Find the companys balance sheet. From the asset accounts and liability accounts, find 4 examples of accounts
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Find the company’s balance sheet. From the asset accounts and liability accounts, find 4 examples of accounts that might have been related to an adjusting entry at the end of the year. For each example, tell whether it is a deferral or an accrual and suggest an income statement account that might be associated with it.
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CONSOLIDATED BALANCE SHEETS- USD ($) $ in Thousands ASSETS Cash and due from banks Federal funds sold Interest-bearing deposits Total cash and cash equivalents Securities available for sale Securities held to maturity Loans held for sale Loans, net of allowance for credit losses of $30,492 and $33,619, respectively Accrued interest receivable Premises and equipment, net Other real estate owned Cash surrender value of life insurance Core deposit intangible, net Goodwill Other assets Total assets Deposits Noninterest-bearing Interest-bearing Total deposits Securities sold under agreements to repurchase Accrued interest and other liabilities Line of credit Federal Home Loan Bank advances Subordinated debentures Total liabilities Commitments and contingencies (see Note 16) Shareholders' equity Preferred stock, $5.00 par value, 15,000,000 shares authorized, no shares issued Common stock, $1.00 par value, 50,000,000 shares authorized, 14,138,978 and 12,951,676 shares issued, and 12,122,717 and 10,935,415 shares outstanding, respectively Additional paid-in capital Retained earnings Treasury stock, 2,016,261 shares at cost Accumulated other comprehensive income Total shareholders' equity Total liabilities and shareholders' equity Dec. 31, 2021 $ 42,979 431,975 24,651 499,605 342,206 184,263 4,129 1,876,076 8,901 53,470 0 37,141 2,313 32,160 45,806 3,086,070 1,014,518 1,656,309 2,670,827 14,151 26,568 5,000 47,500 19,810 2,783,856 0 14,139 225,544 107,645 (51,419) 6,305 302,214 $3,086,070 Sep. 30, 2021 Dec. 31, 2020 $ 47,836 218,825 85,130 351,791 380,795 0 5,542 1,831,737 9,834 55,212 404 35,510 2,999 32,160 34,848 2,740,832 779,740 1,506,650 2,286,390 15,631 25,257 12,000 109,101 19,810 2,468,189 0 12,952 188,032 113,449 (51,419) 9,629 272,643 $ 2,740,832 CONSOLIDATED BALANCE SHEETS- USD ($) $ in Thousands ASSETS Cash and due from banks Federal funds sold Interest-bearing deposits Total cash and cash equivalents Securities available for sale Securities held to maturity Loans held for sale Loans, net of allowance for credit losses of $30,492 and $33,619, respectively Accrued interest receivable Premises and equipment, net Other real estate owned Cash surrender value of life insurance Core deposit intangible, net Goodwill Other assets Total assets Deposits Noninterest-bearing Interest-bearing Total deposits Securities sold under agreements to repurchase Accrued interest and other liabilities Line of credit Federal Home Loan Bank advances Subordinated debentures Total liabilities Commitments and contingencies (see Note 16) Shareholders' equity Preferred stock, $5.00 par value, 15,000,000 shares authorized, no shares issued Common stock, $1.00 par value, 50,000,000 shares authorized, 14,138,978 and 12,951,676 shares issued, and 12,122,717 and 10,935,415 shares outstanding, respectively Additional paid-in capital Retained earnings Treasury stock, 2,016,261 shares at cost Accumulated other comprehensive income Total shareholders' equity Total liabilities and shareholders' equity Dec. 31, 2021 $ 42,979 431,975 24,651 499,605 342,206 184,263 4,129 1,876,076 8,901 53,470 0 37,141 2,313 32,160 45,806 3,086,070 1,014,518 1,656,309 2,670,827 14,151 26,568 5,000 47,500 19,810 2,783,856 0 14,139 225,544 107,645 (51,419) 6,305 302,214 $3,086,070 Sep. 30, 2021 Dec. 31, 2020 $ 47,836 218,825 85,130 351,791 380,795 0 5,542 1,831,737 9,834 55,212 404 35,510 2,999 32,160 34,848 2,740,832 779,740 1,506,650 2,286,390 15,631 25,257 12,000 109,101 19,810 2,468,189 0 12,952 188,032 113,449 (51,419) 9,629 272,643 $ 2,740,832
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Related Book For
Financial And Managerial Accounting The Basis For Business Decisions
ISBN: 9781260247930
19th Edition
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
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