Question: The Correct answer is 25 Explination please ASSETS INCOME STATEMENT DATA CASH INTEREST INCOME 336,500 382,000 FED FUNDS NON INTEREST INCOME 72,000 225,000 TREASURY SECURITIES
ASSETS INCOME STATEMENT DATA CASH INTEREST INCOME 336,500 382,000 FED FUNDS NON INTEREST INCOME 72,000 225,000 TREASURY SECURITIES INTEREST EXPENSES 1,495,000 277,000 MUNICIPAL BONDS 248,000 164,000 NON INTEREST EXPENSES PROVISION FOR LOAN LOSSES 48,000 5,950 CORPORATE BONDS GROSS LOANS LEASES RESERVE FOR LOAN LOSSES TAX RATE 4,600,000 19% 12,000 NET LOANS & LEASES 4,588,000 OTHER ASSETS 31,000 TOTAL ASSETS 6,821,500 LIABILITIES DEMAND DEPOSITS 570,000 SAVINGS ACCOUNTS 700,000 NOW ACCOUNTS 800,000 MONEY MARKETS ACC 400,000 CO RETAIL 2,580,000 CO WHOLESALE 1.200,000 REPO'S 37,000 OTHER LIABILITIES 12,500 TOTAL LIABILITIES 6,299,500 522000 TOTAL EQUITY TOTAL LIABILITIES EQUITY 6.821,500 CALCULATE ROE PRESENT YOUR ANSWER AS PERCENTAGE ROUNDED TO ZERO DECIMAL PLACES DON'T USE THE PERCENTAGE SYMBOL EX IF YOUR ANSWER IS 67%, JUST WRITE 67
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