EX-25 8 exhibit2501s3.htm

  Exhibit 25.01

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM T-1

 

STATEMENT OF ELIGIBILITY

UNDER THE TRUST INDENTURE ACT OF 1939 OF A

CORPORATION DESIGNATED TO ACT AS TRUSTEE

 

 

UMB BANK, NATIONAL ASSOCIATION

(Exact name of trustee as specified in its charter)

 

44-0201230

(I.R.S. Employer

Identification No.)

 

                                                   1010 Grand Blvd., Kansas City, Missouri                    64106

                                           (Address of principal executive offices)                   (Zip Code)

 

 

OKLAHOMA GAS AND ELECTRIC COMPANY

(Exact name of obligor as specified in its charter)

 

                                                                              Oklahoma                             73-0382390

                                                   (State or other jurisdiction                    (I.R.S. employer

                                                of incorporation or organization)             identification No.)

 

                                                           321 North Harvey

                                                     Oklahoma City, Oklahoma                       73101

                                           (Address of principal executive offices)           (Zip Code)

 

 

Debt Securities

 

(Title of the indenture securities)

 


 

 

OKLAHOMA GAS AND ELECTRIC COMPANY

 

SENIOR DEBT SECURITIES

 

Item 1.

General Information

 

 

(a)

Name and address of each examining or supervising authority to which the
           Trustee is subject is as follows:

 

The Comptroller of the Currency

Mid-Western District

2345 Grand Avenue, Suite 700

Kansas City, Missouri 64108

 

 

Federal Reserve Bank of Kansas City

 

Federal Reserve P.O. Station

 

Kansas City, Missouri 64198

 

 

Supervising Examiner

 

Federal Deposit Insurance Corporation

 

720 Olive Street, Suite 2909

 

St. Louis, Missouri 63101

 

 

(b)

The Trustee is authorized to exercise corporate trust powers.

 

Item 2.

Affiliations with obligor. The Obligor is not affiliated with the Trustee.

 

Item 3.

Voting securities of the Trustee.

 

 

NOT APPLICABLE

 

Item 4.

Trusteeships under other indentures.

 

NOT APPLICABLE

 

Item 5.

Interlocking directorates and similar relationships with the obligor or underwriters.

 

NOT APPLICABLE

 

Item 6.

Voting securities of the trustee owned by the obligor or its officials.

 


 

NOT APPLICABLE

 

Item 7.

Voting securities of the trustee owned by underwriters or their officials.

 

NOT APPLICABLE

 

Item 8.

Securities of the obligor owned or held by the trustee.

 

NOT APPLICABLE

 

Item 9.

Securities of the underwriters owned or held by the trustee.

 

NOT APPLICABLE

 

Item 10.

Ownership or holdings by the trustee of voting securities of certain affiliates or security holders of the obligor.

 

NOT APPLICABLE

 

Item 11.

Ownership or holdings by the trustee of any securities of a person owning 50 percent or more of the voting securities of the obligor.

 

NOT APPLICABLE

 

Item 12.

Indebtedness of the Obligor to the Trustee.

 

NOT APPLICABLE

 

Item 13.

Defaults of the Obligor.

 

NOT APPLICABLE

 

Item 14.

Affiliations with the Underwriters.

 

NOT APPLICABLE

 

Item 15.

Foreign Trustee.

 

NOT APPLICABLE

 

Item 16.

List of Exhibits

 

Listed below are all exhibits as a part of this Statement of eligibility and qualification.

 


 

1.

Articles of Association of the Trustee, as now in effect (Exhibit 1 to Form T-1 filed with Registration Statement No. 333-74008).

 

 

2.

Certificate of Authority from the Comptroller of the Currency evidencing a change of the corporate title of the Association. (Exhibit 2 to Form T-1 filed with Registration Statement No. 333-74008).

 

 

3.

Certificate from the Comptroller of the Currency evidencing authority to exercise corporate trust powers and a letter evidencing a change of the corporate title of the Association. (Exhibit 3 to Form T-1 filed with Registration Statement No. 333-74008).

