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The Ann Arbor Savings Bank

The Ann Arbor Savings Bank image
Parent Issue
Day
28
Month
April
Year
1891
Copyright
Public Domain
OCR Text

REPORT OF THE CONDITION OF At Ann Arbor, Michigan., at the close of business Dec. 19th, 1890. RESOURCES. I LIABILITIE8. ioans and Discounts, 1 1375,536 49 rar.;tsli .tnk naM in Kn nm nn Stocks, Boude, Mortgages, etc, 259,718 15 aP'W stoek Paia in o0. 00 Overdrafts, ... 2,510 51 Surplus fuad ÏOO.UOO 00 Due f rom banks in reserve cities 75,253 59 Due f rom other banks and bankers.. 7,017 20 Undivlded proflts, 31,675 79 NoïT. lT."le--S00}-8U 12,151 25 Divideuds unpaid 385 00 Furniture and FÏïtures 1,930 85 Commercial deposita, 152,237 07 Current expenses and taxes paid, 2,933(13 Checks and cash items, 692 05 Savings deposita, 416,843 47 S6.1-.116-11-69-'. :::::::::::::::: 15,000 00 ue to banks and bankers 338 92 Silver,. .--.-.-....--.------ 2,065 00 Certiflcates of deposit 26,390 35 V. S. and National Bank Notes, 23,002 00 K $777,870 62 777,870 62 STATE OF MICHIGAN, I .„ County of Washtenaw. f8BI, Charles E. Hiscock, cashier of the above named bank, do soiemnly swear that the above statement is true to the best of my knowledge and belief. Charles E. Hiscock, Cashier. Correct- Attest: Christian Mack, Daniel Hiscock, David Rinsey, Direetors, Subscribed and sworn to before me, this 24th day of December, 1890. Michabl J. Frite, Notary Public, Capital stock paid in, $ 50,000 I Total assets, - $761,291.31 Capital security, - 100,000 Surplus, - - 100,000.00 Transacts a general banking business; buys and sells exchanges on New York, Detroit and Chicago; sells drafts on all the principal cities of Europe. This bank, already having a large business, invites ruerchants and others to open accounts with them with the assurance of the most liberal dealing consistent with safe banking. In the Savings Department interest is paid semi-annually, on the flrst days of January and July, on all sums that were deposited three months previous to those days, thus affording the people of this city and county a perf ectly safe depository for their funds, together with a return in interest tor the same. Money to loan on approved securities. Directors. - Christian Mack, W. D. Harriman, Daniel Hiscock, William Deubel, Willard B. Smith, David Rinsey, and L. Gruner. Officers.- Christian Mack, President; W. D. Harriman, Vice-President; Chas. E. Hiscock. Cashier.