<SEC-DOCUMENT>0001140361-23-026968.txt : 20230526
<SEC-HEADER>0001140361-23-026968.hdr.sgml : 20230526
<ACCEPTANCE-DATETIME>20230526160604
ACCESSION NUMBER:		0001140361-23-026968
CONFORMED SUBMISSION TYPE:	305B2
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20230526
DATE AS OF CHANGE:		20230526
EFFECTIVENESS DATE:		20230526

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Tilray Brands, Inc.
		CENTRAL INDEX KEY:			0001731348
		STANDARD INDUSTRIAL CLASSIFICATION:	MEDICINAL CHEMICALS & BOTANICAL PRODUCTS [2833]
		IRS NUMBER:				824310622
		FISCAL YEAR END:			0531

	FILING VALUES:
		FORM TYPE:		305B2
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-267788
		FILM NUMBER:		23968816

	BUSINESS ADDRESS:	
		STREET 1:		655 MADISON AVENUE
		STREET 2:		19TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10065
		BUSINESS PHONE:		519.322.8800

	MAIL ADDRESS:	
		STREET 1:		655 MADISON AVENUE
		STREET 2:		19TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10065

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Tilray, Inc.
		DATE OF NAME CHANGE:	20180213
</SEC-HEADER>
<DOCUMENT>
<TYPE>305B2
<SEQUENCE>1
<FILENAME>ny20009174x6_305b2.htm
<DESCRIPTION>305B2
<TEXT>
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      <hr style="border: none; border-bottom: 1px solid black; border-top: 4px solid black; height: 10px; color: #ffffff; background-color: #ffffff; margin-left: auto; margin-right: auto;" align="center"><font style="font-size: 14pt;">UNITED STATES</font></div>
    <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-size: 14pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
    <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-size: 12pt; font-weight: bold;">Washington, D.C. 20549</div>
    <div><br>
    </div>
    <div style="text-align: center; margin-left: 4.5pt; font-family: 'Times New Roman',Times,serif; font-size: 18pt; font-weight: bold;">FORM T-1</div>
    <div style="text-align: center; font-weight: bold;">STATEMENT OF ELIGIBILITY</div>
    <div style="text-align: center; font-weight: bold;">UNDER THE TRUST INDENTURE ACT OF 1939 OF A</div>
    <div style="text-align: center; font-weight: bold;">CORPORATION DESIGNATED TO ACT AS TRUSTEE</div>
    <div><br>
    </div>
    <div style="text-align: center;">CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A</div>
    <div style="text-align: center;">TRUSTEE PURSUANT TO SECTION 305(b)(2) [___]</div>
    <div><br>
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    <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-size: 24pt; font-weight: bold;">COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION</div>
    <div style="text-align: center;">(Exact name of trustee as specified in its charter)</div>
    <div><br>
    </div>
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          <td style="width: 49.01%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: center; font-weight: bold;">National Banking Association</div>
          </td>
          <td style="width: 2%; vertical-align: top;">&#160;</td>
          <td style="width: 49%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: center; font-weight: bold;">04-3401714</div>
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          <td style="width: 49.01%; vertical-align: top;">
            <div style="text-align: center;">(Jurisdiction of incorporation of organization</div>
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          <td style="width: 2%; vertical-align: top;">&#160;</td>
          <td style="width: 49%; vertical-align: top;">
            <div style="text-align: center;">(I.R.S. Employer</div>
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            <div style="text-align: center;">if not a U.S. national bank)</div>
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          <td style="width: 2%; vertical-align: top;">&#160;</td>
          <td style="width: 49%; vertical-align: top;">
            <div style="text-align: center;">Identification Number)</div>
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        <tr>
          <td style="width: 49.01%; vertical-align: top;">&#160;</td>
          <td style="width: 2%; vertical-align: top;">&#160;</td>
          <td style="width: 49%; vertical-align: top;">&#160;</td>
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        <tr>
          <td style="width: 49.01%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: center; font-weight: bold;">150 Royall Street, Canton, MA</div>
          </td>
          <td style="width: 2%; vertical-align: top;">&#160;</td>
          <td style="width: 49%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: center; font-weight: bold;">02021</div>
          </td>
        </tr>
        <tr>
          <td style="width: 49.01%; vertical-align: top;">
            <div style="text-align: center;">(Address of principal executive offices)</div>
          </td>
          <td style="width: 2%; vertical-align: top;">&#160;</td>
          <td style="width: 49%; vertical-align: top;">
            <div style="text-align: center;">(Zip Code)</div>
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    <div><br>
