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Calculate the dollar and duration gap and interpret the results. Condensed Balance Sheet December 31 2020 2019 $ 5,893 $ 701 5,695 656 206,566 213

Calculate the dollar and duration gap and interpret the results.image text in transcribed

Condensed Balance Sheet December 31 2020 2019 $ 5,893 $ 701 5,695 656 206,566 213 410 173,301 51 391 (Dollars in millions) Assets Cash held at bank subsidiaries (1) Securities Receivables from subsidiaries: : Bank holding companies and related subsidiaries Banks and related subsidiaries Nonbank companies and related subsidiaries Investments in subsidiaries: Bank holding companies and related subsidiaries Nonbank companies and related subsidiaries Other assets Total assets Liabilities and shareholders' equity Accrued expenses and other liabilities Payables to subsidiaries: Banks and related subsidiaries Nonbank companies and related subsidiaries Long-term debt Total liabilities Shareholders' equity Total liabilities and shareholders' equity 305,818 3,715 9,850 533,166 297,465 3,663 9,438 490,660 $ $ $ $ 15,965 $ 13,381 129 11,067 233,081 260,242 272,924 533,166 458 12,102 199,909 225,850 264,810 490,660 $ $ 311 Balance includes third-party cash held of $7 million and $4 million at December 31, 2020 and 2019. Condensed Balance Sheet December 31 2020 2019 $ 5,893 $ 701 5,695 656 206,566 213 410 173,301 51 391 (Dollars in millions) Assets Cash held at bank subsidiaries (1) Securities Receivables from subsidiaries: : Bank holding companies and related subsidiaries Banks and related subsidiaries Nonbank companies and related subsidiaries Investments in subsidiaries: Bank holding companies and related subsidiaries Nonbank companies and related subsidiaries Other assets Total assets Liabilities and shareholders' equity Accrued expenses and other liabilities Payables to subsidiaries: Banks and related subsidiaries Nonbank companies and related subsidiaries Long-term debt Total liabilities Shareholders' equity Total liabilities and shareholders' equity 305,818 3,715 9,850 533,166 297,465 3,663 9,438 490,660 $ $ $ $ 15,965 $ 13,381 129 11,067 233,081 260,242 272,924 533,166 458 12,102 199,909 225,850 264,810 490,660 $ $ 311 Balance includes third-party cash held of $7 million and $4 million at December 31, 2020 and 2019

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