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 PDF NZ Gazette 1918, No 55


NZLII PDF NZ Gazette 1918, No 55





✨ LLM interpretation of page content

💰 Quarterly Financial Statements of Banks in New Zealand

💰 Finance & Revenue
17 April 1918
Banking, Financial Statement, Liabilities, Assets, Dividends, Banks
  • G. F. C. Campbell, Secretary to the Treasury