File No. 33-55161
Under the Securities Act of 1933
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM T-1
STATEMENT OF ELIGIBILITY
UNDER THE TRUST INDENTURE ACT
OF 1939 OF A CORPORATION
DESIGNATED TO ACT AS TRUSTEE
------------------------------------
CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A TRUSTEE PURSUANT TO
SECTION 305(b)(2) [ ]
SUNTRUST BANK, N.A.
(Exact name of trustee as specified in its charter)
A national banking association 62-0802533
(Jurisdiction of incorporation (I.R.S.
Employer or organization if Identification No.)
not a national bank)
201 Fourth Avenue North 37219
Nashville, Tennessee (Zip Code)
(Address of principal executive offices)
-----------------------------------
Donna Williams
Vice President
424 Church Street, 6th Floor
Nashville, Tennessee 37219
615-748-4745
(Name, address and telephone
number of agent for service)
-----------------------------------
MURPHY OIL CORPORATION
(Exact name of obligor as specified in its charter)
Delaware 71-0361522
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
200 Peach Street 71731
El Dorado, Arkansas (Zip Code)
(Address of principal executive offices)
MURPHY OIL CORPORATION
7.05% Notes due 2029
(Title of the indenture securities)
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<PAGE>
GENERAL
Item 1. General information.
Furnish the following information as to the trustee:
(a) Name and address of each examining or supervising authority to
which it is subject.
Office of the Comptroller of the Currency
Marquis One Tower
Suite 600
245 Peachtree Center Avenue N.E.
Atlanta, Georgia 30303
Federal Reserve Bank of Atlanta,
District No. 6
104 Marietta Street N.E.
Atlanta, Georgia 30303
Federal Deposit Insurance Corporation
Memphis Regional Office
5100 Poplar Avenue
Suite 1900
Memphis, Tennessee 38137
(b) Whether it is authorized to exercise corporate trust powers.
Yes.
Item 2. Affiliations with obligor.
If the obligor is an affiliate of the trustee, describe each such
affiliation.
The obligor is not an affiliate of the trustee.
2
<PAGE>
Items 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14 and 15:
Murphy Oil Corporation currently is not in default. Accordingly, responses to
Items 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14 and 15 of Form T-1 are not
required under General Instruction B.
Item 16. List of Exhibits
List below all exhibits filed as a part of this statement of
eligibility.
Exhibit 1 - Articles of Association, as amended, of the Trustee (See
Exhibit 1 to Form T-1 filed with Registration Statement No. 22-26192 and
Exhibit 10 to Form 10-1 filed with the Commission on February 5, 1999 as
Exhibit 25 to the Current Report on Form 8-K of Service Experts, Inc., each of
which is incorporated herein by this reference).
Exhibit 2 - Certificate of Authority of the Trustee to commence business
from the Comptroller of the Currency (See Exhibit 2 to Form T-1 filed with
Registration Statement No. 22-26192 which is incorporated herein by this
reference).
Exhibit 3 - Authorization of the Trustee to exercise corporate trust
powers (See Exhibit 3 to Form T-1 filed with Registration Statement No.
22-26192 which is incorporated herein by this reference).
Exhibit 4 - Amended and Restated By-Laws of Trustee (See Exhibit 4 to Form
T-1 filed with the Commission on February 5, 1999 as Exhibit 25 to the Current
Report on Form 8-K of Service Experts, Inc. which is incorporated herein by
this reference).
Exhibit 5 - Not applicable.
Exhibit 6 - The consent of the Trustee required by Section 321(b) of the
Act.
Exhibit 7- A copy of the latest report of condition of the trustee
published pursuant to law or the requirements of its supervising or examining
authority.
Exhibit 8 - Not applicable.
Exhibit 9 - Not applicable.
3
<PAGE>
Pursuant to the requirements of the Trust Indenture Act of 1939, the
trustee, SunTrust Bank, Nashville, N.A., a national banking association
organized and existing under the laws of the United States, has duly caused
this statement of eligibility to be signed on its behalf by the undersigned,
thereunto duly authorized, all in the city of Nashville, and State of
Tennessee, on the 30th day of April, 1999.
SUNTRUST BANK, NASHVILLE, N.A.
By: /s/ Donna Williams
------------------------------------
Donna Williams, Vice
President
Attest:
By: /s/ Jonathon Chayes
----------------------------------
Jonathon Chayes,
Assistant Vice President and
Trust Officer
4
EXHIBIT 6
CONSENT OF TRUSTEE
Pursuant to the requirements of Section 321(b) of the Trust Indenture Act
of 1939, in connection with the proposed issue of Notes by Murphy Oil
Corporation, we hereby consent that reports of examinations by federal, state,
territorial or district authorities may be furnished by such authorities to the
Securities and Exchange Commission upon request therefor.
SUNTRUST BANK, NASHVILLE, N.A.
By: /s/ Donna Williams
--------------------------------
Donna Williams
Vice President
Dated: April 30, 1999
EXHIBIT 7
Board of Governors of the
Federal Reserve System
OMB Number: 7100-0036
Federal Deposit Insurance Corporation
OMB Number: 3064-0052
Office of the Comptroller of the
Currency
OMB Number: 1567-0081
FEDERAL FINANCIAL INSTITUTIONS
EXAMINATION COUNCIL Expires March 31, 2001
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(FEDERAL FINANCIAL INSTITUTIONS [1]
EXAMINATION COUNCIL LOGO) Please refer to page i,
Table of Contents, for
the required disclosure
of estimated burden.
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CONSOLIDATED REPORTS OF CONDITION AND INCOME FOR
A BANK WITH DOMESTIC AND FOREIGN OFFICES -- FFIEC 031
(19981231)
REPORT AT THE CLOSE OF BUSINESS DECEMBER 31, 1999 ------------
(RCRI 9889)
This report is required by law: 12 U.S.C. Section 324 (State member banks); 12
U.S.C. Section 1817 (State nonmember banks); and 12 U.S.C. Section 161
(National banks).
This report form is to be filed by banks with branches and consolidated
subsidiaries in U.S. territories and possessions, Edge or Agreement
subsidiaries, foreign branches, consolidated foreign subsidiaries, or
International Banking Facilities.
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NOTE: The Reports of Condition and Income must be signed by an authorized
officer and the Report of Condition must be attested to by not less than two
directors (trustees) for State nonmember banks and three directors for State
member and National banks.
I, Robert F. Ryan, Vice President
---------------------------------------------------
Name and Title of Officer Authorized to Sign Report
of the named bank do hereby declare that the Reports of Condition and Income
(including the supporting schedules) for this report date have been prepared in
conformance with the instructions issued by the appropriate Federal regulatory
authority and are true to the best of my knowledge and belief.
/s/ Robert F. Ryan
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Signature of Officer Authorized to Sign Report
1/25/99
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Date of Signature
The Reports of Condition and Income are to be prepared in accordance with
Federal regulatory authority instructions.
We, the undersigned directors (trustees), attest to the correctness of the
Report of Condition (including the supporting schedules) for this report date
<PAGE>
and declare that it has been examined by us and to the best of our knowledge
and belief has been prepared in conformance with the instructions issued by the
appropriate Federal regulatory authority and is true and correct.
/s/ Sam Franklin, III
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Director (Trustee)
/s/ Lipscomb Davis, Jr.
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Director (Trustee)
/s/ John Clay
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Director (Trustee)
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SUBMISSION OF REPORTS
Each bank must prepare its Reports of Condition and Income either:
(a) in electronic form and then file the computer data file directly with the
banking agencies' collection agent, Electronic Data Systems Corporation
(EDS), by modem or on computer diskette; or
(b) in hard-copy (paper) form and arrange for another party to convert the
paper report to electronic form. That party (if other than EDS) must
transmit the bank's computer data file to EDS.
For electronic filing assistance, contact EDS Call Report Services, 2150 N.
Prospect Ave., Milwaukee, WI 53202, telephone (800) 255-1571.
To fulfill the signature and attestation requirement for the Reports of
Condition and Income for this report date, attach this signature page to the
hard-copy record of the completed report that the bank places in its files.
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FDIC Certificate Number
------------
(RCRI 9050) ---------------------------------------
Legal Title of Bank (TEXT 9010)
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City (TEXT 9130)
----------------------------------------
State Abbrev. (TEXT 9200) ZIP Code
(TEXT 9220)
Board of Governors of the Federal Reserve System, Federal Deposit Insurance
Corporation, Office of the Comptroller of the Currency
<PAGE>
<TABLE>
<S> <C> <C> <C> <C>
SunTrust Bank, Nashville, N.A. Call Date: 12/31/1998 State #: 472100 FFIEC 031
P.O. BOX 4418 CENTER 632 Vendor ID: D Cert #: 04866 RI-1
ATLANTA, GA 30302 Transit #: 06400004 [3]
</TABLE>
CONSOLIDATED REPORT OF INCOME
FOR THE PERIOD JANUARY 1, 1998 -- DECEMBER 31, 1998
All Report of Income schedules are to be reported on a calendar year-to-date
basis in thousands of dollars.
SCHEDULE RI -- INCOME STATEMENT
1480<-
<TABLE>
Dollar Amounts in Thousands
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<S> <C> <C> <C>
1. Interest Income:
a. Interest and fee income on loans:
(1) In domestic offices: RIAD
----
(a) Loans secured by real estate 4011 82,393 1.a.1.a
(b) Loans to depository institutions 4019 10,135 1.a.1.b
(c) Loans to finance agricultural production and
other loans to farmers 4024 667 1.a.1.c
(d) Commercial and industrial loans 4012 91,560 1.a.1.d
(e) Acceptances of other banks 4026 0 1.a.1.e
(f) Loans to individuals for household, family,
and other personal expenditures:
(1) Credit cards and related plans 4054 29 1.a.1.f.1
(2) Other 4065 35,069 1.a.1.f.2
(g) Loans to foreign governments and official
institutions 4056 0 1.a.1.g
(h) Obligations (other than securities and leases)
of states and political subdivisions in the U.S.:
(1) Taxable obligations 4503 0 1.a.1.h.1
(2) Tax-exempt obligations 4504 3,789 1.a.1.h.2
(i) All other loans in domestic offices 4058 9,613 1.a.1.i
(2) In foreign offices, Edge and Agreement subsidiaries,
and IBFs 4059 0 1.a.2
b. Income from lease financing receivables:
(1) Taxable leases 4605 8,829 1.b.1
(2) Tax-exempt leases 4307 0 1.b.2
c. Interest income on balances due from depository
institutions: (1)
(1) In domestic offices 4105 101 1.c.1
(2) In foreign offices, Edge and Agreement subsidiaries,
and IBFs 4106 0 1.c.2
d. Interest and dividend income on securities:
(1) U.S. Treasury securities and U.S. Government agency
obligations 4027 24,216 1.d.1
(2) Securities issued by states and political subdivisions
in the U.S.:
(a) Taxable securities 4506 422 1.d.2.a
(b) Tax-exempt securities 4507 2,110 1.d.2.b
(3) Other domestic debt securities 3657 0 1.d.3
(4) Foreign debt securities 3658 11 1.d.4
(5) Equity securities (including investments in mutual
funds) 3659 1,211 1.d.5
e. Interest income from trading assets 4069 0 1.e
- ------------
(1) Includes interest income on time certificates of deposits not held for
trading.
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C> <C> <C>
SunTrust Bank, Nashville, N.A. Call Date: 12/31/1998 State #: 472100 FFIEC 031
P.O. BOX 4418 CENTER 632 Vendor ID: D Cert #: 04955 RI-2
ATLANTA, GA 30302 Transit #: 06400004 [4]
</TABLE>
SCHEDULE RI -- CONTINUED
<TABLE>
Dollar Amounts in Thousands
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<S> <C> <C> <C> <C> <C>
1. Interest income (continued)
RIAD YEAR-TO-DATE
f. Interest income on federal funds sold and securities purchased ----
under agreements to resell 4020 17,479 1.f
g. Total interest income (sum of items 1.a through 1.f) 4107 287,634 1.g
2. Interest expense:
a. Interest on deposits:
(1) Interest on deposits in domestic offices:
(a) Transaction accounts (NOW accounts, ATS accounts, and
telephone and preauthorized transfer accounts) 4508 1,542 2.a.1.a
(b) Nontransaction accounts:
(1) Money market deposit accounts (MMDAs) 4509 39,964 2.a.1.b.1
(2) Other savings deposits 4511 2,982 2.a.1.b.2
(3) Time deposits of $100,000 or more A517 15,019 2.a.1.b.3
(4) Time deposits of less than $100,000 A518 25,712 2.a.1.b.4
(2) Interest on deposits in foreign offices, Edge and agreement
subsidiaries, and IBFs 4172 13,402 2.a.2
b. Expense of federal funds purchased and securities sold under
agreements to repurchase 4180 39,977 2.b
c. Interest on demand notes issued to the U.S. Treasury, trading
liabilities, and on other borrowed money 4185 11,137 2.c
d. Not applicable
e. Interest on subordinated notes and debentures 4200 0 2.e
f. Total interest expense (sum of items 2.a through 2.e) 4073 149,735 RIAD 2.f
----
3. Net interest income (item 1.g minus 2.f) 4074 137,899 3.
4. Provisions:
a. Provision for credit losses 4230 (9,851) 4.a
b. Provision for allocated transfer risk 4243 0 4.b
5. Noninterest income: RIAD
----
a. Income from fiduciary activities 4070 23,338 5.a
b. Service charges on deposit accounts in domestic offices 4080 24,244 5.b
c. Trading revenue (must equal Schedule RI, sum of Memorandum
items 8.a through 8.d) A220 0 5.c
d.-e. Not applicable
f. Other noninterest income:
(1) Other fee income 5407 26,429 5.f.1
(2) All other noninterest income* 5408 9,480 RIAD 5.f.2
----
g. Total noninterest income (sum of items 5.a through 5.f) 4079 81,481 5.g
6. a. Realized gains (losses) on held-to-maturity securities 3521 0 6.a
b. Realized gains (losses) on available-for-sale securities 3196 (77) 6.b
7. Noninterest expense: RIAD
----
a. Salaries and employee benefits 4135 53,818 7.a
b. Expenses of premises and fixed assets (net of rental income)
(excluding salaries and employee benefits and mortgage interest) 4217 11,048 7.b
c. Other noninterest expense* 4092 58,922 RIAD 7.c
----
d. Total noninterest expense (sum of items 7.a through 7.c) 4093 123,788 7.d
8. Income (loss) before income taxes and extraordinary items and other
adjustments (item 3 plus or minus items 4.a, 4.b, 5.g, 6.a, 6.b,
and 7.d) 4301 106,376 8.
