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  3. the financial statements for mhm bank (mhm) are sh

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

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Accounting

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

Balance Sheet MHM Bank
Assets Liabilities and Equity
Cash and due from banks $ 2,070 Demand deposits $ 10,770
Demand deposits at other FIs 2,600 Small time deposits 10,500
Investments 6,370 Jumbo CDs 7,820
Federal funds sold 3,140 Federal funds purchased 620
Loans (less reserve for loan losses of 3,900) 20,350 Other liabilities 3,800
Premises 2,420 Equity 3,440
Total assets $ 36,950 Total liabilities/equity $ 36,950

Income Statement MHM Bank
Interest income $ 4,368
Interest expense 2,314
Provision for loan losses 1,600
Noninterest income 850
Noninterest expense 1,125
Taxes 385

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 answer to 3 decimal places. (e.g., 32.161)) d. Calculate MHMs interest expense ratio. (Round your answer to 3 decimal places. (e.g., 32.161))

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