Exhibit 99.1
Monthly Report of Operations
Period ended May 31, 2009
Monthly Report of Operations
Period ended May 31, 2009
UNITED STATES BANKRUPTCY COURT
EASTERN DISTRICT OF CALIFORNIA
EASTERN DISTRICT OF CALIFORNIA
![(STAMP)](https://capedge.com/proxy/8-K/0000950123-09-015339/f52812f5281205.gif)
In re: | Capital Corp of the West | Case no. [ILLEGIBLE] | ||
MONTHLY REPORT OF OPERATIONS |
MONTH ENDING | 5/11-5/31 | 2009 | ||||
Debtor in possession hereby submits its Monthly Report on the Cash Basis of accounting.
CASH BASIS
Attached hereto are the following schedules:
A. | Cash Receipts and Cash Disbursements | X | ||||
B. | Summary of Receipts & Disbursements to Date | X | ||||
C. | Balance in Debtor in Possession Account | N/A | ||||
D. | Balance in Tax Account | N/A | ||||
E. | Balance in Citibank Account | N/A | ||||
F. | Post Petition Debts | N/A | ||||
G. | Accounts Receivable Balance | N/A | ||||
H. | Inventory Balance | N/A | ||||
I. | Federal and State Taxes | N/A | ||||
J. | Monthly Operating Statement Questionnaire | X | ||||
K. | Other Appropriate Schedules | X | ||||
NOTES: Schedules A, B, C, F, I & JMUSTbe filed.
Attach Schedules D, E, G, H & K if they are maintained in the ordinary course of the business.
(MOR-1:6/90)
SCHEDULE A
CASH RECEIPTS AND DISBURSEMENTS
CASH RECEIPTS AND DISBURSEMENTS
RECEIPTS
Cash sales | N/A | |||||||
Rents collected | N/A | |||||||
Accounts receivable collected | — | |||||||
Other receipts (describe): | ||||||||
a. | ||||||||
b. | ||||||||
1. TOTAL RECEIPTS | $ | — | ||||||
DISBURSEMENTS | ||||||||
Payments to vendors for merchandise | N/A | |||||||
Net payroll paid | 30,885.90 | |||||||
Payroll taxes paid/deposited to tax account: | ||||||||
Employee withholdings | N/A | |||||||
Employer portion | N/A | |||||||
Sales taxes paid/deposited to tax account | N/A | |||||||
Other disbursements (describe): | ||||||||
a. | NONE | |||||||
b. | ||||||||
c. | ||||||||
d. | ||||||||
e. | ||||||||
f. | ||||||||
g. | ||||||||
h. | ||||||||
i. | ||||||||
j. | ||||||||
k. | ||||||||
Miscellaneous (attach listing) | ||||||||
Living allowance or draw | N/A | |||||||
2. TOTAL DISBURSEMENTS | $ | 30,885.90 | ||||||
3. Receipts OVER or (UNDER) disbursements | $ | (30,885.90 | ) | |||||
(MOR-1:6/90)
SCHEDULE B
SUMMARY OF CASH TRANSACTIONS
SINCE FILING PETITION
SUMMARY OF CASH TRANSACTIONS
SINCE FILING PETITION
4. | Total receipts to date | $ | - | |||||
(Prior month Schedule B line 4 plus current month Schedule A line 1) | ||||||||
5. | Total disbursements to date | $ | - | |||||
(Prior month Schedule B line 5 plus current month Schedule A line 2) | ||||||||
6. | Net receipts over (under) disbursements | $ | - | |||||
SCHEDULE C - SEE ATTACHED SPREADSHEET
BALANCE IN DEBTOR IN POSSESSION ACCOUNT
BALANCE IN DEBTOR IN POSSESSION ACCOUNT
Balance at end of last month | $ | - | ||||||
Net transactions for this month (Line 3 - Schedule A) | - | |||||||
Balance at end of this month | $ | - | ||||||
SCHEDULE D - SEE ATTACHED SPREADSHEET
BALANCE IN TAX ACCOUNT
BALANCE IN TAX ACCOUNT
Balance at end of last month | $ | - | ||||||
Add deposits from general account | - | |||||||
