Question
You know the following information about the Miller State Bank: Gross loans $300 Miscellaneous assets 50 Deposits 390 Total equity 50 Common stock par 5
You know the following information about the Miller State Bank:
Gross loans $300
Miscellaneous assets 50
Deposits 390
Total equity 50
Common stock par 5
Non-deposit borrowings 60
Investment securities 150
Net premises 40
Surplus 5
Allowance for loan losses 50
total assets 500
gross premises 70
Given this information, what is the vaule of this firms net loans?
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The value of the Miller State Banks net loans can be calculated by ...
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Bank Management and Financial Services
Authors: Peter Rose, Sylvia Hudgins
9th edition
78034671, 978-0078034671
