✨ Bank Financial Statements
STATEMENT of the ASSETS and LIABILITIES of the under-mentioned BANKS in the Colony of NEW ZEALAND, for the QUARTER ended 31st MARCH, 1885.
LIABILITIES.
| BANKS. | Notes in Circulation. | Bills in Circulation. | Balances due to other Banks. | Deposits. | Total Liabilities. | ||
|---|---|---|---|---|---|---|---|
| £ s. d. | £ s. d. | £ s. d. | Government. | Not bearing Interest. | Bearing Interest. | £ s. d. | |
| Bank of New Zealand .. | 477,959 13 10 | 23,121 4 4 | 7,892 10 2 | 489,191 18 2 | 1,676,653 4 5 | 2,721,289 18 2 | 5,396,108 9 1 |
| Union Bank of Australia (Limited) .. | 115,135 4 8 | 14,228 19 4 | 430 19 1 | .. | 595,516 3 8 | 1,165,751 4 3 | 1,891,062 11 0 |
| Bank of New South Wales.. | 85,763 17 7 | 438 6 5 | 2,000 15 7 | .. | 290,812 19 10 | 649,127 6 10 | 1,028,143 6 3 |
| Bank of Australasia .. | 67,340 4 7 | 8,381 17 3 | 156 0 11 | .. | 253,685 6 0 | 342,663 0 2 | 672,226 8 11 |
| National Bank of New Zealand (Limited) .. | 110,316 1 5 | 4,904 8 3 | 15,802 5 9 | .. | 325,544 18 3 | 546,090 2 7 | 1,002,657 16 3 |
| Colonial Bank of New Zealand .. | 107,188 4 8 | 3,416 4 3 | 677 1 10 | .. | 421,254 11 8 | 547,142 7 8 | 1,079,678 10 1 |
| Totals .. | 963,703 6 9 | 54,490 19 10 | 26,959 13 4 | 489,191 18 2 | 3,563,467 3 10 | 5,972,063 19 8 | 11,069,877 1 7 |
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. | Government Securities. | Other Funded Securities. | Debts due to 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 .. | 588,040 18 8 | 58,001 5 5 | 29,065 1 5 | 5,217 8 0 | 87,428 19 1 | 1,868,127 6 5 | 892,307 13 10 | .. | 5,492,381 11 9 | 198,852 7 11 | 9,219,422 12 6 |
| Union Bank of Australia (Limited) | 464,985 1 9 | 5,462 2 9 | 4,746 10 8 | .. | 115,588 1 6 | 639,003 12 0 | .. | .. | 983,405 2 5 | 79,215 18 3 | 2,292,406 9 4 |
| Bank of New South Wales | 320,046 2 7 | 15,890 7 9 | 1,211 16 9 | 12,392 19 7 | 89,422 15 1 | 270,761 14 2 | .. | .. | 1,304,873 18 5 | 64,139 11 8 | 2,078,739 6 0 |
| Bank of Australasia .. | 111,652 7 10 | .. | 2,747 18 7 | 101 19 9 | 58,549 18 11 | 563,367 2 11 | .. | .. | 909,560 8 5 | 2,069 16 5 | 1,648,049 12 10 |
| National Bank of New Zealand (Limited) | 304,784 2 6 | 12,380 8 6 | 4,529 17 10 | 8,371 15 2 | 85,683 15 7 | 445,907 15 3 | .. | .. | 998,700 2 11 | 12,896 5 0 | 1,873,254 2 9 |
| Colonial Bank of New Zealand .. | 215,053 16 10 | 14,935 12 7 | 1,953 17 10 | 19,407 10 7 | 38,133 16 2 | 484,451 14 9 | .. | .. | 919,819 9 3 | 69,814 1 0 | 1,763,569 19 0 |
| Totals .. | 2,004,562 10 2 | 106,669 17 0 | 44,255 3 1 | 45,491 13 1 | 474,807 6 4 | 4,271,619 5 6 | 892,307 13 10 | .. | 10,608,740 13 2 | 426,988 0 3 | 18,875,442 2 5 |
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. | ||
| Bank of New Zealand .. | 1,000,000 | Fifteen per cent. .. | 75,000 0 0 | 721,093 17 7 |
| Union Bank of Australia (Limited) | 1,500,000 | Sixteen per cent. | 120,000 0 0 | 1,109,075 13 0 |
| Bank of New South Wales | 1,000,000 | Seventeen and a half per cent. | 87,500 0 0 | 568,704 5 2 |
| Bank of Australasia .. | 1,600,000 | Fourteen per cent. | 112,000 0 0 | 750,000 0 0 |
| National Bank of New Zealand (Limited) | 350,000 | Five per cent. | 8,750 0 0 | 21,873 10 1 |
| Colonial Bank of New Zealand .. | 400,000 | Seven per cent. | 14,000 0 0 | 59,565 19 8 |
| Totals .. | 5,850,000 | 417,250 0 0 | 3,230,313 5 6 |
Treasury,
Wellington, 21st April, 1885.
JAMES C. GAVIN,
Secretary to the Treasury.
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✨ LLM interpretation of page content
💰 Financial Statements of Banks
💰 Finance & Revenue21 April 1885
Banks, Financial Statements, Assets, Liabilities, Capital, Dividends
- James C. Gavin, Secretary to the Treasury
NZ Gazette 1885, No 24