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ATI PROTECTED EXIT EXAMS WITH CORRECT QUITIONS AND ANSWES 2023

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1−$20 - ANSWER A bank has total interest income of $67 million and total noninterest income of $14 million. This bank has total interest expenses of $35 million and total noninterest expenses (excluding PLL) of $28 million. Its provision for loan losses is $6 million and its taxes are $5. What is this bank's net noninterest income? $7 $-20 $18 $32 trading account assets. - ANSWER Securities purchased to provide short-term profits from short-term price movements are reported as: investment securities. trading account assets. reverse repurchase agreements. due from depository institutions. federal funds. true - ANSWER Nondeposit borrowings are a financial input on a bank's balance sheet or Report of Condition. true/false $100 - ANSWER Given this information, what is the value of this firm's allowance for loan losses? $1,300 $1,000 $50 $200 $100 Loans and leases - ANSWER Which of the following assets is the largest asset item on the bank's balance sheet? Securities Cash Loans and leases Bank premises None of the options are correct. increases the provision for loan loss deduction. - ANSWER If writing off a large loan reduces the balance in the allowance for loan losses account too much, the principal regulatory agency:

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, 1−$20 - ANSWER ✓✓✓A bank has total interest income of $67
million and total noninterest income of $14 million. This bank has
total interest expenses of $35 million and total noninterest
expenses (excluding PLL) of $28 million. Its provision for loan losses
is $6 million and its taxes are $5. What is this bank's net
noninterest income? $7 $-20 $18 $32 trading account assets. -
ANSWER ✓✓✓Securities purchased to provide short-term profits
from short-term price movements are reported as: investment
securities. trading account assets. reverse repurchase agreements.
due from depository institutions. federal funds. true - ANSWER
✓✓✓Nondeposit borrowings are a financial input on a bank's
balance sheet or Report of Condition. true/false $100 - ANSWER
✓✓✓Given this information, what is the value of this firm's
allowance for loan losses? $1,300 $1,000 $50 $200 $100 Loans
and leases - ANSWER ✓✓✓Which of the following assets is the
largest asset item on the bank's balance sheet? Securities Cash
Loans and leases Bank premises None of the options are correct.
increases the provision for loan loss deduction. - ANSWER ✓✓✓If
writing off a large loan reduces the balance in the allowance for
loan losses account too much, the principal regulatory agency:
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