8. The Nitty Gritty Bank is developing a list of off-balance-sheet items for its call report....

 

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8. The Nitty Gritty Bank is developing a list of off-balance-sheet items for its call report. Please fill in the missing items from its statement shown below. Using Table 5-5, describe how Nitty Gritty compares with other banks in the same size category regard- ing its off-balance sheet activities. Off-balance-sheet items for Nitty Gritty Bank (in millions of $) Total unused commitments Standby letters of credit and foreign office guarantees (Amount conveyed to others) Commercial letters of credit Securities lent Derivatives (total) Notional amount of credit derivatives Interest rate contracts Foreign exchange rate contracts Contracts on other commodities and equities All other off-balance-sheet liabilities Total off-balance-sheet items Total assets (on-balance sheet) Off-balance-sheet assets on-balance-sheet assets $ 7,000 1,350 -50 48 2,200 97,000 22,000 54,000 1,200 49 10,500 8. The Nitty Gritty Bank is developing a list of off-balance-sheet items for its call report. Please fill in the missing items from its statement shown below. Using Table 5-5, describe how Nitty Gritty compares with other banks in the same size category regard- ing its off-balance sheet activities. Off-balance-sheet items for Nitty Gritty Bank (in millions of $) Total unused commitments Standby letters of credit and foreign office guarantees (Amount conveyed to others) Commercial letters of credit Securities lent Derivatives (total) Notional amount of credit derivatives Interest rate contracts Foreign exchange rate contracts Contracts on other commodities and equities All other off-balance-sheet liabilities Total off-balance-sheet items Total assets (on-balance sheet) Off-balance-sheet assets on-balance-sheet assets $ 7,000 1,350 -50 48 2,200 97,000 22,000 54,000 1,200 49 10,500

Answer rating: 100% (QA)

Based on the information provided the missing offbalance sheet items are Total unused commitments 70... View the full answer