EX-99.1 2 cbkc210342_ex99-1.htm MONTHLY OPERATING REPORT FOR THE PERIOD BEGINNING JANUARY 14, 2021 AND ENDING JANUARY 30, 2021

  

UNITED STATES BANKRUPTCY COURT
DISTRICT OF NEW JERSEY

 

In re: Christopher & Banks Corporation et al. Case No.     21-10269 (ABA)     
  Reporting Period: January 14, 2021 through January 30, 2021

 

MONTHLY OPERATING REPORT
File with Court and submit copy to United States Trustee within 20 days after end of the month.

 

Submit copy of report to any official committee appointed in the case.

 

REQUIRED DOCUMENTS Form No. Document
attached		 Explanation
attached
Schedule of Cash Receipts and Disbursements MOR-1 X  
Bank Reconciliation (or copies of debtor’s bank reconciliations)    MOR-1a X  
Schedule of Professional Fees Paid MOR-1b X  
Copies of bank statements   X In addition to two primary operating accounts for which statements are attached`, debtors maintain 70 depository accounts for their stores. Evidence of the Debtors remaining accounts is available upon request.
Cash disbursement journals   X  
Statement of Operations MOR-2 X  
Balance Sheet MOR-3 X  
Status of Postpetition  Taxes MOR-4 X  
Copies of IRS Form 6123 or payment receipt     No taxes, other than payroll and sales tax were due during the subject period
Copies of tax returns filed during reporting period     No taxes, other than payroll and sales tax were due during the subject period
Summary of Unpaid Postpetition Debts MOR-4 X  
Listing of aged accounts payable MOR-4 X  
Accounts  Receivable Reconciliation and Aging MOR-5 X  
Debtor Questionnaire MOR-5 X  

 

Ideclare under penalty of perjury (28 U.S.C. Section 1746) that this report and the attached documents are true and correct to the best of my knowledge and belief.

 

     
Signature of Debtor   Date
     
    3/3/21
Signature of joint Debtor   Date
     
Signature of Authorised Individual*   Date
     
Kara Johnson   SVP CFO
Printed Name of Authorised Individual   Title of Authorised Individual

 

*Authorized individual must be an officer, director or shareholder if debtor is a corporation; a partner if debtor is a partnership; a manager or member if debtor is limited liability company.

 

MOR 

(04/07)

 

 

 

  

CHRISTOPHER & BANKS CORPORATION, et al.
DEBTORS AND DEBTORS IN POSSESSION

 

Notes to Monthly Operating Report

 

General 

The report includes activity from the following Debtors and related Case Numbers:

 

Debtor Case Number
Christopher & Banks Inc. 21-10268
Christopher & Banks Corporation 21-10269 (ABA)
Christopher & Banks Company 21-10270

 

General Notes: 

The Debtors are filing their consolidated Monthly Operating Report solely for the purposes of complying with the monthly operating reporting requirements in the Debtors' Chapter 11 cases. The financial and supplemental information contained herein is presented on a preliminary and unaudited basis, remains subject to future adjustments and may not comply in all material respects with generally accepted accounting principles in the United States of America (“U.S. GAAP”). This Monthly Operating Report should not be relied on by any persons for information relating to current or future financial conditions, events, or performance of any of the Debtors or their affiliates. Financial information presented in this Monthly Operating Report reflects results on a consolidated basis for the Debtors.

 

The financial information has been derived from the books and records of the Debtors. This information, however, has not been subject to certain procedures that would typically be applied to financial information in accordance with U.S. GAAP, and upon application of such procedures, the Debtors believe that the financial information could be subject to changes, which could be material. The information furnished in this report includes primarily normal recurring adjustments, but does not include all adjustments that would typically be made for financial statements prepared in accordance with U.S. GAAP, including but not limited to, adjustments for income tax provisions and related deferred tax asset and liability accounts, adjustments for impairment of long-lived assets and certain other asset and liability accounts.

 

The results of operations contained herein are not necessarily indicative of results which may be expected for any other period or for the full year and may not necessarily reflect the combined results of operations and financial position of the Debtors in the future.

 

The Debtors reserve all rights to amend or supplement this Monthly Operating Report in all respects, as may be necessary or appropriate. Nothing contained in this Monthly Operating Report shall constitute a waiver of any of the Debtors' rights or an admission with respect to their Chapter 11 cases.

 

 

 

 

CHRISTOPHER & BANKS CORPORATION, et al.
DEBTORS AND DEBTORS IN POSSESSION

 

Total Receipts & Disbursements by or on Behalf of Each Debtor Entity (unaudited, in thousands)

 

For period from January 14, 2020 to January 30, 20201

 

Debtor Entity  Case Number  Receipts   Disbursements2 
Christopher & Banks Inc.  21-10268  $2,184   $(7,320)
Christopher & Banks Corporation  21-10269 (ABA)  $-   $(1,279)
Christopher & Banks Company  21-10270  $31,684   $(20,808)
Total     $33,868   $(29,407)

 

1 The Debtors fiscal calendar differs from the calendar year, but due to lack of bank activity during weekends, fiscal  January is equivalent to calendar January.
2 Variance in total disbursements from the March 1st, 2021 cash flow budget is attributed to assumptions around check float in the budget.

 

 

 

 

CHRISTOPHER & BANKS CORPORATION, et al.
DEBTORS AND DEBTORS IN POSSESSION

 

Schedule of Cash Receipts and Disbursements (unaudited, in thousands)

 

For period from January 14, 2020 to January 30, 2020

 

Cash Flow Summary  Current
Month		 
     
Total Cash Receipts   33,868 
Disbursements     
Operating Disbursements   (9,398)
Professional Fees   (542)
Debt Repayment   (19,467)
Total Cash Disbursements   (29,407)
      
Net Cash Flow   4,461 

 

 

 

 

CHRISTOPHER & BANKS CORPORATION, et al.
DEBTORS AND DEBTORS IN POSSESSION

 

Cash Disbursements Journal (unaudited, in thousands)

 

For period from January 14, 2020 to January 30, 2020

 

Date   Debtor Account # Amount   Type
1/15/2021   Christopher & Banks Corporation ******7918 155,691.40   Wire
1/15/2021   Christopher & Banks Inc. ******5592 100,000.00   Wire
1/15/2021   Christopher & Banks Inc. ******5592 25,000.00   Wire
1/15/2021   Christopher & Banks Inc. ******5592 12,495.00   Wire
1/15/2021   Christopher & Banks Inc. ******5592 11,030.50   Wire
1/15/2021   Christopher & Banks Corporation ******7918 2,946.77   Wire
1/19/2021   Christopher & Banks Inc. ******5592 1,693,622.06   Wire
1/19/2021   Christopher & Banks Inc. ******5592 399,670.52   Wire
1/19/2021   Christopher & Banks Inc. ******5592 15,188.13   Wire
1/20/2021   Christopher & Banks Corporation ******7918 275,000.00   Wire
1/20/2021   Christopher & Banks Inc. ******5592 29,610.00   Wire
1/20/2021   Christopher & Banks Inc. ******5592 25,000.00   Wire
1/20/2021   Christopher & Banks Inc. ******5592 25,000.00   Wire
1/20/2021   Christopher & Banks Inc. ******5592 25,000.00   Wire
1/20/2021   Christopher & Banks Corporation ******7918 3,589.93   Wire
1/20/2021   Christopher & Banks Corporation ******7918 2,737.00   Wire
1/20/2021   Christopher & Banks Corporation ******7918 1,343.68   Wire
1/21/2021   Christopher & Banks Company ******8979 191,977.92   Wire
1/21/2021   Christopher & Banks Corporation ******7918 111,621.16   Wire
1/21/2021   Christopher & Banks Inc. ******5592 25,000.00   Wire
1/21/2021   Christopher & Banks Inc. ******5592 25,000.00   Wire
1/21/2021   Christopher & Banks Inc. ******5592 11,030.50   Wire
1/22/2021   Christopher & Banks Inc. ******5592 399,670.52   Wire
1/22/2021   Christopher & Banks Inc. ******5592 69,048.71   Wire
1/22/2021   Christopher & Banks Inc. ******5592 25,000.00   Wire
1/22/2021   Christopher & Banks Corporation ******7918 25,000.00   Wire
1/22/2021   Christopher & Banks Inc. ******5592 12,495.00   Wire
1/22/2021   Christopher & Banks Company ******8979 11,973.00   Wire
1/22/2021   Christopher & Banks Corporation ******7918 9,126.48   Wire
1/22/2021   Christopher & Banks Corporation ******7918 6,567.03   Wire
1/22/2021   Christopher & Banks Inc. ******5592 1,551.62   Wire
1/22/2021   Christopher & Banks Inc. ******5592 919.93   Wire
1/22/2021   Christopher & Banks Inc. ******5592 203.77   Wire
1/25/2021   Christopher & Banks Inc. ******5592 5,000.00   Wire
1/26/2021   Christopher & Banks Company ******8979 68,790.35   Wire
1/26/2021   Christopher & Banks Company ******8979 55,752.74   Wire
1/26/2021   Christopher & Banks Company ******8979 48,631.58   Wire
1/26/2021   Christopher & Banks Company ******8979 39,796.54   Wire
1/26/2021   Christopher & Banks Inc. ******5592 15,000.00   Wire
1/26/2021   Christopher & Banks Inc. ******5592 15,000.00   Wire
1/26/2021   Christopher & Banks Inc. ******5592 15,000.00   Wire
1/26/2021   Christopher & Banks Inc. ******5592 15,000.00   Wire
1/26/2021   Christopher & Banks Inc. ******5592 15,000.00   Wire
1/26/2021   Christopher & Banks Company ******8979 13,600.69   Wire
1/26/2021   Christopher & Banks Company ******8979 7,921.28   Wire
1/26/2021   Christopher & Banks Inc. ******5592 5,000.00   Wire
1/26/2021   Christopher & Banks Corporation ******7918 4,389.10   Wire
1/26/2021   Christopher & Banks Corporation ******7918 971.83   Wire
1/27/2021   Christopher & Banks Inc. ******5592 15,000.00   Wire
1/28/2021   Christopher & Banks Corporation ******7918 88,782.36   Wire
1/28/2021   Christopher & Banks Inc. ******5592 15,000.00   Wire
1/28/2021   Christopher & Banks Inc. ******5592 11,030.50   Wire

