Commercial Bank 3

Banks generate their largeset portion of income from:

Do loans fall into a category of Munis?

What kind of account is the Reserve for loand lease losses?

A financial institution's bad-debt reserve as reported on its balance sheet is called:

Noncash expense item on a bank's Report of Income designed to shelter a bank's current earnings from taxes and to help prepare for bad loans is called:

When a bank serves as a security dealer for certain kinds of securities the value of these are usually recorded in what account on a bank's report of condition?

What is the difference between noninterest income and noninterest expenses on a bank's report of income called:

The account that is built up by annual noncash expense deductions and is subtracted from Gross Loans on the Report of Condition is:

One time only transactions that often involve financial assets or real property pledged as collateral behind a loan and upon which the bank has foreclosed affect a bank's account known as:

The use of fixed assets, rather than financial, in order to increase earnings flowing to a bank's stockholders is known as:

Banks depend heavily upon borrowed funds supplied by customers with little owners' capital invested. This means that banks make heavy use of:

When a loan is considered uncollectible, the bank's accounting department will write it off the books by reducing which accounts?

Common banking practice of selling those investment securities that have appreciated in order to reap a capital gain and holding onto those securities whose prices have declined is known as:

Noninterest revenue sources for a bank are called:

Which asset is the largest on a bank's balance sheet?

What financial service industry category is second to the banking industry in total assets held?

Which financial statement shows the revenues and expense of a bank over a set period of time?

FASB Rule 115 focuses primarily on bank:

What is another name for undivided profits?