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quick please ce US aSSSTIL Question 17 The following statistics are presented for 2020, 2019, and 2018 for Gulf Bank. (Amounts are in thousands) Average
quick please
ce US aSSSTIL Question 17 The following statistics are presented for 2020, 2019, and 2018 for Gulf Bank. (Amounts are in thousands) Average earning assets Provision for loan losses Average total assets Average total deposits Average total equity Average net loans Pretax income before securities transactio ns Net charge-offs Interest expense Interest income 2020 $170,000 8,500 250,000 198,000 21,000 96,000 23,000 2019 $160,000 8,200 225,000 188,000 17,000 90,000 20,000 2018 $150,000 8,000 210,000 180,000 15,000 85,000 18,000 10,000 24,000 56,000 8,000 20,000 48,000 7,000 16,000 40,000 Required: Calculate the following and comments on the trends of the ratios: 1 - the loan loss coverage ratio for 2020, 2019, and 2018. 2 - the deposits times capital for 2020, 2019, and 2018. 3- the loans to deposits for 2020, 2019, and 2018. 4 - the interest margin to average earning assets for 2020, 2019, and 2018. Note: Show your calculations clearlyStep by Step Solution
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