Reserve Requirements_1

Reserve Requirements_1 - $34,186,500.00 Total Required...

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Example of the application of reserve requirements Reserve Requirements on Net Transactions Accounts rr $0-$10.7 m 0.00% $10.7m - $55.2 m. 3.00% > $55.2 m. 10.00% Capital City Bank Net Transactions Accts as of 12/31/2008= Computation rr RR $10,700,000 0.00% $0.00 $44,500,000.00 3.00% $1,335,000.00 $341,865,000.00 10.00%
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Unformatted text preview: $34,186,500.00 Total Required Reserves $35,521,500.00 The amoung over $55,200,000 = $397,065,000 - $55,200,000= $341,865,000.00 $397,065,000 first $10,700,000 is reservable at 0% next $44,500,000 is reservable at 3% anything over $55,200,000 is reservable at 10%...
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This note was uploaded on 03/16/2011 for the course FIN 4324 taught by Professor Clark during the Spring '11 term at FSU.

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Reserve Requirements_1 - $34,186,500.00 Total Required...

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