10. Use the data below.

maturity range	time deposits	expected MMDA runoff	expected savings runoff	securities	loans and leases
3 months or less	2500000	550000	750000	5000	2500000
over 3 months to 1 year	2550000	2250000	2250000	100000	7500000
over 1 year to 3 years	450000	0	0	180000	2000000
over 3 years	100000	0	0	550000	3800000

c. If interest rates are expected to increase by 45 basis points over the next year, what effect will it have on the bank in the following year?