EX-25.1 18 a2217760zex-25_1.htm EX-25.1

Exhibit 25.1

 

 

 

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) o

 

WELLS FARGO BANK, NATIONAL ASSOCIATION

(Exact name of trustee as specified in its charter)

 

A National Banking Association

 

94-1347393

(Jurisdiction of incorporation or

 

(I.R.S. Employer

organization if not a U.S. national

 

Identification No.)

bank)

 

 

 

 

 

101 North Phillips Avenue

 

 

Sioux Falls, South Dakota

 

57104

(Address of principal executive offices)

 

(Zip code)

 

Wells Fargo & Company

Law Department, Trust Section

MAC N9305-175

Sixth Street and Marquette Avenue, 17th Floor

Minneapolis, Minnesota 55479

(612) 667-4608

(Name, address and telephone number of agent for service)

 

 

FIRST DATA CORPORATION

(Exact name of obligor as specified in its charter)

 

Delaware

 

47-0731996

(State or other jurisdiction of

 

(I.R.S. Employer

incorporation or organization)

 

Identification No.)

 

 

 

5565 Glenridge Connector, N.E.

 

 

Suite 200

 

 

Atlanta, Georgia

 

30342

(Address of principal executive offices)

 

(Zip code)

 

 

11.25% Senior Notes due 2021

10.625% Senior Notes due 2021

11.75% Senior Subordinated Notes due 2021

Guarantees of 11.25% Senior Notes due 2021

Guarantees of 10.625% Senior Notes due 2021

Guarantees of 11.75% Senior Subordinated Notes due 2021

(Title of the indenture securities)

 

 

 

 

Table of Additional Registrant Guarantors

 

Exact Name of Registrant Guarantor as
Specified in its Charter
(or Other Organizational Document)

 

State or Other
Jurisdiction of
Incorporation
or Organization

 

I.R.S. Employer
Identification
Number

 

Address, Including Zip Code,
and Telephone Number,
Including Area Code,
of Registrant Guarantor’s
Principal
Executive Offices

Bankcard Investigative Group Inc.

 

Delaware

 

58-2368158

 

5565 Glenridge
Connector, N.E.
Suite 2000
Atlanta, Georgia 30342
(404) 890-2000

BUYPASS Inco Corporation

 

Delaware

 

51-0362700

 

5565 Glenridge
Connector, N.E.
Suite 2000
Atlanta, Georgia 30342
(404) 890-2000

Call Interactive Holdings LLC

 

Delaware

 

45-0492144

 

5565 Glenridge
Connector, N.E.
Suite 2000
Atlanta, Georgia 30342
(404) 890-2000

CESI Holdings, Inc.

 

Delaware

 

11-3145051

 

5565 Glenridge
Connector, N.E.
Suite 2000
Atlanta, Georgia 30342
(404) 890-2000

Clover MarketPlace, LLC

 

Delaware

 

59-2126793

 

5565 Glenridge
Connector, N.E.
Suite 2000
Atlanta, Georgia 30342
(404) 890-2000

Clover Network, Inc.

 

Delaware

 

27-3703012

 

5565 Glenridge
Connector, N.E.
Suite 2000
Atlanta, Georgia 30342
(404) 890-2000

Concord Computing Corporation

 

Delaware

 

36-3833854

 

5565 Glenridge
Connector, N.E.
Suite 2000
Atlanta, Georgia 30342
(404) 890-2000

Concord Corporate Services, Inc.

 

Delaware

 

23-2709591

 

5565 Glenridge
Connector, N.E.
Suite 2000
Atlanta, Georgia 30342
(404) 890-2000

Concord EFS Financial Services, Inc.

 

Delaware

 

01-0757630

 

5565 Glenridge
Connector, N.E.
Suite 2000
Atlanta, Georgia 30342
(404) 890-2000

Concord EFS, Inc.

 

Delaware

 

04-2462252

 

5565 Glenridge
Connector, N.E.
Suite 2000
Atlanta, Georgia 30342
(404) 890-2000

Concord Emerging Technologies, Inc.

