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Question 6 of 10 0.0 2.0 Points Following data pertains to Castle State Bank. Balance Sheet: Cash 100.958, Securities 615.33, Net loans 1225.972, Net premises
Question 6 of 10 0.0 2.0 Points Following data pertains to Castle State Bank. Balance Sheet: Cash 100.958, Securities 615.33, Net loans 1225.972, Net premises 291.572; Deposits 1108.642, Non-deposit borrowings 790.265, Common stock $10.828, Surplus $122.054; Income Statement: Interest Income 408.414, Interest expense 214.671, Noninterest income 50.786, Noninterest expense 101.016, Provision for loan losses 58.85, Securities gains (losses if negative) 7.662, Taxes 41.124. What is Castle State Bank's net noninterest margin? Decimalize your answer, round to four decimals. E.g., if your answer is 10.445%, record it as 0.1045. Note: Undivided profits is the only item missing above; it is the item that would balance the balance sheet. * -0.0241 Answer Key:-0.0488
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