✨ 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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✨ LLM interpretation of page content
💰 Financial Statements of Banks
💰 Finance & Revenue26 October 1887
Banks, Financial Statements, Liabilities, Assets, Capital, Profits, Treasury
- James C. Gavin, Secretary to the Treasury
NZ Gazette 1887, No 70