Question

1. Stoke Bank Plc had the following operations in year 2019 (expressed in $000).

Interest on government bonds: 367.9

Interest on issued certificates of deposits: 244.8

Bank branches rent: 130

Interest on customers' credit card balances: 122.1

Stationary purchase (paper, notebook, pens..): 2.6

Interest on mortgage loans: 305.8

Interest on issued bonds: 50.4

Charge for bad and doubtful debts: 84

Interest on interbank borrowing: 33.2

Servicing Fees on securitized loans: 15

Salaries: 87.6

Unrealized capital gains on held-to-maturity securities: +10

Realized capital gains on available-for-sale securities: -35

Assuming that mark-to-market standards apply, calculate the non-interest expenses of Stoke Bank.

Express your result in $000. You must not type $ sign or comas. Your will round your result to ONE decimal when your answer is expressed in $000. If your result is $10,530 you will be required to type 10.5.

Answer 1