Question
Prepare a december 31 balance sheet from the following information: million investment securities $130 Demand deposits 170 Federal funds purchased 105 Total (gross) loans 644
Prepare a december 31 balance sheet from the following information:
million
investment securities $130
Demand deposits 170
Federal funds purchased 105
Total (gross) loans 644
Cash and due from banks 98
Savings and time deposits 555
Net loans 636
Bank premises and equipment 33
Other assets 10
Accumulated retained earnings 43
Federal funds sold 22
Other borrowed funds 12
Other real estate owned 4
Allowance for loan and lease losses 8
Capital surplus 30
Long-term debt 10
Other liabilities 8
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Introductory Course On Financial Mathematics
Authors: M V Tretyakov
1st Edition
1908977388, 978-1908977380
