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Federal Reserve Bank of St. Louis


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Federal Reserve Bank of St. Louis


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Federal Reserve Bank of St. Louis

D EPA RTM EN T O FFICERS

COM M ISSIO NER,

GEO. W. MOOREr
D E PU TY CO M M ISSIO N ER ,

W. DONOVAN.
BA N K E X A M IN E R S .

B. C. JOLLY,
HARMON WENDELL,
ELMER E. FORD,
W. T. BRADFORD,
ALBERT E. MANNING,
CHARLES M. TURNER,

O F F IC IA L A D D R ESS, L A N S IN G , MICHIGAN


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Federal Reserve Bank of St. Louis

COMMISSIONERS OF BANKING OF MICHIGAN

[Under Act 205, 1887.]

THEODORE C. SHERWOOD,
Appointed January 7, 1889; resigned November 7, 1896.
DANIEL B. AINGER,
Appointed November 11, 1896; resigned April 1, 1897.
JOSIAH E. JUST,
Appointed April 1, 1897; died February 19, 1898.
GEORGE L. MALTZ,
Appointed February 26, 1898; term expired January 8, 1903.


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Federal Reserve Bank of St. Louis

GEO. W. MOORE,
Appointed January 8, 1903.


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Federal Reserve Bank of St. Louis

TABLE OF CONTENTS

Page.
Abstracts, comparative, 1889 to 1902, inclusive, state banks.............................................................
xxii
comparative, 1889 to 1903, inclusive, nationalbanks.......................................................
xxvi
of state banks, 1904..................................................................................................................
xxx
of national banks, 1904............................................................................................................
xxxi
total volume of business state and national banks, reports of 1904............................
xxxii
state banks in D etroit..............................................................................................................
xxxiii
national banks in D etroit.......................................................................................................
xxxiv
xx x v
state and national banks in Detroit....................................................... .............................
state and national banks in Grand Rapids............................................. ...........................
xxxvi
xxxvii
state and national banks in Saginaw..........................................
state and national banks in Bay Cities................................................................................ xxxvii
xxxix
state and national banks in Kalamazoo..
xl
state and national banks in Ann Arbor..
xli
state and national banks in Jackson........
xlii
state and national banks in Port H uron.
xliii
state and national banks in Marquette..
xliv
state and national banks in Muskegon. . .
xlv
state banks in Adrian..................................
xlvi
state banks in Benton Harbor..................
xlvii
Banks examined and fees paid.......................................
Capital stock, increase and decrease o f........................
Consolidation of state banks...........................................
Extension of corporate existence..................................
Growth of state banks......................................................
Increase and decrease of capital stock .........................
Insolvent banks..................................................................
List of bank cashiers in Michigan................................. .........................................................................
365
x
New banks.......................................................................... .........................................................................
.........................................................................
xii
Number of depositors..............................................
.........................................................................
xvi
Opinions of attorney general..................................
......................................................>.................
xi
Other amendments to articles of incorporation.
.........................................................................
xii
Receipts and expenses.............................................
.........................................................................
xiii
Reserve cities.............................................................
.........................................................................
xiii
Reports of receivers.
Reports of state banks and trust companies (see index)................... 3 to 265 and 357 to 363 (inclusive)
Reports of national banks (see in d ex).......................................................... 269 to 356 and 364 (inclusive)
Voluntary liquidations.................................................................................
x
A


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Federal Reserve Bank of St. Louis


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Federal Reserve Bank of St. Louis

S T A T E B A N K IN G D E P A R T M E N T
REPORT OF THE COMMISSIONER
STATE OF MICHIGAN,
Banking Department,
Lansing, December 31, 1904.
To the Honorable Aaron T. Bliss, Governor of Michigan:
I
have the honor to submit the sixteenth annual report of this depart­
ment in compliance with the provisions of section 43 of the General Bank­
ing Law of Michigan, as follows:
On the thirty-first day of December the Commissioner of the Banking
Department shall make an annual report to the Governor of the State,
which report shall be published and shall exhibit:
First, A summary of the state and condition of every bank from which
reports have been received during the year, with an abstract of the whole
amount of capital returned by them, the whole amount of their debts and
liabilities, the total amount of means and resources, separating the reports
of such banks and other corporations, and specifying the amount of lawful
money held by banks at the time of their several returns, and such other
information in relation to such banks and corporations as in his judgment
may be required;
Second, A statement of the banks and corporations whose business^ has
been closed during the year, the amount of their resources and liabilities,
and the amount paid to the creditors thereof;
Third, The names and compensation of the clerks employed by him, and
the whole amount of expenses of the banking department during the year;
Fourth, The amount of fees received for the examination of banks, or
other corporations, and fines collected and paid over to the State Treasurer.
In accordance with the provisions of sections 39 and 40 of the General
Banking Law, all of the institutions under the supervision of this depart­
ment have been examined during the year.
At the date of this report, there are two hundred and fifty-seven State
banks, four trust companies and one society for savings under the super­
vision of this department. In the statistics following the number of banks
is given at 248 State banks. This is caused by nine banks commencing busi­
ness subsequent to September 6, the date of last call for report of condition.
Statements showing the financial condition of all State banks and trust
companies, as called for by this department four times during the year, and
in addition thereto reports of the financial condition of the eighty-eight na­
tional banks of the State, are appended; as are also abstracts of the yearly
reports for the past fifteen years, which show the progress and increasing
wealth of the State.


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Federal Reserve Bank of St. Louis

STATE BANKING DEPARTMENT.

X

NEW

B A N K S.

Twenty state banks have been organized during the year.
follows:

They are as

Title.

Location.

Capital.

Commenced
business.

284
285
286
287
288

The W ayland S tate B a n k ..............................
S tate Bank of M errill..................................
The S tate Savings Bank of Caro, M ichigan...........
The Commercial Savings Bank of Caro, Michigan..
The Minden City S tate B a n k ........... .........................

W ayl an d
M errill.
C aro.................
C aro. . . . . . . . .
Minden C ity ...

$20,000
20,000
50.000
35.000
20.000

Jan u ary 1.
F ebruary 15.
May 26.
May 28.
June 1.

289
290
291
292
293

The
The
The
The
The

S tate Savings B ank of U nionville....................
Leelanau County Savings B a n k ........................
S tate Bank of Caledonia..................
S tate Bank of Colem an.......................................
S tate B ank of Fow lerville..............................

U nionville. . . .
S u tto n ’s B ay..
Caledonia. . . . .
Colem an..........
Fow lerville.. . .

20,000
20,000
20,000
20,000
25,000

June 1.
June 1.
June 22.
June 27.
August 10.

294
295
296
297
298

The
The
The
The
The

Farm ers Savings Bank of W hite Pigeon, Mich.
E v a rt Savings B a n k ............................................
M anton S tate B a n k .................................
Frem ont S tate B a n k ............................................
S tate Bank of G ladw in.................... ..............

W hite Pigeon..
E v a r t ...............
M anton ...........
F re m o n t.........
G ladw in..........

20,000
30.000
20.000
25.000
20.000

August 22.
October 1.
October 17.
November 1.
N ovem ber 1.

299
300
301
302
303

The S tate Savings B ank of Escanaba, M ichigan...
The Farm ers and M erchants S tate B a n k ................
The D elton S tate B a n k ...............................................
The Farm ers S tate Bank of A lto ..............................
S tate Savings Bank of C arleton................................

E scan ab a........
L akeview . . . '. .
D elto n .............
A lto ..................
C arleton. .

20.

No.

50.000 ' N ovem ber 21.
25.000
December 9.
000
December 12.
20,000
December 28.
20,000
December 31.

IN SO L V E N T B A N K S.

On July 30, 1904, the Department took possession of the State Bank of
White Pigeon and turned it over to J. Murray Benjamin, of White Pigeon,
who was appointed receiver. It is believed that the depositors will be paid
in full, without resorting to an assessment on the stockholders. This in­
stitution was the only bank to become insolvent during the year.
VO LU N TA RY L IQ U ID A T IO N S.

The City Bank of Dowagiac, by vote of its stockholders April 21, went into
voluntary liquidation, as provided for in section 53 of the Banking law.
On December 22, 1903, the stockholders of the State Bank of Middleville
voted to plane that institution in voluntary liquidation, according to pro­
visions of said section 53, but such liquidation was not sanctioned by the
Department until March 1, 1904.
CON SO LIDATION OF STA TE BAN KS.

According to the provisions of section 54 of the banking law, the follow­
ing consolidations of state banks were consummated during the year:
The Ionia County Savings Bank, Ionia, by a vote of its stockholders May
4, was consolidated with and absorbed by the State Savings Bank, Ionia.
On May 2, 1904, the Mariette State Bank, Mariette, by vote of its stock­
holders was consolidated with and absorbed by the Commercial State Bank.
Mariette.
On June 29, 1904, the stockholders of the Chippewa County Savings Bank,
Sault Ste. Marie, voted to consolidate with and be absorbed by the Central
Savings Bank, Sault Ste. Marie.


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REPORT OF THE COMMISSIONER.

xi

IN C R E A S E AND D E C R E A SE OF CAPITA L STOCK.

During the year 1904, following the law as laid down in section 10 of the
banking act, the banks named below have increased their capital stock:
Alpena County Savings Bank, Alpena, $50,000.00 to $75,000.00.
Waldby & Clay’s State Bank, Adrian, $55,000.00 to $75,000.00.
Commercial State Bank of Mariette, $25,000.00 to $40.000.00.
Central Savings Bank, Sault Ste. Marie, $50,000.00 to $100,000.00.
This is an increase of banking capital of $110,000.00; adding to this amount
the $500,000.00 gain caused by the organization of new banks makes a gross
increase of banking capital of $610,000.00. Deducting from this amount the
$250,000.00 loss of banking capital caused by the consolidation, liquida­
tion, and insolvency of state banks, as heretofore mentioned, a net gain in
capital stock of State banks is shown of $360,000.00.
O T H ER A M EN D M EN TS TO A R T IC L ES OF IN C O R PO R A T IO N .

On April 7, the Monroe County Bank, Dundee, taking advantage of sec­
tion 10 of the banking law, by a vote of its stockholders, amended their orig­
inal articles of incorporation allowing such bank to transact a savings bank
business.
The State Bank of East Jordan by a vote of its stockholders on January
12, 1904, also amended their original articles of incorporation so as to per­
mit of the transaction of a savings bank business, according to said section
10 of the banking law.
E X T E N S IO N OF CORPORATE E X IS T E N C E .

According to the provisions of section 67 of the banking law the Lum­
bermans State Bank, West Bay City, extended its corporate existence for
thirty years from and after January 1, 1905.
GRO W TH OF STA TE B A N K S.

Since the organization of this department, 1889, the increase and growth
of business has been very great. Loans show an increase of $118,039,906.06,
and deposits $128,702,163.50, as will be seen from the following statement:

Resources.

L o an s........................................................
Real estate, furniture and fix tu re s.. .
C ash ...........................................................

T o ta ls...............................................

242 S tate banks,
1 society for
savings, 4 tru st
companies,
Nov. 17, 1903.

80 banks,
Jan. 7, 1889.

248 S tate banks,
1 society for
savings, 4 tru st
com panies,
Sept. 6, 1904.

$30.815,697 13
534,411 76
7,550,661 99

$142,037,073 75
4,403,362 00
32,994,534 58

$148,855,603 19
4,510,842 36
32,567,267 23

$38,900,770 88

$179,434,970 33

$185,933,712 78

Liabilities.
Capital stock paid i n ............................
Surplus fund and undivided p ro fits..
D eposits...................................................
Notes and bills rediscounted...............

$5,519,425
1,818,835
31,284,124
278,385

00
53
39
96

$15,919,551
9,125,683
153,880,451
509,284

$16,111,120
9,527,154
159,986,287
309,150

21
02
91
19
i

T o ta ls...............................................


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Federal Reserve Bank of St. Louis

$38,900,770 88

$179,434,970 33

00
72
89
17

r \
$185,933,1 12 78

xii

STATE BANKING DEPARTMENT.
N U M B E R OF D E PO SIT O R S.

The total number of depositors in the 248 State banks and 88 National
banks on December 1, 1904, was 603,234, as follows:
State banks, individual deposits subject to check..........................
State banks, commercial certificates of deposit..............................
State banks, savings depositors.......................................................
State banks, savings certificates of deposit.....................................
National banks, individual deposits subject to check....................
National banks, certificates of deposit............................................

75,713
37,369
305,346
53,286
58,312
73,208

The following table will show number of commercial depositors and sav­
ings depositors in the 248 State banks and 88 National banks, together with
amount of deposits and average amount to each depositor:
Banks.

Class of
deposit.

Num ber
of de­
positors.

248 S tate b a n k s......................................
88 N ational b a n k s...............................

/ C om m ercial..
\ Savings.........
C om m ercial..

113,082
*358,632
*131,520

$55,295,246 45
99,782,932 96
69,945,810 33

$488 00
279 00
531 00

603,234

$225,023,989 74

$373 00

T o ta ls...............................................

Am ount of
deposits.

Average
to each de­
positor.

*Tliis includes certificates of deposits; several certificates issued to one person counted as one.
R E C E IP T S AND E X P E N S E S OF T H E D E PA R TM EN T.

The fees collected by this department for the examination of banks, ac­
cording to the provisions of section 40 of the general banking law, amounted
to $18,601.37. And there has been turned over to the Secretary of State
for franchise fees on capital stock of new banks and from banks increasing
their capital and extending their corporate existence, $340.00. This amount
together with $18,601.37 examination fees, makes a total of $18,941.37 re­
ceived from banks during the year.
The expenses of the department for the year were as follows:
Salary of Geo. W. Moore, Commissioner....................................
Salary of Wm. Donovan, Deputy Commissioner.......................
Salary of W. T. Bradford, as examiner......................................
Salary of B. C. Jolty, examiner, (resigned October 15, 1904)...
Salary of Harmon Wendell, examiner........................................
Salary of E. E. Ford, examiner...................................................
Salary of Charles M. Turner, examiner.....................................
Salary of A. E. Manning, examiner............................................
Salary of special examiners.........................................................
Salary of F. D. Carleton, clerk (appointed January 1, 1904, re­
signed July 1, 1904)..................................................................
Salary of extra clerks....................................................................
Expenses incurred in examination of banks...............................
Miscellaneous expenses, viz., printing, stationery, postage, etc..
Total................................................. ..............................


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Federal Reserve Bank of St. Louis

$2,500 00
2,000 00
1,700 00
1,344 29
1,700 00
1,700 00
1,700 00
1,500 00
504 40
456
1,000
5,741
1,850

01
99
08
18

$23,696 95


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Federal Reserve Bank of St. Louis

STATE BANKING DEPARTMENT.

X IV

Disposition of collections :
Loans paid and other disbursements
Dividends paid...................................
Legal expenses...................................
All other expenses............................
Receiver’s salary paid to date..........
Deposits and collections returned__
Balance in hands of receiver............

$64,434
1,247,647
32,487
81,059
50,000
56,418
705,967

76
31
14
89
00
38
33
-$2,238,014 81

,

State Bank of Fenton Fenton.

Clarence Tinker, receiver, under date of December 1, 1904, reports as
follows:
liability to depositors at date of suspension, June 14, 1897. . ..
Other liabilities..............................................................................
Total

$88,703 19
14,141 30
$102,844 49

Total assets at date of, and received since suspension.................
Amount collected by receiver to date..........................................
Disposition of collections:
Loans paid........................................
Dividends paid.................................
Legal expenses paid.........................
Receiver’s salary to date.................
All other expenses...........................
Balance in hands of receiver...........

141,757 18
72,775 19

.............
$16,960 65
.............
42,293 62
.............
1,619 42
.............
6,000 00
............. * 5,401 50
.............
500 00
72,775 19

,

The Tawas State Savings Bank East Tawas.

N. C. Hartingh, receiver, under date of December 20, 1904, reports as
follows:
Liability to depositors at date of, and received since suspension
Other liabilities.............................. : .............................................

$11,040 63
28,039 42

Total......................................................................... . ............

$39,080 05

Total assets at date of, and received since suspension...............
Amount collected by receiver to date..........................................

80,581 26
9,086 16

Disposition of collections:
Dividends paid................................................
Legal expenses................................................
Receiver’s salary to d ate................................
All other expenses.......... ................
Balance in hands of receiver.........................


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Federal Reserve Bank of St. Louis

$6,828
513
895
796
52

53
06
00
80
77
$9,086 16

REPORT OF THE COMMISSIONER.

xv

People’s Savings Bank , Mt. Pleasant.

Charles T. Russell, receiver, under date of December 1, 1904, reports as
follows:
Liability to depositors at date of suspension, August 20. 1897. .
Other liabilities..............................................................................

$65,491 80
16,896 90

Total................................................................................\ . . .

$82,388 70

Total assets at date of, and received since suspension.............
Amount collected by receiver to date........................................

236,876 78
123,520 43

Disposition of collections:
Loans paid......................
Dividends paid...............
Legal expenses................
Receiver’s salary to date
All other expenses..........

$80,522 70
30,043 02
1,772 69
8,216 15
2,965 87
--------------

123,520 43

State Bank of White Pigeon.

J. Murray Benjamin, receiver, under date of December 10, 1904, reports
as follows:
Liability to depositors at date of suspension, July 30, 1904. . . . $126,366 89
Other liabilities..............................................................................
1,178 45
Total.................................................................. ....................

$127,545 34

Total assets at date of, and received since suspension.............
Amount collected by receiver to date.........................................

140,680 17
61,619 73

Disposition of collections:
Dividends paid................................................
Legal expenses paid.....................................
Receiver’s salary to date................................
All other expenses...........................................
Balance in hands of StateTreasurer..............
Balance in hands of receiver..........................

$53,642
250
300
450
5,903
1,073

37
00
00
78
39
19
$61,619 73

O P IN IO N OF ATTO R N EY G E N ER A L.

On account of the importance of the subject of excessive loans I deem it
advisable to again publish the construction of section 52 of the banking law
in this regard as submitted to this Department by the Attorney General
in the year 1903:


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Federal Reserve Bank of St. Louis

XVI

STATE BANKING DEPARTMENT.

Lansing, Mich., May 23, 1903.

Hon. George W. Moore, Commissioner of Banking, Lansing, Michigan:
Dear Sir—I am in receipt of your communication of the 19th inst. refer­
ring to the General Banking Law of this State, and requesting my opinion
upon the following questions:
“ First, How much money may the directors of a bank loan to any person
or company, or corporation, or firm, by a two-thirds vote of its board of
directors?
“ Second, Flow much money may any bank loan on any one line of com­
mercial paper?
“ Third, May a bank increase the first named line by the bond or personal
endorsement of the officers or directors of a firm, company or corporation,
or by the assignment of value as collateral ?”
In considering these questions I desire to call your attention to section
6141 of the Compiled Laws, being section 52 of the General Banking Law
of this State, which provides in part as follows: “ The total liabilities to any
bank of any person or of any company, corporation or firm for moneys ad­
vanced, including in the liabilities of the company or firm the liability of
the several members thereof, except special partners, shall at no time ex­
ceed one-tenth part of the amount of the capital and surplus of such bank;
but the discount of bills of exchange drawn in good faith against actually
existing values and the discount of commercial or business paper actually
owned by the person negotiating the same shall not be considered as money
borrowed: Provided however, That the foregoing limitations shall not apply
to loans on real estate or other collateral securities authorized by this act.
Provided, however, That by a two-thirds vote of the directors the liabili­
ties of any bank of any person or company or corporation or firm may be in­
creased to a sum not exceeding one-fifth of the capital and surplus of the
bank.”
It is evident that this limitation was borrowed from the National Bank­
ing Law, section 5200 of the revised statutes of the United States, providing
as follows: “ The total liabilities to any association, or any person, or of any
company, corporation, or firm for money borrowed, including in the liabil­
ities of the company or firm, the liabilities of the several members thereof,
shall at no time exceed one-tenth part of the amount of the capital stock of
such association actually paid in; but the discount of bills of exchange drawn
in good faith against actually existing values, and the discount of commer­
cial or business paper actually owned by the person negotiating the same,
shall not be considered as money borrowed.”
This provision, as found in our General Banking Law and also in the Na­
tional Banking Law, has never been construed by the courts in so far as it
relates to the particular question submitted by you.
The Supreme Court of Pennsylvania, in the case of O’Hare vs. Second
National Bank of Titusville, 77 Pa. St. 102, referring to this provision in
its application to National banks makes use of the following language: “ Evi­
dently the limitation of the indebtedness to the one-tenth in the 29th sec­
tion, was intended as a general rule for conducting the business of the bank;
a rule laid down from experience to regulate its loans for its own best inter­
est and those of stockholders and creditors, not a rule to regulate its cus­
tomers. It was, as remarked in Fowler v. Scully, a regulation to prevent


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Federal Reserve Bank of St. Louis

REPORT OF THE COMMISSIONER.

X V II

these associations from splitting on the rock which has mined so many
banks, to wit, that of lending too much of their capital to one person or firm.
The intention being to protect the association and its stockholders and cred­
itors from unwise banking, we cannot suppose it was meant to injure them
by forbidding recovery of the injudicious loans.”
In Yol. 29 of the Amer. & Eng. Ency. of Law, 2nd eel. p. 382, we find the
following with respect to the limitation found in the National banking law:
“ The object of this provision of the statute was to guard National banks
from the'’hazard of speculative loans, but it contemplated and permitted to
an unlimited amount the discount of paper used and required in facilitating
the transfer of property and money in the transaction of the legitimate busi­
ness of the country.” Citing Oswego Second National Bank v. Burt, 93 N.
Y. 244.
It was evidently the intent of the Legislature in enacting the provision
above referred to, as found in the banking law of this state, to guard the
banks organized thereunder from the hazard of speculative loans, and to pre­
vent such banks from advancing or loaning too much of their money to any
one person, firm or corporation, and in construing the statute with respect
to the exception, it is necessary to keep constantly in mind the purpose of
the limitation, and not to construe the provision relating to the exceptions
therefrom in such a wray as to destroy the force and effect of the limitation
itself. The exceptions to which I-refer relate to the discount of bills of ex­
change drawn in good faith against actually existing values, and the dis­
count of commercial or business paper actually owned by the person nego­
tiating the same, and which in my opinion should be strictly construed and
should be held to apply to no transaction that did not clearly and fully come
within the provisions of the statute in this particular. Black on Interpre­
tation of Laws, 275.
I find that the questions which you submit for my consideration are quite
fully considered in P ratt’s Digest, pages 93-94-95, in their application to
National banks, but I am unable to concur in some of the conclusions reached
which do not seem to be based upon judicial decisions, and which, in my opin­
ion, tend to defeat the very purpose of the limitation. It is an elementary
proposition recognized by the courts with respect to statutory or constitu­
tional inhibitions, that you cannot do indirectly that which you are prohib­
ited from doing directly. In their application to commercial paper, the
terms “ loans” and “ discounts” are synonymous. Amer. & Eng. Ency. of
Law, Yol. 21, 2nd eel. 381. The question who is borrower is not always to
be determined from the position of the parties as they appear on the paper.
The borrower may be the maker or the endorser. Pratt’s Digest, 94. Our
statute provides that in the discount of commercial or business paper actu­
ally owned by the person negotiating the same, it shall not be considered
as money borrowed. The application of this provision, in my opinion, re­
lates exclusively to the person negotiating the paper. The statute contem­
plates that he alone shall be considered as not receiving a loan from the bank.
With respect to the maker of such paper who is primarily liable, if such
maker has received credit at the bank to the full limit imposed by law, the
bank should not be permitted to discount such paper, as in that event the
liability of the maker would exceed the liability permitted by the general
banking law, and if such a transaction should be permitted, it would indi­
rectly defeat the very purpose for which this limitation was imposed.
In determining the questions submitted by you I realize that there may
be some doubt as to the proper construction of these provisions in the ab-


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Federal Reserve Bank of St. Louis

xviii

STATE BANKING DEPARTMENT.

sence of any judicial determination as to their proper meaning. In view of
the fact that the several banks of this state organized under the general bank­
ing law, are subject to state supervision, not only for the protection of the
banks themselves, but for the protection of the persons doing business with
such banks, the laws relating thereto should be construed in such a manner
as to afford such protection in every possible way, until such time as the
courts may determine otherwise.
In answer to your first question, I would therefore say that in my opinion
the amount which the directors of a bank would be authorized to loan to any
person, or company, or corporation, or firm, by a two-thirds vote of its board
of directors, would not exceed one-fifth of the capital and surplus of the bank,
and it would be immaterial whether such loan was secured or unsecured, ex­
cepting, of course, loans on real estate or other collateral securities author­
ized by the general banking law.
In answer to your second question, I would say that the same rule would
apply to any one line of commercial paper that would apply to any one per­
son, company, firm or corporation.
In answer to your third question I would say that in my opinion it is im­
material whether such loan is secured by the bond or personal endorsement
of the officers or directors of the firm company or corporation, or by the
assignment of value as collateral, except where such loan is made upon real
estate or other collateral securities recognized by the general banking law.
In this connection I call your attention to the rule laid down in the Amer. &
Eng. Ency. of Law, Vol. 21, 2nd ed., page 382, to the effect that “ Drafts
may be bona fide bills of exchange drawn upon actual existing values within
the meaning of the statute, though not accompanied by specific bills of lad­
ing in each case. It is sufficient if they are drawn against property previ­
ously consigned and existing either in its original form or in the shape of pro­
ceeds of sales in the hands of the consignees.” This rule, of course, applies
to the federal statute. The state and federal statute being identical in this
particular, unquestionably the same rule would apply to a bank organized
under the general banking law of this State.
Respectfully yours,
Ch a S. A. B l a i r ,
Attorney General.
At the last session of the Legislature, section 39 of the banking law was
amended so as to provide for two examinations of reserve city banks during
the calendar year. I am very much pleased with the results obtained un­
der this amendment and would suggest a further amendment providing for
the examination of all state banks at least twice during the year. In this
connection permit me to state that the Department is very much pleased
with the co-operation it has uniformly received from the bankers of our state,
in their desire to comply with the law.
The question of excessive loans, as defined by the rulings of the Attorney
General, as shown by his letter in another part of this report, has been a
very important one for the consideration of the bankers, and I am pleased to
say that the Attorney General’s interpretation of the law governing this
question which has been closely followed by this Department during the past
two years is now very generally observed. The uniform courtesy with which
our letters of criticism to the banks have been observed and answered and
the hearty co-operation of the executive officers of banks with the represen-


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Federal Reserve Bank of St. Louis

REPORT OF THE COMMISSIONER.

xix

tatives of this Department, is highly appreciated by the Commissioner and
bespeaks the most hearty co-operation of this Department and the banking
interests of Michigan.
It affords me great pleasure at this time to acknowledge the valuable ser­
vices rendered the Department by Deputy Commissioner Wm. Donovan, and
examiners B. C. Jolly, Harmon Wendell, E. E. Ford, W. T. Bradford, Albert
E. Manning, and Charles M. Turner.
Very respectfully,


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Federal Reserve Bank of St. Louis

Commissioner of the Banking Department.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

ABSTRACT OF REPORTS.


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Federal Reserve Bank of St. Louis

STATE BANKING DEPARTMENT,

X X II

COMPARATIVE ABSTRACTS (STATE BANKS).
Comparative abstracts, giving the volume of business as shown by the last reports of
Michigan State banks called for in the years 1889, 1890, 1891, 1892, 1893, 1894, 1895,
1896, 1897, 1898, 1899, 1900, 1901, 1902, 1903, and 1904, as made to the Commissioner of
the Banking Department.

Resources.

Loans and discounts........................

December
11, 1889,
90 banks, 2
trust
companies.

December
19, 1890,
106 banks, 2
trust
companies.

December
2, 1891,
121 banks, 3
trust
companies.

December
9, 1892,
138 banks, 3
trust
companies.

December
19, 1893,
159 banks, 3
trust
companies.

822,624,007 12 $27,628,145 16 130,543,959 76 $38,883,892 66 $32,402,874 53
24,804,367 45

15,645,031 54

18,846,687 08

21,308,913 14|

26,843,183 47

165,315 19

183,645 30

195,618 49

222,549 92

206.537 17

523,466 20

714,313 50

941,191 77

1,274,415 65

1,517,146 91

Other real estate..............................

253,782 59

311,470 52

350,381 69

692,412 41

647,824 20

Expenses and taxes paid.................

276,624 57

266,114 72

307,3S6 48

364,088 85

395,207 14

Interest paid.....................................

210,872 79

217,130 03

145,482 78

271,426 84

352,701 34

Due from banks in reserve cities__

5,182,241 12

5,712,028 27

7,481,885 31

9,435,452 69

7,536,024 09

Due from other banks and bankers..

298,942 90

371,808 02

468,162 59

526,816 22

450,100 31

Exchanges for clearing house..........

200,024 37

152,723 76

319,354 22

306,521 91

246,416 43

Checks and cash items.....................

150,252 88

308,018 92

242,213 13

209,062 16

302,096 21

Nickels and cents.............................

11,720 48

11,047 14

15,030 82

18,382 56

24,102 73

Gold coin..........................................

396,827 00

4S3.504 49

849,656 57

1,039,932 42

1,098,747 47

Stocks, bonds and mortgages..........
Overdrafts........................................
Banking house, furniture and fixtures..............................................

Silver coin.........................................
United States and National bank!
notes..............................................

Totals........................................

171,666 15

167,925 17

215,054 78

293,818 72

259,119 76

1,242,843 00

1,575,817 00

1,807,081 00

2,266,977 00

2,312,851 00

$47,354,277 90 $50,950,395 68 $65,191,972 53 $82,649,533 48 $73,156,116 80

Liabilities.
$9,522,420 00 -$11,109,827 59 $12,311,041 98

Capital stock paid in........................

$7,254,559 10

$8,460,835 00

Surplus fund.....................................

1,132,329 90

1,502,849 44

1,704,248 31

2,124,487 81

2,443,906 07

Gross undivided earnings.................

1,679,925 61

1,912,300 21

2,169,532 72

2,534,015 14

2,639,574 57

Dividends unpaid.............................

2,571 03

6,234 00

2,158 87

5,739 37

18,081 02

Individual deposits...........................

7,879,586 71

9,300,393 00

11,750,841 68

16,948,803 02

14,529,942 04

Certificates of deposit......................

4,452,081 74

6,054,724 25

6,746,187 18

9,632,918 47

6,086,895 92

Savings deposits...............................

23,069,030 20

27,779,138 09

31,186,303 14

37,909,010 12

32,216,007 OS
42,076 74

Certified checks................................

29,987 61

40,450 93

37,541 35

67,981 89

Cashiers’ checks outstanding...........

21,097 57

5,802 67

30,594 71

36,445 82

29,031 78

Due. to banks and bankers...............

809,678 07

1,325,103 37

1,599,224 96

1,869,563 31

1,437,360 49

Notes and bills rediscounted............

386,429 76

517,866 12

391,719 61

279,390 41

054,100 98

Bills payable.....................................

37,000 00

44,700 00

51,200 00

131,349 93

148,037 53

Totals........................................


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Federal Reserve Bank of St. Louis

$47,354,277 90 $56,950,395 68 $65,191,972 53 $82,049,533 48 $73,156,116 80

REPORT OF THE COMMISSIONER,

'

xxiii

Comparative abstracts (State Banks).—Continued.

Resources.

Loans and discounts........................
Stocks, bonds and mortgages..........
Overdrafts........................................
Banking house, furniture and fixtures..............................................

December
19, 1894,
164 banks, 4
trust
companies.

December
13, 1895,
169 banks, 4
trust
companies.

December
17, 1896,
173 banks, 4
trust
companies.

December
15, 1897,
177 banks, 3
trust
companies.

December
1, 1898,
182 banks, 3
trust
companies.

$34,320,138 74 $40,179,933 36| $36,982,440 70 $38,601,949 09 $41,384,075 83
37,453,689 93

26,516,601 07

27,852,301 82

28,451,447 71

31,926,938 07

192,415 39

224,066 95

199,468 95

227,024 36

298,762 48

1,694,992 89

1,758,139 62

1,814,724 74

1,820,639 66

1,906,096 96

882,473 08

1,237,183 41

1,593,803 10

2,054,891 06

Other real estate...............................

719,150 15

Expenses and taxes paid.................

403,575 78

Interest, paid...

312,758 02

•
23,493 99

26,213 98

41,708 51

47,333 15

Due from banks in reserve cities....

9,653,012 05

9,527,910 70

10,689,631 08

14,460,853 39

15,656,008 52
893,192 24

Premiums paid..

Due from other banks and bankers..

361,668 44

392,582 07

481,787 89

837,584 03

Exchanges for clearing house..........

352,725 79

360,473 16

429,334 91

396,454 61

418,372 26

Checks and cash items.....................

213,076 23

377,047 46

285,151 36

295,907 52

341,835 45

Nickels and cents.............................

26,840 53

20,384 28

22,407 73

22,543 68

24,283 58

'Gold coin..........................................

1,683,739 65

2,028,483 58

2,286,076 60

2,273,685 90

2,448,122 25

Silver coin.........................................
United States and National bank
notes..............................................

269,032 24

277,618 80

289,380 11

307,663 09

387,684 17

2,152,421 00

2,065,781 00

2,530,816 00

2,590,180 00

2,754,711 00

Totals........................................

$78,872,148 57 $85,970,689 87 $85,686,065 17 $95,397,535 01 $106,069,058 88

Liabilities.
Capital stock paid in........................

$12,600,820 00 $12,518,117 21 $12,458,275 00 $12,010,200 00 $12,003,600 00

Surplus fund.....................................

2,589,052 49

2,735,755 49

2,876,322 12

2,986,650 27

2,981,382 73

Gross undivided earnings.................

2,698,387 31

*2,112,933 75

*2,042,341 06

*1,927,498 49

*1,958,531 34

Dividends unpaid.............................

17,696 03

23,539 94

14,629 00

16,430 88

8,204 48

Individual deposits...........................

15,476,103 85

16,562,755 06

15,274,265 98

18,025,578 88

20,599,904 56

Certificates of deposit.......................

7,024,676 13

8,364,560 85

7,530,592 54

8,576,587 67

9,782,646 49

Savifigs deposits...............................

35,939,957 25

41,192,483 54

42,055,852 60

48,076,282 71

54,105,981 76

Certified checks................................

65,583 23

85,970 78

140,220 18

67,246 32

111,903 86

Cashiers’ checks outstanding...........

24,974 06

33,828 85

22,834 67

13,771 80

19,723 43

Due to banks and bankers...............

2,007,773 87

1,936,615 12

2,441,456 29

3,647,253 47

4,420,425 42

Notes and bills rediscounted............

354,059 88

359,129 28

273,075 73

36,886 14

51-, 754 81

Bills payable.....................................

73,064 47

45,000 00

32,000 00

13,148 38

25,000 00

Liabilities other than above stated..

Totals........................................

524,200 00

$78,872,148 57 $85,970,689 87 $85,686,065 17 $95,397,535 01 $106,069,058 8S

♦Undivided earnings, less current expenses interest and taxes paid.
D


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Federal Reserve Bank of St. Louis

STATE BANKING DEPARTMENT.

X X IV

Comparative abstracts

December
2, 1899,
187 banks, 3
tru st
companies.

Resources.

9

Loans and d iscounts................................................................................................................

$50,272,936 26

Stocks, bonds and m ortgages .................................................................................................................

43,420,804 26

O v erd ra fts...................................................................................................................................

334,526 17

B anking house, furniture and fix tu res................................................................................

2,075,425 01

O ther real e s ta te .......................................................................................................................

2,032,366 69

Expenses and taxes paid ......................................................................................................
In terest p a id ............................

.................................................................................

Prem ium s p a id .................................................................................................................... : ..

213,747 47

D ue from banks in reserve cities......... ...............................................................................

14,395,138 44

Due from other banks and b an k ers......................................................................................

999,267 91

Exchanges for clearing h o u se................................................................................................

451,809 45

Checks and cash ite m s.............................................................................................................

385,617 28

Nickels and cents.......................................................................................................................

26,844 76

Gold co in ...........................................................................................................................................................

2,782,654 49

Silver co in .........................................................................................................................................................

383,374 38

U nited States and N ational bank n o te s ..........................................................................................

3,016,402 00

T o ta ls ........................................................................................................................................................

$120,790,914 66

Liabilities.
Capital stock paid i n ..................................................................................................................................

$12,262,100 00

Surplus fu n d ....................................................................................................................................................

2,987,971 24

Undivided earnings n e t .............................................................................................................................

2,102,350 42-

Dividends u n p a id ..........................................................................................................................................

11,914 42

Individual dep o sits .....................................................................................................................................

24,522,326 97

Certificates of d ep o sit .................................................................................................................................

12,250,239 67

Savings d ep o sits ............................................................................................................................................

62,660,212 66

..............................................................................................................

66,649 37

Cashiers’ checks o u tstan d in g ..................................................................................................................

83,450 18

Due to banks and b a n k e rs ......................................................................................................................

3,748,526 37

Certified checks...................

Notes and bills rediscounted ..................................................................................................................

14,000 00

Bills p ay ab le ....................................................................................................................................................

81,173 30

Liabilities other than above s ta te d ......................................................................................

T o ta ls .........................................................................................................................................................


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Federal Reserve Bank of St. Louis

$120,790,914 60

REPORT OF THE COMMISSIONER.

XXV

{State Banks).—Concluded.

November
25, 1902,
228 state
banks, 4 tru st
companies,

November
17, 1903,
242 state
banks, 4 tru st
companies,
1 society
for savings.

Septem ber
6, 1904,
248 state
banks, 4 tru st
companies,
1 society
for savings.

December
13, 1900,
192 banks, 3
tru st
companies,

December
10, 1901,
213 banks, 3
tru st
companies,

853,161,024 07

$61,706,112 90

$71,029,727 87

$76,013,937 01

$78,746,336 05

46,495,505 41

55,903,472 79

62,718,889 40

60,317,185 97

68,383,331 90

242,650 61

244,675 75

298,124 85

. 301,921 98

2,245,982 87

2,331,104 32

2,428,779 83

2,747,383 27

2,902,806

2,060,599 30

1,764,547 92

1,740,305 79

1,655,978 73

1,608,035 94

337,043 17

323,505 22

295,373 97

264,608 79

16,304,200 53

19,334,239 13

19,566,876 95

20,455,482 93

1,154,911 42

1,597,714 10

1,818,528 06

1,363,614 21

197,553 07
42

241,162 15
21,137,556

22

1,287,220 02

422,415 20

906,754 45

643,168 60

628,326 98

854,065 78

320,197 45

343,580 67

531,318 02

418,158 14

353,232 19

30,507 54

33,336 21

45,262 35

58,008 16

73,587 98-

3,246,550 00

3,245,496 21

3,634,079 16

3,859,868 27

4,499,431 65

422,770 86

452,093 97

512,225 31

663,741 42

599,619 41

3,514,851 00

4,606,396 11

4,457,448 25

4,686,754 47

5,049,774 00

$129,959,209 43

$152,193,029 75

$169,720,108 41

$179,434,970 33

$185,933,712 78

$12,953,523 85

$16,111,120 00

$14,035,880 00

$14,842,470 00

$15,919,551 21

3 ,065,924 18

3,762,660 91

4,959,893 71

5 ,560,112 18

6,471,703 33

2 ,430,966 72

2,932,193 32

3,251,864 56

3,565,570 84

3,055,451 39

10,178 36

4,929 72

2,876 72

3,511 36

5,291 14

24,840,803 37

29,540,186 91

34,503,984 97

37,280,300 03

38,287,417 40

12,341,536 00

14,664,986 47

16,952,741 46

17,570,185 09

16,679,540 71

69,548,293 05

81,609,318 57

89,278,662 99

93,473,139 78

99,782,932 96

98,418 48

94,652 52

194,520 09

110,395 49

191,493 34

27,222 23

68,734 87

146,271 08

77,541 33

136,795 00

4,481,075 44

5,368,915 27

5,259,834 85

5,365,378 83

4,902,817 34

35,799 00

6,071 19

75,479 88

97,711 15

76,405 96

125,468 75

104,500 00

251,508 10

411,573 04

232,744 21

$129,959,209 43

$152,193,029 75

$169,720,108 41

$179,434,970 33

$185,933,712 78


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Federal Reserve Bank of St. Louis

STATE BANKING DEPARTMENT.

XXVI

COMPARATIVE ABSTRACTS, (NATIONAL BANKS).
Comparative abstracts, showing the volume of business of the national banks of the State from
the last reports called for in the years 1889, 1890, 1891, 1892, 1893, 189Jf, 1895, 1896, 1897,
1898, 1899, 1900, 1901, 1902, 1903, and 1904, as made to and furnished this department
by the comptroller of the currency at Washington.

Resources.

Loans and discounts........................

December
11, 1889,
113 national
banks.

December
19, 1890,
109 national
banks.

December
2, 1891,
106 national
banks.

December
9, 1892,
104 national
banks.

December
19, 1893,
99 national
banks.

$45,860,178 79 $47,527,375 32 $48,424,955 39 $52,752,163 51 $40,783,209 13

Stocks, bonds and mortgages..........

4,716,830 60

4,289,671 45

4,231,798 69

5,623,070 40

Overdrafts........................................

214,415 50

219,314 54

222,506 90

292,210 95

187,479 07

Due from reserve agents..................

5,273,805 17

6,000,383 99

6,942,032 64

8,304,177 63

6,191,185 16

Due from other banks and bankers..
Banking house, furniture and fixtures..............................................

1,417,240 70

1,531,500 83

2,055,712 68

2,457,593 23

1,508,833 10

1,161,347 88

1,175,007 50

1,140,593 47

1,092,330 52

1,058,013 55

Other real estate..............................

696,499 38

807,729 15

654,818 49

597,433 76

523,837 66

Current expenses and taxes paid__

314,041 78

316,798 82

308,899 32

330,626 32

6,945,499 58

Exchanges for clearing house..........

351,040 73

291,486 06

531,466 31

420,011 79

414,646 27

Checks and cash items.....................

206*, 917 13

252,540 59

222,864 76

269,288 40

208,277 54

Cash..................................................

5,352,544 48

5,156,435 60

5,363,033 64

5,337,462 12

5,479,123 70

Due from United States treasurer...

175,937 44

166,537 96

155,501 41

201,723 10

269,208 62

Premiums on United States bonds...

506,812 27

416,961 40

326,649 58

415,932 79

448,743 01

Totals........................................

Liabilities.
Capital stock paid in ........................

$66,051,502 97 $68,35S,341 25 $70,555,261 76 $78,235,686 10 $63,891,477 17

•
$15,674,600 00 $15,539,600 00 $15,244,600 00 $15,034,000 00 $14,584,000 00

Surplus fund.....................................

3,173,932 03

3,332,775 18

3,715,238 33

3,858,283 29

3,769,273 96

Cross undivided earnings.................

2,589,639 53

2,715,207 61

2,359,221 32

2,375,539 99

*1,879,151 51

Dividends unpaid.............................

25,279 32

9,632 59

36,373 86

18,212 61

17,180 18

Individual deposits...........................

35,217,989 08

36,792,399 46

38,500,510 19

42,409,084 23

31,789,116 14

566,999 05

483,927 31

330,558 68

401,760 31

Due to banks and bankers...............

5,857,859 32

6,052,260 90

7,140,938 64

9,946,624 23

6,100,036 83

National bank notes outstanding__

2,853,300 00

2,660,200 00

2,587,020 00

3,281,300 00

4,557,055 00

Notes and bills rediscounted............

658,903 69

689,166 46

462,157 73

466,083 07

426,228 15

100 00

23,000 00

United States deposits.....................

Bills payable.....................................
Liabilities other than those above
stated............................................

Totals........................................

2,274 38

233 06

$66,051,502 97 $68,358,341 25 $70,555,261 76 $78,235,686 10 $63,891,477 17

♦Undivided earnings, less expenses and taxes paid.


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Federal Reserve Bank of St. Louis

367,442 03
516,000 00

REPORT OF THE COMMISSIONER,

XXV11

Comparative abstracts, (National Banks).—Continued.

Resources.

Loans and discounts.........................

December
19, 1894,
96 national
banks.

December
13, 1895,
94 national
banks.

December
17, 1896,
89 national
banks.

December
15, 1897,
82 national
kanks.

December
1, 1898, ■
81 national
banks.

$43,083,288 41 $44,736,533 88 $40,304,416 58 $41,143,927 46 $42,919,871 77

Stocks, bonds and mortgages..........

6,808,219 06

6,795,879 01

6,061,223 33

6,572,265 92

Overdrafts.........................................

191,899 31

184,138 47

174,561 83

169,842 80

220,627 59

Due from reserve agents..................

7,158,187 74

5,697,542 13

8,051,478 98

11,777,125 43

10,816,560 04

Due from other banks and bankers..
Banking house, furniture and fixtures..............................................

2,138,681 61

1,754,960 91

2,145,006 98

3,492,498 90

3,757,850 18

1,057,140 95

1,016,259 30

1,029,048 72

943,880 03

1,019,100 09

Other real estate...............................

556,397 40

690,205 85

796,229 53

880,219 77

1,061,231 36

392,218 02

9,766,446 01

Current expense and taxes paid......
Exchanges for clearing house...........

300,541 92

243,688 09

333,694 76

358,309 99

Checks and cash items.....................

226,913 43

160,616 79

199,702 79

136,857 46

179,112 92

Cash..................................................

5,089,305 10

5,039,661 46

5,333,487 61

5,505,338 94

5,982,621 40

Due from United States treasurer...

240,670 62

236,528 07

231,775 11

209,475 82

234,094 42

Premiums on United States bonds..

430,463 13

414,815 00

375,089 75

365,223 50

465,448 84

Totals........................................

$67,281,708 68 $66,970,828 96 $65,435,775 97 $71,554,966 02 $76,815,182 64

Liabilities.
Capital stock paid in........................

$13,634,000 00 $13,434,000 00 $12,959,000 00 $11,945,000 00 $11,770,000 00

Surplus fund.....................................

3,572,570 99

3,631,010 78

3,418,221 47

3,242,018 09

3,188,318 72

Undivided earnings n et....................

1,803,480 48

1,789,465 90

1,687,088 73

1,394,998 14

1,374,061 73

Dividends unpaid.............................

8,348 50

11,509 58

9,156 46

17,563.29

20,387 30

Individual deposits...........................

34,718,215 02

35,612,374 38

34,391,087 75

39,217,006 25

43,486,965 94

United States deposits.....................

383,962 29

357,750 18

409,961 73

401,136 29

1,255,821 32

Due to banks and bankers...............

8,641,246 57

7,406,212 51

8,260,695 23

11,772,976 46

11,760,185 28
3,958,300 00

National bank notes outstanding__

4,141,997 50

4,202,742 50

4,071,495 00

3,551,767 50

Notes and bills rediscounted............

316,887 33

386,898 33

140,289 20

2,500 00

Bills payable.....................................
Liabilities other than those above
stated............................................

61,000 00

137,500 00

88,400 00

10,000 00

1,364 80

380 40

Totals........................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

1,142 35

$67,281,708 68 $66,970,82S 96 $65,435,775 97 $71,554,966 02 $76,815,182 64

xxviii

STATE BANKING DEPARTMENT.
Comparative abstracts

Resources.

December
2, 1899,
80 national
banks.

Loans and disco u n ts................................

847,581,061 50

Stocks, bonds and m ortgages...............

11,652,043 11

O v erd rafts..................................................

194,788 80

D ue from reserve a g en ts........................

8,671,815 91

D ue from other banks and b a n k e rs. . .

3,647,971 66

B anking house, furniture and fixtures

1,003,999 44

O th er real e s ta te ......................................

1,060,810 20

C urrent expenses and taxes p a id .........
E xchange for clearing h o u se .. . . . . . . .

597,274 04

Checks and cash ite m s............................

240,308 50

C ash.............................................................

6,151,557 96

Due from U nited States tre a su re r___

242,948 86

.Prem ium s on U nited States bonds

453,937 69
881,498,517 67

Totals
Liabilities.
Capital stock paid i n ..............................................

811,440,000 00

Surplus fu n d .............................................................

3,157,388 20

Undivided earnings n e t .........................................

1,563,841 93

Dividends u n p a id ....................................................

17,340 81

Ind iv id u al dep o sits.................................... ............

49,920,532 09

U n ited States d ep o sits................. .........................

1,354,864 72

Due to banks and b a n k e rs...................................

9,738,696 81

N ational b an k notes o u tstan d in g ........ ..............

4,250,300 00

N otes and bills rediscounted................................

23,644 61

Bills p ay ab le.............................................................

27,000 00

Liabilities other th a n those above s ta te d .........

4,908 50

Totals


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

881,498,517 67

REPORT OF THE COMMISSIONER.

X X IX

{National Banks).—Concluded.

December
13, 1900,
85 national
banks.

December
10, 1901,
85 national
banks.

Novem ber
25, 1902,
84 national
banks.

Novem ber
17, 1903,
87 national
banks.

Septem ber
6, 1904,
88 national
banks.

$51,651,236 44

$54,938,142 28

$60,694,986 71

$64,088,225 33

$65,803,150 16

12,318,672 86

14,141,822 34

15,106,385 98

16,331,297 13

16,876,755 37

246,158 27

286,561 65

349,047 07

351,732 17

249,830 11

10,658,399 31

11,231,301 10

10,167,335 72

9,147,612 91

10,991,502 16

3,46 3 ,3 7 4 00

4,058,641 12

3,845,841 49

4,174,213 53

4,414,365 24

1,142,970 99

1,150,952 69

1,300,681 27|

1,363,481 00

1,488,498 28

927,158 12

696,254 41

455,261 67

393,115 75

380,373 53

415,477 92

930,166 52

578,212 52

499,453 75

715,114 06

182,689 83

204,714 74

239,577 39

182,558 75

270,131 43

7,105,053 78

7,358,362 08

6,554,095 31

6,834,835 11

7,553,259 40

308,427 88

336,238 00

326,770 50

378,175 67

399,420 00

203,917 94

228,358 81

356,315 39

311,370 92

255,738 73

$88,623,537 34

$95,561,515 74

$99,974,511 02

$104,056,072 02

$109,398,138 47

$11,578,000 00

$11,548,750 00

$11,380,000 00

$12,530,000 00

$12,730,000 00

3,276,188 20

3,052,638 20

3,416,538 20

3,782,538 20

4,266,688 20

1,850,274 85

2,007,685 64

2,157,217 18

2,454,374 37

2,094,959 00

13,983 81

18,542 81

13,357 81

16,440 61

5,156 93

54,232,091 31

59,593,561 95

63,316,731 07

65,305,659 11

69,945,810 33

1,391,304 19

1,772,959 84

2 ,150,114 62

2,404,832 56

1,712,739 74

11,024,083 47

11,764,875 41

11,611,241 60

10,418,980 57

11,323,976 44

5,160,102 50

5,580,200 00

5,639,200 00

6,774,840 00

7,218,930 00

11,989 72

5,500 00

21,500 00

182,202 70

41,595 90

75,000 00

205,000 00

107,000 00

178,000 00

35,000 00

10,519 29

11,801 89

161,610 54

8,203 90

23,281 93

$88,623,537 34

$95,561,515 74

$99,974,511 02

$104,056,072 02

$109,398,138 47


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

STATE BANKING DEPARTMENT.

XXX

STATE BANKS.
Abstracts of reports made by the State banks of Michigan to the Commissioner of the Banking
Department, the reports being called for on past days unknown to the bank officers, viz:
January 22, March 28, June 9 and September 6, 1904■ For reports of individual State
banks and trust companies see succeeding pages.

Resources.

Report of
Jan. 22,
244 state
banks, 4 trust
companies,
1 society
for savings.

Report of
March 28,
244 state
banks, 4 trust
companies,
1 society
for savings.

Report of
June 9,
247 state
banks, 4 trust
companies,
1 society
for savings.

Report of
Sept. 6.,
248 state
banks, 4 trust
companies,
1 society
for savings.

Loans and discounts...............................................

$04,756,198 37

$76,928,089 75

$77,902,860 68

$78,746,336 05

Bonds, mortgages and securities............................

60,026,452 05

66,659,443 20

67,759,376 95

67,462,511 90

Premiums paid on bonds........................................

256,572 56

253,856 81

250,914 23

241,162 15

Overdrafts...............................................................

252,082 52

231,018 56

251,997 12

197,553 07

Banking house........................................................

2,788,579 53

2,798,064 57

2,841,261 15

2,902,806 42

Other real estate.....................................................
Due from other banks and bankers (not reserve
cities....................................................................

1,674,975 45

1,688,971 43

1,641,850 00

1,008,035 94

742,663 28

943,233 04

815,793 16

760,158 86

Items in transit.......................................................

625,050 77

708,084 62

606,087 57

527,061 16

United States bonds. .............................................

866,580 00

870,580 00

924,200 00

920,820 00

Due from banks in reserve cities............................

21,614,690 61

21,641,441 70

20,552,810 59

21,137,556 22

Exchanges for clearing house.................................

574,397 86

578,091 20

654,467 32

854,065 78

U. S. and National bank currency.........................

5,478,680 25

4,791,615 25

5,416,494 30

5,049,774 00

Gold coin.................................................................

3,984,079 56

4,171,170 46

4,302,484 33

4,499,431 65

Silver coin...............................................................

700,597 57

607,668 46

615,673 13

599,619 41

Nickels and cents....................................................

73,323 22

76,240 53

72,875 50

73,587 98

Checks, cash items and internal revenue account..

368,051 30

290,116 29

336,854 89

353,232 19

$170,782,974 90 $183,237,685 87 $184,946,006 92 $185,933,712 78

Totals...............................................................
Liabilities.

$16,031,811 21

Capital stock paid in ..............................................

$15,990,430 00

$16,023,120 00

$16,111,120 00

Surplus fund...........................................................
Undivided profits, less current expenses, interest
and taxes paid.....................................................

6,136,914 65

6,130,652 92

6,209,118 85

6,471,703 33

2,649,653 92

3,064,009 38

3,335,697 23

3,055,451 39

Dividends unpaid....................................................

23,803 61

4,352 38

6,605 02

5,291 14
38,287,417 40

Commercial deposits subject to check...................

37,769,077 04

37,242,032 58

37,835,158 12

Commercial certificates of deposit.........................

17,342,225 34

17,333,257 19

17,452,876 73

10,679,540 71

5,554,521 34

5,128,646 82

4,902,817 34

163,517 69

139,106 78

191,493 34

81,910 79

84,035 81

81,577 25

136,795 00

Savings deposits......................................................

68,213,169 69

80,933,909 25

80,458,277 19

81,709,866 57

Savings certificates of deposit................................

16,327,504 40

16,422,721 31

17,866,551 18

18,073,066 39

Notes and bills rediscounted..................................

56,011 00

108,697 50

78,281 65

76,405 96

Bills payable...........................................................

291,000 00

205,548 52

330,990 10

232,744 21

5,764,457 58

Due to banks and bankers.....................................

95,435 67

Certified checks................».....................................
Cashier’s checks outstanding..................................

$170,782,974 90 $183,237,685 87 $184,946,006 92 $185,933,712 78

Totals...............................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

1

REPORT OF THE COMMISSIONER.

XXXI

NATIONAL BANKS.
Abstracts of reports made by the national banks of Michigan to the Commissioner of the Bank­
ing Department January 22, March 28, June 9 and September 6, 1904. For reports of
individual national banks see succeeding pages.

Resources.

Report of
Jan. 22,
88 national
banks.

Report of
March 28,
88 national
banks.

Report of
June 9,
88 national
banks.

Report of
Sept. 6,
88 national
banks.

Loans and discounts...............................................

$03,238,384 09

$65,382,342 32

$64,343,109 61

Overdrafts, secured and unsecured........................

303,821 22

302,885 75

273,673 70

249,830 11

U. S. bonds to secure circulation...........................

7,073,800 00

7,191,300 00

7,473,800 00

7,323,800 00

U. S. bonds to secure U. S. deposits......................

2,387,500 00

2,207,500 00

1,912,500 00

1,812,500 00

Other bonds to secure U. S. deposits.....................

$05,803,150 16

232,760 00

U. S. bonds on hand...............................................

246,100 00

207,100 00

258,700 00

495,180 00

Premiums on U. S. bonds......................................

291,129 69

275,322 19

267,314 07

255,738 73

Stocks, securities, etc.............................................

7,090,931 69

6,779,013 22

7,090,421 59

7,245,275 37

Banking house, furniture and fixtures...................

1,390,450 25

1,420,278 39

1,467,016 25

1,488,498 28

Other real estate owned.........................................

391,787 02

376,943 84

372,555 38

380,373 53

Due from National banks (not reserve agents)__

2,8S6,945 18

2,593,210 85

2,773,861 29

2,995,586 43

Due from State banks and bankers......................

1,301,424 46

1,293,299 76

1,171,938 39

1,418,778 81

Due from approved reserve agents........................

11,070,220 60

10,135,713 48

9,908,052 37

10,991,502 16

■Checks and other cash items..................................

166,581 91

223,347 98

165,050 95

270,131 43

Exchanges for clearing house.................................

421,938 91

710,533 51

465,985 95

715,114 06

Notes of other National banks...............................

636,421 00

517,967 00

779,849 00

677,751 00

Fractional paper currency, nickels and cents........

49,775 77

43,968 39

51,942 06

46,685 44

Specie......................................................................

4,333,262 61

4,086,844 85

4,557,344 80

4,517,720 96

Legal tender notes..................................................
Redemption fund with U. S. treasurer (5% of circulation)..................................................................
Due from U. S. treasurer, other than 5% redemption fund..............................................................

2,306,487 00

1,797,383 00

2,520,942 00

2,311,102 00

350,065 50

353,390 00

373,665 00

366,165 00

64,479 50

56,725 34

26,278 00

33,255 00

Totals.............. ...............................................

$106,001,506 40 $105,955,069 87 $106,486,760 41 $109,398,138 47

Liabilities.
Capital stock paid in..............................................

$12,730,000 00

$12,730,000 00

$12,730,000 00

Surplus fund...........................................................

4,219,288 20

4,224,788 20

4,221,188 20

4,266,688 20

Undivided profits less expenses and taxes paid.. ..

1,806,002 14

2,093,319 90

2,263,109 79

2,094,959 00

National bank notes outstanding...........................

6,993,190 00

7,031,730 00

7,343,530 00

7,218,930 00

Due to other National banks.................................

3,248,332 69

3,040,239 17

2,953,413 33

3,178,948 92

Due to State banks and bankers............................

8,430,384 24

8,519,987 99

8,174,597 10

8,145,027 52

$12,730,000 00

Dividends unpaid...................................................

21,057 39

20,784 31

7,662 00

5,156 93

Individual deposits subject to check.....................

65,728,060 63

66,067,243 51

66,847,708 60

69,945,810 33

United States deposits...........................................

2,330,858 41

1,863,822 58

1,588,603 46

1,543,072 65

Deposits of U. S. disbursing officers......................

76,903 68

76,260 75

70,203 04

169,667 09

Notes and bills rediscounted...................................

126,529 47

206,493 46

162,960 44

41,595 90

Bills payable...........................................................

283,400 00

75,400 00

60,000 00

35,000 00

Liabilities other than those above stated..............

7,499 55

5,000 00

63,784 45

23,281 93

Totals...............................................................

E


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$106,001,506 40 $105,955,069 87 $106,486,760 41 $109,398,138 47

STATE BANKING DEPARTMENT.

XXXIL

STATE AND NATIONAL BANKS.
Abstracts showing the total volume of business transacted by the State and national banks and
trust companies of Michigan, as made to the Commissioner of the Banking Department
January 22, March 28, June 9 and September 6, 190j{.

Resources.

Loans and discounts...............................................

Report of
Jan. 22, 244
State banks,
88 national
banks, 4 trust
companies,
1 society
for savings.

Report of
March 28, 244
State banks,
88 national
banks, 4 trust
companies,
1 society
for savings.

Report of
June 9, 247
State banks,
88 national
banks, 4 trust
companies,
1 society
for savings.

Report of
Sept. 6, 248
State banks,
88 national
banks, 4 trust
companies,
1 society
for savings.

«27,994,582 46 $142,310,432 07 $142,245,970 29 $144,549,486 21

Stocks, bonds and mortgages.................................

73,117,383 74

73,438,456 42

74,849.79S 54

Overdrafts...............................................................

555,903 74

533,904 31

525,670 82

74,707,787 27
447,383 18

U. S. bonds to secure circulation...........................

7,073,800 00

7,191,300 00

7,473,800 00

7,323,800 00

U. S. bonds to secure U. S. deposits......................

2,387,500 00

2,207,500 00

1,912,500 00

1,812,500 00

232,760 00

Other bonds to secure U. S. deposits.....................

U. S. bonds on hand. " .........................................

1,112,680 00

1,077,680 00

1,182,900 00

Premiums paid........................................................

547,702 25

529,179 00

518,228 30

496,900 88
4,391,304 70

U

416,000 00

Banking house, furniture and fixtures...................

4,179,029 78

4,218,342 96

4,308,277 40

Other real estate.....................................................

2,066,762 47

2,065,915 27

2,014,411 38

1,988,409 47

Due from other banks and bankers.......................

5,556,083 69

5,537,828 27

5,367,680 41

5,701,585 26
32,129,058 38

Due from banks in reserve cities............................

32,684,911 21

31,777,155 18

30,460,862 96

Checks and other cash items..................................

534,633 21

513,464 27

501,905 84

623,363 62

Exchanges for clearing house.................. ..............

996,336 77

1,288,624 71

1,120,453 27

1,569,179 84

Nickels and cents....................................................

123,098 99

120,208 92

124,817 56

120,273 42

Specie......................................................................

9,017,939 74

8,805,683 77

9,475,502 26

9,616,772 02

U. S. and National bank notes..............................
Redemption fund with U. S. treasurer (5 per cent.
of circulation)......................................................
Due from U. S. treasurer, other than 5 per cent.
redemption fund..................................................

8,421,588 25

7,100,965 25

8,717,285 30

8,038,627 00

350,065 50

353,390 00

373,665 00

366,165 00

64,479 50

56,725 34

26,278 00

33,255 00

Totals...............................................................

$276,784,481 30 $289,192,755 74 $291,432,767 33 $295,331,851 25

Liabilities.
Capital stock paid in..............................................

$28,701,811 21

$28,720,430 00

$28,753,120 00

$28,841,120 00

Surplus fund...........................................................

10,356,202 85

10,355,441 12

10,430,307 05

10,738,391 53

Undivided profits less expenses and taxes paid....

4,455,656 06

5,157,329 28

5,598,807 02

5,150,410 39

National bank notes outstanding...........................

6,993,190 00

7,031,730 00

7,343,530 00

7,218,930 00

Dividends unpaid....................................................

44,861 00

25,136 69

14,267 02

10,448 07

Commercial deposits...............................................

121,016,709 47

120,890,086 78

122,356,427 48

125,241,056 78

Savings deposits......................................................

84,540,674 09

97,356,030 56

98,324,828 37

99,782,932 96

United States deposits............................................

2,407,762 09

1,940,083 33

1,658,806 50

1,712,739 74

Due to banks and bankers.....................................

17,443,174 51

17,114,748 50

16,256,657 25

10,226,793 88

Notes and bills rediscounted..................................

182,540 47

315,190 96

241,242 09

118,001 86

Bills payable ..........................................................

574,400 00

280,948 52

390,990 10

267,744 21

Liabilities other than those above stated..............

7,499 55

5,000 00

63,784 45

23,281 93

Totals...............................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$276,784,481 30 $289,192,755 74 $291,432,767 33 $295,331,851 25

1

xxxiii

REPORT OF THE COMMISSIONER.
DETROIT.
STA TE BA N K S.

Abstracts of the 'published reports of the thirteen State banks, two trust companies and one
society for savings in the city of Detroit, as made to the Commissioner of the Banking De­
partment January 22, March 28, June 9 and September 6, 1904Report of
Jan. 22, 13
State banks,
2 trust
companies,
1 society
for savings.

Report of
March 28, 13
State banks,
2 trust
companies,
1 society
for savings.

Report of
June 9, 13
State banks,
2 trust
companies,
1 society
for savings.

Report of
Sept 6, 13
State banks,
2 trust
companies,
1 society
for savings.

Loans and discounts...............................................

$27,110,904 57

$27,932,749 08

$27,563,057 68

$28,802,783 39

Bonds, mortgages $nd securities............................

33,100,425 54

33,299,156 17

33,961,133 95

32,891,330 90

Premiums paid on bonds........................................

142,217 25

135,968 95

138,365 95

130,652 44

Overdrafts...............................................................

9,636 64

9,696 48

16,062 22

16,386 73

Banking house........................................................

690,064 95

691,791 73

690,625 53

696,865 67

Other real estate.....................................................
Due from other banks and bankers (not reserve
cities....................................................................

1,147,339 23

1,149,411 00

1,102,273 89

1,089,479 41

163,419 14

194,600 82

241,197 93

208,541 61

Items in transit.......................................................

239,097 57

301*, 012 67

313,460 91

276,977 44

'United States bonds...............................................

625,000 00

625,000 00

625,000 00

625,000 00

Due from banks in reserve cities...........................

7,786,016 34

7,895,907 49

7,829,191 93

8,174,750 27

Resources.

Furniture and fixtures............................................

Exchanges for clearing house.................................

378,274 44

374,975 81

433,517 90

526,913 87

U- S. and National bank currency.........................

2,131,328 25

1,615,026 00

1,981,646 00

1,991,933 00

O d d coin.................................................................

2,041,703 10

2,209,120 30

2,177,366 17

2,407,800 54

Silver coin............. -................................................

191,375 89

185,743 25

155,529 80

169,896 03

Nickels and cents....................................................

25,018 16

27,909 31

24,950 00

25,369 84

Checks, cash items and internal revenue account..

155,943 17

101,278 81

131,053 18

116,712 39

Totals...............................................................

$75,937,764 24

$76,749,347 87

$77,384,433 04

$78,151,393 53

Liabilities.
Capital stock paid in..............................................

$5,000,000 00

$5,000,000 00

$5,000,000 00

$5,000,000 00

¡Surplus fund...........................................................
Undivided profits, less current expenses, interest
and taxes paid.....................................................

2;955,000 00

2,955,000 00

2,955,000 00

2,996,500 00

1,138,189 69

1,154,893 97

1,318,310 76

1,306,848 46

Dividends unpaid....................................................

4,902 00

1,580 00

1,625 00

899 92

Commercial deposits subject to check...................

15,004,307 32

14,697,047 74

15,414,003 95

15 ,*768,696 67

4,990,493 38

4,981,171 34

5,140,071 44

5,409,335 59

4,831,311 98

4,669,402 92

4,332,851 80

4,133,178 43

(

54,567 76

124,045 04

104,253 28

163,887 62

.* , \

59,952 66

52,480 82

51,245 23

119,152 60

\39,264,606 51

40,329,892 80

40,333,057 62

40,256,122 82

12,634,432 94

2,763,833 24

2,694,013 96

2,946,771 42

20,000 00

40,000 00

$76,749,347 87

$77,384,433 04

Commercial certificates of depcyfflTTS^'. ■.~'*SV. ,,
Due to banks and bankers.. ^

1 %•

-A . T ”•

Certified checks.................................i . ..................
Cashier’s checks o u t s t a n d i n g ! . i y .^.

V

■

Savings deposits........... j ........................... .............
Savings certificates of dippsi^.+^.y.y.v.. . Q

O L

J

50,000 00

Notes and bills rediscounted... - ..........................r
13ills payable...........................................................
Totals...............................................................
*


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$75,937,764 24

$78,151,393 53

STATE BANKING DEPARTMENT.

X X X IV

DETROIT.
N A T IO N A L B A N K S .

A bstracts of the 'published reports of the five national banks in the city of Detroit, as made to
the Commissioner of the Banking Department, January 22, March 28, June 9 and Sep­
tember 6, 190Jf.
Resources.

Report of
Jan. 22, 5
national banks.

Report of
March 28, 5
national banks.

Report of
June 9, 5
national banks.

Report of
Sept. 6, 5
national banks.

Loans and discounts...............................................

$16,214,597 22

$16,824,258 78

$15,762,202 53

Overdrafts, secured and unsecured........................

5,005 10

3,814 41

1,628 42

$17,038,566 97
4,666 68

U. S. bonds to secure circulation...........................

1,250,000 00

1,300,000 00

1,350,000 00

1,350,000 00

U. S. bonds to secure U. S. deposits......................

900,000 00

750,000 00

675,000 00

U. S. bonds on hand...............................................

130,000 00

130,000 00

205,000 00

675,000 00
N
215,000 00

Premiums on U. S. bonds......................................

92,818 75

79,350 00

74,250 00

73,975 00

Stocks, securities, etc.............................................

1,528,115 07

1,552,388 55

1,725,912 30

1,760,884 12

Banking house, furniture and fixtures...................

33,375 00

33,025 00

33,000 00

32,550 00

Other real estate, and mortgages owned...............

56,071 64

56,071 64

56,071 64

56,071 64
2,055,003 90

Due from National banks (not reserve agents)__

1,984,363 20

1,661,199 58

1,997,337 92

Due from State banks and bankers.......................

448,709 90

418,954 35

384,628 47

422,301 20

Due from approved reserve agents........................

2,989,681 74

2,295,587 41

2,769,127 89

2,973,609 31

Checks and other cash items..................................

26,623 38

30,197 20

22,706 80

42,140 32

Exchanges for clearing house.................................

294,348 66

612,351 29

314,667 13

522,631 00

Notes of other National banks...............................

186,591 00

117,109 00

287,784 00

247,080 00

Fractional paper currency, nickels and cents........

10,806 83

10,460 61

16,512 00

11,933 61

Specie......................................................................

1,331,868 00

1,212,615 75

1,385,581 00

1,535,562 50

Legal tender notes..................................................
Redemption fund with U. S. treasurer (5% of circulation)..................................................................
Due from U. S. treasurer, other than 5% redemption fund..............................................................

1,055,645 00

598,250 00

1,103,217 00

1,159,953 00

62,500 00

64,550 00

67,500 00

67,500 00

42,500 00

20,100 00

10,350 00

18,000 00

Totals...............................................................

$28,643,620 49

$27,770,283 57

$28,242,477 10

$30,262,429 25

Liabilities.
Capital stock paid in..............................................

$4,100,000 00

$4,100,000 00

$4,100,000 00

$4,100,000 00

Surplus fund............................................................

1,114,500 00

1,114,500 00

1,114,500 00

1,115,000 OO

329,529 56

412,828 74

401,769 28

376,382 39

National bank notes outstanding...........................

1,198,900 00

1,230,350 00

1,266,150 00

1,277,100 00

Due to other National banks.................................

2,770,982 15

2,585,652 93

2,558,789 09

2,666,710 24

Due to State banks and bankers..........................

6,219,728 31

6,197,548 78

6,084,634 61

6,267,499 31

Dividends unpaid............................ .......................

1,270 64

140 00

140 00

376 93:

Individual deposits subject to check.....................

11,860,432 24

11,320,187 79

12,043,077 41

13,766,189 16

856,929 59

666,020 86

583,097 10

544,873 01

62,348 00

62,054 47

54,124 65

148,298 21

50,000 00

51,000 00

79,000 00

30,000 00

Undivided profits less expenses and taxes paid—

United States deposits...................................... .
Deposits of U. S. disbursing officers......................

10,000 00

-

26,194 96
Totals...............................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$28,643,620 49

$27,770,283 57

$28,242,477 10

$30,262,429 25.

REPORT OF THE COMMISSIONER.

XXXV

DETROIT.
S T A T E A N D N A T IO N A L B A N K S .

Abstracts of the 'published reports of the thirteen State and five national banks, two trust com­
panies and one society for savings in the city of Detroit, as made to the Commissioner of
the Banking Department, January 22, March 28, June 9 and September 6, 1904■

Resources.

Roans and discounts............................ ................
Stocks, bonds and mortgages.................................
•Overdrafts...............................................................

Report of
Jan. 22, 13
State banks,
5 national
banks, 2 trust
companies,
1 society
for savings.

Report of
March 28, 13
State banks,
5 national
banks, 2 trust
companies,
1 society
for savings.

Report of
June 9, 13
State banks,
5 national
banks, 2 trust
companies,
1 society,
for savings.

Report of
Sept. 6, 13
State banks,
5 national
banks, 2 trust
companies,
1 society
for savings.

$43,325,501 79

$44,757,007 86

$43,325,260 21

$45,841,350 36

34,851,544 72

35,687,046 25

34,652,215 02

13,510 89

17,690 64

21,053 41
1,350,000 00

34,628,540 61
14,641 74

U. S. bonds to secure circulation...........................

1,250,000 00

1,300,000 00

1,350,000 00

TJ. S. bonds to secure U. S. deposits......................

900,000 00

750,000 00

675,000 00

675,000 00

IT. S. bonds on hand...............................................

755,000 00

755,000 00

830,000 00

840,000 00

Premiums paid........................................................

235,036 00

215,318 95

212,615 95

204,627 44

Banking house, furniture and fixtures...................

723,439 95

724,816 73

723,625 53

729,415 67
1,145,551 05

Other real estate ................................................

1,203,410 87

1,205,482 64

1,158,345 53

Due from other banks and bankers.......................

2,835,589 81

2,575,767 42

2,936,625 23

2,962,824 15

10,598,319 82

11,148,359 58

Due from banks in reserve cities............................

10,775,698 08

10,191,494 90

■Checks and other cash items..................................

182,566 55

131,476 01

153,759 98

158,852 71

987,327 10

748,185 03

1,049,544 87

Exchanges for clearing house.................................

672,623 10

Nickels and cents:..................................................

35,824 99

38,369 92

41,462 00

37,303 45

^Specie.....................................................................

3,564,946 99

3,607,479 30

3,718,476 97

4,113,259 07

U. S. and National bank notes..............................

3,373,564 25

2,330,385 00

3,372,647 00

3,398,966 00

62,500 00

64,550 00

67,500 00

67,500 00

42,500 00

20,100 00

10,350 00

18,000 00

Redemption fund with U. S. treasurer (5 per cent.
of circulation)......................................................
Due from U. S. treasurer, other than 5 per cent.
redemption fund.................................................
Totals.................. ........................................

$104,581,384 73 $104,519,631 44 $105,626,910 14 $108,413,822 78

Liabilities.
•Capital stock paid in..............................................

$9,100,000 00

$9,100,000 00

$9,100,000 00

$9,100,000 00

Surplus fund ......................................................

4,069,500 00

4,069,500 00

4,069,500 00

4,111,500 00

Undivided profits less expenses and taxes paid....

1,467,719 25

1,567,722 71

1,720,080 04

1,683,230 85

National bank notes outstanding...........................

1,198,900 00

1,230,350 00

1,266,150 00

1,277,100 00

Dividends unpaid....................................................

6,172 64

1,720 00

1,765 00

1,276 85

Commercial deposits................... . . . . ....................

31,969,753 36

31,174,932 73

32,752,651 31

35,227,261 64

Savings deposits......................................................

41,899,039 45

43,093,726 04

43,027,071 58

43,202,894 24

United States deposits............................................

919,277 59

728,075 33

637,221 75

693,171 22

Due to banks and bankers.....................................

13,822,022 44

13,452,604 63

12,976,275 50

13,067,387 98

50,000 00

51,000 00

79,000 00

50,000 00

50,000 00
50,000 00
26,194 96

Totals...............................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$104,581,384 73 $104,519,631 44 $105,626,910 14 $108,413,822 78

XXXVI

STATE BANKING DEPARTMENT.
GRAND RAPIDS.
S T A T E A N D N A T IO N A L B A N K S .

Abstracts of the 'published reports of the five State and five national banks and one trust com­
pany in the city of Grand Rapids, as made to the Commissioner of the Banking Depart­
ment, September 6, 1904 •

Resources.

Report of 5
State banks,
1 trust
company.

Report of
5 national
banks.

Loans and disco u n ts...............................................................

$5,595,375 00

$10,936,383 91

$16,531,758 91

Stocks, bonds and m ortgages...............................................

3,979,876 28

491,452 36

4,471,328 64

1,465 03

12,067 21

13,532 24

2,000,000 00

2,000,000 00

350,000 00

350,000 00

O v erd ra fts................................................................
U. S. bonds to secure circulation........................................
U. S. bonds to secure U. S. deposits..................................

Total.

U. S. bonds on h a n d ...............................................................

600 00

Prem ium s p a id .........................................................................

23,585 72

94,690 76

118,276 48
468,817 44

600 00

Banking house, furniture and fix tu res...............................

115,817 44

353,000 00

O ther real e s ta te ......................................................................

25,991 10

37,532 63

63,523 73

Due from other banks and b an k ers....................................

55,219 30

554,313 15

609,532 45
2,676,547 29

Due from banks in reserve cities.........................................

1,379,641 61

1,296,905 68

Checks and other cash ite m s................................................

11,102 56

10,953 78

22,056 34

Exchanges for clearing house...............................................

68,168 54

101,679 23

169,847 77

Nickels and c e n ts....................................................................

2,516 91

7,534 59

10,051 50

S pecie.........................................................................................

251,754 00

542,351 97

794,105 97

U. S. and N ational bank n o te s............................................
R edem ption fund w ith U. S. treasurer (5% of circu­
lation) ....................................................................................
Due from U. S. treasurer, other th an 5% redem ption
f u n d ...................................................................

298,138 00

331,848 00

629,986 00

100,000 00

100,000 00

11,000 00

11,000 00

$11,809,251 49

$17,231,713 27

$29,040,964 76

$3,050,000 00

T o ta ls.......................................................

........

Liabilities.
Capital stock paid i n ..............................................................

$850,000 00

$2,200,000 00

Surplus f u n d ................................................................

410,000 00

547 000 00

957,000 00

U ndivided profits less expenses and taxes p a id ..............

159,236 13

384,827 69

544,063 82

2,000,000 00

2,000,000 00

N ational b ank notes o u tstan d in g ........................................
Dividends u n p a id ....................................................................

123 00

1,266 00

1,389 00

Commercial d ep o sits...............................................................

2,761,329 22

10,182,967 47

12,944,296 66

Savings dep o sits......................................................................

7,489,874 49

U nited S tates dep o sits...........................................................
Due to banks and b an k ers....................................................

131,188 65

7,489,874 46
270,000 00

270,000 00

1,645,652 11

1,776,840 76

Notes and bills rediscounted................................................
Bills p ay ab le ....................................................................

7,500 00

7,500 OO

Liabilities other th an those above s ta te d .........................
T o ta ls.................................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$11,809,251 49

$17,231,713 27

$29,040,964 76

REPORT OF THE COMMISSIONER.

xxxvii

SAGINAW.
S T A T E A N D N A T IO N A L B A N K S .

Abstracts of the published reports of the four State and two national banks in the city of Sagi­
naw, as made to the Commissioner of the Banking Department, September 6, 190J,..
Resources.

Report of
4 State
banks.

1

Report of
2 national
banks.

Total.

Loans and disco u nts..................................... .........................

$2,932,915 31

$3,'069,313 72

$6,002,229 03

Stocks, bonds and m ortgages...............................................

2,805,419 35

735,420 00

3,540,839 35

O v erd ra fts.................................................................. ..............

1,036 24

4,404 47

5,440 71

TT ft bonds to secure circu latio n ........................................

300,000 00

300,000 00

XT S bonds to secure, IT. S. deposits..................................

365,000 00

365,000 00

223,040 00

223,040 00

U. S. bonds on h a n d ...............................................................
Prem ium s p a id .........................................................................

23,407 85

2,500 00

25,907 85

B anking house, furniture and fix tu res...............................

102,789 68

55,000 00

157,789 68

O ther real e s ta te ......................................................................

4,953 07

21,200 00

26,153 07

Due from other banks and b an k ers...................................

27,659 63

80,344 76

108,004 39
1,375,248 81

Due from banks in reserve cities.........................................

722,056 17

653,192 64

Checks and other cash ite m s................................................

1,619 79

2,811 00

4,430 79

Exchanges for clearing house...............................................

20,110 51

18,092 05

38,202 50

Nickels and c e n ts....................................................................

2,293 32

1,285 09

3,578 41

S pecie.........................................................................................

176,225 51

270,488 85

446,714 36

U. S. and N ational bank n o te s............................................
Redem ption fund w ith U. S. treasurer (5% of cireu-

191,265 00

69,085 00

260,350 00

15,000 00

15,000 00

$7,011,751 43

$5,886,177 58

$12,897,929 01

Capital stock paid i n ..............................................................

$400,000 00

$300,000 00

$700,000 00

Surplus fu n d .............................................................................

340,000 00

450,000 00

790,000 00

U ndivided profits less expenses and taxes p a id ..............

112,546 46

102,698 50

215,244 95

300,000 00

300,000 00

3,969,815 51

6,308,656 70

Due from U. S. treasurer, other th an 5% redem ption
fund
......................................

T o ta ls.................................................................................
Liabilities.

National bank notes o u tstan d in g ........................................

Commercial dep o sits...............................................................

2,338,841 20

3,672,147 47

3,672,147 47
300,000 00

360,000 00

Due to banks and b a n k e rs....................................................

148,216 30

403,663 57

551,879 87

T o ta ls.................................................................................

$7,011,751 43

$5,886,177 58

$12,897,929 01

United States dep osits...........................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

xxxviii

STATE BANKING DEPARTMENT.
BAY CITIES.
S T A T E A N D N A T IO N A L B A N K S .

• Abstracts of the 'published reports of the five State and two national banks in the Bay Cities,
as made to the Commissioner of the Banking Department, September 6, 1904.
Resources.

Loans and disco u n ts...........................................................
Stocks, bonds and m ortgages...............................................
O v erd ra fts....................................................................

Report of
5 State
banks.

Report of
2 national
banks.

S2.319.475 13

$1,607,885 20

$3,927,360 33

1,103,467 48

187,953 98

1,291,421 46

2,009 74

808 41

2,818 15

125,000 00

125,000 00

U. S. bonds to secure circulation........................................

Total.

U. S. bonds to secure U. S. deposits..................................
U. S. bonds on h a n d ...............................................................

23,720 00

Prem ium s p a id .........................................................................

17.123 29

Banking house, furniture and fix tu res...............................

54,239 92

O ther real' e s ta te .............................................................
Due from other banks and b an k ers....................................
Due from banks in reserve cities....................................

23,720 00
17,123 29
22,500 00

76,739 92

40,730 41

4.000 00

50,730 41

3,890 68

29,400 48

33,297 16

580,512 18

326,449 36

912,961 54

Checks and other cash ite m s................................................

2,154 16

2,174 55

4,328 71

Exchanges for clearing h o u se.............................................

29,955 24

20,395 22

50,350 46

Nickels and c e n ts............................................................
S pecie.....................................................................................
U. S. and N ational bank n o te s......................................
Redem ption fund w ith U. S. treasurer (5% of circu­
lation) .....................................................................................
Due from U. S. treasurer, other th an 5% redem ption
fu n d ........................................................................................

T o ta ls.................................................................................

1,492 51

736 41

2,228 92

95.124 05

84,107 50

179,231 55

108,965 00

40,332 00

209,297 00

6,250 00

6,250 00

1.000 00

1,000 00

$4,454,859 79

$2,458,999 11

$6,913,858 90

$400,000 00

$300,000 00

$700,000 00

142,000 00

125.000 00

267.000 00

36,391 23

74,454 58

110,845 81

125.000 00

125.000 00

1,763,517 29

2,935,938 53

Liabilities.
Capital stock paid i n .................................................
Surplus fu n d .........................................................................
U ndivided profits less expenses and taxes p a id ..............
N ational bank notes o u tstan d in g ........................................
Dividends u n p a id ....................................................................
Commercial dep o sits...............................................................

1,172,421 24

Savings d ep o sits..............................................................

2,634,400 53

2,634,400 53

U nited States dep o sits...........................................................
Due to banks and b a n k e rs....................................................

19,646 79

71,027 24

90,674 03

Notes and bills rediscounted................................................
Bills p ay ab le.............................................................................

50,000 00

50,000 00

Liabilities other th an those above s ta te d .........................

T o ta ls.................................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$4,454,859 79

$2,45S,999 11

$6,913,858 90

REPORT OF THE COMMISSIONER.

X X X IX

KALAMAZOO.
S T A T E A N D N A T IO N A L B A N K S .

Abstracts of the published reports of the three State and four national banks in the city of K ala­
mazoo, as made to the Commissioner of the Banking Department, September 6, 1904Resources.

Report of
3 State
banks.

Report of
4 national
banks.

Total.

L oans and d isco u n ts...............................................................

$1,088,318 70

$3,065,018 06

$4,153,336 76

S tocks, bonds and m ortgages...............................................

562,176 10

426,919 04

989,095 14

O v e rd ra fts.................................................................................

1,055 02

23,817 22

24,872 24

232,000 00

232,000 00

s. bonds on h a n d ...............................................................

26,600 00

26,600 00

Prem ium s p a id .........................................................................

8,530 00

8,530 00

41,900 00

67,025 00
34,365 70

TT ft bonds to secure circulation
TT ft bonds to secure TT. ft. deposits..........................
U.

B anking house, furniture and fix tu res...............................

25,125 00

O th er real e s ta te ......................................................................

4,000 00

30,365 70

Due from other banks and b a n k e rs....................................

4,098 51

55,347 32

59,445 83

Due from banks in reserve c ities.........................................

245,761 75

579,800 95

825,562 70

Checks and other cash ite m s................................................

329 58

10,500 60

10,830 18

Exchanges for clearing h o u se...............................................

17,930 32

32,192 96

50,123 28

Nickels and c e n ts....................................................................

566 45

923 25

1,489 70

S pecie.........................................................................................

40,828 15

120,040 29

160,868 44

U. S. and N ational bank n o te s............................................
R edem ption fund w ith U. S. treasurer (5% of circu­
lation) .....................................................................................
D u e from U. S. treasurer, other th an 5% redem ption
fund
.........................................................................

49,460 00

197,438 00

246,898 00

11,600 00

11,600 00

2 50

2 50

T o ta ls.................................................................................

$2,039,649 58

$4,862,995 89

$6,902,645 47

C apital stock paid i n ..............................................................

$200,000 00

$450,000 00

$650,000 00

S urplus fu n d .............................................................................

110,000 00

307,500 00

417,500 00

Undivided profits less expenses and taxes p a id ..............

21,095 79

100,771 59

121,867 38

227,450 00

227,450 00

Liabilities.

N ational bank notes outstanding1.................................
Dividends u n p a id ....................................................................

524 00

524 00

Commercial dep o sits...............................................................

585,560 13

3,776,750 30

4,362,310 43

fta.vings dep o sits.......................................................................

1,006,481 58

1,006,481 58

D ue to banks and b a n k e rs....................................................

116,512 08

116,512 08

T o ta ls.................................................................................

$2,039,649 58

F


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$4,862,995 89.

$6,902,645 47

xl

STATE BANKING DEPARTMENT.
ANN ARBOR.
S T A T E A N D N A T IO N A L B A N K S .

Abstracts of the 'published reports of the three State and one national bank in the city of Ann
Arbor, as made to the Commissioner of the Banking Department, September 6, 1904.
Resources.

Loans and disco u n ts..........................................
Stocks, bonds and m ortgages..............................
O v erd ra fts...............................................

Report of
3 State
banks.

Report of
1 national
bank.

Total.

$1,264,022 22

$339,491 77

$1,603,513 99

1,934,447 86

56,588 60

1,991,036 46

4,735 36

10,754 07

15,489 43

25,000 00

25,000 00

U. S. bonds to secure circulation................................
U. S. bonds to secure U. S. deposits................................
U. S. bonds on h a n d ......................................................
Prem ium s p a id . '........................................

21,780 00

21,780 00

8,845 66

900 00

9,745 66

Banking house, furniture and fix tu res..........................

97,917 32

16,000 00

113,917 32

O ther real e s ta te ....................................

46,802 71

Due from other banks and b a n k e rs.............................

11,521 72

10,035 91

21,557 63

254,776 08

34,454 05

289,230 73

Checks and other cash ite m s......................

1,012 23

429 33

1,441 56

E xchanges for clearing h o u se...............................................

3,307 52

870 46

4,177 98

D ue from banks in reserve cities.....................

46,802 71.

Nickels and c e n ts...................................................

1,125 42

374 99

1,500 41

S pecie........................................................................

111,273 95

18,003 95

129,277 90

81,754 00

14,522 00

96,276 00

1,250 00

1,250 00

13,843,322 65

$528,675 13

$4,371,997 78

$150,000 00

$100,000 00

$250,000 00

220,000 00

20,000 00

240,000 00

79,437 59

26,848 39

106,285 98-

25,000 00

25,000 00

U. S. and N ational bank n o te s......................................
R edem ption fund w ith U. S. treasurer (5% of circu­
lation) ..............................................
Due from U. S. treasurer, other th a n 5% redem ption
f u n d .........................................

T o ta ls.........................................................................

Liabilities.
Capital stock paid i n ..............................................................
Surplus f u n d ...............................................
Undivided profits less expenses and taxes p a id ..............
National bank notes o u tstan d in g ........................................
Dividends u n p a id ...................................................

452 00

180 00

632 00

Commercial dep o sits...............................................................

707,294 74

353,380 24

1,060,674 98

Savings d ep o sits......................................................................

2,641,784 45

2,641,784 45-

U nited States dep o sits...........................................................
Due to banks and b a n k e rs....................................................

44,353 87

3,266 50

47,620 37

$3,843,322 65

$52*8,675 13

$4,371,997 78-

Notes and bills rediscounted................................................
Bills p ay ab le.............................................................................
Liabilities o th er th an those above s ta te d .........................

T o ta ls.................................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

xli

REPORT OF THE COMMISSIONER.
JACKSON.
S T A T E A N D N A T IO N A L B A N K S .

Abstracts of the 'published reports of the three State and one national bank in the city of Jackson, as made to the Commissioner of the Banking Department, September 6, 1904•
Resources.

Report of
3 State
banks.

Loans and disco u n ts...............................................................

$1,751,616 98

$569,752 65

$2,321,369 63

Stocks, bonds and m ortgages...............................................

812,720 40

96.801 36

909,521 76

O v erd ra fts.................................................................................

17,585 11

22.801 29

40,386 40

25,000 00

25,000 00

IT. ft. b o n d s to soon re e ire u la tio n ............................................

Report of
1 national
bank.

Total.

TT ft b o n d s on han d

1,000 00

1,000,00

Banking house, fu rn iture and fix tu res...............................

73,000 00

2,000 00

75,000 00

O ther real e s ta te ......................................................................

50,049 85

15,544 78

65,594 63

Due from other banks and b an k ers....................................

51,160 30

6,669 66

57,829 96

Due from banks in reserve cities.........................................

618,281 93

108,038 12

726,320 05

Checks and other cash ite m s................................................

5,332 38

814 54

6,146 92

52,177 78

14,538 84

66,716 62-

Prem ium s p a id .................................................................. ..

Exchanges for clearing h ouse...............................................
Nickels and c e n ts....................................................................

805 07

290 66

1,095 73

S pecie.........................................................................................

83,020 60

43,914 30

126,934 90

U. S. and N ational bank n o te s............................................
Redem ption fund w ith U. S. treasurer (5% of circula tio n ).....................................................................................
Due from U. S. treasurer, other th an 5 % redem ption
fund

89,838 00

30,338 00

120,176 00

1,250 00

1,250 00

$3,605,588 40

$938,754 20

$4,544,342 60

$350,000 00

$100,000 00

$450,000 00

150,000 00

20,188 20

170,188 20

97,862 21

30,652 51

128,514 72

25,000 00

25,000 00

T o ta ls.................................................................................
Liabilities.
Capital stock paid i n ..............................................................
Surplus fu n d ...................................................................
Undivided profits less expenses and taxes p a id ..............
N a tio n a l b a n k n o te s o u ts ta n d in g ’ ........................................

762,913 49

. 1,871,374 09

Commercial dep o sits...............................................................

1,108,460 60

Savings dep o sits.......................................................................

1,867,952 91

1,867,952 91

"Due to b a n k s a,nd b a n k e r s ....................................................

31,312 68

31,312 68

T o ta ls.................................................................................

$3,605,588^40


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$938,754 20

$4,544,342 60

xlii

STATE BANKING DEPARTMENT.
PORT HURON.
S T A T E A N D N A T IO N A L B A N K S .

Abstracts of the published reports of the three State and one national bank in the city of Port
Huron, as made to the Commissioner of the Banking Department, September 6, 1904Resources.

Report of
3 State
banks.

Loans and disco u n ts...............................................................

Report of
1 national
bank.

Total.

$1,681,636 58

$764,050 74

$2,445,687 32

S tocks, bonds and m ortgages...............................................

723,507 09

136,570 00

860,077 09

O v e rd ra fts..................................................................................

8,378 21

611 02

8,989 23

LT. S. bonds to secure circulation.........................................

145,000 00

145,000 00

U. S. bonds to secure U. S. deposits..................................

40,000 00

40,000 00

55,671 90

115,771 90

U. S. bonds on h a n d ...............................................................
P rem ium s p a id .........................................................................
R anking house, furniture and fix tu res...............................

60,100 00

O th er real e s ta te ......................................................................

25,274 34

Due from other banks and b an k ers....................................

31,296 05

7,077 74

38,373 79

D ue from banks in reserve cities.........................................

322,572 49

153,549 58

476,122 07

24,097 42

31,708 15

25,274 34

Checks and other cash ite m s................................................

7,610 73

Exchanges for clearing h o u se...............................................

17,768 35

Nickels and c e n ts.....................................................................

1,572 30

403 43

1,975 73

S pecie..........................................................................................

54,387 70

21,802 05

76,189 75

U. S. and N ational bank n o te s............................................
R edem ption fund w ith U. S. treasurer (5% of circu­
lation) .....................................................................................
D ue from U. S. treasurer, other th a n 5% redem ption
fu n d ........................................................................................

53,419 00

28,264 00

81,683 00

7,250 00

7,250 00

$2,987,522 84

$1,384,347 88

$4,371,870 72

C apital stock paid i n ..............................................................

$250,000 00

$150,000 00

$400,000 00

Surplus fu n d .............................................................................

95,000 00

50,000 00

145.000 00

U ndivided.profits less expenses and taxes p a id ..............

119,269 28

22,096 55

141,365 83

145,000 00

145.000 00

951,213 92

2,122,819 77

T o ta ls.................................................................................

17,768 35

Liabilities.

N ational bank notes o u tstan d in g ........................................
Dividends u n p a id ....................................................................

200 00

Commercial dep o sits...............................................................

1,171,605 85

Savings d ep o sits.......................................................................

1,313,517 49

U nited States dep o sits...........................................................
D ue to banks and b an k ers....................................................

200 00

1,313,517 49
40,000 00

37,930 22

26,037 41

40,000 00
63,967 63

N otes and bills rediscounted................................................
Bills p ay ab le.............................................................................
Liabilities other th an those above s ta te d .........................

T o ta ls.................................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$2,987,522 84

$1,384,347 88

$4,371,870 72

xliii

REPORT OF THE COMMISSIONER.
MARQUETTE.
S T A T E A N D N A T IO N A L B A N K S .

Abstracts of the published reports of the one State and two national banks in the city of M ar­
quette, as made to the Commissioner of the Banking Department, September 6, 1904.
Resources.

Report of
1 State
bank.

Report of
2 national
banks.

Total.

Loans and disco u n ts.................................

5400,300 78

$1,400,917 33

$1,801,218 11

Stocks, bonds and m ortgages.................

106,406 09

153,510 00

259,916 09

O v erd rafts................................................. .

1,808 35

924 90

2,733 25

U. S. bonds to secure circulation........

225,000 00

225,000 00

U. S. bonds to secure U. S. d e p o s its ..

50,000 00

50,000 00

U. S. bonds on h a n d ...............................

12,500 00

12,500 00

Prem ium s p a id .........................................

3,000 00

3.000 00

76,867 38

134,559 98

B anking house, furniture and fixtures.

57,692 60

O ther real e s ta te ......................................

4,000 00

Due from other banks and b a n k e rs...

3,715 32

45,722 21

49,437 53

Due from banks in reserve cities..........

90,554 97

223,729 16

314,284 18

Checks and other cash ite m s................

302 89

4,750 82

5,053 71

Exchanges for clearing h o u se...............

2,357 51

Nipkels and c e n ts.....................................

72 01

274 81

346 82

Specie................... ......................................

21,193 55

77,579 75

98,773 30

U. S. and N ational bank n o te s....................................
R edem ption fund w ith U. S. treasurer (5% of circu­
lation) ......................................................... • • . . . . . . • • • •
Due from U. S. treasu rer, other th an 5% redem ption
f u n d .........................................................................................

19,090 00

41,161 00

60,251 00

11,250 00

11,250 00

$707,494 07

2,327,187 36

3,034,681 43

Capital stock paid i n ...............................................

$100,000 00

$250,000 00

$350,000 00

Surplus fu n d ..............................................................

10,000 00

62,000 00

72,000 00

3,401 51

23,704 12

27,105 63

224,995 00

224,995 00

T o ta ls.

4.000 OO

2,357 51

Liabilities.

U ndivided profits less expenses and taxes p a id .
N ational b ank notes o u tstan d in g .........................
Dividends u n p a id .....................................................
Commercial d ep o sits................................................

353,304 33

Savings deposits'.......................................................

238,732 59

90 00
2,053,013 85
238,732 59

47,863 02

47,863 02

2,055 64

18,825 70

20,881 34:

$707,494 07

$2,327,187 36

,034,681 43

U nited States dep o sits............................................
Due to banks and b a n k e rs.....................................

90 00
1,699,709 52

Notes and bills rediscounted.................................
Bills p ay ab le..............................................................
Liabilities o th er th an those above s ta te d ...........

T o ta ls.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

xliv

STATE BANKING DEPARTMENT.
MUSKEGON.
S T A T E A N D N A T IO N A L B A N K S .

Abstracts of the published reports of the one State and three national banks in the city of Mus
kegon, as made to the Commissioner of the Banking Department, September 6, 19o\..
Resources.

Loans and disco u n ts...........................................................

Report of
1 State
bank.

Report of
3 national
banks.

Total.

$228,285 41

$1,722,889 61

$1,951,175 02

230,252 84

155,872 02

386,124 86

1,081 04

12,165 84

13,246 88

U. S. bonds to secure circulation ........................................

75.000 00

75.000 00

U. S. bonds to secure U. S. deposits..................................

40.000 00

40.000 00

Stocks, bonds and m ortgages......................................
O v erd ra fts..................................................................

U. S. bonds on h a n d ......................................................
P rem ium s p a id ................................................................

8,378 00

3,665 63

12,043 63

Banking house, furniture and fix tu res.............................

3,000 00

59,886 84

62,886 84

O th er real e s ta te ...........................................................

26,495 01

7,789 71

18,705 30

D ue from other banks and b a n k e rs....................................

300 00

16,715 83

17,015 83

D ue from banks in reserve cities.........................................

52,358 72

137,157 53

189,516 25

305 55

32,877 26

33,182 81

2,330 04

2,819 11

Checks and other cash ite m s............................................
Exchanges for clearing h o u se...............................................
Nickels and c e n ts..................................................................
S pecie.....................................................................................
TJ. S. and N ational b ank n o te s..........................................
R edem ption fund w ith U. S. treasurer (5% of circu­
lation) ........................................................................
D u e from TJ. S. treasurer, other th an 5% redem ption
f u n d ................................................................................

T o ta ls....................................................................

1,185 40
489 07

1,185 40

9,339 00

92,407 35

101,746 35

27,943 00

82,896 00

110,839 00

3,750 00

3,750 00

$570,707 74

$2,456,319 25

$3,027,026 99

$50,000 00

$300,000 00

$350,000 00

10,000 00

100,000 00

110,000 00

6,402 31

68,942 13

75,344 44

74,997 50

74,997 50

Liabilities.
Capital stock paid i n .............................................
Surplus fu n d ................................................................
Undivided profits less expenses and taxes p a id ..............
N ational bank notes o u tstan d in g .........................
Dividends u n p a id .......................................................
Commercial d ep o sits.......................................................

126,515 17

Savings dep o sits..............................................................

377,790 26

60 00

60 00

1,854,412 29

1,980,927 46
377,790 26

U nited S tates d ep o sits...........................................................

40,000 00

40,000 00

Due to banks and b a n k e rs..................................................

9,407 33

9,407 33

8,500 00

8,500 00

$2,456,319 25

$3,027,026 99

Notes and bills rediscounted................................................
Bills p a y ab le............................................................
Liabilities o th er th an those above s ta te d .........................
T o ta ls.................................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$570,707 74

REPORT OF THE COMMISSIONER.

xlv

ADRIAN.
STA TE BA N K S.

Abstracts of the published reports of the four State banks in the city of Adrian as made to the
Commissioner of the Banking Department, September 6, 190Jf.
Resources.

R eport of
4 S tate
banks.

Loans and disco u n ts...................................................................................................................

$1,247,333 00

Stocks, bonds and m ortgages..................................................................................................

1,500,162 05

O v e rd ra fts.............................. '................. ..................................................................................

90 23

U. S. bonds to secure circulation............................................................................................
U. S. bonds to secure U. S. deposits......................................................................................
U. S. bonds on h a n d ...................................................................................................................
Prem ium s p a id ............................................................................................................................

10 00

B anking house, furniture and fix tu res..................................................................................

38,050 81

O ther real e s ta te .........................................................................................................................
Due from o th er banks and b an k ers.......................................................................................

8,439 71

Due from banks in reserve cities............................................................................................

329,683 18

Checks and other cash ite m s...................................................................................................

1,169 65

Exchanges for clearing h o u se..................................................................................................

2,542 61

Nickels and c e n ts.................... \ .................................................................................................

794 19

S pecie.............................................................................................................................................

49,148 00

U. S. and N ational bank n o te s................................................................................................

88,818 00

Redem ption fund w ith U. S. treasurer (5% of circulation)............................................
Due from U. S. treasurer, other th an 5% redem ption fu n d ............................................

T o ta ls.....................................................................................................................................

$3,266,241 43

Liabilities.
C apital stock paid i n ..................................................................................................................

$345,000 00

S urplus fu n d .................................................................................................................................

80,500 00

U ndivided profits less expenses and taxes p a id ..................................................................

40,135 46

N ational bank notes o u tstan d in g ...........................................................................................
Dividends u n p a id ........................................................................................................................
Commercial dep o sits...................................................................................................................

457,274 30

Savings dep o sits..........................................................................................................................

2,340,953 05

U nited States dep o sits...................................................................................................... ..
Due to banks and b an k ers.......................................................................................................

2,378 62

N otes and bills red iscounted....................................................................................................
Bills payable.................................................................................................................................
Liabilities other th an those above sta te d .............................................................................

T o ta ls.....................................................................................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$3,266,241 43

STATE BANKING DEPARTMENT.

xlvi

BENTON HARBOR.
STATE BA NK S.

Abstracts of the 'published reports of the two State banks in the city of Benton Harbor as madeto the Commissioner of the Banking Department, September 6, 190Jf.
Resources.

R eport of
2 S tate
banks.

Loans and discounts...........................

$762,513 19

Stocks, bonds and m ortgages...........

156,999 77

O v erd rafts........................ .....................

1,499 84

U. S. bonds to secure circulation. . .
U. S. bonds to secure U. S. deposits
U. S. bonds on h a n d ...............................

13,700 09

Prem ium s p a id ..........................................

1,246 84

Banking house, furniture and fixtures

16,000 00

O ther real e s ta te ......................................

8,250 00

Due from other banks and b an k ers. . .

12,237 64

Due from banks in reserve cities.........

517,204 92

Checks and other cash ite m s.................

968 05

Exchanges for clearing house...............

7,793 06

Nickels and c e n ts.....................................

1,063 39

S pecie..........................................................

43,885 25

U. S. and N ational b ank n o te s.............

80,013 09

R edem ption fund w ith U. S. treasurer (5% of circulation),
Due from U. S. treasurer, other th an 5% redem ption fund

Totals

$1,623,374 95
Liabilities.

Capital stock paid i n ...............................................

$175,000 09

S urplus fu n d .............................................................

66,500 00

U ndivided profits less expenses and taxes paid

22,084 77

N ational b an k notes o u tstanding'...................... .
Dividends u n p a id .....................................................
Commercial dep o sits.............................................. .

784,965 34

Savings d eposits........................................................

455,356 18

U nited States d eposits.............................................
Due to banks and b an k ers.....................................

119,468 66-

N otes and bills rediscounted..................................
Bills p ay ab le ..............................................................
Liabilities o th er th a n those above s ta te d ..........
Totals


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$1,623,374 95

REPORT OF THE COMMISSIONER.

xlvii

The following is a list of banks examined and the amount paid by each, as required by section
Jf.0 of the general banking law.
No.

D ate of ex­
am ination.

Am ount
paid.

Nam e of bank.

Location.

162

A drian S tate Sayings B a n k ................................

A d rian ...........................

May 16. .

$117 81

89

The Commercial Savings B a n k .......... ..............

A d rian ............................

Mar. 28. .

65 20

66

Lenawee County Savings B a n k ........................

A d rian ............................

May 1 9 ..

74 00

171

W aldby & Clay’s S tate B a n k ............................

A d rian ....................... .-.

Mar. 29. .

78 76

179

Albion S tate B a n k ................................................

A lbion......................

May

167

Commercial and Savings B a n k .........................

A lbion............................

April 30

3 .

27 37
27 03

233

First S tate B ank of A lm a...................................

A lm a...............................

232

The Alma S tate Savings B a n k ..........................

A lm a...............................

Mar. 14. .

15 92

169

Alpena County Savings B a n k ............................

A lpena...........................

Nov. 28. .

65 06

27 99

302

Farm ers S tate B a n k .............................................

