Purchase and assumption method


Question 1: New bank started its first day of operations with $6 million in capital .A total of $100 million in checkable deposits is received. The bank makes a $25 million commercial loan and another $25 million in mortgage loans .If required reserves are 8%, what does the bank balance sheet looks like.

Question 2: New bank decides to invest $45 million in 30 day T-Bills . The T-Bills are currently trading at $4,986.70(including commissions) for a $5,000 face value instrument .How many do they purchase ? What does the balance sheet look like?

Question 3: Consider a failing bank, A deposit of 350,000 is worth how much if the FDIC uses the payoff method? The purchase and assumption method? which is more costly to tax payers?

Question 4: If the below bank makes a loan commitment for $10 million to a commercial customer .Calculate the banks' capital ratio before and after the agreement. Calculate the banks risk-weighted assets before and after the agreement.

Assets    Liabilities
Required Reserves 8 million    Checkable deposits $100 million
Excess Reserves 3 million    Bank Capital $6 million
T Bills 45 million
Commercial Loans 50 million

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Finance Basics: Purchase and assumption method
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