    </div>
    <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-size: 24pt; font-weight: bold;">TILRAY BRANDS, INC.</div>
    <div style="text-align: center; font-weight: bold;">(Exact name of obligor as specified in its charter)</div>
    <div><br>
    </div>
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          <td style="width: 49.37%; vertical-align: top;">
            <div style="text-align: center; font-weight: bold;">Delaware</div>
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          <td style="width: 2%; vertical-align: middle;">
            <div style="text-align: center; font-weight: bold;">&#8203;</div>
          </td>
          <td style="width: 49.37%; vertical-align: bottom;">
            <div style="text-align: center; font-weight: bold;">82-4310622</div>
          </td>
        </tr>
        <tr>
          <td style="width: 49.37%; vertical-align: top;">
            <div style="text-align: center; font-weight: bold;">(State or other jurisdiction of</div>
            <div style="text-align: center; font-weight: bold;">incorporation or organization)</div>
          </td>
          <td style="width: 2%; vertical-align: middle;">
            <div style="text-align: center; font-weight: bold;">&#8203;</div>
          </td>
          <td style="width: 49.37%; vertical-align: bottom;">
            <div style="text-align: center; font-weight: bold;">(I.R.S. Employer</div>
            <div style="text-align: center; font-weight: bold;">Identification Number)</div>
          </td>
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    <div><br>
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    <div style="text-align: center; font-weight: bold;">265 Talbot Street West</div>
    <div style="text-align: center; font-weight: bold;">Leamington, Ontario, Canada</div>
    <div style="text-align: center; font-weight: bold;">(844) 845-7291</div>
    <div style="text-align: center; font-weight: bold;">(Address, including zip code, and telephone number, including area code, of registrant&#8217;s principal executive offices)</div>
    <div><br>
    </div>
    <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-size: 18pt; font-weight: bold;">Debt Securities</div>
    <div style="text-align: center;">(Title of the indenture securities)</div>
    <div style="text-align: center;"> <br>
    </div>
    <div>
      <hr style="border: none; border-bottom: 4px solid black; border-top: 1px solid black; height: 10px; color: #ffffff; background-color: #ffffff; text-align: center; margin-left: auto; margin-right: auto;" align="center"> </div>
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    <div style="text-align: justify; text-indent: -72pt; margin-left: 72pt;"><font style="font-weight: bold;"> <br>
      </font></div>
    <div style="text-align: justify; text-indent: -72pt; margin-left: 72pt;"><font style="font-weight: bold;">Item 1. General Information. </font>Furnish the following information as to the trustee:</div>
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          <td style="width: 4%; vertical-align: top;">&#160;</td>
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            <div>(a)</div>
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          <td style="width: 92%; vertical-align: top;">
            <div style="text-align: justify;">Name and address of each examining or supervising authority to which it is subject.</div>
            <div style="text-align: justify;"> Comptroller of the Currency
              <div>340 Madison Avenue, 4<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup> Floor</div>
              <div>New York, NY 10017-2613</div>
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          <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255); font-weight: normal; color: rgb(0, 0, 0); font-family: 'Times New Roman',Times,serif; font-style: normal; font-variant: normal; text-transform: none;">&#160;</td>
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            <div>(b)</div>
          </td>
          <td style="width: 92%; vertical-align: top; background-color: rgb(255, 255, 255); font-weight: normal; color: rgb(0, 0, 0); font-family: 'Times New Roman',Times,serif; font-style: normal; font-variant: normal; text-transform: none;">
            <div style="text-align: justify;">Whether it is authorized to exercise corporate trust powers.</div>
            <div style="text-align: justify;"> The trustee is authorized to exercise corporate trust powers.</div>
          </td>
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    <div style="text-align: justify; text-indent: -72pt; margin-left: 72pt;"><font style="font-weight: bold;">Item 2. Affiliations with the obligor. </font>If the obligor is an affiliate of the trustee, describe such affiliation.</div>
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          <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255); font-weight: normal; color: rgb(0, 0, 0); font-family: 'Times New Roman',Times,serif; font-style: normal; font-variant: normal; text-transform: none;">&#160;</td>
