Following data pertains to Castle State Bank Balance Sheet Income Statement Cash $ 100 Interest Income $ 400 Securities Investments $ 600 Interest Expense $ (150) Net Loans $ 1,200 Non-Interest Income $ 50 Net Premises and Equip $ 300 Non-Interest Expense $ (100) Total Assets $ 2,200 Provision for Loan Losses $ (60) Deposits $ 1,100 Pre Tax Net Operating Income $ 140 Non-Deposit Borrowings* $ 800 Securities Gains(Losses) $ (40) Equity Capital $ 300 Taxes $ (45) Total Liabilities and Equity $ 2,200 Net Income $ 55 *All Purchased Funds See data for Castle State Bank. What is the bank's asset utilization ratio?

Answer rating: 100% (QA)

To calculate the banks asset utilization ratiowe need to determine two key components Total Revenue ... View the full answer