 

 

 

 

Date   Debtor Account # Amount   Type
1/29/2021   Christopher & Banks Inc. ******5592 399,670.52   Wire
1/29/2021   Christopher & Banks Corporation ******7918 266,542.05   Wire
1/29/2021   Christopher & Banks Corporation ******7918 142,402.11   Wire
1/29/2021   Christopher & Banks Corporation ******7918 25,000.00   Wire
1/29/2021   Christopher & Banks Inc. ******5592 17,539.11   Wire
1/29/2021   Christopher & Banks Inc. ******5592 15,000.00   Wire
1/29/2021   Christopher & Banks Corporation ******7918 10,614.31   Wire
1/21/2021   Christopher & Banks Inc. ******2139 12.50   Check
1/21/2021   Christopher & Banks Inc. ******2139 32.10   Check
1/21/2021   Christopher & Banks Inc. ******2139 1,200.64   Check
1/21/2021   Christopher & Banks Inc. ******2139 216.00   Check
1/21/2021   Christopher & Banks Inc. ******2139 265.44   Check
1/21/2021   Christopher & Banks Inc. ******2139 75.00   Check
1/21/2021   Christopher & Banks Company ******5782 193.85   Check
1/21/2021   Christopher & Banks Corporation ******7918 9,260.00   Check
1/21/2021   Christopher & Banks Inc. ******2139 234.00   Check
1/21/2021   Christopher & Banks Inc. ******2139 448.27   Check
1/21/2021   Christopher & Banks Corporation ******7918 51.46   Check
1/21/2021   Christopher & Banks Inc. ******2139 634.40   Check
1/21/2021   Christopher & Banks Inc. ******2139 510.01   Check
1/21/2021   Christopher & Banks Company ******5782 80.00   Check
1/21/2021   Christopher & Banks Corporation ******7918 54.11   Check
1/21/2021   Christopher & Banks Inc. ******2139 11.63   Check
1/21/2021   Christopher & Banks Corporation ******7918 210.00   Check
1/21/2021   Christopher & Banks Corporation ******7918 10,312.50   Check
1/21/2021   Christopher & Banks Inc. ******2139 16.26   Check
1/21/2021   Christopher & Banks Inc. ******2139 9.66   Check
1/21/2021   Christopher & Banks Inc. ******2139 22.12   Check
1/21/2021   Christopher & Banks Inc. ******2139 23.82   Check
1/21/2021   Christopher & Banks Inc. ******2139 22.53   Check
1/21/2021   Christopher & Banks Inc. ******2139 7.73   Check
1/21/2021   Christopher & Banks Inc. ******2139 25.32   Check
1/21/2021   Christopher & Banks Inc. ******2139 74.06   Check
1/21/2021   Christopher & Banks Inc. ******2139 25.10   Check
1/21/2021   Christopher & Banks Inc. ******2139 29.97   Check
1/21/2021   Christopher & Banks Inc. ******2139 10.00   Check
1/21/2021   Christopher & Banks Inc. ******2139 45.41   Check
1/21/2021   Christopher & Banks Inc. ******2139 72.01   Check
1/21/2021   Christopher & Banks Inc. ******2139 45.90   Check
1/21/2021   Christopher & Banks Inc. ******2139 266.57   Check
1/21/2021   Christopher & Banks Inc. ******2139 8.97   Check
1/21/2021   Christopher & Banks Inc. ******2139 23.38   Check
1/21/2021   Christopher & Banks Inc. ******2139 32.40   Check
1/21/2021   Christopher & Banks Inc. ******2139 13.59   Check
1/21/2021   Christopher & Banks Inc. ******2139 17.67   Check
1/21/2021   Christopher & Banks Inc. ******2139 19.38   Check
1/21/2021   Christopher & Banks Inc. ******2139 7.73   Check
1/21/2021   Christopher & Banks Inc. ******2139 21.29   Check
1/21/2021   Christopher & Banks Inc. ******2139 21.37   Check
1/21/2021   Christopher & Banks Inc. ******2139 29.97   Check
1/21/2021   Christopher & Banks Inc. ******2139 33.88   Check
1/21/2021   Christopher & Banks Inc. ******2139 7.05   Check
1/21/2021   Christopher & Banks Inc. ******2139 6.99   Check
1/21/2021   Christopher & Banks Inc. ******2139 11.74   Check
1/21/2021   Christopher & Banks Inc. ******2139 35.93   Check
1/21/2021   Christopher & Banks Inc. ******2139 63.99   Check
1/21/2021   Christopher & Banks Inc. ******2139 163.43   Check
1/21/2021   Christopher & Banks Inc. ******2139 21.62   Check
1/21/2021   Christopher & Banks Inc. ******2139 24.87   Check
1/21/2021   Christopher & Banks Inc. ******2139 8.12   Check

 

 

 

 

Date   Debtor Account # Amount   Type
1/21/2021   Christopher & Banks Inc. ******2139 960.51   Check
1/28/2021   Christopher & Banks Inc. ******2139 659.04   Check
1/28/2021   Christopher & Banks Inc. ******2139 150.03   Check
1/28/2021   Christopher & Banks Inc. ******2139 400.00   Check
1/28/2021   Christopher & Banks Inc. ******2139 86.19   Check
1/28/2021   Christopher & Banks Inc. ******2139 377.09   Check
1/28/2021   Christopher & Banks Inc. ******2139 234.60   Check
1/28/2021   Christopher & Banks Inc. ******2139 1,573.90   Check
1/28/2021   Christopher & Banks Inc. ******2139 194.23   Check
1/28/2021   Christopher & Banks Inc. ******2139 1,112.32   Check
1/28/2021   Christopher & Banks Inc. ******2139 5.24   Check
1/28/2021   Christopher & Banks Inc. ******2139 440.00   Check
1/28/2021   Christopher & Banks Company ******5782 3,545.78   Check
1/28/2021   Christopher & Banks Inc. ******2139 500.00   Check
1/28/2021   Christopher & Banks Inc. ******2139 240.00   Check
1/28/2021   Christopher & Banks Inc. ******2139 1,904.36   Check
1/28/2021   Christopher & Banks Inc. ******2139 234.37   Check
1/28/2021   Christopher & Banks Corporation ******7918 384.97   Check
1/28/2021   Christopher & Banks Inc. ******2139 93.96   Check
1/28/2021   Christopher & Banks Inc. ******2139 3,562.12   Check
1/28/2021   Christopher & Banks Inc. ******2139 1,541.96   Check
1/29/2021   Christopher & Banks Inc. ******2139 5,748.51   Check
1/29/2021   Christopher & Banks Inc. ******2139 7,373.03   Check
1/29/2021   Christopher & Banks Inc. ******2139 11,960.13   Check
1/29/2021   Christopher & Banks Inc. ******2139 1,528.76   Check
1/29/2021   Christopher & Banks Inc. ******2139 3,074.68   Check
1/29/2021   Christopher & Banks Inc. ******2139 6,762.87   Check
1/29/2021   Christopher & Banks Inc. ******2139 9,877.45   Check
1/29/2021   Christopher & Banks Inc. ******2139 5,066.55   Check
1/29/2021   Christopher & Banks Inc. ******2139 7,746.89   Check
1/29/2021   Christopher & Banks Inc. ******2139 3,923.00   Check
1/29/2021   Christopher & Banks Inc. ******2139 15,688.37   Check
1/29/2021   Christopher & Banks Inc. ******2139 7,955.27   Check
1/29/2021   Christopher & Banks Inc. ******2139 414.37   Check
1/29/2021   Christopher & Banks Inc. ******2139 6,217.39   Check
1/29/2021   Christopher & Banks Inc. ******2139 6,625.61   Check
1/29/2021   Christopher & Banks Inc. ******2139 160.17   Check
1/29/2021   Christopher & Banks Inc. ******2139 2,916.67   Check
1/29/2021   Christopher & Banks Inc. ******2139 28,143.10   Check
1/29/2021   Christopher & Banks Inc. ******2139 10,554.89   Check
1/29/2021   Christopher & Banks Inc. ******2139 7,500.00   Check
1/29/2021   Christopher & Banks Inc. ******2139 26,217.91   Check
1/29/2021   Christopher & Banks Inc. ******2139 10,976.10   Check
1/29/2021   Christopher & Banks Inc. ******2139 2,223.90   Check
1/29/2021   Christopher & Banks Inc. ******2139 6,412.95   Check
1/29/2021   Christopher & Banks Inc. ******2139 4,000.00   Check
1/29/2021   Christopher & Banks Inc. ******2139 4,000.00   Check
1/29/2021   Christopher & Banks Inc. ******2139 7,235.89   Check
1/29/2021   Christopher & Banks Inc. ******2139 16,913.00   Check
1/29/2021   Christopher & Banks Inc. ******2139 8,225.16   Check
1/29/2021   Christopher & Banks Inc. ******2139 12,847.93   Check
1/29/2021   Christopher & Banks Inc. ******2139 3,208.33   Check
1/29/2021   Christopher & Banks Inc. ******2139 1,100.00   Check
1/29/2021   Christopher & Banks Inc. ******2139 6,858.98   Check
1/29/2021   Christopher & Banks Inc. ******2139 4,352.49   Check
1/29/2021   Christopher & Banks Inc. ******2139 2,122.98   Check
1/29/2021   Christopher & Banks Inc. ******2139 716.61   Check
1/29/2021   Christopher & Banks Inc. ******2139 148.73   Check
1/29/2021   Christopher & Banks Inc. ******2139 5,708.33   Check
1/29/2021   Christopher & Banks Inc. ******2139 3,912.69   Check

