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The Ann Arbor Savings Bank

The Ann Arbor Savings Bank image
Parent Issue
Public Domain
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REPORT OF THE CONDITIONOF At Ann Axbor, Michigan., at the close of business May, 4, 1891. RESOURCES. LIABILITIES Lóans and Disoounts, 1431,333 71 _ „. , . , . ..„ „ „„ Stocks, Bonds, Mortgages, etc, 244,316 24 Capital stock t 50,000 00 Overdrafts, 10,042 26 qllrni„R fnnri KV) (in 00 Furniture and Fixtures 1,930 85 faurPlus fuQd 100,000 00 - Current expenses and taxes paid, 2,288 15 TJndivided profits, 33,339 97 CASH. Dividends unpaid 356 00" Due from banks in reserve cities 101,140 90 tiupiistts Due from other banks and bankers .. 1,785 83 Uüiuaiiö. Checks and cash items, 229 80 Commercial deposits, 159,786 82 ffiSIS,ndPeim1081: 150 00 Savings deposits 455,535 90 ü'SationalBañk-No,-:::::: SS Certifícate of deposit ■■ 28,543 68 $827,567 27 $827,567 STATE OF MICHIGAN, l„ County of Washtenaw. f s' I, Charles E. Hiscock, cashier of the above named bank, do soiemnly swear that the above statement is true to the best of my knewledge and belief. Charles E. Hiscock, Cashier. Correct- Attest: Christian Mack, L. Gruner, W. D. Harriman, Directors, Subscribed and sworn to before me, this 9th day of May, 1891. 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 drafts on all the principal cities of Europe. This bank, already having a large business, invites ruerchants 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 flrst 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 perf ectly safe depository for their f unds, 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.