-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, HySGHh9MHhNZ9eflJDBNZ+BOrrdd8PTCgQnZHTRfAtSXUvMdXraxUlr+Hb65C3N0 l1vKGvpcQ9Zo/GELxEhtbA== 0000889812-98-001896.txt : 19980810 0000889812-98-001896.hdr.sgml : 19980810 ACCESSION NUMBER: 0000889812-98-001896 CONFORMED SUBMISSION TYPE: S-4/A PUBLIC DOCUMENT COUNT: 4 FILED AS OF DATE: 19980806 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: PHILLIPS VAN HEUSEN CORP /DE/ CENTRAL INDEX KEY: 0000078239 STANDARD INDUSTRIAL CLASSIFICATION: MEN'S & BOYS' FURNISHINGS, WORK CLOTHING, AND ALLIED GARMENTS [2320] IRS NUMBER: 131166910 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: S-4/A SEC ACT: SEC FILE NUMBER: 333-57203 FILM NUMBER: 98678785 BUSINESS ADDRESS: STREET 1: 1290 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10104 BUSINESS PHONE: 2125415200 S-4/A 1 AMENDMENT NO. 1 TO REGISTRATION STATEMENT AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON AUGUST 6, 1998 REGISTRATION NO. 333-57203 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ------------------------ AMENDMENT NO. 1 TO FORM S-4 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ------------------------ PHILLIPS-VAN HEUSEN CORPORATION (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER) DELAWARE 5136 13-1166910 (STATE OR OTHER (PRIMARY STANDARD (IRS EMPLOYER JURISDICTION OF INDUSTRIAL CLASSIFICATION IDENTIFICATION NO.) INCORPORATION OR CODE NUMBER) ORGANIZATION) 1290 AVENUE OF THE AMERICAS NEW YORK, NEW YORK 10104 (212) 541-5200 (ADDRESS AND TELEPHONE NUMBER OF REGISTRANT'S PRINCIPAL EXECUTIVE OFFICES) ------------------------ BRUCE J. KLATSKY COPY TO: CHAIRMAN AND CHIEF EXECUTIVE OFFICER EDWARD H. COHEN, ESQ. PHILLIPS-VAN HEUSEN CORPORATION ROSENMAN & COLIN LLP 1290 AVENUE OF THE AMERICAS 575 MADISON AVENUE NEW YORK, NEW YORK 10104 NEW YORK, NEW YORK 10022 (212) 541-5200 (212) 940-8800 (NAME, ADDRESS AND TELEPHONE NUMBER OF AGENT FOR SERVICE) ------------------------ APPROXIMATE DATE OF COMMENCEMENT OF PROPOSED SALE TO THE PUBLIC: From time to time after the effective date of this Registration Statement. If the securities being registered on this form are being offered in connection with the formation of a holding company and there is compliance with General Instruction G, check the following box. / / If this form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. / / If this form is a post-effective amendment filed pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. / / ------------------------ THE REGISTRANT HEREBY AMENDS THIS REGISTRATION STATEMENT ON SUCH DATE OR DATES AS MAY BE NECESSARY TO DELAY ITS EFFECTIVE DATE UNTIL THE REGISTRANT SHALL FILE A FURTHER AMENDMENT WHICH SPECIFICALLY STATES THAT THIS REGISTRATION STATEMENT SHALL THEREAFTER BECOME EFFECTIVE IN ACCORDANCE WITH SECTION 8(A) OF THE SECURITIES ACT OF 1933 OR UNTIL THIS REGISTRATION STATEMENT SHALL BECOME EFFECTIVE ON SUCH DATE AS THE SECURITIES AND EXCHANGE COMMISSION, ACTING PURSUANT TO SAID SECTION 8(A), MAY DETERMINE. - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- PART II INFORMATION NOT REQUIRED IN PROSPECTUS ITEM 20. INDEMNIFICATION OF DIRECTORS AND OFFICERS. Section 145 of the General Corporation Law of Delaware, the law of the state in which the Company is incorporated, empowers a corporation within certain limitations to indemnify any person against expenses, including attorney's fees, judgments, fines and amounts paid in settlement actually and reasonably incurred by the person in connection with any suit or proceeding to which such person is a party by reason of the fact that such person is or was a director, officer, employee or agent of the corporation or is or was serving at the request of the corporation as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise, as long as such person acted in good faith and in a manner which the person reasonably believed to be in, or not opposed to, the best interests of the corporation. With respect to any criminal proceeding, the person must have had no reasonable cause to believe that the person's conduct was unlawful. Article Eighth of the Company's Certificate of Incorporation provides for indemnification of directors to the extent permitted by the General Corporation Law of the State of Delaware. Section 102(b)(7) of the General Corporation Law of the State of Delaware provides that a certificate of incorporation may contain a provision eliminating or limiting the personal liability of a director to the corporation or its stockholders for monetary damages for breach of fiduciary duty as a director, provided that such provision shall not eliminate or limit the liability of a director (i) for any breach of the director's duty of loyalty to the Company or its stockholders, (ii) for acts or omissions not in good faith or which involve intentional misconduct or a knowing violation of law, (iii) under Section 174 (relating to liability for unauthorized acquisitions or redemptions of, or dividends on, capital stock) of the General Corporation Law of the State of Delaware, or (iv) for any transaction from which the director derived an improper personal benefit. Article Eighth of the Company's Certificate of Incorporation contains such a provision. The Company also has in effect directors' and officers' liability insurance covering certain liabilities incurred by the directors and officers of the Company in connection with the performance of their duties. ITEM 21. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES. See the Exhibit Index included immediately preceding the exhibits to this Registration Statement. ITEM 22. UNDERTAKINGS. The undersigned Company hereby undertakes: (1) To file, during any period in which offers or sales are being made, a post-effective amendment to the Registration Statement: (i) to include any prospectus required by Section 10(a)(3) of the Securities Act; (ii) to reflect in the prospectus any facts or events arising after the effective date of the Registration Statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the Registration Statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from low or high and of the estimated maximum offering range may be reflected in the form of prospectus filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than a 20 percent change in the maximum aggregate offering price set forth in the 'Calculation of Registration Fee' table in the effective registration statement; II-1 (iii) to include any material information with respect to the plan of distribution not previously disclosed in the Registration Statement or any material change to such information in the Registration Statement; (2) That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof. (3) To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering. The Company hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the Company's annual report pursuant to Section 13(a) or Section 15(d) of the Exchange Act (and, where applicable, each filing of an employee benefit plan's annual report pursuant to Section 15(d) of the Exchange Act) that is incorporated by reference in this Registration Statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof. Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers, and controlling persons of the Company pursuant to the foregoing provisions, or otherwise, the Company has been advised that in the opinion of the Commission such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Company of expenses incurred or paid by a director, officer or controlling person of the Company in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Company will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act, and will be governed by the final adjudication of such issue. The undersigned Company hereby undertakes to respond to requests for information that is incorporated by reference into the prospectus pursuant to Items 4, 10(b), 11 or 13 of this form, within one business day of receipt of such request, and to send the incorporated documents by first-class mail or other equally prompt means. This includes information contained in documents filed subsequent to the effective date of the Registration Statement through the date of responding to the request. II-2 SIGNATURES Pursuant to the requirements of the Securities Act of 1933, the Company has duly caused this Amendment No. 1 to this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the County of New York and State of New York on August 6, 1998. PHILLIPS-VAN HEUSEN CORPORATION By: /s/ Bruce J. Klatsky ------------------------------------ Bruce J. Klatsky Chairman and Chief Executive Officer II-3 Pursuant to the requirements of the Securities Act of 1933, this Amendment No. 1 to this Registration Statement has been signed by the following persons in the capacities and on the dates indicated.
SIGNATURE TITLE DATE - ------------------------- ----------------------------------- -------------- /s/ Bruce J. Klatsky Chairman; Chief Executive Officer; August 6, 1998 - ------------------------- Director Bruce J. Klatsky /s/ Mark Weber President, Chief Operating Officer; August 6 , 1998 - ------------------------- Director Mark Weber /s/ Irwin W. Winter Executive Vice President; Chief August 6, 1998 - ------------------------- Financial Officer; Director Irwin W. Winter /s/ Emanuel Chirico Vice President and Controller August 6, 1998 - ------------------------- Emanuel Chirico /s/ Edward H. Cohen Director August 6, 1998 - ------------------------- Edward H. Cohen /s/ Joseph B. Fuller Director July 31, 1998 - ------------------------- Joseph B. Fuller /s/ Joel H. Goldberg Director August 6, 1998 - ------------------------- Joel H. Goldberg Director - ------------------------- Marc Grosman /s/ Dennis F. Hightower Director August 6, 1998 - ------------------------- Dennis F. Hightower /s/ Maria Elena Lagomasino Director August 3, 1998 - ------------------------- Maria Elena Lagomasino Director - ------------------------- Harry N.S. Lee /s/ Bruce Maggin Director August 6, 1998 - ------------------------- Bruce Maggin /s/ Sylvia M. Rhone Director August 4, 1998 - ------------------------- Sylvia M. Rhone /s/ Peter J. Solomon Director August 6, 1998 - ------------------------- Peter J. Solomon
II-4 EXHIBIT INDEX
EXHIBIT NUMBER DESCRIPTION - ------ ----------- 4.1+ -- Indenture, dated as of April 22, 1998, between the Company and Union Bank of California, N.A., as Trustee. 4.2+ -- Exchange and Registration Rights Agreement, dated as of April 22, 1998, among the Company and Goldman, Sachs & Co., Chase Securities Inc. and Citicorp Securities, Inc. 4.3+ -- Form of Global 9 1/2% Senior Subordinated Note due 2008. 5* -- Opinion of Rosenman & Colin LLP. 12+ -- Statement re: Computation of Ratios. 13 -- Annual Report on Form 10-K for the fiscal year ended February 1, 1998, as amended by its amendment on Form 10-K/A No. 1 (incorporated by reference to the Company's Annual Report on Form 10-K and its amendment on Form 10-K/A filed with the Commission on April 15, 1998 and April 24, 1998, respectively). 21 -- List of Subsidiaries (incorporated by reference to the Company's Annual Report on Form 10-K for the fiscal year ended February 1, 1998). 23.1* -- Consent of Ernst & Young LLP. 23.2* -- Consent of Rosenman & Colin LLP (included in Exhibit 5). 24+ -- Power of Attorney. 25* -- Form T-1 Statement of Eligibility under the Trust Indenture Act of 1939 of Union Bank of California, N.A., as Trustee. 99.1+ -- Form of Letter of Transmittal for Initial Notes. 99.2+ -- Form of Notice of Guaranteed Delivery for Initial Notes.
- ------------------ + Previously filed. * Filed herewith. EX-5 2 OPINION OF ROSENMAN & COLIN LLP [Letterhead of Rosenman & Colin] July 31, 1998 Securities and Exchange Commission Judiciary Plaza 450 Fifth Street, NW Washington, DC 20549 Gentlemen: We have acted as counsel to Phillips-Van Heusen Corporation (the 'Company'), a Delaware corporation, in connection with the Company's registration statement (the 'Registration Statement') on Form S-4 filed with the Securities and Exchange Commission on June 18, 1998 (Registration Number 333-57203) covering the issuance of $150,000,000 aggregate principal amount of 9 1/2% Senior Subordinated Notes due 2008 (the 'Notes') of the Company. In rendering this opinion, we have examined (i) the Indenture between the Company and Union Bank of California, N.A., dated as of April 22, 1998, pursuant to which the Notes will be issued; (ii) the Notes; (iii) the Registration Statement; (iv) the Restated Certificate of Incorporation of the Company; (v) the Amended and Restated By-laws of the Company; (vi) resolutions of the Board of Directors of the Company, dated April 23, 1998, and (vii) such other documents, and made such inquiries as to questions of law, as we have deemed necessary. Based upon the foregoing, it is our opinion that when (i) the Notes have been (a) duly authenticated in accordance with the Indenture and (b) issued, exchanged and delivered in the manner and for the consideration stated in the Indenture, the final Prospectus included in the Registration Statement and the Letter of Transmittal, which have been, or forms of which have been, filed as part of, or as exhibits to, the Registration Statement; (ii) the Registration Statement has become effective under the Securities Act of 1933, and (iii) the Notes have been qualified as required under the laws of those jurisdictions in which they are to be issued and exchanged, the Notes will be legally issued, and will constitute valid and binding obligations of the Company, enforceable against the Company in accordance with their terms, except as enforcement thereof may be limited by bankruptcy, insolvency, reorganization or other similar laws, now or hereafter in effect, and equitable considerations of any court before which enforcement may be sought. We hereby consent to the use of this opinion as an exhibit to the Registration Statement and further consent to the use of our name in the Registration Statement, including the Prospectus constituting a part thereof, and any amendments or supplements thereto, under the caption 'Validity of the Exchange Notes.' Very truly yours, ROSENMAN & COLIN LLP By: /s/ Jayshree Parthasarathy --------------------------------- A Partner EX-23.1 3 CONSENT OF ERNST & YOUNG LLP CONSENT OF INDEPENDENT AUDITORS We consent to the reference to our firm under the captions 'Experts', 'Summary Consolidated Financial Information' and 'Selected Consolidated Financial Information' and the use of our report dated March 10, 1998, except for the Long-Term Debt note, as which the date is April 22, 1998, in Amendment No. 1 to the Registration Statement on Form S-4 and the related Prospectus of Phillips-Van Heusen Corporation for the registration of $150,000,000 of its 9 1/2% Senior Subordinated Notes due 2008. We also consent to the incorporation by reference therein of our report dated April 14, 1998 with respect to the financial statement schedule of Phillips-Van Heusen Corporation for the years ended February 1, 1998, February 2, 1997 and January 28, 1996 included in the Annual Report (Form 10-K) for 1998 filed with the Securities and Exchange Commission. /s/ Ernst & Young LLP New York, New York August 3, 1998 August 3, 1998 To the Stockholders and the Board of Directors Phillips-Van Heusen Corporation We are aware of the use of our report dated May 20, 1998 relating to the unaudited condensed consolidated interim financial statements of Phillips-Van Heusen Corporation which are included in its Form 10-Q for the 13 weeks ended May 3, 1998 and in Amendment No. 1 to the Registration Statement on Form S-4 and the related Prospectus of Phillips-Van Heusen Corporation for the registration of $150,000,000 of its 9 1/2% Senior Subordinated Notes due 2008. /s/ Ernst & Young LLP New York, New York EX-25 4 FORM T-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)____ UNION BANK OF CALIFORNIA, N.A. (Exact name of trustee as specified in its charter) 350 California Street San Francisco, CA 94104 94-0304228 (Address of principal (Zip Code) (I.R.S. employer executive offices) identification no.) ------------------------------------ General Counsel Union Bank of California, N.A.. 400 California Street San Francisco, CA 94104 (415) 765-2945 (Name, address and telephone number of agent for service) ------------------------------------ Phillips-Van Heusen Corporation (Exact name of obligor as specified in its charter) Delaware 13-1166910 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification no.) 1290 Avenue of the Americas, 11th Floor New York, New York 10104 (Address of principal executive offices) (Zip Code) ------------------------------------ $150,000,000 Phillips-Van Heusen Corporation 9 1/2% Senior Subordinated Notes Due 2008 Item 1. General Information. Furnish the following information as to the trustee -- Name and address of each examining or supervising authority to which it is subject: Board of Governors of the Federal Reserve System District Analyst, M/A 155 Washington, DC 20551 Federal Reserve Bank of San Francisco 101 Market Street San Francisco, CA 94105 Deputy Comptroller for Large Bank Supervision Office of the Comptroller of the Currency Mail Stop 6-1 Washington, DC 20219-001 Federal Deposit Insurance Corporation Analysis and Monitoring Section 550 17th Street, NW Washington, DC 20429 Office of the Comptroller of the Currency Western District Office 50 Fremont Street San Francisco, CA 94105-2292 Whether it is authorized to exercise corporate trust powers: Yes Item 2. Affiliations with obligor. If the obligor is an affiliate of the trustee, describe each such affiliation. NONE Item 16. List of Exhibits List below all exhibits filed as a part of this statement of eligibility. 1. A copy of the articles of association of the trustee now in effect. 2. A copy of the authorization of the trustee to exercise corporate trust powers. 3. A copy of the existing bylaws of the trustee, or instruments corresponding thereto. 