EX-99.7 2 d130615dex997.htm EX-99.7 EX-99.7

Exhibit 7

 

Umb Bank, National Association - FDIC Certificate Number: 8273   
   FFIEC 041

Consolidated Report of Condition for Insured Banks

and Savings Associations for December 31, 2020

  

Page 17 of 86

RC-1

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      RCON      Amount       

Assets

              

1. Cash and balances due from depository institutions (from Schedule RC-A):

              

a. Noninterest-bearing balances and currency and coin (1)

           0081        430,026      1.a.

b. Interest-bearing balances (2)

           0071        3,187,434      1.b.

2. Securities:

              

a. Held-to-maturity securities (from Schedule RC-B, column A) (3)

           JJ34        1,012,004      2.a.

b. Available-for-sale debt securities (from Schedule RC-B, column D)

           1773        9,299,623      2.b.

c. Equity securities with readily determinable fair values not held for trading (4)

           JA22        107,081      2.c.

3. Federal funds sold and securities purchased under agreements to resell:

              

a. Federal funds sold

           B987        0      3.a.

b. Securities purchased under agreements to resell (5,6)

           B989        1,650,335      3.b.

4. Loans and lease financing receivables (from Schedule RC-C):

              

a. Loans and leases held for sale

           5369        6,708      4.a.

b. Loans and leases held for investment

     B528        16,101,864            4.b.

c. LESS: Allowance for loan and lease losses (7)

     3123        215,973            4.c.

d. Loans and leases held for investment, net of allowance (item 4.b minus 4.c)

           B529        15,885,891      4.d.

5. Trading assets (from Schedule RC-D)

           3545        31,104      5.

6. Premises and fixed assets (including capitalized leases)

           2145        224,719      6.

7. Other real estate owned (from Schedule RC-M)

           2150        4,740      7.

8. Investments in unconsolidated subsidiaries and associated companies

           2130        0      8.

9. Direct and indirect investments in real estate ventures

           3656        0      9.

10. Intangible assets (from Schedule RC-M)

           2143        126,255      10.

11. Other assets (from Schedule RC-F) (6)

           2160        1,010,062      11.

12. Total assets (sum of items 1 through 11)

           2170        32,975,982      12.

Liabilities

              

13. Deposits:

              

a. In domestic offices (sum of totals of columns A and C from Schedule RC-E)

           2200        27,232,240      13.a.

(1) Noninterest-bearing (8)

     6631        10,061,012            13.a.1.

(2) Interest-bearing

     6636        17,171,228            13.a.2.

b. Not applicable

              

14. Federal funds purchased and securities sold under agreements to repurchase:

              

a. Federal funds purchased (9)

           B993        65,636      14.a.

b. Securities sold under agreements to repurchase (10)

           B995        2,249,861      14.b.

15. Trading liabilities (from Schedule RC-D)

           3548        0      15.

16. Other borrowed money (includes mortgage indebtedness) (from Schedule RC-M)

           3190        0      16.

17. and 18. Not applicable

              

19. Subordinated notes and debentures (11)

           3200        0      19.

 

1

Includes cash items in process of collection and unposted debits.

2

Includes time certificates of deposit not held for trading.

3

Institutions that have adopted ASU 2016-13 should report in item 2.a amounts net of any applicable allowance for credit losses, and item 2.a should equal Schedule RC-B, item 8, column A, less Schedule RI-B, Part II, item 7, column B.

4

Item 2.c is to be completed by all institutions. See the instructions for this item and the Glossary entry for “Securities Activities” for further detail on accounting for investments in equity securities.

5

Includes all securities resale agreements, regardless of maturity.

6

Institutions that have adopted ASU 2016-13 should report in items 3.b and 11 amounts net of any applicable allowance for credit losses.

7

Institutions that have adopted ASU 2016-13 should report in item 4.c the allowance for credit losses on loans and leases.

8

Includes noninterest-bearing, demand, time, and savings deposits.

9

Report overnight Federal Home Loan Bank advances in Schedule RC, item 16, “Other borrowed money.”

10

Includes all securities repurchase agreements, regardless of maturity.

11

Includes limited-life preferred stock and related surplus.

 

 

Reporting Period: December 31, 2020    January 29, 2021 1:10 PM


Umb Bank, National Association—FDIC Certificate Number: 8273   
   FFIEC 041
Schedule RC - Continued   

Page 18 of 86

RC-2

 

     Dollar Amounts in Thousands      RCON      Amount         

Liabilities - continued

           

20. Other liabilities (from Schedule RC-G)

        2930        525,686        20.  

21. Total liabilities (sum of items 13 through 20)

        2948        30,073,423        21.  

22. Not applicable

           

Equity Capital

           

Bank Equity Capital

           

23. Perpetual preferred stock and related surplus

        3838        0        23.  

24. Common stock

        3230        21,250        24.  

25. Surplus (excludes all surplus related to preferred stock)

        3839        849,822        25.  

26. a. Retained earnings

        3632        1,704,062        26.a.  

b. Accumulated other comprehensive income (1)

        B530        327,425        26.b.  

c. Other equity capital components (2)

        A130        0        26.c.  

27. a. Total bank equity capital (sum of items 23 through 26.c)

        3210        2,902,559        27.a.  

b. Noncontrolling (minority) interests in consolidated subsidiaries

        3000        0        27.b.  

28. Total equity capital (sum of items 27.a and 27.b)

        G105        2,902,559        28.  

29. Total liabilities and equity capital (sum of items 21 and 28)

        3300        32,975,982        29.  

 

Memoranda

        

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 the most comprehensive level of auditing work performed for the bank by independent external

     RCON        Number     

    auditors as of any date during 2019

     6724        NR        M.1.  

 

1a = An integrated audit of the reporting institution’s financial statements and its internal control over financial reporting conducted in accordance with the standards of the American Institute of Certified Public Accountants (AICPA) or the Public Company Accounting Oversight Board (PCAOB) by an independent public accountant that submits a report on the institution

1b = An audit of the reporting institution’s financial statements only conducted in accordance with the auditing standards of the AICPA or the PCAOB by an independent public accountant that submits a report on the institution

2a = An integrated audit of the reporting institution’s parent holding company’s consolidated financial statements and its internal control over financial reporting conducted in accordance with the standards of the AICPA or the PCAOB by an independent public accountant that submits a report on the consolidated holding company (but not on the institution separately)

2b = An audit of the reporting institution’s parent holding company’s consolidated financial statements only conducted in accordance with the auditing standards of the AICPA or the PCAOB by an independent public accountant that submits a report on the consolidated holding company (but not on the institution separately)

3 = This number is not to be used

4 = Directors’ examination of the bank conducted in accordance with generally accepted auditing standards by a certified public accounting firm (may be required by state-chartering authority)

5 = Directors’ examination of the bank performed by other external auditors (may be required by state-chartering authority)

6 = Review of the bank’s financial statements by external auditors

7 = Compilation of the bank’s financial statements by external auditors

8 = Other audit procedures (excluding tax preparation work)

9 = No external audit work

 

 

To be reported with the March Report of Condition.

 

     RCON        Date     

2. Bank’s fiscal year-end date (report the date in MMDD format)

     8678        NR        M.2.  

 

1

Includes, but is not limited to, net unrealized holding gains (losses) on available-for-sale securities, accumulated net gains (losses) on cash flow hedges, and accumulated defined benefit pension and other postretirement plan adjustments.

2

Includes treasury stock and unearned Employee Stock Ownership Plan shares.

 

 

Reporting Period: December 31, 2020    January 29, 2021 1:10 PM