✨ Bank Financial Statements
STATEMENT of the LIABILITIES and ASSETS of the undermentioned BANKS in the DOMINION of NEW ZEALAND for the QUARTER ended 31st MARCH, 1919.
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 .. .. .. | 3,416,485 13 10 | 87,372 1 3 | 63,485 4 0 | 8,055,809 12 1 | 11,556,212 12 0 | 7,157,547 8 7 | 30,336,912 11 9 |
| Union Bank of Australia, Limited .. .. .. | 492,063 0 0 | 11,743 0 0 | 9,601 0 0 | 31 0 0 | 3,264,249 0 0 | 1,707,118 0 0 | 5,484,805 0 0 |
| Bank of New South Wales .. .. .. | 1,000,282 12 4 | 20,454 2 8 | 18,154 8 9 | .. | 2,914,686 6 1 | 2,273,363 17 3 | 6,226,941 7 1 |
| Bank of Australasia .. .. .. | 372,884 10 9 | 18,818 11 2 | .. | .. | 2,698,779 16 4 | 1,098,255 19 8 | 4,188,738 17 11 |
| National Bank of New Zealand, Limited .. .. .. | 1,160,703 0 0 | 11,617 0 0 | 847 0 0 | .. | 3,586,965 0 0 | 2,127,892 0 0 | 6,888,024 0 0 |
| Commercial Bank of Australia, Limited .. .. .. | 69,772 7 8 | 2,116 9 3 | .. | .. | 342,788 3 9 | 120,967 8 4 | 535,644 9 0 |
| Totals .. .. .. | 6,512,191 4 7 | 152,121 4 4 | 92,087 12 9 | 8,055,840 12 1 | 24,363,680 18 2 | 14,485,144 13 10 | 53,661,066 5 9 |
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 .. .. .. | 3,362,748 1 6 | 150,935 16 8 | 167,914 2 9 | 81,307 3 8 | 192,931 7 11 | 884,453 7 2 | 2,989,525 5 5 | 477,814 6 10 | 14,781,838 5 3 | 535,567 16 3 | 23,625,035 13 5 |
| Union Bank of Australia, Limited .. .. .. | 869,749 0 0 | 652 0 0 | 105,777 0 0 | 2,228 0 0 | 51,600 0 0 | 65,687 0 0 | 589,102 0 0 | 265,771 0 0 | 4,094,614 0 0 | 65,880 0 0 | 6,111,060 0 0 |
| Bank of New South Wales .. .. .. | 1,203,270 2 9 | 103,549 7 9 | 379 16 2 | 80,843 11 5 | 130,183 0 2 | 111,989 9 11 | 952,435 19 0 | 7,651 6 11 | 3,677,903 12 1 | 233,975 4 3 | 6,502,181 10 5 |
| Bank of Australasia .. .. .. | 975,173 10 11 | .. | 79,833 6 6 | .. | 4,104 0 8 | 144,656 9 9 | 119,532 17 8 | 222,332 10 11 | 3,465,714 6 3 | 10,472 3 2 | 5,021,819 5 10 |
| National Bank of N.Z., Limited .. .. .. | 939,578 0 0 | 366,023 0 0 | 114,942 0 0 | 31,918 0 0 | 153,444 0 0 | 199,572 0 0 | 1,148,774 0 0 | .. | 4,246,493 0 0 | 14,407 0 0 | 7,215,151 0 0 |
| Commercial Bank of Australia, Limited .. .. .. | 104,319 12 5 | .. | 14,778 16 0 | .. | 48,326 18 6 | 78,255 3 4 | 14,561 2 8 | 28,283 4 7 | 452,469 9 2 | 1,030 11 7 | 742,024 18 3 |
| Totals .. .. .. | 7,454,838 7 7 | 621,160 4 5 | 483,625 1 5 | 196,296 15 1 | 580,589 7 3 | 1,484,613 10 2 | 5,813,931 4 9 | 1,001,852 9 3 | 30,719,032 12 9 | 861,332 15 3 | 49,217,272 7 11 |
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 | 50,000 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 | 37,500 0 0 | 2,345,702 0 0 |
| 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 | 150,000 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 | 2,268,274 0 0 |
| Bank of New South Wales .. .. .. | 3,904,860 | Ten per cent. per annum | 195,243 0 0 | 3,025,000 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 | 3,127,000 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) | .. | .. |
| {Preference | 2,117,350 | 42,347 0 0 | 13,904 2 5 |
The Treasury, Wellington, 14th April, 1919. G. F. C. CAMPBELL, Secretary to the Treasury.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 1919, No 47
NZLII —
NZ Gazette 1919, No 47
✨ LLM interpretation of page content
💰 Statement of Liabilities and Assets of Banks in New Zealand for the Quarter Ended 31st March, 1919
💰 Finance & Revenue14 April 1919
Banking, Financial Statements, Liabilities, Assets, Dividends, New Zealand
- G. F. C. Campbell, Secretary to the Treasury