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?

Question

Quizplus · Accepted Answer

Net noninterest income is calculated as total noninterest income minus total noninterest expenses. Here, it is $14 million (noninterest income) - $28 million (noninterest expenses) = -$14 million. However, the question seems to have a typo in the options, as none of the options match this calculation.

A Bank Has Total Interest Income of $67 Million and Total