 

 

 

 

Date   Debtor Account # Amount   Type
1/29/2021   Christopher & Banks Inc. ******2139 10,287.25   Check
1/29/2021   Christopher & Banks Inc. ******2139 4,573.66   Check
1/29/2021   Christopher & Banks Inc. ******2139 8,864.52   Check
1/29/2021   Christopher & Banks Inc. ******2139 4,454.02   Check
1/29/2021   Christopher & Banks Inc. ******2139 8,812.21   Check
1/29/2021   Christopher & Banks Inc. ******2139 2,450.00   Check
1/29/2021   Christopher & Banks Inc. ******2139 7,500.00   Check
1/29/2021   Christopher & Banks Inc. ******2139 17,675.20   Check
1/29/2021   Christopher & Banks Inc. ******2139 19,538.73   Check
1/29/2021   Christopher & Banks Inc. ******2139 1,000.00   Check
1/29/2021   Christopher & Banks Inc. ******2139 3,843.08   Check
1/29/2021   Christopher & Banks Inc. ******2139 5,829.44   Check
1/29/2021   Christopher & Banks Inc. ******2139 4,044.82   Check
1/29/2021   Christopher & Banks Inc. ******2139 12,125.36   Check
1/29/2021   Christopher & Banks Inc. ******2139 11,175.03   Check
1/29/2021   Christopher & Banks Inc. ******2139 7,851.37   Check
1/29/2021   Christopher & Banks Inc. ******2139 1,000.00   Check
1/29/2021   Christopher & Banks Inc. ******2139 1,757.71   Check
1/29/2021   Christopher & Banks Inc. ******2139 9,461.13   Check
1/29/2021   Christopher & Banks Inc. ******2139 5,698.42   Check
1/29/2021   Christopher & Banks Inc. ******2139 10,296.19   Check
1/29/2021   Christopher & Banks Inc. ******2139 7,108.95   Check
1/29/2021   Christopher & Banks Inc. ******2139 6,250.00   Check
1/29/2021   Christopher & Banks Inc. ******2139 12,184.50   Check
1/29/2021   Christopher & Banks Inc. ******2139 30.50   Check
1/29/2021   Christopher & Banks Inc. ******2139 1,193.99   Check
1/29/2021   Christopher & Banks Inc. ******2139 7,012.62   Check
1/29/2021   Christopher & Banks Inc. ******2139 4,216.95   Check
1/29/2021   Christopher & Banks Inc. ******2139 8,375.76   Check
1/29/2021   Christopher & Banks Inc. ******2139 11,451.31   Check
1/29/2021   Christopher & Banks Inc. ******2139 6,934.92   Check
1/29/2021   Christopher & Banks Inc. ******2139 3,516.43   Check
1/29/2021   Christopher & Banks Inc. ******2139 1,483.00   Check
1/29/2021   Christopher & Banks Inc. ******2139 12,803.58   Check
1/29/2021   Christopher & Banks Inc. ******2139 5,411.85   Check
1/29/2021   Christopher & Banks Inc. ******2139 77.00   Check
1/29/2021   Christopher & Banks Inc. ******2139 8,344.53   Check
1/29/2021   Christopher & Banks Inc. ******2139 1,083.00   Check
1/29/2021   Christopher & Banks Inc. ******2139 9,536.18   Check
1/29/2021   Christopher & Banks Inc. ******2139 3,860.90   Check
1/29/2021   Christopher & Banks Inc. ******2139 1,658.85   Check
1/29/2021   Christopher & Banks Inc. ******2139 3,496.53   Check
1/29/2021   Christopher & Banks Inc. ******2139 4,275.00   Check
1/29/2021   Christopher & Banks Inc. ******2139 4,529.97   Check
1/29/2021   Christopher & Banks Inc. ******2139 260.88   Check
1/29/2021   Christopher & Banks Inc. ******2139 13,821.18   Check
1/29/2021   Christopher & Banks Inc. ******2139 16,969.23   Check
1/29/2021   Christopher & Banks Inc. ******2139 8,500.00   Check
1/29/2021   Christopher & Banks Inc. ******2139 1,850.42   Check
1/29/2021   Christopher & Banks Inc. ******2139 15,436.77   Check
1/29/2021   Christopher & Banks Inc. ******2139 20,623.32   Check
1/29/2021   Christopher & Banks Inc. ******2139 62.00   Check
1/29/2021   Christopher & Banks Inc. ******2139 6,168.17   Check
1/29/2021   Christopher & Banks Inc. ******2139 14,897.16   Check
1/29/2021   Christopher & Banks Inc. ******2139 20,139.05   Check
1/29/2021   Christopher & Banks Inc. ******2139 5,231.77   Check
1/29/2021   Christopher & Banks Inc. ******2139 10,520.04   Check
1/29/2021   Christopher & Banks Inc. ******2139 12,414.40   Check
1/29/2021   Christopher & Banks Inc. ******2139 10,880.50   Check
1/29/2021   Christopher & Banks Inc. ******2139 13,006.28   Check

 

 

 

 

Date   Debtor Account # Amount   Type
1/29/2021   Christopher & Banks Inc. ******2139 22,381.07   Check
1/29/2021   Christopher & Banks Inc. ******2139 14,733.52   Check
1/29/2021   Christopher & Banks Inc. ******2139 4,000.00   Check
1/29/2021   Christopher & Banks Inc. ******2139 285.98   Check
1/29/2021   Christopher & Banks Inc. ******2139 26,491.54   Check
1/29/2021   Christopher & Banks Inc. ******2139 18,776.37   Check
1/29/2021   Christopher & Banks Inc. ******2139 17,336.29   Check
1/29/2021   Christopher & Banks Inc. ******2139 4,022.42   Check
1/29/2021   Christopher & Banks Inc. ******2139 6,717.79   Check
1/29/2021   Christopher & Banks Inc. ******2139 14,151.15   Check
1/29/2021   Christopher & Banks Inc. ******2139 1,565.19   Check
1/29/2021   Christopher & Banks Inc. ******2139 768.99   Check
1/29/2021   Christopher & Banks Inc. ******2139 9,594.67   Check
1/29/2021   Christopher & Banks Inc. ******2139 6,065.22   Check
1/29/2021   Christopher & Banks Inc. ******2139 7,379.11   Check
1/29/2021   Christopher & Banks Inc. ******2139 13,442.54   Check
1/29/2021   Christopher & Banks Inc. ******2139 5,500.67   Check
1/29/2021   Christopher & Banks Inc. ******2139 5,200.32   Check
1/29/2021   Christopher & Banks Inc. ******2139 8,316.86   Check
1/29/2021   Christopher & Banks Inc. ******2139 3,745.21   Check
1/29/2021   Christopher & Banks Inc. ******2139 3,478.70   Check
1/29/2021   Christopher & Banks Inc. ******2139 8,298.49   Check
1/29/2021   Christopher & Banks Inc. ******2139 6,811.99   Check
1/29/2021   Christopher & Banks Inc. ******2139 1,517.41   Check
1/29/2021   Christopher & Banks Inc. ******2139 12,679.87   Check
1/29/2021   Christopher & Banks Inc. ******2139 9,226.67   Check
1/29/2021   Christopher & Banks Inc. ******2139 229.45   Check
1/29/2021   Christopher & Banks Inc. ******2139 9,593.60   Check
1/29/2021   Christopher & Banks Inc. ******2139 14,105.79   Check
1/29/2021   Christopher & Banks Inc. ******2139 2,554.17   Check
1/29/2021   Christopher & Banks Inc. ******2139 5,194.15   Check
1/29/2021   Christopher & Banks Inc. ******2139 919.15   Check
1/29/2021   Christopher & Banks Inc. ******2139 850.00   Check
1/29/2021   Christopher & Banks Inc. ******2139 6,423.35   Check
1/29/2021   Christopher & Banks Inc. ******2139 25,549.50   Check
1/29/2021   Christopher & Banks Inc. ******2139 10,175.12   Check
1/29/2021   Christopher & Banks Inc. ******2139 8,708.33   Check
1/29/2021   Christopher & Banks Inc. ******2139 10,823.23   Check
1/29/2021   Christopher & Banks Inc. ******2139 4,132.78   Check
1/29/2021   Christopher & Banks Inc. ******2139 10,202.68   Check
1/29/2021   Christopher & Banks Inc. ******2139 28,981.38   Check
1/29/2021   Christopher & Banks Inc. ******2139 15,425.87   Check
1/29/2021   Christopher & Banks Inc. ******2139 10,323.11   Check
1/29/2021   Christopher & Banks Inc. ******2139 560.28   Check
1/29/2021   Christopher & Banks Inc. ******2139 1,583.33   Check
1/29/2021   Christopher & Banks Inc. ******2139 15,006.96   Check
1/29/2021   Christopher & Banks Inc. ******2139 14,579.85   Check
1/29/2021   Christopher & Banks Inc. ******2139 9,570.07   Check
1/29/2021   Christopher & Banks Inc. ******2139 4,520.60   Check
1/29/2021   Christopher & Banks Inc. ******2139 7,749.38   Check
1/29/2021   Christopher & Banks Inc. ******2139 50.00   Check
1/29/2021   Christopher & Banks Inc. ******2139 6,952.50   Check
1/29/2021   Christopher & Banks Inc. ******2139 2,083.33   Check
1/29/2021   Christopher & Banks Inc. ******2139 8,081.28   Check
1/29/2021   Christopher & Banks Inc. ******2139 8,933.23   Check
1/29/2021   Christopher & Banks Inc. ******2139 8,712.33   Check
1/29/2021   Christopher & Banks Inc. ******2139 10,619.81   Check
1/29/2021   Christopher & Banks Inc. ******2139 8,474.50   Check
1/29/2021   Christopher & Banks Inc. ******2139 2,500.00   Check
1/29/2021   Christopher & Banks Inc. ******2139 3,689.24   Check

