WVC 31 A- 4 - 19
Every state banking institution shall make at least four
reports each year to the commissioner of banking upon his or her
call therefor. The reports shall be called for as nearly as
conveniently may be on the dates on which the comptroller of the
currency shall call for reports by national banking associations,
and be in the form and contain the details as shall be prescribed
by the commissioner of banking. The reports shall be verified by
the oath of the president or active vice president or cashier and
attested by the signatures of at least three directors of the
banking institution. Each report shall show in detail, under
appropriate heads, the resources and liabilities of the banking
institution at the close of business on the date specified by the
banking commissioner, and shall be transmitted to the commissioner
within ten days from the receipt of the request for the report.
The reports may be submitted or made available electronically in a
format specified by the commissioner of banking. An electronic
filing with the appropriate federal bank regulatory agency may be
deemed as meeting the requirements of this section, unless the
commissioner objects in writing and requires alternative filing(s).
In lieu of the report, the commissioner of banking shall have
discretion to accept from a banking institution which is a member
of the federal reserve system a report, the submission thereof
which is required of the banking institution by the federal reserve
board, or by its agency, provided that the report shall show in detail, under appropriate heads, the resources and liabilities of
the banking institution at the close of business on the day
specified by the federal reserve board, or by its agency, and shall
contain such further details as may be deemed necessary or
desirable by the commissioner of banking.
Any report shall be at the expense of the banking institution.