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TWENTY-SECOND ANNUAL REPORT

OF T H E COM M ISSIONER OF T H E

BANKING DEPARTMENT
OF T H E

STATE OF M IC H IG A N
DECEMBER 31, 1910.

BY AUTHORITY

LANSING, M ICHIGAN
WYNKOOP H A L LEN BECK CRAW FORD CO., STATE
1910


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Federal Reserve Bank of St. Louis

P R IN T E R S


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Federal Reserve Bank of St. Louis


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Federal Reserve Bank of St. Louis

DEPARTMENT OFFICERS

C O M M ISSIO N ER ,

H. M. ZIMMERMANN.
D EPU TY

C O M M ISSIO N ER ,

W. DONOVAN.
BA N K

E X A M IN E R S ,

HERBERT E. JOHNSON,
CHARLES E. TOMS,
ALBERT E. MANNING,
CHARLES H. ADAMS,
CARL E. McALVAY,
HIRA C. MOORE,
JOHN A. MAY,
JOHN D. MORTON,
JOHN C. BARRON,
J. B. SHOWERMAN,
. A. CAMPBELL.

O FFIC IA L ADDRESS, L A N SIN G , M IC H IG A N ,

V


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COMMISSIONERS OF BANKING OF MICHIGAN.
[Under Act 205, 1887.]

THEODORE C. SHERWOOD,
Appointed January 7, 1889; resigned November 7, 1896.
DANIEL R. 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.
GEORGE W. MOORE,
Appointed January 8, 1903; term expired February 19, 1907.


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Federal Reserve Bank of St. Louis

HENRY M. ZIMMERMANN,
Appointed February 19, 1907.


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.

TABLE OF CONTENTS
Page.
lxviii
Abstracts, com parative, 1889 to 1910, inclusive, state b an k s............................................................
com parative, 1889 to 1910, inclusive, national b a n k s ................................................
Ixxii
of state banks, 1910................................. ................................................................................
lxxvi
of national banks, 1910............................................................................................................
lxxvii
to tal volume of business state and national banks, reports of 1910............................
lxxviii
sta te banks in D e tro it............................................................. ................................................
lxxix
lxxx
national banks in D etro it.................................. .....................................................................
state and national banks in D e tro it.....................................................................................
lxxxi
state and national banks in Grand R a p id s........................................................................
lxxxii
state and national banks in S aginaw ...................................................................................
lxxxiii
state and national banks in B attle C reek.........................................................................
Ixxxiv
state and national banks in K alam azoo.............................................................................
Ixxxv
state and national banks in B ay C ity.................................................................................
lxxxvi
state and national banks in Jackson................................................................................... lxxxvii
state and national banks in C alum et.................................................................................. lxxxviii
state and national banks in Ann A rbor..............................................................................
lxxxix
state and national banks in P ort H u ro n ...........................................................................
xc
xci
state and national banks in Lansing...............................................................' • .................
state and national banks in M a rq u ette...............................................................................
xciv
national banks in H o u g h to n ..................................................................................................
xcv
state and national banks in A d rian .....................................................................................
xcii
state and national banks in Muskegon...............................................................................
xciii
state and national banks in A lpena....................................................................................
xcvi
state banks in B enton H arb o r...............................................................................................
xcvii
of R eceiv ersh ip s.......................................................................................................................
xx
Am endm ents to Banking L a w ...................................................................................................................
xxiv
Banks closed by D ep artm en t.....................................................................................................................
xv
Banks exam ined and fees p a id ...................................................................................................................
lvi
Banks organized since December 1, 1910....................................................................................... .. • ••
519
Capital stock, increase and decrease o f ....................................................................................................
xii
Certificate of state treasurer as to fe e s....................................................................................................
lxvi
Collateral Deposit Com panies.....................................................................................................................
xxiv
E arnings and D ividends............................................................................
xvii
E xam inations...............................................................
x
E xtension of corporate ex iste n ce......................................................... ■‘ ................................................
xiv
Financial co n d itio n ............................
ix
Growth of state b a n k s .......................................................................................................................
xv
Increase and decrease of capital s to c k .....................................................................................................
xii
Index to b a n k s ...............................................................................................................
529
List of bank cashiers in Michigan..............................................................................................................
523
List of bonds approved by securities com m ission.................................................................................xxii-xxiii
Liquidations and consolidations.................................................................................................................
xni
New b a n k s...........................................................................................................................
xl|
N um ber of depositors....................................................................................................................................
XV1
N um ber of state banks and tru st com panies.........................................................................................
‘x
Opinions of atto rn ey general.......................................................................................................................
xxxi
Other am endm ents to articles of incorporation.....................................................................................
xili
Receipts and ex p enses..................................................................................................................................
XX1
Reserves............................................................................................................................................................
Reserve cities................................................................................................... .. • ............... .........................
R eceiverships...................................................................................................................................................
XV1*
R ecom m endations as to L egislation.........................................................................................................
xxvi
R eports of state banks and tru st companies (see in d e x )....................................................................
3-408
R eports of national banks (see in d ex )..................................................................................................... 411-515
Securities com m ission....................................................................................................................................
xxu


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STATE BANKING DEPARTMENT
REPORT OF THE COMMISSIONER.

STATE OF MICHIGAN,
Banking Department,
Lansing, December 31, 1910.
To the Honorable Fred M. Warner, Governor of Michigan:
Complying with the provisions of Section 43 of the Generali Banking
Law of Michigan, I have the honor to submit for your consideration the
twenty-second annual report of this Department for the year ending
December 31, 1910.
N U M B E R OF STATE B A N K S AND TRUST C O M PA N IES.

There are at the date of this report under the supervision of this De­
partment, 399 state banks and five trust companies transacting business
in this state. In the statistics and tables the number is given as 397
state banks. This is due to the fact that two banks commenced business
since the date of the last report, November 10, 1910.
F IN A N C IA L CONDITION.

On pages three to four hundred eight, inclusive, will be found re­
ports showing the financial condition of all state banks and trust
companies. Reports of condition were called for by the Department
and made by the banks at the close of business November 16, 1909,
January 31, March 29, June 30, September 1 and November 10, 1910.
The last named report will be published in the Department’s annual
report for the year 1911. As explained in previous reports, this plan was
adopted in order that the report might be in the hands of the bankers
in time to be of appreciable value as a book of reference.
On pages 410 to 515 will be found statements of conditions of each
of the national banks in Michigan.
I desire particularly to call attention to the tables contained in the
text of this report, which show the increasing wealth of the people of
our state since the organization of the Department in 1889, and contain
abstracts of the annual reports of state and national banks for the past

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X

ST A T E

BAN KING

D EPA RTM EN T.

twenty-two years. I again include the statistics of the state and n a­
tional banks located in reserve cities.
E X A M IN A T IO N S .

The Departments, through its examining force, has made 792 examina
tions during the year 1910. Each state bank has been examined twice,
except such as were organized during the last months of the year. Each
of the five trust companies has been examined once during the year
to meet the requirements of the trust, deposit and security law.
The condition of the banks and trust companies, as revealed by the
examiners’ reports, is extremely gratifying. Each examiner’s report has
been carefully examined, and letters of criticism written the banks.
These letters of criticism, as well as replies thereto, were required to be
made a part of the directors’ records.
With the exception of the banks organized during the year, each
bank has made to the Department five reports of condition, two re­
ports of earnings and dividends, two reports showing the result of
directors’ examinations, and also special reports wherever circum
stances have warranted asking for the same.
Oaths of directors, signatures of officers, and list of stockholders, to­
gether with a report as to the number of depositors are furnished the
Department each year by each bank.
I am pleased to state that it has been necessary but in a few cases
to require special reports. Where such reports have been required they
have been promptly given, and steps have been taken bv the banks to
correct the irregularities to which their attention was called.
RESERVES.

In a few instances during the year, a few of the banks have allowed
their cash and legal reserves to fall below the requirements of Sections
24 and 27, yet as a whole the total reserve for the state has been well
maintained. As a matter of convenience and reference, I give the fol­
lowing tabulation:


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C o m m ercial
d e p o s its .

J a n u a r y 3 1 ................ ............................
M a rc h 2 9 ..................................................
J u n e 3 0 .....................................................
S e p te m b e r 1 ...........................................
N o v e m b e r 1 0 .........................................

$ 8 8 ,0 4 1 ,4 1 8
8 9 ,4 3 1 ,1 3 2
9 2 ,3 5 3 ,0 1 5
9 2 ,0 1 7 ,5 9 3
9 2 ,2 7 7 ,2 4 7

$ 2 3 ,0 3 3 ,1 2 8
2 2 ,2 9 7 ,5 7 7
2 4 ,0 8 7 ,9 2 0
2 2 ,2 3 9 ,9 7 8
2 1 ,9 3 5 ,6 3 2

P er cent
re s e rv e .

2 6 .1
2 4 .9
2 6 .1
2 4 .1
2 3 .7

C om m ercial
c a sh re s e rv e .

$ 7 ,9 3 1 ,0 9 6
6 ,8 6 7 ,3 4 6
8 ,9 1 5 ,5 6 0
7 ,6 7 7 ,5 9 8
7 ,4 4 4 ,6 2 7

P er cent
rese rv e .

9
7 .6
9 .7
8 .3
8

S a v in g s
d e p o s its .

$ 1 5 4 ,9 5 6 ,5 8 6
1 5 9 ,9 9 4 ,2 6 6
1 6 4 ,8 6 4 ,8 6 4
1 6 7 ,1 0 7 ,7 2 1
1 6 9 ,0 7 2 ,3 4 8

S a v in g s
le g a l res e rv e .

$ 2 7 ,6 9 2 ,4 1 5
2 9 ,3 6 2 ,7 9 1
2 9 ,0 7 5 ,4 2 1
2 8 ,5 7 0 ,3 5 9
2 8 ,7 7 1 ,9 9 0

P er cent
re s e rv e .

S a v in g s
c a s h re s e rv e .

Per cent
reserv e.

1 7 .8
1 8 .3
1 7 .6
1 7 .1
17

$ 8 ,8 6 2 ,6 7 4
9 ,2 4 7 ,8 4 7
9 .6 4 7 ,4 6 5
9 ,5 2 5 ,8 2 2
9 ,9 2 7 ,5 0 2

5 .7
5 .1 6
5 .8
,5 .7
5 .8

T o ta l
re s e rv e .

$ 5 0 ,7 2 5 ,5 4 3
5 1 ,6 6 0 ,3 6 9
5 3 ,1 6 3 ,3 4 1
5 0 ,8 1 0 ,3 3 7
5 0 ,7 0 7 ,6 2 2

P er cent
re s e r v e .

2 0 .8
2 0 .7
2 0 .6
1 9 .6
1 9 .3

OF T H E
COMMISSIONER.


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C o m m e rc ia l
leg al re s e rv e .

R EPO R T

D a te o f r e p o r t.

X

STA TE

x ii

B AN KING

D EPA R TM EN T.

The above tables exhibit the fact that the highest reserves maintained
during the year were on January 31, since which time the reserves have
shown a gradual decrease, falling from 20.8 to 19.3 per cent. The com­
mercial legal reserve throughout the year has been well maintained,
notwithstanding the fact that it decreased from 26.1 to 23.7 per cent.
The commercial cash reserve has also been well maintained, the high
point being reached June 30, with a reserve of 9.7 per cent. The legal
reserve on savings deposits has fluctuated from 18.3 per cent March 29
to 17 per cent November 10, while the savings cash reserve for the year
shows a slight gain, the high point being on November 10, when a cash
reserve of 5.8 per cent was maintained. The low point occurred on
March 29, with a savings cash reserve of 5.16 per cent.
N E W B A N K S.

By reference to the following table it will be seen that in the year
1910 twenty-six state banks have been organized.
Title.

No.

Location.

Capital.

Commenced
business.

F ebruary 9.
F ebruary 17.
March 1.
March 2.
March 15.

443
444
445
446
447

The
The
The
The
The

People’s Savings Bank of Grand H av en ...
Baraga County State B a n k ..........................
American Savings Bank of L ansing ...........
State Bank of H esp eria......... ............ ..........
Garden S tate Savings B a n k .........................

Grand H a v e n . ..
B arag a.................
L ansing...............
H esp eria.............
G arden.................

$50,000
20,000
100,000
20,000
20,000

448
449
450
451
452

The
The
The
The
The

Berlin State B a n k .............
State Bank of F re e p o rt. .
F rankenm uth State Bank
K ent City State B a n k .. . .
B righton S tate B a n k ........

B erlin...................
F re e p o rt.............
F ra n k en m u th . . .
K ent C ity ...........
B rig h to n .............

20,000
20,000
50,000
20,000
20,000

April 16.
May 2.
May 2.
May 24.
June 1.

453
454
455
456
457

The
The
The
The
The

People’s State Bank of Munising
Bank of F o u n ta in ..........................
First State Bank of W hite Cloud
Porhpeii State B a n k ......................
B ritto n State Savings B a n k ........

M unising.............
F o u n ta in .............
W hite C loud. . . .
Pom peii...............
B r itto n ................

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

June 1.
June 8.
July 5.
August 1.
Septem ber 1.

458
459
460
461

The B ark R iver State B a n k .
The D earborn S tate Bank . .
Farm ington Exchange Bank
S tate Bank of F ra s e r...........

B ark R iv e r........
D earborn............
F arm ington........
F ra s e r..................

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

Septem ber 15
Septem ber 22
October 1. .
October 1.

462
463
464
465

The
The
The
The

Peoples State Savings Bank of E ast Jordan E ast J o r d a n . . . .
H. C. McLachlin & Co., State B a n k ........... P etersb u rg .........
First State Bank of P ow ers.......................... Pow ers.................
W oodward Avenue State Bank, HighHighland P a r k ..
The Peoples State Savings B a n k ........................ P ellsto n ...............
The Michigan Savings Bank of Vassar, Michigan V assar.................
The Arm ada State B a n k ....................................... A rm ad a...............

25,000
20,000
20,000

October 17.
O ctober 19.
October 20.

466
467
468

25,000
20,000
25,000
25,000
|I*PM

N ovem ber 1.
N ovem ber 7.
December 14.
December 31.

INCREASE AND DECREASE OF CAPITAL STOCK.

Complying with the provisions of Section 10 of the General Banking
Law tW following banks have amended their original articles of incor­
poration for the purpose of increasing the amount of their capital stock:


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Federal Reserve Bank of St. Louis

R E PO R T

No.

2
6
249
373
318
182
48
229
00
64

OF T H E

Name of Bank.

Belding Savings B a n k .........................
W ayne County Savings B a n k ...........
Grand H aven State B a n k ..................
F irst State Savings B a n k ...................
B. D ansard & Sons State B a n k ........
State Bank of Croswell.......................
Ann Arbor Savings B a n k ...................
Benzie County State Savings B ank..
Muskegon Savings B a n k .....................
W yandotte Savings B a n k ..................

COM MISSIONER.

Location.

B elding...........
D etro it............
Grand H a v e n .
O tsego.............
Monroe............
Croswell..........
Ann A rbor___
F ra n k fo rt. . . .
M uskegon. . . .
W y an d o tte. . .

Form er
capital.

xiii

Present
capital.

Increase.

825,000
400,000
30,000
25,000
50.000
22.000
50,000
20,000
50,000
50,000

$50,000
1,000,000
75,000
30,000
100,000
60 000
300,000
25,000
100,000
100,000

$25,000
600,000
45,000
5,000
50.000
38.000
250,000
5,000
50,000
50,000

$722,000

$1,840,000

$1,118,000

The foregoing table shows an increase in banking capital of $1,118,000.
To this should be added the $690,000 of new capital on account of
organization of new state banks, making the total increase for the year
$1,808,000. From this amount, however, should be deducted the loss of
banking capital growing out of the liquidation and consolidation of the
State Savings Bank of Rochester, which had a capital of $25,000. The
net increase in capital, therefore, is $1,783,000, nearly all of which has
been paid in.
O T H ER A M EN D M EN T S TO ARTICLES OF INCORPORATION.

On January 11 the State Bank of Reading amended its articles of in­
corporation to permit the transaction of a savings bank business.
The stockholders of the Benzie County State Savings Bank of Frank­
fort, Michigan, on June 14, 1910, voted to change the name of said bank
to “State Savings Bank, Frankfort, Mich.”
Under date of December 12, 1910, the stockholders of the State Bank
of Hesperia, voted to amend its articles of incorporation, permitting the
bank to conduct its business in the Village of Hesperia, County of
Newaygo, rather than in the County of Oceana. The village of Hesperia
is located on either side of the boundary line of the counties of Newaygo
and Oceana, and the bank having erected a new bank building on a site
opposite to the location named in the original articles of incorporation,
changed its location so far as the county was concerned, thus necessitat­
ing such amendment.
CONSOLIDATIONS AND LIQ U ID A TIO N S.

On November 24, 1909, the stockholders of the Kalamazoo Savings
Bank of Kalamazoo and of the City National Bank of the same place
voted to consolidate the affairs of the two institutions, the consolidation
taking effect January 1, 1910. At another meeting of the stockholders
of the Kalamazoo Savings Bank held on the fourth day of December,
1909, the original articles of incorporation were amended, changing the
name of the corporation to the “Kalamazoo City Savings Bank.”
In view of this consolidation, I caused an examination to be made of
the City National Bank of Kalamazoo on the twentieth day of December,
1909, and being satisfied with the character of its assets, and also with
the regularity of the proceedings had in connection with such consolida­
tion, I consented to the same under date of January 1, 1910.


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Federal Reserve Bank of St. Louis

X IV

STA TE

BANKING

D EPA R TM EN T.

At a meeting held February 4th of the stockholders of the Grand
Haven State Bank of Grand Haven, Michigan, it was voted to consolidate
the business of the National Bank of Grand Haven with that of the
Grand Haven State Bank, and on said date the latter bank amended its
original articles of incorporation, increasing its capital stock from
$30,000 to $75,000.
On February 10th, 1910, the stockholders of the National Bank of
Grand Haven voted to place said bank in voluntary liquidation, accord­
ing to the provisions of Sections 5220 and 5221 of the United States re­
vised statutes for the purpose of consolidating said bank with the said
Grand Haven State Bank.
Being satisfied with the assets of the National Bank of Grand Haven,
after an examination of the same by this Department, and in view of
the fact that all the proceedings had under the Michigan and Na­
tional Banking Acts were regular, I consented to such consolidation
which took place on the 19th day of February, 1910.
The stockholders of the Sanilac County State Bank of Croswell on
May 18,-1910, voted to consolidate its business ivith that of the State
Bank of Croswell. On said date the State Bank of Croswell by its stock­
holders agreed to such consolidation, and on the thirtieth day of June,
the provisions of the banking law having been fully met, consent was
given to such action.
On July 10, 1910, the stockholders of the State Savings Bank of
Rochester voted to consolidate its affairs with the F irst National Bank
of Rochester, and on the third day of August, 1910, all the provisions
of the banking law having been complied with, consent was given to such
action.
The Armada Savings Bank of Armada, at a meeting of its stockholders
held on the seventeenth day of December, 1910, voted to place the affairs
of the bank in liquidation, according to the provisions of Section 53
of the General Banking Law. The proceedings had by the stockholders
being regular in every particular and complying with the provisions of
the above named section of the banking law, I consented to such liquida­
tion, the same becoming effective December 31, 1910. However, a ma­
jority of the stockholders of said bank in the meantime organized “The
Armada State Bank,” and authority to commence business was granted
the latter December 31, 1910. In consenting to the above liquidation and
granting the aforesaid charter, I have insisted that the affairs of the
two corporations be kept entirely separate, and that the new bank open
a new and distinct set of books, thus avoiding a confusion of the as­
sets of either institution.
E X T E N S IO N OF CORPORATE E X IS T E N C E .

The West Michigan Savings Bank of Bangor made application under
the provisions of Act 143 of the Public Acts of 1899, to extend its corpor­
ate existence for a period of thirty years. Consent of the stockholders
of said bank and original Articles of Incorporation, authorizing such
extension, were filed December 16, 1910. I caused an examination of said
bank to be made December 21, 1910, as required by Section 3 of said act,
and being satisfied as to the bank’s condition, and that said bank had com­
plied with all the provisions of the law, a certificate was issued extend-


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Federal Reserve Bank of St. Louis

R E PO R T

OF T H E

COM MISSIONER.

xv

ing its corporate existence for a period of thirty years from and after
January 12th, 1911.
RESERVE C IT IE S .

As required by Sections 24 and 27 of the banking law I hereby desig­
nate for the year 1911 the following cities as reserve cities for Michigan
state banks and trust companies: Detroit, Grand Rapids, Bay City,
Saginaw, Kalamazoo, Jackson, Port Huron, Adrian, Benton Harbor,
Muskegon, Ann Arbor, Calumet, Houghton, Marquette, Lansing, Batcle
Creek, Alpena, New York, Boston, Philadelphia, Pittsburg, Baltimore,
Buffalo, Cleveland, Cincinnati, Toledo, St. Louis, Chicago, Milwaukee
and Minneapolis.
B A N K S CLOSED BY D EPA RTM EN T.

On June 4tli, 1910, the Department took possession of the Citizens
State Savings Bank of Plainwell. The condition of the bank was re­
vealed during the course of an examination by one of the Department’s
examiners and showed that the cashier had been using the bank’s funds
for the purpose of investing in Texas lands to an amount approximating
$38,000. Tins transaction took place shortly after the examination of the
bank by the Department on December 27th, 1909, and almost immedi­
ately after the last semi-annual examination of the bank by its direc­
tors, the latter having no knowledge of the matter until their attention
was called to the same by me as a result of an examination made
Thursday, June 2nd, 1910. At a directors’ meeting June 3rd, it was
unanimously decided to place the bank in my hands, pending further
investigation as to its condition.
The impairment of the bank’s capital by the above mentioned trans­
action of the cashier was made good by the stockholders, and the bank
again opened its doors for business Friday, July 1st, 1910.
GROW TH OF STATE B A N K S.

The twenty-second year of state bank supervision under the present
banking law ended December 31st, 1910. In January, 1889, the first year
of the Department’s existence, there were 80 state banks with aggregate
footings of $38,900,770.88. As hereinbefore stated the number of banks
has increased to 397 state banks and 5 trust companies with total foot­
ings of $303,996,116.29.
The increase in deposits since 1889 has been enormous, amounting to
$230,303,874.94. During this period loans show a gain of $214,917,874.25,
and there has been added to banking capital $18,343,385, and to surplus
$16,063,819.21.
In this connection I desire to call your attention to the following
table:
c


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Federal Reserve Bank of St. Louis

STA TE

XVI

BANKING

D EPA R TM EN T.

397 State banks,
5 tru st
companies,
Novem ber 10,
1910.

80 banks,
Jan. 7, 1889.

376 State banks,
5 tru st
companies.
Novem ber 16,
1909.

•Loans...........................................................
Real estate, furniture and fixtures . . . .
C ash..............................................................

830,815,697 13
534,411 76
7,550,661 99

$217,815,159 63
6,953,857 74
48,949,198 86

$245,733,571 38
7,156,893 02
51,105,651 89

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

838,900,770 88

$273,718,216 23

$303,996,116 29

Resources.

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

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

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

00
53
39
96

838,900,770 88

$22,161,133
16,743,116
234,422,777
391,189

00
30
92
01

$273,718,216 23

$23,862,810
17,882,654
261,587,999
662,652

00
74
33
22

$303,996,116 29

The report of November 10th, 1910, compared with the report of
November 16th, 1909, shows an increase in loans of $27,918,411.75, while
the total deposits show a gain of $27,165,211.41. This increase in de­
posits is apportioned as follows: Commercial Deposits (individual)
$8,338,995.57, Savings Deposits $17,781,758.17, and deposits of other
banks $944,467.67.
N U M B E R OF DEPOSITORS.
r ? f~ ' ~ f

1’

' i

i

'

■

’

'

On December 1st, 1910, a report as to number of depositors was re­
ceived from each of the 397 state banks and 102 national banks. These
reports show a total of 1,050,267 depositors, which are separated into the
following classes:
State Banks, individual deposits subject to check....................... 139,136
State Banks, commercial certificates of deposit.........................
47,871
State Banks, savings depositors.................................................... 514,493
State Banks, savings certificates of deposit................................... 104,652
National Banks, individual deposits subject to check................. 173,932
National Banks, certificates of deposit........................................
70,183
The above shows that the number of commercial depositors in state
banks have increased 15,364, while the gain in the number of savings
depositors is 45,853, constituting a total increase in number of depositors
in state banks for 1910 of 61,217. The reports of Michigan national
banks on said date show th at number of depositors have decreased
35,400. The net gain therefore in state and national banks amounts to
25,817 for 1910.
Below I give table showing the amount of commercial and savings
depositors in the 397 state banks and 102 national banks, the aggregate
amount of deposits and the per capita to each depositor:


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Federal Reserve Bank of St. Louis

R EPO R T

OF T H E

COM MISSIONER.

Amount of
deposits.

X V II

Average
to each
depositor.

Banks.

Class of
deposit.

N um ber of
depositors.

397 State B a n k s..........................j
102 N ational B a n k s........................

Commercial........
S avings...............
Commercial........

*187,007
*619,145
. *244,115

$83,651,111 88
169,072,348 91
103,479,596 56

$447 32
273 07
423 89

1,050,267

$356,203,057 35

$339 16

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

*This includes certificates of deposit; several certificates issued to one person counted as one.
EA RN IN G S AND DIVIDENDS OF STATE B A N K S.

While there is no uniform dividend period for state banks, the law
provides that each bank shall report to the Commissioner within ten
days after declaring any dividend, the amount of the same, the amount
carried to surplus, and any earnings in excess thereof. It is the custom
of the Department, however, to call for a report as to earnings and
dividends on June 30 and December 31 of each year. An abstract of
reports made December 31, 1909 and June 30, 1910, shows that gross
earnings amounted to $13,304,029.98, and that there was charged out
of this sum on account of losses, bad debts, premiums, etc., $625,024.84,
and on account of expenses and interest paid $9,192,289.17. The net
earnings, therefore, were $3,486,715.97, out of which dividends were paid
amounting to $2,009,518.31. The average capital for the period above
mentioned amounted to $22,861,777.50, with an average surplus fund of
$11,634,112.30, and average deposits of $245,952,155.77. The net earnings
were, therefore, equivalent to 1.46 per cent of deposits, 15.25 per cent
of capital, and 10.01 per cent of capital stock and surplus, while the aver­
age dividend on capital stock amounted to 8.7 per cent, and on capital
stock and surplus 5.8 per cent.
R E C E IV ER SH IPS.

The following reports of active receiverships are respectfully sub­
mitted :
The City Savings Bank, Detroit.
The Union Trust Company, Detroit, receiver, under date of Decem­
ber 1st, 1910, reports as follows:
Liability to depositors at date of suspension. .................... $3,378,121 20
Other liabilities .......................................................................
662,937 50
Total ........................................................................
$4,041,058 70
Total assets at date of, and received since suspension
521,834 96
Amount collected by receiver to date.................................... 2,708,506 85
Disposition of collections :
Loans paid and other disbursements... $109,613 88
Dividends paid ....................................... 2,219,137 02
Legal expenses .......................................
81,497 75
All other expenses...................................
95,042 70
Deceiver’s salary paid to d a t e ...............
100,000 00
Deposits and collections returned . . . .
57,885 11
Balance in hands of State Treasurer. .
40,250 25
Balance in hands of receiver.................
5,080 14
$2,708,506 85

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Federal Reserve Bank of St. Louis

xviii

STA TE

BAN KING

D EPA R TM EN T.

Since the failure of this bank February 10, 1902, dividends to the
amount of 68 per cent have been paid savings depositors, and 64 per cent
to commercial depositors. Pending litigation concerning certain certified
checks to the amount of $662,000 is delaying the winding up of this re­
ceivership.
The Chelsea Savings Bank, Chelsea.
William W. Wedemeyer, receiver, under date of December 1st, 1910,
reports as follows:
Liability to depositors at date of suspension..................... $1,028,852 84
Other liabilities ...................................................................
20,764 21
Total ................................................................................... $1,049,617 05
Total assets at date of, and received since suspension........ 1,419,391 41
Amount collected by receiver to d a t e ...................................
724,696 01
Disposition of collections:
Loans paid and other disbursem ents..........
Dividends paid ................................................
Legal expenses..................................................
All other expenses ..........................................
Receiver’s salary paid to d a t e .......................
Balance in hands of State T reasu rer............
Balance in hands of receiv er.....................

$15,254 81
613,329 96
13,922 26
19,025 71
10,000 00
29,862 82
23,300 45
----------------- $724,696 01
The above bank was closed December 2, 1907. Up to the date of this
report dividends to the amount of 44 per cent have been paid commer­
cial depositors, and 70 per cent to savings depositors. Further dividends
will no doubt be made, but owing to litigation concerning the affairs of
the bank the final report of the receiver is delayed, although it is ex­
pected the receivership will be closed before the time of making the next
report. I t is apparent, however, that the loss to depositors will not be
as large as was at first expected.
State Bank of Fenton, Fenton.
Clarence Tinker, receiver, under date of December 31st, 1910, reports
as follows:
Liability to depositors at date of suspension..................... $101,710 04
Other liabilities .......................................... ............................
1,134 45
Total ................................................ ...............................
Total assets at date of, and received since suspension..........
Amount collected by receiver to d a t e ....................................
Disposition of collections:
Loans paid and other disbursements..........
Dividends paid ............................................
Legal expenses ..............................................
All other expenses........................................
Receiver’s salary paid to date ...................
Balance in hands of receiver.......................


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Federal Reserve Bank of St. Louis

$16,960
42,293
1,619
5,401
6,000
500

$102,844 49
141,757 18
72,775 19

65
62
42
50
00
00
$72,775 19

R E PO R T

OF T H E

COM MISSIONER.

xix

This bank was closed June 14, 1897, and np to date dividends to the
amount of 40 per cent have been paid to creditors and depositors, the
last dividend of 2 per cent occurring in the year 1903.
Since the last mentioned date, the receivership has remained in an in­
active condition. I have made persistent efforts to have this receivership
closed during the year 1910, but having been unable to bring about the
desired result, I have referred the matter to the Attorney General for
Ills consideration and attention.
The Farmers and Merchants’ State Bank, Parma.
Seymour H. Godfrey, receiver, under date of December 1st, 1910, re­
ports as follows :
Liability to depositors at date of suspension....................... $86,207 99
Other liabilities .........................................................................
10,336 87
Total ................................................................................... $96,544 86
Total assets at date of, and received since suspension.......... $138,436 28
Amount collected by receiver to d a t e ...................................
83,136 03
4,736 18
Amount cash on -hand at date of suspension .......................
Total ...................................................................................
Disposition of collections :
Loans paid and other disbursements.............. $3,929 71
Dividends paid ................................................
59,985 84
49 56
Legal expenses ........<......................................
All other expenses ..........................................
1,337 94
Balance in hands of State T rea su rer............ 14,556 89
Balance in hands of receiver .........................
8,012 27
-----------------

$87,872 21

$87,872 21

As will be seen by previous reports, this bank was closed September
18, 1908, after an examination by the Department, which showed an
intermingling and confusion of the assets and liabilities of this bank with
those of a private bank in which the cashier was interested.
Up to the date of this report, dividends to the amount of 65 per cent
have been paid depositors. Dividends already declared to commercial
and savings depositors have been on a common basis. The m atter of hav­
ing the mortgage and bond investments applied solely to the credit of the
savings depositors is now before the court for determination. As soon as
the matter has been fully decided, another dividend will be paid.
On account of some long time mortgages, it is doubtful whether this re­
ceivership will be closed up during the coming year.


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Federal Reserve Bank of St. Louis

STA TE

XX

BAN KING

D EPA R TM EN T.

ABSTRACTS OP R E C E IV ER SH IPS.

For general information I give below a summarized abstract of the
reports of receivers of insolvent state banks:
13
Closed
receiverships.

4
Active
receiverships.

$3,693,553 99

$6,221,419 83

98,830 73

180,898 57

279,729 30

1,139,010 99
802,971 54
1,652,740 73

866,605 01
1,672,251 39
3,501,664 86

2,005,616 00
2,475,222 93
5,154,405 59

$3,693,553 99

$6,221,419 83

$9,914,973 82

Collected from above assets................................
Collected from assessm ents on stockholders. .

$1,652,740 73
181,798 08

$3,501,664 86
92,185 40

$5,154,405 59
273,983 48

Total collections.............. .............................

$1,834,538 81

$3,593,850 26

$5,428,389 07

Total assets tu rn ed over to receivers...............
Disposition of assets:
Offsets allowed and s e ttle d ............................
Losses on assets, com pounded or sold under
order of c o u rt.................................................
Rem aining assets...............................................
Collected from assets........................................

Disposition of collections:
Loans paid and other disbursem ents...........
Dividends p a id ...................................................
Legal expenses...................................................
Receiver’s salary and other expenses...........
Balance in hands of receiver or State
T reasu rer.........................................................

$444,034
1 ,1 8 3 ,4 4 3
50,412
151,686

37
86
57
74

/*$57,885
\ 145,759
2,934,746
97,088
236,807

11
05
44
99
85

Total.

$9,914,973 82

}

$647,678
4,118,190
147,501
388,494

53
30
56
59

4,961 27

121,562 82

126,524 09

T o ta l................................................................

$1,834,538 81

$3,593,850 26

$5,428,389 07

Capital stock at date of fa ilu re .........................
Amount of deposits at date of fa ilu re .............

$701,000 00
$1,862,477 78

$320,000 00
$4,503,419 20

$1,021,000 00
$6,365,896 98

*Deposits and Collections returned.

It will be seen from: the above table that the per cent collected on
total assets of closed receiverships was 47.3, while there was 49.7 per
cent of assets collected, including the amount received from assessments
on stockholders. 25.7 per cent of the total amount of capital stock was
collected by way of assessments on stockholders. The expenses incurred
by the several receivers amounted to 5.4 per cent of the total assets, and
equalled 11 per cent of the total amount collected. An average of 64
per cent has been paid to the depositors.
With reference to the active receiverships, the above tabulation ex­
hibits that there has been collected on total assets 56.2 per cent, and
56.7 per cent has been collected, figuring the amount received from
assessments on stockholders. There was collected on capital stock 28.7
per cent. The percentage of expenses to total assets amounted to 5.3,
and to amount collected 9.2 per cent. There was paid 65.2 per cent
to depositors.
Reference to the figures shown above in relation to all receiverships,
shows there has been collected 52 per cent on total assets, and 54.8 per
cent of total assets including amount received from stock assessments.


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Federal Reserve Bank of St. Louis

R E PO R T

OF T H E

COM MISSIONER.

xxi

20.8 per cent of the capital stock has been realized on as a result of
assessments on stockholders. The percentage of expenses to total assets
was 5.4 per cent, and to the amount collected 9.9 per cent. The de­
positors have been paid on an average dividends of 64.7 per cent.
R E C E IPT S AND D ISBU RSEM EN TS OF DEPA RTM EN T.

Complying with Section 40 of the General Banking Law the Depart­
ment has collected on account of fees for annual examinations of banks
$31,280.90. There has been turned over to the Secretary of State for
franchise fees, on account of new banks and increase of capital stock,
$904.00, making the total receipts of the Department for the year
$32,184.90.
I beg to call your attention to the latter part of the text of this re­
port, wherein will be found a list of the state banks and tru st companies,
the dates on which they were examined and the amount of the examintion fee collected in each instance.
I also desire to state that the examiners’ reports (from which theamount of examination fee is computed, as provided in Section 40)
have been carefully compared, checked and verified by the State Treasurer
with the amount of fees collected from each bank, and I respectfully call
your attention to his letter appended to this text.
The expenses of the Department for 1910 were as follows:
Salarj" of -H. M. Zimmennann, Commissioner...................... $2,500 00
2,000 00
Salary of W. Donovan, Deputy Commissioner......................
Salary of H. E. Johnson, E x am in er.......................................
1,700 00
Salary of Clias. E. Toms, E x am in er........................................
1,700 00
Salary of Ohas. H. Adams, E x am in er.....................................
1,700 00
Salary of A. E. Manning, Chief Clerk and Examiner ...........
1,700 00
Salary of Carl E. McAlvay, E x am in er....................................
1,700 00
Salary of Hira C. Moore, E x am in er.....................
1,700 00
Salary of John A. May, E x am in er...........................................
1,700 00
Salary of John D. Morton, Examiner ..................................
1,727 98
Salary of John C. Barron, E x am in er......................................
1,706 77
Salary of J. B. Showerman, Examiner (appointed Febru­
ary 1, 1910) ....................... ...........................................j ...........
1,421 40
Salary of R. A. Campbell, Examiner (appointed March 1,
1910) ........................
1,275 00
Salary of extra c le rk s .................................................................
2,642 50
Expense incurred in the examinationof banks .......................
8,866 30
Printing and binding .................................................................
2,185 06
Postage ..........................................................................................
350 00
Miscellaneous, viz.: Stationery, express,telephone, etc.............
768 48
Total .................................................................. ........................ $37,343 49
The net cost of bank supervision to the state for the year 1910, as
shown from the foregoing was $5,158.59, a decrease of $2,239.52 com­
pared with the year 1909. In other words, while it cost the state $10.16
per examination in 1909, in 1910 the cost was but $6.51.
As hereinbefore mentioned, there have been made 792 examinations
of banks during the year, which in number is 54 more than in 1909, not
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Federal Reserve Bank of St. Louis

STA TE

XX II

BANKING

D EPA R TM EN T.

withstanding the increase in bank assets to be checked and examined
amounts to approximately .$50,000,000. Stating it briefly, the ten ex­
aminers employed by the Department have covered the state twice dur­
ing the year, making 792 examinations and inspecting over $606,000,000 of bank assets at a cost to the people of the state of but $5,158.59.
SEC U R ITIES

C O M M ISSIO N .

This Commission was created for the purpose of passing on the valid­
ity of the securities mentioned in paragraphs (e), (f) and (g) of sec­
tion 27 of the General Banking Law, and consists of the Attorney Gen­
eral, State Treasurer and Commissioner of Banking. I t was organized
April 11th, 1906, by virtue of the provisions of Act 262 of the Public
Acts of 1905.
During the year this commission lias held four sessions, at which
the following bonds were approved as legal investments for savings
deposits of state banks:
Name of com pany.

Amount bond
issue.

Steam ship.

Stadacona Steam ship Co
Douglas Steam ship Co. .
Kinney Steam ship Co . . .
Postal Steam ship Co . . .
Virginia Steam ship Co. .

S tad aco n a...........
G. A. Tomlinson
J. S. Ashley. .
John J. Barium .
Isaac M. S c o tt. .

Tecumseh Steam ship C o .........
Shenango Steam ship Co..........
American Steam ship Co..........
N orthern Lakes Steam ship Co

Andrew S. U pson........
Shenango.......................
Theodore H. Wickwire
Clifford F. Moll............
O n tario ..........................

230.000
320.000
160.000

Ashtabula Steam ship C o.............
N orthern Lakes Steam ship Co. .
N orthern Lakes Steam ship C o . .
Wisconsin T ransportation C o . . .
U nited S tates T ransportation Co

N o rm an ia. . .
C ham plain...
St. Clair........
John P. Reiss
N orw ay.........

150.000
160.000
160,000
150.000
160.000

Raleigh Steam ship C o ...............
N orth American Steam ship Co
North American Steam ship Co
F ranklin Steam ship C o...........
American Steam ship Co..........

Charles L. H utchinson. . .
A. M. B e y ers......................
P eter R e iss..........................
E. H. U tle y ........................
H arry Y a te s.......................
Theodore H. Wickwire, Jr.

150.000
145.000
145.000
150.000
320.000

L IS T OF BONDS APPROVED BY SEC U R ITIE S

$150,000
140.000
150.000
140.000
150.000
120,000

}

C O M M ISSIO N .

For the information of state banks and others interested in knowing
what bonds have been approved by the Securities Commission as legal
investments for savings funds of state banks from the time of its or­
ganization up to and including December 31st, 1910, the following table
is submitted :


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Federal Reserve Bank of St. Louis

REPO RT

No.

1
2
3
4
5

OF T H E

COM MISSIONER.

D ate of
approval.

Name of c o m p an y ..

Aug.
9, 1906
Aug.
9, 1906
Sept. 12, 1906
Sept. 12, 1906
Sept. 12, 1906

Hawgood T ransit Co.......................
Commonwealth Steam ship Co. . . •
Toledo Steam ship C o......................
Globe Steam ship C o........................
T onaw anda T ransit Co...................

H arvey D. G o u ld e r..
Abraham S te a rn . . . .
Eugene Zimm erm ann
F rank C. B a ll.............
Charles W esto n .........

Name of steam er.

x x iii
Amount
bond issue.
$190,000
190.000
160.000
175.000
2 0 0 .0 0 0

140.000
190.000
205.000
280.000
145.000

6
7
8
9
11
12
13
14
15

Mar.
Mar.
Mar.
April
Aug.
Aug.
Oct.
Oct.
Oct.

26,
26,
26,
10,
21,
28,
8,
8,
8,

1907
1907
1907
1907
1907
1907
1907
1907
1907

Dearborn T ransit Co.........
Franklin Steam ship C o ...
M inerva Steam ship C o. . .
Chicago N avigation C o.. .
Mesaba Steam ship Co. . . .
Cuyahoga Steam ship Co. .
Midland Navigation Co . . .
Inter-O cean Steamship Co
L. C. Sm ith T ransit C o.. .

E. L. W allace.........
E. J. E arling..........
H enry A. Hawgood
Wm. E . Fitzgerald .
Jas. S. D u n h am . . .
D. O. M ills..............
Sheldon P a r k s . . . .
Midland P rince___
Sierra.......................
Chas. H u b b a rd .. . .

16
17
18
19
20

Oct.
Oct.
April
April
April

8,
8,
2,
2,
2,

1907
1907
1908
1908
1908

L. C. Sm ith T ransit Co.
Cornell Steam ship C o. .
S tandard Steam ship Co
Acme Steamship C o . . .
Jenkins Steam ship C o ..

Smith T hom pson. .
John M itchell........
H. P. D ope.............
Ward. Ames............
Charles O. Jenkins

21
22
23
24
25

June
Aug.
Jan.
Jan.
Jan.

24,
13,
13,
13,
13,

1908
1908
1909
1909
1909

Fowlerville Lighting Co
P ostal Steam ship Co. •.
Frem ont Steam ship Co.
D etroit Steam ship C o. .
American T ransit C o ...

Thomas B arium . .
B. F. B e rry .. . . . . .
Chas. W. K otcher
John D unn, J r . . .

26
27
28
29
30

Jan.
Jan.
Jan.
Jan.
Jan.

13,
13,
13,
13,
13,

1909
1909
1909
1909
1909

Neptune Steamship C o...............
Atlas Steam ship Co.....................
W ilkinson T ransportation C o...
Holmes Steam ship Co.................
F rontier Steam ship C o...............

A rthur H. H aw good.............
Wm. A. H aw good.................
J. F. D u rsto n ..........................
A. E . N e ttle to n ......................
Salt Lake C ity ........................
Josiah G. M unro..............

31

Jan.

13, 1909

W estern T ransit Co..................... |

32
33

Jan.
Jan.

13, 1909
13, 1909

York T ransit Co...............................
Shenango Steam ship C o .................

Wm. M. M ills..........................
Legrand D. D eG raff.............
William B. K e rr.....................
John J. B oland.......................
W ilp en ......................................

34
35
36
37
38
39

Jan.
Jan.
Jan.
Jan.
Mar.
Mar.

13,
13,
13,
13,
18,
18,

1909
1909
1909
1909
1909
1909

W ainwright Steam ship C o .............
Alva Steam ship C o..........................
Croxton Steam ship C o ....................
Em pire Steamship Co.....................
Valley Steam ship Co.......................
H anna T ransit C o............................

W ainw right.............................
M. A. B ra d le y ........................
C aldera.....................................
Wm. H. T ruesdale.................
Alexis W. Thom pson.......... .
Howard M. H anna, J r .........

135.000
155.000
170.000

40
41
42
43
44
45
46
47
48
49

Mar. 18, 1909
Mar. 18, 1909
Mar. 18, 1909
May 27, 1909
May 27, 1909
May 27, 1909
2, 1910
June
June
2, 1910
June
2, 1910
2, 1910
June

T riton Steam ship Co.......................
Hawgood Steam ship C o.................
F arrar T ransportation Co..............
Pennsylvania Steamship Co..........
American Steam ship C o.................
F rontier Steam ship C o...............
Stadacona Steam ship C o ...............
Douglas Steamship C o....................
K inney Steamship Co.....................
P ostal Steamship C o.......................

Rufus P. R an n ey ...................
W. R. W oodford....................
Colli n g w o o d ............................
Jacob T. K o p p .......................
Adam E. Cornelius................
Jam es Corrigan.......................
Daniel B. Meachem...............
S tad aco n a................................
G. A. T om linson....................
J. S. A shley............................
John J. B a riu m ......................

140.000
215.000
135.000
165.000
150.000
420.000
150.000
140.000
150.000
140.000

50
51
52
53
54

June
2,
June
2,
June
2,
June
2,
Nov. 30,

1910
1910
1910
1910
1910

Virginia Steamship C o ....................
Tecumseh Steamship Co.................
Shenango Steamship C o .................
American Steamship C o. ...............
N orthern Lakes Steamship Co----

Isaac M. S c o tt........................
Andrew S. U pson...................
Shenango..................................
f Theodore H. W ickw ire.. ..
1 Clifford F. M oll. . . .............
O n tario .....................................

230.000
320.000
160.000

55
56
57
58
59

Nov.
Nov.
Nov.
Nov.
Nov.

30,
30,
30,
30,
30,

1910
1910
1910
1910
1910

A shtabula Steamship C o ................
N orthern Lakes Steam ship Co---N orthern Lakes Steam ship Co---Wisconsin T ransportation Co........
U nited States T ransportation Co..

N orm an ia. . .
C ham plain...
St. Clair........
John P. Reiss
N o rw ay .........

150.000
160.000
160,000
150.000
160.000

60
61
62
63
64

Nov.
Nov.
Nov.
Nov.
Nov.

30,
30,
30,
30,
30,

1910
1910
1910
1910
1910

Raleigh Steam ship Co.....................
N orth American Steamship Co. ..
N orth American Steam ship C o. ..
F ranklin Steam ship Co...................
American Steam ship C o.............{

Charles L. H u tch in so n .........
A. M. B e y ers..........................
P eter R e iss..............................
E. H. U tle y ............................
Theodore H. Wickwire, J r ..
H arry Y a te s............................

150.000
145.000
145.000
150.000
320.000


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Federal Reserve Bank of St. Louis

j

2 0 0 .0 0 0

130.000
130.000
125.000

125.000
130.000
2 0 0 .0 0 0
2 0 0 ,0 0 0

150,000

14,000
150.000
160,000140.000
190.000
215.000
200.000

225.000
2 0 0 .0 0 0
2 1 0 ,0 0 0

650.000
165.000
210.000

100.000

157.000
150.000

150.000
120.000

X X IV

STA TE

B AN KING

D EPA R TM EN T.

COLLATERAL DEPO SIT C O M PA N IES.

There have been organized during the year three companies known
as Safety and Collateral Deposit companies, under the provisions of
Act 240 of the Public Acts of 1907. These companies have filed with
the State Treasurer the necessary bond required by law.
The companies organized are as follows:
Detroit Safety & Collateral Deposit Co., Detroit, capital $100,000.
Security Safety & Collateral Deposit Co., Detroit, capital $100,000.
Union Safety & Collateral Deposit Co., Detroit, capital $100,000.
A M EN D M EN T S TO B A N K IN G LAW .

With one or two exceptions every recommendation contained in the
annual reports of the Department during my tenure of office have been
enacted into law by the Legislature. A majority of these recommenda­
tions were concurred in by the Michigan Bankers Association, which
association through its executive committee actively assisted in the pas­
sage of the amendments. Aside from repealing many sections of the
law which had become obsolete, the following is a brief reference to such
amendments:
Requiring an examination of each state bank once every six months
by the directors, or a committee from among their number; the report
of such examination to be spread upon the directors records and for­
warded to the Banking Department.
Requiring the directors to meet monthly.
Examination and authorization of loans and investments made by
officers since preceding meeting and requiring a complete record of such
meetings entered upon bank record book and signed by president and
secretary.
Increasing Commissioner’s and Deputy’s salary from $2,000 and $2,500
to $2,500 and $3,500, respectively; placing examiners on a graduated
scale, with a minimum and maximum salary of $1,700 and $2,000, re­
spectively.
Providing for the rehabilitation of an insolvent bank by its stock­
holders and its restoration to them by the receiver.
Providing for the appointment of the Commissioner of Banking,
Deputy Commissioner, a State Bank Examiner, or some other suitable
person, as receiver of insolvent institutions, having for its purpose the
prevention of protracted and long drawn out receiverships of state
banks. This amendment provides that when anyone connected with the
State Banking Department is appointed receiver, the salary shall not be
in excess of that paid him by the State while in the Department. The
benefits accruing from this amendment will be obvious to those already
familiar with the history of receiverships.
Prescribing a penalty for not separating commercial and savings in­
vestments and reserves in banks combining both classes of business. In
this connection I desire to say that Michigan is one of the few states
requiring an absolute segregation of deposits. While the Michigan law
always required adequate investments of savings funds in specified bonds
or real estate mortgages, it was not until 1909 that the law was amended
making mandatory the absolute separation of investments of savings
deposits. This system has been objected to for various reasons. One of

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the principal objections advanced was that there would be insufficient
available funds with which to carry on the business machinery of the
locality, providing the larger part of the savings deposits were required to
be invested in bonds, mortgages and other suitable securities. So far at
least as Michigan is concerned, this objection is not well founded, and
in this connection I desire to submit the following figures:

D a te o f r e p o r t.

T o ta l s a v in g s
in v e s tm e n ts .

S a v in g s
d e p o s its .

J a n u a r y 3 1 . . . . $ 1 5 4 ,9 5 6 ,5 8 6
M a rc h 2 9 ........... 1 5 9 ,9 9 4 ,2 6 6
J u n e 3 0 ..............
1 6 4 ,8 6 4 ,8 6 4
S e p te m b e r 1 . . . 1 6 7 ,1 0 7 ,7 2 1
N o v e m b e r 1 0 . . 1 6 9 ,0 7 2 ,3 4 8

31
42
33
40
91

$ 1 5 8 ,0 5 6 ,6 3 7
1 6 3 ,1 8 6 ,6 8 4
1 6 7 ,6 2 5 ,1 9 6
1 6 9 ,4 5 6 ,6 0 0
1 7 2 ,4 2 5 ,5 8 4

84
00
31
99
79

M o rtg a g e
an d bond
in v e s tm e n ts ,
r e q u ir e d .

$ 7 6 ,3 5 8 ,5 0 2
7 8 ,3 7 8 ,8 8 4
8 1 ,4 1 3 ,6 6 5
8 3 ,1 2 2 ,4 1 6
8 4 ,1 8 0 ,2 1 5

27
76
65
63
32

T o ta l
m o rtg a g e
and bond
in v e s tm e n ts .

$ 9 7 ,6 5 2 ,3 1 9
9 9 ,4 4 4 ,3 2 6
1 0 2 ,8 1 0 ,0 7 9
1 0 4 ,2 9 2 ,7 9 3
1 0 6 ,0 8 6 ,2 4 4

28
42
19
38
64

A m ount
s a v in g s d e p o s its
p e r m i tt e d to
b e i n v e s te d in
c o m m e rc ia l
p a p e r.

A m ount
s a v in g s d e p o s its
a c tu a l ly
in v e s te d in
c o m m e rc ia l
p a p e r.

$ 5 5 ,3 5 4 ,5 9 6
5 7 ,6 1 6 ,2 4 1
5 8 ,7 2 1 ,4 6 9
5 8 ,9 1 7 ,6 4 6
5 9 ,5 3 0 ,2 8 1

$ 3 2 ,7 1 1 ,9 0 2
3 4 ,3 7 9 ,5 6 5
3 5 ,7 3 9 ,6 9 5
3 7 ,5 9 3 ,4 4 8
3 7 ,5 6 7 ,3 5 0

09
70
03
56
25

72
87
57
26
12

It will be seen by the above figures that the business or commercial
demands of the state have not been hampered or put to a disadvantage
on account of the operation of this law. The condition as exhibited by
the report of January 31 showed that the mortgage and bond invest­
ments exceeded the requirements $21,293,817.01. This report also shows
that if it were necessary the banks of the state could have loaned of the
savings deposits, for trade purposes, $55,354,596.09. That the needs of
the commercial world were not encroached upon is evident from the
fact that but $32,711,902.72 of savings deposits were used for commer­
cial purposes.
I t will be observed from the remaining reports for 1910 that this
condition still exists so far as the loaning of savings deposits are con­
cerned, in what may be termed commercial investments.
In making the segregation it has simply resolved itself into the form­
ality of setting aside a sufficient amount of the mortgage, bond and
collateral loan investments to equal, with the reserve required, the
amount of the savings deposits. In no locality can it be successfully
asserted that the procedure has in any way upset business conditions.
Particular stress has been laid on tlie argument that savings deposi­
tors under this plan are made preferred creditors in case of a bank’s
insolvency. Inasmuch as savings banks may in their discretion require
depositors to give notice of withdrawal of deposits, it is obvious that
the assets purchased with their funds should be set aside solely to meet
their demands, for it is clear otherwise they might be forced to await
the depletion of the banks’ most desirable assets on account of the de­
mands of commercial depositors. An occurrence of this kind happened
in the state of Texas, with which every commissioner of banking is
familiar, and which was the direct cause of the passage of a law requir­
ing the segregation of savings deposits from commercial deposits. The
defenceless position of the savings depositors, so apparent, seems to
make imperative the necessity of such a law in those states at least where
banks are permitted to transact both a commercial and savings busi­
ness. Common honesty demands such protection to those whose claims
for repayment may be deferred by the bank. Depositors under such a


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law surely cannot be classed as “preferred creditors/’ inasmuch as the
assets acquired by the commercial department of the bank, together
with its capital and surplus, may be applied in satisfaction of demand
claims.
The segregation plan simply prevents preference to commercial de­
positors rather than making a preferred creditor of the savings deposi­
tor, and requires that each class stand on its own assets and without
preference to either.
The ruling of the Department has been that the savings investments,
together with the savings reserve, must equal the amount of the sav­
ings deposits, and in this regard I would again call your attention to
the above table which shows that the banks have more than complied
with the requirement.

RECOMMENDATIONS AS TO LEGISLATION.
R E SID E N T DIRECTORS.

As mentioned in previous annual reports, another requirement of
the law would seem to be advisable, i. e., making it necessary that a
majority or quorum of the board of directors reside in the city, village or
township where the bank is located. Where the majority of the directors
are non-residents, infrequent and irregular meetings are the- result, and,
in consequence the directors are not as fully informed of the bank’s
affairs as would otherwise be the case.
The banking department can only exercise its functions in the de­
tection of violations of the law, so far as that is possible, and require
compliance with it. The duty of the board of directors is to see that
no violations of the law occur and to safely and honestly transact the
bank’s affairs. The history of bank failures in Michigan shows that in
almost every instance the inactivity of the directors was the rule rather
than the exception.
TRU ST C O M PA N IES.

I also desire to refer to former recommendations with reference to
trust companies of Michigan. The present law authorizing and regulat­
ing the business of trust companies should be entirely repealed and
another law passed, more specifically prescribing their rights, powers
and limitations. As at present it is difficult to know what business
such a company may not do, and what investments it may not make.
Trust companies receiving money bn deposit should be required to
carry the same reserve that savings banks now do, and the same au­
thority should be given the Commissioner of the Banking Department
as to their supervision which he now has over banks.
UN SA FE PROM OTIONS OF STATE

BAN KS.

The prosperous conditions of the past few years have made the en­
listment of capital for new enterprises a comparatively easy matter.


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Money has been plentiful among all classes, and the ease with which
meritorious business transactions and organizations were financed has
drawn the attention of professional promoters, and their operations
have not by any means been confined to any one line of business or
commercial activity. The extent to which the insurance business has
been exploited is an example. In other states the matter of bank pro­
motions by persons looking for commissions only has called forth com­
ment from many conservative and experienced bankers. Michigan has
not entirely escaped.
The methods of the promoters cannot be too severely criticised, for
experience shows that after banks have been thus organized and the
promoters paid their commissions they are left to struggle along, re­
garded as unstable and hampered in their development and future, the
promoters being little concerned with ultimate results.
I mention this only for the purpose of calling attention to the in­
adequacy of the present banking law when confronted with a condition
of this kind. The National Bank Act provides a time limit between
filing of Articles of Incorporation and completion of organization, and
also gives the Comptroller of the Currency discretionary power in grant
ing a charter to a national bank, and a perusal of his report for 1910
will show quite a number of refusals in this regard. The Michigan law
contains no such provision, nor does it give the Commissioner of Bank­
ing any d iscretio n an y five or more persons can execute articles of in­
corporation for a state bank, and file the same, pay the franchise fee
and become a corporation, any state department to the contrary not
withstanding. In one or two states boards or commissions have been
established, with power to act. Other states give discretionary power
to other state officials. I am apprehensive that this condition will have
to be met in the near future in Michigan.
BRANCH

AGENCIES.

The law should be amended so that a bank of low capitalization, when
the village in which it may be authorized to do business becomes a part
of another municipality in which a greater capital for banks is neces­
sary, may be required to increase its capital to the amount provided by
law for the city of which the village may become a part. Surely, banks
brought into a larger municipality by the annexation of territory, should
not be allowed to establish branch agencies in the same manner as banks
having the required amount of capital for the larger municipality.
Otherwise the provisions of Section One of the banking law are defeated,
and banks of the minimum capital of $20,000 may be permitted to do
business where a capital of $250,000 is intended to be required.
NO O TH ER A M EN D M EN T S.

I would earnestly recommend that the banking laws of the state, ex­
cepting as noted, be not materially amended. So many important changes
were made at the last session of the legislature and the banks have so
recently brought their business in compliance with the law, it would
seem for that reason alone it should not be changed in any important par­
ticular. The banking law, as it now stands, is very satisfactory and
affords ample authority for proper supervision.


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BANKING

D EPA R TM EN T.

IN GENERAL.

Upon assuming the duties of this office I became immediately im­
pressed with the importance of the work performed by the employes
of the Department. I recognized that it required men of experience and
special training and that their value to the Department increased with
each year of service.
The Department during my incumbency has lost five examiners whose
services to the state had been invaluable. With one exception these
men accepted positions at salaries much in advance of that paid by
the state. I t is to be hoped that the increase in examiners’ salaries
will result in the retention of experienced men in the future.
Though contrary to the evident general impression it may truthfully
be said that political considerations have in no case been entertained in
the selection of examiners. They were in every case selected because
of their ability and particular fitness for the performance of the duties
that have been assigned them, and none have been permitted to spend
their time in the interest of the political success of any candidate for
office.
If state bank supervision in Michigan is to be further developed and
improved the banking department must not be subjected to the political
expediency of any one, but on the contrary its efficiency and stability
should be encouraged wherever possible.
I t is with much pleasure and gratification that I call attention to
the hearty co-operation afforded me by the bankers of the state in all
that pertained to the better safeguarding of deposits and a more effec­
tive supervision.
In conclusion I wish to express my sincere appreciation of the faith­
ful and efficient service of the Deputy Commissioner, examiners, chief
clerk and others in the service of the Department; for their fidelity to
the public service they must be commended and should be continued in
the important work they have in hand.
The foregoing is respectfully submitted,


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Federal Reserve Bank of St. Louis

Commissioner of the Banking Department.


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Federal Reserve Bank of St. Louis


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OPINIONS OF THE ATTORNEY GENERAL.
EXCESSIVE LOANS.

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 Bank­
ing Law in this regard as submitted to this department by the Attorney
General in the year, 1903:
Lansing, Mich., May 23, 1903.
Ron. George W. Moore, Commissioner of Banking, Lansing, Michigan:
Dear Sir—I am in receipt of your communication of the 19th inst. re­
ferring 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 per­
son, or company, or corporation, or firm, by a two-thirds vote of its
board of directors?
Second, How 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 per­
sonal 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 BankingLaw of this State, which provides in part as follows: “The total liabili­
ties to any bank of any person or of any company, corporation or firm
for moneys advanced, including in the liabilities of the company or firm
the liability of the several members thereof, except special partners, shall
at no time exceed one-tenth part of the amount of the capital and sur­
plus 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 liabilities of any bank of any per­
son, or company, or corporation, or firm may be increased to a sum not
exceeding one-fifth of the capital and surplus of the bank.”
I t is evident that this limitation "syas borrowed from the National
Banking 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, in­
cluding in the liabilities of the company or firm, the liabilities of the
several members thereof, shall at no time exceed one-tenth part of the
c

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J

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 commercial or business paper
actually owned by the person negotiating the same, shall not be con­
sidered as money borrowed.”
This provision, as found in our General Banking Law and also in the
National 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 v. Second
National Bank of Titusville, 77 Pa. St., 102, referring to this provision
in its application to National banks, makes use of the following lan­
guage: “Evidently the limitation of the indebtedness to the one-tenth
in the 29th section, 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 interest and those of stockholders and creditors,
not a rule to regulate its customers. I t was, as remarked in Fowler v.
Scully, a regulation to prevent these associations from splitting on the
rock which has ruined so many banks, to-wit, that of leading too much
of their capital to one person or firm. The intention being to protect
the association and its stockholders and creditors from unwise banking,
we cannot suppose it was meant to injure them by forbidding recovery
of the injudicious loans.”
In Vol. 29 of the Amer. & Eng. Ency. of Laws, 2nd ed. p. 382, we find
the following with respect to the limitation found in the National Bank­
ing 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 business 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 provi­
sion 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 prevent 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 con­
stantly in mind the purpose of the limitation, and not to construe the
provision relating to the exceptions therefrom in such a way as to de­
stroy the force and effect of the limitation itself. The exceptions to
which I refer relate to 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,
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 with­
in the provisions of the statute in this particular. Black on Interpreta­
tion of Laws, 275.
I find that the questions which you submit for my consideration are
quite fully considered in P ra tt’s Digest, pages 93-94-95, in their applica­
tion to national banks, but I am unable to concur in some of the con­
clusions reached which do not seem to be based upon judicial decisions,
and which, in my opinion, tend to defeat the very purpose of the limita­
tion. I t is an elementary proposition recognized by the courts with re-


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Federal Reserve Bank of St. Louis

L

^

R EPO R T

OfV T H E , CL M M ISSIONER.

^
1
~ \
thatl von cannot ^
do insped: to statutory or cons.mirtional
—
directly that which you fare* prohibited |fior| doing directly. In their
application to cominercia wpaper, the 4eftisp>uoans” and “discounts” are
synonymous. Amer. & Eng. Ency.\pf’Lipÿ, Arol. 21, 2nd ed. 381. The
question who is borrower is i\ot
be determined from the posi­
tion of the parties as they d p p ea^m the paper. The borrower may
be the maker or the endorser. P fa tt’s Digest, 94. Our statute provides
that in the discount of commercial or business paper actually owned
by the person negotiating the same, it shall not be considered as money
borrowed. The application of this provision, in my opinion, relates ex-'
clusively to the person negotiating the paper. The statute contemplates
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 per­
mitted, it would indirectly defeat the very purpose for which this limita­
tion 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 absence 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 Banking 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 constructed 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 twothirds 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, excepting, of course, loans on real
estate or other collateral securities authorized by the General Banking
Law.
In answer to your second question, I would sav that the same rule
would apply to any one line of commercial paper that would apply to
any one person, company, firm or corporation.
In answer to your third question I would say that, in my opinion, it
is immaterial whether such loan is secured by the bond or personal
endorsement of the officers or directors of the firm, company or cor­
poration, 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. Encv. 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 lading in each case. I t is
sufficient if they are drawn against property previously consigned and
existing either in its original form or in the shape of proceeds of sales
in the hands of the consignees.” This rule, of course, applies to the


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federal statute. The State and federal statute being identical in this
particular, unquestionably the same rule would apply to a bank organ­
ized under the General Banking Law of this. State.
Respectfully yours,
C h a s . A. B l a i r ,
A t torney Genera l.
The following opinions have been rendered during the year 1907,
1908 and 1909 by the Attorney General’s department on questions con­
cerning the construction of the Banking Law :
CORPORATION STOCKS AS TRUST COM PANY IN V EST M E N TS.

Lansing, Michigan, March 21, 1907.
Hon. Henry M. Zimmermann, Banking Commissioner, Lansing, Mich.,:
Dear Sir—This department has given careful consideration of your
inquiry of the 13tli inst., as to whether trust companies organized under
Act No. 108 of the Public Acts of 1889 have the right to invest in the
stocks of Savings Banks; and particularly to the question as to whether
section 11 of this act (Compiled Laws of 1897, Section 6166) permits
such investment.
It is the opinion of this department that there is no general right
under the laws of this State on the part of trust companies to invest
in the stock of other corporations; and, further that the clause in sec­
tion 11 of the above act, which authorizes, the directors to invest in
“such real or personal securities as they may deem proper” does not
authorize investment in the stock of private corporations.
Respectfully vours,
J n o . E. B i r d ,
Attorney General.

A U T H O R ITY

TO

SUBSCRIBE

ARTICLES OF INCORPORATION
REQUIRED.

AS

“ T RU STEE”

Lansing, Michigan, August 7, 1907.
Hon. Henry M. Zimmermann, Commissioner State Banking Department,
“Capitol,” Lansing:
Dear Sir—I t appears that steps are being taken to organize a bank
under the General Banking Law of this State, with a capital stock of
,8100,000. From the articles of association which have been prepared, it
appears that, approximately, sixty per cent, of such capital stock hasbeen subscribed for by certain persons designated as “trustees” ; that
such articles do not disclose the names or residences of the cestui que
trust in any instance, or the authority of the person subscribing as
trustee to act in that capacity.
In this connection, you ask my opinion as to whether or not it would


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be proper for you to issue tlie certificate of authority provided for by
section 7 of the General Banking Law.
In reply thereto would say that section 2 of the Banking Law re­
quires the persons associating in the organization of a bank to execute
articles of incorporation, which shall specify, among other things, “the
names and places of residence of the stockholders and the number of
shares held by each of them.” The latter part of section 4 provides as
follows: “No bank shall transact any business except such as is in­
cidental and necessarily preliminary to its organization until it has
been authorized by the Commissioner of the banking department to
commence the business of banking.” The articles of incorporation are
required to be executed in triplicate, one to be recorded in the office
of the county clerk of the county in which the bank is located; one
filed in the office of the Commissioner of the banking department; and
one filed in the office of the Secretary of State. When such articles of
incorporation are properly executed and filed and recorded, as required
by law, and the Commissioner of the banking department is notified
that at least fifty per cent, of its capital has been paid in, and that
such bank has complied with all the provisions of the general banking
law; before the bank shall be authorized to commence business, the
Commissioner is required to examine into the condition of such bank,
and if it is found that such organization is in accordance Avith the
statute and that the various provisions of the law have been complied
with, a certificate of authority to engage in the business of banking is
issued by such Commissioner. When the statute is not complied with
in any essential particular, it is clearly my opinion that such certificate
of authority should be withheld. I t seems to me that articles of in­
corporation which do not fully disclose the name and residence of the
cestui que trust, where the stock is subscribed for by a trustee, and
which also fails to disclose the authority to subscribe for such stock
in that capacity, do not conform to the requirements of the general
banking law, and, under such conditions as you have outlined, it would
be your duty to refuse to issue the certificate of authority provided for
by law.
I do not deem it essential to point out the numerous complications
that might arise if stock in a banking corporation should be subscribed
for in the manner indicated. It is sufficient to say that it does not
conform to the requirements of the General Banking Law.
Respectfully yours.
J n o . E . B ir d ,

'

Attorney General.

CERTIFICA TES OF INDEBTEDNESS AS LEGAL IN V EST M E N TS.

Lansing, Michigan, October 23, 1907.
Hon. H. M. Zimmermann, Commissioner of the Banking Department,
“Capitol,” Lansing, Michigan :
My Dear Sir—I am in receipt of your communication of the 16th
inst. in which you ask whether or not certificates of indebtedness is-


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sued in payment for voting machines under the provisions of section 13
of Act 217 of the Public Acts of 1905 are proper investments for sav­
ings Banks under subdivision (b), section 27 of the General Banking
Law, which provides that a certain portion of the savings deposits of
such banks shall be invested as follows:
“ (b). In the public debt or bonds of any city, county, township, vil­
lage or school district of any state or territory in the United States,
which shall have been authorized by the legislature of such state or
territory: Provided, the total indebtedness of such municipality does
not exceed five per cent, of its assessed valuation, except by a vote of
two-thirds of the board of directors, such bonds may be purchased if
the total liabilities do not exceed ten per cent, of its assessed valuation.”
You also state that it has always been the ruling of the banking
department that the term “public debt” and “bonds” were synonymous
and that an issue of bonds, in order to be a proper investment for sav­
ings banks under this subdivision, must previously have received the ap­
proval of the voters of the municipality issuing the bonds.
For answer to your inquiry I would say it is my opinion that the
ruling of your department places too narrow a construction upon the
statute. The terms “public debt” and “bonds” are not synonymous.
The term “public debt” includes not only a bonded debt, but also other
form of public indebtedness.
State v. Hickman, 11 Mont. 541, and cases cited.
The statute under which certificates of indebtedness are issued in pay­
ment for voting machines reads as follows:
“The local authorities, on the adoption and purchase of a voting ma­
chine, may provide for the payment therefor in such manner as they
may deem for the best interest of the locality and may for that purpose
issue bonds, certificates of indebtedness or other obligations, which shall
be a charge on the city, town or village. Such bonds, certificates or
other obligations may be issued with or without interest, payable at such
time or times as the authorities may determine, but shall not be issued
or sold at less than par.”
The legislature has the undoubted right to authorize debts of this
character to be incurred without the vote of the electors of the muni­
cipality.
Callan v. The City of Saginaw, 50 Mich. 7.
I am of the opinion that the certificates of indebtedness issued under
authority of this section come within the term “public debt” as used
in subdivision (b), section 27 of the General Banking Law, and that,
consequently, savings banks may lawfully invest their funds in such cer­
tificates of indebtedness.
Respectfully yours,


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J n o . E . B ir d ,

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STRICTLY COM M ERCIAL BA N K S M U ST AM END ARTICLES TO TRANSACT SAVINGS
BU SIN E SS.

Lansing, Michigan, October 28, 1907.
lion. H. M. Zimmermann, Commissioner of the Banking Department,
Lansing, Mich.:
Dear Sir—I am in receipt of your communication of the 16th inst.
requesting an opinion upon the question of whether or not a bank
organized as a purely commercial bank under the General Banking Law
of the State is authorized to advertise for savings deposits and do a
general bank business under the exception contained in section 24 of
that law, which provides :
“Commercial banks may allow interest on accounts or certificates
of deposit, but all deposits in such banks shall be payable on demand
without notice, except when the contract of deposit otherwise provides.”
For answer thereto, I would say that the General Banking Law in
section 1 provides that any number of persons, not less than five, “may
associate to establish offices of discount and deposit, to be known as
commercial banks, and also to establish offices of loan and deposit to be
known as savings banks, or to establish banks having departments for
both classes of business,” etc.
Under section 2 of the General Banking Law, the articles of in­
corporation are required to specify the nature of the business to be
carried on, whether that of a commercial bank, savings bank, or both.
Sections 23, 24 and 25 of the same law contain certain provisions re­
ferring to “any bank which, by its articles of incorporation, shall
designate its business as that of a commercial bank;” and section 26
and succeeding sections of the same law contain provisions governing
“any bank which by its articles of incorporation shall designate its busi­
ness as that of a savings bank ;” and section 29 contains provisions gov­
erning “any bank combining the business of a commercial bank and a
savings bank” and provides that “all receipts, investments and trans­
actions relating to each of said classes of business shall be governed by
the provisions and restrictions herein specifically provided for the re­
spective kinds of banks.”
Reading all these provisions of the General Banking Law together, it
is clear that it was not intended to permit a bank organized as a
strictly commercial bank to engage in the business of a savings bank,
and that the exception contained in section 24, to which reference has
been made, was not intended to have that effect. Before a commercial
bank, organized as such, can conduct a savings bank business, it must
amend its articles of incorporation so as to provide for conducting both
classes of business.
Respectfully yours,
J n o . E. B ir d ,
Attorney General.


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B A N K S CANNOT EX TEN D T H E IR CREDIT TO AN INDIV IDUAL OR B A N K .
I

June 10, 1908.
Hon. H. M. Zimmermann, Commissioner, Banking Department, “Capi­
tol,” LansiDg:
Dear Sir—I have your communication of June fifth, enclosing certain
correspondence with th e................. bank.
I t appears from your communication that this bank, by an arrange­
ment with certain private banks, permits the latter to issue drafts
payable out of the funds of the former bank on deposit with its cor­
respondent banks at New York and Chicago. You state that you have
taken the position that such practice is illegal, and request an opinion
as to the propriety of this holding.
Replying thereto would say, any attempt upon the part of any bank
to permit anyone or any institution to issue drafts payable out of its
deposit with correspondent banks is an attempt to perform an act
and permit an arrangement not authorized by law. The bank pos­
sesses no authority to extend its credit to any individual or bank in
the manner set forth in your communication. Such a practice may
operate to the detriment of depositors and may impair the faith and
credit of the bank. The practice in question is without authority of
law. You possess general power under the statute to prohibit such
practice, and it is the duty of the officials of the bank to cancel this ar­
rangement.
Respectfully yours,
J no . E . B ird,

Attorney General.

S IM IL A R IT Y OF TRUST COM PANY T IT LE S.

June 30, 1908.
Hon. Henry M. Zimmermann, Commissioner of Banking, Lansing, Michi­
gan:
Dear Sir—I am in receipt of yours of the 19th instant in which you
state that a certain corporation organized under Act 232, Public Acts
of 1903, as the “ .............................. and Trust Company” is engaged in
the business of selling various kinds of securities, and request the
opinion of this department as to whether it is permissible for such a
concern to do business under a name so closely allied to that of insti­
tutions organized under Act 108, Public Acts of 1889, under which trust
companies are organized.
Subdivision 1 of section 2 of Act 232, Public Acts of 1903, contains
this proviso:
“No name shall be assumed already in use by any other existing cor­
poration of this State, or corporation lawfully carrying on business in
this State, or so nearly similar as to lead to uncertainty or confusion.”
Under the decisions of the courts of this State it seems to be clear
that the question of the right to use a corporate name not identical with
that of another existing corporation depends upon whether the names


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are so similar that persons would he likely to deal with one concern
when they believed in good faith they were dealing with the other.
See—
Lamb Knit Goods Co. v. Lamb Glove & Mitten Co., 120 Mich.
159;
Penberthy Injector Co. v. Lee-Penberthy Mfg. Co., 120 Mich.
174;
Supreme Lodge Knights of Pythias v. Improved Order Knights
of Pythias, 113 Mich. 133;
Great Hive L. O. T. M. v. Supreme Hive, 135 Mich. 392, 415.
It would seem also if the similarity of the name of a corporation
organized under Act 232, Public Acts of 1903, to the names of corpora­
tions organized under Act 108, Public Acts of 1889, which is the trust
company act, was such that people dealing with it would be deceived
into believing that they were dealing with a corporation which was
under the supervision of the banking department, that the use of such a
name could properly be restrained in a proceeding instituted for that
purpose.
Very respectfully yours,
J n o . E. B ir d ,
Attorney General.

A SSESSM EN T IN CASE OF IM P A IR M E N T NOT A U TH O RIZED .

July 29, 1908.
Hon. Henry M. Zimmermann, Commissioner of Banking, “Capitol,”
Lansing:
Dear Sir—We have carefully examined the letter of............. cashier
of th e........................................ Bank, of date July 18, 1908, together with
the enclosures accompanying same.
Section 42 of the General Banking Law, being section 6131 of the
Compiled Laws of 1897, gives the Commissioner of Banking authority
when he finds the capital of any bank is impaired or reduced below the
amount required by law, to require such bank to make good the defici­
ency within ninety days after a written requisition is made, and in
case the impairment is not made good it becomes his duty, with the
concurrence of the Attorney General, to institute proceedings for the
appointment of a receiver to wind up the affairs of the bank. The law
does not prescribe the method by which this impairment is to be made
good. I t makes no provision for an assessment upon the stockholders
of the bank, nor is there any authority under the statutes of this State
for the stockholders or directors to make such an assessment. There
being no statutory authority for making the assessment, it follows that
an assessment made by the stockholders or directors could not be en­
forced against dissenting shareholders. The only method of making an
assessment against the stockholders of a bank is under section 46 of
the General Banking Law, section 6135 of the Compiled Laws of 1897.


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This assessment can only be made when the bank is in process of liquida­
tion.
I t is our view of this statute that it contemplates a voluntary contri­
bution on the part of the shareholders in order to prevent the affairs
of the bank being liquidated by order of the Commissioner, and leaves
it open to the bank to make good the deficiency in any manner that
seems to it feasible. The only alternative in case of the failure of the
bank to make good the deficiency is for the Commissioner to proceed
as directed by the statute.
We return the letter and enclosure herewith.
Very respectfully yours,
J n o . E. B ir d ,
Attorney General.

FOREIGN

BA N K S

NOT

PER M ITT ED

TO

TRANSACT

BU SIN E SS.

July 29, 1908.
Hon. Henry M. Zimmermann, Commissioner of Banking, “Capitol,”
Lansing:
Dear Sir—We are in receipt of yours of the 3d instant in which you
enclose a letter from Reginald F. Fennell, under date of June 20, 1908,
iu which he submits the following inquiry:
“Is there any license necessary or other legal form required to be
gone through with for banks doing business outside of the State of
Michigan, to establish an agency or representative in this State? In
the event of there being any restriction, kindly advise to what extent.”
In reply to this inquiry will say that the Legislature lias by statute
prescribed strict conditions to be complied with by corporations desir­
ing to engage in the business of banking, or in loaning and investing
money. There is no statutory provision which permits foreign corpora­
tions to come into this State for the purpose of engaging in that kind
of business. The fact that the Legislature has seen fit to lay down
these conditions for domestic corporations desiring to engage in such
business and to place them under the supervision of the State banking
department indicates clearly an intention on the part of the Legislature
to prohibit foreign corporations from engaging in such business.
In this connection we desire to call your attention to the case of—
New York Mortgage Co. v. Sec. of State, 150 Mich. 197, 202.
which was a mandamus proceeding against the Secretary of State to
compel the issuance of a license to do business in this State to a cor­
poration desiring to engage in the business of making “loans secured
by mortgages on real estate, to sell such mortgages and bonds of this
company secured by mortgages on real estate, but said bonds are not
to be sold on the installment plan.”
In response to the contention of the relator in that case that it should
be admitted to do business under our foreign corporation law, the court
said:


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“In other words such construction would operate as to such foreign
corporations as a repeal of all the beneficial and protective provisions
of Act No. 205, Public Acts of 1877. To hold that such was the Legis­
lative intent would be contrary to every suggestion that arises to the
mind, upon the consideration of the proposition. Our construction of
the act is that banking corporations and those corporations which are
within the contemplation of our banking laws are not within the pro­
visions of the act authorizing foreign corporations to transact business
in this State.”
In view of the above, we are of the opinion that foreign banks have
no right to engage in business in this State, or to establish an agency
or representative in this State for the transaction of business.
We return Mr. Fennell’s letter herewith.
Very respectfully yours,
J n o . E . B ir d ,

Attorney General.

INCREASE OP CAPITA L NOT REQUIRED BY B A N K S IN E X T E N S IO N OP CORPORATE
L IM IT S .

BRANCH B A N K S PER M ITT ED IN CERTAIN IN STA N C ES.

May 27, 1909.
Hon. Henry M. Zimmermann, Commissioner of the Banking Department,
Capitol, Lansing, Michigan:
Dear Sir—I am in receipt of your letter of the 29th ultimo in which
you state that a bank organized with a capital of $20,000.00 in a village
adjacent to a large city subsequently became located within the corpor­
ate limits of the city by an extension of the boundaries of the city to
include the territory formerly embraced within the limits of the village ;
the bank thus coming into the city with a capital less than is required
by statute of banks organized within the city. You also state that it is
now suggested that this bank may establish branches within the city and
request an opinion upon the following:
First, Whether or not you have authority to require a bank organized
in a village, when it becomes located in a city by the extension of the
corporate limits of the city, to increase its capital in accordance with
the number of inhabitants of the city.
Second, Whether or not a State bank has authority to establish
branches in the city or village in which it is authorized by its articles
of incorporation to transact business.
In reply will say that Section 1 of the General Banking Law (Sec
tion (¡090' C. L.) provides for the establishment of commercial and sav­
ings banks in cities and villages in the state and prescribes the minimum
capital that banks may have, based on the population of the city or
village in which the bank is to be located.
Section 2 of the act provides that the articles of incorporation shall
specify among other things :
“The county and city or village where such bank is to be located and
to conduct its business;”


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Section 7 provides that upon compliance with the statute the Commis­
sioner of the Banking Department shall give the bank a certificate
under his hand and official seal that the bank has complied with the
statute and is authorized to commence business.
The contingency arising in the case of the bank to which you refer
apparently was not anticipated by the framers of the General Banking
Law as that law contains no provision requiring a bank established with­
in a village which becomes located in a city by reason of the extension
of the corporate limits of the city to increase its capital in accordance
with the population of that city. Neither is there in the Banking Law
any provision requiring a bank after its organization within a city of
a certain population to increase its capital as the population of the
city increases.
The bank upon complying with the provisions of the statute was given
the right by the state to conduct its business within the village. I t did
not voluntarily remove to the city but became located therein by opera­
tion of law through the extension of the corporate limits of the city.
The provision of the statute requiring banks to have a certain capital
according to the population evidently has reference to the establishment
of banks in the first instance. As heretofore stated, a bank once law­
fully established with the required capital according to the population
of a city is not required to increase its capital although the population
of the city may increase to such an extent that a new bank could not
be established therein without having a much larger capital. A careful
consideration of the provisions of the General Banking Law leads me
to the conclusion that a bank once lawfully established in a village with
the required capital in accordance with Section 1 of the General Bank­
ing Law is not required under the provisions of that law to increase its
capital when it becomes located within a city by reason of the extension
of the corporate limits of the city to include the village.
For answer to your second question I would say that no authority to
establish branches is conferred upon banks by any provision of the laws
of this state. In the absence of statute a bank has no authority to es­
tablish branches at which a general banking business is conducted.
MaGee on Banks and Banking, page 41,
Atty. Gen. v. Oakland Co. Bank, Walk, page 90.
While a bank has no authority to establish branches unless expressly
authorized by statute so to do, it seems that it may have an agency for
the transaction of some part of its business in the city or village desig­
nated in its charter as the place where the bank is to be located and to
conduct its business.
In MaGee on Banking, page 41, are compiled the provisions in force
in the different states relating to this subject and of this state it is said:
“There is no law authorizing the establishment of branches. Agencies
are permitted which are restricted in their operations to receiving and
paying out of deposits and issuing exchange.”
and several instances of banks located in the cities of Detroit and Lan­
sing having established agencies of this character are noted.


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The agencies established by the banks at the cities indicated have been
conducted by the banks for some time and the right of the banks to
establish such agencies does not appear to have been heretofore ques­
tioned by the Banking Department or any officer of the State. In view
of the foregoing I am of opinion that a bank may establish agencies of
the character of those indicated herein within the limits of the city or
village in which the bank is located. Inasmuch as a bank originally
located in a village, and which becomes located in a city by the extension
of the corporate limits of the city, has authority to conduct its business
within the city, it would have the same right to establish agencies of
this character as a bank originally organized within the city.
Respectfully yours,
(Signed) J n o . E. B i r d ,
Attorney General.

NOTES AND SEC U R ITIE S DEPOSITED W IT H TRUST COM PA N IES NOT LEGAL
SAVINGS IN V EST M E N TS.

May 27, 1909.
Hon. Henry M. Zimmermann, Commissioner of the Banking Department,
Capitol, Lansing, Michigan.
Dear Sir—I am in receipt of your letter of the 29th ultimo in which
you ask whether or not notes and securities representing fractional parts
of large loans where the security is deposited with a trust company are
legal investments for a state bank under Section 27 of the General Bank­
ing Law ("Section 6116 C. L.) as amended bv Act 322 of the Public Acts
of 1907.
In reply would say that this section provides in Subdivision (i) that
a certain proportion of the savings deposits of the bank shall be invested
by the board of directors as follows:
“Upon notes or bonds secured by mortgage lien upon unencumbered
real estate worth at least double the amount loaned; the remainder of
such deposits may be invested in notes, bills or other evidences of debt,
the payment of which is secured by the deposit with the bank, of collat­
eral security consisting of personal property or securities of known
marketable value, worth ten per cent more than the amount so loaned
and interest for the time of the loan ; or may be invested in notes, bills
or other evidence of debt, the payment of which is secured by such
property or securities deposited in a collateral deposit company organ­
ized under the laws of this state;”
I t is evident that the notes and securities in question come within the
class last referred to in this subdivision, to-wit: “notes, bills or other
evidence of debt, the payment of which is secured by such property or
securities deposited in a collateral deposit company organized under
the laws of this state.”
This provision was incorporated in this subdivision of Section 27 by
Act No. 322, Public Acts of 1907. The same legislature enacted a law
providing for the incorporation of “safety and collateral deposit com-


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panies,” the same being Act No. 240 of the Public Acts of 1907, having
power under the provisions of Section 9 :
“To receive on deposit, in trust, any personal property deposited with
it by individuals, partnerships or corporations, as collateral security
for the payment of bonds, or other obligations issued by such individuals,
partnerships or corporations, and to enter into and execute any in­
struments in writing necessary and proper to carry such trusts into
effect.”
Section 11 places every corporation organized under the act and en­
gaging in this branch of the business under the supervision of the Com­
missioner of the Banking Department.
These acts were passed by the same legislature; are in pari materia
and must be construed together. Thus construed, the collateral de­
posit companies organized under the laws of this state referred to in
the amendment to the General Banking Law must be held to refer to
collateral deposit companies organized under the provisions of Act
240 of the Public Acts of 1907. I am informed that at this time there
are no collateral deposit companies organized in this state under that
act. Consequently, I am of opinion that savings banks have no authority
to invest their funds in notes and securities under subdivision (i) of
Section 27 of the General Banking Law where the security for the same
is deposited with a trust company.
Respectfully yours,
(Signed) J n o . E. B i r d ,
Attorney General.

STATE B A N K S ORGANIZED BY STOCKHOLDERS OF NATION AL B A N K S.

June 10, 1909.
Hon. Henry M. Zimmermann, Commissioner of the Banking Department,
Capitol, Lansing:
Dear Sir—I am in receipt of your communications of the 29th ultimo
requesting an opinion upon the question of whether or not a State bank
may legally be organized in this State by the stockholders of a National
Bank under a plan substantially as follows :
The stockholders of the national bank enter into an agreement with
the officers of the national bank by the terms of which the stockholders
agree that the officers may take necessary steps to organize a State
bank with a prescribed capital, the shares of which may be subscribed
for in the first instance by such persons as may be selected by the officers,
but when paid for shall be held in the names of such persons as from
time to time shall be the officers of the national bank, as trustees, which
said trustees may exercise during the life of the trust all the rights and
powers of absolute owners of the stock except to the extent that they
may be ordered otherwise by express directions in writing signed by a
majority of at least two-thirds in interest of the persons benefiiciallv
interested in the stock. The dividends upon said stock are to be re-


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ceived by the trustees and paid by them to tlie national bank for dis­
tribution among the stockholders of the national bank pro rata ac­
cording to their ownership of record of shares of stock in the national
bank, the trust to continue as long as the national bank shall continue to
do business unless sooner terminated by a request in writing of a ma­
jority of at least two-thirds in interest of the capital stock of said bank.
The necessary capital for the state bank is to be furnished by a special
or extra dividend declared by the national bank. Tt is provided that
the stock in the State bank shall be held by the trustees and that no
person shall haye the right to transfer his interest therein otherwise
than by the transfer of the ownership of stock in the national bank upon
the books of the latter. The only evidence of the beneficial interest of
any person in the stock of the State bank is that given by an endorse­
ment on the back of the certificates of stock of the national bank to the
effect that the owner of the shares represented by that certificate is
beneficially interested in common with all other stockholders of the na­
tional bank in a pro rata amount of the capital stock of the State bank
and that said beneficial interest cannot be sold or transferred otherwise
than by the transfer of the shares of stock represented by the certificate
upon the books of the national bank, and that the beneficial interest in
1lie stock of the State bank shall pass with the transfer of the shares of
the national bank represented by the certificate. I t is further provided
that no person shall be eligible to the office of director of the State bank
who is not a director of the national bank.
For reply to your inquiry I would say that the General Banking Law
of this State contains no provision that would prohibit the stockholders
in a national bank from organizing a State bank upon compliance with
the provisions of the General Banking Law. Neither is there in that law
any provision expressingly prohibiting the stockholders in a State bank
from entering into an agreement in substantially the form indicated
above. The agreement is not between the national bank and the State
bank, but is between the stockholders in those banks. As between the
State bank and the State, any agreement of this character between the
stockholders of the bank would be wholly ineffectual to prevent the State
from exercising a supervisory control over the affairs of the bank, or
enforcing the liability of the stockholders, in accordance with the pro­
visions of the General Banking Law. I t is true that there are cases
holding that agreements between stockholders in corporations imposing
a permanent restraint upon the alienation of their shares of stock are
invalid, but under tlie terms of this agreement a stockholder may trans­
fer his shares of stock in the State bank provided he also transfers his
shares of stock in the national bank. It does not seem th at there is in
that case such a restraint upon the alienation of the shares as would ren­
der the agreement invalid.
Upon due consideration of the matter I am of opinion that, so far as
the State is concerned, the plan outlined for the organization of a State
bank is, in its general features, valid under the General Banking Law
of the State. I express no opinion, however, upon the validity of the
details of any particular plan for such organization, leaving those ques­
tions to be determined when it is sought to organize a State bank upon


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this plan and the details of the proposed plan of organization are before
me.
Respectfully yours,
(Signed) J no. E. B ird,
Attorney General.

BA N K E X A M IN E R S PU B L IC

O FFIC ER S.

June 30, 1909.
Hon. Henry M. Zimmermann, Commissioner of Banking Department,
Capitol, Lansing:
Dear Sir—I am in receipt of your letter of June 17th in which you
submit the amendment to Section 38 of the Banking Law relative to the
salaries of examiners, and request the opinion of this department as to
whether the examiners who have already been employed by the Banking
Department for three years will be entitled to the increase in their sal­
aries when the amendment becomes operative.
In reply thereto will say that Section 3 of Articles XVI of the revised
constitution provides, in part:
“Salaries of public officers, except circuit judges, shall not be in-'
creased, nor shall the salary of any public officer be decreased, after
election or appointment.”
In determining the question submitted it is important to ascertain
first whether a bank examiner is a public officer within the meaning of
this section of the revised constitution. Mechem, defines a public office
to be:
The right, authority and duty, created and conferred by law, by
which for a given period, either fixed by law or enduring at the pleasure
of the creating power, an individual is invested with some portion of
the sovereign functions of the government, to be exercised by him for the
benefit of the public.” (Mechem on Public Officers, Sec. 1.)
And he points out two essentials: First, The delegation of sovereign
functions; Second, Powers created and conferred by law. (Sec. 4 & 5).
In Section 9 he states:'
“Any man is a public officer who hath any duty concerning the public,
and he is not the less a public officer where his authority is confined to
narrow limits; for it is the duty of his office and the nature of that
duty which make him an officer, and not the extent of his authority.”
Section 38 of the Banking Law provides for the appointment of bank
examiners, fixes their salaries and requires them to file a bond of ten
thousand dollars. Section 39 authorizes the examiners to examine banks
and to examine the officers, agents, clerks, customers or depositors upon
oath, and makes false swearing before such examiner perjury. Section
40 requires the examiner to take an oath to keep secret all facts and


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information obtained in the course of his examinations. Section 41 au­
thorizes the commissioner to ask for the appointment of a receiver in
case of a refusal of a bank to submit to an examination by an examiner.
True, the statute, in Section 38, states that the commissioner shall
“employ from time to time such examiners,” but the fact that the ap­
pointment of a bank examiner is designated as an employment does
not change the nature of the duties prescribed by law. Clearly, the stat­
ute in question delegates sovereign functions to the examiner and the
powers are created and conferred by law, the two essentials to the crea­
tion of an office as pointed out by Prof. Mechem. See also the language
of Justice Cooley in:
Throop v. Langdon, 40 Mich. 673, 682.
The amendment to Section 38 submitted by you reads as follows:
“Salaries of the examiners shall be the sum of seventeen hundred dol­
lars per annum during the first year of their employment as such, and
shall be increased one hundred dollars each year of such employment
until the full sum of two thousand dollars is reached, which sum shall
be their annual salary thereafter.”
A bank examiner being a public officer as we have heretofore shown,
the constitutional provision above quoted would apply. The language
of the constitution is plain that the salaries “shall not be increased,
nor shall the salary of any public officer be decreased, after election or
appointment.” There are cases holding, as in the case of bank examin­
ers, where the tenure of the office is at the pleasure of the appointing
power that a constitutional provision, that the compensation shall not be
increased or diminished daring the term for ichich the officer is elected
or appointed, does not apply to officers who have no fixed term.
29 Cyc. 1429,
Gibbs v. Morgan, 39 N. J. Eq. 126,
Somers v. State, 5 S. D. 321,
58 N. W. 804,
id.
5 S. D. 584,
59 N. W. 962.
“But an examination of these cases shows that the decisions turn upon
the proposition that the constitutional provision could not apply to an
officer who had no fixed term. The language of our constitutional pro­
vision makes no reference to the term, but prohibits the increase or the
decrease of the salary after election or appointment.
I am therefore of the opinion that the amendment to Section 38 of
the Banking Law, made by Senate Enrolled Act 42, is void in so far
as it provides for an increase of the salaries of bank examiners now in
the employ of the department, or who may be in its employ when the
amendment takes effect.
In this connection I call your attention to the fact that the provisions
of the statute cannot be evaded by an examiner resigning before the


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taking effect of the amendment and accepting an appointment after the
amendment is in force.
See—
29 Cye. 1428,
Green v. Hudson Co., 44 N. J. L. 388.
Very respectfully yours,
(Signed) J n o . E . B ir d ,
Attorney General.

CAPITA L STOCK R E Q U IR E M E N TS OP BA N K S AFFECTED BY E X T E N S IO N OF COR­
PORATE L IM IT S .

Nov. 12, 1909.
Hon. Henry M. Zimmermann, Commissioner of Banking, Capitol, Lan*sing:
Dear Sir—Replying to your letter of the 19th ult., in which you re­
quest our opinion as to whether th e..................... Bank which was lo­
cated in the village of................. recently annexed to the city of...........
may increase its capital stock from twenty thousand dollars to fifty
thousand dollars, will say th at we held, in an opinion to you under date
of May 9, 1909, that this bank could not be deprived of its right to do
business under its original incorporation with a capital stock of twenty
thousand dollars, by the fact of annexation of the village of.................
to the city o f ............. We reached that conclusion by reason of the fact
that the bank was lawfully incorporated with a capital of twenty thou­
sand dollars to do business i n ..........; that the annexation o f ...............
placed the bank in the city o f ............. without its consent, and that it
could not be thus deprived of its right to do business under its original
incorporation.
Now, however, this bank proposes, by its own voluntary act, to in­
crease its capital stock, thus, in a measure, effecting a re-organization.
The whole aim and purpose of the statute, Section 1 of the General
Banking Law is to provide a minimum capital for banks graded ac­
cording to the population of the city qr village in which they are situ­
ated. In order to prevent a reduction of the capital below the minimum,
it is provided in Section 10 that “no reduction shall be made to a less
amount than is required in Section 1 for capital.” To permit this bank
to substantially reorganize by increasing its capital, without increasing
its capital stock to at least the minimum amount required for the city
of............. , would, in my judgment, do violence to the intent of the legis
lature, as expressed in Sections 1 and 10 of the Banking Law, to which
I have referred. The bank is now a corporation of the city o f ..............
The law relating to the amount of capital stock i n ............. is different
than i n .................
While I do not think the bank could be deprived of its rights to con­
tinue during the period of its corporate existence, with a capital of
twenty thousand dollars, by the annexation, I am constrained to hold
that in taking advantage of the statute relative to the increase of capi-


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tal stock, it must be governed by the provision of the statute applica­
ble to the city o f .........., and must, therefore, if it increases its capital at
all, increase it to at least the minimum amount required for cities hav­
ing a population of over one hundred and ten thousand inhabitants, as
prescribed by Section 1 of the Banking Law.
Very truly yours,
(Signed) J n o . E. B ir d ,
Attorney General.

C O N ST ITU E N T CORPORATIONS E N TITLED TO T W E N T Y PER CENT LOAN L IM IT .

January 20, 1910.
Hon. Henry M. Zimmermann, Commissioner of Banking, Capitol, Lan­
sing.
Dear Sir—We are in receipt of your letters of the 14th instant in
which you ask:
“In this state, where a corporation is in operation and control of other
corporations by having acquired a majority of the stock of such corpora­
tions what would be the limitation of credit lines which might be ex­
tended these corporations, both parent and subsidary, by our state
banks, under the Banking Law, exclusive of real estate or other col­
lateral loans authorized by statute?”
Section 6141 C. L. 1897 as amended, being Section 52 of the Banking
Law, provides as follows :
“The total liabilities to any bank of any person or of any company,
corporation or firm for moneys advanced, including in the liabilities of
the company or firm, the liabilities of the several members thereof, ex­
cept special partners, shall at no time exceed 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 by a two-thirds vote of directors, the liabilities
to any bank of any person or company or corporation or firm may be
increased to a sum not exceeding one-fiftli of the capital and surplus of
bank: * * *”
I t will be noted that in the case of a company or firm the line of
credit includes the liabilities of the company or firm and the several
members thereof, except special partners, while no such restriction ap­
pears in the case of the corporation. Corporations are recognized by
law as distinct legal entities regardless of the ownership of the stock.
While we appreciate the fact that the effect of extending a 20 per cent
line of credit to each corporation might in some cases be equivalent in
its effect to extending a 40 per cent line of credit to one corporation,
yet we are satisfied that the statute does not authorize interference bv


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the banking commissioner when the 20 per cent line to each corporation
is not exceeded. The situation is one that might properly be brought to
the attention of the legislature.
Very respectfully yours,
(Signed) J n o . E. B ir d ,
Attorney General.

d ir e c t o r s ’ n o t e s ,

in

l ie u

of

assessm en t

not

p e r m is s a b l e .

March 16, 1910.
Hon. Henry M. Zimmermann, Commissioner of the Banking Department,
Lansing, Michigan.
Dear Sir—I am in receipt of your communication of the 14th ultimo,
requesting my opinion on the following proposition:
“If in case of the impairment of the capital of one of our state banks,
in lieu of an assessment, a promissory note were given by the directors
to the bank, pledging their personal responsibility to its payment, but
with the expectation that the stockholders will authorize its retirement
from the earnings of the bank, could the makers of the note in case of
the earnings of the bank failing to satisfy it avoid payment on the
ground of no consideration?”
Replying thereto would say that section 6135 of the Compiled Laws,
being section 46 of the act providing for the incorporation of banks in
this state, in part, reads as follows:
“The stockholders of every bank shall be individually liable, equally
and ratably, and not one for another, for the benefit of the depositors in
said bank to the amount of their stock at the par value thereof, in addi­
tion to the said stock:”
As a general proposition the directors of a bank organized under the
general banking law of this state are not liable where the capital has
been impaired except as stockholders, and under the provision above
quoted this liability of the stockholders is “equally and ratably, and not
one for another.” For the purpose of avoiding liquidation under cir­
cumstances such as you have outlined, the commissioner of the banking
department is clothed with certain discretionary powers to approve of
such action on the part of the directors or stockholders as will make
good such impairment and fully protect the depositors and creditors of
the bank, but such impairment cannot be made good under the law by
any transaction in the nature of a loan, as such a transaction would
increase the liabilities of the bank to an amount equal to the sum re­
ceived. In other words, a director or stockholder may make good the
impairment of the capital of a state bank in lieu of an assessment or for
the purpose of avoiding liquidation, but there can be no contingent lia­
bility therefor on the part of the bank. No action should be approved
by the commissioner of the banking department which would leave un-


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certain the capital of, a bank in this particular.
I t is my opinion that the course suggested in your communication is
not in harmony with the spirit and intent of the general banking law of
this state, and particularly those provisions designed for the protection
of depositors and creditors thereof.
Respectfully yours,
(Signed) J n o . E. B ir d ,
Attorney General.

REAL ESTATE MORTGAGES NOT TO B E - DEPOSITED W IT H
C O M PA N IES.

COLLATERAL DEPOSIT

October 12, 1910.
Hon. Henry M. Zimmermann, Commissioner of the Banking Department,
Capitol, Lansing.
Dear Sir—We have given careful consideration to your letter of Sep­
tember 22d, in which you submit the inquiry as to whether real estate
mortgages may be deposited with collateral deposit companies organ­
ized under the provisions of Act 210 Public Acts of 1907 and participa­
tion notes therein thereby become lawful investments for savings banks.
A conference with the representatives of the institutions affected by the
question above stated has developed additional questions, namely; if
collateral deposit companies may not be the depositories for such mort­
gages, may a domestic trust company be such depository; also may
a foreign trust company or a domestic corporation, partnership or indi­
vidual not subject to supervision of the banking department be such de­
pository.
The statutory provisions involved in the questions above submitted are
Section 9 of Act 210 Public Acts of 1907, which reads as follows:
“Any corporation organized under this act shall have power to con­
duct a safety deposit business for the safekeeping of any personal prop­
erty, and to provide proper vaults and premises for the same; and shall
also have power to receive on deposit, in trust, any personal property
deposited with it by individuals, partnerships or corporations, as col­
lateral security for the payment of bonds, or other obligations issued by
such individuals, partnerships or corporations, and to enter into and
execute any instruments in writing necessary and proper to carry such
trusts into effect.”
Also subdivision I of Section 27 of the Banking Law which authorizes
state banks to loan and invest savings deposits as follows:
“Upon notes or bonds secured by mortgage lien upon unincumbered
real estate worth at least double the amount loaned; the remainder of
such deposits may be invested in notes, bills or other evidences of debt
the payment of which is secured by deposit with the bank of collateral
security consisting of personal property or securities of known marketvalue worth ten per cent more than the amount so loaned and interest
for the time of the loan; or may be invested in notes, bills or other evi-


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deuces of debt the payment of which is secured by such property or se­
curities deposited in a collateral deposit company organized under the
laws of this state.”,
Also the proviso of section 52 of the Banking Law, which is as follows:
^Provided, however, That the foregoing limitations shall not apply
to loans on real estate or other collateral securities authorized by this
act and deposited with the bank or a safety and collateral deposit com­
pany organized under the laws of this state.”
I t is apparent that the proviso to Section 52 can furnish no assistance
in determining the scope of the provisions of Subdivision I of Section
27 by reason of the general rule of statutory construction that a proviso
does not enlarge the scope of the enacting section.
Sutherland’s Statutory Construction, Sec. 352.
I t is also apparent that “notes or bonds secured by mortgage lien,
etc.” are not included among the securities which are authorized to be
deposited in a collateral deposit company under the terms of said Sub­
division I of Section 27 above quoted unless it can be said that such
“notes or bonds secured by mortgage lien” are also included in “notes,
bills or other evidences of debt the payment of which is secured by de­
posit with the bank of collateral security consisting of personal property
or securities of known marketable value, etc.” We are of the opinion
that they are not so included. I t is our view that the second clause
of Subdivision I, being that last above quoted, refers to notes, bills or
evidences of debt which are secured by the deposit of personal chattels
or securities such as promissory notes, bonds or other evidences of debt
the title of which passes by the mere act of delivery. This would, of
course, exclude real estate mortgages. We therefore hold that real
estate mortgages may not be deposited with collateral deposit companies
organized under the provisions of Act 240 Public Acts of 1907 and par­
ticipations therein sold to savings banks as investments.
The first clause of Subdivision I of Section 27 of the Banking Law
authorizes banks to loan savings deposits “upon notes or bonds secured
by mortgage lien upon unincumbered real estate worth at least double the
amount loaned.” There is nothing in the Banking Law directly requir­
ing real estate mortgages to be taken in the name of the bank when such
loans are made. We are constrained, however, to hold that the law con­
templates that the bank shall hold the title to such securities. I t is es­
sential that the banking department in making an examination of the
affairs of the bank have an opportunity to examine the mortgages upon
which such notes or bonds are predicated in order that the department
may know the nature of the instrument, the description of the property
and such other facts as will enable it to determine whether the loan is
proper under the provisions of the statute.
Where, however, such real estate mortgage is placed in a trust com­
pany organized under the Michigan laws and over which the banking
commissioner has adequate supervision, we think the commissioner
would be acting within the spirit of the law if he permitted the mort­
gage to be taken in the name of such trust company and deposited with


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it allowing the banks to loan upon participating notes in such mort­
gage. We do not, however, believe that a bank would be authorized to
invest in participating notes secured by a mortgage held by a foreign
trust company or by a domestic corporation other than a trust company,
a partnership or individual for the reason that the banking commissioner
would have no authority under the law to examine the mortgage in such
cases and thus determine the propriety of the loan.
We are further of the opinion that Section 9 of Act 240 Public Acts
of 1907 does not authorize a collateral deposit company to be the owner
or trustee of a real estage mortgage, but limits its authority to that of
acting as trustee of personal property and collateral such as would pass
by manual delivery.
Very respectfully yours,
(Signed) F r a n z C. K u h n ,
Attorney General.

PRIVATE

B A N K S NOT DEPOSITORIES FOR P U B L IC

FUNDS.

December 7, 1910.
Hon. Henry M. Zimmermann, Commissioner of Banking, Capitol, Lan­
sing.
Dear Sir—In response to your request for an opinion upon the ques­
tion of whether or not private banks, so-called, may be designated as
depositories of county funds, under the provisions of Act 99, Public
Acts of 1909, I desire to say that the act in its title and provisions
refers to the designation of “a bank or banks” as depositories without
specifying whether private or incorporated banks were intended.
I am of the opinion that the statute should not be construed to in­
clude private banks. Generally, when reference is made to a bank this
means an incorporated bank and not a private bank. For example, when
a note is made payable at any bank in a city, this is held to mean an
institution incorporated for banking purposes and does not include a
private bank.
Way vs. Butterworth, 106 Mass. 75;
Way vs. Butterworth, 108 Mass. 509.
The legislature has passed a law providing for the incorporation and
organization of banks and making them subject to the state supervision.
Under that law, as under the federal law providing for the organization
of national banks, the stockholders are liable in double the amount of
the stock held by them. It seems to me that when reference is made in
the statute to a bank, it means an incorporated bank organized under
the state or national banking laws. A private banker, so-called, con­
ducts his business under chapter 133 of the compiled laws of 1897, the
same being an act relative to brokers and exchange dealers. The law
prohibits the private banker from advertising or putting up any sign
tending to convey the impression that the place of business is an organ­
ized bank. If he advertises, he must use liis individual name and may
add thereto “bank,” “banking office” or “exchange office.”

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I do not think the place of business of one conducting a private bank is
a bank within the meaning of Act 99, Public Acts of 1909.
A somewhat similar question was before the court in the case of the
City of DuQuoin vs. Kelly, 176 111. 218. An ordinance was passed by
the city requiring the treasurer to keep the city funds in a regularly
organized bank. I t was held that the ordinance contemplated a bank
organized under the state or national banking law and not a private
bank owned by an individual. The court said:
“We are of the opinion that the term ‘regularly organized bank,’ in
the City and Village act, means a bank organized either under the state
law or the act of Congress, and that it was not intended by the legisla­
ture that a city officer who lias given bond for the safe keeping of the
funds in his hands should be required to deposit them in a private bank.
There would seem to be no more reason for that than there would be
for turning the funds over to a private individual. I t is true, provision
is made that such banker or bankers shall give bond; but we do not think
this alters the case.”
I believe as was said by the court in this case, that there is no more
authority for depositing the public funds in a private bank than there is
for loaning them out to an individual, and the fact that security is re­
quired to be given makes no difference.
I am of the opinion, therefore, that the Board of Supervisors can­
not lawfully designate a private bank as a depository of county funds,
under the provisions of Act 99, Public Acts of 1909.
Very respectfully yours,
(Signed) F r a n z C. K u h n ,
Attorney General.


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The following is a list of banks examined and the amount paid by each, as
40 of the general banking law.

325
162
89

L o c a tio n .

N a m e of b a n k .

N o.

A ddison S tfitft S a v in g s B a n k ....................................................
A d rian S t a te S a y in g s B a n k

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

'J'h n C o m m ercici S a v in g s B a n k

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

D a te se co n d
D a te firs t
e x a m in a tio n . e x a m in a tio n .

ection

nount
laid.

A d d is o n ...............................

F eb. 2 3 . .. .

$25 00

A d r i a n .................................

June

159 10

A d r i a n .................................

Jan. 1 7 ....

72 51

1 ....

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

A d r i a n .................................

M ay 3 1 . . . .

9 2 48

171

W a M h y <k C lay’s S t a te B a n k ..................................................

A d r i a n ..................................

June 1 3 ....

9 4 04

179

A lbion Sfaf.ft B a n k

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

A lb io n ..................................

M ay 1 6 . .. .

36 68

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

A l b i o n ..................................

M ay 1 7 . . . .

36 39

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

A l l e g a n ................................

Feb.

2 ....

25 43

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

A l l e g a n ................................

Jan. 3 1 ....

51 21

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

A l m a .....................................

Jan. 2 2 ....

42 81

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

A l m a ....................................

A p ril 1 1 . . . .

25 00

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

A l m o n t ................................

M ay

3 ....

25 00

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

A lp e n a .................................

M ay 1 0 . . . .

177 17

302

F a r m e r s ’ S t a te B an k "....................................................................

A l t o .......................................

M ar. 1 7 . . . .

48

A n n A rjinr S a v in g s B a n k ..........................................................

A n n A r b o r .........................

M ay

9 ....

297 95

F arm ers* a n d M e ch an ics’ B a n k

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

A n n A r b o r .........................

M a r.

2 ___

106 88

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

A n n A r b o r ..........................

M a y 1 2 ___

42 49

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

A n n A r b o r .........................

Feb. 2 8 . .. .

127 39

66

L e n a w e e C o u n ty Sa.vino* B a n k

167

rV n m m * ia l s n d S a y in g s B a n k

314

_AH(?gfln S trife S a v in g s B a n k

323

F i r s t S t a te B a n k

233

F i r s t S t a te B a n k nf Alma,

232

T h e A ljna S p ite S a v in g s B a n k

437

A lm o s t S a y in g s B a n k

169

A lp e n a C o u n ty S a v in g s B a n k

26
333

G e rm a n -A m e ric a n S a v in g s B a n k

144

S t a te S a y in g s B a n k

25 00

228

Arm a Ha. Sa v in g s B a n k

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

A r m a d a ...............................

M ar. 1 6 . . . .

33 38

213

A th e n s S t a te a n d S a v in g s B a n k ...........................................

A t h e n s .................................

M ay 2 6 . . . .

25 00

414

F arm ers* S t a te B a n k

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

A t h e n s .................................

Feb. ' 9 . . . .

25 00

418

P e o p le ’s S t a te S a v in g s B a n k

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

A u b u r n ................................

M ar. 1 6 . . . .

25 00

420

S t a te B a n k nf A u g u sta.................................................................

A u g u s t a ...............................

M ay

7 ___

25 00

236

S t a te B a n k nf F r a n k W . H u b b a r d A; C o ............................

B a d A x e .............................

Feb.

7 ....

42 7 6

237

S ta te S a y in g s B a n k of B a d A xe .

B a d A x e ..........................

Jan. 3 1 ....

35 94

337

S t a te F x e h a n g e B a n k

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

B a n c r o f t .............................

Jan. 2 4 ....

25 0 0

62

W e s t M ichigan S a v in g s B a n k ..................................................

B a n g o r .................................

A p ril

4 ....

37 95

444

B araga. C ount,y Sta.t.e B a n k ....................................................

B a r a g a .................................

M a r. 2 3 . . . .

25 00

394
93

B arryt-on S t a te S a v in g s B a n k .................................................

B a r r y t o n .............................

M ar. 2 3 . . . .

25 00

C ity B a n k

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

B a t tl e C r e e k ......................

June 2 0 ... .

174 27
131 3 3

M e rc h a n ts ’ S a v in a s B a n k ..........................................................

B a t tl e C r e e k ......................

M ay 2 3 . . . .

63

B a y C ity B a n k

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

B a y C i t y .............................

M ay 1 6 . . . .

252 56

43

B a y C o u n ty S a v in g s B a n k ........................................................

B a y C i t y .............................

M ay

4. . ..

107 2 3
108 9 3

178

30

C o m m ercial B a n k ..........................................................................

B a y C i t y .............................

M a y 2 5 ___

96

L u m b e rm a n s S t a te B a n k ...........................................................

B a y C i t y .............................

M ay 1 8 . . . .

66 33

17

P e o p le s Sa,vin&s B a n k .................................................................

B a y C i t y .............................

M ay 2 3 . . . .

94 22
33 8 3

2

B el d in g S a v in g s B a n k .................................................................

B e l d in g .......... 1 ...................

Jan. 1 1 ... .

159

P e o p le ’s S a v in g s B a n k ..............................................................

B e l d in g ...............................

Jan.

347

B e lla ire S ta t e B a n k .....................................................................

B e l la i r e ................................

M ar. 2 3 . . . .


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25 0 0

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Lists of banks examined:—Continued.
N o.

N a m e of b a n k .

L o c a tio n .

D a te se co n d
H a t e firs t
e x a m in a tio n . e x a m in a tio n .

A m o u n t.
p a id .

219

B e n to n H a r b o r S t a te B a n k .......................................................

B e n to n H a r b o r ................

M a r. 2 3 . . .

S e p t. 2 8 . . . .

$64 61

76

F a r m e r s ’ a n d M e rc h a n ts ’ B a n k ..............................................

B e n to n H a r b o r .................

M ar. 2 1 . . . .

S e p t. 2 6 . . . .

117 5 9

A u g . 1 7 ___

25 09

25 00

388

S t a te S a y in g s B a n k ......................................................................

B e n to n H a r b o r ................

M ar. 2 9 . . . .

448

B e rlin S t a te B a n k ..........................................................................

B e r li n ...................................

J u ly

416

B e r rie n S p rin g s S t a te B a n k ....................................................

B e rrie n S p r in g s ...............

Feb. 2 1 . .. .

A ug. 1 6 . . . .

259

B ig R a p id s S a v in g s B a n k ..........................................................

B ig R a p i d s ........................

Jan. 2 4 ....

J u ly 1 1 . . . .

32 38

248

C itiz e n s’ S ta te B a n k .....................................................................

B ig R a p i d s ........................

Jan. 2 5 . .. .

J u ly 1 2 . . . .

51 89

411

F i r s t S t a te S a v in g s B a n k ...........................................................

B ir m i n g h a m ......................

Feb. 1 5 . .. .

A ug. 1 1 . . . .

25 0 0

163

B lissfield S t a te B a n k ...................................................................

B lis s fie ld .............................

Feb. 2 1 ....

S e p t.

6 ....

