Question: Compose a balance sheet for a hypothetical bank using the given data and the blank for filling in. Balance Sheet Assets $ Liabilities $ Shareholders'
Compose a balance sheet for a hypothetical bank using the given data and the blank for filling in.
Balance Sheet
| Assets | $ | Liabilities | $ |
| Shareholders' Equity | |||
| Total: | Total: |
Core deposits = ..... =
Percentage of equity capital = ..... =
You are also required to calculate the amount of core deposits ($) and the percentage of equity capital (%). Given data: Time deposits 1 938 000 $ Municipal securities - 871 000 $ Other real estate owned 10 000 $ Retained earnings - 366 000 $ Other saving deposits 426 000 $ Commercial loans 1 907 000 $ Cash due from banks - 320 000 $ Other borrowed funds 148 000 $ Demand deposits - 1 050 000 $ Subordinated notes - 10 000 $ Other loans and leases - 411 000 $ Common stock - 235 000 $ Individual loans - 475 000 $ Foreign debt securities - 450 000 $ Other assets 45 000 $ ATS accounts - 385 000 $ Premises, fixed assets - 93 000 $ Other liabilities 24 000 $
Step by Step Solution
3.48 Rating (151 Votes )
There are 3 Steps involved in it
Balance Sheet Hypothetical Bank Assets Liabilities Foreign Debt Secur... View full answer
Get step-by-step solutions from verified subject matter experts