 

 

 

 

Date   Debtor Account # Amount   Type
1/29/2021   Christopher & Banks Inc. ******2139 9,116.00   Check
1/29/2021   Christopher & Banks Inc. ******2139 3,310.31   Check
1/29/2021   Christopher & Banks Inc. ******2139 1,562.50   Check
1/29/2021   Christopher & Banks Inc. ******2139 11,516.72   Check
1/29/2021   Christopher & Banks Inc. ******2139 7,023.99   Check
1/29/2021   Christopher & Banks Inc. ******2139 139.40   Check
1/29/2021   Christopher & Banks Inc. ******2139 6,391.69   Check
1/29/2021   Christopher & Banks Inc. ******2139 298.19   Check
1/29/2021   Christopher & Banks Inc. ******2139 16,831.49   Check
1/29/2021   Christopher & Banks Inc. ******2139 13,997.02   Check
1/29/2021   Christopher & Banks Inc. ******2139 12,875.77   Check
1/29/2021   Christopher & Banks Inc. ******2139 8,217.48   Check
1/29/2021   Christopher & Banks Inc. ******2139 9,830.04   Check
1/29/2021   Christopher & Banks Inc. ******2139 13,570.00   Check
1/29/2021   Christopher & Banks Inc. ******2139 7,018.89   Check
1/29/2021   Christopher & Banks Inc. ******2139 8,434.91   Check
1/29/2021   Christopher & Banks Inc. ******2139 9,153.61   Check
1/29/2021   Christopher & Banks Inc. ******2139 5,128.56   Check
1/29/2021   Christopher & Banks Inc. ******2139 7,982.79   Check
1/29/2021   Christopher & Banks Inc. ******2139 2,670.33   Check
1/29/2021   Christopher & Banks Inc. ******2139 674.81   Check
1/29/2021   Christopher & Banks Inc. ******2139 5,833.34   Check
1/29/2021   Christopher & Banks Inc. ******2139 17,199.66   Check
1/29/2021   Christopher & Banks Inc. ******2139 83.33   Check
1/29/2021   Christopher & Banks Inc. ******2139 14,572.83   Check
1/29/2021   Christopher & Banks Inc. ******2139 7,320.00   Check
1/29/2021   Christopher & Banks Inc. ******2139 14,088.29   Check
1/29/2021   Christopher & Banks Inc. ******2139 12,040.22   Check
1/29/2021   Christopher & Banks Inc. ******2139 19,010.71   Check
1/29/2021   Christopher & Banks Inc. ******2139 6,011.35   Check
1/29/2021   Christopher & Banks Inc. ******2139 6,274.04   Check
1/29/2021   Christopher & Banks Inc. ******2139 3,750.00   Check
1/29/2021   Christopher & Banks Inc. ******2139 2,433.00   Check
1/29/2021   Christopher & Banks Inc. ******2139 138.42   Check
1/29/2021   Christopher & Banks Inc. ******2139 13,445.75   Check
1/29/2021   Christopher & Banks Inc. ******2139 6,017.73   Check
1/29/2021   Christopher & Banks Inc. ******2139 7,909.30   Check
1/29/2021   Christopher & Banks Inc. ******2139 4,891.94   Check
1/29/2021   Christopher & Banks Inc. ******2139 1,485.87   Check
1/29/2021   Christopher & Banks Inc. ******2139 7,541.46   Check
1/29/2021   Christopher & Banks Inc. ******2139 1,500.00   Check
1/29/2021   Christopher & Banks Inc. ******2139 17,029.32   Check
1/29/2021   Christopher & Banks Inc. ******2139 6,563.56   Check
1/29/2021   Christopher & Banks Inc. ******2139 20,977.42   Check
1/29/2021   Christopher & Banks Inc. ******2139 2,330.06   Check
1/29/2021   Christopher & Banks Inc. ******2139 6,632.53   Check
1/29/2021   Christopher & Banks Inc. ******2139 210.80   Check
1/29/2021   Christopher & Banks Inc. ******2139 9,059.33   Check
1/29/2021   Christopher & Banks Inc. ******2139 5,210.17   Check
1/29/2021   Christopher & Banks Inc. ******2139 2,666.67   Check
1/29/2021   Christopher & Banks Inc. ******2139 7,700.55   Check
1/29/2021   Christopher & Banks Inc. ******2139 15,870.93   Check
1/29/2021   Christopher & Banks Inc. ******2139 195.35   Check
1/29/2021   Christopher & Banks Inc. ******2139 2,500.00   Check
1/29/2021   Christopher & Banks Inc. ******2139 9,500.00   Check
1/29/2021   Christopher & Banks Inc. ******2139 1,833.33   Check
1/29/2021   Christopher & Banks Inc. ******2139 8,742.75   Check
1/29/2021   Christopher & Banks Inc. ******2139 24,362.26   Check
1/29/2021   Christopher & Banks Inc. ******2139 15,432.11   Check
1/29/2021   Christopher & Banks Inc. ******2139 4,735.43   Check

 

 

 

 

Date   Debtor Account # Amount   Type
1/29/2021   Christopher & Banks Inc. ******2139 833.84   Check
1/29/2021   Christopher & Banks Inc. ******2139 647.76   Check
1/29/2021   Christopher & Banks Inc. ******2139 14,189.32   Check
1/29/2021   Christopher & Banks Inc. ******2139 12,498.68   Check
1/29/2021   Christopher & Banks Inc. ******2139 6,280.00   Check
1/29/2021   Christopher & Banks Inc. ******2139 30.00   Check
1/29/2021   Christopher & Banks Inc. ******2139 7,260.24   Check
1/29/2021   Christopher & Banks Inc. ******2139 13,249.41   Check
1/29/2021   Christopher & Banks Inc. ******2139 8,141.16   Check
1/29/2021   Christopher & Banks Inc. ******2139 19,167.75   Check
1/29/2021   Christopher & Banks Inc. ******2139 18,387.01   Check
1/29/2021   Christopher & Banks Inc. ******2139 790.86   Check
1/29/2021   Christopher & Banks Inc. ******2139 15,729.22   Check
1/29/2021   Christopher & Banks Inc. ******2139 1,755.50   Check
1/29/2021   Christopher & Banks Inc. ******2139 5,109.05   Check
1/29/2021   Christopher & Banks Inc. ******2139 9,511.66   Check
1/29/2021   Christopher & Banks Inc. ******2139 16,053.76   Check
1/29/2021   Christopher & Banks Inc. ******2139 8,397.72   Check
1/29/2021   Christopher & Banks Inc. ******2139 1,122.89   Check
1/29/2021   Christopher & Banks Inc. ******2139 9,976.90   Check
1/29/2021   Christopher & Banks Inc. ******2139 11,250.00   Check
1/29/2021   Christopher & Banks Inc. ******2139 1,666.67   Check
1/29/2021   Christopher & Banks Inc. ******2139 8,657.18   Check
1/29/2021   Christopher & Banks Inc. ******2139 9,932.38   Check
1/29/2021   Christopher & Banks Inc. ******2139 7,817.19   Check
1/29/2021   Christopher & Banks Inc. ******2139 831.33   Check
1/29/2021   Christopher & Banks Inc. ******2139 5,845.67   Check
1/29/2021   Christopher & Banks Inc. ******2139 751.75   Check
1/29/2021   Christopher & Banks Inc. ******2139 28.00   Check
1/29/2021   Christopher & Banks Inc. ******2139 6,596.66   Check
1/29/2021   Christopher & Banks Inc. ******2139 14,032.35   Check
1/29/2021   Christopher & Banks Inc. ******2139 11,666.67   Check
1/29/2021   Christopher & Banks Inc. ******2139 7,128.40   Check
1/29/2021   Christopher & Banks Inc. ******2139 430.47   Check
1/29/2021   Christopher & Banks Inc. ******2139 12,188.34   Check
1/29/2021   Christopher & Banks Inc. ******2139 9,069.86   Check
1/29/2021   Christopher & Banks Inc. ******2139 9,103.81   Check
1/29/2021   Christopher & Banks Inc. ******2139 9,165.87   Check
1/29/2021   Christopher & Banks Inc. ******2139 332.00   Check
1/29/2021   Christopher & Banks Inc. ******2139 2,172.50   Check
1/29/2021   Christopher & Banks Inc. ******2139 7,500.18   Check
1/29/2021   Christopher & Banks Inc. ******2139 1,265.54   Check
1/29/2021   Christopher & Banks Inc. ******2139 3,566.67   Check
1/29/2021   Christopher & Banks Inc. ******2139 406.92   Check
1/29/2021   Christopher & Banks Inc. ******2139 1,408.33   Check
1/29/2021   Christopher & Banks Inc. ******2139 1,225.00   Check
1/29/2021   Christopher & Banks Inc. ******2139 16,967.21   Check
1/29/2021   Christopher & Banks Inc. ******2139 8,476.27   Check
1/29/2021   Christopher & Banks Inc. ******2139 5,285.13   Check
1/29/2021   Christopher & Banks Inc. ******2139 6,939.81   Check
1/29/2021   Christopher & Banks Inc. ******2139 13,900.80   Check
1/29/2021   Christopher & Banks Inc. ******2139 5,000.00   Check
1/29/2021   Christopher & Banks Inc. ******2139 1,370.69   Check
1/29/2021   Christopher & Banks Inc. ******2139 12,115.00   Check
1/29/2021   Christopher & Banks Inc. ******2139 11,130.24   Check
1/29/2021   Christopher & Banks Inc. ******2139 268.60   Check
1/29/2021   Christopher & Banks Inc. ******2139 2,000.00   Check
1/29/2021   Christopher & Banks Inc. ******2139 13,347.89   Check
1/29/2021   Christopher & Banks Inc. ******2139 3,097.74   Check
1/29/2021   Christopher & Banks Inc. ******2139 20.00   Check

