✨ 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.
Next Page →
Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 1920, No 85
NZLII —
NZ Gazette 1920, No 85
✨ LLM interpretation of page content
💰 Quarterly Financial Statements of Banks in New Zealand
💰 Finance & Revenue13 October 1920
Banking, Financial Statements, Liabilities, Assets, Dividends, Banks
- J. J. Esson, Acting Secretary to the Treasury