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The Ann Arbor Savings Bank

The Ann Arbor Savings Bank image
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REPORT OF THE COWDITIOW OF At Aun Arbor, Michigan, at the close of business, December, 31, 1892. RESOURCES. J LIABILITIES. Loansand Discounts, Ï44!),781 3:: ponjtal stook 50 flnn m Stocks, Bonds, Mortgages, etc 398844 40 LaPltal8t0CK BU.ouu 00 Overdraits 2 268 81 Surplus fund, 100,000 00 Furnitureand Fixtures 2Ü,'427 02 Undivided proflts, 46,686 52 CASH. Dividends unpnid, 2,956 00 Due f rom banks in reserve cities 119.9S0 87 nupnstTs Due from other banks and bankers. : 520 S4 Checks and cash items, 1,892(11 Certiñeates of deposit 53,919 00 2JS g commeruui depwit.. 203,040 53 Goldcoin,.! ._ "" m'.noo 00 Savings deposits, 578,743 27 ü. S. and National Bank Noteo, 12.IS25 00 Due from School District No. I, A. A. 1,244 60 $ 1 034 194 '2 $1,034,194 32 STATE OF MICHIGAN, I „ County of Washtenaw. f SSI, Charles E. Hiscock, cashier of the abore uained bank, do eoiemuly swear that the above statement is true to the best of my knowledge and belief. Charles E. Hiscock, Cashier. Correct- Attest: Christlan Mack, V. B . Smith, L. Gruner, Directors. Subscribed and sworn to before me, this 3rd day of January, 1893. JHchael J. Fritz, Notary Public. Capital security, - 100,000 I Total assets, - $1,000,000.00 Capital stock paid ia, $ 50,000 Surplus, - - 150,000.00 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 theni with the assurance of the most liberal dealing con"istent with safe banking. In the Savings Department interest at the rate of four per cent. is paid semi-annually, on the ürst 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 for their funds, together with a return in interest for the same. Aloney to loan on apüroved securities. Dieectoks. - Christian Mack, W. D. Harriman, Daniel Hiscock, William Deubel, Willard B. Smith, David Rinsey, and L. Gruner. Officers. - Christian Mack, President; W. D. Harriman, Viee-President; Chas. E. Hiscock, Cashier, M. J. Fritz, Ass't-Cashier.


Ann Arbor Argus
Old News