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Ann Arbor Savings Bank

Ann Arbor Savings Bank image
Parent Issue
Day
4
Month
November
Year
1898
Copyright
Public Domain
OCR Text

REPORT OF THE CONDITION OF THE At Ann Arbor, Michigan, at the close of business, Dec. 15, 1897. RESOUBCES. TTAR1TTT1RS Loans and Discounts, 1480,279 73 UABILITIKÖ. itocks, Bonds, Mortgages, etc 592,471 73 Capital stock paid In I 50,000 00 )verdrafts 662 13 Surplus fund, 16O.U00 00 Janking House 20,500 00 Undivlded proflts lesscurrentexpenPurniture and Fixtures 7,917 32 ses, interest and taxes pald 17,340 86 Other Real Estáte 47,898 63 Dividendsunpaid 199 08 CASH. )ue from banks in reserve oitiea ... 156,488 78 DKPOSITS. Duefrom other banks and bankers.. 3,123 41 Commercial deposita, subject to ;hecks and cash items 520 46 check 185460 84 Rekels and cents o,?i5S sawng8 Depoïiü;:::::::::::::::;::::: 8R907 goW com, ... 33,l0 00 Savings Certifleate of Deposita 131,854 74 Silver coin, 3,300 00 Dup tnRankaanii HunVn im im S7 ü. S. and National Bank Notes 28Í209 00 BanK9ana Bankers 19,334 67 $1,374,097 16 11,374,097.18 STATE OF MICHIGAN, I County of Washtenaw. f 88I, Charles E. Hiscock, cashier of the above named bank, do solemnly swear that the above statement is true to the best of my knowledge and belief. Chas. E. Hiscock, Cashier. Subscribed and sworn to bef ore me, this 20th day of December, 1897. Michakl J. Fhitz, Notary Publio. Correct Attest: Christian Mack, W. D. Harrlman, 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 merchants and othera 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, od the flrst days of January and July, on all sums that were deposited three months previous to those days, thus aflording the people of this city and county a perfectly safe depository for their funds, together with a re;urn in interest for the same. Money to loan on approved securities. Directors.- Christian Mack, Daniel Hiscock, Willard B. Smith, W. D 3arriman, William Deubel, David Rinsey, L. Gruner. Officers. - Christian Mack, 'President; W.D. Harriman, Vice-President Chas. E. Hiscock, Cashier M. J. Fritz Ass't-Cashier.