          <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255); font-weight: normal; color: rgb(0, 0, 0); font-family: 'Times New Roman',Times,serif; font-style: normal; font-variant: normal; text-transform: none;"><br>
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          <td style="width: 92%; vertical-align: top; background-color: rgb(255, 255, 255); font-weight: normal; color: rgb(0, 0, 0); font-family: 'Times New Roman',Times,serif; font-style: normal; font-variant: normal; text-transform: none;">None.<br>
          </td>
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    <div><br>
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    <div style="text-align: justify; text-indent: -72pt; margin-left: 72pt;"><font style="font-weight: bold;">Item 16. List of exhibits. </font>List below all exhibits filed as a part of this statement of eligibility.</div>
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          <td style="width: 4%; vertical-align: top;">&#160;</td>
          <td style="width: 4%; vertical-align: top;">
            <div>1.</div>
          </td>
          <td style="width: 92%; vertical-align: top;">
            <div style="text-align: justify;">A copy of the articles of association of the trustee. (See Exhibit 1 to Form T-1 filed with Registration Statement No. 333-179383.)</div>
          </td>
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        <tr>
          <td style="width: 4%; vertical-align: top;">&#160;</td>
          <td style="width: 4%; vertical-align: top;">
            <div>2.</div>
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          <td style="width: 92%; vertical-align: top;">
            <div style="text-align: justify;">A copy of the certificate of authority of the trustee to commence business. (See Exhibit 2 to Form T-1 filed with Registration Statement No. 333-179383.)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 4%; vertical-align: top;">&#160;</td>
          <td style="width: 4%; vertical-align: top;">
            <div>3.</div>
          </td>
          <td style="width: 92%; vertical-align: top;">
            <div style="text-align: justify;">See Exhibits 1 and 2.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 4%; vertical-align: top;">&#160;</td>
          <td style="width: 4%; vertical-align: top;">
            <div>4.</div>
          </td>
          <td style="width: 92%; vertical-align: top;">
            <div style="text-align: justify;">A copy of the existing bylaws of the trustee, as now in effect. (See Exhibit 4 to Form T-1 filed with Registration Statement No. 333-268080.).</div>
          </td>
        </tr>
        <tr>
          <td style="width: 4%; vertical-align: top;">&#160;</td>
          <td style="width: 4%; vertical-align: top;">
            <div>6.</div>
          </td>
          <td style="width: 92%; vertical-align: top;">
            <div style="text-align: justify;">The consent of the Trustee required by Section 321(b) of the Act is attached as Exhibit 6.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 4%; vertical-align: top;">&#160;</td>
          <td style="width: 4%; vertical-align: top;">
            <div>7.</div>
          </td>
          <td style="width: 92%; vertical-align: top;">
            <div style="text-align: justify;">A copy of the latest report of condition of the trustee published pursuant to law or the requirements of its supervising or examining authority is attached as Exhibit 7.</div>
          </td>
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    <div><br>
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    <div><br>
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    <div style="text-align: center; font-weight: bold;">SIGNATURE</div>
    <div><br>
    </div>
    <div style="text-align: justify;">Pursuant to the requirements of the Trust Indenture Act of 1939, the trustee, Computershare Trust Company, National Association, a national banking association, organized and existing under the laws of the United
      States, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Cleveland, and State of Ohio, on the 26th day of May, 2023.</div>
    <div><br>
    </div>
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        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="vertical-align: middle;">
            <div style="font-weight: bold;">COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: middle;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">&#160;</td>
          <td style="width: 45%; vertical-align: middle;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: middle;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div>By:</div>
          </td>
          <td style="width: 45%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div>/s/ Jerry Urbanek</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: middle;">&#160;</td>
          <td style="width: 5%; vertical-align: middle;">
            <div>Title:</div>
          </td>
          <td style="width: 45%; vertical-align: middle;">
            <div>Trust Officer</div>
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    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
