Annual Report of the Commissioner of the Banking Department of the State of Michigan |
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Page xli
... 00 $ 84,392,377 09 $ 86,960,672 10 $ 83,949,198 51 269,859 34 231,178 52 ... fund with U. S. treas- urer ( 5 % of circulation ) ... Due from U. S. ... Surplus fund .... 5,577,375 00 taxes paid . Undivided profits less expenses ...
... 00 $ 84,392,377 09 $ 86,960,672 10 $ 83,949,198 51 269,859 34 231,178 52 ... fund with U. S. treas- urer ( 5 % of circulation ) ... Due from U. S. ... Surplus fund .... 5,577,375 00 taxes paid . Undivided profits less expenses ...
Page xlvi
... 00 5,739,111 48 21.549 85 2,030,000 00 450,000 00 450,000 00 U. S. bonds on ... fund with U. S. treasurer ( 5 % of circulation ) 100,000 00 100,000 00 Due ... Surplus fund .. 666,000 00 $ 50,000 00 1,516,000 00 Undivided profits ...
... 00 5,739,111 48 21.549 85 2,030,000 00 450,000 00 450,000 00 U. S. bonds on ... fund with U. S. treasurer ( 5 % of circulation ) 100,000 00 100,000 00 Due ... Surplus fund .. 666,000 00 $ 50,000 00 1,516,000 00 Undivided profits ...
Page xlvii
... 00 400,000 00 U. S. bonds to secure U. S. deposits .. 300,000 00 300,000 00 ... fund with U. S. treasurer ( 5 % of circulation ) . 12,565 00 12,535 00 Due ... Surplus fund ... 535,000 00 300,000 00 835,000 00 Undivided profits ...
... 00 400,000 00 U. S. bonds to secure U. S. deposits .. 300,000 00 300,000 00 ... fund with U. S. treasurer ( 5 % of circulation ) . 12,565 00 12,535 00 Due ... Surplus fund ... 535,000 00 300,000 00 835,000 00 Undivided profits ...
Page xlviii
... 00 341,600 00 25,000 00 25,000 00 28,000 00 28,000 00 U. S. bonds on hand ... fund with U. S. treasurer ( 5 % of circulation ) ... 16,480 00 16,480 00 Due ... Surplus fund . 122,000 00 375,000 00 497,000 00 Undivided profits less ...
... 00 341,600 00 25,000 00 25,000 00 28,000 00 28,000 00 U. S. bonds on hand ... fund with U. S. treasurer ( 5 % of circulation ) ... 16,480 00 16,480 00 Due ... Surplus fund . 122,000 00 375,000 00 497,000 00 Undivided profits less ...
Page xlix
... 00 150,000 00 56,000 00 56,000 00 U. S. bonds on hand . Premiums paid ... fund with U. S. treasurer ( 5 % of circulation ) ... Due from U. S. ... Surplus fund .. 180,500 00 115,000 00 295,500 00 Undivided profits less expenses ...
... 00 150,000 00 56,000 00 56,000 00 U. S. bonds on hand . Premiums paid ... fund with U. S. treasurer ( 5 % of circulation ) ... Due from U. S. ... Surplus fund .. 180,500 00 115,000 00 295,500 00 Undivided profits less expenses ...
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Common terms and phrases
00 Furniture 00 Gold coin 00 Other real 00 Silver coin 00 Surplus fund 00 Undivided profits Assistant Cashier bankers not reserve banks and bankers banks in reserve Bonds to secure Capital stock paid cash items Cashier's checks outstanding certificates of deposit Certified checks clearing house Commercial certificates Commercial deposits subject Due from banks Due from U. S. Due to banks Exchanges for clearing fund with U. S. Furniture and fixtures interest and taxes internal revenue account items and internal Items in transit less current expenses Loans and discounts mortgages and securities National bank currency National bank notes Nickels and cents Notes and bills Overdrafts paid on bonds profits less expenses real estate Report of Aug Report of Jan reserve cities Resources Savings certificates Savings deposits secure U. S. deposits subject to check taxes paid U. S. and National U. S. treasurer Undivided profits less United States bonds Vice President
Popular passages
Page xxxiv - 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.
Page xxxviii - ... 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.
Page xxxvii - Federal reserve bank shall transact any business except such as is incidental and necessarily preliminary to its organization until it has been authorized by the Comptroller of the Currency to commence business under the provisions of this Act.
Page xxxiii - That the total liabilities to any association, of any person, or of any company, corporation, or firm for money borrowed, including in the liabilities of a company or firm the liabilities of the several members thereof, shall at no time exceed one-tenth part of the amount of the capital stock of such association actually paid in...
Page xxxiv - ... per centum of the unimpaired capital and surplus of said bank ; but this restriction shall not apply to the discount of bills of exchange drawn in good faith against actually existing values.
Page xxxiii - That the discount of bona fide bills of exchange drawn against actually existing values, and the discount of commercial or business paper actually owned by the person or persons, corporation, or firm negotiating the same, shall not be considered as money borrowed.
Page 370 - US bonds on hand Premiums on US bonds Stocks, securities, etc Banking house, furniture and fixtures Other real estate and mortgages owned Due from National banks...
Page xxxiii - Lansing, Michigan: Dear Sir — I am in receipt of your communication of the 19th inst. referring 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 hank loan to any persoп,,or company, or corporation, or firm, hy a two-thirds vote of its hoard of directors?
Page 411 - US bonds Stocks, securities, etc ... Banking house, furniture and fixtures Other real estate and mortgages owned Due from National banks (not reserve agents).
Page xxxix - Any bank combining the business of a commercial bank and a savings bank shall keep separate books of account for each kind of business: Provided, That all receipts, investments and transactions relating to each of said classes of business shall be governed by the provisions and restrictions herein specifically provided for the respective kinds of banks.