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nancial statements for First National Bank The fi (FNB) are shown below: (LG 12-5) Balance Sheet First National Bank Assets Liabilities and Equity $ 450

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nancial statements for First National Bank The fi (FNB) are shown below: (LG 12-5) Balance Sheet First National Bank Assets Liabilities and Equity $ 450 Demand deposits $ 5,510 Cash Demand deposits from other FIs Investments Federal funds sold Loans Reserve for loan losses Premises Small time 1,350 deposits 4,050 Jumbo CDs 10,800 3,200 Federal funds 2,025 purchased 15,525 Equity 2,250 2,200 (1,125) 1,685 Total Total assets $23,960 liabilities/equity $23,960 Income Statement First National Bank nterest income Interest expense Provision for loan losses Noninterest income Noninterest expense Taxes $2,600 1,650 180 140 420 90 b. calculate the dollar value of FNB's earning assets. Calculate FNB's ROA

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