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    <div><br>
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    <div style="text-align: right; font-weight: bold;">EXHIBIT 6</div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">CONSENT OF THE TRUSTEE</div>
    <div><br>
    </div>
    <div style="text-align: justify;">Pursuant to the requirements of Section 321(b) of the Trust Indenture Act of 1939, and in connection with the proposed issue of debt securities, Computershare Trust Company, National Association hereby consents that
      reports of examinations by Federal, State, Territorial or District authorities may be furnished by such authorities to the Securities and Exchange Commission upon request therefore.</div>
    <div><br>
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    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="z807976e2767c4a0a9f07a9c0110256f4" border="0" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="vertical-align: middle;">
            <div style="font-weight: bold;">COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="vertical-align: middle;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: middle;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div>By:</div>
          </td>
          <td style="width: 45%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div>/s/ Jerry Urbanek</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: middle;">&#160;</td>
          <td style="width: 5%; vertical-align: middle;">
            <div>Title:</div>
          </td>
          <td style="width: 45%; vertical-align: middle;">
            <div>Trust Officer</div>
          </td>
        </tr>

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    <div> <br>
    </div>
    <div>Cleveland, Ohio</div>
    <div>May 26, 2023</div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
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    <div style="text-align: right;"><font style="font-weight: bold;"> <br>
      </font></div>
    <div style="text-align: right;"><font style="font-weight: bold;">EXHIBIT 7</font><br>
    </div>
    <div><br>
    </div>
    <div>
      <div style="text-align: center;">Consolidated Report of Condition of</div>
    </div>
    <div style="text-align: center;">COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION</div>
    <div style="text-align: center;">150 Royall Street, Canton, MA 02021</div>
    <div style="text-align: center;">at the close of business December 31, 2022.</div>
    <div><br>
    </div>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="zdb4402953ca24fa4862f7069fc2ec7b5" border="0" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 75%; vertical-align: bottom;">
            <div style="font-weight: bold;">ASSETS</div>
          </td>
          <td style="width: 25%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman',Times,serif;">Dollar Amounts In Thousands</div>
          </td>
        </tr>
        <tr>
          <td rowspan="1" style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td rowspan="1" style="width: 25%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
        </tr>
        <tr>
          <td style="width: 75%; vertical-align: top;">
            <div style="text-indent: -9pt; margin-left: 9pt;">Cash and balances due from depository institutions:</div>
          </td>
          <td style="width: 25%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-indent: -9pt; margin-left: 18pt;">Noninterest&#8209;bearing balances and currency and coin</div>
          </td>
          <td style="width: 25%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
            <div style="text-align: right;">3,297</div>
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        </tr>
        <tr>
          <td style="width: 75%; vertical-align: top;">
            <div style="text-indent: -9pt; margin-left: 18pt;">Interest&#8209;bearing balances</div>
          </td>
          <td style="width: 25%; vertical-align: bottom;">
            <div style="text-align: right;">354,504</div>
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        </tr>
        <tr>
          <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-indent: -9pt; margin-left: 9pt;">Securities:</div>
          </td>
          <td style="width: 25%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
        </tr>
        <tr>
          <td style="width: 75%; vertical-align: top;">
            <div style="text-indent: -9pt; margin-left: 18pt;">Held-to-maturity securities</div>
          </td>
          <td style="width: 25%; vertical-align: bottom;">
            <div style="text-align: right;">-0-</div>
          </td>
        </tr>
        <tr>
          <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-indent: -9pt; margin-left: 18pt;">Available-for-sale securities</div>
          </td>
          <td style="width: 25%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
            <div style="text-align: right;">-0-</div>
          </td>
        </tr>
        <tr>
          <td style="width: 75%; vertical-align: top;">
            <div style="text-indent: -9pt; margin-left: 9pt;">Federal funds sold and securities purchased under agreements to resell:</div>
