balance sheet of Bank of America (BOA)

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The table below shows the balance sheet of all commercial banks based on aggregate data found in the Federal Reserve Bulletin. Compare the data in the table to the balance sheet of Bank of America (BOA) which can be found at  https://www.marketwatch.com/investing/stock/bac/financials/balance-sheet .  Specifically, add two columns to the table to present BOA percentages (10 points).

All banks

BOA

All banks

BOA

Assets

Liabilities

Reserves & Cash items

16

……..

Checkable deposits

10

…….

As far as BOA is concerned, use 2019 data. Use your table to compare the percentages of loans and securities in the balance sheet of BOA (2019) with the percentages of loans and securities presented in the balance sheet of all commercial banks (2016).  Limit your comparison to 200 words per category compared (loans (5 points) and securities (5 points)).   Remember to add the number of words and references.

The balance sheet of all commercial banks in 2016 in the table below (items as a percentage of total)

ASSETS

LIABILITIES

Reserves & Cash Items

16

Checkable deposits

10

Securities

 

Non-transaction deposits

 

U.S. government and agency

14

Small-denomination time deposits

50

State and local government and other securities

6

State and local government and other securities

 

Loans

 

Large-denomination time deposits

10

Commercial and industrial

13

Borrowings

19

Real estate

25

Bank capital

11

Consumer

8

 

 

Other

9

 

 

Other assets (for example, physical capital)

8

 

 

Total

100

Total

100

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