Question 4

You are given the following information:

Net loans: 500

Allowance for loan losses: 120

Investment securities: 300

Common stock: 50

Undivided profits: 10

Total equity capital: 80

Cash and due from banks: 22

Other assets: 12

Bank premises and equipment, gross: 100

Trading-account securities: 33

Other real estate owned: 4

Goodwill: 1

Total liabilities: 1,000

Non-deposit borrowings: 90

Bank premises and equipment, net: 30

Calculate:

Total assets:

Gross loans:

Surplus:

Fed funds sold

Depreciation

Total deposits