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All tangible and intangible properties owned or controlled to produce value and having positive economic value is an asset. Assets represent ownership of value capable of being converted into cash. Assets include cash also. All assets that are in possession of a bank or due to the bank are the assets of a bank. All physical and financial properties of a bank are that bank’s assets. Physical property includes building, land furniture and equipments. Financial assets of a bank include loans, overdrafts, customers liability under letter of credit, bonds, security, stock and checks on other banks. The most important assets of banks are loans and reserves. Loan generates interest revenue and reserves keep deposits safe. Usually assets are listed on the left-hand side of a bank's balance sheet and liabilities are listed on the right-hand side of a bank's balance sheet. Net worth is the difference between assets and liabilities. Banks rely on assets to meet the liabilities owed to others.