5. The financial statements for MHM Bank (MHM) are shown below: ( LG 12-5 )

Balance Sheet MHM Bank Assets Liabilities and Equity Cash and due Demand from banks $ 1,920 deposits $10,620 Demand deposits Small time at other FIs 1,100 deposits 10,350 Investments 6,080 Jumbo CDs 7,670 Federal funds Federal funds sold 2,990 purchased 470 Loans (less Other reserve for liabilities 2,000 loan losses of 2,400) 20,040 Equity 3,290 Premises 2,270 Total Total assets $34,400 liabilities/equity $34,400 Income Statement MHM Bank Interest income $4,048 Interest expense 2,024 Provision for loan losses 100 Noninterest income 700 Noninterest expense 975 Taxes 235 Calculate the dollar value of MHM’s earning assets.

Calculate the dollar value of MHM’s interest-bearing liabilities.

Calculate MHM’s spread.

Calculate MHM’s interest expense ratio.