4. The consent of United States institutional trustees required by Section 321(b) of the Act. 5. A copy of the latest report of condition of the trustee published pursuant to law or the requirements of its supervising or examining authority. SIGNATURE Pursuant to the requirements of the Trust Indenture Act of 1939 the trustee, Union Bank of California, N.A., a national banking association formed under the laws of the United States, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of San Francisco, and State of California, on the tenth day of June, 1998. - ---------------------------------- Union Bank of California, N.A. By: /s/ Gillian Wallace ------------------------------ Gillian Wallace Assistant Vice President Exhibit 1 to FORM T-1 A copy of the articles of association of the trustee now in effect [LOGO] OFFICE OF CORPORATE SECRETARY UNION BANK OF CALIFORNIA I hereby certify that I am the duly qualified, elected and acting Corporate Secretary of Union Bank of California, N.A. I further certify that the attached Articles of Association, restated as of April 1, 1996, are a true and correct copy, that the same has not been rescinded and now stands in full force and effect. In witness whereof, I have hereunto set my hand this 8th day of [ILLEGIBLE], 1998. /s/ Jean C. Nomura --------------------------------------- Jean C. Nomura, Corporate Secretary ARTICLES OF ASSOCIATION OF UNION BANK OF CALIFORNIA, NATIONAL ASSOCIATION (Restated as of April 1, 1996) FIRST. The name of this Association shall be "Union Bank of California, National Association." SECOND. The head office of this Association shall be in the City and County of San Francisco, State of California. The general business of the Association shall be conducted at its head office and its legally established branches. THIRD. The board of directors of this Association shall consist of not less than five (5) nor more than twenty-five (25) individuals, the exact number of directors within such minimum and maximum limits to be fixed and determined from time to time by resolution of a majority of the full board of directors or by resolution of the shareholders at any annual or special meeting thereof. Unless otherwise provided by the laws of the United States, any vacancy in the board of directors for any reason, including an increase in the number thereof, may be filled by action of the board of directors, though less than a quorum. FOURTH. The annual meeting of the shareholders for the election of directors and the transaction of whatever other business may be brought before said meeting shall be held at the head office or such other place as the board of directors may designate, on the date of each year specified therefor in the Bylaws, but if no election is held on that day, it may be held on any subsequent day according to the provisions of laws; and all elections shall be held according to such lawful regulations as may be prescribed by the board of directors. Nominations for election to the board of directors may be made by the board of directors or by any shareholder of any outstanding class of capital stock of the Association entitled to vote for election of directors. FIFTH. The amount of authorized capital stock of this Association shall be $675,000,000 consisting of 45,000,000 shares of common stock of the par value of $15 each, but said capital stock may be increased or decreased from time to time, in accordance with the provisions of the laws of the United States. SIXTH. The board of directors shall appoint one of its members president of this Association, who shall be chairman of the board, unless the board appoints another director to be chairman. The board of directors shall have the power to appoint one or more vice presidents, and to appoint a cashier and such other officers and employees as may be required to transact the business of this Association. The board of directors shall have the power to define the duties of the officers and employees of the Association; to fix the compensation to be paid to them; to dismiss them; to require bonds from them and to fix the penalty thereof; to regulate the manner in which any increase of the capital of the Association shall be made; to manage and administer the business and affairs of the Association; to make all Bylaws that it may be lawful for them to make; and generally to do and perform all acts that it may be legal for a board of directors to 1 do and perform. SEVENTH. The board of directors shall have the power to change the location of the head office to any other place within the limits of the City of San Francisco, without the approval of the shareholders but subject to the approval of the Comptroller of the Currency; and shall have the power to establish or change the location of any branch or branches of the Association to any other location, without the approval of the shareholders but subject to the approval of the Comptroller of the Currency. EIGHTH. The corporate existence of this Association shall continue until terminated in accordance with the laws of the United States. NINTH. Special meetings of the shareholders of this Association may be called for any purpose at any time by the board of directors, the chairman of the board, the deputy chairman of the board, the president or by the majority shareholder. Unless otherwise provided by the laws of the United States, a notice of the time, place and purpose of every annual and special meeting of the shareholders shall be given by first-class mail, postage prepaid, mailed at least ten (10) days prior to the date of such meeting to each shareholder of record at his address as shown upon the books of this Association, provided that said notice may be waived by a majority shareholder. TENTH. These Articles of Association may be amended at any regular or special meeting of the shareholders by the affirmative vote of the holders of a majority of the stock of this Association, unless the vote of the holders of a greater amount of stock is required by law, and in that case by the vote of the holders of such greater amount, voting in person or by proxy. ELEVENTH. (a) This Association may indemnify any person who was or is a party or is threatened to be made a party to any threatened, pending or completed action, suit or proceeding, whether civil, criminal, administrative or investigative (other than an action by or in the right of the Association) by reason of the fact that he is or was a director, officer, employee or agent of the Association, or is or was serving at the request of the Association as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise, against expenses (including attorneys' fees), judgments, fines and amounts paid in settlement actually and reasonably incurred by him in connection with such action, suit or proceeding if he acted in good faith and in a manner he reasonably believed to be in or not opposed to the best interests of the Association and, with respect to any criminal action or proceeding, had no reasonable cause to believe his conduct was unlawful. The termination of any action, suit or proceeding by judgement, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent shall not, of itself, create a presumption that the person did not act in good faith and in a manner which he reasonably believed to be in or not opposed to the best interests of the Association, and, with respect to any criminal action or proceeding, had reasonable cause to believe that his conduct was unlawful. (b) This Association may indemnify any person who was or is a party or is threatened to be made a party to any threatened, pending or completed action or suit by or in the right of the Association to procure a judgement in its favor by reason of the fact that he is or was a director, officer, employee or agent of the Association, or is or was serving at the request of the Association as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise against expenses (including attorneys' fees) actually or 2 reasonably incurred by him in connection with the defense or settlement of such action or suit if he acted in good faith and in a manner he reasonably believed to be in or not opposed to the best interests of the Association and except that no indemnification shall be made in respect of any claim, issue or matter as to which such person shall have been adjusted to be liable to the Association unless and only to the extent that the Superior Court of the State of California or the court in which such action or suit was brought shall determine upon application that, despite the adjudication of liability but in view of all the circumstances of the case, such person is fairly and reasonably entitled to indemnity for such expenses which the court shall deem proper. (c) To the extent that a director, officer, employee or agent of the Association has been successful on the merits or otherwise in defense of any action, suit or proceeding referred to in subsections (a) and (b), or in defense of any claim, issue or matter therein, he shall be indemnified against expenses (including attorneys' fees) actually and reasonably incurred by him in connection therewith. (d) Any indemnification under subsections (a) and (b) (unless ordered by a court) shall be made by the Association only as authorized in the specific case upon a determination that indemnification of the director, officer, employee or agent is proper in the circumstances because he has met the applicable standard of conduct set forth in subsections (a) and (b). Such determination shall be made (1) by the board of directors by a majority vote of a quorum consisting of directors who were not parties to such action, suit or proceeding, or (2) if such a quorum is not obtainable, or, even if obtainable a quorum of disinterested directors so directs, by independent legal counsel in a written opinion, or (3) by shareholders of the Association. (e) Expenses incurred by an officer or director in defending a civil or criminal action, suit or proceeding may be paid by the Association in advance of the final disposition of such action, suit or proceeding upon receipt of an undertaking by or on behalf of such director or officer to repay such amounts if it shall ultimately be determined that he is not entitled to be indemnified by the Association as authorized in this article. Such expenses incurred by other employees and agents may be so paid upon such terms and conditions, if any, as the board of directors deems appropriate. (f) The indemnification provided by this article shall not be deemed exclusive of any other rights to which those seeking indemnification may be entitled under any bylaw, agreement, vote of stockholders or disinterested directors or otherwise, both as to action in this offical capacity and as to action in another capacity while holding such office, and shall continue as to a person who has ceased to be a director, officer, employee or agent and shall inure to the benefit of the heirs, executors and administrators of such a person. (g) This Association may purchase and maintain insurance on behalf of any person who is or was a director, officer, employee or agent of the Association, or is or was serving at the request of the Association as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise against any liability asserted against him and incurred by him in any such capacity, or arising out his status as such, whether or not the Association would have the power to indemnify him against such liability under the provisions of this article. (h) For purposes of this article, references to "the Association" shall include, in addition to the resulting corporation, any constituent corporation (including any constituent of a 3 constituent) absorbed in a consolidation or merger which, if its separate existing had continued, would have had power and authority to indemnify its directors, officers, and employees or agents, so that any person who is or was a director, officer, employee or agent of such constituent corporation, or is or was serving at the request of such constituent corporation as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise, shall stand in the same position under the provisions of this article with respect to the resulting or surviving corporation as he would have with respect to such constituent corporation if its separate existance had continued. (i) For purposes of this article, references to "other enterprises" shall include employee benefit plans; references to "fines" shall include any excise taxes assessed on a person with respect to an employee benefit plan; and references to "serving at the request of the Association" shall include any service as a director, officer, employee or agent of the Association which imposes duties on, or involves services by, such director, officer, employee or agent with respect to an employee benefit plan, its participants or beneficiaries; and a person who acted in good faith and in a manner he reasonably believed to be in the interest of the participants and beneficiaries of an employee benefit plan shall be deemed to have acted in a manner "not opposed to the best interests of the Association" as referred to in this article. (j) Notwithstanding anything in this article to the contrary, the Association shall not indemnify any director, officer or employee nor purchase and maintain insurance on behalf of any director, officer or employee against expenses, penalties, or other payments incurred in an administrative proceeding or action instituted by an appropriate bank regulatory agency which proceeding or action results in a final order assessing civil money penalties. TWELFTH. A director of the Association shall not be personally liable to the Association or its stockholder for monetary damages for breach of fiduciary duty as a director, except for liability (i) for any breach of the director's duty of loyality to the corporation or its stockholders, (ii) for acts or omissions not in good faith or which involve intentional misconduct or a knowing violation of law, (iii) under Section 174 of the Delaware General Corporations Law, or (iv) for any transaction from which the director derived any improper personal benefit. If the Delaware General Corporation Law is amended after approval by the stockholders of this article to authorize corporate action further eliminating or limiting the personal liability of directors, then the liability of a director of the Association shall be eliminated or limited to the fullest extent permitted by the Delaware General Corporation Law, as so amended. Any repeal or modification of the foregoing paragraph by the stockholders of the Association shall not adversely affect any right or protection of a director of the Association existing at the time of such repeal or modification. 4 Exhibit 2 to FORM T-1 A copy of the authorization of the trustee to exercise corporate trust powers [LOGO] - -------------------------------------------------------------------------------- Comptroller of the Currency Administrator of National Banks - -------------------------------------------------------------------------------- Washington, D.C. 20219 CERTIFICATE I, Eugene A. Ludwig, Comptroller of the Currency, do hereby certify that: 1. The Comptroller of the Currency, pursuant to Revised Statutes 324, et seq., as amended, 12 U.S.C. 1, et seq., as amended, has possession, custody and control of all records pertaining to the chartering of all National Banking Associations. 2. "Union Bank of California, National Association," San Francisco, California, (Charter No. 21541) is a National Banking Association formed under the laws of the United States and is authorized thereunder to transact the business of banking and exercise Fiduciary Powers on the date of this Certificate. IN TESTIMONY WHEREOF, I have hereunto subscribed my name and caused my seal of office to be affixed to these presents at the Treasury Department in the City of Washington and District of Columbia, this 31th day of March, 1998. [SEAL] [ILLEGIBLE] ----------------------------------------- Comptroller of the Currency Exhibit 3 to FORM T-1 A copy of the existing bylaws of the trustee, or instruments corresponding thereto. [LOGO] OFFICE OF CORPORATE SECRETARY UNION BANK OF CALIFORNIA I hereby certify that I am the duly qualified, elected and acting Corporate Secretary of Union Bank of California, N.A. I further certify that attached Bylaws, restated as of April 1, 1996, are a true and correct copy, that the same has not been rescinded and now stands in full force and effect. In witness whereof, I have hereunto set my hand this 8th day of June, 1998. /s/ Jean C. Nomura --------------------------------------- Jean C. Nomura, Corporate Secretary Exhibit 4 to FORM T-1 The consent of United States institutional trustees required by Section 321(b) of the Act. CONSENT OF TRUSTEE Pursuant to the requirements of Section 321(b) of the Trust Indenture Act of 1939 in connection with the proposed issuance of Senior Subordinate Notes of Phillips-Van Heusen Corporation, Union Bank of California, N.A., hereby consents that reports of examinations by Federal, State, Territorial or District Authorities may be furnished by such authorities to the Securities and Exchange Commission upon request therefor. UNION BANK OF CALIFORNIA, N.A. By: /s/ Gillian Wallace ------------------------- Name: Gillian Wallace Title: Assistant Vice President 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 Expires March 31, 2000 Federal Financial Institutions Examination Council - -------------------------------------------------------------------------------- [LOGO] Please refer to page i, [1] 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 May 31, 1998 (980331) -------------- (RCRI 9999) This report is required by law: 12 U.S.C. ss. 324 (State member banks); 12 U.S.C. ss. 1817 (State nonmember banks); and 12 U.S.C. ss. 161 (National banks). This report form is to be filed by banks with branches and consolidated subsidiaries in U.S. territories and possessions. Edge or Agreement subsidiaries, foreign branches, consolidated foreign subsidiaries, or International Banking Facilities. - -------------------------------------------------------------------------------- NOTE: The Reports of Condition and Income must be signed by an authorized officer and the Report of Condition must be attested to by not less than two directors (trustees) for State nonmember banks and three directors for State member and National banks. I, David A. Anderson, SVP/Controller --------------------------------------------------- Name and Title of Officer Authorized to Sign Report of the named bank do hereby declare that the Reports of Condition and Income (including the supporting schedules) for this report date have been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and are true to the best of my knowledge and belief. /s/ David A. Anderson - ---------------------------------------------- Signature of Officer Authorized to Sign Report 5/11/98 - ---------------------------------------------- Date of Signature The Reports of Condition and Income are to be prepared in accordance with Federal regulatory authority instructions. We, the undersigned directors (trustees), attest to the correctness of the Report of Condition (including the supporting schedules) for this report date 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. /s/ Takahiro Moriguchi - ---------------------------------------------- Director (Trustee) /s/ Mimoro Mode - ---------------------------------------------- Director (Trustee) /s/ Robert M. Walker - ---------------------------------------------- Director (Trustee) - -------------------------------------------------------------------------------- Submission of Reports Each bank must prepare its Reports of Condition and Income either: (a) in electric form and then file the computer data file directly with the banking agencies' collection agent, Electronic Data Systems Corporation (EDS), by modem or on computer diskette; or (b) in hard-copy (paper) form and arrange for another party to convert the paper report to electronic form. That party (if other than EDS) must transmit the bank's computer data file to EDS. To fulfill the signature and attestation requirement for the Reports of Condition and Income for its report date, attach this signature page to the hard-copy record of the completed report that the bank places in its file. - -------------------------------------------------------------------------------- FDIC Certificate Number |_||_||_||_||_| Union Bank of California, N.A. (RCRI 9050) -------------------------------------------------- Legal Title of Bank (TEXT 9010) 350 California Street -------------------------------------------------- City (TEXT 9130) San Francisco, CA 94104 -------------------------------------------------- State Abbrev. (TEXT 9200) ZIP Code (TEXT 9220)
Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency - -------------------------------------------------------------------------------- FFIEC 03.1 Page i [2] Consolidated Reports of Condition and Income for A Bank With Domestic and Foreign Offices - -------------------------------------------------------------------------------- Table of Contents Signature Page Cover Report of Income Schedule R1--Income Statement......................R-1, 2, 3 Schedule R1-A--Changes in Equity Capital................R1-4 Schedule R1-B--Charge-offs and Recoveries on Loans and Leases and Changes in Allowance For Credit Losses.................................R1-4, 5 Schedule R-1D--Income from International Operations.............................R1-6 Schedule R1-E--Explanations.......................R1-7, 8 Disclosure of Estimated Burden The estimated average burden associated with this information collection is 34.1 hours per respondent and is estimated to vary from 15 to 400 hours per response, depending on individual circumstances. Burden estimates includes the time for reviewing instructions, gathering and maintaining data in the required form, and completing the information collection, but exclude the time for compiling and maintaining business records in the normal course of a respondent's activities. A Federal agency may not conduct or sponsor, and an organization (or a person) is not required to respond to a collection of information, unless it displays a currently valid OMB control number. Comments concerning the accuracy of this burden estimates and suggestions for reducing this burden should be directed to the Office of Information and Regulatory Affairs. Office of Management and Budget, Washington, D.C. 20503, and to one of the following: Secretary Board of Governors of the Federal Reserve System Washington, D.C. 20551 Legislative and Regulatory Analysis Division Office of the Comptroller of the Currency Washington, D.C. 20219 Assistant Executive Secretary Federal Deposit Insurance Corporation Washington, D.C. 20249 Report of Condition Schedule RC--Balance Sheet............................RC-1,2 Schedule RC-A--Cash and Balances Due From Depository Institutions........................RC-3 Schedule RC-B--Securities........................R-C-3, 4, 5 Schedule RC-C--Loans and Lease Financing Receivables: Part I. Loans and Leases......................RC-6, 7, 8 Part II. Loans to Small Businesses and Small Farms (to be completed for the June report only)...........................RC-8a, 8b 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 Schedule RC-1--Selected Assets and Liabilities Of IBFs............................................RC-13 Schedule RC-K--Quarterly Averages......................RC-13 Schedule RC-L--Off-Balance Sheet Items......................................RC-14, 15, 16 Schedule RC-M--Memoranda...........................RC-17, 18 Schedule RC-N--Past Due and Nonaccrual Loans, Leases, and Other Assets................RC-19, 20 Schedule RC-O--Other Data for Deposit Insurance and FICO Assessments.................RC-21, 22 Schedule RC-R--Regulatory Capital..................RC-23, 24 Optional Narrative Statement Concerning the Amounts Reported in the Reports of Condition and Income..............................RC-25 Special Report (to be completed by all banks) For information or assistance, National and State nonmember banks should contact the FDIC's Call Reports Analysis Section, 550 17th Street, N.W., 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. - -------------------------------------------------------------------------------- Legal Title of Bank: UNION BANK OF CALIFORNIA, NATIONAL ASSOCIATION Call Date: 03/31/98 ST-BK: 06-1410 FFIEC 031 Address: 400 CALIFORNIA STREET Page RJ-1 City, State Zip: SAN FRANCISCO, CA 94104 Printed 05/15/98 at 10:31 FDIC Certificate No.: 2 2 8 2 6
Consolidated Report of Income For the period January 1, 1998 - March 31, 1998 All Report of Income schedules are to be reported on a calendar year-to-date basis in thousands of dollars. Schedule RI--Income Statement
---- I480 <-- ------------------ Dollar Amounts in Thousands RIAD Bil Mil Thou - -------------------------------------------------------------------------------------------------------------------- 1.Interest income: a. Interest and fee income on loans (1) In domestic offices: (a) Loans secured by real estate................................................. 4011 154,315 1.a.(1)(a) (b) Loans to depository institutions............................................. 4019 15 1.a.(1)(b) (c) Loans to finance agricultural production and other loans to farmers.......... 4024 5,269 1.a.(1)(c) (d) Commercial and industrial loans.............................................. 4012 205,479 1.a.(1)(d) (e) Acceptance of other banks.................................................... 4026 0 1.a.(1)(e) (f) Loans to individuals for household, family, and other personal expenditures: (1) Credit cards and related plans.......................................... 4054 10,544 1.a.(1)(f)(1) (2) Other................................................................... 4055 32,472 1.a.(1)(f)(2) (g) Loans to foreign governments and official institutions....................... 4056 0 1.a.(1)(g) (h) Obligations (other than securities and leases) of states and political subdivisions in the U.S.: (1) Taxable obligations..................................................... 4503 219 1.a.(1)(h)(1) (2) Tax-exempt obligations.................................................. 4504 110 1.a.(1)(h)(2) (i) All other loans in domestic offices......................................... 4058 1,496 1.a.(1)(i) (2) In foreign offices, Edge and Agreement subsidiaries, and IBF...................... 4059 23,717 1.a.(2) b. Income from lease financing and receivables: (1) Taxable leases.................................................................... 4505 12,942 1.b.(1) (2) Tax-exempt leases................................................................. 4307 16 1.b(2) c. Interest income on balances due from depository institutions: (1) (1) In domestic offices............................................................... 4105 5 1.c.(1) (2) In foreign offices, Edge and Agreement subsidiaries, and IBFs..................... 4106 8,221 1.c.(2) d. Interest and dividend income on securities: (1) U.S. Treasury securities and U.S. Government agency obligations................... 4027 40,559 1.d.(1) (2) Securities issued by states and political subdivisions in the U.S.: (a) Taxable securities........................................................... 4506 0 1.d.(2)(a) (b) Tax-exempt securities........................................................ 4507 1,877 1.d(2)(b) (3) Other domestic debt securities.................................................... 3657 0 1.d.(3) (4) Foreign debt securities........................................................... 3658 77 1.d.(4) (5) Equity securities (including investments in mutual funds)......................... 3659 723 1.d.(5) e. Interest income from trading assets...................................................... 4069 5,327 1.e. ------------------
- ----------- (1) Includes interest income on time certificates of deposit not held for trading. Legal Title of Bank: UNION BANK OF CALIFORNIA, NATIONAL ASSOCIATION Call Date: 03/31/98 ST-BK: 06-1410 FFIEC 031 Address: 400 CALIFORNIA STREET Page RJ-2 City, State Zip: SAN FRANCISCO, CA 94104 Printed 05/15/98 at 10:31 FDIC Certificate No.: 2 2 8 2 6
Schedule RI--Continued
---------------- Year-to-date --------------------- Dollar Amounts in Thousands RIAD Bil Mil Thou - ------------------------------------------------------------------------------------------------------- 1. Interest income (continued) f. Interest income on federal funds sold and securities purchased under Agreements to resell.................................................... 4020 4,127 1.f. g. Total interest income (sum of items 1.a through 1.f).................... 4107 507,530 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 1,153 2.a(1)(a) (b) Nontransaction accounts: (1) Money market deposit accounts (MMDAs)...................... 4509 37,297 2.a.(1)(b)(1) (2) Other savings deposits..................................... 4511 6,806 2.a.(1)(b)(2) (3) Time deposits of $100,000 or more......................... A517 53,897 2.a.(1)(b)(3) (4) Time deposits of less than $100,000........................ A518 22,406 1.a.(1)(b)(4) (2) Interest on deposits in foreign offices, Edge and Agreement Subsidiaries, and IBFs ............................................. 4172 47,041 2.a.(2) b. Expense of federal funds purchased and securities sold under Agreements to repurchase................................................ 4180 14,076 2.b. c. Interest on demand notes issued to the U.S. Treasury, trading Liabilities, and other borrowed money................................... 4185 5,108 2.c. d. Not applicable e. Interest on subordinated notes and debentures........................... 4200 3,459 2.e. f. Total interest expense (sum of items 2.a through 2.e)................... 4073 191,243 2.f. --------------------- 3. Net interest income (item 1.g minus 2.f) RIAD 4074 316,287 3. --------------------- 4. Provisions: --------------------- a. Provision for credit losses............................................. RIAD 4230 20,034 4.a. b. Provision for allocated transfer risk................................... RIAD 4243 0 4.b. --------------------- 5. Noninterest income: a. Income from fiduciary activities........................................ 4070 22,205 5.a. b. Service chares on deposit accounts in domestic offices.................. 4080 33,026 5.b. c. Trading revenue (must equal Schedule RI, sum of Memorandum Items 8.a through 8.d).................................................. A220 7,211 5.c. d.-e. Not applicable f. Other noninterest income: (1) Other fee income................................................... 5407 57,010 5.f.(1) (2) All other noninterest income* 5408 4,320 5.f.(2) --------------------- g. Total noninterest income (sum of items 5.a through 5.f)................. RIAD 4079 123,772 5.g. 6. a. Realized gains (losses) on held-to-maturity securities.................. RIAD 3521 0 6.a. b. Realized gains (losses) on available-for-sale securities................ RIAD 3196 1,729 6.b. --------------------- 7. Noninterest expense: a. Salaries and employee benefits.......................................... 4135 149,747 7.a. b. Expenses of premises and fixed assets (net of rental income) (excluding salaries and employee benefits and mortgage interest)........ 4217 36,440 7.b. c. Other noninterest expense*.............................................. 4092 82,968 7.c. --------------------- d. Total noninterest expense (sum of items 7.a through 7.c.)............... RIAD 4093 269,155 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) RIAD 4301 152,599 8. 9. Applicable income taxes (on item 8)......................................... RIAD 4302 59,638 9. 10. Income (loss) before extraordinary items and other adjustments (item 8 minus 9).................................................................... --------------------- RIAD 4300 92,961 10. 11. Extraordinary items and other adjustments, net of income taxes*............. RIAD 4320 0 11. 12. Net income (loss) (sum of items 10 and 11).. RIAD 4340 92,961 12. ---------------------
- ------------ (*) Describe on Schedule RI-E--Explanations. Schedule RI--Continued Legal Title of Bank: UNION BANK OF CALIFORNIA, NATIONAL ASSOCIATION Call Date: 03/31/98 ST-BK: 06-1410 FFIEC 031 Address: 400 CALIFORNIA STREET Page RJ-3 City, State Zip: SAN FRANCISCO, CA 94104 Printed 05/15/98 at 10:32 FDIC Certificate No.: 2 2 8 2 6
Schedule RI--Continued
----- I481 <-- ---------------- Year-to-date --------------------- Memoranda Dollar Amounts in Thousands RIAD Bil Mil Thou - ------------------------------------------------------------------------------------------------------- 1. Interest expense incurred to carry tax-exempt securities, loans, and leases acquired after August 7, 1986, that is not deductible for federal income tax purposes ............................................................... 4513 100 M.1. 2. Income from the sale and servicing of mutual funds and annuities in domestic offices (included in Schedule RI, item 8).......................... 8431 9,326 M.2. 3.-4. Not applicable 5. Number of full-time equivalent employees at end of period (round to Number nearest whole number). ........................................... 4150 9,895 M.5. 6. Not applicable 7. If the reporting bank has restated its balance sheet as a result of ------ applying push RIAD CC YY MM DD down accounting this calendar year, RAID CC YY MM DD report the date of the bank's acquisition (1)........................ 9106 00 00 00 OO 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): a. Interest rate exposures................................................. 8757 2,360 M.8.a. b. Foreign exchange exposures.............................................. 8758 4,851 M.8.b. c. Equity security and index exposures..................................... 8759 0 M.8.c. d. Commodity and other exposures........................................... 8760 0 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 76 M.9.a. b. Net (increase) decrease to interest expense............................. 8762 93 M.9.b. c. Other (noninterest) allocations......................................... 8763 0 M.9.c. 10. Credit losses on off-balance sheet derivative (see instructions)............ A251 0 M.10. ---------------------- 11. Does the reporting bank have a Subchapter S election in effect for federal YES NO ---------------------- income tax Purposes for the current tax year?............................... A530 X M.11. ---------------------- 12. Deferred portion of total applicable income taxes included in Schedule RI, Bil Mil Thou ---------------------- 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. Legal Title of Bank: UNION BANK OF CALIFORNIA, NATIONAL ASSOCIATION Call Date: 03/31/98 ST-BK: 06-1410 FFIEC 031 Address: 400 CALIFORNIA STREET Page RJ-4 City, State Zip: SAN FRANCISCO, CA 94104 Printed 05/15/98 at 10:32 FDIC Certificate No.: 2 2 8 2 6
Schedule RI-A--Changes in Equity Capital Indicate decreases and losses in parentheses.
----- I483 <-- -------------- Year-to-date ------------------- Dollar Amounts in Thousands RIAD Bil Mil Thou - ----------------------------------------------------------------------------------------------------- 1. Total equity capital originally reported in the December 31, 1997, Reports of Condition and Income............................................. 3215 2,624,901 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 2,624,901 3. 4. Net income (loss) (must equal Schedule RI, item 12)......................... 4340 92,961 4. 5. Sale, conversion, acquisition, or retirement of capital stock, net.......... 4346 828 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 24,529 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 year* (see instructions for this schedule) ....................................... 4412 0 10. 11. Change in net unrealized holding gains (losses) on available-for-sale securities.................................................................. 8433 (2,194) 11. 12. Foreign currency translation adjustments.................................... 4414 346 12. 13. Other transactions with parent holding company* (not included in items 5, 7, or 8 above)..................................................... 4415 0 13. 14. Total equity capital end of current period (sum of items 3 through 13) (must equal Schedule RC, item 28)........................................... 3210 2,692,313 14. ----------------
- ----------- * Describe on Schedule RI-E--Explanations. Schedule RI-B--Charge-offs and Recoveries on Loans and Leases and Changes in Allowance for Credit Losses Part I. Charge-offs and Recoveries on Loans and Leases Part I excludes charge-offs and recoveries through the allocated transfer risk reserve.
