Bank Financial Statements




STATEMENT of the LIABILITIES and ASSETS of the undermentioned BANKS in the COLONY of NEW ZEALAND for the QUARTER ended 30th JUNE, 1903.

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 .. 798,678 17 0 25,159 7 8 14,438 12 11 1,707,816 5 9 4,177,749 7 11 3,968,133 15 9 10,691,976 7 0
Union Bank of Australia, Limited .. 147,592 12 3 8,928 5 8 .. .. 1,305,904 9 6 1,256,675 9 10 2,719,100 17 3
Bank of New South Wales.. 157,727 1 6 6,877 2 10 2,654 4 4 .. 1,214,477 19 4 1,546,273 9 11 2,928,009 17 11
Bank of Australasia .. 126,278 0 0 9,818 0 11 .. .. 900,383 18 3 693,270 2 4 1,729,750 1 6
National Bank of New Zealand, Limited .. 270,970 13 11 4,699 5 7 26,453 15 10 .. 1,339,029 14 6 1,344,710 15 5 2,985,864 5 3
Totals .. 1,501,247 4 8 55,482 2 8 43,546 13 1 1,707,816 5 9 8,937,545 9 6 8,809,063 13 3 21,054,701 8 11

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 .. 1,201,643 13 3 119,160 16 11 48,090 9 0 1,004 9 105,863 6 11 884,113 9 10 678,131 5 0 .. 3,673,036 12 4 1,173,617 1 2 7,884,661 0 2
Union Bank of Australia, Limited 589,406 3 11 3,270 0 0 2,410 1 0 .. 71,650 0 0 126,393 11 6 .. .. 1,460,765 11 10 66,073 10 10 2,319,968 19 1
Bank of New South Wales 661,866 2 1 27,866 11 9 5,582 4 6 9,447 11 5 99,713 9 3 285,971 8 9 167,963 9 8 63,988 7 11 2,199,980 19 0 134,234 2 1 3,656,614 6 5
Bank of Australasia .. 405,686 7 1 8,024 10 6 6,911 17 10 .. 61,620 11 11 299,465 15 10 50,000 0 0 .. 2,098,191 12 3 2,171 19 7 2,932,072 15 0
National Bank of New Zealand, Limited 546,933 8 10 34,387 13 0 6,738 0 10 7,911 8 11 76,204 6 5 248,296 8 4 50,000 0 0 .. 1,934,136 11 0 12,491 12 11 2,917,099 10 3
Totals .. 3,405,535 15 2 192,709 12 2 69,732 13 2 18,363 6 1 415,051 14 6 1,844,240 14 3 946,094 14 8 63,988 7 11 11,366,111 6 5 1,388,588 6 7 19,710,416 10 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 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 Eight per cent. .. 60,000 0 0 1,030,143 17 10
Bank of New South Wales .. 2,000,000 Ten per cent. .. 100,000 0 0 1,315,000 0 0
Bank of Australasia .. 1,600,000 Eleven per cent. .. 88,000 0 0 1,084,640 0 0
National Bank of New Zealand, Limited .. 250,000 Ten per cent. .. 12,500 0 0 173,227 0 0

The Treasury, Wellington, 24th July, 1903. ROBERT J. COLLINS, Assistant Secretary to the Treasury.



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 1903, No 61





✨ LLM interpretation of page content

💰 Statement of Liabilities and Assets of Banks in New Zealand

💰 Finance & Revenue
24 July 1903
Banks, Liabilities, Assets, Capital, Dividends, Reserves, Government Securities, Deposits, New Zealand
  • Robert J. Collins, Assistant Secretary to the Treasury