【文章內(nèi)容簡介】 ...............................................… 31,249 35,883 Surplus ..................................................................................… 259,409 146,781 Undivided profits ....................................................................... 236,867 166,067 Cumulative foreign currency translation adjustments ............... (1,319) (995) Memoranda: Loans and leases past due 3089 days .................................… 47,936 33,689 Loans and leases past due 90 or more days .........................… 10,890 8,096 Loans and leases in nonaccrual status .................................… 32,021 22,254 Ine earned, not collected on loans .................................… 32,127 20,249 Total assets in foreign offices ................................................… 759,871 585,096 ? 2020 by The McGrawHill Companies, Inc. All rights reserved. McGraw Hill / Irwin 15 17 Portfolio Characteristics of Commercial Banks INCOME AND EXPENSE OF FDICINSURED COMMERCIAL BANKS (Amounts in Millions of Dollars) 2020 1995 Number of institutions ................................................................… 8,315 9,940 Number of employees (fulltime equivalent) ..............................… 1,662,335 1,484,421 Total interest and fee ine ....................................................... 427,985 302,383 Domestic office loans .............................................................… 294,837 200,106 Foreign office loans ................................................................… 24,533 23,349 Lease financing receivables ...................................................… 10,781 3,705 Balances due from depository institutions ..............................… 6,441 6,147 Investment securities ..............................................................… 68,456 51,213 Assets held in trading accounts ..............................................… 9,424 8,244 Federal funds sold amp。 securities bought under resell agreements 13,513 9,618 Source: Federal Deposit Insurance Corporation Portfolio Characteristics of Commercial Banks Source: Federal Deposit Insurance Corporation 15 18 INCOME AND EXPENSE OF FDICINSURED COMMERCIAL BANKS … continued 2020 1995 Total interest expense ...............................................................… 224,195 148,173 Domestic office deposits .........................................................… 114,930 79,404 Foreign office deposits ............................................................… 36,736 25,977 Federal funds purchased and securities sold under agreements to repurchase .................................................… 27,436 18,548 Demand notes issued to the . Treasury amp。 other loans ......... 39,171 21,050 Subordinated notes and debentures ......................................… 5,922 3,193 Net interest ine ....................................................................… 203,790 154,210 Provisions for credit losses and allocated transfer risk .............… 29,254 12,603 Total noninterest ine ...........................................................… 152,751 82,426 Fiduciary activities ..................................................................… 21,370 12,304 Service charges on deposit accounts .....................................… 23,778 16,046 Trading account gains and fees .............................................… 12,444 6,333 Foreign exchange exposures .............................................… 5,089 2,491 All other noninterest ine ...................................................… 95,159 47,743 Total noninterest expense ........................................................… 215,753 149,729 Salaries and employee benefits ............................................… 88,507 63,440 Premises and equipment ......................................................… 26,765 19,618 All other noninterest expense ...............................................… 100,481 66,670 Portfolio Characteristics of Commercial Banks Source: Federal Deposit Insurance Corporation 15 19 INCOME AND EXPENSE OF FDICINSURED COMMERCIAL BANKS … continued 2020 1995 Pretax operating ine ....................................................… 111,534 74,304 Gains (losses) on securities not held in trading accounts .........… (2,285) 541 Applicable ine taxes ...........................................................… 38,043 26,125 Ine before extraordinary items ............................................… 71,206 48,720 Extraordinary items, ............................................................… (30) 26 Net ine .................................................................................… 71,176 48,745 Net loan and lease chargeoffs .................................................… 23,613 12,202 Total loan and lease chargeoffs ............................................… 29,254 18,204 Total loan and lease recoveries .............................................… 5,641 6,002 Cash dividends declared ..........................................................… 53,798 31,053 Cash dividends declared on preferred stock .........................… 105 202 Cash dividends declared on mon stock ..........................… 53,693 30,851 Net additions to capital stock ....................................................… 4,304 2,449 ? 2020 by The McGrawHill Companies, Inc. All rights reserved. McGraw Hill / Irwin 15 20 Money Creation and Destruction by Banks ? Banks have the power to create money in the form of new checkable deposits, credit card lines