30 08

221

J ip s o n - C a r te r S t a te B a n k ..........................................................

B lis s fie ld .............................

Feb. 2 3 . . . .

S e p t.

7 ....

60 71

25 00

6 ___

436

F a r m e r s ’ S t a te B a n k ...................................................................

B r e c k e n r id g e ....................

Ju n e

1 ....

N ov. 1 0 . .. .

25 00

187

F i r s t S t a te S a y in g s B a n k ..........................................................

B r e c k e n r id g e ....................

M ar. 2 1 . . . .

S e p t. 2 8 . . . .

25 00

452

B r ig h to n S t a te B a n k ...................................................................

B r i g h to n .............................

A ug. 1 7 . . . .

457

B r i tt o n S t a te S a v in g s B a n k .....................................................

B r i t t o n ................................

D ec. 1 0 . . . .

409

F i r s t S t a te S a v in g s B a n k ..........................................................

B r o n s o n ...............................

M a y . 2 1 ___

N ov. 1 0 . .. .

312

C u lv e r S t a te B a n k ........................................................................

B r o o k ly n .............................

F eb. 1 5 . .. .

J u l y 23 . . . .

25 00

310

F a r m e r s ’ S t a te B a n k ...................................................................

B r o o k ly n .............................

Feb. 1 6 . .. .

J u ly 2 5 . . . .

25 00

216

B ro w n C ity S a v in g s B a n k .........................................................

B ro w n C i ty ........................

M ay 1 7 . . . .

N ov.

9 ....

25 00

253

C itiz e n s’ S t a te S a v in g s B a n k ...................................................

B ro w n C i ty ........................

M a y 18 . . . .

N ov.

9 ....

2 6 35

212

B u r r O a k S t a te B a n k ..................................................................

B u r r O a k ............................

Jan. 1 8 . .. .

J u ly 1 9 . . . .

25 00

313

S t a te B a n k ........................................................................................

B y r o n ...................7 .............

Jan. 2 2 ....

J u ly 1 1 . . . .

25 00

181

C a d illac S t a te B a n k .....................................................................

C a d illa c ...............................

M ar.

2 ....

A ug. 1 5 . . . .

98 36

261

P e o p le ’s S a v in g s B a n k ................................................................

C a d illa c ...............................

Feb. 2 8 . .. .

A ug. 1 7 . . . .

68 7 3

291

S t a te B a n k ........................................................................................

C a le d o n ia ...........................

Jan.

3 ....

J u ly 1 6 . . . .

25 00

336

C a lu m e t S t a te B a n k .....................................................................

C a lu m e t...............................

M ar. 1 8 . . . .

Au^j. 2 3 . . . .

71 84

87

M e rc h a n ts ’ a n d M in ers' B a n k ..................................................

C a lu m e t...............................

M ar. 1 6 . . . .

A ug. 2 5 ___

260 98

25 00
25 00
25 0 0

320

F i r s t S t a te B a n k ............................................................................

C a m d e n ...............................

Feb. 2 8 . .. .

A ug.

6 ....

25 0 0

208

C apac S a v in g s B a n k .....................................................................

C a p a c ....................................

A p ril

7 ___

N ov. 1 1 . .. .

25 00

303

S t a te S a v in g s B a n k of C a r le t o n .............................................

C a r le to n ...............................

M ay

7 ....

O c t.

25 00

287

C o m m e rc ia l S a v in g s B a n k .........................................................

C a r o ......................................

M a r. 1 5 . . . .

S e p t.

8 ....

31 92

S e p t.

7 ....

56 76

1 ....

286

S t a te S a v in g s B a n k ......................................................................

C a r o ......................................

M ar. 1 4 . . . .

72

S t a te B a n k of C arson C i t y ........................................................

C arso n C i ty ........................

June 2 1 ....

N ov.

9 ....

46 45

Feb.

J u ly 2 7 . . . .

26 46

3 ....

234

E x c h a n g e S t a te B a n k .................................................................

C a r s o n v ille .........................

180

S t a te B a n k of C a r s o n v ille ..........................................................

C a r s o n v ille .........................

Feb.

1 ....

J u l y 2 6 ___

29 18

C a s s o p o lis ...........................

Feb.

9 ....

J u l y 1 3 -----

25 00

C e n tra l L a k e .....................

M ar. 2 2 . . . .

A u g . 1 5 ------

25 0 0

W o lf B ro s. S t a te B a n k ................................................................

C e n tre v ille ..........................

M a r.

O c t.

315

C h a rle v o ix S ta te S a v in g s B a n k ..............................................

C h a r le v o ix ..........................

218

E a t o n C o u n ty S a v in g s B a n k ....................................................

C h a r lo t t e ..........................

421

C ass C o u n ty S t a te B a n k ............................................................

343

F i r s t S t a te B a n k ..............................................

391


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

3 ....

38 15

M a r. 2 3 . . . .

O c t. 1 0 . . . .

25 00

Ju n e 1 1 . .. .

N ov.

39 5 3

7 ___

5 ....

lviii

STA TE

B AN KING

D EPA R TM EN T.

List of banks examined.—Continued.
N a m e of b a n k .

N o.

D a te se co n d
D a t e firs t
e x a m in a tio n . e x a m in a to n .

L o c a tio n .

A m ount
p a id .

305

C h e b o y g a n C o u n ty S a v in g s B a n k ..........................................

C h e b o y g a n .........................

Feb.

9 ___

J u ly 1 2 . . . .

$25 00

304

C h eb o y g a n S t a te B a n k ...............................................................

C h e b o y g a n .........................

Feb.

8 ___

J u ly 1 3 . . . .

25 49

397

F a r m e r s ’ a n d M e rc h a n ts ’ B a n k ..............................................

C h e l s e a ................................

June

3 ___

O c t. 2 0 . . . .

25 00

203

T h e K e m p f C o m m e rc ia l a n d S a v in g s B a n k ......................

C h e ls e a ................................

M ay 1 0 . . . .

O c t.

5 8 62

235

T h e C h e s a n in g S ta te B a n k ........................................................

C h e s a n in g ...........................

Feb. 2 3 . .. .

A ug. 1 7 . . . .

35 90

424

C itiz e n s S t a te B a n k ......................................................................

C la re .....................................

M a r. 2 1 ___

S e p t. 1 9 . . . .

25 00

118

C lare C o u n ty S a v in g s B a n k ......................................................

C la re .....................................

Feb.

267

E . J o s s m a n S t a te B a n k ..............................................................

C la rk s to n ............................

M a y 1 1 ___

3 ....

3 ....

J u ly 2 5 . . . .

30 59

N ov.

5 ....

25 00
25 00

376

C lim a x S t a te B a n k ........................................................................

C lim a x .................................

M ay 2 3 . . . .

O c t. 2 0 . . . .

104

B ra n c h C o u n ty S a v in g s B a n k ..................................................

C o ld w a te r ..........................

Jan. 1 7 ....

J u ly 1 8 . . . .

5 8 83

292

S t a te B a n k ........................................................................................

C o le m a n ..............................

Jan. 2 0 . .. .

J u ly 2 7 . . . .

25 00

442

S t a te B a n k of C o lo m a .................................................................

C o lo m a .................................

Feb.

5 ___

J u ly

9 ....

25 00

427

E . H ill & S ons S ta te B a n k ........................................................

C o lo n ..................................

Jan. 1 9 . .. .

J u ly

7 ....

25 00

433

C o lu m b ia v ille S t a te B a n k ..........................................................

C o lu m b ia v ille ...................

M ay

O c t. 2 9 ___

25 00

32

F a rm e rs ’ S t a te B a n k ...................................................................

C o n c o rd .............................

Jan. 1 7 ....

J u ly

5 ....

34 48

174

C o m m e rc ia l S ta te B a n k ..............................................................

C o n s t a n ti n e .......................

A p ril

6 ___

O c t. 1 9 . . . .

2 8 18

2 ....

4 ....

173

F i r s t S t a te B a n k ............................................................................

C o n s t a n ti n e .......................

A p ril

281

C o o p ersv ille S t a te B a n k ..............................................................

C o o p ersv ille

Jan. 2 6 ....

. . . .

O c t. 1 8 ___

36 73

J u ly

31 44

5 ....

406

S t a te B a n k of M o n tc a lm C o u n t y ...........................................

C o r a l .....................................

June 2 5 . .. .

N ov. 1 0 . . . .

25 00

339

O ld C o ru n n a S t a te B a n k ............................................................

C o r u n n a ...............................

Jan. 1 0 ....

J u ly

4 7 95

5 ....

183

S a n ila c C o u n ty S t a te B a n k .......................................................

C ro s w e ll...............................

M ay 1 1 . . . .

182

S t a te B a n k of C ro s w e ll................................................................

C ro s w e ll............................ ..

M ay

9 ....

N ov. 2 8 . .. .

176

D a v is o n S t a te B a n k .....................................................................

D a v is o n ...............................

A p ril

7 ....

S e p t. 2 8 . . . .

459

D e a rb o rn S t a te B a n k ...................................................................

D e a r b o r n ............................

N ov. 2 3 . . . .

319

C itiz e n s’ S t a te B a n k .....................................................................

D e c a t u r ...............................

Jan. 2 4 . .. .

J u ly

6 ___

25 00

102

F i r s t S t a te B a n k ............................................................................

D e c a t u r ...............................

Jan . 2 5 . . . .

J u ly

7 ....

2 7 59

196

F a r m e r s ’ S t a te B a n k of D e c k e r v ille .....................................

D e c k e r v ille ........................

A p ril

6 ___

O c t. 2 4 . . . .

2 5 00

195

S t a te B a n k of D e c k e r v ille .........................................................

D e c k e r v ille ........................

M ay 1 8 . . . .

O c t. 2 5 ___

25 00

335

D e e rfie ld S t a te B a n k ....................................................................

D e e r fie ld .............................

M ay 2 8 . . . .

N ov.

301

D e lto n S t a te B a n k ........................................................................

D e l t o n ..................................

M a r.

9 ___

5 2 71
39 67
2 6 85
2 5 00

1 ....

25 00
25 00

73

C e n tra l S a v in g s B a n k ..................................................................

D e t r o i t .................................

June

6 ___

N o v . 2 8 ___

326 47

47

D e t r o i t S a v in g s B a n k ...................................................................

D e t r o i t .................................

M ar. 2 8 . . . .

O c t. 1 0 ___

1 ,0 3 3 57

D e t r o i t T r u s t C o m p a n y ..............................................................

D e t r o i t .................................

A ug.

386

D e t r o i t U n ite d B a n k ....................................................................

D e t r o i t .................................

M a r. 2 1 . . . .

O c t.

3 ....

266 22
888 99

1 ....

589 33

9

D im e S a v in g s B a n k ......................................................................

D e t r o i t .................................

A p ril 2 5 . . . .

N ov. 1 4 . .. .

357

F a irv ie w S a v in g s B a n k ...............................................................

D e t r o i t .................................

M ay 2 5 . . . .

O c t. 2 4 . . . .

5

G e rm a n -A m e ric a n B a n k .............................................................

D e t r o i t .................................

Jan. 1 0 ....

A ug.

9 ___

219 72

90

H o m e S a v in g s B a n k .....................................................................

D e t r o i t .................................

Feb. 1 4 ....

A ug.

1 ....

802 57

81

M ich ig a n S a v in g s B a n k ..............................................................

D e t r o i t .................................

J u n e 1 3 ___

O c t. 3 1 . . . .

387 42


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

35 54

R E PO R T

OF T H E

lix

COM MISSIONER.

Lists of banks examined.-—Continued.
N o.

N a m e of b a n k .

L o c a tio n .

D a te seco n d
D a t e firj=it
e x a m in a tio n . e x a m in a tio n .

A m o u n t.
p a id .

15

P e n in s u la r S a v in g s B a n k ...........................................................

D e t r o i t .................................

June 2 7 . .. .

D ec.

5 ....

1 843 99

356

P e o p le ’s S t a te B a n k .....................................................................

D e t r o i t .................................

A p ril 1 8 . . . .

S e p t. 1 2 ___

3 ,1 9 5 85

S e c u rity T r u s t C o m p a n y ............................................................

D e t r o i t .................................

A ug.

1 ....

341 45

U n io n T r u s t C o m p a n y ................................................................

D e t r o i t .................................

A ug. 2 9 . . . .

419 16
1 ,4 9 6 99

6

W a y n e C o u n ty S a v in g s B a n k ..................................................

D e t r o i t .................................

June 2 7 ....

D ec. 1 9 . . . .

157

D e x te r S a v in g s B a n k ...................................................................

D e x t e r .................................

Feb.

1 ....

J u ly 1 2 . . . .

25 08

396

S t a te S a v in g s B a n k ......................................................................

D o w a toi a c ............................

Feb. 2 4 . .. .

A ug. 1 5 . . . .

25 00

351

D r y d e n S t a t e B a n k ......................................................................

D r y d e n ................................

M ay

3 ....

S e p t. 2 7 . . . .

25 00

422

F a r m e r s ’ S t a te B a n k ...................................................................

D r y d e n ................................

M ay

4 ....

O c t. 1 9 . . . .

25 00

142

M o n ro e C o u n ty B a n k ...................................................................

D u n d e e ................................

M ay 3 1 . . . .

O c t. 3 1 . . . .

25 0 0

428

F i r s t C o m m e rc ia l a n d S a v in g s B a n k ....................................

D u r a n d ................................

Jan. 2 0 . .. .

J u ly

25 00

7 ....

124

S h ia w a s se e C o u n ty B a n k ............................................................

D u r a n d ................................

Jan. 1 0 ....

J u ly 1 8 . . . .

30 81

238

S t a te B a n k of E a s t J o r d a n .......................................................

E a s t J o r d a n ......................

A p ril 1 4 . . . .

O c t. 2 0 . . . .

26 99

53

M ich ig a n S t a t e B a n k ...................................................................

E a t o n R a p i d s ...................

Feb.

7 ....

J u ly 2 5 . . . .

33 68

193

E d m o re S t a te B a n k ......................................................................

E d m o r e ...............................

Feb.

8 ....

J u ly 1 2 . . . .

25 00

403

P e o p le s S t a t e B a n k ......................................................................

E d m o r e ...............................

F eb.

9 ....

J u ly 1 1 . . . .

25 00

129

E lk R a p id s S a v in g s B a n k .........................................................

E l k R a p i d s ........................

M a r. 2 1 . . . .

A ug. 1 8 . . . .

29 9 3
28 45

342

S t a te S a v in g s B a n k ......................................................................

E l s ie ......................................

A p ril 1 9 ___

S e p t. 1 2 . . . .

299

S t a te S a v in g s B a n k ......................................................................

E s c a n a b a ............................

M a r. 1 1 . . . .

A ug. 2 2 . . . .

35 42

295

E v a r t S a v in g s B a n k ......................................................................

E v a r t ....................................

F eb.

1 ....

J u ly 2 7 ..

25 00

152

F i r s t S t a te S a v in g s B a n k ...........................................................

E v a r t ....................................

Jan.

3 1 ....

460

F a r m in g to n E x c h a n g e B a n k .....................................................

F a r m i n g to n ........................

D ec. 1 3 . . . .

J u ly 2 6 . . . .

40 94
25 00

215

O ld S t a te B a n k ...............................................................................

F e n n v i ll e ...................

A p ril 2 5 . . . .

O c t.

209

C o m m e rc ia l S a v in g s B a n k of F e n t o n ...................................

F e n t o n .................................

Jan.

3 ....

J u ly 1 9 . . . .

30 32

384

F e n t o n S t a te S a v in g s B a n k ......................................................

F e n t o n .................................

Jan.

5 ....

J u ly 1 8 . . . .

25 00

2 ....

4 ....

25 00

101

C itiz e n s’ C o m m e rc ia l a n d S a v in g s B a n k .............................

F l i n t ......................................

A p ril

D ec. 1 2 . . . .

154 20

23

G e n e s e e C o u n ty S a v in g s B a n k ................................................

F l i n t ......................................

Jan. 1 7 ....

A ug.

237 91

431

I n d u s t r ia l S a v in g s B a n k ............................................................

F l i n t ......................................

M ay 2 3 . . . .

D ec. 1 4 . . . .

2 8 89

165

U n io n T r u s t a n d S a v in g s B a n k ..............................................

F l i n t ......................................

M ay 2 4 . . . .

D ec. 1 9 . . . .

215 06

8 ....

126

F i r s t S t a te a n d S a v in g s B a n k ..................................................

F l u s h i n g .............................

Jan.

3 ___

J u ly 1 9 . . . .

33 91

223

P e o p le s ’ S t a t e B a n k .....................................................................

F l u s h i n g .............................

Jan.

4 ___

J u ly 1 8 ___

25 0 0

454

B a n k of F o u n t a i n ..........................................................................

F o u n t a i n .............................

O c t.

5 ....

141

S t a te S a v in g s B a n k of F o w le r ................................................

F o w le r .................................

Jan. 1 1 ....

J u ly 2 1 . . . .

2 6 26

293

S t a te B a n k ........................................................................................

F o w le r v il le ........................

Jan.

3 ....

Ju n e

9 ....

25 00

450

F r a n k e n m u t h S t a te B a n k .........................................................

F r a n k e n m u t h ...................

O c t.

8 ___

229

S t a te S a v in g s B a n k of F r a n k f o r t ...........................................

F r a n k f o r t ...........................

A p ril 1 3 . . . .

S e p t. 2 1 . . . .

2 7 59

461

S t a te B a n k of F r a s e r ...................................................................

F r a s e r ..................................

N ov. 3 0 . .. .

449

S t a te B a n k of F r e e p o r t ..............................................................

F r e e p o r t .............................

O c t. 1 9 . . . .

297

F r e m o n t S t a te B a n k ....................................................................

F r e m o n t .............................

M a r.


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

1 ....

25 00

25 00

25 00
25 00
S e p t. 2 6 . . . .

35 6 3

lx

STA TE

BANKING

D EPA R TM EN T.

Lists of banks examined.—Continued.
N o.

N $ m e of b a n k .

L o c a tio n .

D a te firs t
D a te se co n d
e x a m in a tio n . e x a m in a tio n .

A m ount
p a id .

345

O ld S t a te B a n k ...............................................................................

F r e m o n t .............................

Feb. 2 8 ....

S e p t. 2 8 . . . .

$43 22

362

S t a te S a v in g s B a n k ......................................................................

G a g e t o w n ...........................

A p ril

O c t. 1 8 * ....

25 00

426

G a le s b u rg S t a te B a n k .................................................................

G a l e s b u r g ...........................

M ar. 3 0 . . . .

O c t.

1 ....

25 00

447

G a rd e n S t a te S a v in g s B a n k ......................................................

G a r d e n .................................

A ug. 2 7 . . . .

153

G a y lo rd S ta te S a v in g s B a n k ....................................................

G a y l o r d ...............................

Feb.

7 ....

J u ly 1 1 . . . .

2 6 48

298

S t a te B a n k ........................................................................................

G la d w in ...............................

M ay

9 ....

O c t. 1 1 ___

25 00

249

G r a n d H a v e n S t a te B a n k ..........................................................

G r a n d H a v e n ...................

M ay

2 ....

O c t. 2 4 . . .

1 3 0 84

443

P e o p le s S a v in g s B a n k .................................................................

G r a n d H a v e n ...................

O c t.

3 ___

308

G r a n d L e d g e S t a te B a n k ............................................................

G r a n d L e d g e .....................

Jan.

3 ___

A ug. 1 7 . . . .

25 00

389

L o a n a n d D e p o s it B a n k ..............................................................

G r a n d L e d g e .....................

A p ril 1 8 . . . .

S e p t. 1 5 . . . .

276

C o m m e rc ia l S a v in g s B a n k .........................................................

G ra n d R a p i d s ...................

A p ril 2 5 . . . .

O c t. 10

316

C ity T r u s t a n d S a v in g s B a n k ..................................................

G r a n d R a p i d s ...................

M ar. 1 2 . . . .

O c t.

4 ..

67 37

61

G ra n d R a p id s S a v in g s B a n k .....................................................

G ra n d R a p i d s ...................

M ay 3 1 . . . .

D ec.

5 ....

2 6 3 97

S e p t. 1 9 . . . .

402

6 ___

25 00

25 21

47 31
2 3 3 07

K e n t S t a te B a n k ............................................................................

G ra n d R a p i d s ...................

A p ril 1 1 . . . .

M ich ig an T r u s t C o m p a n y ..........................................................

G r a n d R a p i d s ...................

S e p t.

108

P e o p le ’s S a v in g s B a n k .................................................................

G r a n d R a p i d s ...................

June 2 0 . .. .

N ov.

359

G ra n d v ille S t a te B a n k ................................................................

G r a n d v ille ..........................

Jan.

3 1 ....

J u l y 26

25 00

340

G r a n t S t a te B a n k ..........................................................................

G r a n t ....................................

A p ril

7 ....

O c t. 18

25 00

27

F a r m e r s ’ B a n k of G ra s s L a k e ..................................................

G ra s s L a k e ........................

Feb.

2 ....

J u ly 13

2 6 30

263

C o m m e rc ia l S t a te S a v in g s B a n k ............................................

G r e e n v il le ..........................
*

Jan. 1 9 ....

Aug.

8

32 48

188

G re e n v ille S t a te B a n k .................................................................

G r e e n v ille ...........................

Jan. 1 7 ....

Aug. 10

4 8 20

410

G w in n S t a te S a v in g s B a n k ............................... .......................

G w in n ..................................

M ar. 1 2 . . . .

A u g 27

25 00

435

H a m tr a m c k S t a te B a n k .............................................................

H a m t r a m c k ....................?

June

N ov. 1 0 . . . .

25 00

S u p e rio r T r u s t C o m p a n y ............................................................

H a n c o c k .............................

A u g . 29 . . .

34 45

326

E m m e t C o u n ty S t a te B a n k .......................................................

H a r b o r S p r in g s ...............

M a r. 21

25 00

254

H u r o n C o u n ty S a v in g s B a n k ...................................................

H a r b o r B e a c h ...................

M a y 17 .

412

S t a te B a n k of H a r b o r B e a c h ...................................................

H a r b o r B e a c h ...................

M ay 1 6 . . . .

355

S t a te S a v in g s B a n k ......................................................................

H a r r i s o n .............................

M ay 31

369

A lc o n a C o u n ty S a v in g s B a n k ..................................................

H a r r is v il l e ..........................

A pril 30

50

O c e a n a C o u n ty S a v in g s B a n k ..................................................

H a r t ......................................

Jan.

11

H a s tin g s C ity B a n k ......................................................................

H a s t i n g s .............................

F e b . 23

441

H e m lo c k S t a te B a n k ...................................................................

H e m lo c k .............................

.Tune

6 ___

2 ..

7 .

.

.

Oct.

95

N ov

7

220 91

27 74
25 00

O c t. 25

4

2

689 26
229 00

25 00
25 00
2 9 86
65 05

N ov. 2 3 . . . .

25 00

446

S t a te B a n k of H e s p e r i a ..............................................................

H e s p e r i a .............................

S e p t. 2 7 . . .

434

H ig h la n d P a r k S t a te B a n k .......................................................

H ig h la n d P a r k .................

June

2 .

O c t.

6

25 00

361

M o n tm o re n c y C o u n ty S a v in g s B a n k ....................................

H i l lm a n ...............................

M ay

3

Oct,. 94

25 00

260

F i r s t S t a te S a v in g s B a n k ..........................................................

H i l ls d a le .............................

F e b . 28

78

H ills d a le S a v in g s B a n k ...............................................................

H i l l s d a l e ......................

M ar

25 00

Aug

8

2

56

F i r s t S t a te B a n k of H o l l a n d .....................................................

H o l l a n d ...............................

M ay. 17 .

N o v . 21

91

H o lla n d C ity S t a te B a n k ............................................................

H o l l a n d ...............................

M ay 16. . ..

N ov. 2 8 . . . .


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

37 23
7 2 10
139 99
9 8 51

R E PO R T

OF T H E

lxi

COM MISSIONER.

Lists of banks examined.—Continued.
N a m e of b a n k .

L o c a tio n .

D a te se co n d
D a te firs t
e x a m in a tio n . e x a m in a tio n .

A m ount
p a id .

$30 62

322

P e o p le ’s S t a te B a n k .......................................................

H o l l a n d ...............................

M ar. 1 6 . . . .

O c t.

262

C itiz e n s’ S a v in g s B a n k ..................................................

H o l l y ....................................

M ay

O c t. 2 6 . . . .

25 00

106

F i r s t S t a te a n d S a v in g s B a n k ...................................

H o l l y ....................................

Feb. 1 4 . .. .

J u ly 19 —

5 7 75

M a r.

S e p t. 2 8 . . . .

25 00

2 ___

3 ....

432

H o lto n S t a te B a n k .........................................................

H o l t o n ..................................

255

C a lh o u n S t a te B a n k .......................................................

H o m e r ..................................

353

H o p k in s S t a te B a n k .......................................................

H o p k i n s ...............................

Jan. 2 7 ....

J u ly

7 ....

25 00

109

F i r s t S t a te a n d S a v in g s B a n k ...................................

H o w e ll.................................

Jan.

4 -----

J u ly 2 1 . . . .

2 5 00

3 ....

29 30

140

B o ies S t a t e a n d S a v in g s B a n k ..................................

H u d s o n ................................

Jan. 1 9 ....

J u ly 2 7 . . . .

59 42

143

T h o m p s o n S a v in g s B a n k ............................................

H u d s o n ................................

Jan. 1 7 ....

J u ly 2 5 . . . .

89 52

24

'L a p e e r C o u n ty B a n k .....................................................

I m l a y C i t y .........................

M ay

2 ___

S e p t. 2 8 ___

7 6 17

191

S t a te S a v in g s B a n k ........................................................

I o n i a .....................................

A p ril

5 ___

O c t. 1 7 ___

133 33
80 04

135

C o m m e rc ia l B a n k ............................................................

I r o n M o u n ta i n .................

M a r.

8 ___

A ug. 2 6 . . . .

12

P e n in s u la B a n k .................................................................

I s h p e m in g ..........................

M a r. 1 4 ___

A u g . 2 9 ___

8 4 94

150

I t h a c a S a v in g s B a n k .............................................. .......

I t h a c a ..................................

J u n e 1 8 ___

N ov.

7 ....

4 2 18

387

C e n tra l S t a te B a n k .........................................................

J a c k s o n ...............................

Jan. 2 2 ....

J u ly

2 -----

39 73

177

J a c k s o n C ity B a n k ..........................................................

J a c k s o n ...............................

J u n e 1 3 ___

N ov. 2 1 . .. .

218 41

186

J a c k s o n S t a te S a v in g s B a n k . . ...............................

J a c k s o n ...............................

J u n e 1 5 ___

N ov.

2 ....

133 53

14

U n io n B a n k ........................................................................

J a c k s o n ...............................

June 1 1 ....

O c t. 2 9 . . . .

241 17

115

G ro s v e n o r S a v in g s B a n k ......................... ....................

J o n e s v i l le ...........................

Jan. 1 9 ....

J u n e 1 5 ___

34 15

147

H o m e S a v in g s B a n k ......... .............................................

K a l a m a z o o ........................

Jan. 2 6 ....

J u ly 1 3 . . . .

77 14

1

K a la m a z o o C ity S a v in g s B a n k ..................................

K a l a m a z o o ........................

A p ril 1 1 . . . .

S e p t. 1 9 . . . .

324 61

257

K a lk a s k a C o u n ty S t a te a n d S a v in g s B a n k .........

K a l k a s k a .............................

A p ril 1 2 . . . .

O c t. 1 7 . . .

25 00

425

P e o p le s S t a te a n d S a v in g s B a n k .............................

K a l k a s k a .............................

M a r.

A ug. 1 5 -----

451

K e n t C ity S t a te B a n k ...................................................

K e n t C i t y ...........................

S e p t. 2 2 . . . .

7 ___

25 00
25 00

383

U n io n S t a t e B a n k ............................................................

L a i n g s b u r g ........................

M ar. 1 2 . . . .

S e p t. 2 4 ___

25 00

417

L a k e C ity S t a t e B a n k ...................................................

L a k e C i t y ...........................

M ar. 1 0 . . ..

A ug. 1 7 . . . .

25 00

283

F a r m e r s ’ a n d M e rc h a n ts ’ B a n k of L a k e O d e ssa

L a k e O d e s s a ......................

A p ril 2 8 . . . .

O c t. 1 2 . . . .

25 00

41

L a k e O d e ssa S t a te S a v in g s B a n k .............................

L a k e O d e s s a ......................

A p ril 2 8 . . . .

O c t. 1 3 . . . .

25 00
25 00

300

F a r m e r s ' a n d M e rc h a n ts ’ S t a t e B a n k ....................

L a k e v ie w ............................

Feb.

7 ....

J u ly 1 3 ___

445

A m e ric a n S a v in g s B a n k ...............................................

L a n s in g ...............................

Ju n e

2 ....

N ov. 1 7 . .. .

133

L a n s in g S t a te S a v in g s B a n k ......................................

L a n s i n g ...............................

Ju n e 2 0 . .. .

N ov.

271

L a p e e r S a v in g s B a n k ....................................................

L a p e e r .................................

M ay

3 ....

S e p t. 2 6 . . . .

32 82

117

S t a te S a v in g s B a n k ........................................................

L a p e e r .................................

A p ril

4 ....

O c t. 2 7 . . . .

4 9 58

201

S t a te S a v in g s B a n k of L a u r iu m ...............................

L a u r i u m ..............................

M a r. 2 1 ___

A u g . 2 4 ___

100 15

8 ■«People’s B a n k ...................................................................

L e s li e ....................................

Jan.

J u ly 2 0 . . . .

2 6 15
25 00

5 ....

5 ....

31 38
150 28

184

L e x in g to n S t a t e B a n k ........................ ..........................

L e x i n g t o n ..........................

M a y 1 0 . . ..

N ov.

408

L itc h fie ld S ta te S a v in g s B a n k ..................................

L itc h f ie ld ............................

Jan. 2 0 ....

A u g . 1 5 ___

25 00

360

C ity S t a te B a n k ...............................................................

L o w e l l ..................................

F eb. 2 8 . .. .

A ug. l l . . . .

2 5 00

111

L o w ell S t a t e B a n k ..........................................................

L o w e l l ..................................

J a n . 1 1 ___

J u l y 1 8 ___

32 47


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

7 ....

lxii

STA TE

BAN KING

D EPA R TM EN T.

Lists of banks examined.—Continued.
N o.

N a m e of b a n k .

L o c a tio n .

D a te f irs t
D a te se co n d
e x a m in a tio n . e x a m in a tio n .

A m ount
p a id .

239

L u d in g to n S t a te B a n k ................................................................

L u d i n g to n ..........................

M ay 2 3 . . . .

N o v . 29

130

A n tr im C o u n ty S t a te S a v in g s B a n k .....................................

M a n c e lo n a ..........................

A p ril l l . . . .

O c t. 18 .

30 80

242

P e o p le ’s B a n k of M a n c h e s t e r ...................................................

M a n c h e s te r ........................

Feb. 1 4 ...

J u l y 26

2 8 51

172

U n io n S a v in g s B a n k .....................................................................

M a n c h e s te r ........................

Feb.

J u l y 13

5 4 88

116

M a n is te e C o u n ty S a v in g s B a n k ..............................................

M a n is t e e .............................

M ay 2 4 .. :.

N o v . 28

153 33

7 ..

.

$65 0 3

21

M a n is tiq u e B a n k ............................................................................

M a n is t iq u e .........................

M ar. 1 2 . . . .

A ug. 2 0 . . . .

296

M a n to n S t a te B a n k ......................................................................

M a n to n ................................

M a r.

8 ___

A ug. 1 6 . . .

25 00

381

F i r s t S t a te S a v in g s B a n k ..........................................................

M a rc e llu s ............................

Feb.

9 ....

J u ly 1 1 . . .

2 5 00

7 ....

J u ly 1 1 . . . .

41 81

50 0 5

198

G . W . J o n e s E x c h a n g e B a n k ...................................................

M a rc e llu s .............................

Feb.

272

H o m e S a v in g s B a n k .....................................................................

M a rin e C ity ........................

Feb. 1 4 ....

J u ly 2 6 . . .

25 00

122

M a rin e S a v in g s B a n k ...................................................................

M a rin e C i ty ........................

Feb. 1 5 . .. .

J u l y 28 . . .

45 1 2
2 5 00

346

M a rio n S t a t e B a n k ........................................................................

M a rio n ..................................

A p ril 1 2 ___

S e p t. 19 . .

252

C o m m e rc ia l S t a te B a n k ..............................................................

M a r l e tt e ...............................

Feb. 2 3 . .. .

S e p t. 2 6 . . . .

40 7 8

338

S t a te S a v in g s B a n k ......................................................................

M a r l e tt e ...............................

M ar.

S e p t. 28 . .

25 00

100

M a rq u e tte C o u n ty S a v in g s B a n k ...........................................

M a r q u e t t e ..........................

M ar. 1 0 . . . .

Aug. 25 . .

1 1 7 42

137

C o m m e rc ia l S a v in g s B a n k .........................................................

M a rs h a ll..............................

Ju n e 2 3 . .. .

N n v . 21

22

F a r m e r ’s B a n k ................................................................................

M a s o n ..................................

Jan. l l . . . .

J u ly

6

31 75

107

F i r s t S t a te a n d S a v in g s B a n k ..................................................

M a s o n ..................................

Jan. 1 0 ..

J u ly

5

35 11

334

M e m p h is S t a t e B a n k ...................................................................

M e m p h is .............................

M ay

9 ...

N nv.

9

25 00

168

F i r s t S t a t e B a n k .............................................................................

M e n d o n ...............................

M a r.

8 ___

O c t.

4 .

25 0 0

324

C o m m e rc ia l B a n k ..........................................................................

M e n o m in e e ........................

M ar.

5 ....

A ug. 2 3 . . .

30 02

285

S t a t e B a n k ........................................................................................

M e r r il l . . .............................

M ay

5 ....

N o v . 29

25 0 0

423

M e ta m o ra S t a te S a v in g s B a n k ................................................

M e ta m o r a ...........................

M ay

4 ___

O c t. 1 8 .

25 00

274

F a r m e r s ’ S t a te B a n k ....................................................................

M id d le v ille .........................

Feb. 2 2 . . . .

S e p t.

87

M id la n d C o u n ty S a v in g s B a n k ................................................

M id la n d ...............................

Jan. 1 8 ....

J u ly 2 5 . . . .

27 90

309

P e o p le ’s S a v in g s B a n k .................................................................

M id la n d ...............................

Jan. 1 7 ....

J u ly 2 6 .

26 07

77

F a r m e r s ’ a n d M e rc h a n ts ’ B a n k ..............................................

M il a n ....................................

M ar.

S e p t. 28

34 43

288

M in d e n C ity S t a te B a n k ............................................................

M in d e n C i t y ......................

A p ril 5 . . .

O c t. 24

25 00

413

S t a te S a v in g s B a n k ......................................................................

M in d e n C i t y ......................

June 1 0 ....

O c t. 26

25 00

363

K e w e e n a w S a v in g s B a n k ...........................................................

M o h a w k ...............................

M ar. 1 9 . . . .

A ug. 2 7 . . .

25 00

318

B . D a n s a r d & S on’s S t a te B a n k .............................................

M o n ro e .................................

Jan. 3 1 ....

O c t.

4

5 6 31

321

M onroe S t a te S a v in g s B a n k .....................................................

M o n ro e ................................

Feb.

Aug.

9 .

2 7 24

202

W a k e fie ld S t a te B a n k .................................................................

M o re n c i...............................

M a r.

3 ....

A ug. 1 0 . . .

222

C itiz e n s ’ S a v in g s B a n k ................................................................

M t. C le m e n s ......................

Ju n e

8 ___

N o v . 2 1 ___

51

M t. C le m e n s S a v in g s B a n k .......................................................

M t. C le m e n s ......................

M a y 3 1 ___

158

U llric h S a v in g s B a n k ...................................................................

M t. C le m e n s ......................

June

1 ....

D ec.

5 ...

89 52

170

E x c h a n g e S a v in g s B a n k .............................................................

M t. P l e a s a n t ......................

Jan. 2 6 ....

J u ly

6 ___

45 55

J u ly

5 ....

9 ___

3 ___

1 ...

277

I s a b e lla C o u n ty S t a te B a n k .....................................................

M t. P l e a s a n t ......................

Jan. 2 5 ....

453

P e o p le s S t a te B a n k . . .................................................................

M u n is in g .............................

A ug. 2 4 . . .


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

7 ..

D ec. 12 .

98 97

39 4 3

51 28
84 16
1 4 6 54

45 79
2 5 00

R E PO R T

OF T H E

COM MISSIONER.

L is t s o f b a n k s e x a m in e d . — Continued.
N a m e of b a n k .

N o.

L o c a tio n .

D a t e se co n d
D a te firs t
e x a m in a tio n . e x a m in a tio n .

60

M u sk eg o n S a v in g s B a n k ............................................................

M u s k e g o n ...........................

M ar.

19

F a r m e r s ’ a n d M e rc h a n ts ’ B a n k ..............................................

N a s h v i ll e .............................

M ar. 2 8 . . . .

S e p t.

6 ___

311

S t a te S a v in g s B a n k ......................................................................

N a s h v i ll e .............................

M ar. 2 9 ___

S e p t.

7 ....

439

N e g a u n e e S t a te B a n k ..................................................................

N e g a u n e e ...........................

M ar. 1 2 . . . .

A ug. 2 7 . . . .

368

F i r s t S t a te B a n k ............................................................................

N e w a y g o .............................

F eb.

2 ....

J u ly 2 3 . . . .

399

N e w b e rry S t a te B a n k ..................................................................

N e w b e r r y ...........................

M ar.

9 ___

A ug. 2 4 . . . .

245

N ew H a v e n S a v in g s B a n k .........................................................

N ew H a v e n .......................

Feb. 2 3 . .. .

S e p t.

6 ___

240

N ile s C ity B a n k ..............................................................................

N i l e s ......................................

Jan. 2 5 ....

J u ly

7 ....

36

P io n e e r B a n k ...................................................................................

N o r th B r a n c h ...................

A p ril 3 0 . . . .

O c t. 1 7 . . . .

8 ___

S e p t. 2 7 . . . .

367

L a p h a m S t a te S a v in g s B a n k ...................................................

N o r t h v i l l e ..........................

Jan.

8 ....

J u l y 19 . . ..

145

N o r th v ille S t a te S a v in g s B a n k ................................................

N o r t h v i l l e ..........................

Feb. 2 4 . .. .

A ug. 1 3 . . . .

349

O n a w a y S t a te B a n k in g C o m p a n y ..................................

O n a w a y ...............................

A p ril

9 ....

N ov.

1 ....

280

O n a w a y S t a te S a v in g s B a n k ....................................................

O n a w a y ...............................

A p ril 1 1 . . . .

N ov.

1 ....

378

O n s te d S t a te B a n k ........................................................................

O n s t e d ..................................

Feb. 2 4 . .. .

S e p t. 2 7 . . . .

364

C itiz e n s S t a te S a v in g s B a n k ....................................................

O r i o n ....................................

Feb. 1 6 . .. .

A ug. 1 8 . . . .

190

O rio n S t a te B a n k ..........................................................................

O r i o n ....................................

Jan.

J u ly 2 0 . . . .

365

O tisv ille S t a te B a n k .....................................................................

O tis v ille ...............................

Feb. 1 5 . .. .

S e p t. 2 4 . . . .

373

F i r s t S t a te S a v in g s B a n k ...........................................................

O t s e g o ................. ................

Jan. 2 9 ....

J u ly 2 7 . . . .

5 ....

199

S t a te S a v in g s B a n k ......................................................................

O v i d ......................................

D ec. 31, ’09

J u ly 1 6 . . . .

185

C itiz e n s’ S a v in g s B a n k ................................................................

O w o s so .................................

Jan. 1 1 ....

J u ly 2 0 . . . .

112

O w osso S a v in g s B a n k ..................................................................

O w o s s o ................................

M a r.

A ug.

370

S t a te S a v in g s B a n k ......................................................................

O w o s s o ................................

Jan. 1 0 ....

J u ly 1 8 . . . .

2 ....

8 ___

328

F a r m e r s ’ S t a te B a n k ...................................................................

O x f o r d ..................................

M a r.

2 ....

A ug. 1 7 . . . .

34

O x fo rd S a v in g s B a n k ...................................................................

O x f o r d ..................................

Feb. 2 8 . .. .

A ug. 1 5 ___

59

P a w P a w S a v in g s B a n k ..............................................................

P a w P a w .............................

Feb.

O c t.

247

S t a te S a v in g s B a n k of P e c k .....................................................

P e c k ......................................

M ay 1 0 . . . .

O c t. 2 6 . . . .

132

S t a te B a n k of P e r r y .....................................................................

P e r r y ....................................

Jan. 2 5 ....

J u ly 1 3 . . . .

%3

H . C. M c L a ch lin & Co. S t a te B a n k ......................................

P e t e r s b u r g .........................

D ec. 1 2 . . . .

2 ....

3 ....

119

F i r s t S t a te B a n k ............................................................................

P e t o s k e y .............................

M ar. 2 2 . . . .

O c t. 1 1 ___

348

P ig e o n S t a t e B a n k ........................................................................

P i g e o n .............................

A p ril

O c t. 1 9 . . . .

400

P in c o n n in g S t a te B a n k ...............................................................

P in c o n n in g ........................

A p ril 2 6 . . . .

O c t. 1 2 . . . .

282

C itiz e n s ’ S t a te S a v in g s B a n k ...................................................

P l a in w e l l .............................

Ju n e

N ov.

99

P l y m o u th U n i t e d S a v in g s B a n k .............................................

P l y m o u t h ...........................

Feb. 2 1 ....
O c t. 1 9 . . . .

5 ___

3 ....

2 ....

A u g . 1 5 ___

456

P o m p e ii S t a te B a n k .....................................................................

P o m p e ii ...............................

275

A m e ric a n S a v in g s B a n k ..............................................................

P o n t i a c ................................

M ay 1 8 . . . .

N ov. 3 0 . . . .

146

F i r s t C o m m e rc ia l B a n k ..............................................................

P o n t i a c ................................

M ay 1 6 . . . .

N o v . 2 1 ___

149

O a k la n d C o u n ty S a v in g s B a n k ...............................................

P o n t i a c ................................

M ay 1 6 . . . .

D ec. 1 2 . . . .

211

P o n tia c S a v in g s B a n k .................................................................

P o n t i a c ................................

M ay 1 8 . . . .

N ov. 2 2 . . . .

75

Com m e re in 1 B a n k ..........................................................................

P o rt, H u r o n ........................

June 2 0 . .. .

N ov. 2 8 . . . .

F


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Federal Reserve Bank of St. Louis

STA TE

lxiv

BAN KING

D EPA R TM EN T.

L is t s o f b a n k s e x a m in e d . —Continued.
L o c a tio n .

N a m e of b a n k .

N o.

D a te se co n d
H a t e f irs t
e x a m in a tio n . e x a m in a tio n .

A m o u n t.
p a id .

375

G fiPm o/n-Am erienn S a y in g s R a n k ...........................................

P o r t H u r o n ........................

M ar. 1 6 ___

A ug. 1 5 ___

49

P ort, H u r o n S a v in g s H a n k .........................................................

P o r t H u r o n ........................

M ar. 1 4 ___

A u g . 1 6 ___

4 6 63

98

S f f!]flir (V>unty S a v in g s H a n k

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

P o r t H u r o n ........................

J u n e 1 3 ___

N ov. 2 9 . . . .

1 3 7 64

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

P o r t l a n d .............................

Feb.

7 ....

J u ly

5 ___

36 06

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

P o r t l a n d .............................

Feb.

9 ....

J u ly

6 ....

33 38

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

330

M aynarH -A llnn Sf.at.fi H a n k

385

W p h h er Stfif.fi S flvings H a n k

217

Q u in c y S t a te H a n k

09

$ 3 4 44

Q u in c y .................................

Jan. 1 9 ... .

J u ly 2 0 . . . .

25 00

..

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

R e a d i n g ...............................

M ay 1 8 . . . .

N ov.

8 ....

25 00

. .

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

R e e d C i t y ...........................

M a r. 2 1 . . . .

O c t.

4 ....

25 00

Staf.fi H a n k of H e a d in g

372

H o rn m errial S a v in g s H a n k

393

S t a te S a v in g s H a n k

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

R e m u s .................................

M ar. 2 2 ___

S e p t. 2 6 . . . .

25 00

206

M aco m b C o u n ty S a v in g s B a n k ...............................................

R ic h m o n d ( L e n o x P .O .)

M ar. 1 5 ___

O c t.

6 ....

5 0 48

429

H a n k of R iv e r d a le

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

R i v e r d a l e ............................

J u n e 2 3 ___

N ov.

9 ....

25 00

332

R iv e r R o u g e S a v in g s H a n k .

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

R iv e r R o u g e ......................

Feb.

J u ly

5 ___

25 00

224

R o c h e s te r S a v in g s H a n k

R o c h e s t e r ...........................

Feb. 2 6 ....

A u g . 1 0 ___

38 42

380

St.afe S a v in g s Rfl.nk

R o c h e s t e r ...........................

Feb. 1 6 . .. .

331

R o c k fo rd S t a te H a n k

R o c k f o r d .............................

A p ril 2 7 . . . .

O c t. 1 9 . . . .

2 5 00

R o g e rs C i t y .......................

A p ril 1 2 . . . .

O c t. 2 9 . . . .

25 00

R o m e o ..................................

Feb. 2 1 ....

S e p t.

7 ....

7 3 03

R o s c o m m o n ......................

A p ril 2 5 ___

O c t. 1 0 . . . .

2 5 00

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

354

P r e s q u e Tsle C o u n ty S a v in g s H a n k

194

R o m e o S a v in g s H a n k

371

Roscommon S t a t e H a n k

374

. .

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

1 ....

25 00

R o y a l O a k S a v in g s B a n k .........................................................

R o y a l O a k ..........................

Jan.

3 1 ___

7 ....

2 5 00

25

H a n k of S a g in a w

S a g in a w ...............................

Ju n e

6 ....

D ec. 1 9 . . . .

7 7 6 64

38

P e o p le ’s S a v in g s H a n k of H ast. S a g in a w .

S a g in a w ...............................

June

8 ....

D ec. 1 4 . . . .

122 89

84

S a g in a w C o u n ty S a v in g s H a n k

S a g in a w ...............................

M ay

2 ___

D ec. 1 2 . . . .

125 54

S a in t C h a rle s S t a te B a n k ...........................................................

S a in t C h a r le s ....................

A p ril 2 1 . . . .

S e p t. 1 2 . . . .

25 00

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

S a in t C la ir ..........................

M ar.

7 ___

J u ly 2 5 . . . .

50 08

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

S a in t J o h n s ........................

A p ril

6 ....

N ov. 1 9 . .. .

58 99

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

390

. .

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

29

C o m m e rc ia l a n d S a v in g s H a n k

39

C lin to n C o u n ty S a v in g s H a n k

-

J u ly

45

S t a te R a n k of S t. J o h n s

S a in t J o h n s ........................

M ar. 1 4 . . . .

O c t.

3 ....

5 6 24

31

U n io n H a n k in g C o m p a n y

S a in t J o s e p h ......................

M ar. 2 8 ___

O c t.

5 ....

58 35

42

C o m m ercial S a v in g s H a n k

S a in t L o u i s ........................

M ay

2 ___

N ov. 3 0 . .. .

38 3 ?

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

S a in t L o u i s ........................

M ay

4 ....

N o v . 2 1 ___

25 00

197

G r a ti o t C o u n ty S t a t e H a n k

265

T h e C itiz e n s ’ H a n k

395

S a lin e S a v in g s H a n k

231

S t a te H a n k of S a n d u s k y

200

T r u m a n Mo,ss S t a te H a n k

225

S a ra n a c S t a te H a n k

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

S a lin e ....................................

Jan. 1 1 . .. .

J u ly 2 0 ___

41 91

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

S a lin e ....................................

M ay 1 2 . . . .

O c t. 1 8 . . . .

25 00

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

S a n d u s k y ...........................

M ay

9 ....

O c t. 2 4 . . . .

26 09

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

S a n d u s k y ...........................

M ay 1 6 . . . .

O c t. 2 5 . . . .

25 00

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

S a r a n a c ...............................

M ar.

1 ....

A ug.

9 . . ..

31 18

350

F r u i t G ro w ers’ S t a te H a n k

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

S a u g a tu c k ..........................

M ay

4 ....

O c t. 2 6 ___

2 9 00

269

C e n tra l S a v in g s H a n k

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

S a u lt S te . M a rie ..............

M a r.

8 ....

A ug. 2 3 . . . .

4 4 36

.............. *............................

S a u lt S te . M a r i e .............

M a r.

7 ....

A ug. 2 2 ___

73 55

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

S c h o o l c r a f t ........................

A p ril 3 0 . . . .

O c t. 1 7 . . . .

25 00

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

S e o t tv i ll e ............................

A p ril

O c t. 1 7 . . . .

25 00

54

Sa.nlt S a v in g s H a n k

407

K a la m a z o o C o u n ty S t a te H a n k

204

S t a te S a y in g s H a n k of S e o ttv ille


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Federal Reserve Bank of St. Louis

5 ....

/

REPO RT
L is t s

N o.

of

OF T H E

COM MISSIONER.

b a n k s e x a m in e d . —

N a m e of b a n k .

lx v

I

Continued.

L o c a tio n .

D a te seco n d
D a te firs t
e x a m in a tio n . e x a m in a tio n .

A m o u n t.
p a id .

1
1

251

S e b e w a in g S t a te B a n k ................................................................

S e b e w a in g ..........................

Feb.

$25 00

1

398

C e n tra l S t a te S a v in g s B a n k .....................................................

S h e p e r d ...............................

M ar. 2 3 . . . .

O c t.

3 ....

25 00

1

175

C o m m e rc ia l S t a te B a n k ..............................................................

S h e p e r d ...............................

M ar. 2 3 . . . .

O c t.

4 ___

25 00

1

430

S t a te S a v in g s B a n k ......................................................................

S h e r w o o d ...........................

Feb.

9 ....

J u ly 2 7 . . . .

2 5 00

1

327

S o u th G r a n d R a p id s S t a t e B a n k ...........................................

S o u th G r a n d R a p i d s . . .

M a r.

5 ....

S e p t. 2 4 ___

30 98

1

148

C itizen s’ S t a te B a n k .....................................................................

S o u th H a v e n ....................

Feb.

9 ....

J u ly 1 3 . . . .

48 72

1
I

8 ....

J u ly 1 3 . . . .

71

F i r s t S t a te B a n k ............................................................................

S o u th H a v e n ....................

Feb.

8 ....

J u ly 1 2 . . . .

51 64

306

S t a te S a v in g s B a n k ......................................................................

S o u th L y o n ........................

Jan.

5 ....

June

8 ....

2 5 00

1

278

S o u th R a n g e B a n k ........................................................................

S o u th R a n g e .....................

M a r. 2 2 ___

A ug. 2 7 . . . .

56 73

I

207

S p a r ta S t a te B a n k ........................................................................

S p a r t a ..................................

Jan.

6 ___

J u ly 2 0 . . . .

29 97

1

1

404

S p rin g p o rt S t a te S a v in g s B a n k ..............................................

S p r in g p o r t..........................

Feb. 1 9 . .. .

A ug. 1 3 ___

2 5 00

I
1
I

279

S t a te B a n k ........................................................................................

S t a n d i s h ..............................

A p ril 2 5 . . . .

O c t. 1 2 . . . .

30 22

I
1

243

S t a te S a v in g s B a n k ......................................................................

S t a n t o n ...............................

Jan. 2 0 ....

A ug.

6 ___

25 0 0

I

270

B a n k of S t e p h e n s o n .....................................................................

S t e p h e n s o n ........................

M a r.

A ug. 2 4 . . . .

25 00

392

S to c k b rid g e S t a te B a n k ..............................................................

S to c k b rid g e .......................

M ay 2 8 . . . .

O c t.

1 ....

2 5 00

1
I

1

134

C itizen s’ S t a te B a n k .....................................................................

S t u r g i s .................................

Jan. 2 6 ....

J u ly

5__

4 8 79

1
I
1
1

290

L e e la n a u C o u n ty S a v in g s B a n k ..............................................

S u tto n ’s B a y ....................

M a r. 3 0 . . . .

A ug. 2 2 . . . .

2 5 00

151

L ille y S t a te B a n k ..........................................................................

T e c u m s e h ...........................

Feb.

8 ....

J u ly 1 1 . . . .

2 6 49

T e c u m s e h S t a te S a v in g s B a n k ................................................

T e c u m s e h ...........................

Feb.

9 ___

J u ly 1 1 . . . .

42 15

F i r s t S t a t e B a n k ............................................................................

T e k o n s h a ............................

Jan. 1 8 ....

J u ly

6 ....

2 5 00

F i r s t S t a te S a v in g s B a n k ...........................................................

5 8 59

156
258

7 ....

K
1
1

T h r e e R i v e r s .....................

Jan

3 1 ....

J u ly 1 1 . . . .

266

P e o p le ’s S a v in g s B a n k .................................................................

T r a v e r s e C i t y ...................

M ar. 2 8 . . . .

A ug. 2 2 . . . .

54 81

138

T r a v e r s e C ity S t a te B a n k ..........................................................

T r a v e r s e C i t y ...................

M ar. 2 9 . . . .

A ug. 2 4 . . . .

207 48

1

341

S t a te S a v in g s B a n k ..................................................... % ............

T u r n e r ..................................

M ay

7....

O c t. 2 6 . . . .

25 00

1

289

S t a te S a v in g s B a n k ......................................................................

U n io n v ille ..........................

Feb.

9 ....

J u l y 1 4 ___

25 00
2 6 44

120

1

241

B a n k of V a s s a r ...............................................................................

V a s s a r ..................................

M a r.

9 ....

S e p t.

8 ....

I

192

S t a te Sa v in g s B a n k ......................................................................

V a s s a r ..................................

Feb. 2 4 . .. .

S e p t.

7 ....

34 50

1

377

B a r b e r S t a te B a n k ........................................................................

V e r m o n tv ille .....................

M ar. 3 0 . . . .

O c t. 1 7 . . . .

25 00

N ov.

2 5 00

1

344

F a r m e r s S t a te B a n k .....................................................................

V ic k s b u r g ...........................

M ay

I

317

F i r s t S t a te B a n k ..........................................................................

V ic k s b u r g ...........................

M ay 1 0 . . . .

O c t. 3 1 . . . .

30 67

1

401

S t a te S a v in g s B a n k ......................................................................

W a r r e n ................................

Jan. 2 9 ....

J u ly

2 ....

2 5 00

1

440

W a s h in g to n S a v in g s B a n k ........................................................

W a s h i n g t o n ......................

M ay 1 2 . . . .

N ov.

1 ....

25 00

1

284

W a y la n d S t a t e B a n k ...................................................................

W a y l a n d .............................

Jan. 2 9 ....

J u ly 2 1 . . . .

2 5 00

9 ....

1 ....

1

105

W a y n e S a v in g s B a n k ...................................................................

W a y n e .................................

Jan. 2 9 ....

J u ly 1 1 . . . .

5 4 08

1

415

F a r m e r s S t a te B a n k .....................................................................

W e b b e r v ille .......................

M ar.

3 ....

A ug. 1 6 . . . .

25 00

I

382

W e s tp h a lia S t a te B a n k ...............................................................

W e s t p h a li a ........................

Feb.

8 ....

J u ly

1

455

F irst. S t a te B a n k ..........................................................................

W h ite C lo u d ......................

O c t. 1 8 . . . .

1

250

S t a te B a n k of W h i t e h a l l ............................................................

W h i t e h a l l ...........................

M ay

1

294

F a r m e r s ' S a v in g s B a n k ...............................................................

W h ite P i g e o n ...................

Jan. 2 9 ....

I


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Federal Reserve Bank of St. Louis

3 ___

7 ....

25 00
2 5 00

O c t. 2 6 . . . .

25 00

J u ly

25 00

9 ....

STA TE

lxvi

BAN KING

D EPA R TM EN T.

List of banks examined.—Continued.
L o c a tio n .

D a te se co n d
D a t e f irs t
e x a m in a tio n . e x a m in a tio n .

A m o u n t.
p a id .

N o.

N a m e of b a n k .

438

Orossm a.n a n d W ill in,m a S ta t e R a n k .....................................

W il l ia m s t o n ......................

June

2....

N ov.

35

W illia m s to n S t a te B a n k .............................................................

W il l ia m s t o n ......................

Jan.

4 ....

J u l y 1 8 ___

35 30

329

W o lv e rin e S t a te S a v in g s B a n k ................................................

W o lv e r in e ..........................

M ay

5 ___

O ct

1 0 ....

25 00

166

F i r s t C o m m e rc ia l a n d S a v in g s B a n k ....................................

W y a n d o t t e ........................

M a r.

1 ___

A ug.

8 ....

37 80

64

W y a n d o tte S a v in g s B a n k ..........................................................

W y a n d o t t e ........................

Feb. 2 8 . .. .

S e p t. 2 8 ___

9 9 52

227

Y a le S t a te B a n k ............................................................................

Y a l e ......................................

M ay 1 1 -----

S e p t. 2 9 . . . .

29 9 6

86

Y p s ila n ti S a v in g s B a n k ..............................................................

Y p s i la n t i .............................

M a y 3 1 ___

O c t.

5 ....

74 43

307

S t a te fln m m e rc ia l a n d S a v in g s B a n k

Z e e la n d ...............................

A p ril 2 3 . . . .

N ov. 3 0 . . . .

25 12

226

Z e e la n d S t a t e B a n k ......................................................................

Z e e la n d ...............................

A pril 2 5 . . . .

N ov. 2 3 . . . .

9 0 30

..........

3 ....

$25 00

December 31, 1910.
Hon. H. M. Zimmermann, Commissioner of tbe Banking Department,
Lansing, Michigan:
Dear Sir—In accordance with your request we have examined the re­
ports of the several state banks and trust companies on file with your
department and find that the amounts of the fees turned over by you
to this department with your letters of November 10, 1910, November
16, 1910, November 23, 1910, November 30, 1910, December 15, 1910,
December 22, 1910, and December 28, 1910, are correct in accordance
with the provisions of Section 40 of the Banking Law.
Very truly yours,
J. W. H a a r e r ,
Deputy State Treasurer.


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Federal Reserve Bank of St. Louis

ABSTRACTS OF REPORTS


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

lxviii

STA TE

B AN KING D EPA R TM EN T.

COMPARATIVE ABSTRACTS (STATE BANKS).
C o m p a r a tiv e a b str a c ts, g iv in g the v o lu m e o f b u s in e s s a s sh o w n b y th e la s t r e p o r ts o f M ic h i­
g a n S ta te b a n k s c a lle d fo r i n th e y e a r s 1 8 8 9 , 1 8 9 0 , 1 8 9 1 , 1 8 9 2 , 1 8 9 8 , 1 8 9 4 , 1 8 9 5 , 1 8 9 6 ,
1897, 1898, 1899, 1900, 1901, 1902, 1903, 1904, 1905, 1906, 1907, 1908, 1909, and 1910
a s m a d e to th e C o m m is s io n e r o f th e B a n k in g D e p a r tm e n t.
D ecem ber ■
1 1 ,1 8 8 9 ,
90 ban k s, 2
tru s t
c o m p a n ie s.

R e s o u rce s .

L o a n s a n d d is c o u n ts .................................... $ 2 2 ,6 2 4 ,6 6 7 12

D ecem ber
19, 1890,
106 b a n k s , 2
tru s t
c o m p a n ie s.

D ecem ber
2, 1891,
121 b a n k s , 3
tru s t
c o m p a n ie s.

D ecem ber
9 ,1 8 9 2 ,
138 b a n k s , 3
tru s t
c o m p a n ie s.

D ecem ber
1 9 ,1 8 9 3 ,
159 b a n k s , 3
tru s t
c o m p a n ie s.

$ 2 7 ,6 2 8 ,1 4 5 16

$ 3 0 ,5 4 3 ,9 5 9 76

$ 3 8 ,8 8 3 ,8 9 2 66

$ 3 2 ,4 0 2 ,8 7 4 53

S to c k s, b o n d s a n d m o r t g a g e s .................

1 5 ,6 4 5 ,0 3 1 54

1 8 ,8 4 6 ,6 8 7 08

2 1 ,3 0 8 ,9 1 3 14

2 6 ,8 4 3 ,1 8 3 47

2 4 ,8 0 4 ,3 6 7 45

O v e r d r a f ts .........................................................

1 6 5 ,3 1 5 19

1 8 3 ,6 4 5 30

1 9 5 ,6 1 8 49

2 2 2 ,5 4 9 92

2 0 6 ,5 3 7 17

B a n k in g h o u s e , f u r n i tu r e a n d f i x t u r e s .

5 2 3 ,4 6 6 20

7 1 4 ,3 1 3 50

9 4 1 ,1 9 1 77

1 ,2 7 4 ,4 1 5 65

1 ,5 1 7 ,1 4 6 91
6 4 7 ,8 2 4 26

O th e r r e a l e s t a t e ...........................................

2 5 3 ,7 8 2 59

3 1 1 ,4 7 6 52

3 5 0 ,3 8 1 69

6 9 2 ,4 1 2 41

E x p e n s e s a n d t a x e s p a i d ..........................

2 7 6 ,6 2 4 57

2 6 6 ,1 1 4 72

3 0 7 ,3 8 6 48

3 6 4 ,0 8 8 85

3 9 5 ,2 0 7 14

I n t e r e s t p a id ....................................................

2 1 0 ,8 7 2 79

2 1 7 ,1 3 0 03

1 4 5 ,4 8 2 78

2 7 1 ,4 2 6 84

3 5 2 ,7 0 1 34

D u e fro m b a n k s in re s e r v e c itie s ...........

5 ,1 8 2 ,2 4 1 12

5 ,7 1 2 ,0 2 8 27

7 ,4 8 1 ,8 8 5 31

9 ,4 3 5 ,4 5 2 69

7 ,5 3 6 ,0 2 4 09

D u e fro m o t h e r b a n k s a n d b a n k e r s . . .

2 9 8 ,9 4 2 90

3 7 1 ,8 0 8 62

4 6 8 ,1 6 2 59

5 2 6 ,8 1 6 22

4 5 0 ,1 0 0 31

E x c h a n g e s f o r c le a rin g h o u s e .................

2 0 0 ,0 2 4 37

1 5 2 ,7 2 3 76

319 354 22

3 0 6 ,5 2 1 91

2 4 6 ,4 1 6 43

C h eck s a n d c a sh i t e m s ............ ..................

1 5 0 ,2 5 2 88

3 0 8 ,0 1 8 92

2 4 2 ,2 1 3 13

2 0 9 ,6 6 2 16

3 0 2 ,0 9 6 21

N ic k e ls a n d c e n ts ..........................................

1 1 ,7 2 0 48

1 1 ,0 4 7 14

1 5 ,6 3 0 82

1 8 ,3 8 2 5 6

2 4 ,1 0 2 73

3 9 6 ,8 2 7 00

4 8 3 ,5 6 4 49

8 4 9 ,6 5 6 57

1 ,0 3 9 ,9 3 2 42

1 ,6 9 8 ,7 4 7 47

P r e m iu m s p a id ...............................................

G o ld c o in .......................................................
S ilv e r c o in .............................................
U n ite d S t a te s a n d N a tio n a l b a n k
n o t e s .........................................

1 7 1 ,6 6 6 15

1 6 7 ,9 2 5 17

2 1 5 ,0 5 4 78

2 9 3 ,8 1 8 72

2 5 9 ,1 1 9 76

1 ,2 4 2 ,8 4 3 00

1 ,5 7 5 ,8 1 7 00

1 ,8 0 7 ,0 8 1 00

2 ,2 6 6 ,9 7 7 00

2 ,3 1 2 ,8 5 1 00

$ 4 7 ,3 5 4 ,2 7 7 90

$ 5 6 ,9 5 0 ,3 9 5 68

$ 6 5 ,1 9 1 ,9 7 2 53

$ 8 2 ,6 4 9 ,5 3 3 48

$ 7 3 ,1 5 6 ,1 1 6 80

C a p ita l s to c k p a id i n .................................

$ 7 ,2 5 4 ,5 5 9 10

$ 8 ,4 6 0 ,8 3 5 00

$ 9 ,5 2 2 ,4 2 0 00

$ 1 1 ,1 0 9 ,8 2 7 59

$ 1 2 ,3 1 1 ,0 4 1 98

S u r p lu s f u n d ....................................................

1 ,1 3 2 ,3 2 9 90

1 ,5 0 2 ,8 4 9 44

1 ,7 0 4 ,2 4 8 31

2 ,1 2 4 ,4 8 7 81

2 ,4 4 3 ,9 0 6 07

G ro ss u n d iv id e d e a rn in g s ........................

1 ,6 7 9 ,9 2 5 61

1 ,9 1 2 ,3 0 0 21

2 ,1 6 9 ,5 3 2 72

2 ,5 3 4 ,0 1 5 14

2 ,6 3 9 ,5 7 4 57

T o t a l s ................................................

L ia b ilitie s .

D iv id e n d s u n p a i d .....................................
I n d iv id u a l d e p o s it s .............................
C e rtific a te s of d e p o s it ...............................

2 ,5 7 1 63

6 ,2 3 4 60

2 ,1 5 8 87

5 ,7 3 9 37

1 8 ,0 8 1 02

7 ,8 7 9 ,5 8 6 71

9 , 3 0 0 ,3 9 3 00

1 1 ,7 5 0 ,8 4 1 68

1 6 ,9 4 8 ,8 0 3 62

1 4 ,5 2 9 ,9 4 2 64

4 ,4 5 2 ,0 8 1 74

6 ,0 5 4 ,7 2 4 25

6 ,7 4 6 ,1 8 7 18

9 ,6 3 2 ,9 1 8 47

6 ,6 8 6 ,8 9 5 92

2 3 ,6 6 9 ,0 3 0 20

2 7 ,7 7 9 ,1 3 6 09

3 1 ,1 8 6 ,3 0 3 14

3 7 ,9 0 9 ,0 1 0 12

3 2 ,2 1 6 ,0 6 7 08

C e rtifie d c h e c k s ...............................

2 9 ,9 8 7 61

4 0 ,4 5 0 9 3

3 7 ,5 4 1 35

6 7 ,9 8 1 89

4 2 ,0 7 6 74

C a s h ie r 's c h e ck s o u t s t a n d in g ...................

2 1 ,0 9 7 5 7

5 ,8 0 2 67

3 0 ,5 9 4 71

3 6 ,4 4 5 82

2 9 ,0 3 1 78

D u e t o b a n k s a n d b a n k e r s ........................

8 0 9 ,6 7 8 07

1 ,3 2 5 ,1 0 3 37

1 ,5 9 9 ,2 2 4 96

1 ,8 6 9 ,5 6 3 31

1 ,4 3 7 ,3 6 0 49

N o te s a n d b ills r e d i s c o u n te d ...................

3 8 6 ,4 2 9 76

5 1 7 ,8 6 6 12

3 9 1 ,7 1 9 61

2 7 9 ,3 9 0 41

6 5 4 ,1 0 0 98

B ills p a y a b le ....................................................

3 7 ,0 0 0 00

4 4 ,7 0 0 00

5 1 ,2 0 0 00

1 3 1 ,3 4 9 93

1 4 8 ,0 3 7 53

$ 5 6 ,9 5 0 ,3 9 5 68

$ 6 5 ,1 9 1 ,9 7 2 53

$ 8 2 ,6 4 9 ,5 3 3 48

$ 7 3 ,1 5 6 ,1 1 6 80

S a v in g s d e p o s its ............................................

S t a te m o n ie s o n d e p o s it .............................

L ia b ilitie s o t h e r t h a n a b o v e s t a t e d ___

T o t a l s ...................................................


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

j$ 4 7 ,3 5 4 ,2 7 7
1

90

REPO RT

OF T H E

D ecem ber
1 9 ,1 8 9 4 ,
164 b a n k s , 4
tru s t
c o m p a n ie s.

lxix

(S ta te B a n k s ) .—Continued.

C o m p a r a tiv e a b str a c ts

R e s o u rc e s .

COM MISSIONER.

D ecem ber
1 3 ,1 8 9 5 ,
169 b a n k s , 4
tru st
c o m p a n ie s.

D ecem ber
1 7 ,1 8 9 6 ,
173 b a n k s , 3
tru st
c o m p a n ie s.

D ecem ber
15, 1897,
177 b a n k s , 3
tru s t
c o m p a n ie s.

D ecem ber
1, 1898,
182 b a n k s , 3
tru s t
c o m p a n ie s.

L o a n s a n d d is c o u n ts ....................................

,3 2 0 ,1 3 8 74

5 4 0 ,1 7 9 ,9 3 3 36

$ 3 6 ,9 8 2 ,4 4 0 70

$ 3 8 ,6 0 1 ,9 4 9 09

$ 4 1 ,3 8 4 ,0 7 5 83

S to c k s, b o n d s a n d m o r t g a g e s .................

,5 1 6 ,6 0 1 07

2 7 ,8 5 2 ,3 0 1 82

2 8 ,4 5 1 ,4 4 7 71

3 1 ,9 2 6 ,9 3 8 07

3 7 ,4 5 3 ,6 8 9 9 3

O v e r d r a f ts ........................................................

1 9 2 ,4 1 5 39

2 2 4 ,0 6 6 95

1 9 9 ,4 6 8 95

2 2 7 ,6 2 4 36

2 9 8 ,7 6 2 48

B a n k in g h o u s e , f u r n i tu r e a n d f ix tu re s .

,6 9 4 ,9 9 2 89

1 ,7 5 8 ,1 3 9 62

1 ,8 1 4 ,7 2 4 74

1 ,8 2 0 ,6 3 9 66

1 ,9 0 6 ,0 9 6 9 6

O th e r r e a l e s t a t e ...........................................

7 1 9 ,1 5 0 15

8 8 2 ,4 7 3 08

1 ,2 3 7 ,1 8 3 41

1 ,5 9 3 ,8 0 3 10

2 ,0 5 4 ,8 9 1 06

E x p e n s e s a n d t a x e s p a i d ..........................

4 0 3 ,5 7 5 78

I n te r e s t p a id ....................................................

3 1 2 ,7 5 8 62

D u e fro m b a n k s in r e s e rv e c itie s ...........

2 3 ,4 9 3 99

2 6 ,2 1 3 98

4 1 ,7 0 8 51

4 7 ,3 3 3 15

9 ,5 2 7 ,9 1 0 70

1 0 ,6 8 9 ,6 3 1 08

H , 4 6 0 ,8 5 3 39

1 5 ,6 5 6 ,0 0 8 52

•

P r e m iu m s p a id ...............................................
,6 5 3 ,0 1 2 05

D u e fro m o t h e r b a n k s a n d b a n k e r s . . .

3 6 1 ,6 6 8 44

3 9 2 ,5 8 2 07

4 8 1 ,7 8 7 89

8 3 7 ,5 8 4 03

8 9 3 ,1 9 2 24’

E x c h a n g e s fo r c le a rin g h o u s e .................

3 5 2 ,7 2 5 79

3 6 0 ,4 7 3 16

4 2 9 ,3 3 4 91

3 9 6 ,4 5 4 61

4 1 8 ,3 7 2 26

C h eck s a n d c a sh i t e m s ...............................

2 1 3 ,0 7 6 23

3 7 7 ,0 4 7 46

2 8 5 ,1 5 1 36

2 9 5 ,9 0 7 52

3 4 1 ,8 3 5 45

N ic k e ls a n d c e n ts ..........................................

2 6 ,8 4 0 53

2 0 ,3 8 4 28

2 2 ,4 0 7 73

2 2 ,5 4 3 68

2 4 ,2 8 3 5 8

G o ld c o in ...........................................................

,6 8 3 ,7 3 9 65

2 ,0 2 8 ,4 8 3 58

2 ,2 8 6 ,0 7 6 60

2 ,2 7 3 ,6 8 5 90

2 ,4 4 8 ,1 2 2 25

S ilv e r c o in .........................................................
U n ite d S t a te s a n d N a tio n a l b a n k
n o t e s ..............................................................

2 6 9 ,0 3 2 24

2 7 7 ,6 1 8 SO

2 8 9 ,3 8 0 11

3 0 7 ,6 6 3 09

3 8 7 ,6 8 4 17

,1 5 2 ,4 2 1 00

2 ,0 6 5 ,7 8 1 00

2 ,5 3 0 ,8 1 6 00

2 ,5 9 0 ,1 8 0 00

2 ,7 5 4 ,7 1 1 0 0

5 ,8 7 2 ,1 4 8 57

5 ,9 7 0 ,6 8 9 87

$ 8 5 ,6 8 6 ,0 6 5 17

$ 9 5 ,3 9 7 ,5 3 5 01

$ 1 0 6 ,0 6 9 ,0 5 8 88

C a p ita l s to c k p a id i n ............................

6 0 0 ,8 2 0 00

$ 1 2 ,5 1 8 ,1 1 7 21

$ 1 2 ,4 5 8 ,2 7 5 00

$1 2 , 010,200 00

$ 1 2 ,0 0 3 ,6 0 0 00

S u rp lu s f u n d ............................................

5 8 9 ,0 5 2 49

2 ,7 3 5 ,7 5 5 49

2 ,8 7 6 ,3 2 2 12

2 ,9 8 6 ,6 5 0 27

2 ,9 8 1 ,3 8 2 73

G ro s s u n d iv id e d e a rn in g s ...................

6 9 8 ,3 8 7 31

* 2 ,1 1 2 ,9 3 3 75

* 2 ,0 4 2 ,3 4 1 06

* 1 ,9 2 7 ,4 9 8 49

* 1 ,9 5 8 ,5 3 1 34

T o ta ls .

L ia b ilitie s .

D iv id e n d s u n p a i d ................. ................
In d iv id u a l d e p o s it s .................................

1 7 ,6 9 6 03

2 3 ,5 3 9 94

1 4 ,6 2 9 00

1 6 ,4 3 0 88

8 ,2 0 4 48

4 7 6 ,1 0 3 85

1 6 ,5 6 2 ,7 5 5 06

1 5 ,2 7 4 ,2 6 5 98

1 8 ,0 2 5 ,5 7 8 88

2 0 ,5 9 9 ,9 0 4 56

C e rtific a te s of d e p o s it ..........................

0 2 4 ,6 7 6 13

8 ,3 6 4 ,5 6 0 85

7 ,5 3 0 ,5 9 2 54

8 ,5 7 6 ,5 8 7 67

9 ,7 8 2 ,6 4 6 49

S a v in g s d e p o s its ......................................

9 3 9 ,9 5 7 25

4 1 ,1 9 2 ,4 8 3 54

4 2 ,0 5 5 ,8 5 2 60

4 8 ,0 7 6 ,2 8 2 71

5 4 ,1 0 5 ,9 8 1 76

C e rtifie d c h e c k s ......................................

6 5 ,5 8 3 23

8 5 ,9 7 0 78

1 4 0 ,2 2 0 18

6 7 ,2 4 6 32

1 1 1 ,9 0 3 86

C a s h ie r ’s c h e ck s o u t s t a n d in g ...........

2 4 ,9 7 4 06

3 3 ,8 2 8 85

2 2 ,8 3 4 67

1 3 ,7 7 1 80

1 9 ,7 2 3 43

D u e t o b a n k s a n d b a n k e r s ................

0 0 7 ,7 7 3 87

1 ,9 3 6 ,6 1 5 12

2 ,4 4 1 ,4 5 6 29

3 ,6 4 7 ,2 5 3 47

4 ,4 2 0 ,4 2 5 42

N o te s a n d b ills r e d i s c o u n te d ..............

3 5 4 ,0 5 9 88

3 5 9 ,1 2 9 28

2 7 3 ,0 7 5 73

3 6 ,8 8 6 14

B ills p a y a b le .................................-.............

7 3 ,0 6 4 47

4 5 ,0 0 0 00

3 2 ,0 0 0 00

1 3 ,1 4 8 38

S t a te m o n ie s o n d e p o s it......................

L ia b ilitie s o th e r t h a n a b o v e s ta t e d .

T o t a l s ..................................................

5 2 4 ,2 0 0 00

,8 7 2 ,1 4 8 57

5 ,9 7 0 ,6 8 9 87

♦ U n d iv id e d e a rn in g s , le s s c u r r e n t e x p e n se s, i n te r e s t a n d t a x e s p a id .


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

$ 8 5 ,6 8 6 ,0 6 5 17

5 1 ,7 5 4 81
.

2 5 ,0 0 0 00

I
$ 9 5 ,3 9 7 ,5 3 5 01

$ 1 0 6 ,0 6 9 ,0 5 8 88

STA TE

lx x

B AN KING

D EPA RTM EN T.

Comparative abstracts

R e s o u rce s .

D ecem ber
2, 1899,
187 b a n k s , 3
tru s t
c o m p a n ie s.

D ecem ber
13, 1900,
192 ban k s, 3
tru st
c o m p a n ie s.

D ecem ber
10, 1901,
213 ban k s, 3
tru s t
c o m p a n ie s.

N ovem ber
25, 1902,
228 b a n k s , 4
tru s t
c o m p a n ie s.

N ovem ber
1 7 ,1 9 0 3 ,
242 s ta t e
b anks, 4 tru s t
c o m p a n ie s,
1 s o c ie ty
fo r sa v in g s .

L o a n s a n d d is c o u n t s ........................

$ 5 0 ,2 7 2 ,9 3 6 26

$ 5 3 ,1 6 1 ,0 2 4 07

$ 6 1 ,7 0 6 ,1 1 2 90

$ 7 1 ,0 2 9 ,7 2 7 87

$ 7 6 ,0 1 3 ,9 3 7 01

S to c k s, b o n d s a n d m o r t g a g e s . . .

4 3 ,4 2 0 ,8 0 4 26

4 6 ,4 9 5 ,5 0 5 41

5 5 ,9 0 3 ,4 7 2 79

6 2 ,7 1 8 ,8 8 9 40

6 6 ,3 1 7 ,1 8 5 97

O v e r d r a f ts ............................................
B a n k in g h o u se , f u r n i tu r e a n d fixt u r e s ....................................................

3 3 4 ,5 2 6 17

2 4 2 ,6 5 0 61

2 4 4 ,6 7 5 75

2 9 8 ,1 2 4 85

3 0 1 ,9 2 1 98

2 ,0 7 5 ,4 2 5 01

2 ,2 4 5 ,9 8 2 87

2 ,3 3 1 ,1 0 4 32

2 ,4 2 8 ,7 7 9 83

2 ,7 4 7 ,3 8 3 27

O th e r r e a l e s t a t e ...............................

. 2 ,0 3 2 ,3 6 6 69

2 ,0 6 0 ,5 9 9 30

1 ,7 6 4 ,5 4 7 92

1 ,7 4 0 ,3 0 5 79

1 ,6 5 5 ,9 7 8 73

E x p e n s e s a n d t a x e s p a i d ..............

2 1 3 ,7 4 7 47

• 3 3 7 ,0 4 3 17

3 2 3 ,5 0 5 22

2 9 5 ,3 7 3 97

2 6 4 ,6 0 8 79

D u e fro m b a n k s in re s e r v e c it i e s .
D u e fro m o th e r b a n k s a n d b a n k e r s .......................................................

1 4 ,3 9 5 ,1 3 8 44

1 6 ,3 0 4 ,2 0 0 53

1 9 ,3 3 4 ,2 3 9 13

1 9 ,5 6 6 ,8 7 6 95

2 0 ,4 5 5 ,4 8 2 9 3

9 9 9 ,2 6 7 91

1 ,1 5 4 ,9 1 1 42

1 ,5 9 7 ,7 1 4 10

1 ,8 1 8 ,5 2 8 06

1 ,3 6 3 ,6 1 4 21

E x c h a n g e s fo r c le a rin g h o u s e -----

4 5 1 ,8 0 9 45

4 2 2 ,4 1 5 20

9 0 6 ,7 5 4 45

6 4 3 ,1 6 8 60

6 2 8 ,3 2 6 9 8

C h eck s a n d c a sh i t e m s ...................

3 8 5 ,6 1 7 28

3 2 0 ,1 9 7 45

3 4 3 ,5 8 0 67

5 3 1 ,3 1 8 02

4 1 8 ,1 5 8 14

N ic k e ls a n d c e n ts ..............................

2 6 ,8 4 4 79

3 0 ,5 0 7 54

3 3 ,3 3 6 21

4 5 ,2 6 2 35

5 8 ,0 0 8 16

G o ld c o in ...............................................

2 ,7 8 2 ,6 5 4 49

3 ,2 4 6 ,5 5 0 00

3 ,2 4 5 ,4 9 6 21

3 ,6 3 4 ,0 7 9 16

3 ,8 5 9 ,8 6 8 27

S ilv e r c o i n ...........................................
U n ite d S t a te s a n d N a tio n a l b a n k
n o t e s ..................................................

3 8 3 ,3 7 4 38

4 2 2 ,7 7 0 86

4 5 2 ,0 9 3 97

5 1 2 ,2 2 5 31

6 6 3 ,7 4 1 42

3 ,0 1 6 ,4 0 2 00

3 ,5 1 4 ,8 5 1 00

4 ,6 0 6 ,3 9 6 11

4 ,4 5 7 ,4 4 8 25

4 ,6 8 6 ,7 5 4 47

T o t a l s ........................................... $ 1 2 0 ,7 9 0 ,9 1 4 60

$ 1 2 9 ,9 5 9 ,2 0 9 43

$ 1 5 2 ,1 9 3 ,0 2 9 75

$ 1 6 9 ,7 2 0 ,1 0 8 41

$ 1 7 9 ,4 3 4 ,9 7 0 33

P r e tn iu m s p a id ...................................

L ia b ilitie s .
C a p ita l s to c k p a id i n .......................

$ 1 2 ,2 6 2 ,1 0 0 00

$ 1 2 ,9 5 3 ,5 2 3 85

$ 1 4 ,0 3 5 ,8 8 0 00

$ 1 4 ,8 4 2 ,4 7 0 00

$ 1 5 ,9 1 9 ,5 5 1 21

S u rp lu s f u n d . .'............: .....................

2 ,9 8 7 ,9 7 1 24

3 ,0 6 5 ,9 2 4 18

3 ,7 6 2 ,6 6 0 91

4 ,9 5 5 ,8 9 3 71

5 ,5 6 0 ,1 1 2 18

U n d iv id e d e a rn in g s n e t .................

2 ,1 0 2 ,3 5 0 42

2 ,4 3 0 ,9 6 6 72

2 ,9 3 2 ,1 9 3 32

3 ,2 5 1 ,8 6 4 56

3 ,5 6 5 ,5 7 0 84

D iv id e n d s u n p a i d .............................

1 1 ,9 1 4 42

1 0 ,1 7 8 36

4 ,9 2 9 72

2 ,8 7 6 72

3 ,5 1 1 36

I n d iv id u a l d e p o s it s ..........................

2 4 ,5 2 2 ,3 2 6 97

2 4 ,8 4 0 ,8 0 3 37

2 9 ,5 4 0 ,1 8 6 91

3 4 ,5 0 3 ,9 8 4 97

3 7 ,2 8 0 ,3 0 0 03

C e rtific a te s of d e p o s it .....................

1 2 ,2 5 0 ,2 3 9 67

1 2 ,3 4 1 ,5 3 6 00

1 4 ,6 6 4 ,9 8 6 47

1 6 ,9 5 2 ,7 4 1 46

1 7 ,5 7 0 ,1 8 5 09

S a v in g s d e p o s its ................................

6 2 ,6 0 0 ,2 1 2 66

6 9 ,5 4 8 ,2 9 3 05

8 1 ,6 0 9 ,3 8 57

8 9 ,2 7 8 ,6 6 2 99

9 3 ,4 7 3 ,1 3 9 78

C e rtifie d c h e c k s .................................

6 6 ,6 4 9 37

9 8 ,4 1 8 48

9 4 ,6 5 2 52

1 9 4 ,5 2 0 09

1 1 0 ,3 9 5 49

C a s h ie r 's c h e ck s o u t s t a n d in g .. . .

8 3 ,4 5 0 18

2 7 ,2 2 2 23

6 8 ,7 3 4 87

1 4 6 ,2 7 1 08

7 7 ,5 4 1 33

D u e to b a n k s a n d b a n k e r s ............

3 ,7 4 8 ,5 2 6 37

4 ,4 8 1 ,0 7 5 44

5 ,3 6 8 ,9 1 5 27

5 ,2 5 9 ,8 3 4 85

5 ,3 6 5 ,3 7 8 83

N o te s a n d b ills r e d i s c o u n t e d .. . .

1 4 ,0 0 0 00

3 5 ,7 9 9 00

6 ,0 7 1 19

7 5 ,4 7 9 88

9 7 ,7 1 1 15

B ills p a y a b le ........................................
L ia b ilitie s o th e r t h a n ab o v e

8 1 ,1 7 3 30

1 2 5 ,4 6 8 75

1 0 4 ,5 0 0 00

2 5 1 ,5 0 8 10

4 1 1 ,5 7 3 04

$ 1 2 0 ,7 9 0 ,9 1 4 60

$ 1 2 9 ,9 5 9 ,2 0 9 43

$ 1 5 2 ,1 9 3 ,0 2 9 75

$ 1 6 9 ,7 2 0 ,1 0 8 41

$ 1 7 9 ,4 3 4 ,9 7 0 33

T o t a l s .........................................


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

R E PO R T

OF T H E

lxxi

COM MISSIONER.

S ta te B a n k s . — (Concluded.)
S e p te m b e r
6 ,1 9 0 4 ,
248 s t a t e
banks, 4 tru s t
c o m p a n ie s,
1 s o c ie ty
fo r sa v in g s .

N ovem ber
9, 1905,
277 s t a t e
banks, 5 tru s t
c o m p a n ie s,
1 s o c ie ty
fo r sa v in g s .

N ovem ber
12, 1906,
301 s ta t e
banks, 6 tru s t
c o m p a n ie s,
1 s o c ie ty
fo r s a v in g s .

D ecem ber
3, 1907,
328 s t a t e
banks, 6 tru s t
co m p a n ie s,
1 s o c ie ty
fo r s a v in g s .

N ovem ber
2 7 ,1 9 0 8 ,
350 s ta t e
b anks, 6 tru s t
c o m p a n ie s.

N ovem ber
1 6 , 1909,
376 s t a t e
banks, 5 tru s t
c o m p a n ie s.

N ovem ber
10, 1910,
397 s ta t e
banks, 5 tru s t
c o m p a n ie s.

$ 7 8 ,7 4 6 ,3 3 6 05

$ 8 6 ,1 8 1 ,9 3 5 90

$ 1 0 1 ,2 8 7 ,7 3 6 39

$106,958,178 47

$ 9 8 ,3 9 7 ,1 6 3 38

$105,908,706 77

$ 1 2 2 ,5 4 7 ,4 2 0 16

8 8 ,9 4 5 ,0 6 7 90

9 5 ,4 2 8 ,5 0 1 97

1 0 9 ,0 4 5 ,0 7 3 50

1 2 0 ,0 5 6 ,9 1 5 38

3 0 3 ,9 3 0 99

3 6 1 ,1 5 4 87

3 7 0 ,8 3 6 07

4 3 0 ,6 9 8 51
5 , 9 2 7 ,6 6 5 67
1 , 2 2 9 ,2 2 7 35

6 8 ,3 8 3 ,3 3 1 90

7 8 ,1 2 4 ,7 5 7 40
3 1 1 ,2 1 0 78

1 9 7 ,5 5 3 07

8 5 ,9 0 2 ,8 7 3 96
3 7 3 ,2 1 2 14

2 ,9 0 2 ,8 0 6 42

3 ,3 7 7 ,3 7 9 76

3 ,9 3 4 ,4 3 5 08

4 ,7 2 7 ,1 5 8 99

4 ,9 9 2 ,5 3 7 71

5 ,4 9 5 ,8 8 4 72

1 ,6 0 8 ,0 3 5 9 4

1 ,5 9 0 ,6 3 0 18

1 ,5 9 3 ,3 1 8 80

1 ,3 6 7 ,8 5 3 18

1 ,3 9 6 ,4 4 4 39

1 ,4 5 7 ,9 7 3 02

2 4 1 ,1 6 2 15

2 3 7 ,0 8 1 56

2 1 3 ,6 8 2 12

1 6 5 ,6 1 2 84

1 3 2 ,2 0 4 23

1 3 1 ,8 1 1 41

1 1 4 ,4 4 2 54

2 1 ,1 3 7 ,5 5 6 22

2 5 ,5 4 2 ,3 8 4 9 3

2 6 ,6 6 5 ,8 9 5 22

2 1 ,2 9 5 ,8 1 4 35

2 6 ,6 2 3 ,9 8 3 27

3 2 ,8 5 6 ,7 2 4 82

3 2 ,8 2 0 ,8 7 2 78

1 ,2 8 7 ,2 2 0 02

1 ,9 3 4 ,1 7 7 39

2 ,5 5 1 ,7 7 6 64

2 ,3 6 8 ,7 0 8 60

1 ,9 9 0 ,3 1 6 84

2 ,3 5 8 ,7 3 1 88

3 ,0 9 8 ,7 1 4 79

8 5 4 ,0 6 5 78

8 2 7 ,3 4 9 43

1 ,9 5 9 ,7 0 8 9 9

1 ,2 8 8 ,1 1 7 10

1 ,1 3 0 ,6 0 4 67

1 ,3 4 2 ,3 3 9 37

1 ,5 0 7 ,3 7 5 56

3 5 3 ,2 3 2 19

3 9 4 ,1 8 1 89

4 8 3 ,7 3 6 42

3 8 9 ,0 2 2 14

3 1 1 ,1 1 5 78

3 3 7 ,9 5 1 20

3 9 8 ,0 2 9 49

7 3 ,5 8 7 98

6 4 ,9 7 2 73

7 3 ,3 0 0 45

8 3 ,8 7 9 98

9 2 ,4 2 2 67

9 5 ,3 7 7 97

1 0 6 ,1 7 3 88

4 ,4 9 9 ,4 3 1 65

4 ,3 2 4 ,8 4 9 84

4 ,5 5 9 ,5 6 9 06

4 ,5 9 6 ,8 2 5 41

4 ,9 4 8 ,6 8 5 92

5 ,1 5 2 ,2 1 1 69

5 ,1 8 9 ,6 9 7 32

5 9 9 ,6 1 9 41

6 8 7 ,8 2 6 10

7 1 2 ,1 9 0 77

9 3 7 ,0 0 5 78

8 0 0 ,4 4 0 67

9 1 7 ,8 6 3 81

1 ,0 5 5 ,4 5 4 91

5 ,0 4 9 ,7 7 4 00

5 ,9 3 7 ,1 5 3 75

6 ,4 5 3 ,1 5 3 95

8 ,6 1 3 ,8 7 8 75

7 ,6 8 2 ,1 3 6 00

8 ,2 4 6 ,7 3 0 00

9 ,5 1 3 ,4 2 7 95

$ 1 8 5 ,9 3 3 ,7 1 2 78

$ 2 0 9 ,5 3 5 ,8 9 1 64

$ 2 3 6 ,7 6 4 ,5 8 9 99

$242,041,114 48

$ 2 44,287,712 37

$ 2 73,718,216 23

$ 3 0 3 ,9 9 6 ,1 1 6 29

$ 1 6 ,1 1 1 ,1 2 0 00

$ 1 7 ,4 0 3 ,1 4 4 04

$ 1 9 ,1 1 9 ,9 3 0 00

$ 2 0 ,3 5 1 ,0 6 4 00

$ 2 1 ,6 2 6 ,2 7 3 53

$ 2 2 ,1 6 1 ,1 3 3 00

$ 2 3 ,8 6 2 ,8 1 0 00

8 ,5 4 7 ,3 8 5 55

1 0 ,1 9 6 ,0 0 0 34

1 0 ,7 8 5 ,4 9 7 24

1 1 ,4 0 2 ,4 1 9 44

1 2 ,0 1 5 ,1 4 6 57

3 ,8 3 6 ,0 0 0 67

4 ,7 1 0 ,4 3 2 87

4 ,6 1 8 ,5 9 4 41

5 ,0 3 5 ,7 7 2 52

5 ,3 4 0 ,6 9 6 86

5 ,8 6 7 ,5 0 8 17

2 ,9 3 3 29

4 ,8 5 3 69

7 ,3 7 5 23

6 ,8 7 3 00

1 4 ,2 7 2 08

1 3 ,0 2 4 41

4 5 ,0 4 1 ,2 3 1 95

5 3 ,0 8 5 ,4 7 4 90

4 7 ,5 8 7 ,0 7 8 42

5 0 ,4 5 0 ,0 6 1 86

6 1 ,9 5 1 ,3 9 6 26

6 7 ,2 3 8 ,1 8 8 48

6 ,4 7 1 ,7 0 3 33
3 ,0 5 5 ,4 5 1 39

7 ,2 3 9 ,3 0 5 31

5 ,2 9 1 14
3 8 ,2 8 7 ,4 1 7 40
1 6 ,6 7 9 ,5 4 0 71

1 8 ,3 6 4 ,8 2 6 02

1 8 ,9 9 1 ,4 8 7 21

1 6 ,7 0 1 ,0 1 2 53

1 1 ,4 0 2 ,9 3 3 69

1 3 ,1 9 2 ,9 3 5 86

1 5 ,9 3 7 ,2 7 2 92

9 9 ,7 8 2 ,9 3 2 9 6

1 1 1 ,2 3 4 ,1 2 8 86

1 2 5 ,4 6 4 ,5 9 6 49

1 3 4 ,9 2 3 ,7 1 2 46

1 3 7 ,8 1 1 ,4 7 0 73

1 5 1 ,2 9 0 ,5 9 0 74

1 6 9 ,0 7 2 ,3 4 8 91

1 9 1 ,4 9 3 34

9 0 ,7 6 8 06

2 0 4 ,3 3 0 21

1 3 6 ,5 4 2 84

1 5 1 ,9 3 5 26

1 6 2 ,9 0 7 25

1 9 6 ,4 7 0 57

1 3 6 ,7 9 5 00

1 0 5 ,9 3 4 17

1 7 2 ,2 9 4 39

2 1 2 ,9 8 9 96

1 3 1 ,7 6 6 74

2 3 4 ,9 2 4 59

2 7 9 ,1 7 9 90

4 ,9 0 2 ,8 1 7 34

5 ,9 6 9 ,3 9 8 11

6 ,2 0 5 ,6 2 6 80

5 ,7 5 3 ,4 8 1 15

6 ,3 9 2 ,5 7 3 47

7 ,2 7 7 ,9 9 7 59

8 ,2 2 2 ,4 6 5 26

1 8 5 ,2 2 6 94

3 9 0 ,6 4 6 17

7 6 ,4 0 5 9 6

9 0 ,2 2 1 16

9 3 ,6 7 2 88

2 1 1 ,2 6 3 14

1 7 0 ,8 5 4 33

8 0 ,1 8 9 01

2 2 1 ,1 5 2 22

2 3 2 ,7 4 4 21

1 5 8 ,0 0 0 00

1 6 4 ,5 0 5 00

9 7 2 ,0 0 0 00

3 2 1 ,7 0 0 00

3 1 1 ,0 0 0 00

4 4 1 ,5 0 0 00

1 1 2 ,5 2 6 61

2 3 8 ,4 0 2 71

$ 273,718,216 23

$ 3 0 3 ,9 9 6 ,1 1 6 29

* 3 7 0 ,0 0 0 00

$ 1 8 5 ,9 3 3 ,7 1 2 78

$ 2 0 9 ,5 3 5 ,8 9 1 64

♦ C learin g h o u s e c e rtific a te s.


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

$ 2 3 6 ,7 6 4 ,5 8 9 99

$242,041,114 48

$244,287,712 37

STA TE

lx x ii

BAN KING

D EPA R TM EN T.

COMPARATIVE ABSTRACTS (NATIONAL BANKS).
C o m p a r a tiv e a b str a c ts, s h o w in g th e v o lu m e o f b u s in e s s o f the n a tio n a l b a n k s o f th e S ta te fro m
the la s t r e p o r ts c a lle d fo r i n th e y e a r s 1 8 8 9 , 1 8 9 0 , 1 8 9 1 , 1 8 9 2 , 1 8 9 3 , 1 8 9 4 , 1 8 9 5 , 1 8 9 6 ,
1897, 1898, 1899, 1900, 1901, 1902, 1903, 1904, 1905, 1906, 1907, 1908, 1909, an d
1 9 1 0 , a s m a d e to a n d f u r n is h e d th is d e p a r tm e n t b y th e c o m p tro lle r of th e c u rre n c y a t W a s h ­
in g to n .

R e s o u rc e s .

D ecem ber
1 1 ,1 8 8 9 ,
113 n a tio n a l
banks.

L o a n s a n d d is c o u n ts .................................... 8 4 5 ,8 6 0 ,1 7 8 79

D ecem ber
1 9 ,1 8 9 0 ,
109 n a tio n a l
b anks.

D ecem ber
2 ,1 8 9 1 ,
106 n a tio n a l
b anks.

D ecem ber
9 ,1 8 9 2 ,
104 n a tio n a l
b anks.

D ecem ber
1 9 ,1 8 9 3 ,
9 9 n a tio n a l
b anks.

$ 4 7 ,5 2 7 ,3 7 5 32

$ 4 8 ,4 2 4 ,9 5 5 39

$ 5 2 ,7 5 2 ,1 6 3 51

$ 4 0 ,7 8 3 ,2 0 9 13

S to c k s, b o n d s a n d m o r t g a g e s .................

4 ,7 1 6 ,8 3 0 60

4 ,2 8 9 ,6 7 1 45

4 ,2 3 1 ,7 9 8 69

5 ,6 2 3 ,0 7 0 40

6 ,9 4 5 ,4 9 9 58

O v e r d r a f ts ........................................................

2 1 4 ,4 1 5 50

2 1 9 ,3 1 4 54

2 2 2 ,5 0 6 90

2 9 2 ,2 1 0 95

1 8 7 ,4 7 9 07

D u e fro m r e s e rv e a g e n ts ............................

5 ,2 7 3 ,8 0 5 17

6 ,0 0 0 ,3 8 3 9 9

6 ,9 4 2 ,0 3 2 64

8 ,3 0 4 ,1 7 7 63

6 ,1 9 1 ,1 8 5 16

D u e fro m o t h e r b a n k s a n d b a n k e r s . . .

1 ,4 1 7 ,2 4 0 70

1 ,5 3 1 ,5 0 0 83

2 ,0 5 5 ,7 1 2 68

2 ,4 5 7 ,5 9 3 23

1 ,5 0 8 ,8 3 3 10

B a n k in g h o u s e , f u r n i tu r e a n d fix tu re s .

1 ,1 6 1 ,3 4 7 88

1 ,1 7 5 ,0 0 7 50

1 ,1 4 0 ,5 9 3 47

1 ,0 9 2 ,3 3 0 52

1 ,0 5 8 ,0 1 3 55

O th e r r e a l e s t a t e ...........................................

6 9 6 ,4 9 9 38

8 0 7 ,7 2 9 15

6 5 4 ,8 1 8 49

5 9 7 ,4 3 3 76

5 2 3 ,8 3 7 66

C u r r e n t e x p e n se s a n d t a x e s p a i d ..........

3 1 4 ,0 4 1 78

3 1 6 ,7 9 8 82

3 0 8 ,8 9 9 32

3 3 0 ,6 2 6 32

E x c h a n g e s f o r c le a r in g h o u s e .................

3 5 1 ,0 4 0 73

2 9 1 ,4 8 6 06

5 3 1 ,4 6 6 31

4 2 0 ,0 1 1 79

C h eck s a n d c a s h i t e m s ...............................

2 0 6 ,9 1 7 13

2 5 2 ,5 4 0 59

2 2 2 ,8 6 4 76

2 6 9 ,2 8 8 40

2 0 8 ,2 7 7 5 4

C a s h .....................................................................

5 ,1 5 6 ,4 3 5 60

5 ,3 6 3 ,0 3 3 64

5 ,3 3 7 ,4 6 2 12

5 ,4 7 9 ,1 2 3 70

5 ,3 5 2 ,5 4 4 48

D u e fro m U n ite d S t a te s t r e a s u r e r . . . .

1 7 5 ,9 3 7 44

1 6 6 ,5 3 7 96

1 5 5 ,5 0 1 41

2 0 1 ,7 2 3 10

2 6 9 ,2 0 8 62

P re m iu m s o n U n ite d S t a te s b o n d s ___

5 0 6 ,8 1 2 27

4 1 6 ,9 6 1 40

3 2 6 ,6 4 9 58

4 1 5 ,9 3 2 79

4 4 8 ,7 4 3 01

T o t a l s ....................................................... 1 6 6 ,0 5 1 ,5 0 2 97

$ 6 8 ,3 5 8 ,3 4 1 25

$ 7 0 ,5 5 5 ,2 6 1 76

$ 7 8 ,2 3 5 ,6 8 6 10

$ 6 3 ,8 9 1 ,4 7 7 17

$ 1 4 ,5 8 4 ,0 0 0 00

4 1 4 ,6 4 6 27

L ia b ilitie s .
C a p ita l s to c k p a id i n ................................... $ 1 5 ,6 7 4 ,6 0 0 00

$ 1 5 ,5 3 9 ,6 0 0 00

$ 1 5 ,2 4 4 ,6 0 0 00

$ 1 5 ,0 3 4 ,0 0 0 00

S u rp lu s f u n d ....................................................

3 ,1 7 3 ,9 3 2 03

3 ,3 3 2 ,7 7 5 18

3 ,7 1 5 ,2 3 8 33

3 ,8 5 8 ,2 8 3 29

3 ,7 6 9 ,2 7 3 9 6

G ro s s u n d iv id e d e a rn in g s ..........................

2 ,5 8 9 ,6 3 9 53

2 ,7 1 5 ,2 0 7 61

2 ,3 5 9 ,2 2 1 32

2 ,3 7 5 ,5 3 9 99

* 1 ,8 7 9 ,1 5 1 51

D iv id e n d s u n p a i d .........................................

2 5 ,2 7 9 32

9 ,6 3 2 59

3 6 ,3 7 3 86

1 8 ,2 1 2 61

1 7 ,1 8 0 18

I n d iv id u a l d e p o s it s ......................................

3 5 ,2 1 7 ,9 8 9 08

3 6 ,7 9 2 ,3 9 9 46

3 8 ,5 0 0 ,5 1 0 19

4 2 ,4 0 9 ,0 8 4 23

3 1 ,7 8 9 ,1 1 6 14

U n ite d S t a te s d e p o s it s ...............................

,

5 6 6 ,9 9 9 05

4 8 3 ,9 2 7 31

3 3 0 ,5 5 8 68

4 0 1 ,7 6 0 31

D u e t o b a n k s a n d b a n k e r s ........................

5 ,8 5 7 ,8 5 9 32

6 ,0 5 2 ,2 6 0 90

7 ,1 4 0 ,9 3 8 64

9 ,9 4 6 ,6 2 4 23

6 ,1 0 0 ,0 3 6 8 3

N a tio n a l b a n k n o te s o u t s t a n d in g ..........

2 ,8 5 3 ,3 0 0 00

2 ,6 6 0 ,2 0 0 00

2 ,5 8 7 ,0 2 0 00

3 ,2 8 1 ,3 0 0 00

4 ,5 5 7 ,0 5 5 00

N o te s a n d b ills r e d i s c o u n te d ...................

6 5 8 ,9 0 3 69

6 8 9 ,1 6 6 46

4 6 2 ,1 5 7 73

4 6 6 ,0 8 3 07

4 2 6 ,2 2 8 15

100 00

2 3 ,0 0 0 00

B ills p a y a b le ....................................................
L ia b ilitie s o t h e r t h a n th o s e a b o v e
s t a t e d .............................................................

T o t a l s ....................................................... $ 6 6 ,0 5 1 ,5 0 2 97

♦ U n d iv id e d e a rn in g s , le s s e x p e n s e s a n d t a x e s p a id .


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

$ 6 8 ,3 5 8 ,3 4 1 25

3 6 7 ,4 4 2 0 3

2 ,2 7 4 38

5 1 6 ,0 0 0 00

233 06

$ 7 0 ,5 5 5 ,2 6 1 76

$ 7 8 ,2 3 5 ,6 8 6 10

$ 6 3 ,8 9 1 ,4 7 7 17

REPO RT

OF T H E

COM MISSIONER.

lxxiii

C o m p a r a tiv e a b str a c ts (.N a tio n a l B a n k s ) . —Continued.

R e s o u rc e s .

D ecem ber
1 9 ,1 8 9 4 ,
9 6 n a tio n a l
b anks.

L o an s a n d d is c o u n ts .................................... $ 4 3 ,0 8 3 ,2 8 8 41

D ecem ber
1 3 ,1 8 9 5 ,
9 4 n a tio n a l
b anks.

D ecem ber
1 7 ,1 8 9 6 ,
8 9 n a tio n a l
banks.

D ecem ber
1 5 ,1 8 9 7 ,
8 2 n a tio n a l
b anks.

D ecem ber
1 ,1 8 9 8 ,
81 n a tio n a l
banks.

$ 4 4 ,7 3 6 ,5 3 3 88

$ 4 0 ,3 0 4 ,4 1 6 58

$ 4 1 ,1 4 3 ,9 2 7 46

$ 4 2 ,9 1 9 ,8 7 1 7 7

S to c k s, b o n d s a n d m o r t g a g e s .................

6 ,8 0 8 ,2 1 9 06

6 ,7 9 5 ,8 7 9 01

6 ,0 6 1 ,2 2 3 33

6 ,5 7 2 ,2 6 5 92

9 ,7 6 6 ,4 4 6 01

O v e r d r a f ts ........................................................

1 9 1 ,8 9 9 31

1 8 4 ,1 3 8 47

1 7 4 ,5 6 1 83

1 6 9 ,8 4 2 80

2 2 0 ,6 2 7 59

D u e fro m re s e r v e a g e n ts ............................

7 ,1 5 8 ,1 8 7 74

5 ,6 9 7 ,5 4 2 13

8 ,0 5 1 ,4 7 8 98

1 1 ,7 7 7 ,1 2 5 43

1 0 ,8 1 6 5 6 0 ,0 4

D u e fro m o t h e r b a n k s a n d b a n k e r s . . .

2 ,1 3 8 ,6 8 1 61

1 ,7 5 4 ,9 6 0 91

2 ,1 4 5 ,0 6 6 98

3 ,4 9 2 ,4 9 8 90

3 ,7 5 7 ,8 5 0 18

B a n k in g h o u s e , f u r n i tu r e a n d fix tu re s .

1 ,0 5 7 ,1 4 0 95

1 ,0 1 6 ,2 5 9 30

1 ,0 2 9 ,0 4 8 72

9 4 3 ,8 8 0 03

1 ,0 1 9 ,1 0 0 09

O th e r r e a l e s t a t e ...........................................

5 5 6 ,3 9 7 40

6 9 0 ,2 0 5 85

7 9 6 ,2 2 9 53

8 8 0 ,2 1 9 77

1 ,0 6 1 ,2 3 1 36

C u r r e n t e x p e n s e s a n d t a x e s p a i d ..........
E x c h a n g e s f o r c le a rin g h o u s e .................

3 0 0 ,5 4 1 92

2 4 3 ,6 8 8 09

3 3 3 ,6 9 4 76

3 5 8 ,3 0 9 99

3 9 2 ,2 1 8 02

C h eck s a n d c a sh i t e m s ...............................

2 2 6 ,9 1 3 43

1 6 0 ,6 1 6 79

1 9 9 ,7 0 2 79

1 3 6 ,8 5 7 46

1 7 9 ,1 1 2 92

C a s h .....................................................................

5 ,0 8 9 ,3 0 5 10

5 ,0 3 9 ,6 6 1 46

5 ,5 0 5 ,3 3 8 94

5 ,9 8 2 ,6 2 1 40

D ue f ro m U n i t e d S ta te s t r e a s u r e r . . . .

2 4 0 ,6 7 0 62

2 3 6 ,5 2 8 07

2 3 1 ,7 7 5 11

2 0 9 ,4 7 5 82

2 3 4 ,0 9 4 42

P r e m iu m s o n U n ite d S ta te s b o n d s ___

4 3 0 ,4 6 3 13

4 1 4 ,8 1 5 00

3 7 5 ,0 8 9 75

3 6 5 ,2 2 3 50

4 6 5 ,4 4 8 84

T o t a l s ....................................................... $ 6 7 ,2 8 1 ,7 0 8 68

$ 6 6 ,9 7 0 ,8 2 8 96

$ 6 5 ,4 3 5 ,7 7 5 97

$ 7 1 ,5 5 4 ,9 6 6 02

$ 7 6 ,8 1 5 ,1 8 2 64

$ 1 1 ,7 7 0 ,0 0 0 00

5 ,3 3 3 ,4 8 7 6 1 '

C le a rin g h o u s e c e r t if i c a t e s ........................

L ia b ilitie s .
C a p ita l s to c k p a id i n ................................... $ 1 3 ,6 3 4 ,0 0 0 00

$ 1 3 ,4 3 4 ,0 0 0 P 0

$ 1 2 ,9 5 9 ,0 0 0 00

$ 1 1 ,9 4 5 ,0 0 0 00

S u rp lu s f u n d ....................................................

3 ,5 7 2 ,5 7 0 99

3 ,6 3 1 ,0 1 0 78

3 ,4 1 8 ,2 2 1 47

3 ,2 4 2 ,0 1 8 09

3 ,1 8 8 ,3 1 8 72

U n d iv id e d e a rn in g s , n e t ............................

1 ,8 0 3 ,4 8 0 48

1 ,7 8 9 ,4 6 5 90

1 ,6 8 7 ,0 8 8 73

1 ,3 9 4 ,9 9 8 14

1 ,3 7 4 ,0 6 1 73

D iv id e n d s u n p a i d .........................................

8 ,3 4 8 50

1 1 ,5 0 9 58

9 ,1 5 6 46

1 7 ,5 6 3 29

2 0 ,3 8 7 30

In d iv id u a l d e p o s it s ......................................

3 4 ,7 1 8 ,2 1 5 02

3 5 ,6 1 2 ,3 7 4 38

3 4 ,3 9 1 ,0 8 7 75

3 9 ,2 1 7 ,0 0 6 25

4 3 ,4 8 6 ,9 6 5 9 4

U n ite d S t a te s d e p o s it s ...............................

3 8 3 ,9 6 2 29

3 5 7 ,7 5 0 18

4 0 9 ,9 6 1 73

4 0 1 ,1 3 6 29

1 ,2 5 5 ,8 2 1 32

D u e t o b a n k s a n d b a n k e r s .......................

8 ,6 4 1 ,2 4 6 57

7 ,4 0 6 ,2 1 2 51

8 ,2 6 0 ,6 9 5 23

1 1 ,7 7 2 ,9 7 6 46

1 1 ,7 6 0 ,1 8 5 28
3 ,9 5 8 ,3 0 0 00

N a tio n a l b a n k n o te s o u t s t a n d in g ..........

4 ,1 4 1 ,9 9 7 50

4 ,2 0 2 ,7 4 2 50

4 ,0 7 1 ,4 9 5 00

3 ,5 5 1 ,7 6 7 50

N o te s a n d b ills r e d is c o u n te d ...................

3 1 6 ,8 8 7 33

3 8 6 ,8 9 8 33

1 4 0 ,2 8 9 20

2 ,5 0 0 00

B ills p a y a b le ....................................................
L ia b ilitie s o th e r t h a n th o s e a b o v e
s t a t e d .............................................................

6 1 ,0 0 0 00

1 3 7 ,5 0 0 00

8 8 ,4 0 0 00

1 0 ,0 0 0 00

1 ,3 6 4 80

380 40

$ 6 6 ,9 7 0 ,8 2 8 96

$ 6 5 ,4 3 5 ,7 7 5 97

1 ,1 4 2 35

R e s e rv e d f o r t a x e s ........................................
B o n d s b o r ro w e d .............................................
C le a rin g h o u s e c e r t if i c a t e s ........................

T o t a l s ....................................................... $ 6 7 ,2 8 1 ,7 0 8 68


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

$ 7 1 ,5 5 4 ,9 6 6 02

$ 7 6 ,8 1 5 ,1 8 2 64

lxxiv

STA TE

BAN KING

D EPA R TM EN T.
C o m p a r a tiv e a b str a c ts

R e s o u rc e s .

D ecem ber
2 ,1 8 9 9 ,
8 0 n a tio n a l
banks.

D ecem ber
13, 1900,
85 n a tio n a l
banks.

D ecem ber
10, 1901,
85 n a tio n a l
banks.

N ovem ber
2 5 ,1 9 0 2 ,
8 4 n a tio n a l
banks.

N ovem ber
1 7 ,1 9 0 3 ,
8 7 n a tio n a l
banks.

L o a n s a n d d is c o u n ts ........................

« 4 7 ,5 8 1 ,0 6 1 50

« 5 1 ,6 5 1 ,2 3 6 44

$ 5 4 ,9 3 8 ,1 4 2 28

« 6 0 ,6 9 4 ,9 8 6 71.

« 6 4 ,0 8 8 ,2 2 5 33

S to c k s, b o n d s a n d m o r t g a g e s . . .

1 1 ,6 5 2 ,0 4 3 11

1 2 ,3 1 8 ,6 7 2 86

1 4 ,1 4 1 ,8 2 2 34

1 5 ,1 0 6 ,3 8 5 98

1 6 ,3 3 1 ,2 9 7 13

O v e r d r a f ts ............................................

1 9 4 ,7 8 8 80

2 4 6 ,1 5 8 27

2 8 6 ,5 6 1 65

3 4 9 ,0 4 7 07

3 5 1 ,7 3 2 17

D u e fro m r e s e rv e a g e n ts ................
D u e fro m o t h e r b a n k s a n d b a n k e r s .......................................................
B a n k in g h o u s e f u r n i tu r e a n d fixt u r e s ........... ........................................

8 ,6 7 1 ,8 1 5 91

1 0 ,6 5 8 ,3 9 9 31

1 1 ,2 3 1 ,3 0 1 10

1 0 ,1 6 7 ,3 3 5 72

9 ,1 4 7 ,6 1 2 91

3 ,6 4 7 ,9 7 1 66

3 ,4 6 3 ,3 7 4 00

4 ,0 5 8 ,6 4 1 12

3 ,8 4 5 ,8 4 1 49

4 ,1 7 4 ,2 1 3 53

1 ,0 0 3 ,9 9 9 44

1 ,1 4 2 ,9 7 0 99

1 ,1 5 0 ,9 5 2 69

1 ,3 0 0 ,6 8 1 27

1 ,3 6 3 ,4 8 1 00

O th e r r e a l e s t a t e ...............................

1 ,0 6 0 ,8 1 0 20

9 2 7 ,1 5 8 12

6 9 6 ,2 5 4 41

4 5 5 ,2 6 1 67

3 9 3 ,1 1 5 75

C u r r e n t e x p e n se s a n d t a x e s p a id .
E x c h a n g e s fo r c le a rin g h o u s e . . .

5 9 7 ,2 7 4 04

4 1 5 ,4 7 7 92

9 3 0 ,1 6 6 52

5 7 8 ,2 1 2 52

4 9 9 ,4 5 3 75

C h eck s a n d c a sh i t e m s ...................