------- I486 <-- ------------------------------------ (Column A) (Column B) Charge-offs Recoveries ------------------------------------ Calendar year-to-date ------------------------------------ Dollar Amounts in Thousands RIAD Bil Mil Thou RIAD Bil Mil Thou - ----------------------------------------------------------------------------------- ------------------------------------ 1. Loans secured by real estate: a. To U.S. addressees (domicile)............................................. 4651 2,356 4661 1,400 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 1,085 4665 3,174 3. 4. Commercial and industrial loans: a. To U.S. addressees (domicile)............................................. 4645 2,683 4617 3,815 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 5,879 4666 919 5.a. b. Other (includes single payment, installment, and all student loans)....... 4657 4,944 4667 2,136 5.b. 6. Loans to foreign governments and official institutions........................ 4643 0 4627 0 6. 7. All other loans............................................................... 4644 295 4628 717 7. 8. Lease financing receivables: a. Of U.S. addressees (domicile)............................................. 4658 657 4668 77 8.a. b. Of non-U.S. addressees (domicile)......................................... 4659 0 4669 0 8.b. 9. Total (sum of items 1 through 8).............................................. 4635 17,899 4605 12,238 9. ------------------------------------------
Legal Title of Bank: UNION BANK OF CALIFORNIA, NATIONAL ASSOCIATION Call Date: 03/31/98 ST-BK: 06-1410 FFIEC 031 Address: 400 CALIFORNIA STREET Page RJ-5 City, State Zip: SAN FRANCISCO, CA 94104 Printed 05/15/98 at 10:32 FDIC Certificate No.: 2 2 8 2 6
Schedule RI-B--Continued Part I. Continued
------------------------------------ (Column A) (Column B) Charge-offs Recoveries ------------------------------------ Calendar year-to-date Memoranda ------------------------------------ Dollar Amounts in Thousands RIAD Bil Mil Thou RIAD Bil Mil Thou - ----------------------------------------------------------------------------------- ------------------------------------ 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, items 4 and 7, above): a. Construction and land development............................................. 3582 3 3583 3 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 1,615 5412 840 M.5.c.(1) (2) All other loans secured by 1-4 family residential properties............................................................... 5413 424 5414 54 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 314 3591 503 M.5.e. -------------------------------------
Part II. Changes in Allowance for Credit Losses
------------------ Dollar Amounts in Thousands RIAD Bil Mil Thou - ------------------------------------------------------------------------------------------------------------------------- 1. Balance originally reported in the December 31, 1997, Reports of Condition and Income.......................................................................... 3124 468,606 1. 2. Recoveries (must equal or exceed part I, item 9, column B above).............................. 2419 12,238 2. 3. LESS: Charge-offs (must equal or exceed part I, item 9, column A above)...................... 2432 17,899 3. 4. Provision for credit losses (must equal Schedule RI, item 4.a)................................ 4230 20,034 4. 5. Adjustments* (see instructions for this schedule)............................................. 4815 2 5. 6. Balance end of current period (sum of items 1 through 5) (must equal or exceed Schedule RC, item 4.b)....................................................................... A512 462,981 6. ------------------
- ---------- *Describe on Schedule RI-E--Explanations. Legal Title of Bank: UNION BANK OF CALIFORNIA, NATIONAL ASSOCIATION Call Date: 03/31/98 ST-BK: 06-1410 FFIEC 031 Address: 400 CALIFORNIA STREET Page RJ-6 City, State Zip: SAN FRANCISCO, CA 94104 Printed 05/15/98 at 10:32 FDIC Certificate No.: 2 2 8 2 6
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 not income. Part I. Estimated Income from International Operations
----- I487 <-- ------------------ Year-to-date ------------------ Dollar Amounts in Thousands RIAD Bil Mil Thou - ------------------------------------------------------------------------------------------------------------------------ 1. Interest income and expense booked at foreign offices, Edge and Agreement subsidiaries, and IBF's a. Interest income booked...................................................................... 4837 N/A 1.a b. Interest expense booked.................................................................... 4838 N/A 1.b c. Net income expense booked at foreign offices, Edge and Agreement subsidiaries, and 4339 N/A 1.c IBF's (item 1.a minus 1.b)................................................................. 2. Adjustments for booking location of income international operations: 4840 N/A 2.a a. Net interest income attributable to international operations booked at domestic offices 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)....................................... 4841 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. 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. ------------------
------------------ Year-to-date Memoranda ------------------ Dollar Amounts in Thousands RIAD Bil Mil Thou - ------------------------------------------------------------------------------------------------------------------------ 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. ------------------
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
------------------ Year-to-date ------------------ Dollar Amounts in Thousands RIAD Bil Mil Thou - ------------------------------------------------------------------------------------------------------------------------ 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. -------------------
Legal Title of Bank: UNION BANK OF CALIFORNIA, NATIONAL ASSOCIATION Call Date: 03/31/98 ST-BK: 06-1410 FFIEC 031 Address: 400 CALIFORNIA STREET Page RJ-7 City, State Zip: SAN FRANCISCO, CA 94104 Printed 05/15/98 at 10:32 FDIC Certificate No.: 2 2 8 2 6
SCHEDULE RI-E--Explanations Schedule RI-E is to be completed each quarter on a calendar year-to-date basis. Detail all adjustments in Schedule 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).
------ I495 <-- ------------------- Year-to-date ------------------- Dollar Amounts in Thousands RIAD Bil Mil Thou - -------------------------------------------------------------------------------------------------------------------- 1. All other noninterest income (from Schedule RI, items 5.f.(2)) Report amounts that exceed 10% of Schedule RI, item 5.f.(2): a. Net gains (losses) on other real estate owned.......................................... 5415 1.a. b. Net gains (losses) on sales of loans................................................... 5416 1.b. c. Net gains (losses) on sales of premises and fixed assets............................... 5417 1.c. Itemize and describe the three largest other amounts that exceed 10% of Schedule RI,... Item 5.f.(2): --------------- d. Text 4461 4461 1.d. -------------------------------------------------------------------------------------- e. Text 4462 4462 1.e. -------------------------------------------------------------------------------------- f. Text 4463 4463 1.f. -------------------------------------------------------------------------------------- 2. Other noninterest expense (from Schedule RI, item 7.c): ................................... a. Amortization expense of intangible assets.............................................. 4531 3,347 2.a. Reports amounts that exceed 10% of Schedule RI, item 7.c:.............................. b. Net (gains) losses on other real estate owned.......................................... 5418 0 2.b. c. Net (gains) losses on sales of loans................................................... 5419 0 2.c. d. Net (gains) losses on sales of premises and fixed assets............................... 5420 0 2.d. Itemize and describe the three largest other amounts that exceed 10% of Schedule RI, Item 7.c: --------------- e. Text 4464 Credit card processing 4464 20,000 2.e. -------------------------------------------------------------------------------------- f. Text 4467 4467 2.f. -------------------------------------------------------------------------------------- g. Text 4468 4468 -------------------------------------------------------------------------------------- 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): ----------- a. (1) Text 4469 4469 3.a.(1) ---------------------------------------------------------------------------------- (2) Applicable income tax effect RIAD 4486 3.a. (2) ---------------------------------------------------------------------------------- b. (1) Text 4487 4487 3.b (1) ---------------------------------------------------------------------------------- (2) Applicable income tax effect RIAD 4488 3.b.(2) ---------------------------------------------------------------------------------- c. (1) Text 4489 4489 3.c.(1) ---------------------------------------------------------------------------------- (2) Applicable income tax effect RIAD 4491 3.c.(2) ---------------------------------------------------------------------------------- 4. Equity capital adjustments from amended Reports of Income (from Schedule RI-A, item 2) (itemize and describe all adjustments): --------------- a. Text 4492 4492 4.a. -------------------------------------------------------------------------------------- b. Text 4493 4493 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): --------------- a. Text 4494 4494 5.a. -------------------------------------------------------------------------------------- b. Text 4495 4495 5.b. -------------------------------------------------------------------------------------- 6. Corrections of material accounting errors from prior years (from Schedule RI-A, item 10) (itemize and describe all corrections): --------------- a. Text 4496 4496 6.a. -------------------------------------------------------------------------------------- b. Text 4497 4497 6.b. ------------------------------------------------------------------------------------------------------------
Legal Title of Bank: UNION BANK OF CALIFORNIA, NATIONAL ASSOCIATION Call Date: 03/31/98 ST-BK: 06-1410 FFIEC 031 Address: 400 CALIFORNIA STREET Page RJ-8 City, State Zip: SAN FRANCISCO, CA 94104 Printed 05/15/98 at 10:32 FDIC Certificate No.: 2 2 8 2 6
SCHEDULE RI-E--Continued
-------------------- Year-to-date -------------------- Dollar Amounts in Thousands RIAD Bil Mil Thou - --------------------------------------------------------------------------------------------------------------------- 7. Other transactions with parent holding company (from Schedule RI-A, item 13) (itemize and describe all such transactions): ------------ a. Text 4498 4498 7.a. -------------------------------------------------------------------------------------- b. Text 4499 4499 7.b. -------------------------------------------------------------------------------------- 8. Adjustments to allowance for credit losses (from Schedule RI-B, part II, item 5 (itemize and describe all adjustments): ------------ a. Text 4521 Other adjustment 4521 2 8.a. -------------------------------------------------------------------------------------- b. Text 4522 4522 8.b. ----------------------------------------------------------------------------------------------------------- 9. Other explanations (the space below is provided for the bank to briefly describe, at its 1499 1499 <-- Option, any other significant items affecting the Report of Income): ------------------- No comment [ ] (RIAD 4769) Other explanations (please type or print clearly):
(TEXT 4769) Legal Title of Bank: UNION BANK OF CALIFORNIA, NATIONAL ASSOCIATION Call Date: 03/31/98 ST-BK: 06-1410 FFIEC 031 Address: 400 CALIFORNIA STREET Page RC-1 City, State Zip: SAN FRANCISCO, CA 94104 Printed 05/15/98 at 10:32 FDIC Certificate No.: 2 2 8 2 6
Consolidated Report of Condition for Insured Commercial and State-Chartered Savings Banks for March 31, 1998 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
------ C400 <-- ------------------- Dollar Amounts in Thousands RCFD Bil Mil Thou - -------------------------------------------------------------------------------------------------------------------- ASSETS 1. Cash and balance due from depository instructions (from Schedule RC-A: a. Noninterest-bearing balances and currency and coin(1)............................... 0081 2,435,382 1.a. b. Interest-bearing balances(2)........................................................ 0071 185,651 1.b. 2. Securities: a. Held-to-maturity securities (from Schedule RC-B, column A).......................... 1754 175,696 2.a. b. Available-for-sale securities....................................................... 1773 2,830 2.b. 3. Federal funds sold and securities purchased under agreements to resell................. 1350 7433.87 4. Loans and lease financing receivables: --------------------- a. Loans and leases, net of unearned income (from Schedule RC-C).. RCFD 2122 22,228,948 4.a. b. LESS: Allowance for loan and lease losses ..................... RCFD 3123 462,981 4.b. c. LESS: Allocated transfer risk reserve ......................... RCFD 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 21,765,967 4.d. 5. Trading assets (from Schedule RC-D).................................................... 3545 851,188 5. 6. Premises and fixed assets (including capitalized leases)............................... 2145 376,171 6. 7. Other real estate owned (from Schedule RC-M)........................................... 2150 19,651 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 535,754 9. 10. Intangible assets (from Schedule RC-M)................................................. 2143 74,411 10. 11. Other assets (from Schedule RC-F)...................................................... 2160 636,733 11. 12. Total assets (sum of items 1 through 11)............................................... 2170 30,630,934 12. -------------------
- --------- (1) Includes cash items in process of collection and unposted debits. (2) Includes time certificates of deposit not held for trading. Legal Title of Bank: UNION BANK OF CALIFORNIA, NATIONAL ASSOCIATION Call Date: 03/31/98 ST-BK: 06-1410 FFIEC 031 Address: 400 CALIFORNIA STREET Page RC-2 City, State Zip: SAN FRANCISCO, CA 94104 Printed 05/15/98 at 10:31 FDIC Certificate No.: 2 2 8 2 6
Schedule RC--Continued
--------------------- Dollar Amounts in Thousands RCFD Mil Thou Bil - ---------------------------------------------------------------------------------------------------------------------- LIABILITIES 13. Deposits: RCFD 2200 21,255,418 13.a. a. In domestic offices (sum of totals of columns A and C from Schedule RC-E): part I)................................................................................ ------------------------- (1) Noninterest-bearing ...................................... RCON 6631 9,057,585 13.a.(1) (2) Interest bearing.......................................... RCON 6636 12,197,833 13.a(2) ------------------------- b. In foreign offices, Edge and Agreement subsidiaries, and IBFs (from Schedule RC-E, part II) .............................................................................. RCFD 2200 3,950,237 13.b. ------------------------- (1) Noninterest-bearing ...................................... RCFN 6631 13.b.(1) (2) Interest-bearing.......................................... RCFN 6636 3,578,932 13.b.(2) ------------------------- 14. Federal funds purchased and securities sold under agreements to repurchase................ RCFD 2800 1,009,523 14. 15. a. Demand notes issued to the U.S. Treasury............................................... RCFD 2840 169,330 15.a. b. Trading liabilities (from Schedule RC-D)............................................... RCFD 3548 95,274 15.b. 16. Other borrowed money (includes mortgage indebtedness and obligations under Capitalized leases): a. With a remaining maturity of one year or less.......................................... RCFD 2332 214,746 16.a. b. With a remaining maturity of more than one year through three years.................... RCFD A547 607 16.b. c. With a remaining maturity of more than three years..................................... RCFD A548 1094 16.c. 17. Not applicable 18. Bank's liability on acceptances executed and outstanding.................................. RCFD 2920 535,754 18. 19. Subordinated notes and debentures (2)..................................................... RCFD 3200 190,000 19. 20. Other liabilities (from Schedule RC-G).................................................... RCFD 2930 609,623 20. 21. Total liabilities (sum of items 13 through 20)............................................ RCFD 2948 27,938,621 21. 22. Not applicable EQUITY CAPITAL 23. Perpetual preferred stock and related surplus............................................. RCFD 3838 0 23. 24. Common stock.............................................................................. RCFD 3230 604,577 24. 25. Surplus (exclude all surplus related to preferred stock).................................. RCFD 3839 1,006,431 25. 26. a. Undivided profits and capital reserves................................................. RCFD 3632 1,075,927 26.a. b. Net unrealized holding gains (losses) on available-for-sale securities ................ RCFD 8434 17,4904 26.b. 27. Cumulative foreign currency translation adjustments ...................................... RCFD 3284 (12,112) 27. 28. Total equity capital (sum of items 23 through 27)......................................... RCFD 3210 2,692,313 28. 29. Total liabilities and equity capital (sum of items 21 and 28)............................. RCFD 3300 30,630,934 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 Number most comprehensive level of auditing the work performed for the bank by independent external auditors as of any date Number during -------------- 1997............................................................................................ RCFD 6724 2 M.1. --------------
1 = Independent audit of the bank conducted in accordance with generally accepted auditing standards by a certified public accounting firm which submits a report on the bank 2 = Independent audit of the bank's parent holding company conducted in accordance with generally accepted auditing standards by a certified public accounting firm which submits a report on the consolidated holding company (but not on the bank separately) 3 = 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) 4 = Directors' examination of the bank performed by other external auditors (may be required by state chartering authority) 5 = Review of the bank's financial statements by external auditors 6 = Compilation of the bank's financial statements by external auditors 7 = Other audit procedures (excluding tax preparation work) 8 = 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. Legal Title of Bank: UNION BANK OF CALIFORNIA, NATIONAL ASSOCIATION Call Date: 03/31/98 ST-BK: 06-1410 FFIEC 031 Address: 400 CALIFORNIA STREET Page RC-3 City, State Zip: SAN FRANCISCO, CA 94104 Printed 05/15/98 at 10:32 FDIC Certificate No.: 2 2 8 2 6
Schedule RC-A--Cash and Balances due From Depository Institutions Exclude assets held for trading.
