EX-7 8 f80899ex7.txt EXHIBIT 7 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. Bankers Trust Company Of California, Call Date: 12/31/2001 FFIEC 041 National Association Page RC-1 300 South Grand Avenue Los Angeles, CA 90071 FDIC Certificate No. 26732 CONSOLIDATED REPORT OF CONDITION FOR INSURED COMMERCIAL AND STATE-CHARTED SAVINGS BANKS FOR DECEMBER 31, 2001 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
Dollar Amounts in Thousands ----------------------------------------------------------------------------------------- ASSETS 1. Cash and balances due from depository institutions (from Schedule RC-A): a. Noninterest-bearing balances and currency and coin(1)........................ 1,284 1.a. b. Interest-bearing balances(2)................................................. 22,000 1.b. 2. Securities: a. Held-to-maturity securities (from Schedule RC-B, column A)................... 0 2.a. b. Available-for-sale securities (from Schedule RC-B, column D)................. 82,894 2.b. 3. Federal funds sold and securities purchased under agreements to resell............. 0 3. 4. Loans and lease financing receivables (from Schedule RC-C): a. Loans and leases held for sale................................. 0 4.a. b. Loans and leases, net of unearned income....................... 0 4.b. c. LESS: Allowance for loan and lease losses..................... 0 4.c. d. Loans and leases, net of unearned income and allowance (item 4.b minus 4.c)......................................................... 0 4.d. 5. Trading assets (from Schedule RC-D)................................................ 0 5. 6. Premises and fixed assets (including capitalized leases)........................... 4,740 6. 7. Other real estate owned (from Schedule RC-M)....................................... 0 7. 8. Investments in unconsolidated subsidiaries and associated companies (from Schedule RC-M)............................................................... 0 8. 9. Customers' liability to this bank on acceptances outstanding....................... 0 9. 10. Intangible assets.................................................................. a. Goodwill..................................................................... 0 10.a b. Other intangible assets (from Schedule RC-M) ................................ 809 10.b 11. Other assets (from Schedule RC-F).................................................. 7,357 11. 12. Total assets (sum of items 1 through 11)........................................... 119,084 12.
-------------------- (1) Includes cash items in process of collection and unposted debits. (2) Includes time certificates of deposit not held for trading. Bankers Trust Company Of California, Call Date: 12/31/2001 FFIEC 041 National Association Page RC-2 300 South Grand Avenue Los Angeles, CA 90071 FDIC Certificate No. 26732 SCHEDULE RC - CONTINUED
Dollar Amounts in Thousands ------------------------------------------------------------------------------------------ LIABILITIES 13. Deposits: a. In domestic offices (sum of totals of columns A and C from Schedule RC-E)..... 0 13.a. (1) Noninterest bearing(1)................................ 0 13.a.(1) (2) Interest-bearing...................................... 0 13.a.(2) b. Not applicable................................................................ 14. Federal funds purchased and securities sold under agreements to repurchase.......... 0 14 15. Trading liabilities (from Schedule RC-D)............................................ 0 15 16. Other borrowed money (includes mortgage indebtedness and obligations under 0 16. capitalized leases) (from Schedule RC-M):........................................... 17. Not applicable 18. Bank's liability on acceptances executed and outstanding............................ 0 18. 19. Subordinated notes and debentures (2)............................................... 0 19. 20. Other liabilities (from Schedule RC-G).............................................. 9,680 20. 21. Total liabilities (sum of items 13 through 20)...................................... 9,680 21. 22. Minority interest in consolidated subsidiaries...................................... 0 22. EQUITY CAPITAL 23. Perpetual preferred stock and related surplus....................................... 0 23. 24. Common stock........................................................................ 50,000 24. 25. Surplus (exclude all surplus related to preferred stock)............................ 50,000 25. 26. a. Retained earnings............................................................. 9,427 26.a. b. Accumulated other comprehensive income (3).................................... (23) 26.b. 27. Other equity capital components (4)................................................. 0 27. 28. Total equity capital (sum of items 23 through 27)................................... 109,404 28. 29. Total liabilities, minority interest, and equity capital (sum of items 21, 22 and 28) 119,084 29. Memorandum TO BE REPORTED WITH THE MARCH REPORT OF CONDITION. 1. Indicate in the box at the right the number of the statement below that best describes Number the most comprehensive level of auditing work performed for the bank by independent external auditors as of any date during 2000........................................ N/A M.1. 1 = Independent audit of the bank conducted in 4 = Directors' examination of the bank conducted in accordance with generally accepted auditing accordance with generally accepted auditing standards by a certified public accounting firm standards by a certified public accounting firm which submits a report on the bank (may be required by state chartering authority) 2 = Independent audit of the bank's parent holding 5 = Directors' examination of the bank performed by company conducted in accordance with generally other external auditors (may be required by state accepted auditing standards by a certified public chartering authority) accounting firm which submits a report on the consolidated holding company (but not on the bank 6 = Review of the bank's financial statements by separately) external auditors 7 = Compilation of the bank's financial statements by 3 = Attestation on bank management's assertion on the external auditors effectiveness of the bank's internal control over 8 = Other audit procedures (excluding tax preparation financial reporting by a certified public work) accounting firm 9 = No external audit work
-------------------- (1) Includes total demand deposits and noninterest-bearing time and savings deposits. (2) Includes limited-life preferred stock and related surplus. (3) Includes net unrealized holding gains (losses) on available-for-sale securities, accumulated net gains (losses) on cash flow hedges, and minimum pension liability adjustments. (4) Includes treasury stock and unearned Employee Stock Ownership Plan shares.