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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-K
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended Commission file number 2-33339
December 31, 1996
NBD Bank (formerly NBD Bank, N.A.
and before that,
National Bank of Detroit),
Trustee Under
NBD Bank, N.A. Retirement Plan and Trust for
Self-Employed Individuals
(Exact name of registrant as specified in its charter)
Michigan 38-6097482
(State of Organization) (I.R.S. Employer Identification No.)
NBD Bank
Retirement Services
611 Woodward
Detroit, Michigan 48226
Telephone Number - (313) 225-1000
(Address of principal executive offices of Trustee)
Securities registered pursuant to Section 12(b) of the Act: NONE
Securities registered pursuant to Section 12(g) of the Act: NONE
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Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months and (2) has been subject to such filing
requirements for the past 90 days.
Yes X No
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Indicate by check mark if disclosure of delinquent filers pursuant to Item
405 of Regulation S-K is not contained herein, and will not be contained, to
the best of registrant's knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this Form 10-K or any
amendment to this Form 10-K. [x]
Aggregate market value of voting stock held by non-affiliates: NONE
Indicate the number of units outstanding of each of the Registrant's classes of
participation as of December 31, 1996
The Balanced Fund 3,695.0273
The Equity Fund 85,491.8881
The Short Term Investment Fund 3,214.3587
DOCUMENTS INCORPORATED BY REFERENCE
The following documents are incorporated by reference into this Form 10-K
as contemplated by Rule 12b-23 under the Securities Exchange Act of 1934, as
amended:
Part I: Item 1 --Registrant's Post-Effective Amendment No. 30 to
Form S-1 Registration Statement (Reg. No. 2-33339).
Part II: Items 6, 7, 8 --Registrant's Post-Effective Amendment No. 30 to
Form S-1 Registration Statement (Reg. No. 2-33339).
Part III: Item 11 --Registrant's Post-Effective Amendment No. 30
to Form S-1 Registration Statement (Reg. No.
2-33339).
Part IV: Item 14 --Registrant's Post-Effective Amendment No. 30
to Form S-1 Registration Statement (Reg. No.
2-33339).
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PART I
ITEM 1. BUSINESS.
Information responsive to this item is set forth under the caption
"The Retirement Plan of a Self-Employed Individual," in the
Registrant's Post-Effective Amendment No. 30 to Form S-1 Registration
Statement (Reg. No. 2-33339) and is incorporated by reference herein.
ITEM 2. PROPERTIES.
Not applicable.
ITEM 3. LEGAL PROCEEDINGS.
None.
ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.
None.
PART II
ITEM 5. MARKET FOR THE REGISTRANT'S COMMON STOCK AND RELATED STOCKHOLDER
MATTERS
Not applicable.
ITEM 6. SELECTED FINANCIAL DATA.
Information responsive to this item is set forth on pages 22 through
39 of the Registrant's Post-Effective Amendment No. 30 to Form S-1
Registration Statement (Reg. No. 2-33339) and is incorporated by
reference herein.
ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
RESULTS OF OPERATION.
Information responsive to this item is set forth under the caption
"Management's Discussion and Analysis of Statement of Operations and
Statement of Changes in Net Assets," in the Registrant's
Post-Effective Amendment No. 30 to Form S-1 Registration Statement
(Reg. No. 2-33339) and is incorporated by reference herein.
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ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.
Information responsive to this item is set forth on pages 22 through
39 of the Registrant's Post-Effective Amendment No. 30 to Form S-1
Registration Statement (Reg. No. 2-33339) and is incorporated by
reference herein.
ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND
FINANCIAL DISCLOSURE.
None.
PART III
ITEM 10. DIRECTORS AND EXECUTIVE OFFICERS OF THE REGISTRANT.
Not applicable.
ITEM 11. EXECUTIVE COMPENSATION.
Information responsive to this item is set forth under the caption
"Duties of the Trustee," in the Registrant's Post-Effective Amendment
No. 30 to Form S-1 Registration Statement (Reg. No. 2-33339) and is
incorporated by reference herein.
ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT.
Not applicable.
ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS.
Not applicable.
PART IV
ITEM 14. EXHIBITS, FINANCIAL STATEMENT SCHEDULES, AND REPORTS ON FORM 8-K.
(a) The following documents are filed as part of this report:
(1) Financial Statements
The Balanced Fund
Statements of Assets and Liabilities, December 31, 1996
and 1995.
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Statements of Investments in Securities, December 31, 1996
and 1995.
For the Five Years ended December 31, 1996:
Statements of Changes in Net Assets
Statements of Changes in Units and Value per Unit
Statements of Operations
The Equity Fund
Statements of Assets and Liabilities, December 31, 1996 and
1995.
Statements of Investments in Securities, December 31, 1996
and 1995.
For the Five Years ended December 31, 1996:
Statements of Changes in Net Assets
Statements of Changes in Units and Value per Unit
Statements of Operations
The Short-Term Investment Fund
Statements of Assets and Liabilities, December 31, 1996
and 1995.
Statements of Investments in Securities, December 31,
1996 and 1995.
For the Five Years ended December 31, 1996:
Statements of Changes in Net Assets
Statements of Changes in Units and Value per Unit
Statements of Operations
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Notes to Financial Statements
All of the above Financial Statements and each of the Report
of the Independent Public Accountants for the two-year
period ended December 31, 1996, and Independent Auditors'
Report for the three-year period ended December 31, 1994,
thereon are contained in the Registrant's Post-Effective
Amendment No. 30 to Form S-1 Registration Statement (Reg.
No. 2-33339) and are hereby incorporated by reference.
(2) Schedules
None.
(3) Exhibits
The following Exhibits are incorporated by reference into this
Form 10-K as contemplated by Rule 12b-23 under the Securities
Exchange Act of 1934, as amended:
3-4 The Declaration of Trust; the First, Second,
Third, Fourth, Fifth, Sixth and Seventh Amendments thereto;
the 1984 Amendment and Restatement; the 1989 Amendment and
Restatement, including Exhibits A and B thereto; and the
First Amendment to the 1989 Amendment and Restatement (all of
the foregoing being previously filed).
13,24 Registrant's Post-Effective Amendment No. 30
to Form S-1 Registration Statement.
(b) Reports on Form 8-K:
The Registrant has not filed any reports on Form 8-K during the last
quarter of the period covered by this report.
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SIGNATURE
Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed
on its behalf by the undersigned, thereunto duly authorized.
NBD Bank, as Trustee Under NBD Bank,
N.A. Retirement Plan and Trust for
Self-Employed Individuals
By: /s/ MARY JO GRASSNIG
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MARY JO GRASSNIG
Vice President
Dated: March 26, 1997
