<PAGE>
- --------------------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest Event
Reported) September 22, 1997
BEAR STEARNS ASSET BACKED SECURITIES, INC.
- --------------------------------------------------------------------------------
(Exact name of registrant as specified in its charter)
Delaware 33-93574 13-3836437
- ---------------------------- ----------- ----------------
(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)
245 Park Avenue
New York, New York 10167
- --------------------- ----------
(Address of Principal (Zip Code)
Executive Offices)
Registrant's telephone number, including area code (212) 272-4095
----- --------
<PAGE>
Item 5. Other Events.
- ---- -------------
Filing of Form T-1.
- -------------------
In connection with the offering of the Bear Stearns Asset Backed
Securities, Inc. Asset Backed Notes and Asset Backed Certificates, Series 1997-3
(together, the "Securities"), Bear Stearns Asset Backed Securities, Inc. is
filing a Form T-1 with respect to Norwest Bank Minnesota, National Association,
as trustee.
Item 7. Financial Statements, Pro Forma Financial
- ---- -----------------------------------------
Information and Exhibits.
-------------------------
(a) Not applicable.
(b) Not applicable.
(c) Exhibits:
Exhibit 25- Form T-1.
2
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
BEAR STEARNS ASSET BACKED
SECURITIES, INC.
By: /s/ Matthew Perkins
-------------------
Name: Matthew Perkins
Title: Associate Director
Dated: September 22, 1997
<PAGE>
Exhibit Index
-------------
Exhibit Page
- ------- ----
25 Form T-1 with respect to Norwest Bank 6
Minnesota, National Association, as Trustee.
4
<PAGE>
================================================================================
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
-----------------------------
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)
NORWEST BANK MINNESOTA, NATIONAL ASSOCIATION
(Exact name of trustee as specified in its charter)
A U.S. National Banking Association 41-1592157
(Jurisdiction of incorporation or (I.R.S. Employer
organization if not a U.S. national Identification No.)
bank)
Sixth Street and Marquette Avenue
Minneapolis, Minnesota 55479
(Address of principal executive offices) (Zip code)
Stanley S. Stroup, General Counsel
NORWEST BANK MINNESOTA, NATIONAL ASSOCIATION
Sixth Street and Marquette Avenue
Minneapolis, Minnesota 55479
(612) 667-1234
(Agent for Service)
-----------------------------
PSB LENDING HOME LOAN OWNER TRUST 1997-3
(Exact name of obligor as specified in its charter)
Delaware Not Yet Received
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
C\O Wilmington Trust
Rodney Square North
1100 North Market Street
Wilmington, DE 19890-0001
(Address of principal executive offices) (Zip code)
-----------------------------
PSB Lending Home Loan Owner Trust 1997-3
Asset Backed Notes, Series 1997-3
Asset Backed Certificates, Series 1997-3
(Title of the indenture securities)
================================================================================
<PAGE>
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.
Comptroller of the Currency
Treasury Department
Washington, D.C.
Federal Deposit Insurance Corporation
Washington, D.C.
The Board of Governors of the Federal Reserve System
Washington, D.C.
(b) Whether it is authorized to exercise corporate trust
powers.
The trustee is authorized to exercise corporate trust
powers.
Item 2. Affiliations with Obligor. If the obligor is an affiliate of the
trustee, describe each such affiliation.
None with respect to the trustee.
No responses are included for Items 3-14 of this Form T-1 because the obligor is
not in default as provided under Item 13.
Item 15. Foreign Trustee. Not applicable.
Item 16. List of Exhibits. List below all exhibits filed as a part of
this Statement of Eligibility. Trustee
incorporates by reference into this Form T-1
the exhibits attached hereto.
Exhibit 1. a. A copy of the Articles of Association of the
trustee now in effect.*
Exhibit 2. a. A copy of the certificate of authority of
the trustee to commence business issued
June 28, 1872, by the Comptroller of the
Currency to The Northwestern National Bank
of Minneapolis.*
b. A copy of the certificate of the Comptroller
of the Currency dated January 2, 1934,
approving the consolidation of The
Northwestern National Bank of Minneapolis
and The Minnesota Loan and Trust Company of
Minneapolis, with the surviving entity being
titled Northwestern National Bank and Trust
Company of Minneapolis.*
c. A copy of the certificate of the Acting
Comptroller of the Currency dated January
12, 1943, as to change of corporate title of
Northwestern National Bank and Trust Company
of Minneapolis to Northwestern National Bank
of Minneapolis.*
<PAGE>
d. A copy of the letter dated May 12, 1983 from
the Regional Counsel, Comptroller of the
Currency, acknowledging receipt of notice of
name change effective May 1, 1983 from
Northwestern National Bank of Minneapolis to
Norwest Bank Minneapolis, National
Association.*
e. A copy of the letter dated January 4, 1988
from the Administrator of National Banks for
the Comptroller of the Currency certifying
approval of consolidation and merger
effective January 1, 1988 of Norwest Bank
Minneapolis, National Association with
various other banks under the title of
"Norwest Bank Minnesota, National
Association."*
Exhibit 3. A copy of the authorization of the trustee to
exercise corporate trust powers issued January 2,
1934, by the Federal Reserve Board.*
Exhibit 4. Copy of By-laws of the trustee as now in effect.*
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.
* Incorporated by reference to Exhibit 25 filed with
registration statement (number 33-66026) of trustee's parent,
Norwest Corporation.
<PAGE>
SIGNATURE
Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the
trustee, Norwest Bank Minnesota, National Association, a national banking
association organized and existing under the laws of the United States of
America, has duly caused this statement of eligibility to be signed on its
behalf by the undersigned, thereunto duly authorized, all in the City of
Minneapolis and State of Minnesota on the 15th day of September, 1997.
NORWEST BANK MINNESOTA,
NATIONAL ASSOCIATION
/s/ Amy Wahl
------------------------------
Name: Amy Wahl
Title: Corporate Trust Officer
<PAGE>
EXHIBIT 6
September 15, 1997
Securities and Exchange Commission
Washington, D.C. 20549
Gentlemen:
In accordance with Section 321(b) of the Trust Indenture Act of 1939, as
amended, the undersigned hereby consents that reports of examination of the
undersigned made by Federal, State, Territorial, or District authorities
authorized to make such examination may be furnished by such authorities to the
Securities and Exchange Commission upon its request therefor.
Very truly yours,
NORWEST BANK MINNESOTA,
NATIONAL ASSOCIATION
/s/ Amy Wahl
------------------------------
Name: Amy Wahl
Title: Corporate Trust Officer
<PAGE>
<TABLE>
<S> <C>
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: 1557-0081
FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCIL Expires March 31, 2000
- -------------------------------------------------------------------------------------------------------------------------
[1]
[LOGO] Please Refer to page i,
Table of Contents, for
the required disclosure
of estimated burden.
- -------------------------------------------------------------------------------------------------------------------------
CONSOLIDATED REPORTS OF CONDITION AND INCOME FOR
A BANK WITH DOMESTIC AND FOREIGN OFFICES - FFIEC 031
REPORT AT THE CLOSE OF BUSINESS JUNE 30, 1997 (970630)
-----------
(RCRI 9999)
This report is required by law: 12 U.S.C. Section 324 (State This report form is to be filed by banks with branches and
member banks); 12 U.S.C. Section 1817 (State nonmember consolidated subsidiaries in U.S. territories and possessions,
banks); and 12 U.S.C. Section 161 (National banks). Edge or Agreement subsidiaries, foreign branches, consolidated
foreign subsidiaries, or International Banking Facilities.
- -------------------------------------------------------------------------------------------------------------------------
NOTE: The Reports of Condition and Income must be signed by The Reports of Condition and Income are to be prepared in
an authorized officer and the Report of Condition must be accordance with Federal regulatory authority instructions.
attested to by not less than two directors (trustees) for NOTE: These instructions may in some cases differ from
State nonmember banks and three directors for State member generally accepted accounting principles.
and National banks.
I, Mark P. Wagener, Director of Bank & Service Accounting We, the undersigned directors (trustees), attest to
-------------------------------------------------------- the correctness of this Report of Condition
Name and Title of Officer Authorized to Sign Report (including the supporting schedules) and declare that
it has been examined by us and to the best of our
of the named bank do hereby declare that these knowledge and belief has been prepared in conformance
Reports of Condition and Income (including the supporting with the instructions issued by the appropriate
schedules) have been prepared in conformance with the Federal regulatory authority and is true and correct.
instructions issued by the appropriate Federal regulatory
authority and are true to the best of my knowledge and /s/ Scott A. Kisting
belief. -----------------------------------------------------
Director (Trustee)
/s/ Mark P. Wagener
- ------------------------------------------------------------- /s/ James R. Campbell
Signature of Officer Authorized to Sign Report -----------------------------------------------------
Director (Trustee)
July 30, 1997 /s/ Richard C. Westergaard
- ------------------------------------------------------------- -----------------------------------------------------
Date of Signature Director (Trustee)
- -------------------------------------------------------------------------------------------------------------------------
FOR BANKS SUBMITTING HARD COPY REPORT FORMS:
STATE MEMBER BANKS: Return the original and one copy to the NATIONAL BANKS: Return the original only in the
appropriate Federal Reserve District Bank. special return address envelope provided. If express
mail is used in lieu of the special return address
STATE NONMEMBER BANKS: Return the original only in the envelope, return the original only to the FDIC, c/o
special return address envelope provided. If express mail is Quality Data Systems, 2127 Espey Court, Suite 204,
used in lieu of the special return address envelope, return Crofton, MD 21114.
the original only to the FDIC, c/o Quality Data Systems,
2127 Espey Court, Suite 204, Crofton, MD 21114.
- -------------------------------------------------------------------------------------------------------------------------
FDIC Certificate Number 05208
----------- Banks should affix the address label in this space.
(RCRI 9050)
CALL NO. 200 31 06-30-97
STBK: 27-4095 00017 STCERT: 27-05208
NORWEST BANK MINNESOTA, NATIONAL ASS.
SIXTH STREET AND MARQUETTE AVENUE
MINNEAPOLIS, MN 55479-0016
Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency
</TABLE>
<PAGE>
FFIEC 031
Page 1
<TABLE> [2]
<CAPTION>
CONSOLIDATED REPORTS OF CONDITION AND INCOME FOR
A BANK WITH DOMESTIC AND FOREIGN OFFICES
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
Table of Contents
Signature Page Cover Report of Condition
Report of Income Schedule RC-Balance Sheet........................RC-1,2
Schedule RI-Income Statement................RI-1,2,3 Schedule RC-A-Cash and Balances Due
From Depository Institutions.....................RC-3
Schedule RI-A-Changes in Equity Capital.........RI-4
Schedule RC-B Securities.......................RC-3,4,5
Schedule RI-B-Charge-offs and Recoveries and
Changes in Allowance for Loan and Lease Schedule RC-C-Loans and Lease Financing
Losses.....................................RI-4,5 Receivables:
Part I. Loans and Leases....................RC-6,7,8
Schedule RI-D Income from Part II. Loans to Small Businesses and
International Operations......................RI-6 Small Farms (included in the forms for
June 30 only).............................RC-8a, 8b
Schedule RI-E-Explanations....................RI-7,8
Schedule RC-D-Trading Assets and Liabilities
(to be completed only by selected banks).........RC-8
Schedule RC-E-Deposit Liabilities............RC-9,10,11
Schedule RC-F-Other Assets........................RC-11
Schedule RC-G-Other Liabilities...................RC-11
Schedule RC-H-Selected Balance Sheet Items
for Domestic Offices...........................RC-12
Disclosure Of Estimated Burden Schedule RC-I-Selected Assets and Liabilities
of IBF's........................................RC-13
The estimated average burden associated with this information
collection is 34.1 hours per respondent and is estimated to vary Schedule RC-K-Quarterly Averages..................RC-13
from 15 to 400 hours per response, depending on individual
circumstances. Burden estimates include the time for reviewing Schedule RC-L-Off-Balance Sheet
instructions, gathering and maintaining data in the required form, Items.....................................RC-14,15,16
and completing the information collection, but exclude the time for
compiling and maintaining business records in the normal course Schedule RC-M-Memoranda........................RC-17,18
of a respondent's activities. A federal agency may not conduct
or sponsor, and an organization (or a person) is not required Schedule RC-N-Past Due and Nonaccrual
to respond to a collection of information, unless it displays Loans, Leases, and Other Assets..............RC-19,20
a currently valid OMB control number. Comments concerning
the accuracy of this burden estimate and suggestions for Schedule RC-O-Other Data for Deposit
reducing this burden should be directed to the office of Insurance and FICO Assessments...............RC-21,22
information an Regulatory Affairs. Office of Management
and Budget, Washington, D.C. 20503, and to one of the following: Schedule RC-R-Regulatory Capital...............RC-23,24
Secretary Optional Narrative Statement Concerning
Board of Governors of the Federal Reserve System the amounts Reported in the Reports
Washington, D.C. 20551 of Condition and Income.........................RC-25
Legislative and Regulatory Analysis Division Special Report (to be completed by all banks)
Office of the Comptroller of the Currency
Washington, D.C. 20219
Assistant Executive Secretary
Federal Deposit Insurance Corporation
Washington, D.C. 20429
</TABLE>
For information or assistance, National and State nonmember banks should
contact the FDIC's Call Reports Analysis Unit, 550 17th Street, NW, Washington,
D.C. 20429, toll free on (800) 688-FDIC(3342), Monday through Friday between
8:00 a.m. and 5:00 p.m., Eastern time. State member banks should contact their
Federal Reserve District Bank.
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C> <C>
Norwest Bank Minnesota, N.A. Call Date: 6/30/97 ST-BK: 27-4095 FFIEC 031
Sixth Street and Marquette Avenue Page RI-1
Minneapolis, MN 55479 Vendor ID: D CERT: 5208
3
Transit Number: 91000019
</TABLE>
Consolidated Report of Income
For the period January 1, 1997 - June 30, 1997
All Report of Income schedules are to be reported on a calendar year-to-date
basis in thousands of dollars.