Subtotal | $ | - | ||||||
Deduct payments to taxing agencies | ||||||||
Balance at end of this month | $ | - | ||||||
SCHEDULE E - SEE ATTACHED SPREADSHEET
BALANCE IN Citibank ACCOUNT
BALANCE IN Citibank ACCOUNT
Balance at end of last month | $ | - | ||||||
Add deposits from general account | ||||||||
Subtotal | $ | - | ||||||
Deduct disbursements | ||||||||
Balance at end of this month | $ | - | ||||||
(MOR-1:6/90)
SCHEDULE F
POST PETITION DEBTS
POST PETITION DEBTS
Balance at end of last month -----------Not Applicable | $ | - | ||||||
Add debts incurred this month | ||||||||
Subtotal | $ | - | ||||||
Deduct payments made this month on this balance | - | |||||||
Subtotal | $ | - | ||||||
Adjustments(Explain on separate sheet) | - | |||||||
Balance at end of this month.(Attach listing) | $ | - | ||||||
SCHEDULE G
ACCOUNTS RECEIVABLE BALANCE
ACCOUNTS RECEIVABLE BALANCE
Balance of receivables at end of last month -----------Not Applicable | $ | - | ||||||
Add new receivables for this month | - | |||||||
Subtotal | $ | - | ||||||
Deduct accounts collected(From Schedule A) | - | |||||||
Subtotal | $ | - | ||||||
Adjustments(Explain on separate sheet) | - | |||||||
Balance at end of this month(Attach listing) | $ | - | ||||||
SCHEDULE H
INVENTORY AND COST OF GOODS SOLD
INVENTORY AND COST OF GOODS SOLD
Inventory balance at end of last month -----------Not Applicable | $ | - | ||||||
Add merchandise purchase | - | |||||||
Total inventory available | - | |||||||
Adjustments (Explain on separate sheet) | - | |||||||
Less inventory balance at end of this month | - | |||||||
Total (Cost of goods sold) | $ | - | ||||||
(MOR-1:6/90)
SCHEDULE I
FEDERAL AND STATE TAXES
FEDERAL AND STATE TAXES
1. Tax balance at end of last month -----------Not Applicable | $ | - | ||||||||||||||
PAYROLL TAX LIABILITY THIS MONTH:
Period: | o | Weekly | o | Biweekly | o | Semimonthly | o | Monthly |
Fed. Employer or S.S. # EDD ID#
Withholdings: | ||||||||||||||||
Federal income tax | $ | - | ||||||||||||||
FICA withheld | ||||||||||||||||
State income tax | ||||||||||||||||
State disability | ||||||||||||||||
Employer tax liability: | ||||||||||||||||
FICA | ||||||||||||||||
Federal unemployment | ||||||||||||||||
State unemployment | ||||||||||||||||
2. Total payroll taxes due | $ | - | ||||||||||||||
SALES TAX LIABILITY THIS MONTH:
State Board of Equalization ID#
Sales tax liability | $ | - | ||||||||||
Other (excise, city, business, etc.) | ||||||||||||
3. Total sales taxes due | $ | - | ||||||||||
SUMMARY OF TAX PAYMENTS MADE THIS MONTH:
Payee | Date Paid | Bank Acct. # | Check # | Amount | |||||
$ | - | ||||||||
4. Total payments made | $ | - | |||||||
Tax balance at end of this month(add line 1+2+3 less line 4) | $ | - | |||||||
(MOR-1:6/90)
0
SCHEDULE J
MONTHLY OPERATING STATEMENT QUESTIONNAIRE
MONTHLY OPERATING STATEMENT QUESTIONNAIRE
Yes | No | N/A | ||||||
1. | Copies of checkbooks or receipts and disbursements listings attached: | |||||||
Debtor in possession account(Activated As Of June 5) | X | |||||||
Tax account | X | |||||||
Other account(Citibank Pre-DIP A/C # 203084249) | X | |||||||
