2023 New York Laws › FIS - Financial Services Law › Article 2 - Organization of the Department of Financial Services › 207 - Annual Report of the Superintendent.

§  207.  Annual  report  of the superintendent. (a) The superintendent
shall submit a report annually to the governor and to the legislature on
or before the fifteenth day  of  June.  The  report  shall  contain  the
following items, with respect to the preceding calendar year:
(1)  a general review of the insurance business, banking business, and
financial  product  or  service  business  utilizing  the  most  current
information available;
(2)  a consolidated statement of condition showing the combined assets
and liabilities of all banking  organizations  comprising  each  of  the
following  classes:  (A)  banks  and  trust  companies;  and (B) private
bankers. Each such consolidated statement shall combine the  information
contained in the last periodical reports of condition received from such
banking organizations as of a date during the year for which such report
of the superintendent is rendered;
(3)  a consolidated statement of condition showing the combined assets
and liabilities of all banking  organizations  comprising  each  of  the
following  classes:  (A)  savings banks; (B) safe deposit companies; (C)
savings and loan associations; (D) credit  unions;  and  (E)  investment
companies.   Each   such   consolidated   statement  shall  combine  the
information contained in the last periodical reports of  condition  made
to  the superintendent as of a date during the year for which the report
of the superintendent is rendered, except that  with  respect  to  those
classes  making reports to the superintendent as of the first day of the
following  year,  such  consolidated  statements   shall   combine   the
information contained in such reports;
(4)  a consolidated statement of condition showing the combined assets
and  liabilities  of  all  licensed  lenders.  Each  such   consolidated
statement  shall  combine the information contained in the reports to be
made on or before the first day of April of the year following the  year
for which the report of the superintendent is rendered;
(5)  a statement of condition of each banking organization required by
the  banking  law  to  make  periodical  reports  of  condition  to  the
superintendent.  Such  statement shall include the information contained
in the last periodical report of condition made to the superintendent as
of a date during the year for which such report of the superintendent is
rendered, except that  in  the  case  of  banking  organizations  making
reports to the superintendent as of the first day of the following year,
each  such  statement  shall  include  the information contained in such
reports. Notwithstanding any other provision of this subsection, in lieu
of  making  a  statement  of  the  condition  of  each  covered  banking
organization,  the superintendent may make such information available by
any other means that provides for direct public access  or  availability
to such required reports of condition;
(6)   a  statement  of  all  banking  organizations,  foreign  banking
corporations  and  licensed  lenders  authorized  or  licensed  by   the
superintendent  to  do  business during the year for which the report is
rendered, with their names and locations and the dates  on  which  their
certificates  were  approved  by  the  superintendent,  and  such  other
information as the superintendent deems appropriate;
(7)  a  statement  of  the  banking  organizations,  foreign   banking
corporations  whose  business  has  been  closed  either  voluntarily or
involuntarily during the year for which the report is rendered, with the
amount of their resources and of their deposits and other liabilities as
last reported by them;
(8) a statement of any unclaimed amounts held  by  the  superintendent
pursuant  to  the  requirements  of  the  banking law as trustee for the
creditors, depositors, stockholders  or  shareholders  of  each  banking
organization  the  business and affairs of which shall have been finally

liquidated; the amount of interest received during the preceding  fiscal
year upon all such unclaimed amounts held by the superintendent; and the
amount  of  abandoned funds paid over by the superintendent to the state
comptroller pursuant to the requirements of the banking law;
(9)  a  table  showing  the  number  and  kinds of authorized insurers
according to classes of business, and their total  assets,  liabilities,
premiums  written,  and  insurance  in  force,  as  shown  by the annual
statements filed with the superintendent by such insurers;
(10) lists of: (A) insurers organized, admitted, merged, withdrawn, or
placed in liquidation, conservation,  or  rehabilitation,  (B)  domestic
insurers that have amended their charters or have increased or decreased
their  capital  stock,  together with a statement of the extent thereof;
and (C) domestic insurers that have changed their corporate names;
(11) a list of department reports filed on examination  of  authorized
insurers;
(12)    a   statement   of   the   expenses   of   administering   the
property/casualty insurance security fund and the public  motor  vehicle
liability security fund pursuant to article seventy-six of the insurance
law;
(13)   tables   relative   to  insurer  liquidation,  conservation  or
rehabilitation proceedings by the department for prior years,  including
the preceding calendar year;
(14)  any  amendments  to the banking law, the insurance law, and this
chapter, and  any  amendments  to  regulations  promulgated  thereunder,
during  the  year  for  which  such  report  is  rendered;  a summary of
insurance circular letters and banking interpretations issued during the
year for which such report is rendered; and such other matters  relating
to  the  banking  organizations,  corporations,  partnerships, insurers,
insurance producers, or other entities or persons  licensed,  authorized
to  do  business,  certified,  or  registered under the banking law, the
insurance  law,  or   this   chapter,   including   public   statements,
recommendations  and  decisions  of the superintendent, occurring during
the year for which such report is rendered, which, in  the  judgment  of
the superintendent, may be of historical or regulatory significance;
(15)   legislative   recommendations  that  the  superintendent  deems
necessary or desirable; and
(16) a summary of the department's receipts and  expenses  during  the
preceding fiscal year, including any expenses of liquidation paid out of
amounts appropriated by the legislature, the amounts appropriated by the
legislature for the expenses of the department during such year, and the
amount,  if any, for which the treasury of the state shall not have been
reimbursed at the date of such report.
(b) The superintendent may, in addition  to  the  above  requirements,
include  in  such  report any other matter or data concerning insurance,
banking, financial products or services or the  superintendent's  duties
under  the insurance law, the banking law, or this chapter, which in the
superintendent's judgment, is of general interest or import.