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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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 1886, No 5





✨ LLM interpretation of page content

💰 Financial Statements of Banks (continued from previous page)

💰 Finance & Revenue
1 January 1886
Banks, Financial Statements, Liabilities, Assets, Capital, Dividends, Treasury
  • James C. Gavin, Secretary to the Treasury