The accounting identity that relates the level of assets A, liabilities L, and equity E in a bank1 is A L = E. When A

Assets Liabilities 1. Cash and reserve balances at the central bank 7,345 1. Deposits 336,316 2. Wholesale reverse repo lending 174,090 136,956 2. Wholesale repo borrowing secured with collateral 3. Unsecured borrowing 313,226 111,137 2,492 4. Trading portfolio liabilities 71,874 3. Loans (e.g. mortgages) 4. Fixed assets (e.g. buildings, equipment) 5. Trading portfolio assets 6. Derivative financial instruments 7. Other assets Total Assets 177,867 138,353 183,414 5. Derivative financial instruments 6. Other liabilities 140,697 172,417 996,787 Total liabilities 969,397 Net worth Equity 27,390 Memorandum item: Leverage (Total Assets/Net Worth) 996,787/27,390 = 36.4 Assets Liabilities 1. Cash and reserve balances at the central bank 7,345 1. Deposits 336,316 2. Wholesale reverse repo lending 174,090 136,956 2. Wholesale repo borrowing secured with collateral 3. Unsecured borrowing 313,226 111,137 2,492 4. Trading portfolio liabilities 71,874 3. Loans (e.g. mortgages) 4. Fixed assets (e.g. buildings, equipment) 5. Trading portfolio assets 6. Derivative financial instruments 7. Other assets Total Assets 177,867 138,353 183,414 5. Derivative financial instruments 6. Other liabilities 140,697 172,417 996,787 Total liabilities 969,397 Net worth Equity 27,390 Memorandum item: Leverage (Total Assets/Net Worth) 996,787/27,390 = 36.4