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The Ann Arbor Savings Bank

The Ann Arbor Savings Bank image
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REPORT OF THE CONDITION OF At Ann Arbor, Michigan., at the close of business May, 17, 1892. RESOURCES. LIABILITIKS. Loans and Discounts $437,500 28 r.nitll1 at„„v innnnne Stocks, Bonds, Mortgages, etc, 287,675 12 CaPltal stook 'm w Overdrafts, 6380 28 Surplus fund, ÏOO.UOO 00 Furniture and Fixtures 1,930 85 Undivided proflts 51,500 36 Current expenses and taxes paid 2,511 68 Divldeml3 „npaid 377 oq CASH. Due from banks in reserve cities .... 203,243 35 DEPOSITS. Due f rom other banks and bankers.. 1,40196 Banks and Bankers 180 90 Checks and cash items, 256 48 Certiflcates of deposit 47,763 63 Nickels and penmes 83 13 _ , , . . ,on.itun Silver coin 1,800 00 Commercial deposits 189,317 80 Goldcoin 15,000 00 Savings deposita, 531,815 84 ü. S. and National Bank Notes 13,172 00 970,955 13 ''955 13 STATE OF MICHIGAN, l„ County of Waahtenaw. f88I, 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, W. D. Harríraan, David Kinsey, Directora. Subscribed and sworn to before me, this 21st day of May, 1892. 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 ruerehants 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 aepository 'for their funds, together with a return in interest tor the same. Money to loau on apDroved securities. Dikectors.- Christian Mack, W. D. Harriman, Daniel Hiscock, Wilnam Deubel, Willard B. Smith, David Rinsey, and L. Gruner. Officers.- Christian Mack, President; W. D. Harriman, Vice-President; Chas. E. Hiscock. Cashier.


Ann Arbor Argus
Old News