✨ 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 —
NZ Gazette 1921, No 90
NZLII —
NZ Gazette 1921, No 90
✨ LLM interpretation of page content
💰 Quarterly Financial Statements of Banks in New Zealand
💰 Finance & Revenue11 October 1921
Banking, Liabilities, Assets, Financial Statements, Dividends
- G. F. C. Campbell, Secretary to the Treasury