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Use the following information about Browning Bank to compute items 1-5: Total assets = $25,000,000 Equity capital = $2,100,000 Loan interest income = $1,450,000 Non-interest

Use the following information about Browning Bank to compute items 1-5:

Total assets = $25,000,000 Equity capital = $2,100,000

Loan interest income = $1,450,000 Non-interest expenses = $930,000

Total interest expense = $325,000 Investment security interest income = $180,000

Non-interest income = $660,000 Total loans and leases = $14,000,000

Income tax rate = flat 40% of income before tax.

1. Browning Banks net interest income?

2. Browning Banks net non-interest income?

3. Browning Banks Income before tax?

4. Brownings net income?

5. Brownings debt/asset ratio? (hint: debt = assets equity)

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