1. Norfolk has prepared a Report of Condition for the FDIC. Please fill in the missing items from its statement shown below (all figures in millions of dollars): Gross loans Allowance for loan losses Investment securities Common stock Surplus Total equity capital Cash and due from banks Miscellaneous assets $310 15 36 5 Goodwill and other intangibles 15 Total liabilities 30 Preferred stock Bank premises and equipment, gross Trading-account securities Other real estate owned 10 Nondeposit borrowings 25 Bank premises and equipment, net Please calculate these items and show your process: Total assets Net loans Undivided profit Depreciation Total deposits 23 $2 4 3 385 3 40 20
1. Norfolk has prepared a Report of Condition for the FDIC. Please fill in the missing items from its statement shown below (all figures in millions of dollars): Gross loans Allowance for loan losses Investment securities Common stock Surplus Total equity capital Cash and due from banks Miscellaneous assets $310 15 36 5 Goodwill and other intangibles 15 Total liabilities 30 Preferred stock Bank premises and equipment, gross Trading-account securities Other real estate owned 10 Nondeposit borrowings 25 Bank premises and equipment, net Please calculate these items and show your process: Total assets Net loans Undivided profit Depreciation Total deposits 23 $2 4 3 385 3 40 20
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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