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Ann Arbor Savings Bank

Ann Arbor Savings Bank image
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REPORT OF THE CONDITION OF THE At Ann Arbor, Michigan, at the ciuse of business, Dec. 15, 1SÍ7. RESOURCES. LIAB1LIT1ES. Uans and Discount, 80,279 73 Stocks, Bonds, Mortgages, etc 592,471 73 Capital stock paid in t 50,000 00 3verdrafts R62 13 Surplus fund, 150,000 00 Banking House 20,500 00 Dndivided proflts lesscurrentexpenFurni ture and Fixtures 7,917 32 ses. interest and taxes paid 17,340 35 3ther Real Estáte 47,898 63 DividendBunpaid, 199 08 CASH. rT?pn5TT5 Due from banks in reserve cities . ... 156,488 78 uaruoixo. Due fromother banks and banker6.. 3,123 41 Commercial deposita, subject to Cheoks and cash items 520 46 check - 183,460 84 Nickels andcents 637 OT Savines Deposits, 813,907 66 Goldcoin, 32.170 00 Savings Certiflcates of Deposits 131,854 74 Silver coin 3,300 00 Due to Banks and Bankers 19,334 57 ü. S. and National Bank Notes, 28,209 00 . ,374,087 Ib L1,314,097 16 STATE OF MICHIGAN, I County of Washtenaw. f"8' . I, Charles E. Hiscoek, cashier of the above named bank, do soiemnly swear that .the above statement is true to the best of my knowledjje and belief. Chas. E. Hiscock, Cashier. Subscribed and sworn to before me, this 20i h day of December, 1897. Michakl J. Fritz, Notary Pubbc. COKREeT Attest: Christian Mack, W. D. Harriman, L. Gruner, Directors. Capital, $50,000. Surplus, $150,000. Resources, $1,000,000. Transacts a general banking business; buys aud 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 bankina. . In the Savings Department interest at the rate of three per cent. 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 perf ectly safe depository for their funds, together wita a return in interest for the same. Money to loan on approved securities. Directors.- Christian Mack, Daniel Hiscock, "Willard B. Smith, W. D Harriman, Williara Deubel, David ïtinsey, L. Gruner. Officers.- Christian Maek, President; W. D. Harriman, Vice-"President Chas. E. Hiscock, Cashier M. J. Fritz Ass't-Cashier.


Ann Arbor Argus
Old News