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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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 1890, No 41





✨ LLM interpretation of page content

💰 Financial Statements of Banks

💰 Finance & Revenue
22 July 1890
Banks, Financial Statements, Liabilities, Assets, Capital, Profits, 1890
  • James C. Gavin, Secretary to the Treasury