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 SEPTEMBER, 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 .. .. 429,031 2 7 17,316 8 3 4,674 19 2 451,008 11 6 1,442,221 1 10 2,920,356 13 8 5,264,608 17 0
Union Bank of Australia, Limited .. 99,916 4 10 11,957 15 8 53 10 9 .. 537,856 9 2 1,574,329 2 8 2,224,113 3 1
Bank of New South Wales.. .. 87,247 14 8 469 19 1 3,440 16 10 .. 293,074 14 2 1,025,957 12 11 1,410,190 17 8
Bank of Australasia .. .. 57,680 6 2 5,870 12 0 .. .. 254,516 13 2 684,178 4 8 1,002,245 16 0
National Bank of New Zealand, Limited .. 93,927 6 9 3,856 1 3 7,651 17 1 .. 288,763 3 6 573,791 9 1 967,989 17 8
Colonial Bank of New Zealand .. .. 96,248 18 2 3,951 14 4 836 4 11 .. 445,164 2 2 701,759 8 5 1,247,960 8 0
Totals .. .. 864,051 13 2 43,422 10 7 16,657 8 9 451,008 11 6 3,261,596 4 0 7,480,372 11 5 12,117,108 19 5

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 .. .. 521,067 18 3 64,925 9 11 25,171 2 4 1,205 15 6 89,254 13 1 1,425,722 0 8 .. .. 6,166,785 13 6 209,865 4 7 8,503,997 17 10
Union Bank of Australia, Limited 543,007 4 10 5,406 15 0 1,793 10 7 .. 115,425 10 0 611,891 13 0 .. .. 1,125,486 17 3 56,311 14 3 2,459,323 4 11
Bank of New South Wales .. 533,739 12 7 12,039 4 5 907 15 4 25,015 3 8 98,662 19 9 268,459 17 11 .. .. 1,478,040 16 3 46,923 17 11 2,463,789 7 10
Bank of Australasia .. .. 183,222 11 10 .. 2,255 15 9 .. 60,804 15 7 880,170 14 4 .. .. 773,620 7 1 1,592 7 0 1,401,666 11 7
National Bank of New Zealand, Limited 265,484 11 6 15,847 8 6 3,472 16 9 39,884 3 7 85,709 9 0 301,855 13 8 .. .. 1,009,619 18 11 11,845 18 2 1,733,720 0 1
Colonial Bank of New Zealand .. 209,672 18 10 7,493 9 2 1,884 11 1 72,680 18 0 92,072 15 4 479,120 14 4 41,257 16 2 .. 1,166,558 19 2 27,118 19 4 2,097,861 1 5
Totals .. .. 2,256,194 17 10 105,712 7 0 35,485 11 10 138,786 0 9 541,930 2 9 3,467,220 13 11 41,257 16 2 .. 11,720,112 12 2 353,658 1 3 18,660,358 3 8

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 Twelve per cent. .. .. .. 90,000 0 0 1,084,827 16 4
Bank of New South Wales .. .. 1,240,960 Fifteen per cent. Bonus two and a half per cent. .. 105,980 5 6 872,835 0 0
Bank of Australasia .. .. .. 1,600,000 Thirteen and a half per cent. .. .. .. 108,000 0 0 800,000 0 0
National Bank of New Zealand, Limited .. 250,000 Five per cent. .. .. .. 6,250 0 0 10,537 9 3
Colonial Bank of New Zealand .. .. 400,000 Seven per cent. .. .. .. 14,000 0 0 65,962 3 2

Treasury, Wellington, 26th October, 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 70





✨ LLM interpretation of page content

💰 Financial Statements of Banks

💰 Finance & Revenue
26 October 1887
Banks, Financial Statements, Liabilities, Assets, Capital, Profits, Treasury
  • James C. Gavin, Secretary to the Treasury