Question
Use the following information about Browning Bank to compute items 3-9: 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 3-9:
Total assets = $25,000,000
Equity capital = $2,100,000
Loan interest income = $1,450,000
Non-interest expenses = $930,000
Loan loss allowance = $275,000
Total interest expense = $325,000
Investment security income = $180,000
Non-interest income = $660,000
Total loans and leases = $14,000,000
Income tax rate = flat 40% of income before tax.
3. Browning Banks debt ratio? 4. Browning Banks net interest income? 5. Browning Banks Income before tax? 6. Brownings net income? 7. Brownings Return on Assets 8. Brownings Return on Equity 9. Brownings loan loss ratio
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