The correct answer is 2.079%

Explination please

Calculate Spread

ASSETS INCOME STATEMENT DATA INTEREST INCOME 450,000 NON INTEREST INCOME 227,550 INTEREST EXPENSES 281,000 NON INTEREST EXPENSES 165,000 PROVISION FOR LOAN LOSSES 5.950 TAX RATE 19% CASH 336,500 FED FUNDS 72,000 TREASURY SECURITIES 1,495,000 MUNICIPAL BONDS 248,000 CORPORATE BONDS 48,000 GROSS LOANS & LEASES 4,500,000 RESERVE FOR LOAN LOSSES 12,000 NET LOANS & LEASES 4,488,000 OTHER ASSETS 31.000 TOTAL ASSETS 6,721,500 LIABILITIES DEMAND DEPOSITS 514,000 SAVINGS ACCOUNTS 700,000 NOW ACCOUNTS 800,000 MONEY MARKETS ACC 300,000 CD RETAIL 2,580,000 CD WHOLESALE 1.200,000 REPO'S 37000 OTHER LIABILITIES 12,500 TOTAL LIABILITIES 5,143,500 TOTAL EQUITY 578.000 TOTAL LIABILITIES EQUITY 6,721,500 CALCULATE SPREAD PRESENT YOUR ANSWER AS PERCENTAGE ROUNDED TO ZERO DECIMAL PLACES, DONT EXAMPLE IF YOUR ANSWER IS 57%, JUST WRITES