✨ 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 DECEMBER, 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. | |
| Bank of New Zealand | 401,333 0 1 | 20,745 9 7 | 11,674 19 10 | 436,238 3 10 | 1,311,674 18 6 |
| Union Bank of Australia, Limited | 110,702 0 0 | 12,104 16 11 | 69 0 0 | 617,929 11 4 | 2,003,938 0 9 |
| Bank of New South Wales | 96,537 14 7 | 698 3 7 | 6,166 3 10 | 400,824 1 8 | 1,625,985 13 9 |
| Bank of Australasia | 62,372 12 4 | 9,054 8 9 | 319,022 3 9 | 786,953 17 10 | 1,177,403 2 8 |
| National Bank of New Zealand, Limited | 103,490 12 4 | 6,324 4 8 | 15,769 8 10 | 302,382 17 7 | 887,070 0 1 |
| Colonial Bank of New Zealand | 112,793 17 8 | 4,472 8 11 | 1,298 10 9 | 378,037 11 3 | 1,029,588 3 8 |
| Totals | 887,229 17 0 | 53,399 12 5 | 34,978 3 3 | 436,238 3 10 | 3,329,871 4 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. |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Bank of New Zealand | 679,155 11 0 | 87,652 9 8 | 23,375 10 0 | 17,876 14 5 | 89,591 3 11 | 707,132 10 10 | 5,045,770 14 10 | 211,813 3 4 | 6,862,367 18 0 | ||
| Union Bank of Australia, Limited | 639,958 13 3 | 7,391 1 3 | 1,505 17 0 | 78,480 16 5 | 527,987 5 11 | 1,207,363 10 6 | 68,996 11 9 | 2,531,683 16 1 | |||
| Bank of New South Wales | 440,452 5 6 | 29,276 19 0 | 2,927 4 5 | 32,000 18 7 | 94,374 7 11 | 242,969 19 4 | 1,576,673 9 3 | 56,494 18 4 | 2,475,170 2 4 | ||
| Bank of Australasia | 270,197 5 7 | 2,059 13 8 | 4,500 0 0 | 60,734 19 11 | 242,888 12 1 | 908,994 17 7 | 1,701 8 9 | 1,491,076 17 7 | |||
| National Bank of New Zealand, Limited | 230,491 18 1 | 22,077 11 7 | 3,433 5 5 | 12,277 3 8 | 89,027 5 9 | 325,217 13 7 | 1,239,719 2 7 | 12,265 11 2 | 1,934,509 11 10 | ||
| Colonial Bank of New Zealand | 161,273 19 10 | 23,260 19 9 | 3,705 11 7 | 97,489 18 0 | 101,319 14 10 | 344,894 16 0 | 100,000 0 0 | 1,612,912 15 9 | 28,944 1 8 | 2,473,801 17 5 | |
| Totals | 2,421,529 13 3 | 169,659 1 3 | 37,007 2 1 | 164,144 14 8 | 513,528 8 9 | 2,391,090 17 9 | 100,000 0 0 | 11,591,434 10 6 | 380,215 15 0 | 17,768,610 3 3 |
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. |
|---|---|---|---|---|
| £ | Nil | £ s. d. | £ s. d. | |
| Bank of New Zealand | 828,714 | Nil | 33,290 11 5 | |
| Union Bank of Australia, Limited | 1,500,000 | Fourteen per cent. | 105,000 0 0 | 1,120,378 15 0 |
| Bank of New South Wales | 1,250,000 | Seventeen and a half per cent. | 109,375 0 0 | 960,000 0 0 |
| Bank of Australasia | 1,600,000 | Fourteen per cent. | 112,000 0 0 | 815,040 0 0 |
| National Bank of New Zealand, Limited | 250,000 | Five per cent. | 6,250 0 0 | 18,029 3 1 |
| Colonial Bank of New Zealand | 400,000 | Seven per cent. | 14,000 0 0 | 67,976 9 8 |
The Treasury, Wellington, 20th January, 1891.
JAS. B. HEYWOOD, Secretary to the Treasury.
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✨ LLM interpretation of page content
💰 Statement of Bank Liabilities and Assets
💰 Finance & Revenue20 January 1891
Banks, Liabilities, Assets, Financial Statements, New Zealand, 1890
- Jas. B. Heywood, Secretary to the Treasury
NZ Gazette 1891, No 10