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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 CONDÏTION OF At Ann Arbor, Michigan., at the close of business Dec. 19th, 1890. RESOURCES. LIABILITIES. lioans and Disoounts, 1375,536 49 p,ntai ..„v naliHn M mn m fltooks, Bonds, Mortgages, etc., 259,718 15 ftPu sto0K Paw m oU.OUU Ü0 Overdrafta,..... 2,610 51 Surplus fund 100.U00 00 Due from banks in reserve oitles 75,253 59 7,017 20 Undivlded proflts 31,675 79 DHo.1Ej?. Añ.00.1..1".8!?.1 12,151 flt Divldends nnpaid, 386 00 Furntaire and Fixtures 1,930 85 Commeroial deposita, 152,237 07 Current expenses and taxes paid,.-.. 2,932 3 Check8 and cash items, 692 05 Savings deposits, 416,843 47 SdQ.i..e.nn.les-'.::::::::::::::::: 15,000 00 ouetobanks and banken, 338 92 Silye'r,.-.. ......... ...-..-...- 2065 00 Certifloates of deposit 26,390 35 V. 8. and National Bank Notes, 23,002 00 ___ 777,870 62 777,870 62 STATE OP MICHIGAN, I., County of Washtenaw. f 88I, Charles E. Hiscook, 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 Hiseock, David Rlnsey, 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, - $761,391.31 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 perfectly safe depository f or their f unds, together with a return in interest f or the same. Money to loan on approved securities. Directors.- Christian Mack, "W. D. Harriman, Daniel Hiscock, William Deubel, Willard B. Smith, David Rinsey, and L. Gruner. Officers.- Christian Mack, President; W. D. Harriman, Vice-President; Chas. E. Hiscock, Cashier.