Schedule RI -- Income Statement
<TABLE>
<CAPTION>
I480 <-
Dollar Amounts in Thousands
----------------------------------------------------------------------------------------------------------------------
<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. . 146,404 1.a.1a
(b) Loans to depository institutions.............................................. 4019. . 7,785 1.a.1b
(c) Loans to finance agricultural production and other loans to farmers........... 4024. . 404 1.a.1c
(d) Commercial and industrial loans............................................... 4012. . 161,141 1.a.1d
(e) Acceptances of other banks.................................................... 4026. . 297 1.a.1e
(f) Loans to individuals for household, family and other personal expenditures:
(1) Credit cards and related plans............................................ 4054. . 12,557 1.a.1f1
(2) Other..................................................................... 4055. . 19,003 1.a.1f2
(g) Loans to foreign governments and official institutions........................ 4056. . 0 1.a.1g
(h) Obligations (other than securities and leases) of states and political
subdivisions in the U.S.:
(1) Taxable obligations....................................................... 4503. . 28 1.a.1h1
(2) Tax-exempt obligations.................................................... 4504. . 725 1.a.1h2
(i) All other loans in domestic offices........................................... 4058. . 175 1.a.1i
(2) In foreign offices, Edge and Agreement subsidiaries, and IBFs..................... 4059. . 5,193 1.a.2
b. Income from lease financing receivables:
(1) Taxable leases.................................................................... 4505. . 21,059 1.b.1
(2) Tax-exempt leases................................................................. 4307. . 179 1.b.2
c. Interest income on balances due from depository institutions: (1)
(1) In domestic offices............................................................... 4105. . 403 1.c.1
(2) In foreign offices, Edge and Agreement subsidiaries, and IBFs..................... 4106. . 3,224 1.c.2
d. Interest and dividend income on securities:
(1) U.S. Treasury securities and U.S. Government agency obligations................... 4027. . 74,601 1.d.1
(2) Securities issued by states and political subdivisions in the U.S.:
(a) Taxable securities............................................................ 4506. . 35 1.d.2a
(b) Tax-exempt securities......................................................... 4507. . 3,549 1.d.2b
(3) Other domestic debt securities.................................................... 3657. . 202 1.d.3
(4) Foreign debt securities........................................................... 3658. . 0 1.d.4
(5) Equity securities (including investments in mutual funds)......................... 3659. . 4,448 1.d.5
e. Interest income from trading assets................................................... 4069. . 4,974 1.e.
- ---------------
(1) Includes interest income on time certificates of deposit not held for trading.
</TABLE>
3
<PAGE>
<TABLE>
<S> <C> <C> <C>
Norwest Bank Minnesota, N.A. Call Date: 6/30/97 ST-BK: 27-4095 FFIEC 031
Sixth Street and Marquette Avenue Page RI-2
Minneapolis, MN 55479 Vendor ID: D CERT : 05208
4
Transit Number: 91000019
</TABLE>
Schedule RI -- Continued
<TABLE>
<CAPTION>
Dollar Amounts in Thousands
- ----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
1. Interest income (continued)
f. Interest income on federal funds sold and securities purchased under RIAD Year-to-date
agreements to resell..................................................4020.. 101,833 . . . . . . 1.f.
g. Total interest income (sum of items 1.a through 1.f)..................4107.. 568,219 . . . . . . 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.. 1,424 . . . . . . 2.a.1a
(b) Nontransaction accounts:
(1) Money market deposit accounts (MMDAs).....................4509.. 19,930 . . . . . . 2.a.1b1
(2) Other savings deposits....................................4511.. 7,798 . . . . . . 2.a.1b2
(3) Time deposits of $100,000 or more.........................A517.. 4,825 . . . . . . 2.a.1b3
(4) Time deposits of less than $100,000.......................A518.. 47,018 . . . . . . 2.a.1b4
(2) Interest on deposits in foreign offices, Edge and Agreement
subsidiaries, and IBFs............................................4172.. 70,051 . . . . . . 2.a.2
b. Expense of federal funds purchased and securities sold under
agreements to repurchase..............................................4180.. 87,378 . . . . . . 2.b
c. Interest on demand notes issued to the U.S. Treasury, trading
liabilities, and other borrowed money.................................4185.. 21,541 . . . . . . 2.c
d. Not applicable
e. Interest on subordinated notes and debentures.........................4200.. 6 . . . . . . 2.e
f. Total interest expense (sum of items 2.a through 2.e).................4073.. 259,971 . . . . . . 2.f
3. Net interest income (item 1.g minus 2.f)...................................4074. . . . . . 308,248 3.
4. Provisions:
a. Provision for loan and lease losses...................................4230. . . . . . 28,501 4.a
b. Provision for allocated transfer risk.................................4243. . . . . . 0 4.b
5. Noninterest income:
a. Income from fiduciary activities......................................4070.. 112,382 . . . . . . 5.a
b. Service charges on deposit accounts in domestic offices...............4080.. 41,024 . . . . . . 5.b
c. Trading revenue (must equal Schedule RI, sum of Memorandum
items 8.a through 8.d)................................................A220.. 34,837 . . . . . . 5.c
d. Not applicable
e. Not applicable
f. Other noninterest income:
(1) Other fee income..................................................5407.. 62,590 . . . . . . 5.f.1
(2) All other noninterest income*.....................................5408.. 50,810 . . . . . . 5.f.2
g. Total noninterest income (sum of items 5.a through 5.f)...............4079. . . . . . 301,643 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. . . . . . 10,931 6.b
7. Noninterest expense:
a. Salaries and employee benefits........................................4135.. 138,272 . . . . . . 7.a
b. Expenses of premises and fixed assets (net of rental income)
(excluding salaries and employee benefits and mortgage interest)......4217.. 41,646 . . . . . . 7.b
c. Other noninterest expense*............................................4092.. 207,665 . . . . . . 7.c
d. Total noninterest expense (sum of items 7.a through 7.c)..............4093.. 387,583 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. . . . . . 204,738 8.
9. Applicable income taxes (on item 8)........................................4302. . . . . . 70,671 9.
10. Income (loss) before extraordinary items and other adjustments (item 8
minus 9)...................................................................4300. . . . . . 134,067 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. . . . . . 134,067 12.
</TABLE>
- ---------------
*Describe on Schedule RI-E -- Explanations.
4
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C> <C>
Norwest Bank Minnesota, N.A. Call Date: 6/30/97 ST-BK: 27-4095 FFIEC 031
Sixth Stree and Marquette Avenue Page RI-3
Minneapolis, MN 55479 Vendor ID: D CERT: 05208
5
Transit Number: 91000019
</TABLE>
Schedule RI - - Continued
<TABLE>
<CAPTION>
Memoranda I481 <-
Dollar Amounts in Thousands
- ---------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
1. Interest expense incurred to carry tax-exempt securities, loans, and leases acquired after RIAD Year-to-date
August 7, 1986, that is not deductible for federal income tax purposes........................... 4513. . 1 M.1
2. Income from the sale and servicing of mutual funds and annuities in domestic offices
(included in Schedule RI, item 8)................................................................ 8431. . 906 M.2
3. Not applicable
4. Not applicable
5. Number of full-time equivalent employees at end of current period (round to Number
nearest whole number)............................................................................ 4150. . 5,248 M.5
6. Not applicable
7. If the reporting bank has restated its balance sheet as a result of applying push down CCYY MM DD
accounting this calendar year, report the date of the bank's acquisition(1)________............... 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): RIAD Year-to-date
a. Interest rate exposures....................................................................... 8757. . 27,044 M.8.a
b. Foreign exchange exposures.................................................................... 8758. . 7,832 M.8.b
c. Equity security and index exposures........................................................... 8759. . 0 M.8.c
d. Commodity and other exposures................................................................. 8760. . (39) 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. . (1,609) M.9.a
b. Net (increase) decrease to interest expense................................................... 8762. . 8,591 M.9.b
c. Other (noninterest) allocations............................................................... 8763. . 953 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 YES NO
purposes for the 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. . N/A M.12
- --------------
(1) For example, a bank acquired on June 1, 1997, would report 19970601.
</TABLE>
* Describe on Schedule RI-E - Explanations.
5
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C> <C>
Norwest Bank Minnesota, N.A. Call Date: 6/30/97 ST-BK: 27-4095 FFIEC 031
Sixth Street and Marquette Avenue Page RI-4
Minneapolis, MN 55479 Vendor ID: D CERT: 05208
Transit Number: 91000019 6
</TABLE>
Schedule RI-A -- Changes in Equity Capital
Indicate decreases and losses in parentheses.
<TABLE>
<CAPTION>
I483 <-
Dollar Amounts in Thousands
----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
1. Total equity capital originally reported in the December 31, 1996, Reports of Condition
and Income........................................................................................ 3215. . 1,243,101 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. . 1,243,101 3.
4. Net income (loss) (must equal Schedule RI, item 12)............................................... 4340. . 134,067 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. . 66,000 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. . (1,592) 11.
12. Foreign currency translation adjustments ......................................................... 4414. . (14) 12.
13. Other transactions with parent holding company* (not included in items 5, 7, or 8 above) ......... 4415. . 30,757 13.
14. Total equity capital end of current period (sum of items 3 through 13) (must equal
Schedule RC, item 28) ............................................................................ 3210. . 1,340,319 14.
- ---------------
* Describe on Schedule RI-E -- Explanations.
</TABLE>
Schedule RI-B -- Charge-offs and Recoveries and Changes
in Allowance for Loan and Lease Losses
Part I. Charge-offs and Recoveries on Loans and Leases
Part I excludes charge-offs and recoveries through
the alloted transfer risk reserve.
<TABLE>
<CAPTION>
I486 <-
Dollar Amounts in Thousands
--------------------------------------
(Column A) (Column B)
Charge-offs Recoveries
--------------------------------------
Calendar year-to-date
--------------------------------------
RIAD RIAD
- --------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
1. Loans secured by real estate:
a. To U.S. addressees (domicile)......................................... 4651. . 1,030 4661. . 1,365 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. . 4 3.
4. Commercial and industrial loans:
a. To U.S. addressees (domicile)......................................... 4645. . 19,612 4617. . 2,667 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. . 1,364 4666. . 146 5.a
b. Other (includes single payment, installment, and all student loans)... 4657. . 4,627 4667. . 1,753 5.b
6. Loans to foreign governments and official institutions................... 4643. . 0 4627. . 25 6.
7. All other loans.......................................................... 4644. . 0 4628. . 0 7.
8. Lease financing receivables:
a. Of U.S. addressees (domicile)......................................... 4658. . 2,225 4668. . 427 8.a
b. Of non-U.S. addressees (domicile)..................................... 4659. . 0 4669. . 0 8.b
9. Total (sum of items 1 through 8)......................................... 4635. . 28,858 4605. . 6,387 9.
</TABLE>
6
<PAGE>
<TABLE>
<CAPTION>
<C> <C> <C> <C>
Norwest Bank Minnesota, N.A. Call Date: 6/30/97 ST-BK: 27-4095 FFIEC 031
Sixth Street and Marquette Avenue Page RI-5
Minneapolis, MN 55479 Vendor ID: D CERT: 05208
7
Transit Number: 910000019
</TABLE>
Schedule RI-B -- Continued
Part I. Continued
<TABLE>
Memoranda Dollar Amounts in Thousands
- ------------------------------------------------------------------------------------------------------------------------------------
------------------------calendar year-to-date--------------------------
(Column A) (Column B)
Charge-Offs Recoveries
------------------ ----------------
RIAD RIAD
---- ----
<S> <C> <C> <C> <C> <C>
1-3. Not applicable.
4. Loans to finance commercial real estate, construction, and land
development activities (not secured by real 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.. 14 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.. 0 M.5.c 1
(2) All other loans secured by 1-4 family residential properties.... 5413.. 1,030 5414.. 84 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.. 0 3591.. 1,267 M.5.e
</TABLE>
Part II. Changes in Allowance for Loan and Lease Losses
<TABLE>
<CAPTION>
Dollar Amounts in Thousands
- ------------------------------------------------------------------------------------------------------------------------------------
RIAD
----
<S> <C> <C> <C>
1. Balance originally reported in the December 31, 1996, Reports of Condition and Income........ 3124.. 213,930 1.
2. Recoveries (must equal part I, item 9, column B above)....................................... 4605.. 6,387 2.
3. LESS: Charge-offs (must equal part I, item 9, column A above)................................ 4635.. 28,858 3.
4. Provision for loan and lease losses (must equal Schedule RI, item 4.a)....................... 4230.. 28,501 4.
5. Adjustments * (see instructions for this schedule)........................................... 4815.. (666) 5.
6. Balance end of current period (sum of items 1 through 5) (must equal Schedule RC,
item 4.b).................................................................................... 3123.. 219,294 6.
</TABLE>
- --------------
* Describe on Schedule RI-E -- Explanations.
<PAGE>
<TABLE>
<S> <C> <C> <C> <C>
Norwest Bank Minnesota, N.A. Call Date: 6/30/97 ST-BK: 27-4095 FFIEC 031
Sixth Street and Marquette Avenue
Minneapolis, MN 55479 Vendor ID: D CERT: 05208 Page RI-6
Transit Number: 91000019 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
<TABLE>
<CAPTION> I492 <-
Dollar Amounts in Thousands
- ---------------------------------------------------------------------------------------------------------------------------
<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.. N/A 1.a
b. Interest expense booked.................................... 4838.. N/A 1.b
c. Net interest income booked at foreign offices, Edge and
Agreement subsidiaries, and IBFs (item 1.a minus 1.b)...... 4839.. N/A 1.c
2. Adjustments for booking location of international operations:
a. Net interest income attributable to international
operations booked at domestic offices...................... 4840.. N/A 2.a
b. Net interest income attributable to domestic business
booked at foreign offices.................................. 4841.. N/A 2.b
c. Net booking location adjustment (item 2.a minus 2.b)....... 4842.. N/A 2.c
3. Noninterest income and expense attributable to international
operations:
a. Noninterest income attributable to international
operations................................................. 4097.. N/A 3.a
b. Provision for loan and lease losses attributable to
international operations................................... 4235.. N/A 3.b
c. Other noninterest expense attributable to international
operations................................................. 4239.. N/A 3.c
d. Net noninterest income (expense) attributable to
international operations (item 3.a minus 3.b and 3.c)...... 4843.. N/A 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.. N/A 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.. N/A 5.
