Problems: Please include the complete formula (where appropriate)

1. The following information is available to you on the banks statements ($ millions)

Total bank assets $15,000

Total bank equity 1,350

Interest income on loans and securities 960

Interest paid on deposits 492

Non-interest income 240

Total non-interest expense 375

Provision for loan loss 75

Taxes 63

Calculate the following ratios.

1. Net income after taxes

2. Net operating margin

3. Return on equity

4. Net interest margin