✨ 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, 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 .. .. | 417,474 9 6 | 25,161 2 6 | 5,559 12 10 | 408,864 2 6 | 1,411,786 19 1 | 2,254,792 18 6 | 4,523,639 4 11 |
| Union Bank of Australia, Limited .. | 120,854 7 9 | 12,411 15 5 | 127 9 2 | .. | 682,243 14 9 | 2,036,393 13 4 | 2,852,031 0 5 |
| Bank of New South Wales.. | 98,260 7 8 | 1,970 15 0 | 5,449 6 1 | .. | 434,691 12 6 | 1,499,979 4 8 | 2,040,351 5 11 |
| Bank of Australasia .. | 64,003 17 0 | 8,520 5 4 | 402 5 6 | .. | 324,091 16 3 | 774,452 10 3 | 1,171,470 14 4 |
| National Bank of New Zealand, Limited | 108,015 1 7 | 14,836 4 1 | 4,967 18 0 | .. | 385,181 17 6 | 878,165 0 4 | 1,391,166 1 6 |
| Colonial Bank of New Zealand .. | 118,959 3 1 | 6,556 1 4 | 705 3 2 | .. | 405,641 7 8 | 995,127 0 9 | 1,526,988 16 0 |
| Totals .. .. | 927,567 6 7 | 69,456 3 8 | 17,211 14 9 | 408,864 2 6 | 3,643,637 7 9 | 8,438,910 7 10 | 13,505,647 3 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. | 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 .. | 483,885 4 5 | 47,873 14 1 | 27,938 0 4 | 12,547 0 3 | 89,483 14 1 | 794,198 14 5 | .. | .. | 5,180,924 18 1 | 211,714 12 7 | 6,848,565 18 3 |
| Union Bank of Australia, Limited | 633,805 2 4 | 8,620 18 8 | 2,357 6 2 | .. | 78,380 16 5 | 583,084 5 9 | .. | .. | 1,135,136 10 3 | 76,447 4 10 | 2,517,832 4 5 |
| Bank of New South Wales | 543,641 2 1 | 17,327 12 8 | 2,579 12 2 | 31,701 15 9 | 94,414 10 8 | 247,685 8 10 | .. | .. | 1,542,566 10 11 | 64,618 10 6 | 2,544,535 3 7 |
| Bank of Australasia .. | 225,723 15 3 | .. | 1,599 2 6 | 1,269 4 7 | 60,340 3 9 | 247,388 11 5 | .. | .. | 860,746 14 8 | 1,936 5 0 | 1,399,003 17 2 |
| National Bank of New Zealand, Limited | 267,156 15 1 | 21,107 3 7 | 3,438 0 4 | 35,180 3 11 | 88,618 12 8 | 351,998 6 11 | .. | .. | 1,244,384 16 11 | 12,139 16 3 | 2,024,023 15 8 |
| Colonial Bank of New Zealand .. | 209,198 12 2 | 22,560 10 9 | 3,363 15 9 | 113,714 9 5 | 100,221 5 9 | 350,716 18 1 | 100,000 0 0 | .. | 1,501,295 9 2 | 28,828 11 8 | 2,429,899 12 9 |
| Totals .. .. | 2,363,410 11 4 | 117,489 19 9 | 41,275 17 3 | 194,412 13 11 | 511,459 3 4 | 2,575,072 5 5 | 100,000 0 0 | .. | 11,465,055 0 0 | 395,685 0 10 | 17,763,860 11 10 |
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 | 950,000 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, 22nd July, 1890. JAMES C. GAVIN, Secretary to the Treasury.
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✨ LLM interpretation of page content
💰 Financial Statements of Banks
💰 Finance & Revenue22 July 1890
Banks, Financial Statements, Liabilities, Assets, Capital, Profits, 1890
- James C. Gavin, Secretary to the Treasury
NZ Gazette 1890, No 41