Given the following information for AmBank, calculate its income statement (effective) GAP. How much will NII change if the prime rate rises 1 percent? THe ECR reflects the relationship of each account's rate to the prime rate.

Rate-Sensitive Assets 1-Year Balance Sheet GAP ECR

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Loans $55,120,000 82%

Securities $28,615,000 67%

Rate-Sensitive Liabilities

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MMDAs $41,640,000 34%

NOWs $37,260,000 90%

CDs (greater than or equal to) $100,000 $20,975,000 85%