Question
Q2) If the Provision for Loan Loss increases to 6.0 (That is in the income statement provision for loan loss becomes -$0.6 what is the
Q2)
If the Provision for Loan Loss increases to 6.0 (That is in the income statement provision for loan loss becomes -$0.6 what is the income statement between Jan 1, 2021 and Dec 31st 2021? What is the balance sheet at Dec 31st 2021?
Net Interest Income | $3.00 |
Provision for Loan Loss | -$6.0 |
Non-Interest Income | $0.90 |
Non-Interest Expense | -$2.50 |
|
|
Pre-tax operating Profit |
|
Tax (at 30%) |
|
Net Income |
|
Assets | Liabilities and Equities | ||
Cash |
| Deposits | $90 |
Marketable Securities | $10 | Subordinate long-term debt | $5 |
Net Loans: |
| Equity |
|
Fixed Assets | $5 |
|
|
TOTAL ASSETS |
| Total Debt & Equity |
|
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