2. | Listing of unpaid post-petition debts | N/A | ||||||
(include unpaid professional fees and interest owed) | ||||||||
3. | Have any payments been made to secured creditors or lessors? | X | ||||||
(If yes - attach listing of payments made) | ||||||||
4. | (a) Have any payments been made to officers, shareholders, insiders, | X | ||||||
relatives or professionals?See Attached Payroll Summaries | ||||||||
(If yes - attach listing of payments made) | ||||||||
(b) Were these payments approved by the court? | X | |||||||
5. | (a) Have any payments been made on prepetition debts? | X | ||||||
(If yes - attach listing of payments made) | ||||||||
(b) Were these payments approved by the court? | ||||||||
6. | Do you carry insurance coverage of any kind? | X | ||||||
Attach copies of declaration pages(Data Previously Provided) | ||||||||
Note: If you have previously submitted copies of declaration pages & | ||||||||
there have been no changes in coverage initial here (no copies needed) | ||||||||
7. | Have U.S. Trustee quarterly fees been paid? | X | ||||||
(If yes - attach listing of payments made) | ||||||||
(If no - attach explanation) Fees Not Yet Due |
DECLARATION OF DEBTOR
I certify under penalty of perjury that the foregoing is true and correct.
Executed on | June 12, 2009 | /s/ David A. Heaberlin | ||
�� | ||||
(Signature) Debtor in Possession |
I have reviewed the Monthly Report of Operations and, after making reasonable inquiry, believe that the information is true and correct.
/s/ David A. Heaberlin (Attorney or Accountant) |
(MOR-1:6/90)
Capital Corp of the West
09-14298-B-11F
09-14298-B-11F
Cash/Bank Account | Beginning Balance | Transfers | Ending Balance | ||||||||||||||||||||||||
Bank & Acct # | 11-May-09 | Receipts | Disbursements | in (+)/out (-) | 31-May-09 | ||||||||||||||||||||||
Citibank A/C # 203084249 | $ | 6,735,188.17 | $ | 30,885.90 | $ | 6,704,302.27 | |||||||||||||||||||||
$ | - | $ | - | ||||||||||||||||||||||||
Citibank DIP Accounts (Active as of June 4, 2009): | $ | - | $ | - | |||||||||||||||||||||||
Operating A/C # 9951707360 | $ | - | $ | - | |||||||||||||||||||||||
Federal Itax Refund A/C#9951707387 | $ | - | $ | - | |||||||||||||||||||||||
California Tax Refund A/C # 9951707416 | $ | - | $ | - | |||||||||||||||||||||||
Insurance Refund A/C # 9951 707424 | $ | - | $ | - | |||||||||||||||||||||||
$ | - | $ | - | ||||||||||||||||||||||||
Total | $ | 6,735,188.17 | $ | - | $ | 30,885.90 | $ | - | $ | 6,704,302.27 | |||||||||||||||||
Notes: | ||
1. | All cash accounts (including petty cash) should be reflected on spreadsheet | |
2. | Transfers must total zero | |
3. | Total ending cash on hand must be supported by detailed registers, bank recs, balance sheet, etc. | |
4. | Net change in cash (receipts less disbursements) must be supported by detailed registers and Schedule A. | |
5. | Schedules C, D and/or E need not be completed if this spreadsheet is used. Notation should be made on Schedules C, D and/or E to “see attached spreadsheet.” | |
6. | Beg balance must agree with the prior month’s ending balance or, for the first month only, this amount should agree with the cash on hand as of the filing date. |
