Question
5-1. Norfolk National Bank has just submitted its Report of Condition to the FDIC. Please fill in the missing items from its statement shown below
5-1. Norfolk National Bank has just submitted its Report of Condition to the FDIC. Please fill in the missing items from its statement shown below (all figures in millions of dollars):
Report of Condition |
|
Total assets | $4,000.00 |
Cash and due from depository institutions | 90.00 |
Securities | 535.00 |
Federal funds sold and reverse repurchase agreements | 45.00 |
Gross loans and leases |
|
Loan loss allowance | 200.00 |
Net loans and leases | 2,700.00 |
Trading account assets | 20.00 |
Bank premises and fixed assets |
|
Other real estate owned | 15.00 |
Goodwill and other intangibles | 200.00 |
All other assets | 175.00 |
Total liabilities and capital |
|
Total liabilities |
|
Total deposits |
|
Federal funds purchased and repurchase agreements. | 80.00 |
Trading liabilities | 10.00 |
Other borrowed funds | 50.00 |
Subordinated debt | 480.00 |
All other liabilities | 40.00 |
Total equity capital |
|
Perpetual preferred stock | 5.00 |
Common stock | 25.00 |
Surplus | 320.00 |
Undivided profits | 70.00 |
Report of Condition |
|
Total assets | $4,000.00 |
Cash and due from depository institutions | 90.00 |
Securities | 535.00 |
Federal funds sold and reverse repurchase agreements | 45.00 |
Gross loans and leases | $2,900.00a |
Loan loss allowance | 200.00 |
Net loans and leases | 2,700.00 |
Trading account assets | 20.00 |
Bank premises and fixed assets | 220.00b |
Other real estate owned | 15.00 |
Goodwill and other intangibles | 200.00 |
All other assets | 175.00 |
Total liabilities and capital | 4,000.00c |
Total liabilities | 3,580.00d |
Total deposits | 2,920.00e |
Federal funds purchased and repurchase agreements. | 80.00 |
Trading liabilities | 10.00 |
Other borrowed funds | 50.00 |
Subordinated debt | 480.00 |
All other liabilities | 40.00 |
Total equity capital | 420.00f |
Perpetual preferred stock | 5.00 |
Common stock | 25.00 |
Surplus | 320.00 |
Undivided profits | 70.00 |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started