Question

In: Accounting

You are given the following balance sheet information about Bank of the Coyote. Use it to...

You are given the following balance sheet information about Bank of the Coyote. Use it to answer the questions.

Assets

Liabilities

Reserves at the Fed

$1.2 million

Checkable Deposits

$6 million

Vault Cash

$0.3 million

Saving Deposits

$9 million

Loans

$15 million

Time Deposits

$4 million

Securities

$9 million

Federal Funds loans

$2.5 million

Federal Funds loans

$0 million

Bank Capital

$4 million

a. Calculate Bank of the Coyote's leverage ratio.

b. Suppose the Bank of the Coyote earned $0.8 million in after-tax profits. Calculate the ROA for Bank of the Coyote.

c. Calculate Bank of the Coyote's ROE.

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