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Economics/Question about financial report...


Total loans of The bank in first quarter : 100 billions . Second quarter : 110 billions . Third quarter : 111 billions . Fourth quarter : 150 billions . And in annual report , total loans : 130 billions . I am confused , are total loans of the Bank 130 billions or sum of all quarters ?

The way you describe it, it sounds like the the total loans at the end of the year was $130 billion.  Remember that the total amount of loans isn't static, it increases as they lend more, and decrease as loans are repaid.  Each financial report is simply a snapshot, a single point in time, so it would be very unusual if the sum of the quarterly reports was equal to the annual report.


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Michael Taillard


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Economic Consulting: American Red Cross; US Strategic Command -- Economics Lecturing: Bellevue University (Bellevue, NE) Huijia College (Beijing), OPII Schools (Omaha), Madonna University (Livonia), Schoolcraft College (Livonia), ZomBCon (Seattle), Zombiefest (Lincoln) -- Media Appearances: Dead Man Working (2012 Movie documentary), The Heartland News (Omaha local news outlet)

American Economics Association, Business Networks International, Midwest Writer's Guild, Zombie Research Society

Economics and Modern Warfare: The Invisible Fist of the Market (Palgrave Macmillan) -- 101 Things Everyone Should Know about Global Economics (Adams Media) -- Corporate Finance for Dummies (Wiley) -- Psychology and Modern Warfare (Palgrave Macmillan) -- Analytics and Modern Warfare (Palgrave Macmillan)

PhD (Financial Economics; honors) -- MBA (International Business Finance; honors) -- Grad School Certificate (International Business Management; honors) -- BS (International Business Economics; honors) -- AA (Business Administration; honors) -- Certificate (Chinese Language and Culture) -- Trade School (Transportation Logistics; honors)

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Philanthropy awards and nominations for the OPII Schools economic experiment

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