          </td>
          <td style="width: 25%; vertical-align: bottom;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-indent: -9pt; margin-left: 9pt;">&#160;&#160;&#160;Federal funds sold in domestic offices</div>
          </td>
          <td style="width: 25%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
            <div style="text-align: right;">-0-</div>
          </td>
        </tr>
        <tr>
          <td style="width: 75%; vertical-align: top;">
            <div style="text-indent: -9pt; margin-left: 9pt;">&#160;&#160;&#160;Securities purchased under agreements to resell</div>
          </td>
          <td style="width: 25%; vertical-align: bottom;">
            <div style="text-align: right;">-0-</div>
          </td>
        </tr>
        <tr>
          <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-indent: -9pt; margin-left: 9pt;">Loans and lease financing receivables:</div>
          </td>
          <td style="width: 25%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
        </tr>
        <tr>
          <td style="width: 75%; vertical-align: top;">
            <div style="text-indent: -9pt; margin-left: 18pt;">Loans and leases held for sale</div>
          </td>
          <td style="width: 25%; vertical-align: bottom;">
            <div style="text-align: right;">-0-</div>
          </td>
        </tr>
        <tr>
          <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-indent: -9pt; margin-left: 18pt;">Loans and leases, net of unearned income</div>
          </td>
          <td style="width: 25%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
            <div style="text-align: right;">-0-</div>
          </td>
        </tr>
        <tr>
          <td style="width: 75%; vertical-align: top;">
            <div style="text-indent: -9pt; margin-left: 18pt;">LESS: Allowance for loan and lease losses</div>
          </td>
          <td style="width: 25%; vertical-align: bottom;">
            <div style="text-align: right;">-0-</div>
          </td>
        </tr>
        <tr>
          <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-indent: -9pt; margin-left: 18pt;">Loans and leases, net of unearned income and allowance</div>
          </td>
          <td style="width: 25%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
            <div style="text-align: right;">-0-</div>
          </td>
        </tr>
        <tr>
          <td style="width: 75%; vertical-align: top;">
            <div style="text-indent: -9pt; margin-left: 9pt;">Trading assets</div>
          </td>
          <td style="width: 25%; vertical-align: bottom;">
            <div style="text-align: right;">-0-</div>
          </td>
        </tr>
        <tr>
          <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-indent: -9pt; margin-left: 9pt;">Premises and fixed assets (including capitalized leases)</div>
          </td>
          <td style="width: 25%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
            <div style="text-align: right;">7,524</div>
          </td>
        </tr>
        <tr>
          <td style="width: 75%; vertical-align: top;">
            <div style="text-indent: -9pt; margin-left: 9pt;">Other real estate owned</div>
          </td>
          <td style="width: 25%; vertical-align: bottom;">
            <div style="text-align: right;">-0-</div>
          </td>
        </tr>
        <tr>
          <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-indent: -9pt; margin-left: 9pt;">Investments in unconsolidated subsidiaries and associated companies</div>
          </td>
          <td style="width: 25%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
            <div style="text-align: right;">-0-</div>
          </td>
        </tr>
        <tr>
          <td style="width: 75%; vertical-align: top;">
            <div style="text-indent: -9pt; margin-left: 9pt;">Direct and indirect investments in real estate ventures</div>
          </td>
          <td style="width: 25%; vertical-align: bottom;">
            <div style="text-align: right;">-0-</div>
          </td>
        </tr>
        <tr>
          <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-indent: -9pt; margin-left: 9pt;">Intangible assets:</div>
          </td>
          <td style="width: 25%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
        </tr>
        <tr>
          <td style="width: 75%; vertical-align: top;">
            <div style="text-indent: -9pt; margin-left: 9pt;">&#160;&#160;&#160;Goodwill</div>
          </td>
          <td style="width: 25%; vertical-align: bottom;">
            <div style="text-align: right;">671,815</div>
          </td>
        </tr>
        <tr>
          <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-indent: -9pt; margin-left: 9pt;">&#160;&#160;&#160;Other intangible assets</div>
          </td>
          <td style="width: 25%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
            <div style="text-align: right;">-0-</div>
          </td>
        </tr>
        <tr>
          <td style="width: 75%; vertical-align: top;">
