Megalopolis Bank has the following balance sheet and income statement Assets Cash and due from banks Investment securities Repurchase agreements Loans Fixed assets Other assets Balance Sheet (in millions) Liabilities and Equity $ 10, 700 Demand deposits 40,000 NOW accounts 59,000 Retail CDs 107,000 Debentures 32,000 Total liabilities 5,700 Common stock Paid-in capital Retained earnings $ 254,400 Total liabilities and equity $ 36,000 106,000 45,000 36,000 $223,000 12,000 4,000 15,400 $ 254,400 Total assets Income Statement Interest on fees and loans Interest on investment securities Interest on repurchase agreements Interest on deposits in banks Total interest income Interest on deposits Interest on debentures Total interest expense Net interest income Provision for loan losses Noninterest income Noninterest expenses Income before taxes Taxes Net income $19,700 5,700 7700 2,700 $26,800 $10,700 3,700 $14,400 $12,490 3,480 3,700 2,700 $18,000 4000 $6,080 Megalopolis Bank has the following balance sheet and income statement Assets Cash and due from banks Investment securities Repurchase agreements Loans Fixed assets Other assets Balance Sheet (in millions) Liabilities and Equity $ 10, 700 Demand deposits 40,000 NOW accounts 59,000 Retail CDs 107,000 Debentures 32,000 Total liabilities 5,700 Common stock Paid-in capital Retained earnings $ 254,400 Total liabilities and equity $ 36,000 106,000 45,000 36,000 $223,000 12,000 4,000 15,400 $ 254,400 Total assets Income Statement Interest on fees and loans Interest on investment securities Interest on repurchase agreements Interest on deposits in banks Total interest income Interest on deposits Interest on debentures Total interest expense Net interest income Provision for loan losses Noninterest income Noninterest expenses Income before taxes Taxes Net income $19,700 5,700 7700 2,700 $26,800 $10,700 3,700 $14,400 $12,490 3,480 3,700 2,700 $18,000 4000 $6,080