Tuesday, August 9, 2011

On to Liabilities of GS Bank

GS bank has an interesting liabilities mix to boot, I mean it is in the 2nd percentile for total liabilities. I think this assuages any concern with regards to how risky it is. The bank has very little deposits, again, it's not the typical bank.

 Its deposits are also in the 2nd percentile. It has virtually nothing of its deposits in demand deposits (it has the 9th percentile).
Other deposits, which I assume are all interest bearing, have more middle of the pack percentile rankings.
Other borrowings that GS Bank has include the ultra conservative fed funds (94th percentile), fed home loan borrowings (21st percentile), total other borrowings (97 percentile), acceptances and other liabilities (98th percentile). "Other liabilities' include mortgages and leases.
 Total liabilities though is rather benign. Like I said, it's in the 2nd percentile.
One fact which pops out at me is the trend for standby letters of credit.
GS bank's SLOC have risen from the 10th percentile to 83rd. SLOCs are typically safe so no alarm here.



No comments:

Post a Comment