Hammond Times, Volume 13, Number 44, Hammond, Lake County, 1 August 1918 — Page 12
'acre Twelve.
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OUNCEMENT!
CONCERNING
AND Tfif
OF. EAST CHICAGO
From Mr. Bader:
East Chicago, Indiana, August 1st, 1918.
TO THE PUBLIC:
It is with great reluctance and solely because of the condition of my health that I have today disposed of the controlling interest in the First National Bank of East Chicago and in the First Trust and Savings Bank of East Chicago to Walter J. Riley and C. A. Westberg to whom the people of this City need no introduction. ' I take this opportunity to express my sincere appreciation of the confidence shown by the people of East Chicago through many years of my connection with these institutions and of the assistance given me in their up -building into the sound and splendid banks of today. I may be pardoned the pride I have taken in their growth and condition. For these banks, under the management of my successors, I bespeak a continuation of the confidence and business a3 heretofore, feeling assured of them being in competent hands. G. J. BADER.
Condensed Statement of the
FIRST NATIONAL BANK OF EAST CHICAGO, INDIANA
At the Close of Business June 29th, 1918.
RESOURCES. Loans and Securities $ 881,047.29 U. S. Bonds 217,800.00 War Savings Stamps 4,041.48 Banking House and Fixtures 68,639.77 Cash and in Banks 134,023.85
LIABILITIES Capital Stock $ 100,000.00 Surplus and Profits . 29,484.55 Circulation 49,300.00 Bills Payable (Fed. Res.) .50,000.00 Deposits 1,076,767.84
Total Resources $1,305,552.39
Total Liabilities $1,305,552.39
Statement of the FIRST TRUST & SAVINGS BANK OF EAST CHICAGO, INDIANA
At the Close of Business June 29th, 1918.
RESOURCES Loans and Securities $129,547.41 Stocks and Bonds 6,758.40 Furniture and Fixtures 3,500.00 Cash and in Banks 7,482.36
LIABILITIES.
Capital Stock $ 50,000.00 Surplus and'Frofits 13,060.76 Deposits 84,228.41
Total Resources $147,289.17
Total Liabilities $147,289.17
From Messrs. Riley & Westberg: . East Chicago, Indiana, August 1st, 1918. TO THE.PEOPLE OF THE CITY OF EAST CHICAGO: Having acquired the controlling interest in the First National Bank of East Chicago, and in the First Trust and Savings Bank of East Chicago, we solicit a continuation of the valued business of the customers of these banks, assuring them of a steadfast policy to safeguard their interest in every way and to merit their confidence. We stand on our past record in this respect, and we feel a deep obligation to maintain the excellent reputation and substantial character of these institutions. WALTER J. RILEY. C. A. WESTBERG.
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