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The Ann Arbor Savings Bank

The Ann Arbor Savings Bank image
Parent Issue
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REPORT OF THE CONDITION OF At Ann Arbor, Michigan., at the close of business Dec. 19th, 1890. RESOURCES. I LIABILITIES. Loans and Discounts, 1375,536 49 -.,._it-Qi „tnnir nniri In X Kil nnn nn Stocks, Bonds, Mortgages, eto 259,718 16 CaPltal 8tock paid ln' BU'UU0 W Overdrafts, 2,510 61 Surplus fund, 100,000 00 Due f rom banks in reserve cities 75,253 59 Duefromother banks and 7,017 20 Undivlded proflts, 31,6i5 9 DNo fïA Areasurer Sch01 Dl8trict 12 151 Bividends unpaid, 385 00 Furniture and Fixtures . 1,930 85 Commercial deposita,- 152,337 07 Current expenses and taxes paid, 2,932 93 Checks and cash items 692 05 Savings deposita 416,843 47 gom,618 and pennie3 ::::;::: 15,000 00 Due to banks and Dankers 338 92 Silve'r, 2,'065 00 Certiflcates of deposit 26,390 35 U.S. and National Bank Notes 23,002 00 " p _L_ Ï777.870 62 777,870 62 STATE OP MICHIGAN, I „ County of Washtonaw. f I, Charles E. Hiscock, cashier of the above named bank, do soiemnly swear that the above Btatement is true to the best of my knowledge and belief. Charles E. Hiscock, Cashier. Correct- Attest: Christian Mack, Daniel Hiscock, David Hinsey, Directors. 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 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 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 perf ectly safe depository f or their f unds, together with a return in interest f or the same. Monej to loan on approved securities. Directoks.- Christian Mack, W. D. Harriman, Daniel Hiscock, William Beubel, Willard B. Smith, David Einsey, and L. Gruner. Officees.- Christian Mack, President; W. D. Harriman, Vice-President: Chas. E. Hiscock. Cashier.