6. Estimated pretax income attributable to international operations
after capital allocation adjustment (sum of items 4 and 5)......... 4846.. N/A 6.
7. Income taxes attributable to income from international operations
as estimated in item 6............................................. 4797.. N/A 7.
8. Estimated net income attributable to international operations
(item 6 minus 7)................................................... 4341.. N/A 8.
</TABLE>
Memoranda
<TABLE>
<CAPTION>
Dollar Amounts in Thousands
- ---------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
1. Intracompany interest income included in item 1.a above............ 4847.. N/A M.1
2. Intracompany interest expense included in item 1.b above........... 4848.. N/A 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>
<CAPTION>
Dollar Amounts in Thousands
- ---------------------------------------------------------------------------------------------------------------------------
RIAD Year-to-date
----
<S> <C> <C> <C>
1. Interest income booked at IBFs..................................... 4849.. N/A 1
2. Interest expense booked at IBFs.................................... 4850.. N/A 2
3. Noninterest income attributable to international operations
booked at domestic offices (excluding IBFs):
a. Gains (losses) and extraordinary items..................... 5491.. N/A 3.a
b. Fees and other noninterest income.......................... 5492.. N/A 3.b
4. Provision for loan and lease losses attributable to international
operations booked at domestic offices (excluding IBFs)............. 4852.. N/A 4.
5. Other noninterest expense attributable to international operations
booked at domestic offices (excluding IBFs)........................ 4853.. N/A 5.
</TABLE>
8
<PAGE>
<TABLE>
<S> <C> <C> <C> <C>
Norwest Bank Minnesota, N.A. Call Date: 6/30/97 ST-BK: 27-4095 FFIEC 031
Sixth Street and Marquette Avenue
Minneapolis, MN 55479 Vendor ID: D CERT: 05208 Page RI-6
Transit Number: 91000019
9
</TABLE>
SCHEDULE RI-E--EXPLANATIONS
Schedule RI-E is to be completed each quarter on a calender 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.)
<TABLE>
<CAPTION> I495 <-
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): RAID Year-to-date
----
a. Net gains (losses) on other real estate owned ........................................ 5415.. N/A 1.a
b. Net gains (losses) on sales of loans ................................................. 5416.. N/A 1.b
c. Net gains (losses) on sales of premises and fixed assets ............................. 5417.. N/A 1.c
Itemized and describe the three largest other amounts that exceed 10% of Schedule RI,
item 5.f.(2):
TEXT RIAD
---- ----
d. 4461: Gain on sale of loan servicing rights ........................................ 4461.. 26,556 1.d
e. 4462: Processing fees .............................................................. 4462.. 11,899 1.e
f. 4463: Gain on redemption of preferred stock ........................................ 4463.. 7,278 1.f
2. Other noninterest expense (from Schedule R1, item 7.c):
a. Amortization expense of intangible assets ............................................ 4531.. 475 2.a
Report amounts that exceed 10% of Schedule RI, item 7.c:
b. Net (gains) losses on other real estate owned ........................................ 5418.. N/A 2.b
c. Net (gains) losses on sales of loans ................................................. 5419.. N/A 2.c
d. Net (gains) losses on sales of premises and fixed assets ............................. 5420.. N/A 2.d
Itemize and describe the three largest other amounts that exceed 10% of Schedule RI,
item 7.c:
TEXT RIAD
---- ----
e. 4464: Processing fees................................................................. 4464.. 77,396 2.e
f. 4467: ................................................................................ 4467.. N/A 2.f
g. 4468: ................................................................................ 4468.. N/A 2.g
3. Extraordinary items and other adjustments and applicable income tax effect
(from Schedule RI, item 11) (itemize and describe all extraordinary items and
other adjustments):
TEXT RIAD
---- ----
a. (1) 4469: ............................................................................ 4469.. 0 3.a.1
(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.1
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.. N/A 4.a
b. 4493: ................................................................................ 4493.. N/A 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. A546: Effect of change to GAAP from previous non-GAAP instructions................... A546.. 0 5.a
b. 4495: ................................................................................ 4495.. N/A 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.. N/A 6.a
b. 4497: ................................................................................ 4497.. N/A 6.b
</TABLE>
9
<PAGE>
<TABLE>
<S> <C> <C> <C> <C>
Norwest Bank Minnesota, N.A. Call Date: 6/30/97 ST-BK: 27-4095 FFIEC 031
Sixth Street and Marquette Avenue
Minneapolis, MN 55479 Vendor ID: D CERT: 05208 Page RI-8
Transit Number: 91000019 10
</TABLE>
Schedule RI-E--Continued
<TABLE>
<CAPTION>
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.. N/A 7.a
b. 4499: .............................................................................. 4499.. N/A 7.b
8. Adjustments to allowance for loan and lease losses (from Schedule RI-B, part II, item 5)
(itemize and describe all adjustments):
Text
----
a. 4521: Sales of loans ................................................................ 4521.. (666) 8.a
b. 4522: ............................................................................... 4522.. N/A 8.b
9. Other explanations (the space below is provided for the bank to briefly describe, at its I498 I499 <-
option, any other significant items affecting the Report of Income):
No comment X (RIAD 4769)
---
Other explanations (please type or print clearly):
(TEXT 4769)
</TABLE>
10
<PAGE>
<TABLE>
<S> <C> <C> <C> <C>
Norwest Bank Minnesota, N.A. Call Date: 6/30/97 ST-BK: 27-4095 FFIEC 031
Sixth Street and Marquette Avenue Page RC-1
Minneapolis, MN 55479 Vendor ID: D CERT: 05208
11
Transit Number: 91000019
</TABLE>
CONSOLIDATED REPORT OF CONDITION FOR INSURED
COMMERCIAL AND STATE-CHARTERED SAVINGS BANKS FOR JUNE 30, 1997
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
<TABLE>
<CAPTION>
C400 <-
Dollar Amounts in ThousandS
- ----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
ASSETS
1. Cash and balances due from depository institutions (from Schedule RC-A): RCFD
----
a. Noninterest-bearing balances and currency and coin(1)................................. 0081.. 1,344,847 1.a
b. Interest bearing balances(2).......................................................... 0071.. 3,589 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.. 2,066,258 2.b
3. Federal funds sold and securiites purchased under agreements to resell..................... 1350.. 4,217,807 3.
4. Loans and lease financing receivables: RCFD
----
a. Loans and leases, net of unearned income (from Schedule RC-C)... 2122.. 10,318,263 .......... 4.a
b. LESS: Allowance for loan and lease losses....................... 3123.. 219,294 .......... 4.b
c. LESS: Allocated transfer risk reserve........................... 3128.. 0 .......... 4.c
d. Loans and leases, net of unearned income, allowance, and reserve (item 4.a minus 4.b
and 4.c).............................................................................. 2125.. 10,098,969 4.d
5. Trading assets (from Schedule RC-D)........................................................ 3545.. 868,473 5.
6. Premises and fixed assets (including capitalized leases)................................... 2145.. 115,705 6.
7. Other real estate owned (from Schedule RC-M)............................................... 2150.. 7,223 7.
8. Investments in unconsolidated subsidiaries and associated companies (from Schedule
RC-M)...................................................................................... 2130.. 0 8.
9. Customers' liability to this bank on acceptances outstanding............................... 2155.. 24,514 9.
10. Intangible assets (from Schedule RC-M)..................................................... 2143.. 11,925 10.
11. Other assets (from Schedule RC-F).......................................................... 2160.. 280,396 11.
12. Total assets (sum of items 1 through 11)................................................... 2170.. 19,039,706 12.
</TABLE>
- ---------------
(1) Includes cash items in process of collection and unposted debits.
(2) Includes time certificates of deposit not held for trading.
<PAGE>
<TABLE>
<S> <C> <C> <C>
Norwest Bank Minnesota, N.A. Call Date: 6/30/97 ST-BK: 27-4095 FFIEC 031
Sixth Street and Marquette Avenue Page RC-1
Minneapolis, MN 55479 Vendor ID: D CERT: 05208
12
Transit Number: 91000019
</TABLE>
SCHEDULE RC - CONTINUED
<TABLE>
<CAPTION>
Dollar Amounts in Thousands
- ---------------------------------------------------------------------------------------------------------------------------------
<S> <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)...................................................................... 2200.. 8,605,498 13.a
RCON
----
(1) Noninterest-bearing(1)...........................6631.. 3,610,804 13.a.1
(2) Interest-bearing.................................6636.. 4,994,694 13.a.2
RCFN
b. In foreign offices, Edge and Agreement subsidiaries, and IBFs ----
(from Schedule RC-E, part II)................................................ 2200.. 3,720,098 13.b
RCFN
----
(1) Noninterest-bearing..............................6631.. 16,099 13.b.1
(2) Interest-bearing.................................6636.. 3,703,999 13.b.2
RCFD
----
14. Federal funds purchased and securities sold under agreements to repurchase...... 2800.. 4,198,790 14.
RCON
----
15. a. Demand notes issued to the U.S. Treasury..................................... 2840.. 298,825 15.a
RCFD
----
b. Trading liabilities (from Schedule RC-D)..................................... 3548.. 21,752 15.b
16. Other borrowed money (includes mortgage indebtedness and obligations under
capitalized leases):
a. With a remaining maturity of one year or less............................... 2332.. 120,120 16.a
b. With a remaining maturity of more than one year through three years......... A547.. 5,531 16.b
c. With a remaining maturity of more than three years........................... A548.. 203,567 16.c
17. Not applicable
18. Bank's liability on acceptances executed and outstanding....................... 2920.. 24,514 18.
19. Subordinated notes and debentures(2)........................................... 3200.. 188 19.
20. Other liabilities (from Schedule RC-G)......................................... 2930.. 500,504 20.
21. Total liabilities (sum of items 13 through 20)................................. 2948.. 17,699,387 21.
22. Not applicable
EQUITY CAPITAL
RCFD
----
23. Perpetual preferred stock and related surplus.................................. 3838.. 0 23.
24. Common stock................................................................... 3230.. 100,000 24.
25. Surplus (exclude all surplus related to preferred stock)....................... 3839.. 637,166 25.
26. a. Undivided profits and capital reserves...................................... 3632.. 593,963 26.a
b. Net unrealized holding gains (losses) on available-for-sale securities...... 8434.. 9,550 26.b
27. Cumulative foreign currency translation adjustments............................ 3284.. (360) 27.
28. Total equity capital (sum of items 23 through 27).............................. 3210.. 1,340,319 28.
29. Total liabilities and equity capital (sum of items 21 and 28)................. 3300.. 19,039,706 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 auditing work performed for the bank Number
------
RCFD
----
by independent external auditors as of any date during 1996.................... 6724.. N/A M.1
</TABLE>
<TABLE>
<CAPTION>
<S> <C>
1 = Independent audit of the bank conducted in accordance 4 = Directors' examination of the bank performed by other
with generally accepted auditing standards by a certified external auditors (may be required by state chartering
public accounting firm which submits a report on the bank authority)
2 = Independent audit of the bank's parent holding company 5 = Review of the bank's financial statements by external
conducted in accordance with generally accepted auditing auditors
standards by a certified public accounting firm which 6 = Compilation of the bank's financial statements by external
submits a report on the consolidated holding company auditors
(but not on the bank separately) 7 = Other audit procedures (excluding tax preparation work)
3 = Directors' examination of the bank conducted in 8 = No external audit work
accordance with generally accepted auditing standards
by a certified public accounting firm (may be required
by state chartering authority)
</TABLE>
- ---------------
(1) Includes total demand deposits and noninterest-bearing time and savings
deposits.
(2) Includes limited-life preferred stock and related surplus.
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C> <C>
Norwest Bank Minnesota, N.A. Call Date: 6/30/97 ST-BK: 27-4095 FFIEC 031
Sixth Street and Marquette Avenue Page RC-3
Minneapolis, MN 55479 Vendor ID: D Cert: 05208
Transit Number: 91000019 13
</TABLE>
SCHEDULE RC-A -- CASH AND BALANCES DUE FROM DEPOSITORY INSTITUTIONS
EXCLUDE ASSETS HELD FOR TRADING.
<TABLE>
<CAPTION>
C405 <-
Dollar Amounts in Thousands
- ----------------------------------------------------------------------------------------------------------------------------------
(Column A) (Column B)
Consolidated Bank Domestic Offices
-------------------------------------------------
RCFD RCON
- ----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
1. Cash items in process of collection, unposted debits, and currency
and coin ................................................................... 0022. 1,231,386 1.
a. Cash items in process of collection and unposted debits.................. ......... 0020.. 1,116,096 1.a
b. Currency and coin........................................................ ......... 0080.. 110,985 1.b
2. Balances due from depository institutions in the U.S. ...................... ......... 0082.. 44,855 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. 45,422 ....... 2.b
3. Balances due from banks in foreign countries and foreign central banks...... ......... 0070.. 10,679 3.
a. Foreign branches of other U.S. banks..................................... 0073. 0 ....... 3.a
b. Other banks in foreign countries and foreign central banks............... 0074. 11,559 ....... 3.b
4. Balances due from Federal Reserve Banks..................................... 0090. 60,069 0090.. 59,819 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. 1,348,436 0010.. 1,342,434 5.
