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, 1918.

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 3,140,147 17 10 58,091 9 4 51,050 15 8 8,325,603 18 10 10,286,910 12 5 6,941,318 15 11 28,803,123 9 7
Union Bank of Australia, Limited 585,119 0 0 8,295 0 0 8,736 0 0 230,938 0 0 2,820,820 0 0 1,658,443 0 0 5,312,351 0 0
Bank of New South Wales 867,809 15 0 16,375 1 2 20,511 7 2 173,968 11 5 2,562,641 13 11 2,252,744 16 10 5,894,051 5 6
Bank of Australasia 489,376 7 1 49,376 4 11 .. .. 2,479,479 10 2 1,103,448 5 3 4,121,680 7 5
National Bank of New Zealand, Limited 1,092,087 0 0 7,777 0 0 18,660 0 0 262,773 0 0 3,193,207 0 0 2,063,774 0 0 6,638,278 0 0
Commercial Bank of Australia, Limited 60,803 18 0 1,687 17 4 .. 19,271 8 7 303,186 4 9 104,232 0 0 489,181 8 8
Totals 6,235,343 17 11 141,602 12 9 98,958 2 5 9,012,554 18 10 21,646,245 1 3 14,123,960 18 0 51,258,665 11 2

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. Legal Tender Notes of other Banks. 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 3,373,096 13 9 322,145 1 5 124,432 8 11 119,717 11 11 192,274 10 0 774,118 4 2 2,991,269 14 3 954,422 0 9 14,553,047 2 5 523,151 8 3 23,927,674 15 10
Union Bank of Australia, Limited 869,935 0 0 4,053 0 0 72,666 0 0 1,693 0 0 51,600 0 0 62,507 0 0 746,443 0 0 77,312 0 0 4,123,931 0 0 30,562 0 0 6,040,702 0 0
Bank of New South Wales 1,195,344 7 5 86,358 4 6 631 15 9 69,209 13 1 132,193 11 1 89,044 9 1 934,325 4 9 13,657 13 7 3,589,169 4 1 147,290 19 3 6,257,225 2 7
Bank of Australasia 967,715 13 11 .. 51,421 12 0 .. 4,206 12 0 104,510 13 10 187,611 10 0 54,955 4 5 3,441,920 2 0 11,340 4 3 4,823,681 12 5
National Bank of N.Z., Limited 928,495 0 0 304,834 0 0 96,576 0 0 5,480 0 0 155,943 0 0 181,031 0 0 1,195,092 0 0 .. 4,353,140 0 0 15,426 0 0 7,236,017 0 0
Commercial Bank of Australia, Limited 94,820 11 6 .. 14,518 9 0 .. 49,000 0 0 31,726 4 2 20,341 17 10 59,502 15 9 342,488 10 11 999 13 9 613,398 2 11
Totals 7,429,407 6 7 717,390 5 11 360,246 5 8 196,100 5 0 585,217 13 1 1,242,937 11 3 6,075,083 6 10 1,159,849 14 6 30,403,695 19 5 728,770 5 3 48,898,698 13 9

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. 529,988 .. .. ..
“A” preference shares issued to the Crown under Bank of New Zealand Act, 1903 500,000 On “A” preference shares, ten per cent. per annum 237,500 0 0 2,345,702 0 0
“B” preference shares issued to the Crown under Bank of New Zealand Act, 1913 250,000 On “B” preference shares, dividend twelve per cent. per annum and bonus three per cent. per annum, equal to fifteen per cent. per annum .. ..
Ordinary shares 1,000,000 On ordinary shares, dividend twelve per cent. per annum and bonus three per cent. per annum, equal to fifteen per cent. per annum .. ..
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 2,239,293 0 0
Bank of New South Wales 3,904,860 Ten per cent. per annum 195,243 0 0 2,950,000 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 3,071,100 0 0
National Bank of New Zealand, Limited 750,000 Twelve per cent. per annum for half-year and one per cent. bonus 52,500 0 0 833,150 0 0
Commercial Bank of Australia, Limited Ordinary 95,659 Four per cent. per annum (preference only) 42,347 0 0
Preference 2,117,350

The Treasury, Wellington, 16th October, 1918. G. F. C. CAMPBELL, Secretary to the Treasury.



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 1918, No 140


NZLII PDF NZ Gazette 1918, No 140





✨ LLM interpretation of page content

💰 Quarterly Financial Statements of Banks in New Zealand

💰 Finance & Revenue
16 October 1918
Banking, Liabilities, Assets, Capital, Profits, Financial Statements
  • G. F. C. Campbell, Secretary to the Treasury