2 4 0 ,3 0 8 50

1 8 2 ,6 8 9 83

2 0 4 ,7 1 4 74

2 3 9 ,5 7 7 39

1 8 2 ,5 5 8 75

C a s h .........................................................
D u e fro m U n ite d S t a te s t re a s u re r .........................................................
P r e m iu m s o n U n ite d S ta te s
b o n d s ..................................................

6 ,1 5 1 ,5 5 7 96

7 ,1 0 5 ,0 5 3 78

7 ,3 5 8 ,3 6 2 08

6 ,5 5 4 ,0 9 5 31

6 ,8 3 4 ,8 3 5 11

2 4 2 ,9 4 8 86

3 0 8 ,4 2 7 88

3 3 6 ,2 3 8 00

3 2 6 ,7 7 0 50

3 7 8 ,1 7 5 67

4 5 3 ,9 3 7 69

2 0 3 ,9 1 7 94

2 2 8 ,3 5 8 81

3 5 6 ,3 1 5 39

3 1 1 ,3 7 0 92

« 8 1 ,4 9 8 ,5 1 7 67

$ 8 8 ,6 2 3 ,5 3 7 34

« 9 5 ,5 6 1 ,5 1 5 74

« 9 9 ,9 7 4 ,5 1 1 02

« 1 0 4 ,0 5 6 ,0 7 2 02

C a p ita l s to c k p a id i n .......................

$ 1 1 ,4 4 0 ,0 0 0 00

S i t , 5 7 8 ,0 0 0 00

$ 1 1 ,5 4 8 ,7 5 0 00

« 1 1 ,3 8 0 ,0 0 0 00

« 1 2 ,5 3 0 ,0 0 0 00

S u rp lu s f u n d ........................................

3 ,1 5 7 ,3 8 8 20

3 ,2 7 6 ,1 8 8 20

3 ,0 5 2 ,6 3 8 20

3 ,4 1 6 ,5 3 8 20

3 ,7 8 2 ,5 3 8 20

U n d iv id e d e a rn in g s , n e t ...............

1 ,5 6 3 ,8 4 1 9 3

1 ,8 5 0 ,2 7 4 85

2 ,0 0 7 ,6 8 5 64

2 ,1 5 7 ,2 1 7 18

2 ,4 5 4 ,3 7 4 37

C le a rin g h o u s e c e r t if i c a t e s ............

T o t a l s ...........................................

L ia b ilitie s .

D iv id e n d s u n p a i d .............................
I n d iv id u a l d e p o s it s ........................

1 7 ,3 4 0 81

1 3 ,9 8 3 81

1 8 ,5 4 2 81

. 1 3 ,3 5 7 81

1 6 ,4 4 0 61

4 9 ,9 2 0 ,5 3 2 09

5 4 ,2 3 2 ,0 9 1 31

5 9 ,5 9 3 ,5 6 1 95

6 3 ,3 1 6 ,7 3 1 07

6 5 ,3 0 5 ,6 5 9 11

U n ite d S ta te s d e p o s it s ...................

1 ,3 5 4 ,8 6 4 72

1 ,3 9 1 ,3 0 4 19

1 ,7 7 2 ,9 5 9 84

2 ,1 5 0 ,1 1 4 62

2 ,4 0 4 ,8 3 2 56

D u e to b a n k s a n d b a n k e r s ...........

9 , 7 3 8 ,6 9 6 81

1 1 ,0 2 4 ,0 8 3 47

1 1 ,7 6 4 ,8 7 5 41

1 1 ,6 1 1 ,2 4 1 60

1 0 ,4 1 8 ,9 8 0 57

N a tio n a l b a n k n o te s o u ts ta n d in g

4 ,2 5 0 ,3 0 0 00

5 ,1 6 0 ,1 0 2 50

5 ,5 8 0 ,2 0 0 00

5 ,6 3 9 ,2 0 0 00

6 ,7 7 4 ,8 4 0 00

N o te s a n d b ill re d is c o u n te d ..........

2 3 ,6 4 4 61

1 1 ,9 8 9 72

5 ,5 0 0 00

2 1 ,5 0 0 00

1 8 2 ,2 0 2 70

B ills p a y a b le ...................................
L ia b ilitie s o th e r t h a n th o s e a b o v e
s t a t e d .............................................

2 7 ,0 0 0 00

7 5 ,0 0 0 00

2 0 5 ,0 0 0 00

1 0 7 ,0 0 0 00

1 7 8 ,0 0 0 00

4 ,9 0 8 50

1 0 ,5 1 9 29

1 1 ,8 0 1 89

1 6 1 ,6 1 0 54

8 ,2 0 3 90

« 8 1 ,4 9 8 ,5 1 7 67

« 8 8 ,6 2 3 ,5 3 7 34

« 9 5 ,5 6 1 ,5 1 5 74

$ 9 9 ,9 7 4 ,5 1 1 02

$ 1 0 4 ,0 5 6 ,0 7 2 02

R e s e rv e d fo r t a x e s .......................
B o n d s b o r ro w e d ...................
C le a rin g h o u s e c e r t if i c a t e s ............

T o t a l s .......................................


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

REPORT OF THE COMMISSIONER.

lxxv

( N a tio n a l B a n k s ) . —Concluded.
S e p te m b e r
6, 1904,
88 n a tio n a l
banks.

N ovem ber
9, 1905,
88 n a tio n a l
banks.

N ovem ber
12, 1906,
88 n a tio n a l
banks.

D ecem ber
3, 1907,
9 3 n a tio n a l
banks.

N ovem ber
2 7 ,1 9 0 8 ,
9 6 n a tio n a l
banks.

$ 6 5 ,8 0 3 ,1 5 0 16

$ 7 2 ,2 6 4 ,0 5 1 95

$ 8 1 ,5 0 8 ,4 4 4 65

$ 8 3 ,9 4 9 ,1 9 8 51

$ 8 4 ,0 6 1 ,2 7 5 46

$ 9 2 ,3 6 7 ,2 3 8 25

$ 9 4 ,3 9 9 ,2 4 7 59

1 6 ,8 7 6 ,7 5 5 37

1 6 ,9 4 3 ,8 8 6 45

1 9 ,2 9 4 ,7 2 4 24

1 9 ,3 2 1 ,1 3 1 14

2 3 ,3 0 6 ,1 4 1 71

2 6 ,3 9 6 ,4 9 6 17

2 6 ,1 9 7 ,3 9 7 5 0

2 4 9 ,8 3 0 11

2 3 5 ,2 3 7 50

2 6 6 ,2 3 3 92

2 1 5 ,2 3 1 50

2 4 1 ,3 4 5 49

2 3 2 ,9 4 3 08

2 2 4 ,7 9 3 19

1 0 ,9 9 1 ,5 0 2 16

1 0 ,9 8 3 ,0 6 5 10

1 2 ,3 9 8 ,8 8 6 17

1 0 ,1 6 0 ,5 6 1 91

1 3 ,7 6 1 ,1 0 2 88

1 4 ,6 0 0 ,6 8 5 65

1 2 ,5 0 8 ,3 9 6 5 2

4 ,4 1 4 ,3 6 5 24

5 ,4 6 2 ,8 2 9 33

6 ,3 9 6 ,4 7 4 02

5 ,1 2 7 ,5 9 0 55

6 ,2 9 2 ,1 3 5 2 3

7 ,7 9 7 ,6 7 2 74

7 ,3 5 4 ,9 4 1 25

1 ,4 8 8 ,4 9 8 28

1 ,5 7 7 ,7 0 3 17

1 ,6 4 1 ,5 8 9 76

1 ,9 4 6 ,6 2 9 37

2 ,4 7 7 ,8 2 0 19

2 ,6 5 1 ,9 2 8 17

2 ,7 6 0 ,0 9 4 5 9

3 8 0 ,3 7 3 53

3 5 8 ,3 5 7 49

3 0 0 ,0 2 9 77

3 4 5 ,1 9 0 33

2 9 1 ,5 0 5 80

2 8 5 ,8 1 0 50

2 3 3 ,7 9 3 9 6

8 8 5 ,4 1 9 43

N ovem ber
16, 1909
9 9 n a tio n a l
banks.

N ovem ber
10, 1910,
102 n a tio n a l
banks.

7 1 5 ,1 1 4 06

7 3 6 ,4 4 5 31

1 ,1 2 6 ,9 1 8 66

' 7 5 3 ,5 4 7 93

7 8 9 ,3 9 8 40

8 6 8 ,5 4 5 43

2 7 0 ,1 3 1 43

2 1 3 ,6 7 2 23

2 9 7 ,7 2 6 82

3 4 1 ,9 5 4 39

3 1 1 ,C82 74

2 5 5 ,8 7 6 57

2 8 2 ,8 0 5 7 5

7 ,5 5 3 ,2 5 9 40

8 ,0 9 3 ,2 7 7 55

8 ,6 7 3 ,0 0 7 28

9 ,3 1 7 ,1 3 8 52

1 1 ,2 5 3 ,7 2 7 70

1 1 ,3 0 5 ,0 0 3 35

1 1 ,6 4 6 ,2 6 7 67

3 9 9 ,4 2 0 00

4 3 6 ,0 8 5 50

4 5 3 ,0 0 2 50

4 2 8 ,7 2 5 50

5 3 0 ,7 6 5 50

5 9 3 ,1 7 0 00

6 6 0 ,7 9 3 29

2 5 5 ,7 3 8 73

1 9 0 ,8 4 9 25

1 5 8 ,4 0 1 28

1 8 8 ,2 5 9 66

2 1 4 ,3 3 9 93

1 7 6 ,1 6 0 63

1 0 7 ,9 5 6 02

5 9 5 ,1 9 4 00

$ 1 0 9 ,3 9 8 ,1 3 8 47

$ 1 1 7 ,4 9 5 ,4 6 0 83

$ 1 3 2 ,5 1 5 ,4 3 9 07

$132,6 9 0 ,3 5 3 31

$143,530,641 03

$157,5 3 1 ,5 3 0 54

$ 1 5 7 ,2 6 1 ,9 0 6 7 6

$ 1 2 ,7 3 0 ,0 0 0 00

$ 1 3 ,0 3 0 ,0 0 0 00

$ 1 3 ,0 0 5 ,0 0 0 00

$14 ,4 6 5 ,0 0 0 00

$ 1 4 ,9 5 5 ,0 0 0 00

$ 1 5 ,1 8 9 ,5 0 0 00

$ 1 4 ,6 4 1 ,3 0 0 00

4 ,2 6 6 ,6 8 8 20

4 ,5 9 5 ,7 8 8 2 0

5 ,2 6 4 ,2 6 2 50

5 ,4 9 0 ,6 1 2 50

6 ,0 6 8 ,1 5 0 00

6 ,4 1 6 ,5 1 0 99

6 ,6 8 0 ,6 0 3 00

2 ,0 9 4 ,9 5 9 00

2 ,1 4 9 ,9 7 5 63

2 ,2 6 0 ,3 1 4 62

2 ,7 5 7 ,1 ^ 3 91

2 ,6 5 0 ,3 1 6 37

2 ,8 8 1 ,3 0 8 23

3 ,0 7 3 ,3 8 6 99

5 ,1 5 6 93

1 6 ,8 5 4 34

1 3 ,9 0 4 54

1 6 ,3 7 9 16

7 ,9 7 5 85

3 3 ,2 2 1 55

1 6 ,9 0 9 31

6 9 ,9 4 5 ,8 1 0 33

7 6 ,4 7 5 ,6 2 8 68

8 8 ,7 5 8 ,5 5 2 46

8 4 ,8 6 4 ,1 5 0 47

9 2 ,5 0 6 ,6 1 9 35

1 0 3 ,6 6 9 ,2 8 4 41

1 0 3 ,4 7 9 ,5 9 6 5 6

1 ,7 1 2 ,7 3 9 74

1 ,1 2 8 ,8 2 0 61

2 ,3 2 5 ,7 8 0 85

3 ,5 2 6 ,0 3 1 73

2 ,4 4 2 ,0 6 5 88

9 5 9 ,3 6 5 22

9 9 0 ,3 0 1 63

1 1 ,3 2 3 ,9 7 6 44

1 2 ,4 7 3 ,2 5 3 68

1 2 ,6 4 2 ,4 3 8 95

1 2 ,0 5 3 ,6 4 2 00

1 5 ,2 6 5 ,2 5 0 30

1 8 ,0 1 1 ,0 5 3 82

1 7 ,2 2 0 ,8 0 6 46

7 , 2 1 8 ,9 3 0 00

7 ,4 6 9 ,0 3 0 00

7 ,9 3 9 ,9 8 5 00

7 ,8 6 3 ,2 6 5 00

9 ,0 1 0 ,4 7 5 00

9 ,8 9 4 ,1 0 0 50

1 0 ,1 6 1 ,9 8 7 50

4 1 ,5 9 5 9 0

9 1 ,4 9 5 96

8 5 ,9 4 8 00

3 5 8 ,5 3 8 03

1 2 4 ,2 6 5 83

1 4 2 ,0 6 4 9 3

2 7 0 ,8 7 9 75

3 5 ,0 0 0 00

1 3 ,0 0 0 00

1 2 5 ,0 0 0 00

4 4 5 ,0 0 0 00

1 3 0 ,0 0 0 00

7 4 ,0 0 0 00

4 5 6 ,0 0 0 00

2 3 ,2 8 1 9 3

5 1 ,6 1 3 73

3 2 ,3 6 0 07

2 6 ,6 9 1 01

1 3 ,3 0 0 00

2 9 ,6 1 0 00

1 8 ,9 4 0 00

6 1 ,8 9 2 08

6 5 ,8 8 1 50

5 1 ,2 2 2 45

3 1 ,5 1 0 89

4 1 ,9 9 5 56

5 6 3 ,0 0 0 00

3 0 6 ,0 0 0 00

2 0 0 ,0 0 0 00

2 0 9 ,2 0 0 00

$143,530,641 03

$157,5 3 1 ,5 3 0 54

$ 1 5 7 ,2 6 1 ,9 0 6 7 6

1 9 4 ,9 8 8 00

$ 1 0 9 ,3 9 8 ,1 3 8 47

$ 1 1 7 ,4 9 5 ,4 6 0 83


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

$ 1 3 2 ,5 1 5 ,4 3 9 07

$132,690,353 31

STA TE

lxxvi

BAN KING

D EPA R TM EN T.

STATE BANKS.
1910.
A b s tr a c ts o f r e p o r ts m a d e b y th e S ta te b a n k s o f M ic h ig a n to th e C o m m is s io n e r of th e B a n k ­
in g D e p a r tm e n t, th e r e p o r ts b e in g c a lle d fo r o n p a s t d a y s u n k n o w n to the b a n k officers,
v iz ., J a n u a r y 3 1 , M a r c h 2 9 , J u n e 3 0 , S e p te m b e r 1 a n d N o v e m b e r 1 0 , 1 9 1 0 . F o r r e p o r ts
o f in d iv id u a l S ta te b a n k s a n d tr u s t c o m p a n ie s see su c c e e d in g p a g e s .

R e s o u rc e s .

R e p o r t of
J a n . 31,
377 s ta t e
banks, 5 tru s t
c o m p a n ie s.

L o a n s a n d d is c o u n ts :
C o m m e rc ia l d e p a r t m e n t ....................... $ 7 8 ,0 5 9 ,8 2 8
S a v in g s d e p a r t m e n t ............................... 3 2 ,7 1 1 ,9 0 2
B o n d s , m o rtg a g e s a n d s e c u ritie s :
C o m m e rc ia l d e p a r t m e n t ........................ 1 2 ,4 9 9 ,3 0 1
S a v in g s d e p a r t m e n t ................................ 9 7 ,6 5 2 ,3 1 9
1 2 7 ,3 8 4
P r e m iu m a c c o u n t..........................................
3 1 3 ,7 9 1
O v e r d r a f t s ........................................................
B a n k in g h o u s e .................: ....................... 1
5 ,5 1 0 ,2 1 6
O th e r r e a l e s t a t e ...........................................
D u e fro m o t h e r b a n k s a n d b a n k e rs ,
n o t re s e r v e c i t i e s ....................................x.
I te m s in t r a n s i t .............................................
U n ite d S t a te s b o n d s :
S a v in g s d e p a r t m e n t ...............................
D u e f ro m b a n k s in r e s e r v e c itie s :
C o m m e rc ia l d e p a r t m e n t .......................
S a v in g s d e p a r t m e n t ...............................
E x c h a n g e s fo r c le a rin g h o u s e s:
C o m m e rc ia l d e p a r t m e n t . ......................
S a v in g s d e p a r t m e n t ...............................
U . S. a n d N a tio n a l b a n k c u rre n c y :
s C o m m e rc ia l d e p a r t m e n t........................
S a v in g s d e p a r t m e n t ...............................
G o ld c o in :
C o m m e rc ia l d e p a r t m e n t .......................
S a v in g s d e p a r t m e n t ...............................
S ilv e r c o in :
C o m m e rc ia l d e p a r t m e n t ........................
S a v in g s d e p a r t m e n t ...............................
N ic k e ls a n d c e n ts :
C o m m e rc ia l d e p a r t m e n t .......................
S a v in g s d e p a r t m e n t ...............................
C h eck s a n d o t h e r c a s h i te m s ...................

63
72
21
28
69
51

R e p o r t of
M a rc h 29 ,
380 s ta t e
banks, 5 tru s t
c o m p a n ie s.

R e p o r t of
J u n e 30,
385 s ta t e
b anks, 5 tru s t
c o m p a n ie s.

R e p o r t of
S e p t. 1,
387 s ta t e
banks, 5 tru s t
c o m p a n ie s.

$ 8 1 ,0 8 8 ,7 7 1 48
3 4 ,3 7 9 ,5 6 5 87

$ 8 2 ,9 1 5 ,0 4 7 2 0
3 5 ,7 3 9 ,6 9 5 57

$ 8 4 ,4 9 8 ,9 7 8 60
3 7 ,5 9 3 ,4 4 8 26

$ 8 4 ,9 8 0 ,0 7 0 04
3 7 ,5 6 7 ,3 5 0 12

1 2 ,5 1 2 ,0 0 8
1 0 2 ,8 1 0 ,0 7 9
1 3 4 ,6 0 4
3 4 7 ,3 2 9

1 3 ,2 5 4 ,0 6 5
1 0 4 ,2 9 2 ,7 9 3
1 2 9 ,7 2 4
4 0 5 ,6 5 5

1 3 ,4 5 6 ,0 5 0
1 0 6 ,0 8 6 ,2 4 4
1 1 4 ,4 4 2
4 3 0 ,6 9 8

1 2 ,9 5 3 ,8 6 2
9 9 ,4 4 4 ,3 2 6
1 4 8 ,4 5 9
3 4 9 ,6 9 5

18
42
77
01

12
19
66
48

34
38
22
51

R e p o r t of
N o v . 10,
397 s ta t e
banks, 5 tru s t
c o m p a n ie s.

74
64
54
51

26

5 ,5 1 7 ,9 3 0 81

5 ,6 9 3 ,0 0 1 37

5 ,7 3 9 ,0 5 5 02

5 ,9 2 7 ,6 6 5 67

1 ,4 5 8 ,5 6 4 99

1 ,4 3 4 ,9 1 5 95

1 ,5 5 8 ,6 6 1 57

1 ,2 0 4 ,5 1 8 31

1 ,2 2 9 ,2 2 7 35

8 3 4 ,1 6 4 63
1 ,5 9 8 ,9 4 5 76

7 7 7 ,8 6 5 62
1 ,7 1 1 ,0 4 8 11

6 9 5 ,1 4 8 26
1 ,8 4 7 ,0 1 8 50

6 4 1 ,3 4 3 25
1 ,5 5 2 ,9 0 7 91

8 1 1 ,2 3 2 70
2 ,2 8 7 ,4 8 2 09

5 2 0 ,1 0 2 50

5 1 0 ,1 2 0 00

5 1 0 ,1 2 0 00

5 0 1 ,1 2 0 00

5 1 4 ,6 2 0 0 0

1 5 ,1 0 1 ,9 3 1 58
1 8 ,3 0 9 ,6 3 9 34

1 5 ,4 3 0 ,2 3 1 28
1 9 ,6 0 4 ,8 2 4 08

1 5 ,1 7 2 ,3 5 9 72
1 8 ,9 1 7 ,8 3 5 82

1 4 ,5 6 2 ,3 7 9 95
1 8 ,5 4 3 ,4 1 6 82

1 4 ,4 9 1 ,0 0 5 37
1 8 ,3 2 9 ,8 6 7 41

1 ,3 7 2 ,4 0 1 74
1 9 4 ,8 0 9 05

1 , 0 5 4 ,1 4 4 07
1 4 7 ,4 1 3 34

1 ,8 8 8 ,3 1 8 32
1 8 1 ,6 6 7 55

1 ,2 5 5 ,6 8 4 50
9 9 ,0 8 2 19

1 ,3 6 7 ,1 2 8 7 8
1 4 0 ,2 4 6 78

4 ,5 5 0 ,6 3 1 03
4 ,3 2 8 ,2 7 0 39

3 ,9 0 3 ,6 8 7 54
4 ,8 7 7 ,3 7 0 84

4 ,9 7 3 ,6 1 4 95
5 ,0 2 0 ,8 9 5 58

4 ,4 0 9 ,3 4 4 42
4 ,4 7 7 ,6 4 0 48

4 ,1 9 3 ,3 2 7 60
5 ,3 2 0 ,1 0 0 35

1 ,1 5 1 ,8 3 4 55
4 ,0 9 0 ,6 2 6 88

1 ,1 2 9 ,4 3 4 45
3 ,9 8 1 ,0 2 4 51

, 1 ,2 1 5 ,3 5 6 53
4 ,2 0 3 ,1 9 8 90

1 ,1 5 1 ,4 0 7 80
4 , 2 9 3 ,7 9 6 57

9 8 4 ,5 6 9 9 2
4 ,2 0 5 ,1 2 7 40

7 7 3 ,2 4 8 30
2 2 9 ,0 6 0 9 2

♦ 7 0 9 ,9 1 7 96
2 1 7 ,1 9 7 97

7 6 2 ,7 0 4 61
2 2 0 ,3 4 8 64

7 7 9 ,1 9 5 53
6 3 3 ,2 2 9 9 3

8 1 8 ,3 9 1 25
2 3 7 ,0 6 3 66

8 2 ,9 8 0 83
1 9 ,9 0 6 76
4 7 3 ,9 2 1 47

7 0 ,1 6 2 58
2 4 ,8 4 0 97
3 4 1 ,2 3 8 13

7 5 ,5 6 6 27
2 1 ,3 5 5 06
5 6 1 ,3 9 0 18

8 1 ,9 6 6 18
2 2 ,0 7 3 36
3 9 7 ,9 0 0 09

8 1 ,2 0 9 45
2 4 ,9 6 4 4 3
3 9 8 ,0 2 9 49

T o t a l s ....................................................... $ 281,965,785 02

$ 289,808,048 94

$29 7 ,9 7 7 ,3 2 6 05

$3 0 0 ,5 2 0 ,7 2 7 62

$ 3 0 3 ,9 9 6 ,1 1 6 29

00
23

$ 2 2 ,9 7 0 ,9 1 0 00
1 1 ,8 3 0 ,3 3 3 23

$ 2 3 ,5 6 2 ,4 2 2 00
1 1 ,8 6 5 ,8 0 5 16

$ 2 3 ,6 5 4 ,5 0 0 00
1 1 ,9 2 9 ,4 8 2 47

$ 2 3 ,8 6 2 ,8 1 0 00
1 2 ,0 1 5 ,1 4 6 57

98
96
66
30
13
80
08
24
90
41
60
73
00

5 ,1 0 9 ,8 2 1
4 4 ,9 3 7
6 4 ,2 0 1 ,3 2 4
1 5 ,4 1 4 ,5 0 4
3 1 6 ,4 5 8
2 6 3 ,4 4 9
6 0 8 ,1 6 2
8 ,5 8 2 ,2 9 5
1 2 3 ,3 3 6 ,4 1 6
3 6 ,6 5 7 ,8 4 9
2 2 8 ,6 9 5
1 0 4 ,8 8 9
1 3 8 ,0 0 0

4 ,7 5 2 ,8 0 0
3 3 4 ,6 9 0
6 7 ,3 2 0 ,4 1 4
1 5 ,3 9 1 ,3 4 3
3 5 7 ,7 4 8
2 5 4 ,8 6 1
9 4 2 ,3 4 2
7 ,7 5 1 ,6 1 4
1 2 8 ,1 7 1 ,5 3 9
3 6 ,6 9 3 ,3 2 4
2 2 4 ,1 3 7
9 9 ,7 6 5
2 1 5 ,0 0 0
3 9 ,5 1 7

5 ,0 1 0 ,6 0 9
2 0 ,2 4 7
6 7 ,1 0 3 ,5 6 5
1 5 ,7 1 4 ,7 2 5
2 5 7 ,1 1 8
3 4 1 ,6 6 0
8 0 3 ,9 8 5
7 ,7 7 6 ,2 9 0
1 2 9 ,8 3 6 ,4 4 3
3 7 ,2 7 1 ,2 7 8
1 3 9 ,5 6 4
1 6 0 ,3 7 9
2 5 7 ,0 0 0
2 4 3 ,8 7 5

5 ,8 6 7 ,5 0 8
1 3 ,0 2 4
6 7 ,2 3 8 ,1 8 8
1 5 ,9 3 7 ,2 7 2
1 9 6 ,4 7 0
2 7 9 ,1 7 9
3 9 0 ,6 4 6
8 ,2 2 2 ,4 6 5
1 3 1 ,8 6 0 ,5 6 0
3 7 ,2 1 1 ,7 8 8
1 9 2 ,3 4 4
2 2 1 ,1 5 2
4 4 1 ,5 0 0
4 6 ,0 5 8

L ia b ilitie s .
C a p ita l s to c k p a id i n .................................. $ 2 2 ,2 0 9 ,6 3 0
1 1 ,8 2 3 ,2 6 7
U n d iv id e d p ro fits , le s s lo sse s, c u r r e n t
4 ,5 3 7 ,4 6 1
e x p e n se s , i n te r e s t a n d t a x e s p a i d . .
2 7 ,4 9 4
D iv id e n d s u n p a i d .........................................
C o m m e rc ia l d e p o s its s u b je c t to c h e ck 6 4 ,3 3 1 ,9 9 0
C o m m e rc ia l c e rtific a te s of d e p o s it . . . . 1 4 ,8 8 7 ,9 0 2
1 6 5 ,1 7 7
C e rtifie d c h e c k s .............................................
3 0 9 ,6 7 7
C a sh ier’s c h e ck s o u t s t a n d in g ...................
3 6 1 ,7 4 7
S t a te m o n ie s o n d e p o s it ............................
7 ,9 5 7 ,4 2 8
D u e t o b a n k s a n d b a n k e r s .......................
S a v in g s d e p o s it s ........................................... 1 1 9 ,5 5 1 ,4 2 8
S a v in g c e rtific a te s of d e p o s i t .................. 3 5 ,4 0 5 ,1 5 7
1 3 8 ,5 2 8
R e s e rv e d fo r ta x e s , i n te r e s t, e t c ............
5 7 ,8 9 2
N o te s a n d b ills r e - d i s c o u n t e d .................
2 0 1 ,0 0 0
B ills p a y a b l e ...................................................
O t h e r l i a b i li ti e s .............................................

T o t a l s ....................................................... $281,9 6 5 ,7 8 5 02


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

72
13
10
53
67
46
53
70
65
77
86
59
00

$289,8 0 8 ,0 4 8 94

25
00
16
99
13
81
80
13
68
65
19
02
00
08

$297,9 7 7 ,3 2 6 05

79
46
75
50
01
96
35
36
22
18
72
98
00
87

$300,5 2 0 ,7 2 7 62

17
41
48
92
57
90
17
26
88
03
39
22
00
32

$30 3 ,9 9 6 ,1 1 6 29

REPO RT

OF T H E

COM MISSIONER.

lxxvii

NATIONAL BANKS.
1910.
A b s tr a c ts o f r e p o r ts m a d e b y th e N a tio n a l b a n k s o f M ic h ig a n to th e C o m m is s io n e r o f th e
B a n k in g D e p a r tm e n t, J a n u a r y 8 1 , M a r c h 2 9 , J u n e 3 0 , S e p te m b e r 1 a n d N o v e m b e r 1 0 ,
1 9 1 0 . F o r r e p o r ts o f i n d iv id u a l N a tio n a l b a n k s see su c c e e d in g p a g e s .

R e s o u rc e s .

R e p o r t of
J a n . 31,
9 9 n a tio n a l
banks.

L o a n s a n d d i s c o u n t s .................................... $ 9 3 ,2 1 2 ,2 6 9 36

R e p o r t of
M a rc h 29,
100 n a tio n a l
b anks.

R e p o r t of
J u n e 30,
101 n a tio n a l
banks.

R e p o r t of
S e p t. 1,
101 n a tio n a l
b anks.

R e p o r t of
N o v . 10,
1 0 2 n a tio n a l
b anks.

$ 9 4 ,8 6 0 ,9 8 6 96

$ 9 6 ,6 0 7 ,8 5 4 77

$ 9 8 ,6 8 4 ,2 8 7 14

O v e rd ra fts , s e c u re d a n d u n s e c u r e d ___

2 2 2 ,0 0 1 19

2 3 9 ,5 1 7 81

2 2 6 ,0 5 0 45

2 4 6 ,1 6 5 35

2 2 4 ,7 9 3 19

U . S. b o n d s t o s e c u re c ir c u la t io n ..........

1 0 ,5 4 9 ,0 5 0 00

1 0 ,5 2 5 ,7 5 0 00

1 0 ,3 4 1 ,2 5 0 00

1 0 ,5 4 3 ,7 5 0 00

1 0 ,2 7 2 ,2 5 0 00

U . S. b o n d s to se c u re U . S. d e p o s its t .

9 7 0 ,0 0 0 00

9 7 1 ,0 0 0 00

9 7 1 ,0 0 0 00

9 7 1 ,0 0 0 00

9 7 0 ,0 0 0 00

O th e r b o n d s t o s e c u re U . S. d e p o s it s ..

6 0 ,0 0 0 00

5 0 ,0 0 0 00

5 0 ,0 0 0 00

5 0 ,0 0 0 00

5 0 ,0 0 0 00

U . S. b o n d s on h a n d ...................................

1 9 3 ,9 6 0 00

1 4 0 ,2 8 0 00

5 0 8 ,9 8 0 00

2 3 4 ,9 8 0 00

9 8 ,9 8 0 00

$ 9 4 ,3 9 9 ,2 4 7 59

P r e m iu m s o n U . S. b o n d s ........................

1 5 3 ,3 9 6 81

1 5 0 ,4 5 0 53

1 2 9 ,7 3 8 73

1 2 3 ,4 5 0 39

1 0 7 ,9 5 6 02

S to c k s, s e c u ritie s, e t c .................................

1 5 ,3 2 6 ,0 6 6 47

1 4 ,9 4 7 ,3 0 6 47

1 4 ,8 2 2 ,8 2 2 0 4

1 4 ,9 6 8 ,9 7 5 40

1 4 ,8 0 6 ,1 6 7 50

B a n k in g h o u s e , f u r n i tu r e a n d f ix tu re s

2 ,6 6 9 ,8 8 6 35

2 ,6 8 7 ,8 8 6 14

2 ,7 2 5 ,3 2 3 97

2 ,7 4 1 ,4 1 8 25

2 ,7 6 0 ,0 9 4 59

O th e r r e a l e s ta t e a n d m o rtg a g e s ow ned
D u e fro m n a tio n a l b a n k s (n o t re s e rv e
a g e n t s ) ..........................................................

2 9 0 ,1 0 8 23

2 9 0 ,2 3 0 06

2 6 8 ,9 3 6 48

2 7 9 ,4 9 4 44

2 3 3 ,7 9 3 96

4 ,0 6 5 ,3 1 6 84

4 ,3 6 8 ,6 5 9 35

4 ,6 3 0 ,1 3 1 05

3 ,7 7 0 ,9 5 0 13

4 ,5 3 0 ,2 7 2 86

D u e fro m s t a t e b a n k s a n d b a n k e r s . . .

2 ,7 0 5 ,6 8 4 78

2 ,8 3 9 ,5 9 3 64

2 ,6 9 9 ,8 0 6 81

2 ,7 0 4 ,6 6 2 1 6

2 ,8 2 4 ,6 6 8 39

D u e fro m a p p ro v e d r e s e rv e a g e n ts ___

1 4 ,6 6 3 ,4 8 7 25

1 5 ,2 3 9 ,4 5 4 58

1 4 ,1 3 4 ,1 1 8 74

1 2 ,4 2 3 ,4 6 0 60

1 2 ,5 0 8 ,3 9 6 52

C h eck s a n d o t h e r c a sh i t e m s ...................

2 7 9 ,2 5 2 95

3 0 5 ,4 1 5 63

4 9 0 ,1 9 7 01

4 0 8 ,9 5 4 86

2 8 2 ,8 0 5 75

E x c h a n g e s f o r c le a rin g h o u s e .................

1 ,0 4 7 ,8 0 0 95

8 8 4 ,8 6 5 43

1 ,3 2 5 ,1 6 0 64

1 ,0 6 2 ,2 2 4 76

8 8 5 ,4 1 9 43

N o te s of o t h e r n a tio n a l b a n k s ...............
F r a c tio n a l p a p e r c u rre n c y , n ic k e ls a n d
c e n t s ..............................................................
S p e c i e .................................................................
L e g a l t e n d e r n o t e s .......................................
R e d e m p tio n fu n d w ith U . S. tre a s u r e r
(5 % of c ir c u la t io n ) .................................
D u e fro m U . S. tr e a s u r e r , o t h e r t h a n
5 % r e d e m p tio n f u n d .............................

8 9 5 ,5 1 0 00

9 3 9 ,9 9 9 00

1 ,1 7 3 ,4 9 8 00

1 ,2 4 0 ,9 1 3 00

9 3 5 ,1 2 8 00

5 9 ,0 9 5 93
7 , 0 7 6 ,3 7 3 15
3 ,5 7 7 ,9 1 9 00

5 5 ,5 1 0 06
6 ,9 3 6 ,4 4 4 99
3 ,7 3 1 ,1 3 3 00

5 3 ,4 7 7 54
6 ,9 0 9 ,0 3 6 74
4 ,1 3 5 ,1 2 4 00

6 0 ,2 8 8 75
7 ,3 0 4 ,3 6 4 27
3 ,8 8 1 ,7 8 5 00

5 7 ,9 4 3 82
6 ,8 5 0 ,6 1 3 85
3 ,8 0 2 ,5 8 2 0 0

5 1 2 ,1 0 5 00
N
1 6 1 ,1 7 2 50

5 0 7 ,1 6 0 00

4 9 8 ,6 1 5 00

4 8 6 ,8 5 7 50

5 0 4 ,0 8 5 00

1 3 8 ,9 0 2 50

2 0 3 ,6 2 4 94

1 4 5 ,2 1 7 00

1 5 6 ,7 0 8 29

T o t a l s ....................................................... $158,6 9 0 ,4 5 6 76

$ 160,810,546 15

$ 162,904,746 91

$ 1 62,333,199 00

$ 1 5 7 ,2 6 1 ,9 0 6 76

C a p ita l s to c k p a id i n ................................... $ 1 5 ,1 5 5 ,0 0 0 00
6 ,5 7 0 ,3 1 0 00
S u rp lu s f u n d ...................................................
U n d iv id ed p ro fits les s e x p e n s e s a n d
t a x e s p a i d ....................................................
2 ,3 1 4 ,4 4 6 00
N a tio n a l b a n k n o te s o u t s t a n d in g . .* . . 1 0 ,3 8 0 ,3 5 0 00
D u e to o th e r n a tio n a l b a n k s ...................
5 ,5 1 3 ,7 6 6 71
D u e t o s t a t e b a n k s a n d b a n k e r s ........... 1 3 ,7 4 2 ,2 8 0 96
8 ,8 2 2 84
D iv id e n d s u n p a i d .........................................
I n d iv id u a l d e p o s its s u b je c t t o c h e c k . . 1 0 3 ,7 1 0 ,4 5 8 67
6 4 2 ,2 6 9 37
U n ite d S ta te s d e p o s it s ...............................
D e p o s its of U . S. d is b u rs in g o ffic e rs ...
3 0 0 ,1 5 7 36
B o n d s b o r r o w e d ............................................
2 0 0 ,0 0 0 00
1 1 ,0 0 0 00
N o te s a n d b ills r d is c o u n te d .....................
9 8 ,5 0 1 05
B ills p a y a b l e ...................................................
1 4 ,2 8 0 02
R e s e rv e d fo r t a x e s .......................................
L ia b ilitie s o t h e r t h a n th o s e a b o v e
s t a t e d ............................................................
2 8 ,8 1 3 78

$ 1 5 ,1 1 7 ,5 0 0 00
6 ,5 5 4 ,9 0 0 00

$ 1 5 ,1 8 6 ,6 0 0 00
6 ,7 4 2 ,1 0 0 00

$ 1 5 ,1 0 7 ,6 0 0 00
6 ,7 7 0 ,7 7 5 00

$ 1 4 ,6 4 1 ,3 0 0 00
6 ,6 8 0 ,6 0 3 00

2 ,7 0 8 ,4 3 6
1 0 ,3 5 5 ,8 9 5
5 ,4 3 3 ,3 2 0
1 4 ,3 2 4 ,4 5 4
1 2 ,4 6 7
1 0 4 ,8 0 4 ,5 6 8
6 8 8 ,0 4 7
2 9 0 ,9 2 7
2 0 0 ,0 0 0
8 5 ,1 8 4
1 5 5 ,0 0 0
4 1 ,8 2 1

2 ,5 6 1 ,5 9 9
1 0 ,2 0 2 ,6 5 5
5 ,0 0 3 ,4 5 8
1 3 ,9 9 0 ,4 9 7
3 3 5 ,8 5 9
1 0 7 ,0 9 6 ,9 0 3
6 4 4 ,9 2 1
3 0 0 ,3 8 9
2 0 3 ,2 0 0
2 9 5 ,1 2 2
2 3 0 ,0 0 0
8 7 ,2 0 4

2 ,7 4 6 ,7 8 6
1 0 ,3 7 8 ,2 3 0
5 ,2 3 5 ,1 2 0
1 3 ,2 1 1 ,9 7 4
1 0 2 ,8 9 3
1 0 7 ,3 9 9 ,8 5 0
6 5 0 ,8 8 3
2 8 8 ,7 7 4
2 0 3 ,2 0 0
1 3 9 ,9 4 8
5 2 ,5 0 0
3 0 ,2 6 3

3 ,0 7 3 ,3 8 6
1 0 ,1 6 1 ,9 8 7
4 ,6 9 7 ,7 3 6
1 2 ,5 2 3 ,0 7 0
1 6 ,9 0 9
1 0 3 ,4 7 9 ,5 9 6
7 2 6 ,3 5 5
2 6 3 ,9 4 5
2 0 9 ,2 0 0
2 7 0 ,8 7 9
4 5 6 ,0 0 0
4 1 ,9 9 5

3 8 ,0 2 3 62

2 4 ,2 3 5 00

1 4 ,4 0 0 00

1 8 ,9 4 0 00

T o t a l s ....................................................... $ 1 58,690,456 76

$ 1 60,810,546 15

$162,9 0 4 ,7 4 6 91

$ 1 62,333,199 00

$ 1 5 7 ,2 6 1 ,9 0 6 76

L ia b ilitie s .


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

83
00
87
40
29
27
11
27
00
18
00
31

58
00
61
97
19
52
89
05
00
83
00
27

07
00
09
67
42
51
03
41
00
12
00
68

99
50
21
25
31
56
72
91
00
75
00
56

STATE BANKING DEPARTMENT.

lxxviii

STATE AND NATIONAL BANKS.
1910.
A b s tr a c ts s h o w in g the to ta l v o lu m e o f b u s in e s s tr a n s a c te d b y the S ta te a n d N a tio n a l b a n k s
a n d tr u s t c o m p a n ie s o f M ic h ig a n , a s m a d e to the C o m m is s io n e r of th e B a n k in g D e p a r t­
m e n t, J a n u a r y 8 1 , M a r c h 2 9 , J u n e 8 0 , S e p te m b e r 1 a n d N o v e m b e r 1 0 , 1 9 1 0 .

R e s o u rc e s .

R e p o r t of
J a n . 31, 377
s ta te ban k s,
9 9 n a tio n a l
b anks, 5 tru s t
c o m p a n ie s.

R e p o r t of
M a rc h 29, 380
s ta te ban k s,
1 0 0 n a tio n a l
b anks, 5 tru s t
c o m p a n ie s.

R e p o r t of
J u n e 30, 385
s ta te b an k s,
101 n a tio n a l
b anks, 5 tru s t
c o m p a n ie s.

R e p o r t of
S e p t. 1, 387
s ta te b an k s,
101 n a tio n a l
b anks, 5 tru s t
c o m p a n ie s.

R e p o r t of
N o v . 10, 397
s ta te b an k s,
102 n a tio n a l
b anks, 5 tru s t
c o m p a n ie s.

L o a n s a n d d is c o u n t s .................................. $203,9 8 4 ,0 0 0 71

$2 1 0 ,3 2 9 ,3 2 4 31

$215,2 6 2 ,5 9 7 54

$22 0 ,7 7 6 ,7 1 4 00

$ 2 1 6 ,9 4 6 ,6 6 7 75

S to c k s, b o n d s a n d m o r t g a g e s ................. 1 2 5 ,4 7 7 ,6 8 6 9 6

1 2 7 ,3 4 5 ,4 9 5 07

1 3 0 ,1 4 4 ,9 0 9 35

1 3 2 ,5 1 5 ,8 3 4 12

1 3 4 ,3 4 8 ,4 6 2 88

O v e r d r a f t s .......................................................

5 3 5 ,7 9 2 70

5 8 9 ,2 1 2 82

5 7 3 ,3 7 9 93

6 5 1 ,8 2 0 86

6 5 5 ,4 9 1 7 0

U . S. b o n d s t o s e c u re c ir c u la t io n ..........

1 0 ,5 4 9 ,0 5 0 00

1 0 ,5 2 5 ,7 5 0 00

1 0 ,3 4 1 ,2 5 0 00

1 0 ,5 4 3 ,7 5 0 00

1 0 ,2 7 2 ,2 5 0 0 0

LJ. S. b o n d s t o s e c u re U . S. d e p o s it s . .

9 7 0 ,0 0 0 00

9 7 1 ,0 0 0 00

9 7 1 ,0 0 0 00

9 7 1 ,0 0 0 00

9 7 0 ,0 0 0 00

O th e r b o n d s to s e c u re U . S. d e p o s it s ..

6 0 ,0 0 0 00

5 0 ,0 0 0 00

5 0 ,0 0 0 00

5 0 ,0 0 0 00

5 0 ,0 0 0 00

U . S. b o n d s o n h a n d ...................................

7 1 4 ,0 6 2 00

6 5 0 ,4 0 0 00

1 ,0 1 9 ,1 0 0 00

7 3 6 ,1 0 0 00

6 1 3 ,6 0 0 0 0

P r e m iu m s p a i d ..............................................

2 8 0 ,7 8 2 00

2 9 8 ,9 1 0 30

2 6 4 ,3 4 3 39

2 5 3 ,1 7 4 61

2 2 2 ,3 9 8 5 6

B a n k in g h o u s e , f u r n i tu r e a n d fix tu re s .

8 ,1 8 0 ,1 0 2 61

8 ,2 0 5 ,8 1 6 95

8 ,4 1 8 ,3 2 5 34

8 ,4 8 0 ,4 7 3 27

8 , 6 8 7 ,7 6 0 2 6

O th e r r e a l e s t a t e ...........................................

1 ,7 4 8 ,6 7 3 22

1 ,7 2 5 ,1 4 6 01

1 ,8 2 7 ,5 9 8 05

1 ,4 8 4 ,0 1 2 75

1 ,4 6 3 ,0 2 1 31

D u e fro m o t h e r b a n k s a n d b a n k e r s . . .

9 ,2 0 4 ,1 1 2 01

9 ,6 9 7 ,1 6 6 72

9 ,8 7 2 ,1 0 4 62

8 ,6 6 9 ,8 6 3 45

1 0 ,4 5 3 ,6 5 6 0 4
4 5 ,3 2 9 ,2 6 9 3 0

D u e fro m b a n k s in re s e r v e c i t i e s ..........

4 8 ,0 7 5 ,0 5 8 17

5 0 ,2 7 4 ,5 0 9 94

4 8 ,2 2 4 ,3 1 4 28

4 5 ,5 3 9 ,2 5 7 37

C h eck s a n d o th e r c a s h i t e m s ...................

7 5 3 ,1 7 4 42

6 4 6 ,6 5 3 76

1 ,0 5 1 ,5 8 7 19

8 0 6 ,8 5 4 95

6 8 0 ,8 3 5 2 4

E x c h a n g e s fo r c le a rin g h o u s e .................

2 ,6 1 5 ,0 1 1 74

2 ,0 8 6 ,4 2 2 84

3 ,3 9 5 ,1 4 6 51

2 ,4 1 6 ,9 9 1 45

2 , 3 9 2 ,7 9 4 99

N ic k e ls a n d c e n t s .........................................

1 6 1 ,9 8 3 52

1 5 0 ,5 1 3 61

1 5 0 ,3 9 8 87

1 6 4 ,3 2 8 29

1 6 4 ,1 1 7 7 0

S p e c ie .................................................................

1 3 ,3 2 1 ,1 4 3 80

1 2 ,9 7 4 ,0 1 9 88

1 3 ,3 1 0 ,6 4 5 42

1 4 ,1 6 1 ,9 9 4 10

1 3 ,0 9 5 ,7 6 6 0 8

U . S. a n d n a ti o n a l b a n k n o t e s ................
R e d e m p tio n fu n d w ith U . S. t r e a s u r e r
(5 p e r c e n t, of c i r c u l a t i o n ) .................
D u e fro m TJ. S. t r e a s u r e r , o t h e r t h a n
5 p e r c e n t, r e d e m p tio n f u n d ..............

1 3 ,3 5 2 ,3 3 0 42

1 3 ,4 5 2 ,1 9 0 38

1 5 ,3 0 3 ,1 3 2 53

1 4 ,0 0 9 ,6 8 2 90

1 4 ,2 5 1 ,1 3 7 9 5

5 1 2 ,1 0 5 00

5 0 7 ,1 6 0 00

4 9 8 ,6 1 5 00

4 8 6 ,8 5 7 50

5 0 4 ,0 8 5 0 0

1 6 1 ,1 7 2 50

1 3 8 ,9 0 2 50

2 0 3 ,6 2 4 94

1 4 5 ,2 1 7 00

1 5 6 ,7 0 8 29

T o t a l s ....................................................... $440,656,241 78

$450,6 1 8 ,5 9 5 09

$460,8 8 2 ,0 7 2 96

$4 6 2 ,8 5 3 ,9 2 6 62

$ 4 6 1 ,2 5 8 ,0 2 3 05

$ 3 8 ,0 8 8 ,4 1 0 00
1 8 ,3 8 5 ,2 3 3 23

$ 3 8 ,7 4 9 ,0 2 2 00
1 8 ,6 0 7 ,9 0 5 16

$ 3 8 ,7 6 2 ,1 0 0 00
1 8 ,7 0 0 ,2 5 7 47

$ 3 8 ,5 0 4 ,1 1 0 00
1 8 ,6 9 5 ,7 4 9 57

7 ,8 1 8 ,2 5 8
1 0 ,3 5 5 ,8 9 5
2 8 ,3 4 0 ,0 7 0
5 7 ,4 0 4
1 8 5 ,0 0 0 ,3 0 5
1 5 9 ,9 9 4 ,2 6 6
6 0 8 ,1 6 2
9 7 8 ,9 7 4
2 0 0 ,0 0 0
2 7 0 ,5 1 7
1 9 0 ,0 7 3
2 9 3 ,0 0 0

7 ,3 1 4 ,3 9 9
1 0 ,2 0 2 ,6 5 5
2 6 ,7 4 5 ,5 7 0
6 7 0 ,5 4 9
1 9 0 ,4 2 1 ,2 7 1
1 6 4 ,8 6 4 ,8 6 4
9 4 2 ,3 4 2
9 4 5 ,3 1 0
2 0 3 ,2 0 0
3 1 1 ,3 4 1
3 9 4 ,8 8 7
4 4 5 ,0 0 0

7 , 7 5 7 ,3 9 5
1 0 ,3 7 8 ,2 3 0
2 6 ,2 2 3 ,3 8 5
1 2 3 ,1 4 0
1 9 0 ,8 1 6 ,9 2 0
1 6 7 ,1 0 7 ,7 2 1
8 0 3 ,9 8 5
9 3 9 ,6 5 7
2 0 3 ,2 0 0
1 6 9 ,8 2 8
3 0 0 ,3 2 8
3 0 9 ,5 0 0

8 ,9 4 0 ,8 9 5
1 0 ,1 6 1 ,9 8 7
2 5 ,4 4 3 ,2 7 1
2 9 ,9 3 3
1 8 7 ,1 3 0 ,7 0 8
1 6 9 ,0 7 2 ,3 4 8
3 9 0 ,6 4 6
9 9 0 ,3 0 1
2 0 9 ,2 0 0
2 3 4 ,3 3 9
4 9 2 ,0 3 1
8 9 7 ,5 0 0

L ia b ilitie s .
C a p ita l s to c k p a id i n .................................. $ 3 7 ,3 6 4 ,6 3 0 00
S u r p lu s f u n d ................................................... 1 8 ,3 9 3 ,5 7 7 23
U n d iv id e d _p ro fits les s e x p e n s e s a n d
6 ,8 5 1 ,9 0 7 98
t a x e s p a i d ....................................................
N a tio n a l b a n k n o te s o u t s t a n d in g .......... 1 0 ,3 8 0 ,3 5 0 00
D u e to b a n k s a n d b a n k e r s ....................... 2 7 ,2 1 3 ,4 7 5 91
3 6 ,3 1 7 80
D iv id e n d s u n p a i d .........................................
C o m m e rc ia l d e p o s it s .................................... 1 8 3 ,4 0 5 ,2 0 6 56
S a v in g s d e p o s i t s ............................................ 1 5 4 ,9 5 6 ,5 8 6 31
3 6 1 ,7 4 7 08
S t a te m o n e y s o n d e p o s i t ...........................
9 4 2 ,4 2 6 73
U n ite d S t a te s d e p o s it s ...............................
2 0 0 ,0 0 0 00
B o n d s b o r r o w e d ............................................
1 5 2 ,8 0 8 62
R e s e rv e d fo r t a x e s .......................................
6 8 ,8 9 2 73
N o te s a n d b ills r e d i s c o u n te d ...................
2 9 9 ,5 0 1 05
B ills p a y a b l e ...................................................
L ia b ilitie s o th e r t h a n th o s e a b o v e
2 8 ,8 1 3 78
s t a t e d ............................................................
T o t a l s ....................................................... $440,656,241 78


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

55
00
97
42
03
42
53
38
00
17
77
00

83
00
71
19
61
33
80
94
00
46
85
00

86
00
12
88
73
40
35
44
00
40
10
00

16
50
72
72
43
91
17
63
00
95
97
00

3 8 ,0 2 3 62

6 3 ,7 5 2 08

2 5 8 ,2 7 5 87

6 4 ,9 9 8 32

$450,6 1 8 ,5 9 5 09

$460,8 8 2 ,0 7 2 9 6

$46 2 ,8 5 3 ,9 2 6 62

$ 4 6 1 ,2 5 8 ,0 2 3 05

REPORT OF THE COMMISSIONER.

lxxix

D ET R O IT.
STATE B A N K S.

1910.
A b s tr a c ts o f the p u b lis h e d re p o rts of the S ta te b a n k s a n d tr u s t c o m p a n ie s in the c ity of D e tr o it,
a s m a d e to th e C o m m is s io n e r o f th e B a n k in g D e p a r tm e n t, J a n u a r y 3 1 , M a r c h 2 9 , J u n e 3 0 ,
S e p te m b e r 1 a n d N o v e m b e r 1 0 , 1 9 1 0 .

R e s o u rce s .

R e p o r t of
R e p o r t of
R e p o r t of
R e p o r t o"
R e p o r t of
N o v . 10, 11
S e p t. 1, 11
J u n e 30, 11
M a rc h 29, 11
J a n . 31, 11
s ta te ban k s, 3
s ta te ban k s, 3
s ta te b anks, 3
s ta te b an k s, 3
s ta te ban k s, 3
t r u s t co m p a n ie s. t r u s t c o m p a n ie s. t r u s t co m p a n ie s. t r u s t co m p a n ie s. t r u s t c o m p a n ie s.

i
L o a n s a n d d is c o u n ts :
C o m m e rc ia l d e p a r t m e n t ....................... $ 2 6 ,3 1 3 ,4 1 6 15 $ 2 7 ,1 2 3 ,1 7 7 24 $ 2 6 ,5 9 0 ,1 3 4 17 $ 2 7 ,9 4 7 ,0 4 2 87
1 3 ,5 8 4 ,4 3 9 1 6
1 0 ,9 5 1 ,1 2 0 02
1 3 ,0 6 1 ,0 0 3 78
9 ,8 3 6 ,0 3 2 88
S a y in g s d e p a r t m e n t ...............................
B o n d s , m o rtg a g e s a n d s e c u ritie s :
8 ,5 0 5 ,3 1 7 01
7 ,8 4 4 ,8 1 7 71
7 ,5 6 6 ,5 1 4 02
7 ,9 4 1 ,9 8 8 59
C o m m e rc ia l d e p a r t m e n t .......................
3 9 ,4 2 3 ,9 5 7 98
4 0 ,0 2 6 ,5 4 8 34
3 8 ,9 5 4 ,9 1 5 41
S a v in g s d e p a r t m e n t ............................... 3 8 ,7 6 9 ,0 9 4 79
7 8 ,4 1 2 55
5 9 ,2 6 3 68
5 2 ,1 0 3 82
6 0 ,3 6 6 32
P re m iu m a c c o u n t ......................................
1 4 ,0 9 7 72
1 5 ,7 7 9 77
1 8 ,3 6 1 45
1 4 ,0 5 5 69
O v e r d r a f t s .......... ............................................
B a n k in g h o u s e ...........................................1
1 ,6 6 4 ,1 4 6 51
1 ,6 7 5 ,5 5 6 56
1 ,5 5 4 ,7 4 2 70
1 ,5 5 6 ,5 0 0 1 3
F u r n it u r e a n d f i x t u r e s .......................... j
5 6 1 ,5 2 2 78
7 6 6 ,6 7 0 05
7 4 9 ,4 0 6 48
9 1 8 ,2 4 8 04
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 ,
2 8 9 ,7 5 2 12
3 0 6 ,2 0 7 07
2 7 0 ,7 5 1 04
3 4 6 ,2 1 3 66
n o t re s e rv e c i t i e s ......................................
9 5 8 ,3 6 2 81
8 6 9 ,6 5 8 67
5 6 3 ,9 5 3 74
8 8 9 ,5 7 1 19
I te m s in t r a n s i t .............................................
U n ite d S t a te s b o n d s :
4 2 5 ,0 0 0 00
4 2 5 ,0 0 0 00
4 2 5 ,0 0 0 00
4 2 5 ,0 0 0 00
S a v in g s d e p a r t m e n t ...............................
D u e fro m b a n k s in r e s e rv e c itie s :
5 ,0 6 5 ,1 8 2 34
5 ,0 6 2 ,5 5 9 18
5 ,1 6 6 ,9 2 9 99
6 ,1 6 2 ,0 2 8 59
C o m m ercial d e p a r t m e n t .......................
6 ,8 2 6 ,6 1 0 95
6 ,6 9 7 ,2 3 9 98
6 ,6 2 1 ,9 7 7 51
7 ,1 2 5 ,7 6 8 24
S a v in g s d e p a r t m e n t ...............................
E x c h a n g e fo r c le a rin g h o u s e s:
8 2 3 ,2 3 9 85
9 3 8 ,9 9 8 55
6 5 2 ,2 2 4 27
1 ,3 4 2 ,3 6 9 47
C o m m e rc ia l d e p a r t m e n t .......................
3 4 ,6 5 0 05
5 6 ,1 7 2 51
1 1 3 ,0 0 8 94
2 0 ,2 8 3 31
S a v in g s d e p a r t m e n t ...............................
U . S. a n d n a tio n a l b a n k c u rre n c y :
1 ,5 6 8 ,6 2 3 00
1 ,0 4 4 ,2 8 2 00
1 ,6 6 7 ,6 8 6 00
1 ,2 4 1 ,0 6 1 00
S a v in g s d e p a r t m e n t ...............................
1 ,7 1 7 ,6 9 3 00
1 ,2 4 1 ,4 8 4 00
1 ,3 1 4 ,6 7 8 00
1 ,8 1 0 ,5 7 5 00
C o m m e rc ia l d e p a r t m e n t........................
G o ld c o in :
2 1 4 ,9 8 2 95
2 1 2 ,6 1 7 88
2 0 0 ,6 7 5 01
1 5 8 ,3 1 5 1 3
C o m m e rc ia l d e p a r t m e n t .......................
1 ,7 8 1 ,6 5 9 39
1 ,7 9 7 ,6 4 5 26
1 ,7 9 5 ,8 6 7 21
1 ,6 1 9 ,8 5 7 84
S a v in g s d e p a r t m e n t ...............................
S ilv e r c o in :
2 3 4 ,1 1 2 24
2 2 1 ,8 5 9 37
2 2 7 ,1 0 6 25
2 2 6 ,9 2 9 85
C o m m e rc ia l d e p a r t m e n t .......................
1 9 ,5 9 2 54
1 9 ,5 2 8 35
4 2 3 ,9 0 0 05
2 6 ,2 1 9 55
S a v in g s d e p a r t m e n t ...............................
N ic k e ls a n d c e n ts :
1 1 ,8 2 6 67
1 4 ,6 7 6 07
2 1 ,4 4 9 33
1 4 ,2 2 6 05
C o m m e rc ia l d e p a r t m e n t .......................
2 ,6 4 2 87
3 ,4 3 4 69
3 ,8 9 9 9 9
2 ,9 0 6 46
S a v in g s d e p a r t m e n t ...............................
7 2 ,9 5 7 58
4 9 ,9 6 1 12
2 0 1 ,5 5 5 41
1 3 9 ,6 5 9 12
C h e c k s a n d o t h e r c a sh i t e m s ...................

$ 2 7 ,3 4 8 ,8 7 4 0 6
1 3 ,5 0 4 ,1 3 7 32
8 ,2 8 9 ,3 1 1
4 0 ,8 1 5 ,6 6 8
3 7 ,4 7 9
1 5 ,7 8 5

92
42
91
86

1 ,6 8 9 ,0 7 4 9 7
6 2 9 ,5 4 7 1 6
2 1 5 ,6 1 1 2 6
1 ,1 2 1 ,8 6 2 0 7
4 2 5 ,0 0 0 0 0
5 ,4 3 3 ,3 3 8 74
6 ,8 5 3 ,7 1 4 3 3
9 7 8 ,1 4 6 27
3 6 ,3 2 3 7 7
1 ,1 6 7 ,0 9 4 0 0
1 ,9 7 1 ,8 1 5 - 0 0
1 2 9 ,7 7 9 7 2
1 ,6 1 9 ,8 0 2 37
2 8 2 ,4 5 1 01
1 4 ,9 8 8 5 5
1 7 ,7 0 9 7 4
6 ,2 8 1 9 9
4 9 ,4 4 9 7 5

$ 1 06,899,585 23

$111,3 5 1 ,3 5 2 35

$111,9 3 5 ,1 1 2 22

$ 1 1 2 ,6 5 3 ,2 4 8 1 9

$ 6 ,0 7 0 ,0 0 0 00
5 ,3 4 0 ,0 0 0 00

$ 6 ,6 7 0 ,0 0 0 00
5 ,3 4 0 ,0 0 0 00

$ 6 ,6 7 0 ,0 0 0 00
5 ,4 1 0 ,0 0 0 00

$ 6 ,6 7 0 ,0 0 0 00
5 ,4 1 0 ,0 0 0 00

$ 6 ,6 /0 ,0 0 0 00
5 ,4 6 0 ,0 0 0 00

2 ,1 3 9 ,0 0 7
664
2 5 ,8 1 1 ,3 7 5
8 6 6 ,5 0 9
1 0 5 ,1 6 6
2 5 3 ,4 9 3
2 1 4 ,7 5 9
5 ,8 3 9 ,4 7 8
5 3 ,9 2 9 ,5 0 9
3 ,5 5 8 ,0 6 9
1 1 4 ,5 3 0

2 ,0 3 8 ,1 8 4
3 1 ,4 9 7
2 5 ,8 2 8 ,8 3 8
8 5 9 ,8 2 1
2 4 8 ,8 6 5
1 8 1 ,3 4 6
1 0 3 ,4 3 5
6 ,4 6 4 ,6 1 6
5 5 ,4 1 7 ,8 7 1
3 ,5 3 2 ,4 7 7
1 8 2 ,6 3 0

2 ,0 2 6 ,4 0 6
9 2 ,9 3 2
2 9 ,1 9 5 ,9 9 9
3 0 8 ,4 1 4
2 6 7 ,4 5 5
1 8 5 ,3 3 2
3 1 3 ,6 6 0
5 ,5 4 0 ,6 8 8
5 7 ,6 9 1 ,9 8 1
3 ,4 5 0 ,6 0 1
1 9 7 ,8 7 9

2 ,1 8 9 ,4 9 7
4 ,2 1 5
2 8 ,5 3 1 ,5 8 7
5 0 7 ,3 1 2
1 8 4 ,2 9 3
2 7 6 ,5 7 6
1 5 7 ,0 1 6
5 ,7 2 9 ,8 4 6
5 8 ,4 0 5 ,1 5 7
3 ,5 8 1 ,7 1 6
8 7 ,8 9 2

2 ,3 4 0 ,9 4 2
4 ,3 0 0
2 8 ,4 1 6 ,2 5 8
4 5 8 ,0 5 1
1 4 9 ,4 0 4
2 0 0 ,3 8 1
2 1 8 ,6 6 7
5 ,8 9 1 ,4 3 3
5 9 ,5 4 5 ,8 5 2
3 ,2 0 1 ,1 9 7
9 6 ,7 5 8

T o t a l s .................................... ................... $104,2 4 2 ,5 6 4 83
L ia b ilitie s .
C a p ita l s to 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 , les s lo sse s, c u r r e n t
e x p e n se s, i n te r e s t a n d t a x e s p a i d . . .
D iv id e n d s u n p a i d .........................................
C o m m e rc ia l d e p o s its s u b je c t t o c h e c k .
C o m m e rc ia l c e rtific a te s of d e p o s i t . . . .
C e rtifie d c h e c k s .............................................
C a s h ie r’s c h e ck s o u t s t a n d in g ...................
S t a t e m o n ie s o n 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 .......................
S a v in g s d e p o s i t s ...........................................
S a v in g s c e rtific a te s of d e p o s it ................
R e s e rv e d fo r ta x e s , in te r e s t, e t c ............

90
00
17
52
77
03
80
47
76
76
65

93
00
87
18
16
88
55
56
33
59
18

55
00
46
49
46
25
69
74
11
84
76

22
50
61
43
23
01
76
66
37
99
44

93
50
59
46
24
69
58
08
45
06
61

2 0 0 ,0 0 0 00
T o t a l s ....................................................... $104,242,564 83

G


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

$106,899,585 23

$111,3 5 1 ,3 5 2 35

$111,9 3 5 ,1 1 2 22

$ 1 1 2 ,6 5 3 ,2 4 8 1 9

STATE BANKING DEPARTMENT.

lxxx

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

1910.
A b s tr a c ts o f th e 'published, r e p o r ts o f the N a tio n a l b a n k s i n th e c ity of D e tr o it, a s m a d e to th e
C o m m is s io n e r o f th e B a n k in g D e p a r tm e n t, J a n u a r y 3 1 , M a r c h 2 9 , J u n e 3 0 , S e p te m b e r 1
a n d N ovem ber 10, 1910.

R e s o u rc e s .

R e p o r t of
J a n . 31, 4
n a ti o n a l b a n k s .

R e p o r t of
M a rc h 29, 4
n a tio n a l b a n k s .

R e p o r t of
J u n e 30, 4
n a ti o n a l b a n k s .

R e p o r t of
S e p t. 1, 4
n a ti o n a l b a n k s .

R e p o r t of
N o v . 10, 4
n a ti o n a l b a n k s .

$29 610 869 30

$30 229 346 26

$31 071 9 3 5 48

$32 193 005 33

O v e r d r a f ts , s e c u re d a n d u n s e c u r e d .. . .

5 ,7 8 9 21

9 ,5 6 6 83

1 6 ,4 0 1 62

1 5 ,5 2 2 12

7 ,8 3 6 31

U . S. b o n d s to se c u re c ir c u la t io n ..........

2 ,3 5 9 ,0 0 0 00

2 ,3 5 9 ,0 0 0 00

2 ,1 0 9 ,0 0 0 00

2 ,3 5 9 ,0 0 0 00

2 ,4 4 9 ,0 0 0 00

U . S. b o n d s to s e c u re U . S. d e p o s it s . .

4 3 1 ,0 0 0 00

4 3 1 ,0 0 0 00

4 3 1 ,0 0 0 00

4 3 1 ,0 0 0 00

4 3 1 ,0 0 0 0 0

U . S. b o n d s o n h a n d ....................................

6 4 ,4 2 0 00

1 4 ,4 2 0 00

3 5 9 ,4 2 0 00

1 0 9 ,4 2 0 00

1 9 ,4 2 0 00

P r e m iu m s o n U . S. b o n d s ........................

3 4 ,0 0 0 00

3 4 ,0 0 0 00

2 3 ,5 0 0 00

2 3 ,5 0 0 00

2 0 ,0 0 0 0 0

S to c k s, s e c u ritie s , e t c ..................................

4 ,6 3 3 ,3 7 4 59

4 ,4 3 0 ,3 6 8 00

4 ,1 5 9 ,8 1 3 34

4 ,1 8 6 ,0 0 9 77

3 ,9 5 9 ,1 2 0 42

B a n k in g h o u se , f u r n i tu r e a n d fix tu re s .

1 9 8 ,7 1 8 65

1 9 8 ,7 1 8 65

2 0 0 ,7 7 9 77

2 0 0 ,7 7 9 77

1 9 8 ,7 7 9 77

O th e r re a l e s ta t e a n d m o rtg a g e s ow ned
D u e fro m n a tio n a l b a n k s ( n o t re s e r v e
a g e n t s ) ..........................................................

2 ,4 8 9 ,2 2 1 49

2 ,8 5 8 ,9 5 2 80

3 ,3 9 7 ,3 5 6 98

2 ,5 1 3 ,6 5 3 30

3 ,4 0 6 ,9 1 8 25

D u e fro m s t a t e b a n k s a n d b a n k e r s . . .

1 ,3 3 5 ,0 8 8 29

1 ,4 8 9 ,6 4 8 35

1 ,3 1 2 ,6 6 2 54

1 ,3 3 8 ,0 0 1 35

1 ,7 9 7 ,8 9 5 46
4 ,0 0 7 ,7 6 6 83

$31 788 392 9 4

D u e fro m a p p ro v e d re s e r v e a g e n t s . . . .

3 ,2 6 2 ,8 8 3 91

4 ,4 4 9 ,0 8 0 53

4 ,5 8 4 ,5 9 3 88

3 ,1 3 9 ,4 5 4 34

C h e c k s a n d o t h e r c a sh ite m s ...................

6 7 ,8 2 0 85

5 4 ,0 0 5 53

2 2 6 ,5 1 7 59

1 5 1 ,0 4 1 51

7 4 ,3 6 3 05

E x c h a n g e s fo r c le a rin g h o u s e .................

7 8 2 ,9 6 7 86

6 6 3 ,9 6 7 97

9 9 8 ,1 3 6 53

7 4 2 ,8 3 5 9 3

6 7 3 ,6 7 5 79

N o te s of o th e r n a tio n a l b a n k s .................
F r a c tio n a l p a p e r c u rre n c y , n ic k e ls a n d
c e n t s ...............................................................

2 6 0 ,2 0 2 00

3 3 6 ,5 6 1 00

5 3 6 ,2 7 7 00

6 0 2 ,3 0 9 00

3 0 1 ,3 8 9 00

1 0 ,0 6 0 30

1 1 ,3 2 7 22

1 3 ,7 3 9 23

1 7 ,2 2 7 70

1 3 ,7 4 1 24

S p e c ie .................................................................

2 ,8 2 8 ,8 2 7 30

2 ,7 8 0 ,6 2 8 50

2 ,5 6 3 ,5 5 2 00

2 ,8 1 4 ,9 1 8 50

2 ,5 9 6 ,4 2 1 0 0

L e g a l t e n d e r n o t e s .......................................
R e d e m p tio n fu n d w i t h U . S. tre a s u r e r
(5 % of c ir c u la t io n ) .................................
D u e fro m U . S. t r e a s u r e r , o th e r t h a n
5 % r e d e m p tio n f u n d ..............................

1 ,7 2 1 ,6 4 4 00

1 ,9 4 9 ,9 7 0 00

2 ,2 2 1 ,5 6 0 00

2 ,0 4 8 ,5 6 1 00

1 ,9 6 2 ,1 0 8 0 0

1 1 7 ,9 3 0 00

1 0 9 ,0 5 0 00

1 0 5 ,4 5 0 00

8 5 ,6 5 0 00

1 1 7 ,5 5 0 0 0

1 3 3 ,5 0 0 00

1 1 7 ,7 0 0 00

1 7 4 ,5 0 0 00

1 1 5 ,3 0 0 00

1 3 9 ,6 0 0 0 0

T o t a l s ........................................................ 1 5 0 ,3 4 7 ,3 1 7 75

$ 5 2 ,5 2 7 ,3 1 1 64

$ 5 4 ,5 0 6 ,1 9 5 96

$ 5 3 ,0 8 7 ,1 8 9 62

$ 5 3 ,9 6 4 ,9 7 8 06

$ 5 ,1 5 0 ,0 0 0 00
1 ,7 5 0 ,0 0 0 00

$ 5 ,1 5 0 ,0 0 0 00
1 ,7 5 0 ,0 0 0 00

$ 5 ,1 5 0 ,0 0 0 00
1 ,8 5 0 ,0 0 0 00

$ 5 ,1 5 0 ,0 0 0 00
1 ,8 5 0 ,0 0 0 00

$ 5 ,1 5 0 ,0 0 0 0 0
1 , 8 5 0 ,0 0 0 0 0

6 3 7 ,4 3 9
2 , 3 2 0 ,5 8 0
4 ,5 9 5 ,0 4 2
9 ,9 7 3 ,7 4 7
565
2 5 ,2 8 5 ,1 5 4
2 6 3 ,9 9 3
1 6 3 ,5 4 2
2 0 0 ,0 0 0

7 9 4 ,5 1 2
2 , 3 0 8 ,8 0 0
4 ,5 5 9 ,0 6 3
1 0 ,6 8 0 ,2 6 1
118
2 6 ,6 0 6 ,2 9 5
3 0 1 ,4 7 6
1 5 4 ,5 3 0
2 0 0 ,0 0 0

6 3 4 ,8 6 1
2 ,0 4 6 ,5 0 0
4 ,1 8 4 ,6 6 5
1 0 ,5 7 1 ,8 5 1
1 1 1 ,3 0 3
2 9 ,2 7 4 ,7 5 1
2 4 7 ,8 7 1
1 8 2 ,9 4 2
2 0 0 ,0 0 0

7 5 7 ,0 1 6
2 ,3 1 9 ,9 0 0
4 ,3 4 6 ,0 8 6
9 ,0 9 6 ,5 1 2
199
2 8 ,9 1 6 ,0 6 0
2 6 3 ,6 7 1
1 8 3 ,7 4 1
2 0 0 ,0 0 0

8 2 2 ,0 3 8
2 , 4 1 6 ,0 0 0
4 ,0 4 6 ,7 3 4
9 ,7 7 4 ,0 6 1
127
2 8 ,8 1 0 ,6 0 4
3 0 9 ,9 3 2
1 4 8 ,6 5 4
2 0 0 ,0 0 0

L ia b ilitie s .
C a p ita l s to 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 , les s e x p e n s e s a n d
t a x e s p a i d ....................................................
N a tio n a l b a n k s n o te s o u t s t a n d i n g . . . .
D u e to o t h e r n a tio n a l b a n k s ...................
D u e t o s t a t e b a n k s a n d b a n k e r s ............
D iv id e n d s u n p a i d .........................................
In d iv id u a l d e p o s its s u b je c t to c h e c k . .
U n i t e d S t a te s d e p o s it s ...............................
D e p o s its of U . S. d isb u rs in g o f f i c e r s ...
B o n d s b o r r o w e d ............................................
N o te s a n d b ills r e d i s c o u n te d ...................
B ills p a y a b l e ...................................................
R e s e rv e d fo r t a x e s .......................................
L ia b ilitie s o th e r t h a n th o s e a b o v e
s t a t e d .............................................................

05
00
49
72
04
47
29
08
00

64
00
70
44
04
03
91
27
00

03
00
30
35
04
98
47
75
00

75
00
92
59
61
76
45
54
00

28
00
51
58
54
73
80
06
00

7 ,2 5 3 61

2 2 ,2 5 3 61

5 1 ,4 4 9 04

4 ,0 0 0 00

4 2 5 ,0 0 0 00
1 1 i 8 2 4 56

T o t a l s ........................................................ $ 5 0 ,3 4 7 ,3 1 7 75

$ 5 2 ,5 2 7 ,3 1 1 64

$ 5 4 ,5 0 6 ,1 9 5 96

$ 5 3 ,0 8 7 ,1 8 9 62

$ 5 3 ,9 6 4 ,9 7 8 0 6


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

lxxxi

REPORT OF THE COMMISSIONER.
D ET R O IT.
S T A T E A N D N A T IO N A L B A N K S .

1910.
A b s tr a c ts o f the 'published, r e p o r ts o f th e S ta te a n d N a tio n a l b a n k s a n d tr u s t c o m p a n ie s in
th e c ity o f D e tr o it, a s m a d e to th e C o m m is s io n e r o f th e B a n k in g D e p a r tm e n t, J a n u a r y 3 1 ,
M a r c h 2 9 , J u n e 3 0 , S e p te m b e r 1 a n d N o v e m b e r 1 0 , 1 9 1 0 .

R e s o u rc e s .

R e p o r t of
R e p o r t of
R e p o r t of
R e p o r t of
R e p o r t of
S e p t. 1 ,1 1
M a rc h 29, 11
J u n e 3 0 ,1 1
N o v . 10, 11
J a n . 31, 11
s ta te ban k s, 4
s ta te b an k s, 4
s ta te ban k s, 4
s ta te b a n k s, 4
s ta te b a n k s 4
n a tio n a l b a n k s , 3 n a tio n a l b a n k s , 3 n a tio n a l b a n k s , 3 n a tio n a l b a n k s , 3 n a tio n a l b a n k s , 3
t r u s t co m p a n ie s. t r u s t co m p a n ie s. t r u s t co m p a n ie s. t r u s t co m p a n ie s. t r u s t c o m p a n ie s.

L o a n s a n d d is c o u n t s ................................... $ 6 5 ,7 6 0 ,3 1 8 33

$ 6 8 ,3 0 3 ,6 4 3 52

$ 7 0 ,7 2 3 ,0 7 3 4 3

$ 7 3 ,7 2 4 ,4 8 7 36

$ 7 2 ,6 4 1 ,4 0 4 32

5 0 ,9 6 8 ,9 8 3 40

5 1 ,3 2 7 ,2 7 2 00

5 1 ,4 2 8 ,5 8 9 03

5 2 ,7 1 7 ,8 7 5 12

5 3 ,0 6 4 ,1 0 0 76
2 3 ,6 2 2 1 7

S to c k s, b o n d s a n d m o r t g a g e s .................
O v e r d r a f t s .......................................................

1 9 ,8 4 4 9 0

2 3 ,6 6 4 55

3 2 ,1 8 1 39

3 3 ,8 8 3 57

U . S. b o n d s to se c u re c ir c u la t io n ..........

2 ,3 5 9 ,0 0 0 00

2 ,3 5 9 ,0 0 0 00

2 ,1 0 9 ,0 0 0 00

2 ,3 5 9 ,0 0 0 00

2 ,4 4 9 ,0 0 0 00

U . S. b o n d s t o s e c u re U . S. d e p o s it s . .

4 3 1 ,0 0 0 00

4 3 1 ,0 0 0 00

4 3 1 ,0 0 0 00

4 3 1 ,0 0 0 00

4 3 1 ,0 0 0 00

U . S. b o n d s on h a n d ...................................

4 8 9 ,4 2 0 00

4 3 9 ,4 2 0 00

7 8 4 ,4 2 0 00

5 3 4 ,4 2 0 00

4 4 4 ,4 2 0 0 0

P r e m iu m s p a i d ..............................................

9 4 ,3 6 6 32

1 1 2 ,4 1 2 55

8 2 ,7 6 3 68

7 5 ,6 0 3 82

5 7 ,4 7 9 91

B a n k in g h o u se , f u r n i tu r e a n d fix tu re s .

1 ,7 5 3 ,4 6 1 35

1 ,7 5 5 ,2 1 8 78

1 ,8 6 4 ,9 2 6 28

1 ,8 7 6 ,3 3 6 33

1 ,8 8 7 ,8 5 4 74

O th e r r e a l e s t a t e ...........................................

7 6 6 ,6 7 0 05

7 4 9 ,4 0 6 48

9 1 8 ,2 4 8 04

5 6 1 ,5 2 2 78

6 2 9 ,5 4 7 1 6

4 ,9 9 2 ,0 6 4 36

6 ,5 4 2 ,2 8 7 04
1 6 ,2 9 4 ,8 1 9 9 0

O th e r b o n d s t o s e cu re U . S. d e p o s its ..

D u e f ro m o t h e r b a n k s a n d b a n k e r s . . .

4 ,7 3 4 ,4 7 7 18

5 ,5 4 4 ,3 7 9 41

5 ,9 5 8 ,1 3 4 45

D u e fro m b a n k s in re s e r v e c i t i e s ..........

1 4 ,9 4 7 ,4 2 0 60

1 6 ,7 4 1 ,7 7 8 76

1 7 ,4 4 3 ,8 6 2 45

1 5 ,0 3 1 ,2 4 7 63

C h eck s a n d o th e r c a sh i t e m s ...................

2 0 7 ,4 7 9 97

1 0 3 ,9 6 6 65

4 2 8 ,0 7 3 00

2 2 3 ,9 9 9 09

1 2 3 ,8 1 2 80

E x c h a n g e s fo r c le a rin g h o u s e .................

1 ,8 3 4 ,9 7 5 35

1 ,3 3 6 ,4 7 5 55

2 ,3 9 6 ,6 7 8 51

1 ,6 0 0 ,7 2 5 83

1 ,6 8 8 ,1 4 5 8 3

N ic k e ls a n d c e n t s .........................................

2 7 ,1 9 2 81

2 5 ,7 9 6 76

3 1 ,8 4 9 9 9

4 2 ,5 7 7 02

3 7 ,7 3 2 97

S p e c ie .................................................................

5 ,0 7 8 ,6 9 5 32

4 ,8 0 5 ,3 2 3 86

4 ,8 0 1 ,5 8 2 06

5 ,4 8 3 ,1 9 3 93

4 ,6 4 3 ,4 4 2 65

U . S. a n d n a tio n a l b a n k s n o t e s .............
R e d e m p tio n fu n d w ith U . S. tre a s u r e r
(5 % of c ir c u la t io n ) ..................................
D ue fro m U . S. tre a s u re r , o th e r t h a n
5 % r e d e m p tio n f u n d ..............................

4 ,8 6 5 ,1 4 7 00

5 ,1 4 1 ,3 8 8 00

6 ,1 4 3 ,2 1 6 00

5 ,1 3 3 ,4 1 5 00

5 ,4 0 2 ,4 0 6 00

1 1 7 ,9 3 0 00

1 0 9 ,0 5 0 00

1 0 5 ,4 5 0 00

8 5 ,6 5 0 00

1 1 7 ,5 5 0 00

1 3 3 ,5 0 0 00

1 1 7 ,7 0 0 .0 0

1 7 4 ,5 0 0 00

1 1 5 ,3 0 0 00

1 3 9 ,6 0 0 00

T o t a l s ....................................................... $ 1 54,589,882 58

$159,4 2 6 ,8 9 6 87

$ 165,857,548 31

$165,022,301 84

$ 1 6 6 ,6 1 8 ,2 2 6 25

$ 1 1 ,8 2 0 ,0 0 0 00
7 ,0 9 0 ,0 0 0 00

$ 1 1 ,8 2 0 ,0 0 0 00
7 ,2 6 0 ,0 0 0 00

$ 1 1 ,8 2 0 ,0 0 0 00
7 ,2 6 0 ,0 0 0 00

$ 1 1 ,8 2 0 ,0 0 0 00
7 ,3 1 0 ,0 0 0 00

L ia b ilitie s .
C a p ita l s to c k p a id i n .................................. $ 1 1 ,2 2 0 ,0 0 0 00
S u rp lu s f u n d ...................................................
7 ,0 9 0 ,0 0 0 00
U n d iv id e d p ro fits, le s s e x p e n s e s a n d
t a x e s p a i d ....................................................
2 ,7 7 6 ,4 4 6 95
N a tio n a l b a n k n o te s o u t s t a n d in g .........
2 ,3 2 0 ,5 8 0 00
D u e to b a n k s a n d b a n k e r s ....................... 2 0 ,4 0 8 ,2 6 8 68
D iv id e n d s u n p a i d .........................................
1 ,2 2 9 04
C o m m e rc ia l d e p o s its ................................... 5 2 ,3 2 1 ,6 9 8 96
S a v in g s d e p o s it s ........................................... 5 7 ,4 8 7 ,5 7 9 52
S t a te m o n e y s o n d e p o s i t ..........................
2 1 4 ,7 5 9 80
U n ite d S ta te s d e p o s it s ...............................
4 2 7 ,5 3 5 37
B o n d s b o r r o w e d ............................................
2 0 0 ,0 0 0 00
R e s e rv e d fo r t a x e s .......................................
1 2 1 ,7 8 4 26
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 ...........................................
L ia b ilitie s o t h e r t h a n th o s e a b o v e

2 ,8 3 2 ,6 9 7
2 ,3 0 8 ,8 0 0
2 1 ,7 0 3 ,9 4 1
3 1 ,6 1 5
5 3 ,7 2 5 ,1 6 7
5 8 ,9 5 0 ,3 4 8
1 0 3 ,4 3 5
4 5 6 ,0 0 7
2 0 0 ,0 0 0
2 0 4 ,8 8 3

57
00
70
04
12
92
55
18
00
79

2 ,6 6 1 ,2 6 7
2 ,0 4 6 ,5 0 0
2 0 ,2 9 7 ,2 0 5
2 0 4 ,2 3 5
5 9 ,2 3 1 ,9 5 3
6 1 ,1 4 2 ,5 8 2
3 1 3 ,6 6 0
4 3 0 ,8 1 4
2 0 0 ,0 0 0
2 4 9 ,3 2 8

58
00
39
04
64
95
69
22
00
80

2 ,9 4 6 ,5 1 3
2 ,3 1 9 ,9 0 0
1 9 ,1 7 2 ,4 4 6
4 ,4 1 5
5 8 ,4 1 5 ,8 3 0
6 1 ,9 8 6 ,8 7 4
1 5 7 ,0 1 6
4 4 7 ,4 1 2
2 0 0 ,0 0 0
9 1 ,8 9 2

97
00
17
11
04
36
76
99
00
44

3 ,1 6 2 ,9 8 1
2 ,4 1 6 ,0 0 0
1 9 ,7 1 2 ,2 2 9
4 ,4 2 8
5 8 ,0 3 4 ,7 0 0
6 2 ,7 4 7 ,0 4 9
2 1 8 ,6 6 7
4 5 8 ,5 8 6
2 0 0 ,0 0 0
1 0 8 ,5 8 3

21
00
17
04
71
51
58
86
00
17

4 2 5 ,0 0 0 00
2 0 0 ,0 0 0 00

T o t a l s ....................................................... $ 1 54,589,882 58

H


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

$ 1 59,426,896 87

$165,857,548 31

$165,022,301 84

$ 1 6 6 ,6 1 8 ,2 2 6 25

STATE BANKING DEPARTMENT.

lxxxii

GRAND RAPIDS.
ST A T E A N D N A T IO N A L B A N K S .

A b s tr a c ts o f the p u b lis h e d r e p o r ts o f th e five S ta te a n d fo u r N a tio n a l b a n k s a n d o n e tr u s t
c o m p a n y i n th e c ity o f G r a n d R a p id s , a s m a d e to the C o m m is s io n e r of the B a n k in g D e ­
p a r tm e n t, N o v e m b e r 1 0 , 1 9 1 0 .
R e p o r t of
5 s ta te
b anks, 1 tru s t
com pany.

R e s o u rc e s .

R e p o r t of
4 n a tio n a l
banks.

T o t a l.

L o a n s a n d d is c o u n t s .......................................................................................................

$ 6 ,2 7 9 ,6 0 3 86

$ 1 3 ,5 1 5 ,3 0 4 88

$ 1 9 ,7 9 4 ,9 0 8 74

S to c k s , b o n d s a n d m o rtg a g e s .............. > . . ......................i ............... . ....................

7 ,0 5 9 ,4 1 1 28

1 ,1 0 3 ,0 3 6 86

8 ,1 6 2 ,4 4 8 14

O v e r d r a f ts ............................................................................................................................

1 3 ,7 1 7 93

7 ,1 4 0 64

2 0 ,8 5 8 57

1 ,9 9 9 ,0 0 0 00

1 ,9 9 9 ,0 0 0 00

1 5 2 ,0 0 0 00

1 5 2 ,0 0 0 00

U S

f,n peenre eiren ]n ,tio n ..............................................................................

7 ,5 0 0 00

7 ,5 0 0 00

P r e m iu m s p a i d ..................................................................................................................

4 ,2 5 0 00

2 9 ,0 0 0 00

3 3 ,2 5 0 00

B a n k in g h o u s e , f u r n i tu r e a n d f i x t u r e s ...................................................................

1 9 6 ,7 0 1 00

4 4 2 ,6 0 4 74

6 3 9 ,3 0 5 74

O th e r r e a l e s t a t e ...............................................................................................................

2 0 ,4 1 2 05

3 ,8 2 8 50

2 4 ,2 4 0 55

D u e fro m o t h e r b a n k s a n d b a n k e r s .........................................................................

5 0 0 ,7 8 1 64

1 ,0 0 8 ,6 0 3 76

1 ,5 0 9 ,3 8 5 40
3 ,7 9 5 ,8 0 9 67

D u e fro m b a n k s in r e s e r v e c itie s ...............................................................................

2 ,0 9 7 ,1 8 3 23

1 ,6 9 8 ,6 2 6 44

C h e c k s a n d o th e r c a sh i t e m s ......................................................................................

7 6 ,3 2 1 78

2 3 ,1 5 8 91

9 9 ,4 8 0 69

E x c h a n g e s fo r c le a rin g h o u s e .....................................................................................

1 0 6 ,3 4 8 53

1 2 5 ,2 5 0 69

2 3 1 ,5 9 9 22

N ic k e ls a n d c e n ts .............................................................................................................

5 ,0 2 6 29

6 ,1 7 1 26

1 1 ,1 9 7 55

S p e c ie ........................ .............................................................................................................

2 8 7 ,2 7 6 70

7 1 0 ,0 4 8 97

9 9 7 ,3 2 5 67

U . S. a n d N a tio n a l b a n k n o t e s .................................................................................

5 2 5 ,4 4 1 00

4 7 3 ,2 0 6 00

9 9 8 ,6 4 7 00

9 9 ,9 5 0 00

9 9 ,9 5 0 00

3 ,5 0 0 00

3 ,5 0 0 00

$ 7 ,1 7 2 ,4 7 5 29

$ 2 1 ,4 0 7 ,9 3 1 65

$ 3 8 ,5 8 0 ,4 0 6 9 4

C a p ita l s to c k p a id i n ......................................................................................................

$ 1 ,2 5 0 ,0 0 0 00

$ 2 ,1 0 0 ,0 0 0 00

$ 3 ,3 5 0 ,0 0 0 00

S u rp lu s f u n d ......................................................... .....................................' ......................

7 1 0 ,0 0 0 00

9 2 0 ,0 0 0 00

1 ,6 3 0 ,0 0 0 00

U n d iv id e d p ro fits . less e x p e n se s a n d t a x e s p a i d .............................................

3 0 4 ,0 2 3 26

4 5 2 ,7 4 8 66

7 5 6 ,7 7 1 9 2

1 ,9 9 9 ,0 0 0 00

1 ,9 9 9 ,0 0 0 00
3 ,3 5 8 ,0 9 5 9 9

D u e fro m I P S. tre a s u re r , o th e r t h a n 5 % r e d e m p tio n f u n d ........................
T o t a l s ............................................................................................................................
L ia b ilitie s .

Uilt-ionnl hnnk nnt,fi,s mit,standing

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

D u e to b a n k s a n d b a n k e r s ...........................................................................................

4 0 7 ,2 7 5 79

2 ,9 5 0 ,8 2 0 20

D iv id e n d s u n p a id ..............................................................................................................

428 01

5 ,2 8 9 01

5 ,7 1 7 02

C o m m e rc ia l d e p o s it s ......................................................................................................

4 ,1 6 1 ,0 5 1 54

1 2 ,7 7 9 ,1 2 4 22

1 6 ,9 4 0 ,1 7 5 76

fin yin gs deposits

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

1 0 ,2 9 6 ,2 2 0 54

1 0 ,2 9 6 ,2 2 0 54

1 5 2 ,0 0 0 00

United States d e p o sits..........................................................................................

1 0 ,000 00

10,000 00
...............................

3 3 ,4 7 6 15

T o t a l s ............................................................................................................................

$ 1 7 ,1 7 2 ,4 7 5 29

L ia b ilitie s other thnn those nbove stated


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

1 5 2 ,0 0 0 00

4 8 ,9 4 9 56

4 8 ,9 4 9 56

1 2 1 ,4 0 7 ,9 3 1 65

$ 3 8 ,5 8 0 ,4 0 6 94

3 3 ,4 7 6 15

1

R E PO R T

OF T H E

lxxxiii

COM MISSIONER.

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

A b s tr a c ts o f th e p u b lis h e d r e p o r ts o f th e th ree S ta te a n d tw o N a tio n a l b a n k s i n th e c ity of
S a g in a w , a s m a d e to th e C o m m is s io n e r o f th e B a n k in g D e p a r tm e n t, N o v e m b e r 1 0 , 1 9 1 0 .

R e s o u rc e s .

R e p o r t of
3 s ta te
banks.

R e p o r t of
2 n a tio n a l
banks.

L o a n s a n d d i s c o u n t s .......................................................................................................

$ 4 ,9 4 3 ,3 8 2 28

$ 4 ,2 9 2 ,5 2 8 83

$ 9 ,2 3 5 ,9 1 1 11

S to c k s, b o n d s a n d m o rtg a g e s ......................................................................................

3 ,5 9 6 ,3 3 1 99

5 2 4 ,9 7 1 79

4 ,1 2 1 ,3 0 3 78

O v e r d r a f t s ............................................................................................................................

8 ,6 3 1 00

2 ,2 7 7 49

1 0 ,9 0 8 49

U . S. b o n d s to s e c u re c ir c u la tio n ..............................................................................

6 0 0 ,0 0 0 00

6 0 0 ,0 0 0 00

tJ . S. b o n d s t o s e c u re U . S. d e p o s its .......................................................................

7 6 ,0 0 0 00

7 6 ,0 0 0 00

5 .5 0 0 00

5 ,5 0 0 00

T o ta l.

O th e r b o n d s to s e c u re U . S. d e p o s it s .....................................................................
U . S . b o n d s o n h a n d .......................................................................................................
P r e m iu m s p a i d ...................................................................................................................

3 ,0 0 6 14

1 .5 0 0 00

4 ,5 0 6 14

B a n k in g h o u s e , f u r n i tu r e a n d f i x t u r e s ...................................................................

1 6 8 ,0 9 6 22

8 3 ,3 9 1 48

2 5 1 ,4 8 7 70

O th e r r e a l e s t a t e ...............................................................................................................

6 ,0 9 0 47

D u e fro m o t h e r b a n k s a n d b a n k e r s .........................................................................

1 6 0 ,6 1 4 62

1 0 1 ,9 9 7 37

2 6 2 ,6 1 1 99
1 ,4 5 9 ,0 1 5 48

6 ,0 9 0 47

D u e fro m b a n k s in re s e r v e c itie s ...............................................................................

9 1 3 ,6 6 0 95

5 4 5 ,3 5 4 53

C h e c k s a n d o t h e r c a sh i t e m s ......................................................................................

6 ,6 5 1 61

1 ,1 9 7 78

7 ,8 4 9 39

E x c h a n g e s f o r c le a rin g h o u s e .....................................................................................

2 2 ,0 4 5 99

1 6 ,2 4 2 53

3 8 ,2 8 8 52

N ic k e ls a n d c e n ts .............................................................................................................

1 ,1 0 8 86

671 18

1 ,7 8 0 04

S p e c ie .....................................................................................................................................

1 9 5 ,8 6 8 20

2 5 7 ,1 7 3 60

4 5 3 ,0 4 1 80

U . S. a n d N a tio n a l b a n k n o t e s .................................................................................

3 3 4 ,0 1 9 00

1 2 4 ,1 4 3 00

4 5 8 ,1 6 2 00

3 0 ,0 0 0 00

3 0 ,0 0 0 00

$ 1 0 ,3 5 9 ,5 0 7 33

$ 6 ,6 6 2 ,9 4 9 58

$ 1 7 ,0 2 2 ,4 5 6 91

R e d e m p tio n fu n d w ith TJ. S. t r e a s u r e r (5 % of c i r c u l a t i o n ) ........................
D u e fro m U . S. tre a s u re r , o th e r t h a n 5 % r e d e m p tio n f u n d ........................
T o t a l s ............................................................................................................................
L ia b ilitie s .
$ 5 0 0 ,0 0 0 00

$ 6 0 0 ,0 0 0 00

$ 1 ,1 0 0 ,0 0 0 00

S u rp lu s f u n d ...................................... '...................................................................... ..

5 8 5 ,0 0 0 00

4 0 0 ,0 0 0 00

9 8 5 ,0 0 0 00

U n d iv id e d p ro fits , less e x p e n se s a n d t a x e s p a i d .............................................

1 8 5 ,2 5 2 28

1 1 8 ,7 7 1 59

3 0 4 ,0 2 3 87

5 9 9 ,3 0 0 00

5 9 9 ,3 0 0 00
1 ,1 1 9 ,1 7 1 66

C a p ita l s to c k p a id i n ......................................................................................................

N a tio n a l b a n k n o te s o u t s t a n d i n g .............................................................................
D u e to b a n k s a n d b a n k e r s ...........................................................................................

4 3 0 ,5 2 5 12

6 8 8 ,6 4 6 54

D iv id e n d s u n p a id ................... ..........................................................................................

670 00

9 0 00

760 00

C o m m e rc ia l d e p o s it s .......................................................................................................

2 ,6 7 3 ,1 0 9 9 3

4 ,1 6 5 ,1 4 1 45

6,838,25*1 38

S a v in g s d e p o s its ................................................................................................................

5 ,9 2 7 ,9 6 7 83

5 ,9 2 7 ,9 6 7 83

S t a te m o n e y s o n d e p o s it...............................................................................................
U n ite d S t a te s d e p o s its ...................................................................................................

7 6 ,0 0 0 00

7 6 ,0 0 0 00

1 5 ,0 0 0 00

5 9 ,4 0 0 00

$ 6 ,6 6 2 ,9 4 9 58

$ 1 7 ,0 2 2 ,4 5 6 91

B o n d s b o r ro w e d ................................................................................................................
R e s e rv e d fo r t a x e s i n te r e s t , e t c ...............................................................................
N o te s a n d b ills r e d i s c o u n te d ......................................................................................
B ills p a y a b le .......................................................................................................................
L ia b ilitie s o t h e r t h a n th o s e a b o v e s t a t e d ............................................................

4 4 ,4 0 0 00

T o t a ls ............................................................................................................................

$ 1 0 ,3 5 9 ,5 0 7 33


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

1 2 ,5 8 2 17

1 2 ,5 8 2 17

STATE BANKING DEPARTMENT.

lxxxiv

BATTLE C R E E K .
S T A T E A N D N A T IO N A L B A N K S .

A b s tr a c ts of th e p u b lish ed , r e p o r ts o f the tw o S ta te a n d N a tio n a l b a n k s i n the c ity of B a ttle
C reek , a s m a d e to th e C o m m is s io n e r o f th e B a n k in g D e p a r tm e n t, N o v e m b e r 1 0 , 1 9 1 0 .
R e p o r t of
2 s ta te
b anks.

R e s o u rc e s .

R e p o r t of
2 n a tio n a l
banks.

T o ta l.

L o a n s a n d d i s c o u n t .........................................................................................................

$ 1 ,1 2 8 ,2 0 1 40

$ 4 ,1 8 3 ,9 6 1 07

$ 5 ,3 1 2 ,1 6 2 47

S to c k s b o n d s a n d m o rtg a g e s ......................................................................................

1 ,3 6 1 ,8 0 3 63

1 ,0 9 8 ,4 6 9 31

2 ,4 6 0 ,2 7 2 9 4

O v e r d r a f ts ............................................................................................................................

1 ,5 4 1 66

7 ,1 2 0 75

8 ,6 6 2 41

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

3 5 0 ,0 0 0 00

3 5 0 ,0 0 0 00

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

2 ,0 0 0 00

2 ,0 0 0 00

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

3 0 ,0 0 0 00

3 0 ,0 0 0 00

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

4 ,2 0 0 00

4 ,2 0 0 00

2 4 ,6 9 5 75

6 7 ,0 2 0 75
6 1 .0 4 5 8 4

TT, S, b o n d s t o s e c u re c irc u la tio n
TT S br>nds f,D se c u re TTt S. d e p o s its

O th e r b ^ n d s f.n s e c u re TT. S. d e p o s its
TT

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

b o n d s nn b a n d

P r e m iu m s p a id

R a n k in g b o u s e f u r n i tu r e a n d f i x t u r e s ...................................................................

4 2 ,3 2 5 00

O th e r re a l e s t a t e ...............................................................................................................

5 5 ,1 8 2 15

5 ,8 6 3 69

D u e fro m o th e r b a n k s a n d b a n k e r s .........................................................................

274 94

6 0 ,3 4 5 47

6 0 ,6 2 0 41

D u e fro m b a n k s in re s e r v e c it i e s ..............................................................................

2 2 7 ,4 3 6 56

5 6 8 ,0 4 8 65

7 9 5 ,4 8 5 21

5 00

1 0 ,0 4 1 9 3

1 0 .0 4 6 9 3

C hecks a n d o th e r cash i t e m s ......................................................................................

7 ,6 6 0 97

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

7 ,6 6 0 97

N ic k e ls a n d c e n ts ..............................................................................................................

1 ,0 6 4 83

1 ,5 1 8 05

2 ,5 8 2 88

S p e c ie .....................................................................................................................................

8 1 ,3 1 0 80

3 3 6 ,9 2 0 75

4 1 8 ,2 3 1 55

U . S. a n d N a tio n a l b a n k n o t e s ..................................................................................

9 5 ,3 0 9 00

5 9 ,0 0 0 00

1 5 4 ,3 0 9 00

R e d e m p tio n fu n d w ith TT. S. tre a s u r e r (f>% of c ir c u la t io n ) ........................

1 7 ,5 0 0 00

1 7 ,5 0 0 00

D u e from TT. S. tre a s u r e r o t h e r t h a n ,5% r e d e m p tio n f u n d ........................

4 ,0 0 0 00

4 ,0 0 0 00

$ 3 ,0 0 2 ,1 1 5 94

$ 6 ,7 6 3 ,6 8 5 42

$ 9 ,7 6 5 ,8 0 1 36

E x c h a n g e s fo r c le a rin g h o u s e

T o t a l s ...........................................................................................................................
L ia b ilitie s .

$ 1 5 0 ,0 0 0 00

$ 3 5 0 ,0 0 0 00

$ 5 0 0 ,0 0 0 00

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

5 5 ,0 0 0 00

1 1 5 .0 0 0 00

1 7 0 .0 0 0 00

U n d iv id e d p ro fits les s e x p e n se s a n d t a x e s p a i d .............................................

2 3 ,2 6 8 95

3 9 ,2 6 0 68

6 2 ,5 2 9 63

3 4 5 .0 0 0 00

3 4 5 .0 0 0 00

8 ,7 4 8 40

4 7 ,8 1 6 38

5 6 ,5 6 4 78

4 7 6 ,1 0 6 28

5 ,8 6 4 ,6 0 8 36

C a p ita l s to c k p a id i n .......................................................................................................
S u rp lu s f u n d .

N a tio n a l b a n k n o te s o u t s t a n d i n g .............................................................................
D u e t o b a n k s a n d b a n k e r s ...........................................................................................
D iv id e n d s u n p a id , .........................................................................................................
C o m m e rc ia l d e p o s it s .......................................................................................................
S a v in g s d e p o s its .

..

S t a te m o n e y s on d e p o s it

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

U n ite d S t a te s d e p o s its ....................................................................................................
B o n d s b o rro w e d

6 ,3 4 0 ,7 1 4 64
2 ,2 8 8 ,9 9 2 31

2 ,2 8 8 ,9 9 2 31

2 ,0 0 0 00

2 ,0 0 0 00

$ 6 ,7 6 3 ,6 8 5 42

$ 9 ,7 6 5 ,8 0 1 36

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

R e s e rv e d fo r ta x e s
N o te s a n d b ills r e d is c o u n te d

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

B ills p a y a b le .......................................................................................................................
L ia b ilitie s o t h e r th a n th o s e a b o v e s t a t e d .............................................................
T o t a ls ............................................................................................................................


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

$ 3 ,0 0 2 ,1 1 5 94

Ixxxv

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

,

A b s tr a c ts o f th e 'published, r e p o r ts o f the tw o S ta te a n d th ree N a tio n a l b a n k s i n th e c ity of
K a la m a z o o , a s m a d e to th e C o m m is s io n e r o f th e B a n k in g D e p a r tm e n t, N o v e m b e r 1 0 , 1 9 1 0 .

R e s o u rc e s .

R ep o rt of
2 s ta te
banks.

R ep o rt of
3 n a tio n a l
b anks.

T o ta l.

$ 2 ,8 3 5 ,3 3 1 75

8 3 ,2 1 7 ,2 2 7 62

$ 6 ,0 5 2 ,5 5 9 37

S to c k s, b o n d s a n d m o rtg a g e s ...........................................................

6 7 6 ,5 8 3 76

2 6 2 ,2 9 / 81

9 3 8 ,8 8 1 57

O v e r d r a f t s .................................................................................................

3 1 ,3 5 7 50

1 9 ,9 0 2 70

5 1 ,2 6 0 2 0

2 4 5 ,0 0 0 00

2 4 5 ,0 0 0 00

2 6 ,0 0 0 00

2 6 ,0 0 0 00

L o a n s a n d d i s c o u n t s ..............................................................................

U.. S. b o n d s to s e c u re c ir c u la t io n ...................... ..............................
U . S. b o n d s t o s e c u re U . S. d e p o s it s ............................................
O th e r b o n d s t o se c u re U . S. d e p o s it s .............................................
U . S. b o n d s on h a n d ..............................................................................

2 ,7 0 0 00

2 ,7 0 0

00

P r e m iu m s p a i d ................................................................................

5 ,9 0 5 00

5 ,9 0 5

00

1 4 6 ,4 7 9 59

2 1 1 ,9 0 0 00

D u e f ro m o th e r b a n k s a n d b a n k e r s ................................................

4 ,9 6 7 59

1 6 9 ,8 8 3 78

1 7 4 ,8 5 1 37

D u e fro m b a n k s in re s e r v e c i t i e s ......................................................

2 5 5 ,2 2 9 84

4 2 5 ,6 6 4 39

6 8 0 ,8 9 4 23

B a n k in g h o u se , f u r n itu r e a n d f ix t u r e s ...........................................

3 5 ,3 1 5 00

O th e r r e a l e s t a t e ............... ..................................... . ..............................

C h eck s a n d o th e r c a sh i t e m s ..............................................................
E x c h a n g e s f o r c le a rin g h o u s e .............................................................

5 8 ,5 1 1 88

3 5 8 ,3 7 9 59
3 5 ,3 1 5

00

1 4 ,5 5 1 90

1 4 ,5 5 1 9 0

4 8 ,1 6 1 49

1 0 6 ,6 7 3 37

N ic k e ls a n d c e n t s .....................................................................................

1 ,0 6 8 33

826 16

1 ,8 9 4 49

S p e c ie ............................................................................................................

6 6 ,5 7 9 35

1 1 1 ,5 6 2 15

1 7 8 ,1 4 1 5 0

U . S. a n d n a tio n a l b a n k n o t e s ...........................................................

1 0 0 ,5 3 7 00

1 7 2 ,1 9 4 00

2 7 2 ,7 3 1

00

1 2 ,2 5 0 00

1 2 ,2 5 0

00

R e d e m p tio n f u n d w ith U . S. t r e a s u r e r (5 % o f c ir c u la t io n ) .
D u e f ro m U . S. t r e a s u re r , o t h e r t h a n 5 % re d e m p tio n fu n d ,
$ 4 ,1 7 6 ,6 4 6 59

$ 4 ,9 8 1 ,3 4 2 00

$ 9 ,1 5 7 ,9 8 8 59

C a p ita l s to c k p a id i n ..............................................................................

$ 3 0 0 ,0 0 0 00

$ 4 0 0 ,0 0 0 00

$ 7 0 0 ,0 0 0 00

S u rp lu s f u n d ...............................................................................................

1 9 5 ,0 0 0 00

2 7 5 .0 0 0 00

4 7 0 .0 0 0 00

U n d iv id e d p ro fits , les s e x p e n se s a n d t a x e s p a i d ......................

5 7 ,5 6 6 79

1 0 0 ,3 4 8 14

1 5 7 ,9 1 4 93

2 4 5 .0 0 0 00

2 4 5 .0 0 0 CO
4 7 8 ,1 6 9 30

T o t a l s ...................................................................................................
L ia b ilitie s .

N a tio n a l b a n k n o t e s o u t s t a n d i n g .....................................................
D u e t o b a n k s a n d b a n k e r s ................................................................ ..

3 9 6 ,9 9 7 25

8 1 ,1 7 2 05

D iv id e n d s u n p a i d .......................................... ! ........................................

100 00

8 0 00

180 0 0

C o m m e rc ia l d e p o s it s ...............................................................................

1 ,8 1 2 ,7 5 7 89

3 ,8 1 4 ,2 4 1 81

5 ,6 2 6 ,9 9 9 70

S a v in g s d e p o s its .......................................................................................

1 ,2 6 5 ,4 2 4 28

S t a t e m o n e y s o n d e p o s i t . . ..................................................................

10,000 00

U n ite d S t a te s d e p o s it s ..........................................................................

1 ,2 6 5 ,4 2 4 28

10,000 00
2 6 ,0 0 0 00

2 6 ,0 0 0 00

3 9 ,5 0 0 00

1 2 8 ,3 0 0 38

B o n d s b o r ro w e d ........................................................................................
R e s e rv e d fo r t a x e s ........................................ ..........................................
N o te s a n d b ills r e d i s c o u n te d ..............................................................

8 8 ,8 0 0 38

B ills p a y a b l e ...............................................................................................

5 0 ,0 0 0 00

5 0 ,0 0 0 00

L ia b ilitie s o t h e r t h a n th o s e a b o v e s t a t e d ....................................
T o t a l s ..................................................... . ..........................................


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

$ 4 ,1 7 6 ,6 4 6 59

$ 4 ,9 8 1 ,3 4 2 0 0

$ 9 ,1 5 7 ,9 8 8 59

lxxxvi

STATE BANKING DEPARTMENT.

BAY CITY.
ST A T E A N D N A T IO N A L B A N K S .

A b s tr a c ts o f th e 'p u b lish ed r e p o r ts o f th e five S ta te a n d tw o N a tio n a l b a n k s i n B a y C ity , a s
m a d e to th e C o m m is s io n e r o f th e B a n k in g D e p a r tm e n t, N o v e m b e r 1 0 , 1 9 1 0 .

R e s o u rc e s .

R ep o rt of
5 s ta te
banks.

R e p o rt of
2 n a tio n a l
banks.

T o ta l.

L o a n s a n d d i s c o u n t s .......................................................................................................

$ 2 ,9 1 8 ,6 9 6 45

$ 1 ,3 0 6 ,4 1 8 58

$ 4 ,2 2 5 ,1 1 5 0 3

S to c k s, b o n d s a n d m o r tg a g e s .....................................................................................

2 ,1 7 8 ,4 9 1 54

4 4 0 ,4 5 0 00

2 ,6 1 8 ,9 4 1 54

O v e r d r a f t s ...........................................................................................................................

5 ,9 3 2 99

694 97

6 ,6 2 7 9 6

1 5 0 ,0 0 0 00

1 5 0 ,0 0 0 0 0

5 0 ,0 0 0 00

5 0 ,0 0 0 00

U . S. b o n d s t o s e c u re c ir c u la t io n .............................................................................
U . S. b o n d s t o s e c u re U . S. d e p o s it s .......................................................................
O th e r b o n d s t o s e c u re U . S. d e p o s it s .....................................................................
U . S. b o n d s o n h a n d ................................. •...................................................................
P r e m iu m s p a i d ..................................................................................................................

1 8 ,5 4 7 84

B a n k in g h o u s e , f u r n i tu r e a n d f i x t u r e s ...................................................................

4 6 ,3 0 0 94

O th e r re a l e s t a t e ..............................................................................................................

2 3 ,7 2 5 76

1 8 ,5 4 7 84
2 0 ,0 0 0 00

6 6 ,3 0 0 94
2 3 ,7 2 5 76

D u e f ro m o th e r b a n k s a n d b a n k e r s ........................................................................

1 4 ,4 3 9 38

6 9 ,0 2 2 28

8 3 ,4 6 1 66

D u e f ro m b a n k s in r e s e rv e c it i e s ..............................................................................

8 9 3 ,7 5 8 17

1 9 7 ,7 2 7 55

1 ,0 9 1 ,4 8 5 72

C h eck s a n d o t h e r c a sh i t e m s ......................................................................................

673 69

372 02

1 ,0 4 5 71

E x c h a n g e s f o r c le a rin g h o u s e .....................................................................................

2 1 ,0 9 9 87

7 ,5 5 8 21

2 8 ,6 5 8 08

N ic k e ls a n d c e n t s ...................................................... ......................................................

2 ,6 5 4 84

5 0 3 99

3 ,1 5 8 83

S p e c ie ....................................................................................................................................

1 1 6 ,6 2 7 30

6 7 ,8 7 8 25

1 8 4 ,5 0 5 55

U . S. a n d n a tio n a l b a n k n o t e s ...................................................................................

3 1 1 ,9 4 3 00

1 0 4 ,6 7 3 00

4 1 6 ,6 1 6 0 0

R e d e m p tio n f u n d w ith U . S. tre a s u r e r (5 % o f c ir c u la t io n ) ........................

7 ,5 0 0 00

7 ,5 0 0 0 0

D u e f ro m U . S. tre a s u re r , o t h e r t h a n 5 % r e d e m p tio n f u n d ........................

9 0 0 00

9 0 0 00

T o t a l s ...........................................................................................................................

$ 6 ,5 5 2 ,8 9 1 77

$ 2 ,4 2 3 ,6 9 8 85

$ 8 ,9 7 6 ,5 9 0 62

L ia b ilitie s .
C a p ita l s to c k p a id i n .............................................................................. : .....................

$ 4 0 0 ,0 0 0 00

$ 2 0 0 ,0 0 0 00

$ 6 0 0 ,0 0 0 00

S u rp lu s f u n d .......................................................................................................................

2 9 0 ,0 0 0 00

1 6 5 ,0 0 0 00

4 5 5 ,0 0 0 00

U n d iv id e d p ro fits , le s s e x p e n se s a n d t a x e s p a i d .............................................

8 8 ,3 1 7 81

4 7 ,4 5 8 49

1 3 5 ,7 7 6 30

1 4 7 ,6 0 0 00

1 4 7 ,6 0 0 00
1 9 0 ,1 4 3 76

N a tio n a l b a n k n o te s o u t s t a n d i n g .............................................................................
D u e t o b a n k s a n d b a n k e r s ...........................................................................................

1 3 1 ,4 5 6 28

5 8 ,6 8 7 48

D iv id e n d s u n p a i d .............................................................................................................

12 00

7 50

19 50

C o m m e rc ia l d e p o s it s .......................................................................................................

2 ,0 0 4 ,5 8 9 12

1 ,7 3 8 ,7 4 3 98

3 ,7 4 3 ,3 3 3 10

S a v in g s d e p o s it s ................................................................................................................

3 ,6 3 8 ,5 1 6 56

3 ,6 3 8 ,5 1 6 56

S t a te m o n e y s o n d e p o s it .............................. ...............................................................
U n ite d S t a te s d e p o s it s ..................................................................................................

6 5 ,7 5 7 09

6 5 ,7 5 7 09

444 31

444 31

$ 2 ,4 2 3 ,6 9 8 85

$ 8 ,9 7 6 ,5 9 0 62

B o n d s b o r ro w e d ................................................................................................................
R e s e rv e d fo r ta x e s , i n te r e s t, e t c ...............................................................................
N o te s a n d b ills r e d i s c o u n te d ......................................................................................
B ills p a y a b l e .......................................................................................................................
L ia b ilitie s o t h e r t h a n th o s e a b o v e s t a t e d ............................................................
T o t a l s ...........................................................................................................................


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

$ 6 ,5 5 2 ,8 9 1 77

lxxxvii

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

A b s tr a c ts o f th e p u b lis h e d r e p o r ts of- the fo u r S ta te a n d on e N a tio n a l b a n k s i n the c ity of
J a c k s o n , as m a d e to th e C o m m is s io n e r of th e B a n k in g D e p a r tm e n t, N o v e m b e r 1 0 , 1 9 1 0 .
R ep o rt of
4 s ta t e
banks.

R e s o u rc e s .

T o ta l.

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

$ 3 ,3 9 9 ,2 9 1 61

$ 1 ,1 3 0 ,0 4 0 81

$ 4 ,5 2 9 ,2 3 2 42

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

1 ,8 1 9 ,6 1 4 52

1 4 8 ,0 1 9 83

1 ,9 6 7 ,6 3 4 35

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

6 ,9 2 8 54

1 2 ,2 3 6 77

1 9 ,1 6 5 31

5 0 ,0 0 0 00

5 0 ,0 0 0 00

IiOflPS a n d d is c o u n ts
S to c k s b e n d s a n d m n rtg n g e s
O v e r d r a f ts

R ep o rt of
1 n a tio n a l
bank.

XJ S. b o n d s to se c u re c ir c u la t io n .............................................................................

P a n k in g h o u s e f u r n i tu r e n n d f i x t u r e s ..................................................................

