Bank Financial Statements




STATEMENT of the LIABILITIES and ASSETS of the under-mentioned BANKS in the Colony of NEW ZEALAND, for the QUARTER ended 30th JUNE, 1887.

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 .. .. 456,773 9 5 18,547 4 11 3,734 11 10 577,595 16 8 1,470,290 1 1 2,865,798 6 7 5,392,739 10 6
Union Bank of Australia, Limited .. 109,198 1 7 11,940 18 6 180 2 3 .. 524,743 2 5 1,548,755 6 6 2,194,817 11 3
Bank of New South Wales.. .. 93,313 17 9 813 13 5 3,103 2 8 .. 297,617 10 10 1,010,919 11 11 1,405,767 16 7
Bank of Australasia .. .. 60,129 4 7 5,244 9 11 .. .. 261,673 18 5 626,989 9 4 954,037 2 3
National Bank of New Zealand, Limited .. 100,237 4 5 3,198 11 2 12,421 0 4 .. 291,832 1 10 543,069 1 9 950,757 19 6
Colonial Bank of New Zealand .. 101,257 17 1 7,890 3 6 571 10 6 .. 342,793 12 6 674,419 13 7 1,126,932 17 2
Totals .. .. 920,909 14 10 47,635 1 5 20,010 7 7 577,595 16 8 3,188,950 7 1 7,269,951 9 8 12,025,052 17 3

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 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 .. .. 576,738 19 7 58,564 11 1 24,209 13 4 1,932 8 8 89,235 6 7 1,496,046 5 10 .. .. 6,109,339 9 0 208,449 19 6 8,564,516 13 7
Union Bank of Australia, Limited 463,508 5 11 7,813 15 8 2,870 4 7 .. 115,138 1 6 595,785 4 8 .. .. 1,091,853 18 6 46,475 18 8 2,323,445 9 6
Bank of New South Wales .. 469,174 3 3 14,427 5 4 1,261 16 11 23,662 7 4 98,479 5 2 240,619 7 9 2,119 4 7 .. 1,432,249 11 7 49,452 19 1 2,331,446 1 0
Bank of Australasia .. .. 195,032 1 4 .. 2,007 4 8 .. 60,108 5 8 463,877 16 7 .. .. 816,086 15 0 1,554 6 5 1,538,666 9 8
National Bank of New Zealand, Limited 272,518 8 2 16,251 9 3 2,921 13 11 34,320 4 10 84,377 14 10 346,266 4 11 .. .. 1,003,325 3 11 11,523 11 8 1,771,504 11 6
Colonial Bank of New Zealand .. 239,663 10 3 7,020 9 3 2,180 11 3 47,768 13 2 91,057 15 7 477,297 6 1 .. .. 1,127,947 5 7 27,047 8 4 2,019,982 19 6
Totals .. .. 2,216,635 8 6 104,077 10 7 35,451 4 8 107,633 14 0 538,396 9 4 3,619,892 5 10 2,119 4 7 .. 11,580,802 3 7 344,504 3 8 18,549,562 4 9

CAPITAL AND PROFITS.

BANKS. Capital paid up Rate per Annum of Last Dividend. Amount of Last Dividend declared. Amount of the Reserve Profits at Time of declaring such Dividend.
£ £ s. d. £ s. d.
Bank of New Zealand .. .. .. 1,000,000 Twelve and a half per cent. .. .. .. .. 62,500 0 0 577,094 11 3
Union Bank of Australia, Limited .. 1,500,000 Fourteen per cent. .. .. .. .. 105,000 0 0 1,102,367 14 0
Bank of New South Wales .. .. 1,240,960 Fifteen per cent. and two and a half per cent. bonus=seventeen and a half per cent. 105,980 5 6 872,835 0 0
Bank of Australasia .. .. .. 1,600,000 Fifteen per cent... .. .. .. .. 120,000 0 0 800,000 0 0
National Bank of New Zealand, Limited .. 250,000 Five per cent. .. .. .. .. 6,250 0 0 8,641 16 5
Colonial Bank of New Zealand .. .. 400,000 Seven per cent. .. .. .. .. 14,000 0 0 66,642 7 2

Treasury, Wellington, 2nd August, 1887. JAMES C. GAVIN, Secretary to the Treasury.



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 1887, No 51





✨ LLM interpretation of page content

💰 Financial Statement of Banks

💰 Finance & Revenue
2 August 1887
Banks, Financial Statement, Liabilities, Assets, Capital, Profits
  • James C. Gavin, Secretary to the Treasury