The following statistics are presented for 2012 and 2011 for the National Community Bank.

(in thousands) 2012 2011

Average loans $ 436,000 $ 448,000

Average total assets 1,250,000 1,225,000

Average earning assets 900,000 880,000

Average total deposits 850,000 894,000

Average total equity 75,000 68,000

Interest expense 99,000 79,000

Interest income 149,000 119,000

Required:

a. For each year:

1. Calculate the deposits times capital.

2. Calculate the loans to deposits.

3. Calculate the equity capital to total assets.

4. Calculate the interest margin to average earning assets.

b. Comment on the results in 1 through 4, using the perspective of a shareholder.