Question
Along with the Report of Condition submitted above Gibraltar has also prepared a Report of Income for the FDIC. Please fill in the missing items
Along with the Report of Condition submitted above Gibraltar has also prepared a Report of Income for the FDIC. Please fill in the missing items from its statement shown below (all figures in millions of dollars):
Gibraltar National Bank
Report of Income |
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Total Interest Income | 63 |
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Total Interest Expense | 18 |
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Net Interest Income ? | 45 |
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Provision for Loan and Lease Losses | 3 |
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Total Noninterest Income ? |
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Fiduciary Activities | 2 |
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Service Charges on Deposit Accounts | 6 |
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Trading Account Gains and Fees ? |
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Additional Noninterest Income | 30 |
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Total Noninterest Expense ? |
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Salaries and Benefits ? |
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Premises and Equipment Expense | 5 |
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Additional Noninterest Expense | 15 |
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Pretax Income ? |
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Securities Gains (Losses) | 1 |
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Applicable Income Taxes | 13 |
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Income Before Extraordinary Income ? |
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Extraordinary Gains | 0 |
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Net Income ? |
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