A lto.................................

Dec. 28. .

10 00

48

Ann Arbor Savings B a n k ...................................

Ann A rb o r....................

June 1 3 ..

212 50

26

Farm ers and Mechanics’ B a n k ..........................

Ann A rbor....................

July 1 1 ..

96 31

144

S tate Savings B a n k ..............................................

Ann A rbor....................

Feb.

1 ..

80 00

228

Arm ada Savings B a n k ........................................

A rm ad a.........................

Oct. 1 1 ..

20 03

213

Athens S tate and Savings B a n k .......................

Athens'............................

May

4 ..

14 98

236

S tate Bank of F rank W. H ubbard & Co........'

Bad A xe........................

April 26. .

24 71

237

S tate Savings Bank of Bad A xe.......................

Bad A xe..................

April 28. .

19 32

62

W est Michigan Savings B a n k ............................

B angor......................... .

Sept. 12. .

27 63
136 15

93

City B a n k ...............................................................

B attle C reek.................

July 18. .

178

M erchants’ Savings B a n k ...................................

B attle C reek.................

Mar.

9. .

67 39

63

Bay City B a n k ......................................................

Bay C ity ........................

April 26. .

202 03

43

Bay County Savings B a n k .................................

Bay C ity........................

May 23. .

85 91

30

Commercial B a n k .................................................

Bay C ity ........................

April 25. .

65 93

2

Belding Savings B a n k .........................................

B elding...........................

Mar. 1 5 ..

21 72

159

People’s Savings B a n k ........................................

B elding...........................

Mar. 1 4 ..

34 18

219

B enton H arbor S tate B a n k ................................

B enton H a rb o r............

April 4. .

35 72

76

Farm ers and M erchants’ B a n k ..........................

B enton H a rb o r............

April 6. .

114 81

259

Big Rapids Savings B a n k ...................................

Big R a p id s....................

Aug.

9. .

15 06

248

Citizens’ S tate B a n k ............................................

Big R a p id s....................

Aug.

8. .

38 55

163

Blissfield S tate B a n k ...........................................

Blissfield........................

Mar. 31. .

32 64

221

Jipson-C arter S tate B a n k ...................................

Blissfield........................

Mar. 30. .

27 07

256

Boyne City S tate B a n k .......................................

Boyne C ity ....................

July 3 0 ..

12 91

187

F irst S tate Savings B a n k ...................................

B reckenridge................

Nov.

2. .

11 00

216

Brown City Savings B a n k ..................................

Brown C ity ...................

June

7 ..

12 75

253

Citizens’ S tate Savings B a n k .............................

Brown C ity...................

June

6 ..

14 74

212

B urr Oak S tate B a n k .............................. .........

B urr O ak............ ..........

July

7 ..

10 10

181J

Cadillac S tate B a n k .............................................

Cadillac..........................

July 26. .

83 15

261

People’s'Savings B a n k ........................................

Cadillac..........................

July 2 5 ..

25 39

o


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

xlviii

STATE BANKING DEPARTMENT.
List of banks examined.—Continued.
Nam e of bank.

No.

Location.

D ate of ex­
am ination.

Amount
paid.

291

S tate B a n k .............................................................

C aledonia......................

Aug. 25. .

•«10 00

87

M erchants and Miners’ B a n k .............................

C alum et.........................

July 18. .

139 65

208

Capac Savings B a n k ............................................

C apac.............................

Ja n . 11. .

12 02

303

S tate Savings B ank of C arleton........................

C arleton.........................

Dec. 3 0 ..

10 00

287

Commercial Savings B a n k ..................................

C aro................................

Oct.

4. .

12 39

286

S tate Savings B a n k ..............................................

C aro................................

Oct.

3 ..

30 18
28 21

72

S tate Bank of Carson C ity .................................

Carson C ity ...................

Dec. 27. .

234

Exchange S tate B a n k ..........................................

Carsonville....................

June

1. .

13 27

180

S tate Bank of Carsonville...................................

Carson ville....................

May 2 5 ..

16 95

218

E aton County Savings B a n k .............................

C harlotte.......................

Mar. 1 4 ..

18 44

67

Chelsea Savings B a n k ..........................................

Chelsea...........................

May 23. .

56 19

203

The Kem pf Commercial and Savings B an k ...

Chelsea...........................

Jan.

7 ..

43 72

235

The Chesaning S tate B a n k .................................

Chesaning......................

Feb.

9 ..

21 05

118

Clare County Savings B a n k ...............................

C lare...............................

May 19. .

22 46

267

E . Jossm an S tate B a n k .......................................

C larkston.......................

Oct. 24. .

12 39

104

B ranch County Savings B a n k ...........................

Coldw ater......................

June 15. .

56 48

292

S tate B a n k .............................................................

Colem an.........................

Sept. 12. .

10 00

32

F arm ers’ S tate B a n k ...........................................

Concord.........................

Jan. 1 3 ..

16 62

174

Commercial S tate B a n k ......................................

C onstantine...................

June

6. .

21 82

173

First S tate B a n k ...................................................

C onstantine..................

June

6. .

34 58

281

Coopersville S tate B a n k ......................................

Coopersville..................

Sept. 13. .

16 46

183

Sanilac County S tate B a n k ................................

Croswell.........................

May 24. .

24 07

182

S tate B ank of Croswell.......................................

Croswell.........................

May 2 4 ..

13 12

176

Davison S tate B a n k .............................................

D avison.........................

July 23. .

14 03

102

F irst S tate B a n k ...................................................

D eca tu r..........................

Jan. 19 ..

14 90

196

F arm ers’ S tate B ank of D eckerville................

D eckerville....................

Aug. 29. .

195

S tate B ank of D eckerville..................................

D eckerville.........

210

Delray Savings B a n k ...........................................

D elray............................

Ja n .

301

D elton S tate B a n k ................................................

D elto n .............................

Dec . 1 2 ..

10 00

73

Central Savings B a n k ..........................................

D e tro it...........................

Mar.

73 84

82

Citizens’ Savings B a n k ........................................

D e tro it............

Ififi Q2

47

D etroit Savings B a n k ..........................................

D e tro it.

827

D etroit T rust C om pany......................................

D e tro it.........................

Oct

10

D etroit U nited B ank (L im ited)........................

D e tro it...........................

Oct

18

53 58
382 27

6 ..
2. .

9

Dime Savings B a n k ..............................................

D e tro it...................

Feb

1

5

Germ an-Am erican B a n k .....................................

D e tro it...........................

Feb

23

90

Hom e Savings B a n k .............................................

D etro it...................

94

Marine Savings B a n k ...........................................

D e tro it.....................

Feb

81

Michigan Savings B a n k .......................................

D e tro it...........................

Feb.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

18 82
14 63
31 10

322 18

150 65
356 48

15
8 ..

72 83
224 15

xlix

REPORT OF THE COMMISSIONER.
List of banks examined.—-Continued.
Name of bank.

No.

15
52

161

Location.

D ate of ex­
am ination.

Am ount
paid.

D e tro it..............

Mar. 21. .

$438 93

People’s Savings B a n k ................................

D e tro it..............

Jan. 1 8 ..

1,016 23

S tate Savings B a n k .....................................

D e tro it..............

June 2 0 ..

1,636 90

Union T rust C om pany................................

D e tro it..............

June 2 7 ..

748 00

U nited S tates Savings B a n k .....................

D e tro it..............

Feb. 2 9 ..

Peninsular Savings B a n k ...........................

89 25
1,185 8 6 .

6

W ayne County Savings B a n k ...................

D e tro it..............

April 19. .

157

D exter Savings B a n k ..................................

D ex ter...............

Ja n .

5 ..

18 18

28

City B a n k .......................................................

Dowagiac..........

Mar. 3 1 ..

38 47

142

Monroe County B a n k ..................................

D undee..............

Oct. 1 7 ..

12 81
21 76

124

.Shiawassee County B a n k ...........................

D u ran d ..............

Mar. 23. .

238

S tate B ank of E ast J o rd a n ........................

E ast Jordan —

Sept. 2 1 . .

10 00

53

Michigan S tate B a n k ...................................

E aton R a p id s..

Aug. 22. .

29 82

193

Edm ore S tate B a n k .....................................

E dm ore.............

April 19. .

10 00

129

E lk R apids Savings B a n k ..........................

E lk R a p id s----

Sept. 22. .

18 47

299

S tate Savings B a n k .....................................

E scanaba..........

Nov. 2 1 . .

10 00

295

E v art Savings B a n k ....................................

E v a r t.................

Oct.

152

F irst S tate Savings B a n k ...........................

E v a r t.................

May 1 7 ..

30 56

215

Old S tate B a n k .............................................

F ennville...........

Ja n . 2 5 ..

13 40

209

Commercial Savings B ank of F e n to n ... .

F en to n ..............

Feb. 10.

19 28

1. .

10 00

101

Citizens’ Commercial and Savings Bank.

F lin t..................

July 18.

79 89

23

Genesee County Savings B a n k .................

F lin t................

Feb. 29.

128 46

165

Union T rust and Savings B a n k ................

F lin t.................

S ep t. 6 .

143 28

126

F irst S tate and Savings B a n k ...................

F lushing..........

July 26.

21 32

F lushing..........

July 25.

13 66
23 50

223

People’s S tate B a n k ....................................

141

S tate Savings B ank of Fow ler..................

F ow ler.............

June 16.

293

S tate B a n k .....................................................

Fow lerville----

Dec. 27.

10 00

F ra n k fo rt........

Aug. 15.

15 52

F re m o n t..........

Nov.

1.

10 00

2.

21 52

229
297

Benzie County S tate Savings B a n k ........
Frem ont S tate B a n k ...................................

153

Gaylord S tate Savings B a n k .....................

G aylord...........

Aug.

298

S tate B a n k .....................................................

G ladw in..........

Nov.

1.

10 00

26 39

249

Grand H aven S tate B a n k ..........................

Grand H av en .

May 23.

.276

Commercial Savings B a n k .......................

Grand Rapids.

Feb. 24.

75 22
216 75
297 81

61

Grand R apids Savings B a n k ...................

Grand Rapids.

May 16.

65

K ent County Savings B a n k .....................

Grand Rapids.

April 4 .

Michigan T rust C om pany.........................
108
139
27
263
188

Grand Rapids.

July

5.

81 89

People’s Savings B a n k ..............................

Grand Rapids.

April 1 1 .

198 67

S tate Bank of M ichigan...............- .........

Grand R apids.

Feb. 15.

270 13

F arm ers’ Bank of Grass L ak e.................

Grass Lake

Jan. 18.

21 78

Commercial S tate Savings B a n k ............

G reenville........

April 18.

17 81

Greenville.

Mar. 16.

46 25

Greenville S tate B a n k .........................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

STATE BANKING DEPARTMENT.

1

L ist of banks examined.— Continued.
No.

Name of bank.

Location.

D ate of ex­
am ination.

95

Superior Savings B a n k ........................................

H ancock........................

July 13. .

Superior T rust C om pany....................................

H ancock........................

July 15. .

254

H uron County Savings B a n k .............................

H arbor B each..............

Aug. 31. .

50

Oceana County Savings B a n k ...........................

H a r t................................

Oct. 1 7 ..

11

Hastings City B a n k .............................................

Hastings

June 14

260

F irst S tate Savings B a n k ...................................

Hillsdale

.............

June 1 1 ..

78

Hillsdale Savings B a n k .......................................

Hillsdale ......................

S ep t. 1 9 ..
J a n . 1 3 ..

56

First S tate Bank of H olland..............................

Holland

91

Holland City S tate B a n k ....................................

H olland..........................

Ja n . 1 1 ..

262

Citizens’ S a^ n g s B a n k ........................................

Holly

June 1 6 ..

.........................

106

First S tate and Savings B a n k ...........................

H olly..............................

Mar.

2 ..

255

Calhoun S tate B a n k .............................................

H o m er............................

Mar.

2 ..

109

First S tate and Savings B a n k ...........................

How ell............................

M ar. 2 2 ..

140

Boies S tate Savings B a n k ..................................

H udson..........................

Oct

3 ..

143

Thompson Savings B a n k ....................................

H udson..........................

O ct.

4. .

24

Lapeer County B a n k ............................................

Im lay C ity ....................

Ja n .

5 ..

191

S tate Savings B a n k ..............................................

Io n ia ...............................

Aug. 29. .

135
12

Commercial B a n k .................................................

Iron Mountain .. .

July 23 .

Peninsula B a n k ..........................................

Tshpeming

July 13

264

Commercial S tate B a n k ......................................

Ithaca

Mar. 22 .

150

Ith aca Savings B a n k ............................................

I th a c a ............................

Mar. 2 1 ..

177

Jackson City B a n k ................................................

Jack so n . ..

May

186

Jackson S tate Savings B a n k ..............................

Jack so n ..........................

Feb. 1 7 ..

14

Union B a n k ............................................................

Jackson

"Feb . 1 5

115

Grosvenor Savings B a n k .....................................

Jones ville.......................

Mar.

9
.

1. .

273

Central B a n k ..........................................................

Kalamazoo

Mar. 23

147

Home Savings B a n k ............................................

Kalam azoo ..

Mar. 30

1

Kalamazoo Savings B a n k ...................................

K alam azoo....................

May 31. .

257

K alkaska County S tate and Savings B a n k ...

K alk ask a.......................

Sept. 22. .

283

Farm ers and M erchants’ Bank of Lake Odessa

Lake O dessa.................

April 2. .

41

Lake Odessa Savings B a n k ................................

Lake O dessa.................

Sept. 26. .

300

Farm ers and M erchants’ S tate B a n k ...............

L akeview ........ ..............

Dec.

133

Lansing S tate Savings B a n k ..............................

Lansing .

Nov. 21

.

9. .

271

Lapeer Savings B a n k ...........................................

L apeer............................

117

S tate Savings B a n k .............................................

L ap eer............................

Mar. 15. .

201

S tate Savings Bank of L aurium .......................

L au riu m .........................

July 20. .
Jan. 1 4 ..

Oct. 2 5 ..

8

People’s B a n k ........................................................

Leslie..............................

184

Lexington S tate B a n k .........................................

L exington......................

Oct.

111

Lowell S tate B a n k ................................................

Lowell............................

June 1 5 ..


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

5. .

REPORT OF THE COMMISSIONER.

li

List of banks examined.—Continued.
No.

N am e of bank.

Location.

D ate of ex­
am ination.

Am ount
paid.

$42 36

239

Ludington S tate B a n k ........................................

L udington.....................

Sept. 2 0 ..

130

A ntrim County S tate Savings B a n k ................

M ancelona.....................

Aug.

1. .

23 19

242

People’s B ank of M anchester.............................

M anchester....................

May

4. .

28 16

172

Union Savings B a n k ............................................

M anchester...................

May

4 ..

38 72

116

Manistee County Savings B a n k ........................

M anistee........................

Aug. 30. .

82 11
41 72

21

M anistique B a n k ...................................................

M anistique....................

July 27. .

296

Manton S tate B a n k ..............................................

M anton..........................

Oct. 17. .

10 00

272

Home Savings B a n k ............................................

Marine C ity ...................

Oct.

3 ..

17 66
42 61

122

Marine Savings B a n k ...........................................

Marine C ity ...................

Ja n . 1 2 ..

252

Commercial S tate B a n k ......................................

M arlette.........................

April 19. .

246

M arlette S tate B a n k ............................................

M arlette.........................

April 1 9 ..

13 37
'

19 91

100

M arquette County Savings B a n k .....................

M a rq u ette.....................

July

6 ..

64 57

137

Commercial Savings B a n k ..................................

M arshall.........................

Feb.

3 ..

80 34

198

G. W. Jones’ Exchange B a n k ............................

M arcellus.......................

Oct. 20 .

24 55

22

Farm ers’ B a n k .......................................................

M ason.............................

Ja n . 1 1 ..

20 22

107

F irst S tate and Savings B a n k ...........................

M ason.............................

Ja n . 1 1 ..

19 94

168

F irst S tate B a n k ...................................................

M endon..........................

Ja n .

9 ..

17 25

285

S tate B a n k ..............................................................

M errill............................

Sept. 1 5 ..

10 00

274

F arm er’s S tate B a n k ...........................................

M iddleville....................

Aug. 24. .

26 19

97

Midland County Savings B a n k ..........................

M idland.........................

Sept. 13. .

21 97

77

Farm ers and M erchants’ B a n k ..........................

M ilan..............................

Oct.

23 92

8 ..

288

Minden City S tate B a n k .....................................

Minden C ity ..................

Aug. 30. .

10 00

202

W akefield S tate B a n k .........................................

M orenci..........................

June 6. .

39 45

222

Citizens’ Savings B ank........................................

Mt. Clem ens.................

Ju n e

1 ..

33 71

51

Mt. Clemens Savings B a n k ................................

Mt. C lem ens.................

May 2 8 ..

111 27

158

Ullrich Savings B a n k ...........................................

Mt. Clem ens.................

170

Exchange Savings B a n k .....................................

Mt. P le a sa n t.................

Mar. 23. .

28 53

277

Isabella County S tate B a n k ...............................

Mt. P le a sa n t.................

Nov.

1 ..

21 79

189

Munising S tate B a n k ...........................................

M unising........................

July

8 ..

21 06

60

Muskegon Savings B a n k .....................................

M uskegon......................

July 26. .

54 00
27 40

75 63

19

Farm ers and M erchants’ B a n k ..........................

N ashville.......................

July 23. .

245

New H aven Savings B a n k ..................................

New H av en ...................

Mar. 30. .

11 06

240

Niles City B a n k .....................................................

N iles................................

Feb. 2 0 ..

16 44

36

Pioneer B a n k .........................................................

N orth B ran ch ...............

Oct. 2 6 ..

25 95

145

Northville S tate Savings B a n k ..........................

N orthville......................

Mar. 30. .

21 77

280

Onaway S tate Savings B a n k .............................

O naw ay..........................

Nov. 30. .

10 00

190

Orion S tate B a n k ..................................................

O rion..............................

Mar. 2 8 ..

15 58

199

S tate Savings B a n k ..............................................

O vid................................

April 6. .

16 91

185

Citizens’ Savings B a n k ........................................

Owosso...........................

Feb.

8 ..

38 63

112

Owosso Savings B a n k ..........................................

Owosso............................

June 1 3 ..

44 32


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

STATE BANKING DEPARTMENT.

lii

List of banks examined.—Continued.
Name of bank.

No.

Location.

D ate of ex­
am ination.

Am ount
paid.

34

Oxford Savings B a n k ...........................................

O xford.......................

Mar. 29. .

$36 43

59

Paw Paw Savings B a n k ......................................

Paw P a w ...................

Jan. 21. .

23 19

247

S tate Savings B ank of P e c k ..............................

P eck .........................

Oct.

4. .

11 53

132

S tate Bank of P e rry .............................................

P e rry ........... •...........

Mar. 19. .

10 73

119

First S tate B a n k ...................................................

P etoskey.................

July 21. .

38 42

282

Citizens’ S tate Savings B a n k .............................

P lainw ell.................

Sept. 14. .

17 22

99

Plym outh United Savings B a n k .......................

P ly m o u th ................

Mar. 28. .

48 12

275

American Savings B a n k ......................................

P o n tia c ....................

Feb. 20. .

146

F irst Commercial B a n k .......................... ............

P o n tiac ....................

June

7. .

117 80

6. .

55 89

15 42

149

Oakland County Savings B a n k .........................

P o n tiac .........

June

211

Pontiac Savings B a n k .........................................

P o n tiac ....................

Feb. 23. .

75

Commercial B a n k .................................................

P o rt H u ro n ............

Mar.

7. .

151 69

49

P o rt H uron Savings B a n k ..................................

P ort H u ro n ............

Mar.

9. .

40 08

98

St. Clair County Savings B a n k .........................

P ort H u ro n ............

Dec. 19. .

96 70

The U nited Home P rotectors’ F ra te rn ity .. . .

P ort H u ro n ............

Nov. 30. .

30 00

217

Quincy S tate B a n k ...............................................

Q uincy.....................

June

7. .

13 50

69

S tate Bank of R eading........................................

Nov.

1 ..

21 12

Oct. 10. .

26 08

June 15. .

19 16

69 88

206

Macomb County Savings B a n k .........................

224

Rochester Savings B a n k .....................................

R eading...................
/ R ichm ond (Lenox
1 P . O )..................
R ochester. . . .•........

194

Romeo Savings B a n k ..........................................

R om eo.....................

June 13. .

49 19

25

Bank of Saginaw ...................................................

Saginaw ...................

July 11. .

239 56

38

People’s Savings B ank of E ast Saginaw .........

Saginaw ...................

April 11. .

76 93

84

Saginaw County Savings B a n k .........................

Saginaw ...................

June 20. .

79 12

44

Savings B ank of E ast Saginaw .........................

Saginaw ...................

June 22. .

299 77

29

Commercial and Savings B a n k .........................

Saint C lair..............

Oct. 1 3 ..

30 73

39

Clinton County Savings B a n k ...........................

Saint Jo h n s............

Mar. 17. .

47 46

45

S tate B ank of St. Jo h n s......................................

Saint Jo h n s............

April 4 ..

45 63

31
42

Union Banking C om pany...................................

Saint Jo sep h ...........

May 25. .

38 60

Commercial Savings B a n k ..................................

Saint L ouis.............

Mar. 1 5 ..

24 62

197

G ratiot County S tate B a n k ................................

Saint L ouis.............

Mar. 15. .

18 10

265

The Citizens’ B a n k ...............................................

S aline.......................

Oct. 11. .

27 54

231

S tate Bank of Sanilac C entre............................

Sanilac C entre........

May 31. .

10 00

200

T rum an Moss S tate B a n k ...................................

Sanilac C entre........

May 3 1 ..

10 00

225

Saranac S tate B a n k .............................................

S aranac....................

Sept

1 ..

15 32

269

Central Savings B a n k ...........................................

Sault Ste. Marie. . .

July 13. .

27 85

54

Sault Savings B a n k .............................................

Sault Ste. Marie. . .

July 11. .

74 75

251

Sebewaing S tate B a n k ........................................

Sebewaing...............

April 25. .

12 70

204

S tate Savings Bank of Scottville......................

S cottville.................

May 16. .

11 65

175

Commercial S tate B a n k ................... ...................

S hepherd.................

Sept 2 8 ..

15 20


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

REPORT OF THE COMMISSIONER.

liii

List of banks examined.—Concluded
Nam e of bank.

No.

Location.

D ate of ex­
am ination.

Amount
paid.

148

Citizens’ S tate B a n k ............................................

South H av en ................

May 26. .

$38 73

71

F irst S tate B a n k ...................................................

May 24. .

45 29

278

South Range B a n k ...............................................

207

S p arta S tate B a n k ................................................

South H av en ................
/ South Range (Bal- 1
\ tic P . O .)............ /
S p a rta ............................

279

S tate B a n k .............................................................

S tan d ish ........................

Oct. 31. .

11 44

243

S tate Savings B a n k ..............................................

S ta n to n ........... ..............

Sept. 27. .

13 90

270

B ank of S tephenson.............................................

Stephenson...................

July 26. .

10 00

134

Citizens’ S tate B a n k ............................................

S turgis............................

Feb. 29. .

35 39
10 00

July 15. .

10 57

Jan. 25. .

20 45

290

Leelanau County Savings B a n k ........................

S u tto n ’s B a y ................

Aug. 24. .

151

Lilley S tate B a n k .................................................

Tecum sell......................

June

9. .

22 37

156

Tecumseh S tate Savings B a n k ..........................

Tecum seh......................

June

8. .

24 94

258

First S tate B a n k ...................................................

T ekonsha.......................

Oct. 1 3 ..

10 00

120

F irst S tate Savings B a n k ...................................

Three R iv ers................

Jan. 12. .

47 07

266

People’s Savings B a n k ........................................

Traverse C ity ...............

Aug.

3. .

28 24

138

Traverse City S tate B a n k ...................................

Traverse C ity ...............

Aug.

2. .

163 16
10 00

288

S tate Savings B a n k ..............................................

U nionville.....................

Oct.

5. .

241

B ank of V assar......................................................

Y assar............................

Jan.

6. .

15 50

192

S tate Savings B a n k ..............................................

V assar............................

Jan.

5. .

23 16

284

W ayland S tate B a n k ...........................................

W ay lan d ........................

Dec.

7. .

10 00

105

W ayne Savings B a n k ...........................................

W ayne............................

May

2. .

41 95

96

L um berm an’s S tate B a n k ..................................

W est Bay C ity .............

May 26. .

39 85

17

People’s Savings B a n k ........................................

W est Bay C ity.............

May 24. .

50 71

250

W hitehall S ta te B a n k ..........................................

W hitehall......................

Dec. 30. .

12 15

294

Farm ers Savings B a n k ........................................

W hite P igeon...............

Aug. 18. .

10 00

35

W illiam ston S tate B a n k .....................................

W illiam ston..................

Mar.

7. .

29 28

166

F irst Commercial and Savings B a n k ...............

W y an d o tte....................

July 20. .

29 17

64

W yandotte Savings B a n k ...................................

W y an d o tte ....................

Jan.

7. .

67 16

227

Yale S tate B a n k ....................................................

Y ale................................

June

8 :.

16 42

86

Y psilanti Savings B a n k ......................................

Y p sila n ti.......................

July 13. .

94 93

226

Zeeland S tate B a n k ..............................................

Z eeland..........................

Jan. 27. .

48 41


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Federal Reserve Bank of St. Louis


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

REPORTS
OF T H E

S T A T E B A N K S AND T R U S T C O M P A N I E S
AS MADE TO THE COMMISSIONER OF THE STATE BANKING
DEPARTMENT

JANUARY 22, MARCH 28, JUNE 9, AND SEPTEMBER 6, 1904.


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Federal Reserve Bank of St. Louis


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

3

STATE BANKS OF MICHIGAN.
No. 162.
ADRIAN STATE SAVINGS BANK' ADRIAN.
Organized May 29, 1893.
R. A.

W a t t s , P r e s i d e n t ; G e o r g e A. W i l c o x , V ic e P r e s i d e n t ; B. E. T o b i a s , C a s h i e r ;
It. II. W a t t s , A s s i s t a n t C a s h ie r ; C h a r l e s S. W h i t n e y , A u d ito r .

D i r e c t o r s .— R ich ard

A. W atts, George A: W ilcox, W illiam E. Je w e tt, R. A. K aiser, C harles
G. Wesley, W. O. H unt, B. E. Tobias, A D . E llis, C. S. W hitney.

Resources.

R eport of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

T oans and disco u n ts.................................................

$528,936 28

$491,631 65

$531,483 28

$426,193 75

Hnnd^ mortgages and securities...........................

444,305 44

458,736 04

461,595 04

497,547 77

2,299 84

145 55

9 90

63 76

4,050 81

4,050 81

4,050 81

4,050 81

111,378 92

627 50
O v erd rafts...................................................................
Hanking h o u se............................................................
F urniture and fix tu res.............................................
O ther real estate ......................................................
Due from other banks and bankers (not reserve
cities)
........................................
Tterns in tr a n s it..........................................................
U nited States bonds ...............................................
One from banks in reserve efties...........................

84,576 19

108,097 71

79,108 74

Fxchanges for clearing house.................................

439 73

1,453 79

1,821 17

2,015 23

TT S and National bank currencv ........................

26,860 00

24,005 00

18,668 00

18,774 00

Gold co in .....................................................................

21,760 00

21,750 00

26,530 00

27,042 50

Silver co in ...................................................................

4,080 70

3,.501 90

2,181 70

1,636 30

245 82

297 77

170 26

111 62

1,095 72

243 15

231 97

301 07

T o ta ls................................................................... $1,119,278 03

$1,113,913 37

$1,125 850 87

$1,089,115 73

$60,000 00

$60,000 00

$60,000 00

$60,000 00

20,000 00

20,000 00

30,000 00

30,000 00

24,411 35

29,870 42

16,564 28

23,711 68

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue acc o u n t........................................................................

Liabilities.
Capital stock paid i n ................................................
Surplus fu n d ...............................................................
U ndivided profits, less current expenses, interest
and taxes p a id .......................................................
Dividends u n p a id ......................................................

18 00

■Commercial deposits subject to check .................

257,296 06

253,610 02

225,167 00

179,541 63

719,677 79

705,843 91

745,220 32

746,240 02

37,874 83

44,589 02

47,213 27

49,621 80

1,686 00

Commercial certificates of d ep o sit........................
Due to banks and b an k ers............
Certified checks..........................................................
Cashier’s checks o u tstan d in g ..................................
Savings d ep o sits. . .
Savings certificates of d ep o sit................................
Notes and bills rediscounted..................................
vvi :i:' ‘

Bills p a y a b le ................................................ ..............

T o ta ls................................................................... $1,119,278 03


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Federal Reserve Bank of St. Louis

$1,113,913 37

$1,125,850 87

$1,089,115 73

4

STATE BANKING DEPARTMENT.
No. 8a.
THE COMMERCIAL SAVINGS BANK, ADRIAN.
Organized May 10, 1888.

A lanson B en n e tt , P r e s i d e n t ; D. M etcalf , V ic e P r e s i d e n t ; E. N. S m it h , C a s h ie r ;
W. B. Colvin , 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. II. Wood, A. B ennett, A. M. Stephenson, D. M etcalf, E. C. Sword, It. A.
Kaisex-, C. G. H a rt, E. E. B aker, F. E. P riddy.
R eport of
: Jan. 22.

Resources.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

T,oa,ns and disco u n ts................................................. . $227,807 89

$238,594 24

$233,773 64

$227,004 15

318,318 82

312,978 45

307,693 45

315,389 04

Ronds m ortgages and securities...........................
Prem ium s paid on bonds .......................................
.......................................................

49G 69

835 74

271 10

26 47

Ranking h o u se............................................................

12,000 00

12,000 00

12,000 00

12,000 00

F u rn itu re and fix tu res.............................................

2,500 00

2,500 00

2,500 00

2,500 00

O ther real est,a,te
............................
Due from other banks and bankers (not reserve
cities) ........................................................................

1,771 83

1,051 42

613 76

8,436 37

Due from banks in reserve cities...........................

21,552 36

50,272 94

96,038 44

70,929 43

Exchanges for clearing house...................... ..........

114 05

365 23

217 94

496 42

IT ft. a,nd N ational bank currency........................

22,130 00

23,765 00

24,545 00

25,368 00

O verdrafts

Tterns in tra,nsit
United ftta.tes bonds

..............................
.........................

...........

2,648 00

4,391 50

4,953 50

3,616 00

Silver co in ....................................................................

2,024 00

2,139 00

2,817 00

1,636 00

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue ac­
count ........................................................................

361 37

283 69

303 67

361 64

12 08

8 43

752 00

38 20

T o ta ls...................................................................

$611,737 09

$649,185 64

$686,479 50

$667,801 72

Liabilities.
Capital stock paid i n ................................................

$110,000 00

$110,000 00

$110,000 00

$110,000 00

22,000 00

22,000 00

22,000 00

22,000 00

2,104 98

5,639 62

3,9S2 99

9,763 10

Commercial deposits subject to ch eck .................

97,650 46

98,504 08

132,525 78

117,739 37

Commercial certificates of dep o sit........................
•
Due to banks and b an k ers......................................

4,835 60

13,618 47

5,279 65

9,838 85

Gold co in ......................................................

Surplus f u n d ...............................................................
Undivided profits, less current expenses,-interest
and taxes p a id .......................................................
Dividends unpaid ......................................................

Certified checks..........................................................

500 00

500 OO.

Cashier’s checks o u tstan d in g ..................................
Savings d ep o sits........................................................

375,146 05

398,923 47

412,691 08

397,960 40

$611,737 09

$649,185 64

$686,479 50

$667,801 72

Savifigs certificates of dep o sit................................
Notes and bills rediscounted..................................
Bills p ay ab le...............................................................
T o ta ls...................................................................


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Federal Reserve Bank of St. Louis

STATE BANKS OF MICHIGAN.
♦

No. tf«.

LENAWEE COUNTY SAYINGS BANK, ADRIAN.
Organized December 16, 1869.
D elos

M. B ak Eii , P r e s i d e n t ; H. V. C. I I abt , V ic e P r e s i d e n t a n d C a s h ie r ;
C l in t o n

D i r e c t o r s — Delos

D . H a rd y , A s s is ta n t

C tis h ie r.

M. B aker, C linton D. H ardy, H etm an Y. C. H a rt, W arren J. T arker,
C. E. W eaver, H. L. L arw lll, D. B. M organ.
R eport of
Jan. 22.

Resources.

R eport of
March 28.

R eport of
Sept. 6.

R eport of
June 9.
|

......................................

1143,465 38

$124,941 28

$284,946 23

$257,514 91

Bonds m ortgages and securities...........................

474,669 12

475,238 41

356.252 80

379,895 24

Prem ium s paid nn fronds .......................................

20 60

20 60

10 00

10 00

F urniture and fix tu res.............................................

* 1,500 00

1,500 00

1,500 00

1,500 00

59 62

59 62

59 62

59 62

58,941 29

Loans an*! ^ispnim ts

Suspense

........................................................

Due from other banks and bankers (not reserve
5.000 00
54,442 28

64,791 01

71,253 24

.......................

9 90

335 01

53 50

30 96

L S and N ational frank cu rren cy ........................

11,219 00

17.170 00

18,863 00

16,089 00

Cold coin

Hue from franks in reserve citie s...........................
'RYpfra.nges for clearing froiise .

................... ......................................

10,842 50

9,392 50

9,382 50

12,822 50

Silver coin ..................................................................

1,967 30

2,377 10

1,597 20

871 20

NirTtels and c e n ts......................................................
Checks, cash item s and internal revenue acc o u n t........................................................................

258 17

285 70

120 86

174 67

359 95

535 93

200 30

418 46

.................................. ..................

$703,813 82

$696,647 16

$744,239 25

$728,327 85

Liabilities.
C apital stock paid i n ................................................

T otals

$100,000 00

$100,000 00

$100,000 00

$100,000 00

S urplus fu n d ...............................................................
U ndivided profits, less current expenses, interest
and taxes paid
.........................

20 000 00

20,000 00

20,000 00

$20,000 00

4,884 10

4,945 29

3,666 44

2,817 80

Hue to franks and b a n k e rs......................................

313 56

48 36

1,066 23

308 75

Certified checks

100 00

100 00

98 01

5,026 93

4,988 23

1,148 68

578,418 15

566,526 58

614,518 35

604,052 62

$703,813 82

$696,647 16

$744,239 25

Cashier's checks o u tstan d in g ..................................
Savings d ep o sits.........................................................

'Djllo noviifrlp

T o ta ls................ ............ ................ .....................


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Federal Reserve Bank of St. Louis

!

$728,327 85

6

STATE BANKING DEPARTMENT.
No. 171.
WALDBY AND CLAY’S STATE BANK, ADRIAN.
Organized June 24, 1894.

F rank

W.

C l a y , P r e s id e n t;

D i r e c t o r s . —-E.

R o b e r t S. M o r e l a n d , V ic e P r e s i d e n t ;
G e o . N. J o n e s , A s s i s t a n t - C a s h ie r .

II. B.

W a l d b y , C a s h ie r ;

B. W aldby, II. B. W aldby, F. W. Clay. R ial Clay. .1. V. DeFoe. R. S. M oreland,
Wm. II. C rane, A. W. Wood, J. W. K irk.
R eport of
Jan. 22.

R eport of
March 28.

R eport of
June 9.
'

.............................................

$290,841 28

332,681 80

361,103 09

336,620 19

T^r>n<is Tnnrtga gps and spp.iiritips...........................

307,105 00

294,535 00

300,780 00

307,330 00

Resources.
T.nRps arul iiisroiints

piliil on bonds

'Ranking honsp

...................................
....................... ' ...........

275 73

....................................................

18,000 00

18,000 00

211 20

1,046 83

Ovprdrn.fts

R eport of
Sept. 6.

2 05

48 03
IS,000 00

18,000 00

Viirnitiirp and fiYtnrPS.............................................
Othpr ppal P.stat.fi ....................................................
Due from other banks find bankers (not reserve
ritips)
........................................
TTnitpd StaffiS bonds

3 34

8 71

Tt,pms in tran sit
.....................

Due from banks in reserve cities...........................

71,305 92

Kxrliangps for olparing liousp.................................

98,911 35

110,984 18

723 90

399 42

88,433 54

U. S. and National bank currency ........................

33,102 00

30,579 00

39,604 00

Gold co in ...................................................... , ............

1,650 00

310 00

1,235 00

505 00

Silver co in ................ .......... .... ..................................

1,835 85

1,389 00

1,648 00

1.018 50

28 587 00

180 06

183 70

151 98

146 26

225 10

226 90

187 17

352 30

T o ta ls...................................................................

$724,732 14

$784,598 24

$834,140 87

$780,996 13

Liabilities.
Capital stock paid i n . . . . . ! ....................................

$55,000 00

$55,000 00

$55,000 00

$75,000 00

7,500 00

7,500 00

8,500 00

8,500 00

2,366 64

7,385 29

6 77

3 842 88

Nickels and c e n ts.......................................................
Checks, cash item s and internal" revenue ac­
count ...........................................................’ ............

Surplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id .................................. .................
Dividends u n p a id .......................................................
Commercial deposits subject to check.................

152,404 90

173,774 37

185,486 13

143,470 89

Commercial certificates of dep o sit........................

6,343 G5

4,832 23

7,156 36

5,034 88

Due to banks and b an k ers.. .

1,146 91

1,759 40

5,914 53

2,069 87

499,969 98

534,346 95

572,077 08

543,077 61

$724,732 14

$784,598 24

$834,140 87

$780,996 13

Certified checks.......................................................*.
Cashier’s checks o u tstan d in g . .................................
Savings dep o sits........................................................
Savings cert ificates of «deposit.................................
Notes and bills rediscounted..................................
Bills p ay ab le...............................................................
T o ta ls.................................................... ..............


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Federal Reserve Bank of St. Louis

STATE BANKS OF MICHIGAN.

7

No. 179.
ALBION STATE BANK, ALBION.
. Organized March 29, 1895.
E ugene

P.

R o b e r t s o n , P r e s i d e n t ; W a r r e n S. K e s s l e r , V ic e P r e s i d e n t ;
D a v i d A. G a r f i e l d , C a s h ie r .

W arren S. K essler, M e rritt O. S hepard, A ugustus J. Gale, Seym our Y. H ill, D avid
Garfield, Eugene P . Robertson, Wm. H. Rodenbach, George W. Schneider, O. A. L eonard.

D i r e c t o r s .—

A.

R eport of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

Loans and disco u n ts........................r........................

$139,326 19

$155,279 33

$138,836 36

$148,386 00

Bonds, m ortgages and securities...........................

91,260 29

79,482 39

96,899 39

60,133 16

385 63

2,559 67

60 39

677 70

1,240 44

1,621 44

Resources.

R eport of
Sept. 6.

Prem ium s paid on b o n d s........ ................................
O v erd rafts...................................................................
Banking h o u se............................................................
F urn itu re and fix tu res..............................................
O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
• c ities)............ ...........................................................

2,211 22

1,621 44

1,621 44

2,931 77

2,742 77

2,211 22

866 62

Item s in tr a n s it..........................................................
-

U nited States b o n d s.................................... ............
Due from banks in reserve cities...........................

25,436 94

14,461 84

9,985 42

Exchanges -for clearing h o u se.................................

69 84

135 87

673 55

1,219 20

U. S„ and N ational bank currency........................

12.072 00

8,561 00

7,905 00

5,967 00

Gold c o in .....................................................................

2,005 00

2,745 00

2,202 50

3,037 50

Silver co in ...................................................................

3,139 45

2,172 40

3,670 60

3,249 30

252 59

175 81

275 63

182 27

344 47

504 05

Nickels and c e n ts....................................................
Checks, cash item s and internal revenue ac­
count .........................................................................

47 89

40,216 29

T o ta ls...................................................................

$277,459 48

$269,405 97

$265,400 52

$268,S03 30

Liabilities.
Capital stock paid i n ................................................

$50,000 00

$50,000 00

$50,000 00

$50,000 00

10,000 00

10,000 00

10,000 00

10,000 00

4,260 70

5,618 64

4 089 93

7,002 85

Surplus fu n d ...............................................................
U ndivided profits, less current expenses, interest
and taxes p a id ................. ......................................
Dividends u n p a id ......................................... ............

4 00

Commercial deposits subject to check .................

72,476 03

58,163 23

51,137 60

47,625 94

Commercial certificates of d ep o sit........................

19,601 86

20,286 93

14,510 10

16,997 92

Due to banks and b a n k e rs......................................

1,100 76

Certified checks..........................................................

1,500 00

15 00

256 74

Cashier’s checks o u tstan d in g ..................................
Savings d ep o sits........................................................

118,516 13

125,337 17

134,812 15

137,101 59

$277,459 48

$269,405 97

$265,406 52

$268,803 30

Savings certificates of dep o sit................................
Notes and bills red iscounted..................................
Bills p a y a b le ...............................................................

T o ta ls......................................................


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Federal Reserve Bank of St. Louis

8

STATE BANKING DEPARTMENT.
No. 167.
COMMERCIAL AND SAYINGS BANK, ALBION.
Organized Septettiber 30, 1893.
J ohn

G.

B r o Wn , P r e s id e n t ; F r a n k

E . P a l m E r , V ic e P r é s i d e n t ; C h a r l e s G . B
C a s h ie r ; B. D. B r o w n , A s s i s t a n t C a s h ie r .

ig e l o w

,

D ir ectors .— Ed w ard S u tto n , L. J. W olcott, Sam uel Dickie, John Johnson, F ra n k E. P alm er,
Jo h n G. Brown, W ashington G ardner, Chas. G. Bigelow.
Resources.

R eport of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

Lomas and disco u n ts.................................................

$122,534 90

$116,362 57

$101,851 24

$102,995'«6

Bonds, m ortgages and securities...........................

81,363 07

92,113 07

93,176 09

106,051 09

Prem ium s paid on b o n d s.........................................

1,197 75

1,313 25

1 313 25

1,433 25

O v erd rafts...................................................................

2,285 03

3,789 78

2,101 97

2,992 52

Banking h o u se............................................................

5,400 00

5,400 00

5,400 00

«:4oo 00

F urn itu re and fix tu res..............................................

1.950 00

1,950 00

1,950 00

2,150 00

14,997 50

10,000 00

O ther real e s t a t e ..
Due from other banks and bankers (not reserve
c ities)..........
....................................
Item s in tran sit .......
U nited S tates b o n d s....................
Dufe from banks in reserve cities...........................

23,305 51

34,307 70

40,981 67

9,593 30

6,355 00

5,001 00

4,410 00

3,270 00

6,550 00

5,315 00

5,080 00

5, 165 00

1,936 60

1,456 40

779 70

378 26

529 86

66 21

119 13

644 87

723 30

497 02

191 51

$253,808 94

$268,742 13

$273,281 35

$251,650 00

$35,000 00

$35,000 00

$35,000 00

$35,090 00

5,650 00

5,650 00

5,650 00

6,000 00

2,664 61

3,561 75

3,497 49

3,227 75

Exchanges for clearing h o u se.................................
U. S. a n d N ational b ank currency ........................
Gold co in ............

...................

Silver co in ....................................................................
Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue ac­
count ........................................................................
T o ta ls.................................................................
Liabilities.
Capital stock paid i n ................................................
Surplus f u n d ............................................
Undivided profits, less current expenses, interest
andH axes p a id .......................................................

1,518 58

1,844 55

Dividends u n p a id ......................................................
Commercial deposits subject to ch eck .................

47,708 90

55,944 19

59,486 44

42,655 42

Commercial certificates of dep o sit........................

25,842 61

29,246 07

28,985 02

24,754 90

Due to banks and b an k ers......................................
Certified ch eck s..........................................................

500 00

Cashier’s checks o u tstan d in g ..................................
Savings dep o sits.........................................................

136,942 82

139,340 12

140,102 40

140,011 93

$253,808 94

$268,742 13

$273,281 35

$251,650 00

Savings certificates of d ep o sit................................
Notes and bills red iscounted ..................................
Bills p a y ab le...............................................................
T o ta ls ..............................................


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Federal Reserve Bank of St. Louis

state basks of

Michigan.

»

No. 232.
ALMA STATE SAVINGS BANK, ALMA.
Organized May 1, 1901.
W il l t a m

A.

B a h l k e , P r e s id e n t

;

F red

R . H a t h a w a y , V ic e

P r e s id e n t

;

G eo . W . M oore,

C a s h ie r .

D irbctor S .—-Win. A. Rail Ike. F. R. H ath aw a y , D aniel L. S h a rra r, L ester H. H oyt, Geo. C.
I ’arsons, Geo. W. Moore, J. W. Robinson.
Report of
Jan. 22.

Resources.

Report of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

d isco u n ts.................................................

$54,139 89

$72,049 71

$64,873'-92

$74,132 50

Pencfri ipurtga^es iinrf securities...........................

39,210 45

38,447 78

39,090 75

39,615 75

...............................................................

203 27

83 37

314 79

113 18

F u rn itu re and fix tu res.............................................

1,300 00

1,300 00

1,300 00

1,300 00

2 40

119 07

60 oe

142 89

42,106 63

22,223 20

10.279 30

Prem ium s paid Tin fronds
O verdrafts

.............

father r^fll estate
.......................
Due from other banks and bankers (not reserve
Tterns in tr a n s it..........................................................
United S tates fronds
Due frbm banks in reserve cities...........................

43,157 97

...... .......:

Pfrcefranges for el earing’ house
U. S. and N ational bank cu rren cy ........................

7,331 00

8,250 00

5,363 00

4,959 00

...........................................................

667 50

312 50

202 50

567 50

Silver eo in ....................................................................

1,017 15

1,418 05

1,009 70

1.125 25

Nickels and c e n ts......................................................
Ghecks, cash item s and internal revenue acr
c o u n t.........................................................................

94 02

113 48

114 51

121 01

330 45

641 03

399 3?

1,113 2$

S147 504 10

$164,841 62

$134,951 69

$133,400 66

$25,000 00

$25,000 00

$25,000 00

$25,000 00

5,000 00

5,000 00

5,000 00

7,000 90

547 68

1,318 32

2,029 56

754 30

45,013 30

67.176 43

45.878 23

367241 SI

Ufrld eoin

T'Ot'alq
Liabilities.
Gapital Stock paid i n ................................................
Surplus f u n d ...............................................................
Undivided profits, less current expenses, interest
atid tax es p a id ........................................................
Dividends unpaid

,.

Coinmercial deposits subject to check .................
CnmrncrcfaJ cerf.ifinates of deposit
Due. to hanks and frankers
Certified checks
Cashier’s checks outstanding

. .

Savings certificates of d ep o sit................................

.......

.......

Savings deposits
71,943 12

66,346 87

57,043 90

64,464 55

$147, .504 10

$164,841 62

$134,951 69

$133,460 06

Nuf.es and frills rediscounted
Rills payafrle

T o ta ls...................................................................
2


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

STATE BANKING DEPARTMENT.

10

No. 233.
FIRST STATE BANK OF ALMA, ALMA.
Organized June 15, 1901.
A.

W.

W e ig h t , P r e s id e n t

D i r e c t o r s .—

;

W.

S.

T u k c k , V ic e P r e s i d e n t

A W. W right, W. S.

T u rc k ,

Resources.
%
Loans and disco u n ts.................................................

;

E ly

B r e w b a k e r , C a s h ie r .

G. S. W ard, L. A. S harp, Ely B rew baker.

R eport of
Jan. 22.

,

■

Report of
March 28.
-

R eport of
June 9.

R eport of
Sept. 6.

5135,928 19

—.........
5138,0S5 19

SI 55,858 64

$158,517 6?

Ronds mortgagp.s and securities...........................

61,071 99

67,741 99

66,172 99

69.572 99

O re rd ra fts...................................................................

6.36 18

91 79

692 22

234 16

500 00

500 00

500 00

500 00

231 81

200 00

317 29

65 96

37,009 49

87,484 87

32,892 28

34,921 60

7,319 00

-

Ranking' house
F u rn itu re and fix tu res.............................................
Due from other banks and bankers (not reserve
cities)..
.
............................................
Item s in tr a n s it..........................................................
United States bonds ...............................................
Due from banks in reserve cities...........................

750 00
U. S. and N ational bank currency........................

13,197 00

10,204 00

S,02S 00

Gold co in ................ .....................................................

1,180 00

1,752 50

2.3S0 00

730 00

Silver co in ...................................................................

2,461 70

1,700 25

1,900 15

1,903 35

Nickels and c e n ts......................................................
Checks, cash, items and internal revenue ac­
count ................................ ». . . ...............................
Totals ..
Liabilities.
Capital stock paid i n ................................................

94 67

122 6S

169 29

198 36

196 27

1,400 70

2,757 04

2,541 01

5303,257 60

5309,233 97

$271,667 90

$276,504 06

$30,000 00

$30,000 00

$30,000 00

$30,000 00

Surplus fu n d ........................... ....................................
Undivided profits, less .current expenses, interest
and taxes p a id .......................................................

10,000 00

10,000 00

10,000 00

13,000 00

1,818 86

3,915 80

5,324 85

1,930 19

Dividends u n p a id ......................................................

24 00

Commercial deposits subject to check.................

101,847 78

101,426 19

65,467 84

65,868 .16

163,911 98

160,875 21

165,705 71

$271,607 90

$276,.504 06

Commercial certificates of d ep o sit........................
Due to banks and b an k ers.........................
Certified checks............................................. ............
Cashier’s checks o u tstan d in g ..................................
Savings dep o sits.........................................................
Savings certificates of dep o sit.................

159,566 96

.......

Notes and bills rediscounted..................................
Bills p ay ab le...............................................................

T o ta ls................ ...................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$303,257 60

5309,283 97

STATE BANKS OF MICHIGAN...

11

No. 169.
ALPENA COUNTY SAVINGS BANK, ALPENA.
Organized April 12, 1894.
P a t r ic k

F r a n k C, H o l m e s , V ic e P r e s i d e n t ; W. A. T r i n c e , C a s h ie r .
C ulligan, F ra n k C. Holm es, Jo h n N icholson, M ichael O 'B rien, S. A.
D avison, D. D. H anover, R obert M ontrose, W. H. Davison, W ill A. Prince,
H erm an Besser, F . L. R ichardson.
C u i .u i g a n , P r e s i d e n t ;

D i r e c t o r s . — P a tric k

,

, f .f

Resources.

R eport of
Jan. 22.

R eport of
March 28.

Report of
June 9.

R eport of
Sept. 6.

Loans and disco u n ts.................................................

960 26

5312,517 22

$410,055 61

$354,748 32

p o n d s m ortgages and securities...........................

158,564 70

154,233 27

163,546 09

267,594 58

Prem ium s paid on bonds
572 76

lfil 15

364 89

319 09

......................................................

10,500 00

10,500 00

10,500 00

10,500 00

F u rn itu re and fix tu res.............................................

3,000 00

3,000 00

3,000 09

3,000 00

2,085 70

4,226 73

10,341 11

31,276 12

48,581 06

O v erd rafts...................................................................
Banking house

Other real estate
................................
Due 'from otiier banks and bankers (not reserve
cities)..
.
.....................................................
Item s in tr a n s it..........................................................
United States b o n d s.................................................
Due from banks in reserve cities...........................

89,000 34

72,562 15

48,739 71

Exchanges for clearing house............................... .

744 95

1,353 97

1,901 14

6,965 43

U. S. and N ational bank currency ........................

11,992 00

13,208 00

IS,031 00

13,291 00

.........................................................

9,515 00

8,550 00

8,270 00

8,322 50

Silver co in ....................................................................

2,937 50

1,994 30

2,190 00

1,705 00

Nickels and c e n ts......................................................
Checks, cash item s and internal revenue ac­
count ...................................... ..................................
\

283 98

135 87

442 80

175 02

178 55

196 57

723 53

170 16

T o ta ls...................................................................

$557,935 74

1582,639 23

$078,765 88

$616,618 28

Liabilities.
Capital stock paid i n ................................................

$50,000 00

$50,000 00

■
$75,000 00

$75,000 00

Surplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id .......................................................

. 25.000 00

25,000 00

37 500 00

42,500 00

604 39

7,178 95

6,455 76

3.090 39

Dividends u n p a id ......................................................

125 00

Commercial deposits subject to check.................

174,026 71

174,147 28

Commercial certificates of dep o sit........................

1,949 92

2,130 12

Due to banks and b an k ers......................................

32 00

Gold coin . .

408 00

20 00

195,236 13

171,313 23

304 90

456 00

15,126 00

10,314 51

Certified checks..........................................................
Cashier’s checks o u tstan d in g ..................................

5,400 00

Savings dep o sits........................................................

278,847 25

301.390 26

305,172 70

313,005 71

Savings certificates of dep o sit................................

21,949 97

22,786 02

28,562 39

30 288 44

Notes and bills rediscounted..................................
Bills p ay ab le............................... ...............................

T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

! 5,000 00

$557,935 74

$582,639 23

$678,765 88

$646,648 28

12

STATE BANKING DEPARTMENT.

No. 48.
ANN ARBOR SAVINGS BANK, ANN ARBOR.
Organized February 4, 1869.
Reorganized December 9, 1889.
G- h a b i . e s

E. H iscotfK , P r e s i d e n t ; W m . D. HASRlMAif, V ic e P r e s i d e n t ; M. J. F r i t z , tfa s K ie r.
D avid liinsey, Wm. D. H a rd m a n , C harles H. W orden, C harles E. Hiscock, M. J.
F ritz , W a lte r C. Mack.

D i r e c t o r s .—

Resources.

R eport of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

*472,462 87

$534,240 60

$528,147 23

$536,858 32

Bonds, m ortgages and securities...........................

1,14?,839 31

1,149,761 43

1,160,030 18

1,190,680 8t

Prem ium s paid on b o n d s.........................................

10,535 80

9,508 80

9,508 80

'8,045 66

O v erd ra fts...................................................................

1,502 80

5,077 03

4,907 11

3,465 17

Banking h o u se............................................................

30,000 00

30,000 00

30.000 00

39;000 06

R eport of
Sept.. 6.

F u rn itu re and fix tu res.............................................

6,417 32

6,417 32

6,417 32

6,417 32

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
c ities)........................................................................

45,009 67

46,430 71

43,930 71

38,599 71

..............

Item s in tr a n s it..........................................................
United S tates b o n d s.................................................

12,000 00

12,900 00

12,000 00

12,000 00

Due from banks in reserve citie s...........................

202,826 62

101,064 76

130,627 03

118,836 48

Exchanges for clearing h o u se.................................

425 25

1,823 82

1,157 68

774 34

U. S. and N ational bank currency ........................

75,288 00

82,531 00

77,158 00

59,391 00

Gold c o in .....................................................................

55,372 50

54,145 00

54,690 00

54,060 00

Silver c o in ...................................................................

9,500 00

8,800 00

6,800 00

3,100 00

134 24

130 87

203 43

224 50

671 70

1,368 0!

1,506 44

90'5 17

T o ta ls...................................................................

$2,069,986 08

$2,043,349 40

$2,117,088 93

$2,063,268 48

Liabilities.
Capital stock paid i n ................................................

Nickels and c e n ts....................................................
Checks, cash item s and internal revenue ac­
count ......... ..............................................................

$50,000 00

$50,000 00

$50,000 00

$50,000 66

Surplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id .......................................................

150,000 00

150,000 00

1,50,000 90

150,000 00

34,531 07

46,313 38

57,086 94

Dividends u n p a id ......................................................

513 67

282 00

577 00

Commercial deposits subject to ch eck .................

313,669 33

273,550 90

276,891 19

233,610 76

22,664 42

24,651 57

33,955 24

25,687 09

10 00

500 00

500 00

500 00

Savings d ep o sits........................................................

1,400,553 46

1,393,852 33

1,440,375 66

1,458,352 03

Savings certificates of d ep o sit................................

98,044 1,3

104,199 22

102,702 90

94,707 30

$2,069,986 08

$2,043,349 40

$2,117,088 93

$2,003;268 48

.

49,959 30
452 00

Commercial certificates of d ep o sit.........................
Due to banks and b an k ers............................. .. . .
Certified ch eck s.............
Cashier’s checks o u tstan d in g ..................................

Notes and bills red iscounted..................................
Bills p a y ab le...............................................................
T o ta ls...............................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

STATE BANKS OF MICtilQAK
No,

13

as.

FARMERS AND MECHANICS’ BANK, ANN ARBOR.
Organized October 13, 1882,.
R bub # ^ RiBMPB'j P r e s i d e n t ; W. C. S t e .v en h , 1Zjfier P r e $ id f in t; F.k e p b r ic k II. B e l s e u , C a s h i e r ;

II. A. W i l l i a m s , A s s i s t a n t ' C a s h ie r t
C. Stevens, Ambrose Kearney, Wm. F. Breakey, D. Fred Schalrer, Reuben
Kempt, Junius E. Beal, G. Frank Allmeinlinger, Oliver M. M artin, H. G. Prettym an.
.
R eport of
R eport of
R eport of
R eport of
March 28.
Sept. 6.
Jan.
22.
Ju n e 9.
Resources.
’

D i r e c t o r s . — Wm.

sjjid disco u n ts.................................................

$37S,400 51

$371,910 86

$385,555 99

$392,356 76

B o n d s m o rtg ag e s and securities...........................

350,346 99

382,153 13

384,831 20

408,216 58

P rem iu m s paid on b o n d s.........................................

900 00

900 00

900 00

800 00

O v erd rafts...................................................................

1,361 46

1,961 41

360 52

1,134 25
25,000 00

......................................................

25,000 00

25,000 00

25,000 00

F u rn itu re and fix tu re s ..................................................

4,500 00

4,500 00

4,500 00

4,500 00

Other real e s ta te .......................................................
Due from other banks and bankers (not reserve
cities)
........

2,203 00

2,203 00

2,203 00

8,203 00
2,702 25

B anking house

Item s in tr a n s it..........................................................

10,205 64

13,265 03

4,377 55

United S tates b o n d s.................................................

9,660 00

9,660 00

9,660 00

9,780 oo

Due from banks in reserve cities...........................

74,238 08

88,t)40 60

71,297 01

81,462 90

Exchanges for clearing house.................................

707 28

1,637 22

5,251 50

1,011 38

U. S. and N ational bank currency ........................

19,032 00

9,408 00

11,311 00

5,227 00

Gold coin

........................................

30,020 00

29,945 00

30,919 80

31,995 00

Silver c o in ...................................................................

5,310 85

2,987 90

4,211 70

2,572 45

.340 67

■359 09

270 62

626 97

637 77

173 20

570 41

76 95

T o ta ls...................................................................

$912,864 25

$944,104 44

$941,220 30

$976,295 55

Liabilities.
Capital stock paid i n ................................................

$50,000 00

$50,000 00

$50,000 00

$50,000 00

50,000 00

50,000 00

50,000 00

50,000 00

8,302 51

10,122 40

10,613 97

11,314 44

Nickels and c e n ts......................................................
Checks, cash item s and internal revenue ac­
count ........................................................................

Surplus fu n d ...............................................................
U ndivided profits, less current expenses, interest
and taxes p a id ................................................... ..,
...........................

165 00

Commercial deposits subject to check.................

159,689 00

158,658 16

157,854 30

193,604 13

Commercial certificates of d ep o sit........................

151,177 24

158,191 93

152,974 40

158,299 24

D ue to banks and b an k ers......................................

22,085 08

29,995 26

21.524 49

18,666 78

D iv id en d s u n p a id

Certified ebeeks

Cashier’s checks o u tstan d in g ..................................

128 05

1,168 51

2,078 56

950 19

Savings d ep o sits........................................................

471,317 37

485,968 18

496,174 58

493,454 77

$912,864 25

$944,104 44

$941,220 30

Bav ingS certificates of d ep o sit

Bills payable

T o ta ls


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

........................................

$976,295 55

14

STATE BANKING DEPARTMENT.
No. 144.
STATE SAVINGS BANK OF ANN ARBOR, ANN ARBOR.
Organized November 18, 1892.
W. J.

W m , A r n o l d , V ic e P r e s i d e n t ; C. J o h n W a l z , J e ., C a s h i e r . '
-H aarer, W illiam J. Booth, Jo h n V, Sheehan, Wm. A rnold, Jam es IJ. W ade.
Jo h n Koch, C h ristia n M artin, N. J. Kyer, H enry S. C a rh a rt, V. C. V aughan,.
F ra n k P . G lazier, E ugene F. Mills.
B o o t h , P r e s id e n t;

D i r e c t o r s .— Jo h n

Resources.
Loans and disco u n ts.................................................
"R onds

m ort^a^os and securities. .

R eport of
Jan. 22.

R eport of
March 28.

R eport of
Ju n e 9.

R eport of
Sept. 6.

$293,987 01

$302,109 82

$353,578 21

$334,807 14

298,167 97

307,992 97

317,242 97

335,520 47

Prem ium s paid on b o n d s.........................................
O v erd ra fts...................................................................

590 63

473 87

15 99

135 94

Banking h o u se............................................................

25,000 00

25,000 00

25,000 00

25,000 00

F u rn itu re and fix tu res..............................................

7,000 00

7,000 00

7,000 00

7,000 00

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities) ........................................................................
Item s in tr a n s it..........................................................

9,158 38

8,819 47

6,531 11

3,799 91

U nited S tates b o n d s.................................................
Due from banks in reserve cities...........................

149,182 45

93,435 68

97,021 83

Exchanges for clearing h o u se.................................

290 15

570 64

565 39

921 80

U. S. and N ational bank currency........................

25,206 00

22,726 00

20,838 00

17,226 00

54,477 24

Gold co in .....................................................................

20,075 00

18,482 50

17,599 40

17,850 00

Silver co in ............................................ .......................

1,723 55

1,107 50

2,801 60

1,696 50

Nickels and c e n ts.....................................
Checks, cash item s and internal revenue ac­
count ........................................................................

257 57

343 09

101 21

273 95

103 65

97 31

82 50

30 11

5828,418 09

±07 7 f

T o ta ls...................................................................

\

A 7 7 01

$803,758 62

f

^Liabilities.
C apital stock paid i n ......................................
Surplus f u n d ................................................
U ndivided profits, less current expenses, interest
and taxes p a id .............................................
D ividends u n p a id ................................................
Commercial deposits subject to check .............
Commercial certificates of d ep o sit..............

$50,000 00

$50,000 00

$50,000 00

$50,000 00

15,000 00

15,090 00

15,000 00

20,000 00

20,226 SO

21,377 16

21,728 56

18,163 S5

144,091 63

168,603 25

120,324 42

87 00
185,608 25
’

Due to banks and b an k ers....................................
Certified checks..................................................
Cashier’s checks o u tstan d in g ..................... . . .
Savings d ep o sits.......... . . . j . . . . . . .‘ .

465,377 83

474,604 17

511,684 15

522,163 53

Savings certificates of dep o sit.............

92,118 21

80,424 80

78,661 05

73,100 82

$828,41S 09

S78S.497 76

$845,677 01

$803,758 62

Notes and bills rediscounted................... *
Bills p a y a b le .... .................... •...............
T

o

t a

l s
‘


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

.“. . . ; .............

STATE BANKS OF MICHIGAN.

15

No. 228.
ARMADA SAVINGS BANK, ARMADA.
Organized February 13, 1901.
G e o r g e II. I I e b b l e w i i i t e , V ic e P r e s i d e n t ;
J. E. M a c a u l a y , C a s h ie r .
D i r e c t o r s . — George II. Ilebblewhite, John L. Preston, Frank E. Lathrop, Bert C. Preston,
James II. MacDonald.
B ert

C.

P r e s t o n , P r e s id e n t;

' '

R eport of
Jan. 22.

Resources.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

R oans and d is c o u n ts .................................................

$75,098 18

$79,034 31

$78,222 15

$78,845 17

R onds m o rtg ag es and s e c u ritie s ..............................

85,070 00

84,570 00

85,120 00

83,020 00

............................................................

415 58

302 75

65 23

34 07

R an k in g house ...............................................................

3,700 00

3,700 00

3,700 00

3,700 00

F u rn itu re and fix tu re s ..................................................

2,000 00

2,000 00

2,000 00

2,000 00

O v e rd ra fts .

O th e r real e s ta te

......................................................

Due from other banks and bankers (not reserve
cities)

.................................................

Ite m s in tra n s it

350 70

.........................

U nited S ta te s b o n d s

2 050 93

..................................................

18,114 68

27,511 92

13,940 86

TT S and N atio n al R an k C u rre n c v .........................

5,004 00

3,783 00

6.486 00

7,808 00

Gold co in ..

.......................................................

2,000 00

2,000 00

2,150 00

2,355 00

Silver co in ...................................................................

One. from h a n k s in reserv e c itie s .............................

15,048 44

E x ch an g es for clearin g house,...................................

1,113 50

914 50

1,307 15

939 55

Nickels and c e n ts......................................................
Checks, cash item s and internal revenue ac.........................
count

142 52

159 06

84 81

83 31

T o ta ls...................................................................

$193,258 46

$204,326 24

$194,463 47

$195,884 47

Liabilities.
Capital stock paid i n ................................................

$25,000 00

$25,000 00

$25,000 00

$25,000 00

1.000 00

1,000 00

1,000 00

1,200 00

3.648 16

5,203 46

5,318 62

4,513 85

Surplus f u n d .................................................. ............
Undivided profits, less current expenses, interest
and taxes p a id ........................................................

1,387 27

................................

24 00

Commercial deposits subject to check .................

18,840 05

23,953 22

24 100 71

24,819 54

Savings d ep o sits........................................................

134,012 80

135,612 81

128,209 04

123,740 98

Savings certificates of dep o sit................................

10,733 45

13,556 75

10,835 10

12,610 10

D iv id en d s u n p a id .

.

C om m ercial certificates of d e p o s it. .

Due to banks and b an k ers......................................
C ertified c h e c k s . .
C ash ier's checks o u ts ta n d in g . . .

.

Notes and bills rediscounted..................................
Bills p ay ab le............

4.000 00

..........................................

-------------- 1-------------------------------T o ta ls....... .. .. .............................. .............. .. .


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$193,258 46

$204,326 24

$194,463 47

$ 195,884 47

1$

STATE BANKING DEPARTMENT.
No. 213.
ATHENS STATE AND SAVINGS BANK, ATHENS.
Organized April 15, 1899.

II.

M a t . D o u b l e d a y , P r e s i d e n t : I . E . W e b l s , V ic e P r e s i d e n t ; C h a s . A . S t a n d i f o r d , C a s h ie r ,

D i r e c t o r s . — II.

Mat. Doubleday, S. W. Holmes, I. E. Wells, J. F. Culp, W. M. Albertson,
Chas. A. Standiford, A. II. Harrison.
R eport of
Jan, 22.

Resources.

R eport, of
March ‘28.

R eport of
Juhe 9.

R eport of
Sept. 6.

Loans and disco u n ts.................................................

$79,037 40

$85,299 19

$82,904. 31

$85,180 03

Bonds m ortgages anil securities...........................

23,224 00

25,894 00

35,569 00

37,082.00

Prem ium s paid

bonds

.................................

.......................................................

3,419 70

2,770 10

5,486 82

3.829 83

"Ranking h o u se............................................................

3,000 00

3,000 00

3,000 00

3,000 00

F u rn itu re and fix tu res.............................................

1,975 00

1,975 00

1,975 00

1,975 00

1,312 92

8S7 01

090 93

2,537 09

20,441 15

19,915 49

14,080 74

7,449 09

TT S and National hank currency........................

3,794 00

4,285 00

3,224 00

1 104 00

Gold coin

.........................................................

3,425 00

3,020 00

3,805 00

3,655 00

Silver co in ...................................................................

703 85

807 95

1.420 50

1,095 05

Nickels and c e n ts......................................................
Checks, cash item s and internal revenue account
...............................................................

99 38

90 41

40 60

94 24

1,555 50

413 20

874 72

953 27

T o ta ls...................................................................

$142,040 80

$148,903 41

$153,077 02

$147,955 80

. Liabilities
Capital stock paid i n ................................................

$15,000 00

$15,000 00

$15,000 00

$15,000 00

5,000 00

5,000 00

5,000 00

5,000.00

003 03

1,052 28

246 68

O verdrafts

52 90
n th ^ r real estate
. , , ...................
Due from other banks and bankers (not reserve
...........................................................
cities)
Item s in transit,

*

..............................

United States honds
"Due from hanks in reserve cities...........................
Fxchanges for clea.ring house

Surplus f u n d ...............................................................
Undivided profits, less current expenses, interest
and taxes paid ...................................................
Dividends unpaid

525 00

75 00

Commercial deposits subject to check .................

32,785 05

29,350 33

24,587 72

26,005 49

Commercial certificates of d ep o sit........................

88,730 81

98,875 05

107,437 62.

101,703 63

$142,040 80

$148,963 41

$153,077 62.

$147,955 80

Due |o hanks and hankers
Certified checks
Cashier’s checks outstanding
Savings deposits
Savings certificates of deposit
Notes and hills rediscounted
Rills, payable

T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

17

STATE BANKS OF MICHIGAN.
No. 236.
STATE BANK OF FRANK W. HUBBARD & CO., BAD AXE.
Organized July 10, 1901.
W . H u b b a r d , P r e s i d e n t ; J o h n R y a n , V ic e P r e s i d e n t a n d C a s h ie r ;
W i l l a r d V a r t y , A s s i s t a n t C a s h ie r .

F rank

D i r e c t o r s .— Frank

W. Hubbard, Elizabeth L. Hubbard, John Ryan, Maggie Ryan,
Harry H. Simpson.

Resources.

L 0ans find disco u n ts.................................................
Bonds m ortgages and sp.i'.nritifts..................... ..

R eport of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

$160,660 94

$159,509 60

$168,945 16

$172,207 20

32,689 10

22,918 15

25,476 43

27,583 75

2,115 30

355 12

1,254 84

499 74

11,083 96

11,148 76

11,148 76

11,000 00

n tlio r rPil.l P fit.fl.t.P
.......................................................................................
Due from other banks and bankers (not reserve

11,453 47

11,453 47

11,453 47

11,453 47

2,033 79

43 03

162 70

1,615 70

L ne from banks in reserve cities.................. !r. ..

15,888 11

23,825 49

29,797 19

20,088 84

8,367 65

1,371 35

3,830 00

5,840 00

6,532 00

11,078 00

O verdrafts

.....................................................

Banking house

............ ♦ » .......................

648 76

U S ant) N ational Rank C urrencv .......................

4,214 24

f^Jr»1d coin

.....................................................

1,205 00

1,545 00

190 00

315 00

Silver r»nin

. . . .............................................

1,550 00

1,823 00

1,350 00

325 00

^TioVpIc and ppn t.s
...........................................
Checks, cash item s and internal revenue account
...................................................................
T otals

..............................................................

Liabilities.
Capital st^ek pa,id i n ................................................
Surplus fund
..........................................................
Undivided profits, less current expenses, interest
and taxes pa,id ............................................ ..........

122 28

125 84

117 95

97 74

1,916 23

1,343 26

229 08

735 52

$252,915 83 .

$241,302 07

$256,657 58

$261,862 96

$30,000 00

$30,000 00

$30,000 00

$30,000 00

6,378 62

6,378 62

6,378 62

8,890 43

942 54

1,839 55

2,492 61

759 76

Commercial deposits subject to check .................

122,976 04

113,644 37

128,502 93

123,972 46

Commercial certificates of d ep o sit........................

90,009 12

88,992 02

86,897 67

95,300 22

Due to banks and b an k ers......................................

2,609 51

447 51

2,385 75

2,940 09

$241,302 07

$256,657 58

$261,862 96

Certified cheeks
Savings deposits

................... ................
.........................................

gg^yjngs certificates of deposit,................................
Notes and bills rediscounted...................................
Bills payable

................................

T o ta ls...................................................................

3

https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

4

$252,915 83

18

STATE BANKING DEPARTMENT.
No. 237.
STATE SAVINGS BANK OF BAD AXE, BAD AXE.
Organized June 22, 1901.

A.

E.

Sleeper,

P r e s id e n t; A.

D i r e c t o r s .— A.

L . W e i g h t , V ic e P r e s i d e n t ; J a m e s
J a p h e t h H i n d , A s s i s t a n t C a s h ie r .

B a l d w in ,

C a s h ie r ;

E. Sleeper, A. L. W rig h t, Jam es B aldw in, C lara B aldw in,
C harles D. Thom pson.
R eport of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

Loans and disco u n ts......................

894,161 14

$99,803 04

$112,742 03

$114,953 63

Bonds, m ortgages and securities.

19,149 94

21,390 45

20,546 32

20,096 32

Resources.

R eport of
Sept. 6.

Prem ium s paid on b o n d s.............
O v erd rafts.......................................

7 23

55 30

6 49

10 98

Banking h o u se................................

6,900

00

0,900 00

6,900

00

6.900

00

F u rn itu re and fix tu res..................

1,100

00

1,100

1,100

00

1,100

00

O ther real e s ta te ...................................................
Due from other banks and bankers (not reserved
cities) ...................................................................

878 02

00

878 02
2,400 00

878 02
2,400

885 27

00

Item s in tr a n s it................................
United S tates b o n d s........................
Due from banks in reserve cities..

54,704^59

55,379 90

27,217 71

31,251 34

Exchanges for clearing house........

38 39

79 19

103 20

2,566 11

3,120 00

2,155 00
1,070 Ò0

U. S. and N ational bank currency.

5,796 00

2,072 00

1,080 00

1,065 00

1,025 00

Silver co in ......................................

881 10

1,623 10

899 70

46Ô 25

Nickels and c e n ts............................................ ..........
Checks, cash item s and internal revenue ac­
c o u n t................. .............. ..................................... ..

124 31

217 25

292 97

317 41

549 80

716 58

27 70

432 IO

$185,370 52

$193,679 83

$177,259 14

$182,203 41

$25,000 00

$25,000 00

$25,000 00

Gold co in ............................................

T otals.
Liabilities.
Capital stock paid i n ..............
Surplus fund...........................................................
Undivided profits, less current expenses, interest
and taxes p a id ...................................................

3,200 00
2,985 40

3,600 00
1,266 28

4,000

$25,000 00
00

488 12

4,000 00
1,947 50

Dividends u n p a id .....................................
Commercial deposits subject to check.

40,148 73

54,423 14

39,704 67

29,863 11

Commercial certificates of dep o sit........

114,036 39

109,390 41

108,066 35

121,392 SO

$185,370 52

$193,679 83

$177,259 14

$182,203 41

Due to banks and b an k ers.....................
Certified checks.........................................
Cashier’s checks o u tstan d in g .................
Savings d ep o sits................ ......................
Savings certificates of dep o sit...............
Notes and bills rediscounted.................
Bills p ay ab le..............................................

T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

STATE BANKING DEPARTMENT.

20

No. 93.
CITY BANK, BATTLE CREEK.
Organized June 14, 1871.
C h a s . T . A l l e n , P r e s i d e n t ; W . T l. E l d r e d V ic e P r e s i d e n t ; F r e d e r i c k A . A l l w a r d t , C a s h ie r ;
N. Y. G r e e 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 .— Chas. T .

Allen, W illard H . E ldred, J. R . H all,
Robt. B inder, M aier M aas.

Resources.

R eport of
Jan. 22.

Loans and discounts.................................................. $1,040,593 15
y
204,671 30
Bonds, m ortgages and securities...........................

L.

A. Dudley,

R eport of
March 28.

F.

R eport of
June 9.

R.

K ingm an,
R eport of
Sept. 6.

$992,419 29

$977,771 88

$926,795 65

211,817 90

213,018 33

216,118 33

22,110 84

27,241 16

20,852 70

9,367 03

F u rn itu re and fix tu res.............................................

6,773 22

7,773 22

7,188 71

13,468 77

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities) 11
. . TTt T. . . . r ....................................

1,500 00

1,500 00

1,500 00

1,500 00

9 05

176 19

Prem ium s paid on b o n d s.........................................
O v erd rafts...................................................................
Ranking h o u se............. .............................................

6 50

Item s in tra n sit,,........................................................

1,127 75

United States b o n d s.................................................
35,236 72

80,003 27

34,928 82

U. S. and N ational b ank currency ........................

49,716 00

50,778 00

49,876 00

34,024 00

Gold co in .....................................................................

12,472 50

10,392 50

30,565 00

26,740 00

Silver co in ...................................................................

7,360 70

5,447 80

8,607 25

6,254 10

460 72

343 64

385 16

737 87

6,180 49

9,786 14

11,128 32

6,913 01

T o ta ls...................................................................

$1,387,075 64

$1,397,518 47

$1,355,998 36

$1,316,411 60

Liabilities.
Capital stock paid i n ................................................

$50,000 00

$50,000 00

$50,000 00

$50,000 00

65,000 00

65,000 00

65,000 00

65,000 00

11,132 91

12,491 31

4,609 20

9,682 58

Due from banks in reserve cities...........................

73,365 09

Pbrchanges for clearing b ouse.................................

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue ac­
count .........................................................................

S urplus fu n d ...............................................................
U ndivided profits, less current expenses, interest
and taxes p a id ........................................................
Dividends u n p a id ......................................................
Commercial deposits subject to check ..................

210,397 63

249,057 69

223,514 24

198,193 99

Commercial certificates of dep o sit.........................

20,570 29

26,902 76

17,472 47

19,330 22

Due to banks and b an k ers......................................

4,638 55

2,822 93

2,073 88

2,383 29
2,125 30

Certified checks..........................................................
Cashier’s checks o u tstan d in g ..................................
925,336 26

916,243 78

918,328 57

919,696 22

Bills p ay ab le...............................................................

100,000 00

75,000 00

75,000 00

50,000 00

T o ta ls...................................................................

$1,387,075 64

$1,397,518 47

$1,355,998 36

$1,316,411 60

Savings d ep o sits.........................................................
Savings certificates of d ep o sit................................
N otes and bills rediscounted ..................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

21

STATE BANKS OF MICHIGAN.
No. 178.
MERCHANTS’ SAVINGS BANK, BATTLE CREEK.
Organized March 28, 1895.
M . M i n t y , P r e s i d e n t ; S c o t t F i e l d , V ic e P r e s i d e n t a n d C a s h ie r ;
’ H. A. R o w l e s , A s s i s t a n t C a s h ie r .

A m brose

M. Minty, Scott Field, Frank Turner, Isaac Amberg, R. F. Hoffmaster.

D i r e c t o r s .__ A .

Resources.

R eport of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

$236,345 95

$244,791 33

$261,611 66

$269,274 88

299,406 49

307,631 00

306,838 80

300,976 67

................... ............ •. •

313 13

841 25

1,581 00

288 98

Othpr real estate
..............................................
Due from other banks and bankers (not reserve

12,000 00

12,000 00

12,000 00

12,000 00

................................................

980 63

466 60

265 25

1,083 03

One from banks in reserve cities...........................

42,239 84

69,617 82

59,423 79

60,682 88

I oans and disefmnt.s

........ ........................... ..

Bonds mortgages and securities.................

Overdraft«*

jtpm s in transit,

888 73
16,028 00

15,244 00

19,914 00

19,679 00

Gold coin

...............................................

24,145 00

18,490 00

17,100 00

11,195 00

Silver coin

.................................................

2,878 70

1,389 00

3,868 00

1,682 00

247 47

123 41

451 86

186 35

4,369 22

362 09

3,170 59

TT

arid National hank currency........................

XTinkpls and cents
...........................................
Checks, cash item s and internal revenue ac-

...................................................

$635,473 94

$674,963 63

$683,416 45

$680,219 38

Liabilities.
Capital stock paid i n ................................................

$50,000 00

$50,000 00

$50,000 00

$50,000 00

10,000 00

10,000 00

10,000 00

10,000 00

10,449 37

12,073 93

17,641 95

14,729 38

Totals

»Surplus fund
........................................... ..
U ndivided profits, less current expenses, interest
and taxes paid ....................................................

30 00
Commercial deposits subject to c h e c k .................

76,709 54

82,367 15

90,784 03

90,021 15

Commercial certificates of dep o sit.........................

16,164 06

23,881 88

26,392 98

18,134 18

One to hanks and h an k ers......................................

3,201 65

4,860 39

5,667 24

2,980 21

Savings dep o sits.........................................................

468,919 32

491,780 28

482,930 25

494,354 46

T o ta ls...................................................................

$635,473 94


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$674,963 63 1 $683,416 45 i
!

$680,219 38

STATE BANKING DEPARTMENT.

22

No. 63.
BAY CITY BANK, BAY CITY.
Organized September 4, 1871.
G eorge

1
H.

i
Y o u n g , P r e s id e n t;

r:\

J.

W e n t w o r t h , V ic e P r e s i d e n t ;

H. C.

M o u l t h r o p , C a s h ie r .

D i r e c t o r s .— George

H. Young, A. McDonell, J u s tin W entw orth, Alvin l ’eter, F rem ont P>.
Chesbrough, George K. W entw orth, F. E. T yler, Wm. A. Young.

Resources.

R eport of
Jan. 22.

R eport of
Sept. 6.

R eport of
June 9.

R eport of
March 28.
1

_

1

Loans and d isc o u n ts........... , .................................

$641,500 26

$657,741 02

$1,008,016 20

$999,450 71

Bonds, m ortgages and securities...........................

831,704 38

818,538 98

495,874 75

507,280 93

Prem ium s paid on b o n d s.........................................

14,120 82

14,369 32

13,000 00

13,799 74

O v erd rafts....................................................................

3,572 46

4,055 88

7,812 08

1,308 88

F u rn itu re and fix tu res..............................................

7,000 00

7,000 00

7,000 00

7,000 00

Due from other banks and bankers (not reserve
c itie s )......... .............................................................

2,123 24

2,249 70

849 56

1,212 92

U nited States b o n d s ............ . . . . . ............................

13,720 00

13,720 00

23,720 00

23,720 00

D ue from banks in reserve cities...........................

341,002 12

365,437 20

301,400 83

311,953 67

E xchanges for clearing h o u se .................................

3Ì858 40

13,008 88

2,441 01

10,736 87

U. S. and N ational b ank currency........................

99,924 00

74,728 00

84,769 00

65,376 00

Gold co in ......................................................................

47,440 00

44,490 00

47.230 00

44,052 50

Silver co in ....................................................................

12,117 54

6,012 65

7,869 85

8,713 20

Nickels and c e n ts....................................... i ............
Checks, cash item s and internal revenue acc o u n t.........................................................................

656 32

643 21

586 23

814 86

1,738 13

196 64

1)1 05

2,010 33

T o ta ls...................................................................

$2,020,543 67

$2,022,191 48

$2,000,087 16

$1,997,400 61

Liabilities.
C apital stock paid i n .................................................

$150,000 00

$150,000 00

$150,000 00

$150,000 00

Surplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id ........................................................

50,000 00
i
-59,595 43

50,000 00

100,000 00

100,000 00

67,950 97

10,988 59

21,304 05

D ividends u n p a id ......................................................

92 00

Commercial deposits subject to check..................

246,092 73

254,470 78

243,605 73

240,630 81

Commercial certificates of d ep o sit.........................

305,797 97

277,841 58

272,182 08

250,872 60

Due to banks and b an k ers......................................

28,938 96

35,485 90

27,981 46

19,646 79

Certified checks..........................................................

1,952 57

1,311 80

358 70

4,489 02

1,178,074 01

1,185,130 45

1,195,570 60

1,210,547 34

82,020,543 07

$2.022,191 48

$2,000,687 16

$1,997,490 61

Cashier’s checks o u tstan d in g ..................................
Savings d ep o sits.........................................................
Savings certificates of dep o sit................................
Notes and bills red iscounted..................................
Bills p a y ab le ...............................................................
T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

STATE BANKS OF MICHIGAN.
.Y

23

No. 43.
.. 7

7 ,,V

r

:

BAY COUNTY SAVINGS BANK, BAY CITY.
Organized February 1, 1884.
T homas

C r a n a g e , P r e s i d e n t ; H . M . G i l l e t t , V ic e P r e s i d e n t ; J o h n M u l h o l l a n d , T r e a s u r e r .

D i r e c t o r s .— T hom as

C ranage, N. A. Eddy, H. M . G illett, G ustaves H ine, F red T. N orris,
Geo. D. Jackson, Jo h n M ulholland.

Resources.

Report of
Jan. 22.

Report of
March 28.

Report of
June 9.

R eport of
Sept. 6.

L o an s a n d d is c o u n ts .................................................

$403,854 92

8424,289 00

$419,912 78

$358,530 94

B o n d s, m o rtg ag e s and s e c u ritie s ..............................

237,927 52

252,402 52

262,710 09

312,085 09

Premiums paid on bonds.........................................

1,711 05

2,123 55

2,123 55

3,323 55

Overdrafts...................................................................

57 76

131 64

171 39

185 73

13,078 15

13,078 15

'
13,078 15

13,078 15

Banking house............................................................
Furniture and fixtures.............................................
Other real esta te.............................. .........................
Due from other banks and bankers (not reserve
cities)............................................................. •.........

......................

Items in transit........: ................................................
United States bonds.................................................
Due from banks in reserve cities...........................
.
t -\
:. v.
Exchanges for clearing house.................................

116,817 79

90,480 91

......................
97,413 63

583 00

815 30

2,892 81

7,926 11

U. S. and National bank currency........................

33,108 00

32,393 00

32,241 00

34,919 00

94,527 80

Gold coin.....................................................................

9,465 00

9,365 00

9,380 00

9,675 00

Silver coin....................................................................

817 50

1,115 60

888 30

576 25

N ickels and cen ts

125 01

96 20

95 36

70 56

Checks, cash items and internal revenue ac­
count .........................................................................

Totals...................................................................

5817,546 30

5826,290 87

8840,907 06

$834,898 18

.
Liabilities.
Capital stock paid in ................................................

550,000 00

850,000 00

$50,000 00

550,000 00

Surplus fund...............................................................
Undivided profits, less current expenses, interest
and taxes paid.......................................................

25,000 00

25,000 00

25,000 00

25,000 00

4,966 24

9,676 16

12.1S3 84

9,757 31

Dividends unpaid......................................................

25 00

Commercial deposits subject to check.................

99,891 75

79,896 20

88,462 24

83,494 93

9,429 82

9,440 32

Savings deposits.........................................................

559,354 18

582,945 70

595,861 73

598,530 47

Savings certificates of deposit................................

68,879 31

69,332 49

69,399 25

67,766 62

5817,546 30

$826,290 87

$840,907 06

$834,898 18

Commercial certificates of deposit.........................
Due to banks and bankers......................................
Certified checks..........................................................

348 85

Cashier’s checks outstanding..................................

Notes and bills rediscounted..............................
Bills payable...............................................................

T otals...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

STATE BANKING DEPARTMENT.

24

No. 30.
THE COMMERCIAL BANK, BAY CITY.
Organized August 15, 1888.
Charles

R.

H a w ley ,

P r e s id e n t; C h a r l e s
J am es

R.

W a tro us,

C.

W h it n e y ,

V ic e P r e s i d e n t ;

C a s h ie r .

D i r e c t o r s .— Charles

C. W hitney, Thomas A. E. Weadock, C. R. Hawley, C. C. Barker,
B en jam in Boutell, Robert C. Bialy, John C. Weadock, J. R. Watrous, Guy H. Moulthrop.
Resources.

R eport of
Ja n . 22.

R eport of
M arch 28.

Loans and discounts.................................................

$463,389 86

$476,656 08

$462,991 37

$445,916 70

Bonds, m ortgages and securities...........................

84,380 00

84,577 00

79,527 00

58,127 00

93 26

927 76

171 17

54 62

R eport of
June 9.

R eport of
Sept. 6.

Prem ium s paid on b o n d s.........................................
O v erd rafts...................................................................
Banking h o u se............................................................
F urn itu re and fix tu res..............................................

6,809 92

6,809 92

6,809 92

6,809 92

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities)......................................................................«

13,086 79

12,477 00

15,057 00

12,057 00

Item s in tr a n s it..........................................................

3,341 62

6,159 48

Due from banks in reserve cities...........................

90,270 66

34,029 74

15,953 40

Exchanges for clearing h o u se.................................

1,409 62

7,401 08

5,777 54

7,691 90

U. S. and N ational b ank currency........................

50,128 00

47,947 00

44,329 25

28,304 00

1,428 40
2,677 76

U nited S tates b o n d s ...............................................
54,263 79

Gold co in .....................................................................

14,245 00

15,175 00

11,890 00

11,890 00

Silver co in ....................................................................

9,314 00

7,660 00

6,085 40

7,252 50

Nickels and c en ts.......................................................
Checks, cash item s and internal revenue ac­
count .........................................................................

399 68

361 50

126 89

252 33

10 78

203 58

163 00

27 50

T o ta ls...................................................................

$736,879 19

$700,385 14

$650,310 34

$635,325 02

Liabilities.
Capital stock paid i n ................................................

$100,000 00

$100,000 00

$100,000 00

$100,000 00

1,000 00

1,000 00

1,000 00

8,000 00

2,744 58

7,608 35

9,475 53

4,136 39

Commercial deposits subject to check.................

354,296 31

297,084 25

237,281 41

183,332 95

Commercial certificates of d ep o sit........................

3,0S0 49

1,408 90

6,204 64

9,958 13

552 23

1,552 23

1,627 23

552 23

Savings d eposits.........................................................

204,593 44

206,246 57

208,206 53

220,834 28

Savings certificates of dep o sit................................

70,612 14

85,484 84

66,515 00

58,511 04

20,000 00

50,000 00

$650,310 34

$635,325 02

Surplus fu n d ...............................................................
U ndivided profits, less current expenses, interest
and taxes p a id ........................................................
Dividends u n p a id ......................................................

Due to banks and b an k ers......................................
Certified checks..........................................................
Cashier’s checks o u tstan d in g ..................................

Notes and bills rediscounted..............................
Bills p ay ab le.........................
T o ta ls...............................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$738,879 19

$700,385 14

25

STATE BANKS OF MICHIGAN.
No. 2.
BELDING SAYINGS BANK, BELDING.
Organized January 15, 1889.
IT . J . L e o n a r d ., P r e s i d e n t ;
D i r e c t o r s .—

A. N.

B e l d i n g , V ic 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 ie r .

A. N. Belding, H. J. Leonard, O. F. Webster, W. P. H etherington, E. E. Fales,
M. M. Belding, Jr., T. Frank Ireland.

Resources.

R eport of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

Roans and disco u n ts. T.............................................

$139,016 59

$151,252 92

$137,190 55

$162,082 92

"Ronds m ortgages and securities............................

18,510 00

17,210 00

17,435 00

23,210 00

O v erd ra fts...................................................................

1,191 87

604 59

185 19

292 03

Ranking h o u se............................ ...............................

7,875 67

7,875 67

7,875 67

7,875 67

F u rn itu re and fix tu res..............................................

1,805 00

1,805 00

1,805 00

1,805 00

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities) .. , , . . r .....................................................

800 00

800 00

800 00

800 00

950 70

25 00

35 00

42,143 05

19,125 18

3,000 00

Due from banks in reserve cities...........................

16,547 01

27,313 98

Rv changes for clearing house
U. S. and N ational b ank currency........................

5,608 00

2,537 00

5,146 00

1,554 00

Gold co in .....................................................................

5,036 00

5,161 00

5,253 50

6,101 00

Silver co in ....................................................................

2,135 75

1,325 20

1,697 60

1,424 80

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue ac­
count .........................................................................

95 86

124 44

75 15

134 42

600 47

177 50

266 21

460 45

T o ta ls...................................................................

$199,222 22

$220,138 00

$219,897 92

$224,900 47

Liabilities.
Capital stock paid i n ................................................

$25,000 00

$25,000 00

$25,000 00

$25,000 00

5,000 00

5,000 00

5,000 00

5,000 00

5,486 60

6,992 10

7,126 73

7,021 61

29,746 31

38,911 80

33,045 01

44,046 72

Savings dep o sits.........................................................

30,436 77

31,979 23

31,573 69

26,443 97

Savings certificates of deposit................................

103,552 54

112,254 87

118,152 49

117,358 17

$199,222 22

$220,138 00

$219,897 92

$224,900 47

Surplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id ........................................................
"Dividends unpaid
Commercial deposits subject to ch eck .................
Commercial certificates of deposit.........................
Due to banks and b an k ers......................................
Certified checks..........................................................

30 00

Cashier’s checks outstanding ................................

Notes and hills rediscounted..................................
Rills payable

T o ta ls...................................................................

4

https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

STATE BANKING DEPARTMENT.

26

No. 159.
PEOPLE’S SAVINGS BANK OF BELDING, BELDING.
Organized May 12, 1893.
E. R.

S p e n c e r , P r e s id e n t;

F r a n k R . C h a s e , V ic e P r e s i d e n t ;
W. L. C u s s e r , A s s i s t a n t C a s h ie r .

M.

A.

R e e d , C a s h ie r ;

E. R . Spencer, L. L. Holmes, B rin to n F. H all, F ra n k R. Cliase, M. A. Reed,
C harles Eddy, L oren C. F ales, Jo h n Greenop, W. H. Locke, G. M. Spencer,
Geo. H. Hoppough, H. L. Page.

D i r e c t o r s .—

Resources.

Loans and d isc o u n ts............
Bonds, m ortgages and securities.

R eport of
Jan. 22.

R eport of
March 28.

R eport of
Sept. 6.

R eport of
Ju n e 9.

$194,265 77

$202,765 05

$218,078 90

$202,055 17

62,588 85

62,037 05

61,425 59

72,974 42

Prem ium s paid on b o n d s.............
444 30

865 20

1,280 79

1,348 94

Banking ho u se. ..............................

8,000

00

8,000

00

8,000

00

8,000

F u rn itu re and fix tu res..................

3,125

00

3,125 00

3,125

00

3,125

00

O ther real e s ta te ,.....................................................
Due from other banks and bankers (not reserve
cities)........................................ ...............................

7,000

00

7,000 00

7,000

00

7,000

00

O v erd rafts........................................

Item s in tr a n s it................................

00

1,293 00
1,035 39

41 42

42,136 54

18,362 10

17,840 39

671 92

2,081 79

1,892 71

801 04

U nited S tates b o n d s........... ...........
Due from banks in reserve cities..

24,002 93

Exchanges for clearing house........
U. S. and N ational b ank currency.

9,784 00

11,064 00

5,768 00

0,750 00

Gold co in ............................................

6,234 50

6,447 00

6,839 50

4,849 50

Silver co in ..........................................

2,082 05

925 10

2,934 05

2.711 40

"329 61

294 12

851 27

644 01

Nickels and c e n ts....................................... ..........
Checks, cash item s and internal revenue ac­
count ....................................................................
T o ta ls.
Liabilities.
Capital stock paid i n ...............

868 70

I

213 60

$319,526 75

$347,039 57

$340,064 13

$328,755 22

$35,000 00

$35,000 00

$35,000 00

$35,000 00

irpl f u n d .
Surplus
Undivided profits, less current expenses, interest
and taxes paid

7,000 00

7,000 00

7,000 00

7.000 00

4,141 68'

3,072 85

3,947 45

2,876 16

Dividends u n p a id .............. .......................

2,100 00

Commercial deposits subject to ch eck .

44,001 92

45,293 11

3S,035 12

35,253 66

1,831 53

705 01

3,142 81

1,292 95

Commercial certificates of dep o sit........
Due to banks and b an k ers............
Certified checks.........................................
Cashier’s checks o u tstan d in g .................
Savings dep o sits........................................

31,537 95

32,887 92

36,607 23

33,203 66

Savings certificates of d ep o sit...............

193,853 67

223,080 68

216,271 52

203,128 79

Notes and bills red iscounted.................
Bills p a y a b le .....................’........................

T o ta ls .


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

8,000 00

$319,526 75

$347,039 57

$340,064 13

$328,755 22

27

STATE BANKS OF MICHIGAN.
fa

, •U

No. 219.
BENTON HARBOR STATE BANK, BENTON HARBOR.
■ ■

-■ ■ ■'

•’

Organized December 20, 1899.
V'

;■ -- s :

r . ■:, - ;

n

.

. ■

<-

■

■'

jt

Conkky, P r e s i d e n t ,* H. D. P ool, V ic e P r e s i d e n t ^ W m . R upp , J r., C a s h ie r j
B. P . W e l l s , A s s i s t a n t C a s h ie r .
D irectors __I W Conkey, H. D. Pool, B. M. Nowlen, Geo. M. Valentine, Lewis Sutherland,
S. L. VanCamp, Mason B. Wells, C. A. Conkey, Wm. Rupp, Jr.
R eport of
Jan. 22.

Resources.

R eport of
March 28.

R eport of
Ju n e 9.

R eport of
Sept. 6.

.............................................

$188,606 57

$209,138 77

$234,865 42

.. . •
8234,807 16

Bonds m ortgages and securities...........................

47,721 32

45,142 68

49,476 83

51,922 16

O v erd rafts...................................................................

655 17

573 20

481 94

1,117 55

2,000 00

2,000 00

2,000 00

2,000 00

6,450 00

6,450 00

0,450 00

6,450 00

48 55

1,000 00

959 05

3,230 00

Due from banks in reserve cities...........................

88,685 19

>.i .if
56,921 37

33,096 89

83,573 14

"Rvoha.nges for clearing house.................................

555 25

1,921 56

13,975 00

•-■¿I
i Cm
Doans and discounts

1

F u rn itu re and fix tu res..............................................
. •v.iM-;
r ‘¿v
O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities) ........................................................................

U nited S tates bondR

4,875 00

S and N ational hank currency........................

i
11.603 00

12,243 00

842 00
i■
■13,019 00

Gold co in .....................................................................

4,865 00

4,035 00

5,960 00

7,510 00

Silver co in ....................................................................

3,135 10

1,514 10

2,333 40

2,781 95

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue acc o u n t.........................................................................

140 45

170 74

109 50

182 13

90 71

286 91

63 03

220 37

$354,556 31

$341,395 33

$349,657 12

$412,644 46

$50,000 00
►
3,000 00

$50,000 00

$50,000 00

$50,000 00

3,000 00

3,000 00

4,000 00

5,707 49

7,287 69

8,629 47

6,632 00

TT

T o ta ls...................................................................
Liabilities.
Capital stock paid i n ................................................
Surplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id ........................................................
Dividends u n p a id ......................................................

88 00

40 00

40 00

Commercial deposits subject to check.................

130,124 65

121,635 16

119,856 07

171,514 83

Commercial certificates of dep o sit.........................

159,920 75

148,493 17

157,255 38

162,554 71

Due to banks and b an k ers......................................

1,593 91

1,715 09

949 57

473 14

500 00

365 95

700 00

' •
4,121 51

8,724 22

9,560 68

16,769 78

$354,556 31

$341,395 33

$349,057 12

$412,644 46

Certified checks

.... .

Cashier7R checks outstanding
Savings dep o sits.........................................................
Savings certificates of d ep o sit.
Nefep and hills rediscounted
Bills p a y a b le ..

...................................................

T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

STATE BANKING DEPARTMENT.

28

No. 76.
FARMERS AND MERCHANTS’ BANK, BENTON HARBOR.
Organized February 20, 1888.
M. J o n e s , V ic e P r e s i d e n t ; C h a r l e s F o s t e k , C a s h ie r ;
M. R o s 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 .— R. M. Jones, W. P. Robbins, O. B. Hipp, Edward M. Brant, R. H. Sherwood, John
Robinson, W illiam Stewart, A. J . Kidd, H. M. Olney, Charles Foster, Thomas L. Wilkinson.
J ohn

R o b i n s o n , P r e s i d e n t ; R.
J am es

Resources.

R eport of
Jan. 22.

R eport of
M arch 28.

R eport of
June 9.

R eport of
Sept. 6.

Loans and disco u n ts.................................. ..............

$504,639 19

$525,682 39

$552,613 85

$527,706 03

Bonds, m ortgages and securities...........................

96,611 56

96,061 56

96,061 56

105,077 61

Prem ium s paid on b o n d s.........................................

1,246 84

1,246 84

1,246 84

1,246 84

O v erd rafts...................................................................

332 83

440 38

205 71

382 29

B anking h o u se............................................................

7,000 00

7,000 00

7,000 00

7,000 00

F u rn itu re and fix tu res..............................................

7,000 00

7,000 00

7,000 00

7,000 00

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities) ........................................................................

1,800 00

1,800 00

1,800 00

1,800 00

2,518 90

3,120 97

4,597 86

9,007 64

Item s in tr a n s it..........................................................
United States b o n d s.................................................

13,700 00

13,700 00

13,700 00

13,700 00

Due from banks in reserve cities...........................

464,085 56

399,250 03

296,487 78

433,631 78

Exchanges for clearing h o u se.................................

360 00

745 58

735 12

2,918 06

U. S. and N ational bank currency ........................

50,153 00

43,436 00

60,935 00

66,038 00

Gold co in .....................................................................

24,455 00

24,360 00

24,645 00

25,935 00

Silver co in ....................................................................

8,672 80

5,614 40

8,886 50

7,658 30

Nickels and c e n ts.......................................................
Checks, cash items and internal revenue acc o u n t.........................................................................

806 20

1,144 11

1,067 51

881 26

65 55

331 56

166 90

747 68

T o ta ls...................................................................

$1,183,447 43

$1,130,933 82

$1,077,149 63

$1,210.730 49

Liabilities.
Capital stock paid i n ................................................

$125,000 00

$125,000 00

$125,000 00

$125,000 00

62,500 00

62,500 00

62,500 00

62,500 00

13,650 20

18,913 97

10,724 13

15,452 77

392,836 47

Surplus f u n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id ........................................................
Dividends u n p a id ......................................................
Commercial deposits subject to check..................

394,496 05

314,208 14

276,429 10

Commercial certificates of dep o sit.........................

47,752 30

40,814 37

43,987 17

56,160 33

Due to banks and b a n k e rs......................................

87,337 90

91,385 67

100,218 19

118,995 52

Certified ch eck s..........................................................

500 00

581 65

500 00

206 00

Cashier’s checks o u tstan d in g ..................................

296 00

185 49

9,577 90

993 00

Savings d ep o sits.........................................................

129,256 87

179,225 22

194,967 71

190,732 45

Savings certificates of dep o sit................................

322,658 11

298,119 31

253,245 43

247,853 95

Notes and bills rediscounted..................................
Bills p ay ab le ..............................................
Totals


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

51,183,447 43 I 51,130,033 82 j 51,077,149 03 j 51,210,730 49

29

STATE BANKS OF MICHIGAN.
No. 259.
BIG RAPIDS SAVINGS BANK, BIG RAPIDS.
Organized May 1, 1902.
W. N.

F e r r is , P r e s id e n t;

O. J.

M c Q u is t io n ,

V ic e P r e s i d e n t a n d C a s h ie r .

D i r e c t o r s .— W.

E.

N. F erris, W illiam B atson, C. D. C arp en ter, T. H. C oughlin, A . B. Cogger,
C. Newcombe, O. J . M cQ uistion, S. J. T hrop, J. D allavo, J. J. H enderson, G. W inter.

Resources.

R eport of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

Loans and discounts.................................................

$54,288 77

$54,081 80

$53,979 94

$56,429 20

Bonds m ortgages and securities...........................

52,441 36

53,065 34

52,822 00

53,021 91

79 56

208 29

66 16

F u rn itu re and fix tu res..............................................

1,496 50

1,496 50

1,494 50

O ther real e s ta te .......................................................
Due from other banks and bankers (not reserve
cities) ........................................................................

2,026 07

Prem ium s paid on b o n d s.........................................
O v erd rafts...................................................................
B anking h o u se............................................................
1,492 50

60 00

2,877 37

509 60

50 00

18,363 68

12,897 86

14,905 02

16,679 81

Item s in tr a n s it..........................................................
U nited S tates b o n d s.................................................
Due from banks in reserve cities...........................
Exchanges for clearing h o u se................................
U. S. and N ational Bank C urrency.......................

4,356 00

7,217 00

5,814 00

3,635 00

Gold co in .....................................................................

1,412 50

590 00

790 00

1,130 00

Silver co in ....................................................................

1,510 00

629 25

927 30

747 00

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue ac­
count .......................................................................

98 26

50 09

118 70

35 11

557 69

607 57

1,097 84

329 01

T o ta ls...................................................................

$136,630 39

$131,413 30

$134,942 83

$133,499 54

Liabilities.
Capital stock paid i n ................................................

$25,000 00

$25,000 00

$25,000 00

$25,000 00

587 19

1,356 34

1,516 99

2,118 96

Commercial deposits subject to check .................

32,193 73

28,000 50

29,100 28

27,779 27

Commercial certificates of d ep o sit........................

19,569 84

Surplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id ........................................................
Dividends u n p a id ......................................................

Due to banks and b an k ers......................................

2,254 07

Certified checks..........................................................
Cashier’s checks o u tstan d in g ..................................
Savings dep o sits.........................................................

59,279 63

Savings certificates of d ep o sit................................

57,970 50

63.029 35

61,849 39

19,085 96

16,296 21

14,497 85

$131,413 30

$134.942 83

Notes and bills red iscounted..................................
Bills p ay ab le...............................................................

T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$136,630 39

(

*133.499 54

STATE BANKING DEPARTMENT.

30

No. 248.
CITIZENS’ STATE BANK, BIG RAPIDS.
Organized September 28, 1901,
B. W.

I I u d n u t t , P r e s id e n tj

D i r e c t o r s . — E.

G.

G. A.

W e i g h t , V ic e P r e s i d e n t ;

D. C.

M o r r i l l , C a s h ie r .

W. H u d n u tt, Wm. H ugh, W. E. D arra h , G. F . F airm a n , Jos. B arto n ,
A. W right, W. T. Dodge, D. C. M orrill, W. E. B ailie, F. E. Hood.