 

Arizona

 

86-0837769

 

5565 Glenridge
Connector, N.E.
Suite 2000
Atlanta, Georgia 30342
(404) 890-2000

 


 

Exact Name of Registrant Guarantor as
Specified in its Charter
(or Other Organizational Document)

 

State or Other
Jurisdiction of
Incorporation
or Organization

 

I.R.S. Employer
Identification
Number

 

Address, Including Zip Code,
and Telephone Number,
Including Area Code,
of Registrant Guarantor’s
Principal
Executive Offices

Concord Financial Technologies, Inc.

 

Delaware

 

13-4064184

 

5565 Glenridge
Connector, N.E.
Suite 2000
Atlanta, Georgia 30342
(404) 890-2000

Concord One, LLC

 

Delaware

 

01-0757619

 

5565 Glenridge
Connector, N.E.
Suite 2000
Atlanta, Georgia 30342
(404) 890-2000

Concord Payment Services, Inc.

 

Georgia

 

58-1495598

 

5565 Glenridge
Connector, N.E.
Suite 2000
Atlanta, Georgia 30342
(404) 890-2000

Concord Processing, Inc.

 

Delaware

 

57-1143159

 

5565 Glenridge
Connector, N.E.
Suite 2000
Atlanta, Georgia 30342
(404) 890-2000

Concord Transaction Services, LLC

 

Colorado

 

20-0187517

 

5565 Glenridge
Connector, N.E.
Suite 2000
Atlanta, Georgia 30342
(404) 890-2000

CTS Holdings, LLC

 

Colorado

 

20-0675870

 

5565 Glenridge
Connector, N.E.
Suite 2000
Atlanta, Georgia 30342
(404) 890-2000

CTS, Inc.

 

Tennessee

 

52-2251178

 

5565 Glenridge
Connector, N.E.
Suite 2000
Atlanta, Georgia 30342
(404) 890-2000

EPSF Corporation

 

Delaware

 

51-0380978

 

5565 Glenridge
Connector, N.E.
Suite 2000
Atlanta, Georgia 30342
(404) 890-2000

FDFS Holdings, LLC

 

Delaware

 

84-1564482

 

5565 Glenridge
Connector, N.E.
Suite 2000
Atlanta, Georgia 30342
(404) 890-2000

 


 

Exact Name of Registrant Guarantor as
Specified in its Charter
(or Other Organizational Document)

 

State or Other
Jurisdiction of
Incorporation
or Organization

 

I.R.S. Employer
Identification
Number

 

Address, Including Zip Code,
and Telephone Number,
Including Area Code,
of Registrant Guarantor’s
Principal
Executive Offices

FDGS Group, LLC

 

Delaware

 

58-2582293

 

5565 Glenridge
Connector, N.E.
Suite 2000
Atlanta, Georgia 30342
(404) 890-2000

FDR Ireland Limited

 

Delaware

 

98-0122368

 

5565 Glenridge
Connector, N.E.
Suite 2000
Atlanta, Georgia 30342
(404) 890-2000

FDR Limited

 

Delaware

 

98-0122367

 

5565 Glenridge
Connector, N.E.
Suite 2000
Atlanta, Georgia 30342
(404) 890-2000

FDR Missouri Inc.

 

Delaware

 

47-0772712

 

5565 Glenridge
Connector, N.E.
Suite 2000
Atlanta, Georgia 30342
(404) 890-2000

FDS Holdings, Inc.

 

Delaware

 

58-2517182

 

5565 Glenridge
Connector, N.E.
Suite 2000
Atlanta, Georgia 30342
(404) 890-2000

First Data Capital, Inc.

 

Delaware

 

58-2436936

 

5565 Glenridge
Connector, N.E.
Suite 2000
Atlanta, Georgia 30342
(404) 890-2000

First Data Card Solutions, Inc.

 

Maryland

 

75-1300913

 

5565 Glenridge
Connector, N.E.
Suite 2000
Atlanta, Georgia 30342
(404) 890-2000

First Data Commercial Services Holdings, Inc.

