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The Ann Arbor Savings Bank

The Ann Arbor Savings Bank image
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REPORT OF THE CONDITIONOF ( At Aun Arbor, Michigan., at the close of business May, 4, 1891. ) Loans and Discounts 8431 333 71 . LIAB1LITIES. Stocks, Bonds, Mortg-ages, etc, 244,316 24 Capital stock l 50,000 00 Fumururfesand"Fixtürës-:::;:::;::;::: $SLS surpmsfund muoooo Current expenses and taxes paid,.... 2,288 15 Undivided proflts, 33,339 5",' CASH. Dividends unpaid, 356 00 Due from banks in reserve cities .... 101,140 90 „„„n, Due from other banks and bankers. . 1,785 8;! DEPOSITo Checks and cash items, 229 80 Commercial deposits, 159,786 83 Nickels and pennies 14153 „ Gold coin,. ....... . 15000 i Savings deposits 4oo,53o 90 aaBiEr áZ g Certifícate, of - W $827,567 27 $827,507 STATE OP MICHIGAN, I „ County of Washtenaw. f B" I, Charles E. Hiscock, eashier of the above named bank, do soiemnly swear that the above statement is true to the best of my knowledge and belief. Chakles 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 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 acccunts 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 f or their f unds, together with a return in interest lor the same. Money to loan on approved securities. Directors.- Christian Mack, W. D. Harriman, Daniel Hiscock, William Deubel, Willard B. Smith, David Kinsey, and L. Gruner. Officers.- Christian Mack, President; W. D. Harriman, Vice-President; Chas. E. Hiscock. Cashier.