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You have been given the following limited information about a different bank, Jimmy John's Bank. Please calculate the gross loan to deposit ratio in percentage

You have been given the following limited information about a different bank, Jimmy John's Bank. Please calculate the gross loan to deposit ratio in percentage terms to the first decimal place, after there is a $5 million loan that is declared worthless AND a $25 million deposit withdrawal. Assume that this does not impact the allowance for loan and lease losses and that the bank operates in an area that has no taxes (Nirvana, right?) These are the same numbers as the prior problem but it is NOT cumulative with that problem.

Balance Sheet Category Balance Sheet Value ($s in millions)
Total Gross Loans

$500

Total Investment Securities $150
Total Allowance for Loan and Lease Losses -$5
Cash and Reserves $100
Total Assets $750
Deposits $550
Equity $45
Total Intangibles $10

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