Problem: Go to this https://www2.fdic.gov/qbp/ sponsored by the Federal Deposit Insurance Corporation. You will see that this site offers summary data on financial institutions. Click on the link that says "Quarterly Banking Profile." From the dropdown menu that says "Report Date," select the most recent date. Then click on "Complete QBP" below the dropdown menu. This will open an Adobe Acrobat file. Once the file opens, scroll down to find Table 1-A.
Please answer the following questions:
1) Have banks' return on assets been increasing or decreasing over the last few years?
2) Has the core capital been increasing, and how does it compare to the capital ratio reported in Table 1 in the text?
3) How many institutions are currently reporting to the FDIC?