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Interpretation of the residual of assets less liabilities

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Go to the St. Louis Federal Reserve FRED database, and find data for all commercial banks on total liabilities (TLBACBM027SBOG), total deposits (DPSACBM027SBOG), and residual of assets less liabilities (RALACBM027SBOG).

What is the balance sheet interpretation of the residual of assets less liabilities?

For the most recent month of data avail- able, use the three indicators listed above to calculate the total amount of borrowings by banks.

Reference no: EM133063140

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