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DBO - Call Report - Second Quarter 2017 - Agencies and Branches of Foreign Banking Organizations

 

June 30, 2017

Second Call 2017

TO THE MANAGERS OF ALL CALIFORNIA AGENCIES/BRANCHES OF FOREIGN BANKS:
Dear Sir or Madam:

General Instructions

Both the FFIEC 002 forms and the Report of Income must be emailed to callreport@dbo.ca.gov by Monday, July 31, 2017. Banks making revisions to the FFIEC call report should email a scanned copy of the revisions to callreport@dbo.ca.gov, and keep a copy in the call report file at the bank. Foreign banks having more than one office should submit a revised report both for the affected office and on a consolidated basis.

Questions regarding the completion of the required reports should be directed to our San Francisco office at (415) 263-8559 or by e-mail at patrick.carroll@dbo.ca.gov. 

It is no longer necessary to submit hard copies of the Report of Assets and Liabilities of U.S. Branches, FFIEC Form 002. Please submit one copy of the form electronically in PDF format only. Banks having multiple agency or branch offices in California should submit a report in PDF format consolidating their California operations and a reports for each individual office. For example, a foreign bank having offices in San Francisco and Los Angeles would submit a total of three PDFs. If you cannot submit the report in PDF you may continue to send hard copies to the Department of Business Oversight, 45 Fremont Street #1700, San Francisco, CA  94105-2219.

Some of the web links to download and save the forms and instructions have changed. If you have saved those links to “favorites” on your Internet browser, you may need to update them.

Downloading and Completing the Report of Income

  • Open your web browser to: http://www.dbo.ca.gov/forms/foreign_banks/default.asp. Or, to navigate to the form from the DBO home page, www.dbo.ca.gov, click on the "Resources & Online Tools" tab, then click "Division of Financial Institution Forms and Applications", then click "Foreign (Other Nation) Bank Forms".
  • Scroll down the page and locate the link to the following form in Excel format. For your convenience, the link is www.dbo.ca.gov/forms/foreign_banks/Form523.xls.
  • Click on the link to the form. If the file/download box appears on your screen, click the open button to open the form.
  • Enter the "Department of Business Oversight number" in the appropriate place on the report. For your convenience, a list of Department of Business Oversight numbers can be found at:  http://www.dbo.ca.gov/Licensees/foreign_banks/foreign_bank_directory.asp.
  • Complete filling in the form. Email the completed form as an attachment to callreport@dbo.ca.gov . Please put the name of your institution and the call report date in the subject line of your message. It is not necessary to submit hard copies of the forms.

The link to the instructions for the preparation of the form in PDF format is www.dbo.ca.gov/forms/foreign_banks/Form523Instructions.pdf.

Signature Requirements

Although agencies and branches of foreign banks may now send in their Reports of Income as email attachments instead of as hard copies, a signed, executed hard copy of each call report form must be kept on file at the bank. This file must be available upon request to examiners during the course of an examination.

Call Report Amendments

Foreign banks making revisions to the Report of Income or FFIEC call report should email a copy of the revisions to callreport@dbo.ca.gov and keep a copy in the call report file at the bank. Foreign banks having more than one office should submit revised reports both for the affected office and on a consolidated basis.

Certification Form

A signed, executed Certification form in to be kept in the call report file at the branch or agency office together with a copy of the FFIEC Call Report. You can download the form in Adobe PDF format at http://www.dbo.ca.gov/forms/foreign_banks/Form523C.pdf. Or, to navigate to the form from the DFI Home page, www.dbo.ca.gov, click on the "Resources" tab, then click "DBO Forms", then click "Foreign (Other Nation) Bank Forms." Scroll down the page and locate the link to the form Call Report Certification Page for Foreign Banks. To view and print the form you must first have installed the Adobe Acrobat Reader. The Reader can be downloaded free from the Adobe home page at www.adobe.com. If you need assistance, contact  Patrick Carroll at (415) 263-8559 or by email at patrick.carroll@dbo.ca.gov. Do not mail the Certification Form to this office.

We appreciate your cooperation in furnishing accurate information in a timely manner.

Very truly yours,

JAN LYNN OWEN

Commissioner of Business Oversight
By
/s/
PATRICK C. CARROLL
Strategic Support Manager
PCC