The combined effect of these and other transactions is to render the statement into that of a typical commercial bank.

There is, however, no uniformity of style or titles in the published statements, whether of the same or different classes of banks. Uniform accounting is somewhat promoted by government supervision of banks and the requirement of periodic reports. Nevertheless in the publication of their financial statements wide variation occurs because bankers have different conceptions of what constitutes a good report, because the statements are adapted to different clienteles, and because the bankers have different motives to serve. These purposes are attained by combining items under varying heads. The following is a typical statement of a small bank.

Assets

Loans and Discounts......... $ 458,426

Cash....................... 44.975

Investments................ 95.000

Real Estate And Bank Building 21,000

Furniture And Fixtures....... 5.000

Expense.................... 1,252

Bonds Loaned............... 10,000

Collection Items............. 35.000

Clearing House Items........ 78,000

Redemption Fund........... 2,300

Overdrafts.................. 4.621

Due From Banks............. 165,000

Customers' Liability Under

Letters Of Credit.......... 95,000

Customers' Liability For Acceptances Executed........ 80,000

Other Assets............... 7.396 $1,102,970

Liabilities

Capital.................... $ 100,000

Surplus..................... 75,000

Undivided Profits........... 16,312

Dividends Declared But Unpaid..................... 4,000

Bonds Borrowed............ 20,000

Deposits.................... 487,345

Cashier's Checks............ 45,000

Bank Notes Outstanding..... 40,000

Certificates Of Deposit....... 55,000

Acceptances................. 80,000

Due To Banks............... 48,000

Letters Of Credit............ 95,000

Bills Payable................ 20,000

Reserved For Taxes, Insurance 6,000

Other Liabilities............. 11,323 $1,102,970