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, 1922.

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 .. .. 4,112,413 9 3 88,324 12 3 364,786 5 0 6,010,714 7 10 11,746,717 9 3 8,370,647 19 10 30,693,604 3 5
Union Bank of Australia, Limited .. 511,801 0 0 128,045 0 0 10,063 0 0 .. 2,982,926 0 0 1,817,170 0 0 5,450,005 0 0
Bank of New South Wales .. .. 536,102 13 10 15,869 13 1 9,125 17 3 .. 2,674,439 17 4 2,332,799 7 8 5,568,337 9 2
Bank of Australasia .. .. 366,975 10 0 19,067 6 3 .. .. 2,377,392 15 11 1,108,558 15 2 3,871,994 7 4
National Bank of New Zealand, Limited .. 1,737,425 0 0 12,516 0 0 .. .. 4,650,763 0 0 2,457,817 0 0 8,858,521 0 0
Commercial Bank of Australia, Limited .. 51,034 19 8 2,173 3 2 .. .. 614,233 14 3 255,420 7 7 922,862 4 8
Totals .. .. .. 7,315,752 12 9 265,995 14 9 383,975 2 3 6,010,714 7 10 25,046,472 16 9 16,342,413 10 3 55,365,324 4 7

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 .. 3,557,341 16 7 2,164 4 10 172,509 13 3 371,662 6 11 205,335 14 3 1,052,970 1 10 3,127,929 15 7 122,375 6 2 19,921,432 5 0 397,307 3 9 28,931,028 8 2
Union Bank of Australia, Limited 900,888 0 0 253 0 0 94,143 0 0 270,970 0 0 47,000 0 0 72,719 0 0 148,226 0 0 273,780 0 0 5,724,257 0 0 72,176 0 0 7,604,412 0 0
Bank of New South Wales .. 1,219,795 14 11 2,425 19 0 363 3 10 297,059 19 2 143,292 16 0 172,976 16 3 816,435 19 0 455,373 18 5 4,797,224 14 8 111,928 0 4 8,016,877 1 7
Bank of Australasia .. 958,903 10 9 399 3 2 45,445 2 5 226,923 1 7 117,397 9 4 138,892 15 4 154,763 1 11 167,585 3 7 5,538,532 15 8 14,080 16 6 7,362,923 0 3
National Bank of N.Z., Limited 1,022,493 0 0 493 0 0 138,706 0 0 .. 248,424 0 0 233,926 0 0 939,489 0 0 .. 7,660,395 0 0 28,197 0 0 10,272,123 0 0
Commercial Bank of Australia, Limited 129,477 12 2 .. 25,599 10 11 .. 65,092 6 2 45,531 15 10 8,710 19 1 90,793 3 7 797,075 12 4 2,677 7 6 1,164,958 7 7
Totals .. 7,788,899 14 5 5,735 7 0 476,766 10 5 1,166,615 7 8 826,542 5 9 1,717,016 9 3 5,195,554 15 7 1,109,907 11 9 44,438,917 7 8 626,366 8 1 63,352,321 17 7

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 Interest for six months, paid 1st May, 1922 .. .. .. 10,599 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 2,105,818 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 for half-year .. .. .. 187,500 0 0 3,020,556 0 0
Bank of New South Wales .. .. .. 5,000,000 0 0 Ten per cent. per annum for half-year .. .. .. 250,000 0 0 3,600,000 0 0
Bank of Australasia .. .. .. 4,000,000 0 0 Ten per cent. per annum and bonus three per cent. per annum, equal to thirteen 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 Twelve per cent. per annum for half-year .. .. .. 60,000 0 0 1,246,395 0 0
Commercial Bank of Australia, Limited { Ordinary 336,592 17 6 Fifteen per cent. per annum for half-year .. .. .. 16,432 9 11
Preference 2,117,350 0 0 Four per cent. per annum (preference only) for half-year .. .. .. 42,347 0 0 13,322 4 7

The Treasury, Wellington, 11th July, 1922. J. J. ESSON, Secretary to the Treasury.



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 1922, No 54


NZLII PDF NZ Gazette 1922, No 54





✨ LLM interpretation of page content

💰 Statement of Liabilities and Assets of Banks in New Zealand

💰 Finance & Revenue
11 July 1922
Banking, Financial Statement, Liabilities, Assets, New Zealand
  • J. J. Esson, Secretary to the Treasury