Resources.

R eport of
Ja n . 22.

R eport of
March 28.

R eport of
June 9.

Report of
Sept. 6.

$178,214 56

$201,529 00

$215,853 69

$220,093 02

71,003 07

72,103 07

75,343 07

74,098 07

Prem ium s paid on b o n d s.........................................

500 00

1,221 88

467 38

467 38

O verdrafts

...............................................

145 20

141 48

234 77

128 86

................... v.....................

10,000 00

10,000 00

10,000 00

10,000 00

Due from other banks and bankers (not reserve
cities)..
.......................................................

2,488 30

881 48

314 60

4,478 26

Doans and discounts

..........................................

Bonds m o rtg a g e find securities...............

B anking bouse

U nited S tates b o n d s.................................................

8,000 00

8,000 00

8,120 00

8,120 00

One froTn banks in reserve cities...........................

105,048 72

72,890 79

47,211 05

57,651 19
- fi K

13,060 00

10,746 00

16,803 00

9,683 00
8,555 00
2,595 95

Exchanges for clearing bouse
U S and Nations,1 bank currency........................
Gold co in .....................................................................

8,705 00

8,640 00

7,480 00

Silver coin

.................................................

2,259 20

2,010 25

1,975 85

Niokel s and c e n ts.......................................................
Checks, cash item s and internal revenue account,........................................................................

309 54

359 12

439 00

482 54

438 26

855 10

602 15

1,280 60

T o ta ls...................................................................

$400,171 85

$399,378 17

1_
__
$384,844 56

$397,033 87

Liabilities
Capital stock paid i n ................................................

$50,000 00

$50,000 00

$50,000 00

150,000 00

2,500 00

2,500 00

2,500 00

3,000 00

6,124 18

7,854 11

9,831 28

7,274 90
-

Surplus fund .............................................................
U ndivided profits, less current expenses, interest
and taxes p a id .......................................................
.............................................

153 33

Commercial deposits subject to check..................

Dividends unpaid

176,583 50

161,726 86

146,146 05

142,817 60

Commercial certificates of deposit........................

2,885 88

5,771 09
f>;t

5,612 03

7,731 95
v --;U R>

Due to banks and b an k ers......................................
Certified checks..........................................................

10 00

Cashier’s checks o u tstan d in g ..................................

8 79

4 65

Savings dep o sits.........................................................

43,955 26

43,380 66

40,623 57

39,433 97

Savings certificates of deposit................................

117,969 70

128,145 45
.. ■J

130,1Ì2 84

147,370 80
ij- ■ }•*')

$400,171 85
V

$399,378 17

$384,844 56

$397,633 87

Notes and bills rediscounted..................................
Bills p ay ab le................................................................
T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

STATE BANKS OF MICHIGAN.

31

No. 163.
BLISSFIELD STATE BANK, BLISSFIELD.
Organized May 31, 1893.
H.

B . H a t h a w a y , P r e s i d e n t ; W i l l i a m R o t h f ù s s , V ic e P r e s i d e n t ;
C a s h ie r ; L . H . R o t h f u s s , A s s i s t a n t C a s h ie r .
D i r e c t o r s .— Chas.

Ch a s . B. P h il l ip s ,

B. P hillips, George F. F ord. H. B. H ath aw a y , Wm. R othfuss,
Geo. W. D avenport.

Resources.

R eport of
Ja n , 22.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

Loans and d iscounts.................................................

$173,804 52

$172,389 56

$143,635 90

$161,218 12

Bonds, m ortgages and securities...........................

94,851 00

94,776 00

97,270 00

96,870 00

Prem ium s paid on b o n d s.........................................
O v erd rafts...................................................................

155 56

380 83

928 28

339 44

Banking h o u se............................................................

5,4*32 65

5,432 65

5,432 65

5,432 65

F u rn itu re and fix tu res.............................................

2,317 35

2,317 35

2,317 35

2,317 35

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities) ........................................................................

2,305 48

2,305 48

2,305 48

2,075 00

32,902 92

25,860 89

94,009 19

67,413 10

I terns in tr a n s it..........................................................
U nited S tates b o n d s.................................................
Due from banks in reserve cities...........................
E xchanges for clearing h o u se.................................
U. S. and N ational b ank currency........................

12,770 00

10,726 00

10,981 00

11,944 00

Gold co in .....................................................................

3,650 00

3,275 00

3,590 00

3,770 00

Silver co in ....................................................................

452 75

1,029 50

155 20

205 25

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue ac­
count .........................................................................

59 69

135 66

51 18

104 85

624 27

2,880 47

6,794 69

478 14

T o ta ls...................................................................

$329,326 19

$321,509 39

$367,470 92

$352,198 38

Liabilities.
C apital stock paid i n ................................................

$20,000 00

$20,000 00

$20,000 00

$20,000 00

5,000 00

5,000 00

5,000 00

6,000 00

884 33

2,965 04

5,362 27

1,465 48

18,868 22

12,043 63

17,494 47

13,431 92

Savings dep o sits.........................................................

201,341 97

194 322 51

232,798 36

231,067 35

Savings certificates of dep o sit................................

73,231 67

72,178 21

86,815 82

80,233 03

Bills p ay ab le...............................................................

10,000 00

15,000 00

T o ta ls...................................................................

$329,326 19

$321,509 39

$367,470 92

$352,198 38
1■'I V*

Surplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id .......................................................
Dividends u n p a id ......................................................
Commercial deposits subject to check.................
Commercial certificates of d ep o sit................... .....
Due to banks and b an k ers......................................
Certified checks..........................................................
Cashier’s checks o u tstan d in g ..................................

Notes and bills rediscounted..................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

STATE BANKING DEPARTMENT.

32

No. 221.
THE JIPSON-CARTER STATE BANK, BLISSFIELD.
Organized March 1, 1900.
R u s s e l C. C a r t e r , P re sid e n t ; A m a z i a h D. E l m s , V ic e P r e s i d e n t ;
W e b s t e r C . J i p s o n , C ashier; H. F . D a v i s , A s s i s t a n t C a s h ie r .
D ir e c t o r s

— Russel C. C a rter, W ebster C. Jip so n , A m aziah D. E llis, C harles E. Ilow land,
Jam es C. H olt, W illiam F . Rodgers.
R eport of
Ja n . 22.

Resources.

R eport of
March 28.

R eport of
Ju n e 9.

R eport of
Sept. 6.

Loans and disco u n ts.................................................

$97,439 10

$90,936 11

$78,010 44

$98,600 02

Bonds m ortgages and securities...........................

10084 68

130,548 08

140,372 05

144,062 16

218 70

223 45

223 55

.................................................

1,993 32

1,418 83

213 13

423 66

........................................................

5,449 35

5,449 35

5,449 35

5,449 35

F u rn itu re and fixtures ............................................

2,873 02

2,873 12

2,873 12

2,873 12

"Pue from hank?/ in reserve cities...........................

27,935 99

26,851 25

65,067 13

37,149 04

TT S anH N ational hank currenov........................

9,103 00

9,031 00

9,091 00

7,191 00

3,030 00

3,710 00
366 10

O verdrafts
i

Banking house

Due from other banks and bankers (not reserve

•

2,090 00

2,370 00

Silver coin ..................................................................

420 85

298 75

584 40

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue account. .,»»- - 1.......................................................

213 35

86 49

86 95

86 70

2,567 57

79 65

25 00

3,512 11

Totals t .................................................................

$255,170 33

$270,161 33

$305,026 02

$303,646 81

Liabilities.
Capital stock paid i n ................................................

$25,000 00

$25,000 00

$25,000 00

$25,000 00

1,500 00

2,000 00

2,000 00

2,000 00

6,823 96

7,599 77

7,386 41

9,076 66

96 00

80 00

OQjjjjr^reial deposits subject to check..................

11,466 28

15,770 93

17,577 50

12,146 53

Savings dep o sits.........................................................

160,210 07

170,934 29

198,988 02

198,348 20

Savings certificates of deposit................................

50,170 02

48,760 34

53,994 09

57,075 42

T otals, . T .........................................................

$255,170 33

$270,161 33

$305,026 02

$303,646 81

Gold co in ......................................................................

Surplus f u n d ...............................................................
U ndivided profits, less current expenses, interest
and taxes p a id .......................................................
niviHoruic! iir»mud


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

............................

33

STATE BANKS OF MICHIGAN.
No. 256.
BOYNE CITY STATE BANK, BOYNE CITY.
Organized January 23, 1902.
H.

W il l ia m

W h it e , P r e s id e n t;

D i r e c t o r s .— W illiam

W. S.

S h a w , V ic e P r e s i d e n t ; .

S. C.

S m i t h , C a s h ie r .

*

II. W hite, W. S. Shaw , W. II. M athew s, T hom as W hite, S. C. Sm ith.
R eport of
Ju n e 9.

R eport of
Sept. 6.

R eport of
Jan. 22.

R eport of
March 28.

Loans and disco u n ts.................................................

$78,946 56

.$36,217 86

$73,792 13

$76,784 44

Bonds, m ortgages and securities...........................

S,349 78

16,805 00

14,762 78

21,978 97

94 75

317 01

12,200 00

Resources.

Prem ium s paid oil bonds
7 95

17 77

357 11

86 58

Banking h o u se............. .'............................................

12,200 00

12,200 00

12,200 00

F urniture and fixtures.............................................

747 54

1,122 54

1,154 54

1,150 54

O ther real e s ta te ...........
................................
Due from other banks and bankers (not reserve
.......................
cities)..

6,450 00

6,450 00

6,350 00

6,350 00

Item s in tr a n s it..........................................................

5,000 00

33 50

491 90

O v erd rafts...................................................................
Undivided profits

United S tates bonds
Due from banks in reserve cities...........................

12,112 87

15,478 72

18,632 43

12,153 40

Exchanges for clearing house
U. S. and N ational bank cu rre n cy ........................

3,332 00

5,579 00

5,422 00

4,004 00

Gold co in .....................................................................

535 00

1,232 00

1,510 00

1,730 00

Silver co in ....................................................................

912 90

900 95

937 50

865 70

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue ac­
count .........................................................................

150 86

107 00

17 87

101 47

1.149 91

111 07

420 03

458 43

T o ta ls...................................................................

$130,252 48

$125,338 49

$135,38 ‘>53

$138,501 86

Liabilities.
Capital stock paid i n ................................................

$25,000 00

$25,000 00

$25,000 00

$25,000 00

2,000 00

2,000 00

2,000 00

405 40

941 13

61,674 43

62,195 76

Surplus f u n d ...............................................................
U ndivided profits, less current expenses, interest
and taxes p a id ..........................

2,000 00

....................

Dividends unpaid ...
Commercial deposits subject to ch eck .................

50,929 57

50,556 56

Commercial certificates of d ep o sit.........................

23,375 48

22,647 88 ......................

22,472 43

26,134 05

23,352 33

25,233 92

.......

22,954 23

23,221 C5

$135,383 53

$138,591 86

Due to banks and bankers. .
Certified checks..........................................................
......................

Cashier’s checks o u ts ta n d in g ................................
Savings dep o sits.........................................................
Savings certificates of d ep o sit................................
Notes and bills rediscounted...................................

6,475 00

Bills p ay ab le...............................................................

.......

T o ta ls..'................................................................

$130,252 48

5


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$126,338 49

..
.......
.......

STATE BANKING DEPARTMENT.

34

No. 187.
FIRST STATE SAVINGS BANK OF BRECKENRIDGE, BRECKENRIDGE.
Organized April 7, 1896.
J am bs

B.

C r a w f o r d , P r e s i d e n t ; AV. O . W a t s o n , V ic e P r e s i d e n t ; A l f . F . C r a w f o r d , C a s h ie r ;
T h o s . C r a w f o r d , A s s i s t a n t C a s h ie r .

D i r e c t o r s .— Jam es

C.

B. C raw ford, AV. O. AAratson, Lem uel W aggoner, George P. Young,
P eterm an , Jo h n M itchell, J r., Jam es P. Gibbs, Alf. F . C raw ford, Thos. C raw ford.
Report of
June 9.

R eport of
Sept. 6.

Report of
Jan. 22.

R eport of
March 28.

Loans a n d discounts.................................................

$58,509 47

$54,143 41

$63,822 23

$86,781 26

Bonds, m ortgages and securities...........................

23,100 79

23,300 79

22,153 79

24,466 79

Resources.

1

O v erd rafts...................................................................

712 07

1,120 38

294 78

554 58

Banking h o u se............................................................

1,219 40

1,219 40

1,219 40

1,219 40

F urniture and fix tu res.............................................

770 07

77ft 07

776 07

776 07

6,730 00
Due from other banks and bankers (not reserve
cities) ........................................................................
Item s in transit

352 41

5,843 00

110 53

108 52

1,368 39

'12,681 79

6,217- 70

3,402 75

5,100 00

.........................

United States bonds.

........................................

Due from banks in reserve cities...........................
exchanges for clearing bouse
U. S. and N ational bank currency ........................

8,454 00

3,599 00

3,662 00

Gold co in .....................................................................

1,530 00

1,715 00

1,855 00

1,990 00

Silver co in ...................................................................

737 30

1,124 00

1,295 20

1,620 SO

Nickels and c e n ts. . .
......................................
Checks, cash items and internal revenue account
.
..................................

60 40

118 59

65 43

99 70

T o ta ls...................................................................

$96,826 30

$105,653 43

$108,505 13

$106,119 87

Liabilities.
Capital stock paid i n ................................................

$15,000 00

$15,000 00

$15,000 00

$15,000 00

10,000 00

10,000 00

10,000 00

10,000 00

859 32

1,962 79

2,900 00

2,562 00

Surplus f u n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id .......................................................
Dividends unpaid

.................................................

Commercial deposits subject to ch eck .................

23,861 5Q

19.S64 81

20,010 70

16,524 92

Commercial certificates of dep o sit.........................

47,105 48

58,825 83

60,594 43

52,832 95

Due to banks and bankers
Certified checks .
Cashier’s checks outstanding
Savings deposits
Savings certificates of d ep o sit................................
Notes and bills rediscounted..................................
9,200 00

Bills payable .. .
T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$96,826 30

$105,053 43

$108,505 13

$106,119 87

STATE BANKS OF MICHIGAN.

35

No. 216.
BROWN CITY SAVINGS BANK, BROWN CITY.
Organized June 9, 1899.
J. L.

B e n e d i c t , P r e s i d e n t ; C h a r l e s N o b l e , V ic e P r e s i d e n t

D i r e c t o r s . — J.

; R. C.

B e n n e t t , C a s h ie r .

L. Benedict, C harles Noble, H ugh M cNair, D. C. M errill, Jno. P. Niggem an, J r.,
A. E. Sleeper, J. E. Campbell.

Resources.

R eport of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

Loans and d iscounts.................................................

$77,715 67

882,837 36

$85,520 63 1

$89,943 15

Bonds, m ortgages and securities...........................

10,963 44

12,153 94

12,181 94

12,297 94

Prem ium s paid on b o n d s.........................................
O v erd rafts...................................................................

445 61

504 11

640 91

1.200 47

Banking h o u se............................................................

2,000 00

2,000 00

2,000 00

2.200 00

F u rn itu re and fix tu res.............................................

1,950 00

1,950 00

1,990 00

2,000 00

2,968 75

100 00

800 00

26,754 22

16,113 38

11,951 98

1

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
c ities)........................................................................
Item s in tr a n s it..........................................................
U nited States b o n d s.................................................
Due from banks in reserve cities...........................

14,985 40

Exchanges for clearing house.................................
U. S. and N ational bank currency........................

3,012 00

2,494 00

4,642 00

1,987 00

Gold co in .....................................................................

2,955 00

3,560 00

2,950 00

3,270 00

Silver co in ....................................................................

528 60

900 15

556 15

597 55

Nickels and c e n ts......................................................
Checks, cash item s and internal revenue ac­
count ........................................................................

141 59

90 65

71 18

75 98

252 16

249 71

173 18

352 72

T o ta ls...................................................................

$129,717 04

$122,959 30

$123,477 97

$128,910 21

Liabilities.
Capital stock paid i n ................................................

$25,000 00

$25,000 00

$25,000 00

$25,000 00

3,500 00

3,500 00

3,500 00

3,500 00

247 26

964 21

1,226 06

1,809 19

Commercial deposits subject to check.................

28,498 25

......................
21,339 36

19,671 41

17,942 87

Commercial certificates of dep o sit.........................

56,364 52

57,371 96

58,017 66

64,478 30

Surplus fu n d ...............................................................
U ndivided profits, less current expenses, interest
and taxes p a id ........................................................
Dividends u n p a id ......................................................

Due to banks and b an k ers......................................
Certified checks..................................................... ..
Cashier’s checks o u tstan d in g ..................................

3,659 76

2,399 78

2,552 75

2,358 42

Savings dep o sits.........................................................

12,447 25

12,383 99

12,910 09

13,321 43

900 00

500 00

$123,477 97

$128,910 21

Savings certificates of deposit................................
Notes and bills rediscounted...................................
Bills p ay ab le...............................................................

T o ta ls...............................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$129,717 04

$122,959 30

STATE BANKING DEPARTMENT.

36

No. 253.
CITIZENS’ STATE SAVINGS BANK, BROWN CITY.
Organized January 8, 1902.
J ohn

J.

K earn s,

D ir e c t o r s

P r e s id e n t;

H u g h J. M c P h e e , V ic e P r e s i d e n t ;
E . V . L e o n a r d , A s s i s t a n t C a s h ie r .

J ohn

M o r r is ,

C a s h ie r ;

— Jo h n J. K earns. H ugh J. M cPhee, L. H. Howse, Sim eon B. S chlichter,
Jo h n W. Weed, D aniel W ebster, Ila rv e y T appan.

Resources.

R eport of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

Doans and disco u n ts.................................................

$90,501 18

$84,-077 18

$79,709 71

$67,050 29

Bonds m ortcages and securities...........................

37,225 97

37,784 47

36,518 05

45,849 74

O v e r d r a f ts .................................................................

.34 87
,
5,000 00

7 23

50 94

B anking house ..........................................................

5,000 00

5,000 00

5,000 00

F u rn itu re and fix tu res.............................................

1,850 00

1,850 00

1,850 00

1,850 00

3,241 56

3,082 32

4,106 88

Due from other banks and bankers (not reserve

4,396 33

Duo from hanks in reserve cities................ ..

8,116 17

10,193 87

Exchanges for clearing house

11,637 48

17,418 05

577 09

696 47

TT ft and N ational hank currency........................

5,944 00

4,203 00

4,733 00

3,125 OO

Gold co in .....................................................................

2,330 00

2,035 00

2,060 00

2,020 00

Silver co in ...................................................................

438 70

619 35

282 85

696 05

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue ac-

121 78

196 23

179 81

126 17

57 03

1 00

T o ta ls...................................................................

$154,864 28

$149,049 05

$146,706 41

$148,228 10

Liabilities.
Capital stock paid i n ................................................

$25,000 00

$25,000 00

$25,000 00

$25,000 OO

1,000 00

1,000 00

1,000 00

1,000 00

1,055 34

1,237 27

774 19

1,868 63

Commercial deposits subject to check.................

22,680 69

10,357 09

19,257 99

15,801 41

Commercial certificates of dep o sit........................

2,312 52

2,218 00

1,464 73

1,089 73

Surplus f u n d ...............................................................
U ndivided profits, less current expenses, interest
and taxes p a id .......................................................
Dividends u n p a id ......................................................

Due to banks and h an kers......................................
Certified checks..........................................................
Cashier’s checks o u tstan d in g ..................................

203 48

482 94

634 74

661 34

Savings d eposits.........................................................

38,210 14

39,236 96

39,065 42

41,647 81

Savings certificates of dep o sit................................

59,402 09

58,517 39

59,509 34

61,159 18

Bills p ay ab le...............................................................

5,000 00

5,000 00

T o ta ls...................................................................

$154,864 26

$149,049 65

$146,706 41

$148,228 10

Notes and bills rediscounted..................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

STATE BANKS OF MICHIGAN.

37

No. 212.
THE BURR OAK STATE BANK, BURR OAK.
Organized December 21, 1898.
- H enry

P.

M o w r y , P r e s id e n t;

D i r e c t o r s . — J.

J ohn

B.

K e e s l a r , V ic e P r e s i d e n t ;

II. C.

K a a s , C a s h ie r .

B. K eeslar, J. S. Rhenem an, H enry I ’. Mowry, C. J . Holmes, M arshall F. Sm ith,
Wm. Mallow, J. E. W atson.
R eport of
Jan. 22.

R eport of
March 28,

Loans and d isc o u n ts...............................................

848,161 82

$45,794 45

$30,876 20

$27,851 30

Bonds, m ortgages and secu rities.. •.................. . .

19,780 00

25,380 00

33,180 00

43,326 85

80 00

147 50

147 50

197 84

218 87

153 74

42 18

277 86

Resources.

Prem ium s paid on b o n d s ..............
O v erd rafts..................................... .............................

R eport of
June 9.

R eport of
Sept. 6.

Banking h o u se......................................... . . > . . .

1,727 10

1,727 10

1,727 10

■ 1,727 10

F urniture and fix tu res....................................... ..

1,383 10

1,383 10

1,483 10

J.483 10

O ther real e s ta te .......................................................
Due from other banks and bankers (not reserve
cities)...................' ...................................................

... •

,
......................

Item s in t r a n s i t.........................................................
500 00

500 00

500 00

500 00

23,071 08

17,383 74

25,438 60

19,476 01

U. S. and N ational bank currency............. .. . . . .

4,206 00

3,584 00

3,870 00

3.969 00

Gold co in ................ ....................................................

1,165 00

1,025 00

1,105 00

1.065 00

Silver co in .............. ....................... .............................

707 80

662 15

511 40

700 90

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue acc o u n t........................................................................

39 72

SO 65

53 97

5 20

8 60

139 38

578 20

187 28

$101,049 09

$97,960 81

$99,513 31

$100,767 44

$15,000 00

$15,000 00

$15,000 00

$15,000 00

750 00

750 00

750 00

850 00

1,181 92

1,362 65

2,087 13

1,516 62

U nited S tates b o n d s ......... ............................' . . . .
Due from banks in reserve cities...........................
Exchanges for clearing house.................................

T o ta ls................................... : : .......................
Liabilities.
Capital stock paid i n ............ .............. .....................
Surplus f u n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id .................................... ...................
Dividends u n p a id ......................................................

148 00

95 00

Commercial deposits subject to ch eck .................

18,648 16

14,574 79

16,421 22

13,530 69

Commercial certificates of d ep o sit.........................

35,677 36

24,435 81

16,596 96

7,443 57

29,643 65

41,742 56

48,658 00

62,371 56

$99,513 31

$100,767 44

55 00

Due to banks and b a n k e rs......................................
Certified checks..........................................................
Cashier’s checks o u tstan d in g ..................................
Savings d ep o sits........................................................
Savings certificates of dep o sit.....................

....

N otes and bills rediscounted...................................
Bills p ay ab le...............................................................

T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

.....................
$101,049 09

$97,960 81

STATE BANKING DEPARTMENT.

38

No. 181.
CADILLAC STATE BANK, CADILLAC.
Organized October 30, 18S5.
F r a n k ,7. C o b b s , P r e s i d e n t ; S o l o m o n W . K r a m e r , V ic e P r e s i d e n t ; H e n r y K n o w i . t o n , C a s h ie r .
D i r e c t o r s .—

S. W. K ram er, W. W. M itchell. F ra n k J. Cobbs, Delos F. Diggins, Joseph M urphy,
F red L. lîeed, Geo. F. W illiam s.

Resources.

R eport of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

Roans ami disco u n ts.................................................

$480,505 34

$507,433 39

$456,386 91

$459,094 27

Ronds m ortgages and securities...........................

146,908 25

157,139 00

204,102 58

200,884 78

O v erd rafts...................................................................

2,207 99

1,045 79

1,726 S5

515 25

Ranking h o u se ...........................................................

21,239 31

21,239 31

21,239 31

21,239 31

F urniture and fix tu res.............................................

2,113 S7

2.113 87

2,113 87

2,113 87

O ther real estate ......................................................
Due from other banks and bankers (not reserve
Item s in tra n s it..........................................................

7,688 57

8,481 76

3,502 33

5,912 70

U nited S tates b o n d s.................................................

20,000 00

20,000 00

20,000 00

20,000 00

Due from banks in reserve cities...........................

98,662 31

101,435 70

87,874 36

60,557 69

Exchanges for clearing house.................................
U. S. and N ational bank currency ........................

12,821 00

9,848 00

20,545 00

1,956 00

Gold co in .....................................................................

27,075 00

29,720 00

30,805 00

21,375 00

Silver co in ...................................................................

3.827 80

3,627 20

7,273 45

2,221 40

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue ac­
count ........................................................................

1,055 17

1,269 60

1,016 71

829 99

1,151 59

1,053 92

2,875 30

2,070 87

T o ta ls...................................................................

$325,256 20

$864,407 54

$859,521 67

$798,771 14

Liabilities.
Capital stock paid i n ................................................

$50,000 00

$50,000 00

$50,000 00

$50,000 00

Surplus fu n d ...............................................................
U ndivided profits, less current expenses, interest
and taxes p a id .......................................................

50,000 00

50,000 00

50,000 00

50,000 OO

1,453 28

3,339 73

3,288 94

2,550 72

Dividends u n p a id ......................................................

90 00

Commercial deposits subject to check .................

193,199 38

175,860 06

191,463 67

206,127 27

Commercial certificates of dep o sit........................

288,734 87

231,003 41

97,918 81

40,970 04

Savings dep o sits.........................................................

150,340 72

164,358 56

161,943 04

160,883 60

Savings certificates of dep o sit................................

91,437 95

154,845 78

304,907 21

288,239 51

$859,521 67

$798,771 14

Due to banks and b an k ers......................................
Certified checks..........................................................
Cashier’s checks o u tstan d in g ..................................

Notes and bills rediscounted............................ ..

15.000 00

Bills p ay ab le...............................................................

20.000 00

T o ta ls.................... .................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$825,256 20

$864,407 54

39

STATE BANKS OF MICHIGAN.
No. 261.
PEOPLES’ SAVINGS BANK OF CADILLAC, MICHIGAN, CADILLAC.
Organized June 17, 1902.
E.

J.

I I a y n e s , P r e s id e n t;

Charles

H.

D r u r y , V ic e P r e s i d e n t ;

G eorge

C h a p m a n , C a s h ie r .

George Chapm an, H enry Ballou. Sam uel H. M e rritt, A lfred W. N ew ark, O range
W ebster, Jam es E nglish, C harles H. D rury, E lb e rt J . H aynes, Jo h n P. W ilcox.

D i r e c t o r s .—

Report of
Jan. 22.

Resources.

Loans and disco u n ts.................................................

R eport of
March 28.

R eport of
Sept. 6.

Report of
June 9.

$85,288 16

$112,279 35

$116,738 36

$113,453 40

75,101 32

78,750 84

82,074 65

92,169 33

2,327 11

2,342 11

2,348 61

2,348 61

27,432 27

17,615 30

15,684 26

24,817 48

Prem ium s paid on b o n d s.........................................
O verdrafts

.....................

R anking bon so

.....................

F urniture and fix tu res.............................................
O ther real estate
................................
Due from other banks and bankers (not reserve
cities).
..........................................
Item s in tran sit

.....................

United States b o n d s.................................................
Due from banks in reservé cities...........................

413 25

Kvchanges for clearing h o u se.................................
U. S. and N ational bank currency ........................

3 990 00

7,324 00

7,923 00

5.569 00

Gold co in .....................................................................

4,297 50

4,187 50

4,605 00

4,090 00

2,581 30

2,515 75

1,351 80

1,250 85

39 40

65 68

24 26

99 43

181 11

175 25

6,256 12

2,419 31

T o ta ls...................................................................

$201,254 17

$225,255 78

$237,419 31

$246,227 41

Liabilities.
Capital stock paid i n ................................................

$50,000 00

$50,000 00

$50,000 00

$50,000 00

3,000 00

3,000 00

3,000 00

7,000 00

16 20

804 72

1,571 19

951 53

73,800 07

86,626 48

92,592 92 ¡

98,996 07

Savings d ep o sits.........................................................

17,572 15

21,665 25

24,611 55

26,588 07

Savings certificates of d ep o sit................................

55,805 75

63,099 33

65,643 65

62,691 74

$201,254 17

$225.255 7S

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue ac­
count .........................................................................

Surplus f u n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id .......................................................
Dividends unpaid . . .
Commercial deposits subject to ch eck .................
Commercial certificates of deposit.
Due to banks and b an k ers......................................
Certified checks. . .
Cashier’s checks outstanding .

Notes and bills red iscounted..................................
Rills pava,ble

T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$237.419 31
1

!

$246,227 41

STATE BANKING DEPARTMENT.

40

No. 291.
THE STATE BANK OF CALEDONIA, CALEDONIA, MICHIGAN.
Organized June 11, 1904.
Charles

R ic e , P r e s id e n t;

F rank
E lm er

E . Ca m pau , J o h n T.
B . H a l e , C a s h ie r .

S m i t h , V ic e P r e s i d e n t s ;

DIRECTORS.— Isaac G. W enger, George W. P ick ett, Jo h n D. M orton, Jo h n T. Sm ith,

C harles Rice, F ra n k E. C am pau, Jo h n R. P ro cto r.
R eport of
Jan. 22.

Resources.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept, 6.

Loans and disco u n ts......................

$31,352 27

Bonds, m ortgages and securities.

10,277 48

Prem ium s paid on b o n d s.............

539 58

O v erd rafts........................................
Banking h o u se................................
500 00

F urniture and-fixtures..................
O ther real e s ta te .................................................
Due from other banks and bankers (not reserve
cities) ...................................................................
Item s in tr a n s it................................
U nited S tates b o n d s........................
Due from banks in reserve c itie s ..

11,274 19

Exchanges for clearing h ouse........
1,572 00

U.-S. and N ational bank currency.
Gold co in ............................................................

240 00

Silver co in .........................................................

871 65

Nickels and cents............ ........................ ;

.

Checks, cash item s and internal revenue ac­
count ..................................... ....................... ..........
Totals

Liabilities.
Capital stock paid i n ................ ...............................
Surplus fu n d ............................................................. ..
Undivided profits, less current expenses, interest
and taxes p a id ..................... ...........................

52 77
8 80

$02,688' 74

$ 14,220 00

30 20

Dividends u n p a id ......................................................
Commercial deposits subject to check.................

20,739 80

Commercial certificates of dep o sit........................
Due to banks and b an k ers....................... ..............
Certified checks........................................... ..............
Cashier’s checks o u tstan d in g ..................................
Savings d ep o sits.. . . ............. ........................ ..........

1,526 70

Savings certificates of d e p o s it...........................;.

23,165 98

Notes and bills rediscounted..................................
Bills p ay ab le................................................ ..............
Totals


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$02,688 74'

41

STATE BANKS OF MICHIGAN.
No. 87.
MERCHANTS AND MINERS’ BANK, CALUMET.
Organized August .7, 1873.
C h a k i .e s

;

B r i g g s , P r e s i d e n t ; P e t e k R u p p e , V ic e P r e s i d e n t
Steph en
F . J . K o i i l h a a s , 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 ill

A.

P aull,

C o s tlie r ;

Cliilds, C harles W. Niles, P e te r Ruppe,. C harles B riggs, P aul P. Roehm,
E dw ard M. Lieblein.

Resources.

R eport of
Jan. 22.

R eport of
Marcii 28.

R eport of
June 9.

R eport of
Sept. 6.

L o an s and d isco u n ts ................................ ................

£860,308 55

$658,521 96

$689,808 59

$686,693 42

"Ronds m o rtg ag es and s e c u ritie s ..............................

177,431 48

175,121 48

172,531 4S

162,535 20

P rem iu m s paid on b o n d s........................................

174 32

174 32

174 32

174 32

O v e rd ra fts...................................................................

663 30

158 97

298 29

992 34

Furniture and fixtures.............................................

5,181 00

5,181 00

5,181 00

4,181 00

O ther real e s ta te .......................................................
Due from other banks and bankers (not reserve
cities) ........................................................................

5,000 53

4,732 15

2,669 -65

2,669 65

2,138 14

91,581 98

20,181 94

2,679 34

Tterns in tra n s it
TIn i ted St at es bon d s

.

D ue from banks in reserv e cities...........................

. .

513,236 80

..............

......

744,468 73

820,491 44

493,671 45

F v changes for clearin g bouse

U. S. and N ational bank cu rren cy ......... , ............

83,591 00

141,142 00

130,772 00

86,041 00

Gold co in ...........................

.......................................

51,410 00

54,702 50

57,522 50

57,890 00

Silver co in ....................................................................

2,965 45

4,921 70

7,227 70

3,903 10

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue ac­
count .........................................................................

398 44

514 18

645 54

617 68

1,405 87

2,595 73

2,212 34

6,036 91

$1,503,904 94

$1,883,794 68

$1,909,716 79

$1,508,085 41

Totals
Liabilities.
Capital stock paid i n ................................................

$100,000 00

$100,000 00

$100,000 00

$100,000 00

Surplus fu n d ................................................ ..............
Undivided profits, less current expenses, interest
and taxes p a id .......................................................

50,000 00

50,000 00

50,000 00

65,000 00

28,866 81

31,112 66

36,948 57

24,807 81

Dividends u n p a id ......................................................

748 00

216 00

120 00

120 00

Commercial deposits subject to ch eck .................

580,032 39

951,129 72

979,823 80

543,840 08

Commercial certificates of dep o sit........................

3,556 66

622 25

312 94

1,648 41

Due to banks and b an k ers.. .

1,635 43

3,996 69

8,144 S3

3,381 02

Savings d ep o sits.........................................................

741,967 96

743,665 92

731,451 28

765,778 72

Savings certificates of dep o sit................................

3,037 69

3,051 44

2,915 37

3,503 37

$1.509,904 94

81,883,794 68

$1,903,716 79

$1,508,085 41

C ertified c h e c k s . . .
C ash ie r’s checks o u ts ta n d in g

N o tes an d bills red isco u n ted

Rills payable

T o ta ls...................................................................

6

https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

_

42

STATE BANKING DEPARTMENT.
No. 208.
CAPAC SAYINGS BANK, CAPAC.
Organized September 8, 1898.

A. D.

B e n n e t t , P r e s id e n t;

D i r e c t o r s . — .A.

IT. C.

S i e g e l , V ic e

P r e s id e n t;

R.

M o r r is o n ,

J r ., C a s h ie r .

D. B en n ett, E. J. Buck, H erb ert C. Siegel, W alter S hearsm ith, It. M orrison, J r .

Resources.

R eport of
Ja n . 22.

R eport of
M arch 28.

R eport of
Ju n e 9.

R eport of
S ept. 6.

Loans and discounts.................................................

$71,984 00

$71,527 03

$70,479 40

S78.517 03

Bonds, mortgages and securities...........................

32,418 78

25,982 78

26,732 78

26,714 78

376 22

192 46

Prem ium s paid on b o n d s.........................................
O v erd rafts...................................................................
F u rn itu re and fix tu res.............................................

685 36

...............

B anking h o u se............................................................
1,000 00

1.000 00

1,000 00

920 89

942 97

3,082 50

284 06
>
1,000 00

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities) ........................................................................
Item s in tr a n s it..........................................................

Due from banks in reserve cities...........................

897 10

...............

United States b o n d s.................................................
4,932 80

18,059 70

U. S. and N ational bank currency........................

2,656 00

2,448 00

1,365 00

1,852 00

Gold co in ..................................................

2,575 00

2,125 00

2,285 00

3,020 00

Silver co in ...........................................................

422 40

412 10

463 40

137 40

Nickels and c e n ts.................................
Checks, casli item s and internal revenue ac­
count .................................................

120 86

117 68

59 43

77 94

965 11

1,429 24

7 00

330 87

$118,372 06

$124,236 96

$122,005 40

$120,395 17

$20,000 00

$20,000 00

$20,000 00

$20,000 00

1,600 00

1,600 00

1,600 00

1,800 00

123 45

673 51

1,740 30

720 91

373 50

6 00

6 00

15,845 53

7,563 99

Exchanges for clearing h ouse.................................

T o ta ls......................................................
Liabilities.
Capital stock paid i n .....................
Surplus fu n d .......................
Undivided profits, less current expenses, interest
and taxes p a id ..............................
Dividends u n p a id ..........................
Commercial deposits subject to ch eck ...............

5.554 88

14,970 37

17,607 78

9,161 69

Commercial certificates of d ep o sit....................

26,401 89

23,853 45

22,197 44

27.360 95

62,318 34

60,133 63

53,793 88

61,351 62

$124,236 96

$122.005 40

$120,395 17

Due to banks and b a n k e rs..................................
Certified checks..........................
Cashier’s checks o u tstan d in g ...............
Savings d ep o sits.........................
Savings certificates of dep o sit.............
Notes and bills rediscounted........................
Bills p ay ab le.................................

T o ta ls................................................................... |


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

2,000 00
.1118 372 06

43

STATE BANKS OF MICHIGAN.
No. 287.
THE COMMERCIAL SAVINGS BANK OF CARO, MICHIGAN.
Organized May 14, 1904.
John F

Seeley

P r e s i d e n t ; S h e r m a n F . C h a s e , V ice P r e s i d e n t ; L e w
S a b in H o o r E u , A s s i s t a n t C ashier.

is

G. S e e l e y , C ash ier;

D irectors.— Jo h n F . Seeley, S herm an F. Chase, Lewis G. Seeley, G ra n t H. Slocum,
N ew ton B. A t wood.
R eport of
Jan. 22.

Resources.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

$51,034 61

$56,458 17

24,921 00

21,976 00

657 78

1,217 71

10,000 00

10,000 00

2,423 00

2,423 00

19,595 97

6,903 53

Due from other banks and bankers (not reserve

l l i X C - I l c l I I g c O I U I L - lt ic lI lI I fe 1 1 U U O L ...............................................* • •

TJ S and N ational b^nk currency

143 16

993 29

4,657 00

3,935 OO

S95 00

790 00

439 75

418 50

141 52

99 48

841 59

5,143 84

$115,750 38

$110,358 52

$35,000 00

$35,000 00

322 28

630 30

32,959 49

25,243 62

Commercial certificates of dep o sit........................

6,512 50

4,115 25

Due to banks and b an k ers......................................

252 98

507 65

40,703 13

44,861 70

$115,750 38

$110,358 52
I____________

Checks, cash item s and internal revenue ac-

Liabilities.
Capital stock paid in

.......................

U ndivided profits, less current expenses, interest


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

_________

44

STATE BANKING DEPARTMENT.
No. 286.
THE STATE SAVINGS BANK, OF CARO, MICHIGAN. ‘
Organized April 27, 1904.
T.

W . A tw ood, P resid en t;

C a s h i e r ; L o u is
D i r e c t o r s . — T.

R . B. M c N a i r , G. II. S l o c u M , V i c e P r e s i d e n t s ; .1. M . E a l y ,
W e a n , A ss is ta n t C ash ier; H a rry P a r k e r , A uditor.

W. Atwood, T. C. Quinn. I la r r y P ark er, G. II.
G. R. C arson, J. M. E aly.
Resources.

R eport of
Jan. 22.

R eport of
March 28.

Slocum, R. B. M cNair,
R eport of
June 9.

R eport of
Sept. 6.

Loans and disco u n ts.................................................

$136,303 65

$152,166 17

Bonds, m ortgages and securities...........................

100,415 16

88,827' 06

Prem ium s paid on b o n d s........................................
O v erd rafts.............. .....................................................

498 70

224 26

B anking h o u se......... 1................................................

10,000 00

10,000 00

F u rn itu re and fix tu res................................. ...........

2,000 00

2,000 00

64,696 90

25,070 27

9,004 00

6,734 00

4,110 00

4,675 00

Silver co in ...................................................................

958 50

1,919 85

Nickels and c e n ts......................................................
Checks, cash item s and internal revenue ac­
count ........................................................................

131 46

144 58

138 22

- 1,160 42

T o ta ls...................................................................

$328,256 59

$292,922 51

Liabilities.
Capital stock paid i n ................................................

$50,000 00

$50,000 00

29 38

1,010 61

Commercial deposits subject to ch eck .................

162,396 43

90,421 88

Commercial certificates of d ep o sit.........................

9,704 18

13,755 19

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
c ities).......................................................................
Item s in tr a n s it............................................... ..........
U nited S tates b o n d s.................................................
Due from banks in reserve cities...........................
Exchanges for clearing h o u se.................................
U. S. and N ational bank currency ........................
Gold c o in .....................................................................

Surplus fu n d ...............................................................
U ndivided profits, less current expenses, interest
and taxes p a id .......................................................

.

Dividends u n p a id ......................................................

Due to banks and b an k ers......................................
Certified checks..........................................................
-

Cashier’s checks o u tstan d in g ..................................
Savings d ep o sits.........................................................

1,387 60

20,380 16

Savings certificates of d ep o sit................................

104,739 00

107,354 67

Notes and bills rediscounted..................................
Bills p ay ab le...............................................................
T o ta ls.................. .........................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

10,000 00
$328,256 59 !

$292,922 51

45

STATE BANKS OF MICHIGAN.
No. 72.
THE STATE BANK OF CARSON CITY, CARSON CITY.
Organized February 14, 1887. •
J ohn

W.

I I a l i .e t t , P r e s i d e n t ; I r v i n M c C a l l , V i c e P r e s i d e n t ;
I ra C u m m in g s , A s s i s t a n t C ashier.

B.

C.

C u m m in g s ,

C ash ier;

D i r e c t o r s . — Irv in

McCall, J. W . H a lle tt, B . C. Cum m ings, Jo h n Boyer, Chas. Cross,
I r a Cum m ings, G. II. P a tte rso n .
l
i
R eport of ! R eport of
R eport of
R eport of
June 9. 1 Sept. 6.
March 28.
Jan. 22.
Resources.
i

Doans and disco u n ts.................................................

$98,956 24

$89,095 22

$92,917 06

$95,167 77

Ronds m ortgages and securities...........................

79,474 00

89,630 37

91,655 37

91,955 37

Prem ium s paid en fronds

.....................
......................................

24 65

13 67

43 93

Ranking h o u se............................................................

4.000 00

4.000 00

4.000 00

4.000 00

F urniture and fix tu res.............................................

1.000 00

1.000 00

1.000 00

1.000 00

4,462 60

2,818 06

1,663 36

3,925 66

45,409 37

30,144 76

17,774 88

33,672 27

5,162 00

6,044 48

O verdrafts

Of.frcr real esfa.te
.......................
Due from other banks and bankers (not reserve
Tterns in tr a n s it..........................................................
United S tates fronds
Due from franks in reserve cities.................. ..
Exchanges for clearing house.................................
TT S and National bank currencv ........................

7,759 00

8,588 00

6,810 00

8,066 OO

Gold co in .....................................................................

3,960 00

4,140 00

4,500 00

5,165 00

Silver co in ....................................................................

1,219 10

1,280 60

902 75

368 35

Nickels and c e n ts......................................................
Checks, cash items and internal revenue acc o u n t.........................................................................

89 93

155 87

63 90

44 13

151 81

5,060 70

155 05

257 76

T o ta ls...................................................................

$246,506 70

$235,927 25

$226,648 30

$249,666 79

Liabilities.
Capital stock paid i n ................................................

$25,000 00

$25,000 00

$25,000 00

$25,000 00

10.000 00

10,000 00

10,000 00 |

10,000 00

3,043 53

4,651 38

5,244 16

6,840 20

Surplus fund . .
..................... ...........................
U ndivided profits, less current expenses, interest
and taxes p a id .......................................................
Dividends unpaid
Oommercial deposits subject to check .................

49,476 88

35,802 03

24,666 52

35,444 50

Oommercial certificates of dep o sit.........................

158,986 29

160,473 84

161,737 62

172,382 09

$246,506 70

$235,927 25

$226,648 30

$249,666 79

Due to franks and frankers

T o ta ls............................................................... ..


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

48

STATE BANKING DEPARTMENT.
No. 234.
EXCHANGE STATE BANK, CARSONVILLE.
Organized June 20, 1901.
D a v id

C r o r e y ,' P r e s i d e n t ;

D i r e c t o r s . — D avid

E l l e n M cC a r e n , V ice P r e s i d e n t ;
F r a n k C r o r e y , A s s i s t a n t C ashier.

W.

J.

M cC a r e n , C ash ier;

Crorey, W. J. M cCaren, Ja n e Crorey, E llen M cCaren, M ary McNincli.

Resources.

Report of
i Jan. 22.

R eport of 1 R eport of
R eport of
March 28. J June 9. 1 Sept. 6.

I1

Loans and disco u n ts.................................................

$67,686 93

$75,641 04

$76,035 74

$77,415 15

Ronds, m ortgages and securities...........................

18,167 52

19,367 52

18,272 52

20,548 52

Prem ium s paid on b o n d s.........................................
O v erd rafts...................................................................

1,068 49

292 05

694 96

71 37

Banking h o u se............................................................

1,500 00

1,500 00

1,500 00

1,500 00

950 00

950 00

1,045 55

1,045 55

25,615 64

15,076 52

24,727 44

29,551 45

F u rn itu re and fix tu re s ...

O ther real e s ta te ........................................................ ......................
Due from other banks and bankers (not reserve
citie s)........................................................................
Item s in tr a n s it..........................................................
United States b o n d s.................................................
Due from banks in reserve cities...........................
Exchanges for clearing h o u se.................................
U. S. and N ational bank cu rren cy ........................

5,184 00

8,770 00

6,603 00

7,115 00

Gold c o in .....................................................................

1,200 00

1,410 00

1,370 #0

1,510 00

Silver co in ....................................................................

687 55

840 00

780 45

992 20

Nickels and c e n ts......................................................
Checks, cash item s and internal revenue ac­
count .........................................................................

103 35

87 77

98 34

110 25

492 80

74 20

2,144 09

236 69

T o ta ls...................................................................

$122,656 28

$124,009 10

$133,272 09

$140,096 18

Liabilities.
Capital stock paid i n ............................. ...................

$20,000 00

$20,000 00

$20,000 00

$20,000 00

2,200 00

2,200 00

2,200 00

2,400 00

1,270 26

2,285 33

2,261 22

1.09S 88

Surplus fu n d ...............................................................
U ndivided profits, less current expenses, interest
and taxes p a id .......................................................
Dividends u n p a id ......................................................
Commercial deposits subject to ch eck .................

29,444 68

26,517 12

32,652 68

34,058 89

Commercial certificates of d ep o sit........................

69,741 34

73,006 65

76,158 19

58,779 66

Due to banks and b an k ers......................................
Certified checks..........................................................
Cashier’s checks o u tstan d in g ..................................
Savings d ep o sits.........................................................
Savings certificates of d ep o sit................................

23,758 75

Notes and bills rediscounted..................................
Bills p ay ab le...............................................................
T o ta ls......................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$122,656 28

$124,009 10

$133,272 09

$140,096 18

STATE BANKS OF MICHIGAN.

47

No. 180.
STATE BANK OF CARSONVILLE, CARSONVILLE.
Organized October 17, 1895.
W it, n . A i t k i n , V i c e P r e s i d e n t ; A. R. N i l e s , C a s h i e r ;
G. A. M c G r e g o r , 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 . — Joseph M. Gaige, ffm . II. A itkin, H a ttie C. A itkin, M ary C. R ichardson,
M. II. A itkin, A. H. Davis.

J o seph

M.

G a ig e , P r e s i d e n t ;

Resources.

Report of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

Loans and disco u n ts.....................

$105,117 26

$118,121 62

8125,516 35

$131,345 80

Bonds, mortgages and securities.

14,995 12

15,752 48

14,557 23

16,237 73

Prem ium s paid on b o n d s.............
O v erd ra fts........................................

648 53

568 61

294 08

506 54

Banking h o u se............... , ..............

2.99S 00

2,998 00

2,998 00

2,998 00

F u rn itu re and fix tu res.........

1,629 61

1,621 61

1,613 61

1,601 61

O ther real e s ta te .................................................
Due from other banks and bankers (not reserve
cities) .................................................................

1,337 67

1,2S7 67

1,330 55

1,330 5

7,850 01

3,833 49

485 04

1,041 00

12,270 36

11,237 23

11,131 19

12,139 14

Item s in tr a n s it..................................
U nited States b o n d s........................
Due from banks in reserve cities..
Exchanges for clearing h ouse........

2,117 89

U. S. and N ational Bank Currency

4,198 00

2,703 00

5,351 00

3,121 00

Gold co in ..............................................

1,545 00

1,725 00

2,155 00

2,465 00

Silver co in ............................................

435 65

411 05

329 80

177 65

74 32

6 48

50 16

50 79

374 37

486 85

1S3 56

$153,473 90

$160,753 09

$168,113 46

$173,014 81

$30,000 00

$30,000 00

$30,000 00

$30,000 00

2,692 19

2,692 19

2,692 19

3,020 00

1,260 43

2,046 90

2,689 96

8 88

Nickels and c e n ts..................................................
Checks, cash item s and internal revenue ac­
count ....................................................................
T o ta ls.
Liabilities.
Capital stock paid i n ..............
Surplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id ........................................................
Dividends u n p a id ................................... .
Commercial deposits subject to check.

29,168 24

30,366 88

29,903 65

29,475 46

Commercial certificates of dep o sit___

90,353 04

93,871 42

100,315 45

102,417 59

1,775 70

2,512 21

3,092 88

Due to banks and b an k ers.....................
Certified checks. . . ' . .................................
Cashier’s checks o u tstan d in g .................
Savings d ep o sits................ .......................
Savings certificates of d ep o sit...............
Notes and bills rediscounted.................
Bills p a y ab le. . . i . . . . . . . ........................

T o ta ls.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

5,000 00

$153,473 90

$160,753 09

$168,113 46

8173,014 81

STATE BANKING DEPARTMENT.

4N

No. 218.
EATON COUNTY SAYINGS BANK, CHARLOTTE.
Organized August 14, 1899.
E. T.

C h u r c h , P resid en t;

D i r e c t o r s .— E.

A. D.

Baughman,

V ic e P r e s i d e n t ; IT. K. J

e n n in g s ,

C ashier.

T. C hurch. A. D. B aughm an, IT. G. B arber, E. N. Ely, TV. B. O tto,
A lbert E. M urray, H. K. Jennings.

Resources.

R eport of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

Roans and disco u n ts.................................................

$72,898 32

$93,055 04

$79,922 04

$77,264 44

Ronds, mortgages and securities...........................

81,285 54

80,661 54

78,723 54

80,938 54

500 00

500 00

O verdrafts
Ranking house

...............................................

............... ................

....................................................

F urniture and fixtures.............................................
O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities)
......................... - .........................
Tterns in tran sit

500 00

250 00

1,413 26

................................................

United S tates bonds ..
9,529 19

9,657 08

9,679 75

U. S. and N ational bank currency ........................

4,000 00

5,360 00

3,640 00

1,695 00

Gold co in .....................................................................

3,995 00

4,000 00

4,000 00

3,000 00

Silver co in ...................................................................

40 00

7 00

25 00

23 00

Nickels and c e n ts......................... ..........................
Checks, casli item s and internal revenue acc o u n t........................................................................

2 43

4 57

1 75

48

T o ta ls...................... ............................................

$172,248 48

$193,245 23

$177,905 34

$172,899 41

Liabilities
Capital stock paid i n ................................................

$50,000 00

$50,000 00

One from banks in reserve cities. . ..

9,727 95

Exchanges for clearing house . .

$50,000 00

$50,000 00

Surplus fu n d ................................. .............................
Undivided profits, less current expenses, interest
and taxes, p a id .......................................................

6,700 00

6,700 00

6,700 00

7,500 00

2.423 37

4,290 03

’ 6,171 70

3,336 10

Dividends u n p a id ......................................................

30 00

30 00

48 00

.............. ................

Commercial deposits subject to check .................
Commercial certificates of dep o sit.......................
Due to banks and b an k ers......................................

3,605 65

18,114 24

109,489 46

114,110 96

3,540 81

Certified checks ,-........................................................
Cashier’s checks o u tstan d in g ..................................
Savings d ep o sits.........................................................

115,033 64

108,474 50

Savings certificates of d ep o sit................................

.

Notes and bills rediscounted..................................

•

Bills p ay ab le...............................................................
T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$172,248 48

$193,245 23

$177,905 34

$172,899 41

49

STATE BANKS OF MICHIGAN.
No. 67.
CHELSEA SAVINGS BANK, CHELSEA.
Organized January 30, 1882.
F. P.

G l a z i e r , P r e s i d e n t ; W m . J. K n a p p , V i c e P r e s i d e n t ; T h e o . 13. M odd, C a s h i e r ;
P a u l G . S c h a ib l e , A s s i s t a n t C a sh ie r ; A . K . S t im s o n , A u d ito r .

D i r e c t o r s .— Wm.

J. K napp, W illiam P . Schenk, V. D. H indelang, Geo. W. P alm er,
F. P. G lazier, F red W edem eyer, Jo h n W. Schenk, Adam E ppler, H. I. Stim son.
R eport of
Jan. 22.

- Resources.
1

Report of
March 28.

R eport of
Ju n e 9.

R eport of
Sept. 6.

$133,161 46

$145,09S 99

$152,533 33

$135,965 53

Bonds, mortgages and securities......................... •

285,801 97

278,445.33

296,186 42

305,392 I t

Prem ium s paid on b o n d s.........................................

140 00

140 00

140 00

140 00

O v erd ra fts....................................... ......................... ..

282 78

221 48

1 17

758 02

Loans and disco u n ts.................................................j

|

30,000 00

30,000 00

30,000 00

30,000 00

F urniture and fixtures.............................................

9,736 84

9,736 84

9,826 84

9,833 09

O ther real e s ta te ....................................................... !
Due from other banks and bankers (not reserve

4,000 00

4,000 00

4,000 00

4,000 00

B anking house . .............................. ....................... • •

U nited States b o n d s............................................. • ■

2,000 00

2,000 00

2,000 00

2,000 00

Due from banks in reserve cities...........................

35,100 59

41,994 09

38,129 83

42,976 30
5,223.26

Exchanges for clearing h ouse................................

5,000 00

5,248 09

5,753 32

U. S. and N ational Bank C urrency.......................

8,032 00

11,094 00

9,423 00

6,838 00

Gold co in ..................................... .. ..........................

9,475 00

9,825 00

10,075 00

10,350 00

Silver co in ........................................... ..

1,007 00

1,037 75

1,173 50

1,441 50

340 61

259 61

252 97

252 56

122 74

142 95

355 9S

401 00

$524,203 99

$539,244 13

$559,851 36

$555,571 37

Nickels and c e n ts ......................................................
Checks, cash item s and internal revenue acc o u n t............................................................
•
T o ta ls................................... ...............................
Liabilities.
Capital stock paid i n ....................................... ..

$60,000 00

$60,000 00

$60,000 00

.$80,000 00

Surplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id ...................... ..................................

25,000 00

25,000 00

25,000 00

30,000 00

5,974 92

7,792 89

14,128 62

7,721 90

Dividends u n p a id .......................................................

232 00

82 00

64 00

74 00

Commercial deposits subject to check..................

69,989 00

59,027 95

62,812 75

51,621 17

Commercial certificates of dep o sit................

59,285 79

51,636 45

. 51,610 43

51,083 19

Savings dep o sits.........................................................

162,380 19

194,137 71

202,514 13

205,265 24

Savings certificates of dep o sit................................

141,342 09

140,967 13

143,721 43

149,805 87

$559,851 36

$555,571 37

Cashier’s rheeks outstanding. . ..............................

Notes and bills rediscount fid............................ , ....
*

T o ta ls...................................................................

7


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$524,203 99

$539,244 13

50

STATE BANKING DEPARTMENT.
No. 203.
THE KEMPF COMMERCIAL AND SAVINGS BANK, CHELSEA.
Organized January 14, 1898.
H arm on
J ohn

D ir e c t o r s . —

S.

H o l m e s , P r e s i d e n t ; C h a r l e s II. K e m p f , V i c e P r e s i d e n t ;
P a l m e r , C a s h i e r ; G e o r g e A. B e G o l e , A s s i s t a n t C a s h i e r .

A.
Reuben ICempf, C harles IT. Kem pf, H arm on S. Holmes. C. K lein, R. S. A rm strong,
E dw ard Vogel, George A. BeGole, Chas. II. Kem pf.
R eport of
Jan. 22.

R eport of
March 28.

Loans and disco u n ts.................................................

$05,047 83

$05,478 49

$57,344 96 {

Bonds, mortgages and securities...........................

262,097 58

272,958 81 !

284,038 71

Resources.

Report of
R eport of
Ju n e 9. I Sept. 6.

1
j

$52,904 33
320,037 80

Prem ium s paid on b o n d s.........................................

318 75

598 10 !

619 35 1

928 62

O v erd rafts...................................................................

1,528 21

1,600 44 !

2,629 37 |

1,170 54

Banking ho u se............................................................

7,500 00

7,500 00

7,500 00

7,500 00

F urniture and fix tu res.............................................

1,500 00

1,500 00

1,500 00

1,500 00

27,703 55

28,880 00

22,502 25

24,175 84

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserved
cities) ........................................................................
Item s in tr a n s it..........................................................

1

28 30

U nited S tates b o n d s.................................................

5,500 00

5,500 00

5,500 00

5,500 00

Due from banks in reserve cities................ ..........

50,090 38

39,425 58

56,292 71

39,975 28

U. S. and National bank currency ........................

13,438 00

10,301 00

11,703 00

11,223 00

Gold ch in .....................................................................

9,722 50

9,902 50

9,677 50

10,112 50

Silver co in ....................................................................

2,511 00

2,410 80

2,117 65

1,071 35

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue acc o u n t................... .....................................................

224 11

220 30

220 01

220 81

241 04

127 80

210 31

172 95

T o ta ls...................................................................

$447,457 85

$440,463 88

$401,855 82

$476,493 08

Liabilities.
Capital stock paid i n ................................................

$40,000 00

$40,000 00

$40,000 00

$40,000 00

9,000 00

9,000 00

9,000 00

10,000 00

3,075 23

5,080 74

4,217 97

4,847 20

Dividends u n p a id ......................................................

192 00

192 00

192 00

256 00

Commercial deposits subject to check..................

60,410 83

54,375 50

52,720 65

48,629 6G

Commercial certificates of dep o sit.........................

18,147 43

18,072 43

21,717 93

23,860 93

Exchanges for clearing h ouse.................................

Surplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id ........................................................

Due to banks and b an k ers......................................
Certified checks..........................................................
Cashier’s checks o u tstan d in g ..................................

2,000 00

300 00

Savings d ep o sits...... ..................................................

290,334 01

294,046 78

309,602 90

321,801 99

Savings certificates of deposit................................

24.29S 35

24,796 43

24,404 37

27,097 30

$447,457 85

$440,463 88

$461,855 82

$476,493 08

Notes and bills rediscounted...................................
Bills p ay ab le...............................................................
T o ta ls.................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

51

STATE BANKS OF MICHIGAN.
No. 235.
THE CHESANING STATE BANK, CHESANING.
Organized June 22, 1901.
1!. G . C o r y e l l , P r e s i d e n t ; O . D . C h a p m a n , A. D . A g n r w , V i c e P r e s i d e n t s ; F .
C a s h i e r ; F . A. C h a p 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 . — B.

A.

G k een feld er,

G. Coryell, O. D. Chapm an, F. A. G reenfelder, A. D. Agnew, George M. Feet,
A . C antw ell, M. L. P arsh all.
Resources.

R eport of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

1 oft,Tig and disconnts ...............................................

$142,250 52.

$144,569 87

$130,658 17

$130,849 41

Ronds mortgages and securities...........................

22,192 00

22,017 00

27,356 00

23,856 00

Prem ium s paid on b o n d s.........................................
O verdrafts r r . . T. _ . t ..................... .....................

33 40

27 62

56 08

725 04

Banking house............................................................

7,500 00

7,500 00

7,500 00

7,500 00

Vurnitnre and fi x t,iires..............................................

1,475 00

1,475 00

1,475 00

1,475 00

3,769 72

5,059 91

4,786 25

4,406 49

10,506 41

16,965 76

12,897 20

14,138 90

16,794 00

12,039 00

13,452 00

6,237 00

635 00

520 00

430 00

2,215 00

2,820 85

1,118 10

1,813 75

2,234 20

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue acc o u n t.........................................................................

337 69

287 26

290 73

143 33

268 00

256 01

1,667 68

T o ta ls...................................................................

S20S.314 59

$211,847 52

$200,971 19

$195,448 05

Liabilities.
Oapital stock paid i n ................................................

$25,000 00

$25,000 00

$25,000 00

$25,000 00

O ther real e s ta te .......................................................
Due from other banks and bankers (not reserve
cities)........................................................................
Item s in tran sit

...................... .............................

United S tates b o n d s........................................... ..
One from banks in reserve cities...........................
Exchanges for clearing h ouse.................................
TT S and N ational bank currency ........................
Oold coin . . .

.................................................

Silver co in .............. T. ................................................

«

Surplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id .......................................................

910 00

910 00

910 00

1,015 00

1,583 10

2,196 56

2,352 85

1,805 00

Dividends u n p a id ......................................................

45 50

21 00

3 50

14 00

Oommercial deposits subject to check..................

33,390 47

37,163 01

34,248 86

29,263 41

Oommercia.l certificates of dep o sit.........................

147.3S5 52

141,556 95

132,935 18

127,444 68

5,000 00

5,520 80

10,905 96

$211,847 52

$200,971 19

$195,448 05

Due to banks and b an k ers......................................
Certified checks..........................................................
Cashier’s checks o u tstan d in g ..................................
Savings deposits

....................................

Savings certificates of dep o sit................................
Notes and bills rediscounted..................................
Rills p ay ab le...............................................................

T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$208,314 59

52

STATE BANKING DEPARTMENT.
No. 118.
CLARE COUNTY SAVINGS BANK, CLARE.
Organized June 23, 1891.
C. W .

P erry, P residen t;

D i r e c t o r s .— C .

W.

P erry ,

War.
C.

W o l s e y , V ice P r e s i d e n t ;

C.

II. S u th erla n d , Wm. Wolsey,

Resources.

R eport of
Jan. 22.

II.

R.

S u t h e r l a n d , C ashier.

II. Jenney,

R eport of
March 28.

L.

R eport of
Ju n e 9.

W iesm an.
R eport of
Sept. 6.

Loans and d iscounts..................................................

$113,888 36

$122,157 15

$115,362 15

$115,195 25

Bonds, m ortgages and securities...........................

40,921 34

41,221 34

42,921 34

43,988 34

Prem ium s paid on b o n d s.........................................
O verdrafts...................................................................

2,61508

2,583 77

3,442 12

1,106 55-

Banking h o u se............................................................

5,500 00

5,500 00

5,500 00

5,500 0»

1,200 00

1,200 09

F urniture and fix tu res.............................................

1,200 00

1,200 00

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities) ........................................................................

10,000 00

10,000 00

Item s in tr a n s it..........................................................

1,132 10

1,176 67

1,863 78

45,438 37

34,502 42

32,373 25

29,080 34
4,907 00

United States b o n d s.................................................
Due from banks in reserve cities...........................
Exchanges for clearing house.................................
U. S. and N ational bank currency........................

4,303 00

4,861 00

7,248 00

Gold co in ..............................................................•. ..

1,925 00

1,275 00

770 00

1,469 00

Silver co in ...................................................................

2,050 05

2,467 95

2,426 70

2,655 00

225 35

255 35

286 71

186 86

300 97

159 79

506 75

3,505 74

T o ta ls...................................................................

$230,219 68

$227,360 44

$213,900 80

$208,791 06

Liabilities.
Capital stock paid i n . ! .............................................

$20,000 00

$20,000 00

$20,000 00

$20,000 00

7,000 00

7,000 00

7,000 00

7,000 00

902 80

1,757 05

2,613 68

1,662 20

57,185 33

62,573 22

55,062 24

52,710 84

Savings dep o sits.......................................................

59,000 98

78,890 66

55,058 46

55,906 69

Savings certificates of dep o sit................................

86,070 57

57,139 51

74,166 42

71,511 33

$230,219 68

$227,360 44

$213,900 80

$208,791 06

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue ac­
count .........................................................................

Surplus f u n d ...........................................................
Undivided profits, less current expenses, interest
and taxes p a id .......................................................
Dividends u n p a id ......................................................
Commercial deposits subject to check..................
Commercial certificates of dep o sit.........................
Due to banks and b an k ers......................................
Certified checks..........................................................
Cashier’s checks o u tstan d in g ..................................

Notes and bills rediscounted...................................
Bills p ay ab le.............................................................

T o ta ls.................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

53

STATE BANKS OF MICHIGAN.
No. 267.
E. JOSSMAN STATE BANK. CLARKSTON.
Organized November 25, 1902.
H a rr iso n

W alter,

P residen t;

D i r e c t o r s .— H a rriso n

M anley

B ow er,

V ice

P resid en t;

It.

E.

J ossm an,

C ashier.

W alter, M anley Bower, E dm und F o ster, George F. Gross, W. E. C lark,
Joseph A. Jossm an, A ndrew K. E dgar.
R eport of
Jan. 22.

Resources.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

) ,nans and discounts ...............................................

$52,820 45

$51,502 69

$54,521 55

$62,870 12

Ttonds m nrteages a.nd securities...........................

31,239 98

37,561 49

37,131 44

41,470 74

Prem ium s paid on bonds

...............

.................................
17 17

119 13

205 05

212 15

F u rn itu re and fix tu res......................................... . .

1,500 00

1,500 00

1,500 00

1,000 00

Due from other banks and bankers (not reserve
pities)
.................................................

2,984 64

3,005 97

5,881 85

1.9S4 11

9,818 44

10,398 43

13,470 03

9,375 04

O verdrafts ,.

...................................................

¡Ranking house

................................

Item s jn tran sit

........................... ..

iTnifpd S tates bonds

....................... ..

|~)ue from banks in reserve pities......................... .
F x changes for clearing h ouse.................................

4,750 00

6,206 00

4,182 00

4,699 00

..........................................................

350 00

400 00

467 50

1,057 50

¿Silver co in ....................................................................

228 50

215 70

348 15

316 60

Nickels and c e n ts............................................ ..
Checks, cash item s and internal revenue acc o u n t............................ ............................................

31 90

17 09

25 76

28 02

6 00

69 34

135 50

99 75

T o ta ls...................................................................

$103,747 08

$111,055 84

$117,868 83

$123,113 03

Liabilities.
«Capital stock paid i n ................................................

$20,000 00

$20,000 00

$20,000 00

$ 20,000 00

418 00

418 00

418 00

1,114 00

35 80

297 50

919 25

37 45

20,905 63

15,526 75

13,868 58

11,161 26

Savings dep o sits.........................................................

18,506 93

22,475 33

22,087 67

28,926 71

.Savings certificates of d ep o sit................................

43,880 72

52,338 26

60,575 33

61,873 61

$103,747 08

$111,055 84

$117,868 83

$123,113 03

IT & and National hank currency.......................
Oold coin . .

¿Surplus f u n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id ............................................... ..
d iv id e n d s u n p aid

..........................................

4 'ommercial deposits subject to check..................

Commercial certificates of dep o sit.........................
flue to banks and

hankers

Notes and bills rediscounted

T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

54

STATE BANKING DEPARTMENT.
No. 104.
BRANCH COUNTY SAVINGS BANK, COLDWATER.
Organized October 14, 1890.
B. S. S po ffo r d , P r e sid e n t;

F . L . B u r d ic k , Vice P r e s i d e n t ;

M . W . W im e r , Cashier.

D i r e c t o r s . — B.

S. Spofford, G. W. VanAken, N. A. Reynolds, F. L. B urdick, B. R. Moore,
A lfred M ilnes, S. II. Clizbe, N ew ton B aldw in, H a rry W oodward.
R eport of
Jan. 22.

R eport of
March 28.

Loans and disco u n ts............... .................................

$205 263 40

$218,186 88

$216,939 52

$201,372 05

Bonds, m ortgages and securities...........................

206,353 92

224,862 71

232,041 40

231,118 71

1,780 30

1,028 98

80S 27

759 77

Resources.

R eport of
June 9.
i

R eport of
Sept. 0.
1

Prem ium s paid on b o nds.........................................
O v erd rafts...................................................................
Banking h o u se............................................................
F u rn itu re and fix tu res..............................................
O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities)........................................................................

10,000 00

Item s in tr a n s it..........................................................

......................

U nited S tates b o n d s.................................................
Due from banks in reserve cities...........................

86,467 80

97,726 10

78,435 47

Exchanges for clearing house...................... ..........

89 08

1,382 38

392 43

3,102 31

U. S. and N ational b ank currency........................

14,269 00

19,435 00

15,076 00

10,970 00

68,730 85

Gold co in .....................................................................

16,130 00

17,120 00

16,585 00

15,115 00

Silver co in ....................................................................

1,824 88

2,005 29

2,188 10

1,542 15

Nickels and c e n ts......................................................
Checks, cash item s and internal revenue ac­
c o u n t.........................................................................

192 54

141 42

122 33

107 33

$532,370 98

$582,548 76

$562,678 52

$542,818 17

$50,000 00

$50,000 00

$50,000 00

$50,000 0D

12,000 00

12,000 00

12,000 00

12.000 00

2,938 83

4,244 91

5,322 27

3,913 59

85 00

25 00

Commercial deposits subject to ch eck ..................

77,407 80

89,230 99

81,512 27

77,539 02

Commercial certificates of dep o sit.......................

102,693 02

12S.034 69

129,153 67

116,974 14

2S7.245 73

298,413 17

284,000 31

282,326 42

§532 370 98

$582,548 76

$562,678 52

$542,818 17

T o ta ls...................................................................
Liabilities.
Capital stock paid i n ..............................................
Surplus f u n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id .....................................................
Dividends u n p a id ...............................

65 09

Due to banks and b an k ers......................................
Certified checks........................................................
Cashier’s checks o u tstan d in g ..................................
Savings dep o sits................................................
Savings certificates of d ep o sit..............................
Notes and bills red iscounted..................................
Bills p a y ab le.......................................................
T o ta ls..............................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

1

55

STATE BANKS OF MICHIGAN.
No. 292.
THE STATE BANK OF COLEMAN, COLEMAN, MICHIGAN.
Organized June 1, 1904.
C u M ILES

N ig g e m a n , P r e s i d e n t ; J a m e s E . C u r t ic e , V ice P r e s i d e n t ; W il l ia m
C a s h i e r ; W i l l i a m G. M c I n t y r e , A s s i s t a n t C a s h i e r .

H

D i r e c t o r s __Jam es

L.

E w in g ,

E. C urtice, E dw in B. K napp, F ra n ces B. Niggem an, C harles D. W illiam s,
C harles II. Niggem an, Jam es M. Allen.

Resources.

R eport of
Jan. 22.

R eport of
March 28.

Report of
June 9.

Report of
Sept. 6.

Loans and disco u n ts......................................

$36,141 39

Bonds, mortgages and securities................

2,084 50

Prem ium s paid on b o n d s............. .............. .
O v erd rafts.......................................................
Banking h o u se...............................................

1.894 85

F urniture and fix tu res.................................

1,353 32

O ther real e s ta te ....................................................... |
Due from other banks and bankers (not reservej
cities).............................................. .........................!
Item s in tra n s it.............................................
U nited States b o n d s....................................
Due from banks in reserve cities..............

21,593 82

Exchanges for clearing house....................
U. S. and N ational bank currency...........

2,258 00

Gold co in ........................................................

860 00

Silver co in .......... ........................... ................

254 50

Nickels and c e n ts....................................................... !
Checks, cash item s and internal revenue ac-j
c o u n t.................................. ......................................i

332 19
69 43

SG7,442 00

T o ta ls.
Liabilities.
Capital stock paid in ..............

$ 20,000 00

Surplus fu n d ...........................................................
Undivided profits, less current expenses, interest !
and taxes p a id ....................................................... :
Dividends u n p a id ....................................................... j
Commercial deposits subject to check ..........
i
'
Commercial certificates of dep o sit.........................

23,310 55

■

Due to banks an a b an k ers....................................... i
Certified checks........................................................... j
!
Cashier’s checks o u tstan d in g ................................... j
Savings deposits.........................................................
Savings certificates of dep o sit............................

23,914 66

Notes, and bills rediscounted..............................
Bills p ay ab le............................. .............................

T o ta ls.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$67,442 00

STATE BANKING DEPARTMENT.

56

No. 32.
FARMERS’ STATE BANK, CONCORD.
Organized November 20, 1886.
W il l ia m

D. C h a p p l e , P r e s i d e n t ; C. Y oun g , V i c e P r e s i d e n t ; P er c y E . C h a p p l e , C a s h i e r ;
C. V. C u t t in g , A s s i s t a n t C a s h i e r ; V io l a K e e l e r , A u d i t o r .
D ir e c t o r s .— W. D. Chapple, 1’. E. Chapple. C. Young. IL E. Dewey, F. P . D ann. A. S. W olcott,

\V. II. Magel.
Resources.

R eport of
Ja n . 22.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

Loans and disco u n ts.................................................

555,056 91

547,094 39

$54,702 J5

$50,554 07

Bonds, mortgages and securities...........................

58,677 50

57,577 50

60,452 50

6S,352 50

Prem ium s paid on b o n d s.........................................

050 00

525 00

500 00

.475 00

O v erd rafts.................................................. ................

327 IS

49 81

470 93

139 65

Banking h o u se............................................................

7,200 00

7,200 00

7,200 00

7,200 00

F u rn itu re and fix tu res..............................................

800 00

800 00

800, 00

800 00

Expenses, taxes and interest p a id .......................

86 07

144 45

O ther real estate
. ,
..........................
Due from other banks and bankers (not reserve
cities) ........................................................................
Item s in tr a n s it..........................................................

■

United S tates b o n d s.........................................
Due from banks in reserve cities...........................

32,257 93

47,487 70

61,048 40

60.517 .88

Exchanges for clearing h ouse.................................
U. S. and National bank currency ........................

3,430 00

3,931 00

5,168 00

3,220 00

Gold co in .....................................................................

4,060 00

4,215 00

3,410 00

3,350 00

Silver co in ....................................................................

380 00

687 00

350 00

. 700 00

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue ac­
count .........................................................................

C 21

16 25

8 32

27 85

97 49

■610 00

1 00

•■ 68 63

T o ta ls...................................................................

$163,029 29

$170,338 10

$194,112 10

$195,435 58

Liabilities.
Capital stock paid i n .................................................

$25,000 00

$25,000 00

$25,000 00

. ■$25,000 00

Surplus f u n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id ........................................................

5,000 00

' 5,000 00

5,000 00

5,000 00

1,030 43.

1,261 35

Dividends u n p a id ......................................................

120 00

30 00

Commercial deposits subject to check.................

32,579 43

25,780 59

31,972 68

30,814 24

100,329 86

114,527 51

131,108 99

133,314 99

$163,029 29

$170,338 10

$194,112 10

S195,435 58

45 00

Commercial certificates of d ep o sit........................
Due to banks and b an k ers......................................
Certified checks..........................................................
Cashier’s checks o u tstan d in g ..................................
Savings d ep o sits.........................................................
Savings certificates of dep o sit................................
Notes and bills rediscounted..................................
Bills p ay ab le...............................................................
T o ta ls...............................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

57

STATE BANKS OF MICHIGAN.
No. 174.
COMMERCIAL STATE BANK OF CONSTANTINE, CONSTANTINE.
Organized August 1, 1894.

S a m u e l G ib s o n , P r e s i d e n t ; J o h n B . G eo rg e , V i c e P r e s i d e n t ; J a m e s A. M a r s h , C a s h i e r ;
E . L. M a r s h , 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 — Jo h n B. George, Sam uel Gibson, W. H. B urger, C harles M. B urger. L. A. M elcher,

Jo h n Blue, C harles M. H agenbueh, Jam es A. M arsh, E obt. T. W eir.

Resources.

Una ns a n d discounts ...............................................

R eport of
Jan. 22.

$108,774 83

R eport of
March 28.

R eport of
R eport of
June 9. 1 Sept. 6.

$105,895 86

$97,162 71

$97,162 34

56,801 99

58,518 66

57,964 48

Donds m ortgages find securities...........................

58,017 99

O verdrafts . . . , t .......................................................

192 22

876 17

598 40

715 47

B anking h o u se........................................................ • •

5,174 30

5,194 52

5,794 52

5,794 52

F urn itu re and fix tu res..............................................

2,237 52

2,237 52

2,237 52

2,237 52

4,151 07

2,500 00

Due from other banks and bankers (not reserve
Item s in tr a n s it..........................................................
Uniter] ^tOt^S bonds , ....................................... .. .
•

Due from banks in reserve cities...........................

26,592 50

30,645 40

32,418 82

40,611 11

U. S. and National bank currency ........................

2,202 00

4,177 00

' 8,056 00

5,416 00

CJold c o in .....................................................................

6,422 50

0,255 00

5,605 00

5,630 00

, , . t ................................................... .

554 20

955 00

1,141 90

1,472 10

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue account,.........................................................................

125 02

110 30

117 87

129 74

60 69

148 45

469 S5

119 12

T o ta ls................................................ ...................

$210,353 77

$213,297 21

$216,332 32

$219,752 40

$25,000 00

$25,000 00

$25,000 00

$25,000 00

25,000 00

25,000 00

25,000 Ò0

852 79

2,460 45

1,078 97

Silver coin

.

Liabilities.
Capital stock paid i n ................................................
Surplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id ........................................................

25,000 00
498 70

Oommernial deposits subject to check..................

31,140 83

25,787 22

33,399 87

37,982 63

Oommercinl certificates of dep o sit.........................

123,096 88

119,186 38

101,757 33

97,430 90

'

Cashier’s cheeks outstanding'
.Savings d ep o sits.........................................................

5,617 36

17,470 82

28,714 67

T o ta ls...................................................................

$210,353 77

$213,297 21

$216,332 32

8


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

33,259 84

j

$219,752 40

5S

] ] j5

STATE BANKING DEPARTMENT.
No. 173.

FIRST STATE BANK OF CONSTANTINE, CONSTANTINE.
Organized June 28, 1894.
S. B. I I a g e n b u c h . P r e s i d e n t ; E d w in W. K b ig h t l b y , V i c e P r e s i d e n t ;
G eorge C r o s s e t t . H arv ey , C a s h i e r .
D ir e c t o r s .— J. M ark H arvey, S. B. IIagenbuch. D elia S. C rossett. E dw in W. KeightLey,

George C rossett H arvey, Levi A. Strohm , L. A. H arvey.

R esources.'

R eport of
Ja n . 22.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

Loans and disco u n ts.................................................

$115,795 10

8112,315 70

$107,74S 94

8122,576 58

Bonds, m ortgages and securities...........................

29,020 73

34,716 53

44,097 50

49,889 09

Prem ium s paid on b o nds.........................................

125 00

125 00

154 26

104 20

O verd rafts...................................................................

2,009 24

1,419 07

1,110 5S

1,049 50

Banking h o u se............................................................

5,300 00

5,300 00

0,800 00

0,913 85

F urniture and fixtures..............................................

28S 00

2S8 00

28S 00

288 00

O ther real e s ta te .........................................
Due from other banks and bankers (not reserve
cities) ........................................................................

14.485 19

13,985 19

225 00

Item s in tra n s it..........................................................

3,031 25

3,849 21

1,859 12

United States b o n d s.................................................
Due from banks in reserve citie's...........................

3,427 02

'
29,910 2S

41,420 85

09,162 21

53,378 47

Exchanges for clearing house*.................................
U. S. and National bank currency ........................

5,873 00

7,070 00

0,342 00

4.000 0 )

Gold co in ..........................................

5,000 00

5,000 00

5,000 00

5.000 fO

Silver co in ....................................................................

840 00

700 00

550 00

700 00

Nickels and c e n ts.........................
Checks, cash item s and internal revenue ac­
c o u n t..........................

171 02

93 78

83 11

140 01

007 59

740 40

1,735 00

206 08

$213,116 40

$227,028 85

$245,755 78

$247,799 52

$30,000 00

$30,000 00

830,000 00

$30,000 00

4,750 00

4,750 00

4,750 00

5,000 OO

1.244 38

1,402 02

1,193 20

1,230 95

37,878 84

32,806 93

37,559 74

31,999 17

3,859 57

3,768 52

1,025 00

T o ta ls...........................................................
Liabilities.
Capital stock paid i n .......................
Surplus fu n d ....................................
Undivided profits, less current expenses, interest
and taxes p a id ...................................
Dividends u n p a id ...............................
Commercial deposits subject to check...............
Commercial certificates of dep o sit................

4,187 88
V

Due to banks and b an k ers.....................
Certified checks..........................

79 30

Cashier’s checks o u tstan d in g ..................................
Savings d ep o sits.........................
Savings certificates of dep o sit.................

135,383 07

154,241 38

Notes and bills redisco unted....................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

175,302 10

...............

Bills p a y a b le .................................

T o ta ls................ ................

171,227 84

$213,116 40

$227,028 85

$245,755 78

$247,799 52

59

STATE BANKS OF MICHIGAN.
No. 281.
COOPERSVILLE STATE BANK, COOPERSV1LLE.
Organized October 27, 1903.

M il l a r d D u r h a m , P r e s i d e n t ; C olon C. L i l l i e , Dice P r e s i d e n t ; ■ C h a s . M. M oore , C a s h i e r .
D ir e c t o r s .— M illard D urham . Colon C. Lillie. C harles M. Moore, H enry F erguson,

E.

D. W right, N ora Oakes.

Resources.

R eport of
Jan. 22.

R eport of
Sept. 6.

R eport of
June 9.

R eport of
March 28.

1

Doans and disco u n ts.................................................

$19,384 80

$59,916 03

$70,308 02

$81,063 58

Donds rn nr t gages and securities...........................

21,844 00

29,054 00

45,684 00

54,237 03

261 25
O v erd rafts........................................i .........................

3.024 87

2,274 22

562 46

1,922 OO

B anking h o u se............................................................

2,000 00

2,000 00

2,618 83

2,018 8»

F urniture and fixtures..............................................

1,200 00

1,200 00

1,417 19

1,449 59

58 01
Due from other banks and bankers (not reserve
cities)...........................................................- ..........

575 54

073 51

781 93

270 87

I terns in tra n s it..........................................................

3,773 04

1,458 66

3,790 84

191 28

4,206 10

11,841 17

11,631 72

8,067 53

2,033 00

4,519 00

4,513 00

5,792 09

2,365 00

1,145 00

2,860 00

115 09

Silver co in ......................... ..........................................

910 50

423 50

485 50

435 89

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue acc o u n t......................................................... ..............

138 71

173 87

184 55

215 43

60 S3

948 01

270 70

600 60

T o ta ls...................................................................

$92,502 25

$115,627 57

$145,109 34

$157,639 09

Liabilities.
Capital stock paid i n ................................................

$15,890 00

$18,550 00

$20,000 00

$20,000 09

...............

United States honds ...............................................
Due from banks in reserve cities...........................
Exchanges for clearing h ouse.................................
U S. and N ational bank currency ........................
Gold co in .....................................................................

Surplus fund
.............................................
Undivided profits, less current expenses, interest
and taxes p a id ........................................................

198 44

584 05

744 47

Dividends u n p aid ...................................................... ....................
31,294 53
Commercial deposits subject to check .................

30,341 27

28,763 48

22,790 06

45,317 72

44,240 07

34,358 74

28,875 26

Commercial certificates of d ep o sit........................
Due to banks and b an k ers......................................
O r t itied checks..........................................................

/

Cashier’s checks o u tstan d in g ..................................
Savings dep o sits.........................................................

4,427 80

10,380 42

10,584 25

S av in g s certificates of d e p o s it...................................

17,869 99

51,022 05

74,645 56

Notes and bills rediscounted..................................

.......
1

T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

192,502 25

$145,109 34 i

$115,627 57
1

!

$157,039 0(1

60

STATE BANKING DEPARTMENT.
No. 183.
SANILAC COUNTY STATE BANK, CROSWELL.
Organized December 26, 1895.

J ohn

P . N ig g e m a n , Jit., P r e s i d e n t ; R o b e r t G ray , V i c e P r e s i d e n t ; W . C a l k in s , C a s h i e r ;
II. E . N ig g e m a 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 .— A. E . Sleeper, Jo h n P. Niggem an, J r., D. M cNair, R obert G ray, Jam es McColi.

Resources.

R eport of
Jan. 22.

R eport of
March 28.

Loans and d iscounts.................................................

$157,181 20

$157,507 71

Bonds, m ortgages and securities...........................

34,049 61

31,990 06

i

R eport of
June 9.

|

$156 790 64 !
31,393 05

R eport of
Sept. 6.
$159,862 51
31,146 54

Prem ium s paid on b o n d s.........................................
O v erd rafts...................................................................

905 33

273 00

295 17

313 38

B anking h o u se............................................................

2.500 00

2.500 00

2.500 00

2.500 00

F urniture and fix tu res..............................................

2.500 00

2.500 00

2.500 00

2.500 00

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities) .............................................................

544 70

2,110 32

1,204 06

4,448 89

34,431 20

25,364 87

29,S71 40

29,469 70

13,080 00

12,237 00

10,720 00

14,400 00

3,050 50

3,110 00

3,130 00

3,450 00

Silver co in ...........................

894 20

1,144 70

768 00

270 25

Nickels and c e n ts.....................................
Checks, cash items and internal revenue ac­
count ..........................
'

103 55

22 93

21 84

52 87

$249,840 29

$238,760 59

$239,194 16

$248,414 14

835,000 00

$35,000 00

$35,000 00

$35,000 00

8,000 00

8,000 00

8,000 00

8,000 00

2,539 28

3,772 83

4,919 56

5,458 82

Item s in tr a n s it..........................................................
U nited States b o n d s.............................................
Due from banks in reserve cities..........'...............
Exchanges for clearing h ouse.........................
U. S. and N ational bank currency ........................
Gold co in .........................

T o ta ls.....................................
Liabilities.
Capital stock paid i n .......................
Surplus fu n d .......................
Undivided profits, less current expenses, interest
and taxes p a id ..............................
Dividends u n p a id .......................
Commercial deposits subiect to check ...........

08,582 42

55,498 30

55,794 13

60,439 36

Commercial certificates of d ep o sit..................

120,830 30

122,616 38

122,878 42

127,353 12

13,837 86

13.873 08

12,602 05

12,162 84

$249,840 29

$238,760 59

$239,194 16

$248,414 14

Due to banks and b an k ers........

1,050 43

Certified checks........................
Cashier’s checks o u tsta n d in g .. .
Savings dep o sits.............................
Savings certificates of dep o sit................................
Notes and bills rediscounted....................
Bills p ay ab le.................................
T o ta ls............


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

i

STATE BANKS OF MICHIGAN.

61

No. 1S2.
STATE BANK OF CROSWELL, CROSWELL.
Organized December 4, 1895.
J o s e p h M. G a ig e , P r e s i d e n t ; W m . H . A i t k i n , V i c e P r e s i d e n t ; F r a n k J . B a t t e r s b e e C a s h i e r G eorge AV. S c i i l i c i i t i n g , A s s i s t a n t C a s h i e r .
D ir e c t o r s .— Joseph M. Gaige, W m . H . A itkin, M ary C. R ichardson, Jo h n II. R ichardson
F ra n k J. B attersbee, M elvin H . A itkin, A. H . Medbury.

Resources.

R eport of
Jan. 22.

R eport of
March 28.

R eport of
June 9-

R eport of
Sept. 6.

Loans and discounts.................................................

$97,900 96

$97,692 95

$91,947 28

$94,317 05

Bonds, mortgages and securities...........................

8,980 00

9,280 00

9,310 00

10,792 00

Prem ium s paid on b o n d s.........................................
O v erd rafts...................................................................

241 76

89 61

30 72

30 34

Banking h o u se............................................................

2,200 00

2,200 00

2,200 00

2,200 00

950 00

866 67

1,103 67

1,106 17

F urniture and fix tu res.............................................

-

N et E x p en se..............................................................

895 60

O ther real e s ta te .......................................................
Due from other banks and bankers (not reserve
cities)......................................................................

1,450 00

18 84

18,452 06

12,684 61

16,630 46

21,834 32

4,69S 00

4,928 00

2,317 00

5 00

45 00

696 10

701 65

836 65

43 07

76 68

81 62

107 07

339 99

52 13

187 35

590 51

$134,416 32

$128,366 14

$127,300 75

$139,669 70

$20,000 00

$20,000 00

$20,000 00

$20,000 00

3,380 00

3,380 00

3,380 00

3,380 00

158 67

119 43

1,347 04

.

6,103 59

Item s in tr a n s it..........................................................
U nited States b o n d s.............................. ..................
Due from banks in reserve cities.........................
Exchanges for clearing h ouse................................

285 78

U. S. and N ational Bank C urrency................ . . . .

1,981 00

Gold co in.....................................................................
Silver co in ................................................................
Nickels and c e n ts..................................................
Checks, cash item s and internal revenue ac­
count ............................................................

T o ta ls...............................................................
Liabilities.
Capital stock paid i n ...............................................
Surplus f u n d ..............................................
Undivided profits, less current expenses, interest
and taxes p a id ....................................................

271 65

Dividends u n p a id ..................................................
Commercial deposits subject to check..................

50,884 35

45,984 05

38,587 01

48,348 36

Commercial certificates of dep o sit........................

58,905 68 .

58,754 06

64,222 97

65,901 30

Due to banks and b an k ers......................................

1,246 29

89 36

991 34

693 00

$134,416 32

$128,366 14

$127,300 75

$139,669 70

Certified checks..................................................
Cashier’s checks o u tstan d in g ..................................
Savings d eposits.......................................................
Savings certificates of d ep o sit............................
Notes and bills rediscounted................................
Bills p ay ab le.......................................................
T o ta ls...........................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

STATE BANKING DEPARTMENT.

62

No. 17G.
DAVISON STATE BANK, DAVISON.
Organized December 28, 1894.
A. B.

C u l l e n , P r e s id e n t ; I s r a e l I I il l , V ice P r e s i d e n t ; w .
M. A. M c B ratney , A s s i s t a n t C a s h i e r .

G.

B il l in g s , C ash ier;

D i r e c t o r s . —A.

B. Cullen, Isra e l IIill, Jam es H. B ax ter, C harles B lackm ore, Geo. Leach,
Simeon 11. B illings, F ra n k II. Jaques, Sam uel T. H all, Wm. G. Billings.
1
Resources.
•

Bonds, mortgages and securities...........................

R eport of
Jan. 22.

R eport of
March 28.

R eport of
Ju n e 9.

1

R eport of
Sept. 6.

$56,576 59

$51,774 55

$50,460 17

$50,743 04

57,174 50

62,432 11

01.207 11

59,245 50

Prem ium s paid on b o n d s.........................................
O v e rd ra fts...................................................................

297 85

330 49

84 75

254 96

Banking h o u se............................................................

5,300 00

5,300 00

5,300 00

5,300 00

F u rn itu re and fix tu res.............................................

1,350 00

1,350 00

1,350 00

1,350 00

207 02

O th er real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities)........................................................................

465 90

Item s in tr a n s it..........................................................

415 44

2,083 96

740 00

2,000 00

U nited States b o n d s.................................................
Due from banks in reserve cities...........................

14,275 74

8,706 49

12,760 41

8,408 32

TT. ft and N ational bank onrrenov........................

4,534 00

3,735 00

2,129 00

4,340 00

d o ld co in .....................................................................

1,320 00

1,480 00

2,135 00

2,970 00

Silver co in ...................................................................

1,214 10

491 05

494 05

837 35

Nickels and c e n ts......................................................
•Checks, cash item s and internal revenue acc o u n t........................................................................

173 59

150 83

02 16

103 02

17 03

326 07

T o ta ls...................................................................

$142,682 27

$136,922 99

$140,392 68

$133,825 21

Liabilities
O apital stock paid i n ................................................

$20,000 00

$20,000 00

$20,000 00

$20,000 00

1,200 00

1,200 00

1,200 00

1,500 00

1,933 46

2,897 29

3,588 99

2,635 93

13,746 04

14,360 68

S urplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id .......................................................
Dividends u n p a id ......................................................

300 00

Commercial deposits subject to check .................

20,289 46

10,427 86
99,201 42

Commercial certificates of dep o sit........................
Due to banks and b an k ers......................................
Certified checks..........................................................
■

C ashier’s checks o u tstan d in g ..................................
Savings dep o sits.........................................................
Savings certificates of dep o sit................................

98,959 35

97,079 66

99,243 01

2,000 00

2,000 00

$136,922 99

$140,392 68

N otes and bills rediscounted..................................
Bills p ay ab le...............................................................
T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$142,682 27

$133,825 21
1

STATE BANKS OF MICHIGAN.

63

No. ±02.
FIRST STATE BANK OF DECATUR, DECATUR.
Organized September 19, 1890.
E. IS.

C o pley , P resid en t;

D i r e c t o r s . — A.

A. E.

L a w r e n c e , V ice P r e s i d e n t ;

L. D.

I I il l , C ashier.

W. Copley, K. IS. Copley, A. E. Law rence, A. W. Hay'd on, Belle F. Byers.
R eport of
Jan. 22.

R eport of
March 28.

R eport of
Ju n e 9.

Loans and disco u n ts.................................................

$58,313 57

$52,923 72

$58,129 12

$56,051 87

Bonds, m ortgages and securities...........................

50,050 25

56,071 25

54,121 25

55,371 25

Resources.

R eport of
Sept. G.

Prem ium s paid on b o n d s.........................................
O v erd rafts...................................................................

584 09

990 52

221 91

83 58

Banking h o u se............................................................

2,500 00

2,500 00

2,500 00

2,500 00

F u rn itu re and fix tu res.............................................

1,250 00

1,250 00

1,250 00

1,250 00

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities) ........................................................................

407 03

407 63

407 63

407 63

175 00

330 00

Item s in tr a n s it..........................................................

109 00

U nited States b o n d s.................................................
Due from banks in reserve cities...........................

18,209 80

21,476 71

19,345 23

26,891 06

Exchanges for clearing house.................................
U. S. and N ational bank currency ........................

4,445 00

5,118 00

4,640 00

2,697 00

Gold co in ................ .....................................................

4,393 00

4,928 00

4,133 00

4,283 00

Silver co in ....................................................................

934 40

605 GO

542 20

362 00

Nickels and c e n ts................................. .................
Checks, cash item s and internal revenue ac­
count .........................................................................

07 95

136 84

113 98

85 33

133 73

322 92

897 12

626 46

T o ta ls...................................................................

$147,470 48

$147,061 19

$146,301 44

$150,718 78

Liabilities.
Capital stock paid i n ................................................

$30,000 00

$30,000 00

$30,000 00

$30,000 00

5,000 00

5,000 00

5,000 00

5,500 00

3,515 45

4,232 22

4,909 25

4,255 47

Commercial deposits subject to check..................

51,326 71

46,546 49

51,411 72

56,049 10

Commercial certificates of d ep o sit.........................

24,563 97

29,652 74

27,093 07

28,257 62

33,004 35

31,629 74

27,887 40

26,656 59

$147,470 4S

$147,061 19

$146,301 44

$150,718 78

Surplus f u n d ........................................................... ....
Undivided profits, less current expenses, interest
and taxes p a id ........................................................
Dividends u n p a id ......................................................

Due to banks and b an k ers......................................
Certified checks..........................................................
Cashier’s checks o u tstan d in g ..................................

»

Savings d ep o sits.........................................................
Savings certificates of d ep o sit................................
Notes and bills rediscounted...................................
Bills p ay ab le.........................................................

T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

64

STATE BANKING DEPARTMENT.
No. 196.
FARMERS’ STATE BANK OF DECKERVILLE, DECKERVILLE.
Organized June 25, 1897.
I ra . A r n o t , P r e s i d e n t ;

D i r e c t o r s .— I r a

A m a n d a A r n o t , V ice P r e s i d e n t ; E .
N . L a n d s b u r g , A s s i s t a n t Cashier.

A rnot, A m anda A rnot, M yra A rnot M ark,

Resources.

R eport of
Ja n . 22.

E.

M . M a r k , C ash ier;

M. M ark, Vepnie A rnot Wooley.

R eport of
March 28.

R eport of
Ju n e 9.

R eport of
Sept. 6.

T.oans and d is c o u n ts .................................................

$132,037 36

$144,248 95

$138,397 35

$130,120 63

R onds m o rtg ag es a n d s e c u ritie s ..............................

15,986 20

10,698 45

17,098 45

16,633 10
1,299 50

P rem iu m s p aid on b o n d s .............................................

O v erd rafts...................................................................

882 03

1,236 99

468 81

R an k in g b o u s e ..................................................................

1,937 35

1,937 35

1,937 35

1,937 35

F u rn itu re and fix tu re s ..................................................

2,681 86

2,681 86

2,682 61

2,682 61

3,440 79

1,964 49

2,031 09

1,175 93

30,927 13

19,115 18

20,853 85

21,213 76

516 09

Of.ber real e s t a t e .............................................................

Due from other banks and bankers (not reserve
cities) ........................................................................
Ite m s in t r a n s i t ................................................................
U n ited S ta te s b o n d s ......................................................

Due from banks in reserve cities...........................

716 97

1,385 60

Fxcfia.nges for clearin g h o u s e ....................................

U S and N ational bank currency ........................

9,707 00

7,042 00

7,045 00

7,282 00
1,900 00

305 00

260 00

2,090 00

Silver c o in ....................................................................

549 30

463 70

42 00

7 85

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue acc o u n t.........................................................................

6 74

12 97

16 18

22 56

Gold co in ......................................................................

'

1,146 07

725 38

T o ta ls...................................................................

$199,186 14

$197,563 63

$193,808 76

$184,992 26

Liabilities.
Capital stock paid i n ................................................

$15,000 00

$15,000 00

$15,000 00

$15,000 00

3,000 00

3,000 00

3,000 00

3,000 00

3,353 42

3,318 63

2,682 64

1,131 65

Surplus f u n d ...............................................................
U ndivided profits, less current expenses, interest
and taxes p a id ........................................................
D ividends u n p a id ......................................................
Commercial deposits subject to check..................

44,802 81

45,997 82

38,695 60

32,644 80

Commercial certificates of d ep o sit.........................

133,029 91

130,247 18

134,430 52

133,215 81

$199.186 14

$197.563 63

Due to banks and b an k ers......................................
Certified checks..........................................................
C ash ier’s checks o u ts ta n d in g ..................................

Savings d ep o sits.........................................................
S a v in g s certific a te s of d e p o s it ................................
N o tes and hills re d is c o u n te d ...................................

Bills p ay ab le...............................................................
T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$184 992 26

$193.808 76
1

1

STATE BANKS OF MICHIGAN.

65

No. 195.
STATE BANK OF DECKERVILLE, DECKERVILLE.
Organized June 1, 1897.
H. A i t k i n , V i c e P r e s i d e n t ; C. E. M c C l u s k e y , C a s h i e r ;
M. E. W e s 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 . — Joseph M. Gaige, Wm. II. A itkin, H. C. A itkin, M. C. R ichardson, A. II. D avis,
M. H. A itkin.
J o seph

M.

G a ig e , P r e s i d e n t ; W m .

R eport of
Jan. 22.

R eport of
March 28.

Loans and disco u n ts.................................................

$107,735 27

$108,427 64

$111,403 20

$113,498 72

Bonds, m ortgages and securities...........................

4,076 35

5,586 35

6,036 35

5,586 35

Resources.

R eport of
Ju n e 9.

R eport of
Sept. 6.

Prem ium s paid on b o n d s.......................................
O v erd rafts...................................................................

1,074 48

1,148 22

1,223 02

737 93

Banking h o u se...........................................................

1,870 00

1,855 00

1,855 00

1,825 00

F u rn itu re and fix tu res.............................................

800 00

800 00

800 00

800 00

O ther real e s ta te .......................................................
Due from other banks and bankers (not reserve
cit ies)........................................................................

1,500 00

1,500 00

1,500 00

1,500 00

322 71

1,895 98

136 93

693 00

20,203 42

10,504 25

13,043 91

16,453 02

Item s in tr a n s it............................................... ..
United States b o n d s.................................................
Due from banks in reserve cities...........................

90 60

Exchanges for clearing h o u se.................................
U. S. and N ational b ank currency ........................

2,367 00

955 00

2,825 00

2,871 00

Gold co in .....................................................................

2,020 00

2,010 00

2,100 00

2,205 00

444 50

308 85

597 75

100 85

46

2 65

53 40

29 91

390 50

240 63

77 90

17 49

T o ta ls...................................................................

$142,804 69

$135,234 57

$141,743 06

$146,318 27

Liabilities.
Capital stock paid i n ................................................

$15,000 00

$15,000 00

$15,000 00

$15,000 00

1,800 00

1,800 00

1,800 00

2,400 00

2,881 46

3,090 57

3,723 50

279 09

Silver co in .................................................................
Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue ac­
count ........................................................................

Surplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id .......................................................
Dividends u n p a id .......................................................
Commercial deposits subject to check .................

35,792 99

33,688 95

32,324 16

34,219 66

Commercial certificates of dep o sit........................

83,731 71

81,636 21

88,895 40

94,203 32

Due to banks and b an k ers......................................

3,598 53

18 84

$142,804 69

$135.234 57

216 20

Certified checks..........................................................
Cashier’s checks o u tstan d in g ..................................
Savings dep o sits........................................................
Savings certificates of deposit........: ......................
Notes and bills rediscounted..................................
Bills p a y a b le .............................................................

T o ta ls...................................................................

$141.743 06
1

9

https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$146.318 27
1

66

STATE BANKING DEPARTMENT.
No. 210.
DELRAY SAYINGS BANK, DELRAY.
Organized October 17, 1898.

C h a r l es E . L yon, P resid en t; A n d r ew
D i r e c t o r s .— Chas.

II.

G r e e n , J r ., V i c e P r e s i d e n t ;

II.

E . C a n d l e r , C ashier.

E. Lyon, F. J. C lippert, C harles K. L ath am , F . A. S m ith, A ndrew H.
Green, J r., Geo. II. Russel, T. H. Sim pson.

Resources.

R eport of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

Loans and disco u n ts.................................................

$128,334 19

$113,079 04

$117,350 55

$135,687 49

Bonds, mortgages and s e c u ritie s ..........................

124,710 00

137,705 00

128,715 00

143,245 00

Prem ium s paid on b o n d s.........................................

300 00

300 00

300 00

200 00

O verdrafts.............. .....................................................

17 98

306 98

40 25

24 54

B anking h o u se............................................................

12,500 00

12,500 00

12,500 00

12,500 00

F urn itu re and fix tu res..............................................

2,700 00

2,700 00

27,329 96

13,193 68

65,649 11

63,511 08

2,700 00 •

2,200 00

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities) ........................................................................
Item s in tr a n s it..........................................................
United States b o n d s.................................................
Due from banks in reserve cities...........................
Exchanges for clearing h ouse.................................
U. S. and N ational bank currency ........................

6,489 00

8,159 00

4,528 00

10,710 00

Gold co in .....................................................................

4,840 00

2,145 00

5,560 00

5,810 00

Silver co in ......................................................... ..

1,993 75

798 30

1,515 15

2,448 20

167 79

98 71

97 61

145 02

853 80

1,248 91

535 10

81 25

T o ta ls................ ..................................................

$310,236 47

$292,234 62

$339,490 77

$370^562 58

Liabilities.
Capital stock paid i n ................................................

$25,000 00

$25,000 00

$25,000 00

$25,000 00

2,500 00

2,500 00

2,500 00

3,500 00

3,773 15

6,042 64

5,736 54

6,173 37

Commercial deposits subject to check .................

92,964 00

82,094 95

112,290 42

141,482 49

Commercial certificates of dep o sit.........................

2,235 14

2,025 23

3,215 38

2,972 87

2,245 95

1,019 99

305 48

181,518 23

173,551 81

190,442 95

197,433 85

$310.236 47

$292,234 62

$339,490 77

$376,502 58

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue ac­
count .........................................................................

Surplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id .......................................................
Dividends u n p a id ......................................................

Due to banks and b an k ers......................................
Certified checks..........................................................
Cashier’s checks o u tstan d in g ..................................
Savings d ep o sits.........................................................
Savings certificates of deposit................................
Notes and bills rediscounted..................................
Bills p ay ab le...............................................................

T o ta ls................ ..................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

STATE BANKS OF MICHIGAN.

67

No. 73.
CENTRAL SAVINGS BANK, DETROIT.
Organized April 19, 1888.
P. C o l l i n s , 1 s t V i c e P r e s i d e n t ; W m . T. G a g e , 2 n d V i c e
J. F o x , C a s h i e r ; M e y e r B i n g , 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. P. Holliday. Wm. T. Gage, H arry J. Fox, Chas. P. Collins. Alex. I. McLeod,
E d g ar R exford, Wm. Reid, II. S. B lum enthal, Sam uel T. Douglas.

W m.

P.

H o l l id a y , P r e s i d e n t ;
P r e sid e n t; H arry

C.

Resources.

Report of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

Loans and disco u n ts.................................................

$311,785 11

$339,589 78

$332,876 43 |

$317,297 16

Bonds, m ortgages and securities...........................

268,222 68

272,124 44

296.087 16

332.132 41

P re m iu m s paid on b o n d s.........................................
O v e rd ra fts .........................................................................

97 15

74 03

279 60

154 69

Banking h o u se...........................................................

9,731 50

9,731 50

9,731 50

17,606 50

F u rn itu re and fix tu res.............................................

