Use the attached bank balance sheet and income statement to answer the following questions.

$1.$ Analyze the bank$$s financial performance by answering the following questions. $(7$ points each$),$

a$.$ What is the total dollar value of earning assets for each year $(2022$ and $2023)?$ How has the

bank$$s earning assets changed from $2022$ to $2023?$ What does this indicate for the bank?

b$.$ What is the dollar amount of total operating income each year $(2022$ and $2023)?$ How has the

bank$$s total operating income changed from $2022$ to $2023?$ What does this indicate for the

bank?

c$.$ What is the bank$$s net interest margin $($NIM$)$ for each year $(2022$ and $2023)?$ How has the bank$$s

NIM changed from $2022$ to $2023?$ What does this indicate for the bank?

$2.$ Calculate the following ratios for the bank for each year $(2022$ and $2023).(5$ points each$)$

a$.$ Asset utilization ratio

b$.$ Equity multiplier $($EM$)$

c$.$ Interest expense ratio

d$.$ Interest income ratio

e$.$ Noninterest expense ratio

f$.$ Noninterest income ratio

g$.$ Profit margin $($PM$)$

h$.$ Provision for loan loss ratio

i$.$ Return on assets $($ROA$)$

j$.$ Return on equity $($ROE$)$

k$.$ Spread

l$.$ Tax ratio

$3.$ Using the ratios in $2.,$ analyze the bank$$s performance over the year from $2022$ to $2023$ in each of

the following areas. $(5$ points each$)$

a$.$ Profitability

b$.$ Asset utilization

c$.$ Interest income versus interest expense