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Question 1 of 10 2 Points Following data pertains to Castle State Bank. Balance Sheet: Cash 99.148, Securities 610.797, Net loans 1172.617, Net premises 301.403;
Question 1 of 10 2 Points Following data pertains to Castle State Bank. Balance Sheet: Cash 99.148, Securities 610.797, Net loans 1172.617, Net premises 301.403; Deposits 1097.589, Non-deposit borrowings 803.706, Common stock $10.336, Surplus $126.002; Income Statement: Interest Income 406.17, Interest expense 187.424, Noninterest income 49.35, Noninterest expense 102.41, Provision for loan losses 62.914, Securities gains (losses if negative) 5.721, Taxes 45.455. What is Castle State Bank's ROE? Decimalize your answers, round to four decimals. E.g., if your answer is 14.445%, record it as 0.1445. Note: Undivided profits is the only item missing above; it is the item that would balance the balance sheet
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