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You know the following information about the Miller State Bank (in $ mln): Gross loans $273.903, Miscellaneous assets $47.913, Deposits $304.67, Common stock par $4.706,
You know the following information about the Miller State Bank (in $ mln): Gross loans $273.903, Miscellaneous assets $47.913, Deposits $304.67, Common stock par $4.706, Non-deposit borrowings $62.945, Investment securities $154.84, Net premises $41.607, Surplus $5.424, Allowance for loan losses $10.04, Gross premises $72.233. 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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