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Review the following information about Bank A. Dollars are in millions. Assets Value Cash $ 850 Securities 1,925 Loans 5,400 Other Assets 975 Total $

Review the following information about Bank A. Dollars are in millions. Assets Value Cash $ 850 Securities 1,925 Loans 5,400 Other Assets 975 Total $ 9,150 Liability and Equity Value Deposits $ 6,475 Other Borrowing 1,645 Equity 1,030 Total $ 9,150 Income Statement Value Interest income on loans $450 Interest income on securities 95 Interest expenses 246 Non-interest income 78 Non-income expenses 112 Provision for loan loss 35 Taxes 115 NI $ 115 The bank's profit margin is . Review the following information about Bank A. Dollars are in millions. Assets Value Cash $ 850 Securities 1,925 Loans 5,400 Other Assets 975 Total $ 9,150 Liability and Equity Value Deposits $ 6,475 Other Borrowing 1,645 Equity 1,030 Total $ 9,150 Income Statement Value Interest income on loans $450 Interest income on securities 95 Interest expenses 246 Non-interest income 78 Non-income expenses 112 Provision for loan loss 35 Taxes 115 NI $ 115 The bank's profit margin is . 27.27% 18.46% 23.08% None of these choices are correct. 21.31%

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