Use the Following Information for Questions -The Tangible Common Equity (TCE) Ratio for This Bank Is

question 39

Multiple Choice

Use the following information for questions
$\begin{array}{l|r|l|lr}\text { Bank Assets }&&\text { Bank Liabilities }\\\hline\text { Cash and Treasury Securities } & \$ 2,500 & \text { Deposits } & \$ & 13,800 \\\hline \text { Repurchase Agreements } & \$ 1,000 & \text { Subordinated Debt } & \$ & 250\\\hline \text { Municipal Bonds } & \$ 1,500 & \text { Cumulative Preferred Stock } & \$ & 200 \\\hline \text { Single Family Home Mortgages } & \$ 2,700 & \text { Common Stock } & \$ & 100 \\\hline \text { Commercial Loans } & \$ 4,000 & \text { Common Stock Surplus } & \$ & 300\\\hline\text { Agricultural Loans } & \$ 1,500 & \text { Retained Earnings } & \$ & 350 \\\hline \text { Allowance for Loan Loss } & \$(350) & & &\\\hline \text { Bank Buildings } & \$ 2,000 \\\hline \text { Goodwill } & \$ 150 \\\hline \text { Total } & \$ 15,000&&\$15,000\\\end{array}$
-The tangible common equity (TCE) ratio for this bank is:

---

Definitions:

Breeding Season

The specific period during which an animal species naturally reproduces.

Chronic Stress

A prolonged and constant state of stress that can lead to significant health problems, affecting both mental and physical well-being.

Glucocorticoids

A class of steroid hormones that play an important role in regulating metabolism, immune response, and stress responses within the body.

Immune System

The complex network of cells, tissues, and organs that work together to defend the body against infections, diseases, and foreign substances.