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($s in millions) Assets Liabilities + Equity Reserves $1,300 Deposits $10,000 Investment Securities 3,000 Other Debt 5,000 Loans C&I 5,000 Residential 4,30 Bank Capital CRE
($s in millions) Assets Liabilities + Equity Reserves $1,300 Deposits $10,000 Investment Securities 3,000 Other Debt 5,000 Loans C&I 5,000 Residential 4,30 Bank Capital CRE 4,400 Annual Net Income 240 Shares Outstanding 25 What is this bank's share price at a P/E of 12x? Question 19 3 pts ($s in millions) Assets Liabilities + Equity Reserves $1,300 Deposits $10,000 Investment 3,000 Other Debt 5,000 Securities Loans C&I 5,000 Residential 4,300 Bank Capital 3,000 CRE 4,400 Annual Net Income 240 Shares Outstanding 25 If the required reserve ratio is 9%, how much does the bank maintain in excess reserves? (answer in $millions)
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