Oldhat Financial starts its first day of operations with $12 million in capital. A total of $125 million in checkable deposits are received. The bank makes a $30 million commercial loan and another $60 million in mortgages, with the following terms: 200 standard 30-year,fixed-rate mortgages with a nominal annual rate of 5.25%, each for $300,000.Assume that required reserves are 8%.

Complete the bank's balance sheet provided below. (Round your responses to the nearest whole number.)

Assets			Liabilities
Required reserves	$	million	Checkable deposits	$	million
Excess reserves	$	million	Bank capital	$	million
Loans	$	million