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  3. you are given the following balance sheet informat

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

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Question

Accounting

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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