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 PDF NZ Gazette 1921, No 67


NZLII PDF 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 & Revenue
12 July 1921
Banking, Financial Statement, Liabilities, Assets, Dividends, Banks
  • G. F. C. Campbell, Secretary to the Treasury