 

Delaware

 

20-5626772

 

5565 Glenridge
Connector, N.E.
Suite 2000
Atlanta, Georgia 30342
(404) 890-2000

First Data Communications Corporation

 

Delaware

 

22-2991933

 

5565 Glenridge
Connector, N.E.
Suite 2000
Atlanta, Georgia 30342
(404) 890-2000

First Data EC, LLC

 

Delaware

 

30-0512868

 

5565 Glenridge
Connector, N.E.
Suite 2000
Atlanta, Georgia 30342
(404) 890-2000

 

 

Exact Name of Registrant Guarantor as
Specified in its Charter
(or Other Organizational Document)

 

State or Other
Jurisdiction of
Incorporation
or Organization

 

I.R.S. Employer
Identification
Number

 

Address, Including Zip Code,
and Telephone Number,
Including Area Code,
of Registrant Guarantor’s
Principal
Executive Offices

First Data Government Solutions, Inc.

 

Delaware

 

59-2957887

 

5565 Glenridge

Connector, N.E.

Suite 2000

Atlanta, Georgia 30342

(404) 890-2000

First Data Government Solutions, LP

 

Delaware

 

58-2582959

 

5565 Glenridge

Connector, N.E.

Suite 2000

Atlanta, Georgia 30342

(404) 890-2000

First Data Latin America Inc.

 

Delaware

 

47-0789663

 

5565 Glenridge

Connector, N.E.

Suite 2000

Atlanta, Georgia 30342

(404) 890-2000

First Data Merchant Services Corporation

 

Florida

 

59-2126793

 

5565 Glenridge

Connector, N.E.

Suite 2000

Atlanta, Georgia 30342

(404) 890-2000

First Data Merchant Services Northeast, LLC

 

Delaware

 

11-3383565

 

5565 Glenridge

Connector, N.E.

Suite 2000

Atlanta, Georgia 30342

(404) 890-2000

First Data Merchant Services Southeast, L.L.C.

 

Delaware

 

11-3301903

 

5565 Glenridge

Connector, N.E.

Suite 2000

Atlanta, Georgia 30342

(404) 890-2000

First Data Mobile Holdings, Inc.

 

Delaware

 

20-5449819

 

5565 Glenridge

Connector, N.E.

Suite 2000

Atlanta, Georgia 30342

(404) 890-2000

First Data Payment Services, LLC

 

Delaware

 

26-0359308

 

5565 Glenridge

Connector, N.E.

Suite 2000

Atlanta, Georgia 30342

(404) 890-2000

First Data Real Estate Holdings L.L.C.

 

Delaware

 

84-1593311

 

5565 Glenridge

Connector, N.E.

Suite 2000

Atlanta, Georgia 30342

(404) 890-2000

First Data Resources, LLC

 

Delaware

 

47-0535472

 

5565 Glenridge

Connector, N.E.

Suite 2000

Atlanta, Georgia 30342

(404) 890-2000

 


 

Exact Name of Registrant Guarantor as
Specified in its Charter
(or Other Organizational Document)

 

State or Other
Jurisdiction of
Incorporation
or Organization

 

I.R.S. Employer
Identification
Number

 

Address, Including Zip Code,
and Telephone Number,
Including Area Code,
of Registrant Guarantor’s
Principal
Executive Offices

First Data Retail ATM Services L.P.

 

Texas

 

01-0757624

 

5565 Glenridge

Connector, N.E.

Suite 2000

Atlanta, Georgia 30342

(404) 890-2000

First Data Secure LLC

 

Delaware

 

47-0902841

 

5565 Glenridge

Connector, N.E.

Suite 2000

Atlanta, Georgia 30342

(404) 890-2000

First Data Solutions, Inc.

 

Washington

 

91-2113799

 

5565 Glenridge

Connector, N.E.

Suite 2000

Atlanta, Georgia 30342

(404) 890-2000

First Data Technologies, Inc.

 

Delaware

 

04-3125703

 

5565 Glenridge

Connector, N.E.

Suite 2000

Atlanta, Georgia 30342

(404) 890-2000

First Data Transportation Services, Inc.

 

Tennessee

 

62-1830443

 

5565 Glenridge

Connector, N.E.

Suite 2000

Atlanta, Georgia 30342

(404) 890-2000

First Data Voice Services

 

Delaware

 

22-2915646

 

5565 Glenridge

Connector, N.E.

Suite 2000

Atlanta, Georgia 30342

(404) 890-2000

FSM Services Inc.

 

Delaware

 

58-2517180

 

5565 Glenridge

Connector, N.E.

