Financial Statements
The financial statements for First National Bank (FNB) are shown below:
| Balance Sheet First National Bank | ||||||||
| Assets | Liabilities and Equity | |||||||
| Cash | $ | 590 | Demand deposits | $ | 6,470 | |||
| Demand deposits from other FIs | 2,050 | Small time deposits | 10,400 | |||||
| Investments | 4,750 | Jumbo CDs | 3,900 | |||||
| Federal funds sold | 2,445 | Federal funds purchased | 2,950 | |||||
| Loans | 16,925 | Equity | 2,900 | |||||
| Reserve for loan losses | (2,525 | ) | ||||||
| Premises | 2,385 | |||||||
| Total assets | $ | 26,620 | Total liabilities/equity | $ | 26,620 | |||
| Income Statement First National Bank | |||
| Interest income | $ | 3,300 | |
| Interest expense | 2,210 | ||
| Provision for loan losses | 320 | ||
| Noninterest income | 280 | ||
| Noninterest expense | 560 | ||
| Taxes | 60 | ||
a. Calculate the dollar value of FNB’s earning assets.
b. Calculate FNB’s ROA. (Round your answer to 2 decimal places. (e.g., 32.16))
c. Calculate FNB’s asset utilization ratio. (Round your answer to 2 decimal places. (e.g., 32.16))
d. Calculate FNB’s spread. (Round your answer to 2 decimal places. (e.g., 32.16))
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The financial statements for First National Bank (FNB) are shown below: Balance Sheet First Na...
The financial statements for First National Bank (FNB) are shown below: Balance Sheet First National Bank Assets Liabilities and Equity Cash $ 520 Demand deposits $ 5,390 Demand deposits from other FIs 1,700 Small time deposits 11,200 Investments 4,400 Jumbo CDs 3,550 Federal funds sold 2,235 Federal funds purchased 2,600 Loans 16,225 Equity 2,550 Reserve for loan losses (1,825 ) Premises 2,035 Total assets $ 25,290 Total liabilities/equity $ 25,290 Income Statement First National Bank Interest income $ 2,950 Interest...
The financial statements for MHM Bank (MHM) are shown below: Balance Sheet MHM Bank Assets Liabilities...
The financial statements for MHM Bank (MHM) are shown below: Balance Sheet MHM Bank Assets Liabilities and Equity Cash and due from banks $ 2,070 Demand deposits $ 10,770 Demand deposits at other FIs 2,600 Small time deposits 10,500 Investments 6,370 Jumbo CDs 7,820 Federal funds sold 3,140 Federal funds purchased 620 Loans (less reserve for loan losses of 3,900) 20,350 Other liabilities 3,800 Premises 2,420 Equity 3,440 Total assets $ 36,950 Total liabilities/equity $ 36,950 Income Statement MHM Bank...
emy The financial statements for THE Bank are shown below: Balance Sheet THE Bank Assets Liabilities...
emy The financial statements for THE Bank are shown below: Balance Sheet THE Bank Assets Liabilities and Equity Cash Demand deposits Small time deposits Jumbo CDs Federal funds purchased Equity $ 2,490 4,840 1,465 1,040 655 240 Demand deposits from other PIs 640 Investments Federal funds sold Loans Reserve for loan losses Premises 1,840 940 6,940 (900) 790 Total assets $10,490 Total liabilities/equity $10,490 Income Statement THE Bank $2,410 1,670 90 Interest income Interest expense Provision for loan 1osses Noninterest...
Finance Statement
The financial statements for MHM Bank (MHM) are shown below: Balance Sheet MHM BankAssetsLiabilities and EquityCash and due from banks$2,050Demand deposits$10,750Demand deposits at other FIs2,400Small time deposits10,480Investments6,340Jumbo CDs7,800Federal funds sold3,120Federal funds purchased600Loans (less reserve for loan losses of 3,700)20,320Other liabilities3,580Premises2,400Equity3,420Total assets$36,630Total liabilities/equity$36,630 Income Statement MHM BankInterest income$4,318Interest expense2,284Provision for loan losses1,400Noninterest income830Noninterest expense1,105Taxes365a. Calculate the dollar value of MHM’s earning assets.b. Calculate the dollar value of MHM’s interest-bearing liabilities.c. Calculate MHM’s spread. (Do not round intermediate calculations. Round your answer to 3 decimal places. (e.g., 32.161))d. Calculate...
Balance Sheet MHM Bank Assets Liabilities and Equity Cash and due from banks $ 2,030 Demand...
