What Information Is Found in a Bank Financial Report?

Bank financial statements are accounting statements that reflect the financial status of a bank at a certain point in time or period. Including balance sheet, profit and loss statement, statement of changes in financial position and other schedules. Through the financial statements, you can understand the distribution and source of the bank's operating funds at a certain point in time, and the bank's operating results in a certain period; you can evaluate the implementation of the financial plan, analyze the reasons for changes in profit, and then propose improvements and improvements. Suggestions and measures to strengthen fund management and financial management and improve economic efficiency. ^[1]

Bank financial statements

Bank financial statements are accounting statements that reflect the financial status of a bank at a certain point in time or period. Including balance sheet, profit and loss statement, statement of changes in financial position and other schedules. Through the financial statements, you can understand the distribution and source of the bank's operating funds at a certain point in time, and the bank's operating results in a certain period; you can evaluate the implementation of the financial plan, analyze the reasons for changes in profit, and then propose improvements and improvements. Suggestions and measures to strengthen fund management and financial management and improve economic efficiency. ^[1]

The types and contents of bank financial statements are as follows:

Financial quarterly report. It is mainly the telegram of quarterly financial income and expenditure items. Filling in according to the profit and loss account and the quarter-end balance of the relevant financial account and other relevant information is the basis for reflecting the quarterly financial revenue and expenditure results and the implementation of the evaluation cost. The financial income and expenditure items telegrams shall be aggregated by all branches and transmitted to the head office within seven days after the quarter.

Financial annual report. It mainly includes the following tables:

(1) Statement of profit and loss. Statements that reflect the financial revenue and expenditure during the year and assess the completion of the annual financial plan. Fill in the balance of the profit and loss account at the end of the year.

(2) Details of temporary receipts, temporary payments, and expenses to be apportioned. Statements that reflect the bank's transitional funds and pending expenses. Based on the temporary receipts and temporary borrowings, the year-end balance of each account of the amortized expenses is reported.

(3) Schedule of implementation of economic indicator plans. Prepared according to the actual completion of various economic indicators at the end of the year. It mainly reflects the completion of bank cost rate, comprehensive expense rate and cost (comprehensive expense) reduction rate.

(4) Details of fixed assets. It is compiled and reported based on the details of changes in fixed assets during the year and depreciation of fixed assets. It reflects the change and depreciation of fixed assets during the year.

(5) House, vehicle, equipment registration form. Perform detailed registration based on the physical form classification of fixed assets at the end of the year. It reflects the number and amount of various houses, vehicles, computers and other appliances at the end of the year.

The annual financial statements shall be reported to the head office before the end of January of the following year.

1. Strong dependence on borrowings raised by others, using financial leverage to increase shareholder returns;

2. The income mainly comes from interest income from loans and securities, and the expenditure subjects are mainly interest costs on borrowings;

3. The largest share of bank assets is financial assets, fixed assets are small, and banks rarely use operating leverage.