 

 

 

 

Date   Debtor Account # Amount   Type
1/29/2021   Christopher & Banks Inc. ******2139 12,865.09   Check
1/29/2021   Christopher & Banks Inc. ******2139 5,247.13   Check
1/29/2021   Christopher & Banks Inc. ******2139 995.42   Check
1/29/2021   Christopher & Banks Inc. ******2139 1,875.00   Check
1/29/2021   Christopher & Banks Inc. ******2139 1,341.67   Check
1/29/2021   Christopher & Banks Inc. ******2139 6,584.00   Check
1/29/2021   Christopher & Banks Inc. ******2139 9,332.61   Check
1/29/2021   Christopher & Banks Inc. ******2139 7,927.43   Check
1/29/2021   Christopher & Banks Inc. ******2139 7,894.35   Check
1/29/2021   Christopher & Banks Inc. ******2139 7,178.73   Check
1/29/2021   Christopher & Banks Inc. ******2139 8,688.74   Check
1/29/2021   Christopher & Banks Inc. ******2139 28.17   Check
1/29/2021   Christopher & Banks Inc. ******2139 827.41   Check
1/29/2021   Christopher & Banks Inc. ******2139 15,657.86   Check
1/29/2021   Christopher & Banks Inc. ******2139 18,776.80   Check
1/29/2021   Christopher & Banks Inc. ******2139 14,883.88   Check
1/29/2021   Christopher & Banks Inc. ******2139 7,522.11   Check
1/29/2021   Christopher & Banks Inc. ******2139 304.53   Check
1/29/2021   Christopher & Banks Inc. ******2139 11,405.48   Check
1/29/2021   Christopher & Banks Inc. ******2139 1,751.02   Check
1/29/2021   Christopher & Banks Inc. ******2139 6,542.76   Check
1/29/2021   Christopher & Banks Inc. ******2139 937.63   Check
1/29/2021   Christopher & Banks Inc. ******2139 1,628.84   Check
1/29/2021   Christopher & Banks Inc. ******2139 4,124.94   Check
1/29/2021   Christopher & Banks Inc. ******2139 11,569.77   Check
1/29/2021   Christopher & Banks Inc. ******2139 3,300.54   Check
1/29/2021   Christopher & Banks Inc. ******2139 11,755.86   Check
1/29/2021   Christopher & Banks Inc. ******2139 8,899.18   Check
1/29/2021   Christopher & Banks Inc. ******2139 10,599.67   Check
1/29/2021   Christopher & Banks Inc. ******2139 2,039.55   Check
1/29/2021   Christopher & Banks Inc. ******2139 7,630.80   Check
1/29/2021   Christopher & Banks Inc. ******2139 1,666.67   Check
1/29/2021   Christopher & Banks Inc. ******2139 5,050.00   Check
1/29/2021   Christopher & Banks Inc. ******2139 14,336.74   Check
1/29/2021   Christopher & Banks Inc. ******2139 1,932.95   Check
1/29/2021   Christopher & Banks Inc. ******2139 6,297.00   Check
1/29/2021   Christopher & Banks Inc. ******2139 12,981.60   Check
1/29/2021   Christopher & Banks Inc. ******2139 700.63   Check
1/29/2021   Christopher & Banks Inc. ******2139 7,740.43   Check
1/29/2021   Christopher & Banks Inc. ******2139 2,048.50   Check
1/29/2021   Christopher & Banks Inc. ******2139 1,874.67   Check
1/29/2021   Christopher & Banks Inc. ******2139 6,366.98   Check
1/29/2021   Christopher & Banks Inc. ******2139 4,076.80   Check
1/29/2021   Christopher & Banks Inc. ******2139 3,649.65   Check
1/29/2021   Christopher & Banks Inc. ******2139 5,774.47   Check
1/29/2021   Christopher & Banks Inc. ******2139 18,051.27   Check
1/29/2021   Christopher & Banks Inc. ******2139 4,989.79   Check
1/29/2021   Christopher & Banks Inc. ******2139 3,000.00   Check
1/29/2021   Christopher & Banks Inc. ******2139 1,250.00   Check
1/29/2021   Christopher & Banks Inc. ******2139 13,867.46   Check
1/29/2021   Christopher & Banks Inc. ******2139 8,007.56   Check
1/29/2021   Christopher & Banks Inc. ******2139 15,234.43   Check
1/29/2021   Christopher & Banks Inc. ******2139 1,146.22   Check
1/29/2021   Christopher & Banks Inc. ******2139 611.22   Check
1/29/2021   Christopher & Banks Inc. ******2139 13,789.90   Check
1/29/2021   Christopher & Banks Inc. ******2139 4,061.00   Check
1/29/2021   Christopher & Banks Inc. ******2139 3,541.67   Check
1/29/2021   Christopher & Banks Inc. ******2139 5,390.36   Check
1/29/2021   Christopher & Banks Inc. ******2139 6,840.00   Check
1/29/2021   Christopher & Banks Inc. ******2139 48.31   Check

 

 

 

 

Date   Debtor Account # Amount   Type
1/15/2021   Christopher & Banks Inc. ******7926 75.56   EFT
1/20/2021   Christopher & Banks Inc. ******7926 1,297,738.06   EFT
1/21/2021   Christopher & Banks Inc. ******7926 2,814.16   EFT
1/22/2021   Christopher & Banks Inc. ******7926 258.58   EFT
1/25/2021   Christopher & Banks Inc. ******7926 655.38   EFT
1/29/2021   Christopher & Banks Inc. ******7926 2,542.56   EFT
1/14/2021   Christopher & Banks Company ******6251 167,830.51   EFT
1/20/2021   Christopher & Banks Company ******7807 119,401.72   EFT
1/21/2021   Christopher & Banks Company ******6251 610,816.57   EFT
1/20/2021   Christopher & Banks Corporation ******7897 126,802.63   EFT
1/14/2021   Christopher & Banks Company ******0850 337,919.67   EFT
1/19/2021   Christopher & Banks Company ******0850 4,457,774.12   EFT
1/22/2021   Christopher & Banks Company ******0850 4,889,078.37   EFT
1/25/2021   Christopher & Banks Company ******0850 1,248,082.73   EFT
1/26/2021   Christopher & Banks Company ******0850 3,287,844.18   EFT
1/27/2021   Christopher & Banks Company ******0850 1,076,672.02   EFT
1/28/2021   Christopher & Banks Company ******0850 1,767,565.70   EFT
1/29/2021   Christopher & Banks Company ******0850 871,073.63   EFT
1/14/2021   Christopher & Banks Inc. ******1108 112,581.68   EFT
1/19/2021   Christopher & Banks Inc. ******1108 55,910.21   EFT
1/22/2021   Christopher & Banks Inc. ******1108 334,880.71   EFT
1/25/2021   Christopher & Banks Inc. ******1108 731,815.77   EFT
1/26/2021   Christopher & Banks Inc. ******1108 134,889.16   EFT
1/27/2021   Christopher & Banks Inc. ******1108 124,804.01   EFT
1/28/2021   Christopher & Banks Inc. ******1108 32,862.02   EFT
1/29/2021   Christopher & Banks Inc. ******1108 3,481.76   EFT

 

 

 

 

CHRISTOPHER & BANKS CORPORATION, et al. DEBTORS AND DEBTORS IN POSSESSION

 

Bank Reconciliation (unaudited, in $s)

 

For period from January 14, 2020 to January 30, 2020

 

