✨ 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 MARCH, 1890.
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 .. .. | 421,051 18 5 | 22,740 6 7 | 9,105 15 9 | 491,809 10 11 | 1,438,390 19 11 | 2,303,215 15 7 | 4,686,314 7 2 |
| Union Bank of Australia, Limited .. | 113,791 18 7 | 19,375 15 9 | 79 3 1 | .. | 659,494 3 8 | 1,942,513 18 9 | 2,735,254 19 10 |
| Bank of New South Wales.. .. | 100,500 5 2 | 763 5 7 | 2,872 11 1 | .. | 401,883 19 3 | 1,428,408 18 7 | 1,934,428 19 8 |
| Bank of Australasia .. .. | 64,735 15 5 | 8,505 9 10 | 5,173 7 11 | .. | 314,419 11 9 | 744,925 4 5 | 1,137,759 9 4 |
| National Bank of New Zealand, Limited .. | 106,321 17 0 | 4,064 4 0 | 11,293 5 8 | .. | 349,968 11 3 | 815,386 13 0 | 1,287,034 10 11 |
| Colonial Bank of New Zealand .. .. | 113,023 13 0 | 6,078 10 6 | 2,153 9 4 | .. | 398,221 14 2 | 931,009 1 5 | 1,450,486 8 5 |
| Totals .. .. | 919,425 7 7 | 61,527 12 3 | 30,677 12 10 | 491,809 10 11 | 3,562,379 0 0 | 8,165,459 11 9 | 13,231,278 15 4 |
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 .. .. | 506,548 5 1 | 50,927 14 6 | 25,986 10 4 | 21,674 15 8 | 89,482 1 2 | 811,449 5 3 | .. | .. | 5,137,442 2 1 | 212,320 2 0 | 6,855,830 16 1 |
| Union Bank of Australia, Limited | 713,157 18 8 | 3,884 12 11 | 1,812 18 9 | .. | 78,380 16 5 | 576,759 13 8 | .. | .. | 1,137,596 0 5 | 59,833 17 3 | 2,571,425 18 1 |
| Bank of New South Wales .. | 487,633 7 0 | 12,411 3 3 | 1,813 6 2 | 33,790 18 1 | 94,443 7 7 | 258,704 7 5 | .. | .. | 1,545,611 0 10 | 57,559 16 10 | 2,491,967 7 2 |
| Bank of Australasia .. .. | 178,539 6 7 | .. | 2,060 15 8 | .. | 60,446 9 11 | 265,851 0 7 | .. | .. | 893,845 19 0 | 1,994 13 10 | 1,402,738 5 7 |
| National Bank of New Zealand, Limited | 169,913 19 10 | 18,523 7 10 | 3,088 3 9 | 22,387 7 8 | 88,458 5 10 | 352,562 12 3 | .. | .. | 1,226,788 9 11 | 12,259 9 0 | 1,893,981 16 1 |
| Colonial Bank of New Zealand .. | 238,908 19 3 | 21,923 14 0 | 3,408 4 9 | 64,669 17 5 | 99,629 8 2 | 366,598 2 2 | 100,641 0 6 | .. | 1,435,919 8 7 | 28,298 1 9 | 2,359,996 16 7 |
| Totals .. .. | 2,294,701 16 5 | 107,670 12 6 | 38,169 19 5 | 142,522 18 10 | 510,840 9 1 | 2,631,925 1 4 | 100,641 0 6 | .. | 11,377,203 0 10 | 372,266 0 8 | 17,575,940 19 7 |
CAPITAL AND PROFITS.
| BANKS. | Capital paid up. | Rate per Annum of Last Dividend. | Amount of Last Dividend declared. | Amount of the Reserved Profits at Time of declaring such Dividend. |
|---|---|---|---|---|
| £ | £ s. d. | £ s. d. | ||
| Bank of New Zealand .. .. .. | 1,125,000 | Seven per cent. .. .. .. .. | 39,375 0 0 | 96,347 17 4 |
| Union Bank of Australia, Limited .. | 1,500,000 | Fourteen per cent. .. .. .. | 105,000 0 0 | 1,121,787 19 9 |
| Bank of New South Wales .. .. | 1,250,000 | Seventeen and a half per cent. .. .. | 109,375 0 0 | 940,000 0 0 |
| Bank of Australasia .. .. .. | 1,600,000 | Fourteen per cent. .. .. .. | 112,000 0 0 | 814,600 0 0 |
| National Bank of New Zealand, Limited .. | 250,000 | Five per cent. .. .. .. .. | 6,250 0 0 | 11,386 8 8 |
| Colonial Bank of New Zealand .. .. | 400,000 | Seven per cent. .. .. .. .. | 14,000 0 0 | 67,863 7 6 |
The Treasury, Wellington, 28th April, 1890. JAMES C. GAVIN, Secretary to the Treasury.
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✨ LLM interpretation of page content
💰 Financial Statements of Banks
💰 Finance & Revenue28 April 1890
Banks, Financial Statements, Liabilities, Assets, Capital, Profits, Treasury
- James C. Gavin, Secretary to the Treasury
NZ Gazette 1890, No 23