N.Y. BNK Law § 218

§ 218. Supervision and reports. Such corporation shall be subject to\nthe supervision, examination and control of the superintendent of\nfinancial services in the same manner as banking organizations are so\nsupervised, examined and controlled by him pursuant to this chapter, and\nshall be examined by him annually, but such corporation shall not be\ndeemed to be a banking organization nor be required to pay a fee for\nsuch an examination. Such corporation shall make an annual report of its\ncondition to the governor, legislature and superintendent of financial\nservices, on or before January first of each year.\n Commencing January first, nineteen hundred eighty-six, such annual\nreport shall contain but not be limited to the following:\n a. information on the cost and sources of funds and capital and the\ntotal allowable maximum amount available from members, the maximum\namount committed by each individual member, and the corporation's\noutstanding liabilities to members;\n b. classification of firms in the corporation's portfolio by standard\nindustrial code, including a breakdown of (i) size of firms by sales and\nnumber of employees, (ii) number and percentage of loans to\nmanufacturing, service and wholesale businesses, and (iii) number and\npercentage of loans to traditional industries and to high technology\nfirms within the manufacturing sector;\n c. information on the types of financing provided by the corporation,\nincluding guaranteed loans, the size and term of loans, and a breakdown\nof investments by senior debt, subordinated debt and equity financings;\n d. information on interest rates of loans, including percentage of\nfixed rate and variable rate loans;\n e. information on the use of capital provided by the corporation,\nincluding number of working capital loans, loans to assist leveraged\nbuyouts by employees, management or others, and secured mortgages for\nplant expansion or new production facilities;\n f. information on how the corporation is fulfilling its mission to\nassist women and minority owned businesses;\n g. information on resources and actions taken to advance the\ncorporation's marketing program;\n h. information on the corporation's regional offices, including a\ndescription of the volume of business and the nature of loan activity at\neach office;\n i. information on the activities of the corporation's MESBIC; and\n j. information on the corporation's pilot export financing program,\nincluding the number of firms serviced and the types of assistance\nprovided.\n