Question 20.3: Will upvote for correct response!

Complete the following performance summary of Bowlegs Bank in the current year.

Item	Current year
	(Percent)
1. Gross interest income	6.00
2. Gross interest expenses	1.20
3. Net interest income
4. Noninterest income	2.90
5. Loan loss provision	0.90
6. Noninterest expenses	3.50
7. Securities gains (losses)	0.00
8. Income before tax
9. Taxes	0.50
10. Net income
11. Cash dividends provided	0.50
12. Retained earnings