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Ann Arbor Savings Bank

Ann Arbor Savings Bank image
Parent Issue
Day
21
Month
October
Year
1898
Copyright
Public Domain
OCR Text

BEPOBT OF THE COKDITION OF THE At Ann Arbor, Michigan, at the close of business, Dec. 15, 1897. RESOURCES. LIABILIT1ES. Loans and Discounts $480,279 73 Stocks, Bonds, Mortgages, etc 592,471 73 Capital stook pald in t 50,000 00 Overdrafts.. 562 13 Surplusfund, 150,000 00 Banking House 20,500 00 Undivlded proflts lesscurrentexpenFurniture and Fixtures 7,917 32 ses. interest and taxes pald 17,340 35 Other Real Estáte 47,898 63 Dividends unpaid 199 09 CASH. Due from banks in reserve eities . ... 156,488 78 DEPOSITS. Duefrom other banks and bankers.. 3,123 41 Commercial deposita, subject to Cbecks and cash items 520 46 check 135,460 84 Nickels and cents 637 97 Savings Deposits 813,907 B8 Gold ooiu, 32.170 00 Savings Certiflcates of Deposits 131,854 74 Silver coin, 3,300 00 Due to Banks and Bankers 19,334 57 ü. 8. and N ational Bank Notes, 28,209 00 1,374,097 16 $l,374,097.16 STATE OF MICHIGAN, i . County of Washtenaw. f BBI, Charles E. Hiscock, eashier of the above named banX, do solemnly swear that the above statement is true to the best of my knowledge and belief. Ohas. E. Hiscock, Cashier. Subscribed and sworn to before me, this 20th day of December, 1897. Miohael J. Fbitz, Notary Public. Correct Attest: Christian Mack, W. D. Harriman, L. Gruner, 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 eities 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 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 affording the people of thia city and county a perfectly safe depository for their f unds, together with a return in interest for the same. Money to loan on approved securities. Directors.- Christian Mack, Daniel Hiscoek, Willard B. Smith, W. D Harriman, William Deubel, David Rinsey, L. Gruner. Oftickbs. - Christian Mack, President; W. D. Harriman, Vice-'President Chas. E. Hiscock, Cashier. M. J. Fritz Ass't-Cashier.