The following balance sheet accounts (in millions of dollars) have been taken from the annual report for a U.S. bank. Arrange the accounts in balance sheet order and determine the value of total assets.

Based on the balance sheet structure, would you classify this bank as a community bank, regional bank, or a money center bank? (LG 11-6)

Premises $1,078 Net loans $29,981 Savings deposits 3,292 Short-term borrowing 2,080 Cash 2,660 Other liabilities 778 NOW accounts 12,816 Equity 3,272 Long-term debt 1,191 Investment securities 5,334 Other assets 1,633 Demand deposits 5,939 Intangible assets 758 Certificates of deposit (under $100,000) 9,853 Other time deposits 2,333 Federal funds sold 110

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