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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
(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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