375 00

375 0 0

1 9 6 ,5 0 0 00

8 ,1 3 1 58

2 0 4 ,6 3 1 58

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

• 4 7 ,2 5 1 35

1 3 ,3 4 7 28

6 0 ,5 9 8 63

D u e fro m o th e r b a n k s n n d b a n k e r s ........................................................................

1 7 1 ,6 4 3 61

189 34

1 7 1 ,8 3 2 95,
4 3 5 ,6 3 9 88:

O th e r ren i e s ta t e

D u e fro m b.nnks in r e s e rv e c i t i e s , ............................................................................

3 7 8 ,5 1 8 08

5 7 ,1 2 1 80

O hecks a n d o t h e r cash i t e m s ......................................................................................

3 ,9 2 8 83

717 50

4 ,6 4 6 33!

U x elin n g cs f n r c le a rin g h o u s e ...................................................... ..............................

3 6 ,2 3 5 23

4 ,8 1 4 5 3

4 1 ,0 4 9 76

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

2 ,0 4 0 64

1 ,2 9 4 51

3 ,3 3 5 15

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

1 2 3 ,3 0 4 45

5 1 ,4 8 9 85

1 7 4 ,7 9 4 30

1 7 1 ,5 3 8 75

6 8 ,9 0 6 00

2 4 0 ,4 4 4 75

2 ,5 0 0 00

2 ,5 0 0 00

$ 6 ,3 5 6 ,6 9 5 61

$ 1 ,5 4 9 ,1 8 4 80

$ 7 ,9 0 5 ,8 8 0 41

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

$ 6 0 0 ,0 0 0 00

$ 1 0 0 ,0 0 0 00

$ 7 0 0 ,0 0 0 00

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

3 1 0 ,0 0 0 00

7 0 .0 0 0 00

3 8 0 ,0 0 0 00

U n d iv id e d p ro fits les s e x p e n se s a n d t a x e s p a i d .............................................

2 2 6 ,5 0 9 81

2 3 ,0 9 8 28

2 4 9 ,6 0 8 09

5 0 .0 0 0 00

5 0 ,0 0 0 00

N ic k e ls n n d c e n ts
S p ecie

XJ pi n n d n a tio n a l h a n k n o te s

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

T o t a l s ...........................................................................................................................
L ia b ilitie s .
C n p itn l s to c k pn id in
S u rp lu s fu n d

N a tio n a l b a n k n o te s o u t s ta n d in g

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

3 4 ,2 0 3 71

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

42 50

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

2 ,3 2 5 ,5 3 2 29

S a v in g s d e p o s it s ................................................................................................................

2 ,8 5 8 ,9 0 7 30

D u e to b a n k s a n d b a n k e rs
D iv id e n d s u n p a id
(Jo™711ere ini d e p o s its

B

H >!

42 5 0
1 ,2 7 6 ,0 8 6 52

3 ,6 0 1 ,6 1 8 81
2 ,8 5 8 ,9 0 7 30

r/
iu ta

N o t ps nud b ills r e d is c o u n te d

T o t a ls

3 4 ,2 0 3 71

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


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

1 ,5 0 0 CO

1 ,5 0 0 00
, r , . r ..............................................................

$ 6 ,3 5 6 ,6 9 5 61

3 0 ,0 0 0 00

3 0 ,0 0 0 00

$ 1 ,5 4 9 ,1 8 4 80

$ 7 ,9 0 5 ,8 8 0 41

lxxxviii

STATE BANKING DEPARTMENT.

CALUMET.
ST A T E A N D N A T IO N A L B A N K S .

A b s tr a c ts o f th e p u b lis h e d r e p o r ts o f the tw o S ta te a n d on e N a tio n a l b a n k s i n the c ity of
C a lu m e t, a s m a d e to th e C o m m is s io n e r o f th e B a n k in g D e p a r tm e n t, N o v e m b e r 1 0 , 1 9 1 0 .

R e s o u rc e s .

R ep o rt of
2 s ta te
banks.

R e p o rt of
1 n a tio n a l
bank.

i

T o ta l.

L o a n s a n d d is c o u n t s ......................................................................................................

$ 1 ,7 2 8 ,7 9 3 94

$ 2 ,3 5 1 ,0 7 0 50

S to c k s, b o n d s a n d m o r t g a g e s .....................................................................................

2 8 0 ,4 2 9 21

3 0 5 ,3 3 8 00

O v e r d r a f t s ..........................................................................................................................

2 9 2 68

9 0 35

383 0 3

U . S. b o n d s to s e c u re c ir c u l a t i o n .............................................................................

2 0 0 ,0 0 0 00

2 0 0 ,0 0 0 00

U . S. b o n d s t o s e c u re TJ. S. d e p o s i t s ......................................................................

1 ,0 0 0 00

1 ,0 0 0 00

2 ,8 0 0 00

2 ,8 0 0 0 0

$ 4 ,0 7 9 ,8 6 4 44
'

5 8 5 ,7 6 7 21

O th e r b o n d s t o s e c u re U . S. d e p o s it s .....................................................................
U . S. b o n d s o n h a n d .......................................................................................................
P r e m iu m s p a i d ..................................................................................................................

627 50

1 ,0 0 0 00

1 ,6 2 7 5 0

B a n k in g h o u s e , f u r n i tu r e a n d f i x t u r e s ...................................................................

6 4 ,7 3 3 71

5 0 ,8 5 9 03

1 1 5 ,5 9 2 74

O th e r r e a l e s t a t e ..............................................................................................................

3 ,0 0 0 00

D u e f ro m o t h e r b a n k s a n d b a n k e r s ........................................................................

4 ,6 7 5 9 3

3 2 ,1 6 1 35

3 6 ,8 3 7 28

D u e fro m b a n k s in r e s e rv e c i t i e s ..............................................................................

7 8 4 ,5 2 7 41

1 3 5 ,9 5 3 71

9 2 0 ,4 8 1 12

C h eck s a n d o t h e r c a s h i t e m s ......................................................................................

5 ,4 0 6 42

1 ,0 7 8 34

6 ,4 8 4 76

5 ,8 6 9 51

5 ,8 6 9 51

E x c h a n g e s fo r c le a rin g h o u s e .....................................................................................

3 ,0 0 0 00

N ic k e ls a n d c e n t s .............................................................................................................

1 ,6 5 0 66

8 9 0 70

2 ,5 4 1 36

S p e c ie .....................................................................................................................................

1 0 0 ,3 6 1 10

2 3 9 ,8 5 8 60

3 4 0 ,2 1 9 70

U . S. a n d n a tio n a l b a n k n o t e s ...................................................................................

1 9 9 ,5 3 0 00

1 4 0 ,0 0 0 00

3 3 9 ,5 3 0 0 0

1 0 ,0 0 0 00

1 0 ,0 0 0 0 0

$ 3 ,1 7 4 ,0 2 8 56

$ 3 ,4 7 7 ,9 7 0 09

$ 6 ,6 5 1 ,9 9 8 65

C a p ita l s to c k p a id i n ......................................................................................................

$ 2 5 0 ,0 0 0 00

$ 2 0 0 ,0 0 0 00

$ 4 5 0 ,0 0 0 00

S u r p lu s f u n d .......................................................................................................................

1 8 0 ,0 0 0 00

2 7 5 ,0 0 0 00

4 5 5 ,0 0 0 00

U n d iv id e d p ro fits , les s e x p e n se s a n d t a x e s p a i d ..............................................

9 5 ,7 3 7 82

2 2 ,0 3 4 23

1 1 7 ,7 7 2 05

1 7 5 ,1 5 0 00

1 7 5 ,1 5 0 00

2 ,1 5 3 38

8 ,1 6 2 8 3

2 ,8 0 2 ,6 3 2 48

5 ,2 2 6 ,1 3 6 72

R e d e m p tio n fu n d w ith U . S. tre a s u r e r (5 % of c i r c u l a t i o n ) ......................
D u e f ro m U . S. t r e a s u re r , o th e r t h a n 5 % r e d e m p tio n f u n d ........................
T o t a l s ...........................................................................................................................
L ia b ilitie s .

N a tio n a l b a n k n o te s o u t s t a n d i n g .............................................................................
D u e t o b a n k s a n d b a n k e r s ...........................................................................................

6 ,0 0 9 45

D iv id e n d s u n p a i d .............................................................................................................

1 4 0 00

C o m m e rc ia l d e p o s i t s .......................................................................................................

2 ,4 2 3 ,5 0 4 24

S a v in g s d e p o s i t s ..............................................................................................................

2 1 8 ,6 3 7 05

1 4 0 00

2 1 8 ,6 3 7 05

S t a t e m o n e y s o n d e p o s it ...............................................................................................
/
U n ite d S t a te s d e p o s it s ..................................................................................................

1 ,0 0 0 00

1 ,0 0 0 0 0

$ 3 ,4 7 7 ,9 7 0 09

$ 6 ,6 5 1 ,9 9 8 65

B o n d s b o r r o w e d ................................................................................................................

N o te s a n d b ills r e d i s c o u n te d ......................................................................................
B ills p a y a b l e .......................................................................................................................
L ia b ilitie s o th e r t h a n th o s e a b o v e s t a t e d ............................................................
T o t a ls

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


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

$ 3 ,1 7 4 ,0 2 8 56

REPORT OF THE COMMISSIONER.

lxxxix

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

A b s tr a c ts o f th e 'p u b lish ed r e p o r ts o f th e fo u r S ta te a n d on e N a tio n a l b a n k s i n th e c ity o f A n n
A r b o r , a s m a d e to th e C o m m is s io n e r o f th e B a n k in g D e p a r tm e n t, N o v e m b e r 1 0 , 1 9 1 0 .

R e s o u rc e s .

R ep o rt of
4 s ta te
B anks.

L o a n s a n d d is c o u n t s .......................................................................................................

$ 1 ,6 5 5 ,5 9 3 51

$ 4 3 1 ,3 2 3 01

$ 2 ,0 8 6 ,9 1 6 52

S to c k s, b o n d s a n d m o rtg a g e s .....................................................................................

2 ,9 7 8 ,0 7 2 23

1 1 0 ,7 8 8 60

3 ,0 8 8 ,8 6 0 83

O v e r d r a f t s ...........................................................................................................................

5 ,1 5 7 64

4 , 6 5 9 .5 3

9 ,8 1 7 17

1 0 0 ,0 0 0 00

1 0 0 ,0 0 0 00

U . S. b o n d s to s e cu re c ir c u la t io n .............................................................................

R ep o rt of
1 n a tio n a l
B ank.

T o ta l.

U . S. b o n d s t o se c u re U . S. d e p o s it s ......................................................................
O th e r b o n d s to s e c u re U . S. d e p o s it s .....................................................................
U . S. b o n d s o n h a n d ......................................................................................................

3 2 ,0 0 0 00

P r e m iu m s p a i d ..................................................................................................................

2 ,1 9 4 65

1 ,5 0 0 00

3 ,6 9 4 65

B a n k in g h o u se , f u r n i tu r e a n d f i x t u r e s ...................................................................

1 1 1 ,4 3 0 49

1 2 ,2 0 0 00

1 2 3 ,6 3 0 49

O th e r r e a l e s t a t e ..............................................................................................................

2 3 ,9 9 9 95

1 6 ,0 0 0 00

3 9 ,9 9 9 95

D u e f ro m o t h e r b a n k s a n d b a n k e r s ........................................................................

2 6 ,3 0 7 12

1 3 ,0 8 3 81

3 9 ,3 9 0 9 3

D u e fro m b a n k s in re s e r v e c i t i e s ..............................................................................

3 8 7 ,1 4 8 94

5 9 ,7 8 7 23

4 4 6 ,9 3 6 17

3 2 ,0 0 0 00

C h e c k s a n d o t h e r c a sh i t e m s ......................................................................................

1 3 ,8 1 4 31

417 50

1 4 ,2 3 1 81

E x c h a n g e s f o r c le a rin g h o u s e .....................................................................................

1 7 ,3 0 9 60

1 ,8 5 4 42

1 9 ,1 6 4 02

N ic k e ls a n d c e n t s ..................................................................................... .......................

2 ,5 2 4 92

1 2 0 66

2 ,6 4 5 58

S p e c ie ....................................................................................................................................

1 5 3 ,2 8 5 00

2 6 ,5 6 0 50

1 7 9 ,8 4 5 5 0

U . S. a n d n a tio n a l b a n k n o t e s ...................................................................................

2 0 3 ,4 7 4 00

5 1 ,3 9 6 00

2 5 4 ,8 7 0 00

5 ,0 0 0 00

5 ,0 0 0 0 0

$ 5 ,6 1 2 ,3 1 2 36

$ 8 3 4 ,6 9 1 26

$ 6 ,4 4 7 ,0 0 3 62

C a p ita l s to c k p a id i n ......................................................................................................

$ 4 5 0 ,0 0 0 00

$ 1 0 0 ,0 0 0 00

$ 5 5 0 ,0 0 0 00

S u rp lu s f u n d .......................................................................................................................

1 5 5 ,0 0 0 00

5 0 ,0 0 0 00

2 0 5 ,0 0 0 00

U n d iv id e d p ro fits , le s s e x p e n s e s a n d t a x e s p a i d .............................................

1 1 4 ,1 7 8 77

2 3 ,8 5 3 54

1 3 8 ,0 3 2 31

1 0 0 ,0 0 0 00

100 000 0 0

R e d e m p tio n fu n d w ith U . S. tre a s u r e r (5 % o f c i r c u l a t i o n ) ........................
D u e fro m U . S. t r e a s u re r , o th e r t h a n 5 % re d e m p tio n f u n d ........................
T o t a l s ...........................................................................................................................
L ia b ilitie s .

N a tio n a l b a n k n o te s o u t s t a n d i n g ............................................................................
D u e to b a n k s a n d b a n k e r s ..........................................................................................

9 9 ,5 7 6 69

D iv id e n d s u n p a i d ............................................................................................................

193 00

C o m m e rc ia l d e p o s it s ......................................................................................................

1 ,0 1 2 ,2 2 4 44

S a v in g s d e p o s it s ...............................................................................................................

3 ,7 7 1 ,1 3 9 46

S t a te m o n e y s o n d e p o s it ..............................................................................................

1 0 ,0 0 0 00

9 9 ,5 7 6 69
193 00
5 6 0 ,8 3 7 72

1 ,5 7 3 ,0 6 2 16
3 ,7 7 1 ,1 3 9 46

........

1 0 ,0 0 0 00
'

LTn i te d S ta te s d e p o s i t s ..................................................................................................

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

B o n d s b o r ro w e d ................................................................................................................
R e s e rv e d f o r t a x e s ...........................................................................................................
N o te s a n d b ills r e d i s c o u n te d ......................................................................................
B ills p a y a b le .......................................................................................................................
L ia b ilitie s o th e r t h a n th o s e a b o v e s t a t e d ............................................................
T o t a l s ...........................................................................................................................


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

$ 5 ,6 1 2 ,3 1 2 36

$ 8 3 4 ,6 9 1 26

$ 6 ,4 4 7 ,0 0 3 62

xc

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 .

A b s tr a c ts o f th e 'published, r e p o r ts o f the fo u r S ta te a n d on e N a tio n a l b a n k s i n th e c ity o f
P o r t H u r o n , a s m a d e to the C o m m is s io n e r o f th e B a n k in g D e p a r tm e n t, N o v e m b e r 1 0 , 1 9 1 0 .

R e p o rt of
4 s ta t e
b anks.

R e s o u rc e s .

R e p o rt of
1 n a tio n a l
bank.

T o ta l.

L o a n s a n d d is c o u n t s ...............................................................................

$ 2 ,3 6 8 ,1 8 5 16

$ 9 9 7 ,5 0 7 41

$ 3 ,3 6 5 ,6 9 2 57

S to c k s, b o n d s a n d m o rtg a g e s .............................................................

9 2 2 ,8 8 4 69

2 1 0 ,4 4 0 00

1 ,1 3 3 ,3 2 4 69

O v e r d r a f t s ...................................................................................................

4 ,3 0 9 08

283 72

4 ,5 9 2 8 0

U . S. b o n d s t o se c u re c ir c u la t io n .....................................................

1 5 0 ,0 0 0 00

1 5 0 ,0 0 0 0 0

U . S. b o n d s to se c u re U . S. d e p o s it s ..............................................

4 0 ,0 0 0 00

4 0 ,0 0 0 0 0

6 0 ,0 0 0 00

1 7 4 ,2 0 2 37

O th e r b o n d s t o se c u re U . S. d e p o s it s ..............................................
U . S. b o n d s o n h a n d ...............................................................................
P r e m iu m s p a i d .................................................................................—

.

B a n k in g h o u se , f u r n i tu r e a n d f i x t u r e s ...........................................

1 1 4 ,2 0 2 37

O th e r r e a l e s t a t e ......................................................................................

2 5 ,1 1 0 00

D u e f ro m o t h e r b a n k s a n d b a n k e r s ................................................

2 6 ,3 1 8 38

9 ,9 7 4 72

3 6 ,2 9 3 10

D u e f ro m b a n k s in r e s e rv e c i t i e s .....................................................

3 1 8 ,1 3 9 02

2 3 9 ,3 5 6 23

5 5 7 ,4 9 5 25

C hecks a n d o th e r c a s h i t e m s ..............................................................

1 3 ,2 6 4 14

E x c h a n g e s f o r c le a rin g h o u s e .............................................................

4 6 ,4 8 1 19

3 ,5 2 4 26

5 0 ,0 0 5 45

2 5 ,1 1 0 0 0

1 3 ,2 6 4 14

N ic k e ls a n d c e n t s .....................................................................................

3 ,0 5 2 08

5 2 2 65

3 ,5 7 4 7 3

S p e c ie .............................................................................................................

6 8 ,7 6 6 47

4 8 ,8 9 0 75

1 1 7 ,6 5 7 2 2

U . S. a n d n a ti o n a l b a n k n o t e s ...........................................................

9 3 ,3 7 5 00

6 6 ,6 2 0 00

1 5 9 ,9 9 5 0 0

7 ,5 0 0 00

7 ,5 0 0 0 0

1 ,0 0 4 ,0 8 7 58

$ 1 ,8 3 4 '6 1 9 74

,8 3 8 ,7 0 7 32

C a p ita l s to c k p a id _ in .......................................................

$ 4 0 0 ,0 0 0 00

$ 1 5 0 ,0 0 0 00

$ 5 5 0 ,0 0 0 OO

S u rp lu s f u n d ........................................................................

2 2 0 ,2 5 0 00

7 5 ,0 0 0 00

2 9 5 ,2 5 0 0 0

7 0 ,9 2 2 46

3 3 ,7 6 6 60

1 0 4 ,6 8 9 0 6

1 4 9 ,9 9 5 00

1 4 9 ,9 9 5 0 0

8 0 ,6 9 8 17

2 6 4 ,6 5 4 9 9

1 ,2 9 7 ,6 6 9 17

2 ,5 6 4 ,0 3 4 3 8

R e d e m p tio n f u n d w ith U . S. tre a s u r e r (5 % o f c ir c u la t io n ) .
D u e f ro m U . S. tre a s u re r , o t h e r t h a n 5 % r e d e m p tio n f u n d .
T o ta ls .
L ia b ilitie s .

U n d iv id e d p ro fits , le s s e x p e n se s a n d t a x e s p a id
N a tio n a l b a n k n o te s o u t s t a n d i n g .............................
D u e to b a n k s a n d b a n k e r s ...........................................

1 8 3 ,9 5 6 82

D iv id e n d s u n p a i d .............................................................

269 50

C o m m e rc ia l d e p o s it s .........................................................

1 ,2 6 6 ,3 6 5 21

S a v in g s d e p o s its ..................................................................

1 ,8 2 2 ,3 7 7 09

S t a te m o n e y s o n d e p o s it .................................................

3 9 ,9 4 6 50

U n ite d S t a te s d e p o s it s .....................................................

269 5 0

1 ,8 2 2 ,3 7 7 0 9
3 9 ,9 4 6 5 0
4 0 ,0 0 0 00

4 0 ,0 0 0 OO

7 ,4 9 0 80

7 ,4 9 0 8 0

1 ,8 3 4 ,6 1 9 74

5 ,8 3 8 ,7 0 7 3 2

B o n d s b o r ro w e d ...................................................................
R e s e rv e d f o r t a x e s .............................................................
N o te s a n d b ills r e d i s c o u n te d .........................................
B ills p a y a b l e .......................................... ..............................
L ia b ilitie s o th e r t h a n th o s e a b o v e s t a t e d ...............
T o ta ls .


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

1 ,0 0 4 ,0 8 7 58

xci

REPORT OF THE COMMISSIONER.

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

\

A b s tr a c ts o f the p u b lis h e d r e p o rts o f the tw o S ta te a n d tw o N a tio n a l b a n k s i n the c ity of L a n ­
s in g , a s m a d e to the C o m m is s io n e r o f th e B a n k in g D e p a r tm e n t, N o v e m b e r 1 0 , 1 9 1 0 .
R e p o rt of
2 s ta te
b anks.

R e s o u rc e s .

R ep o rt of
2 n a tio n a l
b anks.

T o ta l.

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

$ 8 3 6 ,3 0 3 22

$ 1 ,8 3 9 ,9 9 8 94

$ 2 ,6 7 6 ,3 0 2 16

S to c k s b e n d s a n d m o r t g a g e s .....................................................................................

4 7 5 ,3 9 5 82

5 8 5 ,4 9 4 67

1 ,0 6 0 ,8 9 0 49

5 0 4 30

8 6 32

5 9 0 62

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

2 0 0 ,0 0 0 00

2 0 0 ,0 0 0 00

u . S. b o n d s to s e c u re TJ. S. d e p o s it s .......................................................................

2 ,0 0 0 00

2 ,0 0 0 00

L o a n s a n d d is c o u n ts

O v e r d r a f ts

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

TJ S b o n d s t n SPenre c irc u la tio n

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

2 ,9 4 4 74

1 ,5 0 0 00

4 ,4 4 4 74

B a n k in g lions*1 f u r n i tu r e a n d f i x t u r e s ...................................................................

5 3 ,6 7 0 55

7 9 ,0 0 0 00

1 3 2 ,6 7 0 55

P r e m iu m s p a id

B lie fro m o t h e r b a n k s a n d b a n k e r s ........................................................................
JL jp fro m b a n k s in re s e rv e P ities

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

C h eck s a n d o th e r c a s h i t e m s ........................................................................ .............
E x c h a n g e s fo r el e a rin g h o u s e

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

1 ,4 3 9 26

7 8 ,2 8 0 00

7 9 ,7 1 9 26

1 2 4 ,1 5 5 9 6

3 0 6 ,0 8 1 48

4 3 0 ,2 3 7 44

2 2 ,1 8 4 44

3 4 ,6 2 4 41

397 44

397 44
1 2 ,4 3 9 97

N ic k e ls a n d c e n ts

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

891 10

2 ,3 1 8 06

3 ,2 0 9 16

Speci*1

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

3 4 ,9 2 4 95

6 8 ,9 3 2 75

1 0 3 ,8 5 7 70

8 1 ,1 5 8 75

1 2 8 ,4 9 9 00

2 0 9 ,6 5 7 75

1 0 ,0 0 0 00

1 0 ,0 0 0 00

XJ 8 a n d n a tio n a l b a n k n o te s

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

R e d e m p tio n f u n d w ith TJ. S. t r e a s u r e r

o f c i r c u la t io n ) ......................

8 ,0 0 0 00

8 ,0 0 0 00

$ 1 ,6 2 4 ,2 2 6 06

$ 3 ,3 3 2 ,3 7 5 66

$ 4 ,9 5 6 ,6 0 1 72

f ro m TJ. S. t r e a s u r e r o t h e r t h a n 5^/) re d e m p tio n f u n d ........................
T o t a l s ...........................................................................................................................
L ia b ilitie s .
...................................................................................

$ 2 5 0 ,0 0 0 00

$ 2 0 0 ,0 0 0 00

$ 4 5 0 ,0 0 0 00

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

6 0 ,0 0 0 00

1 4 0 ,0 0 0 00

2 0 0 ,0 0 0 00

U n d iv id e d p r e f it13 le s s e x p e n s e s a n d t a x e s p a i d ..............................................

1 8 ,5 2 7 01

1 0 9 ,4 9 7 66

1 2 8 ,0 2 4 67

1 9 9 ,9 7 5 00

1 9 9 ,9 7 5 00

1 1 9 ,1 1 4 69

1 3 3 ,8 6 0 15

C a p ita l st-oek p a id in
S u rp lu s fu n d

N a tio n a l b a n k n o te s o u t s ta n d in g

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

D u e to b a n k s a n d b a n k e rs .......................................................................... .............
D iv id e n d s u n p a id

1 4 ,7 4 5 46

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

Com m ereia.l d e p o s it s .......................................................................................................

5 6 2 ,5 4 3 59

^k^yjjigg d e p o s it s .................................................................................*..............................

7 0 1 ,8 7 7 91

S t a te m o n e y s o n d e p o s it

, .....................................................• ..

5 0 00

50 0 0

2 ,5 6 1 ,7 3 8 31

3 ,1 2 4 ,2 8 1 9 0
7 0 1 ,8 7 7 91
1 6 ,5 3 2 09

1 6 ,5 3 2 09

2 ,0 0 0 00

2 ,0 0 0 00

. ..
T o t a l s .........................................................................................................................


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

$ 1 ,6 2 4 ,2 2 6 06

$ 3 ,3 3 2 ,3 7 5 66

$ 4 ,9 5 6 ,6 0 1 72

xcn

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

A b s tr a c ts o f the 'p u b lish ed r e p o r ts o f th e fo u r S ta te a n d on e N a tio n a l b a n k s in the c ity of
A d r ia n , a s m a d e to th e C o m m is s io n e r o f th e B a n k in g D e p a r tm e n t, N o v e m b e r 1 0 , 1 9 1 0 .

R e s o u rc e s .

R ep o rt of
4 s ta t e
banks.

R e p o rt of
1 n a tio n a l
bank.

T o ta l.

L o a n s a n d d i s c o u n t s ......................................................................................................

$ 1 ,2 4 8 ,8 0 9 87

$ 3 0 7 ,3 3 3 93

$ 1 ,5 5 6 ,1 4 3 80

S to c k s, b o n d s a n d m o rtg a g e s .....................................................................................

2 ,1 3 9 ,3 8 0 02

1 7 ,7 7 2 54

2 ,1 5 7 ,1 5 2 56

O v e r d r a f ts ............................................................................................................................

3 ,0 4 9 19

81 88

3 ,1 3 1 07

U . S. b o n d s to se c u re c ir c u la tio n ..............................................................................

1 0 0 ,0 0 0 00

1 0 0 ,0 0 0 00

U . S. b o n d s t o se c u re U . S. d e p o s its .......................................................................

2 ,0 0 0 00

O t h e r b o n d s to s e c u re U . S. d e p o s it s .....................................................................
U . S. b o n d s o n h a n d ......................................................................................................
P r e m iu m s p a i d ..................................................................................................................

311 11

1 ,1 2 7 87

1 ,4 3 8 98

B a n k in g h o u se , f u r n i tu r e a n d f i x t u r e s ...................................................................

1 0 0 ,0 0 0 00

6 3 ,2 7 6 34

1 6 3 ,2 7 6 34

O t h e r r e a l e s t a t e ...............................................................................................................
D u e f ro m o th e r b a n k s a n d b a n k e r s .........................................................................

4 ,7 3 7 58

3 1 ,3 6 5 79

3 6 ,1 0 3 37

D u e fro m b a n k s in re s e r v e c it i e s ..............................................................................

4 1 4 ,9 4 9 86

3 0 ,3 1 0 96

4 4 5 ,2 6 0 82

C h e c k s a n d o th e r c a sh i t e m s ......................................................................................

2 ,3 6 6 07

629 73

2 ,9 9 5 8 0

E x c h a n g e s f o r c le a rin g h o u s e .....................................................................................

5 ,4 1 8 26

654 86

6 ,0 7 3 12

N ic k e ls a n d c e n ts .............................................................................................................

1 ,5 4 4 92

324 10

1 ,8 6 9 02

S p e c ie .....................................................................................................................................

4 9 ,2 8 1 75

8 ,3 6 9 70

5 7 ,6 5 1 45

U . S. a n d N a tio n a l b a n k n o t e s .................................................................................

1 4 8 ,8 7 6 00

6 ,6 0 0 00

1 5 5 ,4 7 6 00

5 ,0 0 0 00

5 ,0 0 0 00

$ 4 ,1 1 8 ,7 2 4 63

$ 5 7 2 ,8 4 7 70

$ 4 ,6 9 1 ,5 7 2 33

C a p ita l s to c k p a id i n ......................................................................................................

$ 4 0 5 ,0 0 0 00

$ 1 0 0 ,0 0 0 00

$ 5 0 5 ,0 0 0 00

S u rp lu s f u n d .......................................................................................................................

9 7 ,0 0 0 00

2 0 ,0 0 0 00

1 1 7 ,0 0 0 00

U n d iv id e d p ro fits , les s e x p e n se s a n d t a x e s p a i d .............................................

7 1 ,2 6 5 36

3 ,6 8 3 00

7 4 ,9 4 8 36

9 8 ,9 0 0 00

9 8 ,9 0 0 00

2 ,3 7 1 14

3 0 ,9 3 3 14

3 3 ,3 0 4 28

5 0 2 ,3 3 8 69

2 9 2 ,0 1 2 84

R e d e m p tio n f u n d w ith U . S. tre a s u r e r (5 % o f c ir c u la t io n ) ........................
D u e f ro m U . S. t r e a s u re r , o t h e r t h a n 5 % re d e m p tio n f u n d ........................
T o t a ls ............................................................................................................................
L ia b ilitie s .

N a tio n a l b a n k n o te s o u t s t a n d i n g .............................................................................
D u e t o b a n k s a n d b a n k e r s ...........................................................................................
D iv id e n d s u n p a id .............................................................................................................
C o m m e rc ia l d e p o s it s ..................................................................................................
S a v in g s d e p o s its ................................................................................................................

7 9 4 ,3 5 1 53

3 ,0 4 0 ,7 4 9 44

3 ,0 4 0 ,7 4 9 44

S t a te m o n e y s o n d e p o s it......................................................................... T .................
U n ite d S ta te s d e p o s its ...................................................................................................
B o n d s b o r ro w e d ................................................................................................................

«

9 ,2 0 0 00

9 ,2 0 0 00

1 8 ,1 1 8 72

1 8 ,1 1 8 72

R e s e rv e d f o r t a x e s ...........................................................................................................
N o te s a n d b ills r e d i s c o u n te d ......................................................................................
B ills p a y a b le .......................................................................................................................
-

L ia b ilitie s o th e r t h a n th o s e a b o v e s t a t e d .............................................................
T o t a l s ............................................................................................................................


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

$ 4 ,1 1 8 ,7 2 4 63

$ 5 7 2 ,8 4 7 70

$ 4 ,6 9 1 ,5 7 2 33

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

xciv

STATE BANKING DEPARTMENT.
M ARQUETTE.
ST A T E A N D N A T IO N A L B A N K S .

A b s tr a c ts o f the 'p u b lish ed r e p o r ts o f th e o n e S ta te a n d tw o N a tio n a l b a n k s in the c ity of M a r ­
q u ette, a s m a d e to the C o m m is s io n e r o f th e B a n k in g D e p a r tm e n t, N o v e m b e r 1 0 , 1 9 1 0 .

R e s o u rce s .

R ep o rt of
1 s ta t e
bank.

R e p o rt of
2 n a ti o n a l
b anks.

T o ta l.

L o a n s a n d d i s c o u n t s .......................................................................................................

$ 6 4 8 ,1 8 9 28

$ 1 ,7 0 9 ,8 1 9 83

$ 2 ,3 5 8 ,0 0 9 11

S to c k s, b o n d s a n d m o rtg a g e s ......................................................................................

2 1 1 ,5 1 2 56

3 9 4 ,3 8 4 52

6 0 5 ,8 9 7 08

O v e r d r a f ts ............................................................................................................................

8 3 53

347 01

4 3 0 54

U . S. b o n d s t o s e c u re c ir c u la tio n ..............................................................................

2 5 0 ,0 0 0 00

2 5 0 ,0 0 0 00

U . S. b o n d s t o s e c u re U . S. d e p o s its .......................................................................

2 6 ,0 0 0 00

2 6 ,0 0 0 00

3 7 ,5 0 0 00

3 7 ,5 0 0 0 0

1 3 6 ,6 9 2 60

O th e r b o n d s t o s e c u re IT. S. d e p o s it s .....................................................................
U . S. b o n d s o n h a n d ......................................................................................................
P r e m iu m s p a i d ..................................................................................................................
B a n k in g h o u se , f u r n i tu r e a n d f i x t u r e s ...................................................................

5 7 ,6 9 2 60

7 9 ,0 0 0 00

O th e r r e a l e s t a t e ...............................................................................................................

1 ,4 8 9 30

4 ,0 0 0 00

5 ,4 8 9 30

D u e fro m o th e r b a n k s a n d b a n k e r s .........................................................................

7 ,2 1 6 67

1 5 7 ,8 1 6 26

1 6 5 ,0 3 2 9 3

D u e f ro m b a n k s in re s e r v e c itie s ...............................................................................

1 4 4 ,3 4 1 18

4 8 5 ,6 4 3 62

6 2 9 ,9 8 4 80

C hecks a n d o t h e r c a sh i t e m s ......................................................................................

5 ,0 1 3 07

4 ,9 7 4 29

9 ,9 8 7 36

E x c h a n g e s fo r c le a rin g h o u s e .....................................................................................

1 ,4 3 1 49

N ic k e ls a n d c e n ts ..............................................................................................................

262 00

4 2 0 26

682 26

S p e c ie .................................................................................................................... ................

1 9 ,4 4 7 90

1 4 7 ,8 2 8 05

1 6 7 ,2 7 5 95

U . S. a n d N a tio n a l b a n k n o t e s .................................................................................

7 2 ,3 9 9 00

1 ,4 3 1 49

6 5 ,3 5 0 00

1 3 7 ,7 4 9 00

1 2 ,5 0 0 00

1 2 ,5 0 0 00

$ 1 ,1 6 9 ,0 7 8 58

$ 3 ,3 7 5 ,5 8 3 84

$ 4 ,5 4 4 ,6 6 2 42

C a p ita l s to c k p a id i n .......................................................................................................

$ 1 0 0 ,0 0 0 00

$ 2 5 0 ,0 0 0 00

$ 3 5 0 ,0 0 0 00

S u rp lu s f u n d .......................................................................................................................

2 5 ,0 0 0 00

7 5 ,0 0 0 00

1 0 0 ,0 0 0 00

U n d iv id e d p ro fits , le s s e x p e n se s a n d t a x e s p a i d .............................................

8 ,2 4 7 27

8 8 ,8 3 0 1 3

9 7 ,0 7 7 40

2 4 4 ,1 0 0 00

2 4 4 ,1 0 0 00

2 3 ,4 9 3 58

8 2 ,3 6 3 61

R e d e m p tio n f u n d w ith U . S. tre a s u r e r (5 % o f c ir c u la t io n ) ........................
D u e fro m U . S. tre a s u re r , o t h e r t h a n 5 % r e d e m p tio n f u n d ........................
T o t a ls ............................................................................................................................
L ia b ilitie s .

N a tio n a l b a n k n o te s o u t s t a n d i n g .............................................................................
D u e t o b a n k s a n d b a n k e r s ...........................................................................................

5 8 ,8 7 0 03

D iv id e n d s u n p a id ..............................................................................................................
C o m m e rc ia l d e p o s it s ......................................................................................................

5 4 6 ,2 6 6 89

S a v in g s d e p o s its ................................................................................................................

4 3 0 ,6 9 4 39

184 00

184 00

2 ,6 6 6 ,9 0 4 08

3 ,2 1 3 ,1 7 0 97
4 3 0 ,6 9 4 39

S t a te m o n e y s o n d e p o s it...............................................................................................

1

V

U n ite d S t a te s d e p o s its ............................................................................................

2 5 ,1 8 9 18

2 5 ,1 8 9 18

1 ,8 8 2 87

1 ,8 8 2 87

$ 3 ,3 7 5 ,5 8 3 84

$ 4 ,5 4 4 ,6 6 2 42

B o n d s b o r ro w e d ................................................................................................................
R e s e rv e d f o r ta x e s , i n te r e s t, e t c ...............................................................................
N o te s a n d b ills r e d i s c o u n te d ......................................................................................
B ills p a y a b le .......................................................................................................................
L ia b ilitie s o th e r t h a n th o se a b o v e s t a t e d ..............................................................
T o t a ls ............................................................................................................................


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

$ 1 ,1 6 9 ,0 7 8 58

REPORT OF THE COMMISSIONER.

xcv

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

A b s tr a c ts of th e 'p u b lish ed r e p o r ts o f the tw o N a tio n a l b a n k s i n th e c ity o f H o u g h to n , a s m a d e
to the C o m m is s io n e r o f the B a n k in g D e p a r tm e n t, N o v e m b e r 1 0 , 1 9 1 0 .

R e s o u rc e s .

R e p o rt of
2 n a tio n a l
b anks.

L o a n s a n d d i s c o u n t s ...................................................................................................................................................................................

$ 2 ,6 3 6 ,6 5 9 23

S to c k s , b o n d s a n d m o r t g a g e s ..................................................................................................................................................................

3 0 3 ,9 5 0 00

O v e r d r a f t s ........................................................................................................................................................................................................

1 2 ,5 4 0 9 0

U . S. b o n d s to se c u re c ir c u la t io n ...........................................................................................................................................................

1 8 5 ,0 0 0 00

U . S. b o n d s t o se c u re U . S . d e p o s it s ....................................................................................................................................................

1 0 0 ,0 0 0 00

O th e r b o n d s t o s e c u re U . S. d e p o s its ....................................................................................................................................................
U . S. b o n d s o n h a n d ....................................................................................................................................................................................
P r e m iu m s p a i d ...............................................................................................................................................................................................

1 ,1 2 0 00

B a n k in g h o u se , f u r n i tu r e a n d f ix t u r e s .................................................................................................................................................

5 9 ,7 0 0 00

O th e r r e a l e s t a t e .................................................... , ....................... ! ..........................................................................................................
D u e f ro m o t h e r b a n k s a n d b a n k e r s ......................................................................................................................................................

9 2 ,7 9 8 50

D u e f ro m b a n k s in r e s e r v e c i t i e s ...........................................................................................................................................................

2 2 3 ,3 9 6 60

C h e c k s a n d o th e r c a sh i t e m s ....................................................................................................................................................................

2 5 ,3 5 3 46

E x c h a n g e s f o r c le a rin g h o u s e ..................................................................................................................................................................
N ic k e ls a n d c e n t s ..........................................................................................................................................................................................

1 ,7 9 4 44

S p e c ie ..................................................................................................................................................................................................................

2 8 0 ,5 3 4 25

U . S. a n d n a tio n a l b a n k n o t e s ................................................................................................................................................................

1 2 5 ,5 7 5 00

R e d e m p tio n f u n d w ith U . S. t r e a s u r e r (5 % o f c ir c u la t io n ) ......................................................................................................

9 ,2 5 0 00

D u e fro m U . S. tre a s u re r , o th e r t h a n 5 % r e d e m p tio n f u n d .....................................................................................................
T o t a l s .................................................................................................................................................... ....................................................

$ 4 ,0 5 7 ,6 7 2 38

L ia b ilitie s .
C a p ita l s to c k p a id i n ...................................................................................................................................................................................

$ 3 0 0 ,0 0 0 00

S u r p lu s f u n d ....................................................................................................................................................................................................

2 5 0 ,0 0 0 00

U n d iv id e d p ro fits , less e x p e n se s a n d t a x e s p a i d ............................................................................................................................

2 6 8 ,9 6 6 61

N a tio n a l b a n k n o te s o u t s t a n d in g ...........................................................................................................................................................

1 8 1 ,2 5 0 00

D u e t o b a n k s a n d b a n k e r s ........................................................................................................................................................................

5 0 ,7 0 7 41

D iv id e n d s u n p a i d ..........................................................................................................................................................................................
C o m m e rc ia l d e p o s its ....................................................................................................................................................................................

2 ,9 8 1 ,7 4 8 36

S a v in g s d e p o s i t s .............................................................................................................................................................................................
S t a te m o n e y s o n d e p o s i t ............................................................................................................................................................................
U n ite d S t a te s d e p o s it s ................................................................................................................................................................................

2 5 ,0 0 0 00

B o n d s b o r r o w e d .............................................................................................................................................................................................
R e s e rv e d f o r t a x e s ........................................................................................................................................................................................
N o te s a n d b ills r e d i s c o u n te d .......................... ........................................................................................................................................
B ills p a y a b l e .....................................................................................................................................................................................................
L ia b ilitie s o t h e r t h a n th o s e a b o v e s t a t e d ..........................................................................................................................................
T o t a l s .........................................................................................................................................................................................................


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

$ 4 ,0 5 7 ,6 7 2 38

STATE BANKING DEPARTMENT.

XCV1

ALPENA.
ST A T E A N D N A T IO N A L B A N K S .

A b s tr a c ts of the 'p u b lish ed r e p o r ts o f th e o n e S ta te a n d one N a tio n a l b a n k in the c ity of
A lp e n a , a s m a d e to the C o m m is s io n e r o f th e B a n k in g D e p a r tm e n t, N o v e m b e r 1 0 , 1 9 1 0 .

R e s o u rc e s .

R e p o rt of
1 s ta te
bank.

R ep o rt of
1 n a tio n a l
bank.

T o ta l.

L o a n s a n d d i s c o u n t s ......................................................................................................

$ 8 3 6 ,9 2 0 85

$ 6 5 7 ,5 2 4 64

$ 1 ,4 9 4 ,4 4 5 49

S to c k s, b o n d s a n d m o r t g a g e s ....................................................................................

6 2 3 ,2 3 7 9 3

1 4 0 ,7 8 2 67

7 6 4 ,0 2 0 60

O v e r d r a f t s ...........................................................................................................................

1 ,9 1 3 15

9 0 7 30

2 ,8 2 0 45

5 0 ,0 0 0 00

5 0 ,0 0 0 0 0

U . S. b o n d s t o s e c u re c ir c u la t io n .............................................................................
U . S. b o n d s to s e c u re U . S. d e p o s it s ......................................................................
O th e r b o n d s to s e c u re U . S. d e p o s it s .....................................................................

«

'

U . S. b o n d s o n h a n d ......................................................................................................
P r e m iu m s p a i d ..................................................................................................................
B a n k in g h o u se , f u r n i tu r e a n d f i x t u r e s ...................................................................

3 7 ,7 0 7 24

O th e r re a l e s t a t e ..............................................................................................................

7 ,0 0 0 00

4 4 ,7 0 7 24

1 3 ,1 9 7 28

1 3 ,1 9 7 28

D u e fro m o t h e r b a n k s a n d b a n k e r s ........................................................................

6 ,9 0 0 63

424 73

7 ,3 2 5 36

D u e f ro m b a n k s in re s e r v e c i t i e s ..............................................................................

1 5 4 ,8 0 4 13

6 8 ,9 1 7 98

2 2 3 ,7 2 2 11

C h eck s a n d o t h e r c a sh i t e m s ......................................................................................

3 68

2 ,1 4 0 42

E x c h a n g e s f o r c le a rin g h o u s e .....................................................................................

1 0 ,4 2 5 33

2 ,1 4 4 10
1 0 ,4 2 5 33

N ic k e ls a n d c e n t s .............................................................................................................

804 79

805 81

1 ,6 1 0 60

S p e c ie ...................................................................... .............................................................

3 5 ,0 5 7 50

4 9 ,8 6 0 00

8 4 ,9 1 7 5 0

U . S. a n d n a tio n a l b a n k n o t e s ...................................................................................

6 5 ,2 7 9 00

2 2 ,7 7 5 00

8 8 ,0 5 4 0 0

2 ,5 0 0 00

2 ,5 0 0 0 0

R e d e m p tio n f u n d w ith U . S. tre a s u r e r ( 5 % o f c ir c u la t io n ) ......................
D u e f ro m

U.

S. t r e a s u re r , o t h e r t h a n 5 % re d e m p tio n f u n d ........................

T o t a l s ...........................................................................................................................

$ 1 ,7 7 3 ,0 5 4 23

$ 1 ,0 1 6 ,8 3 5 83

$ 2 ,7 8 9 ,8 9 0 0 6

L ia b ilitie s .
C a p ita l s to c k p a id i n ......................................................................................................

$ 1 0 0 ,0 0 0 00

$ 5 0 ,0 0 0 00

$ 1 5 0 ,0 0 0 00

S u rp lu s f u n d .......................................................................................................................

1 2 5 ,0 0 0 00

5 0 .0 0 0 00

1 7 5 ,0 0 0 00

U n d iv id e d p ro fits , less e x p e n se s a n d t a x e s p a i d .............................................

3 ,4 4 2 43

1 1 ,4 2 2 42

1 4 ,8 6 4 85

5 0 .0 0 0 00

5 0 ,0 0 0 00

N a tio n a l b a n k n o te s o u t s t a n d i n g ............................................................................
D u e to b a n k s a n d b a n k e r s ..........................................................................................

6 5 ,9 6 3 44

6 5 ,9 9 3 44

D iv id e n d s u n p a i d ............................................................................................................
C o m m e rc ia l d e p o s it s .......................................................................................................

2 1 8 ,7 8 3 66

S a v in g s d e p o s it s ...............................................................................................................

1 ,2 3 9 ,8 3 4 70

1 ,2 3 9 ,8 3 4 7 0

2 0 ,0 0 0 00

2 0 ,0 0 0 00

8 5 5 ,4 1 3 41

1 ,0 7 4 ,1 9 7 07

S t a te m o n e y s o n d e p o s it ..............................................................................................
U n ite d S ta te s d e p o s it s ..................................................................................................
B o n d s b o r ro w e d ................................................................................................................
R e s e rv e d f o r ta x e s , in te r e s t, e t c ..............................................................................
N o te s a n d b ills r e d i s c o u n te d ......................................................................................
B ills p a y a b le ......................................................................................................................
L ia b ilitie s o th e r t h a n th o s e a b o v e s t a t e d ............................................................
T o t a l s ...........................................................................................................................


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

$ 1 ,7 7 3 ,0 5 4 23

$ 1 ,0 1 6 ,8 3 5 83

$ 2 ,7 8 9 ,8 9 0 06

REPORT OF THE COMMISSIONER.

xcvii

BENTON HARBOR.
STATE B A N K S.

Abstract of the published reports of the three State banks in the city of Benton Harbor, as
made to the Commissioner of the Banking Department, November 10, 1910.

R e s o u rc e s .

L o a n s a n d d i s c o u n t s ................................................................................................
S to c k s, b o n d s a n d m o r t g a g e s ......................................................................................
O v e r d r a f t s ................................................................................................
\
U . S. b o n d s t o s e c u re c ir c u la t io n ......................................................................................

R ep o rt of
3 s ta te
b anks.

S I , 0 8 1 ,3 5 2 82
4 1 2 ,1 0 9 49
3 ,0 1 4 66

U . S. b o n d s to se c u re U.* S. d e p o s it s .................................................................................
'O th e r b o n d s to se c u re U . S. d e p o s it s .......................................................................
U . S. b o n d s o n h a n d ..........................................................................................
P r e m i u m s p a i d ................................................................................................

4 ,2 0 0 00
2 ,0 0 7 74

B a n k in g h o u se , f u r n i tu r e a n d f ix t u r e s ................................................................................

3 0 ,0 0 0 00

O t h e r r e a l e s t a t e ...................................................................................................................

2 3 ,7 5 0 00

D u e fro m o t h e r b a n k s a n d b a n k e r s ...................................................................................
D u e f ro m b a n k s in re s e rv e c i t i e s ...........................................................................................

3 0 ,4 1 7 34
3 6 0 ,1 3 7 21

C h e c k s a n d 'o th e r c a sh i t e m s .................................................................................................

1 1 ,5 5 8 76

E x c h a n g e s f o r c le a rin g h o u s e .........................................................................................................

1 0 ,2 4 2 83

N ic k e ls a n d c e n t s ................................................................................................

2 ,5 8 4 86

S p e c ie .......................................................................................................................

5 8 ,9 1 3 55

U . S. a n d n a tio n a l b a n k n o t e s .....................................................................................................................

8 9 ,1 4 8 00

R e d e m p tio n fu n d w ith U . S. t r e a s u r e r (5 % o f c ir c u la t io n ) ...................................................................
D u e f ro m U . S. t r e a s u re r , o th e r t h a n 5 % re d e m p tio n f u n d ....................................................................
T o t a l s .................................................................................................................................

$ 2 ,1 1 9 ,4 3 7 26

L ia b ilitie s .
C a p ita l s to c k p a id i n ...............................................................................................................................

$ 2 5 0 ,0 0 0 00

S u rp lu s f u n d ....................................................................................................................................................

8 8 ,2 5 0 00

U n d iv id e d p ro fits les s e x p e n se s a n d t a x e s p a i d .......................................................................................................

3 3 ,4 3 4 24

N a tio n a l b a n k n o te s o u t s t a n d in g ...............................................................................
D u e tto b a n k s a n d b a n k e r s ...................................................................................................
D iv id e n d s u n p a i d .......................................................................................................................

9 5 ,6 2 3 31
1 0 00

C o m m e rc ia l d e p o s its ...................................................................................................................................................

7 1 5 ,8 6 8 83

S a v in g s d e p o s it s ..................................................................................................................................................

9 3 6 ,2 5 0 88

S t a te m o n e y s o n d e p o s it ......................................................................................................................................
U n ite d S ta te s d e p o s it s ...............................................................................................................................................
B o n d s b o r r o w e d .................................................................................................................................................................
R e s e rv e d f o r t a x e s ...............................................................................................................................................................................
N o te s a n d b ills r e d i s c o u n te d .............................................................................................................................................
B ills p a y a b l e ...........................................................................................................................................................................................
L ia b ilitie s o t h e r t h a n th o s e a b o v e s t a t e d .........................................................................................................
T o t a l s ...................................................................................................................................................................................


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

$ 2 ,1 1 9 ,4 3 7 26

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

REPORTS
OF

TH E

STATE BANKS AND TRUST COMPANIES
A S M A D E T O T H E C O M M IS S IO N E R O F T H E

S T A T E B A N K IN G

D EPA R TM EN T

NOVEMBER 1 6 ,1 9 0 9 , JANUARY 31, MARCH 2 9 , JUNE 30 AND SEPTEM BER 1,1910


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

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

STATE BANKS OF MICHIGAN.

3

No. 325.
T H E ADDISON STATE SAVINGS BANK, ADDISON.
Organized October 11, 1905.
O. B . B o w e n , P r e s id e n t ; F . B . K l i n e , L . S. T o w n e , V ic e P r e s id e n t s ;
F . B . C l e v e l a n d , C a s h ie r .
D i r e c t o r s .— O. B. Bowen, F. B. Kline, D. A. Curtis, L. S. Towne, R. C. Rothfuss.

4
Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds mortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Premium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
F anking h o u se....................................
F urniture and fix tu res.....................

R eport of
R eport of
R eport of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, TO. Sept. 1, TO.

$30,017 82
13,871 50

$19,107 70
18,463 98

$31,126 75
13,063 01

$27,685 99
14,654 76

$24,885 45
17,653 76

41,198 47

46,952 86

49,377 86

54,449 39

60,764 39

1,149 21

225 22

145 30

264 89

199 05

5,274 12
2,732 44

5,274 12
2,732 44

5,274 12
2,732 44

5,274 12
2,732 44

5,274 12
2,732 44

8,805 25
8,000 00

15,335 78
7,790 41

2,396 59
7,200 00

10,992 85
9,000 00

10,624 57
9,100 00

2,533 00

520 00
3.000 00

1,541 00
3,000 00

3,856 00

3,224 00

705 00

120 00
1.000 00

520 00
200 00

400 00

1,215 00

1,087 60

528 20
696 00

926 85

657 70

478 85
561 0

89 38

111 89
94
329 20

106 13

26 00

190 50

71 31
234 75

31 08

$115,489 79

$122,188 74

$117,800 55

$130,274 20

$136,809 17

$20,000 00
750 00

$20,000 00
1,000 00

$20,000 00
1,000 00

$20,000 00
1,000 00

$20,000 00
1,000 00

2,076 20

362 67

795 98

871 68

1,179 28

15,539 83

22,921 88

18,690 66

23,838 85

21,870 21

2,500 00

2,500 00

33,281 29
43,842 47

32,047 44
45,856 75

30,831 69
40,482 22

36,853 30
45,210 37

39,271 92
50,987 76

$115,489 79

$122,188 74

$117,800 55

Other real e s ta te ................................
Due from other banks and bankers,
not, reserve cities...........................
Ttems in tr a n s it..................................
U nited States bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Oommercial d ep artm en t...............
Savings department,
.................
Exchanges for clearing house:
Commercial d ep artm en t...............
Sa.vings d e p a rtm e n t......................
U. S. and N ational bank currency:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings departm ent ...................
Silver coin:
Cnmmernial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t ...............................
Checks a n d other ca.sh ite m s...........
Tot,a ,I s ..............................................................
Liabilities.
Capital stock pa,id i n ..........................
ftnrnhis funds .................................. ..
U ndivided profits, less losses, cur­
rent expenses, interest and taxes
paid
...............................................
dividends i in pa,id ..........................
Commercial deposits subject to
check

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

(Inmmprriai certificates of deoosit . .
Oertified checks ..............................
n^shier’s checks outstanding:...........
State monies on d e p o s i t.................
Due to banks and ha,nkers...............
deposits
.......................................
Savings certificates of deposit........
Reserved for taxes, interest, etc - •
Notps and hills rediscounted..........
Pills p ay ab le........................................
T o tals ..............................................................


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

65 46

6,000 00
$130,274 20

$136,809

17

STATE BANKING DEPARTMENT.

4

No. 162.
T H E A DRIA N STATE SAVINGS BANK, ADRIAN.
Organized May 29, 1893.
R. A. W a t t s ,

P r e s id e n t ; G e o r g e A. W il c o x , V ic e P r e s id e n t ; B. E. T o b ia s , C a s h ie r ;
R. H. W a t t s , A s s i s t a n t C a s h ie r ; C. S. W h i t n e y , A u d ito r .

D i r e c t o r s .—R. A. W atts, Geo. A. Wilcox, W. E. Jew ett, R. A. Kaiser, Chas. G. Wesley, W. O. H unt,

B.

E. Tobias, A. D. Ellis, C. S. W hitney, R. H. W atts, W. W. Cooke.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds, mortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Prem ium a c c o u n t.......................... '. .
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding e a rn in g s........................
Banking h o u se....................................
Safety deposit v a u l t ..........................
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 bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t......................
Exchanges for clearing house:
Commercial d ep artm en t...............
Savings d ep artm en t......................
U. S. and N ational bank currency.
Commercial d ep artm en t...............
Savings d ep artm en t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Due from U. S . T reasu rer................
Checks and other cash ite m s..........

R eport of
R eport of
R eport of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, TO. Mar. 29, TO. June 30, TO. Sept. 1, TO.

$286,127 52
30,000 00

$297,782 49
30,000 00

$353,375 59
30,000 00

$349,495 75
95,601 25

$270,391»77
97,274100

819,362 88

852,665 77

838,822 77

828,354 77

31,500 00
831,676 31

111 87

101 58

191 17

715 73

1,077 51

30.000 00
10.000 00
5,000 00

30.000 00
10.000 00
5,000 00

30.000 00
10.000 00
5,000 00

30.000 00
10.000 00
5,000 00

30.000 00
10.000 00
5,000 00

4,275 26

766 98

3,765 29

8,393 63

7,788 42

25,182 40
113,338 46

24,818 99
90,552 48

21,276 86
109,499 55

16,984 43
116,136 53

20,811 89
88,769 05

2,067 56

2,467 10

6,420 57

3,893 64

1,113 18

6,691 00
25.000 00

12,674 00
25.000 00

14,778 00
25.000 00

18,286 00
30.000 00

12,709 00
30.000 00

2,215 00
25.000 00

1,952 50
25.000 00

1,065 00
25.000 00

1,515 00
25.000 00

3,325 00
25.000 00

2,743 50

6,815 65

3,035 95

2,242 80

2,233 80

374 34

405 70

153 14

239 90

366 01

26 97

1,000 00
74 83

1,179 17

1,000 00
16 49

T o tals............................................ $1,388,506 28 $1,416,030 21 $1,478,458 72 $1,543,038 60
Liabilities.
Capital stock paid i n .......................
Surplus fu n d s......................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................
Dividends u n p a id ..............................
Commercial deposits subject to
ch eck .................................................
Commercial certificates of d ep o sit. .
Certified ch eck s..................................
Cashier’s checks o u tstanding..........
State monies on d ep o sit...................
Due to banks and b an k ers...............
Savings deposits..................................
Savings certificates of deposit........
Reserved for taxes, interest, etc. ..
Notes and bills rediscounted..........
Bills p a y ab le .................... ...............

$1,469,035 94

$120,000 00
30,000 00

$120,000 00
30,000 00

$120,000 00
30,000 00

$120,000 00
30,000 00

$120,000 00
30,000 00

27,557 05

20,260 00

24,779 23

17,009 50
160 00

21,900 53

210,919 06

274,501 48

298,944 54

293,438 16

227,295 36

943,269 90
56,760 27

933,505 56
37,763 17

973,504 55
31,230 40

1,026,829 45
55,601 49

1,021,992 23
47,847 82

T o tals............................................ $1,388,506 28 $1,416,030 21 $1,478,458 72 $1,543,038 60

$1,469,035 94


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

STATE BANKS OF M ICHIGAN.

5

No. 89.
T H E COMMERCIAL SAVINGS BANK, A DRIAN.
Organized May 10, 1888.
A l a n s o n B e n n e t t , P r e s id e n t ; C h a r l e s G. H a r t , A. H . W o o d , V ic e P r e s id e n t s ;
E . N. S m i t h , C a s h ie r ; P . J. D u n 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 .— A. B ennett, A. H. Wood, A. M. Stephenson, E. C. Sword, E. L. Baker, C. G. H art,

John E. Bird, N. B. Hayes, A. E. Palm er.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d ep artm en t......................
Bonds, m ortgages and securities:
Commercial d e p a rtm e n t...............
Savings d e p a r tm e n t.....................
Prem ium acco u n t...............................
O v e rd ra fts ..........................................
Expenses, interest and taxes paid,
exceeding earnings.........................
Banking h o u se....................................
F u rn itu re 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..................................
United States bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings departm ent ...................
Exchanges for clearing house:
Commercial d ep artm en t...............
Savings d ep artm en t.......................
U. S. and N ational bank currency:
Commercial d e p artm en t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings departm ent ....................
Silver coin:
Commercial d e p a rtm e n t...............
Savings departm ent ...................
Nickels and cents:
,
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Due from [J. S. T re a s u re r...............
Checks and other cash ite m s..........
T o ta ls............................................
Liabilities.
Capital stock paid i n .......................
Surplus fu n d ........................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................
Dividends u n p a id ..............................
Commercial deposits subject to
ch e c k .................................................
Commercial certificates of dep o sit.
Certified ch eck s..................................
Cashier’s checks o u tstan d in g ..........
State monies on d ep o sit....................
Due to banks and b a n k e rs...............
Savings deposits.................................
Savings certificates of deposit, . . . .
Reserved for taxes interest, etc...
Notes and hills rediscounted..........
Bills payable
T o t a l s ..........................................


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

R eport of
R eport of
R eport of
Report of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, '10.

$304,366,10
26,300 00

$298,147 95
26,100 00

$277,383 66
45,795 00

$281,240 14
41,795 00

$282,122 95
43,045 00

257,428 29

255,423 14

256,286 68

278,100 94

279,914 86

2,535 40

277 73

664 67

149 46

1,237 73

12,000 00

12,000 00

12,000 00

12,000 00

12,000 00

3,277 37

15,672 38

4,090 07

10,533 62

14,700 00
50,365 84

14,000 00
39,052 75

26,200 00
53,647 40

14,400 00
57,589 73

667 66

523 40

2,072 19

867 37

8,148 00
13,800 00

10,000 00
12,235 00

10,000 00
19,384 00

14,000 00
16,341 00

13,000 00
14,394 00

2,335 00
3,000 00

2,700 00
632 50

2,000 00
3,730 00

2,200 00
492 50

1,400 00
1,780 00

1,135 60
2 000 00

2,000 00
1,488 00

2,000 00
1,160 75

2,825 55

3,320 80

2,000 00
1,144 50

284 87
2,100 00
1,248 66

398 34
2,500 00
256 50

43Ó 41
2,000 00
1,500 85

482 71
2,000 00
587 46

$760,882 52

$693,648 72

$702,808 13

$739,145 51

$738,676 23

$110,000 00
22,000 00

$110,000 00
22,000 00

$110,000 00
22,000 00

$110,000 00
22,000 00

$110,000 00
22,000 00

8,306 96

2,147 73

5,258 08

1,139 77

6,179 83

56
33
00
50
00

182,674 06
3,191 12

204,854 05
479 50

184,017 33
377 00

2,500 00

1,382 50
10,000 00

10,000 00

376,094 60

362,324 60

377,184 87

389,289 69

406,102 07

$760,882 52

$693,648 72

■1
$702,808 13 $739,145 51

$738,676 23

4,426 85

79,480 70
37,600 00
2,887 13

294 95

228,892 59
13,083 37
5 00
2,500 00

192,297
2,334
41
3
2,500

6

ST A T E B AN KING D EPA R TM EN T.
No. 66.
L EN A W EE COUNTY SAVINGS BANK, ADRIAN.
Organized December 16, 1869.
Corporate existence extended February 1, 1902.

H e r m a n V. C. H a r t , P r e s id e n t ; A m b r o s e B. P a r k , V ic e P r e s id e n t ; C l in t o n
F r e d E. A s h , A s s i s t a n t C a s h ie r .

D. H a r d y ,

C a s h ie r ;

D irectors .— Herm an V. C. H art, W. J. Parker, H. L. Larwill, D. B. Morgan, A. B. Park, C. D. H ardy.
Resources.

R eport of
R eport of
R eport of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, TO. Mar. 29, TO. June 30, TO. Sept. 1, TO.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds mortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid, _
exceeding earnings............ ' ...........
Banking h o u se....................................
F u rn itu re and fix tu res......................

$160,840 43

$165,122 13

$187,857 03

$180,038 40

$189,724 92

562,046 57

569,205 50

569,823 54

580,949 94

595,318 01

37 66

37 66

37 66

347 66

313 61

25,000 00

25,000 00

25,000 00

25,000 00

25,000 00

Other real e s ta te ................................
Due from other banks and bankers,
not reserve citie s............................
Item s in tr a n s it..................................
U nited States bonds:
Savings d e p a rtm e n t................'. ..
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Exchanges for clearing house:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
S. and N ational bank currency:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Suspense accoi nt ■..............................
Checks and other cash ite m s ...........

3,000 00‘

2,845 00

89,664 87

113,778 74

104,530 60

89,852 64

84,043 08

159 90

500 22

47 23

190 50

161 75

30,143 00

33,119 00

30,810 00

36,678 00

33,666 00

4,455 00

6,040 00

5,322 50

4,325 00

2,722 00

U.

T o ta ls........................................
Liabilities.
Capital stock paid i n .........................
Surplus fu n d s......................................
U ndivided profits, less losses, cur­
rent 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. .
Certified ch eck s..................................
Cashier’s checks o u tstan d in g ...........
State monies on d eposit...................
Due to banks and b an k ers...............
Savings dep o sits.................................
Savings certificates of dep o sit........
Reserved for taxes, interest, e tc ..
Notes and bills red isco unted...........
Bills p ay ab le........................................
T o ta ls............................... :. .. .


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

t

3,457 60

2,064 85

2,372 70

1,546 25

2,021 65

162 54
120 00
600 23

323 11
155 00
1,405 12

212 78
84 00
565 49

43 37
84 00
619 64

58 65
84 00
2,257 09

$876,687 80

$916,751 33

$929,663 53

$922,520 40

$935,370 76

$100,000 00
30,000 00

$100,000 00
30,000 00

$100,000 00
30,000 00

$100,000 00
30,000 00

$100,000 00
30,000 00

96

10,561 47

10,695 94

733 31

662 12

2,568 49

1,038 05

2,463 05

67 02
735,475 07

18 00
775,399 25

241 24
786,292 33

631 19
780,155 22

530 75
793,963 47

$876,687 80

$916,751 33

$929,663 53

$922,520 40

$935,370 76

10,412 40

10,671

STATE BANKS OF MICHIGAN.

7

No. 171.
W ALDBY AND CLAY’S STATE BANK, ADRIAN.
Organized June 24, 1894.
F. W. C l a y ,

P r e s id e n t ;

R. S. M o r e l a n d , V ic e P r e s id e n t ; H. B. W a l d b y ,
J. C. M u r p h y , A s s i s t a n t C a s h ie r .

C a s h ie r ;

D i r e c t o r s .— F. W. Clay, H. B. W aldby, R. Clay, J. Y. DeFoe, R. S. Moreland, A. W. Wood,

J. W. Kirk, F. A. Stevenson, J. C. Murphy.

Resources.

.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds, mortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Prem ium account
...................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
B anking h o u se....................................
F u rn itu re and fix tu res.....................

R eport of
Report of
Report of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, TO. Mar. 29, TO. June 30, TO. Sept. 1, TO.

$152,929 70
192,990 87

$131,021 39
213,715 46

$162,336 97
185,600 00

378,403 00

357,803 00

394,403 00

415,653 00

416,753 00

1,387 21

2 14

73 93

30 07

35 51

18,000 00

18,000 00

18,000 00

18,000 00

18,000'00

Other real e s ta te ............. ...............
Due from other banks and bankers,
not reserve c ities............................
Tterns in tran sit ................................
U nited States bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d e p a rtm e n t...............
Savings departm ent ...................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d ep artm en t......................
U. S. and N ational bank currency:
Commercial d e p artm en t...............
Savings d ep artm en t......................
Gold coin:
Commercial d e p artm en t...............
Sa.vings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Checks and other cash ite m s...........
T o ta ls............................................

$142,345 16
237,100 00

$122,244 05
206,116 59

1,097 57

'

195 63

409 59

41,210 85
97,797 66

23,786 69
66,609 44

10,063 01
69,934 61

10,200 75
100,265 84

10,365 38
76,489 89

360 10

495 38

505 07

226 45

445 92

12,712 00
33,500 00

8,110 00
33,500 00

5,261 00
35,000 00

7,053 00
37,500 00

1,785 00

1,320 00

1,812 50

870 00

432 50

2,641 75

2,514 40

2,423 35

2,760 25

2,660 30

156 61

252 51

279 34

163 83

*

146 16

139 57
$916,454 39

8,118 00
39,000 00

8,305 74
$859,411 70

$882,492 66

$941,069 75

$960,393 19
1

Liabilities.
Capital stock paid i n .......................
Surplus funds ....................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
paid
...............................................
Dividends unpaid ............................
Commercial deposits subject to
check ...............................................
Commercial certificates of dep o sit. .
Certified ch eck s............................ . . .
Cashier’s checks outstanding;..........
State monies on d ep o sit...................
Due to banks and b an k ers...............
Sa.vings deposits.................................
Sa.vings certificates of deposit. . . . .
Deserved for taxes, interest, etc. . .
Notes a.nd bills rediscounted..........
Bills p a y a b le .......................................
T o tals............................................


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

$75,000 00
15,000 00

$75,000 00
15,000 00

$75,000 00
15,000 00

$75,000 00
15,000 00

$75,000 00
15,000 00

12,920 32

3,216 59

8,782 85

1,477 78

7,500 44

104,101 03
16,641 81

85,845 98
5,011 32

62,316 18
7,952 04

97,765 08
3,464 07

92,409 81
1,935 33

799 53
691,991 70

1,128 53
674,209 28

1,666 69
711,774 90

1,544 38
746,818 44

527 14
768,020 47

$916,454 39

$859,411 70

$882,492 66

$941,069 75

$960,393 19

STATE BANKING DEPARTMENT.
No. 179.
ALBION STATE BANK, ALBION.
Organized March 29, 1895.
E u g e n e P. R o b e r t s o n , P r e s id e n t ; W. S. K e s s l e r , V ic e P r e s id e n t ; S e t h H y n e y , C ashier-,
T. N. B r o c k w a y , A s s i s t a n t C a s h ie r .
D i r e c t o r s .— Eugene P. Robertson, W. S. Kessler, S. Y. Hill, D . A. Garfield, Wm. H. Rodenbach,

O. A. Leonard, Geo. W. Schneider, Geo. T. Bullen, D. M. McAuliffe.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t.....................
Bonds, mortgages and securities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Prem ium acco u n t...............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
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 S tates bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d ep artm en t.......................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
U. S. and National bank currency:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................

R eport of
Report of
Report of
Report of
R eport of
Nov. 16, ’09. Jan. 31, TO. Mar. 29, TO. June 30, TO. Sept. 1, TO.

$106,981 62
60,848 31

$110,165 38
62,470 71

$92,724 23
66,731 80

$81,566 07
-56,896 26

$103,491 28
55,701 14

31,000 00
101,126 74

27,000 00
94,769 47

23,100 00
108,454 47

23,600 00
116,862 00

23,600 06
125,062 00

2,174 13

1,255 38

803 39

3,258 92

1,412 03

1,846 44

1,846 44

1,846 44

1,846 44

1,846 44

4,060 90

3,896 99

3,755 13

2,735 81

4,808 95

9,562 45
10,739 40

14,458 10
23,230 89

28,676 04
28,934 22

50,250 08
17,795 55

18,838 80
13,347 95

2,679 62

2,334 51
500 00

1,136 00
5.000 00

4,517 00
5.000 00

12,150 00
3.000 00

5,659 00
5.500 00

1,173 00
8,000 00

87 50
7.000 00

1,525 00
7.000 00

1,042 50
8.000 00

50 00
7.500 00

140 00
7.500 00

87 90
1,300 00

2,065 40

2,359 70

2,144 15

414 45
1.500 00

Silver coin:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Nickels and cents:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Checks and other cash ite m s...........

23 90
20 38
2,146 92

77 58

212 55

191 12

80 40

197 50

1,914 02

2,055 44

192 28

T o tals............................................

$347,822 21

$361,810 35

$383,704 49

$377,910 84

$367,608 72

$50,000 00
10,000 00

$50,000 00
10,000 00

$50,000 00
10,000 00

$50,000 00
10,000 00

$50,000 00
10,000 00

6,874 93

4,092 24
48 00

6,148 71
4 00

5,100 27
2,004 00

6,596 44
20 00

69,239 12
22,899 94

71,592 26
22,335 95

82,893 05
30,089 44

75,678 67
21,555 38

71,050 60
22,488 36

188,808 22

203,741 90

204,569 29

213,572 52

207,453 32

$347,822 21

$361,810 35

$383,704 49

$377,910 84

$367,608 72

Liabilities.
Capital stock paid i n .......................
Surplus fu n d ........................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................
D ividends u n p a id ..............................
Commercial deposits subject to
ch eck .................................................
Commercial certificates of deposit.
Certified ch eck s..................................
Cashier’s checks o u tstan d in g ...........
State monies on d ep o sit...................
Due to banks and b a n k e rs...............
Savings deposits.................................
Savings certificates of d ep o sit........
Reserved for taxes, interest, e tc ..
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

STATE BANKS OF MICHIGAN.

9

No. 167.
T H E COMMERCIAL AND SAVINGS BANK, OF ALBION.
Organized Septem ber 30, 1893.
F r a n k E. P a l m e r , P r e s id e n t ; H

C.

C. B l a i r , V ic e
S. L o u d , A s s i s t a n t

om er

P r e s id e n t ;
C a s h ie r .

C. G. B i g e l o w ,

C a s h ie r ;

D i r e c t o r s .— F. E. Palm er, L. J. W olcott, Samuel Dickie, W ashington Gardner, C. G. Bigelow,

E. R. Loud, H. C. Blair, B. D. Brown, W. C. Marsh.

Resources.

Loans and discounts:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Bonds, m ortgages and securities:
Cornmerrial d e p a rtm e n t...............
Savings d ep artm en t.......................
Prem ium a e e o n n t..............................
O v erd rafts.................i .........................
Expenses, interest and taxes paid,
exceeding earnings.........................
"Ranking b o u se....................................
F urniture and fix tu res.....................
O ther real estate ..............................
Due from other banks and bankers,
not reserve citie s...........................
Item s in tr a n s it..................................
U nited S tates bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial departm ent,...............
Savings departm ent ....................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
U. S. and N ational bank currency:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Gold coin:
Commercial d ep artm en t...............
Savings d epartm ent
............. .. .
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Checks a n d other cash ite m s...........
T o ta ls............................................
Liabilities.
Capital stock paid i n .......................
Surplus fu n d ........................................
Undivided probts, less losses, cur­
rent expenses, interest and taxes
paid
...............................................
...................
Dividends unpaid
Commercial deposits subject to
check .................................................
Commercial certificates of deposit.
Certified checks ..............................
Cashier's checks o u tstan d in g ...........
State monies on d ep o sit...................
Due to ha.nks a,nd b a n k e rs...............
Savings d ep o sits.................................
Savings certificates of deposit . .
j^pc-prved for taxes, interest, etc. . .
Notes and hills red iscounted...........
Djlls payable ....................................
T o ta ls...................................... . . .

2


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

R eport of
Report of
R eport of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, TO. Mar. 29, TO. June 30, TO. Sept. 1, TO.

$109,552 77
59,900 00

$101,452 87
69,200 00

$99,280 45
63,400 00

$108,446 69
54,450 00

$112,801 06
52,400 00

90,799 30

5,500 00
91,449 30

3,000 00
103,999 30

3,000 00
115,657 30

8,000 00
128,278 30

975 00
1,501 17

975 00
1,739 02

975 00
293 79

945 00
2,435 54

945 00
357 90

5,400 00
2,150 00

5,400 00
2,150 00

5,400 00
2,150 00

5,400 00
2,150 00

5,400 00
2,150 00

894 00

894 00

894 00

894 00

894 00

12,602 62

14,798 33

18,367 27

5,990 53

403 00

835 52
16,063 85

19,315 54

7,288 64
17,239 94

20,673 91
21,348 70

13,020 83
21,871 27

3,345 07

4,554 49

5,246 44

2,291 78

4,098 59

4,561 00
4.000 00

9,546 00
2,527 00

4,621 00
4,600 00

3,540 00
6,500 00

865 00
10,000 00

180 00
4.000 00

4,415 00

205 00
4,000 00

85 00
4,000 00

4,560 00

2,124 00
31 90

3,029 10

2,188 70
19 00

2,521 05
174 00

449 60
935 00

112 83
02
237 09

73
169 67
216 96

131 67
97
257 19

111 09
34
233 12

156 64
63
236 72

$318,212 85

$336,877 11

$341,656 99

$363,110 76

$368,971 39

.
$35,000 00
11,000 00

$35,000 00
12,000 00

$35,000 00
12,000 00

$35,000 00
13,000 00

$35,000 00
13,000 00

4,163 11

2,254 17

3,812 86

1,390 27
1,400 00

3,127 62

76,683 11
16,571 56

75,116 41
18,302 33

76,920 01
20,664 91

92,788 72
17,401 43

86,694 73
17,663 84

174,795 07

194,204 20

193,259 21

202,130 34

213,485 20

$318,212 85

$336,877 11

$341,656 99

$363,110 76

$368,971 39

STATE BANKING DEPARTMENT.

10

No. 314.
ALLEGAN STATE SAVINGS BANK, ALLEGAN.
Organized May 24, 1905.
H. A. D e L a n o ,

P r e s id e n t ;

W, H. C h a d d o c k :,

V ic e P r e s id e n t ; E a r l

-W. D e L a n o ,

C a s h ie r .

D i r e c t o r s .— H. A. DeLano, W. H. Chaddock, V. E. DeLano, F. A. Chaddock, E arl W. DeLano.

Resources.

Loans and discounts:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Bonds, mortgages and securities:
Commercial d e p a rtm e n t...............
Savings departm ent,.......................
Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
Banking h o u se....................................
F u rn itu re and fix tu res.....................
O ther real estate ..............................
Due from other banks and bankers,
not reserve cities...........................
Item s in tr a n s it..................................
U nited States bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d ep artm en t......................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
U. S. and N ational bank currency:
Commercial d e p a rtm e n t...............
Savings dep artm en t.. ....................
Gold coin:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Silver coin:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Nickels and cents:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Checks and other cash ite m s...........
T o tals............................................
Liabilities.
Capital stock paid i n .......................
Surplus fund..*....................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................
D ividends u n p a id ..............................
Commercial deposits subject to
ch e c k .................................................
Commercial certificates of deposit.
Certified checks. . ..............................
Cashier’s checks o u tstan d in g ..........
S tate monies on d ep o sit...................
Due to banks and b an k ers...............
Savings d ep o sits.................................
Savings certificates of d ep o sit........
Reserved for taxes, interest, etc. . .
Notes and bills red isco unted...........
Bills p ay ab le........................................
T o tals............................................
♦Deceased.


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

R eport of
R eport of
R eport of
R eport of
R eport of
Nov. 16. ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$49,539 53
80,185 27

$43,000 95
93,401 74

$37,150 65
89,183 78

$36,466 68
84,787 70

$39,082 71
81,542 68

60,940 35

68,858 35

79,633 35

80,278 71

86,078 71

1,573 90

1,062 04

1,388 25

431 95

664 74

10,000 00
2,042 50

10,000 00
2,042 50

10,000 00
2,042 50

10,000 00
2,042 50

10,000 00
2,042 50

2,316 96

2,316 96

2,236 96

1,661 99

1,661 99

5,646 24
20,584 79

1,700 00
14,704 56

1,700 00
14,884 02

1,700 00
18,248 75

2,000 00
17,834 32

52 10

513 10

33 25

1,745 26

336 09

998 00
3.000 00

1,871 00
4,500 00

2,548 00
8,850 00

1,656 00
6,000 00

2,849 00
6.050 00

50 00
4.000 00

4,000 00

80 00
4,000 00

4,005 00

70 00
4,000 00

322 80
1,864 00

362 50
1,209 00

489 10
475 00

1,152 95
955 00

142 25
1.050 00

5 70
136 00
251 03

12 64
167 48
2,607 64

38 96
95 53
296 86

9 83
138 79
304 71

20 40
137 98
502 55

$243,509 17

$252,390 46

$255,126 21

$251,585 82

$256,065 92

$30,000 00
1,600 00

$30,000 00
1,800 00

$30,000 00
1,800 00

$30,000 00
1,800 00

$30,000 00
1,800 00

2,190 30

310 50

1,250 48

490 37

1,519 70

32,437 96

29,728 31

27,595 42

27,599 28

33,618 32

5,000 00

2,500 00

2,500 00

36,092 11
141,188 80

39,836 60
150,715 05

41,799 59
147,680 72

48,880 98
140,315 19

50,513 93
136,113 97

$243,509 17

$252,390 46

$255,126 21

$251,585 82

$256,065 92

STATE BANKS OF MICHIGAN.

11

No. 323.
T H E F IR S T STATE BANK OF ALLEGAN, ALLEGAN.
Organized May 15, 1905.
F. H. W i l l i a m s , P r e s id e n t ; M. V. B. M c A l p i n e , B. B. S u t p h i n ,
H. D. P r i t c h a r d , C a s h ie r ; H e r m a n V a u p e l l , A s s i s t a n t

V ic e P r e s id e n t s ;
C a s h ie r .

D i r e c t o r s .— F. H. Williams, Charles R. Wilkes, M. C. Sherwood, W. J. Oliver, M. V. B. McAlpine,

B. B. Sutphin, B ertha P. Wilkes, H. D. P ritchard, W. H. Bills.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d ep artm en t.......................
Bonds, mortgages and securities:
Commercial departm ent
Savings d ep artm en t.......................
Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
Banking h o u se..............................
F urniture and fix tu res.....................

Report of
Report of
R eport of
R eport of | R eport of
Nov. 16, ’09. Jan. 31, TO. Mar. 29, TO. June 30, TO. Sept. 1, TO.

$72,813 04
107,208 12

$132,064 65
101,300 00

$154,806 99
99,430 00

$156,531 71
110,247 81

$163,338 39
107,647 81

176,065 67

183,652 74

179,802 68

183,766 18

186,501 24

499 73

94 54

949 13

373 08

•938 05

6,091 24
3,998 07

•6,091 24
3,998 07

6,091 24
3,998 07

6,091 24
3,998 07

6,091 24
3,998 07

1,302 50

114 94

20 00

160 00

1,316 64
34,391 36

1,165 17
49,505 76

3,168 91
54,258 71

6,182 40
33,931 77

4,115 04
31,934 38

5,819 00
7,000 00

5,781 00
8,009 00

2,923 00
4,000 00

2,762 00
15,000 00

769 00
13.000 00

1,217 50
10,000 00

1,900 00
10,000 00

3,020 00
10,000 00

9,100 00

87 50
10.000 00

4,822 70

4,302 40

4,464 35

573 60
3,700 00

270 80
4.000 00

541 24

507 87

573 08

670 97

155 54

991 39

1,037 69

883 17

177 14
1.000 00
3,383 62

$431,939 85

$510,666 33

$528,638 79

$533,832 00

$537,412 28

$50,000 00
2,500 00

$50,000 00
3,000 00

$50,000 00
3,000 00

$50,000 00
3,000 00

$50,000 00
3,500 00

3,413 44
15 00

2,188 42
15 00

4,999 94

5,223 92

3,585 11
30 00

44,034 06
4,228 00

83,497 41
3,220 00

50,819 81
3,220 00

43,435 50
3,210 00

47,765 00
3,110 00

5,000 00

2,500 00

2,500 00

144,240 95
183,508 40

160,582 30
208,163 20

184,557 67
227,041 37

194,382 45
232,080 13

187,689 37
230,232 80

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 bonds:
Savings d ep artm en t..’. .................
Due from banks in reserve cities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
U. S. and National bank currency:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d ep artm en t......................
Silver coin:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Nickels and cents:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Checks and other cash ite m s...........
T o ta ls............................................
Liabilities.
Capital stock paid i n .....................
Surplus fu n d ........................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................
Dividends u n p a id ..............................
Commercial deposits subject to
check .................................................
Commercial certificates of deposit.
Certified ch eck s...................................
Cashier’s checks o u tstan d in g ...........
State monies on deposit...................
Due to banks and b an k ers...............
Savings deposits.................................
Savings certificates of dep o sit........
Reserved for taxes, interest, etc. . .
Notes and bills rediscounted...........
Bills p ay ab le........................................
T o tals............................................


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

9,000 00
$431,939 85

$510,666 33

$528,638 79

$533,832 00

$537,412 28

12

STATE BANKING DEPARTMENT.
No. 232.
ALMA STATE SAYINGS BANK, ALMA.
Organized May 1, 1901.

W il l ia m A. B a h l k e , P r e s id e n t ; J a m e s W. R o b in s o n , V ic e P r e s id e n t ; G e o r g e W. M o o r e , C a s h ie r ;
R o y L . A n d e r s o n , A s s i s t a n t C a s h ie r .
D i r e c t o r s .— William A. Bahlke, D . L . Sharrar, George C. Parsons, George W. Moore, Jas. W. Robinson,

E dgar A. Bagley, Jam es E. Mitchell.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds mortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
B anking 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 bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Exchanges for clearing house:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
U. S. and National bank currency:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Checks and other cash ite m s...........
T o tals...............................
Liabilities.
Capital stock paid i n .........................
Surplus fu n d s......................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................
Dividends u n p a id ..............................
Commercial deposits subject to
ch eck .................................................
Commercial certificates of d ep o sit. .
Certified ch eck s..................................
Cashier’s checks o u tstan d in g ..........
S tate monies on deposit...................
Due to banks and b an k ers...............
Savings deposits.................................
Savings certificates of deposit.........
Reserved for taxes, interest, etc. .
Notes and bills red iscounted...........
Bills p ay ab le........................................
T o tals............................................


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

R eport of
R eport of
R eport of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, TO. Mar. 29, TO. June 30, TO. Sept. 1, TO.

$84,180 92
6,200 00

$75,441 19'
15,490 00

$72,459 56
22,753 50

$84,220 94
22,720 00

$78,982 90
25,605 33

89,127 84

88,677 84

93,322 84

93,412 84

93,287 84

1,630 74

1,181 78

1,569 02

1,812 36

1,645 07

1,700 00

1,700 00

1,700 00

1,700 00

1,700 00

1,005 60

4,602 46

2,881 01

433 78

566 56

30,229 17
14,408 70

6,700 00
9,196 69

10,000 00
24,958 70

1,335 38
15,339 70

9,000 00
16,919 59

3,372 00
4,000 00

4,561 00
3,500 00

3,108 00
3,000 00

3,810 00
3,549 00

2,432 50

2,537 50

2,652 50

2,945 00

115 00
3.000 00

738 60
70 00

570 50
190 00

1,013 90
100 00

864 85
1,055 00

2.000 00
400 00

97 17
3 90
276 89

47 71
6 42
1,174 35

75 67
24 50
790 63

70 16
1,316 65

60 65
40 35
783 04

$214,888 44 | $242,362 83

$233,334 66

$241,465 33

5,674 00
4,500 00

1242,276 03

•

$25,000 00
19,500 00

$25,000 00
20,000 00

$25,000 00
20,000 00

$25,000 00
20,000 00

$25,000 00
20,000 00

1,222 36

244 97
30 00

863 79
30 00

1,931 25

607 16

66,810 73

44,912 56

49,139 81

42,497 09

42,154 23

28,997 61
87,745 33

29,957 64.
94,743 27

31,715 97
115,613 26

30,181 70
108,724 62

33,446 67
110,257 27

5,000 00

10,000 00

$214,888 44

$242,362 83

$233,334 66

$241,465 33

13,000 00
$242,276 03

STATE BANKS OF MICHIGAN.

13

No. 233,
F IR S T STATE BANK OF ALMA, ALMA.
Organized June 15, 1901.
A m m i W . W r i g h t , P r e s id e n t ; W il l ia m S. T u r c k , V ic e P r e s id e n t ;

* E l y B r e w b a k e r , C a s h ie r .

D i r e c t o r s .— Ammi W. W right, William S. Turck, Gerrit S. W ard, Lester A. Sharp, Francis King,

Ely Brewbaker.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds, m ortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
B anking 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 S tates bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d e p artm en t...............
Savings d ep artm en t......................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
U. S. and National bank currency:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Gold coin:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................

Report of
R eport of
R eport of
R eport of
Report of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$146,516 16
35,250 00

$140,767 98
34,050 00

$136,197 69
36,550 00

$150,800 46
32,936 61

$148,802 23
38,936 61

129,573 48

135,043 48

151,328 48

141,944 65

142,884 65

3,135 45

2,428 39

146 56

1,341 40

4,751 19

7,500 00
500 00

7,500 00
500 00

7,500 00
500 00

7,500 00
500 00

7,500 00
500 00

5,166 44

6 30

2,963 25

100 00

2,566 68

45,792 43
27,527 27

34,549 75
42,643 03

65,430 19
24,351 35

24,199 80
24,007 36

14,915 17
22,180 10

11,151 00

12,423 00

11,335 00

11,113 00

5,313 00
3,000 00

205 00
9,000 00

145 00
9,000 00

240 00
9,000 00

55 00
9,000 00

277 50
9,000.00

1,497 10

1,869 40

1,612 05

1,083 90

1,441 25

Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......... ............
Checks and other cash ite m s...........

40 23

201 22

113 86

146 19

188 89

2,566 75

2,380 28

1,789 98

2,714 12

3,596 90

T o tals............................................

$425,421 41

$423,507 83

$449,058 41

$407,442 49

$405,854 17

$30,000 00
30,000 00

$30,000 00
30,000 00

$30,000 00
30,000 00

$30,000 00
30,000 00

$30,000 00
30,000 00

3,035 84

2,402 19

4,520 39

5,976 70

3,187 63

106,969 61
54,065 11

94,263 60
46,105 53

123,363 01
39,945 18

79,955 17
53,622 00

73,429J29
53,235189

23,209 03
178,141 82

25,584 49'
195,152 02

26,962 48
194,267 35

28,189 11
179,699 51

28,925 52
187,075 84

$425,421 41

$423,507 83

$449,058 41

$407,442 49

$405,854 17

Liabilities.
Capital stock paid i n .......................
Surplus fu n d s......................................
Undivided profits, less losses, cur­
rent 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..
Certified checks..................................
Cashier’s checks o u tstanding..........
State monies on d ep o sit...................
Due to banks and b an k ers...............
Savings deposits.................................
Savings certificates of d ep o sit........
Reserved for taxes, interest, etc. . .
Notes and bills redisco unted..........
Bills p a y a b le .......................................
T o tals............................................
* Deceased


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

STATE BANKING DEPARTMENT.

14

No. 437.
T H E ALMONT SAVINGS BANK, ALMONT.
Organized M ay 5, 1909.
W. W. T a y l o r ,

P r e s id e n t ;

F. P. A n d r u s ,

V ic e P r e s id e n t ; G e o r g e

D. H a r t ,

C a s h ie r .

D i r e c t o r s .— Wm, W. Taylor, Thos. C. Taylor, F. C. Ballard, F. P. Andrus, David Cochrane,

Wm. W. Paton, M. A. Currier, J. E. Leete, A. H. Leete.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d ep artm en t......................
Bonds, mortgages and securities:
Commercial departm ent,...............
Savings d ep artm en t.......................
Prem ium acco u n t................................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
Banking h ouse....................................
F urniture and fixtures ......................

R eport of
R eport of
R eport of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

110,596 64

$9,891 48

$12,115 80

$21,427 83

$20,559 47
12,199 50

22,396 45
7,633 00

12,423 25
36,363 00

12,223 25
48,413 00

12,203 60
57,485 51

12,403 60
65,846 76

398 69

826 79

518 63

234 91

3,263 78
1,047 63

3,350 84
1,180 80

3,384 44
1,714 21

3,409 39
1,698 49

3,495 98
1,763 49

4,272 03
4,159 13

1,820 27
4,171 48

1,221 59
3,136 97

5,928 24
7,488 48

1,424 10
6,487 67

1,752 62

846 12

434 12
1,572 00

1,321 00
2,835 00

275 00
2,575 00

2,995 00
990 00
849 20
87 09

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 bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d ep artm en t.......................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
U. S. and N ational bank currency:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial departm ent,...............
Savings d ep artm en t.......................
Nickels and cents:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Checks and other cash ite m s...........
T o tals............................................
Liabilities.
Capital stock paid i n .......................
Surplus fu n d .................................... . .
Undivided profits, less losses, cur­
rent expenses, interest and taxes
paid
...............................................
Dividends u n p a id ...............................
Commercial deposits subject to
check .................................................
Commercial certificates of dep o sit.
Certified ch eck s..................................
Cashier’s checks o u tstan d in g ...........
State monies on d ep o sit...................
Due to banks and b a n k e rs...............
Savings deposits.................................
Savings certificates of deposit.........
C o llectio n s...........................................
Reserved for taxes, interest, e tc ..
Notes and bills red iscounted...........
Bills p a y a b le .......................................
T o tals............................................


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

2,179 00
627 00

2,629 00
1,000 00

457 50

55 00
500 00

665 00

40 00
835 00

46 25

608 45
100 00

247 95
500 00

252 15
590 00
63 56

4 66
12

46 71

36 76

187 30

27 97

$56,683 19

$74,726 27

$90,422 35

$115,637 00

$131,342 89

$25,000 00

$25,000 00

$25,000 00

$25,000 00

$25,000 00

278 25

78 00

209 45

23 15

299 01

8,760 04
9,988 35

9,050 25
8,603 35

9,176 47
8,247 35

11,770 27
5,765 35

10,772 39
5,460 35

12,542 42

19,599 66
12,395 01

30,901 38
16,887 70

50,010 93
23,067 30

61,968 49
27,842,65

$74,726 27

$90,422 35

$115,637 00

$131,342 89

114 13

$56,683 19

STATE BANKS OF MICHIGAN.

15

No. 169.
T H E A LPEN A COUNTY SAYINGS BANK, ALPENA.
Organized April 12* 1894.
P a t r ic k C u l l i g a n , P r e s i d e n t ; F r a n k C. H o l m e s , V ic e P r e s id e n t ; W . A. P r i n c e , C a s h ie r .
D i r e c t o r s .— P atrick Culligan, F. W. Gilchrist, F rank C. Holmes, Michael O’Brien, S. A. Davison,

D. D. Hanover, Robert Montrose, W. H. Davison, W. A. Prince, Herm an Besser, Fred L. Richardson,
P. H. Hoeft, Donald MacRae, Wm. H. Sanborn, Geo. B. Holmes, Wm. A. Comstockr
Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds m ortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................

R eport of
Report of
R eport of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, TO.

$432,154 59
413,568 12

$391,289 56
514,487 87

$370,999 47
487,461 90

$499,830 26
348,567 04

$496,101 98
319,315 25

637,620 01

599,748 03

576,227 29

598,803 68

634,209 55

1,513 19

789 32

2,927 42

852 82

1,542 44

34,707 24
3,000 00

34,707 24
3,000 00

34,707 24
3,000 00

34,707 24
3,000 00

34,707 24
3,000 00

10,964 32

8,524 11

8,524 11

24,958 68

16,209 58

9,845 72

21,979 04

14,142 83

25,697 25
120,627 87

6,812 03
122,392 04

41,872 31
134,226 88

8,179 82
156,326 70

41,785 34
148,632 40

5,296 68

2,740 00

900 00

1,869 20

9,633 00
45,700 00

3,531 00
41.000 00

1,071 00
40.000 00

14,217 00
45.000 00

12,300 00
45.000 00

5,140 00
20,000 00

270 00
26.000 00

232 00
26.000 00

212 50
25.000 00

102 50
25.000 00

3,267 00
9,300 00

2,833 00
2,682 00

122 00
5,548 00

9,128 00
5,000 00

4,985 00
4,200 00

1,001 56

466 26
21 32
57 22

44
712 00
13 75

1,069 82
11 80

31 34
800 00
154 51

T o tals............................................ $1,799,915 34 $1,780,117 26 $1,746,231 53 $1,772,785 72

$1,787,879 58

Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
B anking h o u se....................................
F u rn itu re 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 S tates bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Exchanges for clearing house:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
U. S. and National bank currency:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Checks and other cash ite m s...........

1,056 21

6 30

Liabilities.
Capital stock paid i n .......................... $100,000 00
Surplus fu n d s......................................
125,000 00
U ndivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................
3,873 02
Dividends u n p a id ...............................
10 00
Commercial deposits subject to
ch eck .................................................
201,945 57
Commercial certificates of dep o sit..
798 46
Certified ch eck s..................................
Cashier’s checks o u tstan d in g ...........
State monies on deposit...................
Due to banks and b a n k e rs...............
35,600 27
Savings deposits................................. 1,065,588 63
Savings certificates of dep o sit........
169,599 39
Reserved for taxes, interest, e tc ..
22,500 00
Notes and bills redisco unted...........
Bills p ay ab le........................................
75,000 00

$100,000 00
125,000 00

$100,000 00
125,000 00

$100,000 00
125,000 00

$100,000 00
125,000 00

6,441 79
365 00

2,308 87
365 00

837 36
5,000 00

8,585 24

223,861 15
89 33

191,083 19
134 93

228,609 69
531 49

208,535 19
301 07

38,070 42
1,070,244 36
141,045 21
75,000 00

. 20,000
62,983
1,053,397
115,958

00
81
55
18

25,000
52,620
1,102,468
132,717

00
99
51
68

00
34
55
19

75,000 00

T o tals............................................ $1,799,915 34 $1,780,117 26 $1,746,231 53 $1,772,785 72


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

25,000
62,137
1,114,348
143,972

$1,787,879 58

STATE BANKING DEPARTMENT.

16

No. 302.
T H E FA R M ER ’S STATE BANK OF ALTO, ALTO.
Organized October 18, 1904.
J o h n Q. W a t t s , P r e s id e n t ; E d s o n O ’H a r r o w , V . C. W a l t o n , V ic e P r e s id e n t s ;
F r a n k E. C a m p a u , C a s h ie r ; C. M . Ca m p a u , A s s i s t a n t C a s h ie r .
D i r e c t o r s .— Edson O’Harrow, J . Q . W atts, V . C. W alton, F. E. Campau, Fred C. Tillyer,

Charles Bancroft.

R eport of
R eport of
R eport of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds, m ortgages and securities:
C o m m errial d e p a r t m e n t .....................
Savings d e p a rtm e n t......................

$35,750 00
38,372 95

$37,694 30
43,137 33

$44,243 32
47,449 15

$34,756 07
43,492 46

$35,673 66
43,375 47

51,172 93

58,480 00

70,960 00

71,210 00

72,420 00

2,500 00
800 00

2,500 00
800 00

P r e m i u m a re .m in t,
...........................
O v e rd ra fts
.........................................................

8 54

Expenses, interest and taxes paid,
e x c e e d in g e a rn in g s

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

B anking h o u se....................................
F urn itu re a,nd fix tu res.....................
O th e r rea l e s ta te

2,500 00
800 00

2,500 00
800 00

2,500 00
800 00

1,227 46

2,432 66

53 50

3,600 00
16,195 85

3,800 00
14,216 31

4,000 00
18,618 91

4,000 00
15,077 92

479 51
13,030 59

1,800 00
630 00

2,000 00
2,155 00

1,300 00
2,421 00

1,300 00
498 00

2,023 00

4,365 00

4,485 00

4,550 00

4,980 00

1,500 00
3,525 00

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

Due from other banks and bankers,
n o t, r e s e r v e e i t i e s .......................................

U nited S tates bonds:
S a .v in g s d e p a r t m e n t

...........

Due from banks in reserve cities:
Commercial d e p a rtm e n t...............
S a v i n g s d e p a r t m e n t .....................
Exchanges for clearing house:
S a .v in g s d e p a r t m e n t ,

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

U. S. and National bank currency:
C o m m e r e i a l d e p a r t m e n t , ...............
Savings d ep artm en t......................
Gold coin:
C o m m e r e i a l d e p a r t m e n t ...............
Savings d e p a rtm e n t......................
Silver coin:
C o m m e r e i a l d e p a r t m e n t , .....................

274 45

453 60

542 70

534 45

938 75

C o m m e re ia l d e p a r t m e n t
...............
Sa.vings d e p a r t m e n t
.....................
C h e e k s a n d o t h e r e a .s h i t e m s .

41 98

54 71

29 59

37 62

5 38
28 55

T o tals............................................

$156,730 62

$172,208 91

$197,476 71

$179,186 52

$176,299 91

$20,000 00
4,800 00

$20,000 00
4,800 00

$20,000 00
4,800 00

$20,000 00
5,000 00

$20,000 00
5,000 00

2,320 23

397 33
168 00

1,183 71
119 00

111 75
112 00

793 12
112 00

21,011 28

30,487 82

24,267 78

23,399 72

19,992 81

3 00

181 00

96 00

Savings d e p a rtm e n t......................
Nickels and cents:

Liabilities.
p a i d i n .......................
Surplus fu n d s......................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
paid
...............................................

C a .p it.a .l s t o e k

D iv id e n d s u n p a id

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

Commercial ‘deposits subject to
ch eck .................................................
C o m m e r e ia l e e rtifie a .te s o f d e p o s i t . .
Certified ch eck s..................................
C a s h i e r ’s e h e e k s o u t s t a n d i n g
....
State m o n i e s o n d e p o s i t ...........................
D n e t o h a n k s a n d h a n k e r s .....................

64,027 73
44,571 38

69,747 09
46,608 67

71,105 64
75,997 58

76,867 90
53,514 15

75,890 86
54,415 12

T o ta ls............................................ 1 $156,730 62

$172,208 91

$197,476 71

$179,186 52

$176,299 91

Savings deposits................................. 1
Savings certificates of deposit........
D e s e r v e d f o r ta .x e s i n t e r e s t , e t c . . .
T\fnt,es a n d

h i l l s r e d i s e o n n t e d ...............

Pills payable

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


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

1

STATE BANKS OF MICHIGAN.

17

No. 48.
ANN ARBOR SAVINGS BANK, ANN ARBOR.
Organized February 4, 1869.
Reorganized December 9, 1889.
C h a r l e s E. H is c o c k , P r e s id e n t ; W. D. H a r r im a n , V ic e P r e s id e n t ; M i c h a e l J. F r i t z , C a s h ie r ;
C a r l F. B r a u n , W il l ia m L. W a l z , A s s i s t a n t C a s h ie r s .
D i r R c t o r s .— Charles E. Hiscock, David Rinsey, Wm. D. H arrim an, W alter C. Mack, M. J. Fritz.

Resources.

Loans and discounts:
fk)mmercia,l d ep artm en t...............
Savings d ep artm en t......................
Bonds, m ortgages and securities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
prem ium aem n n t
.......................
Overdrafts ........................................
Expenses, interest and taxes paid,
0 yppprljng- earnings.........................
Banking h o u se....................................
F u rn itu re and fix tu res......................
Other real e s ta te ................................
Due from other banks and bankers,
not reserve cities............................
Item s in tran sit,..................................
U nited States bonds:
Savings department, .................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d e p a r tm e n t.....................
Exchanges for clearing house:
Commercial depa.rtment,...............
Savings department, ...................
U. S. and National bank currency:
reial depa.rtment,...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial depa.rtm ent...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial departm ent,...............
Savings d epa.rtm ent,.....................
Nickels and cents:
Commercial depa.rtment................
department,
.................
Checks and ether cash ite m s...........

Report of
Report of
Report of
Report of
R eport of
Nov, 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$755,415 08

$728,372 78

$674,186 22
70,000 00

$682,892 74
75,000 00

$705,615'79
70,000 00

1,599,098 91

1,660,808 49

1,660,028 53

1,694,099 26

1,708,876 78

1,845 33

4,645 21

3,641 50

2,743 57

30,000 00
5,900 00

30,000 00
5,900 00

30,000 00
5,900 00

30,000 00
5,900 00

30,000 00
5,900 00

11,597 84

11,597 84

11,597 84

23,777 11

23,992 67

25,377 18

25,560 15

21,426 05

24,258 94

16,713 52

1 2 ,0 0 0 00

1 2 ,0 0 0 00

1 2 ,0 0 0 00

1 2 ,0 0 0 00

1 2 ,0 0 0 00

126,310 02
171,782 85

47,648 23
142,990 95

30,537 62
147,901 96

41,923 18
44,047 53

19,840 87
80,038 42

3,380 14

7,893 59

3,788 21

11,855 78

2,528 04

27.000 00
107,250 00
2 0 .0 0 0 00

18,000
111,660

00
00

1 0 ,0 0 0 00

17,121 00

06

1 0 ,0 0 0 00
00

1 0 ,0 0 0 00

88,660

1 1 2 ,0 0 0 00

121,461 00

10,105 00
55.000 00

55,135 00

5,000 00
60,240 00

1 0 ,0 0 0 00

50,282 00

55,052 50

1 2 ,0 0 0 00
1 0 ,0 0 0 00

20,712 50
9,287 50

2 0 .0 0 0 00

9,000 00

6,596 00
23,404 00

3,902 50
24,100 00

1,582 05
259 71
2,668 54

1,858 99

1,732 60

1,131 08

1,263 22

1,497 10

745 13

243 62

633 60

66

$2,876,468 81

$2,877,416 47

T o tals............................................ $2,973,749 65' $2,905,485 83 $2,896,711
Liabilities.
Capital stock pa,id i n .......................
Surplus fund ....................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
paid
...............................................
D ividends linpa.id
...................
Commercial deposits subject to
check .............................................

8 ,1 1 1

$50,000 00
250,000 00

$50,000 00
250,000 00

$50j 000 00
250,000 00

$300,000 00
50,000 00

38,942 16
397 00

45,151 45

54,156 99

202 00

202 00

8,837 69
362 00

$300,000 00
50,000 00
6*1
i®«
17,842 98
237 00

624,030 52

508,699 01

785 00
Certified ch eck s..................................
3,501 20
Cashier’s checks o u tstan d in g ...........
Sloto rrmniPQ r»n derwisit, . .
52,751 76
Due to banks and ha.nkers...............
Savings deposits
............................ 1,806,318 46
147,023 55
Savings certificates of dep o sit........
Reserved for taxes interest, etc. .
Notes and bills rediscounted...........

720 00

66

396,499 49

389,798 50

1 20

700 00
139 02

1,014 10
191 20

3,414 12
1,305 20

58,912 73
1,837,667 73
154,131 71

78,834 50
1,900,360 73
165,569 76

94,417 54
1,896,573 17
128,573 62

70,903 47
1,908,661 41
135,253 79

396,748

........................................ $2,973,749 65 $2,905,485 83 $2,896,711

Totals

3


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

66

$2,876,468 81

i

$2,877,416 47

STATE BANKING DEPARTMENT.

18

No. 26.
FA RM ER S’ AND MECHANICS’ BANK, ANN ARBOR.
Organized October 13, 1882.
R . K e m p f , P r e s id e n t ; H. G. P r e t t y m a n , V ic e P r e s id e n t ; H. A. W i l l ia m s , C a s h ie r ;
' F. T. S t o w 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 .— It. Kempf, W. F. Breakey, D. F. Schairer, J. E. Beal, O. M. Martin, H. G. P rettym an,

R. A. Jenney, G. S. Vandawarker.

Report of
Report of
R eport of
R eport of
Report of
Nov. 16, ’09. Jan. 31, TO. Mar. 29, TO. June 30, TO. Sept. 1, TO.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds m ortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Prem ium a c c o u n t..............................
O v e rd ra fts ..........................................
Expenses, interest and taxes paid,
ex eeeding earnings.........................
Banking ho 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. : ..............................
United States bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Exchanges for clearing house:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
U. S. and National bank currency:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Checks and other cash ite m s...........
T o ta ls............................................
Liabilities.
Capital stock paid i n .........................
Surplus fu n d s......................................
Undivided profits, less losses, 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..
Certified ch eck s..................................
Cashier’s checks o u tstan d in g ..........
State monies on deposit...................
Due t,o banks and b an k ers...............
Savings deposits.................................
Savings certificates of dep o sit........
Reserved for taxes, interest, etc. .
Notes and bills rediscounted..........
Bills p ay ab le........................................
T o tals............................................


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

$186,330 05
110,221 52

$192,993 25
118,308 39

$204,186 75
141,507 61

$179,040 77
142,149 67

$173,422 94
120,916 39

98,114 68
399,773 73

115,114 68
374,670 71

136,734 28
366,106 71

144,234 28
405,977 18

117,298 72
430,335 42

2,424 26
23,289 19

2,339 26
718 03

2,416 65
1,587 05

2,316 65
1,006 40

2,234 65
1,057 81

25,000 00
4,500 00

25,000 00
4,500 00

25,000 00
4,500 00

25,000 00
4,500 00

25,000 00
4,500 00

1,400 00

1,400 00

1,400 00

1,400 00

800 00

77 50

1,830 73

521 75

3,027 65

5,313 01

10,000 00

10,000 00

10,000 00

10,000 00

10,000 00

5,585 88
34,955 84

95,576 94
46,024 50

74,400 37
56,381 30

52,414 75
54,271 65

26,839 61
41,672 03

6,185 80

5,584 68
1,093 73

1,194 66
1,367 28

2,468 47

487 04
1,361 92

14,009 00
20,673 00

5,488 00
29,900 00

10,412 00
29,923 00

11,290 00
28,866 00

14,600 00
20,601 00

5,795 00
15,170 00

8,285 00
15,095 00

6,442 50
15,172 50

8,365 00
15,170 00

5,507 50
15,220 00

3,560 40
177 05

2,437 35
97 60

2,796 70
182 00

4,121 05
90 15

6,154 10
70 00

1,019 14
13 77
239 57

263 10
37 76
888 57

354 37
38 59
896 29

334 42
30 61
2,699 00

307 78
23 63
772 50

$968,515 38 $1,057,647 28 $1,093,522 36 $1,098,773 70

$1,024,496 05

$50,000 00
50,000 00

$50,000 00
50,000 00

$50,000 00
50,000 00

$50,000 00
50,000 00

$50,000 00
50,000 00

47,063 62

46,587 32
85 00

48,528 74

51,269 41
2,475 00

52,577 23

224,372 96
4,398 39

281,124 63
1,708 39

42
39
00
34

200,510 40
656 32

203,213 99
115 00

82 34

214 37

46 519 45
531,209 49
89,509 53

26 858 79
557,487 33
99,434 11

28 023 32
546!001 60
94,350 54

$1,057,647 28 $1,093,522 36 $1,098,773 70

$1,024,496 05

265 00

418 30

513,740 50
78,674 91

31 076 95
512,874 52
83,772 17

$968,515 38

276,254
1,343
75
82

STATE BANKS OF M ICHIGAN.

19

No. 333.
T H E GERMAN-AMERICAN SAVINGS BANK, ANN ARBOR,
Organized June 28, 1905.
C l e m e n t W. G i l l , P r e s id e n t ; G e o . J. M a n n , V ic e P r e s id e n t ; E d w a r d L. S e y l e r , C a s h ie r .
D i r e c t o r s .— Clement W. Gill, Geo. J. Mann, John M. Feiner, George W alker, John Lindenschm itt,

Fred Jedele, Chas. W. W agner, E dw ard L. Seyler.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds, mortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
B anking h o u se....................................
F u rn itu re and fix tu res......................
Other 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 bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d e p a rtm e n t...............
Savings departm ent ...................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
U. S. and National bank currency:
Commercial d e p artm en t............. .
Savings d ep artm en t.......................
Gold coin:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Checks and other cash ite m s...........
T o tals............................................
Liabilities.
Capita,! sto rk paid i n .......................
Surplus fu n d s.'....................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id .................................. .................
Dividends unpaid ............................
Commercial deposits 'su b ject to
check ...............................................
Commercial certificates of d ep o sit..
Certified ch eck s..................................
Cashier’s checks o u tstanding..........
State monies on d e p o sit...................
Due to banks and b an k ers...............
Savings d eposits.................................
Savings certificates of d ep o sit........
Reserved for taxes, interest, e t c . . .
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

R eport of
R eport of
R eport of
R eport of
Report of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$154,369 87

$158,892 42

$134,950 78
15,690 40

$140,469 51
32,416 56

$123,516 17
61,645 79

166,658 82

172,031 05

177,336 05

149,653 54

147,553 54

1,242 50

2,397 58

515 42

1,509 68

1,117 76

5,000 00
7,288 25

5,000 00
7,288 25

5,000 00
7,288 25

5,000 00
7,288 25

5,000 00
7,288 25
/

484 36

5,677 70
1,303 71

3,052 99

1,885 09

1,810 55

3,768 29
32,224 84

24,537 82
38,247 15

12,402 07
29,381 11

10,774 82
45,095 71

1,282 92
13,901 79

2,138 03

5,153 27

5,201 51

3,132 25

2,935 53
2,500 00

9,133 00
10,468 00

9,653 00
9,000 00

9,067 00
11,700 00

1,412 00
8,950 00

3,300 00
3,757 00

531 61

220 00

3,782 50

280 00
3,000 00

5,522 50

1,529 85

571 52
67 28

1,407 45

2,100 85

91 45
1,170 10

68 94

57 90

78 18
5 67

113 80
6 10

50 94
30 10

$394,906 36

$440,098 65

$416,859 38

$413,088 16

$382,474 39

$50,000 00
1,500 00

$50,000 00
3,000 00

$50,000 00
3,000 00

$50,000 00
5,000 00

$50,000 00
5.000 00

2,607 93
3 00

1,112 88
63 00

1,404 27
12 00

1,670 57
12 00

1,644 27
12 00

110,534 19
20,584 02

142,316
22,131
30
100

12
09
08
00

105,776 85
22,553 03

96,508 71
20,074 97
700 00

209,677 22

221,345 48

234,113 23

239,121 91

236,080 82

$394,906 36

$440,098 65

$416,859 38

$413,088 16

$382,474 39

70,716
17,997
23
1.000

28
28
74
00

STATE BANKING DEPARTMENT.

20

No. 144.
STATE SAVINGS BANK OF ANN ARBOR, ANN ARBOR.
Organized November 18, 1892.
W. J. B o o t h ,

P r e s id e n t ;

W m . Ar n o l d ,

V ic e P r e s id e n t ;

C. J. W a l z ,

C a s h ie r ;

D i r e c t o r s .— William J. Booth, John V. Sheehan, Wm. Arnold, Jam es H. Wade, John Koch, Christian

Martin, H. S. Carhart, V. C. Vaughan, E. F. Mills, D an F. Zimmerman, H. W. Douglass, A. R.
Peterson, A rthur Brown, W. W. W adham s.
Resources.

Loans and discounts:
Commercial rip,part,merit...............
Savings d ep artm en t......................
Bonds, m ortgages and securities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Premium a e e o n n t.............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
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 o ities............................
Ttems in tr a n s it..................................
U nited S tates bonds:
Savings d e p a rtm e n t......................

R eport of
R eport of
R eport of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$243,649 94
86,005 40

$208,764 39
77,380 51

$312,890 58
86,717 00

$308,610 64
67,622 00

$296,343 37
73,532 00

48,800 00
617,495 96

38,800 00
620,318 46

32,250 00
649,583 46

32,250 00
656,410 26

27,250 00
624,335 51

429 96

430 53

226 70

1,360 27

1,044 19

25,000 00
7,000 00

25,000 ÓÒ
7,000 00

25,000 00
7,000 00

25,000 000
7,000 00

25,000 00
7,000 00

2,154 25

2,862 83

6,067 77

5,586 43

2,087 34

10,000 00

10,000 00

10,000 00

10,000 00

10,000 00

30,283 59
70,165 96

29,107 99
140,764 70

22,801 45
77,866 16

29,175 84
106,282 25

22,747 17
62,304 83

1,918 55

6,867 77

1,008 04

2,687 48

1,262 07

12,893 00
20,000 00

9,408 00
20,000 00

17,903 00
19,000 00

9,478 00
19,000 00

13,539 00
20,000 00

27,285 00

25,665 80

29,098 00

31,015 80

31,790 00

3,188 90

2,209 60

2,863 20

3,232 95

2,902 80

300 27

348 66

365 20

139 57

168 00

174 12

182 21

55 15

78 89

98 45

T o tals............................................ $1,206,744 90 $1,225,111 45 $1,300,695 71 $1,314,929 88

$1,221,399 73

Due from banks in reserve cities:
Oommereial d ep artm en t...............
Savings departm ent ...................
Exchanges for clearing house:.
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
U. S. and N ational bank currency:
Oommereial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Gold coin: ’
Oommereial d ep artm en t...............
Savings d e p a rtm e n t. . . : .............
Silver coin:
Oommereial d e p a rtm e n t...............
Savings d ep artm en t.......................
Nickels and cents:
Oommereial d e p a rtm e n t...............
Savings d ep artm en t.......................
Ohee.ks a.nd other cash ite m s...........

Liabilities.
Capital stock paid i n .......................
Surplus fu n d ........................... ............
Undivided profits, less losses, cur­
rent expenses, interest and taxes
paid
...............................................
Dividends u n p a id ..............................
Commercial deposits subject to
check ..............................................
Commercial certificates of deposit.
Certified checks ................................
Cashier’s cheeks o u tstan d in g ...........
S tate monies on d ep o sit...................
Due to banks a.nd b a n k e rs...............
Savings deposits.................................
Savings certificates of dep o sit........
Reserved for taxes, interest, e tc ..
Notes a.nd bills rediscounted...........
Rills p a y a b le .......................................

