Assignment
Write an essay that answers the following questions:
- What similarities do you see between the balance sheets and income statements of smaller community banks versus major money center banks?
- What are the principal differences?
For comparison purposes, view the most recent financial reports of one or more community banks in your home town of Dallas, TX, and compare them to the financial reports filed most recently by such industry leaders as J.P. Morgan Chase and Citigroup. You can find data for all FDIC-insured institutions at SDI (www2.fdic.gov/sdi/), or you can search an institution's website.
Your essay must meet the following requirements:
- It must be 3-4 pages in length, not including the cover and reference pages.
- Follow the CSU-Global Guide to Writing and APA.
Your essay should include an introduction, a body with developed paragraphs, and a conclusion and scholarly references with in-text citations.