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, 1901.

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 .. .. 720,527 0 0 20,046 10 7 14,560 4 6 770,503 14 9 3,149,633 16 2 3,497,038 14 7 8,172,310 0 7
Union Bank of Australia, Limited .. 136,797 4 9 5,650 8 0 .. .. 1,076,464 3 2 1,243,188 2 6 2,462,099 18 5
Bank of New South Wales.. .. 150,880 4 2 4,980 10 1 1,007 2 9 .. 940,022 18 7 1,563,605 15 8 2,660,496 11 3
Bank of Australasia .. .. 114,393 0 0 12,719 14 5 .. .. 724,721 13 5 641,609 7 11 1,493,443 15 9
National Bank of New Zealand, Limited .. 226,627 16 8 4,829 11 0 19,366 12 1 .. 1,038,527 6 3 1,250,908 14 9 2,540,260 0 9
Totals .. .. 1,349,225 5 7 48,226 14 1 34,933 19 4 770,503 14 9 6,929,369 17 7 8,196,350 15 5 17,328,610 6 9

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 .. .. 963,895 3 11 70,442 19 4 46,269 14 10 1,261 13 3 116,017 8 4 859,208 0 9 628,131 5 0 .. 3,325,314 6 10 1,650,462 12 11 7,661,003 5 2
Union Bank of Australia, Limited 538,292 8 6 374 0 0 2,016 14 5 .. 71,732 7 9 201,246 18 7 .. .. 1,396,341 7 8 59,713 14 0 2,269,717 10 11
Bank of New South Wales .. 519,844 19 2 31,237 10 4 4,236 15 0 18,343 0 3 95,999 13 11 257,191 15 0 67,963 9 8 63,988 7 11 1,970,942 8 8 124,780 11 7 3,154,528 11 6
Bank of Australasia .. .. 352,202 16 5 1,930 3 4 3,838 10 4 .. 62,142 9 10 316,224 11 7 .. .. 1,676,704 14 7 2,042 19 6 2,415,086 5 7
National Bank of New Zealand, Limited 377,972 6 7 29,177 3 1 4,561 5 4 26,627 13 9 88,007 13 4 248,145 7 3 .. .. 1,864,400 7 8 11,996 10 9 2,650,388 7 9
Totals .. .. 2,752,207 14 7 133,161 16 60,922 19 11 46,232 7 3 433,899 13 21,882,016 13 2696,094 14 863,988 7 11 10,233,703 5 5 1,848,996 8 2 18,151,224 0 11

CAPITAL AND PROFITS.

BANKS. Capital paid up. Rate per Annum of Last Dividend. Amount of Last Dividend declared. Amount of Reserved Profits at Time of declaring such Dividend.
£ £ s. d. £ s. d.
Bank of New Zealand—
4-per-cent. stock guaranteed by the Government of N.Z. .. 2,000,000 .. .. 23,474 7 4
Capital payable by shareholders .. .. 500,000 .. .. ..
Union Bank of Australia, Limited .. .. 1,500,000 Seven per cent. .. .. .. .. .. .. 52,500 0 0 899,689 13 8
Bank of New South Wales .. .. 2,000,000 Ten per cent. .. .. .. .. .. .. 100,000 0 0 1,250,000 0 0
Bank of Australasia .. .. 1,600,000 Eight per cent. .. .. .. .. .. .. 80,000 0 0 939,040 0 0
National Bank of New Zealand, Limited .. .. 250,000 Eight per cent. .. .. .. .. .. .. 10,000 0 0 100,009 0 0

The Treasury, Wellington, 22nd April, 1901. JAS. B. HEYWOOD, Secretary to the Treasury.



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 1901, No 41





✨ LLM interpretation of page content

💰 Statement of the Liabilities and Assets of Banks in New Zealand (continued from previous page)

💰 Finance & Revenue
22 April 1901
Banks, Liabilities, Assets, Financial Statement, Capital, Profits, Bank of New Zealand, Union Bank of Australia, Bank of New South Wales, Bank of Australasia, National Bank of New Zealand
  • Jas. B. Heywood, Secretary to the Treasury