What is castle state bank earnings spread

Assignment Help Financial Management

Reference no: EM131974479

Following data pertains to Castle State Bank. Balance Sheet: Cash 98.653 (80% of cash assets earn interest), Securities 603.647, Net loans 1227.298, Net premises 304.063; Deposits 1103.937 (60% of deposits are interest-bearing), Non-deposit borrowings 796.682, Common stock $10.771, Surplus $127.152; Income Statement: Interest Income 408.218, Interest expense 198.287, Noninterest income 51.171, Noninterest expense 101.709, Provision for loan losses 58.597, Securities gains (losses if negative) 5.988, Taxes 46.776. What is Castle State Bank's earnings spread? Decimalize your answer, round to four decimals. E.g., if your answer is 6.445%, record it as 0.0645. Note: Undivided profits is the only item missing above; it is the item that would balance the balance sheet.

Reference no: EM131974479

Questions Cloud

What is castle state bank tax management efficiency ratio : What is Castle State Bank's tax management efficiency ratio?

What john nash described to his friends was nash equilibrium : The video clip seems to claim that what John Nash described to his friends was the Nash equilibrium that no one should pursue the blonde.

Total profit maximizing quantity : The demand for product Q is given by Q = 385 - P and the total cost of Q by

Find the present value of a project cash flow : Find the present value of a project cash flow that starts at EOY5 with a value of $5000 and increases each year thereafter by a value of $1000 per year.

What is castle state bank earnings spread : What is Castle State Bank's earnings spread?

Investigate the impact of chinese property buyers : Investigate the impact of Chinese Property buyers on overseas countries, for example, New Zealand.

Federal reserve bank employed : What new monetary policy measures and tools has the Federal Reserve Bank employed in the past 4 years that have not been employed in the past 2 decades?

Calculate annual payments for each option : Suppose the company buys the property for $2.8 million and tooks out a mortgage for $2 million. You have two repayment options.

Developing countries balance the scale somewhat : Do the natural resources in developing countries balance the scale somewhat?

User Account

All Pages