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, 1923.

LIABILITIES.

BANKS. Notes Bills Balances due Deposits Total Liabilities.
in in to Government. Not bearing Interest.
Circulation. Circulation. other Banks. £ s. d. £ s. d.
Bank of New Zealand ... ... ... 3,986,312 8 5 146,189 9 1
Union Bank of Australia, Limited ... ... ... 515,571 0 0 148,738 0 0
Bank of New South Wales ... ... ... 494,539 6 11 26,846 19 9
Bank of Australasia ... ... ... 356,862 3 0 21,945 2 5
National Bank of New Zealand, Limited ... ... ... 1,218,255 0 0 22,748 0 0
Commercial Bank of Australia, Limited ... ... ... 60,643 0 0 2,073 0 0
Totals ... ... ... 6,632,182 18 4 368,540 11 3

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 3,517,335 16 4 4,969 11 10 232,778 5 1 663,971 18 10 206,186 7 1 1,163,836 0 0 3,127,244 18 8 66,297 3 1 17,634,734 11 0 520,832 10 6 27,138,187 2 5
Union Bank of Australia, Limited 1,013,174 0 0 2,828 0 0 121,770 0 0 179,544 0 0 30,000 0 0 69,024 0 0 36,939 0 0 79,535 0 0 5,343,222 0 0 71,407 0 0 6,947,443 0 0
Bank of New South Wales 1,254,033 4 6 5,567 19 11 1,357 14 3 168,626 0 10 139,948 4 9 134,275 16 10 816,435 19 0 224,651 10 9 4,598,930 4 11 156,015 15 7 7,499,842 11 4
Bank of Australasia 960,664 3 0 ... 63,959 13 0 43,076 18 5 115,570 1 9 150,458 11 6 154,763 1 11 60,834 17 0 5,179,405 16 1 14,175 11 9 6,742,908 14 5
National Bank of N.Z., Limited 1,035,357 0 0 1,508 0 0 169,780 0 0 ... ... 312,971 0 0 177,474 0 0 893,817 0 0 ... 7,229,521 0 0 25,541 0 0
Commercial Bank of Australia, Limited 133,829 0 0 ... 32,063 0 0 ... ... 75,315 0 0 41,152 0 0 6,100 0 0 69,899 0 0 ... 799,537 0 0
Totals 7,914,393 3 10 14,873 11 9 621,708 12 4 1,055,218 18 1 879,990 13 7 1,736,220 8 4 5,035,299 19 7 501,217 10 10 40,785,350 12 0 790,943 17 10 59,335,217 8 2

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— Interest for six months, paid 1st November, 1922 ... ... 10,599 0 0
4-per-cent. stock guaranteed by the Government of N.Z... 529,988 0 0 On preference “A” shares, ten per cent. per annum ... 50,000 0 0
Preference “A” shares issued to the Crown under Bank of New Zealand Act, 1920 500,000 0 0 On ordinary shares, equal to thirteen and one-third per cent. per annum ... 300,000 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
Ordinary shares 2,250,000 0 0 Fifteen per cent. per annum ... 225,000 0 0
Union Bank of Australia, Limited 3,000,000 0 0 Ten per cent. per annum ... 271,609 0 0
Bank of New South Wales 5,864,360 0 0 Ten per cent. per annum and bonus three per cent. per annum, equal to thirteen per cent. per annum ... 260,000 0 0
Bank of Australasia 4,000,000 0 0 Twelve per cent. per annum for half-year ... 75,000 0 0
National Bank of New Zealand, Limited 1,250,000 0 0 Fifteen per cent. per annum for half-year ... 25,717 4 3
Commercial Bank of Australia, Limited {Ordinary 351,527 0 Four per cent. per annum (preference only) ... 42,347 0 0
Preference 2,117,350 0 0

The Treasury, Wellington, 11th April, 1923.

R. E. HAYES, Acting Secretary to the Treasury.



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 1923, No 33


NZLII PDF NZ Gazette 1923, No 33





✨ LLM interpretation of page content

💰 Commercial Bank of Australia Financial Statement (continued from previous page)

💰 Finance & Revenue
11 April 1923
Bank Statements, Liabilities, Assets, Commercial Bank of Australia
  • R. E. Hayes, Acting Secretary to the Treasury