            <div style="text-indent: -9pt; margin-left: 9pt;">Other assets</div>
          </td>
          <td style="width: 25%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div>
              <div style="text-align: right; margin-left: 116.1pt;">139,364</div>
            </div>
          </td>
        </tr>
        <tr>
          <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-indent: -9pt; margin-left: 9pt;">Total assets</div>
          </td>
          <td style="width: 25%; vertical-align: bottom; border-bottom: 4px double rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
            <div>
              <div style="text-align: right; margin-left: 116.1pt;">1,176,504</div>
            </div>
          </td>
        </tr>
        <tr>
          <td style="width: 75%; vertical-align: top;">
            <div style="text-indent: -9pt; margin-left: 9pt; font-weight: bold;">LIABILITIES</div>
          </td>
          <td style="width: 25%; vertical-align: bottom;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-indent: -9pt; margin-left: 9pt;">Deposits:</div>
          </td>
          <td style="width: 25%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
        </tr>
        <tr>
          <td style="width: 75%; vertical-align: top;">
            <div style="text-indent: -9pt; margin-left: 18pt;">In domestic offices</div>
          </td>
          <td style="width: 25%; vertical-align: bottom;">
            <div style="text-align: right;">-0-</div>
          </td>
        </tr>
        <tr>
          <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-indent: -9pt; margin-left: 18pt;">Noninterest&#8209;bearing</div>
          </td>
          <td style="width: 25%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
            <div style="text-align: right;">-0-</div>
          </td>
        </tr>
        <tr>
          <td style="width: 75%; vertical-align: top;">
            <div style="text-indent: -9pt; margin-left: 18pt;">Interest&#8209;bearing</div>
          </td>
          <td style="width: 25%; vertical-align: bottom;">
            <div style="text-align: right;">-0-</div>
          </td>
        </tr>
        <tr>
          <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-indent: -18pt; margin-left: 18pt;">Federal funds purchased and securities sold under agreements to repurchase:</div>
          </td>
          <td style="width: 25%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
        </tr>
        <tr>
          <td style="width: 75%; vertical-align: top;">
            <div style="text-indent: -9pt; margin-left: 9pt;">&#160;&#160;&#160;Federal funds purchased in domestic offices.</div>
          </td>
          <td style="width: 25%; vertical-align: bottom;">
            <div style="text-align: right;">-0-</div>
          </td>
        </tr>
        <tr>
          <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-indent: -9pt; margin-left: 9pt;">&#160;&#160;&#160;Securities sold under agreements to repurchase</div>
          </td>
          <td style="width: 25%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
            <div style="text-align: right;">-0-</div>
          </td>
        </tr>
        <tr>
          <td style="width: 75%; vertical-align: top;">
            <div style="text-indent: -9pt; margin-left: 9pt;">Trading liabilities</div>
          </td>
          <td style="width: 25%; vertical-align: bottom;">
            <div style="text-align: right;">-0-</div>
          </td>
        </tr>
        <tr>
          <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-indent: -9pt; margin-left: 9pt;">Other borrowed money:</div>
            <div style="text-indent: -9pt; margin-left: 9pt;">(includes mortgage indebtedness and obligations under capitalized leases)</div>
          </td>
          <td style="width: 25%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
            <div style="text-align: right;">-0-</div>
          </td>
        </tr>
        <tr>
          <td style="width: 75%; vertical-align: top;">
            <div style="text-indent: -9pt; margin-left: 9pt;">Not applicable</div>
          </td>
          <td style="width: 25%; vertical-align: bottom;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-indent: -9pt; margin-left: 9pt;">Not applicable</div>
          </td>
          <td style="width: 25%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
        </tr>
        <tr>
          <td style="width: 75%; vertical-align: top;">
            <div style="text-indent: -9pt; margin-left: 9pt;">Subordinated notes and debentures</div>
          </td>
          <td style="width: 25%; vertical-align: bottom;">
            <div style="text-align: right;">-0-</div>
          </td>
        </tr>
        <tr>
          <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-indent: -9pt; margin-left: 9pt;">Other liabilities</div>
          </td>
          <td style="width: 25%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
            <div>
              <div style="text-align: right; margin-left: 116.1pt;">184,765</div>
            </div>
          </td>
        </tr>
        <tr>
          <td style="width: 75%; vertical-align: top;">