Suite 2000

Atlanta, Georgia 30342

(404) 890-2000

FundsXpress Financial Network, Inc.

 

Texas

 

74-2830594

 

5565 Glenridge

Connector, N.E.

Suite 2000

Atlanta, Georgia 30342

(404) 890-2000

FundsXpress, Inc.

 

Delaware

 

74-2935781

 

5565 Glenridge

Connector, N.E.

Suite 2000

Atlanta, Georgia 30342

(404) 890-2000

Gift Card Services, Inc.

 

Oklahoma

 

73-1483616

 

5565 Glenridge

Connector, N.E.

Suite 2000

Atlanta, Georgia 30342

(404) 890-2000

Gratitude Holdings LLC

 

Delaware

 

41-2077284

 

5565 Glenridge

Connector, N.E.

Suite 2000

Atlanta, Georgia 30342

(404) 890-2000

 


 

Exact Name of Registrant Guarantor as
Specified in its Charter
(or Other Organizational Document)

 

State or Other
Jurisdiction of
Incorporation
or Organization

 

I.R.S. Employer
Identification
Number

 

Address, Including Zip Code,
and Telephone Number,
Including Area Code,
of Registrant Guarantor’s
Principal
Executive Offices

Ignite Payments, LLC

 

California

 

95-4207932

 

5565 Glenridge

Connector, N.E.

Suite 2000

Atlanta, Georgia 30342

(404) 890-2000

Instant Cash Services, LLC

 

Delaware

 

30-0412561

 

5565 Glenridge

Connector, N.E.

Suite 2000

Atlanta, Georgia 30342

(404) 890-2000

Linkpoint International, Inc.

 

Nevada

 

95-4704661

 

5565 Glenridge

Connector, N.E.

Suite 2000

Atlanta, Georgia 30342

(404) 890-2000

MAS Inco Corporation

 

Delaware

 

51-0362703

 

5565 Glenridge

Connector, N.E.

Suite 2000

Atlanta, Georgia 30342

(404) 890-2000

MAS Ohio Corporation

 

Delaware

 

52-2139525

 

5565 Glenridge

Connector, N.E.

Suite 2000

Atlanta, Georgia 30342

(404) 890-2000

Money Network Financial, LLC

 

Delaware

 

36-4483540

 

5565 Glenridge

Connector, N.E.

Suite 2000

Atlanta, Georgia 30342

(404) 890-2000

National Payment Systems Inc.

 

New York

 

13-3789541

 

5565 Glenridge

Connector, N.E.

Suite 2000

Atlanta, Georgia 30342

(404) 890-2000

New Payment Services, Inc.

 

Georgia

 

20-3848972

 

5565 Glenridge

Connector, N.E.

Suite 2000

Atlanta, Georgia 30342

(404) 890-2000

PayPoint Electronic Payment Systems, LLC

 

Delaware

 

82-0569438

 

5565 Glenridge

Connector, N.E.

Suite 2000

Atlanta, Georgia 30342

(404) 890-2000

PaySys International, Inc.

 

Florida

 

59-2061461

 

5565 Glenridge

Connector, N.E.

Suite 2000

Atlanta, Georgia 30342

(404) 890-2000

Perka, Inc.

 

Delaware

 

27-5492374

 

86 Chambers Street

Suite 704

New York, NY

10007-2606

(404) 890-2000

 


 

Exact Name of Registrant Guarantor as
Specified in its Charter
(or Other Organizational Document)

 

State or Other
Jurisdiction of
Incorporation
or Organization

 

I.R.S. Employer
Identification
Number

 

Address, Including Zip Code,
and Telephone Number,
Including Area Code,
of Registrant Guarantor’s
Principal
Executive Offices

REMITCO LLC

 

Delaware

 

82-0580864

 

5565 Glenridge

Connector, N.E.

Suite 2000

Atlanta, Georgia 30342

(404) 890-2000

Sagebrush Holdings LLC

 

Delaware

 

75-3097583

 

5565 Glenridge

Connector, N.E.

Suite 2000

Atlanta, Georgia 30342

(404) 890-2000

Size Technologies, Inc.

 

California

 

94-3329671

 

5565 Glenridge

Connector, N.E.

