While a loan is a liability for the borrower, it is an asset for the bank, for the lender. This asset includes loans to consumers (home loans, personal loans, automobile loans, credit card loans) and businesses (real estate development loans, capital investment loans). Reserves: The third asset category is reserves.
An Individual Taxpayer Identification Number (ITIN) is a United States tax processing number issued by the Internal Revenue Service. It is a nine-digit number that begins with the number 9 and generally has a range of 70 to 99 (excluding 89 and 93) in the fourth and fifth digit, example 9XX-70-XXXX or 9XX-99-XXXX.
Like an SSN, an ITIN number is nine-digits in the format xxx-xx-xxx. But the first digit will always be a 9, and the second section of the number will be in the range of 70-88 (e.g., 9xx-88-xxxx). Since the program began in 1996 the IRS has issued 21 million ITINs. To obtain an ITIN an alien with foreign status should complete Form W-7, Application for IRS Individual Taxpayer Identification Number. By law, an alien individual cannot have both an ITIN and a SSN.