Dudley Bank has the following balance sheet and income statement. For Dudley Bank, calculate: a. Return on
Question:
For Dudley Bank, calculate:
a. Return on equity
b. Return on assets
c. Asset utilization
d. Equity multiplier
e. Profit margin
f. Interest expense ratio
g. Provision for loan loss ratio
h. Noninterest expense ratio
i. Tax ratio
j. Overheadefficiency
Transcribed Image Text:
Balance Sheet (in millions) Assets Liabilities and Equity Cash and due from banks Repurchase agreements Other investment securities Loans Fixed assets Other assets Total assets Demand S 7,500 deposits 15,500 13,000 NOW accounts 35,625 34,050 Retail CDs 70,500 Debentures 57,000 14,250 9,250 Total liabilites $122,375 5,000 4,000 Retained earnins 6,125 3.200 Common stock $137,500 Paid-in capital Total liabilities and equity $137,500 Income Statement Interest on fees and loans Interest on repurchase agreements Interest on other investment securities Interest on deposits in banks Total interest income Interest on deposits Interest on debentures Total interest expense Net interest income Provision for loan losses Noninterest income Noninterest expenses Income before taxes Taxes Net income $6,715 143 1,705 60 $8,623 1,140 $4,158 S4.465 200 950 1.720 $3.495 1.220 $2,275
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In millions of dollars a Return on equity 22755000 4000 6125 1504 b Return on assets 2275137500 ...View the full answer
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Related Book For
Financial Markets and Institutions
ISBN: 978-0077861667
6th edition
Authors: Anthony Saunders, Marcia Cornett
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