商业银行经营评价模板1254讲述.ppt

第二章 商业银行经营评价 Balance Sheet Income Statement Relationship between Balance Sheet and Income Statement Return on Equity Model 股份制商业银行风险评级体系(04年2月22日) Performance Characteristics of Different-sized Banks Balance Sheet It is a statement of financial position listing assets owned, liabilities owed, and owner’s equity as of a specific date. Assets = Liabilities + Equity. Balance sheet figures are calculated at a particular point in time and thus represent stock values. China Big Four Banks (12/31/2002) v.s. All US Banks (12/31/2002) PNC Bank (12/31/2000, TA: 63 bn) v.s. Community National Bank (12/31/00, TA: 0.1bn) Bank Assets: Loans Loans are the major asset in most banks’ portfolios and generate the greatest amount of income before expenses and taxes. They also exhibit the highest default risk and are relatively illiquid. Loans: Categories Real estate loans Commercial loans Loans to individuals Agricultural loans Other loans in domestic offices Loans and leases in foreign offices Three adjustments Leases; Unearned income; Loss allowance PNC and CNB: Loan portfolio (2000) Bank Assets: Investment securities Investment securities are held to earn interest, help meet liquidity needs speculate on interest rate movements serve as part of a bank’s dealer functions. The administration and transaction costs are extremely low. Bank Assets: Investment securities Short-term investments Interest-bearing bank balances (deposits due from other banks) federal funds sold securities purchased under agreement to resell (RPs) Treasury bills municipal tax warrants Long-term investment: notes and bonds Treasury securities Obligations of federal agencies Mortgage-backed, foreign, and corporate Bank Assets: Noninterest cash and due from banks It consists of vault cash, deposits held at Federal Reserve Banks deposits held at other financial institutions cash items in the process of collection These assets are held to meet customer withdrawal needs meet legal reserve requirements as