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The financial statements for THE Bank are shown below: Balance Sheet THE Bank Assets Cash $ 350 Liabilities and Equity Demand deposits $ 2,600
The financial statements for THE Bank are shown below: Balance Sheet THE Bank Assets Cash $ 350 Liabilities and Equity Demand deposits $ 2,600 Demand deposits from other FIS 750 Small time deposits 4,950 Investments 1,950 Jumbo CDs 1,575 Federal funds sold 1,050 Loans 7,050 Federal funds purchased Equity 1,150 875 Reserve for loan losses (900) Premises Total assets 900 $11,150 Total liabilities/equity $11,150 Income Statement THE Bank Interest income Interest expense Provision for loan losses Noninterest income Noninterest expense Taxes $2,560 1,780 140 390 480 70 a. Calculate THE Bank's earning assets. b. Calculate THE Bank's ROA. (Round your answer to 3 decimal places. (e.g., 32.161)) c. Calculate THE Bank's total operating income. d. Calculate THE Bank's spread. (Do not round intermediate calculations. Round your answer to 3 deci
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