The financial statements for First National Bank (FNB) are shown below: Balance Sheet First National Bank Assets Cash De

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The Financial Statements For First National Bank Fnb Are Shown Below Balance Sheet First National Bank Assets Cash De 1 (31.17 KiB) Viewed 61 times

The financial statements for First National Bank (FNB) are shown below: Balance Sheet First National Bank Assets Cash Demand deposits $ 610 2, 150 4, 850 Demand deposits from other Fis Investments Small time deposits. Jumbo CDs Federal funds sold. 2,505 Federal funds purchased. Loans Equity 17, 125 (2, 725) Reserve for loan losses Premises 2, 485 Total assets $ 27,000 Total liabilities/equity Income Statement First National Bank Interest income $3,400 Interest expense 2, 270 Provision for loan losses 340 Noninterest income. 300 580 Noninterest expense Taxes 80 a. Calculate the dollar value of FNB's earning assets. b. Calculate FNB's ROA. (Round your percentage answer to 2 decimal places. (e.g., 32.16)) c. Calculate FNB's asset utilization ratio. (Round your percentage answer to 2 decimal places. (e.g., 32.16)) d. Calculate FNB's spread. (Round your percentage answer to 2 decimal places. (e.g., 32.16)) a. FNB's earning assets b. FNB'S ROA % C. FNB's asset utilization ratio % d. FNB's spread % Liabilities and Equity $ 6,350 10, 600 4,000 3, 050 3, 000 $ 27,000