6. Integrated bank management Consider the following subsection of Prominence's balance sheet, as compared to industry averages. (Note: Each balance sheet component is measured as a percentage. For assets, these percentages represent the percentage of total assets. For liabilities, the percentages represent the percentage of total liabilities.) Assets Percent of Assets for Prominence Bank Average Percent for Industry Liabilities and Capital Percent of Average Liabilities for Percent for Prominence Bank Industry 5% 17% 4% Demand depoists Required reserves NOW accounts 13 17 Commercial Loans 31 20 MMDAS 20 20 Floating rate Fixed-rate 10 11 CDS Total 40 31 Short-term 10 30 Consumer 25 20 1-5 Years 45 10 Loans Mortgages Long-term bonds 2 Ch15 Total 10 Treasury securities Short-term 12 7 Long-term O 8 12 15 Corporate 0 5 securities High-rated Medium- rated Total 10 5 10 10 Municipal Securities 0 3 High-rated Medium- mated 0 2 Total 0 5 Foced 3 5 assets Total Assets 100% 100% Total Liabilities and Capital 100% 100% Based on the maturities of Prominence's assets and liabilities, along with their use of floating-rate loans, Prominence's exposure to interest rate isk should be than the industry average Total 10 Municipal securities High-rated 0 Medium- 0 rated Total o Fixed 3 assets Total Assets 100% higher Based on t lower ties of Prominence's assets and li than the industry average. should be