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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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