Final answer:
In the banking book under assets, you will find cash reserves, loans issued to customers, and various securities such as bonds. The value of these assets is subject to the risk associated with loan repayment.
Step-by-step explanation:
In the banking book under assets, you would typically find items that the bank owns and can use to produce income. These include cash held in vaults, reserves held at the Federal Reserve bank, loans made to customers, and various securities like bonds. It's important to note that the value of these assets can be affected by the risk of customers failing to repay their loans, which can add complexity to asset valuation, especially with loans to foreign entities or complex financial instruments.