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Gladys Bank and Trust has $ 4 3 0 million in consumer loans with an average interest rate of 7 . 9 5 percent. The

Gladys Bank and Trust has $430 million in consumer loans with an average interest rate of 7.95 percent. The bank also has $310 million in home equity loans with an average interest rate of 5 percent. Finally, the company owns $130 million in government securities with an average rate of 3 percent.
Managers at Gladys Bank and Trust estimate that next year its consumer loan portfolio will fall to $390 million and the interest rate will increase to 9.45 percent. They also estimate that its home equity loans will increase to $350 million with an average interest rate of 7 percent, and its government securities portfolio will increase to $145 million with an average rate of 13.50 percent.
Requlred:
Estimate the revenues for the coming year for Gladys Bank and Trust.
Note: Enter your answer In thousands of dollors.
Interest revenue
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