The latest report of condition and income and expense statement for Smiling Merchants National Bank are as
Question:
Input Area: | |||
Income and Expense Statement Items | |||
Interest and Fees on Loans | 50 | Salaries and Employee Benefits | 10 |
Interest Dividends on Securities | 6 | Overhead Expenses | 5 |
Interest Paid on Deposits | 40 | Other Noninterest Expenses | 2 |
Interest Paid on Nondeposit Borrowings | 6 | Securities Gains (or Losses) | 2 |
Taxes | 2 | ||
Provision for Loan Losses | 1 | Net Extraordinary items | -1 |
Noninterest Income and Fees | 16 | ||
Report of Condition items | |||
Assets | Liabilities & Equity Capital | ||
Cash and Deposits due from banks | 100 | Demand deposits | 190 |
Investment Securities | 150 | Savings deposits | 180 |
Federal Funds Sold | 10 | Time deposits | 470 |
Net Loans | 670 | Federal funds purchased | 60 |
Plant and Equipment | 50 | Common stock | 20 |
Total earning assets | 830 | Surplus | 25 |
Retained earnings | 35 | ||
Interest bearing deposits | 650 |
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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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