Capital Corp of the West | ||||
Profit & Loss | ||||
Cash Basis | May 11 - 31, 2009 |
May 11 - 31, 09 | ||||
Income | 0.00 | |||
Expense | ||||
Compensation Costs | 30,885.90 | |||
Total Expense | 30,885.90 | |||
Net Income | -30,885.90 | |||
Page 1
Capital Corp of the West | ||||
Profit & Loss Detail | ||||
Cash Basis | May 11 - 31, 2009 |
Type | Date | Name | Memo | Split | Original A... | Paid Amount | ||||||||||
Income | ||||||||||||||||
Expense | ||||||||||||||||
Compensation Costs | ||||||||||||||||
Check | 5/15/2009 | Administaff | Week Ending May 15 | Citibank | 8,473.20 | 8,473.20 | ||||||||||
Check | 5/22/2009 | Administaff | Week Ending May 22 | Citibank | 11,206.35 | 11,206.35 | ||||||||||
Check | 5/29/2009 | Administaff | Week Ending May 29 | Citibank | 11,206.35 | 11,206.35 | ||||||||||
Total Compensation Costs | 30,885.90 | |||||||||||||||
Total Expense | 30,885.90 | |||||||||||||||
Net Income | -30,885.90 | |||||||||||||||
WebPayroll - Invoice Report | Page 1 of 1 |
Invoice Report | ![]() |
CAPITAL CORP OF THE WEST(2606900) | Invoice #: 2943270 | |
2801 G ST | Payroll Date: 05/15/2009 | |
MERCED, CA95340-2133 | Payroll #: 1 | |
Payroll Contact: DAVID A HEABERLIN | Payroll Type: REGULAR - 1 | |
Report Date: 5/12/2009 | Period: 05/9/2009 through 05/15/2009 |
Billing Groups: | ||||||||||||||||||||
No. | Name | No. EEs | Service Fee % | Payroll Gross | Total Cost | |||||||||||||||
0 | UNASSIGNED | 1 | 5.92 | $8,000.00 | $8,473.20 | |||||||||||||||
Total Summary: | 1 | $8,000.00 | $8,473.20 | |||||||||||||||||
Total additional charges or credits: | $0.00 | |||||||||||||||||||
Payroll amount due from client: | $8,473.20 | |||||||||||||||||||
TOTAL amount due from client: | $8,473.20 | |||||||||||||||||||
Due to Direct Deposit with ePayStub enrollment in this client number, the debit date for this payroll is paydate. | ||||||||||||||||||||
Check # | Check# | |||||||||||||||||||||||||||||||||||
Employees | Status | Non DD | DD | Prev/Curr | W/C Code | W/C State | Benefits | Service Fee | Payroll Gross | |||||||||||||||||||||||||||
HEABERLIN, DAVID | DD/EP | 0 | 0 / 0 | 8810C | CA | S | 5.92 | % | $8,000.00 | |||||||||||||||||||||||||||
Direct Deposit Gross Pay: | $ 8,000.00 | |||||||||||||||||||||||||||||||||||
Check Gross Pay: | $ 0.00 | |||||||||||||||||||||||||||||||||||
Non DD | NonDirect Deposit | E | Employee Coverage | |||
DD | Direct Deposit | S | Employee & Spouse Coverage | |||
D | Dental Only | C | Employee & Child Coverage | |||
NH | New Hire | F | Employee & Family Coverage | |||
EP | EPaystub | K | Employee & Children Coverage | |||
C | W/C Cap | W | Coverage Waived | |||
I | Coverage Not Available |
WebPayroll - Invoice Report | Page 1 of 1 |
Invoice Report | ![]() |
CAPITAL CORP OF THE WEST(2606900) | Invoice #: 2947392 | |
2801 G ST | Payroll Date: 05/22/2009 | |
MERCED, CA95340-2133 | Payroll #: 1 | |
Payroll Contact: DAVID A HEABERLIN | Payroll Type: REGULAR - 1 | |
Report Date: 5/20/2009 | Period: 05/16/2009 through 05/22/2009 |
Billing Groups: | ||||||||||||||||||||
No. | Name | No. EEs | Service Fee % | Payroll Gross | Total Cost | |||||||||||||||
