9. Comparison of a bank's expenses and income to the industry Consider a commercial bank with the following characteristics: Beaver Dam Bank is a medium-sized bank that uses an aggressive management style of providing loans to borrowers that might be viewed as risky given their limited collateral and their cash flow situation. The bank charges high interest rates on these loans because the borrowers do not have alternative lenders. It also charges these borrowers high annual fees after providing its loans. Use the following table to indicate the most plausible comparison of Beaver Dam Bank's expenses and income to those of the industry during unfavorable economic conditions. Performance measures (Percent) Lower than in the industry Higher than in the industry Noninterest income Loan loss provision Noninterest expenses o Net income before tax Evaluate the following statement It is highly likely that Beaver Dam Bank is rewarded for its strategy when the economy is strong and penalized when the economy is weak True False