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Given the information below for a bank, what is the Return on Equity? (ROE). Original Interest income 2,250 Interest Expense 1,500 Total assets 45,000 Security

Given the information below for a bank, what is the Return on Equity? (ROE).
Original
Interest income 2,250
Interest Expense 1,500
Total assets 45,000
Security losses or gains 21
Earnings assets 40,000
Total liabilities 38,000
Taxes paid 16
Common shares outstanding 5,000
Noninterest income 800
Noninterest expense 900
Provisions for loan losses 250
A.

8.06%

B.

9.59%

C.

5.79%

D.

6.5%

E.

4.9%

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