Module 03 Written Assignment - Financial Statement Analysis+A1:H42
Based on the balance sheet and income statement provided for ABC Bank below, calculate the requested analysis values.
Balance Sheet (in millions)		Income Statement (in millions)
Assets			Liabilities and Equity			Interest on fees and loans	$ 6,000
Cash and due from banks	$ 5,000		Demand deposits	$ 18,000		Interest on investment securities	3,000
Investment securities	25,000		NOW accounts	46,000		Interest on repurchase agreements	4,000
Repurchase agreements	32,000		Retail CDs	12,000		Interest on deposits in banks	2,000
Loans (adjusted for losses)	36,000		Debentures	9,000		Total interest income	$ 15,000
Fixed assets	12,000		Total liabilities	$ 85,000		Interest on deposits in banks	5,000
Other assets	5,000		Common stock	15,000		Interest on debentures	3,000
Total assets	$ 115,000		Paid-in capital	10,000		Total interest expense	$ 8,000
			Retained earnings	5,000		Net interest income	7,000
			Total liabilities and equity	$ 115,000		Provision for loan losses	2,000
						Noninterest income	3,000
						Noninterest expenses	1,000
						Income before taxes	$ 7,000
						Taxes	5,000
						Net income	$ 2,000
Analysis of ABC Bank's Performance
Return on equity
Return on assets
Asset utilization
Equity multiplier
Profit margin
Interest expense ratio
Provision for loan loss ratio
Noninterest expense ratio
Tax ratio
Net interest margin