Global Bank and Savings Incorporated reports that the total amount of its net loans and leases outstanding is $936 million, its assets total $1,324 million, its equity capital amounts to $110 million, and it holds $1,150 million in deposits, all expressed in book value. The estimated market values of the bank's total assets and equity capital are $1,443 million and $130 million, respectively. The bank's stock is currently valued at $60 per share with annual per-share earnings of $2.50. Uninsured deposits amount to $243 million and money-market borrowings total $132 million, while nonperforming loans currently amount to $43 million and the bank just charged off $21 million in loans. Calculate the Nonperforming Loans Ratio from the foregoing data. Stimulus: [Non-performing loans/Total Net loans and leases] x100 = Exclude % sign from your answer. Example 6.94% is 6.94 Answer: