page 412Homework Answers
| In case of Dudley Bank | |||||||||
| 1-Return on Equity | = | Net Income | *100 | = | 2275 | *100 | = | 15.04% | |
| Shareholder's Equity | 15125 | ||||||||
| (Common Stock+Paid up Capital+Retained Earnings) | |||||||||
| 2-Return on Assets | = | Net Income | *100 | = | 2275 | *100 | = | 1.65% | |
| Average Total Assets | 137500 | ||||||||
| (Since opening total assets details are not given therefore taking closing total assets) | |||||||||
| 3-Asset Utilization | = | Total Sales/Interest | *100 | = | 8623 | *100 | = | 6.27% | |
| (Fixed Asset Turnover Ratio) | Total Assets | 137500 | |||||||
| 4-Equity Multiplier | = | Total Assets | = | 137500 | = | 9.090909 | |||
| Shareholder's Equity | 15125 | ||||||||
| 5-Profit Margin | = | Net Income | *100 | = | 2275 | *100 | = | 26.38% | |
| Total Sales/Interest | 8623 | ||||||||
| 6-Interest Expense Ratio | = | Interest Expense | *100 | = | 3018+1140 | *100 | = | 48.22% | |
| Total Sales/Interest | 8623 | ||||||||
| 7-Provison for loan loss Ratio | = | Provisio for loan loss | *100 | = | 200 | *100 | = | 2.32% | |
| Total Sales/Interest | 8623 | ||||||||
| 8-Non Inerest Expense Ratio | = | Non Interest Expense | *100 | = | 1720 | *100 | = | 19.95% | |
| Total Sales/Interest | 8623 | ||||||||
| 9-Tax Ratio | = | Tax Expense | *100 | = | 1220 | *100 | = | 34.91% | |
| Taxable Income | 3495 | ||||||||
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Dudley Bank has the following balance sheet and income
statement.
page 412
Income Statement
Interest on...
Megalopolis Bank has the following balance sheet and income statement. For Megalopolis, calculate: Return on...
Megalopolis Bank has the following balance sheet and income
statement.
For Megalopolis, calculate:
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
Balance Sheet (in millions) Assets Liabilities and Equity Cash and due Demand from banks $ 9,000 deposits $ 19,000 Investment securities 23,000 NOW accounts 89,000 Repurchase agreements 42,000 Retail CDs 28,000 Loans 90,000 Debentures 19,000 Fixed assets 15,000 Total liabilities $155,000...
Megalopolis Bank has the following balance sheet and income statement Assets Cash and due from banks...
Megalopolis Bank has the following balance sheet and income statement Assets Cash and due from banks Investment securities Repurchase agreements Loans Fixed assets Other assets Balance Sheet (in millions) Liabilities and Equity $ 10,000 Demand deposits 33,000 NOW accounts 52,000 Retail CDs 100.000 Debentures 25,000 Total liabilities 5,000 Common stock Paid-in capital Retained earnings $225,000 Total liabilities and equity $ 29,000 99,000 38.000 29,000 $195,000 12,000 4,000 14,000 $225,000 Total assets Income Statement Interest on fees and loans Interest on...
Smallville Bank has the following balance sheet, rates earned on its assets, and rates paid on...
Smallville Bank has the following balance sheet, rates earned on its assets, and rates paid on its liabilities. Rate Earned () Rate Paid (s) Balance Sheet (in thousands) Assets Cash and due from banks $ 6,000 Investment securities 22,000 Repurchase agreements 12,000 Loans less allowance for losses 80,000 Fixed assets 10,000 Other earning assets 4,000 Total assets $134,000 Liabilities and Equity Demand deposits $ 9,000 NOW accounts 69,000 Retail CDs 18,000 Subordinated debentures 14,000 Total liabilities 110,000 Common stock 10,000...
Preview File Edit View Go Tools Window M 14%D Mon 10:55 AM QE Help Problem Set...
Preview File Edit View Go Tools Window M 14%D Mon 10:55 AM QE Help Problem Set 2.pdf (page 1 of 2) - Edited @ Q Search 3, Megalopolis Bank has the following balance sheet and income statement. S $ Assets Cash and due from banks Investment securities Repurchase agreements Loans Fixed assets Other assets Balance Sheet (in millions) Liabilities and Equity 10,300 Demand deposits 36,000 NOW accounts 55,000 Retail CDs 103,000 Debentures 28,000 Total liabilities 5,300 Common stock Paid-in capital...
Smallville Bank has the following balance sheet, rates earned on its assets, and rates paid on...
Smallville Bank has the following balance sheet, rates earned on its assets, and rates paid on its liabilities. Balance Sheet (in thousands) Assets Rate Earned (%) Cash and due from banks $ 6,000 0 Investment securities 22,000 8 Repurchase agreements 12,000 6 Loans less allowance for losses 80,000 10 Fixed assets 10,000 0 Other earning assets 4,000 9 Total assets $ 134,000 Liabilities and Equity Rate Paid (%) Demand deposits $ 9,000 0 NOW accounts 69,000 5 Retail CDs 18,000...
Problem 12-8 (LG 12-5) Smallville Bank has the following balance sheet, rates earned on its assets,...
Problem 12-8 (LG 12-5) Smallville Bank has the following balance sheet, rates earned on its assets, and rates paid on its liabilities. Rate Earned (3) Balance Sheet (in thousands) Assets Cash and due from banks $ 7,900 Investment securities 41,000 Repurchase agreements 31,000 Loans less allowance for losses 99,000 Fixed assets 29,000 Other earning assets 5,000 Total assets $212,900 Liabilities and Equity Demand deposits $ 17,000 NOW accounts 88,000 Retail CDs 37,000 Subordinated debentures 33,000 Total liabilities 175,000 Common stock...
Smallville Bank has the following balance sheet, rates earned on its assets, and rates paid on...
Smallville Bank has the following balance sheet, rates earned on its assets, and rates paid on its liabilities. Rate Earned (%) Balance Sheet (in thousands) Assets Cash and due from banks $ 6, Investment securities 22,000 Repurchase agreements 12.ee Loans less allowance for losses 80, eee Fixed assets 16,eee Other earning assets 4.eee Total assets $134, eee Liabilities and Equity Demand deposits $ 9,000 NOW accounts 69, cee Retail CDs 18,000 Subordinated debentures 14.eee Total liabilities 110, eee Common stock...
Following data pertains to Castle State Bank Balance Sheet Income Statement Cash $ 100 Interest Income...
Following data pertains to Castle State Bank Balance Sheet Income Statement Cash $ 100 Interest Income $ 400 Securities Investments $ 600 Interest Expense $ (150) Net Loans $ 1,200 Non-Interest Income $ 50 Net Premises and Equip $ 300 Non-Interest Expense $ (100) Total Assets $ 2,200 Provision for Loan Losses $ (60) Deposits $ 1,100 Pre Tax Net Operating Income $ 140 Non-Deposit Borrowings* $ 800 Securities Gains(Losses) $ (40) Equity Capital $ 300 Taxes $ (45) Total...
The financial statements for MHM Bank (MHM) are shown below: Balance Sheet MHM Bank Assets Liabilities...
The financial statements for MHM Bank (MHM) are shown below: Balance Sheet MHM Bank Assets Liabilities and Equity Cash and due from banks $ 2,070 Demand deposits $ 10,770 Demand deposits at other FIs 2,600 Small time deposits 10,500 Investments 6,370 Jumbo CDs 7,820 Federal funds sold 3,140 Federal funds purchased 620 Loans (less reserve for loan losses of 3,900) 20,350 Other liabilities 3,800 Premises 2,420 Equity 3,440 Total assets $ 36,950 Total liabilities/equity $ 36,950 Income Statement MHM Bank...
Balance Sheet MHM Bank Assets Liabilities and Equity Cash and due from banks $ 2,030 Demand...
Balance Sheet MHM Bank Assets Liabilities and Equity Cash and due from banks $ 2,030 Demand deposits Demand deposits at other PIS 2,200 Small time deposits Investments 6,300 Jumbo CDs Federal funds sold 3,100 Federal funds purchased Loans (less reserve for loan losses of 3,500) 20,270 Other liabilities Premises 2,380 Equity Total assets $36,280 Total liabilities/equity $10,730 10, 460 7,780 580 3,330 3,400 $36,280 Income Statement MHM Bank Interest income Interest expense Provision for loan losses Noninterest income Noninterest expense...
