The latest report of condition and income and expense statement for SME National Bank are as shown in the following tables: SME National Bank (complete) Income and Expense Statement (Report of Income in Millions of GHS) Interest and fees on loans 50 Interest and dividends on securities 6 Total interest income 56 Interest paid on deposits 40 Interest on nondeposit borrowings 6 Total interest expense 46 Net interest income 10 Provision for loan losses 5 Noninterest income and fees 20 Noninterest expenses: Salaries and employee benefits 10* Overhead expenses 5 Other noninterest expenses 2 Total noninterest expenses 17 Net noninterest income Pretax operating income 8 Securities gains (or losses) 2 Pretax net operating income 10 Taxes 2 Net operating income 8 Net extraordinary income -1 Net income 7 *Note: the bank currently has 40 FTE employees. 190 180 470 80 920 20 SME National Bank Report of Condition (In Millions of GHS) Assets Liabilities Cash and deposits due from banks 100 Demand deposits Investment securities 150 Savings deposits Money mkt funds sold 10 Time deposits Net loans 700 Money mkt funds purchased (Allowance for loan losses = 25) Total liabilities (Unearned income on loans = 5) Equity capital Net Fixed Assets 50 Common stock Surplus Total assets 980 Retained earnings Total Capital Total earnings assets 860 Interest-bearing deposits Using these statements, calculate the following performance measures: ROE Asset utilization ROA Equity multiplier Net interest margin Tax management efficiency Net noninterest margin Expense control efficiency Net operating margin Asset management efficiency Earnings spread Funds management efficiency Net profit margin Operating efficiency ratio What strengths and weaknesses are you able to detect in SME's performance? 35 35 80 650