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Along with the Report of Condition submitted (question 5.1 of text), Norfolk has also prepared a...

Along with the Report of Condition submitted (question 5.1 of text), Norfolk has also prepared a Report of Income for the FDIC. Please fill in the missing items from its statement shown below (all figures in millions of dollars): Report of Income Total interest income $200 Total interest expense Net interest income 60 Provision for loan and lease losses Total noninterest income 100 Fiduciary activities 20 Service charges on deposit accounts 25 Trading account gains and fees Additional noninterest income 30 Total noninterest expense 125 Salaries and employee benefits Premises and equipment expense 10 Additional noninterest expense 20 Pretax net operating income 15 Securities gains (losses) 5 Applicable income taxes 3 Income before extraordinary items Extraordinary gains—net 2 Net income

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jeff jeffy answered 2 years ago
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