1. Last year, interest income for ConCo bank was $4012 while interest expense was $1010. total equity was $10,815 and total liabilities was $93,369. what was ConCo's net interest margin?

1. 0.3710
2. 0.2776
3. 0.0385
4. 0.0322
5. 0.0288

2. TopCo Bank currently pays a quarterly dividend of $0.55 and is projected to have a growth rate of 7.5%. if the banks cost of equity is 125%, what is the current price of TopCo stock?

1. $11.58
2. $12.45
3. $49.79
4. $46.32
5. Cannot be determined

3. The FDIC is comprised of 5 members each appointed by the head of the Federal Reserve Bank? (True or False)
4. Mr. Reason noted that there are 3 lines of defense to protect Flagstar from risk related issues. Which of the following is not a line of defense?

1. Enterprise Risk Management
2. Branches the areas taking on the risks themselves
3. Internal Audit
4. Board of Directors oversight
5. All of the above are lines of defense

5. In the Moody annual announcement, the credit for was rated A1? (True or False)