Bank's Assets and Liabilities a very simple and easy explanation

Being very new to the concepts of assets and liabilities in a balance sheet, I have always tried to explore more on this to make it easy. I have come up with a simple explanation of Assets and Liabilities of a commercial bank. It is a brief overview so that a layman can also understand the assets and liabilities that are included in balance sheet of a bank.

Commercial bank's balance sheet has two main sides i.e. the liabilities and the assets. From the study of the balance sheet of a bank we come to know about a system which a bank has followed for raising funds and allocation of these funds in different asset categories. Bank can have others money with it. It can be in terms of shareholders share per capita, or depositors deposits. This money is the bank's liabilities. On the other hand bank's own sources of income leads to generation of assets for bank.

Liabilities: 

a. Share Capital : the contribution which shareholders have contributed for starting the bank.

b. Reserve Funds : The money which bank has accumulated over the years from its undistributed                                        profits

c. Deposits : The money owned by customers

      i. Fixed Deposits

      ii. Saving Deposits

      iii.Current Deposits

      iv. Other Deposits

d. Borrowings : Bank can borrow from central and other commercial banks.

e. Other liabilities

Assets :

a. Cash

      i.  in Hand

      ii.  with the Central Bank (RBI)

      iii. with the other banks

b. Money at short : When a bank makes money available at short notice to other banks and                                financial institutions for a very short period of 1-14 days it is also treated                                 as bank's asset.

c. Bills and securities discounted

d. Investment of bank

e. Loans and Advances given

f. Other Assets