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The Ann Arbor Savings Bank

The Ann Arbor Savings Bank image
Parent Issue
Day
24
Month
July
Year
1891
Copyright
Public Domain
OCR Text

REPORT OF THE CONDITION OF At Ann Arbor, Michigan., at the close of business May, 4, 1891. RESOURCES. Loans and Discounts, $431333 71 IjIABILITIES. Stocks, Bonds, Mortgages, etc, 244J316 24 Capital stook $ 50,000 00 FunitoendFÜtüiês'""""'.:"'.' 'm 85 SurPlus fund 100,000 00 Current expenses and taxes paid 2,288 15 Undivided proflts 33,539 97 CASH. Dividends unpaid, 356 00 Due from banks in reserve cities 101,140 90 _. Duefromotherbanksandbankers.. lSÖ 83 DEPOSITS. Checks and cash items, 229 80 Commercial deposit8 .-. .. 159,786 82 Nickels and pennieg 141 Kil Gold coin,. ....... .. "' 15000 00 Savings deposita, 455,535 90 ütS-a-iiönaï Bank-Nötev;:::::: á % Certifloates f dep" - ■ 1827,567 27 $327,567 STATE OF MICHIGAN, I .„ County of Washtenaw. f 8SI, 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. Chablbs E. Hisoock, Cashier. Correct- Attest: Chrtstian Mack, L. Gruner, W. D. Harriman, Directors. Subscribed and sworn to before me, this 9th day of May, 1891. Michael J. Fbitz, Notary Publi c Capital stock paid in, $ SO.OOO 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 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 conistent with safe banking. In the Savings Department interest is paid semi-annuallyon the flrst days of January and July, on all suins that were deposited three months previous to ■hose days, thus affording the people of this city and county a perfectly safe deository f or their f unds, together with a return in interest lor the same. Money ;o 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.