Form DBO-524 "Trust Company Consolidated Report of Income" - California

What Is Form DBO-524?

This is a legal form that was released by the California Department of Financial Protection and Innovation - a government authority operating within California. Check the official instructions before completing and submitting the form.

Form Details:

  • Released on April 1, 2020;
  • The latest edition provided by the California Department of Financial Protection and Innovation;
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  • Fill out the form in our online filing application.

Download a fillable version of Form DBO-524 by clicking the link below or browse more documents and templates provided by the California Department of Financial Protection and Innovation.

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Download Form DBO-524 "Trust Company Consolidated Report of Income" - California

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STATE OF CALIFORNIA – DEPARTMENT OF BUSINESS OVERSIGHT
DBO-524 (Rev. 6-20)
TRUST COMPANY CONSOLIDATED REPORT OF INCOME
SAVE
RESET
Legal Title of Trust Company
[Select an Institution]
Main Contact (Name, Title)
Email address
Licensee Number
0
Reporting Period (mm/dd/yyyy)
City
Phone Number
Ext.
SECTION A - SOURCE AND DISPOSITION OF INCOME (Losses in parentheses)
A. Year-to-date
1. Operating income:
Dollars in Thousands
a. Income from fiduciary activities
A1a
0
b. Interest on Federal funds sold
A1b
0
c. Interest on U.S. Treasury securities
A1c
0
d. Interest on obligations of other U.S. government agencies and corporations
A1d
0
e. Interest on obligations of states and political subdivisions of the U.S.
A1e
0
f. Interest on other securities
A1f
0
g. Interest and fees on loans
A1g
0
h. Other income (from
Section D, item
3)
A1h
0
i. TOTAL OPERATING INCOME (Sum of items A1a through A1h)
A1i
0
2. Operating Expenses
a. Salaries and employee benefits
A2a
0
b. Interest on borrowed money
A2b
0
c. Interest on capital notes
A2c
0
d.
1. Occupancy expense of premises, gross
A2d1
0
2. Less rental income
A2d2
0
3. Occupancy expense of premises, net
A2d3
0
e. Furniture and equipment expense
A2e
0
f. Provision for possible loan losses
A2f
0
g. Other operating expenses (from
Section E, item
3)
A2g
0
h. TOTAL OPERATING EXPENSES (sum of items A2a thru A2g)
A2h
0
3. Income before income taxes and securities gains or losses (item A1i minus A2h)
A3
0
4. Applicable income taxes
A4
0
5. Income before securities gains or losses (item A3 minus item A4)
A5
0
6.
a. Securities gains (losses), gross
A6a
0
b. Applicable income taxes
A6b
0
c. Securities gains (losses), net
A6c
0
7. Net income before extraordinary items (item A5 plus A6c)
A7
0
8. Extraordinary items, Net of tax effect (from
Section F, item
2c)
A8
0
9. NET INCOME - Year-to-Date
A9
0
The undersigned,
Name
Title
Name
Title
of the above named trust company, each declares, for himself/herself alone and not for the other:
I have personal knowledge of the matters contained in this report and I believe that each statement in said report is true
Each of the undersigned, for himself/herself alone and not for the other, certified under penalty of perjury that the foregoing is true
and correct.
Executed on:
at:
, California
Signature:
Signature:
STATE OF CALIFORNIA – DEPARTMENT OF BUSINESS OVERSIGHT
DBO-524 (Rev. 6-20)
TRUST COMPANY CONSOLIDATED REPORT OF INCOME
SAVE
RESET
Legal Title of Trust Company
[Select an Institution]
Main Contact (Name, Title)
Email address
Licensee Number
0
Reporting Period (mm/dd/yyyy)
City
Phone Number
Ext.
SECTION A - SOURCE AND DISPOSITION OF INCOME (Losses in parentheses)
A. Year-to-date
1. Operating income:
Dollars in Thousands
a. Income from fiduciary activities
A1a
0
b. Interest on Federal funds sold
A1b
0
c. Interest on U.S. Treasury securities
A1c
0
d. Interest on obligations of other U.S. government agencies and corporations
A1d
0
e. Interest on obligations of states and political subdivisions of the U.S.
A1e
0
f. Interest on other securities
A1f
0
g. Interest and fees on loans
A1g
0
h. Other income (from
Section D, item
3)
A1h
0
i. TOTAL OPERATING INCOME (Sum of items A1a through A1h)