Suite 2000

Atlanta, Georgia 30342

(404) 890-2000

Star Networks, Inc.

 

Delaware

 

59-3558624

 

5565 Glenridge

Connector, N.E.

Suite 2000

Atlanta, Georgia 30342

(404) 890-2000

Star Processing, Inc.

 

Delaware

 

23-2696693

 

5565 Glenridge

Connector, N.E.

Suite 2000

Atlanta, Georgia 30342

(404) 890-2000

Star Systems Assets, Inc.

 

Delaware

 

33-0886220

 

5565 Glenridge

Connector, N.E.

Suite 2000

Atlanta, Georgia 30342

(404) 890-2000

Star Systems, Inc.

 

Delaware

 

59-3558623

 

5565 Glenridge

Connector, N.E.

Suite 2000

Atlanta, Georgia 30342

(404) 890-2000

Star Systems, LLC

 

Delaware

 

33-0886218

 

5565 Glenridge

Connector, N.E.

Suite 2000

Atlanta, Georgia 30342

(404) 890-2000

Strategic Investment Alternatives LLC

 

Delaware

 

01-0716816

 

5565 Glenridge

Connector, N.E.

Suite 2000

Atlanta, Georgia 30342

(404) 890-2000

TASQ LLC

 

Delaware

 

84-1581144

 

5565 Glenridge

Connector, N.E.

Suite 2000

Atlanta, Georgia 30342

(404) 890-2000

 


 

Exact Name of Registrant Guarantor as
Specified in its Charter
(or Other Organizational Document)

 

State or Other
Jurisdiction of
Incorporation
or Organization

 

I.R.S. Employer
Identification
Number

 

Address, Including Zip Code,
and Telephone Number,
Including Area Code,
of Registrant Guarantor’s
Principal
Executive Offices

TASQ Technology, Inc.

 

California

 

68-0345149

 

5565 Glenridge

Connector, N.E.

Suite 2000

Atlanta, Georgia 30342

(404) 890-2000

TeleCheck International, Inc.

 

Georgia

 

58-2014182

 

5565 Glenridge

Connector, N.E.

Suite 2000

Atlanta, Georgia 30342

(404) 890-2000

TeleCheck Pittsburgh/West Virginia, Inc.

 

Pennsylvania

 

25-1405316

 

5565 Glenridge

Connector, N.E.

Suite 2000

Atlanta, Georgia 30342

(404) 890-2000

TeleCheck Services, Inc.

 

Delaware

 

58-2035074

 

5565 Glenridge

Connector, N.E.

Suite 2000

Atlanta, Georgia 30342

(404) 890-2000

Transaction Solutions, LLC

 

Delaware

 

82-0547328

 

5565 Glenridge

Connector, N.E.

Suite 2000

Atlanta, Georgia 30342

(404) 890-2000

Unified Merchant Services

 

Georgia

 

58-2169129

 

5565 Glenridge

Connector, N.E.

Suite 2000

Atlanta, Georgia 30342

(404) 890-2000

ValueLink, LLC

 

Delaware

 

20-0055795

 

5565 Glenridge

Connector, N.E.

Suite 2000

Atlanta, Georgia 30342

(404) 890-2000

 

 

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.

 

Federal Reserve Bank of San Francisco

San Francisco, California 94120

 

(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.

 

Exhibit 1.                                            A copy of the Articles of Association of the trustee now in effect.*

 

Exhibit 2.                                            A copy of the Comptroller of the Currency Certificate of Corporate Existence for Wells Fargo Bank, National Association, dated June 27, 2012.**

 

Exhibit 3.                                            A copy of the Comptroller of the Currency Certification of Fiduciary Powers for Wells Fargo Bank, National Association, dated December 21, 2011.**

 

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 the exhibit of the same number to the trustee’s Form T-1 filed as exhibit 25 to the Form S-4 dated December 30, 2005 of file number 333-130784.

 


 

**  Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit 25 to the Form S-3 dated January 23, 2013 of file number 333-186155.

 

*** Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit 25 to the Form S-4 dated May 26, 2005 of file number 333-125274.

 


 

SIGNATURE

 

Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the trustee, Wells Fargo Bank, 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 New York and State of New York on the 11th day of February, 2014.

