EX-25.1 118 a2165920zex-25_1.htm EXHIBIT 25.1

Exhibit 25.1

 

FORM T-1

 

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

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)           
o

 


 

THE BANK OF NEW YORK

(Exact name of trustee as specified in its charter)

 

New York

 

13-5160382

(State of incorporation
if not a U.S. national bank)

 

(I.R.S. employer
identification no.)

 

 

 

One Wall Street, New York, N.Y.

 

10286

(Address of principal executive offices)

 

(Zip code)

 


 

NBTY, Inc.

(Exact name of obligor as specified in its charter)

 

Delaware

 

11-2228617

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

90 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 



 

American Health, Inc.

(Exact name of obligor as specified in its charter)

 

Nevada

 

11-3215708

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

90 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 

Arco Pharmaceuticals, Inc.

(Exact name of obligor as specified in its charter)

 

Delaware

 

11-1964154

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

105 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 

Arthritis Research Corp.

(Exact name of obligor as specified in its charter)

 

Delaware

 

11-3571750

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

90 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 

Biosmart Direct Sales, LLC

(Exact name of obligor as specified in its charter)

 

Colorado

 

74-2939984

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

10701 Melody Drive

 

 

North Glenn, Colorado

 

80241

(Address of principal executive offices)

 

(Zip code)

 

2



 

De Tuinen Ltd.

(Exact name of obligor as specified in its charter)

 

New York

 

55-0829244

(State or other jurisdiction of
incorporation or organization)a

 

(I.R.S. employer
identification no.)

 

 

 

90 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 

Diabetes American Research Corp.

(Exact name of obligor as specified in its charter)

 

Delaware

 

20-2521263

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

90 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 

Dynamic Essentials (DE), Inc.

(Exact name of obligor as specified in its charter)

 

Delaware

 

11-3488076

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

255 Primera Boulevard

 

 

Lake Mary, Florida

 

32746

(Address of principal executive offices)

 

(Zip code)

 

Eurolean Research, LLC

(Exact name of obligor as specified in its charter)

 

New York

 

02-0643099

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

90 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 

3



 

Food Systems, Inc.

(Exact name of obligor as specified in its charter)

 

Delaware

 

20-0329655

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

90 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 

Good N’ Natural Manufacturing Corp.

(Exact name of obligor as specified in its charter)

 

Delaware

 

06-1307453

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

90 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 

Healthwatchers (DE), Inc.

(Exact name of obligor as specified in its charter)

 

Delaware

 

11-3547669

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

90 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 

Holland & Barrett, Ltd.

(Exact name of obligor as specified in its charter)

 

New York

 

11-3521646

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

90 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 

4



 

Met-Rx Nutrition, Inc.

(Exact name of obligor as specified in its charter)

 

Delaware

 

74-2900945

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

90 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 

Met-Rx Substrate Technology, Inc.

(Exact name of obligor as specified in its charter)

 

California

 

74-2900977

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

90 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 

Met-Rx USA, Inc.

(Exact name of obligor as specified in its charter)

 

Nevada

 

33-0626256 

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

90 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 

Nabarco Advertising Associates, Inc.

(Exact name of obligor as specified in its charter)

 

New York

 

11-2337463 

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

90 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 

5



 

Natural Wealth Nutrition Corporation

(Exact name of obligor as specified in its charter)

 

Delaware

 

06-1309450 

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

90 Orville Drive

 

 

Bohemia,

 

11716

New York (Address of principal executive offices)

 

(Zip code)

 

Nature’s Bounty Inc.

(Exact name of obligor as specified in its charter)

 

Delaware

 

11-3476521 

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

90 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 

Nature’s Bounty Manufacturing Corp.

(Exact name of obligor as specified in its charter)

 

Delaware

 

11-3155471 

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

90 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 

Nature’s Bounty, Inc.

