Bank Financial Statements




116

GENERAL STATEMENT of the LIABILITIES and ASSETS of the under-mentioned BANKS in the Colony of NEW ZEALAND, for the QUARTER ended 31st DECEMBER, 1876.

LIABILITIES.

BANKS. Notes in Circulation. Bills in Circulation. Balances due to other Banks. Deposits. Government. Deposits. Not bearing Interest. Deposits. Bearing Interest. Total Liabilities.
£ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d.
Bank of New Zealand 424,004 14 10 30,726 8 5 463 14 1 719,526 16 0 1,344,928 18 8 1,240,926 4 6 3,760,576 16 6
Union Bank of Australia 114,059 5 10 20,438 9 0 362 4 4 405,173 19 3 608,356 8 9 1,148,390 7 2
Bank of New South Wales... 87,617 6 6 7,171 17 4 7,171 17 4 239,479 1 11 336,216 4 4 671,250 17 10
Bank of Australasia 51,929 5 2 5,657 14 4 11,513 1 5 142,530 12 3 180,988 12 10 392,619 6 0
National Bank of New Zealand (Limited) 105,418 6 0 5,344 17 7 2,136 11 10 597 9 10 252,126 8 6 290,393 10 11 656,017 4 8
Colonial Bank of New Zealand 58,662 5 4 4,192 4 10 5,281 12 5 174,984 7 0 221,260 12 9 464,381 2 4
Totals 841,691 3 8 67,126 1 11 15,416 0 0 731,637 7 3 2,559,223 7 7 2,878,141 14 1 7,093,235 14 6

ASSETS.

BANKS. Coined Gold and Silver and other Coined Metals. Gold and Silver in Bullion or Bars. Notes and Bills of other Banks. Balances due from other Banks. Landed Property. Notes and Bills Discounted. Colonial Government Securities. Other Funded Securities. Debts due to the Bank, exclusive of Debts abandoned as bad. Securities not included under other heads. Total Assets.
£ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d.
Bank of New Zealand 518,650 6 2 87,267 10 11 15,190 0 7 10,056 1 8 43,651 12 10 1,957,024 9 4 272,000 0 0 7,600 0 0 2,002,011 14 5 83,774 13 0 4,997,226 8 11
Union Bank of Australia 300,735 14 8 9,613 10 4 2,844 2 0 3,523 17 3 467,413 10 2 748,496 18 10 26,372 10 7 1,921,382 13 5
Bank of New South Wales... 340,172 4 3 30,674 9 10 3,390 11 3 12,075 9 3 769,296 15 5 60,500 0 0 630,530 14 3 62,446 4 1 1,676,428 9 4
Bank of Australasia 79,057 1 4 2,705 1 5 1,512 1 1 24,611 2 8 31,473 9 6 572,527 13 9 336,755 3 11 0 3 5 918,916 10 10
National Bank of New Zealand (Limited) 153,033 16 2 30,950 19 8 4,135 10 1 13,958 13 0 55,197 8 9 764,789 9 3 582,929 2 6 12,580 2 8 1,617,575 2 1
Colonial Bank of New Zealand... 105,631 4 11 12,831 0 10 1,287 0 3 6,215 6 4 3,350 16 2 359,125 7 2 347,074 11 6 15,420 4 7 850,935 11 9
Totals 1,497,280 7 6 174,042 13 0 28,359 5 3 45,828 11 10 218,784 9 11 4,890,177 5 1 272,000 0 0 7,600 0 0 4,647,798 5 5 200,593 18 4 11,982,464 16 4

CAPITAL AND PROFITS.

BANKS. Capital paid up. Rate per Annum of last Dividend. Amount of last Dividend declared. Amount of Reserve Fund at the time of declaring such Dividend.
£ s. d. £ s. d. £ s. d.
Bank of New Zealand 700,000 0 0 Fifteen per cent. 52,500 0 0 313,077 9 11
Union Bank of Australia 1,250,000 0 0 Sixteen per cent. 100,000 0 0 507,816 17 5
Bank of New South Wales 1,000,000 0 0 Fifteen per cent. and Bonus two and a half per cent. 87,500 0 0 510,780 3 3
Bank of Australasia 1,200,000 0 0 Twelve and a half per cent. 75,000 0 0 382,242 5 7
National Bank of New Zealand (Limited) 350,000 0 0 Six per cent. 10,500 0 0 11,918 15 11
Colonial Bank of New Zealand 326,632 6 9 Nil 11,151 3 0
Totals 4,826,632 6 9 325,500 0 0 1,736,986 15 1

Treasury,
Wellington, 30th January, 1877.

C. T. BATKIN,
Secretary to the Treasury.



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 1877, No 11





✨ LLM interpretation of page content

💰 General Statement of Liabilities and Assets for Banks for Quarter ended 31st December, 1876

💰 Finance & Revenue
30 January 1877
Banks, Financial Statement, Liabilities, Assets, Capital, Profits, Quarterly Return
  • C. T. Batkin, Secretary to the Treasury