What is the net interest margin (use the formula we used in the PowerPoints) for the...

Transcribed Image Text:

What is the net interest margin (use the formula we used in the PowerPoints) for the bank? Amount ($millions) Amount ($millions) Cash 120 Interest Income Inv. Securities 140 Securities 3.486 Net Loans Business Loans 34.648 Business Loans 610 Mortgages 9.996 Mortgages 210 Installment Loans 15.364 Installment Loans 230 Credit Cards 5.964 Credit Cards 60 Interest Expense Loan Loss Reserve 21 Demand Deposits 2.231 Other Assets 70 Savings Accounts 4.095 Total Assets 1440 Time Deposits 7.326 Purchased Funds 8.910 Demand Deposits Loan Loss Provision 4.578 Non-Int Bearing 120 Non-Interest Income 17.226 Interest Bearing 230 Non-Interest Expense 33.418 Savings Accounts 350 Capital Gains/Losses 0.477 Time Deposits 330 Before Tax Income 26.603 Purchased Funds 270 Тахез 9.045 Equity 140 Net Income 17.558 Total Liab and Equity 1440 What is the net interest margin (use the formula we used in the PowerPoints) for the bank? Amount ($millions) Amount ($millions) Cash 120 Interest Income Inv. Securities 140 Securities 3.486 Net Loans Business Loans 34.648 Business Loans 610 Mortgages 9.996 Mortgages 210 Installment Loans 15.364 Installment Loans 230 Credit Cards 5.964 Credit Cards 60 Interest Expense Loan Loss Reserve 21 Demand Deposits 2.231 Other Assets 70 Savings Accounts 4.095 Total Assets 1440 Time Deposits 7.326 Purchased Funds 8.910 Demand Deposits Loan Loss Provision 4.578 Non-Int Bearing 120 Non-Interest Income 17.226 Interest Bearing 230 Non-Interest Expense 33.418 Savings Accounts 350 Capital Gains/Losses 0.477 Time Deposits 330 Before Tax Income 26.603 Purchased Funds 270 Тахез 9.045 Equity 140 Net Income 17.558 Total Liab and Equity 1440

Answer rating: 100% (QA)

To calculate the net interest margin we first need ... View the full answer