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Chapter 5
The Financial Statements of Banks and Their Principal Competitors
Fill in the Blank Questions日趋笃厚
1. Fed funds purchad is an example of _______________________ along with Eurodollar borrowings.
Answer: nondeposit borrowings
2. The short term curities of the bank, including T-Bills and commercial paper, are often called __________________________ becau they are the cond line of defen to meet demands for cash.
Answer: condary rerves
3. __________________________ is a noncash expen on the bank's income statement which allows the bank to account for future bad loans.
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Answer: Provision for loan loss
4. __________________________ is the difference between interest income and interest expens for a financial institution.
Answer: Net interest income
5. __________________________ are the primary long term liabilities of the bank. The liabilities are paid only after deposits have been paid in the event of bankruptcy.
Answer: Subordinated notes and debentures
6. A(n)__________________________ is where the financial institution agrees to guarantee repayment of a customer's loan received from a third party.
Answer: standby credit agreement
7. A(n)__________________________ is a short term collateralized loan. The collateral that is ud generally consists of T-Bills.
Answer: repurcha agreement
8. A(n)__________________________ is a deposit account which pays an interest rate competitive with money market mutual funds and which generally has limited check writing ability.
Answer: money market deposit account
9. _____________________ is the sum of all outstanding IOU's owed to the bank in the form of consumer, real estate, commercial and agriculture loans as well as other types of credit extensions.
Answer: gross loans
10. A financial institution often records the value of its asts and liabilities at _______________ which is the original or historical cost of the ast.
Answer: book value
11. The principal types of__________________________ include fee income, income from fiduciary activities and rvices charges on deposits.
Answer: noninterest income
12. The__________________________ shows the amount of revenues received and expens incurred over a specific time period.
Answer: Report of Income (income statement)
13. The__________________________ lists the asts, liabilities and equity capital held by the bank on a given date.
Answer: Report of Condition (balance sheet)
14. ______________ is labeled "Accounting for Derivative Instruments and Hedging Activities." 硬盘坏道怎么屏蔽
Answer: FASB 133
15. ________________ labeled “Accounting for Derivative Instruments and Hedging Activities” and its recent amendments, FASB 138, are designed to make derivatives more publicly visible on corporate financial statements.
Answer: FASB 133
16. Under _____________ banks must account for the expected loss of interest income on nonperforming loans when calculating their loan-loss provision.
Answer: FASB 114
17. Temporarily buying and lling curities by a curities firm in a thinly traded market so as to influence the price is known as _________________.
Answer: painting the tape
虎配什么生肖最好 18. The activity of manipulating the financial statements to artificially enhance the banks financial strength is known as ___________________.
绿遍山原白满川Answer: window dressing or ‘creative accounting’
19. is direct and indirect investment in real estate. The are properties obtained for compensations for nonperforming loans.
Answer: Other Real Estate Owned (OREO)
20. consists of interest income received on loans from customers that has not yet been earned by the bank under accrual accounting methods.
Answer: Unearned discount income
21. can be held by individuals and nonprofit institutions, bear interest and permit drafts from being written against the account to pay third parties.
Answer: Now accounts
22.In the worldwide banking system, reprent transferable time deposits in a variety of currencies and are often the principal source of short term borrows by banks.
Answer: Eurocurrency Borrowings
家长英语23.One part of aris from fees charged for ATM and POS transactions.
