Question
You know the following information about the Miller State Bank (in $ mln): Gross loans $308.117, Miscellaneous assets $48.139, Deposits $409.341, Common stock par $4.856,
You know the following information about the Miller State Bank (in $ mln): Gross loans $308.117, Miscellaneous assets $48.139, Deposits $409.341, Common stock par $4.856, Non-deposit borrowings $58.462, Investment securities $152.956, Net premises $44.529, Surplus $5.161, Allowance for loan losses $29.526, Gross premises $66.336. Given this information, what is the the value of this bank's total liabilities, to the nearest $0.001 million? E.g. if your answer is $254.6755 million, record it as 254.676. Blank 1. Calculate the answer by read surrounding text.
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