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1、第二章商业银行经营评价 对外经济贸易大学金融学院何自云 第二章商业银行经营评价 BalanceSheetIncomeStatementRelationshipbetweenBalanceSheetandIncomeStatementReturnonEquityModel股份制商业银行风险评级体系 04年2月22日 PerformanceCharacteristicsofDifferent sizedBanks BalanceSheet Itisastatementoffinancialpositionlistingassetsowned liabilitiesowed andowner seq
2、uityasofaspecificdate Assets Liabilities Equity Balancesheetfiguresarecalculatedataparticularpointintimeandthusrepresentstockvalues ChinaBigFourBanks 12 31 2002 v s AllUSBanks 12 31 2002 PNCBank 12 31 2000 TA 63bn v s CommunityNationalBank 12 31 00 TA 0 1bn BankAssets Loans Loansarethemajorassetinmo
3、stbanks portfoliosandgeneratethegreatestamountofincomebeforeexpensesandtaxes Theyalsoexhibitthehighestdefaultriskandarerelativelyilliquid Loans Categories RealestateloansCommercialloansLoanstoindividualsAgriculturalloansOtherloansindomesticofficesLoansandleasesinforeignofficesThreeadjustmentsLeases
4、Unearnedincome Lossallowance PNCandCNB Loanportfolio 2000 BankAssets Investmentsecurities Investmentsecuritiesareheldtoearninterest helpmeetliquidityneedsspeculateoninterestratemovementsserveaspartofabank sdealerfunctions Theadministrationandtransactioncostsareextremelylow BankAssets Investmentsecur
5、ities Short terminvestmentsInterest bearingbankbalances depositsduefromotherbanks federalfundssoldsecuritiespurchasedunderagreementtoresell RPs TreasurybillsmunicipaltaxwarrantsLong terminvestment notesandbondsTreasurysecuritiesObligationsoffederalagenciesMortgage backed foreign andcorporate BankAss
6、ets Noninterestcashandduefrombanks Itconsistsofvaultcash depositsheldatFederalReserveBanksdepositsheldatotherfinancialinstitutionscashitemsintheprocessofcollectionTheseassetsareheldtomeetcustomerwithdrawalneedsmeetlegalreserverequirementsassistincheckclearingandwiretransferseffectthepurchaseandsaleo
7、fTreasurysecurities BankAssets Otherassets Otherassetsareresidualassetsofrelativelysmallmagnitudessuchasbankersacceptancespremisesandequipmentotherrealestateownedandothersmalleramounts BankLiabilities Thecharacteristicsofvariousdebtinstrumentsdifferintermsofcheck writingcapabilitiesinterestpaidmatur
8、itywhethertheycarryFDICinsurancewhethertheycanbetradedinthesecondarymarket Bankliabilities Deposits DemanddepositstransactionsaccountsthatpaynointerestNegotiableordersofwithdrawal NOWs andautomatictransfersfromsavings ATS accountspayinterestsetbyeachbankwithoutfederalrestrictionsMoneymarketdepositac
9、counts MMDAs paymarketrates butacustomerislimitedtonomorethansixchecksorautomatictransferseachmonth Bankliabilities Deposits Twogeneraltimedepositscategoriesexist Timedepositsinexcessof 100 000 labeledjumbocertificatesofdeposit CDs SmallCDs consideredcoredepositswhichtendtobestabledepositsthataretyp
10、icallynotwithdrawnovershortperiodsoftime DepositsheldinforeignofficesbalancesissuedbyabanksubsidiarylocatedoutsidetheU S Coredoposits Coredepositsarestabledepositsthatarenothighlyinterestrate sensitive Coredepositsaremoresensitivetothefeescharged servicesrendered andlocationofthebank Coredepositsinc
11、lude demanddeposits NOWaccounts MMDAs andsmalltimedeposits Borrowings volatilefunds Large orvolatile borrowingsareliabilitiesthatarehighlyrate sensitive Normallyissuedinuninsureddenominations Theirabilitytoborrowissensitivetothemarketsperceptionoftheirassetquality Volatileliabilitiesornetnon corelia
12、bilitiesinclude largeCDs over100 000 depositsinforeignofficesfederalfundspurchasedrepurchaseagreementsotherborrowingswithmaturitieslessthanoneyear Capital Subordinatednotesanddebentures Notesandbondswithmaturitiesinexcessofoneyear Long termuninsureddebt Mostmeetrequirementsasbankcapitalforregulatory
13、purposes Unlikedeposits thedebtisnotfederallyinsuredandclaimsofbondholdersaresubordinatedtoclaimsofdepositors Capital Stockholders equity Ownershipinterestinthebank CommonandpreferredstockarelistedatparSurplusaccountrepresentstheamountofproceedsreceivedbythebankinexcessofparwhenitissuedthestock Inco
14、meStatement Itisafinancialstatementshowingasummaryofafirm sfinancialoperationsforaspecificperiod includingnetprofitorlossfortheperiodinquestion Abank sincomestatementreflectsthefinancialnatureofbanking asinterestonloansandinvestmentscomprisesthebulkofrevenue Netinterestincomemadeupapproximately77per
15、centofnetrevenueatabankin1981 butonlyabout58percentoftotalnetrevenueattheendof2001 TheIncomestatement Interestincome II Interestexpense IE NetinterestIncome NII Noninterestincome OI Noninterestexpense OE Loan lossprovisions PLL Operatingincomebeforesecuritiestransactionsandtaxes Realizedgainsorlosse
16、s Pretaxnetoperatingincome Taxes Netincome burden Interestincome thesumofinterestandfeesearnedonallofabank sassets Interestincomeincludesinterestfrom LoansDepositsheldatotherinstitutionsMunicipalandtaxablesecuritiesInvestmentandtradingaccountsecurities Interestexpense thesumofinterestpaidonallinterest bearingliabilities Itincludesinterestpaidtotransactionsaccounts NOW ATS andMMDA timeandsavingsdepositsshort termnon coreliabilitieslong termdebtInterestincomelessinterestexpenseisnetinterestincome
