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Question one The latest report of condition and income and expense statement for Smiling Merchants National Bank are as shown in the following tables :
Question one The latest report of condition and income and expense statement for Smiling Merchants National Bank are as shown in the following tables : Smiling Merchants National Bank (complete ) Income and Expense Statement (Report of Income ) Interest and fees on loans Interest and dividends on securities Total interest income Interest paid on deposits Interest on nondeposit borrowings Total interest expense Net interest income Provision for loan losses Noninterest income and fees Noninterest expenses Salaries and employee benefits Overhead expenses Other noninterest expenses Total noninterest expenses Net noninterest income $50 56 40 | 05 46 10 20 10* | N 17
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