9. Applicable income taxes (on item 8) 4302 37,984 9.
10. Income (loss) before extraordinary items and other adjustments
(item 8 minus 9) 4300 67,392 10.
11. Extraordinary items and other adjustments, net of income taxes* 4320 0 11
12. Net income (loss) (sum of items 10 and 11) 4340 67,392 12.
- ----------
* Describe on Schedule RI-E - Explanations.
<PAGE>
<S> <C> <C> <C>
SunTrust Bank, Nashville, N.A. Call Date: 12/31/1998 State #: 472100 FFIEC 031
P.O. BOX 4418 CENTER 632 Vendor ID: D Cert #: 04955 RI-3
ATLANTA, GA 30302 Transit #: 06400004 [5]
</TABLE>
SCHEDULE RI - CONTINUED
1481<-
<TABLE>
Dollar Amounts in Thousands
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<S> <C> <C> <C>
MEMORANDA
1. Interest expense incurred to carry tax-exempt securities, RIAD YEAR-TO-DATE
loans, and leases acquired after August 7, 1986, that is ----
not deductible for federal income tax purposes 4513 785 M.1
2. Income from the sale and servicing of mutual funds and
annuities in domestic offices (included in Schedule RI, item 8) 8431 5,927 M.2
3.-4. Not applicable
5. Number of full-time equivalent employees on payroll at end NUMBER
of current period (round to nearest whole number) 4150 1,096 M.5
6. Not applicable
7. If the reporting bank has restated its balance sheet
as a result of applying push accounting this calendar year, CCYY / MM / DD
report the date of the bank's acquisition 9106 N/A M.7
8. Trading revenue (from cash instruments and
off-balance sheet derivative instruments)
(sum of Memorandum items 8.a through 8.d must
equal Schedule RI, item 5.c):
a. Interest rate exposures 8757 0 M.8.a
b. Foreign exchange exposures 8758 0 M.8.b
c. Equity security and index exposures 8759 0 M.8.c
d. Commodity and other exposures 8760 0 M.8.d
9. Impact on income of off-balance sheet derivatives
held for purposes other than trading:
a. Net increase (decrease) to interest income 8761 141 M.9.a
b. Net (increase) decrease to interest expense 8762 0 M.9.b
c. Other (noninterest) allocations 8763 0 M.9.c
10. Credit losses on off-balance sheet derivatives
(see instructions) A251 0 M.10
11. Does the reporting bank have a Subchapter S election
in effect for federal income tax purposes for the Yes / No
current tax year? A530 NO M.11
12. Deferred portion of total applicable
income taxes included in Schedule RI,
items 9 and 11 (to be reported
with the December Report of Income) 4772 0 M.12
- ------------
(1) For example, a bank acquired on June 1, 1997, would report 1997/06/01
* Describe on Schedule RI-E - Explanations.
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C>
SunTrust Bank, Nashville, N.A. Call Date: 12/31/1998 State #: 472100 FFIEC 031
P.O. BOX 4418 CENTER 632 Vendor ID: D Cert #: 04955 RI-4
ATLANTA, GA 30302 Transit #: 06400004 [6]
</TABLE>
SCHEDULE RI-A - CHANGES IN EQUITY CAPITAL
Indicate decreases and losses in parentheses. 1483<-
<TABLE>
Dollar Amounts in Thousands
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<S> <C> <C> <C>
RIAD
1. Total equity capital originally reported in the December -----
31, 1997, Reports of Condition and Income 3215 328,092 1
2. Equity capital adjustments from amended Reports of income, net* 3216 0 2.
3. Amended balance end of previous calendar year (sum of
items 1 and 2) 3217 328,092 3.
4. Net income (loss) (must equal Schedule RI, item 12) 4340 67,392 4.
5. Sale, conversion, acquisition, or retirement of capital
stock, net 4346 0 5.
6. Changes incident to business combinations, net 4356 0 6.
7. LESS: Cash dividends declared on preferred stock 4470 0 7.
8. LESS: Cash dividends declared on common stock 4460 30,275 8.
9. Cumulative effect of changes in accounting principles from
prior years* (see instructions for this schedule) 4411 0 9.
10. Corrections of material accounting errors from prior years*
(see instructions for this schedule) 4412 0 10.
11. Change in net unrealized holding gains (losses) on available-
for-sale securities 8433 (810) 11.
12. Foreign currency translation adjustments 4414 0 12
13. Other transactions with parent holding company* (not included
in item 5, 7, or 8 above) 4415 0 13
14. Total equity capital end of current period (sum of items 3
through 13) must equal Schedule RC, item 28) 3210 364,399 14
- ---------
* Describe on Schedule RI-E - Explanations.
</TABLE>
SCHEDULE RI-B - CHARGE-OFFS AND RECOVERIES ON LOANS AND LEASES AND
CHANGES IN ALLOWANCE FOR CREDIT LOSSES
PART 1. Charge-offs and Recoveries on Loans and Leases(1)
Part 1 excludes charge-offs and recoveries through the
allocated transfer risk reserve. 1486<-
<TABLE>
Dollar Amounts in Thousands
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<S> <C> <C> <C> <C> <C>
--Calendar year-to-date--
(Column A) (Column B)
1. Loans secured by real estate: RIAD Charge-offs RIAD Recoveries
---- ----
a. To U.S. addressees (domicile) 4651 144 4661 320 1.a
b. To non-U.S. addressees (domicile) 4652 0 4662 0 1.b
2. Loans to depository institutions and acceptances
of other banks: a. To U.S. banks and other U.S.
depository institutions 4653 0 4663 0 2.a
b. To foreign banks 4654 0 4664 0 2.b
3. Loans to finance agricultural production and other
loans to farmers 4655 0 4665 0 3
4. Commercial and industrial loans:
a. To U.S. addressees (domicile) 4645 451 4617 581 4.a
b. To non-U.S. addressees (domicile) 4646 0 4618 0 4.b
5. Loans to individuals for household,
family, and other personal expenditures:
a. Credit cards and related plans 4656 29 4666 17 5.a.
b. Other (includes single payment, installment,
and all student loans) 4657 4,559 4667 2,024 5.b.
6. Loans to foreign governments and official
institutions 4643 0 4627 0 6
7. All other loans 4644 405 4628 253 7
8. Lease financing receivables:
a. Of U.S. addressees (domicile) 4658 553 4668 186 8.a.
b. Of non-U.S. addressees (domicile) 4659 0 4669 0 8.b.
9. Total (sum of items 1 through 8) 4635 6,341 4605 3,381 9
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C>
SunTrust Bank, Nashville, N.A. Call Date: 12/31/1998 State #: 472100 FFIEC 031
P.O. BOX 4418 CENTER 632 Vendor ID: D Cert #: 04955 RI-4
ATLANTA, GA 30302 Transit #: 06400004 [7]
</TABLE>
SCHEDULE RI-B - CONTINUED
Part I. Continued
MEMORANDA
<TABLE>
Dollar Amounts in Thousands
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<S> <C> <C> <C> <C> <C>
1. - 3. Not applicable. --Calender year-to-date--
4. Loans to finance commercial real estate, construction, (Column A) (Column B)
and land development activities (not secured by real RIAD Charge-offs RIAD Recoveries
estate) included in Schedule RI-B, part I, items 4 ---- ----
and 7, above 5409 0 5410 0 M.4
5. Loans secured by real estate in domestic offices
(included in Schedule RI-B, part I, item 1, above):
a. Construction and land development 3582 0 3583 4 M.5.a
b. Secured by farmland 3584 0 3585 0 M.5.b
c. Secured by 1-4 family residential properties:
(1) Revolving, open-end loans secured by 1-4 family
residential properties and extended under lines
of credit 5411 0 5412 9 M.5.c.1
(2) All other loans secured by 1-4 family residential
properties 5413 83 5414 242 M.5.c.2
d. Secured by multifamily (5 or more) residential properties 3588 0 3589 0 M.5.d
e. Secured by nonfarm nonresidential properties 3590 61 3591 65 M.5.e
PART II. CHANGES IN ALLOWANCE FOR CREDIT LOSSES
Dollar Amounts in Thousands
- ------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
RIAD
1. Balance originally reported in the December 31, 1997, ----
Reports of Condition and Income 3124 59,211 1.
2. Recoveries (must equal or exceed part I, item 9,
column B above) 2419 3,381 2.
3. LESS: Charge-offs (must equal or exceed part I, item 9,
column A above) 2432 6,341 3.
4. Provision for credit losses (must equal Schedule RI, item 4.a) 4230 (9,851) 4.
5. Adjustments * (see instructions for this schedule) 4815 0 5.
6. Balance end of current period (sum of items 1 through 5)
(must equal or exceed Schedule RC, item 4.b) A512 46,400 6
- ------------
* Describe on Schedule RI-E - Explanations.
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C>
SunTrust Bank, Nashville, N.A. Call Date: 12/31/1998 State #: 472100 FFIEC 031
P.O. BOX 4418 CENTER 632 Vendor ID: D Cert #: 04955 RI-4
ATLANTA, GA 30302 Transit #: 06400004 [8]
</TABLE>
SCHEDULE RI-D - INCOME FROM INTERNATIONAL OPERATIONS
FOR ALL BANKS WITH FOREIGN OFFICES, EDGE OR AGREEMENT SUBSIDIARIES, OR IBFS
WHERE INTERNATIONAL OPERATIONS ACCOUNT FOR MORE THAN 10 PERCENT OF TOTAL
REVENUES, TOTAL ASSETS, OR NET INCOME.
PART I. ESTIMATED INCOME FROM INTERNATIONAL OPERATIONS
1492<-
<TABLE>
Dollar Amounts in Thousands
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<S> <C> <C> <C>
1. Interest income and expense booked at foreign offices,
Edge and Agreement subsidiaries, and IBFs: RIAD Year-to-Date
----
a. Interest Income booked 4837 0 1.a
b. Interest expense booked 4838 0 1.b
c. Net interest income booked at foreign offices, Edge
and Agreement subsidiaries, and IBFs (item 1.a minus 1.b) 4839 0 1.c
2. Adjustments for booking location of international operations:
a. Net interest income attributable to international operations
booked at domestic offices 4840 0 2.a
b. Net interest income attributable to domestic business
booked at foreign offices 4841 0 2.b
c. Net booking location adjustment (item 2.a minus 2.b) 4842 0 2.c
3. Noninterest income and expense attributable to
international operations:
a. Noninterest income attributable to international operations 4097 0 3.a
b. Provision for loan and lease losses attributable to
international operations 4235 0 3.b
c. Other noninterest expense attributable to international
operations 4239 0 3.c
d. Net noninterest income (expense) attributable to
international operations (item 3.a minus 3.b and 3.c) 4843 0 3.d
4. Estimated pretax income attributable to international operations
before capital allocation adjustment (sum of items 1.c, 2.c,
and 3.d) 4844 0 4
5. Adjustment to pretax income for internal allocations to
international operations to reflect the effects of equity
capital on overall bank funding costs 4845 0 5
6. Estimated pretax income attributable to international
operations after capital allocation adjustment (sum of
items 4 and 5) 4846 0 6
7. Income taxes attributable to income from international
operations as estimated in item 6 4797 0 7
8. Estimated net income attributable to international
operations (item 6 minus 7) 4341 0 8
Dollar Amounts in Thousands
- -------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
MEMORANDA RIAD
----
1. Intracompany interest income included in item 1.a above 4847 0 M.1
2. Intracompany interest expense included in item 1.b above 4848 0 M.2
</TABLE>
PART II. SUPPLEMENTARY DETAILS ON INCOME FROM INTERNATIONAL OPERATIONS REQUIRED
BY THE DEPARTMENTS OF COMMERCE AND TREASURY FOR PURPOSES OF THE U.S.
INTERNATIONAL ACCOUNTS AND THE U.S. NATIONAL INCOME AND PRODUCT ACCOUNTS
<TABLE>
Dollar Amounts in Thousands
- -------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
RIAD Year-to-Date
----
1. Interest income booked at IBFs 4849 0 1
2. Interest expense booked at IBFs 4850 0 2
3. Noninterest income attributable to international operations
booked at domestic offices (excluding IBFs):
a. Gains (losses) and extraordinary items 5491 0 3.a
b. Fees and other noninterest income 5492 0 3.b
4. Provision for loan and lease losses attributable to
international operations booked at domestic offices
(excluding IBFs) 4852 0 4
5. Other noninterest expense attributable to international
operations booked at domestic offices (excluding IBFs) 4853 0 5
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C>
SunTrust Bank, Nashville, N.A. Call Date: 12/31/1998 State #: 472100 FFIEC 031
P.O. BOX 4418 CENTER 632 Vendor ID: D Cert #: 04955 RI-4
ATLANTA, GA 30302 Transit #: 06400004 [9]
</TABLE>
SCHEDULE RI-E - EXPLANATIONS
SCHEDULE RI-E IS TO BE COMPLETED EACH QUARTER ON A CALENDAR YEAR-TO-DATE BASIS.
Detail all adjustments in Schedules RI-A and RI-B, all extraordinary items and
other adjustments in Schedule RI, and all significant items of other
noninterest income and other noninterest expense in Schedule RI. (See
instructions for details.)