</TABLE>
Memorandum
<TABLE>
Dollar Amounts in Thousands
- ------------------------------------------------------------------------------------------------------------------------------
RCON
----
<S> <C> <C> <C>
1. Noninterest-bearing balances due from commercial banks in the U.S. (included in item
2, and column B above)........................................................................ 0050.. 41,266 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 Cost Fair Value(1)
---------------- ---------------- ------------------ -----------------
RCFD RCFD RCFD RCFD
-------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1. U.S. Treasury securities.......... 0211.. 0 0213.. 0 1286.. 1,327,447 1287.. 1,325,432 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.. 5,307 1298.. 5,279 2.b
</TABLE>
- ---------------
(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.
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C>
Norwest Bank Minnesota, N.A. Call Date: 6/30/97 ST-BK: 27-4095 FFIEC 031
Sixth Street and Marquette Avenue Page RC-4
Minneapolis, MN 55479 Vendor ID: D Cert: 05208
Transit Number : 91000019 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(1)
--------------- ---------------- -------------- --------------
--------------------------------------------------------------------------
<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.. 44,936 1679.. 47,167 3.a
b. Revenue obligations............................... 1681.. 0 1686.. 0 1690.. 79,937 1691.. 86,292 3.b
c. Industrial development and similar obligations.... 1694.. 0 1695.. 0 1696.. 4,520 1697.. 5,217 3.c
4. Mortgage-backed securities (MBS):
a. Pass-through securities:
(1) Guaranteed by GNMA............................ 1698.. 0 1699.. 0 1701.. 64,066 1702.. 65,966 4.a.1
(2) Issued by FNMA and FHLMC...................... 1703.. 0 1705.. 0 1706.. 358,302 1707.. 365,150 4.a.2
(3) Other pass-through securities................. 1709.. 0 1710.. 0 1711.. 60 1713.. 62 4.a.3
b. Other mortgage-backed securities (include CMOs,
REMICs, and stripped MBS):
(1) Issued or guaranteed by FNMA, GNMA............ 1714.. 0 1715.. 0 1716.. 26,290 1717.. 25,672 4.b.1
(2) Collateralized by MBS issued or guaranteed by
FNMA, FHLMC, or GNMA.......................... 1718.. 0 1719.. 0 1731.. 54 1732.. 55 4.b.2
(3) All other mortgage-backed securities.......... 1733.. 0 1734.. 0 1735.. 2,515 1736.. 2,530 4.b.3
5. Other debt securities:
a. Other domestic debt securities.................... 1737.. 0 1738.. 0 1739.. 4,938 1741.. 4,955 5.a
b. Foreign debt securities........................... 1742.. 0 1743.. 0 1744.. 0 1746.. 0 5.b
6. Equity securities:
a. Investments in mutual funds and other equity
securities with readily determinable fair values.....................................A510.. 2,802 A511.. 2,802 6.a
b. All other equity securities(1).......................................................1752.. 129,679 1753.. 129,679 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).................... 1754.. 0 1771.. 0 1772 2,050,853 1773 2,066,258 7.
</TABLE>
- -----------------
(1) Includes equity securities without readily determinable fair values at
historical cost in item 6.b, column D.
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C> <C>
Norwest Bank Minnesota, N.A. Call Date: 6/30/97 ST-BK: 27-4095 FFIEC 031
Sixth Street and Marquette Avenue Page RC-5
Minneapolis, MN 55479 Vendor ID: D Cert: 05208
Transit Number: 91000019 15
</TABLE>
SCHEDULE RC-B -- CONTINUED
Memoranda
<TABLE>
<CAPTION>
C412 <-
Dollar Amounts in Thousands
- --------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
1. Pledged securities (2).......................................................... 0416 319,663 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)
(1) Three months or less................................................... A549.. 4,421 M.2.a.1
(2) Over three months through 12 months.................................... A550.. 9,791 M.2.a.2
(3) Over one year through three years...................................... A551.. 197,252 M.2.a.3
(4) Over three years through five years.................................... A552.. 182,278 M.2.a.4
(5) Over five years through 15 years....................................... A553.. 976,913 M.2.a.5
(6) Over 15 years.......................................................... A554.. 103,687 M.2.a.6
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.. 30,881 M.2.b.1
(2) Over three months through 12 years..................................... A556.. 37,142 M.2.b.2
(3) Over one year through three years...................................... A557.. 118 M.2.b.3
(4) Over three years through five years.................................... A558.. 21,838 M.2.b.4
(5) Over five years through 15 years....................................... A559.. 18,269 M.2.b.5
(6) Over 15 years.......................................................... A560.. 322,930 M.2.b.6
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.. 14,309 M.2.c.1
(2) Over three years....................................................... A562.. 13,948 M.2.c.2
d. Fixed rate AND floating rate debt securities with a REMAIMIMG MATURITY of
one year or less (included in Memorandum items 2.a. through 2.c above...... A248.. 14,044 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.. 60 M.8.a
b. Fair value................................................................. 8781 62 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.. 2,601 M.9.a
b. Fair value................................................................. 8783.. 2,576 M.9.b
</TABLE>
- ---------------
(1) Includes 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 item 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.
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C> <C>
Norwest Bank Minnesota, N.A. Call Date: 6/30/97 ST-BK: 27-4095 FFIEC 031
Sixth Street and Marquette Avenue Page RC - 6
Minneapolic, MN 55479 Vendor ID: D CERT: 05208
16
Transit Number: 91000019
</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.
<TABLE>
<CAPTION>
C415 <-
Dollar Amounts in Thousands
- -------------------------------------------------------------------------------------------------------------------------
(Column A) (Column B)
RCFD CONSOLIDATED BANK RCON DOMESTIC OFFICES
---- ----------------- ---- ----------------
<S> <C> <C> <C> <C> <C>
1. Loans secured by real estate:.......................... 1410. . 4,399,295 . . . . . 1.
a. Construction and land development................... . . . . . 1415. . 83,560 1.a
b. Secured by farmland (including farm
residential and other improvements)................. . . . . . 1420. . 969 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. . 117,203 1.c1
(2) All other loans secured by 1-4 family
residential properties:
(a) Secured by first liens...................... . . . . . 5367. . 3,456,411 1.c2a
(b) Secured by junior liens..................... . . . . . 5368. . 329,941 1.c2b
d. Secured by multifamily (5 or more) residential
properties.......................................... . . . . . 1460. . 54,105 1.d
e. Secured by nonfarm nonresidential properties........ . . . . . 1480. . 357,106 1.e
2. Loans to depository institutions:
a. To commercial banks in the U.S...................... . . . . . 1505. . 315,565 2.a
(1) To U.S. branches and agencies of foreign banks.. 1506. . 0 . . . . . 2.a1
(2) To other commercial banks in the U.S............ 1507. . 326,454 . . . . . 2.a2
b. To other depository institutions in the U.S......... 1517. . 0 1517. . 0 2.b
c. To banks in foreign countries ...................... . . . . . 1510. . 62 2.c
(1) To foreign branches of other U.S. banks......... 1513. . 8,770 2.c1
(2) To other banks in foreign countries............. 1516. . 65,368 . . . . . 2.c2
3. Loans to finance agricultural production and . . . . .
other loans to farmers................................. 1590. . 4,911 1590. . 4,911 3.
4. Commercial and industrial loans:
a. To U.S. addressees (domicile)....................... 1763. . 3,341,956 1763. . 3,337,169 4.a
b. To non-U.S. addressees (domicile)................... 1764. . 56,981 1764. . 152 4.b
5. Acceptances of other banks:
a. Of U.S. banks....................................... 1756. . 0 1756. . 0 5.a
b. Of foreign banks.................................... 1757. . 6,214 1757. . 6,214 5.b
6. Loans to individuals for household, family, and other
personal expenditures (i.e., consumer loans) (includes
purchased paper)....................................... . . . . . 1975. . 777,560 6.
a. Credit cards and related plans (includes check
credit and other revolving credit plans)............ 2008. . 198,784 . . . . . 6.a
b. Other (includes single payment, installment, and
all student loans).................................. 2011. . 579,502 . . . . . 6.b
7. Loans to foreign governments and official institutions
(including foreign central banks)...................... 2081. . 5,000 2081. . 5,000 7.
8. Obligations (other than securities and leases) of
states and political subdivisions in the U.S. (includes
nonrated industrial development obligations)........... 2107. . 19,605 2017. . 19,605 8.
9. Other loans............................................ 1563. . 636,621 . . . . . 9.
a. Loans for purchasing or carrying securities
(secured and unsecured)............................. . . . . . 1545. . 69,502 9.a
b. All other loans (exclude consumer loans)............ . . . . . 1564. . 567,119 9.b
10. Lease financing receivables (net of unearned income)... 2165. . 670,980 10.
a. Of U.S. addressees (domicile)....................... 2182. . 670,980 . . . . . 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. . 2,178 2123. . 1,239 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. . 10,318,263 2122. . 10,171,895 12.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C> <C>
Norwest Bank Minnesota, N.A. Call Date: 6/30/97 ST-BK: 27-4095 FFIEC 031
Sixth Street and Marquette Avenue Page RC-7
Minneapolis, MN 55479 Vendor ID: D CERT: 05208
17
Transit Number: 91000019
</TABLE>
SCHEDULE RC-C - CONTINUED
PART I. CONTINUED
Memoranda
<TABLE>
<CAPTION>
Dollar Amounts in Thousands
- -----------------------------------------------------------------------------------------------------------------------------------
RCFD
----
<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.a1
(2) To non-U.S. addressees (domicile)............................................... 1689.. 0 M.2.a2
b. All other loans and all lease financing receivables (exclude loans to individuals
for household, family, and other personal expenditures).............................. 8691.. 0 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.. 0 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 with a remaining maturity or repricing frequency of:(1,2) RCON
----
(1) Three months or less............................................................ A564.. 2,946,463 M.3.a1
(2) Over three months through 12 months............................................. A565.. 239,025 M.3.a2
(3) Over one year through three years............................................... A566.. 21,988 M.3.a3
(4) Over three years through five years............................................. A567.. 16,361 M.3.a4
(5) Over five years through 15 years................................................ A568.. 147,874 M.3.a5
(6) Over 15 years................................................................... A569.. 77,828 M.3.a6
b. All loans and leases other than closed-end loans secured by first liens on 1-4
family residential properties with a remaining maturity or
repricing frequency of (1,3) RCFD
----
(1) Three months or less............................................................ A570.. 3,125,145 M.3.b1
(2) Over three months through 12 months............................................. A571.. 982,824 M.3.b2
(3) Over one year through three years............................................... A572.. 1,118,577 M.3.b3
(4) Over three years through five years............................................. A573.. 813,933 M.3.b4
(5) Over five years through 15 years................................................ A574.. 692,812 M.3.b5
(6) Over 15 years................................................................... A575.. 82,235 M.3.b6
c. Fixed rate AND floating rate loans and leases with a REMAINING MATURITY of one
year or less (included in Memorandum items 3.a and 3.b above)........................ A247.. 6,576,342 M.3.c
d. Fixed rate AND floating rate loans secured by nonfarm nonresidential properties RCON
in domestic offices (4) with a REMAINING MATURITY of over five years (included in ----
Memorandum item 3.b above)........................................................... A577.. 113,288 M.3.d
e. Fixed rate AND floating rate commercial and industrial loans (5) with a REMAINING
RCFD
----
MATURITY of over three years (included in Memorandum item 3.b above)................. A578.. 1,059,883 M.3.e
</TABLE>
- ---------------
(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 in domestic offices 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 of 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.
(4) As defined for Schedule RC-C, part I, item 1.e., column B.
(5) As defined for Schedule RC-C, part I, item 4., column A.
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C> <C>
Norwest Bank Minnesota, N.A. Call Date: 6/30/97 ST-BK: 27-4095 FFIEC 031
Sixth Street and Marquette Avenue Page RC-8
Minneapolis, MN 55479 Vendor ID: D CERT: 05208
18
Transit Number: 91000019
</TABLE>
Schedule RC-C -- Continued
Part I. Continued
Memoranda (continued)
<TABLE>
<CAPTION>
Dollar Amounts in Thousands
- ----------------------------------------------------------------------------------------------------------------------------------
RCON
----
<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.. 0 M.4
5. Loans and leases held for sale (included in Schedule RC-C, part I, page RC-6)........... 5369.. 2,818,244 M.5
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.. 283,239 M.6
</TABLE>
- ---------------
(1) Exclude loans secured by real estate that are included in Schedule RC-C,
part I, items 1.a through 1.e.
Schedule RC-D -- Trading Assets and Liabilities
Schedule RC-D is to be completed only 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).
<TABLE>
<CAPTION>
C420 <-
Dollar Amounts in Thousands
- ----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
ASSETS
RCON
----
1. U.S. Treasury securities in domestic offices........................................... 3531.. 658,660 1.
2. U.S. Government agency obligations in domestic offices (exclude mortgage-backed
securities)............................................................................ 3532.. N/A 2.
3. Securities issued by states and political subdivisions in the U.S. in domestic
offices................................................................................ 3533.. N/A 3.
4. Mortgage-backed securities (MBS) in domestic offices:
a. Pass-through securities issued or guaranteed by FNMA, FHLMC, or GNMA................ 3534.. 187,951 4.a
b. Other mortgage-backed securities issued or guaranteed by FNMA, FHLMC, or GNMA
(include CMOs, REMICs, and stripped MBS)............................................ 3535.. N/A 4.b
c. All other mortgage-backed securities................................................ 3536.. N/A 4.c
5. Other debt securities in domestic offices.............................................. 3537.. N/A 5.
6. Certificates of deposit in domestic offices............................................ 3538.. N/A 6.
7. Commercial paper in domestic offices................................................... 3539.. N/A 7.
8. Bankers acceptances in domestic offices................................................ 3540.. N/A 8.
9. Other trading assets in domestic offices............................................... 3541.. N/A 9.
RCFN
----
10. Trading assets in foreign offices...................................................... 3542.. N/A 10.
11. Revaluation gains on interest rate, foreign exchange rate, and other commodity and
equity contracts:
RCON
----
a. In domestic offices................................................................. 3543.. 21,862 11.a
RCFM
----
b. In foreign offices.................................................................. 3543.. N/A 11.b
RCFD
----
12. Total trading assets (sum of items 1 through 11) (must equal Schedule RC, item 5)...... 3545.. 868,473 12.
LIABILITIES
13. Liability for short positions.......................................................... 3546.. N/A 13.
14. Revaluation losses on interest rate, foreign exchange rate, and other commodity and
equity contracts....................................................................... 3547.. 21,752 14.
