Question
Gibraltar National Bank has just submitted its Report of Condition to the FDIC, as shown on the following page. Please fill in the missing items
Gibraltar National Bank has just submitted its Report of Condition to the FDIC, as shown
on the following page. Please fill in the missing items from its statement shown below (all figures in millions of dollars):
Gibraltar National Bank
| Report of Condition |
|
|
|
| Cash and due from Depository Institutions | 87 |
|
|
| Securities ? |
|
|
|
| Federal Funds Sold and Reverse Repurch. | 24 |
|
|
| Gross Loans and Leases | 1131 |
|
|
| Loan Loss Allowance ? |
|
|
|
| Net Loans and Leases | 1131 |
|
|
| Trading Account Assets | 2 |
|
|
| Bank Premises and Fixed Assets | 12 |
|
|
| Other Real Estate Owned | 2 |
|
|
| Goodwill and Other Intangibles | 5 |
|
|
| All Other Assets | 67 |
|
|
| Total Assets | 1400 |
|
|
|
|
|
| |
| Total Deposits | 904 |
| |
| Federal Funds Purchased and Repurchase Agree. | 81 |
| |
| Trading Liabilities | 0 |
| |
| Other Borrowed Funds | 25 |
| |
| Subordinated Debt ? |
|
| |
| All Other Liabilities | 42 |
| |
| Total Liabilities ? |
|
| |
|
|
|
| |
| Perpetual Preferred Stock | 0 |
| |
| Common Stock | 3 |
| |
| Surplus ? |
|
| |
| Undivided Profit | 62 |
| |
| Total Equity Capital | 138 |
| |
|
|
|
| |
| Total Liabilities and Capital | 1400 |
| |
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Auditing Cases An Active Learning Approach
Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt
2nd Edition
9781266566899
