Bank Financial Statements




STATEMENT of the LIABILITIES and ASSETS of the undermentioned BANKS in the DOMINION of NEW ZEALAND for the QUARTER ended 31st DECEMBER, 1907.

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 .. .. 899,933 13 1 45,157 8 7 28,324 1 5 1,952,428 3 3 5,102,775 13 2 4,654,735 2 4 12,683,354 1 10
Union Bank of Australia, Limited .. 148,461 0 0 13,388 0 0 2,921 0 0 .. 1,602,847 0 0 1,322,730 0 0 3,090,347 0 0
Bank of New South Wales.. .. 176,068 5 5 7,402 8 7 26,232 6 11 .. 1,498,067 14 4 1,636,043 13 5 3,343,814 3 8
Bank of Australasia .. .. 143,231 18 2 16,107 11 1 .. .. 1,243,574 8 1 581,783 12 8 1,984,697 10 0
National Bank of New Zealand, Limited .. 274,163 0 0 8,368 0 0 20,624 0 0 .. 1,688,744 0 0 1,456,001 0 0 3,447,900 0 0
Totals .. .. 1,641,857 16 8 90,423 3 3 78,101 8 4 1,952,428 3 3 11,136,008 15 7 9,651,293 8 5 24,550,112 15 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 .. .. 2,007,408 15 3 101,076 5 6 102,973 1 10 1,690 3 2 106,133 17 9 949,384 4 4 1,068,621 0 0 .. 6,895,910 11 0 863,587 14 3 12,096,785 13 1
Union Bank of Australia, Limited 574,048 0 0 7,267 0 0 36,123 0 0 494 0 0 67,315 0 0 219,942 0 0 .. .. 3,131,040 0 0 109,120 0 0 4,145,349 0 0
Bank of New South Wales .. 746,729 3 3 20,023 12 7 4,180 0 0 28,078 3 7 121,027 15 10 246,041 2 0 167,905 19 0 59,014 2 11 2,709,164 18 10 134,806 11 8 4,236,971 9 8
Bank of Australasia .. .. 516,636 17 2 1,677 9 3 31,457 3 4 .. 59,750 10 3 341,139 17 7 .. .. 2,729,452 10 9 10,127. 2 2 3,690,241 10 6
National Bank of New Zealand, Limited 970,085 0 0 39,614 0 0 53,795 0 0 11,097 0 0 87,168 0 0 312,765 0 0 50,000 0 0 .. 2,448,289 0 0 6,540 0 0 3,979,353 0 0
Totals .. .. 4,814,907 15 8 169,658 7 4 228,528 5 2 41,359 6 9 441,395 3 10 2,069,272 3 11 1,286,526 19 0 59,014 2 11 17,913,857 0 7 1,124,181. 8 1 28,148,700 13 3

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 .. .. .. 37,500 0 0 281,675 0 0
Preferred shares subscribed for by the Government of N.Z. 500,000 Ten per cent. per annum .. .. .. 50,000 0 0
Capital payable by shareholders .. .. .. 500,000
Union Bank of Australia, Limited .. .. 1,500,000 Ten per cent. per annum, and bonus 2 per cent. .. .. 75,000 0 0 1,309,310 0 0
{bonus 30,000 0 0}
Bank of New South Wales .. .. 2,425,400 Ten per cent. .. .. .. .. 110,635 0 0 1,530,000 0 0
Bank of Australasia .. .. 1,600,000 Twelve per cent. per annum, and bonus 2 per cent. .. .. 112,000 0 0 1,427,320 0 0
National Bank of New Zealand, Limited .. .. 375,000 Ten per cent. for half-year, and bonus 2 per cent. .. .. 26,250 0 0 365,068 0 0

The Treasury, Wellington, 20th January, 1908. ROBERT J. COLLINS, Secretary to the Treasury.



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 1908, No 6





✨ LLM interpretation of page content

💰 Statement of Liabilities and Assets of Banks for Quarter Ended 31st December 1907

💰 Finance & Revenue
20 January 1908
Banks, Liabilities, Assets, Deposits, Securities, Capital, Profits, New Zealand
  • Robert J. Collins, Secretary to the Treasury