$50,000 00
50,000 00

$50,000 00
50,000 00

$50,000 00
50,000 00

$50,000 00
50,000 00

$50,000 00
50,000 00

19,946 52
50 00

23,411 71

23,164 73
2,500 00

25,502 60
83 33

221,887 49

221,698 69

261,542 32

273,162 74

194,335 94

5,000
6,285
751,679
99,816

10,000
11,340
769,201
92,874

20,000
21,151
784,585
90,004

20,000 00
5,54460
808,013 12
82,544 69

20,000
3,162
799,166
79,148

22,076 89 •

00
07
35
10

00
34
48
42

00
18
85
65

T o tals............................................ $1,206,744 90 $1,225,111 45 $1,300,695 71 $1,314,920 88


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

00
93
34
59

$1,221,399 73

STATE BANKS O F M ICHIGAN.

21

N o . 228.

ARMADA SAYINGS BANK, ARMADA.
O rg a n iz e d F e b r u a r y 13, 1901.

1
1
I
I

B ert

C.

P r e s t o n , P r e s id e n t ; G e o r g e H. H e b b l e w h i t e , V ic e P r e s id e n t ; J. E . M a c a u l a y , C a s h ie r ;
C h a r l e s F. L a t h r o p , A s s i s t a n t C a s h ie r .

D i r e c t o r s .— B ert C. Preston, George H. Hebblewhite, John L. Preston, F rank E . Lathrop,

Jam es H. McDonald.

R eport of
R eport of
R eport of
R eport of
R eport of
Nov. 16, '09. Jan. 31, TO. Mar. 29, TO. June 30, TO. Sept. 1, TO.

Resources.

I

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t.......................
Bonds, mortgages and securities:
Comm^r^ifil rippa.rtmp.nt, ...........
Savings d e p a rtm e n t......................

$21,515 58
114,946 89

$21,300 00
107,369 44

$31,300 00
96,828 21

$36,500 00
110,733 65

$47,000 00
110,618 23

130,125 00

144,175 00

147,125 00

12,000 00
138,575 00

12,000 00
139,725 00

Expenses, interest and taxes paid,

1

Banking h o u se....................................
F u rn itu re and fix tu re s.....................

4 44

107 70

49 00

1

3,700 00
2,000 00

3,700 00
2,000 00

2,700 00
2,000 00

3,700 00
2,000 00

3,700 00
2,000 00

5,690 74

6,800 22

4,044 85

1,833 10

2,308 06

2,000 00
27,306 76

4,000 00
34,763 12

2,000 00
41,829.00

4,500 00
32,018 34

5,160 00
31,498 95

Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Gold coin:

1,700 00
11,544 00

4,200 00
12,000 00

3,000 00
13,000 00

4,500 00
13,733 00

5,000 00
9,990 00

Savings d e p a rtm e n t......................

1,585 00

1,960 00

660 00

1,055 00

i ,466 oo

1,089 35

68 00
419 00

340 00

1,235 30

809 10

19 95
32 66

13
78

35 11

230 55

244 40
74 32

$342,755 69 | $345,969 87 | $362,613 94

$371,532 50

Due from other banks and bankers,
Item s in tr a n s it...................................
U nited States bonds:
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Exchanges for clearing house:

U. S. and National bank currency:

Silver coin:
Savings d e p a rtm e n t......................
Nickels and cents:
Savings d e p a rtm e n t......................
anr| nthpr cash it,pms.........
T o ta ls............................................
Liabilities.
Capital stock paid i n ..........................
Surplus fu n d s......................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................

$323,304 93
$25,000 00
5,000 00

$25,000 00
5,000 00

$25,000 00
5,000 00

$25,000 00
5.000 00

$25,000 00
5,000 00

|

5,653 75

3,627 00

3,263 48

4,090 95
1.000 00

5,597 85

1

Commercial deposits subject to
c h e c k .................................................
Commercial certificates of dep o sit. .

22,182 14

28,322 94
38,385 71

32,962 01
30,609 49

34,373 23
30,384 15

31,921 92
34,562 68

1
1

Cashier’s checks o u tstan d in g ...........

1,103 93

3,533 27

235 57

6,520 70

I

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

226,639 58
37,725 53

238,886 77

248,899 32

262,765 61

262,929 35

1

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

$323,304 93

$342,755 69

$345,969 87

$362,613 94

$371,532 50

1


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

^

I

STATE BANKING DEPARTMENT.

22

No. 213.
ATHENS STATE AND SAVINGS BANK, ATHENS.
Organized April 15, 1899.
G e o r g e W . B r o k a w , P r e s id e n t ; A a r o n H . H a r r i s o n , V ic e P r e s id e n t ; E. E. O v e r h o l t , C a s h ie r ;
W . B . F u n k , A s s i s t a n t C a s h ie r .
D i r e c t o r s .— Geo. W. Brokaw, S. W. Holmes, A. H. Harrison, R obert H. Lewis, Fred A. Bower,

Chas. A. Standiford, F. E. Bowman.

Resources.

Loans and discounts:
Commercial d ep artm en t...........
Savings d e p a rtm e n t..................
Bonds, m ortgages and securities:
Commercial d ep artm en t...........
Savings d e p a rtm e n t..................
Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid
exceeding earn in g s.........................
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 citie s...........................
Item s in tr a n s it...................................
U nited S tates bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d e p a rtm e n t.............
Savings d ep artm en t....................
Exchanges for clearing house:
Commercial d e p a rtm e n t.............
Savings d ep artm en t....................
U. S. and National bank currency
Commercial d e p a rtm e n t...............
Savings d ep artm en t......................
Gold coin:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t....................
R etained by F. Wolf, R e c e iv e r.. .
Checks and' other cash ite m s........
Totals.
Liabilities.
Capital stock paid i n .......................
Surplus fu n d s......................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................
Dividends u n p a id ..............................
Commercial deposits subject to
ch eck .............................................
Commercial certificates of d ep o sit. .
Certified ch eck s..................................
Cashier’s checks outstanding..........
State monies on d ep o sit...................
Due to banks and b a n k e rs...............
Savings deposits.........................
Savings certificates of dep o sit........
Reserved for taxes, interest, etc. . .
Notes and bills rediscounted...........
Bills p a y a b le .......................................
Totals.


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

R eport of
R eport of
Report of
Report of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

12

$19,540 30

$22,314 36

1,485 74

$23,626 99

15,807 90
15,480 44

15,807 90
15,255 44

5,309 89
28,128 45

5,446 89
27,603 45

5,446 89
26,603 45

29 46

6 80

5,000 00
1,975 00

5,000 00
1,975 00

$ 22,220

5,000 00
1,975 00

14 81
5,000 00
1,975 00

42 83

300 00

546 95

5,000 00
1,975 00

12,154 52
3,000 00

11,647 51
3,000 00

5,964 01
3,000 00

10,556 94
4,000 00

7,719 01
4,000 00

3,863 00
550 00

3,256 00

4,024 00

3,275 00

100 00

100 00

1,000 00

2,748 00
800 00

950 00

900 00

970 00

1,000 00

1,160 00

1,038 10

840 95

161 05
50 00

776 05

917 45
40 00

95 00

131 60

172 27

103 70

53 25

55 78

3,000 00
8 25

3,000 00
67 82

1,925 0Ò
186 55

1,925 00
66 39

1,925 00
20 50

5,725

3,592 65

$79,528 30

$81,258 71

1,095 71

$15,000 00
5,000 00

$15,000 00
5,000 00

$15,000 00
5,000 00

$15,000 00
5,000 00

$15,000 00
5,000 00

533 96

653 43

762 61

756 04

670 69

9,658 74
36,617 04

7,266 85
33,708 93

8,742 30
27,562 00

9,953 74
16,209 13

12,711 56
13,393 04
50 00

18,916 14

18,963 44

16,619 74
5,841 65

20,015 81
14,323 99

18,950 64
16,319 78

$85,725 88

$80,592 65

$79,528 30

L,258 71

3,095 71

9 49

STATE BANKS OF MICHIGAN.

23

No. 414.
THE FARMER’S STATE BANK OF ATHENS, ATHENS.
Organized November 28, 1908.
F r a n k G. W o o d r u f f , P r e s id e n t ; S im o n B. H a r t m a n , A. T. S l a g h t , V ic e P r e s id e n t s ;
F r a n k E. E s t e s , C a s h ie r ; D a v id L. M i l l e r , A u d ito r .
D i r e c t o r s .— L. T. Morris, E. D. Albertson, A. L. Wood, F rank Wolf, H. R. Pearce, F rank G. Wood­

ruff, D. W. Cook, S. B. H artm an, John Stanton, A. T. Slaght, F. E. Estes, S. W. Lehr.
Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d ep artm en t......................
Bonds, m ortgages and securities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Prem ium acco u n t...............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
Banking h o u se....................................
F u rn itu re and fix tu res.....................

Report of
Report of
Report of
Report of
Report of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$57,245 59
7,500 00

$64,824 00

$54,370 98
9,400 00

$55,114 12
10,400 00

3,000 00
18,010 00

7,000 00
19,360 00

7,000 00
25,310 00

7,000 00
27,210 00

1,316 00

1,331 00

1,331 00

1,331 00

575 85

531 97

7,604'92
3,000 00

8,604 19
3,000 00

9,475 00
5,300 00

6,101 92
4,500 00

5,278 06
4,400 00

2,104 00
2,000 00

884 00
2,000 00

3,027 00
530 00

3,780 00
1,000 00

4,849 00
1,000 00

530 00

535 00

770 00

845 00

940 00

301 50

654 75
155 00

253 52
600 00
27 35

$48,541 94
10,500 00
3,000 00
7,440 00 '

1,316 00

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 bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve citiesCommercial d ep artm en t...............
Savings d ep artm en t.......................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
U. S. and N ational bank currency:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Nickels and cents:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Checks and other cash ite m s...........
T o ta ls............................................
Liabilities.
Capital stock paid i n .................
Surplus fu n d ........................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
paid
...............................................
Dividends u n p a id ..............................
Commercial deposits subject to
check ..................................................
Commercial certificates of dep o sit.
Certified ch eck s................... ..............
Cashier’s checks o u tstan d in g ...........
State monies on d ep o sit........ : . . . .
Due to banks and b an k ers...............
Savings deposits.................................
Savings certificates of deposit........
Reserved for taxes, interest, e tc ..
Notes and bills red iscounted...........
Bills p a y a b le .......................................
T o tals............................................


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

393 80

722 75

70 26

52 38

53 73

43 67

23 85

203 23

225 81

13 08

48 98

$86,524 77

$103,648 99

$112,730 01

$114,505 40

$118,452 03

$30,000 00

$30,000 00
1,200 00

$30,000 00
1,200 00

$30,000 00
1,200 00

$30,000 00
1,200 00

584 27

50 38

295 54

910 59

1,077 84

26,477 74
5,118 97

28,098 82
21,567 26

40,042 10
15,318 35

27,542 24
13,651 52

26,897 17
14,572 57

4,742 51
19,601 28

7,376 46
15,356 07

7,603 78
18,270 24

12,624 55
28,576 60

14,884 66
29,819 79

$86,524 77

$103,048 99

$112,730 01

$114,505 40

$118,452 03

24

STATE BANKING DEPARTMENT.
No. 418.
THE PEOPLE’S STATE SAVINGS BANK, AUBURN.
Organized January 6, 1909.
C u r t i s W. M c P h a i l , P r e s id e n t ; C l a r e n c e H . M a c o m b e r , W m . J. B i e r d , V ic e P r e s id e n t s ;
E. M. H o l l i s t e r , C a s h ie r .
D i r e c t o r s .— C. W. McPhail, C. H. Macomber, E. M. Hollister, Wm. J. Bierd, Jos. Bierd.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds, mortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
Banking h o u se ....................................
F u rn itu re and fix tu res.....................

R eport of
R eport of
R eport of
Report of
Report of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30,, ’10. Sept. 1, '10.

$18,447 80

$23,618 90

$22,220 26

$22,830 84

$28,737 84

8,421 12
32,774 88

1,000 00
48,004 98

3,075 00
53,060 81

1,100 00
60,870 25

1,800 00
59,664 06

19 75

37 30

5 70

91 45

2,200 00
1,642 81

2,200 00
1,649 21

2,200 00
1,900 00

2,200 00
1,900 00

2,200 00
1,900 00

944 95
4,000 00

5,180 40
6,000 00

6,819 05
6,000 00

9,994 01
7,000 00

2,309 20
7,500 00

500 00
3,253 00

1,415 00
2,000 00

1,214 00
2,700 00

1,208 00
2,400 00

1,340 00
3.000 00

620 00

40 00
700 00

990 00

35 00
1,000 00

55 00
1.000 00

108 50
167 10

268 65
37 00

282 00
110 30

66 85
82 00

162 15
32 00

2 66

17 02
27
13 77

2 23

34 47

742 88

1 92
55
65 90

49 28
16
45 00

$73,137 04

$92,182 50

$101,322 23

$110,846 77

$109,794 69

$20,000 00
100 00

$20,000 00
200 00

$20,000 00
200 00

$20,000 00
200 00

$20,000 00
400 00

735 91
3 00

281 68
6 50

1,215 49

1,435 20

601 00

11,433 15

14,252 07
700 00

13,114 25
750 00

14,658 77
700 00

14,666 27
431 20

2,500 00

2,500 00

2,500 00

40,814 98

56,742 25

63,542 49

71,352 80

71,196 22

$73,137 04

$92,182 50

$101,322 23

$110,846 77

$109,794 69

Other 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 bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Exchanges for clearing house:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
U. S. and N ational bank currency:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Checks and other cash ite m s...........
T o tals............................................
Liabilities.
Capital stock paid i n .........................
Surplus fu n d s......................................
U ndivided profits, less losses, cur­
rent 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..
Certified ch eck s..................................
Cashier’s checks o u tstan d in g ...........
State monies on deposit...................
Due to banks and b a n k e rs...............
Savings deposits.................................
Savings certificates of dep o sit. . . . .
Reserved for taxes, interest, etc. .
Notes and bills redisco unted...........
Bills p ay ab le........................................
T o ta ls............................................


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

50 00

25

STATE BANKS OF MICHIGAN.
No. 420.
THE STATE BANK OF AUGUSTA, AUGUSTA.
Organized February 8, 1909
C ha ht .e s C. W

o o d , P r e s id e n t ; A l b e r t U . K i n g , V ic e P r e s id e n t ;
L y n n T. H u l e t t , A s s i s t a n t C a s h ie r .

C l a u d M. F a u d e , C a s h ie r .

D i r e c t o r s .— Charles C. Wood, Albert U. King, Claud M. Faude, Joseph Hudson, Hal H. Smith,

Edwin A. Wildey, Charles B. Scudder.

Resources.

Loans and discounts:
Commercial d epartm ent. . . . . . . .
Savings d e p a rtm e n t......................
Bonds, m ortgages and securities:
Commercial departm ent
Savings department.
...............
O verdrafts ........................................
Expenses, interest and taxes paid,
PanJiing h o u se....................................
F urniture and fix tu res......................

R eport of
R eport of
R eport of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, '10. Mar. 29, ’10. June 30, ’10. Sept. 1, '10.

$36,936 56
5,091 97

$55,709 46
3,609 47

$55,389 86
3,458 00

$58,285 54
5,185 00

$57,520 18
5,185 00

200 00
2,675 00

6,955 00

9,480 00

8,530 00

9,230 00

1,567 34

1,326 25

572 11

430 47

358 94

361 50
2,500 00
1,712 28

2,500 00
1,712 28

153 55
2,500 00
1,712 28

2,500 Ó0
1,712 28

2,500 00
1,712 28

2,526 96
500 00

3,956 63
1,162 50

4,590 03
834 91

2,477 07
834 91

1,764 50
1,088 91

39 00
1,000 00

93 00
2,000 00

378 00
1,060 00

1,318 00
1,550 00

1,415 00
1,000 00

55 00

215 00

170 00

770 00

215 00
500 00

473 15

848 75

303 70
840 00

1,064 40

1,962 10

Due from other banks and bankers,
U nited S tates bonds:
Due from banks in reserve cities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Exchanges for clearing house:
U. S. and N ational bank currency:
Commereial depart,m ent...............
Savings d ep artm en t.......................
Gold coin:
Onmmereial d e p a rtm e n t...............
Savings departm ent
Silver coin:
Commercial d ep artm en t...............
Savine-s departm ent
Nickels and cents:
Commercial d ep artm en t...............
Savings department,
Checks and other ca.sh ite m s...........
T o ta ls............................................
Liabilities.
Capital stock paid i n .......................
Surplus fu n d s......................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
paid
...............................................
Commercial deposits subject to
check ...............................................
Commercial certificates of d ep o sit..

76 14

123 26

191 92

709 19

19 37
100 00
683 58

156 63

846 94

260 21

596 09

$56,561 84

$80,920 79

$82,245 39

$85,074 51

$85,239 92

$20,000 00
500 00

$20,000 00
500 00

$20,000 00
500 00

$20,000 00
500 00

$10,000 00
500 00

51 22

7 82

27,269 01
11,044 34

27,511 44
10,267 14

38 06
16,772 01
6,814 31

32,706 05
9,391 99

21,453 90
14,819 13
5,000 00

2,500 00

2,500 00

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

10,475 52

16,284 69

18,472 36

15,895 08

16,563 02

Notes and hills rediscounted.........

2,000 00

2,000 00

2,000 00

7,814 86

7,890 50

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

$56,561 84

$80,920 79

$82,245 39

$85,074 51

$85,239 92

S tate monies on d ep o sit...................


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

26

STATE BANKING DEPARTMENT.
No. 236.
STATE BANK OF FRANK W. HUBBARD & CO., BAD AXE.
Organized July 10, 1901.

F r a n k W. H

u b b a r d , P r e s id e n t ; J o h n R y a n , J o s e p h N. R a n k i n , V ic e P r e s id e n t s ; J o h n R y a n , C a s h ie r ;
J a m e s L. B u r g e s s , A s s i s t a n t C a s h ie r ; Jos. N. R a n k i n , A u d ito r .

D i r e c t o r s .— F rank W. H ubbard, Elizabeth L. H ubbard, John R yan, Maggie Ryan, Joseph N. Rankin,

Jam es L. Burgess.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d ep artm en t......................
Bonds, mortgages and securities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Prem ium acco u n t...............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
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 bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d ep artm en t.......................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
*
U. S. and N ational bank currency:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................

Report of
Report of
R eport of
R eport of
R eport of
Nov. 16, ’09 Jan. 31, ’10. Mar. 29, ’10 June 30, ’10. Sept. 1, ’10.

$247,772 97

$234,159 83

$246,934 19

$198,961 86
65,647 77

$198,880 24
65,647*77

76,311 22

91,241 94

98,484 49

13,025 00
89,338 17

13,025 00
97,990 72

2,960 79

2,627 84

5,417 32

718 42

4,958 52

11,000 00
1,022 02

11,000 00
1,022 02

11,000 00
1,022 02

11,000 00
1,022 02

11,000 00
1,022 02

12,340 48

12,340 48

11,990 48

1,873 01

1,873 01

824 71

2,453 28

5,159 83

4,181 60

1,717 81

51,699 13

48,386 80

50,806 81

27,425 23
18,238 87

30,435T25
18,256.13

3,804 17

8,506 06

2,271 02

7,548 14

12,033 71

14,748 00

15,479 00

7,354 00

7,603 00
2,000 00

3,649 00
1,500 00

3,155 00

4,440 00

4,935 00

740 00
7,000 00

555 00
7,600 00

733 80

1,285 25

575 10

613 60
130 00

352 25
32 00

Silver coin:
Commercial d e p a rtm e n t...............
Savings departm n t .......................
Nickels and cents:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Checks and other cash ite m s..........

284 60

283 75

269 66

2,110 48

501 85

2,391 63

242 41
2 19
507 49

93 11
19
784 92

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

$428,767 37

$433,728 10

$448,611 55

$457,818 78

$471,406 65

$30,000 00
10,000 00

$30,000. 00
10,000 00

$30,000 00
10,000 00

$30,000 00
10,000 00

$30,000 00
10,000 00

26,572 54

22,578 84

23,795 10

26,065 16

27,227 36

192,505 24
168,943 05

213,733 05
156,879 98

215,500 27
169,316 18

209,319 79

220,366 28

740 54

536 23

Liabilities.
Capital stock paid i n .......................
Surplus fu n d ........................................
U ndivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................
Dividends u n p a id ..............................
Commercial deposits subject to
check .................................................
Commercial certificates of deposit.
Certified ch eck s..................................
Cashier’s checks o u tstan d in g ...........
State monies on d ep o sit...................
Due to banks and b an k ers...............
Savings deposits.................................
Savings certificates of d ep o sit........
Reserved for taxes, interest, e tc ..
Notes and bills redisco u nted...........
Bills p a y a b le .......................................
T o ta ls............................................


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

$428,767 37

$433,728 10

$448,611 55

80 36

80 36

182,353 47

183,732 65

$457,818 78

$471,406 65

STATE BANKS OF MICHIGAN.

27

No. 237.
STATE SAVINGS BANK OF BAD AXE, BAD AXE.
Organized June 22, 1901.
A l b e r t E. S l e e p e r , P r e s id e n t ; A l l is o n L. W r i g h t , V ic e P r e s id e n t ; J a m e s B a l d w in , C a s h ie r ;
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 .
D i r e c t o r s — Albert E. Sleeper, Allison L. W right, Jam es Baldwin, Clara Baldwin,

Charles D. Thompson.

Resources.
?
Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds m ortgages and securities:
Commercial d ep artm en t...............
Loans secured by other collateral
Savings d e p a rtm e n t......................
Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
B anking 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 S tates bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Exchanges for clearing house:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
U. S. and National bank currency:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Checks and other cash ite m s...........
T o tals............................................
Liabilities.
Capital stock paid i n .........................
Surplus fu n d s......................................
U ndivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................
Dividends u n p a id ..............................
Commercial deposits subject to
c h e c k .................................................
Commercial certificates of dep o sit..
Certified ch eck s..................................
Cashier’s checks o u tstan d in g ...........
State monies on deposit...................
Due to banks and b a n k e rs...............
Savings deposits.. . .........................
Savings certificates of dep o sit........
Reserved for taxes, interest, e tc ..
Notes and bills red iscounted...........
Bills p ay ab le........................................
T o ta ls............................................


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

R eport of
R eport of
Report of
Report of
Report of
Nov. 16. ’09. Jan. 31, TO. Mar. 29, TO. June 30, TO. Sept. 1, TO.

$158,876 46

$163,819 38

$180,932 45

$200,380 71

$207,563 15

14,204 37
51,067 44

13,165 86
65,156 50

13,165 86
60,822 32

12,650 00
60,874 14

12,500 00
56,941 14

222 07

189 53

273 56

173 57

189 13

8,750 00
2,500 00

8.750 00
2,500 00

8,750 00
2,500 00

8,750 00
2,500 00

8,750 00
2,500 00

4,196 17

5,233 56

5,221 90

5,440 77

5,440 77

45 75

98 77

90 08

51 00

45 75

47,331 22

75,434 46

81,998 67

60,105 10

38,638 74

235 79

1,744 43

1,271 94

1,139 30

1,031 33

10,733 00

13,184 75

11,521 00

14,957 00

17,252 00

5,675 00

5,635 0Ò

5,690 00

4,035 00

4,065 00

964 20

1,301 10

1,246 25

1,358 35

1,046 50

112 82

150 62

183 51

202 75

235 84

986 52

1,130 85

1,659 25

1,582 24

366 51

$305,900 81

$357,494 81

$375,326 79

$374,199 93

$356,565 86

$25,000 00
10,000 00

$25,000 00
10,000 00

$25,000 00
10,000 00

$25,000 00
10,000 00

$25,000 00
10,000 00

11,901 33

13,711 12

14,323 94

10,824 49

11,649 61

65,349 95
193,649 53

105,364 32
203,419 37

113,468 59
212,534 26

103,448 76
224,926 68

80,279 46
229,636 79

$305,900 81

$357,494 81

$375,326 79

$374,199 93

$356,565 86

STATE BANKING DEPARTMENT.

28

No. 337.
THE STATE-EXCHANGE BANK, BANCROFT.
Organized April 24, 1906.
T. M. E u l e r ,

P r e s id e n t ;

C. L . P a r s o n s , V ic e P r e s id e n t ; E . P . S h e r m a n ,
E. G. K a y , A s s i s t a n t C a s h ie r .

D i r e c t o r s .—T. M. Euler, J. E. Symes, C. L. Parsons, H. W

Resources.

Loans and discounts:
rinmmprrifl,l d ep artm en t...............
,wavings departm ent ....................
Bonds, m ortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Prem ium a c c o u n t......... .....................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
B anking h o u se....................................
F urniture and fix tu res.....................
Other real estate ..............................
Due from other banks and bankers,
not, reserve cities............................
Tterns in transit. ................................
U nited States bonds:
Savings d e p a rtm e n t......... ............
Due from banks in reserve cities:
Commercial d e p artm en t...............
Savings d ep artm en t.......................
E xchanges for clearinghouse:
Commercial d e p artm en t...............
Savings d ep artm en t.......................
U. S. and National bank currency:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Gold coin:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Checks and other cash ite m s..........
T o tals............................................
Liabilities.
Capital stock paid i n .......................
Surplus funds ....................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
paid
...............................................
Dividends u n p a id ..............................
Commercial deposits subject to
check .................................................
Commercial certificates of d ep o sit..
Certified ch eck s..................................
Cashier’s checks o u tstanding..........
State monies on d ep o sit...................
Due to banks and b a n k e rs...............
Savings deposits.................................
Savings certificates of deposit........
Reserved for taxes, interest, etc. . .
Notes and bills rediscounted...........
Bills payable .....................................
T o ta ls............................................


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

C a s h ie r ;

Parker, A. Elesser, E. E. Harris.

Report of
R eport of
R eport of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, '10. Mar. 29, '10. June 30, '10. Sept. 1, '10.

189,597 87

$100,857 85

$85,053 32

$135,819 72

$124,604 93

64,383 00

68,548 00

68,548 00

64,973 00

66,408 00

185 70
1,215 32

185 70
1,529 98

185 70
903 52

185 70
329 11

185 70
282 03

793 67
7,500 00
3,797 14

285 34
7,500 00
3,783 14

866 45
7,500 00
3,777 14

7,500 00
3,773 14

10 82
7,500 00
3,773 14

3,730 76

2,920 42

2,715 63

15,775 84

11,431 77
4,623 46

28,076 23
12,436 29

3,489 34
5,964 16

4,540 30
4,229 99

7,906 00

7,210 00

9,024 00

9,123 00

8,932 00

6,505 00

575 00
6,000 00

945 00
6,000 00

1,190 00
6,000 00

1,235 00
6,000 00

851 75

961 50

639 40

535 80

585 35
202 10

191 50

147 20

184 22

223 08

314 14

250 39

301 08

678 97

190 52

$201,732 56

$213,889 33

$228,171 11

$242,705 44

$228,679 88

$20,000 00
1,250 00

$20,000 00
1,500 00

$20,000 00
1,500 00

$20,000 00
1,500 00

$20,000 00
1,500 00

345 56
10,459 30
96,276 97

23,692 72
88,507 06

19,351 81
100,376 20

21,912 85
106,343 59

13,287 13
113,304 53

6,752 57
66,993 72

8,316 66
71,872 89

9,498 65
77,444 45

11,093 69
81,509 75

11,379 35
69,208 87

$201,732 56

$213,889 33

$228,171 11

$242,705 44

$228,679 88

29

STATE BANKS OF MICHIGAN.
No. 62.
WEST MICHIGAN SAVINGS BANK, BANGOR.
Organized April 8, 1880.
J. E. S e b r i n g ,

P r e s id e n t a n d C a s h ie r ; W il l ia m B r o a d w e l l , V ic e P r e s id e n t .

D i r e c t o r s .— Wm. Broadwell, J. E. Sebring, E m m a M cNett, William S. Charles, Wm. H. Chapman,

Olia Goss De Haven, Rebecca Fausnaugh.

Resources.

Loans and discounts:
Commercial d ep artm en t.............
Savings d e p a rtm e n t.,.................
Bonds, mortgages and securities:
Commercia1 d e p a rtm e n t.............
Savings d ep artm en t.....................
Prem ium acco u n t...............................
O verdrafts............................... ............
Expenses, interest and taxes paid.
exceeding earnings.........................
B anking h o u se....................................
F u rn itu re 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 bondsSavings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...........
Savings d ep artm en t...................
Exchanges for clearing house:
Commercial d e p a rtm e n t...........
Savings d ep artm en t...................
U. S. and N ational bank currency:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d e p a rtm e n t. . .
Savings d ep artm en t............
Nickels and cents:
Commercial d e p a rtm e n t. . .
Savings d ep artm en t............
Checks and other cash ite m s.
Totals.
Liabilities.
Capital stock paid i n ...................
Surplus fu n d ....................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...............................................
Dividends u n p a id ..........................
Commercial deposits subject to
check ...............................................
Commercial certificates of deposit
Certified ch eck s.............................. •'
Cashier’s checks o u tstan d in g ........
State monies on d ep o sit.................
Due to banks and b an k ers.............
Savings deposits...............................
Savings certificates of dep o sit. . . .
Reserved for taxes, interest, etc.
Notes and bills rediscounted........
Bills p a y a b le .........
.............
Totals.


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

R eport of
R eport of
R eport of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

3,471 09

4,495 22

189,377 23

1,649 21

$79,533 33

128,259 82

134,518 17

136,627 67

2,032 59

677 62

577 21

972 75

592 59

14,761 27
1,675 02

14,761 27
2,746 68

14,761 27
2,913 48

14,761 27
2,913 48

14,000 00
2,913 48

3,079 36

3,059 36

2,959 36

2,959 36

2,884 36

10,000 00

5,000 00

143,295

144,606 86

$88,624 37
30,192 47

87,563 82
36,174 45

71,056 61
37,685 03

48,676 62
38,158 16

38,878 22
43,536 80

370 25

736 83

284 41

924 30

1,155 04

6,793 00

3,664r 00

10,000 00

6,668 00
10,000 00

10,410 00

10,000 00

10,000 00

10 , 000:00

2,000 00

2,000 00

2,000 00

2,000 00

3,000 00

1,125 00

1,650 00

1,000 00

1,575 00

1,350 00

439 78

335 60

344 44

351 12

545 37

$375,883 16

$389,666 01

$376,410 81

$381,469 01

$361,621 94

$25,000 00
15,000 00

$25,000 00
15,500 00

$25,000 00
15,500 00

$25,000 00
15,500 00

$25,000 00
15,500 00

1,816 20

176 33

1,705 13

2,470 16

238 22

97,919 65
37,505 94

110,784 83
62,213 20

98,320 92
58,109 00

93,636 28
52,530 00

77,746 39
62,253 08

40,384 86
158,256 51

40,974 34
135,017 31

41,997 33
135,778 43

42,061 04
150,271 53

42,570 34
138,313 91

$375,883 16

$389,666 01

$376,410 81

$381,469 01

$361,621 94

3,946 00

STATE BANKING DEPARTMENT.

30

No. 444.
BARAGA COUNTY STATE BANK, BARAGA.
Organized June 2, 1909.
H

erm an

J. F a l k ,

P r e s id e n t ; A r v id

J o h n s o n , V ic e P r e s id e n t ; S a m u e l H. K n i s l e y , C a s h ie r .

D i r e c t o r s .— H. J. Falk, Arvid Johnson, Samuel Hill, Alphonse G authier, John Beck, John Cosgrove,

S.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds mortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Prem ium a c c o u n t...............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
Banking h o u se....................................
F urn itu re and fix tu res................. .. .
O ther real estate ..............................
Due from other banks and bankers,
not reserve c ities........ ...................
Item s in tr a n s it..................................
U nited S tates bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Exchanges for clearing house:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
U. S. and N ational bank currency :
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings departm ent
.............
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Checks and other cash i t e m s ...........
T o ta ls............................................
Liabilities.
Capital stock paid i n ..........................
Surplus fu n d s......................................
U ndivided profits, less losses, cur­
rent expenses, in terest and taxes
paid
...............................................
Dividends unpaid
..........................
Commercial deposits subject to
check ...............................................
Oommereial certificates of d e p o sit. .
Certified ch eck s..................................
Cashier’s checks o u tsta n d in g ...........
S tate monies on deposit...................
D u e to ha,nks a,nd h a n k e rs...............
Savings deposits.................................
Savings certificates of d e p o s it........
Reserved for t,a,xest interest, etc . .
Notes a,nd hills redisco unted...........
Bills p ay ab le........................................
T o ta ls............................................


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

H. Knisely.

Report of
Report of
R eport of
Report of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$12,771 70

$15,028 39

$18,384 89
1,638 50

1,009 61

9,490 00
175 00

10,355 00
927 25
59 53

2,377 95

2,500 00

2,500 00

528 36

591 38

356 22

4,798 37

1,919 10

1,515 65
1,900 00

3,295 00

4,000 00
1,500 00

2.300 00
1.300 00

45 00

75 00

153 35

300 00
46 00

82 00
100 00

22

1 01
63

10
04

$24,985 08

$35,626 51

$41,419 18

$15,180 00

$18,040 00
1,000 00

$20,000 00
1,000 00

403 69

120 33

443 93

8,687 16

14,599 40

13,334 78
22 00

714 23

145 15

552 68

571 63
1,150 00

2,805 79
3,260 00

$35,626 51

$41,419 18

5 52

$24,985 08

STATE BANKS OF MICHIGAN.

31

No. 458.
T H E B ARK R IV E R STATE BANK, BARK R IV E R .
Organized A ugust 17, 1910.
J o h n B. F r e c h e t t e , P r e s id e n t ; M i c h a e l H a r r i s , V ic e P r e s id e n t ; E d w a r d J. B e r g m a n , C a s h i e r ;
A n n a L a b 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 .—Théophile Labre, Fred Clairmo, Philetus Labre, Michael Harris, John B. F rechette,

Joseph H. Boyle, Ole H arstad, Edward J. Bergman, William B. Stahl, John Gasman.
Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds, m ortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
B anking h o u se....................................
F u rn itu re 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 bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
U. S. and National bank currency:
Commercial d e p a rtm e n t...............
Savings d ep artm en t......................
Gold coin:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Checks and other cash ite m s ...........
T o tals............................................
Liabilities.
Capital stock paid i n .......................
Surplus fu n d s.......................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................
Dividends u n p a id ...............................
Commercial deposits subject to
ch eck .................................................
Commercial certificates of d ep o sit. .
Certified ch eck s..................................
Cashier’s checks o u tstanding........ .
State monies on d ep o sit...................
Due to banks and b a n k e rs...............
Savings deposits.................................
Savings certificates of d ep o sit........
Reserved for taxes, interest, e tc . ..
Notes and bills red iscounted...........
Bills p a y a b le .......................................
T o tals............................................


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

R eport of
R eport of
R eport of
R eport of
R eport of
Nov. 16, ’09 Jan. 31, ’10 Mar. 29, ’10. June 30, ’lO.jSept. 1, ’10.

STATE BANKING DEPARTMENT.

32

No. 394.
T H E BARRYTON STATE SAVINGS BANK, BARRYTON.
Organized March 9, 1908.
W il l a r d J. S h a n k s , P r e s id e n t ; H e n r y W a l r a t h , V ic e P r e s id e n t ; O. S. W
A d e l b e r t M y e r s , A s s i s t a n t C a s h ie r .

o o d , C a s h ie r ;

D i r e c t o r s .— W. J. Shanks, H enry W alrath, O. S. Wood, W. T. Lattin, F rank Malmstone.

R eport of
Report of
R eport of
R eport of
R eport of
Nov. 16, ’09. ran. 31, ’10. Mar. 29, ’10. lune 30, TO. Sept. 1, T0_

Resources.

Loans and discounts:
Commercial d ep artm en t...............
...............
Savings departm ent
Bonds, mortgages and securities:
Commercial department,
Savings department, ...................

$54,660 68

$52,207 35

$59,906 26

$61,655 21

700 00

700 00

700 00

700 00

700 00

2,070 72

3,641 48

3,812 32
325 19

2,416 51
1,100 00

1,534 21
1,344 20

3,059 31

6,406 75

6,265 83

5,213 61

5.C34 66-

2,225 00

1,513 00

2,494 00

1,880 00

2,540 00

1,455 00

1,405 00

1,440 00

1,595 00

1,195 00

357 05

336 35

243 40

474 70

374 10

33 83

51 34

61 59

49 18

115 84

60 50

26 25

152 91
$74,646 13

$53,599 10

222 98
Expenses, interest and taxes paid,
...................
exceeding earnings
F u rn itu re and fix tu res.....................
Due from other banks and bankers,
not t p serve c ities...........................
Item*"2 in tr a n s it..................................
U nited States bonds:
Savings department,
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings department, ...................
Exchanges for clearing house:
Commercial department,
Savings department, ...................
U. S. and N ational b ank currency:
Commercial d e p a rtm e n t...............
Savings department,
...........
Gold coin:
Commercial d ep artm en t...............
Savings department,
.............
Silver coin:
Commercial d e p a rtm e n t...............
Savings department,
Nickels and cents:
Commercial d e p a rtm e n t...............
Savings department,
Checks and other cash ite m s...........
T o tals......................................

••

Liabilities.
Capital stock paid i n .......................
Surplus fu n d ........................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
paid
............................ ) ................
"Dividends unpaid
...................
Commercial deposits subject tc
check ....................................... . . . .
Commercial certificates of deposit
Certified checks ............................
Cashier’s c kecks o u tstan d in g ........

15 00

72 75

'

$63,737 99

$68,787 35

$67,610 18

$73,361 51

$20,000 00
2,000 00

$20,000 00
3,000 00

$20,000 00
3,000 00

$20,000 00
4,000 00

$20,000 00
4,000 00

1,476 85

894 84
40 00

1,484 57

262 70
800 00

554 36
48 00

22,859 48
17,385 12

27,107 70
17,720 31

22,992 59
20,080 02

16 54

24 50

53 00

$63,737 99

$68,787 35

$67,610 18

30
51
00
00

24,942 79
25,097 98

$73,361 51

$74,646 13

24,515
23,755
25
3

3 00

t o pa nks and hankers ...........
Savings deposits
..........................
Savings certificates of deposit, . .
Reserved for taxes interest, etc.
Notes and hills red iscounted........
Rills payable
..........................

Tot, a,Is..........................................


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

STATE BANKS OF MICHIGAN.

33

No. 93.
CITY BANK, BATTLE CREEK.
Organized June 14, 1871.
Corporate existence extended June 4, 1901.
C h a s . C. G r e e n , P r e s id e n t ; E. R. M o r t o n , N. E. H u b b a r d , F. A. A l l w a r d t , V ic e P r e s id e n t s ;
E. R. M o r t o n , 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 .— W. H. Eldred, L. A. Dudley, M. Maas, Chas. C. Green, F rank J. Kellogg, Geo. W. Mechem,

H. F. Bechman, N. E. H ubbard, F. A. Allwardt, S. B. Cole, E. R. Morton.

R eport of
Report of
Report of
Report of
Report of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, TO. June 30, TO. Sept. 1, TO.

Resources.

Loans and discounts:
Commercial d e p a rtm e n t...............
■Savings d ep artm en t.......................
Bonds, m ortgages and securities:
Commercial d ep artm en t...............
Savings d ep artm en t.......................
Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
Banking h o u se....................................
F u rn itu re and fixtures......................

$359,622 54
317,332 66

$257,393 59
406,350 90

$272,641 81
417,058 80

$305,941 42
430,308 52

$275,684 91
443,990 86

662,555 68

656,020 04

643,400 25

639,883 27

654,117 90

4,839 12

618 55

563 55

811 00

1,579 26

15,713 00

15,000 00

15,000 00

15,000 00

15,000 00

11,654 20

24,931 98

25,721 18

29,978 72

29,369 29

48 08

281 84

47 66

112 14

170 72

4,565 87
84,402 48

77,865 63
127,696 84

21,637 37
157,116 86

16,127 58
146,715 11

62,458 09
134,086 91

6,096 91

4,957 99

5,000 90

19,414 91

3,806 13

14,105 00
67.000 00

18,746 00
40.000 00

12,206 00
32.000 00

7,480 00
45.000 00

17,390 00
30.000 00

7,157 00
30.000 00

12,195 00
25.000 00

9,585 00
45.000 00

4,202 50
35.000 00

7,831 00
32.000 00

2,246 05
3,000 00

5,164 19

3,208 60
3,000 00

602 80
5,000 00

1,228 30
3,000 00

811 40

743 11

720 48

723 57

758 61

38 25

59 25

8 00

7 54

612 54

T o tals............................................ $1,591,188 24 $1,673,024 91 $1,663,916 46 $1,702,309 08

$1,713,084 52

Other real e s ta te ................................
Due from other banks and bankers,
not reserve cities...........................
Item s in tr a n s it..................................
United States bonds:
Savings d e p artm en t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Exchanges for clearing house:
Commercial d e p artm en t...............
Savings d ep artm en t.......................
U. S. and N ational Bank currency:
Commercial d e p a rtm e n t............. .
Savings d ep artm en t.......................
Gold coin:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Silver coin:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Nickels and cents:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Checks and other cash ite m s...........

Liabilities.
Capital stock paid in .........................
$100,000 00
Surplus fu n d ........................................
25,000 00
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................
1,201 51
Dividends u n p a id ..............................
Commercial deposits subject to
ch eck .................................................
219,787 51
Commercial certificates of dep o sit.
15,867 72
Certified ch eck s..................................
136 85
Cashier’s checks outstanding..........
State monies on d ep o sit...................
Due to banks and b a n k e rs...............
22,613 95
Savings deposits................................. 1,171,390 22
Savings certificates of dep o sit........
35,190 48
Reserved for taxes, interest, etc. . .
Notes and bills rediscounted..........
Bills p ay ab le........................................
T o tals..................

5


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

$100,000 00
25,000 00

$100,000 00
25,000 00

$100,000 00
25,000 00

$100,000 00
25,000 00

3,519 09
45 00

8,771 56

6,256 92

9,559 46

231,789 46
21,210 37
15 00

191,169 90
11,751 20
1 00

230,541 27
13,584 33
601 00

233,779 79
19,352 26
60 39

36,378 21
1,203,753 30
51,314 48

29,646 89
1,244,261 43
53,314 48

7,500
16,918
1,259,237
42,669
*

00
66
42
48

..................... $1,591,188 24 $1,673,024 91 $1,663,916 46 $1,702,309 08

7,500
20,636
1,257,319
39,876

00
95
53
14

$1,713,084 52

STATE BANKING DEPARTMENT.

34

No. 178.
M ERCHANTS’ SAVINGS BANK, BATTLE C R EEK .
Organized March 28, 1895.
A. M. M i n t y , P r e s id e n t ; F r a n k T u r n e r , V ic e P r e s id e n t ; H . A. R o w l e s , C a s h ie r .
D i r e c t o r s .— A. M. Minty, F rank Turner, I. Amberg, R. F. Hoffmaster, F. H. Boos, H. A. Rowles.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds, m ortgages and securities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
...................
Premium account
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings
...................
Pa,nking house ..................................
F urniture and fixtures ...................
O ther real estate ..............................
Due from other banks and bankers,
not. reserve, cities...........................
Ttems in tran sit ................................
U nited States bonds:
Savings department,
...........
Due from banks in reserve cities:
Commercial departm ent,...............
Savings departm ent,.......................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................

R eport of
R eport of
R eport of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$135,148 38
226,374 58

$155,746 25
211,718 51

$173,531 74
198,850 71

$196,670 89
181,486 12

$199,663 11
165,162 26

592,668 52

621,858 74

638,037 17

9,000 00
693,573 40

9,000 00
704,106 40

53 23

753 75

2,061 80

321 33

1,536 46

25,000 00
2,325 00

' 25,000 00
2,325 00

25,000 00
2,325 00

25,000 00
2,325 00

25,000 00
2,325 00

17,442 45

17,442 45

5,942 45

4,296 59

4,021 59

263 17

372 40

154 85

37,586 46
93,251 02

27,680 78
107,264 09

27,414 47
128,560 80

21,094 60
113,142 70

21,200 13
117,429 66

2,347 19

966 51

3,052 89

1,312 24
500 00

1,313 08

11,000 00
16,921 00

16,300 00
19,784 00

10,000 00
42,996 00

9,000 00
20,327 00

15,000 00
8,876 00

5,000 00
21,237 50

1,000 00
22,137 50

15,000 00
15,312 50

13,000 00
25,765 00

2,000 00
29,107 50

600 00
2,546 95

900 00
3,550 90

1,500 00
950 50

200 00
1,455 10

500 00
2,059 85

32 00
377 67

132 00
161 26

35 00
438 52

88 74
477 90

20 00
519 54

T o tals............................................ $1,190,066 80 $1,234,721 74 $1,291,009 55 $1,319,299 78

$1,309,212 98

U. S. and N ational bank currency:
Commercia.l d e p artm en t...............
Savings d ep artm en t.......................
Gold coin:
Commercial d ep artm en t...............
Savings d ep artm en t.......................
Silver coin:
Commercia.l d e p a rtm e n t...............
Savings d e p a rtm e n t.....................
Nickels and cents:
Commercia.l d e p a rtm e n t...............
Savings d ep artm en t.......................
Checks a.nd other cash ite m s...........

Liabilities.
Capital stock paid i n .......................
Surplus fu n d ........................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
paid
...............................................
Dividends u n p a id ...............................
Commercial deposits subject to
check ...............................................
Commercial certificates of deposit.
Certified ch eck s..................................
Cashier’s checks o u tstan d in g ..........
State monies on d ep o sit...................
Due to banks and b an k ers...............
Savings deposits.................................
Savings certificates of dep o sit........
Reserved for taxes, interest, etc. .
Notes and bills rediscounted...........
Bills p ay ab le........................................

$50,000 00
20,000 00

$50,000 00
20,000 00

$50,000 00
20,000 00

$50,000 00
20,000 00

$50,000 00
30,000 00

21,808 68

14,929 67
120 00

22,825 21

28,798 53

11,827 39
150 00

123,032 19
98,704 85

105,286 26
139,126 78

119,022 44 / 148,281 91
121,702 40
146,333 03

123,240 93
110,216 77

876,521 08

905,259 03

932,828 87

950,516 94

983,777 89

T o tals.....................*...................... $1,190,066 80 $1,234,721 74 $1,291,009 55 $1,319,299 78

$1,309,212 98


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

35

STATE BANKS OF MICHIGAN.
No. 63.
BAY CITY BANK, BAY CITY.
Organized Septem ber 4, 1871.
Corporate existence extended Septem ber 4, 1901.
G e o . H. Y o u n g , P r e s id e n t ; J u s t i n W e n t w o r t h , V ic e P r e s id 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, Ju stin W entw orth, F rem ont B. Chesbrough, George K. W entw orth,

F rank E. Tyler, Wm. A. Young, W alter D. Young.

Resources.

Loans and discounts:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Bonds, mortgages and securities:
Commercial departm ent collât-

R eport of
R eport of
Report of
R eport of
R eport of
Nov. 16, '09. Jan. 31, '10. Mar. 29, '10. June 30, ’10. Sept. 1, ’10.

$680,271 01
97,390 00

$702,474 96
349,252 21

$825,243 82
340,148 64

$735,001 98
396,787 17

$732,715 00
336,816 02

Savings d ep artm en t.......................

234,974 60
749,114 32

853,193 22

872,581 22

806,993 45

834,469 19

Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid,

9,000 00
6,742 67

9,000 00
4,780 31

9,000 00
1,699 21

9,000 00
4,911 11

9,000 00
1,345 52
6,000 00

F urniture and fix tu res................... ..

7,000 00

7,000 00

6,000 00

6,000 00

O ther real e s ta te ................................
Due from other banks and bankers,
not reserve citie s............................

12,420 00

12,000 00

4,150 00

4,150 00

4,150 00

4,265 16

6,304 70

4,455 32

26,094 76

5,783 18

293,240 10
239,373 18

198,025 58
194,728 56

219,534 40
191,656 21

155,929 86
198,146 45

204,335 78
232,722 38

7,723 06

21,859 09

3,234 59

5,651 28

2,283 40

45,310 00
57,888 00

55,837 00
67,252 00

59,996 00
60,474 00

67,114 00
62,679 00

77,851 00
58,740 00

1,187 50
25,730 00

11,077 50
15,075 00

3,932 50
24,540 00

4,002 50
24,600 00

1,715 00
24,535 00

10,835 95
51 95

10,944 85
49 05

11,271 50
121 55

9,121 25
84 75

8,892 05
69 75

515 89
2 19
68 64

549 20
3 01
74 99

655 95
2 57
147 00

624 08
3 44
69 92

539 01
1 70
205 36

T o ta ls............................................ $2,483,104 22 $2,519,481 23 $2,638,844 48 $2,516,965 00

$2,542,169 34

U nited S tates bonds:
Due from banks in reserve cities:
Commercial d e p artm en t...............
Savings d ep artm en t.......................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
U. S. and National bank currency:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Gold coin:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Silver coin:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......... ............
Nickels and cents:
Commercial d e p a rtm e n t...............
Savings d ep artm en t............ ...........
Checks and other cash ite m s...........

Liabilities.
Capital stock paid i n .......................
Surplus fu n d ........................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................

$150,000 00
150,000 00

$150,000 00
150,000 00

$150,000 00
150,000 00

$150,000 00
150,000 00

$150,000 00
150,000 00

19,320 02

27,534 04

41,038 12

40,097 16

34,823 64

Commercial deposits subject to
c h e c k ............................................... •
Commercial certificates of dep o sit.
Certified ch eck s............. : ...................

490,431 26
177,667 47
1,177 22

388,456 29
188,663 15
2,056 25

488,174 57'
191,639 91

391,565 95
172,119 37
2,547 12

423,668 60
169,610 33
941 60

Due to banks and b a n k e rs...............
Savings d ep çsits....................._...........

80,984 01
1,413,524 24

124,218 45
1,488,553 05

119,467 69
1,498,524 19

112,341 14
1,498,294 26

116,771 13
1,496,354 04

T o ta ls............................................ $2,483,104 22 $2,519,481 23 $2,638,844 48 $2,516,965 00

$2,542,169 34


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

36

STATE BANKING DEPARTMENT.
No. 43.
BAY COUNTY SAVINGS BANK, BAY CITY.
Organized F ebruary 1, 1884.

A. E. B o n s f i e l d ,

P r e s id e n t ;

N. A. E d d y ,

V ic e P r e s id e n t ; W a r r e n

E. C a r t e r ,

A s s is ta n t T rea su re r.

D i r e c t o r s .— A. E. Bonsfield, Thomas Cranage, N. A. Eddy, H. M. Gillett, G. Hine, F. T. Norris,

George D. Jackson, C. A. Eddy, Wm. L. Clements.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings departm ent ...................
Bonds m ortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
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..................................
United States bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Exchanges for clearing house:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
U. S. and National bank currency:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Checks and other cash ite m s..........
T o tals............................................
Liabilities.
Capital stock paid i n .........................
Surplus fu n d s......................................
Undivided profits, less losses, cur­
rent 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..
Certified ch eck s..................................
Cashier’s checks o u tstan d in g ..........
S tate monies on d eposit...................
Due to banks and b a n k e rs...............
Savings dep o sits.................................
Savings certificates of deposit........
Reserved for taxes, interest, etc. .
Notes and bills red iscounted..........
Bills p ay ab le........................................
T o tals............................................


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

Report of
R eport of
Report of
Report of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$178,708 92
266,734 25

$228,814 56
259,367 46

$242,041 32
261,715 43

$183,182 31
190,677 41

$180,958 43
246,415 07

344,717 79

333,190 00

421,960 00

442,710 00

422,240 00

1,987 50
53 82

514 72
115 97

514 72
77 26

500 00
128 49

500 00
64 31

5,000 00

4,500 00

4,500 00

4,500 00

4,500 00

3,606 61

7,923 66

7,923 66

7,223 66

5,898 66

463 48

102 00

280 00

75 00

10,424 18
89,296 37

16,555 99
105,498 94

16,556 01
79,717 98

10,980 06
133,191 28

15,728 63
91,239 29

3,071 30

3,613 62

5,069 64

1,968 98

8,000 00
31,889 00

5,228 00
33,779 00

6,382 00
34,073 00

15,950 00
33,259 00

14,000 00
32,704 00

10,628 00

10,970 50

2,452 50
8,000 00

5,000 00
5,549 00

5,000 00
5,434 00

2,617 35

1,500 00
3,508 50

1,950 50
2,733 85 •

1,750 00
1,307 70

2,250 00
1,499 00

177 57
245 28

208 98
361 38

838 72

255 82
10 73

•

200 70
407 50
450 88

249 33
470 82
352 05

$955,232 54 $1,015,699 68 $1,095,284 05 V , VTTJ., UUX
$50,000 00
25,000 00

$50,000 00
' 25,000 00

$50,000 00
25,000 00

$50,000 00
25,000 00

$50,000 00
25,000 00

20,753 04

17,333 76

20,783 06

15,628 04
2,500 00

21,508 01

111,909 96

140,700 86

196,823 70

141,333 69

134,569 98

715,20Ì 92
67,463 14

737,143 62
65,533 67

760,638 42
46,581 25

750,273 17
49,694 57

$955,232 54 $1,015,699 68 $1,095,284 05 $1,041,681 40

$1,031,045 73

490 12
681,768 96
65,310 46

STATE BANKS OF MICHIGAN.

37

No. 30.
T H E COMMERCIAL BANK, BAY CITY.
Organized A ugust 15, 1888.
C. R. H a w l e y , P r e s id e n t ; G. H . M o u l t h r o p , V ic e P r e s id e n t ; J . R. W a t r o u s , C a s h ie r .
D i r e c t o r s .— C. R. Hawley, C. C. W hitney, B. Boutell, J . C. Weadock, J . R. W atrous, G. H. Moulthrop,
W. H. Sharp, L. J . Weadock, F. C. F inkenstaedt.

Resources.

Loans and discounts:
Corn m or rial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds, mortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................

Report of
Report of
Report of
Report of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$552,998 10
111,230 89

$570,133 34
142,599 55

$607,950 89
140,580 41

$533,910 30
147,086 62

$541,944 83
134,598 01

194,671 33

200,671 56

202,921 56

208,799 61

232,489 17

781 01

234 71

3,250 72

1,349 02

406 34

4,000 00

4,000 00

4,000 00

4,000 00

4,000 00

4,054 36

3,866 85

3,678 92

2,647 76

1,765 15

57,058 13
46,722 77

83,027 27
40,620 85

10,566 08
42,984 20

22,464 23
44,731 40

11,334 92
31,244 94

2,988 87

9,905 12

2,894 02

5,405 80

1,872 76

20,052 00
14,102 00

29,039 00
20,000 00

25,738 00
16,800 00

42,061 00
15,000 00

25,677 00
13,900 00

6,442 50
3,500 00

7,500 00

4,725 00
2,000 00

9,015 00
5.000 00

7,172 50
5.000 00

2,056 27
900 00

6,673 95
200 00

4,175 25
1,500 00

3,681 55
1.000 00

4,395 05
2.000 00

159 39
57 20
1,310 76

288 46
4 84
364 64

290 64
41 37
685 25

82 72
85 13
407 73

219 42
64 84
457 33

T o ta ls............................................ $1,023,085 58 $1,119,130 14 $1,074,782 31 $1,046,727 87

$1,018,542 26

Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
B anking h o u se....................................
F urniture and fix tu res.....................
O ther real estate ..............................
Due from other banks and bankers,
not, reserve citie s...........................
Ttems in tr a n s it..................................
U nited S tates bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d e p a rtm e n t...............
Sa.vings departm ent ...................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings depa.rtm ent,.....................
U. S. and N ational bank currency:
Commercial d ep artm en t...............
Savings d ep artm en t......................
Gold coin:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Sa.vings departm ent ...................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Checks a,nd other cash ite m s...........

Liabilities.
Capital stock paid i n .......................
Surplus fu n d s......................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
paid
..............................................
Dividends unpaid
..........................
Commercial deposits subject to
check ..............................................
Commercial certificates of dep o sit. .
Certified ch eck s..................................
Ca.shier’s checks outstanding ..........
S tate monfes on d ep o sit...................
Due to ha.nks and b a n k e rs...............
Sa.vings dep o sits.................................
Sa vings certificates of dep o sit........
"Reserved for taxes, interest, etc. . .
Notes and bills red iscounted..........
Bills payable
...........................

$100,000 00
80,000 00

$100,000 00
80,000 00

$100,000 00
80,000 00

$100,000 00
80,000 00

$100,000 00
80,000 00

9,340 24

10,635 66

16,676 77

21,758 36

28,647 96

410,921 92
50,165 81
638 02

476,620
47,621
138
18

66
00
02
00

410,977 38
59,262 60
1,038 02

347,857 39
75,068 34
341 02

311,997 78
78,436 61
162 95

835 40
371,184 19

404,096 80

406,827 54

421,702 76

419,296 96

T o ta ls............................................ $1,023,085 58 $1,119,130 14 $1,074,782 31 $1,046,727 87

$1,018,542 26


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

STA TE BAN KING D EPA R TM EN T.

38

No. 96.
LUM BERM AN’S STATE BANK, BAY CITY.
Organized Jan u ary 1, 1875.
Corporated existence extended December 28, 1904.
S. O. F i s h e r ,

P r e s id e n t ;

M. J. B i a l y ,

V ic e P r e s id e n t ; A l b e r t

C. B o n e h e r ,

T e lle r .

D i r e c t o r s .— S. O. Fisher, Andrew Weiss, Edwin M. Eddy, P. I. K elton, Mendol J. Bialy, Lee E.

Joslyn, Adam Kolb, Thos. D. Campbell.

Resources.

Loans and discounts:
Commercial d e p a rtm e n t.. . . . . . .
Savings d ep artm en t......................
Bonds, m ortgages and securities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Prem ium acco u n t...............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
Banking h o u se....................................
F urn itu re and fix tu res................... .
Other real e s ta te ................................
Due from other banks and bankers,
not reserve citie s...........................
Item s in tr a n s it..................................
U nited States bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d e p a r tm e n t.....................
Exchanges for clearing house:
Commercial d e p artm en t...............
Savings d ep artm en t.......................
U. S. and N ational bank currency:
Commercial d ep artm en t...............
Savings d e p a rtm e n t.................... .
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial departm ent
Savings d ep artm en t.......................
Nickels and cents:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Checks and other cash ite m s...........
T o ta ls ..........................................
Liabilities.
Capital stock paid i n .......................
Surplus fu n d .......... .............................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................
Dividends u n p a id ..............................
Commercial deposits subject to
check ...............................................
Commercial certificates of deposit.
Certified ch eck s..................................
Cashier’s checks o u tstan d in g ..........
State monies on d ep o sit...................
Due to banks and b a n k e rs...............
Savings deposits.................................
Savings certificates of dep o sit.........
Reserved for taxes, interest, etc. .
Notes and bills red iscounted..........
Bills n a v a b le .......................................
T otals.-.........................................


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

R eport of
R eport of
R eport of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, ’09 Mar. 29, ’10. June 30, ’10 Sept. 1, ’10.

$335,125 22

$359,864 94

$336,425 93
45,921 07

$309,935 69
38,955 36

$291,154 79
43,625 77

132,407 50

96,978 33

99 923 33

131,232 83

132,986 16

330 00

310 00

285 00
1,443 01

252 00
185 90

252 00
1,385 96

10,000 00
3,000 00

10,000 00
3,000 00

10 000 00
3,000 00

1,389 42

4,458 86

3,000 00

3,000 00

4,486 27

4,285 82

4,285 82

5,688 13

5,688 13

1,057 72

97 00

814 09

7,942 58

25 00

39,635 80
. 13,000 00

55,183 51
5,000 00

39,434 60
15,000 00

36,730 14
20,000 00

35,859 50
20,000 00

21,476 00
10,000 00

21,207 00
20,000 00

15,465 00
10,000 00

29,855 00
10,000 00

12,969 00
10,000 00

990 00

2,235 00

4,440 00

4,010 00

5,555 00

1,394 70

2,641 50

1,643 30

5,000 00

2,831 48

66 24

396 09

109 06

5,033 28

306 44

29 66

9,941 29

8,289 43

$573,012 27

$585,902 62

$588,477 24

$614,424 78

$578,110 74

$50,000 00
10,000 00

$50,000 00
10,000 00

$50,000 00
10,000 00

$50,000 00
10,000 00

$50,000 00
10,000 00

1,783 38

2,758 12

4,339 77

186,520 04
170,059 24

177,589 12
179,114 06

163,264 38
188,060 31

185,879 58
200,158 42

165,856 74
187,428 70

154,649 61

166,440 72

172,812 78

168,386 78

164,825 30

$573,012 27

$585,902 62

$588,477 24

$614,424 78

$578,110 74

STATE BANKS OF MICHIGAN.

39

No. 17.
P E O P L E ’S SAVINGS BANK, BAY CITY.
Organized December 27, 1888.
F r e d M o h r , P r e s id e n t ; E. T. C a r r in g t o n , V ic e P r e s id e n t ; T. R. S h a v e r , C a s h ie r .
D i r e c t o r s .— Fred Mohr, E. T. Carrington, Curtis E. Pierce, Thomas Walsh, T. R. Shaver.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds m ortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
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..................................
United States bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Exchanges for clearing house:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
U. S. and National bank currency:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Checks and other cash ite m s...........
T o tals............................................
Liabilities.
Capital stock paid i n .........................
Surplus fu n d s......................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................
Dividends u n p a id ..............................
Commercial deposits subject to
ch e c k .................................................
Commercial certificates of d ep o sit. .
Certified ch eck s..................................
Cashier’s checks o u tstan d in g ...........
S tate monies on deposit...................
Due to banks and b an k ers...............
Savings deposits.................................
Savings certificates of deposit........
Reserved for taxes, interest, e tc ..
Notes and bills rediscounted........ ..
Bills p ay ab le........................................
T o tals............................................


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

Report of
Report of
R eport of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, '10. June 30, ’10. Sept. 1, ’10.

#148,958 20
65,892 95

$139,335 37
7,500 00

$157,253 63
51,254 24

411,427 93

494,360 70

8,400 44
100 34

9,670 21
100 07

490,390 49
.
10,716 49
273 50

25,000 00
3,000 00

25,000 00
3,000 00

5,994 84

$162,607 73
72,248_06

sn s .io sH i
62,678^48

20,012 50
505,327 55

20,012 50
519,603135

10,365 14
168 34

11,072713
103196

25,000 00
3,000 00

25,000 00
3,000 00

25,000 00
3,000 00

5,471 28

5,471 28

5,288 97

5,288 97

461 52

220 23

756 35

503 85

935 75

30,982 41
131,844 06

25,415 54
97,285 59

62,128 95
84,688 30

21,513 63
74,967 57

15,546 11
83,106 27

3,000 00

4,198 83

2,846 16

10,943 93

5,273 18

75,732 00
1,600 00

32,280 00
22,000 00

25,430 00
33.000 00

18,184 00
33.000 00

10,500 00
39.000 00

29,240 00

10,027 50
23,000 00

19,210 00
11.000 00

2,570 00
25.000 00

6,200 00
19.000 00

1,056 05
49 15

1,307 30
300 00

1,120 25
400 00

890 85
1,000 00

990 00
1,000 00

897 95

906 78
23 43

819 72
69 96

529 66
495 08

123 52
154 76

#944,478 69

$901,402 83

$984,829 32

$993,616 86

#1,006,697 39

#50,000 00
15,000 00

$50,000 00
20,000 00

$50,000 00
20,000 00

$50,000 00
20,000 00

$50,000 00
25,000 00

5,849 04

442 67
6 00

2,638 55
6 00

9,744 03
6 00

2,360 22
12 00

254,124 27

165,207 62

230,659 60

191,463 43

193,678 98

290 85

3,079 43

5 69

524,012 38
95,202 15

8,527 18
553,022 36
101,117 57

567,330 03
114,189 45

596,708 64
125,694 76

614,539 19
121,075 80

#944,478 69

$901,402 83

$984,829 32

$993,616 86

$1,006,697 39

840 85

31 20

©

\

40

STATE BANKING D EPA R TM EN T.
No. 2.
BELDING SAVINGS BANK, BELDING.
Organized Jan u ary 15, 1889.
H. J. L e o n a r d ,

P r e s id e n t ;

A. N. B e l d i n g ,
W. H . A n g e l l ,

V ic e P r e s id e n t ; W .
A s s i s t a n t C a s h ie r .

S. L a jm b e r t s o n ,

C a s h ie r ;

D i r e c t o r s .— H. J. Leonard, A. N. Belding, W. P. H etherington, M. M. Belding, Jr., E. E. Chappie,

N. C. Spicer, E. C. Loyd, W. S. Lam bertson.

Report of
Report of
Report of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds, mortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
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..................................
United States bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d e p a r tm e n t.....................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
U. S. and National bank currency:
Commercial d e p a rtm e n t.......... I .
Savings d e p a r tm e n t.....................
Gold coin:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................

$84,105 09
52,159 77

$82,364 85
45,467 40

$81,194 39
51,391 81

$96,703 70
55,884 00

$89,127 90
51,731 21

114,070 76

125,940 76

2 ,0 0 0 00
127,571 10

2,000 00
129,959 10

2,000 00
131,137 44

' 783 78

1,200 63

489 30

1,843 74

128 25

8,575 00
2,000 00

8,575 00
2,000 00

8,575 00
2,000 00

8,575 00
2,000 00

8,575 00
2,000 00

1,155 00

1,525 50

718 62

1,325 02

100 00

12,373 51
17,820 36

4,662 08
23,215 65

16,913 42
22,324 63

24,419 06
18,939 17

19,247 94
10,567 53
904 25

3.000 00
4,437 00

5,806 00
2,167 00

2,441 00
1,245 00

3,616 00
2,000 00

2,764 00
2,000 00

5.000 00
6,126 00

225 00
11,001 00

11,053 50

11,058 50

11,201 00
1,379 45
800 00

Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Checks and other cash ite m s..........

1,223 00
1,628 95

2,039 85

1,356 30

1,882 70
888 00

65 51
175 65
1,436 49

229 35
07
700 51

280 20
15
2,534 65

324 03
89’
1,876 84

T o tals............................................

$316,135 87

$317,120 65

$332,089 07

$363,295 75

$334,221 44

$25,000 00
20,000 00

$25,000 00
20,000 00

$25,000 00
20,000 00

$50,000 00
10,000 00

$50,000 00
10,000 00

5,130 74

4;834 79

5,835 86

2,531 02
1,500 00

2,898 73

65,988 49
3,598 15

53,929 90
5,564 08

60,642 36
7,024 66

76,940 07
2,515 00
400 00

61,028 55
2,415 00

56,206 43
140,212 06

57,740 89
150,050 99

62,231 66
151,354 53

61,630 09
157,119 57
660 00

58,797 15
148,713 29
368 72

$316,135 87

$317,120 65

$332,089 07

$363,295 75

$334,221 44

Liabilities.
Capital stock paid i n .......................
Surplus funds.*....................................
Undivided profits, less losses, cur­
rent 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. .
Certified ch eck s..................................
Cashier’s checks o utstanding..........
State monies on d ep o sit...................
Due to banks and b an k ers...............
Savings deposits.................................
Savings certificates of d ep o sit........
Reserved for taxes, interest, etc. . .
Notes and bills rediscounted...........
Bills p a y a b le .......................................
T o tals..................


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

,...

351 94
73 26
132 27

STATE BANKS OF MICHIGAN.

41

No. 159.
P E O P L E ’S SAVINGS BANK OF BELD IN G, BELD IN G.
Organized May 12, 1893.
E. R. S p e n c e r ,

R. C h a s e , V ic e P r e s id e n t ; W. L. C u s s e r , C a s h ie r ;
A m b r o s e S p e n c e r , A s s i s t a n t C a s h ie r .

P r e s id e n t ; F r a n k

D i r e c t o r s .— E. R. Spencer, B rinton F. Hall, F rank R. Chase, Charles Eddy, W. H. Locke, George

Hoppough, H. L. Page, F rank L. Moon, W. L. Cusser, John Greenop, Jno. G. Hessler, Jno. D. Camp­
bell.
Resources.

Loans and discounts:
Commercial d ep artm en t...........
Savings d e p a rtm e n t... .............
Bonds, m ortgages and securities:
Commercial d ep artm en t...........
Savings d ep artm en t..................
Prem ium acco u n t...............................
O v e rd ra fts ..........................................
E xpenses, interest and taxes paid,
exceeding earnings.........................
Banking h o u se....................................
F u rn itu re and fix tu res.....................

R eport of
Report of
Report of
Report of
Report of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$93,628 92
65,000 00

$147,660 70
25,188 78

$162,585 63
17,602 03

$175,937 69
11,827 03

$186,208 34
4,206 42

76,048 84

78,741 04

74,230 04

74,550 69

71,408 53

4,439 88

2,954 42

3,896 88

1,931 53

1,080 37

8,000 00

SJ)00 00

3,551 40

3,551 40

SJIOO 00
3,600 40

#

8,000 00

8,000 00

3,551 40

3,551 40

O ther real e s ta te ................................
5,712 50
Due from other banks and bankers,
not reserve cities....................................................
Item s in tr a n s it..................................
4,446 73
U nited States bonds:
Savings d e p a rtm e n t...............................................

5,712 50

6,212 50

6,212 50

6,212 50

5,664 71

1,188 60

''27886'

2;321 93

5,487 81
15,000 00

18,754 54
10,000 00

19,949 90
10,036 99

23,739 68
10,074 85

12,216 23
10,100 24

2,374 43

1,322 25

3,340 20

6,435 65

5,643 96

6,425 00

3,865 00
1,025 00

6,979 00
2,100 00

1,836 00

6,073 00
600 00

2,957 00
8,000 00

7,362 00
4,000 00

2,000 00

10,107 00
500 00

2,138 45

869 40
340 00

616 10
9 92

1,218 75
140 32

1,173 50
80 00

177 71

199 12
3 66
369 09

206 60

235 70

72 25

35 25

656 87

228 73
9 29

$303,418 42

$325,178 61

$331,903 04

$338,889 52

$329,770 44

$35,000 00

$35,000 00

$35,000 00

$35,000 00

$35,000 00

10,000 00

10,000 00

10,000 00

10,000 00

10,000 00

1,525 07

2,813 09

1,265 39

2,307 56

2,241 64

43,189 17
47,725 79

40,564 87
113,502 17

45,583 58
132,075 09

66,571 34
125,430 35

43,587 19
142,062 43

34,012 09
131,966 30

40,462 08
82,836 40

41,286 81
66,692 17

40,597 54
58,982 73

37,170 84
49,708 34

$303,418 42

$325,178 61

$331,903 04

$338,889 52

$329,770 44

Due from banks in reserve-cities:
Commercial d ep artm en t...........
Savings d ep artm en t...................
Exchanges for clearing house:
Commercial d e p artm en t...........
Savings d ep artm en t...................
U. S. and National bank currency:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d e p a rtm e n t. .
Savings d ep artm en t..........
Nickels and cents:
Commercial d e p artm en t. .
Savings d ep artm en t..........
Checks and other cash items
Totals.
Liabilities.
C apital stock paid i n .......................
Surplus fu n d ............................... ..
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a i d ...................................................
D ividends u n p a id ..............................
Commercial deposits subject to
Check.................................................
Commercial certificates of dep o sit.
Certified ch eck s................... ..............
C ashier’s checks o u tstan d in g ..........
S tate monies on d ep o sit...................
Due to banks and b a n k e rs...............
Savings deposits.................................
Savings certificates of deposit.........
Reserved for taxes, interest, e tc ..
Notes and bills rediscounted ..........
Bills p a y a b le .......................................
Totals

6


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

914 50
10,000 00

1,000 00

9,262 00

10,000 00

STA TE BAN KING D EPA R TM EN T.

42

No. 347.
B E L L A IR E STATE BANK, B EL L A IR E .
Organized A ugust 14, 1906.
F. W. B e c h t o l d ,

P r e s id e n t ;

W m . A. E v a n s ,

V ic e P r e s id e n t ;

W. H. R i c h a r d s ,

C a s h ie r .

D i r e c t o r s .— F. W. Bechtold, Wm. A. Evans, H. L. Richards, W. H. Richards, A. T. Slaght.

Resources.

Loans and discounts:
Sciving55 departm ent
...............
Bonds m ortgages and securities:
Fom mereiai d ep artm en t...............
Savings departm ent
.................
"Premium a.cconnt
.......................
Overd rafts
......................................
Expenses, interest and taxes paid,
pveeeding pa,mines.........................
Thanking hoi ISP....................................
F urniture and fix tu res.....................
Other real psta.tp ..............................
Due from other banks and bankers,
Ttems i n t ran sit, ................................
U nited States bonds:
Savings department, ...................
Dué from banks in reserve cities:
Font mereiai depa,rtm ent...............
Savings dppa.rtment,
.................
Exchanges for clearing house:
Fommereial departm ent,...............
Savings department,
.................
U. S. and N ational bank currency:
Fommereial depa,rt,ment...............
Savings department,
...........
Gold coin:
Fommereial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Fommereial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Fommereial d ep artm en t...............
Sa,vings department,
.................
Checks and other cash ite m s ...........
T o tals............................................
Liabilities.
Capital stock paid i n .........................
Surplus fu n d s......................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
paid ...............................................
D ividends unpaid
...................
Commercial deposits subject to
check ......................... .....................
Commercial certificates òf dep o sit. .
Certified checks ................................
Cashier’s checks o u tstan d in g ..........
State monies on deposit ...............
Due to banks and b an k ers...............
Savings deposits.................................
Savings certificates of deposit, . . . .
Reserved for taxes, interest, e t c . .
Notes and bills rediscounted...........
Bills p ay ab le........................................
T o tals............................................


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

R eport of
R eport of
R eport of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, TO. Mar. 29, TO. June 30, TO. Sept. 1, TO.

$50,455 69
10,075 00

$62,248 74
16,195 00

$62,824 72
14,165 00

$65,017 85
7,075 00

$64,830 81
3,060 00

14,056 53
14,204 00

12,324 46
14,104 00

10,990 14
15,654 00

5,685 04
20,604 60

5,489 86
21,524 60

105 00
1,163 49

105 00
257 53

105 00
10 85

105 00
297 26

105 00

5,243 79
3,535 87

5,243 79
3,535 87

■ 5,243 79
3,535 87

5,243 79
3,535 87

5,243 79
3,535 98

340 39

340 39

340 39

340 39

340 39

3,000 00

3,000 00

3,000 00

3,000 00

3,000 00

13,329 55

10,189 28

7,331 89

4,744 80

5,670 14

241 00
1,841 00

3,097 00
1,841 00

5,428 00
1,244 00

4,381 00
1,400 00

5,281 00

2,305 00

2,392 50

2,315 00

500 00
2,000 00

120 00
2,380 00

802 70

618 21

814 05
94

1,120 91
13 18

1,107 46
4 76

244 07

179 80

567 21

248 03

$120,995 10

$135,736 84

$133,183 44

$125,631 90

$121,941 71

$20,000 00
2,000 00

$20,000 00
2,500 00

$20,000 00
2,500 00

$20,000 00
2,500 00

$20,000 00
2,500 00

3,943 11

2,439 98

3,373 50

4,385 70

4,461 80

40,143 29
25,909 20

42,337 68
34,850 18

40,549 54
32,617 49

33,208 53
30,683 04

37,100 97
27,682 96

327 95
28,671 55

255 77
33,353 23

78 97
34,063 94

761 85
34,092 78

226 62
29,969 36

$120,995 10

$135,736 84

$133,183 44

$125,631 90

$121,941 71

296 09

43

STATE BANKS OF M ICHIGAN.
No. 219. .
BENTON H A RBO R STATE BANK, BENTON H ARBOR.
Organized December 20, 1899.
H . D . P o o l e , P r e s id e n t ; G. M. V a l e n t i n e , V ic e P r e s id e n t ; M. P . R e s c h , C a s h ie r ;
B . F . W e l l 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 .— I. W. Conkey, H. D. Poole, G. M. Valentine, S. L. VanCamp, M. B. Wells, C. A. Conkey,

M. P. Resch, -D. B. Sutherland, Wm. Wallace, G. H andy.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds, mortgages and securities:
Commereial department.
Savings d e p a rtm e n t......................

R eport of
Report of
R eport of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$170,145 55
113,564 00

$181,236 06
126,979 00

$196,952 08
121,179 00

$227,106 26
104,435 00

$216,978 50
101,195 00

114,456 65

131,811 65

11,000 00
146,956 65

165,176 65

181,851 65

O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings
Banking house
F urniture and fixtures

2,000 09

546 97

1,084 33

2,172 94

1,301 74

Other real estate ..............................
Due from other banks and bankers,
not reserve cities. . .
Item s in tran sit
U nited States bonds:
Savings department,

18,000 00

12,000 00

11,327 00

13,493 00

17,500 00

Due from banks in reserve cities:
Commercial d e p a rtm e n t...............
Savings d e p a r tm e n t.....................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings departm ent
U. S. and National bank currency:
Commercial d e p a rtm e n t...............
Savings department, .. ...............
Gold coin:
Commercial departm ent
Savings departm ent ....................
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings department,
Checks and other cash ite m s...........
T o tals............................................
Liabilities.
Capital stock paid i n .......................
Surplus fu n d s......................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
paid
...............................................
.....................
Dividends unpaid
Commercial deposits subject to
check ...............................................
Commercial certificates of dep o sit. .

Savings deposits
...........................
Savings certificates of dep o sit........
Reserved for taxes, interest, e tc . . .

Tot, a,Is...........................................


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

4,066 44
75 00

142,208 49
84,190 67

96,326 79
55,000 00

72,771 38
35,000 00

53,752 88
35,000 00

84,410 50
45,212 61

5,056 39

4,109 60
1,003 50

2,081 00

1,321 37
2,019 54

8,717 34

6,034 00
13,283 00

11,251 00
9,376 00

16,875 00
5,000 00

10,730 00
15,000 00

3,000 00
4,095 00

2,795 00
4,500 00

3,255 00
5,000 00

9,349 00
13,000 00
*
6,905 00

1,755 25
2,929 85

2,516 85
2,079 00

3,616 70
809 50

616 15
2,000 00

1,272 00
1,500 00

474 21
320 26
402 88

460 42
229 70
150 35

809 39

524 27

800 01

220 36

172 23
87 26
1,736 53

$681,916 29

$642,371 89

$634,517 04

$637,092 42

$703,341 80

$75,000 00
24,000 00

$75,000 00
25,000 00

$75,000 00
25,000 00

$75,000 00
25,000 00

$75,000 00
25,000 00

6,437 37

1,097 28
70 00

2,025 67
10 00

1,506 84
3,760 00

3,524 19
10 00

241,539 41
1,960 29

208,497 87
1,546 92

214,738 46
3,540 18

196,022 34
5,872 78

229,772 37
17,188 72

139 79
111,044 01
221,795 42

180 97
113,797 45
217,181 40

257 58
111,716 20
202,228 95

1,394 27
118,242 89
210,293 30

123,175 36
229,671 16

$681,916 29

$642,371 89

$634,517 04

$637,092 42

$703,341 80

3,535 00
8,000 00

44

STA TE BAN KING D EPA R TM EN T.
No. 76.
FA RM ER S’ AND M ERCHANTS’ BANK, BENTON HARBOR.
Organized February 20, 1888.
J o h n R o b in s o n , P r e s id e n t ; R. M. J o n e s , V ic e P r e s id e n t ; C h a s . F o s t e r , C a s h ie r ;
J a m e s 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 .— John Robinson, R. M. Jones, W. P. Robbins, O. B. Hipp, Edward B rant, R H Sherwood

William Stewart, A. J. Kidd, Charles Foster, T. L. Wilkinson, G. B. Gehlert, W W B uchanan’
W. C. B astar, I. W. Riford, F. S. Hopkins.
'
’
Resources.

Loans and discounts:
Commercial d ep artm en t...........
Savings d ep artm en t..................
Bonds, m ortgages and securities:
Commercial d e p artm en t...........
Savings d ep artm en t..................
Prem ium acco u n t.........................
O verdrafts......................................
Expenses, in terest and taxes paid
exceeding earnings..................
B anking 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 bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...........
Savings d ep artm en t...................
Exchanges for clearing house:
Commercial d e p a rtm e n t...........
Savings d ep artm en t...................
U. S. and National bank currency
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d èp artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d e p a rtm e n t. . .
Savings d e p a r tm e n t..........
Nickels and cents:
Commercial d e p a rtm e n t.. .
Savings d ep artm en t............
Checks and other cash ite m s.
Totals.
Liabilities.
Capital stock paid i n .......................
Surplus fu n d ........................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................
Dividends u n p a id ..............................
Commercial deposits subject to
check .................................................
Commercial certificates of dep o sit.
Certified ch eck s..............................
Cashier’s checks o u tstan d in g . . . .
State monies on d ep o sit...............
Due to banks and b an k ers...........
Savings deposits.............................
Savings certificates of d ep o sit. . .
Reserved for taxes, interest, etc
Notes and bills rediscounted. . . .
Bills p ay ab le...................................
Totals.


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

Report of
R eport of
Report of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, TO Mar. 29, TO June 30, TO. Sept. 1, TO.

$434,965 77
209,358 90

$402,223 84
156,516 64

$387,894 74
127,481 06

$399,246 12
174,424 67

$402,889 27
199,115 17

166,314 77

173,040 45

190,872 45

193,477 45

196,948 45

1,115 80
921 24

1,115 80
424 08

1,115 80
674 72

1,115 80
279 96

1,125 80
147 18

7,200 00
7,000 00

17,200 00
7,000 00

17,200 00
7,000 00

17,200 00
7,000 00

17,200 00
7,000 00

6,310 59

9,621 09

2,463 27

1,639 01

4,959 21

3,200 00

3,200 00

3,200 00

3,200 00

4,200 00

237,546 73
126,314 11

170,477 97
122,506 69

172,489 42
131,508 53

160,640 55
61,178 82

204,929 50
87,920 47

1,963 84

1,548 31

637 06

5,404 31

5,028 70

65,057 00

57,941 00

41,125 00
16,724 00

47,634 00

43,324 00

22,120 00

6,800 00

23,605 00
5,000 00

21,665 00
10,500 00

5,174 65
3,550 00

10,662 45
1,100 00

7,923 35
2,300 00

3,200 00
20,085 00

31,725 00

10,440 50

11,097 50

12,000 00

12,102 00

1,198 14

1,341 91

483 51

425 18

1,250 95
61 81
1,804 91

528 97
111 75
1,207 30

967 76
83 22

,302,675 90 l$l,167,405 46

,141,148 37

,126,656 16

,230,540 18

$125,000 00
62,500 00

$125,000 00
62,500 00

$125,000 00
62,500 00

$125,000 00
62,500 00

$125,000 00
62,500 00

28,348 08

21,038 23

23,<592 68

14,600 26

17,994 06

407,532 39
30,479 50

316,934 15
23,995 68

309,820 88
29,602 75

328,960 15
14,610 60

401,368 76
12,817 73

38
5,000
104,480
200,412
280,901

1,183
5,000
120,631
194,574
259,595

907
5,000
114,263
206,172
284,516

20 62

229 70

123,522 54
213,977 79
311,294 98

94,676 86
213,360 70
309,670 14

$1,302,675 90 $1,167,405 46

10
00
31
41
24

00
00
99
77
39

1,141,148 37 $1,126,656 16

211 10

60
00
13
22
68

1,230,540 18

STATE BANKS OF MICHIGAN.

45

No. 388.
T H E STATE SAVINGS BANK OF BENTON H ARBOR, BENTON H ARBOR.
Organized October 15, 1907.
J o h n E. B a r n e s , P r e s id e n t ; H u m p h r e y S. G r a y , V ic e P r e s id e n t ; W il l ia m E. M a r s h , C a s h ie r .
D i r e c t o r s .—John E. Barnes, H um phrey S. Gray, J. S. Caldwell, Geo. R. Dater, John J. Kinney,

J. N. Klock, W. A. Preston,. P eter Tonnelier, L. L. Filstrup, William E. Marsh, Jam es J. Jahw ay,
ffm . E. Sheffield.
Resources.

Loans and discounts:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Bonds, mortgages and securities:
Commercial d e p artm en t...............
Savings d ep artm en t.......................
Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
Banking h o u se....................................
F urn itu re and fix tu res.....................
Other real e s ta te ................................
Due from other banks and bankers,
not reserve citie s...........................
Item s in tr a n s it..................................
United S tates bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
U. S. and N ational bank currency:
Commercial d e p artm en t...............
Savings d ep artm en t.......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d e p artm en t...............
Savings d ep artm en t.......................
Checks and other cash ite m s..........
T o tals............................................
Liabilities.
Capital stock paid i n .......................
Surplus fu n d .. .....................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................
Dividends u n p a id ..............................
Commercial deposits subject to
ch eck .................................................
Commercial certificates of deposit.
Certified ch eck s..................................
Cashier’s checks o u tstan d in g ...........
State monies on d ep o sit: .................
Due to banks and b an k ers...............
Savings d e p o s i t s ..............................
Savings certificates of dep o sit........
Reserved for taxes, interest, etc. .
Notes and bills rediscounted..........
Bills p ay ab le........................................
T o tals............................................


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

R eport of
R eport of
R eport of
Report of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$137,000 17
28,478 43

$135,056 43
23,884 42

$138,384 41
27,153 54

$144,654 77
31,450 01

$144,568 26
33,254 07

14,998 25

20,174 45

17,764 45

2,000 00
26,315 00

22,515 00
' 1,702 57

115 92

623 88

451 49

147 80
308 73

5,920 30

5,920 30

5,841 70

5,800 00

5,800 00

1,787 65
367 92

923 37
25 00

1,342 29

859 20

2,832 10

23,605 84
9,010 00

14,430 94
15,176 00

30,496 89
10,812 28

18,513 08
6,505 14

27,042 79
13,506 80

2,646 36

1,886 71

660 21

2,184 62

1,572 25
630 00

3,472 00
1,460 00

4,391 00
6,628 00

9,926 00
1,740 00

11,175 00
3,124 00

6,626 00
10,122 00

2,305 00
1,900 00

460 00
800 00

477 50
1,500 00

1,437 50
1,000 00

542 50
1,175 00

1,080 20
290 40

690 80
457 25

1,697 70
354 50

1,700 60
247 40

1,422 70
2,432 00

354 75
46 23
537 78

259 30
188 43
656 29

160 43
33 61
581 68

311 81
16 54
823 51

123 43
439 76
287 13

$235,377 20

$232,632 57

$249,378 68

$258,574 71

$276,594 36

$50,000 00

$50,000 00
500 00

$50,000 00
500 00

$50,000 00
750 00

$50,000 00
750 00

2,680 05

748 23

1,275 71

324 86

526 43

102,655 09

87,178 80

115,246 52

109,592 13
2,000 00
5 00

110,073 77
4,500 00
5 00

23,855 75
24,668 60
31,514 71

26,896 99
28,185 99
39,122 56

5,000
17,998
29,257
30,100

00
07
72
66

2,500
24,744
33,255
35,402

00
63
78
31

2,500
24,164
42,103
41,970

00
53
96
67

, .......: ........
$235,377 20

$232,632 57

$249,378 68

$258,574 71

$276,594 36

STA TE BAN KING D EPA R TM EN T.

46

No. 448.
T H E B E R L IN STATE BANK, B ER L IN .
Organized Jan u ary 21, 1910.
G e o . W . B e v i n s , P r e s id e n t ; F e e d M. R a y m o n d , V ic e P r e s id e n t ; E l t o n G. B e v i n s , C a s h ie r .
D i r e c t o r s .— Geo. W. Bevins, Fred M. Raym ond, E lton G. Bevins, William Walsh, Willis Buck,

Charles P. Goodenow, William J. H anna.

Resources.

R eport of
R eport of
R eport of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

Loans and discounts:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Bonds, mortgages and securities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid
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..................................
United States bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d ep artm en t.......................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
U. S. and National b ank currency:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Gold coin:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Silver coin:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Nickels and cents:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Checks and other cash ite m s...........
T o tals............................................
Liabilities.
Capital stock paid i n ................... .. .
Surplus fund..*....................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................
Dividends u n p a id ..............................
Commercial deposits subject to
ch eck .................................................
Commercial certificates of deposit.
Certified ch eck s..................................
Cashier’s checks o u tstan d in g ..........
State monies on d ep o sit...................
Due to banks and b an k ers...............
Savings d ep o sits.................................
Savings certificates of d ep o sit........
Reserved for taxes, interest, etc. . .
Interest, discount and exchange. . .
Notes and bills redisco unted...........
Bills p ay ab le........................................
T o tals............................................


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

$6,590 02

$6,323 98

1,900 00

9,457 92

360 60
391 50
219 31

735 40
1,911 49
220 76

251 20

250 45

17,381 83
2,000 00

11,252 89
4,000 00

1,897 00
1,100 00

1,227 00
1,000 00

455 00

882 50

254 50

225 35

22 23

24 14

503 33

774 33

$33,326 52

$38,286 21

$15,112 00

$18,470 00

8,667 32

8,278 32

4,068 76
5,299 89

4,748 71
6,497 50

178 55

291 68

$33,326 52

$38,286 21

v

47

STATE BANKS OF MICHIGAN.
No. 416.
T H E B E R R IE N SPR IN G S STATE BANK, B E R R IE N SPR IN G S.
Organized October 21, 1908.

W m . H. S y l v e s t e r , P r e s id e n t ; I r a R. S t e m m , E. F. G a r l a n d , V ic e P r e s id e n t s ; C. M. N i l e s , C a s h ie r .
D i r e c t o r s . — Wm. H. Sylvester, Ira R. Stemm, Jam es D. Boone, Wm. E. Marsh, E. F. Garland,

H. S. Gray, Jno. E. Barnes, J. N. Klock, J. F. Carter, C. M. Niles.

Report of
Report of
R eport of
Report of
Report of
Nov. 16, '09. Jan. 31, TO. Mar. 29, TO. June 30, TO. Sept. 1, TO.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a r tm e n t.....................
Bonds, m ortgages and securities:

$44,676 66

$50,320 46

$44,944 77
17,255 00

$50,922 84
10,382 20

$55,214 56
13,330 00

Savings departm ent,.......................

65,820 50

66,752 46

58,234 96

69,054 94

69,441 37

109 72
2,395 06

59 00
2,013 76

59 00
2,285 09

34 00
1,515 58

971 94

4.500 00
1.500 00

4.500 00
1.500 00

4.500 00
1.500 00

4.500 00
1.500 00

4.500 00
1.500 00

17,567 80
20,979 20

8,081 42
12,542 93

5,160 64
18,951 50

16,179 68
18,161 15

286 00

200 98

O v erd rafts............................................
Expenses, interest and taxes paid,
exceeding earnings
. . . ...........
B anking h o u se................... ..
F u rn itu re and fixtures .............; .
Due from other banks and bankers,

50 00
U nited States bonds:
Savings department,

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

Due from banks in reserve cities:
Commercial d e p a rtm e n t...............
Savings department, ...................
Exchanges for clearing house:
Savings department,

19,427 66
19,449 73

.........

U. S. and N ational bank currency:
Commercial d e p a rtm e n t...............
Sa.vinffs d e p a rtm e n t......................
Gold coin:
Commercial depa.rtm ent...............
Savings d e p a rtm e n t.......................

1,595 00
4.000 00

4.000 00
6.000 00

3,000 00
3,500 00

1,000 00
3,000 00

1,600 00
4,000 00

895 00
1.000 00

500 00
1,700 00

400 00
800 00

700 00
800 00

800 00
1,300 00

89 30
350 00

200 00
100 00

60 00
378 00

100 00
300 00

300 00
220 00

55 14
60
286 20

45 56
20 00
115 08

5 12
31 16
94 77

39 01

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

108 59

110 90
4 30
63 00

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

$166,200 57

$176,373 32

$157,672 22

$168,355 30

$187,897 88

$20,000 00

$20,000 00
200 00

$20,000 00
200 00

$20,000 00
200 00

$20,000 00
200 00

1,112 63

197 45

301 92

Commercial deposits subject to
Check .............................................

53,215 60

61,256 93

43,310 17

43,014 91

57,529 56

Tine f.o hanks and ha.nkers...............
Savings deposits.................................
Savings certificates of d e p o s it.........

965 34
9,200 03
81,706 97

102 20
15,621 47
78,995 27

618 08
14,659 79
78,582 26

1,606 06
15,943 27
86,663 96

1,149 66
17,371 07
90,385 75

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

$166,200 57

$176,373 32

$157,672 22

$168,355 30

$187,897 88

Silver coin:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Nickels and cents:
Commercial d e p a rtm e n t...............

Liabilities.
Capital stock paid i n .......................
Surplus fund ....................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
paid
.............................................


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

927 10 .

1,261 84

STA TE BAN KING D EPA R TM EN T.

48

No. 259.
BIG R A PID S SAVINGS BANK, BIG R A PID S.
Organized May 1, 1902.
W . N. F e r r i s , P r e s id e n t ; C. D . C a r p e n t e r , V ic e P r e s id e n t ; L e R o y W i l l , C a s h ie r .
D i r e c t o r s .— W. N. Ferris, C. D . Carpenter, E. C. Newcombe, S. J. Throp, J. J. H enderson,

A. K. H anchett, A. Broomfield, A. B. K napp, J. K. Brower, Wm. Baston.

Resources.

Loans and discounts:
Commercial d ep artm en t...........
Savings d e p a rtm e n t..................
Bonds m ortgages and securities:
Commercial d ep artm en t...........
Savings d e p a rtm e n t..................
Prem ium a c c o u n t..............................
O verdrafts............................................
E xpenses, interest and taxes paid
exceeding earnings.........................
Banking h o u se....................................
F urniture and fix tu res.....................

Report of
Report of
R eport of
R eport of
R eport of
Nov. 16, ’09 Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

180,444 84
56,031 66

$81,807 86
52,917 89

$99,616 19
34,612 69

$115,081 03
29,638 79

$122,730 76
22,734 33

10,000 00

112,019 56

111,914 67

117,429 67

124,176 74

13,000 00
119,311 4L

802 22
145 08

802 22
88 63

773 54
332 53

773 54
26 47

773 54
241 42

2,080 94

1,872 85

1,872 85

1,872 85

1,872 85

1,400 00

865 13

19,476 24
10,896 54

37,541 84
15,916 79

49,106 32
17,197 91

28,387 85
15,381 29

16,508 35
14,419 03

2,597 00
16,665 00

3,783 00
8,010 00

4,000 00
3,264 00

5,273 00
5,713 00

8,104 00
8,035 00

835 00
3,160 00

800 00
3,755 00

2,415 00
3,000 00

1,845 00
2,115 00

2,190 00
1,605 00

1,360 00
103 00

1,879 00
275 00

817 00
1,180 00

1,443 50
474 25

1,504 45
1,400 45

224 22
5 76
726 38

190 66
25 25
1,102 66

72 17
26 70
268 63

100 19
40 71
1,154 98

301 06
74 55
1,020 34r

$307,573 44

$324,083 32

$336,850 33

$343,498 19

$335,882 07

$25,000 00
5,500 00

$25,000 00

$25,000 00
6,000 00

$25,000 00

6,000 00

6,000 00

$25,000 00
6,500 00

6,344 72

7,065 76
80 00

9,588 18

8,608 60

1,587 65

06
05
00
50

67,667 70
35,604 44

65,589 18
53,131 09

58,972 14
66,590 76

53,104 21
74,278 99

10 85

57 37

13 37

57 88

160,514 61
33,645 50

156,536 69
26,117 88

158,610 63
18,873 88

166,483 89
11,829 43

162,901 73
5,451 61

$307,573 44

$324,083 32

$336,850 33

$343,498 19

$335,882 07

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 bonds:
Savings d e p a rtm e n t......................
Due from banks in-reserve cities:
Commercial d ep artm en t...........
Savings d e p a rtm e n t..................
Exchanges for clearing house:
Commercial d ep artm en t...........
S avings-departm ent..................
U. S. and National bank currency:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d epartm ent. . .
Savings d e p a rtm e n t...........
Nickels and cents:
Commercial d epartm ent. . .
Savings d e p a rtm e n t...........
Checks and other cash ite m s.
Totals.
Liabilities.
Capital stock paid i n .................
Surplus fu n d ..................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...............................................
Dividends u n p a id ..........................
Commercial deposits subject ’ to
ch eck ............................................
Commercial certificates of deposit
Certified checks.......................
Cashier’s checks o u tstan d in g . . . .
State monies on deposit...............
Due to banks and b an k ers...........
Savings d e p o s its ............................
Savings certificates of d ep o sit. . .
Reserved for taxes, interest, etc
Notes and bills rediscounted. . . .
Bills p ay ab le...................................
Totals.


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

54,020
22,538
5
5

55 50

STATE BANKS OF MICHIGAN.

49

No. 248.
C IT IZ EN S’ STATE BANK, BIG RA PID S.
Organized Septem ber 28, 1901.
G e o . A. W e i g h t , P r e s id e n t ; F . E . H o o d , V ic e P r e s id e n t ; D . C. M o e h il l , C a s h ie r ;
F . A. A s h l e y , A s s i s t a n t C a s h ie r .
D i e e c t o e s .— G. A. W right, E . W. H udnutt, Wm. Hugh, G . F. Fairm an, Jos. Barton, W. T. Dodge ,
D. C. Morrill, W. E . Bailie, F. E . Hood, C. W. Doe, L. F. B ertran.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds, mortgages and securities:
Commercial ‘d ep artm en t...............
Savings d e p a rtm e n t......................
Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
Banking ho 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..................................
United States bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d e p artm en t...............
Savings d ep artm ent......................
Exchanges for clearing house:
Commercial d ep artm en t...............
Savings d ep artm en t......................
U. S. and N ational bank currency:
Commercial d e p artm en t...............
Savings d ep artm ent......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t........... f . . . .
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Checks and other cash ite m s...........
T o tals..........................................
Liabilities.
Capital stock paid i n .......................
Surplus fu n d s......................................
Undivided profits, less losses, cur­
rent 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. .
Certified ch eck s..................................
Cashier’s checks outstanding..........
State monies on d ep o sit...................
Due to banks and b an k ers...............
Savings deposits.................................
Savings certificates of deposit........
Reserved for taxes, interest, etc. ..
Notes and bills rediscounted..........
Bills p a y a b le .......................................
T o tals............................................

7


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

Report of
Report of
R eport of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

1204,746 09
70,564 51

$193,805 03
47,387 86

$187,897 57
72,909 24

$183,595 22
83,827 55

$171,521 74
115,652 78

153,777 16

160,217 16

163,802 16

168,347 31

167,027 31

62 15

140 89

215 57

406 21

793 83

10,000 00
6,000 00

10,000 00
5,500 00

10,000 00
5,500 00

10,000 00
5,500 00

10,000 00
6,200 00

1,309 48

1,821 56
2,570 09

1,386 47
722 45

533 91
541 16

1,712 40

9,389 92
19,424 43

16,926 19
48,407 59

20,525 50
40,029 21

27,675 20
39,107 25

17,565 50
42,122 19

7,151 00
12,178 00

8,000 00
8,590 00

8,000 00
7,208 00

6,000 00
18,814 50

5,000 00
11,601 00

3,615 00
6,150 00

2,000 00
10,432 50

5,000 00
4,742 50

2,000 00
10,070 00

9,082 50

1,687 00
2,872 71

2,500 00
2,863 85

3,185 55
1,500 00

1,700 00
4,459 90

528 72
4,762 13

165 73
130 19
489 56

289 10
170 21
1,184 60

168 34
195 99
2,680 69

232 57
119 58
2,435 64

234 91
2,591 70

$509,712 93

$522,812 63

$535,669 24

$565,366 00

$566,396 71

$50,000 00
8,000 00

$50,000 00
10,000 00

$50,000 00
10,000 00

$50,000 00
10,000 00

$50,000 00
10,000 00

14,482 05

10,999 64

12,690 78

10,260 37
1,888 00

10,724 14
28 00

' «

........

121,413
48,479
333
10

96
83
30
34

133,739
36,034
16
12

75
82
00
46

137,101
29,582
16
14

35
34
00
30

149,573
17,786
16
6

49
05
00
81

136,093
6,819
30
23

56
92
65
07

1,896 45
124,795 99
140,301 01

3,940 79
129,129 87
148,939 30

5,877 37
133,386 28
157,000 82

1,089 19
145,461 21
179,284 88

2,194 55
158,842 43
191,640 39

$509,712 93

$522,812 63

$535,669 24

$565,366 00

$566,396 71

STATE BAN KING D EPA R TM EN T.

50

No. 411.
T H E FIR ST STATE SAVINGS BANK OF BIRMINGHAM , BIRMINGHAM .
Organized Septem ber 15, 1908.
F r a n k F o r d , P r e s id e n t

F r a n k H a g e r m a n , V ic e P r e s id e n t ; T h o m a s H . C o b b , C a s h ie r .

D i r e c t o r s . — F rank Ford, F rank Hagerm an, Thomas H. Cobb, F rank Schlaack, W. W. Masters,

T.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d ep artm en t......................
Bonds, m ortgages and securities:
Commercial d ep artm en t. . . . . . . .
Savings d ep artm en t.......................
Prem ium acco u n t...............................
O v erd rafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
Banking h o u se....................................
F urniture and fixtures. . . ...............

B. Sm ith, W. B. Harris.

R eport of
R eport of
R eport of
Report of
R eport of
Nov. 16, ’09. Jan. 31, TO. Mar. 29, TO. June 30, TO. Sept. 1, TO.

$73,017 64
15,200 00

$74,948 89
11,800 00

$89,773 43
15,145 47

$96,143 19
16,356 58

$81,663 66
22,513 46

33,090 00

34,529 00

45,880 70

65,168 65

71,811 65
125 51

3,500 56

3,570 00

3,570 00

3,570 00

3,570 00

5,725 98
8,000 00

16,492 96
8,000 00

11,505 68
8,000 00

15,468 85
8,000 00

9,016 08
10,500 00

3,478 00
4,700 00

2,523 00
3,500 00

2,982 00
4,000 00

4,209 00
4,700 00

2,549 00
6,000 00

1,637 50

770 00

842 50

1,692 50

2,412 50

575 00

596 00

669 60

1,012 60

504 90

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 bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings departm ent. ...................
Exchanges for clearing house:
Commercial d ep artm en t...............
Savings d ep artm ent.......................
U. S. and National bank currency:
Commercial d e p artm en t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Savings d ep artm en t.......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d ep artm en t.......................
Checks and other cash ite m s...........
T o tals............................................
Liabilities.
Capital stock paid i n .......................
Surplus fu n d ........................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................
Dividends u n p a id ..............................
Commercial deposits subject to
check ...............................................
Commercial certificates of deposit.
Certified ch eck s..................................
Cashier’s checks o u tstan d in g ...........
State monies on d ep o sit...................
Due to banks and b an k ers...............
Savings deposits.................................
Savings certificates of deposit........
Reserved for taxes, interest, e t c . .
Notes and bills rediscounted...........
Bills p a y a b le .......................................
T o tals............................................


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

126 31

92 52

94 80

115 58

128 05

606 24

572 12

2,037 28

1,120 2Ó

242 05

$149,657 23

$157,394 49

$184,501 46

$217,557 15

$211,036 86

$20,000 00

$20,000 00
200 00

$20,000 00
200 00

$20,000 00
200 00

$20,000 00
200 00

612 15

338 30

373 04

833 49

1,220 00

13,995 00
54,016 83

20,997 55
57,427 90

17,540 76
74,431 10

31,478 56
67,241 01
600 00

22,807 37
57,320 41
64 33

61,033 25

58,430 74

71,956 56

79,055 28
18,148 81

87,162 65
22,262 10

$149,657 23

$157,394 49

$184,501 46

$217,557 15

$211,036 86

STATE BANKS OF MICHIGAN.

51

No. 163.
T H E B LISSFIE LD STATE BANK, B LISSFIE LD .
Organized May 31, 1893.
A. D. E l l i s ,

P r e s id e n t ; W il l ia m R o t h f u s s , V ic e P r e s id e n t ;
W. C. F u r m a n , A s s i s t a n t C a s h ie r .

L. H. R o t h f u s s ,

C a s h ie r ;

D i r e c t o r s .— A. D. Ellis, A. D. Gilmore, Geo. F. Ford, H. B. H athaw ay, Wm. Rothfuss,

Geo. W. D avenport, L. H. Rothfuss.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......... ............
Bonds, m ortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceedine: earnings.........................
Banking hoiise....................................
F urniture and fix tu res.....................
O ther real estate ..............................
Due from other banks and bankers,
not reserve citie s............................
Item s in tr a n s it..................................
U nited States bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Exchanges for clearing house:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
U. S. and N ational b ank currency:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings departm ent
.................
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Checks and other cash ite m s...........
T o tals............................................
Liabilities.
Capital stock paid i n .........................
Surplus f u n d ......................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
paid
...............................................
Dividends u n p a id ..............................
Commercial deposits subject to
check ...............................................
Commercial certificates of d e p o sit. .
C!er ti fie d ohe o k s..................................
f!ashler’s checks outstanding;...........
State monies on deposit...................
Due to hanks a,nd b a n k e r s ...............
Savings deposits.................................
Savings certificates of d e p o s it........
■Rpqprvcd for ta.xes, in terest, etc. .
Notes and hills red isco u n ted ...........
Bills p a y a b le ......................................
T o ta ls............................................


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

R eport of
R eport of
Report of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, TO. Mar. 29, TO. June 30, TO. Sept. 1, TO.

892,660 54
35,486 13

$102,718 93
28,161 13

$102,338 14
36,580 00

$89,324 89
30,871 07

$96,677 38
31,184 82

106,630 00

109,520 00

113,920 00

122,564 75

131,914 75

1,771 24

207 10

204 45

147 48

100 53

5,432 65
2,317 35

5,432 65
2,317 35

5,432 65
2,317 35

5,432 65
2,317 35

2,551 58

2,551 58

2,525 68

2,525 68

2,525 68

6,845 11
38,639 16

7,764 50
24,147 30

9,720 71
26,209 57

16,778 87
43,603 24

8,395 38
39,896 31

3.500 00
4,065 00

4.500 00
7,355 00

5,025 00
5,120 00

5,325 00
6,689 00

5,000 00
8,275 00

3.500 00
2,025 00

4.500 00
975 00

3,175 00
2,000 00

2,500 00
2,800 00

3,500 00
1,550 00

780 00

558 00

665 00

690 00

790 00

44 12
55 00

45 85
76 42

63 63
830 89

18 59
612 21

30 91
25 00

$306,302 88

$300,830 81

$316,128 07

$332,200 78

$336,865 76

$20,000 00

$20,000 00

$20,000 00

$20,000 00

$20,000 00
5,000 00

6,468 10'

4,718 61

7,685 85

7,864 93

2,074 03

67,372 63
49,163 10

53,143 30
57,406 51

45,288 92
64,701 63

49,716 54
'54,559 21

52,281 65
53,143 28

163,299 05

165,562 39

178,451 67

200,060 10

204,366 80

$306,302 88

$300,830 81

$316,128 07

$332,200 78

$336,865 76

*

5,000 00
2,000 00

52

STATE BAN KING D EPA R TM EN T.
No. 221.
T H E JIPSO N -C A R TER STATE BANK, B LISSFIE LD .
Organized March 1, 1900.

W. C. J i p s o n ,

P r e s id e n t ;

C. E. H o w l a n d , J o h n J. W a l p e r , V ic e P r e s id e n t s ; C h a s . L. K i n g ,
J. G. B a u e r , A s s i s t a n t C a s h ie r .

C a s h ie r ;

D i r e c t o r s .— W. C. Jipson, C. E. Howland, J. C. H olt, H. E. Morrow, John J. Walper, R. M. Eccles,

Chas. L. King, J. G. Bauer, W. H. Burns.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds mortgages and securities:
Commercial d e p artm en t...............
Savings d e p a rtm e n t......................
Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earn in g s.........................
Banking h o u se ....................................
F u rn itu re and fix tu res.....................
Other real e s ta te ................................
D ue from other banks and bankers,
not reserve c ities...........................
Item s in tr a n s it..................................
U nited States bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Exchanges for clearing house:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
U. S. and N ational bank currency:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Checks and other cash ite m s ..........
T o ta ls............................................
Liabilities.
Capital stock paid i n .........................
Surplus fu n d s......................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................
Dividends u n p a id ..............................
Commercial deposits subject to
ch eck .................................................
Commercial certificates of d ep o sit. .
Certified ch eck s..................................
Cashier’s checks o u tstan d in g ..........
State monies on deposit...................
Due to banks and b a n k e rs...............
Savings deposits.................................
Savings certificates of dep o sit........
Reserved for taxes, interest, etc. .
Notes and bills red iscounted...........
Bills p ayable........................................
T o tals............................................


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

R eport of
R eport of
Report of
Report of
R eport of
Nov. 16, '09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

S19,606 75
132,866 04

$18,741 35
122,385 25

$63,566 98
88,467 19

$83,759 17
40,315 30

$80,810 45
51,943 75

20,410 00
302,742 79

20,410 00
292,869 51

22,260 00
294,320 74

343,593 37

360,893 20

219 19
1,008 55

351 30
884 95

351 30
1,263 22

346 12
453 11

325 42
662 78

5,716 31
4,213 14

8,277 40
4,270 69

8,277 40
4,274 20

8,277 40
4,274 20

8,277 40
4,274 20

1,450 00

2,991 95

2,100 17

5,662 93

838 45

6,124 02
Jll, 116 78

4,492 95
71,608 54

4,278 87
68,530 57

13,876 03
91,249 39

5,819 27
61,063 42

4,500 00
9,377 00

5,500 00
7,834 00

5,400 00
8,481 00

4,500 00
7,016 00

4,000 00
8,670 00

10,485 00

11,300 00

11,960 00

13,205 00

13,500 00

1,354 00

987 50

1,625 00

1,502 50

1,158 00

129 34
1,986 55

133 66
199 97

145 56
10,671 65

143 56
93 95

80 68
322 54

$583,305 46

$573,239 02

$595,973 85

$618,268 03

$602,639 56

$50,000 00

$50,000 00

$50,000 00
6,000 00

$50,000 00
6,000 00

$50,000 00
6,000 00

7,035 33

-5,524 23

3,305 49

4,644 69

5,081 10

79,881 86

73,753 62

73,404 48

63,902 01

53,201 90

282,545 80
158,842 47

291,075 62
152,885 55

293,429 11
169,834 77

321,622 14
172,099 19

315,875 22
172,481 34

$573,239 02

$595,973 85

$618,268 03

$602,639 56

5,000 00
$583,305 46

STATE BANKS OF MICHIGAN.

53

No. 436.
THE

FA RM ER S’ STATE BANK OF B R E C K E N R ID G E , B R E C K E N R ID G E .
Organized April 21, 1909.

A l e x . C h i s h o l m , P r e s id e n t ; W. H. Z im m e r m a n , B. L. H o d g e , V ic e P r e s id e n t s ; W. L. W e b s t e r , C a s h ie r .
D i r e c t o r s . — Alex. Chisholm, W. H. Zimmerman, B. L. Hodge, A. L. Giles, J. L. Smith, E. Arnold,

Robert Donnan.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds, m ortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Prem ium a c c o u n t. . . . . ' ...................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
Banking h o u se....................................
F urniture and fix tu res.....................

R eport of
R eport of
Report of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$15,097 52
5,000 00

$17,483 99
15,934 67

$17,821 62
15,991 53

$18,530 05
26,107 16

$19,768 77
27,465 22

13,389 67

15,153 46

15,154 67

18,464 67

20,244 67

62

7 02

33 52

160 19

494 24
5.500 00
2.500 00

5.500 00
2.500 00

5.500 00
2.500 00

95 03
5.500 00
2.500 00

5.500 00
2.500 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..................................
United States bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d ep artm en t......................
U. S. and National bank currency:
Commercial d e p a rtm e n t. . . . . . . .
Savings d ep artm en t......................
Gold coin:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Checks and other cash ite m s...........
T o tals............................................
Liabilities.
Capital stock paid i n .......................
Surplus fu n d ......................................
U ndivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ................................ ...................
Dividends u n p a id ..............................
Commercial deposits subject to
check .................................................
Commercial certificates of dep o sit. .
Certified ch eck s..................................
Cashier’s checks o u tstanding ..........
State monies on d ep o sit...................
Due to banks and b an k ers...............
Savings d eposits.................................
Savings certificates of d ep o sit.........
Reserved for taxes, interest, e tc . . .
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

27 75

50 24
1,002 90

984 56
4,009 45

1,801 12
3,048 82

1,398 63
4,030 14

1,087 50
5,440 20

200 00
3,212 00
2,360 00

149 00
800 00

156 00
963 00

1,512 00

1,200 00

600 00

855 00

1,180 00

1,255 00

30 00
1,250 00

475 55
3 00

161 15
35 25

547 10

32 00
482 50

192 00
421 00

16 84
06
157 96

34 31
15
52 88

25 50
54
128 97

42 32
22
120 43

29 42
78
154 15

$49,860 60

$63,660 89

$65,018 87

' $80,008 64

$85,566 68

$19,510 00

$20,000 00
500 00

$20,000 00
500 00

$20,000 00
600 00

$20,000 00
600 00

317 80

322 37

12 39

7,643 12

6,055 11

7,439 06

7,544 56

8,944 81

351 85
7,477 33
14,878 30

11,123 75
25,664 23

11,296 63
25,460 81

17,200 32
34,651 37

21,456 07
34,565 80

$49,860 60

$63,660 89

$65,018 87

$80,008 64

$85,566 68

STA TE BAN KING D EPA R TM EN T.

54

No. 187.
F IR S T STATE SAVINGS BANK OF B R E C K E N R ID G E , B R E C K E N R ID G E .
Organized April 7, 1896.
J a m e s B. Cr a w f o r d , P r e s id e n t ; W . O. W a t s o n , A d a m J o h n s t o n e , V ic e P r e s id e n t s ;
A l f . F. Cr a w f o r d , C a s h ie r .
D i r e c t o r s .— Jam es B. Crawford, W. O. W atson, L. Waggoner,. Adam Johnstone, John Mitchell, Jr.,

Jam es P. Gibbs, Alf. F. Crawford, Thos. Crawford, C. Peterm an.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d ep artm en t......................
Bonds, m ortgages and securities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Prem ium acco u n t...............................
O v erd rafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
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................... ..............
United States bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d ep artm en t.......................
Exchanges for clearing house:
Commercial d e p artm en t...............
Savings d ep artm en t.......................
U. S. and National bank currency:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d e p artm en t...............
Savings d ep artm en t.......................
Nickels and cents:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Checks and other cash ite m s...........
T o tals..........................................
Liabilities.
Capital stock paid i n .......................
Surplus fu n d .................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id .............................................
Dividends u n p a id ..............................
Commercial deposits subject to
ch eck .................................................
Commercial certificates of deposit.
Certified ch eck s................... .. ...........
Cashier’s checks o u tstan d in g ...........
State monies on d ep o sit...................
Due to banks and b a n k e rs...............
Savings deposits.................................
Savings certificates of dep o sit........
Reserved for taxes, interest, etc. .
Notes and bills rediscounted...........
Bills p a y a b le .......................................
T o tals............................................


