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Ann Arbor Savings Bank

Ann Arbor Savings Bank image
Parent Issue
Day
1
Month
April
Year
1898
Copyright
Public Domain
OCR Text

REPORT ÓF THE COXÜITION OF THE At Ann Arbor, Michigan, at tbe close of buainesa, Dec. 15, 1897. RESOURCES. LIAB1LIT1ES. LoansandDiseounts, 1480,279 73 Stocks, Bonds. Mortgag-es, etc. 592,471 ";} Capital stook paid in I 50,000 00 Overdrafts Ö62 lli Sui-plu fund.... 150.U00 00 Banking House 30,500 00 Undivided prof ts lesscurrentexpenFurniture and FixtureB --- 7,917 32 ses. interest and taxes pak! 17,340 35 Other Keal Estáte 47,898 03 DivMÏendsuiipHid, 199.00 CASH. nRWMiT Due from banks in reserve citiee ... ]56,-t8S 79 ru'11 Duefroin other banks and bankers.. 3,12.1 4 ( Commercial depositR, subject to Checks and cash items 520 4h" tiieck lSó.460 S4 Niekels andcents 831 W SHvinjrs Depooits 8U.907 66 Goldcoin, 32.170 00 Sarinas Cfirtiflcates of Deposits, lol. 854 74 Silver eoin, 3,300 110 Tue lo Banks and Bankers 19,34 57 ü. S. and National Bank Notes. 28,2119 00 Í1 ,374,097 16 .,$1,374,097 16 STATK OF MICHIGAN, County of Washtenaw. fHBI Charles E. Hiscock, eashier ol the above nanied batik, rio soiemnly ewear that the above statement is truetoine best of my knowtedpc and belief Oh as. E. Hiscock, Casmer. Subscribed and sworn to before me. this -ütn rta.v of December, 18OT. Michaei. J. Kritz, Notary Public. Correct Attkst: Christian Mack. W. I. HRrrimsn, L,. Griinor. Directors Capital, $50,000. Surplus, $150,000. Resources, $1,000,000. Transacts a general banking business; buys anti 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 bankine. In the Savings Department interest at the rate of three percent, is paid semi-annually, ov the flrst days of January and Juïy, ou all sums that were deposited three months prevións to those days, tlms affording the people of this city and county a perfectly safe depository for their funds, together with a return in interest for the same. Money to )oan on approved securities. Directoks.- Christian Mack, Daniel Hiscock, Willard B. Smith, W. D Harriman, William Deubel, David Einsey, L. Gruner. Officeks.- Christian Mack, President; W. D. Harriman, Vice-T'resident Chas. E. Hiscock, Cashier M. J. Fritz Ass't-Cashier.

Article

Subjects
Ann Arbor Argus
Old News