1,400 00

1,650 00

1,650 00

1,650 00

O ther real e s ta te .......................................................
Due from other banks and bankers (not reserve
cities)........................................................................

3,439 09

3,439 09

3,439 09

3,439 09

6,427 86

2,805 00

2,326 50

1,700 00

D ue from banks in reserve cities...........................

74,735 18

82,813 95

125,655 4S

92,730 61

Exchanges for clearing h o u se.................... ............

7,722 77

4,635 26

12,838 87

9,092 93

TJ S and N ational b ank currency........................

24,618 00

22,351 00

23,465 00

32,741 00

Gold co in .....................................................................

• 5,465 00

6,585 00

6,172 50

8,527 50

Silver co in ...................................................................

1,874 75

1,444 45

939 00

1,334 80

Nickels and c e n ts.................................................. ....
Checks, cash item s and internal revenue acc o u n t........................................................................

222 99

121 86

127 73

144 54

528 19

698 68

118 38

740 23

T o ta ls...................................................................

$716,270 27

$748,064 04

$815,707 24

$819,291 46

Liabilities.
Capital stock paid i n ................................................

Item s in tr a n s it..........................................................
U n ite d States b o n d s.................................................

$100,000 00

$100,009 00

$100,000 00

$ 100,000 00

Surplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id .......................................................

30,000 00

30,000 00

30,000 00

30,000 00

6,900 43

7,952 00

16,180 18

8,510 11

Dividends u n p a id ......................................................

' 105 00

Commercial deposits subject to check .................

116,761 79

131,698 28

166,080 99

154,965 41

Certified checks..........................................................

1,034 36

1,787 89

3,308 57

5,363 74

Cashier’s checks o u tstan d in g ..................................

3,711 25

323 42

1,295 95

621 11

Savings dep o sits........................................................

444,224 25

452,770 45

473,801 25

502,860 79

Savings certificates of dep o sit................................

13,533 19

23,531 40

25,040 30

10,970 30

$716,270 27

$748,064 04

$S15,707 24

$819,291 46

Commercial certificates of dep o sit.........................
Due to banks and b an k ers......................................

Notes and bills rediscounted..................................
Bills p ay ab le...............................................................

T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

STATE BANKING DEPARTMENT.

68

No. 82.
CITIZENS’ SAVINGS BANK, DETROIT.
Organized March. 2, 1885,

;

;

R ic h a r d H . F y k e , P r e s i d e n t T h o m a s B e r r y , V ic e P r e s i d e n t F r a n k F . T il l o t s o n , C a s h i e r ;
F . J . K ir t s , A s s is ta n t C a sh ier; G e o . S. B a k e r , A u ditor.

T hom as B erry, C. A. K ent. F ra n k F. T illotson, R ich ard II. Fyfe, W. F. Jew ell,
F ra n k P. G lazier, George Osius, Theo. E. Quimby, D avid S. C a rter, G aylord W. G illis,
E'red P o stal.

D i r e c t o r s .—

Resources.

I R eport of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

Loans and disco u n ts......................

$835,166 40

$775,640 82

$828,919 39

$895,021 29

Bonds, m ortgages and securities.

461,578 61

457,424 60

464,314 68

500,545 69

Prem ium s paid on b o n d s.............

1,010 00

1,010 00

1,010 00

1,785 89

O v erd rafts........................................

779 54

230 06

411 27

357 90

B anking h o u se................................
\

F urniture and fix tu res..................
O ther real e s ta te ...................................................
Due from other banks and bankers (not reserve
cities)...................................................................
Item s in tr a n s it................................

14,460 50

14,460 50

14,460 50

115,468 68

116,447 38

108,126 09

27,780 83

27,958 84

16,699 05

13,960 50
96,719 52
14,089 69

U nited S tates b o n d s........................
Due from banks in reserve cities..

121,508 22

149,328 80

101,067 91

Exchanges for clearing h ouse........

10,824 92

21,777 82

16,529 59

21,837 61

U. S. and N ational bank currency.

61,131 00

37,788 00

50,601 00

56,692 00

Gold co in ............................................

50,522 50

52,515 00

64,235 00

61,027 50

Silver co in ...........................................

3,490 00

2,840 00

2,475 00

3,595 00

390 26

327 42

94 23

245 93

162 50

162 50

162 50

1,704,111 46

$1,657,911 74

$1,669,106 81

1,821,523 30

$200,000 00

$200,000 00

$200,000 00

$200,000 00

34,000 00

34,000 00

34,000 00

35,000 00

6,702 33

10,818 34

13,009 68

10,088 03

Dividends u n p a id .....................................

177 50

25 00

25 00

50 00

Commercial deposits subject to check.

525,738 91

465,325 29

452,642 05

628,463 53

Nickels and c e n ts.......................................................
Checks, cash items and internal revenue ac­
count .........................................................................
T o ta ls.
Liabilities.
Capital stock paid i n ..............
Surplus fu n d .........................................................
Undivided profits, less current expenses, interest
and taxes p a id .................................................

155,482 28

Commercial certificates of deposit........

40,506 29

39,019 76

49,885 06

53,640 00

Due to banks and b an k ers.....................

211,275 02

213,189 05

200,310 19

184,003 08

Certified checks.........................................

2,958 53

5,754 95

1,038 29

8,991 62

Cashier’s checks o u tstan d in g .................

1,599 50

Savings deposits........................................

611,989 71

Savings certificates of dep o sit...............

10 00

1,333 10

620,379 82

644,904 83

638,208 75

69,163 67

69,399 53

72,675 71

61,745 19

1,704,111 46

,657,911 74

$1,669,106 81

$1,821,523 30

Notes and bills rediscounted..................
Bills p ay ab le..............................................
T o ta ls.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

STATE BANKS OF MICHIGAN.

69

No. 47.
DETROIT SAVINGS BANK, DETROIT.
Organized 1849.
D. C.

D e l a m a ter , P r e s id e n t

;

C. A .

Reorganized July 18, 1871.

D ean,

V ice P r e s i d e n t E

u sta ce

C.

B ow man,

C ash ier;

C yru s B o ss, 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 re d eric

B. Sibley, George H endrie, Chas. A. D ean, W illiam K. Anderson,
E dm und A. C hapoton, D eW itt C. D elam ater, Jam es H. M uir, P h ilip H. M cM illan,
S. T. Miller.
Report of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

Loans and disco u n ts...................

«1,624,913 66

$1,528,272 86

$1,551,262 37

$1,535,171 25

Bonds, m ortgages and securities

4,678,130 89

4,673,886 34

4,693,139 25

4,714,702 58

12,056 10

11,931 10

11,800 10

11,681 10

3,240 49

1,130 19

•114 26

313 18

Resources.

Prem ium s paid on U. S. b o n d s ..
O v erd ra fts.....................................

R eport of
Sept. 6.

Banking house
F u rn itu re and fixtures
O ther real e s ta te .......................................................
Due from other banks and bankers (not reserve
c ities)........................................................................

2,261 45

2,240 45

2,150 45

2,122 95

235,583 63

244,129 48

249,687 33

242,412 12

Item s in t r a n s i t.........................................................

12,816 61

17,217 76

15,879 07

21,007 11

U nited S tates b o n d s.................................................

400,000 00

400,000 00

400,000 00

400,000 00
530,791 62

Due from banks in reserve cities...........................

494,327 83

578,802 50

667,813 97

Exchanges for clearing house.................................

28,467 20

21,292 73

36,242 93

27,929 76

U. S. and N ational b ank cu rren cy ........................

363,112 00

372,635 00

299,385 00

325,424 00

Gold co in ........................... ..........................................

311,540 00

358,695 00

405,270 00

362,722 50

Silver co in ....................................................................

47,575 05

29,120 70

2,663 00

4,915 95

Nickels and c e n ts..................................... ................
Checks, cash item s and internal revenue ac­
count ........................................................................

186 87

545 94

548 58

430 19

1,803 36

2; 435 84

6,424 67

1,394 67

8,216,015 14

$8,242,335 89

$8,342,386 98

1,181,018 98

$400,000 00

$400,000 00

$400,000 00

$400,000 00

200,000 00

200,000 00

200,000 00

200,000

300,775 11

300,481 77

319,144 73

322,920 25

Totals
Liabilities.
C apital stock paid i n ................................................
Surplus f u n d ........ .......................................................
Undivided profits, less current expenses, interest
and taxes p a id ........................................................

00

Dividends u n p a id ......................................................

2,165 00

1,550 00

Commercial deposits subject to check.................

569,803 81

507,834 53

Commercial certificates of d ep o sit........................

16,754 98

27,348 48

29,433 52

62,956 05

Due to banks and b an k ers......................................

108,860 33

78,585 56

210,659 98

115,990 42

9,415 67

10,531 40

28,629 78

Certified checks..........................................................

2,555 67

Cashier’s checks o u tstan d in g ..................................

100 00

Savings d ep o sits.........................................................

6,615,000 24

6,717,119 88

$8 216,015 14

$8,242,335 89

1,600
•520,488 30

00

650 00
482,267 52

97 59

225 82

6,650,431 46

6,567,379 14

Savings certificates of deposit
Notes and bills rediscounted.
Bills p ay ab le.............................

Totals


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$8,342,386

$8,181,018 93

7.0

STATE BANKING DEPARTMENT.
DETROIT TRUST COMPANY, DETROIT.
Organized November 15, 1900.

A l e x a n d e r M c P h e r s o n , P r e s i d e n t ; T h e o d o r e D. B u h l , E d w a r d H. B u t l e r , V i c e P r e s i d e n t s ;
H o w a r d D. L e s h e r , T r e a s u r e r ; R a l p h S t o n e , S e c r e t a r y ;
L a w r e n c e K . B u t l e r , A ss is ta n t Secretary.
D i r e c t o r s .— Ammi

W. W right, Theodore D. B uhl, H enry L. K an ter, Jam es E. D avidson,
F red erick E. D riggs, M erton E. F a r r, Jam es M cGregor, C harles A. Dean, Jam es N.
W right, E lish a H. F lin n , H enry P. B aldw in, C hester • G. W hite, E dw in C. N ichols,
George Peck, E d w ard H. B u tler, Jo h n H. Avery, D aniel L. Quirk, A lexander M cPherson,
Sidney T. M iller, F ra n k W. G ilchrist, E ldridge M. Fow ler, F ra n k W. Eddy, R asm us
H anson, L ucius Lilley, Jo h n S. G ray, E d w ard D. S ta ir, B enton H an ch e tt.

Resources.

R eport of
Ja n . 22.

R eport of
M arch 28.

R eport of
Ju n e 9.

R eport of
Sept. 6.

Collateral loans—tim e ..............................................

$1,173,159 3S

$1,303,088 59

$1,057,818 87

$1,052,871 72

Collateral loans— d em an d ........................................

225,549 05

255,834 05

204,752 64

198,652 64

Loans on real estate m ortgages, in office.... . ..
Loans on real estate m ortgages, w ith S tate
T reasu rer.................................................................

585,403 96

704,109 25

637,400 00

139,973 75

207,873 75

202,373 75

207,373 75

202,350 00

644,300 00

586,300 00

677,300 00

641,995 00

Other lo a n s.................................................................
Bonds—in office.........................................................
Bonds—w ith S tate T reasurer................................
•
S to ck s...........................................................................
T?p.a,l estate ow ned.....................................................
O ther in v estm en ts.....................................................
Advances to tr u s ts ....................................................

4,218 78

7,897 63

11,248 89

11,002 10

Prem ium s p a id ...........................................................

2,310 00

2,570 00

2,522 00

2,493 60

Due from approved reserve a g en ts......................

563,537 05

443,217 56

461,254 52

895,295 50

Due from other banks and b an k ers......................

1,397 44

1,397 44

357 51

357 51

73,370 74

70,706 98

73,071 15

Safe deposit v a u lts ....................................................
F u rn itu re and fix tu res.............................................

Cash ite m s...................................................................

70,573 81

Nickels and c e n ts......................................................

1 95

3 21

3 43

4 88

Silver co in ...................................................................

39 30

48 80

48 75

33 20

Gold co in .....................................................................

50 00

155 00

55 00

150 OO

U. S. and N ational b ank n o te s..............................

560 00

412 00

1,444 00

603 00

T o ta ls...................................................................

$3,478,974 47

$3,580,778 02

$3,332,286 34

$3,218,849' 05

$500,000 00

$500,000 00

$500,000 00

$500,000 00

500,000 00

500,000 00

500,000 00

500,000 00

185,666 76

200,619 86

217,491 92

219,823 85

T rust d eposits.............................................................

2,113,307 71

2,145,158 16

1,879,794 42

1,984,025 20

D eb en tu res..................................................................

180,000 00

235,000 00

235,000 00

15,000 00

$3,478,974 47

$3,580,778 02

$3,332,286 34

$3,218,849 05

Liabilities.
Capital stock paid i n ....................................... ..
Surplus fu n d ...............................................................
Undivided profits, less expenses, interest and
taxes p a id ................................................................
D ividends u n p a id ......................................................

O ther liab ilities..........................................................

T o ta ls.............................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

STATE BANKS OF MICHIGAN.

71

THE DETROIT UNITED BANK (LIMITED), DETROIT.
F r a n k B . L ela n d , P residen t; G eo . H .

H o p k in s , S il a s

B . C o l e m a n , V ice P r e s id e n t s ;

J a m e s I I . T r ib o u , C a sh ie r ; T h o m a s M il s o m , C . B . C r a m e r , A u d ito r s .
D i r e c t o r s .— F ra n k

B. L eland, W aldo A. Avery, Geo. H. H opkins, F re d M. W arner, A lbert
Teck, Silas B. Coleman, H enry W. S ta n d a rt.

Resources.

Report of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

F.

R eport of
Sept. 6.

Loans and d iscounts.................................................
$426,749 99

$421,595 72

$441,387 26

$470,194 03

23,919 57

53,480 17

72,237 82

60,905 00

T o ta ls...................................................................

$450,669 56

$475,075 89

$513,625 08

$531,099 03

Liabilities.
Capital stock paid i n ................................................

$100,000 00

$100,000 00

$100,000 00

$100,000 00

5,000 00

5,000 00

5,000 00

7,000 00

4,810 69

4,287 14

6,740 18

887 69

Savings d eposits........................................................

330,646 19

353,837 59

385,197 86

402,102 43

Savings certificates of dep o sit................................

10,212 68

11,951 16

16,687 04

21,108 91

$450,669 56

$475,075 89

$513,625 08

$531,099 03

Bonds, m ortgages and securities...........................
Prem ium s paid on b o n d s.........................................
O v erd rafts...................................................................
Banking h o u se...........................................................
F urniture and fix tu res.............................................
Other real e s ta te .................................... .-................
Due from other banks and bankers (not reserve
cities) ........................................................................
Item s in tr a n s it..........................................................
U nited States b o n d s.................................................
Due from banks and cash on h a n d ......................
Exchanges for clearing h ouse.................................
U. S. and N ational b ank currency ........................
Gold co in .....................................................................
Silver co in ...................................................................
Nickels and c e n ts..............
Checks, cash item s and internal revenue ac­
count ........................................................................

Surplus f u n d ...............................................................
U ndivided profits, less current expenses, interest
and taxes p a id .......................................................
Dividends u n p a id ......................................................
Commercial deposits subject to check..................
Commercial certificates of deposit. . .
Due to banks and b an k ers.....................
Certified checks.............
Cashier’s checks outstanding

Notes and bills redisronnted
Bills p ay ab le.

T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

72

STATE BANKING DEPARTMENT.
No. 9.
THE DIME SAVINGS BANK, DETROIT.
Organized April 5, 1884.

W m . L iv in g s t o n e , P r e s i d e n t ; J . L . H u d s o n , G e o r g e H . B a r b o u r , V ice P r e s i d e n t s C h a r l e s A. W a r r e n , C a s h i e r ; C. S. F l e m i n g , A s s i s t a n t C a s h i e r ; D. S. C a r n e g i e , A u d i t o r .

George H. B arbour, J. L. H udson, C. A. W arren, W illiam L ivingstone, Jam es B
M cKay, B ethune Duffleld, M arshall H. G odfrey, A ugustus C. S tellw agen.

D i r e c t o r s .—

Report of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

Loans and disco u n ts......................

$952,909 14

$1,063,940 62

$1,050,835 71

$1,039,674 38

Bonds, m ortgages and securities.

1,883,320 16

1,875,626 99

1,942,315 46

1,957,904 66

Prem ium s paid on b o n d s.............

9,000 00

9,000 00

9,000 00

8,500 00

O v erd rafts........................................

26 99

622 91

900 87

193 21

Banking h o u se................................

33,491 29

33,491 29

33,491 29

33,491 29

Resources.

F u rn itu re and fix tu res..................
O ther real e s ta te ................................ .......................
Due from other banks and bankers (not reserve
cities) ...................................................................

2,991 00

2,991 00

2,991 00

2,991 00

110,231 73

104,209 18

90,059 18

106,980 88

25,757 32

27,154 89

29,629 20

25,088 17

321,029 49

Item s in tr a n s it................................
U nited S tates b o n d s........................
Due from banks in reserve c itie s ..

469,642 21

416,803 61

379,934 39

Exchanges for clearing h ouse........

18,728 97

36,792 84

36,507 71

56,659 61

U. S. and N ational bank currency.

136,577 00

85,816 00

83,854 00

102,688 00

Gold co in ............................................

159,197 50

157,210 00

155,975 00

151,147 30

Silver co in ......................... ................

7,558 80

6,392 15

6,490 95

6,630 00

689 33

476 82

624 97

640 39

602 34

1,850 75

3,602 57

1,840 24

T o ta ls................................................................... $3,810,729 78

$3,822,379 05

$3,826,218 30

1,815,458 62

Nickels and c e n ts......................................................
Checks, cash item s and internal revenue ac­
count .......................................................

Liabilities.
Capital stock paid i n ..............
Surplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id .................................................

$ 200,000

00

$200,000 00

$200,000 00

$200,000 00

100,000 00

100,000 00

100,000 00

100,000 00

17,309 30

33,177 48

28,644 99

29,439 86
786,236 18

Dividends u n p a id ................................... .

36 00

Commercial deposits subject to check.

850,065 43

814,883 52

825,125 00

Certified checks.........................................

4,682 87

4,292 60

2,488 39

2,737 84

Cashier’s checks o u tstan d in g .................

38,131 39

8,215 79

3,882 28

14,474 35

6 00

Commercial certificates of deposit.......
Due to banks and b an k ers.....................

Savings d ep o sits........................................

2,455,481 22

2,529,950 59

2,512,240 64

2,537,508 21

Savings certificates of dep o sit...............

143,692 63

129,716 63

150,194 56

144,527 29

R eserve for t a x e s ....................................

1,330 94

2,142 44

3,642 44

528 89

$3,810,729 78

$3,822,379 05

$3,826,218 30

$3,815,458 62

Notes and bills rediscounted..................
Bills p a y ab le....................................
T o ta ls.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

73

STATE BANKS OF MICHIGAN.
No. 5.
THE GERMAN-AMERICAN BANK, DETROIT.
Organized February 3, 1883.
J ohn
D i r k c t o r s . — C.

S. G r a y , P r e s i d e n t ; C h a s . E . K a n t e r , L o u is B l it z , V ice P r e s i d e n t s ;
G e o . H . K ir c h n e r , C ash ier.

E. K an ter. Jo h n S. Gray, P h ilip B rei tm eyer, L ouis B litz, George H. K irchner.
R eport of
Jan. 22.

R eport of
M arch 28.

R eport of
June 9.

Loans and disco u n ts.................................................

$019,816 72

$032,777 53

$693,594 71

$692,88S 07

Bonds, m ortgages and securities...........................

424,900 28

425,201 88

431,826 47

436,766 15

625 84

1,196 69

321 12

1,015 36

Resources.

R eport of
Sept. 6.

Prem ium s paid on b o n d s.........................................
O v erd rafts...................................................................
Banking h o u se............................................................
F urniture and fix tu res.............................................

1,000 00

1,000 00

1,000 00

1,000 00

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
c ities)........................................................................

14,174 26

14,021 20

13,937 32

16,436 58

5,886 61

3,798 26

5,859 45

638 65

Item s in tr a n s it..........................................................

4,154 67

2,124 90

10,340 61

2,529 57

Due from banks in reserve cities...........................

222,695 43

249,497 67

216,267 79

202,249 73

Exchanges for clearing h o u se.................................

6,329 04

9,754 61

20,254 09

13,329 53

U. S. and N ational bank currency........................

99,553 00.

79,157 00

92,116 00

106,840 00

United S tates b o n d s.................................................

Gold co in .....................................................................

52,237 50

60,502 50

58,922 50

60,100 00

Silver co in .............. .....................................................

8,139 SO

2,641 90

4,632 65

3,555 55

Nickels and c e n ts. , ...................................................
Checks, cash item s and internal revenue acc o u n t.........................................................................

329 31

126 64

3,317 81

T o ta ls...................................................................
Liabilities.
Capital stock paid i n ................................................

243 SS

369 22

785 99

1,767 40

1,145 19

$1,463,100 27

$1.488,580 83

$1,551,083 99

$1,538,863 60

$100,000 00

$100,000 00

$100,000 00

$100,000 00

25,000 00

25,000 00

25,000 00

27,500 00

32,364 90

30,290 39

39,999 50

36,694 82

Commercial deposits subject to check.................

288,821 94

285,564 11

381,143 01

329,264 01

Commercial certificates of dep o sit........................

5,050 00

2,930 00

3,650 00

3,731 75

Due to banks and b an k ers......................................

67,893 05

52,111 68

25,890 17

46,301 95

Certified checks..........................................................

1,739 72

16,243 41

397 26

29,119 80

Cashier’s checks o u tstan d in g ..................................

433 25

2,675 10

4,756 53

1,030 03

Savings dep o sits.........................................................

941,857 41

967,772 14

970,247 46

965,221 24

$1,403,160 27

$1,488,586 83

$1,551,083 99

$1,538,863 60

Surplus fu n d ...............................................................
U ndivided profits, less current expenses, interest
and taxes p a id .......................................................

.

Dividends u n p a id ......................................................

Savings certificates of d ep o sit................................
Notes and bills rediscounted..................................
Bills p ay ab le...............................................................

T o ta ls...................................................................

10


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

74

STATE BANKING DEPARTMENT.
No. 90.
THE HOME SAVINGS BANK, DETROIT.
Organized December 11, 1888.
J am es

M c G r e g o r , P r e s i d e n t ; W . K. A n d e r s o n , C h a r l e s I . F a r r e l l , V i c e P r e s i d e n t s ;
J u l iu s II. I I a a s s , C ash ier ; E d w in J . E c k e r t , A r t h u r E . L o c h ,

A s s i s t a n t C ashiers.
D i r e c t o r s .— Jam es

McGregor, Ohas. I. F a rre ll, L e a rtu s Connor, F red erick G uenther, R alph
I ’helps. J r., Ju liu s H. H aass, Geo. H. C lippert, Wm. K. A nderson, O rla B. T aylor, Em ory
W. Clark.
Resources.

R eport of
Jan. 22.

R eport of
M arch 28.

R eport of
June 9.

R eport of
Sept. 6.

Loans and disco u n ts.................................................

$1,234,998 17

$1,238,415 67

$1,320,612 96

$1,248,916 82

Bonds, m ortgages and securities...........................

1,545,714 39

1,533,271 17

1,537,373 02

1,623,640 60

116 59

215 20

60 33

359 75

Prem ium s paid on b o n d s.........................................
O v erd rafts...................................................................
Banking h o u se............................................................
F urniture and fix tu res..............................................

10,000 00

10,000 00

10,000 00

10,000 00

'O ther real e s ta te ........... ...........................................
Due from other banks and bankers (not reserve
cities) ........................................................................

72,054 63

74,204 63

63,787 34

61,537 34

6,257 27

8,316 03
10,188 31

7,751 50

470,869 46

Item s in tr a n s it..........................................................
U nited S tates b o n d s.................................................
Due from banks in reserve cities...........................

412,363 66

481,010 85

453,394 04

Exchanges for clearing h o u se.................................

20,906 00

29,874 30

22,805 95

55,338 92

U. S. and N ational bank currency........................

97,653 00

113,947 00

110,104 00

141,863 00

Gold co in .............................................................

68,947 50

73,065 00

70,610 00

73,835 00

Silver co in ....................................

6,267 50

8,420 00

6,280 00

6,410 00

Nickels and c e n ts..........
Checks, cash item s and ihternal revenue ac­
count ..................................

2,115 13

2.661 05

1,823 77

503 72

278 53

259 15

624 56

416 84

$3,477,672 37

$3,573,666 05

$3,607,664 28

$3,701,442 95

$200,00000

$200,000 00

$200,000 00

$200,000 00

90,000 00

90,000 00

90,000 00

100,000 00

7,138 04

21,355 44

35,212 18

19,766 97

578,586 48

581,543 48

639,201 37

630,143 24

4,873 35

5,828 26

12,925 90

39,805 34

50,069 67

45,029 57

56,729 47

51,920 37

8,345 33

12,890 47

23,576 60

21,840 69

2,472,349 37

2,552,024 08

2,479,238 88

2,553,793 14

60,309 53

64,988 75

70,779 88

84,173 20

$3,477,672 37

$3,573,660 05

$3,607,664 28

$3,701,442 95

T o ta ls.............................
Liabilities.
Capital stock paid i n .......................
Surplus fu n d ...........................
U ndivided profits, less current expenses, interest
and taxes p a id ..............................
Dividends u n p a id ...................................
Commercial deposits subject to check .................
Commercial certificates of deposit....................
Due to banks and b an k ers.................
Certified checks..............
Cashier’s checks o u tstan d in g ...........
Savings d ep o sits.....................
Savings certificates of dep o sit.................
Notes and bills rediscounted............................
Bills p ay ab le...........................

T o ta ls...............................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

75

STATE BANKS OF MICHIGAN.
No. 94.
THE MARINE SAYINGS BANK OF DETROIT, DETROIT.
Organized March 23, 1890.
J.

W.

D a il e y ,

P r e s id e n t;

J o h n P r i d g e o n , J r ., V ic e P r e s i d e n t ;
G e o r g e R . B e a r d , A s s i s t a n t C a s h ie r .

War.

E.

R e il l y ,

C a s h ie r ;

A. A. P ark er, J. W. Dailey, Sidney T. M iller, John Pridgeon, J r., C harles F.
Bielm an, I j. C. W aldo, R obert T. G ray, M. E. F a r r, F ra n k F iler,
Ja s. E. D anaher.

D i r e c t o r s .—

Resources.

R eport of
Ja n . 22.

R eport of
March 28.

R eport of
Ju n e 9.

R eport of
Sept. 6.

T,oans and discounts.................................... ............

$358,141 28

$383,452 97

$364,483 82

$329,457 46

■Ronds, m ortgages and securities...........................

241,743 11

225,464 66

231,856 24

225,082 81

3 13

534 44

29 32

P rem iu m s paid on b o n d s

O v erd rafts...................................................................
R anking bo u se

',

.

..........................................

F u rn itu re and fixtures.............................................

2,049 10

2,049 10

2,049 10

2,049 10

O ther real e s ta te .......................................................
Due from other banks and bankers (not reserve
cities)
...............

11,187 27

25,491 35

11,333 14

13,937 65

Item s in tr a n s it..........................................................

403 13

1,010 84

1,791 74

3,746 59

Due from banks in reserve cities...........................

94,883 18

41,885 36

57,714 89

112,565 61

Exchanges for clearing house.................................

4,091 15

8,035 94

2,710 94

5,455 57

U. S. and N ational bank currency........................

19,839 00

22,340 00

16,819 00

22,471 00

Gold co in .....................................................................

15,432 50

15,450 00

10,900 00

11,215 00

Silver co in ...................................................................

2,997 95

1,671 50

2,642 15

5,282 00

U n ited S ta te s b o n d s

Nickels and c e n ts......................................................
Checks, cash item s and internal revenue ac­
count ........................................................................

106 23

164 66

106 38

179 30

1,321 24

608 08

332 59

1,648 58

T o ta ls...................................................................

$752,255 14

$727,627 59

$703,274 43

$733,119 99

Liabilities.
Capital stock paid i n .....................- ........................

$100,000 00

$100,000 00

20,000 00

20,000 00

20,000 00

20,000 00

13,407 67

16,504 14

20,067 77

14,022 28

225,164 28

225,374 75

283,520 06

Surplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id .......................................................
Dividends u n p a id .......

$100,000 00

$100,000 00

55 92

138 00

Commercial deposits subject to check.................

268,831 19

Commercial certificates of dep o sit........................

10,772 91

8,331 68

8,185 08

7,948 40

Due to banks and b an k ers......................................

10,000 00

10,000 00

10,000 00

10,000 00

Certified checks..........................................................

1,237 45

1.271 35

259 10

655 34

Cashier's checks outstanding

20 84

Savings deposits.........................................................

271,604 41

267,413 83

241,966 26

251,053 54

Savings certificates of dep o sit................................

56,263 51

58,921 47

37,421 47

45,864 45

20,000 00

40,000 00

$727,627 59

$703,274 43

N ofcs and bills red isco u n ted

Bills p ay ab le. . . . ; .....................................................

T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$752,255 14

$733,119 99

76

STATE BANKING DEPARTMENT.
No. 81.
MICHIGAN SAVINGS BANK, DETROIT.
Organized February 19, 1877.

G eorge

P eck,

P r e s id e n t;

C h a r l e s >C. J e n k s , V ic e P r e s i d e n t ;
C h a r l e s E m e r s o n , S e c r e ta r y .

George

W il e y ,

T rea su rer;

T r u s t e e s . — C larence

M. B urton, H enry A. Cleland, Simon J. M urphy, George Peck, F ra n k
C randell, C harles C. Jenks, H oyt P ost, F. A. Goodrich, Jam es D. S tan d ish , C ladius H.
C andler, George W iley.
Resources.

R eport of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

Loans and disco u n ts.................................................

$1,053,228 35

$1,035,652 96

$973,263 38

$1,064,518 45

Bonds, m ortgages and securities...........................

736,800 61

727,975 61

764,132 94

797,442 94

Prem ium s paid on b o n d s.........................................

5,000 00

5,000 00

5,000 00

4,300 00

O v erd rafts...................................................................

289 73

344 11

245 66

849 30

Banking h o u se............................................................
F u rn itu re and fix tu res.............................................

2,200 00

2,200 00

2,200 00

2,000 00

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities)......................................................... ..............

64,487 75

64,487 75

41,987 75

35,877 75

5,000 00

5,000 00

5,000 00

Item s in tr a n s it..........................................................
U nited States b o n d s.................................................
277,411 43

Due from banks in reserve cities...........................

234,315 04

324,407 47

317,815 29

Exchanges for clearing house.................................

8,207 37

8,201 58

16,892 88

12,153 49

U. S. and N ational bank currency........................

43,324 25

33,816 00

35,705 00

25,162 00

Gold co in .....................................................................

60,967 50

60,360 00

60,650 00

63,376 00

Silver co in ....................................................................

1,631 55

1,613 20

1,830 10

1,534 25

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue ac­
count .........................................................................

125 40

138 58

92 83

81 52

5,777 59

342 02

2,584 92

756 39

T o ta ls...................................................................

$2,221,355 14

$2,269,539 28

$2,227,400 75

$2,285,463 52

Liabilities.
Capital stock paid i n ................................................

$250,000 00

$250,000 00

$250,000 00

$250,000 00

100,000 00

100,000 00

100,000 00

100,000 00

35,381 16

38,342 31

40,978 33

38,905 90

Surplus f u n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id ........................................................
Dividends u n p a id ......................................................

168 00

Commercial deposits subject to ch eck.................

491,034 96

485,162*40

Commercial certificates of dep o sit........................

17,355 37

28,873 57

20,078 27

23,341 61

Due to banks and b an k ers......................................

11,079 95

10,637 29

7,855 41

8,904 99

Certified checks..........................................................

934 06

3,425 94

558 42

4,646 53

Cashier’s checks o u tstan d in g ..................................

236 65

349 22

4 85

418 77

Savings deposits.........................................................

1,189,282 82

1,213,968 39

1,207,448 85

1,200,285 95

Savings certificates of dep o sit................................

125,882 17

138,780 16

131,523 22

127,618 85

$2,221,355 14

$2,269,539 28

$2,227,400 75

.$2,285,463 52

70 00
468,953 40

531,270 92

Notes and bills rediscounted..................................
Bills p ay ab le...............................................................

T o ta ls...............................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

77

STATE BANKS OF MICHIGAN.
No. 15.
THE PENINSULAR SAVINGS BANK, DETROIT.
Organized August 27, 1887.
A.

J r ., P r e s i d e n t ; E. IT. D o y l e , 1 s t V ic e P r e s i d e n t ; A l b e r t H. W e b b , 2 d V ic e
P r e s i d e n t ; J . H. J o h n s o n , C a s h ie r ; J . A . L a t t a , H. H. E l l e r t o n , A s s i s t a n t C a s h ie r s .
C h afo to n ,

D i r e c t o r s .— E

O. Grosvenor, H erm an Becker, P. H ow ard, M. B rennan, J. M. Dwyer, A.
Chapoton, J r., S. W. C larkson, A lbert IT. Webb, E d w ard II. Doyle, Jo h n H. Johnson,
C ornelius C orbett, Geo. H. Lesher, D. H. M acLachlan, J. A. L a tta .
R eport of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

Loans and discounts................................................. $2,175,063 94

$2,264,588 01

$2,274,567 21

$2,308,897 08

Bonds, m ortgages and securities...........................

1,074,148 62

1,099,965 90

1,008,384 78

1,258,484 16

Prem ium s paid on b o n d s.........................................

4,500 00

4,500 00

4,500 00

Resources.

O v erd rafts...................................................................

1,918 39

1,456 43

1,080 75

822 84

B anking ho u se............................................................

175,000 00

175,000 00

175,000 00

175,000 00

F u rn itu re and fixtures.............................................

13,000 00

13,000 00

13,000 00

12,500 00

Other real e s ta te .......................................................
Due from other banks and bankers (not reserve
cities)........................................................................

61,646 65

61,665 66

77,665 66

78,870 02

18,506 19

16,934 09

20,235 40

25,194 73

Item s in tr a n s it..........................................................

40,446 39

61,753 55

72,515 56

75,839 45

Due from banks in reserve cities............ .............

455,371 14

351,899 09

321,536 33

344,697 61

Exchanges for clearing house.................................

33,618 17

55,008 10

65,648 56

71,967 98

TJ. S. and N ational bank currency........................

208,375 00

196,470 00

255,405 00

220,055 00

United States b o n d s.................................................

Gold co in .....................................................................

76,227 50

71,862 50

74,822 50

75,680 00

Silver co in ...................................................................

21,890 25

25,648 25

11,087 25

6,380 50

Nickels and c e n ts......................................................
Checks, cash item s and internal revenue ac­
count ........................................................................

1,885 00

1,053 16

694 98

1,125 48

8,489 25

6,788 52

11,306 06

10,332 14

T o ta ls................................................................... $4,370,086 49

$4,407,593 26

$4,387,450 04

$4,665,846 99

$300,000 00

$300,000 00

$300,000 00

$300,000 00

60,000 00

60,000 00

60,000 00

60,000 00

13,151 69

23,382 73

9,742 41

14,719 85

1,037,740 39

1,087,194 63

1,484,708 57

Liabilities.
Capital stock paid i n ................................................
Surplus fu n d . . ...........................................................
U ndivided profits, less current expenses, interest
and taxes p a id .......................................................
D iv id en d s u n p a id . . .

Commercial deposits subject to check .................

18 00

397 50
1,136,179 93

Commercial certificates of dep o sit........................

12,345 09

11,020 37

13,440 14

14,418 00

Due to banks and b an k ers......................................

952,054 81

972,771 89

896,828 37

785,658 60

Certified checks..........................................................

21,380 81

13,606 82

14,772 29

23,570 61

2,653 10

22,579 41

Savings d eposits.........................................................

1,728,887 48

1,804,063 03

1,832,103 80

1,804,818 21

Savings certificates of deposit................................

142,436 08

162,428 02

173,368 40

177,935 15

T o ta ls................................................................... $4,370,086 49

$4,407,593 26

$4,387,450 04

$4,665,846 99

C ashier’s eheeks o u ts ta n d in g

Notes and bills rediscounted..................................
Bills p ay ab le...............................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

STATE BANKING DEPARTMENT.

78

No. 52.
PEOPLE’S SAVINGS BANK, DETROIT.
Organized January 1, 1872.

; P. A. S c h u l t e , V ic e P r e s i d e n t ; G e o . B. L aw son , C a s h ie r ;
R. W. S m y l i e , A u d i t o r ; J. T. K e e n a , A t t o r n e y .
D i r e c t o r s . — F. F. P alm s, Geo. F . L aw son, M. W. O’B rien, F. A. Schulte, Geo. II. B arbour,
Jerem iah Dwyer, C. A. D uCharm e, F re d T. M oran, Sigm und R othschild, M. J. M urphy.
M. W.

O ’B r i e n , P r e s i d e n t

Resources.

R eport of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

Loans and disco u n ts.................................................

S3,002,911 0G

$2,950,177 79

$2,846,961 23

$4,089,881 08

Bonds m ortgages and securities...........................

4,969,437 60

5,521,817 49

5,494,584 81

4,446,491 51

Prem ium s paid on b o n d s.........................................

9,793 65

8,610 35

11,180 35

8,619 35

326 95

1,258 46

6,808 97

7,953 67

125,095 90

120,101 96

119,158 43

112,985 94

21,640 49

28,174 80

27,957 96

10,544 18

13,535 06

14,200 13

22,601 52

18,766 91

Uup frnm hanks in reserve cities...........................

1,148,366 08

1,094,421 03

1,063,209 47

1,137,387 96

Exchanges for clea,ring house.................................

33,443 64

67,111 37

64,208 45

63,378 21

TT S find National bank currency........................

377,427 00

199,906 00

302,116 00

289,954 00

(“{old coin

..................................................................

291,682 50

273,342 50

304,180 00

277,330 00

Silver coin ..................................................................

17,725 00

13,355 00

16,410 00

21,745 00

"Wideels and c e n ts......................................................
Checks, cash item s and internal revenue account
...................................................

812 84

1,010 29

1,008 47

1,379 33

3,933 02

3,502 27

937 96

3,330 80

............................................... .$10,016,130 85 $10,290,989 44 $10,281,443 62

$10,495,747 94

Oyppd rafts

.......................................................

n t h pr real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities) t ..................................................................
in transit, ........................................................
U nited States b'nnds

Totals

..............................

Liabilities.
Capital stock paid i n ......................... .......................

$500,000 00

$500,000 00

$500,000 00

$500,000 00

Surplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id .......................................................

175,000 00

175,000 00

175,000 00

200,000 00

94,990 74

108,802 70

123,577 28

100,177 59

Uividends unpaid . . . T ........................................

660 00
1,483 282 00

Commercial deposits subject, to check..................

1,332,430 93

1,399,800 40

1,405,494 42

Commercial certificates of dep o sit.........................

44,384 08

38,617 84

54,725 53

57,076 06

Due to banks and b an k ers......................................

579,263 71

617,226 98

540,608 81

501,458 80

Certified checks..........................................................

3 449 91

15,382 64

4,458 31

7,541 26

6,752 405 22

6,S82,678 79

6,929,520 15

6,905,604 36

559,480 09

548,059 12

680,607 87

T o ta ls................................................................... $10,016,130 85 $10,296,989 44 $10,281,443 62

$10,495,747 94

•Cashier's chocks o u tstan d in g ............................*. . .
Savings d e p o s its ,.......................................................
Savings certificates of dep o sit................................

533,546 26

Notes and bills rediscounted..................................
Bills p ay ab le...............................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

STATE BANKS OF MICHIGAN.

79

No. 7.
STATE SAVINGS BANK, DETROIT.
Organized October 24, 1883.
II.
R. S.

G eorge

R u s s e l , P r e s i d e n t ; R u f u s W. G i i v l e t t , H. C. P o t t e r , J r ., V ic e P r e s i d e n t s ;
M a s o n , C a s h ie r ; A u s t i n E. W i n g , H. P. B o r g m a n , A s s i s t a n t C a s h ie r s ;
E u g e n e A. S u n d e r l i n , A u d ito r .

D i r e c t o r s .— George

H. Russel, R obert S. Mason, H enry Russel, H enry B. L edyard, Russell
A. Alger, H enry M. Campbell, R. W. G illett, Wm. C. M cM illan, Chas. L. F reer, F ra n k J .
Hecker, P e te r W hite, T ru m an II. Newberry, H enry C. P o tte r, J r., H ugo Scherer, W. T.
B arb o u r, Ja s. H. Eckels, Thos. H. H ubbard, W. K. Bixby.
R eport of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

Loans and d iscounts................................................. .$7,041,755 83

$7,178,238 60

$7,349,554 03

$7,478,882 01

Bonds, m ortgages and securities...........................

4,810,273 34

4,806,922 74

4,883,595 57

4,780,286 72

Prem ium s paid on b o n d s.........................................

20,547 50

20,347 50

20,347 50

20,272 50

O v erd ra fts...................................................................

1,696 95

3,156 49

4,873 68

3,701 93

Banking h o u se............................................................

250,000 00

250,000 00

250,000 00

250,000 00

Resources.

R eport of
Sept. 6.
1

F urn itu re and fixtures..............................................

28,206 88

28,206 88

28,206 88

28,206 88

O th er real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities) ........................................................................

162,701 15

168,776 09

167,081 98

163,760 22

4S,561 89

47,351 32

77,559 09

63,815 28

Item s in tr a n s it..........................................................

134,116 46

170,496 65

163,185 05

146,691 31
1,892,179 59

U nited S tates b o n d s.................................................
Due from banks in reserve cities...........................

1,813,218 14

1,805,278 79

1,756,589 76

Exchanges for clearing'house.................................

186,354 21

89,883 53

112,806 95

167,153 20

U. S. and N ational bank currency........................

538,019 00

289,034 00

567,064 00

529,202 00

Gold co in .....................................................................

434,593 10

544,077 80

457,548 67

746,772 24

Silver co in ...................................................................

68,182 69

89,326 25

96,244 70

104,592 68/

Nickels and c e n ts......................................................
Checks, cash item s and internal revenue acc o u n t........................................................................

17,461 42

20,501 40

19,081 76

19,868 74

57,187 4S

7,924 50

28,694 92

15,890 80

T o ta ls................................................................... $15,612,870 04 $15,525,522 54 $15,982,434 59

$16,411,276 10

Liabilities.
Capital stock paid i n ................................................

$1,000,000 00

$1,000,000 00

$1,000,000 00

$1,000,000 00

Surplus f u n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id .......................................................

750,000 00

750,000 00

750,000 00

750,000 00

100,622 84

104,337 74

96,774 98

90,627 52

Dividends u n p a id ......................................................

1,000 00

Commercial deposits subject to check.................

4,835,434 91

4,684,009 25

5,418,122 92

5,659,148 41

Commercial certificates of dep o sit........................

34,000 00

25,000 00

25,000 00

25,000 00

Due to banks and b an k ers......................................

2,834,215 44

2,669,850 90

2,383,963 40

2,368,940 22

Certified checks..........................................................

6,028 89

39,855 03

41,982 27

30.769 65

Cashier’s checks o u tstan d in g ..................................

12,971 09

18,219 47

16,892 53

99,772 02

Savings dep o sits.........................................................

5,288,758 00

5,424,095 75

5,485,196 81

5,526,375 59

Savings certificates of deposit................................

749,844 87

809,554 40

764,501 68

854,642 69

T o ta ls................................................................... $15,612,870 04 $15,525,522 54 $15,982,434 59

$16,411,276 10

Notes and bills rediscounted..................................
Bills p ay ab le...............................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

80

STATE BANKING DEPARTMENT.
THE UNION TRUST COMPANY, DETROIT.
Organized November 24, 1890.

D.

M.

F e r r y ., P r e s i d e n t ; W. C. M c M i l l a n , C h a ir m a n o f E x e c u t i v e C o m m itte e ; E l l w o o d T.
H a n c e , F i r s t V ic e P r e s i d e n t a n d T r e a s u r e r ; A . E . F . W h i t e , S e c o n d V ic e P r e s id e n t: ;
O h a k l e s M o o r e, S e c r e ta r y ; G e r a l d J . M cM e c h a n , A s s is ta n t S e c r e ta r y ; C h a r l e s R .
D u n n , A u d i t o r ; H . B . H o y t , T r u s t O ffice r ; T h e o . L u c e , J r ., B o n d O fficer.

D i r e c t o r s .— Geo.

H. B arbour, W. C. M cM illan, D. C. W hitney, D. M. F erry , H ugh M cMillan,
Simon J. M urphy, A. E. F. W hite, C harles Stinchfield, Jam es D. S tandish, Ellwood T.
H ance, C. A. D uCharm e, H enry Russel, T. H. New berry, E llio tt T. Slocum, F. J. H ecker,
Geo. H. H opkins, H. A. C onant, H erb ert E. B oynton, P h ilip H. M cM illan, C harles L.
P alm s, Lem W. Bowen, George H endrie.

Resources.

R eport of
Jan. 22.

R eport of
March 28.

R eport of
Ju n e 9.

R ep o rt of
Sept; 6.

Collateral loans— tim e ..............................................

S3,005,742 55

$2,900,469 30

$3,114,437 75

Collateral loans— d em an d .......................................

834,768 86

856,701 87

919,780 51

800,706 09

Loans on real estate m ortgages, in office . . . .
Loans on real estate m ortgages, w ith Collateral
Deposit C o..............................................................
Loans on real estate mortgages, w ith S tate
T reasu rer.................................................................

855,726 21

840,294 46

832,034 45

738,105 12

211,600 00

209,100 00

211,800 00

O ther lo an s.................................................................

101,462 62

104,307 21

106,544 81

101,294 65

Bonds—in office.........................................................

1,360,458 15

1,341,395 65

1,309,310 65

1,358,146 10

S to ck s...........................................................................

191,200 00

191,200 00

191,200 00

206,200 00

Real estate ow ned.....................................................

53,932 13

59,442 81

68,936 56

83,726 36

O ther in v estm en ts.....................................................

159,005 00

157,980 00

160,425 00

159,250 00
160,717 08

$3,059,312 75

142,720 00
211,800 00

Bonds—w ith S tate T reasurer................................

Advances to tr u s ts ....................................................

122,279 48

141,658 48

153,127 63

F u rn itu re and fix tu res.............................................

6,412 78

7,910 56

8,334 36

7,927 00

Due from approved reserve a g en ts......................

314,512 32

364,061 46

306,515 25

131,724 65

Cash ite m s...................................................................

1,294 27

1,578 83

1,562 97

2,184 37

Nickels and c e n ts......................................................

10 41

7 84

9 23

5 61

Silver co in ...................................................................

106 25

62 50

78 60

73 45

Due from other banks and b an k ers.......................

Gold co in ...................................................................

170 00

170 00

275 00

220 00

U. S. and N ational bank n o te s.............................

9,835 00

13,478 00

4,298 00

7,328 00

T o ta ls...................................................................

$7,228,516 03

$7,189,818 97

$7,388,670 77

$7,171,441 23

Liabilities.
Capital stock paid i n ................................................

$500,000 00

$500,000 00

$500,000 00

$500,000 00

Surplus fund*..............................................................
Undivided profits, less expenses, interest and
taxes p a id ................................................................

250.000 00

250,000 00

250,000 00

250,000 00

121,427 05

128,058 04

171,378 29

168,563 04

Certificates of D eposit..............................................

1,534,451 31

1,561,240 11

1,517,461 67

1,982,175 88

T rust dep o sits.............................................................

1,721,120 40

1,752,559 55

1,779,544 54

1,146,459 81

D eb en tu res..................................................................

3,090,000 00

2,985,000 00

3,155,000 00

3,025,000 00

Other liabilities..........................................................

11,517 27

12,961 27

15,286 27

13,142 50

T o ta ls...................................................................

$7,228,516 03

$7,189,818 97

$7,388,670 77

$7,171,441 23

F irst m ortgage tru st gold bonds, series “ A” ......


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

86,100 00

81

STATE BANKS OF MICHIGAN.
No. 161.
UNITED STATES SAVINGS BANK, DETROIT.
Organized May 18, 1893.
G e o r g e A n d e r s o n , P r e s id e n t; H e n r y
D i r e c t o r s .— George

A nderson,
F.

J.

C o w i e , V ic e P r e s i d e n t ;

E noch

S m i t h , C a s h ie r .

B. Book, Jam es H . M cDonald, Enoch Sm ith, H enry Cowie,
W. Hodges, F ra n c is E. Brossy.
Report of
Jan. 22.

Resources.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

.............................................

$403,462 31

$418,770 09

$416,025 56

$420,888 03

Ponds mortgages and securities.......... ................

317,163 24

331,093 24

352,438 76

379,161 54

T.nans and discounts

prem ium s paid on bonds

..........................

O v erd rafts...................................................................

518 02

8 78

425 27

635 58

Ranking h o u se............................................................

9,913 00

9,913 00

9,913 00

9,913 00

F urniture and fixtures.............................................

1,447 45

1,447 45

1,447 45

1,447 45

7,449 07

5,204 79

4,836 96

O ther real estate
...................... .........................
Due from other banks and bankers (not reserve
cities)........................................................................

6,521 23
G4 50

188 82

35 00

208 40

Item s in tr a n s it..........................................................

5,773 53

210 00

245 00

400 00

Due from banks in reserve cities...........................

61,076 44

81,571 82

80,715 13

72,669 42

FiXcha.nges for clearing h ouse................................

12,645 37

15,743 67

6,502 59

14,422 32

IT 8?. and N ational Rank C urrency.......................

22.S03 00

15,419 00

29,302 00

15,529 00

Gold co in .....................................................................

14,270 00

14,425 00

13,785 00

14,450 00

Silver co in ...................................................................

2,075 00

1,377 55

1,419 65

1,586 65

Nickels and c e n ts...................... ...............................
Checks, cash item s and internal revenue acc o u n t........................................................................

175 28

260 98

175 88

153 71

569 03

722 69

719 49

498 43

T o ta ls...................................................................

$858,477 40

$898,601 16

$918,354 57

$936,800 49

Liabilities.
Capital stock paid i n ................................................

$150,000 00

$150,000 00

$150,000 00

$150,000 00

16,000 00

16,000 00

16,000 00

17,000 00

20,519 03

24,766 14

22,567 11

24,082 31

164,844 15

184,941 81

United Sta.tes bonds

..............................................

Surplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id ........................................................

50 00

Dividends u n p a id ......................................................

55 00

5 00

Commercial deposits subject to check .................

164,671 66

180,004 10

Certified checks..........................................................

220 16

112 27

282 38

20 76

Cashier’s checks o u tstan d in g ..................................

116 43

97 57

24,305 50

1,277 40

Savings dep o sits.........................................................

431,854 64

450,652 40

400,672 93

436,473 J2

Savings certificates of dep o sit................................

75,040 48

76,963 68

79,682 50

Commercial certificates of deposit........................
Due to banks and b a n k e rs.. .

72,955 09

s

Notes and bills rediscounted
50,000 00

Rills p ay ab le...............................................................

T o ta ls...................................................................

11


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$858,477 40

$898.601 16

$918.354 57

$936,800 49

82

STATE BANKING DEPARTMENT.
No. 6.
WAYNE COUNTY SAYINGS BANK, DETROIT.
Organized September 18, 1871.
F . C o l l i n s , P r e s i d e n t ; D . M . F e r r y , 1 s t V ic e P r e s i d e n t ; W m , S . G r e e n , 2 d V ic e
P r e s i d e n t ; A l f r e d K. K i e f e r , S e c r e t a r y a n d T r e a s u r e r ; E d w a r d H. C o l l i n s , A s s i s t a n t
S e c r e ta r y a n d T r e a s u r e r ; W m . A . M o o r e , A tto r n e y .

Ch as.

M . F erry , C harles F . Collins, Wm. A . Moore, Wm. S. Green, E . H . F linn,
H. K irk e W hite, J. B. Book, A lbert L. Stephens, F. H. Croul, F ra n k W. Eddy, Stephen
Y. Seyburn.

D i r e c t o r s .— D .

Resources.

R eport of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

Loans and discounts.................................................

$2,257,532 76

$2,385,541 85

$2,263,311 06

$2,269,747 11

Bonds, m ortgages and securities...........................

6,818,708 01

6,861,764 68

6,921,932 37

6,894,941 30

Prem ium s paid on b o n d s.........................................

78,000 00

73,000 00

73,000 00

73,000 00

B anking h ouse............................................................

125,000 00

125,000 00

125,000 00

125,000 00

F urniture and fix tu res.............................................

1,500 00

1,500 00

110,815 13

85,545 29

81,808 63

67,958 98

O verdrafts...................................................................

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities) ........................................................................
Item s in tr a n s it........................................................'.

70 89

40 00

15 00

245 00

United States b o n d s ................................................

225,000 00

225,000 00

225,000 00

225,000 00

Due from banks in reserve cities...........................

1,305,464 42

1,430,901 53

1,519,707 71

1,537,670 31

Exchanges for clearing h o u se.................................

6,935 63

6,864 00

19,508 39

8,194 74

U. S. and N ational b ank currency........................

128,502 00

132,457 00

109,968 00

115,381 00

Hold co in .....................................................................

500,400 00

514,705 00

493,905 00

501,247 50

Silver co in ........ ...........................................................

1,822 00

1,781 00

2,288 00

2,227 00

Nickels and c e n ts......................................................
Checks, cash item s and internal revenue ac­
count ........................................................................

445 74

509 46

253 88

237 28

267 25

248 25

1,507 21

3,300 06

T o ta ls................................................................... 111,560,403 83 $11,844,858 12 $11,837,325 25

$11,824,150 28

Liabilities
Capital stock paid i n .................................................

$400,000 00

$400,000 00

$400,000 00

600,000 00

600,000 00

600,000 00

600,000 00

177,021 35

95,717 15

158,801 17

201,618 39

Savings dep o sits........................................................

9,730,265 55

10,093,105 46

10,000,086 44

9,964,438 35

Savings certificates of deposit................................

653,176 93

655,975 51

620,437 64

658,093 54

T o ta ls................................................................... $11,560,463 83 $11,844,858 12 $11,837,325 25

$11,824,150 28

Surplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id .......................................................

$400,000 00

Dividends u n p a id ......................................................
Commercial deposits subject to check .................
Commercial certificates of deposit........................
D ue to banks and b an k ers......................................
Certified checks..........................................................
Cashier’s checks o u tstan d in g ..................................

Notes and bills rediscounted..................................
Bills p ay ab le...............................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

STATE BANKS OF MICHIGAN.

83

No. 157.
DEXTER SAVINGS BANK, DEXTER.
Organized April 22, 1893.
T homas

B i r k e t t , P r e s i d e n t ; B. P. C h a s e , V ic e P r e s i d e n t ;
J a s . J . P a g 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 . —Thom as

G. S.

F r a n c is c o ,

C a s h ie r ;

B irkett, E. F. Chase, H. W irt Newkirk, W. B lodgett, E. J. Newkirk.

Resources.

R eport of
Jan. 22.

R eport of
June 9.

R eport of
March 28.

R eport of
Sept. 6.

D oans and d is c o u n ts .................................................

§45,980 44

$39,755 50

$35,016 41

$25,050 25

B o n d s m o rtg ag e s and securities............................

92,426 87

97,675 78

123,634 57

136,996 51

106 51

78 14

426 12

343 87

P rem iu m s p aid on b o n d s .............................................

O v erd rafts...................................................................
B an k in g house . Tt .........................................................
F u r n itu re and fix tures.............................................

1,630 58

1,630 58

1,630 58

1,630 58

O th e r real e s t a t e .............................................................

2,686 66

2,686 66

2,637 00

637 00

22,267 94

36,828 96

19,105 88

10,830 00

U. S. and National Bank C urrency .......................

8,419 00

6,881 00

7,627 00

8,368 00

Gold co in ...........................................•.........................

705 00

495 00

1,230 00

795 00

Silver co in ....................................................................

334 SO

540 05

404 35

703 25

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue ac­
count .........................................................................

72 90

52 01

49 00

09 03

2,240 81

101 45

747 92

661 71

T o ta ls...................................................................

$176,871 51

$186,725 13

$192,508 83

$186,085 20

Liabilities.
C apital stock paid i n .................................................

$20,000 00

$20,000 00

$20,000 00

$20,000 00

4,000 00

4,000 00

4,000 00

4,000 00

3,468 37

5,342 94

5,980 19

5,259 87

42,330 28

37,314 85

30,156 69

Due from other banks and bankers (not reserve
cities) ..
..............................................................
ite m s in t r a n s i t ...............................................................

-

U n ited S ta te s b o n d s ......................................................

»
Due from banks in reserve cities...........................
"Exchanges for clearin g h o u s e ...................................

Surplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id ........................................................
D iv id en d s u n p a id ......................................................

9 00

C om m ercial d ep o sits subject to check..................

41,560 75

C om m ercial certificates of d e p o s it ........................
D u e to b u n k s and b a n k e r s ......................................

"

C ertified c h e c k s ..........................................................

Cashier’s checks o u tstan d in g ..................................

3,939 54

5,733 18

5,089 09

3,670 92

Savings dep o sits.........................................................

75,904 26

79,862 07

88,461 51

92,662 74

Savings certificates of deposit................................

27,989 59

29,456 66

31,663 19

30,334 98

$186,725 13

$192,508 83

$186,085 20

Uof.es and bills redisco u n ted . . .
B ills p a y a b le

.................................................

T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

V
$176,871 51

84

STATE BANKING DEPARTMENT.
No. 28.
*CITY BANK, DOWAGIAC.
Organized March 19, 18S7.
F.

W . L y l e , P r e s i d e n t ; N . F . C h o a t e , V ic e P r e s i d e n t ;
L e o n R . L y l 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 . — Nelson

I.

B . G a g e , C a s h ie r ;

F. Choate, F ra n k W. Lyle, I. B. Gage, O liver Lyle, Levi Lyle.

Resources.

R eport of
Jan. 22.

R eport of
March 28.

R eport of
Ju n e 9.

R eport of
Sept. 6.
—

Loans and disco u n ts.................................................

$198,510 02

$227,065 57

Bonds, mortgages and securities...........................

54,643 29

55,895 29

8,293 06

7,401 62

Prem ium s paid on b o n d s.........................................
O verdrafts...................................................................
Banking h o u se............................................................
F u rn itu re and fix tu res..............................................

7,102 83

7,102 83

O ther real e s ta te ........................................................
Due from otner banks and bankers (not reserved
cities) ........................................................................

11,997 22

11,997 22

Due from banks in reserve cities...........................

79,803 79

41,974 51

Exchanges for clearing house.................................

948 59

1,850 97

U. S. and N ational bank currency ........................

14,106 00

11,574 00

Gold co in.....................................................................

12,605 00

10,610 00

Silver co in ...................................................................

1,888 00

1,324 00

Item s in tra n s it..........................................................
U nited States b o n d s.................................................

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue ac­
count ........................................................................

120 31

115 02

1,677 74

554 45

T o ta ls...................................................................

$391,695 85

$377,465 48

Liabilities.
Capital stock paid i n .................................................

$60,000 00

$60,000 t)0

12,000 00

12,000 00

495 04

1,791 61

Surplus fu n d ...............................................................
U ndivided profits, less current expenses, interest
and taxes p a id ........................................................
Dividends u n p a id ......................................................
Commercial deposits subject to check..................

91,016 65

84,192 03

Commercial certificates of deposit........................

228,184 16

219,481 84

$391,695 85

$377,465 48

Due to banks and b an k ers......................................
Certified checks.................................................
Cashier’s checks o u tstan d in g ..................................
Savings d ep o sits.........................................................
Savings certificates of dep o sit................................
Notes and bills rediscounted..............................
Bills p a y a b le ................................................
T o ta ls...............................................................
Voluntary liquidation April 21, 1904.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

85

STATE BANKS OF MICHIGAN.
No. 142.
MONROE COUNTY BANK, DUNDEE.
Organized September 26, 1892.
G eorge

J.

S h a e f e r , P r e s id e n t; M .

D i r e c t o r s . — B yron

J.

I-I o w e , V ic e P r e s i d e n t ; W m . C l u t e , C a s h ie r .

J. Corbin, W illiam Clute, M. ,T. Howe, George J. Shaefer, Wm. C. P alm er,
Geo. W. H urd, T. W. B arnes.

Resources.

R eport of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

Doans and d isco u n ts.................................................

$92,852 83

$92,068 94

$86,960 45

$S7,824 89

Ponds mortgages and securities...........................

13,422 02

14,097 02

19,550 77

19,500 77

Prem ium s pa,id on b o n d s........................................

495 83

495 83

495 83

495 83

O v erd rafts...................................................................

97 50

56 95

B anking b ouse............................................................

2,500 00

2,500 00

2,500 00

2,500 00

"Furniture and fix tures..............................................

1,300 00

1,300 00

1,300 00

1,300 00

11,457 78

33,144 73

17,527 52

8,742 16

21 79

O ther real esta.te ......................................................
Due from other banks and bankers (not reserve
cities)
. ............................
Item s in tr a n s it..........................................................
United States b o n d s.................................................
One from banks in reserve cities...........................
Exchanges for clearing h o u se.................................
TT. S. and National bank currency ........................

4,261 00

2,775 00

3,318 00

2,699 00

Gold co in ......................................................................

3,855 00

4,475 00

4.830 00

5,890 00.

Silver co in ....................................................................

102 65

142 70

325 10

336 75

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue acc o u n t.........................................................................

179 85

4 75

8 60

19 59

963 78

53 60

238 75

T o ta ls : .................................................................

$131,488 24

$151,060 92

$136,869 87

$129,569 53

Liabilities.
C apital stock paid i n ................................................

$15,000 00

$15,000 00

$15,000 00

$15,000 00

3,000 00

3,000 00

3,000 00

3,000 00

4,810 31

5,252 39

6,220 59

5,730 63

Surplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id ................................ .......................
Dividends u n p a id ......................................................

450 00

75 00

75 00

Commercial deposits subject to check..................

25,577 55

33,740 47

27,543 79

26,522 39

Commercial certificates of dep o sit.........................

82,650 38

93,774 46^

85,030 49

79,310 51

Due to banks and b a n k e rs......................................
Certified checks..........................................................
Cashier's checks outstanding

218 60

•

Savings dep o sits.........................................................
Savings certificates of dep o sit................................
Notes and bills rediscounted
Bills payable

T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$131,488 24

$151,060 92

$136,869 87 I
1

$129,569 53

STATE BANKING DEPARTMENT.

86

No. 124.
SHIAWASSEE COUNTY BANK, DURAND.
Organized October 5, 1891.
R obert

C.

F a ir , P r e s id e n t;

D i r e c t o r s .— R obert

A. S.

T h o m a s , V ic e P r e s i d e n t ;

F. N.

C o n n , C a s h ie r .

C. F a ir, F. N. Conn, Geo, N. S eifert, T hom as Cooling,
A. P. Cowell.

Resources.

R eport of
Jan. 22.

R eport of
March 28.

A.

S. T hom as,

R eport of
June 9.

R eport of
Sept. 6.

lo a n s and d isc o u n ts................................................

$96,666 10

$89,604 12

$93,634 37

$91,393 30

Bonds, m ortgages and securities...........................

80,154 17

76,440 74

77,274 20

75,666 10

85 54

222 00

64 47

27 37

2,000 00

Prem ium s paid on b o n d s........................................
O verdrafts

...........................................

P an Icing h o u se,, T, ....................................................
F u rn itu re and fix tu res..............................................

2,000 00

2,300 00

2,300 00

Other real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities) .
. . r ...................................... ..

950 00

950 00

950 00

1,098 96

Item s in tran sit T........................................................

45 00

14 38

17 54

25,909 63

17,883 07

13,507 70

20,311 05

U. S. and N ational bank currency........................

9,133 00

16,531 00

5,933 00

12,062 00

Oold co in .....................................................................

6,270 00

8,570 00

8,005 00

8,685 00

Silver co in ....................................................................

1,047 85

1,881 70

1,944 00

1.0SS 50

Nickels and c e n ts......................................................
Checks, cash item s and internal revenue ac­
count .........................................................................

105 30

274 80

339 01

186 29

381 12

99 82

111 64

54 55

T o ta ls...................................................................

$222,747 71

$214,471 63

$204,080 93

$212,873 12

Liabilities.
Capital stock paid i n ................................................

$25,000 00

$25,000 00

$25,000 00

$25,000 00

2,500 00

2,500 00

2,500 00

2,500 00

1,298 85

2,465 22

2,064 28

2,545 69

Commercial deposits subject to check..................

30,634 40

28,095 71

19,930 98

24,604 66

Commercial certificates of d ep o sit.........................

79,154 56

72,816 76

74,507 40

80,322 69

84,159 90

83,593 94

80,018 27

77,900 17

$222,747 71

$214.471 63

$204.080 93

United States b o n d s.................................................
Due from banks in reserve cities...........................
‘Fbrchanges for clearing hoifte.................................

Surplus f u n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id ........................................................
Dividends u n p a id ......................................................

Due to banks and b an k ers......................................
Certified checks..........................................................
Ca.shier’s checks o u tstan d in g ..................................
Savings d ep o sits.........................................................
Ravings certificates of dep o sit................................
Notes and bills rediscounted..................................
Bills p ay ab le...............................................................
T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$212.873 12
1

87

STATE BANKS OF MICHIGAN.
No. 238.
STATE BANK OF EAST JORDAN, EAST JORDAN.
Organized July 12, 1901.
J o seph

C.

G l e n n , P r e s id e n t;

D i r e c t o r s .— M.

W. L.

F r e n c h , V ic e P r e s i d e n t ; G e o .

G.

G l e n n , C a s h ie r .

H. R obertson, Joseph C. Glenn, W. P. P o rte r, W. L. F rench, Geo. G. Glenn.

Resources.

R eport of
Jan. 22.

Report, of
March 28,

R eport of
June 9.

R eport of
Sept. 6.

Loans and discounts ...............................................

$62,694 60

$60,236 04

$68,834 32

$63,830 73

Bonds mortgng^s find pp.purit.ifis..........................

8,234 43

9,137 93

10,317 43

10,166 35

O v erd rafts...................................................................

1,165 14

2,443 68

305 01

532 27

B anking house ._ t ......................................................

4,874 02

4,874 02

4,874 02

5,024 02

F urniture and fix tu res.......................................

1,658 67

1,658 67

1,658 67

2,033 67

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve

102 04

104 33

104 33

104 33

THie from hanks in reserve cities..........................

10,454 64 ■

14,313 45

3,534 35

6,446 08

For changes for clearing h o u se.................................

252 59

107 60

93 19

675 83

TT ft and N ational bank currency ........................

6,055 00

4,335 00

6,255 00

3,910 00

Oold co in ......................................................................

735 00

680 00

935 00

850 00

Silver coin .. T..............................................................

907 35

627 05

1,140 25

1,007 20

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue acc o u n t.........................................................................

82 00

44 26

39 25

37 87

74 86

50 08

50 50

126 93

$97,290 34

$98,612 11

$98,141 32

$94,745 28

$20,000 00

$20,000 00

$20,000 00

$20,000 00

1,250 00

1,250 00

1,250 00

1,500 00

211 15

560 70

1,483 61

693 29

T o ta ls.............................................................
Liabilities.
Capital stock paid i n ................................................
Surplus f u n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id ........................................................
"Hivi den da nnr»a id

50 00

Commercia,! deposits subject to check..................

20,721 91

20,272 89

22,747 35

21,952 23

Commercial certificates of d ep o sit.........................

55,057 28

54,129 98

48,786 90

43,643 82

2,118 54

3,873 46

6,955 94

$98,612 11

$98,141 32

$94,745 28

280 00

Certified checks
Savings d ep o sits.........................................................

T o ta ls.................... : ............................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$97,290 34

STATE BANKING DEPARTMENT.

88

No. 53.
MICHIGAN STATE BANK, EATON RAPIDS.
Organized July 22, 1884.
J ohn

M.

C o r b in , P r e s id e n t ;

H . P . W e b s t e r , V ic e P r e s i d e n t ;
E . S . H a r r i s , A s s i s t a n t C a s h ie r .

H.

H.

H a m il t o n ,

C a s h ie r ;

D i r e c t o r s . — Joseph

C arr, H. P. W ebster, E. S. H a rris , H. II. H am ilton, E. F. K napp, J. M.
Corbin, H enry C. Minnie, I. N. Reynolds, F ra n k Leighton.

Resources.

R eport of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

Loans and disco u n ts.................................................

$143,598 05

8166,511 84

$176,613 70

$177,690 25

Bonds, m ortgages and securities............................

62,191 52

66,136 52

65,776 52

67,798 92

Prem ium s paid on b o n d s.........................................
O v erd ra fts...................................................................

1.070 49

1,384 42

1,874 69

1,261 10

Banking h o u se............................................................

5,500 00

5,500 00

5,500 00

5,500 00

F urn itu re and fix tu res..............................................

2,000 00

2,000 00

2,000 00

2,000 00

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
c ities)........................................................................

4,000 00

4,000 00

4,000 00

4,000 00

Item s in tr a n s it..........................................................

-3,932 08

1,696 14

1,506 38

415 06

45,815 77

30,654 46

15,451 59

31,494 19

U. S. and N ational bank currency...................... ..

10,864 00

5,185 00

16,508 00

2,554 00

U nited S tates b o n d s.................................................
Due from banks in reserve cities. . . .•...................

1,000 00

Exchanges for clearing h o u se.................................
Gold co in .....................................................................

6,095 00

4,510 00

4,670 00

5,510 00

Silver co in ....................................................................

3,400 00

2,500 00

1,100 00

1,100 00

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue ac­
count .........................................................................

123 28

99 38

41 20

300 39

1,907 02

2,783 36

3,298 65

3,336 68

T o ta ls...................................................................

$290,497 21

$292,961 12

$298,340 73

$303,960 59

Liabilities.
Capital stock paid i n ................................................

$75,000 00

$75,000 00

.$75,000 00

$75,000 00

Surplus f u n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id ........................................................

15,000 00

15,000 00

15.000 00

15,000 00

2,325 50

4,413 74

4,605 66

3,480 55

D ividends u n p a id ......................................................

156 80

47 73

16 96

124 96

Commercial deposits subject to check..................

52,853 84

48,028 71

40,010 63

41,170 04

Commercial certificates of dep o sit.........................

145,161 07

149,872 57

163,707 48

169,178 44

$298,340 73

$303,960 59

Due to banks and b an k ers......................................

598 37

Certified checks..........................................................
Cashier’s checks o u tstan d in g ..................................
Savings dep o sits............................................ ............
Savings certificates of dep o sit................................
Notes and bills rediscounted..................................
Bills p ay ab le...............................................................
T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$290,497 21

$292,961 12

89

STATE BANKS OF MICHIGAN.
No. 193.
EDMORE STATE BANK, EDMORE.
Organized Aprii 5, 1897.
F r e d e r ic k

N e f f , P r e s id e n t

D i r e c t o r s .—

Jo h n

W.

;

S h e r m a n N e f f , V ic e P r e s i d e n t ; J o h n
D . K e t c h u m , A s s i s t a n t C a s h ie r .

W.

P f e i f l e r , C a s h ie r ;

S.

P feifler, F red erick Neff, S herm an Neff, Ile n ry J. B urch,

Resources.

R eport of
Jan. 22.

$28,100 11

$35,936 80

Ponds mortgages and securities...........................

20,517 97

20,073 18

1

$37,817 38
21,668 82

H orton.

R eport of
Sept. 6.

R eport of
June 9.

R eport of
March 28.

Loans and iiipp.onnt.fi............. r .................................

E. K.

1

$44,064 81
21,885 32

Prem ium s paid r»n h^nds
•Overdrafts...................................................................

364 51

668 41

302 12

610 81

Ranking h o u se............................................................

1,908 86

1,908 86

1,908 86

1,908 86

F urniture and fix tures..............................................

965 18

1,030 28

1,030 28

1,030 28

Due from other banks and bankers (not reserve
40 00

One from hanks in reserve cities......................... .

25,890 33

18,944 09

16,124 23

12,015 06

TT 8 and National hank currency ........................

2,064 00

2,862 00

2,607 00

2,415 00

Hold co in .....................................................................

2,015 00

, 1,995 00

2,010 00

2,070 00

Silver co in ....................................................................

859 25

894 50

392 75

468 50

100 16

44 92

58 93

16 24

204 47

25 91

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue acc o u n t.........................................................................

101 32

T o ta ls...................................................................

$82,914 48

$84,429 52

$84,110 83

$86,554 08

Liabilities.
C apital stock paid i n ................................................

$15,000 00

$15,000 00

$15,000 00

$15,000 00

1,313 35

1,313 35

1,313 35

1,453 62

1,857 53

2,423 72

2,859 21

1,950 86

20,971 88

19,593 40

16,123 97

16,886 36

2,852 73

1,675 29

2,107 44

2,968 84

Surplus f u n d ...............................................................
¡Undivided profits, less current expenses, interest
and taxes p a id ........................................................

27 95 ^

Dividends unpaid
Commercial deposits subject to fcheck.................
Commercial certificates of deposit
Due to hanks and hankers
Certified checks
C ashier's checks outstanding
Savings dep o sits.........................................................
Savings certificates of deposit................................

40,918 99

44,423 76

46,706 86

48,294 40

$82,914 48

$84,429 52 I

$84,110 83

$86,554 08

Ri]ls payable

T o ta ls...................................................................
12


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

STATE BANKING DEPARTMENT.

90

No. 129.
ELK RAPIDS SAYINGS BANK, ELK RAPIDS.
Organized January 20, 1892.
F kank

B.

M o o r e , P r e s i d e n t ; M i l t o n B. L a n g , V ic e P r e s i d e n t ; R i c h a r d
C h a r l e s B. C a r v 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 . — M ilton

W.

B a g o t , C a s h ie r ;

B. Lang, R ich ard W. B agot, F ra n k B. Moore, Benj. R. Moore, H a rry
Ilirsh b erg , D. H. F raiim , D exter F airb an k .
R eport of
Jan. 22.

Resources.

R eport of
March 28.

R eport of
June 9.

Report of
Sept. 6.

Tiftans and d iscounts.................................................

$78,804 00

$78,442 92

$78,877 10

$88,182 11

"Ronds m ortgoges find securities...........................

35,856 78

38,906 78

41,210 08

43,721 33

Prem ium s paid on lionds
O verdrafts

...............................
94 32

36 49

- .........................................

Ranking house

.........*

F urniture and fixtures......................................... .. .

1,838 05

1,838 05

1,838 05

1,838 05

O ther peal estate
..........................
Due from other banks and bankers (not reserve
Ttprns in tran sit

.............

TTnifed States bends

.............

T)iip from banks in rp.sprvp. cities...........................

•

30,992 87

36,910 99

24,895 56

29,730 17

10,731 00

11,194 00

11,689 00

15,278 00

2,125 00

2,220 00

2,160 00

2,415 00

Fx changes for clearing bouse.
IT. S and National bank currency ........................
Gold co in ......................................................................
Silver co in .......................................................*..........

483 95

881 65

327 70 1
165 46

236 80
102 02.

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue acc o u n t.........................................................................

137 44

150 79

2,067 05

42 26

562 49

T o ta ls...................................................................

$163,072 63

$170,647 44

$161,819 76

$181,503 48

Liabilities.
Capital stock paid i n ................................................

$35,000 00

$35,000 00

$35,000 00

$35,000 00

Surplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id ........................................................

3,000 00

3,000 00

3,000 00

3,000 00

1,656 38

2,211 19

2,980 68

4,064 65

Dividends u n p a id ......................................................

97 95

21 02

Commercial deposits subject to check.................

40,744 21

43,027 22

34,412 78

38,055 11

Commercial certificates of dep o sit.........................

37,207 32

39,408 40

34,793 00

50,394 19

45,366 77

47,979 61

51,633 30

50,989 53

$170,647 44

$161,819 76

$181,503 48

Rue to banks and b an k ers. . .
Certified checks.............
Cashier’s checks outstanding
Savings dep o sits.........................................................
Savings certificates of deposit.............
Notes and bills rediscounted...............
Bills D ayable. . .
T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

•

$163,072 63

91

STATE BANKS OF MICHIGAN.
No. 295.
*THE EVART SAVINGS BANK, EVART, MICHIGAN.
Organized August 2, 1904.
F.

S.

P o st a l , P r e s id e n t;

M ark

A r d is ,

V ic e P r e s i d e n t ;

D.

S cott

P a r t r id g e ,

C a s h ie r .

D i r e c t o r s .—.F ra n k

S. P o stal, W illiam L a tta , Geo. F. A ndrus, E llery C. C annon, W illiam E .
Davis, M ark A rdis, H ugh A lexander, D avid W olf, F re d P o stal.
Resources.

Loans and disco u n ts.................................................
Bonds m ortgages and securities...........................
Prem ium s paid on b o n d s.........................................
O v erd rafts................ T................................................
Banking bouse ..........................................................
F urniture n.nd fix tu res.................................
O ther rea.l e s ta te ........................................................
Due from other banks and bankers (not reserve
cities) .
........................................ ..........
1terns in tr a n s it..........................................................
United S tates bonds. T..............................................
One from banks in reserve cities...........................
Fxchanges for clearing house.................................
TT S and N ational bank currency........................
Oold coin . .

.........................................................

Silver coin

.............................................

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue acc o u n t,...........
...................................................

T o ta ls.................. ................................................
Liabilities.
Capital stock paid i n ................................................
Surplus f u n d .......................................... .....................
Undivided profits, less current expenses, interest
and taxes paid ......................................................
Dividends u n p a id ......................................................
Commercial deposits subject to check..................
Commercial certificates of deposit.........................
Due to banks and b a n k e rs .. .
Certified checks ........ .
Ca,shier\s checks outstanding ................................
Savings d ep o sits, T.....................................................
Savings certificates of deposit................................
Nofes anrl bills rediscounted ..
Pills pa.ya.ble

Totals
* Commenced business October 1. 1904.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

R eport of
Jan. 22.

R eport of
March 28.

R eport of
Ju n e 9.

R eport of
Sept. 6.

92

STATE BANKING DEPARTMENT.
No. 152.
FIRST STATE SAVINGS BANK, EVART.
Organized February 17, 1893.
V. R. D avy, P r e s i d e n t ; J. W.

M a t t h e w s , V ic e P r e s i d e n t ;

W m.

R o g e k s , C a s h ie r .

D ik e c t o h s .— V. E. Lacy, V. R. Davy, C. H. Rose, Wm. Rogers, J. W. M atthew s, G. E. B rande­

berry, O. L. M illard.

Resources.

R eport of
Ja n . 22.

R eport of
March 28.

R eport of
June 9.

<

R eport of
Sept. 6.

Loans and disco u n ts.................................................

$136,135 09

$133,870 94

$145,672 09

$146,707 55

Bonds, mortgages and securities...........................

88,057 67

89,892 07

89.S44 67

89,781 92

Prem ium s paid on b o n d s.........................................
O v erd rafts...................................................................

1,013 10

1,506 77

859 49

563 70

B anking h o u se............................................... ............

3,700 00

3,700 00

3,700 00

3,700 00

F u rn itu re and fix tu res..............................................

1.000 00

1,000 00

1,000 00

1,000 00

34,887 16

52,379 89

26,853 76

33,334 80

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities) ........................................................................
Item s in tr a n s it..........................................................
United S tates b o n d s.................................................
Due from banks in reserve cities...........................
Exchanges for clearing house.................................
U. S. and N ational bank currency ........................

3,367 00

2,258 00

Gold co in .....................................................................

6,745 30

6,977 80

Silver co in ....................................................................

1,855 25

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue ac­
count ............................................................

8,494 00

7,410 00

7,232 80

7,332 80

1,252 40

1,778 30

1,220 30

169 00

213 38

213 83

244 01

2,695 80

2,894 42

860 94

3,770 94

$279,625 37

$295,946 27

$286,509 88

$295,066 02

$28,500 00

$28,500 00

$28,500 00

$30,000 00

5,700 00

5,700 00

5.700 00

6,000 00

760 11

4,053 52

3.701 98

519 46

Commercial deposits subject to check..................

77,749 20

79,429 96

61,315 38

77,945 28

Commercial certificates of deposit.........................

62,785 14

62,795 07

68,238 98

65,230 53

104,130 92

115,467 72

119,053 54

115,370 75

$279,625 37

$295,940 27

T o ta ls...............................................................
; Liabilities.
Capital stock paid i n ..............................................
Surplus fu n d ....................................
Undivided profits, less current expenses, interest
and taxes p a id ........................................................

*

Dividends u n p a id ........................................

Due to banks and b an k ers......................................
Certified checks......................................................
Cashier’s checks o u tstan d in g ....................... ..
Savings d ep o sit.......................................................
Savings certificate of d ep o sit...............................
Notes and bills red iscounted..............................
Bills p a y ab le.....................
T o ta ls...............................
.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

«

STATE BANKS OF MICHIGAN.

93

No. 215.
THE OLD STATE BANK, FENNVILLE.
Organized June 1, 1899.
L eoxaed

S . D i c k i n s o n . P r e s i d e n t ; G e o b g e L . D i i t c h e e , V ic e P r e s i d e n t ;
C a s h ie r ; W . J. H u t c h i n s o n , A s s i s t a n t C a s h ie r .

D i e e c t o b s . — J.

J.

E . H u t c h in s o n ,

E. H utchinson, L eonard S. Dickinson. George L. D utcher, A dah E. D utcher,
W. J. H utchinson.
Resources.

R eport of
Jan. 22.

R eport of
March 28.

R eport .of
June 9.

R eport of
Sept. 6.

Loans and disco u n ts.................................................

$39,889 93

$49,511 90

$61,623 48

$74,711 20

Bonds, m ortgages and securities...........................

5,945 83

7,718 49

13,875 00

15,268 49

Prem ium s paid on b o n d s.........................................
O verdrafts...................................................................

526 40

209 03

1,131 39

41 80

Banking ho u se............................................................

6,000 00

6,000 00

6,000 00

6,000 00

F urniture and fix tu res..............................................

1,152 61

1,152 61

1,154 41

1,529 41

O ther real e s ta te .......................................................
Due from other banks and bankers (not reserve
cities). ..................................................................

21,192 00

21,464 85

23,192 00

8,085 71

Item s in tra n s it..........................................................
Expense, taxes, e tc ...................................................

209 36

United S tates b o n d s........................ .........................
Due from banks in reserve cities...........................

47,557 85

43,107 75

4,621 26

17,730 32

Exchanges for clearing h ouse.................................
U. S. and National bank currency........................

7,906 00

4,953 00

3,916 00

3,816 00

Gold co in .....................................................................

2,425 00

1,620 00

2,040 00

2,460 00

Silver co in ....................................................................

1,101 40

601 65

456 25

702 10

Nickels and c e n ts.......................................... ............
Checks, cash item s and internal revenue ac­
count .........................................................................

188 16

264 85

248 26

209 99

2,324 97

887 62

422 37

4,584 26

T o ta ls...................................................................

$136,210 15

$137,491 75

$118,680 42

$135,348 64

Liabilities.
Capital stock paid i n ................................................

$15,000 00

$15,000 00

$15,000 00

$15,000 00

1,452 93

1,452 93

1,452 93

1,730 28

1,037 48

2,016 99

1,834 80

Surplus f u n d ...............................................................
U ndivided profits, less current expenses, interest
and taxes p a id .......................................................
D ividends u n p a id ............................... ’.....................
Commercial deposits subject to check ..................

26,390 66

31,881 62

28,541 22

42,108 41

Commercial certificates of dep o sit.........................

92,329 08

87,140 21

71,851 47

49,502 81

-Due to banks and b an k ers......................................
Certified checks..........................................................
Cashier’s checks o u tstan d in g ..................................
Savings dep o sits.........................................................

*

Savings certificates of deposit................................

27,007 14

Notes and bills rediscounted..................................
Bills p ay ab le...............................................................

T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$136,210 15

$137,491 75

$118,680 42

$135,348 64

STATE BANKING DEPARTMENT.

94

No. 209.
COMMERCIAL SAVINGS BANK OF FENTON, FENTON.
Organized October 1, 1898.
E. C.

F o r t e , P r e s id e n t;

D i r e c t o r s .— E.

L. M.

C o o k , V ic e P r e s i d e n t ;

E. M.

N e w e l r , C a s h ie r .

C. F o rte , E. M. Newell, L. M. Cook, Z era P a tte rso n , W P. Cook.
R eport of
Jan. 22.

Resources.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

Loans and disco u n ts.................................................

$91,285 80

$92,137 43

$88,206 18

$99,530 73

Bonds m ortgages and securities...........................

61,899 00

61,864 00

62,664 00

61,431 25

36 97

28 55

B anking h o u se............................................................

4.000 00

4.000 00

4.000 00

4.000 00

F urn itu re and fix tu res..............................................

1.000 00

1.000 00

1.000 00

1.000 00

J terns in tran sit ........................................................

1,437 40

1,094 00

6,830 60

3,758 00

Due from hanks in reserve cities...........................

19,949 63

16,706 52

26,047 04

20,451 90

Prem ium s paid on bonds
•Overdraft«

.

.....................

.................................... ..

Due from other banks and bankers (not reserve

Exchanges for cleaving house

.

.

...............

j j b a nd N ational-bank currency........................

11,103 00

10,818 00

11,341 00

7,522 00

CJold co in .............................................. .......................

1,935 00

1,995 00

1,955 00

1,915 00

Silver co in ....................................................................

1,148 45

672 15

746 95

1,110 50

Nickels and c en ts.......................................................
Checks, cash items and internal revenue acc o u n t.........................................................................

120 58

127 73

130 44

119 75

35 00

141 75

48 65

30 33

T o ta ls................................................ ...................

$193,913 86

$190,556 58

$203,006 83

$200,898 01

Liabilities.
Capital stock paid i n ........................... .....................

$25,000 00

$25,000 00

$25,000 00

$25,000 00

1,540 00

1,540 00

1,540 00

1,900 00

1,097 37

2,300 49

2,497 15

1,655 08

Surplus f u n d ................................. r. ...........................
Undivided profits, less current expenses, interest
and taxes p a id ........................................................
D ividends unpaid
Commercial deposits subject to check..................

30,600 74

23,054 91

34,718 99

32,257 77

Commercial certificates of dep o sit.........................

28,045 43

28,448 31

23,270 79

23,662 38

Due to banks and bankers
-

Certified checks
Cashier’s checks outstanding
Savings d ep o sits.........................................................

107,630 32

110,212 87

115,979 90

116,422 78

$190,556 58

$203,006 83

$200,898 01

Bavinps certificates of deposit
Notes and bills rediscounted
Bills payable

T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

*

$193,913 86

STATE BANKS OF MICHIGAN.

95

No. 101.
CITIZENS’ COMMERCIAL AND SAVINGS BANK, FLINT.
Organized August 4, 1890.
R obert

J.

W h a l e y , P r e s id e n t; G e o . W . H u b b a r d , V ic e P r e s id e n t; W .

E.

M a r t i n , C a sh ier.

D i r e c t o r s . — Alex.

M cF arlan, Ja s. H. W lilting, D avid B. A itken, Geo. W. H ubbard, R obert J.
W haley, M. E phraim , lid. S. Lee, C. L. B a rtle tt, F ra n k D. B uckingham , Thos. Doyle.

Resources.

R eport of
Jan. 22.

Loans and discounts.................................................

1324,919 27

$346,553 12

$355,281 40

$303,986 82

Bonds, m ortgages and securities...........................

341,055 55

349,51S 22

350,846 51

354,480 71

R eport of
M arch 28.

R eport of
June 9.

R eport of
Sept. 6.

Prem ium s paid on b o n d s........... .............................
O v erd rafts...................................................................
B anking h o u se............................................................
F u rn itu re and fix tu res.............................................. |

3,295 54

759 50

1,126 82

3,412 96

14,700 00

14,700 00

14,700 00

14,700 CO

O th er real e s ta te .......................................................
Due from other banks and bankers (not reserve
cities) ........................................................................

4.081 03
1,712 23

3,671 75

24,790 68

11,627 40

7,487 49

Due from banks in reserve cities...........................

78,820 28

76,958 88

22,022 10

Exchanges for clearing house.................................

804 45

662 52

221 69

520 77

U. S. and N ational Bank C urrency.......................

18,627 00

19,379 00

18,804 00

14,505 00

-Gold co in ......................................................................

26,435 00

30,752 50

30,832 50

24,682 50

Silver co in ....................................................................

2,568 95

2,706 15

2,547 70

2,201 20

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue ac­
count .........................................................................

789 72

838 66

620 57

826 28

630 29

625 14

555 53

539 85

T o ta ls...................................................................

5824,273 51

$S50,941 18

$799,271 05

$752,399 55

Liabilities.
C apital stock paid i n ................................................

$150,000 00

$150,000 00

$150,000 00

$150,000 00

30,000 00

30,000 00

30,000 00

30,000 00

23,674 55

29,098 49

34,385 10

25,149 07

Item s in tr a n s it..........................................................
United S tates b o n d s.................................................

S urplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id .........................................................
Dividends u n p a id .......................................................

307 20

147 20

147 20

134 40

Commercial deposits subject to check..................

274,138 84

282,709 11

220,292 69

208,247 91

Commercial certificates of dep o sit.........................

1,823 00

3,393 86

1,871 80

13,034 82

Due to banks and b an k ers......................................

3,168 83

3,318 82

.3,378 82

3,878 82

22 60

Certified checks..........................................................
Cashier’s checks o u tstan d in g ..................... ............
Savings dep o sits.........................................................

214,786 37

220,610 15

213,523 56

194,371 00

Savings certificates of dep o sit................................

126,374 72

131,663 55

135,649 28

127,583 53

Notes and bills rediscounted..................................
10,000 00

Bills p ay ab le...............................................................

T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$824,273 51

$850,941 18

$799,271 05

$752,399 55

STATE BANKING DEPARTMENT.

96

No. 23.
GENESEE COUNTY SAYINGS BANK, FLINT.
Organized May 1, 1872.
W m . A . A t w o o d , P r e s i d e n t ; J a m e s C . W i l l s o n , V ic e P r e s i d e n t ; A r t h u r G . B i s h o p , C a s h ie r ;
J a s . M a r t i 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 . — Wm.

W. Crapo. W. A. Atwood, Ja s. C. W illson, A. G. Bisliop, W.
J. D. D ort, H. C. Spencer, J. II. C raw ford.
R eport of
Ja n . 22.

Resources.

R eport of 1 R eport of
March 28.
June 9.
1

C.

O rrell,

R eport of
Sept. 6.

$525,303 88

$516,460 92

$518,267 37

$509.951 70

576,036 22

574,876 92

589,488 32

595,421 33

............. , ...........................................

504 77

100 93

556 84

1,360 26

..................................................
O ther real pst.at.e
Due from other banks and bankers (not reserve
/"'i+icwA
....................................

14,000 00

14,000 00

14,000 00

18,581 77
3,893 46

5,184 19

3,199 64
85,059 77

Loans and disco u n ts.................................................
Bonds m ortgages and securities...........................
Prem ium s paid on bnnds
Oyppd rafts

IfprHQ in transit,

.................................

......................................................

L>ue fi'nm banks in reserve cities...........................

125,283 62

117,645 47

143,105 08

Exchanges for clearing house.................................

341 70

2,752 76

1,387 70

9,385 74

U S and National ha,nk currency ........................

31,252 00

25,335 00

26,039 00

22,643 00

Gold coin ...................................................................

20.857 50

22,460 00

22,835 00

22,720 00

Silver co in ....................................................................

7,800 00

5,000 00

8,200 00

3,400 00

Nickels and cents ...................................................
Checks, cash item s and internal revenue account .......................................................................

187 92

197 04

247 32

280 61

1,747 15

14 26

783 74

14,392 07

...............................................................

$1,307,956 53

$1,282,736 76

$1,330,094 56

$1,281,814 12

Liabilities
Capital stock paid i n ................................................

$100,000 00

$100,000 00

$100,000 00

$100,000 00

50,000 Od

50,000 00

50,000 00

100,000 00

52,624 83

03,054 17

74,005 98

16,507 67

.............................................

196 00

20 00

Commercial deposits subject to check..................

256,014 51

233,289 43

241,044 27

218,591 74

QQfft]j]P]*pial certificates of dep o sit........................

27,094 86

15,154 16

27,431 34

10,781 49

500 00

1,000 00

500 00

Totals

Surplus f u n d ...............................................................
U ndivided profits, less current expenses, interest
and ta.NP.s p a id .......................................................
Dividends unpaid

Certified checks

...................................................

88 00

Savings dep o sits.........................................................

657,665 48

658,663 64

683,481 48

689,461 53

Savings certificates of deposit................................

164,360 85

162,055 36

153,131 49

145,883 69

T o ta ls...................................................................

$1,307,956 53

$1,282,736 76

$1,330,094 56

$1,281,814 12


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

STATE BANKS OF MICHIGAN.

97

No. 165.
UNION TRUST AND SAVINGS BANK, FLINT.
Organized July 11, 1893.
C h a r l e s T . B r i d g m a n , P r e s i d e n t ; W m . A. P a t e r s o n , V ic e P r e s i d e n t ;
M a t h e w D a v i s o n , C a s h ie r ; L . H. B r i d g m a 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 .-— C harles

T. B ridgm an, Wm, A. P aterso n , M athew D avison, F lin t P. Sm ith,
\V. B. B ram an, Wm. F. S tew art, F. IT. R ankin, G. W. Cook, W illiam II. E dw ards.
Resources.

R eport of
Ja n . 22.

R eport of
March 28.

R eport of
June 9.

Report of
Sept. 6.

Loans and disco u n ts.................................................

$413,268 19

$366,527 50

$432,268 35

$392,312 58

Bonds, m ortgages and securities...........................

774,904 97

769,814 09

766,239 19

814,214 18

Prem ium s paid on b o n d s.........................................

2,500 00

2,500 00

2,500 00

O v erd rafts...................................................................

1,552 58

1,331 58

405 81

3,934 72

Banking h o u se............................................................

22,000 00

22,000 00

22,000 00

22,000 00

F u rn itu re and fix tu res.............................................
O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities) ........................................................................

900 00

1,500 00

1,500 00

1,500 00

72 00

10,759 16

15,120 00

10.314 51

Item s in tr a n s it..........................................................

35 00

U nited S tates b o n d s.................................................
Due from banks in reserve cities...........................

134,212 36

178,168 49

143,810 47

E xchanges for clearing house.................................

168 46

154 74

10,682 39

218 04

U. S. and N ational bank currency ........................

46,260 00

31,578 00

41,824 00

23,858 00

110,975 20

Gold co in ......................................................................

20,072 50

33,330 00

29,182 50

28,407 50

Silver co in ....................................................................

12,835 50

7,257 95

10,255 53

6,873 50

Nickels and c e n ts.......................................................
Checks, cash items and internal revenue ac­
count ........................................................................

420 47

450 42

310 08

928 06

66 71

107 14

284 02

7,60S 29

$1,435,239 74

$1,425,479 10

$1,476,388 34

$1,423,269 58

$100,000 00

$100,000 00

j ri!ft !>;,. !
$100,000 00

$100,000 00

S urplus f u n d ...............................................................
U ndivided profits, less current expenses, interest
and taxes p a id .......................................................

21,000 00

21,000 00

21,000 00

25,000 00

10,0)89 11 ,

14,288 12

4,946 87

Dividends u n p a id ......................................................

117 00

36 00

36 00

38 00

Commercial deposits subject to check..................

113,853 66

103,320 41

124,031 38

101,436 89

Commercial certificates of dep o sit.........................

8,174 00

4,579 59

3,955 89

1,797 00

T otals. .
Liabilities.
Capital stock paid i n ................................................

0,584 90

Due to banks and b a n k e rs .. .
1,400 00

Certified checks..........................................................

I ■' ' ■

Cashier’s checks outstanding
Savings dep o sits.......................................................

769,551 11

801,721 02

813,723 49

792,997 29

Savings certificates of dep o sit................................

385,959 01

384,126 37

397,953 46

397,053 53

$1,425,479 10

$1,476,388 34

81,423,269 58

Notes and hills rediscounted...............

30,000 00

Dills payable.. . .

T o ta ls........................ i................. ...................... $1,435,239 74


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

98

STATE BANKING DEPARTMENT.
No. 126.
FIRST STATE AND SAYINGS BANK OF FLUSHING. FLUSHING.
Organized November 28, 1891.

F r a n k l in

A . N i l e s , P r e s i d e n t ; J a c o b K o b i b l l , V ic e P r e s i d e n t ; G e o r g e P a c k a r d , C a s h ie r ;
F . D . S a y 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 .— F.

A. Niles. George P ackard, J. Kim m ell, Jam es M. Greenfield, W illiam A. Miller.

Resources.

R eport of
Jan. 22.

R eport of
March 28.

Report of
June 9.

R eport of
Sept. 6.

Loans and discounts.................................................

$32,069 30

$29,633 57

$29,057 85

$30,358 06

Bonds, m ortgages and securities...........................

159,084 95

151,009 95

149,777 95

151,376-48

O v erd rafts...................................................................

2,700 00

2,700 00

2,700 00

2,700 00

Banking h o u se............................................................

1,860 00

1,860 00

1,800 00

1,860 00

Prem ium s paid on b o n d s.........................................

F urniture and fix tu res.............................................
Other real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities).......................................................................
Item s in tr a n s it..........................................................

......................
200 60
19 44

171 36

1,287 00

882 45

14,130 81

22,149 78

12,471 24

22,055 71

U. S. and N ational bank currency........................

1,573 00

2,793 00

1,595 00

1.113 00

Gold co in .....................................................................

2,645 00

3,060 00

3,000 00

3,500 00

210 00

332 05

406 20

121 00

41 52

51 54

5 44

35 49

185 63

52 20

513 01

73 20

T o ta ls...................................................................

$214,519 65

$213,813 45

$202,673 69

$214,275 99

Liabilities.
Capital stock paid i n ................................................

$55,000 00

$55,000 00

$55,000 00

$55,000 00

20,000 00

20,000 00

21,500 00

21,500 00

1,322 17

2,463 35

96 12

1,715 23

27 00

27 00

177 00

United States b o n d s.................................................
Due from banks in reserve cities...........................
Exchanges for clearing house................................

Silver co in ....................................................................
J
Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue ac­
count .........................................................................

Surplus fu n d ...............................................................
U ndivided profits, less current expenses, interest
and taxes p a id ........................................................
Dividends u n p a id ......................................................
Commercial deposits Subject to check.................

8,511 21

11,855 10

4,057 20

16,561 21

Commercial certificates of dep o sit.........................

37,915 65
■

40,500 68

41.508 06

40,827 20

Due to banks and b an k ers......................................
Certified checks..........................................................

*

Cashier’s checks o u tstan d in g ..................................
Savings dep o sits.........................................................

22,327 65

20,912 78

19.698 90

20,332 55

Savings certificates of dep o sit................................

69,415 97

02,988 54

60,630 41

58,339 80

$202,673 69

$214,275 99

Notes and bills rediscounted..................................
Bills p ay ab le...........................................................

T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

.

$214,519 65

$213,813 45

STATE BANKS OF MICHIGAN.

99

No. 223.
THE PEOPLE’S STATE BANK OF FLUSHING, FLUSHING.
Organized March 10, 1900.
I ra

T.

S a y r e , P r e s id e n t, J o h n H. R o w k , V ic e P r e s id e n t: L e v a n t
G r a n t J . B r o w n , A s s is ta n t C a sh ie r .

A.

V i c k e r y , C a s h ie r ;

D i r e c t o r s .— L ev an t

A. V ickery. I r a T. Sayre, Jo h n II. Rowe, Jam es B. F rench, H enry H.
C h a tters, O rrin H a rt, A lbert E. Ransom , E lb e rt L. Beecher, W illiam B rophy.
R eport of
Jan. 22.

R eport of
March 28.

R eport of
Ju n e 9.

Loans and disco u n ts.................................................

$81,990 20

$80,785 85

$74,390 37

$73,212 99

Bonds, mortgages and securities...........................

27,592 00

20,917 00

27,007 80

38,064 00

Resources.

R eport of
Sept. 6.

Prem ium s paid on b o n d s.........................................
O v erd rafts...................................................................

090 01

563 62

1,370 78

088 15

Banking h o u se................................ ...........................

4.200 60

4,200 00

4,260 00

4,260 00

1,910 00

1 916 00

F urniture and fix tures.............................................

1,910 00

1,910 00

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities)........................................................................

4.430 75

...............

4S0 39

27 15

Item s in tr a n s it..........................................................

4,430 45

7,087 59

2,203 92

1,052 38

19,924 70

9,588 74

14,543 81

16,931 54

2,410 00

•

U nited States b o n d s.................................................
Due from banks in reserve cities...........................
Exchanges for clearing house.................................
U. S. and N ational bank currency ........................

1,700 00

3,490 00

3,084 00

Gold co in .....................................................................

1,695 00

1,820 00

1,500 00

1,247 00

Silver co in ....................................................................

1,353 80

997 60

•790 90

1,951 20

Nickels and c e n ts.......................................................
Checks, cash items and internal revenue acc o u n t.........................................................................

126 05

158 06

137 21

118 45

272 19

99 10

337 30

1,028 62

T o ta ls...................................................................

$150,382 47

$137,084 22

$132,095 14

$143,508 08

Liabilities.
Capital stock paid i n ................................................

$25,000 00

$25,000 00

$25,000 00

$25,000 00

Surplus f u n d ...............................................................
U ndivided profits, less current expenses, interest
and taxes p a id .......................................................

5,000 00

5,000 00

5,000 00

5,000 00

455 08

219 34

579 51

737 06

Dividends u n p a id ......................................................

132 00

Commercial deposits subject to check.................

32,774 17

21,184 75

18,899 54

20,130 15

Commercial certificates of d ep o sit.........................

5,390 77

2,987 14

2,878 10

4,094 68

80 57

96 40

Due to banks and b an k ers......................................

30 00

Certified checks..........................................................
Cashier’s checks o u tstan d in g ..................................
Savings d ep o sits........................................................

0,338 25

7,032 49

5,270 07

Savings certificates of dep o sit................................

75,292 20

76,179 93

09,370 92

*

6,177 03
82,339 16

Notes and bills rediscounted..................................
Bills p ay ab le...............................................................

5,000 00

-

%
T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$150,382 47

$137,084 22

$132,095 14

$143,508 08

STATE BANKING DEPARTMENT.

100

No. 141.
STATE SAVINGS BANK OF FOWLER, FOWLER.
Organized September 19, 1892.
F r e d e r i c k S c h e m e r , P r e s i d e n t ; M i c h a e l S p i t z l e y , V ic e P r e s i d e n t ;
D i r e c t o r s . — F rederick

W. II.

S n e l l i n g . C a s h ie r .

Schemer, W. IT. Snelling, M ichael Spitzley, T. W. Snelling,
E. E. Snelling.

Resources.

Report of
Jan. 22.

R eport of
March 28.

Report of
June 9.

R eport of
Sept. 6.

Loans and discounts.....................

$41,745 94

$46,507 03

$50,880 63

$47,055 40

Bonds, m ortgages and securities.

137,060 03

143,144 26

138,968 51

137,468 01

1,682 95

2,963 81

5,177 30

18 94

1,600 00

1,600 00

1,600 00

1,600 00

49,285 30

39,317 69

17,769 89

25,168 00

Prem ium s paid on b o n d s.............
O v erd rafts........................................
Banking h o u se................................
F u rn itu re and fix tu res..................
O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities) ........................................................................
Item s in tra n s it................................
United S tates b o n d s........................
Due from banks in reserve cities..
Exchanges for clearing h o u s e .---U. S. and N ational bank currency.

9,468 00

7,857 00

5,610 00

7,889 00

Gold co in ............................................ .

3,325 00

3,465 00

3,630 00

3,575 00

Silver co in ................. * ........................

S08 00

814 00

797 00

1,718 00

Nickels and c e n ts.......................................................|
Checks, cash item s and internal revenue ac-J
c o u n t.........................................................................

134 85

166 78

142 59

180 32

470 79

321 95

274 13

115 60

$246,157 52 I $224,850 05

$224,788 27

T otals.
Liabilities.
C apital stock paid i n ..............
Surplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id ........................................................

$246,186 86

$15,000 00

$15,000 00

$15,000 00

$15,000 00

5,000 00

5,000 00

5,000 00

5,000 00

1,015 80

2,117 16

2,868 73

1,135 94

Dividends u n p a id .....................................
Commercial deposits subject to check.

20,282 83

33,759 28

10,224 47

21,480 40

Commercial certificates of deposit___

180,707 53

172,168 28

156,510 97

161,502 76

24,180 70

18,112 80

Due to banks and b an k ers.....................
Certified checks.........................................
Cashier’s checks o u tstan d in g .................
Savings dep o sits........................................

19,245

20,669 17

Savings certificates of d ep o sit...............
Notes and bills rediscounted.................
Bills p ay ab le..............................................
T otals.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

10,000 00

$246,186 86

$246,157 52 I

$224,850 05

$224,788 27

101

STATE BANKS OF MICHIGAN.
No. 293.
THE STATE BANK OF FOWLERVILLE, FOWLERVILLE, MICHIGAN.
Organized June 1, 1904.
J ohn
D i r e c t o r s .— J .

C.

E l l s w o r t h . P r e s id e n t;

L. Cooper, L. F. Peet,

S. L .

S.

L.

Bignall,
R eport of
Jan. 22.

Resources.

B i g n a l i ,. V ic e P r e s id e n t .
J o liu

C.

