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Report Of The Condition Of The Ann Arbor Savings Bank

Report Of The Condition Of The Ann Arbor Savings Bank image
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At Ann Arbor, Michigan., at the close of business Dec. 19th, 1890. RESOURCES. I JLIABHilTIES. Loansand Discounts, 1375,536 49 r.„_:tal .tn„t „„ in snnm nn Stocks, Bonds, Mortgages, etc 259,718 15 Pal stocK paitt in, su.uuo Ut, Overdrafts 2,510 51 Surplus fund, 100,1)00 00 Due f rom banks in reserve cities 75,253 59 Duefromother banks and bankers.. 7,017 20 Undivided proflts, 31,675 78 DNo.fLA. .L8!'.11!8.' 12,151 25 Dividends unpaid 385 00 Furniture and Fixtures 1,930 85 Commercial deposita 152237 07 Current expenses and taxes paid, 2,932 3 Cheoks and cash items 692 05 Savings deposita, 416,843 47 Goidnn!es::::::::::::::::::: 15,000 oo Dueto banks and banken.. 338 92 Silve'r .....--. 2,065 00 Certiflcates of deposit 26,390 35 U.S. and National Bank Notes, 23,002 00 v _____ 777,870 62 777,870 62 STATE OF MICHIGAN, I County of Washtenaw. f I, Charles E. Hiscock, cashier of the above named bank, do solemnly 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, Directors. Subscribed and sworn to before me, this 24th day of December, 1890. Michael J. Fritz, Notary Public, Capital stock paid in, $ 50,000 I Total assets, - $761,291.31 Capital security, - 100,000 1 Surplus, - - 100,000.00 Transacts a general banking business; buys and sells exchanges on New York, Detroit and Chicago; sells draf ts on all the principal cities of Europe. This bank, already having a large business, invites merchants and others t 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 first days of January and July, on all sums that were deposited three months previous to those days, thus aft'ording the people of this city and county a perf ectly safe depository for their funds, together with a return in interest f or the same. Money to loan on approved securities. Directors.- Christian Mack, W. D. Harriman, Daniel Hiscock, William Deubel, Willard B. Smith, David Einsey, and L. Gruner. Officers.- Christian Mack, President; W. D. Harriman, Vice-President; Chas. E. Hiscock. Cashier.