The Indianapolis journal., 1897-01-05
Loans and discounts ses5.
Overdrafts. secured and unse-


Loans and discounts s........... se75 2O.5s
Overdrafts. secured and unse-
cured ....,..................... 2S5.N
Stocks and bonds. ds.-.................. Ss.&O.6
Ranking house. ...................... 2s3s47.10
Furniture and fixtures. iO32S.00
Other real estate. 40i5S.47
Current expenses. 1sT424
Taxes paid. ........:................ 2lSl.5O
Due from other banks. 5s2s9.7s
Checks and cash items. 253573
Exchanges for clearings.......... % 607. 46
Currency ACKNOWLEDGEMENTS. AZ $500
Gold Ios 5000
Silver "......................... 4.Si7.25
Total 81. .s25. .7sSOl
Liabilities
Capital stock ck.................... s4cOocooo
Surplus and undivided profits 5s77z7
Dividends unpaid. 200
Bank building loan.................. 100000
Individual deposits, subject 10
Demand certificates OF deposit. s.Sss.oo
Time certificates of deposits....... 6e,019.70
Certified checks. II 5000
Cash creditors checks. 1851
Due to banks. ks......................... a0103.I7
Total 81 So 7ss01
The Germania Bank has been organized
for many years Ex-Governor Alex. Ramsey
being for long time president and William
Bickel cashier A few years ago Governor
Ramsey retired and Mr.. Bickel became
president. but last spring Mr.. Rckel re-
tired from the bank. becoming vice presi-
Bank. He was succeeded by Gustav Willius
president of the Germania. T III. Menk
being vice president and Il. NJ. kerst CASH.
Ter. The directors are Gustav Willus. Will
liam Bickel. A.oert Spangenberg. Joseph
Haag. j. B. Hermann. r.. +. Beresford. II.
Menk; q. T.. Holman, {. l.. Horst Adam
Boyer. w. ~. Harris. Il. NJ. Kerst. John
Klein and VIM. a. SchornZtien. The change
in the official head Of the bank last year
is believed to have caused shifting OF
accounts.
President winius told reporter to-day
that the closing was the result OF an unreal
sonable panic. and that the bank would be
opened for business just as soon the peo-
pie regained their usual cool sense. The
bank. a result OF the panicky feeling.
had paid out to depositors $1,000 In the
last nine days and as they saw what the
continuation OF this would lead to- the d.
rectors had decided TO close for the pres
ent. Mr.. willius says he fully expects to
have the bank reopened and ready for bus
mess by the last NJ March.
THE ALLEMANIA BANK.
The Allemana Bank. capital 10000 and
having a clientage similar TO that OF the
Germania closed its doors soon after the
other bank had announced its assignment.
The Allemania Bank was organized last
year being the successor of the CONNER
cial Bank William Bcckel. formerly pres
ident of the Germania Bank. joining forces
with Albert Scheffer OF the Commercial. 10
Organize the new bank. or which Mr.. Schcf-
fer Was made president, William BeckeI
and William Hamm. vice presidents and
r -. Bennett. cashier The Commercial
had formerly been "A national bank but
after its failure I'm the spring of 1889. IL
was reorganized a state bank and he
came merged last spring into the present
Allemania Bank. This bank was also a SUI
ferer b. the panicky feeling after the Bank
OF Minnesota had closed. Its last Official
statement at the close of business Dec
Il, lSs6, was as follows;