Question

Assignment Determine the proper category for the listed items. Category Options: 1. Interest Income 2. Interest Expense 3. Non-Interest Income 4. Non-Interest Expense o Items: Interest paid on time deposits Interest paid on CD's Interest received on US Treasury Securities Fees received on mortgage loan originations Dividends paid to shareholders Provision for loan los Interest earned on loans Interest earned on municipal bonds Employee salaries Purchase of new computer system Service charge receipts from customer accounts Rent paid on bank building Taxes paid on operating income Trust department income

Answer 1

Items	Category Options
Interest paid on time deposits	Interest Expenses
Interest paid on CD's	Interest Expenses
Interest received on US treasurry securities	Interest Income
Fees received on mortgage loan obligation	Non - Interest Income
Dividend paid to Sharehoders	Non - Interest Expenses
Provission for loan loss	Non - Interest Expenses
interest earned on loans	Interest Income
Interest earned on municipal bonds	Interest Income
Employee Salaries	Non - Interest Expenses
Purchase of new compure system	Non - Interest Expenses
Service charges receipts from customer accounts	Non - Interest Income
Rent paid on bank building	Non - Interest Expenses
Taxes paid on operating income	Non - Interest Expenses
Trust Department income	Non - Interest Income