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The financial statements for MHM Bank (MHM) are shown below: Balance Sheet MHM Bank Liabilities and Equity Assets $ 1,950 $10,650 Cash and due from
The financial statements for MHM Bank (MHM) are shown below: Balance Sheet MHM Bank Liabilities and Equity Assets $ 1,950 $10,650 Cash and due from banks Demand deposits Small time deposits Jumbo CDs Demand deposits at other FIs 1,400 6,140 3,020 20,120 2,300 10,380 7,700 500 Investments Federal funds purchased Federal funds sold Loans (less reserve for loan losses of 2,700) Premises Other liabilities 2,380 3,320 Equity $34,930 $34,930 Total liabilities/equity Total assets Income Statement MHM Bank $4,108 Interest income Interest expense 2,094 Provision for loan losses 400 Noninterest income 730 Noninterest expense 1,005 xes 265 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)) MHM's earning assets . b. MHM's interest-bearing liabilities MHM's spread . d. MHM's interest expense ratio
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