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A banks balance sheet information is shown below (in $000). On-Balance-Sheet Items Face Value Cash $ 139,600 Short-term government securities ( 7,200 Long-term government securities

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A banks balance sheet information is shown below (in $000).

On-Balance-Sheet Items Face Value
Cash $ 139,600
Short-term government securities ( 7,200
Long-term government securities (>92 days) 432,400
Federal Reserve stock 11,600
Repos secured by federal agencies 177,000
Claims on U.S. depository institutions 955,900
Loans to foreign banks, OECD CRC rated 2 1,820,000
General obligation municipals 188,000
Claims on or guaranteed by federal agencies 28,300
Municipal revenue bonds 130,900
Residential mortgages, category 1, loan-to-value ratio 75% 6,800,000
Commercial loans 6,467,669
Loans to sovereigns, OECD CRC rated 3 13,400
Premises and equipment 473,000

Off-Balance-Sheet Items Conversion Factor (%) Face Value
U.S. Government Counterparty
Loan commitments:
20 $ 300
15 year 50 1,140
Standby letters of credit:
Performance-related 50 200
Direct-credit substitute 100 100
U.S. Depository Institutions Counterparty
Loan commitments:
20 100
>1 year 50 3,000
Standby letters of credit:
Performance-related 50 200
Direct-credit substitute 100 56,400
Commercial letters of credit 20 400
State and Local Government Counterparty (revenue municipals)
Loan commitments:
>1 year 50 100
Standby letters of credit:
Performance-related 50 135,400
Corporate Customer Counterparty
Loan commitments:
20 3,212,400
>1 year 50 3,046,278
Standby letters of credit:
Performance-related 50 101,543
Direct-credit substitute 100 490,900
Commercial letters of credit 20 78,978
Sovereign Counterparty
Loan commitments, OECD CRC rated 1:
20 110,500
>1 year 50 1,225,400
Sovereign Counterparty
Loan commitments, OECD CRC rated 2:
20 85,000
>1 year 50 115,500
Sovereign Counterparty
Loan commitments, OECD CRC rated 7:
>1 year 50 30,000
Interest rate market contracts (current exposure assumed to be zero):
0 2,000
>15 year (notional amount) 0.5 5,000

What is the banks risk-weighted asset base? (Do not round your intermediate calculations. Round your answer to the nearest whole dollar amount.

BLE 13-28 Risk Weights for Calculating Risk-Weighted Assets for On-Balance-Sheet \begin{tabular}{|c|c|} \hline Exposures & \begin{tabular}{l} Risk Weight \\ (in percent) \end{tabular} \\ \hline Non-OECD member with no CRC & 100 \\ \hline Sovereign default & 150 \\ \hline \multicolumn{2}{|l|}{ Revenue obligation exposures to non-U.S. PSEs: } \\ \hline CRC of 01 & 50 \\ \hline CRC of 23 & 100 \\ \hline CRC of 4-7 & 150 \\ \hline OECD member with no CRC & 50 \\ \hline Non-OECD member with no CRC & 100 \\ \hline Sovereign default & 150 \\ \hline 6. Corporate exposures & \\ \hline \begin{tabular}{l} All corporate exposures, including bonds and loans \\ 7. Residential mortge exposures \end{tabular} & 100 \\ \hline \begin{tabular}{l} An exposure to a first-lien residential mortgage with lower risk, or category \\ 1 (mortgage that meets prudential underwriting standards, including \\ standards relating to loan-to-value ratio, are not 90 days or more past due, \\ and that are not restructured or modified) \end{tabular} & 50 \\ \hline \begin{tabular}{l} An exposure to a first-lien residential mortgage with higher risk, or category 2 \\ (all other residential mortgage exposures) \end{tabular} & 100 \\ \hline 8. Pre-sold construction loans and statutory multi-family mortgages & \\ \hline \begin{tabular}{l} Exposures to pre-sold construction loans and statutory multi-family mortgage \\ 9. High-volatility commercial real estate (HVCRE) \end{tabular} & 50 \\ \hline \begin{tabular}{l} An HVCRE exposure \\ 10. Past-due exposures \end{tabular} & 150 \\ \hline \begin{tabular}{l} 11. Other assets \\ 11. \end{tabular} & 150 \\ \hline \begin{tabular}{l} Cash owned and held; gold bullion held in the bank's own vaults or held in \\ another depository institution's vaults on an allocated basis, to the extent \\ the gold bullion assets are offset by gold bullion liabilities; and exposures \\ that arise from the settlement of cash transactions \end{tabular} & 0 \\ \hline Cash items in the process of collection & 20 \\ \hline \begin{tabular}{l} All assets not specifically assigned a different risk weight, including deferred \\ acquisition costs (DAC) and value of business acquired (VOBA) \end{tabular} & 100 \\ \hline \begin{tabular}{l} Deferred tax assets (DTAs) arising from temporary differences that the bank \\ could realize through net operating loss carrybacks \end{tabular} & 100 \\ \hline \begin{tabular}{l} Portion of mortgage servicing assets (MSAs) and DTAs arising from \\ temporary differences that the bank could not realize through net operating \\ loss carrybakcs that are not deducted from common equity tier 1 capital \end{tabular} & 250 \\ \hline \end{tabular}

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