Question
Calculate the Interest Income, Interest Expense, Net Interest Income, and Net Interest Margin for the bank listed below. Use Total Assets for ratios (rather than
Calculate the Interest Income, Interest Expense, Net Interest Income, and Net Interest Margin for the
bank listed below. Use Total Assets for ratios (rather than earning assets). "%" denotes the interest rate
earned or paid on the designated asset or liability category. Please show your work in order to receive credit.
Assets | Amount | % | Liabilities and Equity | Amount | % | |
Cash | 80 | 0.0% | Non-interest deposits | 100 | 0.0% | |
Securities | 250 | 6.0% | NOW checking | 200 | 2.0% | |
Loans, net | 620 | 7.0% | MMDA | 300 | 4.0% | |
Fed funds sold | 0 | CDs | 150 | 5.0% | ||
Non-earning assets | 50 | Fed Funds purchased | 150 | 3.0% | ||
$1,000 | Equity | 100 | ||||
$1,000 |
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Get StartedRecommended Textbook for
Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
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