 

 

4.

Bylaws, as amended of the Trustee (Exhibit 4 to Form T-1 filed with Registration Statement No. 333-74008).

 

 

5.

N/A

 

 

6.

Consent of the Trustee required by Section 321(b) of the Act (Exhibit 6 to Registration Statement No. 333-74008).

 

 

7.

Report of Condition of the Trustee as of 3/31/08.

 

 

SIGNATURE

 

Pursuant to the requirements of the Trust Indenture Act of 1939, the Trustee, UMB Bank, National Association, a national bank organized and existing under the laws of the United States of America, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in the city of Kansas City, and State of Missouri, on the 30th day of May, 2008.

 

 

 

UMB BANK, NATIONAL ASSOCIATION

 

 

 

BY:

/s/ Todd H. Duncan

 

Todd H. Duncan, Senior Vice President

 

 

Date: May 30, 2008

 

 

 


T-1 EXHIBIT 7

UMB Bank, National Association

1010 GRAND BOULEVARD

FFIEC 041

KANSAS CITY,  MO  64106

           Consolidated Report of Condition

FDIC Certificate Number:  8273

         for March 31, 2008

Web Address: http://WWW.UMB.COM

 

The web address is as provided by the institution.  Please contact the institution directly with any questions regarding the data or the web address.

 

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Consolidated Report of Condition for Insured Commercial and State - Chartered Savings Banks for March 31, 2008

 

All schedules are to be reported in thousands of dollars. Unless otherwise indicated, report the amount outstanding as of the last business day of the quarter.

 

Schedule RC — Balance Sheet

 

Dollar Amounts in Thousands

 

 

 

 

 

ASSETS

 

 

 

 

 

1. Cash and balances due from depository institutions (from Schedule RC-A):

 

 

 

 

 

a. Noninterest-bearing balances and currency and coin(1)

 

RCON 0081

 

781,357

 

b. Interest-bearing balances(2)

 

RCON 0071

 

1,734

 

2. Securities:

 

 

 

 

 

a. Held-to-maturity securities (from Schedule RC-B, column A)

 

RCON 1754

 

30,578

 

b. Available-for-sale securities (from Schedule RC-B, column D)

 

RCON 1773

 

2,511,983

 

3. Federal funds sold and securities purchased under agreements to resell:

 

 

 

 

 

a. Federal funds sold

 

RCON B987

 

310,912

 

b. Securities purchased under agreements to resell(3)

 

RCON B989

 

397,497

 

4. Loans and lease financing receivables (from Schedule RC-C):

 

 

 

 

 

a. Loans and leases held for sale

 

RCON 5369

 

18,262

 

b. Loans and leases, net of unearned income

 

RCON B528

 

3,356,002

 

c. LESS: Allowance for loan and lease losses

 

RCON 3123

 

38,064

 

d. Loans and leases, net of unearned income and allowance (item 4.b minus 4.c)

 

RCON B529

 

3,317,938

 

5. Trading assets (from Schedule RC-D)

 

RCON 3545

 

17,915

 

6. Premises and fixed assets (including capitalized leases)

 

RCON 2145

 

174,785

 

7. Other real estate owned (from Schedule RC-M)

 

RCON 2150

 

1,380

 

8.  Investments in unconsolidated subsidiaries and associated companies (from Schedule RC-M)

 

RCON 2130

 

0

 

9. Not applicable

 

 

 

 

 

10.  Intangible assets:

 

 

 

 

 

a. Goodwill

 

RCON 3163

 

32,586

 

b. Other intangible assets (from Schedule RC-M)

 

RCON 0426

 

4,534

 

11.  Other assets (from Schedule RC-F)

 

RCON 2160

 

114,681

 

12.  Total assets (sum of items 1 through 11)

 

RCON 2170

 

7,716,142

 

 




 


 

(1)

Includes cash items in process of collection and unposted debits.

(2)

Includes time certificates of deposit not held for trading.

(3)

Includes all securities resale agreements, regardless of maturity.

