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Problem 2. Information from Norfolk National Bank's Statement of Income is below. Put items in the proper order, fill in the missing items, and
Problem 2. Information from Norfolk National Bank's Statement of Income is below. Put items in the proper order, fill in the missing items, and find net noninterest income. (5 points) Report of Income Items $mln Additional noninterest expense 20 Additional noninterest income 30 Applicable income taxes 3 Extraordinary gainsnet 2 Pretax net operating income Fiduciary activities Income before extraordinary items Net income Net interest income Premises and equipment expense Provision for loan and lease losses 20 ? ? 60 10 15 ? Salaries and employee benefits ? Securities gains (losses) 5 Service charges on deposit accounts 25 Total interest expense ? Total interest income Total noninterest expense Total noninterest income 200 125 100 Trading account gains and fees ?
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