✨ 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 —
NZ Gazette 1918, No 140
NZLII —
NZ Gazette 1918, No 140
✨ LLM interpretation of page content
💰 Quarterly Financial Statements of Banks in New Zealand
💰 Finance & Revenue16 October 1918
Banking, Liabilities, Assets, Capital, Profits, Financial Statements
- G. F. C. Campbell, Secretary to the Treasury