✨ Bank Financial Statements
STATEMENT of the LIABILITIES and ASSETS of the undermentioned BANKS in the COLONY of NEW ZEALAND for the QUARTER ended 30th SEPTEMBER, 1906.
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 .. .. | 836,518 4 6 | 49,509 12 9 | 18,690 10 4 | 2,072,290 6 0 | 4,893,838 10 0 | 4,564,342 12 7 | 12,435,189 16 2 |
| Union Bank of Australia, Limited .. | 160,796 18 6 | 10,704 13 6 | 5,640 12 7 | .. | 1,578,829 7 11 | 1,583,124 19 1 | 3,339,096 11 7 |
| Bank of New South Wales.. .. | 165,933 0 9 | 8,675 19 3 | 11,428 9 7 | .. | 1,398,298 0 5 | 1,675,360 17 10 | 3,259,696 7 10 |
| Bank of Australasia .. .. | 129,583 7 9 | 14,215 1 10 | .. | .. | 1,148,524 8 9 | 643,942 16 10 | 1,936,265 15 2 |
| National Bank of New Zealand, Limited .. | 259,851 0 0 | 11,339 0 0 | 9,278 0 0 | .. | 1,641,070 0 0 | 1,484,030 0 0 | 3,405,568 0 0 |
| Totals .. .. | 1,552,682 11 6 | 94,444 7 4 | 45,037 12 6 | 2,072,290 6 0 | 10,660,560 7 1 | 9,950,801 6 4 | 24,375,816 10 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 .. .. | 1,871,228 5 11 | 93,307 15 11 | 102,869 3 9 | 898 2 9 | 103,376 8 9 | 872,522 16 8 | 892,040 0 0 | .. | 5,132,911 18 3 | 503,712 7 5 | 9,572,866 19 5 |
| Union Bank of Australia, Limited | 846,329 2 1 | 4,128 8 1 | 32,197 8 3 | .. | 65,535 0 0 | 186,703 3 6 | .. | .. | 2,344,893 14 9 | 116,136 16 2 | 3,595,923 12 10 |
| Bank of New South Wales .. | 496,074 5 9 | 20,278 2 2 | 7,092 1 6 | 33,608 12 5 | 125,105 3 3 | 273,977 18 4 | 167,905 19 0 | 63,988 7 11 | 2,477,103 6 10 | 117,917 18 10 | 3,783,051 16 0 |
| Bank of Australasia .. .. | 505,518 10 9 | 1,760 7 9 | 26,316 13 7 | .. | 77,658 10 3 | 319,878 6 11 | .. | .. | 2,374,933 12 1 | 2,704 3 4 | 3,308,770 4 8 |
| National Bank of New Zealand, Limited | 810,439 0 0 | 78,889 0 0 | 46,078 0 0 | 35,029 0 0 | 76,915 0 0 | 319,044 0 0 | 50,000 0 0 | .. | 2,270,922 0 0 | 10,608 0 0 | 3,697,924 0 0 |
| Totals .. .. | 4,529,589 4 6 | 198,363 13 11 | 214,553 7 1 | 69,535 15 2 | 448,590 2 3 | 1,972,126 5 5 | 1,109,945 19 0 | 63,988 7 11 | 14,600,764 11 11 | 751,079 5 9 | 23,958,536 12 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. .. | 1,000,000 | Five per cent. .. .. .. .. .. | {Pref. sh. 25,000 0 0} | 81,294 10 3 |
| Preferred shares subscribed for by the Government of N.Z. | 500,000 | {Ord. „ 25,000 0 0} | ||
| Capital payable by shareholders .. .. | 500,000 | |||
| Union Bank of Australia, Limited .. .. | 1,500,000 | Ten per cent. .. .. .. .. .. | 75,000 0 0 | 1,189,154 11 0 |
| Bank of New South Wales .. .. | 2,000,000 | Ten per cent. .. .. .. .. .. | 100,000 0 0 | 1,450,000 0 0 |
| Bank of Australasia .. .. | 1,600,000 | Twelve per cent. .. .. .. .. .. | 96,000 0 0 | 1,297,350 0 0 |
| National Bank of New Zealand, Limited.. .. | 250,000 | Ten per cent. per annum for half-year, and 2 per cent. bonus | 17,500 0 0 | 280,167 0 0 |
The Treasury, Wellington, 16th October, 1906. JAS. B. HEYWOOD, Secretary to the Treasury.
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✨ LLM interpretation of page content
💰 Statement of Liabilities and Assets of Banks in New Zealand
💰 Finance & Revenue16 October 1906
Bank Liabilities, Bank Assets, Financial Statement, Colonial Government Securities
- JAS. B. HEYWOOD, Secretary to the Treasury
NZ Gazette 1906, No 87