✨ Bank Financial Statements
STATEMENT of the LIABILITIES and ASSETS of the undermentioned BANKS in the DOMINION of NEW ZEALAND for the QUARTER ended 31st MARCH, 1908.
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 .. | 888,030 14 7 | 53,776 11 3 | 24,581 19 1 | 1,748,902 1 9 | 5,321,918 6 10. | 4,573,010 3 3 | 12,610,219 16 9 |
| Union Bank of Australia, Limited .. | 155,154 0 0 | 11,318 0 0 | 3,028 0 0 | .. | 1,579,497 0 0 | 1,313,818 0 0 | 3,062,815 0 0 |
| Bank of New South Wales.. | 182,677 10 0 | 10,145 16 6 | 30,470 2 4 | .. | 1,563,898 4 6 | 1,624,005 17 10 | 3,411,197 11 2 |
| Bank of Australasia .. | 146,276 18 4 | 19,127 6 4 | .. | .. | 1,291,111 8 5 | 583,774 0 6 | 2,040,289 13 7 |
| National Bank of New Zealand, Limited .. | 268,644 0 0 | 9,258 0 0 | 25,295 0 0 | .. | 1,778,455 0 0 | 1,459,086 0 0 | 3,540,738 0 0 |
| Totals .. | 1,640,783 2 11 | 103,625 14 1 | 83,375 1 5 | 1,748,902 1 9 | 11,534,879 19 9 | 9,553,694 1 7 | 24,665,260 1 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 .. | 2,134,690 14 9 | 50,602 6 10 | 120,664 8 5 | 2,195 3 4 | 106,834 6 9 | 996,062 1 0 | 1,077,113 6 2 | .. | 7,104,932 15 4 | 819,462 6 5 | 12,412,557 9 0 |
| Union Bank of Australia, Limited | 591,211 0 0 | 4,640 0 0 | 36,183 0 0 | 533 0 0 | 66,865 0 0 | 214,903 0 0 | .. | .. | 3,297,026 0 0 | 95,204 0 0 | 4,306,565 0 0 |
| Bank of New South Wales | 740,039 0 7 | 17,725 16 5 | 3,757 1 6 | 30,840 11 11 | 123,245 4 4 | 251,857 17 9 | 167,905 19 0 | 59,014 2 11 | 2,803,435 13 4 | 138,797 1 9 | 4,336,118 9 6 |
| Bank of Australasia .. | 544,651 16 1 | 1,617 9 2 | 37,716 2 5 | .. | 61,307 8 5 | 340,357 6 7 | .. | .. | 2,770,722 0 3 | 10,321 9 8 | 3,766,693 12 7 |
| National Bank of New Zealand, Limited | 862,802 0 0 | 30,678 0 0 | 56,946 0 0 | 48,925 0 0 | 89,005 0 0 | 292,615 0 0 | 50,000 0 0 | .. | 2,566,193 0 0 | 6,472 0 0 | 4,003,636 0 0 |
| Totals .. | 4,873,394 11 5 | 105,263 12 5 | 255,266 12 4 | 81,993 15 3 | 447,256 19 6 | 2,095,795 5 4 | 1,295,019 5 2 | 59,014 2 11 | 18,542,309 8 11 | 1,070,256 17 10 | 28,825,570 11 1 |
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 | Seven and a half per cent. per annum .. .. .. | .. | .. |
| Preferred shares subscribed for by the Government of N.Z. | 500,000 | Ten per cent. per annum .. .. .. | 87,500 0 0 | 281,675 0 0 |
| Capital payable by shareholders .. | 500,000 | Ten per cent. per annum, and bonus two per cent. .. .. | 105,000 0 0 | 1,340,870 0 0 |
| Union Bank of Australia, Limited .. | 1,500,000 | Ten per cent. .. .. .. | 110,635 0 0 | 1,530,000 0 0 |
| Bank of New South Wales .. | 2,493,720 | Fourteen per cent. per annum .. .. .. | 112,000 0 0 | 1,486,070 0 0 |
| Bank of Australasia .. | 1,600,000 | Ten per cent. per annum for half-year .. .. .. | 18,750 0 0 | 365,068 0 0 |
| National Bank of New Zealand, Limited.. | 375,000 |
The Treasury, Wellington, 22nd April, 1908. ROBERT J. COLLINS, Secretary to the Treasury.
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✨ LLM interpretation of page content
💰 Quarterly Financial Statements of Banks in New Zealand
💰 Finance & Revenue22 April 1908
Banks, Liabilities, Assets, Capital, Profits, New Zealand, Quarter ended 31 March 1908
- Robert J. Collins, Secretary to the Treasury
NZ Gazette 1908, No 32