Question
You know the following information about the Miller State Bank (in $ mln): Gross loans $294.441, Miscellaneous assets $48.421, Deposits $315.881, Common stock par $5.407,
You know the following information about the Miller State Bank (in $ mln): Gross loans $294.441, Miscellaneous assets $48.421, Deposits $315.881, Common stock par $5.407, Non-deposit borrowings $56.394, Investment securities $157.322, Net premises $42.264, Surplus $5.605, Allowance for loan losses $10.918, Gross premises $69.937. Given this information, what is the value of net loans, to the nearest $0.001 million?
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Financial Econometrics
Authors: Peijie Wang
1st Edition
0415426693, 978-0415426695
