Question
ASSETS INCOME STATEMENT DATA CASH 336,500 INTEREST INCOME 382,000 FED FUNDS 72,000 NON INTEREST INCOME 226,000 TREASURY SECURITIES 1,498,000 INTEREST EXPENSES 277,000 MUNICIPAL BONDS 248,000
ASSETS INCOME STATEMENT DATA CASH 336,500 INTEREST INCOME 382,000 FED FUNDS 72,000 NON INTEREST INCOME 226,000 TREASURY SECURITIES 1,498,000 INTEREST EXPENSES 277,000 MUNICIPAL BONDS 248,000 NON INTEREST EXPENSES 164,000 CORPORATE BONDS 48,000 PROVISION FOR LOAN LOSSES 5,950 GROSS LOANS & LEASES 4,600,000 TAX RATE 19% RESERVE FOR LOAN LOSSES 12,000 NET LOANS & LEASES 4,588,000 OTHER ASSETS 31,000 TOTAL ASSETS 6,821,500 LIABILITIES DEMAND DEPOSITS 570,000 SAVINGS ACCOUNTS 700,000 NOW ACCOUNTS 800,000 MONEY MARKETS ACC. 400,000 CD RETAIL 2,580,000 CD WHOLESALE 1,200,000 - REPO'S 37,000 OTHER LIABILITIES 12,500 TOTAL LIABILITIES 6,299,500 TOTAL EQUITY 522,000 TOTAL LIABILITIES & EQUITY 6,821,500 CALCULATE ROE PRESENT YOUR ANSWER AS PERCENTAGE ROUNDED TO ZERO DECIMAL PLACES DON'T USE THE PERCENTAGE SYMBOL EX IF YOUR ANSWER IS 67%, JUST WRITE 67
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