(Exact name of obligor as specified in its charter)

 

New York

 

11-3476520 

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

105 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 

6



 

Naturesmart, LLC

(Exact name of obligor as specified in its charter)

 

Colorado

 

84-1574109 

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

90 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 

NBTY Aviation, LLC

(Exact name of obligor as specified in its charter)

 

Delaware

 

20-0452439 

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

90 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 

NBTY CAH Company

(Exact name of obligor as specified in its charter)

 

Delaware

 

57-1179086 

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

90 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 

NBTY CAM Company

(Exact name of obligor as specified in its charter)

 

Delaware

 

57-1179084 

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

90 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 

7



 

NBTY Canada Acquisition, Inc.

(Exact name of obligor as specified in its charter)

 

Delaware

 

20-2302240 

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

90 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 

NBTY China Holdings, Inc.

(Exact name of obligor as specified in its charter)

 

Delaware

 

20-2340410 

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

90 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 

NBTY China, Inc.

(Exact name of obligor as specified in its charter)

 

Delaware

 

20-2340866 

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

90 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 

NBTY Distribution, Inc.

(Exact name of obligor as specified in its charter)

 

New York

 

65-1194684 

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

90 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 

8



 

NBTY Flight Services, LLC

(Exact name of obligor as specified in its charter)

 

Delaware

 

20-0405973 

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

90 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 

NBTY Manufacturing, LLC

(Exact name of obligor as specified in its charter)

 

Delaware

 

11-3602075 

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

5115 E. La Palma Avenue 

 

 

Anaheim, California 

 

92807 

(Address of principal executive offices)

 

(Zip code)

 

NBTY PAH, LLC

(Exact name of obligor as specified in its charter)

 

Delaware

 

20-1450146 

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

90 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 

NBTY Transportation, Inc.

(Exact name of obligor as specified in its charter)

 

Delaware

 

20-1414398 

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

90 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 

9



 

NBTY Ukraine 1, LLC

(Exact name of obligor as specified in its charter)

 

Delaware

 

20-2418308 

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

90 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 

NBTY Ukraine 2, LLC

(Exact name of obligor as specified in its charter)

 

Delaware

 

20-2418361 

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

90 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 

NBTY Ukraine, Inc.

(Exact name of obligor as specified in its charter)

 

Delaware

 

20-2417970 

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

90 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 

Nutrition Headquarters (DE), Inc.

(Exact name of obligor as specified in its charter)

 

Delaware

 

11-3434258 

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

90 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 

10



 

Omni Vitamin And Nutrition Corp.

(Exact name of obligor as specified in its charter)

 

Delaware

 

11-3019778 

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

90 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 

Physiologics, LLC

(Exact name of obligor as specified in its charter)

 

Colorado

 

74-2939985 

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

90 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 

Precision Engineered Limited (USA)

(Exact name of obligor as specified in its charter)

 

Delaware

 

20-0900916 

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

90 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 

Puritan’s Pride, Inc.

(Exact name of obligor as specified in its charter)

 

New York

 

06-1309452 

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

90 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 

11



 

Rexall, Inc.

(Exact name of obligor as specified in its charter)

 

Florida

 

75-3144967 

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

90 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 

Rexall Sundown, Inc.

(Exact name of obligor as specified in its charter)

 

Florida

 

59-1688986 

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

90 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 

Rexall US Delaware, Inc.

(Exact name of obligor as specified in its charter)

 

Delaware

 

36-4380978 

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

90 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 

Richardson Labs, Inc.

(Exact name of obligor as specified in its charter)

 

Delaware

 

94-3290105 

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

90 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 

12



 

RXSD Inc.

(Exact name of obligor as specified in its charter)

 

Nevada

 

88-0403309 

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

90 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 

Sundown, Inc.

(Exact name of obligor as specified in its charter)

 

Florida

 

75-3144968 

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

90 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 

The Non-Irradiated Herbal Manufacturers Group, LLC

(Exact name of obligor as specified in its charter)

 

Delaware

 

16-1690316 

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

90 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 

United States Nutrition, Inc.

