5. A bank sells shares of its common stock with a par value of $100 for $200 in the market. Which two accounts on the bank's balance sheet are going to be affected?

Retained earnings and capital surplus accounts

Subordinated notes and debentures and commons stock outstanding accounts

Retained earnings and common stock outstanding accounts

Common stock outstanding and capital surplus accounts

Only the common stock outstanding account is affected

unanswered

6. Which of the following most accurately describes the principal type(s) of bank noninterest income:

Fees from fiduciary transactions

Fees from deposit transactions

Fees from securities transactions

Fees from additional noninterest income

All of the above

unanswered

7. You know the following information about the Miller State Bank:

Gross Loans $300

Miscellaneous Assets $50

Deposits $390

Total Equity $50

Common Stock Par $5

Non-Deposit Borrowings $60

Investment Securities $150

Net Premises $40

Surplus $5

Allowance for Loan Losses $50

Deposits $390

Total Assets $500

Gross Premises $70

Given this information, what is this firms Net Loans?

$250

$350

$500

$50

$150

unanswered

8. Fee income arising from fiduciary transactions include all of the following except:

Checking account maintenance fees

Fees for managing and protecting a customers property

Fees for recordkeeping for corporate security

Fees for dispersing interest and dividend payments for a corporation

Fees for managing corporate and individual retirement plans