-------- C405 <-- -------------------------------------------- (Column A) (Column B) Consolidated Domestic Bank Offices -------------------------------------------- Dollar Amounts in Thousands RCFD Bil Mil Thou RCON Bil Mil Thou - ------------------------------------------------------------------------------------------------------------------------------- 1. Cash items in process of collection, unposted debits, and currency and coin ........................................................................ 0022 1,617,192 1. a. Cash items in process of collection and unposted debits................... 0020 1,204,249 1.a. b. currency and coin......................................................... 0080 411,479 1.b. 2. Balances due from depository institutions in the U.S. ....................... 0082 57,360 2. a. U.S. branches and agencies of foreign banks (including their IBFs)........ 0083 40,000 2.a. b. Other commercial banks in the U.S. and other depository institutions in the U.S. (including their IBFs)........................................ 0085 61,182 2.b. 3. Balances due from banks in foreign countries and foreign central banks....... 0070 3,722 3. a. Foreign branches of other U.S. banks...................................... 0073 21 3.a. b. Other banks in foreign countries and foreign central banks................ 0074 150,652 3.b. 4. Balances due from Federal Reserve Banks ..................................... 0090 751,986 0090 732,578 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 2,621,033 0010 2,409,388 5. --------------------------------------------
---------------------- Memorandum Dollar Amounts in Thousands RCON Bil Mil Thou - ------------------------------------------------------------------------------------------------------------------------------- 1. Noninterest-bearing balances due from commercial banks in the U.S. (included in item 2, column B above) ................................................................................. 0050 57,360 M.1. ----------------------
Schedule RC-B--Securities Exclude assets held for trading.
-------- C410 <-- ---------------------------------------------------------------------------------- Held-to-maturity Available-for-sale ---------------------------------------------------------------------------------- (Column A) (Column B) (Column C) (Column D) Amortized Cost Fair Value Amortized Cost Fair Value(1) ---------------------------------------------------------------------------------- Dollar Amounts in Thousands RCFD Bil Mil Thou RCFD Bil Mil Thou RCFD Bil Mil Thou RCFD Bil Mil Thou - ------------------------------------------------------------------------------------------------------------------------------- 1. U.S. Treasury securities .............. 0211 40,077 0213 41,288 1286 733,421 1287 743,565 1. 2. U.S. Government agency obligations (exclude mortgage-backed securities): a. Issued by U.S. Govern- ment agencies(2) ................... 1289 0 1290 0 1291 0 1293 0 2.a. b. Issued by U.S. Government-sponsored agencies(3) ........................ 1294 89,577 1295 91,800 1297 794,754 1298 796,656 2.b. ----------------------------------------------------------------------------------
- ---------- (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. 13 Legal Title of Bank: UNION BANK OF CALIFORNIA, NATIONAL ASSOCIATION Call Date: 03/31/98 ST-BK: 06-1410 FFIEC 031 Address: 400 CALIFORNIA STREET Page RC-3 City, State Zip: SAN FRANCISCO, CA 94104 Printed 05/15/98 at 10:31 FDIC Certificate No.: 2 2 8 2 6
Schedule RC-B--Continued
-------------------------------------------------------------------------------------- Held-to-maturity Available-for-sale <-- -------------------------------------------------------------------------------------- (Column A) (Column B) (Column C) (Column D) Amortized Cost Fair Value Amortized Cost Fair Value(1,2) -------------------------------------------------------------------------------------- Dollar Amounts in Thousands RCFD Bil Mil Thou RCFD Bil Mil Thou RCFD Bil Mil Thou RCFD Bil Mil Thou - ---------------------------------------------------------------------------------------------------------------------------- 3. Securities issued by states and political subdivisions in the U.S.: a. General obligations .............. 1676 20,316 1677 19,899 1678 63,328 1679 70,650 3.a. b. Revenue obligations ........... 1681 4,373 1686 4,201 1690 24,112 1691 29,708 3.b. c. Industrial development and similar obligations ....... 1694 0 1695 0 1696 0 1697 0 3.c. 4. Mortgage-backed securities (MBS): a. Pass-through securities: (1) Guaranteed by GNMA ...................... 1698 19,038 1699 20,606 1701 0 1702 0 4.a.(1) (2) Issued by FNMA and FHLMC ................. 1703 377 1705 390 1706 361,909 1707 363,711 4.a.(2) (3) Other pass-through securities ................ 1709 0 1710 0 1711 0 1713 0 4.a.(3) b. Other mortgage-backed securities (include CMOs, REMICs, and stripped MBS): (1) Issued or guaranteed by FNMA, FHLMC, or GNMA ................... 1714 1,938 1715 1,933 1716 773,445 1717 773,932 4.b.(1) (2) Collateralized by MBS issued or guaranteed by FNMA, FHLMC, or GNMA ............ 1718 0 1719 0 1731 0 1732 0 4.b.(2) (3) All other mortgage-backed securities ................ 1733 0 1734 0 1735 0 1736 0 4.b.(3) 5. Other debt securities: a. Other domestic debt securities .................... 1737 0 1738 0 1739 0 1741 0 5.a. b. Foreign debt securities .................... 1742 0 1743 0 1744 1,681 1746 1,682 5.b. 6. Equity securities: a. Investments in mutual funds and other equity securities with readily determinable fair values....... A510 0 A511 141 6.a. b. All other equity securities(1).................. 1752 48,396 1753 48,396 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 175,696 1771 179,317 1772 2,801,048 1773 2,830,443 7. --------------------------------------------------------------------------------------
- ---------- (1) Includes equity securities without readily determinable fair values at historical cost in item 6.b, column D. 14 Legal Title of Bank: UNION BANK OF CALIFORNIA, NATIONAL ASSOCIATION Call Date: 03/31/98 ST-BK: 06-1410 FFIEC 031 Address: 400 CALIFORNIA STREET Page RC-3 City, State Zip: SAN FRANCISCO, CA 94104 Printed 05/15/98 at 10:31 FDIC Certificate No.: 2 2 8 2 6
Schedule RC-B--Continued
-------- Memoranda C412 <-- ---------------------- Dollar Amounts in Thousands RCFD Bil Mil Thou - -------------------------------------------------------------------------------------------------------------------- 1. Pledged securities(1) .................................................................... 0416 1,613,754 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 33,244 M.2.a.(1) (2) Over three months through 12 months ............................................... A550 165,288 M.2.a.(2) (3) Over one year through three years ................................................. A551 1,136,517 M.2.a.(3) (4) Over three years through five years ............................................... A552 381,120 M.2.a.(4) (5) Over five years through 15 years .................................................. A553 61,220 M.2.a.(5) (6) Over 15 years ..................................................................... A554 21,215 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 0 M.2.b.(1) (2) Over three months through 12 months ............................................... A556 0 M.2.b.(2) (3) Over one year through three years ................................................. A557 51,364 M.2.b.(3) (4) Over three years through five years ............................................... A558 40,763 M.2.b.(4) (5) Over five years through 15 years .................................................. A559 290,739 M.2.b.(5) (6) Over 15 years ..................................................................... A560 260 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 332,122 M.2.c.(1) (2) Over three years .................................................................. A562 443,748 M.2.c.(2) d. Fixed rate AND floating rate debt securities with a REMAINING MATURITY of one year or less (included in Memorandum items 2.a through 2.c above) ............................. A248 196,533 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) ........................................................................ 1178 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.D: a. Amortized cost ........................................................................ 8780 0 M.8.a. b. Fair value ............................................................................ 8781 0 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 0 M.9.a. b. Fair value ............................................................................ 8783 0 M.9.b. ----------------------
- ---------- (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 items 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. 15 Legal Title of Bank: UNION BANK OF CALIFORNIA, NATIONAL ASSOCIATION Call Date: 03/31/98 ST-BK: 06-1410 FFIEC 031 Address: 400 CALIFORNIA STREET Page RC-3 City, State Zip: SAN FRANCISCO, CA 94104 Printed 05/15/98 at 10:31 FDIC Certificate No.: 2 2 8 2 6
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.
-------- C415 <-- --------------------------------------------- (Column A) (Column B) Consolidated Bank Domestic Offices --------------------------------------------- Dollars Amount in Thousands RCFD Bil Mil Thou RCON Bil Mil Thou - ------------------------------------------------------------------------------------------------------------------------ 1. Loans secured by real estate.......................................... 1410 7,692,706 1. a. Construction and land development.................................. 1415 272,450 1.a. b. Secured by farmland (including farm residential and other improvements)...................................................... 1420 6,259 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 786,122 1.c.(1) (2) All other loans secured by 1-4 family residential properties: (a) Secured by first lien...................................... 5367 3,079,657 1.c.(2)(a) (b) Secured by junior liens.................................... 5368 432,469 1.c.(2)(b) d. Secured by multifamily (5 or more) residential properties.......... 1460 449,359 1.d. e. Secured by nonfarm nonresidential properties....................... 1480 2,663,863 1.e. 2. Loans to depository institutions: a. To commercial banks in the U.S..................................... 1505 7,366 2.a. (1) To U.S. branches and agencies of foreign banks................. 1506 61,979 2.a.(1) (2) To other commercial banks in the U.S........................... 1507 7,366 2.a.(2) b. To other depository institutions in the U.S....................... 1517 0 1517 0 2.b. c. To banks in foreign countries...................................... 1510 86,606 2.c. (1) To foreign branches of other U.S. banks........................ 1513 0 2.c.(1) (2) To other banks in foreign countries............................ 1516 670,347 2.c.(2) 3. Loans to finance agricultural production and other loans to farms..... 1590 227,426 1590 227,426 3. 4. Commercial and industrial loans: a. To U.S. addressees (domicile)...................................... 1763 9,364,105 1763 9,224,353 4.a. b. To non-U.S. addressees (domicile).................................. 1764 348,216 1764 0 4.b. 5. Acceptances of other banks: a. Of U.S. banks...................................................... 1756 0 1756 0 5.a. b. Of foreign banks................................................... 1757 0 1757 0 5.b. 6. Loans to individuals for household, family, and other personal expenditures (i.e. consumer loans) (includes purchased paper)......... 1975 2,082,998 6. a. Credit cards and related plans (includes check credit and other revolving credit plans)............................................ 2008 350,399 6.a. b. Other (includes single payment, installment, and all student loans)............................................ 2011 1,757,247 6.b. 7. Loans to foreign governments and official institutions (including foreign central banks)................................................ 2081 43,562 2081 232 7. 8. Obligations (other than securities and leases) of states and political subdivisions in the U.S. (includes nonrated industrial development obligations).............................................. 2107 50,954 2107 20,924 8. 9. Other loans........................................................... 1563 1,183,947 9. a. Loans for purchasing or carrying securities (secured and unsecured) 1545 18,866 9.a. b. All other loans (exclude consumer loans)........................... 1564 1,982,428 9.b. 10. Lease financing receivables (net of unearned income) 2165 618,484 10. a. Of U.S. addressees (domicile)...................................... 2182 618,484 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 117,780 2123 115,905 11. 12. Total loans and leases, net of unearned income (sum of items 1 through minus item 11) (total of column A must equal Schedule RC, item 4.a).. 2122 22,228,948 2122 20,943,957 12. ---------------------------------------------
16 Legal Title of Bank: UNION BANK OF CALIFORNIA, NATIONAL ASSOCIATION Call Date: 03/31/98 ST-BK: 06-1410 FFIEC 031 Address: 400 CALIFORNIA STREET Page RC-3 City, State Zip: SAN FRANCISCO, CA 94104 Printed 05/15/98 at 10:31 FDIC Certificate No.: 2 2 8 2 6
Schedule RC-C--Continued Part I. Continued
Memoranda ------------------------- Dollar Amounts in Thousands Bil Mil Thou - -------------------------------------------------------------------------------------------------------------------- 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)................................................... RCFD 1687 0 M.2.a.(1) (2) To non-U.S. addressees (domicile)............................................... RCFD 1689 0 M.2.a.(2) b. All other loans and all lease financing receivables (exclude loans to individuals for household, family, and other personal expenditures)............................. RCFD 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......................... RCFD 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 (reported in Schedule RC-C, part I, item 1.c.(2)(a), column B) with a remaining maturity or repricing frequency of:(1,2) (1) Three months or less............................................................ RCON A564 504,887 M.3.a.(1) (2) Over three months through 12 months............................................. RCON A565 1,169,480 M.3.a.(2) (3) Over one year through three years............................................... RCON A566 19,837 M.3.a.(3) (4) Over three years through five years............................................. RCON A567 13,041 M.3.a.(4) (5) Over five years through 15 years................................................ RCON A568 425,353 M.3.a.(5) (6) Over 15 years................................................................... RCON A569 945,771 M.3.a.(6) b. All loans and leases (reported in Schedule RC-C, part I, items 1 through 10, column A) EXCLUDING closed-end loans secured by first liens on 1-4 family residential properties in domestic offices (reported in Schedule RC-C, part I, item 1.c.(2)(a), column B) with a remaining maturity or repricing frequency of:(1,3) (1) Three months or less............................................................ RCFD A570 12,024,414 M.3.b.(1) (2) Over three months through 12 months............................................. RCFD A571 2,106,420 M.3.b.(2) (3) Over one year through three years............................................... RCFD A572 1,476,614 M.3.b.(3) (4) Over three years through five years............................................. RCFD A573 1,559,933 M.3.b.(4) (5) Over five years through 15 years................................................ RCFD A574 1,708,728 M.3.b.(5) (6) Over 15 years................................................................... RCFD A575 289,435 M.3.b.(6) c. Fixed rate AND floating rate loans and leases (reported in Schedule RC-C, part I, items 1 through 10, column A) with a REMAINING MATURITY of one year or less......... RCFD A247 5,384,090 M.3.c. d. Fixed rate AND floating rate loans secured by nonfarm nonresidential properties in domestic offices (reported in Schedule RC-C, part I, item 1.e, column B) with a REMAINING MATURITY of over five years............................................... RCON A577 1,552,519 M.3.d. e. Fixed rate AND floating rate commercial and industrial loans (reported in Schedule RC-C, part I, item 4, column A) with a REMAINING MATURITY of over three years....... RCFD A578 4,634,243 M.3.e. -------------------------
- ---------- (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. 17 Legal Title of Bank: UNION BANK OF CALIFORNIA, NATIONAL ASSOCIATION Call Date: 03/31/98 ST-BK: 06-1410 FFIEC 031 Address: 400 CALIFORNIA STREET Page RC-3 City, State Zip: SAN FRANCISCO, CA 94104 Printed 05/15/98 at 10:31 FDIC Certificate No.: 2 2 8 2 6
Schedule RC-C--Continued Part I. Continued
Memoranda (continued) ------------------------------ Dollar Amounts in Thousands Bil Mil Thou - ----------------------------------------------------------------------------------------------------------------------- 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)........................................................ RCFD 2746 215,692 M.4. 5. Loans and leases held for sale (included in Schedule RC-C, part I, page RC-6)........ RCFD 5369 97,000 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)................................................................. RCON 5370 1,670,288 M.6. ------------------------------
- ---------- (1) Exclude loans secured by real estate that are included in Schedule RC-C, part I, item 1, column A. 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).