1495<-
<TABLE>
Dollar Amounts in Thousands
- ------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
1. All other noninterest income (from Schedule RI, item 5.f.(2)) Report amounts
that exceed 10% of Schedule RI, item 5.f. (2):
RIAD Year-to-Date
---- ------------
a. Net gains (losses) on other real estate owned 5415 4,015 1.a
b. Net gains (losses) on sales of loans 5416 2,610 1.b
c. Net gains (losses) on sales of premises and fixed assets 5417 0 1.c
Itemize and describe the three largest other amounts that exceed 10% of
Schedule RI, item 5.f.(2):
TEXT
RIAD
----
d. 4461 4461 0 1.d
e. 4462 4462 0 1.e
f. 4463 4463 0 1.f
2. Other noninterest expense (from Schedule RI, item 7.c):
Year-to-Date
------------
a. Amortization expense of intangible assets 4531 0 2.a
Report amounts that exceed 10% of Schedule RI, item 7.c:
b. Net (gains) losses on other real estate owned 5418 0 2.b
c. Net (gains) losses on sales of loans 5419 0 2.c
d. Net (gains) losses on sales of premises and fixed assets 5420 0 2.d
Itemize and describe the three largest other amounts that exceed 10% of Schedule RI,
item 7c:
TEXT
RIAD
----
e. 4464 I/C DATA PROCESSING FEE 4464 23,961 2.e
f. 4467 4467 0 2.f
g. 4468 4468 0 2.g
3. Extraordinary items and other adjustments and applicable income tax effect
(from Schedule RI item 11.b) (itemize and describe all extraordinary items
and other adjustments):
TEXT
RIAD RIAD
---- ----
a. (1) 4469 4469 0 3.a.l
(2) Applicable income tax effect 4486 0 3.a.2
b. (1) 4487 4487 0 3.b.1
(2) Applicable income tax effect 4488 0 3.b.2
C. (1) 4489 4489 0 3.c.1
(2) Applicable income tax effect 4491 0 3.c.2
4. Equity capital adjustments from amended Reports of Income (from Schedule
RI-A, item 2) (itemize and describe all adjustments):
TEXT
RIAD
----
a.4492 4492 0 4.a
b.4493 4493 0 4.b
5. Cumulative effect of changes in accounting principles from prior years (from
Schedule RI-A, item 9) (itemize and describe all changes in accounting
principles):
TEXT
RIAD
----
a. 4494 4494 0 5.a
b. 4495 4495 0 5.b
6. Corrections of material accounting errors from prior years (from Schedule
RI-A, item 10) (itemize and describe all corrections):
TEXT
RIAD
----
a. 4496 4496 0 6.a
b. 4497 4497 0 6.b
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C>
SunTrust Bank, Nashville, N.A. Call Date: 12/31/1998 State #: 472100 FFIEC 031
P.O. BOX 4418 CENTER 632 Vendor ID: D Cert #: 04955 RI-8
ATLANTA, GA 30302 Transit #: 06400004 [10]
</TABLE>
SCHEDULE RI-E-CONTINUED
<TABLE>
Dollar Amounts in Thousands
- ------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
7. Other transactions with parent holding company (from Schedule RI-A, item 13)
(itemize and describe all such transactions):
TEXT
RIAD Year-to-Date
---- ------------
a. 4498 4498 0 7.a
b. 4499 4499 0 7.b
1498 1499<-
S. Adjustments to allowance for credit losses (from Schedule RI-B, part 11, item 5)
(itemize and describe all adjustments):
TEXT
RIAD
----
a. 4521 4521 0 8.a
b. 4522 4522 0 8.b
9. Other explanations (the space below is provided for bank to briefly
describe, at its option, any other significant items affecting the Report of RIAD
X = NO COMMENT - Y = COMMENT _______________________________________________ 4769 [X]
Other explanations (please type or print clearly):
TEXT 4769 (70 characters per line)
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
<PAGE>
<S> <C> <C> <C>
SunTrust Bank, Nashville, N.A. Call Date: 12/31/1998 State #: 472100 FFIEC 031
P.O. BOX 4418 CENTER 632 Vendor ID: D Cert #: 04955 RC-1
ATLANTA, GA 30302 Transit #: 06400004 [11]
</TABLE>
CONSOLIDATED REPORT OF CONDITION FOR INSURED COMMERCIAL
AND STATE-CHARTERED SAVINGS BANKS FOR DECEMBER 31, 1998
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.
SCHEDULE RC - BALANCE SHEET
C400<-
<TABLE>
Dollar Amounts in Thousands
- -----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
ASSETS
1. Cash and balances due from depository institutions RCF
(from Schedule RC-A): ---
a. Noninterest-bearing balances and currency and coin (1) 0081 291,527 1.a
b. Interest-bearing balances (2) 0071 2,152 1.b
2. Securities:
a. Held-to-maturity securities (from Schedule RC-B, column A) 1754 0 2.a
b. Available-for-sale securities (from Schedule RC-B, column D) 1773 547,252 2.b
3. Federal funds sold and securities purchased under agreements to
resell 1350 261,000 3
4. Loans and lease financing receivables: RCF
---
a. Loans and leases, net of unearned income (from Schedule RC-C) 2122 3,531,062 4.a
b. LESS: Allowance for loan and lease losses 3123 46,400 4.b
c. LESS: Allocated transfer risk reserve 3128 0 RCF 4.c
d. Loans and leases, net of unearned income, allowance, ---
and reserve (item 4.a minus 4.b and 4.c) 2125 3,484,662 4.d
5. Trading assets (from Schedule RC-D) 3545 0 5.
6. Premises and fixed assets (including capitalized leases) 2145 32,757 6.
7. Other real estate owned (from Schedule RC-M) 2150 4,419 7.
8. Investments in unconsolidated subsidiaries and associated
companies (from Schedule RC-M) 2130 5,241 8.
9. Customers' liability to this bank on acceptances outstanding 2156 519 9.
10. Intangible assets (from Schedule RC-M) 2143 0 10.
11. Other assets (from Schedule RC-F) 2160 36,252 11.
12. Total assets (sum of items 1 through 11) 2170 4,665,781 12
- ---------------
(1) Includes cash items in process of collection and unposted debits.
(2) Includes time certificates of deposit not held for trading.
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C>
SunTrust Bank, Nashville, N.A. Call Date: 12/31/1998 State #: 472100 FFIEC 031
P.O. BOX 4418 CENTER 632 Vendor ID: 0 Cert #: 04955 RC-2
ATLANTA, GA 30302 Transit #: 06400004 [12]
</TABLE>
SCHEDULE RC - CONTINUED
<TABLE>
Dollar Amounts in Thousands
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
LIABILITIES
13. Deposits: RCON
a. In domestic offices (sum of totals of columns A and C ----
from Schedule RC-E, part I) CON 2200 2,838,856 13.a
---
(1) Noninterest-bearing (1) 6631 830,717 13.a.1
(2) Interest-bearing 6636 2,208,139 13.a.2
RCF
b. In foreign offices, Edge and Agreement subsidiaries, and IBFs ---
(from Schedule RC-E, part II) RCF 2200 214,568 13.b
---
(1) Noninterest-bearing 6631 0 13.bl
(2) Interest-bearing 6636 214,568 RCF 13.b2
14. Federal funds purchased and securities sold under agreements ---
to repurchase 2800 1,018,221 14
RCON
----
15. a. Demand notes issued to the U.S. Treasury 2840 0 15.a
RCFD
----
b. Trading liabilities (from Schedule RC-D) 3548 0 15.b
16. Other borrowed money (includes mortgage indebtedness and
obligations under capitalized leases):
a. With a remaining maturity of one year or less 2832 120,035 16.a
b. With a remaining maturity of more than one year through
three years A547 27,932 16.b
c. With a remaining maturity of more than three years A548 50,000 16.c
17. Not applicable
18. Bank's liability on acceptances executed and outstanding 2820 519 18
19. Subordinated notes and debentures(2) 3200 0 19
20. Other liabilities (from Schedule RC-G) 2930 31,215 20
21. Total liabilities (sum of items 13 through 20) 2948 4,301,382 21
22. Not applicable
EQUITY CAPITAL
23. Perpetual preferred stock and related surplus 3838 0 23
24. Common stock 3230 25,000 24
25. Surplus (exclude all surplus related to preferred stock) 3839 73,296 25
26. a. Undivided profits and capital reserves 3632 264,736 26.a
b. Net unrealized holding gains (losses) on available-for-sale
securities 8434 1,367 26.b
27. Cumulative foreign currency translation adjustments 3284 0 27
28. Total equity capital (sum of items 23 through 27) 3210 364,399 28
29. Total liabilities and equity capital (sum of items 21 and 28) 3300 4,665,781 29
MEMORANDUM
TO BE REPORTED ONLY WITH THE MARCH REPORT OF CONDITION.
1. Indicate in the box at the right the number of the statement
below that best describes the most comprehensive level of RCF Number
auditing work performed for the bank by independent external ---
auditors as of any date during 1997 6724 N/A M.1
1 = Independent audit of the bank conducted in accordance with generally
accepted auditing standards by a certified public accounting firm which
submits a report on the bank
2 = Independent audit of the bank's parent holding company conducted in
accordance with generally 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 accordance with
generally accepted auditing standards by a certified public accounting
firm (may be required by state chartering authority)
4 = Directors' examination of the bank performed by other external auditors
(may be required by state chartering authority)
5 = Review of the bank's financial statements by external auditors
6 = Compilation of the bank's financial statements by external auditors
7 = Other audit procedures (excluding tax preparation work)
8 = No external audit work
- ----------
(1) Includes total demand deposits and noninterest-bearing time and savings
deposits.
(2) Includes limited-life preferred stock and related surplus.
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C> <C>
SunTrust Bank, Nashville, N.A. Call Date: 12/31/1998 State #: 472100 FFIEC 031
P.O. BOX 4418 CENTER 632 Vendor ID: D Cert #: 04955 RC-3
ATLANTA, GA 30302 Transit #: 06400004 [13]
</TABLE>
SCHEDULE RC-A - CASH AND BALANCES DUE FROM DEPOSITORY INSTITUTIONS
Exclude assets held for trading.
C405<-
<TABLE>
Dollar Amounts in Thousands
- ------------------------------------------------------------------------------------------------------------------------------
(Column A) (Column B)
Consolidated Domestic
Bank Offices
<S> <C> <C> <C> <C> <C>
RCF CON
--- ---
1. Cash items in process of collection, unposted debits, and currency and
coin 0022 287,745 1
a. Cash items in process of collection and unposted debits 0020 247,524 1.a
b. Currency and coin 0080 40,221 1.b
2. Balance due from depository institutions in the U.S. 0082 5,934 2
a. U.S. branches and agencies of foreign banks (including their IBFs) 0083 0 2.a
b. Other commercial banks in the U.S. and other depository institutions
in the U.S. (including their IBFs) 0085 5,934 2.b
3. Balances due from banks in foreign countries and foreign central banks 0070 0 3
a. Foreign branches of other U.S. banks 0073 0 3.a
b. Other banks in foreign countries and foreign central banks 0074 0 3.b
4. Balances due from Federal Reserve Banks 0090 0 0090 0 4
5. Total (sum of items 1 through 4) (total of column A must equal
Schedule RC, sum of items 1.a and 1.b) 0010 293,679 0010 293,679 5
</TABLE>
MEMORANDUM
<TABLE>
Dollar Amounts in Thousands
- ------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
RCON
----
1. Noninterest-bearing balances due from commercial banks in the U.S. (included in item 2,
column B above) 0050 3,782 M.1
</TABLE>
Schedule RC-B - Securities
Exclude assets held for trading.
<TABLE>
<CAPTION>
C410<-
Dollar Amounts in Thousands
- ------------------------------------------------------------------------------------------------------------------------------
Held to maturity Available for sale
--------------------------- ------------------------------
(Column A) (Column B) (Column C) (Column D)
Amortized Cost Fair Value Amortized Cos Fair Value(l)
RCF RCF RCF RCF
--- --- --- ---
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1. U.S. Treasury securities 0211 0 0213 0 1286 64,822 1287 67,005 1
2. U.S. Government agency obligations
(exclude mortgage-backed securities):
a. Issued by U.S. Government agencies (2) 1289 0 1290 0 1291 0 1293 0 2.a
b. Issued by U.S. Government-sponsored
agencies (3) 1294 0 1295 0 1297 26,102 1298 26,488 2.b
<FN>
- ------------
(1) Includes equity securities without readily determinable fair values at
historical cost in item 6.b, column D.
(2) Includes Small Business Administration 'Guaranteed Loan Pool
Certificates,' U.S. Maritime Administration obligations, and Export -
Import Bank participation certificates.
(3) Includes obligations (other than mortgage-backed securities) issued by the
Farm Credit System, the Federal Home Loan Bank System, the Federal Home
Loan Mortgage Corporation, the Federal National Mortgage Association, the
Financing Corporation, Resolution Funding Corporation, the Student Loan
Marketing Association, and the Tennessee Valley Authority.
</FN>
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C>
SunTrust Bank, Nashville, N.A. Call Date: 12/31/1998 State #: 472100 FFIEC 031
P.O. BOX 4418 CENTER 632 Vendor ID: D Cert #: 04955 RC-4
ATLANTA, GA 30302 Transit #: 06400004 (14)
</TABLE>
SCHEDULE RC-B - CONTINUED
<TABLE>
<CAPTION>
Dollar Amounts in Thousands
- ---------------------------------------------------------------------------------------------------------------------------
Held to maturity Available for sale
--------------------------- --------------------------------
(Column A) (Column B) (Column C) (Column D)
Amortized Cost Fair Value Amortized Cost Fair Value(l)
RCF RCF RCF RCF
--- --- --- ---
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
3. Securities issued by states and political
subdivisions in the U.S.
a. General obligations 1676 0 1677 0 1678 39,549 1679 40,391 3.a
b. Revenue obligations 1681 0 1686 0 1690 6,595 1691 6,692 3.b
c. Industrial development
and similar obligations 1694 0 1695 0 1696 0 1697 0 3.c
4. Mortgage-backed securities (MBS):
a. Pass-through securities:
(1) Guaranteed by GNMA 1698 0 1699 0 1701 27,101 1702 27,367 4.a.1
(2) Issued by FNMA and FHLMC 1703 0 1705 0 1706 25,030 1707 25,491 4.a.2
(3) Other pass-through securities 1709 0 1710 0 1711 0 1713 0 4.a.3
b. Other mortgage-backed securities
(include (CMOs, REMICs and stripped MBS):
RCF RCF RCF RCF
--- --- --- ---
(1) Issued or guaranteed by FNMA,
FHLMC, or GNMA 1714 0 1715 0 1716 337,933 1717 335,826 4.b.1
(2) Collateralized by MBS issued or guaranteed
by FNMA, FHLMC, or GNMA 1718 0 1719 0 1731 0 1732 0 4.b.2
(3) All other mortgage-backed securities 1733 0 1734 0 1735 0 1736 4.b.3
5. Other debt securities:
a. Other domestic debt securities 1737 0 1738 0 1739 250 1741 250 5.a
b. Foreign debt securities 1742 0 1743 0 1744 150 1746 150 5.b
RCF RCF
--- ---
6. Equity securities:
a. Investments in mutual funds and
other equity securities with
readily determinable fair values A510 1,365 A511 1,365 6.a
b. All other equity securities(l) 1752 16,227 1753 16,227 6.b
7. Total (sum of items 1 through 6) (total of Column A must
equal Schedule RC item 2.a) (total of column D must equal
Schedule RC, item 2.b)
RCF RCF RCF RCF
--- --- --- ---
1754 0 1771 0 1772 545,124 1773 547,252 7
<FN>
- ------------
(1) Includes equity securities without readily determinable fair values at
historical cost in item 6.b, column D.
