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104. Castle State Bank has the following financial information. Balance Sheet Cash Securities Investments Net Loans Net
Posted: Sat Mar 19, 2022 5:55 pm
by answerhappygod
- 104 Castle State Bank Has The Following Financial Information Balance Sheet Cash Securities Investments Net Loans Net 1 (35.41 KiB) Viewed 53 times
104. Castle State Bank has the following financial information. Balance Sheet Cash Securities Investments Net Loans Net Premises and Equip Total Assets Deposits Non-Deposit Borrowings Equity Capital Total Liabilities and Equity • All Purchased Funds Income
Statement $100 Interest Income $600 Interest Expenses $1200 Non-Interest Income $300 Non-Interest Expenses $2200 Provision for Loan Losses $1100 Pre Tax Net Operating Income $800 Securities Gains (Losses) $300 Taxes $2200 Net Income $400 ($150) $50 (S100) (560) $140 (540) ($45) $55 Use this information to calculate Castle State Bank's camings spread A) 37.5% B) 22.22% C) 14.33% D) 7.89% E) 2.5%