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

R eport of
ReporUof
Report of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, TO. Mar. 29, TO. June 30, TO. Sept. 1, TO.

$60,421 26
31,039 31

$52,958 91
38,039 31

$60,859 21
32,711 35

$76,726 10
24,832 93

$89,833 04
9,835 93

37,194 43

40,064 43

47,080 38

37,102 85

37,317 85

1,196 82

1,161 36

1,773 55

1,325 13

1,026 92

1,219 40
1,500 00

1,219 40
1,500 00

1,219 40
1,500 00

Ì,2Ì9 40
1,500 00

1,219 40
1,500 00

1,200 00

1,200 00

1,200 00

1,200 00

1,200 00

4,955 53
1,964 04

6,782 34
3,915 98

3,210 24
27 49

4,024 28
5,371 32

8,415 46
1,948 83

3,493 21
8,000 00

5,538 15
6,616 92

2,626 29
7,286 73

5,119 53
8,187 24

3,499 72
7,368 22

697 00
2,700 00

2,535 00
4,300 00

3,948 00
3,165 00

1,000 00
2,949 00

3,834 00
800 00

10 00
2,500 00

2,545 00

1,735 00

1,810 00

1,460 00

196 10
150 00

653 20
390 00

1,486 85
100 00

580 25
910 25

1,160 60
40 00

73 74
29 69
377 93

64 75OS
396 54

32 19
48 01

32 01
101 90

105 44
1 69
392 53

$158,918 46

$169,881 37

$170,009 69

$173,992 19

$170,959 63

$16,000 00
16,000 00

$16,000 00
16,000 00

$16,000 00
16,000 00

$16,000 00
16,000 00

$16,000 00
16,000 00

1,162 63

871 07

1,364 91

910 35

661 30

29,154 87
32 00

32,268 18
32 00

36,276 07
32 00

28,228 29
21,935 10

31,082 63
31,976 55

4,368 31
82,200 65

6,237 10
93,473 02

8 34Q S3

9,740 16
55,498 99

1
8 Q1Q QS 1

86]416 73

72| 568 92

10,000 00

5,000 00

5,000 00

10,000 00

10,000 00

$158,918 46

$169,881 37

$170,009 69

$173,992 19

$170,959 63

STATE B AN KS OF M ICHIGAN.

55

No. 452.
T H E BRIGH TON STATE BANK, BRIGH TON .
Organized April 11, 1910.
W. P. V a n W i n k l e ,

P r e s id e n t ; W .

T. F r y ,

V ic e P r e s id e n t ;

L. R . M a n n i n g ,

C a s h ie r .

D i r e c t o r s .—John A. Nelson, Chas. E. Placeway, W. T. Fry, F rank M. Bergin, Albert L. Smith,

L. R. Manning, W. P. Van Winkle.

Resources.

R eport of
R eport of
Report of
Report of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t............... ..
Bonds, m ortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, in terest and taxes paid
exceeding: earnings.........................
B anking h o u se....................................
F u rn itu re and fix tu res.....................

$3,383 34

$5,388 07

12,142 62

1,017 00
17,760 03

855 77

1,154 84

50 00

100 00

O ther real e s ta te ................................
Due from other banks and bankers,
not reserve cities............................
Ttems in tr a n s it..................................
U nited S tates bonds:
Savings d e p a rtm e n t......... ............

700 00

Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Exchanges for clearing house:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................

4,453 92
9,593 53
89 29

U. S. and N ational bank currency:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Sa.vings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Sa.vings d e p a rtm e n t......................
Checks and other cash ite m s...........
T o ta ls............................................
Liabilities.
Capital stock pa,id i n .........................
Surplus fu n d ......................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
........................... ...................
paid
Dividends u n p a id ..............................
Commercial deposits subject to
check ..............................................
Commercial certificates of d ep o sit. .
Cer t,i fie d ch eck s..................................
Cashier’s checks o u tstan d in g ...........
State monies on deposit...................
Due to banks and b a n k e rs...............
Sa.vings deposits.................................
Sa.vings certificates of deposit........
Reserved for ta,xesT interest, e tc ..
Notes and bills rediscounted...........
Bills p ay ab le........................................
T o tals............................................


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

5,731 06
4,657 19

>

1,771 00
1,855 00

799 00
3,000 00

245 00
245 00

340 00

475 50
480 50

990 80

20 18
20 47

20 07

$35,681 12

■ $41,687 56

$20,000 00

$20,000 00

6,418 90

9,569 47

5,009 22
4,253 00

5,176 09
6,942 00

$35,681 12

$41,687 56

29 50

56

STA TE BANKING D EPA R TM EN T.
No. 457.
*TH E BRITTO N STATE SAVINGS BANK, BRITTON.
Organized A ugust 12, 1910.

T h e o d o r e M. J o s l i n , P r e s id e n t ; R o l l a n d C. R o t h f u s s , V ic e P r e s id e n t ; B u r t o n E . G i l e s , C a s h ie r .
D i r e c t o r s .— Theodore M. Joslin, Rolland C. Rothfuss, Samuel O. Rothfuss, B urton E. Giles,

Charles L. Robertson, F rank B. Bauer.

Resources.

Report of
Report of
R eport of
R eport of | Report of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10 Sept. 1, ’10.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds, m ortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Prem ium a c c o u n t............................ ..
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
Banking h o u se....................................
F urniture and -fixtures.....................
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..................................
United States bonds:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................

-

Due from banks in reserve cities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t......................
U. S. and N ational bank currency:
Commercial d e p a rtm e n t...............
Savings d ep artm en t......................
Gold coin:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t............. ........
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Checks and other cash ite m s...........
T o tals............................................
Liabilities.
Capital stock paid i n .......................
Surplus fu n d ......................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................
Dividends u n p a id ..............................
Commercial deposits subject to
ch e c k ..................... ...........................
Commercial certificates of dep o sit. .
Certified ch eck s...................................
Cashier’s checks o u tstanding..........
State monies on d ep o sit...................
Due to banks and b a n k e rs. . . . . . . .
Savings deposits.................................
Savings certificates of dep o sit........
Reserved for taxes, interest, etc. . .
Notes and bills rediscounted...........
Bills p a y a b le .......................................
T o ta ls............................. ..............
♦Commenced hi s'ness Septem ber 1, 1910.


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

\

STATE BANKS OF MICHIGAN.

57

No. 409.
T H E F IR S T STATE SAVINGS BANK, BRONSON.
Organized May 1, 1908.
R ic h a r d C o w a r d , P r e s id e n t ; J. E. W a t s o n , C. G. B a b c o c k , V ic e P r e s id e n t s ;
B u r t o n P . T a g g a r t , C a s h ie r .
D i r e c t o r s .— C. J . Holmes, Richard Coward, Joseph E

W atson. J . F. Werner, C. G. Babcock,
Wm. B. Bushnell, E. W. Werner, F rank Coward, Wm. M. Monroe.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d ep artm en t......................
Bonds, mortgages and securities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Prem ium acco u n t...............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
B anking h o u se....................................
F u rn itu re 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 bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d ep artm en t.......................
Exchanges for clearing house:
Commercial d e p artm en t...............
Savings d ep artm en t.......................
U. S. and National bank currency:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a r t m e n t ....................
Silver coin:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Nickels and cents:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Checks and other cash ite m s...........
T o tals............................................
Liabilities.
Capital stock paid i n .......................
Surplus fu n d ........................................
Undivided profits, less losses, c u r­
rent expenses, interest and taxes
p a id ...................................................
DiVidends u n p a id ..............................
Commercial deposits subject to
ch eck .................................................
Commercial certificates of deposit.
Certified checks..................................
Cashier’s checks o u tstan d in g ...........
State monies on d ep o sit...................
Due to banks and B ankers...............
Savings deposits.................................
Savings certificates of dep o sit........
Collections............................................
Reserved for taxes, interest, e tc ..
Notes and bills rediscounted..........
Bills p a y a b le .......................................
T o ta ls ...........................................

8


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

R eport of
Report of
Report of
Report of
Report of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, '10. Sept. 1, '10.

$42,815 70
45,500 00

$49,450 66
37,052 00

$62,629 50
25,902 00

$60,214 58
23,871 00

$63,496 28
19,546 00

81,773 00

92,723 00

107,157 00

97,622 00

98,572 00

364 43

. 1,188 81

744 50

207 63

296 14

7,400 36
1,743 98

7,400 36
2,137 63

7,400 36
2,281 13

7,400 36
2,311 13

7,400 36
2,311 13

5,000 00

5,000 00
3,155 00

20', 757 44
23,793 04

20,861 53
47,535 42

9,553 48
23,471 80

11,984 18
14,840 90

11,028 66
11,843 58
548 53

1,770 00
3,500 00

5,312 00
4.500 00

909 00
4.500 00

4,219 00
5,500 00

2,512 00
4.500 00

165 00
3,300 00

5 00
3.500 00

50 00
3.500 00

460 00
2,000 00

190 00
2.500 00

916 90

1,605 90

511 05

546 55

892 25
170 28

124 43

179 38

156 99

158 02

926 99

26 02

145 02

146 25

15 00

$239,851 27

$278,477 71

$248,911 83

$234,636 60

$225,822 21

$50,000 00
300 00

$50,000 00
1,000 00

$50,000 00
1,000 00

$50,000 00
1,300 00

$50,000 00
1,300 00

1,515 91

1,181 98

1,463 60

696 41

811 63

33,726 42

69,604 44

48,257 06

43,946 69

43,039 07

3 00

80 00

1,019 00
2,500 00

29 00
2,500 00

12,180 63
142,125 31

13,381 56
143,129 73
100 00

14,495 22
133,695 95

13,666 10
121,508 40

15,984 95
112,157 56

$239,851 27 | $278,477 71

$248,911 83

$234,636 60

$225,822 21

58

STA TE BAN KING D EPA R TM EN T.
No. 312.
T H E CULVER STATE BANK, BROOKLYN.
Organized May 16, 1905.
W. S. C u l v e r ,

P r e s id e n t ;

W. F. P a r k e r ,

V ic e P r e s id e n t ; A .

E. S h e k e l l ,

C a s h ie r .

D i r e c t o r s .— W. S. Culver, W. F. Parker, Jam es H. Loomis, Jerry W. Pierce, Allen W. Dunn,

Francis M. Richardson, F rank H. Brown, W. J. Neely, J. D. Reed.

Resources.

Loans and discounts:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Bonds, mortgages and securities:
Commercial d e p artm en t...............
Savings d ep artm en t.......................

R eport of
R eport of
R eport of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$53,405 47
26,420 72

$48,866 14
33,963 89

$49,733 75
31,513 54

$52,967 87
28,108 70

$50,014 83
35,113 70

70,615 00

69,765 00

68,576 02

69,818 17

69,918 17

598 07

458 89

271 71

947 78

399 95

7,000 00
1,482 00

7,500 00
1,982 00

7,500 00
1,982 00

7,500 00
1,982 00

7,500 00
1,982 00

2,899 07
15,738 52

2,636 56
17,300 55

1,557 85
17,332 42

1,907 93
12,678 83

2,359 87
10,359 93

828 97

297 84

75 30

472 37

151 42

2,163 00
1,110 00

1,729 00
500 00

3,366 00
140 00

1,922 00

3,078 00
2,000 00

7,093 88

7,638 88

7,758 88

3,066 30
5,000 00

3,226 30
5,000 00

12 25

290 85
19 25

28 95
9 75

303 70
75 00

199 15
110 00

Prem ium aeeonnt
..........................
O verdrafts............................................
Expenses, interest and taxes paid,
e x nee ding e arni ngs.........................
P an king h o u se....................................
F urniture and fix tu res......................
Other real estate ..............................
Due from other banks and bankers,
not, reserve cities............................
Ttems in tra.nsit,..................................
U nited S tates bonds:
Savings depa.rtm ent......................
Due from banks in reserve cities:
Commercial d e p a rtm e n t...............
Savings depa.rtment ....................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Sa.vings depa.rtm ent.......................
U. S. and N ational bank currency:
Commercial depa.rtm ent...............
Sa.vings d ep artm en t.......................
Gold coin:
Commercial d ep artm en t...............
Sa.vings d e p a rtm e n t......................
Silver coin:
Com merci a.l depa.rt,ment...............
Sa.vings d e p a rtm e n t......................
Nickels and cents:
Commercial d e p a rtm e n t...............
Sa.vings d ep artm en t.......................
Checks and other cash ite m s...........
T o tals............................................
Liabilities.
Capital stock paid i n .......................
Surplus fu n d ........................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
paid ...............................................
Dividends u n p a id ......... .....................
Commercial deposits subject to
check ...............................................
Commercial certificates of deposit.
Certified ch eck s..................................
Cashier’s checks o u tstan d in g ..........
State monies on d ep o sit...................
Due to banks and b an k ers...............
Sa.vings deposits
............................
Savings certificates of d ep o sit........
Cash O v er.............................................
Reserved for taxes, interest, etc. . .
Notes and bills red iscounted...........
Bills p ay ab le........................................
T o tals............................................


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

21 00
2 92
811 63

25 57

13 19

717 23

71 32

54 16
4 96
135 25

79 23
7 84
620 02

$190,202 50

$193,691 65

$189,930 68

$186,945 02

$192,120 41

$25,000 00
10,000 00

$25,000 00
10,000 00

$25,000 00
10,000 00

$25,000 00
10,000 00

$25,000 00
10,000 00

1,745 39

1,465 04
8 00

2,577 28

2,305 47
1,000 00

3,334 85

32,473 29

28,031 04

27,022 79

32,080 07

31,275 92

34,040 74
86,940 30
2 78

36,165 88
93,021 69

36,198 70
89,131 91

36,711 95
79,847 53

38,364 63
84,145 01

$190,202 50

$193,691 65

$189,930 68

$186,945 02

$192,120 41

f

59

STATE BANKS OF M ICHIGAN.
No. 310.
T H E FA R M ER S’ STATE BANK OF BROOKLYN, BROOKLYN.
Organized April 22, 1905.
E. J. E n n i s ,

P r e s id e n t ;

H. A. L add,

V ic e P r e s id e n t ;

E. F. H o r n i n g ,

C a s h ie r .

D i r e c t o r s .— E. J. Ennis, H. A. Ladd, T. B. H alladay, Jam es H. Loomis, C. L. Vaughan, Chas. Atkinson,

J. M. Horning, E. N. Palm er, D. J. Boyce.

Resources.

Report of
R eport of
R eport of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

Loans and discounts:
Commercial d e p a rtm e n t..............
Savings d e p a rtm e n t, ....................
Bonds, mortgages and securities:

$39,554 11
35,833 90

$44,856 57
34,373 91

$41,398 58
34,152 81

$40,976 30
34,436 90

$44,796 15
36,940 18

Savings d e p a rtm e n t......................

59,631 00

60,056 00

65,423 60

60,917 00

00,072 45

O verdrafts............................................
Expenses, interest and taxes paid,

75 83

69 93

83 37

367 36

265 39

F u rn itu re and fix tu res......................

1,913 00

1,913 00

1,913 00

1,913 00

1,913 00

2,183 98
10,929 92

2,172 63
12,085 63

1,228 50
11,652 18

4,200 00
13,245 75

1,200 00
9,158 98

458 36
1,129 00

475 00
847 57

37 50
329 53

376 12
353 88

47 45
342 35

950 00
2,806 00

1,300 00
3,342 00

590 00
5,180 00

653 00
3,260 00

600 00
3,786 00

700 00
1,965 00

600 00
1,900 00

330 00
2,335 00

480 00
2,400 00

400 00
2,580 00

217 75
700 00

275 00
779 95

220 00
732 05

195 00
979 75

170 60
1,347 50

43 42
100 00

50 00
121 27

22 50
156 37

18 43
90 00

52 75
63 20

$159,291 27

$165,218 46

$165,784 99

$164,862 49

$163,736 00

$25,000 00
2,000 00

$25,000 00
3,000 00

$25,000 00
3,000 00

$25,000 00
3,000 00

$25,000 00
3,000 00

Due from other banks and bankers,
100 00
U nited States bonds:
Due from banks in reserve cities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
U. S. and N ational bank currency:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Gold coin:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......... ............
Silver coin:
Commercial departm ent . . ...........
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t.................... ..
T o tals............................................
Liabilities.
Capital stock paid i n .......................
Surplus fu n d ......................................
U ndivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................

3,364 46

1,424 23

2,377 13

3,082 02

3,828 31

Commercial deposits subject to
ch eck ........................................ .. • • •

15,831 99

22,287 90

15,446 32

18,097 19

17,617 03

Savings deposits.................................
Savings certificates of dep o sit........

71,361 18
41,733 64

72,629 37
40,876 96

72,283 51
47,678 03

69,891 12
45,792 16

67,438 67
46,851 99

T o tals............................................

$159,291 27

$165,218 46

$165,784 99

$104,862 49

$163,736 00


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

60

STA TE BAN KING D EPA R TM EN T.
No. 216.
BROWN CITY SAVINGS BANK, BROW N CITY.
Organized June 9, 1899.

J a m e s L. B e n e d i c t , P r e s id e n t ; J o h n E . Ca m p b e l l , V ic e P r e s id e n t ; C h a u l e s N o b l e , C a s h ie r .
D i r e c t o r s .—J. L. Benedict, A. E. Sleeper, Charles Noble, Hugh McNair, Dan C. Merrill,-

J. P. Niggeman, Jr., J. E. Campbell.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d ep artm en t......................
Bonds, mortgages and securities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Prem ium acco u n t...............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
B ui'ding Ac-coi n t ...............................
B anking ho u se....................................
F urniture and fix tu res. -..................
O ther real estate ..............................
Due from .other banks and bankers,
not reserve cities............................
Item s in tr a n s it..................................
U nited States bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d ep artm en t.......................
Exchanges for clearing house:
Commercial d e p artm en t...............
Savings d ep artm en t.......................
U. S. and N ational bank currency:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t. ....................
Silver coin:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Nickels and cents:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Checks and other cash ite m s...........
T o tals.............. .........................
Liabilities.
Capital stock paid i n .......................
Surplus fund..*....................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id .................................................
DiVidends u n p a id ..............................
Commercial deposits subject to
ch eck .................................................
Commercial certificates of deposit.
Certified ch eck s..................................
Cashier’s checks o u tstan d in g ..........
State monies on d ep o sit...................
Due to banks and b an k ers...............
Savings deposits.................................
Savings certificates of d ep o sit.........
Reserved for taxes, interest, e tc ..
Notes and bills redisco u nted...........
Bills p a y a b le .......................................
T o ta ls............................................


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

R eport of
Report of
Report of
Report of
Report of
Nov. 16, ’09 Jan. 31, ’10. Mar. 29, ’10 June 30, ’10 Sept. 1, ’10.

$112,553 82
9,674 11

$131,826 14
7,425 36

$133,236 46
7,531 61

$145,560 04
3,223 35

$153,477 24
6,262 52

20,342 50

26,160 45

25,698 74

26,287 36

26,287 36

1,064 50

713 48

309 80

1,364 47

170 17

2,200 00
2,000 00

2,200 00
2,000 00

2,200 00
2,000 00

1,636 19
2,200 00
2,000 00

3,126 69
2,200 00
2,000 00

5,050 00

3,975 00

4,092 00

4,642 00

4,642 00

13,549 32
5,024 49

13,610 76
3,027 83

19,778 59
4,031 23

18,090 06
6,536 10

9,615 19
3,541 11

185 07

1,594 87

363 89

400 47

109 96

9,744 00

8,671 00

5,394 00
2,200 00

7,689 00
3,538 00

6,312 00
2,300 00

2,580 00

2,915 00

3,305 00

3,370 00

3,495 00

549 10
92 00

1,011 45
12 50

1,319 65
72 00

1,848 65
20

602 75
61 75

249 62
88

325 93

342 14
21
48 18

290 76

79 17

346 31

247 62
01
285 51

$184,859 41 | $205,548 94

$212,523 50

$229,022 96

$224,736 88

$25,000 00
5,000 00

$25,000 00
5,000 00

$25,000 00
5,000 00

$25,000 00
5,000 00

$25,000 00
5,000 00

5,510 92

4,536 03

4,595 72

5,206 76

5,480 81

19,963 08
90,277 83

31,225 19
99,073 20

32,936 06
103,909 82

33,044 40
111,651 02

28,007 60
113,559 04

1,393 60

1,173 38

1,548 11

9,535 77

1,236 68

37,713 98

39,541 14

39,533 79

39,585 01

38,452 75

$184,859 41

$205,548 94

$212,523 50

$229,022 96

$224,736 88

8,000 00

STATE BAN KS O F MICHIGAN.

61

No. 253.
C IT IZ EN S’ STATE SAVINGS BANK, BROW N CITY.
Organized Jan u ary 8, 1902.
J o h n J. K

e a r n s , P r e s id e n t ; L .
H ugh

H . H o w s® , V ic e P r e s i d e n t ; D . A. M c K e i t h , C a s h ie r .
M c L e 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 .—John J. K earns, Hugh J. McPhee, L. H. Howse, John W. Weed, Daniel Webster,

H arvey T appan, D. A. McKeith, H ugh McLeod.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds, mortgages and securities:
Commercial d ep artm en t............. .
Savings d e p a rtm e n t......................
Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
Banking h o u se....................................
F urn itu re and fix tu res......................
Other 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 bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Exchanges for clearing house:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
U. S. and N ational bank currency:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Checks and other cash ite m s ...........
T o ta ls............................................
Liabilities.
Capital stock paid i n .........................
Surplus fu n d ......................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................
Dividends u n p a id ..............................
Commercial deposits subject to
ch eck ................. ................................
Commercial certificates of d ep o sit. .
Certified ch eck s..................................
Cashier’s checks o u tstan d in g ...........
State monies on d eposit...................
Due to banks and b an k ers...............
Savings deposits.................................
Savings certificates of dep o sit........
Reserved for taxes, interest, e t c ..
N otes and bills red iscounted...........
B ills p ay ab le........................................
T o tals............................................


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

R eport of
R eport of
R eport of
Report of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, TO. Sept. 1, TO.

*113,769 05
33,902 93

*128,113 60
23,591 36

*132,500 80
20,942 21

*129,293 59
30,610 04

*132,300 35
31,872 64

57,487 40

65,437 40

65,312 40

57,059 40

60,032 00

547 71

789 99

30 07

672 79

159 59

5,000 00
1,850 00

5,000 00
1,850 00

5,000 00
1,850 00

4.000 00
1,850 00

4.000 00
1,850 00

1.000 00

1.000 00

1,470 63

2,346 25

5,064 43

1,613 85

2,027 82

7,461 96
10,210 33

5,425 59
12,631 31

9,332 60
5,355 31

9,801 89
11,685 17

9,655 89
10,940 69

662 00

693 98

175 54

11,030 00
2,000 00

9,738 00
2,000 00

11,113 00
2,000 00

6,657 00
2,000 00

7,942 00
2,000 00

125 00
4,000 00

660 00
4,000 00

530 00
4,000 00

595 00
.4,000 00

860 00
4,000 00

461 05

622 95

585 75

855 60

565 10

76 29

54 69

103 02

216 56

188 73

253 93

62 21

*250,054 35

*262,955 12

*263,895 13

$262,164 82

*269,457 02

*25,000 00
5,000 00

*25,000 00
5,000 00

*25,000 00
5,000 00

*25,000 00
5,000 00

*25,000 00
5,000 00

6,171 06

5,286 65

6,015 15

5,543 87

5,901 86

16,599 90
88,052 15

30,930 25
88,973 82

40,244 85
89,920 88

31,764 19
88,581 12

33,199 36
91,656 43

1,630 58

104 33

104 33

83 00

83 00

82,930 65
24,670 01

86,931 03
20,729 04

81,632 25
15,977 67

83,637 06
22,555 58

82,750 20
25,866 17

*250,054 35

*262,955 12

*263,895 13

*262,164 82

*269,457 02

62

s t a t e b a n k in g

departm ent.

No. 212.
T H E B U R R OAK STATE BANK, B U R R OAK.
Organized December 21, 1898.
H. P. M o w r y ,

P r e s id e n t ;

C. J. H o l m e s , V ic e P r e s id e n t-, S. H. H o g l e ,
A. R. F e r r i s , T e lle r.

C a s h ie r .

D i r e c t o r s .— H. P. Mowry, J. S. Shennem an, C. J. Holmes, M. F. Smith, Wm. Mallow, S. H. Hogle,

H arry Ruple.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d ep artm en t.......................
Bonds, mortgages and securities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earn in g s........................
B anking h o u se....................................
F urniture and fix tu res......................
Other rea,l estate ..............................
Due from other banks and bankers,
not, reserve cities............................
Item s in tr a n s it..................................
U nited S tates bonds:
Savings d ep artm en t.......................
Due from banks in reserve cities:
Commercial d e p a rtm e n t...............
S a vi n gs d e p a,rt, m e n t,.......................
Exchanges for clearing house:
Commercial depa,rtment,...............
Savings d e p a rtm e n t................
U. S. and N ational b ank currency:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d ep artm en t......................
Silver coin:
Commercial departm ent,...............
Savings d ep artm en t.......................
Nickels and cents:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Checks and other ca.sh ite m s...........
T o tals............................................
Liabilities.
Capital stock pa,id i n .......................
Surplus fu n d ........................................
U ndivided profits, less losses, cur­
rent expenses, interest and taxes
paid ...............................................
Dividends u n p a id ...............................
Commercial deposits subject to
ch e c k .................................................
Commercial certificates of dep o sit.
Certified ch eck s...................................
Cashier’s checks o u tstan d in g ...........
State monies on deposit...................
Due to banks and b a n k e rs...............
Savings deposits.................................
Savings certificates of dep o sit........
Reserved for taxes, interest, etc. . .
Notes and bills rediscounted...........
Bills p ay ab le........................................
Igj:

T o tals............................................


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

R eport of
R eport of
R eport of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$46,238 65

$43,235 14

$46,134 18

$14,867 61
28,508 88

$16,182 61
26,337 38

51,769 11

53,784 11

49,506 50

48,241 50

47,291 50

446 88

127 97

19 35

115 89

272 22

3,300 00
1,900 00

3,300 00
1,900 00

3,300 00
1,900 00

3,300 00
1,900 00

3,300 00
' 1,900 00
99 78

62 40

94 78

99 78

99 78

8,000 00

10,000 00

3,000 00

4,000 00

500 00

500 00

500 00

500 00

500 00

4,743 27
9,132 53

2,772 78
10,848 91

2,118 44
5,462 89

2,351 43
9,313 60

1,476 47
4,835 21

*
893 00
3,000 00

1,201 00
2.500 00

2,188 00
2.500 00

1,376 00
2.500 00

1,471 00
2,500 00

2,000 00

5 00
2.500 00

30 00
2.500 00

10 00
2.500 00

2,500 00

490 90

434 35

537 70

566 75

347 10

132 14

156 11

114 69

180 01

135 86

70 00

131 17

157 23

53 84

149 29

$132,678 88

$133,491 32

$120,068 76

$120,385 29

$109,298 42

$15,000 00
3,000 00

$15,000 00
3,000 00

$15,000 00
3,000 00

$15,000 00
3,000 00

$15,000 00
3,000 00

2,977 46

2,198 55

2,192 56

2,116 79
900 00

2,738 41

18,832 92

16,546 03

12,774 05

10,239 22

7,722 01

92,868 50

96,746 74

87,102 15

89,129 28

80,838 00

$132,678 88

$133,491 32

$120,068 76

$120,385 29

$109,298 42

63

STATE BANKS OF MICHIGAN.
No. 313.
STATE BANK OF BYRON, BYRON.
Organized June 7, 1905.
L. C. K
;

a n o u s e , P r e s id e n t ;

S e w a r d C h a f f e e , V ic e P r e s id e n t ; J. L. V a n A l s t y n e , C a s h ie r .

■

:

D i r e c t o r s .— L. C. Kanouse, C. A. Fritz, John Graham, ffm . H arper, Seward Chaffee, Orlando Lee,

F.

Resources.

Loans and discounts:
* Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Bonds, mortgages and securities:
Commercial d e p artm en t...............
Savings d ep artm en t.......................

S. Ruggles, E. D. Wiltse.

R eport of
R eport of
R eport of
R eport of
Report of
Nov. 16. ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$49,752 01

$40,035 85
9,994 19

$42,752 23
9,494 19

$42,409 59
10,878 94

$54,132 63
600 00

84,728 00

1,100 00
88,805 00

6,100 00
103,935 96

2,100 00
110,210 96

10,000 00
107,981 40

71 11
62 23

71 11
160 54

126 28
66 82

205 64

B anking h o u se....................................
F urniture and fix tu res......................

2,000 00
1,525 00

2,000 00
1,500 00

2,000 00
1,500 00

2,000 00
1,500 00

60 90
2,000 00
1,400 00

Due from other banks and bankers,
not reserve cities............................
Item s in tr a n s it..................................
U nited S tates bonds:

168 86
1,845 36

231 49
3,439 98

2,231 49
1,604 39

4,276 49
2,369 30

300 00

Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d ep artm en t.......................
Exchanges for clearing house:

9,816 02
9,044 40

14,505 90
13,258 99

4,399 86
15,243 41

7,482 67
12,468 17

1,183 13
12,733 64

U. S. and National bank currency:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Gold coin:

1,938 00
2,000 00

1,500 00
3,797 00

3,377 00
1,800 00

2,412 00
2,800 00

3,956 00
3,000 00

Savings d ep artm en t.......................

4,360 00

2,000 00
2,615 00

5,160 00

3,360 00

3,325 00

1,000 00
150 00

520 00
80 00

1,100 00

200 00
800 00

900 00
100 00

14 39
18 82
300 00

11 75
3 23
740 44

37 12
3 61
521 30

28 31
39 77
85 00

16 05
27
7 85

$168,794 20

$186,370 47

$201,453 66

$205,626 84

$201,696 87

$20,000 00
3,150 00

$20,000 00
3,400 00

$20,000 00
3,400 00

$20,000 00
3,400 00

$20,000 00
3,525 00

O verdrafts............................................
Expenses, interest and taxes paid,

Silver coin:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Nickels and cents:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Checks and other cash ite m s...........
T o tals............................................
Liabilities.
Capital stock paid i n .......................
Surplus fu n d ........................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................

.

474 26

43 18

152 83

1,245 07

Commercial deposits subject to
check .................................................
Commercial certificates of deposit.

11,473 89
33,394 83

23,011 84
21,221 60

17,284 55
24,979 11

19,647 59
20,185 24

16,340 37
34,091 19

Savings certificates <pf dep o sit........

100,301 22

118,693 85

135,637 17

141,148 94

127,740 31

T o tals............................................

$168,794 20

$186,370 47

$201,453 66

$205,626 84

$201,696 87


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

64

STATE BANKING DEPARTMENT.
No. 181.
T H E CADILLAC STATE BANK,

CADILLAC.

Organized October 30, 1895.
A. W. N e w a r k ,

P r e s id e n t ;

S. W. K r a m e r ,

V ic e P r e s id e n t ; H e n t iy K n o w l t o n , C a s h ie r .

F. J. Cobbs, S. W. Kram er, W. W. Mitchell, Fred A. Diggins, Joseph Murphy, Fred L
Reed, Geo. F. Williams, A. W. Newark, D. B. Kelley, C. T. Mitchell, H enry Knowlton.

D ir e c t o r s

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds m ortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................

R eport of
R eport of
R eport of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$334,376 18
198,731 85

$366,999 73
202,508 48

$334,843 96
212,575 20

$386,285 53
176,110 00

$361,262 15
176,635 00

298,724 87

302,551 95

268,854 33

257,557 24

248,532 80

Prem ium a c c o u n t........... ...................
O verdrafts........................................
Expenses, interest and taxes paid,
exceeding earnings.........................
Banking h o u se....................................
F urniture and fix tu res.....................

2,550 23

4,704 27

1,930 51

2,355 59

1,610 39

17,500 00
2,000 00

17,000 00
2,000 00

17,000 00
2,000 00

17,000 00
2,000 00

16,500 00
2,000 00

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 bonds:
Savings d e p a rtm e n t......................

20,000 00

20,000 00

20,000 00

20,000 00

20,000 00

152,869 23
33,329 38

41,366 08
35,984 13

20,027 66
31,088 71

138,863 55
31,261 94

117,462 98
31,377 31

12,284 00

10,060 00

5,958 00

7,445 00

29,953 00

14,737 50
30,000 00

15,770 00
30,000 00

17,840 00
25,000 00

16,690 00
30,000 00

5,287 50
31,000 00

3,892 30

1,645 90

1,154 00

2,975 00

3,470 00
1,321 46

Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Exchanges for clearing house:
Commercial d ep artm en t.............
Savings d e p a rtm e n t......................
U. S. and National bank currency:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Checks and other cash ite m s...........
T o tals........................................
Liabilities.
Capital stock paid i n .........................
Surplus f u n d ...................................
Undivided profits, less losses, cur­
rent 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. .
Certified ch eck s..................................
Cashier’s checks o u tstan d in g ...........
State monies on deposit...................
Due to banks and b an k ers...............
Savings deposits.................................
Savings certificates of dep o sit........
Reserved for taxes, interest, etc. .
Notes and bills rediscounted..........
Bills p ayable........................................

55 32

111 71

450 66

745 37

810 88

917 48

1,675 41

10,159 50

2,025 51

4,155 71

734 78

$961,220 47 $1,093,617 04

$1,047,147 37

$1,123,176 93 $1,061,495 41
$100,000 00
25,000 00

$100,000 00
30,000 00

$100,000 00
30,000 00

$100,000 00
30,000 00

$100,000 00
35,000 00

9,323 80
372 00

4,702 66
3,564 00

5,861 96
3,000 00

12,730 06

3,918 83
3,000 00

413,417 53
8 71

354,174 76
8 71

300,020 01
8 71

419,201 98
8 71

395,019 79
8 71

2,072 70
204,161 87
368,820 32

3,891 93
209,610 79
355,542 56

6,030 92
221,856 06
244,442 81

5,100 00
223,214 47
303,361 82

3,784 21
218,972 52
287,443 31

$961,220 47 $1,093,617 04

$1,047,147 37

T o tals............................................ $1,123,176 93 $1,061,495 41


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

50,000 00

STATE BANKS OF MICHIGAN.

65

No. 261.
P E O P L E ’S SAVINGS BANK OF CADILLAC, MICHIGAN.
Organized June 17, 1902.
E. J. H a y n e s ,

P r e s id e n t ; H e n r y B a l l o u , V ic e P r e s id e n t ; G e o r g e C h a p m a n , C a s h ie r ;
A. G. C h a p 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 .— E. J. Haynes, H enry Ballou, S. H. M erritt, Jam es English, Chas. H. D rury,

John P. Wilcox, Jam es M ather, George Chapman, P. Cotey.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds, mortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Premium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
Banking h o u se....................................
F urniture and fix tu res.....................

R eport of
R eport of
R eport of
R eport of
Report of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$82,934 52
139,060 92

$92,388 35
135,002 17

$130,888 26
107,889 57

$190,520 56
52,472 35

$164,907 88
59,397 41

31,000 00
177,465 24

38,050 00
191,345 59

37,500 00
206,577 59

255,971 59

22,500 00
252,119 74

301 67

84 71

233 48

197 05

262 49

37,000 00
2,000 00

37,000 00
2,000 00

37,000 00
2,441 00

37,000 00
2,441 00

37,000 00
2,000 00

5,872 99
33,000 00

28,480 14
38,000 00

Other real e s ta te ................................
Due from other banks and bankers,
not, reserve cities...........................
Tt,ems in tra.nsit..................................
United States bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d ep artm en t......................
Exchanges for clearing house:
Oommeroia.l departm ent,...............
Savings d ep artm en t......................
U. S. and N ational bank currency:
Commercial departm ent,...............
Savings d ep artm en t......................
Gold coin:
Commercial d e p artm en t...............
Savings d e p a rtm e n t...................*.
Silver coin:
Commercial departm ent,...........r .
Savings d e p a rtm e n t......................
Nickels and cents:
Commp.rci a,l depart,m ent...............
Savings d e p a rtm e n t......................
Checks and other cash ite m s...........
T o tals............................................
Liabilities.
Capital stock paid i n .......................
Surplus fu n d s......................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
paid .. .*......................... ..............
Dividends u n p a id ..............................
Commercial deposits subject to
ch eck .................................................
Commercial certificates of d ep o sit. .
Certified ch eck s..................................
Cashier’s checks outstanding;..........
State monies on d ep o sit...................
Due to hanks and b an k ers...............
Sa-vings deposits.................................
Savings certificates of deposit........
Reserved for taxes, interest, e t c . ..
Notes and hills rediscounted...........
"Bills pa.yahle.......................................
T o tals............................................

9


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

-

15,000 00
14,690 71

25,000 00
51,780 65

25,000 00
83,955 12

1,013 18

2,311 76

494 31

15,209 00

17,838 00

6,829 00

10,000 00
10,345 00

15,000 00
5,405 00

15,000 00
5,140 00

4,850 55

5,728 05

3,970 50

254 33
1,209 54

457 81

325 63
714 61

$542,334 66

$619,392 09

$75,000 00
20,000 00

1,152 49

20,595 00

14,925 00

145 00
20,000 00

125 00
20,000 00

3,973 65

4,341 35

352 09

414 79

59 58

2,805 50

$663,959 07

$623,753 35

$647,279 30

$75,000 00
20,000 00

$75,000 00
20,000 00

$75,000 00
20,000 00

$75,000 00
20,000 00

3,798 03
60 00

2,844 72
510 00

3,948 96
37 50

6,960 76

5,728 42
75 00

130,947 46

184,772 41

203,739 58

158,243 13

176,207 15

165,049 38
147,479 79

177,440 70
156,602 50
2,221 76

186,890 88
174,342 15

193,981 45
169,568 01

191,345 36
177,923 37
1,000 00

$542,334 66

$019,392 09

$663,959 07

$623,753 35

$647,279 30

STATE BANKING DEPARTMENT.

66

No. 291.
T H E STATE BANK OF CALEDONIA, CALEDONIA, MICHIGAN.
Organized June 11, 1904.
C h a r l e s R i c e , P r e s id e n t ; J o h n T. S m i t h , J o h n R . P r o c t o r , V ic e P r e s id e n t s ; J o h n T. S m it h , C a s h ie r ;
J . C l if f o r d P r o c t o 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 .— Charles Rice, Isaac G. Wenger, John T. Smith, John R. Proctor, Seth Gray, A. T. Slaght.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings departm ent ....................
Bonds m ortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Premium a,c,count..............................
O verdrafts............................................
Expenses, in terest and taxes paid,
exceeding earnings.........................
Ranking h o u se....................................
F urniture and fix tu res.....................

Report of
Report of
Report of
R eport of
Report of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$59,282 63
40,165 73

$77’,'867 45
29,056 93

$83,441 61
28,635 98

$93,305 11
$2,354 42

$90,258 01
36,723 45

10,000 00
72,061 85

77,228 01

81,178 01

87,028 01

90,248 01

1,911 11

1,311 83

763 38

956 39

918 40

700 00

700 00

700 00

700 00

700 00

3,689 05
19,380 05

5,447 10
15,996 23

8,423 96
19,056 86

5,891 42
15,681 89

8,006 11
18,190 83

400 00
5,515 00

900 00
6,406 00

2,200 00
4,615 00

2,200 00
7,721 00

2,000 00
4,039 00

2,100 00
165 00

2,500 00
65 00

2,800 00
175 00

2,800 00
275 00

3,000 00
400 00

1,468 35

2,074 60

2,209 00

2,219 95

2,333 90

56 28

83 58

72 19
5 00

57 93

87 63

$216,895 05

$219,636 73

$234,275 99

$251,191 12

$256,905 34

$20,000 00
2,000 00

$20,000 00
4,000 00

$20,000 00
4,000 00

$20,000 00
5.000 00

$20,000 00
5,000 00

2,750 33

1,018 04
50 00

2,175 13

876 75
1.000 00

1,472 57

19,901 21
40,541 76

21,473 17
43,217 56

28,142 53
47,798 82

19,194 32
46,267 80

18,541 36
52,534 13

62,768 37
68,933 38

64,425 55
65,452 41

72,874 90
59,284 61

82,319 40
76,532 85

84,447 70
74,909 58

$216,895 05

$219,636 73

$234,275 99

$251,191 12

$256,905 34

Other real e s ta te ................................
Due from other ban k s and bankers,
not, reserve cities............................
Ttems in tra,nsit, ................................
U nited States bonds:
Sa.vings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Sa.vings depa.rtment, ....................
Exchanges for clearing house:
Commercial depa.rtm ent...............
Sa.vings d epa.rtm ent.
...............
U. S. and N ational bank currency :
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Sa.vings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Sa.vings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Sa.vings d e p a rtm e n t......................
Checks an d other cash i t e m s ...........
T o tals............................................
Liabilities.
Ca.pi t,a.l st ock pa.i d i n ..........................
Surplus fund ....................................
Undivided profits, less losses, cur­
ren t expenses, interest and taxes
paid
...............................................
Dividends u n p a id ......... .....................
Commercial deposits subject to
check ..............................................
Commercial certificates of dep o sit..
Certified ch eck s..................................
Cashier’s checks o u tstan d in g ...........
Sta.te monies on deposit...................
Due to banks and b a n k e rs...............
Sa.vings deposits.................................
Savings certificates of d ep o sit........
Reserved for taxes, interest, etc. .
Notes a.nd bills rediscounted...........
Rills pa.yable........................................
T o tals............................................


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

STATE BANKS OF MICHIGAN.

67

No. 336.
CALUMET STATE BANK, CALUMET.
Organized April 23, 1906.
o a t s o n , P r e s id e n t ; E d w a r d U l s e t h , J. W . S e l d e n , V ic e P r e s id e n t s ;
F. J. K o h l h a a s , C a s h ie r ; W a l t e r E d w a r d s , A s s i s t a n t C a s h ie r .

T homas H

D i r e c t o r s .— Thomas Hoatson, W . C. Kinsm an, J. W . Selden, W . J. Uren, E dw ard Ulseth, Joseph

' Vertin, Thomas H. Collins, Joseph Bosch, A. G. MacLeod, Guerrino Martini, C. J. Morrison.
Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds, m ortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings............ ............
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 bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d e p artm en t...............
Savings d ep artm en t.......................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
U. S. and National bank currency:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Gold coin:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Checks and other cash ite m s ...........
T o tals............................................
Liabilities.
Capital stock paid i n .......................
Surplus fu n d ........................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
paid
...............................................
Dividends u n p a id ..............................
Commercial deposits subject to
check ...............................................
Commercial certificates of d ep o sit..
Certified ch eck s..................................
Cashier’s checks o u tstanding..........
State monies on d ep o sit...................
Due to banks and b an k ers...............
Savings deposits.................................
Savings certificates of d ep o sit........
Reserved for taxes, interest, etc. ..
Notes and bills red iscounted...........
Bills p a y a b le .......................................
T o tals............................................


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

Report of
R eport of
Report of
Report of
Report of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

«341,664 15

«334,673 40
27,368 40

«378,864 09
27,368 40

«337,424 24
70,337 06

$335,622 07
75,864 74

85,992 34

92,037 91

91,454 16

87,742 56

90,561 28

101 52

29 85

12 37

28 24

109 60

50,000 00
8,733 71

50,000 00
8,733 71

50,000 00
8,733 71

50,000 00
8,733 71

50,000 00
8,733 71

8,837 62
298 95

2,567 64
225 92

5,826 28
836 85

64 86

2,185 51

50,625 06
26,469 09

66,950 30
50,184 50

37,629 97
• 45,101 45

30,143 27
18,422 21

50,268 65
32,712 77

44,744 00
20,000 00

44,292 00
20,000 00

35,211 00
20,000 00

21,014 00
23,000 00

32,702 00
23,000 00

10,707 50

11,640 00

12,642 50

13,347 50

15,050 00

5,112 25

6,718 27

5,078 35

4,227 30

4,395 10

31 04

166 28

128 55

308 45

197 79

1,627 03

2,786 48

1,264 17

3,367 39

1,005 57

$654,944 26

«718,374 66

«720,151 85

«668,160 79

«722,408 79

$100,000 00

«100,000 00
30,000 00

$100,000 00
30,000 00

«100,000 00
30,000 00

«100,000 00
30,000 00

31,369 47

3,783 62

4,885 93

11,192 92

10,303 70

300,948 85

353,502 90
50,000 00

317,923 35
50,000 00

254,060 40
50,000 00

289,056 11
75,000 00

512 90

723 10

1,457 69

3,195 55

2,745 16

110,760 84
111,352 20

116,662 64
63,702 40

881 61
150,885 29
64,117 98

7,083 19
149,257 74
03,370 99

229 76
150,232 09
64,841 97

$654,944 26

«718,374 66

«720,151 85

1668,160 79

$722,408 79

STATE BANKING DEPARTMENT.

68

No. 87.
T H E M ERCHANTS’ AND M IN E R S’ BANK, CALUMET.
Organized A ugust 7, 1873.
Corporate existence extended. December 4, 1902.
C h a u l e s B r i g g s , P r e s id e n t ; P e t e r R u p p e , F i r s t V ic e P r e s id e n t ; W m . B. A n d e r s o n , S e c o n d V ic e
P r e s i d e n t a n d M a n a g e r ; S t e p h e n P a u l l , C a s h ie r ; J. D. J a m e 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 .— Charles Briggs, Will A. Childs, P eter Ruppe, Paul P. Roehm, E. M. Lieblein, Jam es

Hoatson, Jam es Chynoweth, John Daniell, Fred Smith, W. B. Anderson, Gordon R. Campbell
Charles O. Jackola.
Resources.

R eport of
R eport of
R eport of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

Loans and discounts:
Commercial d ep artm en t............... $1,282,285 18 $1,411,209 17 $1,339,089 35 $1,319,875 95
Savings d e p a rtm e n t......................
Bonds m ortgages and securities:
Commercial d ep artm en t...............
183,885 60
198,882 45
193,639 80
192,539 58
Savings d e p a rtm e n t......................
Prem ium a c c o u n t........... ...................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
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..................................
United States bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Exchanges for clearing house:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
U. S. and National bank currency:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t. . ...............
Checks and other cash ite m s...........

$1,344,802 68
189,298 58

74 15

119 10

725 00
34 59

647 50
162 85

647 50
273 39

7,000 00

6,000 00

6,000 00

6,000 00

6.000 ÒÓ

8,544 06

3,300 00

3,300 00

3,300 00

3.000 00

47,257 79
1,232 26

38,321 24
5,408 15

7,494 75
5,694 37

921 30
1,278 08

905 32
228 27

640,083 34

678,292 73

704,023 21

657,894 24

712,115 03

71,765 00

136,827 00

100,263 00

135,428 00

125,242 00

71,312 50

71,030 00

70,992 50

70,770 00

69,892 50

8,039 35

6,447 75

6,156 50

7,805 50

10,714 85

599 92

343 66

529 68

395 92

909 14

4,889 74

8,255 96

9,242 52

7,315 70

1,942 56

T o tals............................................ $2,326,968 89 $2,559,194 56 $2,452,427 92 $2,404,334 62

$2,465,971 82

Liabilities.
Capital stock paid i n .........................
$150,000 00
Surplus fu n d ........................................
150,000 00
U ndivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................
67,878 28
Dividends u n p a id ..............................
70 00
Commercial deposits subject to
check ................................................. 1,599,799 19
Commercial certificates of deposit..
347,933 51
Certified ch eck s..................................
Cashier’s checks o u tstan d in g ...........
5,311 85
State monies on deposit...................
Due to banks and b an k ers...............
5,976 06
Savings deposits.................................
Savings certificates of deposit........
Reserved for taxes, interest, e t c . .
Notes and bills rediscounted...........
Bills p ay ab le........................................

$150,000 00
150,000 00

$150,000 00
150,000 00

$150,000 00
150,000 00

$150,000 00
150,000 00

56,765 26
270 00

61,930 82
70 00

68,229 32
7,570 00

68,141 21
190 00

1,826,989
354,997
31
10,634

10
27
19
43

45
63
69
19

1,640,974
378,652
30
1,756

35
32'
00
44

1,664,860
423,891
85
4,176

09
11
00
30

7,122 19

4,628 11

T o tals............................................ $2,326,968 89 $2,559,194 56 $2,452,427 92 $2,404,334 62

$2,465,971 82


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

9,507 31

1,715,789
360,930
109
4,422

9,175 14

STATE BANKS OF M ICHIGAN.

69

No. 320.
T H E F IR S T STATE BANK OF CAMDEN, CAMDEN.
Organized A ugust 24, 1905.
C. B . A l w a b d ,

S. B l a i r , V ic e P r e s id e n t ; B . R . A l w a r d ,
A. K. S i m p s o n , A s s i s t a n t C a s h ie r .

P r e s id e n t; W .

C a s h ie r ;

D i r e c t o r s .— C. B. Alward, W. S. Blair, J. A. Bates, Jam es McCallum, B. R. Alward.

Resources.

Loans and discounts:
Commercial d ep artm en t.............
Savings d ep artm en t....................
Bonds, m ortgages and securities:
Commercial d e p a rtm e n t.............
Savings d ep artm en t.....................
Prem ium acco u n t...............................
O verdrafts............................................
Expenses, in terest,an d taxes paid,
exceeding earnings.........................
B anking 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 bonds:
Savings d e p a rtm e n t......................

R eport of
R eport of
R eport of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, TO. Mar. 29, TO. June 30-, TO. Sept. 1, TO.

$10,300 00
45,352 65

$9,000 00
44,920 84

$25,450 88
30,857 10

$31,889 17
30,741 71

$32,184 66
38,306 31

53,242 61

55,842 41

60,126 61

60,056 11

59,950 70

916 90

857 53

.......8Ì 98

224 93

839 36

1,000 00

1,000 00

1,000 00

1,000 00

532 60

1,213 65

151 27
260 00

482 70

1,572 07

9,724 35
10,517 32

6,704 22
11,637 36

5,504 17
10,192 00

2,834 00

1,782 00

6,000 00

10,000 00

3,353 00
9,000 00

210 00

'

1,000 00

Due from banks in reserve cities:
Commercial d ep artm en t.............
Savings d ep artm en t.....................
Exchanges for clearing house:
Commercial d e p a rtm e n t.............
Savings d ep artm en t.....................

21,679 45

17,270 40

U. S. and N ational bank currency:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................

4,765 00

- 7,042 00

1,060 00

1,380 00

500 00

185 00

160 00

1,000 00

1,000 00

1,000 00

444 10

775 45

175 90
135 00

301 85
425 00

220 00

106 47
80 25

228 08
258 06

210 89
03
406 62

169 10
5 34
300 24

161 54
2 34
323 14

$140,480 03

,998 42

,431 95

$156,904 73

$164,446 69

$20,000 00

$20,000 00

$20,000 00

$20,000 00

$20,000 00

2,577 86

1,742 90

2,302 11

2,565 73

3,136 64

9,906 96

8,008 39

13,493 78

15,473 48

17,638 70

102,995 21

106,247 13

108,636 06

113,865 52

118,671 35

$140,480 03

$140,998.42.

$149,431 95

$156,904 73

$164,446 69

Silver coin:
Commercial d e p a rtm e n t.. .
Savings d ep artm en t............
Nickels and cents:
Commercial d e p a rtm e n t. . .
Savings d ep artm en t............
Checks and other cash ite m s.
Totals.
Liabilities.
Capital stock paid i n .......................
Surplus fu n d ........................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ................................................... «
Dividends u n p a id ...............................
Commercial deposits subject to
ch eck .................................................
Commercial certificates of deposit.
Certified ch eck s..................................
Cashier’s checks o u tstan d in g ...........
State monies on d ep o sit...................
Due to banks and b a n k e rs...............
Savings d e p o s its ............................
Savings certificates of deposit.........
Reserved for taxes, interest, e t c . .
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

1,000 00

5,000 00

1,000 00

5,000 00

5,000 00

5,000 00

677 40

5,000 00

STATE BANKING DEPARTMENT.

70

No. 208.
T H E CAPAC SAVINGS BANK, CAPAC.
Organized Septem ber 8, 1898.
F T. M o o r e ,

P r e s id e n t ; W a l t e r S h e a r s m i t h , V ic e P r e s id e n t ; F r a n k B u r t , 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. T. Moore, W alter Shearsm ith, H. B. Hitchings, S. H. Moore, F rank B urt.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds m ortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
Ranking h o u se....................................
F urniture a,nd fix tu res......................
Other real e s ta te ................................
Due from other banks and bankers,
riot reserve citie s............................
Ttems in tr a n s it..................................
U nited States bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Exchanges for clearing house:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
U. S. and N ational bank currency:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................

R eport of
R eport of
R eport of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, TO. Mar. 29, TO. June 30, TO. Sept. 1, TO.

$25,761 77
77,713 45

$26,356 19
58,137 01

$49,491 61
74,460 97

$65,529 16
39,676 63

$68,850 44
40,116 88

49,745 58

69,553 86

47,876' 71

68,186 92

68,442 92

275 70

250 72

1,083 77

269 91

3,291 53

1,000 00

1,000 00

1,000 00

1,000 00

1,000 00

2,720 66

2,056 68

1,200 42

8,776 83
17,169 49

17,968 33
16,853 66

1,617 99
16,545 67

3,227 38

1,878 65
14,139 86

3,667 90
11,569 61
...

1,000 00
4,322 25

1,000 00
4,903 25

5,000 00
4,312 25

5,000 00
2,674 00

6,000 00
2,999 00

1,627 50

2,055 00

2,407 50

2,962 50

2,467 50

Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Checks and other cash ite m s...........

787 75

201 15

357 20

624 80

380 00

148 88
361 80

103 09
82 84

34 65
551 24

51 87
264 21

20 37
689 20

T o tals............................................

$191,411 66

$200,521 78

$206,039 98

$202,258 51

$212,722 73

$20,000 00
1,800 00

$20,000 00
1,800 00

$20,000 00
1,800 00

$20,000 00
1,800 00

$20,000 00
1,800 00

3,862 50

972 26

2,582 90

1,762 83

1,287 55

13,957 97

17,414 66
3,445 00

13,838 11
16,172 78

10,714 37
31,900 52

15,066 99
40,382 71

5,000 00

5,000 00

5,000 00

7,500 00

7,500 00

104,746 76
42,044 43

103,484 62
48,405 24

114,959 29
31,686 90

114,353 81
14,226 98

115,226 66
11,458 82

$191,411 66

$200,521 78

$206,039 98

$202,258 51

$212,722 73

Liabilities.
Capital stock pa,id i n .........................
Surplus f u n d ......................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
paid
...............................................
Dividends u n p a id ...............................
Commercial deposits subject to
check ...............................................
Commercial certificates of dep o sit. .
Certified ch eck s..................................
Cashier’s checks o u tstan d in g ...........
S tate monies on deposit...................
Due to banks and b a n k e rs...............
Savings deposits.................................
Savings certificates of dep o sit........
Reserved for taxes, interest, etc. .
Notes and bills red iscounted...........
Bills p ay ab le........................................
T o tals............................................


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

*

71

STATE BANKS OF MICHIGAN.
No. 303.
STATE SAVINGS BANK OF CARLETON, CARLETON.
Organized December 1, 1904.

J a c o b J. L u c k e , P r e s id e n t ; J u l i u s E. K a h l b a u m , V ic e P r e s id e n t ; H a r r y 8. G e r m a n , C a s h ie r ;
R o b e r t J. M c C o r m ic k , A s s i s t a n t C a s h ie r .
D i r e c t o r s .—Jacob J. Lucke, Chas. L. Edwards, Julius E. K ahlbaum , E. C. Maxwell, J. E dw ard

Ready, H arry S. German.

Resources.

Loans and discounts:
Commercial depaTtm ent...............
Savings depn,rtm ent......................
Bonds mortgages and securities:
Commercial dppartm p.nt...............
Savings dppartm p.nt......................
Prpmium am ount
Ovp r drafts ........................................
Expenses, interest and taxes paid,
pvrppding parnings
...................
P in k in g hoiisp.....................................
F urniture a,nd fix tu res.....................
Ofhpr real estate ..............................
Due from other banks and bankers,
not rpsprvp. r.itip.s............................
U nited States bonds:
Savings dppartmp.nt, ....................
Due from banks in reserve cities:
Commercial dppartm p.nt...............
Savings dppartm p.nt......................
Exchanges for clearing house:
Commercial dppartmp.nt,.............
Savings dppartmp.nt,
...........
U . S. and National bank currency:

Commercial dppartm p.nt...............
Savings dppartm p.nt......................
Gold coin:
Commercial dppartmp.nt,...............
Savings d p p artm p n t......................

Report of
Report of
R eport of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$35,559 35
40,877 75

$40,036 69
38,840 65

$41,534 69
43,320 65

$34,836 75
44,930 82

$34,923 64
46,848 26

63,905 00

66,431 00

65,431 00

66,311 00

71,036 00
11 12

130 72
5.000 00
1.000 00

5.000 00
1.000 00

5.000 00
1.000 00

5.000 00
1.000 00

5.000 00
1.000 00

439 39
195 00

2,521 34
439 50

3,530 64

2,038 85

3,639 83

15,988 09
11,833 86

5,490 82
15,114 05

6,505 75
17,671 60

12,191 16
18,524 25

8,736 95
17,114 37

2,060 00
1,000 00

1,412 00
4,350 00

1,000 00
2,800 00

5,000 00
2,648 00

1,500 00
3,994 00

1,255 00
3,000 00

1,000 00
2,955 00

800 00
3,200 00

2,500 00
385 00

500 00
2,142 50

Silver coin:
Commercial dppartm p.nt...............
Savings d p p artm p n t.......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Checks and other cash ite m s...........

170 00
150 00

32 00
580 00

250 00
520 00

68 00
100 00

100 00
250 00

53 50
43 50
777 54

1 43
96 01
80 95

34 13
20 52
206 23

22 78
59 49
276 75

46 33
19 88
157 18

T o tals ...................................................

$183,438 70

$185,381 44 | $192,825 21

$195,892 85

$197,020 07

Liabilities.
Capital stock paid i n .........................
Surplus fund ......................................
U ndivided profits, less losses, cur­
rent expenses, interest and taxes
paid
.......................................................
Dividends n n p a id ..............................
Commercial deposits subject to
check ..................................... ............
Commercial certificates of deposit,. .
Certified checks ..............................
Cashier’s chpcks oijtst.a.nding...........
State monies on deposit, ...............
Due to banks a.nd ha.nkers...............
Savings deposits.................................
Savings certificates of deposit.........
R p S ervpd for taxes interest, etc. .
Notes and hills rediscounted..........
Pills payable
................................
T o tals ...................................................


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

$20,000 00
2,000 00

$20,000 00
4,000 00

$20,000 00
4,000 00

$20,000 00
4,500 00

$20,000 00
4,500 00

2,955 44

1,287 23

2,363 88

1,047 63
1,200 00

2,486 50

36,907 96

28,646 55
3,000 00

33,291 33

31,511 62

28,471 38

111,881 73
9,693 57

117,695 30
10,752 36

122,690 64
10,479 36

128,106 56
9,527 04

133,877 94
7,684 25

$183,438 70

$185,381 44

$192,825 21

$195,892 85

$197,020 07

STATE BANKING DEPARTMENT.

72

No. 287.
T H E COMMERCIAL SAYINGS BANK OF CARO, MICHIGAN.
Organized M ay 14, 1904.
J o h n F. S e e l e y , P r e s id e n t ; S. F. C h a s e , V ic e P r e s id e n t ; L e w i s G. S e e l e y , C a s h ie r .
D i r e c t o r s .—John F. Seeley, S. F. Chase, Lewis G. Seeley, G. H. Slocum, William A. Forbes.

Resources.

Loans and discounts:
Cnmmerc.ia,! d ep artm en t...............
Savings d ep artm en t......................
Bonds, m ortgages and securities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Premium acco u n t...............................
O verdrafts.. . .*....................................
Expenses, interest and taxes paid,
exceeding earn in es.........................
Banking h o u se....................................
F urniture and fix tu res.....................

R eport of
Report of
Report of
Report of
Report of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$65,575 98
57,520 64

$90,986 50
21,813 48

$92,288 78
30,000 00

$86,702 08
50,000 00

$77,386 70
64,000 00

84,025 60

97,076 00

109,519 00

111,383 99

111,158 99

2,296 10

594 46

390 98

217 44

951 52

10,000 00
2,300 00

10,000 00
2,300 00

10,000 00
2,300 00

10,000 00
2,300 00

10,000 00
2,300 00

Other real e s ta te ................................
Due from other banks and bankers,
not reserve citie s...........................
Tt.ems in t,ra,nsit..................................
United States bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d ep artm en t.......................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
U. S. and N ational bank currency:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Nickels and cents:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Checks and other cash ite m s...........
T o ta ls............................................
Liabilities.
Capital stock paid i n .......................
Surplus fu n d ........................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
paid
...............................................
Dividends u n p a id ..............................
Commercial deposits subject to
check .................................................
Commercial certificates of deposit.
Certified ch eck s..................................
Cashier’s checks o u tstan d in g ...........
State monies on d ep o sit...................
Due to banks and h a n k e rs...............
Savings deposits.................................
Savings certificates of d ep o sit........
Deserved for taxes, interest, e tc ..
Notes and bills rediscounted...........
Dills payable .....................................
T o ta ls............................................


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

.

18,103 32

20,434 91
52,044 73

16,040 62
42,701 32

825 47

366 42

961 55

3,039 00
6.500 00

1,052 00
5,763 00

4,335 00
6,600 00

3,850 00
6,426 00

4,709 00
4,754 00

1,247 50
1.500 00

2,662 50

205 00
3,000 00

390 00
3,500 00

530 00
3,000 00

1,072 25

575 00
474 50

254 50
324 60

119 75
800 00

111 50
100 00

8,034 18
22,000 00
2,367 29

2,581 35
19,800 00
141 92

199 54

168 73

277 03

294 80

382 73

466 74

15 83
51 01
637 29

154 46
94
546 31

$254,500 20

$306,694 96

$319,665 12

$308,794 86

$302,226 69

$35,000 00
6,000 00

$35,000 00
7,000 00

$35,000 00
7,000 00

$35,000 00
7,000 00

$35,000 00
7,000 00

5,335 35

3,606 14
2,100 00

3,665 46

4,328 63

3,193 70

34,781 49
5,740 52

71,542 48
6,024 57

74,931 70
5,253 15

61,868 34
2,692 09

46,747 04
3,149 81

43,235 30
125,414 26

50,152 25
133,781 96

53,115 32
139,029 60

54,494 91
142,033 38

57,838 09
143,826 29

$254,500 20

$306,694 96

$319,665 12

$308,794 86

$302,226 69

5,000 00

STATE BANKS OF MICHIGAN.

73

No. 286.
T H E STATE SAVINGS BANK OF CARO, MICHIGAN.
Organized April 27, 1904.
T. W. A t w o o d ,
J. M. E a l y ,

P r e s id e n t ; G. H. S l o c u m , H e n r y P a r k e r , R. B. M c N a i r , V ic e P r e s id e n t s ;
C a s h ie r ; L ouis W e a n , A s s i s t a n t C a s h ie r ; H e n r y P a r k e r , A u d ito r .

D i r e c t o r s ,— T. W. Atwood, G. H. Slocum, R. B. McNair, J. M. Ealy, H enry Parker, T. C. Quinn,

J. McNair Ealy.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d ep artm en t......................
Bonds, mortgages and securities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Prem ium acco u n t...............................
O v e rd ra fts ..........................................
Expenses, interest and taxes paid,
exceeding earnings.........................
Banking h o u se....................................
F u rn itu re and fix tu res.....................

R eport of
R eport of
R eport of
Report of
Report of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$185,271 48
30,000 00

$203,625 15
40,000 00

$214,405 02
50,000 00

$207,547 75
54,300 00

$198,047 26
68,210 00

176,758 65

173,496 15

182,929 65

187,639 40

185,130 90

1,259 75

1,965 76

1,088 37

2,317 84

1,009 58

10,000 00
2,700 00

10,000 00
2,700 00

10,000 00
2,700 00

10,000 00
3,000 00

10,000 00
3,000 00

51,769 67
22,477 72

64,466 65
40,247 74

13,700 57
44,767 64

24,603 96
20,046 64

9,823 07
29,487 34

1,003 25

3,105 43

4,488 29

12,954 41

12,226 89

22,596 00
5,300 00

14,169 00
7,000 00

12,598 00
7.000 00

9,756 00
6,000 00

13,862 00
5,000 00

6,700 00

80 00
7,500 00

75 00
8.000 00

8,500 00

^ 15 00
9,700 00

965 10

1", 324 20

2,390 80

2,447 75

1,472 15

372 08

421 33

354 15

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 bonds:
Savings, d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d ep artm en t.......................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
U. S. and National bank currency:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Nickels and cents:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Checks and other cash ite m s ...........

353 88

331 93

538 96

16 30

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

$517,694 46

$570,028 31

$50,000 00
10,000 00

$50,000 00
10,000 00

Liabilities.
Capital stock paid i n .......................
Surplus fu n d ........................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................
Dividends u n p a id ..............................
Commercial deposits subject to
ch e c k .................................................
Commercial certificates of deposit.
Certified ch eck s................... ..............
Cashier’s checks o u tstan d in g ...........
S tate monies on d ep o sit...................
Due to banks and b an k ers...............
Savings deposits.................................
Savings certificates of dep o sit.........
Reserved for taxes, interest, e tc ..
Notes and bills rediscounted...........
Bills p a y a b le .......................................
T o tals............................................
10


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

147 61

3 88

$554,515 42

$549,682 69

$547,342 22

$50,000 00
10,000 00

$50,000 00
10,000 00

$50,000 00
10,000 00

10,533 97

10,874 74

12,876 73

14,073 32

9,933 53

177,891 60

205,657 69

170,599 12

157,659 04

146,596 70

24,089 06

8,403 77

5,515 23

6,590 34

16,201 51

5,000 00

5,000 00

10,000 00

38,916 50
201,263 33

49,244 61
230,847 50

52,340 04
243,184 30

$517,694 46

$570,028 31

$554,515 42

20,000
1,511
53,643
236,205

00
15
15
69

51,548 99
243,061 49

20,000 00

$549,682 69

$547,342 22

STATE BANKING DEPARTMENT.

74

No 72.
STATE BANK OF CARSON CITY, CARSON CITY.
Organized February 14, 1887.
E. C. C u m m in g s ,

P r e s id e n t ;

J. W. H a l u e t t ,

V ic e P r e s i d e n t ; I r a C u m m in g s ', C a s h ie r ..

D i r e c t o r s .— E. C. Cummings, Irvin McCall, J. W. H allett, John Boyer, Ira Cummings, G. H. P atterson,

L. H. Cummings.

Resources
reso
u rces.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds, mortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
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 bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
U. S. and N ational bank currency:
Commercial d e p a rtm e n t...............
Savings d ep artm en t......................
Gold coin:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Checks and other cash ite m s...........
T o tals............................................
Liabilities.
Capital stock paid i n .......................
Surplus fu n d ........................................
Undivided profits, less losses, cur­
rent 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. .
Certified ch eck s..................................
Cashier’s checks outstanding..........
State monies on d ep o sit...................
Due to banks and b an k ers...............
Savings deposits.................................
Savings certificates of dep o sit........
Reserved for taxes, interest, etc. . .
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

R eport of
R eport of
R eport of
R eport of
' Nov.
R eport
of
16> ,Q9
Jan. 31, TO. Mar. 29, TO. June 30, TO. Sept. 1, TO.
|

«102,074 71

$121,046 52

$116,009 01

$112,048 18

$101,205 41
14,734 00

246,058 40

245,248 71

245,752 50

264,302 50

46,403 75
219,886 25

2 69

3 31

284 91

7 08

4 66

4.000 00
1.000 00

4,000 00
1,441 00

4,000 00
1,441 00

4,000 00
1,441 00

4,000 00
1,441 00

400 00

400 00

400 00

400 00

400 00

17.086 03
25.087 13

28,744 72
9,052 69

29,370 34
10,194 62

41,420 57
7,545 91

12,521 29
28,098 94

11,234 00
8,000 00

2,925 00
8,000 00

6,721 00
10,000 00

4,398 00
13,000 00

1,606 00
16,000 00

50 00
6,000 00

40 00
6,000 00

2,020 00
4,000 00

6,125 00

70 00
6,000 00

1,843 60

2,709 75

2,855 55

2,587 60

3,581 75

122 07

98 34

47 88

12 84

106 77

552 83

70 87

97 05

1,322 64

173 99

$423,511 46

$429,780 91

$433,193 86

$458,611 32

$456,233 81

$25,000 00
10,000 00

$25,000 00
10,000 00

$25,000 00
10,000 00

$25,000 00
10,000 00

$25,000 00
10,000 00

11,137 53

9,191 00

12,455 04

11,689 35

9,263 75

52,136 62
39,691 78

59,290 89
57,597 62

51,257 19
64,134 51

48,105 28
78,568 28.

47,434 71
79,416 16

285,545 53

268,701 40

270,347 12

285,248 41

285,119 19

$423,511 46

$429,780 91

$433,193 86

$458,611 32

$456,233 81

STATE BANKS OP M ICHIGAN.

75

No. 234.
EXCHANGE STATE BANK, CARSONVILLE.
Organized June 20, 1901. .
D a v id Cr o r e y , P r e s id e n t ; F . C. Cr o r e y , V ic e P r e s id e n t ; W . J . M c Ca r e n , C a s h ie r ;
F r a n k C. Cr o r e y , A s s i s t a n t C a s h ie r .
D i r e c t o r s .— David Crorey, W. J. McCaren, Ellen McCaren, Mary McNinch, F. C. Crorey, A rthur Crorey,

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds, m ortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
Banking h o u se....................................
F u rn itu re and fix tu res......................

R eport of
R eport of
R eport of
R eport of
Report of
Nov. 16, ’09. Jan. 31, TO. Mar. 29, TO. June 30, TO. Sept. 1, TO.

$72,656 15
31,946 02

$72,609 76
32,501 68

$83,561 35
30,825 41

$81,268 43
31,770 82

$82,180 09
28,533 43

66,186 85

4,875 00
71,930 90

86,362 90

86,387 90

89,287 90

208 54

551 31

949 98

379 35

1,300 16

1,500 00
1,295 55

1,500 00
1,295 55

1,500 00
1,295 55

1,500 00
1,295 55

1,500 00
1,295 55

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 bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
U. S. and National bank currency:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Gold coin:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Checks and other cash ite m s ...........
T o tals............ •.............
Liabilities.
Capital stock paid, i n .......................
Surplus f u n d ......................................
Undivided profits, less losses, cur­
rent 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. .
Certified ch eck s..................................
Cashier’s checks o u tstanding...........
State monies on d ep o sit...................
Due to banks and b an k ers...............
Savings deposits.................................
Savings certificates of dep o sit........
Reserved for taxes, interest, e t c . . .
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

2,579 43
'
34,756 94
36,792 44

27,611 27
30,312 33

27,927 22
31,009 40

31,612 55
36,412 98

29,328 16
42,985 69

5,080 00
2,135 00

10,981 00
2,150 00

7,210 00
3,150 00

6,570 00
2,000 00

3,427 00
5,250 00

72 50
4,615 00

70 00
4,850 00

45 00
4,950 00

5,540 00

5,600 00

413 45

532 00

275 10
234 00

275 90
60 00

87 50
250 00

138 71

134 88

418 80

231 55

77 07
53 60
195 95

67 75
35 81
375 26

58 44
52 83
2,094 26

$258,215 95

$262,137 23

$279,628 53

$285,552 30

$295,870 44

$20,000 00
4,000 00

$20-, 000 00
4,000 00

$20,000 00
4,000 00

$20,000 00
4,000 00

$20,000 00
4,000 00

2,851 48

2,028 08

2,985 83

3,394 63

1,904 52

52,772 48
39,851 19

48,452 08
39,019 83

54,977 89
38,061 23

50,770 63
42,821 15

51,144 29
46,791 78

1,094 75

163 86

3,018 27

2,359 38

137,646 05

148,473 38

156,585 31

162,206 51

172,029 85

$258,215 95

$262,137 23

$279,628 53

$285,552 30

$295,870 44

76

STA TE B AN KING D EPA R TM EN T.

No. 180.
STATE BANK OF CARSONVILLE, CARSONVILLE.
Organized October 17, 1895.
W m . H. A i t k i n , P r e s id e n t ; H. W . S m i t h , V ic e P r e s id e n t ; A l l e n R. N i l e s , C a s h ie r ;
J. M a t h e s o n , A s s i s t a n t C a s h ie r .
D i r e c t o r s .— Wm. H. Aitkin, M. C. Richardson, H. W. Smith, A. R. Niles, M. H. Aitkin.

, Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds, m ortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
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 bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d e p a rtm e n t...............
Savings departm ent ...................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
U. S. and National bank currency:
Commercial d e p a rtm e n t...........A
Savings d ep artm en t.......................
Gold coin:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t..................
Checks and other cash ite m s...........
T o ta ls............................................

R eport of
R eport of
R eport of
Report of
Report of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, TO. June 30, TO. Sept. 1, TO.

$123,584 61
36,424 70

$103,013 48
24,641 52

$128,006 45

$129,077 78
12 448 02

$128,877 20
28,341 07

65,996 26

11,220 65
75,648 46

104,776 61

118,968 79

126,332 90

275 33

230 86

199 03

764 64

1,172 14

3,326 76
1,995 00

387 10
3,326 76
1,995 00

3,326 76
2,020 13

3,326 76
2,015 13

3,326 76
2,014 13

1,080 22

885 22

885 22

885 22

885 22

7,854 00

8,274 18
485 45

7,623 10
1,014 91

8,534 33
756 03

1,898 26
250 00

12,671 41
11,966 37

30,377 16
10,071 29

29,429 85
10,053 18

15,224 84
14,801 72

8,600 48
24,246 65

10,930 00

10,308 00

7,227 00
1,175 00

6,062 00
6,000 00

8,841 00
3,340 00

6,000 00

387 50
6,000 00

6,825 00

287 50
6,267 50

7,660 00

1,215 30

1,592 00

1,616 60

1,601 80

1,111 10

294 56

336 17

349 77

373 72

239 92

36 15

1,204 32

1,987 73

228 07

$289,216 95

$305,732 93

$329,383 52

$347,364 90

$20,000 00
4,220 00

$20,000 00
4,220 00

$20 ,.000 00
4,220 00

$20,000 00
4,220 00

1,030 74

969 31

312 11

59,608 91
90,237 05

53,978 23
83,766 00

63,009 19
72,817 33

63,900 49
48,312 76

7,500 00

7,500 00
709 17

10,000 00

10,000 00
2,306 03

107,650 99

134,528 79

158,367 69

198,313 51

$289,216 95

$305,732 93

$329,383 52

$347,364 90

$283,614 52

Liabilities.
Capital stock paid i n .......................
$20,000 00
Surplus fund .*....................................
4,220 00
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................
1,048 75
Dividends u n p a id ..............................
Commercial deposits subject to
ch eck .................................................
56,532 20
Commercial certificates of dep o sit..
86,714 45
Certified ch eck s..................................
Cashier’s checks o u tstanding..........
State monies on d ep o sit...................
7,500 00
Due to banks and b a n k e rs...............
125 00
Savings deposits.................................
Savings certificates of dep o sit........ 1 107,474 12
Reserved for taxes, interest, etc. . . | ......................
Notes and bills rediscounted...........| .......................
Bills p a y a b le ....................................... i......................
T o ta ls............................................ 1 $283,614 52


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

77

STATE BANKS OF M ICHIGAN.

No. 421.
THE CASS COUNTY STATE BANK, CASSOPOLIS.
Organized August 27, 1908.
F a i r f i e l d G o o d w in , P r e s id e n t ; E d g a r A. P l a n c k , S t e p h e n I. R u d d , V ic e P r e s id e n t s ;
F r a n k J . P h i l l i p s , C a s h ie r ; H e n r y E . G r a n t , A s s i s t a n t C a s h ie r .
D i r e c t o r s .— Fairfield Goodwin, John R. Carr, E dgar A. Planck, Stephen I. Rudd, Jam es L. Robinson,

William Jones, Isaac R. Schurte.

Resources,

Loans and discounts:
Commercial d ep artm en t...............
Savings d ep artm en t......................
Bonds, m ortgages and securities:
Commercial d e p artm en t...............
Savings d ep artm en t.......................
Prem ium account...............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
Banking h o u se....................................
F u rn itu re and fix tu res.....................
Other real estate ................... . . . .
Due from other banks and bankers,
not reserve cities...........................
Item s in tr a n s it..................................
United S tates bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings departm ent ...................
Exchanges for clearing house:
Commercial d e p artm en t...............
Savings d e p a r tm e n t.....................
U. S. and N ational bank currency:
Commercial d e p artm en t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Nickels and cents:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Checks and other cash ite m s...........
T o tals............................................
Liabilities.
Capital stock paid i n .......................
Surplus fu n d ........................................
Undivided profits, less losses, cur­
rent 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.
Certified checks ................................
Cashier’s checks o u tstan d in g ...........
State monies on d ep o sit...................
Due to banks and b an k ers...............
Savings deposits.................................
Savings certificates of deposit.........
“Reserved for taxes interest, e tc. .
Notes a,nd bills rediscounted...........
Bills pa.ya.ble
...........................
Totals ............................... ..........


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

R eport of
R eport of
R eport of
R eport of
R eport of
Nov. 16, '09. Jan. 31, '10. Mar. 29, '10. June 30, TO. Sept. 1, TO.

$41,044 98

$42,617 28

$49,884 21

$45,153 33

$54,702 67
3,525 00

11,575 75
1,500 00

13,868 14
1,500 00

13,640 64
3,390 00

11,190 64
2,000 00

83 20
108 46

83 20
18 07

12,990 64
3,105 58
1
72 80
39 45

72 80
185 55

72 80
41 14

3,995 92

4,142 41

4,142 41

4,167 41

4,167 41

1,635 81

3,833 41

2,673 37

2,489 48

3,377 83

8,448 29

14,277 69

9,480 07

9,262 20

11,001 09

36 65

1,478 54

848 18

4,016 00
900 00

2,948 00
1,200 00

3,268 00
1,300 00

2,182 00
1,000 00

230 00

410 00

140 00

170 00

475 65
47 10

740 15
75 00

419 70
66 00

1,035 10
31 00

686 75
92 20

82 67
05

103 67
46
11 00

43 38
06

111 05
39

88 60
05

$71,375 43

$86,416 48

$87,512 32

$85,725 49

$95,146 36

$40,000 00

$40,000 00
200 00

$40,000 00
200 00

$40,000 00
'200 00

$40,000 00
250 00

260 70

167 97

662 64

427 98

376 73
9 13

14,210 59
14,856 99

27,345 25
16,227 80

16,734 09
25,543 95

20,564 88
19,811 24

22,678 69
25,214 56

2,047 15

2,475 46

4,371 64

4,721 39

6,617 25

$71,375 43

$86,416 48

$87,512 32

$85,725 49

$95,146 36

599 55
1,278 00
500 00

78

STA TE BAN KING D EPA R TM EN T.

No. 343.
THE FIRST STATE BANK OF CENTRAL LAKE, MICH.
Organized June 30, 1906.
C. W. M c P h a i l ,

P r e s id e n t ; J o h n S i n a l l e g a n , V ic e P r e s id e n t ; W.
H a r r y O l m s t e a d , A s s i s t a n t C a s h ie r .

S. R ic h a k d s o n ,

C a s h ie r ;

D i r e c t o r s .— C. W. McPhail, John Sinallegan, W. S. Richardson, A. F. W allbrecht, H arry Olm stead.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds, m ortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Prem ium a c c o u n t.................. ! ..........
O verdrafts............................................
Expenses, interest and taxes, paid,
exceeding earnings.........................
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..................................
United S tates bonds:
Savings d e p a rtm e n t....................\
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Exchanges for clearing house:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
U. S. and N ational bank currency:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Cnmmercial departm ent,...............
Savings d e p a rtm e n t......................
Nickels and cents:
C o m m e rc ia l d ep artm en t...............
S a v in g s d e p a rtm e n t......................
C h e e k s a n d other ca.sh ite m s...........
T o tals............................................

R eport of
Report of
R eport of
R eport of
Report of
Nov. 16, ’09. Jan. 31, TO. Mar. 29, TO. June 30, TO. Sept. 1, TO.

$63,855 79
4,035 00

$64,092 45
5,150 00

$71,854 31

$80,654 09

$81,995 57

8,781 62
5,577 65

15,802 42
5,577 65

10,607 03
11,127 65

8,508 37
16,418 03

4,986 43
21,573 20

95 54

75 91

266 37

161 15

259 98

3,200 00
1,800 00

3,200 00
1,800 00

3,200 00
1,800 00

3,200 00
1,800 00

3,200 00
1,800 00

3,663 58

1,550 56

2,178 76

2,306 75

3,857 72

16,703 51

10,019 02

15,907 95

8,162 24
2,006 79

9,165 67
2,016 63

213 22

468 74

787 02

272 20

376 40

3,382 00
400 00

3,020 00
1,100 00

4,520 00
907 00

5,659 00

4,050 00
1,013 00

65 00
1,200 00

1,400 00

150 00
1,050 00

95 00
1,500 00

1,655 00

673 60
90 50

914 80
60 00

1,074 15
50 00

1,067 95
75 00

686 25
150 00

58 50
02

91 37
9 38

89 08
30 45

70 66
7 33

64 80
4 53

$113,795 53

$114,332 30

$125,599 77

$131,964 56

$136,855 18

$20,000 00
2,000 00

$20,000 00
3,000 00

$20,000 00
3,000 00

$20,000 00
3,000 00

$20,000 00
3,000 00

4,375 63

350 81

1,326 09

2,703 52

3,417 63

22,575 06
53,199 88

24,090 58
53,378 65

32,641
54,942
2
450

63
32
00
79

27,202 09
58,023 69
775 00

28,933 53
55,007 41

341 79
11,303 17

215 23
13,297 03

71 84
13,165 10

78 29
16,395 72
3,786 25

84 25
21,772 61
4,639 75

$113,795 53

$114,332 30

$125,599 77

$131,964 56

$136,855 18

Liabilities.
C a p ita l s to c k p a id i n ..............................
S u rp lu s f u n d ...............................................

Undivided profits, less losses, cur­
rent expenses, interest and taxes
paid ...............................................
Dividends u n p a id ..............................
Commercial deposits subject to
check ...............................................
Commercial certificates of d ep o sit. .
Certified ch eck s..................................
C a s h ie r’s c h e c k s o u ts ta n d in g :............

State monies on deposit...................
D u e to h a n k s a n d b a n k e r s .................

Savings deposits.................................
Savings certificates oU deposit.........
Reserved for taxes, interest, etc. .
Notes and bills rediscounted...........
Bills p ay ab le........................................
T o ta ls............................................


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

79

STATE BANKS OF MICHIGAN.

No. 391.
THE WOLF BROS. STATE BANK, CENTREVILLE.
Organized March 26, 1908.
F r a n k W o l f , P r e s id e n t ; H u g h P. S t e w a r t , E. I. W o l f , V ic e P r e s id e n t s ; C. D. M o s h e r , C a s h ie r ;
D a v id M i l l e r , A u d ito r .
D i r e c t o r s .— F rank Wolf, E. I. Wolf, H ugh P. Stewart, C. D. Mosher, C. A. Dockstader, B ryant Weed.

Resources.

Loans and discounts:
Commercial d ep artm en t.............■.
Savings d ep artm en t......................
Bonds, m ortgages and securities;
Commercial d e p a rtm e n t...............
Savings d e p a r tm e n t.....................

R eport of
R eport of
R eport of
Report of
Report of
Nov. 16, ’09. Jan. 31, '10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$70,149 17
58,027 33

$104,635 70
57,977 33

$135,514 14
60,577 33

$86,053 38
48,537 85

$66,546 12
59,600 00

77,735 54

91,095 54

112,495 45

6,000 00
122,027 30

6,000 00
122,490 45

14 77

44 37

33 33

10 00

2,500 00

2,500 00

2,500 00

2,500 00

1,555 00

80 00

60,761 04
15,000 00

20,637 16
21,688 02

24,207 79
25,694 79

13,528 37
15,223 88

11,902 10
25,928 25

1,100 00
6,000 00

1,640 00
5,000 00

6,000 00

2,147 00
7.000 00

1,382 00
5.000 00

1,270 00
2,500 00

1,075 00
2,500 00

3,000 00

705 00
3.000 00

55 00
3.000 00

534 25
500 00

303 50
400 00

728 00

2,086 50

836 75

216 34

167 09

150 50

200 38

104 80

91 28

22 78

73 05

Prem ium acco u n t...............................
O v erd rafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
B anking h o u se....................................
F u rn itu re and fix tu res.....................
O ther real e s ta te ................................
D ue from other banks and bankers,
not reserve cities............................
Item s in tr a n s it..................................
U nited States bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d ep artm en t.......................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
U. S. and National bank currency:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Nickels and cents:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Checks and other cash ite m s...........
T o tals............................................
Liabilities.
C apital stock paid i n .......................
S urplus fu n d ........................................
Undivided profits, less losses, cur­
rent 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.
Certified ch eck s...................................
Cashier’s checks o u tstan d in g ...........
S tate monies on d ep o sit...................
Due to banks and b an k ers...............
Savings deposits..................................
Savings certificates of dep o sit.........
Reserved for taxes, interest, e tc ..
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

2,500 00

>

14 40
$296,308 07

$311,189 11

$371,083 65

$309,065 77

$305,428 52

$30,000 00
3,000 00

$30,000 00
4,000 00

$30,000 00
4,000 00

$30,000 00
4,000 00

$30,000 00
4,000 00

4,534 80

456 44

1,314 74

2,109 13

3,948 62

71,155 90

82,653 18

133,731 57

61,727 36

54,582 50

23,386 79
164,230 58

24,690 66
169,388 83

28,320 08
173,717 26

35,478 31
175,750 97

35,309 03
177,588 37

$296,308 07

$311,189 11

$371,083 65

$309,065 77

$305,428 52

STA TE BAN KING D EPA R TM EN T.

80

No. 315.
THE CHARLEVOIX STATE SAVINGS BANK, CHARLEVOIX.
Organized June 8, 1905.
R. P. F o l e y ,

P r e s id e n t ;

G. C. G e i k e n , H. S. H a r s h a , V ic e P r e s id e n t s ; W. J. R a c h o w ,
R. S. J a c k s o n , A s s i s t a n t C a s h ie r .

C a s h ie r ;

D i r e c t o r s .— R. P. Foley, John Burns, G. C. Geiken, H. S. H arsha, Guy S. Brown, W. J. Rachow,

P. D. Campbell.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds, m ortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Promiiim a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
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..................................
United States bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t......................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
U. S. and National bank currency:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Gold coin:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Checks and other cash ite m s...........
T o tals............................................
Liabilities.
Capital stock paid i n .......................
Surplus fu n d ........................................
Undivided profits, less losses, cur­
rent 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..
Certified' ch eck s..................................
Cashier’s checks outstanding..........
State monies on d ep o sit...................
Due to banks and b an k ers...............
Savings deposits.................................
Savings certificates of dep o sit........
Reserved for taxes, interest, etc. . .
Notes and bills rediscounted...........
Bills p a y a b le .......................................
T o tals............................................


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

R eport of
R eport of
Report of
Report of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, TO. June 30, TO. Sept. 1, TO.

$58,810 83
21,475 63

$44,984 99
15,475 28

$46,956 37
16,675 28

$47,957 36
13,800 28

$64,280 50
20,500 28

2,800 00
23,750 00

2,800 00
33,420 00

2,800 00
33,835 00

2,800 00
39,749 00

2,800 00
40,083 00

163 57

183 50

614 10

599 58

501 13

3,637 50

3,637 50

3,637 50

3,637 50

3,637 50

1,500 00

1,500 00

1,500 00

1,500 00

3,300 00

203 91

1 64

1 94

1 94

4,453 29
9,500 00

1,968 63
3,378 37

1,825 29
6,000 00

1,699 89
4,000 00

14,408 67
6,000 00

2,000 00
2,083 00

2,527 00
5,000 00

2,780 00
1,400 00

5,600 00
2,973 00

5,077 00
2,700 00

1,290 00

1,035 00

1,230 00

505 00
1,000 00

670 00
1,000 00

400 00
437 30

835 07
487 03

1,177 45
300 00

717 55
1,000 00

954 30
1,000 00

4 84
129 57
487 73

200 00
23 09
48 58

144 79
89 88
323 80

117 02
175 41
779 99

229 81
29 52
146 25

$133,127 17

$117,505 68

$121,291 40

$128,613 52

$167,317 96

$25,000 00
1,100 00

$25,000 00
1,500 00

$25,000 00
1,500 00

$25,000 00
1,600 00

$25,000 00
1,600 00

2,954 77

1,289 90
6 00

1,971 99

2,185 64

2,428 36

40,292 01
4,627 16

27,456 87
2,812 51

26,835 49
1,453 76

33,501 79
1,128 40

63,848 40
628 40

5,000 00

2,500 00

2,500 00

16,609 47
42,543 76

17,919 48
41,520 92

17,098 00
42,432 16

14,377 59
48,320 10

18,714 86
52,597 94

$133,127 17

$117,505 68

$121,291 40

$128,613 52

$167,317 96

STATE BANKS OF MICHIGAN.

81

No. 218.

,

EATON COUNTY SAVINGS BANK, CHARLOTTE.
Organized August 14, 1899.

A. D. B a u g h m a n ,

H. S p e n c e r , V ic e
N. B . A l s o v e r , A s s i s t a n t

P r e s id e n t ; G e o .

P r e s id e n t ;
C a s h ie r .

H. K. J e n n i n g s ,

C a s h ie r ;

D i r e c t o r s .— A. D. Baughm an, W. B. Otto, Albert Murray, H. K. Jennings, G. H. Spencer,

E. D. Barber, Chas. B. Lamb.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds mortgages and securities:
Commercial d ep artm en t.............;
Savings d e p a rtm e n t......................

R eport of
Report of
Report of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, TO. Mar. 29, TO. June 30, TO. Sept. 1, TO.

$124,485 90

$135,861 92

$125,341 76

$112,259 30

$113,203 65

214,295 12

211,090 12

215,190 32

233,424 32

240,834 32

4,450 00

4,450 00

4,450 00

4,450 00

4,450 00

4,782 45

2,477 45

3,448 44

Prem ium a c c o u n t..............................
O v e rd ra fts ..........................................
Expenses, interest and taxes paid,
exceeding earnings.........................
B anking h o u se....................................
F urniture and fix tu res.....................
Other real estate ..............................
Due from other banks and bankers,
not reserve cities............................
Item s in tr a n s it..................................
U nited States bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Exchanges for clearing house:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................

22,176 89

25,306 00

25,333 33

25,373 64

25,420 65

U. S. and N ational bank currency:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................

16,012 00

12,789 00

13,058 00

15,968 00

15,192 00

64 00

42 00

24 00

122 00

70 00

5 39
5 00

8 06

2 71
214 05

3 44
14 60

9 66
91 80

$381,509 30

$389,547 10

$388,396 62

$394,092 75

$402,720 52

$100,000 00
20,000 00

$100,000 00
20,000 00

$100,000 00
20,000 00

$100,000 00
20,000 00

$100,000 00
20,000 00

8,139 36
16 00

6,958 48
80 00

7,680 52
44 00

5,549 14
4,024 00

6,979 35
72 00

90 56
244,113 38
9,150 00

3,433 14
249,925 48
9,150 00

249,822 10
9,150 00
1,700 00

255,369 61
9,150 00

265,753 17
9,916 00

$381,509 30

$389,547 10

$388,396 62

$394,092 75

$402,720 52

Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Checks and other cash ite m s...........
T o tals............................................
Liabilities.
Capital stock paid i n .........................
Surplus fu n d ......................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
paid ...............................................
Dividends unpaid
.......................
Commercial deposits subject to
check ...............................................
Commercial certificates of d ep o sit. .
Certified checks ..............................
Cashier's checks o u tstan d in g ...........
State monies on deposit...................
Due to banks and b an k ers...............
Savings deposits.. ...........................
Savings certificates of dep o sit........
"Reserved for taxes, interest, etc. .
Notes a,nd bills rediscounted...........
Dills p ay ab le........................................
T o tals............................................

11


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

15 00

82

STA TE BAN KING D EPA R TM EN T.
No. 305.
CHEBOYGAN COUNTY SAVINGS BANK, CHEBOYGAN.
Organized Jan u ary 24, 1905.
J a m e s F. M o l o n e y , P r e s id e n t ; W m . L. M a k t i n , V ic e P r e s id e n t ; P e r c y T. D u d l e y , C a s h ie r .

D i r e c t o r s — Jam es F. Moloney, Wm. L. M artin, J. H. Clune, W. L. H agadorn, George Annand,

S. A. St. Amour, Vet S. Moloney, Geo. E. Frost, H enry Barber.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
avings d e p a rtm e n t......................
Bonds, mortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
B anking h o u se....................................
F urniture and fix tu res.....................
O th er 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 bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d ep artm en t......................
U. S. and N ational bank currency:
Commercial d e p a rtm e n t...............
Savings d ep artm en t......................
Gold coin:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Checks and other cash ite m s..........
T o tals............................................
Liabilities.
Capital stock paid i n .......................
Surplus fund. .....................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................
Dividends u n p a id ..............................
Commercial deposits subject to
ch eck .................................................
Commercial certificates of d ep o sit. .
Certified ch eck s..................................
Cashier’s checks o u tstanding..........
State monies on d ep o sit...................
Due to banks and b an k ers...............
Savings deposits.................................
Savings certificates of dep o sit........
Reserved for taxes, interest, e tc . . .
Notes and bills rediscounted...........
Bills p a y a b le .......................................
T o tals............................................


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

Report of
Report of
R eport of
Report of
Report of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$87,560 54
20,373 10

$89,940 65
19,843 10

$106,666 27
5,700 00

$98 088 00
6,200 00

$94,507 69
14,550 00

62,960 15

63,156 28

63,431 28

65,590 50

62,490 50

1,383 00

883 63

6,707 18

722 49

922 45

3,997 91

3,997 91

3,997 91

3,997 91

3,997 9Ì

864 47
809 48

184 55

667 87
5,435 67

2,979 28

132 57

8,260 68
11,651 98

17,892 41
11,716 61

2,280 15
15,719 41

16,000 61
8,729 17

39,760 56
15,782 52

2,854 00
2,819 00

3,456 00
3,790 00

2,768 00
8,181 00

5,185 00
7,461 00

3,928 00
9,032 00

180 00
945 00

425 00
865 00

570 00
1,435 00

1,247 50
1,000 00

160 00
1,090 00

1,423 00
336 70

2,321 45
416 70

835 15
217 29

1,460 30
257 05

2,275 95
772 60

126 88
37 66
1,159 15

495 81
21 07
1,013 72

414 73
21 02
871 28

165 78
44 40
1,497 34

221 87
62 39
1,633 62

$201,742 70

$220,419 89

$225,919 21

$220,626 33

$251,320 63

$50,000 00
1,500 00

$50,000 00
2,000 00

$50,000 00
2,000 00

$50,000 00
2,000 00

$50,000 00
2,000 00

3,522 08

1,663 43
132 00

1,810 50
12 00

2,972 26

3,661 68

42,861 39

65,334 00

60,751 58

62,572 95

69,449 15
10,502 12
13,399 10
37,250 21
65,058 37

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

42 75
9,480 99
37,311 77
47,976 66

11,545 58
38,197 20
46,547 68

8,388 27
40,036 04
56,504 67

5,444 66
36,624 37
58,827 08

9,089 81

5,000 00

6,373 40

2,185 01

$201,742 70

$220,419 89

$225,919 21

$220,626 33

$251,320 63

STATE BANKS OF MICHIGAN.

£3

No. 304.
T H E CHEBOYGAN STATE BANK, CHEBOYGAN.
Organized F ebruary 11, 1905.
F r a n k S h e p h e r d , P r e s id e n t ; H e n r y A. B l a k e , M. E . R i g g s , V ic e P r e s id e n t s ; G e o . G. B r o w n , C a s h ie r ;
G e o . D . N im m o , 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 rank Shepherd, Miles E. Riggs, Guy A. Thompson, George G. Brown, B. A. Cueny,

H enry A. Blake, Geo. W. R ittenhouse, A. T. Slaght, Fred A. H out, Jam es F. Shepherd.
Resources.

Loans and discounts:
Commercial d e p a rtm e n t..............
Savings d e p a rtm e n t......................
Bonds, mortgages and securities:
Com m e r ci al d ep art, m e n t................
Savings d e p a rtm e n t......................
Prem ium a c c o u n t..............................
O v erd rafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
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 citie s...........................
Item s in tr a n s it..................................
U nited S tates bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
U. S. and National bank currency:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Gold coin:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Checks and other cash ite m s...........
T otals.. . : ....................................
Liabilities.
C apital stock paid i n .......................
Surplus fu n d s...................
Undivided profits, less losses, cur­
rent 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. .
Certified checks, r ..............................
Cashier’s checks outstanding...........
State monies on d ep o sit...................
Due to banks and b an k ers...............
Savings deposits.................................
Savings certificates of dep o sit.........
Reserved for t,axesr interest, e tc. . .
Notes and bills red iscounted...........
Bills p a y a b le ........................................
T o tals............................................


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

Report of
Report of
Report of
Report of
Report of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10, June 30, ’10. Sept. 1, '10.

$102,174 63
56,382 65

$94,408 68
59,966 89

$101,541 28
49,776 80

$97,670 00
49,747 14

$93,499 94
43,220 88

45,990 36

51,080 56

54,002 77

55,263 39

54,906 39

2,096 44

1,216 63

1,448 51

1,431 34

3,025 08

11,000 00
3,000 00

11,000 00
3,000 00

11,000 00
3,000 00

11,000 00
3,000 00

11,000 00
3,000 00

247 12

247 12

247 12

19 83
240 25

230 35

591 69

1,865 57

138 76

1,801 68
7,683 02

4,421 59
15,716 46

6,239 29
32,236 14

2,731 98
5,848 15

6,229 67
12,976 13

365 85

184 76

293 80

449 48
2 ¡196 00
5,800 00

3,853 00
4.200 00

3,465 00
3,200 00

3,188 00
3,200 00

7,631 00
3,200 00

545 00
2,200 00

1,070 00
1.200 00

467 50
2,000 00

920 00
2,100 00

1,487 50
2,500 00

447 25
2,000 00

1,444 80
530 00

812 00
750 00

1,270 75
650 00

1,046 40
300 00

47 19
142 84

74 24
70 00
321 04

91 68
50 00
944 30

58 24
50 00
210 31

651 24

$244,216 62

$253,804 24

$272,229 93

$240,636 75

$245,402 11

$50,000 00
3,500 00

$50,000 00
4,000 00

$50,000 00
4,000 00

$50,000 00
4.500 00

$50,000 00
4,500 00

3,133 11

1,529 77
78 00

1,810 56
15 00

1,379 70
1.500 00

2,001 74
105 00

46,894 02
2,244 26
83 78

69,769 04
5,738 16

83,299 93
5,011 68
21 66

54,071 13
4,934 42
25 00

48,264 08
9,726 97

97 39
39,721 14
81,487 92

1,803 74
39,646 76
78,738 77

5,000
3,104
44,115
75,851

2,500
2,932
43,868
70,599

2,500
4,659
45,179
74,139

17,055 00

2,500 00

$244,216 62

$253,804 24

00
66
38
06

$272,229 93

00
62
64
24

48 20

00
89
27
16

4,326 00

4,326 00

$240,636 75

$245,402 11

STA TE BAN KING D EPA R TM EN T.

84

No. 397.
FA R M ER S’ AND M ERCHANTS’ BANK OF CHELSEA, CHELSEA.
Organized April 22, 1908.
J n o . F. W a l t e o u s , P r e s id e n t ; P e t e r M e r k e l , C. H. G r a u , V ic e P r e s id e n t s ;
P a u l G. S c h a i b l e , C a s h ie r .
D ir e c t o r s .—John F. W altrous, P eter Merkel, C. H. Grau, Lewis Geyer, Jas. H. Guthrie, C. H. Kalm-

bach, John Kalm bach, O. C. B urkhart, John Farrell, H. L. Wood.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds, m ortgages and securities:
Commercial d e p a rtm e n t..............
Savings d e p a rtm e n t......................
Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
Banking h o u se....................................
F urniture and fix tu res.....................

R eport of
R eport of
R eport of
R eport of
Report of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, TO. Sept. 1, TO.

$45,413 71
14,400 00

$42,348 73
19,100 00

$44,510 64
13,500 00

$52,498 24
11,650 00

$55,331 31
22,300 00

82,450 78

86,040 78

85,615 78

111,490 78

110,495 78

203 92

175 55
479 51

175 55
338 06

175 55
130 03

150 00
256 48

2,800 00
1,003 67

2,800 Ò0
1,273 17

2,800 00
1,273 17

2,800 00
1,333 17

2,800 00
1,333 17

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 bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Exchanges for clearing house:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
U. S. and National bank currency:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t. . ...............
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Checks and other cash ite m s...........
T o tals............................................
Liabilities.
Capital stock paid i n .........................
Surplus fu n d s......................................
Undivided profits, less losses, cur­
rent 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..
Certified ch eck s......................*...........
Cashier’s checks o u tstan d in g ...........
State monies on deposit...................
Due to banks and b a n k e rs...............
Savings deposits.................................
Savings certificates of dep o sit........
Reserved for taxes, interest, etc. .
Notes and bills rediscounted...........
Bills p ay ab le........................................
T o tals............................................


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

80 61

369 10

3,742 00
10,114 43

6,334 11
12,931 04

29,915 11
34,431 04

7,454 95
18,255 59

4,814 52
16,255 59

54 41

328 11

328 36

592 03

1,244 80

3,449 00
4,000 00

2,220 00
4,900 00

2,633 00
4,000 00

2,256 00
5.500 00

1,936 00
5,900 00

275 00
2,500 00

622 50
2,000 00

490 00
2,500 00

425 00
2.500 00

280 00
2,600 00

' 1,098 00
200 00

459 00
800 00

614 00
400 00

983 90
500 00

896 80
700 00

333 15
75 83
155 76

322 88
141 26
5 75

267 98
186 93

436 89
29 82
118 81

394 76
70 93
333 99

$172,269 66

$183,363 00

$223,979 62

$219,499 86

$228,094 13

$25,000 00
500 00

$25,000 00
1,000 00

$25,000 00
1,000 00

$25,000 00
1,500 00

$25,000 00
1,500 00

1,886 22

1,494 92
18 00

2,251 02

2,278 36

3,046 17

30,542 40

29,519 65

54,910 13

40,795 31

40,291 59

600 00

241 80

9 17

85,849 05
27,891 99

94,282 83
31,805 80

105,526 67
35,282 63

114,858 09
35,068 10

121,857 26
36,399 11

$172,269 66

$183,363 00

$223,979 62

$219,499 86

$228,094 13

STATE BANKS OF M ICHIGAN.

85

No. 203.
T H E K EM PF COMMERCIAL AND SAVINGS BANK, CHELSEA.
Organized Jan u ary 14, 1898.
H . S. H o l m e s , P r e s id e n t ; C. H . K e m p f , V ic e P r e s id e n t ; G e o . A. B e G o l e , C a s h ie r ;
J o h n L. F l e t c h 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 .— Reuben Kempf, C. H. Kempf, H. S. Holmes, C. Klein, Otto D. Luiek, Ed. Vogel,

D. C. McLaren.

R eport of
R eport of
R eport of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, TO. Mar. 29, TO. June 30, TO. Sept. 1, TO.

Resources.

Loans and discounts:
Commercial d ep artm en t...............

$90,317 43

$76,142 87

$80,381 32

$66,292 33

$75,604 53

Bonds, mortgages and securities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................

48,500 00
342,613 37

59,000 00
336,296 77

49,000 00
340,777 99

59,300 00
331,101 88

57,800 00
329,742 99

1,710 66
5,077 51

1,476 17
3,477 57

1,768 84
3,648 91

1,999 31
4,230 40

1,607 48
4,450 36

15,000 00
5,050 00

15,000 00
5,000 00

15,000 00
5,000 00

15,000 00
5,000 00

15,000 00
5,000 00

400 00

400 00

400 00

400 00

400 00
1,648 71
94 50

S a v in g s d e p a r t m e n t ..........................

Prem ium acco u n t...............................
O v e rd ra fts ..........................................
Expenses, interest and taxes paid,
exceeding earnings.........................
Banking h o u se ....................................
F urniture and fix tu res.....................
Other real e s ta te ................................
Due from other banks and bankers,

45 00

347 11

469 34
693 00

2,500 00

2,500 00

2,500 00

2,500 00

2,500 00

6,624 87
39,233 92

13,941 20
38,901 07

18,756 98
42,033 98

19.394 64
49,569 75

13,713 65
46,849 32

11 00
86 59

21 86

25 00
22 50

60 00

34 24

4,720 00
5,457 00

5,629 00
5,919 00

3,044 00
5,993 00

2,229 00
5,830 00

5,276 00
7,628 00

2,705 00
14,010 00

3,165 00
13,925 00

2,732 50
14,015 00

3,687 50
13,762 50

3,095.00
14,090 00

1,188 80
148 75

1,215 15
92 20

1,928 95
23 45

2,211 25
44 85

3,059 60
85 50

74 76
15 33
168 66

148 54
15 53
366 56

256 57
16 40
41 85

145 85
25 47
245 78

$586,018 65

$582,678 49

$587,714 35

$584,202 85

$588,374 28

$40,000 00
20,000 00

$40,000 00
25,000 00

$40,000 00
25,000 00

$40,000 00
25,000 00

$40,000 00
25,000 00

14,474 21

6,688 01
220 00

10,084 71

7,568 81
2,000 00

10,883 45
125 00

26
82
54
00

78,971 38
33,736 37

72,527 38
33,934 54
750 00

69,182 13
36,112 64

70,917 20
38,517 57

138 25

21 50

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

345,343 17
59,210 65

338,535 92
59,526 81

346,863 91
58,553 81

354,153 23
50,047 79

350,255 20
52,654 36

T o tals............................................

$586,018 65

$582,678 49

$587,714'35

$584,202 85

$588,374 23

not, re s e rv e c i t i e s ................................

Item s in tr a n s it..................................
U nited S tates bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t.......................
Exchanges for clearing house:
C o m m e rc ia l d e p a r t m e n t ,.................

Savings d ep artm en t.......................
U. S. and N ational bank currency:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d e p artm en t...............
Savings d ep artm en t.......................
Nickels and cents:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Check's and other cash ite m s...........
T o tals............................................
Liabilities.
Capital stock paid i n .......................
Surplus fu n d ........................................
Undivided profits, less losses, current expenses, interest and taxes
p a id ...................................................
D iv id e n d s u n p a id

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

Commercial deposits subject to
check .................................................
Commercial certificates of deposit.


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

405 00

75,670
30,794
25
500

n

256 77
34 68
402 95

STA TE BAN KING D EPA R TM EN T.

86

No. 235.
T H E CHESANING STATE BANK, CHESANING.
Organized June 22, 1901.
O. D. C h a p m a n , P r e s id e n t ; M. L. P a r s h a l l , V ic e P r e s id e n t ; F . A. G r e e n f e l d e r , C a s h ie r ;
H a r r y N. S l a c k , F r a n k J. S t e v e n s , A s s i s t a n t C a s h ie r s .
D i r e c t o r s .— O. D. Chapman, F. A. Greenfelder, Ralph Agnew, G. M. Peet, M. L Parshall, O. C. Sperry.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d ep artm en t......................
Bonds, m ortgages and securities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Prem ium account,...............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceed ini? earnings.........................
Banking h o u se....................... T..........
F urniture and fix tu res......................
Due from other banks and bankers,
not reserve cities............................
Item s in tr a n s it..................................
U nited States bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d ep artm en t.......................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
U. S. and N ational bank currency:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
*Sa\ ings d e p a rtm e n t......................
Silver coin:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Nickels and cents:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Checks and other cash ite m s...........
T o tals............................................
Liabilities.
Capital stock paid i n .......................
Surplus fu n d ........................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................
Dividends u n p a id ...............................
Commercial deposits subject to
ch eck .................................................
Commercial certificates of deposit.
Certified ch eck s..................................
Cashier’s checks o u tstan d in g ...........
State monies on d ep o sit...................
Due to ha.nks n,nd h an k ers...............
Savings deposits.................................
Savings certificates of dep o sit........
Reserved for ta.xes, interest, e tc ..
Notes and hills rediscounted...........
Rills payable
............................
T o tals.................................... ..


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

R eport of
R eport of
R eport of
R eport of
Report of
Nov. 16, ’09. Jan. 31, TO. Mar. 29, TO. June 30, TO. Sept. 1, TO.

$149,951 89

$115,964 93
48,727 30

$87,818 61
82,244 86

$154,429 94
50,457 51

$133,649 99
49,168 73

111,421 00

123,606 00

128,263 00

137,010 00

140,535 00

558 29

258 08

285 62

327 11

106 81

8.500 00
1.500 00

8.500 00
1.500 00

8.500 00
1.500 00

8.500 00
1.500 00

7.500 00
1.500 00

1,250 50

1,269 10

1,476 25

3,143 75

1,588 75

1,085 00

2,274 62

13,713 85
28,000 00

3,891 07
29,622 49

24,933 53
45,000 00

25,087 99
15,000 00

10,470 34
33,000 00

1,346 00
11,550 00

7,793 00
2,000 00

7,241 00
10,000 00

6,560 00
10,000 00

9,163 00
10,000 00

6,770 00

65 00
5,500 00

730 00
5,000 00

5,070 00

1,395 00
3,000 00

181 00
1,680 00

1,212 35
500 00

1,034 70
86 00

674 90
1,100 00

475 15
727 00

171 10
4,287 21

177 34
15 45
354 00

118 31
06
33 36

155 79
3 98
113 68

41 17
44
300 60

$342,357 09

$354,099 86

$404,377 80

$417,075 90

$403,307 85

$25,000 00
3,000 00

$25,000 00
3,400 00

$25,000 00
3,400 00

$25,000 00
3,400 00

$25,000 00
4,000 00

2,625 07

225 98
14 00

2,657 39

3,427 29

1,483 70
> 1 00

67,075 71
85,308 85

60,014 17
55,474 47

74,247 13
28,479 36

73,519 06
93,088 06

52,637 52
83,734 46

76,163 78
83,183 68

85,684 68
124,286 56

84,053 22
186,540 70

97,357 31
121,284 18

96,645 17
139,786 00

$342,357 09

$354,099 86

$404,377 80

$417,075 90

$403,307 85

STATE BANKS OP MICHIGAN.

87

No. 424.
T H E C IT IZ EN S’ STATE BANK OF CLARE.
Organized December 22, 1908.
A. E. S l e e p e r ,

P r e s id e n t ; A l l e n

E. M u l d e r ,

V ic e P r e s id e n t ; G e o .

E. B e n n e r ,

C a s h ie r .

D i r e c t o r s .— A. E. Sleeper, Dougal McNair, Allen E. Mulder, W. H. B'cknell, Nelson A. Bloom,

Geo. E. Bennei, Anna E. Mussell.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings departm ent ....................
Bonds, mortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
"Ranking h o u se....................................
F urniture and fix tu res.....................

Report of
Report of
R eport of
R eport of ! Report of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, TO. June 30, TO. Sept. 1, TO.

$27,008 64
11,107 00

$31,318 61
10,914 00

$33,467 08
7,604 00

$40,044 71
7,203 50

10,441 69

9,141 69

10,112 94

10,212 94

134 84

1,277 71

640 97

330 29

2,114 69

5.000 00
2.000 00

5,500 00
2,000 00

5,500 00
2,000 00

5,500 00
2,000 00

5,500 00
2,000 00

710 19

756 52

49 67

4,593 66
3,000 00

20,124 05
3,500 00

9,479 34
3,500 00

7,268 41
4,500 00

202 76

344 75

109 04

1,566 00
1,000 00

4,040 00
1,785 00

1,535 00
500 00

3,324 00
1,000 00

3,520 00
700 00

1,607 50

1,217 50

1,392 50

1,087 50

1,550 00.

814 05
400 00

622 40

937 85
34 00

1,541 40
395 00

1,562 40'
37 OO

322 17

315 26;
99
155 50)

$24,733 91
13,654 00
10,605 39

Other real e s ta te ................................
Due from other banks and bankers,
not reserve cities...........................
Item s in tr a n s it..................................
United States bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Exchanges for clearing house:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
U. S. and National bank currency:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Gold coin:
Comhiercial d ep artm en t...............
Savings d e p a rtm e n t.................... .
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Checks and other cash ite m s...........
T o tals............................................
Liabilities.
Capital stock paid i n .........................
Surplus fu n d ......................................
Undivided profits, less losses, cur­
rent 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. .
Certified ch eck s..................................
Cashier’s checks o u tstan d in g ...........
State monies on d eposit...................
Due to banks and b an k ers...............
Savings deposits.................................
Savings certificates of deposit........
Reserved for taxes, interest, etc. .
Notes and bills rediscounted..........
Bills pay ab le........................................
T o tals..........................*................


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

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

7,786 21
3,000 00
151 92

137 20
76 56
418 21

428 90

386 49
31
1,062 75

363 71
57
1,525 17

$70,004 08

$90,430 32

$79,209 07

It

$20,000 00
80 00

$20,000 00
500 00

$20,000 00
500 00

$20,000 00
500 00

$20,000 00
500 00

1,086 77

340 35

519 08

1,122 28

1,175 04

18,433 86

37,823 91
3,714 55

24,623 87
8,088 62

23,765 29
9,877 16

27,945 89’
13,529 76

14,800 78
15,602 67

15,889 89
12,161 62

15,845 24
9,632 26

17,857 51
6,947 50

18,253 64
4,450 79

$70,004 08

$90,430 32

$79,209 07

$80,069 74

$85,855 12

88

STA TE BAN KING D EPA R TM EN T.
No. 118.
T H E CLARE COUNTY SAVINGS BANK, CLARE.
Organized June 23, 1891.
C. W . P e r r y , P r e s id e n t ; W m . W o l s e y , V ic e P r e s id e n t ; C. H. S u t h e r l a n d , C a s h ie r ;
J o s e p h H u d s o n , A s s i s t a n t C a s h ie r .

D i r e c t o r s .— C. W. Perry, Wm. Wolsey, Louis Wiesman, Joseph Hudson, C. H. Sutherland.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds, m ortgages and securities:
Commercial departm ent. . . .........
Savings d e p a rtm e n t......................
Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
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 c ities...........................
Item s in tr a n s it..................................
U nited S tates bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t......................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d ep artm en t......................
U. S. and National bank currency:
Commercial d e p a rtm e n t...............
Savings d ep artm en t......................
Gold coin:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................

R eport of
R eport of
Report of
R eport of
Report of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$66,724 50
35,198 01

$64,084 97
38,454 70

$65,921 58
43,715 85

$67,750 79
48,939 84

$70,908 38
50,229 87

94,346 97

93,346 97

95,351 97

95,279 97

94,454 00

666 01

909 37

2,916 06

420 17

3,737 49

5,500 00
1,200 00

5,500 00
1,200 00

5,500 Ó0
1,200 00

5,500 00
1,200 00

5,500 00
1,200 00

20,000 00
9 05

20,000 00
1,758 45

15,000 00
693 61

15,000 00
487 19

15,000 00
2,980 99

21,606 89
18,891 54

22,856 95
31,768 15

25,014 04
30,029 56

20,080 70
22,494 49

16,649 32
23,930 45

9,735 00
5,625 00

3,277 00
12,431 00

6,030 00
7,493^00

8,142 00
5,690 00

6,307 00
3,630 00

80 00
1,300 00

70 00
2,200 00

100 00
2,490 00

5 00
3,177 50

5 00
1,405 00

Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings departm ent
.................
Checks and other cash ite m s..........

