The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
FORTIETH ANNUAL REPORT O F T H E C O M M IS S I O N E R O F T H E BANKING DEPARTMENT https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis OF T H E STATE OF MICHIGAN DECEMBER 31, 1928 BY AUTHORITY Printed By Franklin DeKleine Co., Printers & Publishers Lansing, Mich. 1929 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis COMMISSIONERS OF BANKING OF M IC H IG A N (Under Act 205, 1887) T H E O D O R E C. S H E R W O O D , Appointed January 7, 1889; resigned November 7, 1896. D A N IE L B. A IN G E R , Appointed November, 11, 1896; resigned April 1, 1897. JOSIAH E. JUST, Appointed April 1, 1897; died February 19, 1898. G E O R G E L. M A L T Z , Appointed February 26, 1898; term expired January 8, 1903. GEORGE W . M OORE, Appointed January 8, 1903; term expired February 19, 1907. H E N R Y M . Z IM M E R M A N , Appointed February 19, 1907; resigned January 11, 1911. E D W A R D H. D O Y L E , Appointed January 18, 1911; term expired February 14, 1915. F R A N K W . M E R R IC K , Appointed January 13, 1915; resigned April 27, 1921. h u g h a . M cP h e r s o n , Appointed April 27, 1921; resigned January 1, 1927. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis R U D O L P H E. R E IC H E R T , Appointed January 21, 1927. (in) https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis E » DEPARTMENT OFFICERS C O M M IS S I O N E R R U D O L P H E. R E IC H E R T DEPUTY C O M M IS S I O N E R C. E. K A Y E C H IE F E X A M IN E R M . C. T A Y L O R Examiners R. I. HUDSON FRE D M A R IN E. G. M cGUGAN E. W. NELSON L. D. ROSE C. G. SHERK, JR. A. C. SM ITH LEO SPENCER F. H. SW ARTHOUT H. G. TAY LO R R. P. TEETERS E. W. BARBER K. H. BU TTARS P. D. B Y W A TE R R. A. CARROLL F. H. COW ARD W. B. D E TW E ILE R W. C. D REV D A H L E. B. FIN LE Y, JR. C. A. FORS B. P. G REEN E I. H. HAM ILTO N C. M. H ECK Assistant Examiners DONALD BICKN ELL J. B. CROSKERY R. M. DAANE R. H. G ARFIELD W. F. H E N R Y R. J. HODGSON https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis F. C. K EYES G. D. M ONROE F. F. NELSON B. W. PRESTON H. L. SW ITZE R PETER TALEN TIN O A. W. WOOLSEY RALPH CLENCH Examiner for Small Loan Agencies (V) https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis M $f TABLE OF CONTENTS xxii Abstract of Banks in Seventh Federal Reserve District of Michigan...................... Trust Companies in Seventh Federal Reserve District of M ichigan.. xxiii Banks in Ninth Federal Reserve District of Michigan........................... xxiv Trust Company in Ninth Federal Reserve District of Michigan......... xxv Grand Rapids State Banks............................................................................ xxx •Grand Rapids Trust Companies.................................................................. xxxi Michigan State Banks.................................................................................... xxvi Michigan Trust Companies........................................................................... xxvii National Banks in Michigan......................................................................... xxxii National Banks in D etroit............................................................................ xxxiii Receiverships.................................................................................................... xxi State Banks in D etroit................................................................................... xxviii Trust Companies in Detroit.......................................................................... xxix Banks, members of Federal Reserve System................................................................. xv-xviii Capital stock, increase o f ........................................................... xi Change of title............................................... xii Commissioners of Banking....................................................................................................... iii Consolidations...................................................................................................................... xi-xn Department Officers............................................................................................................ v Earnings and dividends...................................................................................................... xiv Expenses incurred in examination of banks................................................................... xv Extension of corporate existence.................................................................................... xii Financial condition.............................................................................................................. x Growth of state banks........................................................................................................ xiii-xiv Index to banks..................................................................................................................... 431-450 New banks.........................., ................................................................................................ xi Number of depositors.......................................................................................................... xiv-xv Number of examinations.................................................................................................... x Number of state banks and trust companies................................................................. x Receipts and disbursements.............................................................................................. xv Reserve cities........................................................................................................................ xiii Receiversh i ps........................................................................................................................ xviii-xx Report of the Commissioner............................................................................................. ix Reports of state banks and trust companies (see index)............................................. 3-365 Reports of national banks (see index)............................................................................. 369-428 Trust powers......................................................................................................................... xii-xiii Table of Contents................................................................................................................ vii https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis STATE BANKING DEPARTMENT R E P O R T O F T H E C O M M IS S IO N E R STATE OF MICHIGAN, Banking Department. Lansing, December 31, 1928. To the Honorable Fred W. Green, Governor, State of Michigan: In compliance with the provisions of Section Forty-three (43) of the general banking laws, I take pleasure in submitting the fortieth annual report of the Banking Department of the State of Michigan for the year ending December 31, 1928. In this report I have endeavored to set before you statistics and other data to determine the tremendous growth and increasing stability of our banks. The principal function of this Department is the supervision of state banks, trust companies, industrial banks, credit unions and small loan agencies. Our records disclose that on December 31, 1928 there were 585 State banks, 22 trust companies, ten industrial banks, 20 credit unions and 164 small loan agencies. An abstract of the reports of condition of our State banks and trust companies as of December 31, 1928 evidences resources aggregating in amount $1,837,549,382.66 and an increase in deposits for the current year of $71,453,446.16. Detailed statements evidencing the activities of this Department and the condition of the institutions under its supervision are embodied in the report. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Respectfully submitted, (>*) STATE BANKING D EPARTM EN T X N U M B E R O F S T A T E B A N K S A N D T R U S T C O M P A N IE S . There are at the date of this report under the supervision of the State Banking Department 585 state banks, 10 industrial banks and 22 trust companies transacting business in Michi gan. F IN A N C IA L C O N D IT IO N Reports showing the condition of all state banks and trust companies will be found on pages 3 to 365 inclusive. Reports of condition were called for by the Department and made by the banks at the close of business December 31, 1927, February 28, 1928, June 30, 1928, October 3, 1928, and December 31, 1928. The report of October 3, 1928, as to each state bank and trust company will appear in the Department’s annual report for the year 1928. In order that the annual report may be in the hands of the public in time to be of use as a book of reference this plan of publishing reports has been adopted. Statements of condition of each national bank in Michigan will be found on pages 369 to 428, inclusive. N U M B E R O F E X A M IN A T IO N S The examining staff of the Department during the year 1928 made examinations as follows: First examinations.......................... 618 Second examinations............................................................................... 440 Preliminary examinations...................................................................... 12 Special examinations............................... 9 Credit Unions................ 8 Examinations or investigations in re-organizations......................... 13 All state banks have been examined during the year, as well as each of the trust companies. • Preliminary examinations consist of examinations of new banks under Section 7 of the banking law, which is incumbent upon the Department to make precedent to the issuance of certificates of authority to commence business. All state banks with the exception of those organized during the year have made four reports of condition, two reports of earnings and dividends, and special reports whenever the Department has deemed it necessary to require the same. Directors examinations, oaths of directors, signatures of officers, and list of stockholders, together with a report as to the number of depositors are furnished each year by each state bank. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis R E PO R T OF TH E COM MISSIONER xi N E W BAN KS. During the year 1928 the following Michigan State banks and trust companies have been authorized to commence business. N o. L oca tion . N am e. 750 751 752 753 754 755 756 757 M a ck in a c Island State B a n k .............................. Lake C o u n ty State B a n k ..................................... C om m en ced business. C apital. M a ck in a c I s la n d . . . . B a ld w in ......................... $125 ,000 100 ,0 0 0 11 ,0 0 0 ,0 0 0 25 ,000 3 0 .0 0 0 2 0 .0 0 0 25 ,000 20 ,000 100 ,000 1 0 0 ,0 0 0 52 ,000 20 ,000 2 0 ,0 0 0 00 00 00 00 00 00 00 00 00 00 00 00 00 Jan. Jan. F eb . M a r. A p ril A p ril M ay June S ept. O ct. O ct. O ct. N ov. 9, 16, 15, 1, 30, 2, 14, 30, 10, 1, 25, 25, 13, 1928 1928 1928 1928 1928 1928 1928 1928 1928 1928 1928 1928 1928 IN C R E A S E IN C A P IT A L ST O C K . For the purpose of increasing their capital stock the following banks have amended their articles of incorporation in accordance with Section 10 and 10-a of the general banking law: N am e. L o ca tio n . State B ank o f S a n d u sk y ....................... O rion S tate B a n k..................................... F irst S tate B a n k ...................................... N ew m an & Snells S tate B a n k ............ Farm ers and M erch an ts State Bank A lp en a T ru st & Savings B a n k ........... W a y n e C o u n ty & H om e B a n k........... O livet S tate B a n k ................................... F irst S tate and Savings B a n k ............ P eoples State B a n k ................................ U n ited States Savings B a n k ............... D e tr o it T ru st C o m p a n y ..................... . B a y C ity B a n k......................................... S ecurity T ru st C o m p a n y ..................... G ra n d R a pid s T ru st C o m p a n y .......... E q u itab le T ru st C o m p a n y .................. M ich iga n Industrial B a n k ................... Burr O ak State B a n k ............................ Stephens State B a n k .............................. P eoples S tate B ank fo r Savings......... S tate B ank of P ort H o p e ..................... Bank o f S a g in a w ...................................... S an du sk y....................... O r io n ............................... R o y a l O a k ..................... N iles................................ S e b e w a in g ..................... A lp e n a ............................ H igh lan d P a r k ............ O liv e t .............................. F lu sh in g........................ P o n tia c .......................... P o rt H u r o n .................. D e tr o it ........................... B a y C i t y ....................... D e tr o it........................... G rand R a p id s ............. D e tr o it........................... D e tr o it....................... .... Burr O a k ....................... H a lfw a y ......................... M u s k e g o n ..................... P o rt H o p e ..................... Saginaw .......................... F orm er C apital. $ 2 0 ,0 0 0 30 ,000 200 ,000 75 ,000 25 ,000 100 ,000 1 0 0 ,0 0 0 2 0 ,0 0 0 27 ,500 Present C apital. 00 00 00 00 00 00 00 00 00 lo m o o o oo 1 5 0 .0 0 0 2 ,000 ,000 350 ,000 1 ,000 ,000 6 0 0 .0 0 0 3 0 0 .0 0 0 200 ,000 15 ,000 30 ,000 1 0 0 .0 0 0 22 ,000 1 ,000 ,000 00 00 00 00 00 00 00 00 00 00 00 00 $40 ,000 6 0 ,0 0 0 2 5 0 .0 0 0 1 0 0 .0 0 0 5 0 .0 0 0 2 0 0 ,0 0 0 200 ,000 25 ,000 55 ,000 250 ,000 2 0 0 ,0 0 0 3 ,000 ,000 4 0 0 .0 0 0 3 0 0 .0 0 0 7 5 0 .0 0 0 500 ,000 500 ,000 2 0 .0 0 0 60 ,000 200 ,000 25 ,000 1 ,250 ,000 Increase. 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $ 2 0 ,0 0 0 3 0 .0 0 0 50 ,000 25 ,000 25 ,000 100 ,000 100 ,000 5 ,000 27 ,500 1 5 0 .0 0 0 5 0 .0 0 0 1 ,000 ,000 50 ,000 700 ,000 150 ,000 2 0 0 .0 0 0 3 0 0 .0 0 0 5 ,000 3 0 .0 0 0 1 0 0 .0 0 0 3 ,000 2 5 0 ,0 0 0 00 00 00 00 00 00 00 00 00 00 00 00 00 00* 00 00 00 00 00 00 00 00 *D ecrease. C O N S O L ID A T IO N S . On January 10, 1928, The Central Savings Bank of Detroit consolidated with The First National Bank of Detroit. On January 19, 1928, The Sebewaing State Bank consolidated with The Farmers and Merchants State Bank of Sebewaing. On February 15, 1928, The Peoples State Bank of Detroit, and The Wayne County and Home Savings Bank of Detroit, consolidated under the title Peoples Wayne County Bank, Detroit. On March 1, 1928, The Michigan State Bank of Eaton Rapids purchased the assets and assumed the deposit liabilities of The Farmers State Bank of Onondaga. On March 1, 1928, the stockholders of The Atlanta State Bank, pursuant to the pro visions of the statute placed the said bank in liquidation. On April 28, 1928, The Wayne County and Home Bank of Highland Park, purchased the assets and assumed the liabilities of the Peoples State Bank of Highland Park. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis xii STATE BANKING D EPARTM EN T On June 29, 1928, the Union City State Bank, Union City, purchased the capital stock of the Burlington State Bank, Burlington, for the purpose of retiring same, acquired the assets and assumed the recorded deposit liabilities of said bank. On September 20, 1928, the Commercial Savings Bank of Caro consolidated with the State Savings Bank of Caro. On October 30, 1928, the State Savings Bank of St. Clair consolidated with the Commer cial and Savings Bank of St. Clair. On November 27, 1928, the State Savings Bank of Laurium was purchased by the Mer chants and Miners Bank of Calumet. On December 31, 1928, the First State Savings Bank of Croswell consolidated with the State Bank of Croswell. On December 31, 1928, the Decker State Bank was purchased by the Cass City State Bank, Cass City. E X T E N S IO N O F C O R P O R A T E E X IS T E N C E . In accordance with the provisions of Act 143 of the Public Acts of 1899, the stockholders voted to extend the corporate existence of the following banks for the period specified: Capac State Savings Bank, Capac...............................for 30 years from June 5, 1928. State Savings Bank, Scottville......................................for 30 years from June 29, 1928. 1, 1928. Macomb County Savings Bank, Richmond...............for 30 years from July Sparta State Bank, Sparta.............................................for 30 years from August 26, 1928. Commercial State Savings Bank, Fenton................... for 30 years from September 15, 1928. Pontiac Commercial & Savings Bank, P on tia c.........for 30 years from October 10, 1928. C H A N G E O F T IT L E . The following banks have amended their articles of incorporation for the purpose of changing their corporate title. Newman and Snell’s Bank to State Bank of Niles. The Birmingham Savings Bank to Birmingham Savings Bank. Alpena County Savings Bank, Alpena, to Alpena Trust and Savings Bank. Wayne County and Home Bank, Hamtramck, to Peoples Wayne County Bank. Wayne County and Home Bank, Highland Park, to Peoples Wayne County Bank. Detroit Trust Company, Detroit, to Detroit and Security Trust Company. TRU ST POWERS The following state banks have been granted trust powers as indicated, in accordance with the provisions of subdivision 10 of Section 4 of the general banking law. United States Savings Bank.................... Citizens State Bank................................... Merchants Savings Bank.......................... The Commercial Bank of M enom inee... Pigeon State Bank..................................... Hudson State Savings Bank.................... The State Savings Bank........................... East Lansing State Bank......................... Grand Haven State Bank......................... First State Bank........................................ Jackson State Savings Bank.................... State Bank of Port H ope......................... The American State Savings Bank........ State Savings Bank................................... The State Savings Bank o f...................... Eaton County Savings Bank................... Isabella County State Bank.................... The Manistique Bank............................... Lapeer Savings Bank................................. Bank of Saginaw........................................ Traverse City State Bank................ State Bank of Frank W. Hubbard & Co. Springport State Savings Bank............... Dansard State Bank.................................. Oxford Savings Bank. ’. ............................. Old State Bank........................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Port Huron............................................ Limited Big Rapids............................................. Limited Battle Creek................................ Limited Menominee............................................ Limited Pigeon................ Limited Hudson................................................... Limited Manistique.............................................Limited East Lansing..........................................Limited Grand Haven.........................................Limited Holland...................................................Limited Jackson...........................■....................... Limited Port H ope.............................................. Limited Lansing......................... *........................ Full Ion ia .........................................................Limited Escanaba................................................ Limited Charlotte................................................ Limited M t. Pleasant.......................................... Limited Manistique............................................. Limited Lapeer.....................................................Limited Saginaw...................................................Full Traverse C ity........................................ Limited Bad A x e..................................................Limited Springport.............................................. Limited M onroe................................................... Limited O xford..................................................... Limited F remont.................................................. Limited R E PO R T OF THE COMMISSIONER Emmet County State Bank............................ Harbor Springs Monroe County Bank...................................... Dundee.............. People’s Savings Bank......................................Saginaw............. Greenville State Bank...................................... Greenville.......... Utica State Savings Bank................................Utica................... Fruit Growers State Bank...............................Saugatuck.......... Clarkston State Bank.......................................Clarkston........... H. C. McLacklin & Co. State Bank........... Petersburg......... Big Rapids Savings Bank................................. Big Rapids. . . . John W. Free State Bank.................................Paw Paw........... First State Bank................................................South H aven... Holland City State Bank.................................Holland.............. Peoples State Bank of Redford...................... D etroit............... Benton Harbor State Bank............................. Benton Harbor. Niles City Bank................................................. Niles................... Monroe State Savings Bank............................M onroe.............. First State Bank o f ........................................... Royal Oak......... Fenton State Savings Bank............................. Fenton............... American Security Bank o f ..............................Iron Mountain. Kalamazoo Trust & Savings Bank.................Kalamazoo. . . . Citizens Commercial & Savings Bank........... Flint................... Merchants Trust & Savings Bank.................. Battle C reek.. . Federal Commercial & Savings Bank............ Port Huron. . . . G. W . Jones Exchange Bank.......................... Marcellus........... State Savings Bank o f ...................................... Ann Arbor......... Jackson City Bank & Trust C o...................... Jackson . . . . . . . Plymouth United Savings Bank.....................Plymouth........... Zeeland State Bank.......................................... Zeeland.............. Cadillac State Bank.......................................... Cadillac.............. Berrien County Bank....................................... Benton Harbor. State Savings Bank of Vassar.........................Vassar................ State Savings B ank...........................................Rem us................ Pinney State Bank............................................ Cass C ity........... Blanchard State Bank...................................... Blanchard.......... American State Bank........................................Ferndale............. Jipson Carter State Bank................................ Blissfield............. Merchants & Miners Bank............................... Calumet............ American State Bank......................................... Dearborn.......... Dearborn State Bank......................................... Dearborn........... American State Bank......................................... Frankenmuth. . xiii Limited Limited Limited Limited Limited Limited Limited Limited Limited Limited Limited Limited Limited Limited Limited Limited Limited Limited Limited Full Full Full FuU Limited Limited FuU Limited Limited Limited Limited Limited Limited Limited Limited Limited Limited Limited Limited Limited Limited R E S E R V E C I T IE S . As required by Sections 24 and 27 of the General Banking Law, I hereby designate for the year 1929 the following cities as reserve cities for Michigan state banks and trust com panies: Adrain, Alpena, Ann Arbor, Battle Creek, Bay City, Benton Harbor, Cadillac, Detroit, Flint, Grand Rapids, Jackson, Kalamazoo, Lansing, Marquette, Muskegon, Pontiac, Port Huron, Saginaw, St. Joseph, Sault Ste. Marie, Traverse City, Baltimore, Boston, Buffalo, Chicago, Cincinnati, Cleveland, Milwaukee, Minneapolis, New York, Philadelphia, Pittsburg, St. Louis, St. Paul and Toledo. G R O W T H OF S T A T E BAN KS. December 31, 1928, marks the fortieth anniversary of the founding of the present system of state bank supervision in Michigan. The following table shows the enormous increase in the aggregate footings of the state banks from the close of the first year’s existence of this Department to the present time: https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis xiv STATE BANKING D EPARTM EN T Resources. 80 Banks Jan. 7, 1889. $30,815,697 13 Banking house, furniture and fixtures and other real estate Cash on hand, in banks, and 187 Banks 3 Trust Co’s. Dec. 2, 1899. 376 Banks 5 Trust Co’s. Nov. 16, 1809. 516 Banks 10 Trust Co’s. Nov. 17, 1919. 594 Banks 22 Trust Co’s. Oct. 3, 1928. $94,028 ,266 69 $217,815,159 63 $751,097,858 30 $1,461,577,197 40 534,411 76 4,107,791 70 6,953,857 74 18,242,970 51 59,441,302 23 7,550,661 99 22 ,440,808 74 48,949,198 86 173 ,558,280 39 268,830,628 34 $38,900,770 88 $120,576,867 13 $273 ,718,216 23 $942,899,109 20 $1,789,849,127 97 Liabilities. Surplus and undivided profits. Bills payable and rediscounts. $5,519,425 1,818,835 31,284,124 278,385 00 53 39 96 $12,262,100 5,090,321 103,129,272 95,173 00 66 17 30 $22,161,133 16,743,116 234,422,777 391,189 00 30 92 01 $46,008,370 45,074,010 810,595,428 24,726,410 16,494,889 00 93 36 50 40 $38,900,770 88 $120,576,867 13 $273,718,216 23 $942,899,109 20 $91,954,445 106,124,658 1,486,584,618 36,837,958 68,347,447 00 17 16 71 93 $1,789,849,127 97 In the period 1889-1899, the following approximate increases are shown: Deposits $71,845,147.78; loans, $63,212,569.56; capital, $6,742,675.00; surplus and undivided profits, $3,271,486.13. 1899-1909 shows the following increases: Deposits $131,293,505.75; loans, $123,786,892.94; capital $9,899,033.00; surplus and undivided profits, $11,652,794.64. 1909-1919 shows the following increases: Deposits, $576,172,650.44; loans, $533,282,698.67; capital $23,847,237.00; surplus and undivided profits, $28,330,894.63. 1919-1928 shows the following increases: Deposits, $675,989,189.80; loans $710,479,339.10; capital $45,946,075.00; surplus and undivided profits, $61 ;050,647.24. EARN IN GS AN D D IVID EN D S FOR THE Y E A R E N D IN G JUNE 30, 1928. Gross Earnings.......... ........................................................................................ Expenses, Interest and Taxes Paid................................................................ $95 ,821,680 98 75 ,707 ,236 66 Net Earnings...................................................................................................... Recoveries on Items previously charged o ff................................................. 20,114,444 32 1,098,875 84 Losses, Bad Debts, Premium charged off..................................................... $21,213,320 16 2 ,957 ,710 47 Balance of Earnings.......................................................................................... Dividends p a id .................................................................................................. 18,255,609 69 9,808,271 99 Total Average Capital for above period....................................................... Total Average Surplus for above period....................................................... $91,414,525 59 79,619,323 22- Total Average Capital and Surplus............................................................... $171,033 ,848 81 Total Average Deposits for above period..................................................... 1,404 ,625 ,163 49 Percentage of Net Earnings on average Capital and Surplus.................. Percentage of Dividends Paid on average Capital and Surplus.............. Percentage of Net Earnings on Average Deposits...................................... 11.76% 5.7 3% 1.43% N U M B E R O F D E P O S IT O R S . Reports as to the number of depositors were received from the 594 state banks, 22 trust companies and 133 National banks as of October 3, 1928. An abstract of these reports shows total depositors of 3,641,978, divided into the following classifications. State Banks, commercial depositors............................................................................ 762 ,075 State Banks, savings depositors.................................................................................... 2 ,149 ,194 National Banks, commercial depositors.................................................................... 196 ,329 National Banks, savings depositors............................................................................. 534 ,380 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis xv RE PO R T OF TH E COM MISSIONER The following table shows the number of commercial and savings depositors in the 594 State Banks, 22 trust companies and 133 National Banks, the aggregate deposits and per capita of deposits: Bank. Class of deposit. [C om m ercial.............. 594 State Banks and 22 T rust C om pa n ies. . jS a v in g s ...................... 133 N ational B a n k s ...............................................[D e m a n d ...................... [T im e ........................... N u m ber of depositors. 762 2 ,149 196 534 ,075 ,194 ,329 ,380 A m o u n t of deposit. $ 5 9 0 ,9 7 0 ,1 3 9 8 6 0 ,1 5 2 ,918 278 ,257 ,000 252 ,008 ,000 53 37 00 00 A v e ra g e t o each d ep ositor $775 400 1 ,417 471 47 22 29 58 R E C E IP T S A N D D IS B U R S E M E N T S O F T H E D E P A R T M E N T . In accordance with Section 40 of the General Banking Law, the Department has collected and turned over to the State Treasury the following fees and collections: .$174,102 08 ,102 08 First examination fees................................. . ...................... - .......................................$174 325. 35 Preliminary Examination fees. 516 41 Special fees................................ 324 75 Special Examination fees. . . . . 13,858 Small Loan License fees................................................................................................ 13 ,858 55 650 00 Fees in re-application for investigation. 375 00 Credit Union fees..................................... .$190,152 Total fees turned over to the State Treasurer for the year 1928.........................$190 ,152 Franchise and Filing fees turned over to the Secretary of State for the year 7 ,941 1928..................... ......................................................................................................... 7,941 14 14 .$198,093 Total Departmental receipts, 1928.................................................................... During the year 1928 the expenses of the Department were as follows: Salaries: R. E. Reichert, Commissioner; C. E. Kaye, Deputy Commissioner and Examiners....................................................................................................................$107,229 $107 ,229 15,319 Stenographers and Clerks............................................................................................ . 15 ,319 61,203 Expenses incurred in examination of banks............................................................. . 61 ,203 9,520 Supplies, Other Contractual Service.......................................................................... 9 ,520 Outlay for Equipment.................................................................................................. 2 ,361 39 25 55 57 84 44 20 .$195 ,634 60 Total expenses.................................................................................................................$195 .$198,093 39 Total receipts..................................................................................................................$198,093 Total expenses.................................................................................................................$195,634 $195 ,634 60 $2,458 79 The receipts exceeding expenses for the year 1928, for its present system of bank super vision, is therefore $2,458.79. M EM B ER BANKS OF FED ER AL RESERVE SYSTEM There are 155 state banks which are members of the Federal Reserve System, with aggregate resources of $1,177,699,543.82 upon December 31, 1928, which evidences 73.6 per cent of the total resources of state banks in Michigan upon that date. The Federal Reserve Act provides that state bank members shall retain their statutory state right after becoming a member of the Federal Reserve System, and the reserve require ments of member banks are governed— after they have become such members by the Federal Reserve Act, rather than the provisions of the state banking law. The Federal Reserve Act provides that the Federal Reserve Board may accept in lieu of their own examinations of member state banks, the examinations made by the respective state departments, having supervision over them. The examinations of this department have been accepted without question by the Federal Reserve Board. Adrain State Savings Bank.....................................................................................................Adrain Commercial Savings Bank...................................................................................................... Adrian Lenawee County Savings Bank............................................................................................. Adrian Albion State Bank.................................................................................................................... Albion Commercial & Savings Bank.................................................................................................. Albion https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis xvi STATE BANKING D EPAR TM E N T Alpena Trust and Savings Bank....................................... Alpena Farmers & Mechanics Bank........................................................................................... Ann Arbor State Savings Bank..........................................................................................................Ann Arbor Armada State Bank............................................................................................................... Armada Farmers State Bank...............................................................................................................Armada Bay City Bank....................................................................................................................Bay City Peoples Commercial & Savings Bank........................., ...................................................Bay City Farmers State Bank............... •............................................................................................Bellevue Benton Harbor State Bank.................................................................................... Benton Harbor Big Rapids Savings Bank...............................................................................................Big Rapids Citizens State Bank.........................................................................................................Big Rapids First State Savings Bank.............................................................................................. Birmingham Blanchard State Bank........................ Blanchard Blissfield State Bank............................................................................................................ Blissfield Peoples State Savings Bank.......................... Britton Brown City Savings Bank.............................................................................................Brown City State Bank of Caledonia....................................................................................................Caledonia State Savings Bank...................................................................................................................... Caro Farmers and Merchants State Bank.......................................................................... Carson City Cass City State Bank........................................................................................................ Cass City The Pinney State Bank.................................................................................................... Cass City Cass County State Bank........................................ Cassopolis Center Line State Savings Bank................................................................................. Center Line Eaton County Savings Bank.......................................... Charlotte Farmers & Merchants Bank................................................................................................. Chelsea Kempf Commercial & Savings Bank...................................................................................Chelsea State Bank of Coloma. . . .................................................................................. Coloma Peoples Savings Bank.....................................................................................................Coopersville First State Savings Bank..................................................................................................... Croswell State Bank of Croswell......................................................................................................... Croswell Davison State Bank...............................................................................................................Davison Dearborn State Bank.................................................................................................... Dearborn American State Bank..............................................................................................................Detroit Bank of Detroit.............................. Detroit Detroit Savings Bank..............................................................................................................Detroit Dime Savings Bank................................................................................................................. Detroit Griswold-First State Bank..................................................................................................... Detroit Guardian Detroit Bank.......................................................................................................... Detroit Peninsular State Bank............................................................................................................ Detroit Peoples Wayne County Bank................................................................................................Detroit Redford State Savings Bank................................................................................................. Detroit United Savings Bank.............................................................................................................. Detroit Michigan State Bank................................................................................................. Eaton Rapids Edmore State Bank................................................................................................................Edmore Elk Rapids State Bank.............................................................. .................................... Elk Rapids State Bank of Ewen.................................................................................................................... Ewen Farmington State Savings Bank...................................................................................Farmington Old State Bank..................................................................................................................... Fennville Commercial State Savings Bank...........................................................................................Fenton Fenton State Savings Bank................................................................................................... Fenton Citizens Commercial & Savings Bank..................................................................................... Flint Genesee County Savings Bank..................................................................................................Flint Industrial Savings Bank.............................................. Flint Union Trust & Savings Bank.................................................................................................... Flint Peoples State Bank.................................................................................................... Flushing Fordson State Bank.................. Fordson American State Bank.................................................................................................. Frankenmuth Frankenmuth State Bank........................................................................................... Frankenmuth Fremont State Bank............................................................................................................. Fremont Old State Bank...................................................................................................................... Fremont Gladstone State Savings Bank......................................................................................... Gladstone Grand Haven State Bank.........................................................................................Grand Haven Peoples Savings Bank............................................................................................... Grand Haven Grand Rapids Savings Bank....................................................................................Grand Rapids Home State Bank for Savings................................................................................. Grand Rapids Kent State Bank.........................................................................................................Grand Rapids https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis R E PO R T OF TH E COM MISSIONER Commercial State Savings Bank......... Gwinn State Savings Bank................ Oceana County Savings Bank............. American State Bank............................ Highland Park State Bank.................. Hillsdale Savings Bank........................ First State Bank.................................... Holland City State Bank..................... First State & Savings Bank................. Hopkins State Savings Bank.............. First State & Savings Bank................. Lapeer County Bank........................... Peoples State Bank.............................. State Savings Bank.............................. Commercial Bank.................................. Central State Bank.............................. Grosvenor Savings Bank..................... Kalamazoo Trust & Savings B ank... Lake Odessa State Savings Bank....... Commercial State Savings Bank........ Farmers & Merchants State Bank. . . American State Savings Bank........... Lapeer Savings Bank............................ City State Bank....................... ............ Ludington State Bank.......................... Peoples Bank................ .......................... Union Savings Bank............................. Manistee County Savings Bank........ G. W. Jones Exchange Bank........... Commercial Savings Bank.................. Farmers Bank....................................... First State & Savings Bank............... Commercial Bank.................................. Chemical State Savings Bank............ Milan State Savings Bank................... Farmers State Savings Bank.............. First State Bank.................................... Dansard State Bank...................... .. Farmers State Bank............................. Citizens Savings Bank.......................... Ullrich Savings Bank............................ Exchange Savings Bank....................... Isabella County State Bank............... Farmers & Merchants Bank................ State Savings Bank............................... Citizens State Savings Bank............... New Haven Savings Bank.................. Niles City Bank..................................... Lapham State Savings Bank............. Onsted State Bank................................ First State Bank.............. .................... Pigeon State Bank............................... Pinconning State Bank................. Pontiac Commercial & Savings Bank Federal Commercial & Savings Bank Macomb County Savings Bank........ Rochester Savings Bank...................... Presque Isle County Savings Bank. . Romeo Savings Bank.......................... First State Bank.................................... Royal Oak Savings Bank..................... American State Bank........................... Bank of Saginaw.................................. St. Charles State Bank....................... Commercial & Savings Bank............ Fruit Growers State Bank................. Central Savings Bank........................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis xvii ...........Greenville ................. Gwinn ................... Hart .Highland Park .Highland Park ............. Hillsdale ............. Holland ............. Holland ................... Holly ............. Hopkins ............... Howell ........ Imlay City ........ Imlay City ................... Ionia .Iron Mountain .............. Jackson .......... Jonesville ........ Kalamazoo . . . Lake Odessa .......... Lakeview .......... Lakeview ............... Lansing ............... Lapeer ................. Lowell ........ Ludington . . . . Manchester . . . . Manchester ............ Manistee .......... Marcellus ............. Marshall ................. Mason ................. Mason ........Menominee ............. Midland ................. Milan ............... Milford ............... Milford ............... Monroe .......... Montague . . . Mt. Clemens . . . Mt. Clemens . . . Mt. Pleasant . . . Mt. Pleasant .......... Nashville .............Nashville .New Baltimore . . . . New Haven ................... Niles .......... Northville ................. Onsted ............. Petoskey ................. Pigeon ........ Pinconning ............... Pontiac ........ Port Huron .......... Richmond .......... Rochester . . . . Rogers City ................. Romeo ........ Royal Oak ........ Royal Oak ............... Saginaw ............... Saginaw ........ St. Charles ............ St. Clair .......... Saugatuck Sault Ste. Marie xviii STATE BANKING D EPARTM EN T Sault Savings Bank................................................................................................Sault Ste. Marie Farmers & Merchants State Bank...................., ................ .......................................... Sebewaing Citizens State Bank................... ................................................................................. South Haven South Range State Bank.............................................................................................South Range Sparta State Bank......................................... Sparta Spring Lake State Bank............................................................................................... Spring Lake Lilley State Bank. . ....................... Tecumseh Tecumseh State Savings Bank......................................................................................... Tecumseh Traverse City State Bank......................................................................................... Traverse City Utica State Savings Bank.............. Utica Farmers State Bank.......................... Vicksburg First State Bank................................................................................................................. Vicksburg State Savings Bank................................................................................................................. Warren Washington Savings Bank.............................................................................................Washington Wayne Savings Bank...............................................................................................................Wayne Crossman & Williams State Bank............................................................................... Williamston Williamston State Bank.................. Williamston R E PO R T OF R E CEIV ER F IR S T S T A T E B A N K , C A R S O N V IL L E , M IC H IG A N . L. O. Wentworth, Receiver, under date of December 31, 1928, reports as follows: Total assets at date of suspension........................ ................................................... $286 ,259 30 Additional assets coming into possession of receiver since suspension............. 3 ’ 713 64 Premium, interest, rent, etc., since suspension..................................................... 13 ,287 83 T otal...................................................................................................................... $303,260 77 D IS P O S IT IO N O F A S SE T S. Amount collected by receiver to date..................................................................... $121 ,755 Offsets allowed or settled........................................................................................... 17T17 3 ’,546 Losses on assets compounded or sold by order of court...................................... Assets on hand at date of this report...................................................................... 160 ,840 T ota l...................................................................................................................... 48 86 89 54 $303,260 77 C O L L E C T IO N S . Amount collected by receiver.................................................................................... $121 ,755 48 From assessment on stockholders............................................................................ 6 ’ 800 00 Total collections.................................................................................................. $128,555 48 D IS P O S I T I O N O F C O L L E C T I O N S . Loans paid and other disbursements....................................................................... Dividends paid. . ....................................................................................................... Legal Expenses p a i d . ..................................... ..................................................... Receivers salary paid to date.................................................................................... All other expenses........................................................................................................ Balance in hands of State'Treasurer........................................................................ Balance in hands of receiver...................................................................................... $40 ,915 36 72 ’ l84 33 1,169 95 5 ’450 00 8 ’024 72 ’359 20 451,92 Disbursements and balances............................................................................. $128 ,555 48 RE PO R T OF R E CEIV ER S T A T E B A N K O F D E C K E R V IL L E , M IC H IG A N . J. N. Forshar, Receiver, under date of December 31, 1928, reports as follows: Total assets at date of suspension.......... ................................................................. $842 ,533 97 1,212 23 Sales and recoveries........................................... ......................................................... Premium, interest, etc................................................................................................ 15 ’986 13 Total assets at this date..................................................................................... $859 ,732 33 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis x ix R E P O R T OF TH E COM MISSIONER D IS P O S I T I O N O F A S S E T S . $196 ,415 ■ 27 ,553 33 ,374 144 ,004 458 ,384 Total amount collected by receiver............................................... Offsets allowed or settled................................................................ Losses on assets compounded or sold by order of court............ Assets on hand at date of this report........................................... Bills receivable, bonds and mortgages.......................................... 64 20 90 07 52 $859 ,732 33 T ota l........................................................................................... C O L L E C T IO N S . Amount collected by receiver......................................................... Cash on hand at date of suspension............................................. $196 ,415 64 11 ,270 08 Total collections............................................. .......................... $207 ,685 72 D IS P O S I T I O N O F C O L L E C T I O N S . Loans paid and other disbursements............................................ Legal fees paid.................................................................................. Receiver’s salary............................................................. ................. All other expenses............................................................................. Balance in hands of State Treasurer............................................ Balance in hands of receiver........................................................... . $133,990 1 ,389 4 ,500 11,952 53 ,031 2,822 Disbursements and balances................................................. 21 78 00 40 13 20 $207,685 72 RE PO R T OF RE CEIV ER E V A R T S T A T E S A V IN G S B A N K , E V A R T , M IC H IG A N . L. G. Hammond, receiver, under date of December 31, 1928, reports as follows: 85 Total assets at date of suspension............................................................................ $622 ,797 85 Additional assets coming into possession of receiver since suspension. Out standing drafts........................................... ; ........................................................... Premium, interest, rent, etc., since suspension............................................... .. 2,208 2 ,208 ,917 63 oô 27 27 71 /i $688 ,923 83 Total assets at this date......................... ........................................................... $688,923 D IS P O S IT IO N O F A S S E T S Offsets allowed or settled................................................................................... Amount collected by receiver to date......................................................................, Losses on assets compounded or sold by order of court..................................... Assets on hand at date of this report...................................................................... T ota l.............................................................................................................. $16,537 393,292 393 ,292 77,772 77 ,772 201,321 201 ,321 65 18 31 69 $688 ,923 83 C O L L E C T IO N S $387,771 Amount collected by receiver..................................................................................... $387 ,771 16 From assessment on stockholders.............................................................................. 39,142 71 3,430 92 Cash on hand at date of suspension.............................................................. Total collections.................................................................................................. . $430,344 79 D IS P O S IT IO N O F C O L L E C T IO N S . Loans paid and other disbursements....................................................................... . Dividends paid.............................................................................................................. Legal expense paid....................................................................................................... Receiver’s salary paid to date................................................................................... All other expenses........................................................................................................ Balance in hands of State Treasurer......................................................................... Balance in hands of receiver........................................................................... Disbursements and balances https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 136,096 136 ,096 207,773 9 ,398 9 ,398 18 ,000 ,000 18 28,100 24,231 24 ,231 6,744 72 72 16 87 87 00 00 70 70 00 00 34 $430,344 79 XX STATE BANKING D EPARTM EN T RE PORT OF RE CEIV ER J E D D O S T A T E B A N K , JE D D O , M IC H IG A N . George C. Watson, Receiver, under date of December 31, 1928, reports as follows: Assets at date of suspension.................... ................................................................. $42 070 66 Additional assets coming into possession of receiver............................................ 10 ’ 119 70 Premium, interest, rent, etc.....................................................................................’ \ ’942 47 Total assets at this date.................................................................................... $54,132 83 D IS P O S IT IO N O F A S S E T S Offsets allowed or settled........................................................................................... Amount collected by receiver to date............................................................... ’ Assets on hand at date of this report...................................................................... T otal...................................................... $3,861 49 31 ’501 73 18 ,769 61 $54,132 83 C O L L E C T IO N S . Amount collected by receiver......................................................................... From assessment on stockholders.............................................................. Total collections................................................... $31 501 73 8 ,571 25 $40,072 98 D IS P O S I T I O N O F C O L L E C T IO N S . Dividends paid. .................................................................................................... Regal expenses paid................ Receiver’s salary paid to date......................................... 3 ODD on All other expenses............................................................................................... ’ ’ ’ Balance in hands of State Treasurer....................................................................... Balance in hands of Receiver................................................................................... $25 ,313 66 43 99 Disbursements and balances............................................................................. $40 ,072 98 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1 ^493 43 6 ’499 20 3 ’ 722 79 xxi R E PO R T OF TH E COMMISSIONER A B S T R A C T O F R E C E IV E R S H IP S . The following table is a condensed abstract of the nineteen closed and four active receiverships since the organization of this Department in 1889. 19 C losed Receiverships. 4 A c tiv e R eceiverships. T o ta l. $ 1 0 ,5 4 4 ,8 1 0 13 $1 ,8 10,915 62 9 5 ,1 3 4 14 $12 ,355 ,725 75 9 5 ,1 3 4 14 $ 1 0 ,5 4 4 ,8 1 0 13 $1 ,906 ,049 76 $12 ,4 5 0 ,8 5 9 89 $ 2 9 4 ,0 4 9 63 $65 ,070 20 $ 3 5 9 ,1 1 9 83 9 8 9 ,8 7 2 20 3 ,545 ,725 94 5 ,715 ,162 36 1 1 4 ,6 9 4 10 983 ,320 43 7 42 ,965 03 1 ,1 0 4 ,5 6 6 30 4 ,529 ,046 37 6 ,4 5 8 ,1 2 7 39 $ 1 0 ,5 4 4 ,8 1 0 13 $1 ,906 ,049 76 $12 ,4 5 0 ,8 5 9 89 $5 ,715 ,162 36 322 ,191 45 $752 ,145 01 5 4 ,5 1 3 96 $ 6 ,4 6 7 ,3 0 7 37 3 7 6 ,7 0 5 41 $6 ,037 ,353 81 $ 8 0 6 ,6 5 8 97 $6 ,844 ,012 78 $311 ,002 305 ,271 8 0 ,5 2 1 12 ,002 8 4 ,1 2 0 13,741 $1 ,148 ,895 4 ,859 ,406 419 ,249 318 ,599 8 4 ,1 2 0 13 ,741 D isp osition o f assets: Losses on assets com p o u n d e d or sold under order D isposition of co lle ctio n s: https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $837 ,893 4 ,5 5 4 ,1 3 5 338 ,728 306 ,596 50 24 57 50 29 15 25 50 53 25 79 39 82 00 53 25 $ 6 ,0 3 7 ,353 81 $80 6 ,6 5 8 97 $ 6 ,8 4 4 ,0 1 2 78 $1 ,081 ,000 00 6 ,8 3 0 ,8 6 6 10 $135 ,700 00 1 ,361 ,590 13 $1 ,2 1 6 ,7 0 0 00 8 ,192 ,456 23 xxii STATE BANKING D EPARTM EN T SEVENTH FED ER AL RESERVE D IST R IC T OF M ICH IG AN Abstract of the 560 Banks in the Seventh Federal Reserve District of Michigan on October 3, 1928. Resources. Loans and Discounts: Commercial.................................................... ............................................................................................................. Savings. ................................................................................................. Real instate Mortgages: Commercial.......................................................................... ................................................. ..................................... Savings ........................................................................................................................................................................ -bonds and securities: Commercial................................................................................................................ ................................................. Sayings.......................................................................................................................................................................... Due irom federal Reserve Bank: Commercial.................................................................................................................................................................. Sayings .......................... Due from Banks in Reserve Cities: Commercial........................................................ tt SF i ? gs • • • ■ ■ • • • .................................................................................................................................................. u. b. Bonds and Cert, of Indebtedness as legal reserve: Savings ............................................................................................................................................................. Exchanges for Clearing House: Commercial........................................................................ ......................................................................................... Savings.......................................................................................................................................................................... Total Cash on Hand: Commercial.................................................................................................................................................................. Savings.................... Overdrafts........................................................................................................................................................................ Premium Account........................................................................................................................................................... Banking House................................................................................................................................................................ Furniture and Fixtures................................................................................................................................................... Other Real Estate........................................................................................................................................................... Due from other Banks and Bankers........................... ................................................................................................. Customers’ Bonds left for sakekeeping.......................................................................... ........................... ................. Outside Checks and other cash items.......................................................................................................................... Stock of Federal Reserve Bank..................................................................................................................................... Accrued Interest, receivable (net).............................................................................................................................. Customers’ Acceptances and Letters of Credit.......................................................................................................... Other Assets..................................................................................................................................................................... Trust Dept. Resources, viz: Cash....................................... Due from banks in reserve cities................................................................................. ................................. ............... $367,166,147 00 157,588,329 08 9,919,189 81 390,062,172 84. 156,336,510 41 170,629,089 26 37,673,793 76 17,636,254 15 39,105,151 31 26,802,037 00 15 ,422,756 91 19 ,065,358 36 1,513,438 98 15,498,041 9,599,618 471,052 278,501 37 ,864,873 8,173,050 5,684,583 4,451,814 20,208,314 6,610,520 3 ,131 ,550 1,440,388 3,466,287 1 ,gio ,637 52 71 61 03 37 01 33 23 70 79 00 78 04 71 32,427 89 178,659 03 Total......................................................................................................................................................................... $1,527,920,549 62 Liabilities Capital Stock paid in ...................................................................................................................................................... Surplus Fund................................................................................................................................................................... Undivided Profits, net.................................................................................................................................................... Dividends unpaid........................................................................ Reserved for taxes, interest, etc.................................................................................................................................... Commercial Deposits Subject to check.............. ....................................... ............................. ................................... Demand Certificates of Deposit.................................... .............................................................................................. Certified Checks.............................................................................................................................................................. Cashier’s Checks............................................................................................................................................................. Due to other Banks and Bankers................................................................................................................................. State Moneys on Deposit.............................................................................................................................................. Postal Savings Deposits................ : ..................•........................................................................................................... U. S. Government Deposits........................................................................................................................................... Time Commercial Certificates of Deposit................................................................................................................... Book Accounts— Subject to savings by-laws.............................................................................................................. Certificates of Deposit— Subject to Savings by-laws................................................................................................. Club Savings Deposits (Xmas, Thrift, etc.)............................................................................................................... Notes and Bills Rediscounted....................................................................................................................................... Bills Payable.................................................................................................................................................................... Bonds sold subject to repurchase.......................... ....................................................................................................... Customers’ Bonds left for safekeeping......................................................................................................................... Customers’ Acceptances and Letters of Credit........................................................................................................... Accrued Interest and Expense payable (net).............................................................................................................. Other Liabilities............................................................................................................................................................... Trust Department: Trust Deposits— Totals................................................................................................................. ............................... $ 75 ,564,445 64,090,469 18,959,428 258,080 4,870,495 407,426,562 32,849,867 2,213,767 8,355,316 30,554,403 5,605,516 596,189 1,907,440 14,188,266 686,637,425 105,772,378 8,764,166 2,106,232 29,489,647 1,526,065 20,208,314 3,347,564 1,183 ,533 1,233,887 00 14 13 09 14 55 45 07 44 58 73 76 00 94 19 27 02 06 68 22 70 75 59 20 211,086 92 Total.................................................. ..................... ................................................................................................. $1,527,920,549 62 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis xxiii R E PO R T OF TH E COMMISSIONER SEVENTH FED ER AL RESERVE D IS T R IC T OF M ICH IG AN Abstract of the 20 Trust Companies in the Seventh Federal Reserve District of Michigan on October 3, 1928. Resources. 119,437,303 13 ,720,738 69,695,704 2,299 ,640 268,389 36,906,041 947,666 3 ,978,427 793,972 3 ,024 ,053 32,666.227 6,069,679 2,526 87,938 811,522 5,238,537 15,408,271 1,461,701 177,418 218,606 1,556,320 1,203 ,530 1,269,349 882,870 2,254 ,028 7,082,188 Collateral loans, Tim e............................................................. Collateral Loans. Demand...................................................... Loans on Real Estate Mortgages. In Office........................ Loans on Real Estate Mortgages. With State Treasurer. Other Loans............................................................................. Bonds. In Office.................................................................... Bonds. With State Treasurer.............................................. Stocks........................................ ............................................... Real Estate Owned.................................................................. Other Investments................................................................... Real Estate Mortgages to secure Debentures..................... Advances to Trusts................................................................. Premiums Paid......................................................................... Safe Deposit Vaults................................................................. Furniture and Fixtures........................................................... Banking House......................................................................... Due from Approved Reserve Agents.................................... Due from Other Banks and Bankers.................................... Outside Checks and Cash Items............................................ Cash............. ............... ............................................................. Items in transit........................................................................ Certificates of Deposit............................................................ Accrued Interest and Prepaid Expense................................ Expenses exceeding earnings.............................. ................... Securities for Safekeeping....................................................... Other Assets............................................................................. 69 93 18 56 56 87 14 29 20 42 60 79 88 47 37 60 16 04 26 46 66 30 63 12 00 78 $227,462,654 96 Total Liabilities. Capital Stock paid in .................................................................................. Surplus Fund.................................. . ................................. ......................... Undivided Profits (Less expenses, interest and taxes paid).............. Deferred Profits........................................................................................... Reserve for taxes, etc.................................................................................. Due to Banks and Bankers....................................................................... Dividends Unpaid........................................... ................................... ....... Corporate Agency Deposits....................................................................... Trust Deposits........................................................................ ..................... Escrow Deposits.......................................................................................... Debentures................................................................................................... First Mortgage Bonds Payable............................................................... Certificates of Deposit-............................................................ ................... Real Estate Bond Sales.............................................................................. Bills Payable................................................................................................ Securities for Safekeeping........................................................................... Securities Sold Subject to Repurchase Agreement................................. Accrued Interest.......................................................................................... Other Liabilities........................................................................................... Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $14,400,000 14,957,000 5,995,031 106,811 1,597,094 1,956 12,530 9,028,195 64 ,720,962 17,959 27,255,354 7,954,319 43,112,527 24,004,153 3 ,530,400 2,254,028 67,000 1,152,444 7,294,885 0° 00 19 44 93 97 20 80 42 63 34 01 53 58 00 00 00 07 85 $227,462,654 96 xxiv STATE BANKING D EPARTM EN T N IN TH FED ER AL RESERVE D IST R IC T OF M ICH IG AN Abstract of the 34 Banks in the Ninth Federal Reserve District of Michigan on October 3, 1928. Resources. Loans and Discounts: Commercial........................................................................................................................................................................ $7,678,669 70 Savings.............................................................................................................. 3,308,023 04 Real Estate Mortgages: Commercial......................................................................................................................................................................... 151,611 87 Savings................................................................................................... 3,986,307 00 Bonds and Securities: Commercial........................................................................................................................................................................ 4,496,607 69 Savings............................................................................................................................................................................... 6,956,031 83 Due from Federal Reserve Bank: Commercial...................................................................................................................... ................................................. 318,586 41 Savings............................................................................................................................................................................... 238.523 37 Due from Banks in Reserve Cities: Commercial................................................................................................................................... 2,660,479 29 Savings..................................................................................................................................................... 813,947 52 U. S. Bonds and Cert, of Indebtedness as legal reserve: Savings. . . ..... 733,987 64 Exchanges for Clearing House: Commercial........................................................................................................................................................................ 96,770 42 S a v in g s ............................................................................................................................................................................ 11,104 68 Total Cash on Hand: Commercial........................................................................................................................................................................ 529,959 68 Savings............................................................................................................................................................................... 320,466 74 Overdrafts.............................................................................................................................................................................. 13,488 96 Premium Account................................................................................................................................................................. 3,432 42 538’,320 19 Banking House................................................................................................................................................................... ’ Furniture and Fixtures......................................................................................................................................................... 118,078 75 Other Real Estate........ ........................................................................................................................................................ 214 ’381 65 Due from other Banks and Bankers.................................................................................................................................. 256,067 28 Customers’ Bonds left for safekeeping............................................................................................................................... 542,014 00 Outside Checks and other cash items................................................................................................................................ 43 ,417 85 Stock of Federal Reserve Bank.......................................................................................................................................... 32,700 00 Accrued Interest, Receivable (net).................................................................................................................................... 2 ¡377 35 Other Assets................................................................................................................................................................ 790 45 Total................................................................................................................................................................................. $34,066,145 78 Liabilities. Capital Stock Paid in........................................................................................................................................................... $1,840,000 00 Surplus Fund......................................................................................................................................................................... 1 ,242,500 00 Undivided Profits, net.......................................................................................................................................................... 796,831 34 Dividends Unpaid................................................................................................................................................................. 13 ¡076 74 Reserve for taxes, interest, etc............................................................................................................................................ 195,479 36 Commercial Deposits Subject to Check............................................................................................................................ 11,987 ¡660 86 Demand Certificates of Deposit......................................................................................................................................... 368 ¡424 95 Certified Checks.................................................................................................................................................................... 17 ¡803 75 Cashier’s Checks................................................................................................................................................................... 163 ¡420 56 Due to other Banks and Bankers........................................................................................................................................ 122 ¡507 98 State Moneys on Deposit..................................................................................................................................................... 105 ¡745 65 Postal Savings Deposits.................................................................................................... ................................................. 9 ¡727 88 U. S. Government Deposits................................................................................................................................................. 75 ,614 48 Time Commercial Certificates of Deposit........................................................................................................................ 551 ¡012 27 Book Accounts— Subject to savings b y-law s................................................................................................................... 15 ,198 ¡712 22 Certificates of Deposit— Subject to Savings by-laws....................................................................................................... 555,720 34 Club Savings Deposits (Xmas, Thrift, etc.)........................................................................................................... ] ] ]. ] 90 ¡025 37 Notes and Bills Rediscounted............................................................................................................................................. 6 ,613 75 Bills Payable.............................................................................................. 154^00 00 Bonds sold subject to repurchase....................................................................................................................................... 25,000 00 Customers’ Bonds left for safekeeping............................................................................................................................... 542,014 00 Accrued Interest and Expense payable (net).................................................................................................................... 1,297 16 Other Liabilities.................................................................................................................................................................... 2,957 12 T otal......................................................................................................................................, , , , ................................. $34,066,145 78 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis xxv R E PO R T OF THE COMMISSIONER N IN TH FED ER AL RESERVE D IS T R IC T OF M ICH IG AN Statement of the one Trust Company in the Ninth Federal Reserve District of Michigan on October 3, 1928. Resources. Collateral Loans. Tim e............................................................................................................................................................$ 1,597 Collateral Loans. Demand...................................................................................................................................................... 62 *303 Loans on Real Estate Mortgages. In Office......................................................................................................................... 63,486 Loans on Real Estate Mortgages. With State Treasurer................................................................................................... 63,269 Bonds. In Office........................................................................................................................................................................ 102,580 Bonds. With State Treasurer.................. 15,000 Real Estate Owned..................................................................................................................................................................... 3 ,982 Real Estate Mortgages to secure Debentures....................................................................................................................... 46,077 Advances to Trusts................................................................7 ................................................................................................... 521 Due from Other Banks and Bankers....................................................................................................................................... 31 ,585 Other Assets................................................................................................................................................................................. 9,372 Total...................................... 20 57 80 23 50 00 76 33 91 64 67 $399,777 61 Liabilities. Capital Stock Paid in......................................................................................................... ...................................................... $150,000 Surplus Fund.................................. ................................................................................................................ . ! . ! . " ” ! ! ! ! ! 50 |000 Undivided Profits (Less Expenses, interest and taxes paid)................................................................................................. 33,398 Dividends Unpaid....................................................................................... ................................................................. 1 ,800 101,815 Trust Deposits.......................................................................................................................................................... Debentures................................................................................................................................................................................... 40,800 21,963 Certificates of Deposit...................................................................................................................................................... Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 00 00 37 00 81 00 43 $399 ,777 61 STATE BANKING D EPAR TM E N T XXVI M ICHIGAN STATE BANKS. 1928. Abstracts o f reports made by the state banks o f Michigan to the Commissioner o f the Banking Department, the reports being called fo r on the past days unknown to bank officers, viz., D ecem ber 81, 1927, February 28, June 80, and October 8, 1928. F or reports o f individual state banks see succeeding pages. Resources. Loans and discounts: Commercial................................................. Savings........................................................ Real Estate Mortgages: Bonds, securities and stocks: Commercial................................................. Savings........................................................ Due from Federal Reserve bank: Commercial................................................. Savings........................................................ Due from banks in reserve cities: Commercial................................................. Savings.......................... ............................. U. S. Bonds and Certificates of Indebted ness (carried as legal reserve). Savings.. Exchanges for Clearing house: Commercial................................................. Savings........................................................ Cash on hand: Commercial................................................. Savings........................................................ Overdrafts....................................................... Premium account........................................... Banking house................................................ Furniture and Fixtures................................. Other real estate............................................ Due from other banks and bankers............ Outside checks and other cash item s.. . . . . . Customers’ acceptances and letters of credit Customers’ bonds left for safe keeping. . . . Accrued interest receivable (net)................ Trust funds..................................................... Other assets.................................................... Report of Report of December 31, February 28, 1928, 1927, 585 state banks, 588 state banks, 5 industrial banks. 7 industrial banks. $358,298,263 90 134,027,477 28 Report of June 30, 1928, 585 state banks, 8 industrial banks. Report of October 3, 1928, 585 state banks, 9 industrial banks. $339,695,512 34 137,747,083 78 $379,254,666 22 161,578,433 09 $374,844,816 70 160,896,352 12 8,342,084 78 388,824,894 41 9,338,990 74 391,067,549 99 10,070,801 68 394,048,479 84 144,635,796 96 594,939,518 54 146,853,291 03 172,422,590 27 151,433,646 29 181,478,142 98 160,833,118 10 177,585,121 09 35,024,827 40 18,164,650 88 34,924,582 01 16,392,471 15 37,609,497 88 17,667,232 02 37,992,380 17 17,874 ,777 52 41,188,189 33 24,456,498 20 40,892,706 60 27,039,470 08 34,855,992 36 25,033,210 71 41,765,630 60 27,615,984 52 14,713,332 94 15,031,534 16 14,973,503 83 16,156,744 55 18,710,872 35 3,014,124 10 14,441,584 16 1,773 ,889 98 20,800,314 27 2,925,825 64 19,162,128 78 1,524,543 66 16,472,657 10,006,399 360,121 327,736 37,908,034 7,499,830 5,242,828 3,681,506 7,613,804 3,199,601 09 05 84 52 32 42 46 74 89 44 21,694,908 1,724,319 55,643 1,064,745 06 27 96 10 14 ,845,807 9,055,427 444,745 336,278 36,109,878 7,502 ,649 5,290,152 4,024,291 4,284,229 3 ,085,850 3,698,447 21,763 ,772 1,794,955 137,308 2,305,618 13,101,751 9,182,373 416,309 300,161 38,215,516 7,899,068 5,571,997 3 ,375,396 8,559,430 3,153,057 3,608,176 21,656,833 1,538,474 187,581 1,874,299 16,028,001 9,920,085 484,541 281,933 38,403,193 8,291,128 5,898,964 4,707,881 6,653,938 3,164,250 3,466,287 20,750,328 1,442,766 211,086 1,911,428 76 04 47 47 88 89 85 44 82 00 13 54 49 39 21 45 59 06 64 43 66 25 65 64 19 62 85 97 77 82 Totals.................................................. $1,504,025,689 04 $1,459,061,108 13 $1,546,657,435 61 20 45 57 45 56 76 98 51 64 00 04 70 13 92 16 $1,561,986,695 40 Liabilities. Surplus fund................................................... Undivided profits, net................................... Dividends unpaid.......................................... Reserved for taxes, interest, e tc.................. Commercial deposits subject to check........ Demand certificates of deposit..................... Certified checks.............................................. Cashiers’ checks............................................. Due to other banks and bankers.................. State moneys on deposit............................... Postal savings deposits.................................. U. S. Government deposits.......................... Time commercial certificates of deposit.. . . Savings deposits (book accounts)................ Savings certificates of deposit...................... Club savings deposits.................................... Notes and bills rediscounted........................ Bills payable................................................... Bonds sold subject to repurchase................ Customers’ bonds left for safe keeping. . . . Customers’ acceptances and letters of credit Accrued interest, payable (net)................... Trust funds..................................................... Other liabilities.............................................. $78,169,852 66,012,265 15,632,659 1,991,554 3,413,662 400,488,271 37,918,931 1,527,825 8,200,924 26,740,025 5,980,180 625,072 3,365,910 10,914,193 687,196,707 103,665,003 1,548,285 1,348,418 23,195,940 820,432 21,694,908 1,870,375 104,658 55,643 1,543,985 50 08 81 79 07 28 42 85 11 78 14 51 00 33 88 44 51 62 88 65 05 22 65 96 51 $76,504,062 64,229,645 16,698,623 75,813 4,251,707 390,296,211 34,523,571 1,391,129 7,280,010 28,280,783 13,991,869 605,414 574,313 10,257,801 662,713,145 103 ,354,188 3,167,235 1,267,976 10,040,479 1,575,407 21,763,772 3,723,807 658,889 137,308 1,697,939 50 11 65 56 25 04 31 87 25 96 47 25 39 31 44 35 65 93 74 65 54 82 01 39 69 $77,099,027 64,966,944 17,357,040 1,637,768 4,014,305 405,042,391 34,918,338 1,974,516 9,385,922 24,193,101 21,064,899 607,753 6,355,247 9,445,456 689,232,860 100,396,072 6,647,359 4,936,567 37,783,117 1,749,465 21,656,833 4,286,606 622,314 187,581 1,095,941 18 97 31 47 15 84 31 23 71 85 70 39 63 27 51 53 36 85 67 22 85 34 98 77 52 Totals.................................................. $1,504,025,689 04 $1,459,061,108 13 $1,546,657,435 61 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $77,404,445 65,332,969 19,756,259 271,156 5,065,974 419,414,223 33,218,292 2,231,570 8,518,737 30,676,911 5,711,262 605,917 1,983,054 14,739,279 701,836,137 106,328,098 8,854,191 2,112,845 29 ,643 ,647 1,551,065 20,750,328 3,347,564 1,184,830 211,086 1,236,844 00 14 47 83 50 41 40 82 00 56 38 64 48 21 41 61 39 81 68 22 70 75 75 92 32 $1,561,986,695 40 R E P O R T OF TH E COM MISSIONER X X V ll M ICHIGAN T R U ST COMPANIES. 1928. Abstracts o f reports made by the Trust Companies o f Michigan to the Commissioner o f the Banking Department, the reports being called fo r on the past days un known to Trust Company officers viz., D ecem ber 81, 1927, February 28, June SO, and October 3, 1928. F or reports o f individual Trust Companies see succeeding pages. Resources. Report of October 3, 1928, 21 Trust Companies. Report of December 31, 1927, 22 Trust Companies. Report of February 28, 1928, 22 Trust Companies. Report of June 30, 1928, 22 Trust Companies. $16,056,804 31 18,195,612 24 $17,838,430 95 16,094,723 85 $21,364,423 37 13,267,204 83 $19,438,900 89 13,783 ,042 50 53 ,310,030 16 2,732,693 40 1,165,475 70 54,842,156 82 2,647,893 90 5,654,981 03 64,927,703 63 2,579,896 82 253,751 62 69,759,190 98 2,362,909 79 268 ,389 56 38,622,784 782,565 3,656,142 698,855 3 ,098,004 28,059,325 5,731,703 2,526 88,265 773,320 4,974,123 18,112,358 2,041,828 184 ,713 200,022 2,192,667 2,637,967 1,819,261 1,801,651 5,263 ,252 37,008,622 962,666 3,978,427 797,954 3,024,053 32,712 ,304 6,070,201 2,526 87,938 811,522 5,238,537 15,408,271 1,493 ,286 177,418 218,606 1,556,320 1,203 ,530 1,269,349 2,254,028 7,091,561 Loans on Real Estate mortgages: Bonds: . 44,267,379 803,239 3 ,553 ,025 507,735 2,279 ,049 25,452,132 5,227,554 32,555 88,969 743 ,008 4,887,366 22,132,700 3,206,916 134,957 248,873 1,062,602 2,482,508 315,559 1,681,050 5,415,909 99 00 79 82 96 13 32 98 83 30 90 02 05 10 46 12 97 77 00 58 39,326,322 919,364 3,653,025 598,008 28,095,020 1,224,752 4,781,509 32,635 88 ,846 763,756 4,883 ,018 25,284,982 3,015,773 143,488 263 ,497 1,422,271 3 ,206,366 841,870 1,820,900 5,442,743 75 72 79 40 60 00 93 99 14 10 49 66 32 46 06 58 69 00 00 81 65 16 80 78 32 37 98 88 55 06 54 63 80 71 64 99 01 82 00 11 $215.983.710 90 $222.886.341 04 $223 .134,322 07 $226,979,562 45 $14,200,000 00 14,727,000 00 $14,550,000 00 15 ,007,000 00 Liabilities. $14,100,000 00 14,444,181 96 $14.116.200 00 14,442,884 14 84 39 52 05 80 23 30 63 17 00 81 33 22 00 5.215.604 17 89.757 94 692.512 17 1,832,10 54.178 49 6.046.991 12 71.376.149 40 57,614 12 25.296.902 14 7.271.400 00 47.711.592 18 22,203 ,302 45 140,902 17 1,820,900 00 60.000 00 724.805 73 5.562.812 72 Undivided profits (less expenses, interest and taxes https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 37 14 29 96 42 93 70 88 47 37 60 16 68 26 46 66 30 63 00 45 4,741,995 111,911 912,511 21,829 83 ,787 7,086,328 68,580,733 5,583 24,469,577 7,007,125 43 ,859,951 21,566,438 1,484,748 1,681,050 388,349 64 5.437.608 01 5,657,840 54 ,484 725,011 41,947 151,046 8,247,982 65,509,681 58,931 26,925,680 7,466,600 45,691,773 23 ,449,295 1,255,000 1,801,651 117,000 1,244,446 5,808,948 14 54 61 49 60 06 68 04 91 00 93 83 00 00 00 68 56 $215.983.710 90 $222.886.341 04 $223,134.322 07 5,145,559 106,811 1,597,094 1,956 14,330 9,028,195 64 ,822,778 17,959 27,296,154 7,954,319 43 ,134,490 24,004,153 3 ,530,400 2,254,028 67,000 1,152,444 7,294,885 44 44 93 97 20 80 23 63 34 01 96 58 00 00 00 07 85 $226,979,562 45 STATE BANKING DEPARTM EN T X X V 111 D E T R O IT STATE BANKS. 1928. Abstracts o f reports made by the state banks in the city o f D etroit, to the Comm issioner of the Banking Department, D ecem ber 31, 1921, February 28, June 30, and October 3, 1928. Resources. Loans and discounts: Commercial................................................... Savings.................. , ..................................... Real estate mortgages: Commercial.............................................. Savings.................................................. .. Bonds, securities and stocks: Commercial.................................................. Savings.......................................................... Due from Federal Reserve bank: Commercial................................................... Savings.......................................................... Due from banks in reserve cities: Commercial................................................... Savings.......................................................... U. S. bonds and certificates of indebtedness. as legal reserve. Savings........................... Exchanges for clearing house: Commercial................................................... Savings.......................................................... Cash on hand: Commercial................................................... Savings.......................................................... Overdrafts......................................................... Premium account............................................. Banking house.................................................. Furniture and fixtures..................................... Other real estate.............................................. Due from other banks and bankers.............. Outside checks and other cash items............ Stock of Federal Reserve bank...................... Customers’ acceptances and letters of credit Customers’ bonds left for safe keeping......... Accrued interest, receivable (net)................. Other assets...................................................... Totals Liabilities. Capital stock paid in....................................... Surplus fund..................................................... Undivided profits, net..................................... Dividends unpaid............................................ Reserved for taxes, interest, etc.................... Commercial deposits subject to check.......... Demand certificates of deposit...................... Certified checks................................................ Cashiers’ checks............................................... Due to other banks and bankers................... State moneys on deposit................................. Postal savings deposits.................................... U. S. Government deposits............................ Time commercial certificates of deposit....... Savings deposits (book accounts).................. Savings certificates of deposit........................ Club savings deposits...................................... Notes and bills rediscounted.......................... Bills payable..................................................... Bonds sold subject to repurchase.................. Customers’ bonds left for safe keeping......... Customers’ acceptances and letters of credit Accrued interest, payable (net)..................... Other liabilities................................................. Totals https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Report of Report of Report of Report of December 31, February 28, June 30, October 3, 1927, 1928, 1928, 1928, 17 state banks, 15 state banks, 15 state banks, 15 state banks, 2 industrial banks. 3 industrial banks. 3 industrial banks. 4 industrial banks. $178,770,638 32 $159,965,604 95 $186,335,295 04 64,486,522 81 64,151,309 34 84 ,096,011 32 $178,752,451 67 83,168,924 74 759,221 28 211,756,095 53 1,224,599 59 213 ,066,695 00 1,578,593 27 214,268,003 22 90,006,249 08 290,972,152 03 93,970,626 47 43 ,357,239 47 101,353 ,091 48 49,245,364 68 109,724,812 39 43 ,839,847 97 26,624,775 52 10,574,058 19 24,670,508 79 9,528 ,796 58 27,250,626 33 10,079,228 37 27,200,724 70 10,260,174 55 15,138,145 74 4,568,469 67 13,899,775 45 5,514,338 63 14,052,125 79 4 ,057,099 07 13,107,073 50 5.327.041 48 3,165,595 05 3 ,269 ,309 49 3,541,653 91 3,766,810 22 15,627,438 60 973,773 97 12,178,900 23 818,920 07 17,072,203 14 1,217,300 18 16,015,520 74 644,083 01 7,242,554 2,875,712 64,450 215,603 20,150,658 2,394 ,463 666,086 2,536,290 6,761,152 2,238,250 5,865,593 3,219,071 72,308 217,390 18,446,784 2,315,038 673 ,438 2,591,081 3 ,574,793 2,118,250 3,456,481 4,284,276 1,475,169 1,572,872 5,563 ,364 2,742,655 69 ,990 196,652 19,337,734 2,358,653 985,429 2,344,597 7,438,756 2,121,250 3 ,408,068 4 ,020,834 1,203,993 1,531,064 86 48 47 77 88 36 67 38 43 00 4,217,610 63 1,392,753 63 840,095 93 80 15 19 39 46 68 25 42 78 00 17 92 69 44 94 95 35 88 87 01 39 24 20 00 22 00 79 30 $752,503 ,502 47 $693,723,196 62 $765,914,339 04 $39,675,000 41,548,000 7,514,720 802,077 948,712 222,590,724 5,117,745 1,101,715 5,320,686 19,829,971 4,224,856 520,352 2,403,650 2,194,225 345,635,134 30,077,489 602,092 00 00 92 24 51 95 49 42 29 54 91 30 00 34 80 15 07 $37,800,000 39,558,588 7,830,800 31,100 1,379,520 202,421,885 2,313,228 891,964 4,938,918 21,278,660 7,064,850 505,455 413 ,300 1,651,541 319,306,929 30,120,321 1,278,117 00 95 22 80 77 65 10 30 77 86 98 12 00 29 94 48 91 15,267,664 500,000 4,217,610 1,752,263 99,725 559,082 62 00 63 80 77 72 4.570.000 1.291.000 4,284,276 3,544,872 652,051 595,811 00 00 92 01 38 17 $7 5 2 ,503,502 47 $6 9 3 ,723,196 62 $38,024,379 39,814 ,683 8,602,570 592,717 1,128,552 227,797,241 2,114,412 1,502,941 6,301,268 17,784,274 11,727,085 506,475 6,008,100 1,370,081 336,200,057 28,584,138 3,188,243 426,500 24,325,000 1,291,000 4,020,834 3 ,508,999 567,728 527,052 86 92 59 02 42 97 20 73 81 37 71 43 00 58 43 69 71 00 00 00 00 22 27 11 $765,914,339 04 6,815,341 3.110.949 104.353 169.354 19,504,209 2,504,139 956,066 3,462,795 5,750,145 2,127,250 3 ,234,360 4.266.949 1.170.041 1,616,344 40 34 28 83 02 29 34 69 19 00 82 00 83 89 $762,446,362 38 $38,198,650 40,053 ,251 9,054,053 121,438 1,667,434 220,222,098 1,510,350 1,630,304 5,146,246 23,109,852 2,532,397 496,043 1,644,020 5,780,157 343,333,290 30,172,279 4,282,427 00 45 32 76 20 81 57 86 70 24 82 71 00 85 42 03 00 23,222,112 1,291,000 4,266,949 3,111,505 1,046,221 554,278 16 00 00 16 29 03 $7 6 2 ,446,362 38 R E PO R T OF TH E COM MISSIONER x x ix D E T R O IT TR U ST COMPANIES. 1928. Abstracts of reports made by the Trust Companies in the city o f D etroit, to the Commissioner o f the Banking Department, D ecem ber 81, 1927, February 28, June 30, and October 3, 1928. • Resources. Collateral loans, tim e.................................................... D em and..................................................................... Loans on real estate mortgages: In office....................................................................... With State Treasurer................................................ Other loans..................................................................... Bonds: In office....................................................................... With State Treasurer................................................ Stocks.............................................................................. Real estate owned.......................................................... Other investments......................................................... Real estate mortgages to secure debentures.............. Advances to Trusts....................................................... Premiums paid............................................................... Safe deposit vaults........................................................ Furniture and fixtures................................................... Banking house............................................................... Due from approved reserve agents............................. Due from other banks and bankers............................ Outside checks and cash items.................................... Cash................................................................................. Items in transit.............................................................. Certificates of deposit................................................... Accrued interest and prepaid expense........................ Securities for safe keeping............................................ Other Assets................................................................... Report of December 31, 1927, 11 trust companies. Report of February 28, 1928', 11 trust companies. Report of June 30, 1928, 11 trust companies. $15,019,110 29 17,987,728 33 $17,499,396 62 15,881,624 11 $19,985,983 67 12,908,933 19 $18,253,981 63 13,553,435 41 50,329,553 91 1,808,309 19 1,150,527 51 50,863 ,494 45 1,718,004 04 5 ,640,763 82 61,407,616 18 1,670,869 94 145 ,662 00 66,460,523 26 1,462,230 50 144,952 65 41,356,180 310,239 3,299,500 358,577 2,183,400 24,862,357 4,337,312 2,556 53 ,708 425 ,828 4,145,003 15,046,258 3,029,898 29,543 937,774 1,015,891 2,457,495 235,160 1,639,050 5,279,200 36,245,668 420,364 3,399,500 448,583 27,965,380 537,932 3,947,676 2,604 53 ,584 445,146 4,140,655 18,708,697 2,864,747 139,839 1,087,584 1,373,197 3,150,614 763,188 1,778 ,900 5,293,100 35,333 ,806 467,565 3,425,000 548,876 2,969,761 27,297,171 4,822,544 2,526 52,982 450,196 4,207,115 12,227,434 1,892,905 161,723 145,113 2,152,609 2,632,966 1,700,606 1,757,151 5,030,167 33,480,183 450,655 3,749,970 715,542 2,900,042 27,896,725 5,195,062 2,526 52,615 488,448 4,269,865 13 ,838,144 1,403,506 63,351 138,860 1,533 ,216 1,173,529 2,045,580 2,208,728 6,849,008 44 00 00 55 12 36 03 84 58 40 72 10 57 35 26 69 47 92 00 74 43 72 00 03 95 47 05 15 89 01 31 35 22 19 84 09 31 85 00 78 Report of October 3, 1928, 10 trust companies. 88 09 00 90 75 56 28 88 40 51 27 08 04 92 34 48 01 77 00 20 Totals.................................................................. $197,300,166 37 $204,370,248 68 $203,397,289 34 26 81 00 52 21 72 50 88 32 11 87 42 25 25 71 35 30 77 00 44 $208,330,687 14 Liabilities. Capital stock paid in..................................................... Surplus fund................................................................... Undivided profits (less expenses, interest and taxes p a id )........................................................................... Deferred profits.............................................................. Reserve for taxes, etc.................................................... $10,650,000 00 12,833 ,935 40 Corporate agency deposits........................................... Trust deposits................................................................ 4,262,420 62,946 756,319 30,000 5,472 Ì897 66,320,043 87 06 51 00 44 70 Debentures..................................................................... First mortgage bonds payable..................................... Certificates of deposit................................................... Real estate bond sales................................................... Bills payable................................................................... Securities for safe keeping............................................ Accrued interest............................................................. Other liabilities.............................................................. 24,401,990 1,014,675 41,722,452 21,524,550 972,650 1,639,050 387,315 5,248,920 00 00 45 00 00 00 24 70 $10,650,000 00 12,860,000 00 $10,650,000 00 13,010,000 00 $10,850,000 00 13,090,000 00 4,683 ,954 06 39 ,674 01 593,263 90 5,130,441 38 8,523 19 531,047 19 100,000 00 7,2 6 0 1037 74 63,382,595 12 19,932,63 26 ,800,410 00 1,069,200 00 42,782,835 15 23 ,417,650 00 830,000 00 1,757,151 00 1,244,446 68 5,403,019 26 5 ,386,574 64 61,829 08 1,505,103 99 5,184,808 69,205,838 51,670 25,218,165 1,018,000 44,712,646 22,169,750 25,000 1,778,900 722,949 5,455,628 32 78 90 00 00 48 00 00 00 23 00 Totals.................................................................. $197,300.166 37 $204,370,248 68 $203 ,397,289 34 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 7,939,117 62,615,249 10,062 27,215,805 1,395,400 41,024,675 23 ,972,350 2,841,400 2,208,728 1,059,071 7,155,320 35 24 63 00 00 46 00 00 00 46 29 $208,330,687 14 state XXX b a n k in g departm ent GRAND RAPIDS STATE BANKS Abstract of the three State and two Industrial Banks in the city of Grand Rapids, October 3, 1928. Resources. Loans and Discounts: Commercial......................................................................................................................................................................... $14,672,256 Savings................................................................................................................................................................................ 6,951,607 Real Estate Mortgages: Commercial................. ......................................... ................... ........................................... ................. ......................... 772,357 Savings........................................................................................ ....................................................................................... 18,511,404 Bonds and Securities: Commercial............... ......................................................................................................................................................... 2,990,759 Savings................................................................................................................................................................................ 3,676,578 Due from Federal Reserve Bank: Commercial.................................................................................... 2,227,413 Savings................................................................................................................................................................................ 946,172 Due from Banks in Reserve Cities: Commercial........................................................................................................................................................................ 1,289,326 Savings...................................................... ' . ...................................................................................................................... 1,523,515 Exchanges for Clearing House: Commercial......................................................................................................................................................................... 717,742 Savings................................................................................................................................................................................ 375,314 Total Cash on Hand: Commercial........................................................................................................................................................................ 571,294 Savings................................................................................................................................................................................ 495,654 Overdrafts............................................. ................................................................................................................................. 10,067 Banking House...................................................................................................................................................................... 2,005,353 Furniture and Fixtures......................................................................................................................................................... 642,982 Other Real Estate................................................................................................................................................................. 44,021 Due from other Banks and Bankers.................................................................................................................................. 142,143 Customers’ Bonds left for safekeeping............................................................................................................................... 996,750 Outside Cheeks and other cash items...................................................................................................... ......................... 215,180 Stock of Federal Reserve Bank........................................................................................................................................... 120,750 Customers’ Acceptances and Letters of Credit................................................................................................................ 61,598 8 ,287 Other Assets.......................................................................................................................................................................... 81 50 76 55 67 71 96 15 36 38 00 29 06 79 07 77 57 55 95 00 04 00 00 63 Total.......................................................................................... ......................................... ........................................... 159,968,532 57 Liabilities. Capital Stock paid in ...................................... .................................................................................................................... $2,050,000 00 Surplus Fund......................................................................................................................................................................... 2,261,112 72 Undivided Profits, net.......................................................................................................................................................... 459,547 71 Dividends unpaid.................................................................................................................................................................. 11,709 50 Reserved for Taxes, Interest, etc.................................................................................... ................................................... 227,963 07 Commercial Deposits Subject to check............................................................................................................................. 15,712,730 27 Demand Certificates of Deposit........................ ....................... ......................................................................................... 152,619 69 Certified Checks.................................................................................................................................................................... 53 ,347 59 Cashier’s Checks..................................................................................... 317,236 88 Due to other Banks and Bankers....................................................................................................................................... 2,360,646 25 State Moneys on Deposit..................................................................................................................................................... 510,507 87 Postal Savings Deposits....................................................................................................................................................... 2,527 54 U. S. Government Deposits................................................................................................................................................. 24,010 00 Book Accounts— Subject to savings by-laws.................................................................................................................... 23,391,379 87 Certificates of Deposit— Subject to Savings by-laws...................................................................................................... 8,914,286 58 Club Savings Deposits (Xmas, Thrift, etc.) .............................................................................................. 1,144,830 69 Notes and Bills Rediscounted............................................................................................................................................. 859,027 69 Bills Payable...................................... 317,000 00 Customers’ Bonds left for Safekeeping.............................................................................................................................. 996,750 00 Customers’ Acceptances and Letters of Credit................................................................................................................ 61,598 00 Other Liabilities..................................................................................................................................................................... 139,700 65 Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $59,968,532 57 R E PO R T OF TH E COM MISSIONER xxxi GRAND RAPIDS TRUST COMPANIES Abstract of the two Trust Companies in the city of Grand Rapids on October 3, 1928. Resources: Collateral Loans. Tim e........................................................ $251,181 20 Collateral Loans. D e m a n d ............................................................................................................................................... 41,565 02 Loans on Real Estate Mortgages.In Office.......................................................................................................................... 589,956 06 Loans on Real Estate Mortgages.With State Treasurer................................................................................................... 276,600 00 Other Loans.............................. ....................................................................................... ....................................................... 29,684 63 Bonds. In Office.................................................................................................................................................................... 1,455,630 40 Bonds. With State Treasurer........................ 190,010 33 Stocks....................................................................................................................................................................................... 212,644 79 Real Estate Owned................................................................................................................................................................. 57,119 36 Other Investments.................................................................................................................................................................. 5,007 98 Advances to Trusts................................................................................................................................................................ 754,280 53 Safe Deposit Vaults................................................................................................................................................................ 35,323 15 Furniture and Fixtures........................................................................................................................................................... 282,323 66 Banking House..............................................................., .................... ......................... ................................................... 775,000 00 Due from Approved Reserve Agents................................................ .................................................................................. 1,095,054 05 Due from Other Banks and Bankers................................................................................................................................... 1,531 50 Outside Checks and Cash Items........................................................................................................................................... 112,147 51 Cash........................................................................................................................................................................................... 15,537 77 Items in transit.................................................................. ..................................................................................................... 9,458 26 Certificates of Deposit............................................................................................................................................................ 5,001 00 Other Assets............................................................................................................................................................................. 189,235 40 Total....................................................................................................................................................................................$6,384,292 60 Liabilities. Capital Stock paid in................................................................................................................................................................$1,750,000 00 Surplus Fund............................................................................................................................................................................. 1,300,000 00 Undivided Profits (Less expenses, interest and taxes paid)............................................................................................... 371,017 63 Reserve for Taxes, etc......... f ................................................................................................................................................ 53,038 07 Due to Banks and Bankers.................... .............................................................................................................................. 1,956 97 Dividends Unpaid................................................................................................................................................... ............... 12,376 00 Corporate Agency Deposits..................................................................................................................................................... 1,089,078 45 Trust Deposits.......................................................................................................................................................................... 1,127,186 36 Certificates of Deposit............................................................................................................... ........................................... 248,425 42 Bills Payable............................................................................................................................................................................. 370,000 00 Other Liabilities............................................................................................................................ 