✨ Banking Financial Statements
STATEMENT of the LIABILITIES and Assets of the undermentioned Banks in the Dominion of New Zealand for the Quarter ended 30th June, 1921.
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 | 4,694,390 7 8 | 95,416 12 4 | 487,379 5 10 | 8,188,534 15 8 13,753,391 7 3 7,991,507 9 2 | 35,210,619 17 11 |
| Union Bank of Australia, Limited | 685,855 0 0 | 17,985 0 0 | 13,514 0 0 | ... 3,393,731 0 0 1,739,351 0 0 | 5,850,436 0 0 |
| Bank of New South Wales | 647,784 0 9 | 16,309 13 9 | 29,585 6 1 | ... 3,386,572 10 11 2,503,125 6 6 | 6,583,376 18 0 |
| Bank of Australasia | 924,157 7 0 | 20,274 13 1 | ... | ... 3,005,730 12 4 1,131,573 2 9 | 5,081,735 15 2 |
| National Bank of New Zealand, Limited | 854,152 0 0 | 19,073 0 0 | ... | ... 5,049,165 0 0 2,630,611 0 0 | 8,553,001 0 0 |
| Commercial Bank of Australia, Limited | 46,734 0 3 | 3,235 2 7 | ... | ... 676,041 12 0 250,294 1 11 | 976,304 16 9 |
| Totals | 7,853,072 15 8 | 172,294 1 9 | 530,478 11 11 | 8,188,534 15 8 29,264,632 2 6 16,246,462 0 4 | 62,255,474 7 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. |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Bank of New Zealand | 3,434,339 18 2 | 1,853 2 0 | 211,223 13 8 | 21,879 11 3 | 204,857 19 8 | 2,041,914 14 7 | 3,236,847 15 0 | 150,357 9 3 | 23,876,047 7 10 | 409,123 11 8 | 33,588,445 2 1 |
| Union Bank of Australia, Limited | 870,629 0 0 | 207 0 0 | 101,595 0 0 | 59,661 0 0 | 50,100 0 0 | 112,444 0 0 | 292,727 0 0 | 104,849 0 0 | 6,647,405 0 0 | 98,025 0 0 | 8,337,642 0 0 |
| Bank of New South Wales | 1,195,453 4 11 | 116,158 15 7 | 724 16 6 | 280,108 12 8 | 142,149 3 11 | 219,579 6 6 | 1,116,435 19 0 | 404,364 14 7 | 5,725,008 3 9 | 310,914 12 1 | 9,510,897 9 6 |
| Bank of Australasia | 954,890 9 11 | 776 3 1 | 62,655 14 8 | ... | 123,768 6 4 | 197,817 15 0 | 154,763 1 11 | 9,116 2 6 | 5,732,322 4 1 | 11,469 2 9 | 7,247,579 0 3 |
| National Bank of N.Z., Limited | 976,140 0 0 | 1,369 0 0 | 172,939 0 0 | 157,154 0 0 | 221,599 0 0 | 311,325 0 0 | 1,060,295 0 0 | 180,000 0 0 | 8,674,532 0 0 | 22,288 0 0 | 11,777,641 0 0 |
| Commercial Bank of Australia, Limited | 126,761 5 6 | ... | 27,395 6 11 | ... | 64,930 15 5 | 52,878 9 9 | 11,307 14 6 | 122,492 14 4 | 794,212 1 8 | 2,402 7 6 | 1,202,380 15 7 |
| Totals | 7,558,213 18 6 | 120,364 0 8 | 576,533 11 9 | 518,803 3 11 | 807,405 4 4 | 2,935,959 5 10 | 5,872,376 10 5 | 971,180 0 8 | 51,449,526 17 4 | 854,222 14 0 | 71,664,585 7 5 |
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. |
|---|---|---|---|---|
| Bank of New Zealand—4-per-cent. stock guaranteed by the Government of N.Z... | £ s. d. 529,988 0 0 | On preference “A” shares, ten per cent. per annum | £ s. d. ... | £ s. d. ... |
| Preference “A” shares issued to the Crown under Bank of New Zealand Act, 1920 | £ s. d. 500,000 0 0 | On preference “B” shares, equal to ten per cent. per annum | £ s. d. 50,000 0 0 | £ s. d. 1,886,275 0 0 |
| Preference “B” shares issued to the Crown under Bank of New Zealand Act, 1920 | £ s. d. 625,000 0 0 | On ordinary shares, equal to thirteen and one-third per cent. per annum | £ s. d. 62,500 0 0 | £ s. d. 1,886,275 0 0 |
| Ordinary shares | £ s. d. 2,250,000 0 0 | Fifteen per cent. per annum | £ s. d. 300,000 0 0 | £ s. d. 1,886,275 0 0 |
| Union Bank of Australia, Limited | £ s. d. 2,500,000 0 0 | Ten per cent. per annum | £ s. d. 187,500 0 0 | £ s. d. 2,911,716 0 0 |
| Bank of New South Wales | £ s. d. 4,965,200 0 0 | Ten per cent. per annum and bonus three per cent. per annum, equal to thirteen per cent. per annum | £ s. d. 248,260 0 0 | £ s. d. 3,425,000 0 0 |
| Bank of Australasia | £ s. d. 3,500,000 0 0 | Twelve per cent. per annum for half-year | £ s. d. 455,000 0 0 | £ s. d. 3,220,874 0 0 |
| National Bank of New Zealand, Limited | £ s. d. 1,000,000 0 9 | Four per cent. per annum (preference only) | £ s. d. 60,000 0 0 | £ s. d. 1,174,573 0 0 |
| Commercial Bank of Australia, Limited(Ordinary | £ s. d. 202,317 12 6 | £ s. d. 42,347 0 0 | £ s. d. 16,257 14 1 | |
| Preference | £ s. d. 2,117,350 0 0 |
The Treasury, Wellington, 12th July, 1921.
G. F. C. CAMPBELL, Secretary to the Treasury.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 1921, No 67
NZLII —
NZ Gazette 1921, No 67
✨ LLM interpretation of page content
💰 Statement of Liabilities and Assets of Banks in New Zealand for the Quarter ended 30th June, 1921
💰 Finance & Revenue12 July 1921
Banking, Financial Statement, Liabilities, Assets, Dividends, Banks
- G. F. C. Campbell, Secretary to the Treasury