Banks from time to time are called on for financial statements. Such a statement indicates clearly the condition of the bank making it. On one side are arranged the bank's resources; on the other its liabilities. The totals must always be the same; that is, at all times a bank's resources exactly equal its liabilities. Since a bank as such is an inanimate and impersonal being it cannot own property or have debts in excess of its resources. This point usually proves to be a stumbling block for students, which, however, can be removed with a little care. A great many items enter into a bank statement, but for our purpose we need only choose a few of the most important ones.