61,213 70 T otal............................ .................................................................................................................................................... $6,384,292 60 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis x x x ii STATE BANKING D EPARTM EN T M ICHIGAN NATION AL BANKS. 1928. Figures given by the Comptroller o f the Currency in even thousands. A bstracts o f reports made by the National Banks of Michigan to the Com missioner o f the Banking Department, Decem ber 31, 1927, February 28, June 30, and October 3, 1928. F or reports o f individual national banks see succeed ing pages. Resources Report of December 31, 1927, 133 national banks. Report of February 28, 1928, 133 national banks. Report of June 30, 1928, 133 national banks. Report of October 3, 1928, 133 national banks. Loans and discounts...................................... Customers’ Acceptances and Letters of Credit.......................................................... Overdrafts, secured and unsecured.............. U. S. Government Securities Owned.......... Other Bonds, Securities and Stocks............ Lawful Reserve with Federal Reserve Bank............................................................ Due from Federal Reserve Bank (not available as reserve).................................. Due from Other Banks and Bankers.......... Exchanges for Clearing House..................... Cash in vault.................................................. Outside Checks and Other Cash Items. . . . Banking House Furniture and Fixtures___ Other Real Estate.......................................... Due from U. S. Treasurer............................ Other Assets.................................................... $292,177 $319,741 $343 ,682 $347,528 4,317 191 42,906 99,608 3,543 132 58,530 106,468 1,586 209 56,310 108,068 977 373 59,423 105,520 24,826 25 ,907 26,948 27,625 12,779 12,103 9,631 29,214 5,472 22,291 2,228 716 2,054 9,737 9,835 7,941 26,096 3,781 24,140 2,379 720 2,686 10,410 10,041 12,527 25,255 5,094 24,271 2,254 838 3,036 14,253 29,269 9,458 9,175 7,355 24 ,169 1,994 889 3,274 Totals...................................................... $560,513 $601,636 $630,529 $641,282 Capital stock paid in ..................................... Surplus fund................................................... Undivided profits, net................................... Reserved for Taxes, Interest, etc................. Circulation...................................................... $30,715 22,205 10,290 973 14,240 Due to Other Banks and Bankers............... Individual Deposits Subject to Check........ Certified Checks............................................. 32,290 206,279 1,382 2,161 1,009 2,507 220,306 29 8,761 $30,910 26,261 11,243 1,649 14,162 22 32,442 212,790 708 1,825 11 958 248,373 29 14 ,150 $30,970 26,354 11,151 1,655 16,567 14 27,410 226,108 788 2,146 975 1,384 252,422 219 27,789 $30,995 26,440 11,745 3,374 17,461 51 37,596 234 ,470 3,900 1,331 252,008 14 20,403 Other Liabilities............................................. 4,463 2,042 861 3,915 1,206 982 1,735 1,795 1,047 517 Totals...................................................... $560,513 $601,636 $630,529 $641,282 ' Liabilities. Dividends Unpaid.......................................... United States Government Deposits.......... Time Deposits (Book Accounts).................. Bonds Borrowed............................................ Bills Payable.................................................. Customers’ Acceptances and Letters of Credit.......................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 977 R E PO R T OF THE COMMISSIONER D E TR O IT NATIONAL x xx iii BANKS. 1928. Figures given by the Comptroller of the Currency in even thousands. Abstracts of reports of National banks in the City o f D etroit as made to the Com missioner o f the Banking D epartm ent D ecem ber 31, 1927, February 28, June 30, and October 3, 1928. Resources Loans and discounts..................................... Customers' Acceptances and Letters of Credit.......................................................... Overdrafts, secured and unsecured............. U. S. Government Securities owned............ Other Bonds, Securities and Stocks............ Lawful Reserve with Federal Reserve Bank Due from Federal Reserve Bank, (not available as reserve).................................. Due from Other Banks and Bankers.......... Exchanges for Clearing House..................... Cash in vault................................................. Outside Checks and Other Cash Items. . . . Banking House Furniture and Fixtures.,. . Other Real Estate......................................... Due from U. S. Treasurer............................ Other Assets................................................... Totals..................................................... Report of December 31, 1927, 3 national banks. Report of February 28, 1928. 3 national banks. Report of June 30, 1928, 3 national banks. Report of October 3, 1928, 3 national banks. $121,088 $143 ,765 $161,572 $160,962 4,305 94 17,772 12,981 10,955 3 ,532 23 33 ,471 15 ,877 12,060 1,550 82 31,081 15,337 12,311 965 166 32,585 13 ,355 13 ,584 11,791 3 ,740 6,171 6,091 4,807 8,153 543 57 1,641 8,636 2,828 4,822 3 ,235 9,945 745 57 2,258 9,231 2,839 9,740 6,309 4,392 9,887 745 172 2,529 12,724 7,517 7,482 2,313 6,677 9,662 530 $210,189 $247,462 $267,777 $12 ,000 $12,000 13,500 4,365 901 1,132 23 ,060 102,424 477 1,019 $ 12,000 13 ,500 4,515 731 3,390 19 ,363 116,683 557 1,135 362 463 67,884 24 ,770 $ 12,000 13 ,500 4 ,733 1,553 4,369 26,735 122,560 40 2,345 6 1208 222 2,775 $271,519 Liabilities Capital stock paid in.................................... Surplus fund................................................... Undivided profits, net................................... Reserved for Taxes, Interest, etc................ Circulation..................................................... Due to Other Banks and Bankers.............. Individual Deposits Subject to Check........ Certified Checks............................................ Cashiers’ Checks............................................ United States Government Deposits.......... Time Deposits (Book Accounts)................. Bills Payable.................................................. Customers’ Acceptances and Letters of Credit.......................................................... 9,500 3 ,933 180 1,132 23 ,837 101,740 492 1 ,147 413 1,299 41,980 6,910 1 589 70,406 12,600 673 65,194 16,710 4,443 650 533 ■3 ,893 450 645 1,691 965 Other Liabilities............................................. 733 142 Totals..................................................... $210,189 $247,462 $267,777 $271,519 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis REPORTS OF TH E State Banks and Trust Companies A S M A D E T O T H E C O M M IS S I O N E R O F T H E S T A T E B A N K I N G D E P A R T M E N T https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis OCTOBER 3, 1928 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis N o . 325. THE ADDISON STATE SAYINGS BANK , ADDISON. Organized October 11, 1905. W ade M il l is , P r e s i d e n t ; F. B. Cleveland. V i c e P r e s i d e n t a n d C a s h i e r ; C . A . F oote, J. E. H ic k o r y , A s s i s t a n t C a s h i e r s . D i r e c t o r s .-— F . B . C le v e la n d , W a d e M illis , H . E . B r a n c h , C. A . F o o t e , E . M . R a w s o n . Statement October 3, 1928. Resources. Loans and discounts: Commercial.............................................. Real estate mortgages: Commercial ............................................ Savings ................................................ Bonds and securities: Savings..................................................... Due from banks in reserve cities: Commercial ............................................ Savings .................... t). S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only.................................... Overdrafts ..................................................... Banking house .................... Furniture and fixtures................................. Other real estate....................................... Customers’ bonds left with bank for safe keeping ..................................................... Outside checks, revenue stamps and other cash ite m s............................................... Total ................................................... Liabilities. $20 6 ,0 6 9 04 10, 306 50 145, 241 01 57, 100 00 29, 347 82 41, 878 96 10, 500 294 6, 173 2, 235 2, 160 Capital stock paid in .............................. Surplus fund ........................................ Undivided profits, net................................. Commercial deposits subject to check.. Time commercial certificates of deposit. . Savings deposits (book account)............ Savings certificates of deposit................ Customers’ bonds left with bank for safe keepin g................ .................................... $20, 000 2 3 ,5 0 0 3, 849 92, 425 109, 067 154, 653 108, 431 00 00 02 37 12 09 92 53, 150 00 00 30 93 15 64 53, 150 00 619 17 $565, 076 52 Total ................................................... $565, 076 52 No. 162. THE A D R IA N STATE SAVINGS BANK , AD RIAN. Organized M ay 24, 1893. Corporate existence extended M ay 24, 1923. One Branch B. E . T o b ia s , an d D i r e c t o r s .— R . R . H . W a t t s , V i c e P r e s i d e n t s C h a s . S. W h i t n e y , V i c e P r e s i d F rank A. F aulh aber, R. P. W a tt s, A s s i s t a n t C a s h ie r s . W a t t s , C. G . W e s le y , W . O . H u n t , E . E . T o b i a s , C. S. W h i t n e y , T o b ia s , C. E . B a ld w in , S. W . R a y m o n d , E . C. M ic h e n e r . P r e s id e n t; C a sh ier ; H. E. en t B. Statement October 3, 1928. Resources. Loans and discounts: Commercial .......................... Savings ..................................... Real estate mortgages: Commercial ................................... Savings .......................................... Bonds and securities: Commercial ................................. Savings .......................................... Due from Federal Reserve bank: Commercial ................................... Savings .......................................... Due from banks in reserve cities: Commercial ................................. Savings .......................................... Exch. for C. H. and checks on banks in same place: Commercial ................................... Total cash on hand: Commercial ................................. Savings .......................................... Overdrafts .......................................... Banking house ................................ Furniture and fixtures..................... Other real estate.............................. Outside checks, revenue stamps and other cash items .............................. .... Stock of Federal Reserve ban k.. . Total .......................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. Capital stock paid in $491, 136 30 146, 950 41 4, 165 00 255, 235 57 353, 757 57 819^ 971 56 Undivided profits, net. Commercial deposits subject to check. . Certified checks . . . . Due to other banks and bankers. . . . Savings deposits (book account) ......... . Club savings deposits. $150, 100, 35, 544, 147, 1, 156, 293, 25, 000 000 270 628 140 593 967 960 502 00 00 09 64 00 40 42 94 40 44, 518 52 42, 000 00 27, 226 70 119, 817 64 6, 998 36 31, 284 25 30, 000 00 141 67 40, 000 00 5 , 255 40 22, 033 11 6, 070 83 7, 500 00 $2, 454, 062 89 Total ................... . $2, 454, 062 89 4 STATE BA N K IN G D EPARTM ENT No. 89. THE COMMERCIAL SAVINGS BANK, AD RIAN . Organized April 10, 1888. Corporate existence extended April 10, 1918. E. N . S m i t h , P r e s i d e n t ; P . J. D o n n , V i c e P r e s i d e n t a n d C a s h i e r ; L . A . W a l k e r , W . M . S h e p h e r d , J o s e p h P . E i b s , G . C. B o x d , A s s i s t a n t C a s h i e r s ; J . T . M c K e n d r y , A u d i t o r . D i r e c t o r s .— C h a r le s G . H a r t , H . R . J e w e t t , W . H . B a r r e t t , J o s e p h P . L ib s , E . N . S m it h , P . J . D u n n , L . W . S m it h , W . M . S h e p h e r d , E . P . L a k e . Statement October 3, 1928. Resources. Loans and discounts: Commercial ............................................ Savings ................................................... Real estate mortgages : Commercial .............................................. Savings ................................................... Ronds and securities: Commercial ............................................ Savings .............. ; .................................. Due from Federal Reserve bank: Commercial ............................................ Savings ................................................... Due from banks in reserve cities: Savings ..................................................... Exch. for C. H. and checks on banks in same place: Commercial ............................................... Total cash on hand: Commercial ............................................... Overdrafts ..................................................... Banking house ..................................... .. Outside checks, revenue stamps and other cash items .............................................. Stock of Federal Reserve bank................ Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $373, 003 50 186, 585 06 34, 430 00 294, 314 47 272, 229 25 543, 209 88 Capital stock paid in .............................. Surplus f u n d .............................................. Undivided profits, net.............................. Commercial deposits subject to check. . Certified checks ....................................... Cashier’ s checks ....................................... Savings deposits (book account).......... . Savings certificates of deposit.............. Club savings deposits................................. Bills payable ............................................ $110, 30, 13, 567, 6, 1, 086, 55, 34, 50, 000 000 204 153 538 125 351 852 520 000 00 00 82 57 80 10 65 90 87 00 40, 100 00 36, 635 50 66, 533 94 7, 075 59 34, 830 40 175 10 55, 000 00 5, 420 02 4, 200 00 71 Total ................................................. . $1, 953, 742 71 STATE BA N K S OF M ICHIGAN 5 N o . 66. LEN AW EE COUNTY SAYIN GS BAN K , AD RIAN . Organized February 1, 1872. Corporate existence extended February 1, 1902. L a d d J . L e w i s , J k ., C. D . H a r d y , D . B . M o r g a n , V i c e P r e s i d e n t s ; J . C M u r p h y A . W . W r ig h t , L. E . H o l m e s , N. L . G r o e s c h o w , C a s h i e r s ; E. F. M eyerh cber, A u d i t o r . D i r e c t o r s .— C h a s . E v a n s , V e r n o n H o x ie , C. D . H a r d y , H e n r y H a r t , J . W . K ir k , H B K n o w l e s , H . L L a r w i ll , D B . M o r g a n , J . C. M u r p h y , F . W . P r e n t i c e , F . A . S t e v e n s o n , A . J . W a lp e r , A . W . M o o d , L a d d J . L e w is , J r ., H . W . L a m b , R o b e r t T . M o r e la n d . V ice P r e s id e n t; P r es id e n t a n d C a sh ier ; A s sista n t Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial .............................................. $569, 136 02 248, 837 92 Savings ........................................................ Real estate mortgages: Savings .......................................................... 499,474 99 Bonds and securities: Savings ................................................... 925, 445 30 Due from Federal Reserve banks: Commercial ............................................ 44, 575 66 Savings ..................................................... 51, 128 73 Due from banks in reserve cities: 23, 293 17 Commercial ............................................ Savings ................................................... 149, 093 19 Exeh. for C. H. and checks on banks in same place: Commercial ............................................ 5 ,9 7 9 12 Total cash on hand: Commercial ............................................ 18, 104 35 Savings ................................................... 25, 000 00 Overdrafts ................................................... 1, 544 42 Banking house............................................... 75, 000 00 25, 000 00 Furniture and fixtures.............................. Other real estate........................................ 9, 543 79 Outside checks, revenue stamps and other 10, 954 87 cash item s.............................................. Stock of Federal Reserve bank..................... 6,000 00 Customers’ acceptances and letters of credit ........................................................ 18, 715 86 Total ................................................... Capital stock paid in ................................... Surplus f u n d ................................................. Undivided profits, net................................... Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subjectto c h e c k ... Demand certificates of deposit.. ................ Certified checks ............................................ Cashier’ s checks .......................................... Due to other banks and bankers.............. Savings deposits (book account).............. Savings certificates of deposit................... Club savings deposits................................... Bills payable .............................................. Customers’ acceptances and letters of credit ........................................................ Total $2, 706, 827 39 ................................................... $150, 000 00 50, 000 00 33 , 306 99 4, 316 98 601, 428 31 148 73 1, 940 70 33, 277 47 25, 742 83 1, 569, 200 70 103, 664 03 15, 084 79 100, 000 00 18, 715 86 $2, 706, 827 39 N o . 732. AK R O N STATE BA N K , AKRON. Organized December 8, 1926. F r a n k l in A. K olb, D i r e c t o r s .— F r a n k li n J o h n F . R o b e r t s , V i c e P r e s i d e n t ; C. W . S t a c y , C a s h i e r ; M o l l ie B . S t a c y , A s s i s t a n t C a s h i e r . A . K o lb , J o h n F . R o b e r t s , T . J . F r i t z , S a m E l l i o t t , C a r e y E . M o r t o n . R . S. S t r e e t e r . P r e s id e n t; Statement October 3, 1928. Resources. Loans and discounts: Commercial ............................................... Real estate mortgages: Savings ...................................................... Bonds and securities: Savings ...................................................... Due from banks in reserve cities: Commercial ............................................... Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Total cash on hand: Commercial ............................................... Overdrafts ..................................................... Banking house ............................................ Furniture and fixtures................................... Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $98, 182 40 6, 090 00 13, 500 00 22, 601 13 1, 000 00 Capital Stock paid in ................................. Surplus f u n d ................................................. Undivided profits, net................................. Commercial deposits subject to check. . . . Time commercial certificates of deposit. . Savings deposits (book account).............. Bills payable ............................................... Other liabilities .......................................... $20, 2, 1, 52, 37, 21, 22, 000 500 055 376 095 444 646 15 00 00 07 07 03 24 77 00 1, 800 00 0, 135 323 3, 500 1, 000 23 42 00 00 $157, 132 18 Total $157, 132 lS 6 STATE BA N K IN G D EPARTM ENT No. 179. ALB IO N STATE BANK, ALBION. Organized March 14, 1895. Corporate existence extended March 14, 1925. D . A . G a r f i e l d , P r e s i d e n t ; W . S. K e s s l e r , V i c e P r e s i d e n t ; C a r l M . C r e a g e r , Cashier; R oger H . D a v is , A s s i s t a n t C a s h i e r . D i r e c t o r s .— W . S. K e s s le r . D . A . G a r fie ld , G e o . T . B n lle n . I ). M . M c A u l i ff e , G . W . S c h n e id e r . O. H . G a le , N . H . W ie n e r , L . C. M c D o u g a l, A l v i n D ic e . Statement October 3, 1928. Resources. Lc-ans and discounts: Commercial .............................................. Savings ...................................................... Real estate mortgages : Commercial .................... Savings ...................................................... Bonds and securities: Commercial ....................... Savings ..................................................... Due from Federal Reserve bank: Commercial ............................................... Savings ...................................................... Due from banks in reserve cities: Commercial ............................................... Savings ..................................................... Total cash on hand: Commercial ............................................... Savings ..................................................... Overdrafts ..................................................... Furniture and fixtures................................... Other real estate............................................ Customers’ bonds left with bank for safe’ keeping ..................................................... Stock of Federal Reserve bank................ Total Liabilities. $259, 898 03 35, 799 28 37, 642 29 144, 899 80 161, 248 20 174, 581 08 39, 979 23 13, 000 00 Capital stock paid i n .............................. Surplus f u n d ................................................. Undivided profits, net................................ Commercial deposits subject to check.. Demand certificates of deposit................ Cashier’ s checks .......................................... Postal savings deposits.............................. Savings deposits (book account).............. Club savings deposits................................... Customers’ bonds left with bank for safe keeping ..................................................... Other liabilities .............................................. $50, 000 11, 000 15, 341 4 4 5 ,6 8 3 67, 920 4, 449 1 ,9 4 4 4 0 9 ,1 8 6 29, 216 00 00 40 92 04 75 85 34 58 5, 200 00 3, 100 00 290 73 97. 558 79 45, 293 13 4, 000 00 242 05 3, 810 46 36,899 81 5. .200 00 2, 700 00 .............................................. .... $ 1, 043, 042 88 Total ................................................... $1, 043, 042 88 No. 167. THE COMMERCIAL AND SAVINGS B A N K OF ALBION. Organized M ay 2, 1893. Corporate existence extended M ay 2, 1923. H o m e r C. B l a i r , P r e s i d e n t ; C. G . B i g e l o w , C a s h i e r ; C h a r l e s S. L o u d , _ A se n a t h F ord, A s s i s t a n t C a s h i e r s . D i r e c t o r s .— H o m e r C. B l a i r , C. G . B i g e l o w , G e o r g e E . D e a n , L . C. V a n G o r d e n , W . S. P a r k e r , H . R . W o c h h o l z , A . L . Y o u n g , B r o c k w a y D ic k i e , B e n i. D . B r o w n , E. M . M o u n te e r. Statement October 3, 1928. Resources. Loans and discounts: Commercial ............................................... Savings...................................................... Real estate mortgages: Saving ..................................................... Bonds and securities: Commercial ............................................... Savings ...................................................... Due from Federal Reserve bank: Commercial ............................................... Savings ...................................................... Due from banks in reserve cities: Commercial ............................................... Exch. for C. H. and checks on banks in same place: Commercial .......................................... Total cash on hand: Commercial ............................................... Savings ..................................................... Overdrafts ...................................................... Banking house .......................................... Furniture andfixtures................................... Other real estate.......................................... Customers’ bonds left with bank for safe keeping ..................................................... Stock of Federal Reserve bank................ Other assets ............. Total ................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $406, 221 29 52, 620 08 243. 067 19 182, 651 41 279, 732 50 5 2 ,1 2 2 68 18, 752 00 15, 212 90 Capital stock paid in ................................. Surplus f u n d ................................................. Undivided profits, net................................... Dividends u n p aid ......... ................................ Commercial deposits subject to check.. . . Demand certificates of deposit................... Cashier’ s checks .......................................... Postal Savings deposits. . . .•.................. Savings deposits (book account)................. Club savings deposits................................... Bills payable .............................................. Customers’ bonds left with bank for safe keeping ..................................................... $100, 000 00 55, 000 00 21, 282 61 20 00 388, 440 80 130, 370 65 6, 830 73 3, 912 03 597, 770 40 23, 408 00 40, 000 00 13, 300 00 4, 782 01 949 33 31, 000 774 37, 490 5, 516 13, 866 00 93 79 64 43 13, 300 00 4, 650 00 1 7 ,6 2 5 04 $1, 380, 335 22 Total ................................................... $1, 380, 335 22 STATE BANKS O F M IC H IG A N 7 No. 498. ALGONAC SAVIN G S BA N K , ALGONAC. Organized April 13, 1912. C u r t is R. C h a m p io n , P r es id e n t; F. W . P arker, V ic e P r e s i d e n t ; W . E. F olsom , an d C a sh ier ; F r an ce s St e w a r t , A s s i s t a n t C a s h i e r . R . C h a m p io n , F r e d W . P a r k e r , W . E . F o l s o m , C h a s . T . W o r t h y , W o o d , B . D . T o w n s e n d , W . E . B o s t w ic k , A . D . S t a n s e ll. V ice P resid en t D i r e c t o r s .— C u r t is G. A . Statement October 3, 1928. Resources. Loans and discounts: Commercial .............. Real estate mortgages: Savings ..................... Bonds and securities: Commercial .............. Savings ..................... Due from banks in reserve cities: Commercial.............. Savings..................... U. S. Bds. and Cert. of Ind. as legal reserve : Savings dept, only . . . . Total cash on hand: Commercial .............. Savings..................... Overdrafts ..................... Banking h o u s e .............. Due from banks other than in reserve cities ....................... Outside checks, revenue stamps and other cash items .............. Total Liabilities. $150, 037 23 286, 352 19 73, 750 02 59, 500 00 $40, 22, 12, 194, 4, 2, 392, 000 500 841 494 082 640 517 00 00 26 15 01 36 46 22, 549 19 10, 000 00 28, 350 00 6, 092 16 8, 800 00 301 29 20, 000 00 2, 764 56 578 60 $669, 075 24 ................... Capital stock paid in .............................. Surplus f u n d ................................................. Undivided profits, net................................. Commercial deposits subject to check .. Demand certificates of deposit ............ Cashier’ s checks ........................................ Total ................................................. $669, 075 24 No. 314. ALLE G A N STATE SAVINGS BA N K , ALLEGAN. Organized M ay 24, 1905. E . W . D e L a n o , P r e s i d e n t ; C. F . P e c k , V i c e P r e s i d e n t ; A . Z . H u r t e a u , C a s h i e r . D i r e c t o r s .— E . W . D e L a n o , A l b e r t B r a n d , E d . T . H o r a n , C. F . P e c k , L . W . S t e in , L. A . K o lv o o r d . Statement October 3, 1928. Resources. Loans and discounts: Commercial ............................................... Savings..................................... ............... Real estate mortgages: Savings ..................................................... Bonds and securities: Commercial .............................................. Savings ...................................................... Due from banks in reserve cities: Commercial ............................................... Savings ...................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only ................................. Exeh. for C. H. and checks on banks in same place: Savings ...................................................... Total cash on hand: Savings ....................... .............................. Overdrafts ............................ ......................... Premium account.......................................... Banking house ............................................ Furniture and fixtures................................... Other real estate.......................................... Customers' bonds left with bank for safe keeping ...................................................... Total .................................................. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $227, 373 40 80, 346 03 149, 369 31 2, 000 00 330, 290 00 18, 238 92 51, 208 51 Capital stock paid in ................................. Surplus fund .............................................. Undivided profits, net ................................. Reserved for taxes, interest, depreciation, etc................................................................. Commercial deposits subjectto check.. . Postal saving deposits................................... Savings deposits (book account).............. Savings certificates of deposit................... Club savings deposits ................................. Customers’ bonds left with bank for safe keeping ...................................................... $35, 000 00 16, 000 00 8, 603 18 5, 665 48 247, 708 83 32604 4 2 2 ,1 3 3 70 185, 075 93 19, 823 44 4, 450 00 20, 000 00 1, 684 11 34, 960 481 825 17, 000 4, 794 1, 764 40 22 89 00 00 81 4, 450 00 $944, 786 60 Total $944, 786 60 8 STATE B A N K IN G DEPARTM ENT No. 323. THE FIRST STATE BAN K , ALLEGAN. Organized M ay 15, 1905. Ch as. R. W i l k .e s , P r e s i d e n t : W . J . O l i v e k , V i c e P r C l a ir M c O m b e r , N e l l ie E g g l e s t o n , D i r e c t o r s .— F r e d e s id e n t; A s sista n t H erm an V autell, C a sh ier ; C a sh ier s. M c O m b e r , C lia s . R . W ilk e s , W . J . O liv e r , E . W . S t o n e , H e r m a n H o ll i s B a k e r , E d w . H o r a n , S r ., W e l d o n S m it h . V a u p e l l, Statement October 3, 1928. Resources. Loans and discounts: Commercial .............................................. Savings .......................................... ........... Real estate mortgages: Commercial .......................................... Savings ...................................................... Bonds and securities: Commercial ............................................... Savings ...................................................... Due from banks in reserve cities: Commercial ............................................... Savings . . ................................................. U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Exch. for C. H. and checks on banks in same place: Commercial ............................................... Total cash on hand: Commercial ............................................... Overdrafts ...................................................... Banking house ............................................ Furniture and fixtures................................. Other real estate.......................................... Customers’ bonds left with bank for safe keeping ...................................................... Outside checks, revenue stamps and other cash items ............................................... Total ................................................... Liabilities. $371, 289 79 12, 900 00 3, 800 00 233, 535 43 60, 281 08 337, 631 25 37, 826 64 19, 754 92 Capital stock paid i n ................................... Surplus fund ................................................ Undivided profits, net................................... Commercial deposits subject to c h e c k .... Demand certificates of deposit..................... Certified checks ............................................ Due to other banks and bankers................ Savings deposits (book account)................ Savings certificates of deposit................... Customers’ bonds left with bank for safe keeping...................................................... $50, 000 50, 000 14,287 405, 403 77 628 34, 289 373, 762 248, 510 00 00 54 62 00 70 12 16 11 64, 550 00 35, 650 00 12, 353 77 32, 149 43 9, 067 7, 524 2, 946 13 40 98 00 81 64, 550 00 204 05 $1, 241, 508 25 $1, 241, 508 25 Total No. 487. A LLE N STATE SAYINGS BA N K , ALLEN. Organized March 7, 1911. A . L . N o r to n , P r e s i d e n t j E dson J. B e n g e , V i c e P r e s i d e n t ; H a t t ie M . B r o c k w a y , D i r e c t o r s .— E . C. W a t k i n s , A . L . N o r t o n , E d s o n J . B e n g e , F . J . A y a r s . H a r l o V a n C. H . M ille r . C a sh ier . P a tte n , Statement October 3, 1928. Resources. Loans and discounts: Commercial ............................................ Real estate mortgages: Commercial .......................................... Savings ................................................... Bonds and securities: Commercial ............................................ Savings................................................... Due from banks in reserve cities: Commercial ............................................ Savings ................................................... Total cash on hand: Commercial ............................................ Savings ................................................... Overdrafts ................................................. Banking h ou se............................................ Furniture and fixtures.............................. Other real estate....................................... Total ................................................ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $60, 612 93 898 13 12, 920 00 Capital stock paid i n ................................... Surplus f u n d .............................................. Undivided profits, net................................... Commercial deposits subject to check. . Demand certificates of deposit.................. Savings deposits (book account)............ $20, 4, 2, 15, 43, 24, 000 000 414 701 337 878 00 00 67 61 68 35 5, 000 00 10, 000 00 6, 654 30 2, 000 00 1, 293 33 1, 000 00 63 32 4, 250 00 1, 500 00 4, 140 30 $110, 332 31 Total ................................................. $110, 332 31 STATE BA N K S OF M ICHIGAN 9 No. 232. A L M A STATE SAYINGS BANK , ALM A. Organized April 21, 1901. W il l ia m A . B a h l k e , P r e s i d e n t ; J o t h a m A l l e n , V i c e P r e s i d e n t ; K a rl R . A d a m s , C a s h i e r ; H. M . G l a s s . F . I. F u l l e r , A s s i s t a n t C a s h i e r s ; L . M . F u l l e r , A u d i t o r . D i r e c t o r s .— W i ll ia m A . B a h lk e , D a n i e l L . S k a r r a r , G e o . C. P a r s o n s , K a r l R . A d a m s , J a m e s E. M it c h e l l , J o t h a m A l l e n , M a r y C. B a h lk e , R a y b u r n B . S m it h . Statement October 3, 1928. Resources. Loans and discounts: Commercial ............................................... Savings ...................................................... Real estate mortgages: Commercial ............................................ Savings ..................................................... Bonds and securities: Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Excb. for C. H. and checks on banks in same place: Commercial .............................................. Total cash on hand: Commercial .............................................. Overdrafts ...................................................... Banking house ............................................ Furniture and fixtures................................... Other real estate.......................................... Due from banks other than in reserve cities ........................................................ Outside checks, revenue stamps and other cash items .............................................. Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $282, 203 72 91, 299 34 9, 652 41 219, 687 31 136, 155 41 74, 447 09 77, 394 70 Capital stock paid in ................................. Surplus f u n d ................................................. Undivided profits, net................................. Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject to c h e c k .... Certified ch eck s............................................ Cashier’ s checks .......................................... Savings deposits (book account)............ Savings certificates of deposit................ $50, 000 00 30, 000 00 3, 363 60 3, 500 390, 758 1 ,8 8 6 4, 318 298, 189 261, 347 00 65 88 96 19 57 35, 000 00 2, 840 80 36, 764 638 40. 000 8, 315 19, 854 38 03 00 00 16 8, 000 00 1, 112 50 $1, 043, 364 85 Total $1, 043, 364 85 10 STATE BA N K IN G D EPARTM ENT No. 233. FIRST STATE B A N K OF ALM A , A LM A Organized June 9, 1901. L estek A . S h a r p , P r e s i d e n t ; C h a s . W a s h b u r n , C a s h i e r ; J . S. K D i r e c t o r s .— L e s t e r A . S h a r p , C a r l H . J o h n D . S u lliv a n , G . S. O. W a r d , noertzer, E . S. C r a n d e l l , V i c e P r e s i d e n t s ; C a r l H . W m . M cF a d d e n , A s s i s t a n t C a s h i e r s . W a s h b u r n , C h a s . O. W a r d , E . C. C r a n d e ll, E . L . S m it h , C r is p , M a r lie S lin g lu ff , C h a s . H . G o g g in . Statement October 3, 1928. Resources. Leans and discounts: Commercial.............. Savings ..................... Beal estate mortgages: Savings ..................... Bonds and securities: Savings ..................... Due from banks in reserve cities: Commercial .............. Savings ..................... U. S. Bds. and Cert. of Ind. as legal reserve: Savings dept. only. . Exch. for C. H. and checks on banks in same place: Commercial .............. Total cash on hand: Commercial .............. Overdrafts ..................... Banking house ............ Furniture and fixtures. Other real estate......... Due from banks other than in reserve cities ....................... Customers’ bonds left with bank for safe keeping ..................... Outside checks, revenue stamps and ether cash ite m s................ Total Liabilities. Capital stock paid i n ................................... $370, 956 03 135, 454 21 428, 925 09 162, 800 00 53, 540 27 3, 015 07 99, 250 00 $100, 000 00 inn 9! 653 44 168 00 2, 160 83 284, 574 35 25, 999 79 678 97 9, 550 23 474, 602 52 354, 789 00 564, 097 50 5, 988 92 29, 969 259 25, 000 10, 000 25, 120 56 62 00 00 67 11, 645 69 564, 097 50 252 00 $1, 926, 274 63 ................... Undivided profits, net................................... Dividends unpaid ....................................... Reserved for taxes, interest, depreciation, etc........... .................................................... Commercial deposits subject to check. . . . Demand certificates of deposit................... Certified checks ............................................ Cashier’ s checks .......................................... Savings deposits (book account)............ Savings certificates of deposit..................... Customers’ bonds left with bank for safe keeping ..................................................... Total ................................................... $1, 926, 274 63 No. 437. THE ALM ONT SAVINGS BA N K , ALM ONT. Organized April 27, 1909. W . W . P ato n , P r e s i d e n t : F. P. A n drus, V i c e P r e s i d e n t ; G eo. D . H a rt, C a s h i e r : L. C. S a n d b o r n , A s s i s t a n t C a s h i e r . D i r e c t o r s .— W . W . P a t o n , T . C. T a y l o r . J r ., F . C. B a ll a r d , F . P . A n d r u s , A . H . L e e t e , G e o . D . H a r t , L . C. S a n d b o r n , F r a n k B i s h o p , M . A . C u r r ie r . Statement October 3, 1928. Liabilities. Resources. Loans and discounts: Commercial............................................... Savings ...................................................... Real estate mortgages: Commercial .............................................. Savings ...................................................... Bonds and securities: Savings ...................................................... Due from banks in reserve cities: Commercial ........................................... Savings ...................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Exch. for C. H. and checks on banks in same place: Commercial ............................................ Total cash on hand: Commercial .............................................. Savings...................................................... Overdrafts ...................................................... Banking house ............................................ Furniture andfixtures.................................... Other real estate........................... Total ..................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $96, 279 46 52, 007 86 26, 000 00 110, 633 42 53, B00 00 1 2 ,1 8 7 57 2, 083 74 Capital stock paid in ................................. Surplus f u n d ................................................. Undivided profits, net................................. Reserved for taxes, interest, depreciation, etc......................... ■..................................... Commercial deposits subject to c h e e k ... Demand certificates of deposit................... Certified ch eck s............................................ Cashier’ s checks .......................................... Savings deposits (book account).............. Savings certificates of deposit................... Bills payable .............................................. $25, 000 00 15, 000 00 110 18 345 13 6 0 ,8 2 1 29 34, 254 15 5000 3, 064 80 2 2 6 ,0 4 7 63 305 00 18, 200 00 11, 950 00 620 20 8, 543 54 3, 000 00 178 95 4, 586 22 1 ,2 2 7 22 600 00 $383,198 18 Total ................................................... $383, 198 18 STATE BA N K S OF M ICHIGAN 11 No. 169. THE A LPE N A TRUST AND SAVINGS BA N K , ALPE N A. Organized December 26, 1893. Corporate existence extended December 26, 1923. One Branch. L ee R ic h a r d s o n , P r e s i d e n t ; D . D . H a n o v e r , V i c e P r e s i d e n t ; B . H . O l d s , C a s h i e r ; H . A . D i c k e n s o n , F . C. B u r n e t t , J . F . O w e n , A s s i s t a n t C a s h i e r s ; G u v E a t o n , T r u s t O f f i c e r . D i r e c t o r s .— T lio s . M e D a d e , D . D . H a n o v e r , H . E . F l e t c h e r , W . P . H a r r i s , L e e R i c h a r d s o n , H . C . M a s t e r s . B . H . O ld s , R o b e r t P o l z i n , J a m e s B . F o r m a n , J . H . B e s s e r , J . E . R i c h a r d s , G le n n J . V a n D u s e n . Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial ............................................ $1, 065, 018 10 Savings ...................................................... 223, 524 26 Real estate mortgages: Savings ...................................................... 864, 312 03 Bonds and securities: Savings ..................................................... 1, 720, 393 13 Due from Federal Reserve bank: Commercial ............................................... 37, 958 85 Savings...................................................... 100 , 000 00 Due from banks in reserve cities: Savings ...................................................... 135, 481 69 Exch. for C. H. and checks on banks in same place: Savings ..................................................... 11,'512 29 Total cash on hand: Savings..................................................... 66, 443 06 Overdrafts ...................................................... 178 66 Banking house ............................................ 64, 427 16 Furniture and fixtures................................... 4, 472 43 Other real estate.......................................... 21, 837 39 Stock of Federal Reserve bank................ 12, 000 00 Total ................................................... $4, 327, 559 05 Capital stock paid in ................................. Surplus fund ................................................. Undivided profits, net................................... Dividends unpaid ........................................ Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject to check.. . . Demand certificates of d e p o s it............... Certified checks ............................................ Cashier’ s checks .......................................... Due to other banks and bankers.............. State moneys on deposit............................ Postal savings deposits .............................. Savings deposits (book account).............. Savings certificates of deposit................... Club savings deposits ....................... .. Other liabilities .......................................... Total $200, 000 200,000 81, 475 2, 138 00 00 47 00 77, 145 4 2 1 ,9 9 9 97, 500 390 5, 181 59, 734 25, 000 1, 761 3, 021, 644 112, 271 1 5 ,4 9 9 5, 817 23 94 00 85 44 41 00 20 48 54 25 24 $4, 327, 559 05 No. 688. PEOPLES STATE B A N K OF ALPE N A. Organized March 22, 1922. R . W . P i e p k o r n , P r e s i d e n t ; E . W . L e a v i t t , V i c e P r e s i d e n t ; C. M . E . L u n d q u i s t , C a s h i e r . D i r e c t o r s .— N . M . E d d y , W . E . W i ll ia m s , C. F . S t e e le , J r ., J . S. S z c z u k o w s k i, R . W . P i e p k o r n , F . L . O ld s , E . W . L e a v it t , W . I . F o s s , C. M . E . L u n d q u i s t , C h a s . H e r r o n , J . D . B in g h a m , J . F . B e r g . Statement October 3, 1928. Resources. Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $203, 228 82 108, 144 10 153, 708 64 269, O o Loans and discounts: Commercial ............................................... Savings ..................................................... Real estate mortgages: Savings ...................................................... Bonds and securities: Savings ............................................ Due from banks in reserve cities: Commercial .............................................. Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Exch. for C. H. and checks on banks in same place: Commercial ............................................... Total cash on hand: Commercial ............................................... Savings...................................................... Overdrafts ...................................................... Banking house ............................................ Furniture and fixtures................................. Other real estate.......................................... Customers’ bonds left with bank for safe keeping ...................................................... Outside checks, revenue stamps and other cash items ............................................... 00 20, 000 00 65, 095 02 2, 650 00 2, 541 10 Capital stock paid in ................................... Surplus f u n d ............................................ Undivided profits, net................................... Dividends un p aid.......................................... Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject to check.. . . Demand certificates of deposit................... Certified checks ............................................ Cashier’ s checks .................................. State moneys on deposit............................ Savings deposits (book account).............. Savings certificates of deposits................... Club savings deposits................................... Customers’ bonds left with bank for safe keeping ..................................................... $100, 000 00 17, 000 00 15, 359 79 30 00 3, 971 99 130, 857 09 7, 977 85 51 00 1 ,7 5 1 59 10, 000 00 5 7 2 ,3 8 0 17 46, 539 85 7, 489 67 76, 650 00 5, 000 00 34, 157 80 91 66 37, 374 34 7, 523 46 3, 808 29 76, 650 00 385 77 $990, 059 00 Total $990, 059 00 12 STATE BA N K IN G D EPARTM ENT No. 302. THE FARM ERS » STATE B A N K OF ALTO, ALTO. Organized October 18, 1904. E dson O ’ H a r r o w , P r é s i d e n t ; J n o. G. L iv in g s t o n , V i c e P r e s i d e n t ; E a r l Y . C o l b y , V ice P r e s id e n t a n d C a s h i e r ; C h a s . I. C o l b y , A s s i s t a n t C a s h i e r . D i r e c t o r s .— E d s o n O ’H a r r o w , M . D . H o y t , J n o . G . L i v i n g s t o n , E a r l V . C o lb y , J o h n E . R o c k e f e l lo w , H e n r y S la t e r , A l v i n H . B e r g y . Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial ............ Savings ................... Real estate mortgages: Commercial ............ Savings ................... Bonds and securities: Commercial ............ Savings .................. Due from banks in reserve cities: Commercial............ Savings ................... U. S. Bds. and Cert of Ind. as legal reserve: Savings dept. only. Overdrafts ................... Banking h ou se............ Furniture and fixtures. Other real estate. . . . Customers’ bonds left with bank for safe keeping ................... $61, 703 32 28, 341 04 16, 455 40 103, 748 07 28, 627 50 42, 250 00 24, 180 24 7, 931 39 16, 350 75 2, 500 1, 391 5, 500 Capital stock paid in ................................... Surplus f u n d ................................................. Undivided profits, net................................... Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject to check. . . . Demand certificates of deposit'................... State moneys on deposit............................ Savings deposits (book account)............ Savings certificates of deposit................... Customers’ bonds left with bank for safe keeping ..................................................... $20, 000 00 10, 000 00 5, 164 47 3, 61, 55, 5, 108, 9, 509 675 822 000 112 769 25 76 71 00 95 21 23, 550 00 00 78 00 61 00 23, 550 00 $362, 604 35 $362, 604 35 No. 609. AM BLE STATE BA N K , AM BLE. Organized April 16, 1917. T h o s. Skedgell, A u g u s t W a l d o , V i c e P r e s i d e n t ; C. E . B e c k l e y , C a s h i e r ; V io l a B e c k l e y , A s s i s t a n t C a s h i e r . .... D i r e c t o r s .-— N e ls P . P e t e r s o n , T h o s . S k e d g e ll, A u g u s t W a l d o , A . L . P e t e r s o n , C . E . B e c k le y . P r e s id e n t; Statement October 3, 1928. Resources. Loans and discounts: Commercial ............ Real estate mortgages: Savings ................... Bonds and securities: Commercial ............ Savings .................. Due from banks in reserve cities: Commercial ............ Savings ................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only Total cash on hand: Commercial ............ Overdrafts ................... Banking house .......... Furniture and fixtures Customers’ bonds left with bank for safe keeping ................... T o t a l ................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $95, 015 83 13, 000 00 21, 500 00 54, 000 00 2, 028 61 3, 000 00 Capital stock paid in .............................. Surplus fund ................................................. Undivided profits, net................................... Commercial deposits subject to check.. . . Demand certificates of deposit................... State moneys on deposit.............................. Savings deposits (book account)............ Savings certificates of deposit................... Bills payable ............................................... Customers’ bonds left with bank for safe keeping ..................................................... $20, 6, 2, 27, 56, 5, 47, 26, 13, 000 000 246 682 838 000 281 799 000 00 00 57 22 20 00 92 53 00 10, 550 00 5, 350 00 6, 629 28 24 72 3, 000 00 1, 300 00 10, 550 00 $215, 398 44 Total ................................................... $215, 398 44 STATE B A N K S O F M IC H IG A N 13 N o . 48. A N N ARBOR SAVINGS BANK , A N N ARBOR. Organized February 4, 1869. Reorganized November 5, 1889. Corporate existence extended November 5, 1919. One Branch. M ic h a e l J. F r it z , W a l t e r C. M a c k ., V i c e P r e s i d e n t ; W m . L . C. F r i t z , A l f r e d F . S t a e b , R o y B . I I i s c o c k , N orman A. Ot tm a r , A s s i s t a n t C a s h i e r s . P r e s id e n t; John W alz, C a sh ier ; D i r e c t o r s .— W a l t e r C. M a c k , M ic h a e l J . F r i t z , W m . L . W a lz , J o h n C. F r i t z , J o h n E . S w is h e r , R o y B . H is c o c k . Statement October 3, 1928. Resources. Loans and discounts: Commercial ............ $3, 330, 885 90 Savings..................... 1, 050, 000 00 Real estate mortgages: Commercial .............. 241, 337 34 Savings..................... 2, 037, 064 88 Bonds and securities: Commercial .............. 426, 639 26 Savings ..................... 335, 071 70 Due from banks in reserve cities : Commercial ............ 126, 576 08 Savings ..................... 205, 224 79 U. S. Bds. and Cert. of Ind. as legal reserve: 302, 700 00 Exch. for C. H. and checks on banks in same place: Commercial .............. 61, 948 63 Total cash on hand: Commercial .............. 240, 722 89 Savings ..................... 100 , 000 00 728 30 Overdrafts ..................... Banking house ............ 136, 500 00 17, 000 00 Furniture and fixtures. Other real estate.. . . 55, 571 71 Outside checks, revenue stamps and other 510 42 cash items .............. Total L Liabilities. Capital stock paid in ................................... Surplus fund .............................................. Undivided profits, net................................ Dividends unpaid ........................................ Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject to check.. Certified c h e c k s ............................................ Cashier’s checks .......................................... Due to other banks and bankers............ State moneys on d e p o s it............................ Savings deposits (book account).............. Savings certificates of deposit................... Notes and bills rediscounted................... Bills payable .............................................. $8, 668, 481 90 ................... Total ................................................... ‘ - $400, 300, 218, 3, 000 000 706 451 00 00 76 68 5, 2, 960, 2, 42, 163, 100, 3, 627, 402, 290, 150, 630 906 293 908 914 000 688 372 608 000 60 58 10 90 91 00 92 45 00 00 $8, 668, 481 90 A N N ARBOR TRUST COMPANY, A N N ARBOR. Organized April 20, 1925. L e w is M. Gram , P r e s id e n t; E arl H . Cr e s s , V i c e W m . E. B r o w n , J r . P r e s id e n t; T rea su rer. H om er L. H eath, S e c r e ta r y ; D i r e c t o r s .— O r m a n d E . H u n t , A l e x a n d e r G . R u t h v e n , L e w i s M . G r a m , E a r l H . C r e s s , H o m e r L. H e a t h , W m . E . B r o w n , J r ., P h il S. S c h u m a c h e r . Statement October 3, 1928. Resources. Collateral loans, demand............................ Loans on real estate mortgages with State Treasurer ........................................ Bonds: In office ................................................... Real estate mortgages to secure debentures Cash, ............................................................... Accrued interest and prepaid expense. . . Other assets ................................................. T o t a l ..................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $10, 000 00 73, 500 00 69, 2, 9, 3, 2, 469 000 500 558 130 361 62 00 00 02 57 50 $170, 519 71 Capital stock paid in ................................. Undivided profits ..................................... Trust deposits .......................................... Escrow deposits.......................................... Debentures................................................... Accrued interest ..................................... Other liabilities ....................................... Total ................................................. $150, 000 00 7, 344 81 556 30 4, 150 69 8, 106 00 186 26 175 65 $170, 519 71 STATE BA N K IN G D EPARTM ENT 14 N o . 26. F A R M E R S ' AND M ECH AN ICS' BA N K , AN N ARBOR. Organized October 13, 1882. Corporate existence extended October 13, 1912. One Branch. H erbert A. W il l ia m s , T. Stow e, C a ; J u n iu s E . B e a l , G e o. W . M il l e n , V i c e P r e s i d e M . E . W i l l i a m s , G . J. G e i s e l , C. A . M a u l b e t s c h , P r e s id e n t sh ier ; A s sista n t C a sh iers. n ts ; F red . . D i r e c t o r s .— D . F . S c h a ir e r , J u n iu s E . B e a l, H o r a t i o J . A b b o t t , G e o r g e J . B u r k e , C h a s . C . F r e e m a n , J a m e s F o s t e r , S liir le y W . S m it h , B u r t F . S c h u m a c h e r , G e o . W . M ille n , G . S . V a n d a w a r k e r , W . W . W a d h a m s , H e r b e r t A . W i ll ia m s , C . A . S in k , F r e d T . S t o w e . Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial............................................... $1, 687, 495 28 Savings ..................................................... 690, 295 17 Real estate mortgages: Commercial ............................................... 34, 294 43 Savings ..................................................... 852, 963 86 Bonds and securities: Savings ..................................................... 489, 678 75 Due from Federal Reserve banks: 135, 933 69 Commercial .............................................. 64, 000 00 Savings ..................................................... Due from banks in reserve cities: 170, 576 34 Commercial ............................................... 2, 555 34 Savings...................................................... Exch. for C. H. and checks on banks in same place: 53, 839 40 Commercial ............................................... Total cash on hand: 118, 305 05 Commercial .............................................. 46, 411 68 Savings...................................................... 2, 914 07 Overdrafts ..................................................... 200 , 000 00 Banking hou se.............................. ................ 59, 137 58 Furniture and fixtures................................. 11,931 88 Other real estate.......................................... Outside checks, revenue stamps and other 12, 745 29 cash items ............................................... 12, 000 00 Stock of Federal Reserve bank................ Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $4, 645, 077 81 Capital stock paid in ................................ Surplus fund ................................................. Undivided profits, net.............................. Dividends u n p aid .......................................... Commercial deposits subject to c h e c k ... Certified checks ............................................ Cashier’s checks .......................................... Due to other banks and bankers............ State moneys on deposit......................... Savings deposits (book account).............. Savings certificates of deposit'................... Club savings deposits................................... Notes and bills rediscou n ted................ Bills payable............................ .................... Total $ 2 0 0 ,0 0 0 00 200, 000 00 2 5 ,1 8 4 34 3500 1 ,6 1 8 ,5 7 1 19 1, 849 53 3 9 ,4 0 6 84 24, 200 61 100, 651 59 2 ,0 0 2 ,2 7 4 11 55, 567 07 56, 522 53 120, 815 00 2 0 0 ,0 0 0 00 $4, 645, 077 81 STATE BAN K S OF M ICHIGAN 15 No. 144. STATE SAVINGS BA N K OF AN N ARBOR, AN N ARBOR. Organized September 5, 1892. Corporate existence extended September 5, 1922. C. W . G i l l , C h a i r m a n o f t h e B o a r d . F . Z im m e r m a n , R . A . B e a l , V i c e P r e s i d e n t s j H . F . G r o s s , D. P. M cA u l if f e , A s s i s t a n t C a s h i e r . D i r e c t o r s .— C. W . G ill, W m . A r n o l d , J o h n K o c h , C h r i s t ia n M a r t in , E . F . M ills , D . F . Z im m e r m a n , A . R . P e t e r s o n , G e o . J . M a n n , C h a s . W . W a g n e r , J o h n M . F e in e r , A r t h u r B r o w n , J o h n L i n d e n s c h m i t t , M . J . C a v a n a u g h , R . B . C a n fie ld , C. J . W a lz , C h a s . F . K y e r , C. J. W alz, D. P r e s id e n t: C a sh ier ; Edw. W. S t a e b le r . Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial ....................................... $ 1 ,4 9 6 ,8 4 4 99 1 8 1 ,0 5 0 00 Savings ................................................. Real estate mortgages: Commercial .............................................. 74, 930 41 Savings..................... ............................... 1, 520, 333 95 Bonds and securities : Commercial............................................... 383, 922 50 Savings...................................................... 1, 360, 541 25 Due from Federal Reserve bank: Commercial .............................................. 114, 152 18 Savings ..................................................... '9 6 , 000 00 Due from banks in reserve cities: Commercial .......................................... 29, 936 13 120, 327 25 Savings ..................................................... Exch. for C. H. and checks on banks in same place: Commercial .............................................. 24, 899 30 Total cash on hand: Commercial .......................................... 50, 769 33 Savings .................... 21, 547 27 Overdrafts ..................................................... 789 80 Premium account.......................................... 900 76 Banking h ou se.............................................. 75, 000 00 Furniture and fixtures................................... 16, 789 13 Other real estate........................................ 28, 046 74 Outside checks, revenue stamps and other cash ite m s ................................................. 1, 915 75 Stock of Federal Reserve bank.............. 21, 000 00 Customers’ acceptances and letters of 12, 795 00 credit .................... Total ................................................... $5, 632, 491 74 Capital stock paid in ................................... Surplus fund .............................................. Undivided profits, net................................. Dividends unpaid ....................................... Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject tocheck. . . . Certified ch e ck s ............................................ Cashier’ s checks .......................................... Due to other banks andbankers............... State moneys on deposit............................ Postal savings deposits................................ Savings deposits (book account).............. Savings certificates of deposit.................. Customers’ acceptances and letters of credit ........................................................ $400, 000 00 300, 000 00 116, 520 06 128 00 2, 343 1, 415, 638 2, 061 8, 197 27, 676 150, 000 2 ,1 2 6 3 ,0 4 4 ,3 1 7 150, 687 53 49 27 65 44 00 84 25 21 12, 795 00 $5, 632, 491 74 Total No. 512. THE STATE B A N K OF APPLEGATE, APPLEGATE. Organized September 5, 1912. A l b e r t E . S l e e p e r , P r e s i d e n t ; J o h n P . N i g g e m a n , J r ., V i c e P r e s i d e n t ; W a lt e r C a l k in s , C a s h i e r ; I. M . S h e r m a n , A s s i s t a n t C a s h i e r . D i r e c t o r s .— A l b e r t E . S le e p e r . J o h n S c h o e t t l e , J o h n P . N ig g e m a n , J r ., W a l t e r C a lk in s , Robert Murray. Statement October 3, 1928. Liabilities. Resources. Loans and discounts: Commercial .............................................. Real estate mortgages: Savings ..................................................... Bonds and securities: Commercial .............................................. Savings .............. ...................................... Due from banks in reserve cities: Commercial .............................................. Savings ...................................................... U S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only ................................ Total cash on hand: Commercial ............................................... Overdrafts ..................................................... Banking h ou se............................................... Furniture and fixtures................................ Other real estate.......................................... Customers’ bonds left with bank for safe keeping ..................................................... Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $69, 876 15 31, 574 26 38, 476 50 2, 000 00 12, 113 06 2, 000 00 1 , , $20, 000 00 4, 000 00 694 88 31, 360 11 79, 534 99 207 52 16,910 84 19, 498 32 4, 000 00 1,450 00 3, 000 00 150 00 5, 030 337 3, 800 2, 211 10, 637 1 Capital stock paid in ................................. Surplus fund ............................................... Undivided profits, net......... ; ....................... Commercial deposits subject to check. . . . Demand certificates of deposit................... Cashier’s checks .......................................... Savings deposits (book account).............. Savings certificates of deposit................... Bills paya ble................................................. Customers’ bonds left with bank for safe keeping ..................................................... Other liabilities .......................................... 44 74 00 30 21 450 00 $180, 656 66 Total $180, 656 66 16 STATE BAN K IN G D EPARTM ENT No. 627. THE AR CAD IA STATE SAVINGS BAN K , ARCAD IA. Organized March 12, 1919. P r e s i d e n t ; D . A . J a m i e s o n , V i c e P r e s i d e n t ; H a r v e y G r u n d , Cashier; E m m a I. M a l l is o n , A s s i s t a n t C a s h i e r . D i r e c t o r s .— L u t h e r L . F i n c h , D . A . J a m ie s o n , A . J. M a r t in e a u , H a r v e y G r u n d , J oh n M . M ason. L u t h e r L. F in c h , Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Total $18, 224 88 18, 578 76 1, 375 00 45, 201 23 15, 065 47 5, 950 52 1. 734 87 11, 028 83 4, O O OO Commercial ................ ............................ Savings Real estate mortgages: Commercial ....................... Savings ............................ Bonds and securities : Commercial ................ S avings............................ Due from banks in reserve cities Commercial ....................... Savings ............................ U. S. Bds. and Cert, of Ind. as legal reserve : Savings dept, only ... Total cash on hand: Commercial ....................... Savings ......................-. . Overdrafts ............................... Banking house ..................... Furniture and fixtures.. Other real estate.................. Customers’ bonds left with bank for safe keeping . . . . $20,000 Q0 3, 300 00 689 96 200 96 29 2 9 2 ,2 4 8 02 73, 699 16 2, 0 7 8 5 4 5, 950 00 00 1, 436 60 1, 000 00 152 81 2, 500 00 1, 500 00 565 00 5, 950 00 $135, 063 97 ............................ Capital stock paid in ................................. Surplus fund .............................................. Undivided profits, net................................. Dividends unpaid ........................................ Reserved for taxes, interest, depreciation, etc. .......................................................... Commercial deposits subject to ch e ck ... Savings deposits (book account)............ Savings certificates of deposit................... Customers’ bonds left with bank for safe keeping ..................................................... Total $135, 063 97 No. 468. THE A R M A D A STATE BA N K , ARM ADA. Organized November 10, 1910. S a b i n I . S t u m p , P r e s i d e n t j W i l l i a m C . B o t t o m l e y , J a m e s E . L a w s o n , Vice Presidents; J a s . E . N e e l y , A s s i s t a n t C a s h i e r j M a r g a r e t K l o e f f l e r , Auditor. D i r e c t o r s .— S a b in I . S t u m p , J. E . L a w s o n , G . H . H e b b le w h it e , W i ll ia m C . B o t t o m l e y , O r v y H u le t t , E . E . R o g e r s , H . P . B a r r i n g e r , H e n r y 'P r a t t , J a m e s E . N e e ly . Statement October 3, 1928. Resources. Loans and discounts: Commercial ............................................... Savings ..................................................... Real estate mortgages: Commercial .............................................. Savings ..................................................... Bonds and securities: Savings ............................. Due from Federal Reserve bank: Commercial ............................................ Savings ..................................................... Due from banks in reserve cities: Savings ..................................................... Exch. for C. H. and checks on banks in same place: Commercial ............................................... Savings ..................................................... Total cash on hand: Commercial .............................................. Savings ..................................................... Overdrafts ..................................................... Banking house ............................................ Furniture and fixtures............................ . Customers’ bonds left with bank for safe keeping ..................................................... Outside checks, revenue stamps and other cash items .............................................. Stock of Federal Reserve bank................ Total ................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $144, 757 73 103, 969 76 10, 317 00 259, 525 50 94, 000 00 12, 389 02 14, 000 00 Capital stock paid in ................................. Surplus fund ............................................... Undivided profits, net................................... Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject to ch e ck ... Demand certificates of deposit................... Savings deposits (book account).............. Notes and bills rediscounted..................... Customers’ bonds left with bank for safe keeping ..................................................... $25, 000 00 25, 000 00 16, 230 62 4, 000 1 1 0 ,2 8 7 32, 396 451, 538 15, 043 00 63 35 44 95 650 00 2, 458 48 157 12 100 2,627 9,754 674 18, 000 5, 362 32 70 46 00 90 650 00 200 1, 500 00 $680, 146 99 Total $680, 146 99 STATE BA N K S OF M ICHIGAN 17 No. 473. THE F A R M E R S ’ STATE B A N K OF AR M A DA , ARM ADA. Organized December 4, 1910. F. H . W o l c o t t , P r e s i d e n t ; S. B . A n d e r s o n , J. D . S i m m o n s , V i c e P r e s i d e n t ; C h a r l e s J. K e s n e r , C a s h i e r ; F r a n k A . P r ie s t a p , A s s i s t a n t C a s h i e r . D i r e c t o r s .— F . H . W o l c o t t , W e s le y A . D u d le y , S. B . A n d e r s o n , C h a s . F . B r o c k m a n , J . D . S im m o n s , U r ia l I l u l e t t , C h a s . J . K e s n e r , A . P . H a g a m a n , J o h n T . L u n g e r h a u s e n . Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial .............................................. Savings ...................................................... Real estate mortgages: Commercial .............................................. Savings ...................................................... Bonds and securities: Savings ..................................................... Due from Federal Reserve bank: Commercial ............................................ Savings ...................................................... Due from banks in reserve cities: Savings ...................................................... Exch. for C. H. and checks on banks in same place: Commercial ............................................... Total cash on hand: Commercial ............................................ Savings ..................................................... Overdrafts ...................................................... Banking house ............................................ Furniture and fixtures................................ Customers’ bonds left with bank for safe keeping ...................................................... Outside checks, revenue stamps and other cash ite m s ................................................. Stock of Federal Reserve bank................. Total ................................................... $101, 756 80 44, 807 26 6, 230 00 139, 299 73 45, 300 00 7, 477 21 7, 385 54 Capital stock paid in ................................... Surplus fund .............................................. Undivided profits, net................................. Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject to check.. Demand certificates of deposit................... Cashier’ s checks .......................................... Savings deposits (book account).............. Customers’ bonds left with bank for safe keeping ..................................................... $25, 000 00 12, 500 00 10, 102 27 77, 7, 1, 246, 200 147 386 226 184 00 19 75 13 88 4, 500 00 8, O il 83 314 66 1 ,3 2 5 8, 000 626 5, 000 3 ,0 0 0 75 00 77 00 00 4, 500 00 61 67 1, 150 00 $384, 247 22 Total ................................................... $384, 247 22 No. 582. FIRST STATE BA N K , ASHLEY. Organized January 28, 1916. A . G . A l d r i d g e , P r e s i d e n t ; C. M . C a r r a n , V i c e P r e s i d e n t ; G . A . L e w i s , C a s h i e r ; E velyn G age, A s s i s t a n t C a s h ie r . D i r e c t o r s .— A . G . A l d r i d g e , G . A . L e w is , C. M . C a r r a n , J . E . T h u r m a n , G e o r g e R e e b . Statement October 3. 1928. Liabilities. Resources. Loans and discounts: Commercial . .......................................... Real estate mortgages: Savings ...................................................... Bonds and securities: Commercial.......................................... Savings ...................................................... Due from banks in reserve cities: Commercial ............................................... Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reservei Savings dept, only................................. Total cash on hand: Commercial ............. Banking house ...................... Furniture and fixtures................................. Other real estate.......................................... Customers' bonds left with bank for safe keepin g...................................................... T o t a l ........................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $ 1 5 6 ,1 0 5 58 28, 255 50 28, 000 00 54, 300 00 Capital stock paid in ................................... Surplus fund ............................................... Undivided profits, net................................. Commercial deposits subject tocheck. . . Demand certificates of deposit................... Savings deposits (book account).............. Customers’ bonds left with bank for safe keeping ...................................................... $20, 4, 1, 88, 138, 106, 000 000 509 894 624 055 00 00 18 81 03 49 5, 650 00 42, 784 67 28, 000 00 1, 200 00 7 ,7 5 2 9, 419 1, 966 1 ,3 0 0 76 00 00 00 5, 650 00 $ 3 6 4 . 733 51 Total ................................................... $364, 733 51 18 STATE BA N K IN G D EPARTM ENT N o . 414. ATHENS STATE BA N K , ATHENS. Organized November 28, 1908. ; F r an k W o l f , A . E. U nderw ood, V i c e P r e s i d e n t s ; F ran k E. E st e s, C a s h ie r . D i r e c t o r s .-— F r a n k G . W o o d r u f f, F r a n k W o l f , F . H . L e e , C. D . C u tle r , L . E . W o o d , F r a n k E . E s t e s , S. W . L e h r , C. F . G r ill, Z . F . W h e e le r , C. G . B u r n s . F r a n k G. W o o d r u ff, P r e s id e n t Statement October 3, 1928. Resources. Loans and discounts: Commercial .............................................. Savings ..................................................... Real estate mortgages: Savings ..................................................... Bonds and securities: Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Savings ................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only ................................. Total cash on hand: Commercial .............................................. Savings ..................................................... Overdrafts ..................................................... Banking hou se............................................... Furniture and fixtures................................. Other real estate....................................... Customers’ bonds left with bank for safe keeping ....................... ............................. Total ................................................... Liabilities. $114, 414 04 43, 018 72 122, 075 03 76, 498 00 5, 246 69 21, 620 6b Capital stock paid in ................................ Surplus fu n d ................................................. Undivided profits, net................................. Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subjectto check.. . . Demand certificates of deposit.................... Certified checks ........................... Savings deposits (book account)............ Savings certificates of deposit................... Customers’ bonds left with bank for safe keeping ..................................................... $40, 000 00 10, 000 00 6, 744 83 950 00 80, 216 42 3, 644 64 100 00 194, 483 85 74, 055 45 600 00 15, 150 00 3, 000 00 3, 099 22 8 96 4, 000 00 1 , 000 00 1 , 063 87 600 00 Total $410, 795 19 $410, 795 19 N o . 418. THE PEOPLE »8 STATE SAVINGS BA N K , AUBURN. Organized January 6, 1909. C. W . M c P h a i l , P r e s i d e n t j C. H , M a c o m b e r , V i c e P r e s i d e n t j W m . J . B i e r d , V i c e P r e s i d e n a n d A u d i t o r ; B. W . G il l m a n , C a s h i e r ; C lara M . A ppo l d , A s s i s t a n t C a s h i e r . D i r e c t o r s .-— -C. W . M c P h a i l , C. H . M a c o m b e r , W . J . B ie r d , J o s . B ie r d , B . W . G illm a n . t Statement October 3, 1928. Resources. Loans and discounts: Commercial ................... Savings ..................... Real estate mortgages: Commercial .............. Savings ..................... Bonds and securities: Commercial .... Saving .............................. Due from banks in reserve cities : Commercial.............. Savings ..................... U. S. Bds. and Cert. of Ind. as legal reserve : Savings dept. only. . Total cash on hand: Commercial .............. Savings ..................... Overdrafts ..................... Banking house ............ Furniture and fixtures. Other real estate................ Customers’ bonds left with bank for safe keeping . ................... Outside checks, revenue stamps and other cash items .............. Total . ................. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $38, 532 34 47, 168 63 3, 816 67 134, 529 89 6. 500 00 53, 100 00 25, 650 43 6, 353 09 Capital stock paid in ................................. Surplus f u n d ................................................. Undivided profits, net................................ Reserved for taxes, interest, depreciation, etc................................................................ Commercial depositssubject tocheck . . . Cashier’ s checks .......................................... Savings deposits (book account).................. Savings certificates of deposit.................. Customers’ bonds left with bank for safe keeping ..................................................... $20, 000 00 5, 000 00 398 89 6, 62, 3, 266, 198 004 093 100 735 65 09 28 46 05 1, 400 00 12, 900 00 4, 063 86 5, 000 00 27 19 2, 200 00 1, 500 00 22, 146 60 1, 400 00 41 72 $364, 930 42 Total ................................................... $364, 930 42 STATE BA N K S OF M ICHIGAN 19 No. 522. AU GRES STATE BA N K , AU GRES. Organized December 4, 1912. R . L . S p r o u l e , P r e s i d e n t ; H . C. N o g g l e , V i c e P r e s i d e n t ; T h e o . E . R e i c h l e , C a s h i e r . D i r e c t o r s .— R . L . S p r o u le , A l b e r t a C o le , H . C. N o g g le , T h e o . E . R e ic h le , C a r r ie G . N o g g le . Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial ................................................. Savings ................................................... Real estate mortgages: Savings ...................................................... Bonds and securities: Savings ..................................................... Due from banks in reserve cities: Commercial ............................................... Savings ..................................................... U S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Total cash on hand: Commercial .............................................. Savings ..................................................... Overdrafts ...................................................... Expenses, interest and taxes paid exceed ing earnings ............................................ Banking house ............................................ Furniture and fixtures................................. Other real estate ....................................... Total ................................................... $50, 785 25 9. 152 33 39, 362 50 18, 850 00 Capital stock paid in ................................. Surplus fund ................................................ Commercial deposits subject to check.. . Savings deposits (book account)............ Savings certificates of deposit................... Notes and bills rediscounted........................ Bills payable ............................................... $20, 8, 45, 37, 42, 5, 2, 000 000 363 898 079 670 275 00 00 94 80 17 27 00 8. 675 98 9, 500 00 3, 750 00 2, 468 44 , 000 00 645 79 1 841 4, 700 , 515 10, 040 1 86 00 00 03 $161, 287 18 Total $161, 287 18 No. 420. THE STATE B A N K OF AUGUSTA, AUGUSTA. Organized February 8, 1909. C h a s . F. M oreau, P r es id e n t a n d W m . G. C a s h i e r ; E. M. A s sista n t H orton, Cadw a lea d e r , V ice P r es id e n t; C a sh ier . D i r e c t o r s .— C h a s . F . M o r e a u , A . U . K in g , E . M . C a d w a lla d e r , T . A . A l d r i c h , E . L. Hursley, P le r b e r t B u r d ic k , C. L . A l d r i c h . Statement October 3, 1928. Resources. Loans and discounts: Commercial.............................................. Savings ..................................................... Real estate mortgages: Commercial .............................................. Savings ..................................................... Bonds and securities: Commercial .............................................. Savings ..................................................... Due from banks in reserve cities: Commercial ............................................... Savings ...................................................... Ü. S. Bds. and Cert, of Ind. as legal reserve: Savings dept only................................... Total cash on hand: Commercial ............................................... Savings ...................................................... Overdrafts ..................................................... Banking hou se............................................... Furniture and fixtures................................. Total ................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $58, 486 19 22, 750 00 1, 827 10 67, 926 18 Capital stock paid in ................................. Surplus f u n d ................................................. Undivided profits, net................................. Commercial deposits subject to check. . Savings deposits (book account)............ Savings certificates of deposit'................. $20, 5, 1, 66, 96, 30, 000 000 881 350 584 251 00 00 75 88 70 30 2, 000 00 16, 500 00 8, 150 86 25, 003 07 6, 250 00 2, 139 58 2, 000 00 485 65 3, 800 00 2 f 750 00 $220, 068 63 Total $220, 068 63 20 STATE BA N K IN G D EPARTM ENT No. 236. STATE B A N K OF F R A N K W. HUBBARD & CO., BAD A X E . Organized June 30, 1901. P r e s id e n t; J o h n R y a n , J a m e s L . B u r g e s s , J o s . N . R a n k i n , Vice O s c a r R o g e r s , C a s h i e r ; M a r t i n G. S n i d e r , A s s t . C a s h i e r ; J o s . R . H a r r is , A u d i t o r . D i r e c t o r s .— F r a n k W . H u b b a r d , J o h n R y a n , J o s . N . R a n k in , J a m e s L . B u r g e s s , O s c a r R o g e r s , F. L a n gd on H u bbard. F rank, W . H ubbard, P r e s id e n ts ; Statement October 3, 1928. Besources. Liabilities. Loans and discounts: .......................................... Commercial Savings ..................................................... Real estate mortgages: Commercial ........................................... Savings ................................................ Bonds and securities: Commercial .......................................... Due from banks in reserve cities: Commercial ............................................ Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Exch. for C. H. and checks on banks in same place: Commercial .......................................... Total cash on hand: Commercial .......................................... Overdrafts ..................................................... Banking hou se............................................... Furniture andfixtures................................... Other real estate.......................................... Outside checks, revenue stamps and other cash items ................................... Total $ 473, 661 88 54, 658 67 1 7 ,9 6 2 55 251, 181 14 143, 005 00 95, 522 36 24. 943 73 64, 067 50 Capital stock paid in ................................ Surplus fund ............................................... Undivided profits, net.............................. Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject to check. . . . Demand certificates of deposit................. Certified checks .......................................... Cashier’ s checks .......................................... State moneys on deposit............................ Savings deposits (book account). . . . . . . Savings certificates of deposit..................... Other liabilities ........................................ $30, 000 00 20, 000 00 31, 399 49 14, 887 353, 508 314, 016 1, 043 1 ,9 7 2 5, 000 343, 048 52, 304 10, 351 60 32 71 10 76 06 28 13 88 2, 076 01 10, 390 1 ,3 1 2 25, 000 8, 000 4, 922 33 33 00 00 12 828 65 $1, 177, 532 27 Total $1, 177, 532 27 No. 237. STATE SAYINGS B A N K OF BAD A X E , BAD AXE. Organized June 22, 1901. A lbert E. Sleeper, ; J a m e s B a l d w i n , V i c e P r e s i d e n t ; J a p h e t h H i n d , Cashier; G ordon W a l k e r , A s s i s t a n t C a s h i e r . S le e p e r , J a m e s B a ld w i n , C. D . T h o m p s o n , C l a r a B a ld w in , J a p h eth H in d . P r e s id e n t D i r e c t o r s .— A l b e r t E. Statement October 3, 1928. Resources. Loans and discounts: Commercial ............................................... Savings ..................................................... Real estate mortgages: Commercial ............................................... Savings ................................................... Bonds and securities: Savings ...................................................... Due from banks in reserve cities: Commercial ............................................... Savings ...................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only ................................. Exch. for C. H. - and checks on banks in same place: Commercial ............................ .................. Total cash on hand: Commercial .............................................. Savings ..................................................... Overdrafts ................................... ................. Banking house ............................................ Furniture and fixtures................................ Other real estate.......................................... Customers’ bonds left with bank for safe keeping ..................................................... Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $342, 034 38 4, 491 25 12, 739 68 242, 706 39 96, 988 73 53, 511 35 59, 000 24 Capital stock paid in ................................. Surplus f u n d ................................................. Undivided profits, net................................ Commercial deposits subjectto check.. . . Demand certificates of deposit.................... Certified ch e ck s............................................ Savings deposits (book account).............. Savings certificates of deposit................... Customers’ bonds left with bank for safe keeping..................................................... $25, 10, 9, 258, 145, 000 000 144 084 825 304 2 7 5 ,2 1 3 145, 675 00 00 07 77 20 50 00 68 5, 000 00 12, 500 00 8, 781 89 15, 002 31 5, 202 07 205 33 8, 750 00 1, 500 00 5, 833 60 5, 000 00 $874, 247 22 Total $874, 247 22 STATE 21 B A N K S O F M IC H IG A N No. 757. *LAK E COUNTY STATE BA N K , BALDW IN. Organized August 27, 1928. C. W . M c P h a i l , P r e s i d e n t ; R . J. S m i t h , V i c e P r e s i d e n t ; H . J . H o l l i s t e r , C a s h i e r ; A . L . B rad fo rd, J. I. P o s t e r , A s s i s t a n t C a s h i e r s . D i r e c t o r s .— C. W . M c P h a i l , R . J . S m it h , H . J. H o ll i s t e r , R . J . B r a d f o r d , R a y T r u c k s . *C om m en ced b u s in e s s N o v e m b e r 13, 1928. No. 387. THE STATE EXCHANGE BAN K , BANCROFT. Organized April 17, 1906. E. E. H a r r i s , P r e s i d e n t ; H e n r y P e a c h , J . C. S i m o n s o n , V i c e P r e s i d e n t s ; H . W . P a r k e r , C a s h i e r ; B . W . B r o c k w a y , M r s . II. W . P a r k e r , A s s i s t a n t C a s h i e r s . D i r e c t o r s .-— T . M . E u le r , H . W . P a r k e r , E . E . H a r r is , I r a H e m p s t e d , B . W . B r o c k w a y , J. C. S im o n s o n , H e n r y P e a c h , G e o r g e C. H a r d e r , G e o . W . S y m e s . Statement October 3, 1928. Resources. Loans and discounts: Commercial ............................................... Real estate mortgages: Commercial .............................................. Savings ................................................... Bonds and securities: Commercial ............................................... Savings ..................................................... Due from banks in reserve cities: Commercial ............................................... Savings ...................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................. Total cash on hand: Commercial ............................................... Overdrafts ..................................................... Banking hou se........................................... Other real estate.......................................... Customers’ bonds left with bank for safe keeping...................................................... Outside checks, revenue stamps and other cash items .............................................. Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $82, 181 68 1 ,3 3 2 28 I l l , 451 57 19, 000 00 38, 250 00 30, 924 51 20, 723 09 Capital stock paid in ................................. Surplus fund .............................................. Undivided profits, net................................... Dividends unpaid ....................................... Commercial deposits subject to check. . . . Demand certificates of deposit................... Savings deposits (book account)............ Savings certificates of deposit..................... Bills payable ............................................... Customers’ bonds left with bank for safe keeping ................................................... $20, 000 00 5, 000 00 577 42 350 00 54, 880 98 100, 645 88 60, 273 16 92, 833 56 2,000 00 3, 000 00 12, 950 00 6, 379 415 3 ,5 0 0 8, 760 66 78 00 63 3, 000 00 691 80 $339,561 00 Total $339, 561 00 22 STATE BA N K IN G D EPARTM ENT No. 62. W EST M ICHIGAN SAVINGS BA N K , BANGOR. Organized April 8, 1880. Corporate existence extended April 8, 1911. Ch a s. E. Cross, P r e s i d e n t ; B M . S h e r r o d , W . M . B r o a d w e l l , V i c e P r e s i d e n t s : O r r in .N. C r o s s , C a s h i e r ; E a r l J . L o v e l a n d , A s s i s t a n t C a s h i e r . W . M . B r o a d w e l l, B . M . S h e r r o d , W . L . H a m il t o n , O lia G o s s D e H a v e n C h a s E l i e b e c c a P a u s n a u g li, L e w i s M c K i n n e y , E . A . B u r g e r , H a r r y T . B ig e l o w . D ir e c t o r s . C ross, Statement October 3, 1928. Eesources. Loans and discounts: Commercial.......... Savings ..................... Real estate mortgages: Commercial ................ Savings ........................... Bonds and securities: Commercial ................ Savings ..................... Due from banks in reserve cities: Commercial ................ Savings .......................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only......... Total cash on hand: Commercial ................ Overdrafts ............................ Banking house ................ Furniture and fixtures. . . . Other real estate................ Customers’ bonds left with bank for safe keeping ............................ Outside checks, revenue stamps and other cash items ..................... Total ................................................... Liabilities. $218, 753 67 65, 614 44 1 , 925 65 310, 753 22 299, 312 58 49, 765 00 91, 841 72 50, 000 00 64, 750 00 21, 122 554 12, 500 1 , 000 2, 611 Capital stock paid in ........................... Surplus fund ............................................... Undivided profits, net................................. Reserved for taxes, interest, depreciation, etc. ............................................................ Commercial deposits subject' to check.. . . Demand certificates of deposit................... Certified checks ............................................ Postal savings deposits.............................. Savings deposits (book account)............ Savings certificates of deposit................ Club savings deposits................................... Customers’ bonds left with bank for safe keeping...................................................... $50, 000 00 50, 000 00 40, 202 73 20, 000 00 320, 726 97 225, 507 69 1 00 5 76 2 7 1 ,1 6 6 87 204, 747 43 8, 225 60 58, 340 00 60 62 00 00 61 58, 340 00 78 94 $1, 248, 924 05 Total ................................................... $ 1, 248, 924 05 No. 742. STATE SAVINGS BAN K , BANNISTER. Organized April 1, 1927. T . P . S t e a d m a n , P r e s i d e n t ; W . A . O b e r l i n , V i c e P r e s i d e n t ; C. D . B a t e s , C a s h i e r . D i r e c t o r s .— T . P . S t e a d m a n , C. D . B a t e s , H . J . S m it h , W . A . O b e r lin , W . S. L u s k . Statement October 3, 1928. Resources. Loans and discounts: Commercial ............ Real estate mortgages: Savings ................... Bonds and securities: Commercial .......... Savings ............................ Due from banks in reserve cities : Commercial ............ Savings ................... U. S. Bds. and Cert. of Ind. as legal reserve: Savings dept. o n ly .. Total cash on hand: Commercial ............ Savings ................ Overdrafts ................... Premium account . . . Expenses, interest and taxes paid exceeding earnings ............ Banking house............. Furniture and fixtures Customers’ bonds left ■ with bank for safe keeping .................... Total ................. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $67, 150 11 23, 816 53 29, 000 00 22, 000 00 29, 382 73 2, 500 00 Capital stock paidi n ............................... Surplus fu n d ................................................. Reserved for taxes, interest, depreciation, etc................................................................. Commercial depositssubject to c h e c k .... Demand certificates of deposit................ Cashier’ s checks .......................................... Savings deposits (book account).............. Customers’ bonds left with bank for safe keeping ...................................................... $ 2 0 ,0 0 0 00 4, 000 00 760 4 1 ,4 4 3 70, 230 2, 194 51, 560 50 38 43 48 35 1 0 ,1 0 0 00 3, 800 00 2, 764 1 , 000 70 171 43 00 45 50 133 39 5, 000 00 2, 400 00 1, 10, 100 00 $200, 289 14. Total ................................................... $200, 289 14 STATE BA N K S OF M ICHIGAN 23 No. 458. THE B A R K RIV E R STATE BAN K , B A R K RIVER. Organized August 13, 1910. J. B . F r e c h e t t e , P r e s i d e n t ; M . B. H a r r is , V i c e P r e s i d e n t ; E . J. B e r g m a n , C a s h i e r . D i r e c t o r s .— J . B . F r e t c li e t t e , M . B . H a r r i s , J. H . B o y le , E . J. B e r g m a n , B e n j. J . D o u g la s . Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial .............................................. Savings ..................................................... Real estate mortgages: Savings ..................................................... Bonds and securities: Savings ..................................................... Due from banks in reserve cities: Commercial ............................................... Savings ...................... (J. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Total cash on hand: Commercial ............................................... Savings ..................................................... Overdrafts ..................................................... Banking house ........................................... Furniture and fixtures................................. Other real estate.......................................... Due from banks other than in reserve c it i e s .......................................................... Total ................................................... $83, 463 85 17, 600 00 67, 079 98 46, 400 00 Capital stock paid in ................................. Surplus fund .............................................. Undivided profits, net................................. Commercial deposits subject to check.. . . Demand certificates of deposit......... .. Cashier’ s checks .......................................... Savings deposits (book account)............ $20, 000 29, 000 4, 587 51, 802 1 3 ,3 5 1 3, 210 148, 162 00 00 51 95 58 30 33 16, 795 31 10, 000 00 4, 850 00 6, 380 26 5, 130 00 472 99 1, 612 89 2, 287 53 2, 751 75 5, 290 11 $270, 114 67 Total ................................................... $270, 114 67 No. 661. BARODA STATE BANK, BARODA. Organized June 28, 1920. K . E . S u t h e r l a n d , P r e s i d e n t ; F r a n k B i h l m i r e , V i c e P r e s i d e n t ; R ic h a r d R . T o l l i s , C a s h i e r . D i r e c t o r s . — K . E . S u t h e r la n d , E . A . B o a l, A . C. M ille r , W . A . H a t c h , J . J . T h e is e n . Statement October 3, 1928. Liabilities. Resources. Loans and discounts: Commercial ............................................... Beal estate mortgages: Commercial ............................................... Savings ..................................................... Bonds and securities: Commercial ............................................... Savings ..................................................... Due from banks in reserve cities: Commercial ............................................... Savings ..................................................... Total cash on hand: Commercial ............................................ Savings ..................................................... Overdrafts ..................................................... Banking house ............................................ Furniture and fixtures................................. Other real estate.......................................... Customers’ bonds left with bank for safe keeping ..................................................... Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $114, 634 25 2, 195 49 26, 800 00 13, 210 00 14, 000 00 29, 336 63 5, 000 00 4, 002 1 , 000 812 11, 000 6, 057 2, 000 1 , Capital stock paid in ......................... $20, 000 00 Surplus fund .............................................. 2, 000 00 341 34 Undivided profits, net................................... Reserved for taxes, interest, depreciation, etc................................................................ 160 00 Commercial deposits subject to check. . 86, 973 85 Cashier’ s checks .................. 5, 764 38 Time commercial certificates of deposit.. 53, 114 03 Savings deposits (book account)............. 61, 695 57 Customers’ bonds left with bank for safe keeping ...................................................... 1, 050 00 67 00 76 00 37 00 050 00 $231, 099 17 Total $231, 099 17 24 STATE BAN K IN G D EPARTM ENT No. 394. THE BARRY TON STATE SAVINGS BAN K , BARRYTON. Organized March 9, 1908. W. T . L a f l i n , P r e s i d e n t ; J a c o b O t t e r b e i n , V i c e P r e s i d e n t ; O. S. W o o d , C a s h i e r F r a n k W i l s o n , O . S. W o o d , J r ., A s s i s t a n t C a s h i e r s . D i r e c t o r s .— J . B . S o p e r , O. S. W o o d , W . T . L a flin , J a c o b O t t e r b e in , O. S. W o o d , J r . ; Statement October 3, 1928. Resources. Loans and discounts: Commercial . . Savings .......................... Real estate mortgages: Savings .......................... Ronds and securities: Savings ..................... Due from banks in reserve cities : Commercial ..................... Savings .......................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only......... Total cash on hand: Commercial ..................... Overdrafts ............................ Banking h ouse..................... Furniture and fixtures. . . . Other real estate................ Customers’ bonds left with bank for safe keeping ............................ Total .......................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $80, 920 78 43, 761 29 58, 453 06 51, 500 00 5, 542 99 14, 000 00 Capital stock paid in ................................ Surplus f u n d ................................................. Undivided profits, net................................. Commercial deposits subject to check. . Certified checks .......................................... Cashier’ s checks .......................................... Savings deposits (book account)............ Savings certificates of deposit................ Customers’ bonds left with bank for safe keeping ..................................................... $25, 5, 9, 77, 000 000 560 356 19 695 111, 751 56, 602 00 00 38 18 69 13 60 95 6, 270 00 11, 500 00 5, 897 39 8, 930 2, 414 3, 025 88 31 73 21 68 6, 270 00 $292, 255 93 Total $292, 255 93 STATE B A N K S OF M ICHIGAN 25 No. 178. THE M E R C A N TS’ TRUST AND SAVINGS BAN K , BATTLE CREEK. Organized March 20, 1895. Corporate existence extended March 20, 1925. One Branch. A . M. M in t y , C h a ir m a n o f B o a r d . R . F . H o f f m a s t e r , V i c e P r e s i d e n t ; L oren J. K u e h n l e , V i c e F red W e l l s , V i c e P r e s i d e n t a n d T r u s t O f f i c e r ; E . W . G oo ld, C. L . P a l m e r , A u d i t o r : E . B . L i n c o l n , M a n a g e r B o n d D e p a r tm e n t; E . S. L e a n , M a n a g e r I n d u s t r i a l B r a n c h . D i r e c t o r s .— A . M . M in t y , L . M . T u r n e r , R . F . H o ff m a s t e r , F r a n k H . B o o s , L o r e n J . K u e h n le , C. R . B r e w e r , F . S. S t e r l in g , F r e d W e lls , A E . M a c G r e g o r , J o s . C. G r a n t , H . A . R o w l e s , E. D . A u s t i n , M . S. G o r d o n . C h a s . S. J o n e s , I . K . S t o n e . H. A. Row les, P r es id e n t a n d A s sista n t P r e s id e n t; C a sh ier ; C a sh ier : Statement October 3, 1928. Liabilities. Resources. Loans and discounts: Commercial ............................................ $1, 312, 272 34 Savings ..................................................... 699, 277 58 Real estate mortgages: Commercial .............................................. 32, 570 00 Savings...................................................... 1, 165, 238 90 Bonds and securities: Commercial ............................................... 437, 717 15 Savings ..................................................... 326, 756 48 Due from banks in reserve cities: Commercial ............................................... 186, 243 06 Savings ................................................... 143, 874 46 U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only..................................... 50, 000 00 Exch. for C. H. and checks on banks in same place: Savings ..................................................... 46, 744 36 Total cash on hand: Commercial............................................... 83, 758 84 66, 967 35 Savings ..................................................... Overdrafts ..................................................... 948 67 Banking house ......................................... 93, 280 00 Furniture and fixtures................................ 36, 977 64 Other real estate.......................................... 1, 131 48 Outside checks, revenue stamps and other cash items ............................................... 70 00 Trust department: Cash and due from banks in reserve cities 30, 913 08 Total ................................................... $4, 714, 741 39 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Capital stock paid in ................................. Surplus f u n d ................................................. Undivided profits, net................................. Dividends unpaid ........................................ Commercial deposits subject to check. . . . Demand certificates of deposit................ Certified checks .......................................... Due to other banks and bankers............ State moneys on deposit.......................... Savings deposits (book account)............ Trust department: Trust deposits— totals................................. Total $250, 000 00 125, 000 00 59, 204 27 4500 1, 240, 137 40 659, 888 72 7, 983 46 57, 259 00 10, 000 00 2 ,2 7 4 ,3 1 0 46 30, 913 08 ................................................... $4, 714, 741 39 26 STATE BA N K IN G D EPARTM ENT No. 63. THE B A Y CITY BAN K , B A Y CITY. Organized September 4, 1871. Corporate existence extended September 4, 1901. Two Branches. G eo. H . Y oung, J a m e s E . D u f f y , J o h n C. R o s s , V i c e P r e s i d e n t s : D a v i d M i l l e r , C a sh ier s J. I. P . S h e a r e r , J. D . K in n e y , J. f . A s m a n , C a sh ier s ; T. W . N onenpreger, A u d i t o r . D i r e c t o r s .— G e o . H . Y o u n g , J a m e s E . D u ff y , D a v id M il l e r , N o r r i s R . W e n t w o r t h , J o h n C. R o s s , C a r r o ll, \V in d ia t e , E . W i ls o n , C r e s s y , L . F a y T y l e r , M . S e t h B a b c o c k , C h a s . A . C o r y e ll, O t t o F . L o u is , M a y n a r d L . S m it h . V ice P r es id e n ts P r es id e n t a n d A ssista n t Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial.............................................. $ 1, 202, 100 95 Savings ................................................... 1, 232, 267 64 Real estate mortgages: Commercial ............................................... 36, 650 00 464, 976 29 Savings ................................................... Bonds and securities: Commercial ............................................... 105, 900 00 Savings ....... ........................................... 2, 526, 916 49 Due from Federal Reserve bank: Commercial ............................................... 80, 000 00 Savings .................................................. . 176, 751 47 Due from banks in reserve cities: Commercial ............................................... 14, 617 70 Savings ..................................................... 488, 365 65 U. S. Bds. and Cert, of Ind. as legal reserve: 3 2 7 ,6 0 0 00 Savings dept. o n l y . . . ............................ Exch. for C. H. and checks on banks in same place : Commercial .............................................. 17, 091 91 Total cash on hand: Commercial ......................... 8 1 ,9 7 1 20 Savings ...................................................... 84, 897 05 Overdrafts ..................................................... 1, 509 13 350, 000 00 Banking h ouse............................................ Furniture and fixtures................................. 59, 500 00 Other real estate.......................................... 9 ,1 0 8 85 Customers’ bonds left with bank for safe keeping...................................................... 118, 650 06 Outside checks, revenue stamps and other cash items ............................................... 3, 705 91 Stock of Federal Reserve bank................. 21, 000 00 Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $7, 403, 580 24 Capital stock paid i n ................................... Surplus fund ............................................... Undivided profits, net................................... Dividends unpaid ........................................ Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject to check.. . . Demand certificates of deposit................ Certified checks ............................................ Cashier’s checks .......................................... Due to other banks and bankers................. State moneys on deposit............................ Postal savings deposits................................. Savings deposits (book account).............. Savings certificates of deposit................ Club savings deposits................................... Customers’ bonds left with bank for safe keeping ..................................................... Total $400, 000 00 300, 000 00 149, 509 55 3600 30, 832 1, 154, 661 28, 500 7, 656 12, 292 83, 355 50, 000 .2 , 562 4, 4 8 1 ,1 2 1 477, 939 106, 463 00 69 00 57 29 93 00 13 65 07 36 118, 650 00 $7, 403, 580 24 STATE B A N K S OF M ICHIGAN 27 No. 43. THE B A Y COUNTY SAYINGS BANK , B A Y CITY. Organized February 1, 1884. Corporate existence extended February 1, 1914. Four Branches. W m . L . C l e m e n t s , P r e s i d e n t ; A . E . B o u s f i e l d , F . T . N o r r i s , O. E . S o v e r e i g n , I r v i n g H . B a k e r , V i c e P r e s i d e n t s ; W . E . C a r t e r , T r e a s u r e r ; G . A . H e l m r e i c h , W . S. D i c k e n , A s sista n t T rea su rers. D i r e c t o r s .— A . E . B o u s fie ld , F . T . N o r r is , D . L . G a lb r a it h , F . W . B r a d le y , E . S. C la r k , C. F. H u t c h in g s , I r v i n g H . B a k e r , W m . L . C le m e n t s , S. P . C r a n a g e , W . E . C a r t e r , O . E . S o v e r e ig n , H . S. S m it h , G e o . D . J a c k s o n , F . B . W a r d , W i l l a r d H . D o w , F . W . A t k in s . Statement October 3, 1928. Resources. Loans and discounts: Commercial .............. Savings ..................... Real estate mortgages: Commercial ............ Savings..................... Bonds and securities: Commercial ............ Savings..................... Due from banks in reserve cities: Savings ..................... U. S. Bds. and Cert. of Ind. as legal reserve: Savings dept. only. . Exch. for C. H. and checks on banks In same place: Commercial .............. Total cash on hand: Commercial .............. Savings ..................... Overdrafts ..................... Banking house ............ Furniture and fixtures. Other real estate............ Customers’ bonds left with bank for safe keeping..................... Outside checks, revenue stamps and other cash items .............. Total Liabilities. Capital stock paid in ................................... $261, 127 03 1, 317, 172 37 85, 963 43 1, 037, 571 55 Due to other banks and bankers............ 347, 346 18 200, 582 68 Time commercial certificates of deposit. . Savings deposits (book account)............ Savings certificates of deposit................... Club savings deposits................................... Customers’ bonds left with bank for safe 16, 496 69 91, 126, 1. 161, 51, 39, 260 713 540 352 380 547 000 000 286 895 00 00 33 00 66, 000 00 814, 832 91 541 47 14, 668 25 51, 566 15 25, 000 00 247, 262 04 5, 615, 880 27 100 00 128, 080 25 1. 207, 165 82 2, 714, 673 79 35, 700 00 33 95 57 97 97 30 35, 700 00 2, 217 04 $7, 697, 812 67 ................... $400, 275, 20; 2, Undivided profits, net................................ Dividends unpaid ........................................ Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject to check. . . . Total ................................................... $7, 697, 812 67 NORTHERN TITLE AND TRUST COMPANY, B A Y CITY. Organized March 24, 1919. J a s . E . D a v i d s o n , P r e s i d e n t s J o h n C. R o s s , W m . F . J e n n i s o n , V i c e P r e s i d e n t s ; G eo. E. W e d t h o f f , S e c r e t a r y a n d T r e a s u r e r . D i r e c t o r s .— J a m e s E . D a v id s o n , J o h n C. R o s s , W m . F . J e n n is o n , G e o . E . W e d t h o f f, L . J . W e a d ock , J oh n L . S to d d a rd , H o w a r d L . S h a w , Jas. R . W a tro u s, G. W . A m es, G eo. H . Y o u n g , W . O. C lift, F . C. F in k e n s ta e d t, W a lt e r N . W ra p e , M . S e th B a b c o ck . Statement October 3, 1928. Liabilities. Resources. Collateral loans: Time .................................................. Demand ................................................... Loans on real estate mortgages: In o f fic e ................................................... With State Treasurer............................ Bonds: In office ........................................ Stocks ............................................................ Other investments ....................................... Advances to Trusts....................................... Furniture and fixtures................................... Due from approved reserve agents............ Due from other banks and bankers,......... Outside checks and cash item s.......... . Cash ............................................................... Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $91, 866 67 31, 602 05 14, 76, 63, 15, 51, 000 00 739 95 916 77 812 50 295 18 992 03 100 6 ,1 7 6 1 7 1, 790 28 1, 153 58 72 51 $342, 818 69 Capital stock paid in. Surplus f u n d ................. Undivided profits . . . . Reserve for taxes, etc. Trust deposits.............. Bills payable................ Other liabilities .......... Total $150, 000 00 30, 000 00 11, 259 36 473 88 75, 284 97 74, 000 00 1, 800 48 $342, 818 69 28 STATE BA N K IN G D EPARTM ENT No. 30. THE P E O P L E ’S COMMERCIAL AND SAVINGS BA N K , B A Y CITY. Orgainzed August 15, 1888. Corporate existence extended August 15, 1917. One Branch. J a m e s E . D a v id s o n , P r e s i d W atrou s, V i c e P r e s i d e n t en t j an d G u y H . M q u l t i i r o p , J a s . I i. T a n n e r , V i c e P r e s i d e n ; C. H . C o o k , R . E . G r a v e s , G. H . W a t r o u s , C a sh ier ts ; J. R . A s sista n t C a sh ier s. D i r e c t o r s .— J . C. W e a d o c k , J . R . W a t r o u s , G u y H . M o u l t h r o p , J. A . J o h n s o n , G e o . B . J e n n is o n , J a m e s E . D a v id s o n , J a m e s R . T a n n e r , C. H . C o o k , L . J . W e a d o c k , F . C. F in k e n s t a e d t , C. C. W h i t n e y , J a m e s D a v id s o n , W . N . W r a p e , E u g e n e H . S m it h , G . A . T o m l in s o n , C. A . B i g e l o w , C h a r le s C o r y e ll, F . D . J o h n s o n . Statement October 3, 1928. Resources. Loans and discounts: Commercial ............................................ $1, 904, 740 18 Sayings ................................................... 2, 584, 336 94 Real estate mortgages: Commercial ..................................... 4 8 ,7 3 2 78 Savings ................................................... 1, 088, 929 53 Bonds and securities: Commercial ............................................... 1, 137, 486 35 Savings ................................................... 3, 189, 398 75 Due from Federal Reserve bank: Commercial ............................................... 130, 541 53 Savings .................................. 242, 731 47 Due from banks in reserve cities: Commercial ................................... 64, 970 20 Savings ....................... 1 9 4 ,9 1 0 60 Exch. for C. H. and checks on banks in same place : Commercial ............................................ 9 ,4 8 1 05 28, 443 16 Savings ..................................................... Total cash on hand: Commercial ............................................... 43, 581 14 Savings ...................................................... 130, 743 41 Overdrafts ...................................................... 689 22 Banking house ............................................ 148, 000 00 Furniture and fixtures................................ 4 ,1 0 0 00 Other real estate.......................................... 2, 596 54 Customers’ bonds left with bank for safe keeping ..................................................... 1, 512, 100 00 Outside checks, revenue stamps and other cash items ............................................... 2, 619 16 Stock of Federal Reserve bank................ 36, 000 00 Customers’ acceptances and letters of credit ............................. 6, 809 61 Total ................................................... $12, 511, 941 62 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. Capital stock paid in ................................. Surplus fund ................................................. Undivided profits, net................................. Dividends unpaid ........................................ Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject to check.. Certified checks ............................................ Cashier’s checks ........................................ Due to other banks and bankers............ State moneys on deposit.......................... Time commercial certificates of deposit. . Savings deposits (book account)............ Savings certificates of deposit................... Customers’ bonds left with bank for safe keeping ..................................................... Customers’ acceptances and letters of credit ........................................................ Total $400, 800, 143, 3, 000 000 298 426 00 00 37 00 34, 874 1, 4 3 4 ,6 3 9 39, 559 45, 260 79, 178 50, 000 295, 419 4, 946, 322 2, 721, 053 69 67 56 52 01 00 27 17 75 1, 512, 100 00 6, 809 61 .................................................$ 1 2 ,5 1 1 ,9 4 1 6 2 STATE BA N K S OF M ICHIGAN No. 513. THE STATE B A N K OF BEAVERTON, BEAVERTON. Organized September 25, 1912. 29 R o n a l d R o s s , P r e s i d e n t ; L . D . W h i t e , V i c e P r e s i d e n t ; V e r n e M . G e ig e r , C a s h i e r ; D o n a ld G. R o s s , A s s i s t a n t C a s h i e r . D i r e c t o r s .— F . A . N ig g e m a n , R o n a ld R o s s , L . D . W h i t e , M . B . N ig g e m a n , J . C . M u s s e r . Statement October 3, 1928. Resources. Loans and discounts: Commercial.............. Savings ..................... Real estate mortgages: Commercial ............ Savings ..................... Bonds and securities: Savings..................... Due from banks in reserve cities: Commercial .............. U. S. Bds. and Cert. of Ind. as legal reserve: Savings dept, only. . Exch. for C. H. and checks on banks in same place : Commercial .............. Total cash on hand: Commercial .............. Savings ..................... Overdrafts ................. Banking house ............ Furniture and fixtures. Other real estate......... Customers’ bonds left with bank for safe keeping ..................... Outside checks, revenue stamps and other cash items .............. Other assets ................. Total Liabilities. $166, 636 54 5, 176 40 21, 263 93 28, 496 43 9, 750, 00 10, 221 60 Capital stock paid in ................................... Surplus f u n d ................................................. Commercial deposits subject to check.. . . Demand certificates of deposit................ Savings deposits (book account) ............ Notes and bills rediscounted..................... Bills payable .............................................. Customers’ bonds left with bank for safe keeping ..................................................... Other liabilities .......................................... 000 000 196 361 180 187 940 271 940 00 00 85 27 48 91 88 19 00 1, 400 00 9, 740 00 200 00 310 71 2, 801 77 2, 000 00 938 08 5, 500 00 3, 967 73 30, 107 73 1, 400 00 372 93 2, 074 73 $291. 218 58 ................... $30, 10, 9, 103, 39, 3, 51, 3, 29, N o. Total ................................................... $291, 218 58 2. THE BELDING SAVINGS BA N K , BELDING. Organized January 7, 1889. Corporate existence extended January 7, 1918. H. J. L eonard, D i r e c t o r s .— H . ; F . N . B e l d i n g , V i c e P r e s i d e n t ; W . S. L a m b e r t s o n , C a s h i e r ; J. F. TI i g b e e , A s s i s t a n t C a s h ie r . L e o n a r d , F . N . B e ld in g , M . M . B e ld in g , E . C . L l o y d , W . S . L a m b e r t s o n , W . J. J o n e s . P r es id e n t J. Statement October 3, 1928. Resources. Loans and discounts: Commercial ............................................... Savings ................................................... Real estate mortgages: Commercial ............................................... Savings ................................................... Bonds and securities: Commercial .............................................. Savings ...................................................... Due from banks in reserve cities: Commercial ............................................... Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................. Total cash on hand: Commercial ....................................... Savings ..................................................... Overdrafts ..................................................... Banking house ............................................ Furniture and fixtures............................. Other real estate.......................................... Customers’ bonds left with bank for safe keeping ...................................................... Outside checks, revenue stamps and other cash items ............................................. Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $90, 207 21 88, 670 01 18, 450 00 175, 856 41 76, 024 14 196, 536 90 31, 005 87 55, 587 04 Capital stock paid in ................................. Surplus f u n d ................................................. Undivided profits, net................................... Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subjectto c h e c k .... State moneys on deposit....................... .. Savings deposits (book account).............. Savings certificates of deposit.................... Club savings deposits................................. Customers’ bonds left with bank for safe keeping ..................................................... $50, 000 00 15, 000 00 17, 010 02 5, 575 73 182, 449 38 113 97 3 3 8 ,2 7 0 92 170, 922 76 6, 801 90 17, 800 00 28, 650 00 2, 661 56 10, 000 00 158 25 3, 300 00 3 ,0 2 0 76 5, 281 34 17, 800 00 735 19 $803, 944 68 Total $803, 944 68 STATE B A N K IN G D EPARTM ENT 30 N o . 159. THE PE O PLE 'S SAYIN GS B A N K OF BELDING, BELDING. Organized April 26, 1893. Corporate existence extended April 26, 1923. B r i n t o n F . H a l l , P r e s i d e n t ; F r a n k R . C h a s e , V i c e P r e s i d e n t j A m b r o s e W . S p e n c e r , Cashier; S u m n e r H . W i l s o n , A n n a R . L a r s e n , A s s i s t a n t C a s h i e r s ; L e n a R . W a i t e , Auditor. D i r e c t o r s . B r i n t o n F . H a ll , F r a n k R . C h a s e , J n o . G . H e s s le r , G e o . W . M o u lt o n , A m b r o s e W. Sp en cer. Statement October 3. 1928. Resources. Loans and discounts: Com m ercial.............. Savings ................... Real estate mortgages: Commercial.............. Savings ..................... Bonds and securities: Commercial.............. Savings .......................... Due from banks in reserve cities : Commercial .............. Savings ..................... U. S. Bds. and Cert. of Ind. as legal reserve: Savings dept, only. Exch. for C. H. and checks on banks in same place : Commercial .............. Total cash on hand: Commercial .............. Savings ..................... Overdrafts ..................... Banking house ............ Furniture and fixtures. Other real estate................ Customers’ bonds left with bank for safe keeping .......................................... Outside checks, revenue stamps and other cash items .............. Total ..................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $163, 933 41 123, 099 91 13, 600 00 188, 235 52 161, 306 30 122, 152 69 56, 247 70 8, 365 44 Capital stock paid in ................................. Surplus fund ............................................... Undivided profits, net................................... Dividends unpaid ........................................ Reserved for taxes, interest, depreciation, etc......................................................., . . . Commercial deposits subject to check. . . . Demand certificates of deposit................... Certified checks ............................................ Savings deposits (book account).............. Savings certificates of deposit..................... Club saving deposits ....................... Customers’ bonds left with bank for safe keeping ..................................................... $40, 000 00 10, 000 00 10, 497 64 378 00 14, 414 94 235, 214 39 162, 264 36 527 10 347, 418 08 85, 033 24 15, 199 25 160, 170 00 35, 000 00 1, 085 98 15, 036 43 12, 000 00 319 48 4, 213 37 7, 580 00 8, 632 26 160, 170 00 138 51 $1, 081, 117 00 Total ................................................... $1, 081, 117 00 STATE BAN K S OF M ICHIGAN 31 No. 347. THE B E LLA IR E STATE BAN K , BELL AIRE. Organized August 18, 1906. C. C . P o t t e r , P r e s i d e n t ; G . W . B e c h t o l d , V i c e P r e s i d e n t ; W . H . R i c h a r d s , C a s h i e r ; H. H. B ech told, A s s i s t a n t C a s h ie r . D i r e c t o r s .— G . W . B e c h t o l d , W . H . R i c h a r d s , C. C P o t t e r , H . II. B e c h t o l d , M a x i B e c h t o l d . Statement October 3, 1928. Liabilities. Resources. Loans and discoûnts: Commercial ............................................ Savings ...................................................... Real estate mortgages: Commercial .............................................. Savings ..................................................... Bonds and securities: Commercial .............................................. Savings .................................................. Due from banks in reserve cities: Commercial .............................................. U. S. Bds. and Cert, of Ind. as legal r6serv6* Savings dept, only................................... Total cash on hand: Commercial ............................................... Savings ............. Overdrafts ..................................................... Banking h ou se.................................... Furniture and fixtures................................. Other real estate....................................... Customers’ bonds left with bank for safe keeping ............................. Outside checks, revenue stamps and other cash items ............................................... Total ................................................... $111, 143 98 13, 687 50 705 88 34, 201 35 11, 565 00 42, 137 50 Capital stock paid in ................................. Surplus fund ............................................... Undivided profits, net................................. Commercial deposits subject to check.. . Demand certificates of deposit................... Cashier’ s checks .......................................... Savings deposits (book account).............. Customers’ bonds left with bank for safe keeping ..................................................... $20, 000 7, 000 3 ,1 0 1 103, 110 20, 806 2, 461 108, 133 00 00 73 91 54 49 31 44, 200 00 15, 690 23 13, 500 00 7, 362 39 3, 000 00 82 95 5, 000 00 3, 000 00 3, 265 15 44, 200 00 272 05 $308, 813 98 Total ................................................... $308, 813 98 No. 527. THE P E O P L E ’ S STATE BA N K OF BELLEVILLE. Organized January 24, 1913. F r a n k l in L . R ob b e , ; I r v in g H . R ig g s , V i c e H e n r y R . D e e r in g , A s s i s t a P r es id e n t P r e s id e n t; n t C a sh ier . F rank H. Clark , C a sh ier ; D ir e c t o r s .— F r a n k li n L . R o b b e , I r v i n g H . R i g g s , F r a n k H . C la r k , J e n n y C. W i ls o n , G e n e v ie v e C la r k . Statement October 3, 1928. Liabilities. Resources. Capital stock paid in ................................. Loans and discounts: Savings ....................... ____ $141, 964 77 49, 200 00 ____ ____ 6, 336 59 335, 836 62 ____ 237, 500 00 Real estate mortgages: Savings ................ •.......... Bonds and securities: Due from banks in reserve cities : ____ Savings ............................ U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only......... Total cash on hand: Commercial ................... . Savings ............................ Banking house ................... Furniture and fixtures.. . Other real estate................. Total ..................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 87, 189 54 63, 797 03 ____ 1 7 ,3 5 0 00 ____ ____ ____ 15, 25, 10, 6, 7, 088 000 000 000 000 Undivided profits, net.............................. Dividends unpaid ..................................... Commercial deposits subject to check.. Demand certificates of deposit................ Certified checks ........................................ Savings deposits (book account)............ Savings certificates of deposit................... Other liabilities ........................................ . $20, 000 00 40, 000 00 7, 418 35 40 00 156, 756 86 3, 049 74 314 65 691, 917 02 77, 766 30 5, 000 00 37 00 00 00 00 ____ $1, 002, 262 92 Total ......................................... . $1, 002, 262 92 STATE BA N K IN G D EPARTM ENT 32 No.. 548. THE BELLEVU E STATE BA N K , BELLEVUE. • Organized April 16, 1914. F . A . B r o w n , P r e s i d e n t s A l l e n H a v e n s , V i c e P r e s i d e n t ; C. D . K i m b e r l y , C a s h i e r ; M . H . K im b e r l y , A u d i t o r . D i r e c t o r s .— F . A . B r o w n , W . C. D y e r , F . S. A l l e n , C h a r le s H . L e g g e , L . E . H a ig h t , J o h n S h a r k e y , A l l e n H a v e n s , C. D . K im b e r l y , V o l n e y O . J o h n s o n , R . M . F r u in . Statement October 3, 1928. Resources. Loans and discounts: Commercial ............................................... Savings ...................................................... Real estate mortgages: Savings ..................................................... Ronds and securities: Commercial ............................................... Savings ..................................................... Due from banks in Reserve Cities: Commercial .............................................. Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Exch. for C. H. and checks on banks in same place: Commercial .............................................. Total cash on hand: Commercial ............................................... Savings ..................................................... Overdrafts ..................................................... Banking house ............................................ Furniture and fixtures................................. Outside checks, revenue stamps and other cash items ............................................... Total ................................................... Liabilities. $145, 494 56 31, 055 00 76, 056 54 17, 088 33 305, 375 67 Capital stock paid in ................................... Surplus fund .............................................. Undivided profits, net..................... ........... Commercial deposits subject' to check. . . . Demand certificates of deposit.. . . . . . . Certified ch eck s............................................ Savings deposits (book account)................... $20, 000 20, 000 7 ,4 5 2 139, 926 49, 720 144 488, 306 00 00 92 48 94 20 51 32, 000 59 29, 819 30 45, 000 00 3, 373 01 15, 166 23 1, 000 00 352 28 20, 000 00 3, 734 60 34 94 $725, 551 05 Total $725, 551 05 No. 598. F A R M E R S ’ STATE BAN K , BELLEVUE. Organized June 22, 1917. P h i l H . Q u i c k , C h a s . H . Y o r k , M . J . R e i d , Vice Presidents; O l iv e r J. C a r r o l l , C a s h i e r ; O. E . W a l c o t t , A u d i t o r . D i r e c t o r s .— W . F . S h a le r , B e r t C a r r o l l , C h a r le s H . Y o r k , M . J . R e id , P h i l H . Q u ic k , M a t h e w S h ilt s , L e w i s J . D a n n , O liv e r J . C a r r o ll, D . G . C r o n k , O . E . W a l c o t t . W. F. Shaler, P r e s id e n t; Statement October 3, 1928. Resources. Loans and discounts: Commercial .............................................. Savings ................................................. Real estate mortgages: Commercial .............................................. Savings ..................................................... Bonds and securities: Commercial .............................................. Savings ..................................................... Due from Federal Reserve bank: Commercial............................................... Savings ..................................................... Due from banks in reserve cities: Commercial ............................................... Savings ..................................................... Total cash on hand: Commercial ............................................... Savings...................................................... Overdrafts ..................................................... Banking house ............................................ Furniture and fixtures................................... Customers’ bonds left with bank for safe keeping.................... Stock of Federal Reserve bank................ Total ................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $25, 380 20 33, 300 22 5, 543 79 25, 146 15 23, 879 72 33, 096 05 Capital stock paid in ................................... Surplus f u n d ................................................. Undivided profits, net................................... Commercial deposits subject to check.. . . Savings deposits (book account)............. Savings certificates of deposit............... Club savings deposits ................................. Customers' bonds left with bank for safe keeping ..................................................... $25, 5, 1, 43, 95, 11, 2, 000 000 378 238 409 203 567 00 00 78 83 12 17 90 1, 050 00 1 ,2 8 8 73 6, 600 00 3, 013 03 5, 496 52 1 ,7 2 0 6, 000 132 8, 800 3, 500 55 00 84 00 00 1, 050 00 900 00 $184, 847 80 Total ................................................... $184, 847 80 33 STATE BAN K S OF M ICHIGAN No. 219. THE BENTON HARBOR STATE BANK , BENTON HARBOR. Organized November 9, 1899. H . D . P oo le, P r e s i d e n t ; D . B. Su t h e r l a n d , F . L . B rad fo rd, V i c e P r e s i d e n t ; M. P . R e s c h , C a s h i e r ; O. G. B r e w it z , A s s i s t a n t C a s h i e r . D i r e c t o r s .— I I . D . P o o l e , C. A . C o n k e y , L . F . S u t h e r la n d , F . L . B r a d f o r d , M . P . R e s c h , D. B . S u t h e r la n d , W m , W a l la c e , E . C. B o w l b y , I . W . C o n k e y , E . L e o n a r d S m it h . Statement October 3, 1928. Resources. Loans and discounts: Commercial ............................................... Savings ..................................................... Real estate mortgages: Commercial .............................................. Savings ................................................ Bonds and securities : Savings ..................................................... Duo from Federal Reserve bank: Commercial.............................................. Savings ..................................................... Due from banks in reserve cities: Commercial .......................................... Exch. for C. H. and checks on banks in same place: Commercial............................................... Total cash on hand: Commercial .............................................. Savings ..................................................... Overdrafts ..................................................... Banking house .......................................... Furniture andfixtures.................................... Other real estate.......................................... Stock of Federal Reserve bank.............. Total Liabilities. $689, 668 76 43, 338 00 83, 603 61 3 8 9 ,3 0 2 00 436, 351 00 6 0 ,9 1 7 20 27, 000 00 Capital stock paid in ................................... Surplus fund ................................................. Undivided profits, net................................. Commercial deposits subject to ch eck.. . . Demand certificates of deposit................ Certified checks .......................................... Postal savings deposits................................. Time commercial certificates of deposit. . Savings deposits (book account).............. Savings certificates of deposit................... Club savings deposits................................ $100, 75, 28, 615, 32, 3, 000 000 010 309 216 463 279 275, 235 906, 180 2, 078 13, 680 00 00 67 56 07 00 78 12 82 00 75 161, 764 14 1 5 ,4 1 5 10 25, 10, 1, 50, 16, 35, 5, 505 000 463 000 143 731 250 29 00 69 00 52 46 00 . . . . ' .......................................... $2, 051, 453 77 Total ................................................... $2, 051, 453 77 No. 561. BE RRIEN COUNTY BANK, BENTON HARBOR. Organized January 5, 1915. C. K. M i n a r y , P r e s i d e n t ; G e o . S. B a r n a r d , V i c e P r e s i d e n t ; J a m e s M . R o s e , C a s h i e r ; II. T . E l d r i d g e , A s s i s t a n t C a s h i e r . D i r e c t o r s .— C. K . M in a r y , J a m e s M . R o s e , C h a r le s N . S o w e r s , G e o r g e S. B a r n a r d , W . H . W a n a m a k e r , J o e S. M in a r y , W . II. B a k e r , M . G . S t o u c k , C h a r le y H a n d y . Statement October 3, 1928. Liabilities. Resources. Total ................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $399, 185 22 128, 880 15 13, 200 29 70, 500 00 106, 873 75 162, 870 75 31, 911 05 62, 716 99 24, 400 00 Capital stock paid in ................................ Surplus f u n d ................................................. Undivided profits, net................................. Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject to check. . . . Certified ch eck s............................................ Cashier’ s checks .......................................... Due to other banksand bankers............... Time commercial certificates of deposit.. Savings deposits (book account)............ Savings certificates of deposit................... Club savings deposits ................................. Customers’ bonds left with bank for safe keeping ..................................................... Other liabilities .......................................... $50, 000 00 50, 000 00 5, 480 73 5, 476 399, 654 5 ,1 0 1 7, 732 2, 715 1 2 6 ,5 1 1 446, 085 135 13, 147 18 00 01 13 94 81 26 00 63 8, 400 00 377 40 12, 181 28 28, 876 21 10, 000 00 293 58 940 66 39, 500 32 18, 455 17 1, 566 72 8, o o Loans and discounts: Commercial ............................................... Savings ..................................................... Real estate mortgages: Commercial ............................................... Savings ...................................................... Bonds and securities: Commercial .............................................. Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Savings . . . . . * .......................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Exch. for C. H. and checks on banks in same place: Commercial .............................................. Total cash on hand: Commercial ............................................... Savings ..................................... ................ Overdrafts ...................................................... Premium account ........................................ Banking house ............................................ Furniture and fixtures................................. Other real estate............................................ Customers’ bonds left with bank for safe keeping ...................................................... Outside checks, revenue stamps and other cash items ............................................... 00 64 95 L, 120, 817 09 Total $1, 120, 817 09 34 STATE BAN K IN G D EPARTM ENT No. 710. B E R K LE Y STATE BA N K , BERK LEY. Organized February 16, 1924. E l b e r t H . F o w l e r , P r e s i d e n t ; E l m e r D . C r o m ie , H . A . O ’D e l l , V i c e P r e s i d e n t s ; F. E van H erd m an , C a s h i e r . D i r e c t o r s .— E l b e r t H . F o w l e r , E l m e r D . C r o m ie , R u s s e l l A . M u r d o c h , E r n e s t O . K n ig h t , D a n ie l L . F o w l e r . F r a n k J . K n ig h t , W m . A . S t e a r n s , H . A . O ’ D e ll, P a u l W . V o o r h e i s , E a r l H. Shedd, J. J. L ev y . Statement October 3, 1928. Resources. Loans and discounts: Commercial .......................................... Savings ..................................................... Real estate mortgages: Commercial.............................................. Savings ..................................................... Bends and securities: Savings .................. .............................. Due from banks in reserve cities: Commercial .......................................... Savings ..................................................... Exch. for C. H. and checks on banks in same place: Com m ercial.............................................. Total cash on hand: Commercial .............................................. Savings ...................................................... Overdrafts ..................................................... Premium account ........................................ Banking house ............................................ Furniture and fixtures................................. Other real estate.......................................... Due from banks other than in reserve cities ................................................... . Customers’ bonds left with bank for safe keepin g..................................................... Liabilities. SI 41, 641 81 72, 673 79 7, 500 00 42, 021 21 60, 270 00 32, 021 78 19, 485 58 Capital stock paid in ................................. Surplus fund .............................................. Undivided profits, net................................ Commercial deposits subject to check. . . Certified checks ................................... Cashier’ s checks ..................................... Savings deposits (book account) Savings certificates of deposit..................... Club savings deposits ................................. Customers’ bonds left with bank for safe $25, 000 5, 000 1 , 516 209, 485 542 5, 332 117, 777 40, 550 3, 130 00 00 07 49 94 30 59 00 33 26, 000 00 617 34 7, 000 00 379 42 128 9, 500 7, 138 914 1 , 46 20 25 00 86 44 6, 000 00 26, 000 00 S434. 334 72 Total ................................................... * 4 3 4 .3 3 4 72 No. 416. THE BE RRIEN SPRINGS STATE BA N K , BE RRIEN SPRINGS, Organized October 21, 1908. W m . H . S y l v e s t e r , P r e s i d e n t j I r a It. S t e m m , E . F . G a r l a n d , V i c e P r e s i d e n t s ; G. L . V a l e n t in e , V i c e P r e s i d e n t a n d , C a s h i e r ; W . F . S h u l t z , A s s i s t a n t C a s h i e r . D i r e c t o r s .— W m . H . S y l v e s t e r , I r a R . S te m m , J a m e s D . B o o n e , E . F . G a r la n d , W m . S h e ffie ld , J . N . K lo c k , C. M . N ile s , G e o . R . D a t e r , G . L . V a le n t in e . E. Statement October 3, 1928. Liabilities. Resources. Loans and discounts: Commercial ............................................. Savings ................................................... Real estate mortgages: Commercial ............................................... Savings ..................................................... Bonds and securities: Commercial .............................................. Savings........... . ........................................ Due from banks in reserve cities: Commercial ............................................... Savings ...................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only.................................... Exch. for C. H. and checks on banks in same place: Commercial ............................................... Total cash on hand: Commercial ............................................ Overdrafts ..................................................... Premium account............................................ Banking house ........................................ Furniture and fixtures................................ Other real estate........................................ Outside checks, revenue stamps and other cash ite m s ................................................. Total ................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $272, 957 76 87, 679 24 21, 319 09 166, 533 68 6, 875 00 98, 060 60 Capital stock paid in ................................. Surplus fund ................................................. Undivided profits, net................................ Commercial deposits subject to check. . . . Demand certificates of d e p o s it ............. Certified ch e ck s............................................ Savings deposits (book account)............ Savings certificates of deposit................... $20, 15, 4, 317, 84, 2, 313, 120, 000 000 107 586 003 844 469 319 00 00 15 88 34 75 98 34 108, 125 20 10, 000 00 70, 371 89 1, 081 95 2 1 ,3 3 1 152 892 9, 500 1, 000 1, 425 32 95 99 00 00 00 24 77 $877, 331 44 Total ................................................... $877, 331 44 S T A T E 'B A N K S OF M ICHIGAN 35 No. 500. THE PEOPLE »S STATE BANK , BESSEMER. Organized March 22, 1912. Charles V ice E. Steven s, P r es id e n t an d M aza n ac , A u d i t o r . D i r e c t o r s .— J a c o b P r e s id e n t C a sh ier ; ; J. St a n l e y R u m m a g e , V i c e P r e s i d e n t • M . A . H a g e r m a n , C. L . S w a n s o n , G . L . M a z a n e c , A s s i s t a n t C a s h i e r s ; A . A . G o ld m a n , J o s e p h O c h is , J. S t a n le y R u m m a g e , M . A . H a g e r m a n , A. A . M a za n e c, C h as. E . S tev en s. Statement October 3, 1928. Resources. Loans and discounts: Commercial .............. Savings..................... Real estate mortgages: Commercial .............. Savings ..................... Bonds and securities: Commercial.............. Savings ..................... Due from banks in reserve cities: Commercial .............. U. S. Bds. and Cert. of Ind. as legal reserve : Savings dept, only. Exch. for C. H. and checks on banks in same place: Commercial .............. Total cash on hand: Commercial .............. Savings ..................... Overdrafts ..................... Banking house ............ Furniture and fixtures. Other real estate......... Outside checks, revenue stamps and other cash items .............. Liabilities. $251. 483 16 140, 129 21 5, 080 00 129, 810 16 37. 769 29 85, 059 74 19, 412 99 Capital stock paid in ................................. Surplus fund ................................................ Undivided profits, net................................. Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject to check.. . . Cashier’ s checks ....................................... U. S. Government deposits....................... Savings deposits (book account).............. Savings certificates of deposit................ Club savings deposits................................... Notes and bills rediscounted..................... Bills payable .............................................. $50. 000 00 25, 000 00 11, 311 87 6, 172, 21, 7, 337, 51, 2, 6, 74, 000 515 487 000 362 893 517 613 000 00 45 58 00 20 18 25 75 00 51, 100 00 926 76 7, 452 70 4, 000 00 258 27 17, 500 00 7, 780 63 7, 569 95 f 368 42 *76,5. 701 28 Total ................................................... $765, 701 28 No. 536. THE CENTRAL STATE B A N K OF BENZONIA, BEULAH Organized August 18, 1913. H erbert, B. W oo dw ard, P r e s i d e n t ; F r an k . L. Or c u t t , V i c e P r e s i d e n t ; I r v in g P . J o n e s , C a s h i e r . D i r e c t o r s .— H e r b e r t B . W o o d a r d , F r a n k L. O r c u t t , C h a r le s E . C a s e , I r v i n g P. Jones, J. F . M u n ro. Statement October 3, 1928. Resources. Loans and discounts: Commercial .............................................. Savings ..................................................... Real estate mortgages: Commercial .............................................. Savings ..................................................... Bonds and securities: Commercial ............................................... Savings ..................................................... Due from banks in reserve cities: Commercial ............................................... Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Total cash on hand: Commercial .............................................. Savings..................................................... Overdrafts ...................................................... Banking h ou se.............................................. Furniture and fixtures................................... Other real estate............................................ Customers’ bonds left with bank for safe keeping ...................................................... Outside checks, revenue stamps and other cash items ............................................... Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $67, 383 90 7, 040 72 2, 167 03 57, 692 06 47, 532 00 137, 600 00 28, 914 12 30, 706 06 Capital stock paid i n ................................... Surplus f u n d ................................................. Undivided profits, net................................. Reserved for taxes, interest, depreciation, etc................................................................. Commercial deposits subject to check. . . . Cashier’ s checks .......................................... Savings deposits (bookaccount)............... Savings certificates ofdeposit...................... Customers’ bonds left with bank for safe keeping ...................................................... $20, 000 00 15, 000 00 6, 953 05 4, 012 1 4 0 ,1 2 9 4, 309 163, 686 42, 745 86 28 54 03 23 42, 200 00 3, 800 00 4, 313 17 1, 200 00 31 31 5. 300 00 2, 000 00 800 00 42, 200 00 355 62 $439, 035 99 Total $439, 035 99 36 STATE BA N K IN G D EPARTM ENT No. 259. BIG RA PID S SAYINGS BA N K , BIG RAPIDS. Organized March 18, 1902. W m . F. T urner, C a s h i e r ; A . K . H a n c h e t t , J. E . B e r g e l in , V i c e P r e s id e n t; F. N. F ord, A s s i s t a n t C a s h i e r . D i r e c t o r s .— W m . F . T u r n e r , A . A . W o r c e s t e r , G le n n G r ie v e , A . K . H a n c h e t t , J . J . H e n d e r s o n , L . B . H a n c h e t t , J . E . B e r g e lin , R o y B u c k , R . Y . H a n c h e t t , A . B . K n a p p . P resid en t an d Statement October 3, 1928. Resources. Loans and discounts: Commercial .............................................. Real estate mortgages: Commercial ...................... Savings .................. Bonds and securities: Commercial .............................................. Savings ..................................................... Due from Federal Reserve bank: Commercial ......................... Savings ................................................... Due from banks in reserve cities: Commercial .............................................. Total cash on hand: Commercial ............................................... Savings ...................................................... Overdrafts ..................................................... Banking h ouse............................................... Furniture and fixtures................................... Other real estate.......................................... Due from banks other than in reserve cities ................................ ...................... Customers’ bonds left with bank for safe keeping .................................................. Stock of Federal Reserve bank................. Trust department : Cash and due from banks in reserve cities Total ................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $512, 368 04 7, 965 00 221, 620 55 1 5 ,0 0 0 00 281, 900 00 3 1 ,9 2 8 71 15, 000 00 25, 882 71 9, 828 46 9, 871 28 227 33 30, 000 00 13, 600 00 11, 386 65 Capital stock paid i n ................................... Surplus fund .............................................. Undivided profits, net................................ Reserved for taxes, interest, depreciation, etc. .......................................'.................... Commercial deposits subject to check. . . . Certified checks ......................................... Cashier’ s checks .......................................... State moneys on deposit............................ Time commercial certificatesof deposit. . Savings deposits (book account)................ Customers’ bonds left with bank for safe keeping ..................................................... Other lia b ilitie s -......... ' ............................ Trust department: Trust deposits— totals .............................. $50, 000 00 25, 000 00 8, 963 86 12, 947 28 287, 083 32 20 00 1, 106 66 10, 000 00 244, 915 78 542, 391 83 94, 200 00 2 0 ,4 0 0 00 1 ,5 2 1 22 14, 000 00 94, 200 00 2, 250 00 1, 521 22 $1, 298, 549 95 Total ................................................... $1, 298, 549 95 STATE BAN K S OF M ICHIGAN 37 No. 248. C ITIZE N S’ STATE BANK , BIG RAPIDS. Organized September 20, 1901. G eorge A . W r ig h t , C a sh ierj P r e s i d e n t ; F red E . H ood, W . T . D od g e , V i c e P r e s i d e G eo. N. B e v ie r , A s s i s t a n t C a s h i e r ; F red A . A s h l e y , C a sh ier a n d T ru st n t s : D . C. A s sista n t M o r r il l O ffic e r . D i r e c t o r s ^— G e o r g e A . W r ig h t , G e o . F . F a ir m a n , W . T . D o d g e , D . C . M o r r i l l, F r e d E . H o o d . J o s . F i t z p a t r ic k , J o h n C. J e n s e n , A r t h u r J . B u t le r , J . B . C a m p b e ll, G . M a s s e lin k . Statement October 3, 1928. Resources. Loans and discounts: Commercial .............................................. Savings..................................................... Real estate mortgages: Savings ..................................................... Bonds and securities: Commercial ........................................... Savings ..................................................... Due from Federal Reserve bank: Commercial ........................................... Savings ...................................................... Due from banks in reserve cities: Commercial ........................................... Savings ..................................................... Exch. for C. H. and checks on banks in same place: Commercial ............................................... Total cash on hand: .......................................... Commercial Savings ..................................................... Overdrafts ..................................................... Banking h ou se............................................... Furniture andfixtures................................... Other real estate....................................... Customers’ bonds left with bank for safe keeping ..................................................... Outside checks, revenue stamps and other .......................................... cash items Stock of Federal Reserve bank................ Other assets ................................................. Trust department: Cash and due from banks in reserve cities Total Liabilities. $701, 907 38 94, 394 05 215, 724 77 85, 623 50 712, 515 11 29, 025 09 53, 185 51 63, 976 20 54, 456 96 989 79 $50, 003 00 50, 000 00 30, 116 25 5, 000 00 404, 937 97 398, 809 69 122 00 86 15 3, 292 77 1 ,1 1 7 ,4 0 4 89 7, 074 53 2 6 ,1 1 9 62 24, 200 00 6, 205 37 8, 572 85 20, 322 64 336 91 20, 000 00 5, 500 00 7, 483 10 24, 200 00 1, 875 01 3, 000 00 14, 075 00 6, 205 37 ................................................... $2, 123, 369 24 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Capital stock paid in ................................. Surplus fu n d ................................................. Undivided profits, net................................. Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject to c h e c k .... Demand certificates of deposit................... Certified ch e ck s ............................................ Cashier’ s checks ........................................ Due to other banks and bankers............ Savings deposits (book account)........... Savings certificates of deposit.............. Club savingsd e p o s i t s .....'....................... Customers’ bonds left with, bank for safe keeping ..................................................... Trust department: Trust deposits— totals .............................. Total ................................................... $2, 123, 369 24 38 STATE b a n k in g d e p a r t m e n t N o . 505. THE BIRCH RUN STATE BANK , BIRCH RUN. Organized June 13, 1912. P r e s i d e n t ; W m . P . M cG r eg o r , V i c e P r e s i d e n t ; H e r b e r t W a l t e r , C a s h i e r E dgar P o e l l e t , A s s i s t a n t C a s h i e r . D i r e c t o r s .— C h a s . W o l o h a n , M ile s L . H a d s a l l, H e r b e r t W a l t e r , W i ll ia m P . M c G r e g o r , A lv in H . T o tte n . Ch a s. W olohan, ; Statement October 3, 1928. Resources. Loans and discounts: Commercial .............................................. Savings..................................................... Real estate mortgages: Commercial .............................................. Savings ..................................................... Bonds and securities: Savings..................................................... Due from banks in reserve cities: Commercial ............................................ Savings ...................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................ Total cash on hand: Commercial ............................................... Savings ..................................................... Overdrafts ..................................................... Banking house ............................................ Furniture and f ix t u r e s ........................... Other real estate.......................................... Customers’ bonds left with bank for safe keeping ...................................................... Outside checks, revenue stamps and other cash items ............................................... Total ..................................... ............. Liabilities. $93, 353 24 62, 611 88 3, 450 00 125, 156 24 90, 000 00 10, 536 40 27, 413 42 35000 Capital stock paid in ................................... Surplus f u n d ................................................. Undivided profits, net................................. Reserved for taxes, interest, depreciation, etc. ............................................................. Commercial deposits subject to check.. Demand certificates of deposit................... Certified checks ............................................ Cashier’ s checks .......................................... Savings deposits (book account).............. Customers’ bonds left with bank for safe keeping .............................................. .. Total ................................................... $25, 000 00 9, 000 00 2, 018 62 600 00 61, 739 92 41, 836 93 210 07 282 13 313, 893 61 2, 850 00 $457, 431 28 2, 830 00 7, 000 00 366 59 16, 372 04 11, 107 04 3, 350 00 2, 850 00 684 43 $457, 431 28 No. 749. BIRM IN GH AM SAYINGS B A N K , BIRM IN GHAM . Organized July 5, 1927. J u d s o n B r a d w a y , P r e s i d e n t ; J o h n C. L a w s o n , C h a s . J . S h a i n , V i c e P r e s i d e n t s ; L a w r e n c e W . M a r t in d a l e , C a s h i e r ; W a l t e r L . M o r e l a n d , A s s i s t a n t C a s h i e r . D i r e c t o r s .— S e y m o u r D . A d a m s , H a r r y A l i e n , L u t h e r D . A l l e n , J u d s o n B r a d w a y , R o b t . W . C h is s u s , R o l l a J . C o r y e l l , J o h n C. L a w s o n , L . W . M a r t in d a le , F r e d V . Q uartern , C h a s . J . S h a in , J a m e s V e r n o r , J r ., J a m e s W . T a y l o r , H a r le y D . W a r n e r , A l b e r t W . W a s e y . Statement October 3, 1928. Resources. Loans and discounts: Commercial .............................................. Savings ................................................... Beal estate mortgages: Commercial ............................................... Savings...................................................... Bonds and securities: Commercial ............................................... Savings ..................................................... Due from banks in reserve cities: Commercial ............................................... Savings..................................................... Exch. for C. H. and checks on banks in same place: Commercial ............................................... Total cash on hand: Commercial ............................................... Overdrafts ...................................................... Expenses, interest and taxes paid ex ceeding earnings ..................................... Banking house ............................................ Furniture and fixtures................................... Outside checks, revenue stamps and other cash items ............................................... Total ................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $176, 073 55 34, 281 84 8 , 150 00 179, 006 99 89, 000 00 58, 000 00 113, 218 08 50, 000 00 1, Capital stock paid in ................................. Surplus f u n d ................................................. Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject tocheck_____ Demand certificates of deposit................. Certified checks ............................................ Cashier’ s checks .......................................... Savings deposits (book account)............... Savings certificates of deposit................. Club savings deposits................................... $200, 000 00 50, 000 00 4, 152, 80, 9, 18, 165, 153, 3, 208 344 000 640 346 710 306 788 32 24 00 00 32 26 85 25 212 55 21, 027 79 10 27 347 15 91, 898 41 9, 870 20 5, 247 41 $837, 344 24 Total $837, 344 24 STATE B A N K S OF M ICHIGAN 39 No. 411. THE FIRST STATE SAYINGS BAN K , BIRM IN GHAM . Organized September 15, 1908. H a g e r m a n , P r e s i d e n t ; T i r o s . H . C o b b , V i c e P r e s i d e n t ; A r t h u r C. P e c k , Cashier; R o b e r t C. P e c k , B e r n a r d A . S h r o c k , A s s i s t a n t C a s h i e r s . D i r e c t o r s .— F r a n k H a g e r m a n , T h o m a s H . C o b b , F r a n k S c h la a c k , W. W . Masters, T. B. S m it h , W . B . H a r r i s , A r t h u r C. P e c k , R o b e r t C. P e c k , J. C. S t a h l, Jr., A. L. Moses, Frank J . M a u r ic e , H a r r y W . R a in e y . F rank Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial............................................... $1, 081, 792 13 Savings ..................................................... 365, 372 06 Real estate mortgages: Commercial ............................................... 29, 581 54 Savings ..................................................... 600, 708 76 Bonds and securities: Savings ...................................................... 656, 250 00 Due from Federal Reserve bank: Commercial .............................................. 64, 088 82 Savings ...................................................... 59, 734 00 Due from banks in reserve cities: Savings..................................................... 87, 859 22 Exch. for C. H. and checks on banks in same place: Commercial ............................................... 8, 074 76 Total cash on hand.: Commercial ............................................... 5, 965 67 Savings ...................................................... 30, 000 00 Overdrafts ...................................................... 665 46 Banking house ............................................ 135, 395 38 Furniture and fixtures................................. 38, 626 39 Other real estate.......................................... 33, 726 22 Customers’ bonds left with bank for safe keeping ...................................................... 27, 000 00 Outside checks, revenue stamps and other 4, 749 00 cash items ............................................... Stock of Federal Reserve bank................ 10, 500 00 Other assets ................................................. 1 , 937 00 Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $3, 242, 026 41 Capital stock paid in ................................... Surplus fund ............................................... Undivided profits, net................................... Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject toc h e c k .... Demand certificates of deposit................ Certified checks .......................................... Cashier’ s checks .......................................... Savings deposits (book account)............... Savings certificates of deposit................. Club savings deposits................................... Customers’ bonds left with bank for safe keeping ..................................................... Other liabilities .......................................... Total $200, 000 00 150, 000 00 49, 453 57 27, 727, 25, 3, 20, 1 ,5 1 9 , 457, 13, 741 996 229 562 603 625 668 852 73 94 38 25 97 50 62 85 27, 000 00 19, 291 60 $3, 242, 026 41 40 STATE BA N K IN G D EPARTM ENT No. 481. THE BLANCHARD STATE BA N K , BLANCHARD. Organized April 4, 1911. A n d r ew W . O r r , P r e s i d e n t ; A aron A m o n , V i c e P r e s i d e n t ; C h e s t e r M cD o n a ld , C a s h i e r . D i r e c t o r s .— A n d r e w W . O r r , G e o r g e B i l b r o u g l i, A a r o n A m o n , E l s i e M . O r r , C h e s t e r M c D o n a ld . Statement October 3, 1928. Resources. Loans and discounts: Commercial .............................................. Savings ..................................................... Real estate mortgages: Commercial ............................................... Savings...................................................... Bonds and securities: Savings....... .............................................. Due from Federal Reserve bank: Commercial ........................................... Savings ..................................................... Due from banks in reserve cities: Commercial ............................................... Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Exch. for C. H. and checks on banks in same place: Commercial ........................... Total cash on hand: Commercial ............................................... Savings ...................................................... Overdrafts ...................................................... Banking house ............................................ Furniture and fixtures................................. Other real estate........................................ Stock of Federal Reserve bank................ Total ................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $94, 317 67 13, 773 84 2, 600 00 21, 641 75 152, 441 36 6 ,6 5 4 25 7, 000 00 Capital stock paid in ................................... Surplus fund .............................................. Undivided profits, net................................ Commercial deposits subject to check.. Cashier’s checks .......................................... State moneys on deposit.......................... Time commercial certificates of deposit.. Savings deposits (book account).............. Savings certificates of deposit................... Bills payable ............................................... $25, 000 5, 000 4, 064 5 9 ,6 7 5 268 10, 000 29, 640 161, 462 53, 622 10, 000 00 00 68 64 96 00 41 93 69 00 13, 560 12 6, 196 73 22, 250 00 109 52 2, 358 94 4, 000 00 1 11 4, 000 00 1 ,4 0 0 00 5, 530 02 90000 $358, 735 31 Total ................................................... $358, 735 31 41 STATE BAN K S OF M ICHIGAN No. 163. THE BLISSFIELD STATE BAN K , BLISSFIELD. Organized April 25, 1893. Corporate existence extended April 25, 1923. W il l ia m R o t h f u s s , P r e s i d e n t ; G eo. F . F ord, E. A . B e a m e r , V i c e P r e s i d e n t s ; K . B . G l a s e r , C a s h i e r ; II. F . R o h r b a c k , A s s i s t a n t C a s h i e r . D i r e c t o r s .— G e o . F . F o r d , W i ll ia m R o t h f u s s , B e r t M c C o r m ic k , G . A . H a t h a w a y , J a m e s H il l , E . A . B e a m e r , K . B . G la s e r , C. A . G ils o n , F . J . W i lt , W E . P i f e r . G. Statement October 3, 1928. Liabilities. Resources. Loans and discounts: Commercial ............................................... Savings ...................................................... Real estate mortgages: Commercial.............................................. Savings .................................................. . Bonds and securities: Savings ................ . .................................. Due from Federal Reserve bank: Commercial ............................................... Savings ...................................................... Due from banks in reserve cities: Commercial ............................................... Savings ............. U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................. Exch. for C. H. and checks on banks in in same place: Savings .................................... Total cash on hand: Commercial ............................................... Savings ..................................................... Overdrafts ...................................................... Premium account ...................................... Banking house ............................................ Furniture and fixtures.................. Other real estate................................. . . . Customers’ bonds left with bank for safe keeping ...................................................... Outside checks, revenue stamps and other cash items ............................................... Stock of Federal Reserve bank................ Total $169, 958 90 110, 699 79 9, 000 00 271, 212 86 113, 718 15 9, 000 00 24, 547 36 $50, 25, 13, 131, 6, 633, 134, 10, 000 000 293 573 762 328 278 788 00 00 73 71 34 24 66 70 33, 700 00 1 ,0 8 9 10 53, 467 54 131, 079 68 384 11 3, 311 35 3, 105 34 231 91 1 ,0 9 7 6b 33, 362 00 1 4 ,4 3 9 08 23, 000 00 33, 700 00 10 55 2 ,2 5 0 0 0 ................................................... $1, 038, 725 38 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Capital stock paid in ................................. Surplus f u n d ................................................. Undivided profits, net................................... Commercial deposits subject tocheck. . . . Cashier’s checks .......................................... Savings deposits (book account).............. Savings certificates of deposit................... Club savings deposits................................... Customers’ bonds left with bank for safe keeping ............................................. Total ................................................... $1, 038, 725 38 42 STATE BA N K IN G D EPARTM ENT No. 221. THE JIPSON-CARTER STATE BANK , BLISSFIELD. Organized October 5, 1900. C ora A . J ip s o n , Cr an e , C a P r es id e n t; sh ier ; O l in J a c o b G . B a u e r , J o h n J. W a l p e r , V i c e P r e s i d e n t s : H a r o l d A . C. P if e r , A s s i s t a n t C a s h i e r ; D o r is R . H o w l a n d , A u d i t o r . D i r e c t o r s .— C. E . H o w l a n d , J . C. H o lt , J . J . W a lp e r , R . M . E c c l e s , J a c o b G . B a u e r J o h n I c k le r , W . H . B u r n s , T . G . G la s e r , H . E . M o r r o w , C o r a A . J ip s o n . Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial..................... Real estate mortgages: Savings............................ Bonds and securities: Savings ............................ Due from banks in reserve cities: Commercial ..................... Savings ............................ U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept', o n ly .. . Exch. for C. H. and checks on banks in same place: Savings ............................ Total cash on hand: Commercial ..................... Savings ............................ Overdrafts ............................ Premium account .............. Banking house ................... Furniture and fixtures____ Customers’ bonds left with bank for safe keeping ............................ Outside checks, revenue stamps and other cash items ..................... Total .......................... $254, 530 67 231, 612 66 692, 098 63 17, 360 36 115, 991 33 $ 50, 50, 29, 203^ 803, 212, 5, Capital stock paid in ................................. Surplus f u n d ............................................... Undivided profits, net................................. Commercial deposits subject to ch eck .. . Savings deposits (book account)............... Savings certificates of deposit................... Club savings deposits................................... Customers’ bonds left with bank for safe keeping ..................................................... 000 000 189 612 738 739 204 Off 00 64 81 16 05 37 82, 050 00 10, 000 00 225 02 10, 000 00 3, 311 60 234 28 7, 820 77 8, 000 00 3, 200 00 82, 050 00 98 71 $1,, 436, 534 03 . ... Total ................................................... $1, 436, 534 03 No. 745. BLOOMFIELD H ILLS SAYINGS BA N K , BLOOMFIELD HILLS. Organized June 14, 1927. M anly D. D a v is , P r e s i d e n t j D e l b e r t C. M o r r i s , D u B o is C a sh ier j Y ounu, W a lter G. G e n e v ie v e L . W a h l , M orley, V ice A s sista n t P r es id e n ts ; C a sh ier . D i r e c t o r s .— M a n l y D . D a v is , L y n n D . H a ls t e d , E l m e r C . H u s t o n , W a l t e r G . M o r le y , C h a r le s M. R o e h m , H a r r y L . W a l la c e , C h a r le s B . R a n d a l l, D u B o i s Y o u n g , F r a n k L . B r o m l e y , T . R . D o n o v a n , D e lb e r t C. M o r r is . Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial ............................................... Real estate mortgages: $69, 473 21 Savings ........................................................... 151, 146 54 Bonds and securities: Commercial ............................................... Savings ........................................................... Duo from banks in reserve cities: Commercial ............................................... Savings ........................................................... Total cash on hand: Commercial ............................................... Furniture and fixtures.................................... Due from banks Other than In reserve cities .............................................................. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $25, 000 5 ,0 0 0 4 ,5 6 0 1 1 5 ,1 7 7 911 143, 841 120, 956 2, 592 00 00 67 10 80 35 84 10 54, 813 17 40, 000 00 4, 107 96 2, 366 47 6, 363 61 00 Total 14, 456 67 75, 312 23 Capital stock paid i n ................................ Surplus fund ............................................... Undivided profits, net................................. Commercial depositssubject to ch e c k ... Certified checks .......................................... Savings deposits (book account).............. Savings certificates of deposit.............. .. Club savings deposits................................... 039 86 Total $418, 039 86 43 STATE B A N K S OF M ICHIGAN No. 516. THE P E O P L E ’ S STATE BANK , BLOOMINGDALE. Organized July 9, 1912. R uben E. A llen , D i r e c t o r s .— R u b e n A r t h u r B . W i g g i n s , V i c e P r e s i d e n t ; E l l i s S i m o n , Cashier; E na B . S im o n , A s s i s t a n t C a s h i e r . A l l e n , D a n i e l M . A lle n , L . A . N e w c o m b , E l l i s S im o n , E d w i n J . D a y t o n , A r t h u r B . W i g g in s . P r e s id e n t; E. Statement October 3, 1928. Liabilities. Besources. Loans and discounts: Commercial .............. Savings ..................... Real estate mortgages: $131, 612 39 22. 408 00 Savings ................... Bonds and securities: Savings ..................... Due from banks in reserve cities: Commercial.............. U. S. Bds. and Cert. of Ind. as legal reserve: Savings dept. o n ly .. Total cash on hand: Commercial ............ Overdrafts ..................... Premium account . . . . Banking house ............ Furniture and fixtures. Other real estate......... Customers’ bonds left with bank for safe keeping ..................... Outside checks, revenue stamps and other cash items .............. 11, 300 00 88, 453 50 123, 795 00 24, 570 03 1, 040 23 Capital stock paid in ................................... Surplus fund ................................................. Undivided profits, net................................... Beserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject to check.. . Demand certificates of deposit................... Time commercial certificates of deposit. . Savings deposits (book account).............. Savings certificates of deposit................... Customers’ bonds left with bank for safe keeping ..................................................... $20, 000 00 20, 000 00 2, 535 38 4, 76, 5, 93, 144, 89, 2, 574 285 000 632 909 517 481 01 89 00 08 94 40 70 34, 900 00 29, 400 00 8, 772 354 84 8, 200 4, 800 3, 400 35 33 64 00 00 0b 34, 900 00 745 93 $493, 836 40 Total ................................................... $493, 836 40 No. 624. STATE B A N K OF BOYNE FALLS, BOYNE FALLS. Organized October 30, 1918. H e r m a n C. M e y e r , P r e s i d e n t ; W . P . P o r t e r , V i c e P r e s i d e n t ; D a n E . H e r r i n g t o n , Cashier. D i r e c t o r s .— H e r m a n C . M e y e r , J . H . P o r t e r , W m . A . S t r o b e l, R o s c o e M a c k e y , W m . H . P a r k s , P a u l U lv u n d . Statement October 3, 1928. Liabilities. Besources. Loans and discounts: Commercial ............................................... Beal estate mortgages: Commercial ............................................ Savings ..................................................... Bonds and securities: Savings ..................................................... Due from banks in reserve cities: Commercial ............................................... Savings...................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Total cash on hand: Commercial ............................................ Savings ..................................................... Overdrafts ...................................................... Banking house ............................................ Furniture and fixtures................................. Due from banks other than in reserve cities .......................................................... Customers' bonds left with bank for safe Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2, 013 16 12, 171 88 2, 000 00 10, 270 28 2, 000 00 $20, 000 00 3, 750 00 787 43 714 31, 899 1, 270 10, 749 295 84 73 17 49 10 8, 800 00 360 500 00 691 43 000 00 .16 2, 300 00 1 , 600 00 1 , 1 , 377 91 8, o o 00 keeping ............................................. $52, 545 54 Capital stock paid i n ................................. Surplus f u n d ................................................. Undivided profits, net................................. Beserved for taxes, interest, depreciation, etc............................................... 1, Commercial deposits subjectto check.. . Cashier’s checks .......................................... Time commercial certificates of deposit. Savings deposits (book account). 18, Customers' bonds left with bank for safe keeping ...................................................... Other liabilities .......................................... 00 $97, 270 36 Total $97, 270 36 44 STATE B A N K IN G DEPARTM ENT No. 436. THE FARM ERS ’ STATE BANK , BRECKENRIDGE. Organized Aprii 21, 1909. A l e x C h i s h o l m , P r e s i d e n t ; J o h n L . S m i t h , R a l p h C. C h i s h o l m V ice P r es id e n t» • R obert L . B a l d w in , C a s h i e r ; H a m pt o n J. Str o u p e , j , A s s i s t a n t C a l h i e r ? J D i r e c t o r s .— A l e x . C h is h o lm , J . L . S m it h , R o b e r t L . B a ld w i n , C. K . F o x , R a lp h C C h is h o lm B. L . C ase, F r a n k O b erst. ' ’ L Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial ............................................ Savings ........................... . . . . . i ! ! !.' Real estate mortgages: Commercial ............................................ Savings .................................” |j ' |" Bonds and securities: Commercial ............................................ Savings ................................... Due from banks in reserve cities: Commercial ............................................... Savings .......................................... U. S. Bds. and Cert, of Ind. as' legal reserve: Savings dept, only ................................. Total cash on band: Commercial............................................... Overdrafts ................................. Banking house ................................. Furniture and fixtures..................., ’' Customers’ bonds left with bank for safe keeping ...................................................... Outside checks, revenue stamps and other cash items .......................................... Total $231, 142 32 54, 135 75 15, 913 80 120, 320 00 73, 800 00 83, 500 00 32, 461 66 5, 000 00 Capital stock paid i n ................................ Surplus fund ..........................|' j Undivided profits, net.............................. j Commercial deposits subject to check. . Demand certificates of deposit............” Cashier’ s checks .............................. State moneys on deposit.............................. Savings deposits (book account). i . . . ’ Savings certificates of deposit................... Bonds sold subject to repurchase............ Customers’ bonds left with bank for safe keeping ..................................................... $30, 000 00 10, 000 00 9, 119, 200, 4, 10, 259, 20, 5, 090 020 853 063 000 231 261 000 65 57 39 89 00 62 53 00 5,950 00 28, 950 00 4, 684 08 46 61 12, 500 00 3, 800 00 5, 950 00 1, 267 43 $673, 471 65 Total $673, 471 65 No. 640. BRIDG EW ATER SAYINGS BANK, BRIDGEW ATER. Organized M ay 7, 1919. G eo. K lag er, P r e s i d e n t : J acob F . B a u e r , W m . S c h u m a c h e r , V i c e P r e s i d e R eo G r ü n e r , C a s h i e r j D e l i a R e e d , A s s i s t a n t C a s h i e r . D i r e c t o r s .— G e o . K la g e r , J a c o b F . B a u e r , W m . S c h u m a c h e r , W m . K u e b le r , J a c o b F r e d J . B lu m h a r d t, J a c o b R en z. n ts : S c h a ib le , Statement October 3, 1928. Resources. Loans and discounts: Commercial ................................................. Savings..................................................... Real estate mortgages: Savings.................................. Bonds and securities: Commercial ............................................ Savings ..................................................... Due from banks in reserve cities: Commercial ............................................... Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Total cash on hand: Commercial ............................................... Savings ................................................ Overdrafts ..................................................... Banking house ............................................ Furniture and fixtures .............................. Customers’ bonds left with bank for safe keeping...................................................... Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $ 56 , 455 30 5, 198 00 20, 572 37 20, 000 00 106, 460 00 9, 819 27 4, 000 00 13, 450 00 76 1, 500 443 10, 000 1, 000 Capital stock paid in ................................. Surplus fund .............................................. Undivided profits, net................................. Dividends unpaid ........................................ Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject to ch e c k ... Cashier’s checks .......................................... Savings deposits (book account)............ Savings certificates of deposit................... Notes and bills rediscounted................... Customers’ bonds left with bank for safe keeping ..................................................... $25, 000 00 5, 000 00 6, 204 82 36 00 2, 622 50 5 2 ,5 5 2 32 5 ,1 9 1 37 129, 601 82 15, 786 47 6, 9 7 8 8 1 53, 300 00 02 00 15 00 00 53, 300 00 $302, 274 11 Total $302, 274 11 STATE BAN K S OF M ICHIGAN 45 No. 570. BRIDGM AN STATE BA N K , BRIDGM AN. Organized December 23, 1915. O. A. D. B a l d w in , P r e s i d e P . R. B erndt, C n t; Wm a sh ier ; , H. Ga st, F. F. M ach o lz, W. Gast, A s sista n t V ice P r e s id e n ts ; C a sh ier . D i r e c t o r s .— O . A . D . B a ld w in , T . E . B e r k , A . E . C h a u n c e y , F . W . G a s t , W . H . G a s t, R . W . A c k e r m a n , C. .1, P e c k . Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial ............ Real estate mortgages: Savings ................... Bonds and securities: $370, 783 80 174, 557 68 Savings ................... Due from banks in reserve cities : Commercial............ Savings................... U. S. Bds. and Cert. of Ind. as legal reserve: Savings dept. only. Total cash on hand: Commercial ............ Savings ................... Overdrafts .................. Banking house ......... Furniture and fixtures Other real estate. . . . Customers’ bonds left with bank for safe keeping ................... 115, 895 00 102, 565 24 57, 599 08 5, 000 00 19, 800 00 7, 12, 2, 10, 8, 5, 218 500 731 000 150 Capital stock paid i n ................................ Surplus fund ................................................. Undivided profits, net............................ Dividends unpaid ....................................... Reserved for taxes, interest, depreciation, Commercial deposits subject to c h e ck ... Demand certificates of deposit................... Cashier’ s checks ..................................... Savings deposits (book account)............ Savings certificates of deposit................... Bills payable .............................................. Customers’ bonds left with bank for safe keeping ..................................................... 77 00 81 $20. 000 00 12, 500 00 7, 956 46 95 00 2, 290, 123, 5, 304, 130 500 309 416 518 375 125, 000 00 05 21 74 21 71 00 5, 850 00 00 00 000 00 5, 850 00 $897, 651 38 T o t a l..................................................... $897, 651 38 No. 718. UNION SAVINGS BANK , BRIGHTMOOR. Organized April 15, 1924. H obart B. H o y t , P r G. M . L e a c h , C a s h e s id e n t; E. L. D eacon, C h a s. i e r ; L . D . L o m a s o n , C h a s . O. E. Clark, V ic e M urray, A s s i s t a n P r e s id e n ts ; t C a sh ier s. D i r e c t o r s .— E . L . D e a c o n , B . E . T a y l o r , W . J . D ic k s o n , H a l S m it h , G . M . L e a c h , J o e l P r e s c o t t , H . G . W o o d r u f f, C h a s . H . A d a m s , C h a s . E . C la r k , M e r r i l l C. A d a m s , H o b a r t B . H o y t . Statement October 3, 1928. Liabilities. Resources. Loans and discounts: Commercial ................ . '........................... Savings ................................................... Real estate mortgages: Savings ..................................................... Bonds and securities: Commercial ............................................... Savings ..................................................... Due from banks in reserve cities: Commercial ............................................... Savings ..................................................... Total cash on hand: Commercial ............................................ Savings ..................................................... Overdrafts ..................................................... Furniture and fixtures................................. Other real estate....................................... Outside checks, revenue stamps and other cash items ..................... ......................... Total ................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $ 1 0 0,22 9 61 144, 318 00 97, 459 00 23, 000 00 84, 000 00 29, 879 79 13, 108 85 Capital stock paid in ................................. Surplus fund ................................................. Undivided profits, net................................. Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject to ch e ck ... Certified checks .......................................... Cashier’ s checks .......................................... Savings deposits(book account)................ Savings certificates of deposit..................... $50, 000 00 10, 000 00 4, 259 72 7, 446 1 2 1 ,4 5 7 104 9, 224 180, 294 179, 782 18 19 12 67 87 60 10, 000 00 36, 066 10 10 73 16, 089 89 8, 313 25 34 13 $562, 569 35 Total ................................................... $562, 569 35 46 STATE B A N K IN G D EPARTM ENT No. 452. THE BRIGHTON STATE BA N K , BRIGHTON. Organized April 6, 1910. F. T. H yn e, D ir e c t o r s . A. L. S m it h , P r e s id e n t; F. T. V ice P r es id e n t; R . O. N e w c o m b , C a sh ier . H y n e , J . _ A . N e ls o n , A . L . S m it h , R . O. N e w c o m b , E . R . D. \ \ . V a n W in k le , O s c a r S c lio e n h a ls . H yne Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial .............................................. Real estate mortgages: Savings ................................................... Bonds and securities: Commercial .............................................. Savings..................................................... Due from banks in reserve cities: Commercial .............................................. Savings ...................................................... Total cash on hand: Commercial ............................................... Savings ..................................................... Overdrafts ..................................................... Banking house ............................................ Furniture and fixtures................................. Outside checks, revenue stamps and other cash items ............................................... Total $139, 030 27 55, 653 14 71, 950 85 169, 005 00 40, 802 05 77, 211 38 $ 2 0 ,0 0 0 Capital stock paid in .............................. 20, 000 Surplus fund .............................................. Undivided profits, net................................ 10, 091 Commercial deposits subject to ch e ck ... 2 2 0 ,4 7 4 Certified checks ............................................ io o 72 Cashier’ s checks ..................................... ” Savings deposits (book account). . . . . . 1 9 5 , 566 Savings certificates of deposit'................... 120, 160 00 00 61 13 00 06 47 60 4, 996 29 13’ 854 55 240 68 7, 900 00 3 , 330 00 2, 440 66 ................................................... $586, 464 87 Total ................................................... $586, 464 87 No. 635. THE P E O P L E ’S STATE SAYINGS BAN K , BRITTON. Organized April 26, 1919. F rank J. T e m p l e , P r e s i d e n t ; H erbert D. J. E x e lb y , C a s h i e r ; D i r e c t o r s .— F r a n k J . T e m p le , S. T e m p l e , H a r r i s o n E. W . E berh ardt, A F. T em ple ssista n t H a r r i s o n F . T e m p le , H e r b e r t S R a c h e l E . T e m p le . V ice P r es id e n ts ; C a sh ier . T e m p le D L B u r le s o n , Statement October 3, 1928. Resources. Loans and discounts: Commercial ............................................... Savings .................................................. Real estate mortgages: Commercial .............................................. Savings ..................................................... Bonds and securities: Savings ...................................................... Due from Federal Reserve bank: Commercial .............................................. Savings ................................................... Due from banks in reserve cities: Savings ...................................................... Total cash on hand: Commercial ............................................... Savings ..................................................... Overdrafts ..................................................... Banking house ............................................ Furniture and fixtures................................. Other real estate.......................................... Due from banks other than in reserve cities ........................................................ Customers’ bonds left with bank for safe keeping ..................................................... Stock of Federal Reserve bank................. Total ................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $ 111, 633 87 66, 875 20 7, 450 00 57, 900 00 117, 450 00 3, 455 20 8, 000 00 5, 441 46 Capital stock paid in ................................. Surplus f u n d ................................................. Undivided profits, net................................ Commercial deposits subjectto ch e ck ... Demand certificates of deposit.................. Certified ch eck s..................................... .. Savings deposits (book account)............ Savings certificates of deposit'.................. Club savings deposits............................... Notes and bills rediscounted..................... Customers’ bonds left with bank for safe keeping ..................................................... $ 25, 5, 2, 75,’ 7, 000 000 753 875 842 491 1 7 2 ,4 0 9 87, 184 4 30, 796 00 00 28 32 28 92 72 90 71 06 56, 850 00 2, 407 73 4, 000 00 228 03 5, 000 00 5, 350 00 7, 790 00 3 , 476 70 56, 850 00 900 00 $464, 208 19 Total ................................................... $464, 208 19 47 STATE BAN K S OF MICHIGAN No. 409. THE FIRST STATE SAYINGS BANK , BRONSON. Organized May 1, 1908. J o s e p h E . W a t s o n , P r e s i d e n t ; J acob F . W e r n e r , J e s s e M o n r o e , F . T . S h a f f m a s t e r , V ice P r e s id e n ts ; C. F . M o o n , C a s h i e r ; G u y W . M o n r o e , A s s i s t a n t C a s h i e r . D i r e c t o r s .— J o s e p h E . W a t s o n , J. F . W e r n e r , E . W . W e r n e r , J e s s e M o n r o e , B . P . T a g g a r t , A. G . B u s h n e ll, J . H . S h a ff m a s t e r , W m . M . M o n r o e , E . J . M c M a h o n . Statement October 3, 1928. Liabilities. Resources. Loans and discounts: Commercial.............................................. Real estate mortgages: Savings ..................................................... Bonds and securities: Savings ........................................................ Due from banks in reserve cities: Commercial .............................................. Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................. Exch. for C. H. and checks on banks in same place: Commercial .............................................. Total cash on hand: Commercial .............................................. Overdrafts ..................................................... Banking house ............................................ Furniture and fixtures................................. Due from banks other than in reserve cities ....................................................... Customers' bonds left with bank for safe keeping ..................................................... $155, 789 59 42, 945 42 99, 375 94 6, 000 00 150, 139 42 25, 884 11 85, 743 53 Capital stock paid in ................................. Surplus fund .............................................. Undivided profits, net................................... Dividends unpaid ........................................ Commercial deposits subject to check. . . . Demand certificates of deposit................... State moneys on deposit............................ Savings deposits (book account)............ Savings certificates of deposit................... Club savings deposits................................... Customers’ bonds left with bank for safe keeping ..................................................... $50, 000 00 20, 000 00 14, 125 26 717 50 148, 289 41 29, 000 00 606 00 25, 000 00 120, 752 76 221, 186 21 5, 676 00 23, 950 00 .39, 350 00 315 09 12, 939 503 4, 710 1, 657 34 37 00 33 10, 000 00 23, 950 00 $659, 303 14 Total ................................................... $659, 303 14 No. 312. THE BROOKLYN STATE BANK , BROOKLYN. Organized M ay 16, 1905. F r an k H . B r o w n , P r e s i d e n t ; W . T . P a r k e r , V i c e P r e s i d e n t ; W . J. D o n a h u e , C a s h i e r ; J e n n ie A . M ie r s , A s s i s t a n t C a sh ier . D i r e c t o r s .— D a v i d J . B o y c e , W m . Y . R o b e r s o n , C h a s . T . G r e e n e , F . H . B r o w n , W . J . N e e ly , W . T . P a r k e r , C. It. W a t t s , J . W . P i e r c e , W . J . D o n a h u e . Statement October 3, 1928. Liabilities. Resources. Loans and discounts: Commercial .............................................. Savings ..................................................... Real estate mortgages: Commercial .............................................. Savings ..................................................... Bonds and securities: Savings ................................................... Due from banks in reserve cities: Commercial ............................................... Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Exch. for C. H. and checks on banks in same place: Savings ..................................................... Total cash on hand: Commercial .............................................. Savings ...................................................... Overdrafts ...................................................... Banking house ............................................ $249, 385 81 17, 021 22 6, 395 00 108, 253 56 63, 920 00 49, 301 22 22, 649 52 $50, 000 00 45, 000 00 10, 970 17 104 00 2, 1 8 l’, 4, 149, 110, 410 093 956 217 988 19 25 61 04 22 13, 350 00 1, 203 34 Furniture and fixtures........................... Other real estate................................... 5, 000 00 7, 248 30 111 51 5. 700 00 2, 700 00 2, 500 00 Total .......................................... $554, 739 48 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Capital stock paid in ................................. Surplus fund ................................................. Undivided profits, net................................. Dividends u n p a id .......................................... Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject to check; . Cashier’ s checks .......................................... Savings deposits (book account)............ Savings certificates of deposit................ Total $554, 739 48 48 STATE BAN K IN G D EPARTM ENT No. 216. BROW N CITY SAVINGS BANK , BROW N CITY. Organized M ay 26, 1899. A l b e r t E . S l e e p e r , P r e s i d e n t - J o h n E C a m p b e l l , L . II. H o w s e , V i c e P r e s i d e n t s ; E z r a \V. P e p p e r , C a s l u e r ; J . L . K e a r n s , A s s i s t a n t C a s h i e r . D i r e c t o r s — A l b e r t E . S le e p e r , J o h n E . C a m p b e ll, W . A . M a r t in , W in . W ilk ie , S a r a h S K e a r n s E. II. H o w s e , I). C. M e r r ill, R . J. S c o t t , M . L . B u r k h o ld e r , J. A . B u r g e s s . ’ Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial ..................... ......................... $169, 080 66 Savings ..................................................... 43, 306 49 Real estate mortgages: Commercial ............................................. 23, 696 83 Savings ................................................... 104, 316 50 Bonds and securities: Savings ......................... ........................... 63, 300 00 Due from Federal Reserve bank: Commercial ............................................ 15, 552 48 11,’ 628 05 Savings ..................................................... Due from banks in reserve cities: Commercial ............................................ 31, 838 13 218 90 Savings .............................................. ! ! 1 3 ^ Total cash on hand: Commercial .......... 14, 848 96 Overdrafts ..................................................... 1 ,0 1 9 04 Expenses, interest and taxes paid ex ceeding earnings ................................... 1 ,3 4 8 94 Bonking house . ........................................... 20, 000 00 Furniture andfixtures................................... 4, 755 00 Oher real estate......................................... 28, 232 2i Customers’ bonds left with bank for safe keeping ..................................................... 7, 400 00 Outside checks, revenue stamps and other cash items .............................................. 755 44 Stock of Federal Reserve bank................ 1, 450 00 Total ................................................... $555, 747 69 Capital stock paid in ........................... Surplus fund................................................... Commercial deposits subjectto check. . . . Demand certificates ofdeposit.................... Certified checks , .......................................... Time commercial certificates of deposit.. Savings deposits (book account).............. Customers’ bonds left with bank for safe keeping ..................................................... Other liabilities .......................................... Total ................................................... $40 000 00 8’, 000 00 137, 754 73 l o s j 800 85 110 40 1 9 ,5 4 0 48 234, 641 23 7, 400 00 2, 500 00 $555, 747 69 No. 588. BUCHANAN STATE BAN K , BUCHANAN. Organized November 25, 1916. H enry M . L e e , P r e s i d e n t ; G eorge B. R ic h a r d s , V i c e P r e s i d e n t ; H e r b e r t R oe , C a s h C h a s . W . L a n d i s , A s s i s t a n t C a s h i e r , H e r b e r t R o e , J r ., A u d i t o r . D i r e c t o r s .— H e n r y M . L e e , G e o r g e B . R i c h a r d s , H e r b e r t R o e , W i ll ia m J . M ille r , J e s s e G . B o y le . ier ■ Statement October 3, 1928. Resources. Loans and discounts: Commercial .............. Real estate mortgages: Savings ..................... Bonds and securities: Commercial .............. Savings............................ Due from banks in reserve cities : Commercial .............. U. S. Bds. and Cert. of Ind. as legal reserve: Savings dept. only. . Total cash on hand: Commercial ............ Overdrafts ..................... Banking house ............ Furniture and fixtures. Other real estate.......... Outside checks, revenue stamps and other cash items .............. Total ................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $269. 319 40 33. 654 92 96, 758 20 99, 560 00 Capital stock paid in ................................. Surplus fund .............................................. Undivided profits, net................................. Commercial deposits subject to check. . . Demand certificates of deposit................ Savings deposits (book account).............. Club savings deposits................................ $40, 000 10, 000 20, 634 300, 595 1 0 8 ,1 3 1 145, 818 10, 611 00 00 73 66 39 19 25 56, 846 59 20, 900 00 26, 718 43 9, 750 3, 753 17, 740 55 80 00 10 00 746 66 $635, 791 22 Total ................................................... $635, 791 22 STATE BA N K S OE M ICHIGAN 49 No. 212. THE BURR OAK STATE BAN K , BURR OAK. Organized November 3, 1898. Corporate existence extended November 3, 1928. B. P. D T a o o a k t , P r e m e n t e GM. im c t o b s . p g . . ^ R '• »«M M . C«,«er; V* A - « * » - . Statement October 3, 1928. Resources. Loans and discounts: Commercial ............................................... Savings ................................................... Real estate mortgages: Commercial ............................................; Savings ..................................................... Bonds and securities: Commercial .............................................. Savings ..................................................... Due from banks in reserve cities: Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Total cash on hand: Commercial ............................................... Overdrafts ..................................................... Banking house ............................................ Furniture and fixtures................................. Total ..................... Liabilities. $14, 742 40 21, 885 66 , 500 00 25, 840 00 1 9, 000 00 60, 306 75 Capital stock paid i n ................................ Surplus fu n d .................... . ! ! ! ! ! . ' ! ! " ! ! Undivided profits, net . . . . . . . ' . . . . . . . \ Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject to check. . . . Cashier’s checks ................................. Savings deposits (book account).’ .’ . ..’ .’ Savings certificates of deposit . . . . * * i i $15, 000 00 5, 000 00 4, 465 36 1, 094 88 25, 631 76 290 84 31, 514 97 74, 570 70 7, 354 67 9, 400 00 2 , 933 5 3, 100 , 500 1 32 71 00 00 $157, 568 51 Total $157, 568 51 No. 637. PE O PLE 'S STATE BANK, BUTTERNUT. Organized December 18, 1919. J ohn R. H u d s o n , P r e s i d e n t j G eorge W h it m o r e , W a l t e r I I u y c k , I ra T r o w b r id g e , C a s h i e r ; O r a M . W r ig h t , A s s i s t a n t C V ice P r es id e n ts a sh ier . D i r e c t o r s .— J o h n R . H u d s o n , B y r o n A r n t z , G e o . W h i t m o r e , Z . D . R u le W a lte r H u y ck . T C • M agee Statement October 3, 1928. Resources. Loans and discounts: Commercial ........................................... Savings ..................................................... Real estate mortgages: Savings ..................................................... Bonds and securities: Savings ..................................................... Due from banks in reserve cities: Commercial ............................................ Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal Savings dept,only...................................... Total cash on hand: Commercial ............................................ Overdrafts ..................................................... Banking house ........................................... Furniture andfixtures................................... Other real estate.......................................... Customers' bonds left with bank for safe keeping..................................................... Outside checks, revenue stamps and other cash ite m s ................................................. Total ................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $95, 510 65 13, 157 73 19, 817 32 26, 270 00 14, 254 37 3, 000 00 3, 500 00 3, 1, 2, 2, 13, 589 528 900 255 300 77 41 00 00 00 Capital stock paid in .................................. Surplus fund ............................................... Undivided profits, net................................... Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject to ch e c k ... Demand certificates of deposit................... Cashier’s checks .......................................... Savings deposits (bookaccount)................. Savings certificates of deposit................... Bills payable ............................................... Customers' bonds left with bank for safe keeping ...................................................... $20, 000 00 4 , 000 00 103 05 2, 35, 74, 1, 29, 21, 9, 487 718 507 122 977 685 500 49 85 73 13 49 46 00 6, 600 00 6 , 600 00 18 95 $205, 702 20 Total ................................................... $205, 702 20 50 STATE BAN K IN G D EPARTM ENT No. 313. THE STATE B A N K OF BYRON, BYRON. Organized June 7, 1905. E ugene W o l f i n , P r e s i d e n t j B e t t i e J. C h a f f e e , A l m a L . V an A l s t in e , C a s h i e r ; L. W . V an A l s t in e , D i r e c t o r s .— J. L . Van A l s t in e . B raden, A ssista n t E u g e n e W o lfin , B e t t i e A lm a L . B ra d e n J. V ice P r es id e n ts j J. L . C a sh ier . C h a ffe e ,, M il l ie D. L ee, Statement October 3, 1928. Resources. Liabilities. Loans and discounts : Commercial.......................................... Real estate mortgages: Commercial .......................... Savings................................................. Bonds and securities: Commercial ................ Savings ................................................ Due from banks in reserve cities: Commercial ............................................ Savings .......................... .............. Total cash on hand: Commercial .......................... Savings................................................... Overdrafts ................................................. Banking house .......................................... Furniture and fixtures.............................. Other real estate....................................... Total 755 73 18, 628 48 84, 963 27 000 00 500 po Capital stock paid in ................................ Surplus fund .............................................. Undivided profits, net....................... Commercial deposits subject to check Demand certificates of deposit.............. Savings deposits (book account) . Savings certificates of deposit................ $20, 7, 4, 40, 48, 34, 144, 000 000 563 524 893 471 980 00 00 55 68 30 86 16 754 47 578 68 938 410 4 200 3, 300 400 ............................................ 56 07 29 00 00 00 $300. 433 55 $300, 433 55 No. 673. BYRON CENTER STATE BANK, BYRON CENTER. Organized October 27, 1920. S ie r d A n d r in g a , D i r e c t o r s .— S ie r d P r e s id e n t ; D a n ie l B u r g e s s , V i c e P r e s i d A. V ander W agen , A s s i s t a n t C a A n d r in g a , P a u l F ra n ce, D a n ie l B u rg ess, e n t; sh ier. John F r a n k . W ie r e n g a , H o m r ic h , P eter C a sh ier ; H o lle m a n . Statement October 3, 1928. Resources. Loans and discounts: Commercial .............................................. Savings ..................................................... Real estate mortgages: Savings ...................................................... Bonds and securities: Commercial ............................................... Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................. Total cash on hand: Commercial ............................................ Savings ..................................................... Overdrafts ................................................... Banking house ............................................ Furniture and fixtures................................ Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $67, 257 96 5, 730 00 55, 405 00 56, 100 00 48, 800 00 53, 575 65 13, 881 59 Capital stock paid in ................................. Surplus f u n d ......................... Undivided profits, net................................. Reserved for taxes, interest, depreciation, etc. ............................................................ Commercial deposits subject to ch eck.. Demand certifiâtes of deposit.................. Cashier’ s checks ................................... Savings deposits (book account)................ $25, 000 00 6, 000 00 3, 848 60 1, 601 73, 263 7 1 ,2 1 0 2, 249 1 3 2 ,3 5 0 57 97 7? 46 50 1, 350 00 4, 361 97 2, 000 00 116 73 3, 355 87 3, 590 06 $315, 524 83 Total $315, 524 83 51 STATE B A N K S OF M ICHIGAN No. 670. AM ER ICAN STATE BAN K , CADILLAC. Organized September 8, 1920. P eter E. T orbeson, F r e d S. L a m b , V i c e P r e s i d R euben F . F o r sm a n , A s s i s t a n t P r e s id e n t; e n t ; G eorge C a sh ier . A. H odson , C a sh ier ; D i r e c t o r s .-— E m i l F . B r e h m , E . F . S a w y e r , P e t e r E . T o r b e s o n , W . S. W i ll ia m s , J o h n A . W i ll m a n , H . F . D o n a h u e , W a l t e r S e e g m ille r , L . C . S c h a l o w , F r e d S. L a m b , J . F . B e r n e r , L . V a n M e te r. Statement October 3, 1928. Resources. Loans and discounts: Commercial ............................................... Savings ..................................................... Real estate mortgages: Commercial .............................................. Savings ..................................................... Bonds and securities: Commercial ........................................... Savings ..................................................... Due from banks in reserve cities: Commercial ............................................... Savings ...................................................... Exch. for C. H. and checks on banks in same place: Commercial ............................................... Total cash on hand: Commercial ............................................... Savings ...................................................... Overdrafts ..................................................... Banking house ............................................ Furniture and fixtures................................. Other real estate.......................................... Other assets ................................................. Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $172, 189 16 79, 922 23 2, 949 02 87, 918 53 33, 225 00 50, 920 00 21, 509 02 8, 707 70 Capital stock paid in ................................. Surplus fund .............................................. Undivided profits, net................................ Commercial deposits subject to c h e c k ... Demand certificates of deposit................... Certified checks ............................................ Cashier’ s checks .......................................... Savings deposits (book account).............. Savings certificates of deposit................... Club savings deposits................................. Bills payable................................................. $100, 000 00 11, 500 00 6, 620 17 8 1 ,4 5 6 38 43, 997 51 200 1 ,2 1 2 26 214, 580 24 11, 079 95 15, 787 50 30, 000 00 3, 296 84 1 ,3 6 4 7, 000 362 26,410 16, 048 4, 349 63 35 00 09 79 45 80 03 $516, 236 01 Total $516, 236 01 52 STATE BA N K IN G D EPARTM ENT No. 181. THE CADILLAC STATE BA N K , CADILLAC. Organized September 30, 1895. Corporate existence extended September 30, 1925. F red L. R e ed, P r e s i d e n t ; H e n r y K n o w l t o n , V i c e P r e s i d e n t ; J a y J. V e ld m a n , C a s h i e r „ __ C. C. T y s o n , A s s i s t a n t C a s h i e r . D i r e c t o r s .— i . J C o b b s , W m . L . S a u n d e r s , J o s e p h M u r p h y , F r e d L . R e e d , C. F . W i ll ia m s C. A . S a u n d e r s , G e o . G . B r o w n , C. T . M it c h e l l , H e n r y K n o w l t o n , J n o . P . W i l c o x J C F o r d Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial.............................................. $1, 069, 284 55 Savings ..................................................... 464, 129 22 Real estate mortgages: Commercial .............................................. 20, 094 12 Savings .............................. ................ 297, 733 94 Bonds and securities: Commercial .............................................. 243, 340 69 Savings ..................................................... 524, 999 94 Duo from banks in reserve cities: Commercial ..................................... .. 253, 214 94 Savings ..................................................... 16, 400 58 U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... 134, 350 00 Exch. for C. H. and checks on banks in same place: Commercial ............................................... 14 10 Total cash on hand: Commercial .............................................. 29, 841 69 Savings ..................................................... 25, 000 00 Overdrafts ..................................................... 370 15 Banking h ou se.............................................. 12, 500 00 Furniture and fixtures................................. 3, 500 00 Other real estate....................................... 11. 606 83 Customers’ bonds left with bank for safe keeping ...................................................... 22, 700 00 Total $3, 129, 080 75 Capital stock paid in ................................. Surplus f u n d ...................... Undivided profits, net................................... Dividends unpaid .................................\\\ Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject to check. . . Demand certificates of deposit................... Certified checks ............................................ Cashier's checks ....................................... Due to other banks and bankers. . . . . . Postal savings deposits.............................. Savings deposits (book account).............. Savings certificates of deposit.................. Club savings deposits................................... Customers’ bonds left with bank for safe keeping ..................................................... Total $100, 100, 50, 2, 000 000 893 157 00 00 01 00 13, 000 00 498, 210 13 815, 681 66 220 00 1, 631 34 76, 848 08 2, 523 78 , 315, 844 99 102, 585 99 26,,784 77 22, 700 00 $3, 129, 080 75 No. 261. THE P E O P L E ’ S SAVINGS BAN K , CADILLAC. Organized April 20, 1902. E. J. H a y n e s , D i r e c t o r s .-— E . P e r r y F . P o w e r s , S r ., V i c e P r e s i d e n t ; G e o . C h a p m a n , C a s h A. G. C h a p m a n , A s s i s t a n t C a s h i e r . H a y n es, A . G. C h ap m an , A . W . J o h n sto n e , G eorg e C h a p m a n , P e r r y P o w e r s , S r ., A . W . P e n n y , H a r r y G . C h a p m a n . P r e s id e n t; J. ier ; F. Statement October 3, 1928. Resources. Loans and discounts: Commercial ............................................ $592, Savings ..................................................... 146, Real estate mortgages: Savings ..................................................... 608, Due from banks in reserve cities: Commercial ............................................... 22, Savings ..................................................... 75, Exch. for C. H. and checks on banks in same place: Commercial .............................................. 5, Total cash on hand: Commercial ............................................... 15, Savings ..................................................... 30, Overdrafts ..................................................... Banking h ou se.............................................. 33, Furniture and fixtures................................... 2, Other real estate.......................................... 8, Outside checks, revenue stamps and other 1, cash items .............................................. Total ................................................... $1, 541, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. 542 35 337 49 442 54 202 44 021 88 Capital stock paid in ................................... Surplus fund ................................................. Undivided profits, net................................. Dividends npaid .......................................... Commercial deposits subject to check.. . Certified checks ....................................... State moneys on deposit............................ Savings deposits (book account).............. Savings certificates of deposit................. $100, 000 00 20, 000 00 47, 834 07 180 00 468, 263 62 100 00 35, 000 00 6 3 2 ,4 0 0 91 238, 045 58 335 35 440 000 621 500 000 830 31 00 90 00 00 00 549 92 824 18 Total $1, 541, 824 18 ’ STATE BANK S OF MICHIGAN 53 No. 291. THE STATE B A N K OF CALEDONIA, CALEDONIA. Organized June 11, 1904. Se th Gray, D i r e c t o r s .. P r e s id e n t; F red W . R u e iis , K e it h B o w m a n , V ice P r e s id e n t; A ssista n t C a sh ier J. . C. P roctor, C a sh ier • * S e t h G r a y , F r e d W . K u e h s , J. C. P r o c t o r , A l b e r t M ille r , C. F . B e e la r , F . S. B r o w n . Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial .............................................. $228, 609 Real estate mortgages: Savings ................................................. 163, 570 Bonds and securities: 700, Commercial .............................................. Savings ............................................................... 242, 60o’ Due from Federal Reserve bank: Commercial .............................................. 12, 000 18, 179 Savings ..................................................... Due from banks in reserve cities: Savings ...................................................... 10, 939 Total cash on hand: Commercial .................................... . . . . 3, 000 Savings ........................... 8, 364 Overdrafts .............................................. 971 Furniture and fixtures................................. 2, 375 Other real estate.......................................... 7, 378 1, 950 Stock of Federal Reserve bank................ T o t a l..................................................... 69 95 00 00 00 04 01 Capital stock paid in ................................... Surplus f u n d ....... ......................................... Undivided profits, net................................... Dividends un p aid.......................................... Reserved for taxes, interest, depreciation, etc....................................... . Commercial deposits subject to check.. Demand certificates of deposit................ State moneys on deposit............................ Savings deposits (book account)............ Savings certificates of deposit................... Bills payable ................................................. $ 50 , 000 00 14, 000 00 4 . 653 84 ’ 28 00 9, 693 8 7 ,9 3 7 161, 620 20, 000 262, 061 75, 643 15, 000 45 04 63 00 99 28 00 00 58 28 43 25 00 $700, 638 23 Total ................................................... $ 700, 638 23 No. 87. THE M ERCHANTS ’ AND M IN E R S ' BAN K , CALUMET. Organized August 7, 1873. Corporate existence extended August 7, 1902. One Branch. G ordon R. C a m p b e l l , C h a B r a n k J. K o h l h a a s , P r e s i d e n t ; T h o m a s H o a t s o n , W . G. C u d l i p , W a l t e r E d w a r d s , E d g a r D i r e c t o r s .— P e t e r E . R u p p e , E. H oa tson , N o r m a n M a c D o n a ld , W . H . T h ie lm a n . ir m a n V ice o f B oa rd . P r e s i d e n t ; B. H . M anger, A s sista n t C a sh iers. C a sh ier - J oh nson, M. L ie b le in , F r e d S m it h , H erm a n H aas, F ran k J. G ord on R. K o h lh a a s , C a m p b e ll, T h o m a s S. C. C h y n o w e t h , Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial................................................... $1, 051, 532 42 Real estate mortgages: Commercial .......................................... 24, 485 38 Bonds and securities: Commercial ............................................ 2, 259, 027 69 Due from banks in reserve cities: Commercial .............................................. 1, 119, 108 08 Exch. for C. H. and checks on banks in same place: Commercial .............................................. 7, 466 53 Total cash on hand: Commercial ............................................... 163, 464 48 Overdrafts ..................................................... 168 54 Banking house ............................................ 25, 000 00 Furniture and fixtures................................. 10, 044 90 Due from banks other than in reserve cities ....................................... .. ............ 98, 804 82 Total ................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $4, 759, 102 84 Capital stock paid in ................................. Surplus f u n d ................................................. Undivided profits, net................................ Dividends unpaid ........................................ Commercial deposits subject to check____ Demand certificates of deposit.................. Certified checks .......................................... Cashier’ s checks .......................................... Due to other banks andbankers............... Time commercial certificates ofdeposit. . Total $200, 000 200, 000 244, 617 2, 316 3, 675, 353 159, 547 3 ,1 2 6 27, 945 15, 212 230, 983 00 00 51 00 45 47 20 92 52 77 $4, 759, 102 84 54 STATE BA N K IN G D EPARTM ENT No. 320. THE FIRST STATE BAN K , CAMDEN. Organized August 24, 1905. C. B . A l w a r d , P r e s id e n t; J. Z. M. D i r e c t o r s .— C. B . A l w a r d , A. B ates, S w if t , A V ice P r e s id e n t; s sista n t B. R. A lw ard , C a sh ier ; C a sh ier . J. A . B a te s, B . R . A lw a r d , B. S. A l w a r d , K a y R ic e . Statement October 3, 1928. Resources. Loans and discounts: Commercial ............................................... Savings ..................................................... Real estate mortgages: Savings ..................................................... Bonds and securities: Commercial .............................................. Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept only................................... Total cash on hand: Commercial ............................................... Savings ..................................................... Overdrafts ..................................................... Banking house ............................................ Furniture and fixtures................................. Other real estate......................................... Customers' bonds left with bank for safe keeping.................. Outside checks, revenue stamps and other cash items ............................................... Total ................... ................................ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $106, 492 22 8, 706 83 66, 973 64 70, 094 74 80, 471 25 57, 461 80 28, 140 12 Capital stock paid i n . ................................ Surplus fund ............................................... Dndivided profits, net................................ 'Commercial deposits subject to check.. . . Demand certificates of deposit................ Cashier’ s checks ..................................... .... Savings deposits (book account)............ Savings certificates of deposit.................. Customers’ bonds left with bank for safe keeping ..................................................... $20, 000 10, 000 5, 751 59, 018 153, 641 1 ,3 5 7 6 4 ,7 8 8 123, 668 00 00 99 41 87 33 01 90 19, 800 00 3 , 950 00 6, 803 90 215 07 79 07 2, 180 25 1 ,3 0 8 17 5, 111 78 19,800 00 237 67 $45S, 026 51 Total ................................................... $458, 026 51 STATE BAN K S OF MICHIGAN 55 N o . 208. CAPAC STATE SAYINGS BANK, CAPAC. Organized June 5, 1898. Corporate existence extended June 5, 1928. H e r b e r t C . S i e g e l , P r e s i d e n t ; A l b e r t T o s c h , O. A . P r e y , V i c e P r e s i d e n t s ; W . C . S ie g e l , C a s h i e r j N. H . B r e n n a n , A s s i s t a n t C a s h i e r ; G. S m it h P o w e r s , A u d i t o r . D i r e c t o r s .— L i n c o l n A v e r y , A l v a L e a c h , O. A . P r e y , A l b e r t T o s c h , H e r b e r t C . S ie g e l, G e o . C. W a t s o n , C o r e y L e a c h , E lm e r L a n g . Statement October 3, 1928. Resources. Loans and discounts: Commercial .............. Savings ..................... Real estate mortgages: Commercial .............. Savings ..................... Bonds and securities: Savings ..................... Due from banks in reserve cities: Commercial .............. Savings ..................... U. S. Bds. and Cert. of Ind. as legal reserve: Savings dept. o n ly .. Esch. for C. H. and checks on banks in same place: Commercial .............. Total cash on hand: Commercial .............. Savings ..................... Overdrafts ..................... Banking house ............ Furniture and fixtures. Other real estate......... Customers’ bonds left with bank for safe keeping ..................... Outside checks, revenue stamps and other cash items .............. Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $168, 496 93 29, 674 76 3, 750 00 104, 640 77 145, 167 25 18, 521 15 37, 000 00 Capital stock paid i n .............................. Surplus fund ............................................... Undivided profits, net................................... Dividends unpaid ........................................ Commercial deposits subject to ch eck.. . . Demand certificates of deposit................... Cashier’ s checks .......................................... Savings deposits (book account).............. Bills payable ......................................... Customers’ bonds left with bank for safe keeping...................................................... $20, 000 00 6, 000 00 17, 188 35 100 00 82, 477 61 94, 274 72 1, 920 27 333, 219 03 7, 500 00 7, 600 00 10, 000 00 85 53 1, 078 6 , 736 313 6 , 709 2, 898 27, 457 84 25 07 23 94 26 7, 600 00 150 00 $570, 279 98 Total $570, 279 98 56 STATE BA N K IN G DEPARTM ENT No. 303. STATE SAVINGS B A N K OF CARLETON, CARLETON. Organized December 1, 1904. E d w in C. M a x w e l l , P r e s i d e n t ; E d w a r d F . K a h l b a u m , V i c e P r e s i d e n t ; R . J . M c C o r m i c k , C a s h i e r j A n d r e w D . W o o d w a r d , A s s i s t a n t C a s h i e r ; H a r r y S. G e r m a n , A u d i t o r . D i r e c t o r s .— E d w in C. M a x w e l i , J . E d w a r d R e a d y , H a r r y S. G e r m a n , R . J . M c C o r m ic k , Edw . F. K a h lb a u m , R a lp h A. L ueke. Statement October 3, 1928. Resources. Loans and discounts: Commercial ............................................ Savings ..................................................... Real estate mortgages: Commercial ............................................ Savings ..................................................... Bonds and securities: • Savings ......................................... Due from banks in reserve cities: ............................. Commercial Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept', only...................................... Total cash on hand: Commercial ................................................... Savings ..................................................... Banking h ou se.............................................. Furniture andfixtures.................................... Other real estate....................................... Due from banks other than in reserve c it i e s .............................. Customers’ bonds left with bank for safe keeping ................................................... Outside checks, revenue stamps and other cash items .............................................. Total ................................................... Liabilities. $ 145( 580 22 34, 527 00 4, 650 00 30o’ 672 67 69, 859 60 12, 146 66 28, 859 47 55, 050 00 17, 757 78 8, 000 00 Capital stock paid in ................................ Surplus fund .............................................. Undivided profits, net................................. Dividends unpaid ........................................ Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject to check. . Demand certificates of deposit................... Certified checks .......................................... Cashier’s checks .......................... . Savings deposits (book account).............. Savings certificates of deposit.................. Club savings deposits................................... Customers’ bonds left with bank for safe keeping ..................................................... $20, 000 00 20, 000 00 24, 434 16 240 00 101, 30, 7, 2, 418, 68, 2, 203 237 000 488 643 646 703 218 31 92 00 82 98 07 42 98 3, 900 00 5, 809 00 4, 767 00 1, 400 00 5, 943 45 3, 900 00 793 81 $699, 716 66 Total $699, 716 66 ........................................................ No. 525. THE P E O P L E ’ S STATE B A N K OF CARO, CARO. Organized November 11, 1912. J o s e p h H . B e c k t o n , P r e s id e n t ; C a r l S ie l a n d , A l b e r t O. P u r d y , V ic e P r e s id e n t s ; S a m u e l R . P a r k , C a s h i e r ; H . H . P u r d y , A s s i s t a n t C a s h ie r . D i r e c t o r s .— J o s e p h H . B e c k t o n , A l b e r t O . P u r d y , C a r l S ie la n d , S a m u e l R . P a r k , R o b e r t P a r k , J r ., D . H e a l y C la r k , F r e d J . P u rd y. Statement October 3, 1928. Resources. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $91, 612 70 109, 689 42 385, 087 50 172, 000 00 211, 500 00 55, 734 31 70, 000 00 $40, 000 00 40, 000 00 43 85 250, 558 30 9, 147 23 137 06 549, 192 45 260, 461 26 ............ ............ check. . ............ ............ ............ for safe ............ 241, 750 00 12, 123 63 10, 000 136 13, 500 500 17, 656 00 02 00 00 57 241, 750 00 $1, 391, 290 15 Total ..................................... CO CO Total Liabilities. Capital stock paid in ................ Surplus fund .............................. Undivided profits, net................ Commercial deposits subject to Demand certificates of deposit. Cashier’s checks ....................... Savings deposits (book account) Savings certificates of deposit. . Customers’ bonds left with bank keeping ..................................... ■se Loans and discounts: Commercial ............................................... Savings ..................................................... Real estate mortgages: Savings ...................................................... Bonds and securities: Commercial .............................................. Savings ..................................................... Due from banks in reserve cities: Commercial ............................................ Savings ..................................................... Exch. for C. H. and checks on banks in same place: Commercial ............................................... Total cash on hand: Savings ..................................................... Overdrafts ..................................................... Banking house ............................................ Furniture and fixtures................................. Other real estate.......................................... Customers’ bonds left with bank for safe keeping ...................................................... 290 15 STATE BAN K S OF MICHIGAN 57 No. 286. *THE STATE SAYINGS B A N K OF CARO, CARO Organized April 27, 1904. L o u i s W e a n , P r e s i d e n t ; A . D . G a l l e r y , II. L . D i x o n , V i c e P r e s i d e n t s j C l a r e n c e R . M y e r s , C a s h ie r . D i r e c t o r s .-— L o u i s W ean, L e e R . S t e w a r t , C la r e n c e R . M y e r s , G a lle r y , R . L . D ix o n , D . M . G r a h a m . M e r r ill G. A tw o o d , A. D. 000 000 920 378 898 000 000 894 707 410 000 00 00 96 34 34 00 00 14 74 50 00 Statement October 3, 1928. Resources. Loans and discounts: Commercial .............................................. Real estate mortgages: Commercial .............................................. Savings ..................................................... Bonds and securities: Savings ..................................................... Due from Federal Reserve bank: Commercial .............................................. Liabilities. $290, 901 95 115, 931 81 37, 919 00 387, 304 64 240, 990 00 30, 914 69 22, 500 00 Due from banks in reserve cities: Savings ..................................................... Exch. for C. H. and checks on banks in same place: Commercial .............................................. Total cash on hand: Commercial ............................................... Savings ..................................................... Overdrafts ..................................................... Banking house ............................................ Furniture and fixtures................................... Other real estate.......................................... Customers’ bonds left with bank for safe keeping ..................................................... Outside checks, revenue stamps and other cash items ............................................... Stock of Federal Reserve bank................ Accrued interest receivable (n e t )............ Total Accrued interest and expense payable, net 53, 550 00 1,893 18 3, 173 42 566 15, 000 946 40, 000 15, 000 34, 609 74 00 74 00 00 02 53, 550 00 132 27 3, 000 00 4, 745 69 S e p t e m b e r 2 0 , 1 9 2 8 T h e C o m m e r c ia l S t a t e S a v in g s B a n k o f C a r o . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Commercial deposits subject to c h e c k .... Demand certificates of deposit................... State moneys on deposit............................ Time commercial certificates of deposit. . Savings deposits (book account).............. Savings certificates of deposit................ Club savings deposits................................... $75, 25, 1, 366j 5, 40, 25, 449, 293, 7, 20, Customers’ bonds left with bank for safe 55, 245 16 13, 222 07 ........................................................ $1, 365, 653 20 *O n Capital stock paid in ................................. Surplus f u n d ................................................. Total S a v in g s ................................................... $1, 365, 653 20 Bank of C aro, c o n s o lid a t e d w ith The 58 STATE B A N K IN G D EPARTM ENT No. 558. THE F A R M E R S ’ AND M ERC H AN TS' STATE B A N K OF CARSON CITY. Organized December 21, 1914. W . E . A d a m s , P r e s id e n t ; M . H . K i p p , V ic e P r e s i d e n t ; E . B . S t e b b in s , C a s h i e r ; M . E . G e o r g e , A s s is ta n t C a sh ier an d A u d ito r . D i r e c t o r s .— W . E . A d a m s , D e lb e r t M a y e s , M . I I . K ip p , E . B . S t e b b in s , M a r t i n S t r a i g h t , R ay C. B rook s, E d w ard J. O w ens. Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial .......................................... Savings ................................................... Real estate mortgages: Commercial .............................................. Savings ..................................................... Bonds and securities : Commercial .......................................... Savings ................................................... Due from Federal Reserve bank: Commercial .......................................... Savings ..................................................... Due from banks in reserve cities: Commercial .......................................... Savings ...................................................... Total cash on hand: Commercial .......................................... Savings ................................................... Overdrafts ...................................................... Furniture andfixtures................... Other real estate.......................................... Outside checks, revenue stamps and other cash items ............................................... Stock of Federal Reserve bank................ Total ................................................... $102, 217 33 43, 889 06 601 36 54, 870 63 10, 000 00 79, 700 00 11, 541 71 Capital stock paid in .................................. Surplus fund .............................................. Undivided profits, net................................... Dividends unpaid ........................................ Commercial deposits subject to ch e ck ... Demand certificates of deposit................... Cashier’ s checks .......................................... Savings deposits (bookaccount)............... Savings certificates ofdeposit....................... Notes and bills rediscounted..................... $25, 000 00 10, 000 00 5, 195 76 2400 6 4 ,2 6 5 09 24, 745 91 2, 079 16 110, 076 82 82, 647 59 16, 862 64 5, 500 00 5, 822 24 5, 000 00 5, 360 45 3, 750 00 113 83 6, 750 00 3, 606 82 1, 123 54 1, 050 00 $340, 896 97 Total ................................................... $340, 896 97 No. 72. STATE B A N K OF CARSON CITY, CARSON CITY. Organized February 14, 1887. Corporate existence extended February 14, 1917. I ra C u m m in g s , P r e s id e n t; D i r e c t o r s .— J . W. H a lle tt , E . D . L y o n , V i c e P r e s i d e n t ; B e s s E . S o m e r s , Cashier; C l a r e H a r d e n , A s s i s t a n t C a sh ier. G . K . D a n ie ls , B e ss E . S om ers, I s a a c K r o h n , I r a C u m m in g s , E . D. Lyon, B ern ard M ille r . Statement October 3, 1928. Resources. Loans and discounts: Commercial.......................................... Real estate mortgages: Savings...................................................... Bonds and securities: Commercial.......................................... Savings ............................................ Due from banks in reserve cities: Commercial................................... Savings ..................................................... U S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Exch. for C. H. and checks on banks in same place: Commercial ............................................... Total cash on hand: Commercial............................................... Savings ..................................................... Overdrafts ..................................................... Banking house ............................................ Furniture and fixtures................................. Other real estate..................................... Total ................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $192, 865 52 187, 937 98 19, 079 20 196, 755 19 Capital stock paid in ................................. Surplus f u n d .............................................. Undivided profits, net.............................. Commercial deposits subject to check.. . Demand certificates of deposit.............. Savings deposits (book account) ____ Savings certificates of deposit.............. $50, 10, 15, 99, 89, 316, 125, 000 00 000 00 190 717 509 379 194 04 18 48 29 93 19, 710 70 6, 368 10 45, 512 95 6, 286 44 1, 390 94 5, 000 00 42 31 7, 800 00 5, O il 59 12, 230 00 $705, 990 92 Total ................................................. $705, 990 92 59 STATE BAN K S OF M ICHIGAN No. 234. EXCHANGE STATE BAN K , CARSONVILLE. Organized June 18, 1901. D a v i d C r o r e y , P r e s i d e n t ; W . C. V i v i a n , V i c e P r e s i d e n t ; W . J . M c C a r e n , C a s h i e r ; F r a n k C. C r o r e y , H . L . V i v i a n , F . D . M c C a r e n , A s s i s t a n t C a s h i e r s . D i r e c t o r s .— D a v i d C r o r e y , W . J . M c C a r e n , F r a n k C . C r o r e y , E d w a r d M e y e r , W . C. V i v i a n , Jam es T r ig g e r , A sh to n R u t t le . Statement October 3, 1928. Liabilities. Resources. Loans and discounts: Commercial ............ Savings ..................... Real estate mortgages: Commercial .............. Savings ..................... Bonds and securities: Commercial ............ Savings ............................ Due from banks in reserve cities: Commercial .............. Savings ..................... U. S. Bds. and Cert. of Ind. as legal reserve: Savings dept. o n ly .. Total cash on hand: Commercial ............ Savings ..................... Overdrafts ..................... Banking house ............ Furniture and fixtures. Other real estate................ Customers’ bonds left with bank for safe keeping ..................... Outside checks, revenue stamps and other cash items .............. Total $164, 172 45 32, 384 22 10, 459 64 130, 152 05 86, 500 00 36, 500 00 40, 727 90 33, 207 65 Capital stock paid i n ....................... . ' . . . Surplus fund ............................................... Undivided profits, net................................... Reserved for taxes, interest, depreciation, etc................................................................. Commercial deposits subject to check.. Demand certificates of deposit................... Cashier’ s checks .......................................... Savings deposits (book account).............. Savings certificates of deposit................. Customers’ bonds left with bank for safe keeping ..................................................... $ 2 5 ,0 0 0 00 6, 000 00 9, 304 71 1, 955 117 ,701 162, 789 1 ,1 2 1 66, 338 195, 945 50 74 25 77 68 51 21, 200 00 28, 350 00 6, 879 90 3, 000 00 702 23 2, 750 00 1, 500 00 7, 333 50 21, 200 00 1, 537 62 ................... $607, 357 16 $607, 357 16 Total No. 571. F A R M E R S ’ AND M ERC H AN TS’ STATE BAN K . CASNOVIA. Organized December 27, 1915. C . B . S t i n s o n , P r e s i d e n t ; C. E s t l o w , V i c e P r e s i d e n t ; V . R . F a n c e t t , C a s h i e r ; E . F a n c e t t , A s s i s t a n t C a sh ier. D i r e c t o r s .— E . H . N o r r i s , F r a n k N e ls o n , C . B . S t i n s o n , C la u d E s t l o w , C la r e K e m p f . Statement October 3, 1928. Liabilities. Resources. Loans and discounts: Commercial .............................................. Savings ..................................................... Real estate mortgages: Commercial .............................................. Savings ...................................................... Bonds and securities: Savings ..................................................... Due from banks in reserve cities: Commercial ............................................... Savings ..................................................... U S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Total cash on hand: Commercial .............................................. Savings ..................................................... Overdrafts ...................................................... Expenses, interest and taxes paid ex ceeding earnings ..................................... Banking house ............................................ Furniture and fixtures................................. Other real estate............................................ Customers’ bonds left with bank for safe keeping ..................................................... Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $69, 999 11 37, 604 67 11, 372 58 78, 827 78 14, 396 25 6,852 37 14, 067 46 Capital stock paid i n ................................ Surplus fund .............................................. Reserved for taxes, interest, depreciation, etc...................................... Commercial deposits subject tocheck. . . Demand certificates of deposit.................. Cashier’ s check ............................................ Savings deposits (book account)............ Savings certificates of deposit................... Bills payable ......................... Customers’ bonds left with bank for safe keeping ...................................................... $20, 000 00 5, 000 00 1, 000 00 57, 380 34 34, 383 90 378 50 95, 280 94 41, 037 50 5, 000 00 8, 550 00 4, 450 00 7, 057 68 2, 000 00 110 60 1, 1, 2, 6, 976 500 512 733 56 00 50 62 8, 550 00 $268, 011 18 Total $268, O il 18 60 STATE BAN K IN G DEPARTM ENT No. 680. CASS CITY STATE BANK , CASS CITY. Organized June 10, 1921. M . B . A u t e n , P r e s i d e n t ; G . A . T in d a l e , V i c e P r e s i d e n t ; C. M . W a l l a c e , C a s h i e r ; H ester Ca th c a r t , A ssista n t C a sh ier. D i r e c t o r s .— B . F . B e n k e lm a n , A . J . K n a p p , J o h n A . S a n d h a m , M . B . A u t e n , G . A . T i n d a le . Statement October 3, 1928. Resources. Loans and discounts: Commercial .............................................. Real estate mortgages: Commercial .............................................. Savings ............................................! ! . . Bonds and securities: Savings ..................................................... Due from Federal Reserve bank: Savings ..................................................... Due from banks in reserve cities: Commercial ............................................... Savings .............................................. Total cash on hand: Commercial .............................................. Banking house ............................................ Customers’ bonds left with bank for safe keeping ..................................................... Stock of Federal Reserve bank................. Total ................................................... Liabilities. $ 179, 174 33 4, 010 00 134’ 740 60 138, 000 00 21, 000 00 22, 466 85 6, 000 00 Capital stock paid in ................................... Surplus f u n d ................................................. Undivided profits, net................................ Commercial deposits subject to check. . . . Demand certificates of deposit................ Certified checks............................................ Savings deposits (book account)............ Savings certificates of deposit................... Customers’ bonds left with bank for safe keeping ..................................................... $40, 12, 6, 99, 61, 2, 266, 29, 000 000 130 444 770 000 019 890 00 00 58 19 38 00 67 70 34, 950 00 7, 263 74 3, 000 00 34, 950 00 1, 600 00 $552, 205 52 Total ................................................... $552, 205 52 No. 671. PIN N E Y STATE BANK , CASS CITY. Organized January 12, 1921. E l iz a b e t h E . P i n n e y , P r e s i d e n t ; H . F . L e n z n e r , V ic e P r e s i d e n t ; E r n e s t C r o f t , C a s h i e r ; J . C . M c R a e , F r e d e r ic k H . P i n n e y , D . W . B e n k e l m a n , A s s i s t a n t C a s h ie r s . D i r e c t o r s .— E l i z a b e t h E . P in n e y , J . D . B r o o k e r , H e r b e r t F . L e n z n e r , P . A . S c h e n c k , G. H . B u rke. Statement October 3, 1928. Liabilities. Resources. Loans and discounts : Commercial ............................................... Savings ..................................................... Real estate mortgages: Commercial ............................................... Savings ..................................................... Bonds and securities: Savings ................................ Due from Federal Reserve bank: Commercial ............................................ Savings ................................................... Due from banks in reserve cities: Commercial ............................................... Savings ..................................................... Exch. for C. H. and checks on banks in In same place: Commercial ............................................. Total cash on hand: Commercial ............................................ Savings ...................................................... Overdrafts ...................................................... Banking house ............................................ Furniture and fixtures............................... Due from banks other than in reserve cities ........................................................ Customers’ bonds left with bank for safe keeping ...................................................... Stock of Federal Reserve bank................ Total ................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $129, 248 02 63, 801 02 3, 571 00 215, 936 28 351, 062 50 5, 030 25 25, 000 00 Capital stock paid i n ................................ Surplus fund .............................................. Undivided profits, net................................. Commercial deposits subject to c h e c k ,... Demand certificates of deposit................. Certified checks ............................................ Cashier’ s checks .......................................... Savings deposits (book account)............ Savings certificates of deposit................... Customers’ bonds left with bank for safe keeping ..................................................... $50, 15, 8, 123, 16, 000 000 457 433 086 300 4, 689 335, 940 305, 771 00 00 97 58 85 00 88 10 56 67,156 00 28, 800 67 12, 000 00 646 29 1 ,7 7 5 93 8, 000 00 798 4, 000 00 1 ,0 0 0 00 8, 000 00 67, 156 00 1,80000 $926, 835 94 Total ................................................... $926, 835 94 STATE BAN K S OF M ICHIGAN 61 N o . 421. THE CASS COUNTY STATE BANK, CASSOPOLIS. Organized August 27, 1908. E l ic k L o w it z , P r e s id e n t ; St e p h e n I . R u dd, R . F . P e c k , V ic e P r e s id e n t s ; W il s o n D e c k e r , C a s h ie r ; C l y d e L . C o r b it , V e r a P e c k , A s s i s t a n t C a sh iers. D i r e c t o r s .-— S l i c k L o w itz , S te p h e n I . R u d d , U . S. E b y , R . F . W ils o n B . D eck e r, W . C. M c C u tc h e o n . Peck, J. F. B H ayden Statement October 3, 1928. Resources. Loans and discounts: Commercial .............................................. Real estate mortgages: Commercial ............................. Savings ................................................... Bonds and securities : Commercial .............................................. Savings ..................................................... Due from Federal Reserve bank. Commercial .......................................... Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Exch. for C. H. and checks on banks in in same place: Commercial ............................................... Total cash on hand: .............................. Commercial Savings ...................................................... Overdrafts .......................................... Premium account ........................................ Banking house .......................................... Furniture andfixtures................................... Other real estate.......................................... Customers’ bonds left with bank for safe keeping ..................................................... Stock of Federal Reserve bank................ Total ..................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $220, 744 48 15, 825 50 100, 762 64 133, 418 75 20, 050 00 12, 222 08 10, 000 00 Capital stock paid in ................................. Surplus f u n d ................................................. Undivided profits, net................................. Commercial deposits subject to check.. Demand certificates of deposit................... Cashier’ s checks .......................................... Time commercial certificates of deposit.. Savings deposits (book account)............ Savings certificates of deposit................ Customers’ bonds left with bank for safe keeping ................................................... $40, 000 10, 000 10, 523 1 4 3 ,7 2 4 891 2, 218 201, 116 1 2 1 ,2 5 6 16, 865 00 00 49 18 87 98 84 31 64 7, 550 00 1 1 ,1 2 6 75 742 27 1, 210 27 6, 909 31 965 93 41 25 6, 000 00 1, 500 00 3, 578 08 7, 550 00 1, 500 00 $554,147 31 Total ................................................... $554, 147 31 62 STATE B A N K IN G D EPARTM ENT No. 537. THE STATE B A N K OF CEDAR, CEDAR. Organized M ay 10, 1913. G eorge A . M a s o n , P r e s id e n t ; A . E . B e l l in g e r , J. C . V l a c k , V ic e S b o n e k , C a s h i e r ; S. K . B o r k e , A u d i t o r . P r e sid e n ts; F rank E. D i r e c t o r s .— G e o r g e A . M a s o n , E l m e r B il i m a n , A . E . B e lli n g e r , S. R . B u r k e , J . C. V la c k . Statement October 3, 1928. Resources. Loans and discounts: Commercial ........................................... Savings...................................................... Real estate mortgages: Commercial .............................................. Savings .............................. Bonds and securities: Commercial ........................................... Savings ..................................................... Due from banks in reserve cities: Commercial ........................................... Savings ...................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept', only................................. Total cash on hand: Commercial .............................................. Savings ...................................................... Overdrafts..................................................... Expenses, interest and taxes paid ex ceeding earnings ................................... Banking hou se............................................... Furniture andfixtures................................... Other real estate............................................ Customers’ bonds left with bank for safe keeping............................... Outside checks, revenue stamps and other cash ite m s ................................................. Total ................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $74, 420 68 8, 366 00 900 00 90, 338 33 29, 972 50 108, 250 00 15, 633 47 27, 056 27 Capital stock paid in ................................. Surplus fund .............................................. Dividends unpaid ........................................ Commercial deposits subject to check.. Demand certificates of deposit................ Cashier’s checks .......................................... Savings deposits (book account).............. Savings certificates of deposit..................... Customers’ bonds left with bank for safe keeping ..................................................... $20, 000 00 6, 000 00 16 00 5 5 ,6 8 5 47 66, 410 40 1, 323 63 243, 165 66 19440 31, 450 00 5, 500 00 765, 69 4, 000 00 93 39 1 ,9 8 4 10, 000 3, 600 11, 699 14 00 00 60 31, 450 00 215 49 $424, 245 56 Total ................................................... $424, 245 56 STATE BAN K S OF MICHIGAN 63 No. 581. CEDAR SPRINGS STATE BAN K , CEDAR SPRINGS. Organized April 4, 1916. F red H u b b a r d , P r e s id e n t ; J o h n B e u c u s , G e o . F . F u r n e r , V ic e P r e s id e n t s ; W h e e l a r , C a s h ie r ; L ee G r is w o l d , A s s i s t a n t C a sh ier. H erbert W. D i r e c t o r s .— F r e d H u b b a r d , J o h n B e u c u s , G e o r g e F . F u r n e r , L e e G r is w o ld , E r n e s t A . R e in e r , H erbert W. W h e e le r . Statement October 3, 1928. Liabilities. Resources. Loans and discounts : Commercial.............. Savings ..................... Real estate mortgages: Commercial .............. Savings ..................... Bonds and securities: Commercial .............. Savings..................... Due from banks in reserve cities : Commercial .............. $92, 092 39 50, 488 93 2. 400 00 125, 530 16 68, 800 25 72, 905 00 Capital stock paid in ................................... Surplus fund .............................................. Undivided profits, net................................. Commercial deposits subject to ch e ck ... Demand certificates of deposit................... State moneys on deposit......................... Savings deposits (book account).............. Savings certificates of deposit.................. Customers’ bonds left with bank for safe keeping ..................................................... $20, 12, 1, 98, 100, 5, 105, 213, 000 000 792 637 186 000 359 846 00 00 75 78 92 00 02 20 15, 950 00 39, 073 36 20, 112 94 U. S. Bds. and Cert. of Ind. as legal reserve : Savings dept, only . Total cash on hand: Commercial.............. Savings ..................... Overdrafts ..................... Banking house ............ Furniture and fixtures. Other real estate......... Customers’ bonds left with bank for safe 49, 850 00 2, 656 33 5, 500 00 274 09 14, 964 74 5, 537 58 6, 356 46 15, 950 00 Outside checks, revenue stamps and other cash items .............. f 4 280 44 $572, 772 67 Total ................................................... $572, 772 67 No. 675. FARM ERS & MERCHANTS STATE BA N K , CEDAR SPRINGS. Organized January 29, 1921. D ib P h e l p s , P r e s i d e n t ; T h o m a s J . B l a n c h a r d , V ic e P r e s i d e n t ; D e n n i s D . D a v i s , C a s h i e r ; C l a r e R e t b u r n , A s s i s t a n t C a s h i e r ; G e or ge M u n r o , T . J. B l a n c h a r d , D ib P h e l p s , A u d it o r s . D i r e c t o r s .— D ib P h e lp s , Thom as J . B la n c h a r d , G e o r g e G eorge M un ro. A r n o ld , Jam es E. H anna, Statement October 3, 1928. Liabilities. Resources. Other real estate................................... Total ........................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $56, 435 41 9, 423 20 2, 272 83 24, 504 22 22, O O Loans and discounts: Commercial ....................................... Savings...................................................... Real estate mortgages: Commercial ............................................ Savings ..................................................... Bonds and securities: Savings ...................................................... Due from banks in reserve cities: Commercial ............................................ Savings ..................................................... ü. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Total cash on band: Commercial ............................................... Overdrafts ...................................................... Furniture and fixtures................................. 00 20 , 644 85 21, 000 00 Capital stock paid i n ................................. Surplus fund ............................................... Undivided profits, net................................... Reserved for taxes, interest, depreciation, eto. ............................................................ Commercial deposits subject to check. . . Demand certificates of deposit................... State moneys on deposit............................ Savings deposits (book account)...........• Savings certificates of deposit..................... Club savings deposits................................... $25, 000 00 5, 000 00 5, 453 79 350 42, 040 5 ,1 8 6 15, 000 2 0 ,9 7 1 53, 641 601 00 07 55 00 23 35 50 7, 100 00 4. 031 132 3, 000 2 , 300 16 82 00 00 $173, 244 49 Total $173, 244 49 64 STATE BA N K IN G DEPARTM EN T No. 665. B A N K OF CEMENT CITY, CEMENT CITY. Organized August 4, 1920. John S. P r e s id e n t; E r v in D E r v ? n EL ^ f s f E r n e s ? D .’ B e n ja m in F . A lle n . ° ' ’ L e w is , V ic e J c ^’ ^ P r e s id e n t; ^ am es O. M a r ia n R. K ane, C a sh ier. J: W i l s o ?> .L . W . B u r r o u g h s , W h e a to n , W illia m 6 . W h e a to n , Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial .................................. Real estate mortgages: Savings ................................................. Bonds and securities: Commercial ..................................... Savings ....................... Due from banks in reserve cities: Commercial ................................. $29, 524 96 13, 009 15 10, 843 75 31, 584 06 20, 923 32 1, 000 00 Savings ................... ! ! ! ! ! ! ! ! ! ! ! ! ! ! U. S. Bds. and Cert, of Ind. as' legal reserve: Savings dept, only................................... Total cash on hand: Commercial .......................................... Savings ................................. Overdrafts .......................... Banking house ............................ Furniture and fixtures................................. Customers’ bonds left with bank’ for'safe keeping ............................................... Capital stock paid in ................................ Surplus fund ...................... . ! ! ! ! ! ! ' . ! ! ! . * Undivided profits, net..................... ... Commercial deposits subject to check.. | Demand certificates of deposit............ Savings deposits (book a c c o u n t ) . . . '. . Savings certificates of deposit.............. ' . Customers’ bonds left with bank for’ safe keeping ................................................ $25, 6, 1, 38, 000 250 424 762 100 14, 309 38, 889 00 00 75 39 00 38 28 10, 745 00 2, 773 18 341 4, 832 82 4, 458 362 5, 42 27 41 78 50 * 10, 745 00 Total $135, 480 80 Total $135, 480 80 No. 660. CENTER LIN E STATE SAYINGS BA N K , CENTER LINE. Organized M ay 1, 1920 E dw ard J. S choenherr P r e s id e n t ; C h a s . H a l m ic h , V ic e P r e s i d e n t ; C a s h ie r ; D a v id J . S m i t h , A s s is ta n t C a sh er. B. A. D i r e c t o r s .— C lia s . H a l m ic h , B e r t V . N u n n e le y , J o h n Schoen herr, B ern ard W o lf, Fred K alahar P . K r a m e r , J o h n F . B u e c h e l, S c h u s t e r , H . J . M c G il l , B . A . K a l a h a r . Edw J Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial ............................................... Savings ...................................................... Real estate mortgages: Commercial ............................................... Savings ...................................................... Bonds and securities: Savings ..................................................... Due from Federal Reserve bank: Commercial ............................................... Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Exch. for C. H. and checks on banks in in same place: Commercial ............................................... Total cash on hand: Commercial ............................................... Overdrafts ...................................................... Banking house ................................ Furniture and fixtures................................. Due from banks other than in reserve cities ........................................................ Stock of Federal Reserve bank................ Total ................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $292, 890 66 286, 213 50 40, 326 84 426, 659 89 237, 336 00 21, 292 03 3o! 000 00 23, 510 25 Capital stock paid i n ................................ Surplus f u n d ................................................. Undivided profits, net'................................. Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject tocheck.. . Certified checks ............................................ Cashier’ s checks .......................................... Savings deposits (book account)........... Savings certificates of deposit................... Club savings deposits................................... Other liabilities .......................................... $ 60 , 000 00 60, 000 00 14, 658 76 12, 750 00 280, 358 97 100 00 n , 604 08 889, 032 90 96, 978 73 3, 567 75 3, 400 21 7, 412 54 17, 513 08 34 55 34, 000 00 6, 000 00 5, 662 06 3 , 600 00 $ 1, 432, 451 40 Total $1, 432, 451 40 STATE BAN K S OP MICHIGAN 65 No. 343. THE FIRST STATE BA N K , CENTRAL LAK E. Organized June 15, 1906. . C. W. M r I 'i i a i l , P r e s i d e n t ; A F. Guy D ir e c t o r s . C . W . M c P li a i l, W . W a l l b u e c h t , W . S. R i c h a r d s o n , E. W h i t e , C a sh ier. S.. R ic h a r d s o n , A . F . W a l l b r e c h t , G u y E . W h ite . J. II. V ic e P r e s id e n ts ; S m it h , M G S m it h Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial ....................................... Savings ............................... '. Real estate mortgages: Savings .............................................. Bonds and securities: Savings ................................................... Due from banks in reserve cities: Commercial .............................................. Savings ............................ U. S. Bds. and Cert, of ind. as legal reserve: Savings dept, only................................... Total cash on hand: Commercial ....................... ....................... Savings ....................................... Overdrafts .............................. Banking house .............................. Furniture and fixtures............! ! ! ! ! ! ! ' . ! Other real estate................................ Due from banks other than in reserve cities .......... . ............................................ Customers’ bonds left with bank for safe keeping ..................................................... Outside checks, revenue stamps and other cash items .......................................... $72, 862 15 28, 487 50 34, 661 88 43, 600 00 4, 776 44 2, 135 36 Capital stock paid in ................................. Surplus fund .............................................. .. Undivided profits, net................................... Commercial deposits subject to check. . Demand certificate of deposit.................. Cashier’s checks .......................................... Due to other banks and bankers.............. Savings deposits (book account)............ Customers’ bonds left with bank for safe keeping ..................................................... $20, 000 00 5’ 000 00 555 53 45, 819 56 19, 314 12 1 ,9 1 9 38 34 75 1 2 1 ,2 5 1 73 33, 200 00 10, 050 00 2 , 027 59 3, 000 00 7 25 3 , 350 00 1, 800 00 6, 440 21 52 47 33, 200 00 644 22 Total $247, 095 07 Total $247, 095 07 No. 391. THE WOLF BROS. STATE BANK , CENTREVILLE. Organized March 26, 1908. F r a n k W o l f , P r e s i d e n t ; E r n e s t C. E n g l e , V i c e P r e s i d e n t ; C. D . M o s h e r , C a s h i e r . R. B. H e m e n w a y , A ssista n t C a sh ier. D i r e c t o r s .— F r a n k W o l f , W . I . A s h l e y , R . C. T r u c k e n in ille r , F . S. C u m m in g s , H C B u c k n e ll G. L . T h om s, F . W . T h om as. Statement October 3, 1928. Resources. Loans and discounts: Commercial .............................................. Savings ........................................................ Real estate mortgages: ’ Commercial .............................................. Savings ..................................................... Bonds and securities: Commercial .............................................. Savings ..................................................... Due from banks in reserve cities: Commercial ............................................... Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Total cash on hand: Commercial .......................................... Overdrafts ...................................................... Furniture and fixtures......... ....................... Other real estate.......................................... Total ................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $211, 447 44 41, 600 00 16, 500 00 181, 776 45 Capital stock paid in ................................. Surplus fund ............................................... Undivided profits, net......... ....................... Commercial deposits subject' to c h e ck ... Savings deposits (book account)............. Savings certificates of deposit................ $30, 000 10, 000 1 2 ,3 9 6 2 6 8 ,0 0 1 260, 275 275, 456 00 00 12 85 41 82 20, 000 00 241, 100 00 43, 701 53 54, 458 28 30, 000 00 7 ,0 1 8 45 28 05 3, 500 00 5, 000 00 $856, 130 20 Total ........................................................ $856, 130 20 o6 STATE BAN K IN G DEPARTM ENT No. 315. THE CH ARLEVOIX STATE SAVINGS BANK, CHARLEVOIX. Organized June 8, 1905. W. S. R ic h a r d s o n , P r e s id e n t ; A . D . C r im a iin s , V ic e P r e s id e n t j A r c h ie C a s h i e r ; G . W . R i c h a r d s o n , A s s i s t a n t C a s h ie r . D i r e c t o r s .— J o h n B u rn s, A. D . C r im m i n s , A. C r a ig , W . S . R ic h a r d s o n , A r c h i e , G e r a ld W . R ic h a r d s o n . L. L L iv in g s t o n , L iv in g s to n , H a rry Statement October 3, 1928. Resources. Loans and discounts : Commercial .............. Savings............................ Real estate mortgages: Savings .............................. Bonds and securities: Commercial ............ Savings .......................... Due from banks in reserve cities: Commercial.................. Savings .................................. U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only.................. Exch. for C. H. and checks on banks in in same place: Com m ercial....................... Total cash on hand: Commercial.......................... Savings ................................. Overdrafts ................................. Banking h ouse.............................. Furniture and fixtures................ Other real estate....................... Customers’ bonds left with bank for safe keeping ..................................... Outside checks, revenue stamps and other cash ite m s ................................. Total ................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $201, 805 92 78, 553 38 141. 588 70 137, 411 85 190, 781 52 14, 210 15 24, 732 54 8, 500 00 Capital stock paid in ................................. Surplus f u n d ................................................. Undivided profits, net........................... Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject to c h e c k .... Demand certificates of deposit............... Certified checks ................ ........................... Cashier's checks .......................................... Savings deposits (book account)............. Savings certificates of deposit.............. Customers’ bonds left with bank for safe keeping.................... $25, 000 00 25^ 000 00 6, 685 40 8, 142 2 2 0 ,0 3 7 123, 240 363 8, 060 424, 888 2, 946 25 25 46 30 55 33 08 1, 650 00 498 13 10, 662 47 10, 000 00 248 77 11, 000 00 4, 409 25 9, 375 29 1, 650 00 585 65 $846, 013 62 Total ................................................... $846, 013 62 STATE B A N K S OF M ICHIGAN 67 N o . 218. EATON COUNTY SAYINGS BANK , CHARLOTTE. Organized August 1, 1899. G eo. H . S p e n c e r , P r e s id e n ts A l b e r t M u r r a y , V ic e P r e s id e n t ; N ed B. A l s o v e r , C a s h ie r G. hi. i* i s h e r , A s s i s t a n t C a s h i e r ; E t h e l S h o t w e l l , A u d i t o r D i r e c t o r s .— A l b e r t M u r r a y , G e o . H . S p e n c e r , E . D . B a r b e r . N e d B . A l s o v e r , M y e r V o m b e r g H. T. M cG ra th , W. B. F u lto n , C. E. F ish e r S’ Statement October 3, 1928. Resources. Loans and discounts: Commercial ............................................ Savings ..................................... Real estate mortgages: Savings ..................................................... Bonds and securities: Commercial .............................................. s a v in g s .............................................. ; ; ; Due from Federal Reserve bank: Commercial ....................... ...................... Savings . . .............................................. [ Due from banks in reserve cities: Commercial .............................................. Savings ................................................. \ \ Exch. for C. H. and checks on banks in in same place: Commercial ............................................... Total cash on hand: Commercial ............................................... Savings ............................................ ’ . . " Overdrafts ..................................................... Banking house ............................................ Furniture and fixtures................................... Stock of Federal Reserve Bank.............. .. Trust department: Cash and due from banks in reserve cities ............................ .......................... Total Liabilities. $452, 083 42 120, 000 00 51, 374 24 68, 579 00 429, 272 84 38, 135 05 18, 000 00 58, 411 02 25, 000 00 Capital stock paid in ....................... Surplus fund .............................. | ’ . Undivided profits, net....................... Commercial deposits subject to check Demand certificates of deposit.. . . Certified checks ................................... Cashier’ s checks .............................. State moneys on deposit..................... Postal savings deposits................ . U. S. government deposits.............. . Savings deposits (book account). . . Club savings deposits......................... Trust department : Trust deposits— totals........................... $100, 20, 17, 356, 152, 1, 8, 10, 000 000 834 738 028 400 828 000 48 27, 450 598, 127 18, 475 00 00 51 81 68 00 36 00 60 00 03 95 4, 342 38 2. 635 08 9, 800 12 9, 000 00 41 17 20, 000 00 5, 000 00 3, 600 00 4, 342 38 $1, 315, 274 32 Total $1, 3X5, 274 32 No. 509. THE CHASSELL STATE BANK , CHASSELL. Organized June 27, 1912. Ch as. H. T, W o r c e s t e r , P r e s i d e n t ; E d w a r d A . H a m a r , V i c e P r e s i d e n t ; C. L . H o f f m a n , C a s h i e r ; E . W . H i e t a l a , A s s i s t a n t C a s h ie r . H . W o r c e s te r , E d w a r d A . H a m a r , J. H . F u n k , W . H . H u tc h in g s , D . L . D i r e c t o r s .— C h a s . R o b in s o n , M. A. N adeau. Statement October 3, 1928. Resources. Loans and discounts: Commercial ....................................... Savings ..................................................... Real estate mortgages: Savings ..................................................... Bonds and securities: Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Savings..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept,only ................................... Total cash on hand: Commercial ............................................... Overdrafts ..................................................... Banking house ......................................... Furniture and fixtures................................... Other real estate.......................................... Customers’ bonds left with bank for safe keeping ............. Outside checks, revenue stamps and other cash items ............................................... Other assets ................................................. Total ............................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $ 5 7 ,9 2 4 31 10, 676 08 31, 213 77 43, 500 00 50, 700 35 1, 250 26 Capital stock paid in ................................. Surplus fund ............................................... Undivided profits, net................................... Commercial deposits subject to c h e e k .... Cashier’ s checks .......................................... Savings deposits (book account).............. Savings certificatesof d e p o s it ................ Club savings deposits................................... Customers’ bonds left with bank for safe keeping ...................................................... Other liabilities .......................................... $20, 12, 4, 122, 000 000 006 152 193 49, 942 3 ,9 5 6 1 ,4 2 8 00 00 28 16 65 14 85 35 500 00 55 81 7, 850 00 3, 925 37 2, 400 600 2, 911 22 39 00 00 51 500 00 145 57 600 78 $214, 235 24 Total ................................................... $214, 235 24 68 STATE BA N K IN G DEPARTM ENT N o . 304. THE CHEBOYGAN STATE SAVINGS BANK, CHEBOYGAN. Organized February II, 1905. F red A . H a u t , P r e s id e n t ; H e n r y B a r b e r , M il e s E . R ig g s , V ic e P r e s i d e n t s ; G e o . D . N i m m o , C a s h i e r ; I I . C. F r i d a y , A s s i s t a n t C a s h i e r . D i r e c t o r s .-— F r e d A . H a u t , J . F . S h e p h e r d , W . E . C h a p m a n , H e n r y B a r b e r , O . H . G e b h a r d t , M. E. R ig g s , G eorge D. N im m o . Statement October 3, 1928. Resources. Loans and discounts: Commercial ..................... Savings ............................ Real estate mortgages: Savings .......................... Bonds and securities: Commercial ..................... Due from banks in reserve cities : Commercial ..................... Savings ............................ U. S. Bds. and Cert, of Ind. as legal reserve : Savings dept, only. . . Exch. for C. H. and checks on banks in in same place: Commercial ..................... Total cash on hand: Commercial ................ Savings ............................ Overdrafts ........................... Furniture and fixtures......... Other real estate.............. Customers’ bonds left with bank for safe keeping ............................ Total Liabilities. $193, 768 10 87, 905 08 86, 313 58 279, 340 67 298, 645 07 88, 050 29 10, 000 00 Capital stock paid in ................................. Surplus f u n d ................................................. Undivided profits, net................................. Commercial deposits subject to check. . Certified checks .......................................... Cashier’ s checks ....................................... Time commercial certifiâtes of deposit.. Savings deposits (book account)............ Savings certificates of deposit................... Customers’ bonds left with bank for safe keeping ..................................................... $50, 10, 9, 259, 000 000 008 539 726 3, 248 2 5 2 ,0 9 0 412, 394 144, 078 00 00 07 98 99 44 52 86 56 10, 200 00 67, 250 00 3, 430 93 9, 233 34 6, 392 15 241 62 2, 000 00 8, 516 59 10, 200 00 ................................................... $1, 151, 287 42 Total ................................................. $1, 151, 287 42 No. 397. THE F A R M E R S ’ AND M ERC H AN TS’ BANK, CHELSEA. Organized April 22, 1908. P aul G. S u h a ib l e , P r e s i d e n t ; P e t e r M e r k e l , C h r is t ia n G r a u , V ic e P r e s id e n t s ; H e r b e r t W . S c h e n k , C a s h i e r ; P a u l F . N i e h a u s , A s s i s t a n t C a sh ier. D i r e c t o r s .— P e t e r M e r k e l, C h r i s t ia n G r a u , J a s . H . G u t h r ie , C . H . K a l m b a c h , J o h n K a lm b a c h , O. C . B u r k h a r t, C o n ra d L e h m a n , P a u l G . S c h a ib le . Statement October 3, 1928. Liabilities. Resources. Loans and discounts: Commercial .............................................. Savings ..................................................... Real estate mortgages: Savings ..................................................... Bonds and securities: Savings ..................................................... Due from Federal Reserve bank: Commercial .............................................. Savings ..................................................... Due from banks in reserve cities: Commercial ............................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Exch. for C. H. and checks on banks in same place: Commercial .............................................. Total cash on hand: Commercial ............................................... Savings........................................................ Overdrafts ................................................... V Banking house ............................................ Furniture and fixtures.............................. Stock of Federal Reserve bank................ Total ................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $315, 876 93 2, 000 00 278, 800 96 285, 466 79 21, 288 29 16, 000 00 Capital stock paid in ................................... Surplus fund .............................................. Undivided profits, net .............................. Dividends unpaid ....................................... Reserved for taxes, interest, depreciation, etc. . ........................................................ Commercial deposits subject to check.. Certified checks .......................................... Savings deposits (book account)............ Savings certificates of deposit................... $50, 000 00 50, 000 00 32, 776 97 250 00 8, 245, 1, 603, 55, 000 00 216 255 442 332 95 46 27 89 15, 112 85 63, 750 00 1, 253 21 9, 399 20 12, 757 41 568 90 14, 500 00 6, 500 00 3, 000 00 $1, 046, 274 54 Total ................................................... $1, 046, 274 54 STATE BAN K S OF M ICHIGAN 69 N o . 203. THE K E M PF COMMERCIAL AND SAYINGS BAN K , CHELSEA. Organized December 17, 1897. Corporate existence extended December 17, 1927. D. C. M cL a r e n , P r e s id e n t j J. L . F l e t c h e r , D. E . B e a c h , C a r l J. M a y e r , C a sh ier j P . C. M a r o n e y , A s s is t a n t V ic e P r e s id e n t s j C a sh ier. D i r e c t o r s ^— O t t o D L u ic k , E d w a r d V o g e l, I ) . C . M c L a r e n , L . P . V o g e l, E . S . S p a u ld in g , D . E . B e a c h , C . J . C h a n d le r , A n d r o s G u id e , L . G . P a lm e r , J . L . F le t c h e r . Statement October 3, 1928. Resources. Loans and discounts: Commercial .............................................. Savings ..................................................... Real estate mortgages: Commercial .............................................. Savings ..................................................... Bonds and securities: Savings ...................................................... Due from Federal Reserve bank: Commercial ............................................... Savings ...................................................... Due from banks in reserve cities: Commercial .............................................. Exch. for C. H. and checks on banks in same place: Commercial .............................................. Total cash on hand: Commercial............................................... Overdrafts .......................... 1................... .... Banking house ............................................ Furniture and fixtures................................. Customers’ bonds left with bank for safe keeping ..................................................... Stock of Federal Reserve bank................ Total ................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $221, 099 60 129, 427 21 32, 045 99 191, 971 73 208, 906 00 17, 555 11 15, 000 00 32, 088 65 Capital stock paid in ................................. $60, Surplus f u n d ................................................. 40, Undivided profits, net................................. 40, Dividends unpaid ....................................... Reserved for taxes, interest, depreciation, etc. ............................................................ 5, Commercial deposits subject to check. . 237, Certified checks ..................................................... Cashier’ s checks .......................................... Time commercial certificates of deposit'.. 20, Savings deposits (book account)............ 440, 28, Savings certificates of deposit................... Customers’ bonds left with bank for safe keeping ..................................................... 15, 000 00 000 00 204 67 530 52 000 00 114 39 75 00 674 62 752 58 949 10 848 13 850 00 363 90 11, 162 228 10, 300 1 ,0 0 0 72 10 00 00 15, 850 00 3, 000 00 $889, 999 01 Total ................................................... $889, 999 01 70 STATE B A N K IN G D EPARTM ENT No. 235. THE CHESANING STATE B A N K , CHESANING. Organized M ay 17, 1901. M i l l i s L . P a b s h a l l , P r e s id e n t ; G eorge M . P e e t , F r a n k A . G r e e n f e l d e r , V ic e P r e s id e n t s : 1 r a ise , J . bTEVENS, C a s h i e r j F l o y d M . H o p k i n s , A s s i s t a n t C a s h i e r . D ir e c t o r s . Frank A. O. G r e e n f e ld e r , R a lp h A g n e w , G e o r g e C. Sp erry, G. M . N ason , L . A . M. P e et, P e rro t. M i ll i s L. P a r s h a ll, Statement October 3, 1928. Besources. Commercial ................. Savings............................ Beal estate mortgages: Commercial ............ Savings .......................... Bonds and securities: Commercial ................... Savings............................ Due from banks in reserve cities : Commercial..................... U. S. Bds. and Cert, of Ind. as legal reserve : Savings dept, only......... Exch. for C. H. and checks on banks in same place: Commercial ..................... Total cash on hand: Commercial ..................... Savings ............................ Overdrafts .......................... Banking house..................... Furniture and fixtures.. . Other real estate.............. Customers’ bonds left with bank for safe keeping ............................ Outside checks, revenue stamps and other cash ite m s ........................ Total .......................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $305, 789 82 140, 571 67 3, 371 70 341, 622 20 7, 875 00 418, 777 75 68, 074 35 Capital stock paid in ................................ Surplus f u n d ................................................. Undivided profits, net................................. Commercial deposits subject to ch e ck ... Demand certificates of deposit................ Cashier’ s checks .......................................... State moneys on deposit.............................. Savings deposits (book account)............ Bills payable .............................................. Customers' bonds left with bank for safe keeping ................................................... $50, 000 50, 000 17, 312 1 5 6 ,5 5 8 197, 059 11, 458 10, 000 994, 840 30, 000 00 00 60 69 74 11 00 33 00 61, 200 00 147, 550 00 1, 160 25 18, 090 88 5, 000 00 117 63 27, 829 23 7, 307 07 23, 469 28 61, 200 00 622 64 $1, 578, 429 47 Total $1, 578, 429 47 STATE BAN K S OF M ICHIGAN 71 No. 424. THE CITIZENS STATE BAN K , CLARE. Organized December 22, 1908. j amks D ir e c t o r s . S. B i c k n e l l , P r e s i d e n t ; A. E . M u l d e r , V i c e P r e s i d e n t ; E m m a A . N k im e y e r , A s s i s t a n t C a sh iers. Stuart B ic k n e l l , J a m e s S . B ic k n e ll, A . E . M u ld e r , W m . H . B ic k n e ll, A . E . M u s s e l, J a m e s D u n c a n D o n a ld B ic k n e ll, A . J . D o h e r t y , J r . Statement October 3, 1928. Resources. Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. 111, 548 65 88, 000 00 28, 449 75 1, 565 10 $2 0 , 000 00 20 , 000 00 1, 128, 85, 244, 9, 955 48 454 2 0 370 75 524 94 00 $164, 369 07 38, 000 00 Capital stock paid in ................................. Surplus f u n d ................................................. Undivided profits, net................................... Commercial deposits subject to check.. . Demand certificates of deposit................... Savings deposits (book account) ............ Customers’ bonds left with bank for safe keeping ...................................................... CO Loans and discounts: Commercial ............................................... Savings ..................................................... Real estate mortgages: Savings ..................................................... Bonds and securities: Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Exch. for C. H. and checks on banks in same place: Commercial .............................................. Total cash on hand: Commercial ............................................... Savings ..................................................... Overdrafts ..................................................... Banking house ............................................ Furniture and fixtures................................. Other real estate.......................................... Customers' bonds left with bank for safe keeping ..................................................... 06 32, 450 00 1, 135 18 8, 692 78 4, 338 46 374 44 14, 000 00 1, 000 00 6, 900 00 8, 800 00 $509, 623 43 Total $509, 623 43 STATE BA N K IN G D EPARTM ENT 72 N o . 118. THE CLARE COUNTY SAYINGS BANK , CLARE. Organized M ay 18, 1891. Corporate existence extended M ay 18, 1921. C. W. P erry, P r e s id e n t ; E . A . A n d e r s o n , J a s . A . M cK a y , V ic e P r e s id e n t s ; S u t h e r l a n d , C a s h i e r ; F r e d O . M c G u i r e , A s s i s t a n t C a s h ie r . D i r e c t o r s .— C . W. P e r r y , C . H . S u t h e r la n d , J a s . A . M c K a y , E. A . A n d e r s o n , H o m e r D o u g la s . Fred O. C. H. M c G u ir e , Statement October 3, 1928. Resources. Loans and discounts: Commercial ............ Savings ..................... Real estate mortgages: Commercial .............. Savings ................... Bonds and securities: Commercial .............. Savings ............................................ Due from banks in reserve cities: Commercial .............. Savings ..................... U. S. Bds. and Cert. of Ind. as legal reserve: Savings dept, only................ Exch. for C. H. and checks on banks in same place: Commercial .............. Total cash on hand: Commercial .............. Savings ..................... Overdrafts ..................... Banking hou se.............. Other real estate.. . . Outside checks, revenue stamps and other cash items .............. Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $193, 562 03 25, 000 00 1, 350 00 202, 773 55 Capital stock paid in ................................. Surplus f u n d ................................................. Undivided profits, net................................ Commercial deposits subjectto c h e c k .... Demand certificates of deposit................... Savings deposits (book account)............ Savings certificates of deposit............... $40, 000 40, 000 11, 023 144, 126 248, 714 7 4 5 ,9 5 8 103, 359 00 00 24 39 87 17 42 162, 000 00 512, 500 00 67, 705 15 73, 979 63 20, 000 00 782 25 7, 343 49 15, 064 41 383 33 40, 000 00 10, 190 00 548 25 $1, 333, 182 09 Total $1, 333, 182 09 STATE BAN K S OF M ICHIGAN 73 N o . 540. THE CLARKSTON STATE BAN K , CLARKSTON. Organized October 31, 1913. D a v id R . T e g g e r d in e , P r e s id e n t j G . A . W a l t e r , V ic e P r e s i d e n t ; G . D . K i n g , V ic e P r e s id e n t a n d C a s h i e r ; L . J . P a r r i s h , R a y C. A i n s l e y , A s s i s t a n t C a s h i e r s . D i r e c t o r s .— D a v i d R . T e g g e r d in e , W i l l i a m J. P e r r y , L e w is L . B r o w n , J o se p h H . A lg e r , G . A . W a l t e r , G e o r g e D . K in g . Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial .............................................. Savings ..................................................... Real estate mortgages: Savings ..................................................... Bonds and securities: Savings ................................................... Due from banks in reserve cities: Commercial .............................................. Savings ...................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept.o n l y ................................... Total cash on hand: Commercial ............................................... Savings ..................................................... Overdrafts ...................................................... Banking house ............................................ Furniture and fixtures................................. Other real estate.......................................... Customers’ bonds left with bank for safe keeping ...................................................... Outside checks, revenue stamps and other cash items ............................................... $ 151, 706 17 7, 500 00 145. 379 96 101, 827 80 24, 888 12 5, 000 00 Capital stock paid in ................................... Surplus fund ............................................... Undivided profits, net................................. Dividends unpaid ........................................ Commercial deposits subject to check.. . . Cashier’ s checks .......................................... Savings deposits (book account).............. Savings certificates of d ep osit................ Club savings deposits................................... Customers’ bonds left with bank for safe keeping ..................................................... $25, 000 00 10, 000 00 5, 105 44 15 00 1 3 5 ,6 5 4 98 4 ,7 7 4 45 222, 511 94 93, 013 28 1 ,6 5 6 96 2, 926 76 29, 250 00 463 13, 000 150 10, 737 4, 138 2, 597 59 00 20 67 45 64 2, 900 00 1, 119 21 T o t a l...................................................... $500, 658 81 Total ................................................... $500, 658 81 No. 486. THE ED W IN NASH STATE BA N K , CLARK SVILLE. Organized June 5, 1911 D . F . W a l t e r , P r e s i d e n t ; E l m e r W i n e y , V i c e P r e s i d e n t j R o y B l o u g h , Cashier; L y n n e N a s h , A s s i s t a n t C a sh ier. D i r e c t o r s .— D . F. W a lte r , E lm e r W i n e y , C . E . S c o v ille , A. I . L a u g h li n . John N ic k e r s o n , Jacob L en h ard, Statement October 3, 1928. Liabilities. Resources. Loans and discounts: Commercial .............................................. Savings ..................................................... Real estate mortgages: Commercial ............................................... Savings ..................................................... Bends and securities: Commercial .............................................. Savings ..................................................... Due from banks in reserve cities: Commercial ............................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Total cash on hand: Commercial ............................................... Savings.......................................... .. Overdrafts ...................................................... Banking house.............................................. Furniture and fixtures................................ Customers* bonds left with bank for safe keeping ...................................................... Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $76, 904 17 36, 275 00 4, 735 00 95, 220 00 16, 930 00 14, 510 00 13, 605 12 20, 600 00 3, 658 1, 000 925 2, 400 1, 719, Capital stock paid i n ................................. Surplus f u n d ................................................. Undivided profits, net................................. Dividends unpaid ...................................... Reserved for taxes, interest, depreciation, etc................................................................. Commercial deposits subject to check.. . Demand certificates of deposit................. Certified checks ............................................ Savings deposits (book account)................. Savings certificates of deposit................. Bills payable................................................. Customers’ bonds left with bank for safe keeping ...................................................... $20, 000 00 4, 000 00 6, 372 00 60 00 25 00 38, 794 29 50, 510 79 200 69, 922 05 90, 796 68 8, 000 00 50 00 89 00 06 00 57 50 00 $288, 532 81 Total $288, 532 81 STATE B A N K IN G D EPARTM ENT 74 No. 727. CLAWSON STATE SAVINGS BA N K , CLAWSON. Organized July 21, 1925. H. G. H e n d r ic k s o n , P r e s id e n t ; C h a r l e s R . T a l b o t , F r a n k W . B l a ir , V ic e H . G . V i n c e n t , C a s h i e r ; A n d r e w C a d g e r , A s s i s t a n t C a s h ie r . D i r e c t o r s .-— F r e d V i n c e n t , C h & r le s A. W a t t le s . P r e s id e n ts ; G . D e w e y , A l l a n C . L a w s o n , S a m u e l R e id , T h o m a s E . G r iffin , H a r o l d G . R . T a lb o t , R . I I . B a ld w in , H . G . H e n d r ic k s o n , F r a n k W . B la i r , M o r r i s Statement October 3, 1928. Resources. Loans and discounts: Commercial ....................................... Savings ................................................. Real estate mortgages: Commercial .......................................... Savings ................................................. Bonds and securities: Savings ................................................. Due from banks in reserve cities: Commercial .......................................... Savings ................................................ Total cash on hand: Commercial .......................................... Savings ................................................. Overdrafts ................................................. Furniture and fixtures............................ Liabilities. $325, 718 55 63, 186 88 2, 850 24 68, 095 41 43, 000 00 50, 430 28 27, 515 40 2, 340 35 10, 000 00 12 39 3, 416 62 Capital stock paid in ................................... Surplus f u n d ................................................. Undivided profits, net................................ Reserved for taxes, interest, depreciation, etc................................................................. Commercial deposits subject to check.. . . Demand certificates of deposit................... Certified checks ............................................ Cashier’ s checks .......................................... Savings deposits (book account).............. Savings certificates of deposit................ Club savings deposit................................... Total Total .............................................. ................................................... $25, 000 00 5, 000 00 3, 844 26 400 00 341, 935 53 15, 000 00 138 19 1, 935 83 162, 178 52 32, 300 04 8, 833 75 $596, 566 12 $596, 566 12 No. 376. THE CLIM AX STATE BANK , CLIM AX. Organized August 25, 1907. J. W. P ie r c e , P r e s i d e n t ; M . E b e r s t e in , V ic e P r e s id e n t ; T . E . K a t h e r in e E . S i n c l a ir , A s s i s t a n t C a sh ier. S in c l a ir , C a sh ier; D i r e c t o r s .— J . W . P ie r c e , M . E b e r s t e i n , M o r r i s R o o f , D . S. C a s e , T . E . S i n c la ir , M r s . L y d i a H a m i lt o n , C . L . A l d r ic h . Statement October 3, 1928. Resources. Loans and discounts: Commercial ....................... Savings ................................................... Real estate mortgages: Savings ..................................................... Bonds and securities: Commercial ............................................... Savings..................................................... Due from banks in reserve cities: Commercial ............................................... Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Total cash on hand: Commercial ............................................... Savings ...................................................... Overdrafts ..................................................... Furniture and fixtures................................. Other real estate.......................................... Outside checks, revenue stamps and other cash items ............................................... Total ................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $30, 473 92 31, 963 74 60, 816 75 Capital stock paid in ................................... Surplus fund ................................................. Undivided profits, net................................. Commercial deposits subject to check. . . . Savings deposits (book account).............. Savings certificates of deposit................ $20, 000 7, 000 3, 286 43, 172 1 4 1 ,4 9 7 22, 730 00 00 72 82 41 71 32, 472 00 48, 660 00 4, 784 07 14, 508 56 4, 500 00 2, 316 11 4, 000 00 14 18 800 00 300 00 2, 078 33 $237, 687 66 Total ................................................... $237, 687 66 STATE BA N K S OF M ICHIGAN 75 No. 616. STATE SAYINGS BA N K , CLINTON. Organized June 26, 1918. T L. W . D . V a n T u y l e , C h a ir m a n . B . R ic h m o n d , F r a n k W . H ogan , V an T u y l e , C a sh ier. ., W. K im b a l l . P r e s id e n t; W. D i r e c t o r s .— W i l l a r d D . V a n T u y l e , W m . P . V a n T u y le , F r a n k W . H o g a n , C la r e L . K im b a ll , V ic e P r e s id e n ts • W m J W . B . R ic h m o n d L . W . K im b a ll Wm S P K im h a ii K lm b a 1 1 , ' Statement October 3, 1928. Resources. Liabilities. Total $169, 004 33 113, 974 29 57, oo o Loans and discounts: Commercial ............................................... Savings ................................................... | Real estate mortgages: Savings...................................................... Bonds and securities: Commercial.............................................. Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Savings ...................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................. Total cash on hand: Commercial ............................................... Savings ..................................................... Banking h ou se.............................................. Furniture and fixtures................................. 00 79, 674 76 474, 370 90 12, 037 68 67, 880 71 Capital stock paid in ................... $50, 000 00 20, 000 00 21, 992 02 Surplus fund................... ! ! ! ! ! ! ! ! ! ! ! Undivided profits, net. . . . . I * * ! ’ !* * * * Reserved for taxes, interest, depreciation, etc. ................................ Commercial deposits subject to check. . . Demand certificates of deposit.............. .. Savings deposits (book account) Savings certificates of deposit.. . . ; .......... 5, 681 87 211, 708 21 10 00 594, 245 94 108, 403 96 11, 650 00 7, 4, 9, 3, 952 800 000 916 67 00 00 66 ................................................... $1 , 012, 042 00 Total $1, 012 042 00 No. 483. THE CLIO STATE BAN K , CLIO. Organized M ay 18, 1911. C h a s . I I . R eed, P r e s id e n t ; F red M . H o u g h t o n , V ic e P r e s id e n t ; C h a s . E L y l e D . B r o w n , A s s i s t a n t C a sh ier. D i r e c t o r s .— C h a r le s N o b le , D . C . M e r r i l l, C h a s . E . T a y l o r , C h a s . H . R e e d , F r e d M M. Cashier • T aylor C . D o y le . J J H o u g h to n ’ 6 ’ Statement October 3, 1928. Resources. Loans and discounts: Commercial ............................................... Savings ..................................................... Real estate mortgages: Commercial .............................................. Savings ..................................................... Bonds and securities: Savings ...................................................... Due from banks in reserve cities: Commercial ............................................... Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal ' reserve: Savings dept, only................................... Total cash on hand: Commercial ............................................... Savings ...................................................... Overdrafts ...................................................... Expenses, interest and taxes paid ex ceeding earnings ..................................... Banking house ............................................ B'urniture and fixtures................................. Other real estate.......................................... Customers’ bonds left with bank for safe keeping ...................................................... Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $111, 982 64 60, 722 61 21, 277 04 272, 246 28 61, 500 00 39, 168 57 14, 055 11 48, 700 00 Capital stock paid in ................................. Surplus fund .................................‘ ” Reserved for taxes, interest, depreciation etc......................................................... Commercial deposits subject to check.. . . Cashier’s checks ..................................... State moneys on deposit.............................. Time commercial certificates of deposit . ! Savings deposits (book account).............. Savings certificates of deposit................... Club savings deposits.............................. Customers’ bonds left with bank for safe keeping ...................................................... $25, 000 00 7, 000 00 1. 134, 7, 10, 29, 381, 79, 4, 000 795 282 000 480 278 034 140 00 72 43 00 81 11 78 88 8, 650 00 9, 719 44 1, 000 00 626 97 311 63 14, 500 00 6, 613 94 16, 588 50 8, 650 00 $687, 662 73 Total $687, 662 73 76 STATE BANKING- D EPARTM ENT No. 104. THE BRANCH COUNTY SAVINGS BA N K , COLDWATER. Organized September 20, 1890. Corporate existence extended September 20, 1920. B. S. S p o f f o r d , P r e s i d e n t Jl. S m i t h C l i z b e , H a r r y P . W o o d w a r d , V i c e P r e s i d e n t s : M . W . \\ i m e k , C a s h i e r ^ H o w a r d K . S n y d e r , A s s i s t a n t C a s h ie r . D ir e c t o r s . B. S. S p o ffo r d , H a r r y P . W o o d w a r d , H . S m it h C o n o v e r , E . E . P a lm e r . C liz b e , M W W im e r C A 000 000 368 710 580 776 773 633 00 00 18 00 09 63 31 24 Statement October 3, 1928. Resources. Loans and discounts: Commercial .............................................. Beal estate mortgages: Savings ..................................................... Bonds and securities: Commercial.............................................. Savings ..................................................... Due from banks in reserve cities: Commercial ............................................... Savings.............................................. .. ” Exch. for C. H. and checks on banks in same place: Commercial ............................................... Total cash on hand: Commercial .............................................. Savings ...................................................... Overdrafts ..................................................... Banking house ............................................ Other real estate............................................ Total Liabilities. $254, 722 28 248, 640 48 89, 057 50 330, 226 50 171, 680 24 69, 849 82 Capital stock paid in ................................. Surplus f u n d ...................................' ' ) ' ) Undivided profits, net..................... Dividends unpaid ..................................... * Commercial deposits subject to check.. Demand certificates of deposit................... Savings deposits (book account)............ Club savings deposits................................... $50, 50, 5, 1, 247, 192, 647, 6, 861 58 3, 138 58 19, 056 51 138 21 H , 000 00 3, 469 75 $1, 201, 841 45 Total $1, 201, 841 45 No, 292. THE STATE B A N K OF COLEMAN, COLEMAN. Organized June 1, 1904. C . W . M cP h a i l , P r e s i d e n t ; C . H . N i g g b m a n , C . H . M a c o m b e r , J . E . C u r t i c e , V i c e P r e s i d e n t s • R o b e r t A . M u r p h y , C a s h ie r ; N e v a D . M y e r s , A s s i s t a n t C a sh ier. D i r e c t o r s .— C . H . N ig g e m a n , C . W . M c P h a i l , J . E. C u r t ic e , C. H. M acom b er, J . M . A lle n . Statement October 3, 1928. Besources. Loans and discounts: Commercial .......................................... Savings ................................................... Real estate mortgages: Commercial ............................................... Savings ................................................... Bonds and securities: Savings ..................................................... Due from banks in reserve cities: Commercial ............................................... Savings ...................................................... Total cash on hand: Commercial ............................................ Savings .............................................. .. Overdrafts ................................................... . Banking house ............................................ Furniture and fixtures................................... Other real estate.......................................... Customers’ bonds left with bank for safe keeping ..................................................... Total ................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $97, 318 33 37, 730 17 794 60 60, 639 18 46, 250 00 20, 070 80 15, 000 00 13, 686 500 35 8, 000 3, 154 16, 358 Capital stock paid in ................................. Surplus f u n d ................................................. Undivided profits, net................................. Commercial deposits subject to check.. Demand certificates of deposit................. Cashier’ s checks .......................................... Savings deposits (book account).............. Savings certificates of deposit................... Customers’ bonds left with bank for safe keeping ...................................................... $20, 7, 2, 91, 56, 1, 139, 000 000 453 888 543 926 663 63 00 00 47 28 10 57 87 18 3, 650 00 93 00 67 00 45 34 3, 650 00 $323, 188 47 Total $323, 188 47 STATE BAN K S OF M ICHIGAN 77 No. 412. THE STATE B A N K OF COLOMA, COLOMA. Organized October 28, 1909. A. W. F il s t r u p , P r e s id e n t; C . E . G e is l e r , W . H . A n d r e w s , V ic e P r e s id e n t s j C a s h i e r ; C . A . F u r m a n , A s s is t a n t C a sh ier. D i r e c t o r s .-— A . W . F ils tr u p , F . W . H . A n drew s, J. T h a r, C. F r e d S tr e it, E . G e is le r , F . W . C o c h r a n , W W . W . H ocker, H . E . L y on . H E. L yon, E S h e ffie ld , Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial ............................................... Real estate mortgages: Commercial ............................................ Savings ..................................................... Bonds and securities: Savings ..................................................... Due from Federal Reserve bank: .......................................... Commercial Savings ..................................................... Due from banks in reserve cities: Commercial ..................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Total cash on hand: Commercial .......................................... Savings ...................................................... Overdrafts ..................................................... Banking h ou se.............................................. Furniture andfixtures.................................... Other real estate.......................................... Customers’ bonds left with bank for safe keeping ..................................................... Stock of Federal Beserve bank................ Total ................................................... $ 194, 467 17 4 ,1 4 9 00 132, 988 64 125, 324 70 18, 958 75 8, 000 00 $ 50, 000 00 20, 000 00 672 74 2 1 1 ,6 7 9 31 55, 624 91 2 5 7 ,3 7 0 74 ,1, 407 50 Capital stockpaid in ................................... Surplus f u n d ................................................. Undivided profits, net................................... Commercial deposits subject to ch e c k ... Time commercial certificates of deposit.. Savings deposits (bank account).............. Club savings deposits................................... Customers’ bonds left with bank for safe keeping ..................................................... Other liabilities .......................................... 8, 100 00 5 , 000 00 30, 802 92 22, 395 68 7, 298 41 3, 100 00 10 44 25, 000 00 6, 760 08 20, 399 41 8, 100 00 2, 100 00 $609, 855 20 Total ................................................... $609, 855 20 No. 427. E. H IL L AND SO N S' STATE BA N K , COLON. Organized March 11, 1909. F r a n k E . H i l l , P r e s i d e n t j S. Y . H i l l , G r a n t E . F a r r a n d , V i c e P r e s i d e n t s ; O C a s h i e r j E d w in J . H i l l , A s s is t a n t C a sh ier. J W in t e r ’ D i r e c t o r s .— F r a n k E . H i l l , G r a n t E . F a r r a n d , S u s a n V . H i l l , E d w in J . H i l l , A m e li a T e n n e y . Statement October 3, 1928. Resources. Loans and discounts: Commercial ............................................ Real estate mortgages: Savings ...................................................... Bonds and securities: Commercial .............................................. Savings ................................................... _ Due from banks in reserve cities: Commercial .............................................. Savings.............. ....................................... U S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Total cash on hand: Commercial ............................................... Savings ...................................................... Overdrafts ...................................................... Banking house ............................................ Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $96, 942 39 48, 510 00 45, 730 00 50, 000 00 39, 745 90 15, 000 00 Capital stock paid in ............ Surplus f u n d ................................................. Undivided profits, net................................... Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject toc h e c k .... Demand certificates of deposit..................... Savings deposits (book account)............ Savings certificates of deposit.................. $30, 000 00 6, 000 00 966 56 3, 156, 2, 58, 63, 454 976 556 898 488 04 14 23 33 59 8, 050 00 5, 308 826 226 12, 000 50 92 18 00 $322, 339 89 Total $322, 339 89 78 STATE BA N K IN G D EPARTM ENT No. 433. THE COLUM BIAVILLE STATE BA N K , COLUMBIA VILLE. Organized M ay 29. 1909. W . H . W il s o n , P r e s id e n t ; R . S. S p e n c e r , V i c e P r e s i d e n t ; H a r l e y M i n e r , C a s h i e r ; G eorge T . D e l in k , A s s is t a n t C a sh ier. D i r e c t o r s .— - W . H . W i l s o n , G e o . W . H o lle n s lie a d , E . C . R o b e r s t o n , C . E . R o b e r t s o n , S p e n c e r , J . W . B o h n s a c k , C . D . C h a p in , F r e d F ic k , H a r l e y M in e r . R S. Statement October 3, 1928. Resources. Liabilities. Total $153, 566 98 650 00 85, 375 06 50, 200 00 14, 143 70 22, 499 25 3, o o Loans and discounts: Commercial .............................................. Real estate mortgages: Commercial .............................................. Savings................................................... .’ Bonds and securities: Savings ..................................................... Due from banks in reserve cities: Commercial .......................... .............. Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Total cash on hand: Commercial ............................................... Overdrafts ..................................................... Banking house ............................................ Furniture and fixtures................................. Other real estate.......................................... Customers’ bonds left with bank for safe keeping ..................... ................................ 00 Capital stock paid in ................................. Surplus f u n d ................................................. Undivided profits, n e t ................................ Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject to check. . . . Demand certificates of deposit................ Savings deposits (book account)............ Savings certificates of deposit................... Club savings deposits................................... Customers’ bonds left with bank for safe keeping ..................................................... Other liab ilities............................................ $20, 000 00 15, 000 00 4, 156 42 99, 74, 86, 66, 4, 141 048 623 841 712 950 94 57 26 43 97 08 51, 100 00 592 00 13, 342 15 83 72 14, 888 44 7, 814 60 6, 102 77 51, 100 00 $423, 166 67 Total $423, 166 67 No. 599. COMSTOCK P A R K STATE BAN K , COMSTOCK PA R K . Organized M ay 24, 1917. D . H . P o w e r , P r e s id e n t ; P e t e r B u t h , V ic e P r e s id e n t ; E . A . P o w e r , C a s h ie r ; F . W . N a g e l , A s s i s t a n t C a sh ier. D i r e c t o r s .— D . H . P ow er, G eo. P. L am oreau x, E. A. P ow er, M. D. B u th , P e te r B u th . Statement October 3, 1928. Resources. Loans and discounts: Commercial ............................................... Savings ...................................................... Real estate mortgages: Savings ...................................................... Bonds and securities: Savings ..................................................... Due from banks in reserve cities: Commercial ............................................... Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: • Savings dept, only..................................... Total cash on hand: Commercial ............................................... Savings ...................................................... Overdrafts ...................................................... Banking house ............................................ Furniture and fixtures................................. Other real estate.......................................... Customers’ bonds left with bank for safe keeping ...................................................... Total ................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $126, 096 56 55, 406 64 119, 100 91 106, 175 00 23, 766 64 30, 000 00 Capital stock paid in ................................... Surplus f u n d ................................................. Undivided profits, net................................... Commercial deposits subject to check. . . . Demand certificates of deposit................ Cashier’s checks .......................................... State moneys on deposit............................ Savings deposits (book account).............. Savings certificates of deposit................... Customers’ bonds left with bank for safe keeping ..................................................... $20, 5, 7, 114, 29, 5, 10, 309, 14, 000 000 065 471 776 888 000 868 655 00 00 64 09 05 07 00 46 04 20, 850 00 25, 000 00 3, 636 5, 000 3 9, 900 6, 925 5, 713 48 00 60 00 00 52 20, 850 00 $537, 574 35 Total ................................................... $537, 574 35 STATE BANK S OF M ICHIGAN 79 No. 32. THE F A R M E R S’ STATE B A N K OF CONCORD. Organized November 20, 1886. Corporate existence extended November 20, 1916. F r a n k . N. A l d r ic h , P r e s i d e n t ; A l f r e d F o l k s , V ic e P r e s i d e n t ; D w i g h t A . A l d r i c h , C a s h ie r v io l a K e e l e r , A s s is t a n t C a sh ier. D i r e c t o r s .— A . C. B lo o m fie ld Frank N. A l d r ic h , A l f r e d A. A ld r ic h . F o lk s , C haun cey S. A lle n , D w ig h t Statement October 3, 1928. Besources. Liabilities. Loans and discounts: . Commercial ............................................... Savings..................................................... Real estate mortgages: Commercial .............................................. Savings ............................................' . ” Bonds and securities: Savings ..................................................... hue from banks in reserve cities: Commercial .............................................. Savings ....................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Total cash on hand: Commercial ............................................ Savings ..................................................... Overdrafts ..................................................... Banking house............................................... Furniture and fixtures............................ Customers’ bonds left with bank for safe keeping ..................................................... Total ................................................... $290, 165 85 64, 841 63 2, 400 00 l o t ! 563 40 113, 151 25 55, 639 17 9, 874 71 Capital stock paid in ................................. Surplus f u n d ................................................. Undivided profits, net................................. Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject to c h e c k ... Cashier’ s checks .......................................... Time commercial certificatesof deposit.. Savings deposits (bookaccount)................. Customers’ bonds left with bank for safe keeping ..................................................... $25, 000 00 25, 000 00 16, 798 30 2, 967 1 6 3 ,6 7 3 1, 147 170, 663 282, 265 10 59 53 53 96 5, 250 00 18, 950 00 7 ,1 0 9 6, 000 828 10, 615 3, 676 25 00 47 72 56 5, 250 00 $693, 066 01 Total ................................................... $ 693, 066 01 No. 496. THE CONKLIN STATE BAN K , CONKLIN. Organized December 27, 1911. C h a s . L . B e a n , P r e s id e n t an d C a s h i e r : E a r l B . T h u r s t o n , V ic e P r e s id e n t : C a r l L . B e a n , A s s i s t a n t C a sh ier. D i r e c t o r s .— C h a r le s L . B ean, E arl B. T h u rsto n , F red O . W i ll a r d . W. B ean, A lb e r t F. B row n , E d w ard Statement October 3, 1928. Resources. Loans and discounts: Commercial .............. ................................ Savings ..................................................... Real estate mortgages: Commercial.............................................. Savings ..................................................... Bonds and securities: Savings .................. Due from banks in reserve cities: Commercial .............................................. U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Total cash on hand: Commercial ............................................... Savings ..................................................... Banking h ou se .............................................. Furniture and fixtures................ . ................ Other real estate.......................................... Customers’ bonds left with bank for safe k e e p in g .................... Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $ 4 4 ,6 5 8 32 33, 685 00 1. 600 00 46, 095 00 28, 200 Ot 10, 786 72 11, 750 00 5, 3, 2, 3, 3, 078 000 000 076 262 Capital stock paid in ................................. Surplus f u n d ................................................. Undivided profits, net................................ Reserved for taxes, interest, depreciation, etc................................................................. Commercial deposits subject to c h e c k .... Demand certificates of deposit................... Savings deposits (book account)............ Savings certificates of deposit..................... Club savings deposits................................... Customers’ bonds left with bank for safe keeping ...................................................... $ 20 , 000 00 5, 000 00 4, 143 40 1, 162 4 1 ,5 8 6 15, 779 65, 386 39, 906 227 50 09 81 32 33 75 4, 500 00 20 00 00 20 76 4, 500 00 $197, 692 20 Total $197, 692 20 80 STATE BA N K IN G D EPARTM ENT No. 174. FIRST COMMERCIAL SAVINGS BAN K , CONSTANTINE. Organized June 22, 1894. Corporate existence extended June 22, 1924. TT \\ . H. S m it h , G e o r g e O. H a r v e y , C h a i r m a n o f t h e B o a r d . E . L . E s t e s , F r a n k W o l f , V ic e P r e s id e n t s ; E dn a M . B u r g w a l d , A s s is t a n t C a sh iers. P r e s id e n t; M. H. B ennett D i r e c t o r s .— W . H . S m i t h , B . E . Z i m m e r m a n , F r a n k W o l f , G e o r g e C. H a r v e y , L e w i s H u t t o n C. A. B rody, Ed R o d e r ic k , E. L. E ste s, Frank W. T h om as. Statement October 3. 1928. Resources. Loans and discounts: Commercial .............. Real estate mortgages: Commercial . . Savings .......................... Bonds and securities: Com m ercial................ Savings ............................ Due from banks in reserve cities : Com m ercial..................... Savings ............................ U. S. Bds. and Cert, of Ind. as legal reserve : Savings dept. only. . . . Total cash on hand: Commercial ..................... Overdrafts . . . . ......... Banking house ................ Furniture and fixtures. . . . Other real estate................ Customers’ bonds left with bank for safe keeping ............................................ Outside checks, revenue stamps and other cash items ..................... Other assets ................ Total ................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $319, 160 27 28, 425 29 219, 865 70 46, 046 38 219, 528 45 46, 789 44 33, 938 48 36, 350 00 13, 887 439 14, 104, 8, 653 33, 429 Capital stock paid in ................................ Surplus f u n d ................................................ Undivided profits, net................................ Commercial deposits subject to check. . Demand certificates of deposit................ Certified checks ............................................ Cashier’ s checks .......................................... State moneys on deposit............................ Time commercial certificatesof deposit. . Savings deposits (book account)............ Savings certificates of deposit................... Club savings deposits................................ Customers’ bonds left with bank for safe keeping ..................................................... Other liabilities ......................................... $60, 000 00 12, 000 00 153 76 224, 449 59 142, 753 46 n 85 7, 518 33 10, 000 00 42, 491 33 350, 088 46 158, 518 26 6, 311 25 158, 500 00 7, 750 00 59 64 82 58 65 158, 500 00 927 00 500 00 $1, 180, 546 29 Total $1, 180, 546 29 STATE BAN K S OF M ICHIGAN 81 No. 281. COOPERSVILLE STATE BANK, COOPERSVILLE. Organized September 29, 1903. C h a s . P . L i l l i e , P r e s id e n tj L . D . M i l l s , V ic e P r e s id e n t ; M il l a k d D u r h a m , C a s h ie r ; P a u l H a h n , W a y n e M u r r a y , A s s is t a n t C a sh iers. D i r e c t o r s .— M i ll a r d D u r h a m , B . P . S h e r w o o d , J o h n N . W e n g e r , C h a s . P . L i l l ie , E l l i s P . L i l l ie , C h a s . A . V a n d e g r i f t , A . E . B o n n e r , L . D . M i ll s , H u g h E . L i llie . Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial ..................... Real estate mortgages: Commercial..................... Savings .......................... Bonds and securities: Commercial ............ Savings ............................ Due from banks in reserve cities Commercial ..................... Savings ....................... U. S. Bds. and Cert, of Ind. as legal reserve : Savings dept, only..................... Exch. for C. H. and checks on banks in same place : Commercial ..................... Total cash on hand: Commercial ..................... Overdrafts ................ ...... . . Banking hou se..................... Furniture and fixtures. . . . Other real estate .............. Customers’ bonds left with bank for safe keeping ............................ Total .......................... $191. 355 75 41, 238 19 349. 955 80 231, 700 00 194, 200 00 54, 280 79 60, 353 16 Capital stock paid in .............................. Surplus fund ...................................•............ Undivided profits, net................................. Reserved for taxes, interest, depreciation, etc. ............................................................ Commercial deposits subject to check. . . . Demand certificates of deposit..................... Savings deposits (book account).............. Savings certificates of deposit.................. Bills payable......................................... Customers’ bonds left with bank for safe keeping ................................................... $40, 000 00 40, 000 00 30, 515 53 11, 697 280, 480 9 6 ,1 5 8 446, 042 250, 527 1, 300 26 10 92 58 13 00 12, 100 00 36, 650 00 59 09 9, 435 527 % 500 3, 737 20, 728 64 03 00 49 58 12, 100 00 $1, 208, 821 52 Total ................................................... $1, 208, 821 52 No. 524. P E O P L E ’ S SAVINGS B A N K OF COOPERSVILLE. Organized January 25, 1912. L ym an E. D u r p h y , P r e s id e n t ; L . J. H in k e n , V ic e P r e s id e n t ; G eorge G e r t i e C o m s t o c k , A s s i s t a n t C a s h ie r . D i r e c t o r s .-— L y m a n E. D u rph y, J oh n L a u g , L . H . Peck, Joh n V a n A l l s b u r g , L . J . H in k e n . Lubben, L aug, G eorge C a sh ier; Laug, F red Statement October 3, 1928. Resources. Loans and discounts: Commercial .............................................. Real estate mortgages: Commercial .............................................. Savings ................................................... Bonds and securities: Commercial ............................................... Savings ..................................................... Due from Federal Reserve bank: Commercial ............................................... Savings ...................................................... Due from banks in reserve cities: Savings ...................................................... Total cash on hand: Commercial ............................................... Savings ...................................................... Overdrafts ...................................................... Banking h ou se............................................... Furniture and fixtures................................... Other real estate.......................................... Customers’ bonds left with bank for safe keeping ...................................................... Stock of Federal Reserve bank............... Total ................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $240, 425 97 4, 000 00 165, 206 50 26, 000 00 155, 690 00 Capital stock paid in ................ $25, Surplus fund ............................................... 9, Undivided profits, net'................ Commercial deposits subject to c h e c k ... Time commercial certificates of deposit. . Savings deposits (book account). 335, Savings certificates of deposit..................... Customers’ bonds left with bank for safe keeping ..................................................... 000 00 7, 000 00 567 82 76, 520 10 218, 593 02 925 77 18800 12, 600 00 17, 981 95 8, 000 00 25, 825 88 949 6, 000 150 7, 600 2, 400 11, 664 79 00 12 00 00 50 12, 600 00 900 00 $685, 394 71 Total ................................................... $685, 394 71 82 STATE BA N K IN G D EPARTM ENT No. 648. COPEMISH STATE BANK, COPEMISH. Organized M ay 17, 1920. B. O ste n d o r f, P r e s id e n t: M . T . C r im m in s , J n o. O. F r a n k L . P o r t e r , C a s h ie r . D o e , V ic e P r e s id e n ts : D i r e c t o r s .— B . O s t e n d o r f, R a y C a r t ie r , M . T . C r im m in s , J n o . O . D o e , A . R . B o lt o n . Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial ............................................ Real estate mortgages: Savings ................................................... Bonds and securities: Commercial .............................................. Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept', only................................... Total cash on hand: Commercial ............................................... Savings ..................................................... Overdrafts ..................................................... Banking h o u s e .............................................. Furniture and fixtures................................... Customers’ bonds left with bank for safe keeping ..................................................... Capital stock paid in ................................ Surplus fund ................................................. Undivided profits, net................................... Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject to check. . . Demand certificates of deposit................ Cashier’ s checks .......................................... Savings deposits (book account)............ Savings certificates of deposit................... Customers’ bonds left with bank ror safe keeping ..................................................... $43, 252 17 4, 700 56 29, 000 00 35, 500 00 11, 339 39 4, 331 83 $20, 000 00 3, 500 00 470 32 , 050 00 41, 839 90 39, 081 78 54 00 39, 283 75 59 89 1 1 , 2. 300 00 250 00 3, 684 47 2, 000 00 31 22 7, 000 00 2, 200 00 1, 250 00 Total $146, 589 64 Total $146, 589 64 No. 406. THE STATE B A N K OF M ONTCALM COUNTY, CORAL. Organized July 21, 1908. V a n S . R e y n o l d s , P r e s i d e n t j J . S. N e w e l l , V i c e P r e s i d e n t ; T h o m a s E va H o l c o m b , A s s i s t a n t C a sh ier. D i r e c t o r s .— J . S . N e w e ll, V a n S. R e y n o ld s , W. E. A rb o g a st, C. E . S ke d g ell, C a sh ier; B e c k le y , T h os. S k e d g e ll. Statement October 3, 1928. Resources. Loans and discounts: Commercial ......... .................................... Real estate mortgages: Savings . .. .............................................. Bonds and securities: Commercial .............................................. Savings ..................................................... Due from banks in reserve cities: Commercial ............................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Total cash on hand: Commercial ............................................... Overdrafts ..................................................... Banking house ............................................ Furniture and fixtures................................. Other real estate.......................................... Customers’ bonds left with bank for safe keeping ...................................................... Total ......................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $92, 687 74 64, 271 65 47, 000 00 26, 500 00 8, 819 26 Capital stock paid in ................................... Surplus f u n d ................................................. Undivided profits, net................................. Commercial deposits subjectto check. . Demand certificates of deposit'.................. Cashier’ s checks .......................................... State moneys on deposit............................ Savings deposits (book account)................ Bills payable .............................................. Customers’ bonds left with bank for safe keeping ..................................................... $20, 9, 2, 28, 91, 2, 5, 98, 15, 000 000 467 955 207 244 000 816 000 00 00 04 27 58 57 00 13 00 4, 400 00 14, 150 00 4, 051 28 4, 100 2, 000 9, 081 90 80 00 00 24 4, 400 00 $277, 090 59 Total $277, 090 59 STATE BAN K S OF M ICHIGAN 83 No. 339. THE OLD CORUNNA STATE BA N K , CORUNNA. Organized M ay 5, 1906. E . T . S i d n e y , P r e s i d e n t ; W . A . R o s e n i c r a n s , J o h n Y . M a r t i n , V ic e P r e s i d e n t s ; F . W m . N o t n a g e l , C a s h i e r ; F . L. B r o o k s , A s s i s t a n t C a sh ier. D i r e c t o r s .— W . A . R o s e n k r a n 's , E . T . S id n e y , S a m u e l M . K e r b y , J . A . R ic h a r d s o n , Jos. H. C o llin s , F. R. G iln a , F. W in . N o t n a g e l. Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial ........... Savings ..................................................... Real estate mortgages: Commercial ............................................... Savings ..................................................... Bonds and securities: Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Savings ......... C. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only.................................. Total cash on hand: Commercial ............................................... Savings ...................................................... Overdrafts ..................................................... Banking house ............................................ Furniture and fixtures................................ Due from banks other than in reserve cities .......................................................... Customers’ bonds left with bank for safe keeping ...................................................... Outside checks, revenue stamps and other cash items .............................................. Total ................................................... $231, 594 55 74, 077 14 13, 000 00 238, 517 08 277, 500 00 16, 152 58 39, 013 73 16, 100 00 Capital stock paid in ................................. Surplus f u n d ................................................. L'ndivided profits, net................................... Reserved for taxes, interest, depreciation, etc............................................................... Commercial deposits subject to check____ Demand certificates of deposit............ Cashier’ s checks .......................................... Due to other banks and bankers... Savings deposits (book account)............ Savings certificates of deposit............ Customers’ bonds left with bank for safe keeping .............................................. $ 30 , 000 00 30, 000 00 19. 582 16 3, 185, 48, 2, 6, 345, 276, 688 078 426 126 750 760 337 79 13 41 80 11 25 92 10, 400 00 10, 196 20 10, 000 00 698 72 14, 000 00 6, 000 00 286 33 10, 400 00 614 24 $958, 150 57 Total ................................................... $958, 150 57 No. 652. COVERT STATE BAN K , COVERT. Organized March 15, 1920. O . M . V a u g h a n . P r e s i d e n t ; T . C . T i e d e b o h l , J r ., V i c e P r e s i d e n t ; T h o m a s S p e l m a n , C a s h i e r . D i r e c t o r s — G e o . C . M o n r o e , T h o m a s S p e lm a n , T . C . T ie d e lb o h l, J r ., O . M . V a u g h a n , E. J. K ir b y . Statement October 3, 1928. Resources. Loans and discounts: Commercial ............................................... Savings . . , ................................................. Real estate mortgages: Commercial ............................................... Savings ..................................................... Bonds and securities: Savings ..................................................... Due from banks in reserve cities: Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only ................................. Total cash on hand: Commercial .............................................. Overdrafts ..................................................... Banking h ou se.............................................. Furniture and fixtures................................ Due from banks other than in reserve cities .......................................................... Customers’ bonds left with bank for safe keeping ...................................................... Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $68, 546 43 19, 525 00 1, 800 00 65, 367 79 19, 150 00 31, 928 39 Capital stock paid in ................................... Surplus fund ................................................. Undivided profits, net................................... Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject to check.. . Demand certificates of deposit................ Savings deposits (book account).............. Savings certificates of deposit'................... Club savings deposits................................... Customers’ bonds left with bank for safe keeping ..................................................... 12, 850 00 $20, 000 00 5, 250 00 4, 001 77 2, 081 11 58, 362 79 430 25 105, 186 77 42, 164 30 1, 577 00 2, 250 00 6, 436 61 57 28 5, 000 00 2, 100 00 6, 292 49 2, 250 00 $241, 303 99 Total $241, 303 99 84 STATE BA N K IN G DEPARTM ENT No. 596. FIRST STATE SAVINGS B A N K , CROSWELL. Organized July 5, 1917. M. H. A i t k i n , P r e s i d e n t : A . E . S l e e p e r , V ic e P r e s id e n t ; F r a n k A . F . E l l e r t h o r p e , A s s i s t a n t C a s h ie r . D i r e c t o r s .— M . H . A i t k i n , A . E. John S le e p e r , N e il J . P . N ig g e m a n . M c C o ll, L. F e n to n , C a sh ie r ; Frank L . F e n to n , Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial ............................................ Savings ................................................... Real estate mortgages: Commercial .............................................. Savings ..................................................... Bonds and securities: Commercial ............................................... Savings ........................... Due from Federal Reserve bank: Commercial .............................................. Savings .................................. 'Due from banks in reserve cities: Commercial ............................................ Total cash on hand: Commercial ............................................... Overdrafts ..................................................... Banking h ou se.............................................. Furniture and fixtures................................... Other real estate........................................ Due from banks other than in reserve cities ................................................ Outside checks, revenue stamps and other cash ite m s ................................................. Stock Federal Beserve bank..................... Total ................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $180, 276 36 22, 753 09 500 00 113, 380 33 200, 000 00 75, 000 00 16, 772 81 7, 500 00 Capital stock paid in ................................... Surplus fund .............................................. Undivided profits, net................................... Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject to ch e ck ... Cashier’s checks ....................................... State moneys on deposit.............................. Time commercial certificates of deposit.. Savings deposits (book account).............. Savings certificates of deposit................... $30, 000 00 6, 000 00 13, 941 00 , 1, 838 1 2 9 ,4 0 0 2, 404 5, 000 2 2 1 ,7 4 1 I l l , 869 128, 968 52 70 27 00 54 34 42 11, 028 56 9, 591 01 896 38 3, 000 00 2, 900 00 4, 341 77 2, 352 67 270 81 1 ,1 0 0 00 $651, 163 79 Total ................................................... $651, 163 79 85 STATE BAN K S OF M ICHIGAN No. 182. THE STATE B A N K OF CROSWELL, CROSWELL. Organized November 15, 1895. Corporate existence extended November 15, 1925. J o h n P . N i g g e m a n , J r ., P r e s i d e n t ; H . W . W i x o n , V i c e P r e s i d e n t ; M e l v i n H . A i t k i n , C a s h i e r j M . K . D a v i s , A s s i s t a n t C a sh ier. D i r e c t o r s .— J o h n P . N ig g e m a n , J r ., M e l v i n J. P ran k H . A itk in , M a tth e w s. H. W. W ix o n , H. H. L e a rm o n t, Statement October 3, 1928. Liabilities. Resources. Loans and discounts: Commercial .............................................. Savings ..................................................... Real estate mortgages: Commercial .............................................. Savings ..................................................... Bonds and securities: Commercial .............................................. Savings ..................................................... Due from Federal Reserve bank: Commercial .............................................. Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Savings ...................................................... Total cash on hand: Commercial .............................................. Savings ..................................................... Overdrafts ..................................................... Banking house ............................................ Furniture and fixtures................................ Other real estate.......................................... Due from banks other than in reserve c it i e s ................................................... Outside checks, revenue stamps and other cash items .............................................. Stock of Federal Resene bank................ Total ................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $196, 020 42 79, 002 56 7, 574 93 214, 583 67 435, 000 00 143, 850 00 Capital stock paid in ................................... Surplus fund ................................................. Undivided profits, net................................ Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject to ch eck.. . Cashier’ s checks ......................................... Time commercial certificates of deposit.. Savings deposits (book account)............ Savings certificates of deposit................... $60, 000 00 12, 000 00 26, 070 19 11, 256, 3, 458, 122, 338, 000 00 259 254 685 594 474 91 22 74 88 85 28, 341 55 16, 000 00 124, 901 26 4, 000 00 10. 334 62 3, 633 282 9, 500 3, 500 8, 200 50 71 00 00 06 838 18 576 33 2, 200 00 $ 1, 288 339 79 Total ................................................... $ 1, 288 339 79 86 STATE BA N K IN G DEPARTM EN T No. 568. THE STATE B A N K OF CRYSTAL, CRYSTAL. Organized August 26, 1915. R ayburn B. S m i t h , P r e s id e n t ; J a m b s H . S t b e r b , V ic e P r e s id e n t ; R a y E a r l J. F r o s t , A s s is t a n t C a sh ier. D i r e c t o r s .— R a y b u r n i B . S m i t h , J a m e s H . S t e e r e , M . J . M c C o n k ie , I r a C u m m in g s , C . D e Y o u n g , E a r l J . F r o s t . B in k l e y , C a sh ier; R ay B in k le y , Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial .............................................. Real estate mortgages: Savings ..................................................... Ronds and securities: Commercial .............................................. Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Total cash on hand: Commercial ....................................... Overdrafts ..................................................... Banking h ouse............................................... Furniture and fixtures.............................. Due from banks other than in reserve c it i e s .......................................................... Customers' bonds left with bank for safe keeping ..................................................... Outside checks, revenue stamps and other cash items ............................................... Total ................................................... $154, 929 93 59, 001 00 23, 870 00 7, 995 84 16,648 27 2, 000 00 Capital stock paid in ................................... Surplus f u n d ................................................. Undivided profits, net................................. Commercial deposits subject to check.. Demand certificates of deposit................ Savings deposits (book account)............... Savings certificates of deposit................. Customers’ bonds left with bank for safe keeping ...................................................... $20, 000 14, 000 4, 913 6 1 ,8 1 3 122, 131 54, 794 12, 623 00 00 78 11 32 72 17 6, 900 00 6, 995 31 7, 068 165 5, 000 3, 915 02 12 00 52 2, 103 34 6, 900 00 583 75 $297, 176 10 Total ................................................... $297, 176 10 No. 529. THE DAGGETT STATE BANK , DAGGETT. Organized M ay 27, 1912. A n d r e w E . W e n g , P r e s i d e n t ; D . R . L a n d s b o r o u g h , V i c e P r e s i d e n t ; C. O . L a r s e n , Cashier; G e o r g e H . B e r g s t r o m , A s s i s t a n t C a s h ie r . D i r e c t o r s .— A n d r e w E . W e n g , I ). R . L a n d s b o r o u g h , A r t h u r A . W e n g , C h a s . P e t e r s o n , T h eod ore Eckm an, W e n ole D o ls k y . Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial ............................................... Savings .................................. Real estate mortgages: Commercial ............................................... Savings ..................................................... Bonds and securities: Commercial .............................................. Savings ..................................................... Due from banks in reserve cities: Commercial ............................................... Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Total cash on hand: Commercial .............................................. Savings ...................................................... Overdrafts ..................................................... Banking h ou se.............................................. Furniture and fixtures .............................. Other real estate.......................................... Customers’ bonds left with bank for safe keeping .......................................................... Outside checks, revenue stamps and other cash items ............................................... Total ................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $65, 392 61 50, 860 00 16, 862 05 44, 987 44 12, 693 75 45, 735 00 Capital stock paid in ....................................... $ 20 , 0 00 00 Surplus fund ............................................... Undivided profits, net................................. Commercial deposits subject to c h e c k ... Demand certificates of deposit.................. Cashier’ s checks .......................................... Due to other banks and bankers.............. Savings deposits (book account)............ Customers’ bonds left with bank for safe keeping .............. ...................................... 20, 000 3, 510 83, 128 7, 181 1 ,1 0 1 1,764 166, 112 00 54 14 29 72 98 19 500 00 15, 492 48 8, 213 16 550 00 2 ,1 4 2 16, 500 155 2, 000 2, 400 18, 773 33 00 18 00 00 72 500 00 41 14 $303, 298 86 Total ................................................... $303, 298 86 STATE BAN K S OF M ICHIGAN 87 No. 176. DAVISO N STATE BANK , DAVISON. Organized December 23, 1894. Corporate existence extended December 23, 1924. J am es H. B a x t e r , P r e s i d e n t : I . J . B e r r y , V i c e P r e s i d e n t : C. E . L e a c h , C a s h i e r j C. 8 . S t o m b a u g h , J. W . H a r l a n , A s s i s t a n t C a sh iers. D i r e c t o r s .— J a m e s H . B a x t e r , S. T . H a l l , F . J . S m it h , F . W . K n a p p , C. E . L e a c h , I. J . B e r r y , J. M . V a n B u s k ir k , A . S. H a r r is o n , G ra n t S t im s o n . Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial ............................................ $250, 734 Savings ..................................................... 61, 021 Real estate mortgages: Savings ......................................... 180, 752 Bonds and securities: Savings ...................................................... 78, 500 Due from Federal Reserve bank: Commercial ............................................... 13, 898 Savings ................................................... 10, 000 Due from banks in reserve cities: Commercial ............................................... 60 Savings ..................................................... 268 Total cash on hand: Commercial .............................................. 6, 807 Savings ..................................................... 1, 500 Overdrafts ..................................................... 616 Banking house .................................... 4, 000 Furniture and fixtures................................. 4, 000 Other real estate....................................... 14, 491 Customers’ bonds left with bank for safe keeping ...................................................... 9, 750 Stock of Federal Reserve bank......................... 1 ,8 0 0 Total ...................................-............... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 37 53 07 00 04 00 Capital stock paid in ................................. Surplus fund ......................... Undivided profits, net................................. Commercial deposits subject to check. . . . Demand certificates of deposit................ Savings deposits (book account)............ Savings certifies ces of deposit................... Club savings deposits.................................. Customers’ bonds left with bank for safe keeping ..................................................... $50, 20, 27, 114, 84, 325, 4, 1, 000 000 483 563 449 941 889 122 00 00 43 10 50 37 44 59 9, 750 00 28 34 09 00 53 00 00 18 00 00 $638, 199 43 Total ................................................... $638, 199 43 88 STATE BA N K IN G D EPARTM ENT No. 653. F A R M E R S ’ STATE BANK, DAVISON. Organized December 16, 1919. H arry P otter, P r e s id e n t; M e l z o r H i l l , V ic e P r e s i d e n t ; M . A . M c B r a t n e y H o w a r d R i c e , A s s i s t a n t C a s h ie r . D i r e c t o r s .— H a r r y P o tte r M e lz o r H i l l , M a r k B a x t e r , C. M . S t o d d a r d , I r a W m . E . H i l l , A m . J . L e a c h , W a l t e r T . H i l l , H . C . W h i p p le . C a sh ie r ; W. D ic k in s o n , Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial ................................. Savings ...................................! ! ! ! ' . ! . . Real estate mortgages: Commercial ................................... Savings .......................................... Bonds and securities: Commercial .............................................. Savings ..................................... Due from banks in reserve cities: Commercial ............................................... Savings ..................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Total cash on hand: Commercial ............................................... Savings .......................................... Overdrafts ................................................. .' Banking h o u s e .............................................. Furniture and fixtures................................... Other real estate.......................................... Customers’ bonds left with bank for safe keeping ..................................................... Outside checks, revenue stamps and other cash items ............................ .................. Total $ 100, 388 44 45, 776 91 2, 185 00 53, 921 57 4, 200 00 24, 500 00 $ 40, 2, 8. 61, 27, 139’ 5, Capital stock paid in .................. Surplus fund ............................. Undivided profits, net................................. Commercial deposits subject to ch eck.. . . Demand certificates of deposit................... Savings deposits (book account).............. Bills payable................................................. Customers’ bonds left with bank for safe keeping ..................................................... 000 00 000 00 746 51 408 488 096 000 16 92 60 00 12, 400 00 11, 301 75 8, 000 00 3, 800 00 6 , , 112 96 000 00 150 48 9, 400 00 6, 400 00 6, 564 58 1 12, 400 00 38 50 $296, 140 19 Total $296, 140 19 No. 630. THE .AM ERICAN STATE BANK, DEARBORN. Organized August 29, 1919. F red W . D a l b y , P r e s i d e n t ; S a m u e l B . L o n g , V ic e P r e s id e n t ; A lo n zo R L it t l e V ic e P r e s i d e n t a n d C a s h i e r ; C l a r e A . E n g l i s h , W a l l a c e ,T. A d a m s , R . A . S c h l o f f A s s i s t a n t C a sh iers. ’ D i r e c t o r s .-— F r e d W . D a l b y , H a r v e y B . W a l l a c e , F r e d J . M c D o n a l d , S a m u e l B . L o n g , H e r b e r t C. M u n ro, G ordon F e a r n le y , J a n ie s E. G reene, J o e l S to c k a r d , A lo n z o R. L ittle . Statement October 3, 1928. Resources. Loans and discounts: Commercial .............................................. Savings ..................................................... Real estate mortgages: Savings ..................................................... Bonds and securities: Savings ..................................................... Due from banks in reserve cities: Commercial ............................................... Savings ................................................... Exch. for C. H. and checks on banks in same place : Commercial ............................................... Total cash on hand: Commercial ....................... ...................... Savings ...................................................... Banking house ............................................ Furniture and fixtures................................. Accrued interest, receivable (n e t).......... Total ................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $310, 942 09 323, 206 91 471, 110 22 380, 000 00 30, 084 12 146, 433 91 Capital stock paid in ................................ Surplus f u n d ................................................. Undivided profits, net................................ Dividends unpaid ....................................... Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject to check. . . . Certified checks ............................................ Cashier’s checks ......................................... Savings deposits (book account)............ Savings certificates of deposit.................. Club savings deposits......................... ...... $100, 000 00 55, 000 00 13, 438 69 908 00 4, 106 3 3 6 ,7 1 3 3, 313 13, 053 1, 220, 581 2 5 ,1 7 7 3 0 ,1 9 0 55 58 84 45 15 57 27 7, 197 13 2 7 ,5 2 4 20, 000 63, 000 22, 323 660 54 00 00 65 53 $1, 802, 483 10 Total ................................................... $1, 802, 483 10 STATE BAN K S OF M ICHIGAN 89 No. 459. THE DEARBORN STATE BANK, DEARBORN. Organized May 20, 1910. H enry F o r d , P r e s i d e n t : H e r m a n K a l m b a c h , E . G. L ie b o l d , V ic e C h a s . R . S m i t h , J . W . B l a n k e r t z , A s s i s t a n t C a sh iers. P r e s id e n ts ; D i r e c t o r s .— H e n r y F o r d , H e r m a n K a l m b a c h , E . G L ie b o ld , H . L . B u r d e n o , W m . T . G r e g o r y , C. L. P arker. Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial .............................................. Savings ..................................................... Real estate mortgages: Savings ................................................... Bonds and securities: Commercial .............................................. Savings ..................................................... Due from Federal Reserve bank: Commercial .............................................. Savings ................................................... Due from banks in reserve cities: Commercial .............................................. Savings ...................................................... Exch. for C. H. and checks on banks in same place: Commercial .............................................. Total cash on hand: Commercial ............................................ Savings ...................................................... Premium account ....................................... Banking house .......................................... Furniture andfixtures.................................... Stock of Federal Reserve bank................. Total ................................................... $ 911, 959 94 350, 000 00 1, 439, 591 33 354, 900 00 1, 230, 739 00 170, 281 62 90, 000 00 Capital stock paid in ................................... Surplus f u n d ................................................. Undivided profits, net................................. Dividends unpaid ........................................ Commercial deposits subject' to check.. . . Certified checks ............................................ Cashier’ s checks .......................................... Due to other banks and bankers............ Savings deposits (book account).............. Savings certificates of deposit'................ $ 100, 000 250, 000 29, 331 1 ,2 2 4 1, 575, 063 215 86, 281 15, 607 3, 037, 875 3 2 ,1 8 9 00 00 31 00 30 46 43 61 89 26 366, 501 16 30, 000 00 3 ,1 3 4 24 6 3 ,6 8 5 6, 850 3, 463 81, 656 14, 525 10, 500 63 30 50 31 18 00 $5, 127, 788 26 Total ................................................... $5, 127, 788 26 No. 319. THE C IT IZE N ’S STATE BANK , DECATUR. Organized August 15, 1905. G e o . T . P o m e r o y , P r e s id e n t ; A . J. G o b l e , F . P . H a l l , V ic e P r e s id e n t s ; C a s h i e r ; J . C . P o m e r o y , A s s is t a n t C a sh ier. D i r e c t o r s .— W . C. S n y d e r , A d a I sh a m , G eo. T . P om eroy, A. J. G o b le , H . G. H u d so n , F . P . H a ll . Statement October 3, 1928. Resources. Loans and discounts: Commercial .............................................. Savings ..................................................... Real estate mortgages: Savings....................... Bonds and securities: Commercial ............................................ Savings ................................................ Due from banks in reserve cities: Commercial .............................................. U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only..................................... Exch. for C. H. and checks on banks in same place: Commercial .............................................. Total cash on hand: Commercial.................. Overdrafts ...................................................... Banking h ou se.............................................. Furniture and fixtures................................... Other real estate.......................................... Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $195, 855 05 12, 039 14 72, 810 78 57, 400 00 5, 000 00 47, 618 81 14, 000 00 Capital stock paid i n ................................... Surplus f u n d ................................................. Undivided profits, n e t ............................... Reserved for taxes, interest, depreciation, etc. ............................................................. Commercial deposits subject toc h e c k ... . Demand certificates of deposit................ Certified checks ............................................ Cashier’ s checks ....................................... State moneys on deposit............................ Savings deposits (book account)............ Savings certificates of deposit.................. Club savings deposits................................... Bills payable.......................................... $25, 000 00 6, 250 00 2, 648 61 3, 691 154, 401 89, 587 1, 002 2, 474 10, 000 9 9 ,9 5 7 15, 901 3. 517 16, 000 39 38 13 00 40 00 18 85 50 00 2, 526 87 9, 493 60 7, 676 2, 313 3, 635 02 67 85 69 96 $430. 431 44 Total $430, 431 44 90 STATE BA N K IN G D EPARTM ENT No. 102. THE FIRST STATE BA N K , DECATUR. Organized August 15, 1890. Corporate existence extended August 15, 1920. E. E. C o p l e y , P r e s id e n t ; L . E . V a n A n t w e r p , V ic e P r e s id e n t an d E . C. S t a p l e t o n , H . H . C r e a g a n , A s s i s t a n t C a s h i e r s . C a sh ier; D i r e c t o r s .— B e lle A . B a k e r , E . E . C o p le y , H . H . C r e a g a n , L . E . V a n A n t w e r p , J . E . M a x w e ll. Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial .............................................. $176, 497 Real estate mortgages: Savings ..................................................... 91, 950 Bonds and securities: Commercial ........... 36, 600 Savings ..................................................... 85, 485 Due from banks in reserve cities: Commercial ....................................... 28, 386 Savings ..................................................... 20, 000 U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................. 16, 000 Exch. for C. H. and checks on banks in same place: Commercial ............................................ 325 Total cash on hand: Commercial ............................................... 6, 601 Savings .................................................................... 5 ’ 000 Overdrafts ..................................................... 84 Banking h ouse.............................................. 7, 364 676 Furniture and fix t u r e s ,......................... Other real estate.......................................... 8, 705 Customers' bonds left with bank for safe keeping ...................................................... 38, 300 Outside checks, revenue stamps and other cash items ............................................... 1, 126 Other assets ................................................. 6, 529 Total ................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 64 45 00 00 25 00 Capital stock paid in ................................... Surplus f u n d ................................................. Undivided profits, net................................ Commercial deposits subject to check____ Demand certificates of deposit................. Cashier’ s checks .......................................... Savings deposits (book a c c o u n t)....’ ’ .’ .’ Savings certificates of deposit.................. Customers’ bonds left with bank for safe keeping ..................................................... $40, 000 10, 000 1, 375 98* 764 108, 932 4, 420 115* 456 1 1 2 ,3 8 1 00 00 97 85 63 96 81 10 38, 300 00 00 34 42 00 99 00 18 25 00 80 00 $529, 632 32 Total ................................................... $ 529, 632 32 STATE BAN K S OP M ICHIGAN 91 No. 565. DECKER STATE BANK, DECKER. Organized July 13, 1915. D a v id I n n e s , P r e s id e n t ; M . B . A u t e n , O t to W . N iq u e , V ic e P r e s id e n t s ; M y lo R a g a n , C a sh ier • M . B . A u te n , G eorge M cI n t y r e , A u d ito r s. D i r e c t o r s .— W m . F . E h le r s , D a v i d I n n e s , O t t o AY. N iq u e , M . B . A u t e n , G e o r g e M c I n t y r e Jose p h F r u tc h e y , F r e d W illis . Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial ............................................... Real estate mortgages: Commercial .............................................. Savings ..................................................... Bonds and securities: . Commercial .............................................. Savings ..................................................... Due from banks in reserve cities: Commercial ............................................... Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve : Savings dept, only................................... Total cash on hand: Commercial ............................................... Overdrafts ..................................................... Banking house.............................................. Due from banks other than in reserve c it i e s .......................................................... Customers’ bonds left with bank for safe keeping ..................................................... Total $48, 061 67 4, 778 31 26, 730 87 5, 000 00 50, 000 00 13, 583 07 8, 000 00 Capital stock paid i n ............... Undivided profits, net................................ Commercial deposits subject to check. . . . Demand certificates of deposit................ Certified checks ............................................ Cashier’ s ch eck s............................................ Savings deposits (book account).............. Savings certificates of deposit................... Customers’ bonds left with bank for safe keeping ...................................................... $20, 4, 43, 22, 000 00 772 60 478 74 850 61 600 896 15 68, 152 60 14, 618 05 13, 450 00 6, 100 00 4, 516 14 4 69 5, 000 00 3, 000 00 13, 450 00 $188, 224 75 Total $188, 224 75 No. 335. THE DEERFIELD STATE BANK , DEERFIELD. Organized March 10, 1906. W m . F. W e is in g e r , P r e s i d e n t ; W m . T . A t k i n , V ic e P r e s id e n t ; G o y H . R o b e r t s , A s s is t a n t C a sh ier. F red W. K in g , C a sh ier; D i r e c t o r s .— W m . F . W e i s in g e r , W m . T . A t k i n , A r t h u r J . C a n n o n , R . W . C a n n o n , F . G . C a n n o n . Statement October 3, 1928. Resources. Loans and discounts: Commercial ............................................... Savings ...................................................... Real estate mortgages: Commercial ............................................... Savings ..................................................... Bonds and securities: Commercial .............................................. Savings ...................................................... Due from banks in reserve cities: Commercial ................................ Savings ........................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only ................................. Total cash on hand: Commercial .............................................. Savings..................................................... Overdrafts ..................................................... Furniture and fixtures................................. Other real estate.......................................... Liabilities. $85, 339 05 33, 100 00 9, 850 00 108, 220 00 6, 500 00 18, 000 00 Capital stock paid i n ................................... Surplus f u n d ................................................. Undivided profits, net................................... Commercial deposits subject to ch e ck ... Demand certificates of deposit................... Cashier’ s checks .......................................... Savings deposits (book account).............. Club savings deposits................................... ................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 00 00 99 21 00 10 76 70 24, 504 53 13, 800 00 6, 550 00 584 8, 000 257 3, 229 856 41 00 33 00 44 Total Total $20, 000 12, 500 3, 490 83, 422 22, 405 2, 987 1 7 3 ,2 7 8 706 $318, 790 76 ................................................... $318, 790 76 92 STATE BA N K IN G D EPARTM ENT No. 301. THE DELTON STATE BAN K , DELTON. Organized November 3, 1904. F red O. H ugh es, D i r e c t o r s .— W i l l i a m P r e s id e n t ; W m . E l l io t t , V ic e P r e s id e n t ; G . H . J o h n s o n , A s s i s t a n t C a sh ier. E llio tt, W. L. T horpe, G e o . J . D o s t e r , S i la s S. D o s t e r , T . A . A l d r ic h , F r e d C h a s . H . H u g h e s , J e n n ie H . A ld r ic h . C a sh ie r ; O. H u gh es, Statement October 3, 1928. Resources. Loans and discounts: Commercial .............................................. Savings ..................................................... Real estate mortgages: Savings ...................................................... Bonds and securities: Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Total cash on hand: Savings ...................................................... Overdrafts ................................................... Banking house ............................................ Furniture and fixtures................................. Other real estate............................................ Due from banks other than in reserve cities ........................................................ Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $64, 876 00 45, 086 61 167, 416 81 Capital stock paid in ................................ Surplus fund ..............................................., Undivided profits, net................................ Commercial deposits subject to c h e c k .... Savings deposits (book account)............ Savings certificates of deposit-................... $ 2 0 ,0 0 0 10, 000 17, 323 84, 947 226, 419 136, 985 00 00 72 18 42 46 39, 500 00 18, 964 35 99, 407 74 29, 800 00 7, 188 14 533 57 8, 510 14 4, 128 45 5, 586 89 4, 677 08 $495, 675 78 Total $495, 675 78 STATE BAN K S OF M ICHIGAN 93 N o . 357. THE AM ER ICAN STATE BA N K , DETROIT. Organized December 20, 1906. Twenty-six Branches. J o h n J. B a r l u m , P r e s i d e n t ; C h a s . P . L a r n e d , G o r d o n F e a r n l e y , F r a n k E . D o r e m u s , J o e l S t o c k a r d , A . J. M a y n a r d , V ic e P r e s id e n t s j R o b e r t M . A l l a n , V ic e P r e s id e n t an d C a s h ie r ; R . W . S l a y t o n YVm . R . B o t s f o r d , O . L . G r e e n , W a l t e r V a n G o e t h e m , H . R u n n e l s , S t a n l e y M . D a v i s , A s s is t a n t C a sh iers. D i r e c t o r s .— F r a n k A . K e l l y , C h a s . P . L a r n e d , H . B . W a l l a c e , H e n r y S . K o p p in , J o h n J . B a r i u m , F r a n k E . D o r e m u s , R ic h a r d M . I le a m e s , F r e d W . M c D o n a ld , G o r d o n F e a r n le y , J o e l S t o c k a r d , F r a n k E . L o g a n , R o b e r t M , A l l a n , J o h n F . C o n le y , A . W . F r y e , F r a n k W . S c h u e ll, N e ls o n P . D e s s e r t , G e o . M . W e l c h . Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial .......................................... . .$12, 384, 340 94 Sayings ................................................. 478, 966 43 Real estate mortgages: Commercial ......................................... 216, 557 16 Savings ................................................ 13, 245, 148 00 Bonds and securities: 44, 478 40 Commercial .......................................... 7, 432, 693 45 Due from Federal Reserve bank: 1, 243, 116 49 724, 128 79 Savings ................................................. Due from banks in reserve cities: 1, 805, 016 80 Exch. for C. H. and checks on banks in same place: 755, 307 15 Commercial .......................................... Total cash on hand: 342, 000 00 Commercial .......................................... 213, 322 18 Savings ................................................. 22, 105 89 Overdrafts ................................................. 1, 256, 487 30 502, 134 44 91, 989 05 Other real estate..................................... Due from banks other than in reserve 45, 397 89 cities ................................................... Customers’ bonds left with bank for safe 2, 132, 450 00 keeping ................................................. Outside checks, revenue stamps and other 538, 209 27 cash items .......................................... 82, 500 00 Stock of Federal Reserve bank............ 1 1 0 , 8 6 8 23 Accrued interest, receivable (n e t). . . . Customers' acceptances and letters of 5, 100 00 credit ................................................... 4, 450 6 8 Other assets ............................................ Capital stock paid in ................................ $2, 000, 000 00 Surplus fund ................................................. 750, 000 00 Undivided profits, net................................ 178, 392 26 18, 937 04 Dividends unpaid ....................................... Reserved for taxes, interest, depreciation, etc................................................................ 41, 023 29 Commercial deposits subject to check. . 11, 431, 508 20 163, 095 97 Certified checks .......................................... 377, 528 30 Cashier’ s checks ....................................... Due to other banks and bankers............ 509, 720 68 100, 000 00 State moneys on deposit............................ 27, 308 72 Fostal savings deposits.............................. Savings deposits (book account).............. 22, 693, 289 15 529, 672 07 Savings certificates of deposit................... 914, 665 14 Club savings deposits................................... 1, 600, 000 00 Bills payable................................................ Customers’ bonds left with bank for safe 2, 132, 450 00 keeping ..................................................... Customers’ acceptances and letters of 5, 100 00 credit ........................................................ Accrued interest and expense payable 196, 396 09 7, 681 63 .............................................. . .$43, 676, 768 54 Total ................................................... $43, 676, 768 54 Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 94 STATE BAN K IN G D EPARTM ENT AM ERICAN TRUST COMPANY, DETROIT. Organized M ay 12, 1917. 1!. C h a s . P . C l i p p e r t , C h a irm a n o f th e B o a r d . R a ce , P r e s id e n t; H . W . Gross, H a r r y O . M o h r m a n n , L . .T. O ’ B r i e n V ic e J o h n C. S h a w , V i c e P r e s i d e n t a n d T r u s t O ffic e r ; H . C. J o l l y , S e c r e t a r y ; ) ; • H a in e s , J. W . W ade, A ss is ta n t S e c r e ta r ie s ; J. K . F it z s im m o n s , T r e a s u r e r : H e n r y P . M e l o c h e , A ssista n t T rea su rer. G rant P r e s id e n ts ; Statement October 3, 1928. Resources. Liabilities. Collateral loans: Demand ................................................... Loans on real estate mortgages: In office ................................................ l i , With State Treasurer.............................. Other loans ................................................. Bonds: In o f fic e ................................................... With State Treasurer.............................. Real estate owned....................................... Real estate mortgages to secure deben tures .......................................................... Advances to trusts.......................................... Furniture and fixtures................................. Due from approved reserve agents......... Cash ............................................................... Items in transit.......................................... Certificates of deposit................................... Accrued interest and prepaid expense... Total $ 45 , 283 34 127, 722 50 167, 500 00 28’ 186 32 127, 992 87 32, 500 00 l i , 789 10 376, 600 2, 824 16, 630 70, 257 10, 493 66, 859 67, 500 7 8 ,6 1 7 00 89 30 16 07 65 00 44 Capital stock paid in ................................. Surplus fund .............................................. Undivided p rofits.......................................... Reserve for taxes, etc................................. Trust deposits............................................... Debentures ....................... First mortgage bonds payable................... Certificates of deposit................................. Real estate bonds outstanding................... Bills payable .............................................. Interest payable ........................................ Other liabilities .......................................... ................................................... $12, 230, 756 64 Total $500, 100, 67, 4, 988, 124, 282, 157, 9, 586, 57, 66, 296, 000 000 740 037 821 000 050 018 050 600 759 680 00 00 48 27 46 00 00 06 00 00 37 00 ...................................................$12, 230, 756 64 B A N K E R S ’ TRUST COM PANY OF DETROIT, DETROIT. Organized April 26, 1917. A r t h u r W e b s t e r , C h a irm a n o f th e B o a r d : W . C . B r a n d o n , P r e s i d e n t ; F r a n k W . H u b b a r d , E d w in D e n b y , R a l p h N ix o n , V ic e P r e s id e n t s ; H a r r y W . H a n s o n , S e c r e ta r y an d T r ea su r e r ; B . It*. C o l e ., A r t h u r A . P r a b e l , A s s i s t a n t S e c r e t a r i e s a n d T r e a s u r e r s : O t t o G. W i s m e r , T r u s t O ffic e r . D i r e c t o r s .— A r t h u r W e b s t e r , W . C. B r a n d o n , J o h n R . B o d d e , F r e d B u r t o n , L e o M . B u t z e l, E d w in D e n b y , C la u d M . H a r m o n , F r a n k W . H u b b a r d , G . V . N . L o t h r o p , E d w a r d A . L o v e le y , W a l t e r B . M a u r ic e , M . H u b e r t O ’ B r ie n , R a l p h N ix o n , f f m . I i. K a l e s , F r a n k D . E a m a n , H a r r y W . H a n s o n , F . J . H a y n e s , J a n ie s M . T e a h e n , F r a n k C . C o o k . Statement October 3, 1928. Resources. Liabilities. Loans on real estate mortgages: In office .......................... Bonds: In office ................ .... With State Treasurer. . . Real estate owned.............. ......... Other investments .............. Real estate mortgages to secure debentures ................................. Advances to trust................ Banking house ................... Due from approved reserve agents. ......... C a s h ..................................... Items in transit ............ Total .......................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 207 03 000 00 000 00 120, 183 82 341 74 951 512 110 117, 689 500 341 Capital stock paid in ................... Surplus fund . . . . Undivided profits . Reserve for taxes. etc.................. Corporate agency deposits.............. Debentures ............ Bills payable . . . . ......... $1, 000, 000 00 ............ 700, 000 00 ............ 137, 894 28 ............ 43, 666 04 ............ 748, 472 47 ............ 26, 938, 805 00 ............ 800, 000 00 95 40 04 56 00 25 ......... $30, 368, 837 79 Total ................................................... $30, 368, 837 79 STATE BANK S OF MICHIGAN 95 No. 573. THE BA N K OF DETROIT, DETROIT. Organized January 12, 1916. Eighteen Branches. C. H . H a b e r k .o r .x . J r ., C h a i r m a n o f t h e B o a r d . P r e s i d e n t ; G . O gden E l l i s , W . A . F i s h e r , R . B . G r ip m a n , F J B e y e r M . B e e r s , L . C. Y a n A u k e n , V i c e P r e s i d e n t s ; W . R . L a i n g , C a s h i e r ; S. G o d d i n , E . T . M c C o n n e l l ^ B . F . S a y l o r ^ A . J . S t o c k e r , G . C . A u t e n M . W . H e y r o c k , N. J. M acD o n a ld , A s s is ta n t C a s h ie r s ; T . L . H ig g in s ! A u d ito r . 9 D ir e c t o r s . - - G eo rg e B . J u d so n , A lo n z o P . E w in g , C. H a y w a r d M u r p h y , H . H . R a c k h a m , A r t h u r J . L a c y , J a n ie s T . W h i t e h e a d , G . O g d e n E l l i s , C . H . H a b e r k o r n , J r ., A n d r e w J . P e o p le s , E r n s t C . K e r n , W . A . F is h e r , H e n r y T . E w a l d , W m . R o b t . W i ls o n , G e o . R . A n d r e w s , L y m a n J . C r a ig , F r a n k C o u z e n s . G eorge B . J u d s o n , m ’ , ? DKNS' Q(j . I . M u r r a y ., C . P . S. F a r q u h a r , Statement October 3, 1928. Resources. Loans and discounts: Commercial ............................................ $ 1 6 ,6 4 3 ,5 0 3 72 Savings ....................... ...................... 1, 722, 547 15 Real estate mortgages: Savings..................................................... 10, 450, 275 40 Bonds and securities: Commercial.............................................. 5, 469, 387 09 Savings..................................................... 3 , 813, 507 75 Due from Federal Reserve bank: 2, 046, 254 81 Commercial .............................................. Savings ..................................................... 557, 000 00 Due from banks in reserve cities: Commercial ............................................ 34, 162 83 Savings ..................................................... 472, 748 25 Exch. for C. H. and checks on banks in same place: Commercial ........................................... 1, 1 7 0 ,1 3 5 95 Total cash on hand: Commercial .............................................. 339, 848 47 Savings ..................................................... 369, 179 05 2, 838 23 Overdrafts ..................................................... Premium account ....................................... 60, 242 63 Banking house ............................................ 1, 951, 539 69 Furniture and fixtures.............................. 189 ,1 1 6 04 Other real estate.............................. ........... 280, 714 61 Due from banks other than in reserve cities .................................... 144, 596 37 Customers' bonds left with bank for safe keeping ...................................................... 121, 650 00 Outside checks, revenue stamps and other cash items ............................................... 3, 358, 870 11 Stock of Federal reserve bank................... 150, 000 00 Accrued interest, receivable (n e t)............ 118, 497 48 Customers’ acceptances and letters of credit ........................................................ 10, 120 00 Other assets ................................................. 1, 364, 737 09 Total ...................................................$50, 841, 472 72 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. Capital stock paid in ................................. $4, 000, 000 Surplus f u n d ......................................................1, 000, 000 Undivided profits, net................................ 593, 351 ................................... 15, 333 Dividends unpaid Commercial deposits subject to check.. 22, 7 8 2 ,3 1 8 Certified ch e ck s............................................ 89, 361 ................................... 444, 254 Cashier’ s checks Due to other banks and bankers......... 1, 759, 687 State moneys on deposit............................. 100, 000 Postal savings deposit's................................. 20, 077 Time commercialcertificates of deposit. 1, 131, 232 Savings deposits (book account).............. 16, 1 0 7 ,1 4 6 Savings certificates of deposit................... 1, 281, 758 Bonds sold subject to repurchase......... 1, 291, 000 Customers’ bonds left with bank for safe keeping ............................. 121, 650 Customers’ acceptances and letters of credit ....................................................... 10, 120 Accrued interest and expense payable (net) .......................................................... 94, 180 Total 00 00 08 35 56 26 85 54 00 68 77 48 56 00 00 00 59 ................................................... $50, 841, 472 72 96 STATE BA N K IN G D EPARTM ENT *CITY IN D U STRIAL BA N K , DETROIT. Organized November 26, 1927. M o n t g o m e r y W h a l i n g , P r e s i d e n t ; R . W . R o s e , A s s i s t a n t t o P r e s i d e n t ; H e n r y S. S l y f i e l d H e n r y L . N e w n a n , T h e r o n H . G o o u s i'e e d , C . R . T a l b o t , V ic e P r e s i d e n t s ; I r a B . S c h m i d t ’ C a s h i e r a n d S e c r e t a r y ; W m . B . H a l l , A s s i s t a n t C a s h i e r ; JEd w . W . K n e v a l s , A u d i t o r . D i r e c t o r s .— M o n t g o m e r y W h a lin g , H e n ry sp e e d , C h a s . K T a lb o t , R . W . R o s e , I r a f re^ , H a s k e l, E d w a r d N . H in e s , G e o r g e fctorin. S . S ly f ie ld , H e n r y L . N e w n a n , T h e r o n H . G o o d B . S c h m id t , H e n r y E . B e y s t e r , G e o r g e B . B r ig h t , K it t r e d g e , J o h n C . M u lk e y , A d r i a n O t t e , A r t h u r Statement October 3, 1928. Resources. Liabilities. Loans, viz.: Notes receivable, industrial plan......... Notes receivable, other.......................... Trade acceptances................................... Other investments ..................................... Due from banks in reserve cities............ Cash on hand................................................ Deferred charges.......................................... Expense, interest and taxes paid, exceed ing earnings .......................................... Furniture and fixtures.............................. $2 6 4 ,6 8 5 85 88, 090 98 1, 722 00 ’ 96 65 7 ,0 7 1 1 5 150 00 3, 417 35 3, 324 98 5, 328 48 $373, Total .......................................... C om m enced https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis b u s in e s s Jan. 9, 887 44 1928. Capital stock paid in ................................... Surplus fund ............................................... Reserve for taxes, interest, etc.............. Discount collected unearned....................... Payments on installment certificates: Hypothecated .......................................... Unhypothecated ..................................... Investment certificates outstanding............ Notes and bills payable............................ Collections ................................................... Total .................................................. $125, 000 00 10, 588 95 4, 579 57 425 48 88, 26, 44, 69, 4, 311 499 450 112 920 44 75 00 16 09 $373, 887 44 STATE BANK S OF M ICHIGAN 97 No. 580. COMMONWEALTH COMMERCIAL STATE BAN K , DETROIT. Organized April 12, 1916. Twenty-two Branches. E lbert II. F o w l e r , C h a ir m a n o f th e B o a r d ; M . E . G a l v in , o f th e E x e c u t i v e C o m m itte e . V ic e P r e s id e n t and C h a ir m a n J o s e p h W . M cCa u s e y , P r e s id e n t; F r an k W o lf, F . H . T albot, W m . W . S m it h G . W . J. L i n t o n , T . A l l a n S m i t h . C. R . M c L a u g h l i n , V ic e P r e s i d e n t s ; H o w a r d P . Ma r s h a l l V ic e P r e s id e n t an d C a s h ie r ; A . O. D a h l s t r o m , A s s is ta n t C a s h ie r ; R . F . T h o m s o n , A u d ito r . P. E. i „ -v ------------’ ------------- -■ ------ o —- j ------- S ie d e r , C . R . M c L a u g h li n , W m . I I . S t e g e r , C a r l T . S t o r m , C ly d e W o o d , F red L . W o o d w o rth , H . B . E a rh a rt, E a rl H . Shedd, W a lte r racking, I. W e b ste r, F . S h eets. ________ A r th u r Statement October 3, 1928. Resources. Loans and discounts : Commercial ............................................ $ 3, Savings ...................................................... 4, Real estate mortgages: Commercial .............................................. Savings...................................................... 4, Bonds and securities: 4, Commercial .............................................. Savings ................................................... 1, Due from banks in reserve cities: Commercial ............................................ 1, U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... 1, Exch. for C. H. and checks on banks in same place : Commercial .............................. ............... Total cash on hand: Commercial ................................................ Savings .......................................................... Overdrafts ..................................................... Banking house ................................................ Furniture andfixtures......................................... Due from banks other than in reserve cities ............................................................. Customers’ bonds left with bank for safe keeping ..................................................... Outside checks, revenue stamps and other cash items ............................................... Accrued interest,receivable (n e t)............. Other assets ...................................................... Total Liabilities. 243, 519 56 515, 137 86 179, 666 84 880, 452 58 240, 393 61 372, 660 80 300, 635 74 256, 924 30 486, 913 45 485, 101 04 200,000 00 1 ,4 3 5 08 606,016 97 128,399 16 118,576 30 56, 349 00 987 34 229, 460 89 166, 332 95 ................................................... $23, 468, 963 47 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Capital stock paid in ...................................$ 1 ,0 0 0 ,0 0 0 00 800, 000 00 Surplus fund .............................................. Undivided profits, net1................................... 328, 153 08 Dividends unpaid ........................................ 1 ,1 2 7 25 Commercial deposits subject to ch e ck ... 7 ,5 2 6 ,2 3 9 97 Demand certificates of deposit................ 80, 946 25 Certified checks .......................................... 59, 446 25 Cashier’ s checks .......................................... 201, 098 53 Due to other banks and bankers............ 437, 115 38 State moneys on deposit............................ 363, 824 86 U. S. government deposits......................... 50, 000 00 Savings deposits (book account)............ 11, 088, 288 56 Savings certificates of deposit................ 443, 323 65 Club savings deposits................................... 899, 544 56 Customers’ bonds left with bank for safe keeping ..................................................... 56, 349 00 Accrued interest and expense payable (net) .............. .-....................................... 113, 848 81 19, 657 32 Other liabilities ....................................... Total ................................................... $23, 468, 963 47 98 STATE BAN K IN G DEPARTM ENT No. 47. THE DETROIT SAYINGS BAN K , DETROIT. Organized 1849. Reorganized July 18, 1871. Corporate existence extended July 18, 1901. Twenty-six Branches. J o h n M . D w y e r , C h a irm a n o f th e B o a r d ; W a l t e r L . D u n h a m , P r e s i d e n t ; J a s . H . D o h e r t y , J o h n C . D il w o r t h , W il s o n F l e m i n g , L . A . W il s o n , V ic e P r e s id e n t s ; K e n n e t h P a t o n , V i c e P r e s i d e n t a n d C a s h i e r ; E d w i n D . K a y , C e c i l S. H u n t , A s s i s t a n t V i c e P r e s i d e n t s ; W m . H . W a t s o n , E d w . .T. D e e , F r e d C. A n d r e w s , H . N . B a x e n d a l e , T h e o B . D o r a n , D e r v in e T . G o u in , H erm an A. L o effler, Sa m u e l D . M u l l in , A ssista n t C a sh ie r s; C l a r e n c e D . A tw o o d , B r a n ch A u d ito r . D i r e c t o r s .— S id n e y T . M i lle r , S r ., C h a r le s A . D e a n , J r ., G e o . T . H e n d r ie , J o h n M . D w y e r , P a u l F . B a g l e y , D a v i d S . C a r t e r , R o b e r t H e n k e l, J e r o m e H . R e in ic k , F r a n c i s T . P a lm s , F r e d ’ k. T . D u c h a r m e , J a s . T . M c M i ll a n , R a lp h S t o e p e l, J am e s H . D o h erty , S id n e y T . M i lle r , J r ., W a l t e r L . D u n h a m , E . D . S t a i r . C h a s . M . R o e h m . Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial .............................................. $10, 662, 690 27 Savings ................................................... 1, 000, 000 00 Real estate mortgages: Commercial ............................................ 9 6 ,0 7 1 45 Savings...................................................... 19, 049, 797 90 Bonds and securities: Commercial ............................................... 541, 762 13 Savings ................................................... 11, 415, 311 09 Due from Federal Reserve bank: Commercial.............................................. 1, 319, 148 00 Savings ..................................................... 1, 000, 000 00 Due from banks in reserve cities: Savings ..................................................... 1, 221, 687 91 Exch. for C. H. and checks on banks in same place: Commercial ............................................ 749, 053 17 Total cash on hand: Commercial .................................................... 464, 796 11 Savings ........................................................ 100, 000 00 Overdrafts ................................................... 4, 697 81 1, 846, 762 95 Banking houses ........................................ Furniture and fixtures................................. 253, 546 84 Other real estate.......................................... 61, 470 83 Due from banks other than in reserve cities ........................................................ 127, 663 01 Customers’ bonds left with bank for safe keeping ..................................................... 120, 650 00 Outside checks, revenue stamps and other cash items .............................................. 94, 350 71 Stock of Federal Reserve bank................ 120, 000 00 Customers’ acceptances and letters of credit ........................................................ 56, 851 00 Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $50, 306, 311 18 Capital stock paid in ................................... $1, 500, Surplus f u n d ................................................. 2, 500, Undivided profits, net................................. 516, Dividends unpaid ........................................ 10, Reserved for taxes, interest, depreciation, etc................................................................ 353, Commercial deposits subjectto check.. 1 0 ,4 1 0 , 250, Demand certificates of deposit................ Certified checks ............................................ 86, Cashier’ s checks .......................................... 263, Due to other banks and bankers............ 1, 019, State moneys on deposit.............................. 200, Postal savings deposits.............................. 41, 137, U. S. government deposits....................... Savings deposits (book acount)............ 31, 273, Savings certificates of deposit................... 597, Club savings deposits................................... 968, Customers’ bonds left with bank for safe keeping ...................................................... 120, Customers’ acceptances and letters of credit ........................................................ 56, Total 000 000 602 404 00 00 67 00 437 694 451 171 522 027 000 865 210 144 317 960 84 76 66 00 95 63 00 78 00 34 55 00 650 00 851 00 $50, 306, 311 18 STATE BAN K S OF M ICHIGAN 99 D ETRO IT AND SECURITY TRUST COM PANY, DETROIT. Organized November 15, 1900. R a£ pi£ S t o n e , C h a i r m a n o f t h e B o a r d j A l r e r t E . G r e e n , V i c e C h a i r m a n o f t h e B o a r d : M cP h e r s o n B r o w n in g , P r e s id e n t ; L a w r e n c e K . B u t l e r , C h a r l e s P . S p ic e r , W a lt e r B . H a y e s , E r n e s t K . M a t l o c k , H a r r y L . S t a n t o n , C. T o m D a r n t o n , A l b e r t B . H o f f m a n ,_ C h a r l e s N . G r a y , H e n r y H a r t , E m m e t t F . C o n n e l y , J u l i u s C. P e t e r , V i c e P r e s id e n ts ; F . J. M cG a v in , J. H . M o e l l e r , H . V . P u s c h , R obert L . N ix o n , F red L . A d a m s , S eld en B . D a u m e , C lar en c e M . J u s t ic e , H aro ld R . C r u s o e , H a rr y R . G l e e s o n , W . S . G i l b r e a t h , J r ., E r l e H . H e n d e r s o n , A l f r e d S n y d e r , A s s i s t a n t V i c e P r e s i d e n t s ; R o b e r t . C. S i m p s o n , P h i l D . H a l l , B e r t H . W i c k i n g , A l e x H . F o s t e r , P a u l R . B a r t o n , F r e d e r i c k J . O ’ D o n n e l l , D e a n E . R y m a n , J o h n C. Iv e i m , C h a r l e s E . H o w a r d , N a t h a n C. M e n t e , A l f r e d W . M a s s n ic k , P e t e r E . W a g n e r , D o n a l d J. G a r p o w , L eo J. M cC l a r t y , L eo J. M c M il l a n , T r u s t O ffic e r s ; W i l l i a m J. T h o m a s , T r e a s u r e r ; K e n n e t h C . T h o m , S e c r e t a r y ; N o r t o n J . M i l l e r , A l b e r t C. M u n r o , F . E a r l W a l l , V e r n o n C . F r a t c h e r , A s s is ta n t T r e a s u r e r s ; R. Y . C u t l e r , H arold W . G ib s o n , M a r c u s B o s t w i c k , A s s is ta n t S e c r e t a r i e s ; H . C . V a n E v e r y , A u d i t o r ; ,T. E v e r i t t J o h n s o n , A s s i s t a n t A u d i t o r ; O s c a r L. B uhr M a n a g e r C o r p o r a te B o n d D i v i s i o n ; R a l p h F. K h u e n , M a n a ger o f S a le s; D o u g l a s H . C a m p b e l l , M a n a g e r M u n ic ip a l B o n d D iv is io n . DiRECTORS.— F r a n k H . A l f r e d , S t a n d is h B a c k u s , W i l l i a m T . B a r b o u r , C a lv in P . B e n t l e y , R a lp h H . B o o t h , W a r r e n S . B o o t h , T h o s J . B o s q u e t t , E d g a r W . B o w e n , W a l t e r O . B r ig g s , M c P h e r s o n B r o w n i n g , A r t h u r H . B u h l, E d w a r d H . B u t le r , L a w r e n c e K . B u t le r , H e n r y M . B u t z e l L e o M . B u t z e l, D a v id S . C a r t e r , H . L . C h it t e n d e n , E m o r y W . C la r k , J a m e s E . D a n a h e r , R . E . D a n a h e r . J a m e s E . D a v id s o n , H o r a c e E . D o d g e , J r „ D . D w i g h t D o u g la s , S a m u e l T . D o u g la s , W a l t e r L . D u n h a m , J o h n M . D w v e r , C . G . E d g a r , D e x t e r M . F e r r y , J r ., C h a r le s T . F is h e r , J o h n B . F o r d , J r ., A l b e r t E . G r e e n , C . H . H a b e r k o r n , J r ., B e n t o n H a n c l i e t t , J u lia n H . H a r r i s , O r e n S . H a w e s , C h r i s t ia n H . H e c k e r , E d w a r d J . H ic k e y , H o ld e n , W i l l i a m R . K a l e s , G ilb e r t W . L e e , E d w in C . L e w is , E u g e n e W . L e w is , S id n e y T . M i lle r , S id n e y T . M i lle r , ,Tr., P e t e r J . M o n a g h a n , F r e d T . M u r p h y , M . J. M u r p h y , J o h n T . N ic h o ls , J a m e s V . O x t o b y , D a n ie l L . Q u ir k , J r ., H o r a c e H . R a c k h a m , F r e d J . R o b in s o n , C h a r le s M . R o e h m , W a l t e r S c o t t e n , W e s s o n S e y b u r n , H e n r y S h e ld e n , C h a r le s P . S p ic e r , E d w a r d D . S t a i r , H e n r y G . S t e v e n s , R a lp h S t o n e , R ic h a r d H . W e b b e r , J a m e s T . W h i t e h e a d , C h a r le s W r i g h t , J r . Statement October 3, 1928. Resources. Liabilities. Collateral loans: T im e .......................................................... $5, 713, 720 34 Demand ................................................... 4, 514, 500 00 Loans on real estate mortgages: In office ................................................. 11, 816, 973 35 With State Treasurer.............................. 202, 320 00 Bonds: In o ffic e ................................................... 22, 190, 298 27 600, 000 00 S tock s............................................................ Real estate owned....................................... 83, 788 66 Advances to trusts..................................... 1, 122, 916 84 Banking house ............................................ 3, 295, 901 67 Due from approved reserve agents.......... 3, 133, 348 00 Due from other banks and bankers____ 690, 197 01 38, 948 53 Cash ................ ; ........................................... Items in transit............................................ 294, 051 31 Accrued income receivable ( n e t )............. 796, 389 65 Capital stock paid in ................................ $3. 000, 000 00 Surplus fund ............................................ 7, 000, 000 00 Undivided profits ........................................ 3, 490, 309 68 Reserve for contingencies.......................... 500, 000 00 Trust deposits ............................................ 15, 005, 228 57 Certificates of deposit................................ 25, 040, 452 23 Accrued interest, taxes and expenses payable (net) ..................................... 457, 363 15 Total ................................................... $54, 493,353 63 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Total $54, 493, 353 63 100 STATE BA N K IN G D EPARTM ENT No. 9. THE DIME SAYINGS BAN K , DETROIT. Organized April 5, 1884. Corporate existence extended April 5, 1914. Twenty-four Branches. F red J. R o b in s o n , C h a irm a n of th e B oa rd . T . W . P . L iv i n g s t o n e , P r e s i d e n t ; G e or ge H . B a r b o u r , G eo r g e T . B r e e n , D a v id S C a r n e g ie Z ice P r e * t o e n t 8 ; D u n c a n W . D a k e r , V i c e P r e s i d e n t a n d C a s h i e r ; r r ? B ’J L o r i m e r , W . P . B r e e n , J o h n H . S t e i n , C l i f f o r d H . H y e t t , G e o r g e M . S c r i p p s , a A f . 7 , i S H E K ’ * b a n k , E L O B r ie n , A s s is ta n t C a s h ie r s : R o b e r t H . M o o re , C r ed it M a n a g e r : A . M a c L e n n a n , M n g r . F o r e ig n D e p t .; C h a s . E . G r a y , M n g r. o f B r a n ch es. D i r e c t o r s .— G e o r g e H B a r b o u r , R . H . W e b b e r , B e t h u n e D u ffie ld , H o r a t i o N . H o v e y , R H P y t e , H e n r y F o r d , S e a b o u r n R . L i v i n g s t o n e , F r e d J . R o b in s o n , W . H . L a ll e y , T . W . P w V1iur?it o n e ’ J u clson B r a d w a y , W . B . M a y o , W i l l a r d O h lig e r , L u c ia n S. M o o r e , J r ., W i ls o n YV . lYilllS. Statement October 3, 1928. Resources. Loans and discounts: Commercial ............................................ Sa™ gs ................................................... Real estate mortgages: Savings ............................................ Bonds and securities: Commercial ......... .................... ............... Savings ..................................................... Due from Federal Reserve bank: Commercial ............................................... Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Savings ..................................................... Exch. for C. H. and checks on banks in same place: Commercial .............................................. Total cash on hand: Commercial .............................................. Savings ..................................................... Overdrafts ..................................................... Banking houses ( n e t ) ............................. Furniture and fixtures ( n e t )................... Other real estate.......................................... Due from banks other than in reserve cities ........................................................ Customers’ bonds left with bank for safe keeping ..................................................... Outside checks, revenue stamps and other cash items .............. ~ ............................ Stock of Federal Reservebank............ .. Accrued interest, receivable(n e t)................ Customers’ acceptances and letters of credit ................................................... . .. Other assets ................................................ Total Liabilities. $ 9, m , 996 83 10, 716, 791 46 20, 028, 296 98 15, 230, 629 13 4, 375, 449 72 2, 327, 339 19 1, 112, 000 00 546, 382 70 853, 852 04 1, 778, 176 78 241. 500, 8, 1, 296, 310, 170, 244 000 727 829 790 840 51 00 31 95 82 62 $1, 500, 000 3, 000, 000 997, 168 7, 673 20, 240, 522 401, 000 240, 595 442, 372 1, 738, 206 369, 265 52, 758 205, 810 34, 303, 799 1, 829, 696 884, 842 3, 075, 000 00 00 45 50 67 00 88 93 76 86 36 00 78 63 50 00 114, 050 00 45. 216 80 349, 666 17 51 30 383, 588 19 114, 050 00 29, 598 29 135, 000 00 480, 114 63 45, 216 80 781 64 ................................................... $69, 797, 697 59 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Capital stock paid in ................................. Surplus f u n d ................................................. Undivided profits, net................................. Dividends u np aid.......................................... Commercial deposits subject to check. . Demand certificates of deposit................ Certified checks ............................................ Cashier’ s checks ......................... Due to other banks and bankers............ State moneys on deposit............................ Postal savings deposits.............................. U. S. government deposits....................... Savings deposits (book account).............. Savings certificates of deposit................... Club savings deposits................................... Bills payable ............................................... Customers’ bonds left with bank for safe keeping ..................................................... Customers' acceptances and letters of credit ........................................................ Accrued interest1 and expense payable (net) ........................................................ Other liabilities .......................................... Total ................................................... $ 6 9 ,7 9 7 ,6 9 7 59 STATE BAN K S OF M ICHIGAN 101 EQUITABLE TRUST COMPANY, DETROIT. Organized November 18, 1926. T hom as Neal, P r e s id e n t jjo n a ld E . L a w r e n c e , M gr. A e ic B u sin es s ; K ir k e A . N e a l , V i c e V i c e P r e s i d e n t s ; G eo. D e p t. P r es id e n t an d M . B l a c k , J r ., T rea su rer ; S e c r e ta r y ; B ernard E. H opper A l b e r t C D ic k s o n * D i r e c t o r s .— H e n r y L . B a r t o n , L e o M . B u t z e l, A r t h u r D . H o lm e s , B e r n a r d E . H o p p e r , N o r m a n M e g i n m t y , K ir k e A . N e a l, M ir o n W . N e a l, T h o m a s N e a l, F r e d e r i c B . S t e v e n s , J . F r a z e r W h it e h e a d , D o n a l d E . L a w r e n c e , W m . T . W a lk e r . Statement October 3, 1928. Resources. Liabilities. Collateral loans: Demand ...................................................... Loans on real estate mortgages: In o f fic e ................................................... With State Treasurer............................ Bonds: In office ................................................... Stocks ............................................................ Advances to trusts....................................... Furniture and fixtures................................ Due from approved reserve agents............ Cash ............................................................... Items In transit.......................................... Accrued interest and prepaid expense.. . Other assets ................................................. 381, 225 00 154, 505 00 275, 640 74 24, 970 00 412 33 6, 256 75 85, 796 45 25 00 221, 240 00 15, 261 02 4, 214 69 ................................................... CO Total $61, 935 00 481 98 Capital stock paid in. Surplus f u n d ................. Undivided profits......... Reserve for taxes, etc. Trust deposits ............ Certificates of deposit. Bills payable .............. $500, 155, 21, 15, 95, 148, 295, Total 000 000 662 954 334 230 300 00 00 80 64 19 35 00 $1, 231, 481 98 F ID E L IT Y TRUST CO., DETROIT. Organized July 19, 1923. L uth er D. T h o m a s, G eorge B . Y e r k e s , R ic h a r d P r e s id e n t; W . T h o m a s ,* S c o t t E . L a m b , Presi V ice P r e s id e n ts : L. E. F it t s , P aul W . E ato n , C h a s . W . L ee, A s s i s t a n t V i c e d e n ts ; T . S. C l a y t o n , V i c e P resid en t a n d M a n a g er B on d D e p a rtm e n t; J oseph A. B r a n d t , V i c e P r e s i d e n t a n d M a n a g e r M o r t g a g e D e p a r t m e n t ; R oy R . M cD a n e l d , T r e a s u r e r ; D . J. M il n e , F . L . D a y , A s s i s t a n t T r e a s u r e r s ; F reer W . A r m st r o n g , S e c r e t a r y ; N. D . B r a g g , F . J . F r e e m a n , C. W . H o r r , J r ., J o h n H . P a t r i c k ., T r u s t O f f i c e r s j P a u l F . M e i l i n k , C h a r l e s S. P i k e ^ D o n a l d W e b s t e r , A s s i s t a n t M a n a g e r s B o n d D e p a r t m e n t ; E a r l R . S c h e a f e r , A s s i s t a n t M a n a g e r M o r t g a g e D e p a r t m e n t ; C. B . P o w e l l , A u d i t o r . LU r e c t o r s . L u t h e r D . T h o m a s , G e o r g e B . Y e r k e s , A l b e r t B . L o w r ie , C r a m e r S m it h , C h a r le s L . R a y m o n d , F r e d W a r d e ll, C h a r le s W . B u r t o n , T h o m a s S. M e r r ill, W i ll ia m G . L e r c h e n , S c o t t E . L a m b , F r e e r W . A r m s t r o n g , R o y R . M c D a n e ld , M r s . A l f r e d G . W i ls o n , T h o m a s S. C l a y t o n , A . R . G la n c y , R i c h a r d W . T h o m a s , G il b e r t L . D a a n e , W i ll ia m P . H o ll i d a y . Statement October 3, 1928. Resources. Collateral loans: Time ................................................. Demand .......................................... Loans on real estate mortgages: In o ffic e .......................................... With State Treasurer................... Other loans .......................................... Bonds: In o ffic e ............................................ Stocks ................................................... Advances to trusts.............................. Furniture and fixtures....................... . Banking house ................................... Due from approved reserve agents. . Due from other banks and bankers Accrued income receivable (net) . . . Other assets ........................................ 2, 926, 859 100. 000 332, 885 28, 194 802, 854 488, 658 81, 000 137, 820 30, 037 C O o o https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 4, 872, 336 00 203, 705 00 90, 016 33 C O ........................................... $2, 308, 886 01 600, 000 00 ee- Total Liabilities. Capital stock paid i n . . . Surplus fund ..................... Undivided profits ............ Trust deposits ................ Certificates of deposit.. . Accrued interest, taxes payable (net) ........... $1, 000, 000 1, 000, 000 328, 649 5, 380, 515 5, 181, 664 and 00 00 05 39 45 expenses 112, 424 64 05 00 30 32 16 89 00 60 78 253 53 Total $13, 003, 253 53 102 STATE BANKING- D EPARTM ENT No. 5. GRISWOLD FIRST STATE B A N K OF DETROIT. Organized February 3, 1883. Corporate existence extended February 3, 1912. Seventeen Branches. G eorge H . K ir c h n e r , C h a ir m a n ; C r a m e r S m i t h , P r e s id e n t ; C h a r l e s A . K a n t e r , C h a r l e s A . K in n e y , S c o tt C a r p e n t e r . J u l iu s R u b in e r , M a rk , B . P e c k , H a r r y S. F in k e n s t a e d t , V ic e P r e s id e n ts j H . R . W il k e n , C a s h ie r j L eo J. C o l e m a n , W a l t e r P . J a c o b s , Sa m u e l A . C l a r k , S t a n l e y W . L a ir d , F r a n k W . S h e l t o n , A s s is t a n t C a sh ie r s j L . B . M a l l e r y , M a n a g er F o r e ig n D e p a r tm e n t; H e rb er t J. S t r a s l e r , A u d ito r . D i r e c t o r s .— J o h n A . B ry a n t, A . II. B u h l, G . W . C a rte r, H o r a c e J . C a u lk in s , A aron D e R o y , J o h n W . F i n k e n s t a e d t , A d o l p h F in s c e r w a ld , J o h n I I . F r e n c h , P a u l R . G r a y , P . H . G ren n an G e o r g e K . H e b b , W m . R . K a l e s , C h a r le s A . K a n t e r , C h a r le s A . K in n e y , G e o r g e H . K ir c h n e r , G e o r g e H . K le in , E d w a r d A . L o v e l e y , F . L . L o w r ie , H e r b e r t S . R e y n o ld s , A . A . S c h a n tz, C ra m e r S m ith , O s c a r W . S m it h , B . F . S tep h en so n , L u th e r D . T h om as, G e o r g e W . T r e n d le , C a r l B . T u t t l e , M . B . W h i t t le s e y , C . C . W i n n i n g h a m , L . A . Y o u n g , H a r r y S . F i n k e n s t a e d t . C h r i s t ia n H . H e c k e r , H a r r i n g t o n E . W a l k e r . Statement October 3, 1928. Resources. Leans and discounts: Commercial ............................................... $17, 3 0 6 ,1 0 9 Savings...................................................... 9, 115, 249 Real estate mortgages: 306, 827 Commercial .............................................. Savings ..................................................... 8, 322, 804 Bonds and securities: Commercial............................................... 4, 471, 918 Due from Federal Reserve bank: Commercial .............................................. 1, 766, 920 Savings ..................................................... 500, 000 Due from banks in reserve cities: Commercial ............................................. 2, 295, 347 Exch. for C. H. and checks on banks in same place: Commercial ............................................... 932, 668 Total cash on hand: Commercial ...................................... 7 7 9 ,5 9 6 Overdrafts ...................................................... 18, 722 Banking hou se............................................... 2, 329, 528 Furniture and fixtures.................... ........... 503, 686 Other real estate....... ................................ 40, 803 Due from banks other than in reserve cities ........................................................ 40, 360 Customers’ bonds left with bank for safe 1, 673, 550 keeping ..................................................... Outside checks, revenue stamps and other cash items................................................. 706, 657 Stock of Federal Reservebank.................... 225, 000 Accrued interest, reecivable (n e t)............... 16, 716 Customers’ acceptances and letters of credit ........................................................ 78, 723 Other assets .................................. 41, 797 Total Liabilities. 93 70 40 96 41 05 00 76 61 21 51 85 01 81 000 000 030 455 094 540 184 496 000 848 915 446 159 000 00 00 10 99 78 16 24 70 00 73 56 25 00 00 550 00 723 00 326 13 218 44 16 00 88 00 16 00 67 ...................................................$51, 472, 989 08 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Capital stock paid in .............................. $5, 000, Surplus f u n d ................................................. 2, 500, Undivided profits, net................................. 145, Commercial deposits subject to check.. 16, 363, Demand certificates of deposit.................. 426, Certified checks .......................................... 374, Cashier’s checks .......................................... 543, Due to other banks and bankers............ 3, 241, 200, State moneys on deposit............................ Postal savings deposits.............................. 21, Savings deposits (book account)............ 15, 042, 827, Savings certificatesof deposit...................... Club savings deposits............... 483, Bills payable .............................................. 4, 378, Customers’ bonds left with bank for safe keeping ..................................................... 1, 673, Customers’ acceptances and letters of credit ....................................................... 78, Accrued interest and expense payable (net) ........................................................ 131, Other liabilities .......................................... 42, Total ....................... ........................... $51, 4 7 2 ,9 8 9 08 STATE BAN K S OF M ICHIGAN 10 3 No. 741. G U ARAN TY STATE BA N K , DETROIT. Organized June 16, 1927. F r a n k G . S m it h , P r e s id e n t; C h a r l e s M cM ic h a e l , C a s h ie r ; C h a r l e s W ag a r , A ss is ta n t C a s h i e r ; M icr n ie K . J e r o m e , A u d i t o r . D i r e c t o r s .— F r a n k H . B e s s e n g e r , C h a r le s T . B u s h , W i l l i a m V . B u t le r , J a m e s P . C u m m is k e y , H a r o l d H . E m m o n s , L e w i s G . G o r t o n , C la u d e M . H a r m o n , R e x H u m p h r e y , W . M a g r u d e r J o n e s , A d a m W . L in d , E d w a r d A . L o v e l e y , G . A l l a n M c K a i g , H a r o l d R . M a r t i n , A x e l E . M ic h e ls o n , A l a n s o n A . M o o r e , B e n j a m i n F . M o r t e n s o n , F r a n k C . N a l l, E d m u n d T . P a t e r s o n , S a m u e l J . P a t t e r s o n , W a l t e r C . P ip e r , C o n r a d H . S m it h , F r a n k G . S m i t h , V i n e L a R u e S m i t h , W m . D . T h o m p s o n , E l v e r L . R ic e , H . W . F a u v e r , E d g a r R . A i l e s , J o h n H . T ig c h o n , J o h n I . T u r n b u ll, R a lp h B u r t o n . Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial.............................................. $3, 697, 871 38 Real estate mortgages: Commercial .............................................. 390, 949 50 Bonds and securities: Commercial .............................................. 299, 901 00 Savings ..................................................... 199, 500 00 Due from banks in reserve cities: Commercial .............................................. 264, 057 32 Savings ..................................................... 64, 162 75 Total cash on hand: Commercial ............................................... 2 5 ,^ 9 7 91 Savings ..................................................... 2, 040 61 Overdrafts ..................................................... 6 55 Furniture and fixtures................................. 4, 191 80 Due from banks other than in reserve cities ........................................................ 16, 522 27 Outside checks, revenue stamps and other cash ite m s ................................................. 122, 303 39 Accrued interest, receivable (n e t )......... 7, 995 54 Other assets ................................................. 34, 319 90 Capital stock paid in ................................. $2, 000, 000 00 Surplus fu n d ................................................. 1, 000, 000 00 Undivided profits, net................................. 61, 906 04 Reserved for taxes, interest, depreciation, etc................................................................ 36, 672 62 Commercial deposits subject to check.. 1, 447, 600 72 Certified checks ............................................ 12, 457 15 Cashier’s checks ........................................ 94, 727 22 State moneys on deposit.................. 200, 000 00 Savings deposits (book account).............. 221, 843 36 Savings certificates of deposit................ 52, 850 00 Customers’ acceptances and letters of credit ........................................................ 1, 762 81 Total ................................................... $5, 129, 819 92 Total ................................................... ' $5, 129, 819 92 GUARANTY TRUST COM PANY OF DETROIT, DETROIT. Organized March 28, 1916. F r a n k G . S m i t h , P r e s id e n t ; G . A l l a n M cK a ig , V ic e P r e s id e n t, S e c r e ta r y -T r e a s u r e r ; W a l t e r A . S t e l l b e r g e r , A r t h u r W a l t o n , V ic e P r e s id e n t s ; L o u i s F . D a h l in g , V ic e P r e s id e n t and T r u s t O ffic e r ; S t u a r t J. S n y d e r , A s s is t a n t T r e a s u r e r ; E d w a r d H . W y a t t , A s s is t a n t S e c r e t a r y ; C . B r a d f o r d I-Ii t t , A s s i s t a n t T r u s t O f f i c e r ; M . R . J e r o m e , A u d i t o r . D i r e c t o r s .— F r a n k G . S m it h , F r a n k H . B e s s e n g e r , C la r e n c e M . B u r t o n , C h a r le s T . B u s h , W i l l i a m V . B u t le r , H a r o l d H . E m m o n s , L e w is G . G o r t o n , C la u d e M . H a r m o n , A d a m W . L in d , E d w a r d A .- L o v e le y , H a r o l d R . M a r t i n , A x e l E . M ic h e ls o n , A l a n s o n A . M o o r e , B e n j a m i n F . M o r t e n s o n , F r a n k C . N a l l, S a m u e l J . P a t t e r s o n , W a l t e r C . P ip e r , C o n r a d H . S m i t h , V i n e L a R u e S m it h , J o h n H . T ig c h o n , J o h n I . T u r n b u l l, G . A l l e n M c K a i g , J a m e s P . C u m m is k e y , F r a n k W . K a n t e r , C h a r le s G a u s s , F r a n k C . T e a l , R e x H u m p h r e y , E d m u n d T . P a t e r s o n . Statement October 3, 1928. Liabilities. Resources. Collateral loans: Time .......................................................... $578, 549 88 Dem and..................................................... 50, 857 41 Loans on real estate mortgages: In office ................................................. 15, 823, 539 35 With State Treasurer.............................. 205, 000 00 Stocks ............................................................ 25, 000 00 Real estate owned........................................ 142, 745 07 Other investments ..................................... 512, 742 91 Advances to trusts........................................ 86, 510 80 Furniture and fixtures.............................. 40, 440 94 Due from approved reserve agents............ 363, 978 88 Due from other banks and bankers......... 107, 251 49 Outside checks and cash items................ 34, 804 44 Cash ............................................................... 5, 168 94 Items in transit.......................................... 41, 316 36 Certificates of deposit................................... 70, 000 00 Accrued interest and prepaid expense.. . 61, 144 77 Securities for safe keeping..................... 1, 214, 150 00 Other assets ................................................. 86, 566 50 Total ................................................... $19, 449, 767 74 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Capital stock paid in ......... Surplus f u n d ....................... Undivided profits .............. Deferred profits .............. . Reserve for taxes, etc. ., Corporate agency deposits, Trust deposits ..................... Certificates of deposit.. . . Real estate bond sales. . . Bills payable .................... Securities for safekeeping. Accrued interest .............. Total $750, 500, 267, 47, 25, 426, 568, 1 , 072, 14, 386, 175, 1 , 214, 16, 000 000 400 867 017 803 424 235 300 000 150 569 00 00 98 86 00 49 02 14 00 00 00 25 $19, 449, 767 74 104 STATE B A N K IN G DEPARTM EN T No. 738. GUARDIAN DETROIT BANK , DETROIT. Organized April 29, 1927. F red T . M u r p h y , C h a irm a n o f th e B o a r d . ° r d , P r e s id e n ts E r n e s t K a n z l e r , J a m e s L. W a l s h , J o h n P r e s i d e n t s , C. A S h e p a r d s o n , V ic e P r e s id e n t a n d C a s h i e r ; J o h n C a s h ie r ; A r t h u r H . V o g t , C o m p tr o lle r . R obert 0 . l C. G r ie r , J r V ic e B. D ew A ssista n t ’ B o n b r ig h t , H o w a r d E . C offin , G e o r g e K. C o o k e , E d s e l B F o r d , J o h n C . G r ie r , J r ., S h e r w in A . H i l l , R o s c o e B . J a c k s o n A lb e r t K a h n , E r n e s t K a n z l e r , J e r o m e E . J . K e a n e , R o b e r t O . L o r d , A l v a n M a c a u le y , W L edyard M i t c h e B F r e d 1 . M u r p h y , P h e l p s N e w b e r r y , W m . R o b e r t W i ls o n , C la r k s o n C . W o r m e r J r C h a r le s W r i g h t , J r ., N o r m a n H . F . M c L e o d , J a m e s L . W a l s h . ’ ’’ B o °Tt h ’ B o w a r .d Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial.............................................. $28, 812, 359 32 Bends and securities: Commercial .............................................. 11, 832, 787 08 Due from Federal Reserve bank: Commercial ............................................. 3, 092, 173 78 Due from banks in reserve cities: Commercial ..................... ......................... 1, 950, 746 20 Savings ..................................................... 280, 000 00 U. S. Eds. and Cert, of Ind. as legal reserve: Savings dept, only................................... 260, 000 00 Exch. for C. H. and checks on banks in same place: 860, 452 63 Commercial .............................................. Total cash on hand: Commercial .............................................. 154, 692 19 Overdrafts ..................................................... 271 48 Furniture and fixtures................................ 181, 027 90 Due from banks other than in reserve cities ........................................................ 173, 171 72 Outside checks, revenue stamps and other cash ite m s ................................................. 176, 824 90 Stock of Federal Reservebank................. 240,' 000 00 Accrued interest, receivable (n e t).............. 157, 199 60 Customers’ acceptances and letters of credit ........................................................ 200, 708 39 Capital stock paid in ................................... $ 5, 000, 000 00 Surplus fund .............................................. 3, 000, 000 00 Undivided profits, net................................. 294, 882 16 Reserved for taxes, interest, depreciation, etc................................................................ 214 924 52 Commercial deposits subject to ch e ck ... 26, 804,’ 437 77 Certified checks .......................................... 32, 934 14 Cashier’ s checks .......................................... 105, 151 46 Due to other banks and bankers............ 4, 126’ 347 18 300, 000 00 State moneys on deposit............................ U. S. government deposits....................... 240, 110 00 Time commercial certificates of deposit. 4, 648, 925 08 Savings deposits (book account)............. 533, 238 74 Bills payable .............................................. 2, 700, 000 00 Customers’ acceptances and letters of 200, 708 39 credit ....................................................... Accrued interest and expense payable (net) ....................................................... 1 60 ,803 50 9, 952 25 Other liabilities .............. ........................... Total ................................................... $48, 372, 415 19 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Total ................................................... $48, 372, 415 19 STATE BANK S OF M ICHIGAN 105 GUARDIAN TRUST COMPANY, DETROIT. Organized December I, 1924. H e n r y E . B o d m a n , C h a irm a n o f th e B o a r d . R o b e r t O. L o r d , P r e s i d e n t ; L e w i s K . W a l k e r , V i c e P r e s i d e n t a n d S e c r e t a r y , J o h n C. G r i e r , j ’- * N e w b e r r y , A n d r e w L . M a l o .t t , V i c e P r e s i d e n t s ; A n d r e w D . H o t c h k i s s , A s s i s t a n t V i c e I r e s i d e n t ; R u d o l p h E . H o f e l i c h , T r u s t O ffic e r ; A . B . P f l e i d e r e r , A s s i s t a n t T r u s t O ffic e r ; A . A . F . M a x w e l l , E r n e s t C . H a r r i s , L o u i s ,T. R o n d e r , J o h n L . C o t t e r , C h a s . B . M a r k s , A s s i s t a n t S e c r e t a r ie s ; A r t h u r H . V o g t , C o m p tr o lle r . D iR E C TO R S.— W i n . R o b t . W i l s o n , F o r d B a ll a n t y n e , H e n r y E . B o d m a n , L a w r e n c e D . B u h l , R o y D . C h a p in , i r a n k C o u z e n s , F r e d J . F i s h e r , E d s e l B . F o r d , L u m a n W . G o o d e n o u g h , J o h n C . G r ie r , J r E d w a rd p H a m m o n d , C a r lt o n M . H ig b e e , H a r l e y G . H ig b e e , S h e r w in A . H i l l , E r n e s t K a n z l e r , J e r o m e E . J . K e a n e , A l v i n M a c a u l e y , L o u i s M e n d e ls s o h n , C . H a y w a r d M u r p h y , J a m e s R . M u r r a y , P h e l p s N e w b e r r y , W a l t e r S . R u s s e l, A l g e r S h e ld e n , A l l a n feh eld en , L u t h e r S . T r o w b r id g e , C h a r le s B . V a n D u s e n , H ir a m H . W a l k e r , L e w i s K . W a l k e r , C la r k s o n C W o r m e r , J r ., .Tud son B r a d w a y , G e o r g e R . C o o k e , H o w a r d B o n b r i g h t , W L e d y a r d M itc h e ll, R ob ert O. L o rd . Statement October 3, 1928. Resources. Liabilities. Collateral loans: T im e .......................................................... $ 1, 819, 289 89 Demand ................................................... 8, 003, 875 69 Loans on real estate mortgages: In office ................................................. 5, 514, 685 11 With State Treasurer.............................. 222, 625 50 Bonds: In o ffic e ................................................... 1, 342, 716 50 Advances to trusts....................................... 269, 038 07 52, 615 32 Safe deposit vaults..................................... Furniture and fixtures................................. 1 2 9 ,1 1 2 35 Due from approved reserve agents.......... 937, 215 04 Due from other banks and bankers......... 25, 368 59 Cash ............................................................... 2, 586 92 Certificates of deposit................................... 50, 000 00 Accrued interest and prepaid expense... 172, 724 58 Other assets ................................................. 2, 692 51 Capital stock paid in ................................. $1, 000, 000 00 Surplus fund .............................................. 1, 000, 000 00 Undivided profits (less expenses, interest and taxes p aid)........................................ 470, 556 60 Reserve for taxes, etc................................ 130, 986 87 Corporate agency deposits.......................... 6, 546, 154 86 Trust deposits .............................................. 191, 774 04 Certificates of deposit................................ 9, 142, 537 67 Accrued interest .......................................... 62, 536 03 Total ...................................................$18, 544, 546 07 Total $18, 544, 546 07 IN D U STRIAL MORRIS P L A N BANK , DETROIT. Organized August 14, 1917. E ugene W . L e w is , P r e s id e n t: F r a n k W . H u bbard, G . F. T u r n b u l l , Sa m u e l C. M u m fo rd , C h a r l e s T . B u s h , V ic e P r e s id e n t s ; A . G . R o p p , T r e a su r e r j C . L . R u gg, S e c r e t a r y ; H a r r y H a a s , W . R . M cL e a n , J o h n M . S t ir l in g , A ss is ta n t T r e a s u r e r s ; J. B . R ic h a r d s o n , H . S. M c Q u e e n , A s s is ta n t S e c r e ta r ie s j E d w a r d A . T a u b , C o m p tr o lle r j W . K . M a c k a y , S u p e r v is o r o f B ra n ch es. D i r e c t o r s .— E . R . A i l e s , W m . C . A l l e e , C h a r le s T . B u s h , L e o M . B u t z e l , H u g h C h a lm e r s , H . L . C h it t e n d e n , P r a n k C o d y , H o w a r d E . C offin , H a r r y S . C o v in g t o n , W a l t e r L . D u n h a m , H a r o l d H . E m m o n s , J o s . G . H a m b l e n , J r ., F r a n k W . H u b b a r d , R ic h a r d H a r f s t , J . F . H a r t z , L o u is K a m p e r , J ero m e E . J. K e a n e , W illia m J. K e n n e d y , J u lia n H . K r o l ik , E u g e n e W . L e w i s , A r t h u r J . M o r r i s , S a m u e l C . M u m f o r d , F r a n k E . P r ic e , M a s o n P . R um ney, J o h n N . S t a lk e r , W a lte r F . T a n t, G . F . T u r n b u l l, J o h n R . W a lk e r , W illia m M . W a lk e r , J a m e s T . W h ite h e a d . Statement October 3, 1928. Liabilities. Resources. Loans, viz.: Notes receivable, industrial plan. . . .$12, 207, 272 Notes receivable, other.......................... 182, 405 Trade acceptances................................... 1, 100, 963 Bonds and other investments..................... 4, 178, 061 Real estate mortgages................................. 344, 535 Accrued interest on bonds.......................... 2 5 ,1 5 9 Due from banks.......................................... 755, 737 Cash on hand.............................................. .244, 140 Funds advanced on new building lease.. 67, 704 Furniture and fixtures................................. 128, 464 Total 83 30 15 91 87 30 63 88 40 02 ................................................... $19, 234, 445 29 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Capital stock paid in ................................ $500, 000 Surplus fund .............................................. 600, 000 Undivided profits, earned............................ 403, 377 Reserve for taxes, interest, etc.............. 431, 038 Discount collected unearned..................... 4 2 4 ,1 3 6 Payments on installment certificates: Hypothecated .......................................... 5, 621, 823 Unhypothecated ..................................... 10, 094, 515 Investment certificates outstanding......... 1, 152, 164 Collections ................................................... 7, 388 Total 00 00 72 20 00 75 85 83 94 ................................................... $19, 234, 445 29 106 STATE BA N K IN G D EPARTM ENT »M ETRO PO LITAN IN D U STRIA L BANK!, DETROIT. Organized March 23, 1928. H e r b e r t A . T h o m p s o n , P r e s i d e n t ; E d w . C. F r a n k ., F o rd , V i c e P r e s i d e n t ; E d it h M ae C u m m i n s , V i c e T r e a s u r e r ; A n n a M. B oug , C a s h i e r ; C la r e R e t a n , D ir e c t o r s .— H e r b e r t A. T h om p son , W illia m A n d r e w J . B r o d ie , A s sista n t P r es id e n t C o u n s e l. to th e P r e s id e n t; W il l i a m an d S e creta ry ; W m . F ord , F o rd , E d ith M ae J o h n J . D o n n e lly . C u m m in g s , C la r e R e ta n , Statement October 3, 1928. Resources. Liabilities. Loans, viz.: Notes receivable, industrial plan.......... Notes receivable, other............................ Real estate mortgage bonds....................... Miscellaneous bonds ................................... Due from banks in reserve cities............ Cash on hand.............................................. Stock subscriptions receivable................... Expense, interest and taxes paid, exceeding earnings ............................................ Furniture and fixtures................................. Total ................................................... $38, 1, 5, 5, 43, 109 218 000 000 571 306 34, 480 88 00 00 00 $ 100, 000 00 20, 000 00 2, 407 43 Capital stock paid in .............................. Surplus fund .............................................. Discount collected unearned................... Payments on installment certificates: Hypothecated .......................................... 324 50 24 75 8, 142 66 00 • 1, 924 70 1, 264 02 $130, 874 59 ♦ C o m m e n c e d b u s in e s s S e p t e m b e r 1 0 , Total $130, 874 59 ................................................. 1928. M ICHIGAN IN D U STRIAL BAN K , DETROIT. Organized September 24, 1926. A llan A . T em pleto n , P r e s i d e n t ; A . E . B ette le y , A s s i s t a n t t o P r e s i d e n Y e r k e s , A n t h o n y B odde , V i c e P r e s i d e n t s ; C . S . F i t z p a t r i c k , V i c e P r e s i d e n t H ar old L. "Wa d s w o r t h , T r e a s u r e r ; S . P. K in g , A s s i s t a n t S e c r e t a r y . t; an d G eorge B. S e c r e ta r y ; D ir e c t o r s .— H a r o l d L . W a d s w o r t h , W i l l i a m A . W h e e le r , G e o r g e B . Y e r k e s , T . F . D a i g le , A n t h o n y B o d d e , F r a n k C . C o o k , T . F r e d L e e , C la r e n c e W . D ic k e r s o n , J o h n H . F r e n c h , F. J . H a y n e s , C a r l E . H u y e t t e , W m . B . L o w e , A l b e r t B . L o w r ie , F r e d J . M c D o n a ld , A . E. N o b le , F r a n k G . M a n n , G e o r g e K . M a r c h , J o h n M . M c K e r c lie y , B . F . M o r t e n s o n , M . E . O ’ B r ie n , A . J . P e o p le s , J . A . P i p , A . A . S c h a n t z , S . V . T a y l o r , J . M . T e a h e n , A . A. T e m p le t o n , W m . R . K a l e s . Statement October 3, 1928. Liabilities. Resources. Loans, viz.: Notes receivable, industrial p la n .. . . $ 1 ,3 0 3 ,5 7 5 14 Notes receivable, other.......................... 521, 052 56 Due from banks in reserve cities............ 71, 586 02 Cash on hand................................................ 510 17 Furniture and fixtures.............................. 10, 599 68 Claims, judgments, etc.............................. 49686 Total ................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $1, 907, 821 33 Capital stock paid in ................................. Surplus fund .............................................. Undivided profits, earned............................ Reserve for taxes, interest, etc............... Discount collected unearned....................... Payments on installment certificates: Hypothecated............................................ Unhypothecated ..................................... Investment certificates outstanding.......... Notes and bills payable.............................. Total $498, 124, 21, 16, 35, 650, 30, 129, 400, 650 00 662 50 090 79 668 55 434 15 853 860 602 000 00 06 28 00 ................... ................................ $1, 907, 821 33 STATE BAN K S OF M ICHIGAN 107 No. 579. M ICHIGAN STATE B A N K OF DETROIT, DETROIT. Organized April 18, 1916. Five Branches. F rank S c h m id t , V ice P r e s id e n t; P r es id e n t an d St a n l e y C a sh ier j D ir e c t o r s .— F r a n k S t a n le y C. S c h m id t , F r a n k K r u s z e w s k i, V e r n o n C. K r u s z e w s k i , V i c e P J ohn A. Gr u p c z y n s k i, r es id e n t; A s sista n t W. J. Sch echter, C a sh ier . A. S c h m id t , J r ., J o h n L u k a s z e w ic z , J o s e p h W itk o w s k i, John J a g lo w i c z , A r th u r A. O ls c h e f s k y , K o sc in sk i. Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial .............................................. $321, 977 12 Savings ..................................................... 759, 145 70 Real estate mortgages: Commercial ............................................... 38, 985 05 Savings...................................................... 1, 433, 271 42 Bonds and securities: Savings ................................................... 257, 137 33 Due from banks in reserve cities: Commercial ............................................... 89, 841 28 Savings ..................................................... 260, 681 67 U. S. Bds. and Cert, of Ind. as legal reserve: 5 ,9 5 0 00 Savings dept, only............................ Total cash on hand: Savings ..................................................... 125, 533 33 Overdrafts ..................................................... 2, 740 51 Banking house ............................................ 150, 000 00 Furniture and fixtures................................. 28, 511 69 Due from banks other than in reserve cities ........................................................ 1, 217 12 Customers’ bonds left with bank for safe 3, 250 00 keeping ..................................................... Accrued interest, receivable (n e t)............ 30 00 Other assets................................................... 10 75 Total ................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $3, 478, 282 97 Capital stock paid in ................................. $250, 000 Surplus fund ............................................... 50, 000 Undivided profits, net................................. 30, 282 Dividends unpaid ........................................ 12 Reserved for taxes, interest, depreciation, 16, 038 etc................................................................ Commercial deposits subject to ch e ck ... 3 3 4 ,8 9 6 Demand certificates ofdeposit.................... 5, 444 Certified ch eck s............................................ 4, 179 Cashier’s checks .......................................... 17, 931 20, 000 State moneys on deposit............................ Savings deposits (book account).............. 2, 295, 134 Savings certificates of deposit................... 420, 930 3 0 ,1 7 6 Club savings deposits................................ Customers’ bonds left with bank for safe keeping ..................................................... 3, 250 Other liabilities ..................................... 5 Total ................................................... 00 00 98 00 58 29 96 93 46 00 69 58 50 00 00 $3, 478, 282 97 108 STATE BA N K IN G DEPARTM ENT No. 563. THE NORTHW ESTERN STATE BAN K , DETROIT. Organized April 14, 1915. Two Branches. W ALL ^ A ^ 'H M ^ TIM ^ t^ T vn ^ rtSidT ^ i ; M ahtÌ ! * » Ä ?• V u ì n o e , P ete e Ä “ “ “ e N S i o n a ï l e f 'ï l Î Â " S 1 Ä P k och ask a, V ice P r e s id e n ts ; . ? ” ™ ' » » * » V tooe Statement October 3, 1928. Resources. Loans and discounts: Commercial .............................................. Savings .............................. . ! ! i ! ! ! ! ! ! Real estate mortgages: Savings..................................................... Bonds and securities: Commercial ............................................... Savings ..................................... ! ! ! ! ! ! ! Due from banks in reserve cities: Commercial .............................................. Savings ..................................... U. S. Bds. and Cert, of ind.' as' legal reserve: Savings dept, only................................... Total cash on hand: Commercial .............................................. Savings ..................................... ! ! ! ' . ! ! ! Overdrafts .......................................... Banking hou se............................................... Furniture and fixtures.............. Other real estate........................... Customers’ bonds left with bank for safe keeping ...................................................... Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $199, 046 78 138, 172 45 1, 122, 823 11 65, 877 07 351, 754 92 60, 339 36 822 72 180, 660 92 Capital stock paid in ................................. Surplus fund ................................. Undivided profits, net................................... Dividends unpaid .......................... Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject to check..' Demand certificates of deposit................... Certified checks ............................................ Cashier’s checks ................................. Savings deposits (book account).............. Savings Certificates of deposit................... Club savings deposits................................... Customers’ bonds left with bank for safe keeping ..................................................... 36, 477 03 5, 000 00 12 90 12, 218 63 11, 655 70 2, 302 31 $25, 000 00 40, 000 00 11, 855 47 520 00 23, 054 98 273, 071 75 5, 000 00 484 87 31, 997 69 1, 698, 180 84 25, 190 50 52, 807 80 4, 850 00 4, 850 00 $2, 192, 013 90 Total $2, 192, 013 90 STATE BAN K S OP M ICHIGAN 109 No. 15. PEN IN SU LAR STATE BANK, DETROIT. Organized August 27, 1887. Corporate existence extended August 27, 1917. Thirty Branches H. E . J . H ic k .e y , C h a i r m a n o f th e B oa rd . L . C h it t e n d e n , P r e s i d e n t ; H en ry A . H a ig h , H . M o x o n , W . J . N e s b it t E . J. O be n d or fe r , B. I I . J o h n s o n . J o h n I ) . S u l l iv a n , I I . W . B u l k l e y , V i c e P r e s i d e n t s * M il t o n S. W e b b , V i c e P r e s i d e n t a n d C a s h i e r ; F . F . F l e m in g , J . P . A r t h u r , H M e tc a lf '’ L . E . W ag g o n e r , L. H . R a t z , A s s i s t a n t C a s h i e r s j H . B. S t e a d , A u d i t o r . D ir e c t o r s . — W . M . D il l o n , E . J . H ic k e y , W . M . M a c L a c l i la n . H e n r y A . H a i g h , E . O . K r e n t l e r F r a n k W . H u b b a r d , E d w a r d P . H a m m o n d , W . H . K ir n , W m . M . W a lk e r , H . L C h itte n d e n ’ H a r r y M o x o n , J u li u s P o r a t li, P e t e r J . M o n a g h a n , H e r b e r t B . T r i x , G e o . W D renn an’ Statement October 3, 1928. Resources. Loans and discounts: Commercial ............................................... $11, 138, 519 Savings............................................ 7, 843, 526 Real estate mortgages: Savings ...................................................... 18, 288, 832 Bonds and securities: Commercial ..................................... 4, 805, 125 2, 725, 402 Savings ................................................... Due from Federal Reserve bank: Commercial . . ; ..................................... 1 ,6 1 6 ,7 9 5 Savings ............................................ 930, 000 Due from banks in reserve cities: Commercial............................................... 2, 215, 608 Exch. for C. H. and checks on banks in same place: 373, 297 Commercial .............................................. Savings ..................................................... 598, 171 Total cash on hand: Commercial ............................................... 349, 689 Savings .................................................. 836, 180 Overdrafts ................................................... 5, 713 Banking houses and lots........................... 2, 172, 000 Furniture and fixtures................................. 194, 259 Other real estate.......................................... 59, 006 Due from banks other than In reserve cities ........................................................ 22, 326 Outside checks, revenue stamps and other cash items ........................................... 721, 143 Stock of Federal Reserve bank................... 132, 000 24, 000 Accrued interest, receivable (n e t).......... Customers’ acceptances and letters of credit ........................................................ 45, 085 Total Liabilities. 35 06 35 34 19 82 00 99 27 14 18 06 40 00 86 67 14 93 00 00 00 ................................................... $55, 096, 682 75 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Capital stock paid in .................................. $2, 500, 000 00 Surplus fund .............................................. 1, 900, 000 00 Undivided profits, net................................. 436, 565 09 Dividends unpaid.......................................... 29, 070 00 Reserved for taxes, interest, depreciation, 454, 890 87 etc........................... .................................... Commercial deposits subject to check. . . 15, 496, 370 27 455 98 Demand certificates of deposit................ Certified ch eck s............................................ 165, 262 89 Cashier’ s checks ................................... 4 0 3 ,7 2 0 10 1, 674, 407 27 Due to other banks and bankers............ State moneys on deposit.............................. 50, 000 00 U. S. government deposits....................... 61, 750 00 Savings deposits (bookaccount)................ 29, 508, 047 38 Savings certificates of deposit.................... 1, 371, 057 90 1, 000, 000 00 Bills payable .............................................. Customers’ acceptances and letters of credit ................................................. 45, 085 00 Total ................................................... $55, 096, 682 75 110 STATE BA N K IN G D EPARTM ENT No. 574. PE O P L E 'S STATE B A N K OF BEDFORD, DETROIT. Organized January 21, 1916. L e w i s N. L. T u v r m i, 1 ell, A s sista n t J. D. J. G. J u d so n , C h a i r m a n o f B o a r d . P r e s id e n t; A l r e r t L. A. D a v id , T h o s . S h e r w o o d , R oy H . B u r g e s s , S H aw th orn e, V i c e P r e s i d e n t s ; J. H . M eeh an, C a s h i e r ; R . H R ussell C a sh ier . * D ir e c t o r s .— L e w is N. T u p p e r , E m m e r C o le m a n , J . G. J u d s o n , E d w a r d F . M o n n ie r , R o y H B u r g e ss, A lb e r t L . A . D a v id , T h o s . S h erw o o d , S . L . P e ll , J a m e s C o o le y , J . L o u i s H in k l e . Statement October 3, 1928. Besources. Loans and discounts: Commercial .............................................. Savings ................................................... Beal estate mortgages: Savings ..................................................... Bonds and securities: Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Savings ................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Exch. for C. H. and checks on banks in same place: Commercial ............................................... Total cash on hand: Commercial ............................................... Overdrafts ...................................................... Banking house ............................................ Furniture and fixtures................................ Other real estate..........'............................... Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $515, 717 82 865, 879 69 778, 716 18 289, 168 69 44, 269 25 67, 595 52 139, 225 00 Capital stock paid in ................................. Surplus f u n d ................................................. Undivided profits, net................................. Dividends unpaid ....................................... Beserved for taxes, interest, depreciation, etc. ................................................... Commercial deposits subject to c h e c k ... Demand certificates of deposit..................... Certified checks ............................................ Cashier’s checks .......................................... Savings deposits (book account)............ Club savings deposits................................... $100, 000 00 100, 000 00 72, 113 10 22 00 27, 129 5 1 2 ,9 7 0 104, 604 13, 902 20, 779 1, 926, 786 31, 910 88 81 86 88 19 67 25 623 03 48, 1, 61, 23, 74, 504 223 900 058 338 99 03 00 06 38 $2, 910, 219 64 Total $2, 910, 219 64 111 STATE BAN K S OF M ICHIGAN No. 750. ^PEOPLES W AY N E COUNTY BA N K , DETROIT. Organized February 4, 1928. Ninety-two Branches. J u l iu s H . H a a s , P r e s i d e n t ; J o h n R . B odde , G eorge W il e y , E d w in J. E c k e r t , R. T . C u d m o r e , A r t h u r E . L o c h , A . H . M o ody , D o n ald N. S w e e n y , C h a r l e s H . A y e r s , R u p e r t P l e t s c h , G eorge H . J o h n s t o n e , E. R. L e w r i g h t , G eorge A . B u r n s , G eorge C. J o h n sto n , G eorge P. B u h r e ii , V i c e P r e s i d e n t s ; D . E . L u e t y , C a s h i e r ; W il l i a m B r a a s c h , G . W . B e a s l e y , J o h n W . S c h m i t t , C . C . B o ga n , C h a s . H . N o r t h r o p , L eo D . H e a p h y , E. M. E rlic n ba ch , J o h n H . R o o k s , E d w a r d F. S p i t z e r , H u g h M c C l e l e n d , J r ., J a y W . S c h o c h , H er b e r t W . B o y e s , A n d re w O. Z i n k , J o s e p h E . T o t t e n , F red T . C o u g h l in , E a r l J. F a il o r , A s s i s t a n t C a s h i e r s ; G eorge J. P ip p e r , A u d i t o r ; G eorge T . Co u rtn ey, A s s i s t a n t A u d i t o r ; C h ar les I . N o rm an , R ay H . M u rray, B o n d O f f i c e r s ; R . P. F r a s e r , M a n a g e r F o r e i g n B a n k i n g D e p a r t m e n t . D ir e c t o r s .— A . A . A lb r e c h t , F r e d e r ic k M . A lg e r , G eorge H . B a rb o u r, W illia m T . B a rb o u r, J o h n R . B o d d e , J u lia n P . B o w e n , E d m o n d D . B r o n n e r , C la r e n c e M . B u r t o n , C h a r le s F . C o llin s , F r a n k H . C r o u l, J o h n M . D o n a ld s o n , F r e d J . F i s h e r , W i l l i a m S. G r e e n , J u liu s H . H a a s , F r e d W . H o d g e s , J a m e s S . H o ld e n , J . C . H u t c h i n s , H e n r y L e d y a r d , J o h n A . M e r c ie r , F r e d T . M o r a n , W . H o w ie M u ir , J a m e s O . M u r f in , F r e d T . M u r p h y , M . J . M u r p h y . T r u m a n H . N e w b e r r y , U . G r a n t R a c e , W a l t e r S . R u s s e l, W e s s o n S e y b u r n , A n g u s S m it h , O r la B . T a y l o r , H i r a m H . W a l k e r , O s c a r W e b b e r , G e o r g e W i l e y . Statement October 3, 1928. Liabilities. Resources. Loans and discounts: Commercial .............................................. $ 4 8 ,7 9 9 ,5 1 8 Savings ................................................... 45, 263, 333 Real estate mortgages: Savings ................................................... 1 0 2 ,8 2 1 , 547 Bonds and securities: Commercial .............................................. 58, 462 441 Savings ..................................................... 9, 494, 871 Due from Federal Reserve bank: Commercial ............................................ 13, 746, 801 Savings..................................................... 4, 900, 000 Due from banks in reserve cities: Commercial ............................................ 4, 145, 077 Exch. for C. H. and checks on banks in same place : Commercial .............................................. 8, 908, 892 Total cash on hand: Commercial ............................................ 3, 267, 381 Savings ..................................................... 700, 000 Overdrafts ..................................................... 34, 514 Banking houses ........................................... 7, 235, 230 Other real estate.......................................... 171, 271 Due from banks other than in reserve cities ........................................................ 1, 383, 796 Stock of Federal Reserve bank.............. 990, 000 Customers’ acceptances and letters of credit ........................................................ 2, 792, 556 Total 11 79 25 22 88 23 00 19 70 Capital stock paid in ................................ $ 1 1 ,0 0 0 ,0 0 0 Surplus fund .............................................. 22, 000, 000 Undivided profits, net................................. 4, 778, 579 Dividends unpaid ........................................ 36, 660 Commercial deposits subject to c h e c k ... 8 6 ,3 1 5 ,5 0 0 Time certificates of deposit..................... 236, 352 Certified checks .......................................... 384, 023 Cashier’ s checks .......................................... 2, 185, 224 8, 603, 843 Due to other banks and bankers.............. State moneys on deposit............................ 629, 307 Postal savings deposits..................... ...... 318, 796 U. S. government deposits.......................... 9 4 9 ,1 4 0 Savings deposits (book account).............. 158, 784, 086 Savings certificates of deposit.................. 4, 227, 784 Bills payable .............................................. 10, 000, 000 Customers’ acceptances and letters of credit ....................................................... 2, 667, 938 00 00 43 12 67 08 48 29 10 10 48 00 40 26 00 16 58 00 82 64 73 80 00 63 ................................................ $313, 117, 235 57 Total .................................................$313, 117, 235 57 * O n F e b r u a r y 1 5 , 1 9 2 8 T h e P e o p le s S t a t e B a n k o f D e t r o i t a n d T h e W a y n e C o u n t y a n d H o m e S a v in g s B a n k o f D e t r o i t c o n s o lid a t e d u n d e r t h e t i t le P e o p le s W a y n e C o u n t y B a n k . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 112 STATE BAN K IN G D EPARTM ENT No. 546. THE BEDFORD STATE SAVINGS BA N K , DETROIT. Organized February 9, 1914. C h a r l e s A . L a h s e r , P r e s i d e n t ; H a r v e y C. I I o u g h t e n , J o h n V e n u s V ic e P r e s i d e n t s ■ A D ir e c t o r s aA M B o ^ o r t h J r .. A s s i s t a n t C a s h i l r P t e a i d e n t *> A ’ d i r e c t o r s .— C h a r le s A . L a h s e r , A , A . B r u d e r , J o h n V e n u s , G . V . S m it h R T B n rt H arvey C. H o u g h te n , A . M. B o sw o rth , J r ., E d w a r d A. R e id , W in f ie ld H a r r in g to n . Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial .......................................... Savings .............................................. Real estate mortgages: Savings .............................................. Bonds and securities: Commercial .......................................... Savings ..................................................... Due from Federal Reserve bank: Commercial .............................................. Savings .............................. ............. ' Due from banks in reserve cities: Commercial .............................................. Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only.................................. Total cash on hand: Commercial .............................................. Savings ..................................................... Overdrafts ................................................... Banking house ............................ ............... Furniture and fixtures................................ Other real estate ........................................... Due from banks other than in reserve cities .......................................................... Customers’ bonds left with bank for safe keeping ..................................................... Stock of Federal Reserve bank................ Total ................................. $171, 608 20 625, 074 45 930, 256 32 77, 050 00 55, 500 00 42, 175 33 30, 000 00 38, 375 57 35, 000 00 Capital stock paid i n ................................ Surplus f u n d ................................................. Undivided profits, net................................ Dividends unpaid ....................................... Reserved for taxes, interest, depreciation, ^ etc- ............................................................ Commercial deposits subject to ch e c k ... Certified ch e ck s............................................ Cashier's checks .......................................... Savings deposits (book account)............ Savings certificates of deposit.................. Club savings deposits................................... Customers’ bonds left with bank for safe keeping ..................................................... $100 58, 33 , 1^ 000 00 000 00 734 19 679 50 6, 414 2 8 2 ,5 1 0 3, 849 14’ 753 1, 667,’ 208 32, 252 16, 361 20 38 00 49 72 22 25 16, 200 00 34, 050 00 34, 19, 1, 78, 20, 3, 904 314 343 800 262 328 38 08 76 00 53 33 15, 000 00 16, 200 00 4, 750 00 $2, 232, 992 95 Total ................................................... $2, 232, 992 95 STANDARD TRUST COMPANY, DETROIT. Organized March 24, 1924. C- R . T a l b o t , P r e s i d e n t j S id n e y M i l l e r , H . F . M c G u r r e n , V i c e P r e s i d e n t s ; N e w b e r r y , S e c r e t a r y a n d T r e a s u r e r ; D on N ig r o , A s s i s t a n t S e c r e t a r y . W 1111 fl m Tr G eorge in c t in J * .K o lo w i c h , IM illn n R upert 4 n H .i m E. T P a r is , C h a r le s lX T o U L i« E. „ 1. H aw ley L o v e jo y , H o w a r d ci n .. 1 • 1 C. n . _ D B a ld w in , -»*• • Statement October 3, 1928. Resources. Collateral loans: Time .......................................................... Loans on real estate mortgages: In o ffic e ................................................... With State T r ea s u rer......................... Bonds: In office ................................................. With State Treasurer............................ Real estate owned....................................... Real estate mortgages to secure deben tures .......................................................... Advances to trusts....................................... Furniture and fixtures.............................. Due from other banks and bankers. . . . Outside checks and cash items................ Cash .............................................................. Items in transit............................................ Accrued interest and prepaid expense.. Expenses exceeding earnings....................... Securities for safe keeping......................... Total Liabilities. $85, 640 12 1, 113, 350 00 22, 000 00 60, 920 99 140, 516 81 22, 068 65 378, 173 77 1, 801 93 43, 330 46 121, 172 82 10, 268 47 1, 912 11 3, 992 13 2 1 ,3 7 5 37 71, 219 45 391, 775 00 ................................................... $2, 489, 518 08 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Capital stock paid in ................................. Surplus f u n d ................................................. Deferred profits .......................................... Reserve for taxes, etc................................ Trust deposits .............................................. Debentures ................ .................................. First mortgage bonds payable.............. . Certificates of d ep osit.,.............................. Bills payable ............................................... Securities for safekeeping......................... Accrued interest ........................................ Total ................................................... $30i , 75, 7, 11, 170, 153, 1, 113, 192, 63, 391, 11, 000 000 324 790 071 000 350 631 500 775 074 00 00 81 60 41 00 00 34 00 00 92 $2, 489, 518 08 113 STATE BAN K S OF M ICHIGAN UNION TRUST COMPANY, DETROIT. Organized November 24, 1890. Corporate existence extended November 24, 1920. F r a n k W . B l a i r , P r e s i d e n t ; H arry S l a t e r . A s s i s t a n t t o P r e s i d e n t ; C h a r l e s R . D u n n , J o h n N. S t a l k e r , B. H . M a n n in g , J oel H . P r e s c o t t , E x e c u t i v e V i c e P r e s i d e n t s ; M e r r il l C. A d a m s , V i c e P r e s i d e n t a n d S e c r e t a r y ; C h a r l e s E . C l a r k , V i c e P r e s i d e n t a n d T r e a s u r e r ; C h a r l e s N. G r o s m a n , J o h n A . R e y n o l d s , C l in t o n F. B e r r y , A . D o u g la s J a m ie s o n , V ice P r es id e n ts ; C harles H . A d am s, V i c e P r e s i d e n t a n d M a n a g e r B o n d D e p a r t m e n t ; E ugene A . M il l e r , L o u is H . C h a r b o n n e a u , H eiiold G. W o o d r u f f , J o h n C. E v a n s , A s sista n t V ice P r es id e n ts ; A l v in W . B o n d , A s s i s t a n t V i c e P r e s i d e n t a n d M a n a g e r I n s u r a n c e a n d T a x D e p a r t m e n t ; W ayne W . P u t n a m , A s s i s t a n t V i c e P r e s i d e n t a n d A s s i s t a n t S e c r e ta r y ; W a l t e r C. H a r t w ig , A s s i s t a n t T r e a s u r e r ; A r t h u r S. G il m o r e , W i l l i a m B . M c N a l l y , N ed W . A n d r u s , W il f r e d J. W o o d r u f f , W il l i a m H . E r s k i n e , W i l l i a m J . D i c k s o n , M il l a r d E . B o w l u s , R o b e r t T . F l a t t e r y , A s s i s t a n t S e c r e t a r i e s ; J. M onroe R o n e y , L a w r e n c e J. T o o m e y , M o rse D. C a m p b e l l , T r u s t O f f i c e r s ; E a r l J. P u b l o w , J o s e p h J . C a v a n a u g h , T h o m a s J . T e a r e , J a m e s A . P ie r c e , G eorge F . A l d r i c h , C. S t e w a r t B a x t e r , G eorge E . P a r k e r , J r ., A s s i s t a n t T r u s t O f f i c e r s ; E . J o h n L a n t z , A u d ito r ; I r v in g C. T u t t l e , A s s i s t a n t A u d i t o r ; F r a n k P . K e a n e , M a n a g e r M u n i c i p a l D iv is io n , B o n d D e p a rtm e n t; R oy R . C a r p e n t e r , M a n a g e r C o r p o r a t e D i v i s i o n , B o n d D e p a r tm e n t; P a u l D. C o r b e t t , S a l e s M a n a g e r B o n d D e p a r t m e n t ; W i l l i a m H . F o w l e r , M a n a g er S a fety D e p o sit V a u lt; Jam es H. B u r ten sh aw , M a n a g e r , C r e d i t D e p a r t m e n t ; E d w a r d N. A l w a r d , A s s i s t a n t M a n a g e r , I n s u r a n c e a n d T a x D e p a r t m e n t . D ir e c t o r s .— P a u l F . B a g le y , F r a n k W . B l a i r , A lle n F . E d w a r d s , J . C. H u t c h in s , F r e d T . M o r a n , J. I I . P o o l e , H a l H . S m it h , F r a n c i s C. M c M a t h , F r e d e r i c k M . A lg e r , J e r o m e H . R e m ic k , H e n r y L e d y a r d , T r u m a n H . N e w b e r r y , J a m e s T . M c M illa n , W . H o w i e M u ir , A r t h u r G. B i s h o p , F r a n c i s P a lm s , H o b a r t B . H o y t , A r t h u r T . W a t e r f a l l , C h a r le s R . D u n n , J o h n N . S t a lk e r , J o h n R . R u s s e l, H e n r y H . S a n g e r , R a n s o m E . O ld s , M u r r a y W . S a le s , B a r t H . M a n n in g , C h a r le s B . W a r r e n , J o e l H . P r e s c o t t , R o b e r t O a k m a n , B . E . T a y l o r , P a u l D e m in g , A . A . S c h a n t z , H a r r y C. B u lk le y , G e o r g e R . F i n k , G e o r g e H . K le in , F r e d e r i c G . A u s t i n , B u r c h F o r a k e r , A . B . C. H a r d y , R i c h a r d P . J o y , C h a r le s H . H o d g e s , C h a r le s S. M o t t , E d w in H . N e ls o n , E d w a r d M . M a n c o u r t , W i ll ia m P . H a m il t o n , J a m e s I n g l is , D w i g h t B . L e e , T . W . P a lm e r L i v n g s t o n e , G e o r g e B . R u s s e l, J o h n H . F r e n c h . Statement October 3, 1928. Liabilities. Resources. Collateral loans: Time .......................................................... $7, 633, 586 89 Demand ..................................................... 191, 762 77 Loans on real estate mortgages: In office ................................................... 14, 804, 984 92 209, 575 00 With State Treasurer.............................. Bonds : In office ................................................... 5, 186, 304 84 Stocks ............................................................ 3, 000, 000 00 Real estate owned......................................... 334, 967 22 Other investments ....................................... 2, 029, 957 56 3, 3 6 4 ,2 3 9 52 Advances to trusts....................................... Furniture and fixtures................................... 213, 511 38 8, 507, 968 73 Due from approved reserve agents.............. Due from other banks and bankers......... 343, 390 52 Outside checks and cash items.................. 18, 278 34 Cash ..............“............................................... 78, 726 14 Items in transit............................................ 841, 415 65 Certificates of deposit................................... 845, 700 36 Accrued interest and prepaid expense. . . . 750, 817 04 Other assets ................................................ 68, 218 42 Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $48, 423, 405 30 Capital stock paid i n . Surplus fund ............ Undivided profits . . . . Reserve for taxes, etc. Trust deposits ........... Bills p aya ble.............. Accrued interest . . . . Other liabilities ........ Total $2, 500, 000 2, 500, 000 637, 542 771, 741 40, 026, 328 1, 450, 000 331, 178 206, 614 00 00 41 57 94 00 38 00 $48, 423, 405 30 114 STATE BA N K IN G DEPARTM ENT No. 386. THE UNITED SAVINGS B A N K OF DETROIT. Organized June 30, 1907. L averne Bassett, P r e s id e n t; A lrert P. P r e s id e n ts ; T h o s. E. B r yan , C a s h i e r ; C a sh ier s ; E d w in K en b erg , A u d i t o r a n d D i r e c t o r s .— P e c k , W m . W . S l o c u m , G eorge V . B a s h a m , E arl W . A l l is , H u be r t O. C o f f m a n , A s s i s A ssista n t H e n r y M . . Z im m e r m a n , A l b e r t G e o r g e V . B a s h a m , W i ll ia m Vice ta n t C a sh ier . F. P eck , H e n ry W . S ta n d a rt, L a v e rn e W . S lo c u m , H o w a r d M . W a r n e r . B a ssett, Statement October 3, 1928. Resources. Loans and discounts: Savings ..................................................... $125, Real estate mortgages: Savings ..................................................... 12, 915, Ronds and securities: Savings ..................................................... 2, 056, Due from Federal Reserve bank: Savings ..................................................... 507, Due from banks in reserve cities: Savings ..................................................... 265, U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... 1, 890, Exch. for C. H. and checks on banks in same place: Savings ..................................................... 45, Total cash on hand: Savings ................................................... 40, Premium account ....................................... 109, Banking house .............................................. 439, Furniture and fixtures...................................... 7, Due from banks other than in reserve cities ................................ 234, Customers’ bonds left with bank for safe keeping ..................................................... 23, Outside checks, revenue stamps and other cash items .............................................. 1, Stock of Federal Reserve bank.................. 48, Liabilities. 100 00 780 77 890 15 045 76 473 82 000 00 911 87 380 112 189 842 03 20 64 24 842 09 950 00 199 37 000 00 Total .....................................................$18, 710, 717 94 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Capital stock paid i n ................................... $1, 000, 000 00 Surplus fund ................................................. 600, 000 00 Undivided profits, net................................... 156, 188 39 Reserved for taxes, interest, depreciation, etc................................................................. 41, 561 10 13, 387 96 Fostal savingsdeposits................................... Savings deposits (book account)............. 16, 190, 179 75 685, 450 74 Savings certificates of deposit..................... Customers’ bonds left with bank for safe keeping....................................................... 23, 950 00 Total .....................................................$18, 710, 717 94 STATE BAN K S OF M ICHIGAN 11 5 UNITED STATES TRUST COMPANY, DETROIT. Organized February 19, 1925. J ohn S. H a g g e r t y , P r e s i d e n t ; H o w a r d C. W a d e , B . N . T a p f a n , C h a s . Y . H o f f , V i c e O . D. M a r c k s , V i c e P r e s i d e n t a n d T r u s t O f f i c e r ; W . A . P o r t e r , S e c r e t a r y ; F r a n k O. T a s c h e , T r e a s u r e r . D ir e c t o r s .— J o h n S. H a g g e r t y , C h a s . V . H o ff , E d w a r d A . H o ffm a n , J o h n A . M e r c ie r , M . P r e s id e n ts ; M . R e a d , H o w a r d C. W a d e , W in . F r ie d m a n , J . K ir c h n e r , F e l i x J . M a h le r , J o h n P , N e u d o r fe r . A. C a m p b e ll, F ran k C. E v erts, G eo. H. Statement October 3, 1928. Resources. Liabilities. Collateral loans: Time ..........................................-.............. Demand ..................................................... Loans on real estate mortgages: In office ................................................... With State Treasurer.............................. Other loans ................................................... Bonds: In office ................................................... With State Treasurer.............................. Advances to trusts....................................... Premiums paid ............................................ Furniture and fixtures .............................. Due from approved reserve agents.......... Due from other banks and bankers......... Cash ............................................................... Certificates of deposit................................... Accrued interest ........................................ Securities for safe keeping......................... Other assets................................................... Total $114, 308 50 85, 221 20 53, 500 00 75, 000 00 26, 750 00 127, 77, 12, 2, 10, 133, 35, 140, 11, 602, 6, 657, 450 639 920 526 971 231 125 500 328 430 803 278 00 00 42 88 61 71 82 00 94 21 00 54 Capital stock paid i n ................................... Surplus fund ................................................ Undivided profits .......................................... Deferred profits ............................................ Reserve for taxes, etc.................................. Corporate agency deposits............................ Trust deposits .............................................. Escrow deposits ............................................ Certificates of deposit ................................ Securities for safekeeping............................ Accrued interest ............................................ Other liabilities .......................................... ................................................... $8, 166, 985 83 Total $300, 000 60, 000 36, 037 6, 636 1, 910 217, 686 188, 751 10, 062 89, 906 602, 803 1 ,1 6 5 6, 652, 026 00 00 81 41 00 53 22 63 22 00 72 29 ................................................... $8, 166, 985 83 No. 157. THE D EXTER SAYINGS BANK , D EXTER. Organized February 10, 1893. Corporate existence extended February 10, 1923. G . S . F r a n c is c o , P r e s i d e n t ; H e n r y D ie t e r l e , V i c e P r e s i d e n t ; E . G . W il l o u g h b y , C a s h i e r ; M . J . K e n n y , A s s i s t a n t C a s h i e r ; J ay K e i t h , S e c r e t a r y B o a r d o f D i r e c t o r s . D ir e c t o r s .— E . J e d e le , H e n r y D ie t e r le , E l e a n o r J . N e w k ir k , J a y K e it h , W . C . W y l ie , G. S. F r a n cis c o , G eo. C. 'P a g e . Statement October 3, 1928. Liabilities. Resources. Loans and discounts: Commercial ................................. Real estate mortgages: Savings ..................................................... Bonds and securities: Savings....................................................... Due from banks in reserve cities: Commercial ........................................... Savings .............................. U. S. Bds. and Cert, of Ind. as legal reserve ! Savings dept, only................................... Total cash on hand: Commercial ........................... Overdrafts ..................................................... Banking house ............................................ Furniture andfixtures.................................... Customers’ bonds left with bank for safe keeping ..................................................... T o t a l..................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $192, 911 65 264, 130 10 17, 100 00 15, 942 21 18, 305 27 Capital stock paid i n ................................... Surplus fund ................................................. Undivided profits, net................................... Dividends unpaid .......................................... Commercial deposits subject to check. . . . Demand certificates of deposit................... Saving deposits (book account)................ Savings certificates of deposit..................... Bills payable ................................................. Customers’ bonds left with bank for safe keeping ..................................................... $40, 000 00 15, 500 00 11, 540 62 720 00 162, 196 15 5, 622 07 280, 390 75 24, 406 93 8, 000 00 24, 850 00 25, 700 00 8, 773 513 1 ,2 0 0 3, 800 98 31 00 00 24, 850 00 $573, 226 52 Total ..................................................... $573, 226 52 116 STATE BA N K IN G D EPARTM ENT No. 631. DIM ONDALE STATE BA N K , DIMONDALE. Organized June 30, 1919. W m . J. B a t e m a n , P r e s i d e n t ; J o h n H u l l , B . A . L undberg, V i c e P r e s i d e n t s ; B er t S. H a r r i s , C a s h i e r ; F . L . C o g s w e l l , A s s i s t a n t C a s h i e r . D ir e c t o r s .— A l i c e M . H a r r i s , J o h n H u ll , W i ll ia m J . B a t e m a n , B e r t S. H a r r is , E. A. L u n dberg. Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial Savings ............................ Real estate mortgages: Commercial .................... Savings .................. Bonds and securities: Savings .................. Due from banks in reserve cities : Commercial U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only........... Total cash on hand: Commercial ..................... Savings ............................... Overdrafts ....................... Banking h ou se....................... Furniture and fixtures. . . . Other real estate.................. Customers’ bonds left with bank for safe keeping ................ Outside checks, revenue stamps and other cash items . . Total ............................... $89, 466 58 13, 700 00 8, 628 45 55, 374 44 31, 090 00 29, 787 20 Capital stock paid in ....................................... Surplus fund ...................................................... Undivided profits, net .................................... Dividends unpaid ................................. Commercial deposits subject to check . . . Demand certificates of deposit . . . Cashier’s checks .................................... Savings deposits (book account).................. Savings certificates of deposit....................... Club Savings deposits ............................ Customers’ bonds left with bank for safe keeping .......................... $20, 000 00 5, 000 00 9, 999 80 25 00 58, 653 20 39, 774 55 2, 440 81 76, 884 61 35, 800 45 4, 587 01 5, 300 00 14, 300 00 2, 016 500 144 3, 000 3, 000 2, 000 99 00 49 00 00 00 5, 300 00 157 28 $258, 465 43 Total .......................................................... $258, 465 43 No. 578. LEE STATE BANK , DOWAGIAC. Organized January 3, 1916. F red B . L e e , P r e s i d e n t ; H e n r y M . L e e , A . B . G a r d n e r , O t i s B ig e l o w , V i c e P r e s i d e n t s C h r i s . A . H e x , C a s h i e r ; N e il B . S w i s h e r , B . B er t W e a r , A s s i s t a n t C a s h i e r s . D ir e c t o r s .— F r e d B . L e e , H e n r y M . L e e , A . B . G a r d n e r , C h r is . A . H u x , O t is B ig e l o w , V ern on C. R ed n er, B e lle A. ; B aker. Statement October 3, 1928. Liabilities. Resources. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 25, 245 50 82, 520 48 549, 534 50 188, 936 87 Capital stock paid i n ................................... Surplus fund ................................................ Undivided profits, net................................ Commercial deposits subject to check. . . . Demand certificates of deposit..................... Due to other banks and bankers.............. Savings deposits (book account)................ Bills payable ......................................... $125, 31, 26, 339, 518, 000 250 181 632 720 10 277, 993 100, 000 00 00 65 09 11 00 64 00 233, 944 38 30, 000 00 3, 064 15 20, 216 59 15, 000 00 1, 063 84 660 47 4, 748 07 134 48 8, 964 00 00 Total $254, 754 16 00 1 Loans and discounts: Commercial .............................................. Real estate mortgages: Commercial .............................................. Savings ..................................... ................ Bonds and securities: Commercial .............................................. Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Savings ..................................................... Exch. for C. H. and checks on banks in same place: Commercial .............................................. Total cash on hand: Commercial .............................................. Savings ..................................................... Overdrafts ..................................................... Premium account .......................................... Furniture and fixtures................................... Due from banks other than in reserve cities . ..................................................... Other assets ................................................. 49 Total $1, 418, 787 49 STATE BAN K S OF M ICHIGAN 117 No. 351. THE DRYDEN STATE BANK, DRYDEN. Organized October 20, 1906. L ee B e r r id g e , P r es id e n t ; a n d A. J. C a sh ier ; S c h a n c k , V i c e P r e s i d e n t ; F l o yd S l a t e , K e n n e t h B e r r id g e , A s s i s t a n t C a s h i e r . V ice P r es id e n t D ir e c t o r s .-— L e e B e r r id g e , A . J. S c h a n c k , G a il S c h a n c k , H . L . P a r k e r , F l o y d S la t e , H. It. E a sto n , C h as. F oot. Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial ................... Savings ............................ Real estate mortgages: Commercial ..................... Savings ............................ Bonds and securities: Savings ............................ Due from banks in reserve cities : Com m ercial.................. Savings ............................ U. S. Bds. and Cert, of Ind. as legal reserve : Savings dept, only.......... Total cash on hand: Commercial . Savings ............................ Overdrafts ............................ Banking house ..................... Furniture and fixtures......... Other real estate ................ Customers’ bonds left with bank for safe keeping .............................. Outside checks, revenue stamps and other cash items ....................... Total ..................................................... Capital stock paid i n ................................... Surplus fund ................................................ Undivided profits, net.................. Reserved for taxes, interest, depreciation, etc................................................................. Commercial deposits subject to check. . . . Demand certificates of deposit.................. Savings deposits (book account)................ Customers’ bonds left with bank for safe keeping ..................................................... Other lia b ilitie s............................................ $127, 323 67 21, 181 00 14, 218 69 196, 072 12 28, 000 00 29, 109 20 20, 000 00 $20, 000 00 20, 000 00 6, 099 81 , 84 50 69, 934 78 81, 648 18 243, 717 39 4, 900 00 32, 047 00 9, 750 00 3, 603 35 2, 000 00 540 04 11, 000 00 3, 900 00 6, 425 09 4, 900 00 408 50 $478, 431 66 Total ..................................................... $478, 431 66 No. 477. THE DUNDEE STATE SAYINGS BAN K , DUNDEE. Organized February 21, 1911. T h ornton D ix o n , P r e s i d e n t ; A r t h u r M . R it t e r , V i c e P r e s i d e n t ; S e t h C. D i x o n , C a s h i e r ; H a z e l M . B o r d in e , E . G . M c L e a n , A s s i s t a n t C a s h i e r s . D ir e c t o r s .— T h o r n t o n D ix o n , S a r a h A . S t a n g e r , A r t h u r M . R i t t e r , L i d a M . D ix o n , S e th C. D ix o n . Statement October 3, 1928. Resources. Loans and discounts: Commercial .............................................. Savings ..................................................... Real estate mortgages: Savings ....................................... ............. Bonds and securities: Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only.................................... Total cash on hand: Commercial .............................................. Savings ..................................................... Overdrafts ..................................................... Furniture and fixtures................................... Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $36, 221 13 43, 811 57 67, 195 00 Capital stock paidi n .................................... Surplus fund ............................................... Undivided profits, net................................... Commercial deposits subject to check. . . . Savings deposits (bookaccount).................. Savings certificates ofdeposit........................ $20, 000 00 5, 000 00 199 10 41, 072 99 66, 613 63 95, 004 97 27, 797 50 4, 108 92 18, 901 16 16, 300 00 4, 641 86 3, 000 00 356 23 5, 557 32 $227, 890 69 Total $227, 890 69 118 STATE B A N K IN G D EPARTM ENT No. 142, MONROE COUNTY BANK , DUNDEE. Organized September 7, 1892. Corporate existence extended September 7, 1922. C. B . H is e r , P r e s i d e n t ; E r v in S m i t h , K . H . K y f e r , V i c e P r e s i d e n t s ; L e v i G . W i l l i a m s , C a sh ier ; A l ic e M . D a l y , W . J . C o r b in , A s s i s t a n t C a s h i e r s . D ir e c t o r s .— L e v i G . W i ll ia m s , K . H . Iv y p e r , F r a n k B e n h a m , C. B . H is e r , G e o r g e J. M e y e r , E r v in S m it h , F r e d C. R a t h . Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial .............................................. Savings ..................................................... Real estate mortgages: Savings ..................................................... Bonds and securities: Sayings ..................................................... Due from banks in reserve cities: Commercial .............................................. Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Exch. for C. H. and checks on banks in same place: Commercial .............................................. Total cash on hand: Commercial .............................................. Savings ...................................................... Overdrafts ..................................................... Banking house .............................................. Furniture and fixtures................................ Other real estate.......................................... $205, 696 84 50, 190 64 206, 657 31 198, 306 53 15, 000 00 31, 138 49 $25, 000 00 25, 000 00 16, 904 32 5, 139, 3, 20, 224, 280, 15, 000 592 066 526 250 581 000 00 98 30 33 99 57 00 21, 450 00 2, 228 96 8, 105 91 4, 000 00 89 24 2, 500 00 3, 626 48 5, 932 09 $754, 922 49 Total Capital stock paid i n ................................... Surplus fund ................................................ Undivided profits, net................................... Reserved for taxes, interest, depreciation, etc................................................................. Commercial deposits subjectto check. . . . Cashier’ s checks .......................................... Time commercial certificatesof desposit. . Savings deposits (book account)................ Savings certificates of deposit..................... Bills payable ............................................... Total $754, 922 49 No. 428. FIRST COMMERCIAL AND SAVINGS BA N K , DURAND. Organized April 8, 1909. C. S. R ee d , P r e s id e n t D ir e c t o r s .-— C. S . R e e d , W. L. ; E . J. C a r n e y , A . J. H ig do n , A E. J . S cra n ton , V i c e P r e s i d e n t ; F. s s is ta n t C a sh ier. C a rn ey , R . G. B ro o k s , U. P . F e rg u so n , F ra n k D. Sayre, C a sh ier ; E. F . A u gsbu ry, C. E . M ik a n , B . W . C a lk in s . M c A lv a y , Statement October 3, 1928. Liabilities. Resources. Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $197, 103 68 31, 993 60 12, 316 18 178, 584 58 82, 600 00 49, 132 32 6, 591 18 Capital stock paid i n ................................... Surplus fund ................................................. Undivided profits, net................................... Commercial deposits subject to check. . . Demand certificates of deposit.................. Certified checks ......... ■................................. Savings deposits (book account)................ Savings certificates of deposit..................... Customers’ bonds left with bank for safe keeping ..................................................... $25, 000 20 , 000 7, 228 115, 881 130, 846 1, 707 262, 125 25, 298 00 00 23 67 90 90 86 60 650 00 11. 576 38 10, 000 00 91 24 7, 000 00 1, 100 00 650 00 ■e* 00 00 Loans and discounts: Commercial .............................................. Savings ..................................................... Real estate mortgages: Commercial .............................................. Savings ..................................................... Bonds and securities: Savings ..................................................... Due from banks in reserve cities: Commerçai .............................................. Savings ..................................................... Total cash on hand: Commercial .............................................. Savings ..................................................... Overdrafts ..................................................... Banking house .............................................. Furniture and fixtures................................... Customers’ bonds left with bank for safe keeping ..................................................... 739 16 Total $588, 739 16 119 STATE BA N K S OF MICHIGAN No. 124. THE SHIAW ASSEE COUNTY. BA N K , DURAND. Organized August 28, 1891. Corporate existence extended August 28, 1921. R o ber t C. F a i r , P r e s id e n t an d ; C. G . B a t e s , V i c e P r e s i d e n t j H a r r y A . T h o m a s , D. M. T r u m b l e , A s s i s t a n t C a s h i e r . C. G . B a t e s , H a r r y A . T h o m a s , F . O . N e s b i t t , V ice P r es id e n t C a sh ier j D ir e c t o r s .— R o b e r t C . F a i r , C. E. M apes. Statement October 3, 1928. Liabilities. Resources. Loans and discounts : Commercial ....................... ....................... Real estate mortgages: Commercial ............................................... Savings ..................................................... Bonds and securities: Commercial .............................................. Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve : Savings dept, only................................... Exch. for C. H. and checks on banks in same place: Commercial .............................................. Total cash on hand: Commercial .............................................. Savings ..................................................... Overdrafts ..................................................... Other real estate.................. ...................... Customers’ bonds left with bank for safe keeping ..................................................... Outside checks, revenue stamps and other cash Items ......... .. . . ............................... 6 , 500 00 259, 484 82 36, 975 00 292, 400 00 63, 657 33 65, 000 00 $25, 000 00 25, 000 00 9, 113 03 2, 000 00 163, 755 52 140, 168 11 146 72 544, 338 32 66, 107 33 10, 000 00 20, 000 00 3, 239 05 6, 781 47 3, 237 33 266 83 8 , 731 86 10, 000 00 OC CO 00 Total $208, 516 97 Capital stock paid i n ................................... Surplus fund .............................................. Undivided profits, net................................... Reserved for taxes, interest, depreciation, etc................................................................. Commercial deposits subject to cheek. . . . Demand certificates of deposit..................... Certified checks ............................................ Savings deposits (book account).............. Savings certificates of deposit..................... Customers’ bonds left with bank for safe keeping ..................................................... 37 ................................................... $985, 629 03 Total $985, 629 03 No. 728. EAST GRAND RAPIDS STATE BA N K , EAST GRAND RAPIDS. Organized August 25, 1925. Noyes L . A very, F r e d e r ic A . W u r zb u r g , V i c e P r e s i d e n t ; H e r m a n P . H ugenholtz, C a s h i e r . D ir e c t o r s .— N o y e s L . A v e r y , F r e d e r ic A. W u r z b u r g , G ilb e r t L . D a a n e , W m . A ld e n S m it h , Joh n B . M a rtin , S ta rr . P r e s id e n t L o u is ; G . D e L a m a r te r , R o b e rt Y . S p e ir , E a r le D. A lb e r ts o n , R aym ond W. Statement October 3, 1928. Liabilities. Resources. Loans and discounts: Commercial .............................................. Real estate mortgages: Savings ..................................................... Bonds and securities: Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Savings ..................................................... Total cash on hand: Commercial .............................................. Savings ..................................................... Overdrafts ..................................................... Expenses, interest and taxes paid exceed ing earnings ............................................ Banking house ............................................ Furniture and fixtures................................... Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $78, 217 11 59, 075 00 23, 000 00 17, 929 67 9, 489 52 2, Capital, stock paid in ................................... Surplus fund ............................................ Reserved for taxes, interest, depreciation, etc................................................................. Commercial deposits subject to check. . . . State moneys on deposit.............................. Savings deposits (book account)................ Savings certificates of deposit..................... Club savings deposits................................... $25, 000 6, 250 00 00 750 00 87, 347 13 15, 000 00 62, 833 56 13, 524 50 6, 888 03 478 32 500 00 82 75 722 09 15, 618 43 10, 480 33 $217, 593 22 Total $217, 593 22 120 STATE BAN K IN G DEPARTM ENT No. 462. THE P E O P L E ’S STATE SAVINGS B A N K OF EAST JORDAN. Organized September 16, 1910. W. D D A. i r e c t o r «! ir e c io r s . Stro eb el, P r e s id e n t; R. O B is b e e R oscoe M ackey , V ic e P r e s id e n ts j W \ D ’ B a e NETT, A s s i s t a n t C a s h ie r . W . A . S t i o e b e l, C . H . W h i t t i n g t o n , J o h n J . P o r t e r , R o s c o e M a c k e y , S . B . R o g e r s W . H . P a rk s. Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial ................................ Savings ......................................... Real estate mortgages: Savings ..................................... Bonds and securities: Savings .............................................. Due from banks in reserve cities: Commercial Savings ............................ U. S. Bds. and Cert, of ind, "a s legal reserve: Savings dept, only................................... Total cash on hand: Commercial Savings ................................ ’ Overdrafts ............................... Banking house Furniture and fixtures Other real estate .............. Customers’ bonds le ft ' with bank for'safe keeping .............................. Total $167, 982 35 53, 396 58 53, 633 42 101, 174 91 18, 820 08 25, 000 00 $25, 000 Capital stock paid in ..................... Surplus fund....................................... 15, 000 Undivided profits, net................................... 3 ,3 8 9 Commercial deposits subject tocheck. . . . 85^ 741 Demand certificates of deposit..................... 4, 070 Cashier’ s checks .........................................................7, 892 Savings deposits (book account) . " " ' 236,’ 933 Bills payable ................................................ 35, 000 Customers’ bonds left with bank for safe keeping ..................................................... 27, 914 00 00 98 85 51 n 65 00 00 850 00 5, 706 46 4, 000 00 189 60 5, 250 00 750 00 12, 274 70 27, 914 00 $476, 942 10 Total $476, 942 10 No. 238. STATE B A N K OF EAST JORDAN, EAST JORDAN. Organized July 9, 1901. . P. P o r t e r , 1 resid en t D T P ifC T o p c r ecto rs. F red S m i t h , V ic e P r e s id e n t j R o b e r t A . C a m p b e l l , C a s h ie r : W T T> T> C D i c k .e n , A s s i s t a n t C a s h ie r . W . P . P o r t e r , F r e d S m it h , YV. B . M a l p a s s , G e o r g e C a r r , C . H . P r a y H P P o r t e r Statement October 3, 1928. Resources. Loans and discounts: Commercial Savings ................ Real estate mortgages: Savings ............................ Bonds and securities: Commercial Savings ....................................... Due from banks in reserve cities: Commercial ................................ Savings ..................... U. S. Bds. and Cert, of ind. as legal reserve: Savings dept, only................................... Exch. for C. H. and checks on banks in same place: Commercial......................................... Total cash on hand: Commercial Savings ....................................... ’ ] Banking house ......................... ... Furniture and fixtures ......... .. .. .' . Other real estate ..................................." Due from banks other than ’ in reserve cities ................................... Customers’ bonds ieft with bank’ for’ safe keeping ................................................. Total ..................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $261, 391 51 47, 542 50 95, 157 29 157, 000 00 131, 600 00 60, 480 33 48, 182 47 Capital stock paid i n .................. $ 50, Surplus fund ................................................ Undivided profits, net.................. i f Commercial deposits subject to check. . . . Certified checks ............................................ Cashier's checks .............................. ’ ’ ’ ’ ’ Time commercial certificates of deposit.. Savings deposits (book account)............... '. Savings certificates of deposit............ Customers' bond left with bank for safe keeping ..................................................... 000 00 20, 000 00 766 13 371’ 121 03 837 54 932 34 65, 292 04 341, 376 80 22 08 1, 600 00 17, 700 00 542 66 5, 4, 5, 3, 11, 295 76 000 00 807 00 432 00 631 07 7, 585 37 1, 600 00 $858, 947 96 Total ..................................................... $858, 947 96 121 STATE BAN K S OF M ICHIGAN -N o. 583. EAST LAN SING STATE BANK , EAST LANSING. Organized March 21, 1916. J ac ob S c h e p e r s , P r e s i d e n t ; E d w a r d H . R yd e r , V i c e P r e s i d e n t ; H . S. L u c a s , C a s h i e r ; J . L . M il l e r , A s s i s t a n t C a s h i e r . D ir e c t o r s .— J a c o b S c h e p e r s , A . M . B r o w n , E d w a r d H . R y d e r , W . S. F o s t e r , B e r t J. B a k e r , E d w a r d G ib b o n s , B . A . F a u n c e , O. E . R e e d , I I . H . H a ll a d a y , A r t h u r J . C la r k , L u t h e r H . B a k e r . W ard G ilt n e r , O . H . B r u e g e l, Statement October 3, 1928. Liabilities. Resources. Loans and discounts: Savings ............................ Real estate mortgages: Savings ................................................ Bonds and securities: Commercial .............................................. Savings ................................ Due from banks in reserve cities: Commercial ................................ Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Exch. for C. H. and checks on banks in same place: Commercial . . . . Total cash on hand: Commercial ............................ Savings ..................................................... Overdrafts Furniture and fixtures................................... Customers’ bonds left with bank for safe keeping ................................... Total .............................................. $600, 387 69 32; 348 50 161, 859 46 112, 036 94 26, 531 34 198, 351 70 20, 000 00 8, 800 00 Capital stock paid i n ................................... Surplus f u n d ................................................. Undivided profits, net . . . ....................... Dividends unpaid ..................................... Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject to check. . . Certified checks ............................................ Time commercial certificates of deposit.. Savings deposit (book account)................ Savings certificates of deposit.................. Club savings deposits................................... Customers’ bonds left with bank for safe keeping ..................................................... $100, 000 00 41, 500 00 22, 536 02 60 00 6, 611, 2, 144, 231, 62, 7, 100 888 631 504 767 770 352 00 71 73 99 90 24 41 22, 400 00 7, 754 52 31, 103 57 3, 000 00 104 80 28, 833 48 22, 400 00 $1, 253, 512 00 Total ................................................... $1, 253, 512 00 No. 748. M ICHIGAN STATE B A N K ,. EAST LANSING. Organized July 14, 1927. W il l ia m W . P o tter, B er t R o land S. H a r r i s , F o r r e st F . M u s s e l m a n , V i c e P r e s i d e n t s ; L . S p a l d in g , C a s h i e r . F r a n k E . C h u r c h , G u y E . C r o o k , B e r t S. H a r r i s , H u g h A . M u s s e lm a n , W i ll ia m W . P o t t e r , R o l a n d L . S p a ld in g ,. H e r m a n K . P r e s id e n t; D ir e c t o r s .— D a n i e l G . B a r r , M cP h erson , V ed der. F orrest F. Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial .............................................. $44, 618 32 Savings ..................................................... 24, 654 64 Real estate mortgages: Savings ..................................................... 8, 484 50 Bonds and securities: 29, 366 25 Commercial .............................................. Savings ......................... 34, 965 00 Due from banks in reserve cities: Commercial .............................................. 13, 769 86 Savings ..................................................... 13, 715 44 U. S. Bds. and Cert, of Ind. as legal reserve : Savings dept, only.............................. .. . 3, 000 00 Exch. for C. H. and checks on banks in same place: Commercial ....................................................... 4,361 30 Total cash on hand: Commercial ...................................................... 6,432 28 Overdrafts ..................................................... 82 45 Expenses, interest and taxes paid exceed ing earnings ................................................... 2,352 56 Banking house ...................................................... 2,530 21 Furniture and fixtures........................................ 5,494 79 Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $193, 827 60 Capital stock paid i n ................................... Surplus fund ................................................. Commercial deposits subject to check. . . . Cashier’ s checks .......................................... State moneys on deposit.............................. Savings deposits (book account)................ Savings certificates of deposit..................... Club savings deposits ................................ Total $25, 2, 74, 1, 10, 39, 37, 2, 000 500 811 540 000 631 956 388 00 00 88 25 00 23 24 00 $193, 827 60 122 STATE B A N K IN G D EPARTM ENT No. 740. PEOPLES STATE BANK , EAST TAW AS. Organized M ay 24, 1927. W. H. W allace, i r e c t o r s .-— W. L. P r e s id e n t; N D H. in a G. M cK a y , E. H aglund, V ice P r e s id e n t; A s sista n t G. N. Shattuck, C a sh ier ; C a sh ier . W a l la c e , L . G . M c K a y , W . A . E v a n s , R . G. J o h n H . S c h r ib e r , G. N . S h a t t u c k . S eh reck, F red J. A d am s, Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial . . Real estate mortgages: Commercial . Savings .............................. Bonds and securities : Commercial . . . Savings . . . Due from banks in reserve cities: Commercial Savings Total cash on hand: Commercial . . . . Overdrafts .............. Expenses, interest and taxes paid exceeding earnings ................... Banking house ......... Furniture and fixtures . . Total ........................... $42, 676 94 5, 750 00 12, 650 00 33, 942 50 21, 996 00 Capital stock paid i n ................................... Surplus fund ............................................... Commercial deposits subject to check. . . . Demand certificates of deposit................... Certified checks ............................................ Cashier’ s checks .......................................... Savings deposits (book account)................ Savings certificates of deposit..................... Club Savings deposits................................... $25, 5, 110, 1, 00 00 77 87 85 99 76 36, 654 68 14, 404 29 1, 402 25 41, 758 66 17, 910 00 000 000 843 361 260 H , 253 23 22 69 467 45 6, 000 00 600 00 $195, 027 47 Total $ 195, 027 47 ................................................... No. 53. *M ICHIGAN STATE B A N K OP EATON RAPIDS. Organized July 22, 1884. Corporate existence extended July 22, 1913. Ja m e s D H. Parks, G. W . i r e c t o r s .— W. P r e s id e n t: Jo h n B. T h um a, A s sista n t D a v id s o n C a sh ier j , B V ice P r e s id e n t; G. eulah L. T h u m a , A . Speers, A u d ito r. E . W e b s t e r , H . C. M in n ie , J o h n J . M ilb o u r n , J . H . P a r k s , G . A . S p e e r s , J o h n B . D a v id s o n , A . C r a n e , H . M . H u r d . E. C a sh ier - F. K napp Statement October 3, 1928. Resources. Loans and discounts: Commercial .............................................. Savings ..................................................... Real estate mortgages: Commercial .............................................. Savings ...................................................^ Bonds and securities : Commercial .............................................. Savings ..................................................... Due from Federal Reserve Bank: Commercial .............................................. Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Exch. for C. H. and checks on banks in same place: Commercial .............................................. Total cash on hand: Commercial .............................................. Savings ..................................................... Overdrafts ..................................................... Banking house .................... Furniture and fixtures................................... Other real estate ....................................... Customers’ bonds left with bank for safe keeping ..................................................... Outside checks, revenue stamps and other cash items ................................................. Stock of Federal Reserve bank.................. Total .............................................. $182, 945 02 81, 008 89 17, 004 00 89, 797 60 130, 500 00 137, 900 00 15, 755 45 13, 000 00 9, 757 36 1, 872 13 Capital stock paid i n ................................... Surplus fund ................................................ Undivided profits, net................................... Dividends unpaid .......................................... Reserved for taxes, interest, depreciation, etc................................ Commercial deposits subject to check. . . . Demand certificates of deposit.................. Certified checks ............................................ Cashier’ s checks .......................................... Savings deposits (book account)................ Savings certificates of deposit..................... Club savings deposits................................... Bills payable ................................................ Customers’ bonds left with bank for safe keeping ..................................................... $75, 000 00 15, 000 00 1, 811 25 237 12, 300 47 180, 121 03 43, 560 16 203 28 1, 026 87 385, 098 50 22, 512 25 10, 742 95 30, 000 00 10, 700 00 626 01 19, 000 00 591 41, 689 6, 557 26, 406 91 98 85 50 10, 700 00 266 43 2, 700 00 $ 7 8 8 ,0 7 9 13 Total $788, 079 13 * O n M a r c h 1, 1 9 2 8 T h e M ic h i g a n S t a t e B a n d o f E a t o n R a p id s p u r c h a s e d t h e a s s e t s a n d a s s u m e d t h e d e p o s i t l ia b il i t i e s o f T h e F a r m e r s S t a t e B a n k o f O n o n d a g a . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 123 STATE BAN K S OF M ICHIGAN No. 499. THE EAU CLAIRE STATE BANK , EAU CLAIRE. Organized March 14, 1912. H o m e r E . H e s s , P r e s i d e n t ; H a r r y H . H o gu e , V i c e P r e s i d e n t ; K . E . T a t m a n , C a s h i e r : D ir e c t o r s .— H o m e r E . H e s s , G e o . R . D a t e r , V e r e B e c k w it h , F r a n k G ilb e r t , R o y C la r k , H. H . H o g u e , A . W . F i l s t r u p , K . E . T a t m a n , A l f r e d S c h illin g . Statement October 3, 1928. Liabilities. Resources. Loans and disounts: Commercial .............................................. Savings ..................................................... Real estate mortgages: Savings ..................................................... Bonds and securities: Commercial ............................................... Savings ..................................................... Due from Federal Reserve bank: S avin gs..................................................... Due from banks in reserve cities: Commercial .............................................. Savings..................................................... Total cash on hand: Commercial ............................................... Savings ..................................................... Overdrafts ..................................................... Banking house .............................................. Furniture and fixtures.................................. Other real estate ................ ! ...................... Outside checks, revenue stamps and other cash ite m s ................................................. Total ................................................... $58, 338 62 18, 875 65 89, 516 91 Capital stock paid in .................................. Surplus fund.................................................. Undivided profits, net ................................ Commercial deposits subject to check. . . Savings deposits (book account)................. Savings Certificates of deposit.................... $20, 5, 1, 142, 70, 91, 000 000 290 971 300 732 00 00 75 34 43 49 24, 000 00 79, 565 67 9, 900 00 29, 776 10 6, 502 11 2, 236 73 2, 574 93 115 51 4, 924 14 2, 300 00 2, 243 57 425 07 $331, 295 01 Total ................................................... $331, 295 01 No. 716. DOWN RIV E R STATE BANK , ECORSE. Organized M ay 7, 1924. F r a n k X . L a f f e r t y , P r e s i d e n t ; G u y E . P o o l e y , C a s h ie r . D ir e c t o r s .— F r a n k X . L a f f e r t y , C h a s . L . H e id e , E d m u n d J . D u r o c h e r , T lie o . W . G. B. G il l m a n , A lfr e d Le B la n c , F. E. S a ll i o t t e , Q u is e n b e r r y . Statement October 3, 1928. Liabilities. Resources. Loans and discounts: Commercial .............................................. Savings ..................................................... Real estate mortgages: Commercial .............................................. Savings ..................................................... Bonds and securities: Commercial .............................................. Savings ..................................................... Due from banks in reserve cities: Commercial ............................................... Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reservei Savings dept, only................................... Total cash on hand: Commercial .............................................. Savings ..................................................... Overdrafts ..................................................... Banking house .............................................. Furniture and fixtures...................... Other real estate............................................ Accrued interest, receivable (n e t )............ Total ..................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $151, 190, 968 05 769 29 4, 900 00 193, 582 78 26, 500 00 138, 555 74 19, 042 27 50, 000 00 Capital stock paid i n ................................... Surplus fund ................................................ Undivided profits, net................................... Reserved for taxes, interest, depreciation, etc................................................................. Commercial deposits subjectto check. . . Certified checks ............................................ Cashier’ s checks .......................................... State moneys on deposit.............................. Savings deposits (book account)................ Savings certificates of deposit..................... Club savings deposits................................... Other liabilties ............................................ $50, 000 00 10, 000 00 8, 359 40 5, 071 53 179, 951 73 177 95 9, 015 11 7, 500 00 580, 785 77 241 69 7, 552 56 3, 514 36 5, 850 00 9, 3. 1. 29, 10, 13, 6, 308 822 575 667 200 451 975 91 21 94 53 33 22 83 $862, 170 10 Total ..................................................... $862, 170 10 124 STATE BA N K IN G DEPARTM ENT No. 614. ECORSE STATE BAN K , ECORSE. Organized March 21, 1918. One Branch. J o s e p h S a l l io t t e , P r e s i d e n t j G eo . H . K ir c h n e r , H o w a r d C. W a d e , M. C. B o u r a s s a , V i c e P r e s id e n t s ; A. 1 M c N iv e n . C a s h i e r ; C. J. L iv k r n o is , C. R . M ea d , A s s i s t a n t C a s h i e r s ; r . (). T a s c h e , A u d i t o r . D ïr e c t o r s .— M i c h a e 1 C . B o u r a s s a , J o h n S . H a g g e r t y , G e o . H . K ir c h n e r , E l m e r R . L a b a d ie , F O T a s c h e 011116’ C h a r le s F. B a h lo w , I. J. S a ll i o t t e , Joseph S a ll i o t t e , H ow ard C. W ade, Statement October 3, 1928. Resources. liabilities. Loans and discounts: Commercial ................................................... Savings ...................................... Real estate mortgages: Savings ................................................. Bonds and securities: Commercial ................................................... Savings ........................................................... Due from banks in reserve cities: Commercial ................................................... Savings .............................................. ' U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only...................................... Total cash on hand: Commercial ................................................... Overdrafts ............................................ Premium account ............................. Banking house...................................................... Furniture and fixtures.......................... Other real estate.............................................. Customers' bonds left with bank for safe keeping ........................................................ Total $175, 169 60 146, 001 12 499, 508 91 15, 000 00 32 4, 700 00 127, 477 52 3, 469 72 Capital stock paid in ...................................... Surplus fund ...................................................... Undivided profits, net...................................... Reserved for taxes, interest, depreciation, etc....................................................................... Commercial deposits subject to c h e ck ... Certified checks ................................................. Savings deposits (book acount).................. Savings certificates of deposit....................... Club savings deposits...................................... Customers’ bonds left with bank for safe keeping ........................................................... $ 1 0 0 ,0 0 0 00 40, 000 00 16, 899 94 8 , 366 357, 069 519 755, 119 236, 658 16, 653 71 46 08 29 54 40 10, 650 00 110 , 000 00 48, 054 845 1 , 000 65, 000 13, 000 2, 059 56 81 00 00 00 18 1 0 ,650 00 $1, 541, 936 42 Total $1, 541, 936 42 No. 193. EDMORE STATE BANK , EDMORE. Organized March 24, 1897. Corporate existence extended March 24, 1927. J o h n W . P b’ e if l e r , P r e s i d e n t ; H a r r y E . W a g a r , V i c e P r e s i d e n t ; A l v in W . K r o u s e , A s s i s t a n t C a s h ie r . D ir e c t o r s .— E d w in K . H o r t o n , W m . A . W o o d , L u c ia n C . P a lm e r , C . B . L a C le a r , John W. P fe ifle r , H arry E. W agar. Statement October 3, 1928. Resources. Loans and discounts: Commercial ................................................. Savings ........................................................... Real estate mortgages: Commercial ................................................. Savings ........................................................... Bonds and securities: Commercial ................................................. Savings ........................................................... Due from federal reserve bank: Commercial ................................................. Savings ........................................................... Due from banks in reserve cities: Commercial ................................................ Savings ........................................................... Total cash on hand: Savings ........................................................... Overdrafts ........................................................... Banking house ................................... Furniture andfixtures....................................... Other real estate.............................................. Stock of federalreserve bank.................... T o t a l........................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $57, 729 95 59, 473 20 3, 800 00 1 1 3 , 6 6 8 33 38 , 618 6 8 1 3 4 , 616 6 6 Capital stock paid in ..................................... Surplus fund........................................................ Undivided profits, net .................................... Commercial deposits subject to check. . . . Demand certificates of deposit....................... Cashier’ s checks .............................................. Savings deposits (bookaccount) . . . . . . . Savings certificates ofdeposit........................ $3 0 , 10, 4, 105,’ 000 00 000 00 871 39 944 96 3 00 72 95,’ 435 94 24 8, 989 77 2 , 31 0 25, 784 26 10,’ 000 00 8 , 982 67 19, 764 69 9, 300 142 945 279 250 200 3, 4, 6, 1, 91 02 00 41 00 00 $4 97 , 555 78 T o t a l........................................................... $497, 555 7g 125 STATE BAN K S OF M ICHIGAN No. 129. E L K RA PID S STATE BA N K , E L K RAPIDS. Organized November 6, 1892. Corporate existence extended November 6, 1921. Ch as . B. Carver, P r e s id e n t; E D i r e c t o r s .— A. B. C. D. dward D T owne urkee, , J. B. G r if f in , V ice P r e s id e n ts ; C a sh ier . F a ir b a n k s , C h a r le s B . C a r v e r , C. D . T o w n e , J o h n C. M o r r i s o n , E d w . D u r k e e , J . B . G riffin . F. R. W i ll ia m s , Statement October 3, 1928. Liabilities. Resources. Loans and discounts: Commercial .............................................. Savings ..................................................... Real estate mortgages: Commercial .............................................. Savings ..................................................... Bonds and securities : Commercial .............................................. Savings ..................................................... Due from federal reserve bank: Commercial .............................................. Savings .................................. Due from banks in reserve cities: Savings ..................................................... Total cash on hand: Commercial .................................... Savings .................................. Overdrafts ..................................................... Taxes paid for shareholders..................... Banking house .............................................. Furniture and fixtures................................... Other real estate............................................ Customers’ bonds left with bank for safe keeping ..................................................... Outside checks, revenue stamps and other cash items................................................... Stock of federal reserve bank..................... Other assets ................................................... Total ................................................... $.102, 521 28 61, 454 24 16, 675 00 102, 767 54 9, 700 00 66, 600 00 8, 000 00 8, 568 29 Capital stock paid i n .................................. $ Surplus fund .............................................. Undivided profits, net................................... Reserved for taxes, interest, depreciation etc................................................................. Commercial deposits subject to check. . . . Cashiers’ checks............................................ Savings deposits (bookaccount)................. Savings certificates of deposit....................... Customers’ bonds left with bank for safe keeping ..................................................... Other liabilities............................................ 35, 000 00 15, 000 00 6, 098 06 700 121, 378 1 ,3 3 8 228, 779 32, 788 00 33 50 53 13 128, 150 00 349 72 16, 375 24 5, 000 00 4, 869 47 169 85 79538 4, 000 00 7, 450 00 24, 332 17 128, 150 00 61021 1, 500 00 43 60 $569, 582 27 Total ................................................... $569, 582 27 No. 753 *THE ELK TO N STATE BANK , ELKTON. Organized March 22, 1928. O sc ar R o g e r s, P r e s id e n t j F rank W C a sh ier j E. J. R a m s e y e r D i r e c t o r s .— . H , A ubbard, s sista n t O scar R og ers, F ra n k M. John R yan, V ic e P C a sh ier ; D onald W . H u bbard, John L . A ck erm an . r es id e n ts ; W il s o n , M. L. A ckerm an A u d ito r. , R y a n , J am es L . B u rg ess, Statement October 3, 1928. Liabilities. Resources. Loans and discounts: Commercial .............................................. Savings ..................................................... Real estate mortgages: Savings ..................................................... Bonds and securities: Commercial .............................................. Due from banks in reserve cities: Commercial .............................................. Savings ..................................................... Exch. for C. H. and checks on banks in same place............................................ Total cash on hand: Commercial .............................................. Overdrafts ..................................................... Banking house.............................................. Furniture and fixtures................................... Customers’ bonds left with bank for safe keeping ..................................................... Total $203, 780 67 26, 766 10 13, 574 40 53, 525 00 33, 284 50 9, 443 20 164 13 5, 1, 10, 2, 221 57 326 38 000 00 500 00 5, 750 00 $365, 335 95 ♦ C o m m e n c e d b u s in e s s A p r i l 2, 1 9 2 8 . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Capital stock paid i n .......................... $20, 000 00 Surplus fund....................... 4, 000 00 Undivided profits, net.......................... 4, 435 43 Reserved for taxes, interest, depreciation, etc........................................................ 3, 551 22 Commercial deposits subject to check. . .. 64, 747 69 Certified checks.............................................. 42 67 Cashiers’ checks............................................ 337 94 Time commercial certificates of deposit.. 223, 204 38 Savings deposits (book account)..... 39, 266 62 Customers’ bonds left with bank for safe keeping ..................................................... 5, 750 00 Total $365, 335 95 126 STATE BAN K IN G DEPARTM ENT No. 342. THE STATE SAVINGS B A N K OF ELSIE. Organized June 15, 1906. E . G. V a n D e u s e n , V i c e P r e s i d e n t ; T h o m a s P . S t e a d m a n , Cashier; W . S. L u s k , A s s i s t a n t C a s h i e r . D i r e c t o r s .— C. D . B a t e s , T h o m a s P . S t e a d m a n , W . S. L u s k , E . G . V a n D e u s e n , J. G. Sh ow . C. D . B a t e s , P r e s id e n t; Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial .............................................. Real estate mortgages: Commercial ....................................... Savings ......................................... Bonds and securities: Commercial ....................................... Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Total cash on hand: Commercial .............................................. Savings ................................................ Overdrafts .............................................. Banking house................................ .. Furniture and fixtures......... Other real estate............................................ Customers’ bonds left with bank for safe keeping ..................................................... Other assets ..................................... $267, 699 41 5, 938 13 115, 397 14 51, 000 00 40, 000 00 CO CO 58, 86 15, 000 00 Capital stock paid i n ................................... Surplus fund............................ ... Undivided profits, net................................... Reserved for taxes, interest, depreciation, etc................................................................. Commercial deposits subject to check. Demand certificates of deposit.................. Cashier’ s checks..................................... ’ ’ , Savings deposits (book account)............ Savings certificates of deposit.................... Customers’ bonds left with bank for safe keeping ................................ * ................. Other liabilities................................ $35, 000 00 14, 200 00 995 98 5, 167, 267, 3, 51, 70, 260 220 446 591 290 512 00 88 18 01 12 90 11, 750 00 4, 000 00 7, 007 83 10, 000 00 256 66 15, 000 00 3, 380 00 26, 503 04 11, 750 00 4, 000 00 Total $631, 267 07 Total $631, 267 07 No. 619. CITIZENS STATE BAN K , EMMETT. Organized March 29, 1918. A D ndrew N olan, i r e c t o r s .— P r e s id e n t; A n d rew N o la n , P e t e r J. G r a c e , V i c e M argaret G l ea so n , A P e ter J. P r e s id e n t; F. V. M cC a b e , Cashier- u d ito r. G ra ce, F ra n k K e o u g h , M a r t in S t a p le t o n . 3 D a v id Rynn, Eph. D u n sm ore Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial .............................................. -Savings ..................................................... Real estate mortgages: Commercial .............................................. Savings ............................................". ' . Bonds and securities: Savings ..................................................... Due from banks in reserve cities: Commercial ............................................... Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Total cash on hand: Commercial ................................................ Savings ..................................................... Overdrafts ..................................................... Banking house............................................’ ’ Furniture and fixtures......................... ..... . . Other real estate............................................ Customers’ bonds left with bank for safe keeping ..................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2, 360 00 42, 075 00 7, 500 00 $20, 000 3, 200 2, 719 32, 739 19, 051 70, 907 00 00 82 06 05 07 iqo 00 10, 493 92 3, 000 00 10, 300 00 5, 258 500 1, 118 3, 500 1, 800 1, 416 62 00 10 00 00 00 H-* OO 100 00 ■m Total $44, 635 62 14, 659 74 Capital stock paid i n ................................ Surplus fund................................................... Undivided profits, net................................... Commercial deposits subject to check. . . . Time commercial certificates of deposit. . . Savings Deposits (book acount)................ Customers’ bonds left with bank for safe keeping ................................ .................... 717 00 Total $148, 717 00 127 STATE BAN K S OF M ICHIGAN No. 508. EM PIRE STATE BA N K , EMPIRE. Organized M ay 1, 1912. E. H D arvey W i r e c t o r s .— il c e , E. P r es id e n t; H arvey F r a n k l in G. E . A . V o ic e , Peck, V ice A ssista n t W i lc e , E . A . V o i c e , L . H. P r e s id e n t; G eo. Jo h n so n , C a sh ier ; C a sh ier . S ta ce y , F r a n k li n G. P eck , G eo. J oh n son . Statement October 3, 1928. Liabilities. Resources. Loans and discounts: Commercial ..................................... Savings ............................................ Real estate mortgages: $32, 301 30 47, 033 34 Savings ............................................ Bonds and securities: Savings ............................................ Due from banks in reserve cities: Commercial ..................................... Savings ............................................ U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only......................... Total cash on hand: Commercial ..................................... Savings ............................................ Overdrafts ............................................ Banking hou se..................................... Furniture and fixtures......................... Other real estate................................ Customers’ bonds left with bank for safe keeping ............................................ Outside checks, revenue stamps and other cash items......................................... 800 00 55, 879 92 42, 000 00 14, 929 34 25, 000 00 $25, 000 00 4, 000 00 81 72 100 21 Commercial deposits subject to check. . . . Cashiers’ checks............................................ Savings deposits (book account)................ Savings certificates of deposit.................. Customers’ bonds left with bank for safe keeping .............. ................................ 57, 1, 133, 28, 777 613 725 015 51 31 73 01 1, 500 00 10, 350 00 1, 737 99 1, 500 00 110 98 3, 000 00 2, 350 00 13, 277 90 1, 500 00 42 72 $251, 813 49 Total ............................................ Capital stock paid i n ................................... Surplus fund................................................... Undivided profits, net................................... Reserved for taxes, interest, depreciation, Total ..................................................... $251, 813 49 No. 700. ERIE STATE BA N K , ERIE. Organized June 15, 1923. B B. D F oyez D ansard, C h a ir m a n r e id e n b e r g , P r e s i d e n t : A u s t in E . S h in e v a r , V i c e P r e s i d e n t s ; F red L . B u y e a , C a s h i e r ; i r e c t o r s .— o f B oa rd . O l iv e r J. G o l d e n , W m . D . L E va G. K o e , A s s i s t a n t C a s h i e r . a P o in t e , B . F r e id e n b e r g , B o y e z D a n s a r d , A u s t i n E . S h in e v a r , F r e d L . B u y e a , D a n s a r d , O li v e r J. G o ld e n , W m . D . L a P o i n t e , J a c o b S t e in b r e n n e r . E. L. Statement October 3, 1928. Liabilities. Resources. Loans and discounts: Commercial .............................................. Real estate mortgages: Savings ..................................................... Bonds and securities: Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Savings ..................................................... Total cash on hand: Commercial .............................................. Savings ..................................................... Premium account............................................ Banking house.............................................. Furniture and fixtures................................ Due from banks other than in reserve cities .......................................................... Customers’ bonds left with bank for safe keeping .................... Total ..................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $80, 775 28 97, 303 00 127, 715 37 10, 425 28 35, 512 88 5, 384 5, 000 1 ,1 8 1 6, 500 5, 750 67 00 84 00 00 Capital stock paid i n ................................... Surplus fund................................................... Undivided profits, net................................... Reserved for taxes, interest, depreciation, e t c ............................................................... Commercial deposits subject to check. . . . Savings deposits (book account)................ Savings certificates of deposit..................... Club savings deposit..................................... Customers’ bonds left with bank for safe keeping ..................................................... $20, 000 00 4, 000 00 5, 528 83 Total ..................................................... $391, 3 3 3 '2 7 87, 187, 72, 3, 893 255 886 574 494 67 39 21 41 76 9, 700 00 6, 084 95 9, 700 00 $391, 333 27 128 STATE BA N K IN G D EPARTM ENT No. 299. THE STATE SAYINGS BA N K , ESCANABA. Organized November 2, 1904. W . R. S m it h , P r e s id e n t; G a s h ie r D i r e c t o r s .— Jas. O. N . H u g h it t , C. W . M alloch , ; C . R . YVi c k m a n , E . O . P e r r o n , V ice P r e s id e n ts ; A s sista n t W m . W a k m in g t o n , C a sh ier s. B . W ilk i n s o n , O. N . H u g h i t t , O . B . F u ll e r , W . R . S m it h , C. W . M a l lo c h , P . J . G r o o s , L . A . E r i c k s o n , A . J . Y o u n g . P eter O is o n , Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial .............................................. Savings .............................................. R e a l estate mortgages: Savings .............................................. Bonds and securities: Commercial .............................................. Savings .......................................... Due from banks in reserve cities: Commercial ............................................ .. Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only.................................. Exch. for C. II. and checks on banks in same place: Commercial ....................................... Total cash on hand: Commercial .............................................. Overdrafts .............................................. ' Banking house.............................................. Furniture and fixtures.................. .. Other real estate......................... ... Due from banks other than in reserve cities .......................................................... Customers’ bonds left with bank for safe keeping ..................................................... Outside checks, revenue stamps and other cash items................................ Total $368, 682 96 387, 686 92 399, 548 53 236, 084 75 644, 211 59 71, 623 33 83, 673 41 Captai stock paid i n ................................... Surplus fund................................................... Undivided profits, net................................... Dividends unpaid.................................... Commercial deposits subject to check. . . . Certified checks.............................................. Cashier’ s checks............................................ State moneys on deposit........................... U. S. government deposits........................ Time commercial certificates of deposit. . Savings deposits (books account).............. Customers’ bonds left with bank for safe keeping ....................... ............................. $100, 000 00 100, 000 00 77, 099 52 90 00 5 2 0 ,9 4 1 30 1 ,0 5 6 25 13, 569 19 i o , 000 00 6 8 ,6 1 4 48 62, 174 41 1, 547, 786 03 23, 350 00 155, 000 00 6, 737 79 54, 736 893 35, 500 6, 000 22, 695 07 51 00 00 16 21, 346 57 23, 350 00 6, 910 59 $2, 524, 681 18 Total „. $2, 524, 681 18 No. 520. STATE SAVINGS BAN K , ESSE XV ILLE. Organized November 19, 1912. W i l l i a m P . K a v a n a u g h , P r e s i d e n t ; H u b e r t J . G a f f n e y , V i c e P r e s i d e n t ; L eo J. N a va r r e f.„ r. „ . „ G a s l n e r ; E . A . H a r r is , A s s i s t a n t C a s h i e r . D i r e c t o r s .— W i ll ia m P . I v a v a n a u g li, L e o J . N a v a r r e , H u b e r t J . G a ffn e y , J a m e s E . D a v id s o n , O tto R. G arber, E liz a b e th C ou m ans. Statement October 3, 1928, Resources. Liabilities. Loans and discounts: Commercial ....................................... Real estate mortgages: Commercial .............................................. Savings .......................................... Bonds and securities: Commercial .............................................. Savings ................................ .. Due from banks in reserve cities: Commercial .............................................. Savings ..................................... U. S. Bds. and Cert, of ind. as iegal reserve: Savings dept, only................................... Total cash on hand: Commercial ............................................... Savings ................................ .. . . . ! . ! Overdrafts .............................................. .. Banking house.............................. Furniture and fixtures................ .. Other real estate..................................... Customers’ bonds left with bank for safe keeping ..................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1, 693 20 130, 912 72 28, 000 00 135, 950 00 10, 000 00 37, 222 71 20, 10, 3, 99, 000 000 465 628 496 288, 755 5, 228 4, 718 00 00 23 45 06 96 00 00 5, 000 00 3, 050 00 6, 000 00 6, 186 87 64 98 3, 750 00 1, 700 00 2, 290 00 ■€* 5, 000 00 CO ^4 Total $65, 471 22 Capital stock paid i n ................................... Surplus fund..................................... . . . . . ' . Undivided profits, net....................... ’ ’ . ” Commercial deposits subject to check.. . . Cashier’ s checks..................................... Savings deposits (book account) . .'.'.'.'. Savings certificates of deposit..................... Club savings deposits............................’ ’ ’ Customers’ bonds left with bank for safe keeping ..................................................... 291 70 Total $437, 291 70 STATE BAN K S OF M ICHIGAN 129 No. 553. THE STATE B A N K OF EWEN, EWEN. Organized October fi, 1914. E . J. H D um phrey, E. ir e c t o r s . P r es id e n t j E dw . E r ic k s o n , Jambs N. H M . A n d e r s o n , C a s h i e r j O. E . H a n s o n , J. H u m p h r e y , J a m e s N . H o w l e t t , J. F . E d w . E r ic k s o n . ow lett, A s sista n t V ice P r es id e n ts * A ndrew C a sh ier . F o g le s o n g , A n drew M. A n derson , Statement October 3, 1928. Resources. Loans and discounts: Commercial .............................................. Savings ..................................................... Real estate mortgages Savings ..................................................... Iionds and securities : Commercial .............................................. Savings ..................................................... hue from federal reserve bank: Commercial .............................................. Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Savings ................................................ [ . Total cash on hand: Commercial .............................................. Savings ..................................................... Overdrafts ..................................................... Banking house................................................ Furniture and fixtures................................... Other real estate............................................ Due from banks other than in reserve c it i e s .......................................................... Customers’ bonds left with bank for safe keeping ..................................................... Stock of federal reserve bank..................... Total ..................................................... Liabilities. $116, 719 40 101, 150 00 36, 717 00 11, 000 00 93, 410 67 9, 700 68 8’ 000 00 27, 745 71 27^ 000 00 Capital stock paid i n ................................. Surplus fund ................................................ Undivided profits, net. . .............................. Dividends unpaid ......................................... Commercial deposits subject to check. . . . Demand certificates of deposit..................... Certified checks.............................................. Cashier’s checks .......................................... Due to other banks and bankers................ Savings deposits (bookaccount).................. Savings certificates of deposit..................... Customers’ bonds left with bank for safe . keeping ..................................................... $25, 000 00 25, 000 00 2, 842 54 68 00 136, 247 94 5, 265 09 204 10 7, 014 93 24937 181, 639 04 93, 515 93 2, 000 00 7, 717 56 5, 000 00 308 39 20, 500 00 5, 500 00 3, 420 34 1, 657 19 2, 000 00 1, 500 00 $479, 046 94 Total ..................................................... $479, 046 94 No. 736. FAIRGROVE STATE BANK , FAIRGROVE. Organized February 17, 1927. J. H. F ahrner, P r e s id e n t; W. H. A. D i r e c t o r s ^— R. W a l l a c e , J r ., L undean, C a F. R. A dam s, V ice P r es id e n ts ; sh ier . J . H . F a h r n e r , W m . H . W a l la c e , J r ., W m . H . W a l la c e , F . R . A d a m s , U. G. S poh n. Statement October 3, 1928. Resources. Loans and discounts : Commercial .............................................. Bonds and securities: Commercial .............................................. Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Total cash on hand: Commercial .............................................. Savings ..................................................... Overdrafts ..................................................... Premium account............................................ Expenses, interest and taxes paid exceed ing earnings ............................................ Banking house................................................ Furniture and fixtures................................ Customers’ bonds left with bank for safe keeping ..................................................... Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $49, 950 06 4, 956 25 29, 278 30 17, 398 70 1, 945 58 3, 825 37 92 51 94 00 Capital stock paid i n .................................. Surplus fund............................... Commercial deposits subject to check. . . . Certified checks ............................................ Cashier’ s checks .......................................... Time commercial certificates of deposit. .. Savings deposits (book account)............. Savings certificates of deposit.................... Customers’ bonds left with bank for safe keeping ................ .. . ............................ $25, 000 00 2, 500 00 36, 239 39 2 00 701 17, 911 73 9, 500 66 23, 603 01 100 00 1, 523 03 4, 700 00 1, 000 00 100 00 $114, 863 80 Total $114, 863 80 130 STATE BA N K IN G DEPARTM ENT No. 460. THE FARM IN GTON STATE SAVINGS BAN K , FARMINGTON. Organized September 6, 1910. M. W H oward D i r e c t o r s .— arner, P r e s id e n tj H in m a k M . B . P ie r c e , G. N i c h o i .s , V ice P r e s id e n ts E dgar A s sista n t C a sh ier . S. P i e r c e , C a sh ier ; H o w a r d M . W a r n e r , M . B . P ie r c e , H a r r y N . M c C r a c k e n , H . A . S c h r o e d e r , G . G a le C o llin s , E d g a r S. P ie r c e , I s a a c B o n d , C. Ii. T a lb o t , C l i n t o n M c G e e , H a r le y D . W a r n e r , O lin R u s s e ll, E . O. H a t t o n , F l o y d H . N ic h o ls . Statement October 3, 1928. Liabilities. Resources. Loans and discounts : Commercial ............................................ Savings ..................................................... Real estate mortgages: Commercial ........................................... Savings ..................................................... Bonds and securities: Commercial ........................................... Savings ..................................................... Due from federal reserve bank: Commercial ............................................ Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Total cash on hand: Commercial ............................................ Savings ..................................................... Overdrafts ................................................ « . Furniture andfixtures.................................... Other real estate.......................................... Customers’ bonds left with bank for safe keeping ..................................................... Stock of federal reserve bank.............. Accrued interest,receivable (n e t )............... T o t a l..................................................... $244, 664 18 148, 578 97 21, 088 92 455, 760 44 284, 000 00 55, 000 00 24, 352 83 26, 000 00 61, 782 33 18, 953 14, 966 1 ,6 0 3 15, 000 516 25 15 87 00 23 Capital stock paid i n ................................... Surplus fund................................................... Undivided profits, net.............................. .. Diddends unpaid.......................................... Reserved for taxes, interest, depreciation, etc...................... Commercial deposits subject to check. . . . Cashier’ s checks............................................ Time commercial certificates of deposit. . Savings deposits (book account).............. Savings certificates of deposit..................... Club savings deposits................................... Notes and bills rediscounted..................... Bills payable................................................ Customers’ bonds left with bank for safe keeping ..................................................... $40, 000 00 30, 000 00 12, 148 94 796 00 24, 671 333, 548 4, 516 210, 524 638, 647 6, 932 6, 401 5, 226 7 0 ,0 0 0 14 96 09 02 72 92 15 00 00 3, 150 00 3, 150 00 2, 100 00 9, 045 77 $1, 386, 562 94 Total $1, 386, 562 94 No. 608. P E O P L E ’S STATE BA N K , FARMINGTON. Organized June II, 1917. Jam es L. H ogle, F it z p a t r ic k , C C h a r l e s II. E l y , C h a i r m a n o f B o a r d . P r e s id e n t; J. A . M il l e r , B eo F . G i l d e m e is t e r , V i c e P r e s i d e n t s : J ohn a sh ier ; G e o . C. G i l d e m e i s t e r , A s s i s t a n t C a s h i e r ; L a w r e n c e R . T a y l o r , A u d ito r. D E r n e s t V . B l a n c h a r d , C h a s . H . E ly , J a m e s L . H o g le , J a m e s A . M ille r , F i t z p a t r ic k , E . F . H o lc o m b , C a r l G . H o g le , L e o F . G ild e m e is t e r , E m i l R o o s . i r e c t o r s .— John Statement October 3, 1928. Resources. Loans and discounts : Commercial ..................... Savings ............................ Real estate mortgages: Commercial..................... Savings ............................ Bonds and securities: Commercial ................ Savings ............................ Due from banks in reserve cities Commercial ..................... Savings ....................... U. S. Bds. and Cert, of Ind. as legal reserve : Savings dept, only.................. Exch. for C. H. and checks on banks in same place: Commercial ..................... Total cash on hand: Commercial..................... Overdrafts ......................... Banking house....................... Furniture and fixtures. . . . Customers’ bonds left with bank for safe keeping ............................ Other assets ....................... T o t a l..................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $169, 114 74 127, 689 29 6 , 717 40 203, 931 14 25, 620 00 171, 843 75 59, 391 93 38, 000 00 30, 350 00 Capital stock paid i n ................................... Surplus fund................................................... Undivided profits, net................................... Dividends unpaid............................................ Reserved for taxes, interest, depreciation, etc........................ Commercial deposits subject to check. . . . Demand certificates of deposit.................. Certified checks.............................................. Cashier’ s checks......................... Savings deposits (book account).............. Savings certificates of deposit..................... Club savings deposits................................... Customers’ bonds left with bank for safe keeping ........................ $50, 000 00 15, 000 00 8, 342 38 36 00 7, 000 00 165, 550 34 84, 092 03 509 96 6 ,3 2 9 52 514, 605 44 33, 445 25 5, 839 25 17, 650 00 595 79 12, 519 659 32, 000 10, 000 27 43 00 00 17, 650 0 Ò 2, 317 43 $908, 400 17 Total $908, 400 17 STATE BAN K S OF M ICHIGAN 131 No. 629. FAR W E LL STATE SAVINGS BAN K , FAR W ELL. Organized July 5, 1919. J o s ia h L . L it t l e f ie l d , P r e s i d e n t ; G erald E . L a m b , A l l e n R . G r a h a m , C a s h i e r ; B e r n a r d S. S c h o f i e l d , R obt. Carson, A u d ito r s . D i r e c t o r s .— J o s ia h L. E dward A ssista n t L i t t le f i e ld , A l l e n R . G r a h a m , E d w a r d R o b e rt C a rso n , C h as. A . G ra h a m . B. Glass, V ic e P r e s id e n ts ; ; Ch as. A. Grah am , C a sh ier B. G la s s , G e r a ld E. Lam b, Statement October 3, 1928. Liabilities. Resources. Loans and discounts: Commercial .............................................. Savings ..................................................... Real estate mortgages: Commercial .............................................. Savings ..................................................... Bonds and securities: Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve : Savings dept, only................................... Total cash on hand: Commercial .............................................. Savings ..................................................... Overdrafts ..................................................... Banking house......... ....................................... Furniture and fixtures................................ Other real estate............................................ Total $57, 484 99 26, 802 95 8, 091 14 25, 502 50 Capital stock paid i n ................................... Surplus fund ............................................. Undivided profits, net ................................ Commercial deposits subject to check. . . . Demand certificates of deposit................ Savings deposits (book account).............. Savings certificates of deposit.................. $20, 000 00 1, 300 00 571 55 58, 313 31 5, 092 70 50, 581 45 38, 759 88 25, 890 00 5, 226 99 6, 000 00 2, 450 00 5, 918 44 2, 700 00 51 88 3, 000 00 2, 000 00 3, 500 00 $174, 618 89 $174, 618 89 Total No. 215. THE OLD STATE BAN K , FEN N VILLE . Organized March 14, 1899. J. E . H D u t c h in s o n i r e c t o r s .— P r e s i d e n t j P eter H . B roe, V i c e P r e s i d e n t ; W . J. H u t c h in s o n , C a J . E . H u t c h in s o n , W . J . H u t c h in s o n , M . C. H u t c h in s o n , J o h n B a r r o n , P e te r H . B roe. , sh ier . Statement October 3, 1928. Liabilities. Resources. Loans and discounts: Commercial .............................................. Savings ..................................................... Real estate mortgages: Commercial .............................................. Savings ..................................................... Bonds and securities: Savings ..................................................... Due from Federal Reserve bank: Commercial .............................................. Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Savings ..................................................... Total cash on hand: Commercial .............................................. Savings ..................................................... Overdrafts ..................................................... Banking h ou se.............................................. Furniture and fixtures....................... ........... Customers’ bonds left with bank for safe keeping ....................................................... Stock of Federal Reserve bank.................. T o t a l ..................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $133, 278 52 41, 181 25 7, 810 75 94, 204 93 203, 800 00 91, 201 62 42, 018 12 7, 124 94 50, 769 62 26, 300 13 Capital stock paid in ................................ Surplus fund ................................................. Undivided profits, net................................... Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject to check. . . Demand certificates of deposit..................... Cashier’ s ch eck s............................................ Savings deposits (book account)............ Savings certificates of deposit.................. Club savings deposits................................... Customers’ bonds left with bank for safe keeping ..................................................... $50, 000 00 15, 000 00 7, 884 18 19, 012 89 201, 375 43 195, 216 02 19 26 3, 563 34 212, 257 97 42, 266 53 2, 916 00 50 00 5, 778 50 5, 778 51 4 76 28, 851 15 9, 458 82 50 00 1, 950 00 $749, 561 62 Total ..................................................... $749, 561 62 132 STATE B A N K IN G D EPARTM ENT No. 209. THE COMMERCIAL STATE SAYINGS BANK , FENTON. Organized September 15, 1898. Corporate existence extended September 15, 1928. F. A. C h a p in , P r es id e n ts E . II. S t i l e s J. H . J a d w i n , V i c e P r e s i d e n t ; C a s h i e r ; M. E. K e lle h e r , A s s i s t a n t C a sh ier . D. E. K elleh er, D i r e c t o r s .— E . H . S t ile s , J . H . J a d w in , J . S. C h e s tn u t , M . H . M c K u g h , F . A . C h a p in , D. E . K e lle h e r . Statement October 3, 1928. Resources. Loans and discounts: Commercial .................... Savings ..................................................... Real estate mortgages: Commercial .............................................. Savings ..................................................... Bonds and securities: Savings ..................................................... Due from Federal Reserve bank: Commercial ............................................ Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Savings .................................................... Exeh. for C. H. and checks on banks in same place: Commercial .............................................. Total cash on hand: Commercial .............................................. Savings ..................................................... Overdrafts ..................................................... Banking house ............................................ Furniture and fixtures................................... Other real estate ....................................... Customers’ bonds left with bank for safe keeping ..................................................... Stock of Federal Reserve bank................... Total ..................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $181, 301 89 138, 845 24 10, 000 00 248, 687 22 75, 500 00 17, 437 31 15, 000 00 826 60 23, 761 46 Capital stock paid in ................................... Surplus fund ............. Undivided profits, net................................... Dividends unpaid ....................................... Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject to check. . . . Time commercial certificates of deposit.. Savings deposits (book account)................. Savings certificates of deposit.................. Club savings deposits................................... Customers’ bonds left with bank for safe keeping ..................................................... $50, 000 00 25, 000 00 8, 901 13 120 00 3, 428 00 126,569 16 5 9 ,3 7 0 05 380, 639 01 108, 702 74 6, 526 37 75, 850 00 2, 892 91 12, 138 76 5, 000 00 724 81 14, 000 00 7, 750 00 12, 940 26 75, 850 00 2, 450 00 $845, 106 46 Total ........................................................ $845, 106 46 STATE BAN K S OF M ICHIGAN 133 No. 384. FENTON STATE SAVINGS BA N K , FENTON. Organized September 26, 1907. C h a r l e s .T. C a m p b e l l , H it c h c o c k , V i c e P r e s E. P r es id e n t ; id e n t a n d A. P h il ip s C a sh ier ; V. M. , S. R . O ’ B r i e n , V i c e P r e s i d e n G o o d r ic h , H . W . H it c h c o c k , ts ; F. H. A s sista n t C a sh ier s. D i r e c t o r s .— C h a r le s J. C a m p b e ll, F . I I . H it c h c o c k , E . W . D a v id s o n , P h il li p s , S. R . O ’ B r ie n , H . W . H i t c h c o c k . G eorge G reen , E. A. 000 000 420 554 235 250 717 121 465 00 00 05 03 00 00 82 07 34 Statement October 3, 1928. Resources. Loans and discounts: Commercial .............................................. Savings..................................................... Real estate mortgages: Savings ..................................................... Bonds and securities: Savings ..................................................... Due from Federal Reserve bank: Commercial ....................... ....................... Savings ..................................................... Due from banks in reserve cities: Commercial ............................................ Savings ................................................... Exch. for C. H. and checks on banks in same place: Commercial .............................................. Total cash on hand: Commercial .............................................. Savings ..................................................... Overdrafts ....................................... ............ Banking house ............................................ Furniture and fixtures....................... .. Other real estate .......................................... Customers’ bonds left with bank for safe keeping ..................................................... Outside checks, revenue stamps and other cash items ................................................ Stock of Federal Reserve bank................... Liabilities. $234, 618 38 49, 020 50 383, 109 60 143, 000 00 16, 446 08 21, 000 00 Capital stock paid in ................................. Surplus fund ................................................. Undivided profits, net................................... Commercial deposits subject to check. . . . Demand certificates of deposit..................... Certified checks .................... Savings deposits (book account).............. Savings certificates of deposit..................... Club savings deposits.................................. Customers’ bonds left with bank for safe keeping ..................................................... 22, 200 00 8, 260 67 89, 591 44 425 08 10, 211 40 15, 000 00 149 21 22, 500 00 7, 755 96 26, 076 47 22, 200 00 98 52 1, 500 00 $1, 050, 963 31 Total L, 050, 963 31 Total $25, 25, 15, 210, 23, 4, 509, 207, 8, No. 626. FEN W ICK STATE BAN K , FENW ICK. Organized December 31, 1918. W alter W . R oot, P r e s i d e n t j Jo s. D i r e c t o r s .— W a l t e r W . R o o t , J o s . Bonsall, V ice P r es id e n t j G lee W. W ic k e t t , C a sh ier . B o n s a ll , R . E . C h a p m a n , E r v o n N o r t h , E . J . K in d e ll , F r e d O ls e n . Statement October 3, 1928. Liabilities. Resources. Loans and discounts: Commercial .............................................. Real estate mortgages: Savings ................................ Bonds and securities: Commercial .............................................. Savings ................................................... Due from banks in reserve cities: Commercial ............................................... Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Total cash on hand: Commercial .............................................. Savings ..................................................... Overdrafts ..................................................... Banking house .......................................... Furniture and fixtures................................. Outside checks, revenue stamps and other cash items .............................................. T o t a l..................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $59, 935 45 14, 850 00 6, 000 00 21, 900 00 Capital stock paid in ................................... Surplus f u n d ................................................. Undivided profits, net................................. Commercial deposits subject to check. . Demand certificates of deposit................ Savings deposits (book account)............ Savings certificates of deposit..................... $20, 000 1 ,7 0 0 2, 961 16, 561 44, 817 2 5 ,1 9 7 10, 324 00 00 35 07 70 15 06 5, 202 61 5, 515 56 1, 071 25 2 ,1 3 3 1. 000 64 2, 500 1, 350 63 00 86 00 00 37 97 $121, 561 33 Total ................................................... $121, 561 33 134 STATE BA N K IN G D EPARTM ENT No. 650. AM ER ICAN STATE BAN K , FERNDALE. Organized December 10, 1919. F W . D alby, C a sh ier ; C a sh ier s. red and D i r e c t o r s .— H. D e g e n lia r d t , L. D a v is . P r e s id e n t; H ndrew S. A . B. W allace, V M cG e a c h y , G uy ice P r e s id e n t; St a r k , W. L e w i s W a l t o n , Vice M e n d e l E . M e d a l ie , President Assistant B . W a l la c e , F r e d W . D a lb y , C a lv in N . S m it h , A d o l f H . S c h m id t , T h e o L . H e n r y S. K o p p i n , L e w i s W a lt o n , G o r d o n F e a r n le y , H . C . M u n r o , W i l l i a m Statement October 3, 1928. Resources. Loans and discounts: Commercial .............................................. Savings ...................................................... Real estate mortgages: Savings ..................................................... Bonds and securities: Commercial ............................................... Savings ...................................................... Due from banks in reserve cities: Commercial .............................................. U. S. Bd. and Cert, of Ind. as legal reserve : Savings dept, only................................... Exch. for C. H. and checks on banks in same place: Commercial .............................................. Total cash on hand: Commercial .............................................. Savings ....................... Overdrafts ..................................................... Banking house ......................................... Furniture and fixtures ................................ Other real e s ta te .......................................... Accrued interest, receivable ( n e t ) ........... Other assets................................................... Liabilities. $753, 541 94 103, 601 91 446, 333 52 163, 600 00 375, 000 00 83, 792 26 89, 000 00 $100, 000 00 45, 000 00 8, 552 58 61600 3, 796, 2, 17, 125, 898, 61, 61, 211 459 996 425 000 994 353 558 43 46 50 24 00 64 62 67 16, 755 40 16, 631 12 11, 000 00 251 02 17, 186 74 33, 396 19 6, 557 71 4, 518 96 137 T o t a l..................................................... $2, 121, 168 14 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Capital stock paid in ................................... Surplus fund ................................................ Undivided profits, net................................... Dividends unpaid .......................................... Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject tocheck. . . . Certified ch e ck s............................................ «Cashier’ s checks .......................................... Time commercial certificates ofdeposit.. . Savings deposits (book account).............. Savings certificates of deposit..................... Club savings deposits................................... Total ................................................... $2, 121, 168 14 STATE BAN K S OF M ICHIGAN 135 No. 717. FERND ALE STATE BANK, FERNDALE. Organized April 18, 1924. A rthüb E. W ood, P r e s id e n t ; M D J. D. abel H D a r r is o n , V i c e P r e s id e n t im ic k , A s s i s t a n t C a sh ier. ; B. F. W ie g a n d , Cashier; i r e c t o r s .— A r t h u r E . W o o d , P h il ip J . W a t s o n , H e r m a n F . Z e h n d e r , F r e d e r i c k C . M a t h e w s , J a m e s H . G a r li c k , W a l t e r A . W i ll ia m s , G e o r g e J . K o l o w i c h , T h o m a s J . L e o n a r d , J o h n D. H a r r i s o n , B . F . W ie g a n d . Statement October 3. 1928. Resources. Loans and discounts: Commercial .............................................. Savings ..................................................... Real estate mortgages: Commercial .............................................. Savings ..................................................... Bonds and securities: Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Exch. for C. H. and checks on banks in same place: Commercial .............................................. Total cash on hand: Commercial .............................................. Overdrafts ..................................................... Expenses, interest and taxes paid ex ceeding earnings ..................................... Banking house ............................................ Furniture ■and fixtures................................ Other real estate.......................................... Due from banks other than in reserve cities ....................................................... Customers’ bonds left with bank for safe keeping ..................................................... Outside checks, revenue stamps and other cash items ................................................ T o t a l ..................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $241, 600 86 92, 375 00 2, 88, 000 00 785 82 31, 800 00 23, 622 18 30, 369 00 Capital stock paid i n ................................... Surplus fund ................................................. Commercial deposits subject tocheck. . . . Demand certificates of deposit.................. Certified cheeks ............................................ Cashier’ s checks .......................................... Savings deposits (book account).............. Savings certificates of deposit..................... Club savings deposits................................... Customers’ bonds left with bank for safe keeping ..................................................... $50, 5, 259, 21, 9, 212, 17, 12, 000 151 592 254 113 622 144 000 968 00 58 26 07 00 11 93 00 49 1, 100 00 1 ,7 5 0 00 1 ,9 5 9 56 16, 864 88 7 09 2, 802 24, 562 1 6 ,1 1 4 11, 158 41 29 34 01 2, 000 00 1, 100 00 7500 $588, 946 44 T o t a l..................................................... $588, 946 44 136 STATE BA N K IN G D EPARTM ENT No. 701. CITIZENS STATE BANK , FIFE LAK E. Organized August 15, 1923. L. H ir a m D i r e c t o r s .— L aB ar, P r e s id e n t; Ja m e s W in if r e d M H ir a m L . L a B ar, Jam es S. . H H odges, V i c e P r e s i d e n t ; o dg es, A s s i s t a n t C a sh ier. S. H o d g e s , S a m u e l W . M. H odges. F. S. H odges, L. L aB ar, Jonah J. C a sh ier - N e ih a r d t , Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial .............................................. Savings ...................................................’ Real estate mortgages: Commercial .............................................. Savings ..................................................... Bonds and securities: Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Total cash on hand: Commercial .............................................. Overdrafts .............................. Premium account ....................... Expenses, interest and taxes paid ex ceeding earnings...................................... Banking h ou se............................................j Furniture and fixtures.............................. .. Other real estate....................................... .. Customers’ bonds left with bank for safe keeping ..................................................... 4, 222 80 16, 086 72 24, 800 00 13, 794 59 $20, 3, 32, 24, l, 7 l’ 5, 000 500 558 083 042 043 500 00 00 32 69 83 42 00 1, 700 00 . 10 , 900 00 1, 681 61 272 15 163 78 1, 3, 2, 4, 051 500 033 776 65 00 15 69 1, 700 00 $159, OO <M Total $53, 088 52 21, 356 60 Capital stock paid i n ................................... Surplus f u n d ................................................. Commercial deposits subject toch e ck ... Demand certificates of deposit................ Cashier’ s checks .......................................... Savings deposits (book account) . ' _____ Bills payable .............................................. Customers’ bonds left with bank for safe keeping ..................................................... 26 Total $159, 428 26 No. 495. THE STATE SAVINGS BANK , FLA T ROCK. Organized October 26, 1911. J. F . L D in d s a y , P r e s i d e n t ; i r e c t o r s .— F r a n k S. C a sh ier ; P e t e r s , J u l iu s N e if e r t , H il d a Ca s e , A s s i s t a n t C V ice P r e s id e n ts ; a sh ier. M . S. W alker . G e o r g e H . B r a n d e s , J . F . L i n d s a y , J u l i u s N e if e r t , F r a n k S. P e t e r s , J o h n C. N e a r , J o h n C h a m b e r lin , M . S. W a lk e r . Statement October 3. 1928. Resources. Loans and discounts: Commercial .............................................. Savings ..................................................... Real estate mortgages: Savings ..................................................... Bonds and securities: Savings ..................................................... Due from banks in reserve cities: Commercial ............. Savings ................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................. Total cash on hand: Commercial .............................................. Savings ..................................................... Overdrafts ..................................................... Premium account ....................................... Banking house ............................................ Furniture and fixtures ................................ Customers’ bonds left with bank for safe keeping ..................................................... Outside checks, revenue stamps and other cash ite m s ................................ Other assets................................................... Total ..................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $202, 695 31 38, 048 20 310, 704 38 113, 834 70 49, 574 06 32, 037 48 20, 700 00 Capital stock paid in ................................... Surplus f u n d ................................................. Undivided profits, net................................. Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject to check. . . . Demand certificates of deposit.................. Certified checks ............................................ Savings deposits (book account).............. Club savings deposits............................... Notes and bills rediscounted..................... Customers’ bonds left with bank for safe keeping ..................................................... $20, 000 00 23, 000 00 1 0 ,3 9 8 10 23 97 194, 817 47 39, 437 55 3 50 515, 710 32 1 ,9 2 2 00 12, 100 00 400 00 6 ,1 3 6 45 15, 000 00 227 869 20 17, 727 03 7, 798 56 400 00 1, 985 27 300 00 $817, 812 91 T o t a l..................................................... $817, 812 91 STATE B A N K S OF M ICHIGAN 137 BA N K ERS TRUST COMPANY, FLINT. Organized December 15, 1924. C . S. M o t t , P r e s id e n t: T r e a s u r e r ; L loyd G. V ice P r es id e n t. D S. S. S t e w a r t , K ir b y , V ice V i c e P r e s d e n t : G r a n t J. P r es id e n t an d S ecreta ry ; Brown, V ice A llen T. Sm P r es id e n t, an d it h , A s s is t a n t i r e c t o r s .— C. S. M o t t , W . E . F e l l o w s , E . 1). B la c k , G r a n t J. B r o w n , J . R . F r a n c i s , L e o n a r d F r e e m a n , J . O. M c G r e g o r , S S. S t e w a r t , F r e d J . W e is s , G . R . J a c k s o n , R . K le i n p e l l, R o b e r t T. L o n g w a y , C a d y B . D u r h a m , E . T . S t r o n g , C h a r le s F . B a r t h , L l o y d G . K ir b y . Statement October 3, 1928. Resources. Collateral loans: Time .......................................................... Loans on real estate mortgages: In office ................................................... With State Treasurer ............................ Other loans ................................................. Bonds: In office .....................«............................ With State Treasurer.................................. Real estate mortgages to secure debentures Advances to trusts.......................................... Furniture and fixtures.............................. . Banking house ............................................ Due from approved reserve agents.............. Due from other banks and bankers......... Accrued interest and prepaid expenses... Other assets ................................................ Total ................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $1, 366 67 28, 623 50 72, 830 61 93, 752 28 9, 500 00 5, 000 00 96, 902 37 127 10, 871 63 9, 248 92 69, 534 71 692 01 89 20 38, 249 93 $436, 663 10 Capital stock paid in ................................... Surplus fund ................................................ Undivided profits .......................................... Reserve for taxes, etc.................................. Trust deposits ............................................ Sinking fund first mortgagecertificates. . First mortgage certificatespayable.............. Certificates of deposit................................ Bills payable .............................................. Other liabilities .......................................... Total ................................................... $150, 2, 4, 1, 44, 40, 83, 100, 10, 000 00 000 00 446 55 084 14 823 98 119 01 600 00 457 37 000 00 132 05 $436, 663 10 STATE BA N K IN G D EPARTM ENT 138 No. 101. THE CITIZENS COMMERCIAL AND SAVINGS BA N K , FLINT. Organized July 19, 1890. Corporate existence extended July 19, 1920. One Branch. G. D W . H u bba r d , P r e s i d e n t ; J. E. B u r r o u g h s , F . D . B u c k in g h a m , R . W . R o w e , R o y W . S c h u m a c h e r , V i c e P r e s i d e n t s ; E a r n e s t W . P o tt e r , C a s h i e r ; F r a n k H . H a w e s , G ordon A . F l e m in g , G e o . B . L e a c h , A s s i s t a n t C a s h i e r s ; B e r t h a M . S h e p n e r , A u d i t o r . i r e c t o r s .— J. H u bbard , F. Ç. H . B lis s , S a r v is , H . L . E . B u r r o u g h s , E . H . W a t s o n , H a r r y W i n e g a r d e n , C h a s . H . M ille r , G . W . D . B u c k in g h a m , W . S. B a lle n g e r . F . B . E l l i o t t , O t t o P . G r a ff, H . J . M c B r id e , E . S. L u n t . L e w i s B u c k in g h a m , R o y W . S c h u m a c h e r , R . W . R o w e , A . H . W e c k le r . Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial ............................................ $2, 348, 426 57 Savings......... ........................................... 1, 949, 392 23 Real estate mortgages: Commercial .............................................. 72, 278 03 Savings ..................................................... 2, 290, 893 30 Bonds and securities: Commercial .............................................. 525, 823 75 1, 400, 298 96 Savings ..................................................... Due from Federal Reserve bank: Commercial .............................................. 160, 565 50 Savings ..................................................... 256, 657 37 Due from banks in reserve cities: Commercial ......................... 236, 847 00 Savings ....................... 100, 000 00 Exch. for C. H. and checks on banks in same place: Commercial .............................................. 106, 975 47 Total cash on hand: Commercial ............................................ 8, 541 81 Savings..................................................... 250, 000 00 Overdrafts ..................................................... 3 , 682 44 13, 444 33 Premium account ....................................... Banking h ou se............' . ............................... 500, 000 00 Furniture and fixtures................................ 286, 489 50 Other real estate.......................................... 3 , 642 00 Customers’ bonds left with bank for safe keeping ..................................................... 14, 800 00 Outside checks, revenue stamps and other cash items .............................................. 29, 608 14 Stock for Federal Reserve bank................ 30, 000 00 Trust department: Cash and due from banks in reserve cities 29, 387 20 Capital stock paid in ................................... $500, 000 00 Surplus fund ................................................. 500, 000 00 129, 534 24 Undivided profits, net................................ Dividends unpaid .......................................... 100 00 Reserved for taxes, interest, depreciation, etc................................................................ 1, 894 22 Commercial deposits subject to check. . . 2, 446, 616 79 Demand certificates of deposit.................. 31, 000 00 Certified checks ............................................ 19, 601 75 Cashier’s checks .......................................... 48, 077 54 5, 060, 154 34 Savings deposits (book account).............. Savings certificates of deposit ................ 1, 061, 580 82 Club savings deposits.................................. 125, 506 70 649, 500 00 Bills payable.................. Customers’ bonds left with bank for safe keeping ..................................................... 14, 800 00 Trust department: Trust deposits— totals .............................. 29, 387 20 Total ................................................... $10, 617, 753 60 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Total ..................................................... $10,617, 753 60 STATE BA N K S OF M ICHIGAN 139 N o . 23. GENESEE COUNTY SAYINGS BAN K , FLINT. Organized M ay 1, 1872. Corporate existence extended M ay 1, 1902. Five Branches. A. G. a n d B is h o p , C a sh ier ; A s sista n t D P r e s id e n t; R . S. G. E . M e r r il l , C a sh ier s; B is h o p , V ice P r e s id e n t; Jam es M a r t in , V ice P r es id e n t I. L . Y o u n g , D o n M a g i n n , W . J . J a m e s o n , L . D . B u d d , T . S. C o w i n g , S a v i n g s C a s h i e r ; E . P . H o p k i n s , A u d i t o r . i r e c t o r s .— A . G . B is h o p , J. H . C r a w f o r d , G e o . C. W i ll s o n , F . A . A l d r i c h , E . W . A t w o o d , J o h n J . C a r t o n , W . O . S m it h , W . R . H u b b a r d . C. B . B u r r , J o h n L . P i e r c e , J a m e s M a r t in , R . K . H o rn e r, W . C. D u ra n t, F . G . E d d v , J. M . H a m m o n d , G eo. A . B a rn e s, R . S. B is h o p , C a r l F . S p a e t h , C. W . C h u r c h il l , H . H . C u r t ic e , B . d e G u ic h a r d , B e n j. R o w e n . Statement October 3, 1928. Resources. Loans and discounts: Commercial .............................................. Savings..................................................... Real estate mortgages: Commercial .............................................. Savings ..................................................... Bonds and securities: Commercial .............................................. Savings ..................................................... Due from Federal Reserve bank: Commercial .............................................. Savings ........................... Due from banks in reserve cities: Commercial .............................................. Exch. for C. H. and checks on banks in same place: Commercial .............................................. Total cash on hand: Commercial .............................................. Savings .................................................. Overdrafts .......................... Banking house ............................................ Furniture and fixtures................................ Due from banks other than in reserve c it i e s .......................................................... Customers’ bonds left with bank for safe keeping ..................................................... Outside checks, revenue stamps and other cash items ............................................... Stock of Federal Reserve bank................... Customers’ acceptances and letters of credit ........................................................ Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $3, 640 638 54 3, 493, 036 84 57, 979 57 2, 405, 469 18 10, 000 00 3, 643, 309 46 251, 831 75 300, 000 00 296, 201 73 381, 303 68 301, 100, 6, 688, 70, 151 000 404 743 614 70 00 33 87 48 Capital stock paid in ................................... $1, 000, 000 00 Surplus f u n d ................................................. 400, 000 00 Undivided profits, net................................... 52, 942 83 50 00 Dividends unpaid ....................................... Reserved for taxes, Interest, depreciation, etc................................................................ 122, 501 38 Commercial deposits subjectto check. . . 4, 021, 362 75 Demand certificates of deposit................... 38, 202 95 Certified checks ............................................ 7, 140 26 Cashier’s checks .......................................... 120, 596 18 525 56 Due to other banks and bankers................ State moneys on deposit.............................. 100, 000 00 Postal savings deposits.............................. 7, 200 00 Savings deposits (book acount)................ 7, 681, 785 17 1, 298, 112 36 Savings certificates of deposit................... Club savings deposits................................... 122, 430 49 Notes and bills rediscounted..................... 255, 000 00 Bills payable .............................................. 500, 000 00 Customers’ bonds left with bank for safe keeping ......................................... 33, 300 00 Customers’ acceptances and letters of credit ........................................................ 46, 493 50 5, 091 62 33, 300 00 34, 073 18 42, 000 00 46, 493 50 $15, 807, 643 43 Total ................................................... $15, 807, 643 43 140 STATE BA N K IN G D EPARTM ENT N o . 431. THE IN D U STRIA L SA YIN GS BAN K , FLINT. Organized M ay 8, 1909. Seven Branches. C. S. M d e n ts ; o tt, P r e s i d e n t ; John S. D e C a m p , E l t o n I ) . G r a h a m , W . E . F e l l o w s , G r a n t J. B r o w n , V i c e P r e s i d e n t a n d C a s h i e r ; M il t o n P o l l o c k , F . D . A s sista n t A ssista n t D V ice P r es id e n ts C a s h ie r s ; D. W . ; M ark H . K elley, Ch am bers, A u d ito r . Ivan P. Ch r is t e n s e n , F V ice P r es i M ontague, M. B uffum i r e c t o r s .— C. S. M o t t , G r a n t J. B r o w n , F r e d J . W e is s , G . It. J a c k s o n , H a r v e y J . M a lle r y , E . D . B ia e k , L e o n a r d F r e e m a n , S. S. S t e w a r t , W . P . C h r y s le r , J . C. M c G r e g o r , R . K le in P e ll, W . E . F e l l o w s . F r e d e r i c k L a r k in , D . G o ld b e r g e r , C h a r le s F . B a r t h , J . R . F r a n c i s C a d y B . D u r h a m , R u d o lp h E c k e r t , L l o y d G . K ir b y , R o b e r t T . L o n g w a y , E . T S tron g R . J . W h i t in g , J o h n S. D e C a m p , R o y E . B r o w n e l l, E . M . C u m in g s , C. E . W e t h e r a l d . Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial ............................................ $5, 452, 175 70 Savings ................................................... 3, 194, 534 56 Real estate mortgages: Commercial ............................................... 88, 098 96 Savings ................................................... 4, 636, O il 20 Bonds and securities: Commercial ............................................ 1, 184, 509 12 Savings ..................................................... 4, 079, 801 50 Due from Federal Reserve bank: 16, 014 07 Commercial .............................................. Savings ..................................................... 300, 000 00 Due from banks in reserve cities: 299, 907 96 Commercial ...................... Exch. for C. H. and checks on banks in same place: Commercial .............................................. 350, 122 93 Savings ..................................................... 90, 000 00 Total cash on hand: Commercial .............................................. 248, 679 35 Savings ...................................................... 68, 881 86 Overdrafts ..................................................... 1, 636 82 Premium account ....................................... 22, 063 38 Banking houses ........................................... 648, 970 10 Furniture and fixures................................... 193, 932 57 Other real estate ....................................... 191, 182 69 Due from banks other than in reserve c it ie s ......... ............. 2, 244 12 Outside checks, revenue stamps and other cash items ............................................ .. 22, 520 08 Stock of Federal Reserve bank................... 39, 000 00 Capital stock paid i n ................................... $1, 000, 000 00 300, 000 00 Surplus fund ............................... ............. Undivided profits, net................................ 336, 863 65 Dividends unpaid .......................................... 120 00 Reserved for taxes, interest, depreciation, etc................................................................ 6, 439 65 Commercial deposits subject to check. . . 5, 790, 030 21 Demand certificates of deposit.................. 93, 188 77 Certified checks ............................................ 17, 559 96 Cashier’s checks .......................................... 157, 724 50 Due to other banks and bankers................ 265, 157 33 State moneys on deposit.............................. 100, 000 00 Postal savings deposits.............................. 8, 469 97 Savings deposits (book account).............. 11, 159, 305 72 Savings ceriflcates of deposit..................... 1, 039, 363 21 Club savings deposits................................... 171, 042 32 Notes and bills rediscounted..................... 35, 000 00 Bills payable .............................................. 650, 000 00 Customers’ acceptances and letters of 2168 credit ....................................................... Total ...................................................$21, 130, 286 97 Total ...................................................$21, 130, 286 97 M ERCHANTS AND MECHANICS BANK , FLINT. Organized July 23, 1927. Joseph D H. Craw ford, P r e s i d L loyd H . D rak e, e n t; E l w y n P ond, C a s h i e r ; IIom er E . M oses W il t , R o s e n t h a l , P ic e A s s is t a n t C a sh ier . P r e s id e n ts ; E l w y n P o n d , J o s e p h H . C r a w f o r d , F r e d e r i c k W . S ie g e l, G le n n R . J a c k s o n , C a r l M o ll, M o s e s R o s e n t h a l, C h a r le s H . M ille r , H e r b e r t N . B u s h , R e i n h a r d K le i n p e l l, F r e d A l d r i c h , E l t o n G . G r a h a m , C. E . B r a n d t , C a r l F . S p a e t h , E r n e s t P o t t e r . i r e c t o r s .— F. A. Statement October 3, 1928. Resources. Loans, viz.: Notes receivable, industrial plan............ Municipal bonds .......................................... Due from banks in reserve cities.............. Cash on hand .............................................. Deferred charges .......................................... Furniture and fixtures .............................. Cash short ................................................... T o t a l..................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $535, 2, 2, 2, 1, 3, 915 03 500 00 52625 000 00 356 57 191 74 219 $547, 491 78 Capital stock paid in ................................... Surplus fund ................................................ Undivided profits, earned............................ Reserve for taxes, interest, etc.................. Discount collected unearned........................ Payments on installment certificates: Hypothecated .......................................... Unhypothecated ........................................ Investment certificates outstanding............ Other liabilities .......................................... Total $120, 30 , 2, 3, 16, 000 000 119 064 743 00 00 51 40 08 188, 352 29 91, 421 89 95, 699 17 91 44 $547, 491 78 STATE BAN K S OF M ICHIGAN 14 1 No. 165. THE UNION TRUST AND SAVINGS BAN K , FLINT. Organized March 1, 1893. Corporate existence extended March 1, 1923. A u th o r M. D a v is o n , Jo h n E. Stoker, C a D P r e s id e n t; s h ie r j E. F. G. W . C o o k , S. S. S t e w a r t , C. A . C u m i n g s , V i c e J o h n s o n , E d w a r d H o l m e s , E. C. R e id , A s s i s t a n t P r es id e n ts ; C a sh ier s. i r e c t o r s .— W . S. P a t e r s o n , G e o . W . C o o k , A r t h u r M . D a v is o n , J o h n G . W i n d i a t e , S. S. S t e w a r t , C a r l W . B o n b r i g h t , C. A . C u m in g s , C. N . D o t y , It. T . A r m s t r o n g , J . M . G r e is s e l, J e s s e l H a r d y , J. E . S t o r e r , M a t h e w D a v is o n , D . E . W in s lo w , It. T . P e r r y , A l b e r t K o e g e l, W . A . H ardy. Statement October 3, 1928. Liabilities. Resources. Loans and discounts: Commercial.......................................... $2, 970, 590 44 Savings ................................................. 1, 010, 245 32 Real estate mortgages: Savings ................................................. 2, 714, 950 54 Bonds and securities : Savings ............................................ 1, 859, 512 37 Due from Federal Reserve bank: Commercial ....................................... 161, 443 73 Savings .............................................. 190, 000 00 Due from banks in reserve cities: Commercial ......................................... 25, 008 29 Savings ................................................ 320, 633 38 Exch. for C. H. and checks on banks in same place: Commercial ..................................... 4, 091 46 Total cash on hand: Com m ercial.......................................... 52, 586 40 Savings ................................................ 150, 000 00 Overdrafts ..................... 30, 589 82 Banking house ....................................... 35, 000 00 Other real estate ................................... 62, 519 84 Customers’ bonds left with bank for safe keeping ................................................ 56, 400 00 Outside checks, revenue stamps and other cash ite m s ............................................ 5, 644 35 Stock of Federal Reserve bank.............. - 24, 000 00 Customers’ acceptances and letters of credit ................................................... 44, 110 00 Total .............................................. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $9, 717, 325 94 Capital stock paid i n ............................ Surplus fund .......................................... Undivided profits, net............................ Dividends unpaid ................................ Commercial deposits1subject to check Demand certificates of deposit............ Cashier’ s checks ................................ Due to other banks and bankers......... State moneys on deposit................... Savings deposits (book account). . . Club savings deposits............................ Bills payable ....................................... Customers’ bonds left with bank for safe keeping .............................................. Customers’ acceptances and letters of $400, 000 00 400, 000 00 100, 883 23 25 00 1, 884, 998 52 7, 035 67 3, 821 93 32, 399 06 44, 820 34 50, 000 00 4, 793, 376 70 1, 326, 226 62 73, 228 87 500, 000 00 56, 400 00 44, 110 00 Total ............................................ $9, 717, 325 94 142 STATE BA N K IN G DEPARTM ENT No. 126. THE FIRST STATE AND SAVINGS BA N K , FLUSHING. Organized November 12, 1891. Corporate existence extended November 12, 1921. G eorge D Packard, V P r e s id e n t erna ; M. W E dgar hetham L. , K Co rnw ell, V ic e R . B a il e y , A e it h P r e s id e n t s sista n t i r e c t o r s .— A rth u r M in a r d . I d a P a c k a r d , C h a r le s K im m e l, C. I ’ . R o w e , G e o . G . B is h o p , J a m e s M a r t in , C la r e n c e E . L u c e , M a r io n ; C. P. Rowe, C a sh ier . C a sh ier s. P a c k a r d , E d g a r L . C o r n w e ll, P a c k a r d , A . K le in p e l l , W . F . Statement October 3, 1928. Resources. Loans and discounts: Commercial .............................................. Savings ..................................................... Real estate mortgages: Commercial .............................................. Savings ..................................................... Bonds and securities: Commercial .............................................. Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve : Savings dept, only..................................... Total cash on hand: Commercial .............................................. Overdrafts ..................................................... Banking house ......................................... Furniture and fixtures................................... Other real estate.......................................... Customers’ bonds left with bank for safe keeping ..................................................... Outside checks, revenue stamps and other cash items .............................................. T o t a l..................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $112, 925 82 40, 015 47 11, 517 00 345, 045 58 25, 000 00 81, 350 00 8, 245 26 5, 952 32 Capital stock paid in ................................... Surplus fund .............................................. Undivided profits, net................................ Dividends unpaid ....................................... Commercial deposits subject to ch e ck ... Cashier’ s checks ......................................... Savings deposits (book account)............... Savings certificates of deposit.................. Bills payable .............................................. Customers’ bonds left with bank for safe keeping ..................................................... $55, 000 00 45, 000 00 7, 206 00 396 00 8 1 ,4 4 5 46 2, 519 99 268, 406 96 269, 677 48 20, 000 00 53, 200 00 47, 850 00 8, 855 51 467 93 40, 996 08 12, 559 39 7, 500 00 53, 200 00 1, 371 53 $802, 851 89 T o t a l..................................................... I $802, 851 89 143 STATE BAN K S OF M ICHIGAN No. 223. THE P E O P L E ’ S STATE BA N K OF FLUSHING. Organized March 10, 1900. G rant J. B ro w n , P r e s i d e n t ; J o h n H . R o w e . C. N . T a l b o t , V i c e P r e s i d e n t s ; H a r ry L . M a n n , C a sh ierj M a r y A nn H u g g in s , R o ber t L a p w o r t h , A s s i s t a n t C a s h i e r s . D ir e c t o r s .— J a m e s B . F r e n c h , A l b e r t E . R a n s o m , C. N . T a lb o t , W . G . S p r a g u e , E lb e r t L . B e e ch e r, G ra n t J. B r o w n , J. H . R o w e , G eo. B o w e r , J r. Statement October 3, 1928. Liabilities. Besources. Loans and discounts: Commercial ................ .............................. Savings ..................................................... Real estate mortgages: Commercial .............................................. Savings ..................................................... Bonds and securities: Savings ..................................................... Due from Federal Reserve bank: Commercial .............................................. Savings ..................................................... Due from banks in reserve cities: Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................ Exch. for C. H. and checks on banks in same place: Savings ..................................................... Total cash on hand: Savings ..................................................... Overdrafts ..................................................... Banking house .............................................. Furniture and fixtures................................. Other real estate ......................................... Customers’ bonds left with bank for safe keeping ..................................................... Outside checks, revenue stamps and other cash items .............................................. Stock of Federal Reserve bank.................. $129, 812 88 49, 968 88 15, 830 62 151, 468 31 58, 766 90 1 , 000 00 13, 240 25 000 00 000 00 177 209 832 633 637 53 33 51 02 55 000 00 10, 300 00 27, 853 31 1, 300 00 502 79 6, 165 52 542 77 9, 850 00 5, 309 50 3, 609 11 10, 300 00 69 10 1, 200 0Ó $486, 789 94 Total $25, 15, 14, 100, 3, 187, 115, 15, Capital stock paid i n ................................... Surplus fund ..................................... .. Undivided profits, net................................... Commercial deposits subject to check. . . . Cashier’s checks .......................................... Savings deposits (book account).............. Savings certificates of deposit..................... Bills payable .............................................. Customers’ bonds left with bank for safe keeping ..................................................... $486, 789 94 Total No. 725. BA N K OF COMMERCE, FORDSON. Organized March 9, 1925. H e n ry H . S a n g e r , P r e s i d e n t ; S a m u e l R . K in g s t o n , L . H . D . B a k e r , V i c e O ren O . O t i s , V i c e P r e s i d e n t a n d C a s h i e r ; W il l i a m O. G i e r k , A s s i s t a n t D ir e c t o r s .— H e n r y H . S a n g e r , O re n O. O tis , E d w in H . N e ls o n , O r v ille P r es id e n ts ; C a sh ier . L. I la tt , S a m u e l R . K in g s t o n , S h e r w in A . H il l , W . B . M a y o . Statement October 3, 1928. Liabilities. Resources. Loans and discounts: Commercial .............................................. Real estate mortgages: Savings ..................................................... Bonds and securities : Commercial .............................................. Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Savings ..................................................... Total cash on hand: Commercial .............................................. Savings ..................................................... Overdrafts ..................................................... Banking h ou se.............................................. Furniture and fixtures................................ Accrued interest, receivable (n e t )............ Total $751, 768 67 159, 722 97 417, 263 00 413, 039 40 174, 599 21 91, 598 73 22, 164 65 5, 349 62 178 19 105, 800 00 23, 200 00 16, 158 36 ................................................... $2, 180, 842 80 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Capital stock paid in ................................... Surplus fund ................................................ Undivided profits, net................................... Commercial deposits subject to check. . . . Demand certificates of deposit..................... Certified checks ............................................ Cashier’ s checks .......................................... Savings deposits (book account).............. Savings certificates of deposit.................. Club savings deposits................................ Accrued interest and expense payable (net) .............................. ......................... Total $ 200 , 50, 31, 923, 145, 000 00 000 00 221 97 740 06 413 04 378 73 12 68 825, 405 67 500 00 1, 314 30 2, 856 35 $2, 180, 842 80 144 STATE BANKING D EPARTM ENT No. 743. FORDSON STATE BANK, FORDSON. Organized November 26, 1926. CLP r S n S ‘ p re s id e n ts , R m a n l l l C. L in d m a n , C m ig 0 , G ' ^ r f E m S F r a n k J M a u r ic e A* W i le o x . A l b e r r B L o w r ie . P ’ i f ' H a b u b k o b n , .Tr F r a n k E. Q u is e n b e r r y , V i c e C a s h i e r ; W a l t e r II. B e l l , J r ., A s s i s t a n t C a s h i e r . 1 • K H t C - K u l k l e y > A - L - C o u z e n s , L . J. a “ ? 0™ ’ JTr -’ G e o - B - J u d s o n > E . G . L ie b o ld . Q u is e n b e r r y , J a m e s T . W h it e h e a d , C la r e n c e E . Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial Real estate mortgages: Commercial ........................................... Savings ......................................... Bonds and securities: Commercial .............................................. Savings ..........................................’ Due from F deral Reserve bank: Commercial .............................................. Savings ......................................... Due from banks in reserve cities: Commercial .............................................. Exch. for C. H. and checks on banks in same place : Commercial Total cash on hand : Commercial ................................... Savings .......................................... Overdrafts .............................. Banking house ....................... .. .............. Furniture and fixtures' . . , ’ ’ . ’ ' Due from banks other than in reserve cities ....................................... Outside checks, revenue stamps and other cash ite m s .............................................. Stock of Federal Reserve bank.............. Accrued interet, receivable ( n e t ) . . . . . ! Other assets ................................... Total $400, 823 45 825 00 544, 671 91 370, 147 18 335, 755 37 62, 327 89 30, 000 00 12, 722 31 Capital stock paid in ................................... Surplus fund .............................................. Undivided profits, net.................................. Reserved for taxes, interest, depreciation, „ ete................................................................ Commercial deposits subject to c h e c k .... Certified checks ............................................ Cashier’ s checks .......................................... Due to other banks and bankers................ State moneys on deposit.............................. Savings deposits (book account).............. Savings certificates of deposit................ Club savings deposits................................... $200, 000 00 40, 000 00 gj 085 78 17, 582 94 785, 614 32 211 79 15, 791 77 2,’ 862 48 15! 000 00 738, 746 37 166’, 175 00 19, 247 03 32 20 22, 671 68 5, 000 00 5 59 115, 851 61 39, 318 38 45, 992 98 3 96 7, 200 00 12, 370 23 4, 597 68 $2, 010, 317 42 Total $2, 010, 317 42 No. 684. UNION STATE BAN K , FORDSON. Organized August 31, 1921. Two Branches. JOSEPH H . » » , V\ u d i t o ™ 8 l d e n t T C dp r e M m t , <m d T n S h C a sh ierj J - A - G eokge, P . J. W in e s , nv £ a s p a r » . H u gh es, Joseph A s sista n t W C a sh ier s; J R achow H . O . W e l l s ,’ M . K a r m a n n , E d w a r d M il l e r B a rt H M air, H a lJ H PS m k h Cke1’ F r e d m a n d 1 orath- J r ., W . J . R a c h o w , A n t h o n y M . E s p e r , F . w'. Statement October 3, 1928. Resources. Loans and discounts: Commercial ................................ Savings ............ .......................... Real estate mortgages : Commercial ................................ Savings .................................. Bonds and securities: Savings ....................................... Due from banks in reserve cities: Commercial .............................. Savings .......................... Total cash on hand: Commercial Savings ....................................... Overdrafts . . . .......................... Banking h ou se......................... Furniture and fixtures......... Total ............................ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $727, 549 06 1, 535, 204 30 19, 900 00 300, 059 04 352, 550 00 264, 273 54 223, 941 16 Capital stock paid i n ................................... Surplus fund .......................... Undivided profits, net......................... Dividends unpaid ............................ Reserved for taxes, interest, depreciation, etc. ................................................ Commercial deposits subject to check. Certified checks ................................... Cashier’ s checks ....................... Savings deposits (book account) . . . . Savings certificates of d e p o s it.... $ 100, 000 Ö0 100, 000 00 1, 489 85 100 00 12, 408 24 1, 037, 741 32 150 00 5, 759 12 -i, 544, 920 67 851, 851 75 59, 768 44 55, 000 00 99 41 92, 500 00 23, 576 00 $3, 654, 420 95 Total $3, 654, 420 95 STATE BAN K S OF M ICHIGAN 145 No. 692. W AY N E COUNTY & HOME BA N K , FORDSON. Organized June 6, 1922. W m . H . M cC l e n a h e n , P r e s i d e n t ; G eo . W i l e y , E d w in J . E c k e r t , V i c e P r e s i d e n t s ; W esley E . S m i t h , C a s h i e r ; G eorge J . P i p p e r , A u d i t o r . D ir e c t o r s .-— C h a r le s F . C lip p e r t , E d w in J. E c k e r t , B a r n a r d P . E s p e r , J u l i u s H . H a a s s , J o h n S. H a g g e r t y , J a n ie s S. H o ld e n , C h a r le s J . H o r g e r , A r t h u r E . L o c h , W m . H . M c C le n a h e n , J o h n A . M e r c ie r , A lb e r t P . T e r n e s , G e o r g e W ile y , O r la B . T a y l o r , W e s s o n S e y b u r n , J u l i a n P . B o w e n , A r c h e r F . R i t c h i e , J o h n H . S c h a e f e r , F r e d E . M a p le s , J a m e s O . M u r fin , R o b e r t W . F ord. • Statement October 3, 1928. Resources. Loans and discounts: Commercial .............................................. Real estate mortgages: Savings ..................................................... Bonds and securities: Commercial ............................................ Savings ..................................................... Due from banks in reserve cities: Commercial ............................................... Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only..................................... Exch. for C. H. and checks on banks in same place : Commercial ..................................... Savings ..................................................... Total cash on hand: Commercial .............................................. Savings .............................................. Overdrafts ..................................................... Banking house ............................................ Total Liabilities. $410, 873 51 565, 996 50 1, 524, 638 99 753, 580 63 Capital stock paid i n ................................... Surplus fund ................................................ Undivided profits, net.................................. Commercial deposits subject to check. . . . Certified checks ............................................ Cashier’ s checks .......................................... Savings deposits (book account).............. Savings certificates of deposit..................... $100, 160, 23, 1, 945, 1, 65, 1, 515, 25, 000 000 064 232 634 737 521 793 00 00 60 62 26 67 29 88 227, 352 33 90, 000 00 100, 000 00 17, 414 06 1, 913 18 46, 222 17 3, 183 82 309 13 95, 500 00 ................................................... $3, 836, 984 32 $3, 836, 984 32 Total No. 703. FOSTORIA STATE BAN K , FOSTORIA. Organized December 7, 1922. T . J . E v e l a n d , P r e s i d e n t ; M. C. E v e l a n d , V i c e P r e s i d e n t ; A . J . E v e l a n d , C a s h i e r ; H . L. E veland, A s s i s t a n t C a s h i e r . D ir e c t o r s .— T . J . E v e la n d , A . J . E v e la n d , W . E . H u n t , M . C. E v e la n d , E . J . K it c h e n , H . L . E v e la n d . Statement October 3, 1928. Liabilities. Resources. Loans and discounts: Commercial .............................................. Savings ..................................................... Real estate mortgages: Savings ................................................ Bonds and securities: Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. ¡Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only........................................ Total cash on hand: Savings ..................................................... Overdrafts .............................. ...................... Expenses, interest and taxes paid exceed ing earnings ............................................ Banking h ou se.............................................. Furniture and fixtures.......................... Other real estate ....................................... Customers’ bonds left with bank for gafe keeping ..................................................... Total ..................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $34, 636 26 50, 159 73 33, 650 32 29, 500 00 6 , 812 64 17, 867 49 Capital stock paid i n ................................. Surplus fund ................................................ Reserved for taxes, interest, depreciation, etc................................................................. Commercial deposits subject to check. . . . Demand certificates of deposit..................... Savings deposits (bookaccount).................. Savings certificates ofdeposit.................... Customers’ bonds left with bank for safe keeping ..................................................... $20, 000 00 4, 000 00 142 28, 923 86 6152 33, 749 45 I l l , 918 71 3, 550 00 8, 900 00 7, 763 42 327 83 2, 337 27 4, 000 00 2, 000 00 700 00 3, 550 00 $202, 204 96 Total ..................................................... $202, 204 96 146 STATE BAN K IN G DEPARTM ENT No. 454. FOUNTAIN STATE BANK, FOUNTAIN. Organized November 3, 1909. W a r r e n A . C a r t ie r , P r e s i d e n t ; W m . H . L a w r e n c e , V i c e P r e s i d e n t ; H . J . G r e g o r y , C a s h i e r . D ir e c t o r s .— W a r r e n A . C a r t ie r , F . W . R eek, W m . H . L a w r e n c e , S. IL B u r n s , H . J . G r e g o r y . Statement October 3, 1928. Liabilities. Resources. Loans and discounts: Commercial .............................................. Savings ............................. Real estate mortgages : Commercial ............................................ Savings ..................................................... Bonds and securities: Savings ................................................ .. . Due from banks in reserve cities: Commercial .............................................. Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve : Savings dept, only................................... Total cash on hand : Commercial .......................................... Savings ..................................................... Overdrafts ..................................................... Banking hou se.............................................. Furniture and fixtures................................ Outside checks, revenue stamps and other cash ite m s ................................................. Total ................................................... $88, 743 51 3, 000 00 16, 569 15 42, 887 92 62, 566 50 Capital stock paid in ....................... ............... Surplus fund . ......... ................................ Undivided profits, net.................................. Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject to check. . . . Demand certificates of deposit..................... Cashier’ s ch eck s............................................ Savings deposits (book account)............. $25, 000 00 5, 000 00 1 ,9 7 7 54 3, 897 00 50, 111 79 57, 713 94 490 00 1 2 7 ,5 7 8 11 31, 340 86 6, 000 00 3 ,1 5 0 00 1, 000 00 5, 757 01 83 43 8, 000 00 2, 625 00 4500 $271, 768 38 Total ................................................... $271,, 768 38 No. 141. STATE SAYINGS BA N K OF FOWLER, FOWLER. Organized August 7, 1892. Corporate existence extended August 7, 1922. E r n e s t S c h e m e r , P r e s i d e n t ; W . H . S n e l l in g , V i c e P r e s i d e n t a n d C a s h i e r ; R . P. T h e l e n , A s s i s t a n t C a s h i e r . D ir e c t o r s .— E r n e s t S c h e m e r , W . H . S n e llin g , F r a n k A . W ie b e r , J o h n L u e c h t , W . H . R i c h a r d s . Statement October 3, 1928. Liabilities. Resources. Loans and discounts: Commercial .............................................. Real estate mortgages : Commercial................................................. Savings ..................................................... Bonds and securities: Commercial .............................................. Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve : Savings dept, only................................... Exch. for C. H. and checks on banks in same place: Commercial .............................................. Total cash on hand : Commercial .............................................. Savings ..................................................... Overdrafts ..................................................... Banking house ............................................ Furniture and fixtures .............................. Customers’ bonds left with bank for safe keeping ..................................................... Outside checks, revenue stamps and other cnsh items ................................................ Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $226, 415 93 43, 247 77 6,450 00 172, 252 33 64, 090 73 171, 388 93 Capital stock paid in .................................. Surplus fund ................................................. Commercial deposits subject to check. . . . Time commercial certificates of deposit. . Savings deposits (book account)................ Savings certificates of deposit..................... Customers’ bonds left with bank for safe keeping ..................................................... $50, 40, 14, 109, 126, 283, 194, 000 000 685 933 179 147 594 00 00 72 29 04 68 59 8, 900 00 38, 207 63 37, 357 34 11, 100 00 56 86 5, 024 01 7, 000 00 200 71 28, 600 00 6, 850 00 8, 900 00 298 08 $827, 440 32 Total ................................................... $827, 440 32 STATE BAN K S OF M ICHIGAN 147 No. 706. COMMERCIAL STATE BA N K , FO W LERVILLE. Organized December 14, 1923. G eorge A . N e w m a n , P r e s i d e n t ; E. W . B u r k h a r t , V i c e P r e s i d e n t ; M . J . W e b b e r , C a s h i e r . D ir e c t o r s .— G e o . A . N e w m a n , E. W . B u r k h a r t , R o y T . S p r a g u e , S. J. T o m i o n , T e m p l e S m it h , M. J. W ebber. Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial .......................................... Real estate mortgages: Savings ..................................................... Bonds and securities: Commercial ....................................... Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only..................................... Exch. for C. H. and checks on banks in same place: Savings ..................................................... Total cash on hand: Commercial .............................................. Overdrafts ..................................................... Furniture and fixtures.................................. Total $ 66, 003 76 36, 585 80 12, 750 00 108, 700 00 Capital stock paid i n ................................ Surplus fund .............................................. Undivided profits, net................................ Commercial deposits subject to check. . . Demand certificates of deposit.................. Savings deposits (book account).............. Savings certificates of deposit................... Club savings deposits................................... $25, 3, 10, 102, 000 600 637 940 300 20, 820 118, 399 59 00 00 55 54 00 08 40 88 23, 839 35 4, 900 00 17, 000 00 7, 707 85 46 38 4, 224 31 ................................................... $281, 757 45 $281, 757 45 No. 293. THE STATE B A N K OF FO W LERVILLE, FO W LERVILLE. Organized June 1, 1904. John C. E l l s .w o r t h , P r e s id e n tj R. C. Sm it h , V ice P r e s id e n t; E. S c h n e id e r , C a sh ier ; D. W . G r if f in , A s s i s t a n t C a s h i e r . D ir e c t o r s .— J o h n C. E l l s w o r t h , R . C. S m it h , J o h n M . B r a d le y , L e w i s H . C o o p e r , J . B . F u ll e r . Statement October 3, 1928. Resources. Loans and discounts: Commercial .............................................. Savings ..................................................... Real estate mortgages : Commercial .............................................. Savings ..................................................... Bonds and securities: Commercial .............................................. Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Savings ..................................................... Total cash on hand: Commercial .............................................. Savings ..................................................... Overdrafts ..................................................... Outside checks, revenue stamps and other cash ite m s ................................................ T o t a l ..................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $57, 655 77 17, 200 00 1 , 311 96 94, 389 95 64, 240 00 217, 500 00 Capital stock paid in ................................... Surplus fund ................................................. Undivided profits, net................................... Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject to check. . . . Savings deposits (book account).............. Savings certificates of deposit..................... Club savings deposits. . .............................. $50, 000 00 10, 000 00 2, 247 94 12, 151, 34, 265, 000 004 498 967 928 00 70 16 50 00 20, 024 80 38, 463 27 6, 985 63 000 00 36 21 8, 838 71 $526, 646 30 Total $526, 646 30 148 STATE BA N K IN G D EPARTM ENT No. 592. THE AM ER ICAN STATE BAN K , FRANKENM UTH. Organized October 7, 1917. John L . Geyer, P r es id e n t; P a u l K a h n , J . M ik e Z ie g l e r , G eorge G e y e r , L oren z C. L i s t , C a s h i e r . V ice D ir e c t o r s .— J o h n P r e s id e n ts : L . G e y e r, E r n s t G ey er, F r e d G. G ey er, G e o rg e G ey er, P a u l K a h n , A L i s t , L o r e n z C. L is t , J . M ik e Z i e g l e r , J o h n G . S c h w a b , E r w in J . G e y e r. C a rl Statement* October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial ................ $ 147, 265 39 Savings ..................................................... 108, 945 03 Real estate mortgages : Commercial .............................................. 1 ,1 0 0 00 Savings .................................................' 113,’ 787 89 Bonds and securities: Savings ..................................................... 318, 653 42 Due from Federal Reserve bank: 7, 587 77 Commercial .............................................. Savings ..................................................................24,’ 000 00 Due from banks in reserve cities: Commercial .............................................. 7, 159 o i Savings .................................! ! ! ! ! ! ! ! ! 56! 146 16 Exch. for C. H. and checks on banks in same place: Commercial ............................................. 1, 365 53 Total cash on hand: Commercial .............................................. 2, 631 00 Savings ................................................ 4,’ 040 00 307 64 Overdrafts ..................................................... Premium account ..................................... ! . 238 59 Furniture and fixtures................................... 5, 000 00 Customers’ bonds left with bank for safe keeping ..................................................... 13, 600 00 Outside checks, revenue stamps and other cash ite m s ................................................ 265 00 Stock of FederalReserve bank..................... 1, 200 00 T o t a l..................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $813, 292 43 Capital stock paid i n .................................. Surplus f u n d ................................................... Undivided profits, net................................... Dividends unpaid ......................................... Commercial deposits subject to check. . . . Demand certificates of deposit..................... Savings deposits (book account).............. Club savings deposits................................... Customers’ bonds left with bank for safe keeping ..................................................... T o t a l..................................................... $25, 000 00 15,000 00 21, 447 03 400 52, 370 52 59, 084 42 624, 721 66 2, 064 80 13, 600 00 $813, 292 43 STATE BAN K S OF M ICHIGAN 149 No. 450. FRAN K EN M U TH STATE BANK, FRANKENM UTH. Organized March 21, 1910. O t t o S c h u p p , P r e s i d e n t j E . A . P i l l s b u r y , P a u l G u g e l , V i c e P r e s i d e n t s ; O tto T r i n k l e i n , V ice P r es id e n t an d C a sh ier ; R ub en W . K e r n , A s s i s t a n t C a s h i e r . D ir e c t o r s .