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Newburg Bank has the following financial information (all numbers in millions of dollars): Write your answers with two decimal points and show all work Balance
Newburg Bank has the following financial information (all numbers in millions of dollars): Write your answers with two decimal points and show all work Balance Sheet Income Statement Cash $110 Interest Income $380 Securities Investments $580 Interest Expenses ($160) Net Loans $1250 Non-Interest Income $60 Net Premises and Equip. $250 Non-Interest Expenses ($110) Total Assets $2190 Provision for Loan Losses ($70) Deposits $1200 Pre Tax Net Operating Income $100 Non-Deposit Borrowings * $750 Securities Gains (Losses) (530) Equity Capital $240 Taxes (525) Total Liabilities and Equity $2190 Net Income $45 All Purchased Funds a Use this information to calculate the bank's ROE. b. Use this information to calculate the bank's ROA. c. Use this information to calculate the bank's net profit margin. d. Use this information to calculate the bank's asset utilization ratio
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