Excess reserves a. are reserves banks keep above the legal requirement. your answer is correct. b. are loans made at above market interest rates. c. are reserves banks keep to meet the reserve requirement. d. are the deposits that banks do not use to make loans. suppose the required reserve ratio is 1212% and a bank has the following balance sheet: assets liabilities reserves $2 comma 2002,200 deposits $11 comma 00011,000 loans $8 comma 8008,800 this bank keeps required reserves of $nothing and excess reserves