✨ Banking Statistics
STATEMENT of the LIABILITIES and ASSETS of the undermentioned BANKS in the COLONY of NEW ZEALAND for the QUARTER ended 31st DECEMBER, 1902.
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 .. | 741,632 3 4 | 27,701 8 3 | 14,304 0 0 | 1,130,947 13 9 | 3,579,206 3 5 | 3,959,204 1 5 | 9,452,995 10 2 |
| Union Bank of Australia, Limited .. | 134,287 10 8 | 11,300 2 8 | .. | .. | 1,142,974 11 10 | 1,224,043 10 11 | 2,512,605 16 1 |
| Bank of New South Wales.. | 148,263 0 0 | 5,726 18 4 | 3,809 0 0 | .. | 1,007,410 16 5 | 1,547,837 2 6 | 2,713,046 17 3 |
| Bank of Australasia .. | 119,554 12 3 | 11,926 5 1 | .. | .. | 766,300 10 11 | 659,897 1 11 | 1,557,678 10 2 |
| National Bank of New Zealand, Limited .. | 255,306 10 9 | 6,036 2 9 | 9,288 0 2 | .. | 1,180,190 5 8 | 1,331,385 1 6 | 2,782,206 0 10 |
| Totals .. | 1,399,043 17 0 | 62,690 17 1 | 27,401 0 2 | 1,130,947 13 9 | 7,676,082 8 3 | 8,722,366 18 3 | 19,018,532 14 6 |
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 .. | 1,036,043 17 4 | 99,239 11 10 | 38,279 17 7 | 1,536 2 6 | 106,596 4 1 | 840,936 8 8 | 578,131 5 0 | .. | 3,544,848 18 3 | 1,293,476 3 4 | 7,539,088 8 7 |
| Union Bank of Australia, Limited | 595,585 16 4 | 2,774 0 0 | 2,089 1 7 | .. | 71,650 0 0 | 140,182 18 7 | .. | .. | 1,344,326 15 4 | 58,019 18 11 | 2,214,628 10 9 |
| Bank of New South Wales | 522,351 18 8 | 26,600 0 9 | 4,974 13 8 | 10,166 9 1 | 98,248 15 10 | 264,586 15 5 | 167,923 13 0 | 63,988 7 11 | 2,292,517 10 10 | 148,568 9 9 | 3,599,926 14 11 |
| Bank of Australasia .. | 353,654 19 0 | 6,525 18 11 | 4,316 18 7 | .. | 57,259 15 6 | 314,753 15 2 | 50,000 0 0 | .. | 2,094,570 0 3 | 2,616 6 10 | 2,883,697 14 3 |
| National Bank of New Zealand, Limited | 617,279 14 4 | 32,033 17 0 | 5,708 15 10 | 23,799 9 3 | 76,707 11 7 | 268,599 10 3 | 50,000 0 0 | .. | 1,838,687 13 10 | 12,019 16 0 | 2,924,836 8 1 |
| Totals .. | 3,124,916 5 8 | 167,173 8 6 | 55,369 7 3 | 35,502 0 10 | 410,462 7 0 | 1,829,059 8 1 | 846,054 18 0 | 63,988 7 11 | 11,114,950 18 6 | 1,514,700 14 10 | 19,162,177 16 7 |
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 | 996,213 2 3 |
| Bank of New South Wales .. | 2,000,000 | Ten per cent. .. | 100,000 0 0 | 1,300,000 0 0 |
| Bank of Australasia .. | 1,600,000 | Eleven per cent. .. | 88,000 0 0 | 1,049,700 0 0 |
| National Bank of New Zealand, Limited .. | 250,000 | Eight per cent. for half-year, and 2 per cent. bonus .. | *15,000 0 0 | 173,227 0 0 |
*Including bonus.
The Treasury, Wellington, 28th January, 1903. JAS. B. HEYWOOD, Secretary to the Treasury.
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✨ LLM interpretation of page content
💰
Statement of average Liabilities and Assets of the undermentioned Banks in the Colony of New Zealand for the quarter ended 31st December, 1902
(continued from previous page)
💰 Finance & Revenue28 January 1903
Banking, Liabilities, Assets, Deposits, Gold reserves, Securities, Dividend, Capital, Reserved profits
- JAS. B. HEYWOOD, Secretary to the Treasury
NZ Gazette 1903, No 7