Megalopolis Bank has the following balance sheet and income statement. Balance...

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Finance

Megalopolis Bank has the following balance sheet and income statement.

Balance Sheet (in millions)
Assets Liabilities and Equity
Cash and due from banks $ 10,800 Demand deposits $ 37,000
Investment securities 41,000 NOW accounts 107,000
Repurchase agreements 60,000 Retail CDs 46,000
Loans 108,000 Debentures 37,000
Fixed assets 33,000 Total liabilities $ 227,000
Other assets 5,800 Common stock 12,000
Paid-in capital 4,000
Retained earnings 15,600
Total assets $ 258,600 Total liabilities and equity $ 258,600

Income Statement
Interest on fees and loans $ 10,800
Interest on investment securities 5,800
Interest on repurchase agreements 7,800
Interest on deposits in banks 2,800
Total interest income $ 27,200
Interest on deposits $ 10,800
Interest on debentures 3,800
Total interest expense $ 14,600
Net interest income $ 12,600
Provision for loan losses 3,500
Noninterest income 3,800
Noninterest expenses 2,800
Income before taxes $ 10,100
Taxes 4,200
Net income $ 5,900

For Megalopolis, calculate (Round your answers to 2 decimal places. (e.g., 32.16)):

e.Profit margin%

f.Interest expense ratio%

g.Provision for loan loss ratio%

h.Noninterest expense ratio%

i.Tax ratio%

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