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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-K/A
AMENDMENT NO. 1
TO
ANNUAL REPORT
For the fiscal year ended December 31, 1997
Commission File No. 1-7436
REPUBLIC NEW YORK CORPORATION
(Exact name of registrant as specified in its charter)
MARYLAND 13-2764867
(State or other jurisdiction (I.R.S. Employer
of incorporation or organization) Identification No.)
452 Fifth Avenue, New York, New York 10018
(Address of principal executive offices) (Zip Code)
(212) 525-6100
(Registrant's telephone number, including area code)
<PAGE>
Republic New York Corporation (the "Corporation") hereby amends its
Annual Report on Form 10-K for the year ended December 31, 1997, to include
Restated Financial Data Schedules for (i) the year ended December 31, 1996 and
(ii) the year ended December 31, 1995. The Amendment is a result of the
Corporation's adoption of Statement of Financial Accounting Standards No. 128,
"Earnings Per Share."
Accordingly, the undersigned registrant hereby amends the following
items, financial statements, exhibits or other portions of its Annual Report on
Form 10-K for the year ended December 31, 1997, as set forth in the pages
attached hereto:
Exhibit 27.1 - Financial Data Schedule Restated for the Year Ended
December 31, 1996.
Exhibit 27.2 - Financial Data Schedule Restated for the Year Ended
December 31, 1995.
<PAGE>
SIGNATURES
PURSUANT TO THE REQUIREMENTS OF SECTION 13 OR 15(D) OF THE SECURITIES
EXCHANGE ACT OF 1934, THE REGISTRANT HAS DULY CAUSED THIS AMENDMENT NO. 1 TO BE
SIGNED ON ITS BEHALF BY THE UNDERSIGNED THEREUNTO DULY AUTHORIZED.
Dated: June 5, 1998 REPUBLIC NEW YORK CORPORATION
By: WALTER H. WEINER
--------------------------------
Walter H. Weiner
(Chairman of the Board)
PURSUANT TO THE REQUIREMENTS OF THE SECURITIES EXCHANGE ACT OF 1934,
THIS AMENDMENT NO. 1 HAS BEEN SIGNED BELOW BY THE FOLLOWING PERSONS ON BEHALF OF
THE REGISTRANT AND IN THE CAPACITIES AND ON THE DATES INDICATED.
<TABLE>
<CAPTION>
<S> <C> <C>
Singnature Title Date
Walter H. Weiner Director and Chairman June 5, 1998
- --------------------------- of the Board
(Walter H. Weiner) (Principal Executive Officer)
Stan Martin Executive Vice President and June 5, 1998
- -------------------------- Chief Financial Officer -
(Stan Martin) Financial Reporting and Control
(Principal Financial and
Accounting Officer)
Kurt Andersen Director June 5, 1998
- ---------------------------
(Kurt Andersen)
Robert A. Cohen Director June 5, 1998
- ---------------------------
(Robert A. Cohen)
- --------------------------- Director
(Cyril S. Dwek)
Ernest Ginsberg Director June 5, 1998
- ---------------------------
(Ernest Ginsberg)
Nathan Hasson Director June 5, 1998
- ---------------------------
(Nathan Hasson)
Peter Kimmelman Director June 5, 1998
- ---------------------------
(Peter Kimmelman)
Richard A. Kraemer Director June 5, 1998
- ---------------------------
(Richard A. Kraemer)
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C>
Leonard Lieberman Director June 5, 1998
- ---------------------------
(Leonard Lieberman)
William C. MacMillen, Jr. Director June 5, 1998
- ---------------------------
(William C. MacMillen, Jr.)
Peter J. Mansbach Director June 5, 1998
- ---------------------------
(Peter J. Mansbach)
Martin F. Mertz Director June 5, 1998
- ---------------------------
(Martin F. Mertz)
James L. Morice Director June 5, 1998
- ---------------------------
(James L. Morice)
- --------------------------- Director
(E. Daniel Morris)
Janet L. Norwood Director June 5, 1998
- ---------------------------
(Janet L. Norwood)
John A. Pancetti Director June 5, 1998
- ---------------------------
(John A. Pancetti)
Vito S. Portera Director June 5, 1998
- ---------------------------
(Vito S. Portera)
Thomas F. Robards Director June 5, 1998
- ---------------------------
(Thomas F. Robards)
William P. Rogers Director June 5, 1998
- ---------------------------
(William P. Rogers)
Director June , 1998
- ---------------------------
(Elias Saal)
Dov C. Schlein Director June 5, 1998
- ---------------------------
(Dov C. Schlein)
George T. Wendler Director June 5, 1998
- ---------------------------
(George T. Wendler)
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM
THE CURRENT REPORT ON FORM 10-K FOR THE YEAR ENDED DECEMBER 31, 1996 AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS AND
ACCOMPANYING DISCLOSURES.
