Go to the St. Louis Federal Reserve FRED database, and find data for all commercial banks on

Question:

Go to the St. Louis Federal Reserve FRED database, and find data for all commercial banks on total liabilities (TLBACBM027SBOG), total deposits (DPSACBM027SBOG), and residual of assets less liabilities (RALACBM027SBOG).
a. What is the interpretation of the residual of assets less liabilities?
b. For the most recent month of data available, use the three indicators listed above to calculate the total amount of borrowings by banks.
Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...