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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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