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Ann Arbor Savings Bank

Ann Arbor Savings Bank image
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REPORT OF THE COND1TION OF THE At Ann Arbor, Michigan, at the close of business, Dec. 15, 1897.. RESOURCES. TIAB1LIT1KS. LoansandDiseounts, 1480,279 73 Stocka, Bonds, Mortgages. etc 692.471 73 Capital stock paid in t 50,000 OW Overdrafts 562 13 Surplus fund, 160,000 00 Banking House 20,500 00 Undivided proflts lesscurrentexpenFurniture and Fixtures 7,917 32 ses. Interest and taxes pald 17,340 35 Other Real Estáte 47,898 63 Dividendeunpaid 199 00 CASH. Due from banks in reserve cities . ... 156,488 78 UBPOSITS Due f rom other banks and bankers.. 3,123 41 Commercial deposite, subject to Checks and cash items 520 46 check. ] 85,460 84 Nickels and cents - 637 97 Savinjrs Depofits. 813,907 66 Geld coiu, 32.K0 00 gavinas OertincKref of Depoeits, 131,854 74 Silver coin 3,300 00 Due to liunks ;uid Bankers 19,334 57 Ü.S. and National Bank Notes 28,209 00 __[__ il.374,097 16 $1,374,097 16 STATE OF MICHIGAN, i County of Washtenaw. f 08 I, Charles E. Hiscock, cashier of the above namd banK, do soiomnly swear that the statement is true to the best of my knowledge and belief Cuas. E. IIiscock, Cashier. Subscribed and sworn to bef ore me, this 20th day of December, lx(7. MiCHAKi. J. Fritz, Notary Public Correct Attest: Christian Maek, W. D. Harriman, L. Gruner, Directors Capital, S50.000. Surplus, $150,000. Resources, $1,000,000. Transacts a general banking business; buys and sells exchanges ou 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 paicS semi-annually, on the ürst days oí January and July, on all sums that were deposited three months previous to those days, thus añording the people of tbis city and county a perfectly safe depository for their fnnds, together with a r turn in interest for the same. Money to loan on approved securities. Directoks.- Christian Mack, Daniel Hiscock, Willard B. Smith VV. D Harriman, William Deubel, David Rinsey, L. Gruner. Officers.- Christian Mack, President; W. D. Harriman, Vicf President Chas. E. Hiscock, Cashier. M. J. Fvitz Ass't-Cashier.


Ann Arbor Argus
Old News