0 | UNASSIGNED | 2 | 6.73 | $10,500.00 | $11,206.35 | |||||||||||||||
Total Summary: | 2 | $10,500.00 | $11,206.35 | |||||||||||||||||
Total additional charges or credits: | $0.00 | |||||||||||||||||||
Payroll amount due from client: | $11,206.35 | |||||||||||||||||||
TOTAL amount due from client: | $11,206.35 | |||||||||||||||||||
Due to Direct Deposit with ePayStub enrollment in this client number, the debit date for this payroll is paydate. | ||||||||||||||||||||
Check # | Check# | |||||||||||||||||||||||||||||||||||
Employees | Status | Non DD | DD | Prev/Curr | W/C Code | W/C State | Benefits | Service Fee | Payroll Gross | |||||||||||||||||||||||||||
CUPP, RICHARD | DD/EP | 0 | 0 / 0 | 8810C | CA | I | 9.33 | % | $2,500.00 | |||||||||||||||||||||||||||
HEABERLIN, DAVID | DD/EP | 0 | 0 / 0 | 8810C | CA | S | 5.92 | % | $8,000.00 | |||||||||||||||||||||||||||
Direct Deposit Gross Pay: | $ 10,500.00 | |||||||||||||||||||||||||||||||||||
Check Gross Pay: | $ 0.00 | |||||||||||||||||||||||||||||||||||
Non DD | NonDirect Deposit | E | Employee Coverage | |||
DD | Direct Deposit | S | Employee & Spouse Coverage | |||
D | Dental Only | C | Employee & Child Coverage | |||
NH | New Hire | F | Employee & Family Coverage | |||
EP | EPaystub | K | Employee & Children Coverage | |||
C | W/C Cap | W | Coverage Waived | |||
I | Coverage Not Available |
WebPayroll - Invoice Report | Page 1 of 1 |
Invoice Report | ![]() |
CAPITAL CORP OF THE WEST(2606900) | Invoice #: 2953234 | |
2801 G ST | Payroll Date: 05/29/2009 | |
MERCED, CA95340-2133 | Payroll #: 1 | |
Payroll Contact: DAVID A HEABERLIN | Payroll Type: REGULAR - 1 | |
Report Date: 5/26/2009 | Period: 05/23/2009 through 05/29/2009 |
Billing Groups: | ||||||||||||||||||||
No. | Name | No. EEs | Service Fee % | Payroll Gross | Total Cost | |||||||||||||||
0 | UNASSIGNED | 2 | 6.73 | $10,500.00 | $11,206.35 | |||||||||||||||
Total Summary: | 2 | $10,500.00 | $11,206.35 | |||||||||||||||||
Total additional charges or credits: | $0.00 | |||||||||||||||||||
Payroll amount due from client: | $11,206.35 | |||||||||||||||||||
TOTAL amount due from client: | $11,206.35 | |||||||||||||||||||
Due to Direct Deposit with ePayStub enrollment in this client number, the debit date for this payroll is paydate. | ||||||||||||||||||||
Check # | Check# | |||||||||||||||||||||||||||||||||||
Employees | Status | Non DD | DD | Prev/Curr | W/C Code | W/C State | Benefits | Service Fee | Payroll Gross | |||||||||||||||||||||||||||
CUPP, RICHARD | DD/EP | 0 | 0 / 0 | 8810C | CA | I | 9.33 | % | $2,500.00 | |||||||||||||||||||||||||||
HEABERLIN, DAVID | DD/EP | 0 | 0 / 0 | 8810C | CA | S | 5.92 | % | $8,000.00 | |||||||||||||||||||||||||||
Direct Deposit Gross Pay: | $ 10,500.00 | |||||||||||||||||||||||||||||||||||
Check Gross Pay: | $ 0.00 | |||||||||||||||||||||||||||||||||||
Non DD | NonDirect Deposit | E | Employee Coverage | |||
DD | Direct Deposit | S | Employee & Spouse Coverage | |||
D | Dental Only | C | Employee & Child Coverage | |||
NH | New Hire | F | Employee & Family Coverage | |||
EP | EPaystub | K | Employee & Children Coverage | |||
