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 Loans Fixed Assets Investment Securities $925,000 Total Assets $ 95,555,000 $27,200,000 $123,930,000 tax rate 40% interest on loans 15.40% interest on investments 8.30% interest on time deposits 4.85% interest on federal funds purchased 6.10% 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 *Untitled - Notepad File Edit Format View Help The Temporary Investment ratio is: a- 1.93% b- 0.53% C- 0.95% d- 0.59% e- None of the above

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Evaluating Bank performance -Problem Two
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:
*Untitled - Notepad
File Edit Format View Help
$ 73,342,000
$ 34,450.000
$ 2,298,000
$ 13.840,000
The Temporary Investment ratio is: *
a- 1.93%
b- 0.53%
Cash and due from banks
$ 250,000
Demand Deposits
Time Deposits
Federal Funds Purchased
Fed Funds Sold
24
$ 925,000
$ 95,555,000
$ 27,200,00o
$ 123.930,000
Investment Securities
Equity
Total Liabilities and Equity $ 123.930,000
Loans
Fixed Assets
C- 0.95%
Total Assets
d- 0.59%
e- None of the above
tax rate
40%
15.40%
8.30%
interest on loans
interest on investments
interest on time deposits
4.85%
interest on federal funds purchased
No interest on demand deposits
6.10%
$120,000
Overhead Expenses
Earning assets % of total assets
75%
Transcribed Image Text:Evaluating Bank performance -Problem Two 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: *Untitled - Notepad File Edit Format View Help $ 73,342,000 $ 34,450.000 $ 2,298,000 $ 13.840,000 The Temporary Investment ratio is: * a- 1.93% b- 0.53% Cash and due from banks $ 250,000 Demand Deposits Time Deposits Federal Funds Purchased Fed Funds Sold 24 $ 925,000 $ 95,555,000 $ 27,200,00o $ 123.930,000 Investment Securities Equity Total Liabilities and Equity $ 123.930,000 Loans Fixed Assets C- 0.95% Total Assets d- 0.59% e- None of the above tax rate 40% 15.40% 8.30% interest on loans interest on investments interest on time deposits 4.85% interest on federal funds purchased No interest on demand deposits 6.10% $120,000 Overhead Expenses Earning assets % of total assets 75%
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