✨ 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, 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 .. .. | 492,061 10 0 | 26,741 3 2 | 2,721 14 0 | 740,481 19 10 | 1,578,955 6 1 | 2,711,291 16 8 | 5,552,253 9 9 |
| Union Bank of Australia (Limited) .. | 112,714 19 10 | 15,198 13 9 | 103 12 4 | .. | 505,251 4 6 | 1,213,787 15 10 | 1,847,056 6 3 |
| Bank of New South Wales.. .. | 92,444 7 1 | 814 4 10 | 3,938 12 3 | .. | 270,441 12 4 | 717,436 19 11 | 1,085,075 16 5 |
| Bank of Australasia .. .. | 64,571 18 7 | 10,019 10 3 | 135 17 1 | .. | 262,978 4 0 | 649,697 13 6 | 987,403 3 5 |
| National Bank of New Zealand (Limited) .. | 104,245 9 3 | 5,019 7 11 | 19,251 6 6 | .. | 301,284 1 4 | 502,339 18 3 | 932,140 3 3 |
| Colonial Bank of New Zealand .. | 109,889 0 9 | 2,398 1 0 | 2,583 11 10 | .. | 352,058 2 9 | 566,328 5 8 | 1,033,257 2 0 |
| Totals .. .. | 975,927 5 6 | 60,191 0 11 | 28,734 14 0 | 740,481 19 10 | 3,270,968 11 0 | 6,360,882 9 10 | 11,437,186 1 1 |
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 .. .. | 539,372 3 0 | 104,157 4 11 | 23,091 18 8 | 2,567 11 1 | 87,443 18 3 | 1,914,244 17 11 | .. | .. | 5,858,426 7 11 | 204,599 0 2 | 8,733,903 1 11 |
| Union Bank of Australia (Limited) | 446,379 4 7 | 6,477 10 6 | 2,766 17 2 | .. | 115,588 1 6 | 846,920 6 2 | .. | .. | 1,053,832 13 7 | 66,933 10 11 | 2,538,898 4 5 |
| Bank of New South Wales .. | 393,454 12 8 | 16,080 11 5 | 1,432 7 5 | 18,826 16 4 | 93,325 14 10 | 283,825 1 2 | .. | .. | 1,483,614 7 9 | 70,105 4 3 | 2,360,664 15 10 |
| Bank of Australasia .. .. | 138,641 19 8 | .. | 2,141 12 4 | 57 12 1 | 59,317 13 4 | 556,227 6 7 | .. | .. | 980,173 7 2 | 2,116 10 11 | 1,688,676 2 1 |
| National Bank of New Zealand (Limited) | 268,720 16 2 | 15,315 16 5 | 2,686 12 10 | 7,417 2 11 | 83,498 3 3 | 443,161 17 11 | .. | .. | 1,100,050 14 7 | 11,015 8 6 | 1,931,866 12 7 |
| Colonial Bank of New Zealand .. | 243,407 10 3 | 7,106 7 2 | 1,655 9 8 | 8,091 11 11 | 38,261 4 11 | 549,027 2 3 | .. | .. | 995,146 14 2 | 73,619 17 9 | 1,916,315 18 1 |
| Totals .. .. | 2,029,976 6 4 | 149,137 10 5 | 33,774 18 1 | 36,960 14 4 | 477,434 16 1 | 4,593,406 12 0 | .. | .. | 11,421,244 5 2 | 428,389 12 6 | 19,170,324 14 11 |
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 | 727,102 17 8 |
| Union Bank of Australia (Limited) .. | 1,500,000 | Sixteen per cent. .. .. .. .. .. | 120,000 0 0 | 1,115,648 2 7 |
| Bank of New South Wales .. .. | 1,000,000 | Seventeen and a half per cent. .. .. .. .. .. | 87,500 0 0 | 589,447 14 5 |
| Bank of Australasia .. .. .. | 1,600,000 | Fifteen per cent. .. .. .. .. .. | 120,000 0 0 | 770,000 0 0 |
| National Bank of New Zealand (Limited)* .. | 250,000 | Five per cent. .. .. .. .. .. | 8,750 0 0 | 7,829 2 3 |
| Colonial Bank of New Zealand .. .. | 400,000 | Seven per cent. .. .. .. .. .. | 14,000 0 0 | 60,718 0 3 |
| Totals .. .. .. | 5,750,000 | 425,250 0 0 | 3,270,745 17 2 |
- The rate and amount of the last dividend of the National Bank of New Zealand is for the half-year ended the 30th September, 1884, on a capital of £350,000.
Treasury, Wellington, January, 1886. JAMES C. GAVIN, Secretary to the Treasury.
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✨ LLM interpretation of page content
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Financial Statements of Banks
(continued from previous page)
💰 Finance & Revenue1 January 1886
Banks, Financial Statements, Liabilities, Assets, Capital, Dividends, Treasury
- James C. Gavin, Secretary to the Treasury
NZ Gazette 1886, No 5