-------- C420 <-- -------------------------------- Dollar Amounts in Thousands Bil Mil Thou - ------------------------------------------------------------------------------------------------------------------------ ASSETS 1. U.S. Treasury securities in domestic offices........................................ RCON 3531 6,789 1. 2. U.S. Government agency obligations in domestic offices (exclude mortgage-backed securities)......................................................................... RCON 3532 504,165 2. 3. Securities issued by states and political subdivisions in the U.S. in domestic offices............................................................................. RCON 3533 19,028 3. 4. Mortgage-backed securities (MBS) in domestic offices: a. Pass-through securities issued or guaranteed by FNMA, FHLMC, or GNMA............. RCON 3534 38 4.a. b. Other mortgage-backed securities issued or guaranteed by FNMA, FHLMC, or GNMA (includes CMOs, REMICs, and stripped MBS)........................................ RCON 3535 0 4.b. c. All other mortgage-backed securities............................................. RCON 3536 0 4.c. 5. Other debt securities in domestic offices........................................... RCON 3537 0 5. 6.-8. Not applicable 9. Other trading assets in domestic offices............................................ RCON 3541 237,363 9. 10. Trading assets in foreign offices................................................... RCON 3542 981 10. 11. Revaluation gains on interest rate, foreign exchange rate, and other commodity and equity contracts: a. In domestic offices.............................................................. RCON 3543 82,809 11.a. b. In foreign offices............................................................... RCFN 3543 15 11.b. 12. Total trading assets (sum of items 1 through 11) (must equal Schedule RC, item 5)... RCFD 3545 851,188 12. -------------------------------- -------------------------------- Bil Mil Thou -------------------------------- 13. Liability for short positions....................................................... RCFD 3546 16,568 13. 14. Revaluation losses on interest rate, foreign exchange rate, and other commodity and equity contracts.................................................................... RCFD 3547 78,736 14. 15. Total trading liabilities (sum of items 13 and 14) (must equal Schedule RC, item 15.b)............................................................................... RCFD 3548 95,274 15. --------------------------------
18 Legal Title of Bank: UNION BANK OF CALIFORNIA, NATIONAL ASSOCIATION Call Date: 03/31/98 ST-BK: 06-1410 FFIEC 031 Address: 400 CALIFORNIA STREET Page RC-3 City, State Zip: SAN FRANCISCO, CA 94104 Printed 05/15/98 at 10:31 FDIC Certificate No.: 2 2 8 2 6
Schedule RC-E--Deposit Liabilities Part I. Deposits in Domestic Offices
----------- C425 <-- --------------------------------------------------------------------- Transaction Nontransaction Accounts Accounts --------------------------------------------------------------------- (Column A) (Column B) (Column C) Total transaction Memo: Total Total accounts (including demand deposits nontransaction total demand (included in accounts deposits) column A) (including MMDAs) --------------------------------------------------------------------- Dollar Amounts in Thousands RCON Bil Mil Thou RCON Bil Mil Thou RCON Bil Mil Thou - ----------------------------------------------------------------------------------------------------------------------- Deposits of: 1. Individuals, partnerships, and corporations.. 2201 6,917,973 2240 6,215,980 2346 12,952,770 1. 2. U.S. Government.............................. 2202 5,839 2280 5,839 2520 0 2. 3. States and political subdivisions in the U.S. 2203 299,095 2290 242,183 2530 333,255 3. 4. Commercial banks in the U.S.................. 2206 416,164 2310 416,164 2550 3,491 4. 5. Other depository institutions in the U.S..... 2207 104,995 2312 104,995 2349 0 5. 6. Banks in foreign countries................... 2213 61,529 2320 61,529 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 160,307 2330 160,307 8. 9. Total (sum of items 1 through 8) (sum of columns A and C must equal Schedule RC, item 13.a)........................................ 2215 7,965,902 2210 7,206,997 2385 13,289,516 9. ---------------------------------------------------------------------
Memoranda ---------------------- Dollar Amounts in Thousands RCON Bil Mil Thou - ----------------------------------------------------------------------------------------------------------------------- 1. Selected components of total deposits (i.e., sum of item 9, columns and C): a. Total individual Retirement Account (IRAs) and Keogh Plan accounts........................ 6835 498,334 M.1.a. b. Total brokered deposits................................................................... 2365 175,000 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 d. Maturity data for brokered deposits: 0 M.1.c.(2) (1) Brokered deposits issued in denominations of less than $100,000 with 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 175,000 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 N/A M.1.e. (to be completed for the December report only)............................................ 2. Components of total nontransaction accounts (sum of Memorandum items 2a. through 2.d must equal item 9, column C above): a. Savings deposit: (1) Money market deposit accounts (MMDAs)................................................. 6810 6,839,935 M.2.a.(1) (2) Other savings deposits (MMDAs)........................................................ 0352 1,066,911 M.2.a.(2) b. Total time deposits of less than $100,000................................................. 6648 1,666,518 M.2.b. c. Total time deposits of $100,000 or more................................................... 2604 3,716,152 M.2.c. 3. All NOW accounts (included in column A above)................................................ 2398 485,260 M.3. 4. Not applicable ----------------------
19 Legal Title of Bank: UNION BANK OF CALIFORNIA, NATIONAL ASSOCIATION Call Date: 03/31/98 ST-BK: 06-1410 FFIEC 031 Address: 400 CALIFORNIA STREET Page RC-3 City, State Zip: SAN FRANCISCO, CA 94104 Printed 05/15/98 at 10:31 FDIC Certificate No.: 2 2 8 2 6
Schedule RC-E--Continued Part I. Continued
Memoranda (continued) ---------------------- Dollar Amounts in Thousands RCON Bil Mil Thou - ------------------------------------------------------------------------------------------------ ---------------------- 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) (1) Three months or less.................................................................. A579 652,518 M.5.a.(1) (2) Over three months through 12 months................................................... A580 738,478 M.5.a.(2) (3) Over one year through three years..................................................... A581 183,935 M.5.a.(3) (4) Over three years...................................................................... A582 91,587 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 1,363,320 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 2,866,226 M.6.a.(1) (2) Over three months through 12 months................................................... A585 697,528 M.6.a.(2) (3) Over one year through three years..................................................... A586 110,871 M.6.a.(3) (4) Over three years...................................................................... A587 41,527 M.6.a.(4) b. Fixed rate AND floating 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 3,595,494 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. 20 Legal Title of Bank: UNION BANK OF CALIFORNIA, NATIONAL ASSOCIATION Call Date: 03/31/98 ST-BK: 06-1410 FFIEC 031 Address: 400 CALIFORNIA STREET Page RC-17 City, State Zip: SAN FRANCISCO, CA 94104 Printed 05/15/98 at 10:33 FDIC Certificate No.: 2 2 8 2 6
Schedule RC-E--Continued PART II. Deposits in Foreign Offices (including Edge and Agreement subsidiaries and IBFs)
------------------------- Dollar Amounts in Thousands RCFN Bil Mil Thou - ------------------------------------------------------------------------------------------------------------------------ Deposits of: 1. Individuals, partnerships and corporations................................................... 2621 1,458,679 1. 2. U.S. banks (including IBFs and foreign branches of U.S. banks)............................... 2623 213,817 2. 3. Foreign banks (including U.S. branches and agencies of foreign banks, including their IBFs).. 2625 55,473 3. 4. Foreign governments and official institutions (including foreign central banks).............. 2650 26,719 4. 5. Certified and official checks................................................................ 2330 1,936 5. 6. All other deposits........................................................................... 2668 1,593,613 6. 7. Total (sum of items 1 through 6) (must equal Schedule RC, item 13.b)......................... 2200 3,850,237 7. ------------------------- Memorandum ------------------------- Dollar Amounts in Thousands RCFN Bil Mil Thou - ------------------------------------------------------------------------------------------------------------------------ 1. Time deposits with a remaining maturity of one year or less (included in Part II, item 7 above)A24 3,508,921 M.1
Schedule RC-F--Other Assets
------ C430 <-- ------------------------- Dollar Amounts in Thousands Bil Mil Thou - ------------------------------------------------------------------------------------------------------------------------ 1. Income earned, net collected on loans................................................... RCFD 2164 108,778 1. 2. Net deferred tax assets(1).............................................................. RCFD 2148 85,067 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 462,888 4. a. TEXT 3549 RCFD 3549 4.a. b. TEXT 3550 RCFD 3550 4.b. c. TEXT 3551 RCFD 3551 4.c. 5. Total (sum of items 1 through 4) (must equal Schedule RC, item 11)...................... RCFD 2160 636,733 5. -------------------------- Memorandum ------------------------- Dollar Amounts in Thousands Bil Mil Thou - ------------------------------------------------------------------------------------------------------------------------ 1. Deferred tax assets disallowed for regulatory capital purposes.......................... RCFD 5610 0 M.1 --------------------------
Schedule RC-G--Other Liabilities
------ C435 <-- ------------------------- Dollar Amounts in Thousands Bil Mil Thou - ------------------------------------------------------------------------------------------------------------------------ 1. a. Interest accrued and unpaid on deposits in domestic offices (3)...................... RCON 3645 33,450 1. b. Other expenses accrued and unpaid (includes accrued income taxes payable)............ RCON 3646 204,602 2. 2. Net deferred tax liabilities (1)........................................................ RCFD 3049 0 2. 3. Minority interest in consolidated subsidiaries.......................................... RCFD 3000 0 3. 4. Other (itemize and describe amounts that exceed 25% of this item)....................... RCFD 2938 349,571 4. a. TEXT 3552 RCFD 3552 4.a b. TEXT 3553 RCFD 3553 4.b. c. TEXT 3554 RCFD 3554 4.c. 5. Total (sum of items 1 through 4) (must equal Schedule RC, item 11)...................... RCFD 2930 609,623 5. -------------------------
- --------------- (1) See discussion of deferred income taxes in Glossary entry on "income taxes." (2) Report interest-only strips receivable in the form of 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. 21 Legal Title of Bank: UNION BANK OF CALIFORNIA, NATIONAL ASSOCIATION Call Date: 03/31/98 ST-BK: 06-1410 FFIEC 031 Address: 400 CALIFORNIA STREET Page RC-12 City, State Zip: SAN FRANCISCO, CA 94104 Printed 05/15/98 at 10:33 FDIC Certificate No.: 2 2 8 2 6
Schedule RC-H--Selected Balance Sheet Items for Domestic Offices
-------- C440 <-- ------------------------- Domestic Offices ------------------------- Dollar Amounts in Thousands RCFN Bil Mil Thou - ------------------------------------------------------------------------------------------------------------------------ 1. Customer's liability to this bank on acceptances outstanding............................ 2155 521,200 1. 2. Bank's liability on acceptances executed and outstanding................................ 2920 521,200 2. 3. Federal funds sold and securities purchased under agreements to resell.................. 1350 743,887 3. 4. Federal funds purchased and securities sold under agreements to repurchase.............. 2800 1,009,523 4. 5. Other borrowed money.................................................................... 3190 215,462 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 ofices, Edge and Agreeement subsidiaries, and IBFs............... 2941 2,375,154 7. 8. Total assets (excludes net due from foreign offices, Edge and Agreement subsidiaries, and IBFs................................................................................ 2192 29,117,623 8. 9. Total liabilities (excludes netdue to foreign offices, Edge and Agreement subsidiaries, and IBFs)............................................................................... 3129 24,050,156 9. -------------------------
In items 10-17, report the amortised (historical) cost of both held-to-maturity and available-for-sale securities in domestic offices.
------------------------- Dollar Amounts in Thousands RCFN Bil Mil Thou - ------------------------------------------------------------------------------------------------------------------------ 10. U.S. Treasury Securities............................................................... 1039 773,496 10. 11. U.S. Government agency obligations (exclude mortgage-backed securities) 1041 884,331 11. 12. Securities issued by states and political subdivisions in the U.S. 1042 112,129 12. 13. Mortgage-backed securities (MBS): a. Pass-through securities: (1) Issued or guaranteed by FNMA, FHLMC, or GNMA.................................. 1043 381,324 13.a.(1) (2) Other pass-through securities................................................. 1044 0 13.a.(2) b. Other mortgage-backed securities (include CMOs, REMICs, and stripped MBS): (1) Issued or guaranteed by FNMA, FHLMC, or GNMA.................................. 1209 775,383 13.a.(1) (2) All other mortgage-backed securities.......................................... 1280 0 13.b.(2) 14. Other domestic debt securities ........................................................ 1281 0 14. 15. Foreign debt securities................................................................ 1282 0 15. 16. Equity securities: a. Investments in mutual funds and other equity securities with readily determinable fair values.......................................................... A520 0 16.a. b. All other equity securities....................................................... 1752 48,305 16.b. 17. Total amortised (historical) cost of both held-to-maturity and available-for-sale securities (sum of items 10 through 16)................................................ 1374 2,974,970 17. ------------------------- Memorandum (to be completed only by banks with IBFs and other "foreign" offices) ------------------------- Dollar Amounts in Thousands RCFN Bil Mil Thou - ------------------------------------------------------------------------------------------------------------------------- EITHER 1. Net due from the IBF of the domestic offices of the reporting bank...................... 3051 336,177 M.1 OR 2. Net due to the IBF of the domestic offices of the reporting bank ....................... 3059 N/A M.2
22 Legal Title of Bank: UNION BANK OF CALIFORNIA, NATIONAL ASSOCIATION Call Date: 03/31/98 ST-BK: 06-1410 FFIEC 031 Address: 400 CALIFORNIA STREET Page RC-13 City, State Zip: SAN FRANCISCO, CA 94104 Printed 05/15/98 at 10:33 FDIC Certificate No.: 2 2 8 2 6
SCHEDULE RC-I--Selected Assets and Liabilities of IBFs To be completed only by banks with IBFs and other "foreign" offices.
