Report of Progress of Liquidation

Status: Original and derived artifacts are available for this document.

Download: docx | pdf | html

Voluntary Liquidation

Applicant

_____________________________________________________________________
Name								Charter no.
_____________________________________________________________________
Current street address
_____________________________________________________________________
City				County		State		Zip code


Parent Company Identifying Information (if applicable)

_____________________________________________________________________
Name
_____________________________________________________________________
Street
_____________________________________________________________________
City						State		Zip code


Contact Person 

_____________________________________________________________________
Name						Title
_____________________________________________________________________
Employer
_____________________________________________________________________
Street
_____________________________________________________________________
City						State		Zip code
_____________________________________________________________________
Telephone no. 					Fax no.	E-mail address

Annual Report of Progress of Liquidation

Report of Progress of Liquidation Filed Pursuant to 12 CFR 5.48(e)(5)

All creditor claims, including any additional claims asserted during the period of advertisement for claims, (have, have not) been fully paid or assumed by an operating bank.
    • Yes
    • No


Amount of agent/committee members’ fee:					$

Since the (original/last reported) appointment of the liquidating agent/committee, the shareholders have made the following changes:

Name and address of appointed agent	Appointed to succeed		Date




Aggregate book value of assets originally received by agent/committee: 	$
Cash originally received by agent/committee:				$
TOTAL:									$


Present book value of remaining unliquidated assets:			$
Cash on hand:									$
TOTAL:									$




The following distribution to shareholders, if any, has been declared:

Date declared:
Distribution amount:
Percent of distribution:


If the bank had a trust department, show the disposition since liquidation.

Number of fiduciary accounts as of the liquidation start date:

Number of fiduciary accounts closed, transferred, or otherwise disposed of since the liquidation start date:

(Briefly summarize the progress of the liquidation during the past reporting year. Discuss the status of any pending litigation or court ordered liabilities and state the anticipated liquidation completion date. Explain what plans are in progress to complete the liquidation and state whether further distributions will be made to shareholders.)


This report of progress of liquidation and any attachments (schedules) are as of (date) and certified to be correct to the best of my knowledge and belief.


___________________________________________________________________
(Liquidating agent) (Correspondent for committee)

____________________________________________________________________
(Committee member)

____________________________________________________________________
(Committee member)

____________________________________________________________________
(Committee member)

_________________________________
Date signed

(If there is a liquidating committee, every member should sign.)


Enclosure:
    • Most recent month end report of assets and liabilities