✨ Bank Financial Statements
STATEMENT of the LIABILITIES and ASSETS of the undermentioned BANKS in the DOMINION of NEW ZEALAND for the QUARTER ended 31st MARCH, 1922.
LIABILITIES.
| BANKS. | Notes\nin\nCirculation. | Bills\nin\nCirculation. | Balances due\nto\nother Banks. | Government. | Not bearing Interest. | Bearing Interest. | Total Liabilities. |
|---|---|---|---|---|---|---|---|
| £ s. d. | £ s. d. | £ s. d. | £ s. d. | £ s. d. | £ s. d. | £ s. d. | |
| Bank of New Zealand | 4,462,868 1 11 | 86,751 3 5 | 1,681,592 6 5 | 4,506,449 3 7 | 11,678,140 2 0 | 8,135,041 13 8 | 30,550,842 11 0 |
| Union Bank of Australia, Limited | 514,966 0 0 | 119,701 0 0 | 12,120 0 0 | - | 2,922,964 0 0 | 1,748,809 0 0 | 5,318,560 0 0 |
| Bank of New South Wales | 557,411 10 0 | 16,831 6 3 | 9,862 13 7 | - | 2,573,917 14 11 | 2,875,574 8 2 | 5,583,597 12 11 |
| Bank of Australasia | 388,460 5 4 | 23,068 1 9 | - | - | 2,366,576 17 5 | 1,160,372 1 4 | 3,933,477 5 10 |
| National Bank of New Zealand, Limited | 1,539,920 0 0 | 20,104 0 0 | - | - | 3,981,975 0 0 | 2,581,872 0 0 | 8,078,871 0 0 |
| Commercial Bank of Australia, Limited | 51,825 5 0 | 3,015 13 3 | - | - | 615,172 1 10 | 269,974 12 8 | 939,987 11 9 |
| Totals | 7,510,451 2 3 | 269,471 3 8 | 1,703,575 0 0 | 4,506,449 3 7 | 24,138,745 16 2 | 16,221,648 15 10 | 54,350,336 1 6 |
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 | 3,561,576 18 11 | 2,456 16 5 | 200,388 6 7 | 125,220 11 10 | 205,117 9 2 | 1,041,694 16 6 | 3,128,430 7 11 | 97,776 14 7 | 20,201,167 8 11 | 455,568 2 5 | 29,019,397 13 3 |
| Union Bank of Australia, Limited | 890,878 0 0 | 234 0 0 | 96,675 0 0 | 628,158 0 0 | 47,000 0 0 | 79,530 0 0 | 156,939 0 0 | 288,609 0 0 | 5,822,829 0 0 | 72,068 0 0 | 8,082,920 0 0 |
| Bank of New South Wales | 1,211,280 18 6 | 1,870 7 8 | 1,189 13 1 | 868,980 5 10 | 137,836 17 11 | 182,389 15 3 | 816,435 19 0 | 349,592 0 0 | 4,860,590 0 9 | 119,652 15 9 | 8,549,818 13 9 |
| Bank of Australasia | 959,964 10 11 | 569 1 6 | 55,418 19 11 | 210,769 4 7 | 120,853 0 4 | 151,203 4 5 | 154,763 1 11 | 469,353 12 4 | 5,628,186 3 7 | 15,591 7 0 | 7,766,672 6 6 |
| National Bank of N.Z., Limited | 1,014,472 0 0 | 419 0 0 | 138,878 0 0 | - | 232,892 0 0 | 236,034 0 0 | 963,247 0 0 | - | 7,474,950 0 0 | 29,284 0 0 | 10,090,176 0 0 |
| Commercial Bank of Australia, Limited | 134,257 17 11 | - | 26,325 1 9 | - | 64,800 0 0 | 48,285 14 5 | 9,048 5 2 | 107,635 17 11 | 764,455 0 9 | 8,016 6 7 | 1,157,824 4 6 |
| Totals | 7,772,430 6 3 | 5,549 5 | 7518,875 1 4 | 1,833,128 2 3 | 808,499 7 5 | 1,739,137 10 7 | 5,228,863 14 0 | 1,312,967 4 10 | 44,752,177 14 0 | 695,180 11 9 | 64,666,808 18 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. |
|---|---|---|---|---|
| Bank of New Zealand—4-per-cent. stock guaranteed by the Government of N.Z... | £ 529,988 0 0 | On preference “A” shares, ten per cent. per annum | £.. | £ .. |
| Preference “A” shares issued to the Crown under Bank of New Zealand Act, 1920 | £ 500,000 0 0 | On preference “B” shares, equal to ten per cent. per annum | £ 50,000 0 0 | £ 1,886,275 0 0 |
| Preference “B” shares issued to the Crown under Bank of New Zealand Act, 1920 | £ 625,000 0 0 | On ordinary shares, equal to thirteen and one-third per cent. per annum | £ 62,500 0 0 | £ 1,886,275 0 0 |
| Ordinary shares | £ 2,250,000 0 0 | Fifteen per cent. per annum | £ 300,000 0 0 | £ 1,886,275 0 0 |
| Union Bank of Australia, Limited | £ 2,500,000 0 0 | Ten per cent. per annum | £ 187,500 0 0 | £ 3,020,556 0 0 |
| Bank of New South Wales | £ 5,000,000 0 0 | Ten per cent. per annum and bonus three per cent. per annum, equal to thirteen per cent. per annum | £ 249,584 10 0 | £ 3,500,000 0 0 |
| Bank of Australasia | £ 4,000,000 0 0 | Twelve per cent. per annum for half-year | £ 260,000 0 0 | £ 3,546,763 0 0 |
| National Bank of New Zealand, Limited | £ 1,000,000 0 0 | Fifteen per cent. per annum | £ 60,000 0 0 | £ 1,246,395 0 0 |
| Commercial Bank of Australia, Limited {Ordinary | £ 202,317 12 6 | Four per cent. per annum (preference only) | £ 11,013 11 6 | £ 13,322 4 7 |
| Preference | £ 2,117,850 0 0 | £ 42,347 0 0 |
The Treasury, Wellington, 12th April, 1922
J. J. ESSON, Secretary to the Treasury.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 1922, No 29
NZLII —
NZ Gazette 1922, No 29
✨ LLM interpretation of page content
💰
Commercial Bank of Australia Liabilities and Assets Statement
(continued from previous page)
💰 Finance & Revenue12 April 1922
Banking, Financial Statements, Liabilities, Assets, Quarterly Report
- J. J. Esson, Secretary to the Treasury