Bank Financial Statements




STATEMENT of the Liabilities and Assets of the undermentioned Banks in the Dominion of New Zealand for the Quarter ended 31st December, 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 4,757,844 19 3 104,225 6 6 94,532 11 3 7,174,009 15 4 14,107,578 3 1 7,772,260 10 4 34,010,451 5 9
Union Bank of Australia, Limited 606,950 0 0 23,806 0 0 8,968 0 0 86,101 0 0 3,741,115 0 0 1,727,307 0 0 6,194,247 0 0
Bank of New South Wales 605,595 1 6 29,074 15 5 22,312 9 2 70,644 12 4 3,617,525 5 5 2,416,407 4 2 6,761,559 8 0
Bank of Australasia 431,574 4 7 36,042 17 9 .. 71,578 17 0 3,235,092 14 6 1,116,050 2 1 4,890,338 15 11
National Bank of New Zealand, Limited 786,363 0 0 17,699 0 0 46,707 0 0 88,862 0 0 4,822,939 0 0 2,268,548 0 0 8,031,118 0 0
Commercial Bank of Australia, Limited 66,085 3 7 4,820 6 11 .. .. 611,812 7 0 133,340 11 8 816,058 9 2
Totals 7,254,412 8 11 215,668 6 7 172,520 0 5 7,491,196 4 8 30,136,062 10 0 15,433,913 8 3 60,703,772 18 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 3,418,125 4 1 38,493 4 1 235,804 14 5 50,210 16 5 195,570 6 2 859,786 16 3 3,474,927 2 4 69,903 12 4 14,135,550 3 11 493,986 17 11 22,972,358 17 11
Union Bank of Australia, Limited 876,695 0 0 2,114 0 0 139,652 0 0 3,372 0 0 51,600 0 0 46,334 0 0 443,000 0 0 104,014 0 0 4,359,797 0 0 49,853 0 0 6,076,931 0 0
Bank of New South Wales 1,241,248 2 3 127,149 9 9 494 8 1 107,620 13 7 123,358 19 10 79,963 14 3 1,091,205 3 7 171,638 0 9 3,614,055 18 11 186,098 10 5 6,747,833 1 5
Bank of Australasia 971,984 2 3 .. 79,664 12 7 .. 7,197 13 1 92,691 19 8 136,609 5 0 98,452 1 6 3,933,269 6 2 8,036 11 0 5,377,905 11 3
National Bank of N.Z., Limited 1,003,220 0 0 65,110 0 0 194,340 0 0 .. 144,500 0 0 223,701 0 0 1,252,443 0 0 228,000 0 0 4,222,491 0 0 14,291 0 0 7,348,096 0 0
Commercial Bank of Australia, Limited 118,277 6 10 .. 26,944 10 5 .. 55,500 0 0 110,726 13 4 16,688 19 1 71,180 3 11 377,887 17 11 941 18 3 778,147 9 9
Totals 7,629,549 15 5 232,866 13 10 676,900 5 6 161,203 10 0 582,726 19 1 1,413,704 3 6 6,414,873 10 0 743,187 18 6 30,693,051 6 11 753,207 17 1 49,301,272 0 4

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 1,000,000 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 2,500,000 Fourteen per cent. per annum 140,000 0 0 2,288,614 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 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 1,000,000 Twelve per cent. per annum for half-year and one per cent. bonus 52,500 0 0 874,932 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, 16th January, 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 5


NZLII PDF NZ Gazette 1920, No 5





✨ LLM interpretation of page content

💰 Quarterly Financial Statements of Banks in New Zealand

💰 Finance & Revenue
16 January 1920
Banks, Liabilities, Assets, Capital, Profits, Quarterly Statement
  • G. F. C. Campbell, Secretary to the Treasury