Question
The following information is for Blue Sky National Bank: Interest income $2,200 Interest expense $1,400 Total assets $45,000 Securities gains or losses $21 Earning assets
The following information is for Blue Sky National Bank: Interest income $2,200 Interest expense $1,400 Total assets $45,000 Securities gains or losses $21 Earning assets $40,000 Total liabilities $38,000 Tax Rate 30% Shares of Common Stock outstanding 5,000 Noninterest income $800 Noninterest expense $900 Provision for loan losses $100
Find out: (i) ROE
(ii) ROA
(iii) Net interest margin
(iv) Earnings per share
(v) Net noninterest margin
(vi) Net operating margin
(vii) Eff (Bank Efficiency Ratio)
(viii) Yield on Assets
(ix) Burden Ratio
(x) Earnings Base Ratio
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started