------- C445 <-- ------------------------- Domestic Offices ------------------------- Dollar Amounts in Thousands RCFN Bil Mil Thou - ------------------------------------------------------------------------------------------------------------------------ 1. Total IBF assets of the consolidated bank (component of Schedule RC, item 12)........... 2133 415,914 1. 2. Total IBF loans and lease financing receivables (component of Schedule RC-C, part I, Item 12, column A)...................................................................... 2076 337,073 2. 3. IBF commercial and industrial loans (component of Schedule RC-C, part 1, item, 4 Column A)............................................................................... 2077 0 3. 4. Total IBF liabilities, (component of Schedule RC, item 21).............................. 2898 121,465 4. 5. IBF deposit liabilities due to banks, including other IBFs (component of Schedule RC-E, part II, items 2 and 3.................................................................. 2379 43,547 5. 6. Other IBF deposit liabilities (component of Schedule RC-E, part II, items 1, 4, 5, and 6)................................................................... 2381 0 6. -------------------------
SCHEDULE RC-K--Quarterly Averages (1)
------- C445 <-- ------------------------ Dollar Amounts in Thousands Bil Mil Thou - ------------------------------------------------------------------------------------------------------------------------ ASSETS RCFD 3381 504,099 1. 1. Interest-bearing balances due from depository institutions............................. 2. U.S. Treasury securities and U.S. Government agency obligations (2).................... RCFD 3382 2,535,403 2. 3. Securities issued by states and political subdivisions in the U.S. (2)................. RCFD 3383 112,808 3. 4. a. Other debt securities (2)........................................................... RCFD 3647 11,069 4.a. b. Equity securities (3) (includes investments in mutual funds and Federal Reserve stock).............................................................. RCFD 3648 61,206 4.b. 5. Federal funds sold and securities purchased under agreements to resell................. RCFD 3365 297,177 5. 6. Loans: a. Loans in domestic offices: (1) Total loans..................................................................... RCON 3360 20,315,668 6.a.(1) (2) Loans secured by real estate.................................................... RCON 3385 7,747,343 6.a.(2) (3) Loans to finance agricultural production and other loans to farmers............. RCON 3386 228,302 6.a.(3) (4) Commercial and industrial loans................................................. RCON 3387 9,089,385 6.a.(4) (5) Loans to individuals for household, family, and other personal expenditures..... RCON 3388 2,086,527 6.a.(5) b. Total loans in foreign offices, Edge and Agreement subsidiaries, and IBFs........... RCON 3360 1,420,954 6.b. 7. Trading assets......................................................................... RCFD 3401 448,228 7. 8. Lease financing receivables (net of unearned income)................................... RCFD 3484 601,848 8. 9. Total assets(4)........................................................................ RCFD 3368 29,798,466 9. LIABILITIES 10. Interest-bearing transaction accounts in domestic offices (NOW accounts, ATS accounts, and telephone and preauthorized transfer accounts) (exclude demand deposits)........... RCON 3485 578,944 10. 11. Nontransaction accounts in domestic offices: a. Money market deposit accounts (MMDAs)............................................... RCON 3486 5,774,302 11.a. b. Other savings deposits.............................................................. RCON 3487 1,043,619 11.b. c. Time deposits of $100,000 or more................................................... RCON A514 3,554,126 11.c. d. Time deposits of less than $100,000................................................. RCON A529 1,774,802 11.d. 12. Interest-bearing deposits in foreign offices, Edge and Agreement subsidiaries, and IBFs RCFN 3404 3,504,552 12. 13. Federal funds purchased and securities sold under agreements to repurchase............. RCFD 3353 1,080,829 13. 14. Other borrowed money (includes mortgage indebtedness and obligations under capitalized Leases)................................................................................ RCFD 3355 359,672 14. --------------------------
- --------- (1) For all items, banks have the option of reporting either (1) an average of daily figurers 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 value at the lower of cost or fair value, and equity securities without readily determinable fair values at historical cost. 23 Legal Title of Bank: UNION BANK OF CALIFORNIA, NATIONAL ASSOCIATION Call Date: 03/31/98 ST-BK: 06-1410 FFIEC 031 Address: 400 CALIFORNIA STREET Page RC-14 City, State Zip: SAN FRANCISCO, CA 94104 Printed 05/15/98 at 10:33 FDIC Certificate No.: 2 2 8 2 6
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 RCFD Bil Mil Thou - ----------------------------------------------------------------------------------------------------------------------- 1. Unused commitments: a. Revolving, open-end lines secured by 1-4 family residential properties, e.g., home equity lines................................................................. 3814 1,063,609 1.a. b. Credit card lines................................................................. 3815 714,518 1.b. c. Commercial real estate, construction, and land development: (1) Commitments to fund loans secured by real estate.............................. 3816 686,509 1.c. (1) (2) Commitments to fund loans not secured by real estate.......................... 6550 35,456 1.c. (2) d. Securities underwriting........................................................... 3817 0 1.d. e. Other unused commitments.......................................................... 3818 12,968,541 1.e. 2. Financial standby letters of credit and foreign office guarantees.................... 3819 2,415,464 2. ----------------------- a. Amount of financial standby letters of credit conveyed to others ....................................... RCFD 3820 301,485 2.a. ----------------------- 3. Performance standby letters of credit and foreign office guarantees.................. 3821 298,223 3. ----------------------- a. Amount of performance standby letters of credit conveyed to others........................................ RCFD 3822 1,000 3.a. ----------------------- 4. Commercial and similar letters of credit............................................ 3411 323,862 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 37,056 6. 7. Securities borrowed.................................................................. 3432 0 7. 8. Securities lent (including customers' securities lent where the customer is indemnified against loss by the reporting bank)..................................... 3433 1,029,415 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 0 9.a. (1) (2) Amount of recourse exposure on these mortgages as of the report date.......... A522 0 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. (2) 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 251,010 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. ------------- ------------------------------------- a. TEXT 3555 RCFD 3555 12.a. b. TEXT 3556 RCFD 3556 12.b. c. TEXT 3557 RCFD 3557 12.c. d. TEXT 3558 RCFD 3558 12.d. - -----------------------------------------------------------------------------------------------------------------------
24 Legal Title of Bank: UNION BANK OF CALIFORNIA, NATIONAL ASSOCIATION Call Date: 03/31/98 ST-BK: 06-1410 FFIEC 031 Address: 400 CALIFORNIA STREET Page RC-14 City, State Zip: SAN FRANCISCO, CA 94104 Printed 05/15/98 at 10:33 FDIC Certificate No.: 2 2 8 2 6
Schedule RC-L--Continued
------------------------- Dollar Amounts in Thousands RCFD Bil Mil Thou - ----------------------------------------------------------------------------------------------------------------------- 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 13.a. b. TEXT 5593 RCFD 5593 13.b. c. TEXT 5594 RCFD 5594 13.c. d. TEXT 5595 RCFD 5595 13.d. - -----------------------------------------------------------------------------------------------------------------------
--------- C461 <-- ------------------------------------------------------------------------------- (Column A) (Column B) (Column C) (Column D) Dollar Amounts in Thousands Interest Rate Foreign Exchange Equity Derivative Commodity and Contracts Contracts Contracts Other Contracts Off-balance Sheet Derivatives ------------------------------------------------------------------------------- Position Indicators Tril Bil Mil Thou Tril Bil Mil Thou Tril Bil Mil Thou Tril Bil Mil Thou - ---------------------------------------------------------------------------------------------------------------------------- 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. Future contracts..................... 0 0 0 0 14.a. ------------------------------------------------------------------------------- RCFD 8693 RCFD 8694 RCFD 8695 RCFD 8696 ------------------------------------------------------------------------------- b. Forward contracts.................... 0 1,536,203 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.c.(1) ------------------------------------------------------------------------------- RCFD 8701 RCFD 8702 RCFD 8703 RCFD 8704 ------------------------------------------------------------------------------- (2) Purchased options................ 0 0 0 0 14.c.(2) ------------------------------------------------------------------------------- RCFD 8705 RCFD 8706 RCFD 8707 RCFD 8708 ------------------------------------------------------------------------------- d. Over-the-counter option contracts: ------------------------------------------------------------------------------- (1) Written options.................. 3,183,796 956 0 0 14.d.(1) ------------------------------------------------------------------------------- RCFD 8709 RCFD 8710 RCFD 8711 RCFD 8712 ------------------------------------------------------------------------------- (2) Purchased options................ 4,149,135 956 0 0 14.d.(2) ------------------------------------------------------------------------------- RCFD 8713 RCFD 8714 RCFD 8715 RCFD 8716 ------------------------------------------------------------------------------- e. Swaps................................ 2,342,046 137,851 0 0 14.e. ------------------------------------------------------------------------------- RCFD 3450 RCFD 3826 RCFD 8719 RCFD 8720 ------------------------------------------------------------------------------- 15. Total gross notional amount of 15. derivative contracts held for trading............................. 4,084.,639 1,74,242 0 0 ------------------------------------------------------------------------------- RCFD A126 RCFD A127 RCFD 8723 RCFD 8724 ------------------------------------------------------------------------------- 16. Gross notional amount of derivative contracts held for purposes other than trading: ------------------------------------------------------------------------------- a. Contracts marked to market........... 0 475,324 0 0 16.a. ------------------------------------------------------------------------------- RCFD 8725 RCFD 8726 RCFD 8727 RCFD 8728 ------------------------------------------------------------------------------- b. Contracts not marked to market....... 5,590,338 26,400 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........................... 0 16.c. ------------------------------------------------------------------------------- RCFD A589 -------------------------------------------------------------------------------
25 Legal Title of Bank: UNION BANK OF CALIFORNIA, NATIONAL ASSOCIATION Call Date: 03/31/98 ST-BK: 06-1410 FFIEC 031 Address: 400 CALIFORNIA STREET Page RC-16 City, State Zip: SAN FRANCISCO, CA 94104 Printed 05/15/98 at 10:33 FDIC Certificate No.: 2 2 8 2 6
Schedule RC-L--Continued
------ C462 ---------------------------------------------------------------------------------------- (Column A) (Column B) (Column C) (Column D) Interest Rate Foreign Exchange Equity Derivative Commodity and Dollar Amounts in Thousands Contracts Contracts Contracts Other Contracts - -------------------------------------------------------------------------------------------------------------------------- Off-Balance Sheet Derivatives Position Indicators RCFD Bil Mil Thou RCFD Bil Mil Thou RCFD Bil Mil Thou RCFD Bill Mill Thou - -------------------------------------------------------------------------------------------------------------------------- 17. Gross fair values of derivative contracts: a. Contracts held for trading: (1) Gross positive fair value... 8733 35,758 8734 40,143 8735 0 8736 0 17.a.(1) (2) Gross negative fair value... 8737 33,803 8738 33,389 8739 0 8740 0 17.a.(2) b. Contracts held for purposes other than trading that are marked to market: (1) Gross positive fair value... 8741 0 8742 736 8743 0 8744 0 17.b.(1) (2) Gross negative fair value... 8745 0 8746 6,700 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 15,332 8750 3,350 8751 0 8752 0 17.c.(1) (2) Gross negative fair value... 8753 854 8754 0 8755 0 8756 0 17.c.(2) ----------------------------------------------------------------------------------------- -------------------- Memoranda Dollar Amounts in Thousands RCFD Bil Mil Thou - --------------------------------------------------------------------------------------------------------------------------- 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 8,766,742 M.3. a. Participations in commitments with an original maturity --------------------- exceeding one year conveyed to others.................................. RCFD 3834 397,254 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. addresses (domicile) included in Schedule RC-L, items 2 and 3, above................. 3377 86,950 M.4. 5. 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 credit (including mobile home loans) (to be completed for the September report only)...................................................................... 2743 N/A M.5.c. --------------------
26 Legal Title of Bank: UNION BANK OF CALIFORNIA, NATIONAL ASSOCIATION Call Date: 03/31/98 ST-BK: 06-1410 FFIEC 031 Address: 400 CALIFORNIA STREET Page RC-17 City, State Zip: SAN FRANCISCO, CA 94104 Printed 05/15/98 at 10:33 FDIC Certificate No.: 2 2 8 2 6
Schedule RC-M--Memoranda ----- C465 -------------------- Dollar Amounts in Thousands RCFD Bil Mil Thou - -------------------------------------------------------------------------------------------------------------------------- 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, principal shareholders, and their related interests..................................................... 6164 234,644 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 defined for this purpose in agency regulations.......RCFD 6165 0 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 2,300 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 3,567 4.a. b. Mortgages serviced under a FHLMC contract: (1) Serviced with recourse to servicer........................................................ 5501 83 4.b.(1) (2) Serviced without recourse to servicer..................................................... 5502 560,261 4.b.(2) c. Mortgages serviced under a FNMA contract: (1) Serviced under a regular option contract.................................................. 5503 92,189 4.c.(1) (2) Serviced under a special option contract.................................................. 5504 3,440 4.a.(2) d. Mortgages serviced under other servicing contracts............................................ 5505 156,731 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 183,738 5.a. b. Non-U.S. addressees (domicile)................................................................ 2104 352,016 5.b. 6. Intangible assets: a. Mortgage servicing assets..................................................................... 3164 0 6.a. (1) Estimated fair value of mortgage servicing assets............................RCFD 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 4,927 6.b.(2) c. Goodwill...................................................................................... 3163 69,484 6.a. d. Total (sum of items 6.a., 6.b.(1), 6.b.(2), and 6.c) (must equal Schedule RC, item 10)........ 2143 74,411 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.
- ---------- (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. 27 Legal Title of Bank: UNION BANK OF CALIFORNIA, NATIONAL ASSOCIATION Call Date: 03/31/98 ST-BK: 06-1410 FFIEC 031 Address: 400 CALIFORNIA STREET Page RC-18 City, State Zip: SAN FRANCISCO, CA 94104 Printed 05/15/98 at 10:33 FDIC Certificate No.: 2 2 8 2 6
Schedule RC-M--Continued
-------------------- Dollar Amounts in Thousands Bil Mil Thou - ------------------------------------------------------------------------------------------------------------------------ 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 382 8.a.(2)(a) (b) Farmland in domestic offices....................................................... RCON 5509 0 8.a.(2)(b) (c) 1-4 family residential properties in domestic offices.............................. RCON 5510 11,266 8.a.(2)(c) (d) Multifamily (5 or more) residential properties in domestic offices................. RCON 5511 O 8.a.(2)(d) (e) Nonfarm nonresidential properties in domestic offices.............................. RCON 5512 8,003 8.a.(2)(e) (f) In foreign offices................................................................. RCFN 5513 0 8.a.(2)(f) (3) Total (sum of items 8.a.(1) and 8.a.(2) (must equal Schedule RC, item 7)............... RCFD 2150 19,631 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 3378 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 6641 0 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 61,330 10.d. e. Annuities.................................................................................. RCON 8430 10,157 10.e. f. Sales of proprietary mutual funds and annuities (included in items 10.a through 10.e above)................................................................................ RCON 8784 10,097 10.f. 11. Net unamoritized realized deferred gains (losses) on off-balance sheet derivative contracts included in assets and liabilities reported in Schedule RC.................................... RCFD A525 0 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. -------------------- - ------------------------------------------------------------------------------------------------------------------------------ -------------------- Memorandum Dollar Amounts in Thousands RCFD Bil Mil Thou - ------------------------------------------------------------------------------------------------------------------------ 1. Reciprocal holdings of banking organizations' capital instruments (to be completed for the December report only) ................................................ 3836 N/A M.1. -------------------- - ------------------------------------------------------------------------------------------------------------------------------
- -------- (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. 28 Legal Title of Bank: UNION BANK OF CALIFORNIA, NATIONAL ASSOCIATION Call Date: 03/31/98 ST-BK: 06-1410 FFIEC 031 Address: 400 CALIFORNIA STREET Page RC-19 City, State Zip: SAN FRANCISCO, CA 94104 Printed 05/15/98 at 10:33 FDIC Certificate No.: 2 2 8 2 6
Schedule RC-N--Past Due and Nonaccrual Loans, Leases, and other Assets
