June 30, 1996
(Summary of Deposits Survey Date)
CHIEF EXECUTIVE OFFICER
Summary of Deposits Survey for June 30,
The enclosed Summary of Deposits (SOD) survey forms are
to be completed as of June 30, 1996. The classification of
the types of deposits in the SOD survey are identical to those
used for completing the Commercial and Savings Bank Report
of Condition, the Thrift Financial Report Consolidated Statement
of Condition, and the International Banking Authority Report
of Assets and Liabilities. Therefore, the aggregate total
of all domestic office data reported in the SOD survey must
agree with corresponding domestic office deposit data reported
in the applicable deposit liability schedule for June 30.
In addition, all banks located in the U.S. with offices
in Puerto Rico and U.S. territories and possessions must report
deposits for these offices.
Instructions for completing the SOD survey are enclosed with
the set of forms. Please read the instructions carefully.
The survey form has been revised in order to capture new information
not previously requested, such as "change code," which indicates
a change in the status of a branch, and "service type," which
defines branch criteria. In addition, banks are now required
to report only total deposits for each office.
Multiple office information may be included on one form.
Banks must complete one line item for each banking
office or facility in operation as of June 30, 1996, and
provide a total for the entire bank.
Banks may not combine deposit data for two or more
offices, except drive-in offices, seasonal branches
and offices on military facilities. Automated teller machines,
consumer credit offices, contractual offices, customer bank
communication terminals, electronic fund transfer units, and
loan production offices are not facilities or offices for
the purpose of the SOD survey. Please indicate such locations
if they appear on your SOD set of forms and do not report
deposits for these locations. Also indicate the effective
date of the change from a full-service office. Combining deposits
of offices in different counties is not permitted.
Banks must identify a consolidated, estimated, or nondeposit
office (CEN) by placing the appropriate code in the CEN
code column. If exact figures for an office are not available,
please estimate the figures and identify those offices with
a CEN code of 1. If the deposits of an office are combined
with another office, identify the combined office with the
office number of the branch containing the combined deposits
and a CEN code of 2. Identify nondeposit or
administrative offices, where deposits are not received, by
entering zeros or "none" and a CEN code of 3.
Banks are reminded that FDIC-assigned office numbers should
not be changed to reflect the bank's internal office numbering
scheme. An additional schedule ("Changes to Branch Structure
Data") has been added to reflect new or acquired
branches since the prior reporting period. In addition,
the main office line item should not be used as a total
line. Aggregate bank totals by SOD column for all offices
should be included on the last pre-printed office page of
the set of forms.
Banks with 25 or more branches have the option of
submitting SOD data in automated form or magnetic tape. Please
submit with the magnetic tape the name and phone number of
a contact person, and a completed set of forms or a computer
listing of the data. For further information on magnetic tape
requirements, please contact G. Carl Dudley at (703) 516-1389.
Please return the originals of all SOD survey forms by
July 31, 1996, in the pre-addressed return envelope. The
return address for the forms is:
Summary of Deposits
Federal Deposit Insurance Corporation
P.O. Box 3724
Crofton, MD 21114
All data collected from the SOD survey are available to the
public. Banks may receive published deposit information from
the FDIC in booklet form, on computer printouts, or on magnetic
tape. If you have any questions about the SOD survey, please
contact Shirley Peterson toll-free at 1-800-765-4081, extension
86571. Thank you for your cooperation in making the SOD survey
as accurate and complete as possible.
Nicholas J. Ketcha Jr.
The attachment to this Financial Institution Letter is not
currently available in electronic format. Until it is in a
form that will allow us to post it to the internet, you may
obtain hard copy or fax from:
Public Information Center
801 17th St. NW
Washington, DC 20434
ph: (703) 562-2200
Distribution: Insured Banks (Commercial and Savings)
that Operate Branches or Facilities; Insured U.S. Branches
of Foreign Banks