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(9.) Community Bank has the following balance sheet, rates earned on its assets, and rates paid on its liabilities Balance Sheet (in thousands) Rate Earned

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(9.) Community Bank has the following balance sheet, rates earned on its assets, and rates paid on its liabilities Balance Sheet (in thousands) Rate Earned Assets (%) * 1.50-44 400 Cash and due from banks Investment securities Repurchase agreement Loans less allowances for losses Fixed assets Other assets Total assets $7,900 $29,600 $15,960 $106,400 $13,500 $5,320 $178,680 * 1.50 1.15 - 18354 7.25 771400 0 839154 Rate Paid Liabilities and Equity 0 * * * Demand deposits NOW accounts Retail CD Subordinated debentures Total liabilities Common stock Paid-in capital surplus Retained earnings Total liabilities and equity $27,490 $90,700 $23,940 $15,000 $157,130 $5,000 $5,000 $11,550 $178,690 0.50 - 45 350 1.20 = 23, 788 5.50 - 82.500 156,578 if the bank earns $159,000 in noninterest income, incurs $306,000 in noninterest expenses, and pays $3,320,000 in taxes, what is its net income? + id00x7.95%

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