Consider the case of Trident Bank \& Trust. Trident Bank \& Trust (TB\&T) is a large financial institution whose deposits and loans are received and made across seven states in the western United States. With deposits in excess of $1.5 billion, 1,258 branch offices, and 1,769 kiosks in shopping malls and grocery stores in the United States, along with correspondent and operational relationships with all the top-20 Asian and European banks, TB\&T is considered to be one of the strongest financial institutions in the western United States. Edwina Manning, TB\&T's chief risk officer (CRO), has the responsibility of preparing and overseeing TB\&T's risk management strategy and monitoring its implementation. In preparing for her presentation and question-and-answer session during the company's annual shareholders' meeting, her staff assembled the statements that appear in the following table. Help Ms. Manning prepare for the meeting by indicating whether each of the following statements is true or false