In order to earn full credit all your work including the complete formula must be shown. (Total: 60 points)

1. ($ millions)

Interest income on loans and securities $ 1,200

Interest paid on deposits 1,000

Non-interest income 250

Total non-interest expense 350

Provision for loan loss 50

Security gains 25

Income taxes 21

Total bank assets 6,000

Total bank equity 600

Calculate the following ratios. Show complete formula to earn full credit.

1. Net income after taxes - show complete income statement structure as discussed in lecture (6 points)

1. Net non-interest margin (3 points)

1. Net profit margin (2 points)

1. Equity multiplier (2 points)
2. Return on equity (4 points)
3. Net operating margin (5 points)