Given the following information for MSH bank, knowing that this is the overall financial data and any missing data refer to a zero account. Also, all the investments accounts in the assets section are considered to be short-term with maturity less than one year. Answer questions 1 to 11 below: Cash and due from banks $250,000 Fed Funds Sold Investment Securities Loans Fixed Assets Total Assets tax rate interest on loans interest on investments $ $925,000 $ 95,555,000 $ 27,200,000 $123,930,000 40% 15.40% 8.30% 4.85% 6.10% $120,000 75% interest on time deposits interest on federal funds purchased No interest on demand deposits Overhead Expenses Earning assets % of total assets Demand Deposits Time Deposits Federal Funds Purchased Equity $ 73,342,000 34,450,000 $ $ 2,298,000 $ 13,840,000 Total Liabilities and Equity $123,930,000
Given the following information for MSH bank, knowing that this is the overall financial data and any missing data refer to a zero account. Also, all the investments accounts in the assets section are considered to be short-term with maturity less than one year. Answer questions 1 to 11 below: Cash and due from banks $250,000 Fed Funds Sold Investment Securities Loans Fixed Assets Total Assets tax rate interest on loans interest on investments $ $925,000 $ 95,555,000 $ 27,200,000 $123,930,000 40% 15.40% 8.30% 4.85% 6.10% $120,000 75% interest on time deposits interest on federal funds purchased No interest on demand deposits Overhead Expenses Earning assets % of total assets Demand Deposits Time Deposits Federal Funds Purchased Equity $ 73,342,000 34,450,000 $ $ 2,298,000 $ 13,840,000 Total Liabilities and Equity $123,930,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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