 

 

 

WELLS FARGO BANK, NATIONAL ASSOCIATION

 

 

 

 

 

/s/ Raymond Delli Colli

 

Raymond Delli Colli

 

Vice President

 


 

EXHIBIT 6

 

February 11, 2014

 

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,

 

 

 

WELLS FARGO BANK, NATIONAL ASSOCIATION

 

 

 

 

 

/s/ Raymond Delli Colli

 

Raymond Delli Colli

 

Vice President

 

 

Exhibit 7

Consolidated Report of Condition of`

 

Wells Fargo Bank National Association

of 101 North Phillips Avenue, Sioux Falls, SD 57104

And Foreign and Domestic Subsidiaries,

at the close of business September 30, 2013, filed in accordance with 12 U.S.C. §161 for National Banks.

 

 

 

 

Dollar Amounts

 

 

 

 

In Millions

 

ASSETS

 

 

 

 

Cash and balances due from depository institutions:

 

 

 

 

Noninterest-bearing balances and currency and coin

 

 

$

18,734

 

Interest-bearing balances

 

 

155,426

 

Securities:

 

 

 

 

Held-to-maturity securities

 

 

0

 

Available-for-sale securities

 

 

223,064

 

Federal funds sold and securities purchased under agreements to resell:

 

 

 

 

Federal funds sold in domestic offices

 

 

51

 

Securities purchased under agreements to resell

 

 

22,081

 

Loans and lease financing receivables:

 

 

 

 

Loans and leases held for sale

 

 

15,389

 

Loans and leases, net of unearned income

765,029

 

 

 

LESS: Allowance for loan and lease losses

12,970

 

 

 

Loans and leases, net of unearned income and allowance

 

 

752,059

 

Trading Assets

 

 

31,965

 

Premises and fixed assets (including capitalized leases)

 

 

7,597

 

Other real estate owned

 

 

3,689

 

Investments in unconsolidated subsidiaries and associated companies

 

 

627

 

Direct and indirect investments in real estate ventures

 

 

8

 

Intangible assets

 

 

 

 

Goodwill

 

 

21,549

 

Other intangible assets

 

 

21,750

 

Other assets

 

 

54,021

 

 

 

 

 

 

Total assets

 

 

$

1,328,010

 

 

 

 

 

 

LIABILITIES

 

 

 

 

Deposits:

 

 

 

 

In domestic offices

 

 

$

960,746

 

Noninterest-bearing

259,500

 

 

 

Interest-bearing

701,246

 

 

 

In foreign offices, Edge and Agreement subsidiaries, and IBFs

 

 

86,980

 

Noninterest-bearing

473

 

 

 

Interest-bearing

86,507

 

 

 

Federal funds purchased and securities sold under agreements to repurchase:

 

 

 

 

Federal funds purchased in domestic offices

 

 

10,491

 

Securities sold under agreements to repurchase

 

 

13,961

 

 


 

 

 

Dollar Amounts

 

 

 

In Millions

 

Trading liabilities

 

16,250

 

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

 

55,893

 

Subordinated notes and debentures

 

19,925

 

Other liabilities

 

24,771

 

 

 

 

 

Total liabilities

 

$

1,189,017

 

 

 

 

 

EQUITY CAPITAL

 

 

 

Perpetual preferred stock and related surplus

 

0

 

Common stock

 

519

 

Surplus (exclude all surplus related to preferred stock)

 

102,971

 

Retained earnings

 

31,335

 

Accumulated other comprehensive income

 

3,147

 

Other equity capital components

 

0

 

Total bank equity capital

 

137,972

 

Noncontrolling (minority) interests in consolidated subsidiaries

 

1,021

 

 

 

 

 

Total equity capital

 

138,993

 

 

 

 

 

Total liabilities, and equity capital

 

$

1,328,010

 

 

I, Timothy J. Sloan, EVP & CFO of the above-named bank do hereby declare that this Report of Condition has been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and is true to the best of my knowledge and belief.

 

 

Timothy J. Sloan

 

  EVP & CFO

 

We, the undersigned directors, attest to the correctness of this Report of Condition and 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 issued by the appropriate Federal regulatory authority and is true and correct.

 

John Stumpf

Directors

Carrie Tolstedt

 

Michael Loughlin