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The Ann Arbor Savings Bank

The Ann Arbor Savings Bank image
Parent Issue
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REPORT OF THE CONDITIONOF At Ann Arbor, Michigan., at the close of business May, 4, 1891. RESOÜKCES. LIAB1LITIBS. Loans and Discounts, $431,333 Tl „ .. , . , .„i Stocks, Bonds, Mortgages, etc, 244,316 34 Capital stook 5U,UUU uu Overdrafts, 10,642 26 Surplus fund 100.UOO 00 Furniture and Fixtures 1,930 85 Du'u" "1J1U' Current expenses and taxes paid 2,288 15 Undivided proflts, 33,339 97 CASH. Dividends unpaid 366 00 Due f rom banks in reserve cities 101,140 90 tippíkstts Duefromotherbanksandbankers.. 1,785 83 ' "ubiio. ,.„„,.„ Checks and cash items, 229 80 Commercial deposita, 159,786! ffiie-:::::::::::;::: fö g saae, &anCd%íinkTBTnkNoVeV,-:::::JK Certificad of deposit ..JS 8827,567 27 $827,587 STATE OF MICHIGAN, I County of Washtenaw. f BBI, 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, Casüiei . Correct- Attest: Christian Mack, L. Gruner, W. D. Harriman, Directors. Subscribed and sworn to before me, this 9th day of May, 1891. ., Michael J. Fkitz, Notary Public Capital stock paid in, $ 50,000 I Total assets, - $7ei%'%k Capital security, - 100,000 1 Surplus, - - ÏOO.OOO.ÜU 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 otners to open acccunts with them with the assurance of the most liberal dealmg conñstent with safe banking. , In the Savings Department interest is paid semi-annually, on the nrsi qj 3f January and July, on all sums that were deposited three months previous 10 ;hose days, thus affording the people of this city and county a perfectly saie aepository for their f unds, together with a return in interest tor the same. Mouey ;o loan on apnroved securities. "" _,.,._ Dibectoks.- Christian Mack, W. D. Harriman, Daniel Hiseock, Wiiniiu Deubel, Willard B. Smith, David Einsey, and L. Gruner. Officers.- Christian Mack, President; W. D. Harriman, Vice-President; Ohas. E. Hiscock. Cashier.