 1,036,980 20.
21. Total liabilities (sum of items 13 through 20) 2948 42,831,677 21. 42,831,677
22. Not applicable.
EQUITY CAPITAL
RCFD
----
23. Perpetual preferred stock and related surplus 3838 452,310 23.
24. Common stock 3230 41,234 24.
25. Surplus (exclude all surplus related to preferred stock) 3839 1,875,178 25.
26. a. Undivided profits and capital reserves 3632 1,130,808 26.a
b. Net unrealized holding gains (losses) on available-for-sale securities 8434 (114,417) 26.b
c. Accumulated net gains (losses) on cash flow hedges 4336 0 26.c
27. Cumulative foreign currency translation adjustments 3284 0 27.
28. Total equity capital (sum of items 23 through 27) 3210 3,385,113 28. 3,385,113
29. Total liabilities and equity capital (sum of items 21 and 28) 3300 46,216,790 29.
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SCHEDULE RC - CONTINUED
MEMORANDUM
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TO BE REPORTED ONLY WITH THE MARCH REPORT OF CONDITION
1. Indicated in the box at the right the number of the statement below that RCFD Number
best describes the most comprehensive level of auditing work performed for ---- ------
the bank by independent external auditors as of any date during 1998 6724 2 M.1
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1 = Independent audit of the bank conducted in accordance 5 = Review of the bank's financial statements
with generally accepted auditing standards by a by external auditors
certified public accounting firm which submits a
report on the bank
2 = Independent audit of the bank's parent holding 6 = Compilation of the bank's financial
company conducted in accordance with generally statements by external auditors.
accepted auditing standards by a certified public
accounting firm which submits a report on the
consolidated holding company (but not on the bank
separately)
3 = Directors' examination of the bank conducted in 7 = Other audit procedures (excluding tax
accordance with generally accepted auditing standards preparation work).
by a certified public accounting firm (may be
required by state chartering authority)
4 = Directors' examination of the bank performed by other 8 = No external audit work
external auditors (may be required by state
chartering authority)
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(1) Includes total demand deposits and noninterest-bearing time and savings
deposits.
