Bank Management and Financial Services

Sources of income other than revenues from loans and investment securities, including fees earned from fiduciary activities, service charges on deposit accounts, trading account gains and fees, and additional noninterest income from investment banking, security brokerage, and insurance services.

Noninterest income - noninterest expense - provision for loan losses

Wages, salaries, and employee benefits, costs of maintaining, rental fees, costs of furniture, legal fees, office supplies expenses, and repaid costs.

<p>The sum of interest income and net noninterest income.</p> Signup and view all the answers

<p>Cash dividends and retained earnings (undivided profit).</p> Signup and view all the answers

<p>Because it provides a new source of revenue for banks.</p> Signup and view all the answers

<p>To provide a summary of a bank's revenues and expenses over a certain period of time.</p> Signup and view all the answers

<p>Net income is the result of adjusting net operating income for taxes and other items.</p> Signup and view all the answers

<p>Interest Income, Interest Expenses, Net Interest Income, Loan Loss Expense, Noninterest Income, Noninterest Expenses, Net Operating Income and Net Income.</p> Signup and view all the answers

<p>Interest earned from loans and security investments.</p> Signup and view all the answers

<p>Total interest income minus total interest expenses.</p> Signup and view all the answers

<p>To deduct from current revenues before taxes.</p> Signup and view all the answers

<p>Increase the volume of services that provide fee income, increase fees associated with various services, and reduce operating expenses.</p> Signup and view all the answers

<p>Interest income is earned from loans and security investments, while interest expenses are the costs of borrowing.</p> Signup and view all the answers

<p>Not specified in the provided text.</p> Signup and view all the answers

<p>To reduce owed tax.</p> Signup and view all the answers

<p>Deposits</p> Signup and view all the answers

<p>To supplement deposits and provide additional liquidity</p> Signup and view all the answers

<p>Provides long-term, relatively stable base of financial support</p> Signup and view all the answers

<p>Accumulated sources of funds</p> Signup and view all the answers

<p>Accumulated uses of funds</p> Signup and view all the answers

<p>Vault Cash, Deposits with Other Banks, Cash Items in Process of Collection, and Reserve Account with the Federal Reserve</p> Signup and view all the answers

<p>Because they are highly liquid and readily available</p> Signup and view all the answers

<p>Primary reserves</p> Signup and view all the answers

<p>Cash balance</p> Signup and view all the answers

<p>To meet demands for cash</p> Signup and view all the answers

<p>Securities held for their rate of return</p> Signup and view all the answers

<p>At their original cost or market value, whichever is lower</p> Signup and view all the answers

<p>To provide short-term profits from short-term price movements</p> Signup and view all the answers

<p>Reserves a bank has on deposit with the Federal Reserve Bank</p> Signup and view all the answers

<p>Loan Accounts</p> Signup and view all the answers

<p>To make temporary loans to other depository institutions</p> Signup and view all the answers

<p>To carry on daily operations</p> Signup and view all the answers

<p>Direct and indirect investments in real estate</p> Signup and view all the answers

<p>Goodwill</p> Signup and view all the answers

<p>Deposits</p> Signup and view all the answers

<p>They usually carry a fixed maturity and a stipulated interest rate</p> Signup and view all the answers

<p>No reserves requirements and insurance fees on most of these funds, which lower the cost of non-deposits funding</p> Signup and view all the answers

<p>Important non-deposits funding sources</p> Signup and view all the answers

<p>Financial claims held by customers against the banking firm</p> Signup and view all the answers