</FN>
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C>
SunTrust Bank, Nashville, N.A. Call Date: 12/31/1998 State #: 472100 FFIEC 031
P.O. BOX 4418 CENTER 632 Vendor ID: D Cert #: 04955 RC-5
ATLANTA, GA 30302 Transit #: 06400004 (15)
</TABLE>
SCHEDULE RC-B - CONTINUED
C412<-
<TABLE>
<CAPTION>
MEMORANDA Dollar Amounts in Thousands
- -----------------------------------------------------------------------------------------------------
RCF
---
<S> <C> <C> <C>
1. Pledged securities(2) 0416 204,338 M.1
2. Maturity and repricing data for debt securities
(1,2)(excluding those in nonaccrual status):
a. Securities issued by the U.S. Treasury, U.S. Government
agencies, and states and political subdivisions in the U.S.;
other non-mortgage debt securities; and mortgage pass-through
securities other than those backed by closed-end first
lien 1-4 family residential mortgages with a remaining
maturity or repricing frequency of: (3,4)
RCF
---
(1) Three months or less A549 28,297 M.2.al
(2) Over three months through 12 months A550 23,223 M.2.a2
(3) Over one year through three years A551 43,575 M.2.a3
(4) Over three years through five years A552 35,314 M.2.a4
(5) Over five years through 15 years A553 9,122 M.2.a5
(6) Over 15 years A554 1,445 M.2.a6
b. Mortgage pass-through securities backed by closed-end
first lien 1-4 family residential mortgages with a
remaining maturity or repricing frequency of: (3,5)
(1) Three months or less A555 17,802 M.2.bl
(2) Over three months through 12 months A556 27,161 M.2.b2
(3) Over one year through three years A557 3,873 M.2.b3
(4) Over three years through five years A558 229 M.2.b4
(5) Over five years through 15 years A559 984 M.2.b5
(6) Over 15 years A560 2,799 M.2.b6
c. Other mortgage-backed securities (include CMOs,
REMICs, and stripped MBS; exclude mortgage pass-through
securities) with an expected average life of: (6)
(1) Three years or less A561 237,745 M.2.cl
(2) Over three years A562 98,081 M.2.c2
d. Fixed rate AND floating rate debt securities with a
REMAINING MATURITY of one year or less (included in
Memorandum items 2.a through 2.c above) A248 50,522 M.2.d
3.-6. Not applicable
7. Amortized cost of held-to-maturity securities sold or
transferred to available-for-sale or trading securities
during the calendar year-to-date (report the amortized
cost at date of sale or transfer) 1778 0 M.7
8. High-risk mortgage securities (included in the held-to-maturity
and available-for-sale accounts in Schedule RC-B, item 4.b):
a. Amortized cost 8780 0 M.8.a
b. Fair value 8781 0 M.8.b
9. Structured notes (included in the held-to-maturity and
available-for-sale accounts in Schedule RC-B, items 2,
3, and 5):
a. Amortized cost 8782 0 M.9.a
b. Fair value 8783 0 M.9.b
<FN>
- ------------
(1) Include held-to-maturity securities at amortized cost and available-for-
sale securities at fair value.
(2) Exclude equity securities, e.g., investments in mutual funds, Federal
Reserve stock, common stock, and preferred stock.
(3) Report fixed rate debt securities by remaining maturity and floating rate
debt securities by repricing frequency.
(4) Sum of Memorandum items 2.a.(1) through 2.a.(6) plus any nonaccrual debt
securities in the categories of debt securities reported in Memorandum
item 2.a that are included in Schedule RC-N, item 9, column C, must equal
Schedule RC-B, sum of items 1, 2, 3 and 5, columns A and D, plus mortgage
pass-through securities other than those backed by closed-end first lien
1-4 family residential mortgages included in Schedule RC-B, item 4.a,
columns A and D.
(5) Sum of Memorandum items 2.b.(1) through 2.b.(6) plus any nonaccrual
mortgage pass-through securities backed by closed-end first lien 1-4
family residential mortgages included in Schedule RC-N, item 9, column C,
must equal Schedule RC-B, item 4.a, sum of columns A and D, less the
amount of mortgage pass-through securities other than those backed by
closed-end first lien 1-4 family residential mortgages included in
Schedule RC-B, item 4.a, columns A and D.
(6) Sum of Memorandum items 2.c.(1) and 2.c.(2) plus any nonaccrual "Other
mortgage-backed securities" included in Schedule RC-N, item 9, column C,
must equal Schedule RC-B, item 4.b, sum of columns A and D.
</FN>
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C>
SunTrust Bank, Nashville, N.A. Call Date: 12/31/1998 State #: 472100 FFIEC 031
P.O. BOX 4418 CENTER 632 Vendor ID: D Cert #: 04955 RC-6
ATLANTA, GA 30302 Transit #: 06400004 (16)
</TABLE>
SCHEDULE RC-C - LOANS AND LEASE FINANCING RECEIVABLES
PART I. LOANS AND LEASES
Do not deduct the allowance for loan and lease losses from amounts reported in
this schedule. Report total loans and leases, net of unearned income. Exclude
assets held for trading and commercial paper.
C415 <-
<TABLE>
<CAPTION>
Dollar Amounts in Thousands
- --------------------------------------------------------------------------------------------------------------------
--(Column A)-- --(Column B)--
Consolidated Domestic
RCF Bank Offices
--- ------------ ----------
<S> <C> <C> <C> <C> <C>
1. Loans secured by real estate 1410 1,151,800 CON 1
---
a. Construction and land development 1415 45,714 1.a
b. Secured by farmland (including farm residential
and other improvements) 1420 1,925 1.b
c. Secured by 1-4 family residential properties:
(1) Revolving, open-end loans secured by 1-4 family
residential properties and extended under lines
of credit 1797 78,009 1.c.1
(2) All other loans secured by 1-4 family residential
properties
(a) Secured by first liens 5367 627,327 1.c.2a
(b) Secured by junior liens 5368 17,760 1.c.2b
d. Secured by multifamily (5 or more) residential properties 1460 5,811 1.d
e. Secured by nonfarm nonresidential properties 1480 375,254 1.e
2. Loans to depository institutions:
a. To commercial banks in the U.S. 1505 127,583 2.a
(1) To U.S. branches and agencies of foreign banks 1506 0 2.al
(2) To other commercial banks in the U.S. 1507 127,593 2.a2
b. To other depository institutions in the U.S. 1517 0 1517 0 2.b
c. To banks in foreign countries 1510 0 2.c
(1) To foreign branches of other U.S. banks 1513 0 2.cl
(2) To other banks in foreign countries 1516 0 2.c2
3. Loans to finance agricultural production and other
loans to farmers 1590 11,875 1590 11,875 3.
4. Commercial and industrial loans:
a. To U.S. addressees (domicile) 1763 1,403,497 1763 1,403,497 4.a
b. To non-U.S. addressees (domicile) 1764 0 1764 0 4.b
5. Acceptances of other banks:
a. Of U.S. banks 1756 0 1756 0 5.a
b. Of foreign banks 1757 0 1757 0 5.b
6. Loans to individuals for household, family, and other
personal expenditures (i.e., consumer loans) (includes
purchased paper) 1975 427,964 6
a. Credit cards and related plans (includes check
credit and other revolving credit plans) 2008 372 6.a
b. Other (includes single payment, installment,
and all student loans) 2011 427,592 6.b
7. Loans to foreign government and official institutions
(including foreign central banks) 2081 0 2081 0 7
8. Obligations (other than securities and leases) of states
and political subdivisions in the U.S. 2107 80,381 2107 80,381 8
9. Other loans 1563 188,586 9
a. Loans for purchasing or carrying securities
(secured and unsecured) 1545 65,360 9.a
b. All other loans (exclude consumer loans) 1564 123,226 9.b
10. Lease financing receivables (net of unearned income) 2165 139,366 10
a. Of U.S. addressees (domicile) 2182 139,366 10.a
b. Of non-U.S. addressees (domicile) 2183 0 10.b
11. LESS: Any unearned income on loans reflected in
items 1-9 above 2123 0 2123 0 11.
12. Total loans and leases, net of unearned income (sum
of items 1 through 10 minus item 11) (total of column A
must equal Schedule RC, item 4.a) 2122 3,631,062 2122 3,631,062 12
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C>
SunTrust Bank, Nashville, N.A. Call Date: 12/31/1998 State #: 472100 FFIEC 031
P.O. BOX 4418 CENTER 632 Vendor ID: D Cert #: 04955 RC-7
ATLANTA, GA 30302 Transit #: 06400004 (17)
</TABLE>
SCHEDULE RC-C - CONTINUED
PART I. CONTINUED
<TABLE>
<CAPTION>
MEMORANDA Dollar Amounts in Thousands
- ------------------------------------------------------------------------------------------------------------------------
RCF
---
<S> <C> <C> <C>
1. Not applicable
2. Loans and Leases restructured and in compliance with modified terms
(included in Schedule RC-C, part I, above and not reported as past due or
nonaccrual in Schedule RC-N, Memorandum item 1):
a. Loans secured by real estate:
(1) To U.S. addressees (domicile) 1687 0 M.2.a.1
(2) To non-U.S. addressees (domicile) 1689 0 M.2.a.2
b. All other loans and lease financing receivables (exclude loans to
individuals for household, family, and other personal expenditures) 8691 M.2.b
c. Commercial and industrial loans to and lease financing receivables
of non-U.S. addressees (domicile) included in Memorandum item 2.b
above 8692 M.2.c
3. Maturity and repricing data for loans and leases (excluding those in
nonaccrual status):
a. Closed-end loans secured by first liens on 1-4 family residential
properties in domestic offices (reported in Schedule RC-C, part I, item
1.c.(2)(a), column B) with a remaining maturity or repricing frequency
of: (1, 2)
RCON
----
(1) Three months or less A564 44,861 M.3.al
(2) Over three months through 12 months A565 99,560 M.3.a2
(3) Over one year through three years A566 199,597 M.3.a3
(4) Over three years through five years A567 201,429 M.3.a4
(5) Over five years through 15 years A568 57,814 M.3.a5
(6) Over 15 years A569 22,167 M.3.a6
b. All loans and leases (reported in Schedule RC-C, part I, items 1 through
10, column A) EXCLUDING closed-end loans secured by first liens on 1-4
family residential properties in domestic offices (reported in Schedule
RC-C, part I item 1.c.(2)(a), column B) with a remaining maturity or
repricing frequency of: (1,3)
RCF
---
(1) Three months or less A570 1,921,426 M.3.bl
(2) Over three months through 12 months A571 238,223 M.3.b2
(3) Over one year through three years A572 242,912 M.3.b3
(4) Over three years through five years A573 312,523 M.3.b4
(5) Over five years through 15 years A574 186,117 M.3.b5
(6) Over 15 years A575 0 M.3.b6
c. Fixed rate AND floating rate loans and leases (reported in Schedule RC-C,
part I, items 1 through 10, column A) with a REMAINING MATURITY of one
year or less A247 1,426,833 M.3.c
RCON
----
d. Fixed rate AND floating rate loans secured by nonfarm nonresidential
properties in domestic offices (reported in Schedule RC-C, part I, item
1.e, column B) with a REMAINING MATURITY of over five years 5771 107,600 M.3.d
RCFD
e. Fixed rate AND floating rate commercial and industrial loans (reported ----
in Schedule RC-C part I, Item 4, column A) with a REMAINING MATURITY
of over three years A578 240,346 M.3.e
<FN>
- ------------
(1) Report fixed rate loans and leases by remaining maturity and floating rate
loans by repricing frequency.
(2) Sum of Memorandum items 3.a.(1) through 3.a.(6) plus total nonaccrual
closed-end loans secured by first liens on 1-4 family residential
properties included in Schedule RC-N, Memorandum item 3.c.(2), column C,
must equal total closed-end loans secured by first liens on 1-4 family
residential properties from Schedule RC-C, part I, item 1.c.(2)(a), column
B.
(3) Sum of Memorandum items 3.b.(1) through 3.b.(6) plus total nonaccrual loans
and leases from Schedule RC-N, sum of items 1 through 8, column C, minus
nonaccrual closed-end loans secured by first liens on 1-4 family
residential properties in domestic offices included in Schedule RC-N,
Memorandum item 3.c.(2), column C, must equal total loans and leases from
Schedule RC-C, Part I, sum or items 1 through 10, column A, minus total
closed-end loans secured by first liens on 1-4 family residential
properties in domestic offices from Schedule RC-C, part I, item 1.c.(2)(a),
column B.
</FN>
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C>
SunTrust Bank, Nashville, N.A. Call Date: 12/31/1998 State #: 472100 FFIEC 031
P.O. BOX 4418 CENTER 632 Vendor ID: D Cert #: 04955 RC-8
ATLANTA, GA 30302 Transit #: 06400004 (18)
</TABLE>
SCHEDULE RC-C - CONTINUED
PART I. CONTINUED
<TABLE>
<CAPTION>
MEMORANDA Dollar Amounts in Thousands
- ------------------------------------------------------------------------------------------------------------------------
RCF
---
<S> <C> <C> <C>
4. Loans to finance commercial real estate, construction, and land development
activities (not secured by real estate) included in
Schedule RC-C, part I, items 4 and 9, column A, page RC-6 (1) 2746 58,859 M.4
5. Loans and leases held for sale (included in Schedule RC-C, part I, page RC-6) 5369 29,084 M.5
RCON
----
6. Adjustable rate closed-end loans secured by first liens on 1-4 family
residential properties in domestic offices (included in Schedule RC-C,
part I, item 1.c.(2)(a), column B, page RC-6) 5370 463,777 M.6
<FN>
- ------------
(1) Exclude loans secured by real estate that are included in Schedule RC-C,
part I, item l, column A.