A1i
0
2. Operating Expenses
a. Salaries and employee benefits
A2a
0
b. Interest on borrowed money
A2b
0
c. Interest on capital notes
A2c
0
d.
1. Occupancy expense of premises, gross
A2d1
0
2. Less rental income
A2d2
0
3. Occupancy expense of premises, net
A2d3
0
e. Furniture and equipment expense
A2e
0
f. Provision for possible loan losses
A2f
0
g. Other operating expenses (from
Section E, item
3)
A2g
0
h. TOTAL OPERATING EXPENSES (sum of items A2a thru A2g)
A2h
0
3. Income before income taxes and securities gains or losses (item A1i minus A2h)
A3
0
4. Applicable income taxes
A4
0
5. Income before securities gains or losses (item A3 minus item A4)
A5
0
6.
a. Securities gains (losses), gross
A6a
0
b. Applicable income taxes
A6b
0
c. Securities gains (losses), net
A6c
0
7. Net income before extraordinary items (item A5 plus A6c)
A7
0
8. Extraordinary items, Net of tax effect (from
Section F, item
2c)
A8
0
9. NET INCOME - Year-to-Date
A9
0
The undersigned,
Name
Title
Name
Title
of the above named trust company, each declares, for himself/herself alone and not for the other:
I have personal knowledge of the matters contained in this report and I believe that each statement in said report is true
Each of the undersigned, for himself/herself alone and not for the other, certified under penalty of perjury that the foregoing is true
and correct.
Executed on:
at:
, California
Signature:
Signature:
STATE OF CALIFORNIA – DEPARTMENT OF BUSINESS OVERSIGHT
DBO-524 (Rev. 4-20)
Page 2 of 2
TRUST COMPANY CONSOLIDATED REPORT OF INCOME
SECTION B--CHANGES IN EQUITY CAPITAL (Year-To-Date)
1. Balance end of previous year
B1
0
2. Adjustments (itemize below)
B2
0
3. Adjusted balance end of previous year
B3
0
4. Net income (loss)
B4
0
5. Sale, conversion, acquisition, or retirement of capital, net
B5
0
a. Transactions with own holding company or affiliates
B5a
0
6. Changes incident to mergers and absorptions, net
B6
0
7. LESS: Cash dividends declared on common stock
B7
0
8. LESS: Cash dividends declared on preferred stock
B8
0
9. Stock dividends issued
B9
0
10. Other increases (decreases) (itemize below)
B10
0
11. Balance end of current period
B11
0
Memoranda
1. Itemize adjustments shown in item 2:
Amount ($000)
M.B1a
M.B1b
M.B1c
2. Itemize other increases or decreases shown in item 10:
M.B2a
M.B2b
M.B2c
SECTION C--RESERVE FOR POSSIBLE LOAN LOSSES (Year-To-Date)
1. Balance end of previous year
C1
0
2. Recoveries credited to reserve
C2
0
3. Changes incident to mergers, net
C3
0
4. Provision for possible loan losses (must be equal to
Section A, item
2f)
C4
0
5. LESS: Losses charged to reserve
C5
0
6. Balance end of current period
C6
0
SECTION D--OTHER OPERATING INCOME
1. Equity in net income of unconsolidated subsidiaries and associated companies
D1
0
2. All other, excluding rental income (itemize amount over 25% of item D3 below)
D2
0
3. Total (must equal
Section A, item
1h)
D3
0
Amount ($000)
Percent of item D3
Itemize amounts in item D2 that are over 25% of item D3:
D2a
0
0.0%
D2b
0
0.0%
D2c
0
0.0%
SECTION E--OTHER OPERATING EXPENSES
1. Minority interest in consolidated subsidiaries
E1
0
2. All other (itemize amount over 25% of item E3 below)
E2
0
3. Total (must equal
Section A, item
2g)
E3
0
Amount ($000)
Percent of item E3
Itemize amounts in item E2 that are over 25% of item E3:
E2a
0
0.0%
E2b
0
0.0%
E2c
0
0.0%
SECTION F--MEMORANDA
1. Provision for income taxes (year-to-date)
a. Provision for U.S. Federal income taxes
F1a
0
b. Provision for U.S., state and local income taxes
F1b
0
c. Provision for foreign income taxes
F1c
0
d. Total (must equal the sum of Section A, items 4 and 6b)
F1d
0
2. Extraordinary items (itemize below)
Amount ($000)
F2a1
0
F2a2
0
F2a3
0
a. Extraordinary items, gross (sum of itemization above):
F2a
0
b. Less: Applicable income taxes (included in Section A, item 4)
F2b
0
c. Extraordinary items, net (must equal
Section A, item
8)
F2c
0
3. Number of employees on payroll at end of period
F3
0
4. Number of subsidiaries consolidated
F4
0
5. Common Stock--number of shares outstanding
F5
0
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