New Jersey Administrative Code › Title 3 - BANKING › Chapter 13 - BANK HOLDING COMPANIES › Subchapter 2 - BANK HOLDING COMPANY REPORTING › Section 3:13-2.3 - Reporting for bank holding companies

Current through Register Vol. 56, No. 14, July 15, 2024
(a) Subject to (c)
				below, each bank holding company or person that controls a New Jersey bank or a
				New Jersey bank holding company which is required to furnish the Federal
				Reserve System with a report of financial data and other information shall
				concurrently file a copy with the Commissioner. The form of such report shall
				be the current form required to be filed under regulations of the Board of
				Governors of the Federal Reserve System.
(b) Subject to (c) below, if a bank holding
				company or person that controls a New Jersey bank or a New Jersey bank holding
				company is not required to make any filing with the Federal Reserve System but
				is required to file a form 10K or its equivalent with the Securities and
				Exchange Commission, the bank holding company or person shall concurrently file
				a copy of this report with the Commissioner.
(c) The requirement to concurrently file with
				the Department copies of the forms filed with the Federal Reserve System or
				Securities and Exchange Commission as referenced in (a) and (b) above shall be
				deemed satisfied if the form is filed with the appropriate Federal agency and
				is publically available.
(d) Each
				bank holding company or person that controls a New Jersey bank or a New Jersey
				bank holding company which is required to file with the Federal Reserve System
				form FR Y-6 entitled "Annual Report for Bank Holding Companies" shall
				concurrently file a copy of this report with the Commissioner. The copy of FR
				Y-6 filed with the Commissioner shall include the required copy of the bank
				holding company's annual report to shareholders or the required copy of form
				10K to the Securities and Exchange Commission.
(e) Each bank holding company or person that
				controls a New Jersey bank or a New Jersey bank holding company which is
				required to file with the Federal Reserve System form FR Y-6A entitled "Bank
				Holding Company Report Changes in Investments or Activities" shall concurrently
				file a copy of this report with the Commissioner.
(f) Each bank holding company or person that
				controls a New Jersey bank or a New Jersey bank holding company which is
				required to file with the Federal Reserve System form FR Y-111 entitled "Annual
				Report of Selected Financial Data for Non-Bank Subsidiaries of Bank Holding
				Companies" shall concurrently file a copy of this report with the
				Commissioner.
(g) Each bank holding
				company or person that controls a New Jersey bank or a New Jersey bank holding
				company which is required to file with the Federal Reserve System form FR Y-11Q
				entitled "Combined Federal Statement of Non-Bank Subsidiaries of Bank Holding
				Companies" shall concurrently file a copy of its June 30 and December 31 report
				with the Commissioner.
(h) Each
				bank holding company or person that controls a New Jersey bank or a New Jersey
				bank holding company which is required to file with the Federal Reserve System
				form FR Y-11AS entitled "Annual Supplement to the Combined Financial Statements
				of Non-Bank Subsidiaries of Bank Holding Companies" shall concurrently file a
				copy of this report with the Commissioner.
(i) Each bank holding company or person that
				controls a New Jersey bank or a New Jersey bank holding company which is not
				required to file with the Federal Reserve System shall:
1. If the bank holding company or person that
				controls a New Jersey bank or a New Jersey bank holding company is required to
				file a form 10K with the Securities and Exchange Commission, the bank holding
				company shall concurrently file a copy of this report with the Commissioner;
				or
2. f a bank holding company or
				person that controls a New Jersey bank or a New Jersey bank holding company is
				not required to make a filing with the Federal Reserve System or to file a form
				10K or its equivalent with the Securities and Exchange Commission, the bank
				holding company or person shall annually, on or before April 30 of each year,
				file with the Commissioner the following information:
1. Name and address of the company;
2. Names and addresses of principal
				officers;
3. Names and addresses of
				controlling shareholders of the company;
4. A summary of material business activities
				and affiliations during the past five years;
5. A description of pending legal or
				administrative proceedings in which the company is a party; and
6. A balance sheet of the company, which may
				be the "Statement of Condition" from its Call report as defined in
3:5-2.1
, for each of the
				five preceding fiscal years, together with related statements of income and
				sources and applications of funds for each of those fiscal
				years.