</FN>
</TABLE>
SCHEDULE RC-D - TRADING ASSETS AND LIABILITIES
Schedule RC-D is to be completed by banks with $1 billion or more in total
assets or with $2 billion or more in par/notional amount of off-balance sheet
derivative contracts (as reported in Schedule-RC-L, items 14.a through 14.e,
columns A through D).
C420 <-
<TABLE>
<CAPTION>
MEMORANDA Dollar Amounts in Thousands
- ------------------------------------------------------------------------------------------------------------------------
RCON
----
<S> <C> <C> <C>
ASSETS
1. U.S. Treasury securities in domestic offices 3531 0 1
2. U.S. Government agency obligations in domestic offices (exclude mortgage-
backed securities) 3532 0 2
3. Securities issued by states and political subdivisions in the U.S. in
domestic offices 3533 0 3
4. Mortgage-backed securities (MBS) in domestic offices:
a. Pass-through securities issued or guaranteed by FNMA, FHLMC, or GNMA 3534 0 4.a
b. Other mortgage-backed securities issued or guaranteed by FNMA, FHLMC,
or GNMA (include CMOs, REMICs, and stripped MBS) 3535 0 4.b
c. All other mortgage-backed securities 3536 0 4.c
5. Other debt securities in domestic offices 3537 0 5
6.-8. Not applicable
9. Other trading assets in domestic offices 3541 0 9
RCFN
----
10. Trading assets in foreign offices 3542 0 10
11. Revaluation gains on interest rate, foreign exchange rate, and other
commodity and equity contracts:
RCON
----
a. In domestic offices 3543 0 11.a
RCFN
----
b. In foreign offices 3543 0 11.b
RCFD
----
12. Total trading assets (sum of items 1 through 11) (must equal Schedule RC,
item 5) 3545 0 12
RCFD
----
LIABILITIES
13. Liability for short positions 3546 0 13
RCFD
----
14. Revaluation losses on interest rate, foreign exchange rate, and other
commodity and equity contracts 3547 0 14
15. Total trading liabilities (sum of items 13 and 14) (must equal Schedule RC,
item 15.b) 3548 0 15
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C>
SunTrust Bank, Nashville, N.A. Call Date: 12/31/1998 State #: 472100 FFIEC 031
P.O. BOX 4418 CENTER 632 Vendor ID: D Cert #: 04955 RC-9
ATLANTA, GA 30302 Transit #: 06400004 (19)
</TABLE>
SCHEDULE RC-E - DEPOSIT LIABILITIES
Part I. Deposits in Domestic Offices
C425 <-
<TABLE>
<CAPTION>
-Nontransaction-
-Transaction Accounts- Accounts
--------------------------------- --------------
(Column A) (Column B) (Column C)
Total Memo: Total Total
Transaction Demand nontransaction
Dollar Amounts in Thousands accounts Deposits Accounts
--------------------------- (including total (included in (including
demand deposits) column A) MMDAs)
RCON CON CON
---- --- ----
<S> <C> <C> <C> <C> <C> <C> <C>
DEPOSITS OF:
1. Individuals, partnerships and corporations 2201 566,156 2240 483,156 2346 2,124,830 1
2. U.S. Government 2202 8,098 2280 8,098 2520 0 2
3. States and political subdivisions in the U.S. 2203 84,537 2290 5,527 2530 17,833 3
4. Commercial banks in the U.S. 2206 31,235 2310 31,235 2550 0 4
5. Other depository institutions in the U.S. 2207 0 2312 0 2349 0 5
6. Banks in foreign countries 2213 0 2320 0 2236 0 6
7. Foreign governments, and official institutions
(including foreign central banks) 2216 0 2300 0 2377 0 7
8. Certified and official checks 2330 6,167 2330 6,167 8
9. Total (sum of items 1 through 8) (sum of
columns A and C must equal Schedule RC,
item 13.a) 2215 696,193 2210 534,183 2385 2,142,663 9
</TABLE>
<TABLE>
<CAPTION>
Memoranda Dollar Amounts in Thousands
- --------- ---------------------------
RCON
----
<S> <C> <C> <C>
1. Selected components of total deposits (i.e., sum of item 9, columns A and C):
a. Total Individual Retirement Accounts (IRAs) and Keogh Plan accounts 6835 116,762 M.1.a
b. Total brokered deposits 2365 0 M.1.b
c. Fully insured brokered deposits (included in Memorandum item 1.b above):
(1) Issued in denominations of less than $100,000 2343 0 M.1.c1
(2) Issued either in denominations of $100,000 or in denominations greater than
$100,000 and participated out by the broker in shares of $100,000 or less 2344 0 M.1.c2
d. Maturity data for brokered deposits:
(1) Brokered deposits issued in denominations of less than $100,000 with
a remaining maturity of one year or less (included in Memorandum item 1.c.(1) above) A243 0 M.1.d1
(2) Brokered deposits issued in denominations of $100,000 or more with a remaining
maturity of one year or less (included in Memorandum item 1.b above) A244 0 M.1.d2
e. Preferred deposits (uninsured deposits of states and political subdivisions in the U.S.
reported in item 3 above which are secured or collateralized as required under state law)
(to be completed for the December report only) 5590 83,749 M.1.e
2. Components of total nontransaction accounts (sum of Memorandum items 2.a through 2.c
must equal item 9, column C, above)
RCON
----
a. Savings deposits:
(1) Money market deposit accounts (MMDAs) 6810 1,275,994 M.2.al
(2) Other savings deposits (excludes MMDAs) 0352 162,976 M.2.a2
b. Total time deposits of less than $100,000 6648 447,803 M.2.b
c. Total time deposits of $100,000 or more 2604 255,890 M.2.c
3. All NOW accounts (included in column A above) 2398 162,010 M.3
4. Not applicable
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C>
SunTrust Bank, Nashville, N.A. Call Date: 12/31/1998 State #: 472100 FFIEC 031
P.O. BOX 4418 CENTER 632 Vendor ID: D Cert #: 04955 RC-10
ATLANTA, GA 30302 Transit #: 06400004 (20)
</TABLE>
SCHEDULE RC-E - CONTINUED
Part I. Continued
<TABLE>
<CAPTION>
Memoranda (continued) Dollar Amounts in Thousands
- --------------------- ---------------------------
RCON
----
<S> <C> <C> <C>
5. Maturity and repricing data for time deposits of less than $100,000:
a. Time deposits of less than $100,000 with a remaining maturity or repricing
frequency of: (1, 2)
(1) Three months or less A579 181,407 M.5.al
(2) Over three months through 12 months A580 208,264 M.5.a2
(3) Over one year through three years A581 45,126 M.5.a3
(4) Over three years A582 13,006 M.5.a4
b. Fixed rate AND floating rate time deposits of less than $100,000 with a
REMAINING MATURITY of one year or less (included in Memorandum items
5.a.(1) through 5.a.(4) above) A241 387,955 M.5.b
6. Maturity and repricing data for time deposits of $100,000 or more:
a. Time deposits of $100,000 or more with a remaining maturity or repricing
frequency of: (1, 3)
(1) Three months or less A584 89,763 M.6.al
(2) Over three months through 12 months A585 136,290 M.6.a2
(3) Over one year through three years A586 26,119 M.6.a3
(4) Over three years A587 3,718 M.6.a4
b. Fixed rate AND floating rate time deposits of $100,000 or more with a
REMAINING MATURITY of one year or less (included in Memorandum items
6.a.(1) through 6.a.(4) above) A242 223,489 M.6.b
<FN>
- ------------
(1) Report fixed rate time deposits by remaining maturity and floating rate
time deposits by repricing frequency
(2) Sum of Memorandum items 5.a.(1) through 5.a.(4) must equal Schedule RC-E
Memorandum item 2.b above.
(3) Sum of Memorandum items 6.a.(l) through 6.a.(4) must equal Schedule RC-E
Memorandum item 2.c above.
</FN>
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C>
SunTrust Bank, Nashville, N.A. Call Date: 12/31/1998 State #: 472100 FFIEC 031
P.O. BOX 4418 CENTER 632 Vendor ID: D Cert #: 04955 RC-11
ATLANTA, GA 30302 Transit #: 06400004 (21)
</TABLE>
SCHEDULE RC-E - CONTINUED
PART II. Deposits in Foreign Offices (including Edge and
Agreement Subsidiaries and IBFs)
<TABLE>
<CAPTION>
Deposits of: Dollar Amounts in Thousands
- ------------ ---------------------------
RCF
---
<S> <C> <C> <C>
1. Individuals, partnerships, and corporations 2621 214,568 1
2. U.S. banks (including IBFs and foreign branches of U.S. banks) 2623 0 2
3. Foreign banks (including U.S. branches and agencies of foreign
banks, including their IBFs) 2625 0 3
4. Foreign governments and official institutions (including
foreign central banks) 2650 0 4
5. Certified and official checks 2330 0 5
6. All other deposits 2668 0 6
7. Total (sum of items 1 through 6) (must equal Schedule
RC, item 13.b) 2200 214,568 7
</TABLE>
<TABLE>
<CAPTION>
Memorandum Dollar Amounts in Thousands
- ---------- ---------------------------
RCF
---
<S> <C> <C> <C>
1. Time deposits with a remaining maturity of one
year or less (included in Part II, item 7 above) A245 214,568 M.1
</TABLE>
SCHEDULE RC-F - OTHER ASSETS
C430 <-
<TABLE>
<CAPTION>
Dollar Amounts in Thousands
---------------------------
RCF
---
<S> <C> <C> <C> <C> <C>
1. Income earned, not collected on loans 2164 20,479 1.
2. Net deferred tax assets (1) 2148 776 2.
3. Interest-only strips receivable (not in the form of a
security)(2) on:
a. Mortgage loans A519 0 3.a
b. Other financial assets A520 0 3.b
4. Other (itemize and describe amounts that exceed 25%
of this item) 2168 14,997 4.
TEXT RCF
---
a. 3549 TRUST-ACCRUED INCOME 3549 4,770 4.a
b. 3550 SECURITIES-ACCRUED INCOME 3550 4,638 4.b
c. 3551 3551 0 RCF 4.c
---
5. Total (sum of items 1 through 4) (must equal Schedule
RC, item 11) 2160 36,252 5.
</TABLE>
<TABLE>
<CAPTION>
Memorandum Dollar Amounts in Thousands
- ---------- ---------------------------
RCF
---
<S> <C> <C> <C>
1. Deferred tax assets disallowed for regulatory
capital purposes 5610 0 M.1
</TABLE>
SCHEDULE RC-G - OTHER LIABILITIES
C435 <-
<TABLE>
<CAPTION>
Dollar Amounts in Thousands
---------------------------
RCON
----
<S> <C> <C> <C> <C> <C>
1. a. Interest accrued and unpaid on deposits 3645 7,604 1.a
in domestic offices(3) RCF
---
b. Other expenses accrued and unpaid (includes accrued
income taxes payable) 3648 18,778 1.b
2. Net deferred tax liabilities (1) 3049 0 2.
3. Minority interest in consolidated subsidiaries 3000 0 3.
4. Other (itemize and describe amounts that exceed 25%
of this item) 2938 4,869 4.
TEXT RCFD
----
a. 3552 I/C ACCTS PAYABLE-NB NI ST 3552 1,467 4.a
b. 3553 3553 0 4.b
C. 3554 3554 0 RCF 4.c
---
5. Total (sum of items 1 through 4) (must equal Schedule
RC, item 20) 2930 31,251 5.
<FN>
- ------------
(1) See discussion of deferred income taxes in Glossary entry on "income
taxes."
(2) Report interest-only strips receivable in the form of a security as
available-for sale securities in Schedule RC, item 2.b, or as trading
assets in Schedule RC, item 5, as appropriate.
(3) For savings banks, includes "dividends" accrued and unpaid on deposits.
</FN>
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C>
SunTrust Bank, Nashville, N.A. Call Date: 12/31/1998 State #: 472100 FFIEC 031
P.O. BOX 4418 CENTER 632 Vendor ID: D Cert #: 04955 RC-12
ATLANTA, GA 30302 Transit #: 06400004 (22)
</TABLE>
SCHEDULE RC-H - SELECTED BALANCE SHEET ITEMS FOR DOMESTIC OFFICES
C440 <-
<TABLE>
<CAPTION>
Dollar Amounts in Thousands
---------------------------
Domestic Offices
RCON
----
<S> <C> <C> <C>
1. Customers' liability to this bank on acceptances outstanding 2155 519 1
2. Bank's liability on acceptances executed and outstanding 2920 519 2
3. Federal funds sold and securities purchased under agreements
to resell 1350 261,000 3
4. Federal funds purchased and securities sold under agreements
to repurchase 2800 1,018,221 4
5. Other borrowed money 3190 197,967 5
EITHER
6. Net due from own foreign offices, Edge and Agreement
subsidiaries, and IBFs 2163 0 6
OR
7. Net due to own foreign offices, Edge and Agreement
subsidiaries, and IBFs 2941 214,685 7
8. Total assets (excludes net due from foreign offices, Edge
and Agreement subsidiaries, and IBFs) 2192 4,665,781 8
9. Total liabilities (excludes net due to foreign offices, Edge
and Agreement subsidiaries, and IBFs) 3129 4,086,697 9
IN ITEMS 10-17 REPORT THE AMORTIZED (HISTORICAL) COST OF
BOTH HELD-TO-MATURITY AND AVAILABLE-FOR-SALE SECURITIES IN
DOMESTIC OFFICES.
