The internal reports required by bookkeepers for the benefit of officers and directors vary with the bank, but a very important daily report would be that made for the benefit of loaning officers, showing the amount of loans, investments, deposits and reserve. That information, taken in consideration with the clearing house balance of the current day, furnishes a guide in making additional loans or in calling those of a demand character. Clearing houses usually desire weekly reports of condition, and member banks are also required to give weekly condition reports to the district Federal Reserve bank. In addition to these there are various reports, daily, weekly, and monthly, to State, National, and Federal Reserve bank authorities which frequently change in character and which scarcely call for itemization here. The more progressive banks desire earnings and expense reports monthly, irrespective of the closing period. Such reports furnish those in authority with highly desirable information regarding the progress of the institution.