Trust Examiner School eBook

DFI Trust Company Examiner’s Entry Checklist

50 COMPLIANCE A. Trial balance list of trust account control balances as of examination date June 30, 2021 , sorted by major appointment category (e.g., Trust under Agreement, Trust under Will, Estates, Investment Management Agencies, Investment Advisory Agencies, Employee Benefit Trusts, Employee Benefit Agencies, Corporate Trusts, Corporate Agencies, Common Trust Funds, Collective Investment Funds, etc.). B. List of all accounts as of the examination date June 30, 2021 , sorted by major appointment category listing in a line-item format for each account: 1. Account title and number, 2. Administrative officer, 3. Investment officer, and the Company's investment authority, 6. Invested principal ( summary total per account, not detail of assets ), 7. Invested income ( summary total per account, not detail of assets ), and 8. Grand totals for each appointment category of cash and assets of all accounts. C. List of account codes used for computer generated reports together with applicable definitions. D. List of real estate type assets in which: 1. There exists delinquencies in principal, interest, or taxes, 2. Taxes are delinquent, 3. Expired property insurance on mortgaged property, or other real property held as 4. Principal cash, 5. Income cash, E. List of liabilities within accounts, such as borrowings, etc. Please indicate the dollar value of assets pledged, if any, by the account to collateralize such liabilities. Also provide detail of any liability in delinquent status. F. List of terminated accounts, which have not been distributed, including reason(s) therefore. G. List of estates under administration that have been opened for 12 months or more and reason(s) why. H. Since the previous examination, have there been any U.S. Department of Labor, IRS, PBGC, or SEC investigations or reviews complete, or are there any pending at this time? If so, provide full details I. List corporate trusteeship appointments. Please provide: assets, unless liability thereon is covered by blanket insurance, 4. Pending foreclosures involving mortgages held as trust assets, 5. There exists delinquencies in rental income, 6. On-site visitation has not be done in twelve months, and 7. A certified appraisal that has not been done in twenty-four months.