 

LIABILITIES

 

 

 

 

 

13. Deposits:

 

 

 

 

 

a. In domestic offices (sum of totals of columns A and C from Schedule RC-E)

 

RCON 2200

 

5,715,878

 

(1) Noninterest-bearing(1)

 

RCON 6631

 

1,479,110

 

(2) Interest-bearing

 

RCON 6636

 

4,236,768

 

b. Not applicable

 

 

 

 

 

14. Federal funds purchased and securities sold under agreements to repurchase:

 

 

 

 

 

a. Federal funds purchased(2)

 

RCON B993

 

136,192

 

b. Securities sold under agreements to repurchase(3)

 

RCON B995

 

1,124,116

 

15. Trading liabilities (from Schedule RC-D)

 

RCON 3548

 

0

 

16. Other borrowed money (includes mortgage indebtedness and obligations under capitalized leases) (from Schedule RC-M)

 

RCON 3190

 

20,972

 

17. Not applicable

 

 

 

 

 

18. Not applicable

 

 

 

 

 

19. Subordinated notes and debentures(4)

 

RCON 3200

 

0

 

20. Other liabilities (from Schedule RC-G)

 

RCON 2930

 

89,627

 

21. Total liabilities (sum of items 13 through 20)

 

RCON 2948

 

7,086,785

 

22. Minority interest in consolidated subsidiaries

 

RCON 3000

 

0

 

EQUITY CAPITAL

 

 

 

 

 

23. Perpetual preferred stock and related surplus

 

RCON 3838

 

0

 

24. Common stock

 

RCON 3230

 

20,254

 

25. Surplus (exclude all surplus related to preferred stock)

 

RCON 3839

 

183,124

 

26. a. Retained earnings

 

RCON 3632

 

397,188

 

b. Accumulated other comprehensive income(5)

 

RCON B530

 

28,791

 

27. Other equity capital components(6)

 

RCON A130

 

0

 

28. Total equity capital (sum of items 23 through 27)

 

RCON 3210

 

629,357

 

29. Total liabilities, minority interest, and equity capital (sum of items 21, 22, and 28)

 

RCON 3300

 

7,716,142

 

 

Memorandum

 

To be reported with the March Report of Condition.

 

 

 

 

 

Number

 

1. Indicate in the box at the right the number of the statement below that best describes the most comprehensive level of auditing work performed for the bank by independent external auditors as of any date during 2007

 

RCON 6724

 

2

 

 

1 =

Independent audit of the bank conducted in accordance with generally accepted auditing standards by a certified public accounting firm which submits a report on the bank

 

 

2 =

Independent audit of the bank’s parent holding company conducted in accordance with generally accepted auditing standards by a certified public accounting firm which submits a report on the consolidated holding company (but not on the bank separately)

 

 

3 =

Attestation on bank management’s assertion on the effectiveness of the bank’s internal control over financial reporting by a certified public accounting firm

 

 

4 =

Directors’ examination of the bank conducted in accordance with generally accepted auditing standards by a certified public accounting firm (may be required by state chartering authority)

 

 

 

 


 

5 =

Directors’ examination of the bank performed by other external auditors (may be required by state chartering authority)

 

 

6 =

Review of the bank’s financial statements by external auditors

 

 

7 =

Compilation of the bank’s financial statements by external auditors

 

 

8 =

Other audit procedures (excluding tax preparation work)

 

 

9 =

No external audit work

 


(1)

Includes total demand deposits and noninterest-bearing time and savings deposits.

(2)

Report overnight Federal Home Loan Bank advances in Schedule RC, item 16, “Other borrowed money.”

(3)

Includes all securities repurchase agreements, regardless of maturity.

(7)

Includes limited-life preferred stock and related surplus.

(4)

Includes net unrealized holding gains (losses) on available-for-sale securities, accumulated net gains (losses) on cash flow hedges, and minimum pension liability adjustments.

(5)

Includes treasury stock and unearned Employee Stock Ownership Plan shares.