The FFIEC regards the information reported in ------ all of the Memorandum item 1, in items 1 through 10, C470 column A, and in Memorandum items 2 through 4, ------ column A, as confidential. -------------------- -------------------- --------------------- (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 -------------------- -------------------- -------------------- Dollar Amounts in Thousands RCFD Bil Mil Thou RCFD Bil Mil Thou RCFD Bil Mil Thou - -------------------------------------------------------------------------------------------------------------------------- 1. Loans secured by real estate: a. To U.S. addressees (domicile)..................... 1245 55,416 1246 13,024 1247 46,911 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 25 1597 0 1583 5,905 3. 4. Commercial and industrial loans: a. To U.S. addressees (domicile)..................... 1251 25,109 1252 439 1253 55.228 4.a. b. To non-U.S. addresses (domicile).................. 1254 0 1255 0 1256 0 4.b. 5. Loans to individuals for household, family and other personal ependitures: a. Credit cards and related plans.................... 5383 6,231 5384 1,183 5385 5 5.a. b. Other (includes single payment, installment, and all student loans)............................ 5386 19,590 5387 2,438 5388 37 5.b. 6. Loans to foreign governments and official institutions......................................... 5389 0 5390 0 5391 0 6. 7. All other loans...................................... 5459 2,242 5460 685 5461 4,365 7. 8. Lease financing receivables: a. Of U.S. addressees (domicile)..................... 1257 1,975 1258 180 1259 0 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 guranteed loans and leases that have already been included in the amounts reported in items 1 through 8. ---------------------------------------------------------------- 10. Loans and leases reported in item 1 RCFD Bil Mil Thou RCFD Bil Mil Thou RCFD Bil Mil Thou through 8 above which are wholly or partially ---------------------------------------------------------------- guaranteed by the U.S. Government................... 5612 0 5613 0 5614 0 10. a. Guaranteed portion of loans and leases included in item 10 above........................ 5615 0 5616 0 5617 0 10.a. ----------------------------------------------------------------
29 Legal Title of Bank: UNION BANK OF CALIFORNIA, NATIONAL ASSOCIATION Call Date: 03/31/98 ST-BK: 06-1410 FFIEC 031 Address: 400 CALIFORNIA STREET Page RC-19 City, State Zip: SAN FRANCISCO, CA 94104 Printed 05/15/98 at 10:33 FDIC Certificate No.: 2 2 8 2 6
Schedule RC-N--Continued
------ C470 <-- ------ -------------------- -------------------- --------------------- (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 -------------------- -------------------- -------------------- Dollar Amounts in Thousands RCFD Bil Mil Thou RCFD Bil Mil Thou RCFD Bil Mil Thou - -------------------------------------------------------------------------------------------------------------------------- 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 151 6559 0 6560 265 M.2. ---------------------------------------------------------------- 3. Loans secured by real estate in domestic offices RCON Bil Mil Thou RCON Bil Mil Thou RCON Bil Mil Thou (included in Schedule RC-N, item 1, above): ---------------------------------------------------------------- a. Construction and land development 2759 2,721 2769 0 3492 0 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 3,795 5399 1,492 5400 0 M.3.c.(1) (2) All other loans secured by 1-4 family residential properties........................ 5401 40,015 5402 11,128 5403 1,340 M.3.c.(2) d. Secured by multifamily (5 or more) residential properties........................................ 3499 1,017 3500 0 3501 1,458 M.3.d. e. Secured by nonfarm nonresidential properties...... 3502 7,868 3503 404 3504 44,113 M.3.e. ---------------------------------------------------------------- ------------------------------------------ (Column A) (Column B) Past due 30 Past due 90 through 89 days days or more ------------------------------------------ RCFD Bil Mil Thou RCFD Bil Mil Thou ------------------------------------------ 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. ------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ CATF <- ------ Person to whom questions about the Reports of Condition and Income should be directed: Midori Y. Heckert (415) 765-3192 - ---------------------------------------------------------- ------------------------------------------------------- Name and Title (TEXT 8901) Telephone: Area code/phone number/extension (TEXT 8902) Even though Call Reports must be filed electronically, send my bank a sample set of paper Call Report forms for the next quarter: Yes [X] (RCON 9117) (415) 76X-2230 ------------------------------------------------------- FAX: Area code/phone number (TEXT 9116) - ------------------------------------------------------------------------------------------------------------------------------------
30 Legal Title of Bank: UNION BANK OF CALIFORNIA, NATIONAL ASSOCIATION Call Date: 03/31/98 ST-BK: 06-1410 FFIEC 031 Address: 400 CALIFORNIA STREET Page RC-21 City, State Zip: SAN FRANCISCO, CA 94104 Printed 05/15/98 at 10:33 FDIC Certificate No.: 2 2 8 2 6
Schedule RC-O--Other Data for Deposit Insurance and FICO Assessments
------ C475 <-- -------------------- Dollar Amounts in Thousands RCFD Bil Mil Thou - ------------------------------------------------------------------------------------------------------------------------ 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 8,430 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 44,907 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 510 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 60,996 5.a. b. Time and savings deposits(1) in insured branches (included in Schedule RC-E, Part II)....... 2383 100,656 5.b. c. Interest accrued and unpaid on deposits in insured branches (included in Schedule RC-G, item 1.b.)................................................................... 5515 1,243 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 0 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 0 7.a. b. Unamortized discounts....................................................................... 5517 0 7.b. 8. To be completed by banks with "Oakar deposits." a. Deposits purchased or acquired from other FDIC-insured institution 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 FIDC-insured institutions during the quarter (exclude sales or transfers by the reporting bank of deposts in foreign offices other than insured branches in Puerto Rico and U.S. territories and possessions) ...................... A533 N/A 8.b. --------------------
- ------------ (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. 31 Legal Title of Bank: UNION BANK OF CALIFORNIA, NATIONAL ASSOCIATION Call Date: 03/31/98 ST-BK: 06-1410 FFIEC 031 Address: 400 CALIFORNIA STREET Page RC-22 City, State Zip: SAN FRANCISCO, CA 94104 Printed 05/15/98 at 10:33 FDIC Certificate No.: 2 2 8 2 6
Schedule RC-O--Continued
-------------------- Dollar Amounts in Thousands RCON Bil Mil Thou - --------------------------------------------------------------------------------------------------------------------- 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 186,003 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. 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. -------------------- Memoranda (to be completed each quarter except as noted) -------------------- Dollar Amounts in Thousands RCON Bil Mil Thou - --------------------------------------------------------------------------------------------------------------------- 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...................................... 2702 7,372,114 M.1.a.(1) (2) Number of deposit accounts of $100,000 or less (to be Number -------------------- completed for the June report only)............................ RCON 3779 N/A M.1.a.(2) -------------------- b. Deposit accounts of more than $100,000: (1) Amount of deposit accounts of more than $100,000.................................... 2710 13,883,304 M.1.b.(1) Number -------------------- (2) Number of deposit accounts of more than $100,000................ RCON 2722 24,026 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. Indicate in the appropriate box at the right whether your bank has a method or YES NO 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 RCON Bil Mil Thou -------------------- 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 A545 N/A RCON A545 N/A M.3. - ---------------------------------------------------------------------------------------------------------------------
32 Legal Title of Bank: UNION BANK OF CALIFORNIA, NATIONAL ASSOCIATION Call Date: 03/31/98 ST-BK: 06-1410 FFIEC 031 Address: 400 CALIFORNIA STREET Page RC-22 City, State Zip: SAN FRANCISCO, CA 94104 Printed 05/15/98 at 10:33 FDIC Certificate No.: 2 2 8 2 6
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, 1997, 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.
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 C480 <-- -------------- appropriate box at the right whether the bank has total capital greater than or YES NO ---------------------------- equal to eight percent of adjusted total assets....................................... RCFD 6056 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 RCON Bil Mil Thou - ------------------------------------------------------------------------------------------------------------------------ 2. Portion of qualifying limited-life capital instruments (original weighted average maturity of at least five years) that is includible in Tier 2 capital: a. Subordinated debt(1) and intermediate term preferred stock.................................. A515 139,200 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. (1) Tier 1 capital.......................................................................... 8274 2,600,412 3.a. (1) (2) Tier 2 capital.......................................................................... 8275 500,569 3.a. (2) (3) Tier 3 capital.......................................................................... 1395 0 2.a. (3) b. Total risk-based capital.................................................................... 3792 3,100,981 3.b. c. Excess allowance for loan and lease losses (amount that exceeds 1.25% of gross risk-weighted assets)....................................................................... A222 101,612 3.c. d. (1) Net risk-weighted assets (gross risk-weighted assets less excess allowance reported in item 3.c. above and all other deductions)............................................ A223 28,807,877 3.d. (1) (2) Market risk equivalent assets........................................................... 1651 0 3.d. (2) e. Maximum contractual dollar amount of recourse exposure in low level recourse transactions (to be completed only if the bank uses the "direct reduction method" to report these transactions in Schedule RC-R)............................ 1727 0 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 29,724,055 3.f.
-------------------- -------------------- (Column A) (Column B) Items 4-9 and Memoranda items 1 and 2 are to be completed Assets Credit Equiv- by banks that answered NO to item 1 above and Recorded alent Amount by banks with total assets of $1 billion or more. on the of Off-Balance Balance Sheet Sheet Items(3) -------------------- -------------------- 4. Assets and credit equivalent amounts of off-balance sheet items RCFD Bil Mil Thou RCFD Bil Mil Thou -------------------- -------------------- assigned to the Zero percent risk category: a. Assets recorded on the balance sheet........................... 5163 2,151,412 4.a. b. Credit equivalent amount of off-balance sheet items............ 3796 1,029,415 4.b. -------------------- --------------------
- ------------ (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. 33 Legal Title of Bank: UNION BANK OF CALIFORNIA, NATIONAL ASSOCIATION Call Date: 03/31/98 ST-BK: 06-1410 FFIEC 031 Address: 400 CALIFORNIA STREET Page RC-24 City, State Zip: SAN FRANCISCO, CA 94104 Printed 05/15/98 at 10:34 FDIC Certificate No.: 2 2 8 2 6
Schedule RC-R--Continued
------------------------------------------ (Column A) (Column B) Assets Credit Equiv- Recorded alent Amount on the of Off-Balance Balance Sheet Sheet Items(1) ------------------------------------------ Dollar Amounts in Thousands RCFD Bil Mil Thou RCFD Bil Mil Thou - ------------------------------------------------------------------------------------------------------------------------- 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 6,078,604 5.a. b. Credit equivalent amount of off-balance sheet items....... 3801 618,776 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 3,299,692 6.a. b. Credit equivalent amount of off-balance sheet items....... 3803 56,934 6.b. 7. Assets and credit equivlent amounts of off-balance sheet items assigned to the 100 percent risk category: a. Assets recorded on the balance sheet...................... 3804 19,378,003 7.a. b. Credit equivalent amount of off-balance sheet items....... 3805 6,513,697 7.b. 8. On-balance sheet asset values excluded from and deducted in the calculation of the risk-based capital ratio (2)........... 3806 186,204 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 31,093,915 9. -----------------------------------------
-------------------- Memoranda Dollar Amounts in Thousands RCFD Bil Mil Thou - ------------------------------------------------------------------------------------------------------------------------- 1. Current credit exposure across all off-balance sheet derivative contracts covered by the risk-based capital standards.................................................................... 8764 87,890 M.1. --------------------
-------------------------------------------------------------------------- With a remaining maturity of -------------------------------------------------------------------------- (Column A) (Column B) (Column C) One year or less Over one year Over five years through five years 2. Notional principal amounts of -------------------------------------------------------------------------- off-balance sheet derivative contracts(3): RCFD Tril Bil Mil Thou RCFD Tril Bil Mil Thou RCFD Tril Bil Mil Thou -------------------------------------------------------------------------- a. Interest rate contracts........... 3809 1,362,144 8766 4,585,106 8767 543,931 M.2.a. b. Foreign exchange contracts........ 3812 1,418,424 8769 34,616 8770 65,235 M.2.b. c. Gold contracts.................... 8771 0 8772 0 8773 0 M.2.c. d. Other precious metals contracts... 8774 0 8775 0 8776 0 M.2.d. e. Other commodity contracts......... 8777 0 8778 0 8779 0 M.2.e. f. Equity derivative contracts....... A000 0 A001 0 A002 0 M.2.f. --------------------------------------------------------------------------
- ----------- (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 debt 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, 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. 34 Legal Title of Bank: UNION BANK OF CALIFORNIA, NATIONAL ASSOCIATION Call Date: 03/31/98 ST-BK: 06-1410 FFIEC 031 Address: 400 CALIFORNIA STREET Page RC-25 City, State Zip: SAN FRANCISCO, CA 94104 Printed 05/15/98 at 10:34 FDIC Certificate No.: 2 2 8 2 6
Optional Narrative Statement Concerning the Amounts Reported in the Reports of Condition and Income at close of business on March 31, 1998 UNION BANK OF CALIFORNIA, NATIONAL ASSOCIATION - -------------------------------------------------------------------------------- Legal Title of Bank SAN FRANCISCO, California - -------------------------------------------------------------------------------- City State The management of the reporting bank may, if it wishes, submit a brief narrative statement on the amounts reported in the Reports of Condition and Income. This optional statement will be made available to the public, along with the publicly available data in the Reports of Condition and Income, in response to any request for individual bank report data. However, the information reported in column A and in all of Memorandum item 1 of Schedule RC-N is regarded as confidential and will not be released to the public. BANKS CHOOSING TO SUBMIT THE NARRATIVE STATEMENT SHOULD ENSURE THAT THE STATEMENT DOES NOT CONTAIN THE NAMES OR OTHER IDENTIFICATIONS OF INDIVIDUAL BANK CUSTOMERS, REFERENCES TO THE AMOUNTS REPORTED IN THE CONFIDENTIAL ITEMS IN SCHEDULE RC-N, OR ANY OTHER INFORMATION THAT THEY ARE NOT WILLING TO HAVE MADE PUBLIC OR THAT WOULD COMPROMISE THE PRIVACY OF THEIR CUSTOMERS. Banks choosing not to make a statement may check the "No comment" box below and should make no entries of any kind in the space provided for the narrative statement; i.e., DO NOT enter in this space such phrases as "No statement," "Not applicable," "N/A," "No comment," and "None." The optional statement must be entered on this sheet. The statement should not exceed 100 words. Further, regardless of the number of words, the statement must not exceed 750 characters, including punctuation, indentation, and standard spacing between words and sentences. If any submission should exceed 750 characters, as defined, it will be truncated at 750 characters with no notice to the submitting bank and the truncated statement will appear as the bank's statement both on agency computerized records and in computer-file releases to the public. All information furnished by the bank in the narrative statement must be accurate and not misleading. Appropriate efforts shall be taken by the submitting bank to ensure the statement's accuracy. The statement must be signed, in the space provided below, by a senior officer of the bank who thereby attests to its accuracy. If, subsequent to the original submission, material changes are submitted for the data reported in the Reports of Condition and Income, the existing narrative statement will be deleted from the files, and from disclosure; the bank, at its option, may replace it with a statement, under signature, appropriate to the amended data. The optional narrative statement will appear in agency records and in release to the public exactly as submitted (or amended as described in the preceding paragraph) by the management of the bank (except for the truncation of statements exceeding the 750-character limit described above). THE STATEMENT WILL NOT BE EDITED OR SCREENED IN ANY WAY BY THE SUPERVISORY AGENCIES FOR ACCURACY OR RELEVANCE. DISCLOSURE OF THE STATEMENT SHALL NOT SIGNIFY THAT ANY FEDERAL SUPERVSIORY AGENCY HAS VERIFIED OR CONFIRMED THE ACCURACY OF THE INFORMATION CONTAINED THEREIN. A STATEMENT TO THIS EFFECT WILL APPEAR ON ANY PUBLIC RELEASE OF THE OPTIONAL STATEMENT SUBMITTED BY THE MANAGEMENT OF THE REPORTING BANK. - -------------------------------------------------------------------------------- No comment |_| (RCON 6979) C471 C472 <-- - -------------------------------------------------------------------------------- BANK MANAGEMENT STATEMENT (please type or print clearly): (TEXT 6980) ------------------------------------------- ----------------- Signature of Executive Officer of Bank Date of Signature 35 Legal Title of Bank: UNION BANK OF CALIFORNIA, NATIONAL ASSOCIATION Call Date: 03/31/98 ST-BK: 06-1410 FFIEC 031 Address: 400 CALIFORNIA STREET City, State Zip: SAN FRANCISCO, CA 94104 FDIC Certificate No.: 2 2 8 2 6
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 SPECIAL REPORT (Dollar Amounts in Thousands) ----------------------------------------------------- CLOSE OF BUSINESS FDIC Certificate Number DATE C-700 <-- 03/31/98 | 2| 2| 8| 2| 6| - ---------------------------------------------------------------------------------------------------------------------------- LOANS TO EXECUTIVE OFFICERS (Complete as of each Call Report Date) - ---------------------------------------------------------------------------------------------------------------------------- The following information is required by Public Laws 90-44 and 102-242, 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 their 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 0) 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. - ---------------------------------------------------------------------------------------------------------------------------- ------------------------------- a. Number of loans made to executive officers since the previous Call Report date..... RCFD 3561 0 a. ------------------------------- b. Total dollar amount of above loans (in thousands of dollars)....................... RCFD 3562 0 b. ------------------------------- c. Range of interest charged on above loans ---------------------------------------------------- (example: 93/4% = 9.75)......................................... RCFD 7701 0.00 % to RCFD 7702 0.00 % c. ---------------------------------------------------- - ------------------------------------------------------------------------------------------------------------------------- SIGNATURE AND TITLE OF OFFICER AUTHORIZED TO SIGN REPORT DATE (Month, Day, Year) /s/ David A. Anderson David A. Anderson, SVP/Controller 5/11/98 - --------------------------------------------------------------------------------------------------------------------------
FDIC 8040/53 (3-98) -----END PRIVACY-ENHANCED MESSAGE-----