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please dont answer if you not VERY sure of the answer. thanks You received partial credit in the previous attempt 5 The financial statements for
please dont answer if you not VERY sure of the answer. thanks
You received partial credit in the previous attempt 5 The financial statements for THE Bank are shown below: Assets Cash Demand deposits from other FIS Investments Federal funds sold Loans Reserve for loan losses Premises Total assets Balance Sheet THE Bank Liabilities and Equity $ 360 Demand deposits 760 Small time deposits 1,960 Jumbo CDs 1,060 Federal funds purchased 6,96 Equity (1,000) 910 $11,010 Total liabilities/equity $ 2.610 4,968 1,585 1,160 695 $11,010 Income Statement THE Bank Interest income Interest expense Provision for loan losses Noninterest income Noninterest expense Taxes $2,520 1,790 100 400 490 80 You received partial credit in the previous attempt Income Statement THE Bank Interest income Interest expense Provision for loan losses Noninterest income Noninterest expense Taxes $2,520 1,790 100 400 498 80 a. Calculate THE Bank's earning assets. b. Calculate THE Bank's ROA. (Round your answer to 3 decimal places. (e.g., 32.161)) c. Calculate THE Bank's total operating income. d. Calculate THE Bank's spread. (Do not round intermediate calculations. Round your answer to 3 decimal places a b THE Bank's earning assets THE Bank's ROA THE Bank's total operating income THE Bank's spread 8,980 4.178 % 2,920 6.648% $ O to searchStep by Step Solution
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