E llsw orth, Alex. M cFherson.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

Loans and disco u nts.................................................

$10,140 39

Bonds, m ortgages and securities......................... .

1,400 00

Prem ium s paid on b o n d s.........................................
O v erd rafts...................................................................
Banking h o u se............................................................
F urniture and fix tures.............................................
Expenses, interest, etc..........................................

172 11

.

O ther real e s ta te ........................................................
Due from other banks and bankers (riot reserve
Cities) ........................................................................

*
1,089 72

Item s in tr a n s it..........................................................
U nited States b o n d s. . . k. . .
27,678 96

Due from banks in reserve cities...........................
Exchanges for clearing house.................................
U. S. and N ational bank currency........................

5,082 00

Gold co in .....................................................................

3,065 00

Silver co in ....................................................................

882 15

Nickels and c e n ts. . .
Checks, cash items and internal revenue ac­
count ........................................................................

165 00
85 00

T o ta ls...................................................................

$49,760 33

Liabilities.
Capital stock paid i n ................................................

.$25,000 00

Surplus fu n d ...............................................................
U ndivided profits, less current expenses, interest
and taxes p a id ........................................................
Dividends u n p a id ......................................................
14,677 29

Commercial deposits subject to ch eck .................
Commercial certificates of d ep o sit........................
Due to banks and b an k ers................................
Certified checks........................ .................................
Cashier’s checks o u tstan d in g ..................................
Savings dep o sits.........................................................
Savings certificates of dep o sit.............................. ..

.................
10,083 04

Notes and bills rediscounted..................................
Bills p ay ab le...............................................................

Totals


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$49,760 33

•

102

S T A T E B A N K IN G D E P A R T M E N T .
N o. 229.
B E N Z I E C O U N T Y S T A T E S A V IN G S B A N K , F R A N K F O R T .
O r g a n iz e d A p r i l 15, 1901.
L eonard

P.

D i r e c t o r s .—-Leonard

C i .a s s e n s , P r e s i d e n t ; H e n r y F. R o b e r t s o n , V ic e
J o s e p h F. H o f s t e t t e r , C a s h ie r .

P r e s id e n t;

P. Classens, H enry F Robertson, R obert G. P au tz, L. E. Vorce, Geo.
W aters, J r., W illiam T h u rsto n , .1. F. Ilo fs te tte r.

Resources.

R eport of
Sept. 6.

R eport of
Jan. 22.

R eport of
March 28.

R eport of
Ju n e 9.

$54,428 77

$58,657 83

$52,377 61

$57,436 86

52,780 20

57,062 92

57,471 92

55,438 40

Loans and disco u n ts............................................... .. :
Ronds, m ortgages and securities...........................
Prem ium s paid on b o n d s.........................................
O v erd rafts...................................................................

810 30

614 38

492 94

Banking h o u se............................................................

5,800 00

5,800 00

5,800 00

5,800 CO

F urn itu re and fix tu res.............................................

1.450 00

1,450 00

1,450 00

1,450 00

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities) ........................................................................
Item s in tr a n s it..........................................................

232 51

•
580 00

500 00 ......................

U nited States b o n d s.................................................
Due from banks in reserve cities...........................

20,008 72

13,169 77

18,726 55

36,169 45

Exchanges for clearing house.................................
U. S. and N ational bank currency........................

3.487 00

4,339 00

4,662 00

3,738 00

Gold co in .....................................................................

5,400 00

5,565 00

7,145 00

6,250 00

Silver co in ....................................................................

580 00

340 00

850 00

1,200 00

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue acc o u n t.........................................................................

52 04

35 03

68 37

161 92

333 51

456 01

377 11

227 16

T o ta ls................................................................. .

$145,716 60

$147,989 94

$149,421 50

$168,174 05

Liabilities.
C apital stock paid i n ................................................

$20,000 00

$20,000 00

$20,000 00

$20,000 00

3,000 00

3,000 00

3,000 00

3,500 00

314 28

770 07

1.749 0!

516 34

Surplus f u n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id .......................................................
D ividends u n p a id ......................................................

43,022 75

..............
39,718 41

...............

....................

Cashier’s checks o u tstan d in g .................................. ......................
33,293 31

35,194 17

36,338 22

41.622 24

Savings certificates of d ep o sit................................

45,996 95

48,615 86

45,229 32

$149,421 50

$168.174 05

Commercial deposits subject to check .................

48,480 43

57,300 15

Commercial certificates of dep o sit..........
Due to banks and b an k ers......................................
Certified checks..........................................................

Savings dep o sits........................................................

40,028 58

Notes and bills rediscounted..................................
Bills p ay ab le...............................................................
T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$145,716 60 I

$147,989 94

j

103

STATE BANKS OF MICHIGAN.
No. 298.
* THE FREMONT STATE BANK, FREMONT, MICHIGAN.
Organized May 24, 1904.
A nos.

O.

P r e s id e n t; L a M o n t e

W h it e ,

D i r e c t o r s . — Amos

P u ff,

V ic e P r e s i d e n t ; E

m ie l

C a s h ie r .

K e a ip f ,

O. W hite, Emiel Kem pf, L aM onte D. P uli, M a rtin Rozema,
Jacklin, Nicholas DeH aas, John H. Lewis.

Resources.

Report of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

Jo h n

R eport of
Sept. 6.

Loans and disco u n ts.................................................
Bonds, m ortgages and securities........................... j
Prem ium s paid on b o n d s.........................................
O v erd rafts...................................................................
Banking h o u se............................................................
F urniture and fix tu res.............................................
O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities) ........................................................................
Item s in tr a n s it..........................................................
United S tates b o n d s...
Due from banks and rash on hand
Exchanges for clearing h o u se ...
U. S. and National bank currency. .•....................
Gold co in .....................................................................
Silver co in ...................................................................
Nickels and c e n ts. . .
Checks, cash item s and internal revenue ac­
count .........
T o ta ls...................................................................
Liabilities.
Capital stock paid i n ..
Surplus fu n d .
Undivided profits, less current expenses, interest
and taxes p a id .............
Dividends unpaid . ..
Commercial deposits subject to check
Commercial certificates of dep o sit. ..
Due to banks and bankers
Certified c h eck s...
Cashier’s checks outstanding
Savings deposits .
Savings certificates of deposit................................
Notes and bills rediscounted
Bills payable

Totals
i

*Had n ot commenced business a t tim e of Sept. 6 report.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

P.

.

104

STATE BANKING DEPARTMENT.
No. 153.
GAYLORD STATE SAVINGS BANK, GAYLORD.
Organized March 4, 1893.

F r a n k A . K r a m e r , P r e s i d e n t ; E a r l B . B o l t o n , V ic e P r e s i d e n t ; S a n f o r d W . B u c k , C a s h ie r ;
H . T . G l e z e 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 .—

F ra n k A. K ram er, S anford W. Buck. E a rl B. B olton, Jo h n G. B erry, Geo. Skelton,
Jam es I. B erry, Lew is Jenson.
Resources.

R eport of
Jan. 22.

R eport of
March 28.

Loans and disco u n ts.................................................

1132,588 15

$140,051 77

$142,634 92

41,298 00

39,008 00

38,904 16

584 07

1,132 37

1,000 00

1,000 00

O ther real e s ta te .............................. .....................
Due from other banks and bankers (not reserve
c ities)........................................................................

300 00

250 00

Item s in tr a n s it..........................................................

973 94

4,549 68

55,084 19

40,253 24

Bonds, m ortgages and securities............

Report of 1 Report of
June 9.
Sept. 6.

44,028 00
.
......................
782 64
1,003 69

Prem ium s paid on b o n d s.........................................
O v e rd ra fts ,.................................................................

$133,218 27

Banking h o u se............................................................
F u rn itu re and fix tu res.............................................

......................
1,000 00

1,000 00
250 00
1,865 87

25 00

United S tates b o n d s.................................................
Due from banks in reserve cities...........................
Exchanges for clearing h o u se.................................

29,303 25

24,189 36

.. .

U. S. and N ational bank currency ........................

8.504 00

8,062 00

11,478 00

9,204 00

Gold co in ..................................................

5,560 00

5,145 00

5,720 00

6,155 00

Silver co in ................................................

496 15

337 25

1,409 80

494 75

Nickels and c e n ts.................................
Checks, cash item s and internal revenue ac­
count ...................................................

157 58

201 11

226 06

203 71

1,740 41

2,436 34

949 21

1,372 30

8248,886 49

$242,426 76

$234,523 91

$220,894 08

$25,000 00

$25,000 00

$25,000 00

$25,000 00

5,000 00

5,000 00

5,000 00

5,000 00

6,335 62

7,198 14

9,187 65

6,838 67

T o ta ls...........................................................
Liabilities.
Capital stock paid i n ...................
Surplus fu n d ...............................
U ndivided profits, less current expenses, interest
and taxes p a id ......................................
Dividends u n p a id ......................
Commercial deposits subject to ch eck ...........
Commercial certificates of dep o sit___

91,203 69

88,766 14

74,455 11

67,942 88

121,287 IS

116,462 48

120,881 15

116,112 53

Due to banks and b an k ers........
Certified ch eck s......................
-

Cashier’s checks o u tstan d in g ..........................
Savings d ep o sits.................................
Savings certificates of dep o sit.............
Notes and bills redisco unted ...............

...............

Bills p a y ab le....................

•
T o ta ls....................
______1
....
_


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$248,886 49
1

$242,426 76

$234,523 91

!
$220,894 08

105

STATE BANKS OF MICHIGAN.
* STATE BANK OF GLADWIN. GLADWIN. MICHIGAN.
Organized July 27, 1904.
W il l ia m

H.

A i t k i n , P r e s id e n t; A .

C. G.

D i r e c t o r s . — W illiam

H.

M e d b u r y , V ic e P r e s id e n t; M e l v i n
G o o d r u m , A s s is ta n t C a sh ier.

R eport of
Jan. 22.

Loans and disco u n ts..................
Ronds, m ortgages and securities
Prem ium s paid on b o n d s...........
O v erd rafts......................................
Banking h o u se..............................
F u rn itu re and fix tures................
O ther real e s ta te .......................... ............................
Due from other banks and bankers (not reserve
cities) ...................................................................
Item s in tr a n s it........................................... .~............
United S tates b o n d s.................................................
Due from banks in reserve cities...........................
Exchanges for clearing h o u se.................................;
U. S. and N ational bank currency........................
Gold co in .................................................................
Silver co in .................................................................•
Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue ac­
count .........................................................................
T o ta ls..................................... .............................
Liabilities.
Capital stock paid i n ................................................
Surplus fu n d ........................................................... . • !
Undivided profits, less current expenses, interest
and taxes paid . t ...................................................................
Dividends u n p a id ......................................................
Commercial deposits subject to check .................
Commercial certificates of d ep o sit........................
Due to banks and b an k ers......................................
Certified checks..........................................................
Cashier’s checks o u tstan d in g ..................................
Savings dep o sits.........................................................
Savings certificates of dep o sit................................
Notes and bills rediscounted..................................
Bills p ay ab le...............................................................

Totals
*IIad n ot commenced business at tim e of Sept. 6 report.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

A i t k i n , C a s h ie r ;

H. A itkin, Albert E. Sleeper, A. H. M edbury, Melvin H. Aitkin, H. C. Aitkin,

Resources.

14

H.

R eport of
March 28.

R eport of
June 9.

Report of
Sept. 6.

106

STATE BANKING DEPARTMENT.
No. 249.
GRAND HAVEN STATE BANK, GRAND HAVEN.
Organized September 23, 1901.

(4. J. D i e k e m a , V ic e P r e s i d e n t ; E l b e r t L y n n , C a s h ie r ;
B. P. S h e r w o o d , 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. J. Diekem a, C. Ver Schure, Geo. P. H um m er, E lb e rt L ynn, K. T. V an Den
Bosch, Jo h n Veneklasen, J. W. O’B rien, B. P. Sherwood, W. H. Beach.
J o seph

W.

O 'B r i e n ,

P r e s id e n t;

Resources.
Loans and d iscounts.........
Bonds, mortgages and securities........

R eport of I R eport of
Jan. 22.
Marcii 28.

Report of
June 9.

R eport of
Sept. 6.

$114,475 41

$119,927 00

$132,598 59

$134,455 87

57,563 72

59 127 05

63.029 48

65,929 4S

Prem ium s paid on b o n d s.........................................
O v erd rafts.................................................................

167 75

7 09

210 72

04 68

Banking h o u se............................................................

6,703 00

6,703 00

6,703 00

0,703 00

F u rn itu re and fix tu res...........

2,815 62

2,815 62

2.815 02

2,815 62

O ther real e s ta te ........................
Due from otiier banks and bankers (not reserve
cities)................................................

......................
29 00

33 16

Item s in tr a n s it.............................................

19 00

U nited States b o n d s.................................................
Due from banks in reserve cities...........................

30,644 23

40,898 32

28 859 90

39,146 13

U. S. and N ational bank currency.............

6,014 00

8,146 00

10,027 00

8,522 00

Gold co in .........................

2,425 00

2,430 00

3.430 00

4.482 50

1,529 25

2,128 70

2,091 15

1,880 79

218 31

212 06

116 34

117 38

346 97

217 33

271 32

1,774 15

$222,932 26

$242,012 77

$250,772 72

$265,930 76

$30.000 00

$30,000 00

$30,000 00

700 00

700 00

700 00

1,000 00

1,017 54

2,247 16

3,201 29

1,791 51

37,872 26

49,370 00

48,832 58

Exchanges for clearing h o u se.................................

t

Silver co in ...............................
Nickels and c e n ts........
Checks, cash item s and internal revenue ac­
count ..........................

T o ta ls.........................
Liabilities.
Capital stock paid i n ...........................
Surplus f u n d ...................
Undivided profits, less current expenses, interest
and taxes p a id .............
Dividends u n p a id ...................................
Commercial deposits subject to ch eck .........

•

$30,000 00

42 00
24,017 45

Commercial certificates of dep o sit. . . .

......................

Due to banks and b an k ers............
Certified checks.............

391 22

800 00

Cashier’s checks o u tstan d in g .............
Savings d ep o sits.....................
Savings certificates of d ep o sit.............

55,006 55

59,123 22

01,459 30

71,618 91

112,088 72

112,278 91

105,182 07

112,087 70

•$250,772 72

$265,930 70

Notes and bills rediscounted...........
Bills p a y a b le ....................


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Federal Reserve Bank of St. Louis

$242,612 77

!

STATE BANKS OF MICHIGAN.

107

No. 276.
COMMERCIAL-SAVINGS BANK OF GRAND RAPIDS.
Organized April 28, 1903.
C. B. K e l s e y , P r e s i d e n t ; E . G. M a x w e l l , V i c e P r e s i d e n t ; II. N . M o r r il l , C a s h i e r .
D ir e c t o r s .— E. G. M axwell, Wm. D. W eaver, Wm. D. Bishop, Z. C lark T hw ing, H untley

Russell, William P. K utsehe, John Otte, Lyman Welch, Robert S hanahan, Sum ner M.
W ells, Moses T ag g art, Chas. F. Young, Jos. C. F ord, E. A. T urnbull, C. B. Kelsey,
Geo. F. B eardsley.
•
Resources.

R eport of
Jan. 22.

R eport of
M arch 28.

R eport of
Ju n e 9.

R eport of
Sept. 6.

Loans and d iscounts.................................................

$522,005 30

$586,849 38

«612,639 37

$043,551 17

Bonds, mortgages and securities...........................

45,050 00

44,550 00

52,500 00

54,400 00

840 73

2,751 18

1,136 31

253 05

8,100 05

8,166 05

8,100 05

8,166 05

1,585 58

1,408 54

2,230 98

57,197 73

Prem ium s paid on b o n d s.........................................
O v erd rafts...................................................................
Banking h o u se............................................................
F u rn itu re and fix tu res.............................................
O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities) ........................................................................
Item s in tr a n s it..........................................................

525 00

U nited S tates b o n d s.................................................

.............

Due from banks in reserve cities...........................

119,721 25

81,648 02

99,922 41

Exchanges for clearing house.................................

3,596 29

1,563 32

2,404 35

9,405 79

U. S. and N ational bank currency........................

32.015 00

34,977 00

35,449 00

32,840 00

Gold co in .....................................................................

3,380 00

2,683 50

7,803 00

9,828 50

Silver co in ...................................................................

1,191 25

643 00

1,297 50

1,211 50

Nickels and c e n ts........
Checks, cash item s and internal revenue ac­
count ........................................................................

195 81

302 87

241 74

400 57

1,770 21

1,403 87

2,679 69
■

1,303 52

$738,462 89

$707,183 77

$825,707 90

'
$820,914 86

«200,000 00

$200,000 00

$200,000 00

$200,000 00

4,000 00

4 000 00

4,000 00

10,000 00

1,409 60

3.003 75
■

5,895 53

2,113 59

217,988 54

197,175 62

250,007 17

223,849 37

Due to banks and b an k ers......................................

28,183 72

28,239 93

28,904 01

31,441 76

Certified checks..........................................................

92 00

200 00

100 00

386 25

T o ta ls..........
Liabilities.
Capital stock paid i n ................................................
Surplus fu n d ...........................................................
Undivided profits, less current expenses, interest
and taxes p a id .......................................................
Dividends u n p a id ......................................................
Commercial deposits subject to check .................
Commercial certificates of dep o sit........................

Cashier’s checks o u tstan d in g ..................................
Savings d eposits........
Savings certificates of dep o sit................................

74,108 95

81,977 50

81 183 40

86,398 28

212,020 02

251,926 91

255,557 19

259,225 01

Notes and bills rediscounted..................................
Bills p ay ab le...............................................................

T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

7,500 00

......................
$738,402 89

$707,183 77

$825,707 96

$820,914 86

108

S T A T E B A N K IN G D E P A R T M E N T .
No. 61.

GRAND RAPIDS SAVINGS BANK, GRAND RAPIDS. Organized May 1, 1872.
C h a k i .e s W. G a r f ie l d , P r e s i d e n t ; O r so n A. B a l l , V i c e P r e s i d e n t ; F . A. H a l l , C a s h i e r ;
D. B. S h e d d , A s s i s t a n t C a s h i e r .
D ir e c t o r s .— C harles W. Garfield, George M. Edison, A aron B rew er, N . F re d Avery, Orson A.

B all, Roger W. B utterfield. F ra n k E. L eonard. T hom as M. Peck, F ra n k Jew ell, W. II.
G ilbert, L ester ,7. -Rindge. Win. Alden Sm ith, Geo. G. W hitw orth.
R eport of
Jan. 22.

R eport of
M arch 28.

R eport of
June 9.

Loans and disco u n ts.............................. ‘..................

$790,805 38

$808,264 95

1863,284 29

$843,039 11

Bonds, m ortgages and securities...........................

978,414 00

966,333 50

973,504 00

1,007,283 57

Prem ium s paid on b o n d s.........................................

5,000 00

5,000 00

5,000 00

3,000 00

O v erd rafts...................................................................

773 63

761 68

76 37

Resources.

Banking h o u se............................................................

.............

R eport of
Sept. 6.

469 22
■

F urn itu re and fix tu res.............................................

6,297 00

6.297 00

6,354 00

5.057 75

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities) ........................................................................

10,253 71

10,253 71

10,003 71

10,003 71

Item s in tr a n s it..........................................................

129 61

805 19

18,148 00

319 26

Due from banks in reserve cities...........................

232,517 67

239,292 09

230,286 16

268,888 06

Exchanges for clearing h o u se...................... ..........

17,214 01

1,871 66

3,414 97

3,387 81

U. S. and N ational bank currency........................

60,469 00

60,399 00

71,377 00

60,395 00

Gold co in .....................................................................

35,714 50

35,260 00

35,435 00

35,320 00

Silver co in ...................................................................

4,151 80

2,168 30

2,353 65

2.048 10

197 96

299 70

379 82

200 88

1,576 61

995 84

186 32

1,909 19

82 154 514 88

$2,138,002 68

$2,219,803 29

$2,241,321 66

$150,000 00

$150,000 00

$150,000 00

$150,000 00

30,000 00

30,000 00

30,000 00

30,000 00

12,422 34

17,937 61

28,604 39

20,238 15

127,672 06

......................
141,619 29

179,141 10

117 18

117 18

117 18

......................

3,120 72

United States b o n d s.................................................

Nickels and c e n ts.................................
Checks, cash item s and internal revenue acc o u n t..................................

T o ta ls.............................
Liabilities.
Capital stock paid i n ................................................
Surplus fu n d ....................................
Undivided profits, less current expenses, interest
and taxes p a id ......................................
Dividends u n p a id ..........................................
Commercial deposits subject to check .................
Commercial certificates of dep o sit....................

178 00
160,757 27
117 18

Due to banks and b an k ers..................................
Certified checks...................................

201 89

.. . .

Cashier’s checks o u tstan d in g ..............................
Savings dep o sits..........................................
Savings certificates of dep o sit................................

28 00

......................

100 00

.

1 162,742 22

1,159,243 24

1,160,401 35

1,173,886 46

638,095 98

653,032 59

705,940 36

687,810 77

$2,154,514 88

$2,13S,002 68

$2,219,803 29

$2,241,321 66

Notes and bills rediscounted..............................
Bills p ay ab le..........................................
T o ta ls...................................................................


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Federal Reserve Bank of St. Louis

STATE BANKS OF MICHIGAN.

109

N o. 65.
K E N T COU NTY SA V IN G S B A N K , G R A N D R A P ID S .

Organized December 24, 1884.
J o h n A. C ovode , P r e s id e n t; H e n r y I d e m a , V i c e P r e s i d e n t ; J. A. S. V e r d ie k , C a s h i e r ;
A. T . S l a 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 .— Jo h n A. Covode, H enry Idem a, J. A. S. V erdier, T. J. O 'B rien, P. C. M iller,

T. S te w a rt W hite, Lew is H. W ithey.
Resources.

Bonds, m ortgages and securities...........................

R eport of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

$1,612,819 06

$1,028,809 25

$1,649,343 72

$1,533,546 15

765,341 61

795,300 30

805,080 85

836,991 38

Prem ium s pair! on TT S bonds
O v erd rafts...................................................................

810 97

1,181 75

575 27

395 11

B anking h o u se............................................................

25,000 00

25,000 00

25,000 00

25,000 00

F urniture and fix tu res..............................................

3,000 00

3.000 00

3,000 00

3,000 00

Other real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities).
..............................................................

3,403 65

3,401 65

3,401 65

3,234 65

Item s in tr a n s i t ..........................................................

6,811 40

3,301 38

1,709 95

226 36

U nited S tates b o n d s.................................................

600 00

600 00

600 00

600 00

Due from banks in reserve cities...........................

280,323 75

339,904 56

318,184 72

414,0S0 60

Exchanges for clearing h o u se.................................

4,925 29

0,005 24

15,570 33

24,891 26

U. S. and N ational bank currency ........................

56,789 00

58,358 00

74,546 00

69,164 00

Gold co in .....................................................................

03,132 50

61,562 50

63,162 50

61,005 00

Silver co in ....................................................................

16,458 90

15,957 65

9,050 95

4,475 80

Nickels and c e n ts......................................................
Checks, cash item s and internal revenue ac­
count .........................................................................

1,144 76

1,032 76

1,038 41

724 92

2,202 87

569 89

657 68

414 92

T o ta ls...................................................................

$2,842,763 76

$2,938,984 93

$2,971,522 03

$2,977,750 15

Liabilities.
Capital stock paid i n ................................................

$50,000 00

$50,000 00

$50,000 00

$50,000 00

150,000 00

150,000 00

150,000 00

150,000 00

19,752 77

32,654 11

49,348 77

46,584 81

317,509 69

367,785 23

385,954 51

351,482 08

516 90

372 74

616 90

881 70

Savings d ep o sits.........................................................

1,545,001 48

1,578,518 04

1,569,655 37

1,580,832 27

Savings certificates of deposit................................

759,282 92

759,654 81

765,946 48

791,969 29

$2,971,522 03

$2,977,750 15

Surplus fu n d ...............................................................
U ndivided profits, less current expenses, interest
and taxes p a id .......................................................
Tbvidends unpaid
Commercial deposits subject to cheek .................

100 00

Commercial certificatp.fi of deposit
DllP te banks anil bankers
Certified ch eck s..........................................................
Cashier’s checks outstanding

Notes and bill4' rediscounted
Pills payable
.
T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$2,842,763 76

S2.938.9S4 93

110

S T A T E B A N K IN G D E P A R T M E N T .

THE MICHIGAN TRUST COMPANY, GRAND RAPIDS.
H . W i t h e y , P r e s i d e n t ; W il l a r d B a r n h a r t . F i r s t V i c e P r e s i d e n t • H e n r y I dem a
S e c o n d V i c e P r e s i d e n t ; F . A. G o r h a m , T h i r d V i c e P r e s i d e n t ; G e o . I I e fe e r a n S e c r e t a r y C l a u d e H a m il t o n , A s s i s t a n t S e c r e t a r y .

L e w is

D ir e c t o r s .

Resources.

R eport of
Jan. 22.

R eport of
M arch 28.

R eport of
Ju n e 9.

R eport of
Sept. 6.

Collateral loans— tim e ___

$46,921 96

$44,071 96

$70,518 90

$62,023 00

Collateral loans—d e m a n d .

178,878 05

187,423 08

173,738 61

191,996 71

Loans on real estate m ortgages, in office. . ..
Loans on real estate mortgages, w ith State
T reasu rer.............................................................

100,746 33

96,735 04

89,285 04

103,470 76

96,368 50

95,498 50

96,198 50

95,398 50

Bonds— in office.........................

35,075 00

33,600 00

50,800 00

73,500 00

Bonds—w ith S tate T reasurer.

8,000 00

8,000 00

5,000 00

5,000 00

19.194 61

18,538 61

18,138 61

18,138 61

Other lo a n s.................................

S to ck s.
Real estate ow ned.............................

3,000 00

3,011 18

3,020 48

3,006 56

Other in v estm en ts.............................

21,488 35

19,594 85

30,068 80

37,027 77

Advances to tr u s ts ............................

27,819 11

29.680 43

27,588 63

29,526 07

Safe deposit v a u lts ............................

14,500 00

14,500 00

14,500 00

14,500 00

F u rn itu re and fix tu res......................

4,000 00

4.000 00

Due from approved reserve a g en ts.

224,740 80

216,960 72

200,348 71

141,663 48

42.789 39

33,863 20

34,732 57

Prem ium s p a id ...................................

4,000 00 !

3,000 00

Due from other banks and b an k ers.

20,107 11

Cash ite m s............................................

3,633 69

Nickels and c e n ts...............................

4 25

5 02

19-43

3 33

Silver co in ............................................

48 45

133 05

127 05

33 50

73 75

Gold co in ..............................................

2,450 00

3,765 00

1,340 00

2,547 50

U. S. and N ational bank n o te s .. . .

17,028 00

15,284 00

14,682 00

9,197 00

$824,004 21

$833,590 83

$833,238 02

$824,839 11

$ 200,000 00

$200,000 00

$200,000 00

$200,000 00

100,000 00

100,000 00

100,000 00

100,000 00

24,728 59

25,834 38

30,652 31

24,229 97

492,289 64

500,534 97

495,212 48

493,155 11

6,985 98

7,221 48

7,373 23

7,454 03

$824,004 21

$833,590 83

$833,238 02

$824,839 11

T o ta ls.

Liabilities.
Capital stock paid i n ..............
..........................................................
Surplus fu n d ............................................................... j
U ndivided profits, less expenses, interest and
taxes p a id ............................................................... |
Dividends u n p a id ......................................................
T rust d ep o sits........................................................
D eb en tu res..............................................................
P rem iu m s.................................................................
O ther liab ilities......................................................
T o ta ls.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

S T A T E B A N K S O F M IC H IG A N .

Ill

No. 108.
PEOPLE’S SAYINGS BANK, GRAND RAPIDS.
Organized December 23, 1890.
T hom as

H e f f e k a n . P r e s i d e n t ; W m . A l d e n S m i t h , S a m u e l M. L e m o n , V i c e P r e s i d e n t s ;
G e o . E. L u t h e r , C a s h i e r ; M. D. H o o g e ste g er , A s s i s t a n t C a s h ie r .
D ir e c t o r s .— Wm. A lden Sm ith, Jo h n M urray, T hom as Ilefferan, Wm. II. A nderson. Wm. H.

Gay. Reuben Bloom er, Sam uel M. Lemon. Jo h n W. B lodgett, A. D. Ratlibone, E ugene
D. Conger, J. Boyd P a n tlin d , C h ristia n B ertsch, A. S. M usselm an, Jo h n T. B yrne, Wm.
Logie.
Resources.

R eport of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

Loans and disco u n ts.................................................

$376,689 06

$334,085 93

$395,104 99

$425,096 99

Bonds, m ortgages and securities...........................

1,251,525 81

1,250,134 19

1.230,459 22

1,232,059 79

Prem ium s paid on b o n d s............. ...........................

17,000 00

17,000 00

17,000 00

17,000 00

O v erd rafts...................................................................

893 42

453 54

253 07

93 22

B anking h o u se............................................................
F urniture and fix tu res.............................................

3,673 93

5,731 34

6,575 57

6,000 00

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities) ........................................................................

10,752 59

10,346 18

10,346 18

9,746 18

3,471 47

8,675 20

4,422 09

,6,291 35

192,374 90

271,271 60

271,549 18

212,485 79

6,182 53

6,569 30

4,204 19

14,444 78

U. S. and National bank c u rre n c y .......................

29,138 00

34,128 00

45,300 00

42,465 00

Gold co in .....................................................................

52,865 00

52,820 00

53,212 50

42,588 00

Silver co in ...................................................................

1,300 60

2,705 80

5,647 90

4,227 35

104 50

113 52

243 35

249 87

515 19

2,028 03

668 72

403 28

$1,940,493 00

$1,996,603 23

$2,045,052 90

$2,013,751 00

Item s in tr a n s it..........................................................
United S tates b o n d s.................................................
Due from banks in reserve cities...........................
Exchanges for clearing h o u se........................ ..

Nickels and c e n ts......................................................
Checks, cash item s and internal revenue ac­
count .........................................................................
T o ta ls...................................................................
Liabilities.
Capital stock paid i n ................................................

$ 100,000 00

$100,000 00

$100,000 00

$100,000 00

Surplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id .......................................................

20,000 00

20,000 00

20,000 00

20,000 00

23,837 74

27,062 88

19.745 15

27,910 72

Dividends u n p a id ......................................................

70 00

10 00

30 00

50 00

Commercial deposits subject to check.................

138,078 55

102.700 89

188,160 77

220,078 95

Due to banks and b an k ers......................................

32,953 45

32,032 10

28,618 00

24,672 79

Certified checks......................................... ' ...............

302 32

Commercial certificates of dep o sit.........................

Cashier’s checks o u tstan d in g ..................................
Savings d ep o sits.........................................................

745,071 10

700,353 09

806,011 85

730,209 40

Savings certificates of dep o sit................................

885,579 90

888,503 67

882,480 59

890,829 68

$1,940,493 00
'

$1,996,663 23

$2,045,052 90

$2,013,751 60

Notes and bills rediscounted...................................
Bills p ay ab le...............................................................
T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

112

S T A T E B A N K IN G D E P A R T M E N T .

No. 139.
STATE BANK OF MICHIGAN, GRAND RAPIDS.
Organized June 25, 1892.
D a n ie l M c C oy , P r e s i d e n t ; W il l ia m H . J o n e s , V i c e P r e s i d e n t ; M a r s h H . S o k r ic k , C a s h i e r ;
Ca s p e r B a a r m a 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 .— Wm. J. S tu a rt, Wm. IT. Jones, Jam es K. Johnston, D aniel McCoy, B enjam in
Wolf, E. A. Stowe, S. B. Jenks, M. II. Sorrick, E. II. Foote, H. B. H erpolsheim er, Benj.

S. H an ch e tt.
Resources.

Report of
! Jan. 22.

Report of
March 28.

R eport of
June 9.

R eport of
Sept. G.

Loans and disco u n ts.................................................

$1,796,477 43

$1,895,764 27

$1,826,607 78

$1,896,121 87

Bonds, m ortgages and securities...........................

374,057 87

406,657 87

459,023 57

486,479 83

Prem ium s paid on b o n d s.........................................

3,587 72

3.587 72

3,427 72

3,585 72

O v erd rafts...................................................................

951 58

499 41

221 66

254 43

Banking h o u se............................................................

29,871 42

29,881 42

29,881 42

29,000 00

F urniture and fix tu res.............................................

23,093 64

23,093 64

23,093 64

22,093 64

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities) ........................................................................

3,573 75

2,540 21

5,184 64

11,418 78

285,325 95

Item s in tr a n s it..........................................................
United S tates b o n d s.................................................
Due from banks in reserve cities...........................

244,628 87

245,506 86

295,734 07

Exchanges for clearing house.................................

10,042 35

5,563 91

7,140 24

16.038 90

U. S. and N ational bank currency............. ..

70,663 00

98,545 00

101,318 00

84,077 00

Gold co in ............................... ......................................

64,32S 50

06,711 00

69,653 50

63,562 50

Silver co in ....................................................................

11,018 00

7,818 50

6,088 00

24,906 25

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue ac­
count ........................................................................

743 28

755 46

884 00

871 34

10,159 49

1,802 29

10.788 58

0,937 90

T o ta ls.................................................................... $2,649,196 90

$2,788,727 56

$2,839,647 42

$2,930.674 11.

$150,000 00

$150,000 00

$150,000 00

$150,000 00

100,000 00

100,000 00

100,000 00

100,000 00

23,433 82

32,179 21

29,393 20

38,158 89

Dividends u n p a id ......................................................

114 00

14 00

15 00

45 00

Commercial deposits subject to check.................

962,771 43

1,038,906 35

1,070,048 27

1,114,071 77

Commercial certificates of d ep o sit........................

127,786 82

96,664 08

192,054 22

170,071 54

Due to banks and b a n k e rs......................................

102,959 58

98,852 60

79,188 18

75,074 10

Certified checks..........................................................

130 45

63 37

413 70

540 14

Liabilities.
Capital stock paid i n ................................................
Surplus f u n d ...............................................................
U ndivided profits, less current expenses, interest
and taxes p a id ........................................................

792 25

Cashier’s checks o u tstan d in g ..................................
Savings d ep o sits.........................................................

503,905 68

528,533 19

555,676 90

540,962 10

Savings certificates of dep o sit................................

078,089 12

742,722 51

662,257 95

741,750 57

$2,649,196 90

$2.788.727 56

$2.839.647 42

$2,930,674 11

Notes and bills rediscounted..................................
Bills p ay ab le.......... * ..................................................
T o ta ls ..................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

S T A T E B A N K S O F M IC H IG A N .

113

No. 27.
FARMERS’ BANK OF GRASS LAKE, GRASS LAKE.
Organized April 24, 1883.
E.

J. F o s t e r , P r e s i d e n t ; D. G. H e l l ie r , V i c e P r e s i d e n t ; E. L. C o o pe r , C a s h i e r ;
,
E. A. C r o m a n , S e c r e t a r y .
D ir e c t o r s .— E. L. Cooper, E. J. F oster, M. W. Dwelle, E. W. C rafts, D. G. H ellier, E. W.
H obart, E. A. Crom an, W. It. Reynolds, O rville Gorton.
Resources.

R eport of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

Loans and disco u n ts.................................................

$55,085 21

$56,704 86

$57,328 36

$65,479 18

Bonds, m ortgages and securities...........................

119,601 44

122,700 44

120,053 94

124,365 41

Prem ium s paid on b o n d s.........................................
O v erd rafts.................................................... ..............

458 23

475 61

171 90

3,326 41

B anking h o u se............................................................

3,300 00

3,300 00

3,300 00

3,300 00

F u r n itu re and fix tu res . .

O ther real e s ta te .......................................................
Due from other banks and bankers (not reserve
cities)........................................................................
1,400 00

Item s in tr a n s it.........................................................

235 00

United States b o n d s.................................................
Due from banks in reserve cities...........................

25,165 13

27,518 32

29,937 25

30,750 12

Exchanges for clearing house................................
U. S. and N ational Bank C urrency.......................

8,310 00

5,498 00

6,015 00

6,819 00

Gold c o in .....................................................................

3,300 00

4,445 00

5,855 00

800 00

Silver co in ....................................................................

734 20

1,008 25

983 05

788 40

Nickels and c e n ts......................................................
Checks, cash item s and internal revenue ac­
count ........................................................................

249 88

206 28

174 23

285 97

1,030 85

37 98

1,492 16

142 43

T otals....................................................................

$217,294 94

$223,360 74

$225,310 89

$236,291 92

Liabilities.
Capital stock paid i n ................................................

$25,000 00

$25,000 00

$25,000 00

$25,000 00

Surplus f u n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id ........................................................

6,000 00

6,000 00

6,000 00

6,500 00

210 88

721 22

1,348 08

670 02

Dividends u n p a id ......................................................

420 00

60 00

16 00

73 50

Commercial deposits subject to check.................

39,909 05

38,945 52

37,400 19

45,656 42

Commercial certificates of dep o sit........................
Due to banks and b ankers....................................
Certified checks..........................................................
Cashier’s checks o u tstan d in g ..................................
Savings d ep o sits........................................................

8,136 28

9,889 69

11,543 34

13,477 64

Savings certificates of dep o sit................................

137,618 73

142,744 31

143,943 28

144,914 34

$217,294 94

$223,360 74

$225,310 89

$236,291 92

Notes and bills rediscounted................................
Bills p ay ab le...............................................................

Totals . . . .

15


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

114

STATE BANKING DEPARTMENT.
No. 263.
COMMERCIAL STATE SAVINGS BANK, GREENVILLE.
Organized August 27, 1902.
F . E . R a n n iiy , P r e s i d e n t ; D . K . B l a c k , C h a s . M . M il l e r , V i c e P r e s i d e n t s ;
C. V. C o a t s , C a s h i e r .

D i r e c t o r s .— F .

E.

R anney, T. J. P o tte r, D. K. Black, C. A. M iller,
E. A. Kem p, Chas. M. M iller, C hester A. M iller.

Resources.

R eport of
Jan. 22.

R eport of
March 28.

P au l v an Deinse,

R eport of
June 9.

R eport of
Sept. 6.

Loans and disco u n ts......................

$85,905 66

$107,375 63

$122,050 02

$123,589 13

Bonds, m ortgages and securities.

10,725 00

13,375 00

19,625 00

21,450 00

17 47

50 36

2,096 24

2,096 24

2,166 S4

2,190 84

14,529 56

11,125 67

1,919 29

690 09

24,384 84

37,318 48

34,780 73

20,438 43

U. S. and N ational bank currency.

6,517 00

7,531 00

10,070 00

6,272 00

Gold co in ............................................ .

4,915 00

5,000 00

4,745 00

4,490 00

Silver co in ............................................

1,700 00

320 00

1,830 00

1,S69 00

131 88

54 50

43 24

79 19

1,207 75

1,541 58

430 16

1,121 44

$152,130 40

$185,794 46

$197,660 28

$183,343 12

$25,000 00

$25,000 00

$25,000 00

$25,000 00

1,500 00

1,500 00

1,500 00

1,500 00

840 62

1,229 61

1,810 98

2,065 13

38,664 38

64,096 56

48,158 07

47,874 06

86,125 40

93,878 29

120,966 23

106,523 93

90 00

225 00

380 00

$185,794 46

$197 660 28

$183,343 12

Prem ium s paid on b o nds.............
O v erd rafts........................................

11 45

Banking h o u se................................
F u rn itu re and fix tu res..................
O ther real e s ta te ..................................................
Due from other banks and bankers (not reserve
cities) ....................................................................
Item s in tr a n s it.................................
U nited S tates b o n d s........................ .
Due from banks in reserve cities..
Exchanges for clearing h ouse.........

Nickels and c e n ts..................................................
Checks, cash item s and internal revenue ac­
count ....................................................................
T o ta ls.
Liabilities
Capital stock paid i n ...............
Surplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id .......................................................

1,141 55

Dividends u n p a id .....................................
Commercial deposits subject to check.
Commercial certificates of deposit___
Due to banks and b an k ers.....................
Certified checks.........................................
Cashier’s checks o u tsta n d in g ................
Savings d eposits.......................................
Savings certificates of deposit...............
T ax reserve a c co u n t................................
Notes and bills rediscounted.................
Bills p ay ab le..............................................
T o ta ls.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$152,130 40

115

STATE BANKS OF MICHIGAN.
No. 188.
GREENVILLE STATE BANK, GREENVILLE.
Organized April 21, 1896.
F.

N.

W e ig h t , P r e sid e n t;

D i r e c t o r s .— F .

W. D.

J o hn son ,

V i c e P r e s i d e n t ; W m . II. B r o w n e , C a s h i e r .

N. W riglit, F. S. Gibson. W. D. Johnson, W. H. Brow ne, C. W. Johnson,
E. R u tan .

Resources.

R eport of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

Loans and disco u n ts.................................................

$176,798 46

$177,730 73

$196,894 00

$205,471 84

Bonds, mortgages and securities...........................

113,717 34

114,309 02

124.809 02

111,597 34

1 00

1 17

1,000 00

1,000 00

1,127 40

1.19S 55

10,132 82

» 13,735 30

4,720 75

6,646 58

96,890 58

146,283 25

96,197 64

58,549 14

O v erd rafts...................................................................

F u rn itu re and fixtures.............................................
Due from other banks and bankers (not reserve
Item s in tr a n s it..........................................................
Uni tod S tates b o n d s.................................................
D ue from banks in reserve cities...........................
Exchanges for clearing bouse................................

12,575 00

11,930 00

12,805 00

10,820 00

. r T.........................................................

5,225 00

6,995 00

6,480 00

7,180 00

Silver co in ...................................................................

1,086 15

1,118 49

1,215 00

886 75

Nickels and c e n ts......................................................
•Checks, cash item s and internal revenue acc o u n t.........................................................................

503 19

351 29

376 70

578 09

525 45

219 25

394 36

T o ta ls...................................................................

$417,928 54

$473,979 53

$444.845 93

$403,322 65

$25,000 00

$25,000 00

$25,000 00

$25,000 00

25,000 00

25,000 00

25,000 00

25,000 00

1,436 58

3,801 21

5,896 91

9,042 63

126,110 30

171,803 98

111,300 46

87,117 81

243,374 34

277,648 56

257,162 21

$473,979 53

$444,845 93

$403,322 65

U R and National Rank C urrency.......................
Oold coin

Liabilities.
C apital stock paid i n ......................... ......................
Surplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id ........................................................

1

‘

Dividends u n p a id ......................................................
Commercial deposits subject to check.................
Commercial certificates of dep o sit.................... ....
Due to banks and b an k ers.................................... ,

V

Certified checks . . . . ...................................................
Cashier’s checks outstanding. . . T........... .........
Ravings d ep o sits.........................................................
Ravings certificates of dep o sit................................
Notes anil bills rediscounted..................................
Rills payable t ...........................................................

T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

240,381 60
/

$417,028 54

116

STATE BANKING DEPARTMENT.
No. 95.
SUPERIOR SAVINGS BANK, HANCOCK.
Organized April 17, 1890.
C.

A . W e ig h t , P r e s i d e n t ; J acob B a e r , V ice P r e s id e n t ; M . C . G e t c h e l l , C a sh ie r ;
J . 0 . J e f f e r y , 'A s s is i « « * C a s h ie r

.

D i r e c t o r s . — Jacob

Baer, C harles A. W right,

M.

C. Getchell, Jam es R. Cooper, A. R. Gray.

Report of
Jan. 22.

R eport of
March 28.

Report of
June 9.

Loans and disco u n ts.................................................

$417,689 87

$420,868 00

$426,458 35

$415,680 98

Bonds, mortgages and securities...........................

146,698 86

150,673 86

148,771 36

150,335 61

450 03

268 00

374 54

479 76

F urniture and fix tu res.............................................

4,915 86

4,915 80

4,915 86

4,915 86

Other real e s ta te ............. ................ .........................
Due from other banks and bankers (not reserved
cities) ........................................................................

48 70

48 70

48 70

1,961 20

44,689 76

52,235 42

58,275 83

59,394 90

900 00

850 00

1,000 00

58,068 68

59,927 40

57,958 53

50,918 20

Resources.

R eport of
Sept. 6.

Prem ium s paid on b o nds.........................................
O verdrafts...............................................................
Banking h o u se............................................................

Item s in tra n s it................................................. ..
United States b o n d s.................................................
Due from banks in reserve cities...........................
Exchanges for clearing house.................................
U. S. and N ational bank currency........................

31,788 00

32,705 00

42,878 00

46,273 00

Gold co in ...................................................................

9,610 00

8,865 00

10,410 00

7,565 00

Silver co in .............................................. .....................

4,953 75

4,429 35

3,771 45

1,918 20

Nickels and c e n ts......................................................
Checks, cash item s and internal revenue acc o u n t........................................................................

299 78

156 78

249 10

289 51

769 73

2,655 87

1,008 79

1,693 27

T o ta ls. , ...............................................................

$719,983 02

$738,649 24

$755,970 51

$748,425 49

Liabilities.
Capital stock paid i n ................................................

$50,000 00

$50,000 00

$50,000 00

$50,000 00

Surplus f u n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id .......................................................

20,000 00

20,000 00

20,000 00

20,000 00

12,653 17

15,286 16

14,678 13

14,962 03

Dividends u n p a id ......................................................

73 40

73 40

83 40

93 40

Commercial deposits subject to check..................

131,418 86

146,849 63

156,747 77

138,279 81

Commercial certificates of deposit.........................

720 01

162 01

31 00

Due to banks and b an k ers......................................

7,525 02

2,703 76

2,962 77

Certified checks..........................................................

100 00

1,549 53
160 00

Cashier’s checks o u tstan d in g ..................................
Savings deposits.........................................................
•*

Savings certificates of dep o sit................................

442,936 51

448,366 53

446,701 76

451,872 90

54,656 05

55,107 75

64,765 68

71,507 82

$719,983 02

$738,049 24

$755,970 51

$748,425 49

Notes and bills rediscounted...................................
Bills p ay ab le...............................................................
T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

117

STATE BANKS OF MICHIGAN.
SUPERIOR TRUST COMPANY, HANCOCK.
Organized July 21, 1902.
Ch as.

A.

W e i g h t , P r e s i d e n t ; J a c o b B a b r , V,ice P r e s i d e n t ;

M. C.

G e t c h e l l , Secretary.

D i r e c t o r s . — C.

A. W right, A. R. Gray, George Ruppe, R. R. Goodell, Jam es Chynow eth, Jam es
R. Cooper, G raham Pope, A. J. Scott, Jacob Baer, C harles B riggs, Jam es M acN aughfon,
E d g ar H. T ow ar. Allen F. Rees. L essing K arger, Jo h n D. C uddihy, Jo h n J. Case, W illiam
A. P aine, H a rry F. F ay, W illiam E. P a rn a ll, C harles II. H all.
■
Resources.

R eport of
Ja n . 22.

Collateral loans— tim e ..............................................

............

..........

$50,849 00

$48,604 00

$51,774 00

$48,936 00

77,380 00

78,430 00

77,730 00

77,730 00

55,382 64

55,382 64

55,382 64

62,855 14

1 50

1 50

R eport of
M arch 28.

R eport of | R eport of
Sept. 6.
Ju n e 9.

1

Collateral loans— d em an d .......................................
Loans on real estate m ortgages, in office . . . .
Loans on real estate mortgages, witli S tate
T reasu rer.................................................................
O ther lo&ns.................................................................
"Ronds— in office
Bonds— w ith S tate T reasurer................................

,

S to c k s......................................................................... ..
'
Real estate ow ned.....................................................
O ther in v estm en ts.....................................................
Advances to tr u s ts ....................................................
Prem ium s Paid

........................................

F urniture and fix tu res............. ..............................

580 23

580 23

580 23

410 23

Due from approved reserve a g en ts......................

1,084 02

1,087 40

1,092 31

1,095 64

Due from other banks and b a n k e rs......................

2,823 31

3,904 19

2,104 35

5,858 41

T o ta ls...................................................................

$188,099 20

$188,049 96

$188,665 03

$196,885 42

Liabilities.
Capital stock paid i n ................................................

Cash ite m s...................................................................
Nickels and cents. ..
Silver co in ...................................................................
Oold coin
IT. S. and National bank notes. .

$150,000 00

$150,000 00

$150,000 00

$150,000 00

Surplus f u n d ...............................................................
Undivided profits, less expenses, interest and
taxes p a id ...............................................................

30,000 00

30,000 00

30,000 00

30,000 00

6,455 20

6,684 90

7,459 03

8,187 42

Dividends u n p a id ............................. ».......................

444 00

165 00

6 00

498 00

T rust d ep o sits............................................................

1,200 00

1,200 00

1,200 00

8,200 00

T o ta ls...................................................................

$188,099 20

$188,049 96

$188,665 03

$198,885 42


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

118

STATE BANKING DEPARTMENT.
No. 254.
HURON COUNTY SAVINGS BANK, HARBOR BEACH.
Organized January 15, 1902.

M atthew

D.

W a gn er

, P resid en t ;

D i r e c t o r s .— M atthew

G eorge

J.

J e n k s , V ic e P r e s i d e n t ; H e n r y B in k l e , C ash ier.

D. W agner, George J. .Tenks, D ariu s M ihlethaler, P h ilip Binkle,
A lbert E. Sleeper.

Resources.

I
R eport of j B eport of
Jan. 22.
March 28.

I
R eport of ! R eport of
June 9. j Sept. 6.

__
Loans and disco u n ts.................................................

$75,709 01

$77,191 36

$81,514 48

Bonds, m ortgages and securities...........................

50,370 28

52,288 24

Sfi 318 94

j

$75,695 47
KQf,77 94

Prem ium s paid on b o n d s.........................................
O v erd rafts...................................................................

334 13

291 24

907 85

235 99

Banking h o u se............................................................

3,209 54

3,209 54

3,209 54

3,234 99

F urniture and fix tu res..............................................

2,000 00

2,000 00

2,000 00

2,000 00'

Other real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities) ........................................................................

767 62

750 12

517 56

517 56

Due from banks in reserve cities...........................

18,764 72

20,118 58

9,845 95

11,385 12

Exchanges.for clearing h ouse.................................

386 74

43 75

481 38

2,769 31

U. S. and N ational bank currency........................

8,324 00

4,132 00

4,043 00

2,801 00

Gold coin ............................................................... ■.

2,105 00

2,295 00

2,300 00

1,900 00

Silver co in ...................................................................

280 00

415 30

133 90

190 00

Nickels and c e n ts......................................................
Checks, cash item s and internal revenue ac­
count ........................................................................

17 08

57 84

34 17

65 55

Item s in tr a n s it..........................................................
United States b o n d s.................................................

T o ta ls.................................................................
Liabilities.
Capital stock paid i n ................................................
Surplus fu n d ..........................................v..............
Undivided profits, less current expenses, interest
and taxes p a id .....................................................

88 65

69 11

$102,357 97

$102,792 97

$161,375 18

$160,532 23

$30,000 00

$30,000 00

$30,000 00

$30,000 00

3,527 32

3,115 59

3,020 84

3,000 00

1,071 17

1,697 24

2,200 32

2,444 29

Dividends u n p a id .......................................
Commercial deposits subject to check.................

23,545 08

19,835 05

18,403 67

20,377 05

Commercial certificates of dep o sit................

85,525 89

87,115 48

89,949 14

87,989 39

300 97

786 84

18,387 54

20,242 77

17,789 21

16,720 90

Due to banks and b an k ers............................
Certified checks.......................................
Cashier’s checks o u tstan d in g ..................................
Savings dep o sits.........................................................
Savings certificates of dep o sit................................
Notes and bills rediscounted..................................

1,

Bills p ay ab le.................................
T o ta ls...........................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$182,357 97

1

8162,792 97

■

$161,375 18 1
1

$100,532 23

STATE BANKS OF MICHIGAN.

119

No. 50.
OCEANA COUNTY SAYINGS BANK, HART.
Organized October 31, 1887.
Geo.

It.

D i e e c t o e s .—

B a t e s , 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 ; D.
W . E . H o l l in s , A s s i s t a n t C ashier.

L. N. K eating, C. II.

J.

M a t h e w s , C ash ier;

George R. B ates, A. E. Motley, G. T. Sands, W. E.
Snyder, J. N. Cotton.

Ila c k le y ,

R eport of
Jan. 22.

Resources.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

Loans and disco u n ts.................................................

853,138 83

$143,939 25

$81,162 78

$77,690 76

Bonds, m ortgages and securities...........................

98,796 78

14,250 00

104,064 28

104,560 78

P r e m i u m s paid on b o n d s.........................................

O v erd rafts...................................................................

110 68

174 16

204 43

832 69

B anking h o u se............................................................

3,800 00

3,800 00

3.500 00

3,800 00

F u rn itu re and fix tu res.............................................

1,500 00

1,500 00

1.500 00

1,500 00

O ther real e s ta te .........................................- ............
Due from other banks and bankers (not reserve
cities) ........................................................................

600 00

600 00

600 00

600 00

Item s in tr a n s it..........................................................

2,579 01

34 43

272 19

1,557 63

33,061 25

42,745 91

13,061 45

7,696 37
3,901 00

178 27

United States b o n d s.................................................
Due from banks in reserve cities...........................
Exchanges for clearing house.................................
TT S. and N ational bank currency........................

7,569 00

12,976 00

10,364 00

Gold co in .....................................................................

1,513 50

568 50

361 00

666 CO

Silver c o in ...................................................................

2,970 00

2,492 00

2,959 00

2,719 00

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue acc o u n t.........................................................................

103 46

80 26

67 49

46 32

1,890 56

2,327 58

3,027 70

791 08

T o ta ls..................................... .............................

$207,817 34

$225,494 09 .

$222,044 32

$206,367 63

Liabilities.
Capital stock paid i n ................................................

$40,000 00

$40,000 00

$40,000 00

$40,000 00

8,000 00

8,000 00

8,000 00

8,000 00

223 60

1,248 24

2,701 16

2,955 49

Commercial deposits subject to check .................

35,842 24

38,708 52

28,044 12

24,945 37

Commercial certificates of dep o sit........................

47,832 96

52,984 82

53,865 14

43,068 07

2,687 22

321 33

209 08

81,865 29

89,112 57

84,188 62

Surplus f u n d ...............................................................
Undivided profits, less ctirrent expenses, interest
and taxes p a id .......................................................

i

Dividends u n p a id ......................................................

Due to banks and b an k ers......................................
Certified checks..........................................................
Cashier’s checks o u tstan d in g ..................................
Savings dep o sits.........................................................

70,885 54

Savings certificates of dep o sit................................
Notes and bills rediscounted............. .....................

5,000 00
3,000 00

Bills p ay ab le...............................................................

T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$207.817 34

$226.494 09
I

$222.044 32 1
•1

$206.367 63

120

S T A T E B A N K IN G D E P A R T M E N T .

No. 11.
HASTINGS CITY BANK, HASTINGS.
Organized October 26, 1886.
Chester

M e s s e r , P resid en t;

D i r e c t o r s . — C h ester

R. B.

M e s s e r , V ice P r e s i d e n t ;

A. A.

A n d e r s o n , C ashier.

M esser, D. S. Goodyear, Luke W aters, R. B. Messer, M. L. Cook, R. T.
F rench, A. A. Anderson.

Resources.

! Report of
! Jan. 22.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

Loans and disco u n ts.................................................

$175,577 34

$202,323 48

$202,601 01

$212,911 75

Bonds, m ortgages and securities...........................

84,725 20

81,405 20

88,765 20

89,566 20

Prem ium s paid on b o nds.........................................
O v erd rafts...................................................................

2,882 03

1,282 82

801 83

1,438 20

B anking ho u se............................................................

13,000 00

13,000 00

13,000 00

13,000 00

F urniture and fix tu res..............................................

2.500 00

2.500 00

2.500 00

2.500 00

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities) ........................................................................

5.500 00

5.500 00

5.500 00

5.500 00
/

44,013 33

43,524 56

37,489 24

12,352 78

Item s in tr a n s it..........................................................
United States b o n d s.................................................
Due from banks in reserve cities.............. '...........
Exchanges for clearing house.................................
U. S. and N ational bank currency........................
Gold co in ...................................................................
Silver co in .............................................................
Nickels and cents .......................................................
Checks, cash items and internal revenue ac­
count ......................................

T o ta ls......................................................

10,212 00

9,335 00

9,934 00

4,634 00

5,435 00

5,075 00

5,722 50

5,765 00

800 00

1,100 00

1,200 00

1,600 00

78 38

36 95

22 10

100 12

238 36

261 80

1,952 25

859 20

$345,051 67

$350,257 25

1
Liabilities.
Capital stock paid i n ......................................

.
$75,000 00

$75,000 00

875,000 00

$75,000 00

20,000 00

20,000 00

20,000 00

20,000 00

2,536 81

3,095 97

3,904 36

4,911 64

72 00

72 00

Commercial deposits subject to check..................

60,818 81

66,054 83

70,209 68

49,147 68

Commercial certificates of d ep o sit.........................

61,909 49

68,221 07

60,124 08

Surplus fu n d ............................................
Undivided profits, less current expenses, interest
and taxes p a id ......................................
Dividends u n p a id ...................................

Due to banks and b an k ers.......................

529 96

Certified checks...................................'..............
Cashier’s checks o u tsta n d in g ........................
Savings d ep o sits............................................

124,654 50

135,900 94

140,190 01

Savings certificates of deposit................................

144,789 48
55,878 49

Notes and bills rediscounted..............................
Bills p ay ab le..............................................
T o ta ls..............................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$345,051 67

$368,344 81

$369,488 13

$350,257 25

121

STATE BANKS OF MICHIGAN.
No. 260.
FIRST STATE SAVINGS BANK OF HILLSDALE, HILLSDALE.
Organized February 18, 1902.
F.

a.

R oeth lisberg k b , P r e s i d e n t ; Con v is M. B arre , V i c e P r e s i d e n t ; P aul W. C h a se , C a s h i e r ;
E. M. L a s h , A s s i s t a n t C a s h i e r .

D irwctors.— F. A. R oethlisberger, Corvis M. B arre, Edw. F re n sd o rf, Wm. N. Benge, Guy M
C hester, F red H. Stone, M. S. Segur.

Resources.

R eport of
Jan. 22.

Report of
March 28.

R eport of
June 9.

Report of
Sept. 6.

.
Loans and disco u n ts.................................................

$101,805 48

$172,377 44

$105,078 38

$178,749 30

Ronds mortgages and securities...........................

52,524 70

51,087 CO

51,305 44

55,820 44

Prem ium s paid on b o n d s........... •............................
O v erd rafts...................................................................

819 20

182 27

1,000 31

518 68

Banking h o u se............................................................

5,358 .00

5,350 00

5,356 00

5,356 00

F u rn itu re and fix tu res..............................................

2,931 91

2,931 91

2,931 91

2,931 91

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities)
.............................................

3,092 07

.............

30,292 44

45,459 31

33,391 10

22,357 13

United S tates bonds
Due from banks in reserve cities...........................
Uy changes for clearing h o u se .. .
U. S. and National bank cu rren cy ........................

7,453 00

9,457 00

9,824 00

8,156 00

Gold co in ......................................................................

7,380 00

7,150 00

7,635 00

7,000 00

Silver c o in ....................................................................

1,050 45

1,580 70

1,729 90

1,432 80

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue ac­
count .......................................................................

58 40

32 94'

62 50

95 12

190 19

310 17

5,053 67

1,303 25

T o ta ls...................................................................

$279,013 84

$295,925 34

$283,428 27

$283,770 63

Liabilities.
Capital stock paid i n ................................................

$50,000 00

$50,000 00

$50,000 00

$50,000 00

Surplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id ........................................................

5,000 00

5,000 00

5.000 00

5,000 00

2,277 29

3,527 95

5.001 23

6,425 08

Dividends u n p a id .......................................................

30 00

Commercial deposits subject to check..................

79,255 50

99,374 82

63,535 62

60,503 14

Commercial certificates of d ep o sit.........................
Due to banks and b an k ers......................................
Certified c h e c k s....
Cashier's checks outstanding f
Savings d ep o sits.........................................................
Savings certificates of d ep o sit................................

16,555 73

17,212 48

18,273 10

18,941 29

126,495 32

120,810 09

141,618 32

142,901 12

$279,613 84

$295,925 34

$283,428 27

Notes and bills rediscounted........................
Bills p a y ab le..

T o ta ls...................................................................

16

https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$283,770 63

_______

STATE BANKING DEPARTMENT.

122

No. 78.
HILLSDALE SAVINGS BANK, HILLSDALE.
Organized July 30, 1884.
Chauncey

F.

D i r e c t o r s . — J.

;

C ook, P resid en t
II.
C a s h ie r ; L . I).

S.

W a l w o r t h , V ice P r e s i d e n t ; A s h e r
W a l w o r t h , A s s i s t a n t Cashier.

B.

La

F luer,

T. Grume, J. F. King, C. F. Cook, H. S. W alw orth, A sher B. L a Fluer.

Resources.

I R eport of
j Jan. 22.

R eport of
March 28.

Report of
June 9.

R eport of
Sept. 6.

Loans and d iscounts.................................................

$257,400 03

$280,920 56

8287,606 90

$292,S39 IS

Bonds, mortgages and securities............................

100,443 21

151,873 21

148,S36 31

145,530 31

4,409 82

585 04

900 45

897 46

F urn itu re and fix tu res..............................................

2,000 00

2,000 00

2,000 00

2,000 00

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
c ities).................................... j ..................................

5,500 00

5,500 00

5,500 00

5,500 00

Prem ium s paid on b o n d s.........................................
O v erd rafts...................................................................
Banking h o u se............................................................

*

Item s in tr a n s it..........................................................
U nited States b o n d s.................................................
Due from banks in reserve cities...........................

53,552 06

57,313 20

80,052 13

65,296 21

Exchanges for clearing h o u se.................................
IT. S. and National bank currency ........................

12,895 00

10,343 00

23,889 00

8,115 00'

Gold co in ......................................................................

10,775 00

11,520 00

10,987 50

11,220 00

Silver co in ....................................................................

908 60

382 10

981 90

1,015 15

Nickels and c e n ts ... .
Checks, cash item s and internal revenue ac­
count ..........................................................

300 15

325 01

270 55

239 16

3,881 80

1,786 82

1,236 59

396 04

$518,126 27

8522,548 94

$562,261 34

8534,054 51

$00,000 00

$00,000 00

$60,000 00

$60,000 00

20,000 00

20,000 00

20,000 00

20,000 00

9,730 27

12,353 82

14,585 91

12,523 15

53,322 45

41,200 33

68,807 05

36,179 35

T o ta ls..........................................
Liabilities.
Capital stock paid i n ..............................................
Surplus fu n d ............ '......................
Undivided profits, less current expenses, interest
and taxes p a id ...................................................
Dividends u n p a id ............................................
Commercial deposits subject to check .................
Commercial certificates of d ep o sit..................
Due to banks and b an k ers..................................
Certified checks..............................
Cashier’s checks o u tstan d in g ..................................
Savings dep o sits..........................................

108,815 23

113,770 95

118,778 03

122,204 06

Savings certificates of deposit............................

206,252 32

275,217 84

280,039 75

283,147 95

$518,120 27

$522,548 94

$562,261 34

$534,054 51

Notes and bills rediscounted..............................
Bills p ay ab le......................................

T o ta ls......................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

123

STATE BANKS OF MICHIGAN.
No. 56.
FIRST STATE BANK OF HOLLAND, HOLLAND.
Organized December 16, 1889.
G e r iiit

J.

D i e k e m a , P r e s i d e n t ; .J o h n
H e n r y J.

D i r e c t o r s .— J.

W.

B e a r d s e e e , V ice P r e s i d e n t ;
L u id e n s , A s s i s t a n t Cashier.

G. W.

M o k m a , C ash ier;

W. P.eardslee, G. J. Ixollen, G. W. Mokma, G. .T. Diekem a, I. M arsilje, H enry
K rem ers, J a n W. Bosnian, J. W. G arvelink, Wm. J. G arrod.
R eport of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

Loans and disco u n ts.....................

$510,290 19

$467,001 48

$527,434 59

$515,940 72

Bonds, m ortgages and securities.

304,576 30

313,549 80

306 140 16

316,598 73

Resources.

R eport of
Sept. 6.

Prem ium s paid on b o n d s.............
O v erd rafts........................................

849 82

837 90

962 08

1,250 87

Banking h o u se................................

10,700 00

10,700 00

10,700 00

10,700 00

F u rn itu re and fix tu res..................

4,930 00

4,030 00

4,930 00

4,930 00

12,476 45

27,961 66

13,806 44

13,892 13

168,216 34

154,926 29

84,573 05

O ther real e s ta te .......................................................
Due from other banks and bankers (not reserve
cities)........................................................................
Item s in tra n s it................................
United States b o n d s........................
Due from banks in reserve cities..

3,115 00

Exchanges for clearing house........

99,477 84
7,02.0 50

U. S. and N ational bank currency

22,583 00

31,518 00

24,370 00

36,218 00

Gold co in ....... ....................................

23,950 00

27,938 85

25,737 50

30,292 50

Silver co in ...........................................

3,454 70

6,663 50

4,646 40

575 20

214 58

374 81

487 91

614 69

2,180 51

776 43

2,117 23

$1,033,216 69

$1,051,537 57

$1,004,451 46

$1,043,251 78

$50,000 00

$50,000 00

$50,000 00

$50,000 00

15,000 00

15,000 00

15,000 00

15,000 00

961 16

5,362 00

8,346 62

7,144 62

Nickels and c e n ts..................................................
Checks, cash item s and internal revenue ac­
count ....................................................................
T o ta ls.
‘Liabilities.
Capital stock paid i n ..............
Surplus f u n d ...........................................................
Undivided profits, less current expenses, interest
and taxes p a id ..................................................

4.415 35 •

Dividends u n p a id .....................................
Commercial deposits subject to check.

202,337 52

169,457 82

134,953 60

149,674 52

Commercial certificates of dep o sit.......

286,365 83

299,366 55

294,356 77

300,093 11

507,152 18

512,351 20

501,794 47

520,739 53

$1,063,216 69

$1,051,537 57

$1,004,451 46

$1,043,251 78

Due to banks and b an k ers.....................
Certified checks...................................

1,400 00

Cashier’s checks o u tstan d in g ................
Savings dep o sits.......................................
Savings certificates of dep o sit............. .
Notes and bills,rediscounted.................
Bills p ay ab le............................................ .

T o ta ls.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

124

STATE BANKING DEPARTMENT.
'

%|

No. 91.
HOLLAND CITY STATE BANK, HOLLAND.
Organized January 30, 1890.
D.

B.

K.

V ax

D i r e c t o r s . — 0.

R a a l t e , P r e s i d e n t ; A d iu a x V a n P u t t e n , V i c e P r e s i d e n t ;
C a s h ie r ; O t t o P . K r a m e r , A s s i s t a n t C ash ier.

C.

V er

Schure,

Ver Schure, A. Van P u tte n , M. Van P u tte n , W illiam H . Beach, P. II. M c­
B ride, D. B. K. Van R aalte, O tto P. K ram er.
Resources.

R eport of
Jan. 22.

R eport of
March 28.

R eport of
Ju n e 9.

R eport of
Sept. 6.

Loans and disco u n ts.................................................

$340,377 51

$344.779 19

$344,738 17

$376 593 69

Bonds mortgages and securities...........................

150,002 75

152,241 75

153,255 75

166,063 00

Prem ium s paid on b o n d s .......................................
O v erd ra fts...................................................................

2,696 31

4,217 67

Banking h ouse............................................................

22,000 00

22.000 00

628 31
22,000 00

22,000 00

F urniture and fixtures..............................................

5,188 00

5,188 00

5,188 00

5,188 00

99 33

1,010 62

224 74

1,891 14

68,576 06

51,130 34

67,961 63

57,097 63

046 00

O th er real e s ta te .......................................................
Due from oilier banks and bankers (not reserve
cities) ........................................................................
Item s in tr a n s it..........................................................
United S tates.b o n d s..................................................
Due from banks in reserve cities...........................
Exchanges for clearing h ouse.................................
U. S. and N ational bank currency........................

18,765 00

9,785 00

23,394 00

16,538 00

■Gold co in .....................................................................

18,805 00

17,082 80

20,060 00

17,865 00

Silver co in ............................................ : .....................

3,728 10

3,787 95

5,398 15

10,596 80

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue ac­
count .........................................................................

371 17

481 42

303 82

070 99

3,238 86

331 11

1,125 89

4,871 75

T o ta ls...................................................................

$631,848 09

$611,975 85

$647,279 48

$679,992 00

Liabilities.
C apital stock paid i n ................................................

$50,000 00

$50,000 00

$50,000 00

$50,000 00

14,000 00

14,000 00

14,000 00

15,000 00

4,214 01

7,095 80

10,013 71

6,271 11

S urplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id ........................................................
Dividends u n p a id ......................................................
Commercial deposits subject to check.................

111,280 10

79,437 61

96,930 30

116,209 32

Commercial certificates of d ep o sit.........................

206,248 67

213,116 41

217,438 45

214,462 74

115 13

104 32

101 85

78 27

245,990 18

248,221 71

258,795 15

.277,970 56

$631,848 09

$611,975 85

$647,279 46

$679,992 00

Due to banks and b an k ers......................................
Certified checks..................................................
Cashier’s checks o u tstan d in g ..................................
Savings dep o sits.........................................................
Savings certificates of dep o sit................................
Notes and bills re d isc o u n te d .,...............................
Bills p ay ab le.............................................................
T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

125

STATE BANKS OF MICHIGAN.
No. 262.
CITIZEN’S SAVINGS BANK OF HOLLY, HOLLY.
Organized July 17, 1902.
A.

IT. S h e p a r d , P r e s i d e n t ;

D i r e c t o r s . — A.

J ohn

W.

P a t t e r s o n , V ice P r e s i d e n t ;

C.

J.

C u m m in g s , C ashier.

II. Shepard, Jo h n W. P a tte rso n , II. M. Church, Jo h n Lane, Jam es S. M itchell.
Resources.

R eport of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

Loans and d iscounts.................................................

$18,623 68

$23,565 61

$24,358 35

$29,582 50

Bonds, m ortgages and securities...........................

34,664 65

33,633 30

33,538 80

35,787 08

Prem ium s paid on b o nds.........................................
O v e rd ra fts... . T.......................................................

45 03

26 53

252 68

Banking h o u se............................................................

2,604 58

2,604 58

2,604 58

2,604 58

F urn itu re and fix tu res..............................................

2,539 60

2,539 60

2,539 00

2,539 60

Expenses, taxes, interest, e tc ................................

634 42

467 10

260 50

169 11

.............

Other real e s ta te ...........
................................
Due from other banks and bankers (not reserve
cities) ........................................................................

370 44

861 40

Item s in tra n s it..........................................................

663 42

1,157 39

8,391 38

3,293 22

2,492 33

6,497 83

11,770 09

13,210 26
3,197 00

United States b o n d s.................................................
Due from banks in reserve cities...........................
Exchanges for clearing house.................................
U. S. and N ational bank currency........................

2,038 00

2,222 00

3,048 00

Gold c o in .....................................................................

600 00

580 00

600 00

050 00

Silver co in ....................................................................

846 10

656 35

540 85

618 55

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue ac­
count ........................................................................

80 31

39 43

36 18

115 36

T o ta ls...................................................................

$72,101 61

$74,824 59

$82,616 76

$91,219 05

Liabilities.
Capital stock paid i n ................................................

$20,000 00

$20,000 00

$20,000 00

$20,000 00

8,208 70

7,916 11

Surplus fu n d ..
Undivided profits, less current expenses, interest
and taxes p a id .....................
. ( ...................

Dividends u n p a id .........
Commercial deposits subject to check..................

10,646 52

11,784 12

Commercial certificates of deposit.........................
Due to banks and b an k ers......................................
100 00

Certified checks...........
Cashier’s checks o u tstan d in g ..................................
Savings dep o sits.........................................................

37,293 51

35,595 75

41,553 31

47,028 11

Savings certificates of deposit................................

6,539 40

11,312 73

10,310 93

12,406 82

$72,101 61

$74,824 59

$82,616 76

$91,219 05

Notes and bills rediscounted...............
Bills p ay ab le. . .

T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

STATE BANKING DEPARTMENT.

126

No. 106.
FIRST STATE AND SAYINGS BANK, HOLLY.
Organized October 27, 1890.
J a m b s C . S im o n s o n , P r e s i d e n t ; I I e n u y
C h a r l e s A . W il s o n , C ash ier; E m m a
D i r e c t o r s .— C h a r l e s

A.

W ilson,

D. D.

H a d le y .

H.

W. D o w n i n g , V i c e P r e s i d e n t ;
S a r g e n t , A s s i s t a n t C ashier.
W.

W alls, E li B ird.

Resources.

R eport of
Jan. 22.

Downing, J.

C.

R eport of
March 28.

Sim onson, W illiam S.
R eport of
June 9.

D eport of
Sept. 6.

I

Ronds mort.gngps and securities...........................

$75,341 28

$78,280 47

$86,353 84

$98,179 68

147,304 25

150,029 25

152,579 25

160,782 00

Prem ium s paid on b o nds............................ ............
O v erd rafts...................................................................

441 86

821 25

276 50

323 50

Banking h ouse............................................................

3,500 00

3,500 00

3,500 00

3,500 00

F urniture and fix tu res..............................................

1,000 00

1,000 00

1,000 00

1,000 00

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities) ........................................................................

4,000 00

4.000 00

4,000 00

4,000 00

3,823 76

877 00

Item s in tra n s it..........................................................
United States b o n d s.................................................

5,600 00

5,600 00

5,600 00

5,600 00

Due from banks in reserve cities...........................

76,271 63

94,733 46

96,482 36

76,334 11

Exchanges for clearing h ouse.................................
IT. S. and National bank currency........................

13,004 00

7,808 00

10.365 00

10.0S8 00

Gold co in ......................................................................

3,620 00

3,770 00

4.365 00

4,790 00

Silver co in ..................................................................

834 00

854 20

800 75

1,135 00

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue ac­
count ............................ i .........................................

84 22

107 03

95 04

129 83

43 24

87 22

51 25

114 21

T o ta ls...................................................................

$334,868 24

$351,467 88

$365,469 59

$365,976 33

Liabilities.
C apital stock paid i n ................................................

$30,000 00

$30,000 00

$30,000 00

$30,000 00

10,000 00

10,000 00

10,000 00

10,000 00

12,031 28

14,233 81

15,103 34

15,127 75

Surplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id .......................................................
Dividends u n p a id ......................................................

110 00

Commercial deposits subject to check..................

44,041 37

50,625 60

55,082 40

49,522 84

Commercial certificates of deposit.........................

9,473 10

10,638 69

12,633 78

10,756 67

364 90

168 01

250,401 06

Due to banks and b an k ers......................................
Certified checks..........................................................
Cashier’s checks o u tstan d in g ..................................
Savings d ep o sit...........................................................

229,212 49

235,969 78

242,285 17

$334,868 24

$351,467 88

$365,469 59

Savings certificate of dep o sit.................... ............
Notes and bills rediscounted...................................
Bills payable .............................................................
T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

j

$365,976 33

STATE BANKS OF MICHIGAN.

127

No. 255.
CALHOUN STATE BANK, HOMER.
Organized January 27, 1902.
E. J.

F e l l o w s , P r e s id e n t ; W il l ia m

D i r e c t o r s .— E.

A.

L a n e , V ice P r e s i d e n t ;

R. D.

G a r d n e r , C ashier.

J. Fellow s, W illiam A. Lane, M. C. Fellow s, M. J. Nix, R. E. Goodrich.
R eport of
Jan. 22.

Resources.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

Loans and disco u n ts.................................................

$80,596 84

$73,104 5S

$79,473 08

$82,675 10

Bonds, mortgages and securities...........................

20,590 89

29,790 89

33,558 65

31,073 15

Prem ium s paid on b o n d s.........................................

300 00

300 00

300 00

300 00

O v erd rafts...................................................................

751 43

1,113 24

816 30

583 48

Banking ho u se............................................................

3,500 00

3,500 00

3,500 00

3,500 00

F urniture and fix tures..............................................

1,000 00

1,000 00

1,000 00

1,000 00

13,509 81

20,319 64

24,835 26

16,498 79

O ther real e s ta te .......................................................
Due from other banks and bankers (not reserve
cities)........................................................................
Item s in tra n s it...................................

...............

U nited S tates b o n d s..................................................
Due from banks in reserve cities...........................
Exchanges for clearing house.................................

272 03

U. S. and N ational bank currency........................

3,987 00

4,357 00

4,660 00

2,672 00

Gold co in ............................................ .........................

3,225 00

3,470 00

3,835 00

4,410 00

Silver co in ....................................................................

572 60

841 35

917 90

957 90

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue ac­
count .........................................................................

133 79

111 S9

104 99

126 21

82 38

68 41

346 65

141 54

T o ta ls................ '..................................................

$134,249 74

$138,249 03

$153,347 83

$143,938 17

Liabilities.
Capital stock paid i n ................................................

$20,000 00

$20,000 00

$20,000 00

$20,000 00

500 00

500 00

500 00

500 00

738 32

874 97

1,129 51

1,476 40

Commercial deposits subject to cljeck..................

30,547 30

40,659 85

36,977 33

29,910 84

Commercial certificates of deposit.........................

70,464 12

76,214 81

94,740 99

92,050 93

$138,249 63

$153,347 83

$143,938 17

S urplus fu n d .............................................................
U ndivided profits, less current expenses, interest
and taxes p a id .......................................................
Dividends u n p a id ......................................................

Due to banks and b an k ers......................................
■Certified checks..........................................................
Cashier’s checks o u tstan d in g ..................................
Savings deposits.........................................................
Savings certificates of dep o sit................................
Notes and bills rediscounted..................................
Bills p ay ab le...............................................................

T o ta ls...........................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

.............
$134,249 74

STATE BANKING DEPARTMENT.

128

No. 109.
FIRST STATE AND SAVINGS BANK, HOWELL.
Organized January 12, 1891.
W . P . V a n W i n k l e , P r e s i d e n t ; A s a V a n Iv l e e c k , V i c e P r e s i d e n t ; A l b e r t L . S m i t h , C a s h i e r ;
L u t h e r I I. M a n n i n g , 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.

P. V an W inkle, Asa Van Kleeck. S. B. H ubert, Jo h n Ryan, C harles A.
Goodnoiv, Geo. B arnes, W. W. K napp.
Report of
Jan. 22.

Resources.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

"Loans and discounts ...............................................

$74,404 35

$69,458 52

$62,396 60

$50,170 12

Ronds, m ortgages and securities...........................

45,198 72

61,747 50

70,504 75

66,949 95

Prem ium s paid on b o n d s.........................................
O v erd rafts...................................................................

649 64

37 76

73 72

130 15

Banking h o u se............................................................

4,439 32

4,439 32

4,439 32

4,439 32

F urniture and fix tu res..............................................

1,735 41

2,050 41

2,050 41

2,050 41

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities)........................................................................

2,000 00

2,000 00

2,000 00

2,000 00

Item s in tr a n s it..........................................................

2,364 17

3,720 10

2,020 78

U nited States b o n d s.................................................

3,000 00

3,000 00

3.000 00

3,000 00

21,060 71

24,030 61

, 14,440 53

22,047 61

Due from banks in reserve c itie s ..

...................

Exchanges for clearing h o u se .................................
U. S. and National bank cu rren cy ........................

11,043 00

13,601 00

11,702 00

11,598 00

Gold co in .............................................. .......................

6,475 00

5,460 00

2,800 00

2,975 00

Silver co in ....................................................................

2,826 10

3,364 30

2,955 90

2,289 65

Nickels and c e n ts.......................................................
Checks, cash items and internal revenue ac­
count .........................................................................

369 90

385 84

419 15

428 21

430 39

180 47

147 88

292 63

T o ta ls...................................................................

$175,996 71

$189,813 73

$180,650 36

$170,391 83

Inabilities.
Capital stock paid i n ................................................

$40,400 00

$40,400 00

$40,400 00

$40,400 00

1,400 00

1,400 00

1,400 00

1,400 00

2,291 92

2,813 40

3,115 23

3,226 91

Commercial deposits subject to check..................

57,394 13

57;004 83

45,247 01

38,904 51

Commercial certificates of dep o sit.........................

50 24

50 24

50 24

50 24

Cashier’s checks o u tstan d in g ..................................

542 40

60 00

60 00

60 00

Savings d ep o sits.........................................................

16,564 05

20,483 28

19,587 92

16,230 63

Savings certificates of d ep o sit................................

57,353 97

67,601 98

70,789 96

68,494 54

Surplus f u n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id ........................................................
Dividends u n p a id ......................................................

Due to banks and b an k ers......................................
Certified checks..........................................................

1,625 00

Notes and bills rediscounted...................................
Bills p ay ab le.........................................................
•
T o ta ls.......................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$175,996 71

$189,813 73

$180,650 36

$170,391 83

STATE BANKS OF MICHIGAN.

129

No. 140.
BOIES’ STATE SAVINGS BANK, HUDSON.
Organized August 27, 1892.
Steph en

A.

E a to n , P resid en t;

D. J.

B e a c h b o a e d , V ice P r e s i d e n t ; B y r o n

J.

F o s t e r , C ash ier.

D ir e c t o r s .— S tephen A. E aton, Jam es B. T horn, D avid J. Beachboard, H. V. C. H a rt, E . J .

S outhw orth, B yron J. F oster, E dw ard F ren sd o rf.

Resources.

R eport of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

Loans and discounts.................................................

$191,254 36

S I89! 94K 07

$179,064 25

Bonds, m ortgages and securities...........................

210,898 95

208,502 65

202,427 65

194,840 44

Prem ium s paid on b o n d s.........................................

736 25

736 25

736 25

471 25

O v erd rafts...................................................................

1,286 44

2,058 37

1,995 01

2,857 61

B anking h o u se............................................................

7,000 00

7,000 00

7,000 00

7,000 00

F u rn itu re and fix tures.............................................

3,052 71

3,052 71

3,210 21

3,210 21

Other real e s ta te .......................................................
Due from other banks and bankers (not reserve
cities)........................................................................

52 64

52 64
512 45

105 30

Item s in tr a n s it..........................................................

1,429 56

142 47

42,861 86

54,636 60

39,085 47

58,445 75

U. S. and National bank currency .........................

13,993 00

15,615 00

15,744 00

7,519 00

Gold co in .....................................................................

9,199 00

9,159 00

9,259 00

8,239 00

Silver co in ....................................................................

925 60

1,396 65

1,559 90

1,134 75

Nickels and c e n ts......................................................
Checks, cash item s and internal revenue ac­
count ........................................................................

398 25

355 59

302 96

364 82

296 10

25 26

66 20

26 70

T o ta ls...................................................................

$483,384 72

$489,497 44

$464,144 47

$463,279 08

Liabilities.
Capital stock paid i n ................................................

$75,000 00

$75,000 00

$75,000 00

$75,000 00

15,000 00

15,000 00

15,000 00

15,000 00

15,121 62

20,387 16

19,741 19

22,335 08

SIRS 764

1

United States b o n d s.................................................
Due from banks in reserve cities...........................
Exchanges for clearing house................................

Surplus fu n d ...............................................................
U ndivided profits, less current expenses, interest
and taxes p a id ........................................................
Dividends u n p a id ......................................................

70 00

Commercial deposits subject to check..................

41,303 88

40,659 64

39,968 14

31,359 53

Commercial certificates of dep o sit........................

2,312 71

2,195 85

1,459 33

2,305 22

334,576 51

336,254 79

312,975 81

317,279 25

$483,384 72

$489,497 44

$464,144 47

$463,279 08

Due to banks and b an k ers......................................
Certified checks..........................................................
Cashier’s checks o u tstan d in g ..................................
Savings dep o sits........................................................
Savings certificates of dep o sit................................
Notes and bills rediscounted..................................
Bills p ay ab le...............................................................

T o ta ls...................................................................

17


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

130

STATE BANKING DEPARTMENT.
No. 143.
THOMPSON SAVINGS BANK, HUDSON.
Organized October 22, 1892.

W.

B.

T h o m p s o n , P resid en t ; G.

D i r e c t o r s .—

I.

T h o m p s o n , V ice P r e s i d e n t ; C h a r l e s C. W h it n e y , C ashier.

W illiam B. T hom pson, F re d S . Vedder, R. W. T hom pson, G. I. Thom pson,
C harles C. W hitney.
Resources.

R eport of
Ja n . 22.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

Loans and discounts.................................................

$269,634 77

$273,779 41

$255,980 58

$244,561 43

Tionds, m ortgages and securities...........................

433,352 49

438,992 74

436,232 27

439,825 85

Prem ium s paid on b o n d s........... * ...........................
O v erd rafts................ ..................................................

1,291 71

1,554 00

1,836 40

2,019 16

B anking h o u se............................................................

7,500 00

7,500 00

7,500 00

7,500 00

F u rn itu re and fix tu res.............................................

5,700 00

5,700 00

5,700 00

5 600 00

1,411 22

105 00

6,223 88

1,680 47

U nited States b o n d s.................................................

60,700 00

60,700 00

60,700 00

60,700 00

Due from banks in reserve cities...........................

66,637 78

63,783 82

66,956 69

66,795 04

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities)........................................................................
Ttems in tr a n s it..........................................................

6 19

Exchanges for clearing h o u se.................................
U. S. and N ational bank currency........................

27,245 00

27,497 00

21,073 00

26,271 00

Gold co in .....................................................................

6,165 00

7,425 00

9,395 00

10,000 00

Silver co in ....................................................................

2,311 95

2,910 50

1.896 40

748 60

Nickels and c e n ts.......................................................
¿h eck s, cash item s and internal revenue ac­
count .........................................................................

153 82

223 76

207 70

265 52

592 34

413 82

458 67

263 02

T o ta ls...................................................................

$882,696 08

$890,585 05

$874,160 59

Liabilities.
Capital stock paid i n ................................................

$100,000 00

$S66,236 28

$100,000 00

$100,000 00

20,000 00

20,000 00

20,000 00

20 000 00

3,868 18

11,825 82

11,754 55

- 5,671 21

Commercial deposits subject to check..................

75,118 98

75,122 22

79,912 84

67,835 20

Commercial certificates of dep o sit........................

1,578 49

2,899 93

3,729 11

2,244 29

670,485 58

Surplus fu n d ...............................................................
U ndivided profits, less current expenses, interest
and taxes p a id .......................................................

$100,000 00

Dividends u n p a id ......................................................

662 93

Due to banks and b an k ers......................................
Certified checks..........................................................
Cashier’s checks o u tstan ding..................................
Savings deposits.........................................................

682,130 43

680,074 15

658,764 09

$882,696 08

$890,585 05

$874,160 59

Savings certificates of d eposit................................
Notes and bills rediscounted..................................
Bills p ay ab le...............................................................
T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$866,236 28
1

STATE BANKS OF MICHIGAN.

131

■No. 24
LAPEER COUNTY BANK, IMLAY CITY.
Organized January 26, 1886.
J ohn

B orla nd , P residen t;

D i r e c t o r s .— Jo h n

W a l t e r W a l k e r , V ice P r e s id e n t ; J o h n
W il l B o r l a n d , A s s i s t a n t C ashier.

B o r l a n d , J r .,

C ash ier;

B orland, W alter W alker. Jno. B orland, J r., W ill B orland, E dw ard
P alm er.

Resources.

R eport of
Ja n . 22.

R eport of
March 28.
-

R eport of
Ju n e 9.

E.

R eport of
Sept. 6.

Loans find disco u nts.................................................

$131,085 83

$140,413 36

$145,375 43

$153,390 26

Ronds m ortgages and securities...........................

210,495 38

214,389 63

224,027 53

222,317 20

Prem ium s paid on b o n d s.........................................
O v e rd ra fts................ ..................................................

542 51

650 01

1,693 12

175 77

R anking h o u se............................................................

4,900 00

4,900 00

4,900 00

4.900 00

F u rn itu re and fix tures..............................................

1,917 38

1,917 38

1,917 38

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities)..............., , .....................................................

1.900 00
2,731 37

Item s in tr a n s it..........................................................

42 00

1,500 00
52,624 36

United S tates b o n d s.................................................
D ue from -hanks in reserve cities...........................

56,304 24

59,875 00

50,679 81

Exchanges for clearing h o u se.................................
TT S and National bank currency ........................

15,169 00

13,848 00

12,959 00

8,697 00

Oold co in .....................................................................

355 00

295 00

1,035 00

2,045 00

Silver co in ....................................................................

1,261 00

925 00

1,400 00

1,550 00

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue acc o u n t.........................................................................

80 78

42 01

54 98

34 46

4,069 49

1,743 82

1,425 99

379 40

T o ta ls...................................................................

$426,180 61

$438,999 21

$445,510 24

$452,244 82

Liabilities.
Capital stock paid i n ................................................

$50,000 00

$50,000 00

$50,000 00

$50,000 00

10,000 00

10,000 00

10,000 00

10,000 00

2,630 74

7,502 33

7,662 94

3,055 70

Commercial deposits subject to check.................

34,060 40

39,616 72

34,032 95

32,520 36

Commercial certificates of dep o sit........................

1,997 86

1,114 39

1,191 36

2,419 07

Savings deposits.........................................................

268,313 33

264,004 71

281,431 53

284,733 97

Savings certificates of deposit................................

59,178 28

66,761 06

61,191 46

69,515 72

$445.510 24
... ■

$452.244 82

Surplus f u n d ...............................................................
U ndivided profits, less current expenses, interest
and taxes p a id .......................................................
Dividends u n p a id ......................................................

"Due to hanks and b an k ers......................................
Certified checks..........................................................
Cashier’s checks o u tstan d in g ..................................

Nof.es and hills rediscounted..................................
Rills p ay ab le...............................................................

T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$426,180 61

$438.999 21
.
. r

STATE BANKING DEPARTMENT.

132

No. 58.
*IONIA COUNTY SAYINGS BANK, IONIA.
Organized January 4, 1886.
H. R.

W agar,

D i r e c t o r s . — H.

P residen t:

J o h n G r e e n o p , V ice P r e s i d e n t ;
W . H . B u r l e t s o n , A s s i s t a n t C ashier.

A. S.

R. W agar, Chauncey J . Rumsey. Allen S. W rig h t,
H. D oland, Jo h n Greenop, T erry Dolan.
Resources.

R eport of
Jan. 22.

L.

R eport of
March 28.

Loans and disco u n ts.....................

$153,637 47

$145,178 54

Bonds, m ortgages and securities

137,000 51

131,025 67

1,639 13

1,581 00

Prem ium s paid on bonds
O v erd rafts...................................................................
Banking h o u se............................................................
F u rn itu re and fix tu res.............................................

7,975 00

7,975 00

Other real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities) ........................................................................

26,200 00

26,200 00

28,320 73

28,320 73

Item s in tr a n s it........................ .................................

37 04

U nited States b o n d s............' . ...................................
Due from banks in reserve cities...........................

72,285 78

51,556 96.

Exchanges for clearing h ouse.................................
U. S. and N ational bank currency........................

13,772 00

20,664 00

Gold co in .....................................................................

3,255 00

3,890 00

Silver co in ............................. ......................................

1,721 15

1,008 65

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue ac­
count .........................................................................

1 31

56 00

2,623 97

2,861 53

T o ta ls.................................

$448,469 09

$420,318 08

Liabilities.
Capital stock paid i n ..............

$65,000 00

$65,000 00

8,345 32

8,345 32

6,095 02

2,656 38

52.373 72

33,928 23

600 53

40 62

Surplus fu n d ...........................................................
Undivided profits, less current expenses, interest
and taxes p a id ...................................................
Dividends u n p a id .....................................
Commercial deposits subject to check.
Commercial certificates of deposit
Due to banks and b an k ers.............
Certified checks.......................
Cashier’s checks outstanding
Savings deposits.......................

99,646 55

103,033 21

Savings certificates of deposit

216,407 95

207,314 32

$448,469 09

$420,318 08

Notes and bills red isco u n ted .,
Bills p ay ab le.............................

Totals

♦Consolidated with S tate Savings Bank, Ionia, May 4, 1904.


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Federal Reserve Bank of St. Louis

N.

W r ig h t ,

C ash ier;

O lm stead, F ra n k lin

R eport of
June 9.

R eport of
Sept. 6.

133

STATE BANKS OF MICHIGAN.
No. 191.
STATE SAVINGS BANK OP IONIA, IONIA.
Organized December 8, 1896.
O sm o nd

S.

T ow er,
A.

P residen t ;

.

T . B . P r e s t o n , V ice P r e s id e n t :
H e m in g w a y , A l e x . R o b e r t s o n , A s s i s t a n t

J.

D i r e c t o r s . — Osmond

W.

B.

Resources.

Loans and discounts
Bonds, m ortgages and securities

R eport of
Ja n . 22.

C ash ier ,

H eath,

Cashiers.

S. Tower, John E . M orrison, T had B . P re sto n , Seym our
Geo. G undrum , K. R. Sm ith.
R eport of
March 28.

R eport of
Ju n e 9.

B.

G orham ,

R eport of
Sept. 6.

$284,343 85

$359,799 11

$442,778 88

$453,791 57

116,604 90

128.000 38

243,908 88

287,647 68

Prem ium s paid on bonds
O v erd ra fts...................................................................

4,789 22

2,243 18

10,277 12

4,143 57

Banking h o u se............................................................

5,000 00 Ì

5,000 00

5.000 00

5.000 00

F urniture and fixtures.............................................

5.000 00

5.000 00

O ther real e s ta te .......................... ....: .......................
Due from other banks and bankers (not reserve
cities) ........................................................................

20,655 10

12,653 14

9 00

17,270 09

3,289 75

87,339 21

83,216 34

124,571 05

84,884 50

U. S. and N ational bank currency ........................

19,926 00

25,316 00

28,433 00

24,187 00

Gold co in .....................................................................

6,985 00

7,470 00

19,000 00

19,195 00

Silver co in ....................................................................

2,818 60

1,970 55

5,377 25

4,002 70

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue ac­
count .........................................................................

327 35

254 92

390 14

168 68

2,768 91

229 32

14,553 84

6,880 45

$530,903 04

$613,508 80

$937,215 35

$913;844 04

Item s in tr a n s it..........................................................
U nited States b o n d s.................................................
Due from banks in reserve cities...........................
Exchanges for clearing house

Totals
Liabilities.
C apital stock paid i n ................................................

$50,000 00

$50,000 00

$50,000 00

$50,000 00

S urplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id .......................................................

10,000 00

10,000 00

25,000 00

25,000 00

14,368 45 J

17,435 07

271 98

3,405 79

Dividends u n p a id ......................................................

156 96

45 96

41 96

63 96

99,665 78

147,761 IP

141,362 17

141,815 47

950 30

605 06

Commercial deposits subject to check .................
Commercial certificates of dep o sit.........................
Due to banks and b an k ers......................................

489 46

Certified checks..........................................................
Cashier’s checks o u tstan d in g ..................................
Savings dep o sits.........................................................

74,647 27

82,690 59

193,449 81

200,881 97

Savings certificates of deposit................................

281,114 28

304,971 01

527,089 43

492,187 39

$530,903 04

$613,508 80

$937,215 35

$913,844 04

Notes and bills rediscounted
Bills p ay ab le...........................

Totals


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Federal Reserve Bank of St. Louis

STATE BANKING DEPARTMENT.

134

No. 135.
COMMERCIAL BANK OF IRON MOUNTAIN, IRON MOUNTAIN.
Organized March 7, 1892.
O.

C.

D a v id s o n ,

P re sid en t;

J o h n F . H a n c o c k , V ice P r e s i d e n t ;
W . W . T h o m p s o n , A s s i s t a n t C ashier.

O l iv e k

E v an s,

C ash ier;

D iRECTor.s. — H erb ert M. P elham , A. F. W right, J. F. Hancock. F ra n c is A. Brow n. M. Corry,
Jam es M a c N a u g h to n , O. C. D avidson, W illiam Kelley, Chas. F. Sp.alding.

Resources.

Report of
Jan. 22.

R eport of
R eport of
March 28. 1 June 9.

R eport of
Sept. 6.

Loans and discounts.................................................

$382,178 11

$403,609 89

$375,256 12

$348,681 44

Bonds, mortgages and securities...........................

34,000 00

62,000 00

87,000 00

92,000 00

1,098 85

620 02

569 75

260 69

Prem ium s paid on b o n d s.........................................
O v erd rafts.................... '.............................................
Banking h o u se............................................................
F urniture and fix tu res..............................................

500 00

500 00

500 00

500 00

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities)........................................................................

5,235 22

5,035 22

4,400 00

4,100 00

4,440 69

2,668 04

1,057 23

1,911 53

Item s in tr a n s it..........................................................
'

United States b o n d s.................................................
Due from banks in reserve cities...........................

91,851 40

51,162 21

32,768 51

40,054 23

Exchanges for clearing h ouse.................................
LT. S. and N ational bank currency ........................

24,000 00

15,400 00

14,700 00

14,200 00

Gold co in .....................................................................

7,500 00

10,000 00

13,900 00

12,800 00

Silver co in ....................................................................

3,200 00

2,862 00

5,370 00

3,456 00

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue ac­
count .........................................................................

223 59

109 65

226 57

256 07

2,282 35

1,080 15

801 13

1,037 94

T o ta ls...................................................................

$556,510 21

$555,047 18

$536,549 31

$519,257 90

Liabilities.
Capital stock paid i n ................................................

$50,000 00

$50,000 00

$50,000 00

$50,000 00

Surplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id .......................................................

20,000 00

20,000 00

20,000 00

25,000 00

8,884 59

10,656 57

9,624 63

6,257 65

Dividends u n p a id ......................................................

125 00

Commercial deposits subject to check..................

221,651 37

206,625 37

177,854 55

170,946 07

Commercial certificates of dep o sit.........................

52,399 39

52,870 00

54,705 69

53,098 39

Due to banks and b an k ers......................................

3,107 26

1,584 24

2,468 57

1,838 92-

200,342 60

213',311 00

221,895 87

212,116 87

$556,510 21

$555,047 18

$536,549 31

$519,257 90

Certified checks..........................................................
Cashier’s checks o u tstan d in g ..................................
Savings dep o sits.........................................................
Savings certificates of d ep o sit................................
Notes and bills redisco u nted..................................
*
Bills p ay ab le.............................................................
T o ta ls...........................................................


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Federal Reserve Bank of St. Louis

135

STATE BANKS OF MICHIGAN.
No. 12.
THE PENINSULA BANK, ISHPEMING.
Organized October 27, 1887.
J ohn

P . O u t h w a it e , P r e s id e n t
J.

D i r e c t o r s .— O tto
W m. F.

;

A.

T h o s . W a t t e r s , V ice P r e s i d e n t ; E .
G . W e i .s h , A s s i s t a n t C a s h i e r .

M a l m g r e n , C aslvier;

Eger, R obert M axwell, T im othy H ughes, Joseph M itchell, George F . Thoney,
A nderson, H erm an Jaedecke, Jo h n P . O uthw aite, Thos. W atters.

Resources.

Report of
Jan. 22.

R eport of
March 28.

!

R eport of
June 9.

R eport of
Sept. 6.

Loans a,nd d iscounts.................................................

$320,500 69

! $268,787 38

$286,159 92

$276,099 12

"Bonds mortgages and securities...........................

48,720 03

48,120 06

49,854 60

61,204 60

Prem ium s pa,id on b o n d s.........................................

400 00

400 00

400 00

400 00

O v erd rafts...................................................................

191 10

375 47

3,804 71

685 93

B anking h o u se............................................................

15,000 00

15,000 00

15,000 00

15,000 00

F urniture and fix tu res..............................................

1,400 00

1,400 00

1,400 00

1,400 00

2,013 88

2,837 34

709 15

6,679 06

One from banks in reserve cities...........................

98,819 61

139,601 50

109,711 30

62,822 93

"F*Ychanges for clearing h ouse.................................

2,625 93

7,664 85

4,757 22

2,997 08

U S and N ational bank currency ..................... .

23,292 00

21,078 00

10,252 00

18,375 00

Gold coin ...................................................................

12,300 00

12,353 50

13,852 00

19,192 00

3,266 00

2,100 00

3,324 00

73 93

253 80

211 00

O ther real estate

...........................................

Due from other banks and bankers (not reserve
cities)........................................................................
Item s in tran sit

......................................................

United s ta te s bonds

......................................

Silver co in ...................................................................

3,050 00

•Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue account, .....................................................................

307 00

T o ta ls...................................................................

$528,620 27

$520,958 03

$498,204 70

$409,202 38

Liabilities.
Capital stock paid i n ................................................

$50,000 00

$50,000 Q0

$50,000 00

$50,000 00

10,000 00

10,000 00

10,000 00

10,000 00

19,239 57

23,194 76 |

24,427 99

27,211 26

104,778 44

151,684 93

123,522 16

5,604 83

1,165 81

705 71

2,610 98

117 71

Surplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id .......................................................
Dividends unpaid
Commercial deposits subject to check.................
Oommercial certificates of deposit.........................

811 66

400 00
109,288 71
5,647 54

One to banks and bankers. . .
Oertified checks
Cashier’s checks outstanding
Savings dep o sits.........................................................

274,044 45

267,380 00

258,374 99

257,645 54

$528,620 27

$520,958 03

$498,264 70

$469,202 38

Notes and bills rediscounted

T o ta ls...................................................................


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Federal Reserve Bank of St. Louis

136

STATE BANKING DEPARTMENT.
No. 264.
COMMERCIAL STATE BANK OF ITHACA, ITHACA.
Organized July 26, 1902.

J am es

B.

C r a w f o r d , P r e s id e n t ; H e n r y E . L e w is , V ice P r e s i d e n t ; J a m e s

P.

G ib b s , C ash ier.

D i r e c t o r s . — Jam es

B. C raw ford, F. W. B row n, W illard M. W eller, W olf N etzorg, C harles E.
W ebster, H enry E. Lewis, F ra n k H. H orr. I. N. M onfort, H erb ert J. Craw ford.

Resources.

R eport of
Jan. 22.

R eport of
March 28.

Report of
June 9.

R eport of
Sept. 6.

Loans and disco u n ts.................................................

$38,865 55

$48,102 54

$53,227 02

$58,148 46

Bonds, m ortgages and securities...........................

22,000 00

22,950 00

32,680 00

32,415 00

143 39

299 50

Prem ium s paid on b o n d s.........................................
O v erd rafts...................................................................

47 94

B anking h o u se............................................................
F u rn itu re and fix tu res..............................................

3,137 02

3,137 02

3,137 02

3,137 02

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities) ...............................................................

3,640 34

3,649 64

7,202 19

7,238 79

Item s in tr a n s it..........................................................

7,065 65

1,923 75

60,071 26

89,010 40

61,090 37

23,904 96

206 25

United States b o n d s.................................................
Due from banks in reserve cities...........................
Exchanges for clearing h o u se.................... ............
U. S. and N ational bank currency........................

9,406 00

8,441 00

9,459 00

7,142 00

Gold co in ......................................

315 00

325 00

1,670 00

1,000 00

Silver co in ....................................

1,112 15

1,153 95

966 15

917 20

38 21

40 98

76 53

45 95

1 58

54 46

102 02

428 18

T o ta ls..........................................

$145,796 15

$179,088 24

$169,610 30

$134,631 75

Liabilities.
Capital stock paid i n ................................

$30,000 00

$30,000 00

$30,000 00

$30,000 00

200 00

200 00

200 00

1,000 00

872 30

1,258 13

2,098 15

1,158 31

73,987 97

114,867 67

101,381 08

72,643 57

Nickels and c e n ts.................................
Checks, cash item s and. internal revenue ac­
count ...........................................

Surplus f u n d ....................................
Undivided profits, less current expenses, interest
and taxes p a id ..............................
Dividends u n p a id ...............................
Commercial deposits subject to ch eck ................
Commercial certificates of dep o sit..........
Due to banks and b an k ers.........................
Certified checks.....................................
Cashier’s checks o u tstan d in g .................
Savings dep o sits.................................
Savings certificates of d ep o sit.............

7,817 65

7,658 21

7,981 31

7,919 14

32,918 23

25,104 23

27,949 76

21,910 73

$145,796 15

$179,088 24

$169,610 30

$134,631 75

N otes and bills rediscounted..................
Bills p ay ab le..........................................
T o ta ls...............................


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Federal Reserve Bank of St. Louis

137

STATE BANKS OF MICHIGAN.
No. 150.
ITHACA SAYINGS BANK, ITHACA.
Organized January 16, 1893.
W m.

F.

T h o m pso n , P residen t;

J.

L ee

P o tts,

V ice P r e s i d e n t ;

Ch a s. A.

P r ic e ,

C ash ier;

R. A. B a r b e r , 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 . — Jam es B. C raw ford, W illiam F. T hom pson, W illiam M. W eller, J. Lee . P o tts,
Jo h n C. Hicks, F . H. H orr, F. H. McKay, E. W. Kellogg, C. A. Price.
Resources.

R eport of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

Roans and disco u n ts................................................. •

$49,889 63

$56,486 93

$64,896 91

$71,302 14

'Ronds, mortgages and securities...........................

133,948 57

131,068 57

125,981 57

123,661 57

309 24

691 71

58 49

Prem ium s paid on bonds
O v erd ra fts...................................................................
F urniture and fix tu res.............................................
Rr,ilding account,

651 95
4,750 00

Ranking h o u se............................................................
1,500 00

1,500 00

1,500 00

1,500 00
912 16

...........................................

