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Question 5 of 10 2 Points Following data pertains to Castle State Bank. Balance Sheet: Cash 104.441, Securities 586.69, Net loans 1205.963, Net premises 295.661;
Question 5 of 10 2 Points Following data pertains to Castle State Bank. Balance Sheet: Cash 104.441, Securities 586.69, Net loans 1205.963, Net premises 295.661; Deposits 1106.707, Non-deposit borrowings 791.311, Common stock $10.88, Surplus $124.379; Income Statement: Interest Income 398.034, Interest expense 190.573, Noninterest income 50.313, Noninterest expense 103.007, Provision for loan losses 61.886, Securities gains (losses if negative) 1.417, Taxes 40.542. 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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