1,168 30
139 90

1,901 05
133 15

1,836 30
131 40

1,718 95
110 10

1,242 35
100 00

179 25
4 90
3,115 91

125 42
09
3,131 36

107 97
7 94
1,075 49

79 73
24
4,767 22

79 46
19
1,720 24

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

$285,491 23

$303,148 63

$304,614 77

$300,843 89

$299,079 74

$20,000 00
8,000 00

$20,000 00
8,000 00

$20,000 00
8,000 00

$20,000 00
10,000 00

$20,000 00
10,000 00

3,650 35

1,912 91

4,257 06

1,310 00
2,000 00

3,059 60

39,452 17
58,882 39

43,357 01
50,984 65

40,718 43
47,419 56

51,320 07
38,021 68

46,613 76
42,838 11

5,000 00

2,500 00

2,500 00

105,145 38
50,360 94

107,685 94
71,208 12

106,332 76
72,886 96

112,204 88
63,487 26

113,594 31
60,473 96

$285,491 23

$303,148 63

$304,614 77

$300,843 89

$299,079 74

Liabilities.
Capital stock paid i n .......................
Surplus fu n d ......................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
paid ..............................................
DiVidends u n p a id ..............................
Commercial deposits subject to
check .................................................
Commercial certificates of d ep o sit. .
Certified checks..................................
Cashier’s checks outstanding..........
State monies on d ep o sit...................
Due to banks and b an k ers...............
Savings deposits.. . ............................
Savings certificates of d ep o sit........
Reserved for taxes, interest, etc. ..
Notes and bills rediscounted...........
Bills p a y ab le.......................................
T o tals............................................


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

STATE BANKS OF MICHIGAN.

89

No. 267.
E . JOSSMAN STATE BANK, CLARKSTON.
Organized November 25, 1902.
A. K. E d g a r , P r e s id e n t ; C. J . S u t h e r l a n d , V ic e P r e s id e n t ; R a l p h E . J o s s m a n , C a s h ie r .
D i r e c t o r s .— A. K. Edgar, E. Foster, George F. Gross, Ralph E. Jossm an, C. J, Sutherland,

Lant Sherwood, Sam W. Sherwood.

Resources.

Loans and discounts:
nnmmp.rrifll d ep artm en t...............
Savings d ep artm en t......................
Bonds, m ortgages and securities:
Com mere,ia.l d e p a rtm e n t...............
iSavings d ep artm en t.......................
Prem ium acco u n t...............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding: earnings.........................
B anking 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............................
Ttems in t,ran si t ..................................
U nited States bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings departm ent ...................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
U. S. and N ational bank currency:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d e p a rtm e n t...............
Sa.vings d ep artm en t.......................
Nickels and cents:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Checks and other cash ite m s...........
T o tals............................................
Liabilities.
Capital stock paid i n .................
Surplus fu n d ........................................
U ndivided profits, less losses, cur­
rent expenses, interest and taxes
paid ...............................................
Dividends u n p a id ..............................
Commercial deposits subject to
ch eck .................................................
Commercial certificates of dep o sit.
Certified ch eck s................... ..............
Cashier’s checks o u tstan d in g ...........
S tate monies on d ep o sit................. .
Due to banks and b a n k e rs...............
Sa.vings deposits.................................
Savings certificates of deposit. . . . .
Reserved for taxes, interest, e tc ..
Notes a.nd hills rediscounted...........
Bills payable .....................................
T o tals............................................
12


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

Report of
R eport of
R eport of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$36,224 10
39,357 00

$43,290 46
35,707 50

$39,600 01
35,833 60

$41,529 47
38,130 13

$48,272 29
32,571 62

42,926 41

42,184 70

41,192 39

42,746 29

45,524 29

775 00

605 00

690 00

636 44

636 44

34 26
1,854 66

139 11

333 86
1,133 82

52 00
481 62

52 12

1,063 93
2,525 00

3,537 75
6,000 00

6,411 46
6,000 00

1,235 94
2,500 00

2,629 36
1,000 00

164 00
2,400 00

1,180 00
5,000 00

784 00
3,600 00

501 00
8,520 00

1,158 00
6,600 00

20 00
1,600 00

57 50
1,600 00

1,600 00

1,675 00

30 00
1,800 00

14 30
150 00

118 10
220 00

32 70
550 00

72 80
300 00

109 40
300 00

12 70
52 28
17 50

18 75
4 21
37 23

21 $1
29 58

33 33
3 97

8 72
6 82

$129,433 81

$139,760 31

$137,813 33

$138,417 99

$140,699 06

$20,000 00
10,000 00

$20,000 00
10,500 00

$20,000 00
10,500 00

$20,000 00
11,000 00

$20,000 00
11,000 00

432 68

60 44
48 00

555 50

1,000 00

219 55

9,990 44

17,935 46

17,952 26

12,542 60

17,778 15

242 67

500 00

31,824 63
57,186 06

$129,433 81

32,212 90
58,503 51

..............
$139,760 31

98 63

32,359 00
56,446 57

30,144 60
63,730 79

27,315 20
60,487 53
• 3,800 00

$137,813 33

$138,417 99

$140,699 06

STA TE BAN KING D EPA R TM EN T.

90

No. 376.
T H E CLIMAX STATE BANK, CLIMAX.
Organized A ugust 25, 1907.
A. A. A l d r ic h ,

P r e s id e n t ;

M. S c r a m l in ,

V ic e P r e s id e n t ;

T. E. S i n c l a i r ,

C a s h ie r .

D i r e c t o r s .— A. A. Aldrich, A. T. Slaght, M. Scramlin, L. T. Becker, T. T. Hallock, J. W. Pierce.

A.

Resources.

Loans and discounts:
Commercial departm ent,...............
Savings d ep artm en t.......................
Bonds, m ortgages and securities:
Commercial d ep artm en t...............
Sa.vings d ep artm en t.......................
Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
Banking h o u se.............................. . . .
F urniture and fixtures......................
Other real est,a,te................................
Due from other banks and bankers,
not, reserve cities............................
Tterns in tr a n s it..................................
United States bonds:
Sa.vings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial depa.rtm ent...............
Sa.vings d epa.rtm ent......................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Sa.vings d ep artm en t.......................
U. S. and National Bank currency:
Commercial d e p a rtm e n t...............
Sa.vings d ep artm en t.......................
Gold coin:
Corncnercia.l d e p a rtm e n t...............
Sa.vings d ep artm en t.......................

D. Leiter.

R eport of
Report of
R eport of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, TO. Mar. 29, TO. June 30, TO. Sept. 1, TO.

$19,500 00
17,788 11

$19,500 00
20,682 22

$14,500 00
32,443 09

$28,645 00
24,7Ì2 98

$30,083 00
21,809 23

31,749 43

32,919 43

34,969 43

36,319 43

39,444 43

111 23

116 29

46 70

24 54

50 40

1,250 00

1,250 00

1,250 00

1,250 00

1,250 00

4,991 67
11,264 28

6,306 61
15,714 31

1,424 42
7,223 53

6,484 99
6,819 36

8,674 44
8,634 73

1,258 00

1,000 00
2,277 00

200 00
1,654 00

1,000 00
2,864 00

1,000 00
2,400 00

1,000 00
280 00

500 00
1,060 00

1,000 00
745 00

400 00
840 00

400 00
1,050 00

340 00

Silver coin:
Commercial depa,rtm ent...............
Sa.vings d ep artm en t.......................
Nickels and cents:
Commercial d e p a rtm e n t. .#. ........
Savings depa.rtm ent.......................
Checks and other cash ite m s...........

194 60

169 60

80 85

189 80

145 25

37 52
338 85

35 65
137 00

34 58'
420 33

37 86
216 22

35 34
317 50

T o tals............................................

$90,103 69

$101,668 11

$95,991 93

$109,804 18

$115,294 32

$20,000 00
200 00

$20,000 00
600 00

$20,000 00
600 00

$20,000 00
600 00

$20,000 00
600 00

1,005 50

301 36

908 00

964 45

1,356 17

12,644 29

20,526 76

12,488 19

14,561 96

16,690 10

49,295 50
6,958 40

. 53,260 93
6,979 06

56,650 31
5,345 43

64,323 60
9,354 17

67,982 75
8,665 30

$90,103 69

$101,668 11

$95,991 93

$109,804 18

$115,294 32

Liabilities.
Capital stock pa,id in .........................
Surplus fu n d ........................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
paid .................................................
Dividends u n p a id ..............................
Commercial deposits subject to
check ...............................................
Commercial certificates of deposit.
Certified checks ................................
Cashier’s checks outstanding:..........
State monies on d ep o sit...................
Due to ha.nks a.nd b a n k e rs...............
Sa.vjngs deposits.................................
Savings certificates of d ep o sit........
Reserved for taxes, interest, etc. . .
Notes and bills rediscounted...........
Bills p ay ab le........................................
T o tals............................................


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

91

STATE BANKS OF MICHIGAN.
No. 104.
T H E BRANCH COUNTY SAVINGS BANKj COLDW ATER.
Organized October 14, 1890.
B.

S. S p o f f o r d ,

P r e s id e n t ;

F. L. B u r d i c k ,

V ic e P r e s id e n t ;

M. W. W i m e r ,

C a s h ie r .

D i r e c t o r s .— B. S. Spofford, Geo. W. Van Aken, N. A. Reynolds, F. L.«Burdick, A. Millies, N. Baldwin,

H. P. Woodward.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds, m ortgages and securities:
rYimmereial d e p a rtm e n t...............
Sa.vings d ep artm en t.......................
Prem ium a.ccount..............................
Overdrafts ........................................
Expenses, interest and taxes paid,
exceeding earnings.........................
Pan king house ..................................
F urniture and fix tu res......................

Report of
Report of
Report of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$184,379 43

$225,391 18
15,000 00

$216,617 19
35,000 00

$232,189 18
42,500 00

$201,925 80
32,500 00

216,127 54

214,038 04

212,614 25

205,303 75

211,282 75

2,417 95

451 09

883 59

269 16

1,047 40

85,884 25
25,000 00

49,335 14
25,000 00

76,606 06
25,000 00

68,885 12
25,000 00

101,936 60
25,000 00

826 62

824 19

1,824 73

933 83

29,046 00
5,000 00

29,689 00
8,850 00

20,830 00
10,820 00

24,329 00
8,000 00

11,251 00
21,000 00

5,100 00
10,000 00

2,847 50
11,000 00

1,945 00
11,000 00

577 50
16,000 00

5,575 00
12,200 00

4,910 55

3,728 15
9 80

1,930 00
7 00

4,454 25
100 00

203 27

213 40
06

185 69
98

157 10
36

3,601 80
98 00
iH
158 68
94

$568,895 61

$586,377 55

$613,439 76

$629,590 15

$628,511 80

$50,000 00
28,000 00

$50,000 00
30,000 00

$50,000 00
30,000 00

$50,000 00
31,000 00

6,313 06

2,511 94

6,472 90

1,237 77
3,000 00

$50,000 00
31,000 00
I1pST,•
3,870 64

104,074 15
115,295 46

112,228 21
117,739 50

106,142 77
137,381 86

113,118 04
134,330 23

104,447 95
137,111 52

205,212 94

273,897 90

283,442 23

296,904 11

302,081 69

$568,895 61

$586,377 55

$613,439 76

$629,590 15

$628,511 80

Other real e s ta te ................................
Due from other banks and bankers,
not, re serve cities............................
Item s in tran sit ................................
United States bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Oommercia.l d e p a rtm e n t...............
Savings d ep artm en t.......................
Exchanges for clearing house:
Oommercia.l d e p a rtm e n t...............
Sa.vings d ep artm en t.......................
U. S. and N ational bank currency:
Oommercia.l d e p artm en t...............
Savings d ep artm en t.......................
Gold coin:
Commercial d ep artm en t...............
Ravine's d ep artm en t.......................
Silver coin:
Commercial d e p a rtm e n t...............
Savings d e p a r tm e n t.....................
Nickels and cents:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Ohecks a,nd other cash ite m s..........
T o tals............................................
Liabilities.
Capital stock paid i n .......................
Surplus fu n d ........................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
paid
...............................................
Dividends unpaid
...................
Commercial deposits subject to
check .................................................
Commercial certificates of dep o sit.
Certified checks ..............................
Cashier’s checks o u tstan d in g ...........
State monies on d ep o sit...................
Due to hanks and h a n k e rs...............
Sa.vings deposits.................................
Sa.vings certificates of d ep o sit........
Reserved for taxes, interest, etc.
Notes and hills rediscounted..........
Pills payable ....................................
T o tals............................................


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

92

STA TE B AN KING D EPA R TM EN T.
No. 292.
T H E STATE BANK OF COLEMAN, COLEMAN.
Organized June 1, 1904.

C u r t is W. M c P h a i l , P r e s id e n t ; C h a s . H . N ig g e m a n , V ic e P r e s id e n t ; C l a r e n c e H . M a c o m b e r , C a s h ie r ;
P a u l T . H e r w i g , A s s i s t a n t C a s h ie r .
D i r e c t o r s .— C. W . McPhail, J. E. Curtice, C. H . Macomber, E. B . K napp, C. D . Williams,

C.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds, m ortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
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..................................
United S tates bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d ep artm en t.......................
Exchanges for clearing house:
Commercial d ep artm en t...............
Savings d ep artm en t.......................
U. S. and N ational bank currency:
Commercial d ep artm en t...............
Savings d ep artm en t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Checks and other cash ite m s...........
T o tals............................................
Liabilities.
Capital stock paid i n .......................
Surplus f u n d ......................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................
DiVidends u n p a id ..............................
Commercial deposits subject to
check .................................................
Commercial certificates of dep o sit. .
Certified ch eck s...................................
Cashier’s checks outstanding..........
State monies on d ep o sit...................
Due to banks and b an k ers...............
Savings deposits.................................
Savings certificates of d eposit.........
Reserved for taxes, interest, etc. ..
Notes and bills rediscounted...........
Bills p a y a b le .......................................
T o tals............................................


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

H. Niggeman, J. M. Allen.

R eport of
R eport of
R eport of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$59,832 89

$55,329 70

$59,609 75

$73,601 82

$71,126 14
16.719 55

6,785 33

7,260 33

7,270 08

12,120 08
3,795 00

1,770 00
20.720 08

395 65

411 45

1,009 85

491 77

117 17

8,599 25
2,214 96

8,599 25
2,214 96

8,599 25
2,214 96

8,599 25
2,214 96

8,599 25
2,214 96

600 63

700 00

1,537 50
180 00

1,893 95
653 07

31,214 60

48,247 90

44,111 92

34,375 37

11,634 92
4,258 20

4,726 00

7,328 00

4,050 00

6,132 00
1,000 00

4,551 00
1,500 00

1,650 00

1,460 00

1,410 00

1,425 00

150 00
1,600 00

159 45

743 45

498 65

758 25
24 00

201 30
131 00

66 52

68 48

41 62

385 38

605 15

77 52
35
186 51

38 72
09
171 61

$118,191 67

$132,048 90

$130,021 86

$145,501 88

$147,221 49

$20,000 00
2,000 00

$20,000 00
2,100 00

$20,000 00
2,100 00

$20,000 00
2,100 00

$20,000 00
3,000 00

1,123 36
80 00

1,953 95
80 00

3,052 32

1,304 57

39,107 44
50,078 97

41,830 67
64,414 87

41,228 28
62,159 63

54,994 15
58,036 06

32,614 74
42,882 90

2,500 00
112 16

2,500 00

2,500 00

2,500 00

2,500 00

4,819 35

21,404 11
23,515 17

$145,501 88

$147,221 49

4,393 10^

$118,191 67

$132,048 90

$130,021 86

STATE BANKS OF MICHIGAN.

93

No. 442.
T H E STATE BANK OF COLOMA.
Organized November 28, 1909.
W il l ia m H. B a l l , P r e s id e n t ; L e w i s U m p h r e y , V ic e P r e s id e n t ; C h a r l e s O. B a l l , C a s h ie r ;
C. M. B a l l , A s s i s t a n t C a s h ie r .
D i r e c t o r s .— William H. Ball, Chas. O. Ball, Arvine S. Miller, Lym an Ingraham , Lewis Um phrey.

Resources.

Loans and discounts:
Commercial d e p artm en t...............
Savings d ep artm en t............ . . . . .
Bonds, mortgages and securities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid,
ex eeding earnings.........................
Banking h o u se....................................
F urniture and fix tu res.....................

R eport of
R eport of
R eport of
Report of
Report of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$51,771 64

$48,119 81
3,950 00

$45,336 89
1,150 00

$69,298 30
800 00

46,160 00

5,000 00
41,160 00

7,000 00
46,110 00

7,000 00
54,635 00

125 50
51

125 50
19 64

125 50
29 43

316 30
23 95

2,200 00
1,305 49

2,200 00
1,305 49

2,200 00
1,317 99

2,200 00
1,340 00

7,307 70
6,363 54

8,485 57
5,130 06

10,841 87
5,650 33

16,247 85
8,251 57

2,985 00
1.500 00

3,100 00
777 00

4,389 00
1,500 00

4,429 00
1,000 00

282 50
1.500 00

2,257 50

2,927 50

2,327 50

832 00

480 25
12 50

353 70
200 00

505 70
249
32
156
95

Other real e s ta te ................................
Due from other banks and bankers,
not reserve cities...........................
Item s in tr a n s it..................................
United States bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d ep artm en t......................
Exchanges for clearing house:
Commercial d e p artm en t...............
Savings d ep artm ent.......................
U. S. and N ational bank currency:
Commercial d ep artm en t...............
Savings d ep artm en t.......................
Gold coin:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Silver coin:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Nickels an<Lcents:
Commercial d e p artm en t...............
Savings d ep artm en t.......................
Acer ed interest p a id .......................
Checks and other cash ite m s...........
T o tals............................................
Liabilities.
Capital stock paid i n .......................
Surplus fu n d ........................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
paid ...............................................
Dividends u n p a id ..............................
Commercial deposits subject to
ch eck .................................................
Commercial certificates of dep o sit.
Certified ch eck s..................................
Cashier’s checks outstanding:...........
State monies on d ep o sit...................
Due to ha.nks a,nd h a n k e rs...............
Savings d ep o sits.................................
Savings certificates of d ep o sit........
"Reserved for taxes, interest, etc. . .
Notes a.nd hills rediscounted..........
Bills p ay ab le........................................
T o tals............................................


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

280 44

246 64

556 00
164 99

556 00
106 91

200 96
6 07
356 00
59 53

$123,335 31

$123,033 09

$129,754 77

$168,908 65

$25,000 00

$25,000 00

$25,000 00

$25,000 00

918 97

943 90

1,378 74

2,103 78

42,514 00
4,349 78

39,584 98
4,146 97

42,673 18
3,099 65

69,040 33
5,240 65

277 39
8,536 33
41,738 84

69 96
13,263 59
40,023 69

59 30
16,755 50
40,788 40

477 27
22,800 43
44,246 19

$123,033 09

$129,754 77

$168,908 65

48
55
00
45

»
$123,335 31

STA TE BAN KING D EPA R TM EN T.

94

No. 427.
E. H IL L AND SONS’ STATE BANK, COLON.
Organized March 11, 1909.
T h o m a s ^ J . ' l l n . L . f P r e s i d e n t ; ~ G r a n t E. F a e b a n d , V ic e P r e s id e n t ; F r a n k E. H i l l , C a s h ie r ;
J o h n A. K a r c h n e r , A s s i s t a n t C a s h ie r . ■
D i r e c t o r s .—T hosJ J/B ill,£G rant E. F arrand, F rank E. Hill, Susan V. Hill, Joseph Farrand.

Resources.

Loans and discounts:
Commercia.l d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds, mortgages and securities:
k Commercial d ep artm en t...............
ji. Savings d e p a rtm e n t......................
Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
Pa,nking h o u se....................................
F urniture and fix tu res.....................

R eport of
R eport of
Report of
Report of
Report of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$42,103 88
34,977 91

$47,279 54
22,224 02

$63,264 13
21,966 52

$70,423 49
30,641 52

$75,810 79
29,491 52

15,350 00
33,455 87

11,350 00
47,867 26

70,848 76

65,161 76

64,086 76

111 38

140 50

111 89

202 76

10,000 00

10,000 00

10,000 00

10,000 00

10,000 00

22,051 36
12,202 18

27,048 09
18,213 69

22,091 96
12,368 53

15,091 06
20,174 23

10,728 83
24,660 54

2,320 00
2,349 00

3.000 00
2,771 00

2,850 00
■ 3,998 00

4,319 00
4,000 00

3,300 00
4,090 00

690 00
2,055 00

1.000 00
1,430 00

1,050 00
1,355 00

2,400 00

1,100 00
1,310 00

540 30
288 20

940 00
305 00

400 00
186 10

689 20
600 00

50 17
55 91
229 16

83 85
69 60
494 19

65 14
102 54
227 06

189 06
32 93

46 05
69 17
104 00

$178,718 94

$194,187 62

$210 914 24

$223,834 14

$226,050 17

$40,000 00

$40,000 00

$40,000 00

$40,000 00
1,000 00

$40,000 00
1,000 00

1,735 65

2,443 86

3,292 11

1,170 01

1,839 90

51,599 22

58,863 19

56,769 62

58,653 69

59,098 53

85,384 07

92,880 57

110,852 51

123,010 44

124,111 74

$178,718 94

8194,187 62

$210,914 24

$223,834 14

$226,050 17

Other real e s ta te ................................
Due from other banks and bankers,
not reserve cities............................
Tterns in tr a n s it..................................
U nited S tates bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t......................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d ep artm en t......................
U. S. and National bank currency:
Commercial d e p artm en t...............
Savings d ep artm en t......................
Gold coin:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Checks and other cash ite m s...........
T o tals............................................
Liabilities.
Capital stock paid i n .......................
Surplus f u n d ......................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
paid
...............................................
Dividends u n p a id ..............................
Commercial deposits subject to
check .................................................
Commercial certificates of dep o sit. .
Certified checks ..............................
Cashier’s checks o u tstanding...........
S tate monies on d ep o sit...................
Due to banks and b an k ers...............
Savings deposits.................................
Savings certificates of dep o sit........
Reserved for taxes, interest, e tc . . .
Notes a,nd bills rediscounted...........
Bills payable
............................
T o tals............................................


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

n

750 00
299 75

STATE BANKS OF MICHIGAN.

95

No. 433.
T H E COLUMBIAVILLE STATE BANK, COLUMBIAVILLE.
Organized May 29, 1909.
C h a r l e s P a t t e n , P r e s id e n t ; G e o r g e D. C l a r k e , V ic e P r e s id e n t ; R

C. W i x s o n ,

C a s h ie r .

D i r e c t o r s .— Charles P atten , S. C. Hallenbeck, S. P. Selden, C. D. Chapin, W. J. Hoxsie, Wm. Thom,

Wm. Wilson, Geo. D. Clarke, R. C. Wixson.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d ep artm en t......................
Bonds, m ortgages and securities:
Commercial d ep artm en t...............
Savings d ep artm en t.......................
Prem ium acco u n t...............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding e a rn in g s........................
Banking ho 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 bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d e p artm en t.......................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
U. S. and N ational bank currency:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
C om m ercial-departm ent...............
Savings d ep artm en t.......................
Nickels and cents:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Checks and other cash ite m s...........
T o tals............................................
Liabilities.
Capital stock paid i n .......................
Surplus fu n d ........................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................
Dividends u n p a id ..............................
Commercial deposits subject to
check .................................................
Commercial certificates of deposit.
Certified ch eck s..................................
Cashier’s checks o u tstan d in g ...........
State monies on d ep o sit...................
Due to banks and b an k ers...............
Savings deposits.................................
Savings certificates of deposit........
Reserved for taxes, interest, e t c . .
Notes and bills rediscounted...........
Bills p a y a b le ......... .............................
T o tals............................................


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

Report of
Report of
R eport of
Report of
R eport of
Nov. 16, ’09. Jan. 31, TO. Mar. 29, TO. June 30, TO. Sept. 1, TO.

$10,351 54

$14,630 61

$20,984 52

$28,035 55

$27,887 86

3,000 00
2,140 00

3,000 00
3,996 50

12,990 00
6,943 70

9,890 00
11,648 70

9,890 00
10,080 70

337 28

104 57

283 18

29 73

717 73

1,510 00

1,510 00

1,510 00

1,510 00

1,510 00

289 07

2,000 00
273 00

9,915 01
633 00

11,220 99
1,000 00

551 65
838 00

2,270 16
1,209 80

3,542 16
1,422 18

2,498 00

1,020 00

1,693 00

1,368 00

1,712 00

30 00
250 00

5 00
450 00

10 00
500 00

332 20

330 40

265 40

10 00
600 00
213 30

470 20
25 70

31 04

39 85

40 10

52 03

334 67

660 04

23 34

1,014 00

$31,651 81

$40,240 96

$46,632 89

$57,816 27

$57,868 53

$19,530 00

$20,000 00

$20,000 00

$20,000 00

$20,000 00

123 38

176 41

545 13

617 67

474 08

3,425 43
5,543 00

5,509 05
9,350 00

4,761 67
12,656 88

6,892 95
15,163 20

4,750 87
18,772 23
4 51

712 00
2,31.8 00

737 50
4,468 00

703 09
7,966 12

2,500 00
1,073 83
11,568 62

1,381 22
11,485 62

$31,651 81

$40,240 96

$46,632 89

$57,816 27

$57,868 53

1,000 00

STATE BANKING DEPARTMENT.

96

No. 32.
T H E FA RM ER S’ STATE BAN K OF CONCORD.
Organized N ovember 20, 1886.
P e r c y E . C h a p p l e , P r e s id e n t ; J . H e n r y D a r t , V ic e P r e s id e n t ; C. Y . C u t t i n g , C a s h ie r ;
V io l a K e e l 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 .— Percy E . Chappie, H. E . Dewey, F . P. Dann, A. S. W olcott, W. H. Magel, J . Henry D art,

C. Y. Cutting.

Resources.

Loans and discounts:
Commercial d e p artm en t...............
Savings d ep artm en t.......................
Bonds, m ortgages and securities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Premium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
Pan king h o u se....................................
F nrnitnre and fixtures .................
Other real estate ..............................
Due from other banks and bankers,
not, reserve cities...........................
Tt.ems in tr a n s it....................... ..........
U nited States bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial departm ent,...............
Savings d e p a rtm e n t......................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
U. S. and N ational bank currency:
Commercial d e p artm en t...............
Savings d ep artm en t.......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Savings departm ent ....................
Nickels and cents:
Commercial d e p a rtm e n t...............
Savings departm ent ...................
Checks and other cash ite m s...........
T o tals............................................
Liabilities.
Capital stock paid i n ..................... .*
Surplus fu n d ........................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
paid
...............................................
Dividends u n p a id ..............................
Commercial deposits subject to
check ...............................................
Commercial certificates of dep o sit.
Certified checks ..............................
Cashier's checks o u tstan d in g ..........
State monies on d ep o sit...................
Dije to hanks and h a n k e rs...............
Savings d ep o sits.................................
Savings certificates of d ep o sit........
Deserved for taxes, interest, etc. .
Nofes and hills rediscounted...........
Pills pa,ya,hie........................................
Totals. ..................... ...................


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

R eport of
Report of
R eport of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$51,122 77
63,170 73

$63,002 79
58,083 27

$60,636 10
59,124 60

$66,743 86
4«,171 75

$747999 26
45,073 24

128,922 60

129,682 60

139,557 60

147,132 60

149,732 00

65 44

631 42

527 29

89 54

292 23

7,200 00

7,200 00

7,200 00

7,200 00

7,200 00

800 00

800 00

800 00

800 00

800 00

25,647 62
30,624 76

28,813 26
33,957 89

20,198 13
39,290 64

27,889 60
38,986 83

22,148 71
33,437 12

3,400 00
5,829 00

4,770 00
4,200 00

4,500 00
6,021 00

3,200 00
5,140 00

5,000 00
3,290 00

3,000 00
4,705 00

15 00
7,700 00

2,000 00
5,980 00

2,000 00
6,975 00

82 50
8,500 00

668 00

200 00
175 00

565 00
190 00

250 00
200 00

4 74
21 98
74 27

70 14
15 80
303 37

12 14
9 59

23 57
5 68

18 39
99 59

$325,268 91

$339,913 54

$346,232 09

$355,113 43

$351,123 64

$25,000 00
7,500 00

$25,000 00
12,500 00

$25,000 00
12,500 00

$25,000 00
12,500 00

$25,000 00
12,500 00

7,493 93
52 50

2,767 70
144 00

3,190 53
56 00

4,292 35
920 00

4,688 76
60 00

51,194 14

61,185 72

61,773 75

66,187 32

67,083 00

89,135 69
144,892 65

93,531 40
144,784 72

88,141 81
155,570 00

96,496 27
149,717 49

93,753 32
148,038 56

$325,268 91

$339,913 54

$346,232 09

$355,113 43

$351,123 64

'

680 00

STATE BANKS OF MICHIGAN.

97

No. 174.
COMMERCIAL STATE BANK OF CONSTANTINE, CONSTANTINE.
Organized A ugust 1, 1894.
S a m u e l G i b s o n , P r e s id e n t ; J o h n B . G e o r g e , V ic e P r e s id e n t ; J a m e s A. M a r s h , C a s h ie r .
D i r e c t o r s .— Samuel Gibson, John B. George, W. H. Burger, C. M. Burger, John Blue, C. E. Hagenbuch,

Jam es A. Marsh, R obert T. Weir, K. W. H artm en.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d ep artm en t......................
Bonds, m ortgages and securities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Prem ium acco u n t...............................
O verdrafts............................................
E xpenses, in terest and taxes paid
exceeding earnings.........................
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...........................
Tterns in tr a n s it..................................
U nited S tates bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings departm ent ...................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
U. S. and National bank currency:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d e p artm en t...............
Savings d e p a r tm e n t.....................
Nickels and cents:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Checks and other cash ite m s...........
T o tals............................................
Liabilities.
Capital stock paid i n .......................
Surplus fu n d ......................... ..............
U ndivided profits, less losses, cur­
rent expenses, interest and taxes
paid
...............................................
Dividends unpaid
..........................
Commercial deposits subject to
check ...............................................
Commercial certificates of dep o sit.
Certified ch eck s..................................
Cashier’s checks o u tstan d in g ...........
State monies on d ep o sit...................
Due to hanks and b a n k e rs...............
Savings deposits.................................
Savings certificates of d ep o sit........
y^psprved for taxes interest, etc. .
Nof.es and hills rediscounted...........
Dills payable
..............................
Totals

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

13


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

Report of
R eport of
Report of
R eport of
Report of
Nov. 16, ’09. Jan. .31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’1,0.

$63,880 75
58,227 86

'$80,999 95
56,264 37

$73,320 26
57,333 40

$67,141 16
63,622 73

$66,082 15
64,058 90

76,911 03

76,223 25

77,333 77

83,373 77

82,933 77

2,079 87

1,244 74

2,295 19

2,969 16

1,191 09

7,839 00
2,270 00

8,000 00
2,270 00

8,000 00
2,270 00

8,000 00
2,270 00

8,000 00
2,270 00

2,774 57

869 94

2,331 37

3,843 20

1,809 19

13,632 06
16,641 63

10,547 47
15,595 22

12,313 44
22,392 42

11,759 08
26,891 55

10,904 08
28,989 76

■v
2,201 00
2,935 00

4,694 00
3,140 00

2,962 00
3,805 00

4,735 00
3,075 00

7,469 00
1,284 00

55 00
7,065 00

25 00
7,065 00

775 00
7,065 00

7,350 00

222 00
7,065 00

418 15

816 25
80

990 55
50

1,083 05
20

735 45
30

95 84
742 35

149 33
04
648 21

141 46
03
104 95

42 41
06
31 20

873 29

$257,775 11

$268,553 57

$273,434 34

$286,187 57

$284,007 78

$25,000 00
25,000 00

$25,000 00
25,000 00

$25,000 00
25,000 00

$25,000 00
25,000 00

$25,000 00
25,000 00

6,629 10

5,062 31

6,267 19

6,255 13

5,196 93

39,365 49

55,202 58

49,247 03

45,619 13

44,499 12

91,322 00
70,458 52

89,291 89
68,996 79

94,366 67
73,553 45

103,056 90
81,256 41

103,701 21
80,610 52

$286,187 57

$284,007 78

119 80

* *
$257,775 11,

$268,553 57

$273,434 34

STATE BANKING DEPARTMENT.

9S

No. 173.
T H E FIR ST STATE BANK OF CONSTANTINE, CONSTANTINE.
Organized June 28, 1894.
S. B. H a g e n b u c h ,

P r e s id e n t ; E. W. K e i g h t l e y , V ic e P r e s id e n t ;
G e o r g e Cr o s s e t t H a r v e y , C a s h ie r .

D ir e c t o r s .— S. B. Hagenbuch, J. Mark H arvey, D. S. Crossett, E. W. Keightley,

George Crossett H arvey, L. A. Strohm, L. A. Harvey.

Resources.

Loans and discounts:
Commercial d e p a rtm e n t...............
Savings d ep artm en t......................
Bonds, mortgages and securities:
Commercial d e p a rtm e n t..............
Savings d ep artm en t.......................
Prem ium a c c o u n t..............................
O v erd rafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
Banking h o u se ....................................
F urniture and fix tu res.....................

R eport of
Report of
R eport of . Report of
Report of
Nov. 16, ’09. Jan. 31, TO. Mar. 29, TO. June 30, TO. Sept. 1, TO.

$128,666 76
55,622 55

$159,427 64
28,307 41

$178,377 29
24,110 88

$168,322 46
22,088 85

$181,543 40
22,126 35

9,281 81
81,755 55

3,000 00
77,374 05

14,000 00
78,950 93

13,000 00
78,699 01

5,000 00
83,133 36

122 61
367 39

84 65
636 58

154 65
367 05

154 65
1,054 12

154 65
1,361 55

8,358 95
1,201 00

8,000 00
1,200 00

8,000 00
1,200 00

8,000 00
1,350 00

8,000 00
1,350 00

100 00

100 00

100 00

3,716 02

5,167 19

O ther real e s ta te ................................
Due from other banks and bankers,
not reserve cities............................
Item s in t r a n s it..................................
United States bonds:
Savings d ep artm en t.......................
Due from banks in reserve cities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
U. S. and National bank currency:
Commercial d e p artm en t...............
Savings d ep artm en t.......................
Gold coin:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................

6,919 64

3,540 85

19,484 03
18,665 31

21,487 52
10,354 39

17,540 53
12,985 28

48,262 48
15,208 11

57,540 62
14,948 39

9,650 00

10,084 00

8,735 00

10,136 00

6,321 00

2,000 00
8,000 00

3.000 00
7.000 00

4.000 00
6.000 00

5.000 00
6.000 00

5.500 00
6.500 00

1,101 50

832 50

909 00

1,419 00

952 25

/

Silver coin:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Nickels and cents:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Checks and other cash ite m s...........

162 72

178 92

142 60

156 95

171 08

1,000 37

1,454 44

1,298 33

2,429 55

1,051 81

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

$345,440 55

$339,341 74

$360,412 39

$385,097 20

$400,921 65

$30,000 00
10,000 00

$30,000 00
10,000 00

$30,000 00
10,000 00

$30,000 00
10,000 00

$30,000 00
15,000 00

1,934 44

2,387 28

3,100 54

6,047 32

1,608 13

41
37
00
80

75,406 75
122,277 97

76,353 24
138,448 93

82,405 79
144,274 89

156 55

206 80

489 84

15,047 73
149,301 40

19,755 31
103,039 57

20,652 20
98,818 38

21,302 83
102,738 08

24,596 59
102,546 41

$345,440 55

$339,341 74

$360,412 39

$385,097 20

$400,921 65

Liabilities.
Capital stock paid i n .......................
Surplus fu n d ........................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................
Dividends u n p aid ...............................
Commercial deposits subject to
ch eck .................................................
Commercial certificates of deposit.
Certified ch eck s............................ ..
Cashier’s checks o u tstan d in g ........
State monies on d ep o sit...................
Due to banks and b an k ers...............
Savings deposits..................................
Savings certificates of d e p o sit........
Reserved for taxes, interest, e t c . ..
Notes and bills rediscounted...........
Bills p ay ab le......................................
T o tals............................................


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

68,724 78
70,289 00
143 20

66,123
107,428
10
597

99

STATE BANKS OF MICHIGAN.

No. 281.
COOPERSVILLE STATE BANK, COOPERSVILLE.
Organized October 27, 1903.
C o l o n C. L i l l i e , P r e s id e n t; J o h n W e a t h e r w a x , V ic e P r e s id e n t ; M. D u r h a m , C a s h ie r ;
G e r t i e C o m s t o c k , A s s i s t a n t C a s h ie r .
D ir e c t o r s .— Colon C, Lillie, M. D urham , John W eatherwax, Frederick D. Smith, W alter I. Lillie,

Julia A. Lillie, Sarah P. D urham .

Resources.

Loans and discounts:
Commerrial d ep artm en t...............
Savings d ep artm en t......................
Bonds, m ortgages and securities:
Commercial d e p a rtm e n t...............
Savings departm ent ...................
Premium account, ...........................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding eaxnings.........................
Panning b o u se....................................
F urniture and fix tu res.....................
Other real estate ..............................
Due from other banks and bankers,
not reserve citie s...........................
Tt.ems in tr a n s it..................................
U nited S tates bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Sa.vings d ep artm en t.......................
Exchanges for clearing house:
Com mere,ia.l dep axtm ent. .«...........
Savings d e p a r tm e n t.....................
U. S. and N ational bank currency:
Commercial depa.rtm ent...............
Sa.vings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial depa,rtm ent...............
Savings departm ent ...................
Nickels and cents:
Commercial d e p artm en t...............
Savings departm ent,.......................
Suspense ...........................................
Checks and other cash ite m s...........
T o ta ls ..........................................
Liabilities.
Capital stock paid i n .......................
Surplus fund ....................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
paid
...............................................
Oividends unpaid
...................
Commercial deposits subject to
check ...............................................
Commercial certificates of d ep o sit.
Certified checks ................................
Cashier's checks o u tstan d in g ..........
State monies on d ep o sit...................
d u e to banks and b a n k e rs...............
Savings deposits.................................
Savings certificates of dep o sit........
p^PS0 i'yprl fnr t.a.xes interest, e tc ..
Notes and bills rediscounted...........
■Rifis payable
................... /. . . .

Report of
R eport of
R eport of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, '09. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$52,677 05
36,903 23

$63,148 98
33,478 76

$75,471 84
28,254 49

$74,479 64
37,412 06

$71,955 70
35,225 43

159,313 77

163,508 77

181,718 77

180,784 77

182,033 22

1,308 74

991 94

1,123 21

1,920 92

425 87

2.500
1.500

2.500 00
1.500 00

2.500 00
1.500 00

2.500
1.500


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

2.500
1.500

00
00

00
00

613 62

'613 62

613 62

613 62

1,232 50

5,000 00

5,000 00

171 90

5,000 00
1,160 00

4,000 00
27,652 14

4,637 56
29,927 45

38 69
27,150 67

4,786 37
29,637 21

8,304 65
35,607 98

1,561 00
1,300 00

613 62

763 00
354 00

2 ,2 0 0 00
00

2,372 00

2 ,2 0 0 00
1,086 00

9,480 00

1,100 00
9,965 00

1 1 ,0 2 0 00

11,885 00

1 2 ,0 0 0 00

53 00
308 95

97 00
201 05

330 00
9 20

227 55

658 95
14
143 50

98
180 93

07
109 26

4 42
57 13

34 47

63 55

83 12

64 24

62 67

$298,103 59

$314,643 56

$340,594 91

$354,369 01

1,412

100 00

00
00

$2 0 ,0 0 0
6,500

00
00

2,612 39

2,0-5 13
37 69

3,794

37,235 29

47,073 69

$2 0 ,0 0 0 00
5,500 00

29,995 24
202,754 04

6

T o tals............................................

00
00

63

$298,103 59

$2 0 ,0 0 0
6,500

645 00

5 73
$358,940 22

00
00

$2 0 ,0 0 0 00
7,000 00

86

4,269 51

2,336 40

40,473 81

48,665 46

49,437 19

9,000 00

9,000 00

9,000 00

5,000 00

5,000 00

5,000 00

39,272 21
216,554 03

43,547 10
217,386 94

47,308 51
218,858 12

$314,643 56 j $340,594 91

$354,369 01

$358,940 22

$2 0 ,0 0 0
6,500

33,441 91
205,423 07
82 07

STA TE BANKING D EPA R TM EN T.

100

No. 406.

f m ■

T H E STATE BANK OF MONTCALM COUNTY, CORAL.
Organized Ju ly 21, 1908.
J . S t e w a r t N e w e l l , P r e s id e n t ; T h o m a s H i l l , V ic e P r e s id e n t ; S t e p h e n M. D i n s m o r e , C a s h ie r ;
H u g h S. N e w e l l , A s s i s t a n t C a s h ie r .
D i r e c t o r s .— J . S. Newell, Thomas Hill, S M. Dinsmore, Lincoln Avery, Michael C. Arbogast,

P. R. Dinsmore, D. L. Shook.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings departm ent
.................
Bonds m ortgages and securities:
Commercial d ep artm en t...............
Savings d epartm ent ....................
Prem ium a,ecount
.....................
O verdrafts............................................
Expenses, interest and taxes paid,
preceding earnings.........................
Pa n king house ..................................
F urniture a,nd fix tu res.....................

R eport of
R eport of
Report of
Report of
R eport of
Nov. 16, ’09. Jan. 3 i, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$39,691 83

$35,717 84

$38,164 57

$44,872 72

$44,759 86

5,109 98
16,210 35

4,936 16
14,641 70

4,835 29
16,560 95

6,512 41
13,679 30

7,717 91
12,779 30

53 78

70 61

3,225 00
1,000 00

3,904 91
1,912 50

4,137 50
2,092 80

4,172 50
2,137 80

4,172 50
2,137 80

1,214 51
2,847 41

2,326 21
1,996 36

2,099 74
1,201 56

3,524 97
4,533 07

4,680 39
2,026 16

2,944 00
395 00

2,247 00
247 00

2,078 00
175 00

530 00
950 00

288 00
800 00

605 00

705 00

845 00

1,560 00

1,630 00

90 30
154 00

31 90
553 00

46 40
473 00

324 00
69 00

237 10
60 00

9 10
07
94 13

2 90
59
16 17

21 61
52
132 14

26 00
57
163 87

34 97
2 52
150 13

$73,590 68

$69,239 24

*$72,864 08

$83,109 99

$81,547 25

$20,000 00
800 00

$20,000 00
900 00

$20,000 00
900 00

$20,000 00
900 00

$20,000 00
1,000 00

611 73

52 20

479 47

1,018 77

164 17

9,289 55
16,252 73

8,361 45
16,724 41

7,758 27
18,310 56

6,607 33
23,344 53

6,858 24
25,540 88

Other real est,a,t,e ..............................
Due from other banks and bankers,
not reserve cities............................
Item s in tran sit ................................
United States bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Exchanges for clearing house:
Oommercial d ep artm en t...............
Savings d e p a rtm e n t......................
U. S. and N ational bank currency:
Oommercial d ep artm en t...............
Savings d e p a rtm e n t.............. . . . .
Gold coin:
Oommercia.l d ep artm en t...............
Savings department,
...............
Silver coin:
Oommercial d ep artm en t...............
Savings departm ent
.................
Nickels and cents:
Oommercial d ep artm en t...............
Savings departm ent ...................
Ohecks and other ca,sh ite m s...........
T o tals............................................
Liabilities.
Capital stock pa,id i n .........................
Surplus fund ....................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
paid
........................... ...................
Dividends nnpa.id
.......................
Commercial deposits subject to
check ...............................................
Commercial certificates of d ep o sit..
Certified ch eck s..................................
Oa.shier’s checks o u tstan d in g ...........
Stale monies on d e p o s i t.................
Due to hanks and h an k ers...............
Savings deposits.................................
Savings certificates of dep o sit........
Deserved for taxes, interest, e tc ..
Notes and hills rediscounted...........
Bills p ay ab le........................................
T o tals............................................


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

4,000 00

4,000 00

4,000 00

5,000 00

5,000 00

18,991 67
1,645 00

17,206 18
1,995 00

16,999 78
2,416 00

16,555 86
2,183 50

15,350 46
2,133 50

2,000 00

2,000 00
$73,590 68

$69,239 24

$72,864 08

7,500 00

5,500 00

$83,109 99

$81,547 25

STATE BANKS OF MICHIGAN.

101

No. 339.
T H E OLD CORUNNA STATE BANK, CORUNNA.
Organized M a / 9, 1906.
W. F. G a l LAGF.il, P r e s id e n t ; J o h n D r is c o l l , T. M. E u l e r , V ic e P r e s id e n t s ;
W. A. R o s e n k r a n s , C a s h ie r ; E. T. S i d n e y , A s s i s t a n t C a s h ie r .

T- M. Euler, W. A. R osenkrans, E. T. Sidney,
A. A. Harped.

D i r e c t o r s .— W. F. Gallagher, John Driscoll,

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......... ............
Bonds, mortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
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 S tates bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d e p a rtm e n t...............
Sa, vi n gs d e p art me n t ......................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
U. S. and National bank currency:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Gold coin:
Commercial d e p a rtm e n t...............
Savings departm ent
...............
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Checks and other cash ite m s...........
T o tals............................................
Liabilities.
Capital stock paid i n .......................
Surplus fu n d ......................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
paid
...............................................
Dividends unpaid
...................
Commercial deposits subject to
check ................... ...........................
Commercial certificates of deposit..
Certified ch eck s...................................
Cashier’s checks outstanding..........
State monies on d ep o sit...................
Due to hanks a,nd h a n k e rs...............
Savings d eposits.................................
Savings certificates of d ep o sit........
Reserved for taxes, interest, e tc . . .
Notes and bills red iscounted...........
Rills payable
..................................
T o ta ls............................................


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

Report of
R eport of
R eport of
R eport of
Report of
Nov. 16, ’09. Jan. 31, '10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$127,778 44
98,619 68

$130,878 83
111,443 51

$158,961 13
116,978 46

$168,907 63
114,827 28

$152,326 43
105,601 70

164,346 50

158,256 50

164,096 50

10,000 00
169,216 50

5,000 00
176,508 70

993 50
506 89

860 20
435 01

1,020 20
512 16

1,143 70
1,821 56

1,244 37
1,700 52

14,000 00
4,000 00

14,000 00
4,000 00

225 49
14,000 00
4,000 00

14,000 00
4,000 00

14,000 00
4,000 00

834 41
808 08

589 72
1,458 50

888 18

541 18
4,056 09

1,661 41
3,788 91

11,653 03
31,942 79

6,625 53
31,059 02

50,716 29
30,377 54

8,422 13
33,285 76

14,698 31
34,441 17

200 00

1,900 00

1,000 00

1,400 00

600 00

9,701 00
5,000 00

11,435 00
6,500 00

6,694 00
6,500 00

15,725 00
6,750 00

9,673 00
6,700 00

1,150 00
10,000 00

1,340 00
10,000 00

1,160 00
10,000 00

1,170 00
10,000 00

1,165 00
10,000 00

850 00

1,800 00

1,100 00

700 00

700 00
26 31

52 25

84 50

137 43

43 64

56 93

492 72

120 47

108 17

33 05

$482,493 50

$493,159 04

$568,487 85

$566,118 64

$543,868 88

$30,000 00
9,000 00

$30,000 00
10,000 00

$30,000 00
10,000 00

$30,000 00
10,000 00

$30,000 00
10,000 00

1,159 28

21 91

1,395 10
2,400 00

455 77

63,365 68
86,505 88

64,350 54
85,857 98

89,437 70
102,557 75

57,979 38
121,870 14

45,409 15
124,999 52

3,268 78
20,985 51
268,208 37

3,074 88
19,740 77
280,112 96

8,048 92
24,540 43
303,903 05

8,394 48
26,533 15
307,546 39

28,925 22
304,079 22

$482,493 50

$493,159 04

$568,487 85

$566,118 64

$543,868 88

STATE BANKING DEPARTMENT.

102

No. 183.
*SANILAC COUNTY STATE BANK, CROSW ELL.
Organized December 26, 1895.
J o h n P. N i g g e m a n , J r ., P r e s id e n t ; R o b e r t G r a y , D. M c N a i r , V ic e P r e s id e n t s ; A. R . S c h e l l , C a s h ie r
F. L. F e n t o n , A s s i s t a n t C a s h ie r ; A. E. S l e e p e r , D. M c N a i r , A u d ito r s .
D i r e c t o r s .— A. E. Sleeper, John P. Niggeman, Jr., D. McNair, Robert Gray, Jam es McColl.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds mortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Prem ium account
..........................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
Banking h o u se....................................
F urniture and fixtures ...................
Other real estate ..............................
Due from other banks and bankers,
not reserve cities............................
Item s in tr a n s it..................................
U nited States bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Exchanges for clearing house:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
U. S. and National bank currency:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Savings departm ent
...............
Nickels and cents:
Commercial d epartm ent. .............
Savings d e p a rtm e n t......................
Checks and other cash ite m s ...........
T o tals............................................
liab ilities.
Capital stock paid i n ..........................
Surplus fu n d ......................................
U ndivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................
Dividends u n p a id ...............................
Commercial deposits subject to
ch e c k .................................................
Commercial certificates of d ep o sit. .
Certified ch eck s..................................
Cashier’s checks o u tstan d in g ...........
State monies on deposit...................
Due to banks and b an k ers...............
Savings deposits.................................
Savings certificates of d ep o sit.........
Reserved for taxes, interest, e t c . .
Notes and bills redisco unted ...........
Bills p ay ab le........................................
T o tals............................................

Report of
R eport of
R eport of
Report of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$194,825 62
50,335 00

$174,360 05
65,248 75

$177,683 84
68,248 75

106,643 98

116,575 59

118,682 55

855 69

1,468 02

1,074 47

2,500 00
2,873 46

2,500 00
2,873 46

2,500 00
2,873 46

1,417 70

1,417 70

1,417 70

4,393 91
3,370 57

225 10
1,626 80

5,496 97

70,721 50
14,696 65

72,233 20
16,742 78

90,400 76
26,417 61

912 00
20,416 00

5,731 00
12,424 00

8,336 00
8,900 00

6,302 50

6,767 50

6,880 00

1,573 70

1,582 45

1,566 40

127 81
09
357 05

109 15
92
1,330 98

76 38
4 36
301 35

$482,323 23

$483,217 45

$520,860 60

$35,000 00
10,000 00

$35,000 00
10,000 00

$35,000 00
10,000 00

14,475 90

11,010 76

12,844 57

85,020 21
145,735 40

79,972 10
136,180 17

105,260 83
132,716 86

55,757 59
136,334 13

62 38
59,412 26
151,579 78

2,785 07
62,636 55
159,616 72

$482,323 23

$483,217 45

♦Consolidated w ith S tate B ank pf Croswell.


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

$520,860 60 ............

i

STATE BANKS OF MICHIGAN.

103

No. 182.
STATE BANK OF CROSW ELL, CROSW ELL.
Organized December 4, 1895.
J o h n P. N ig g e m a n , J r ., P r e s id e n t ; A l b e r t E . S l e e p e r , M e l v i n H. A i t k e n , V ic e P r e s id e n t s ;
M e l v i n H. A i t k e n , C a s h ie r ; F r a n k L. F e n t o n , A s s i s t a n t C a s h ie r .
D i r e c t o r s .—John P. Niggeman, Jr., Wm. H. Aitkin, F. J. Battersbee, Melvin H. Aitkin,

H. W. W ixon, Albert E . Sleeper, G. G. Scranton.

Resources.

R eport of
R eport of
R eport of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, TO. June 30, TO. Sept. 1, TO.
1

Loans and discounts:
Commercial d ep artm en t...............
Savings d ep artm en t......................
Bonds, mortgages and securities:

$74,653 13
59,755 39

$90,050 22
58,661 77

$94,823 32
71,111 16

$299,403 99
145,012 64

$229,921 66
162,808 50

Savings d ep artm en t.......................

92,349 27

94,807 12

97,165 97

241,390 03

249,474 38

O verdrafts............................................
Expenses, interest and taxes paid,

217 55

17 62

195 01

373 61

314 63

B anking ho u se....................................
F u rn itu re and fix tu res.............

2,750 00
1,800 00

2,750 00
1,800 00

2,750 00
1,800 00

5,250 00
4,903 46

2,500 00
3,103 46

O ther real e s ta te . . . . ' .......................
Due from other banks and bankers,
not reserve cities............................

2,500 00

2,500 00

2,500 00

1,417 70

1,417 70

909 54

587 36

3,396 21

465 19
8,508 30

88 70
1,980 28

48,654 44
17,900 00

27,824 13
36,400 00

27,022 96
55,700 00

50,242 07
96,880 99

31,612 32
79,981 80

U nited S tates bonds:
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d ep artm en t.......................
Exchanges for clearing house:

300 00

35,000 00

U. S. and N ational bank currency:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Gold coin:

2,495 00
2,954 00

5,568 00
5,282 00

3,611 00
5,791 00

20,460 00
5,266 00

9,000 00
20,000 00

Savings d e p a rtm e n t......................

6,010 00

10 00
6,000 00

6,040 00

13,020 00

500 00
9,840 00

245 80
10

236 70
50

202 15

2,062 65

320 00
341 00

~389 66
733 00

464 06
03
293 82.

430 2?
14
400 89

03
103 41
1,394 94

4 44
253 18
206 61

$314,316 88

$333,553 33

$372,940 08

$931,155 01

$803,668 66

$22,000 00
5,000 00

$22,000 00
5,000 00

$22,000 00
5,000 00

$60,000 00
12,000 00

$60,000 00
12,000 00

1,344 80

1,866 24

3,470 48

5,889 50

3,960 96

101,779 14
2,681 15

98,298 33
2,520 10

101,822 84
2,271 25

213,400 75
96,863 50

118,858 87
84,979 54

Silver coin:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Nickels and cents:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Checks and other cash i te m s .. . . . . .
T o tals............................................
Liabilities.
Capital stock paid i n .......................
Surplus fu n d ........................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ............................................. . ..
D iv id e n d s u n p a id

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

Commercial deposits subject to
ch eck .................................................
Commercial certificates of deposit.
State monies on d ep o sit....................
Due to banks and b a n k e rs. .............
Savings deposits.................................
Savings certificates of dep o sit........

2,500 00
43 03

2,500 00
217 24

2,500 00
67 24

178,968 76

201,151 42

T o tals............................................

$314,316 88

$333,553 33


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

7,500 00

235,808 27

103,897 22
431,604 04

566 71
104,157 95
419,144 63

, $372,940 08

$931,155 01

$803,668 60

STATE BANKING DEPARTMENT.

104

No. 176.
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 H i l l , V ic e P r e s i d e n t ; W.
M. A. M c B r a t n e y , A s s i s t a n t C a s h ie r .

G. B i l l i n g s ,

C a s h ie r ;

D i r e c t o r s .— A. B. Cullen, Israel Hill, J. H. B axter, George Leach, F. H. Jaques, S. T. Hall,

W. G. Billings.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d ep artm en t......................
Bonds, mortgages and securities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Prem ium acco u n t...............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
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 S tates bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d ep artm en t.......................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
U. S. and National bank currency:
Commercial d e p artm en t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d e p a rtm e n t...............
Savings departm ent ...................
Nickels and cents:
Commercial departm ent f .............
Savings d ep artm en t.................... ..
Checks and other cash ite m s...........
T o tals............................................
Liabilities.
Capital stock paid i n .......................
Surplus fu n d ............ ...........................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id .............................. .....................
Dividends u n p a id ......... .....................
Commercial deposits subject to
check .................................................
Commercial certificates of deposit.
Certified ch eck s..................................
Cashier's checks o u tstan d in g ..........
State monies on d ep o sit...................
Due to hanks and b an k ers...............
Savi n gs deposits.................................
Savings certificates of deposit.........
Reserved for taxes interest, etc. .
Notes and bills rediscounted...........
Bills p a y a b le .......................................
Totals

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


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

R eport of
Report of
Report of
Report of
Report of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$49,122 77
28,162 76

$49,206 53
26,010 26

$55,653 24
24,479 59

$52,482 52
37,228 33

$51,291 86
37,339 65

124,925 48

125,810 69

128,115 69

142,414 31

146,744 31

617 40

221 26

63 61

195 26

838 30

4.000 00
1.000 00

4.000 00
1.000 00

4.000 00
1.000 00

4.000 00
1.000 00

4.000 00
1.000 00

2,345 32
120 05

11,061 71
34 53

11,865 37

4,595 57

432 41
17 00

4,869 44
18,000 00

2,605 77
22,000 00

1,955 71
29,000 00

1,068 73
9,000 00

3,379 17
9,130 49

336 00
3,787 00

1,700 00
8,884 00

2,364 00
5,335 00

2,100 00
6,400 00

695 00
5,073 00

77 50
3,155 00

125 00
350 00

155 00
510 00

340 00
970 00

250 00
1,285 00

296 90
587 80

280 25
779 15

214 40
653 75

334 65
1,065 00

180 00
1,188 05

72 93
146 10

25 58
101 91

30 37
95 36

33 33
63 96
2 00

12 07
78 34
13 59

$241,622 45

$254,196 64

$265,491 09

$263,293 66

$262,948 24

$20,000 00
3,500 00

$20,000 00
3,700 00

$20,000 00
3,700 00

$20,000 00
4,000 00

$20,000 00
4,000 00

5,156 10

4,920 98
80 00

5,625 41

4,521 55
800 00

4,100 82

34,202 21

43,248 23

41,976 29

36,830 51

34,129 30

178,764 14

182,247 43

194,189 39

197,141 60

21,260 47
179,457 65

$241,622 45

$254,196 64

$265,491 09

$263,293 66

$262,948 24

STATE BANKS OF MICHIGAN.

105

No. 459.
*THE D EA RBO RN STATE BANK, D EA RBO RN. . .
Organized June 2, 1910.
H enry

F o r d , P r e s id e n t ; H e r m a n K a l m b a c k , V ic e P r e s id e n t ; S. M c G e a c h y , C a s h ie r .

D i r e c t o r s .— H enry Ford, H erm an Kalm bach, John Holtz, David P. Lapham, S. McGeachy,

Jam es Couzens, J. H. Johnson.

Resources.

R eport of
Report of
Report of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds, mortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Prp.miiim a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
Banking h o u se....................................
F urniture and fix tu res.....................
Other real estate ................................
Due from other banks and bankers,
not reserve cities............................
Item s in tr a n s it..................................
United States bonds:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
U. S. and National bank currency:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Gold coin:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......... ............
Checks and other cash ite m s...........
T o tals............................................
Liabilities.
Capital stock paid i n .......................
Surplus fu n d ......................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
paid
........................... ...................
Dividends u n p a id ..............................
Commercial deposits subject to
check ...............................................
Commercial certificates of dep o sit..
Certified ch eck s...................................
Cashier’s checks outstanding. . . . . .
State monies on d ep o sit...................
Due to banks and b an k ers...............
Sa.vings deposits.................................
Sa.vings certificates of deposit.........
Reserved for taxes, interest, etc. . .
Notes and bills rediscounted...........
Bills p a y a b le .......................................
T o tals............................................
♦Commenced business Septem ber 22, 1910.

14


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

'

STA TE BAN KING D EPA R TM EN T.

106

No. 319.
T H E C IT IZ E N S ’ STATE BANK OF DECATUR, DECATUR.
Organized A ugust 15, 1905.
G e o . T. P o m e r o y , P r e s id e n t ; J. C. D u n n i n g t o n , V ic e P r e s id e n t .
D ir e c t o r s .— S. B. Monroe, J. C. D unnington, Geo. T. Pomeroy, G. B. Rogers, J. E. Maxwell,

S. J. Sherrod, E. J. Rawson, A. J. Goble.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d ep artm en t.......................
Bonds, mortgages and securities:
Commercial d e p artm en t...............
Savings d ep artm en t.......................
Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
B anking 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 S tates bonds:
Savings d ep artm en t.......................
Due from banks in reserve cities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
U. S. and National bank currency:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d ep artm en t......................
Silver coin:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Nickels and cents:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Checks and other cash ite m s...........
Totals. .........................................
Liabilities.
Capital stock paid i n .......................
Surplus fu n d ........................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................
Dividends u n p a id ..............................
Commercial deposits, subject to
check .................................................
Commercial certificates of deposit.
Certified ch eck s..................................
Cashier’s checks o u tstan d in g ...........
State monies on deposit...................
Due to banks and b an k ers...............
Savings deposits.................................
Savings certificates of d eposit.........
Reserved for taxes, interest, etc. ..
Notes and bills rediscounted...........
Bills p ay ab le........................................
T o ta ls ..........................................


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

R eport of
R eport of
R eport of
Report of
Report of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, TO. Sept. 1, TO.

$36,774 68
51,955 16

$38,112 37
63,339 57

$47,263 71
50,632 28

$25,795 12
52,129 53

$28,867 19
59,408 17

39,122 43

41,887 43

47,247 43

64,132 43

64,017 43

614 33

342 80

82 68

321 92

1,388 96

8,700 00
1,300 00

8,700 00
1,300 00

8,700 00
1,300 00

8,700 00
1,300 00

8,700 00
1,300 00

2,252 69

3,393 70
5,539 01

2,160 33

3,184 97
10,447 77

3,891 61
8,035 85

1,026 51
11,316 47

3,676 67
12,228 75

3,190 00
4,300 00

6,066 00
3,870 00

4,652 00
4,155 00

5,108 00
5,000 00

3,871 00
5,075 00

1,445 00

1,560 00

1,245 00

500 00
710 00

1,425 00

646 40
255 00

1,000 00
500 00

383 85
500 00

1,160 00
280 00

1,072 25
475 00

91 59
393 59

170 82
70 00
360 45

116 95
100 00
214 53

105 84
10 00
233 53

20 12
25 00
31 39

$160,413 58

$180,912 18

$180,681 22

$177,829 35

$191,581 93

$20,000 00
1,000 00

$20,000 00
1,250 00

$20,000 00
1,250 00

$20,000 00
1,500 00

$20,000 00
1,500 00

3,432 86

3,823 49

4,350 73

3,616 84

3,806 43

28,740 03
3,236 05

39,067 66
1,929 61

29,966 08
1,061 00

22,476 59
2,542 72

30,714 72
8,339 14

5,000 00

2,500 00

2,500 00

34,921 98
69,082 66

39,549 67
75,291 75

39,713 91
79,339 50

- 42,175 82
83,017 38

44,222 86
80,498 78

$160,413 58

$180,912 18

$180,681 22

$177,829 35

$191,581 93

440 00

STATE BANKS OF MICHIGAN.

107

No. 102.
T H E F IR S T STATE BANK OF DECATUR, DECATUR.
Organized Septem ber 19, 1890.
E. B. C o p l e y ,

A. W. H a y d o n , V ic e P r e s id e n t ; L. D. H i l l ,
L. E. V a n A n t w e r p , A s s i s t a n t C a s h ie r .

P r e s id e n t ;

C a s h ie r ,

D i r e c t o r s .— E. B. Copley, A. E. Lawrence, A. W. Haydon, Bell A. Baker, A. W ard Copley.

Resources.

Loans and discounts:
Commercial d e p a rtm e n t.............
Savings d ep artm en t.....................
Bonds, mortgages and securities:
Commercial d e p a rtm e n t.............
Savings d ep artm en t.....................
Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid
exceeding e a rn in g s........................
B anking h ouse....................................
F urniture and fix tu res......................
Other real e s ta te ................................
Due from other banks and bankers,
not reserve cities............................
Rem s in tr a n s it..................................
U nited S tates bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...........
Savings d ep artm en t..................
Exchanges for clearing house:
Commercial d e p a rtm e n t...........
Savings d ep artm en t...................
U. S. and N ational bank currency:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Gold coin:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Silver coin:
Commercial d e p a rtm e n t.. .
Savings d ep artm en t............
Nickels and cents:
Commercial d e p a rtm e n t.. .
Savings d ep artm en t............
Checks and other cash ite m s.
Totals.
Liabilities.
Capital stock paid i n ...................
Surplus fu n d ....................................
U ndivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...............................................
Dividends u n p a id ..........................
Commercial deposits subject to
ch eck ...................................... ..
Commercial certificates of deposit
Certified ch eck s................................
Cashier’s checks o u tstan d in g .........
State monies on d ep o sit.................
Due to banks and b an k ers.............
Savings d ep o sits...............................
Savings certificates of dep o sit. . . .
Reserved for taxes, interest, etc. .
Notes and bills red iscounted........
Bills p ay ab le......................................
Totals..


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

R eport of
R eport of
R eport of
Report of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$55,421 14
21,725 00

$47,819 56
26,425 00

$46,162 15
24,825 00

$65,433 86

3,433 89

120,417 45

126,936 37

136,979 85

160,426 85

176,168 21

586 00

4,832 75

691 65

451 07

1,417 63

9.000 00

9.000 00

9.000 00

9.000 00

2.000 00

2.000 00

2.000 00

9.000 00

2.000 00

546 38

546 38

546 38

546 38

546 38

' ÀiÒ 00

i .390 00

2,019 44
24,156 29

9,331 65
39,927 92

10,664 39
26,885 65

4,136 33
29,229 12

3,034 84
14,227 34

5,685 00
4,000 00

503 00
4,000 00

2,258 00
5.000 00

2,463 00
5,000 00

2,261 00
4,000 00

576 00
5,000 00

1,496 00
4,000 00

830 00
5.000 00

1,360 00
5,000 00

6,000 00

554 90

651 95

443 50

1,057 50

646 25

95 37

92 59

103 80

76 27

2.000 00

440 00

51 49
602 00

Ì9. ÌÓ
$252,292 97

,953 17

$271,409 47

$286,180 38

,829 03

$30,000 00

$30,000 00

$30,000 00

$30,000 00

$30,000 00

10,000 00

10,000 00

10,000 00

10,000 00

10,000 00

3,739 88

5,104 49

6,135 62

6,699 20

5,937 68

42,336 75

43,680 63

37,112 71

43,296 57

43,972 68

30,002 73
136,213 61

35,967 21
154,200 84

38,609 52
149,551 62

40,994 91
155,189 70

38,982 32
152,936 35
5,000 00

$252,292 97

$278,953 17

$271,409 47

$286,180 38

,829 03

STA TE B AN KING D EPA R TM EN T.

108

No. 196.
FA RM ER S’ STATE BANK OF D EC K ER V IL LE , D EC K ER V ILLE.
Organized June 25, 1897.
I r a A r n o t , P r e s id e n t ; E . M. M a r k , V ic e P r e s id e n t a n d C a s h ie r ;
J. F . V a r t y , R . W i l l i s , Assistant C a s h ie r s , j
D i r e c t o r s .—Ira Arnot, Myra A. Mark, E . M. Mark, John Blower, Noah Davidson,

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d ep artm en t......................
Bonds, m ortgages and securities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Premium acco u n t...............................
O v e rd ra fts ..........................................
Expenses, interest and taxes paid,
exceeding earnings.........................
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...........................
Ttema in tr a n s it..................................
U nited States bonds:
• Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d ep artm en t.......................
Exchanges for clearing house:
Commercial d e p artm en t...............
Savings d ep artm en t.......................
U. S. and National bank currency:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................

R eport of
R eport of
R eport of
Report of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, '10. June 30, ’10. Sept. 1, ’10.

$140,296 65

$154,886 96

$153,216 63

$148,974 62

$169,946 42

29,823 52

32,094 52

39,960 77

31,780 90

23,373 90

1,590 54

1,545 49

1,749 99

833 05

1,699 57

1,971 74
3,280 45

1,971 74
3,280 45

1,971 74
3,280 45

1,971 74
3,280 45

1,971 74
3,280 45

3,167 99

1,195 60

606 19

12,410 10

16,139 59
2,000 00

8,007 35
5,000 00

13,767 82
5,000 00

9,099 34
5,000 00

449 73

9,030 00

6,145 00

9,819 00

5,626 00

6,892 00

6,025 00

6,835 00

3,265 00
2,500 00

4,205 00
2,000 00

4.000 00
2.000 00

333 90

29 50

174 10

415 50

27 50

28 71

9 50

Silver coin:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Nickels and cents:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Checks and other cash ite m s...........

711 50

T o tals............................................

$208,670 10

Liabilities.
Capital stock paid i n .......................
Surplus fu n d ........................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................
Dividends u n p a id ..............................
Commercial deposits subject to
ch eck ........................................ 1. . .
Commercial certificates of deposit.
Certified ch eck s..................................
Cashier’s checks o u tstan d in g ...........
S tate monies on d ep o sit...................
Due to banks and b an k ers...............
Savings deposits.................................
Savings certificates of deposit........
Reserved for taxes, interest, e tc . .
Notes and bills rediscounted...........
Bills p a y ab le .......................................
T o tals............................................


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

428 32

22 41

14

1 05

121 64

133 72

82 74

$226,583 08

$229,695 27

$217,988 94

$227,803 03

$15,000 00
10,000 00

$15,000 00
10,000 00

$15,000 00
10,000 00

$15,000 00
10,000 00

$15,000 00
10,000 00

1,550 13

•1,888 12

1,364 22

1,302 92

714 32

38,016 32
116,375 99

36,264 34
104,920 43

34,780 28
99,393 63

39,696 92
101,038 58

43,669 65
98,744 73

2,500 00
8,978 65

2,500 00
18,811 73

5,000 00
5,466 83

5,000 00
8,636 92

5,000 00
13,561 73

16,249 01

37,198 46

48,690 31

37,313 60

36,112 60

$208,670 10

$226,583 08

$229,695 27

$217,988 94

$227,803 03

10,000 00

5,000 00

STATE BANKS OF MICHIGAN.

109

No. 195.
STATE BANK OF D EC K ER V ILLE, D EC K ER V ILLE.
Organized June 1, 1897.
Wm . H. A i t k i n ,

B. F o r r e s t e r , V ic e P r e s id e n t ; C. E. M c C l u s k e y , C a s h ie r ;
F r e d L e o n a r d , A s s i s t a n t C a s h ie r .

P r e s id e n t ; G e o .

D i r e c t o r s .— ffm . H . Aitkin, Melvin H . Aitkin, Geo. B. Forrester, M. C. Richardson, C. E. McCluskey.

Resources.

Loans and discounts:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Bonds, mortgages and securities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Premium account,
...................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
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 bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d e p artm en t...............
Savings departm ent
.................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
U. S .'a n d N ational bank currency:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Checks and other cash ite m s...........
T o tals............................................
Liabilities.
Capital stock paid i n .......................
Surplus fu n d ........................................
Undivided profits, less losses, cur­
rent 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.
Certified ch eek s..................................
Cashier’s cheeks o u tstan d in g ...........
State monies on d ep o sit...................
Due to banks and b a n k e rs...............
Savings d ep o sits.................................
Savings certificates of d ep o sit........
Reserved for taxes, interest, etc. . .
Notes and hills red iscounted...........
Bills p ay ab le........................................
T o tals............................................


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

R eport of
R eport of
R eport of
R eport of
Report of
Nov. 16, ’00. Jan. 31, TO. Mar. 29, TO. June 30, TO. Sept. 1, TO.

$158,580 29

$179,809 04

$191,099 06

$184,143 27

$184,161 47

23,321 19

11,569 69

11,414 69

9,714 69

10,158 69

1,370 00

1,140 39

738 85

910 88

1,372 95

1,900 00
1,510 00

1,900 00
1,480 00

1,900 00
1,475 00

1,900 00
1,475 00

1,900 00
1,475 00

63 92

63 92
649 17

473 00

20 00
1,000 00

18,651 09

17,487 16

17,512 79

16,021 07

20,236 65

1,260 74

•

4,571 00

9,833 00

6,199 00

7,929 00

6,329 00

7,665 00

8,125 00

8,210 00

8,820 00

9,265 00

261 75

373 55

251 25

229 75

357 00

129 65

225 99

249 71

103 95

127 64

186 07

198 44

294 66

51 17

553 17

$216,840 68

$234,955 67

$241,132 48

$233,297 87

$234,232 71

$15,000 00
3,000 00

$20,000 00
4,000 00

$20,000 00
4,000 00

$20,000 00
4,000 00

$20,000 00
4,000 00

636 45

1,468 45

2,835 43

3,312 40

2,614 51

57,192 35
138,040 73

65,472 81
138,350 13

65,535 03
143,426 23

57,664 58
143,320 89

60,076 82
142,244 87

2,500 00
471 15

2,500 00
3,164 28

5,000 00
335 79

5,000 00

5,000 00
296 51

$216,840 68

$234,955 67

$241,132 48

$233,297 87

$234,232 7

STA TE BANKING D EPA R TM EN T.

110

No. 335.
T H E D E E R F IE L D STATE BANK, D E E R F IE L D .
Organized March 27, 1906.
W. F. W e i s i n g e r ,

P r e s id e n t ; D a l e M u n s o n , V ic e P r e s id e n t ;
M. E . Ca n n o n , A s s i s t a n t C a s h ie r .

V. B. C a n n o n ,

C a s h ie r ;

D i r e c t o r s .— W. F. Weisinger, Daniel Diver, N athan Bragg, Geo. Cannon, Dale Munson.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings departm ent ...................
Bonds, m ortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid
exceeding earnings.........................
Banking h o u se....................................
F urniture and fix tu res......................
Other real e s ta te ................................
Due from other banks and bankers,
n ot, reserve cities............................
Item s in tr a n s it....................... ..........
United States bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Exchanges for clearing house:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
U. S. and N ational bank currency:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................

R eport of
R eport of
R eport of
Report of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$34,991 14
18,081 65

$42,623 10
14,898 12

22,998 75

25,698 75

887 93

191 35

2,000 00

2,000 00

$33,790 65
21,666 99

$36,826 52
21,620 77

$43,588 20
15,814 36

27,225 00

28,625 00

696 51

728 98

1,627 48

2,000 00

2,700 00

2,700 00

26,398 75 (

292 29

1,026 20

3,403 63
3,086 62

3,030 73
5,736 13

10,467 52
10,215 65

15,729 85
4,911 04

21,019 18
6,997 70

391 00
2,000 00

1,936 00
2,000 00

2,114 00
5,500 00

2,934 00
1,400 00

1,286 00
2,500 00

100 00
2,790 00

1,715 00

410 00

885 00

1,200 00

Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Checks and other cash ite m s...........

235 00
662 15

375 60
300 00

914 65
4 00

850 35
14 85

427 70
42 00

82 25
100 00
1,164 07

91 03

71 06
62
506 95

81 09

833 93

93 98

41 48
48
1,154 28

T o tals.............. .............................

$93,266 48

$101,429 74

$114,757 35

$116,001 43

$128,050 06

$20,000 00
2,294 00

$20,000 00
2,294 00

$20,000 00
2,400 00

$20,000 00
2,400 00

$20,000 00
2,500 00

1,263 51

1,244 61

1,131 57

1,282 65

1,037 66
30 00

17,634 85
1,816 82

25,866 04
2,955 39

22,528 08
4,911 69

16,303 53
19,954 46

29,644 97
19,653 49

49,869 76

49,069 70

63,786 01

56,060 79

55,183 94

$101,429 74

$114,757 35

$116,001 43

$128,050 06

Liabilities.
Capital stock paid i n .........................
Surplus fu n d ......................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
paid
...............................................
Dividends u n p a id ..............................
Commercial deposits subject to
ch eck .................................. ..............
Commercial certificates of dep o sit. .
Certified ch eck s..................................
Cashier's checks o u tstan d in g ...........
State monies on deposit...................
Due to banks and b an k ers............. .
Savings deposits.................................
Savings certificates of deposit . . . .
Reserved for taxes, interest, etc. .
Notes a.nd bills red iscounted...........
Bills p ay ab le........................................
T o tals............................................


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

387 54

$93,266 48

STATE BANKS OF MICHIGAN.

Ill

No. 301.
T H E DELTON STATE BANK, DELTON.
.

Organized November 3, 1904.
A. A. A l d r i c h , P r e s id e n t ; J . G. H u g h e s , V ic e P r e s id e n t ; C. F. M o r e a u , C a s h ie r .

D i r e c t o r s .— A. A. Aldrich, J. G. Hughes, Donald Me Leay, William Elliott, L. P. Teerpening,

Geo. J. Doster, T. A. Aldrich.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds, m ortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
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............................
Ttems in tr a n s it..................................
U nited States bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Exchanges for clearing house:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
U. S. and N ational bank currency:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t........ ..
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Checks and other cash ite m s...........
T o tals............................................
Liabilities.
Capital stock paid i n .........................
Surplus fu n d ........................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ................................ ...................
Dividends u n p a id ..............................
Commercial deposits subject to
check .................................................
Commercial certificates of dep o sit. .
Certified ch eck s...................................
Cashier’s checks o u tstan d in g ...........
State monies on deposit...................
Due to banks and b a n k e rs ...............
Savings deposits.................................
Savings certificates of d e p o sit........
Reserved for taxes, in terest, e tc . .
Notes and bills red iscounted...........
Bills p ay ab le........................................
T o tals............................................


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

R eport of
R eport of
Report of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, '10. Mar. 29, '10. June 30, '10. Sept. 1, '10.

$17,701 17
16,701 66

$13,318 27
29,877 27

$16,308 79
35,229 77

$18,468 57
33,769 10

$23,913 57
28,785 19

9,700 00
55,360 68

9,700 00
52,935 68

59,360 58

67,517 36

74,102 36

903 70

960 57

1 39

47 95

145 01

1,800 00

1,800 00

1,800 00

1,800 00

1,800 00

1,398 68
1,709 50

1,122 86
2,234 50

1,972 73

2,306 20

864 56
5,985 00

21,900 88
10,000 00

12,309 08
■12,000 00

19,873 44
14,000 00

16,406 40
15,000 00

8,818 42
14,000 00

1,313 00
2,700 00

1,149 00
3.000 00

1,085 00
3,500 00

2,352 00
4.000 00

690 00
3.500 00

80 00
2,000 00

20 00
2.000 00

165 00
2,000 00

395 00
2.000 00

75 00
2.500 00

209 95

146 90

119 25

265 70

446 95

130 51

142 13

156 15

117 58

111 40

172 28

30 00

627 07

179 79

$143,782 01

$142,746 26

$156,199 17

$164,625 65

$165,737 46,

$20,000 00
1,000 00

$20,000 00
2,000 00

$20,000 00
2,000 00

$20,000 00
2,000 00

$20,000 00
2,000 00

3,029 39

1,351 54

1,962 54

2,725 26

2,901 81

27,121 71

17,994 21

22,268 55

18,385 78

22,730 21

1,000 00
16,043 45
76,587 46

17,419 51
83,981 00

19,849 66
90,118 42

22,024 48
98,490 13

22,928 22
95,177 22

$143,782 01

$142,746 26

$156,199 17

$164,625 65

$165,737 46

STA TE BAN KING D EPA R TM EN T.

112

No. 73.
CENTRAL SAVINGS BANK, D ETR O IT.
Organized April 19, 1888.
W. P. H o l l id a y ,

C. P. C o l l i n s , V ic e P r e s id e n t ; H a r r y J. F o x , C a s h ie r ;
M e y e r B i n g , A s s i s t a n t C a s h ie r .

P r e s id e n t ;

D i r e c t o r s .— W. P. Holliday, Wm. T. Gage, H arry J. Fox, C. P. Collins, Alex. I. McLeod,

E dgar Rexford, Samuel T. Douglas.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings (ip.partmp.nt .................
Bonds, mortgages and securities:
Commercial d ep artm en t...............
Savings rippartmpnt,
...............

Report of
Report„of
R eport of
R eport of
Report of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, '10.

$513,628 89
147,308 61

$493,999 43
237,084 06

$489,695 57
327,127 01

$542,330 68
361,197 52

$577,487 06
458,776 21

1,448,995 76

1,468,790 46

1,510,376 62

1,598,664 89

1,696,410 31

205 61

1,362 45

766 96

951 79

673 11

29,726 07
20,000 00

29,726 07
19,000 00

29,726 07
19,000 00

29,726 07
19,000 00

29,726 07
19,000 00

43,815 37

43,557 97

40,833 62

40,310 90

40,046 20

262 86

3,222 97

3,758 73

1,953 69

824 10

54,342 35
138,777 74

55,809 17
240,448 08

140,122 35
244,617 77

175,321 30
305,189 17

21,666 52
202,054 93

29,174 55

38,775 31

41,273 04

53,763 90

34,166 42

37.952 00
71.952 00

65,929 00
55,645 00

16,067 00
72,805 00

28,000 00
91,414 00

30,697 00
75,000 00

24,707 50

23,310 00

30,967 50

26,625 00

21,557 50

16,186 00

■29,935 00

16,206 00

14,887 00

13,318 00
10,000 00

204 23

336 47

363 21

269 16

404 10

168 45

97 26

229 20

128 16

104 46

T o tals............................................ $2,577,407 99 |$2,807,028 70 $2,983,935' 65 $3,289,733 23

$3,231,912 04

Prpminm account ............................
Ovp.rri ra fts............................................
Expenses, interest and taxes paid,
exceeding parnines.........................
"Ranking ho u se....................................
Fiirnitnrp anri fix tu res.....................
Other real e s ta te ............................. ,
Due from other banks and bankers,
not, reserve cities...........................
Ttems in tr a n s it..................................
United States bonds:
Savings d e p a rtm e n t......... ............
Due from banks in reserve cities:
Oommerrial d e p a rtm e n t...............
Savings d e p a r tm e n t.....................
Exchanges for clearing house:
Commercial d e p artm en t...............
Savings d e p a r tm e n t.....................
U. S. and N ational bank currency:
Commercial departm ent................
Savings d ep artm en t......................
Gold coin:
Commercial d e p artm en t...............
Savings departm ent
.............
Silver coin:
Commercial d ep artm en t...............
Savings departm ent ....................
Nickels and cents:
Commercial d ep artm en t...............
Savings departm ent
...........
Checks and other cash ite m s..........

Liabilities.
Capital stock paid i n .......................
$100,000 00
60,000 00
Surplus fund .......................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
16,751 69
paid ...............................................
Dividends u n p a id ..............................
20 00
Commercial deposits subject to
check ...............................................
541,004 56
Commercial certificates of d ep o sit. .
Certified checks ..............................
1,225 95
Cashier’s checks outstanding..........
537 05
State monies on d ep o sit...................
Due to hanks anri b an k ers...............
Savings deposits................................. 1,775,868 93
81,999 81
Savings certificates of deposit.........
"Reserved for taxes, interest, etc. . .
Notes and hills red isco unted...........
Dills p a y a b le .......................................

$100,000 00
75,000 00

$100,000 00
75,000 00

$100,000 00
85,000 00

$100,000 00
85,000 00

10,125 23

11,819 59

5,224 50
2,000 00

4,427 50
40 00

550,150 14

601,442 70

710,765 67

573,797 43

2,726 50
4,973 92

2,016 14
7,763 32

1,125 56
2,526 92

498 95
4,349 21

1,954,891 15
109,161 76

2,074,063 79
111,830 11

2,283,640 74
99,449 84

2,376,123 16
87,675 79

T o tals........................... ■................ $2,577,407 99 j$2,807,028 70 $2,983,935 65 j$3,289,733 23

$3,231,912 04


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

!

STATE BANKS OF MICHIGAN.

113

No. 47.
T H E D E T R O IT SAVINGS BANK, D ET R O IT.
Organized 1849.

Reorganized Ju ly 18, 1871.

Corporate existence extended June 7, 1901.
D. C. D e l a m a t e r , P r e s id e n t ; C h a r l e s A. D e a n , V ic e P r e s id e n t ; E. C. B o w m a n , A s s i s t a n t to th e P r e s i d e n t ;
C y r u s B o s s , C a s h ie r ; T. F. H a n c o c k , A s s i s t a n t C a s h ie r .
D i r e c t o r s .— George Hendrie, D. C. D elam ater, Charles A. Dean, E. A. Chapoton, Philip H. McMillian,
Sidney T. Miller, S trathearn Hendrie, A rthur M. Parker, John M. Dwyer, Paul F. Bagley.
Resources.

R eport of
R eportjof
R eport of
Report of
Report of
Nov. 16, ’09.. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. S e p t.'l, ’10.

Loans and discounts:
Commercial d ep artm en t............... $1,072,812 81 $1,071,214 00 $1,076,255 60 $1,103,932 78
892,088 00
744,288 00
535,364 38
594,246 82
Savings d ep artm en t.......................
Bonds, m ortgages and securities:
89,500 00
310,497
83
321,892
70
307,079 92
Commercial d e p a rtm e n t...............
Savings d ep artm en t....................... 6,073,694 21 6,123,242 58 6,009,149-39 6,123,717 22
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
B ranch banking h o uses...................
O ther real e s ta te ................................
C ontracts for veal estate sold ..........
Due from other banks and bankers,
Item s in tr a n s it..................................
U nited S tates bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d ep artm en t.......................
Exchanges for clearing house:
Commercial d e p artm en t...............
Savings d ep artm en t.......................
U. S. and National bank currency:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Nickels and cents:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Checks and other cash ite m s ...........

$1,U5,800J95
738,254 22
89,500 00
6,191,322459

2,128 00
278 59

592 42

302 49

919 24

790 75

90,279 26
6,436 53

91,377 23
6,364 53

91,023 23
6,267 28

89,616 23

90,476 50

157,835 80

144,849 01

128,353 58

73,854 14
298,149 87

72,260 78
299,973 91

1,509 62

2,171 58

5,020 63

4,471 50

1,575 00

200,000 00

200,000 00

200,000 00

200,000 00

200,000 00

86,060 30
709,223 34

84,336 12
650,073 34

131,184 90
813,917 60

145,986 91
869,726 39

141,439 87
846,752 91

40,997 38

39,562 05

25,326 82

45,654 59

52,775 71

181,706 00
300,000 00

174,020 00
300,000 00

176,599 00
300,000 00

194,518 00
300,000 00

146,793 00
300,000 00

4,412 50
285,725 00

3,425 00
250,060 00

5,725 00
253,205 00

6,262 50
259,437 50

4,162 50
284,722 50

13,191 30

10,366 85

9,752 65

11,555 20

19,321 65

1,818 82

1,788 31

1,443 78

1,353 15

1,237 71

3,202 Í4

5,310 13

15,941 84

11,354 25

15,404 12

T o ta ls............................................ $10,073,755 90 $10,074,892 67 $10,304,254 62 $10,722,097 47 $10,612,564 97
Liabilities.
Capital stock paid i n .......................
Surplus fu n d ........................................
Undivided profits, less losses, cur­
rent 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.
Certified ch eck s..................................
Cashier’s checks o u tstan d in g ...........

$400,000 00
400,000 00

$400,000 00
400,000 00

$400,000 00
400,000 00

$400,000 00
400,000 00

$400,000 00
400,000 00

286,643 56

291,892 17
150 00

306,673 85
50 00

305,126 00
20,000 00

328,158 21
100 00

851,846
38,993
3,145
3,300

33
62
91
44

787,591
64,762
10,249
1,879

95
13
13
71

784,555
62,450
5,997
4,565

28
13
56
20

861,247
177,398
2,205
4,786

47
67
84
72

837,975
79,896
3,327
28,019

87,866 82
Due to banks and b a n k e rs...............
Savings deposits................................. 7,867,604 68
134,294 54
Savings certificates of deposit.........
Reserved for taxes, interest, e t c . .

79,908
7,917,248
103,592
17,617

29
97
55
77

107,669
8,074,858
104,199
53,235

17
98
29
16

102,620
8,327,734
110,977
10,000

67
59
51
00

115,039 55
8,326,640 43
93,408 11

29
27
46
65

T o ta ls............................................ $10,073,755 90 $10,074,892 67 $10,304,254 62 $10,722,097 47 $10,612,564 97

15


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

STA TE B AN KING D EPA R TM EN T.

114

D E T R O IT TRU ST COMPANY, D ETR O IT.
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 id e n t ; E d w a r d H. B u t l e r , S i d n e y T. M i l l e r , V ic e P r e s i d e n t s ; H o w ­
a r d J. 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 s s i s t a n t T r e a s u r e r ;
C h a s . P. S p i c e r , J o s e p h A. B o w e r , A s s i s t a n t S e c r e ta r ie s ; M c P h e r s o n B r o w n i n g , M g r . B o n d
D e p a r tm e n t ; F r e d W ix s o n , M g r . A u d i t D e p a r tm e n t .
D i r e c t o r s .— Ammi W. W right, Jam es E. Davidson, Frederick E. Driggs, Charles A. Dean, Jam es

N. W right, Elisha H. Flinn, H enry P. Baldwin, Chester G. White, Edwin C. Nichols, George
Peck, Edw ard H. Butler, John H. Avery, Daniel L. Quirk, Jr., Alexander McPherson, Sidney
T. Miller, F ran k W. Gilchrist, F rank W. Eddy, Lucius Lilley, E dw ard D. Stair, B enton H anchett,
Jam es E. Danaher, Samuel T. Douglas, A rthur H. Buhl, W alter Scotten, Alex. I. Lewis, Oren
S. Hawes.
Report of
R eport of
R eport of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

Resources.

Collateral Loans.

T im e .......... ..

$1,713,217 33 $2,428,808 90 $2,500,563 85 $2,446,533 44

$2,067,724 44

D em an d ............
Loans on real estate mortgages:
In office........................................

193,162 98

381,066 29

323,076 52

299,605 90

335,403 25

279,494 81

273,350 86

323,801 42

475,506 77

556,954 91

W ith State T re a su re r...............

178,050 00

178,050 00

168,050 00

189,550 00

194,550 00

In office.............. ................

1,108,075 70

1,019,546 08

1,251,154 73

1,323,670 88

1,461,722 14

W ith State T re a su re r. . . .

30,000 00

30,000 00

40,000 00

15,000 00

15,000 00

A dvances to T ru s ts ....................... . .

19,702 48

15,204 51

15,295 39

103,865 03

29,416 08

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

1,699 00

1,699 00

1,699 00

1,638 00

1,638 00

Due from approved reserve agents. 1,088,230 89

1,264,887 94

O ther lo a n s..........................................
Bonds:

S to c k s...................................................
Real estate ow ned..............................
O ther investm ents . . . •......................

Safety deposit vaults

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

F urniture and fix tu res......................

Due from other banks and bankers.

53,519 48 ■

1,018,786 08

1,159,471 88

1,380,396 88

53,957 26

54,767 92

70,181 02

60,727 03
14,113 41

Cash ite m s ................... ........................

1,275 83

55,498 62

1,033 97

89,435 96

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

3 58

2 09

4 38

3 48

4 05

Silver c o in .............. .............................

24 50

38 20

46 45

22 10

26 60

Gold c o in ..............................................

5,530 00

5,175 00

5,610 00

5,265 00

5,435 00

U.-S. and N ational b ank notes. . . .

7,896 00

8,576 00

8,222 00

8,210 00

7,828 00

T o ta ls........................................... $4,679,882 58 $5,715,860 75 $5,712,111 71 $6,187,959 46

$6,130,939 79

Liabilities.
Capital stock paid i n .......................
Surplus f u n d ........................................
Undivided profits. (Less expenses,
in terest and taxes p a id ) .............

$500,000 00

$500,000 00

$500,000 00

$500,000 00

$500,000 00

500,000 00

500,000 00

500,000 00

500,000 00

500,000 00

660,020 68

640,863 35

661,718 10

652,609 60

679,265 74

15,000 00

Dividends u n p a id ...............................
T rust d ep o sits.....................................

4,015,502 06

4,463,369 15

4,206,438 62

56,980 71

35,235 43

T o ta ls ........................................... $4,679,882 58 $5,715,860 75 $5,712,111 71 $6,187,959 46

$0,130,939 79

2,998,348 87

4,036,616 43

D eb en tu res..........................................
Reserved for div id en ds.....................

5,000 00

5,000 00

10,000 00

Accrued interest and ta x e s ..............

16,513 03

33,380 97

24,891 55

10,000 00

O ther liab ilities...................................


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

200,000 00

115

STATE BANKS OF MICHIGAN.
No. 386.
T H E D ET R O IT U N IT E D BANK, D ET R O IT.

F r a n k B. L e l a n d , P r e s i d e n t ; F r e d M. W a r n e r , V ic e P r e s id e n t ; C h a r l e s B. Cr a m e r , C a s h ie r ;
J a m e s R . B a r k h a m , A s s i s t a n t C a s h ie r .
D i r e c t o r s .— Waldo A. Avery, F red M. W arner, F rank B. Leland, Albert F. Peck, H enry W. S tandart.

Resources.

Loans and discounts:
Commercial d ep artm en t.............
Savings d e p a rtm e n t....................
Bonds, m ortgages and securities:
Commercial d ep artm en t.............
Savings d e p a rtm e n t....................

Report of
R eport of
R eport of
R eport of
Report of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

1,847,819 20

,885,121 25

3,574 72

2,218,913 92

2,251,886 15

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...............'..................
U nited S tates bonds:
Savings d e p a rtm e n t..................

132,374 90

161,541 17

151,854 58

98,392 47

101,786 32

Due from banks in reserve cities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................

273,687 64

418,762 05

291,020 23

258,709 86

180,636 55

533 23

814 59

1,582 14

3,885 06

2,976 16

U. S. and N ational bank currency:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Gold coin:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................

24,409 00

38,726 00

31,018 00

28,782 00

25,101 00

78,667 50

82,930 00

86,440 00

92,762 50

98,322 50

131 65

135 45

103 20

114 05

73 40

96 82

75 94

34 63

53 41

72 06

$2,357,719 94 $2,588,106 45 $2,550 627 50

,701,613 27

,660,854 14

Prem ium a c c o u n t..............................
O v erd rafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
B anking h o u se....................................
F urn itu re and fix tu res......................

Silver coin:
Commercial d ep artm en t.............
Savings d e p a rtm e n t....................
Nickels and cents:
Commercial d ep artm en t.............
Savings d e p a rtm e n t....................
Checks and other cash ite m s.........
Totals.

Liabilities.
$250,000 00
Capital stock paid i n ...................
25,000 00
Surplus fu n d ..................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
21,338 51
p a id ...............................................
Dividends u n p a id ...........................
Commercial deposits subject to
ch eck .......................... ...................
Commercial certificates of deposit
Certified checks..............................
Cashier’s checks o u tsta n d in g .. . .
State monies on d ep o sit...............
Due to banks and b an k ers...........
1,787,277 63
Savings deposits.............................
Savings certificates of deposit. . .
274,103 80
Reserved for taxes, interest, etc.
Notes and bills rediscounted. . ..
Bills p a y a b le ...................................

$250,000 00
40,000 00

$250,000 00
40,000 00

$250,000 00
50,000 00

$250,000 00
50,000 00

4,324 19

18,600 75

3,421 43

9,497 00

1,938 576 33
355,205 93

1,976,028 87
265,997 88

2,126,761 65
271,430 19

2,074,119 96
277,237 18

T o ta ls................ .. , ..................... $2,357,719 94 $2,588,106 45 $2,550,627 50 $2,701,613 27


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

$2,660,854 14

\

116

STA TE BAN KING D EPA R TM EN T.
No. 9.
T H E DIM E SAVINGS BANK, D ET R O IT.
Organized April 5, 1884.
,

W il l ia m L i v i n g s t o n e , P r e s id e n t ; G e o r g e H . B a r b o u r , J. L . H u d s o n , V ic e P r e s id e n t s ; C h a r l e s A
W a r r e n , C a s h ie r ; F. F. T il l o t s o n , L. C. S h e r w o o d , D. S. Ca r n e g i e , C. E. P a r t r id g e , A s s i s t a n t
C a s h ie r s ; G e o r g e T . B r e e n , A u d ito r .
D i r e c t o r s .— William Livingstone, George H. Barbour, J. L. Hudson, Jam es B. McKay, Bethune

Duffield, Marshall H. Godfrey, A. C. Stellwagen, H oratio N. Hovey, John Pridgeom Jr., Hugh
Wallace, R. H. Fyfe, H enry Ford, Chas. A. W arren.
Resources.

R eport of
R eport of
R eport of
R eport of
Report of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, TO. June 30, TO. Sept. 1, TO.

Loans and discounts:
Commercial d ep artm en t............... $2,234,743 84 $2,370,754 67 $2,402,327 94 $2,373,965 59
Savings d ep artm en t....................... 1,030,653 74 1,001,239 29
960,190 84 1,469 309 61
Bonds, mortgages and securities:
Commercial d e p a rtm e n t...............
578,715 82
668,815 82
658,955 82
639,455 82
Savings d ep artm en t....................... 2,883,502 25 2,883,309 05 2,898,394 61 2,764,420 63
Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
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..................................
U nited States bonds:
Savings d ep artm en t.......................

$2,626,108 54
1,336,147 50
475,045 75
2,946,868 51

5,475 26
190 05

5,475 26
3,768 39

4,865 26
144 38

5,575 36
1,242 72

3,920 66
569 49

173,99i 29
5,000 00

186,991 29
5,000 00

186,991 29
5,000 00

299,991 29
5,000 00

299,991 29
5,000 00

179,784 19

181,533 82

148,862 60

113,655 10

110,388 24
42,803 26
28,008 21

39,857 74

33,524 29

46,006 18

46,340 33
80,623 15

524,595 50
598,104 18

395,605 47
541,693 85

304,289 91
754,469 58

328,983 68
546,541 42

172,699 78
771,487 30

144,438 54
22,375 71

129,513 86
19,068 56

100 285 86

290,069 83

104,898 84

115,821 00
77,619 00

118,082 00
72,255 00

14,526 00
179,149 00

122,041 00
185,481 00

200,170 00
120,461 00

11,727 50
163,096 50

18,400 00
163,444 00

175,309 90

240,953 50

181,485 00

4,433 75
3,485 10

9,414 20
5,805 95

11,887 35

15,304 55

15,761 15
60

487 73
387 74
1,112 78

826 84
287 27
1,597 92

1,587 24
45
1,237 27

2,553 21
09
831 45

2,248 90

T o tals............................................ $8,889,699 21 $8,726,306 80 $8,854,541 48 $9,532,339 33

$9,445,146 75

Due from banks in reserve cities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
U. S. and N ational bank currency:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d ep artm en t......................
Silver coin:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Nickels and cents:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Checks and other cash ite m s ...........

Liabilities.
Capital stock paid i n ...............• .'... $500,000 00
Surplus fu n d ........................................
250,000 00
U ndivided profits, less losses, cur­
rent expenses, in terest and taxes
p a id ...................................................
57,678 75
Dividends u n p a id ..............................
222 00
Commercial deposits subject to
Check................................................. 3,136,530 74
Commercial certificates of deposit.
Certified ch eck s...................................
16,283 02
Cashier’s checks o u tstan d in g ...........
8,196 98
State monies on deposit...................
Due to banks and b an k ers...............
190,906 52
Savings deposits................................. 4,392,643 64
Savings certificates of d ep o sit.........
329,832 84
Reserved for taxes, interest, e t c . ..
7,404 72
Notes and bills rediscounted...........
Bills p ay ab le........................................

$500,000 00
250,000 00

$500,000 00
250,000 00

$500,000 00
300,000 00

$500,000 00
300,000 00

76,410 16
352 00

94,456 25
352 00

48,990 51
372 00

2,671,547 41

2,717,476 89

3,003,837 68

69,338 30
314 00
¡tal
2,940,512 53

20,200 77
112,675 55

13,839 73
15,910 32

169,408 12
14,530 07

12,988 61
12,382 90

272,185
4,512,960
300,517
9,456

90
85
51
65

280,797
4,601,580
365,934
14,194

11
22
16
80

259,831
4,916,376
290,329
28,663

55
85
40
15

T o tals............................................ $8,899,699 21 $8,726,306 80 $8,854,541 48 $9,532,339 33


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

1,082 73

242,989
4,990,816
365,632
10,171

49
94
97
01

$9,445,146 75

STATE BANKS OF MICHIGAN.

117

No. 357.
F A IR V IEW SAVINGS BANK, D ETR O IT.
Organized December 20, 1906.
W m . E. M o s s , P r e s id e n t ; Jos. A. B e l a n g e r , P a u l H. D e m i n g , V ic e
W. J. H a y e s , C a s h ie r ; G o r d o n F e a r n l e y , A u d i t o r .

P r e s id e n t s ;

D i r e c t o r s .— Wm. E. Moss, H enry E. Bodm an, F rank A. Kelly, W. J. Hayes, Paul H. Deming,

J. W. Thompson, Joseph A. Belanger, Jam es J. Brady.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds, mortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Prem ium a c c o u n t..............................
O verdrafts............................................
E xpenses, interest and taxes paid
exceeding earnings..........•.............
Banking h o u se....................................
F urniture and fix tu res.....................

R eport of
R eport of
R eport of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$43,685 28

$49,311 76

.

$65,770 11

$75,794 01
......................
22,500 00
6,671 29
169,599 51
192,522 16

$102,460 20

57,045 56
115,441 46

30,000 00
150,071 28

1,330 25
254 19

1,350 25
276 45

1,885 25
539 92

1,885 25
434 23

1,993 25
655 43

3,974 07

3,974 07

3,940 07

3,980 60

4,091 34

16,381 03
14,043 95

34,124 13
10,255 20

24,379 31
19,778 89

66,006 60
21,006 51

60,845 02
44,076 56

238 72

2,203 00

962 11

103 42

11,275 00
8,000 00

8,043 00
6,000 00

8,763 00
9,150 00

9,517 00
7,700 00

29,008 00
3,637 00

220 00
50 00

1,085 00
50 00

812 50

355 00
5,010 00

3,112 50
10,080 00

903 55
200 00

1,427 75
500 00

1,848 84
646 49

2,753 50
648 75

2,789 00
763 00

59 19
16 75
131 25

42 14
17 25
857 65

102 36
50 00
218 33

55 02
55 68
152 89

202 60
37 94
52 50

10,000 00
215,808 07

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 bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Exchanges for clearing house:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
U. S. and National bank currency:
Commercial d ep artm en t...............
Savings d e p a rtm e n t..................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......... ............
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t............. .
Savings d e p a rtm e n t......................
Checks and other cash ite m s...........
T o tals............................................
Liabilities.
Capital stock paid i n .........................
Surplus fu n d ......................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
paid
...............................................
Dividends u n p a id ..............................
Commercial deposits subject to
check .................................................
Commercial certificates of d ep o sit..
Certified ch eck s..................................
Cashier’s checks o u tstan d in g ...........
State monies on deposit...................
Due to banks and b an k ers...............
Savings deposits.................................
Savings certificates of dep o sit........
Reserved for taxes, interest, etc. .
Susre'ise accoui t ........................... . .
Notes and bills rediscounted...........
Bills p ay ab le.......................................
T o tals............................................


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

$273,850 25

$299,588 93,

$329,984 58

$395,510 60

$489,715 83

$20,000 00

$20,000 00

$20,000 00

$20,000 00

$20,000 00

170 45

69 51

914 49

838 71

724 00

114,433 99

112,443 38

104,439 50

144,827 59

189,197 66

1,493 65

182 31

635 00
4,664 49

125 00
2,776 20

325 00
4,566 60

133,762 16
3,990 00

122,278 73
44,615 00

132,866 10
66,465 00

163,055 10
63,888 00

226,314 57
48,088 00
500 00

$273,850 25

$299,588 93

$329,984 58

$395,510 60

$489,715 83

118

STA TE BAN KING D EPA R TM EN T.
No. 5.
T H E GERMAN AMERICAN BANK, D ETR O IT.
Organized F eb ru ary 3, 1883.

C h a r l e s E. K a n t e r , P r e s id e n t ; P h i l i p B r e i t m e y e r , E d w in A. B u r c h , P a u l R. G r a y , V ic e P r e s id e n t s ;
G e o r g e H . K i r c h n e r , C a s h ie r ; E d w a r d Y e n t s c h , A s s i s t a n t C a s h ie r .
D i r e c t o r s .— Charles E. K anter, Philip Breitm eyer, Edwin A. Burch, Paul R. Gray, Geo. H . Kirchner,

Max C. Koch, Chas. D. Aaron, G ustav D arm staetter, Charles W. K otcher.
Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds, m ortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................

R eport of
R eport of
Report of
R eport of
Report of
Nov. 16, ’09. Jan. 31, TO. Mar. 29, TO. June 30, TO. Sept. 1, TO.

$652,129 51
337,617 98

$674,707 91
. 358,581 28

$784,163 78
333,472 05

$893,998 30
365,426 72

$893,383 94
396,958 13

729,977 71

717,379 03

719,913 63

574,244 47
153,134 32

736,535 55

454 08
835 06

454 08
693 71

404 78
3,868 20

394 78
1,394 35

337 28
1,414 42

9,600 00

9,600 00

11,215 02

11,594 29

11,613 67

264 46
60 00

132 24
6,719 10

132 24
289 00

6,634 91
3,895 10

15,385 60

177,941 59
73,271 99

155,809 32
102,597 77

66,399 81
170,686 23

212,704 80
136,061 23

137,441 84
133,679 01

21,708 62

32,740 18

24,005 45

40,618 41

29,031 97

52,780 00
24.000 00

53,404 00
40.000 00

63,847 00
11,000 00

159,596 00
17.000 00

39,816 00
66,892 00

11,230 00
50.000 00

7,732 50
50.000 00

32,910 00
50,000 00

12,342 50
50.000 00

2.979 80
50,000 00

6,641 75
19 00

7,904 00
906 00

8,451 09
869 00

8,898 05
967 00

8,500 90
90

'2,283 96
79
1,502 82

1,743 61

1,035 08
93
4,206 02

723 22
93
5,202 58

2,768 95

2,841 96

T o ta ls............................................ $2,152,319 32 $2,223,946 91 $2,286,869 31 $2,654,831 96

$2,528,719 97

Prem ium a c c o u n t........... ..................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
Banking h o u se....................................
F urniture and fix tu re s.....................
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 bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Exchanges for clearing house:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
U. S. and National bank currency:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Checks and other cash ite m s...........

Liabilities.
Capital stock paid i n .........................
$250,000 00
Surplus fu n d ........................................
50,000 00
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ................................ ...................
12,153 06
Dividends u n p a id ..............................
3,780 00
Commercial deposits subject to
ch eck .................................. ..............
546,227 02
Commercial certificates of d ep o sit. .
Certified ch eck s..................... ~...........
11,401 98
Cashier’s checks o u tstan d in g ...........
29,622 46
State monies on deposit...................
Due to banks and b a n k e rs...............
34,247 33
Savings deposits................................. 1,162,558 07
Savings certificates of deposit.........
52,329 40
Reserved for taxes, interest, e t c . .
Notes and bills redisco unted...........
Bills p ay ab le........................................

'

1.980 01

$250,000 00
50,000 00

$250,000 00
50,000 00

$250,000 00
50,000 00

$250,000 00
50,000 00

13,561 62
30 00

16,901 29
3,750 00

12,344 00
3,429 00

16,164 58
3,751 50

598,674 32

643,623 59

940,491 18

771,293 48

3,913 74
2,710 87

2,152 17
1,099 52

12,559 39
4,011 50

8,969 29
17,463 63

35,592 06
1,218,406 43
51,057 87

33,400 90
1,240,557 22
45,384 62

15,162 22
1,330,619 23
36,215 44

27,011 90
1,351,573 15
32,492 44

T o ta ls................................... -.. . . $2,152,319 32 ;$2,223,946 91 $2,286,869 31 $2,654,831 96

$2,528,719 97


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

119

STATE BANKS OF MICHIGAN.
*

No. 90.
T H E HOME SAVINGS BANK, D ET R O IT.
Organized December 11, 1888.

J u l iu s H . H a a s s , P r e s id e n t ; E d w in J . E

c k e r t , C a s h ie r ;

A r t h u r E . L o c h , A s s i s t a n t. C a s h ie r .

D i r e c t o r s .— Julius H. Haass, Jam es C. McGregor, L eartus Connor, F red Guenther, Ralph Phelps, Jr.,
Geo. H . Clippert, Orla B. Taylor, E m ory W. Clark.

Resources.

R eport of
Report of
R eport of
R eport of
R eport of
Nov. 16, '09. Jan. 31, '10. Mar. 29, '10. June 30, '10. Sept. 1, '10.

Loans and discounts:
Commercial d ep artm en t............. $1,802,160 51 $1,765,152 03 .1,949,238 17 52,014,668 95
1,347,559 06 1,437,993 93 1,577,639 13 1,761,594 00
Savings d e p a rtm e n t....................
B onds, mortgages and securities:
Commercial d ep artm en t.............
3,246,395 29 3,264,668 68 3,215,341 37 3,465,215 95
Savings d e p a rtm e n t....................
Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid
exceeding earnings.........................
B anking house (b ran ches)...............
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 bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t.............
Savings d e p a rtm e n t....................
Exchanges for clearing house:
Commercial d ep artm en t.............
Savings d e p a rtm e n t....................
U. S. and N ational bank currency
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d e p a rtm e n t...
Savings d e p a rtm e n t............
Nickels and cents:
Commercial d ep artm en t. . .
Savings d e p a rtm e n t...........
Checks and other cash ite m s.
Totals.


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

3,526,313 07

629 88

1,465 05

243 23

625 50

544 06

,000 00

1,000 00

48,000 00

1,000 00

48,000 00

22,548 00

23,048 00

18,723 00

18,723 00

18,283 00

10,404 89

62,756 28

30,899 01

30,135 59

202,718 29
592,583 16

142,011 32
670,125 30

165,147 38
701,595 54

336,579 92
580,405 94

272,418 23
745,162 43

49,451 93

53,150 79

51,107 29

65,718 41

57,392 32

120,824 00
130,968 00

127,179 00
157,085 00

115,893 00
184,535 00

135,256 00
174,471 00

121,805 00
143,890 00

154,762 50

142,027 50

155,940 00

169,220 00

171,290 00

5,729 25

8,867 25

5,707 50

7,716 25

10,085 00

569 85

456 82

239 95

451 76

216 59

206 28

16198

251 58

2,334 80

Ì2Ò 86

,735,510 89

,904,148 93

,220 501 15

,811,117 07

,859,060 50

$400,000 00
400,000 00

$400,000 00
400,000 00

$400,000 00
400,000 00

$400,000 00
400,000 00

27,595 98

35,264 62

60,171 19

62,223 08

1,302,219 04
35,348 32
12,240 72

1,396,138 05
39,012 71
12,861 70

1,604,145 03
51,374 35
21,883 19

1,481,815 45
26,630 95
6,657 15

91,631 47
5,324,179 81
310,933 59

102,173 03
5,560,995 87
274,055 17

122,636 42
5,863,268 18
287,638 71

147,849 42
6,059,122 74
274,761 71

$7,735,510 89 $7,904,148 93

,220,501 15

,811,117 07

3,859,060 50

Liabilities.
$400,000 00
Capital stock paid i n ...................
350,000 00
Surplus fu n d ................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
59,588 25
p a id .............................................
Dividends u n p a id ................
Commercial deposits subject to
1,333,756 42
ch eck ..........................................
14,172 93
Commercial certificates of dep o sit..
55,424 79
Certified ch eck s..............................
Cashier’s checks o u tstan d in g . . . .
State monies on d eposit...............
97,870 18
Due to banks and b a n k e rs...........
5,178,288 77
Savings d eposits.............................
246,409 55
Savings certificates of deposit. . .
Reserved for taxes, interest, etc
Notes and bills rediscounted , . . .
Bills p ay ab le....................................
Totals.

$1,980,906 99
1,747,723 95

14,S!)7 00

120

STA TE BAN KING D EPA R TM EN T.
No. 81.
MICHIGAN SAVINGS BANK, D ETR O IT.
Organized F ebruary 19, 1877.
Corporate existence extended F eb ru ary 19, 1877.

G e o r g e P e c k , P r e s id e n t ; C h a s . C. J e n k s , J a s . D. S t a n d i s h , J a s . S. H o l d e n , V ic e P r e s id e n t s ;
G e o r g e W i l e y , C a s h ie r ;
H u g h R . B u r n s , A s s i s t a n t C a s h ie r .
T r u s t e e s .— C. M. B urton, Geo. Peck, D exter M. Ferry, Jr., Chas. C. Jenks, H oyt Post, Jas. D. Standish,

Geo. Wiley, J. S. Holden, Lem W. Bowen, J. B. Ford, W. J. Gray, Jas. Inglis, M. J. Murphy,
Thos. Neal, John T. Shaw, C. G. Edgar, Jas. H. Flinn, J. A. Mercier, A. A. Albrecht.
Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t................,. ..
Bonds, mortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Prem ium a c c o u n t........... ...................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
Banking house....................................
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 States bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Exchanges for clearing house:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................

R eport of
R eport of
R eport of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, ’ 10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$921,552 53 $L 181,051 63 $1,148,528 22 $1,204,873 84
390,759 14
139,871 10
241,436 10
335,537 23

$1,278,958 79
500,094 23

1,474,747 75

29,000 00
1,482,058 75

39,000 00
1,502,621 65

44,500 00
1,536,555 70

153,500 00
1,470,360 40

66 09

546 03

290 35

460 09

1,578 95

35,009 85
7,543 00

33,500 00
7,093 00

33,765 66
7,443 00

33,500 00
6,843 00

33,911 49
6,543 00

3,520 70 ‘

3,000 00

89,357 56
180,000 00

121,001 35
180,000 00

259,629 50
190,000 00

218,971 36
210,000 00

104,419 11
230,000 00

51,125 05

80,665 64

64,492 51

83,069 07

77,712 00

70,798 00
45.000 00

68,436 00
45.000 00

102,677 00
50.000 00

107,088 00
45.000 00

51,022 00
63.000 00

6,317 50
45.000 00

5,155 00
50.000 00

8,155 00
50.000 00

6,257 50
50.000 00

2,390 00
55.000 00

7,040 41

5,966 71

7,369 09

5,946 50
3,000 00

9,051 55

391 47
688 79
11,376 43

1,020 62
548 99
11,293 67

T o tals............................................ $3,331,783 51 $3,438,625 94 $3,707,810 95 $3,904,058 98

$4,050,404 80

U. S. and National bank currency:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Checks and other cash ite m s...........

761 24

705 50

710 53

3,184 69

5,575 23

1,692 34

Liabilities.
Capital stock paid i n .........................
$250,000 00
Surplus fu n d ......................................
125,000 00
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................
58,696 95
Dividends u n p a id ..............................
Commercial deposits subject to
ch eck ................................................. 1,087,854 54
Commercial certificates of deposit..
2,743 34
Certified ch eck s..................................
7,947 29
Cashier’s checks o u tstan d in g ...........
3,575 05
State monies on deposit...................
Due to banks and b an k ers...............
17,443 07
Savings deposits................................. 1,640,472 43
Savings certificates of dep o sit........
138,050 84
Reserved for taxes, interest, e t c . .
Notes and bills rediscounted..........
Bills p ay ab le........................................