10. U.S. Treasury securities 1039 64,822 10
11. U.S. Government agency obligations (exclude mortgage-backed
securities) 1041 26,102 11
12. Securities issued by states and political subdivisions in the U.S. 1042 46,144 12
13. Mortgage-backed securities (MBS):
a. Pass-through securities:
(1) Issued or guaranteed by FNMA, FHLMC, or GNMA 1043 52,131 13.a.1
(2) Other pass-through securities 1044 0 13.a.2
b. Other mortgage-backed securities (include CMOs, REMICs, and stripped
MBS):
(1) Issued or guaranteed by FNMA, FHLMC, or GNMA 1209 337,933 13.b.1
(2) All other mortgage-backed securities 1280 0 13.b.2
14. Other domestic debt securities 1281 250 14
15. Foreign debt securities 1282 150 15
16. Equity securities:
a. Investments in mutual funds and other equity securities
with readily determinable fair values A510 1,365 16.a
b. All other equity securities 1752 16,227 16.b
17. Total amortized (historical) cost of both held-to-maturity
and available-for-sale securities (sum of items 10 through 16) 1374 545,124 17
</TABLE>
Memorandum
(to be completed only by banks with IBFs and other "foreign" offices)
<TABLE>
<CAPTION>
Dollar Amounts in Thousands
---------------------------
RCON
----
<S> <C> <C> <C>
1. Net due from the IBF of the domestic offices of the reporting bank 3051 0 M.1
OR
2. Net due to the IBF of the domestic offices of the reporting bank 3059 0 M.2
<PAGE>
<S> <C> <C> <C>
SunTrust Bank, Nashville, N.A. Call Date: 12/31/1998 State #: 472100 FFIEC 031
P.O. BOX 4418 CENTER 632 Vendor ID: D Cert #: 04955 RC-13
ATLANTA, GA 30302 Transit #: 06400004 (23)
</TABLE>
SCHEDULE RC-I - SELECTED ASSETS AND LIABILITIES OF IBFS
To be completed only by banks with IBFs and other "foreign" offices.
C445 <-
<TABLE>
<CAPTION>
Dollar Amounts in Thousands
---------------------------
RCF
---
<S> <C> <C> <C>
1. Total IBF assets of the consolidated bank (component of Schedule RC, item 12) 2133 0 1
2. Total IBF loans and lease financing receivables (component of Schedule RC-C, part I,
item 12, column A) 2076 0 2
3. IBF commercial and industrial loans (component of Schedule RC-C, part I, item 4,
column A) 2077 0 3
4. Total IBF liabilities (component of Schedule RC, item 21) 2898 0 4
5. IBF deposit liabilities due to banks, including other IBFs (component of Schedule RC-E,
part II, items 2 and 3) 2379 0 5
6. Other IBF deposit liabilities (component of Schedule RC-E, part II, items 1, 4, 5, and 6) 2381 0 6
</TABLE>
SCHEDULE RC-K - QUARTERLY AVERAGES (1)
C455 <-
<TABLE>
<CAPTION>
Dollar Amounts in Thousands
---------------------------
RCF
---
<S> <C> <C> <C>
ASSETS
1. Interest-bearing balances due from depository institutions 3381 1,857 1.
2. U.S. Treasury securities and U.S. Government agency obligations (2) 3382 454,624 2
3. Securities issued by states and political subdivisions in the U.S.(2) 3383 47,562 3.
4. a. Other debt securities (2) 3647 400 4.a
b. Equity securities (3) (includes investments in mutual funds and Federal
Reserve stock) 3648 17,588 4.b
5. Federal funds sold and securities purchased under agreements to resell 3365 349,769 5
6. Loans:
RCON
----
a. Loans in domestic offices:
(1) Total loans 3360 3,288,485 6.a.1
(2) Loans secured by real estate 3385 1,087,971 6.a.2
(3) Loans to finance agricultural production and other loans to farmers 3386 12,182 6.a.3
(4) Commercial and industrial loans 3387 1,588,433 6.a.4
(5) Loans to individuals for household, family, and other personal expenditures 3388 413,645 6.a.5
RCF
---
b. Total loans in foreign offices, Edge and Agreement subsidiaries, and IBFs 3360 0 6.b
RCF
---
7. Trading assets 3401 0 7.
8. Lease financing receivables (net of unearned income) 3484 138,200 8.
9. Total assets(4) 3388 4,559,971 9
RCON
----
LIABILITIES
10. Interest-bearing transaction accounts in domestic (NOW accounts, ATS
accounts, and telephone and preauthorized transfer accounts) (exclude demand
deposits) 3485 100,836 10
11. Nontransaction accounts in domestic offices:
a. Money market deposit accounts (MMDAs) 3486 1,275,118 11.a
b. Other savings deposits 3487 162,798 11.b
C. Time deposits of $100,000 or more A514 248,029 11.c
d. Time deposits of less than $100,000 A529 465,190 11.d
RCF
---
12. Interest-bearing deposits in foreign offices, Edge and Agreement subsidiaries,
and IBFs 3404 306,692 12
RCF
---
13. Federal funds purchased and securities sold under agreements to repurchase 3363 988,357 13
RCFD
----
14. Other borrowed money
(includes mortgage indebtedness and obligations under capitalized leases) 3355 156,818 14
<FN>
- ------------
(1) For all items, banks have the option of reporting either (1) an average of
daily figures for the quarter or (2) an average of weekly figures (i.e.,
the Wednesday of each week of the quarter).
(2) Quarterly averages for all debt securities should be based on amortized
cost.
(3) Quarterly averages for all equity securities should be based on historical
cost.
(4) The quarterly averages for total assets should reflect all debt securities
(not held for trading) at amortized cost, equity securities with readily
determinable fair values at the lower of cost or fair value, and equity
securities without readily determinable fair values at historical cost.
</FN>
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C>
SunTrust Bank, Nashville, N.A. Call Date: 12/31/1998 State #: 472100 FFIEC 031
P.O. BOX 4418 CENTER 632 Vendor ID: D Cert #: 04955 RC-14
ATLANTA, GA 30302 Transit #: 06400004 (24)
</TABLE>
SCHEDULE RC-L - OFF-BALANCE SHEET ITEMS
Please read carefully the instructions for the preparation of Schedule RC-L.
Some of the amounts reported in Schedule RC-L are regarded as volume indicators
and not necessarily as measures of risk.
C460<-
<TABLE>
<CAPTION>
Dollar Amounts in Thousands
---------------------------
<S> <C> <C> <C> <C> <C>
1. Unused commitments:
a. Revolving, open-end lines secured by 1-4 family residential RCF
properties, e.g., home equity lines --- 3814 129,059 1.a
b. Credit card lines 3815 0 1.b
c. Commercial real estate, construction, and land development:
(1) Commitments to fund loans secured by real estate 3816 67,427 1.c.1
(2) Commitments to fund loans not secured by real estate 6550 33,846 1.c.2
d. Securities underwriting 3817 0 1.d
e. Other unused commitments 3818 2,628,881 1.e
RCF
---
2. Financial standby letters of credit and foreign office guarantees 3819 413,923 2.
a. Amount of financial standby letters of credit conveyed to others 3820 118,448 2.a
3. Performance standby letters of credit and foreign office guarantees 3821 12,096 3.
a. Amount of performance standby letters of credit conveyed to others 3822 0 3.a
4. Commercial and similar letters of credit 3411 4,061 4.
5. Participations in acceptances (as described in the instructions) conveyed to
others by the reporting bank 3428 0 5
6. Participations in acceptances (as described in the instructions) acquired by
the reporting (nonaccepting) bank 3429 0 6.
7. Securities borrowed 3432 0 7.
8. Securities lent (including customers' securities lent where the customer is
indemnified against loss by the reporting bank) 3433 0 8
9. Financial assets transferred with recourse that have been treated as
sold for Call Report purposes:
RCF
---
a. First lien 1-to-4 family residential mortgage loans:
(1) Outstanding principal balance of mortgages transferred
as of the report date A521 0 9.a.1
(2) Amount of recourse exposure on these mortgages
as of the report date A522 0 9.a.2
b. Other financial assets (excluding small business obligations
reported in item 9.c):
(1) Outstanding principal balance of assets transferred
as of the report date A523 0 9.b.1
(2) Amount of recourse exposure on these assets
as of the report date A524 0 9.b.2
c. Small business obligations transferred with recourse under Section 208 of
the Reigle Community Development and Regulatory Improvement Act of 1994:
(1) Outstanding principal balance of small business obligations
transferred as of the report date A249 0 9.c.1
(2) Amount of retained recourse on these obligations as of the report date A250 0 9.c.2
10. Notional amount of credit derivatives:
a. Credit derivatives on which the reporting bank is the guarantor A534 0 10.a
b. Credit derivatives on which the reporting bank is the beneficiary A535 0 10.b
11. Spot foreign exchange contracts 8765 0 11
12. All other off-balance sheet liabilities (exclude off-balance sheet
derivatives) (itemize and describe each component of this item over 25% of
Schedule RC, item 28, "Total equity capital") 3430 0 12
TEXT
RCF
---
a. 3555 3555 0 12.a
b. 3556 3556 0 12.b
C. 3557 3557 0 12.c
d. 3558 3558 0 12.d
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C>
SunTrust Bank, Nashville, N.A. Call Date: 12/31/1998 State #: 472100 FFIEC 031
P.O. BOX 4418 CENTER 632 Vendor ID: D Cert #: 04955 RC-15
ATLANTA, GA 30302 Transit #: 06400004 (25)
</TABLE>
SCHEDULE RC-L - CONTINUED
<TABLE>
<CAPTION>
RCF
---
<S> <C> <C> <C> <C> <C>
13. All other off-balance sheet assets (exclude off-balance sheet derivatives)
(itemize and describe each component of this item over 25% Schedule RC
item 28, "Total equity capital") 5591 0 13
TEXT RCF
---
a. 5592 5592 0 13.a
b. 5593 5593 0 13.b
C. 5594 5594 0 13.c
d. 5595 5595 0 13.d
</TABLE>
<TABLE>
OFF-BALANCE SHEET Derivatives C461 <-
<CAPTION>
Position Indicators Dollar Amounts in Thousands
- --------------------------------------------------------------------------------------------------------------------------------
(Column A) (Column B) (Column C) (Column D)
Interest Foreign Equity Commodity
Rate Exchange Derivative and other
Contracts Contracts Contracts Contracts
---------- ---------- ---------- ----------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
14. Gross amounts (e.g., notional amounts)
(for each column sum of items 14.a
through 14.e must equal sum of items
15, 16.a and 16.b:
RCF RCF RCF RCF
--- --- --- ---
a. Futures contracts 8693 0 8694 0 8695 0 8696 0 14.a
b. Forward contracts 8697 0 8698 0 8699 0 8700 0 14.b
c. Exchange-traded option contracts:
(1) Written options 8701 0 8702 0 8703 0 8704 0 14.c1
(2) Purchased Options 8705 0 8706 0 8707 0 8708 0 14.c2
d. Over-the-counter options contracts:
(1) Written options 8709 0 8710 0 8711 0 8712 0 14.d1
(2) Purchased options 8713 0 8714 0 8715 0 8716 0 14.d2
e. Swaps 3450 33,000 3826 0 8719 0 8720 0 14.e
15. Total gross notional amount of
derivative contracts held for trading A126 0 A127 0 8723 0 8724 0 15
RCF RCF RCF RCF
--- --- --- ---
16. Total gross notional amount of derivative
contracts held for purposes other than
trading:
a. Contracts marked to market 8725 0 8726 0 8727 0 8728 0 16.a
b. Contracts not marked to market 8729 33,000 8730 0 8731 0 8732 0 16.b
c. Interest rate swaps where the bank RCON
has agreed to pay a fixed rate A589 0 16.c
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C>
SunTrust Bank, Nashville, N.A. Call Date: 12/31/1998 State #: 472100 FFIEC 031
P.O. BOX 4418 CENTER 632 Vendor ID: D Cert #: 04955 RC-16
ATLANTA, GA 30302 Transit #: 06400004 (26)
</TABLE>
SCHEDULE RC-L - CONTINUED
<TABLE>
OFF-BALANCE SHEET Derivatives
<CAPTION>
Position Indicators Dollar Amounts in Thousands
- --------------------------------------------------------------------------------------------------------------------------------
(Column A) (Column B) (Column C) (Column D)
Interest Foreign Equity Commodity
Rate Exchange Derivative and other
Contracts Contracts Contracts Contracts
---------- ---------- ---------- ----------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
17. Gross fair value of derivative contracts: RCF RCF RCF RCF
a. Contracts held for trading: --- --- --- ---
(1) Gross positive fair value 8733 0 8734 0 8735 0 8736 0 17.al
(2) Gross negative fair value 8737 0 8738 0 8739 0 8740 0 17.a2
b. Contracts held for purposes other than
trading that are marked to market:
(1) Gross positive fair value 8741 0 8742 0 8743 0 8744 0 17.bl
(2) Gross negative fair value 8745 0 8746 0 8747 0 8748 0 17.b2
c. Contracts held for purposes other than
trading that are not marked to market:
(1) Gross positive fair value 8749 149 8750 0 8751 0 8752 0 17.cl
(2) Gross negative fair value 8753 0 8754 0 8755 0 8756 0 17.c2
</TABLE>
<TABLE>
<CAPTION>
Memoranda Dollar Amounts in Thousands
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
RCF
---
1.-2. Not applicable
3. Unused commitments with an original maturity exceeding one year that are
reported in Schedule RC-L. items 1.a through 1.e. above (report only the
unused portions of commitments that are fee paid or otherwise legally binding) 3833 855,101 M.3
RCFD
----
a. Participations in commitments with an original maturity
exceeding one year conveyed to others 3834 470,752 M.3.a
RCF
---
4. To be completed only by banks with $1 billion or more in total assets:
Standby letters of credit and foreign office guarantees (both financial and
performance) issued to non-U.S. addressees (domicile) included in Schedule
RC-L, items 2 and 3, above 3377 0 M.4
5. Loans to individuals for household, family, and other personal expenditures
that have been securitized and sold (with servicing retained), amounts
outstanding by type of loan: RCF
a. Loans to purchase private passenger automobiles ---
(to be completed for the September report only) 2741 N/A M.5.a
b. Credit cards and related plans (TO BE COMPLETED QUARTERLY) 2742 0 M.5.b
c. All other consumer credit (including mobile home loans)
(to be completed for the September report only) 2743 N/A M.5.c
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C>
SunTrust Bank, Nashville, N.A. Call Date: 12/31/1998 State #: 472100 FFIEC 031
P.O. BOX 4418 CENTER 632 Vendor ID: D Cert #: 04955 RC-17
ATLANTA, GA 30302 Transit #: 06400004 (27)
</TABLE>
SCHEDULE RC-M-MEMORANDA
C465 <-
<TABLE>
<CAPTION>
Dollar Amounts in Thousands
- -------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
RCF RCF
--- ---
1. Extensions of credit by the reporting bank to its executive officers,
directors, principal shareholders, and their related interests as of the
report date:
a. Aggregate amount of all extensions of credit to all executive
officers, directors, principal shareholders, and their related interests 6164 146,440 1.a
RCF Number
--- ------
b. Number of executive officers, directors, and principal shareholders to
whom the amount of all extensions of credit by the reporting bank
(including extensions of credit to related interests) equals or exceeds
the lesser of $500,000 or 5 percent of total capital as defined for this
purpose in agency regulations 6165 12 1.b
RCF
---
2. Federal funds sold and securities purchased under agreements to resell with
U.S. branches and agencies of foreign banks (1) (included in Schedule RC, item 3) 3405 0 2