C | W/C Cap | W | Coverage Waived | |||
I | Coverage Not Available |
Capital Corp of the West
Balance Sheet
Balance Sheet
As of May 11, 2009
Cash Basis
May 11, 09 | |||||
ASSETS | |||||
Current Assets | |||||
Checking/Savings | |||||
Citibank | 6,735,188.17 | ||||
Total Checking/Savings | 6,735,188.17 | ||||
Total Current Assets | 6,735,188.17 | ||||
Fixed Assets | |||||
Furniture and Equipment | |||||
Computers | 4,299.75 | ||||
Furniture | 1,662.38 | ||||
Total Furniture and Equipment | 5,962.13 | ||||
Total Fixed Assets | 5,962.13 | ||||
TOTAL ASSETS | 6,741,150.30 | ||||
LIABILITIES & EQUITY | |||||
Liabilities | |||||
Long Term Liabilities | |||||
Trust Preferred Securities | |||||
County Statutory Trust 1 | 6,186,000.00 | ||||
County Statutory Trust II | 10,310,000.00 | ||||
County Statutory Trust III | 15,464,000.00 | ||||
County Statutory Trust IV | 25,774,000.00 | ||||
Total Trust Preferred Securities | 57,734,000.00 | ||||
Total Long Term Liabilities | 57,734,000.00 | ||||
Total Liabilities | 57,734,000.00 | ||||
Equity | |||||
Opening Balance Equity | -57,734,000.00 | ||||
Net Income | 6,741,150.30 | ||||
Total Equity | -50,992,849.70 | ||||
TOTAL LIABILITIES & EQUITY | 6,741,150.30 | ||||
Page 1
Capital Corp of the West
Balance Sheet
Balance Sheet
As of May 31, 2009
Cash Basis
May 31, 09 | |||||
ASSETS | |||||
Current Assets | |||||
Checking/Savings | |||||
Citibank | 6,704,302.27 | ||||
Total Checking/Savings | 6,704,302.27 | ||||
Total Current Assets | 6,704,302.27 | ||||
Fixed Assets | |||||
Furniture and Equipment | |||||
Computers | 4,299.75 | ||||
Furniture | 1,662.38 | ||||
Total Furniture and Equipment | 5,962.13 | ||||
Total Fixed Assets | 5,962.13 | ||||
TOTAL ASSETS | 6,710,264.40 | ||||
LIABILITIES & EQUITY | |||||
Liabilities | |||||
Long Term Liabilities | |||||
Trust Preferred Securities | |||||
County Statutory Trust I | 6,186,000.00 | ||||
County Statutory Trust II | 10,310,000.00 | ||||
County Statutory Trust III | 15,464,000.00 | ||||
County Statutory Trust IV | 25,774,000.00 | ||||
Total Trust Preferred Securities | 57,734,000.00 | ||||
Total Long Term Liabilities | 57,734,000.00 | ||||
Total Liabilities | 57,734,000.00 | ||||
Equity | |||||
Opening Balance Equity | -57,734,000.00 | ||||
Net Income | 6,710,264.40 | ||||
Total Equity | -51,023,735.60 | ||||
TOTAL LIABILITIES & EQUITY | 6,710,264.40 | ||||
Page 1
![]() | ![]() |
![]() | Citibank, N.A. 983 | |||||||
P.O. Box 26892 | ![]() | 320815/R1/20F013/0 | ||||||
San Francisco, CA 94126-6892 | 013 | |||||||
CITIBANK, N.A. | ||||||||
Account | ||||||||
203084249 | ||||||||
Statement Period | ||||||||
CAPITAL CORP OF THE WEST | May 1 - May 31, 2009 Relationship Manager | |||||||
2801 G STREET | US SERVICE CENTER | |||||||
MERCED CA 95340 | 1 -877-528-0990 | |||||||
![]() | Page 1 of 6 |
CitiBusiness® ACCOUNT AS OF MAY 31, 2009 | ||||
Relationship Summary: | ||||
Checking | $ | 6,704,302.27 | ||
Savings | --- | |||
Investments | --- | |||
(not FDIC insured) | ||||
Checking Plus | --- |
WHEN PLANNING THAT NEXT GETAWAY
Plan on Citibank’s World Wallet® Service to make ordering Foreign Currency easier than ever.
