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(Solved) Initial Bank Balance Sheet Assets Liabilities + Net Worth Uses of Funds Reserves Required Excess $14,000,000 $13,000,000 Treasury Bonds $37,000,000


The attached Excel file shows the balance sheet for a hypothetical bank. Someone deposits $6 million in the bank. Which of the four options that follow the bank balance sheet is the correct balance sheet immediately following this transaction (Before the bank loaning out that $6 million or buying bonds)?

 

Option A,B,C or D?

Initial Bank Balance Sheet
Assets Liabilities + Net Worth Uses of Funds
Reserves
Required
Excess $14,000,000
$13,000,000 Treasury Bonds $37,000,000 Borrowing $18,000,000 $136,000,000 Net Worth
$200,000,000 Total $42,000,000
$200,000,000 Loans
Total Deposits Sources of Funds
$140,000,000 Option A
Bank Balance Sheet
Assets
Uses of Funds Liabilities + Net Worth
Sources of Funds
Deposits
$146,000,000 Reserves
Required
Excess $20,000,000
$13,000,000 Treasury Bonds $37,000,000 Borrowing $18,000,000 $136,000,000 Net Worth
$206,000,000 Total $42,000,000
$206,000,000 Loans
Total Option B
Bank Balance Sheet
Assets
Uses of Funds Liabilities + Net Worth
Sources of Funds
Deposits
$146,000,000 Reserves
Required
Excess $14,600,000
$13,000,000 Treasury Bonds $42,400,000 Borrowing $18,000,000 $136,000,000 Net Worth
$206,000,000 Total $42,000,000
$206,000,000 Loans
Total Option C
Bank Balance Sheet
Assets
Uses of Funds Liabilities + Net Worth
Sources of Funds
Deposits
$146,000,000 Reserves
Required
Excess $14,000,000
$19,000,000 Treasury Bonds $37,000,000 Borrowing $18,000,000 $136,000,000 Net Worth
$206,000,000 Total $42,000,000
$206,000,000 Loans
Total Option D
Bank Balance Sheet
Assets
Uses of Funds Liabilities + Net Worth
Sources of Funds
Deposits
$146,000,000 Reserves
Required
Excess $14,600,000
$18,400,000 Treasury Bonds $37,000,000 Borrowing $18,000,000 $136,000,000 Net Worth
$206,000,000 Total $42,000,000
$206,000,000 Loans
Total

 


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