15. Total trading liabilities (sum of items 13 and 14) (must equal Schedule RC, item
15.b).................................................................................. 3548.. 21,752 15.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C> <C>
Norwest Bank Minnesota, N.A. Call Date: 6/30/97 ST-BK: 27-4095 FFIEC 031
Sixth Street and Marquette Avenue Page RC-8a
Minneapolis, MN 55479 Vendor ID: D CERT: 05208
18a
Transit Number: 91000019
</TABLE>
SCHEDULE RC-C -- CONTINUED
PART II. LOANS TO SMALL BUSINESSES AND SMALL FARMS
Schedule RC-C, Part II is to be reported only with the June Report of
Condition.
Report the number and amount currently outstanding as of June 30 of business
loans with "original amounts" of $1,000,000 or less and farm loans with
"original amounts" of $500,000 or less. The following guidelines should be
used to determine the "original amount" of a loan: (1) For loans drawn down
under lines of credit or loan commitments, the "original amount" of the loan is
the size of the line of credit or loan commitment when the line of credit or
loan commitment was most recently approved, extended, or renewed prior to the
report date. However, if the amount currently outstanding as of the report date
exceeds this size, the "original amount" is the amount currently outstanding on
the report date. (2) For loan participations and syndications, the "original
amount" of the loan participation or syndication is the entire amount of the
credit originated by the lead lender. (3) For all other loans, the "original
amount" is the total amount of the loan at origination or the amount currently
outstanding as of the report date, whichever is larger.
<TABLE>
<S> <C>
Loans to Small Businesses
1. Indicate in the appropriate box at the right whether all or substantially
all of the dollar volume of your bank's "Loans secured by nonfarm
nonresidential properties" in domestic offices reported in Schedule RC-C, C418 <-
part I, item 1.e, column B, and all or substantially all of the dollar
volume of your bank's "Commercial and industrial loans to U.S. addresses" RCON YES NO
in domestic offices reported in Schedule RC-C, part I, item 4.a, column B, ---- --- ---
have original amounts of $100,000 or less (If your bank has no loans
outstanding in both of these two loan categories, place an "X" in the box
marked "NO".)..................................................................... 6999.. X 1.
If YES, complete items 2.a and 2.b below, skip items 3 and 4, and go to item 5.
If NO and your bank has loans outstanding in either loan category, skip items
2.a and 2.b, complete items 3 and 4 below, and go to item 5.
If NO and your bank has no loans outstanding in both loan categories, skip
items 2 through 4, and go to item 5.
2. Report the total number of loans currently outstanding for each of the Number of Loans
following Schedule RC-C, part I, loan categories: ------------------
a. "Loans secured by nonfarm nonresidential properties" in domestic offices RCON
reported in Schedule RC-C, part I, item 1.e, column B (Note: Item 1.e, ----
column B, divided by the number of loans should NOT exceed $100,000.)... 5562.. N/A 2.a
b. "Commercial and industrial loans to U.S. addressees" in domestic offices
reported in Schedule RC-C, part I, item 4.a, column B (Note: Item 4.a, 5563.. N/A 2.b
column B, divided by the number of loans should NOT exceed $100,000.)...
Dollar Amounts in Thousands
----------------------------------------
(Column A) (Column B)
Amount
Currently
Number of Loans Outstanding
------------------ -------------------
RCON RCON
- -----------------------------------------------------------------------------
3. Number and amount currently outstanding of "Loans secured by nonfarm
nonresidential properties" in domestic offices reported in Schedule RC-C,
part I, item 1.e, column B (sum of items 3.a through 3.c must be less than
or equal to Schedule RC-C, part I, item 1.e, column B):
a. With original amounts of $100,000 or less .............................. 5564.. 197 5565.. 7,124 3.a
b. With original amounts of more than $100,000 through $250,000 ........... 5566.. 291 5567.. 33,979 3.b
c. With original amounts of more than $250,000 through $1,000,000 ......... 5568.. 371 5569.. 133,049 3.c
4. Number and amount currently outstanding of "Commercial and industrial loans
to U.S. addressees" in domestic offices reported in Schedule RC-C, part I,
item 4.a, column B (sum of items 4.a through 4.c must be less than or equal
to Schedule RC-C, part I, item 4.a, column B):
a. With original amounts of $100,000 or less ............................... 5570.. 5,416 5571.. 229,282 4.a
b. With original amounts of more than $100,000 through $250,000 ........... 5572.. 2,079 5573.. 299,430 4.b
c. With original amounts of more than $250,000 through $1,000,000 ......... 5574.. 2,038 5575.. 875,749 4.c
----------------------------------------
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C>
Norwest Bank Minnesota, N.A. Call Date: 6/30/97 ST-BK: 27-4095 FFIEC 031
Sixth Street and Marquette Avenue Page RC-8b
Minneapolis, MN 55479 Vendor ID: D CERT: 05208
18b
Transit Number: 91000019
</TABLE>
SCHEDULE RC-C -- CONTINUED
PART II. CONTINUED
<TABLE>
<S> <C> <C> <C>
AGRICULTURAL LOANS TO SMALL FARMS
5. Indicate in the appropriate box at the right whether all or
substantially all of the dollar volume of your bank's "Loans
secured by farmland (including farm residential and other
improvements)" in domestic offices reported in Schedule RC-C,
part I, item 1.b, column B, and all or substantially all of the dollar
volume of your bank's "Loans to finance agricultural production
and other loans to farmers" in domestic offices reported in
Schedule RC-C, part I, item 3, column B, have original amounts
of $100,000 or less (If your bank has no loans outstanding in RCON YES NO
both of these two loan categories, place an "X" in the box marked ---- ----
"NO".)............................................................. 6860.. X 5.
If YES, complete items 6.a and 6.b below and do not complete items 7 and 8.
If NO and your bank has loans outstanding in either loan category, skip items
6.a and 6.b and complete items 7 and 8 below. If NO and your bank has no loans
outstanding in both loan categories, do not complete items 6 through 8.
</TABLE>
<TABLE>
<S> <C> <C> <C>
6. Report the total number of loans currently
outstanding for each of the following Schedule
RC-C, part I, loan categories:
a. "Loans secured by farmland (including farm
residential and other improvements)" in
domestic offices reported in Schedule Number of Loans
RC-C, part I, item 1.b, column B, ---------------
(Note: Item 1.b, column B, divided by RCON
the number of loans should NOT exceed
$100,000.).................................................
b. "Loans to finance agricultural production 5576.. N/A 6.a
and other loans to farmers" in domestic offices reported
in Schedule RC-C, part I, item 3, column B, (Note: Item
3, column B, divided by the number of loans should
NOT exceed $100,000.).....................................
5577.. N/A 6.b
</TABLE>
<TABLE>
<CAPTION>
Dollar amounts in Thousands
- ----------------------------------------------------------------------------------------------------------------------------------
(Column A) (Column B)
Number of Loans Amount Currently Outstanding
- ----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
7. Number and amount currently outstanding of "Loans secured by
farmland (including farm residential and other improvements)"
in domestic offices reported in Schedule RC-C, part I, item
1.b (sum of items 7.a through 7.c must be less than RCON RCON
or equal to Schedule RC-C, part I, item 1.b, column B): ---- ----
a. With original amounts of $100,000 or less................. 5578.. 8 5579.. 297 7.a
b. With original amounts of more than $100,000 through
$250,000.................................................. 5580.. 3 5581.. 164 7.b
c. With original amounts of more than $250,000
through $500,000.......................................... 5582.. 0 5583.. 0 7.c
8. Number and amount currently outstanding of "Loans to finance
agricultural production and other loans to farmers" in domestic
offices reported in Schedule RC-C, part I, item 3,
(sum of items 8.a through 8.c must be less than or equal to RCON RCON
Schedule RC-C, part I, item 3, column B): ---- ----
a. With original amounts of $100,000 or less.................. 5584.. 326 5585.. 3,130 8.a
b. With original amounts of more than $100,000 through
$250,000.................................................. 5586.. 3 5587.. 208 8.b
c. With original amounts of more than $250,000 through
$500,000.................................................. 5588.. 3 5589.. 944 8.c
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C> <C>
Call Date: 6/30/97 ST-BK: 27-4095 FFIEC 031
Norwest Bank Minnesota, N.A. Page RC-9
Sixth Street and Marquette Avenue Vendor ID: D CERT: 05208
Minneapolis, MN 55479 19
Transit Number: 91000019
Schedule RC-E -- Deposit Liabilities
Part I. Deposits in Domestic Offices
C425 <-
<CAPTION>
Dollar Amounts in Thousands
- ---------------------------------------------------------------------------------------------------------------------------------
------------------ Transaction Accounts -------- Nontransaction
(Column A) (Column B) (Column C)
Total transaction Memo: Total demand
accounts (including total deposits (included in Total nontransaction
demand deposits Column A) accounts (including MMDAs)
- ------------------------------------------------ ---------------------- --------------------- ---------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
Deposits of: RCON RCON RCON
---- ---- ----
1. Individuals, partnerships and corporations... 2201.. 3,375,096 2240.. 2,941,262 2346.. 4,550,188 1.
2. U.S. Government.............................. 2202.. 25,523 2280.. 25,523 2520.. 0 2.
3. States and political subdivisions in the
U.S.......................................... 2203.. 44,487 2290.. 42,033 2530.. 8,218 3.
4. Commercial banks in the U.S.................. 2206.. 549,800 2310.. 549,800 2550.. 0 4.
5. Other depository institutions in the U.S..... 2207.. 730 2312.. 730 2349.. 0 5.
6. Banks in foreign countries................... 2213.. 13,018 2320.. 13,018 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.. 38,438 2330.. 38,438 .......... 8.
9. Total (sum of items 1 through 8) (sum of
columns A and C must equal Schedule RC, item
13.a)........................................ 2215.. 4,047,092 2210.. 3,610,804 2385.. 4,558,406 9.
</TABLE>
Memoranda
<TABLE>
<CAPTION>
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.. 521,249 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.c.1
(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.c.2
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.d.1
(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.d.2
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)....................................................... 5590.. 48,204 M.1.e
2. Components of total nontransaction accounts (sum of Memoranda items 2.a through 2.d
must equal item 9, Column C, above):
a. Savings deposits:
(1) Money market deposit accounts (MMDAs)....................................... 6810.. 1,665,078 M.2.a.1
(2) Other savings deposits (excludes MMDAs)..................................... 0352.. 1,038,242 M.2.a.2
b. Total time deposits of less than $100,000....................................... 6648.. 1,669,427 M.2.b
c. Total time deposits of $100,000 or more......................................... 2604.. 185,659 M.2.c
3. All NOW accounts (included in column A above)...................................... 2398.. 436,288 M.3
4. Not applicable
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C>
Norwest Bank Minnesota, N.A. Call Date: 6/30/97 ST-BK: 27-4095 FFIEC 031
Sixth Street and Marquette Avenue Page RC-10
Minneapolis, MN 55479 Vendor ID: D CERT: 05208
20
Transit Number: 91000019
SCHEDULE RC-E -- CONTINUED
Memoranda (Continued)
Dollar Amounts in Thousands
- -----------------------------------------------------------------------------------------------------------------------------------
<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) RCON
----
(1) Three months or less................................................................... A579.. 290,008 M.5.a.1
(2) Over three months through 12 months.................................................... A580.. 735,366 M.5.a.2
(3) Over one year through three years...................................................... A581.. 503,727 M.5.a.3
(4) Over three years....................................................................... A582.. 140,326 M.5.a.4
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.. 1,025,374 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.. 52,013 M.6.a.1
(2) Over three months through 12 months................................................. A585.. 69,177 M.6.a.2
(3) Over one year through three years................................................... A586.. 43,833 M.6.a.3
(4) Over three years.................................................................... A587.. 20,636 M.6.a.4
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.. 121,190 M.6.b
- ---------------
(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.(1) through 6.a.(4) must equal Schedule RC-E, Memorandum item 2.c above.
</TABLE>
20
<PAGE>
<TABLE>
<S> <C> <C> <C>
Norwest Bank Minnesota, N.A. Call Date: 6/30/97 ST-BK: 27-4095 FFIEC 031
Sixth Street and Marquette Avenue Page RC-11
Minneapolis, MN 55479 Vendor ID: D CERT: 05208
21
Transit Number: 91000019
SCHEDULE RC-E--CONTINUED
PART II. DEPOSITS IN FOREIGN OFFICES (INCLUDING EDGE AND AGREEMENT SUBSIDIARIES
AND IBFS)
Dollar Amounts in Thousands
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
Deposits of: RCFM
1. Individuals, partnerships, and corporations............................................. 2621.. 762,035 1.
2. U.S. banks (including IBFs and foreign branches of U.S. banks).......................... 2623.. 2,859,136 2.
3. Foreign banks (including U.S. branches and agencies of foreign banks, including their
IBFs)................................................................................... 2625.. 98,811 3.
