The following accounts (billions) are taken from the balance sheet of a well-known depository financial institution:
NOW Accounts $1.7 Mortgages 2.9
Consumer Loans 1.2 Small Time Deposits 2.2
Cash Reserves 0.9 Fed Funds Sold 1.3
Premises 1.1 Demand Deposits 5.6
Stockholders' Equity 1.8 Treasury Bills 1.6
Municipal Bonds 0.6 Long-term Debt 2.0
Goodwill 0.4 Business Loans 5.2
Negotiable CD's 1.2 Deferred Expenses 0.7
a. Construct the balance sheet for this depository financial institution.
b. Could this be the balance sheet for St. Ann's Credit Union or Bank of America? describe fully the reasons for your choice.