You have a wide variety of Foreign Currencies,delivered right to
your door or place of business.
(Anywhere in the Continental U.S). Visit your nearest Financial
Center or Call 1-800-756-7050
Limits/Fees apply.
Plan on Citibank’s World Wallet® Service to make ordering Foreign Currency easier than ever.
You have a wide variety of Foreign Currencies,delivered right to
your door or place of business.
(Anywhere in the Continental U.S). Visit your nearest Financial
Center or Call 1-800-756-7050
Limits/Fees apply.
SERVICE CHARGE SUMMARY FROM APRIL 1, 2009 THRU APRIL 30, 2009 | ||||
Type of Charge | No./Units | Price/Unit | Amount | |||||||||
CITIBUSINESS CHECKING # 203084249 | ||||||||||||
Average Daily Collected Balance | $6,553,011.08 | |||||||||||
DEPOSIT SERVICES | ||||||||||||
MONTHLY MAINTENANCE FEE | 1 | 15.0000 | 15.00 | |||||||||
CHECKS PAID | 14 | .1400 | 1.96 | |||||||||
DEPOSIT TICKETS | 2 | 1.2500 | 2.50 | |||||||||
ITEMS DEPOSITED | 1 | .1000 | 0.10 | |||||||||
CITIBUSINESS ONLINE | ||||||||||||
CASH MANAGER SUITE | 1 | 52.0000 | 52.00 | |||||||||
TRANSFER SERVICES | ||||||||||||
INCOMING WIRE TRANSFER | 4 | 10.0000 | 40.00 | |||||||||
AUTOMATED CLEARING HOUSE (ACH) | ||||||||||||
ACH DEBIT RECEIVED | 4 | .1100 | 0.44 | |||||||||
Total Charges for Services | $112.00 | |||||||||||
Average collected balances | $6,553,011.08 | |||||||||||
Less 10% reserve requirement | $655,301.10 | |||||||||||
Balances eligible for Earnings Credit | $5,897,709.98 | |||||||||||
Balances Required to Offset Service Charges | $227,136.00 | |||||||||||
Earnings Credit allowance at 0.60000% | $112.00 | 1 | ||||||||||
Charges Subject to Earnings Credit | $112.00 | |||||||||||
Net Service Charge | $0.00 |
1 - Maximum Earnings Credit cannot exceed monthly fees eligible for offset |
CAPITAL CORP OF THE WEST | Account 203084249 | Page 2 of 6 | 320816/R1/20F013/0 | |||||
Statement Period - May 1 - May 31, 2009 |
CHECKING ACTIVITY | ||||
CitiBusiness Checking | ||||||
0203084249 | Beginning Balance: | $ | 6,962,125.46 | |||
Ending Balance: | $ | 6,704,302.27 |
Date | Description | Debits | Credits | Balance | ||||||||||||||||
5/01 | ACH DEBIT | 11,246.61 | 6,950,878.85 | |||||||||||||||||
ADMINISTAFF COMP PAYROLL 0002606900 May 01 | ||||||||||||||||||||
5/05 | DEPOSIT | 50,530.00 | 7,001,408.85 | |||||||||||||||||
5/05 | CHECK NO: | 1037 | 806.01 | 7,000,602.84 | ||||||||||||||||
5/05 | CHECK NO: | 1038 | 146,272.73 | 6,854,330.11 | ||||||||||||||||
5/05 | CHECK NO: | 1039 | 500.00 | 6,853,830.11 | ||||||||||||||||
5/05 | CHECK NO: | 1041 | 400.00 | 6,853,430.11 | ||||||||||||||||
5/06 | CHECK NO: | 1017 | 600.00 | 6,852,830.11 | ||||||||||||||||
