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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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HENRY M. ZIMMERMANN,
Appointed February 19, 1907.
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Federal Reserve Bank of St. Louis
.
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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Federal Reserve Bank of St. Louis
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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Federal Reserve Bank of St. Louis
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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Federal Reserve Bank of St. Louis
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:
https://fraser.stlouisfed.org
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
https://fraser.stlouisfed.org
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.......................
https://fraser.stlouisfed.org
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.
https://fraser.stlouisfed.org
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.
https://fraser.stlouisfed.org
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
https://fraser.stlouisfed.org
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 :
https://fraser.stlouisfed.org
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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Federal Reserve Bank of St. Louis
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BAN KING
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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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Federal Reserve Bank of St. Louis
xxviii
STA TE
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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Federal Reserve Bank of St. Louis
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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Federal Reserve Bank of St. Louis
xxxii
STA TE
BAN KING
D EPA R TM EN T.
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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STA TE
BAN KING
D EPA RTM EN T.
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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Federal Reserve Bank of St. Louis
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XXXV
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 ,
Attorney General.
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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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39 0 8
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
https://fraser.stlouisfed.org
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
https://fraser.stlouisfed.org
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
https://fraser.stlouisfed.org
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.
https://fraser.stlouisfed.org
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
3.000 00