✨ 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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✨ LLM interpretation of page content
💰 Statement of Liabilities and Assets of Banks in New Zealand
💰 Finance & Revenue24 July 1903
Banks, Liabilities, Assets, Capital, Dividends, Reserves, Government Securities, Deposits, New Zealand
- Robert J. Collins, Assistant Secretary to the Treasury
NZ Gazette 1903, No 61