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You were informed that a banks latest income statement and balance sheet contained the following figures: Gross loans $3000 Trading-account securities $20 Allowance for loan
You were informed that a banks latest income statement and balance sheet contained the following figures:
Gross loans | $3000 |
| Trading-account securities | $20 |
Allowance for loan losses | 150 |
| Other real estate owned | 40 |
Investment securities | 360 |
| Goodwill and other intangibles | 30 |
Common stock | 50 |
| Total liabilities | 3750 |
Surplus | 150 |
| Preferred stock | 30 |
Total equity capital | 300 |
| Nondeposit borrowings | 400 |
Cash and due from banks | 100 |
| Bank premises and equipment, net | 200 |
Miscellaneous assets | 250 |
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Bank premises and equipment, gross | 250 |
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Calculate the following items:
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