A banks balance sheet information is shown below (in $000). ...

80.2K

Verified Solution

Question

Accounting

A banks balance sheet information is shown below (in $000).
On-Balance-Sheet Items Face Value
Cash $ 124,600
Short-term government securities (<92 days)5,700
Long-term government securities (>92 days)417,400
Federal Reserve stock 10,100
Repos secured by federal agencies 162,000
Claims on U.S. depository institutions 940,900
Loans to foreign banks, OECD CRC rated 21,670,000
General obligation municipals 173,000
Claims on or guaranteed by federal agencies 26,800
Municipal revenue bonds 115,900
Residential mortgages, category 1, loan-to-value ratio 75%5,300,000
Commercial loans 4,967,669
Loans to sovereigns, OECD CRC rated 311,900
Premises and equipment 458,000
Off-Balance-Sheet Items Conversion Factor (%) Face Value
U.S. Government Counterparty
Loan commitments:
<1 year 20 $ 300
15 year 501,140
Standby letters of credit:
Performance-related 50200
Direct-credit substitute 100100
U.S. Depository Institutions Counterparty
Loan commitments:
<1 year 20100
>1 year 503,000
Standby letters of credit:
Performance-related 50200
Direct-credit substitute 10056,400
Commercial letters of credit 20400
State and Local Government Counterparty (revenue municipals)
Loan commitments:
>1 year 50100
Standby letters of credit:
Performance-related 50135,400
Corporate Customer Counterparty
Loan commitments:
<1 year 203,212,400
>1 year 503,046,278
Standby letters of credit:
Performance-related 50101,543
Direct-credit substitute 100490,900
Commercial letters of credit 2078,978
Sovereign Counterparty
Loan commitments, OECD CRC rated 1:
<1 year 20110,500
>1 year 501,225,400
Sovereign Counterparty
Loan commitments, OECD CRC rated 2:
<1 year 2085,000
>1 year 50115,500
Sovereign Counterparty
Loan commitments, OECD CRC rated 7:
>1 year 5030,000
Interest rate market contracts (current exposure assumed to be zero):
<1 year (notional amount)02,000
>15 year (notional amount)0.55,000
What is the banks risk-weighted asset base? (Do not round your intermediate calculations. Round your answer to the nearest whole dollar amount. (e.g.,32))

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students