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a. b. The financial statements for First National Bank (FNB) are shown below: C. d. Assets Cash Demand deposits from other FIS Investments Federal funds
a. b. The financial statements for First National Bank (FNB) are shown below: C. d. Assets Cash Demand deposits from other FIS Investments Federal funds sold Loans Reserve for loan losses Premises Total assets Income Statement First National Bank Interest income Interest expense Provision for loan losses Noninterest income Noninterest expense Taxes Balance Sheet First National Bank. FNB's earning assets FNB's ROA FNB's asset utilization ratio FNB's spread $ 3,450 2,300 350 310 590 90 $ 620 2,200 4,900 2,535 17,225 (2,825) 2,535 $ 27,190 a. Calculate the dollar value of FNB's earning assets. b. Calculate FNB's ROA. (Round your percentage answer to 2 decimal places. (e.g., 32.16)) c. Calculate FNB's asset utilization ratio. (Round your percentage answer to 2 decimal places. (e.g., 32.16)) d. Calculate FNB's spread. (Round your percentage answer to 2 decimal places. (e.g., 32.16)) Liabilities and Equity % % % Demand deposits Small time deposits Jumbo CDs Federal funds purchased Equity Total liabilities/equity $ 6,490 10,500 4,050 3,100 3,050 $ 27,190
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