Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

8. The John Wayne Bank is developing a list of off-balance-sheet items for its call report. Please fill in the missing items from its statement

image text in transcribed

8. The John Wayne Bank is developing a list of off-balance-sheet items for its call report. Please fill in the missing items from its statement shown below. Using Table 5-5, describe how John Wayne compares with other banks in the same size category regarding its off-balance sheet activities. Off-balance-sheet items for John Wayne Bank (in millions of $) Total unused commitments $ 8,000 Standby letters of credit and foreign office guarantees 1,350 (Amount conveyed to others) -50 Commercial letters of credit 60 Securities lent 2,200 Derivatives (total) 100,000 Notional amount of credit derivatives 22,000 Interest rate contracts 54,000 Foreign exchange rate contracts Contracts on other commodities and equities 1,200 All other off-balance-sheet liabilities 49 Total off-balance-sheet items Total assets (on-balance sheet) 12,000 Off-balance-sheet assets on-balance-sheet assets 8. The John Wayne Bank is developing a list of off-balance-sheet items for its call report. Please fill in the missing items from its statement shown below. Using Table 5-5, describe how John Wayne compares with other banks in the same size category regarding its off-balance sheet activities. Off-balance-sheet items for John Wayne Bank (in millions of $) Total unused commitments $ 8,000 Standby letters of credit and foreign office guarantees 1,350 (Amount conveyed to others) -50 Commercial letters of credit 60 Securities lent 2,200 Derivatives (total) 100,000 Notional amount of credit derivatives 22,000 Interest rate contracts 54,000 Foreign exchange rate contracts Contracts on other commodities and equities 1,200 All other off-balance-sheet liabilities 49 Total off-balance-sheet items Total assets (on-balance sheet) 12,000 Off-balance-sheet assets on-balance-sheet assets

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Oxford Handbook Of Quantitative Asset Management

Authors: Bernd Scherer, Kenneth Winston

1st Edition

0199553432, 978-0199553433

More Books

Students also viewed these Finance questions