Print Page  Close Window

SEC Filings

S-4
RENAISSANCE MEDIA GROUP LLC filed this Form S-4 on 06/12/1998
Entire Document
 
<PAGE>
 
                                                                   EXHIBIT T-1.7

                    UNITED STATES TRUST COMPANY OF NEW YORK
                      CONSOLIDATED STATEMENT OF CONDITION
                                 MARCH 31, 1998
                                 --------------
                                ($ IN THOUSANDS)
 
ASSETS
- ------
Cash and Due from Banks                                            $  303,692
                                           
Short-Term Investments                                                325,044
                                           
Securities, Available for Sale                                        650,954
                                           
Loans                                                               1,717,101
Less:  Allowance for Credit Losses                                     16,546
                                                                   ----------
     Net Loans                                                      1,700,555
Premises and Equipment                                                 58,868
Other Assets                                                          120,865
                                                                   ----------
     Total Assets                                                  $3,159,978
                                                                   ==========
                                           
LIABILITIES                                
- -----------                                
Deposits:                                  
     Non-Interest Bearing                                          $  602,769
     Interest Bearing                                               1,955,571
                                                                   ----------
         Total Deposits                                             2,558,340
                                           
Short-Term Credit Facilities                                          293,185
Accounts Payable and Accrued Liabilities                              136,396
                                                                   ----------
     Total Liabilities                                             $2,987,921
                                                                   ==========
                                           
STOCKHOLDER'S EQUITY                       
- --------------------                       
Common Stock                                                           14,995
Capital Surplus                                                        49,541
Retained Earnings                                                     105,214
Unrealized Gains on Securities             
     Available for Sale (Net of Taxes)                                  2,307
                                                                   ----------
                                           
Total Stockholder's Equity                                            172,057
                                                                   ----------
    Total Liabilities and                  
     Stockholder's Equity                                          $3,159,978
                                                                   ==========


I, Richard E. Brinkmann, Senior Vice President & Comptroller of the named bank
do hereby declare that this Statement of Condition has been prepared in
conformance with the instructions issued by the appropriate regulatory authority
and is true to the best of my knowledge and belief.

Richard E. Brinkmann, SVP & Controller

May 6, 1998