The WCOB Bank has the following financial information (in millions of dollars): Total Assets of 896, Total
Question:
The WCOB Bank has the following financial information (in millions of dollars):
Total Assets of 896,
Total Risk-Weighted Assets (Balance Sheet) of 503,
Total Off-Balance Sheet Credit Equivalent Assets of 316,
Total Risk-Weighted Assets (Off-Balance Sheet) of 173,
CET1 Capital Ratio of 6.00,
Tier I Capital Ratio of 8.31, and
Total Capital Ratio of 12.81.
What is the WCOB Bank's Leverage Ratio? Note: Answer in percent, report two decimal places.
The WCOB has the information about its balance sheet:
$680 million in interest bearing deposits with an average interest rate of 1.27%,
$103 million in demand deposits,
$717 million in loans and securities with an average interest rate of 3.85%, and
$33 million in cash.
What is their net interest income?
Financial Accounting and Reporting a Global Perspective
ISBN: 978-1408076866
4th edition
Authors: Michel Lebas, Herve Stolowy, Yuan Ding