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Report of the Condition of the Ann Arbor Savings Bank

Report of the Condition of the Ann Arbor Savings Bank image
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REPORT OF THE COKDITION OF THE At Ann Arbor, Michigan, at the close of business, Dec. 15, 1897. RESOURCES. LIAB1LIT1ES. Loans and Discounts, 1480,27!) 73 lu,m„ Stocks, Bonds, Mortgages, etc 692,471 73 Capital stock paid in l,?5lO9S 9S Overdrafts - 563 13 Surplus f und 150,000 00 House 20,500 00 Undivided proflts lesscurrentexpenFurniture aud Fixtures 7,917 32 ses, interest and taxes paid li,340 35 Other Real Estáte 47,898 63 Dividendsunpaid, 199 00 CAbH. DEPOSITS Due f rom banks in reserve cities .... 156,488 78 Duefrom other banks and bankers.. 3,123 41 Commercial deposite, subject to Checks and cash items 520 46 check 185,460 84 Nickels and cents 637 97 Savings Deposits 819,907 66 Goldcoin, 32,170 00 Savings Certifícate of Deposits, 131,854 74 Silver coin 3,300 00 Due to Banks and Bankers 19,334 57 U. S. and National Bank Notes, 28,209 00 $1 374,097 16 $l,o74,09718 STATE OF MICHIGAN, i CI,IcLarlMaE.tmsoóok, cashler of the above named bank, do soiemnly swear urtthe above statement is true to the best of my knowledge and belief. Chas. E. Hiscock, Cashier. Subscribed and sworn to before me. this 20th day of ecember, 1 CORRECT Attest: Christian Mack, W. D. Harriman, L. Gruner, Directora 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 nierchants and otners to open accounts with them with the assurance of the most liberal dealing consistent with safe banking. 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 affordmg the people of this city and county a perf ectly safe depository f or their f unds, together with a return ininterest for the same. Money to loan on approved securities. DiBECTOiis.- Christian Mack, Daniel Hiscock, Willard B. Smith, W. D Harriman, William Deubel, David Kinsey, L. Gruner. Officbrs.- Christian Mack, President; W. D. Harriman, Vice-Fresident Chas. E. Hiscock, Cashier. M. J. Fritz . Ass't-Cashier.