In a plain vanilla interest rate swap, Bank A pays a fixed rate and receives a floating rate based on LIBOR. In this case, Bank A is the floating-rate payer, which means they will pay the floating rate for the specified periods calculated based on 90-day LIBOR + 1% margin, and they will receive a fixed rate that is determined at the beginning of the swap.
However, since no fixed rate was provided in your statement, we'll focus solely on the