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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. RESOURCES. LIAB1LITIES. Loans and Discounts, $431,33;! 71 „-,,.. cnnnnnn Stocks, Bonds, Mortgages, etc, 44,316 24 Capital stock ï 5U.UUU uu eVdFixtürér.::::::::::::: Sí I6 Surplus fuM mü0 Current expenses and taxes paid, 2,288 15 Undivided profits, - 33,339 57 CASH. Dividends unpaid, 350 00 Due f rom banks in reserve cities 101,140 90 TnrpnsTTS Duefroniother banks and bankers-. 1.7S5 83 UJlruo ' ,-„, Checks and cash items, 229 80 Commercial deposita, Io9,786 &J GlifcoXd-pe-nuie-s-' .v::::::::::::::: wm I saYings depots 405,535 90 Süver coin, 2,800 00 Certifloates of deposit 28,648 68 U.S. and National Bank Notes 15,958 00 8827,507 27 $327,507 STATE OF MICHIGAN, I County of Washtenaw. f H8I, 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. Correct- Attest: Christian Mack, L. Gruner, W. D. Harriman, Direetors, Subscribed and sworn to before me, this 9th day of May, 1891. MiCHAEt, 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 bhose days, thus affording the people of this city and county a perfectly saté depository f or their f unds, together with a return in interest f or the same. Money to loan on approved securities. ■m-,, Directors.- Christian Mack, W. D. Harriman, Daniel Hiscock, William Deubel, Willard B. Smith, David Rinsey, and L. Gruner. Officers.- Christian Mack, President; D. Harriman, Vice-President; Chas. E. Hiscock. Cashier.