O ther real estate
.
.................
Due from other banks and bankers (not reserve
....................................
cities)
Item s in tr a n s it..........................................................

524 47

611 50

695 33

672 03

United States bonds
43,759 21

28,607 12

24,434 26

27,064 33

U. S. and National bank currency ........................

12,515 00

10,021 00

13,815 00

12,192 00

Gold co in .....................................................................

3,722 50

3,957 50

4,167 50

2,557 50

Silver co in ...................................................................

1,852 00

1,446 35

1,383 75

1,981 50

147 35

130 57

102 89

139 96

462 57

122 72

267 88

152 47

T o ta ls...................................................................

$248,630 54

$234,623 97

$237,303 58

$247,537 61

•Liabilities.
C apital stock paid i n ................................................

$35,000 00

$35,000 00

$35,000 00

$35,000 00

17,500 00

17,500 00

17,500 00

17,500 00

1,304 01

2,651 19

3,838 54

814 75

•Commercial deposits subject to check .................

53,282 70

27,860 84

33,322 86

36,434 11

Commercial certificates of dep o sit.........................

1,317 31

2,369 76

771 43

1,375 95

50 00

50 00

50 00

Dues from hanks in reserve citie s.......................
Fxchanges for cleaving house

Nickels and c e n ts......................................................
Checks, cash item s and internal revenue ac­
count ........................................................................

Surplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id .......................................................
Dividends unpaid

Due fo hanks and bankers
Certified checks
Cashier's checks outstanding
29,791 24

30,832 58

31,784 60

34,213 67

Savings certificates of deposit................................

110,385 28

118,359 60

115,036 15

122,199 13

T o ta ls...................................................................

$248,030 54

$234,623 97

$237,303 58

$247,537 61

Savings dep o sits.........................................................

18

https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

138

STATE BANKING DEPARTMENT.
No. 177.
JACKSON CITY BANK, JACKSON.
Organized January 1, 1865.

Reorganized January 1, 1895.

W ir. M. T h o m p s o n , P r e s i d e n t : N. S. P o t t e r . V i c e P r e s i d e n t ; P . B. L o o m is , J r ., C a s h i e r ;
B. M. B y r n 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 . — W.

M. Thom pson, A nna M. Thom pson, N. S. P o tte r, P. B. Loomis, J r., G. A.
M atthew s.
Resources.

Loans and disco u n ts..................................
Bonds, m ortgages and securities.......................

Report of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

$766,161 36

$791,505 49

$850,646 10

$700,462 Off

307,164 31

305,177 31

314,127 31

366,824 31

R eport of
Sept. 6.

.

Prem ium s paid on b o n d s............................
O v erd rafts......................................

16,370 16

2,776 21

1,330 09

5,162 11

Banking h o u se......................................

33,000 00

33,000 00

33,000 00

33,000 00

F u rn itu re and fix tu res.................................

15,000 00

15,000 00

15,000 00

15,000 00

Other real e s ta te ........................
Due from other banks and bankers (not reserve
cities)...............................

18,562 85

18,562 85

20,649 85

20,649 85.

26,321 17

50,486 34
25,835 22

22,817 56
351,096 15.

Item s in tr a n s it................................
United States b o n d s .....................
Due from banks in reserve cities..

107,604 55

103,099 55

184,858 80

Exchanges for clearing h o u se........

13,208 95

16,247 18

19,145 85

26,391 19'

U. S. and N ational bank currency.

40,303 00

50,219 00

49,702 00

35,637 00

Gold co in ............................................

37,780 00

38,750 00

47,030 00

7,072 00

3,868 40

6,491 65

824 13

721 86

591 43

380 41

114 68

685 29

113 82

4,712 50'

,389,487 16

$1,430,099 48

1,568,522 12

,627,476 60

$150,000 00

$150,000 00

$150,000 00

$150,000 00'

75,000 00

75,000 00

75,000 00

75,000 00

48,870 20

54,041 02

49,487 11

42,391 43

Commercial deposits subject to check.

327,669 93

309,612 59

424,125 24

509,558 4&

Commercial certificates of dep o sit.......

274,919 06

304,633 32

303,460 14

293,925 21

5,257 75

2,257 75

125 00

25 00<

507,769 62

534,554 80

566,324 63

556,576 57

$1,389,487 16

1,430,099 48

$1,568,522 12

,627,476 69

Silver co in ...............................
Nickels and c e n ts............................................ ..........
Checks, cash item s and internal revenue ac­
count ..................................

T otals.
Liabilities.
Capital stock paid i n ..............
Surplus f u n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id ........................................................

37,415 00
7,928 55

Dividends u n p a id ................ •.................. .

Due to banks and b an k ers.....................
Certified ch eck s.........................................
Cashier’s checks o u tstan d in g .................
Savings d ep o sits........................................
Savings certificates of d ep o sit...............
Notes and bills rediscounted.................
Bills p a y ab le.......................................... ....

T o ta ls.


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Federal Reserve Bank of St. Louis

139

STATE BANKS OF MICHIGAN.
No. 186.
JACKSON STATE SAVINGS BANK, JACKSON.
Organized April 1, 1896.
N athan

H.

W il l ia m s ,

P resid en t; C h a r l e s M .
P r e s i d e n t s ; F. H. N e w

S p in n in g , C h a s .
k i r k , Cashier.

E.

T o w nsend ,

V ice

D i r e c t o r s .—

N ath an H. W illiam s, Chas. E. T ow nsend. H enry H. Neesley, Jam es G . O’Dwyer,
H en ry J. Davis, Edw y K night, Chas. M. Spinning, Wm. M. T alm er, Z. C. E ldred.

Resources.

Loans anil disco u n ts.................................................
Bonds m ortgages and securities...........................
Oypfd rafts

T ...........................................................

1

R eport of
Sept. 6.

R eport of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

$372,128 43

$392,164 82

$372,838 41

165,596 53

163,896 40

190,737 79

217,355 97

3,336 87

2,883 57

3,333 68

1,913 41

8,700 00

22,700 00

Off) er tp esta.te
.
....................................
Due from other banks and bankers (not reserve
....................................
cities)

$360,531 47

177 57

377 88

45,588 65

81,016 78

98,75S 90

Fx changes for clearing house.................................

2,960 79

5,102 43

12,490 70

8,715 42

XT S and National hank currency ........................

27,796 00

20,782 00

29,117 00

29,909 00

Gold co in .....................................................................

6,750 00

9,860 00

1,430 00

2,557 50

Silver co in ...................................................................

7,020 65

2,916 00

3,702 85

1,174 75.

151 17

100 60

162 06

312 50

377 50

564 02

529 99

223 81

T o ta ls...................................................................

$631,706 53

$680,064 19

$722,179 26

$734,875 70

Liabilities.
Capital stock paid i n .............. .................................

$100.000 00

$100,000 00

$100,000 00

$100,000 00

20,000 00

20,000 00

20,000 00

25,000 00

9,878 05

10,329 22

14,568 67

10,184 21

540 00

40 00

Commercial deposits subject to check.................

110.200 79

132,126 65

145,879 93

129,579 43

Commercial certificates of dep o sit........................

8,353 70

11,135 16

9,544 57

8,342 20

Due to banks and b an k ers......................................

1,426 37

74 31

871 94

1,219 60

P up from banks in reserve cities...........................

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue acc o u n t........................................................................

Surplus f u n d .............................................. 7 ..............
Undivided profits, less current expenses, interest
and taxes p a id .......................................................
"Dividends unpaid

Certified checks

89,481 87

45 00

150 00

Savings d eposits............................. ...........................

267,609 95

290,480 47

305,612 51

336,622 30

Savings certificates of dep o sit................................

113,547 13

115,878 38

125,656 64

123,927 87

T o ta ls...................................................................

$631,706 59

$680.064 19

$722,179 26

$734,875 70


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

140

S T A T E B A N K IN G D E P A R T M E N T .

No. 14.
THE UNION BANK, JACKSON.
Organized November 1, 1883.
C. C.

B l o o m f ie l d , P r e s i d e n t ;

A. B.

R o b in s o n , F ir s t V ice P r e s id e n t ;
A . C. B l o o m f i e l d , C a s h i e r .

F. D.

B e n n e tt , Second

V ice P r e s i d e n t ;
D i r e c t o r s .—

L. II. Field, Thom as A. W ilson, A ddison B. Robinson, C harles C. Bloomfield,
Ja m es O’Donnell, F. D. Bennett,- P. H. W ithington.
R eport of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

Loans and disco u nts.................................................

$676,812 16

$705,621 11

$721,594 69

$690,623 45

Bonds, m ortgages and securities...........................

197,851 87

201,215 87

218,802 62

228,540 12

Resources.

R eport of
Sept. 6.

Prem ium s paid on b o n d s.........................................
O v erd rafts...................................................................

3,742 64

5,298 53

4,522 72

10,509 59

B anking h o u se............................................................

25,000 00

25,000 00

25,000 00

25,000 00

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities) U. S. T reasu rer........................................

12,350 00

10,500 00

6,700 00

6,700 00

6,250 00

7,510 00

Item s in tr a n s it..........................................................

66,045 22

62,641 00

30,305 03

28,342 74

177,703 91

F u rn itu re and fix tures..............................................

United States b o n d s.................................................
Due from banks in reserve cities...........................

101,459 24

157,974 85

161,820 72

Exchanges for clearing h o u se.................................

10,786 27

5,558 02

5,856 11

17,071 17

U. S. and N ational bank currency........................

40,894 75

18,082 00

26,218 00

24,292 00

Gold co in ....................................................... ..

.

30,425 00

29,380 00

48,125 00

29,025 00

Silver co in ....................................................................

5,279 75

4,450 25

8,475 20

4,919 80

N ickels and c e n ts.......................................................
Checks, cash item s and internal revenue ac­
count .......................................................

343 73

190 96

377 24

112 16

2,515 81

96 99

605 83

396 07

$1,173,506 44

$1,232,259 58

$1,265,913 16

$1,243,236 01

$100,000 00

$100,000 00

$100,000 00

$100,000 00

50,000 00

50,000 00

.50,000 00

50,000 00

33,251 80

40,502 11

41,518 42

45,286 57

179,967 34

187,268 32

211,490 72

159,157 12

9,757 51

13,537 49

7,543 48

7,200 50

Due to banks and b an k ers..................................

29,782 44

30,004 32

29,857 80

30,033 08

Certified checks.......................................

11,297 33

30 00

330 00

506 22

495 93

480 50

342 06

Savings d ep o sits................................. '......................

621,448 76

661,744 61

681,620 06

691,940 31

Savings certificates of dep o sit..........................

137,435 04

148,706 80

143,372 IS

158,885 77

$1,173,506 44

$1,232,259 58

$1,265,913 16

$1,243,236 01

T o ta ls...........................................................
•
Liabilities.
Capital stock paid i n ....................................
Surplus f u n d ...........................................................
Undivided profits, less current expenses, interest
and taxes p a id ...................................................
Dividends u n p a id .................... ...................
Commercial deposits subject to check..................
Commercial certificates of dep o sit..................

Cashier’s checks o u tstan d in g ..............................

60 00

Notes and bills rediscounted..................................
Bills p ay ab le......................................

T o ta ls..........................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

141

S T A T E B A N K S O F M IC H IG A N .

No. 115.
THE GROSVENOR SAYINGS BANK, JONESVILLE.
Organized March 28, 1891.
E. O.

G r o s v e n o r , P r e s i d e n t ; J o h n A. S i b b a l d , C h a s .
W m . M . W e t m o r e , C a s h ie r ; O l iv e r S. W h i t e ,

G.

W h it e ,

A ssista n t

V ice P r e s i d e n t s ;
C ashier.

D i r e c t o r s . — Ebenezer

O. Grosvenor, Jo h n A. Sibbald, Jo h n S. Lewis, E d g ar A. W isner,
Chas. P . W ade, C harles G. W hite, W. M. W etm ore.

Resources.

R eport of
R eport of ' R eport of
Ja n . 22. 1 M arch 28. [ Ju n e 9.

R eport of
Sept. 6.

Unans and disco u n ts.................................................

$131,531 88

$135,341 26

$128,529 35

$156,259 33.

"Ronds, m ortgages and secu rities..........................

43,965 00

48,665 67

50,342 00

61,324 76

1,503 26

1,286 92

3,412 46

4,528 00

500 00

500 00

500 00

4,453 16

4,022 47

33,402 63

59,721 52

60,832 35

36,007 84

Prem ium s paid on b o n d s.........................................
O v erd rafts...................................................................
Ranking h o u se ...........................................................
F urniture and fix tu res.............................................
Other real estate ......................................................
Due from other banks and bankers (not reserve
cities) .. .
.........................................................
Tterns in tr a n s it..........................................................
United States b o n d s.................................................
"Due from hanks in reserve cities...........................
Exchanges for clearing house.................................
U. S. and N ational bank currency........................

9,508 00

3,389 00

9,562 00

7,239 00

Gold co in ..........................................: .........................

7,140 00

7,335 00

7,750 00

7,570 00

Silver co in ....................................................................

827 85

772 75

1,469 60

1,144 75

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue ac­
count .........................................................................

247 47

216 14

207 03

182 87

10 63

9 52

67 81

61 72

T o ta ls...................................................................

$228,636 72

$261,690 94

$266,695 07

$274,318 27

Liabilities.
Capital stock paid i n ................................................

$50,000 00

$50,000 00

$50,000 00

$50,000 00

10,000 00

10,000 00

10,000 00

15,000 00

4,041 70

6,185 95

9,241 23

3,821 15

Surplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id ........................................................
Dividends u n p a id ......................................................
Commercial deposits subject to check..................

55,903 84

66,176 99

57,548 49

62,830 80

Commercial certificates of deposit.........................

108,002 00

129,328 00

139,887 00

142,320 00

Due to hanks and h an k ers......................................

689 18

346 32

Certified checks..........................................................

18 35

Cashier’s checks outstanding . .
Ravings deposits.........................................................
Ravings certificates of deposit................................
'

Notes and hills rediscounted..................................
Rills p ay ab le...............................................................

T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$228,636 72

$261,690 94

$266,695 07

$274,318 27

142

S T A T E B A N K IN G D E P A R T M E N T .
N o. 273.

CENTRAL BANK, KALAMAZOO.
Organized March 26, 1903.
A.
D

L.

B lum enberg,

P residen t;

C.

A.

D e w in g ,

F red

A.

M il l s ,

V ice

P residen ts;

E. R. M o r t o n , C a s h i e r .
i r e c t o r s . — C . A. Dewing, J. E. W hite. Chas. C . W eber, B. F. W itw er, George P alasky,
H. P. S h u tt, N. S. W hitney, A. L. B lum enberg, F ra n k E. K nappen, J. J. Lusk, F. A.
Mills, F ra n k K rueger, E. J. M anning, E. R. M orton, *K. N. Sherwood, Wm. A. Keyser,
George Steers.
R eport of
Jan. 22.

R eport of
M arch 28.

R eport of
June 9.

$157,247 71

$161,202 53

$178,710 04

$164,612 36

30,068 85

27,213 66

32,521 45

26,988 37

105 54

3,359 69

1,124 42

14 18

F u rn itu re and fix tu res..............................................

7,800 00

7,800 00

O th er real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities) ........................................................................

2,600 00

Resources.

Loans and discounts...............................................
Bonds, m ortgages and securities...........................

R eport of
Sept. 6.

Prem ium s paid on b o n d s.........................................
O v erd ra fts...................................................................
B anking h o u se............................................................
7,800 00

7,800 00

200 00

Item s in tr a n s it..........................................................

273 00

1,100 67

4,098 51

United S tates b o n d s.................................................
Due from banks in reserve cities...........................

11,533 76

Exchanges for clearing house.................................

389 54

1,260 80

719 68

1,539 04

U. S. and N ational bank currency........................

16,621 00

13,583 00

8,356 00

10,170 00

Gold co in .....................................................................

2,035 00

2,325 00

1,760 00

1,665 00

Silver co in ...................................................................

2,069 50

1,728 50

1,358 45

934 20

272 55

123 71

62 01

222 24

124 08

63 85

144 53

52 52

T o ta ls...................................................................

$230,867 53

$237,382 90

$240,846 07

$231,974 86

Liabilities.
C apital stock paid i n ................................................

$100,000 00

$100,000 00

$100,000 00

$100,000 00

■Surplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id .......................................................

1,652 60

2,980 33

3,299 94

4,555 03

Nickels and c e n ts......................................................
Checks, cash item s and internal revenue ac­
count ........................................................................

18,249 16 I

7,188 82 1

13,878 44

Dividends u n p a id ......................................................
Commercial deposits subject to check .................

42,662 55

37,981 46

35,733 02

35,620 81

Comm ercial certificates of dep o sit........................

49,584 02

59,900 80

61,017 24

50,777 63

Due to banks and b an k ers......................................
Certified ch eck s..........................................................

1 55

Cashier’s checks o u tstan d in g ....................... ..........
Savings dep o sits....................................................

36,968 36

36,520 31

37,983 47

41,021 39

Savings certificates of deposit................................
Notes and bills rediscounted..................................

2,810 85

Bills p ay ab le...........................................................
T o ta ls......................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$230,867 53

$237,382 90

$240,846 07

$231,974 86

143

S T A T E B A N K S O F M IC H IG A N .
N o. 1471

HOME SAVINGS BANK OF KALAMAZOO, KALAMAZOO.
Organized December 27, 1892.
H ale

P . K a u f f e k , P r e s i d e n t ; W . G. H o w a r d , V i c e P r e s i d e n t ; V e r n o n
D o u g l a s E . R ic k m a n , A s s i s t a n t C ash ier.

T . B a r k e r , C ash ier;

D i r e c t o r s . — W illiam

G. H ow ard, F. B. O rcutt, Vernon T. B arker, O tto Ikling, H ale P.
K auffer, Jo h n R. H u n ter, F ra n k H. M ilham , H. B. Colman,
A. M. Todd, W alter S.
Hodges, Jam es H. H atfield, W illis N. Pom eroy, J. H. Dewing, O. K. Buckliout, Jos. E.
Brown.
Resources.

R eport of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

Loans and disco u n ts.................................................

$336,248 55

$374,196 67

$395,444 10

$420,556 12

Bonds, m ortgages and securities...........................

73,343 20

72,820 20

71,004 20

71,440 02

1,970 55

269 71

10,104 50

1,001 88

F u rn itu re and fixtures, safety deposit v a u lts ...

7.375 00

7,375 00

7,375 00

7,325 00

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities)........................................................................

4,500 00

4,500 00

4,500 00

4,000 00

Due from banks in reserve cities...........................

99,223 25

50,799 76

35,986 47

58,752 40

Exchanges for clearing house.................................

10,270 44

16,874 08

8,029 18

12,184 39

U. S. and N ational bank currency........................

23,032 00

20,705 00

18,216 00

16,576 00

O old co in .....................................................................

6,515 00

7,470 00

7,265 00

10,650 00

Silver co in ....................................................................

702 15

762 35

607 50

828 95

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue ac­
count .........................................................................

70 22

66 90

123 59

39 06

$563,250 36

$555,839 67

$558,715 54

$603,353 82

Prem ium s paid on U. S. b o n d s..............................
•O verdrafts...................................................................
B anking h o u se............................................................

Ite m s in t r a n s i t ..........................................................
U nited S tates b o n d s............... .................................

T o ta ls.................................................................
Liabilities.
C ap ital stock paid i n ............................................

$50,000 00

$50,000 00

$50,000 00

$50,000 00

S urplus f u n d .......................................................
Undivided profits, less current expenses, interest
and taxes p a id ...............................................

57,000 00

57,000 00

57,000 00

60,000 00

1,882 31

3,856 25

6,090 38

3,010 34

Dividends u n p a id ......................................................

102 00

■Commercial deposits subject to check..................

112,804 28

116,615 60

90,870 66

142,013 49

Com m ercial certificates of dep o sit.........................

85,325 73

95,887 18

104,532 55

95,114 05

Due to banks and b an k ers......................................

76,549 38

46,416 29

57,459 88

51,986 75

179,586 66

186,064 35

192,762 07

201,229 19

$563,250 36

$555,839 67

$558,715 54

$603,353 82

•Certified checks..........................................................
C ashier’s checks o u tstan d in g ..................................
S avings d ep o sits............................. ...........................
Savings certificates of deposit................................
N otes and bills rediscounted...................................
Bills p ay ab le...............................................................

T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

144

S T A T E B A N K IN G D E P A R T M E N T .

No. 1.

I

C harles

J.

KALAMAZOO SAYINGS BANK, KALAMAZOO.
Organized January 12, 1889.

M o n r o e , Presiden t ;

W \r, G.
F.

D i r e c t o r s .— C .

K i r b y , V i c e P r e s i d e n t ; R.
G . D e w e y , A s s i s t a n t C ashier.

J.

W il l ia m s o n , C a sh ie r ;

J. M onroe, W illiam G. K irby. Jo h n Mackey, A. C. W ortley, R. J. W illiam son,
Lew is H. K irby, F. G. Dewey, S. B. Monroe.

Resources.

Loans and disco u n ts.................................................
Bonds, m ortgages and securities...........................

R eport of
Jan. 22.

R eport of
March 28.

.$493,774 02 ■ $510,061 66
365,962 71

R eport of
June 9.

R eport of
Sept. 6.

$501,664 05

$503,150 22

434,342 71

463,747 71

373,067 71

Prem ium s paid on b o n d s.........................................
O v erd rafts...................................................................

1 68

48 25

241 18

38 96

Banking h o u se............................................................

10,000 00

10,000 00

10,000 00

10,000 00

173,130 91

F u rn itu re and fix tu res..............................................
O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities) ........................................................................

26 47

•

Item s in tr a n s it..........................................................
U nited States b o n d s.................................................
Due from banks in reserve cities...........................

239,432 73

196,381 11

171,836 03

Exchanges for clearing h o u se.................................

2,396 82

3,052 96

3,628 67

4,206 89

U. S. and N ational bank currency........................

44,313 00

32,513 00

49,147 00

22,714 00

Gold co in .................................................................

21,365 00

23,660 00

24,385 40

24,700 00

Silver co in ....................................................................

3,635 00

3,050 00

2,370 00

2,050 00

Nickels and c e n ts..................................................
Checks, cash item s and internal revenue ac­
count ........................................................ . . .

266 54

342 61

259 87

305 15
277 06

T o ta ls...................................................................

$1,181,147 50

$1,152,203 77

$1,197,874 91

$1,204,320 90

Liabilities.
Capital stock paid i n ................................................

$50,000 00

$50,000 00

$50,000 00

$50,000 00

50,000 00

50,000 00

50,000 00

50,000 00

14,888 25

17,488 52

19,473 75

13,530 42

Surplus fu n d .......................................................
U ndivided profits, less current expenses, interest
and taxes p a id ........................................................
Dividends u n p a id ......................................................
Commercial deposits subject to check..................

82,314 11

49,509 11

86,440 69

66,182 55

Commercial certificates of dep o sit.........................

182,151 24

190,034 91

192,392 19

195,851 59

Due to banks and b an k ers......................................

116,472 96

78,366 09

77,573 49

64,525 33

685,320 94

716,805 14

721,994 79

764,231 00

$1,181,147 50

$1,152,203 77

$1,197,874 91

$1,204,320 90

Certified checks..................................................
Cashier’s checks o u tstan d in g ..................................
Savings dep o sits.......................................................
Savings certificates of dep o sit................................
Notes and bills rediscounted................................
Bills p ay ab le ..................................................
T o ta ls.......................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

STATE BANKS OF MICHIGAN.

145

No. 257.
THE KALKASKA COUNTY STATE AND SAVINGS BANK, KALKASKA,
Organized February 7, 1902.
A m brose

E.

P a l m e r , P r e s i d e n t ; W m . C. F r e e m a n ,
H a r o l d B. W h a l l e y , C a s h i e r .

V ice P r e s i d e n t ;

D i r e c t o r s . — Am brose

E, P alm er, W illiam C. Freem an. E d g a r B. Babcock, W illiam II. Bockes,
George F. Bow, W illiam Lewis, H aro ld B. W halley.

Resources.

Report of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

Loans and disco u n ts.....................

889,364 43

$99,605 05

$101,612 23

$71,116 26

Bonds, m ortgages and securities.

14,293 89

14,178 89

13,647 00

29,292 73

Banking h o u se................................

10,000 00

10,000 00

10,000 00

10,000 00

F urniture and fix tu res..................

2,000 00

2,000 00

2,000 00 I

2,301 23

5,244 53

926 37

550 09

33,702 14

20,447 45

11,154 10

16,784 93

Prem ium s paid on b o n d s.............
O v erd rafts................................... ,.

2,000 00

O ther real e s ta te ...................................................
Due from other banks and bankers (not reserve
cities) ...................................................................
Item s in tr a n s it..................................
United States b o n d s..........................
Due from banks in reserve cities. . .
Exchanges for clearing h o u se.........
U. S. and N ational Bank C urrency.

6,845 00

5,781 00

5,223 00

5,093 00

Gold co in ..............................................

1,415 00

1,475 00

1,595 00

2,010 00

Silver co in ............................................

509 15

501 30

981 20

676 SO

Nickels and c e n ts......................................................
Checks, cash item s and internal revenue ac­
count ........................................................................

121 60

177 13

314 87

218 39

170 03

493 29

476 57

400 55

$159,903 64

$147,930 34

$138,142

$20,000 00

$20,000 00

$20,000 00

$ 20,000

2,500 00

2,500 00

2,500 00

2,900 00

265 22

761 80

1,557 53

650 92

Commercial deposits subject to check.

46,637 65

45,782 30

36,861 74

38,530 07

Commercial certificates of dep o sit. . . .

76,815 85

72,200 42

66,226 03

56,212 06

14,503 75

18,659 12

20,785 04

19,849 70

$160,722 47

$159,903 64

$147,930 34

$138,142 75

T o ta ls...................................................................i $160,722 47
Liabilities.
Capital stock paid i n ..............
Surplus
irpl f u n d .
Undivided profits, less current expenses, interest
and taxes paid

00

Dividends u n p a id .....................................

Due to banks and b an k ers.....................
Certified checks.........................................
Cashier’s checks o u tstan d in g .................
Savings dep o sits........................................
Savings certificates of dep o sit...............
N otes and bills rediscounted.................
Bills p ay ab le..............................................

T o ta ls.

19

https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

146

S T A T E B A N K IN G D E P A R T M E N T .

No. 283.
FARMERS AND MERCHANTS’ BANK OF LAKE ODESSA.
Organized October 10, 1903.
J.

J.

E ck h a u d t, P residen t;

D i r e c t o r s . — W ilson

G eorge

A . W e e d , V ice P r e s i d e n t

;

S a m u e l Y e l t e , C ashier.

E llio tt, H enry B. D arnell. J. J. E ck h ard t, N. A llarding, I. N. Raym ond,
.John W agner, O. C. R uss, George A. Weed.

Resources.

R eport of
Jan. 22.

Report of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

$28,442 34

$37,047 70

$55,255 53

$73,550 10

5.312 70

8,405 00

8,885 07

9,251 05

30 94

013 31

57 80

Banking h o u se............................................................

4,700 00

4,700 00

4,700 00

4,700 00

F urniture and fix tu res.............................................

2,500 00

2.500 00

2,500 00

2,500 00

17,040 14

25,752 71

ttnnris mortgagp.s and securities...........................
Prem ium s paid on b o n d s.........................................
O v erd rafts...................................................................

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities) ........................................................................
Item s in tr a n s it..........................................................

...............

United States b o n d s.................................................
Due from banks in reserve cities...........................

8,863 20

15,046 44

...............

Exchanges for clearing h ouse.................................
U. S. and N ational bank currency........................

2,02S 00

0,490 00

5,411 00

Gold co in .....................................................................

540 00

705 00

850 00

1,195 00

Silver co in ...................................................................

1,845 30

1,708 70

1,049 25

1,264 65

39 39

55 92

05 21

62 00

10 74

1,578 19

817 96

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue ac­
count ........................................................................

5,550 00

T o ta ls...................................................................

$02,447 87

$87,400 77

$90,370 76

$113,995 00

Liabilities
C apital stock paid i n ................................................

$25,000 00

$25,000 00

$25,000 00

$25,000 00

Surplus f u n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id .......................................................

1,584 03

1,009 24

1,174 83

1,302 29

Commercial deposits subject to check .................

10,938 85

21,100 25

11,818 13

14,384 65

Commercial certificates of deposit........................

16,321 39

34,524 57

42,998 70

61,573 38

D ividends u n p a id ......................................................

Due to banks and b an k ers......................................
/

Certified checks..........................................................
Cashier’s checks o u tstan d in g ..................................
Savings d ep o sits........................................................

2,003 00

5,772 71

9,379 10

11,674 68

$02,447 87

$87,400 77

$90,370 70

$113,995 00

Savings certificates of d eposit................................
Notes and bills rediscounted..................................
Bills p ay ab le...............................................................
T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

S T A T E B A N K S O F M IC H IG A N .

147

N o. 41.

LAKE ODESSA SAVINGS BANK, LAKE ODESSA.
Organized May 22, 1888.
G eo . Y.

F i .e t c h e r ,

D i r e c t o r s . — Geo.

P resid en t;

Geo.

L iv e r t o n ,

V ice

P residen t;

W.

J.

P e r c iv a l ,

C ash ier.

Y. F letcher, Geo. L iverton, R obert C a tt, P. F. H ines, S tephen Yoder,
Robt. A insw orth, J e rry H ausbarger.
R eport of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

Loans and disco u nts......................

$62,243 39

$01,676 54

$61,409 47

$61,161 52

Bonds, m ortgages and securities.

63,932 55

58,319 55

57,499 55

55,851 30

Resources.

R eport of
Sept. 6.

Prem ium s paid on b o n d s.............
O v erd rafts........................................

1,066 68

1,171 99

1,495 01

4,144 45

Banking h o u se................................

3,000 00

2,000 00

2,000 00

2,000 00

F urniture and fix tures..................

1,500 00

1,500 00

1,500 00

1,500 00

19,222 93

25,409 31

8,742 45

4,209 17

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserved
Cities)........................................................................
Item s in tra n s it................................
United S tates b o n d s........................
Due from banks in reserve cities..
Exchanges for clearing house........
U. S. and N ational bank currency

5,661 00

7,078 00

3,822 00

2,017 00

Gold co in ............................................

3,150 00

3,445 00

3,720 00

3,545 00

Silver co in ..........................................

3,300 95

2,284 55

2,222 95

1,213 55

174 88

195 58

139 56

122 32

704 69

2,410 64

884 55

1,154 01

$163,957 07

$105,551 16

$143,435 54

$136,918 32

$25,000 00

$25,000 00

$25,000 00

$25,000 00

5,000 00

5,000 00

5,000 00

5,000 00

2,084 98

1,734 01

1,874 82

1,770 99

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue ac­
count ........................................................................
T o ta ls.
Liabilities.
Capital stock paid in
.
Surplus fu n d ...........................................................
U ndivided profits, less current expenses, interest
and taxes p a id ............................................. .....
Dividends u n p a id .....................................

43 75

Commercial deposits subject to check.

22,151 14

19,470 71

23,886 99

16,112 88

Commercial certificates of deposit........

109,677 20

114,346 44

87,673 73

89,034 45

$163,957 07

$165.551 16

$143,435 54

$136,918 32

Due to banks and b an k ers.....................
Certified checks.........................................
Cashier’s checks o u tstan d in g .................
Savings dep o sits........................................
Savings certificates of deposit...............
Notes and bills rediscounted..................
Bills p ay ab le ..............................................

T otals.


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Federal Reserve Bank of St. Louis

STATE BANKING DEPARTMENT.

148

No. 133.
LANSING STATE SAVINGS BANK, LANSING.
Organized February 25, 1892.
H

II. L a k n ed , P r e s i d e n t ; F k e d ’k T h o m a s , V i c e P r e s i d e n t ; J . E dw ard R o e , C a s h i e r ;
H. T. C a m p b 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 .— II. II. Darned, F red erick T hom an. C harles F. H am m ond, J. E d w ard Roe, R. M.
M ontgom ery, L ouis Beck, II. A. Haze, L. L. S a ttle r, G ottlob H. Ziegler.
Resources.

T2
nn
ri oo , m
n r f i r î l ffP Q n.T
DU
IIU
111U1
a u irl
u SP
o LC^11
u iTi ilAt iveuS *......................
* * * * * * ...
* ......................
* * * *

R eport of
Jan. 22.

R eport of
March 28.

R eport of I R eport of
Ju n e 9.
Sept. 6.

$544,098 83

$584,656 47

$608,269 99

$625,392 94

199,586 69

215,037 45

220,361 27

225,375 20

1,629 21

1,797 71

1,797 71

1,797 71

1,996 80

1,372 66

1,109 39

1,172 88

44,500 00

44,500 00

44,500 00

44,500 00

4,500 00

4,685 00

4.685 00

4,895 50

O ther real patate
. . . . . . , , ..............................
D u efto m other banks and bankers (not reserve

17,268 41

17,268 41

17,268 41

16,268 41

Due from banks in resprvp cities...........................

111,000 81

80,923 28

66,286 74

S9,902 64

Excli&iii^s for clearing h ouse......... ... ....................

8,214 54

3,607 92

10,048 43

13,280 23

U S and N atinnnl Rfi-nk C urrency.......................

31,649 00

24,897 00

38,530 00

25,466 00

C^rVjd

.....................................................................

17,335 00

22,202 50

25,185 00

25,050 00

..............................................................................

4,933 65

6,004 90

5,200 00

3,185 80

192 80

446 45

140 00

1,651 65

364 12

3,401 15

8,075 77

.............................................................................................

$988,630 59

$1,007,510 22

$1,047,089 54

$1,084,503 08

Liabilities.
Capital stock paid i n .....................................................................................

F urniture £\nd

fiv tn r p .fi

m in

Silver

m in

......... ...................................

Nickels and c e n ts ................................................................................................
Checks, cash item s and internal revenue account
.................................................................................................
Totals

272 00

$150,000 00

$150,000 00

$150,000 00

$150,000 00

Surplus fund
..........................................................................................
Undivided profits, less current expenses, interest
and taxes paid ............................... ......................................

20,000 00

20,000 00

20,000 00

22,000 00

4,375 91'

9,532 83

14,078 14

8,468 55

Dividends u n p a id .................... ...........................................................

786 19

191 00

1 00

1 00

ÇQjj^j^çj’çial deposits subject. t,o check.................

361,618 39

377,418 04

369,748 34

387,595 32

1,046 93

4,614 34

690 33

218,062 08

222,941 54

229,095 94

231,259 34

265,700 18

266,651 94

237,219 39

^ertifi^d checks

...........................................

Savings d ep o sits ....................................................................................................
gg^YingS certificates

Of

214,636 71

deposit,................................

20,000 00

T o ta ls . . . .

.....................................................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$988,636 59

$1,007,510 22

$1,047,089 54

$1,084,503 08

STATE BANKS OF MICHIGAN.

149

•No. 271.
LAPEER SAYINGS BANK, LAPEER.
Organized September 19, 1902.
B. F . L oder , P r e s i d e n t ; E dgar S. H o u g h , V i c e P r e s i d e n t ; G. R. B u c k , C a s h i e r .
D ir e c t o r s .— B. F. Loder, L. S. Iligley, Edsrar S. H ough, Jo h n M cLennan, M a tth ia s Caley,

G. R. Buck.

Resources.

R eport of
Jan. 22.

R eport of
March 28.

R eport of ! R eport of
June 9.
Sept. 6.

Loans and discounts......................

$06,704 75

$70,369 84

$76,330 22

$77,629 74

Bonds, m ortgages and securities.

22,325 00

26,075 00

37,581 00

38,831 00

230 80

138 56

355 70

100 28

2,800 00

2,800 00

2,800 00

2,800 00

8,910 80

26,501 62

9,622 59

17,572 71

Prem ium s paid on b o n d s.............
O v erd rafts........................................
Banking h o u se................................
F urniture and fix tu res..................
O ther real e s ta te .......................................................
Due from other banks and bankers (not reserve
cities) ........................................................................
Item s in tra n s it................................
U nited S tates b o n d s........................
Due from banks in reserve c itie s..
Exchanges for clearing house........
U. S. and N ational bank currency.

3,369 00

4,584 00

3,355 00

4,966 00

Gold co in ............................................

1,022 50

1,220 00 1

1,590 00

2,132 50

Silver co in ..........................................

475 35

483 65 J

595 85

604 70

43 47

51 35

Nickels and cen ts.’....................................................
Checks, cash item s and internal revenue ac­
count .................................................................... ....
T o ta ls.
Liabilities.
C apital stock paid i n ..............
Surplus fu n d ...............................................................
U ndivided profits, less current expenses, interest
and taxes p a id .......................................................

I

82 80

77 70

329 36

159 50

137 50

92 00 '

$108,079 17

$132,316 02 j

$132,642 58 j

$144,874 13

$25,000 00

$25,000 00 j

$25,000 00

$25,000 00 J
500 00

500 00

500 00

750 00

297 20

657 46

1,023 46

742 13

10,042 73

18,642 12

11,310 37

16,512 42

Dividends u n p a id .? ..................................................
Commercial deposits subject to check.................
Commercial certificates of deposit................ ..
Due to banks and b an k ers..................................
Certified checks.........................................................
Cashier’s checks o u tstan d in g ..................................
Savings dep o sits....................... .................................

14,490 33

17,587 92 j

17,259 10

17,661 29

Savings certificates of deposit................................

55,748 91

69,928 52 |

77,549 65

84,208 29

$132,642 58

$144,874 13

Notes and bills rediscounted..................................
Bills p ay ab le...............................................................

T o ta ls.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$106,079 17

$132,316 02

/

150

STATE BANKING DEPARTMENT.
No. 117.
STATE SAVINGS BANK OF LAPEER, LAPEER.
Organized May 9, 1891.

H . D. R ood, P r e s i d e n t ;

E dmund B row nell, V ice P r e s i d e n t ;
J . R. J o h n s o n , A s s i s t a n t C a s h i e r .

C. G. W h i t e , C a s h i e r ;

D ir e c t o r s .— II. D. Rood, C hester G. W hite, G. W. Rood. E dm und B row nell, K irk W hite,

R ipley W hite, W. B. W illiam s.

Resources.

R eport of
Jan. 22.

R eport of
March 28.

R eport of
Ju n e 9.

R eport of
Sept. 6.

Loans and disco u n ts.................................................

$38,020 54

$41,96(5 54

$38,986 54

$39,576 54

Bonds, m ortgages and securities...........................

307,135 4(>

308,307 37

314,(509 82

318,699 82

29,807 03

14,475 23

32,279 93

Prem ium s paid on b o n d s.........................................
O v erd rafts...................................................................

40

Banking h o u se............................................................
F urniture and fix tu res......................................... .. .
O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities)........................................................................

33,213 70

Item s in tr a n s it..........................................................

*

United States b o n d s.................................................
Due from banks in reserve cities...........................

34,479 09

34,479 09

34,996 27

34,996 27

......................
15,000 00

18,000 00

18,000 00

Exchanges for clearing h ouse.................................
U. S. and N ational b ank currency..........g ...........

1,080 00

Gold co in .....................................................................

15,000 00

Silver co in ....................................................................
Nickels and c e n ts................................. .....................
Checks, cash item s and internal revenue ac­
count ........................................................................

4 20

T o ta ls...................................................................

$428,939 39

$429,560 03

$421,047 86

$443,552 5(5

Liabilities.
Capital stock paid i n ................................................

$45,000 00

$45,000 00

$45,000 00

$45,000 00

9,000 00

9,000 00

9,000 00

9,000 00

33,043 13

31,055 41

30,886 04

31,210 62

341,890 20

344,504 62

,
336,161 82

358,341 94

$428,939 39

$429,560 03

$421,047 80

$443,552 56

Surplus fu n d ............................................................. ..
Undivided profits, less current expenses, interest
and taxes p a id .......................................................
D ividends u n p a id ......................................................
Commercial deposits subject to check..................
Commercial certificates of dep o sit........................
Due to banks and b an k ers..................................
Certified checks..........................................................
Cashier’s checks o u tstan d in g .................
Savings dep o sits.........................................................
Savings certificates of d ep o sit................................
Notes and bills rediscounted..................................
Bills p ay ab le...............................................................
T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

151

STATE BANKS OF MICHIGAN.
No. 201.
STATE SAVINGS BANK OF KAURI UM, LAURIUM.
Organized November 6, 1897.
E rnst

;

B o l l m a x x , P r e s i d e n t J a co b B a e r , Vice P r e s i d e n t ; J a m e s
E d w a r d P . B a s t , A s s i s t a n t Cashier.

D i r e c t o r s .—

T.

F is h e r , C ash ier;

Jacob B aer, J. V ivian, J r., Wm. E. P a rn a ll, E rn s t Boiim ann, Jam es MacN aughton, W illiam IT. T hieim an, F ra n k S. C arlton.

Resources.

Report of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

Report of
Sept. 6.

Uoans and disco u nts.................................................

$505,400 61

$460,905 SO

$493,326 78

$473,736 95

Ronds m ortgages and securities...........................

90,235 82

128,204 82

127,674 82

122,640 82

Prem ium s paid on b o nds.........................................
O v erd rafts...................................................................

3,204 05

2,£18 89

7,491 05

S41 62

Banking h o u se...........................................................

37,500 00

37,500 00

37,500 00

37,500 00

F urn itu re and fixtures.............................................

10,000 00

10,000 00

10.000 00

7,500 00

O ther real e s ta te .......................................................
Due from other banks and bankers (not reserve
cities) ........................................................................

3,000 00

3,000 00

3,000 00

3.000 00

16,854 73

55,405 37

14,971 29

51,482 80

Item s in tr a n s it..........................................................

4,755 70

761 25

236 00

380 00

85,755 17

United States b o n d s.................................................
Due from banks in reserve cities...........................

40,957 99

79,709 34

43,547 61

Fxchanges for clearing h ouse.................................

1,125 72

7,054 57

2,030 24

2,370 60

U. S. and N ational bank currency........................

40,014 00

28,508 00

70,824 00

65,674 00

Gold co in .....................................................................

4,395 00

745 00

4,080 00

3,950 00

Silver co in ...................................................................

2,949 20

2,617 65

4,616 90

3,974 30

505 59

535 35

874 50

646 13

591 00

8,362 99

461 84

515 07

T o ta ls...................................................................

8771,149 41

8826,289 13

$821,235 03

$867,967 55

Liabilities.
Capital stock paid i n ................................................

$75,000 00

$75,000 00

$75,000 00

$75,000 00

30,000 00

30,000 00

30,000 00

37.500 00

14,635 71

18,935 27

22,857 33

14.500 01

Nickels and c e n ts......................................................
Checks, cash item s and internal revenue ac­
count .........................................................................

Surplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id ................. , ...................................
Dividends u n p a id ......................................................
Commercial deposits subject to check..................

353,719 28

392,161 22

378,534 98

398,745 21

Commercial certificates of dep o sit.........................

1,378 50

1,162 39

315 29

2,904 20

Due to banks and b an k ers......................................

1,415 34

2,850 10

1,926 79

1,592 65

Certified checks..........................................................

194 00

Cashier’s checks o u tstan d in g ..................................
Savings dep o sits.........................................................

270,065 47

276,331 54

284,270 53

304,538 80

Savings certificates of dep o sit................................

24,141 11

29,566 11

28,330 11

33,186 50

$821,235 03

$867,967 ,r 5'

C o llectio n s..................................................................

282 50

Notes and bills rediscounted.............................. ....
Bills p ay ab le...............................................................
■

T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$771,149 41

$820,289 13

152

STATE BANKING DEPARTMENT.
No. 8.
THE PEOPLE’S BANK, LESLIE.
Organized December 24, 1886.

A rthur

J.

T u t t l e , P resid en t;

D i r e c t o r s . — O.

J ohn

A . L a n d f a ir , V ic e P r e s i d e n t ;

A.

L . D o w l in g , Cashier.

V. T u ttle, A rth u r J. T u ttle , L. J B ickh art. John A. L an d fair, M. I. Covert,
F . E. H aynes, M. S, Campbell.

Resources.

R eport of
Jan. 22.

R eport of
March 28.

R eport of
Ju n e 9.

R eport of
Sept. 6.

Loans and disco u n ts...............................................

$39,110 82

$94,080 05

$105,232 33

$102,904 23

Bonds, m ortgages and securities...........................

22,634 96

22,159 90

23,209 90

23,159 90

Prem ium s paid on b o n d s.........................................
O v erd rafts..................................... .........................

1,114 35

94 53

423 01

913 10

Banking h o u se............................................................

2,500 00

2,500 00

2,500 00

2,500 00

O th er real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities) ........................................................................

570 00

570 00

570 00

570 00

Item s in tr a n s it............................................... ..........

4,320 53

4,545 08

7,029 37

001 30

19,940 21

23,437 13

F urniture and fix tu res..............................................

U nited States b o n d s.................................................
Due from banks in reserve cities...........................

21,093 (50

18,013 18

Exchanges for clearing h o u se.................................

390 91

1,758 30

U. S. and N ational bank currency ........................

4,372 00

2,909 00

3,803 00

4,124 00

083 35

Gold co in .....................................................................

3,010 00

3,140 00

2,200 00

4,195 00

Silver co in ............................. ......................................

1,198 30

1,084 40

347 90

502 40

Nickels and c en ts.......................................................
Checks, cash item s and internal revenue ac­
count .........................................................................

35 53

35 13

12 33

30 24

14 17

S95 21

285 70

324 59

•$150,305 23

$151,851 50

$105,014 47

$104,125 30

T o ta ls...................................................................
Liabilities.
Capital stock paid i n ................................................

t

$50,000 00

$50,000 00

$50,000 00

$50,000 00

3,700 00

3,700 00

3,700 00

0,000 00

413 21

904 75

2,040 90

502 00

Commercial deposits subject to check .................

48,307 07

42,452 53

54,922 80

48,907 89

Commercial certificates of dep o sit.........................

47,884 95

54,794 22

54,950 71

58,054 81

$150,305 23

$151,851 50

$105,014 47

$104,125 30

Surplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id .......................................................
Dividends u n p a id ......................................................

Due to banks and b an k ers......................................
Certified checks..........................................................
Cashier’s checks o u tstan d in g ..................................
Savings dep o sits.........................................................
Savings certificates of dep o sit................................
Notes and bills rediscounted..................................
Bills p ay ab le...............................................................

T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

STATE BANKS OF MICHIGAN.

153

No. 184.
LEXINGTON STATE BANK, LEXINGTON.
Organized January 29, 189G.
J ohn

B e l t .,

P residen t;

D i r e c t o r s . — Jo h n

A l e x . C r c ic k s h a n k , V ice
F r a n k B eedo n , A ssistan t

P resid en t;
C ash ier.

D.

M c N a ir ,

•

C ash ier;
*

I*. N iggem an, J r., Jo h n Bell, Lewis B aker, Alex. C ruickskank, F ra n k
M atthew s, A. E. Sleeper, Jam es Colbeck.

Resources.

Report of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

Loans and disco u nts.................................................

$53,181 32

$52,972 24

$56,202 03

$50,817 80

R onds m ortgages and securities...........................

9,849 50

10,000 00

11,267 55

9,767 55

Prem ium s paid on b o n d s.........................................
O v erd ra fts...................................................................

11 99

17 10

74

6 51

B anking h o u se............................................................

2,500 00

2,500 00

2,500 00

2,500 00

F u rn itu re and fix tu res..............................................

2,000 00

2,000 00

2,000 00

2,000 00

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities) ........................................................................

1,400 00

1,400 00

1,400 00

1,400 00
8 47

1,107 53

Item s in tr a n s it..........................................................
United S tates b o n d s.........................•.......................
Due from banks in reserve cities...........................

22,214 33

17,656 87

14,245 02

16,451 01

Exchanges for clearing house.................................
U S and N ational bank currency ........................

2,009 00

3,383 00

2,945 00

4,300 00

Gold co in ......................................................................

1,652 50

1,052 50

1,050 00

1,742 50

Silver co in ....................................................................

148 50

215 75

147 50

325 00

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue ac­
count .........................................................................

28 22

05 94

57 40

36 40

121 00

85 33

70 93

224' 52

T o ta ls...................................................................

$96,883 95

$91,948 73

$92,480 17

$95,579 76

Liabilities.
Capital stock paid i n ................................................

$20,000 00

$20,000 00

$20,000 00

‘ $20,000 00

2,000 00

2,000 00

2,009 00

2,200 00

553 80

1,249 81

1,554 17

258 21

Surplus fu n d ...............................................................
U ndivided profits, less current expenses, interest
and taxes p a id .......................................................
D ividends u n p a id ....................
Commercial deposits subject to check..................

19,401 87

10,688 30

17,329 43

19,005 94

Commercial certificates of d ep o sit.........................

54,868 28

50,894 59

51,551 73

54,055 61

1,116 03

50 84

$91,948 73

$92,486 17

Due to banks and b an k ers......................................
Certified checks...........
Cashier’s checks o u tstan d in g ..................................
Savings dep o sits.........................................'..............
Savings certificates of dep o sit................................
Notes and bills rediscounted..................................
Rills p a y ab le...............................................................

T o ta ls...................................................................

20


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$90,883 95

$95,579 76

154

S T A T E B A N K IN G D E P A R T M E N T .
N o. 111.
LO W ELL STA TE

BANK, LOW ELL.

O r g a n iz e d J a n u a r y 22, 1891.
C h arles M c Carty .,. P r e s i d e n t ; Geo . IV. P arker , V i c e P r e s i d e n t ; W. E. M a r sh , C a s h i e r ;
D. G. M ange, A s s i s t a n t C a s h i e r .
D ir ec tor s .— Ch arles M cC arty, F. T. King, E. L. B ennett, Geo. W. P ark er, F re d J. L aver
IV. E. M arsh.
Resources.

R eport of
Jan. 22.

R eport of
March 28.
I

R eport of I R eport of
June 9. I Sept. 0.

Loans and disco u n ts.................................................

§30,092 41

$27,505 22

$37,950 30 1

$47,341 71

Bonds, mortgages and securities...........................

111,398 75

106,935 50

111,548 50

109,252 50

4,775 05

4,438 15

4,438 15 j
3,438 15
1
......................
4,500 00

0,700 00

0,700 00

0,700 00

Prem ium s paid on b o n d s.....................................
O v erd rafts...........................................................
B anking h o u se...................................................
F urn itu re and fixtures...................................

2,200 00
F

O ther real e s ta te .........................................
Due from other banks and bankers (not reserve
cities).................................................
Item s in tr a n s it.....................................

I
!

4.S83 92

......................
2,871 28

40,000 00

10,000 00

10,000 00

47,754 21

34,542 58

7,901 35

8,528 00

0,104 00

5,025 00

|

5,735 00

4,820 00

0,080 00

j

1,097 20

17,150 23

15,963 08

United States b o n d s................................

10,000 00

Due from banks in reserve cities.........................

25,731 08

U. S. and National bank cu rren cy .............

3,434 00

Gold co in .................................

4,000 00

j

1

Exchanges for clearing h ouse...........................

Silver co in ........................................

923 50

734 75

889 00

Nickels and c e n ts....................
Checks, cash item s and internal revenue ac­
c o u n t ..................................

181 09

212 30

159 02

119 50

140 IS

101 53

528 59

153 76

T o ta ls......................................

$215,193 49

$234,667 74

$222,504 00

$201,240 45

Liabilities.
Capital stock paid i n ...........................

$25,000 00

$25,000 00

$25,000 00

$25,000 00

5,000 00

5,000 00

5,000 00

5,000 00

1,773 06

3,148 34

3,784 92

1,802 41

52,323 01

57,841 04

50,798 27 ,

42,831 01

.

Surplus fu n d ...............................
Undivided profits, less current expenses, interest
and taxes p a id ..........................
Dividends u n p a id .........................
Commercial deposits subject to check.........
Commercial certificates of d ep o sit. . . .
Due to banks and b an k ers.................

...................... I

Certified checks......................
Cashier’s checks o u tstan d in g ...............
Savings d ep o sits.............................

99,444 09

99,207 79

98,704 30 1

95,048 75

Savings certificates of dep o sit.................

31,652 13

44,409 97

39,276 57 |

30,957 08

Notes and bills rediscounted ...........

*

Bills p a y ab le...............................

T o ta ls..............


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

------ j

-

$201,240 45
---------------- -----------------------

155

STATE BANKS OF MICHIGAN.
No. 239.
LUDINGTON STATE BANK, LUDINGTON.
Organized May 22, 1901.
C.

G.

W in g ,

P residen t;

D i r e c t o r s . — C.

W arren

A.

C a r t ie r ,

V ice P r e s i d e n t ;

C.

IIagerm an,

Cashier.

G. W ing, W arren A. C artier, Wm. R ath, R. P. Bishop, M. B. D anaher.

Resources.

|

R eport of
Jan. 22.

R eport of
March 28.

R eport of ] R eport of
June 9. ! Sept. 6.

Loans and discounts................................................. |

$87,033 57

$94,765 73

$132,489 21

$130,924 09

Bonds, m ortgages and securities........................... j

207,286 39

213,671 52

221,271 83

224,685 91

Prem ium s paid on b o n d s.........................................
59 57

51 31

85 62

2 05

Banking h o u se.............................................................

5,500 00

5,500 00

5,500 00

6,500 00

F urniture and fix tu res.............................................

2,812 53

2,812 53

2,812 53

2,101 03

207 74

207 74

569 50

589 50

1,569 44

33 63

396 13

35,971 24

32,703 78

26,744 99

36,677 62

O v erd rafts...................................................................

O ther real e s ta te .......................................................
Due from other banks and bankers (not reserve
cities) ........................................................................
Item s in tr a n s it..........................................................
U nited States b o n d s.................................................
Due from banks in reserve cities...........................
Exchanges for clearing h o u se.................................
U. S. and N ational b ank currency........................

4,813 00

4,270 00

11,530 00

12,194 00

Gold co in ............ ........................................................

4,305 00

4,585 00

5,295 00

5,605 00

Silver co in ...................................................................

1,882 00

1,752 50

1,957 70

3,746 90

Nickels and c e n ts.................................................... ..
Checks, cash item s and internal revenue ac­
count .........................................................................

640 25

706 55

645 46

205 59

864 20

160 29

399 46

496 34

T o ta ls...................................................................

§351,435 49

§362,750 39

$409,334 93

$424,164 16

—
Liabilities.
Capital stock paid i n ................................................

$50,000 00

$50,000 00

$50,000 00

$50,000 00

10,000 00

10,000 00

10,000 00

10,000 00

684 67

2,910 66

5,362 66

6,237 48

Commercial deposits subject to check .................

67,914 16

83,752 22

97,981 87

92,924 30

Commercial certificates of dep o sit........................

2,024 65

2,289 65

2,314 65

1,754 65

Due to banks and b a n k e is......................................

125 58

Surplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id .......................................................
Dividends u n p a id ......................................................

1,000 00

Savings dep o sits.........................................................

137,471 09

Savings certificates of deposit................................

83,214 74

Bills p ay ab le. . .
T o ta ls................................................................... '


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

134,632 57 1
1
69,171 29 |
10,000 00

137,688 56 |

148,025 30

105,987 19

114,222 43

§409,334 93

$424,164 16

I

I
§351,435 49 1 §362,756 39 !

________ ________

156

• STATE BANKING DEPARTMENT.
No. 130.
ANTRIM COUNTY STATE SAVINGS BANK, MANCELONA.
Organized January 20, 1892.

C. E.

B l a k e l y , P r e s i d e n t ; I . N. R o d e n b a u g h , V i c e P r e s i d e n t ; E. L .
R . I . M a c D o n a l d , A s s i s t a n t C ash ier.

D i r e c t o r s .—

J.

M il l s , C ash ier;

C harles E. B lakely, E. D. J. Mills, I. N. R odenbaugh, N. C. W eter, H. G. W hite,
F ra n k H arding, J. W. McCauley.
Resources.

j R eport of
> Jan. 22.

R eport of
M arch 28.

R eport of
Ju n e 9.

R eport of
Sept. 6.

Loans and discounts.................................................

$93,633 98

$98,030 90

$ 104,868 55

$130,710 45

Bonds, m ortgages and securities...........*..............

39,825 53

39,105 53

39,520 53

41,170 53

Prem ium s paid on b o n d s.........................................

250 00

250 00

200 00

200 00

O v erd rafts...................................................................

1,740 80 !

2,651 61

310 92

742 30

Banking h o u se............................................................

3,182 45

3,182 45

3,182 45

3,182 45

F urniture and fix tures..............................................

1,831 00

1,831 00

1,831 00

1,831 00

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities)........................................................................

6,045 00

0,045 00

6,045 00

6,045 00

Item s in tr a n s it..........................................................

209 54

1,657 50

339 91

U nited States b o n d s.................................................
Due from banks in reserve c ities...........................

61,522 96

61,345 79

56,774 25

41,678 21

4,089 00

Exchanges for clearing h ouse............................. ..
U. S. and National bank currency........................

9,256 00

4,605 00

6,184 00

Gold co in .....................................................................

1,550 00

1,540 00

1,775 00

1,190 00

Silver co in ....................................................................

838 15

1,881 45

1,363 50

1,935 10

Nickels and c e n ts.................................
Checks, cash items and internal revenue ac­
count ...........................................

113 31

152 00

204 09

230 79

1,419 01

3,126 92

2,541 81

1,189 70

$221,417 73

$223,747 65

$226,458 60

$234,534 50

$20,000 00

$20,000 00

$20,000 00

$20,000 00

5,000 00

5,000 00

5,000 00

5,000 00

5,337 35

5,529 43

7,676 96

8,678 23

Commercial deposits subject to check...........

73,076 74

73,916 65 j

71,354 42

62,243 77

Commercial certificates of dep o sit..............

76,466 69

74,914 43 |

72,907 43

T o ta ls.........................................
Liabilities.
Capital stock paid i n .............. ............
Surplus fu n d ....................................
Undivided profits, less current expenses, interest
and taxes p a id .......................................
Dividends u n p a id ...........................

Due to banks and b an k ers.........................
Certified checks..........................

399 53

206 53

260 53

41,137 42

44,120 61

49,253 26

266 53

Cashier’s checks o u tsta n d in g ..
Savings dep o sits.........................
Savings certificates of deposit.

51,648 25
86,697 72

Notes and bills rediscounted..
Bills p ay ab le...............................

T o ta ls................................................................... !


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$221,417 73

$223,747 65 J $226,458 60

$234,534 50

157

STATE BANKS OF MICHIGAN.
No. 242.
PEOPLE’S BANK, MANCHESTER.
Organized August 31, 1901.
F rank

P residen t;

S pa fa rd ,

rectors.

F r e d e r ic k

S t f .i n k o h l ,

Vice, P r e s i d e n t ;

C.

W.

C a sk ,

C ash ier.

Lovejoy, A. F. F reem an, F i G d c r i c k Steinkohl, h ia n k S p afaid , F red
K ensler, E. M. Conklin, Jam es A. Lowery, O rlando L. T orrey, J. D. T prrey.
B e n i.

O.

R eport of
Ja n . 22.

Resources.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

Loans and discounts ................................................

$118,807 14

$123,401 06

$129,969 12

$126,505 34

Bonds m o rtg a g e and securities...........................

05,539 13

70,403 38

96,083 38

96,290 88

.................................. ................

36 69

2,363 45

755 09

255 70

................................................

5,000 00

5,000 00

5,000 00

5,000 00

F urniture and fixtures ...........................................

1,300 00

1,300 00

1,300 00

1,300 00

Due from other banks and bankers (not reserve
(»itlCS)
........................................

540 00

896 61

772 95

O verdrafts
"Pankiog house

P u p from banks in rpserve cities...........................

38,859 08

39,992 50

34,786 37

Lxchanges for clearing h o u se.................................

1,187 42

1,010 74

315 00

597 33

S and N ational hank currency ........................

5,800 00

7,990 00

5,342 00

7,247 00

Gold coin t . . T.........................................................

5,692 50

5,890 00

6,135 00

7,845 00

Silver co in ...................................................................

1,550 00

1,520 00

1,490 00

1,035 00

26 41

20 50

27 00

37 06

305 07

223 49

71 59

20 00

T o ta ls...................................................................

* $244,643 44

$266,011 79

$282,047 50

$270,122 89

Liabilities.
Gapita.l stock paid i n ................................................

$25,000 00

$25,000 00

$25,000 00

$25,000 00

2,000 00

2,000 00

2,000 00

3,000 00

3,491 58

4,353 69

5,0S1 71

4,426 70

jt

Nickels and c e n t s ....................................................
Checks, cash item s and internal revenue account
...................................................................

Surplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id .......................................................

23,989 58

Dividends unpaid
Commercial deposits subject to check.................

153,189 56

73,501 69

78,759 52

64,552 19

Commercial certificates of deposit.........................

60,962 30

161,156 41

171,206 27

129,405 55

Uue to banks and b an k ers......................................
fortified checks

......................................................

Cashier’s checks outstanding
Savings d ep o sit, t .......................................................
Savings certificates of deposit

•

...........................

43,738 45

Notes and bills red iscounted ..................................
Bills p a y a b le

...................................

T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$244,643 44

$266,011 79

$282,047 50

$270,122 89

158

STATE BANKING DEPARTMENT.
No. 172.
UNION SAVINGS BANK, MANCHESTER.
Organized June 28, 1894.

Iiio x .r.

G.

E n g l is h ,

D i r e c t o r s . — B.

P residen t;

E nglish,
A rnold H. ICuhl,
G.

J ohn

M.

H o r n in g , V ic e

P resid en t;

E d.

E.

R oot,

Cashier.

Geo. H eim endinger, John M. H orning, F re d B reitenw ischer
F. K napp, Jo h n W uerthner, Jo h n S chlicht, A. J. W aters.
’

Resources,

R eport of
Jan. 22.

Loans and disco u n ts.................................................

$206,508 39

Bonds, m ortgages and securities...........................

76,629 00

R eport of
March 28.

R eport of
June 9.

$206,635 23 1 $194,385 45 !
83,269 00
79 572 89

R eport of
Sept. 6.
$225,304 75
79,505 89

Prem ium s paid on b o nds.........................................
O v erd rafts...................................................................
Banking h o u se............................................................
F u rn itu re and fix tures.......................................
O ther real e s ta te .................................................
Due from other banks and bankers (not reserve
cities) ........................................................................

11,000 00

11,000 00

1 1,000 00

11,000 00

1,700 00

1,700 00

1,700 00

1,700 00

131 23

1,300 00

70,963 50

400 00

......

Item s in tr a n s it..........................................................
United States b o n d s...............................................
Due from banks in reserve cities..................

50,970 83

50,779 60

94,543 35

Exchanges for clearing h ouse.........................

368 16

1,088 36

218 92

53 01

10,911 00

11,161 00

15,029 00

11,037 00

Gold co in ___'.......................................

3,475 00

3,450 00

3,555 00

4,385 00

Silver co in ......................................

1,155 00

937 75

726 00

1,187 45

24 99

39 67

39 58

26 93

T o ta ls..........................................

$363,142 37

$370,060 61

$400,901 42

$412,463 53

Liabilities.
C apital stock paid i n .......................

$25,000 00

$25,000 00

$25,000 00

$25,000 00

5,500 00

5,500 00

5,500 00

5,500 00

3,005 70

5,091 79

4,552 37

6,223 89

19,647 74

17,475 08

20,032 41

14,750 90

3,860 00

3,420 00

3,780 00

2,320 00

Savings dep o sits.....................

200,039 78

208,341 12

224,559 72

246,088 02

Savings certificates of deposit...........

105,719 15

105,232 62

117,470 92

112,580 72

$370,060 61
$400,901 42
1

$412,403 53

U. S. and N ational bank currency..............

Nickels and cen ts.........................
Checks, cash item s and internal revenue ac­
count .......................................

Surplus fu n d .......................
Undivided profits, less current expenses, interest
and taxes p a id .....................
Dividends u n p a id ..................
Commercial deposits subject to check...........
Commercial certificates of deposit___

310 00

Due to banks and b an k ers.............
Certified checks..............
Cashier’s checks o u tstan d in g . . .

Notes and bills rediscounted. . .
Bills p ay ab le................

T o ta ls......................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

8363,142 37

159

STATE BANKS OF MICHIGAN.
No. 116.
MANISTEE COUNTY SAYINGS BANK, MANISTEE.

,

Organized May 4, 1891.
K.

G o ld en

F il e r , P re sid e n t;

D i r e c t o r s .— E.

J o seph

K ir s t e e ,

V ice

P residen t;

W. J.

G regory,

C ash ier.

Golden F iler. Thom as K enny, Joseph K irste r, J. II. G ran t, Jo h n Sm ith.
R eport of
Jan. 22.

Resources.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

Loans and discounts.................................................

$308,297 37

$348,043 66

$347,675 24

$354,365 94

Bonds, m ortgages and securities...........................

305,144 63

305,980 90

307,455 14

316,331 14

O v erd ra fts.............. ....................................................

440 49

911 59

154 13

380 22

O ther real e s ta te .......................................................
Due from other banks and bankers (not reserve
cities) ........................................................................
Item s in transit-

1,048 82

-

1,039 82

1,039 82

1,039 82

37,854 60

7,395 44

2,523 47

7,864 01

90,259 38

77,813 50

44,794 04

95,731 86

......................................

U nited St at ps bonds

.........................

Due from banks in reserve cities...........................
U. S. and N ational bank currency ........................

8,431 00

11,097 00

20,998 00

31,573 00

Gold co in ................ ....................................................

18,755 00

20,135 00

21,795 00

23,705 00

Silver c o in ...................................................................

5,654 05

5,427 70

2,948 00

1,970 80

Nickels and c e n ts......................................................
Checks, cash item s and internal revenue ac­
c o u n t........................................................................

911 38

840 66

427 53

35 37

241 07

1,407 90

2,102 26

2,113 51

T o ta ls...................................................................

$777,037 79

$780,093 29

$751,912 63

Liabilities.
Capital stock paid i n ................................................

$50,000 00

$50,000 00

$50,000 00

$50,000 00

10,000 00

10,000 00

10,000 00

10,000 00

8,254 66

12,461 77

17,430 82

13,612 32

Surplus fu n d ...............................................................
U ndivided profits, less current expenses, interest
and taxes paid.........................................................
Dividends unpaid . . .

$835,110 67

55 00

58 82

Commercial deposits subject to check.................

162,517 22

161,517 75

154,053 31

233,437 26

Commercial certificates of dep o sit........................

100,943 33

108,649 89

104,534 16

112,361 85

6,642 70

4,422 51

Due to banks and b an k ers. . .

4,415 20 ......................
400 00

Certified checks..........................................................
Cashier’s checks o u tstan d in g ..................................
Savings d ep o sits........................................................

438,621 06

433,041 37

411,479 14

415,244 24

$777,037 79

$780,093 29

$751,912 63

$835,110 67

Savings certificates of dep o sit................................
Notes and bills rediscounted........... ......................
Bills p ay ab le...............................................................

T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

STATE BANKING DEPARTMENT.

160

No. 21.
MANISTIQUE BANK, MANISTIQUE.
Organized May 16, 1889.
II. Q u i c k , V i c e P r e s i d e n t ; C h a s . P>. M e b s e b e a u , C a s h i e r ;
M. W. Orr , 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 a rtin II. Quick, George H. Orr, R obert B. W addell, C . B. M ersereau, A. S.
P utnam .
Geoege

H.

O k r , P r e s i d e n t ; M a r t in

R eport of
Jan. 22.

Resources.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

I
.............................................

$159,217 62

$184,129 32

$159,757 99

$226,166 98

Pn^ld*-3 pnortg^g^1“1 n.nd spoilritips...........................

,153,708 07

146,131 67

157,587 70

113,560 27

T,n?rnc; nnd disponnts

...............

inrps pnirl on bonds .......................................

"Ranking honsfi ..........................................................
Fiirnitnrp and fi^rtnrps

20 09

104 57

5,226 32

4,544 82

4,291 82

5,001 26

5,038 94

5,038 94

9,097 34

3,157 37

737 40

2,431 08

53 96
4,246 3

..........................................

Ot.lipr rpal pstafp, ...................................................
Due from other banks and bankers (not reserve
pi t ips)
..........................
Ttoms in transit,........................

..............................

1,581 92

'

5,121 37

357 22

...............

TTnit.p.d S ta t ps b o n d s.................................................
90,338 68 |

86,381 30 I

54,365 70

39,390 41

IT. S. and National bank n irrp n p v ........................

18,660 00

15,472 00

17,552 00

17,335 00

6,030 00

7,135 00

7,065 00
1,038£00

Tluo from banks in rp.sprvo pitip.s...........................
"Rxpbangps for plp.aring bonsp.................................

Gold co in ......................................................................

6,420 00

Silver co in ....................................................................

962 25

1,208 50

1,850 00

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue ac­
count .........................................................................

140 81

125 96

132 07

146 75

412 91

1,112 34

677 51

489J51

$414,970 79

[

T o ta ls...................................................................

$455,942 75

$455,867 87 I $409,970 65

Liabilities.
Capital stock paid i n ................................................

$50,000 00

$50,000 00

$50,000 00

$50,000 00

10,000 00

10,000 00

10,000 00

10,000 00

8 02

29 48

2,763 04

5,023 39

Commercial deposits subject to check..................

258,010 65

256,555 96

213,972 67

234,442 99

Commercial certificates of deposit.........................

137,924 08

139,282 43

132,417 22

115,504 41

S urplus fu n d ...........................................................
Undivided profits, less current expenses, interest
and taxes p a id .......................................................
Dividends u n p a id ......................................................

Due to banks and b an k ers......................................

817 72

Certified checks..........................................................
Cashier’s checks o u tstan d in g ..................................
Savings dep o sits.........................................................
Savings certificates of dep o sit................................
N otes and bills rediscounted..................................
Bills p ay ab le...............................................................
T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$455,942 75

$455,867 87

$409,970 65

$414,970 79

161

STATE BANKS OF MICHIGAN.
No. 296.
THE MANTON STATE BANK, MANTON, MICHIGAN.
Organized July 27, 1904.
Geohge

F.

W il l ia m s , P r e sid e n t;

J ohn

E.

J ones,

Cashier.

D i r e c t o r s . — George

F. W illiam s, W arren D. W ade, George M. Brooks, W illiam Caldw ell,
W illiam McGregor, Jam es R. Oakes, W alter S. W illiam s.
R eport of
Jan. 22.

Resources.

R eport of
March 28.

R eport of
June 9.

Loans and d is c o u n ts ...............................................
P n n d 5 m ortgages and securities...........................
P r e m i u m «5 paid

on bonds

.............................

Overdraft^

................................

Fankin-0, house

..............................

F urniture and fixtures

.

.....................

Other ppa.l estate
..................................
Due from other banks and bankers (not reserve
cities)
.............................................
Tfems

tr a n s it, ...........

in

*

...............

........................................

U nited S tates bonds
|~)^p ffom banks in rpsprvp. ci tips
F,x changes for clearing bousp................................
TT ft and National hank currency

•

Hold coin
Silver coin

...............

........................................

Nickels and cents
Checks, cash item s and internal revenue account,........................................................................
T o ta ls...................................................................
Liabilities.
Capital stock paid i n ................................................
Surplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id ........................................................
Dividends u n p a id ..........
Commercial deposits subject to check .................
Commercial certificates of dep o sit........................
Due to banks and bankers.
Certified checks..........................................................
Cashier's checks o u tstan d in g ..................................
Savings dep o sits........................................................
Savings certificates of dep o sit................................
•

Notes and bills rediscounted..................................
Bills p ay ab le...............................................................
T o ta ls...............................................................
Commenced business October 17, 1904.

21


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Federal Reserve Bank of St. Louis

/

R eport of
Sept. 6.

162

STATE BANKING DEPARTMENT.
No. 272.
HOME SAYINGS BANK, MARINE CITY.
Organized February 10, 1903.

F eed

T.

M ooee, P resid en t;

D i r e c t o k s . — Jo h n

George

N.

J o n e s , V ice

P residen t;

D. B aird, Jam es Davidson, C . L. Doyle, Geo.
F re d T. Moore, W m , F. Sauber.

N.

C. L.

D oyle,

Cashier.

Jones, H a rry Law rence,

R eport of
June 9.

Resources.

R eport of
Ja n . 22.

R eport of
March 28.

R eport of
Sept. 6.

Loans and disco u n ts.................................................

$131,098 28

$118,119 79

$106,853 92 !

"Ronds m ortgages and securities...........................

14,597 00

15,452 00

15,992 00

$118,745 53
16,032 00

Prem ium s paid on b o n d s.........................................
O verdrafts...................................................................

300 05

181 04

39 16

15 66

Ranking h o u se............................................................

10,500 00

10.500 00

10,500 00

10.500 00

F urn itu re a,nd fix tu res..............................................

2,500 00

2.500 00

2,500 00

2.500 00

11,084 84

13,307 27

7,390 25

19,374 66

Exchanges for clearing h o u se.................................

165 84

14 74

19 30

611 40

U P and National bank currency........................

2,165 00

4,452 00

7,363 00

2,587 00

Gold coin ....................................................................

2,370 00

2,390 00

2,670 00

575 00

Silver co in ....................................................................

1,531 55

1,011 55

423 15

759 85

"Miekels and c e n ts.......................................................
Checks, cash item s and internal revenue account- , , , T.............................................................

248 73

269 91

274 12

163 92

198 53

47 70

260 69

316 00

T o ta ls...................................................................

$176,739 82

$168,246 00

$154,285 59

$172,181 02

Liabilities.
Capital stock paid i n ................................................

$35,000 00

$35 000 00

$35,000 00

$35,000 00

500 00

1,000 00

1,000 00

1,000 00

1,354 51

1,282 19

1,327 66

1,405 32

Commercial deposits subject to check..................

25,237 76

21,768 65

18,892 81

31,790 19

Commercial certificates of deposit........................

6,282 78

5,218 12

3,358 84

2,998 84

108,364 77

103,971 04

94,706 28

99,986 67

$176,739 82

$168,246 00

$154.285 59

Other real estate ......................................................
Due from other banks and bankers (not reserve
cities)
.........................................................
Item s in tr a n s it..........................................................
United States b o n d s.................................................
Une from banks in reserve cities...........................

Surplus fu n d ...............................................................
U ndivided profits, less current expenses, interest
and taxes p a id .......................................................

6 00

Dividends u n p a id ......................................................

Due to banks and b an k ers......................................
Certified checks..........................................................
Cashier’s checks o u tstan d in g ..................................
pavings deposits. ‘.....................................................
Savings certificates of deposit................................
Notes and bills rediscounted..................................
Rills p ay ab le...............................................................

T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$172.181 02
1

STATE BANKS OF MICHIGAN.

163

No. 122.
THE MARINE SAYINGS BANK, MARINE CITY.
Organized September 5, 1891.
C i ia s . E . B lood , P r e s i d e n t ; W m . H. M a n n e d , V i c e P r e s i d e n t ; G. W. C a r m a n , C a s h i e r ;
H. P. S a p 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 .— C. E. Blood, R obert F olkerts. W illiam H. M annel, C harles Basney, S. C.

M cLouth, H ale P. Saph, G. W. C arm an, Jo h n O’L eary.

Resources.

R eport of
Ja n . 22.

„
■
R eport of
March 28.

R eport of
Ju n e 9.

R eport of
Sept. 6.

Loans and disco u n ts.................................................

§124,352 38

$131,128 36'

$136,S59 13

$125,587 77

Bonds, m ortgages and securities...........................

227,353 66

200,787 19

189,180 23

184,862 69

Prem ium s paid on b o n d s.......................... .............
O v erd rafts...................................................................

398 31

238 51

613 50

302 79

Banking h o u se............................................................

5.000 00

5,000 00

5.000 00

5.000 00

F u rn itu re and fix tu res.............................................

500 00

500 00

500 00

500 00

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities) ........................................................................

3.000 00

3 000 00

3.000 00

3.000 00

Item s in tr a n s it..........................................................

596 75

402 28

354 81

34,092 65

25,233 72

23,441 46

125 44

209 10

U nited S tates b o n d s.................................................
Due from banks in reserve cities...........................

47,854 19

Exchanges for clearing h o u se.................................
U. S. and N ational bank currency........................

10,495 00

7,872 00

9,011 00

7,433 00

Gold c o in .....................................................................

4,800 00

5,160 00

6,075 00

4,065 00

Silver co in ....................................................................

2,903 25

2,941 95

1,800 25

3,191 75

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue ac­
count .........................................................................

446 25

586 82

008 41

422 32

1,350 99

600 11

1,389 09

1,417 36

T o ta ls........................................................ ..........

§415,289 24

$383,576 38

$377,832 88

$383,845 97

Liabilities.
Capital stock paid i n ................................................

$50,000 00

$50,000 *00

$50,000 00

$50,000 00

Surplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id .......................................................

10,000 00

10,000 00

10,000 00

10,000 00

11,202 43

13,470 58

12,858 26

14,015 62

Dividends u n p a id ......................................................

60 00

Commercial deposits subject to check.................

49,192 95

38,421 59

36,471 17

39,398 87

Commercial certificates of deposit.........................

5,051 53

7,415 17

11,820 43

5,862 04

289,782 33

264,269 04

241,683 02

259,509 44

...............

15,000 00

5,000 00

$383,576 38

$377,832 88

$383,845 97

Due to banks and b an k ers......................................
Certified checks..........................................................
Cashier’s checks o u tstan d in g ..................................
Savings dep o sits.........................................................
Savings certificates of deposit................................
Notes and bills rediscounted..................................
Bills p ay ab le...............................................................

T o ta ls..........................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$415,2S9 24

STATE BANKING DEPARTMENT.

164

No. 252.
COMMERCIAL STATE BANK OF MARLETTE, MARLETTE.
Organized January 8, 1902.
A.

E.

R o b e r t W i l l i s , D . C. M e r r i l l , V i c e P r e s i d e n t s ; W. J . B a k e r ,
C a s h i e r ; D a n C. M e r r i l l , A s s i s t a n t C a s h i e r .
E. Sleeper, D. C. M errill, W. J. B aker, D. Leach. E. A. Sm ith, R obert W illis,
John McGill, D. S. McClure, W allace T aylor.

Sl e e pe k , P resid en t;

D i r e c t o r s . — A.

Resources.
Loans and d iscounts.................................................
Bonds m ortgages and

s p .p i

initios...........................

R eport of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

$76,338 83

$82,399 91

$175,598 52

$158,888 18

16,144 00

16,635 90

73,573 17

70,920 17

Overdrafts - ...............................................................

358 86

88 00

477 97

845 27

Banking house ..........................................................

4,400 00

4,400 00

4,400 00

4,400 00

F nrnitnrp and fix tu res.............................................

1,800 00

1,800 00

3,239 15

3,239 15

Other real estate
................................................
Due from other banks and bankers (not reserve
.............................................
Tferns in transit

\
2,200 97

................................................

fUnited S tates bonds

............................................
cities...........................

23,322 70

21,603 66

24,021 81

Fxchanges for clearing house.................................

60 44

139 80

38 39

224 73

TT S and N ational hank currency........................

885 00

3,348 00

6,142 00

3,045 00

Gold co in .....................................................................

1,025 00

1,100 00

4,225 00

2,030 00

Silver co in ....................................................................

786 30

431 00

935 60

696 80

N ickel s an d cen t s .......................................................
Checks, cash item s and internal revenue account
,
...........................................

17 66

36 96

95 10

274 44

T o ta ls...................................................................

$125,138 79

$131,983 23

$292,746 71

$276,221 58

Liabilities.
Capital stock paid i n ................................................

$25,000 00

$25,000 00

$40,000 00

$40,000 00

1,500 00

1,500 00

8,000 00

8,000 00

664 64

1,646 93

1,661 75

2,679 69

23,895 11

26,878 67

54,329 07

48,128 90

Blip from hanks in

t p s p t v p

Surplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id .......................................................

29,450 87

Dividends u n p a id ......................................................
Commercial deposits subject to check..................
Commercial certificates of dep o sit........................
Due to banks and b an k ers......................................
Certified checks..........................................................
Cashier’s checks o u tstan d in g ..................................
Savings deposits.........................................................

12,681 25

12,713 87

62,083 67

60,954 13

Savings certificates of d ep o sit................................

61,397 79

64,243 76

126,672 22

116,458 86

$125,138 79

$131,983 23

$292,746 71

$276,221 58

Notes and bills rediscounted..................................
Bills p ay ab le...............................................................

T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

165

STATE BANKS OF MICHIGAN.
No. 246.
*THE MARLETTE STATE! BANK, MARLETTE.
Organized August 31, 1901.
J ohn

M c G il l , P r e s id e n t;

D i r e c t o r s .—

R obert

W il l is ,

Jo h n McGill, R obert W illis,

V ice P r e s i d e n t ;

C. L .

R eport of
Jan. 22.

Resources.

Bonds, m ortgages find securities...........................

Clarence

L.

Messer,

C ashier.

M esser, Wm. W. T aylor, D. S tu a r t M cClure.
R eport of | R eport of
R eport of
March 28. j June 9. j Sept. 6.
1

$94,8S9 42

$92,856 12

69,957 49

70,275 49

2,2S8 95

4,175 55

1,439 15

1,439 15

23,733 26

21,863 93

Due from other banks and bankers (not reserve

U nited S tates bond‘d

...............
475 74

293 50

6,650 00

5,339 00

...............**...............

2,370 00

2,430 00

. , , t ...........

54 85

271 95

Nickels and ppnt.s
.....................
Checks, cash item s and internal revenue ac-

72 20

79 36

187 11

49 98

$202,124 17

$199,074 03

TT,y phang^S fnj* clearing house
jj

q

........

tind N ational hank currency

f}o]d roin
Silver coin

Totals

,

...............................................

...............
...............
...............

...............
.

—

Liabilities.
Capital stork paid in . .
Surplus fund
Undivided profits, less current expenses, interest
and taxes paid ..

$25,000 00

$25,000 00

3,000 00

3,000 00

3,240 31

4,685 03

25,754 20

28,678 88

Dividends unpaid . ..
Commercial deposits subject to check
Dommerria.l rertifirates of deposit
Due to banks and b an k ers......................................
Certified checks..........................................................
flashier\s checks outstanding' . .
Savings d ep o sits.........................................................

59,143 99

Savings certificates of dep o sit.................

83,449 67

Notes and bills rediscounted........................

54,941 14
1

82,768 98

............... ...............
...............

1,536 00

Bills p ay ab le...............................................................

T o ta ls...................................................................

$202,124 17

$199,074 03

..............

1
*Consolidated with Commercial State Bank, Mariette, May 2,1904.


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Federal Reserve Bank of St. Louis

166

STATE BANKING DEPARTMENT.
i

No. 100.

MARQUETTE COUNTY SAYINGS BANK, MARQUETTE.
Organized July 26, 1890.
N.

M.

E d w a r d X . B r e i t u n g , S. R . K a u f m a n , V i c e P r e s i d e n t s ;
W. B. M c C o m b s , C a s h i e r ; H. C. W a g n e r , A s s i s t a n t C a s h i e r .
N. M. K aufm an, S. R. K aufm an, E d w ard X. B reitung, C harles Meeske, W. B.
McCombs.

K aufm a n ,

D i r e c t o r s .—

P residen t;

Resources.

! Report of
Jan. 22.

Loans and disco u n ts.................................................

$410,316 87 |

Bonds, m ortgages and securities...........................

109,552 65 !

R eport of ! R eport of
March 28. j June 9.
$416,460 98 1 $388,014 81 |
106,658 50 |

106,931 09

R eport of
Sept. 6.
$400,300 78
106,406 09

Prem ium s paid on b o n d s.........................................
O verdrafts...................................................................
Banking ho u se............................................................

1,639 02 1

257 45

882 30 1

50,000 00

50,000 00

50,000 00 |

1,808 35
50,000 0

F urniture and fix tu res..............................................

7,692 60

7,692 60

7,692 60

O ther real e s ta te .......................................................
Due from other banks and bankers (not reserve
cities) ........................................................................

5,311 05

4,000 00 Ï

4,000 00 |

5,335 57

2,028 92

66,703 30

2,954 92

Item s in tra n s it..........................................................

11,255 53 |

4,141 68 |

16,838 78

760 40

126,324 05

90,554 97

7,692 60
4,000 00

United States b o n d s.................................................
Due from banks-in reserve cities..........; ..............

84,032 35 |

109,014 84 i

Exchanges for clearing house.................................

3,865 46

3,577 62

873 14

2,357 51

U. S. and N ational bank currency........................

12,710 00

11,745 00

12,999 00

19,090 DO

Gold co in .....................................................................

18,740 00

15,955 00

18,835 00

19,305 00

7,906 10

2,691 65-

3,081 90

1,888 55

338 03

319 00

90 00

72 01

704 23

413 61

233 18

302 89

1729,399 46

$734,956 85

$803,499 15

$707,494 07

$100,000 00

$100,000 00

$100,000 00

$100,000 00

10,000 00

' 10,000 00

10,000 00

10 000 00

5,773 12

3,743 42

4,691 51

3,401 51

371,029 63

366,055 25

448,219 33

351,414 04

1,525 00

136 55

275 55

1,890 29

15,298 52

15,922 04

3,554 79

2,055 64

Silver co in ...............................................................
Nickels and c e n ts.................................
Checks, cash item s and internal revenue acc o u n t...........................................
T o ta ls..........................................
Liabilities.
Capital stock paid i n .......... ; ...............
Surplus fu n d ...............................
Undivided profits, less current expenses, interest
and taxes p a id ..................................

•

Dividends u n p a id ...........................
Commercial deposits subject to check..................
Commercial certificates of deposit................
Due to banks and b an k ers.....................
Certified checks....................

2,605 13

Cashier’s checks o u tstan d in g ..........................
Savings dep o sits.............................
Savings certificates of d ep o sit......................

205,335 66

214,219 83

20S,033 30

216,289 59

20,437 53

24,879 76

26,118 54

22,443 00

$729,399 46

$734.956 85

$803,499 15

$707,494 07

Notes and bills rediscounted.............
Bills p ay ab le...........................
T o t a l s . .............................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

167

STATE BANKS OF MICHIGAN.
No. 137.
COMMERCIAL SAVINGS BANK OF MARSHALL, MARSHALL.
Organized May 18, 1892.
W il l ia m

J . D i d e l e , P r e s i d e n t ; E d g a r G. B r e w e r , V i c e P r e s i d e n t ; W
C ash ier;

D ir e c t o r s

B ert

L.

G a r d a n ie r , A s s i s t a n t

in t h r o p

T. P h e l p s ,

Cashier.

— Jo h n W isem an, T. B. Cronin, E d g ar G. B rew er, M. S. O Keefe, George P e rre tt,
W. T. P helps, W. E. Bosley, P. G. Seam an.
Resources.

R eport of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

Loans and disco u n ts.......................,.........................

$105,235 30'

$129,839 52

$132,194 15

$127,359 00

Bonds, m ortgages and securities...........................

503,497 16

513,229 16

520,481 27

522,056 27

4,593 79

2,700 33

1,501 18

1,445 05

500 00

500 00

800 00

800 00

480 00

360 33

124 33

United S tates b o n d s........................

10,000 00

10,000 00

10,000 00

10,000 00

Due from banks in reserve cities..

141,655 19

119,402 73

118,850 95

113,314 36

U. S. and N ational bank currency.

16,802 00

16,777 00

18,498 00

15,805 00

Gold co in ............................................

15,730 00

16,425 00

19,305 00

21,520 00

Silver co in ..........................................

2,123 35

2,388 60

2,257 60

3,169 10

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue ac­
count ............................................... .........................

476 86

455 09

39S 98

311 12

2,357 73

1,455 08

5,424 29

3,994 83

T o ta ls................................................................... :

1802,971 38

8813,652 51

SS30.071 75

$819,899 06

$50,000 00

$50,000 00

$50,000 00

$50,000 00

10,000 00

10,000 00

10,000 00

10,000 00

14,589 79

17,903 69

13,855 87

16,510 96

Commercial deposits subject to check.

112,133 61 )

104,119 21

102,710 41

95,667 28

Commercial certificates of deposit-----

18,393 11

26,310 03

23,492 40

18,998 31

627,013 07

628,716 51

$830,071 75 J

$819,899 06

Prem ium s paid on b o n d s.........................................
O v erd rafts...................................................................
Banking h o u se............................................................
F u rn itu re and fix tu res.................... .........................
O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
c ities).
Item s in tr a n s it................................

Exchanges for clearing h ouse........

Liabilities.
Capital stock paid i n ..............
Surplus fu n d ...............................................................
U ndivided profits, less current expenses, interest
and taxes p a id ........................................................
Dividends u n p a id .....................................

Due to banks and b an k ers................... .
Certified checks....................................... .
Cashier’s checks o u tstan d in g ...............
Savings d ep o sits.....................................

597,854 87

005,319 58 I

Savings certificates of dep o sit.............
Notes and bills rediscounted...............
Bills p a y a b le ................ ...........................

T o ta ls.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$802,971 38

$813,052 51

168

STATE BANKING DEPARTMENT.
No. 198.
G. W. JONES EXCHANGE BANK, MARCELLUS.
Organized July 15, 1897.
F.

S.

J o n e s, P resid en t;

G.

G. R.
D i r e c t o r s . — C.

W . K r o l l , V ice P r e s i d e n t ; C.
C l e m e n s , A s s i s t a n t C ash ier.

S.

J ones,

C ash ier;

S. Jones, F. S. Jones, Mrs. G. W. Jones, C. H. H udson, G. W. Kroll.

Resources.

R eport of
Jan. 22.

Loans and disco u n ts......................

$134,605 58

Bonds, m ortgages and securities.

57,650 80

R eport of
March 28.

$146,858 39 |
63,861 95

R eport of
June 9.

R eport of
Sept. 6.

$129,007 97

$133,131 00

69,377 35

00,284 52

Prem ium s paid on b o n d s.............
O v erd rafts........................................

51 57

30 79

161 13

149 08

B anking h o u se................................

3,000 00

3,000 00

3,000 00

3,000 00

284 13

F urniture and fix tu res..................
O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities) ........................................................................

273 50

284 13

3,733 02

741 00

38,914 44

38,051 58

29,901 54

Item s in tr a n s it................................
U nited States b o n d s........................
Due from banks in reserve cities..

48,271 81

Exchanges for clearing house........
U. S. and National bank currency.

12,747 00

12,119 00

8,242 00

9,645 00

Gold co in ............................................

4,030 00

4,570 00

5,070 00

4,925 00

Silver co in ..........................................

1,302 90

811 65

Nickels and c e n ts................................................ .. . . j
Checks, cash item s and internal revenue ac­
count ...............................................

T o ta ls.
Liabilities.
Capital stock paid i n ...............
Surplus f u n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id .......................................................

1,068 55

846 60

72 45

103 32 ]

148 66

104 96

15 26

187 26

131 61

$256,456 52

$270,619 07

$246,392 94

$258,381 33

$40,000 00

$40,000 00 !

$40,000 00

$40,000 00

10,000 00

10,000 00

10,000 00

10,000 00

374 58

2,152 84

3,198 13

2,465 75

Dividends u n p a id .....................................
Commercial deposits subject to ch eck .

71,555 36

69,617 39

65,035 65

57,334 16

Commercial certificates of dep o sit........

132,812 98

143,773 40

126,128 11

137,831 00

Due to banks and b an k ers.....................

1,713 62

5,075 44

2,031 05

10,750 42

$256,456 52

$270,619 07

$246,392 94

$258,381 33

Certified checks.........................................
Cashier’s checks o u tstan d in g .................
Savings d eposits........................................
Savings certificates of dep o sit...............
Notes and bills rediscounted..................
Bills p ay ab le..............................................
T o ta ls.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

169

STATE BANKS OF MICHIGAN.
No. 22.
FARMERS’ BANK, MASON.
Organized June 7, 1886.

L. C. W e b b , V i c e P r e s i d e n t ; A. J. H a l l , C a s h i e r ; R. C. D a r 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 .— Lew is C. Webb, J. K. E lm er, E. A. B arnes, A. J. H all, R. C. D art, Geo M.
H oyt, A. L. Rose.
R eport of
March 28.

R eport of
Jan. 22.

Resources.

R eport of
Sept. 6.

R eport of
June 9.

TiOa.ns a,nd disco u n ts.................................................

$122,355 19

$102,274 62

$109,002 36

$115,651 63

Ronds mortgages and securities...........................

34,430 90

35,281 90

41,557 90

41,394 90

Prom in ms pa,id on bonds

...................

O v erd rafts.................................................. .................

579 32

2 64

541 37

161 70

Ranking h o u se ...........................................................

4,500 00

4,500 00

4,500 00

4,500 00

800 00

800 00

800 00

951 39

951 39

951 39

951 39

3,642 17

3,682 32

1,273 05

840 83

18,247 21

45,092 72

27,245 03

20,599 66

4,535 00

8,851 00

4,643 00

2,424 00

F urniture and fixtures

.........................

O ther real e s ta te .......................................................
Due from other banks and bankers (not reserve
cities).......................................... •............................
Tterns in transit
United States bonds ’

.............
..............................

Dues from hanks in reserve citie s.......................

497 13

exchanges for clearing house.................................
U. S. and N ational bank currency........................

'

Gold co in .............. .......................................................

3,995 00

4,407 50

5,102 50

5,355 00

Silver co in ...................................................................

914 90

1,307 30

604 40

511 65

Nickels and c e n ts......................................................
Checks, cash item s and internal revenue ac­
count .......

150 60

256 56

205 70

215 11

■

60 57

1,845 54

1,481 47

T o ta ls...................................................................

1195,162 25

$209,253 49

$197,908 77

$193,109 00

Liabilities.
Capital stock paid i n ............................. ...................

$50,000 00

$50,000 00

$50,000 00

$50,000 00

10,000 00

10,000 00

10,000 00

10,000 00

9,892 92

11,300 87

12,792 29

12,132 65

Commercial deposits subject to clieck.................

79,419 30

89,334 69

77,865 29

71,094 33

Commercial certificates of dep o sit........................

45,850 03

48,617 93

47,251 19

49,882 02

$209.253 49

SI97.90S 77

Surplus f u n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id .......................................................
Dividends u n p a id ........

Due to banks and hankers.
Certified checks
Cashier's checks outstanding
Savings deposits
Savings certificates of deposit
Notes and bills rediscounted..................................
Rills payable

T o ta ls...................................................................

$195.162 25
1

P re s id e n t deceased, successor n o t y e t elected .

22


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$193.109 00
i

170

STATE BANKING DEPARTMENT.
No. 107.
FIRST STATE AND SAVINGS BANK, MASON.
Organized October 27, 1890.

O. W.

H a l s t e a d , P r e s i d e n t ; L.
H arry

C. W e S b , V i c e P r e s i d e n t ; F . E. Db n sm o r b , C a s h i e r ;
J. B o 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 . — L. C. Webb, O. W. H alstead, C harles J. R ayner, F. E. Densm ore, D. r .
W hitm ore.
R eport of
Jan. 22.

'Resources.

R eport of
March 28.

R eport of
Ju n e 9.

R eport of
Sept. 6.

!
Loans and disco u n ts.................................................

$72,745 49

Bonds, m ortgages and securities...........................

76,655 74

85,048 04 I

114 74

107 95 1

$68,151 06

$62,508 07

$66,393 81

82,529 57

82,414 57

228 45

80 61

Prem ium s paid on b o n d s.........................................
O v erd rafts...................................................................

•

Banking h o u se............................................................
F u rn itu re and fix tu res..............................................

1,000 00

1,000 00

1,000 00

1,000 00

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities)........................................................................

1,526 19

5,596 03

1,625 35

1,548 30

34,369 68

13,422 56

22,976 87

16,123 77

Item s in tr a n s it..........................................................
United States b o n d s.................................................
Due from banks in reserve cities...........................
Exchanges for clearing house.................................
U. S. and N ational bank currency ........................

8,524 00

6,230 00

4,420 00

5,322 00

5,195 00

5,205 00

4,860 00

5,330 00

2,281 35

1,051 60

1,108 05

1,162 00

74 94

161 82

109 20

118 86

700 65

292 10

7 65

$202,487 13

$186,674 71

$181,657 66

$179,501 57

$25,000 00

$25,000 00

$25,000 00

$25,000 00

5,000 00

5,000 00

5,000 00

5,000 00

16,428 42

16,533 05

17,855 97

18,517 86

Commercial deposits subject to check .................

91,924 57

72,591 96

74,361 02

71,273 16

Commercial certificates of dep o sit.........................

64,134 14

67,549 70

59,440 67

59,710 55

Gold co in .............................................................
Silver co in ...............................................................
Nickels and c e n ts....................................................
Checks, cash item s and internal revenue adcount ..................................
T o ta ls...........................................................
.......................................................
•
Liabilities.
Capital stock paid i n ..........................................
Surplus f u n d .......................
Undivided profits, less current expenses, interest
and taxes p a id .......................................

'

■

Dividends u n p a id ...................................

Due to banks and b a n k e rs.........................
Certified checks..........................
/

Cashier’s checks o u tstan d in g ..........................

,

Savings d ep o sits.................................
Savings certificates of d ep o sit.............
Notes and bills rediscounted........................
Bills p a y a b le ..............................................

T o ta ls..................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$202,487 13

$186,674 71

$181,057 66

$179,501 57

171

STATE BANKS OF MICHIGAN.
No. 168.
FIRST STATE BANK OF MENDON, MENDON.
Organized February 14, 1894.
J o s i a h W o l f , P r e s i d e n t ; S.
E. L.
D i r e c t o r s .— Wm.

J.

W o l f , V ice P r e s i d e n t ; F r a n k W o l f , C a sh ie r ;
E s t e s , A s s i s t a n t C ashier.

B eard. F ra n k Wolf, W. L. Thom s, Jo sia h W olf, Sam uel J. W olf, M. C.
Flew elin.
R eport of
Jan. 22.

Resources.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

Loans and disco u n ts.................................................

$82,000 16.

$81,681 77

$80,450'95

$88,621 29

"Ronds, m ortgages and securities...........................

47,322 58

48,917 58

47,590 08

49,082 08

...............................................

51 91

407 42

18 23

Banking h o u se............................................................

1,500 00

1,500 00

1,500 00

1,500 00

F u rn itu re and fix tu re s.. . . ......................................

1,000 00

1,000 00

1,000 00

1,000 00

O verdrafts

339 30
Other real estate
Due from other banks and bankers (not reserve
cities)..
.........................................................
Item s in tr a n s it..........................................................

10,000 00

2,370 69

981 20

2,359 70

1,374 66

712 00

23,476 09

27,781 57

26,002 90

26,100 53

United States bonds
Due from banks in reserve cities...........................
FiXcha.nges for clea,ring h o u se ...
U. S. and N ational bank currency........................

5,187 00

5,223 00

3,942 00

4,076 00

Gold co in .....................................................................

2,672 50

1,757 50

1,987 50

2,595 00

Silver co in ...................................................................

1,617 25

1,029 75

884 25

1,005 60

Nickels and c e n ts......................................................
Checks, cash items and internal revenue acc o u n t. . .

125 58

175 21

175 53

186 82

T o ta ls...................................................................

8166,273 57

$171,833 50

$174,926 10

$177,230 01

Liabilities.
Capital stock paid i n ................................................

$15,000 00

$15,000 00

$15,000 00

$15,000*00

6,000 00

6,000 Ò0

6,000 00

6,000 00

147 38

777 17

1,376 24

1,891 35

Commercial deposits subject to check.................

45,592 86

25,088 61

25,838 ’75

34,813 13

Commercial certificates of deposit.........................

5,149 75

19,598 67

29,292 52

19,353 52

’■4

Surplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id .......................................................
Dividends u n p a id ......................................................

Due to banks and b an k ers......................................
Certified checks..........................................................
Cashier’s checks o u tstan d in g ..................................
Savings d eposits........................................................
Savings certificates of dep o sit................................

.

2,864 80

2,757 05

2,S46 92

2,715 79

91,518 78

102,612 00

94,571 67

97,456 22

$166,273 57

$171,833 50

$174,926 10

$177,230 01

Notes and bills rediscounted..................................
Bills p ay ab le...............................................................

T o ta ls..................................... .............................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

172

STATE BANKING DEPARTMENT.
No. 285.
STATE BANK OF MERRILL, MERRILL.
Organized February 13, 1904.

J.

H.

W h it n e y ,

P resid en t:
R.

D i r e c t o r s . — J.

D . S. M a s o n , V ice P r e s i d e n t ;
B . B e a v e r , A s s i s t a n t C ashier.

B.

T.

M aynakd,

C ash ier;

H. W hitney, D. S. M ason, Thos. Doyle, Jam es H. H udson, Jam es Jo rd an ,
W illiam Pohl, R. T. M aynard.
Resources.

Report of 1 R eport of
Jan. 22.
March 28.
1

R eport of
June 9.

v R eport of
Sept. 6.

Loans and disco u n ts.................................................

$36,644 71

$41,082 68

$45,261 13

Bonds, m ortgages and securities...........................

10,667 97

10,667 97

11,467 97

Prem ium s paid on b o n d s.........................................
O v e rd ra fts ...................................................................

156 43

126 37

971 90

Banking h o u se............................................................

2,600 00

2,600 00

2,600 00

F urn itu re and fix tu res..............................................

1,000 00

1,000 00

1,000 00

9,231 15

9,857 97

7,805 38

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities) U. S. T reasu rer........................................
Item s in tr a n s it.............................................
U nited States b o n d s.....................................

...............

Due from banks in reserve cities...........................
Exchanges for clearing h ouse.................................
U. S. and N ational bank currency ........................

3,213 00

3,346 00

• 1,809 00

Gold co in ..........................................

710 00

865 00

1,470 00

Silver co in ...............................

466 90

303 95

591 60

53 56

78 00

38 38

$64,743 72

$69,927 94

$73,015 36

12,350 00

16,120 00

20,000 00

676 46

1,205 86

20,368 49

20,598 21

15,975 54

31,348 77

32,003 87

35,446 37

Nickels and c e n ts..............
Checks, cash item s and internal revenue ac­
count ......................

T o ta ls...................................
Liabilities.
C apital stock paid i n ...............................
Surplus f u n d ...........................
Undivided profits, less current expenses, interest
and taxes p a id ......................

500 00
537 25

Dividends u n p a id .......................
Commercial deposits subject to check ...........
Commercial certificates of dep o sit. . . .

•

Due to banks and b an k ers...................

556 20

Certified checks..............
•

Cashier’s checks o u tstan d in g .....................
Savings dep o sits.............................
Savings certificates of d ep o sit.................
Notes and bills rediscounted......................
Bills p a y ab le.....................

T o ta ls...........................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$64,743 72

$69,927 94

$73,015 36

173

STATE BANKS OF MICHIGAN.
No. 274.
THE FARMERS’ STATE BANK OF MIDDLEVILLE.
Organized April 28, 1903.
S im o n H e i s t ,

P resid en t;

W. .7.
C . A.

R o bertsen ,
R o bertsen ,

V ice P r e s id e n t; J o h n .
A s s i s t a n t Cashier.

G. N agler , C a s h i e r ;

H eist. W. J. Robertsen, R. T. F rench, W. J. H ayw ard, G. E. G ardner,
H. E. T u rn er, Jo h n J. W add, W. R. H arper, T. W. R onan, Jo h n G. N agler.

D i r e c t o r s . — Simon

Resources.

R eport of
Ja n . 22.

R eport of
M arch 28.

R eport of
Ju n e 9.

R eport of
Sept. 6.

Loans and disco u n ts.................................................

$99,353 06

$126,085 12

$137,865 45

$129,524 34

Bonds, m ortgages and se cu rities...........................

72,937 98

74,658 48

74,580 48

79,242 98

Prem ium s paid on b o n d s,.....................................
Expenses, interest, taxes p aid ...............................

1,589 88 I

251 85 I
297 42

33 72

B anking h o u se...........................................................

4,000 00

4,000 00

4,000 00

4.000 00

F urniture and fix tu res...............................................I

3,057 92

3,057 92

3,057 92

3.000 00

Other real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities)......................................................................... j

2,906 78

998 98

2,499 72

2,187 97

46,969 73

31,930 34

18,284 21

38,385 78

U. S. and N ational bank currency........................

10,433 00

12,740 00

10,610 00

5,000 00

Gold co in .....................................................................

3,377 00

3,858 00

4,647 00

5,387 00

Silver co in .....................................................................j

700 95

1,693 55

1,681 50

754 15

Nickels and c e n ts......................................................
Checks, cash item s and internal revenue ac­
co u n t.............................................................. ..

57 11

107 07

68 61

51 42

80 66

938 64

297 14

213 90

$245,464 07

$260,319 95

$257,889 45

$267,781 26

$37,000 00

$37,000 00

$37,000 00

$37,000 00

O v erd rafts...................................................................

Item s in tr a n s it........................................................... j
United States b o n d s.................................................
Due from banks in reserve cities...........................
Exchanges for clearing h o u se.................................

Totals
Liabilities.
Capital stock paid i n ..................................'.............

400 00

Surplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id .......................................................

883 38

54 42
110 00

Dividends u n p a id ......................................................
Commercial deposits subject to check..................

42,644 40

26,367 18

26,861 26

30,570 46

Commercial certificates of deposit........................

82,698 00

98,976 18

89,782 61

85,872 85

83,121 67

97,976 59

103,362 20

113,773 53

$260,319 95 I $257,889 45

$267,781 26

Due to banks and b an k ers......................................
Certified checks..........................................................
Cashier’s checks o u tstan d in g ..................................
Savings dep o sits.........................................................
Savings certificates of d e p o s it..............................
Notes and bills rediscounted..................................
Bills p ay ab le...............................................................
Totals


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$245,464 07

174

STATE BANKING DEPARTMENT.
No. 113.
*STATE BANK OF MIDDLEVILLE, MIDDLEVILLE.
Organized February 17, 1891.

