✨ 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 —
NZ Gazette 1922, No 54
NZLII —
NZ Gazette 1922, No 54
✨ LLM interpretation of page content
💰 Statement of Liabilities and Assets of Banks in New Zealand
💰 Finance & Revenue11 July 1922
Banking, Financial Statement, Liabilities, Assets, New Zealand
- J. J. Esson, Secretary to the Treasury