✨ Banking Financial Statements
STATEMENT of the LIABILITIES and ASSETS of the undermentioned BANKS in the DOMINION of NEW ZEALAND for the QUARTER ended 31st MARCH, 1918.
LIABILITIES.
| BANKS. | Notes in Circulation. | Bills in Circulation. | Balances due to other Banks. | Deposits. | Total Liabilities. | ||
|---|---|---|---|---|---|---|---|
| £ s. d. | £ s. d. | £ s. d. | Government. £ s. d. | Not bearing Interest. £ s. d. | Bearing Interest. £ s. d. | £ s. d. | |
| Bank of New Zealand | 2,753,502 6 8 | 54,921 4 3 | 48,729 4 2 | 9,706,836 16 11 | 10,245,118 1 6 | 6,839,822 7 9 | 29,648,930 1 3 |
| Union Bank of Australia, Limited | 515,802 0 0 | 14,160 0 0 | 4,563 0 0 | 112 0 0 | 3,020,162 0 0 | 1,597,680 0 0 | 5,152,479 0 0 |
| Bank of New South Wales | 474,872 13 4 | 21,229 1 3 | 17,023 11 8 | .. | 2,709,318 3 3 | 2,213,511 16 3 | 5,435,955 5 9 |
| Bank of Australasia | 458,203 13 4 | 19,493 1 11 | .. | .. | 2,345,585 1 6 | 1,093,034 14 8 | 3,916,366 11 5 |
| National Bank of New Zealand, Limited | 1,656,956 0 0 | 9,593 0 0 | 25,458 0 0 | .. | 3,036,943 0 0 | 2,062,367 0 0 | 6,791,317 0 0 |
| Commercial Bank of Australia, Limited | 56,191 14 0 | 834 4 0 | .. | .. | 257,175 16 0 | 84,729 5 5 | 398,930 19 5 |
| Totals | 5,915,528 7 4 | 120,230 11 5 | 95,773 15 10 | 9,706,948 16 11 | 21,614,302 2 3 | 13,891,195 4 1 | 51,343,978 17 10 |
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 | 3,377,260 5 5 | 218,267 13 11 | 127,581 14 3 | 51,245 5 9 | 190,621 2 7 | 727,833 16 8 | 2,721,137 16 8 | 653,303 8 4 | 13,357,115 12 3 | 578,308 3 4 | 22,002,684 19 2 |
| Union Bank of Australia, Limited | 875,120 0 0 | 4,044 0 0 | 72,268 0 0 | 1,346 0 0 | 51,600 0 0 | 104,762 0 0 | 389,058 0 0 | 54,066 0 0 | 3,998,828 0 0 | 40,492 0 0 | 5,591,584 0 0 |
| Bank of New South Wales | 1,196,416 19 3 | 71,793 19 11 | 482 13 4 | 52,265 7 1 | 133,319 8 0 | 88,402 1 6 | 881,768 9 0 | 554,488 16 8 | 3,319,122 12 3 | 202,122 8 10 | 6,500,182 15 10 |
| Bank of Australasia | 976,856 9 11 | 70 0 0 | 55,131 3 11 | .. | 6,394 10 9 | 109,064 16 2 | 144,437 18 4 | 7,147 0 2 | 3,176,370 14 9 | 10,207 12 7 | 4,485,680 6 7 |
| National Bank of N.Z., Limited | 952,480 0 0 | 219,087 0 0 | 86,209 0 0 | 6,597 0 0 | 157,303 0 0 | 167,386 0 0 | 866,415 0 0 | .. | 3,976,277 0 0 | 14,634 0 0 | 6,446,388 0 0 |
| Commercial Bank of Australia, Limited | 92,791 15 4 | .. | 10,155 12 7 | .. | 49,000 0 0 | 26,016 4 8 | 4,760 11 6 | 30,869 12 8 | 266,715 17 6 | 532 19 11 | 480,842 14 2 |
| Totals | 7,470,925 9 11 | 513,262 13 10 | 351,828 4 1 | 111,453 12 10 | 588,248 1 4 | 1,223,464 19 0 | 5,007,577 15 6 | 1,299,874 17 10 | 28,094,429 16 9 | 846,297 4 8 | 45,507,362 15 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 | On “ A ” preference shares, ten per cent. per annum | 237,500 0 0 | 2,246,595 0 0 |
| “ A ” preference shares issued to the Crown under Bank of New Zealand Act, 1903 | 500,000 | |||
| “ 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 | 2,213,503 0 0 |
| Bank of New South Wales | 3,904,860 | Ten per cent. per annum | 195,243 0 0 | 2,875,000 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 | 3,028,300 0 0 |
| National Bank of New Zealand, Limited | 750,000 | Twelve per cent. per annum for half-year | 45,000 0 0 | 814,254 0 0 |
| Commercial Bank of Australia, Limited { Ordinary | 95,659 | |||
| Preference | 2,117,350 | Four per cent. per annum (preference only) | 42,347 0 0 | 6,435 8 0 |
The Treasury, Wellington, 17th April, 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 55
NZLII —
NZ Gazette 1918, No 55
✨ LLM interpretation of page content
💰 Quarterly Financial Statements of Banks in New Zealand
💰 Finance & Revenue17 April 1918
Banking, Financial Statement, Liabilities, Assets, Dividends, Banks
- G. F. C. Campbell, Secretary to the Treasury