Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

ASSETS CASH REG. EQUITY RELATED ACCOUNTS - VAULT CASH 20,900 COMMON STOCK 32,000 - RESERVE DEPOSITS 15,400 PREFERRED STOCKS 6,000 - CASH ITEMS IN PROCESS

ASSETS
CASH REG. EQUITY RELATED ACCOUNTS
- VAULT CASH 20,900 COMMON STOCK 32,000
- RESERVE DEPOSITS 15,400 PREFERRED STOCKS 6,000
- CASH ITEMS IN PROCESS OF COLLECTION 122,000 RETAINED EARNINGS 24,000
CAPITAL NOTES 6,000
INVESTMENTS SUBORDINATED DEBT 33,000
REVERSE REPO'S 11,000
FED FUNDS 9,900
T-BILLS 154,000
T-NOTES 36,300
GENERAL OBLIGATIONS 13,200
REVENUE BONDS 8,800
CORPORATE BONDS 6,600
LOANS
REAL ESTATE LOANS 370,700
COMMERCIAL LOANS 180,000
INDIVIDUAL LOANS 307,000
GROSS LOANS 857,700
ALLOWANCE FOR LOAN LOSSES 9,000
NET LOANS 848,700

CALCULATE TIER 2 (NOT THE RATIO)

ROUND YOUR ANSWER TO ZERO DECIMAL PLACES

DON'T USE COMMA SEPARATORS

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

International Finance

Authors: Keith Pilbeam

2nd Edition

0333730976, 978-0333730973

More Books

Students also viewed these Finance questions