Essay: You are the bank manager. Given the following bank statements, and understanding what you have leamed in this class: a. What can you say about the bank's products/offerings? b. what is working well for the bank and why? c. What could they improve on and why? d. what do you recommend if interest rates are rising le. what management actions should they take in the future? Total net revenue 2,650 Provision for credit losses (106) (68) Total noninterest expense 650 Income (loss) from continuling operations before income tax benefit and undistributed income of subsidiaries 2,106 (91) Income tax benefit from continuing operations (a) (412)(300) Net income from continuing operations 2,518209 Loss from discontinued operations, net of tax (5) (1) Undistributed income of subsidiaries Net income Other comprehenslve (loss) income, net of tax Comprehenslve income $2,271$1,593 Condensed Balance Sheet December 31. (\$ in millions) Assets Cash and cash equlvalents (a) $3,647$4,482 Equity securities Finance recelvables and loans, net Allowance for loan losses Total finance receivables and loans, net 689903 Investments in subsidiaries Bank subsidiaries Nonbank subsidiaries intercompany receivables from subsidiarles Investment in operating leases, net Other assets 1,1572,034 Total assets Total assets $28,35430,8365 Liabilities and equity Short-term borrowings Long-term debt $9,410871,040$12,0141111,3752,136 Intercompany payables to subsidiaries Accrued expenses and other liabilities Total liabilities Total equity Total liabilities and equity Edit Format Table 12pt P Parayaph Q B A Total liabilities and equity