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The Ann Arbor Savings Bank

The Ann Arbor Savings Bank image
Parent Issue
Day
24
Month
February
Year
1891
Copyright
Public Domain
OCR Text

REPORT OF THE CONDITION OF At Ann Arbor, Michigan., at the close of business Dec. 19th, 1890. RESOURCES. LIABrUTIKS. Loans and Disoounts, 1375,636 19 „ . t . ,. , Stocks, Bonds, Mortgages, etc., 259,718 15 Capital stock paid In, t 50,000 00 Overdrafts 2,510 51 Surnlus fund innimnnn Due from banks in reserve cities .... 75,253 69 öurpms Iuna ÏUU.UOO 00 Due f rom other banks and bankera.. 7,017 20 Dndivlded profits, 31,675 79 Due from Treasurer School District _, No. 1. A. A 12,161 25 Dividends unpaid S86 00 Furniture and Fixturea 1,930 85 Commeroial dfinrwlts „, Current expenses and taxea paid 2,932 83 commerolal deposita, 162,237 07 Checks and cash items, 692 05 Savlngs depogits 416,843 47 Nickels and pennies, 60 60 „ . . . Gold, 16,000 00 Due to banks and bankera 338 92 fr?serand'ÑkVibnarBnk"Note-8V:::::: èjm 00 Certiflcatefofdeposit, - 26.390 36 ATB OF MICHIGAN..., m8TO Cbunty of Waahtenaw. f B8I, Charles E. Hisoock, oashier of the above named bank, do soiemnly swear that the above tatement is true to the best of my knowledge and belief. Charles E. Hiscock, Cashier. Correct- Attest: Christlan Mack, Daniel Hiscock, David Kinsey, 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 1 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 consistent with safe banking. In the Savings Department interest 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 f or their f unds, together with a return in interest f or the same. Money to loan on approved securities. Dikectoks.- Christian Mack, W. D. Harriman, Daniel Hiseock, William Deubel, Willard B. Smith, David Rinsey, and L. Gruner. Officers.- Christian Mack, President; W. D. Harriman, Vice-President; Ehas. E. Hiscock. Cashier.