✨ Bank Financial Statements
STATEMENT of the LIABILITIES and ASSETS of the under-mentioned BANKS in the Colony of NEW ZEALAND, for the QUARTER ended 31st DECEMBER, 1878.
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 | 500,498 9 0 | 26,870 5 11 | 1,139,163 15 10 | 1,815,083 18 3 | 2,038,457 13 3 | 5,520,073 10 3 | |
| Union Bank of Australia | 129,194 3 10 | 14,269 6 6 | 846 9 0 | 468,766 11 1 | 1,111,252 6 2 | 1,724,328 16 7 | |
| Bank of New South Wales | 84,878 9 4 | 475 13 6 | 4,720 12 8 | 258,870 6 0 | 447,319 6 0 | 796,264 7 6 | |
| Bank of Australasia | 51,875 12 4 | 4,675 7 0 | 174,988 8 6 | 355,795 10 0 | 587,334 17 10 | ||
| National Bank of New Zealand (Limited). | 112,782 2 4 | 5,622 11 9 | 28,872 17 1 | 340,794 18 5 | 584,897 7 9 | 1,072,969 17 4 | |
| Colonial Bank of New Zealand | 88,477 1 7 | 1,397 12 11 | 12,516 17 0 | 305,445 11 0 | 376,274 7 2 | 784,111 9 8 | |
| Totals | 967,705 18 5 | 53,310 17 7 | 46,956 15 9 | 1,139,163 15 10 | 3,363,949 13 3 | 4,913,995 18 4 | 10,485,082 19 2 |
ASSETS.
| BANKS. | Coined Gold and Gold and Silver Silver and other in Coined Metals. | Bullion or Bars. | Notes and Bills of other Banks. | Balances due from other Banks. | Landed Property. | Notes and Bills Discounted. | 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 | 648,257 4 6 | 86,897 12 2 | 21,980 4 4 | 16,930 19 4 | 67,713 14 0 | 73,363,376 10 9 | 341,384 12 2 | 4,676 18 5 | 3,333,772 5 10 | 111,487 15 5 | 7,996,477 17 6 |
| Union Bank of Australia | 428,128 9 8 | 9,136 15 6 | 2,179 11 2 | 2,247 8 2 | 61,800 0 0 | 941,975 19 8 | 1,047,709 6 9 | 52,178 0 8 | 2,545,355 11 7 | ||
| Bank of New South Wales | 321,605 8 2 | 25,929 0 0 | 2,030 6 10 | 12,371 15 4 | 34,312 3 0 | 568,647 15 0 | 674,018 6 0 | 114,266 19 2 | 1,753,181 13 6 | ||
| Bank of Australasia | 108,089 14 6 | 1,696 4 3 | 28,641 0 2 | 486,869 14 5 | 426,050 0 8 | 2,072 4 9 | 1,053,418 18 9 | ||||
| National Bank of New Zealand (Limited) | 204,508 4 10 | 18,914 3 10 | 4,700 0 6 | 10,336 12 11 | 65,039 6 11 | 926,906 9 2 | 2,168,989 8 7 | 15,644 16 6 | 2,168,989 8 7 | ||
| Colonial Bank of New Zealand | 96,043 17 5 | 16,597 1 4 | 1,517 2 10 | 490 1 8 | 40,086 2 1 | 577,089 17 1 | 1,350,237 3 8 | 33,843 4 1 | 1,350,237 3 8 | ||
| Totals | 1,806,632 19 1 | 157,474 12 10 | 34,103 9 11 | 42,376 17 5 | 297,592 6 9 | 96,864,866 6 1 | 341,384 12 2 | 4,676 18 5 | 6,989,059 10 4 | 329,493 0 7 | 16,867,660 13 7 |
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 | 725,000 0 0 | Fifteen per cent. | 54,375 0 0 | 413,263 9 0 |
| Union Bank of Australia | 1,467,216 0 0 | Sixteen per cent. | 110,000 0 0 | 794,206 6 6 |
| Bank of New South Wales | 1,000,000 0 0 | Seventeen and a half per cent. | 87,500 0 0 | 552,077 4 5 |
| Bank of Australasia | 1,200,000 0 0 | Twelve and a half per cent. | 75,000 0 0 | 407,309 9 2 |
| National Bank of New Zealand (Limited) | 350,000 0 0 | Six per cent. | 10,500 0 0 | 12,435 4 5 |
| Colonial Bank of New Zealand | 388,393 5 0 | Seven per cent. | 11,500 6 0 | 49,508 18 6 |
| Totals | 5,130,609 5 0 | 348,875 6 0 | 2,228,800 12 0 |
Treasury,
Wellington, 4th February, 1879.
JAMES C. GAVIN,
Secretary to the Treasury.
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✨ LLM interpretation of page content
💰 Statement of Liabilities and Assets for Banks in New Zealand for Quarter ended 31st December, 1878
💰 Finance & Revenue4 February 1879
Bank statistics, Liabilities, Assets, Capital, Profits, New Zealand Banks, Financial Return
- James C. Gavin, Secretary to the Treasury
NZ Gazette 1879, No 15