(Exact name of obligor as specified in its charter)

 

Delaware

 

20-0375273 

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

90 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 

13



 

United Vitamin Manufacturing Corp.

(Exact name of obligor as specified in its charter)

 

New York

 

11-3215704 

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

90 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 

Vitamin World (Boca), LLC

(Exact name of obligor as specified in its charter)

 

Delaware

 

11-3624307 

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

90 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 

Vitamin World (VI), Inc.

(Exact name of obligor as specified in its charter)

 

U.S. Virgin Islands

 

33-1129839 

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

Suite 208, Citibank Building

 

 

Veteran’s Drive

 

 

P.O. Box 5304

 

 

St. Thomas, VI

 

 

U.S. Virgin Islands

 

00803-5304 

(Address of principal executive offices)

 

(Zip code)

 

14



 

Vitamin World Of Guam, LLC

(Exact name of obligor as specified in its charter)

 

Delaware

 

11-3612056 

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

90 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 

Vitamin World Online, Inc.

(Exact name of obligor as specified in its charter)

 

New York

 

11-3477485 

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

90 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 

Vitamin World Outlet Stores, Inc.

(Exact name of obligor as specified in its charter)

 

Nevada

 

11-3215707 

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

90 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 

Vitamin World, Inc.

(Exact name of obligor as specified in its charter)

 

Delaware

 

11-2302283 

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

90 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 

15



 

Worldwide Sport Nutritional Supplements, Inc.

(Exact name of obligor as specified in its charter)

 

New York

 

16-1477378 

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

90 Orville Drive

 

 

Bohemia, New York

 

11716

(Address of principal executive offices)

 

(Zip code)

 


 

71/8% Senior Subordinated Notes due 2015

(Title of the indenture securities)

 

16



 

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.

 

Name

 

Address

 

 

 

Superintendent of Banks of the State of
New York

 

One State Street, New York, N.Y.
10004-1417, and Albany, N.Y.
12223

 

 

 

Federal Reserve Bank of New York

 

33 Liberty Street, New York, N.Y.
10045

 

 

 

Federal Deposit Insurance Corporation

 

Washington, D.C. 20429

 

 

 

New York Clearing House Association

 

New York, New York 10005

 

(b)                                  Whether it is authorized to exercise corporate trust powers.

 

Yes.

 

2.                                      Affiliations with Obligor.

 

If the obligor is an affiliate of the trustee, describe each such affiliation.

 

None.

 

16.                               List of Exhibits.

 

Exhibits identified in parentheses below, on file with the Commission, are incorporated herein by reference as an exhibit hereto, pursuant to Rule 7a-29 under the Trust Indenture Act of 1939 (the “Act”) and 17 C.F.R. 229.10(d).

 

1.                                       A copy of the Organization Certificate of The Bank of New York (formerly Irving Trust Company) as now in effect, which contains the authority to commence business and a grant of powers to exercise corporate trust powers. (Exhibit 1 to Amendment No. 1 to Form T-1 filed with Registration Statement No. 33-6215, Exhibits 1a and 1b to Form T-1 filed with Registration Statement No. 33-21672, Exhibit 1 to Form T-1 filed with Registration Statement No. 33-29637 and Exhibit 1 to Form 
T-1 filed with Registration Statement No. 333-121195.)

 

4.                                       A copy of the existing By-laws of the Trustee. (Exhibit 4 to Form T-1 filed with Registration Statement No. 333-121195.)

 

17



 

6.                                       The consent of the Trustee required by Section 321(b) of the Act. (Exhibit 6 to Form T-1 filed with Registration Statement No. 333-106702.)

 

7.                                       A copy of the latest report of condition of the Trustee published pursuant to law or to the requirements of its supervising or examining authority.

 

18



 

SIGNATURE

 

Pursuant to the requirements of the Act, the Trustee, The Bank of New York, a corporation organized and existing under the laws of the State of New York, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in The City of New York, and State of New York, on the 27th day of February, 2006.

