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Question 2 of 10 2 Points Following data pertains to Castle State Bank. Balance Sheet: Cash 95.758, Securities 592.259, Net loans 1185.112, Net premises 305.343;
Question 2 of 10 2 Points Following data pertains to Castle State Bank. Balance Sheet: Cash 95.758, Securities 592.259, Net loans 1185.112, Net premises 305.343; Deposits 1101.22, Non-deposit borrowings 813.689, Common stock $10.668, Surplus $121.551; Income Statement: Interest Income 398.392, Interest expense 180.662, Noninterest income 48.061, Noninterest expense 95.603, Provision for loan losses 61.415, Securities gains (losses if negative) 14.193, Taxes 40.827. What is Castle State Bank's asset utilization ratio? 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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