Loan, an asset or a debt? always, company

RoastBeef

I'm not always sure if the loan is an asset or a debt to the company.

1, If a bank makes a loan, the loan is an asset to the bank. Right?
2, If a bank takes out a loan, the loan is a debt to the bank. Right?

Any other ways to say it?

IAmNeil

I do find it confusing sometimes how it is worded when it doesn't explicitly say "takes out a long" or "gives a loan." I hate it when they say "has a loan" and you have to read through the lines for a second to figure out if it is an asset or liability.