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1. You are gven the following information about the Academic Bank Gross Loans $300 Miscellaneous Assets $50 Deposits $390 Total Equity $50 Common Stock Par

1. You are gven the following information about the Academic Bank

Gross Loans $300

Miscellaneous Assets $50

Deposits $390

Total Equity $50

Common Stock Par $5

Non-Deposit Borrowings $60

Investment Securities $150

Net Premises $40

Surplus $5

Allowance for Loan Losses $50

Deposits $390

Total Assets $500

Gross Premises $70

Given this information, what is the Academic Banks Total Liabilities?

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