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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
The financial statements for MHM Bank (MHM) are shown below:
a. Calculate MHMAc€?cs total operating income (3 points).
b. Calculate MHMAc€?cs asset utilization ratio (3 points).
c. Calculate MHMAc€?cs ROA (3 points).
d. Calculate the dollar value of MHMAc€?cs earning assets (3 points).
e. Calculate the dollar value of MHMAc€?cs interest-bearing liabilities (3 points).
f. Calculate MHMAc€?cs spread (3 points).
g. Calculate MHMAc€?cs net interest margin (3 points).
h. Calculate MHMAc€?cs interest expense ratio (3 points).
Please show all work adn explantions, thank you (All information the book gave me)
|
Balance Sheet MHM Bank |
|||||||||
|
Assets |
Liabilities and Equity |
||||||||
|
Cash and due from banks |
$ |
8,200 |
Demand deposits |
$ |
35,600 |
||||
|
Demand deposits at other FIs |
9,100 |
Small time deposits |
32,900 |
||||||
|
Investments |
9,600 |
Jumbo CDs |
12,000 |
||||||
|
Federal funds sold |
9,400 |
Federal funds purchased |
3,300 |
||||||
|
Loans (less reserve for loan losses of 10,400) |
74,800 |
Other liabilities |
16,200 |
||||||
|
Premises |
8,900 |
Equity |
20,000 |
||||||
|
Total assets |
$ |
120,000 |
Total liabilities/equity |
$ |
120,000 |
||||
|
Income Items for MHM Bank |
|
|
Interest income |
$ 9,380 |
|
Interest expense |
3,856 |
|
Provision for loan losses |
7,800 |
|
Noninterest income |
6,044 |
|
Noninterest expense |
4,300 |
|
Taxes (credit) |
- 132 |
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