            <div style="text-indent: -9pt; margin-left: 9pt;">Total liabilities</div>
          </td>
          <td style="width: 25%; vertical-align: bottom; border-bottom: 4px double rgb(0, 0, 0);">
            <div>
              <div style="text-align: right; margin-left: 116.1pt;">184,765</div>
            </div>
          </td>
        </tr>
        <tr>
          <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-indent: -9pt; margin-left: 9pt; font-weight: bold;">EQUITY CAPITAL</div>
          </td>
          <td style="width: 25%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
        </tr>
        <tr>
          <td style="width: 75%; vertical-align: top;">
            <div style="text-indent: -9pt; margin-left: 9pt;">Perpetual preferred stock and related surplus</div>
          </td>
          <td style="width: 25%; vertical-align: bottom;">
            <div style="text-align: right;">0</div>
          </td>
        </tr>
        <tr>
          <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-indent: -9pt; margin-left: 9pt;">Common stock</div>
          </td>
          <td style="width: 25%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
            <div style="text-align: right;">500</div>
          </td>
        </tr>
        <tr>
          <td style="width: 75%; vertical-align: top;">
            <div style="text-indent: -9pt; margin-left: 9pt;">Surplus (exclude all surplus related to preferred stock)</div>
          </td>
          <td style="width: 25%; vertical-align: bottom;">
            <div style="text-align: right;">827,224</div>
          </td>
        </tr>
        <tr>
          <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-indent: -9pt; margin-left: 9pt;">Retained earnings</div>
          </td>
          <td style="width: 25%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
            <div style="text-align: right;">164,015</div>
          </td>
        </tr>
        <tr>
          <td style="width: 75%; vertical-align: top;">
            <div style="text-indent: -9pt; margin-left: 9pt;">Accumulated other comprehensive income</div>
          </td>
          <td style="width: 25%; vertical-align: bottom;">
            <div style="text-align: right;">-0-</div>
          </td>
        </tr>
        <tr>
          <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-indent: -9pt; margin-left: 9pt;">Other equity capital components</div>
          </td>
          <td style="width: 25%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
            <div style="text-align: right;">-0-</div>
          </td>
        </tr>
        <tr>
          <td style="width: 75%; vertical-align: top;">
            <div style="text-indent: -9pt; margin-left: 9pt;">Total bank equity capital</div>
          </td>
          <td style="width: 25%; vertical-align: bottom;">
            <div style="text-align: right;">991,739</div>
          </td>
        </tr>
        <tr>
          <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-indent: -9pt; margin-left: 9pt;">Noncontrolling (minority) interests in consolidated subsidiaries</div>
          </td>
          <td style="width: 25%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
            <div style="text-align: right;">-0-</div>
          </td>
        </tr>
        <tr>
          <td style="width: 75%; vertical-align: top;">
            <div style="text-indent: -9pt; margin-left: 9pt;">Total equity capital</div>
          </td>
          <td style="width: 25%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div>
              <div style="text-align: right; margin-left: 116.1pt;">991,739</div>
            </div>
          </td>
        </tr>
        <tr>
          <td style="width: 75%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-indent: -9pt; margin-left: 9pt;">Total liabilities and equity capital</div>
          </td>
          <td style="width: 25%; vertical-align: bottom; border-bottom: 4px double rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
            <div>
              <div style="text-align: right; margin-left: 116.1pt;">1,176,504</div>
            </div>
          </td>
        </tr>

    </table>
    <div style="text-align: justify;"><br>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageBreak" style="page-break-after: always;">
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    </div>
    <div style="text-align: justify;"> <br>
    </div>
    <div style="text-align: justify;">I, Robert G. Marshall, Assistant Controller of the above named bank do hereby declare that this Report of Condition is true and correct to the best of my knowledge and belief.</div>
    <div><br>
    </div>
    <div style="text-align: right; text-indent: 72pt;"><u>/s/ Robert G. Marshall</u></div>
    <div><br>
    </div>
    <div style="text-align: right; text-indent: 72pt;">Robert G. Marshall</div>
    <div style="text-align: right; text-indent: 72pt;">Assistant Controller</div>
    <div>
      <hr style="height: 2px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;" align="center" noshade="noshade"></div>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
