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Ann Arbor Savings Bank

Ann Arbor Savings Bank image
Parent Issue
Day
25
Month
February
Year
1898
Copyright
Public Domain
OCR Text

REPORT OF THE CONDITION OP THE At Ann Arbor, Michigan, at the close of business, Dec. 15, 1897. RESODECBS. LIABILIT1KS. Loansand Discounts, 1480,279 73 _'■....' , lünnmno Stocks, Bonds, Mortgages, etc 692,471 73 Capital stock paid in im'nOO 00 Overdrafts ..! -- 562 18 Surplus fund 160,000 U0 Banking House 20,500 00 Undivlded proflts .... Furniture and Fixtures 7,317 32 ses, interest and taxes paid U,wu Other Real Estáte 47,898 68 Dividends unpaid lm w CASH. nTSPOSTT Due from banks in reserve cities . ... 156,488 78 UMU Due from other banks and bankers.. 3,123 41 Commercial deposita, subject to . Checks and cash items 520 46 check J&iïS Nickels andcents 637 97 Savlngs Deposits ?.IV7 Hb Goldooiu 32,170 00 Savlnss Certificaten of Deposits 'ín'SÍi 't Silver coin, 3,300 00 Due to Banks and Bankers l,a o' ü. S. and National Bank Notes 28,209 00 $1,374,097 16 $1,374,097 16 STATE OF MICHIGAN, g8 TffifÖ cashier of the above named bank, do oiemnly that the above statement is true to the best of my knowledge and belief. Cras. E. Hiscock, Casmer. Subscribed and sworn to bef ore rae, this 20th day of jDember, 1897. publjo Correct Attest: Christian Mack, W. D. Harriman, L. Grunor, Direotors Capital, $50,000. Surplus, $150,000. Resources, $1,000,000. 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 otfter to open accounts with them with the assurance of the most liberal dealmg consistent with safe banking. . ,. In the Savings Department interest at the rate of three per cent. is paia 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 for their f unds, together witü a return in interest for the same. Money to loan on approved secunties. Dikectoks.- Christian Mack, Daniel Hiscock, Willard B. Smith, W. D Harriman, William Deubel, David Rinsey, L. Gruner. Oïticers.- Christian Mack, President; "W. D. Harriman. Vice-Pvesident Chas. E. Hiscock, Cashier M. J. Fritz Ass't-Cashier.

Article

Subjects
Ann Arbor Argus
Old News