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Megalopolis Bank has the following balance sheet and income statement. For Megalopolis, calculate (Round your answers to 2 decimal places. (e.g., 32.16)) : Megalopolis Bank
Megalopolis Bank has the following balance sheet and income statement.
For Megalopolis, calculate (Round your answers to 2 decimal places. (e.g., 32.16)):
Megalopolis Bank has the following balance sheet and income statement. Assets Cash and due from banks Investment securities Repurchase agreements Loans Fixed assets Other assets Balance Sheet (in millions) Liabilities and Equity $ 10,100 Demand deposits 34,000 NOW accounts 53,000 Retail CDs 101,000 Debentures 26,000 Total liabilities 5,100 Common stock Paid-in capital Retained earnings $229,200 Total liabilities and equity $ 30,000 100,000 39,000 30,000 $199,000 12,000 4,000 14,200 $229,200 Total assets Income Statement Interest on fees and loans Interest on investment securities Interest on repurchase agreements Interest on deposits in banks Total interest income Interest on deposits Interest on debentures Total interest expense Net interest income Provision for loan losses Noninterest income Noninterest expenses Income before taxes Taxes Net income $10,100 5,100 7,100 2,100 $24,400 $10,100 3,100 $13,200 $11,200 2,800 3,100 2,100 $ 9,400 3,400 $ 6,000 For Megalopolis, calculate (Round your answers to 2 decimal places. (e.g., 32.16)): a. b. C. e. Return on equity Return on assets Asset utilization Equity multiplier Profit margin Interest expense ratio Provision for loan loss ratio Noninterest expense ratio Tax ratio fStep by Step Solution
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