As the Treasurer of NKU bank, you have been given the following information in $ thousands. Assume the year base is on a 365 day actual basis and it is the results are for the quarter ending 2Q 2022 (91 days). Calculate the Financial Leverage Ratio. Round up to the nearest whole decimal.

Total Average Assets = $8,830,176

Total Average Earning Assets = $8,087,848

Total Average Shareholders (Owners) Equity = $929,474

Interest Income = $90,354

Interest Expense = $14,542

Non-Interest Income = $16,938

Non-Interest Expense = $52,288

Provision for Loan Losses = $2,303

Net Income After Taxes = $30,506

Average Shares Outstanding = 62,180,744 (Actual)

Group of answer choices

9.38

9.03

10.05

9.50

9.49