✨ Banking Statistics
STATEMENT of the LIABILITIES and ASSETS of the undermentioned BANKS in the COLONY of NEW ZEALAND for the QUARTER ended 31st MARCH, 1903.
LIABILITIES.
| BANKS. | Notes in Circulation. | Bills in Circulation. | Balances due to other Banks. | Government. | Deposits. | Total Liabilities. | |
|---|---|---|---|---|---|---|---|
| £ s. d. | £ s. d. | £ s. d. | £ s. d. | Not bearing Interest. | Bearing Interest. | £ s. d. | |
| Bank of New Zealand .. | 739,480 9 3 | 27,735 2 8 | 14,944 7 5 | 1,451,650 12 6 | 3,844,221 5 1 | 3,966,057 18 10 | 10,044,089 15 9 |
| Union Bank of Australia, Limited .. | 139,512 4 7 | 9,401 16 9 | .. | .. | 1,222,296 1 9 | 1,232,721 14 4 | 2,603,931 17 5 |
| Bank of New South Wales.. | 153,814 4 7 | 5,282 8 4 | 4,203 16 9 | .. | 1,129,777 3 0 | 1,546,471 8 1 | 2,839,549 0 9 |
| Bank of Australasia .. | 125,659 1 5 | 11,591 1 7 | .. | .. | 823,067 13 1 | 676,250 3 10 | 1,636,567 19 11 |
| National Bank of New Zealand, Limited .. | 254,777 9 1 | 5,527 1 9 | 15,631 5 9 | .. | 1,240,521 17 6 | 1,315,143 1 1 | 2,831,600 15 2 |
| Totals .. | 1,413,243 8 11 | 59,537 11 1 | 34,779 9 11 | 1,451,650 12 6 | 8,259,884 0 5 | 8,736,644 6 2 | 19,955,739 9 0 |
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 .. | 1,103,288 17 9 | 94,469 11 10 | 48,136 2 0 | 1,020 5 8 | 105,675 17 8 | 875,315 16 2 | 655,054 6 7 | .. | 3,560,663 9 10 | 1,287,984 15 1 | 7,731,609 2 7 |
| Union Bank of Australia, Limited | 600,767 9 4 | 1,701 0 0 | 2,163 13 10 | .. | 71,650 0 0 | 132,422 2 11 | .. | .. | 1,354,996 15 3 | 63,748 18 9 | 2,227,450 0 1 |
| Bank of New South Wales | 603,889 11 4 | 23,350 8 2 | 5,228 9 2 | 10,973 18 11 | 98,449 2 7 | 281,637 16 9 | 167,963 9 8 | 63,988 7 11 | 2,239,366 3 8 | 140,504 3 4 | 3,640,351 11 6 |
| Bank of Australasia .. | 373,525 19 7 | 5,384 14 11 | 4,735 19 3 | .. | 59,490 11 0 | 306,221 7 6 | 50,000 0 0 | .. | 2,094,185 13 6 | 2,181 9 1 | 2,895,725 14 10 |
| National Bank of New Zealand, Limited | 526,089 4 3 | 30,777 3 3 | 5,525 2 10 | 26,558 9 11 | 76,728 7 0 | 247,265 19 2 | 50,000 0 0 | .. | 1,871,669 2 8 | 12,334 3 7 | 2,846,947 12 8 |
| Totals .. | 3,212,561 2 3 | 155,682 18 2 | 65,789 7 1 | 38,552 14 6 | 411,993 19 3 | 1,842,863 2 6 | 923,017 16 3 | 63,988 7 11 | 11,120,881 4 11 | 1,506,753 9 10 | 19,342,084 1 8 |
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 | Five per cent. .. | 21,366 0 0 | 23,474 7 4 |
| Capital payable by shareholders .. | 500,000 | |||
| Union Bank of Australia, Limited .. | 1,500,000 | cent. .. | 160,000 0 0 | 1,300,000 10 10 |
| Bank of New South Wales .. | 2,000,000 | Eleven per cent. .. | 88,000 | 1,084,640 0 0 |
| Bank of Australasia .. | 1,600,000 | |||
| National Bank of New Zealand, Limited .. | 250,000 | Ten per cent. | 12,500 0 0 | 173,227 0 0 |
The Treasury, Wellington, 22nd April, 1903. Jas. B. Heywood, Secretary to the Treasury.
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NZ Gazette 1903, No 31
✨ LLM interpretation of page content
💰 Statement of Liabilities, Assets, and Capital of Banks in New Zealand
💰 Finance & Revenue22 April 1903
Banks, Liabilities, Assets, Capital, Dividends, Reserves, Government deposits, Balance sheets, Financial statements, New Zealand
- Jas. B. Heywood, Secretary to the Treasury