These statements are True or False?

1.1. Loans and leases are financial inputs on a financial institution's balance sheet or Report of Condition.

1.2. In selecting a bank to hold their checking accounts household customers rank convenient location the first.

1.3. Loan-loss reserves set aside to cover a particular loan or loans expected to be a problem or present the bank with above-average risk are known as specific reserves.

1.4. The borrower A has the loss his job due to COVID-19 pandemic. This is Capacity in 6Cs when analyzing clients.

1.5. The borrower M has asked for the loan for paying back the debt which she borrowed from other financial institution. This is Control in 6Cs when analyzing clients.

1.6. A lender that makes a loan to an individual whose only income is commission based and who hasnt made a sale in six weeks may be violating Condition of the 6 Cs of lending.

1.7. Large banks depend more on non-deposit borrowings than small banks.

1.8. In loan contracts, affirmative covenants restrict a borrower from doing certain things.

1.9. The lender's secondary source of repayment in case of default is Collatera.

1.10. Off-balance-sheet items for a bank are fee generating transactions which are directly recorded on their balance sheet.

1.11. The letter A in the CAMELS rating system for banks refers to the Asset quality of a bank.

1.12. The basic strength of the cost-plus loan pricing method is that it considers the competition from other lenders.