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financial statement and balance sheet The financial statements for MHM Bank (MHM) are shown below: Balance Sheet MHM Bank Assets Liabilities and Equity Cash and

financial statement and balance sheet

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The financial statements for MHM Bank (MHM) are shown below: Balance Sheet MHM Bank Assets Liabilities and Equity Cash and due from banks $ 2,010 Demand deposits Demand deposits at other FIS 2,000 Small time deposits Investments 6,270 Jumbo CDs Federal funds sold 3,080 Federal funds purchased Loans (less reserve for loan losses of 3,300) 20,230 Other liabilities Premises 2,360 Equity Total assets $35,950 Total liabilities/equity $10,710 10, 440 7,760 560 3, 100 3,380 $35,950 Income Statement MHM Bank Interest income Interest expense Provision for loan losses Noninterest income Noninterest expense Taxes $4,238 2,194 1,000 790 1,065 325 a. Calculate the dollar value of MHM's earning assets. b. Calculate the dollar value of MHM's interest-bearing liabilities. c. Calculate MHM's spread. (Do not round intermediate calculations. Round your answer to 3 decimal places. (e.g., 32.161)) d. Calculate MHM's interest expense ratio. (Round your answer to 3 decimal places. (e.g., 32.161)) a. Calculate the dollar value of MHM's earning assets. b. Calculate the dollar value of MHM's interest-bearing liabilities. c. Calculate MHM's spread. (Do not round intermediate calculations. Round your answer to 3 decimal places. (e.g., 32.161)) d. Calculate MHM's interest expense ratio. (Round your answer to 3 decimal places. (e.g., 32.161)) a. MHM's earning assets b. MHM's interest-bearing liabilities C. MHM's spread d. MHM's interest expense ratio

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