Calculate the Interest Income, Interest Expense, Net Interest Income, and Net Interest Margin for the bank listed
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Question:
Calculate the Interest Income, Interest Expense, Net Interest Income, and Net Interest Margin for the
bank listed below. Use Total Assets for ratios (rather than earning assets). "%" denotes the interest rate
earned or paid on the designated asset or liability category. Please show your work in order to receive credit.
Assets | Amount | % | Liabilities and Equity | Amount | % | |
Cash | 80 | 0.0% | Non-interest deposits | 100 | 0.0% | |
Securities | 250 | 6.0% | NOW checking | 200 | 2.0% | |
Loans, net | 620 | 7.0% | MMDA | 300 | 4.0% | |
Fed funds sold | 0 | CDs | 150 | 5.0% | ||
Non-earning assets | 50 | Fed Funds purchased | 150 | 3.0% | ||
$1,000 | Equity | 100 | ||||
$1,000 |
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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