The financial statements for First National Bank (FNB) are shown below:

a. Calculate the dollar value of FNB€™s earning assets.
b. Calculate FNB€™s ROA.
c. Calculate FNB€™s asset utilization ratio.
d. Calculate FNB€™sspread.

Transcribed Image Text:

Balance Sheet First National Bank Assets Liabilities and Equity Cash Demand deposits from other FIs Investments Federal funds sold Loans Reserve for loan losses Premises S 450 Demand deposits S 5510 Small time 1,350 deposits 4.050 Jumbo CDs 10,800 3.200 Federal funds 2,025 purchased 15,525 Equity 2.250 2,200 (1,125) 1,685 Total Total assets $23,960 liabilities/equity $23.960 Income Statement First National Bank Interest income Interest expense Provision for loan losses Noninterest income Noninterest expense Taxes $2,600 ,650 180 140 420 90