Debtor Name of institution (bank or brokerage firm) Type of account Account number (last
4 digits)		 Current value of
debtor's interest
Christopher & Banks Company Wells Fargo Bank, N.A. Collateral Account ******0850 918,846.40
Christopher & Banks Inc. Wells Fargo Bank, N.A. Medical Claims Account ******1809 -
Christopher & Banks Inc. Wells Fargo Bank, N.A. Controlled Disbursement Account ******2139 -
Christopher & Banks Corporation Wells Fargo Bank, N.A. PPP Account ******3891 -
Christopher & Banks Inc. Wells Fargo Bank, N.A. Operating Account ******5592 -
Christopher & Banks Company Wells Fargo Bank, N.A. Disbursement Account ******5782 -
Christopher & Banks Company Wells Fargo Bank, N.A. Payroll Tax Account ******6251 -
Christopher & Banks Corporation Wells Fargo Bank, N.A. Term Loan Priority Account ******7511 -
Christopher & Banks Company Wells Fargo Bank, N.A. Payroll Account ******7807 -
Christopher & Banks Corporation Wells Fargo Bank, N.A. Payroll Account ******7897 -
Christopher & Banks Corporation Wells Fargo Bank, N.A. Operating Account ******7918 -
Christopher & Banks Inc. Wells Fargo Bank, N.A. Payroll Account ******7926 -
Christopher & Banks Company Wells Fargo Bank, N.A. Master Funding Account ******8979 5,280,964.40
Christopher & Banks Inc. Arvest Bank Store Depository Account – Consolidated ****9399 11,185.07
Christopher & Banks Inc. Bank of America Store Depository Account – Consolidated ******3395 12,196.83
Christopher & Banks Inc. Branch Banking and Trust Company (BB&T) Store Depository Account – Consolidated *********8577 14,535.55
Christopher & Banks Inc. Commerce Bank Store Depository Account – Consolidated *****6797 19,796.12
Christopher & Banks Inc. Fifth Third Bank Store Depository Account – Consolidated ******3096 48,768.78
Christopher & Banks Inc. JPMorgan Chase Bank, N.A. Store Depository Account – Consolidated *****1937 21,804.63
Christopher & Banks Inc. KeyBank Store Depository Account – Consolidated ********2610 31,872.17
Christopher & Banks Inc. M&T Bank Corporation Store Depository Account – Consolidated ******6907 13,448.87
Christopher & Banks Inc. PNC Bank Store Depository Account – Consolidated ******0575 12,960.07
Christopher & Banks Inc. Regions Bank Store Depository Account – Consolidated ******4810 14,468.04
Christopher & Banks Inc. U.S. Bank Store Depository Account – Consolidated *-***-****-0186 20,148.88
Christopher & Banks Inc. Wells Fargo Bank, N.A. Store Depository Account – Consolidated ******1108 663,778.29
Christopher & Banks Inc. All America Bank Store Depository Account – Store #3210 (Oklahoma City, OK) *******4289 3,596.02
Christopher & Banks Inc. Badger Bank Store Depository Account – Store #3221 (Johnson Creek, WI) ***429 4,145.78
Christopher & Banks Inc. Bank of the West Store Depository Account – Store #4209 (Decorah, IA) *****4177 4,701.35
Christopher & Banks Inc. Bank of Wisconsin Dells Store Depository Account – Store #3208 (Baraboo, WI) ***089 3,733.64
Christopher & Banks Inc. BMO Harris Bank Store Depository Account – Store #4318 (Marshfield, WI) ******7758 3,159.19
Christopher & Banks Inc. BMO Harris Bank Store Depository Account – Store #4022 (Plover, WI) ******9029 6,242.11
Christopher & Banks Inc. Branson Bank Store Depository Account – Store #3206 (Branson, MO) ***452 6,455.52
Christopher & Banks Inc. CenterState Bank Store Depository Account – Store #3271 (St. Augustine, FL) ****799 2,918.95
Christopher & Banks Inc. Chemung Canal Trust Co. Store Depository Account – Store #4289 (Horseheads, NY) *****0866 3,287.71
Christopher & Banks Inc. CIBM Bank Store Depository Account – Store #4065 (Danville, IL) ***2333 3,285.30
Christopher & Banks Inc. Citizens Bank Store Depository Account – Store #4069 (Victor, NY) ******2632 3,676.80
Christopher & Banks Inc. Citizens Bank Store Depository Account – Store #3270 (Westbrook, CT) ******9501 3,054.81
Christopher & Banks Inc. City National Bank Store Depository Account – Store #4015 (Mt. Hope, WV) ******1615 5,289.87
Christopher & Banks Inc. Commercial Savings Bank Store Depository Account – Store #4127 (Carroll, IA) ***922 3,766.62
Christopher & Banks Inc. Commonwealth Bank & Trust Company Store Depository Account – Store #3241 (Simpsonville, KY) ***2743 5,189.96
Christopher & Banks Inc. Coreplus Credit Union Store Depository Account – Store #3306 (Mashantucket, CT) ***519 3,894.76
Christopher & Banks Inc. County Bank Store Depository Account – Store #3212 (Williamsburg, IA) **5292 4,384.10
Christopher & Banks Inc. Equity Bank Store Depository Account – Store #4291 (Liberal, KS) ***155 5,312.32
Christopher & Banks Inc. F&M Bank and Trust Co. Store Depository Account – Store #4130 (West Burlington, IA) ****109 3,561.83
Christopher & Banks Inc. First Bankers Trust Co. Store Depository Account – Store #4400 (Quincy, IL) **578 5,684.26
Christopher & Banks Inc. First Financial Bank Store Depository Account – Store #3207 (Edinburgh, IN) ******7829 3,973.08
Christopher & Banks Inc. First Horizon Store Depository Account – Store #3253 (Pigeon Forge, TN) *****5002 5,474.32
Christopher & Banks Inc. First National Bank Store Depository Account – Store #4148 (Johnstown, PA) ****1391 4,923.00
Christopher & Banks Inc. First National Bank and Trust Company Store Depository Account – Store #4037 (Iron Mountain, MI) ***922 3,851.01
Christopher & Banks Inc. First State Bank of Red Wing Store Depository Account – Store #3229 (Medford, MN) ***251 5,680.16
Christopher & Banks Inc. Five Star Bank Store Depository Account – Store #3237 (Waterloo, NY) *****6657 3,569.20
Christopher & Banks Inc. Flagstar Bank, FSB Store Depository Account – Store #4276 (Brighton, MI) *****6306 3,418.49
Christopher & Banks Inc. Flagstar Bank, FSB Store Depository Account – Store #4314 (Escanaba, MI) *****8961 4,076.42
Christopher & Banks Inc. Flagstar Bank, FSB Store Depository Account – Store #4085 (Fort Wayne, IN) *****8987 6,261.48
Christopher & Banks Inc. Flagstar Bank, FSB Store Depository Account – Store #3250 (Fremont, IN) *****9068 4,098.70
Christopher & Banks Inc. Glens Falls National Bank & Trust Co. Store Depository Account – Store #3242 (Lake George, NY) ****1762 3,970.96
Christopher & Banks Inc. Hawthorn Bank Store Depository Account – Store #4263 (Jefferson City, MO) *********6935 3,429.52
Christopher & Banks Inc. Hometown National Bank Store Depository Account – Store #4101 (Peru, IL) ********8901 3,200.41
Christopher & Banks Inc. Huntington National Bank Store Depository Account – Store #4302 (Monaca, PA) *******3057 3,624.34
Christopher & Banks Inc. Huntington National Bank Store Depository Account – Store #4397 (Springfield, OH) *******8099 5,481.80
Christopher & Banks Inc. Huntington National Bank Store Depository Account – Store #3219 (Burbank, OH) *******8235 4,747.53
Christopher & Banks Inc. Huntington National Bank Store Depository Account – Store #4422 (Fairfield Township, OH) ******7776 3,255.95
Christopher & Banks Inc. Midland States Bank Store Depository Account – Store #4205 (Effingham, IL) ******3641 4,769.37
Christopher & Banks Inc. NBT Bank Store Depository Account – Store #3254 (Essex Junction, VT) ******1701 3,083.22
Christopher & Banks Inc. Neighborhood National Bank Store Depository Account – Store #3209 (North Branch, MN) ******5101 4,418.71
Christopher & Banks Inc. Northway Bank Store Depository Account – Store #3268 (North Conway, NH) ****977 3,800.91
Christopher & Banks Inc. Northway Bank Store Depository Account – Store #3235 (Tilton, NH) ****347 3,884.27
Christopher & Banks Inc. Orrstown Bank (formerly First Community Bank) Store Depository Account – Store #4110 (Chambersburg, PA) ***0461 4,244.03
Christopher & Banks Inc. Orrstown Bank (formerly First Community Bank) Store Depository Account – Store #4176 (Bluefield, WV) ***9391 3,399.84
Christopher & Banks Inc. Park National Bank Store Depository Account – Store #3203 (Jeffersonville, OH) *********1086 4,219.89
Christopher & Banks Inc. People’s United Bank Store Depository Account – Store #4347 (South Burlington, VT) ******3157 3,449.73
Christopher & Banks Inc. Pinnacle Bank Store Depository Account – Store #3284 (Gretna, NE) ******7586 3,350.93
Christopher & Banks Inc. South State Bank Store Depository Account – Store #3278 (Commerce, GA) *********5048 3,577.95
Christopher & Banks Inc. Sunflower Bank Store Depository Account – Store #192/912 (Salina, KS) ******6360 9,024.28
Christopher & Banks Inc. TNB Bank Store Depository Account – Store #3213 (Tuscola, IL) ***73 3,645.85
Christopher & Banks Inc. Trustco Bank Store Depository Account – Store #4321 (Schenectady, NY) ****9984 3,287.17
Christopher & Banks Inc. United Bank Store Depository Account – Store #4333 (Vienna, WV) ******7413 4,103.80
Christopher & Banks Inc. United Bank Store Depository Account – Store #406/900 (Charleston, WV) *****6600 6,063.55
Christopher & Banks Inc. Webster Bank Store Depository Account – Store #4123 (South Windsor, CT) ***0253 3,837.70
Christopher & Banks Inc. WesBanco Store Depository Account – Store #4395 (Barboursville, WV) *****0036 4,204.62
Christopher & Banks Inc. WesBanco Bank, Inc. Store Depository Account – Store #4158 (Morgantown, WV) ******6225 3,618.41
Christopher & Banks Inc. Wilson Bank & Trust Store Depository Account – Store #3215 (Lebanon, TN) ***681 5,270.26
Christopher & Banks Inc. Citizens National Bank Store Depository Account - Store #4348 (Somerset, KY) ****1025 4,159.53

