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REPORT OF THE CONDITION OF THEIsabella County State Bankat Mount Pleasant, Michigan, at the close of business June 30, 1926, as called for by the Commissioner of the Banking Department. .RESOURCES Commercial Savings Dollars Cts.LOANS AND DISCOUNTS viz:Secured by collateral.............:.. $ 53,792.23Unsecured ............ 416,342.00 }• Items in Transit......................... 267.75Totals ...................„.................5470,401.98 470,401.98BONDS, MORTGAGES AND SECURITIES, viz:Real Estate Mortgages $ 47,952,00 5500,061.79Municipal Bonds in Office ________108,340.00U. S. Bonds and Certificates ofIndebtedness in Office ....... 96,600.00Other Bonds ................. ....28,000.00 338,000.00T?tals ......................................{$75,952.00 $1,043,001.79 $1,118,953.79RESERVES, viz:Due from Federal*' ReserveBank ................... 51,596.01 $ 35,125.13Due from Banks in ReserveCities .......................-.......... 67,757.69 18,409.72Exchanges for clearing house 1,124.15 12.77Total cash on hand.................... 32,569.25 5,826.69Totals .............................. $153,047.10 $ 59,374.31 $212,421.41COMBINED ACCOUNTS, viz:Overdrafts ................................. ? 3,364.64Banking House ------......— 20,000.00Furniture and Fixtures -6,000.00Other Real Estate. ,..... $18,903.63Due from Banks and Bankers other than in Roserve Cities 29,000.00Customer's Bonds Depositedwith bank for Safekeeping— 128,785.00Stock of Federal Reserve Bank 2,650.00Total................... $2,010,480.45LIABILITIES ' Dollars Cts,Capital Stock paid in.„«.....—.___ ^ ? 60,900.09Surplus Fund _____ 30,000.00Undivided Profits, net ....™—. 1,713.35Reserved for Taxes, Interest,Depreciation, etc............ 5,000.00COMMERCIAL DEPOSITS, viz: *Commercial Deposits Subjectto Check ________________ $595,785.35 *Demand Certificates of Deposit 30,058.68Certified Checks ....... 907.70Cashier's Checks ......104.80Due to other Banks and Bankers .......... 24,895,78State Moneys on Deposit....... 25,000.00 4Totals .............................. $676,752.31 $676,752.31SAVINGS DEPOSITS, viz:Book Accounts — Subject toSavings By-Laws ..._______• 622,267.55Certificates of Deposit—Subject to Savings By-Laws................475,073.25Club Savings Deposits (Xmas,Thrift, etc.) ................... . 5,035.30Totals ....................... $1,102,376.10 $1,102,376.10Customers' Bonds Deposited withBank for Safekeeping.............. 128,785.00Other Liabilities ..... 5,853.69Total __________.......______............... $2,010,480.45STATE OF MICHIGAN, Comity of Isabella, ss.I, John W. Bonford, Cashier, of the above named bank, do solemnlyswear, that the above statement is true to the best of my knowledge and belief 'and correctly represents tho true state of the several matters therein contained, as shown by Hie bookfc of tho bank,JOHN W. BENFORD,Cashier.Correct Attest:EVAN S. WEIDMAN,PETER F, BREIDENSTEIN. *, __ FRANK G. THIERS,, ; DhwtWft.Subscribed and sworn to before rae this 10th day oi July. 1026,J. ELMER GRAHAM, Notary Public. ,My commission expire* December 2i, 1928.
Newspaper Details
Mount Pleasant Times
Mount Pleasant, Michigan, US
Thu, Jul 15, 1926
Page 14
Full Page
Clipped by
Anonymous
USA 07 Jun 2025
Other Publications Near Mount Pleasant, Michigan
Mount Pleasant Times and Isabella County Enterprise
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