Bank Financial Statements




STATEMENT of the LIABILITIES and ASSETS of the undermentioned BANKS in the DOMINION of NEW ZEALAND for the QUARTER ended 30th SEPTEMBER, 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 .. .. .. 4,776,777 4 7 117,302 7 5 93,238 0 3 7,527,385 7 8 17,042,952 4 3 8,587,530 5 0 38,145,185 9 2
Union Bank of Australia, Limited .. .. 613,927 0 0 21,492 0 0 10,223 0 0 .. 4,462,603 0 0 1,781,056 0 0 6,889,301 0 0
Bank of New South Wales .. .. 874,100 19 9 29,368 12 3 30,115 5 6 .. 4,291,220 13 9 2,532,527 7 10 7,757,332 19 1
Bank of Australasia .. .. .. 501,951 17 8 41,836 13 6 .. .. 3,981,444 1 10 1,123,696 4 8 5,648,928 17 8
National Bank of New Zealand, Limited .. 795,194 0 0 23,274 0 0 .. .. 5,844,939 0 0 2,411,721 0 0 9,075,128 0 0
Commercial Bank of Australia, Limited .. 55,347 3 2 5,328 13 4 .. .. 863,840 8 2 208,163 6 10 1,182,679 11 6
Totals .. .. .. .. 7,617,298 5 2 238,602 6 6 133,576 5 9 7,527,885 7 8 36,486,999 8 0 16,644,694 4 4 68,648,555 17 5

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 .. .. 3,411,535 0 0 5,278 17 9 275,746 11 3 92,067 2 9 195,155 2 1 1,089,105 13 9 3,507,579 18 1 96,539 13 10 16,442,763 6 1 451,210 5 2 25,566,981 10 9
Union Bank of Australia, Limited 866,319 0 0 1,410 0 0 135,828 0 0 3,379 0 0 50,100 0 0 61,576 0 0 258,584 0 0 456,408 0 0 4,882,386 0 0 147,131 0 0 6,863,121 0 0
Bank of New South Wales .. 1,218,147 5 9 123,284 8 8 516 11 6 127,733 4 3 132,972 13 3 122,073 14 7 1,116,435 19 0 16,250 8 6 4,326,328 6 5 268,811 5 7 7,452,553 17 6
Bank of Australasia .. .. 959,288 12 6 908 12 6 92,719 1 11 .. 131,307 12 10 225,674 19 5 154,763 1 11 69,669 17 1 4,741,219 7 6 7,971 11 8 6,383,522 17 4
National Bank of N.Z., Limited 998,333 0 0 3,599 0 0 209,228 0 0 .. 192,828 0 0 261,129 0 0 1,158,816 0 0 88,462 0 0 6,185,129 0 0 13,728 0 0 9,111,252 0 0
Commercial Bank of Australia, Limited 122,511 15 6 .. 42,141 16 6 .. 63,464 5 9 66,307 5 0 12,444 5 5 103,362 18 11 614,115 14 6 2,114 14 11 1,026,462 16 5
Totals .. .. .. .. 7,576,134 13 9 134,480 18 11 756,180 1 2 223,179 7 0 765,827 13 10 1,325,866 12 9 6,208,623 4 5 830,692 18 4 37,191,941 14 6 890,966 17 4 56,402,894 2 0

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 .. .. .. 50,000 0 0 ..
“ A ” preference shares issued to the Crown under Bank of New Zealand Act, 1908 500,000 On “ B ” preference shares, dividend thirteen and a half per cent. per annum and bonus four per cent. per annum, equal to seventeen and a half per cent. per annum 43,750 0 0 2,646,520 0 0
“ B ” preference shares issued to the Crown under Bank of New Zealand Act, 1913 250,000 On ordinary shares, dividend thirteen and a half per cent. per annum and bonus four per cent. per annum, equal to seventeen and a half per cent. per annum 175,000 0 0
Ordinary shares .. .. .. 1,496,753 Sixteen per cent. per annum .. .. .. .. .. 200,000 0 0 2,911,716 0 0
Union Bank of Australia, Limited .. .. 2,500,000 Ten per cent. per annum .. .. .. .. .. 219,142 10 0 8,275,000 0 0
Bank of New South Wales .. .. .. 4,765,700 Ten per cent. per annum, and bonus three per cent. per annum, equal to thirteen per cent. per annum 227,500 0 0 2,975,000 0 0
Bank of Australasia .. .. .. 3,500,000 Twelve per cent. per annum for half-year and two per cent. bonus .. .. 80,000 0 0 1,174,573 0 0
National Bank of New Zealand, Limited .. 1,000,000 Four per cent. per annum (preference only) .. .. .. .. .. 42,347 0 0 16,257 14 1
Commercial Bank of Australia, Limited { Ordinary 95,659
Preference .. .. .. .. 2,117,350

The Treasury, Wellington, 13th October, 1920. J. J. ESSON, Acting Secretary to the Treasury.



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 1920, No 85


NZLII PDF NZ Gazette 1920, No 85





✨ LLM interpretation of page content

💰 Quarterly Financial Statements of Banks in New Zealand

💰 Finance & Revenue
13 October 1920
Banking, Financial Statements, Liabilities, Assets, Dividends, Banks
  • J. J. Esson, Acting Secretary to the Treasury