The following information is for Rainbow National Bank: Input Area: Original Interest income 2,250 Interest Expense 1,500
Question:
The following information is for Rainbow National Bank: | ||
Input Area: | ||
Original | ||
Interest income | 2,250 | |
Interest Expense | 1,500 | |
Total assets | 45,000 | |
Security losses or gains | 21 | |
Earnings assets | 40,000 | |
Total liabilities | 38,000 | |
Taxes paid | 16 | |
Common shares outstanding | 5,000 | |
Noninterest income | 800 | |
Noninterest expense | 900 | |
Provisions for loan losses | 250 | |
Aternative 1 %change in income/expense | 3.0% | |
Aternative 2 %change in income/expense | -3.0% |
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on...
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Related Book For
Bank Management and Financial Services
ISBN: 978-0078034671
9th edition
Authors: Peter Rose, Sylvia Hudgins
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