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all data are in the correct form 2) The following balance sheet items and income statement information is provided to you for a different bank
all data are in the correct form
2) The following balance sheet items and income statement information is provided to you for a different bank ($ millions) Liabilities Checking deposits 10,000 50,000 2,000 90,000 Assets Cash 25,000 Due from banks Net loans 65,000 Investment securities 5,000 Fixed assets 15.000 Saving deposits Time deposits 30,000 Federal funds purchased 15,000 Total equity capital Income Statement Interest income on loans Interest paid on deposits Noninterest income Total noninterest expense $7,200 4,800 2,000 3,500 Calculate the following: Earnings spread (20 points) 2) The following balance sheet items and income statement information is provided to you for a different bank ($ millions) Liabilities Checking deposits 10,000 50,000 2,000 90,000 Assets Cash 25,000 Due from banks Net loans 65,000 Investment securities 5,000 Fixed assets 15.000 Saving deposits Time deposits 30,000 Federal funds purchased 15,000 Total equity capital Income Statement Interest income on loans Interest paid on deposits Noninterest income Total noninterest expense $7,200 4,800 2,000 3,500 Calculate the following: Earnings spread (20 points)Step by Step Solution
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