Question
You know the following information about the Webb State Bank (in $ mln): Accumulated depreciation $31.808 Net loans $637.839, Fed funds purchased and repurchase agreements
You know the following information about the Webb State Bank (in $ mln):
Accumulated depreciation $31.808
Net loans $637.839,
Fed funds purchased and repurchase agreements $143.757,
Cash and due from banks $42.131,
Trading account securities $34.947,
Miscellaneous assets $108.455,
Deposits $502.102,
Undivided profits $132.485,
Gross premises $97.199,
Surplus $31.903,
Subordinated debt $90.174,
Common stock par $19.408,
Gross loans $651.915,
Fed funds sold and reverse repurchase agreements $10.985.
Given this information, what are the the bank's total liabilities, to the nearest $0.001 million?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started