Question
Question 23 (4 points) What is the return on equity for the bank? Amount ($millions) Amount ($millions) Cash 40 Interest Income Inv. Securities 120 Securities
Question 23 (4 points)
What is the return on equity for the bank? Amount ($millions) Amount ($millions) Cash 40 Interest Income Inv. Securities 120 Securities 3.564 Net Loans Business Loans 22.480 Business Loans 400 Mortgages 7.735 Mortgages 170 Installment Loans 11.280 Installment Loans 160 Credit Cards 5.855 Credit Cards 50 Interest Expense Loan Loss Reserve 12 Demand Deposits 2.125 Other Assets 30 Savings Accounts 2.755 Total Assets 970 Time Deposits 7.567 Purchased Funds 7.664 Demand Deposits Loan Loss Provision 3.588 Non-Int Bearing 100 Non-Interest Income 15.325 Interest Bearing 170 Non-Interest Expense 31.416 Savings Accounts 190 Capital Gains/Losses -0.248 Time Deposits 230 Before Tax Income 10.876 Purchased Funds 160 Taxes 3.698 Equity 120 Net Income 7.178 Total Liab and Equity 970
Question 23 options:
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