5/06 | CHECK NO: | 1042 | 400.00 | 6,852,430.11 | ||||||||||||||||
5/06 | CHECK NO: | 1033 | 220.00 | 6,852,210.11 | ||||||||||||||||
5/06 | CHECK NO: | 1044 | 200.00 | 6,852,010.11 | ||||||||||||||||
5/07 | DEPOSIT | 359.31 | 6,852,369.42 | |||||||||||||||||
5/07 | CHECK NO: | 1035 | 3,164.50 | 6,849,204.92 | ||||||||||||||||
5/08 | ACH DEBIT | 11,202.94 | 6,838,001.98 | |||||||||||||||||
ADMINISTAFF COMP PAYROLL 0002606900 May 08 | ||||||||||||||||||||
5/11 | DOM WIRE OUT | 64,577.23 | 6,773,424.75 | |||||||||||||||||
5/11 | DOM WIRE OUT | 27,487.19 | 6,745,937.56 | |||||||||||||||||
5/11 | CBUSOL TRANSFER DEBIT | 7,388.60 | 6,738,548.96 | |||||||||||||||||
WIRE TO ADP | ||||||||||||||||||||
5/11 | CBUSOL TRANSFER DEBIT | 975.00 | 6,737,573.96 | |||||||||||||||||
WIRE TO JAS Development Cop | ||||||||||||||||||||
5/14 | CHECK NO: | 1049 | 1,280.00 | 6,736,293.96 | ||||||||||||||||
5/14 | CHECK NO: | 1050 | 305.79 | 6,735,988.17 | ||||||||||||||||
5/15 | ACH DEBIT | 8,473.20 | 6,727,514.97 | |||||||||||||||||
ADMINISTAFF COMP PAYROLL 0002606900 May 15 | ||||||||||||||||||||
5/15 | CHECK NO: | 1043 | 400.00 | 6,727,114.97 | ||||||||||||||||
5/22 | ACH DEBIT | 11,206.35 | 6,715,908.62 | |||||||||||||||||
ADMINISTAFF COMP PAYROLL 0002606900 May 22 | ||||||||||||||||||||
5/22 | CHECK NO: | 1040 | 400.00 | 6,715,508,62 | ||||||||||||||||
5/29 | ACH DEBIT | 11,206.35 | 6,704,302.27 | |||||||||||||||||
ADMINISTAFF COMP PAYROLL 0002606900 May 29 | ||||||||||||||||||||
Total Debits /Credits | 308,712.50 | 50,889.31 |
Checks Paid | ||||||||||||||||||||||||||||||||||||||||||||||||
Check | Date | Amount | Check | Date | Amount | Check | Date | Amount | Check | Date | Amount | |||||||||||||||||||||||||||||||||||||
1017 | 5/06 | 600.00 | 1038 | 5/05 | 146,272.73 | 1041 | 5/05 | 400.00 | 1044 | 5/06 | 200.00 | |||||||||||||||||||||||||||||||||||||
1033* | 5/06 | 220.00 | 1039 | 5/05 | 500.00 | 1042 | 5/06 | 400.00 | 1049 | * | 5/14 | 1,280.00 | ||||||||||||||||||||||||||||||||||||
1035* | 5/07 | 3,164.50 | 1040 | 5/22 | 400.00 | 1043 | 5/15 | 400.00 | 1050 | 5/14 | 305.79 | |||||||||||||||||||||||||||||||||||||
1037* | 5/05 | 806.01 |
* Indicates gap in check number sequence | Number Checks Paid: | 13 | Totaling: | $ | 154,949.03 |
CUSTOMER SERVICE INFORMATION | ||||
IF YOU HAVE QUESTIONS ON: | YOU CAN CALL: | YOU CAN WRITE: | ||
Checking | 877-528-0990* (For Speech and Hearing Impaired Customers Only TDD: 800-945-0258) | Citibank, N.A. P.O. Box 26892 San Francisco, CA 94126-6892 |
For change in address, call your account officer or visit your branch.
*To ensure quality service, calls are randomly monitored.