Question

Construct a balance sheet and income statement Investment Securities                                &nbsp

Construct a balance sheet and income statement

Investment Securities                                      $23000

Demand Deposits                                            $19000

Now accounts                                                 $89000

Cash and due from banks                                $9000

Taxes                                                               $3000

Interest on fees and loans                                $9000

Retail CDs                                                      $28000

Long term debt                                               $19000

Reverse Repos                                                $42000

Interest on investment securities                     $4000

Interest on long term debt                              $2000

Loans                                                              $90000

Fixed Assets                                                   $15000

Interest on reverse repos                                 $6000

Interest on deposits                                         $9000

Other assets                                                     $4000

Paid in capital                                                 $4000

Retained earnings                                            $12000

Common stock                                                $12000

Interest on deposits in other banks                 $1000

Provision for loan losses                                 $2000

Other income                                                   $2000

Other expenses                                                $1000

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