4. Foreign governments and official institutions (including foreign central banks)......... 2650.. 0 4.
5. Certified and official checks........................................................... 2330.. 2 5.
6. All other deposits...................................................................... 2668.. 114 6.
7. Total (sum of items 1 through 6) (must equal Schedule RC, item 13.b).................... 2200.. 3,720,098 7.
<CAPTION>
Memorandum
Dollar Amounts in Thousands
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
1. Time deposits with a remaining maturity of one year or less (included in Part II,
Item 7 above)........................................................................... A245.. 3,681,760 M.1
SCHEDULE RC-F -- OTHER ASSETS
C430 <-
Dollar Amounts in Thousands
- ----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
1. Income earned, not collected on loans................................................... RCFD 2164.. 53,837 1.
2. Net deferred tax assets(1).............................................................. RCFD 2148.. 0 2.
3. Interest-only strips receivable (not in the form of a security)(2) on:
a. Mortgage loans....................................................................... RCFD A519.. 0 3.a
b. Other financial assets............................................................... RCFD A520.. 0 3.b
4. Other (itemize and describe amounts that exceed 25% of this item)....................... RCFD 2168.. 226,559 4.
a. TEXT 3549: ..........................................RCFD 3549.. N/A ......... 4.a
b. TEXT 3550: ..........................................RCFD 3550.. N/A ......... 4.b
c. TEXT 3551: ..........................................RCFD 3551.. N/A ......... 4.c
5. Total (sum of items 1 through 4) (must equal Schedule RC, item 11)...................... RCFD 2160.. 280,396 5.
<CAPTION>
Memorandum
Dollar Amounts in Thousands
- ----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
1. Deferred tax assets disallowed for regulatory capital purposes.......................... 5610.. 0 M.1
<CAPTION>
SCHEDULE RC-G -- OTHER LIABILITIES
C435 <-
Dollar Amounts in Thousands
- ----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
1. a. Interest accrued and unpaid on deposits in domestic offices(3)....................... 3645.. 32,117 1.a
b. Other expenses accrued and unpaid (includes accrued income taxes payable)............ 3646.. 309,879 1.b
2. Net deferred tax liabilities(1)......................................................... 3049.. 143,398 2.
3. Minority interest in consolidated subsidiaries.......................................... 3000.. 402 3.
4. Other (itemize and describe amounts that exceed 25% of this item)....................... 2938.. 14,708 4.
TEXT RCFD
---- ----
a. 3552: Miscellaneous accounts payable........... 3552.. 9,035 ......... 4.a
b. 3553:........................................... 3553.. N/A ......... 4.b
c. 3554:........................................... 3554.. N/A ......... 4.c
5. Total (sum of items 1 through 4) (must equal Schedule RC, item 20)...................... 2930.. 500,504 5.
- ---------------
(1) See discussion of deferred income taxes in Glossary entry on "income taxes."
(2) Report interest-only strips receivable in the form 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, include "dividends" accrued and unpaid on deposits.
</TABLE>
21
<PAGE>
<TABLE>
<S> <C> <C> <C>
Norwest Bank Minnesota, N.A. Call Date: 06/30/97 ST-BK 27-4095 FFIEC 031
Sixth Street and Marquette Avenue Page RC - 12
Minneapolis, MN 55479 Vendor ID: D CERT: 05208
22
Transit Number: 91000019
SCHEDULE RC-H -- SELECTED BALANCE SHEET ITEMS FOR DOMESTIC OFFICES
C440 <-
Dollar Amounts in Thousands
- -----------------------------------------------------------------------------------------------------------------------------------
Domestic Offices
-------------------------
RCON
----
<S> <C> <C> <C>
1. Customers' liability to this bank on acceptances outstanding. . . . . . . 2155.. 9,108 1.
2. Bank's liability on acceptances executed and outstanding. . . . . . . . . 2920.. 9,108 2.
3. Federal funds sold and securities purchased under agreements to resell. . 1350.. 4,217,807 3.
4. Federal funds purchased and securities sold under agreements
to repurchase . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2800.. 4,198,790 4.
5. Other borrowed money. . . . . . . . . . . . . . . . . . . . . . . . . . . 3190.. 329,218 5.
EITHER
6. Net due from own foreign offices, Edge and Agreement subsidiaries, and
IBFs. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2163.. N/A 6.
OR
7. Net due to own foreign offices, Edge and Agreement subsidiaries, and
IBFs. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2941.. 3,576,056 7.
8. Total assets (excludes net due from foreign offices, Edge and Agreement
subsidiaries, and IBFs) . . . . . . . . . . . . . . . . . . . . . . . . . 2192.. 18,866,686 8.
9. Total liabilities (excludes net due to foreign offices, Edge and
Agreement subsidiaries, and IBFs) . . . . . . . . . . . . . . . . . . . . 3129.. 13,950,311 9.
Items 10-17 include held-to-maturity and available-for-sale securities in
domestic offices.
10. U.S. Treasury securities. . . . . . . . . . . . . . . . . . . . . . . . . 1779.. 1,325,432 10.
11. U.S. Government agency obligations (exclude mortgage-backed securities) . 1785.. 5,279 11.
12. Securities issued by states and political subdivisions in the U.S.. . . . 1786.. 138,676 12.
13. Mortgage-backed securities (MBS):
a. Pass-through securities:
(1) Issued or guaranteed by FNMA, FHLMC, or GNMA . . . . . . . . . . . 1787.. 431,116 13.a1
(2) Other pass-through securities. . . . . . . . . . . . . . . . . . . 1869.. 62 13.a2
b. Other mortgage-backed securities (include CMOs, REMICs, and stripped
MBS):
(1) Issued or guaranteed by FNMA, FHLMC, or GNMA . . . . . . . . . . . 1877.. 25,672 13.b1
(2) All other mortgage-backed securities . . . . . . . . . . . . . . . 2253.. 2,585 13.b2
14. Other domestic debt securities . . . . . . . . . . . . . . . . . . . . . 3159.. 4,955 14.
15. Foreign debt securities . . . . . . . . . . . . . . . . . . . . . . . . . 3160.. 0 15.
16. Equity securities:
a. Investments in mutual funds and other equity securities with readily
determinable fair values . . . . . . . . . . . . . . . . . . . . . . . A513.. 2,802 16.a
b. All other equity securities. . . . . . . . . . . . . . . . . . . . . . 3169.. 129,679 16.b
17. Total held-to-maturity and available-for-sale securities (sum of items
10 through 16). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3170.. 2,066,258 17.
<CAPTION>
Memorandum (to be completed only by banks with IBFs and other "foreign" offices)
Dollar Amounts in Thousands
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
EITHER
1. Net due form the IBF of the domestic offices of the reporting bank . . . . . 3051.. N/A 0 M.1
OR
2. Net due to the IBF of the domestic offices of the reporting bank . . . . . . 3059.. 0 M.2
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C> <C>
Norwest Bank Minnesota, N.A Call Date: 6/30/97 ST-BK: 27-4095 FFIEC 031C
Sixth Street and Marquette Avenue Page RC - 13
Minneapolis, MN 55479 Vendor ID: D CERT: 05208
23
Transit Number: 91000019
SCHEDULE RC-I -- SELECTED ASSETS AND LIABILITIES OF IBFS
To be completed only by banks with IBFs and other "foreign" offices.
C445 <-
Dollar Amounts in Thousands
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
RCFM
----
1. Total IBF assets of the consolidated bank (component of Schedule RC, item 12)....... 2133.. N/A 1.
2. Total IBF loans and lease financing receivables (component of Schedule RC-C, part I,
item 12, column A).................................................................. 2076.. N/A 2.
3. IBF commercial and industrial loans (component of Schedule RC-C, part I, item 4,
column A)........................................................................... 2077.. N/A 3.
4. Total IBF liabilities (component of Schedule RC, item 21)........................... 2898.. N/A 4.
5. IBF deposit liabilities due to banks, including other IBFs (component of Schedule...
RC-E, part II, items 2 and 3)....................................................... 2379.. N/A 5.
6. Other IBF deposit liabilities (component of Schedule RC-E, part II, items 1, 4, 5,
and 6).............................................................................. 2381.. N/A 6.
<CAPTION>
Schedule RC-K -- Quarterly Averages(1)
C455 <-
Dollar Amounts in Thousands
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
ASSETS RCFD
----
1. Interest-bearing balances due from depository institutions............................ 3381.. 17,904 1.
2. U.S. Treasury securities and U.S. Government agency obligations(2).................... 3382.. 3,046,710 2.
3. Securities issued by states and political subdivisions in the U.S.(2)................. 3383.. 128,076 3.
4. a. Other debt securities(2)........................................................... 3647.. 4,576 4.a.
b. Equity securities(3) (includes investments in mutual funds and Federal Reserve.....
stock)............................................................................. 3648.. 132,490 4.b.
5. Federal funds sold and securities purchased under agreements to resell................ 3365.. 3,620,584 5.
6. Loans:
a. Loans in domestic offices: RCON
----
(1) Total loans.................................................................... 3360.. 9,511,553 6.a.1
(2) Loans secured by real estate................................................... 3385.. 3,909,105 6.a.2
(3) Loans to finance agricultural production and other loans to farmers............ 3386.. 10,708 6.a.3
(4) Commercial and industrial loans................................................ 3387.. 4,140,141 6.a.4
(5) Loans to individuals for household, family, and other personal expenditures.... 3388.. 796,526 6.a.5
b. Total loans in foreign offices, Edge and Agreement subsidiaries, RCFN
----
and IBFs........................................................................... 3360.. 153,315 6.b
7. Trading RCFD
----
assets................................................................................ 3401.. 246,992 7.
8. Lease financing receivables (net of unearned income). . . . . . . . . . . 3484.. 670,091 8.
9. Total assets(4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3368.. 18,238,750 9.
LIABILITIES
10. Interest-bearing transaction accounts in domestic offices (NOW accounts, ATS
accounts, and telephone and preauthorized transfer accounts) (exclude demand RCON
----
deposits) . . . . . . . . . . . . . . . . . . . . . . . . 3485.. 151,693 10.
11. Nontransaction accounts in domestic offices:
a. Money market deposit accounts (MMDAs). . . . . . . . . . . . . . . . . 3486.. 1,638,781 11.a
b. Other savings deposits . . . . . . . . . . . . . . . . . . . . . . . . 3487.. 1,324,354 11.b
c. Time deposits of $100,000 or more. . . . . . . . . . . . . . . . . . . A514.. 166,564 11.c
d. Time deposits of less than $100,000. . . . . . . . . . . . . . . . . . A529.. 1,792,998 11.d
12. Interest-bearing deposits in foreign offices, Edge and Agreement RCFN
----
subsidiaries, and IBFs . . . . . . . . . . . . . . . . . . . . . . . . . 3404.. 3,087,970 12.
RCFD
----
13. Federal funds purchased and securities sold under agreements to repurchase . . 3353.. 3,578,974 13.
14. Other borrowed money (includes mortgage indebtedness and obligations under.....
capitalized leases) . . . . . . . . . . . . . . . . . . . . . . . ............. 3355.. 356,087 14.
- ------------------
(1) For all items, banks have 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 average 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.
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C>
Norwest Bank Minnesota Call Date: 6/30/97 ST-BK: 27-4095 FFIEC 031
Sixth Street and Marquette Avenue Page RC-14
Minneapolis, MN 55479 Vendor ID: D CERT: 05208
24
Transit Number: 91000019
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 <-
Dollar Amounts in Thousands
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
1. Unused commitments:
a. Revolving, open-end lines secured by 1-4 family residential properties, RCFD
----
e.g., home equity lines............................................................... 3814.. 207,072 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.. 72,297 1.c 1
(2) Commitments to fund loans not secured by real estate.............................. 6550.. 0 1.c 2
d. Securities underwriting............................................................... 3817.. 0 1.d
e. Other unused commitments.............................................................. 3818.. 4,245,179 1.e
2. Financial standby letters of credit and foreign office guarantees........................ 3819.. 922,226 2.
a. Amount of financial standby letters of credit RCFD
----
conveyed to others................................. 3820 385,438 ........ 2.a
3. Performance standby letters of credit and foreign office guarantees...................... 3821.. 75,157 3.
a. Amount of performance standby letters of credit RCFD
----
conveyed to others................................. 3822 19,368 ........ 3.a
4. Commercial and similar letters of credit................................................. 3411.. 349,324 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.. 2,616,996 7.
8. Securities lent (including customers' securities lent where the customer is
indemnified against loss by the reporting bank).......................................... 3433.. 226,171 8.
9. Financial assets transferred with recourse that have been treated as sold for
Call Report purposes:
a. First lien 1-to-4 family residential mortgage loans:
(1) Outstanding principal balance of mortgages transferred as of the report date...... A521.. 19,557 9.a.1
(2) Amount of recourse exposure on these mortgages as of the report date.............. A522.. 19,557 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.1
c. Small business obligations transferred with recourse under Section 208 of the
Riegle 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.. 149,429 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 RCFD
---- ----
a. 3555: ........................................................ 3555.. N/A ......... 12.a
b. 3556: ........................................................ 3556.. N/A ......... 12.b
c. 3557: ........................................................ 3557.. N/A ......... 12.c
d. 3558: ........................................................ 3558.. N/A ......... 12.d
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C> <C>
Norwest Bank Minnesota, N.A. Call Date: 6/30/97 ST-BK: 27-4095 FFIEC 031
Sixth Street and Marquette Avenue Page RC-15
Minneapolis, MN 55479 Vendor ID: D CERT: 05208
Transit Number: 91000019 25
</TABLE>
SCHEDULE RC-L -- CONTINUED
<TABLE>
<CAPTION>
Dollar Amounts in Thousands
- -----------------------------------------------------------------------------------------------------------------------------
<S> <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% of Schedule RC, item 28, "Total
equity capital").................................................................... 5591.. 0 13.
a. TEXT 5592: ........................................................ RCFD 5592.. N/A ........ 13.a
b. TEXT 5593: ........................................................ RCFD 5593.. N/A ........ 13.b
c. TEXT 5594: ........................................................ RCFD 5594.. N/A ........ 13.c
d. TEXT 5595: ........................................................ RCFD 5595.. N/A ........ 13.d
</TABLE>
<TABLE>
<CAPTION> C461
Dollar Amounts in Thousands
- -----------------------------------------------------------------------------------------------------------------------------
(Column A) (Column B) (Column C) (Column D)
Interest Rate Foreign Exchange Equity Derivative Commodity And
Off-balance Sheet Derivatives Contracts Contracts Contracts Other Contracts
Position Indicators
- -------------------------------------------------------------------------------------------------------------------------------
<S> <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):
a. Futures contracts............................. 1,647,500 0 0 0 14.a
RCFD 8693 RCFD 8694 RCFD 8695 RCFD 8696
b. Forward contracts............................. 0 633,065 0 0 14.b
RCFD 8697 RCFD 8698 RCFD 8699 RCFD 8700
c. Exchange-traded option contracts:
(1) Written options........................... 0 0 0 0 14.c1
RCFD 8701 RCFD 8702 RCFD 8703 RCFD 8704
(2) Purchased options......................... 0 0 0 0 14.c2
RCFD 8705 RCFD 8706 RCFD 8707 RCFD 8708
d. Over-the-counter option contracts:
(1) Written options........................... 1,375,829 5,429 0 9,303 14.d1
RCFD 8709 RCFD 8710 RCFD 8711 RCFD 8712
(2) Purchased options......................... 737,887 5,429 0 8,922 14.d2
RCFD 8713 RCFD 8714 RCFD 8715 RCFD 8716
e. Swaps......................................... 4,322,877 0 0 6,077 14.e
RCFD 3450 RCFD 3826 RCFD 8719 RCFD 8720
15. Total gross notional amount of
derivative contracts held for trading.............. 3,744,612 643,923 0 24,302 15.
