ABC banks liabilities are only deposits, below is some financial data total deposits 3,000,000 demand deposits 200,000 Earning Assets 3,050,000 Cash 80,000 interest income 217,000 net interest income 118,000 reserve for loan losses 62,000 Calculate the Spread

Select one:

3.47%

3.00%

3.30%

3.17%

NOT ENOUGH DATA TO ANSWER

3.58%