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The Ann Arbor Savings Bank

The Ann Arbor Savings Bank image
Parent Issue
Day
23
Month
October
Year
1891
Copyright
Public Domain
OCR Text

REPORT OF THE CONDITIONOF At Ann Arbor, Michigan., at the close of business May, 4, 1891. RESOURCES. . LIAB1LITIES. Loansant Discounts, $431,33:! Tl „ ... . , . cnnnnnn Stocks, Bonds, Mortg-ages, etc, 244,316 24 Capital stook 50,000 W Sfs-:::::::::::::: '!Mi 'Ë Surlus mm 00 Current expenses and taxes paid, 2,288 15 Undivided proflts, 33,339 S7 CASH. Dividends unpaid, 356 00 Due f rom banks in reserve citiea 101,140 90 -mroniTTs Due f rom other banks andbankers.. 1,785 83 ujü-usíj.s. Checks and cash items, 229 80 Commercial deposits, Io9,78u S3 gneniü' -::::::::::::::: .iíSS ■■ deposite,..; 455,53 ü!atinafBankNosV:::::: lf$% Certiiicatesofdcposit W Í887.6OT 27 7,567 STATE OF MICHIGAN, l„ County of Washtenaw. f sI, 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. Hamman, Directors, Subseribod 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 -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 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 perfectly safe depository f or their f unds, together with a return in interest tor the same. Money to loaa on approved securities. Directörs.- Christian Mack, W. D. Harriman, Daniel Hiscock, William Deubel, Willard B. Smith, David Einsey, and L. Gruner. Officers.- Christian Mack, President; W. ü. Harriman, Vice-President; Chas. E. Hiscock. Cashier.