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The Ann Arbor Savings Bank

The Ann Arbor Savings Bank image
Parent Issue
Public Domain
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REPORT OF THE CONDITION OF At Ann Arbor, Michigan., at the close of business Dec. 19th, 1890. RESOURCES. MABHilTIEB. koans and Discounts Ï375.536 49 ,-,,,_„.-, ot.„t _„,,, ,„ ,„„.„ Stocks, Bonds, Mortgages, etc, 259,718 15 P1"" stock paid in t 50,000 00 Overdrafts, ... 2,510 51 Surplus fund 100,000 00 Due frombanks in reserve cities .... 75,253 59 ' Due f rom other banks andbankers.. 7,017 20 Undivided proflts, 31,675 79 Due from Treasurer School District „, ... . . . oo_ No. 1. A. A 12,151 25 Dividends unpaid, 385 00 Furniture and Fixtures -,-,-■■ J-930 85 Commercial deposita, 152,237 07 Current expenses and taxes paid, 2,932 03 ' ' Checks and cash items, 692 05 Savings deposits, 416,843 47 Goid,elsa.n.i!enn'es: :::;::::::::::: 15,000 óo ouetobanks andbankers 33392 ffra-HiaKSa g&"Krt5i,".::::: MS 00 Certifícate of deposit - 26,390 35 $777,870 62 777,870 62 STATE OF MICHIGAN, I „ County of Washtenaw. f ssI, Cbarles E. Hiscoek, cashier of the above named bank, do soiemnly swear that the above statement is true to the best of my knowledge and belief. Charles E. Hiscock, Cashier. Correct- Attest : Christian Mack, Daniel Hiscock, David Einsey, Directora, Subscribed and sworn to before me, this 24th day of December, 1890. Michael J. Fritz, Notary Public Capital stock paid in, $ 50,000 I Total assets, - $761,291.31 Capital security, - 100,000 Surplus, - - 100,000.00 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 others to open accounts with them with the assurance of the most liberal dealing conoistent with safe banking. In the Savings Department interest is paid semi-annually, on the first days of January and J uly, on all sums that were deposited three months previous to those days, thus affording the people of this city and county a perf ectly safe depository for their f unds, together with a return in interest for the same. Money to loan on approved securities. Dibectors.- Christian Mack, W. D. Harriman, Daniel Hisoock, William Deubel, "Willard B. Smith, David Binsey, and L. Gruner. Officers. - Christian Mack, President; W. D. Harriman, Vice-President; Chas. E. Hiscock. Cashier.