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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
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 $ 9,300 Demand deposits 26,00 NOW accounts 45,000 Retail CDs 93, eee Debentures 18, eee Total liabilities 4,300 Common stock Paid-in capital Retained earnings $195,600 Total liabilities and equity $ 22,eee 92, cee 31,000 22,00 $167, eee 12,00 4, eee 12,600 $195,600 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 $ 9, 300 4, 30e 6, 30e 1, 30e $ 21, 2ee $ 9, 300 2, 30e $11,600 $ 9,600 2, 3ee 2,300 1,300 $ 8,300 3,400 $ 4,900 For Megalopolis, calculate (Round your answers to 2 decimal places. (e.g., 32.16)): a. 96 b. 96 c. 996 d. 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 96 f. 996 996 9. h. 996 i. 96
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