Answer:
The answer is: $13,000,000
Explanation:
To calculate Coppock Bank's total assets we can use the following formula:
bank assets = reserve account + loans + treasury securities + other assets
bank assets = $10,000,000 + $3,000,000 = $13,000,000
The balance sheet equation is: assets = liabilities + equity
So the $2,000,000 in equity are not included in the bank's assets