 

 

 

 

CHRISTOPHER & BANKS CORPORATION, et al.
DEBTORS AND DEBTORS IN POSSESSION

 

Total Disbursements to Retained Professionals (unaudited, in thousands)
For period from January 14, 2020 to January 30, 2020

 

Retained Professionals  Role  Current Month
Disbursements1		   Cumulative
Disbursements1		 
Cole Schotz  Debtor Counsel  -   - 
Berkeley Research Group  Debtor Financial Advisor   -    - 
B. Riley Securities  Debtor Investment Banker   -    - 
Omni Agent Solutions  Noticing Agent   -    - 
Hilco Merchant Resources  Debtor Liquidator   542    542 
   Debttor Special Corporate and          
Dorsey & Whitney      -    - 
   Securities Counsel          
FTI Consulting  UCC Financial Advisor   -    - 
Pachulski Stang Ziehl & Jones  UCC Counsel   -    - 
Kelley Drye & Warren  UCC Co-Counsel   -    - 
Total     $542   $542 

 

1Disbursements exclude amounts funded to professional fee escrow account          

 

 

 

 

CHRISTOPHER & BANKS CORPORATION, et al.
DEBTORS AND DEBTORS IN POSSESSION

 

Consolidated Statement of Operations

 

January 14, 2021 through January 30, 2021

Unaudited  

 

   Jan 14, 2021 thru Jan 
   30, 2021 
Net sales  $27,721,395 
Merchandise costs   10,888,206 
Merchandise margin   16,833,188 
Occupancy   2,168,115 
eCommerce COGS   1,150,273 
Freight (excl eCom)   592,920 
Other COGS   120,819 
Cost of goods sold   14,920,333 
Gross profit   12,801,062 
      
Store payroll and related   2,175,930 
Store operations   435,556 
Corporate   770,607 
Medical   252,863 
Marketing   269,855 
eCommerce SG&A   539,106 
Professional services   1,281,829 
IT   124,631 
Travel   5,336 
Insurance and taxes   134,013 
Leased vehicles   15,097 
Recruiting & training   561 
Other SG&A   (203,742)
Selling, general & admin   5,801,642 
Depreciation and amortization   342,588 
Impairment of store assets   - 
Operating income (loss)   6,656,832 
Interest expense, net   20,198 
Other income (expense)   - 
Income (loss) before taxes   6,636,634 
Income tax provision (benefit)   - 
Net income (loss)  $6,636,634 

 

 

 

 

CHRISTOPHER & BANKS CORPORATION, et al.
DEBTORS AND DEBTORS IN POSSESSION

 

Consolidated Balance Sheet

January 30, 2021

Unaudited    

 

   January 30, 2021 
ASSETS    
Current Assets     
Cash and Cash Equivalents  $5,421,061 
Cash Collateral Held by Lenders   6,136,563 
Accounts Receivable   3,789,400 
Merchandise Inventories   14,825,244 
Prepaid Expenses   3,308,236 
Prepaid Income Taxes   142,278 
Other Current Assets   956,891 
Total Current Assets   34,579,673 
Property, Equipment and Improvements     
Corp Office, DC and Related Bldg Improvements   1,368,273 
Store Leasehold Improvements   52,825,541 
Store Furniture and Fixtures   72,618,098 
POS Hardware and Software   2,796,446 
Corp Office, DC Furniture, Fixtures and Equip   5,222,684 
Computer Equipment and Software   30,597,705 
Construction in Process   17,429 
Less Accum Depreciation and Amort   (147,202,279)
Net Property, Equipment and Improvements   18,243,897 
Right of Use Assets   89,679,880 
Other Assets     
Deferred Tax Asset   613,438 
Other Long-Term Assets   3,756,040 
Total Other Assets   4,369,478 
Total Assets  $146,872,928 
LIABILITIES AND STOCKHOLDERS' EQUITY     
Current Liabilities     
Accounts Payable  $39,091,941 
Accrued Liabilities   18,151,621 
Short Term Debt   10,393,362 
Income Taxes Payable   37,893 
Short Term Lease Liabilities   21,140,554 
Total Current Liabilities   88,815,371 
Other Liabilities     
Deferred Taxes   196,456 
Noncurrent Lease Liabilities   84,097,883 
Long-Term Debt   10,000,000 
Other Long-Term Liabilities   3,464,564 
Total Other Liabilities   97,758,903 
Stockholders' Equity     
Common Stock   453,545 
Additional Paid in Capital   130,016,617 
Common Stock held in Treassury, at Cost   (112,874,591)
Retained Earnings (deficit)   (57,296,917)
Total Stockholders' Equity   (39,701,346)
Total Liabilities and Stockholders' Equity  $146,872,928 

 

 

 

 

CHRISTOPHER & BANKS CORPORATION, et al.
DEBTORS AND DEBTORS IN POSSESSION

 

Summary of Unpaid Post-Petition Taxes (unaudited, in Thousands)

 

The Debtors continue to file post-petition tax returns and pay post-petition taxes in the ordinary course of business. If payments become past due the Debtors will include a schedule in the MOR listing past due post-petition taxes.

 

 

 

 

CHRISTOPHER & BANKS CORPORATION, et al.
DEBTORS AND DEBTORS IN POSSESSION

Summary of Unpaid Post-Petition Debts (unaudited, in Thousands)

Summary of Unpaid Post Petition Debts(unaudited, in Thousands)

 

The Debtors continue to pay post-petition debts in the ordinary course of business1. If payments become past due the Debtors will include a schedule in the MOR listing past due post-petition debts.

 

1Pursuant to the Debtors’ cash collateral order and related budget, stub rent remained unpaid as of January 30, 2021 and was paid during the month of February 2021

 

 

 

 

CHRISTOPHER & BANKS CORPORATION, et al.
DEBTORS AND DEBTORS IN POSSESSION

 

TRADE RECEIVABLES AGING

 

Accounts Receivable Aging Amount
January 30, 2021		  
0 - 30 days old 3,358,143  
31 - 60 days old 0  
61 - 90 days old 0  
91+ days old 0  
Total Accounts Receivable 3,358,143  
Amount considered uncollectible (Bad Debt) 0  
Accounts Receivable (Net) 3,358,143  

 

DEBTOR QUESTIONNAIRE

 

Must be completed each month Yes No
1. Have any assets been sold or transferred outside the normal course of business this reporting period? If yes, provide an explanation below.   X
2. Have any funds been disbursed from any account other than a debtor in possession account this reporting period? If yes, provide an explanation below.   X
3. Have all postpetition tax returns been timely filed? If no, provide an explanation below. X  
4. Are workers compensation, general liability and other necessary insurance coverages in effect? If no, provide an explanation below. X  
5. Has any bank account been opened during the reporting period? If yes, provide documentation identifying the opened account(s). If an investment account has been opened provide the required documentation pursuant to the Delaware Local Rule 4001-3.   X

 

 

 

 

Commercial Checking Account      
Account number:   0850  ■ January 1, 2021 - January 29, 2021 ■ Page 1 of 10  
               

  

  Questions?
   
  Call your Customer Service Officer or Client Services
  1-800-AT WELLS (1-800-289-3557)
CHRISTOPHER AND BANKS COMPANY 5:00 AM TO 6:00 PM Pacific Time Monday - Friday
DEBTOR IN POSSESSION  
CH 11 CASE 21-10269-ABA Online: wellsfargo.com
2400 XENIUM LN N Write: Wells Fargo Bank, N.A. (300)
PLYMOUTH MN 55441-3626   Minneapolis Wholesale
    PO Box 63020
    San Francisco, CA 94163

 

Account summary

 

Commercial Checking Account

 

Account number   Beginning balance   Total credits   Total debits   Ending balance
  0850   $75,312.66   $25,149,487.54   -$24,305,953.80   $918,846.40
                   

 

Credits
Electronic deposits/bank credits

 

Effective
date		   Posted
date		   Amount   Transaction detail
    01/04   54,899.68    
    01/04   51,772.43    
    01/04   33,018.63    
    01/04   24,884.25    
    01/04   170,503.20    
             
    01/04   159,928.90    
             
    01/04   122,307.99    
             
    01/04   121,676.73    
             
    01/04   115,766.91    
             
    01/04   98,564.91    
             
    01/04   85,467.24    
             
    01/04   73,365.83    
             
    01/04   18,095.98    
    01/04   13,896.57    
    01/04   12,983.01    
    01/04   174,122.77    

  

(300)
Sheet Seq = 0048884
Sheet 00001 of 00010

 

 

 

 

Account number:   0850  ■ January 1, 2021 - January 29, 2021 ■ Page 2 of 10  
               

  

