Following are selected balance sheet accounts for Third State Bank:
vault cash � $2 million; U.S. government securities � $5 million;
demand deposits � $13 million; nontransactional accounts � $20
million; cash items in process of collection �$4 million; loans to individuals
�$7 million; loans secured by real estate �$9 million; federal
funds purchased �$4 million; and bank premises �$11 million
Following are selected balance sheet accounts for Third State Bank:
vault cash � $2 million; U.S. government securities � $5 million;
demand deposits � $13 million; nontransactional accounts � $20
million; cash items in process of collection �$4 million; loans to individuals
�$7 million; loans secured by real estate �$9 million; federal
funds purchased �$4 million; and bank premises �$11 million
2 answers
Following are selected balance sheet accounts for Third State Bank:
vault cash � $2 million; U.S. government securities � $5 million;
demand deposits � $13 million; nontransactional accounts � $20
million; cash items in process of collection �$4 million; loans to individuals
�$7 million; loans secured by real estate �$9 million; federal
funds purchased �$4 million; and bank premises �$11 million
vault cash � $2 million; U.S. government securities � $5 million;
demand deposits � $13 million; nontransactional accounts � $20
million; cash items in process of collection �$4 million; loans to individuals
�$7 million; loans secured by real estate �$9 million; federal
funds purchased �$4 million; and bank premises �$11 million
1 answer