New Jersey Administrative Code
Title 3 - BANKING
Chapter 4 - DEPOSITORY INSTITUTIONS
Subchapter 3 - REPORTING REQUIREMENTS
Section 3:4-3.3 - Call reports and official email address
Current through Register Vol. 56, No. 18, September 16, 2024
(a) Pursuant to N.J.S.A. 17:9A-256, every bank and out-of-State bank with a branch office in this State shall file a semi-annual report with the Department that sets forth the bank's assets and liabilities as of June 30 and December 31 of each year, on a form to be provided by the Commissioner. The reports shall be in the general form of report adopted by the Federal Financial Institutions Examination Council for purposes of filing by banks with the Federal Deposit Insurance Corporation pursuant to 12 CFR Part 324 or with the Board of Governors of the Federal Reserve System pursuant to 12 U.S.C. § 324. Such reports shall be filed with the Department within 30 days after the end of the relevant six-month period. Upon request, the Commissioner may extend the due date for not more than 10 days.
(b) The requirements at (a) above shall not apply to a bank or out-of-State bank that files reports of financial condition with the Federal Deposit Insurance Corporation pursuant to 12 CFR Part 324 or with the Board of Governors of the Federal Reserve System pursuant to 12 U.S.C. § 324.
(c) In addition to the reports required to be filed pursuant to (a) above, the Commissioner may require such additional reports from a particular bank, as the Commissioner deems necessary, to obtain a full and complete knowledge of such bank's condition. Reports filed pursuant to this subsection shall be considered confidential and shall not be subject to public inspection or copying pursuant to the Open Public Records Act, N.J.S.A. 47:1A-1 et seq.
(d) Notwithstanding the provisions at (b) above, each bank shall provide the Department, in writing, on letterhead signed by an officer, with its official email address. Within 10 days following any change in the official email address previously provided to the Department, the bank shall notify the Department of the change in the same manner and include the full name of the entity, its old email address, its new email address, and the effective date of the change. The notice shall be sent to: New Jersey Department of Banking and Insurance, Division of Banking, Attention: Depositories, 20 West State Street, PO Box 040, Trenton, New Jersey 08625-0040.
