The financial statements for MHM Bank (MHM) are shown below:

Balance Sheet MHM Bank

Assets Liabilities and Equity

  Cash and due from banks $ 2,060   Demand deposits $ 10,760

  Demand deposits at other FIs 2,500   Small time deposits 10,490

  Investments 6,350   Jumbo CDs 7,810

  Federal funds sold 3,130   Federal funds purchased 610

  Loans (less reserve for loan losses of 3,800) 20,330   Other liabilities 3,680

  Premises 2,410   Equity 3,430

  Total assets $ 36,780   Total liabilities/equity $ 36,780

Income Statement MHM Bank

  Interest income $ 4,338

  Interest expense 2,294

  Provision for loan losses 1,500

  Noninterest income 840

  Noninterest expense 1,115

  Taxes 375

a. Calculate the dollar value of MHM’s earning assets.

  MHM’s earning assets $   

b. Calculate the dollar value of MHM’s interest-bearing liabilities.

  MHM’s interest-bearing liabilities $   

c. Calculate MHM’s spread. (Do not round intermediate calculations. Round your answer to 3 decimal places. (e.g., 32.161))

  MHM’s spread %

d. Calculate MHM’s interest expense ratio. (Round your answer to 3 decimal places. (e.g., 32.161))

  MHM’s interest expense ratio %