J ohn

M i n e r S. K e e l e r , V i c e P r e s i d e n t ; W. A. S e v e r a n c e , C a s h i e r .
E. K eeler, M iner S. K eeler, Jo h n Campbell, W. A. Severance, E a rl S. C lark.

Ca m pb e l l , P residen t;

D i r e c t o r s . — W.

j R eport of
Jan. 22.

Resources.

R eport of
March 28.

R eport of
June 9.

Loans and disco u n ts................................................. .........................
Bonds, mortgages and securities...........................

530 00

Prem ium s naid on b o n d s.........................................
O v erd rafts................................................................... !.......................
Banking h o u se............................................................
F u rn itu re and fix tu res..............................................
E xp en ses......................................................................

116 34

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities) ........................................................................

5,268 29

.

Item s in tr a n s it..........................................................
United States b o n d s.................................................
Due from banks in reserve cities...........................

251 36

Exchanges for clearing house.................................
U. S. and National bank currency ........................
Gold co in .....................................................................
Silver co in ....................................................................
Nickels and c e n ts................................................ .. ..
Checks, cash item s and internal revenue ac­
count .........................................................................

T o ta ls...................................................................

26,500 00

$32,665 99

............... ..
—

Liabilities.
C apital stock paid i n ................................................

$25,000 00

Surplus f u n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id .......................................................

4,250 00

Dividends u n p a id ......................................................
Commercial deposits subject to check .................

1,319 38

Commercial certificates of deposit.........................

1,033 61

Due to banks and b an k ers......................................
Certified checks......................................... ..

j ....

Cashier’s checks o u tsta n d in g .................................
Savings dep o sits.........................................................

205 00

Savings certificates of dep o sit................................

858 00

Notes and bills rediscounted..................................
Bills p ay ab le...............................................................
T o ta ls.. .........................................................

I

$32.665 99

♦Voluntary liquidation December 22, 1903. Liquidation effected March 4, 1904.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

'

R eport of
Sept. 6.

175

STATE BANKS OF MICHIGAN.
No. 97.
MIDLAND COUNTY SAVINGS BANK, MIDLAND.
Organized September 10, 1886.
S tew art

B.

G ordon, P resid en t;

D i r e c t o r s . — George

Charles

B r o w n , V ice P r e s i d e n t ;

Resources.

I oans and discounts .........................................
Bonds m ortgages find securities...........................

•Overdrafts

D. W.

C h a s e , Treasurer.

Peck. Ctiilrles Brown. S te w a rt B. Gordon, D aniel Y . Chase, Y in. D.
Gordon.
R eport of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

$94,868 04

$100,099 65

$96,145 17

$96,582 56

59,310 35

61,885 35

58,913 03

60,479 05

.........................................................

1,291 78

892 87

1,706 37

1,172 66

..................................

9.000 00

9.000 00

9.000 00

9.000 00

B anking h nnse

F urniture and fixtures..............................................

1.000 00

1.000 00

1.000 00

1.000 00

G th er real e s ta te ........................................................
Due from other banks and bankers (not reserve

9,345 72

9,361 74

9,361 74

9,361 74

FHio from hnnks in reserve cities...........................

46,869 80

60,273 89

54,465 15

32,282 70

...............
TT p anti N ational hank currency ........................

3,825 00

8,029 00

7,752 00

4,181 00

•Gold co in .....................................................................

1,390 00

1,970 00

2,840 00

3,602 50

Silver co in ....................................................................

1,189 80

1,708 75

586 95

744 80

Nickels and c e n ts......................................................
Checks, cash item s and internal revenue acc o u n t........................................................................

239 18

267 61

213 73

104 93

224 37

1,188 70

184 20

584 06

$228,554 04

$255,677 56

$242,168 34

T o ta ls...................................................................

$219,096 00
—

Liabilities.
•Capital stock paid i n ................................................

$25,000 00

$25,000 00

$25,000 00

$25,000 00

2,250 00

2,250 00

2,250 00

2,700 00

5,260 80

6,715 10

8,047 68

8,926 07

88,342 73

105,433 73

85,840 77

66,979 20

Savings dep o sits........................................................

67,198 58

70,218 47

75,652 48

70,476 51

.Savings certificates of dep o sit................................

40,501 93

46,060 26

45,377 41

45,014 22

$228,554 04

$255,677 56

$242,168 34

Surplus fu n d ...............................................................
U ndivided profits, less current expenses, interest
and taxes p a id .......................................................
dividends unpaid
>C.nmmercia! deposits subject to check..................
'Commercial certificates of deposit,
p ^ p to banks and bankers
Certified checks
■Cashier's checks outstanding

Nofes and bills rediscounted
Bills payable.

T........................................

T o ta ls..................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$219,096 00
1

176

STATE BANKING DEPARTMENT.
No. 77.
FARMERS AND MERCHANTS’ BANK OF MILAN, MILAN.
Organized December 31, 1889.

W. H. i W

h it m a e s h

, P residen t;

,
D i r e c t o r s . — W.

G. A.

C. H.

W il s o n , V ice P r e s i d e n t ;
D e n n is o n , A s i s s t a n t C ashier.

M.

H.

H a c k , C a sh ier;

H. W h itm arsh , C. H. W ilson. T. W. B arnes, O. A. Kelley, M. H. Hack.
R eport of
Jan. 22.

R eport of
March 28.

Loans and disco u n ts.................................................

$146,404 26

$141,231.96

Bonds, m ortgages and securities...........................

42,859 28

43,059 50

44,959 50

46,147 43

Resources.

R eport of
Ju n e 9.

R eport of
Sept. 6.

.
$138,929 46 i

$139,396 41

Prem ium s paid on b o n d s.........................................
O v erd rafts...................................................................

2,698 86

1,115 53

2,352 07

3,712 02

Banking h o u se............................................................

3,500 00

3,500 00

3,500 00

3,500 00

F urniture and fix tu res..............................................

1,959 81

1,952 41

1,938 66

1,823 41

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities) ........................................................................

5,300 05

5,232 21

5,172 40

5,172 40

25,288 19

16,404 88

26,67 1 35

19,877 65

Item s in tr a n s it..........................................................
U nited States b o n d s.................................................
Due from banks in reserve cities...........................
Exchanges for clearing house.................................
U. S. and N ational bank currency........................

3,781 00

2,450 00

5,126 00

4,338 00

Gold co in .....................................................................

9,650 00

11,402 50

11,427 50

10,122 50

Silver co in ....................................................................

1,494 70

975 05

810 50

1,118 00

Nickels and c e n ts.................. ....................................
Checks, cash items and internal revenue ac­
count .........................................................................

174 38

198 77

192 58

234 41

168 95

29 00

72 37

T o ta ls...................................................................

$242,810 53

$227,691 76

$241,115 02

$235,514 00

Liabilities.
Capital stock paid i n ................................................

$25,000 00

$25,000 00

$25,000 00

$25,000 00

5,000 00

5,000 00

5,000 00

10,000 00

9,935 68

10,644 24

11,661 90

7,066 58

Surplus f u n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id .......................................................
Dividends u n p a id ......................................................

60 00

Commercial deposits subject to check..................

43,545 63

36,539 95

35,210 55

37,533 96

Commercial certificates of dep o sit........................

132,345 24

148,578 59

162,274 35

153,931 84

1,923 98

1,928 98

1,968 22

1,982 22

$227,691 76

$241,115 02

$235,514 60

Due to banks and b an k ers............ .........................
Certified checks..........................................................
Cashier’s checks o u tstan d in g ..................................
Savings dep o sits.........................................................
Savings certificates of dep o sit................................
Notes and bills rediscounted...................................
Bills p ay ab le...........................................................

25,000 00

T o ta ls...................................................... *. .

$242,810 53


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

STATE BANKS OF MICHIGAN.

177

No. 288.
THE MINDEN CITY STATE BANK, MINDEN.
Organized May 5, 1904.
I ra

A rnot,

D i r e c t o r s .— I r a

P resid en t;

J ohn

B low er,

A rnot, Jo h n Blower,

E.

Resources.

V ice P r e s i d e n t ;

R.

B.

Mark,

Cashier.

M. M ark, M yra A rn o t M ark, R. B. M ark.
R eport of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

Loans and disco u n ts.................................................

$55,977 26

$54,131 69

Bonds, m ortgages and securities...........................

24,339 05

18,351 05

Prem ium s paid on b o n d s.........................................
O v erd rafts...................................................................

10

86 31

Banking h o u se............................................................

2,000 00

2,000 00

F urn itu re and fix tu res..............................................

1,500 00

1,500 00

O ther real e s ta te .......................................................
Due from other banks and bankers (not reserve
cities) ........................................................................

886 25

4,470 24

830 45

_ 9,780 63

U. S. and N ational Bank C urrency.......................

9,013 00

1,201 00

Item s in tr a n s it..........................................................
United S tates b o n d s.................................................
Due from banks in reserve cities...........................
Exchanges for clearing h o u se................................

1,114 30

Gold co in .....................................................................

315 00

270 00

Silver co in ....................................................................

58 75

41 75

Nickels and c e n ts......................................................
Checks, cash item s and internal revenue ac­
count ........................................................................

13 55

6 84

291 66

T o ta ls...................................................................

$95,225 07

$95,953 81

Liabilities.
Capital stock paid i n ................................................

$20,000 00

$20,000 CO

2,000 00

2,000 00

1,215 22

52 37

Surplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id ........................................................
Dividends u n p a id ......................................................
Commercial deposits subject to check..................

18,594 41

8,059 03

Commercial certificates of deposit........................

53,415 44

65,842 41

$95,225 07

$95,R53 81

Due to banks and b an k ers......................................
Certified checks...........................................................
Cashier’s checks o u tstan d in g ..................................
Savings dep o sits........................................................
Savings certificates of dep o sit................................
Notes and bills rediscounted..................................
Bills p ay ab le...............................................................
T o ta ls...................................................................

23


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

STATE BANKING DEPARTMENT.

178

No. 202.
WAKEFIELD STATE BANK, MORENCI.
Organized January 10, 1898.
C. C.

W a k e f ie l d ,

P residen t;
Ca sh

D i r e c t o r s .— C.

F r a n k E. C a w l e y , V i c e P r e s i d e n t ;
E. W a k e f i e l d , A s s i s t a n t C a s h i e r .

Bonds m ortgages and securities ..............................

O verdrafts

W il s o n ,

C. W akefield, .7. O. W akefield, C ash E. W akefield, F. E. Cawley,

Resources.

B anking bmisp.

C. A.

R eport of
Ja n . 22.

R eport of
March 28.

C ash ier;

C. A. W ilson.

R eport of
June 9.

R eport of
Sept. 6.

8177,401 27

$162,208 31

$154,615 43

$160,478 79

174,045 90

183,131 17

175,381 17

176,542 17

.........................................................

222 44

518 57

6 12

5 15

.........................................................

5.000 00

5.000 00

5.000 00

5.000 00

2.000 00

2.000 00

2.000 00

2.000 00

48,385 71

41,321 64

31,774 57

36,360 45

Due from other banks and bankers (not reserve

P u e from banks in reserve cities...........................
T?vnViom£mc fnv r*lpii."rin P" VimISP.

U S and N ational bank currency........................

12,899 00

13,290 00

13,708 00

13,147 00

Gold co in .....................................................................

2,820 00

4,045 00

4,545 00

5,527 50

Silver co in ...................................................................

1,643 35

1,301 20

819 85

879 20

Nickels and c e n ts ............................................................
Checks, cash item s and internal revenue acc o u n t ...............................................................................

135 70

139 85

164 32

173 75

256 55

97 15

198 24

T o ta ls...................................................................

$424,553 37

$413,212 29

$388,111 61

$400,312 25

' Liabilities
Capital stock paid i n .....................................................

$30,000 00

$30,000 00

$30,000 00

$30,000 00

6,000 00

6,000 00

6,000 00

6,000 00

1,577 05

4,152 63

5,585 05

8,801 73

Commercial deposits subject to check ...................

66,173 22

51,026 39

40,692 93

45,982 38

Commercial certificates of dep o sit ...........................

11,367 77

24,630 65

13,329 67

8,572 91

309,435 33

297,402 62

292,503 96

300,955 23

$424,553 37

$413,212 29

$388,111 61

$400,312 25

Surplus fu n d .....................................................................
Undivided profits, less current expenses, interest
and taxes p a id .............................................................
Dividends u n p a id ...........................................

Due to banks and b an k ers ..........................................
Certified checks..........................................................
Cashier’s checks o u tstan d in g .....................................
Savings dep o sits ..............................................................
Savings certificates of deposit ...................................
Notes and bills rediscounted ......................................
Bills p a y a b le ................................................................
T o ta ls ............................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

1

179

STATE BANKS OF MICHIGAN,
No. 222.
CITIZENS’ SAVINGS BANK, MT. CLEMENS.
Organized May 10, 1900.
A. T.

D o n a ld so n ,

P r e s id e n t ; G e o r g e H . N ic h o l s , V ice P r e s i d e n t ; T
S e c o n d V ice P r e s i d e n t ; M il o W . D a v is , C ashier.

homas

W.

New ton,

D ir e c t o r s . —

A ndrew T. D onaldson, Milo W. D avis, George H. Nichols, Thos. W. N ew ton,
W illiam S. D onaldson, W illiam F. Nank, Joseph M athew s, Jo h n S. P a g a n e tte , A. P. Grim.
Resources.

R eport of
Jan. 22.

R eport of
March 28.

R eport of
Sept. 6.

Roans and discounts.................................................

$197,028 82

$208,755 45

$195,217 88

$190,805 28

Ronds m ortgages a,nd securities...........................

54,438 00

68,238 00

72,765 67

71,390 67

R eport of
June 9.

Prem ium s paid on b o n d s.........................................
O v erd ra fts.. T . T.......................................................

1,903 42

651 99

352 06

499 52

Ranking h ouse............................................................

17,000 00

17,000 00

17,000 00

17,000 00

F urn itu re and fixtures..............................................

4,000 00

4,000 00

4,000 00

4,000 00

24,431 91

15,965 79

29,164 46

27,116 24

O ther real estate ......................................................
Due from other banks and bankers (not reserved
cities)
.......................................................
Item s iu transit,..........................................................
United S tates b o n d s.................................................
One. frorrt banks in reserve cities...........................
Fxchanges for clearing house.................................
TT S and National hank ourrenov........................

9.630 00

3,593 00

5,682 00

10,463 00

Oold co in .....................................................................

2.630 00

4,620 00

6,190 00

6,090 00

Silver co in ....................................................................

850 65

759 20

974 05

1,248 55

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue acc o u n t.........................................................................

405 36

481 10

294 78

312 61

464 97

1,303 63

411 90

832 94

T o ta ls...................................................................

$312,783 13

$325,368 16

$332,052 80

$329,758 81

Liabilities.
Capital stock paid i n ................................................

$50,000 00

$50,000 00

$50,000 00

$50,000 00

4,500 00

4,500 00

4,500 00

5,000 00

2,391 02

4,404 65

4,297 25

3,785 98

83,391 64

85,644 43

73,661 10

2,584 97

267 49

S urplus f u n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id .......................................................
................................

40 00

Commercial deposits subject to check..................

81,615 90

Oividends unpaid

Commercial certificates of deposit.........................
One to banks and b an k ers......................................
Certified checks..........................................................
1,390 00

Cashier’s checks outstanding .
Ravings d eposits.........................................................

120,910 07

126,205 95

133,985 06

145,637 68

.Ravings certificates of deposit................................

53,326 14

55,475 92

46,041 09

51,406 56

Notes and bills rediscounted...................................
5,000 00

Rills payable t , , TT. T...........................................

T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$312,783 13

$325.368 16

$329,758 81

$332,052 80
1

180

STATE BANKING DEPARTMENT.
No. 51.
MOUNT CLEMENS SAVINGS BANK, MOUNT CLEMENS.
Organized May 30, 1877.

O l iv e r

C h a p a t o n , P r e s id e n t ; F r e d e r ic k

G . K e n d r i c k , V i c e P r e s i d e n t ; G e o r g e A . S k i n n e r ,,

C ash ier.
D i r e c t o r s .— A ndrew

G reiner, F. G. K endrick, O liver C hapaton, Jo h n Raskoop, W illiam C ot­
trell, T ra u g o tt L ungershausen, Jo h n T. Nunneley, Jo h n S herm an, B yron R. E rskine.
Resources.

R eport of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

Loans and disco u n ts.................................................

$488,739 09

$468,684 65

$484,522 92

$503,413 20

Bonds m ortgages and securities...........................

395,976 10

405,976 10

403,111 10

406,514 10

Prem ium s pair! on b o n d s.........................................
O v erd rafts...................................................................

776 98

377 76

45 63

82

Ranking h o u se............................................................

■25,000 00

25,000 00

25,000 00

25,000 00

F u rn itu re and fix tu res.............................................

3,400 00

3,400 00

3,400 00

3,400 00

Other real e s ta te ............... ........................................
Due from other banks and bankers (not reserve
cities) ........................................................................
3,805 08

Item s in tr a n s it..........................................................

451 50

United States b o n d s.................................................
Due from banks in reserve cities...........................

117,801 83

154,207 04

134,516 40

144,638 81

Exchanges for clearing; h ouse................................
TT S and National Bank C urrency.......................

12,186 00

15,738 00

16,677 00

10,440 00

Gold co in .....................................................................

34,862 50

35,807 50

38,407 50

41,025 00

Silver co in ....................................................................

1,188 00

1,372 75

2,664 75

1,571 00

Nickels and c en ts.......................................................
Checks, cash item s and internal revenue acc o u n t.........................................................................

67 62

52 20

238 20

116 89

3,727 13

3,018 24

2,256 06

341 47

T o ta ls. .................................................................

$1,083,725 25

$1,117,439 32

$1,110,839 56

$1,136,912 79

Liabilities.
Capital stock paid i n .................................................

$50,000 00

$50,000 00

$50,000 00

$50,000 00

Surplus fu n d ...............................................................
U ndivided profits, less current expenses, interest
and taxes p a id ........................................................

10,000 00

10,000 00

10,000 00

50,000 00

74,802 38

80,530 65

85,435 91

52,533 59

Dividends u n p a id ......................................................

100 00

Commercial deposits subject to check.................

127,477 70

156,221 51

160,413 60

163,066 43

Commercial certificates of deposit........................

1,231 66

1,231 66

1,231 66

1,166 66

Due to banks and b an k ers......................................

739 31

4,288 25

831 68

Certified checks..........................................................

5,134 00

Cashier’s checks o u tstan d in g ..................................

140 00 ..

1,785 56

233 81

Savings deposits.........................................................

695,715 72

693,195 64

682,140 86

710,555 02

Savings certificates of deposit................................

124,257 79

120,386 55

115,543 72

102,525 60

$1,083,725 25

$1,117,439 32

$1,110,839 56

$1,136.912 79

Notes and bills rediscounted...................................
Bills p ay ab le...............................................................
T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

STATE BANKS OF MICHIGAN.

181

No. 158.
ULLRICH SAVINGS BANK, MOUNT CLEMENS.
Organized May 12, 1893.
J. O l d e , P r e s i d e n t ; W m . D. W t lso n , R e u b e n C. U l l r ic h , V i c e P r e s i d e n t s ;
P a u l J. U l l r i c h , C a s h i e r .
D ir e c t o r s .— P au l J. U llrich, A. M a rtin K eeler, Wm. D. W ilson, E rn s t J. Olde, O scar C.
L u ngerhausen, Reuben C. U llrich, Jo h n P rieh s, F ra n k E. N ellis, F ra n cis P . U llrich.
l
!
R eport of
R eport of
R eport of 1 R eport of
March 28.
Resources.
Jan. 22.
June 9. j Sept. 6.
E rnst

Loans and discounts.................................................

$345,263 18

$341,639 85

35351 632 30 l

35325 301 72

Bonds, m ortgages and securities...........................

293,996 86

286,651 77

293,721 27

294,579 27

Prem ium s paid on b o n d s.........................................
O v erd ra fts...................................................................

1,050 87

1,177 07

579 37

761 40

Banking h o u se............................................................

8,000 00

8,000 00

8,000 00

8,000 00

1,140 00

1,140 00

3,386 07

2,246 07

F u rn itu re and fix tu res..............................................
O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities)........................................................................
Item s in tr a n s it..........................................................

190 50

U nited S tates b o n d s.................................................
Due from banks in reserve cities...........................

88,547 84

84,268 11

46,312 80

60,886 96

Exchanges for clearing h ouse.................................
U. S. and N ational bank currency........................
Gold co in .................................................................
Silver co in .......................................................
Nickels and c en ts..............................................
Checks, cash item s and internal revenue ac­
count ............................................................
T o ta ls......................................................
Liabilities.
Capital stock paid i n ...........................
Surplus fu n d ..........................................
U ndivided profits, less current expenses, interest
and taxes p a id ..............................
Dividends u n p a id ...............................
Commercial deposits subject to check........
Commercial certificates of deposit..........
\
Due to banks and b an k ers.................
Certified checks......................

5,939 00

7,779 00

8,376 00

19,710 00

29,070 00

26,360 00

25,035 00

22,540 00

1,159 20

1,387 50

2,232 95

3,037 90

399 87

309 39

441 10

667 55

927 99

1,956 45

1,108 17

1,077 85

$775,494 81

$760,669 14

$741,015 53

$738,811 72

$100,000 00

$100,000 00

$100,000 00

$100,000 00

„ 20,000 00

20,000 00

20,000 00

20,000 00

41,g90 30

47,621 68

46,572 21

48,718 01

120 00

120 00

151,837 75

131,346 54

112,772 10

119,280 09

889 39
18 38

1,557 76
139 15

Cashier’s checks o u tsta n d in g .. . .

89 15

Savings dep o sits.............................

397,453 20

405,540 06

395,021 69

382,803 93

63,196 64

55,901 71

65,091 77

68,009 69

$775,494 81

$760,669 14

$741,015 53

$738,811 72

Savings certificates of deposit.............
Notes and bills rediscounted...........
Bills p ay ab le....................

T o ta ls...........................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

STATE BANKING DEPARTMENT.

182

No. 170.
EXCHANGE SAVINGS BANK, MOUNT PLEASANT.
Organized May 1, 1894.
G e o . A. D u s e n b u r y , P r e s i d e n t ; A. B. G o r h a m , V i c e P r e s i d e n t ; C. A. K ello g g , C a s h i e r ;
R. B. D u s e n b u r y , A s s i s t a n t C a s h i e r .
D ir e c t o r s .— George A. D usenbury, D. H. Nelson. Levi N. Sm ith. Jo h n K inney, C harles M.

Brooks, W illiam

C. D usenbury, A. B. Gorham .

Resources.

R eport of
Jan. 22.

R eport of
June 9.

R eport of
March 28.

R eport of
Sept. 6.

Loans and disco u n ts........... .....................................

$132,190 19

$141,581 22

$138,199 13

$134,958 33

Bonds, m ortgages and securities...........................

70,628 95

71,728 95

73,829 95

73,574 45

P rem iu m s paid on b o n d s...............

O v erd rafts...................................................................

92 13

19 08

16 75

20 72

Banking h o u se............................................................

6,503 85

6,503 85

6,503 85

6,503 85

F u rn itu re and fix tu res..............................................

1,983 19

1,983 19

1,983 19

1,983 19

16 44

1,257 50

Other real estate
Due from other banks and bankers (not reserve
cities) ..........
Item s in tr a n s it. . . . . . .
U nited States b o n d s..................................................

1,600 00

1,600 00

1,600 00

1,600 00

Due from banks in reserve cities...........................

41,149 84 •

45,806 00

46,291 83

39,650 79

Exchanges for clearing house.................................

4,936 74

2,742 66

1,685 66

1,189 71

U. S. and N ational bank currency ........................

12,615 00

9,870 00

6,020 00

6,528 00

Gold co in .....................................................................

3,060 00

3,000 00

3,020 00

3,035 00

Silver co in ....................................................................

305 00

317 00

370 00

935 00

Nickels and c e n ts ......................................................
Checks, cash item s and internal revenue ac­
count .........................................................................

289 93

145 22

72 45

168 49

18 50

14 35

6 36

4 60

T o ta ls...................................................................

$275,389 76

$286,569 02

$279,599 17

$270,152 13

Liabilities.
Capital stock paid i n ............ ."................................

$50,000 00

$50,000 00

$50,000 00

$50,000 00

9,234 35

9,234 35

9,234 35

10,000 00

718 21

2,365 89

4,011 94

2,393 52

87,597 14

81,842 38

47 50

63 42

Surplus f u n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id ........................................................
D ividends u n p a id ___■................................

M

750 00

Commercial deposits subject to check .................

94,876 98

96,868 37

Commercial certificates of dep o sit.........................

258 00

258 00

47 50

47 50

Due to banks and b an k ers......................................
Certified checks..........................................................
Cashier’s checks o u tstan d in g ..................................
Savings d ep o sits.........................................................

16,223 51

18,399 22

22,826 85

20,606 79

Savings certificates of d ep o sit................................

103,281 21

109,395 69

105,881 39

105,246 02

$275,389 76

SSSfififiQ no

Notes and bills rediscounted...................................
Bills p ay ab le...............................................................
T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

«979 S99 17
1

S970162 13
1

183

S T A T E B A N K S O F M IC H IG A N .

No. 277.
ISABELLA COUNTY STATE BANK, MT. PLEASANT.
Organized June 30, 1903.
J o h n S. W e id m a n , P r e s i d e n t ; A bb a Z. C a m p b e l l , V i c e P r e s i d e n t ; E l t o n J . V a n L e u v e n ,
C ash ier.
D i r e c t o r s . — Jo h n

S. W eidm an, F ra n k G. T hiers, A. G. S truble, F. L. Keeler, F. M itchell,
A. Z. Campbell, E lto n J. V an Leuven.

Resources.

R eport of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

Loans a.Tid disco u n ts.................................................

$62,091 15

$56,616 27

$34,486 09

$64,236 40

"Ronds mortgages a/nd securities...........................

94,185 67

99,598 67

96,597 67

98,505 17

Prem ium s paid on b o n d s.........................................
O v erd rafts...................................................................

533 01

872 22

165 85

59 42

Ranking ho u se............................................................

15,000 00

15,000 00

15,000 00

15,000 00

F u rn itu re and fix tures..............................................

2.500 00

2.500 00

2.500 00

2,500 00

O pera House scenery, fu rn itu re and fix tu re s ...

3.500 00

3.500 00

3.500 00

3,000 00

4,033 04

4,573 81

144 02

4,312 14

Due from banks in reserve cities...........................

28,396 11

26,798 99

20,441 24

18,400 13

"Exchanges for clearing h ouse.................................

380 23

487 36

938 22

238 97

U. S. and N ational bank currency........................

8,829 00

5,728 00

7,570 00

5,481 00

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities) ........................................................................
Item s in tr a n s it..........................................................
United States b o n d s.................................................

Gold co in ......................................................................

3,215 00

3,730 00

4,660 00

5,280 00

Silver co in ....................................................................

2,018 05

2,820 40

2,506 80

1,193 15

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue ac­
count .........................................................................

241 78

228 81

319 16

242 95

874 87

60 00

305 68

585 68

T o ta ls...................................................................

$225,797 91

$222,514 53

$219,135 33

$219,035 01

Liabilities.
Capital stock paid i n ................................................

$30,000 00

$30,000 00

$30,000 00

$30,000 00

500 00

500 00

500 00

1,000 00

460 23

2,180 23

3,593 39

1,976 15

Commercial deposits subject to check..................

103,112 94

99,862 56

94,751 64

103,080 61

Commercial certificates of deposit.........................

40,298 90

29,843 84

13,394 17

5,344 37

Surplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id .......................................................
Dividends u n p a id ......................................................

70 00

Due to banks and b an k ers......................................
Certified checks..........................................................
Cashier’s checks o u tstan d in g ..................................
Savings d ep o sits.........................................................

3,312 02

3,036 94

3,520 87

2,817 79

Savings certificates of deposit................................

48,113 82

57,090 96

73,375 26

74,746 09

T o ta ls................................................................... j $225,797 91

$222,514 53

$219,135 33

$219,035 01

Notes and bills rediscounted...................................
Bills p ay ab le...............................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

S T A T E B A N K IN G D E P A R T M E N T .

184

No. 189.
MUNISING STATE BANK, MUNISING.
Organized July 8, 1896.
C la u d e W. C a s e , P r e s i d e n t ; A r t h u r P. U t t e r , V i c e P r e s i d e n t ; F e ed S. C a s e , C a s h i e r ;
G. S h e r m a n C o l l in 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 .— Wm. C. M cM illan, Geo. L. B u rtis, Claude W. Case, A rth u r P. U tte r, W ill F.

ox, Jo h n M cM illan, F red S. Case, H erb ert H. E verard.

Resources.

R eport of
Jan. 22.

R eport of
March 28.

R eport of
Ju n e 9.

R eport of
Sept. 6.

Roans and disco u n ts..................................................

8144,730 27

$159,731 90

$141,763 84

$124,902 56

"Ronds m ortgages and securities...........................

45,804 42

47,106 63

43,585 42

47,120 84

226 54

35 47

Prem ium s paid on b o n d s .. t ...................................
O v erd rafts...................................................................
Ranking house,............................................................

11 54

228 16

12,075 00

15,332 62

F u rn itu re and fix tu res..............................................

1,000 00

1,021 80

1,209 55

1,063 70

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities)........................................................................

500 00

500 00

800 00

1,000 00

Item s in tr a n s it..........................................................

1,983 37

239 05

843 49

327 16

32,401 77

16,131 37

22,522 50

5,866 74

United S tates b o n d s..................................................
Due from banks in reserve cities...........................
F/xchanges for cleaning h o u se.................................
U. S. and N ational b ank currency........................

10,323 00

7,284 00

7,415 00

5,366 00

Gold co in .....................................................................

1,295 00

1,975 00

2,970 00

2,580 00

Silver co in ...................................................................

2,623 20

2,049 15

1,482 00

1,277 30

375 65

360 89

361 12

311 92

867 35

575 27

397 79

337 42

T o ta ls...................................................................

8242,130 57

8237,010 53

$235,417 25

$205,714 42

Liabilities.
Capital stock paid i n ................................................

830,000 00

$30,000 00

$30,000 00

$30,000 00

4,400 00

4,400 00

4,400 00

4,800 00

8,884 38

11,110 09

10,182 89

9,006 61

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue ac­
count .........................................................................

Surplus f u n d ...............................................................
U ndivided profits, less current expenses, interest
and taxes p a id ........................................................

20 00

D ividends u n p a id ......................................................

48 00

Commercial deposits subject to check..................

107,869 55

102,904 22

96,433 31

71,009 88

Commercial certificates of dep o sit.........................

511 70

253 00

1,305 50

828 00

25 00

25 00

25 00

Savings d ep o sits.........................................................

71,890 53

71,366 81

69,325 14

70,144 49

Savings certificates of dep o sit................................

18,501 41

16,951 41

13,745 41

14,905 44

10,000 00

5,000 00

$235,417 25

$205,714 42

Due to banks and b an k ers......................................
Certified checks.......................................
Cashier’s checks o u tstan d in g ..............................

Notes and bills rediscounted...............
Bills p ay ab le...............................................................
T o ta ls.................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$242,130 57

$237,010 53

185

S T A T E B A N K S O F M IC H IG A N .

No. 60.
MUSKEGON SAYINGS BANK, MUSKEGON.
Organized December 1, 1887.
H . N. I I ovey ,' P r e s i d e n t ;

J. F. D e n s l o w , V i c e P r e s i d e n t ; F. E. H a m m o n d , C a s h i e r .

D ir e c t o r s .— F. E. H am m ond, II. N. Hovey, J. F. Denslow. C. L. Thom pson, L eonard Eyke,

i ’aul S. Moore, Ja s. H. F ord.

R eport of
March 28.

Loans and discounts ...............................................

3201,002 40

$155,121 49

$199,251 36

$228,285 41

Ponds m ortgages and securities...........................

227,591 51

239,425 81

229,661 40

230,252 84

9,000 00

8,700 00

8,378 00

635 38

369 96

229 04

1,081 04

"Furniture a,nd fix tu res..............................................

3,096 35

3,096 35

3,096 35

3,000 00

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities)
.............................................

9,634 88

9,602 02

9,408 92

7,789 71

Ttem s in t,r an s i t ..........................................................

855 40

1,941 70

733 79

300 00

"Due from banks in reserve cities...........................

48,031 84

63,449 22

42,958 27

52,358 72

Fxoha/nges for clearing house.................................

969 59

1,612 88

1,631 89

1,185 40

TT S and National bank currency........................

21,296 00

19,828 00

17,310 00

27,943 00

PremiuTTis paid on b o n d s ........................................
O verdrafts

t

.......................................................

P an n in g bouse

9,000 00

R eport of
June 9.

R eport of
Sept. 6.

R eport of
Jan. 22.

Resources.

................. ....................

United S tates bonds

..............................

Gold co in ......................................................................

5,847 50

6,090 00

6,835 00

7,082 50

Silver co in ....................................................................

1,956 90

1,488 30

1,805 95

2,256 50

N ick el s a n d cen t s .......................................................
Checks, cash item s and internal revenue acc o u n t.........................................................................

605 22

581 77

428 15

489 07

465 67

694 22

348 67

305 55

T o ta ls...................................................................

$530,988 64

$512,301 72

$522,398 79

$570,707 74

Liabilities.
Capital stock paid i n ................................................

$50,000 00

$50,000 00

$50,000 00

$50,000 00

10,000 00

10,000 00

10,000 00

4,483 21

7,155 19

6,402 31

Surplus fu n d ................................................................
Undivided profits, less current expenses, interest
and taxes p a id ........................................................
Dividends unpaid

10,000 00
4,153 02
18 00

Commercial deposits subject to check..................

37,332 67

46,357 34

40,183 12

85,920 45

Commercial certificates of dep o sit.........................

30,819 84

28,586 90

53,089 77

40,594 72

373,665 11

372,874 27

361,970 71

377,790 23

$512,301 72

$522,398 79

$570,707 74

Due to banks and bankers
Certified checks
Ca,shier\s checks outstanding .
Savings dep o sits.........................................................
Savings certificates of d ep o sit................................
Notes a,nd bills rediscounted . . .
Pills payable

T o ta ls...................................................................

24

https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

25,000 00

$530,988 64

186

STATE BANKING DEPARTMENT.
No. 19.
FARMERS AND MERCHANTS’ BANK, NASHVILLE.
Organized December 15, 1888.
G.

A. T r u m a n , P r e s i d e n t ; C. W. S m i t h , V i c e P r e s i d e n t ; C. A. H o u g h , C a s h i e r .

D ir e c t o r s .— G. A. T rum an, W. H. K leinlians, C. W. Sm ith, S. F. H inchm an, H. R. Dickinson,

C.

A. H ough.

R eport of
Jan. 22.

R eport of
March 28.

Loans and disco u n ts......................

$147,486 57

$148,109 87

$149,954 07

$144,845 19

Bonds, m ortgages and securities.

78,450 04

78,504 03

75,439 03

81,595 81

Prem ium s paid on b o n d s.............

1,197 05

1,197 05

1,197 05

1,275 85

O v erd rafts........................................

1,184 99

533 11

1,707 01

Banking h o u se................................

2.500 00

2.500 00

2.500 00

2.500 00

F u rn itu re and fix tu res..................

1.500 00

1.500 00

1.500 00

1.500 00

65 00

65 00

65 00

65 00

20 00

123 00

Resources.

O ther real e s ta te ......................................................
Due from other banks and bankers (not reserve
c itie s)..................................................................

606 26

R eport of
June 9.

R eport of
Sept. 6.

Item s in tr a n s it.................................
Expense account and profits..........

21 05

Due from banks in reserve cities..

25,164 10

33,646 06

21,604 73

18,058 15

Exchanges for clearing h o u se........
U. S. and N ational b ank currency.

8,754 00

11,333 00

12,175 00

13,173 00

Gold co in ............................................

3,365 00

3,145 00

3,415 00

3,100 00

Silver co in ..........................................

1,600 00

500 00

1,000 00

900 00

118 14

123 64

60 76

100 04

519 75

1,103 47

281 79

891 14

$272,531 95

$282,260 23

$270,919 44

8,127 18

$25,000 00

5,000 00

$25,000 00

$25,000 00

8,000 00

?,000 00

8,000 00

8,000 00

301 65

789 62

263 99

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue ac­
count ........................................................... ..

T o ta ls.
Liabilities.
Capital stock paid i n ...............
Surplus fund . . .-........................................................
U ndivided profits, less current expenses, interest
and taxes p a id ...................................................
D ividends u n p a id .....................................

31 50

Commercial deposits subject to check.

31,368 88

27,339 22

21,086 08

20,967 36

Commercial certificates of d ep o sit.......

154,447 45

172,144 30

160,784 05

155,775 60

53,684 12

49,475 06

51,259 69

55,120 23

Due to banks and b an k ers.....................
Certified ch eck s.........................................
Cashier’s checks o u tstan d in g .................
Savings d ep o sits........................................
Savings certificates of dep o sit...............
Notes and bills red isco unted..................

3,000 00

Bills p a y ab le..............................................

T o ta ls.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

4,000 00
$272,531 95

$282,230 23

$270,919 44

$288,127 18

187

STATE BANKS OF MICHIGAN.
No. 245.
NEW HAVEN SAVINGS BANK, NEW HAVEN.
Organized September 25, 1901.
Wm.

F.

E d m u n d s , P r e s i d e n t ; T h o m a s K . M c I n n is , V ice P r e s i d e n t ; W .

F.

S w it z e r , C ash ier.

D i r e c t o r s .— W.

F. E dm unds. Adam A. B ennett, Wm. K urzhals, Sr., Isaac N. Cook, O. C.
L ungerhausen, L uke B roughton, T hom as K. M cInnis, W. F. Sw itzer, J. S. C raw ford.

Resources.

R eport of
Ja n . 22.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

Loans and discounts.................................................

$54,221 29

$56,525 62

$58,882 57

$59,077 46

Bonds, m ortgages and securities...........................

28,085 42

30,785 42

31,635 42

31,680 67

Pron'inims paid on b o n d s............................ ............
O v erd rafts...................................................................

301 41

51 47

28 96

28 95

Ranking h o u se............................................................

2,200 00

2,200 00

2,200 00

2,200 00

F u rn itu re and fix tures..............................................

1,419 90

1,419 90

1,419 90

1,419 90

O ther real e s ta te .......................................................
Due from other banks and bankers (not reserve
cities) ........................................................................

3,234 49

6,452 75

4,325 88

575 32

6,450 88

8,687 40

4,249 19

5,601 64

Item s in tr a n s it..........................................................
United States b o n d s.................................................
Due from banks in reserve cities...........................
Exchanges for clearing h ouse.................................
U. S. and N ational bank currency........................

480 00

850 00

1,867 00

3,571 00

Gold co in ......................................................................

2,050 00

2,580 00

1,980 00

2,110 00

Silver co in ....................................................................

292 25

167 95

205 10

390 40

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue ac­
count ................................................... -...................

30 53

39 24

26 35

19 11

84 30

8 78

4 00

T o ta ls...................................................................

$98,766 17

$109,844 05

$106,829 15

$106,678 45

Liabilities.
Capital stock paid i n .................................................

$20,000 00

$20,000 00

$20,000 00

$20,000 00

1,500 00

1,500 00

1,500 00

2,500 00

1,722 17

2,595 72

2,452 87

1,394 22

Surplus fu n d ...............................................................
U ndivided profits, less current expenses, interest
and taxes p a id ........................................................
Dividends u n p a id ......................................................

6 00

Commercial deposits subject to check..................

4,925 55

6,232 16

7,666 30

9,657 61

Savings dep o sits.........................................................

52,143 83

53,313 43

52,704 79

54,401 54

Savings certificates of dep o sit................................

18,468 62

26,202 74

22,505 19

18,695 08

$98,766 17

$109,844 05

$106,829 15

$106,678 45
-

30 00

Commercial certificates of d ep o sit.........................
Due to banks and b an k ers......................................
Certified checks..........................................................
Cashier’s checks o u tstan d in g ..................................

Notes and bills rediscounted..................................
Bills p ay ab le...............................................................

T o ta ls...............................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

188

STATE BANKING DEPARTMENT.
No. 240.
NILES CITY BANK, NILES.
Organized July 13, 1901.

Charles

F.

P e a r ’s , P r e s i d e n t ;

G eorge

F a u e o t e , V ice P r e s i d e n t ;

L.

D ic k s o n

S.

Scoffern ,

Cashier.
D i r e c t o r s . — C harles

F . P ears, C harles Bishop, Geo. L. F au ro te, S am uel W. Redden, Dickson
S. Scoffern, F. N. Bonine.
R eport of
Jan. 22.

R eport of
March 28.

R eport of
Ju n e 9.

Loans and disco u n ts ......................................................................................

359,204 71

$73,127 94

$68,429 62

$56,349 96

Bonds, m ortgages and securities..-........................

39,748 68

37,448 40

41,858 40

42,582 30

Resources.

R eport of
Sept. 6.

Prem ium s paid on b o n d s.........................................
O v erd rafts...................................................................

31 08

32 45

5,072 77

1,766 00

B anking h o u se............................................................

6,000 00

6,000 00

6,000 00

6,000 00

F urniture and fix tu res..............................................

1,500 00

1,500 00

1,500 00

1,500 00

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities) ........................................................................
Item s in tr a n s it..........................................................

777 59

798 34

3,727 72

740 35

171 69

10,061 06

30,687 43

43,281 42

13,302 46

35,967 50

United States b o n d s.........................................
Due from banks in reserve cities...........................
Exchanges for clearing house.................................
U. S. and N ational bank currency........................

12,370 00

8,731 00

5,955 00

7,684 00

Gold co in ..................................................................

3,115 00

2,790 00

4,615 00

1,922 50

Silver co in ....................................

1,403 65

357 75

2,108 85

650 25

262 76

263 99

306 00

280 17

193 80

692 60

375 85

209 43

T o ta ls ..........................................................

8158,244 83

$175,743 49

$149,695 64

$165,771 51

Liabilities.
Capital stock paid i n ..................

Nickels and c e n ts .............................
Checks, cash items and internal revenue ac­
count .............................................................

$35,000 00

$35,000 00

$35,000 00

$35,000 00

Surplus fu n d .........................................
Ijndivided profits, less current expenses, interest
and taxes p a id ........................

1,500 00

1,500 00

1,500 00

2,000 00

747 81

1,300 00

2,171 08

1,469 62

Dividends u n p a id ................................

1,050 00

105 00

Commercial deposits subject to check .

84,867 15

95,208 59

70,097 00

88,105 28

Commercial certificates of deposit___

34,356 14

42,625 90

40,694 65

39,044 15

Due to banks and b a n k e rs. . .

_

723 73

232 91

Certified checks ...............................
Cashier’s checks outstanding

109 00

47 46

.

Savings d eposits .............................
Savings certificates of deposit . . .
Notes and bills rediscounted . .
Bills p ay ab le............

T o ta ls..................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Od

|

1

Ito

‘to

$149,695 64

$165,771 51

189

STATE BANKS OF MICHIGAN.
No. 36.
THE PIONEER BANK, NORTH BRANCH.
Organized July 30, 1885.
J am es

E.

Leete,

P residen t; A l b e r t
K.

D i r e c t o r s . — George

M.

Reorganized October 1, 1889.

S h o l e s , V ice P r e s i d e n t ;
B a r b o u r , A s s i s t a n t C ash ier.
S.

W.

C ash ier;

Mahon,

Peck, A lbert H. Leete, P. C. B allard , A. S. Slioles, W illiam M abon,
Jam es E. Leete, S. A. Snow.

Resources.

R eport of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.
1

Loans and disco u n ts.................................................

$122,229 33

$109,521 29

$129,564 05

$126,944 51

Bonds m ortgages and securities...........................

108,507 24

025,577 67

87,220 20

85,743 96

Prem ium s paid on fronds.........................................
O verdrafts T.................................................................

6,815 77

180 96

618 25

330 10

B anking h o u se............................................................

7,000 00

7,000 00

8,000 00

§,000 00

F u rn itu re and fix tu res..............................................

500 00

500 00

O ther real estate ......................................................
Due from other banks and bankers (not reserve
pities)
..........................................................

1,500 00

1,500 00

7,250 00

7,250 00

2,962 69

6,714 02

1,078 40

200 00

16,624 72

11,070 18

16,100 92

24,127 40

TT S and National bank currency ........................
1
CJold coin T., . T..........................................................

6,595 00

4,648 00

2,885 00

5,052 00

4,330 00

4,230 00

4,620 00

5,080 00

Silver co in ....................................................................

1,182 25

943 40

643 45

241 95

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue acc o u n t.........................................................................

104 40

122 06

149 10

121 14

349 40

257 23

705 39

339 04

T o ta ls...................................................................

$277,200 80

$270,764 81

$260,334 76

$264,930 10

Liabilities.
Capita,1 stock paid i n ................................................

$50,000 00

$50,000 00

$50,000 00

$50,000 00

10,000 00

10,000 00

10,000 00

10,000 00

2,992 52

3,434 14

5,567 06

2,222 10

27,649 99

20,791 54

33,328 03

30,485 30

Savings d ep o sit..........................................................

129,347 04

129 176 70

115,247 02

134,537 36

Savings certificates of dep o sit...............................

39,211 25

39,862 43

38,192 65

37,685 34

Notes and frills rediscounted..................................

8,000 00

Bills p a y ab le...............................................................

10,000 00

17,500 00

T o ta ls...................................................................

$277,200 80

$270,764 81

Item s in transit,..........................................................
U nited States fronds.................................................
One from franks in reserve cities...........................
F/Xchanges for clearing h o u se.................................

Surplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id ........................................'..............
Dividends u n p a id ......................................................
Commercial deposits subject to check..................
Commercial certificates of deposit.........................
Due to banks and b an k ers......................................
Certified checks..........................................................
Cashier’s checks o u tstan d in g ..................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

8,000 00

$260 334 76

$264,930 10

190

STATE BANKING DEPARTMENT.
No. 145.
NORTHVILLE STATE SAVINGS BANK, NORTHVILLE.
Organized December 10, 1892.

L. W.

S im m o n s ,

P residen t;

D i r e c t o r s . — E rw in

P r a n k A. M i l l e r , V i c e P r e s i d e n t ;
D . B . N o r t h r o p , A s s i s t a n t C ashier.

L. A.

B a b b it t ,

C ash ier;

A. Chapm an. L aw rence W. Simmons. P ra n k A. M iller, C harles H. Coldren,
P e te r Van Voorhies, George D . Spencer.

Resources.

R eport of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

Loans and disco u n ts.................................................

$129,588 23

$133,484 74

$132,650 84

$130,364 93

Bonds, m ortgages and securities...........................

38,990 40

35,125 46

40,252 31

48,398 01

212 86

14 54

185 71

B anking h o u se............................................................

2,750 00

2,750 00

2,750 00

7.500 00

F u rn itu re and fix tu res..............................................

1,150 00

1,150 00

1,150 00

2.500 00

Prem ium s paid on b o n d s.........................................
O v erd ra fts........

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities)........................................................................
Item s in tr a n s it..........................................................

3,750 00
53 00

U nited States b o n d s.................................................
Due from banks in reserve cities...........................

23,953 13

26,615 48

35,140 99

25,762 07

Exchanges for clearing house.................................
U. S. and N ational bank currency........................

3,769 00

3,917 00

3,942 00

6,105 00

Gold co in .....................................................................

5,500 00

5,500 00

5,500 00

5,500 00

Silver co in ....................................................................

430 00

555 00

255 00

200 00

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue ac­
count ........................................................................

137 31

120 78

172 59

253 50

339 57

105 00

98 00

139 03

$206,600 70

$209,536 32

$221,926 27

$230,658 25

¡$25,000 00

$25,000 00

$25,000 00

$25,000 00

2,000 00

2,000 00

2,000 00

2,500 00

428 51

1,193 96

1,388 77

1,176 15

29,963 44

31,341 71

35,237 40

34,384 28

Savings dep o sits....................

80,942 95

79,628 24

80,212 75

93,128 53

Savings certificates of deposit...........

68,232 80

69,690 83

78,087 35

74,469 29

$221,926 27

$230,658 25

T o ta ls......................................................
Liabilities.
C apital stock paid i n .......................
Surplus fu n d ...................
Undivided profits, less current expenses, interest
and taxes p a id ......................
Dividends u n p a id ..................
Commercial deposits subject to check ...........

93 00

Commercial certificates of deposit..........
Due to banks and b an k ers.................
Certified checks......................
Cashier’s checks o u tstan d in g .........' .

Bills in t r a n s i t ...................

681 58

Notes and bills.rediscounted...................................
Bills p ay ab le................
T o ta ls.............................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$206,660 70

$209,536 32

191

STATE BANKS OF MICHIGAN.
No. 280.
ONAWAY STATE SAVINGS BANK, ONAWAY.
Organized September 15, 1903.
J ohn

Y oung, P resid en t;

A. V. H i n k l e y , V i c e P r e s i d e n t ; J. F r a n k
G e o . W . P r f .g i t z e r , A s s i s t a n t C a s h i e r .

M o rfo rd ,

C ash ier;

D ir e c t o r s — Jo h n Young, E. J. Lobdell, A. V. H inkley. Wm. Greenfield, P. H. M ahoney,

Geo. W. G lasier, Wm. B. Gregg.

Resources.

R eport of
Jan. 22.

R eport of j R eport of
March 28. | June 9.

R eport of
Sept. 6.

find discounts ...............................................

135,301 88

$39,991 92

$40,928 25

$38,908 20

Bonds m ort^a^es and securities...........................

7,487 00

7,602 00

8,912 00

8,360 00

.......................................................

66 74

63 31

112 90

182 71

Ranking hmisp!............................................................

2,877 89

3,241 45

3,769 32

4,754 53

17 68

1,500 00

1,500 00

1,500 00

1,500 00

OyPTii rafts

F urniture find fix tu res..............................................

152 88
O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
oitips)
..............................................................

1,500 00

1,500 00

1,500 00

1,296 14

925 19

1,047 30

Itpm s in transit,

......................................................

1,237 19

P u e from hanks in reserve cities...........................

6,363 09

4,952 20

4,118 18

5,687 15

U S find Nat ion a,1 bank currency........................

2,163 00

1,759 00

1,362 00

1,455 00

Gold co in .....................................................................

445 00

40 00

105 00

20 00

Silver co in ....................................................................

748 60

1,148 30

986 25

760 SO

Nickels and c e n ts......................................................
Checks, cash item s and internal revenue acc o u n t.........................................................................

08

16

10

24

3,146 15

789 68

1,138 24

2,273 45

$62,803 32 '

$63,513 21

$65,479'54

$68,798 46

$25,000 00

$25,000 00

$25,000 00

$25,000 GO

358 65

683 28

905 10

20,412 68

20,058 14

18,208 13
934 55

T o ta ls..................................................................
Liabilities.
Capital stock paid i n ................................................
Undivided profits, less current expenses, interest
and taxes pa,id . .

Commercial deposits subieet to check..................

24,500 74

430 38
2,966 00

Commercial certificates of deposit.........................

1,374 72

594 75

733 62

Savings d eposits.........................................................

8,449 75

13,553 02

13,582 25

13,982 14

Savings certificates of deposit................................

3,478 11

3,594 11

2,922 25

4,268 54

2,500 00

5,500 00

$65,479 54

$68,798 46

Bills p a y a b le .....................................................................

T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$62,803 32

$63,513 21

192

STATE BANKING DEPARTMENT.
No. 190.
ORION STATE BANK, ORION.
Organized July 28, 1896.

I ka

Ca rpen ter,

D i r e c t o r s .—

P residen t;

Alp.

G.

H addrell,

V ice P r e s i d e n t ;

W.

W il l

L y on s,

C ashier.

I r a C arpenter. Alf. G. H addrell, Sam uel A. F lu m erfelt, Geo. Swayze, Powell
C arp en ter, A. S. L aird, W. W ill Lyons.

Resources.

R eport of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

Loans and disco u n ts.................................................

$39,508 18

$39,019 39

$41,903 26

$45,277 70

Bonds, m ortgages and securities............................

73,798 00

77,758 00

95,370 00

96,153 00

Prem ium s paid on b o n d s.........................................
O v erd rafts....................................................................

1 79

Banking h o u se............................................................
F u rn itu re and fix tu res..............................................

1,000 00

1,000 00

1,000 00

1,000 00

O ther real e s ta te ............................................... ........
Due from other banks and bankers (not reserve
cities) ........................................................................

11,987 88

16,898 10

3,633 40

4,919 65

12,978 39

13,374 00

12,407 41

14,193 96

3,455 00

Item s in tr a n s it..........................................................
United S tates b o n d s..................................................
Due from banks in reserve cities...........................
Exchanges for clearing house.................................
U. S. and N ational b ank currency ........................

3,732 00

3,608 00

3,847 00

Gold co in ......................................................................

2,090 00

1,840 00

1,650 00

1,535 00

Silver co in ....................................................................

353 90

715 00

706 80

1,042 65

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue ac­
count .....................................................................

89 02

127 95

100 68

168 28

1,945 06

287 25

167 29

1,217 46

$147,484 22

$154,627 69

$160,785 84

$168,962 70

$15,000 00

$15,000 00

$15,000 00

$15,000 00

7,500 00

7,500 00

7,500 00

10,000 00

1,651 58

2,661 86

3,138 28

1,463 05

72 00

12 00

16,520 85

16,690 20

16,860 84

19,638 14

T o ta ls...........................................................
Liabilities.
Capital stock paid i n ..................................
Surplus fu n d ............................................
Undivided profits, less current expenses, interest
and taxes p a id ......................................
Dividends u n p a id ........................................
Commercial deposits subject to check ...........
Commercial certificates of dep o sit.........................
Due to banks and b an k ers......................................
Certified checks.......................................
Cashier’s checks o u tstan d in g ................... [
Savings dep o sits..........................................

25,705 35

26,502 99

27,194 44

30,495 57

Savings certificates of dep o sit...................

81,034 44

86,260 64

91,092 28

92,305 94

$147,484 22

$154,627 69

$160,785 84

$168,962 70

Notes and bills rediscounted........................
Bills p ay ab le.............................

#

T o ta ls............................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

193

STATE BANKS OF MICHIGAN.
No. 199.
STATE SAYINGS BANK OF OVID, OVID.
Organized October 18, 1897.
W m . R.

S iia w , P r e s id e n t ;

D i r e c t o r s .— H enry

M . I ;. T a f t , V i c e P r e s i d e n t ;

J ohn

H.

R o b s o n , Cashier.

A. I ’otter, O. B. Campbell. Wm. R. Shaw, Absalom W oodw orth, Jo h n I-I.
Robson, M. L. T a ft, W. H. Robson.

Resources.

R eport of 1 R eport of
March 28.
Jan. 22.

R eport of
June 9.

R eport of
Sept. 6.

Loans and d iscounts.................................................

$83,133 10

$30,490 43

$84,715 66

$98,274 32

Londs m ortgages and se cu rities...........................

38,138 60

37,698 60

40,558 60

41,248 60

...................................................

434 93

203 74

551 86

331 59

...................................................... .

-3,500 00

3,500 00

3,500 00

3,500 00

F urniture and fix tu res.............................................

1,000 00

1,000 00

OycrdTa/fts
Danking hnnsp.

Other real estate.
................................................
Due from other banks and bankers (not reserve
cities)
........................................
Item s in tran sit

....................................

165 93

1,000 00

1,000 00

8,050 00

8,050 00

881 59
363 91

282 77

United States b o n d s.................................................
Due frnm banks in reserve cities...........................

19,032 47

18,132 75

34,871 52

11,178 29

Exchanges for clearing' h ouse................................
TT S and National bank eurrenev.........................

6,534 00

7,201 00

5,700 00

8,177 00

Gold co in .....................................................................

2,000 00

2,010 00

2,000 00

2,020 00

Silver co in ....................................................................

1,937 60

1,817 65

1,320 00

1,905 95

Nickels and c e n ts......................................................
Checks, cash item s and internal revenue account
...............................................................

i 177 99

126 63

106 50

200 25

T o ta ls...................................................................

$156,231 46

$162,346 79

$183,255 73

$176,249 91

Liabilities.
Capital stock paid i n ................................................

$25,000 00

$25,000 00

$25,000 00

$25,000 00

3,000 00

3,000 00

3,000 00

3,500 00

584 37

1,182 81

2,433 66

976 73

Commercial deposits subject to check..................

35,073 81

32,832 64

41,125 15

31,899 68

Commercial certificates of deposit.................. . . .

81,974 20

89,142 71

100,277 38

101,853 98

10,539 08

11,188 63

11,419 54

13,019 52

$156,231 43

$162,346 79

$183,255 73

$176,243 91

Surplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id ........................................................
Dividends unpaid

.........................................

Due te banks and bankers
Certified checks

.

..................... ..................

Cashier’s checks outstanding
Sa.vings dep o sits.........................................................
Savings certificates of dep o sit................................
Notes and bills rediscounted..................................

T o ta ls...................................................................

25


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

194

STATE BANKING DEPARTMENT.
No. 185.
CITIZENS’ SAVINGS BANK OF OWOSSO, OWOSSO.
Organized February 10, 1896.

I.

H.

K e e l e r , P resid en t;

H erm an

C.

F r ie s e k e , V ice P r e s i d e n t ; G.

L.

T a y l o r , C ashier.

I. H. Keeler. H erm an C. Frieseke. W illis E. H all, Jam es W. Sim m ons, M a rtin C.
Dawes, A lbert Todd, R udolph Colby, Geo. L. Keeler, M. S. Keeler.

D i r e c t o r s .—

Resources.

R eport of
Ja n . 22.

R eport of
March 28.

R eport of
June 9.

'

R eport of
Sept. 6.

Loans and disco u n ts.................................................

S120.001 58

$129,715 19

$122,955 02

$128,065 78

Bonds, mortgages and securities...........................

153,088 16

142,465 16

137,607 62

142,349 54

Prem ium s paid on b o n d s.........................................
O verdrafts...................................................................

389 45

1,712 12

607 21

2,827 87

Banking h o u se............................................................

15,734 71

15,734 71

15,734 71

15,734 71

F urn itu re and fix tu res..............................................

2,500 00

2,500 00

2,500 00

2,500 00

8,506 11

4,989 54

3,640 13

2,170 09

Due from banks in reserve cities...........................

48,808 10

54,394 07

49,489 95

49,620 67

Exchanges for clearing house...........•.....................

46 51

1,638 65

U. S. and N ational bank currency ........................

13,364 00

9,808 00

12,741 00

9,932 00

Gold co in ...................................................................

2,710 00

3,665 00

3,905 00

4,255 00

Silver co in ...................................................................

3,328 00

2,492 50

3,902 75

4,054 50

650 02

225 53

467 05

924 09

145 30

44 15

135 40

67 78

T o ta ls...................................................................

$367,271 94

$389,384 62

$353,685 84

$363,376 34

Liabilities.
Capital stock paid i n ................................................

$50,000 00

$50,000 00

$50,000 00

$50,000 00

3,500 00

3,500 00

3,500 00

3,750 00

731 78

1,984 34

2,480 85

1,668 60

77,099 33

78,745 97

58,732 96

59,643 13

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities) ........................................................................
Item s in tr a n s it..........................................................
United States b o n d s..................................................

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue ac­
count ......................................................................

Surplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id .......................................................

874 31

Dividends u n p a id ......................................................
Commercial deposits subject to check..................
Commercial certificates of deposit........................
Due to banks and b an k ers......................................
Certified checks..........................................................
•

Cashier’s checks o u tstan d in g ..................................

550 00

Savings deposits.........................................................

112,697 18

115,349 91

109,058 54

115,577 87

Savings certificates of deposit................................

123,243 65

119,804 40

129,363 49

132,736 74

$367,271 94

$369,384 62

$353,6~5 84

$363,376 34

Notes and bills rediscounted..................................
Bills p ay ab le............ ..................................................
T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

195

STATE BANKS OF MICHIGAN.
No. 112.
OWOSSO SAYINGS BANK, OWOSSO.
Organized January 22, 1891.
C harles

E.

R i g l e y , P r e s i d e n t : C h a r l e s W. G a l e . V i c e P r e s i d e n t ;
G . H . S w e e t , A s s i s t a n t C ashier.

A. D.

W h ip p l e , C ash ier;

D i r e c t o r s __C harles

E . Rigley, W illiam A. W oodard, C harles W. Gale, Geo.
W. M. K ilp atrick , W ade B. Cam burn, E. F. Dudley.

Resources.

R eport of
Ja n . 22.

R eport of
March 28.

R eport of
June 9.

T.

M ason,

R eport of
Sept. 6.

Loans and disco u n ts......................

1191,498 49

$204,686 97

$213,083 01

$202,794 48

Bonds, m ortgages and securities.

153,507 96

149,501 61

151,617 53

152,477 68

P rem ium s paid on b o n d s........
O v erd ra fts........................................

722 15

988 89

628 12

629 05

B anking h o u se................................

13,000 00

13,000 00

13,000 00

13,000 00

F urn itu re and fix tu res..................

3,000 00

3,000 00

3,000 00

3,000 00

O ther real e s ta te ...................................................
Due from other banks and bankers (not reserve
c ities)...................................................................

9,875 00

9,875 00

9,475 00

13,875 00

Item s in tr a n s it.......................................................

7,387 26

8,443 63

3,425 33

1,155 60

46,739 99

31,827 00

15,071 73

30,533 69

U n ited S tates b o n d s...............................................
Due from banks in reserve cities.........................
Exchanges for clearing h o u se...............................

f

U. S. and N ational bank currency......................

1,757 00

5,120 00

5,041 00

8,932 00

Gold co in ............................................................... ...

6,235 00

9,495 00

4,175 00

3,392 50

Silver co in ..................................................................

8,101 85

4,413 05

5,321 80

6,477 75

388 11

553 86

486 51

560 88

1,008 26

801 66

1,284 48

536 46

$443,221 07

$441,706 67

$425,609 51

$437,365 09

$100,000 00

$100,000 00

$100,000 00

$100,000 00

10,000 00

10,000 00

10,000 00

11,000 00

2,475 69

3,711 62

5,032 03

4,011 78

72,813 98

60,836 67

52,766 82

60,418 51

Nickels and c e n ts................................................
Checks, cash item s and internal revenue ac­
count ................................................... ..............
T otals.
Liabilities.
-Capital stock paid i n ...............
.Surplus fu n d ................................................ ............ ..
U ndivided profits, less current expenses, interest
and taxes p a id ........................................................
Dividends u n p a id .....................................
Commercial deposits subject to check.
Commercial certificates of dep o sit.......
Due to banks and b an k ers.....................

603 34

■Certified checks.......................................

500 00

26 81 I.

Cashier’s checks o u tstan d in g ...............
Savings deposits......................................
Savings certificates of d ep o sit.............

150,229 12
107,702 28

151,650 82

143,758 66

137,988 60

114,404 22

114,025 19

113,946 20

Notes and bills rediscounted................
10,000 00

Bills p ay ab le............................................

T otals.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$443,221 07

$441,706 67

$425,009 51

$437,365 09

196

STATE BANKING DEPARTMENT.
No. 34.
OXFORD SAVINGS BANK, OXFORD.
Organized June 12, 1884.

W il l ia m

J.

T u n s t e a d ., P r e s i d e n t ;

C.

L.

R andall,

V ice P r e s i d e n t ; C l a e e n c e

E.

Stanton*

C ashier.
D i k e c t o b s . — C harles

F. T unstead. W illiam J. T unstead, C. L. R andall, C larence E. S tanton,
R. IT. G laspie, Wm. Reed.

Resources.

R eport of | R eport of
Jan. 22.
March 28.

R eport of
June 9.

R eport of
Sept. 6.

Loans and discounts.'...............................................

$169,049 11

$169,280 64

$162,298 49

$174,316 09

Bonds, m ortgages and securities...........................

142,017 98

145,880 46

149,358 76

152,664 38

Prem ium s paid on b o n d s.........................................
O verdrafts...................................................................

117 58

32 67

44 67

100 15

Banking h o u se............................................................

3,000 00

3,000 00

3,C00 00

3,000 00

F urniture and fix tu res..............................................

400 00

400 00

400 00

400 00

Other real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities) ........................................................................

1,178 57

1,021 97

792 16

795 12

28,174 02

35,962 06

54,923 13

29,568 12

U. S. and N ational bank currency ........................

6,542 00

3,378 00

6,781 00

4,453 00

Gold co in .....................................................................

5,667 50

6,280 00

10,300 00

10,180 00

Silver co in ....................................................................

779 35

374 40

596 45

711 85

Nickels and c e n ts.......................................................
C h ecks,'cash item s and internal revenue ac­
count ......................................................................

297 69

314 22

404 71

421 96

1,333 66

1,345 34

1,571 40

530 92

T o ta ls...........................................................

$358,557 46

$367,269 76

$390,470 77

$377,141 59

Liabilities.
Capital stock paid i n ................................................

Item s in tr a n s it..........................................................
United States b o n d s.................................................
Due from banks in reserve cities.......................
Exchanges for clearing h o u se.................................

$25,000 00

$25,000 00

$25,000 00

$25,000 00

Surplus f u n d ................................................

35.000 00

35.000 00

35.000 00

35.000 00

G uarantee f u n d ..................... ................................
Undivided profits, less current expenses, interest
and taxes p a id ...............................................

10.000 00

10.000 00

10.000 00

10.000 00

3,604 85

6,977 74

7,444 45

5,852 20

39,200 65

33,235 33

20,832 37

Dividends u n p a id ............................................
Commercial deposits subject to check .................

200 00
36,272 00

350 00

Commercial certificates of deposit....................

3,869 78

3,591 78

19,059 94

7,709 94

Due to banks and b an k ers............................

2,032 33

6,117 22

6,464 75

4,319 49

Certified checks...........................................
Cashier’s checks o u tstan d in g ..........................
Savings d eposits............................................
Savings certificates of dep o sit................................

134,300 40

134,191 93

148,035 37

159,191 37

93,278 10

107,190 44

106,230 93

102,886 22

$367,269 76

$390,470 77

$377,141 59

Notes and bills rediscounted..............................
Bills p ay ab le..........................................
T o ta ls......................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

15,000 00
$358,557 46

197

STATE BANKS OF MICHIGAN,
No. 59.
PAW PAW SAYINGS BANK, PAW PAW.
Organized May 10, 1886.
W h , J.

S e l l ic k , P r e s i d e n t ; J . J . W o o d m a n , V ice P r e s i d e n t ; J o h n
J . B . S h o w e e m a n , A s s i s t a n t C ashier.

D i r e c t o r s __F

W

W.

F ree,

C ash ier;

Sellick, W illiam J. Sellick, W. R. Sellick. .J. J. W oodm an, L. H. T itu s,
J.
W. Free, D aniel M orrison, E . A. W ildey.
R eport of
Ja n . 22.

Resources.

R eport of
March 28.

R eport of
R eport of
Ju n e 9. I ’ Sept. 6.
$115,835 76

$111,838 96

Loans and disco u n ts........» . . . i f .............................

$120,626 61

$103,067 64

Bonds mortgages and securities............................

55,256 05

56,136 05

...............................................

264 27

1,485 55

686 70

1,057 52

Elirniture and fix tu res.............................................

2,800 00

2,800 00

2,800 00

2,800 00

O ther real estate
................................................
Due from other banks and bankers (not reserve
cities)
..................... ..

1,800 00

1,800 00

1,800 00

1,800 00

O verdrafts

U nited States bonds

62,294 88

104 00

53 94

..............................

Duo from banks in reserve cities...........................
Exchanges for el earing hoi ISP.

60,644 40
#

34,618 33

35,956 96

17,154 37

19,958 73

.............................
7,450 00

3,501 00

6,490 00

5,089 00

..........................................................

5,535 00

5,000 00

5,000 00

8,000 00

Silver coin . T................................................................

961 75

900 00

760 50

820 40

T'Jiekel s an d cen t,s.......................................................
Checks, cash item s and internal revenue account
T, t.....................................................

55 15

35 55

93 90

71 02

647 10

235 33

160 07

420 00

T o ta ls...................................................................

$230,014 26

$210,972 02

$211,425 70

$214,254 51

Liabilities.
La,pit,a,1 stock paid i n ................................................

$40,000 00

$40,000 00

$40,000 00

$40,000 00

2,500 00

2,500 00

2,500 00

3,000 00

268 22

1,340 88

2,723 74

1,109 42

Commercial deposits subject to check..................

61,576 84

' 38,160 19

44,494 26

37,032 10

Commercial certificates of dep o sit.........................

125.669 20

128,970 95

121,707 70

133,112 99

$211,425 70

$214,254 51

jj

and National bank currency........................

Gold coin

Surplus f u n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id .......................................................

Hue to banks and bankers
/

Cashier’s cheeks outstanding1
Savings certificates of deposit
Notes and bills rediscounted
Bills payable

T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$230,014 26

$210,972 02

STATE BANKING DEPARTMENT.

198

No. 247.
STATE SAVINGS BANK OF PECK, PECK.
Organized October 7, 1901.
J a m e s F o s t e r , P r e s i d e n t ; L e w i s E . C o c h r a n , V i c e P r e s i d e n t ; I ra B r ic k e r , C a s h i e r ;
H ow ard F o s t 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 .— Jam es F o ster, Lewis E . Cochran. H a rry M. W a te rm a n , H a rry E . Palm er,

Jam es M cColl, H arvey T appan, I r a B ricker.

Resources.

R eport of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

Loans and disco u n ts.................................................

885,217 54

$88,066 71

$86,223 55

$85,872 88

Bonds m ortgages and securities...........................

6,850 50

7,550 82

5,860 50

6,035 50

197 98

156 70

18 23

3 15

822 50

838 35

851 60

929 30

10,536 23

3,747 83

13,967 96

13,865 70

4,857 00

Prem ium s paid on b o nds.........................................
O v erd rafts...................................................................
Banking h o u se............................................................
F urniture and fix tu res..............................................
O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
’ cities) ........................................................................
Item s in tr a n s it..........................................................
U nited States b o n d s..................................................
Due from banks in reserve cities...........................
Exchanges for clearing h ouse.................................
U. S. and N ational bank currency........................

4,839 00

4,875 00

5,090 00

Gold co in .....................................................................

1,090 00

755 00

705 00

680 00

Silver co in ....................................................................

567 80

541 05

242 55

588 40

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue ac­
count .........................................................................

4 49

64 33

73 33

48 31

200 00

210 00

$110,326 04

$106,805 79

$113,032 72

$112,880 24

$20,000 00

$20,000 00

$20,000 00

$20,000 00

6,000 00

6,000 00

6,000 00

6,000 00

5,503 13

5,888 50

6,116 01

6,016 39

Commercial deposits subject to check..................

23,703 87

24,458 70

25,458 04

23,902 43

Commercial certificates of dep o sit.......................

50,427 64

45,796 62

50,536 50

53,017 80

172 90

21 80

4,691 40

4,489 07

2,900 37

T o ta ls...................................................................
Liabilities.
Capital stock paid i n ............................................
Surplus fu n d ................................................
Undivided profits, less current expenses, interest
and taxes p a id ......................................................
Dividends u n p a id ..................................................

Due to banks and b an k ers..............................
Certified checks..................................................
Cashier’s checks o u tstan d in g ..............................
Savings dep o sits....................................................

3,943 62

Savings certificates of dep o sit............................
Notes and bills rediscounted..................................

2,000 00

Bills p ay ab le...........................................................

T o ta ls......................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$110,326 04

ftinfifin* 70 i

1

’

1

STATE BANKS OF MICHIGAN.

199

No. 132.
STATE BANK OF PERRY, PERRY.
Organized February 20, 1892.
R.

S . O l c o t t , P r e s i d e n t ; C. H . C a l k i n s , V ic e P r e s i d e n t ; C . M . S p a l d in g , C a s h i e r ;
L. A. S p a l d i n g , 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 .—

R. S. O lcott, C lifton M. Spalding, C. II. C alkins, M rs. M. A. M arshall, Eugene
B otsford.
1
1
R eport of | R eport of I R eport of
R eport of
Jan. 22. | March 28. 1 June 9.
Sept. 6.

Resources.

L/Octns and d iscounts.................................................

$63,399 92

$72,878 82

$66,990 45

$64,682 60

pond^ mortgages a,nd securities...........................

11,767 18

11,742 18

12,210 72

13,710 72

Prem ium s paid on b o n d s.........................................
O verdrafts ,, r , .......................................................

99 12

84 48

31 67

322 82

P anking h o u se............................................................

2,200 00

2,200 00

2,200 00

2,200 00

F u rn itu re a,nd fix tu res..............................................

1,200 00

1,200 00

1,200 00

1,200 00

2,000 00

2,000 00

2,000 00

2,000 00

O ther real estate .....................................................
Due from other banks and bankers (not reserve
cities)
.....................................................
Tterns in tran sit

500 00

....................................................

United States bonds ...............................................
Une from bank's in reserve cities...........................

27,700 45

5,796 99

10,194 59

8,340 82

Exchanges for clearing house.................................
TT S and N ational bank currency........................

1,545 00

2,778 00

1,499 00

1,321 00

Gold co in .....................................................................

4,065 00

4,565 00

4,770 00

4,535 00

Silver co in ....................................................................

826 85

216 60

366 75

80 40

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue aec o u n t.........................................................................

39 99

46 92

24 89

6 23

51 47

74 43

235 31

152 90

T o ta ls...................................................................

$114,894 98

$103,583 42

$101,723 38

$99,032 49

Liabilities.
Capital stock paid i n ................................................

$16,000 00

$16,000 00

$16,000 00

$16,000 00

8,000 00

8,000 00

8,000 00

9,000 00

459 85

1,311 55

1,824 06

505 20
23,198 80

Surplus f u n d ...............................................................
U ndivided profits, less current expenses, interest
and taxes p a id ........................................................
Ttividends unpaid . . .

75 00

110 00

Commercial deposits subject to check.................

35,497 95

25,882 69

26,277 15

Commercial certificates of deposit.........................

54,827 18

52,389 18

49,622 17

Due to banks and b an k ers......................................

/

Certified checks..........................................................
Savings deposits

........................................
50,253 49

Savings certificates of dep o sit................................
Nofes and bills rediscounted
Pills payable

.

..............................

T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$114,894 98

$101,723 38

$103.583 42
I

$99,032 49

200

STATE BANKING DEPARTMENT.
No. 119.
THE FIRST STATE BANK OF PETOSKEY, PETOSKEY.
Organized July 21, 1891.

L eox

C h ic h e s t e r , P r e sid e n t;

D i r e c t o r s . — Leon

Geo.

S.

R ic e , V ice

P r e s i d e n t ; W. F . H o p k in s , C a s h i e r .

C hichester, Geo. S. Rice, F red I. C hichester, Wm. G. McCune, E. R. Sly.

Resources.

R eport of
Jan. 22.

Loans and discounts.................................................

1256,343 55

$273,888 67

$280,209 53

$291,700 23

Bonds, m ortgages and securities...........................

34,272 84

34,270 93

25,251 54

33,170 86

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

Prem ium s paid on b o n d s.........................................
O v erd rafts...............................................................

303 20

240 50

672 16

577 05

13,500 00

13.500 00

13.500 00

13.500 00

F u rn itu re and fix tu res.........................................

2,436 85

2,436 85

2,436 85

3,358 20

O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities) ...............................................................

2,194 37

2.500 92

2.500 92

2.500 92

6 90

600 00

20,171 61

12,061 56

11,310 20

53,871 84
22,439 00

Banking h o u se............................................................

Item s in tr a n s it......................................................

10 38

United States b o n d s.................................................
Due from banks in reserve cities...........................
Exchanges for clearing house.................................
U. S. and N ational b ank currency........................

6,172 00

12,407 00

18,153 00

Gold co in ..............................................

6,126 60

4,078 70

4,258 70

6,458 70

Silver co in ........................................

6,901 00

4,964 50

3,651 00

2,894 50

Nickels and c e n ts.................................
Checks, cash item s and internal revenue ac­
count ..................................

917 87

857 32

1,145 57

611 24

3,496 18

1,075 90

458 81

3,216 61

T o ta ls..........................................

$352,842 97

' $362,882 85

$363,548 28

$434,309 53

Liabilities.
Capital stock paid i n .......................

$50,000 00

$50,000 00

$50,000 00

$50,000 00

10,000 00

10,000 00

10,000 00

10,000 00

20,113 56

22,264 93

23,151 98

24,006 73

Commercial deposits subject to check ...........

108,757 95

117,795 90

120,157 36

183,272 64

Commercial certificates of dep o sit..............

112,862 06

103,626 77

75,950 18

42,337 44

1,449 80

727 62

185 18

7,627 32

35 00

50 00

15 50

250 00

39,624 60

48,220 13

51,573 15

67,144 63

13,964 93

49,085 77

Surplus f u n d .......................
Undivided profits, less current expenses, interest
and taxes p a id ..........................
Dividends u n p a id ......................

Due to banks and b an k ers.........................
Certified checks...................................

585 00

Cashier’s checks o u tstan d in g ...........
Savings deposits.................................
Savings certificates of deposit...................
Notes and bills rediscounted...............

10,000 00

10,197 50

18,550 00

$352,842 97

$352,882 85

$363,548 28

Bills p ay ab le...............................

T o ta ls...................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$434,309 53

201

STATE BANKS OF MICHIGAN.
No. 282.
CITIZENS’ STATE BANK, PLAINWELL.
Organized October 27, 1903.

E. H. I n g r a h a m , V i c e P r e s i d e n t ; A. I. S h e p a r d , C a s h i e r ;
E. W. B o w 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 . — J. N. Ransom , E. H. In g rah a m , F. A. Blakeley. T. G. B achelder, E. P. Hackley,
E. W. Bowm an, F . F P a tte rso n .
J ohn

N.

R a nso m ,

P resid en t;

Resources.

R eport of
Jan. 22.

R eport of
March 28.

R eport of
Ju n e 9.

R eport of
Sept. 6.

Uoa.ns and disco u n ts.................................................

$37,503 50

$36,077 49

$63,151 14

$63,151 82

Ponds lnortgages and securities...........................

6,356 25

28,890 25

30,672 25

31,022 25

297 18

Prem ium s paid on bonds .......................................

6 01

385 76

17 69

Ranking h o u se............................................................

3,500 00

3,500 00

3,500 00

3,500 00

O v erd rafts.................................................t ................
F urniture and fix tu res..............................................

1,926 69

1,926 69

1,928 69

1,926 69

Other real estate
..................................................
Due from other banks and bankers (not reserve
cities) ........................................................................

30,058 78

32,875 55

26,754 49

31,547 25

item s in tr a n s it..........................................................

1,630 41

602 71

1,271 10

72 09

TTnifed S tates bonds

1,000 00
40,729 73

26,915 98

18,227 78

34,472 03

Dues from hanks in reserve citie s........................
Fxehanges for clearing h o u se .. .
IT. S. and National bank currency ........................

2,294 00

5,222 00

7,317 00

4,208 00

Gold co in ......................................................................

1,947 50

1,032 50

1,800 00

2,027 50

Silver co in ....................................................................

2,268 80

2,288 10

2,045 95

1,846 70

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue acc o u n t.........................................................................

60 45

52 70

-47 08

12 38

131 47

860 72

705 51

1,490 09

T o ta ls.................... '.............................................

$129,407 58

$140,547 88

$157,804 75

$175,294 49

Liabilities.
Capital stock paid i n ................................................

$19,521 21

$23,130 00

$24,000 00

$24,000 00

145 11

708 86

1,327 99

790 97

Commercial deposits subject to check.................

51,191 56

46,115 74

42,008 52

42,590 52

Commercial certificates of deposit.........................

57,634 83

07,799 74

85,859 49

99,451 14

914 87

2,793 54

4,608 75

8,055 86

$129,407 58

$140,517 88

$157,804 75

$175,294 49

Surplus fund ..
........................................
Undivided profits, less current expenses, interest
and taxes p a id .......................................................

400 00
6 00

Dividends u n p a id ......................................................

Due fo banks and bankers
Certified checks
Cashier’s checks outstanding
Savings dep o sits.........................................................
Savmgs r*prtifica.tes of deposit,
Notos and bills rediscounted
Rills payable

T o ta ls...................................................................

26


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

202

STATE BANKING DEPARTMENT.
No. 99.
PLYMOUTH UNITED SAVINGS BANK, PLYMOUTH.
Organized May 29, 1890.

C. A.

F is h e r ,

P residen t;

T. Y.
C.

Q u a c k e n b u s h ,, V i c e P r e s i d e n t ;
S. B u t t e r f ie l d , A s s i s t a n t C ashier.

E. K.

B ennett,

C ash ier;

D i r e c t o r s .—

C. A. F ish e r, J. B. T illotson. George S. V an Sickle, T. V. Quackenbush,
E. K. B ennett, W. O. Allen, T. C. Sherwood, Wm. Livingstone, H oyt P ost, D. D Allen,
E. C. Hough, E . N. Passage, O. A. Fraser, P . Van Voorhies.
Resources.

R eport of
Jan. 22.

R eport of
March 28.

R eport of
June 9.

R eport of
Sept. 6.

Loans and disco u n ts.................................................

$243,512 54

$259,273 85

$264,147 34

$235,314 27

Bonds, m ortgages and securities...........................

135,398 90

135,513 90

136,083 90

137,080 00

120 93

70 56

5,500 00

5,500 00

5.500 00

Prem ium s paid on b o n d s.........................................
O v erd rafts...................................................................

108 97

B anking h o u se...........................................................

5,500 00

F u rn itu re and fix tu res..............................................

3,600 00

3,600 00

3,650 00

3.500 00

O ther real e s ta te .....................................
Due from other banks and bankers (not reserve
cities) ........................................................................

13,381 71

13,381 71

13,281 71

13,200 00

Item s in tr a n s it..........................................................

156 89

1,464 46

48 00

100 00

45,920 19

43,231 98

34,616 33

39,847 88

4

United States b o n d s..................................................
Due from banks in reserve cities...........................
Exchanges for clearing house.................................
U. S. and N ational bank currency........................

10,270 00

6,627 00

9,785 00

8,668 00

Gold co in ..........................................

6,711 00

.7,871 00

7,156 00

8,398 50

Silver co in ............................................

2,618 65

2,084 10

2,069 45

2,639 50

38 17

31 40

41 08

16 47

2,939 11

370 72

278 96

419 01

$470,156 13

$478,950 12

$476,778 70

$454,754 19

$75,000 00

$75,000 00

$75,000 00

$75,000 00

11,000 00

11,000 00

11,000 00

12,000 00-

1,225 51

3,811 06

2,542 60

2,700 49

162 00

15 00

Commercial deposits subject to check...............

83,573 92

64,110 70

56,082 31

61,481 62

Commercial certificates of dep o sit.........................

16,897 32

12,672 12

6,626 23

686 07

212,925 71

229,231 63

234,613 44

215,244 61

69,371 67

83,109 61

80,914 12

87,554 40

Nickels and c e n ts.........................
Checks, cash item s and internal revenue ac­
count ......................................

T o ta ls..........................................
Liabilities.
Capital stock paid i n ............................................
Surplus f u n d ....................................
Undivided profits, less current expenses, interest
, and taxes p a id ..............................
Dividends u n p a id ..........................................

87 00

Due to banks and b an k ers........ •...........
Certified checks.......................................
Cashier’s checks o u tstan d in g ..................................
Savings d ep o sits..........................................
Savings certificates of dep o sit.............
Notes and bills rediscounted....................
Bills p a y ab le......................................
T o ta ls..................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

10,000 00
$470,-156 13

<U78 Q.^n 19

I

'

!

$454,754 19

203

STATE BANKS OF MICHIGAN.
No. 275.
AMERICAN SAVINGS BANK, PONTIAC.
Organized April 28, 1903.
H.

S.

C h a pm a n , P r e s id e n t ;

D ir e c t o r s .— F r e d

A l b e r t G . G r ig g s , V i c e P r e s i d e n t ; A .
A . W . D ic k in s o n , A s s is t a n t C a s h ie r .

F.

N ew berry,

C a s h ie r ;

G i d d i n g s , F . J . P o o l e , S . E . G reen, O liv e r P e rr y , E . H . F a rm e r, A. G.
G rig g s, G. W . D ic k in so n , H . S. C h a p m a n , A. F . N e w b e rry .
!
R e p o rt of
R e p o rt of
R e p o rt of
R e p o rt of
S e p t. 6.
J
u
n
e
9.
M
arch
28.
J
a
n
.
22.
R esources.

P o a n s and d is c o u n ts ......................................................

$61,927 24

$78,708 IS

$98,644 93

$119,350 13

P o n d s m o rtg ag es and s e c u ritie s ..............................

52,515 00

60,805 00

75,300 15

92,384 45

P rem iu m s paid on b o n d s .............................................

100 00

O v e r d r a f t s ........................................................................

181 88

F u rn itu re a,nd fix tu re s ..................................................

100 00

100 00

483 87

2,232 66

1,494 44

3,116'l l

3,888 61

4,433 92

7,183 92

Tt,ems in tr a .n sit...............................................................

1,222 88

4,416 55

1,367 94

3,589 17

D ue from b a n k s in reserv e c itie s .............................

9,591 39

22,253 94

40,786 89

25,059 73

(T. ft. and N atio n al b a n k c u rre n c y ..........................

5,855 00

5,292 00

10,724 00

4,453 00

G old c o in .............................................................. .............

475 00

765 00

1,440 00

2,450 00

S ilv er c o in ..........................................................................

445 58

490 00

200 00

695 90

N ickels a n d c e n t s ............................................................
C hecks, c ash item s a n d in te rn a l rev e n u e ac ­
c o u n t ...............................................................................

47 00

51 53

181 31

149 04

276 57

2,146 42

3,466 10

309 31

T o t a ls .........................................................................

$135,753 65

$179,301 10

$238.877 90

$257,219 09

L iab ilities.
C ap ita l sto ck p a id i n .....................................................

$50,000 00

$50,000 00

$50,000 00

$50,000 00

U n d iv id e d pro fits, less c u rre n t expenses, in te re st
a n d ta x e s p a i d .............................................................

201 15

485 30

932 75

1,139 36

C om m ercial d ep o sits s u b jec t to c h e c k ....................

13,718 68

40,974 70

52,644 68

45,866 58

34,573 35

54,541 31

69,141 64

53,267 75

80,759 16 |

91,071 51

D u e from o th e r b a n k s a n d b a n k e rs (n o t reserv e

C om m ercial certificates of d eposit

75 00

C ash ier’s checks o u ts ta n d in g
S av in g s d e p o s its ..............................................................
S av in g s certificates of d e p o s it...................................

27,753 24
44,005 58

N o tes and bills red isco u n ted

T o ta ls .........................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$179.301 10

$135.753 65
1

$257,219 09

$238,877 90
1

204

STATE BANKING DEPARTMENT.
No. 146.
FIRST COMMERCIAL BANK, PONTIAC.
Organized December 24, 1892.
A.

P arker,

P r e s id e n t ;

D i r e c t o r s .— A b ra m

W, H .

D a w son ,

V ic e

P r e s id e n t ;

C.

E.

W ald o ,

C a s h ie r .

P a r k e r . C. G. F re e m a n , C. M. C ro fo o t, J o h n H . P a tte r s o n , W . H .
D a w so n , C. E . W ald o , F . G. J a c o b s .

R esources.

R e p o rt of
J a n . 22.

R e p o rt of
M arch 28.

R e p o rt of
J u n e 9.

R e p o rt of
S e p t. 6.

L oan s a n d d is c o u n ts ......................................................

$831,871 64

$850,149 75

$760,528 89

$773,717 46

B onds, m o rtg ag e s a n d s e c u ritie s ..............................

117,750 68

111,243 68

174,711 47

146,639 11

P rem iu m s p a id on b o n d s .............................................
O v e rd ra fts .....................................................................

7,320 11

1,886 82

1,928 56

2,099 11

B an k in g h o u s e ..................................................................

7,000 00

7,000 00

7,000 00

7,000 00

F u rn itu re a n d fix tu re s .........................................; . . .

3,999 00

3,999 00

3,999 00

3,600 00

O th e r real e s t a t e ...................................
D ue fro m o th e r b a n k s a n d b a n k ers (n o t reserv e
cities) ...................................

9,676 16

9,676 16

9,676 16

9,726 16

Ite m s in t r a n s i t ....................................

7,613 16

3,762 81

1,050 75

1,531 03

193,630 90

U nited S ta te s b o n d s ......................
D ue fro m b a n k s in re serv e c itie s ..............................

59,088 11

79,408 49

126,723 01

E x c h a n g e s fo r clearin g h o u s e ............. .......................

2,000 00

2,500 00

3,000 00

986 46

U. S. a n d N a tio n a l b a n k c u rre n c y ..........................

38,826 00

26,253 00

26,401 00

27 705 00

G old c o in .......................

25,037 50

26,187 50

28,580 00

32,212 40

7,022 38

5,050 00

5,300 00

4,000 00

800 00

703 83

805 96

667 91

421 04

1,391 91

772 51

1,209 62

$1,118,425 78

$1,129,212 95

$1,150,477 31

$1,204,725 16

$100,000 00

$100,000 00

$100,000 00

$100,000 00

16,000 00

16,000 00

16.000 00

18,000 00

14,855 14

20,158 21

21,4SI 34

20,808 07

S ilv er c o in ...........
N ickels an d c e n ts .............
Ohecks, cash ite m s a n d in te rn a l rev e n u e acc o u n t...................

T o ta ls ................................

L iab ilities.
C ap ital sto c k p a id i n .........................
S u rp lu s f u n d .........................
U ndivided pro fits, less c u rre n t ex p en ses, in te re s t
an d ta x e s p a i d ...............
D iv id en d s u n p a id .........................

320 00

80 00

C om m ercial d ep o sits su b je c t to c h e c k ...................

202,151 20

145,706 21

185,745 11

181,861 00

C om m ercial certificates of d e p o s it......................

448,934 76

477,158 64

493,847 20

534 480 65

6,476 03

3,260 22

D ue to b a n k s a n d b a n k e r s ............................
C ertified c h e c k s ..................................

80 00

106 25

100 00

500 00

125 52

305,516 08

314,827 97

322,750 71

345,402 60

5,542 35

5,181 92

3,676 92

706 50

25,000 00

50 000 00

$1,118,425 78

$1,129,212 95

$1,150,477 31

$1,204,725 16

C ash ier’s checks o u ts ta n d in g .................................
S avin g s d e p o s its ..............................................
S avin g s certific a te s of d e p o s it...............................
N otes a n d bills re d is c o u n te d .............................
B ills p a y a b le .........................................

T o ta ls .........................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

.

STATE BANKS OF MICHIGAN.

205

No. 149.
OAKLAND COUNTY SAYINGS BANK, PONTIAC.
Organized December 29, 1892.
J o sh u a

H il l ,

P r e s id e n t ;

D i r e c t o r s .— J o s h u a

H ill,

H.

F . M e s s in g e r , V ic e P r e s i d e n t ;
F . P err y , A s s is t a n t C a s h ie r .

6.

H. F.

M essin g er,

C h an c e y

B ra c e ,

J.

F.

A.

L.

P erry,

G ra le y ,

H.

C a s h ie r ;

W.

G reen,

J . A. Jac o k e s, S. J . P a ttg r s o n .

R esources.

R e p o rt of
J a n . 22.

R e p o rt of
M arch 28.

R e p o r t of
J u n e 9.

R e p o r t of
S e p t. 6.

L o an s a n d d is c o u n ts ......................................................

$224,552 62

$234,059 62

$242,892 07

$230,235 18

B o n d s, m o rtg ag e s a n d s e c u ritie s ..............................

204,816 43

211,413 43

214,837 01

220,758 66

2,104 48

1,481 20

1,929 07

1,523 80

3,000 00

3,000 00

3,000 00

3,000 00

250 00

250 00

350 00

100 00

1,990 33

45,599 13

P rem iu m s p a id on

b o n d s ,........................................

O v e rd ra fts .....................................................................
B an k in g h o u s e .................................................................
F u r n itu re a n d fix tu re s ..................................................
O th e r re a l e s t a t e .............................................................
D ue fro m o th e r b a n k s a n d b a n k ers (n o t reserv e
cities) ..............................................................................
Ite m s in t r a n s i t ...............................................................

225 00
245 00

U n ite d S ta te s b o n d s ......................................................
D ue fro m b a n k s in reserv e c itie s ..............................

43,324 93

44,285 47

39,269 01

E x ch an g es for clearin g h o u s e ....................................

287 19

2,271 35

671 91

767 68

U . S. a n d N a tio n a l b a n k c u rre n c y ..........................

15,646 00

10,627 00

17,097 00

11,941 00

G old c o i n . ........... ............................................'.................

8,597 50

7,297 50

9,535 00

8,327 50

Silver c o in .....................................................................

2,510 85

1,433 00

3,610 95

2,813 95

247 77

116 27

87 80

29 86

1,793 28

403 09

227 79

327 31

T o ta ls .....................................................................

$507,126 05

$516,862 93

$533,507 61

$527,664 40

L iab ilities.
C ap ital sto ck p a id i n ................................................

N ickels a n d c e n ts .......................................
Checks, c ash item s a n d in te rn a l re v e n u e ac­
c o u n t ...............................................................................

$50,000 00

$50,000 00

$50,000 00

$50,000 00

S u rp lu s f u n d .....................................................................
U n d iv id e d p ro fits, less c u rre n t expenses, in te re s t
a n d ta x e s p a i d .............................................................

6,500 00

6,500 00

6,500 00

6,750 00

303 55

1,299 02

354 33

619 71

D iv id en d s u n p a id ............................................................

40 00

C om m ercial d ep o sits su b je c t to c h e c k ...................

41,262 49

44,158 12

44,599 11

46,181 59

S av in g s d e p o s its ..............................................................

218,540 48

224,672 65

235,890 71

231,553 20

S av in g s certificates of d e p o s it...................................

190,479 53

190,233 14

196,163 46

192,539 90

$507,126 05

$516,862 93

$533,507 61

$527,664 40

20 00

C om m ercial certificates of d e p o s it..........................
D ue to b a n k s a n d b a n k e r s ..........................................
C ertified c h e c k s ................................................................
C ash ier’s checks o u ts ta n d in g .....................................

N o tes a n d bills re d is c o u n te d ......................................
Bills p a y a b le .....................................................................

T o ta ls ..........................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

STATE BANKING DEPARTMENT.

206

No. 211.
PONTIAC SAVINGS BANK, PONTIAC.
Organized November 1, 1898.
S. S. M a t t h e w s ,
D i r e c t o r s .— F r a n k

P r e s id e n t ;

F rank

II. H

a le,

V ic e

P r e s id e n t ;

Cram er

S m it h , C a s h ie r .

H . C a rro ll, E lm e r R. W e b ste r. S a lm o n S. M a tth e w s ,
C ra m e r S m ith , F . H . H a le.

R esources.

R e p o rt of
J a n . 22.

R e p o rt of
M arch 28.

S. J . T o m lin so n ,

R e p o rt of
J u n e 9.

R e p o rt of
S e p t. 6.

L oan s a n d d is c o u n ts ......................................................

8251,010 90

$299,410 49

$304,980 66

$299,851 84

B on d s m o rtg ag es a,nd s e c u ritie s ..............................

230,944 84

240,692 06

293,064 43

261,196 32

.............................................................

1,105 81

863 85

1,411 55

1,273 89

R an k in g h o u s e .................................................................

8,500 00

8,500 00

8,500 00

8,500 00

O v e rd ra fts

-

F u r n itu re and fix tu re s ..................................................

5,300 00

5,300 00

5,300 00

5,300 00

■Other real e s t a t e .............................................................
D ue fro m o th e r b a n k s a n d b a n k e rs (n o t reserv e
cities)
....................................................................

553 61

553 61

553 61

553 61

12,001 97

1,148 33

140 82

Tterns in transit, .............................................................

7,705 46

6,342 87

1,567 60

4,330 98

113,146 14

87,731 66

78,384 30

101,720 05

U n ite d S ta te s b o n d s ....................................................
jDue from h a n k s in reserv e c itie s .............................
E x ch an g es for clearin g h o u s e ....................................

534 67

693 07

1,112 78

908 66

TT R and N a tio n a l b a n k c u rre n c y ..........................

15,245 00

14,840 00

11,604 00

19,112 00

■Ttold c o in ............................................................................

9,430 00

11,410 00

14,505 00

19,675 00

S ilv er c o in ..........................................................................

4,381 10

2,941 10

1,561 00

1,701 10

N ickels and c e n ts ............................................................
C hecks, c ash item s a n d in te rn a l rev e n u e acc o u n t...............................................................................

560 60

665 69

160 65

92 95

158 09

197 84

30 00

672 81

T o ta ls .........................................................................

$348,577 22

$892,144 21

$723,883 91

$725,040 03

L iab ilities.
C ap ital sto ck p a id i n .....................................................

$50,000 00

$50,000 00

$50,000 00

$50,000 00

S u rp lu s f u n d .............................................................. ..
U n d iv id e d p ro fits, less c u rre n t expenses, in te re st
a n d ta x e s p a i d .............................................................

7,500 00

7,500 00

7,500 00

10,000 00

11,359 29

13,917 42

8,675 10

9,053 79

D iv id en d s u n p a id ...........................................................

90 00

30 00

C om m ercial d ep o sits s u b jec t to c h e c k ...................

98,094 57

131,830 65

168,621 89

123,942 02

D ue to b a n k s an d b a n k e r s ..........................................

70,970 91

63,278 53

35,552 97

39,832 28'

C ertified c h e c k s ...............................................................

53 51

500 00

3,784 05

30 00

3,522 88

C om m ercial certificates of d e p o s it.........................

O ashier\s checks o u ts ta n d in g .....................................
S a v in g s d e p o s its ..............................................................

203,171 23

208,850 04

217,904 01

229,837 68

R avings certificates of d e p o s it...................................

203,337 71

216,737 57

225,129 94

255,037 33

N o tes a n d bills re d is c o u n te d ......................................
10,000 00

Bills p a y a b le .....................................................................

T o ta ls .........................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$848,577 22

$392,144 21

$723,883 91

$725,040 03

STATE BANKS OF MICHIGAN.

207

No. 75.
THE COMMERCIAL BANK, PORT HURON.
Organized January 30, 1882.
A.

D.

B e n n e tt , P r e s id e n t ;

C.

N.

R u nn els,

C a s h ie r ;

Ch a s. D.

B eard, A s s is t a n t

C a s h ie r ;

S. W . M c F a r l a n d , A u d i t o r .
D i r e c t o r s — J o h n G. O 'N eill. C h a rle s A. W a rd . J . A . D a v id so n . A. D. B e n n e tt, A lb e rt D ixon,
W . F . D a v id so n , G. C. M eisel, C. N. R u n n e ls.

R esources.

R e p o rt of
J a n . 22.

R e p o rt of
M arch 28.

R e p o rt of
J u n e 9.

R e p o rt of
S e p t. 6.
.

L o an s a n d d is c o u n ts ......................................................

$834,988 52

$849,741 36

$847,281 64

$803,191 05

B o n d s, m o rtg ag es a n d s e c u ritie s ..............................

357,205 86

380,648 68

378,233 68

466,713 85

P rem iu m s p a id on b o n d s .............................................
O v e rd ra fts ..........................................................................

66 33

384 38

1,406 32

2,874 65

B an k in g h o u s e .................................................................

30,000 00

30,000 00

30,000 00

30,000 00
8,000 00

F u rn itu re a n d fix tu re s ...................................................

8,000 00

8,000 00

8,000 00

O th e r real e s t a t e .............................................................
D ue fro m o th e r b a n k s a n d b a n k ers (n o t reserv e
c itie s ) ...............................................................................

7,840 05

7,725 00

7,725 00

7 500 00

12,518 75

8,517 26

8,022 05

5,583 80

Ite m s in t r a n s i t ...............................................................

25,227 40

52,471 61

35,097 00

14,887 69

D u e fro m b a n k s in reserv e c itie s .............................

292,785 14

201,574 01

81,544 57

191,812 20

E x c h a n g e s for clearin g h o u s e ....................................

10,624 98

3,830 75

6,979 92

8,969 82

U. S. a n d N a tio n a l b a n k c u rre n c y ..........................

64,140 00

44,927 00

41,160 00

22,790 00

U n ite d S ta te s b o n d s ......................................................

G old c o in ............................................................................

17,675 00

22,173 00

20,050 00

27,120 00

S ilv er c o in ..........................................................................

7,086 00

7,129 75

7,770 00

7,072 00

N ickels a n d c e n t s ....................................................... *.
C hecks, c ash item s a n d in te rn a l rev e n u e acc o u n t................................................................................

734 10

812 00

938 95

964 93

1,464 65

374 91

447 30

479 57

T o t a ls .........................................................................

$1,670,356 78

$1,618,309 71

$1,474,656 43

$1,597,959 56

L iab ilities.
C a p ita l sto c k p a id i n .....................................................

$100,000 00

$100,000 00

$100,000 00

$100,000 00

S u rp lu s f u n d .....................................................................
U n d iv id e d pro fits, less c u rre n t expenses, in te re st
a n d ta x e s p a i d .............................................................

25,000 00

25,000 00

25,000 00

25,000 00

71,774 94

71,370 40

71,176 98

72,102 17

D iv id en d s u n p a id ............................................................

250 00

C o m m ercial d ep o sits su b je c t to c h e c k ...................

664,963 83

579,553 73

487,070 26

585,178 78

C om m ercial certificates of d e p o s it...........................

76,327 85

80,726 36

77,504 40

70,391 87

D u e to b a n k s a n d b a n k e r s ................................ ..

20,377 98

34,522 23

20,989 02

37,930 22

141 05

20 00

3,003 70

2,112 86

711,521 13

727,116 93

689,912 07

705,243 66

T o ta ls .......................................................................... $1,670,356 78

$1,618,309 71

$1,474,653 43

$1,597,959 56

C ertified c h e c k s ................................................................
C ash ier’s checks o u ts ta n d in g .....................................
S a v in g s d e p o s its ..............................................................
S a v in g s certificates of d e p o s it.,.................................
N o tes a n d bills re d is c o u n te d ......................................
B ills p a y a b le .....................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

STATE BANKING DEPARTMENT.

208

No. 49..
PORT HURON SAYINGS BANK, PORT HURON.
Organized January 1, 1873.
H enry

M cM o er a n , P r e s id e n t ; J a m e s H . W h it e , V ic e
C h a r l e s F . H a r r in g t o n , C a s h i e r .

P r e s id e n t ;

D i r e c t o r s . — J a m e s H . W h ite , * N e lso n M ills. H e n ry M cM o rra n , C h a rle s F . H a r r in g to n , A. C.

G ra y .
«
R esources.

R e p o rt of
J a n . 22.

R e p o rt of
M arch 28.

R e p o rt of
J u n e 9.

R e p o rt of
S e p t. 6.

Uoa.ns and d is c o u n ts ......................................................

$255,977 22

$259,327 58

$274,881 04

$261,790 92

R onds m o rtg ag e s an d s e c u ritie s ..............................

61,914 17

58,209 17

59,116 17

58,611 17

952 76

1,142 58

1,514 40

1,699 89

P rem iu m s p aid on b o n d s .............................................
O v e rd ra fts ..........................................................................
R an k in g h o u s e .................................................................
F u r n itu re a n d fix tu re s ..................................................

1,600 00

1,600 00

1,600 00

1,600 00

O th e r re a l e s t a t e .............................................................
D ue fro m o th e r b a n k s a n d b a n k e rs (n o t reserv e
c itie s ) ...............................................................................

9,727 44

9,744 87

9,774 34

9,774 34

Ite m s in t r a n s i t ...............................................................

563 71

750 00

1,985 34

300 00

D u e from b a n k s in re serv e c itie s ..............................

26,302 23

30,618 89

10,142 38

22,127 51

F x e h a n g es for clearin g h o u s e ....................................

1.326 98

1,341 76

2,253 45

4,009 51

TT. S. and N a tio n a l ba/nk c u rre n c y ...........................

11,763 00

11,918 00

7,600 00

12,513 00

U n ited S ta le s b o n d s ......................................................

G old c o in ............................................................................

865 00

1,685 00

1,395 00

932 50

S ilv er c o in ..........................................................................

2,222 55

3,235 00

657 65

1,079 75

N ickels a n d c e n t s ............................................................
C hecks, cash item s a n d in te rn a l re v e n u e ac­
c o u n t ...............................................................................

4-12 86

482 36

352 26

194 25

1,113 97

1,486 71

1,602 28

1,337 68

T o ta ls ..........................................................................

$374,741 89

$381,541 92

$372,874 31

$375,970 52

L iab ilities.
C ap ital sto ck p a id i n .....................................................

$100,000 00

$100,000 00

$100,000 00

$100,000 00

20,000 00

20,000 00

20,000 00

20,000 00

21,961 19

23,846 22

24,277 88

21,893 97

S u rp lu s f u n d .....................................................................
U n d iv id ed pro fits, less c u rre n t expenses, in te re s t
a n d ta x e s p a i d .............................................................
D iv id en d s u n p a id ...........................................................

1,036 00

108 00

100 00

200 00

C om m ercial d ep o sits s u b jec t to c h e c k ...................

42,274 18

47,941 83

39,956 61

53,222 79

C om m ercial certificates of d e p o s it...........................

