Problem 12-6 (LG 12-5) The financial statements for MHM Bank (MHM) are shown below: Assets Cash and due from banks Deman

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Problem 12 6 Lg 12 5 The Financial Statements For Mhm Bank Mhm Are Shown Below Assets Cash And Due From Banks Deman 1 (42.29 KiB) Viewed 37 times

Problem 12-6 (LG 12-5) The financial statements for MHM Bank (MHM) are shown below: Assets Cash and due from banks Demand deposits at other FIS Investments Federal funds sold Loans (less reserve for loan losses of 3,100) Premises Total assets Balance Sheet MHM Bank Liabilities and Equity $ 1,990 Demand deposits 1,800 Small time deposits 6,210 Jumbo CDs 3,060 Federal funds purchased 20, 190 Other liabilities 2,340 Equity $ 35,590 Total liabilities/equity $ 10,690 10,420 7,740 540 2,840 3,360 $ 35,590 Income Statement MHM Bank Interest income Interest expense Provision for loan losses Noninterest income Noninterest expense Taxes $ 4,188 2,164 800 770 1,045 305 a. Calculate the dollar value of MHM's earning assets. b. Calculate the dollar value of MHM's interest-bearing liabilities. c. Calculate MHM's spread. (Do not round intermediate calculations. Round your percentage answer to 3 decimal places. (e.g., 32.161)) d. Calculate MHM's interest expense ratio. (Round your percentage answer to 3 decimal places. (e.g., 32.161)) a. MHM's earning assets b. MHM's interest-bearing liabilities C. MHM's spread d. MHM's interest expense ratio % %