Ann Arbor Savings Bank

REPORT OF THE CONDITION OF THE

ANN ARBOR SAVINGS BANK

At Ann Arbor, Michigan, at the close of business. Dec 1 1898

RESOURCES.

Loans and Discounts ___________________  $437,953.26

Stocks, Bonds, Mortgages ______________   659,911.59

United States and Mich. State Bonds ______    24,700.00

Overdrafts_____________________________     1,984.86

Banking House _________________________    20,500.00

Furniture and Fixtures __________________     7,417.32

Other Real Estate _____________________    48,781.43

CASH.

Due from banks in reserve cities ______   151,679.32

Due from Treasurer School District. No 1,

Ann Arbor _____________________________    10,282.30

Exchanges for clearing house __________     3,490.93

Checks and cash items _________________       765.38

Nickels and cents _____________________       324.57

Gold coin _____________________________    40,257.50

Silver coin ___________________________     1,365.00

U.S. and National Bank Notes __________    27,980.00

                                                                _____________

                                                                  $1,437,393.36

LIABILITIES

Capital stock paid in _________________   $50,000.00

Surplus fund________________________   150,000.00

Undivided Profits less current expen-

see, interest and taxes paid __________    14,964.16

Dividends unpaid ___________________       386.00

DEPOSITS

Commercial deposits, subject to

check _________________________________   199,562.21

Savings Deposits ________________________   828,610.79

Savings Certificates of Deposit______________   101,204.22

Due to Banks and Bankers _________________    22,653.91

                                                                        _____________

                                                                          $1,437,393.36

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 6th day of December 1898

           MichaelJ 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 percent 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. E. Hiscock, Cashier; M. J. Fritz, Asst. Cashier