 

 

 

THE BANK OF NEW YORK

 

 

 

By:

/S/

BEATA HRYNIEWICKA

 

 

Name:

BEATA HRYNIEWICKA

 

 

Title:

ASSISTANT TREASURER

 

19


EXHIBIT 7

 

Consolidated Report of Condition of

 

THE BANK OF NEW YORK

 

of One Wall Street, New York, N.Y. 10286
And Foreign and Domestic Subsidiaries,

a member of the Federal Reserve System, at the close of business December 31, 2005, published in accordance with a call made by the Federal Reserve Bank of this District pursuant to the provisions of the Federal Reserve Act.

 

 

 

Dollar Amounts
In Thousands

 

ASSETS

 

 

 

Cash and balances due from depository institutions:

 

 

 

Noninterest-bearing balances and currency and coin

 

$

3,361,000

 

Interest-bearing balances

 

7,528,000

 

Securities:

 

 

 

Held-to-maturity securities

 

1,977,000

 

Available-for-sale securities

 

22,664,000

 

Federal funds sold and securities purchased under agreements to resell

 

 

 

Federal funds sold in domestic offices

 

809,000

 

Securities purchased under agreements to resell

 

309,000

 

Loans and lease financing receivables:

 

 

 

Loans and leases held for sale

 

0

 

Loans and leases, net of unearned income

 

33,263,000

 

LESS: Allowance for loan and lease losses

 

408,000

 

Loans and leases, net of unearned income and allowance

 

32,855,000

 

Trading assets

 

5,625,000

 

Premises and fixed assets (including capitalized leases)

 

821,000

 

Other real estate owned

 

0

 

Investments in unconsolidated subsidiaries and associated companies

 

283,000

 

Customers’ liability to this bank on acceptances outstanding

 

117,000

 

Intangible assets:

 

 

 

Goodwill

 

2,138,000

 

Other intangible assets

 

764,000

 

 



 

Other assets

 

6,617,000

 

Total assets

 

$

85,868,000

 

 

 

 

 

LIABILITIES

 

 

 

Deposits:

 

 

 

In domestic offices

 

$

38,100,000

 

Noninterest-bearing

 

18,123,000

 

Interest-bearing

 

19,977,000

 

In foreign offices, Edge and Agreement subsidiaries, and IBFs

 

27,218,000

 

Noninterest-bearing

 

383,000

 

Interest-bearing

 

26,835,000

 

Federal funds purchased and securities sold under agreements to repurchase

 

 

 

Federal funds purchased in domestic offices

 

844,000

 

Securities sold under agreements to repurchase

 

118,000

 

Trading liabilities

 

2,555,000

 

Other borrowed money: (includes mortgage indebtedness and obligations under capitalized leases).

 

1,327,000

 

Not applicable

 

 

 

Bank’s liability on acceptances executed and outstanding

 

119,000

 

Subordinated notes and debentures

 

1,955,000

 

Other liabilities

 

5,119,000

 

Total liabilities

 

$

77,355,000

 

Minority interest in consolidated subsidiaries

 

139,000

 

 

 

 

 

EQUITY CAPITAL

 

 

 

Perpetual preferred stock and related surplus

 

0

 

Common stock

 

1,135,000

 

Surplus (exclude all surplus related to preferred stock)

 

2,097,000

 

Retained earnings

 

5,256,000

 

Accumulated other comprehensive income

 

-114,000

 

Other equity capital components

 

0

 

Total equity capital

 

8,374,000

 

Total liabilities, minority interest, and equity capital

 

$

85,868,000

 

 



 

I, Thomas J. Mastro, Executive Vice President and Comptroller of the above-named bank do hereby declare that this Report of Condition is true and correct to the best of my knowledge and belief.

 

Thomas J. Mastro,

 

Executive Vice President and Comptroller

 

 

We, the undersigned directors, attest to the correctness of this statement of resources and liabilities. We declare that it has been examined by us, and to the best of our knowledge and belief has been prepared in conformance with the instructions and is true and correct.

 

Thomas A. Renyi

Directors

Gerald L. Hassell