AGENCY: Department of Financial Institutions

SERIES: 81344
TITLE: Depository institution statistical financial reports
DATES: 1981-
ARRANGEMENT: Alphabetical by institution

DESCRIPTION: These financial reports are requested by the commissioner twice a year for all depository institutions in the State of Utah. These reports differ from the Call Reports in that they are not shared routinely outside the department with other agencies. Secondly, these reports are not subject to public disclosure as Call Reports are. The examiners compare the reports to the regulatory requirements established by the department to determine the health of each depository institution. This record series includes earnings and dividends reports, financial reports, balance sheets, data about classified loans, and profit and loss statements.

RETENTION

Permanent. Retain for 4 year(s)

DISPOSITION

Transfer to Archives.

RETENTION AND DISPOSITION AUTHORIZATION

These records are in Archives' permanent custody.

APPROVED: 06/1987

FORMAT MANAGEMENT

Paper: Retain in Office for 1 year and then transfer to State Records Center. Retain in State Records Center for 2 years and then transfer all data to magnetic tape.

Computer magnetic storage media: Retain in Office for 1 year and then transfer to State Archives.

APPRAISAL

Administrative Fiscal

This retention is based in part on the Federal Reserve System's Retention Schedule dated May 1985, p. 31, number 1-4, the recommendation of the department's chief examiner, and the University of Utah's Department Head in the Finance Department, Dr. Steve Manaster. Previous decision: RDR 73-03: 5 years/confidential.

PRIMARY DESIGNATION

Protected