Press enter after choosing selection

The Ann Arbor Savings Bank

The Ann Arbor Savings Bank image
Parent Issue
Public Domain
OCR Text

REPORT OF THE CONDITIONOF At Aun Arbor, Michigan., at the close of business May, 4, 1891. RESOURCES. LIAB1LITIES. Loans and Discounts, $431,333 71 „ ... . . snmnnn Stocks, Bonds, Mortgages, etc, 244,316 24 Capital stock S 5U,UUU w Overdrafts, ----.--- 10,642 26 Surplus fund 100,000 00 Furniture and Fixtures 1,930 85 Current expenses and taxes paid,.... 2,288 15 ündivlded proüts, 33,339 97 CASH. Dividends unpaid 356 DO Due from banks in reserve cities 101,140 90 TiFPnmr"? Due from other banks and bankers . . 1,785 83 , ve-rvoi j. o . ,.„„, Checks and cash Items, 229 80 Commercial deposits,- 159,785 8 fcoXd.pln5e.s.v;:::::::::::::::: isjoo SS savingsdePosits 5,535 90 'SationalB-añk-Nos,-:::::: ig Certincatesofdeposit ■■ 28,548 68 827,567 27 $827,56? STATE OF MIQHIGAN, I „ County of Washtenaw. f88" I, 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. Corkeot- Attest: Christian Mack, L. Gruner, W. D. Harriman, Directors, Subscribed and sworn to before me, this 9th day of May, 1891. Miohael 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 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 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 affording the people of this city and county a perfectly safe depository for their f unds, together with a return in interest tor the same. Money to loan on apüroved 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.