✨ Bank Financial Statements
STATEMENT of the LIABILITIES and ASSETS of the undermentioned BANKS in the DOMINION of NEW ZEALAND for the QUARTER ended 30th SEPTEMBER, 1917.
LIABILITIES.
| BANKS. | Notes \n in \n Circulation. | Bills \n in \n Circulation. | Balances due \n to \n other Banks. | Deposits. | Total Liabilities. |
|---|---|---|---|---|---|
| £ s. d. | £ s. d. | £ s. d. | Government. | Not bearing Interest. | |
| Bank of New Zealand | 3,472,805 17 10 | 44,939 2 11 | 40,890 1 0 | 7,425,644 3 6 | 10,452,239 14 8 |
| Union Bank of Australia, Limited | 478,532 0 0 | 11,698 0 0 | 6,175 0 0 | 68 0 0 | 2,930,594 0 0 |
| Bank of New South Wales | 417,947 10 0 | 18,119 15 6 | 42,913 19 4 | 2,604,453 6 10 | |
| Bank of Australasia | 438,469 0 0 | 19,206 17 7 | 2,295,137 11 11 | ||
| National Bank of New Zealand, Limited | 786,355 0 0 | 7,087 0 0 | 38,455 0 0 | 3,056,676 0 0 | |
| Commercial Bank of Australia, Limited | 56,771 0 10 | 1,173 0 3 | 228,720 9 6 | ||
| Totals | 5,650,880 8 8 | 102,223 16 3 | 128,434 0 4 | 7,425,712 3 6 | 21,567,821 2 11 |
ASSETS.
| BANKS. | Coined Gold and \n Silver and other \n Coined Metals. | Gold and Silver \n in \n Bullion or Bars. | Notes and \n Bills of other \n Banks. | Balances due \n from \n other Banks. | Landed \n Property. | Notes and \n Bills \n discounted. | Colonial \n Government \n Securities. | Legal Tender \n Notes of \n other Banks. | Debts due to Bank, \n exclusive of Debts \n abandoned as bad. | Securities not \n included under \n other Heads. | Total Assets. |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Bank of New Zealand | 3,435,941 18 11 | 253,713 4 3 | 135,844 15 4 | 28,978 6 4 | 190,526 4 6 | 801,630 16 7 | 2,743,754 2 4 | 389,925 11 6 | 12,761,657 9 8 | 562,401 16 11 | 21,304,374 6 4 |
| Union Bank of Australia, Limited | 875,936 0 0 | 3,037 0 0 | 46,636 0 0 | 1,567 0 0 | 51,600 0 0 | 99,459 0 0 | 241,015 0 0 | 163,900 0 0 | 3,996,651 0 0 | 36,264 0 0 | 5,516,065 0 0 |
| Bank of New South Wales | 1,221,232 5 4 | 51,761 0 8 | 50,845 0 6 | 132,161 18 6 | 85,528 19 2 | 896,561 6 8 | 843,898 19 3 | 3,156,218 3 2 | 140,132 19 9 | 6,578,340 13 0 | |
| Bank of Australasia | 978,593 8 8 | 200 17 2 | 35,052 0 7 | 11,302 13 5 | 105,107 1 11 | 195,753 17 0 | 25,822 19 1 | 2,912,090 3 4 | 9,230 3 0 | 4,273,153 4 2 | |
| National Bank of N.Z., Limited | 958,906 0 0 | 444,130 0 0 | 80,188 0 0 | 4,586 0 0 | 162,677 0 0 | 186,733 0 0 | 737,899 0 0 | 69,384 0 0 | 4,077,807 0 0 | 15,183 0 0 | 6,737,493 0 0 |
| Commercial Bank of Australia, \n Limited | 95,048 19 9 | 10,249 1 9 | 49,000 0 0 | 19,000 16 2 | 1,964 12 4 | 35,628 15 0 | 213,567 15 8 | 423 6 10 | 424,883 7 6 | ||
| Totals | 7,565,658 12 8 | 752,842 2 1 | 307,969 17 8 | 85,976 6 10 | 597,267 16 5 | 1,297,459 13 10 | 4,816,947 18 4 | 1,528,560 4 10 | 27,117,991 11 10 | 763,635 6 6 | 6,44,834,809 11 0 |
CAPITAL AND PROFITS.
| BANKS. | Capital paid up. | Rate per Annum of Last Dividend. | Amount of Last Dividend \n declared. | Amount of Reserved \n Profits at Time of \n declaring such Dividend |
|---|---|---|---|---|
| Bank of New Zealand— 4-per-cent. stock guaranteed by the Government of N.Z... “A” preference shares issued to the Crown under Bank of New Zealand Act, 1903 “B” preference shares issued to the Crown under Bank of New Zealand Act, 1913 Ordinary shares |
£ 529,988 £ 500,000 £ 250,000 £ 1,000,000 |
On “A” preference shares, ten per cent. per annum On “B” preference shares, fifteen per cent. per annum On ordinary shares, dividend twelve per cent. per annum and bonus three per cent. per annum, equal to fifteen per cent. per annum |
... £ 237,500 0 0 ... ... ... |
... £ 2,246,595 0 0 ... ... ... |
| Union Bank of Australia, Limited | £ 2,000,000 | Ten per cent. per annum, and two per cent. bonus for half-year, together equal to fourteen per cent. per annum |
£ 140,000 0 0 | £ 2,193,133 0 0 |
| Bank of New South Wales | £ 3,894,980 | Ten per cent. per annum | £ 194,464 10 0 | £ 2,800,000 0 0 |
| Bank of Australasia | £ 2,000,000 | Fourteen per cent. per annum, and bonus twelve shillings per share, equal to seventeen per cent. per annum |
£ 170,000 0 0 | £ 2,997,850 0 0 |
| National Bank of New Zealand, Limited | £ 750,000 | Twelve per cent. per annum for half-year and 1 per cent. bonus | £ 52,500 0 0 | £ 814,254 0 0 |
| Commercial Bank of Australia, Limited {Ordinary Preference |
£ 95,659 £ 2,117,350 |
Four per cent. per annum (preference only) ... |
£ 42,347 0 0 ... |
£ 9,406 10 9 ... |
The Treasury, Wellington, 11th October, 1917.
G. F. C. CAMPBELL, Secretary to the Treasury.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 1917, No 154
NZLII —
NZ Gazette 1917, No 154
✨ LLM interpretation of page content
💰 Bank Liabilities and Assets Statement for Quarter Ended 30 September 1917
💰 Finance & Revenue11 October 1917
Banking, Financial Statements, Liabilities, Assets, Quarterly Report
- G. F. C. Campbell, Secretary to the Treasury