The financial statements for BSW National Bank (BSWNB)

are shown below:

Balance Sheet BSW National Bank Assets Liabilities and Equity Cash and due from banks $ 936 Demand deposits $ 5,040 Investments 3,100 Small time deposits 4,020 Federal funds sold 1,664 Jumbo CDs 4,680 Loans (less reserve for loan losses of 2,400) 9,120 Federal funds purchased 312 Equity 1,548 Premises 780 Total Total assets $15,600 liabilities/equity $15,600 Income Statement BSW National Bank Interest income $1,150 Interest expense 475 Provision for loan losses 150 Noninterest income 260 Noninterest expense 525 Taxes 60

a. What is the dollar value of earning assets held by BSWNB?

b. What is the dollar value of interest-bearing liabilities held by BSWNB?

c. What is BSWNB’s total operating income?

d. Calculate BSWNB’s asset utilization ratio.

e. Calculate BSWNB’s net interest margin.

AppendixLO1