✨ Bank Financial Statements
STATEMENT of the LIABILITIES and ASSETS of the undermentioned BANKS in the DOMINION of NEW ZEALAND for the QUARTER ended 30th JUNE, 1923.
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 | 3,969,629 13 1 | 161,373 2 0 | 75,694 0 7 | 6,409,041 2 4 | 13,102,589 2 0 | 8,705,119 8 4 | 32,423,446 8 4 |
| Union Bank of Australia, Limited | 576,767 0 0 | 120,471 0 0 | 12,257 0 0 | .. | 3,519,170 0 0 | 2,301,595 0 0 | 6,530,260 0 0 |
| Bank of New South Wales | 527,276 6 2 | 14,861 19 0 | 194,630 5 4 | .. | 3,131,938 15 8 | 2,380,597 6 4 | 6,249,304 12 6 |
| Bank of Australasia | 405,545 0 0 | 21,973 1 7 | .. | .. | 2,656,562 15 3 | 1,205,682 5 4 | 4,289,763 2 2 |
| National Bank of New Zealand, Limited | 1,207,460 0 0 | 21,416 0 0 | .. | .. | 5,121,408 0 0 | 2,551,426. 0 0 | 8,901,710 0 0 |
| Commercial Bank of Australia, Limited | 54,999 0 0 | 2,920 0 0 | .. | .. | 744,535 0 0 | 262,329 0 0 | 1,064,783 0 0 |
| Totals | 6,741,676 19 3 | 343,015 2 7 | 282,581 5 11 | 6,409,041 2 4 | 28,276,203 12 11 | 17,406,749 0 0 | 59,459,267 3 0 |
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 | 3,499,834 16 0 | 6,078 15 5 | 195,519 3 3 | 821,556 8 9 | 204,716 16 6 | 960,436 6 8 | 3,126,922 10 2 | 68,014 12 4 | 17,208,306 15 10 | 515,017 6 9 | 26,606,403 11 8 |
| Union Bank of Australia, Limited | 1,044,472 0 0 | 336 0 0 | 107,597 0 0 | 151,471 0 0 | 30,000 0 0 | 51,899 0 0 | 34,827 0 0 | 179,050 0 0 | 5,103,250 0 0 | 75,596 0 0 | 6,778,498 0 0 |
| Bank of New South Wales | 1,247,165 18 5 | 5,486 12 4 | 640 16 2 | 89,906 19 6 | 143,323 19 8 | 96,695 15 5 | 816,435 19 0 | 30,296 1 6 | 4,675,680 3 2 | 148,694 8 10 | 7,254,326 14 0 |
| Bank of Australasia | 957,423 9 3 | .. | 57,746 8 8 | .. | 114,988 5 9 | 120,339 2 2 | 154,763 1 11 | 62,723 16 6 | 4,981,485 9 4 | 13,981 9 11 | 6,463,451 3 6 |
| National Bank of N.Z., Limited | 1,009,716 0 0 | 1,788 0 0 | 169,052 0 0 | .. | 275,194 0 0 | 209,623 0 0 | 887,352 0 0 | .. | 7,395,148 0 0 | 30,137 0 0 | 9,978,010 0 0 |
| Commercial Bank of Australia, Limited | 129,717 0 0 | .. | 32,247 0 0 | .. | 75,116 0 0 | 45,187 0 0 | 6,100 0 0 | 78,706 0 0 | 863,223 0 0 | 2,707 0 0 | 1,233,003 0 0 |
| Totals .. | 7,888,329 3 8 | 13,689 7 9 | 562,802 8 1 | 1,062,934 8 3 | 843,339 1 11 | 1,484,180 4 3 | 5,026,400 11 1 | 418,790 10 4 | 40,227,093 8 4 | 786,133 5 6 | 58,313,692 9 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— | ||||
| 4-per-cent. stock guaranteed by the Government of N.Z. .. | 529,988 0 0 | Interest for six months, paid 1st May, 1923 | 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 | 2,246,957 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 | 3,000,000 0 0 | Fifteen per cent. per annum | 225,000 0 0 | 3,561,817 0 0 |
| Bank of New South Wales | 6,000,000 0 0 | Ten per cent. per annum | 297,981 0 0 | 3,800,000 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 | 260,000 0 0 | 3,646,868 0 0 |
| National Bank of New Zealand, Limited .. | 1,250,000 0 0 | Twelve per cent. per annum for half-year .. | 75,000 0 0 | 1,278,621 0 0 |
| Commercial Bank of Australia, Limited{Ordinary | 351,527 0 0 | Fifteen per cent. per annum for half-year .. | 25,717 4 3 | |
| Preference | 2,117,350 0 0 | Four per cent. per annum (preference only) | 42,347 0 0 | 42,208 17 8 |
The Treasury, Wellington, 11th July, 1923. J. J. ESSON, Secretary to the Treasury.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 1923, No 56
NZLII —
NZ Gazette 1923, No 56
✨ LLM interpretation of page content
💰
Commercial Bank of Australia Financial Statement
(continued from previous page)
💰 Finance & Revenue11 July 1923
Financial statement, Liabilities, Assets, Commercial Bank of Australia, Banks
- J. J. Esson, Secretary to the Treasury