Balance Sheet MHM Bank Assets Liabilities and Equity Cash and due from banks $ 2,030 Demand deposits Demand deposits at other PIS 2,200 Small time deposits Investments 6,300 Jumbo CDs Federal funds sold 3,100 Federal funds purchased Loans (less reserve for loan losses of 3,500) 20,270 Other liabilities Premises 2,380 Equity Total assets $36,280 Total liabilities/equity $10,730 10, 460 7,780 580 3,330 3,400 $36,280 Income Statement MHM Bank Interest income Interest expense Provision for loan losses Noninterest income Noninterest expense...
The financial statements for First National Bank (FNB) are shown below: $ Balance Sheet First National...
The financial statements for First National Bank (FNB) are shown below: a. Calculate the dollar value of FNB's earning assets. b. Calculate FNB'S ROA. (Round your answer to 2 decimal places. (e.g., 32.16)) c. Calculate FNB's asset utilization ratio. (Round your answer to 2 decimal places. (e.g., 32.16)) d. Calculate FNB's spread. (Round your answer to 2 decimal places. (e.g., 32.16))
Megalopolis Bank has the following balance sheet and income statement Assets Cash and due from banks...
Megalopolis Bank has the following balance sheet and income statement Assets Cash and due from banks Investment securities Repurchase agreements Loans Fixed assets Other assets Balance Sheet (in millions) Liabilities and Equity $ 10,000 Demand deposits 33,000 NOW accounts 52,000 Retail CDs 100.000 Debentures 25,000 Total liabilities 5,000 Common stock Paid-in capital Retained earnings $225,000 Total liabilities and equity $ 29,000 99,000 38.000 29,000 $195,000 12,000 4,000 14,000 $225,000 Total assets Income Statement Interest on fees and loans Interest on...
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National Bank currently has $500 million in transaction deposits on its balance sheet. The current reserve...
National Bank currently has $500 million in transaction deposits
on its balance sheet. The current reserve requirement is 10
percent, but the Federal Reserve is decreasing this requirement to
8 percent.
a. Show the balance sheet of the Federal Reserve
and National Bank if National Bank converts all excess reserves to
loans, but borrowers return only 50 percent of these funds to
National Bank as transaction deposits.
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emy The financial statements for THE Bank are shown below: Balance Sheet THE Bank Assets Liabilities and Equity Cash Demand deposits Small time deposits Jumbo CDs Federal funds purchased Equity $ 2,490 4,840 1,465 1,040 655 240 Demand deposits from other PIs 640 Investments Federal funds sold Loans Reserve for loan losses Premises 1,840 940 6,940 (900) 790 Total assets $10,490 Total liabilities/equity $10,490 Income Statement THE Bank $2,410 1,670 90 Interest income Interest expense Provision for loan 1osses Noninterest...
Balance Sheet MHM Bank Assets Liabilities and Equity Cash and due from banks $ 2,030 Demand deposits Demand deposits at other PIS 2,200 Small time deposits Investments 6,300 Jumbo CDs Federal funds sold 3,100 Federal funds purchased Loans (less reserve for loan losses of 3,500) 20,270 Other liabilities Premises 2,380 Equity Total assets $36,280 Total liabilities/equity $10,730 10, 460 7,780 580 3,330 3,400 $36,280 Income Statement MHM Bank Interest income Interest expense Provision for loan losses Noninterest income Noninterest expense...
Megalopolis Bank has the following balance sheet and income statement Assets Cash and due from banks Investment securities Repurchase agreements Loans Fixed assets Other assets Balance Sheet (in millions) Liabilities and Equity $ 10,000 Demand deposits 33,000 NOW accounts 52,000 Retail CDs 100.000 Debentures 25,000 Total liabilities 5,000 Common stock Paid-in capital Retained earnings $225,000 Total liabilities and equity $ 29,000 99,000 38.000 29,000 $195,000 12,000 4,000 14,000 $225,000 Total assets Income Statement Interest on fees and loans Interest on...
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National Bank currently has $500 million in transaction deposits
on its balance sheet. The current reserve requirement is 10
percent, but the Federal Reserve is decreasing this requirement to
8 percent.
a. Show the balance sheet of the Federal Reserve
and National Bank if National Bank converts all excess reserves to
loans, but borrowers return only 50 percent of these funds to
National Bank as transaction deposits.
b. Show the balance sheet of the Federal Reserve
and National Bank if...
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