You know the following information about the Miller State Bank: Gross loans $300 Miscellaneous assets 50 Deposits

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You know the following information about the Miller State Bank:

Gross loans $300

Miscellaneous assets 50

Deposits 390

Total equity 50

Common stock par 5

Non-deposit borrowings 60

Investment securities 150

Net premises 40

Surplus 5

Allowance for loan losses 50

total assets 500

gross premises 70

Given this information, what is the vaule of this firms net loans?

Related Book For answer-question

Bank Management and Financial Services

ISBN: 978-0078034671

9th edition

Authors: Peter Rose, Sylvia Hudgins

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Posted Date: Mar 07, 2024 10:58 PM

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You know the following information about the Miller State Bank: Gross loans $300 Miscellaneous assets 50 Deposits

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The value of the Miller State Banks net loans can be calculated by ... View the full answer

Bank Management and Financial Services

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