✨ 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, 1920.
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 .. | 5,120,848 17 8 | 132,278 14 10 | 133,251 2 8 | 8,742,937 12 7 | 16,179,666 18 5 | 8,080,444 19 0 | 38,389,428 5 2 |
| Union Bank of Australia, Limited .. | 569,574 0 0 | 30,507 0 0 | 12,735 0 0 | 108 0 0 | 4,497,173 0 0 | 1,755,778 0 0 | 6,865,875 0 0 |
| Bank of New South Wales .. | 619,653 6 2 | 30,268 0 9 | 32,869 13 1 | .. | 4,235,606 15 4 | 2,488,294 8 4 | 7,406,692 3 8 |
| Bank of Australasia .. | 421,677 4 7 | 32,336 13 1 | .. | .. | 3,776,178 6 2 | 1,076,673 13 8 | 5,306,865 17 6 |
| National Bank of New Zealand, Limited .. | 971,823 0 0 | 22,609 0 0 | 54,571 0 0 | .. | 5,439,362 0 0 | 2,293,692 0 0 | 8,782,057 0 0 |
| Commercial Bank of Australia, Limited .. | 61,983 3 2 | 4,454 10 1 | .. | .. | 686,908 15 9 | 155,311 18 4 | 908,658 7 4 |
| Totals .. | 7,765,559 11 7 | 252,453 18 9 | 233,426 15 9 | 8,743,045 12 7 | 34,814,895 15 8 | 15,850,194 19 4 | 67,659,576 13 8 |
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 .. | 3,421,088 0 7 | 33,608 11 7 | 291,570 17 11 | 99,174 10 7 | 195,242 12 10 | 763,639 3 1 | 3,570,021 8 6 | 66,562 14 9 | 14,260,449 9 0 | 499,010 2 2 | 23,200,367 11 1 |
| Union Bank of Australia, Limited | 874,703 0 0 | 2,633 0 0 | 168,327 0 0 | 3,724 0 0 | 51,600 0 0 | 42,633 0 0 | 451,131 0 0 | 380,468 0 0 | 4,215,476 0 0 | 56,309 0 0 | 6,247,009 0 0 |
| Bank of New South Wales .. | 1,234,607 1 1 | 133,582 0 8 | 540 17 2 | 146,360 15 7 | 128,966 1 10 | 65,040 6 3 | 1,116,435 19 0 | 417,526 4 7 | 3,552,666 11 1 | 195,573 8 11 | 6,991,299 6 2 |
| Bank of Australasia .. | 966,331 0 0 | 199 7 8 | 104,148 1 0 | .. | 10,092 11 4 | 113,837 3 3 | 154,763 1 11 | 250,661 6 0 | 3,842,074 4 3 | 10,616 2 6 | 5,452,722 17 11 |
| National Bank of N.Z., Limited | 1,000,445 0 0 | 22,271 0 0 | 224,066 0 0 | 14,366 0 0 | 151,698 0 0 | 198,090 0 0 | 1,268,933 0 0 | 13,846 0 0 | 4,487,119 0 0 | 14,134 0 0 | 7,394,968 0 0 |
| Commercial Bank of Australia, Limited | 117,744 6 3 | .. | 34,019 8 9 | .. | 55,500 0 0 | 96,944 4 7 | 16,415 13 11 | 83,930 0 1 | 404,068 12 3 | 1,540 0 7 | 810,162 6 5 |
| Totals .. | 7,614,918 7 11 | 192,293 19 11 | 822,672 4 10 | 263,625 6 0 | 593,099 6 0 | 1,280,188 17 2 | 6,577,700 3 4 | 1,212,994 5 5 | 30,761,853 16 7 | 777,182 14 3 | 50,096,529 1 7 |
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 | 2,496,224 0 0 |
| Ordinary shares .. | 1,249,393 | 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 .. | 2,500,000 | Fourteen per cent. per annum | 175,000 0 0 | 2,570,000 0 0 |
| Bank of New South Wales .. | 4,000,000 | Ten per cent. per annum | 200,000 0 0 | 3,200,000 0 0 |
| Bank of Australasia .. | 2,000,000 | Fourteen per cent. per annum, and bonus four per cent. per annum, equal to eighteen per cent. per annum | 360,000 0 0 | 3,227,822 0 0 |
| National Bank of New Zealand, Limited .. | 1,000,000 | Twelve per cent. per annum for half-year .. | 60,000 0 0 | 1,144,932 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 | 13,060 2 2 |
The Treasury, Wellington, 20th April, 1920
G. F. C. CAMPBELL, Secretary to the Treasury.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 1920, No 41
NZLII —
NZ Gazette 1920, No 41
✨ LLM interpretation of page content
💰 Statement of Liabilities and Assets of Banks in New Zealand for the Quarter Ended 31st March, 1920
💰 Finance & Revenue20 April 1920
Banking, Financial Statements, Liabilities, Assets, New Zealand Banks
- G. F. C. Campbell, Secretary to the Treasury