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Please check my work and show your results as well. Please calculate the gross loan to deposit ratio in percentage terms to the first decimal

Please check my work and show your results as well.

Please calculate the gross loan to deposit ratio in percentage terms to the first decimal place

, after there is a $5 million loan that is declared worthless

AND a $25 million deposit withdrawal.

Balance Sheet Category Balance Sheet Value ($s in millions)
Total Gross Loans

$500

Total Investment Securities $150
Total Allowance for Loan and Lease Losses -$5
Cash and Reserves $100
Total Assets $750
Deposits $550
Equity $45
Total Intangibles $10

answer? 94.3?

reasoning - Total gross loans of 495/ deposits of 525 = 94.29

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