Look at the following balance sheet and determine what type of financial intermediary it belongs to: ASSETS
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Question:
Look at the following balance sheet and determine what type of financial intermediary it belongs to:
| ASSETS | LIABILITIES | ||
| Cash & Equivalents | 5.0% | Demand Deposits | 29.4% |
| Mortgage-Backed Securities | 11.7% | Time/Other Deposits | 46.5% |
| Loans | 79.0% | Federal Fund Deposits & Repos | 7.5% |
| Mortgages | 27.5% | Debt | 5.8% |
| Consumer Loans | 14.1% | ||
| Business Loans | 35.5% | ||
| Other, Net | 1.6% | Equity | 10.8% |
| Other Assets | 4.3% | ||
| TOTAL ASSETS | 100% | TOTAL LIABILITIES & EQUITY | 100% |
| Commercial Bank |
| Thrift |
| Credit Union |
| Insurance Company |
| Securities Firm |
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