Megalopolis Bank has the following balance sheet and income
statement.
For Megalopolis, calculate:
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
Balance Sheet (in millions) Assets Liabilities and Equity Cash and due Demand from banks $ 9,000 deposits $ 19,000 Investment securities 23,000 NOW accounts 89,000 Repurchase agreements 42,000 Retail CDs 28,000 Loans 90,000 Debentures 19,000 Fixed assets 15,000 Total liabilities $155,000...
Megalopolis Bank has the following balance sheet and income statement Assets Cash and due from banks Investment securities Repurchase agreements Loans Fixed assets Other assets Balance Sheet (in millions) Liabilities and Equity $ 10,000 Demand deposits 33,000 NOW accounts 52,000 Retail CDs 100.000 Debentures 25,000 Total liabilities 5,000 Common stock Paid-in capital Retained earnings $225,000 Total liabilities and equity $ 29,000 99,000 38.000 29,000 $195,000 12,000 4,000 14,000 $225,000 Total assets Income Statement Interest on fees and loans Interest on...
Smallville Bank has the following balance sheet, rates earned on its assets, and rates paid on its liabilities. Rate Earned () Rate Paid (s) Balance Sheet (in thousands) Assets Cash and due from banks $ 6,000 Investment securities 22,000 Repurchase agreements 12,000 Loans less allowance for losses 80,000 Fixed assets 10,000 Other earning assets 4,000 Total assets $134,000 Liabilities and Equity Demand deposits $ 9,000 NOW accounts 69,000 Retail CDs 18,000 Subordinated debentures 14,000 Total liabilities 110,000 Common stock 10,000...
Preview File Edit View Go Tools Window M 14%D Mon 10:55 AM QE Help Problem Set 2.pdf (page 1 of 2) - Edited @ Q Search 3, Megalopolis Bank has the following balance sheet and income statement. S $ Assets Cash and due from banks Investment securities Repurchase agreements Loans Fixed assets Other assets Balance Sheet (in millions) Liabilities and Equity 10,300 Demand deposits 36,000 NOW accounts 55,000 Retail CDs 103,000 Debentures 28,000 Total liabilities 5,300 Common stock Paid-in capital...
Problem 12-8 (LG 12-5) Smallville Bank has the following balance sheet, rates earned on its assets, and rates paid on its liabilities. Rate Earned (3) Balance Sheet (in thousands) Assets Cash and due from banks $ 7,900 Investment securities 41,000 Repurchase agreements 31,000 Loans less allowance for losses 99,000 Fixed assets 29,000 Other earning assets 5,000 Total assets $212,900 Liabilities and Equity Demand deposits $ 17,000 NOW accounts 88,000 Retail CDs 37,000 Subordinated debentures 33,000 Total liabilities 175,000 Common stock...
Smallville Bank has the following balance sheet, rates earned on its assets, and rates paid on its liabilities. Rate Earned (%) Balance Sheet (in thousands) Assets Cash and due from banks $ 6, Investment securities 22,000 Repurchase agreements 12.ee Loans less allowance for losses 80, eee Fixed assets 16,eee Other earning assets 4.eee Total assets $134, eee Liabilities and Equity Demand deposits $ 9,000 NOW accounts 69, cee Retail CDs 18,000 Subordinated debentures 14.eee Total liabilities 110, eee Common stock...
Balance Sheet MHM Bank Assets Liabilities and Equity Cash and due from banks $ 2,030 Demand deposits Demand deposits at other PIS 2,200 Small time deposits Investments 6,300 Jumbo CDs Federal funds sold 3,100 Federal funds purchased Loans (less reserve for loan losses of 3,500) 20,270 Other liabilities Premises 2,380 Equity Total assets $36,280 Total liabilities/equity $10,730 10, 460 7,780 580 3,330 3,400 $36,280 Income Statement MHM Bank Interest income Interest expense Provision for loan losses Noninterest income Noninterest expense...
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