$250,000 00
125,000 00

$250,000 00
125,000 00

$250,000 00
125,000 00

$250,000 00
125,000 00

55,753 43

67,919 04

68,158 03
5,625 00

73,021 22

1,082,413
7,152
3,896
„ 4,452

71
37
47
17

18,047 81
1,760,360 19
131,549 79

1,182,539
4,712
6,492
1,956

37 -1,213,136 27
37
4,992 25
01
12,844 52
89
24,741 05

20,383 81
1,897,429 15
151,378 31

1,244,801
14,061
10,835
7,267

13
04
78
50

18,780 14
2,042,415 54
138,366 18

6,414 51
2,122,388 47
196,615 15

T o ta ls............................................ $3,331,783 51 $3,438,625 94 $3,707,810 95 $3,904,058 98

$4,050,404 80


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

STATE BANKS OF MICHIGAN.

121

No. 15.
PEN IN SU LA R SAVINGS BANK, D ETR O IT.
Organized A ugust 27, 1887.
J. H . J o h n s o n ,

P r e s id e n t ; H a m il t o n C a r h a r t t , F r a n k P . B y r n e , V ic e P r e s id e n t s ; W. F . H o p k i n s ,
C a s h ie r ; H. H. E l l e r t o n , H. M o x o n , W. G. T o e p e l , A s s i s t a n t C a s h ie r s .

D i r e c t o r s .— F rank P. Byrne, H am ilton C arhartt, F rank Howard, S. W. Clarkson, J. H. Johnson,

George H. Lesher, D. A. MacLachlan, John C. Donnelly, David S tott, H enry A. Haigh, E. O.
K rentler, Jam es T. W hitehead, F rank W. H ubbard, W. F. Hopkins.
R eport of
R eport of
R eport of
Report of
Report of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

Loans and discounts:
Commercial d ep artm en t............... $2,769,177 06 $2,673,822 70 $2,671,799 46 $2,425,073 IS
Savings d ep artm en t......................
427,041 25
596,517 05
700,861 20
907,648 81
Bonds, mortgages and securities:
311,375 00
249,205 00
145,500 00
Commercial d e p a rtm e n t...............
240,000 00
Savings d ep artm en t....................... 2,442,580 48 2,456,696 56 2,505,271 27 2,449,393 89
Prem ium acco u n t.............. ................
O verdrafts.......... ..................................
Expenses, interest and taxes paid,
exceeding earnings.........................
Banking h ouse....................................
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 States bonds:
Savings d e p a rtm e n t......................

$2,727,714 06
859,331 63
461,925 00
2,466,719 09

476 22

2,221 74

2,383 74

759 66

4,213 19

175,000 00
10,000 00

175,000 00
15,000 00

175,000 00
15,000 00

175,000 00
13,000 00

175,000 00
13,000 00

43,074 43

42,127 84

107,050 08

101,773 54

102,978 93

30,586 47
156,512 71

43,420 33
177,687 57

45,986 58
210,020 92

24,960 27
198,249 36

24,490 52
191,099 19

437,750 40
252,833 90

441,285 41
323,273 18

417,805 17
342,205 45

450,906 98
313,847 61

605,781 21
445,902 62

184,703 87
13,571 40

116,664 50
22,497 18

69,708 29
9,587 69

206,322 55
10,176 06

72,874 39
11,317 65

219,386 00
200,057 00

300,037 00
179,882 00

262,321 00
234,585 00

341,681 00
222,606 00

270,043 00
217,737 00

63,830 00
21,590 00

52,377 50
26,545 00

26,460 00
24,415 00

109,940 00
28,735 00

102,857 50
39,012 50

7,438 00
5,797 45

15,560 00
5,500 50

12,500 00
6,380 25

24,447 00
6,296 20

15,627 00
6,520 40

1,329 17
1,213 50
17,783 46

1,403 16
931 07
22,580 95

1,282 39
1,119 31
9,406 81

1,544 43
1,395 56
57,034 34

4,367 51
2,102 76
19,058 18

T o tals............................................ $7,793,107 77 $7,940,236 24 $7,996,649 61 $8,310,791 44

$8,839,673 33

Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d ep artm en t.......................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
U. S. and N ational bank currency:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Savings d ep artm en t.......................
Nickels and cents:
Commercial d e p artm en t...............
Savings d ep artm en t.......................
Checks and other cash ite m s...........

Liabilities.
Capital stock paid i n .......................
$500,000 00
200,000 00
Surplus fu n d ........................................
Undivided profits, less losses, current expenses, interest and taxes
27,508 89
p a id ...................................................
300 00
Dividends u n p a id ..............................
Commercial deposits subject to
ch eck ................................................. 2,501,297 93
Commercial certificates of deposit.
73,685 57
10,601 34
Certified ch eck s..................................
Cashier’s checks o u tstan d in g ...........
State monies on d ep o sit...................
Due to banks and b an k ers............... 1,056,761 47
Savings deposits......................./ . . . • 3,206,100 12
216,852 45
Savings certificates of dep o sit.........
Reserved for taxes, interest, e t c . .
Notes and bills rediscounted...........
Bills p a y a b le .......................................

$500,000 00
200,000 00

$500,000 00
200,000 00

$500,000 00
200,000 00

$500,000 00
200,000 00

54,326 48
52 00

65,249 16

89,129 17
9,056 00

70,540 95
10 00

2,255,050 03
68,255 33
16,891 20

1,995,127 21
68,354 60
25,569 29

2,274,904 70
71,957 85
14,773 93

2,822,035 31
74,084 30
17,507 60

1,217,441 60
3,380,329 61
247,889 99

1,313,856 44
3,539,567 79
288,925 12

1,160,147 83
3,701,390 39
289,431 57

1,102,843 71
3,759,902 42
292,749 04

T o tals............................................ $7,793,107 77 $7,940,236 24 $7,996,649 61 $8,310,791 44

$8,839,673 33

16

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

122

STA TE BAN KING D EPA R TM EN T.
No. 356.
T H E P E O P L E ’S STATE BANK, D ET R O IT.
Organized Jan u ary 4, 1907.

G e o r g e H. R u s s e l , P r e s id e n t ; M. W. O ’B r i e n , V ic e P r e s i d e n t a n d C h a ir m a n o f B o a r d ; G e o r g e E.
L a w s o n , R. S. M a s o n , F. A. S c h u l t e , V ic e P r e s id e n t s ; A u s t i n E. W i n g , C a s h ie r ; H. P. B o r g m a n ,
C a s h ie r S a v in g s D e p a r tm e n t ; R. W . S m y l i e , M a n a g e r C r e d its a n d A u d i t s ; C h a r l e s H. A y e r s , J. R.
B o d d e , E n o c h S m i t h , R. T. Cu d m o r e , A s s i s t a n t C a s h ie r s ; G e o r g e T. C o u r t n e y , A u d ito r .
D i r e c t o r s .— Russell A. Alger, George H. Barbour, W . T. Barbour, H. M. Campbell, C. A. DuCharme,

Jerem iah Dwyer, F. J. Hecker, Geo. E. Lawson, H. B. Ledyard, P. H. McMillan, R. S. Mason, Fred
T. Moran, M. J. M urphy, M. W . O’Brien, J. C. H utchins, F red W . Hodges, W . Howie Muir, Geo. H
Russel, H enry Russel, Hugo Scherer, F. A. Schulte, B. S. Colburn, Angus Smith.
Resources.

Loans and discounts:
Commercial d ep artm en t...........
Savings d ep artm en t..................
Bonds, m ortgages and securities:
Commercial d e p a rtm e n t...........
Savings d ep artm en t...................
Prem ium acco u n t............ ..
O verdrafts.................................
Expenses, interest and taxes paid,
exceeding earnings.........................
B anking 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 bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...........
Savings d ep artm en t...................
Exchanges for clearing house:
Commercial d e p a rtm e n t...........
Savings d ep artm en t...................
U. S. and National bank currency:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d e p a rtm e n t. .
Savings d ep artm en t..........
Nickels and cents:
Commercial d e p a rtm e n t..
Savings d ep artm en t..........
Checks and other cash item s
Totals

R eport of
R eport of
Report of
R eport of
Report of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, '10. June 30, ’10. Sept. 1, ’10.

$9,606,635 34 $10,120,874 47 $10,710,800 11 $10,574,239 14 $10,998,703 11
2,667,651 30 2,911,095 64 3,202,496 90 3,718,917 95
4,021,735 41
1,403,247 85
8,940,858 08

1,454,544 85
9,611,019 45

1,277,280 15
9,652,761 07

1,328,407 16
9,613,712 74

1,289,304 96
9,723,572 53

5,224 79

3,129 45

5,558 45

8,992 19

7,922 05

714,017 15
30,806 00

723,930 15
39,703 13

723,930 15
39,703 13

731,219 15
39,703 13

740,510 22 .
39,703 13

235,351 95

273,039 22

247,023 81

214,226 71

196,195 27

18,364 07
387,877 17

17,682 06
310,376 64

18,366 74
621,228 63

9,338 51
589,949 81

36,943 91
615,440 82

$2,380,604 28
1,405,733 08

1,713,038 42
1,528,324 99

1,954,579 40
1,531,627 58

2,023,465 65
1,510,257 91

1,597,572 15
1,_526,974 88

311,133 56

433,648 03

271,107 23

542,221 10

389,961 51

635,423 00
200,000 00

264,109 00
500,000 00

546,103 00
400,000 00

336,011 00

10,985 92
708,367 73

102,115 01
648,050 71

73,272 63
431,635 44

68,657 95
502,605 89

86,125 58
529,890 26

126,777 31

137,550 59

153,088 58

130,024 22

139,485 04
400,000 00

5,049 38

7,320 12

8,971 79

14443'Ì5

20,686 18

9,319 35

662,892 00

6,204 85

$29,641,675 53 $30,900,701 00 $31,697,761 53 $32,580,048 51 $32,694,342 97

Liabilities.
Capital stock paid i n ....................... $1,500,000
Surplus fu n d ........................................ 1,500,000
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................
296,924
Dividends u n p a id ...............................
Commercial deposits subject to
ch eck ................................................. 8,294,469
Commercial certificates of deposit.
2,691
Certified ch eck s..................................
20,203
Cashier’s checks o u tstan d in g ...........
138,425
S tate monies on d ep o sit...................
41,984
Due to banks and b a n k e rs............... 3,876,472
Savings deposits................................. 12,809,763
Savings certificates of d ep o sit........ 1,148,198
Reserved for taxes, interest, e tc ..
12,541
Notes and bills red isco unted...........
Bills p a y a b le .
Totals.


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

6,915 01

Ì8;943 ÌÓ........30'¿IO ¡8

00 $1,500,000 00 $1,500,000 00 $1,500,000 00
00 1,500,000 00 1,500,000 00 1,500,000 00
51

302,967.82
80 00

313,829 12
27,345 00

338,526 84
37,450 00

49 7,877,268 48 7,728,825 45 8,863,961 08
37
2,691 37
2,691 37
2,691 37
16
35,048 24
179,301 56
32,529 91
73
126,618 50
145,387 14
131,959 79
59
214,759 80
103,435 55
313,660 69
84 4,124,671 34 4,606,336 10 3,861,509 91
41 14,059,201 38 14,458,742 66 14,834,360 83
73 1,144,828 63 1,106,802 14 1,125,360 37
70
12,565 44
25,065 44
38,037 72

$1,500,000 00
1,500,000 00
362,755 99
8,550,779
2,539
123,183
202,526
157,016
4,087,698
15,012,083
1,190,089
5,669

72
87
39
52
76
08
45
63
56

9,641,675 53 $30,900,701 00 $31,697,761 53 $32,580,048 51 $32,694,342 97

STATE BANKS OF MICHIGAN.

123

SECURITY TRUST COMPANY, DETROIT.
Organized May 1, 1906.
C h a r l e s C. J e n k s , P r e s id e n t ; L e m W . B q w e n , E m o r y W . C l a r k , C h a r l e s O. P a t c h , V ic e P r e s i d e n t s ;
C h a r l e s M o o r e , S e c r e t a r y a n d T r e a s u r e r ; A l b e r t E . G r e e n , A s s i s t a n t S e c r e ta r y .
D i r e c t o r s .— M. J. Murphy, E m ory W. Clark, Lem W. Bowen, George E. Lawson, John T. Shaw,

John N. Bagley, Jam es D. Standish, J. H. Johnson, William J. Gray, D exter M. Ferry, Jr., Russell
A. Alger, J. B. Ford, William Livingstone, John M. Dwyer, Jam es S. Holden, Charles C. Jenks,
H enry M. Butzel, Charles Moore, Charles O. Patch.
Report of
R eport of
R eport of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

Resources.

Collateral Loans.

T im e................... $1,031,413 16 $1,400,873 52 $1,269,813 65 $1,110,789 40

$1,195,883 82

D e m a n d ...........
Loans on real estate mortgages:
In office........................................

83,300 00

131,205 98

106,705 98

184,555 98

188,055 98

92,150 00

78,480 15

165,654 32

147,544 32

' 203,845 43

W ith State T re a su re r...............

119,000 00

46,000 00

46,000 00

70,500 00

69,000 00

O ther loans

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

In office........................ , . . .

1,051,248 55

970,846 17

1,250,924 01

1,053,748 46

1,038,428 32

W ith State T re a su re r...........

82,000 00

155,000 00

155,000 00

131,000 00

131,000 00

S to ck s...................................................

104 00

104 00

104 00

104 00

104 00

Advances to T ru s ts ...........................

59,684 01

61,473 14

2,578 44

4,017 74

6,638 42

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

12,728 04

16,387 73

34,558 26

19,770 29

14,214 63

27,722 75

27,722 75

24,722 75

24,722 75

470,674 28 . 424,583 06

511,709 57

280,908 06

Bonds:

Real estate ow ned..............................
O ther in v estm en ts.............................

Safety deposit v a u lts ........................
F urn itu re and fixtures (vaults). . . .

29,742 42

Due from approved reserve agents.

154,113 08

Item s in tr a n s it..................................

10,665 94

30,214 49

3,150 00

79,220 20

2,368 75

Checks for clearing h o u se................

197 50

50,850 50

4,917 78

13,969 50

4,323 27

Cash item s .........................................

100 00

155 50

35 00

155 00

Due from other banks and bankers

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

6 10

3 16

1 18

4 18

2 47

Silver c o in ............................................

51 25

15 00

8 60

88 40

20 15

Gold c o in ..............................................

5,095 00

5,045 00

5,055 00

5,375 00

5,060 00

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

5,428 00

4,131 00

2,932 00

5,090 00

4,082 00

T o ta ls........................................... 82,737,027 05 $3,449,182 37 $3,499,744 03 $3,362,364 79

$3,168,658 05

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

$500,000 00

$500,000 00

$500,000 00

$500,000 00

$500,000 00

500,000 00

500,000 00

500,000 00

500,000 00

500,000 00

170,510 77

185,803 37

220,783 72

221,869 37

223,430 91

T rust d ep o sits..................................... 1,563,566 97

2,257,758 88

2,256,819 92

2,109,057 24

1,923,493 13

5,620 12

22,140 39

31,438 18

21,734 01

T o ta ls........................................... $2,737,027 05 $3,449,182 37 $3,499,744 03 $3,362,364 79

$3,168,658 05

Surplus f u n d ........................................
Undivided profits, (less expenses
interest and taxes p a i d ) .............
Dividends unpaid

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

D ebentures ........................................
Reserve for ta x e s ...............................
Other lia.hiljt.ies


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

2,949 31

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

STA TE BAN KING D EPA R TM EN T.

124

UNION TRU ST COMPANY, D ETR O IT.
Organized N ovember 24, 1890.
H e n r y B . L e d y a r d , C h a ir m a n ; F r a n k W . B l a i r , P r e s id e n t ; G e o r g e H e n d r i e , F i r s t V ic e P r e s id e n t ;
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 ; B. S. C o l b u r n , T h ir d V ic e P r e s id e n t ; G e r a l d J. M c M e c h a n ,
S e c r e t a r y ; Ch a r l e s R. D u n n , T r e a s u r e r , A l e x a n d e r C. L o n g , A s s i s t a n t S e c r e t a r y ; H o b a r t B.
H o y t , T r u s t O fficer; W. T. B r a d f o r d , B o n d O fix e r .
D i r e c t o r s .—H enry B. Ledyard, D. C. W hitney, A. E. F. White, Charles Stinchfield, Charles A. Du-

Charme, H enry Russel, Elliott T. Slocum, F. J. Hecker, H arry A. Conant, H erbert E. Boynton,
Philin H. McMillan, Charles L. Palm s, George Hendrie, Albert L. Stephens, Paul F. Bagley, Burnham
S. Colburn, George B. Remick, F rank W. Blair, George M. Black, Allen F. Edwards, George H.
Russel, Gerald J. McMechan, J. C. H utchins.
Resources.

Collateral loans:

In office........ ..

Time. W ith Collateral Deposit
Co...................................................

Report of
R eport of
R eport of
Report of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$752,827 47

$824,537 84

$896,177 73

$849,554 15

530,000 00

$1,347,449 23

525,000 00

525,000 00

175,000 00

145,000 00

D em an d ............................................
Loans on real estate m ortgages:
In office........................................

89,606 87

79,533 17

73,735 86

69,892 28

173,462 47

247,103 29

225,344 77

198,578 47

386,030 15

370,756 29

W ith Collateral Deposit Co..

196,970 48

189,132 67

195,241 34

191,814 34

168,522 79

W ith State T reasu rer...............

206,453 69

203,489 69

218,034 69

208,848 69

222,578 29

606,501 78

473,530 50

781,212 17

824,830 05

800,871 55

711,559 70

682,184 70

316,599 00

316,598 00

328,925 00

20,019 59

11,932 21

14,933 84

14,798 84

7,990 22

442,631 84

379,096 06

377,900 64

168,149 83

164,808 67

O ther loans
Bonds:

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

In office...............................
W ith State T reasu rer...........

S to ck s...................................................
Real estate ow ned..............................
O ther in v estm en ts.............................
Accounts receiv ab le........................

2,149 08

2,517 95

857 14

9,975 36

18,056 40

Advance to T ru s ts .............................

71,721 84

63,824 20

111,650 86

120,856 37

137,429 14

Prem ium s p a id ...................................
Safety deposit v a u lts ........................
F urniture and fix tu res......................

7,700 00

7,760 48

7,772 48

8,250 00

9,267 10

Due from approved reserve a g e n ts.

443,439 20

183,976 25

260,023 12

531,919 94

289,593 67

Due from other banks and bankers.

5,000 00

6,724 32

4,200 00

3,769 02

4,000 00

Cash ite m s ...........................................

1,098 88

2,112 54

708 47

2,848 37

407 29

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

9 41

2 94

7 19

6 87

4 04

Silver c o in ............................................

94 80

60 70

63 70

216 60

126 20

Gold c o in ..............................................

255 00

165 00

315 00

527 50

495 00

U. S. and N ational bank notes. . . .

5,816 00

5,363 00

8,326 00

10,586 00

3,786 00

T o ta ls.................... ....................... $4,340,958 92 $3,866,288 99 $3,991,337 70 $3,894,472 36

$4,193,529 35

Liabilities.
$500,000 00
Capital stock paid i n .......................
300,000 00
Surplus f u n d ........................................
Undivided profits, (less expenses,
86,657 16
interest and taxes p a id ) .............
Dividends u n p a id ...............................
T rust d ep o sits..................................... 2,745,179 10
525,000 00
D eb en tu res..........................................
169,100 00
F irst m ortgage tru st gold b o n d s. .
O ther liabilities ................................
15,022 66

$500,000 00
300,000 00

$500,000 00
300,000 00

$500,000 00
300,000 00

88,215 96

94,481 49

2,669,456 40
170,500 00
166,300 00

2,988,947 86
144,500 00
165,600 00

T o ta ls............................................ $4,340,958 92 $3,866,288 99 $3,991,337 70 $3,894,472 36

$4,193,529 35


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

78,934 28
2,279,641
520,000
168,300
19,413

40
00
00
31

87,370 18

$500,000 00
300,000 00

2,402,162
514,500
168,100
19,205

35
00
00
17

STATE BANKS OF MICHIGAN.

125

* No. 161.
*THE U N IT E D STATES SAVINGS BANK, D ETR O IT.
Organized May 18, 1893.
G e o . A n d e r s o n ”, P r e s id e n t ; H e n r y C o w i e , V ic e P r e s id e n t ; E n o c h S m i t h , C a s h ie r ;
W m . A. S a n d 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 .— Geo. Anderson, Jam es B. Book, Jam es H. McDonald, H enry Cowie, Frederick W. Hodges,

Francis E. Brossy, Enoch Smith, E dw ard M. M ancourt.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds, mortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
B anking 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 bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d ep artm en t......................
Exchanges for clearing house:
Commercial d e p artm en t...............
Savings d ep artm ent.......................
U. S. and N ational b ank currency:
Commercial d ep artm en t...............
Savings d ep artm ent.......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Checks and other cash ite m s...........

R eport of
R eport of
R eport of
R eport of
R eport of
Nov. 16, ’09 Jan. 31, ’10 Mar. 29, ’10 June 30, ’10. Sept. 1, ’10.

$295,139 41
221,770 00
661,065 56

*

343 92
9,913 00
9,647 13
27,181 45
306 58
2,391 42

33,511 81
129,000 00
16,827 01
4,000 00
9,210 00
32,000 00
15,802 50
3,602 60
832 47
350 43

T o tals............................................ $1,472,895 89
Liabilities.
Capital stock paid i n .......................
Surplus fu n d ......................................
Undivided profits, less losses, cur­
rent 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..
Certified ch eck s..................................
Cashier’s checks o u tstanding..........
State monies on d ep o sit...................
Due to banks and b an k ers...............
Savings deposits.................................
Savings certificates of deposit.........
Reserved for taxes, interest, e t c . ..
Notes and bills rediscounted...........
Bills p a y a b le .......................................

'
$150,000 00
30,000 00
25,080 18
283,722 54
4,348 67
2,758 01
907,711 04
69,275 45

T o tals............................................ $1,472,895 89
♦Consolidated w ith The P eople’s S tate Bank, D etroit.


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

STA TE B AN KING D EPA R TM EN T.

126

No. 6.
T H E W AYNE COUNTY SAVINGS BANK, D ETR O IT.
Organized Septem ber 18, 1871.
Corporate existence extended June 27, 1901.
C h a b l e s F. C o l l i n s , P r e s id e n t ; W m . S. G r e e n , F r a n k H. Cr o u l , V ic e P r e s id e n t s ; E d w a r d H. C o l l in s
S e c r e ta r y a n d T r e a s u r e r ; T h e o . F. A. Osius, J o s e p h T. C o l l i n s , A s s i s t a n t S e c r e ta r ie s a n d T r e a s u r e r s .
D i r e c t o r s .— D. M. Ferry, Jr., Wm. S. Green, E. H. Flinn, H. Kirke W hite, Wm. V. Moore, J. B. Book,

A. L. Stephens, F rank H. Croul, F. W. Eddy, S. Y. Seyburn, Chas. F. Collins.
Resources.

R eport of
Report of
R eport of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, TO. Sept. 1, TO.

Loans and discounts:
f!nmmprr.iii,l d ep artm en t...............
Savings d ep artm en t...................... $2,532,647 92 $2,559,403 71 $2,863,608 79 $3,249,283 94
Bonds, mortgages and securities:
Commercial departm ent,...............
Savings d ep artm en t.............. . . . . 8,546,101 98 8,726,737 70 8,782,911 57 8,733,462 09

$3,525,417 88

Prem ium account on U. S. b o n d s..
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding e a r n in g s .......................
P an king h o u se....................................
F u rn itu re and fixtures .................
Other real e s ta te ................................
Due from other banks and bankers,
not reserve e.ities............................
Tt.ems in tr a n s it..................................
U nited S tates bonds:
Savings d e p a rtm e n t......................

8,800,751 77

40,000 00

35,000 00

35,000 00

30,000 00

30,000 00

125,000 00

125,000 00

125,000 00

125,000 00

125,000 00

43,134 04

43,581 98

43,625 95

42,755 94

13,380 09
60 00

50 00

37 10

37 10

225,000 00

225,000 00

225,000 00

225,000 00

225,000 00

Due from banks in reserve cities:
Commercial d ep artm en t...............
Sa.vings departm ent ...................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................

1,992,416 76

1,956,423 75

2,065,849 37

1,945,493 94

1,699,883 76

17,152 91

31,853 30

9,113 48

42,111 39

20,356 24

U. S. and National bank currency:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................

214,621 00

220,085 00

238,333 00

245,239 00

225,760 00

355,375 00

359,450 00

361,945 00

356,310 00

356,285 00

17,691 35

13,371 65

l i , 593 60

8,502 35

6,541 75

2,375 83
67 10

1,594 71
10,111 25

1,437 55

1,240 23
15 00

1,138 24
15 00

Silver coin:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Nickels and cents:
Commercial d e p a rtm e n t...............
Savings departm ent,.......................
Checks a,nd other o.a,sh ite m s...........

T o tals............................................ $14,111,693 89 $14,307,650 15 $14,763,455 41 $15,004,413 88 $15,029,589 73
Liabilities.
Capital stock paid i n .......................
$400,000 00
$400,000 00 $1,000,000 00 $1,000,000 00
Surplus fu n d ........................................ 1,000,000 00 1,000,000 00 1,000,000 00 1,000,000 00
Undivided profits, less losses, cur­
rent expenses, interest and taxes
paid
...............................................
393,705 45
396,380 31
136,684 77
131,781 24
Dividends nnpa.id..............................
Commercial deposits subject to
check .................................................
Commercial certificates of deposit.
Certified ch eck s..................................
Cashier’s checks o u tstan d in g ...........
State monies on d ep o sit...................
Due to banks a,nd b a n k e rs...............
Savings deposits........................... ...... 11,532,254 51 11,741,076 31 11,861,180 68 12,102,358 01
737,514 63
776,069 37
758,717 14
751,505 79
Savings certificates of deposit.........
9,664 56
32,760 00
11,476 39
14,084 17
Reserved for taxes, interest, S tc ..
Notes and bills rediscounted...........
Pills p a y a b le .......................................

$1,000,000 00
1,000,000 00
195,468 25

12,106,072 08
722,966 97
5,082 43

T o ta ls............................................ $14,111,693 89 $14,307,650 15 $14,763,455 41 $15,004,413 88 $15.029,589 73


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

STATE BANKS OF MICHIGAN.

127

No. 157.
T H E D E X T E R SAVINGS BANK, D E X T E R ,
Organized April 22, 1893.
T h o m a s B i r k e t t , P r e s id e n t ; H. W. N e w k i r k , V ic e P r e s id e n t ; G. S. F r a n c is c o , C a s h ie r ;
J a m e 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 .—Thomas B irkett, G. S. Francisco, O. W. Cushing, H. W. Newkirk, E. Jedele,

H enry Dieterle, F red Walker.

Resources.

Loans and discounts:
Cnmmp.rr.ial d ep artm en t...............
Sa.vi n gs d ep artm en t.......................
Bonds, m ortgages and securities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Prem ium acco u n t...............................
O verdrafts ........................................
Expenses, interest and taxes paid,
exceeding earnings.........................
Pan king 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 citie s............................
Ttems in tr a n s it..................................
U nited S tates bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Sa.vings d ep artm en t.......................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
U. S. and National bank currency:
Commercial depa.rtm ent...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Sa.vings d e p a rtm e n t......................
Silver coin:
Commercial depa.rtm ent...............
Sa.vings depa.rtm ent.......................
Nickels and cents:
Commercial d e p a rtm e n t...............
Sa.vings d ep artm en t.......................
Checks and other ca.sh ite m s...........
T o tals............................................
Liabilities.
Capital stock pa,id i n .......................
Surplus fu n d ........................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
paid
...............................................
Dividends u n p a id ..............................
Commercial deposits subject to
check .................................................
Commercial certificates of dep o sit.
Certified checks ..............................
Cashier’s checks o u tstan d in g ...........
State monies on d ep o sit...................
Due. to hanks and h a n k e rs...............
Sa.vings deposits.................................
Savings certificates of dep o sit.........
TCpSpr ved for taxes, interest, e tc ..
Notes and hills red iscounted...........
Bills payable
................................
T o tals............................................


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

Report of
R eport of
R eport of
R eport of
Report of
Nov. 16, ’09. Jan. 31, TO. Mar. 29, TO. June 30, TO. Sept. 1, TO.

$49,496 50

$46,317 59

$45,724 42

$52,451 95

$61,754 33

9,900 00
151,366 04

9,900 00
139,638 07

21,925 00
116,659 05

10,000 00
151,464 22

9,950 00
150,732 13

302 94

692 76

429 13

97 73

296 85

3,200 00
1,500 00

3,200 00
1,500 00

3,200 00
1,500 00

3,200 00
1,500 00

3,200 00
1,500 00

372 93

471 83
557 16

3,912 24
6,429 63

10,785 02
25,524 90

20,616 96
40,052 05

19,201 83
6,868 26

4,610 23
2,758 55

4,781 00

3,293 00
3.000 00

. 3,245 00
5,701 00

3,660 00
3,286 00

2,010 00
6,069 00

210 00
5,000 00

477 50
5.000 00

2,715 00
2,820 00

1,370 00
4,530 00

2,005 00
4,025 00

387 35

828 65

303 05
420 80

298 90
301 00

504 50
311 85

43 68

55 04
64 82

23 98
39 53
389 46

39 64
24 63
2,470 15

47 10
46 62

143 41
$237,045 72

$250,277 35

$266,321 59

$260,764 31

$250,292 99

$20,000 00
1,000 00

$20,000 00
1,500 00

$20,000 00
1,500 00

$20,000 00
1,500 00

$20,000 00
2,500 00

1,897 15

1,930 04

4,123 61

4,770 99

2,310 13

49,763 23

57,877 32
2,955 26

68,986 07
6,019 48

61,232 70
4,316 36

55,266 63
4,578 95

126,870 74
33,751 52

134,248 93
31,765 80

134,169 03
31,523 40

137,118 07
31,826 19

131,969 76
33,667 52

$237,045 72

$250,277 35

$266,321 59

$260,764 31

$250,292 99

3,763 08

STATE BANKING DEPARTMENT.

128

No. 396.
T H E STATE SAVINGS BANK OF DOWAGIAC, DOWAGIAC.
Organized April 9, 1908.
E B u r t J e n n e y , P r e s id e n t ; R o b e r t H. W i l e y , H. B . T u t h i l l , V ic e P r e s id e n t s ; S. J .'C a r f r a e , C a s h ie r ;
C l a r e F. P u g s l e y , A s s i s t a n t C a s h ie r .
D i r e c t o r s — E. B urt Jenney, R. H. Wiley, H. B. Tuthill, Aaron Zelner, H. B , Wells.

R eport of
R eport of
R eport of
R eport of
R eport of
Vov. 16, ’09. fan. 31, DO. Vlar. 29, ’10. Tune 30, ’10. 3ept. 1, ’10

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings department, ....................
Bonds, mortgages and securities:
Commercial d ep artm en t...............
Savings department, .................

$59,746 87
1,250 00

$61,737 97
2,150 00

$96,333 27
2,425 00

$106,906 82
6,504 17

$91,511 70
15,414 17

3,500 00
8,850 00

12,000 00
10,150 00

13,100 00
10,210 00

12,600 00
11,110 00

11,100 00
19,524 30

1,371 00

1,371 00

1,371 00

1,306 00

1,306 00

2,969 47

3,132 39

3,690 39

4,535 04

4,674 24

29,611 77
543 90

34,975 49
544 34

28,752 63
2,544 34

1,688 70
2,556 40

16,031 50
5,064 73

5,431 00
750 00

7,416 00
2,000 00

2,400 00
3,017 00

4,000 00
1,906 00

3,685 00
2,000 00

415 00
80 00

2,850 00
750 00

1,000 00
2,945 00

2,065 00
1,700 00

1,405 00
1,000 00

1,372 30
76 90

1,345 60
330 50

150 00
1,237 76

1,806 00
459 94

2,532 40
79 04

77 48
17 61
146 00

133 90
100 10
610 32

10 95
364 45

97 48
85 52
133 85

70 15
21 85
3,366 27

T o tals............................................

$116,209 30

$141,597 61

$169,551 79

$159,460 92

$178,786 35

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

$25,000 00

$25,000 00

$25,000 00

$25,000 00

$25,000 00

Undivided profits, less losses, cur­
rent-expenses, in terest and taxes
paid . ............. ....................................

387 70

222 31

283 78

1,864 15

563 71

15,523 30
63,729 89

22,197 02
75,843 36

37,729 64
83,781 04

23,528 10
82,080 29

28,242 90
75,944 38

13 78

32 50
2,500 00

65 00
2,500 00

Premium account,

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

E xpenses, interest and taxes paid,
F urniture arid fi’vt.urp.s

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

Due from other banks and bankers,
U nited States bonds:
Due from banks in reserve cities:
Commercial depart,m erit...............
Savings d e p a rtm e n t......................
Exchanges for clearing house:

U. S. and N ational bank currency :
Commercial d ep artm en t...............
Savings departm ent,......................
Gold coin:
Commercial d ep artm en t...............
Savings department, ....................
Silver coin:
Commercial d ep artm en t...............
Savings departm ent
.................
Nickels and cents:
Commercial depaxtm ent...............
Savings department, ....................
Checks and other cash i t e m s ...........

Commercial deposits subject to
check ...............................................
Commercial certificates of d ep o sit. ■
G'oMiior’c r*Vior*Irc nnt.Qt.il.n di n fT...........
Putj lu bttuks and b a n k e rs...............
Savings d e p o s its ................................

11,568 41

18,334 92

22,743 55

24,455 88

33,679 65
12,790 71

$116,209 30

$141,597 61

$169,551 79

$159,460 92

$178,786 35

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

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


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

STATE BANKS OF MICHIGAN.

129

No. 422.
T H E FA R M ER S’ STATE BANK OF D RY D EN , D RY D EN .
Organized Jan u ary 27, 1909.
M a r t in J. H

e e n a n , P r e s id e n t ;

I r a E. P a r k e r , V ic e P r e s id e n t ; G e o . R. L a m b , C a s h ie r .

D i r e c t o r s .— M artin J. Heenan, W. F. Laughlin, E arl I. Heenan, Horace Lamb, Ira E. Parker,

R obert Booth, Geo. R. Lamb.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
' Savings d e p a rtm e n t......................
Bonds, mortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Prem ium a c c o u n t...............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
Banking h o u se....................................
F urniture and fix tu res.....................

Report of
R eport of
Report of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$3(5,468 22

$34,721 62

$38,608 19

$41,263 76

$39,351 56

16,357 44
5,000 00

20,648 02
6,800 00

10,067 79
24,725 00

13,057 79
20,950 00

14,557 79
21,827 00

955 13

986 50

106 15

5 00

880 87
Ml

1,500 00

1,500 00

1,500 00

1,625 00

1,625 00

Other 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 bonds:
Savings d e p a rtm e n t. . . . : ...........
Due from banks in reserve cities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t......................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
U. S. and N ational bank currency:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Gold coin:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Checks and other cash ite m s...........
T o tals............................................
Liabilities.
Capital stock paid i n .......................
Surplus fu n d ........................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
paid
...............................................
Dividends u n p a id ..............................
Commercial deposits subject to
ch eck .................................................
Commercial certificates of dep o sit. .
Certified ch eck s..................................
Cashier’s checks outstanding:...........
State monies on d ep o sit...................
Due to banks and b an k ers...............
Savings deposits.................................
Savings certificates of d ep o sit........
Reserved for taxes, interest, e t c . . .
Notes and hills rediscounted...........
Rills payable .....................................
Totals

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

17


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

198 80

6,637 39
500 00

5,560 98
700 00

4,029 44
700 00

6,539 98
700 00

3,683 76
3,200 00

1,551 72
458 28

3,156 74
605 81

2,497 65
706 35

1,988 65
706 35

1,193 32
1,606 35

375 00

250 00

255 00

280 00

300 00

520 55

250 30

229 35

179 50

276 80

13 84

14 31

26 49

32 04

12 08

488 99

381 98

$70,844 76

$75,574 03

$20,000 00
5,000 00

53 74

78] 78

$83,438 76

$87,364 08

$88,806 52

$20,000 00
5,000 00

$20,000 00
5,000 00

$20,000 00
5,000 00

$20,000 00
5,000 00

846 07

729 74

1,431 05

550 53

394 28

12,048 61
23,991 80

10,371 41
28,367 07

17,656 90
30,490 46

10,072 52
19,436 10

7,963 46
9,938 16

5,958 28

8,105 81

8,860 35

17,674 62
9,624 31

20,314 16
20,196 46

5,000 00

5,000 00

$83,438 76

$87,304 08

$88,806 52

3,000 00

3,000 00

$70,844 76

$75,574 03

STATE BANKING DEPARTMENT.

130

No. 351.
T H E D R Y D EN STATE BANK, D RY D EN .
Organized October 20, 1906.
L e e B e b r i d g e , P r e s id e n t ; P. H. F o o t , V ic e P r e s id e n t ; F l o y d S l a t e , C a s h ie r .
D i r e c t o r s .— Lee Berridge, W. H. Shoup, F. W. Kendrick, A. J. Schanck, P. H. Foot, H. L. P arker,

Wm. H. Berridge.

Resources.

Report of
Report of
Report of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, TO.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds, m ortgages and securities:

$29,253 85
23,027 30

$28,475 94
32,793 07

$32,499 95
27,762 57

$29,157 17
33,138 61

$28,931 68
31,700 86

Savings d e p a rtm e n t......................

52,033 03

51,850 03

55,707 03

54,309 78

56,811 78

O verdrafts............................................
Expenses, interest and taxes paid,

884 85

603 61

533 17

1,288 51

1,025 90

F urniture and fix tu res.....................

2,004 50

2,004 50

2,004 50

2,004 50

2,004 50

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 bonds:
Savings d e p a rtm e n t......................

5,708 98
1,039 50

5,179 83
1,688 18

1,483 63
1,768 36

379 78
1,686 00

1,562 09

Due from banks in reserve cities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Exchanges for clearing house:

2,236 54
14,392 22

2,082 79
10,402 96

508 28
12,982 11

1,211 54
9,495 97

1,021 49
10,307 31

•

Savings d ep artm en t......................
U. S. and National bank currency:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Gold coin:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Checks and other cash ite m s...........
T o tals............................................
Liabilities.
Capital stock paid i n .......................
Surplus fu n d ........................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................
"Dividends unpaid ............................
Commercial deposits subject to
check .................................................
Commercial certificates of dep o sit..
Certified ch eck s..................................
Cashier's checks outstanding..........
State monies on d ep o sit...................
Diie to hanks and b an k ers...............
Savings deposits................................
Savings certificates of dep o sit........
Reserved for taxes, interest, etc. . .
Notes and hills rediscounted...........
Dills payable .....................................
T o tals............................................


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

300 00
2,254 00

1,611 00

170 00
3,824 00

1,200 00
3,386 00

2,000 00
2,323 00

2,437 50

2,200 00
345 00

2,805 00

2,995 00

3,612 50

8 57
391 42

80 00
396 94

4 65
229 08

15 00
221 42

90 00
293 00

30 00
38 79

4 02
23 98
922 33

33 25
303 80

54
28 46
99 40

4 17
6 00
17 75

$136,041 05

$140,664 18

$142,619 38

$140,617 68

$141,712 03

$20,000 00
1,250 00

$20,000 00
2,000 00

$20,000 00
2,000 00

$20,000 00
2,500 00

$20,000 00
2,500 00

1,017 25

119 01
15 00

790 30

215 50
600 00

274 39
30 00

13,344 54
1,825 00

16,130 96
712 00

9,874 37
722 00

9,255 04
372 00

10,978 44
357 00

49,706 42
46,897 84

3,341 90
52,213 92
46,131 39

5,000
585
54,373
49,273

00
87
45
39

2,500 00

2,500 00

53,766 82
49,908 32

- 55,234 25
49,837 95

$142,619 38

$140,617 68

1,500 00

2,000 00
$136,041 05

$140,064 18

$141,712 03

STATE BANKS OF MICHIGAN.

131

No. 142.
MONROE COUNTY BANK, D U N D EE.
Organized Septem ber 26, 1892.
G e o . J. S h a e f e r , P r e s id e n t ; M o s e s J. H

o w e , V ic e P r e s id e n t ;

W m. C l u t e ,

C a s h ie r .

D i r e c t o r s .— Geo. J. Shaefer, B. J. Corbin, Wm. Clute, Moses J. Howe, Wm. C. Palm er, Geo. W. H urd,

T. W. Barnes.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds, mortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Prem ium a c c o u n t...............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
Banking h o u se....................................
F u rn itu re and fix tu res.....................

R eport of
R eport of
R eport of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$43,456 73

$44,175 30

$45,652 53

$46,002 71

$51,098 80

68,411 95
10,000 00

67,021 95
14,500 00

75,942 11
20,000 00

58,143 15
36,850 85

44,499 96
71,993 15

1,798 06

489 42

994 71

669 50

432 72
552 00

2,500 00

2,500 00

2,500 00

2,500 00

2,500 00

48,054 94

66,636 33

63,831 92
3,000 00

57,913 81
3,000 00

29,884 31
5,000 00

1,861 00

3,022 00
3,700 00

6,097 00

6,258 00

2,520 00

5,135 00

3,450 00
2,500 00

6,295 00

5,600 00
2,200 00

5,790 00
2,500 00

592 65

917 60

434 10

176 35

699 85

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 bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t......................
Exchanges for clearing house:
Commercial d e p artm en t...............
Savings d ep artm en t.......................
U. S. and N ational bank currency:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Gold coin:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Checks and other cash ite m s ...........
Totals..".........................................
Liabilities.
Capital stock paid i n .......................
Surplus fu n d ........................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................
Dividends u n p a id ...............................
Commercial deposits subject to
check .................................................
Commercial certificates of dep o sit..
Certified ch eck s..................................
Cashier’s checks o u tstanding...........
State monies on d ep o sit...................
Due to banks and b an k ers...............
Savings deposits.................................
Savings certificates of dep o sit........
Reserved for taxes, interest, etc. . .
Notes and bills rediscounted...........
Bills p a y ab le.......................................
T o tals............................................


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

34 44

25 25

12 58

34 82

55 31

151 66

301 17

100 34

5 88

857 03

$181,996 43

$209,239 02

$224,860 29

$219,355 07

$218,383 13

$15,000 00
3,000 00

$15,000 00
3,000 00

$15,$00 00
3,000 00

$15,000 00
3,000 00

$15,000 00
3,000 00

6,561 44
3,520 00

6,774 47
3,740 00

7,153 50
3,620 00

7,917 38
3,620 00

7,519 94
3,900 00

42,217 48
94,773 25

59,521 89
100,180 72

45,371 74
122,167 06
1,500 00

47,943 37
99,087 25

41,861 09
65,228 91

16,924 26

21,021 94

27,047 99

42,787 07

81,873 19

$181,996 43

$209,239 02

$224,860 29

$219,355 07

$218,383 13

132

STATE BAN KING D EPA R TM EN T.
No. 428.
FIR ST COMMERCIAL AND SAVINGS BANK OF DURAND, DURAND.
Organized April 8, 1909.
L u t h e r L o u c k s , P r e s id e n t ; C. S. R e e d , V ic e P r e s id e n t ; H a r r y H. S im p s o n , C a s h ie r ;
P . D . P o s t , A s s i s t a n t C a s h ie r .

D i r e c t o r s .— L uther Loucks, George Brooks, C. S. Reed, H. H. Simpson, F. J. Northway, A. N. Brock,

C. E. Van Slyke.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds, m ortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Prem ium a c c o u n t..............................
O verdrafts............ ...............................
Expenses, interest and taxes paid,
exceeding earnings.........................
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..................................
United S tates bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Exchanges for clearing house:
Commercial d ep artm en t...............
Savings d e p a rtm e n t. . . . .............
U. S. and National b ank currency:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Checks and other cash ite m s...........
T o tals.......................................... ..
Liabilities.
Capital stock paid i n .........................
Surplus fu n d ........................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................
Dividends u n p a id ..............................
Commercial deposits subject to
ch eck .................................................
Commercial certificates of d ep o sit. .
Certified ch eck s..................................
Cashier’s checks o u tstan d in g ...........
State monies on deposit...................
Due to banks and b an k ers...............
Savings deposits.................................
Savings certificates of dep o sit........
Reserved for taxes, interest, e tc . .
Notes and bills rediscounted...........
Bills p ay ab le........................................
T o tals............................................


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

R eport of
R eport of
R eport of
Report of
Report of
Nov. 16, ’09. Jan. 31, TO. Mar. 29, TO. June 30, TO. Sept. 1, TO.

#50,696 22
24,505 40

$58,000 73
33,716 24

$51,733 16
40,967 14

$68,108 93
45,554 71

$61,945 19
49,700 25

29,217 78

36,003 28

38,657 28

500 00
37,246 21

500 00
34,273 86

772 50

1,413 56

714 68

685 36

221 89

6,500 00
1,700 00

6,000 00

6,000 00

6,000 00

6,000 00
150 00

1,000 00

1,150 00

1,150 00

150 00

3,253 07

244 55

157 00

9,965 60

9,706 8»

5,485 63
5,989 79

3,659 55
5,395 76

7,712 21
7,754 98

14,540 13
5,589 90

9,201 13
5,305 41

1,915 29

575 00

2,825 35

709 92

1,524 37

2,025 00
3,600 00

1,440 00
3,261 00

2,548 00
r, 394 00

3,532 00
5,800 00

4,712 0D
500 00

2,165 00

900 00

15 00
1,000 00

682 40
57 10

217 20

1,805 00

1,520 00

428 45

189 95
750 00

613 65
86

35 55

60 44
29
788 15

15 56

113 58

398 84

812 65

359 50

159 55
12 48
242 18.

#139,328 52

$154,168 50

$165,221 52 | $200,495 34

$185,387 40

#25,000 00

$25,000 00
2,500 00

$25,000 00
2,500 00

$25,000 00
2,500 00

$25,000 00
5,000 00

2,629 52

1,029 29

1,100 07

2,769 53

322 03

48,386 03

44,992 64

42,847 19

70,977 89

52,773 37

5,000 00

5,000 00

5,000 00

20,483 55
42,829 42

26,124 57
54,522 00

27,445 83
61,328 43

(15,695 95
28,551 97

30,571 36
61,720 64

#139,328 52

$154,168 50

$165,221 52

$200,495 34

$185,387 40

5,000 00

STATE BANKS OF MICHIGAN.

133

No. 124.
T H E SHIAW ASSEE COUNTY BANK, DURAND.
Organized October 5, 1891.
R. C. F a i r ,

P r e s id e n t ;

A. S. T h o m a s , C. G. B a t e s , V ic e P r e s id e n t s ; F. N. C o n n ,
G e o . W. E v a n s , A s s i s t a n t C a s h ie r .

C a s h ie r ;

D i r e c t o r s .—R. C. Fair, F. N. Conn, Tlios. Cooling, A. S. Thomas, C. G. Bates.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds, mortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Prem ium a c c o u n t..............................
O v e rd ra fts ..........................................
Expenses, interest and taxes paid,
exceeding earnings.........................
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 bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d ep artm en t......................
U. S. and N ational bank currency:
Commercial d ep artm en t............. .
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Checks and other cash ite m s...........
T o ta ls............................................
Liabilities.
Capital stock paid i n .........................
Surplus fu n d ........................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................
Dividends u n p a id ..............................
Commercial deposits subject to
ch eck .................................................
Commercial certificates of d ep o sit..
Certified ch eck s...................................
Cashier’s checks o u tstan d in g ...........
State monies on deposit...................
Due to banks and b an k ers...............
Savings deposits.................................
Savings certificates of deposit........
Reserved for taxes, interest, e t c . .
Notes and bills rediscounted..........
Bills p ay ab le........................................
T o tals............................................


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

R eport of
Report of
Report of
R eport of
R eport of .
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$95,647 54

$95,710 67
8,218 48

$98,859 02
8,218 48

$108,548 54
12,200 00

$110,350 58
9,000 00

37,302 62
110,863 83

36,967 62
107,030 59

41,667 62
121,810 59

37,070 00
128,062 50

37,025 00
120,357 50

1,100 00
110 07

1,100 00
237 44

1,100 00
400 40

1,000 00
45 60

600 00
32 28

2,100 00

2,100 00

2,100 00

2,100 00

2,100 00

1,500 00

1,500 00

1,500 00

2,150 00

2,150 00

12,695 59

14,663 91

8,369 98

9,203 10

6,790 19

4,698 93
13,000 00

15,614 29
13,000 00

21,435 95
13,000 00

6,647 48
16,000 00

23,583 40
23,000 00

4,086 00
1,320 00

5,535 00
7,315 00

8,673 00
3,190 00

11,868 00
3,725 00

4,308 00
7,980 00

3,560 00
5,000 00

1,345 00
5,000 00

1,835 00
5,000 00

2,325 00
5,000 00

3,125 00
5,000 00

1,201 05
6 05

662 40
4 95

302 05
6 30

1,392 70
5 65

930 75
14 75

150 83
57
261 82

157 36
35
193 41

130 61
67
139 07

195 09
46
207 23

224 94
52
735 49

$294,604 90

$316,356 47

$337,738 74

$347,746 35

$357,308 40

$25,000 00
4,000 00

$25,000 00
4,250 00

$25,000 00
4,250 00

$25,000 00
4,500 00

$25,000 00
4,500 00

3,569 06

1,314 13

2,197 74

1,499 12

2,940 94

27,789 76
104,055 63

42,009 95
103,213 02

37,174 24
117,890 72

31,512 24
120,241 38

42,284 44
117,240 25

118,932 64
11,257 81

130,391 68
10,177 69

135,201 67
16,024 37

149,896 54
15,097 07

148,900 95
16,441 82

$294,604 90

$316,356 47

$337,738 74

$347,746 35

$357,308 40

STATE BANKING DEPARTMENT.

134

No. 462.
*THE P E O P L E S STATE SAVINGS BANK OF EAST JORDAN.
Organized October 13, 1910.
W . P. S q u i e r , P r e s id e n t ; A. E. S l e e p e r , W . A. S t r o e b e l , V ic e P r e s id e n t s ; R. O. B i s b e e , C a s h ie r .
D i r e c t o r s .— W ilbur P. Squier, R. O. Bisbee, W. A. Stroebel, C. H. W hittington, A. E. Sleeper,

A. L. W right, C. J. Bisbee.

Resources.

Report of
R eport of
R eport of
R eport of
Report of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, '10. June 30, ’10. Sept. 1, TO.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......... ............
Bonds, mortgages and securities:
Cnrnmereia.l dena.rtm ent. ...........
------Prem ium a c c o u n t..............................
Expenses, interest and taxes paid,
exceeding earnings..............................
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..................................
United S tates bonds:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
U. S. and N ational bank currency:
Commercial d e p a rtm e n t...............
Savings d ep artm en t......................
Gold coin:
Commercial d e p artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d eo artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Checks and other cash ite m s...........
T o tals............................................
Liabilities.
Capital stock paid i n .......................
Surplus f u n d ......................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................
Dividends u n p a id ..............................
Commercial deposits subject to
ch eck .................................................
Commercial certificates of d ep o sit. .
Certified ch eck s..................................
Cashier’s checks o u ts ta n d in g ........
S tate monies on d ep o sit...................
Due to banks and b an k ers...............
Savings deposits.................................
Savings certificates of deposit . . . .
Reserved for taxes, interest e t c . .
Notes and bills rediscounted...........
Bills p a y ab le .......................................
T o tals............................................
♦Commenced business October 17th, 1910.


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

.................:::

STATE BANKS OF MICHIGAN.

135

No. 238.
STATE BANK O F EAST JO RDA N, EAST JORDAN.
Organized Ju ly 12, 1901.
W. P. P o r t e r ,

P r e s id e n t ;

W. L. F r e n c h .

V ic e P r e s id e n t ; G e o .

G. G l e n n ,

C a s h ie r .

D i r e c t o r s .— W. P. Porter, W. L. French, M. H. Robertson, Geo. G. Glenn, Carl Stroebel, Clark Haire,

Fred Sm ith, Charles M. Schaffer, F. M. Severance.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds, mortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Prem ium a c c o u n t...............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
B anking h o u se....................................
F urn itu re and fix tu res......................

R eport of
R eport of
R eport of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$99,813 32
44,246 54

$85,243 31
57,620 63

$92,555 25
66,467 13

$127,935 39
32,495 63

$140,123 13
14,925 63

50,400 51

52,245 72

50,292 02

54,159 91

53,799 22

1,271 24

2,422 19

124 43
3,318 87

124 43
674 23

124 43
1,044 70

6,123 99
2,453 92

154 32
6,123 99
2,453 92

0,123 99
2,453 92

6,123 99
2,453 92

6,123 99
2,453 92

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 bonds:
Savings d e p a rtm e n t........... •.........
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Exchanges for clearing house:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
U. S. and N ational bank currency:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Checks and other cash ite m s...........
T o tals............................................
Liabilities.
Capital stock paid i n ..........................
Surplus f u n d ........................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................
Dividends u n p a id ..............................
Commercial deposits subject to
ch eck .................................................
Commercial certificates of d ep o sit. .
Certified ch eck s..................................
Cashier’s checks o u tstan d in g ...........
S tate monies on deposit...................
Due to banks and b a n k e rs...............
Savings deposits.................................
Savings certificates of deposit........
Reserved for taxes, interest, etc. .
Notes and bills rediscounted...........
Bills p ay ab le........................................
T o tals............................................


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

158 56

15,165 78
8,780 43

34,881 34
15,181 55

23,242 36
14,775 05

9,432 45
12,523 29

34,763 34
15,052 92

155 25
5,409 00
5,125 00

6,334 00
4.500 00

4,124 00
3,567 00

9,175 00
2,350 00

5,313 00
2,000 00

2,385 00

1,375 00
1.500 00

470 00
3,000 00

3,010 00
2,000 00

3,010 00
2,000 00

1,000 00
894 40

1,023 20
500 00

657 55
300 00

864 80
500 00

1,068 80
100 00

200 80
65 17
77 00

235 06
19 45
215 64

67 00
200 00
1 50

95 83
100 00
21 35

245 04
10 00
499 64

$243,412 10

$272,029 32

$271,895 32

$264,040 22

$282,816 32

$50,000 00
2,000 00

$50,000 00
2,500 00

$50,000 00
2,500 00

$50,000 00
2,500 00

$50,000 00
3,000 00

150 00

2,103 30
150 00

3,496 10

1,314 25

66,374 34
6,994 59
100 00

81,445 19
7,544 39

69,666 13
7,692 00
2,450 00

68,212 64
40,850 61

87,557 84
58,777 84

36,577 66
78,744 36

41,266 74
89,123 00

44,002 04
93,331 85

40,765 59
58,215 28

42,629 57
39,536 82

$243,412 10

$272,029 32

$271,895 32

$264,040 22

$282,816 32

2,621 15

136

STATE BANKING DEPARTMENT.
No 53.
MICHIGAN STATE BANK OF EATON RA PID S.
Organized Ju ly 22, 1884.
H. H. H a m il t o n ,

P r e s id e n t ;

H. P . W e b s t e r ,

V ic e P r e s id e n t ; E . S. H a r r i s , C a s h ie r .

D i r e c t o r s — H. P. W ebster, E. S. H arris, H. H. Ham ilton, E. F. K napp, H. C. Minnie, I. N. Reynolds,

F.

S. Leighton, J. B. Bradley, J. H. Parks.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d ep artm en t.......................
Bonds, m ortgages and securities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Prem ium acco u n t...............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
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..................................
U nited States bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d ep artm en t.....................
Exchanges for clearing house:
Commercial d ep artm en t. .............
Savings d ep artm en t.......................
U. S. and National b ank currency:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................

R eport of
R eport of
R eport of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$207,129 38

$199,703 52

$138,727 05
51,183 55

$145,709 33
55,631 05

$145,880 58
61,919 85

3,153 00
76,370 61

2,763 00
75,968 06

79,893 06

81,394 92

87,064 92

1,431 25

1,388 23

1,074 37

2,062 90

2,571 52

5,500 00
2,000 00

5,500 00
2,000 00

5,500 00
2,000 00

5,500 00
2,000 00

5,500 00
2,000 00

2,541 13

2,554 69

285 89

285 89

285 89

2,705 40

3,440 33

4,722 64

721 05

319 89

2,960 08
3,495 31

6,230 32
16,452 69

8,183 87
27,980 85

9,784 21
15,000 71

3,123 16
12,848 63

4,870 00
2,379 00

4,989 00
2,000 00

3,078 00
2,600 00

4,053 00
3,600 00

3,804 00
3,191 00

8,022 50

8,140 00

8,255 00

9,765 00

10,000 00

1,045 50

350 00

Silver coin:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Nickels and cents:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Checks and other cash ite m s...........

900 00

1,300 00
1,050 00

1,016 55

100 14
195 02
819 21

387 90
6 52
2,350 60

341 53
12,648 65

210 12
2,464 22

290 87
5 52
956 56

T o tals............................................

$325,528 03

$336,224 86

$347,491 01

$339,227 96

$340,762 39

$75,000 00
15,000 00

$75,000 00
15.000 00

$75,000 00
15,000 00

$75,000 00
15,000 00

$75,000 00
15,000 00

5,610 96

3,057 78
13 50

5,513 52

4,295 54
3,750 00

4,711 01
20 00

50,773 81

65.000 35
“

71,298 35

56,044 21

49,065 75

167,553 23

174,679 14

184,190 37

2,372 60
184,593 03

$339,227 96

$340,762 39

Liabilities.
Capital stock paid i n .......................
Surplus fu n d ........................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................
Dividends u n p a id ..............................
Commercial deposits subject to
ch eck .................................................
Commercial certificates of deposit.
Certified ch eck s..................................
Cashier’s checks o u tstan d in g ...........
State monies on d ep o sit...................
Due to banks and b an k ers...............
Savings deposits.................................
Savings certificates of deposit.........
Reserved for taxes, interest, e tc ..
Notes and bills rediscounted...........
Bills p a y a b le .......................................
T o tals............................................


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

1,000 00

465 30
163,677 96

347 84

15,000 00

10,000 00

6,000 00

$325,528 03

$336,224 86

$347,491 01

10,000 00

STATE BANKS OF MICHIGAN.

137

No. 193.
EDM ORE STATE BANK, EDM ORE.
Organized April 5, 1897.
F r e d e r i c k N e f f , P r e s id e n t ; S h e r m a n N e f f , V ic e P r e s id e n t ; J o h n W. P f e i f l e r , C a s h ie r ;
S e r e n u s D . K e t c h u m , A s s i s t a n t C a s h ie r .
D i r e c t o r s .— Frederick Neff, John W. Pfeifler, Sherm an Neff, H enry J. Burch, Edwin K. H orton.

Resources..

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds, mortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
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 citie s...........................
Item s in tr a n s it..................................
U nited S tates bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Exchanges for clearing house:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
U. S. and N ational bank currency:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Checks and other cash ite m s...........
T o tals............................................
Liabilities.
Capital stock paid i n ..........................
Surplus f u n d ......................................
Undivided profits, less losses, cur­
rent 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..
Certified ch eck s..................................
Cashier’s checks o u tstan d in g ...........
State monies on deposit...................
Due to banks and b an k ers...............
Savings deposits.................................
Savings certificates of deposit........
Reserved for taxes, interest, e tc ..
Notes and bills rediscounted...........
Bills p ay ab le........................................
T o tals............................................


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

R eport of
R eport of
R eport of
R eport of
R eport of
Nov. 16, '09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

145,951 39

$43,214 91

$46,042 12

$50,342 26

$31,289 49

34,331 21

37,877 80

39,540 05

42,064 31

61,856 17

135 99

166 19

730 03

115 75

481 95

1,908 80
1,917 71

1,908 86
1,957 71

1,908 86
1,956 71

1,908 86
1,951 96

1,908 86
1,949 71

1,700 00

1,700 00

1,498 33

467 68

4,525 04
9,116 13

4,261 54
6,819 67

3,012 24
5,743 96

2,669 45
6,915 28

4,970 55
9,123 37

1,000 00
4,075 00

1,350 00
2,825 00

648 00
1,000 00

1,000 00
1,038 00

1,000 00
3,448 00

600 00
880 00

100 00
1,200 00

312 50
1,000 00

500 00
762 50

500 00
752 50

375 00
293 00

500 00
292 75

285 75
1,000 00

1,540 25

620 50

25 00
6 67
174 00

50 00
32 54
47 17

23 34
56 80
230 41

32 65
63 32

57 19
150 02

$108,513 33

$104,771 82

$103,490 77

$110,904 59

$118,788 31

$15,000 00
5,000 00

$15,000 00
5,500 00

$15,000 00
5,500 00

$15,000 00
5,500 00

$15,000 00
5,500 00

1,656 10

887 52

1,304 34

1,439 74

656 00

28,112 36

20,129 77

19,134 24

20,769 25

21,347 57

369 75

471 23

507 08

1,406 71

659 14

6,875 96
51,499 16

6,515 10
56,268 20

6,584 36
55,460 75

7,913 14
58,875 75

8,523 82
67,101 78

1108,513 33

$104,771 82

$103,490 77

$110,904 59

$118,788 31

680 00

STATE BANKING DEPARTMENT.

138

No. 403.
T H E P E O P L E ’S STATE BANK OF EDM ORE, EDM ORE.
Organized June 6, 1908.
E. 8. W a g a r ,

P r e s id e n t ; W i l l ia m A. W o o d , V ic e P r e s id e n t ; H a r r y

E. W a g a r ,

C a s h ie r .

D i r e c t o r s .— F. L. Holmes, Jam es Purdon, E. S. W agar, H arry E. W agar, William A. Wood.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......... ............
Bonds, m ortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
Ranking h o u se....................................
F urniture and fix tu res......................

R eport of
R eport of
R eport of
R eport of
Report of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$23,586 68
25,871 27

$30,198 36
21,503 15

$37,436 80
11,954 05

$42,575 60
12,432 05

$44,182 21
14,678 80

40,752 00

41,747 00

42,997 00

42,952 00

44,901 00

145 22

276 78

122 78

8 26

58 05

3,945 00
1,969 00

3,945 00
1,969 00

3,945 00
1,969 00

3,945 00
1,969 00

3,945 00
1,969 00

5,955 46
7,795 31

8,117 73
10,726 97

8,608 21
10,598 20

9,419 12
8,112 12

4,124 69
5,877 75

121 27

28 52

50 65

92 77

4 78

3,024 00
2,900 00

2,656 00
2,700 00

3,500 00
2,580 00

955 00
2,600 00

880 00
3,000 00

500 00

65 00
700 00

1,145 00

1,240 00

451 00
280 00

422 35
275 00

207 40
200 00

122 50
200 00

341 90
460 00

40 19
20 00

24 71
25 00

110 33
20 00

79 34
55 00

141 57

$116,880 40

$125,115 57

$125,064 42

$126,662 76

$125,804 75

$20,000 00
200 00

$20,000 00
200 00

$20,000 00
200 00

$20,000 00
200 00

$20,000 00
500 00

563 26

1,184 22

2,635 22

2,614 34

100 26

32,499.37
100 00

34,626 01

33,305 97

35,402 01

34,386 09

5,320 05
58,203 72

5,839 68
63,265 66

5,956 71
62,966 52

9,459 31
58,987 10

9,935 12
60,883 28

$116,886 40

$125,115 57

$125,064 42

$126,662 76

$125,804 75

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 bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d e p artm en t...............
Savings d ep artm en t.......................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
U. S. and N ational bank currency:
Commercial d e p a rtm e n t...............
Savings d ep artm en t......................
Gold coin:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......... ............
Checks and other cash ite m s...........
T o tals............................................
Liabilities.
Capital stock paid i n .......................
Surplus fu n d ........................................
Undivided profits, less losses, cur­
rent 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. .
Certified ch eck s..................................
Cashier’s checks outstanding. . . . . .
State monies on d ep o sit...................
Due to banks and b an k ers...............
Savings deposits..................................
Savings certificates of d ep o sit........
Reserved for taxes, interest, e t c . ..
Notes and bills red iscounted........
Bills p a y a b le .................. .....................
T otals............................................


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

30 00

STATE BANKS OF MICHIGAN.

139

No. 129.
E L K R A PID S SAVINGS BANK, E L K RA PID S.
Organized Jan u ary 20, 1892.
M. B. L a n g ,

P r e s id e n t ; C. A. W h y l a n d , V ic e P r e s id e n t ;
C h a r l e s B. C a r v e r , C a s h ie r .

D i r e c t o r s .— M. B. Lang, H arry Hirshberg, A. B. Fairbanks, Charles B. Carver, C. I). Towne,

C. A. W hyland, F. R. Williams.

Resources.

Report of
R eport of
R eport of
R eport of
Report of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

Loans and discounts:
Commercial d ep artm en t...............
Savings d ep artm en t......................
Bonds, mortgages and securities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Prem ium acco u n t...............................
O verdrafts............................................
Expenses, in terest and taxes paid
exceeding earnings.........................
Banking h o u se....................................
F urniture and fix tu re s.....................
Other real e s ta te ................................
Due from other banks and bankers,
not reserve cities............................
Item s in tr a n s it..................................
United States bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d ep artm en t.......................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
U. S. and National bank currency:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d e p a rtm e n t...............
Savings d e p a r tm e n t.....................
Nickels and cents:
Commercial d e p a rtm e n t...............
Sa.vings d ep artm en t.......................
Taxes paid lor shareholders............
Checks' and other cash ite m s...........
T o tals............................. ..............
Liabilities.
Capital stock paid i n .......................
Surplus fu n d ........................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................
Dividends u n p a id ..............................
Commercial ‘deposits subject to
ch eck ....................... .........................
Commercial certificates of deposit.
Certified ch eck s..................................
Cashier’s checks o u tstan d in g ...........
State monies on d ep o sit...................
Due to banks and b a n k e rs...............
Savings deposits.................................
Savings certificates of dep o sit........
Reserved for taxes, interest, e tc ..
Notes and hills rediscounted...........
Rills payable .....................................
T o tals............................................


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

$83,069 70
59,145 20

$87,365 77
48,577 61

$89,767 49
43,634 12

$81,016 06
51,209 04

$95,694 55
43,007 34

81,756 24

92,846 69

94,824 91

103,850 02

106,394 29

271 94
143 58

334 47
81 75

396 89
8 99

2,634 06
539 42

1,338 36
15 31

4,000 00
2,121 50

4,000 00
1,800 00

4,000 00
1,800 00

4,000 00
1,800 00

4,000 00
1,800 00

1,265 25

225 00

-

6,485 74
14,989 74

7,466 92
18,567 73

12,125 00
21,060 38

1,999 20
13,825 52

4,172 61
12,970 02

5,290 00

6,982 00

5,911 00

7,152 00

4,307 00
4,725 00

735 00
7,600 00

260 00
8,200 00

390 00
8,200 00

760 00
8,200 00

9,375 00

1,116 75

1,525 40

1,045 45

1,083 10

769 25

120 90

103 00

125 95

122 86

88 22
424 20
126 43

1,725 14

670 52

687 91

424 20
1,251 20

$268,571 43

$280,047 11

$283,978 09

$279,866 68

$289,432 58

$35,000 00
8,500 00

$35,000 00
9,500 00

$35,000 00
9,500 00

$35,000 00
9,500 00

$35,00 00
9,500 00

9,670 67

3,383 92

4,802 52

5,691 91

6,150 28

50,054 65
10,833 07

60,008 29
8,995 94

53,125 03
7,445 94

44,968 16
6,237 89

54,053 97
5,699 39

45 10

2 00

90
5,000 00

44 60
2,500 00

46 35
2,500 00

117,586 82
36,881 12

614 36
123,124 77
39,417 83

126,690 23
42,413 47

129,509 36
41,414 76

135,012 18
41,470 41

$268,571 43

$280,047 11

$283,978 09

$279,866 68

5,000 00
$289,432 58

140

STATE BANKING DEPARTMENT.
No. 342.
T H E STATE SAVINGS BANK OF E L S IE , E LSIE.
Organized June 20, 1906.
O. B. C a m p b e l l , P r e s i d e n t ; L. G. B a t e s ,
T. P. S t e a d m a n , C a s h ie r .

V ic e P r e s id e n t ;

D i r e c t o r s .— O. B. Campbell, L. G. Bates, M . B. Netzorg, C. D . Bates,

T. P. Steadm an.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d ep artm en t.......................
Bonds, mortgages and securities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Prem ium acco u n t...............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
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 bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d ep artm en t.......................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
U. S. and National bank currency:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................

R eport of
R eport of
Report of
Report of
R eport of
Nov. 16, ’09 Jan. 31, ’10. Mar. 29, ’10 June 30, ’10 jSept. 1, ’10.

$94,747 89
76,674 55

$86,550 12
79,150 31

$89,991 56
86,828 98

$148,474 01
29,168 60

!

.
$154,061 33
27,959 60

09,919 45

71,493 00

64,285 45

59,035 45

58,435 45

5,581 28

512 06

1,225 27

535 13

1,558 58

378 93
2,000 00
1,000 00

2,000 00
1,600 00

85 23
2,000 00
1,600 00

2,000 00
1,600 00

263 77
2,000 00
1,600 00

323 71

31 55

58 00

46 47

269 25

2,924 06
8,500 00

11,022 55
8,500 00

16,626 97
8,500 00

22,119 00
8,500 00

12,108 21
8,500 00

9,278 00
5,000 00

7,415 00
4,360 00

7,320 00
4,500 00

9,554 00
4,500 00

8,433 00
4,500 00

427 50
4,500 00

5,140 00

125 00
5,000 00

70 00
5,000 00

47 50
5,000 00

397 80

446 45

450 60

421 30

679 95

Silver coin:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Nickels and cents:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Checks and other cash ite m s...........

114 50

120 03

59 84

61 64

63 11

332 18

33 43

268 10

532 64

261 22

T o tals............................................

$282,700 45

$278,981 10

$288,925 00

$291,018 24

$285,740 97

$25,000 00
1,400 00

$25,000 00
1,600 00

$25,000 00
1,600 00

$25,000 00
' 1,600 00

• $25,000 00
1,850 00

Liabilities.
Capital stock paid i n .......................
Surplus fu n d ........................................
Undivided profits, less losses, c u r­
rent expenses, interest and taxes
p a id ...................................................
Dividends u n p a id ..............................
Commercial deposits subject to
ch eck .................................................
Commercial certificates of deposit.
Certified ch eck s..................................
Cashier’s checks o u tstan d in g ...........
State monies on d ep o sit...................
Due to banks and b an k ers...............
Savings deposits.................................
Savings certificates of dep o sit........
Reserved for taxes, interest, e tc ..
Notes and bills red iscounted..........
Bills p a y a b le .......................................
T otals............................................


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

30 57

1,076 30

50,494 07
60,818 63

51,822 31
98,774 91

54,023 32
97,296 50

47,053 19
97,902 82

44,656 38
92,591 28

134,987 75

86,753 31

96,005 18

108,385 93

121,643 31

10,000 00

15,000 00

15,000 00

10,000 00

$282,700 45

$278,981 10

$288,925 00

$291,618 24

$285,740 97

STATE BANKS OF MICHIGAN.

141

No. 299.
T H E STATE SAYINGS BANK OF ESCANABA, ESCANABA.
Organized N ovenber 2, 1904.
A. R . M o o r e , P r e s id e n t ; H. B . R e y n o l d s , V ic e P r e s id e n t ; H. H. A l l y n , C a s h ie r ;
E . O. P e r r o n , A s s i s t a n t C a s h ie r .
D i r e c t o r s .— O. B. Fuller, E. M. St. Jacques, F. A. Banks, H. B. Reynolds, O. N. H ughitt, A. R. Moore,

I. C. Jennings, Jas. H. Clancy, S. M. M atthews.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds, m ortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Prem ium a c c o u n t..............................
O v erd rafts............................................
E xpenses, interest and taxes paid,
exceeding earnings.........................
B anking h o u se ....................................
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 c ities............................
Item s in tr a n s it..................................
United S tates bonds:
Savings d e p a rtm e n t......... r ..........
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
E xchanges for clearing house:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
U. S. and N ational b ank currency:
Commercial d e p artm en t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................

R eport of
R eport of
Report of
R eport of
Report of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$203,090 61

$142,658 70
60,825 36

$117,713 29
71,099 25

$161,414 38
60,084 38

$168,296 06
59,316 88

23,582 75
88,810 09

12,765 75
88,572 17

19,090 75
82,237 17

19,278 50
80,843 07

6,500 00
91,300 57

118 75
331 84

79 24

45 54

270 99

225 42

8,370 19
1,200 00

8,200 00
1,170 00

8,200 00
1,170 00

8,200 00
1,220 00

8,200 00
1,220 00

850 39

353 32

1,485 93

3,795 10

3,237 90
5,308 46

10,785 51
6,164 15

15,567 92
24,220 45

7,977 80
7,097 51
8,311 21

11,782 00
8,000 00

10,858 00
8,000 00

10,745 00
9,000 00

10,930 00
9,000 00

11,737 00
10,000 00

5,115 00

3,120 00

3,985 00

4,805 00

2,075 00

2,711 78

2,977 70

2,701 00

3,921 00

2,557 30

227 40

268 45

337 30

3,061 45

2,278 43

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

$366,439 66

$359,145 63

$50,000 00
3,500 00
9,546 20

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


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

11,196 16
11,534 76
6,009 86

Silver coin:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Checks and other cash ite m s ...........

Liabilities.
G apital stock paid i n ..........................
Surplus f u n d ......................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ....................................................
Dividends u n p a id ...............................
Commercial deposits subject to
ch e c k .................................. ...............
Commercial certificates of d ep o sit. .
Certified ch eck s...................................
Cashier’s checks o u tsta n d in g ...........
State monies on d ep osit...................
Due to banks and b a n k e rs...............
Savings dep o sits..................................
Savings certificates of dep o sit.........
Reserved for taxes, interest, e tc ..
Notes and bills red iscounted...........
Bills p a y a b le ........................................

5,327 80

84,932
55,944
7
7
10,000
38
152,462

95
34
62
00
00
73
82

373 95

231 17

13,332 86

208 73

$360,282 98

$414,948 43

$389,049 75

$50,000 00
4,000 00

$50,000 00
4,000 00

$50,000 00
4,000 00

$50,000 00
4,000 00

5,347 73
252 00

6,168 08
60 00

10,800 45

9,458 73

70,730 86
48,185 09
527 62

72,829 58
48,935 89
60 37

113,451 85
49,739 35
257 62

92,676 65
43,162 89
107 82

10,000 00

10,000 00

10,000 00

10,000 00

160,102 33

168,229 06

176,699 16

179,643 66

$360,282 98

$414,948 43

$389,049 75

10,000 00
$366,439 66

$359,145 63

STATE BANKING DEPARTMENT.

142

No. 295.
EVART SAVINGS BANK, EVART, MICHIGAN.
Organized A ugust 2, 1904.
F r a n k S. P o s t a l , P r e s id e n t ; E. C. C a n n o n , V ic e P r e s id e n t ; J. R. P o s t a l , C a s h ie r ;
H. W. P r o c t o r , A s s i s t a n t C a s h ie r .
D i r e c t o r s .— F rank S. Postal, William L atta, Geo. F. Andrus, E. C. Cannon, William E. Davis, Hugh

Alexander,

David

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d ep artm en t......................
Bonds, m ortgages and securities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Prem ium acco u n t...............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
Banking h o u se................................. .
F urniture and fix tu res.....................

Wolf,

William

Munroe,

F red

Postal.

R eport of
R eport of
R eport of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$88,902 55

$92,805 66

$93,080 98

$92,322 85

$89,978 83

71,170 00

75,790 00

75,845 50

72,745 50

3,150 00
72,919 50

83 92

34 64

7 59

32 60

26 68

8,800 00
2,405 00

8,800 00
2,475 00

8,800 00
2,475 00

8,800 00
2,351 25

8,800 00
2,351 25

15,118 92
8,600 55

6,123 90
8,451 64

5,349 16
8,980 92

8,068 96
6,635 66

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 bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d ep artm en t.......................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
U. S. and National bank currency:
Commercial d e p artm en t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................

.

10,154 18
6,631 30

656 98
6,887 00
700 00

8,335 00
400 00

7,443 00
110 00

10,024 00
1,890 00

9,488 00
2,000 00

15 00
4,300 00

152 50
4,600 00

4,890 00

5,110 00

215 00
5,000 00

942 50

328 80

959 95

765 25

737 45

104 43

Silver coin:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Nickels and cents:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Checks and other cash ite m s...........

376 78

342 03

431 58

453 39

234 59

667 16

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

$208,755 61

$208,873 76

$209,040 84

$209,507 48

$212,435 02

$30,000 00
3,000 00

$30,000 00
5,000 00

$30,000 00
5,000 00

$30,000 00
5,500 00

$30,000 00
5,500 00
2,054 13

180 53
802 30

Liabilities.
Capital stock paid i n .......................
Surplus fu n d ........................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................
Dividends u n p a id ..............................
Commercial deposits subject to
check .................................................
Commercial certificates of dep o sit.
Certified ch eck s..................................
Cashier’s checks o u tstan d in g ..........
State monies on d ep o sit...................
Due to banks and b a n k e rs...............
Savings deposits.................................
Savings certificates of dep o sit........
Reserved for taxes, interest, etc. .
Notes and bills rediscounted...........
Bills p a y a b le .......................................

4,226 41

1,192 28

2,089 62

1,544 83

23,254 17
' 61,585 83

25,548 16
57,522 70

17,135 44
59,794 59

21,887 38
57,841 65

667 21

572 06

820 58
7,500 00

235 50
2,500 00

64,990 61
21,031 38

64,922 66
24,115 90

53,827 21
32,873 40

57,926 94
32,071 18

58,553 94
30,824 18

T o tals............................................

$208,755 61

$208,873 76

$209,040 84

$209,507 48

$212,435 02


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

26,194
54,712
2,000
95
2,500

54
80
00
43
00

STATE BANKS OF MICHIGAN.

143

No. 152.

I

F IR S T STATE SAVINGS BANK OF EVART.
Organized F ebruary 17, 1893.
V. R . D a v y , P r e s id e n t ; V . E . L a c y , V ic e P r e s id e n t ; G e ö . A. G l e r u m , C a s h ie r ;
H a r r y D a y , A s s i s t a n t C a s h ie r .
D ir e c t o r s .— V. R. Davy, V. E. Lacy, Wm. Rogers, J. W. Matthews, G. E. Brandeberry, O. L. Millard

J. S. Edw ards, Geo. A. Glerum, A. H. Rose, F red B. Smith.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d ep artm en t......................
Bonds, mortgages and securities:
Commercial d e p a rtm e n t...............
Savings d ep artm ent.......................
Premium acco u n t...............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
Banking h o u se....................................
F urniture and fixtures ...................
Other real e s ta te ................................
Due from other banks and bankers,
not reserve cities...........................
Ttems in tr a n s it..................................
U nited States bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d ep artm en t.......................
Exchanges for clearing house:
Commercial d ep artm en t...............
Savings d ep artm ent.......................
U. S. and N ational bank currency:
Commercial d e p artm en t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d e p artm en t...............
Savings d ep artm en t.......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d ep artm en t.......................
Checks and other cash ite m s...........
T o tals............................................
Liabilities.
Capital stock paid i n .......................
Surplus fu n d ........................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................
Dividends u n p a id ..............................
Commercial deposits subject to
check .................................................
Commercial certificates of deposit.
Certified checks ................................
Cashier’s checks o u tstan d in g ..........
State monies on d ep o sit...................
Due to ha.nks and b an k ers...............
Savings deposits.................................
Savings certificates of deposit.........
"Reserved for taxes interest, p tc . .
Notes a,nd hills rediscounted..........
Bills p a y a b le .......................................
T o tals............................................


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

R eport of
R eport of
R eport of
Report of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$158,826 15
56,203 88

$192,948 98
30,945 48

$194,397 87
26,061 79

$195,594 37
25,205 78

$198,898 06
28,900 41

101,668 72

100,046 62

98,901 89

97,345 69

91,424 97

1,332 35

1,257 51

1,434 78

1,170 41

874 08

11,200 00
3,655 52

11,200 00
3,655 52

11,200 00
3,655 52

11,200 00
3,655 52

11,200 00
3,655 52

4,136 27

4,136 27

11,108 77

11,108 77

11,108 77

20,401 87
19,006 44

22,903 75
20,704 58

28,462 62
16,412 87

24,722 01
16,458 34

14,639 79
16,200 30

1,389 91

331 55

342 44

2,136 04

516 27

7,994 00
1,200 00

8,389 00
230 00

8,610 00

7,930 00

8,052 00
730 00

8,097 50

55 00
8,000 00

1,065 00
7,000 00

1,090 00
7,545 00

1,795 00
7,000 00

2,057 95
504 60

1,854 80

1,941 30
179 00

2,077 40
4 00

2,438 60
20

403 46
20 54

460 83
3 96
723 60

479 11
13

425 23
12
69 96

384 82
04
102 73

$398,099 16

$407,847 45

$411,253 09

$407,738 64

$397,921 56

$50,000 00
10,000 00

$50,000 00
10,000 00

$50,000 00
10,000 00

$50,000 00
10,000 00

$50,000 00
10,000 00

1,943 82

1,786 86

4,498 05

1,546 29
1,500 00

2,025 77

70,017 75
79,435 91

79,961 13
106,168 82

95,227 64
95,47112

94,106 36
101,527 06

87,138 55
102,001 32

7,500 00

2,500 00

2,500 00

132,600 32
54,101 36

138,743 59
21,187 05

137,964 90
10,590 78

141,055 13
5,503 80

141,970 18
2,285 74

$398,099 16

$407,847 45

$411,253 09

$407,738 64

$397,921 56

144

STATE BANKING DEPARTMENT.
No. 460.
*THE FARM INGTON EXCHANGE BANK, FARM INGTON.
Organized Septem ber 12, 1910.
F r e d M. W a r n e r , P r e s id e n t ;

S

a m u e l

,

D. H o l c o m b ,

V ic e P r e s id e n t ;

C. W. W i l b u r ,

C a s h ie r .

D i r e c t o r s . —Samuel D. Holcomb, F red M. W arner, M. Byron Pierce, H arry N. McCracken.

Clinton W. Wilbur.

Resources.

R eport of
R eport of
R eport of
Report of
Report of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds, mortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
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..................................
United S tates bonds:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
U. S. and N ational b ank currency:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Gold coin:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Checks and other cash ite m s...........
T o ta ls............................................
Liabilities.
Capital stock paid i n .......................
Surplus fu n d ......................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................
Dividends u n p a id ..............................
Commercial deposits subject to
ch e c k .................................................
Commercial certificates of d ep o sit..
Certified ch eck s..................................
Cashier’s checks o u tsta n d in g ..........
State monies on d ep o sit...................
Due to banks and b a n k e rs...............
Savings d eposits.................................
Savings certificates of d ep o sit........
Reserved for taxes, interest, e t c . ..
Notes and bills rediscounted...........
Bills p a y a b le .......................................
T o tals............................................
...................... 1.......................
♦Commenced business October 1, 1910.


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

STATE BANKS OF MICHIGAN.

145

No. 215.
T H E OLD STATE BANK, FE N N V ILL E .
Organized June 1, 1899.
L . S. D i c k i n s o n , P r e s id e n t ; C. E. H u t c h i n s o n , V ic e P r e s id e n t ; J . E. H u t c h i n s o n , 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 r e c t o r s .— L. S. Dickinson, J. E. H utchinson, W. J. H utchinson, C. E. H utchinson, May H utchinson.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds, m ortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
Banking h o u se....................................
F urniture and fix tu res.....................

R eport of
R eport of
R eport of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, MO. Sept. 1, ’10.

$34,853 19
8,862 07

$29,224 96
9,049 68

$31,284 98
10,162 51

$34,244 58
19,492 87

$35,630 90
17,634 69

44,009 66

45,411 66

46,381 66

34,819 66

2,000 00
34,424 66

2,128 08

292 48

684 05

759 24

2,080 22

6,000 00
1,758 40

6,000 00
1,758 40

6,000 00
1,758 40

6,000 00
1,758 40

250 48
6,000 00
1,758 40

Other real e s ta te ................................
Due from other banks and bankers,
nqt reserve cities...........................
Item s in tr a n s it..................................
U nited States bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
S a v in g s d e p a r t m e n t ......................
Exchanges for clearing house:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
U. S. and National bank currency:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Checks and other cash ite m s . . . . . .
T o tals............................................

212 50

21,181 83
22,128 84

19


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

2,905 10
4,516 69

7,537 60
3,280 73

13,452 96
2,285 73

1,500 00
3,983 00
4,300 00
1,385 00
172 25
77 25

1,822 00
4,400 00

2,145 00
2,000 00

1,083 00
2,500 00

2,000 00
1,003 00

1,320 00

520 00
1,000 00

1,010 00
1,050 00

1,300 00
770 00

179 35
300 00

216 65
210 00

44 90
200 00

700 00
133 60

3 47

48 40

43 01

4 48

709 66

139 94

25 38
2 67
127 53

1 25
10 36
501 03

$150,847 52

1123,687 46

$111,680 49

$113,936 56

$122,013 28

$15,000 00
3,000 00

$15,000 00
?,000 00

$15,000 00
3,000 00

$15,000 00
3,000 00

1,433 78

980 60

89 62

33,188 95

26,919 36

28,501 01

36,751 24

71,064 73

65,780 53

61,345 93

56,262 04

6,000 00

11,000 00

$123,687 46

$111,680 49

$113,936 56

$122,013 28

Liabilities.
Capital stock paid i n .........................
$15,000 00
Surplus fu n d ........................................
3,000 00
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................
753 52
Dividends u n p a id . . . . : ...................
Commercial deposits subject to
ch eck .................................................
56,603 72
Commercial certificates of d ep o sit. .
Certified ch eck s..................................
Cashier’s checks o u tstan d in g ...........
State monies on deposit................... *
Due to banks and b an k ers...............
Savings d eposits.................................
Savings certificates of deposit........
75,490 28
Reserved for taxes, interest, etc. .
Notes and bills rediscounted...........
Bills p ay ab le........................................
T o tals............................................

12,929 57
10,241 30

76 00

$150,847 52

STATE BANKING DEPARTMENT.

146

No. 209.
T H E COMMERCIAL SAVINGS BANK OF FENTO N, FENTO N.
Organized October 1, 1898.
E.

p . F o r t e , P r e s id e n t ;

L. E. B e c k e r ,

V ic e P r e s id e n t ;

E. M. N e w e l l ,

C a s h ie r .

D i r e c t o r s .— E. C. Forte, E. M. Newell, Z. P atterson, L. E. Becker, E. N. Stiles.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Bonds, m ortgages and securities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
R anking ho 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 States bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Exchanges for clearing house:
Commercial d e p artm en t...............
Savings d ep artm en t.......................
U. S. and National bank currency:
Commercial d e p artm en t...............
Savings d ep artm en t.......................
Gold coin:
Commercial d e p artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Checks and other cash ite m s...........
T o tals............................................
Liabilities.
Capital sto rk paid i n .......................
Surplus f u n d ........................................
Undivided profits, less losses, cur­
rent 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..
Certified ch eck s................... ..............
Cashier’s checks o u tstanding...........
S tate monies on d ep o sit...................
Due to banks and b an k ers...............
Savings deposits.................................
Savings certificates of dep o sit........
Reserved for taxes, interest, e t c . ..
Notes and bills redisco unted...........
Bills p a y a b le .......................................
T o tals............................................


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

R eport of
R eport of
R eport of
R eport of
Report of
Nov. 16, '09. Jan. 31, '10. Mar. 29, ’10. June 30, ’10. Sept. 1, '10.

$73,649 25
39,875 78

$77,938 61
. 46,625 69

$75,805 17
51,724 93

$82,549 19
52,076 86

$76,678 44
50,642 17

112,301 85

112,528 72

106,063 72

116,741 05

114,007 10

71

587 83

94 46

4.000 00
1.000 00

4.000 00
1.000 00

4.000 00
1.000 00

4.000 00
1.000 00

4.000 00
1.000 00

3,319 00

2,323 38

6,997 62

7,567 50

3,609 42

19,929 24
20,000 00

24,945 51
23,073 97

37,601 49
28,125 61

29,332 56
28,000 00

21,061 56
36,811 64

6,315 00
6,020 00

8,941 00
5,675 00

6,230 00
7,000 00

6,513 00
7,000 00

6,148 00
7,000 00

3,980 00

4,325 00

4,430 00

4,092 50

4,312 50

1,120 50

825 30

1,067 50

1,571 35

1,864 30
687 50

323 52

179 16

189 71

203 07

134 61

43 62

204 60

107 78

46 91

58 71

$291,878 47

$313,173 77

$330,437 99

$340,693 99

$328,037 01

$25,000 00
5,000 00

$25,000 00
5,000 00

$25,000 00
5,000 00

$25,000 00
5,000 00

$25,000 00
5,000 00

3,332 23

367 73

2,899 76

002 93
1,500 00

2,451 57

28,510 79
41,731 25

35,394 28
51 756 44

44,133 10
51,512 77

47,059 21
44,546 66

32,700 94
49,423 59

188,304 20

195,655 32

201,892 36

216,985 19

213,460 91

$291,878 47

$313,173 77

$330,437 99

$340,693 99

$328,037 01

21 06

STATE BANKS OF MICHIGAN.

147

No. 384.
FEN TO N STATE SAVINGS BANK, FENTO N.
Organized Septem ber 26, 1907.
L e o n a r d F r e e m a n , P r e s id e n t ; F r e d W e l c h , V ic e P r e s id e n t ; F . H . H it c h c o c k , C a s h ie r .
D i r e c t o r s .— C. J. Campbell, L. M. Cook, Leonard Freem an, L. L. H oltforth, F. H. Hitchcock,

H.

Resources.

Loans and discounts:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Bonds, m ortgages and securities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
B anking 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. . . : ...................
Ttems in tr a n s it..................................
U nited States bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d e p artm en t...............
Savings d e p a rtm e n t......................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
U. S. and National bank currency:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Nickels and cents:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Checks and other cash ite m s...........
T o tals............................................
Liabilities.
Capital stock paid i n .......................
Surplus fu n d ........................... ............
Undivided profits, less losses, cur­
rent expenses, interest and taxes
paid
...............................................
Dividends u n p a id ...............................
Commercial deposits subject to
check ...............................................
Commercial certificates of deposit.
Certified ch eck s..................................
Cashier’s checks o u tstan d in g ...........
State monies on d ep o sit...................
Due to banks and b an k ers...............
Savings d ep o sits.................................
Savings certificates of d ep o sit........
Reserved for taxes, interest, e tc . . .
Notes and bills rediscounted...........
Rills p ay ab le........................................
T o tals......................................


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

J. Phillips, Fred Welch.

R eport of
R eport of
R eport of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$67,548 82
6,500 00

$48,037 12
26,330 66

$54,083 34
29,916 41

$49,160 72
35,548 19

$42,372 26
45,550 45

3,000 00
99,897 14

5,000 00
101,001 07

4,000 00
101,952 01

4,000 00
104,627 61

4,000 00
105,893 11

69 16

112 96

50 13

1,035 39

36 44

4,500 00
1,495 35

4,500 00
1,495 35

4,500 00
1,495 35

4,500 00
1,495 35

4,500 00
1,495 35

520 00

1,200 00

1,110 00

295 97

5,224 32
9,532 05

5,155 39
16,707 48

8,440 84
16,481 14

4,256 34
14,742 70

8,694 11
11,874 19

1,023 00
9,055 00

1-, 457 00
7,320 00

2,500 00
5,729 00

1,449 00
7,500 00

8,732 00

795 00

1,680 00

2,225 00

1,970 00

552 00
1,768 00

1,000 00
150 00

1,090 00

860 00

835 00
530 00

1,455 00

249 65

282 10

329 22

269 88

236 52

246 38

78 35

24 27

100 00

57 15

$210,805 87

$221,447 48

$232,586 71

$233,130 18

$237,512 55

$25,000 00

$25,000 00
250 00

$25,000 00
250 00

$25,000 00
1,250 00

$25,000 00
1,250 00

1,318 32

103 76

1,763 95

289 74
1,000 00

1,110 12

39,445 48
365 37

43,775 33
365 37

54,015 54
221 00

39,653 86

42,526 28

110,648 86
34,027 84

114,338 50
37,614 52

113,273 67
38,062 55

120,859 69
45,076 89

114,274 55
53,351 60

$210,805 87

$221,447 48

$232,586 71

$233,130 18,

$237,512 55

STATE BANKING DEPARTMENT.

148

No. 101.
T H E C IT IZ E N S’ COMMERCIAL AND SAVINGS BANK, FL IN T.
Organized A ugust 4, 1890.
R. J. W h a l e y ,

P r e s id e n t;

Geo . 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 s h ie r .

D i r e c t o r s .— R. J. W haley, Alex. M cFarlan, J. H. W hiting, J. E. Burroughs, D. D. Aitken, Geo. W.

H ubbard, M. E phriam , Ed. S. Lee, Chas. L. B artlett, F. D. Buckingham, Thomas Doyle, H. W.
W atson.
Resources.

Loans and discounts:
Commercial d e p a rtm e n t...............
Savings departm ent ...................
Bonds, mortgages and securities:
Commercial d ep artm en t...............
Savings d ep artm en t.......................

R eport of
Report of
R eport of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, '10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

$460,872 59

$504,782 16

$512,058 68

$537,360 78

$507,982 61
40,000 00

131,561 00
650,402 01

102,061 00
652,394 54

102,061 00
631,124 31

52,311 00
6^7,767 52

49,811 00
681,351 50

5,937 01
3,031 41

5,937 01
3,067 43

5,937 01
2,245 44

5,937 01
1,396 35

5,937 01
1,108 62

26,000 00

20,000 00

26,000 00

26,000 00

26,000 00

6,728 80

6,728 80

6,728 80

6,660 20

6,660 20

86,891 89
70,000 00

100,211 53
80,000 00

163,971 97
140,000 00

21,158 11
95,306 01

58,718 18
72,363 02

2,575 29

4,209 49

2,009 61

7,368 14

4,770 46

20,276 31
38,060 69

6,777 00
30.000 00

67,524 63
25.000 00

18,475 00
22,000 00

8,522 40
30.000 00

7,640 00
10,000 00

9,977 50
17.000 00

20,975 00
10.000 00

6,550 00
35,000 00

17,415 00
10.000 00

7,704 10

2,436 68
734 12

2,197 06
3,092 54

1,859 93
7,428 00

1,271 50
1,800 00

309 95
10 05
517 50

691 25
38 30
208 75

T otals............................................ $1,537 689 60 $1,554,261 97 $1,722,859 14 $1,533,415 55

$1,524,649 80

Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings.........................
■Ranking h o u se....................................
F u rn itu re and fixtures......................
Other real e s ta te ................................
Due from other banks and bankers,
not, reserve c ities............................
Ttems in tran sit ................................
U nited States bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
U. S. and National Bank currency:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Gold coin:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Silver coin:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Nickels and cents:
Commercial d e p a rtm e n t...............
Savings dep artm ent.. ....................
Checks and other cash ite m s...........

Liabilities.
Capital stock paid in .........................
Surplus fu n d ........................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................
Dividends u n p a id ..............................
Commercial deposits subject to
check .................................................
Commercial certificates of deposit.
Certified ch eck s...................................
Cashier’s checks o u tstanding...........
State, monies on d ep o sit...................
Due to banks and b an k ers...............
Savings deposits.................................
Savings certificates of dep o sit.........
Reserved for taxes, interest, e tc . . .
Notes and bills rediscounted...........
Bills p ay ab le........................................

8,897 17

314 21

420 77

461 20

797 12

1,523 94

1,471 89

$150,000 00
75,000 00

$150,000 00
75,000 00

$150,000 00
75,000 00

$150,000 00
80,000 00

$150,000 00
80,000 00

39,509 22
120 00

39,818 85
300 00

46,812 43
300 00

31,994 15
6,220 00

39,006 79
140 00

499,170 20
4,442 76
45 00

502,964 52
5,110 22

636,136 49
3,728 65
725 00

404,984 83
1,765 27

406,450 31
2,560 16

939 72
412,833 72
355,628 98

939 72
405,284 69
374,843 97

939 72
402,633 99
406,582 86

10,000
939
449,112
398,399

10,000
939
420,521
415,031

00
72
29
29

T o tals............................................ $1,537,689 60 $1,554,261 97 $1,722,859 14 $1,533,415 55


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

00
72
14
68

$1,524,649 80

\

149

STATE BANKS OF MICHIGAN.
No. 23.
G EN E SEE COUNTY SAYINGS BANK, FL IN T.
Organized May 1, 1872.
Corporate existence extended April 25, 1902.
J. C. W i l l s o n ,

H. C. S p e n c e r , V ic e P r e s id e n t ; A. G. B i s h o p , C a s h ie r ;
J. 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 .— J. C. Willson, W. W. Crapo, A. G. Bishop, W. C. Orrell, J. D. D ort, H. C. Spencer,
J. H. Crawford, G. C. Willson, C. S. Mott.
P r e s id e n t ;

Resources.

Loans and discounts:
Commercial depa/rtm ent...............
Savings depa/rtm ent......................
Bonds, mortgages and securities:

Report of
R eport of
R eport of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, TO. Mar. 29, TO. June 30, TO. Sept. 1, TO.

$552,047 34
520,409 76

Savings d ep artm en t.......................

129,802 55
780,704 65

Prem ium account
...................
Overd ra fts............................................
Expenses, interest and taxes paid,

2,482 68

"Ranking house

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

$746,091 86
387,717 56

$702,136 21
452,671 96

$658,198 87
517,081 45

973,998 77 1,028,950 83

1,102,815 16

1,057 195 31

1,514 18

18,710 89

3,386 77

$703,473 51
358,544 19

2,398 78

•
7,823 35

Other real estate ..............................
Due from other banks and bankers,
20,837 25

20,913 58

31,435 03

26,447 14

12,263 88

Due from banks in reserve cities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............

149,268 41
86,416 66

21,160 03
146,348 73

31,616 08
94,948 99

39,649 47
153,842 63

32,249 77
140,604 50

4,271 08
2,658 07

4,327 18

5,334 54

3,069 18

9,226 80

U. S. and National bank currency:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Gold coin:

41,038 00
38,078 00

25,984 87
65.000 00

14,030 00
56,245 00

37,070 00
90,000 00

27,793 00
52,330 00

16,975 00
10,000 00

5,637 50
25.000 00

21,445 00

5,220 00
2,380 00

6,500 00

6,050 00
2,300 00

493 60

151 54
10 00
1,322 14

Ttems in tran sit ................................
U nited States bonds:
Savings d epartm ent
...............

Savings department,
Silver coin:
Commercial d e p a rtm e n t...............
Nickels and cents:
Commercial depa.rtm ent...............

28,370 00
10,100 00

37,670 00
9,000 00

128 27

123 45

1,216 04

2,216 80

T o tals............................................ $2,372,730 78 $2,360,899 17 $2,429,162 75 $2,666,226 95

$2,559,340 60

Checks a-nd other cash ite m s...........

Liabilities.
Capital stock paid i n .......................
Surplus fu n d ........................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
paid ...............................................
"Dividends nnpa.id
...................
Commercial deposits subject to
check ...............................................
Commercial certificates of deposit.
Ce rt ¡tied ch eck s..................................

72 25
53 00
2,132 73

1,118 43

$100,000 00
200,000 00

$100,000 00
200,000 00

$100,000 00
200,000 00

$100,000 00
200,000 00

$100,000 00
200,000 00

10,700 39

16,436 88

26,811 74

25,000 00
4,000 00

33,084 74
28 00

517,729 09
13,357 86
150 00

444,730 10
11,832 63
20,213 12

409,934 39
22,281 99
1,875 00

525,312 38
13,418 12
254 46

421,423 96
8,496 36
712 30

State monies on d ep o sit...................
Due tr> hanks and h a n k e rs...............
Savings deposits................................. 1,145,499 63
385,293 81
Savings certificates of dep o sit.........

5,000 00

10,000 00

1,171,256 56
396,429 88

1,238,722 46
424,537 17

1,339,147 12
449,094 87

Rills payable

10,000
101,334
1,279,103
405,156

00
94
52
78

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

T o tals............................................ $2,372,730 78 $2,360,899 17 $2,429,162 75 $2,666,226 95


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

$2,559,340 60

STATE BANKING DEPARTMENT.

150

No. 431.
T H E IN D U ST R IA L SAVINGS BANK, FL IN T.
Organized May 8, 1909.
C. S. M o t t ,

P r e s id e n t ;

C. W. N a s h ,

V ic e P r e s id e n t ; G r a n t

J. B r o w n ,

C a s h ie r .

D i r e c t o r s .— C. S. M ott.'C. W. Nash, G rant J. Brown, C. T. Bridgm an, D. D. Aitken, Geo. C. Willson,

Fred Weiss, S. S. Stewart, A. H. Goss.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d ep artm en t......................
Bonds, mortgages an d securities:
Commercia1 d e p a rtm e n t...............
Savings d ep artm en t.......................
Prem ium acco u n t...............................
O verdrafts............................................
Expenses, interest and taxes paid,
exceeding earnings............ ............
B anking h o u se....................................
F u rn itu re 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 S tates bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t...............
Savings d ep artm en t.......................
Exchanges for clearing house:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
U. S. and N ational bank currency:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t......................
Silver coin:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Nickels and cents:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Checks and other cash ite m s...........
T o tals............................................
Liabilities.
Capital stock paid i n .......................
Surplus fu n d ........................................
U ndivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................
Dividends u n p a id ...............................
Commercial deposits subject to
ch eck .................................................
Commercial certificates of deposit.
Certified ch eck s..................................
Cashier’s checks o u tstan d in g ...........
State monies on d ep o sit...................
Due to banks and b a n k e rs...............
Savings deposits.................................
Savings certificates of deposit.........
Reserved for taxes, interest, e tc ..
Notes and bills rediscounted...........
Bills p a y a b le .......................................
T o tals............................................


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

R eport of
R eport of
R eport of
R eport of
Report of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, ’10. June 30, ’10. Sept. 1, ’10.

148,282 39
1,077 00

$71,487 02
1,609 00

$83,060 37
1,540 00

$102,551 20
1,435 00

$80,558 40
1,365 00

22,989 60

27,320 60

30,746 60

44,020 32

46,512 90

352 46

23 47

194 83

122 92

126 36

362 21
7,462 00
999 72

8,957 37
3,394 10

8,988 87
3,419 24

11,808 02
3,491 29

11,945 11
3,559 45

4,113 86

9,990 16
3,132 48

148 26

10,891 48
8,940 13
53 00

260 00

15,461 31
6,545 54
10,625 41

4,043 49
11,907 76

5,081 66
8,556 66

680 98

2,725 89

11,397 00
1,400 00

1,794 00
1,000 00

1,554 00

18,242 00
12,500 00

54,134 00
10,000 00

2,420 00

490 00
700 00

545 00
2,000 00

1,360 00

1,322 50

1,305 95
20 00

854 15
1,033 00

1,528 20

1,462 25
270 00

3,153 20
535 95

205 54
9 04

24 24
18

112 06

66 65
21 92

138 06

13 89
8116,119 41

$138,720 00

$166,335 32

$214,243 80

$229,715 14

$45,673 00
9,131 00

$50,000 00
10,000 00

$50,000 00
10,000 00

$50,000 00
10,000 00

$50,000 00
10,000 00

75 22

142 53

2,500 00

3,746 97

32,087 29

38,041 87

44,735 24

76,588 80

93,997 66

10,000 00

5,000 00

5,000 00

17,833 78
11,394 34

26,237 42
14,365 49

37,996 93
13,460 62

. 57,155 04
12,999 96

46,484 26
20,486 25

$116,119 41

$138,720 00

$166,335 32

$214,243 80

$229,715 14

151

STATE BANKS OF MICHIGAN.
No. 165.
' T H E U NIO N TRU ST AND SAVINGS BANK, FL IN T.
Organized Ju ly 11, 1893.
C. T. B r id g m a n ,

W. A. P a t e r s o n , V ic e P r e s id e n t ; M. D a v is o n , C a s h ie r ;
L . H. B r id g m a n , A s s i s t a n t C a s h ie r .

P r e s id e n t;

D i r e c t o r s — C. T. Bridgm an, W. A. Paterson, M. Davison, W. E. Bram an, W. F. Stewart,

F. H. R ankin, Geo. W. Cook, W. H. 'Edwards, A. M. Davison.

Resources.

Loans and discounts:
Commercial d ep artm en t.............
Savings d e p a rtm e n t....................
Bonds, m ortgages and securities:
Commercial d ep artm en t.............
Savings d e p a rtm e n t....................
Prem ium a c c o u n t...............................
O verdrafts.............................................
Expenses, interest and taxes paid.
exceeding earnings.........................
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 cities............................
Item s in tr a n s it..................................
U nited S tates bonds:
Savings d e p a rtm e n t......................
Due from banks in reserve cities:
Commercial d ep artm en t.............
Savings d e p a rtm e n t....................
Exchanges for clearing house:
Commercial d ep artm en t.............
Savings d e p a rtm e n t....................
U. S. and National bank currency:
Commercial d ep artm en t...............
Sayings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d e p a rtm e n t.................... ..
Silver coin:
Commercial d e p a rtm e n t...
Savings d e p a rtm e n t...........
Nickels and cents:
Commercial d e p a rtm e n t...
Savings d e p a rtm e n t...........
Checks and other cash ite m s.
Totals.

R eport of
R eport of
Report of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, TO. June 30, TO. Sept. 1, TO.

$505,872 68
128,014 86

$447,645 01
112,035 17

$471,511 06
133,156 01

$447,990 40
118,230 41

$491,244 42
127,507 74

1,192,653 50

1,169,094 73

1,185,551 79

1,200,933 16

1,185,377 73

2,632 44

245 04

16 88

18,265 86

86 86

22,000 00

22,000 00

22,000 00

22,000 00

6,500 00

22,000 00

6,500 00

6,500 00

6,500 00

18,950 00

16,076 00

16,000 00

13,400 00

13,400 00

771 28
6,311 00

2,929 00

5 !395 25

7^280 76

L 684 25

28,301 59
55,538 51

33,035 85
188,266 81

30,924 46
101,336 97

31,920 78
153,556 31

22,497 00
144,041 99

1,869 82

4,415 40

17,192 30

9,928 43

1,408 27

5,241 00
96.000 00

7,134 50
50.000 00

7,242 00
90.000 00

8,105 00
80,000 00

17,973 00
60,000 00

7 50
24.000 00

20.000 00

2,707 50

14,230 00

6,100 15
5,000 00

1,042 11

7,902 55

336 29

334 12

226 28

623 62

465 45

èiàài'èè

7,000 00

1,156 19
$2,107,756 81

Liabilities.
$100,000 00
Capital stock paid i n ...................
70,000 00
Surplus fu n d ..................................
Undivided profits, less losses, cur­
rent expenses, interest and taxes
23,731 57
p a id .............................................
25 00
Dividends u n p a id ........................
Commercial deposits subject to
309,225 47
ch eck .................................................
11,684 98
Commercial certificates of dep o sit..
460 00
Certified ch eck s..................................
Cashier’s checks o u tsta n d in g ...........
State monies on deposit...................
15,801 70
Due to banks and b a n k e r s ...............
Savings deposits................................. 1,057,870 74
518,957 35
Savings certificates of d e p o sit.........
Reserved for taxes, in terest, e t c . .
Notes and bills rediscounted...........
Bills p ay ab le........................................
T o ta ls............................... ............ $2,107,756 81


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

10.000 00

2,825 00

4,490 00
20,000

00

6,356 30

20,000

00

7,717 35
884 50
.......LÌ7817

,091,461 24 ¡$2,119,651 00 $2,152,962 69

$2,129,326 28

$100,000 00

$100,000 00

$100,000 00

75,000 00

80,000 00

$ 100,000 00

75,000 00
14,134 37
105 00

21,843 57
80 00

12,259 43
5,000 00

19,112 02
25 00

331,987 62
9,150 19

335,519 02
11,020 70
1,050 00

331,180 37
5,655 18
250 00

285,478 09
3,407 12
50 00

80,000 00

5,000 00

10,000 00

10,000 00

1,045,662 69
497,137 39

1,062,504 39
505,642 13

1,109,612 61
499,005 10

1,051,087 85
481,861 42

18,283 98

1,991 19

2,091,461 24

2,119,651 00 $2,152,962 69

48,304 78
50,000 00
2,129,326 28

152

STA TE BAN KING D EPA R TM EN T.
No. 126.
T H E F IR S T STATE AND SAVINGS BANK OF FLU SH IN G , FLUSH IN G.
Organized N ovember 28, 1891.
F r a n k l i n A. N i l e s , P r e s id e n t ; J a c o b K im m e l l , V ic e P r e s id e n t ; F r e d D . S a y r e , C a s h ie r .
D i r e c t o r s — F . A. Niles, Ida Packard, Jacob Kimmell, Jas. M. Greenfield, F . D . Sayre.

Resources.

Loans and discounts:
Commercial d e p a rtm e n t.............
Savings d ep artm en t....................
Bonds, mortgages and securities:
Commercial d ep artm en t............
Savings d ep artm en t.....................
Prem ium a c c o u n t..............................
O verdrafts............................................
Expenses, interest and taxes paid
exceeding earnings.........................
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 i t ..................................
United S tates bonds:
Savings d ep artm en t.......................
Due from banks in reserve cities:
Commercial d e p a rtm e n t.............
Savings d ep artm en t.....................
Exchanges for clearing house:
Commercial d e p a rtm e n t.............
Savings d ep artm en t.....................
U. S. and National bank currency:
Commercial d e p a rtm e n t.............
Savings d ep artm en t.....................
Gold coin:
Commercial d e p a rtm e n t.............
Savings d ep artm en t.....................
Silver coin:
Commercial d e p a rtm e n t. . .
Savings d ep artm en t............
Nickels and cents:
Commercial d e p a rtm e n t. . .
Savings d ep artm en t............
Checks and other cash ite m s.
Totals.
Liabilities,
Capital stock paid in . - ......... ..........
Surplus fu n d ........................................
U ndivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................
Dividends u n p aid ...............................
Commercial deposits subject to
ch e c k .................................................
Commercial certificates of dep o sit.
Certified ch eck s..................................
Cashier’s checks o u tstan d in g ........
S tate monies on d ep o sit...................
Due to banks and b a n k e rs...............
Savings deposits...................................
Savings certificates of d ep o sit........
Reserved for taxes, interest, e t c . ..
Notes and bills rediscounted. . . .
Bills p ay ab le....................................
Totals.


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

R eport of
R eport of
R eport of
Report of
Report of
Nov. 16, ’09. Jan. 31, TO. Mar. 29, TO. June 30, TO. Sept. 1, TO.

$15,490 53
50,488 55

$10,545 89
58,844 97

$17,545 21
50,418 39

$17,034 81
62,399 14 '

$18,270 00
63,317 03

57,423 78
157,880 00

54,155 00
152,122 08

52,530 00
164,117 43

52,455 00
166,377 43

40,405 00
175,727 43

2,700 00
1,860 00

2,700 00
1,860 00

2,700 00
1,860 00

2,700 00
1,860 00

2,700 00
1,860 00

366 76
694 50

897 21
5,022 62

341 76
3,185 91

3,143 40

84 13
6,234 66

1,032 29
27,238 48

3,490 91
55,536 68

20,023 77
27,266 87

3,944 92
23,122 53

2,686 60
21,110 25

1,500 00
2,541 00

1,187 00

4,000 00
2,382 00

2,000 00

3,969 00

3,000 00
3,200 00

7,895 00

4,000 00
4,060 00

1,230 00

8,380 00

8,320 00

13
945 32

581 00
1,000 55

1,000 00

921 70

1,163 20

215 85
358 23

216 68
3,080 56

152 61
1,699 09

263 73
3,867 28

97 34
109 24

$328,479 51

$365,665 05

1,034 59

$353,438 94

,284 88

$27,500 00
19,000 00

$27,500 00
19,500 00

$27,500 00
19,500 00

$27,500 00
20,500 00

$27,500 00
20,500 00

2,285 95

1,194 41

2,950 29

556 59
62 50

1,032 19

18,578 68
515 57
4 31

56,017 48
2,703 92

48,974 24
1,298 45

29,575 26
1,838 55

23,220 98
1,042 14

60,856 19
189,738 81

60,643 92
198,105 32

63,669 56
194,142 05

6 82
65,542 24
207,856 98

66,541 07
208,448 50

$365,065 05

$358,034 59

$353,438 94

1,284 88

3Q

10,000 00

1,479 51

STATE BANKS OF MICHIGAN.

153

No. 223.
T H E P E O P L E ’S STATE BANK OF FLU SH IN G , FLUSH IN G.
Organized March 10, 1900.
I r a T. S a y r e , P r e s id e n t ; J o h n H. R o w e , V ic e P r e s id e n t ; L. A. V i c k e r y , C a s h ie r ;
H. L. M a n 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 .— Ira T. Sayre, L. A. Vickery, J. H. Rowe, J. B. French, Orrin H art, A. E. Ransom,

E. L. Beecher, W. Brophy, F. P. Sayre.

Resources.

Loans and discounts:
Commercial d ep artm en t...............
Savings d ep artm en t.......................
Bonds, mortgages and securities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................

R eport of
R eport of | R eport of
R eport of
R eport of
Nov. 16, ’09. Jan. 31, ’10. Mar. 29, '10. June 30, 'lO.^Sept. 1, ’10.

$53,672 15
44,668 52

$51,774 02
43,822 86

$58,955 28
40,210 77

$58,771 83
33,418 95

$59,555 96
33,118 95

70,164 80

6,000 00
62,652 30

60,744 80

65,069 80

63,694 80

Premium a c c o u n t..............................
O verdrafts.......................................... ..
Expenses, interest and taxes paid,
exceeding earnings.........................
B anking h o u se....................................
F urniture and fix tu res......................

101 61

1,129 02

875 45

1,014 29

246 15

4,393 60
2,675 57

4,393 60
2,675 57

4,393 60
2,675 57

4,393 60
2,675 57

4,393 60
2,675 57

O ther real e s ta te ................................
Due from other banks and bankers,
not reserve cities....................... .. •

179 96

487 10

138 10

195 19

340 41
4,953 31

12,721 12

15,516 32

13,521 02

9,320 29
20,111 31

4,113 00
21,758 71

United States bonds:
Savings d ep artm en t.......................
Due from banks in reserve cities:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Exchanges for clearing house:
Co m m erci al depart men t ...............
Savings d e p a rtm e n t................
U. S. and National bank currency:
Commercial d e p a rtm e n t...............
Savings d e p a rtm e n t......................
Gold coin:
Commercial d ep artm en t...............
Savings d ep artm en t.......................
Silver coin:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Nickels and cents:
Commercial d e p a rtm e n t...............
Savings d ep artm en t.......................
Checks and other cash ite m s...........
T o tals............................................
Liabilities.
Capital stock paid i n .......................
Surplus fu n d ......................................*.
Undivided profits, less losses, cur­
rent expenses, interest and taxes
p a id ...................................................
Dividends u n p a id ...............................
Commercial deposits subject to
check .................................................
Commercial certificates of deposit.
Certified ch eck s..................................
Cashier’s checks o u tstan d in g ...........
S tate monies on deposit...................
Due to banks and b an k ers...............
Savings deposits.................................
Savings certificates of deposit.........
"Reserved for taxes, interest, e tc . . .
Notes and bills rediscounted...........
Bills p ay ab le........................... ............
T o tals............................................

20


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

82 85

2,000 00
3,568 00

3