N.Y. Financial Services Law § 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.