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Statewide National Bank (SNB) has purchased funds as a higher percentage of total liabilities than other banks of similar asset size in that state. Therefore,
Statewide National Bank (SNB) has purchased funds as a higher percentage of total liabilities than other banks of similar asset size in that state. Therefore, you would expect SNB to have a higher than average ____________________ ratio.
A. provision for loan loss B. tax C. noninterest expense D. interest expense E. none of the above
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