Electronic deposits/bank credits (continued)
Effective
date		   Posted
date		   Amount   Transaction detail
    01/04   144,541.72    
    01/05   67,727.53    
    01/05   75,408.50    
             
    01/05   74,753.17    
             
    01/05   8,412.93    
    01/05   148,043.45    
    01/05   147,884.56    
    01/06   69,143.54    
    01/06   68,048.57    
             
    01/06   63,896.24    
             
    01/06   10,690.84    
    01/06   379,242.52    
    01/06   120,685.04    
    01/06   89,021.08    
    01/06   78,683.73    
    01/06   62,654.88    
    01/07   90,042.70    
    01/07   76,566.84    
             
    01/07   60,987.99    
             
    01/07   12,172.62    
    01/07   155,654.21    
    01/07   71,018.46    
    01/08   74,860.73    
    01/08   73,951.43    
             
    01/08   56,775.30    
             
    01/08   12,416.46    
    01/08   197,616.75    
    01/08   90,620.75    
    01/11   70,571.49    
    01/11   57,601.87    
    01/11   21,834.65    
    01/11   13.64    
    01/11   162,492.54    
             
    01/11   142,142.33    
             
    01/11   91,810.35    

 

Sheet Seq = 0048885
Sheet 00002 of 00010

 

 

 

 

Account number:   0850  ■ January 1, 2021 - January 29, 2021 ■ Page 3 of 10  
               

  

Electronic deposits/bank credits (continued)
Effective
date		   Posted
date		   Amount   Transaction detail
    01/11   87,157.28    
             
    01/11   77,766.36    
             
    01/11   62,872.38    
             
    01/11   19,045.62    
    01/11   12,272.53    
    01/11   166,879.06    
    01/11   128,397.18    
    01/12   58,869.31    
    01/12   71,214.63    
             
    01/12   12,130.16    
             
    01/12   10,527.03    
    01/12   141,148.07    
    01/12   116,203.31    
    01/13   47,390.19    
    01/13   47,596.46    
             
    01/13   10,184.29    
    01/13   338,366.47    
    01/13   137,548.75    
    01/13   129,437.89    
    01/13   124,426.48    
    01/14   51,593.91    
    01/14   51,041.54    
             
    01/14   14,113.64    
             
    01/14   8,058.92    
    01/14   119,749.58    
    01/14   99,515.72    
    01/15   49,693.95    
    01/15   70,813.79    
             
    01/15   50,164.23    
             
    01/15   11,275.67    
    01/15   122,294.06    
    01/15   118,051.01    
    01/19   89,202.84    
    01/19   68,007.01    
    01/19   58,399.95    
    01/19   29,179.62    
    01/19   54.90    

Sheet Seq = 0048886
Sheet 00003 of 00010

 

 

 

Account number:   0850  ■ January 1, 2021 - January 29, 2021 ■ Page 4 of 10  
               

  

             
Electronic deposits/bank credits (continued)
Effective
date		   Posted
date		   Amount   Transaction detail
    01/19   936,839.27    
             
    01/19   657,322.37    
             
    01/19   519,889.20    
             
    01/19   363,173.22    
             
    01/19   313,717.12    
             
    01/19   234,276.58    
             
    01/19   164,970.73    
             
    01/19   140,851.94    
             
    01/19   73,531.35    
    01/19   35,373.68    
    01/19   14,125.20    
    01/19   214,743.24    
    01/19   128,758.46    
    01/19   112,066.76    
    01/20   66,193.81    
    01/20   680,243.47    
             
    01/20   395,969.82    
             
    01/20   42,221.63    
    01/20   133,773.80    
    01/21   41,453.84    
    01/21   60.80    
    01/21   509,990.03    
             
    01/21   252,067.63    
             
    01/21   26,339.75    
    01/21   651,516.33    
    01/21   635,775.88    
    01/21   618,589.01    
    01/21   448,612.01    
    01/21   297,067.72    
    01/22   57,832.98    
    01/22   391,269.40    
             
    01/22   226,463.80    
             
    01/22   21,084.43    

 

Sheet Seq = 0048887

Sheet 00004 of 00010

 

 

 

 

Account number:   0850  ■ January 1, 2021 - January 29, 2021 ■ Page 5 of 10  
               

  

Electronic deposits/bank credits (continued)
Effective
date		   Posted
date		   Amount   Transaction detail
    01/22   448,578.63    
    01/22   102,853.49    
    01/25   78,301.40    
    01/25   34,334.57    
    01/25   21,269.33    
    01/25   37.74    
    01/25   653,482.27    
             
    01/25   492,828.51    
             
    01/25   490,983.13    
             
    01/25   437,983.01    
             
    01/25   299,006.85    
             
    01/25   234,700.07    
             
    01/25   60,741.81    
    01/25   27,853.31    
    01/25   314,980.34    
    01/25   141,341.84    
    01/26   66,166.64    
    01/26   230,252.75    
             
    01/26   195,622.39    
             
    01/26   16,487.20    
    01/26   364,920.24    
    01/26   203,222.80    
    01/27   73,788.06    
    01/27   228,869.09    
             
    01/27   123,176.69    
             
    01/27   16,863.17    
    01/27   422,671.09    
    01/27   370,758.81    
    01/27   322,508.58    
    01/27   208,930.21    
    01/28   67,438.16    
    01/28   212,109.93    
             
    01/28   124,439.42    
             
    01/28   19,146.91    
    01/28   254,118.08    

 

Sheet Seq = 0048888

Sheet 00005 of 00010

 

 

 

 

Account number:   0850  ■ January 1, 2021 - January 29, 2021 ■ Page 6 of 10  
               

 

             
Electronic deposits/bank credits (continued)
Effective
date		   Posted
date		   Amount   Transaction detail
    01/28   193,821.13    
    01/29   45,069.87    
    01/29   285,866.30    
             
    01/29   159,263.70    
             
    01/29   23,097.27    
    01/29   230,998.04    
    01/29   174,551.22    
        $25,149,487.54   Total electronic deposits/bank credits
             
        $25,149,487.54   Total credits
             
Debits
Electronic debits/bank debits
             
Effective
date		   Posted
date		   Amount   Transaction detail
    01/04   1,484,805.06    
             
    01/04   2,624.15    
             
    01/04   2,183.92    
             
    01/04   2,065.48    
             
    01/04   1,511.36    
    01/04   1,486.02    
             
    01/04   1,272.63    
             
    01/04   1,049.57    
             
    01/04   914.55    
             
    01/04   707.65    
             
    01/04   272.68    
    01/04   179.50    
    01/04   144.04    
             
    01/04   94.15    
    01/04   26.22    
             
    01/05   504,151.37    
             
             
             

 

Sheet Seq = 0048889

Sheet 00006 of 00010

 

 

 

 

Account number:   0850  ■ January 1, 2021 - January 29, 2021 ■ Page 7 of 10  
               

  

Electronic debits/bank debits (continued)
 
Effective
date		   Posted
date		   Amount   Transaction detail
    01/05   1,221.32    
             
    01/05   643.41    
             
    01/05   258.94    
    01/06   938,773.60    
             
    01/06   1,173.06    
             
    01/06   585.54    
             
    01/06   118.23    
    01/07   443,382.99    
             
    01/07   1,412.64    
             
    01/07   597.96    
             
    01/07   150.07    
    01/08   519,439.87    
             
    01/08   1,298.06    
             
    01/08   547.04    
             
    01/08   106.35    
    01/08   32.07    
             
    01/11   1,042,086.83    
             
    01/11   54,485.79    
    01/11   2,355.19    
             
    01/11   1,643.72    
             
    01/11   1,449.09    
             
    01/11   1,378.86    
             
    01/11   773.01    
             
    01/11   597.37    
             
    01/11   124.76    
    01/11   124.40    
    01/11   113.52    

 

  Sheet Seq = 0048890

  Sheet 00007 of  00010

 

 

 

 

Account number:   0850  ■ January 1, 2021 - January 29, 2021 ■ Page 8 of 10  
               

  

Electronic debits/bank debits (continued)
             
Effective
date		   Posted
date		   Amount   Transaction detail
    01/11   13.98    
             
    01/12   419,665.39    
             
    01/12   1,227.62    
             
    01/12   659.53    
             
    01/12   242.15    
    01/13   844,796.95    
             
    01/13   1,037.35    
             
    01/13   468.64    
             
    01/13   126.71    
    01/14   337,919.67    
             
01/14   01/15   1,325.56    
             
01/14   01/15   516.95    
             
01/14   01/15   80.94    
01/14   01/15   26.47    
             
    01/15   10,000.00    
    01/15   1,905.35    
             
    01/15   667.14    
             
    01/15   400.00    
             
    01/15   126.36    
    01/19   4,457,774.12    
             
    01/19   20,000.00    
    01/19   15,694.42    
             
    01/19   9,233.11    
             
    01/19   6,130.66    
             
    01/19   4,754.69    
             
    01/19   3,722.82    

 

  Sheet Seq = 0048891

  Sheet 00008 of  00010

 

 

 

 

Account number:   0850  ■ January 1, 2021 - January 29, 2021 ■ Page 9 of 10  
               

 

 

Electronic debits/bank debits (continued)
 
Effective
date		   Posted
date		   Amount   Transaction detail
    01/19   2,558.87    
             
    01/19   1,894.30    
    01/19   1,741.70    
             
    01/19   1,051.15    
             
    01/19   631.35    
    01/19   436.69    
    01/19   269.63    
             
    01/19   174.86    
    01/22   4,889,078.37    
             
    01/25   1,248,082.73    
             
    01/26