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 PDF NZ Gazette 1920, No 41


NZLII PDF 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 & Revenue
20 April 1920
Banking, Financial Statements, Liabilities, Assets, New Zealand Banks
  • G. F. C. Campbell, Secretary to the Treasury