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The Ann Arbor Savings Bank

The Ann Arbor Savings Bank image
Parent Issue
Day
10
Month
July
Year
1891
Copyright
Public Domain
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OCR Text

REPORT OF THE CONDITION OF At Aun Arbor, Michigan., at the close of business May, 4, 1891. RESOURCES. TTARTTTTTK? Loans and Discounts, }431 888 Tl LIAB1L1TIES. Stocks, Bonds, Mortgages, etc, 244 316 -i Capital stook S 50,000 00 ?Suad-FixVúr-:::::::;:::::: ii surPiusfund w Current expenses and taxes paid,.... 2,288 15 Undivided proflts 33,339 57 CASH. Dividends unpaid 356 00 Due f rom banks in reserve cities .... 101,140 90 ni,pn, Duefromother banks and bankers.. 1,785 83 utrusiis. Checks and cash items, 229 80 Commercial deposita,-. 159,786 83 Go!dcoirPennÍeS' " %M Savingsdeposits 455,535'90 onaïüankNos,-::;;;: ëZw e""" . - 28-M8. 827,567 27 827,667 STATE OP MICHIGAN, „ County of Washtenaw. f 8SI, 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. Hisoock, Cashier. Correct- Attest: Christian Maek, L. Gruner, W. D. Harriman, Direetors, Subscribed and sworn to before me, this 9th day of May, 1891. Michael J. Fritz. Notary Publi c 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 merchants and others to open accounts with them with the assurance of the most liberal dealing consistent with safe bankinar. 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 áffording the people of this city and county a perfectly safe depository for their funds, together with a return in interest for the same. JMoney to loan on apuroved securities. Directors.- Christian Mack, W. D. Haniman, Daniel Hiscock, Williiim Deubel, Willard B. Smith, David Rinsey, and L. Gruner. Officers.- Christian Mack, President; W. D. Harriman, Vice-President; Chas. E. Iliscock. Cashier.