3. Not applicable.
4. Outstanding principal balance of 1-4 family residential mortgage loans
serviced for others (include both retained servicing and purchased
servicing):
a. Mortgages serviced under a GNMA contract 5500 0 4.a
b. Mortgages serviced under a FHLMC contract:
(1) Serviced with recourse to servicer 5501 0 4.b.1
(2) Serviced without recourse to servicer 5502 0 4.b.2
c. Mortgages serviced under a FNMA contract:
(1) Serviced under a regular option contract 5503 0 4.c.1
(2) Serviced under a special option contract 5504 0 4.c.2
d. Mortgages serviced under other servicing contracts 5505 0 4.d
5. To be completed only by banks with $1 billion or more in total assets:
Customers' liability to this bank on acceptances outstanding (sum of items
5.a and 5.b must equal Schedule RC, item 9):
a. U.S. addressees (domicile) 2103 519 5.a
b. Non-U.S. addressees (domicile) 2104 0 5.b
6. Intangible assets:
a. Mortgage Servicing Assets 3164 0 6.a
(1) Estimated fair value of mortgage servicing assets A590 0 6.a.1
b. Other identifiable intangible assets:
(1) Purchased credit card relationships 5506 0 6.b.1
(2) All other identifiable intangible assets 5507 0 6.b.2
c. Goodwill 3163 0 6.c
d. Total (sum of items 6.a., 6.b.(1), 6.b.(2), and 6.c) (must equal Schedule
RC, item 10) 2143 0 6.d
e. Amount of intangible assets (included in item 6.b.(2) above) that have been
grandfathered or are otherwise qualifying for regulatory capital purposes 6442 0 6.e
7. Mandatory convertible debt, net of common or perpetual preferred stock
dedicated to redeem the debt 3295 0 7
<FN>
- ------------
(1) Do not report federal funds sold and securities purchased under agreements
to resell with other commercial banks in the U.S. in this item.
</FN>
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C>
SunTrust Bank, Nashville, N.A. Call Date: 12/31/1998 State #: 472100 FFIEC 031
P.O. BOX 4418 CENTER 632 Vendor ID: D Cert #: 04955 RC-18
ATLANTA, GA 30302 Transit #: 06400004 (28)
</TABLE>
SCHEDULE RC-M - CONTINUED
<TABLE>
<CAPTION>
Dollar Amounts in Thousands
- ------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
RCF
---
8. a. Other real estate owned:
(1) Direct and indirect investments in real estate ventures 5372 0 8.a.1
RCON
----
(2) All other real estate owned:
(a) Construction and land development in domestic offices 5508 3,920 8.a.2a
(b) Farmland in domestic offices 5509 0 8.a.2b
(c) 1-4 family residential properties in domestic offices 5510 308 8.a.2c
(d) Multifamily (5 or more) residential properties in domestic offices 5511 0 8.a.2d
(e) Nonfarm nonresidential properties in domestic offices 5512 191 8.a.2e
RCF
---
(f) In foreign offices 5513 0 8.a.2f
RCF
---
(3) Total (sum of items 8.a.(1) and 8.a.(2)) (must equal Schedule RC, item 7) 2150 4,419 8.a.3
b. Investments in unconsolidated subsidiaries and associated companies:
(1) Direct and indirect investments in real estate ventures 5374 0 8.b.1
(2) All other investments in unconsolidated subsidiaries and associated companies 5375 5,241 8.b.2
(3) Total (sum of items 8.b.(1) and 8.b.(2)) (must equal Schedule RC, item 8) 2130 5,241 8.b.3
9. Noncumulative perpetual preferred stock and related surplus included in
Schedule RC, item 23, "Perpetual preferred stock and related surplus" 3778 0 9
10. Mutual fund and annuity sales in domestic offices during the quarter (include proprietary,
private label, and third party products):
RCON
----
a. Money market funds 6441 125,639 10.a
b Equity securities funds 8427 7,870 10.b
c. Debt securities funds 8428 2,409 10.c
d. Other mutual funds 8429 1,352 10.d
e. Annuities 8430 6,983 10.e
f. Sales of proprietary mutual funds and annuities (included in items 10.a through
10.e above) 8784 126,889 10.f
RCF
---
11. Net unamortized realized deferred gains (losses) on off-balance sheet derivative
contracts included in assets and liabilities reported in Schedule RC A525 0 11
RCF
---
12. Amount of assets netted against nondeposit liabilities and deposits in
foreign offices (other than insured branches in Puerto Rico and U.S.
territories and possessions) on the balance sheet (Schedule RC)
in accordance with generally accepted accounting principles(l) A526 0 12
13. Outstanding principal balance of loans other than 1-4 family residential
mortgage loans that are serviced for others (to be completed if this
balance is more than $10 million and exceeds ten percent
of total assets) A591 0 13
</TABLE>
<TABLE>
<CAPTION>
Memorandum Dollar Amounts in Thousands
- ------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
RCF
---
1. Reciprocal holdings of banking organizations' capital instruments
(to be completed for the December report only) 3836 0 M.1
<FN>
- ------------
(1) Exclude netted on-balance sheet amounts associated with off-balance sheet
derivative contracts, deferred tax assets netted against deferred tax
liabilities, and assets netted in accounting for pensions.
</FN>
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C>
SunTrust Bank, Nashville, N.A. Call Date: 12/31/1998 State #: 472100 FFIEC 031
P.O. BOX 4418 CENTER 632 Vendor ID: D Cert #: 04955 RC-19
ATLANTA, GA 30302 Transit #: 06400004 (29)
</TABLE>
SCHEDULE RC-N - PAST DUE AND NONACCRUAL LOANS, LEASES, AND OTHER ASSETS
The FFIEC regards the information reported in all of Memorandum item 1, in
items 1 through 10, column A, and in Memorandum items 2 through 4, column A, as
confidential.
C470 <-
<TABLE>
<CAPTION>
Dollar Amounts in Thousands
- -----------------------------------------------------------------------------------------------------------------------------
-(Column A)- -(Column B)- -(Column C)-
Past due Past due 90 Nonaccrual
30 through 89 days or more
days and still and still
accruing accruing
RCF RCF RCF
--- --- ---
<S> <C> <C> <C> <C> <C> <C> <C>
1. Loans secured by real estate:
a. To U.S. addressees (domicile) 1245 1246 590 1247 3,031 1.a
b. To non-U.S. addressees (domicile) 1248 1249 0 1250 0 1.b
2. Loans to depository institutions and acceptances of other banks:
RCF RCF RCF
--- --- ---
a. To U.S. banks and other U.S. depository
institutions 5377 5378 0 5379 0 2.a
b. To foreign banks 5380 5381 0 5382 0 2.b
3. Loans to finance agricultural production and
other loans to farmers 1594 1597 0 1583 3.
4. Commercial and industrial loans:
a. To U.S. addressees (domicile) 1251 1252 0 1253 239 4.a
b. To non-U.S. addressees (domicile) 1254 1255 0 1256 0 4.b
RCF RCF RCF
--- --- ---
5. Loans to individuals for household, family, and other personal
expenditures:
a. Credit cards and related plans 5383 5384 0 5385 0 5.a
b. Other (includes single payment, installment,
and all student loans) 5386 5387 3,883 5388 1,123 5.b
6. Loans to foreign governments and official institutions 5389 5390 0 5391 0 6
7. All other loans 5459 5460 0 5461 0 7
8. Lease financing receivables:
a. Of U.S. addressees (domicile) 1257 1258 19 1259 40 8.a
b. Of non-U.S. addressees (domicile) 1271 1272 0 1791 0 8.b
9. Debt securities and other assets (exclude other
real estate owned and other repossessed assets) 3505 3506 0 3507 0 9
</TABLE>
================================================================================
Amounts reported in items 1 through 8 above include guaranteed and unguaranteed
portions of past due and nonaccrual loans and leases. Report in item 10 below
certain guaranteed loans and leases that have already been included in the
amounts reported in items 1 through 8.
<TABLE>
<CAPTION>
RCF RCF RCF
--- --- ---
<S> <C> <C> <C> <C> <C> <C> <C>
10. Loans and leases reported in items 1 through 8 above which
are wholly or partially guaranteed by the U.S. Government 5612 5,689 5613 3,668 5614 0 10
a. Guaranteed portion of loans and leases
included in item 10 above 5615 5,689 5616 3,668 5617 0 10.a
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C>
SunTrust Bank, Nashville, N.A. Call Date: 12/31/1998 State #: 472100 FFIEC 031
P.O. BOX 4418 CENTER 632 Vendor ID: D Cert #: 04955 RC-20
ATLANTA, GA 30302 Transit #: 06400004 (30)
</TABLE>
SCHEDULE RC-N - CONTINUED
C473 <-
<TABLE>
<CAPTION>
Dollar Amounts in Thousands
- -----------------------------------------------------------------------------------------------------------------------------
-(Column A)- -(Column B)- -(Column C)-
Past due Past due 90 Nonaccrual
30 through 89 days or more
days and still and still
accruing accruing
RCF RCF RCF
--- --- ---
<S> <C> <C> <C> <C> <C> <C> <C>
MEMORANDA
1. Restructured loans and leases included in Schedule RC-N,
items 1 through 8. above (and not reported in Schedule
RC-C, Part I, Memorandum item 2) 1658 0 1659 0 1661 0 M.1
RCFD RCFD RCFD
---- ---- ----
2. Loans to finance commercial real estate, construction,
and land development activities (not secured by real
estate) included in Schedule RC-N items 4 and 7, above 6558 0 6559 0 6560 0 M.2
RCON CON CON
---- --- ---
3. Loans secured by real estate in domestic offices (included
in Schedule RC-N, item 1, above):
a. Construction and land development 2759 1,282 2769 0 3492 0 M.3a
b. Secured by farmland 3493 0 3494 0 3495 0 M.3b
RCON CON CON
---- --- ---
c. Secured by 1-4 family residential properties:
(1) Revolving, open-end loans secured by
1-4 family residential properties and
extended under lines of credit 5398 413 5399 18 5400 0 M.3.cl
(2) All other loans secured by 1-4 family
residential properties 5401 9,150 5402 572 5403 1,899 M.3c2
d. Secured by multifamily (5 or more) residential
properties 3499 0 3500 0 3501 0 M.3d
e. Secured by nonfarm nonresidential properties 3502 4,494 3503 0 3504 1,132 M.3e
</TABLE>
<TABLE>
<CAPTION>
-(Column A)- -(Column B)-
Past due Past due 90
30 through 89 days or more
days and still and still
accruing accruing
RCF RCF
--- ---
<S> <C> <C> <C> <C> <C>
4. Interest rate, foreign exchange rate, and other commodity
and equity contracts:
a. Book value of amounts carried as assets 3522 0 3528 0 M.4.a
b. Replacement cost of contracts with a
positive replacement cost 3629 0 3630 0 M.4.b
</TABLE>
<TABLE>
- -----------------------------------------------------------------------------------------------------------------------------
Person to whom questions about the Reports of Condition and Income should be directed: C477 <-
Name Title Area Code/Phone Number/Extension
<S> <C> <C> <C> <C>
8901 TODD BAILEY 8901 ASSISTANT VICE PRESIDENT 8902 404-724-3835
Even though Call Reports must be filed electronically, CO YES / NO TEXT
send my bank a sample set of paper Call Report -- ---- Fax: Area Code/Phone Number
Forms for the next quarter: 9117 0 9116
- -----------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C>
SunTrust Bank, Nashville, N.A. Call Date: 12/31/1998 State #: 472100 FFIEC 031
P.O. BOX 4418 CENTER 632 Vendor ID: D Cert #: 04955 RC-21
ATLANTA, GA 30302 Transit #: 06400004 (31)
</TABLE>
SCHEDULE RC-O - OTHER DATA FOR DEPOSIT INSURANCE AND FICO ASSESSMENTS
C475 <-
<TABLE>
<CAPTION>
Dollar Amounts in Thousands
- ----------------------------------------------------------------------------------------------
<S> <C> <C> <C>
1. Unposted debits (see instructions): RCON
----
a. Actual amount of all unposted debits 0030 747 1.a
OR
b. Separate amount of unposted debits:
(1) Actual amount of unposted debits to demand deposits 0031 0 1.b.1
(2) Actual amount of unposted debits to time and savings
deposits (1) 0032 0 1.b.2
2. Unposted credits (see instructions):
a. Actual amount of all unposted credits 3510 0 2.a
OR
b. Separate amount of unposted credits:
(1) Actual amount of unposted credits to demand deposits 3512 0 2.b.1
(2) Actual amount of unposted credits to time and savings
deposits (1) 3514 0 2.b.2
3. Uninvested trust funds (cash) held in bank's own trust
department (not included in total deposits in domestic offices) 3520 0 3.
