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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 $?1,920 Demand

The financial statements for MHM Bank (MHM) are shown below:

Balance Sheet MHM Bank

Assets

Liabilities and Equity

Cash and due from banks

$?1,920

Demand deposits

$10,620

Demand deposits at other FIs

1,100

Small time deposits

10,350

Investments

6,080

Jumbo CDs

7,670

Federal funds sold

2,990

Federal funds purchased

470

Loans (less reserve for loan losses of 2,400)

20,040

Other liabilities

2,000

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

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.

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