</LEGEND>
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-END> DEC-31-1996
<CASH> 710,183
<INT-BEARING-DEPOSITS> 5,909,195
<FED-FUNDS-SOLD> 2,109,109
<TRADING-ASSETS> 4,807,788
<INVESTMENTS-HELD-FOR-SALE> 13,040,445
<INVESTMENTS-CARRYING> 8,135,068
<INVESTMENTS-MARKET> 8,144,518
<LOANS> 11,721,936
<ALLOWANCE> 350,358
<TOTAL-ASSETS> 52,298,851
<DEPOSITS> 31,725,579
<SHORT-TERM> 5,446,841
<LIABILITIES-OTHER> 218,910
<LONG-TERM> 4,248,710
<COMMON> 275,048
0
555,800
<OTHER-SE> 2,475,772
<TOTAL-LIABILITIES-AND-EQUITY> 52,298,851
<INTEREST-LOAN> 919,230
<INTEREST-INVEST> 1,372,483
<INTEREST-OTHER> 541,370
<INTEREST-TOTAL> 2,833,083
<INTEREST-DEPOSIT> 1,282,205
<INTEREST-EXPENSE> 1,870,898
<INTEREST-INCOME-NET> 962,185
<LOAN-LOSSES> 32,000
<SECURITIES-GAINS> 23,247
<EXPENSE-OTHER> 785,754
<INCOME-PRETAX> 590,546
<INCOME-PRE-EXTRAORDINARY> 418,840
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 418,840
<EPS-PRIMARY> 7.15
<EPS-DILUTED> 7.07
<YIELD-ACTUAL> 2.48
<LOANS-NON> 105,093
<LOANS-PAST> 20,099
<LOANS-TROUBLED> 34,993
<LOANS-PROBLEM> 0
<ALLOWANCE-OPEN> 300,593
<CHARGE-OFFS> 43,038
<RECOVERIES> 18,043
<ALLOWANCE-CLOSE> 350,358
<ALLOWANCE-DOMESTIC> 212,594
<ALLOWANCE-FOREIGN> 137,764
<ALLOWANCE-UNALLOCATED> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CURRENT
REPORT ON FORM 10-K FOR THE YEAR ENDED DECEMBER 31, 1995 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS AND ACCOMPANYING DISCLOSURES.
</LEGEND>
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> DEC-31-1995
<CASH> 675,683
<INT-BEARING-DEPOSITS> 6,094,495
<FED-FUNDS-SOLD> 1,749,268
<TRADING-ASSETS> 4,035,606
<INVESTMENTS-HELD-FOR-SALE> 11,751,523
<INVESTMENTS-CARRYING> 4,487,022
<INVESTMENTS-MARKET> 4,595,454
<LOANS> 9,843,960
<ALLOWANCE> 300,593
<TOTAL-ASSETS> 43,881,554
<DEPOSITS> 24,919,633
<SHORT-TERM> 3,890,768
<LIABILITIES-OTHER> 193,645
<LONG-TERM> 3,961,551
<COMMON> 281,298
0
575,000
<OTHER-SE> 2,151,510
<TOTAL-LIABILITIES-AND-EQUITY> 43,881,554
<INTEREST-LOAN> 749,719
<INTEREST-INVEST> 1,017,484
<INTEREST-OTHER> 679,468
<INTEREST-TOTAL> 2,446,671
<INTEREST-DEPOSIT> 1,138,075
<INTEREST-EXPENSE> 1,627,772
<INTEREST-INCOME-NET> 818,899
<LOAN-LOSSES> 12,000
<SECURITIES-GAINS> 25,663
<EXPENSE-OTHER> 821,665
<INCOME-PRETAX> 398,115
<INCOME-PRE-EXTRAORDINARY> 288,649
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 288,649
<EPS-PRIMARY> 4.77
<EPS-DILUTED> 4.65
<YIELD-ACTUAL> 2.61
<LOANS-NON> 67,872
<LOANS-PAST> 6,316
<LOANS-TROUBLED> 14,383
<LOANS-PROBLEM> 0
<ALLOWANCE-OPEN> 319,220
<CHARGE-OFFS> 51,491
<RECOVERIES> 20,215
<ALLOWANCE-CLOSE> 300,593
<ALLOWANCE-DOMESTIC> 166,733
<ALLOWANCE-FOREIGN> 133,860
<ALLOWANCE-UNALLOCATED> 0
</TABLE>
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