4. Deposits of consolidated subsidiaries in domestic offices and
in insured branches in Puerto Rico and U.S. territories and
possessions (not included in total deposits):
a. Demand deposits of consolidated subsidiaries 2211 0 4.a
b. Time and savings deposits (1) of consolidated subsidiaries 2351 0 4.b
c. Interest accrued and unpaid on deposits of consolidated
subsidiaries 5514 0 4.c
5. Deposits in insured branches in Puerto Rico and U.S.
territories and possessions:
a. Demand deposits in insured branches (included in Schedule
RC-E, Part II) 2229 0 5.a
b. Time and saving deposits(l) in insured branches (included
in Schedule RC-E, Part II) 2383 0 5.b
c. Interest accrued and unpaid on deposits in insured branches
(included in Schedule RC-G, item 1.b) 5515 0 5.c
6. Reserve balances actually passed through to the Federal
Reserve by the reporting bank on behalf of its respondent
depository institutions that are also reflected as deposit
liabilities of the reporting bank:
RCON
a. Amount reflected in demand deposits (included in Schedule ----
RC-E, Part I, Item 4 or 5 column B) 2314 0 6.a
b. Amount reflected in time and savings deposits (1)
(included in Schedule RC-E, Part I, Item 4 or 5,
column A or C, but not column B) 2315 0 6.b
7. Unamortized premiums and discounts on time and savings
deposits:(1)
a. Unamortized premiums 5516 0 7.a
b. Unamortized discounts 5517 0 7.b
8. TO BE COMPLETED BY BANKS WITH "OAKAR DEPOSITS".
a. Deposits purchased or acquired from other FDIC-insured
institutions during the quarter (exclude deposits
purchased or acquired from foreign offices other than
insured branches in Puerto Rico and U.S. territories and
possessions):
RCON
(1) Total deposits purchased or acquired from other ----
FDIC-insured institutions during the quarter A531 0 8.a.1
(2) Amount of purchased or acquired deposits reported in
item 8.a.(1) above attributable to a secondary fund RCON
(i.e., BIF members report deposits attributable to ----
SAIF; SAIF members report deposits attributable to BIF) A532 0 8.a.2
b. Total deposits sold or transferred to other FDIC-insured
institutions during the quarter (exclude sales or
transfers by the reporting bank of deposits in foreign
offices other than insured branches in Puerto Rico and
U.S. territories and possessions) A533 0 8.b
<FN>
- ------------
(1) For FDIC and FICO insurance assessment purposes, "time and savings
deposits" consists of nontransaction accounts and all transaction accounts
other than demand deposits.
</FN>
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C>
SunTrust Bank, Nashville, N.A. Call Date: 12/31/1998 State #: 472100 FFIEC 031
P.O. BOX 4418 CENTER 632 Vendor ID: D Cert #: 04955 RC-22
ATLANTA, GA 30302 Transit #: 06400004 (32)
</TABLE>
SCHEDULE RC-0 CONTINUED
<TABLE>
<CAPTION>
Dollar Amounts in Thousands
- ------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
RCON
----
9. Deposits in lifeline accounts 5596 9
10. Benefit-responsive "Depository Institution Investment
Contracts" (included in total deposits in domestic offices) 8432 0 10
11. Adjustments to demand deposits in domestic offices and
in insured branches in Puerto Rico and U.S. territories
and possessions reported in Schedule RC-E for certain
reciprocal demand balances:
a. Amount by which demand deposits would be reduced if the reporting bank's
reciprocal demand balances with the domestic offices of U.S. banks and
savings associations and insured branches in Puerto Rico and U.S. RCON
territories and possessions that were reported on a gross basis in ----
Schedule RC-E had been reported on a net basis 8785 0 11.a
b. Amount by which demand deposits would be increased if the reporting
bank's reciprocal demand balances with foreign banks and foreign offices
of other U.S. banks (other than insured branches in Puerto Rico and U.S.
territories and possessions) that were reported on a net basis in
Schedule RC-E had been reported on a gross basis A181 0 11.b
c. Amount by which demand deposits would be reduced if
cash items in process of collection were included in
the calculation of the reporting bank's net
reciprocal demand balances with the domestic offices
of U.S. banks and savings associations and insured
branches in Puerto Rico and U.S. territories and
possessions in Schedule RC-E A182 0 11.c
12. Amount of assets netted against deposit liabilities in
domestic offices and in insured branches in Puerto Rico
and U.S. territories and possessions on the balance
sheet (Schedule RC) in accordance with generally
accepted accounting principles (exclude amounts related
to reciprocal demand balances):
a. Amount of assets netted against demand deposits A527 0 12.a
b. Amount of assets netted against time and savings
deposits A528 0 12.b
</TABLE>
<TABLE>
<CAPTION>
MEMORANDA (TO BE COMPLETED EACH QUARTER EXCEPT AS NOTED) Dollar Amounts in Thousands
- ------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
1. Total deposits in domestic offices of the bank
(sum of Memorandum items 1.a.(1) and 1.b.(1)
must equal Schedule RC, item 13.a):
a. Deposit accounts of $100,000 or less RCON
----
(1) Amount of deposit accounts of $100,000 or less 2702 1,711,204 M.1.a1
RCON NUMBER
(2) Number of deposit accounts of $100,000 or less ---- ------
(TO BE COMPLETED FOR THE JUNE REPORT ONLY) 3779 N/A M.1.a2
b. Deposit accounts of more than $100,000: RCON
----
(1) Amount of deposit accounts of more than $100,000 2710 1,127,652 M.1.b1
(2) Number of deposit accounts of more than $100,000 2722 3,555 M.1.b2
2. Estimated amount of uninsured deposits in domestic offices
of the bank:
a. An estimate of your bank's uninsured deposits can be
determined by multiplying the number of deposit accounts
of more than $100,000 reported in Memorandum item 1.b.(2)
above by $100,000 and subtracting the result from the
amount of deposit accounts of more than $100,000 reported
in Memorandum item 1.b.(1) above.
Indicate in the appropriate box at right whether your bank RCON YES/NO
has a method or procedure for determining a better estimate ----
of uninsured deposits than the estimate described above 6861 NO M.2.a
b. If the box marked YES has been checked, report the estimate of uninsured
deposits determined by using your bank's method or procedure 6597 N/A M.2.b
3. Has the reporting institution been consolidated with a parent
bank or savings association in that parent bank's or parent savings
association's Call Report or Thrift Financial Report? If so, report the
legal title and FDIC Certificate Number of the parent bank or parent
savings association:
TEXT RCON FDIC Cert No.
----
A545 A545 N/A M.3
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C>
SunTrust Bank, Nashville, N.A. Call Date: 12/31/1998 State #: 472100 FFIEC 031
P.O. BOX 4418 CENTER 632 Vendor ID: D Cert #: 04955 RC-23
ATLANTA, GA 30302 Transit #: 06400004 (33)
</TABLE>
SCHEDULE RC-R - REGULATORY CAPITAL
This schedule must be completed by all banks as follows: Banks that reported
total assets of $1 billion or more in Schedule RC item 12, for June 30, 1997,
must complete items 2 through 9 and Memoranda items 1 and 2. BANKS WITH ASSETS
OF LESS THAN $1 BILLION MUST COMPLETE ITEMS 1 THROUGH 3 BELOW OR SCHEDULE RCR
IN ITS ENTIRETY, DEPENDING ON THEIR RESPONSE TO ITEM 1 BELOW.
C480 <-
<TABLE>
<S> <C> <C> <C>
1. Test for determining the extent to which Schedule RC-R must be completed.
To be completed only by banks with total assets of less than $1 billion.
Indicate in the appropriate box at the right whether the bank has total RCFD YES/NO
capital greater than or equal to eight percent of adjusted total assets ---- ------
For purposes of this test, adjusted total assets equals total assets 6056 N/A 1.
less cash, U.S. Treasuries, U.S. Government agency obligations, and 80
percent of U.S. Government-sponsored agency obligations plus the allowance
for loan and lease losses and selected off-balance sheet items as reported
on Schedule RC-L (see instructions).
If the box marked YES has been checked, then the bank only has to
complete items 2 and 3 below. If the box marked NO has been checked, the
bank must complete the remainder of this schedule.
A NO response to item 1 does not necessarily mean that the bank's actual
risk-based capital ratio is less than eight percent or that the bank is not
in compliance with the risk-based capital guidelines.
NOTE: All Banks are required to complete
items 2 and 3 below.
</TABLE>
<TABLE>
<CAPTION>
Dollar Amounts in Thousands
- --------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
RCFD
----
2. Portion of qualifying limited-life capital instruments
(original weighted average maturity of at least five
years) that is includible in Tier 2 capital: RCFD
----
a. Subordinated debt (1) and intermediate term preferred stock A515 0 2.a
b. Other limited-life capital instruments A516 0 2.b
3. Amounts used in calculating regulatory capital ratios (report
amounts determined by the bank for its own internal regulatory
capital analyses consistent with applicable capital standards):
a. (1) Tier 1 capital 8274 363,032 3.a.1
(2) Tier 2 capital 8275 46,400 3.a.2
(3) Tier 3 capital 1395 0 3.a.3
b. Total risk-based capital 3792 409,432 3.b
c. Excess allowance for loan and lease losses (amount that
exceeds 1.25% of gross risk-weighted assets) A222 0 3.c
d. (1) Net risk-weighted assets (gross risk-weighted assets
less excess allowance reported in item 3.c above and all
other deductions) A223 3,768,617 3.d.1
(2) Market risk equivalent assets 1651 0 3.d.2
e. Maximum contractual dollar amount of recourse exposure in
low level recourse transactions (to be completed only if
the bank uses the "direct reduction method" to report these
transactions in Schedule RC-R) 1727 0 3.e
f. "Average total assets" (quarterly average reported in
Schedule RC-K, item 9, less all assets deducted from Tier 1
capital)(2) A224 4,559,971 3.f
</TABLE>
ITEMS 4-9 AND MEMORANDA ITEMS 1 AND 2 ARE TO BE COMPLETED BY BANKS THAT
ANSWERED NO TO ITEM 1 ABOVE AND BY BANKS WITH TOTAL ASSETS OF $1 BILLION OR
MORE.
<TABLE>
<CAPTION>
--(Column A)-- --(Column B)--
Assets Credit Equiv-
Recorded alent Amount
on the of Off-Balance
Dollar Amounts in Thousands Balance Sheet Sheet Items (3)
- -----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
4. Assets and credit equivalent amount of off-balance sheet
items assigned to the Zero percent risk category: RCFD
----
a. Assets recorded on the balance sheet 5163 135,093 RCFD 4.a
----
b. Credit equivalent amount of off-balance sheet items 3796 0 4.b
<FN>
- ------------
(1) Exclude mandatory convertible debt reported in Schedule RC-M, item 7.
(2) Do not deduct excess allowance for loan and lease losses.
(3) Do not report in B the risk-weighted amount of assets reported in column A.
</FN>
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C>
SunTrust Bank, Nashville, N.A. Call Date: 12/31/1998 State #: 472100 FFIEC 031
P.O. BOX 4418 CENTER 632 Vendor ID: D Cert #: 04955 RC-24
ATLANTA, GA 30302 Transit #: 06400004 (34)
</TABLE>
SCHEDULE RC-R - CONTINUED
<TABLE>
<CAPTION>
--(Column A)-- --(Column B)--
Assets Credit Equiv-
Recorded alent Amount
on the of Off-Balance
Dollar Amounts in Thousands Balance Sheet Sheet Items (2)
- -----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
5. Assets and credit equivalent amounts of off-balance
sheet items assigned to the 20 percent risk category: RCFD
----
a. Assets recorded on the balance sheet 5165 1,272,868 RCFD 5.a
----
b. Credit equivalent amount of off-balance sheet items 3801 353,824 5.b
6. Assets and credit equivalent amounts of off-balance
sheet items assigned to the 50 percent risk category:
a. Assets recorded on the balance sheet 3802 706,572 6.a
b. Credit equivalent amount of off-balance sheet items 3803 149 6.b
7. Assets and credit equivalent amounts of off-balance sheet
items assigned to the 100 percent risk category:
a. Assets recorded on the balance sheet 3804 2,595,408 7.a
b. Credit equivalent amount of off-balance sheet items 3805 494,510 7.b
8. On-balance sheet asset values excluded from and deducted in
the calculation of the risk-based capital ratio(2) 3806 2,240 8.
9. Total assets recorded on the balance sheet (sum of
items 4.a, 5.a, 6.a, 7.a, and 8, column A) (must equal
Schedule RC, item 12 plus items 4.b and 4.c) 3807 4,712,181 9.
</TABLE>
<TABLE>
<CAPTION>
MEMORANDA Dollar Amounts in Thousands
- ----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
1. Current credit exposure across all off-balance sheet RCFD
derivative contracts covered by the risk-based ----
capital standards 8764 736 M.1
</TABLE>
<TABLE>
<CAPTION>
--- With a remaining maturity of ---
--(Column A)-- --(Column B)-- --(Column C)--
One Year Over Over
or less one year five years
thru five years
<S> <C> <C> <C> <C> <C> <C> <C>
2. Notional principal amounts of off-balance
sheet derivative contracts:(3) RCFD RCFD RCFD
---- ---- ----
a. Interest rate contracts 3809 33,000 8766 0 8767 0 M.2.a
b. Foreign exchange contracts 3812 0 8769 0 8770 0 M.2.b
c. Gold contracts 8771 0 8772 0 8773 0 M.2.c
d. Other precious metals contracts 8774 0 8775 0 8776 0 M.2.d
e. Other commodity contracts 8777 0 8778 0 8779 0 M.2.e
f. Equity derivative contracts A000 0 A001 0 A002 0 M.2.f
<FN>
- ------------
(1) Do not report in column B the risk-weighted amount of assets reported in
column A.
(2) Include the difference between the fair value and the amortized cost of
its available-for-sale securities in item 8 and report the amortized cost
of these securities in items 4 through 7 above. Item 8 also includes
on-balance sheet asset values (or portions thereof) of off-balance sheet
interest rate, foreign exchange rate, and commodity contracts and those
contracts (e.g. future contracts) not subject to risk-based capital, item
8 margin accounts and accrued receivables not included in the calculation
of credit equivalent amounts of off-balance sheet derivatives as well as
any portion of the allowance for loan and lease losses in excess of the
amount that may be included in Tier 2 capital.
(3) Exclude foreign exchange contracts with an original maturity of 14 days or
less and all futures contracts.
</FN>
</TABLE>
