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A bank has the following balance sheet. It expects a net deposit drain of $1,430,000. Show the banks balance sheet if it used stored liquidity
A bank has the following balance sheet. It expects a net deposit drain of $1,430,000. Show the banks balance sheet if it used stored liquidity to offset the expected drain.
Assets Liabilities and Equity
Cash $875,000 Deposits $6,900,000
Loans 3,950,000 Equity 975,000
Securities 3,050,000
Total Assets $7,875,000 Total Liabilities and Equity $7,875,000
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