21,201 50

22,688 95

23,921 26

19,896 08

1,000 00

1,551 00

1,610 00

D u e to b a n k s a n d b a n k e r s ..........................................
C ertified c h e c k s ................................................................
C ash ier’s checks o u ts ta n d in g .....................................
S av in g s d e p o s its ......................................... ....................

535 00
636 67

26
167,269 02

165,405 66

163,008 56

$374,741 89

$381,541 92

8372 874 31

159,586 01

S av in g s certificates of d e p o s it...................................
N o tes a n d bills re d is c o u n te d ......................................
B ills p a y a b le .....................................................................

T o ta ls ..........................................................................

*375.970 52
I

^D eceased .


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

209

STATE BANKS OF MICHIGAN.
No. 98.
ST. CLAIR COUNTY SAVINGS BANK, PORT HURON.
Organized May 26, 1890.
C harles

E . G. S p a l d i n g , V i c e P r e s i d e n t ; F r e d T . M o o r e , C a s h i e r ,
A rm s tro n g , B. G. S p a ld in g , F . T. M oore, C h a rle s W e llm a n , S te p h e n M oore,
L in c o ln A v e ry , M o rtim e r W illso n .

W ellm a n , P r e s id e n t ;

D i r e c t o r s .— S.

R esources.

R e p o rt of
J a n . 22.

R e p o rt of
M arch 28.

R e p o rt of
J u n e 9.

R e p o rt of
S e p t. 6.

L o an s atKl d is c o u n ts ,....................................................

$581,730 76

$621,044 62

$634,498 20

$616,654 61

B o n d s m o rtg ag e s and s e c u ritie s ..............................

237,407 76

231,318 38

239,789 75

198,182 07

P rem iu m s paid on b o n d s .............................................
O v e rd ra fts ..........................................................................

2,591 96

1,973 04

2,160 06

3,803 67

B an k in g h o u s e .................................................................

16,500 00

16,500 00

16,500 00

16,500 00

F u rn itu re, an d fix tu re s ..................................................

4.000 00

4.000 00

4.000 00

4,009 00

O th e r real e s t a t e .............................................................
D u e fro m o th e r b a n k s a n d b a n k e rs (n o t reserve
cities)
- r ....................... - .........................

9.000 00

9.000 00

9.000 00

8,000 00

Tterns in t r a n s i t ...............................................................

21,708 66

23,476 24

19,022 16

10,524 56

D ue from b a n k s in reserv e c itie s .............................

97,804 87

114,037 75

92,709 26

108,632 78

"Exchanges for clearin g h o u s e ...................................

2,010 11

5,515 82

S,506 19

4,789 02

TT R and N atio n al h a n k c u rre n c v ............................

31,005 00

22,890 00

20,593 00

18,116 00

U n ited S ta te s b o n d s . T..................................................

Gold c o in ............................................................................

7,510 00

5,835 00

22,825 00

16,355 00

S ilv er c o in ..........................................................................

2,551 50

2,087 50

3,334 75

1,828 45

N ickels a n d c e n t s ...........................................................
C hecks, cash ite m s a n d in te rn a l rev e n u e acc o u n t...............................................................................

670 21

561 50

520 91

413 12

3,508 57

3,260 41

3,285 41

5,793 48

T o ta ls .........................................................................

$1,017,999 40

$1,061,500 26

$1,076,744 69

$1,013,592 76

L iab ilities.
C ap ita l sto ck p a id i n .....................................................

$50,000 00

$50,000 00

$50,000 00

$50,000 00

50,000 00

50,000 00

50,000 00

50,000 00

20.551 75

24,341 34

25,808 92

25,273 14

S u rp lu s f u n d .....................................................................
U n d iv id e d p ro fits, less c u rre n t expenses, in te re st
a n d ta x e s p a id ..............................................................

1,002 00

D iv id en d s u n p a id ...........................................................
C om m ercial d ep o sits su b je c t to c h e c k ...................

330,348 21

380,748 92

429,230 30

395,189 17

C om m ercial certificates of d e p o s it...........................

67,937 16

63,407 62

55,232 56

44,143 63

265 00

D u e to b a n k s a n d b a n k e r s ..........................................
49 00

C ertified c h e c k s ................................................................

306 10

20 00

Oa.shier’s checks o u ts ta n d in g .....................................

2,000 00

900 00

S av in g s d e p o s its ..............................................................

490,856 18

492,082 38

465,205 91

448,687 82

T o ta ls .................................. ....................................... $1,017,999 40

$1,061,500 26

$1,076,744 09

$1,013,592 76

250 00

S av in g s certificates of d e p o s it...................................
N o tes and bills re d is c o u n te d ......................................
B ills p a y a b le .....................................................................

27


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

210

STATE BANKING DEPARTMENT.
No. 217.
QUINCY STATE BANK, QUINCY.
Organized August 1, 1899.

U

A. R o e t h l i s b e r g e r ,

P r e s id e n t ;
P url

N. II- A n d r u s ,

V ic e
P r e s id e n t ;
C a s h ie r .

M. S. S e g u e

C a s h ie r ;

P o w er, A s s is t a n t

D i r e c t o r s . — F . A. R o e th lisb e rg e r, M. S. S e g u r, S. M. G oldden, H a rv e y C h ase, N. H . A n d ru s .

R esources.

R e p o rt of
J a n . 22.

R e p o rt of
M arch 28.

R e p o rt of
J u n e 9.

R e p o rt of
S e p t. 6.

L o an s a n d d is c o u n ts ......................................................

#81,628 34

$81,304 16

$75,023 46

$81,488 29

B on d s, m o rtg ag e s a n d s e c u ritie s ..............................

22,263 52

21,215 02

21,215 02

21,905 02

282 49

396 21

486 91

318 00

F u r n itu re a n d fix tu re s ..................................................

1,261 00

1,261 00

1,261 00

1,261 00

O th e r re a l e s t a t e .............................................................
D ue from o th e r b a n k s a n d b a n k e rs (n o t reserv e
cities) ........................................................................

2,961 99

4,389 61

3,035 83

833 82

11,814 32

4,617 92

20,149 52

9,731 49

P rem iu m s p a id on b o n d s .............................................
O v e rd ra fts .....................................................................
B an k in g h o u s e .................................................................

Ite m s in t r a n s i t ...............................................................
U n ite d S ta te s b o n d s ......................................................
D ue fro m b a n k s in re serv e c itie s .............................
E x c h a n g e s for clearin g h o u s e ....................................
U. S. a n d N a tio n a l b a n k c u rre n c y ..........................

6,076 00

5,876 00

7,564 00

4,661 00

G old c o in ......................................................... • ..........

3,025 00

3,055 00

3,005 00

3,205 00

S ilver c o in .....................................................................

1,310 10

1,277 60

1,583 25

882 90

71 17

36 88

25 22

27 50

236 69

210 33

25 25

2,108 16

$130,930 62

$123,639 73

$133,374 46

$126,422 24

$40,000 00

$40,000 00

$40,000 00

$40,000 00

2,400 00

2,400 00

2,400 00

2,800 00

1,677 73

2,249 46

3,128 99

2,262 54

81 07

6 07

6 00

9 00

C om m ercial d ep o sits s u b jec t to c h e c k .................

26,671 81

16,343 95

25,661 16

18,949 05

C om m ercial c ertificates of d e p o s it......................

60,100 01

62,640 25

62,178 31

62,401 65

$133,374 46

$126,422 24

N ickels a n d c e n ts ..............................................
Checks, c ash item s a n d in te rn a l rev e n u e ac­
c o u n t .................................................................

T o ta ls .....................................................................

L iab ilities.
C ap ita l sto ck p a id i n ............................................
S u rp lu s f u n d .............................................. ..
U n d iv id ed pro fits, less c u rre n t expenses, in te re s t
a n d ta x e s p a id ...................................................
D iv id en d s u n p a id ................................................

D ue to b a n k s a n d b a n k e r s ..........................................
C ertified c h e c k s ................................................................
C ash ier’s checks o u ts ta n d in g ......................................
S avings d e p o s its ..............................................
S avings certificates of d e p o s it...............................
N otes a n d bills re d is c o u n te d ......................................
Bills p a y a b le ..................................................

T o ta ls .........................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

211

STATE BANKS OF MICHIGAN.
No. 69.
THE STATE BANK OF READING, READING.
Organized December 27, 1889.
H e n r y F . D o ty , P r e s id e n t ; J. W . C h a p m a n , V ic e

P r e s id e n t ;

G e o r g e E . T e r p e n in g , C a s h ie r

.

D i r e c t o r s . — A d e lb e rt R. C h a p m a n , H e n ry

F . D o ty , J . W . C h a p m a n , F . M. S te w a r t, E u g e n e
K.
M ead er.

R esources.

R e p o rt of
J a n . 22.

R e p o rt of
M arch 28.

R e p o rt of
J u n e 9.

R e p o rt of
S e p t. 6.

L oans and d is c o u n ts ......................................................

$98,157 30

$103,417 41

$105,195 42

$110,729 76

B o n d s, m o rtg ag e s a n d s e c u ritie s ..............................

44,286 60

44,763 00

42,663 00

41,258 00

1,025 00

1,025 00

1,025 00

1,205 00

P rem iu m s p aid on b o n d s .............................................
O v e rd ra fts ..........................................................................
R an k in g h o u se TT...........................................................
F u r n itu re a,nd fix tu re s ..................................................
O th e r real e s t a t e .............................................................
D u e fro m o th e r b a n k s a n d b a n k e rs (n o t reserv e
c itie s ) ...............................................................................

1,336 15

73 98

478 34

273 63

Ite m s in t r a n s i t ...............................................................

2,071 45

5,582 73

7,720 36

5,676 08

U n ited S ta te s b o n d s ......................................................

3,000 00

3,000 00

3,000 00

3,000 00

D ue from b a n k s in re serv e c itie s .............................

45,530 81

28,836 97

36,610 82

29,176 68

F x c h a n g e s for cleaving h o u s e ....................................
U S. an d N a tio n a l b a n k c u rre n c y ..........................

8,357 00

4,322 00

7,658 00

5,972 00

G old c o in ............................................................................

3,980 00

4,420 00

5,320 00

6,250 00

S ilv er c o in ..........................................................................

532 00

880 00

973 00

768 00

N ickels a n d c e n ts ............................................................
C hecks, cash ite m s a n d in te rn a l rev e n u e ac­
c o u n t ................................................................................

50 22

44 08

50 29

50 77

4,896 72

9,877 83

2,789' 33

2,309 06

T o ta ls ..........................................................................

$213,223 25

$206,243 00

$213,483 56

$206,668 98

L iab ilities.
C ap ita l sto c k p a id i n .....................................................

$25,000 00

$25,000 00

$25,000 00

$25,000 00

6,000 00

6,000 00

6,000 00

6,000 00

7,855 77

7,470 67

8,775 86

9,781 79

S u rp lu s f u n d .....................................................................
U n d iv id e d p ro fits, less c u rre n t expenses, in te re st
a n d ta x e s p a i d .............................................................
D iv id en d s u n p a id ...........................................................
C om m ercial d ep o sits s u b jec t to c h e c k ...................

25,021 06

27,538 07

26,534 51

22,668 42

C om m ercial c ertificates of d e p o s it...........................

149,346 42

140,234 26

147,173 19

143,218 77

$213,223 25

$206,243 00

$213,483 56

$206,668 98

D ue to b a n k s a n d b a n k e r s ..........................................
C ertified c h e c k s ................................................................
C ash ie r’s checks o u ts ta n d in g .....................................
S av in g s d e p o s its ..............................................................
S a v in g s certific a te s of d e p o s it............................
N o tes a n d bills re d is c o u n te d ......................................
Rills p a y a b le .....................................................................

T o ta ls ..........................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

212

STATE BANKING DEPARTMENT.
No. 206.
MACOMB COUNTY SAVINGS BANK, RICHMOND [LENOX P. O.].
Organized September 1, 1898.

J a m es. E.

W etee,

P r e s id e n t ;

A nder
F rank

S im m o n s ,

F rank

W.

F ennek,

V ic e

P r e s id e n t s ;

J. I I ie t , C a s h ie r .
D i r e c t o r s . — P a u l J . U llric h , J a m e s F . W e te r, A n d re S im m ons, A. M a r tin K e ele r, G eorge A.
B ailey , F r a n k W . F e n n e r, C h a rle s L in d k e, O sc a r C. L u n g e rh a u s e n , D . L. Ita p e lje .

R esources.

R e p o rt of | R e p o rt of
J a n . 22.
M arch 28.

R e p o rt of
J u n e 9.

R e p o rt of
S e p t. 6.

L oans an d d is c o u n ts ......................................................

$103,547 55

$96,703 18

$95,365 49

$105,679 20

B onds, m o rtg ag es a n d s e c u ritie s ..............................

108,840 99

109,761 04

117,562 94

119,115 64

2,233 49

35 01

55 IS

174 34

P rem iu m s p a id on b o n d s .............................................
O v e rd ra fts ..........................................................................
B an k in g h o u s e .................................................................
F u r n itu re a n d fix tu re s ..................................................

1,200 00

1,200.00

1,200 00

1,000 00

O th e r re a l e s t a t e .............................................................
D ue from o th e r b a n k s a n d b a n k e rs (n o t reserv e
c itie s )...............................................................................

272 73

995 94

3,362 70

2,847 53‘

Ite m s in t r a n s i t ................................................................

2,590 00

19,516 55

23,783 61

25,284 27

19,170 36

U n ited S ta te s b o n d s ......................................................
D ue fro m b a n k s in reserv e c itie s ..............................
E x c h a n g e s for clearin g h o u s e ....................................
U. S. a n d N a tio n a l b a n k c u rre n c y ...........................

4,766 00

6,594 00

3,737 00

8,123 00

G old c o in ............................................................................

6,085 00

6,250 00

6,690 00

7,435 00

S ilver c o in ..........................................................................

379 70

134 70

1,773 55

438 80

N ickels a n d c e n ts ............................................................
C hecks, cash ite m s a n d in te rn a l re v e n u e ac ­
c o u n t ...............................................................................

113 78

86 09

72 40

04 56

1,099 68

278 47

609 22

269 25

T o ta ls ..........................................................................

$250,645 47

$245,822 64

$255,712 75

$264,317 68

L iabilities.
C ap ital sto ck p a id i n .....................................................

$25,000 00

$25,000 00

$25,000 00

$25,000 00

5,000 00

5,000 00

5,000 00

5,000 00

4,975 17

6,368 26

6,421 36

6,798 55

10,095 71

9,439 91

15,'022 83

22,087 60

S a v in g s d e p o s its ..............................................................

143,716 73

140,091 23

151,507 22

157,753 50

S aving s certificates of d e p o s it...................................

61,857 86

59,923 24

52,761 34

47,678 03

$250,645 47

$245,822 64

« 9 5 * 7 1 9 75

S u rp lu s f u n d .................................................................
U n d iv id ed p ro fits, less c u rre n t expenses, in te re st
a n d ta x e s p a i d .............................................................
D iv iden d s u n p a id ...........................................................
C om m ercial d ep o sits su b je c t to c h e c k ...................
C om m ercial certificates of d e p o s it...........................
D ue to b a n k s a n d b a n k e r s ..........................................
C ertified c h e c k s ................................................................
C ashier’s checks o u ts ta n d in g .....................................

N o te s a n d bills re d is c o u n te d ......................................
Bills p a y a b le .....................................................................

T o ta ls ..........................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

« 9 fU 917

I

STATE BANKS OF MICHIGAN.

213

No. 224.
THE ROCHESTER SAVINGS BANK, ROCHESTER.
Organized October 18, 1900.
E.

I i.

M a t h e w s, P r e s id e n t ;

M a r v i i , I. B r a b b , V i c e
H.
A. C a s e , A s s i s t a n t

P r e s id e n t ;
C a s h ie r .

II. J . T a y l o r ,

C a s h ie r ;

D i r e c t o r s . — E . It. M a th e w s , H a r r y .7. T a y lo r, J o h n A. B re w e r, M a rv ii I. B ra b b , L. E. B ed ell,

L e w is C. A x fo rd , E . C. C ro u t.

R esources.

R e p o rt of
J a n . 22.

R e p o rt of
M arch 28.

R e p o rt of J R e p o rt of
J u n e 9.
S e p t. 6.

895.673 50 1

8104 418 67

L o an s anrl d is c o u n ts ......................................................

$92,836 97

$103,907 68

R onds, m o rtg ag es and s e c u ritie s ..............................

52,70S 11

51,485 61

57,214 64

57,230 64

822 31

1,173 54

189 96

210 05

P rem iu m s p a id on b o n d s .............................................
O v e rd ra fts .........................................................................
B an k in g h o u s e .................................................................
F u rn itu re a n d fix tu re s ..................................................
O th e r re a l e s t a t e .............................................................
D ue fro m o th e r b a n k s a n d b a n k e rs (n o t reserv e
cities) ..............................................................................

15,937 02

4,938 44

5,622 95

4,540 29

3,197 48

2,264 68

550 00

24,918 51

17,939 20

20,448 56

14,620 39

4,470 00

Ite m s in t r a n s i t . .............................................................
U n ite d S ta te s b o n d s ......................................................
D u e fro m b a n k s in re serv e c itie s .............................
E x ch an g es for clearin g h o u s e ....................................
U. S. an d N a tio n a l b a n k c u rre n c y ..........................

3,244 00

4,728 00

6,731 00

G old c o in ............................................................................

1,200 00

1,085 00

1,160 00

S ilv er c o in ..........................................................................

1,070 00

471 15

190 45

N ickels a n d c e n t s ................................................ ...........
C hecks, cash ite m s a n d in te rn a l rev e n u e ac ­
c o u n t ...............................................................................

124 38

62 41

117 46

44 80

191 83

123 23

301 90

50 62

T o ta ls .........................................................................

$193,653 13

$189,071 74

$189,915 10

$187,878 36

L iab ilities.
C a p ita l sto c k p a id i n .....................................................

$25,000 00

$25,000 00

$25,000 00

$25,000 00

1,250 00

1,250 00

1,250 00

1,500-00

2,205 20

2,482 76

2,663 50

2,393 07

C om m ercial d ep o sits su b je c t to c h e c k ...................

31,425 08

26,771 16

23,320 92

21,882 62

C om m ercial certificates of d e p o s it...........................

[5,315 96

5,349 96

5,240 96

298 96

S av in g s d e p o s its ..............................................................

56,439 30

56,977 57

58,603 72

63,350 35

S av in g s certificates of d e p o s it...................................

72,017 61

71,240 29

70,836 00

73,452 76

$193,653 13

$189,071 74

$189,915 10

$187,878 36

S u rp lu s f u n d .....................................................................
U n d iv id ed p ro fits, less c u rre n t expenses, in te re st
a n d ta x e s p a i d .............................................................

1,285 00
*

451 90

D iv id en d s u n p a id ...........................................................

D ue to b a n k s a n d b a n k e r s ..........................................
C ertified c h e c k s ................................................................
C ash ier’s checks o u ts ta n d in g .....................................

N o tes an d bills re d is c o u n te d ......................................
B ills p a y a b le .....................................................................

T o t a ls .........................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

214

STATE BANKING DEPARTMENT.
No. 194.
ROMEO SAYINGS BANK, ROMEO.
Organized April 30, 1897.

M a r v i l I . B r a b b , P r e s i d e n t ; E n o s R . M a t h e w s , V i c e P r e s i d e n t ; L e v a n t E. B e d e l l , C a s h i e r ;
H e n r y S. E v a n s , A s s i s t a n t C a s h i e r ; D w i g h t N. L o w e l l , A t t o r n e y .
D i r e c t o r s . — M a rv il

I. B ra b b , E n o s R. M ath e w s, E d w a rd C. N e w b u ry , H e n ry
L e v a n t E . B ed ell, D w ig h t N. L o w ell, M oses A. B id d in g s.

R esources.

R e p o rt of
J a n . 22.

S.

E vans,

R e p o rt of
R e p o rt of 1 R e p o rt of
M arch 28. 1 J u n e 9.
| S e p t. 0.

L oan s a n d d is c o u n ts ......................................................

3203,083 3.5

$175,619 94

$184,846 95

$187,922 29

B on d s, m o rtg ag es a n d s e c u ritie s ..............................

244,702 59

236,623 09

229,711 84

228,453 00

P rem iu m s p a id o n b o n d s .............................................
O v e rd ra fts ..........................................................................

39 35

438 55

2,203 42

362 25

B an k in g h o u s e ..................................................................

5,000 00

5,000 00

5,000 00

5,000 00

O th e r re a l e s t a t e .............................................................
D ue fro m o th e r b a n k s a n d b a n k e rs (n o t reserv e
cities) ...............................................................................

8,989 07

9,011 47

3,847 32

3,889 93

Ite m s in t r a n s i t ...............................................................

2,583 89

2,351 02

1,310 50

5,168 68

65,037 45

52,790 66

31 177 54

57,625 62

10,880 00

7,913 00

10,954 00

11,939 00

G old c o in ..........................................................................

7,625 00

7,393 50

4,063 00

3,505 00

S ilver c o in ..........................................................................

2,870 20

687 00

2,109 40

1,901 60

N ickels a n d c e n ts ............................................................
C hecks, cash item s an d in te rn a l rev e n u e a c ­
c o u n t ...........................................................................

224 88

351 75

164 94

150 75

4,888 97

8,933 50

2,785 36

893 33

T o ta ls ..........................................................................

3555 924 75

$507,113 48

$478,174 27

$506,811 45

L iab ilities.
C ap ital sto ck p a id i n .....................................................

$50,000 00

$50,000 00

$50,000 00

$50,000 00

10,000 00

10 000 00

10,000 00

10,000 00

11,160 38

12,596 59

9,976 53

11,703 81

F u rn itu re a n d fix tu re s ___ .'.........................................

U n ite d S ta te s b o n d s ......................................................
D ue fro m b a n k s in reserv e c itie s ..............................
E x ch an g es for clearin g h o u s e ....................................
U. S. a n d N a tio n a l b a n k c u rre n c y ...........................

S u rp lu s f u n d .....................................................
U n d iv id ed pro fits, less c u rre n t expenses, in te re s t
a n d ta x e s p a i d .............................................................

-

D iv id en d s u n p a id ...........................................................

25 00

C om m ercial d ep o sits s u b jec t to c h e c k ...................

39,705 35

29.705 46

23,289 51

45,779 19

C om m ercial certificates of d e p o s it...........................

5,691 97

7,491 22

6,669 04

1,709 04

D ue to b a n k s a n d b a n k e r s ..........................................
C ertified c h e c k s ................................................................
C ash ier’s checks o u ts ta n d in g .....................................

661 99

661 99

661 99

661 99

S av in g s d e p o s its ..............................................................

405,839 69

365,844 04

345,699 80

358,236 74

S avin g s certificates of d e p o s it...................................

32,780 37

30,814 18

31,877 40

28,720 68

$555,924 75

$507,113 48

$478 174 27

$506,811 45

N otes an d bills re d is c o u n te d ......................................
B ills p a y a b le ...................................................................

T o ta ls ..........................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

/

215

STATE BANKS OF MICHIGAN.
No. 25.
BANK OF SAGINAW, SAGINAW.
Organized April 18, 1888.

W . B k i g g s , V i c e P r e s i d e n t ; A. W . F i e l d , C a s h i e r ;
S. S. R o b 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 .— B e n to n H a n c h e tt, D. W . B rig g s , G ilb e rt M. S ta rk , A m m i W . W rig h t, A. P .
B lis s , A. P . B re w e r, W m . S c h u e tte , R a lp h L o v e la n d , F . G. P a lm e rto n , T h o m a s Ja c k s o n .
B enton

H anchett,

P r e s i d e n t ; D.
T. W . Stalker,

R e p o rt of
M arch 28.

R e p o rt of
J u n e 9.

R e p o rt of
S e p t. 6.

T nans and d is c o u n ts ...................................................... 11,830,465 65

$1,862,438 08

$1,722,893 00

$1,784,778 4S

238,474 50

189,250 00

188,920 00

164,079 25

R e p o rt of
J a n . 22.

R esources.

B o n d s m o rtg ag es and s e c u ritie s ........... ..................

2,755 12
O v e rd ra fts ..........................................................................

1,817 22

2,203 14

120 05

410 88

B an k in g h o u s e .................................................................

29,900 00

29,900 00

29,900 00

29,000 00

F u rn itu re and fix tu re s ..................................................

6,100 00

0,100 00

6,100 00

6,000 00

.....................................

2,295 72

4,851 25

D ue fro m o th e r b a n k s a n d b a n k e rs (n o t reserv e
cities)
............................................
Ite m s in tra n s it

314 41
1,522 95

220,280 62

D u e from b a n k s in reserv e c itie s .............................

253,594 27

192,340 17

222 081 80

E x c h a n g e s for clearin g h o u s e ....................................

10,586 53

3,454 95

15,551 40

10,452 35

U. S. and N a tio n a l b a n k c u rre n c y ..........................

101,144 00

77,072 00

85,828 00

73,357 00

........................................................................

58,757 50

50,637 50

51,977 50

54,067 50

S ilv er c o in ..........................................................................

15,362 60

11,502 70

16,225 90

12,402 06

N iok el s a n d cen t s ............................................................
C hecks, c ash ite m s a n d in te rn a l re v e n u e acc o u n t................................................................................

463 43

908 17

643 22

806 11

264 60

7,227 50

133 44

718 27

T o ta ls .................... .....................................................

?2,549,226 02

32,440.640 58

$2.340,374 *31

$2,358,189 88

L iab ilities.
C ap ital sto ck p aid i n .....................................................

.$200,000 00

$200,000 00

$200,000 00

$200,000 00

150,000 00

150,000 00

150,000 00

150,000 00

32,151 58

37,674 98

4S,887 22

45,478 18

Hold coin

S u rp lu s f u n d .....................................................................
U n d iv id e d pro fits, less c u rre n t expenses, in te re s t
and ta x e s p a id .............................................................
D iv id en d s u n p aid

.

575 00

C om m ercial d ep o sits subject, to c h e c k ...................

1,196,443 79

1,223,099 68

1,206,489 01

1,246,140 13

C om m ercial certific a te s of d e p o s it...........................

759,457 15

628,163 84

590,086 52

571,561 26

Due. to b a n k s a n d b a n k e r s ..........................................

210,398 50

200,477 08

144,640 50

144,910 31

C ertified c h e c k s ................................................................

200 00

1,225 00

271 00

100 00

C ash ier’s checks o u ts ta n d in g .....................................
S a v in g s d e p o s its ..............................................................

............
......... ......

S av in g s certificates of d e p o s it...................................
N o te s a n d bills re d is c o u n te d ......................................
B ills p a y a b l e ...................................................................

T o ta ls .......................................................................... $2,549,226 02


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$2.340.374 31 j $2,358,189 88

$2.440.640 58
[

216

STATE BANKING DEPARTMENT.
No. 38.
PEOPLE’S SAVINGS BANK OF SAGINAW, SAGINAW.
Organized November 27, 188C.

J ohn

J.

R u pp,

P r e s id e n t ;

G urdon

C o r n in g ,

V ic e

P r e s id e n t ;

J.

F. B o y n t o n ,

T re a su re r.

D ir e c t o r s .— G. C o rn in g , J o h n J . R u p p , J a c o b S c h w a rtz , W illia m B. B au m , J . F . B o y n to n ,
L. F . M aso n , H . T . W ickes, R. H . R oys, F . P . B re w e r.

R esources.

R e p o rt of
J a n . 22.

1
R e p o rt of 1 R e p o rt of 1 R e p o rt of
M arch 28. 1 J u n e 9.
: S e p t. 6.

L o an s a n d d is c o u n ts ......................................................

8407,065 51

!
$404,382 87 ;

B onds, m o rtg ag e s a n d s e c u ritie s ..............................

179,408 34

185,169 99 )

P rem iu m s p a id on b o n d s .............................................

550 GO

763 19

763 19

1,108 90

O v e rd ra fts ..........................................................................

1,094 05

1,308 17

424 88

229 75

4,789 68

$390,030 10 !
1
219,154 51 1

$384,980 09
228,097 18

B an k in g h o u s e .................................................................
F u r n itu re a n d fix tu re s ..................................................

4,789 08

4,789 68 j

4,789 08

O th e r re a l e s t a t e .............................................................
D u e fro m o th e r b a n k s a n d b a n k e rs (n o t reserv e
c itie s ) ...............................................................................

0,280 59

5,280 59

3,201 34

13,584 74

13,584 74

16,283 90 1

532 10

1,401 58

659 93

553 30

111,939 25

Ite m s in t r a n s i t ...............................................................

.

3,201 34
10,283 90

U n ite d S ta te s b o n d s .....................................................
D u e fro m b a n k s in reserv e c itie s .............................

120,503 11

100,538 91

122,736 92

E x c h a n g e s for clearin g h o u s e ....................................

2,137 03

1,494 98

1,938 09

4,612 39

U . S. a n d N a tio n a l b a n k c u rre n c y ..........................

24,444 00

20,246 25

24,491 00

29,577 00

G old c o in ...................................................................

10,219 85

10,409 60

15,466 85

15,618 00

2,130 00

1,017 30

2,520 70

1,114 00

198 22

204 59

185 04

653 80

107 91

208 19

326 30

285 65

$785,100 99

$763,400 63

$808,973 09

$803,044 23

S50.000 00

$50,000 00

$50,000 00

$50,000 00

40,000 00

40 000 00

4,062 22

8,420 67

12,498 10

S ilv er c o in ....................................... .... . .
N ickels an d c e n ts .........................................
C hecks, cash item s a n d in te rn a l rev e n u e acc o u n t...............................................

.

,
T o ta ls ............................................................
L iab ilities.
C ap ital s to ck p a id i n ..............................
S u rp lu s f u n d ..................................
U n d iv id e d p ro fits, less c u rre n t expenses, in te re s t
a n d ta x e s p a i d .......................... ..
D iv id en d s u n p a id ..................................

j

30 35

C om m ercial d ep o sits s u b jec t to c h e c k ............

175,327 75

140,136 41

175,401 23

173,716 03

C om m ercial certificates of d e p o s it..................

55,314 35

54,795 59

53,278 85

54,029 10

1,157 85

9,948 22

158 55

160 60

458,614 47

454,099 74

D ue to b a n k s a n d b a n k e r s ..................
C ertified c h e c k s ....................................
T re a s u re r’s checks o u ts ta n d in g .................................
S a v in g s d e p o s its .........................................
S av in g s certificates of d e p o s it...................
♦

N o te s a n d bills re d is c o u n te d . . .
B ills p a y a b le .........................................

T o ta ls ..................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$785,100 99

217

STATE BANKS OF MICHIGAN.
No. 84.
SAGINAW COUNTY SAVINGS BANK, SAGINAW.
Organized December 1, 18S6.
A aron

P.

B l is s ,

P r e s id e n t ;

L oren zo

T.

S e cre ta ry

D u ra nd , V ic e P r e s id e n t ;
and
T re a su re r.

Charles

A.

K huen,

D i r e c t o r s . — L o re n z o

T . D u ra n d , C h a rle s E. B re n n e r. A a ro n P . B liss, C h a rle s A. K h u e n ,
A a ro n T. B liss, J o h n L. J a c k s o n , E z r a G. B u st, M elon B. A llen, A n to n W . A c h a rd .
R e p o rt of
J a n . 22.

R esources.

R e p o rt of
M arch 28.

R e p o rt of
J u n e 9.

R e p o rt of
S e p t. 6.

TiOana a n d d i s c o u n t s ......................................................

$273,154 12

8281,239 86

$278,691 17

$286,001 51

m o r t g a g e s a n d s e c u r i t i e s ....................................

394,740 48

394,064 08

403,641 30

409,897 7

P r e m i u m s p a i d o n b o n d s .............................................

1,823 50

1,700 00

1,650 00

R n ru ls

. T.......................

O v e rd ra ft«

F u r n i t u r e a n d f i x t u r e s ................................................ ..
O th e r rea l e s ta te

...................

1,000 00

1,155 67

1,000 00

800 00

1,000 00

1,000 00

1,592 92

1,550 01

1,494 51

74,072 62

76,348 18

61 376 36

106,488 60

D ue fro m o th e r b a n k s a n d b a n k e rs (n o t reserv e

D u e s f r o m b a n k s in r e s e r v e c itie s ..........................
F x c h a n g e s fo r c le a r in g h o u s e

1,011 08

247 73

..

U. S. a n d N a tio n a l b a n k c u rre n c y ..........................

21,335 00

18,734 00

20,541 00

14,589 00

G old c o in ....................................................................... . .

11,805 00

11,750 00

12,350 00

12,105 00

S ilv er c o in ..........................................................................

681 75

1,274 70

482 00

2,503 75

N ickels a n d c e n t s ............................................................
C hecks, c ash ite m s a n d in te rn a l rev en u e ac­
c o u n t ................................................................. .............

111 09

181 50

84 91

182 12

52 36

24 66

11 03

11 29

T o t a ls .........................................................................

$780,168 84

5788,114 72

$782,477 95

$835,390 OS

L iab ilities.
C a p ita l sto ck p a id i n .....................................................

550,000 00

$50,000 00

550,000 00

$50,000 00

50,000 00

50,000 00

50,000 00

50,000 00

7,813 61

14,734 74

20,547 70

15,906 89

S u rp lu s f u n d .....................................................................
U n d iv id e d p ro fits, less c u rre n t expenses, in te re st
a n d ta x e s p a id .......................... ..................................
D iv id en d s u n p a id .................................................. ..

626 67

C o m m e rc ia l d e p o s its s u b je c t to c h e c k

C o m m ercial certificates of d e p o s it...........................

..............

C e r ti f ie d c h e c k s
C a s h i e r ’s c h e c k s o u t s t a n d i n g

S a v in g s d e p o s its .............................. .................... ..
S a v in g s certific a te s of d e p o s it...................................

644,544 19

647,893 62

038,541 03

697,666 51

27,184 37

25,486 36

23,389 22

21,816 68

' 5780,168 84

$788,114 72

$782,477 95

$835,390 08

N o t e s a n d b i ll s r e d i s c o u n t e d
R i ll s p a y a b l e

T o ta ls ................................................................

28

https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

218

STATE BANKING DEPARTMENT.
No. 44.
SAVINGS BANK OF EAST SAGINAW, SAGINAW.
Organized February 7, 1872.

H . C. P

o t t e r , P r e s i d e n t ; W. J . B a r t o w , V i c e
P r e s i d e n t ; O t t o S c i -i u f p , S e c o n d
V ic e
P r e s id e n t ;
A . S c h u p p , T r e a s u r e r ; C h a r l e s M . C o p l in , A s s is t a n t T r e a s u r e r .

D i r e c t o r s . — H e n ry

M.

C. P o tte r . A u g u s tu s S c h u p p , J a m e s B. P e te r. IT. C. P o tt e r , J r ., G ilb e rt
S ta rk , W m . J . B a rto w , W . F . P o tt e r , C h a rle s M. C oplin, F a r n h a m L y o n , O tto Schupp.

R esources.

R e p o rt of
J a n . 22.

R e p o rt of
M arch 28.

R e p o rt of
J u n e 9.

R e p o rt of
S e p t. 6.

L o an s a n d d is c o u n ts ................... ...................................

$460,306 48

$467,155 51

$508,111 47

$477,155 23

B o n d s, m o rtg ag e s a n d s e c u ritie s ..............................

1,953,444 47

1,989,305 83

1,996 220 83

2,003,345 19
20,698 95

P rem iu m s p a id on b o n d s .............................................

19,717 70

20,698 95

20,698 95

O v e rd ra fts ..........................................................................

66 69

129 04

75 49

395 61

B an k in g h o u s e ..................................................................

50.000 00

50.000 00

50.000 00

50.000 00

F u r n itu re a n d fix tu re s ..................................................

12.000 00

12.000 00

12.000 00

12.000 00

O th e r re a l e s t a t e .............................................................
D u e fro m o th e r b a n k s a n d b a n k e rs (n o t reserv e
c itie s ) ...............................................................................

1,936 57

1,908 26

1,814 02

1,751 73

19,192 04

20,572 89

7,101 99

8,985 07

Ite m s in t r a n s i t ...............................................................

3,714 15

5,463 76

1,575 71

D u e fro m b a n k s in reserv e c itie s ..............................

319,869 22

332,129 99

254,600 93

E x c h a n g e s for clearin g h o u s e ....................................

912 96

138 63

1,963 42

4,034 69

U . S. a n d N a tio n a l b a n k c u rre n c y ..........................

58,032 00

58,862 00

68,341 00

73,742 00

G old c o in ..............................................................

71,287 50

70,290 00

70,348 75

71,390.00

8,033 00

7,026 30

9,508 60

7,025 20

403 69

415 89

518 80

651 29

38 78

856 60

506 78

604 58

$2,978.955 25

$3,036,952 65

$3,093,386 74

$3,015,127 24

$100,000 00

$100,000 00

$100,000 00

$100,000 00

100,000 00

100,000 00

100,000 00

100,000 OO

29,825 37

30.00S 04

34,720 72

42,711 36

U n ite d S ta te s b o n d s ......................................................

S ilv er c o in .....................................................
N ickels a n d c e n ts ..............................................
C hecks, c ash ite m s a n d in te rn a l rev e n u e a c ­
c o u n t ..................................................................

T o ta ls .......................................................
L iab ilities.
C ap ita l sto ck p a id i n .....................................................
S u rp lu s f u n d ............................................
U n d iv id e d p ro fits, less c u rre n t expenses, in te re st
a n d ta x e s p a i d ...............................................
D iv id e n d s u n p a id .......................................................

283,347 70

100 00

C om m ercial d ep o sits su b je c t to c h e c k ...................

176,950 63

180,877 75

144,178 90

153,099 70

C om m ercial certific a te s of d e p o s it...........................

118,772 45

136,380 63

■156,553 Oi

136,083 38

875 00

125 00

500 00

1,500 00

2,375 00

3,750 00

2,452,806 80

2,487,311 23

2,465,434 11

2,479,482 SO

$2,978,955 25

$3,036,952 65

$3,003,386 74

D u e to b a n k s a n d b a n k e r s ..........................................
C ertified c h e c k s ................................................
C ash ier’s checks o u ts ta n d in g .....................................
S a v in g s d e p o s its .........................................................
S av in g s certific a te s of d e p o s it...................................
N o te s a n d bills re d is c o u n te d ......................................
B ills p a y a b le ..................................................

T o ta ls .....................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

_ L

1

$3,015,127 24

219

STATE BANKS OF MICHIGAN.
No. 29.
COMMERCIAL AND SAYINGS BANK, SAINT CLAIR.
Organized October 16, 1886.
Charles

C. J e n k s ,

D i r e c t o r s .— E d w a rd

P r e s i d e n t ; F r a n k l in M o o r e , V i c e P r e s i d e n t ;
G e o r g e E . W o l v in , A s s i s t a n t C a s h i e r .

R u s s S. J

C. R ec o r, W m . L. J e n k s , J o h n H . J e n k s . F r a n k li n
B ey sc h la g , C h a rle s C. J e n k s , J. G eorge Z ink.
R e p o rt of
J a n . 22.

R esources.

R e p o rt of
M arch 28.

enk s,

M oore,

R e p o rt of
J u n e 9.

C a s h ie r ;

C h a rle s

R e p o rt of
S e p t. 6.

"L o an s a n d d is c o u n ts ......................................................

$214,118 75

$209,566 26

$193,935 63

$175,879 63

B onds m o rtg ag es a n d s e c u ritie s ..............................

71,442 27

71,537 27

67,582 27

77,949 80

O v e rd ra fts ..........................................................................

252 60

9 96

196 70

42 50

3,500 00

3,500 00

3,500 00

3,500 00

4,000 00

4,000 00

27,800 72

32,902 63

"Ranking h o u s e .............................................................................
F u r n it u r e a n d f ix tu re s
O th e r real e s ta te

D u e fro m o th e r b a n k s a n d b a n k e rs (n o t reserv e
p i ti e s )

.................

Tterns in tra n s it
U n ite d S ta te s h o n d s

32,545 86

31,476 66

IT. S. a n d N a tio n a l b a n k c u rre n c y ..........................

7,185 00

3,675 00

4,535 00

5,862 00

G old c o in ............................................................................

6,052 80

5,232 50

5,797 50

6,943 80

S ilv er c o in ..........................................................................

1,885 65

776 15

533 00

402 00

N ickels a n d c e n ts ............................................................
C hecks, cash item s a n d in te rn a l rev en u e ac­
c o u n t ...............................................................................

95 10

191-36

191 50

140 02

558 98

326 05

280 08

333 02

T o ta ls ..........................................................................

$337,647 01

$326,291 21

$308,352 40

$307,955 40

L iabilities.
C ap ital sto ck p a id i n ....................................... .-...........

$50,000 00

$50,000 00

$50,000 00

$50,000 00

10,000 00

10,000 00

10,000 00

10,000 00

11,339 61

11,342 21

11730 92

50,721 92
1,733 51

D u e f r o m h a n k s in reserv e c itie s .............................
F x c h n .n g e s f o r c l e a r i n g h o u s e

S u rp lu s f u n d .....................................................................
U n d iv id ed pro fits, less c u rre n t expenses, in te re st
a n d ta x e s p a i d .............................................................
D i v i d e n d s u n p a i d ...........................................................

9,924 57

50 00

50 00

C om m ercial d ep o sits su b je c t to c h e c k ...................

65,672 21

48,187 83

53,164 45

C om m ercial c ertificates of d e p o s it...........................

1,183 28

2,057 09

928 51

D u e to h a n k s a n d h a n k e rs .

89 23

C e r ti f ie d c h e c k s ................................................................
C a s h i e r ’s c h e c k s o u t s t a n d i n g

S av in g s d e p o s its .................. ............................................

153,225 72

143,383 88

137,325 03

145,915 75

S av in g s certificates of d e p o s it...................................

42,591 23

39,822 80

37 002 97

37 803 30

.................................................................

5,000 00

18,500 00

8,500 00

T o ta ls ..........................................................................

$337,647 01

$326,291 21

N o t e s a n d h i ll s r e d i s c o u n t e d .................
R i ll s p a y a b l e


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$308,352 40 I
_____________ i

$307,955 40
_______

220

STATE BANKING DEPARTMENT.
No. 39.
CLINTON COUNTY SAYINGS BANK, SAINT JOHNS.
Organized November 27, 1889.

Albert

J.

B a l d w in ,

P r e s id e n t :
G a lu sh a P e n n e l l , V ic e
S e cre ta ry
and
T re a su re r.

P r e s id e n t ;

II.

C.

D exter,

D i r e c t o r s . — A lb e rt J . B a ld w in ,

C ooley E . B all. W a r n e r B u n d a y , P . E . W a ls w o rth , G a lu sh a
P e n n e ll, C o le m an C. V a u g h a n , J o h n C. H ic k s, O lney P . D e W itt, F . A. P e rc e y .
R ep o rt of
J a n . 22.

R e p o rt of
M arch 28.

R e p o rt of
J u n e 9.

L o an s a n d d is c o u n ts ......................................................

$22,441 87

$23,757 37

$23,268 03

$2S,081 53

B o n d s, m o rtg ag e s a n d s e c u ritie s ..............................

354,267 24

356,972 24

347,416 64

343,579 27

5,500 00

5,500 00

5,500 00

4,500 00

12,956 13

11,816 67

7,392 41

43,279 01

53,369 01

58,369 01

U. S. a n d N a tio n a l b a n k c u rre n c y ..........................

11,054 00

13,095 00

11,670 00

9,094 00

G old c o in .......................................................

10,500 00

10,500 00

10,500 00

10,500 00

1,469 38

1,461 03

1,460 80

1,452 98

1 63

81

2 85

179 80

88 00

T o ta ls .........................................

$461,649 06

$476,560 13

$465,579 74

S4G2,280 80

L iabilities.
C ap ital sto ck p a id i n .....................

$28,000 00

$28,000 00

$28,000 00

$28,000 00

5,600 00

5,600 00

5,600 00

5,600 00

2,792 79

7,023 71

5,094 52

4,285 03

382,206 79

394,584 64

383,039 22

383,183 65

43,049 48

41,351 78

43,846 00

41,212 12

$461,649 06

$476,560 13

$465,579 74

$462,280 80

R esources.

P rem iu m s p a id on b o n d s ...................................... : . .

R e p o rt of
S e p t. 6.

O v e rd ra fts ..........................................................................
B an k in g h o u s e ..................................................................
F u rn itu re a n d fix tu re s ..................................................
O th e r real e s t a t e .............................................................
D ue fro m o th e r b a n k s a n d b a n k ers (n o t reserv e
cities) ...............................................................................
Ite m s in t r a n s i t ................................................................
U n ited S ta te s b o n d s ......................................................
D u e fro m b a n k s in reserv e c itie s ..............................

64,923 21

E x c h a n g e s for clearin g h o u s e ....................................

S ilv er c o in ................................ .........................
N ickels an d c e n ts .......................
C hecks, cash item s a n d in te rn a l re v e n u e a c ­
c o u n t .............................................

S u rp lu s f u n d ..........................
U ndivided pro fits, less c u rre n t expenses, in te re s t
a n d ta x e s p a i d .................................

2 31
147 50

D ividends u n p a id .............................
C om m ercial d ep o sits su b je c t to c h e c k ........

.

C om m ercial c ertificates of d e p o s it...............
D u e to b a n k s an d b a n k e r s ...................
C ertified c h e c k s ........................
C ash ier’s checks o u ts ta n d in g .................
S av in g s d e p o s its ...........................
S a v in g s certificates of d e p o s it........ ..
N o tes a n d bills re d is c o u n te d ......................................
Bills p a y a b le ...........................

.

\
T o ta ls .......................................
—

--------------

--- --------------------------------------- -


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

’

STATE BANKS OF MICHIGAN.

221

No. 45.
STATE BANK OF SAINT JOHNS, SAINT JOHNS.
Organized August 19, 1885.
O. W . M u n g e r ,

P r e s id e n t

;

J . H . C o r b it ,

V ic e

P r e s id e n t ;

J o h n W . F it z g e r a l d ,

C a s h ie r .

D ir e c t o r s .— J o h n II. C o rb it, O. W . M u n g er, J e s s e S u lliv a n , J . W . F itz g e ra ld , G. E . C o rb in ,
O tis F u lle r , Geo. W . E m m o n s, C. T . B abcock.

R esources.

R e p o rt of
J a n . 22.

L oan s a n d d is c o u n ts ...............'......................................

$175,423 07

B ond s, m o rtg ag e s a n d s e c u ritie s ..............................

150,230 58

P rem iu m s p a id on

R e p o rt of
M arch 28.

$193,295 94
153,887 33 i

R e p o rt of
J u n e 9.

R e p o r t of
S e p t. 6.

$209,904 15

$227,812 73

157,198 95

151,307 92

b o n d s ..........................................

O v e rd ra fts .......................................................................

359 06

1,633 49

1,347 77

8,500 00

8.500 00

8.500 00

2.500 00

2,500 00

2.500 00

2.500 00

3,996 64

3,296 64

3,296 64

3,146 64

1,788 85

2,221 50

695 15

1,455 00

48,106 15

921 80

B an k in g h o u s e .................................................................

8.500 00

F u rn itu re a n d fix tu re s ..................................................
O th e r real e s ta te ........................................................
D ue from o th e r b a n k s a n d b a n k e rs (n o t reserve
c itie s )..............................................................................
Ite m s in t r a n s i t ...............................................................

.

U n ite d S ta te s b o n d s ................................... ..................
D ue from b a n k s in reserv e c itie s ..............................

79,282 66

62,659 85

47,115 79

E x ch an g es for clearin g h o u s e ....................................

396 65

112 47

421 37

U . S. an d N a tio n a l b a n k c u rre n c y ............ .............

10 357 00

17,221 00

13,550 00

15,661 00

G old c o in ................i .........................................................

6,065 00

6,010 00

6,000 00

6,110 00

S ilver c o in ..........................................................................

2,370 00

2,661 00

1,890 00

1,714 00

N ickels a n d c e n t s ...........................................................
C hecks, cash ite m s a n d in te rn a l rev e n u e ac ­
c o u n t .................................................................

130 54

219 70

83 80

119 96
329 77

T o ta ls .........................................................................

$447,962 79

$452,944 49

$452,789 34

$468,110 94

L iabilities.
C ap ital sto ck p a id i n .....................................................

$50,000 00

$50,000 00

$50,000 00

$50,000 00

9,000 00

9,000 00

9,000 00

9,500 00

4 512 39

6,888 15

7,827 80

5,337 50

80,212 78

S u rp lu s f u n d .....................................................................
U n d iv id ed p ro fits, less c u rre n t ex p en ses, in te re st
a n d ta x e s p a i d .............................................................
D iv id en d s u n p a id ............................................................
C om m ercial d ep o sits su b je c t to c h e c k ...................

90 118 30

80,233 61

75,338 48

C om m ercial certificates of d e p o s it...........................

164,043 01

164,322 63

175,662 31

D ue to b a n k s a n d b a n k e r s ..........................................

*

C ertified c h e c k s ................................................................
C ashier’s checks o u ts ta n d in g .....................................
S avin g s d e p o s its ..............................................................

130,289 09

142,500 10

134,960 75

S avin g s certificates of d e p o s it...................................

154,810 12
168,250 54

N o tes a n d bills re d is c o u n te d ......................................
Bills p a y a b le .................... ................................................

T o ta ls .........................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$447,962 79

$452,944 49

$452,789 34

$468,110 94

STATE BANKING DEPARTMENT.

222

No. 31.
THE UNION BANKING COMPANY, SAINT JOSEPH.
Organized August 24, 1882.
A. W .

W ells,

J o h n W a l l a c e , V i c e P r e s i d e n t ; O. O . J ordan , C a s h i e r ;
C. B. W in s l o w , 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. W . W ells, J o h n W a lla c e , J a m e s F o rb e s , O. O. J o r d a n , J o h n H . G ra h a m ,
M. A. R an so m .
P r e s id e n t ;

R esources.

R e p o rt of
J a n . 22.

L o an s a n d d is c o u n ts ......................................................

$197,123 92 ,

B o n d s, m o rtg ag e s a n d s e c u ritie s ..............................

60,000 00

R e p o rt of
M arch 28.

R e p o rt of
J u n e 9.

R e p o rt of
S e p t. 6.

$197,203 53

$204,083 34

$159,549 72

60,600 00

60,115 00

59,565 00

P rem iu m s p a id on b o n d s .............................................
O v e rd ra fts ................................ .........................................

826 11

1,306 80

613 13

263 51

B an k in g h o u s e ..................................................................

4,450 00

4,450 00

4,450 00

4,450 00

F u r n itu re a n d fix tu re s ..................................................

2,784 36

2,284 36

2,284 71

2,284 71

O th e r re a l e s t a t e .............................................................
D ue fro m o th e r b a n k s a n d b a n k e rs (n o t reserv e
cities) ...............................................................................

7,763 28

2,155 03

4,941 36

4 038 32

D u e fro m b a n k s in re serv e c itie s ..............................

139,194 27

101,969 13

75,783 63

190,517 64

E x c h a n g e s for clearin g h o u s e ....................................

708 19

830 75

901 94

3,869 35

U. S. a n d N a tio n a l b a n k c u rre n c y ...........................

23,643 00

22,737 00

23,843 00

30,451 00

G old c o in ............................................................................

5,045 00

5,015 00

5,050 00

5,125 00

S ilv er c o in ..........................................................................

1,634 75

1,259 30 1

2,499 00

7,5.38 95

Ite m s in t r a n s i t ................................................................
U n ite d S ta te s b o n d s ......................................................

N ickels a n d c e n t s ............................................................
C hecks, cash ite m s a n d in te rn a l re v e n u e a c ­
c o u n t ................................................................................

T o tals
L iab ilities.
C a p ita l s to ck p a id i n ................
S u rp lu s f u n d ................................................ .*..................
U n d iv id e d p ro fits, less c u rre n t expenses, in te re s t
a n d ta x e s p a id .............................................................

401 35

216 34'

353 43

368 55

369 44

57 70

4,159 65

54 70

$443,943 67

$400,084 94

$389,383 19

$468,076 45

$50,000 00

$50,000 00

$50,000 00

$50,000 00

10,000 00

10,000 00

10,000 00

10,000 00

4 498 91

1,592 16

8,924 83

2,162 29 I

D iv id en d s u n p a id .......................................
C o m m ercial d ep o sits s u b jec t to check

347,093 89

307,095 62

C o m m ercial certificates of d e p o s it___

27,190 63

25,568 39

298,574 15 |
!
21,009 94

C ertified c h e c k s ...........................................

100 00

5,142 99

5,142 99

100 00

C ash ier’s checks o u ts ta n d in g ................

634 32

115 65

157 20

1,718 11

$443,943 67

$400.084 94

$389,383 19

$468,076 45

379,106 28
25,559 90

D u e to b a n k s a n d b a n k e r s .....................

S av in g s d e p o s its .........................................
S a v in g s certificates of d e p o s it...............
N o te s a n d bills re d is c o u n te d .................
Bills p a y a b le ................................................

T o tals


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

STATE BANKS OF MICHIGAN.

223

No. 42.
COMMERCIAL SAVINGS BANK OF SAINT LOUIS, SAINT LOUIS.
Organized December 2, 1889.
L em u el

S a v ie r s , P r e s i d e n t ;

J a m e s O. H il t o n , V i c e

P r e s id e n t ;

F red H .

B ern a rd , C a s h ie r .

D i r e c t o r s .— J . O . H ilto n , A . S . M c In ty re , N a th a n ie l W h ite , P a r k e r M e rrill, L e m u e l S a v ie rs ,

J . W . B e r n a r d , C. C. B a r to n .

R esources.

R e p o rt of
J a n . 22.

R e p o rt of
M arch 28.

R e p o rt of
J u n e 9.

R e p o rt of
S e p t. 6. ,

L o an s a n d d is c o u n ts ......................................................

$111,533 96

$104,463 50

$116,521 83

$116,681 33

B o n d s, m o rtg ag e s a n d s e c u ritie s ..............................

63,947 08

66,457 08

69,861 25

68,323 17

P rem iu m s p a id on b o n d s .............................................

175 00

175 00

175 00

175 00

O v e rd ra fts ..........................................................................

733 38

368 34

389 37

196 82

F u r n itu re a n d fix tu re s ...................................................

1,877 12

1,877 12

1,877 12

1,877 12

O th e r real e s t a t e .............................................................
D u e fro m o th e r b a n k s a n d b a n k e rs (n o t reserve
c itie s ) ...............................................................................

304 56
244 93

534 51

197 86

57,242 94

56,023 64

42,683 16

51,195 77

B an k in g h o u s e .................................................................

Ite m s in t r a n s i t ...............................................................
U n ite d S ta te s b o n d s ......................................................
D u e fro m b a n k s in reserv e c itie s .............................
E x c h a n g e s for clearin g h o u s e ....................................
U. S. a n d N a tio n a l b a n k c u rre n c y ..........................

5,367 00

7,406 00

* 9,042 00

10,479 00

G old c o in .......................................................................

2,455 00

1,295 00

1,900 00

2,695 00

S ilv er c o in ........................................................................

2,000 70

2,244 00

2,005 50

2,545 00

96 11

134 82

101 28

202 94

687 44

29 81

1,838 42

58 36

$246,420 29

$240,719 24

$246,929 44

$254,627 37

$25,000 00

$25,000 00

$25,000 00

$25,000 06

4,100 00

4,100 00

4,100 00

4,100 00

896 76

2,533 20

2,944 53

3,973 17

51,811 88

41,325 88

33,885 70

31,885 60

5 00

5 00

5 00

5 00

N ickels an d c e n ts .......................................................
C hecks, cash item s a n d in te rn a l re v e n u e ac­
c o u n t ...........................................................................

T o ta ls .......................................................................
L iab ilities.
C ap ita l sto c k p a id i n .....................................................
S u rp lu s f u n d .................................................................
U n d iv id e d p ro fits, less c u rre n t expenses, in te re s t
a n d ta x e s p a id ...............................................
D iv id en d s u n p a id .......................................................
C om m ercial d ep o sits su b je c t to c h e c k ...................
C om m ercial certificates of d e p o s it..................
D ue to b a n k s a n d b a n k e r s ..........................................
C ertified c h e c k s ..................................................
C ash ier’s checks o u ts ta n d in g .....................................
S av in g s d e p o s its .........................................................

40,460 67

43,174 63

47,736 40

46,390 76

S a v in g s certificates of d e p o s it..............................

124,145 98

124,580 53

133,257 81

143,272 84

$246,420 29

$240,719 24

$246,929 44

$254,627 37

N otes a n d bills re d is c o u n te d .....................................
Bills p a y a b le .................................................................

T o ta ls .........................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

STATE BANKING DEPARTMENT.

224

No. 197.
GRATIOT COUNTY STATE BANK, SAINT LOUIS.
Organized July 1, 1897.
A.

B. D a r e a g i i ,

D i r e c t o r s .— A .

J o h n F r a z e r , V i c e P r e s i d e n t ; B. A. C h u r c h , C a s h i e r ;
F . M. T h e d g a r , A s s i s t a n t C a s h i e r .
B. D a r r a g h , W . O. W a tso n , J o h n F r a z e r, H . J . T u g e r, D. E . H a rris o n .
P r e s id e n t ;

R e p o rt of
J a n . 22.

R esources.

R e p o rt of
M arch 28.

R e p o rt of
J u n e 9.

R e p o rt of
S e p t. 6.

L oan s an d d isco u n ts ..................................................

$118,291 27

$111,148 61

$105,059 17

$92,173 77

B onds m o rt^ o g es find s e c u ritie s ..............................

35,640 98

33,302 84

31,490 86

13,694 00

O v e rd ra fts ........................................................................

141 50

847 85

125 91

20 64

F u r n itu re a,nd fix tu re s ..................................................

1,000 00

1,000 00

1,000 00

1,000 00

135 00

120 00

O th e r real e s ta te

................................

456 00

OUIieiU CAjJtillbCih CLIICL HHCi COl
.........................
D ue fro m o th e r b a n k s a n d b a n k e rs (n o t reserve

1,261 01

Ite m s in t r a n s i t ................................................................

213 79

722 40

354 25

1,314143

D u e fr nm h a n k s in re serv e c itie s .............................

23,247 12

11,181 34

14,359 12

8,358 34

E x c h a n g e s for clearin g h o u se
TT p and N a tio n a l b a n k c u rre n c y ...........................

14,909 00

7,437 00

5,118 00

Gold c o in ............................................................................

2,035 00

2,965 00

3,370 00

7,*676 00
■4
1,860 00

S ilv er c o in ..........................................................................

2,466 00

2,227 30

1,911 00

1,013 00

N ickels and c e n t s ............................................................
C hecks, cash ite m s a n d in te rn a l rev e n u e acc o u n t...............................................................................

121 01

166 61

237 03

247 55

144 00

77 59

■ 26 24

25 66

T o ta ls ................................................ .........................

$199,986 68

$171,211 54

$163,171 58

8127,983 39

L iab ilities.
C ap ital sto ck p a id i n .....................................................

$25,000 00

$25,000 00

$25,000 00

$25,000 00

3,500 00

3,500 00

3,500 00

3,500 CO

909 35

634 06

1,273 48

934 27

46,865 61

27,886 59

30,587 96

26,657 15

S u rp lu s f u n d .....................................................................
U n d iv id ed p ro fits, less c u rre n t expenses, in te re st
an d ta x e s p a i d .............................................................
D iv id e n d s unpa.id

..............................

O om m ercial d ep o sits s u b je c t to c h e c k ...................
C om m ercial certifica.t.es of d ep o sit ..
p u e to h a n k s and h a n k ers
C ertified c h e c k s ,

.......................................................

C ash ier's checks o u ts ta n d in g .....................................
15,944 43

15,019 68

12,786 04

12,149 61

91,767 29

82,171 21

73 024 10

59,742 36

B ills p a y a b le , , , , T, . Tr .................................................

16,000 00

17,000 00

17,000 00

T o ta ls .........................................................................

$199,986 68

$171,211 54

$163,171 58

S av in g s d e p o s its ..............................................................
S av in g s certificates of d e p o s it...................................
N o te s and hills re d is c o u n te d ......................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$127,983 39

225

STATE BANKS OF MICHIGAN.
No. 265.
THE CITIZENS’ BANK OF SALINE, SALINE.
Organized October 27, 1902.

W . H . D a v e n p o r t , P r e s i d e n t ; G. L. H o y t , V i c e P r e s i d e n t ; B. I ’. D a v e n p o r t , C a s h i e r .
II. D a v e n p o rt. B. P . D a v e n p o rt. PI. A. H a u s e r, G. L. H o y t, J . W . H u ll,
G.
C. T o w n se n d , J o h n G o rd o n .

D i r e c t o r s .— W .

R esources.

R e p o rt of
J a n . 22.

R e p o rt of
M arch 28.

R e p o rt of
J u n e 9.

R e p o rt of
S e p t. 6„

TvOa/ns a,nrl d is c o u n ts ......................................................

S94.126 17

$125,289 88

$127,974 56

$132,218 44

"Bonds m o rtg ag e s and s e c u ritie s ..............................

81110 00

80,100 00

79,910 00

87,879 00

108 98

81

7 05

24

2,000 00

2,000 00

2,000 '00

2,000 00

48,773 32

41,575 68

49,813 55

50,102 33

P rem iu m s pa,id on b o n d s .............................................
O v e rd ra fts ..........................................................................
Pa/nking h o u s e .................................................................
F u rn itu re and fix tu re s ..................................................
O th e r real e s ta te .............................................................
D ue from o th e r b a n k s a n d b a n k ers (n o t reserve
c itie s ) ...............................................................................
Ite m s in t r a n s i t ...............................................................
U n ite d S ta te s b o n d s ......................................................
D u e from b a n k s in reserve c itie s .............................

........................

E x c h a n g e s for clearin g h o u s e ...................................
U . S. a n d N a tio n a l B an k C u rre n c y .........................

8.845 00

8.950 00

8,228 00

7,121 00

G old c o in ...........................................................................

4,440 00

4,580 00

4,920 00

5,435 00

S ilv er c o in ..........................................................................

840 55

973 15

651 10

959 50

N ickels a n d c e n ts ............................................................
C hecks, c ash ite m s a n d in te rn a l rev e n u e ac­
c o u n t ...............................................................................

49 20

43 50

34 17

62 65

T o t a ls .........................................................................

1240,293 22

$263,573 02

$273,538 43

$285,778 16

L iab ilities.
C ap ital sto ck p a id i n . . . . ■...........................................

S25.000 00

$25,000 00

825,000 00

$25,000 00

500 00

500 00

500 00

1,000 00

2,972 81

4,747 17

6,285 45

6,483 96

100,949 50

92,598 37

94,716 16

S u rp lu s f u n d .....................................................................
U n d iv id e d p ro fits, less c u rre n t expenses, in terest
a n d ta x e s p a i d ..............................................................
D iv id e n d s u n p a id ............................................................

30 00

C om m ercial d eposits su b je c t to c h e c k ...................

84,535 34

3 00

C om m ercial certificates of d e p o s it..........................
D u e to b a n k s a n d b a n k e r s ..........................................

95 60

C ertified c h e c k s ................................................................
C ash ier’s checks o u ts ta n d in g ....................... .............
S av in g s d e p o s its ..............................................................
S av in g s c ertificates of d e p o s it...................................

127,255 07

132,376 29

$240,293 22

$263 573 02

149,154 61

'

158,479 44

N o te s a n d bills re d is c o u n te d ......................................
B ills p a y a b le .....................................................................

T o t a ls .........................................................................

£273 538 43
1

29


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$285,778 16

22G

STATE BANKING DEPARTMENT.
No. 231.
STATE BANK OF SANILAC CENTRE, SANILAC CENTRE.
Organized May 23, 1901.

A.

E.

S l e epe r , P r e s id e n t ;

D i r e c t o r s . — A.

E.

S le e p e r,

J am es

M c C'a r e n , V i c e

P r e s id e n t ;

O. A. M u n n , A s s i s t a n t C a s h i e r .
A. R. Sch ell. J o h n P . N ig g e m a n ,
M cC aren .

R esources.

R e p o rt of
J a n . 22.

A.

J r .,

R e p o rt of
M arch 28.

R.

Schell,

L in c o ln

C a s h ie r ;

A v ery ,

R e p o rt of
J u n e 9.

Jam es

R e p o rt of
S e p t. 6.

d is c o u n ts ......................................................

$45,700 18

$49,835 79

$49,914 76

$57,267 93

Ronr!«? m o rtg ag es an d s e c u ritie s ..............................

8,622 02

7,659 02

8,400 32

8,129 82

I Ocin55

P rem iu m s p aid on b o n d s .............................................
O v e rd ra fts ..........................................................................

312 87

G00 58

347 78

16 90

R an k in g h o u s e .................................................................

2.000 00

2,000 00

2,000 00

3,000 00

"Furniture and fix tu re s ..................................................

1,265 50

1,265 50

1,265 50

1,615 50

O th er real e s t a t e .............................................................
D ue from o th e r b a n k s an d b an k ers (not reserve
cities) .
...................................................................

1,000 00

1,000 00

1,000 00

973 04

600 51

190 07

365 79

18,821 50

11,451 73

16,911 76

8,624 74

Ite m s in t r a n s i t ...............................................................
U nited S ta te s b o n d s ......................................................
D ue from b a n k s in reserve c itie s ..............................
E x ch an g es for clearing h o u s e ....................................

1,240 78

U S. a n d N a tio n a l b a n k c u rre n c y ..........................

7,308 00

3,218 00

3,181 00

3,485 00

G old c o in ............................................................................
*
S ilv er c o in ..........................................................................

480 00

700 00

2,880 00

3,425 00

87 92

80 00

316 25

46 35

N ickels a n d c e n ts ............................................................
C hecks, cash item s a n d in te rn a l rev e n u e acc o u n t...............................................................................

2 68

1 51

2'65

2 76

185 63

269 73

529 10

T o ta ls .........................................................................

$86,730 28

$79,242 98

$86,771 44

$S6,856 77

L iab ilities
C ap ital sto ck p a id i n .....................................................

$20,000 00

$20,000 00

$20,000 00

$20,000 00

1,000 00

1,000 00

1,000 00

1,500 00

977 06

1,263 55

1,817 12

047 60

S u rp lu s f u n d .....................................................................
.U ndivided pro fits, less c u rre n t ex p en ses, in te re st
a n d ta x e s p a i d .............................................................
D iv id e n d s u n p a id ...........................................................
C om m ercial d ep o sits s u b jec t to c h e c k ...................

23,060 35

19,773 58

22,739 31

19,491 85

C om m ercial c ertificates of d e p o s it...........................

33,861 60

34,601 64

35,424 77

38,754 42

D ue to b a n k s a n d b a n k e r s ..........................................
*

C ertified c h e c k s ................................................................
C ash ier’s checks o u ts ta n d in g ......................................
S av in g s d e p o s its ..............................................................

2,831 27

2,604 21

5,790 24

6,462 90

$86,771 44

$86,856 77

S av in g s certific a te s of d e p o s it...................................
S

N otes a n d bills re d is c o u n te d ......................................
Bills p a v a b le .....................................................................

5,000 00

T o ta ls ..........................................................................

$86,730 28


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$79,242 98

227

STATE BANKS OF MICHIGAN,
No. 200.
TRUMAN MOSS STATE' BANK, SANILAC CENTRE.
Organized October 21, 1897.
J u l ia

II. M i l l s ,

D i r e c t o r s .— J u lia

P r e s i d e n t ; E l iz a b e t h M o s s
C h a k l e s J. O l e so n ,

M i l l s -A n k e t e l l , V i c e
C a s h ie r .

P r e s id e n t

;

■

H . M ills, E liz a b e th M oss M ills-A n k e te ll, T h o m a s J . A n k e te ll, J o h n
O’C o n n o r, J e r e m ia h O’C on n o r.

R esources.

R e p o rt of
J a n . 22.

R e p o rt of
M arch 28.

jjOans a n d d is c o u n ts ......................................................

$61,332 92

864,223 88

B onds m o rtg ag es a,nd se c u ritie s ......................... . .

4,772 69

4,772 69

1
R e p o rt of 1 R e p o rt of
J u n e 9.
I S e p t. 6.

$71,484 39 !
3,603 69

$73,749 SO
5,353 69

P rem iu m s p a id on b o n d s .............................................
O v e rd ra fts , .......................................................................

250 72

461 16

271 16

917 67

B an k in g h o u s e .................................................................

1,577 68

1,577 68

1,577 68

1,577 68

F u rn itu re and fix tu re s ..................................................

408 03

408 03

408 03

543 03

D ue from o th e r b a n k s an d b a n k ers (n o t reserv ed
Ite m s in transit,
U n ite d State*2 b u n d s

555 00

.......................................................
..............................................

P u e from b a n k s in re serv e c itie s .............................

6,904 13

5,922 31

7,400 71

8,835 04'

E x c h a n g e s for clearin g h o u s e ....................................
TT p nnri N atio n al ha,nk c u rre n c v ........................

7,409 00

4,095 00

4,272 00

2,620 00

{^nld coin t ..........................................................................

1,670 00

1,795 00

2,875 00

2,135 00

S ilv er c o in ..........................................................................

690 40

505 10

487 25

207 45

N ickels a,nd c e n ts ............................................................
C hecks, cash ite m s a n d in te rn a l rev en u e acc o u n t , , t .........................................................................

39,16

17 76

35 01

12 50

45 14

4 41

7 59

4 30

T o ta ls ..........................................................................

$85,099 87

$83,783 02

$92,422 51

$96,511 16

L iab ilities.
C ap ital sto ck p a id i n .....................................................

$20,000 00

$20,000 00

$20,000 00

$20,000 00

3,000 00

3,000 00

4,000 00

4,000 00

830 28

1,885 51

1,524 76

1,954 04

S u rp lu s f u n d .....................................................................
U n d iv id e d p ro fits, less c u rre n t expenses, in te re s t
and ta x e s p a i d .............................................................
D iv id en d s u n p a id ...........................................................
D nm niercial d ep o sits su b je c t to c h e c k ...................

29,170 46

28,177 33

20.312 55

23,377 87

C om m ercial certificates of d e p o s it...........................

31 498 62

30,530 11

35,314 13

41,273 97

D ue to b a n k s and b a n k e r s ..........................................

600 51

190 07

305 79
1.000 00

C ertified c h e c k s ...............................................................
C ash ier’s checks o u ts ta n d in g .....................................
S av in g s d e p o s its ..............................................................
S a v in g s certificates of d e p o s it...................................
N o tes and bills re d is c o u n te d ......................................
Bills p a y a b le .....................................................................

T o ta ls .........................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$85,099 87

$83,783 02

4,905 28

4,905 28

$92,422 51

$96,511 16

228

STATE BANKING DEPARTMENT.
No. 225.
SARANAC STATE BANK, SARANAC.
Organized October 16, 1900.
Steph en

M.

Cra w fo rd , P r e s id e n t ;

L e w is

C.

D a v id , V i c e

P r e s id e n t

an d

C a s h ie r ;

W m . II. H u n 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 .— S te p h e n M. C ra w fo rd . J o s e p h J . G ra n g e r, G eorge L iv e rto n , S a m u e l E . T u c k e r,
L e w is C. D a v id , H ira m N . Lee, F r a n c is S. B ro w e r.

R eso u rces.

R e p o rt of
J a n . 22.

R e p o rt of
M arch 28.

R e p o rt of
J u n e 9.

R e p o rt of
S e p t. 6.

R oans a n d d is c o u n ts ......................................................

359,467 44

$58,695 94

$05,214 65

$67,828 18

B o n d s m o rtg ag es an d s e c u ritie s ..............................

65,380 58

60,698 60

65,225 92

62,995 92

P rem iu m s p a id on b o n d s .............................................
O v e rd ra fts ..........................................................................

102 87

R an k in g h o u s e .................................................................

1,225 00

1,225 00

1,225 00

1,200 00

800 00

800 00

800 00

800 00

F u r n itu re a n d fix tu re s ...................................... ..

55

O th e r real e s t a t e .............................................................
D ue from o th e r b a n k s a n d b a n k e rs (n o t reserv e
cities) ...............................................................................

t
59 25

Ite m s in tr a n s i t ...............................................................
U n ite d S ta te s b o n d s ......................................................
D ue from b a n k s in reserv e c itie s ..............................

24,214 77

26,221 01

17,089 27

E x c h a n g e s for clearin g h o u s e ....................................

59 44

72 00

742 83

U . S. an d N a tio n a l B an k C u rre n c y .........................

5,682 00

4,193 00

4,085 00

4,538 00

Gold c o in ............................................................................

3,395 00

3,315 00

3,370 00.

3,430 00

S ilv er c o in ..........................................................................

854 50

558 00

1,172 20

1,400 55

N ickels a n d c e n ts ............................................................
Checks, cash ite m s a n d in te rn a l re v e n u e ac ­
c o u n t ...............................................................................

73 50

71 11

60 16

05 61

155 14

38 79

164 02

4 03

T o ta ls ..........................................................................

$161,410 24

$161,947 70

$159,149 05

$153,582 18

L iab ilities.
C ap ital sto c k p a id i n .....................................................

$20,000 00

$20,000 00

$20,000 00

572 57

572 57

572 57

1,529 35

2,369 95

3,029 85

1,739 97

34,074 74

29,084 69

27,565 51

29,587 82,

105,233 58

109,920 49

107,981 12

101,254 39

$161,410 24

$161,947 70

$159,149 05

$153,582 18

S u rp lu s f u n d .....................................................................
U n d ivid ed p rofits, less c u rre n t expenses, in te re s t
a n d ta x e s p a i d ..............................................................

11,319 29

$20,000 00
'

1,000 00

D iv id e n d s u n p a id ............................................................
C om m ercial d ep o sits s u b jec t to c h e c k ...................
C om m ercial certificates of d e p o s it...........................
D ue to b a n k s a n d b a n k e r s ..........................................
C ertified c h e c k s ................................................................
C ash ier’s checks o u ts ta n d in g .....................................
S avings d e p o s its ..............................................................
S avings certific a te s of d e p o s it...................................
N otes a n d bills re d is c o u n te d ......................................
B ills p a y a b le .....................................................................

T o ta ls ..........................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

229

STATE BANKS OF MICHIGAN.
No. 269.
CENTRAL SAVINGS BANK, SAULT STE. MARIE.
Organized November 25, 1902.

«7. L. L i p s e t t , P r e s i d e n t ; V i c t o r E . M e t z g e r , V i c e P r e s i d e n t ; S i d n e y M i t c h e l i ., C a s h i e r .
D i r e c t o r s . — J . L. L ip s e tt, C. E . A in s w o rth . M. N. H u n t, 15. D e se n b e rg . R o b e rt N. A d a m s,
F . E . K e tc h u m ,. V ic to r E . M etz g e r, J . V. M o ra n . J a y W . S u tto n , W m . E v e r e tt, C. W .
G iven, R. G. F e rg u s o n , O tto S u p e, W . II. I ’eck, H . A. H a rris o n .

R esources.

R e p o rt of
J a n . 22.

R e p o rt of
M arch 28.

R e p o rt of
J u n e 9.

R e p o rt of
S e p t. 6.

T,oans a n d d is c o u n ts ......................................................

$85,032 55

$81,082 99

$84,145 88

$198,791 90

H onds m o rtg ag e s a n d s e c u ritie s ..............................

18.800 00

18,750 00

19,075 00

19,285 00

100 01

130 29

112 40

403 30

F u rn itu re and fix tu re s ..................................................

1.507 91

1,507 91

1,049 01

6,057 03

O th e r real e s ta te .............................................................
D ue from o th e r b a n k s a n d b a n k ers (not reserve
cities) ..............................................................................

717 0-1

425 35

15 00

2,523 19

T)ue from b a n k s in reserv e c itie s .............................

0,091 20

21,704 06

11,890 84

33,536 23

E x c h a n g e s fo r clearin g h o u s e ....................................

1,789 20

2,068 02

1,524 65

2,007 50

U . S. a n d N a tio n a l b a n k c u rre n c y ........................ \

0,040 00

5,920 00

8,360 80

9,049 00

G old c o in ............................................................................

1,589 05

719 05

844 05

2,434 35

S ilv er c o in . . . .

...............................................................

1,010 70

822 80

021 30

2,578 90

N ickels an d c e n ts ............................................................
C hecks, cash ite m s a n d in te rn a l rev e n u e a c ­
c o u n t ...............................................................................

47 09

04 74

16 50

65 90

5 80

288 52

1,441 04

126 29

T o ta ls .........................................................................

$123,943 21

$133,484 33

$129.703 07

$276,918 59

L iab ilities.
C ap ita l s to ck p a id i n .....................................................

$50,000 00

§50,000 00

$50,000 00

$100,000 00

S u rp lu s f u n d .....................................................................
U n d iv id e d p ro fits, less c u rre n t expenses, in te re s t
a n d ta x e s p a id .............................................................

1,018 21

1,851 01

2,092 82

162 33

C om m ercial d ep o sits su b je c t to c h e c k ...................

53,505 71

57,275 01

55,053 00

120,272 94

C om m ercial certificates of d e p o s it...........................

3,206 40

6,425 97

4,510 00

10,948 80

P rem iu m s paid on b o n d s .............................................
O v e rd ra fts ........... ..............................................................
Thanking h o u s e .................................................................

Ite m s in t r a n s i t ...............................................................
U n ite d S ta te s b o n d s ......................................................

D iv id en d s u n p a id ...........................................................

D u e to b a n k s a n d b a n k e r s ..........................................

878 48

C ertified c h e c k s ................................................................

1,000 00

12 50

C ash ie r’s checks o u ts ta n d in g .....................................
S a v in g s d e p o s its ..............................................................

11,152 83

11,932 34

12,047 19

0,000 00

........................
5 000 00

$133,484 33

$129,703 07

S a v in g s certificates of d e p o s it...................................
N o tes a n d bills re d is c o u n te d ......................................

41,643 84
3 non no

B ills p a y a b le .....................................................................

T o ta ls .........................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$123,943 21

j

$276,918 59

230

STATE BANKING DEPARTMENT.
No. 268.
*CHIPPEWA COUNTY SAVINGS BANK, SAULT STE. MARIE.
Organized November 26, 1902.

J am es

L.

L ip s e t t , P r e s id e n t ;
V ic e

W il l ia m
P r e s id e n t ;

IT. P e c k , V i c e P r e s i d e n t ; J a y W .
S id n e y M i t c h e l l , C a s h i e r .

S utton, Seco n d .

D i r e c t o r s .— J a m e s

L. L ip s e tt, W m . IT. P eck , J a y W . S u tto n , ,T. IT. D. E v e r e tt, F r e d Ii.
P ric e , D. K. M oses W . B. R o se v e a r, P. C. Iv elih er, W m . M. E v e r e tt, G eorge A. B rid g e ,
O tto S upe, IT. A. H a rris o n .

R esources.

1 R e p o rt of
J a n . 22.
1

R e p o rt of
M arch 28.

R e p o rt of
J u n e 9.

L oans a n d d is c o u n ts ......................................................

891,943 93

$86,197 81

$116,958 34

B ond s, m o rtg ag e s a n d s e c u ritie s ..............................

8,30S 73

22,402 50

13,450 00

523 15

970 90

712 09

4,274 77

4,274 77

4,274 77

178 05

182 39

1,837 14

10.504 34

7,124 92

6,920 60

U . S. a n d N a tio n a l b a n k c u rre n c y ..........................

7,581 25

5,487 00

6,762 25

G old c o in ............................................................................

1,250 00

815 00

2,880 00

S ilv er c o in ..........................................................................

1,693 80

2,704 95

725 75

N ickels an d c e n ts ............................................................
C hecks, cash ite m s a n d in te rn a l rev en u e ac­
c o u n t ...............................................................................

170 34

205 30

96 76

765 79

2,509 40

1,493 4S

$127,200 75

$132,874 94

$156,111 84

$50,000 00

$50,000 00

$50,000 00

754 07

1,170 39

348 08

C om m ercial d ep o sits su b je c t to c h e c k ...................

49,203'45

46,510 67

66,068 79

C om m ercial certificates of d e p o s it...........................

2,595 00

8,243 42

7,059 17

P rem iu m s p a id on b o n d s .............................................
O v e rd ra fts ..........................................................................
B an k in g h o u s e .................................................................
F u rn itu re a n d fix tu re s ...........................................
O th e r re a l e s t a t e .............................................................
D ue fro m o th e r b a n k s a n d b a n k e rs (n o t reserv e
c itie s ) ...............................................................................
Ite m s in t r a n s i t ...............................................................
U n ite d S ta te s b o n d s ...................................................... t..........................
D ue fro m b a n k s in re serv e c itie s ..............................
E x c h a n g e s for clearin g h o u s e ...................'................

T o ta ls .........................................................................
L iab ilities.
C ap ital s to ck p a id i n .............................................. ..
S u rp lu s f u n d ...................................................................
U ndiv id ed p ro fits, less c u rre n t ex p en ses, in te re st
a n d ta x e s p a i d ..........................................................
D iv id en d s u n p a id .........................................................

D ue to b a n k s a n d b a n k e r s .......................................
C ertified c h e c k s ...........................................’...............

939 00

C ashier’s checks o u ts ta n d in g .....................................
S aving s d e p o s its ................................................

24,648 23

24,947 46

24,696 80

2,000 00

7,000 00

$132,874 94

$156,111 84

S avin g s c ertific a te s of d e p o s it...................................
N otes a n d bills re d is c o u n te d ......................................
B ills p a y a b le ...................................................................

T o ta ls ................................................................

$127,200 75

* Consolidated with Central Savings Bank, Sault Ste. Marie, June 29, 1904


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

R e p o rt of
S e p t. 6.

231

S T A T E B A N K S O F M IC H IG A N

No. 54.
SAULT SAVINGS BANK, SAULT STE. MARIE.
Organized November 20, 1886.
M. J. W e a v er , V i c e P r e s i d e n t ; E. L. S t a n l e y , C a s h i e r ;
D. E . V an D ü s e 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 . — G eo rg e K em p. C. E . A in s w o rth , W . L. M urd o ck , J. IT. S te e re , W m . C h a n d le r,
M. J . W ea v e r, F r a n k P e rr y , M. J . M agee, H e n ry H ic k le r, A lb e rt L. F e rg u s o n .
1
R e p o rt of
R e p o rt of
R e p o rt of
R e p o rt of
S e p t. 6.
J u n e 9.
M arch 28.
R eso u rces.
i J a n . 22.
G eo rg e K e m p ,

P r e s id e n t ;

$426,349 19 |
!
153,338 82 j

I
$424,793 55 |

$400,715 09

L o an s a n d d is c o u n ts ......................................................

$425,302 49

B o n d s, m o rtg ag es a n d s e c u ritie s ..............................

154,258 82

477 96

2,211 20 j

B an k in g h o u s e .................................................................

35,000 00

35,000 00 i

35,000 00

35,000 CO

F u rn itu re a n d fix tu re s ..................................................

3,000 00

3,000 00

3,000 00

3,000 OO

O th e r re a l e s t a t e ............................................................
D ue fro m o th e r b a n k s an d b a n k e rs (n o t reserve

112 69

112 69

120 79

143,343 92

153 543 82 i
|
8,957 54 1
1

889 82

120 79
16,887 44

2,783 02

2,164 55

4,067 88 '

5,087 99

3,921 51

1,536 98

D ue fro m b a n k s in reserv e c itie s ........................... -

53,577 50

89,718 14

67,745 34

E x ch an g es for clearin g h o u s e ....................................

6,300 00

4,300 00

1,500 26

3,800 07

43.S96 00

30,885 00

34,770 00

22,827 00

4,530 00

2,105 00

2,345 00

4,295 00

3,111 25

1,132 50

3,319 85

2,789 00

N ickels a n d c e n t s ............................................................
C hecks, cash ite m s a n d in te rn a l re v e n u e ac-

344 12

345 83

543 20

272 79

23 05

32 53

91 00

144 00

T o tals T.......................................................................

8737,804 95

$754,616 90

$817,534 55
$731,335 21
%,
____________

L iab ilities.
C ap ital sto ck p a id i n .....................................................

$100,000 00

.$100,000 00

$100,000 00

$100,000 00

' 35,000 00

35,000 00

35,000 00

35,000 00

3,806 33

8,243 17

8,663 95

15,833 11

U. S. an d N a tio n a l b a n k c u rre n c y ..........................
rjn]fl coin

............................................................

S u rp lu s f u n d ....................................................................
U n d iv id ed pro fits, less c u rre n t expenses, in te re st
a n d ta x e s p a id .............................................................

123,449 63

128 00
C om m ercial d ep o sits s u b jec t to c h e c k ...................

233,643 16

269,823 90

256,885 03 !

307,681 55

C om m ercial certificates of d e p o s it...........................

58,163 91

62,469 45

49,422 42

83,251 11

1,675 93

C ertified c h e c k s ................................................................
C ash ier’s checks o u ts ta n d in g .............. .......................

4,328 60

1,102 36

2,369 43

2,845 16

2,557 08

1 30

1 36

1 36

1 36

264,304 16

i
260,131 56 j

'
248,805 37 |

B ills p a y a b le ............................................................'------

30,000 00

15,000 00

30,000 00

T o ta ls T.......................................................................

$737,804 95

$754,616 96

$731,335 21

S av in g s d e p o s its ..............................................................

274,091 49

S avings certificates of d e p o s it...................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$817,534 55
1

STATE BANKING DEPARTMENT.

232

No: 251.
THE SEBEWAING STATE BANK, SEBEWAING.
Organized January 9, 1902.
F rank

W . H u b b a r d , P r e s i d e n t ; W il l ia m
J . T . H a d w in , C a s h i e r ; R . C.

D i r e c t o r s .— F r a n k

T. B o p e , J o h n R yan, V ic e P r e s id e n t s ;
J e n k s , J r ., A s s i s t a n t C a s h i e r .

W . H u b b a rd , W illia m T. B one, J o h n R y a n , M a r g a r e t M. H a d w in , J . T.
H a d w in .
R e p o rt of
J a n . 22.

R e p o rt of
M arch 28.

L oans a n d d is c o u n ts .........................

$26,055 29

$26,002 57

$28,424 10 I

$30,349 98

B o n d s, m o rtg ag e s a n d securities.

77,785 15

75,105 30

72,566 11

72,267 96

R esources.

R e p o rt of
J u n e 9.

R e p o rt of
S e p t. 6.

P rem iu m s p a id on b o n d s ...............
O v e rd ra fts ............................................

819 01

802 41

13 30

276 17

B an k in g h o u s e ....................................

4.000 00

4.000 00

4,000 00

4,000 00

F u rn itu re an d fix tu re s ....................

1.000 00

1.000 00

1,100 00

100 00

O th e r real e s t a t e .............................................................
D ue from o th e r b a n k s a n d b a n k e rs (n o t reserve
cities) ..........................................................................

2,505 27

725 93

103 07

5,927 47

148 78

Ite m s in t r a n s i t ....................................
U n ite d S ta te s b o n d s ..........................
D ue fro m b a n k s in re serv e c itie s ..

15,732 84

3,868 73

E x ch an g es for clearin g h o u s e ........
U. S. a n d N a tio n a l b a n k c u rre n c y .

0,381 00

5,310 00

2,263 00

557 00

G old c o in ................................................

1,817 50

3,057 50

4,277 50

227 50

S ilv er c o in ..............................................

421 95

359 SO

398 15

206 30

23 05

54 96

3 34

125 60

309 GO

493 16

270 54

568189

$130,911 32

$120,054 43

$20,000 00

$20,000 00

1,000 00

1,000 00

1,000 00

212 44

277 46

1,403 95

1,394 15

23,053 80

19,540 25

16,552 84

10,400 34

104 74

392 61

92,540 34

78,844 11

$130,911 32

$120,054 43

N ickels a n d c e n ts ......................... ..................................
C hecks, cash item s a n d in te rn a l re v e n u e ' ac­
c o u n t ...............................................

T o ta ls .
L iab ilities.
C ap ita l sto c k p a id i n ................
S u rp lu s f u n d ........... .........................................................
U n d iv id ed pro fits, less c u rre n t expenses, in te re st
an d ta x e s p a id ......................................................

$119,975 44 !

$ 20,000

00

i

j

$120,931 25

$

20,000 00

1,100 00

D iv idends u n p a id ............................................................
C om m ercial d e p o sits su b jec t to c h e c k ...................
C om m ercial certificates of d e p o s it............................ I
D ue to b a n k s a n d b a n k e r s ..........................................

172

998 54

C ertified c h e c k s ................................................................. i
C ash ie r’s checks o u ts ta n d in g .......................................;
S a v in g s d e p o s its ..............................................................
S a v in g s certificates of d e p o s it.....................................!

120 78 j

359 43

80,725 07 !

80,678 79

N o tes a n d bills re d is c o u n te d ....................................... |
B ills p a y a b le .......................................................

T o ta ls .


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$119,975 44

$120,931 25

233

STATE BANKS OF MICHIGAN.
No. 204.
STATE SAYINGS BANK OF SCOTTVILLE, SCOTTVILLE.
Organized July 29, 1898.
Ç.

W.

M c F h a il , P r e s i d e n t ;

M o k r ic f . L . W i l l i a m s , V i c e P r e s i d e n t ;
H . W . M c P h a i l ., A s s i s t a n t C a s h i e r .

E.

L.

Cole,

C a s h ie r ;

D i r e c t o r s .— C . W . M c P h a il, M. L . W illia m s , C . A . M c P h a il, W . S . R ic h a rd s o n , E . L . Cole.

R esources.

R e p o rt of
M arch 28.

R e p o rt of
J a n . 22.

R e p o rt of
J u n e 9.

R e p o rt of
S e p t. 6.

TiOnns a n d d is c o u n ts .....................................................

849,982 75

$56,567 58

$61,355 72

$59,719 16

’R onds m o rtg ag e s and s e c u ritie s ..............................

31.131 82

33,227 18

33,649 77

34,003 87

•

40

3 31

B a n k in g h o u s e .................................................................

5,000 00

5,000 00

5,000 00

5,000 00

F u r n itu re a n d fix tu re s ..................................................

1,800 00

1,800 00

1,800 00

1,800 00

O th e r real e s t a t e .............................................................
D u e fro m o th e r b a n k s a n d b a n k e rs (n o t reserv e
cities) ...............................................................................

147 89

147 89

147 89

122 16

3,183 39

1,418 97

943 64

1,403 55

Tterns in t r a n s i t ...............................................................

270 41

21 25

38 61

O v e rd ra fts

...............................................

U n ited S ta te d b o n d s ................................................. ,. .
D u e from b a n k s in reserv e c itie s .............................

12,760 08

11,025 47

3,168 35

7,584 46

3,907 00

■4,500 00

0,600 00

5.000 00

900 00

900 00
700 00

E x c h a n g e s fo r clearin g h o u s e ....................................
U . S. a n d N a tio n a l b a n k c u rre n c y ..........................
«Hold c o in ............................................................................

14)5 00

S ilv e r c o in ..........................................................................

1,790 00

1,200 00

1,352 00

N ickels a n d c e n ts ............................................................
‘C hecks, c ash ite m s a n d in te rn a l rev e n u e ac ­
c o u n t ...............................................................................

16 65

19 97

56 48

13 36

246 75

420 14

275 73

331 04

T o t a ls ..........................................................................

8110,443 74

$115,327 60

$115,274 14

$116,616 21

$15,500 00

$15,500 00

$15,500 00

$15,500 00

10,000 00

10,000 00

10,000 00

10,000 00

739 36

2,098 98

3,814 00

4,330 69

37,215 14

34,000 85

27,187 83

24,085 10

150 91

........................
874 69

100 10

963 31

S av in g s d e p o s its ..............................................................

32,348 81

39,041 14

35,489 13

34,978 95

S a v in g s certific a te s of d e p o s it...................................

14,489 52

13,211 94

13,183 08

12,752 16

10,000 00

14,000 00

$115.274 14

SI 16.616 21

L iabilities.
C a p ita l sto c k p a id i n .....................................................
S u rp lu s f u n d ................................................ '....................
U n d iv id e d p ro fits, less c u rre n t ex p en ses, in te re st
a n d ta x e s p a i d .............................................................

•

D iv id e n d s u n p a id ............................................................
C o m m ercial d ep o sits s u b je c t to c h e c k ...................
C o m m e rc ial certificates of d e p o s it...........................
D u e to b a n k s a n d b a n k e r s ..........................................
C ertifie d c h e c k s ................................................................
C a s h ie r’s checks o u ts ta n d in g .....................................

N o tes a n d bills re d is c o u n te d ......................................
Bills p a y a b le .....................................................................

T o t a ls .........................................................................

30


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Si 10,443 74

$115,327 60

234

STATE BANKING DEPARTMENT.
No. 175.
COMMERCIAL STATE BANK OE SHEPHERD, SHEPHERD.
Organized December 27, 1894.

I.

N.

Sh eph erd ,

P r e s id e n t ;

W.

I.

O. IT. A d a m s ,
N.

Sh epherd,

V ic e
P r e s id e n t :
W.
A s s is t a n t C a s h ie r .

E.

Ad am s,

D i r e c t o r s . — I.

C a s h ie r ;

N. S h e p h e rd , L in u s I). E ste e , II. D. B e n t, M aggie II. W h ite , O liv e r
A d a m s, N. W . S tru b le , W. 10. A d am s, W . L. D ibble, W. I. N. S h e p h e rd .

R esources.

R e p o rt of
J a n . 22.

R e p o rt of
M arch 28.

II,

R e p o rt of | R e p o rt of
J u n e 9.
S e p t. 6.

L o an s a n d d is c o u n ts ......................................................

$76,488 17

$74,801 41 j

$70,042 46 ]

B o n d s, m o rtg ag e s a n d s e c u ritie s ..............................

37,425 00

46,525 00 !

44,025 00

121 67

922 62 1

171 73

873,424 91
45,025 OO

P rem iu m s p a id on b o n d s .............................................
O v e rd ra fts ............. ............................................................
B an k in g h o u s e ..................................................................
F u rn itu re a n d fix tu re s ..................................................

1,000 00 j

1,000 00

1,000 00

1,000 00

30,813 54

35,604 40

27,941 09

O th e r re a l e s t a t e .............................................................
D ue from o th e r b a n k s a n d b a n k ers (n o t reserve
cities) ...............................................................................
Ite m s in t r a n s i t .............! ................................................
U n ite d S ta te s b o n d s ............................ , .....................
D ue from b a n k s in re serv e c itie s ..............................

38,035 61

D e m an d c e rtific a te s of d e p o s it...............................

10,000 00

E x ch an g es fo r cle arin g h o u s e .................................. ..

341 24

111 04

U. S. a n d N a tio n a l b a n k c u rre n c y ..........................

4,650 00

3,415 00

6,400 00

6,720 00

G old c o in ............................................................................

3,220 00

3,240 00

3,135 00

3,135 00

S ilv er c o in ..........................................................................

1,315 65

1,527 10

1,648 85

1,440 35-

93 03

114 84

121 89

118 11

T o t a ls ...................................... . . . . . . ......................

$172,690 37

$102,470 55

»162,149 33

$159,673 92

L iab ilities.
C ap ita l s to ck p a id i n .....................................................

N ickels an d c e n ts ............................................................
C hecks, cash ite m s a n d in te rn a l rev e n u e a c ­
c o u n t ................................................................................

142 36

$20,000 00

$20,000 00

820,000 00

$20,(0) 00

S u rp lu s f u n d .....................................................................
U n d iv id ed p ro fits, less c u rre n t ex p en ses, in te re st
a n d ta x e s p a i d .............................................................

7,000 00

7,000 00

7,000 00

7,500 00

554 10

1,733 71

1,881 43

1,109 95

D iv id en d s u n p a id ............................................................

15 00

C om m ercial d ep o sits su b je c t to c h e c k ...................

50,182 82

39,093 09

37,932 64

41,542 23

C om m ercial certific a te s of d e p o s it...........................

94,938 45

94,623 49

94,585 26

88,896 88-

20 26

750 00

624 86

$162,470 55

S162.149 33

8159.673 92-

D u e to b a n k s a n d b a n k e r s ..........................................
C ertified c h e c k s ................................................................
C ash ier’s checks o u ts ta n d in g ......... ............................
S avings d e p o s its ..............................................................
S av in g s certific a te s of d e p o s it...................................
N o te s a n d bills re d is c o u n te d ......................................
B ills p a y a b le .....................................................................

T o tals


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$172,690 37

235

STATE BANKS OF MICHIGAN.
No. 148.
CITIZENS’ STATE BANK OF SOUTH HAVEN, SOUTH HAVEN.
Organized December 28, 1892.
W.

S.

B radley, P resid en t;

R . T.

P ie r c e , V ice P r e s i d e n t ;

L. E.

P a r s o n s , C ashier.

W. S . B radley, Jo h n C. M erson, R. T. Pierce, O. M. V aughan, S ilas M. Trowbridge, L. F. Otis, Jam es K. B arden, C . W. W illiam s, L . A. Spencer, W. II. H urlbut,
T. A. Bixby.

D i r e c t o r s .—

Resources.

Loans and disco u n ts.................................................
Bonds m ortgages and securities...........................
Prem ium s paid on b o n d s.........................................

R eport of
Ja n . 22.
$179,698 27
130,393 84
1,285 00

R eport of
M arch 28.

R eport of
Sept. 6.

R eport of
June 9.

$176,747 08

$212,178 21

$205,219 10

124,977 73

121,982 73

123,511 48

1,285 00

1,285 00

1,285 00
1,172 42

O v erd rafts...................................................................

907 86

524 47

617 62'

F u n d tore and fix tu res..............................................

2,000 00

2,000 00

2,000 00

2,000 00

Tterns in tr a n s it..........................................................

5,158 30

8,298 65

155 80

388 55

Due from banks in reserve cities...........................

39,736 82

28 253 34

30.03S 04

53,046 57
22,174 00

Due from other banks and bankers (not reserve

4,140 15

Exchanges for clearing house
TT S and N ational bank currency........................

12,293 00

9,355 00

15,352 00

Hold co in ................ *...................................................

8,217 50

6,762 50

9,910 00

12,147 50

Silver co in ....................................................................

4,435 85

3,135 20

4,214 75

8,680 80

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue acc o u n t.........................................................................

103 93

102 68

201 53

303 87

2,297 10

999 01

4,810 86

7,307 36

T o ta ls...................................................................

$380,587 47

$362,441 26

$402,746 54

$441,386 80

Liabilities.
Capital stock paid in .................................................

$50,000 00

850,000 00

$50,000 00

$50,000 00

10,000 00

10,000 00

10,000 00

10,000 00

12,224 28

14,547 96

14,172 73

15,744 16

105,760 78

83,979 40

106,269 07

170,318 25

57,027 44

53,069 41

55,530 19

55,874 06

150,974 97

145,844 49

136,774 55

139,449 73

5,000 00

15.000 00

-

Surplus fu n d ...............................................................
Undivided profits, less current expenses, interest
and taxes p a id ........................................................
Dividends unpaid
Commercial deposits subject to check..................
Commercial certificates of d ep o sit.........................
Due to banks and bankers
Certifier! checks
Cashier’s checks o u tstan d in g ..................................
Savings deposits.........................................................
Savings certificates of deposit
Nof.es and bills rediscounted...........
Bills p ay ab le...............................................................

T o ta ls...................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

15.000 00
$402,746 54 |
$386,587 47 ! $302.441 26
1
[
1

$441,380 80

236

STATE BANKING DEPARTMENT.
No. 71.
THE FIRST STATE BANK OF SOUTH HAVEN, SOUTH HAVEN.
Organized December 28, 1889.
J.

R o s s , V i c e P r e s i d e n t ; G e o r g e C. M o n r o e , C a s h i e r ;
C. F . H unt , 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. .J. M onroe, Volney Ross, M. H. Bixby, Jo h n M ackey, Sam uel I ’. W ilson,
E unice E. Moore, II. M. Avery, L. S. Monroe, F ra n k E. Rood.
M onbob,

P resid en t;

V oln ey

R eport of
Jan. 22.

Resources.

R eport of
March 28.

R eport of
Ju n e 9.

ReporL of
Sept. 6.

Loans and discounts.................................................

5222,239 42

$243,331 08

S207,587 04

$277,292 98

Bonds, m ortgages and securities...........................

153,881 35

154,889 52

131,109 79

124,175 79

107 87

54 87

225 99

323 13

150 00

150 00

150 00

100 00

3 55

391 61

Prem ium s paid on b o nds.........................................
O v erd rafts....................................................................
Banking h o u se............................................................
F urniture and fix tures..............................................
O ther real e s ta te ........................................................
Due from other banks and bankers (not reserve
cities) ........................................................................
Item s in tran sit, currency......................................

5,000 00

United States b o n d s.................................................
Due from banks in reserve cities...........................

82,807 69

47,539 18

Exchanges for clearing house............ .....................

14,583 67

51,943 59

4,253 73

U. S. and N ational bank currency........................

13,180 00

5,915 00

16,243 00

Gold co in ..............................................

11,917 00

9,800 00

9,610 00

9,267 00

Silver co in ............................................

3,900 00

3,300 00

2,500 00

5,000 00

Nickels and c e n ts................................. •.
Checks, cash item s and internal revenue ac­
count .......................................

656 52

648 04

578 92

500 94

3,134 84

5,181 78

3,824 76

4,363 13

8492,034 69

$475,813 02

$451.058 51

$491,582 50

$50,000 00

$50,000 00

$50,000 00

$50,000 00

35.000 00

35,000 00

35,000 00

35,000 00

23,257 37

. 26,244 13

26,637 95

26,372 06

T o ta ls..........................................
Liabilities.
Capital stock paid i n ...................
^
.........................................
Surplus fu n d ...........................
Undivided profits, less current expenses, interest
and taxes p a id .............

18,616 00

Dividends u n p a id .............................
Commercial deposits subject to check .............

126,699 56

117,821 51

105,849 42

150,153 34

Commercial certificates of dep o sit..........

7,200 85

3,979 05

5,783 05

4,758 55

Due to banks and b an k ers.................

2,054 56

324 25

265 63

1,205 01

223,282 27

222,009 00

209,637 58

200,185 55

24,540 OS

20,435 08

17,884 88

17,908 05

8492,034 69

$475,813 02

$451,058 51

$491,582 50

Certified checks..........................
Cashier’s checks o u tstan d in g .........
Savings dep o sits.............................
Savings certificates of deposit...........
Notes and bills rediscounted...............
Bills p ay ab le...........................

T o ta ls.................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

t

237

STATE BANKS OF MICHIGAN.
No. 278.
SOUTH RANGE BANK, SOUTH RANGE, [BALTIC P. 0.].
Organized July 8, 1903.
R. R.

L. L. H u b b a r d , V i c e P r e s i d e n t ; W. R. T h o m p s o n , C a s h i e r ;
H. F . G r 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 . — Jam es Ckynow eth, L . L . H ubbard, F. W D enton, N. F . Leopold, A. D. E dw ards.
R. C. P ryor, R. R . Goodell.
G oodell, P residen t;

R eport of
June 9.

$40,618 99

$43,495 28

$54,815 01

$77,884 07

Banking house. tTTTTT................................................

5,194 42

5,194 42

5,194 42

5,275 42

F u rn itu re and fix tu res.............................................

1,585 46

1,735 46

1,947 21

2,002 21

Ofhpr reft] estatp
.....................................
Due from other banks and bankers (not reserve
c i t i e s ) .....................................................................

17,575 62

26,255 55

27,123 S9

26,689 05

Item s in tr a n s it..........................................................

69 61

214 00

143 45

1,149 29

5,161 71

3,948 63

4,420 42

14,994 34

7,200 00

J,nans find discounts.................................................

R eport of
Ja n . 22.

R eport of
Sept. 6.

R eport of
March 28.

Resources.

Bonds m ortgages ond securities..................... ..
Prem ium s paid cn hnnfis .......................................
O verdrafts

r . T...................................................

U nited S tates bonds ...............................................
P u 0froni banks in reserve cities...........................
Exchanges for clearing h ouse.................................
7,030 00

4,300 00

3,835 00

TT.................................................

535 00

725 00

520 00

Silver coin .. r ..............................................................

838 00

670 00

789 30

Nickels and c e n ts.......................................................
Checks, cash item s and internal revenue acc o u n t.........................................................................

70 50

62 50

134 15

78 94

2,133 01

4,008 93

4,772 96

2,910 77

T o ta ls....................................................................

$80,812 32

891,209 77

$103,695 81

$139,059 09

Liabilities.
Capital stock paid i n ................................................

$30,000 00

$30,000 00

$30,000 00

$30,000 00

20

309 58

997 45

36,607 16

40,584 93

41,187 64

55,567 85

14,116 83

20,462 64

32,198 59

52,493 79

$80,812 32

$91,209 77

$103,695 81

$139,059 09

U S and N ational hank currency.......................
Qo]d coin

fu n d ...............................................................
Undivided profits, less current expenses, interest
and t a x e s p a id .......................................................

875 00

S u r p lu s

88 33

162

"Dividends u n p a id ......................................................

Commercial deposits subject to check..................
C om m ercial certific a te s of d e p o s it...........................

"Due. fo banks and b an k ers......................................
Certified checks ...........................................................
Cashier's checks o u tstan d in g ..................................
Savings d ep o sit...........................................................
Savings certificates of d ep o sit...............................
Notes and bills rediscounted..................................
Bills p a y a b le

...............................................

T o ta ls...................................................................


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Federal Reserve Bank of St. Louis

STATE BANKING DEPARTMENT.

238

No. 207.
SPARTA STAT