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You have been given the below financial information about Milwaukee Bank and Trust. Please calculate the NIM. Please express your answer as a percentage to

You have been given the below financial information about Milwaukee Bank and Trust. Please calculate the NIM. Please express your answer as a percentage to the second digit without the percentage sign.

Balance Sheet Category Balance Sheet Value ($ millions) Income Statement Category Income Statement Value ($millions)
Total Assets $250 Interest Income $15
Interest-Earning Assets $200 Interest Expense $6
Total Equity $20 Loan Loss Provision $1
Non-interest Income $3
Non-Interest Expense $5

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