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You know the following information about the Miller State Bank (in $ mln): Gross loans $288.487, Miscellaneous assets $54.874, Deposits $301.138, Common stock par $4.729,
You know the following information about the Miller State Bank (in $ mln): Gross loans $288.487, Miscellaneous assets $54.874, Deposits $301.138, Common stock par $4.729, Non-deposit borrowings $56.989, Investment securities $144.761, Net premises $43.275, Surplus $5.57, Allowance for loan losses $11.433, Gross premises $68.582. Given this information, what is the value of net loans, to the nearest $0.001 million? E.g. if your answer is $254.6755 million, record it as 254.676.
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