RCFD A126 RCFD A127 RCFD 8723 RCFD 8724
16. Total gross notional amount of
derivative contracts held for
purposes other than trading:
a. Contracts marked to market.................... 0 0 0 0 16.a
RCFD 8725 RCFD 8726 RCFD 8727 RCFD 8728
b. Contracts not marked to market................ 4,339,481 0 0 0 16.b
RCFD 8729 RCFD 8730 RCFD 8731 RCFD 8732
c. Interest rate swaps where the bank
has agreed to pay a fixed rate................ 200,000...............................................16.c
RCFD A589
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C> <C>
Norwest Bank Minnesota, N.A. Call Date: 6/30/97 ST-BK: 47-2085 FFIEC 031
Sixth Street and Marquette Avenue Page RC-16
Minneapolis, MN 55479 Vendor ID: D CERT: 05208
26
Transit Number: 91000019
</TABLE>
SCHEDULE RC-L -- Continued
<TABLE>
<CAPTION>
Dollar Amounts in Thousands
- ----------------------------------------------------------------------------------------------------------------------------------
(Column A) (Column B) (Column C) (Column D)
Interest Rate Foreign Exchange Equity Derivatives Commodity And
Contracts Contracts Contracts Other Contracts
Off-balance Sheet Derivatives ----------------- ----------------- ----------------- -----------------
Position Indicators
- --------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1. Gross fair values of RCFD RCFD RCFD RCFD
derivative contracts:
a. Contracts held for
trading:
(1) Gross positive
fair value............. 8733.. 4,819 8734.. 16,705 8735.. 0 8736.. 338 17.a.1
(2) Gross negative
fair value............. 8737.. 4,335 8738.. 17,022 8739.. 0 8740 394 17.a.2
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.b.1
(2) Gross negative
fair value............. 8745.. 0 8746.. 0 8747.. 0 8748.. 0 17.b.2
c. Contracts held for
purposes other than
trading that are not
marked to market:
(1) Gross positive
fair value............. 8749.. 39,749 8750.. 0 8751.. 0 8752.. 0 17.c.1
(2) Gross negative
fair value............. 8753.. 2,264 8754.. 0 8755.. 0 8756.. 0 17.c.2
</TABLE>
<TABLE>
<CAPTION>
Memoranda Dollar Amounts in Thousands
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
RCFD
----
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 4,176,909 M.3.
a. Participations in commitments with an original
maturity exceeding one year conveyed to others ........... RCFD 3834 269,806 ............ M.3.a
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 N/A M.4.
5. Installment 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:
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 installment credit (including mobile home loans)(to be
completed for the September report only........................................... 2743 N/A M.5.c
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C>
Norwest Bank Minnesota, N.A. Call Date: 6/30/97 ST-BK: 27-4095 FFIEC 031
Sixth Street and Marquette Avenue Page RC-17
Minneapolis, MN 55479 Vendor ID: D CERT: 05208
27
Transit Number: 91000019
</TABLE>
SCHEDULE RC-M -- MEMORANDA
<TABLE>
<CAPTION>
C465 <-
Dollar Amounts in Thousands
- ----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
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, RCFD
----
principal shareholders and their related interests................................... 6164.. 10,466 1.a
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 Number
defined for this purpose in agency regulations..................... RCFD 6165 4 ..........1.b
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.. 318,800 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.. 428,261 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.. 14,997 5.a
b. Non-U.S. addressees (domicile)....................................................... 2104.. 9,517 5.b
6. Intangible assets:
a. Mortgage servicing rights............................................................ 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.. 383 6.b.2
c. Goodwill............................................................................. 3163.. 11,542 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.. 11,925 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.
</TABLE>
- ---------------
(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.
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C>
Norwest Bank Minnesota, N.A. Call Date: 6/30/97 ST-BK: 27-4095 FFIEC 031
Sixth Street and Marquette Avenue Page RC-18
Minneapolis, MN 55479 Vendor ID: D CERT: 05208
28
Transit Number: 91000019
</TABLE>
SCHEDULE RC-M -- CONTINUED
<TABLE>
<CAPTION>
Dollar Amounts in Thousands
- ---------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
8. a. Other real estate owned:
(1) Direct and indirect investments in real estate ventures....................... RCFD 5372.. 0 8.a.1
(2) All other real estate owned:
(a) Construction and land development in domestic offices.................... RCON 5508.. 0 8.a.2a
(b) Farmland in domestic offices ............................................ RCON 5509.. 0 8.a.2b
(c) 1-4 family residential properties in domestic offices.................... RCON 5510.. 6,820 8.a.2c
(d) Multifamily (5 or more) residential properties in domestic offices....... RCON 5511.. 0 8.a.2d
(e) Nonfarm nonresidential properties in domestic offices.................... RCON 5512.. 403 8.a.2e
(f) In foreign offices....................................................... RCFN 5513.. 0 8.a.2f
(3) Total (sum of items 8.a.(1) and 8.a.(2)) (must equal Schedule RC, item 7)..... RCFD 2150.. 7,223 8.a.3
b. Investments in unconsolidated subsidiaries and associated companies:
(1) Direct and indirect investments in real estate ventures....................... RCFD 5374.. 0 8.b.1
(2) All other investments in unconsolidated subsidiaries and associated
companies..................................................................... RCFD 5375.. 0 8.b.2
(3) Total (sum of items 8.b.(1) and 8.b.(2)) (must equal Schedule RC, item 8)..... RCFD 2130.. 0 8.b.3
9. Noncumulative perpetual preferred stock and related surplus included in Schedule RC,
item 23, "Perpetual preferred stock and related surplus"................................ RCFD 3778.. 0 9.
10. Mutual fund and annuity sales in domestic offices during the quarter (include
proprietary, private label, and third party products):
a. Money market funds................................................................. RCON 6441.. 57,784 10.a
b. Equity securities funds............................................................ RCON 8427.. 0 10.b
c. Debt securities funds.............................................................. RCON 8428.. 0 10.c
d. Other mutual funds................................................................. RCON 8429.. 33,850 10.d
e. Annuities.......................................................................... RCON 8430.. 13,388 10.e
f. Sales of proprietary mutual funds and annuities (included in items 10.a through
10.e above)........................................................................ RCON 8784.. 62,271 10.f
11. Net unamortized realized deferred gains (losses) on off-balance sheet derivative
contracts included in assets and liabilities reported in Schedule RC.................... RCFD A525.. 33,955 11.
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(1)........................................................................... RCFD 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)................................................ RCFD A591.. 0 13.
</TABLE>
Memorandum
<TABLE>
Dollar Amounts in Thousands
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
1. Reciprocal holdings of banking organizations' capital instruments (to be completed
for the December report only)........................................................... 3836.. N/A M.1.
</TABLE>
- ---------------------
(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.
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C> <C>
Norwest Bank Minnesota, N.A. Call Date: 6/30/97 ST-BK: 27-4095 FFIEC 031
Sixth Street and Marquette Avenue Page RC-19
Minneapolis, MN 55479 Vendor ID: D CERT: 05208
29
Transit Number: 91000019
</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.
<TABLE>
<CAPTION>
C470 <-
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
------------------ ------------------ ------------------
RCFD RCFD RCFD
---- ---- ----
<S> <C> <C> <C> <C> <C> <C> <C>
1. Loans secured by real estate:
a. To U.S. addressees (domicile)................... 1245.. 25,286 1246.. 3,713 1247.. 12,228 1.a
b. To non-U.S. addressees (domicile)............... 1248.. 0 1249.. 0 1250.. 0 1.b
2. Loans to depository institutions and acceptances of
other banks:
a. To U.S. banks and other U.S. depository
institutions.................................... 5377.. 0 5378.. 0 5379.. 0 2.a
b. To foreign banks................................ 5380.. 0 5381.. 0 5382.. 0 2.b
3. Loans to finance agricultural production and other
loans to farmers..................................... 1594.. 20 1597.. 0 1583.. 0 3.
4. Commercial and industrial loans:
a. To U.S. addressees (domicile)................... 1251.. 18,233 1252.. 8 1253.. 22,893 4.a
b. To non-U.S. addressees (domicile)............... 1254.. 0 1255.. 0 1256.. 0 4.b
5. Loans to individuals for household, family, and other
personal expenditures:
a. Credit cards and related plans.................. 5383.. 1,630 5384.. 180 5385.. 0 5.a
b. Other (includes single payment, installment, and
all student loans).............................. 5386.. 18,036 5387.. 2,398 5388.. 268 5.b
6. Loans to foreign governments and official
institutions......................................... 5389.. 0 5390.. 0 5391.. 0 6.
7. All other loans...................................... 5459.. 16,276 5460.. 71 5461.. 6,963 7.
8. Lease financing receivables:
a. Of U.S. addressees (domicile)................... 1257.. 0 1258.. 0 1259.. 13,024 8.a
b. Of non-U.S. addressees (domicile)............... 1271.. 0 1272.. 0 1791.. 0 8.b
9. Debt securities and other assets (exclude other real
estate owned and other repossessed assets)........... 3505.. 0 3506.. 0 3507.. 0 9.
=================================================================================================================================
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.
<CAPTION>
RCFD RCFD RCFD
---- ---- ----
<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.. 2,100 5613.. 100 5614.. 850 10.
a. Guaranteed portion of loans and leases
included in item 10 above..................... 5615.. 1,484 5616.. 42 5617.. 640 10.a
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C>
Norwest Bank Minnesota, N.A. Call Date: 6/30/97 ST-BK: 27-4095 FFIEC 031
Sixth Street and Marquette Avenue Page RC-20
Minneapolis, MN 55479 Vendor ID: D CERT: 05208
Transit Number: 91000019 30
</TABLE>
SCHEDULE RC-N--CONTINUED
<TABLE>
<CAPTION>
Dollar Amounts in Thousands
- -------------------------------------------------------------------------------------------------------------------
(Column A) (Column B) (Column C)
Past due 30 Past due 90 Nonaccrual
through 89 days or more
days and still and still
accruing accruing
Memoranda ------------------ ----------------- -----------------
RCFD RCFD RCFD
- --------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
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.
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.
--------------------------------------------------------------------
3. Loans secured by real estate in domestic offices RCON RCON RCON
---- ---- ----
(included in Schedule RC-N, item 1, above):
a. Construction and land development.............. 2759.. 0 2769.. 0 3492.. 25 M.3.a
b. Secured by farmland............................ 3493.. 0 3494.. 0 3495.. 0 M.3.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...................... 5398.. 1,254 5399.. 69 5400.. 0 M.3.c.1
(2) All other loans secured by 1-4 family
residential properties..................... 5401.. 20,350 5402.. 3,644 5403.. 9,259 M.3.c.2
d. Secured by multifamily (5 or more) residential
properties..................................... 3499.. 570 3500.. 0 3501.. 0 M.3.d
e. Secured by nonfarm nonresidential properties... 3502.. 3,112 3503.. 0 3504.. 2,944 M.3.e
</TABLE>
<TABLE>
<CAPTION>
(Column A) (Column B)
through 89 Past due 90
through days days or more
------------------ -------------------
RCON RCON
---- ----
<S> <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............................... 3529 0 3530 0 M.4.b
</TABLE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
Person to whom questions about the Reports of
Condition and Income should be directed: C477 <-
Chris Mocol, Manager of Regulatory Services (612) 667-9895
- ------------------------------------------------------ ----------------------------------------
Name and Title (TEXT 8901 Area cole/phone number/extension (TEXT 8902)
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C>
Norwest Bank Minnesota, N.A. Call Date: 6/30/97 ST-BK: 27-4095 FFIEC 031
Sixth Street and Marquette Avenue Page RC-21
Minneapolis, MN 55479 Vendor ID: D CERT: 05208
Transit Number: 91000019 31
</TABLE>
SCHEDULE RC-O--OTHER DATA FOR DEPOSIT INSURANCE AND FICO ASSESSMENTS
<TABLE>
<CAPTION>
C475 <-
Dollar Amounts in Thousands
- ----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
1. Unposted debits (see instructions):
a. Actual amount of all unposted debits............................................... 0030.. N/A 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.. N/A 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.. 24,262 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 savings deposits(1) 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:
a. Amount reflected in demand deposits (included in Schedule RC-E, Part I, item 4 or
5, column B)....................................................................... 2314.. 288 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), (2)
a. Unamortized premiums............................................................... 5516.. 26 7.a.
b. Unamortized discounts.............................................................. 5517.. 5,679 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):
(1) Total deposits purchased or acquired from other FDIC-insured institutions
during the quarter............................................................. A531.. N/A 8.a.1
(2) Amount of purchased or acquired deposits reported in item 8.a.(1) above
attributable to a secondary fund (i.e., BIF members report deposits
attributable to SAIF; SAIF members report deposits attributable to BIF)....... A532.. N/A 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.. N/A 8.b.