— B e n t o n H a n c h e t t , O t t o S c h u p p , A r n o l d B o u t e l l , W m . C. C o r n w e ll, F r e d J . F o x , P a u l G u g e l, L o u is G o e t z in g e r , J o h n L e i d l e in , E . A . P i l ls b u r y , J a c o b R u m m e l, E . A . R o b e r t s o n , W m . S t r o m e r , G. M . S t a r k , A r t h u r A . S c h u p p , O t t o T r i n k l e i n , E d w . B . W ic k e s . Statement October 3, 1928. Resources. Loans and discounts : 'Commercial .............................................. Savings ..................................................... Real estate mortgages: Commercial .............................................. Savings ..................................................... Bonds and securities: Commercial .............................................. Savings ..................................................... Due from Federal Reserve bank: Commercial .............................................. Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Savings ..................................................... Exch. for C. H. and checks on banks in same place: Commercial .............................................. Total cash on hand: Commercial .............................................. Savings....................................................... Overdrafts ............................... Banking house .............................................. Furniture and fixtures .............................. Other real estate .......................................... Customers’ bonds left with bank for safe keeping ................................................. Stock of Federal Reserve bank................... • Total .................................................. Liabilities. $342, 223 87 322, 926 90 10, 000 00 616, 391 48 1, 000 00 360, 250 00 23, 200 08 42, 424 61 12, 407 88 7 0 ,3 1 1 29 Capital stock paid i n ................................... Surplus fund ................................................ Undivided profits, net................................... Dividends unpaid . ....................................... Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subjectto check. . . . Demand certificates of deposit.................... Cashier’ s checks .......................................... Savings deposits (book account)........... Club savings deposits................................... Customers’ bonds left with bank for safe keeping ..................................................... $50, 70, 12, 1, 000 000 943 188 00 00 21 00 29, 161, 135, 2, 1, 408, 5, 523 083 480 978 413 740 93 26 16 74 81 00 65, 250 00 143 77 2, 16, 1, 20, 13, 19, 707 159 158 000 029 415 91 52 82 00 00 98 65, 250 00 3, 600 00 $1, 942, 601 11 Total ................................................... $1, 942, 601 11 No. 229. STATE SAYINGS B A N K OF FRANKFORT. Organized January 30, 1901. H . F . R o bertson, P r e s i d e n t ; R . R . P au tz, V i c e P r e s i d e n t ; J. F . H ofstetter, V i c e P r e s i d e n t a n d C a sh ier ; H. B. A n d e r so n , G eorge S. R oe , A s s i s t a n t C a s h i e r s . D ir e c t o r s .— H . F . R o b e r t s o n , J. F . H o f s t e t t e r , L. R . H o f s t e t t e r , E . J. H o f s t e t t e r , R . R . P a u t z . Statement October 3, 1928. Resources. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $81, 461 39 6, 900 57 148, 655 64 123, 175 00 208, 600 00 Capital stock paid in ................................... Surplus fund ................................................. Undivided profits, net.............................. .... Commercial deposits subject to check. . . . Demand certificates of deposit................... Savings deposits (book account)................ Savings certificates of deposit..................... Customers’ bonds left with bank for safe keeping ..................................................... $25, 6, 4, 256, 8, 368, 48, 000 500 751 510 350 135 360 00 00 28 39 29 63 37 123, 693 48 59, 161 92 15, 677 08 40, 450 00 4, 441 44 3, 586 75 27 91 15, 250 00 8, 500 00 1, 284 50 123, 090 00 1, 039 24 iH O C O Total ............................................................ Liabilities. ■m CO Loans and discounts: Commercial .............................................. Real estate mortgages: Commercial .............................................. Savings ........... ........................................ Bonds and securities: Commercial .............................................. Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only..................................... Total cash on hand: Commercial .............................................. Savings ..................................................... Overdrafts ..................................................... Banking h ou se.............................................. Furniture and fixtures................................... Other real estate .......................................... Customers’ bonds left with bank for safe keeping ..................................................... Outside checks, revenue stamps and other cash item s................................................. 44 Total $841, 301 44 150 STATE BA N K IN G D EPARTM ENT No. 461. THE STATE B A N K OF FRASER, FRASER. Organized July 10, 1910. G eorge W . S t e f f e n s , P r e s i d e n t ; A l b e r t G r a m b o w , J o s e p h C o u c h e z , Vice Presidents; H e n r y J. B o h m , C a s h i e r ; E . C. K l e in o , T heodore B o h n , Assistant Cashiers. D ir e c t o r s .— -G e o r g e W . S t e ffe n s , C lia s . K le in , W in. L. H a r t s i g , Wrn. S c h n e id e r , J o s . C o u c h e z , W m . L . K le in , J. B oh n . A lb e r t G ra m b ow , E rn st M a lo w , J u liu s F a u lm a n n , F red J. S ch ott, ’ H en ry J Statement October 3, 1928. Resources. Loans and discounts: Commercial .............................................. Savings ..................................................... Real estate mortgages: Savings ..................................................... Bonds and securities: Commercial .............................................. Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Savings ..................................................... U. S. Bds. and Cert, of Xnd. as legal reserve: Savings Dept, only................................... Total cash on hand: Commercial .............................................. Savings ................ .................................... Overdrafts ..................................................... Banking house .............................................. Due from banks other than in reserve cities ....................................................... Customers’ bonds left with bank for safe keeping ..................................................... Total ..................................................... Liabilities. $108, 140 74 64, 296 75 355, 270 75 26, 993 75 123, 227 05 1, 154 57 83, 816 74 Capital stock paid i n ................................... Surplus f u n d ................................................. Undivided profits, net................................... Reserved for taxes, interest, depreciation, etc................................................................. Commercial deposits subject to check. . . . Demand certificates of deposit.................. Savings deposits (book account)................ Customers’ bonds left with bank for safe keeping ..................................................... $20, 000 00 20, 000 00 23, 178 26 22 63 103, 095 98 30, 520 16 615, 768 89 600 00 1, 100 00 3, 213 33 17, 907 94 212 07 16, 800 00 10, 452 23 600 00 $813, 185 92 Total $813, 185 92 No. 654. FREELAN D STATE BAN K , FREELAN D. Organized January 16, 1920. S a r l e , President; G . F . B a r b a r in , J. G . R ie f e n b e r g , Vice Presidents; T . J. R e a v e y , C a s h i e r ; H a r r ie t E . R e a v e y , Assistant Cashier. D ir e c t o r s — J . G . R i e f e n b e r g , G . F . B a r b a r in , L o u ie H . S a r le , C h a s . W o l o h a n , T . J , R e a v e y , W m . F . H e m m e t e r , M a r k T . W a ls h . L o u ie H . Statement October 3, 1928. Resources. Loans and discounts: Commercial . ... Savings .................. Real estate mortgages: Savings .................. Bonds and securities: Savings ................ . Due irom banks in reserve cities : Commercial ............ Savings ................ U. S. Bds. and Cert of Ind. as legal reserve: Savings dept. only. Total cash on hand: Commercial ........... Savings ................... Overdrafts .................. Banking house.............. Furniture and fixtures. Other real estate. . . . Customers’ bonds left with bank for safe keeping ................... Total ................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $ 82 , 262 05 3 1 , 193 96 77, 9 87 31 47, 0 00 00 5, 829 20 15, 961 20 Capital stock paid in . . . Surplus fund .............. Undivided profits, net......... Dividends unpaid....................... Commercial deposits subject to check Time commercial certificates of deposit Savings deposits (book account) Savings certificates of d e p o sit.............. Bills payable ......... Customers’ bonds left with bank for safe keeping ............................................ $ 2 5 , 000 00 3, 700 00 2, 100 47 6 00 6 5, 806 39 413 32 1 49 , 516 05 26, 247 05 4, 0 00 00 850 00 4, 550 00 2, 132 88 1, 000 00 113 72 1, 700 00 700 00 6, 358 96 850 00 $ 2 7 7 , 639 28 $277, 639 23 151 STATE BAN K S OF M ICHIGAN No. 449. THE STATE BA N K OF FREEPORT. Organized March 23, 1910. C h e e s e b r o u g h , C. L . H e n n e y , V i c e P r e s i d e n t s ; A . R . S ie g e l , C a s h i e r . D ir e c t o r s .— F . R . E v e r h a r t , J o h n A l l a r d i n g , F r a n k D o r r , I r a B lo u g h , T h o s . E . C h e e s e b r o u g h . C. L i. H e n n e y , A . R . S ie g e l. F. R. E verhart, P r e s id e n t; T h o s. E. Statement October 3, 1928. Liabilities. Resources. Loans and discounts: Commercial .............................................. Savings ..................................................... Real estate mortgages: Commercial .............................................. Savings ..................................................... Bonds and securities: Savings ........................... Due from banks in reserve cities: Commercial .............................................. Savings ....................................... U. S. Bds. and Cert, of Ind. as legal reserve : Savings dept, only................................... Total casb on hand: Commercial .............................................. Overdrafts ..................................................... Banking house....................................... ; . . . Furniture and fixtures................................... Other real estate............................................ Customers’ bonds left with bank for safe keeping........................................................ T o ta l......... ........................................... $137, 43, 670 68 589 50 3, 200 00 59, 132 87 63, 300 00 986 68 9, 288 59 Capital stock paid in ................................... Surplus fund................................................... Undivided profits, net................................... Dividends unpaid............................................ Reserved for taxes, interest, depreciation etc................................................................. Commercial deposits subject to check. . . . Demand certificates of deposit..................... Savings deposits (book account)................ Savings certificates of deposit..................... Bills payable................................................ Customers’ bonds left with bank for safe keeping........................................................ $25, 000 00 10, 000 00 1, 065 59 200 00 41, 78, 109, 67, 10, 782 271 457 440 626 000 17 14 77 45 47 00 3, 650 00 12, 150 00 3, 1, 5, 2, 1, 958 331 500 000 735 67 60 00 00 00 3, 650 00 $347, 493 59 T o ta l..................................................... $347, 493 59 No. 297. THE FREMONT STATE BAN K , FREMONT. Organized M ay 24, 1904. M il o A . W h it e , ; L. D . P u f f , V i c e P r e s i d e n t ; C l a r e K e m p f , C a s h i e r ; F rank H. M a r sh , A s s i s t a n t C a s h i e r . D ir e c t o r s .— L . D . P u ff, M il o A . W h it e , J a s . L . H il l y a r d , H a r r y D . R e b e r , F r e d K e ll o g g , P r e s id e n t C la r e K e m p f, L a m b e r t G e e r lin g s . Statement October 3, 1928. Liabilities. Resources. Loans and discounts: Commercial .............................................. Savings ..................................................... Real estate mortgages: Commercial .............................................. Savings ...................... Bonds and securities: Commercial .............................................. Savings ..................................................... Due from Federal Reserve bank: Commercial .............................................. Savings ..................................................... Due from banks in reserve cities: Savings ..................................................... Total cash on hand: Commercial .............................................. Savings ..................................................... Overdrafts ..................................................... Banking house........... .................................... Furniture and fixtures................................... Other real estate............................................ Customers’ bonds left with bank for safe keeping ..................................................... Stock of Federal Reserve bank................ T o t a l..................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $ 66, 421 76 95, 045 67 6, 800 00 214, 127 99 101, 989 25 84, 227 53 5, 000 00 19, 049 76 Capital stock paid in ................................... Surplus fund................................................... Undivided profits, net................................... Reserved for taxes, interest, depreciation, etc. ............................................................ Commercial deposits subject to check. . . . Demand certificates of deposit..................... Savings deposits (book account)................ Savings certificates of deposit................. Club savings deposits................................... Bills payable.............................................. Customers’ bonds left with bank for safe keeping ..................................................... $50, 000 00 40, 000 00 3, 656 18 2, 95, 42, 212, 226, 2, 10, 678 281 572 205 479 995 000 96 83 25 27 56 82 00 14, 450 00 2, 218 95 4, 000 00 11, 622 02 964 10 35, 500 00 11, 000 00 25, 202 84 14, 450 00 2 ,7 0 0 0 0 $700, 319 87 T o t a l..................................................... $700, 319 87 152 STATE BAN K IN G D EPARTM ENT No. 345. THE OLD STATE B A N K OF FREMONT. Organized July 13, 1906. J. A . G e r b e r , D . D . A lto n , F rank G erber, V i c e P r e s i d e n t s ; T . I. F r y , C a s h i e r H e r m a n S c h u it e Ma n , A s s i s t a n t C a s h i e r . G e r b e r , T. I. F r y , F r a n k G e r b e r , W m . H . B a r n u m , H . C. B uck, Geo. B. P r e s id e n t; D i r e c t o r s — J. A R a id e r , W m . J . B r a n s t r o m , C o r n e liu s G e r b e r , R . A . C r a n d e ll, W m . N . S e n f, D . D . A l t o n . Statement October 3, 1928. Resources. Loans and discounts: Commercial ......................... Savings ..................................................... Real estate mortgages: Commercial .............................................. Savings ..................................................... Bonds and securities: Savings ................................................ Due from Federal Reserve bank: Commercial .............................................. Savings ..................................................... Due from banks in reserve cities: Commercial ...... Savings ..................................................... Total cash on hand: Commercial .............................................. Savings ................................................ i ! Overdrafts .................................................... Premium account............................................ Banking house.................................. Furniture and fixtures................................... Other real estate............................................ Customers’ bonds left with bank for safe keeping ..................................................... Outside checks, revenue stamps and other cash item s................................................. Stock of federal reserve bank..................... Total Liabilities. $ 315 , 031 68 135, 857 12 61, 968 21 373, 744 52 279, 517 10 21, 000 00 35, 241 92 Capital stock paid i n ................................... Surplus fund................................................... Undivided profits, net................................... Commercial deposits subject to check. . . . Certified checks.............................................. Savings deposits (book account)................ Savings certificates of deposit..................... Customers’ bonds left with bank for safe keeping ..................................................... $100, 50, 7, 422, 000 000 603 329 523 526, 645 303, 869 00 00 63 17 80 71 19 32 , 800 00 59, 540 20 643 98 1 ,0 3 1 93 21, 000 00 466 35 9 1 3 '3 3 37, 500 00 18, 290 52 39, 807 05 32, 800 00 4, 917 59 4, 500 00 $1, 443, 771 50 Total $1, 443, 771 50 No. 362. THE STATE SAVINGS B A N K OF GAGETOWN. Organized February 6, 1907. J. L. P u r d y , P r e s i d e n t j L . C. P u r d y , V i c e P r e s i d e n t ; E d it h E . M il l e r , C a s h i e r . D ir e c t o r s .— J . L . P u r d y , L . C. P u r d y , R i c h a r d B u r d o n , C. O . P u r d y , F . D . H e m e r ic k . Statement October 3, 1928. Resources. Loans and discounts: Commercial ............................................. Real estate mortgages: Savings ..................................................... Bonds and securities: Commercial .............................................. Savings ........... Due from banks in reserve cities: Commercial ............................................... Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Total cash on hand: Commercial .............................................. Savings ..................................................... Overdrafts ..................................................... Banking house...................................... Furniture and fixtures................................... Other real estate............................................ Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $41, 891 29 101, 126 74 25, 500 00 3, 750 00 Capital stock paid in ................................... Surplus fund................................................... Undivided profits, net................................... Commercial deposits subject to check.. . . Demand certificates of deposit.................. Savings certificates of deposit..................... Bills payable .............................. .................. $25, 000 7 ,0 1 5 5, 260 32, 262 43, 718 89, 255 5, 000 00 00 20 86 60 79 00 6, 805 45 7, 771 37 1, 850 00 2, 649 83 3 , 000 00 107 45 7, 200 00 1, 350 00 4, 510 32 $207, 512 45 Total $207, 512 45 153 STATE BAN K S OF M ICHIGAN No. 426. THE GALESBURG STATE BA N K , GALESBURG. Organized February 13, 1909. S. D u n n , P r e s id e n t; D ir e c t o r s .— S. P aul T. C l a p p , V ice P r es id e n t, C. C. C l a p p , L . D u n n , L a V er n e C l a p p , A s s i s t a n t C a s h i e r s . D u n n , C. C. C la p p , L o u is D u n n , H . L . J a c k s o n , P a u l T . C la p p , L a V e r n e C la p p . C a sh ier ; M ic h a e l T u it t , Statement October 3, 1928. Liabilities. Resources. Loans and discounts: Commercial .............................................. Savings ..................................................... Real estate mortgages: Commercial .............................................. Savings....................................................... Bonds and securities: Commercial .............................................. Savings ............................•........................ Due from banks in reserve cities: Commercial .............................................. Savings ..................................................... Total cash on hand: Commercial .............................................. Savings ..................................................... Overdrafts ..................................................... Furniture and fixtures................................... T o ta l..................................................... $84, 070 55 53, 283 86 13, 465 00 193, 198 85 Capital stock paid in .................................. Surplus fund................................................... Undivided profits, net................................... Commercial deposits subject to c h e c k .... Savings deposits (book account)................ Savings certificates of deposit..................... $20, 25, 9, 88 , 201, 188, 000 000 209 455 105 457 00 00 15 94 18 63 4, 000 00 93, 726 00 36, 420 93 45, 109 73 3, 686 87 4, 244 37 21 74 1, 000 00 T o ta l..................................................... $532, 227 90 $532, 227 90 N o . 719. GALEW OOD-W YOMING STATE BAN K , GALEWOOD. Organized April 4, 1924. (GRAND RAPIDS P. O.) J o h n H e k .m a n , P r e s i d e n t ; P e t e r L e e s t m a , V i c e P r e s i d e n t ; C l a r e n c e V an S t r ie n , C a s h i e r . D ir e c t o r s .— J o h n H e k in a n . D e w e y B lo c k s m a , G il b e r t L . D a a n e , C h a r le s W . G a r fie ld , A r t h u r M . G o d w in , E a r l C. J o h n s o n , P e t e r L e e s t m a , J o h n B . M a r t in , W m . A l d e n S m it h . Statement October 3, 1928. Liabilities. Resources. Loans and discounts: Commercial .............................................. Real estate mortgages: Commercial ..................................... Savings ..................................................... Bonds and securities: Commercial .............................................. Savings ..................................................... Due from banks in reserve cities: Commercial . . . ........................................ Savings ..................................................... Exch. for C. H. and checks on banks in same place: Savings ..................................................... Total cash on hand: Commercial .............................................. Savings ..................................................... Overdrafts ..................................................... Banking house................................................ Furniture and fixtures................................... Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $32, 265 58 12, 750 00 173, 543 08 32, 500 00 74, 000 00 1, 592 21 50, 674 95 Capital stock paid in ................................... Surplus fund................................................... Undivided profits, net................................... Reserved for taxes, interest, depreciation, etc....................................... .................... Commercial deposits subject to check. . . . Certified checks.................. ........................... Cashier’ s checks............................................ State moneys on deposit............................. Savings deposits (book account)................ Savings certificates of deposit..................... Club savings deposits..................................... $25, 000 00 6, 500 00 4 ,3 5 8 04 2, 770 00 70, 958 64 86 00 1, 449 03 10, 000 00 263, 112 69 11, 868 22 24, 713 17 8, 482 52 9, 009 72 2, 895 30 102 43 1 4 ,0 0 0 00 9, 000 00 $420, 815 79 Total $420, 815 79 154 STATE BA N K IN G D EPARTM ENT N o . 686. THE G ALIEN STATE BAN K , GALIEN. Organized October 14, 1921. C h a r l e s A . C l a r k , P r e s i d e n t j C l a y t o n S m i t h , V i c e P r e s i d e n t ; P . C. M e t z l e r , C a s h i e r . D ir e c t o r s .— C h a r le s A . C la r k , O liv e r A . V a n P e lt , C l a y t o n S m it h , H o r a c e M o r le y , K ay E. B abcock. Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial ............................................. Real estate mortgages: Commercial .............................................. Savings ..................................................... Bonds and securities: Commercial ..................................... ......... Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. U. S. Bds. and Cert, of Ind. as legal reserve : Savings dept, only..................................... Total cash on hand: Commercial .............................................. Savings ..................................................... Overdrafts ..................................................... Banking house................................................. Furniture and fixtures................................... Customers’ bonds left with bank for safe keeping ..................................................... Other assets ................................................ Total $98, 041 76 8, 770 00 19, 900 00 65, 143 65 9, 728 50 27, 867 10 Capital stock paid in ................................... Surplus fund................................................... Undivided profits, net................................... Dividends unpaid.............................. ............ Reserved for taxes, interest depreciation, etc................................................................ Commercial deposits subject to check.. . . Demand certificates of deposit.................. Savings deposits (book account)................ Customers’ bonds left with bank for safe keeping ..................................................... $25, 000 00 6, 500 00 1, 439 56 55 00 3, 84, 95, 31, 700 233 072 203 00 18 83 43 6, 550 00 2, 836 98 4, 085 1, 000 60 4, 672 1, 798 04 00 31 23 43 6, 550 00 3, 300 00 $253, 754 00 Total $253, 754 00 No. 447. THE GARDEN STATE SAYINGS BAN K , GARDEN. Organized November 4, 1910. W m . S. C r o w e , D ir e c t o r s .— W m . S. V . I. H i x s o n , V i c e P r e s i d e n t ; I I . G . G a u t h i e r , C a s h i e r ; E . M. G a u t h i e r , A s s i s t a n t C a s h i e r . H . G . G a u t h ie r , V . I. H ix s o n , F r a n k H a r t m a n , L . R o s e n t h a l. P r e s id e n t; C row e, Statement October 3, 1928. Resources. Loans and discounts: Commercial . . . Savings ................... Real estate mortgages: Commercial ........... Savings .................. Bonds and securities: Savings .................. Due from banks in reserve cities : Commercial ........... Savings .............. .. . U. S. Bds. and Cert of Ind. as legal it sene: Savings dept. only. . Total cash on hand: Commercial ............ Savings ................... Overdrafts .................. Banking house.............. Furniture and fixtures. Other real estate......... Customers’ bonds left with bank for safe keeping .................. Accrued interest, receivable (net) . . . T o t a l.................. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $19, 834 56 32, 108 16 4, 400 00 25, 816 69 5, 501 00 4, 458 64 7, 000 00 Capital stock paid in ................................... Surplus fund................................................... Undivided profits, net................................... Reserved for taxes, interest, depreciation. Commercial deposits subject to check Cashier’ s checks. . . Due to other banks and ban kers.............. Savings deposits (book account) ......... Savings certificates of deposit Customers’ bonds left with bank for safe keeping ............................................ $25, 000 00 1, 500 00 1, 407 37 2, 22, 1, 2, 68, 1, 959 775 331 312 181 939 46 41 06 73 42 13 400 00 5, 500 00 917 1, 500 46 2, 000 925 15, 046 45 00 67 00 00 50 400 00 2, 351 91 $127, 806 58 T o ta l..................................................... $127, 806 58 155 STATE BAN K S OF M ICHIGAN No. 153. THE GAYLORD STATE SAYINGS BA N K , GAYLORD. Organized March 2, 1893. Corporate existence extended March 2, 1923. ----------------------------- , P r e s i d e n t ; F r a n k H orace B. B l o d g e t t , W . J. D ir e c t o r s .— F r a n k J. S h i p p , V i c e P r e s i d e n t ; N o r m a n E . G l a s s e r , C a s h i e r ; K o w a l e s k i , C l y d a C o ok ., A s s i s t a n t C a s h ie r s . J. S hip p, H e r m a n L e ste r L u n d en , N orm an C. L u n d en . E. G la s s e r , F red E. C ook, Statement October 3, 1928. Resources. Loans and discounts: Commercial .............. Savings ..................... Real estate mortgages: Commercial .............. Savings ..................... Bonds and securities: Commercial .............. Savings ............................................ Due from banks in reserve cities: Com m ercial.............. Savings ..................... U. S. Bds. and Cert. of Ind. as legal reserve: Savings dept. only. . Total cash on hand: Commercial .............. Savings ..................... * Overdrafts ..................... Premium account........... Banking house................ Furniture and fixtures. . Other real estate . . . . . . Outside checks, revenue stamps and other cash items.................. T o ta l..................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $391, 435 17 49, 395 83 5, 450 00 157, 697 83 25, 000 00 308, 325 00 39, 486 89 44, 169 35 Capital stock paid i n ................................... Surplus fund........................................... Undivided profits, net................................... Reserved for taxes, interest, depreciation, .etc................................................................ Commercial deposits subject tocheck. . . . Demand certificates of deposit.................. Certified checks.............................................. Cashier’ s checks........................................... Savings deposits (book account).............. Club savings deposits................................... $25, 000 00 25, 000 00 23, 537 74 T o ta l..................................................... $1, 110, 760 08 5, 000 00 216, 640 39 227, 122 46 726 16 3 ,4 1 3 68 578, 076 00 6, 243 65 31, 403 00 29, 146 00 5, 000 00 77 83 1, 000 00 12, 000 00 3, 500 00 6, 990 00 683 18 $1, 110, 760 08 156 STATE BA N K IN G D EPARTM ENT No. 507. GLADSTONE STATE SAVINGS BANK, GLADSTONE. Organized M ay 31, 1912. I. N . B u sh o n g , P r e s i d e n t ; Geo. J. S l in in g , V ic e P r e s i d e n t j J oh n M . O lson C a sh ie r ; ,, A . S. N e l s o n , A s s i s t a n t C a s h i e r . D ir e c t o r s .— I N B u sh on g P h i l H u p y , S . G . N e ls o n , C a s p e r W . E l q u i s t , W . J . M ic k s , W . L . M a r b le , H e n r y R o s e n b lu m , G e o . J . S lin in g , J o h n M O ls o n Statement October 3, 1928. Resources. Loans and discounts: Commercial.............................................. $206, S,avlngs ..................................................... 358, Real estate mortgages: Savings ..................................................... 213, Bonds and securities: Commercial .............................................. 168, Savings ..................................................... 226, Due from Federal Reserve bank: Commercial .............................................. 19, Savings ..................................................... 25, Due from banks in reserve cities: Commercial .......................... 80, Savings ..................................................... 16, Exch. for C. H. and checks on banks in same place: Commercial............................................... Savings ....................................................................1, Total cash on hand: Commercial .............................................. 5, Savings ................ ...........................! . . . 16,’ Overdrafts ..................................................... Banking house.................................. 4, Furniture and fixtures................................ 4, Other real estate...................................’ | ’ 7’ Due from banks other than in reserve c it ie s .......................................................... 3, Customers’ bonds left with bank for safe keeping ..................................................... „ 132, Stock of federal reserve bank..................... 2, T o t a l........................................................... Liabilities. 189 55 143 79 Capital stock paid in ......................... $ 50 , 000 00 Surplus fund.......................................... 25, 000 00 Cndivided profits, net................................... 42 613 35 Dividends Unpaid.....................................’ ’ l ’ 324 00 Commercial deposits subject to check.. . . 282,’ 266 13 Certified checks..................................... 2, 703 50 Cashier’ s checks.................................. 13,’ 142 82 770 67 Due to other banks and bankers......... .. Time commercial certificates of deposit. . . 86, 189 63 Savings deposits (book account)....... 857, 861 21 Customers’ bonds left with bank for safe keeping ..................................................... 132, 950 00 161 19 900 00 650 00 569 54 800 00 463 67 000 00 600 00 755 67 400 00 570 80 445 89 234 05 524 45 550 00 662 71 950 00 250 00 $ 1, 4 9 4 , 8 2 1 31 T o t a l..................................................... $ 1, 494, 821 31 No. 594. THE FIRST STATE SAVINGS BANK , GLADW IN. Organized May 16, 1917. F r a n k W . M e r r ic k , P r e s i d e n t j M e l v in H . A i t k i n , R o b e r t C r o s k e r y , V i c e P r e s i d e n t s • B red L e o n a r d , C a s h i e r j W a l t e r H . S t i c k e l , A s s i s t a n t C a s h ie r . D ir e c t o r s .-— M e lv i n H . A i t k e n , R o b e r t C r o s k e r y , F r a n k L e o n a r d , F r e d L e o n a r d , J . C . S h a f f e r . Frank W. M e r r ic k . Statement October 3, 1928. Resources. Loans and discounts: Commercial .............................................. Savings ................................................. Real estate mortgages: Commercial .............................................. Savings .................. ............................. Bonds and securities: Commercial .............................................. Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Savings .................. .................................. U. S. Bds. and Cert, of ind. as legal reserve : Savings dept, only..................................... Total cash on hand: Commercial .............................................. Overdrafts ..................................................... Banking house............................................ Furniture and fixtures................................... Customers’ bonds left with bank for safe keeping ..................................................... Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $309, 407 01 87, 600 00 12, 638 00 66, 864 39 138, 500 00 130, 925 00 72, 911 71 20, 000 00 Capital stock paid in ................................... Surplus fund.................. , ............................. Undivided profits, net................................... Reserved for taxes, interest, depreciation, etc....................................................... 4, Commercial deposits subject to check.. .. Certified checks..................................... 1, Cashier’ s checks.................................. 12, Time commercial certificates of deposit. .. Savings deposits (book account)....... 154, Savings certificates of deposit............ 151, Customers’ bonds left with bank for safe keeping ..................................................... $35 , 000 00 7, 000 00 i o , 824 46 437 286, 802 200 937 227,’ 479 606 564 10 68 00 62 79 03 69 37 , 100 00 15, 450 00 18, 120 83 315 43 14, 800 00 4, 320 00 37, 100 00 $928, 952 37 Total $928, 952 37 STATE BA N K S OF M ICHIGAN 157 N o . 552. THE FIRST STATE BAN K , GOBLES. Organized November 2, 1914. H ow ard B . A l l e n , P r e s i d e n t j C harles L . B en nett, V i c e P r e s i d e n t j L o u is O. Gr a h a m , C a sh ier j E dna L . D a v i s , A s s i s t a n t C a s h i e r . D ir e c t o r s .— H o w a r d B . A lle n , A n s o n D . P e a s e , D . M . A lle n , S t a n le y S t y le s , M a r lin L . W i im o n t , C h a r le s L . B e n n e t t , L o u is O . G r a h a m . Statement October 3, 1928. Resources. Loans and discounts: Commercial ............ Savings .................. Real estate mortgages: Savings .................. Bonds and securities: Commercial ........... Savings................... Due from banks in reserve cities: Commercial ............ U. S. Bds. and Cert of Ind. as legal resene; Savings dept, only. Total cash on hand: Commercial ............ Overdrafts ................... Banking house.............. Furniture and fixtures. Other real estate......... Customers’ bonds left with bank for safe keeping ................ T o ta l................ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $96, 794 70 34, 218 86 Capital stock paid i n ................................... Surplus fund ................................................... $20, 000 00 12, 000 00 3, 474 09 Reserved for taxes, interest, depreciation, 43, 628 25 47, 699 00 61, 014 24 23, 867 32 Commercial deposits subject to check . . . Demand certificates of deposit.................. Savings deposits (book account)................ Savings certificates of deposit..................... Customers’ bonds left with bank for safe keeping ..................................................... 2, 82, 77, 84, 69, 473 923 505 704 101 90 86 09 04 57 8, 900 00 18, 050 00 9, 774 65 28 71 4, 965 63 9, 000 00 3, 141 19 8, 900 00 $361, 082 55 T o t a l..................................................... $361, 082 55 158 STATE BA N K IN G D EPARTM ENT No. 249. GRAND H A V E N STATE BANK , GRAND HAVEN. Organized September 12, 1901. One Branch. B. P . S herw ood, P r e s id e n t: E lbert L y n n , V H en ry J. C a sh ier ; ice P r es id e n t V erh oeks, ; A . E. G a l e , V ice P r es id e n t an d A u d ito r. D l S^KK” RS'V TG V J ’ T P ielk elii a ,T,E1^ e r t L y n n > p e t e r V a n L o p ik , J . E d g a r L e e , W . H . B e a c h , N . E ° b b m s PI F . H a r b e c k , B . P . S h e r w o o d , W . H . L o u t i t , H . S. R o b b in s , E d w . W . F . M o ll, J. F . J o h n s to n , J o h n H . R e ic h a r d t, P a u l A . J o h n so n . Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial .............................................. $437, 70o 83 Savings ..................................................... 335, 122 57 Real estate mortgages: .Commercial .................................. 58, 210 06 Savings .......................................................... 635,132 04 Bonds and securities: Commercial ................................................... 304,459 78 Savings .......................................................... 422,069 99 Due from Federal Reserve bank: Commercial .............................................. 56, 656 02 Savings ..................................................... 72, 000 00 Due from banks in reserve cities: Com m ercial..................... . 44 528 19 Savings ............................! ! ! . . ! X ! ! ! 38! 278 73 Exch. for C. H. and checks on banks in same place: Commercial .............................................. 10, 398 98 Total cash on hand: Commercial .............................................. 24, 386 00 Savings ..................................................... 15, 000 00 Overdrafts ............................................ 38764 Banking house........................... 60, 000 00 Other real estate............................................ 1, 500 00 Outside checks, revenue stamps and other cash items.................... 4, 909 99 Stock of Federal Reserve bank.................. 6! 000 00 Customers’ acceptances and letters of credit ....................................................... 1, 900 00 Trust department: Cash and due from banks in reserve cities 1, 400 78 T o ta l..................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $ 2, 530, 041 60 Capital stock paid in ................................... Surplus fund................................................... Undivided profits, net................................... Dividends unpaid.......................................... Reserved for taxes, interest, depreciation etc................................................................ Commercial deposits subject toch e ck ... . Certified checks.............................................. Due to other banks and bankers.............. State moneys on deposit.............................. Postal savings deposits................................ Savings deposits (book account).............. Savings certificates of deposit..................... Club savings deposits.................................. Customers' acceptances and letters of credit ....................................................... Trust department: Trust deposits totals..................................... T o ta l..................................................... $100, 100, 75, 2, 000 00 000 00 155 63 175 00 20, 674, 3, 29, 10, 925 26 420 57 895 64 482 91 000 00 33369 958, 359 44 483, 661 44 68, 331 24 i , 900 00 1, 400 78 $2, 530, 041 60 STATE BAN K S OF M ICHIGAN 15 9 No. 443. THE PE O PLE 'S SAYINGS BANK, GEAND HAVEN. Organized January 12, 1910. E d w ar d H o f m a , P r e s i d e n t ; H . J. D o r n b o s , W m . T h i e l e m a n , A . C a m p b e l l , V i c e P r e s i d e n t s ; F . C. B o l t , C a s h i e r ; W m . H . P e l l e g r o m , A s s i s t a n t C a s h i e r . D ir e c t o r s .— E d w a r d H o fm a , M . D e G lo p p e r , H . J . D o r n b o s , J o h n J. B o l t , W i ll ia m T h ie le m a n , G. L . D orn b os, S ta n sb erry. J. F. J oh n ston , Wm. V er D u in , A. C a m p b e ll, John H o ffm a n , W. H. Statement October 3, 1928. Loans and discounts: Commercial .............................................. Savings ..................................................... Real estate mortgages: Commercial ................................................... Savings ..................................................... Bonds and securities: Savings ..................................................... Due from Federal Reserve bank: Commercial .............................................. Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Savings ..................................................... Exch. for C. H. and checks on banks in same place: Commercial .............................................. Total cash on hand: Commercial .............................................. Savings ..................................................... Overdrafts ..................................................... Banking house................................................ Furniture and fixtures.................................. Customers’ bonds left With bank for safe keeping ..................................................... Stock of Federal Reserve bank................ T o ta l..................................................... $274, 265, 897 35 761 57 11, 412, 619 61 767 57 211, 487 50 18, 327 71 26, 500 00 Capital stock paid in ................................... Surplus fund................................................... Undivided profits, net................................... Commercial deposits subjectto check. . . . Certified checks.............................................. State moneys on deposit......................... Savings deposit (book account)................ Savings certificates of deposit..................... Club savings deposits..................................... Bills payable................................................... Customers’ bonds left with bank for safe keeping ..................................................... $50, 50, 35, 261, 5, 498, 339, 24, 20, 000 00 000 00 285 47 326 50 7544 000 00 536 02 430 85 843 36 000 00 8, 750 00 505 33 1, 698 42 1 ,8 1 3 34 21, 10, 1, 20, 4, 071 000 048 000 000 03 00 21 00 00 8, 750 00 3 ,0 0 0 0 0 $1, 293, 247 64 T o ta l..................................................... $1, 293, 247 64 No. 308. THE GEAND LEDGE STATE BAN K , GEAND LEDGE. Organized May 2, 1905. A. R . G il l ie s , P r e s i d e n t ; W . R . G ranger, V i c e P r e s i d e n t ; H . D . T o w n er, V i c e P r e s i d e n C a sh ier ; W . F . R o b in s o n , A s s i s t a n t C a s h i e r . D ir e c t o r s .— W . R . C la r k e , A . R . G illie s , W . R . G r a n g e r , H . D . T o w n e r , J . D . H u lc e , t an d W . H . O d in g , R . A . L a t t i n g . Statement October 3, 1928. Liabilities. Resources. Loans and discounts: Commercial ..................... Savings ............................ Real estate mortgages: Commercial ..................... Savings ............................ Bonds and securities: Savings ............................ Due from banks in reserve cities : Commercial ..................... Savings ......................... U. S. Bds. and Cert, of Ind. as legal reserve : Savings dept, only.................. Exch. for C. H. and checks on banks in same place: Commercial .................. . Total cash on hand: Commercial ..................... Savings ........................... Overdrafts ........................... Banking house....................... Furniture and fixtures......... Customers’ bonds left with bank for safe keeping ......................... T o ta l..................................... ............... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $268, 295 09 107, 851 94 2, 100 00 383, 533 05 297, 164 18 22, 912 48 19, 731 85 Capital stock paid i n ................................... Surplus fund................................................... Undivided profits, net................................... Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject to check.. . . Demand certificates of deposit................... Certified checks.............................................. State moneys on deposit.............................. Savings dposits (book account)................ Savings certificates of deposit..................... Customers’ bonds left with bank for safe keeping ...................................: ................ $50, 000 00 25, 000 00 3, 659 09 5, 000 00 205, 220 57 88, 561 31 441 10 10, 000 00 633, 057 50 214, 729 59 487, 709 00 66, 050 00 1, 728 77 7, 10, 1, 35, 12, 558 000 242 000 500 84 00 96 00 00 487, 709 00 $1, 723, 378 16 Total $1, 723, 378 16 160 STATE BA N K IN G D EPARTM ENT No. 389. LOAN AND DEPOSIT STATE BANK , GRAND LEDGE. Organized February 29, 1908. F eed L . B e r r y , P r e s i d e n t j D . I>. S h a n e , V i c e P r e s i d e n t ; E d w a r d P. M i l l s , C a s h i e r • F . G. N i c h o l s , A s s i s t a n t C a s h i e r . D ir e c t o r s ^— -F r e d L . B e r r y , P e t e r V a n A l l s b u r g , J. B . S t r a n g e , E d w a r d P . M ills , C. M . M a r is , D. D . S h a n e , F . G . N ic h o l s , I . S. B y a m , It. A l e x a n d e r , E . R . T a y l o r , B r u c e E . A n d e r s o n . Statement October 3, 1928. Resources. Loans and discounts: Commercial ........... ............................. Savings ....................................... Real estate mortgages: Commercial ......................................... Savings .............................. ... Bonds and securities: Savings ......................................... Due from banks in reserve cities: Commercial .............................................. Savings ..................................... ... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Total cash on hand: Commercial .............................................. Savings ................................................ Overdrafts ..................................... Banking house....................... .. Furniture and fixtures Customers’ bonds left with bank for safe keeping ..................................................... Total Liabilities. $199, 698 49 88, 885 26 11, 505 83 259, 891 53 139, 500 00 26, 047 63 33, 300 52 Capital stock paid in. . ............................... Surplus fund......... ..................................... Undivided profits, net................................... Dividends unpaid............................................ Commercial deposits subject to check. . . . Demand certificates of deposit.................. Certified checks.............................................. State moneys on deposit............................ Savings deposits (book account) . . . . . . . Savings certificates of deposit..................... Customers’ bonds left with bank for safe keeping ..................................................... $ 50, 25, 6, ’ 139, 63, x, 10’ 337’, 220, 000 000 549 24 877 352 9x 6 000 477 109 00 00 95 00 10 13 00 00 58 13 242, 350 00 30, 650 00 3, 639 22 15, 000 00 187 41 37, 000 00 9, 000 00 242, 350 00 $1, 096, 655 89 Total $1, 096, 655 89 * CITIZENS IN D U STRIA L BA N K , GRAND RAPIDS. Organized October 26, 1927. T heron H G o o d sp e e d , P r e s i d e n t ; F red A . W u r zb u r g , D a v id W o l f , V i c e P r e s i d e n t s ; b r e d H . T r a v i s , C a s h i e r ; C la r e n c e T i m m e r , A s s i s t a n t C a sh ier. D ir e c t o r s . T h e r o n H . G o o d s p e e d , F r e d A . W u r z b u r g , D a v id W o l f , J o h n B . M a r t in F red II. T r a v i s , A d r i a n O tt e , M il o S c h u it e m a , T h o m a s K in d e l, I . C. B r a d b u r y , J o h n D . K o r e l . Statement October 3, 1928. Resources. Loans, viz.: Notes receivable, industrial p l a n , ,. . Cash on hand................................................ Furniture and fixtures................................. Cash short............................................. ’ ’ ’ Total ................................................... Liabilities. $ 6 1 2 ,9 8 0 11, 3 x 0 5! 911 ' 287 85 54 93 63 $630, 490 95 C o m m e n c e d b u s in e s s J a n u a r y 1 6 , 1 9 2 8 . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Capital stock paid i n . . . . ....................... Surplus fund .............................................. Undivided profits, earned ..................... Reserve for taxes, interest, etc........... Payments on installment certificates: Hypothecated .......................................... Unhypotheeat'ed ..................................... Investment certificatesoutstanding.............. Notes and bills payable............................ Total ................................................... $10 0 ,0 0 0 36, 112 3 ,0 8 0 3 ,9 8 2 286, 148, 47, 5, 00 72 16 48 394 52 021 07 900 00 000 00 $630, 490 95 161 STATE BAN K S OF M ICHIGAN N o . 61. THE GRAND RAPIDS SAYINGS BAN K , GRAND RAPIDS. Organized May 1, 1872. Corporate existence extended M ay 1, 1902. Fifteen Branches. W i l l i a m A lden S m i t h , C h a i r m a n o f t h e B o a r d . C h a r l e s W . G a r f ie l d , C h a i r m a n E x . C o m . G il b e r t L. D a a n e , P r e s i d e n t ; A r t h u r M. G o d w in , E ar l C. J o h n s o n , E a r l D , A l b e r t s o n , V ice P r es id e n ts j O r iiin B. D a v e n p o r t , C a s h i e r j H . F red O l t m a n , T on y N o o r d b w ie r , H a r r y J. P r o c t o r , A s s i s t a n t C a s h i e r s . D ir e c t o r s .— N o y e s L . A v e r y , W i ll ia m I I . G ilb e r t , W i ll ia m A ld e n S m it h , J o h n B . M a r t in , A r t h u r II. V a n d e n b u r g , J o s . H . B r e w e r , C h a s . J. K in d e l, F r e d A . W u r z b u r g , G e o r g e A . R u m s e y , G ilb e r t L . D a a n e , C h a s . M . I l e a l d , A r t h u r M . G o d w in , T o m T h o it s , J . H a m p t o n I l o u l t , C h a s . W . G a r fie ld , J o h n H e k m a n , W i n f r e d J. W a l la c e , H a r r y C. L e o n a r d . Statement October 3, 1928. Liabilities. Resources. Loans and discounts: Commercial .............................................. $7, 084, 342 37 Savings ....................... '............................. 2, 835, 302 12 Real estate mortgages: Commercial .............................................. 257, 691 46 Savings ............................................ 6, 883, 800 63 Bonds and securities: Commercial.............................................. 1, 671, 743 85 Savings ..................................................... 593, 706 50 Due from Federal Reserve bank: Commercial .............................................. 1, 511, 382 00 347, 506 09 Savings ..................................................... Due from banks in reserve cities: Savings ...................................................... 1, 320, 077 00 Exch. for C. H. and checks on banks in same place: Commercial .............................................. 300, 000 00 Savings ..................................................... 278, 621 32 Total cash on hand: Commercial .............................................. 100, 000 00 Savings ..................................................... 291, 703 99 Overdrafts ..................................................... 4, 585 68 Banking h ou se.............................................. 750, 000 00 Furniture and fixtures................................. 3 1 0 ,3 3 1 07 Customers’ bonds left with bank for safe keeping ...................................................... 587, 200 00 Outside checks, revenue stamps and other cash ite m s ................................................. 149, 827 23 Stock of Federal Reserve bank................ 45, 000 00 Customers’ acceptances and letters of credit ............................. 17, 995 00 Other assets ................................................ 8, 000 00 Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $25, 348, 816 31 Capital stock paid in. . . ............................ Surplus fund .............................................. Undivided profits, net................................... Dividends unpaid ....................................... Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject to check.. . Demand certificates of deposit.................. Certified checks ............................................ Cashier’ s checks .......................................... Due to other banks and bankers.............. State moneys on deposit.............................. Postal savings deposits................................ Savings deposits (book account).............. Savings certificates of deposit................... Club savings deposits................................ Notes and bills rediscounted..................... Customers’ bonds left with bank for safe keeping ..................................................... Customers’ acceptances and letters of credit ....................................................... Total $500, 1, 000, 66, 4, 000 000 863 094 00 00 52 00 116, 191 9, 156, 414 132, 500 2 4 ,0 2 5 236, 807 9 1 4 ,1 6 1 150, 000 833 8, 829, 179 2, 027, 717 725, 805 859, 027 82 11 00 06 17 60 00 64 92 07 71 69 587, 200 00 17, 995 00 $25, 348, 816 31 162 STATE BA N K IN G D EPARTM ENT GRAND RA PIDS TRUST COMPANY, GRAND RAPIDS. Organized April 1, 1913. J o s e p h H. B r e w e r , P r e s i d e n t ; A l e x a n d e r W . H o m p e , L ee M. H u t c h i n s , P . G. D e a n e , E. P . B ir d s a l l , P au l P . St e k e t e e , P . D . K l in e , V i c e P r e s i d e n t s : J a m e s R . H oope r, V i c e P r es id e n t an d T ru st O f f i c e r ; F r a n k V. B u r r o w s , A s s i s t a n t T ru st O f f i c e r ; A . E. W e l l s , S e c r e ta r y ; J o s e p h B. W a r e , A s s i s t a n t S e c r e t a r y ; H e n ry C. W o r f e l , T r e a s u r e r ; F r a n k . W . S c h m i d t , A s s i s t a n t T r e a s u r e r ; F red A. W o r d e n , M a n a g e r R e a l E s t a t e D e p a r t m e n t ; L ee W . F i n c h , M a n a g e r B o n d D e p a r t m e n t ; C. L eo V an F r a n k , A u d i t o r . D ir e c t o r s .— J o s e p h H . B r e w e r , L e e M . H u t c h in s , M e lv il le R . B i s s e ll, J r ., A l e x a n d e r W . H o m p e , W m . H . L o u t i t , T h e r o n II. G o o d s p e e d , D a v id W o l f , S a m u e l D . Y o u n g , J o s e p h M u r p h y , G e r r i t t J . D ie k e m a , E l l is W . R a n n e y , L e w is T . W i lm a r t li , F r a n k G . D e a n e , J a m e s R . H o o p e r , E d w i n O w e n , P a u l F . S t e k e t e e , L o u is A . C o r n e liu s , C h a s . N . R e m i n g t o n , C la r e n c e J . V a n E tt.en . Statement October 3, 1928. Resources. Collateral loans: T im e .......................................................... Demand ................................................... Loans on real estate mortgages: In office ................................................... With State Treasurer......... .................... Other loans .......................... ...................... Bonds: In office . . ............................................... Stocks ............................................................ Other investments ........................................ Advances to trusts....................................... Safe deposit vaults..................................... Furniture and fixtures................................ Banking house ............................................ Due from approved reserve agents............ Due from other banks and b a n k e rs,... Outside checks and cash items................ Cash ............................................................... Other assets ................................................. Total ............................. ' . ................. Liabilities. $95, 655 23 8 , 300 00 297, 253 27 204, 300 00 22, 008 92 597, 483 3, 000 5, 007 384, 223 31, 323 243, 857 775, 000 3 0 5 ,1 9 6 1 ,5 3 1 100, 522 2, 296 6, 526 78 00 98 46 15 88 00 09 50 18 81 40 $3, 083, 486 65 Capital stock paid i n ....................... .. Surplus f u n d ................................................. Undivided profits ....................................... Dividends unpaid ....................................... Corporate agency deposits............................ Trust deposits ............................................ Certificates of d ep osit................................. Bills payable ..................................... Other liabilities .......................................... Total ................................................... $ 7 5 0,00 0 800, 000 77, 415 4, 206 730, 464 1 9 9 ,8 3 4 137, 986 3 7 0 ,0 0 0 13, 578 00 00 76 00 88 49 82 00 70 $3, 083, 486 65 No. 689. HOME STATE B A N K FOR SAYINGS, GRAND RAPIDS. Organized March 2, 1922. C h a s . B. K e l s e y , P r e s i d e n t ; J o h n S. M c D o n a l d , F r a n k A . H a r v e y , V i c e P r e s i d e n t s ; M a r t in D . V e r d ie r , E x e c u t i v e V i c e P r e s i d e n t ; N ea l V an O s t e n b u r g , C a s h i e r ; I . K . Sto u g h . A s s i s t a n t C a s h i e r . D ir e c t o r s .— J a s . C. E v e r e t t , P. J. H a a n , F r a n k A . H a r v e y , E . B e r k e y J o n e s , C h a s . B . K e ls e y , F r e d H . L o c k e , J o h n S. M c D o n a ld , A . L in n M u r r a y , M a r t in D . V e r d ie r , J o h n G. E m e r y , L e o n W . H a r r i n g t o n , S im e o n L e K o y , M ilo S c h u it e m a , C. G . J o h n s o n , N e a l V a n O ste n b u rg , H . N. B a ttje s . Statement October 3, 1928. Resources. Loans and discounts: Commercial .............................................. Savings ................................................... Real estate mortgages: Commercial . ............................................. Savings .............................................. Bonds and securities: Commercial .............................................. Savings ................................................... Due from Federal Reserve bank: Commercial .............................................. Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Savings ..................................................... Exch. for C. H. and checks on banks in same place: Commercial ............................................ Total cash on hand: Commercial .............................................. Savings ..................................................... Overdrafts ...................................................... Banking house .......................................... Furniture and fixtures................................... Other real estate.......................................... Stock of Federal Reserve bank................ Total Liabilities. $12, 166 46 1, 046, 375 32 233, 874 66 3, 645, 447 55 200, 699 20 1, 347, 313 45 50, 000 00 221, 045 98 $400, 125, 78, 3, 387, 10, 50, 5, 072, 1, 118, 191, 000 000 668 363 278 532 856 000 086 675 449 00 00 76 00 81 89 43 00 92 49 98 3 7 ,9 3 9 61 203, 438 38 4 5 ,3 1 1 74 57, 256 43 30, 085 90 552 18 228, 955 68 55, 748 85 5, 950 89 15, 750 00 ................................................... $7, 437, 912 28 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Capital stock paid in .............................. Surplus fund ................................................. Undivided profits, net................................. Dividends unpaid .......................................... Commercial deposits subject to check. . . . Certified checks ............................................ Cashier’ s checks ....................................... State moneys on deposit.............................. Savings deposits (book account)............ Savings certificates of deposit................ Club savings deposits................................... Total ................................................... $7, 437, 912 28 STATE BAN K S OF M ICHIGAN 163 THE IN D U STRIAL B A N K OF GRAND RAPIDS. Organized April 16, 1918. J ohn E . F r e y , P r e s i d e n t ; St u a r t E . K n a p p e n , V i c e P r e s i d e n t ; R u d o l p h M . B r e m e r , T re a su r er ; W i l l i s J . R i p l e y , S e c r e t a r y ; H a r r y B. L o c k s , A s s i s t a n t S e c r e t a r y ; R en a F . J a c k s o n , A s s i s t a n t T r e a s u r e r j R a l p h T. W il l a r d , A u d i t o r . D ir e c t o r s .— J o h n E . F r e y , T h o m a s T h o it s , K e ll a r S te m , S t u a r t E . K n a p p e n , D a n ie l W . K im b a ll, E a r l M . J o h n s o n , D o u g la s M . R a y , W i l l i s J . R i p l e y . Statement October 3, 1928. Resources. Liabilities. Loans, viz.: Notes receivable, industrial p l a n . .. . $ 1 ,3 1 9 ,0 1 4 Notes receivable, other............................ 38. 816 Municipal bonds ........................................ 235, 960 Real estate mortgage bonds..................... 205, 391 Miscellaneous bonds ................................... 533, 565 Due from banks in reserve cities............ 337, 955 Cash on hand.............................................. 7, 373 Checks and other cash items................ 1, 391 Banking h ou se.............................................. 90, 000 1 Furniture and fixtures................................ Total 96 52 38 64 24 51 44 83 00 00 ................................................... $2, 769, 470 52 Capital stock paid in ................................... Surplus fund .................. ............................. Undivided profits, earned......................... Reserve for taxes, interest, etc................ Discount collected unearned....................... Payments on installment certificates: Hypothecated ............................................ Unhypothecated....................................... Investment certificates outstanding......... Option to purchase real estate................ Total $50, 000 100, 000 10, 138 2 1 ,1 2 8 39, 700 502, 1, 657, 288, 100, 802 622 077 000 00 00 17 78 65 85 97 10 00 ................................................... $2, 769, 470 52 No. 402. THE K EN T STATE BANK , GRAND, RAPIDS. Organized M ay 14, 1908. Twelve Branches. H enry I dem a. P r e s i d e n t ; A . B aarm an, V i c e P r e s i d e n t s ; C a s h i e r ; F . L . V e r d ie r , W . D ir e c t o r s .— H e n r y I d e m a , A. H e b e r W . C u r t is , B e n j. C o n g e r, P a u l F . S tek etee. W . H o m p e , H eber W . C u r t i s , T . W . H e f f e r a n , C a s p a r H en ry V e r h o e k , A s s i s t a n t V i c e P r e s i d e n t ; E . D . C o n g e r , T . D o s k e r , A s s i s t a n t C a s h i e r s ; C l if f o r d B u c h a n a n , A u d i t o r . W . H o m p e , F . S. F o o t e , B e n j. S. H a n c h e t t , M. S. K e e la r , W o l f , F . M . D e a n e , T . W . H e ffe r a n , C a s p a r B a a r m a n , E . D . Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial .............................................. $5, 604, 935 65 Savings...................................................... 3, 069. 930 06 Real estate mortgages: Commercial .............................................. 75, 400 00 Savings ..................................................... 7, 982, 156 37 Bonds and securities: Commercial .............................................. 348, 791 00 Savings ..................................................... 1, 735, 558 76 Due from Federal Reserve bank: • Commercial .............................................. 666, 031 96 Savings ..................................................... 377, 620 08 Due from banks in reserve cities: Commercial .............................................. 913, 431 24 Exch. for C. H. and checks on banks in same place: Commercial ............................................. 3 7 1 ,0 3 8 43 96, 692 97 Savings ..................................................... Total cash on hand: Commercial .............................................. 395, 353 65 Savings ..................................................... 173, 864 90 Overdrafts ................................................... 4, 929 21 Banking house ............................................ 936, 398 09 Furniture and fixtures.................. 270, 989 72 Other real estate........................................ 38, 070 66 Due from banks other than in reserve cities ........................................................ 142, 143 95 Customers' bonds left with bank for safe keeping ..................................................... 409, 550 00 Outside checks, revenue stamps and other cash ite m s ................................................. 65, 352 81 Stock of FederalReserve bank................... 60, 000 00 Customers’ acceptances and letters of credit ........................................................ 43, 603 00 Capital stock paid i n ................................. $1, 000, 000 00 Surplus fund .............................................. 1, 000, 000 00 300, 797 10 Undivided profits, net.................................. Dividends unpaid ....................................... 4, 252 50 Reserved for taxes, interest, depreciation, etc................................................................ 86, 659 99 Commercial deposits subject to check. . . . 6, 169, 037 35 20, 119 69 Demand certificates of deposit.............. Certified checks ............................................ 28, 789 64 Cashier’ s checks .......................................... 69, 573 28 Due to other banks and bankers............ 1, 446, 484 65 State moneys on deposit............................ 310, 507 87 Postal savings deposits .............................. 1, 693 90 U. S. Government deposits.......................... 24, 010 00 Savings deposits (bookaccount)................ 9, 490, 113 03 Savings certificates of deposit................... 2, 837, 075 51 Club savings deposits................................... 227, 575 00 Bills payable ............................................... 312, 000 00 Customers’ bonds left with bank for safe keeping ......... .................................. .. 409. 550 00 Customers' acceptances and letters of credit ........................................................ 43, 603 00 Total ...................................................$23, 781, 842 51 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Total $23, 781, 842 51 164 STATE BAN K IN G D EPARTM ENT THE M ICH IG AN TRUST COMPANY, GRAND RAPIDS. Organized June 1, 1889. Corporate existence extended June 1, 1919. - N o ye s L. A v e r y . C. G i l l i e , V i c e I r e a s u r e r j P r e s id e n t; J o h n II. S c k o u t e n , H e n r y P r e s id e n ts ; A . C. S h a r p e , T r e a s u r e r ; S e c r e t a r y j A bend V. D u b e e , A s sista n t S e cr eta r ies . C. S. J o h n s o n , S. P a l m e r , D ir e c t o r s .—- E d w a r d I d e m a , G eorge C. T h o m s o n , G uy J. D on ald M c C o r m i c k , A s s i s t a n t W il l ia m H . P e r k in s , A lexan der L o w e , F. A . G o r h a m , H e n r y I d e m a , D u d l e y E. W a t e r s , J a m e s D. L a c e y , J o h n D u ffy , M in e r S. K e e le r , T h o s . W in . H e ff e r a n , N o y e s L . A v e r y , C la r e n c e S. D e x t e r , C h a s . T . M it c h e ll, A u g u s t II. L a n d w e h r , J o h n H . S c h o u t e n , G e o r g e C. T h o m s o n , D a v id A . W a r n e r . Statement October 3, 1928. Resources. Liabilities. Collateral loans: Time ........... Demand .............. Loans on real estate mortgages: In o f fi c e ................ With State Treasurer.. Other l o a n s ................ Bonds: In office ..................... With State Treasurer....................... Stocks Real estate o w n e d ....................... Advances to trusts ............ Safe deposit vaults . . . . ... Furniture and fixtures..................... Due from approved reserve agents Outside checks and cash item s.. Cash ................................... Items in tr a n s it ............................ Certificates of deposit..................... Other a s s e t s ..................................... Total $155 525 33,’ 265 02 292, 702 79 72, 300 00 7, 675 71 858, 190, 209, 57, 370, 4, 38, 789, 11, 13, 9, 5, 182, 146 010 644 119 057 000 465 857 625 240 458 001 709 62 33 79 36 07 00 78 96 33 96 26 00 00 Capital stock paid in ................................... $1,000, 000 00 500, 000 00 Surplus fund .............................................. Undivided profits ........................................ 293, 601 87 53, 038 07 Reserve for taxes, etc................................ Due to banks and bankers......................... 1, 956 97 8, 170 00 Dividends unpaid ....................................... Corporate agency deposits......................... 358, 613 57 Trust deposits ............................................ 927, 351 87 Certificates of deposit................................ 110, 438 60 Other liabilities .......................................... 47, 635 00 ................................................... $3, 300, 805 95 Total .............................. .................... $3, 300, 805 95 No. 359. THE G RAN DVILLE STATE BANK , G RAN DVILLE. Organized January 18, 1907. H ar or d T. S l a g h t , P r es id e n t L ee D ir e c t o r s .— E v e r t B o u w k n e g t, an d J o h nso n, C a sh ier ; G a r r it Z u id e m a , A s sista n t V ice P r es id e n t; C a sh ier. H a r o ld T . S la g h t , G a r r e t D u d le y E . W a t e r s , Z u id e m a , A lic e Z u id e m a , Statement October 3, 1928. Resources. Loans and discounts: Commercial .............................................. Savings ..................................................... Real estate mortgages: Savings » ................................................... Eonds and securities: Commercial .............................................. Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Savings ................................................ S. Bds. and Cert, of Ind. as legal reserve : Savings dept, only................................ Total cash on hand: Commercial .............................................. Overdrafts ..................................................... Banking house ............................................ Furniture and fixtures................................... Other real estate................................ .. Liabilities. $87, 810 86 59, 947 59 124, 698 23 63, 440 86 51, 026 90 Capital stock paid in .......................... Surplus fund ....................................... .. Undivided profits, net............................ Commercial deposits subject to check. Demand certificates of deposit......... Savings deposits (book account) Savings certificates of deposit......... $20, 4, 9, 99, 76, 154, 145, 000 000 717 213 081 861 420 00 00 03 72 83 89 65 47, 498 39 14, 805 07 U Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 18, 950 00 11, 8, 12, 3, 6, 456 061 000 300 300 10 12 00 00 00 $509, 295 12 Total $509, 295 12 STATE BAN K S OF M ICHIGAN 165 No. 340. THE GRANT STATE BA N K , GRANT. Organized February 28, 1906. C o r n e l iu s G e r b e r , P r e s i d e n t ; P . D r u m m o n d , R. E. K in c a id , V i c e P r e s i d e n t s ; H . M c K in l e y , C a s h i e r ; F. W . T i t u s , A s s i s t a n t C a s h i e r . D ir e c t o r s .— P. D r u m m o n d , H . M c K i n l e y , E. C la ir e K e m p f, C o r n e l i u s G e r b e r , M ilo A . W h it e , R. E. K in c a i d . Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial .............................................. Savings ..................................................... Real estate mortgages: Savings ..................................................... Bonds and securities: Savings ................................................... Due from banks in reserve cities: Commercial .............................................. Savings .............................................. Total cash on hand: Commercial .............................................. Savings ....................... * ........................... Overdrafts ................................................... Banking house ....................................... Furniture and fixtures................................ Other real estate............................................ Customers’ bonds left with bank for safe keeping ..................................................... Outside checks, revenue stamps and other cash items .............................................. $130, 386 28 87, 015 04 162, 927 65 73, 400 00 3, 194 37 50, 442 22 ! I' ffUterc»- *** •• 00 00 93 27 25 15 2, 000 00 • * 'rr9-' • MUDiFIifFFI' I N N f IT $30, 000 18, 000 6, 229 124, 589 227, 305 1 3 1 ,1 1 2 " 4, 104 53 * 10, 000 00 51 15 6, 200 00 3 , 949 00 164 88 2, 000 00 5, 401 48 T o t a l ..................................................... __________ ) Capital stock paid i n ................................ Surplus f u n d ................................................. Undivided profits, net................................ Commercial deposits subject to check. . Savings deposits (book account).............. Savings certificates of deposit................ Customers’ bonds left with bank for safe keeping ..................................................... $539, 236 60 ' ‘ 1 Total ................................................... $539, 236 60 ; No. 27. THE FARM ERS ’ STATE BANK , GRASS LAK E. Organized April 24, 1883. Corporate existence extended April 24, 1913. W . H obart, V i c e P r e s i d e n t ; F . G . M elle n c a m p, C a s h H. ,T. K n i g h t , A s s i s t a n t C a s h i e r . D ir e c t o r s .— E . J . F o s t e r , E . W . C r a f t s , E . W . H o b a r t , F . H . S h e lly , H . J . K n ig h t , G . M e lle n c a m p , E . F . R o b in s o n , W . K . C r a f t s , H . B . M e lle n c a m p . E. J. F o ster, P r es id e n t; E. ier ; F. Statement October 3, 1928. Resources. Loans and discounts: Commercial ............ Savings ................... Real estate mortgages: Commercial ............ Savings ................... Bonds and securities: Commercial ............ Due from banks in reserve cities: Commercial .......... Savings .................. U. S. Bds. and Cert of Ind. as legal reserve: Savings dept. only. Total cash on hand: Commercial ............ Savings ................... Overdrafts .................. Banking house ......... Other real estate.. . . Customers’ bonds left with bank for safe keeping ................... Total ................ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $129, 832 04 45, 000 00 8, 075 02 149, 674 77 14, 050 00 26, 362 62 21, 038 18 Capital stock paid in ................................. Surplus fund ................................................. Undivided profits, net.............................. Reserved for taxes, interest, depreciation, Commercial deposits subject to check. . . . Certified checks ............................................ Postal Savings deposits.............................. Savings deposits (book account)................ Club savings deposits................................... Customers’ bonds left with bank for safe keeping ..................................................... $25, 000 00 25, 000 00 10, 617 87 933 137, 767 31 11 165, 347 124, 205 224 66 30 15 70 56 42 20 59, 850 00 61, 000 00 10, 830 76 2, 000 00 404 25 10, 250 00 10, 621 22 59, 850 00 $548, 988 86 *548. 988 86 160 STATE B A N K IN G D EPARTM ENT No. 518. THE M IN E R S ’ AND M ER C H A N TS’ STATE BANK , GREENLAND. Organized July 17, 1912. W . B . H a n n a , P r e s i d e n t ; C. H . B r o w n , V i c e P r e s i d e n t ; C la r e n c e J. D tjbuqtje, C a s h i e r ; O l iv e G. C h y n o w e t h , A s s i s t a n t C a s h ie r . D ir e c t o r s .— A n d r e w H a l t e r , W . B . H a n n a , C . H . B r o w n , R a o u l R o u s s e a u , W i l l i a m M c C lo s k e y , C la r e n c e J. D ubu que, F red R ogers. Statement October 3, 1928. Resources. Loans and discounts: Commercial .............................................. Savings ..................................................... Real estate mortgages: Savings ..................................................... Bonds and securities: Commercial ............................................ Savings ................................................. Duo from banks in reserve cities: Commercial .............................................. Savings..................................................... U. S. Bds. and Cert, of Ind. as legal reserve : Savings dept, only................................... Total cash on hand: Commercial .............................................. Savings ..................................................... Overdrafts ..................................................... Banking h ou se.............................................. Furniture and fixtures................................ Other real estate................................... Total ................................................... Liabilities. $50, 036 80 24, 000 00 34, 970 00 36, 502 50 78, 490 00 Capital stock paid in ................................ Surplus fund ................................................. Undivided profits, net................................ Commercial deposits subject to ch e c k ... Cashier’ s checks .......................................... State moneys on deposit............................ Time commercial certificates of deposit.. Savings deposits (book account)........... $20, 000 10, 000 8, 481 6 9 ,9 4 7 265 5, 000 16, 098 145, 105 00 00 75 89 65 00 00 91 17, 128 53 5, 895 23 10, 000 00 6, 908 69 5, 000 00 23 12 3, 500 00 , 150 00 , 294 33 1 1 $274, 899 20 Total $274, 899 20 No. 263. COMMERCIAL STATE SAVINGS BA N K , GREENVILLE. Organized June 10, 1902. C h a s . M . M il l e r , P r e s i d e n t ; E . A . K e m p , E . W . R an n ey, V ic e P r e s i d e n t s ; Claude V . C o a t s , C a s h i e r ; W . G. C l a r k , A s s i s t a n t C a s h i e r . D ir e c t o r s .— E . A . K e m p , C h a s . M . M i ll e r , E . W . R a n n e y , G e o r g e C . B o w e r , C la u d e V . C o a t s , W. G . C la r k , L . S t a n le y K em p, LeRoy W. R anney. Statement October 3, 1928. Resources. Loans and discounts: Commercial .............................................. Savings ...................................................... Real estate mortgages: Savings ................................................... Bonds and securities : Commercial .............................................. Savings ..................................................... Due from Federal Reserve bank: Commercial .............................................. Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Savings ..................................................... Exch. for C. H. and checks on banks in same place: Savings ..................................................... Total cash on hand: Commercial ......................... Savings ............. Overdrafts ..................................................... Furniture and fixtures................................ Customers’ bonds left with bank for safe keeping ..................................................... Outside checks, revenue stamps and other cash items ............................................... Stock of Federal Reserve bank................ Total Liabilities. $379, 400 44 248, 685 55 211, 865 75 69, 237 50 456, 480 00 27, 822 53 30, 000 00" 1 8 ,5 7 4 73 2, 785 94 $50, 000 00 50, 000 00 9, 569 66 12, 194, 226, 2, 1, 332, 591, 6, 500 920 995 527 533 786 855 252 00 45 60 51 81 21 81 35 ¿27, 100 00 1, 744 83 7 ,9 9 5 1 3 ,2 5 5 374 3, 904 33 17 40 61 227, 100 00 3, 814 62 3 ,0 0 0 0 0 ................................................... $1, 706, 041 40 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Capital stock paid in ................................ Surplus f u n d ................................................. Undivided profits, net................................... Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject to check. . . Demand certificates of deposit.................. Cashier’ s checks .......................................... State moneys on deposit............................ Savings deposits (book account)............ Savings certificates of deposit................ Club savings deposits ................................ Customers’ bonds left with bank for safe keeping ....................... '............................. Total ................................................... $1, 706, 041 40 STATE BA N K S OF M ICHIGAN 167 No. 188. GREEN VILLE STATE BA N K , GREENVILLE. Organized March 24, 1896. Corporate Existence Extended March 24, 1926. C harles J . G ib s o n , P r e s i d e n t ; W m . H . B r o w n e , J. S. G ib s o n , V i c e P r e s i d e n t s ; A. J. S u f f e r n , C a s h i e r ; S. W m . N ie l s e n , E. E. F r i e s , A s s i s t a n t C a s h i e r s . D ir e c t o r s .— J. S. G ib s o n , W m . H. B r o w n e , C h a r le s J. G ib s o n , D. H . M oore, B a y S. C ow in , F. E. T ow er, A. J. S u ffe r n . Statement October 3, 1928. Resources. Liabilities. $691, 919 24 52, 049 29 204, 327 94 115, 002 50 209, 900 00 157, 890 41 Capital stock paid in ................................... Surplus fund .............................................. Undivided profits, net.................................. Commercial deposits subject to check. . . . Demand certificates of deposit................ Cashier’ s checks .......................................... Savings deposits (book account)............. Savings certificates of deposit................... Customers’ , bonds left with bank for safe keeping ..................................................... 000 000 990 886 452 109 226 801 00 00 41 54 26 34 01 95 203, 000 00 61, 900 00 4, 137 43 © 17, 718 58 10, 000 00 307 19 15, 000 00 7, O il 10 302 83 203, 000 00 $1, 780, 466 51 Total $100, 50, 15, 333, 535, 8, 329, 204, CO Loans and discounts: Commerical ............................................... Savings ..................................................... Real estate mortgages: Savings ................................................... Bonds and securities: Commercial .............................................. Savings ...................................................... Due from banks in reserve cities: Commercial .............................................. U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Exch. for C. H. and checks on banks in same place: Commercial .............................................. Total cash on hand: Commercial .............................................. Savings ................................................... Overdrafts ..................................................... Banking house ............................................ Furniture and fix tu res............................. Other real estate............................................ Customers’ bonds left with bank for safe keeping ...................................................... Total ..........................' ....................... $1, 780, 466 51 No. 556. THE GROSSE POINTE SAVINGS BAN K , GROSSE POINTE. Organized December 14, 1914. F rank W. H u b b a r d , P r e s i d e n t ; L. S . T r o w b r id g e , V i c e P r e s i d e n t ; C a s h i e r ; H arry A. F u r ton , A s s i s t a n t C a sh ier. D ir e c t o r s .-— F r a n k W . H u b b a rd , F . C. B u rd en , D . D . M . F e r r y , L . S. T r o w b r id g e , D . D . D o u g l a s , B . T r i x , L a n g d o n H u b b a r d , C a r t e r S a le s . F. C. F lum erfelt, S . C a r t e r , R . P . C o n n o r , E . J . H ic k e y , G e o . O s iu s , J o s . B . S c h lo t m e n , H e r b e r t Statement October 3, 1928. Resources. Loans and discounts: Commercial ............................................. Savings ................................................... Real estate mortgages: Commercial ............................................ Savings..................................................... Bonds and securities: Commercial ............................................... Savings ..................................................... Due from banks in reserve cities: Commercial ........................................ Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Total cash on hand: Commercial .............................................. Saving ..................................................... Overdrafts ...................................................... Banking house ............................................ Furniture and fixtures................................ Other real estate.......................................... Accrued interest, receivable (n e t).......... Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. 289, 236 66 293, 791 45 37, 937 85 347, 097 78 159, 706 23 126, 705 03 Capital stock paid in .............................. Surplus f u n d ................................................. Undivided profits, net................................... Commercial deposits subject to ch e c k ... Certified checks .......................................... Cashier’ s checks .......................................... Savings deposits(book account)............. Savings certificates of deposit................ $60, 000 15, 000 20, 969 5 1 1 ,5 5 7 1, 304 25, 294 805, 494 59, 333 00 00 22 20 17 09 59 96 51, 193 09 49, 851 48 20, 000 00 42, 763 36 10, 000 00 838 69 32, 500 00 6, 000 00 3 1 ,1 8 0 48 151 13 $1, 498, 953 23 Total $1, 498, 953 23 168 STATE BA N K IN G D EPARTM ENT No. 702. JEFFERSON SAVINGS BA N K , GROSSE POINTE PAR K . Organized May 31, 1923. One Branch. Jul. H . S a n g e r , V i c e P r e s i d e n t ; W . L loyd W e b s t e r , Vice P r e s i d e n t a n d C a s h i e r ; S. W . H o s k i n g , A s s i s t a n t C a s h ie r . W B erns, H e n r y H . S a n g e r , C a r lt o n M . H ig b ie , H u g h J . F e r r y , L o u i s A . D e H a y e s , H . J . W i l l i a m s , J o h n H . T i g c h o n , W . L l o y d W e b s t e r , C . W . T r e a d w e ll W. B e r n s, P r e s i d e n t ; H en ry D ir e c t o r s .— J u l Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial ............................................... Real estate mortgages: Commercial ............................................ Savings .......................................... Bonds and securities: Commercial .............................................. Savings .............................................. \ \ Due from banks in reserve cities: Commercial .............................................. Savings ..................................................... Total cash on hand: Commercial .............................................. Overdrafts ...................................................... Banking house ............................................ Furniture and fixtures................................ Outside checks, revenue stamps and other cash ite m s ................................................. Accrued interest, receivable (n e t )......... $193, 469 56 7, 779 01 297, 226 15 166, 740 34 244, 486 06 33, 309 30 SO, 000 00 Capital stock paid i n .............................. Surplus f u n d ................................................. Undivided profits, net................................... Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject to check. . . . Certified checks .......................................... Cashier’ s checks ....................................... Due to other banks and b a n k e r s ...... Savings deposits (book account).............. Savings certificates of deposit..................... Club savings deposits................................ $100, 000 00 25, 000 00 8, 017 09 4, 750 299, 002 2, 809 11, 469 6 ,4 7 1 597, 225 15, 500 3 1 ,1 3 6 00 66 52 80 40 73 00 00 23, 072 86 791 85 45, 000 00 6, 000 00 7 07 3, 500 00 Total $1, 101, 382 20 Total $1, 101, 382 20 No. 410. THE GWTNN STATE SAVINGS BAN K , GWINN. Organized September 29, 1908. W . G . M a t h e r , P r e s i d e n t ; G , R . J a c k s o n , V i c e P r e s i d e n t ; R . J . J e f f e r y , Cashier; T. H. W i l l i a m s o n , A s s i s t a n t C a s h ie r . D ir e c t o r s .— W m . G . M a t h e r , G . R , J a c k s o n , D o n a l d R . M a c I n t y r e , W i lb u r W . G r a ff, m M. M. D uncan, G. S h erm an C o llin s . Statement October 3, 1928. Resources. Loans and discounts: Commercial ............................................... Savings ..................................................... Real estate mortgages: Savings ..................................................... Bonds and securities : Commercial ............................................ Savings ..................................................... Due from Federal Reserve bank: Commercial ............................................... Savings ...................................................... Due from banks in reserve cities: Commercial .............................................. Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Total cash on hand: Commercial .............................................. Savings ..................................................... Overdrafts ..................................................... Due from banks other than in reserve c it ie s .......................................................... Customers’ bonds left with bank for safe keeping ..................................................... Stock of Federal Reserve bank ................ Total ................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $ 40 , 412 60 127, 178 73 13, 883 15 7 1 ,1 4 2 50 98, 781 77 10, 483 51 8, 000 00 20, 231 50 29, 133 64 Capital stock paid i n ................................... Surplus fund .............................................. Undivided profits, net................................. Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject tocheck. . . . Cashier’ s checks .......................................... Due to other bank andbankers............... Savings deposits (bookaccount)................. Savings certificates of deposit..................... Club savings deposits ................................. Customers’ bonds left with bank for safe keeping ..................................................... Accrued interest and expense payable (net) ....................................................... $25, 000 00 25, 000 00 23, 364 49 3, 450 00 107, 500 09 762 62 9, 750 00 262, 794 19 50 00 4, 220 79 6, 800 00 1, 297 16 25, 150 00 6, 744 00 4, 000 00 13 41 6, 534 53 6, 800 00 1, 500 00 $469, 989 34 Total ................................................... $469, 989 34 STATE BAN K S OF M ICHIGAN 169 No. 601. THE H A L F W A Y STATE BAN K , H A LFW A Y. Organized June 28, 1917. T . D o n a l d so n , P r e s i d e n t ; A u g u s t R e i n , H o w ar d C . W ad e , C h a s . S c h r o e d e r , V i c e P r e s i d e n t s ; E d w in A . M a y , C a s h i e r ; A r t h u r C . L e i s e , O w e n A . K e r n , A s s i s t a n t C a s h i e r s ; F r a n k . O. T a s c h e , A u d i t o r . D ir e c t o r s .— N ic h o la s A m e is , A n d r e w T . D o n a ld s o n , J o h n S . H a g g e r t y , C h a r le s H . H u m m r i c h , G e o . H . K ir c h n e r , A u g u s t R e in , C h a r le s S c h r o e d e r , H o w a r d C . W a d e , J o h n B lo s s , S r ., F ran k O. Tasch e. A ndrew Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial .............................................. Savings ...................................................... Real estate mortgages: Commercial .............................................. Savings ..................................................... Bonds and securities: Savings ...................................................... Due from banks in reserve cities: Commercial .............................................. Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Total cash on hand: Commercial .............................................. Savings ..................................................... Overdrafts ..................................................... Banking h ou se.............................................. Furniture and fixtures................................ Due from banks other than in reserve cities .......................................................... Outside checks, revenue stamps and other cash ite m s ................................................. Customers’ acceptances and letters of credit ........................................................ Other assets ................................................. $191, 243 86 48, 639 34 3, 725 92 565, 359 15 341, 150 00 34, 911 75 32, 520 02 108, 450 00 Capital stock paid in ................................ Surplus fu n d ................................................. Undivided profits, net................................ Reserved for taxes, interest, depreciation, ete................................................................ Commercial deposits subjectto cheek. . Certified ch eck s............................................ Cashier’s checks .......................................... Savings deposits (book account)............ Savings certificates of deposit................... Club savings deposits................................... Customers’ acceptances and letters of credit ....... .................................. ............. Other liabilities ....................................... $50, 000 00 35, 000 00 18, 539 44 17, 454 11 212, 019 01 167 35 11, 804 05 1, 019, 124 08 25, 925 00 12, 875 45 3 ,4 1 0 00 2, 760 00 4, 000 00 25, 107 7G 26 38 35, 000 00 6, 600 00 5, 469 09 705 22 3, 410 00 2, 760 00 Total Total $1, 409, 078 49 $1, 409, 078 49 No. 701. STEPHENS STATE BANK , H A LFW A Y . Organized June 7, 1923. H e n r y S t e p h e n s , P r e s i d e n t ; G eo . A . D a n k e r s , V i c e P r e s i d e n t : G e o . T . B e d ar d , C a s h i e r ; H e r m a n A . N e h l s , A s s i s t a n t C a s h ie r . D ir e c t o r s .— H e n r y S t e p h e n s , G e o r g e A . D a n k e r s , W i l l i a m B e n t o n , G e o . T . B e d a r d , C h a s . R. W a lte r s , A. T. R e in , C h as. A. R e t z la ff , C r a w fo r d S. R e ille y . Statement October 3, 1928. Resources. Loans and discounts: Commercial ............................................... Real estate mortgages: Savings ................................................... Bonds and securities: Commercial .............................................. Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Total cash on hand: Commercial .............................................. Savings ..................................................... Overdrafts ..................................................... Furniture and fixtures................................. Due from banks other than in reserve cities .......................................................... Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $132, 573 88 126, 776 57 186, 924 19 110, 000 00 54, 277 44 15, 037 73 Capital stock paid in ................................. Surplus fund .............................................. Undivided profits, net................................... Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject to ch e c k ... Demand certificates of deposit................... Certified checks ............................................ Cashier’s checks .......................................... Savings deposits (book account).............. Savings certificates of deposit................... $30, 000 00 10, 000 00 7, 519 55 540 1 4 1 ,7 1 0 195, 000 698 11, 862 262, 780 11, 661 00 72 00 99 32 83 10 15, 004 69 14, 504 91 7, 622 94 4 58 5, 018 60 4, 027 98 $671, 773 51 Total $671. 773 51 170 STATE BA N K IN G D EPARTM ENT No. 709. B A N K OF H AM TRAM CK, HAM TRAM CK. Organized November 24, 1923. John F . K o e n ig , P r e s i d e n t s B . H . M a n n in g , E d w in R . M o n n ig , V i c e P r e s i d e n t s ; W . E . D in g m a n , C a s h i e r j J. J. P u t e r a , A s s i s t a n t C a s h ie r . D ir e c t o r s .— J o h n F . K o e n i g , B . H . M a n n i n g , E d w in R . M o n n ig , T h e o d o r e J . R ic h t e r , Wm. K r ie g h o f f , L e o p o ld A. K o sc in sk i, Wm. E. D in g m a n . Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial .............. Savings ..................... Real estate mortgages: Savings ..................... Bonds and securities : Savings ............................ Due from banks in reserve cities: Commercial ............. Savings ..................... U. S. Bds. and Cert. of Ind. as legal reserve : Savings dept, only ................ Exch. for C. H. and checks on banks in same place: Commercial .............. Total cash on hand: Commercial .............. Savings ..................... Overdrafts ..................... Furniture and fixtures. Customers’ bonds left with bank for safe keeping ..................... Outside checks, revenue stamps and other cash items .............. Total ................... Capital stock paid in ................................... Surplus fund ......... .................................... Undivided profits, net................................... Commercial deposits subject to c h e c k ... Demand certificates of deposit................ Certified checks ............................................ Cashier’ s checks ........................................ Savings deposits (book account)............ Savings certificates of deposit..................... Customers’ bonds left with bank for safe keeping ..................................................... $207, 910 29 82, 783 73 247, 914 80 73, 824 40 72, 443 90 21, 053 12 $100, 000 20, 000 3, 949 9 2 ,9 6 3 65, 000 .305 11, 406 457, 577 2, 500 00 00 90 69 00 70 81 26 00 6, 850 00 25, 000 00 1, 535 14 4, 720 55 10, 000 00 171 78 6, 300 00 6, 850 00 45 65 Total $760, 553 36 .............................. .................... $760, 553 36 No. 667. D IM E SAYINGS BANK, HAM TRAM CK. Organized December 15, 1920. T. W . P . L iv i n g s t o n e , P r e s i d e n t ; D u n c an W . D a k e r , V i c e P r e s i d e n t ; F r a n k W i n i k e r , C a s h i e r ; A r t h u r B. K n i g h t , A s s i s t a n t C a s h i e r . D ir e c t o r s .— T . W . P . L i v i n g s t o n e , F r a n k W i n i k e r , D u n c a n W . D a k e r , F r e d D . L o r im e r , R obert H. M oore. Statement October 3, 1928. Resources. Loans and discounts: Commercial .............................................. Savings ..................................................... Real estate mortgages: Savings ..................................................... Bonds and securities: Commercial .............................................. Savings ................................................... Due from banks in reserve cities: Commercial .............................................. Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Exch. for C. H. and checks on banks in same place: Commercial ............................................... Total cash on hand: Commercial ............................................... Savings ................................................... Overdrafts ..................................................... Banking h ouse.............................................. Furniture and fixtures................................. Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $471, 800 72 62 261, 322 25 4, 968 60 47, 667 79 141, 446 33 6, 287 36 Capital stock paid i n ................................. Surplus fund ............................................... Undivided profits, net................................... Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subjectto check. . . Certified checks ............................................ Cashier’ s checks ....................................... Due to other banks and bankers............ Savings deposits (book account)............ Savings certificates of deposit.................. Club savings deposits................................... $100, 000 00 25, 000 00 27, 878 51 6, 980 20 374, 622 30 304 00 10, 026 31 193, 043 24 5 3 1 ,4 5 3 80 5, 022 71 15, 606 64 100, 000 00 399 32 14, 964 65 5, 000 00 103 36 52, 537 26 15, 484 45 $1, 289, 937 71 Total $1, 289, 937 71 STATE B A N K S OF M ICHIGAN 171 No. 57G. FIRST STATE B A N K OF HAM TRAM CK. Organized January 26, 1916. Two Branches. E d w . L e s z c z y n s k i, P r e s i d e n t ; R om an J. Sa d o w s k i, P eter J. L e s z c z y n s k i, V ic e P r e s i d e n t s ; C a s im ir J. W ie r z b ic k i, C a s h i e r ; A . C. O w c za r za k , A s s i s t a n t C a sh ier. D ir e c t o r s .— E d w . L e s z c z y n s k i . P e t e r J . L e s z c z y n s k i , R o m a n J . S a d o w s k i, T . T . D y s a r z , S t e p h e n T r y b u s , H . L . C h it t e n d e n , C . J . W ie r z b ic k i. Statement October 3, 1928. Resources. Loans and discounts: Commercial .............. Savings ..................... Real estate mortgages: Commercial .............. Savings ..................... Bonds and securities: Commercial .............. Savings ..................... Due from banks in reserve cities : Commercial .............. Liabilities. $582, 402 73 328, 950 00 72, 101 60 1, 187, 642 86 19, 312 50 223, 774 30 40, 333 79 290, 000 00 U. S. Bds. and Cert. of Ind. as legal reserve : Savings dept. only. . Total cash on hand: Com m ercial.............. Savings ..................... Banking house................ Furniture and fixtures. Outside checks, revenue stamps and other cash items................ Accrued interest, receivable (net) . . Commercial deposits subject to check.. . . Demand certificates of deposit................... Certified checks............................................ Cashier’ s checks............................................ State moneys on deposit.............................. Savings deposits (book account).............. $100, 000 00 100, 000 00 38, 480 06 398, 5, 1, 5, 60, 2, 269, 19, 693 927 011 529 343 000 999 908 23 95 50 59 26 00 80 78 79, 500 00 17, 53, 75, 24, 773 232 500 325 83 57 00 00 3, 144 03 1, 900 96 $2, 999, 894 17 T o t a l..................... Capital stock paid in ................................ Surplus fund................................................... Undivided profits, net.................................. Reserved for taxes, interest, depreciation, T o t a l..................................................... $2, 999, 894 17 No. 435. THE H AM TRA M CK STATE BANK , HAM TRAM CK. Organized February 4, 1909. Jos. C. F r ie d e d , P r e s i d e n t ; W A. D ir e c t o r s .— J o s . C . F r id e l, W i l l i a m il l i a m B l a n c k , H e n r y W . M ic h a l a k , C a sh ier. B la n c k , J. C . H u t c h i n s , W . T . B arbou r. L ed y a r d , V i c e P r e s i d e n t s ; M. J. M u rp h y, H enry L edyard , Statement October 3, 1928. Liabilities. Resources. $453, 189 91 56, 719 08 30, 327 53 1, 829, 249 85 447, 963 50 328, 456 73 $200, 000 00 200, 000 00 81, 511 69 1, 716 61 497, 913 34 25, 000 00 105 81 2, 518, 985 19 51, 516 31 283, 000 00 28, 302 36 70, 380 71 18, 455 00 Total ...................................................... $3, 576, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Capital stock paid i n ................................... Surplus fund................................................ Undivided profits, net................................... Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subjectto check. . . . Demand certificates of deposit.................... Certified checks.............................................. Savings deposits (book account)................ Savings certificates of deposit..................... 28, 009 15 2, 695 13 -3 00 Loans and discounts: Commercial .............................................. Savings .............................. ....................... Real estate mortgages: Commercial .............................................. Savings ..................................................... Bonds and securities: Commercial .............................................. Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Savings ................................ i ................. U. S. Bds. and Cert, of Ind. as legal reserve : Savings dept, only..................................... Total cash on hand: Commercial .............................................. Savings ............................- . ..................... Banking house................................................. 95 Total $3, 576, 748 95 172 STATE BA N K IN G D EPARTM ENT No. 617. LIB E R TY STATE BANK , HAM TRAM CK. Organized July 23, 1918. Two Branches. J oseph C h r o n o w s k i, P r e s id e n t H o l s t e in , A n t h o n y S e e g e r , V i c e P r e s i d e n t s : Z. D w o e k c w s k i , C a s h i e r ; J o s . A . S ik o r a , A s s i s t a n t C a s h i e r D ir e c t o r s .— J o s e p h C h r o n o w s k i, A l b e r t L . S c h in d le r , H e n r y W u n s c h , G e o r g e J . H o l s t e in , A n th o n y Seeger. Statement October 3, 1928. Resources. Loans and discounts: Commercial .............................................. Savings ..................................... Real estate mortgages: Commercial .............................................. Savings ................................ i Bonds and securities: Commercial .................................. Savings ................................................... | Due from banks in reserve cities: Commercial .............................................. Savings ..........................................| ' ’ ’ ' U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Exch. for C. H. and checks on banks in same place: Commercial................................................ Total cash on hand: Commercial................................................ Savings....................................................... Banking house..................................... . . . . . Furniture and fixtures.............................. Customers’ bonds left with bank for safe keeping....................................................... Other assets...................................’ ' Total Liabilities. $224, 703 78 225, 710 01 12, 350 00 702, 478 43 45, 038 33 163, 172 38 7, 655 46 70, 000 00 Capital stock paid in ................................ Surplus fund............................' ’ ’ j [ ' [ [ [ ' Undivided profits, net.................. .. Reserved for taxes, interest, depreciation, etc.................................................. Commercial deposits subject to check. . . . Certified checks....................................... Cashier’s checks..............................' ' J Savings deposits (book account) . Savings certificates of deposit.................. Customers’ bonds left with bank for safe keeping.............................................. $100, 000 00 20, 000 00 15, 880 22 3, 325, 2, 16, , 151, 28, 000 392 350 899 692 305 00 05 28 52 39 92 11, 750 00 59, 002 51 5, 651 64 48, 20, 30, 44, 280 000 500 000 01 00 00 00 11, 750 00 4, 977 83 $1, 675, 270 38 Total $1, 675, 270 38 No. 730. PEOPLES W A Y N E COUNTY BANK , HAM TRAM CK. Organized March 18, 1926. G eorge W il e y p r e s i d e n t ; A r t h u r E . L o c k , V i c e P r e s i d e n t ; Y e n c e s l a u s F M a c ib j e w s k t C a s h i e r ; F r a n k J. B e r n o c k , A s s i s t a n t C a s h i e r ; W il l i a m H. K e m n it z A u d i t o r ’ D ir e c t o r s .— J u li u s H . H a a s s A l b e r t A . A l b r e c h t , J u lia n P . B o w e n , C la r e n c e M B u rton C h a r le s H o ld e n , a ? F . C o ll m s , F r a n k H . C r o u l, J o h n M . D o n a l d s o n , E d w in J G eo rg e C. J o h n sto n , A r th u r E . L o ch , J oh n A M e r c ie r Tam es ' « , % W A rCher F- R it c h ie , ’ W e s s o n ' S e & E ckert Jam es O M n r fin W i S ^ o s’ r M Statement October 3, 1928. Resources. Loans and discounts: Commercial .............................................. Savings ..................................................... Real estate mortgages: Savings ..................................................... Bonds and securities: Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve : Savings dept, only................................... Total cash on hand: Commercial .............................................. Savings ..................................................... Banking house................................................ Outside checks, revenue stamps and other cash items................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $160, 293 09 207, 752 15 148, 550 00 165, 500 00 6, 707 87 13, 394 82 $100, 40, 11, 77, 7, 10, 599, 2, 000 000 596 135 90 669 000 296 000 00 00 05 98 00 48 00 38 00 49, 750 00 5, 299 12 20, 446 38 70, 000 00 94 46 x* CO «■ Total Liabilities. Capital stock paid i n .................. Surplus fund.....................! ! ! ! ! " ! ! ! Undivided profits, n e t ' Commercial deposits subject to check Certified checks................................ Cashier’ s checks.................. .. Due to other banks and bankers Savings deposits (book account) Savings certificates of deposit......... ' 787 89 Total $847, 787 89 STATE BAN K S OF M ICHIGAN 173 No. 707. STATE BA N K OF AM ERICA, HAM TRAM CK. Organized January 9, 1924. G eorge J . K o l o w i c i i , A. E.. L a r k , V i c e P A ssista n t P r e s id e n t; A dolph K o l o w ic h , r es id e n t an d C a sh ier ; F rank. O tto C. K e i l , V i c e P r e s i d e n t s ; J. Z i e l i n s k i , J o h n D. M e r k i e l , C a sh iers. D ir e c t o r s .— G e o r g e J . K o lo w ic h , J o s e p h B a h o r s k i, A d o lp h K o l o w i c h , O t t o C. K e il, O s c a r A . R i o p e l l e , A . E . L a r k , M ic h a e l G r a je w s k i, A r t h u r E . W o o d , C h a r le s R . T a lb o t . Statement October 3, 1928. Resources. Loans and discounts: Commercial .............................................. Savings ..................................................... Real estate mortgages: Commercial .............................................. Savings ..................................................... Bonds and securities: Commercial .............................................. Savings ......................... ........................... Due from banks in reserve cities: Commercial .............................................. Savings .............................. , .................... Exch. for C. H. and checks on banks in same place: Commercial .............................................. Total cash on hand: Commercial .............................................. Savings ..................................................... Overdrafts ................................................ Premium account............................................ Banking house................................................ Furniture and fixtures................................... Outside checks, revenue stamps and other cash items................................................ Total ................................................... Liabilities. $344, 014 12 20, 000 00 10, 173 81 460, 352 35 108, 666 50 114, 316 00 229, 402 37 177, 538 81 Capital stock paid i n .................................. Surplus fund................................................... Undivided profits, net................................... Dividends unpaid............................................ Reseerved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject to check. . , . Certified checks.............................................. Cashier’ s checks............................................ Savings deposits (book account)............. Savings certificates of deposit..................... $100, 000 00 25, 000 00 22, 743 11 210 00 10, 684, 2, 15, 748, 34, 493 613 049 405 107 100 85 29 00 82 16 00 1, 772 98 37, 10, 30, 2, 13, 40, 923 000 766 476 822 930 16 00 27 25 75 31 40, 566 55 Total $lv 642),r 722 23 $1, 642, 722 23 * WOJCIK IN D U STRIAL BANK , HAM TRAM CK. Organized March 21, 1928. L. F. W o j c ik , R ob ’ t . M . A l l e n , V J oh n A. W r o b l e w s k i, P r e s id e n t; ice P r e s id e n t; John A ssista n t C a sh ier . A. B laska, C a sh ier ; D ir e c t o r s .— L . F . W o jc i k , R o b ’ t. M . A l l e n , J o h n A . B la s k a , M a t t ie W o jc i k , J o s . M . M e r r it t . Statement October 3, 1928. Resources. Liabilities. Loans, viz.: Notes receivable, industrial plan.............. Other investments.......................................... Miscellaneous bonds..................................... Due from banks in reserve cities.............. Cash on hand................................................ Banking house................................................ Furniture and fixtures................................... $44, 933 00 15000 35950 34, 973 29 12, 037 21 3, 158 08 13, 296 95 T o t a l..................................................... $108, 908 03 * C o m in e n c e d b u s in e s s M a y 1 4 , 1 9 2 8 . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Capital stock paid in .................................. Surplus fund................................................... Discount collected unearned...................... Payments on installment certificates: Hypothecated ............................................ Unhypothcated .......................................... Cash over....................................................... $25, 000 00 7, 645 71 2, 507 47 T o ta l..................................................... $108, 908 03 6, 384 50 67, 360 35 10 00 174 STATE B A N K IN G D EPARTM ENT SUPERIOR TRUST COMPANY, HANCOCK. Organized June 30, 1902. C h a s . L. L a w t o n , P r e s i d e n t j G ordon R. C a m p b e l l , J o s e p h R u p p e , V i c e P r e s i d e n t s ; J . C. J e f f e r y , S e c r e t a r y - T r e a s u r e r ; J o s . M . B o r l a c e , A s s i s t a n t S e c r e t a r y - T r e a s u r e r . D ir e c t o r s .— C lia s . L . L a w t o n , J o s e p h B o s c h , G o r d o n R . C a m p b e ll, J . C. J e ffe r y , F e r d i a n d W ie b e r , S w a b y L . L a w t o n , E d . M . L ie b le in , A lle n F . R e e s , J o s e p h I iu p p e , C h a r le s A . W r ig h t , L e s s i n g K a r g e r , H u g o M . F ie ld , C. M . H o a r , R a y W . A r m s t r o n g , P a u l R u p p e , I s a d o r G a r t n e r . Statement October 3, 1928. Resources. Collateral loans: Time ......................................................... Demand ..................................................... Loans on real estate mortgages: In office..................................................... With state treasurer................................ Bonds: In office..................................................... With state treasurer................................ Real estate owned.......................................... Real estate mortgages to securedebentures Advances to trusts.......................................... Due from other banks andbankers............ Other assets................................................... T o t a l..................................................... Liabilities. Capital stock paid in .................... .............. Surplus fund................................ .............. Undivided profits......................... .............. Dividends unpaid.................. .............. Trust deposits ......... .............. Debentures .............. Certificates of deposit..................... ............ $1, 597 20 62, 303 57 6 3 ,4 8 6 80 63, 269 23 $150, 50, 33, 1, 101, 40, 21, 102, 15, 3, 46, 580 50 000 00 982 76 077 33 52191 31, 585 64 9, 372 67 $399, 777 61 T o t a l..................................................... 000 000 398 800 815 800 963 00 00 37 00 81 00 43 $399, 777 61 No. 620. H AN OVER STATE BAN K , HANOVER. Organized October 4, 1918. W . R a y R e e d , P r e s i d e n t ; W m . F o l k s , B ru ce J . C r u m , V i c e P r e s i d e n t s ; L. M. B o y n t o n , C a s h i e r ; H . I I . M i c k l e , A s s i s t a n t C a s h i e r . D ir e c t o r s .— W . R a y R e e d , G e o r g e H . Z o r m a n , W i ll ia m F o l k s , L . M . B o y n to n , J. D . Van S c h o ic k . Statement October 3, 1928. Resources. T o ta l..................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $106, 940 18 CO 30, 109 34 to Loans and discounts: Commercial .............................................. Real estate mortgages: Savings .............................................. .. Bonds and securities: Savings ..................................................... Due from banks in reserve cities: Commercial .......................................... Savings ..................................................... Total cash on hand: Commercial .............................................. Overdrafts ..................................................... Banking house........... ..................................... Furniture and fixtures................................... Other real estate.......................................... Customers’ bonds left with bank for safe keeping ................................................... 697 00 2, 046 92 9, 933 15 6, 676 61 266 47 1, 792 74 1, 542 59 4, 906 48 Capital stock paid i n ................................... Surplus fund................................................... Undivided profits, net................................. Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject to check......... Demand certtficates of deposit................... Certified checks.............................................. Savings deposits (book account).............. Savings certificates of deposit..................... Club savings deposits................................... Customers’ bonds left with bank for safe keeping........................................................ $20, 000 00 8, 500 00 33 70 1, 500 00 48, 542 87 39, 435 55 116 00 45, 199 50 28, 678 91 904 95 10,350 00 10, 350 00 $203, 261 48 Total $203, 261 48 175 STATE BAN K S OF M ICHIGAN No. 254. HURON COUNTY STATE BANK, HARBOR BEACH. Organized January 13, 1902. B ela W . J e n k s , P r e s i d e n t ; D a r iu s M ih l e t h a l e r , V i c e P r e s i d e n t ; W i l l i a m J . E n g l e , C a sh ier ; K e it h J . M i h l e t h a l e r , A s s i s t a n t C a s h i e r ; G eo . M . H a r w o o d , A u d i t o r . D ir e c t o r s .— D a r iu s M ih le t h a le r , B e la W . J e n k s , B . W . J e n k s , J r ., R o l a n d E i lb e r , W . J . E n g le . Statement October 3, 1928. Liabilities. Resources. Loans and discounts: Commercial ..................... Savings ............................ Real estate mortgages: Savings ............................ Bonos and securities: Commercial ..................... Savings ............................ Due from banks in reserve cities : Commercial ..................... Savings ............................ U. S. Bds. and Cert, of Ind. as legal reserve : Savings dept, only.................. Exch. for C. H. and checks on banks in same place: Savings ......................... Total cash on hand: Commercial .................... Savings ......................... Overdrafts ......................... Banking house....................... Furniture and fixtures. . . . Other real estate................ Customers’ bonds left with bank for -safe keeping .......................... $105, 529 03 83, 912 51 83, 126 11 290, 517 26 287, 880 00 46, 867 47 61, 353 51 Capital stock paid i n .......................... $30, 000 00 Surplus fund.......................................... 20, 000 00 Undivided profits, net.......................... 19, 049 83 Commercial deposits subject to check. . .. 180, 986 59 Cashi.r's checks................................... 2, 682 83 Time commercial certificates of deposit. . 224, 062 68 Savings deposits (book account)..... 330, 975 75 Savings certificates of deposits......... 212, 037 59 Customers’ bonds left with bank for safe keeping ..................................................... 5, 500 00 12, 500 00 1, 155 37 2, 477 83 8, 844 63 132 12 18, 814 05 10, 221 27 6, 464 11 5, 500 00 $1, 025, 295 27 T o t a l......................... . T o t a l..................................................... $1, 025, 295 27 No. 412. THE STATE B A N K OF HARBOR BEACH, HARBOR BEACH. Organized October 8, 1908. R o b in s o n W e l l o c k , P r e s i d e n t ; W i l l i a m G l a s s , V i c e P r e s i d e n t ; J. C. P r ie s k o r n , C a D. E. W a g n e r , R u t h T e m p l e t o n , A s s i s t a n t C a s h i e r s . D ir e c t o r s ..— R o b in s o n W e l lo c k , W a l t e r H o w e l l, H o w a r d F o s t e r , W i ll ia m G la s s , J. C. sh ier ; P r ie s k o r n . Statement October 3, 1928. Liabilities. Resources. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 3, 658 00 136, 511 74 78, 750 40 34, 511 78 7, 037 23 o o b- T o ta l..................................................... $161, 484 37 17, 100 05 C O C O Loans and discounts: Commercial .............................................. Savings ..................................................... Real estate mortgages: Commercial ......................................... .. . Savings ..................................................... Bonds and securities: Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Exch. for C. H. and checks on banks in same place: Commercial .............................................. Total cash on hand: Commercial .............................................. Overdrafts ..................................................... Banking house................................................ Furniture and fixtures................................... Other real estate.......................................... Customers' bonds left with bank for safe keeping ..................................................... Capital stock paid i n ................................... Surplus fund ................................................ Undivided profits, net................................... Commercial deposits subject to check. . . . Demand certificates of deposit................... Cashier’s checks. .......................................... Savings deposits (book account)............. Savings certificates of deposit..................... Customers’ bonds left with bank for safe keeping .................................................. $25, 10 , 3, 72, 115, 4, 191, 73, 000 000 868 567 340 938 436 120 00 00 82 35 43 47 53 47 5, 500 00 00 423 31 7, 274 49 4, 000 1, 400 10, 371 37 80 00 00 02 5, 550 00 $501, 822 07 Total $501, 822 07 176 STATE BA N K IN G D EPARTM ENT No. 326. THE EMMET COUNTY STATE BANK, HARBOR SPRINGS. Organized November 1, 1905. W . J. C l a r k e , E . G . C a r e y , V i c e P r e s i d e n t ; J. T . C l a r k e , C a s h i e r ; W . J. C l a r k e , J r ., A s s i s t a n t C a s h i e r . D ir e c t o r s .— W . J. Clarke, E . G. Carey, J . T . Clarke, E . M . Clarke, W . J . Clarke, J r. P r es id e n t; Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial . . . . Real estate mortgages: S a v in gs......................... Bonds and securities: Commercial Savings . . . Due from banks in reserve cities : Commercial . . Savings.................. U. S. Bds. and Cert, of Ind. as legal reserva : Savings dept, only . . . . Total cash on hand: Commercial . . . Savings Overdrafts . . . . Furniture and fixtures Customers’ bonds left with bank for safe keeping .... Trust department: Cash and due from banks in reserve cities Total . . $438, 933 18 47, 191 15 22, 000 00 485, 297 61 78, 602 87 57,888 15 29, 950 00 Capital stock paid i n ................................... Surplus fund................................................... Undivided profits, net................................... Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subjectto check. . . . Cashier’s checks............................................ Postal savings deposits................................ Savings deposits (book account)................ Savings certificates of deposit..................... Customers’ bonds left with bank for safe keeping ..................................................... Trust department: Trust deposits— totals................................... $25, 000 00 65, 000 00 27, 728 27 7, 500 00 419, 559 63 i o , 496 84 ’3 3 8 0 419, 612 45 205, 714 46 51, 900 00 39, 120 26 15, 219 99 5, 000 00 561 50 1 00 51, 900 00 39, 120 26 $1, 271, 665 71 T o ta l..................................................... $ 1, 271, 665 71 No. 355. THE STATE SAVINGS B A N K OF HARRISON. Organized December 8, 1906. J. E . L add , P r e s i d e n t ; E l l i s G . H u g h e s , M . F a n n in g , V i c e P r e s i d e n t s ; F. W e a t h e r h e a d , C a s h i e r , W . L. H a r p e r , A s s i s t a n t C a s h i e r . D ir e c t o r s .— F . W e a t h e r h e a d , A . S. M c I n t y r e , E l l is G . H u g h e s , ,T. E . L a d d , E lm e r J H u g h e s M ic h a e l F a n n in g , W. G. W est, E lm e r C. C lu t e , W i ll ia m M u rph y. Statement October 3, 1928. Resources. Loans and discounts: Commercial .............................................. Savings ..................................................... Real estate mortgages: Commercial ........... Savings ..................................................... Bonds and securities: Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only..................................... Exch. for C. H. and checks on banks in same place: Commercial .............................................. Total cash on hand: Commercial .............................................. Overdrafts ..................................................... Banking house. ............................................... Furniture and fixtures................................... Other real estate ....................................... Customers’ bonds left with bank for safe keeping ..................................................... T o t a l..................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $62, 577 83 21, 545 00 25, 481 46 33, 637 40 117, 600 00 11, 779 36 17, 652 54 Capital stock paid in ................................... Surplus fund................................................... Undivided profits, net................................... Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject to c h e c k .... Demand certificates of deposit..................... Cashier’ s checks............................................ Savings deposits (book account)........... .' Savings certificates of deposit..................... Customers' bonds left with bank for safe keeping ..................................................... $25, 000 00 5 ,0 0 0 00 3, 579 43 2, 687 50 77, 690 20 13, 876 96 805 35 1 6 7 ,2 8 3 68 21, 464 12 3, 450 00 12, 250 00 2867 4, 416 335 4, 000 2, 750 3, 333 63 16 00 00 19 3, 450 00 $320, 837 24 T o t a l..................................................... $320, 837 24 STATE BAN K S OF M ICHIGAN 177 No. 369. ALCONA COUNTY SAVINGS BANK, H AR RISV ILLE. Organized March 31, 1907. J o h n M a c gr eg or , P r e s i d e n t ; W . L . C h a p e l l e , V i c e P r e s i d e n t ; L . R . R o s s , O a s h i e r . D ir e c t o r s .— J o h n M a c g r e g o r , P e t e r J. E f f e r ic k , W . L . C h a p e lle , A . R . M ille r , L . R . R o s s , J. Wm. A n derson , ,lo s . R. M ille r . Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial .............................................. Savings ................................................... Real estate mortgages : Commercial ............................................ Savings ..................................................... Bonds and securities: Commercial .............................................. Savings ............................................ ! ! ! I Due from banks in reserve cities: Commercial .............................................. Savings ................................................... Total cash on hand: Commercial .............................................. Savings ..................................................... Overdrafts ..................................................... Banking house ............................................ Furniture and fixtures................................... Other real estate......................................... Customers’ bonds left with bank for safe keeping ..................................................... Outside checks, revenue stamps and other cash items .............................................. $ 126, 354 08 3, 048 11 14, 362 35 122, 306 37 4, 000 00 126, 100 00 7, 350 99 60, 391 42 Capital stock paid in ................................... Surplus fund................................................... Undivided profits, net................................. Dividends unpaid ....................................... Commercial deposits subject to check. . . Savings deposits (book account).............. Savings certificates of deposit................ Bills payable .............................................. Customers’ bonds left with bank for safe keeping ..................................................... $25, 000 00 24, 000 00 2, 260 07 348 00 145, 462 09 277, 796 24 5, 737 80 20, 000 00 11, 000 00 3, 752 46 4, 000 00 793 78 12, 500 00 3, 000 00 1 2 ,5 2 6 97 11, 000 00 117 67 T o t a l..................................................... $511, 604 20 T o t a l..................................................... $511, 604 20 No. 50. OCEANA COUNTY SAVINGS BA N K , HART. Organized October 31, 1887. Corporate existence extended October 31, 1912. W . E. S n y d e r , P r e s i d e n t ; G. T. S a n d s , V i c e P r e s i d e n t ; W . C a sh ier ; W . S. G r e in e r , A s s i s t a n t D ir e c t o r s .— G. T. S an ds, W. E. L. S n yder, P. H yde, H. W. S. E. E. R o l l in s , N e w to n , R o l l in s . V ice P r es id e n t an d C a sh ier . Joseph E van s, L. S. P l a t t , Statement October 3, 1928. Liabilities. Resources. Loans and discounts: Commercial .............................................. Savings ..................................................... Real estate mortgages: Commercial .............................................. Savings ........................... Bonds and securities: Savings ..................................................... Due from Federal Reserve bank: Commercial .................................... Savings . ................................................... Due from banks in reserve cities: Commercial ..................... Savings ..................................................... Exch. for C. H. and checks on banks in same place: Commercial .............................................. Total cash on hand: Commercial .............................................. Savings ...................................................... Overdrafts ..................................................... Banking house ............................................ Furniture and fixtures.................................. Customers’ bonds left with bank for safe keeping ..................................................... Outside checks, revenue stamps and other cash ite m s ................................................ Stock of Federal Reserve bank................ Total ................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $187, 415 95 92, 698 32 1, 499 60 102, 847 21 232, 738 70 13, 806 15 14, 000 00 Capital stock paid i n ................................ Surplus fund ................................................. Undivided profits, net................................. Dividends u n p aid .......................................... Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject tocheck........... Demand certificates ofdeposit..................... Certified checks ............................................ Savings deposits (book account)................ Customers’ bonds left with bank for safe keeping ...................................... $40, 000 00 25, 000 00 15, 065 61 20 00 5, 231 34 154, 060 93 42, 313 72 206 51 473, 600 85 2, 650 00 16, 011 78 34, 470 82 3, 577 54 10, 855 62 15, 000 00 178 20, 000 00 8, 000 00 2, 650 00 625 49 1, 950 00 $758, 148 96 Total ................................................... $758, 148 96 178 STATE BA N K IN G D EPARTM ENT No. 691. FIRST STATE BANK, HARTFORD. Organized February 15, 1922. C larence D. Ol d s, P r e s i d e n t ; J o h n D . St e w a r t , H erm an L o e ffle r , V i c e P r e s i d e n t s ; W . G. G r a h l , C a s h i e r . D ir e c t o r s .— C la r e n c e D . O ld s , J o h n D . S t e w a r t . W m . E . S h e ffie ld . G e o . R . D a t e r , L . J O ’ B r ie n , H erm a n L o e ffle r , W . G . G r a h l, C a rl D. O ld s , W. J. C la r k . Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial .............................................. Real estate mortgages: Commercial ................ Savings ..................................................... Bonds and securities : Commercial .............................................. Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Total cash on hand: Commercial ............................................... Savings ..................................................... Overdrafts ..................................................... Banking house ............................................ Furniture and fixtures................................ Customers’ bonds left with bank for safe keeping ..................................................... Total ....................................................... $89, 756 82 5, 000 00 7, 850 00 15, 228 75 26, 316 25 Capital stock paid in ................................. Surplus fund .................................. Undivided profits, net................................ Commercial deposits subject to check. . . Cashier’ s checks .......................................... Time commercial certificates of deposit. Savings deposits (book account) . . . . . . . . Customers’ bonds left with bank for safe keeping ..................................................... $25, 2, 1, 81, 000 655 674 290 909 23, 447 38, 514 00 00 72 79 47 70 62 3, 500 00 7, 404 17 4, 027 14 4, 348 37 211 37 8, 912 61 4, 436 82 3, 500 00 $176, 992 30 Total ........................................................ $176, 992 30 No. 11. HASTINGS CITY BANK, HASTINGS. Organized October 26, 1886. Corporate existence extended October 26, 1911. M. L . C o ok , P r e s i d e n t : F. W. C a s h ie r ; R. W. D ir e c t o r s .— M . St e b b e n s . V ice P r e s id e n t; M. A . L a m b i e , V ice C h an dler, L . E . L o w e ll, A s s i s t a n t C a s h i e r s . L . C o o k , A . A . A n d e r s o n , K e l l a r S te in , F. W . S t e b b in s , F r a n k H o r t o n , R . C. F u ll e r , C. S. M c I n t y r e , A . H . C a r v e th . P r es id e n t M. A. an d L a m b ie Statement October 3, 1928. Resources. Loans and discounts: Commercial ................... Savings ............................ Real estate mortgages : Savings ............................ Bonds and securities: Commercial ................... Savings ............................ Due from banks in reserve cities : Commercial ................ Savings ......................... U. S. Bds. and Cert, of Ind. as legal reserve : Savings dept, only.................................. Exch. for C. H. and checks on banks in same place: Commercial ..................... Total cash on hand: Commercial ................... Savings ............................ Overdrafts ............................ Banking house ................... Furniture and fixtures. . . . Customers’ bonds left with bank for safe keeping ............................................ Outside checks, revenue stamps and other cash items ..................... T o t a l..................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $479, 639 87 148, 621 88 169, 071 50 214, 415 53 142, 705 97 131, 677 96 15, 228 34 45, 000 00 Capital stock paid i n .............................. Surplus fund .............................................. Undivided profits, net................................ Reserved for taxes, interest, depreciation, etc............................... Commercial deposits subject to ch e ck ... Demand certificates of deposit................ Certified checks ............................................ Cashier’ s checks .......................................... Savings deposits (book account).............. Savings certificates of deposit.................. Club savings deposits................................... Customers' bonds left with bank for safe keeping ..................................................... $75, 000 00 50, 000 00 49, 037 35 21, 450 00 4 7 9 ,4 6 6 -0 5 210, 806 10 1234 2240 525, 032 84 877 22 23, 878 44 28, 200 00 2, 424 47 25, 10, 2, 35, 11, 440 000 189 000 480 51 00 70 00 00 28, 200 00 2, 687 01 $1, 463, 782 74 T o ta l..................................................... $1, 463, 782 74 STATE BAN K S OF M ICHIGAN 179 No. 713. H AZEL P A R K STATE BA N K , HAZEL P A R K (R O Y A L O AK P. O.) Organized December 21, 1923. One Branch. M e in k .e , P r e s i d e n t j G. A . L e h m a n , F r a n k A . G r i x , V i c e P r e s i d e n t s ; H a r v e y V an W a g n e r , C a s h i e r ; C. A. P a u l l , A s s i s t a n t C a s h i e r ; J. A . R o b in s o n , M n g r . o f B r a n c h . D ir e c t o r s .— H . A . M e in k e , F r a n k A . G rix, G . A . L e h m a n , E . D . S k in n e r , F r a n k F o s s . H. A. Statement October 3, 1928. Resources. Loans and discounts: Commercial .............................................. Savings ..................................................... Beal estate mortgages: Commercial .............................................. Savings ..................................................... Bonds and securities: Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Savings ..................................................... Total cash on hand: Commercial .............................................. Savings ..................................................... Overdrafts ..................................................... Banking h ou se.............................................. Furniture and fixtures................................... Other real estate....................................... Due from banks other than in reserve c it ie s .......................................................... Other assets ................................................. Total ................................................... Liabilities. $173, 300 58 44, 405 13 8, 305 00 84, 637 41 53, 125 36 Capital stock paid i n ................................... Surplus fund ................................................. Undivided profits, net................................ Commercial deposits subject to ch eck.. . . Certified checks ........................................... Cashier’s checks ....................................... Savings deposits (book account) ............ Savings certificates of deposit.................. Club savings deposits................................. $25, 000 5, 000 4, 460 1 7 3 ,2 9 4 238 8, 650 171, 073 63, 270 10, 379 00 00 72 98 26 30 80 00 17 34, 098 36 5, 000 00 8, 779 58 15, 000 00 272 99 825 00 7, 883 02 12, 964 70 10, 705 10 2, 065 00 $461, 367 23 Total ................................................... $461, 367 23 No. 441. THE HEMLOCK STATE BANK , HEMLOCK. Organized September 14, 1909. W i l l i a m P a h l , P r e s i d e n t s J o h n C. R a u c h h o l z , V i c e P r e s i d e n t s R . B. B e a v e r , C a s h i e r ; E. S. B e a v e r , A s s i s t a n t C a s h i e r . D ir e c t o r s — W i ll ia m P a h l, J o h n C. R a u c h h o l z , W in . J . T u r n e r , H e n r y A l w a r d , R . B . B e a v e r , E. S. B ea ver. Statement October 3, 1928. Liabilities. Resources. Loans and discounts: Commercial .............................................. Real estate mortgages: Savings ..................................................... Bonds and securities: Savings ................................................ Due from banks in reserve cities: Commercial .............................................. Savings ........................................... U. S. Bds. and Cert, of Ind. as legal reservei Savings dept, only.................................. Total cash on hand: Commercial .............................................. Overdrafts ..................................................... Banking h ouse......................................... Furniture and fixtures.............................. Customers' bonds left with bank for safe keeping ..................................................... Outside checks, revenue stamps and other cash items ............................................... Total ................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $211, 979 36 200, 657 00 2 3 2 ,7 5 9 50 12, 256 24 15, O il 51 4 2 ,1 5 0 00 5, 2, 2, 1, 095 572 650 291 $20, 000 00 Capital stock paid i n ....................... Surplus fund .............................................. 20, 000 00 Undivided profits, net.......................... . 7, 910 75 Dividends unpaid ........................................ 85 00 Commercial deposits subject to check.. 113, 221 24 Cashier’ s checks .......................................... 2, 005 05 State moneys on deposit..................... 10, 000 00 Time commercial certificates of deposit.. 73. 984 48 Savings deposits (book account)..... 478, 775 08 Club savings deposits................................... 527 00 Customers’ bonds left with bank for safe keeping ...................................................... 16, 700 00 93 86 00 02 16, 700 00 85 18 $ 7 4 3 ,2 0 8 60 Total ................................................... $743, 208 60 180 STATE BA N K IN G D EPARTM ENT No. 711. FARM ERS STATE BAN K , HENDERSON. Organized April 19, 1923. G. T . S o u l e , P r e s i d e n t ; H ar r y C o y , R e u b in W ie d m a n , V i c e P r e s i d e n t s j H . R. T y so n , C a s h D ir e c t o r s .-— G. T . S o u le , R e u b in W ie d m a n , H a rry C o y , H . R . T y s o n , W . T . P a rk er, ier . J . J . H a v ila n d . Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial .............................................. Savings ....................................... Real estate mortgages: Commercial .............................................. Savings ..................................................... Bonds and securities: Savings ..................................................... Due from banks in reserve cities: Commercial ............................................... Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Total cash on hand: Commercial ............................................... Savings ..................................................... Overdrafts ..................................................... Banking h ou se.............................................. Furniture and fixtures................................ Customers’ bonds left with bank for safe keeping ................................................... $46, 645 32 14, 476 40 3, 000 00 24, 208 00 16, 500 00 14, 522 68 7, 313 00 Capital stock paid i n ......................... Surplus fund .............................................. Undivided profits, net................................ Dividends unpaid ....................................... Commercial deposits subject tocheck. . . Demand certificates of deposit................ State moneys on deposit............................ Savings deposits (book account)............ Savings certificates of deposit................... Customers’ bonds left with bank for safe keeping ..................................................... $20, 000 00 3, 113 27 706 83 4400 33, 005 54 16, 352 58 2, 500 00 44, 934 33 21, 997 44 1, 050 00 4, 400 00 1, 928 88 1, 000 00 3 71 6, 000 00 2, 656 00 1, 050 00 Total $143, 703 99 $143, 703 99 No. 416. THE STATE B A N K OF HESPERIA, HESPERIA. Organized January 11, 1910. Jam es C a l d w e l l , P r e s i d e n t j W e s l e y B . W in t e r s , A r c h ie M c C a l l u m , V i c e E a r l A n d e r so n , C a s h i e r j R o b t . B a y l e , J o h n M c La r e n , A s s i s t a n t C a s h D ir e c t o r s .— J a m e s C a ld w e ll, A . E . M ills , O . A . R o w l a n d , W e s le y B . W in t e r s , M c C a llu m , A r c h ie M c C a llu m , E a rl P r es id e n ts ier s. D u n ca n • C. A n derson . Statement October 3, 1928. Resources. Loans and discounts: Commercial............................................... Savings ..................................................... Real estate mortgages: Savings ................................................... Bonds and securities: Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Total cash on hand: Commercial .............................................. Savings ..................................................... Overdrafts ..................................................... Banking hou se............................................... Furniture and fixtures................................. Other real estate.......................................... Customers’ bonds left with bank for safe keeping ................................................... Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $ 97, 506 12 35, 362 20 70, 568 35 51, 100 00 14, 793 67 11, 247 42 18, 450 00 7, 580 2, 000 1 .0 3 6 2, 700 1, 800 8, 700 Capital stock paid in ................................. Surplus f u n d ................................................. Undivided profits, net.............................. Reserved for taxes, interest, depreciation, etc.......................................................... Commercial deposits subject’ to check.. . Demand certificates of deposit................ Savings deposits (book account).............. Savings certificates of deposit.................. Bills payable .............................................. Customers’ bonds left with bank for safe keeping ........................ ........................... $20, 000 00 17, 500 00 4 , 619 01 2, 000 00 74, 250 89 4, 400 00 131, 882 32 55, 192 33 13, 000 00 7 ,6 0 0 00 15 00 02 00 00 62 7, 600 00 $330, 444 55 Total $330, 444 55 181 STATE BAN K S OF M ICHIGAN No. 465. THE AM ERICAN STATE BA N K , HIGHLAND PARK. Organized July 25, 1910. Two Branches. B. W a l l a c e , P r e s i d e n t j F red W . D a l b y , V i c e P r e s i d e n t ; B u s s e l l T . W a l l a c e , V i c e a n d C a sh ier ; A . F. D e Y o n k e r , S y dn ey O d g e r s , J a m e s L . B a r k e r , A l e x E. G r u e n b e r g , A s s i s t a n t C a s h i e r s j I. E. Q u i c k , A u d i t o r . D ir e c t o r s .— H . B. W a l la c e , H a r r y M. R o b in s , F r e d W . D a lb y , H o w a r d A . C o ffin , F . C. H a y d e n , H. P r es id e n t E d w a r d N . M u n r o , R u s s e l l T . W a l la c e , W m . J. S t ö r e n , H u b e r t E . H a r t m a n , W m . E . K e a n e . Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial .............................................. $ 1, 154, 193 87 Savings ................................................... 529, 272 02 Real estate mortgages : 64, 292 72 Commercial .............................................. Savings..................................................... 1, 408, 135 11 Bonds and securities: Savings ..................................................... 1, 108, 200 00 Due from Federal Reserve bank: Commercial ........................................... 240, 000 00 Savings ..................................................... 3, 171 08 Due from banks in reserve cities: Commercial ........................................... 205, 000 00 73, 784 33 Savings ..................................................... Exch. for C. H. and checks on banks in same place: Commercial ....................... 1, 450 82 Savings ..................................................... 6, 510 89 Total cash on hand: Commercial......... ..................................... 40, 000 00 Savings ..................................................... 66, 578 90 Overdrafts ..................................................... 2, 337 95 117, 519 05 Banking h ou se.............................................. Furniture andfixtures.................................... 34, 755 16 Other real estate.......................................... 955 09 Due from banks other than in reserve cities ........................................................ 59, 001 87 Customers’ bonds left with bank for safe keeping ...................................................... 11, 750 00 Stock of FederalReserve bank................... 8, 400 00 Accrued interest,receivable (n e t)............. 13, 334 55 Total ................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $ 5, 148, 643 41 Capital stock paid in ................................... Surplus fund ............................................... Undivided profits, net................................ Dividends u n p aid .......................................... Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject to check. . . Certified checks............................................ Cashier’ s checks .......................................... State moneys on deposit............................ Postal savings deposits................................ Saving deposits (book account).............. Savings certificates of deposit.................. Club savings deposits................................... Customers’ bonds left with bank for safe keeping ..................................................... Total $200,000 80, 000 16, 986 1, 386 50, 1, 440, 4, 187, 25, 1, 2, 939, 130, 61, 174 000 019 746 000 044 066 293 174 00 00 89 00 40 82 13 89 00 99 72 37 20 11, 750 00 ................................................... $5, 148, 643 41 182 STATE BA N K IN G D EPARTM ENT No. 434. THE HIGHLAND P A R K STATE BAN K , HIGHLAND PAR K . Organized January 30, 1909. Seven Branches. J am es T . W h it e h e a d , M iv p p p n i J y Mayberri 4 ,* * ? ^ a n t A u d ito r 6 j P r e s id e n t; G eo . R . A n d r e w s , A . L . C o u z e n s , F r a n k E Q u is e n V i c e P r e s i d e n t s : H . G. W ood , V i c e P r es id e n t a n d C a s h i e r ; W . A. J a n i s s e , L. T. T h o m p s o n , G r is w o l d A d a m s , J a m e s H . H e l l i w e l l , a s h le r s ; J o h n W . B a l l m a n , M g r . B o n d D e p t . ; L. F. M erz, M g r . F o r e i g n ’’ ■ P e s <?IAREIjLi j A s s i. M g r . F o r e i g n E x c h a n g e ; O t t m a r A . W a l d o w , A c t i n g L G c. D ir e c t o r s .—- J a m e s T. W h it e h e a d , C h a s . J. B u t l e r , C. E. W 'ilc o x , G e o . D. B r o w n , Geo R A n d r e w s , G e o . L . B a lil, C l a r e n c e H . B o o t h , V i c t o r F . D e w e y , F r a n k E . Q u is e n b e r r y , R o b e r t W . H a m il t o n , J . F r e d e r i c k H a r t z , W e n d e ll W . A n d e r s o n , W i ll ia m B . L o w e . Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial . , ................... .......................$ 4, 525, 932 42 Real estate mortgages: Commercial .............................................. 198, 748 68 Savings . . . ; ........................................ 12, 137, 866 93 Bonds and securities: Commercial.............................................. 4, 899, 534 90 Savings ................ ..................................... 4, 782, 868 59 Due from Federal Reserve bank: Commercial ............................................ 1, 1 7 9 ,0 2 2 01 Savings ..................................................... 505, 270 93 Due from banks in reserve cities: 554, 463 85 Commercial ......................... Exch. for C. H. and checks on banks in same place: Commercial ............................................ 5 0 ,2 5 1 60 Total cash on hand: Commercial .............................................. 109, 767 24 164’ 440 44 Savings ..................................................... Overdrafts..................................................... 46426 Banking house ............................................ 1, 035, 821 15 Furniture and fixtures................................ 320, 838 50 Other real estate............................................ 30, 829 16 Due from banks other than in reserve cities ........................................................ 120, 434 78 Outside checks, revenue stamps and other cash items .............................................. 4, 660 05 84, 000 00 Stock of FederalReserve bank................... Accrued interest, receivable (n e t )............ 1 7 8 ,3 8 7 77 Capital stock paid in .................................. $1, 000, 000 00 Surplus fund ...................... 1, 800, 000 00 Undivided profits, net................................... 256, 446 62 1 1 ,6 4 8 00 Dividends unpaid ....................................... Reserved for taxes, interest, depreciation, etc................................................................ 474, 905 48 Commercial deposits subject to c h e ck ... 8 ,3 2 6 ,9 1 9 54 61, 882 44 Certified checks ............................................ Cashier’ s checks .......................................... 237, 503 75 Due to other banks and bankers............ 309, 657 09 State moneys on deposit.............................. 150, 000 00 Postal savings deposits................................. 29, 713 58 Savings (deposits (book account)............... 14, 777. 929 70 2, 593, 756 69 Savings certificates ofdeposit...................... Club savings deposits................................... 218, 760 50 Bills payable ............................................ 500, 000 00 Customers’ acceptances and letters of credit ........................................................ 1, 810 24 Accrued interest and expense payable (net) ....................................................... 131, 641 88 Other liabilities .......................................... 1, 027 75 Total ................................................... $30, 883, 603 26 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Total ...................................................$30, 883, 603 26 183 STATE BAN K S OF M ICHIGAN HIGHLAND P A R K TRUST COMPANY, HIGHLAND PAR K . Organized May 16, 1925. - F r a n k E . Q u is e n b e r r y , P r e s i d e n t ; G eorge R . A n d r e w s , F r a n k ,T. M a u r ic e , V i c e P r e s i d e n t s ; H erbert H . G ardn er, V i c e P r e s i d e n t a n d T r u s t O f f i c e r ; J ohn W . B a l l m a n n , V i c e P r e s i d e n t a n d B on d O ffic e r ; A l fr e d Z a h r n , S e c r e t a r y ; H er ber t G. W ood , T r e a s u r e r ; L eo C. J a n is s e , A s s i s t a n t T re a su r er ; W m . A. M a y b e r r y , A s s i s t a n t S e c r e t a r y ; L l o yd J. T h o m p s o n , A s s i s t a n t S e c r e t a r y a n d A s s i s t a n t T r e a s u r e r ; L eon a rd F. B e t t s , A s s i s t a n t T ru st O ffic e r . D ir e c t o r s .-— F r a n k E . Q u is e n b e r r y , G e o r g e R . A n d r e w s , G e o r g e L . B a h l. C la r e n c e H . B o o t h , G eorge D. B row n , C h a r le s J. B u t l e r , A l b e r t L . C o u z e n s , V i c t o r F . D e w e y , M a u r ic e , J a m e s T . W h it e h e a d , C la r e n c e E . W i l c o x , R o b e r t W . H a m il t o n , J . H a r t z , W e n d e l l W . A n d e r s o n , W i ll ia m B . L o w e . F ra n k J. F r e d e r ic k Statement October 3, 1928. Liabilities. Resources. Collateral loans: Time .......................................................... $692, 833 08 Demand ..................................................... 33, 353 95 Loans on real estate mortgages: In office..................................................... 261, 972 75 Bonds: In office..................................................... 784, 671 68 With state treasurer................................. 200, 000 00 Real estate owned.......................................... 3, 677 72 Real estate mortgages tosecuredebentures 4, 050, 288 77 Advances to trusts..................................... 1, 562 71 Furniture and fixtures................................... 6, 392 66 Due from approved reserveagents................ 166, 983 90 Due from other banks andbankers. . . . 10, 000 00 6 00 Outside checks and cash items.................. Items in transit............................................ 2 ,3 3 4 00 T o t a l....................................................... 6, 214, 077 22 Capital stock paid in ................................ Surplus fund................................................... Undivided profits............................................ Deferred profits.............................................. Reserved for taxes, etc................................ Trust deposits................................................ Escrow deposits.............................................. First mortgage bonds p a y a b le ............... Certificates of deposit................................... Accrued interest............................................ T o t a l....................................................... $500, 000 250, 000 54, 231 43, 319 8, 541 200, 113 3, 652 3, 9 4 4 ,0 0 0 1, 117, 032 93, 186 00 00 38 61 18 46 75 00 49 35 6, 214, 077 22 M ETROPOLITAN TRUST COMPANY, HIGHLAND PAR K . Organized January 31, 1925. H arvey B . W a l l a c e , V ice P r es id e n ts ; E ck feld, P r e s id e n t; R ic h a r d H a r f s t , W . L edyard M i t c h e l l , W a l t e r C. C o l e , A c t i n g S e c r e t a r y ; R u s s e l l T . W a l l a c e , T r e a s u r e r ; C. E . H . H . H a r b is o n , A ssista n t S ecr eta r y a n d A u d ito r. D ir e c t o r s .— H a r v e y B . W a l la c e , R o b e r t E . B a r b e r , C la u d e E . C a m p b e ll, F r e d W . D a lb y , E a rle A . G a rd n e r, R ic h a r d H a r fs t , J o h n L. L o v e tt, T r a c y W . M c G r e g o r , W . L e d y a r d M it c h e l l , R a lp h L . P o lk , S. W e l ls U tle y , H u g h V a n D e W a lk e r , G e o r g e B . W a lb r id g e , R u s s e ll T . W a l la c e , M e lv il le S. W e l t , W a l t e r C. C o le , A l l a n A . T e m p l e t o n , G u y C. B r o w n , H u b e r t E . H a r t m a n , C h a r le s H o lm e s C. R . W y l ie . Statement October 3, 1928. Liabilities. Resources. Collateral loans: Time .......................................................... Loans on real estate mortgages: In office..................................................... With state treasurer.............................. Bonds: In office..................................................... Real estate mortgages tosecure debentures Furniture and fixtures............................. Due from approved reserve agents.............. Outside checks and cash items.................. Cash .............................................................. Accrued interest and prepaid exp e n se .... Securities for safe keeping.......................... Other assets................................................... T o ta l..................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $70, 546 90 180, 264 44 153, 200 00 719, 403 04 568, 010 74 7 ,5 1 5 97 101, 896 28 75992 44, 601 80 3 2 ,5 6 6 76 45, 300 00 4, 820 04 $1, 928, 885 89 Capital stock paid in ................................... Surplus fund......................................... Undivided profits............................................ Deferred profits.............................................. Reserve for taxes, etc.................................. Trust deposits ............................................. First mortgage bonds payable..................... Certificates of deposit................................... Bills payable................................................ Securities for safe keeping......................... Other lia b ilitie s ........................................... T o ta l..................................................... $300, 000 85, 000 27, 454 1 ,6 6 2 7, 287 188, 854 545, 600 534, 236 190, 000 45, 300 3, 489 00 00 89 75 67 74 00 14 00 00 70 $1, 928,’ 885 89 184 STATE BA N K IN G D EPARTM ENT No. 600. PEN IN SU LAR STATE B A N K OF HIGHLAND PA R K . Organized September 27, 1910. Two Branches. H e n r y A . H a i g h , P r e s i d e n t ; H arold B. W ar d , V i c e P r e s i d e n t a n d C a s h i e r j C. L. T u c k e r , C. E. P e c k , A s s i s t a n t C a s h i e r s . D ir e c t o r s .— H e n r y A . H a ig h , E d w a r d J . H ic k e y , E . O. K r e n t l e r , W . J. N e s b it t , H . B . W a r d . Statement October 3, 1928. Resources. Loans and discounts: Commercial .......... Savings ..................... Real estate mortgages: Savings Bonds and securities: Commercial . . Savings ..................... Due from banks in reserve cities: Commercial . . . Savings ................ U. S. Bds. and Cert. of Xnd. as legal reserve : Savings dept, only................ Exch. for C. H. and checks on banks in same place: Commercial ............ Savings ..................... Total cash on hand: Commercial .............. Savings ........... Overdrafts ..................... Banking house......... Furniture and fixtures. Outside checks, revenue stamps and other cash items Other assets.................. Total ..................... $537, 297 75 94, 000 00 927, 415 35 345, 153 90 498, 300 00 75, 456 78 40, 000 00 Liabilities. Capital stock paid i n ................................... Surplus fund.................................................. Undivided profits, net................................... Dividends unpaid.......................................... Commercial deposits subject to check. . . . Certified checks.............................................. Cashier’ s checks............................................ State moneys on deposit.............................. Savings deposits (book account)............. Saungs certificates of deposit..................... $100, 000 100, 000 61, 749 1, 275 784, 340 6, 541 29, 331 25, 000 1, 688, 523 45, 372 00 00 74 00 00 39 32 00 84 26 155, 000 00 5, 738 57 3, 067 80 36, 590 55 21, 813 28 14 58, 000 00 40, 029 88 269 55 4, 000 00 $2, 842, 133 55 T o t a l..................................................... $2, 842, 133 55 No. 657. “ PEOPLES W A Y N E COUNTY BAN K , HIGHLAND PA R K . Oganized October 1. 1920. E d w in J. E ckert, P r e s i d e n t s : F . B. R o b b in s , A u d i t o r . A. P r e s id e n t; F it z g e r a l d . H. M oody , D . N. S w e e n y , R . E ar le L . C h a p i n , A s s i s t a C a sh ier : W. n t L a d en do rf , V i c e G l e n n L. C a sh ier ; D ir e c t o r s , — J u l i u s H . H a a s . G e o r g e W i le y , C la r e n c e M . B u r t o n , J o h n M . D o n a ld s o n , J o h n A . M e r c ie r , J o h n C. S h ie ld s , A r t h u r E . L o c h , E d w in J . E c k e r t . D o n a l d N . S w e e n y , W a l t e r R. R u s s e l, M . J . M u r p h y , F r e d T . M u r p h y , W i ll ia m T . B a r b o u r , J o h n R . B o d d e , J u l i a u P . B o w e n , J a m e s S. H o ld e n , J e r e C. H u t c h in s , A . I I . M o o d y , F r e d T . M o r a n , W . H o w i e M u ir . Statement October 3, 1928. Liabilities. Resources. Loans and discounts: Commercial ............ Savings ......................................... Real estate mortgages: Savings ......................................... Bonds and securities: Savings .......................................... Due from banks in reserve cities: Commercial ..................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only......................... Exch. for C. H. and checks on banks in same place: Commercial ..................................... Total cash on hand: Commercial ..................................... Savings ............................................ Overdrafts ............................................ Banking house....................................... Outside checks, revenue stamps and other cash items..................................... T o t a l............................................ Capital stock paid in ................................. $968, 832 16 403, 300 00 Undivided profits, net.............................. Commercial deposits subject to check. . 470, 062 18 131, 853 00 55, 582 84 Cashier’ s checks....................................... State moneys on deposit......................... Savings deposits (book account).............. . Saving certificates of deposit..................... $200, 150, 21, 835, 5, 21, 10, 1, 084, 110, 000 000 728 644 990 179 000 156 592 00 00 67 74 02 87 00 70 88 137, 000 00 29, 277 85 12, 641 73 55, 000 00 485 96 175, 000 00 257 16 $2, 439, 292 88 T o t a l................................................... . $2, 439, 292 88 * O n A p r i l 2 8 , 1 9 2 8 T h e W a y n e C o u n t y a n d H o m e B a n k o f H ig h la n d P a r k p u r c h a s e d t h e a s s e t s a n d a s s u m e d t h e l ia b il i t i e s o f t h e P e o p le s S t a t e B a n k o f H ig h la n d P a r k . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis STATE BANK S OF M ICHIGAN 185 No. 361. THE MONTMORENCY COUNTY SAYINGS BANK , H ILLM AN . Organized December 16, 1906. A l b e e t W . C o o k , P r e s i d e n t ; W m . N . H u n t , A . B . G r e e n , V i c e P r e s i d e n t s ; W il l i a m F . N ib e g a r t Hj C a s h i e r ; K a t h l e e n B o u c h e y , A s s i s t a n t C a s h i e r ; G . A . S c h m i d t , A u d i t o r . D ir e c t o r s .— W m . N . H u n t , A . B . G re e n , A l b e r t W . C o o k , G . A . S c h m id t , C h a r le s O ’F a r r e l l, K ic h a r d C oom bs. Statement October 3, 1928. Resources. Loans and discounts: Commercial ................ Savings ........................ Real estate mortgages: Savings ......................... Bonds and securities: Savings .......................... Due from banks in reserve cities : Commercial ................... Savings ......................... U. S. Bds. and Cert, of Ind.’ as legal reserve : Savings dept, only.............. Total cash on hand: Commercial ................... Overdrafts .......................... Banking house..................... Furniture and fixtures. . . . Other real estate.............. Customers’ bonds left with bank for safe keeping ......................... Total ......................... Liabilities. $77, 642 68 40, 748 97 63, 183 01 15, 000 00 34, 582 53 15, 500 00 Capital stock paid i n ................................. Surplus fund.................................................. Undivided profits, net................................... Dividends unpaid.......................................... Commercial deposits subject to c h e c k .... Demand certificates of deposit.................... Cashier's checks............................................ Savings deposits (book account)............. Savings certificates of deposit................... Customers’ bonds left with bank for safe keeping ..................................................... $20, 000 00 13, 000 00 2, 077 39 7000 95, 339 27 150 00 I l l 27 130, 769 49 1, 775 00 850 00 500 00 3, 548 13 4, 700 2, 300 5, 602 84 41 00 00 98 850 00 $264, 172 42 Total $264, 172 42 No. 260. FIRST STATE SAVINGS BA N K , H ILLSDALE. Organized February 10, 1902. F. A . R o e t h l is b e r g e r , P r e s i d e n t ; C. M . B a r r e , F . A . R o e t h l is b e r g e r , J r ., V i c e P r e s i d e n t s ; R a l p h L. O w e n , C a s h i e r ; H u g h F. F r e n c h , A s s i s t a n t C a s h i e r . D ir e c t o r s .—- F . A . R o e t h l i s b e r g e r , C. M . B a r r e , E d w a r d F r e n s d o r f , G u y M . C h e s t e r , F . A . R o e t h l i s b e r g e r , J r ., E . A . R u c k m a n , F r e d E . P e r r y . Statement October 3, 1928. Liabilities. Resources. Loans and discounts: Commercial .............................................. Real estate mortgages: Commercial .............................................. Savings ..................................................... Bonds and securities: Commercial .............................................. Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only.................................... Exch. for C. H. and checks on banks in same place: Commercial .............................................. Total cash on hand: Commercial ............................................. Savings ..................................................... Overdrafts ..................................................... Banking house................................................ Furniture and fixtures................................... Other real estate........................................ Customers’ bonds left with bank for safe keeping ..................................................... T o t a l..................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $557, 045 98 221, 864 88 1, 200 00 181, 155 00 210, 400 00 121, 504 89 38, 483 99 23, 700 00 3, 829 46 Capital stock paid in ................................ Surplus fund................................................ Undivided profits, net................................. Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject toc h e c k ..., Demand certificates of deposit.................. Cashier’ s checks............................................ Savings deposits (book account)............. Customers’ bonds left with bank for safe keeping ..................................................... $65, 000 00 35, 000 00 17, 724 44 13, 328, 479, 14, 491, 869 246 174 380 495 18 26 04 47 45 44, 325 00 20, 237 43 10, 000 00 80 43, 000 00 7, 000 00 5, 467 41 44, 325 00 $1, 489, 214 84 Total $1, 489, 214 84 186 STATE BA N K IN G D EPARTM ENT No. 78. H ILLSD A LE SAVINGS BA N K , H ILLSDALE. Organized July 30, 1884. Corporate existence extended July 30, 1914. O. J. C o r n e l l , P r e s i d e n t ; E d w in R o b in s , V i c e P r e s i d e n t ; F . M . C o o k , C a s h i e r ; M . 4?. M a r s h , A s s i s t a n t C a s h i e r . D ir e c t o r s .— L n c i e n D . W a l w o r t h , O. J . C o r n e ll, F . M . C o o k , E d w i n R o b in s , R . S. P e t e r s o n . Statement October 3, 1928. Resources. Loans and discounts: ......................... Commercial $221, 138 ......................... Savings 189, 226 Real estate mortgages : Commercial 3, 694 Savings ........................ 405, 364 Bonds and securities: Commercial ................... 181, 252 Savings ................................ 369, 280 Due from Federal Reserve bank: Savings ................................ 75, 930 Due from banks in reserve cities: Commercial ............................................ 150, 891 Savings ..................... 150, 548 Exch. for C. H. and checks on banks in same place: Commercial .............................................. 1, 943 Total cash on hand: Commercial ................................ 7, 283, Savings .......................... 10, 000 Overdrafts .......................................... 2, 709 Banking house....................................... 5, 500 Furniture and fixtures................................... 1, 000 Other real estate.......................................... 17, 471 Outside checks revenue stamps and other cash items............................................ 501 Stock of federal reserve bank..................... 3, 750 T o ta l..................................................... $1, 797, 487 74 09 73 58 Liabilities. Capital stock paid i n ................................... Surplus fund ............................................. Undivided profits, net................................... Commercial deposits subjectto check. . . . Demand certificates of deposit .................. Savings deposits (book a c c o u n t ) . . . . . . . Savings certificates of deposit.................. $100, 000 25, 000 16, 303 347, 547 108, 286 6 1 9 ,9 6 4 5 8 0 ,3 8 6 00 00 96 33 04 01 07 60 13 73 82 55 53 35 00 07 00 00 92 57 00 41 T o ta l............................ ......................... $1, 797, 487 41 No. 56. THE FIRST STATE BA N K OF HOLLAND. Organized October 14, 1889. Corporate existence extended October 14, 1919. G e r r it J. D ik k e m a , P r e s i d e n t ; E d w . D . D im m e n t , V i c e P r e s i d e n t ; W y n a n d W i c h e r s , C a s h i e r ; W m . J . W e s t v e e r , H. J . L in d u e s , A l b e r t A. N i e u i i u i s , A s s i s t a n t C a s h i e r s . D ir e c t o r s .— H e n r y P e l g r i m , G e r r it J. D ie k e m a , T . II. M a r s il je , J o h n B o s n ia n , W y n a n d W i c h e r s , C o n D e P r e e , E d w . D . D im n e n t , D a n i e l T e n C a t e . Statement October 3, 1928. Resources. Loans and discounts: Commercial .............................................. $1, 148, 902 01 Savings ..................................................... 478, 738 09 Real estate mortgages: Commercial .......................................... 25, 000 00 Savings ..................................................... 1, 162, 443 55 Bonds and securities: Commercial ............................. 31, 880 20 Savings ..................................................... 490, 160 79 Due from Federal Reserve bank: Commercial .............................................. 108, 040 78 Savings ..................................................... 67, 413 44 Due from banks in reserve cities: Commercial .............................................. 143, 961 10 Savings ..................................................... 92, 046 55 Each, for C. H. and checks on banks in same place: Savings ..................................................... 10, 578 66 Total cash on hand: 18, 096 03 Commercial ............................................. Savings ..................................................... 30, 039 56 Overdrafts .................................. 2, 586 85 Banking house................................................ 25, 000 00 Furniture and fixtures................................ 15, 000 00 Other real estate............................................ 700 00 Customers’ bonds left with bank for safe keeping ..................................................... 39, 950 00 Outside checks, revenue stamps and other cash items ............................................. 2, 213 08 Stock of Federal Reserve bank................ 6,00000 T o ta l..................................................... $3, 898, 750 69 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. Capital stock paid i n .................................. Surplus fund................................................... Undivided profits, net................................... Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject to check. . Demand certificates ofdeposit..................... Certified checks................................ Cashier’s checks............................................ State moneys on deposit.............................. Savings deposits (book account)........... Customers' bonds left with bank for safe keeping ..................................................... Total $100, 000 00 100, 000 00 120, 540 09 46, 602, 364, 2, 25, 50, 2, 446, 617 971 281 203 581 000 606 37 12 02 01 66 00 42 39, 950 00 $3, 898, 750 69 STATE BANK S OF M ICHIGAN 187 No. 91. THE HOLLAND CITY STATE BANK, HOLLAND. Organized January 16, 1890. Corporate existence extended January 16, 1920. W m . H . B e a c h , P r e s i d e n t ; A . H . L a n d w e h r , V i c e P r e s i d e n t ; O tto P . K r a m e r , C a s h i e r ; H . A . G icerds, A s s i s t a n t C a s h i e r . D ir e c t o r s .— W m . H . B e a c h , C. H . M c B r id e , O t t o P . K r a m e r , P r a n k D y k e , A . H . L a n d w e h r , B. P . D o n n e l ly , J o h n K o ll e n , J a m e s A . B r o u w e r , J o h n P . K o li a , D ic k B o t e r , D . B . K . V a n R a a lt e . Statement October 8, 1928. Resources. Loans and discounts: Commercial .............................................. Savings ..................................................... Real estate mortgages: Commercial .............................................. Savings ..................................................... Bonds and securities: Commercial .............................................. Savings ..................................................... Due from Federal Reserve bank: Commercial .............................................. Savings ..................................................... Due from banks in reserve cities: Commercial ............................................. Savings ..................................................... Exch. for C. II. and checks on banks in same place: Commercial ......................... Total cash on hand: Commercial .............................................. Savings ..................................................... Overdrafts ..................................................... Banking house................................................ Furniture and fixtures................................ Customers’ bonds left with bank for safe keeping . . ................................................. Outside checks, revenue stamps and other cash items ............................................. Stock of Federal Resene bank............. T o ta l..................................................... Liabilities. $878, 403 59 421, 290 68 25, 325 00 1, 142, 951 94 3 3 6 ,1 3 8 35 473, 277 53 85, 139 62 65, 000 00 91, 108 53 40, 000 00 Capital stock paid in ....................................... Surplus fund........................................................ Undivided profits, net...................................... Dividends unpaid................................................. Commercial deposits subject to check.. . . Demand certificates of deposit....................... Certified checks................................................... Cashier’ s checks................................................. State moneys on deposit................................ Postal savings deposits.................................... Savings deposits (book account)................ Club savings deposits...................................... Bills payable...................................................... Customers’ bonds left with bank for safe keeping ..................................................... $1 00 , 000 00 100, 000 00 101, 422 01 302 16 607, 827 74 453, 416 36 164 50 3 , 3 3 9 45 50, 000 00 66254 2, 117, 055 19 42, 983 65 100, 000 00 31, 664 46 11, 374 26 6, 998 39 17, 518 71 379 85 49, 000 00 21, 655 17 31, 664 46 5, 612 00 6,00000 $3, 708, 838 06 T o ta l.......................................................... $3, 708, 838 06 No. 322. THE P E O P L E ’ S STATE BANK, HOLLAND. Organized January 24, 1905. B a s t ia n D . K e p p e l , P r e s i d e n t ; J o h n G . R u t g e r s , C. M . M c L e a n , V i c e P r e s i d e n t s ; H e n ry W in t e r , C a s h i e r ; A l e x V an Z a n t e n , A s s i s t a n t C a s h i e r ; B a s t ia n D. K e p p e l , F r a n k B o l h u is , A u d i t o r s . D ir e c t o r s .— B a s t i a n D . K e p p e l, C. J . L o k k e r , C. M. M c L e a n , E . G . L a n d w e h r , J o h n G . R u tg e rs , H e n r y W in te r, R a y m o n d V is s c h e r , A . C. K e p p e l, P r a n k B o lh u is . Statement October 3, 1928. Resources. Loans and discounts: Commercial ............................................. $1, 100, 215 40 632, 637 53 Real estate mortgages: T o t a l..................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $100, 000 00 100, 000 00 49, 849 23 Reserved for taxes, interest, depreciation, 28, 223 27 554, 622 75 124, 678 75 242, 706 60 22. 264 18 104, 108 92 Commercial deposits subject to check......... Demand certificates of deposit..................... Certified checks ............................................ State moneys on deposit.............................. Savings deposits (book account)............ Bills payable .............................................. Customers’ bonds left with bank for safe keeping ..................................................... 5, 605, 398, 1, 50, 1, 698, 135, 000 649 223 134 000 469 000 00 90 58 30 00 56 00 3, 850 00 60, 000 00 15, t00 Savings..................................................... Bonds and securities: Commercial .............................................. Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only..................................... Exch. for C. II. and checks on banks in same place: Commercial .............................................. Total cash on hand: Commercial .............................................. Savings ..................................................... Overdrafts ..................................................... Banking house......................... ....................... Furniture and fixtures.................................. Other real estate............................................ Customers’ bonds left with bank for safe keeping ..................................................... Liabilities. Capital stock paid in ................................... Surplus fund ................................................ 38, 032 22, 000 904 100, 000 67, 056 30, 002 12 35 00 32 00 38 00 3, 850 00 $3, 147, 176 57 T o t a l..................................................... $3, 147, 176 57 188 STATE BA N K IN G D EPARTM ENT No. 106. THE FIRST STATE AND SAVINGS BA N K OF HOLLY. Organized October 11, 1890. Corporate existence extended October 11, 1920. C h a r l e s A. W il s o n , P r e s i d e n t ; D. B. L y o n s , V i c e P r e s i d F. S. S t i l e s , A s s i s t a n t C a s h i e r . en t an d C a sh ier j D ir e c t o r s .— C h a r le s A . W i ls o n , F l o y d S. S t ile s , F . J . B a r r e t t , D . B . L y o n s , A l b e r t S t e in b a u g h , W m . G. W h e e le r , J. L e e M o n t g o m e r y . F . W . W a l ls , Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Com m ercial............. Savings Real estate mortgages: Com m ercial............................ Savings Bonds and securities: ............ Commercial Savings Due from Federal Reserve bank: Commercial Savings ....................... Due from banks in reserve cities: Commercial ............ Total cash on hand: Commercial Savings ................ Overdrafts . . . . ................ Banking hou se..................... Furniture and fixtures................... Customers’ bonds left with bank for safe keeping . . Outside checks, revenue stamps and other cash ite m s ......................... Stock of Federal Reserve bank............. Total ....................... $254, 802 79 105, 775 31 20, 477 83 994, 043 40 86, 937 50 321, 060 63 41, 228 88 43, 500 00 Capital stock paid i n ................ Surplus fund ............ Undivided profits, net . Dividends unpaid . . Reserved for taxes, interest, depreciation, Commercial deposits subject to check. . Savings deposits (book account) .... Savings certificates of deposit . . . Customers’ bonds left with bank for safe keping ................................................... $100, 000 00 50, 000 00 81, 667 76 80 00 10 298, 1, 282, 180, 000 920 413 108 00 85 70 46 11, 239 05 31, 521 73 30, 716 83 1, 857 18 31 87 42, 000 00 22, 000 00 10, 750 00 3, 225 87 4, 500 00 $2, 014, 429 82 Total ................................................... $2, 014, 429 82 No. 695. HOLT STATE BANK , HOLT. Organized January 24, 1922. H erbert E . G u n n , P r e s i d e n t ; C h a s . E . T o m s , V i c e P r e s i d e n t ; H . C h a p p e l l , C a s h i e r . D ir e c t o r s .— H e r b e r t E . G u n n , C h a s . E . T o m s , C h a r le s V . K e lle r , E . J . H im e lb e r g e r , W a l t e r S. F o s t e r , W m . R . T o w n , A l f r e d W a l t e r , C. W . M c G ill. Statement October 3, 1928. Resources. Loans and discounts: Commercial Savings .......................... Real estate mortgages: Savings ....................................... Due from banks in reserve cities: Commercial ......................... U. S. Bds. and Cert, of Ind. as legal reserve : Savings dept, only..................................... Exch. for C. H. and checks on banks in same place: Commercial Total cash on hand: Com m ercial............................ Savings ................ Overdrafts Banking h o u s e ................ Furniture and fixtures.......................... Outside checks, revenue .stamps and other cash ite m s ............................ T o t a l .......................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $80, 745 81 6, 375 00 60, 238 96 4, 842 97 Capital stock paid i n ................................ Surplus fund ................................................ Undivided profits, net................................... Commercial deposits subject to check. . . . Demand certificates of deposit..................... Savings deposits (book account)................. Savings certificates of deposit..................... Club savings deposits................................... $20, 10, 1, 57, 000 000 330 912 950 60, 342 25, 054 1, 540 00 00 70 99 09 12 60 00 5, 900 00 588 16 2, 244 44 3, 000 00 58 33 9, 166 92 3, 910 85 59 06 $177, 130 50 T o t a l..................................................... $177, 130 50 STATE BANK S OF M ICHIGAN 189 No. 432. THE HOLTON STATE BANK, HOLTON. Organized June 10, 1909. B- F . B l a c k , P r e s id e n t j J o s e p h M a r t in , S. P . M u r p h y , V ic e P r e s i d e n t s : J o h n E . N a s h , C a sh ie r j T h o m a s L . H e r m a n c e , A ss is ta n t C a s h ie r ; B e r t h a S k e e l s , S. P . M u r p h y , J o s . M a r t in , A u d ito rs. D i r e c t o r s .— B . F . B la c k , S . P . M u r p h y , J o s e p h M a r t i n , B e r t h a S k e e ls , J o h n E . N a s h . Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial Savings ................................... Real estate mortgages: Commercial . . Savings ................ Bonds and securities: Commercial Savings .............................. Due from banks in reserve cities: Commercial .... Savings .................. Total cash on hand: Commercial S a v in gs................................................. Overdrafts .............................................. Banking h ou se.......................................... Furniture and fixtures................ Customers’ bonds left with bank for safe keeping ..................... Total $29, 325 68 17, 781 80 5, 700 00 59, 320 00 5, 000 00 2, 250 00 Capital stock paid in ................................ Surplus fund ................................................ Undivided profits, net................................... Commercial deposits subject tocheck. . . . Savings deposits (book account)................ Savings certificates of deposit................ Customers’ bonds left with bank for safe keeping ..................................................... $20, 000 00 5, 000 00 838 12 38, 612 16 56, 322 32 39, 761 78 2, 700 00 15, 498 60 12, 000 00 1, 905 56 4, 732 30 20 44 4, 000 00 3, 000 00 2, 700 00 ................................................... $163, 234 38 Total ................................................... $163, 234 38 No. 751. *STATE B A N K OF HOME ACRES, HOME ACRES, (GRAND RAPIDS P. O.) Organized December 19, 1927. G e o . A . S in c l a ir , P r e s id e n t j J. L . M il l e r , V ic e P r e s id e n t ; G eorge W il s o n , C a sh ier ; H e n r y S i m e r i n k , A s s i s t a n t C a sh ier. D i r e c t o r s ,— G e o . A . S i n c la ir , J . L . M i ll e r , G e o r g e W i l s o n , H e n r y S im e r in k , J . W . P h i ll i p s . Statement October 3, 1928. Resources. Total ................................................... * C om m enced https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis b u s in e s s M a r c h Liabilities. $ 21, 168 CO CO Loans and discounts: Commercial ............................................ Real estate mortgages: Savings ..................................................... Ronds and securities: Commercial .............................................. Savings ............................................... Due from banks in reserve cities: Commercial .............................................. Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Total cash on hand: Commercial .............................................. Savings ..................................................... Expenses, interest and taxes paid exceed ing earnings ............................................ Furniture and fixtures................................. 7, 550 00 16, 619 50 9, 500 00 Capital stock paid i n ................................. Surplus fund ................................................ Reserved for taxes, interest, depreciation, etc................................................................. Commercial deposits subject to check. . . . Certified checks ............................................ Savings deposits (book account)............ Savings certificates of deposit..................... $25, 000 00 5, 000 00 127 34, 842 166 21, 718 9, 024 64 12 76 52 66 13, 915 91 4, 000 00 5, 000 00 3, 232 18 4, 000 00 5, 114 58 5, 778 65 $95, 879 70 1, 1928. Total $95, 879 70 190 STATE BA N K IN G D EPARTM ENT No. 255. CALHOUN STATE BAN K , HOMER. Organized January 20, 1902. C ' c 5 ™ C ÍÍU üCH’ pZ esi^ en t->' J - C S n y d e r , V i c e P r e s i d e n t ; F o r d B . J a r v i s , C a s h i e r ; H . A A u d ito r P a u l H ' S i n c l a i r * B race H . L y o n , A ss is ta n t C a s h ie r s ; F loren da E . W il l ia m s , D ir e c t o r s . C . R C h u r c h B . F . C a m p b e ll, J . C . S n y d e r , W . R . R e y n o ld s C . H . L e e d le , W m . M c K e n n a n , B o r d B . J a r v is , J . F . B e r k h e im e r , H a r l e y G . M ic k e l, G . C . B a lle n t in e . Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial ............................................ Savings ..................................................... Real estate mortgages: Commercial .............................................. Savings ..................................................... Bonds and securities: Commercial .............................................. Savings ..................................................... Due from banks in reserve cities: Commercial .............................................. U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Total cash on hand: Commercial .............................................. Savings ...................................................... Overdrafts ................................... ................ Banking house ..................................... Furniture and fixtures .............................. Other real estate........................................ Customers’ bonds left with bank for safe keeping ..................................................... Total $370, 3 70 90 68, 000 00 4, 400 00 156, 793 58 1, 000 00 75, 000 00 35, 453 44 Capital stock paid in ................................ Surplus fund ............................................. Undivided profits, net.................................. Dividends unpaid ....................................... Commercial deposits subject to check. . Demand certificates of deposit................... Cashier’s checks .......................................... Savings deposits (book account).............. Customers’ bonds left with bank for safe keeping ..................................................... $60, 000 00 12, 000 00 5, 052 04 1000 189, 290 40 169, 056 50 4, 355 39 362, 486 14 19, 500 00 61, 800 00 15, 458 892 1, 001 6, 700 3, 680 1, 700 68 56 31 00 00 00 19, 500 00 $821, 750 47 Total $821, 750 47 No. 597. HONOR STATE BANK , HONOR. Organized June 9, 1917. B . H a r v e y W i l c e , P r e s i d e n t ; W m . P . G r i f f i t h s , F . G . P e c k , V ic e P r e s i d e n t s ; L eo H . St a c e y , C a s h ie r ; E. M . St a c e y , A s s is ta n t C a s h ie r ; B . A . V o ic e , A u d ito r . D i r e c t o r s .— E . H a r v e y W i lc e , W m . P . G r iffit h s , F . G . P e c k , L e o H . S t a c e y , E . A . V o ic e , B. G. B e n n e tt. Statement October 3, 1928. Resources. Loans and discounts: Commercial ................................ Savings ............................................ Real estate mortgages: Commercial . . Savings ............................................ Bonds and securities: Savings .......................................... Due from banks in reserve cities: Commercial ..................................... Savings ............................................ U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only......................... Total cash on hand: Commercial ..................................... Savings ............................................ Overdrafts ............................................ Banking house ................................... Furniture and fixtures....................... Other real estate ................ Customers’ bonds left with bank for safe keeping ............................................ Outside checks, revenue stamps and other cash items ..................................... Customers’ acceptances and letters of credit .............................................. Total ....................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $49, 591 66 25, 288 71 1, 569 96 17. 851 54 Capital stock paid in ....................... Surplus f u n d ..................... ............ Undivided profits, net. . .............. Dividends unpaid ....................... Commercial deposits subject to Check. . . Cashier’ s checks ............ Savings deposits (book account)............ 12, 500 00 20, 394 15 6, 000 00 Club savings deposits................................... Customers’ bonds left with bank for safe keeping ..................................................... Customers’ acceptances and letters of credit .......................................................... $ 20 , 000 00 4, 000 00 222 10 9 00 58, 2, 58, 9, 2, 595 40 002 14 405 24 506 08 212 50 17, 450 00 1,940 00 10, 350 00 1, 283 14 1, 000 00 55 86 3, 300 00 2, 500 00 3, 244 85 17, 450 00 22 59 1, 940 00 $174, 342 46 Total .............................................. $174, 342 46 STATE BAN K S OF M ICHIGAN 191 No. 353. THE HOPKINS STATE SAYINGS BANK, HOPKINS. Organized September 20, 190(5. C . F c r b e r , P r e s id e n t ; M . E . P a r m e l e e , V ic e P r e s i d e n t ; A n n a B . W a l t e r , C a sh ier. D i r e c t o r s .— R . C . F u r b e r , K . M . F u r b e r , A n n a B . W a l t e r , M . E . P a r m e le e , A . C . F r u e . R. Statement October 3, 1928. Resources. Loans and discounts: Commercial .............................................. Savings ..................................................... Real estate mortgages: Savings ....................................... Bonds and securities: Commercial ............................................... Savings ..................................................... Due from Federal Reserve bank: Commercial ............................................. Savings ..................................................... Due from banks in reserve cities: Savings ................... ................................ Total cash on hand: Commercial ............................................ Savings ..................................................... Overdrafts ................................... .................. Banking house............................................... Furniture and fixtures................................ Other real estate.......................................... Stock of Federal Reserve bank......... .... Total ................................................. Liabilities. $62, 766 66 29, 394 58 117, 948 29 93, 950 00 145, 000 00 Capital stock paid i n ................................... Surplus fund .............................................. Undivided profits, net................................... Commercial deposits subject to check. . Cashier’ s checks ....................................... Time commercial certificates of deposit. Savings deposits (book account)............ Savings certificates of deposit................ $25, 000 5, 000 6, 161 89, 931 1, 818 66, 103 2 2 4 ,0 7 6 1 0 5 ,9 8 8 00 00 15 04 55 69 77 63 8, 988 59 12, 000 00 1 9 ,3 1 4 72 2 ,6 5 0 0 8 4, 000 00 10 04 13, 200 00 7, 525 52 6, 431 35 900 00 $524, 079 83 Total ................................................. $524, 079 83 No. 643. O ’DONALD STATE BANK, HOWARD CITY. Organized February 10, 1920. W il l ia m F . T u r n e r , P r e s i d e n t ; S id n e y R e y n o l d s , V ic e P r e s i d e n t ; C h e s t e r L . C r i m m i n s , C a s h ie r . D i r e c t o r s .— S id n e y R e y n o ld s , A l b e r t O ’ D o n a ld , W i l l i a m R. 8. F . Tu rn er, C. L . C r im m in s , J e n n in g s . Statement October 3, 1928. Resources. Loans and discounts: Commercial .............................................. Real estate mortgages: Savings ..................................................... Bonds and securities: Commercial ....................................... Savings ................................................... Due from banks in reserve cities: Commercial .............................................. Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Total cash on hand: Commercial .............................................. Overdrafts ..................................................... Banking house ....................................... Furniture and fixtures................................. Other real estate........................................ Customers’ bonds left with bank for safe keeping ..................................................... Total ................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $187, 523 65 103, 293 55 74, 047 06 51, 912 39 31, 661 88 9, 889 87 Capital stock paid in ................................... Surplus fund ........... Undivided profits, net................................... Commercial deposits subjectto check. . . Demand certificates of deposit................ State moneys on deposit............................ Savings deposits (book account)............ Customers’ bonds left with bank for safe keeping ..................................................... $25, 000 5, 000 14, 987 90, 191 192, 354 5, 000 1 8 4 ,9 3 9 00 00 24 56 38 00 17 6, 500 00 26, 400 00 7, 316 95 778 37 3, 500 00 2, 500 00 18, 648 63 6, 500 00 $523, 972 35 Total .............................. .................... $523, 972 35 192 STATE BA N K IN G D EPARTM ENT No. 109. THE FIRST STATE AND SAVINGS B A N K OF HOWELL. Organized November 26, 1890. Corporate existence extended November 26, 1920. W . E . R o b b , P r e s i d e n t ; G eo B a r n e s , V i c e P r e s i d e n t ; A . L . S m i t h , C a s h i e r ; „ „ G e i g h t , G . W . E l l i o t t , A s s is t a n t C a sh iers. D i r e c t o r s .— G e o . B a r n e s , A . L . S m it h , W . E . R o b b , D . W . V a n W i n k le , H a r r y L . W i l l i a m s John R yan, H . R. G ille t t e , W. E . B each, B . S. P a te . Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial ...................................... $196, Savlnss ..................................................... 40, Real estate mortgages: Savings ..................................................... 217, Bonds and securities: Commercial ........................................... 105, Savings ..................................................... 392, Due from Federal Reserve bank: Commercial ........................................... 25, SaTlngs ..................................................... 33, Due from banks in reserve cities: Commercial .......................................... 49, Savings ..................................................... 40, Total cash on hand: Commercial .......................................... 10, Savings ..................................................... 15, Overdrafts ..................................................... Banking h ou se...........................................................46, Furniture andfixtures.................................... 19, Other real estate...................................... 5, Stock of Federal Reserve bank................ 3, Total 044 24 000 00 187 92 563 80 680 31 568 32 175 47 Capital stock paid i n . . . . . ................... Surplus fund .............................................. Undivided profits, net................................... Reserved for taxes, interest, depreciation, ete................................................................ Commercial deposits subject tocheck. . . Certified checks ............................................ State moneys on deposit.............................. Savings deposits (book account)............ Savings certificates of deposit.................. Club savings deposits................................... $ 7 5 ,0 0 0 00 34, 000 00 15, 006 01 2, 000 00 321, 645 86 135 66 10, 000 00 284, 036 45 457, 025 13 995 27 800 26 008 11 360 55 855 04 450 36 000 00 000 00 000 00 150 00 ................................................... $ i, 199, 844 33 Total ................................................... $ 1, 199, 844 38 No. 559. M cP h e r s o n state ban k how ell . Organized February 24, 1915. M. J. M cP h e r s o n , P r e s id e n t ; R . B. M cP h e r s o n , W m . M cP h e r s o n , 3 rd , E r ic R e i n e r , C a s h i e r ; J . G . A d a m s , A s s i s t a n t C a s h i e r . D i r e c t o r s .— M . J. M cP h erson , R. S m it h , B . M cP h erso n , W m . M cP h erson , W m . M c P h e r s o n B r o w n in g . 3rd . V ic e P r e s id e n ts • Wm. M cP h erson Statement October 3, 1928. Resources. Loans and discounts : Commercial .............. Savings ..................... Real estate mortgages: Savings Bonds and securities: Savings .............................. Due from banks in reserve cities: Commercial U. S. Bds. and Cert. of Ind. as legal reserve: Savings dept. only. . . . ............ Exch. for C. H. and checks on banks in same place: Commercial ............ Total cash on hand: Commercial .............. Savings ..................... Overdrafts ..................... Banking house .............. Furniture and fixtures. Other real estate. . . . Outside checks, revenue stamps and other cash items .............. Total .................. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $628, 808 64 352, 095 19 201, 534 45 471, 900 00 121, 358 73 Capital stock paid i n ................................... Surplus fund ............................................... Undivided profits, net................................... Reserved for taxes, interest, depreciation, etc........... .................................................... Commercial deposits subject_ to ch e ck ... Demand certificates of deposit.................. Certified checks ............................................ Savings deposits (book account).............. Savings certificates of deposit.................. $150, 000 00 40, 000 00 26, 851 80 45, 500 5 1 7 ,7 0 5 7, 305 2, 936 412, 873 893, 945 00 29 25 43 10 17 200, 650 00 5, 802 40 4, 30, 13, 41, 15, 9, 329 000 434 103 293 314 24 00 35 12 25 33 1, 493 34 $2, 097, 117 04 Total ................................................... $2, 097, 117 04 STATE BA N K S OF M ICHIGAN 19 3 No. 593. HUDSON STATE SAYINGS BAN K , HUDSON. Organized March 20, 1917. B yU ?N F o s t e r , P r e s id e n t j W m . N. D e r b y s h ir e , A l b e r t V . F o s t e r , V ic e P r e s i d e n t s : V a l . W . F i s h e r , C a sh ie r j H a r o ld H . T o l f o r d , L . J . F o s t e r , A s s i s t a n t C a s h i e r s ; E r n e s t R H u g h e s , A u d ito r . D i r e c t o r s .— B y r o n J . F o s t e r , A l b e r t V . F o s t e r , V a l. W . F i s h e r , W m . N . D e r b y s h ir e , L . J. F o s te r . Statement October 3, 1928. Resources. Loans and discounts: Commercial ................... Savings ............................ Real estate mortgages: Commercial ................... Savings ........... Bonds and securities: S av in gs............................ Due from banks in reserve! cities: Commercial ..................... Savings............................ U. S. Bds. and Cert, of Ind. as legal reserve : Savings dept, only......... Exch. for C. H. and checks on banks in same place: Commercial ..................... Total cash on hand: Commercial ..................... Savings ............................ Overdrafts .......................... Banking house ................... Furniture and fixtures. . . . Customers’ bonds left with bank for safe keeping ............................ Outside checks, revenue stamps and other cash items ..................... Total Liabilities. $233, 274 35 59, 383 34 11, 841 00 375, 072 39 231, 103 13 58, 490 38 37, 660 70 Capital stock paid in ................................... Surplus fund .............................................. Undivided profits, net................................... Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject to c h e c k .... Cashier’ s checks .......................................... Savings deposits (book account)............. Savings certificates of deposit............... Customers’ bonds left with bank for safe keeping ..................................................... $100, 000 00 20, 000 00 11, 701 12 10, 234, 1, 259, 491, 273 092 589 516 711 57 64 60 04 98 30, 175 00 30, 900 00 1 , 734 91 11, 976 14 16, 000 00 , 559 34 43, 433 29 15, 889 61 1 30, 175 00 566 37 ................................................... $1, 159, 059 95 Total ................................................... $ 1, 159, 059 95 No. 143. THOMPSON SAVINGS BAN K , HUDSON. Organized October 14, 1892. Corporate existence extended October 14, 1922. W . R . T h o m p s o n , P r e s i d e n t ; L . P . R e a l , C. C . W h i t n e y , V i c e P r e s i d e n t s ; E . J . S c o v il l , C a s h ie r ; E . C . R ic k e n b a u g h , A s s i s t a n t C a sh ier. S . V e d d e r , W . R . T h o m p s o n , C. G . B e a d e n k o p f , E . J . S c o v i ll , L . P . D i r e c t o r s .— F . B e a l, C. C. W h itn e y . Statement October 3, 1928. Resources. Other real estate................................... Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $375, 295 72 414, 617 61 423, 245 17 204, to Loans and discounts: Commercial .............................................. Savings ..................................................... Real estate mortgages: Savings ...................................................... Bonds and securities: Savings ..................................................... Due from banks in reserve cities: Commercial ............................................... Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Total cash on hand: Commercial .............................................. Savings ..................................................... Overdrafts ..................................................... Banking h ou se.............................................. Furniture and fixtures................................. 00 34, 497 94 123, 218 45 Capital stock paid in ................................. Surplus f u n d ................................................. Undivided profits, net................................... Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject tocheck.. . Demand certificates of deposit................ Savings deposits (book a c c o u n t).............. Savings certificates of deposit................... $100, 000 00 50, 000 00 50, 181 78 5, 104 19 281, 787 10 832 74 357, 753 61 840, 624 03 11, 000 00 10, 22, 2, 49, 6, 9, 000 00 002 41 956 08 700 53 437 93 017 61 $1, 686, 283 45 Total $1, 686, 283 45 194 STATE B A N K IN G DEPARTM ENT No. 492. THE HUDSONVILLE STATE BA N K , HUDSONYILLE. Oganized June 12, 1911. W il l ia m B o ld t, L u th er M. W o lf, V H enry P. Steg em an , P r es id e n t j D i r e c t o r s .— W i l l i a m B o ld t , Thom as Fred ice P r e s id e n t; A s sista n t F red F . M cE a c iir o n , C a sh ier • C a sh ier. H u g h e s , N ic h o la s F . M cE ach ron . De W eerd , L u th e r M. W o lf, Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Commercial .............................................. Real estate mortgages: Savings ..................................................... Bonds and securities: Commercial .............................................. Savings ..................................................... Due from banks in reserve cities: Commercial ............................................... Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only...................... Total cash on hand: Commercial ............................................... Savings ..................................................... Overdrafts ...................................................... Banking house .............................................. Furniture and fixtures................................. Other real estate............................................ Total ....................................... ........... Capital stock paid in ................................... Surplus fund ............................................... Undivided profits, net................................... Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject to check.. . Demand certificates of deposit................ Certified checks .......................................... Savings deposits (book account).............. Savings certificates of deposit................... $103, 752 75 204, 616 50 80, 939 25 51, 353 50 33, 563 19 33, 846 25 $20, 000 00 8, 000 00 l i , 762 93 1, 500 00 93, 485 08 94, 349 93 1660 289, 674 66 30, 1 2 9 9 4 24, 000 00 3, 000 00 2, 906 90 137 so 4, 600 00 2, 600 00 3 , 603 00 $548, 919 14 Total .......................................... $548, 919 14 No. 618. P E O P L E ’ S STATE BAN K , I D A . Organized February 7, 1918. B oyez D a n s a r d ^ C a s M e r ^ R u s s E L L ^ ^ ^ N A P p 1^ ^ ^ 111^ ^ 111^ 0 ^ 11’ V ° f R e s i d e n t s ; F l o r e n c e IVI. x v n a p f , ^ a s n i e r , k l s s e l l j . K n a p p , V i c e P r e s i d e n t a n d A s s i s t a n t C a s h i e r . D i r e c t o r s .— B o y e z D a n s a r d , F lo r e n c e M K n a p p , R o b e r t F e in a u e r , R u s s e ll J . K n a p p , S. O. N ew com b, Frank B. G erw eck, W illia m N ic k e l. Statement October 3, 1928. Resources. Loans and discounts: Commercial ....................................... Savings ..................................... ” ’ ’ Real estate mortgages: Commercial ....................................... Savings ......................................... Bonds and securities: Savings ............................................. Due from banks in reserve cities: Commercial ....................................... Savings ............................................ U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only........................... Exch. for C. H. and checks on banks in same place: Commercial ....................................... Total cash on hand: Commercial ....................................... Savings ............................................ Overdrafts ............................................. Premium account................................... Banking house ..................................... Furniture and fixtures........................... Due from banks other than in reserve cities .............................................. Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $73, 731 50 18, 419 00 8, 716 17 112, 917 10 72, 328 75 11, 831 21 8, 736 89 Capital stock paid in.................... Surplus fund ................................. Undivided profits, net..................... Dividends unpaid ........................... Commercial deposits subject to check. Demand certificates of deposit.......... Cashier’s checks ........................... Savings deposits (book account). . . Savings certificates of deposit......... Club savings deposits...................... . $30, 000 00 6, 500 00 1, 808 51 3 00 69, 212 57 109 73 4, 503 37 184, 467 85 57, 010 18 1, 992 75 17, 650 00 161 25 845 7, 000 20 550 13, 750 2,914 77 00 42 00 00 89 6, 035 01 $355, 607 96 Total $355, 607 96 S T A T E B A N K S O F M IC H IG A N 195 N o . 24. THE LAPE ER COUNTY BANK , IM L A Y CITY. Organized January 26, 1886. Corporate existence extended January 26, 1916. B o r l a n d , J r . P r e s i d e n t ; M u r r a y W a l k e r , V ic e P r e s id e n t ; W il l B o r l a n d , C a s h ie r _ . I r v in e B o r l a n d , M il t o n M o v e r , A s s i s t a n t C a s h ie r s . D i r e c t o r s .— J o h n B o r la n d , J r ., M u r r a y W a l k e r , E . E . P a lm e r , W i l l B o r l a n d , I r v i n e B o r la n d John Statement October 3, 1928. Resources. Liabilities. 559, 052 17 198, 836 25 10, 643 40 31, 000 00 o Total $174, 339 94 163, 491 47 C O Loans and discounts: Commercial ......................................... Savings ......................... . Real estate mortgages: Savings ..................................................... Bonds and securities: Savings .............................................. Due from Federal Reserve bank: Commercial ............................ Savings ................................ ’ Due from banks in reserve cities: Savings ..................................................... U. S. Bds. and Cert, of ind.' as legal reserve: Savings dept, only..................................... Total cash on hand: Commercial .......................................... Savings .............................. Overdrafts ................................... Banking house . . , \ ................... Furniture and fixtures.. I I ! 1111111111 Other real estate..............I l l ' l l * . " " ' * * Customers’ bonds left with bank’ for'safe keeping ..................................... Outside checks, revenue stamps and other cash ite m s ....................................... Stock of Federal Reserve bank................... Capital stock paid in ................................... Surplus fund ............................I . . . 11111 Undivided profits, net............................" ’ ' Commercial deposits subject to check. Cashier’ s checks ................................... Savings deposits (book account) ' ! . ! 1111 Savings certificates of deposit..................... Customers’ bonds left with bank for safe keeping ................................................ Other liabilities ............................ $50, 10, 9, 141, 3, 860, 155, 000 000 386 472 316 771 970 00 00 34 22 66 51 65 9, 750 00 5, 300 00 842 19 14, 487 50 4, 000 00 10, 323 07 180 69 4, 800 00 1 , 700 00 27, 757 31 9, 700 00 3, 013 39 1 , 800 00 $1, 245, 967 38 Total $1, 245, 967 38 No. 517. THE P E O P L E ’ S STATE BAN K , IM L A Y CITY. Organized August 29, 1912 H arry E. P a lm e r , G eorge A . T i t u s , V ic e P r e s id e n t ; I sa a c M cK il l e n , C a s h ie r ; n r n v c T n ii « G a r r i e B o ^ EN> I.EVL?i E W b l t o n , A s s i s t a n t C a s h i e r s . D i r e c t o r s .— H a r r y E . P a lm e r , G e o . A . T i t u s , A . D . C o n le y , E a r l I . H e e n a n , I s a a c M c K il l e n , C h a s . K e m p f , D a v i d J . M a r s h a ll . Statement October 3, 1928. Resources. Loans and discounts: Commercial ............................................... Savings ...................................................... Real estate mortgages: Commercial ..................................... . . . . Savln£s ..................................................... Bonds and securities: Savings ..................................................... Due from Federal Reserve bank: Commercial .............................................. Savings ..................................................... Due from banks in reserve cities: Savings ..................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only................................... Total cash on hand: • Commercial .............................................. Savings ..................................................... Overdrafts ..................................................... Furniture and fixtures..................... . . . . . Other real estate..................................... * ,* ’ Due from banks other than in reserve cities .......................................................... Customers’ bonds left with bank for safe keeping ................... Stock of Federal Reserve bank................... Total............................................. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $153, 267 17 9 i ( 262 71 1 9 ,9 6 4 02 313, 977 91 236, 986 00 10, 000 00 19, 631 75 55, 607 86 Capital stock paid in ................................... Surplus fund ................................................. Undivided profits, net................................... Reserved for taxes, interest, depreciation, „ etc................................................................ Commercial deposits subject to check. . . . Cashier’ s checks ........... Savings deposits (book account)................ Savings certificates of deposit................... Notes and bills rediscounted.............. Customers’ bonds left with bank for safe keeping ..................................................... Other liabilities ............................................ $50 000 00 10, 000 00 9, 449 54 13, 148, 3( 564,’ 137, 9, 189 96 534 43 563 60 123 57 512 62 626 14 7, 500 00 4,660 00 3, 100 00 5, 000 00 9, 158 76 593 54 2, 200 00 27, 247 96 857 18 7, 500 00 1, 800 00 $958, 159 86 Total $958, 159 86 196 STATE B A N K IN G DEPARTM ENT No. 729. PEOPLES STATE BANK, INKSTER. Organized September 8, 1925. W . E ; V an V l e a r , P r e s id e n t j A r t h u r E . W ood, W m . J. D a l y , F . R . F e l l r a t h , V ic e P r e s i d e n t s ; J n o . B . T u r n e r , V i c e P r e s i d e n t a n d C a s h i e r ; P e a r l s T u r n e r , A s s i s t a n t C a s h ie r . D i r e c t o r s .— W . E . V a n V le a r , E . B . B e n s c o e , W . J . D a l y , M ic h a e l S o u k , F . C . M a t h e w s , J . G . L a n g e , J n o . B . T u r n e r , F r a n k T r o w b r id g e , A r t h u r E . W o o d , C h a s . C . B o c k , J o h n Z i m m e r m a n . Statement October 3, 1928. Resources. Loans and discounts: Commercial ............ Savings ................................................ Real estate mortgages: Savings ................................................ Bonds and securities: Com m ercial................................ Savings ................................................. Due from banks in reserve cities: Commercial Savings ................................................ Exch. for C. H. and checks on banks in same place: Commercial ............ Total cash on hand: Commercial .......................................... Savings ................................................. Banking h ou se .............................................. Furniture and fixtures................................ Due from banks other than in reserve cities ................................... T o t a l .............................. Liabilities. Capital stock paid i n .................................. $110, 457 06 93, 080 00 Undivided profits, net................................... Reserved for taxes, interest, depreciation, $50, 000 00 10, 000 00 7, 328 62 97, 575 50 63, 587 50 59, 289 40 34, 870 27 47, 000 00 Commercial deposits subject to check.. Cashier’ s checks .......................................... State money on deposit............................. Savings deposits (book account).............. Savings certificates of deposit..................... Club savings deposits..................... 160, 32, 5, 204, 75, 4, 511 936 250 000 688 548 271 25 37 64 00 14 70 75 287 79 2, 5, 24, 8, 114 000 500 000 34 00 00 00 4, 591 61 $550, 535 47 $550, 535 47 No. 191. STATE SAYIN GS B A N K OF IO N IA, IONIA. Organized December 1, 1896. Corporate existence extended December 1, 1926. One Branch. T . B . P r e s t o n , P r e s id e n t ; W . B . H e a t h , W . Y . T e m p l e t o n , V ic e P r e s id e n t s ; G . L . T a t e s , C a s h e r ; M . D . W il s o n , A s s s t a n t C a sh iers. D i r e c t o r s .— T . B . P r e s t o n , W . B . H e a t h , F . M . M a r s h , H . E . K id d e r , R . A . H a w le y , G e o . H . C o e , A . V . W r i g h t , N . J . O g ilv ie , F . O . E ld r e d . Statement October 3, 1928. Resources. Loans and discounts: Commercial .............................................. Savings ..................................................... Real estate mortgages: Commercial ........................................... Savings ..................................................... Bonds and securities: Commercial .............................................. Savings ..................................................... Due from Federal Reserve bank: Commercial ........................................... Savings ................................ Due from banks in reserve cities: Commercial .............................................. Exch. for C. H. and checks on banks in same place: Commercial .............................................. Total cash on hand: Commercial .............................................. Savings ..................................................... Overdrafts ..................................................... Banking house ............................................ Furniture and fixtures................................... Other real estate ........................................ Due from banks other than in reserve cities ........................................................ Customers’ bonds left with bank for safe keeping ..................................................... Stock of Federal Reserve bank................... Trust department: Cash and due from banks in reserve cities $805, 282 60 178, 431 72 109, 848 88 335, 642 54 46, 960 00 29, 181 63 60, 887 19 20, 000 00 88, 218 75 8, 427 78 12, 323 42, 206 1 ,7 8 6 28, 000 6, 000 8, 352 22 82 31 00 00 38 $100, 000 00 100, 000 00 1, 762 12 50 00 3, 865 00 467, 396 17 366, 679 31 65 00 114, 338 17 582, 057 81 16, 250 44 7 ,1 5 4 46 15, 706 34 550, 910 93 22, 725 00 3, 171 44 10, 500 00 550, 910 93 6, 000 00 3, 171 44 Total .......................................... $2, 352, 132 19 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. Capital stock paid in ................................... Surplus fund .............................................. Undivided profits, net................................... Dividends unpaid .......................................... Reserved for taxes, interest, depreciation, etc................................................................ Commercial deposits subject to check.. . . Demand certificates of deposit................... Certified checks ............................................ Due to other banks and bankers.............. Savings deposits (book account)................ Savings certificates of deposit..................... Club savings deposits................................... Notes and bills rediscounted................... Customers’ bonds left with bank for safe keeping ..................................................... Other liabilities .......................................... Trust department: Trust deposits— totals .............................. Total $2, 352, 132 19 STATE BAN K S OF M ICH IG AN 197 No. 676. AM ER ICAN SECURITY BA N K , IRON M OUNTAIN. Organized October 23, 1920. I. W . B y e r s, C h a irm a n o f t h e B o a r d . C leo M e il l i e u r , P r e s i d e n t ; I . W . B y e r s , D . F . B o y l e , V i c e P r e s i d e n t s ; N . J . R a ic h e , C a s h i e r ; R o ber t L in d s t r o m , A s s i s t a n t C a s h i e r . D ir e c t o r s .— I . W . B y e r s , D . F . B o y le , H e n r y S u in o , C le o M e i lli e u r , G e o r g e H o y l e . Statement October 3, 1928. Resources. Loans and discounts: Commercial .............................................. Savings ........................................................... Real estate mortgages: Commercial .......................... Savings ........................................................... Bonds and securities: Commercial ............................... Savings ......................................... Due from banks in reserve cities: Commercial .............................................. Savings ........................................................... Exch. for C. H. and checks on banks in same place: Commercial .................................................... Total cash on hand: Commercial .................................. Overdrafts ...................................................... Banking house .......................... .... Furniture and fixtures....................................... Other real estate ............................................ Outside checks, revenue stamps and other cash it e m s .................................. T o t a l............................................................ Liabilities. $38, 484 40 24, 402 69 26, 836 07 31, 683 87 36, 657 8 8 7, 507 83 7, 985 79 10 , 000 00 1 , 349 69 Capital stock paid in .................................. Surplus fund ...................................................... Undivided profits, net..................................... Dividends unpaid ......................... Reserved for taxes, interest, depreciation, etc....................................................................... Commercial deposits subject to check.. . . Certified checks ................................................. Cashier’s checks................................................. Savings deposits (book account)................ Savings certificates of deposit....................... Club savings deposits....................................... $ 5 0 , 00 0 30 , 000 602 125 00 00 26 00 3 , 37 6 95, 254 21 1, 951 41, 704 17, 323 1, 730 14 94 50 23 00 25 25 14, 516 40 6 84 29, 500 0 0 6 , 500 0 0 6 , 351 40 305 71 $2 42 , 088 57 T o t a l........................................................... $2 4 2 , 08 8 57 No. 135. THE COMMERCIAL B A N K OF IRON M OUNTAIN. Organized February 1, 1892. Corporate existence extended February 1, 1922. O . C . D a v id s o n , P r e s i d e n t ; W il l i a m K e l l y , E . G . K in g s f o r d , V i c e P r e s i d e n t s ; W il b u r W . T h o m p s o n , C a s h i e r ; F . O . M orett, E . F . San dercock, A s s is t a n t C a s h i e r s ; W arner B j o r k , A u d ito r . D ir e c t o r s .— O . C . D a v i d s o n , C . H . B a x t e r , W i l l i a m K e l l y , W i l b u r W . T h o m p s o n , R a y m o n d T u r n e r , E . G . K i n g s f o r d , M . J . B a c c o , H . G . N e u e n s , F . C . C o le . Statement October 3, 1928. Resources. Loans and discounts: Commercial ............................................ Savings ..................................................... Real estate mortgages: Savings ................................................... Bonds and securities: Commercial .............................................. Savings ..................................................... Due from Federal Reserve bank: Commercial .............................................. Savings ..................................................... Due from banks in reserve cities: Commercial .......................................... Exch. for C. H. and checks bn banks in same place: Commercial .............................................. Total cash on hand: Commercial .............................................. Savings ..................................................... Overdrafts ...................................................... Banking h o u s e .............................................. Furniture and fixtures................................... Other real estate.......................................... Due from banks other than in reserve c it i e s .......................................................... Customers’ bonds left with bank for safe keepin g..................................................... Outside checks, revenue stamps and other cash items ............................................... Stock of Federal Reserve bank................... Other assets ................................................. Total Liabilities. $905, 922 08 59, 853 56 389, 729 00 30, 000 00 659, 010 50 77, 153 69 33, 000 00 221, 883 30 7, 630 93 $ 1 0 0 ,0 0 0 100, 000 3 0 , 30 5 3 , 48 0 82, 94 2, 46, 4, 6, 2, 977 836 728 238 219 053 64 7 3, 618 1, 21 8, 028 00 00 40 00 56 50 00 22 48 82 03 72 30 16 7, 550 00 70, 481 12 2, 000 00 340 51 10, 800 00 5, 000 00 22, 165 05 35, 855 82 167, 550 00 4, 119 73 6, 000 00 187 74 ......................................................... $2, 708, 683 03 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Capital stock paid in ....................................... Surplus fund ...................................................... Undivided profits, net....................................... Dividends unpaid ............................................ Reserved for taxes, interest, depreciation, etc........................................................................ Commercial depositssubjectto c h e c k .... Demand certificates ofdeposit...................... Certified checks ................................................. Cashier’ s checks................................................. Due to other banksand bankers.................... State moneys on deposit.................................. Postal savings deposits.................................... Savings deposits (book account)................ Customers’ bonds left with bank for safe keeping ........................................................... Total $2, 708, 683 03 198 STATE BANKING DEPARTMENT No. 501. THE M IN E R S ' STATE BA N K , IRON RIVER. Organized April 23, 1912. D . H . C a m p b e l l , P r e s i d e n t ; H e r m a n H o l m e s , V i c e P r e s i d e n t ; 6 . L. H a u c k , C larence E . N elson C a sh ie r ; , A s s i s t a n t C a sh ier. D ir e c t o r s .— D . H . C a m p b e ll, H e r m a n H o lm e s , J. P . C o r c o r a n , W . E . C u lver, H . H . F ra ilin g , G eo. M. Cannon, Joe. S e lin . Statement October 3, 1928. Resources. Loans and discounts: Commercial .................................................... Savings ........................................................... Real estate mortgages: Commercial .................................................... Savings ........................................................... Bonds and securities: Commercial .................................................... Savings ......................................................... Due from banks in reserve cities: Commercial ................................................... U. S. Bds. and Cert, of Ind. as legal reserve : Savings dept, only............................................ Exch. for C. H. and checks on banks in same place: Commercial .................................................... Total cash on hand: Commercial .................................................... Savings ........................................................... Banking house ................................................. Furniture and fixtures .................................... Other real estate............................................... Customers' bonds left with bank for safe keeping ........................................................... Accrued interest, receivable (n e t)............. T o t a l........................................................... Liabilities. $2 12 , 03 6 08 20, 284 8 8 5 , 522 99 129, 458 6 8 6 6 , 500 00 14 4, 700 00 20, 472 85 65, 00 0 00 Capital stock paid in ....................................... Surplus fund ...................................................... Undivided profits, net...................................... Reserved for taxes, interest, depreciation, etc....................................................................... Commercial deposits subjectto check. . . Certified checks .......................... ...................... Cashier’ s checks ............................................... Savings deposits (book account).................... Savings certificates of deposit..................... Club savings deposits......................................... Bills payable...................................................... Customers’ bonds left with bank for safe keeping ........................................................... $5 0, 0 0 0 00 25, 00 0 00 8 , 46 8 65 2, 289 29 191, 39 7 95 25 00 14, 130 92 3 7 0 , 05 2 71 9, 084 28 81 2 0 0 4 0 , 00 0 00 15, 01 4 00 7 , 082 6 6 6 , 934 83 2, 19, 6, 5, 00 0 109 570 563 00 00 00 39 15, 014 00 25 44 $7 2 6 , 27 4 80 T o t a l........................................................... $7 2 6 , 274 80 NO. 12. THE PEN IN SU LA BA N K , ISHPEM ING. Organized October 27, 1887. Corporate existence extended October 27, 1917. J o h n K a n d e l in , P r e s i d e n t ; W . S . P ic o t t e , V i c e P r e s i d e n t ; P e t e r H a n d b e r g , C a s h i e r ; R o t Stan sbu ry, J ohn J a a k s i, J. E . L e r e g g e n , A s s is t a n t C a s h ie r s ; J . N . Olso n , A u d it o r . D ir e c t o r s .— O t t o E g e r , T h o s . W . H u g h e s , J o h n K a n d e li n , W . T . P o t t e r , f f m . T r e b ilc o c k , E d . J . B u t le r , A . R . M een, J. N . O ls o n , W . S. P ic o tte . Statement October 3, 1928. Resources. Loans and discounts: Commercial .................................................... Savings ......................................................... Real estate mortgages: Savings ........................................................... Bonds and securities: Commercial .................................................... Savings ........................................................... Due from banks in reserve cities: Commercial .................................................... Savings ........................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only.................................. Exch. for C. H. and checks on banks in same place: Commercial ................................................... Total cash on hand: Commercial .................................................... Savings .......................... ................................. Overdrafts ........................................................... Premium account................................................. Banking h ou se................................................... Due from banks other than in reserve cities ............................................ . ................ Outside checks, revenue stamps and other cash items .................................................... Total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Liabilities. $3 48 , 362 31 56 8, 368 53 17 3, 05 8 97 3 2 4 , 281 71 62 8, 058 13 Capital stock paid in ....................................... Surplus fund ......................................... y* . . Undivided profits, net....................................... Dividends u np aid .................. ........................... Reserved for taxes, interest, depreciation, etc........................................................................ Commercial deposits subject to check.. . . Savings deposits (book account)................ Savings certificates of deposit........................ $100, 100, 106, 1, 000 000 26, 54 6, . 549, 4, 750 677 439 065 00 00 960 97 492 0 0 00 25 86 23 13 5, 955 67 10 0, 289 24 75, 00 0 00 629 33 3 ,2 3 1 25 , 00 0 584 20 8 25 , 00 0 40 00 90 00 00 15, 599 69 11 , 757 43 $2 , 4 3 5 , 3 8 5 81 Total $2 , 4 3 5 , 3 8 5 81 199 STATE BA N K S OF M ICH IG AN No. 150. ITH A C A SAVINGS BA N K , ITH ACA. Organized December 23, 1892. Corporate existence extended December 23, 1922. J o h n C . H i c k S, P r e s i d e n t ; J . L ee P o t t s , V i c e P r e s i d e n t ; L y n n T . M i l l e r , C a s h i e r ; L . W . W o l f , R u s s e l l C. A l l e n , A s s i s t a n t C a s h i e r s . D ir e c t o r s .— J . B . C r a w f o r d , W . M . W e l l e r , J . L e e P o t t s , J o h n C . H i c k s , F . H . M c K a y , A. E. P in n e y , Lynn T. M i ll e r . Statement October 3, 1928. Resources. Liabilities. Loans and discounts: Savings ......................................................... Real estate mortgages: Savings ............................................ ............... Bonds and securities: Savings ............................................................ Due from banks in reserve cities: Savings ........................................................... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only............. ......................... Total cash on hand: Savings ......................................................... Banking house ................................................. Furniture and fixtures.................................... Other real estate............................................. Due from banks other than in reserve cities ................................................................ Outside checks, revenue stamps and other cash items ............................... ....................... Total $144, 566 04 227, 128 51 Capital stock paid in ..................................... Surplus fund ...................................................... Undivided profits, net....................................... Savings deposits (book account).................. Savings certificates of deposit....................... $3 5 , 17, 9, 373, 168, 00 0 500 39 6 115 911 00 00 32 14 67 119, 707 49 19, 37 5 59 55, 0 0 0 0 0 4, 246 15 6 , 000 00 2 , 500 0 0 1 0 , 393 35 15. 0 0 0 0 0 6 00 Total $603, 923 13 $6 03 , 923 13 No. 387. CENTRAL STATE BA N K , JACKSON. Organized July 15, 1907. R ic h a r d P r ic e , P r e s i d e n t ; H a r r is o n J . S m i t h , L e v i R . W e l c o m e , V i c e P r e s i d e n t s ; L o u i s H . L u d y , C a s h i e r ; L eo J . C l a r k e , A s s i s t a n t C a s h i e r . D ir e c t o r s .— L e v i R . W e l c o m e , R ic h a r d P r ic e , W . W . W r i g h t , J . O . G ilb e r t , H a r r i s o n J . S m i t h , J. Leo H a r r in g to n , A n drew W a tt. Statement October 3, 1928. Resources. Loans and discounts: Commercial .................................................... Real estate mortgages: Commercial .................................................... Savings ........................................................... Bonds and securities: Commercial .................................................... Savings ............................................................ Due from Federal Reserve bank: Commercial .................................................... Savings ........................................................... Due from banks in reserve cities: Commercial .................................................... Exch. for C. H. and checks on banks in same place: Commercial .................................................... Total cash on hand: Commercial .................................................... Savings ........................................................... Overdrafts ........................................................... Banking house.................................................... Furniture and fixtures.................................... Other real estate ............................................ Customers’ bonds left with bank for safe keeping ........................................................... Outside checks, revenue stamps and other cash it e m s ...................................................... Stock of Federal Reserve Bank..................... Total Liabilities. $6 2 6 , 138 70 4 1 , 42 4 53 3 1 8 , 651 56 61, 212 50 I l l , 01 2 30 57 , 129 89 21 , 00 0 00 47 , 678 50 5 6 , 780 67 7, 50, 1, 50 , 17, 82 , 2, 716 000 974 00 0 50 0 56 8 $1 0 0 , 00 0 00 26 , 0 0 0 00 4 , 565 35 51 00 12, 000 8 2 3 , 146 857 27 , 445 13, 20 7 387, 6 8 6 74, 765 15, 635 17 , 571 53, 365 00 67 83 76 36 50 99 88 50 22 2 , 800 0 0 38 00 79 00 00 27 80 0 0 0 1, 710 97 3 , 80 0 00 ......................................................... $ 1 , 5 5 9 , 099 06 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Capital stock paid in ....................................... Surplus f u n d ...................................................... Undivided profits, net....................................... Dividends u np aid ............................................ .. Reserved for taxes, interest, depreciation, etc........................................................................ Commercial deposits subject to check.. . . Certified checks ................................................. Cashier’ s checks ............................................... Due to other banks and bankers.................. Savings deposit (book account).................. Savings certificates of deposit........................ Club savings deposits....................................... Notes and bills rediscounted.......................... Bonds sold subject to repurchase.................. Customers’ bonds left with bank for safe keeping ............................................................ Total ......................................................... $ 1 , 5 5 9 , 09 9 06 200 STATE BA N K IN G D EPARTM ENT No. 712. FARM ERS ’ & W O R K IN G M E N ’ S SAVINGS BA N K , JACKSON. Organized February 14, 1924. R o b e r t J . R a m s e y , P r e s i d e n t ; A l e x a n d e r M c D o n a l d , C lau de M. B r o w n , C o r e y T . S p e n c e r , H orace J . G il b e r t , V i c e P r e s i d e n t s ; R a y E . S t e d m a n , C a s h i e r ; H a z e n S . W y b l e , B r u ce D . N o w l in g , A s s i s t a n t C a s h i e r s . D ir e c t o r s .— R o b e r t J . R a m s e y , F l o y d P . D a v i s , H o r a c e J . G ilb e r t , A l e x a n d e r M c D o n a l d , G eo rg e F . O ttm e r, C o rey J . Sp en cer, G . B . P a tte r s o n , J o h n W a lk e r , W m . T . H a r v e y , M . G ro v e H a tc h . C la u d e M. B row n , R a lp h B. W ard , Statement October 3, 1928. Liabilities. Besources. Loans and discounts: Commercial .................................................... Savings ............................................................ Beal estate mortgages: Commercial .................................................... Savings ........................................................... Bonds and securities: Commercial ................................................... Savings ........................................................... Due from banks in reserve cities: Commercial .................................................... Savings ......... ....................................., .......... U. S. Bds. and Cert, of Ind. as legal reserve: Savings dept, only....................................... Exch. for C. H. and checks on banks in same place: Commercial .................................................... Total cash on hand: Commercial .................................................... Savings ........................................................... Overdrafts ........................................................... Banking h ouse.................................................... Furniture and fixtures.................................... Other real estate................................................. Customers’ bonds left with bank for safe keeping ............................................................ Accrued interest, receivable (n e t)............. Other assets ...................................................... T o t a l........................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $1 92 , 994 40 12 0, 892 63 6 , 296 94 12 2, 103 61 10 5, 098 13 3 1 8 , 3 2 5 63 15, 463 49 41, 408 29 Capital stock paid in ....................................... Surplus fund ...................................................... Undivided profits, net....................................... Beserved for taxes, interest, depreciation, etc........................................................................ Commercial deposits subject to check. . . . Demand certificates of deposit.................. ' . . Certified checks ................................................. Cashier’s checks .............................................. Savings deposits (book account)................ Club savings deposits....................................... Customers’ bonds left with bank for safe keeping ............... $100, 000 00 13, 000 00 4, 760 03 3 , 564 18 6, 221 95, 6 6 8 624 551 636, 04 6 25, 522 8, 85 28 91 38 41 52 50 500 00 4, 260 52 7, 04 6 83 9, 00 0 15, 877 244 55 , 00 0 10, 32 1 27 , 923 00 12 07 00 37 36 8 , 500 00 12, 44 5 89 1, 25 7 60 $1 . 07 4 , 459 8 8 T o t a l........................................................... $1 , 07 4 , 459 8 8 201 STATE B A N K S OF M ICHIGAN No. 177. JACKSON CITY B A N K & TRUST COMPANY, JACKSON. Organized January 1, 1865. Reorganized December 26, 1894. Corporate existence extended December 26, 1924. W . M . T h o m p s o n , P r e s i d e n t ; B . R . L a r a w a y , K . L . P o t t e r , P . B . L o o m is , V i c e P r e s i d e n t s ; R . B . W a l k e r , C a s h i e r ; G eorge H . H o w s o n , W . S . B u t t e r f ie l d , L . W . S h e r e r , A s s i s t a n t C a s h i e r s ; H . R . L e s l i e , T r u s t O fficer. D ir e c t o r s .— W . M . T h o m p s o n , P . B . L o o m is , D . G . K i m b a ll , B . R . L a r a w a y , J . W . M i n e r , K . L . P o t t e r . W . A . B u n t i n g , C . W . T i p p y , F . W . G a y , E . A . B a n c k e r , I. M . Dach, G. M . C a rte r. Statement October 3, 1928. Liabilities. Resources. Loans and discounts: Commercial .................................................... $1, 98 9, 765 85 Savings ........................................................... 31 1 , 00 0 00 Real estate mortgages: Commercial .................................................... 19, 592 76 Savings ........................................................... 4 9 2 , 31 0 38 Bonds and securities: 26 3, 419 6 6 Commercial ................................................... Savings ........................................................... 22 3, 549 81 Due from banks in reserve cities: 14 7, 408 6 8 Commercial ................................................... U. S. Bds. and Cert, of Ind. as legal Savings dept, only....................................... Exch. for C. H. and checks on banks in same place: Commercial .................................................... Total cash on hand: Commercial .................................................... Overdrafts ........................................................... Banking house .................................... • .. Furniture and fixtures.................................... Other real e sta te .............................................. Customers’ bonds left with bank for safe keeping ......................................................... Outside checks, revenue stamps and other cash items .................................................... Trust department: Cash and due from banks in reserve cities Total 12 2, 00 0 00 3 9 , 1 5 8 02 85, 587 677 2 0 0 , 000 11 7 , 432 22, 185 89 37 00 29 Capital stock paid in .................................... $2 5 0 , 00 0 Surplus fund ...................................................... 200, 000 Undivided profits, net.................................... 53 , 57 5 Dividends u np aid .............................................. 1, 742 Reserved for taxes, interest, depreciation, 2, 000 etc....................................................................... Commercial deposits subject to check.. . . 2, 23 7 , 815 Demand certificates of deposit..................... 423 Certified checks ................................................. 12 , 068 Cashier’ s checks .............................................. 421 Due to other banks and bankers................ 15, 846 40, 00 0 State moneys on deposit............................... Savings deposits (book account)................ 80 9 , 173 Savings certificates of deposit........................ 3 2 0 , 968 Club savings deposits.................................... 17, 53 0 Bills payable.............................................
@FedFRASER