Assets

Cash $ 600.00 Demand Deposits from other Fis $ 1,890.00 Investments $ 3,680.00 Fed Funds Sold $ 1,988.00 Loans $ 16,145.00 Reserve for Loans $ (1,040.00) Premises $ 1,620.00 Total Assets (TA) $ 24,883.00

Liabilities & Equity Demand Deposits $ 5,590.00 Small time Deposits $ 9,867.00 Jumbo CDs $ 3,198.00 Fed Funds purchased $ 2,500.00 Equity $ 3,728.00 Total Liabilities & Equity $ 24,883.00

Income Statement

Interest of Fees and loan $ 1,200.00 investment on investment securities $ 700.00 Interest of repurchase agreement $ 780.00 Interest on deposits in banks $ 265.00 Total Interest Income $ 2,945.00 Interest on Deposits $ 945.00 Interest on Debentures $ 689.00 Total Interest Expense $ 1,634.00 Loan Loss provision $ 140.00 Noninterest income $ 185.00 Noninterest Expense $ 281.00 Total $ 236.00 Income before Taxes (IBT) $ 1,075.00 Taxes $ 215.00 Net Income (NI) $ 860.00

Income Statement

Interest of Fees and loan $ 1,200.00 investment on investment securities $ 700.00 Interest of repurchase agreement $ 780.00 Interest on deposits in banks $ 265.00 Total Interest Income $ 2,945.00 Interest on Deposits $ 945.00 Interest on Debentures $ 689.00 Total Interest Expense $ 1,634.00 Loan Loss provision $ 140.00 Noninterest income $ 185.00 Noninterest Expense $ 281.00 Total $ 236.00 Income before Taxes (IBT) $ 1,075.00 Taxes $ 215.00 Net Income (NI) $ 860.00

Review the financial statements for Peoples National Bank (PNB) and prepare a written response to the following questions:

1. Analyze the following ratios for PNBs financial statements:
   • Earning Assets
   • Return on Assets
   • Total Operating Income
   • Asset Utilization
   • Net Interest Margin Spread
   • Overhead Efficiency
   • Tax Ratios
2. ComparetheresultsofPNBsratiostothebankingindustryaverage.Then,interprettheresultsofthecomparison.

I need help with finding the spread! Please answer that!