</TABLE>
- ---------------
(1) For FDIC insurance and FICO assessment purposes, "time and savings
deposits" consists of nontransaction accounts and all transaction accounts
other than demand deposits.
(2) Exclude core deposit intangibles.
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C> <C>
Norwest Bank Minnesota, N.A. Call Date: 6/30/97 ST-BK: 27-4095 FFIEC 031
Sixth Street and Marquette Avenue Page RC-22
Minneapolis, MN 55479 Vendor ID: D CERT: 05208
Transit Number: 91000019 32
</TABLE>
SCHEDULE RC-O -- CONTINUED
<TABLE>
<CAPTION>
Dollar Amounts in Thousands
- -----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
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. 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>
Memoranda
(To be completed each quarter except as noted)
<TABLE>
<CAPTION>
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:
(1) Amount of deposit accounts of $100,000 or less.............................. RCON
----
2702.. 4,325,543 M.1.a.1
NUMBER ...........
------
RCON
(2) Number of deposit accounts of $100,000 or less ----
(to be completed for the June report only)........... 3779.. 1,376,269 M.1.a.2
b. Deposit accounts of more than $100,000:
(1) Amount of deposit accounts of more than $100,000............................ 2710.. 4,279,955 M.1.b.1
NUMBER ..........
------
RCON
----
(2) Number of deposit accounts of more than $100,000...... 2722.. 6,208 M.1.b.2
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.
YES NO
--- ---
Indicate in the appropriate box at right whether your bank has a method or
procedure for determining a better estimate of uninsured deposits than the
estimate described above........................................................ 6861.. X 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............................. 5597.. 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:
FDIC Cert No.
-------------
TEXT 545........................................................................... A545 N/A M.3.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C> <C>
Norwest Bank Minnesota, N.A. Call Date: 6/30/97 ST-BK: 27-4095 FFIEC 031
Sixth Street and Marquette Avenue Page RC-23
Minneapolis, MN 55479 Vendor ID: D CERT: 05208
Transit Number: 91000019 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, 1996,
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 RC-R
in its entirety, depending on their response to item 1 below.
<TABLE>
<CAPTION>
C480 <-
-----------
YES NO
--- ---
<S> <C> <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 capital greater than or equal to eight percent of
adjusted total assets.................................................................... RCFD 6056 N/A 1.
For purposes of this test, adjusted total assets equals total assets 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. See optional
worksheet for items 3.a through 3.f.
- --------------------------------------------------------------------------------
Dollar Amounts in Thousands
- ---------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
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 165 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. Tier 1 capital....................................................... 8274 1,319,245 3.a
b. Tier 2 capital....................................................... 8275 158,975 3.b
c. Total risk-based capital............................................. 3792 1,478,220 3.c
d. Excess allowance for loan and lease losses (amount that exceeds
1.25% of gross risk-weighted assets)................................. A222 60,484 3.d
e. Net risk-weighted assets (gross risk-weighted assets less excess
allowance reported in item 3.d above and all other deductions)....... A223 12,644,289 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 18,226,739 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)
Credit
Equivalent
Assets Amount of Off-
Recorded on the Balance Sheet
Balance Sheet Items(3)
------------------ ------------------
<S> <C> <C> <C> <C>
4. Assets and credit equivalent amounts of off-balance sheet items RCFD RCFD
assigned to the Zero percent risk category: ---- ----
a. Assets recorded on the balance sheet................................ 5163 2,257,128 .......... 4.a
b. Credit equivalent amount of off-balance sheet items................. .......... 3796.. 0 4.b
</TABLE>
- ---------------
(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 column B the risk-weighted amount of assets reported in
column A.
<PAGE>
<TABLE>
<S> <C> <C> <C>
Norwest Bank Minnesota, N.A. Call Date: 6/30/97 ST-BK: 47-2085 FFIEC 031
Sixth Street and Marquette Avenue Page RC-24
Minneapolis, MN 55479
Vender ID: D CERT: 05208 34
Transit Number: 91000019
Schedule RC-R -- Continued
Dollar Amount in Thousands
- -------------------------------------------------------------------------------------------------------------------------------
(Column A) (Column B)
Assets Credit Equivalent
Recorded Amount
on the of Off-Balance
Balance Sheet Sheet Items(1)
------------------- --------------------
RCFD RCFD
---- ----
5. Assets and credit equivalent amounts of off-balance sheet items
assigned to the 20 percent risk category:
a. Assets recorded on the balance sheet......................... 5165.. 6,912,956 ......... 5.a
b. Credit equivalent amount of off-balance sheet items.......... ......... 3801.. 790,384 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.. 2,887,882 ......... 6.a
b. Credit equivalent amount of off-balance sheet items.......... ......... 3803.. 149,766 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.. 7,168,311 ......... 7.a
b. Credit equivalent amount of off-balance sheet items.......... ......... 3805.. 2,476,970 7.b
8. On-balance sheet asset values excluded from and deducted in
the calculation of the risk-based capital ratio(2).............. 3806.. 32,723 ......... 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.. 19,259,000 ......... 9.
Memoranda
Dollar Amounts in Thousands
- ------------------------------------------------------------------------------------------------------------------------------
RCFD
1. Current credit exposure across all off-balance sheet derivative contracts by the ----
risk-based capital standards................................................... 8764.. 21,749 M.1.
With a remaining maturity of
----------------------------------------------------------
(Column B)
(Column A) Over one year (Column C)
One year or less through five years Over five years
---------------------- ---------------------- ----------------------
2. Notional principal amounts of RCFD RCFD RCFD
off-balance sheet derivative contracts (3): ---- ---- ----
a. Interest rate contracts.................... 3809.. 670,565 8766.. 3,850,164 8767.. 340,034 M.2a
b. Foreign exchange contracts................. 3812.. 549,219 8769.. 1,626 8770.. 0 M.2b
c. Gold contracts............................. 8771.. 0 8772.. 0 8773.. 0 M.2c
d. Other precious metals contracts............ 8774.. 0 8775.. 0 8776.. 0 M.2d
e. Other commodity contracts.................. 8777.. 10,169 8778.. 4,830 8779.. 0 M.2e
f. Equity derivative contracts................ A000.. 0 A001.. 0 A002.. 0 M.2f
</TABLE>
- ---------------
(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
available-for-sale securities in item 8 and report the amortized cost of
these debt securities in items 4 through 7 above. For available-for-sale
equity securities, if fair value exceeds cost, include the difference
between the fair value and the cost in item 8 and report the cost of
these equity securities in items 5 through 7 above; if cost exceeds fair
value, report the fair value of these equity securities in items 5 through 7
above and include no amount in item 8. 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.
futures contracts) not subject to risk-based capital. Exclude from 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.
<PAGE>
<TABLE>
<S> <C> <C> <C>
Norwest Bank Minnesota, N.A. Call Date: 6/30/97 ST-BK: 27-4095 FFIEC 031
Sixth Street and Marquette Avenue Page RC-25
Minneapolis, MN 55479 Vendor ID: D CERT: 05208
35
Transit Number: 91000019
Optional Narrative Statement Concerning the Amounts
Reported in the Reports of Condition and Income
at close of business on June 30, 1997
Norwest Bank Minnesota, N.A. Minneapolis MN
- --------------------------------------------------------- ------------------------------------------ ---------------------
Legal Title of Bank City State
The management of the reporting bank may, if it wishes, the truncated statement will appear as the bank's
submit a brief narrative statement on the amounts statement both on agency computerized records and in
reported in the Reports of Condition and Income. This computer-file releases to the public.
optional statement will be made available to the public,
along with the publicly available data in the Reports of All information furnished by the bank in the narrative
Condition and Income, in response to any request for statement must be accurate and not misleading.
individual bank report data. However, the information Appropriate efforts shall be taken by the submitting
reported in column A and in all of Memorandum item 1 of bank to ensure the statement's accuracy. The statement
Schedule RC-N is regarded as confidential and will not must be signed, in the space provided below, by a senior
be released to the public. BANKS CHOOSING TO SUBMIT THE officer of the bank who thereby attests to its accuracy.
NARRATIVE STATEMENT SHOULD ENSURE THAT THE STATEMENT
DOES NOT CONTAIN THE NAMES OR OTHER IDENTIFICATIONS OF If, subsequent to the original submission, material
INDIVIDUAL BANK CUSTOMERS, REFERENCES TO THE AMOUNTS changes are submitted for the data reported in the
REPORTED IN THE CONFIDENTIAL ITEMS IN SCHEDULE RC-N, OR Reports of Condition and Income, the existing narrative
ANY OTHER INFORMATION THAT THEY ARE NOT WILLING TO HAVE statement will be deleted from the files, and from
MADE PUBLIC OR THAT WOULD COMPROMISE THE PRIVACY OF disclosure; the bank, at its option, may replace it with
THEIR CUSTOMERS. Banks choosing not to make a statement a statement, under signature, appropriate to the amended
may check the "No comment" box below and should make no data.
entries of any kind in the space provided for the
narrative statement; i.e., DO NOT enter in this space The optional narrative statement will appear in agency
such phrases as "No statement," "Not applicable," "N/A," records and in release to the public exactly as
"No Comment," and "None." submitted (or amended as described in the preceding
paragraph) by the management of the bank (except for the
The optional statement must be entered on this sheet. truncation of statements exceeding the 750-character
The statement should not exceed 100 words. Further, limit described above). THE STATEMENT WILL NOT BE EDITED
regardless of the number of words, the statement must OR SCREENED IN ANY WAY BY THE SUPERVISORY AGENCIES FOR
not exceed 750 characters, including punctuation, ACCURACY OR RELEVANCE. DISCLOSURE OF THE STATEMENT SHALL
indentation, and standard spacing between words and NOT SIGNIFY THAT ANY FEDERAL SUPERVISORY AGENCY HAS
sentences. If any submission should exceed 750 VERIFIED OR CONFIRMED THE ACCURACY OF THE INFORMATION
characters, as defined, it will be truncated at 750 CONTAINED THEREIN. A STATEMENT TO THIS EFFECT WILL
characters with no notice to the submitting bank and APPEAR ON ANY PUBLIC RELEASE OF THE OPTIONAL STATEMENT
SUBMITTED BY THE MANAGEMENT OF THE REPORTING BANK.
- ---------------------------------------------------------------------------------------------------------------------------
No comment: X (RCON 6979) C471 C472 <-
BANK MANAGEMENT STATEMENT (please type or print clearly):
(TEXT 6980)
---------------------------------------- -----------------
Signature of Executive Officer of Bank Date of Signature
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C>
Norwest Bank Minnesota, N.A. Call Date: 6/30/97 ST-BK: 27-4095 FFIEC 031
Sixth Street and Marquette Avenue Page RC-26
Minneapolis, MN 55479
Vendor ID: D Cert: 05208 36
Transit Number: 91000019
THIS PAGE IS TO BE COMPLETED BY ALL BANKS
- ---------------------------------------------------------------------------------------------------------------------------
NAME AND ADDRESS OF BANK
OMB No. For OCC: 1557-0081
OMB No. For FDIC: 3064-0052
OMB No. For Federal Reserve: 7100-0036
Expiration Date: 3/31/2000
PLACE LABEL HERE SPECIAL REPORT
(Dollar Amounts in Thousands)
CLOSE OF BUSINESS FDIC Certificate Number
DATE C700 <-
6/30/97 05208
- ---------------------------------------------------------------------------------------------------------------------------
LOANS TO EXECUTIVE OFFICERS (Complete as of each Call Report Date)
- ---------------------------------------------------------------------------------------------------------------------------
The following information is required by Public Laws 90-44 and 1020-242, but does not constitute a part of the Report of
Condition. With each Report of Condition, these Laws require all banks to furnish a report of all loans or other
extensions of credit to its executive officers made since the date of the previous Report of Condition. Data regarding
individual loans or other extensions of credit are not required. If no such loans or other extensions of credit were
made during the period, insert "none" against subitem (a). (Exclude the first $15,000 of indebtedness of each executive
officer under bank credit card plan.) See Sections 215.2 and 215.3 of Title 12 of the Code of Federal Regulations
(Federal Reserve Board Regulation O) for the definitions of "executive officer" and "extension of credit," respectively.
Exclude loans and other extensions of credit to directors and principal shareholders who are not executive officers.
- ---------------------------------------------------------------------------------------------------------------------------
RCFD
----
a. Number of loans made to executive officers since the previous Call Report date............ 3561.. 1 a.
b. Total dollar amount of above loans (in thousands of dollars) ............................ 3562.. 500 b.
c. Range of interest charged on above loans (example:9-3/4% = 9.75)..........................7701/7702.. 8.50% to 8.50% c.
- ---------------------------------------------------------------------------------------------------------------------------
- ---------------------------------------------------------------------------------------------------------------------------
SIGNATURE AND TITLE OF OFFICER AUTHORIZED TO SIGN REPORT DATE (Month, Day, Year)
Mark P. Wagener
/s/ Mark P. Wagener Director Bank & Service Accounting 7/30/97
- ----------------------------------------------------------------------- ----------------------------------------------
NAME AND TITLE OF PERSON TO WHOM INQUIRIES MAY BE DIRECTED (TEXT 8903) AREA CODE/PHONE NUMBER/EXTENSION
(TEXT 8904)
Chris Mocol, Manager Of Regulatory Reporting (612) 667-9895
- ---------------------------------------------------------------------------------------------------------------------------
FDIC 8040/53 (6-95)
</TABLE>
