Using the stylized balance sheet below, please 1) finish the balance sheet, and 2) use that information to answer the following question, entering your answer in the place provided. Avg. Interest Avg. Amount Amount Interest Demand Vault Cash $577 $5,650 Deposits US Treas. Savings 4.85% 2,139 1.99% 6,622 Securities Deposits W Consumer/Bus. 6.94% 15,835 CD's 4.76% ???? Loans Mortgage 7.54% 10,410 Borrowings 4.34% 2,766 Loans Property Equipment Total Assets 740 Equity Total Liab.& ???? Equity 2,741 ???? What is the net interest margin the this bank? (Please enter the answer without the % sign - so for instance is the answer is 5.67%, then enter just 5.67)
Using the stylized balance sheet below, please 1) finish the balance sheet, and 2) use that information to answer the following question, entering your answer in the place provided. Avg. Interest Avg. Amount Amount Interest Demand Vault Cash $577 $5,650 Deposits US Treas. Savings 4.85% 2,139 1.99% 6,622 Securities Deposits W Consumer/Bus. 6.94% 15,835 CD's 4.76% ???? Loans Mortgage 7.54% 10,410 Borrowings 4.34% 2,766 Loans Property Equipment Total Assets 740 Equity Total Liab.& ???? Equity 2,741 ???? What is the net interest margin the this bank? (Please enter the answer without the % sign - so for instance is the answer is 5.67%, then enter just 5.67)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Transcribed Image Text:Using the stylized balance sheet below, please 1) finish the balance sheet, and 2)
use that information to answer the following question, entering your answer in
the place provided.
Avg.
Interest
Avg.
Amount
Amount
Interest
Demand
Vault Cash
$577
$5,650
Deposits
US Treas.
Savings
4.85%
2,139
1.99%
6,622
Securities
Deposits
W
Consumer/Bus.
6.94%
15,835
CD's
4.76%
????
Loans
Mortgage
7.54%
10,410
Borrowings
4.34%
2,766
Loans
Property
Equipment
Total Assets
740
Equity
Total Liab.&
????
Equity
2,741
????
What is the net interest margin the this bank? (Please enter the answer without the
% sign - so for instance is the answer is 5.67%, then enter just 5.67)
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