Ann Arbor Savings Bank
REPORT OF THE COKDITION OF THE
ANN ARBOR SAVINGS BANK
At Ann Arbor, Michigan, at the close of business, Dec. 15, 1897.
RESOURCES. LIABILITIES.
Loans and Discount $480,279 73
Stocks, Bonds, Mortgages, etc 592,471 73 Capital stock paid in $50,000 00
Overdrafts 562 13 Surplus fund, 150,000 00
Banking House 20,500 00 Undivided profits less current expen-
Furniture and Fixtures 7,917 32 ses, interest and taxes paid 17,340 36
Other Real Estate 47,898 63 Dividends unpaid 199 00
CASH
Due from banks in reserve cities . ... 166.488 78 DEPOSITS.
Due from other banks and bankers.. 3,123 41 Commercial deposits, subject to
Checks and cash items 520 46 check 185 460 84
Nickels and cents 637 97 Savings Deposits 819 907 85
Gold coin 32,17000 Savings Certificates of Deposits 131,86
Silver coin,. 3,300 00 Due to Banks and Bankers 19,344 1
U S. and National Bank Notes, 28,209 00 _______________
__________
11,374,097 16 11,87 7 1
STATE OF MICHIGAN,
County of Washtenaw. , } ss.
I, 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 before me, this 20th day of December, 1897.
Michael J. Fritz, Notary Public.
Correct 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 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 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 this city and county a perfectly safe depository for their funds, together with a return in interest for the same. Money to loan on approved securities.
DIRECTORS.- Christian Mack, Daniel Hiscock, Willard B. Smith, W. D Harriman, William Deubel, David Rinsey, L. Gruner.
OFFICERS.- Christian Mack, President; W.D. Harriman, Vice-President Chas. B. Hiscock, Cashier M. J. Fritz Ass't-Cashier.
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Old News
Ann Arbor Argus-Democrat