The following are statistics from the annual report of McEttrick National Bank: Required a. Calculate the total
Question:
Required
a. Calculate the total deposits times capital for each year.
b. Calculate the loans to total deposits for each year.
c. Calculate the capital funds to total assets for each year.
d. Calculate the interest margin to average total assets for each year.
e. Comment on any trends found in the calculations of (a) through(d).
Transcribed Image Text:
2009 2008 Average loans Average total assets Average total deposits Average total capital Interest expenses Interest income $16,000,000 S13,200,000 26,000,000 22,000,000 24,000,000 20,000,000 1,600,000 1,615,000 1512,250 1,650,000 1,850,000 I, 1,750,000
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Related Book For
Financial Reporting and Analysis Using Financial Accounting Information
ISBN: 978-1439080603
12th Edition
Authors: Charles H Gibson
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