Banking Financial Statements




STATEMENT of the LIABILITIES and ASSETS of the undermentioned BANKS in the DOMINION of NEW ZEALAND for the QUARTER ended 30th SEPTEMBER, 1921.

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 4,606,842 11 11 98,969 7 8 2,514,569 5 3 3,655,966 9 1 12,720,524 4 10 8,102,863 15 6 31,699,735 14 3
Union Bank of Australia, Limited 548,606 0 0 14,607 0 0 11,040 0 0 .. 3,019,067 0 0 1,912,996 0 0 5,506,316 0 0
Bank of New South Wales 591,921 17 8 19,851 11 5 11,783 10 5 .. 2,974,630 16 11 2,477,878 19 5 6,076,066 15 10
Bank of Australasia 522,739 16 2 21,703 15 8 .. .. 2,668,333 10 10 1,179,910 5 5 4,392,687 8 1
National Bank of New Zealand, Limited 816,541 0 0 15,374 0 0 .. .. 4,755,934 0 0 2,744,343 0 0 8,332,192 0 0
Commercial Bank of Australia, Limited 48,962 4 7 1,716 8 0 .. .. 634,835 19 0 254,345 9 8 939,860 1 3
Totals 7,135,613 10 4 172,222 2 9 2,537,392 15 8 3,655,966 9 1 26,773,325 11 7 16,672,337 10 0 56,946,857 19 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 3,459,921 19 8 1,377 0 11 182,174 11 9 13,223 17 1 204,834 13 6 1,353,930 5 8 3,176,871 1 9 60,188 18 5 20,721,766 4 6 434,195 12 4 29,608,484 5 7
Union Bank of Australia, Limited 881,368 0 0 208 0 0 90,656 0 0 728,294 0 0 47,000 0 0 121,775 0 0 246,729 0 0 104,334 0 0 5,941,984 0 0 59,256 0 0 8,221,604 0 0
Bank of New South Wales 1,198,346 2 2 20,536 10 11 333 10 5 797,759 2 4 140,394 1 0 200,862 1 10 877,974 8 3 249,983 6 11 5,060,095 5 8 192,167 12 1 8,738,452 1 7
Bank of Australasia 960,090 10 9 413 9 3 58,432 9 10 .. 122,032 0 5 184,513 2 4 154,763 1 11 38,734 5 1 5,592,286 5 8 13,086 7 11 7,124,351 13 2
National Bank of N.Z., Limited 988,853 0 0 1,240 0 0 165,763 0 0 1,009,616 0 0 209,216 0 0 272,132 0 0 1,004,874 0 0 47,923 0 0 7,828,531 0 0 22,253 0 0 11,550,401 0 0
Commercial Bank of Australia, Limited 128,461 18 7 .. 26,330 18 1 .. 63,700 0 0 44,403 18 2 10,504 16 6 142,610 3 11 717,331 10 9 1,791 6 11 1,135,134 12 11
Totals 7,617,041 11 2 23,775 1 1 523,690 10 1 2,548,892 19 5 787,176 14 11 2,177,616 8 0 5,471,716 8 5 643,773 14 4 45,861,994 6 7 722,749 19 3 66,378,427 13 3

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. £ s. d.
Bank of New Zealand—
4-per-cent. stock guaranteed by the Government of N.Z. 529,988 0 0 .. .. ..
Preference “A” shares issued to the Crown under Bank of New Zealand Act, 1920 500,000 0 0 On preference “A” shares, ten per cent. per annum 50,000 0 0
Preference “B” shares issued to the Crown under Bank of New Zealand Act, 1920 625,000 0 0 On preference “B” shares, equal to ten per cent. per annum 62,500 0 0 1,886,275 0 0
Ordinary shares 2,250,000 0 0 On ordinary shares, equal to thirteen and one-third per cent. per annum 300,000 0 0
Union Bank of Australia, Limited 2,500,000 0 0 Fifteen per cent. per annum 187,500 0 0 2,911,716 0 0
Bank of New South Wales 4,965,200 0 0 Ten per cent. per annum 248,260 0 0 3,425,000 0 0
Bank of Australasia 3,500,000 0 0 Ten per cent. per annum and bonus three per cent. per annum, equal to thirteen per cent. per annum 227,500 0 0 3,220.874 0 0
National Bank of New Zealand, Limited 1,000,000 0 0 Twelve per cent. per annum for half-year and two per cent. bonus 80,000 0 0 1,246,395 0 0
Commercial Bank of Australia, Limited{Ordinary 202,317 12 6 On ordinary shares, fifteen per cent. per annum 11,013 11 6
Preference 2,117,350 0 0 On preference shares, four per cent. per annum 42,347 0 0 13,322 4 7

The Treasury, Wellington, 11th October, 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 90


NZLII PDF NZ Gazette 1921, No 90





✨ LLM interpretation of page content

💰 Quarterly Financial Statements of Banks in New Zealand

💰 Finance & Revenue
11 October 1921
Banking, Liabilities, Assets, Financial Statements, Dividends
  • G. F. C. Campbell, Secretary to the Treasury