Federal Deposit Insurance Corporation
550 17th Street NW, Washington, DC 20429 Division of Supervision
Reporting Requirements
FIL-132-98
December 7, 1998
TO: CHIEF EXECUTIVE OFFICER
SUBJECT: Required Reports of Indebtedness by Executive Officers and Principal
Shareholders
The attached form FFIEC 004 may be used for complying with the reporting requirements of
Title VIII of the Financial Institutions Regulatory and Interest Rate Control Act of 1978 for
calendar year 1998. The Act requires each bank's executive officers and principal shareholders
to submit an annual report to their board of Directors on their indebtedness, and that of their
related interests, to correspondent banks.
The use of form FFIEC 004 is optional in meeting Title VIII reporting requirements. The
information requested on this form may be submitted to an insured institution's board
of Directors on any form containing identical information, including the earlier version of form
FFIEC 004. Form FFIEC 004 is designed to assist a bank's executive officers and principal
shareholders in meeting this reporting requirement.
In addition, Part 349 of the FDIC's rules and regulations requires a bank to disclose to the
public, upon request, the names of its executive officers and principal shareholders who have
indebtedness to their own bank, or to correspondent banks, that exceeds a specified amount.
Form FFIEC 004 contains the information to be used to make these disclosures on
indebtedness to correspondent banks.
Detailed instructions for preparing form FFIEC 004 are included on the back of the form. The
reports should be retained by your bank and not forwarded to the FDIC. Any questions should
be directed to your FDIC Division of Supervision regional office.
Nicholas J. Ketcha Jr.
Director
Attachment: Form FFIEC 004 (not available in electronic format)
Distribution: FDIC-Supervised Banks (Commercial and Savings)
NOTE: Paper copies of FDIC financial institution letters may be obtained through the FDIC's
Public Information Center, 801 17th Street, NW, Room 100, Washington, DC 20434 (800-276-
6003 or (703) 562-2200).Inactive
550 17th Street NW, Washington, DC 20429 Division of Supervision
Reporting Requirements
FIL-132-98
December 7, 1998
TO: CHIEF EXECUTIVE OFFICER
SUBJECT: Required Reports of Indebtedness by Executive Officers and Principal
Shareholders
The attached form FFIEC 004 may be used for complying with the reporting requirements of
Title VIII of the Financial Institutions Regulatory and Interest Rate Control Act of 1978 for
calendar year 1998. The Act requires each bank's executive officers and principal shareholders
to submit an annual report to their board of Directors on their indebtedness, and that of their
related interests, to correspondent banks.
The use of form FFIEC 004 is optional in meeting Title VIII reporting requirements. The
information requested on this form may be submitted to an insured institution's board
of Directors on any form containing identical information, including the earlier version of form
FFIEC 004. Form FFIEC 004 is designed to assist a bank's executive officers and principal
shareholders in meeting this reporting requirement.
In addition, Part 349 of the FDIC's rules and regulations requires a bank to disclose to the
public, upon request, the names of its executive officers and principal shareholders who have
indebtedness to their own bank, or to correspondent banks, that exceeds a specified amount.
Form FFIEC 004 contains the information to be used to make these disclosures on
indebtedness to correspondent banks.
Detailed instructions for preparing form FFIEC 004 are included on the back of the form. The
reports should be retained by your bank and not forwarded to the FDIC. Any questions should
be directed to your FDIC Division of Supervision regional office.
Nicholas J. Ketcha Jr.
Director
Attachment: Form FFIEC 004 (not available in electronic format)
Distribution: FDIC-Supervised Banks (Commercial and Savings)
NOTE: Paper copies of FDIC financial institution letters may be obtained through the FDIC's
Public Information Center, 801 17th Street, NW, Room 100, Washington, DC 20434 (800-276-
6003 or (703) 562-2200).Inactive