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The financial statements for MHM Bank (MHM) are shown below: Balance...

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Finance

The financial statements for MHM Bank (MHM) are shown below:

Balance Sheet MHM Bank
Assets Liabilities and Equity
Cash and due from banks $ 2,020 Demand deposits $ 10,720
Demand deposits at other FIs 2,100 Small time deposits 10,450
Investments 6,280 Jumbo CDs 7,770
Federal funds sold 3,090 Federal funds purchased 570
Loans (less reserve for loan losses of 3,400) 20,260 Other liabilities 3,220
Premises 2,370 Equity 3,390
Total assets $ 36,120 Total liabilities/equity $ 36,120

Income Statement MHM Bank
Interest income $ 4,258
Interest expense 2,224
Provision for loan losses 1,100
Noninterest income 800
Noninterest expense 1,075
Taxes 335

a. Calculate the dollar value of MHMs earning assets. b. Calculate the dollar value of MHMs interest-bearing liabilities. c. Calculate MHMs spread. (Do not round intermediate calculations. Round your percentage answer to 3 decimal places. (e.g., 32.161)) d. Calculate MHMs interest expense ratio. (Round your percentage answer to 3 decimal places. (e.g., 32.161))

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