Utilize the following financial information to calculate the Bank's Equity Multiplier (EM); please use two decimal places and do not include percent sign or commas (i.e. 0.1256 should be shown as 12.56).

Cash $ 2,770

Deposits $34,233

Interest Expense $ 3,300

Short-term Borrowings $ 2,080

Equity $ 3,272

Premises and Fixed Assets $ 2,711

Non-Interest Income $ 280

Taxes $ 180

Net Loans $29,981

Provision for Loan Losses $ 360

Interest Income $ 5,200

Investment Securities $ 6,092

Non-Interest Expense $ 840

Long-term Borrowings $ 1,969