✨ 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, 1924.
LIABILITIES.
| BANKS. | Notes in Circulation. | Bills in Circulation. | Balances due to other Banks. | Deposits. | Total Liabilities. | ||
|---|---|---|---|---|---|---|---|
| £ s. d. | £ s. d. | £ s. d. | Government. £ s. d. | Not bearing Interest. £ s. d. | Bearing Interest. £ s. d. | £ s. d. | |
| Bank of New Zealand | 4,016,291 5 4 | 93,068 9 9 | 107,887 2 10 | 3,977,320 19 4 | 12,917,454 16 2 | 9,911,511 10 11 | 31,023,534 4 4 |
| Union Bank of Australia, Limited | 632,005 0 0 | 138,256 0 0 | 12,888 0 0 | .. | 3,435,321 0 0 | 2,209,631 0 0 | 6,428,101 0 0 |
| Bank of New South Wales | 508,133 7 8 | 16,447 14 11 | 15,294 8 9 | .. | 3,130,353 3 5 | 2,602,493 1 5 | 6,272,721 16 2 |
| Bank of Australasia | 376,244 0 9 | 15,278 11 1 | .. | .. | 2,762,296 17 0 | 1,538,838 1 8 | 4,692,657 10 6 |
| National Bank of New Zealand, Limited | 1,019,933 0 0 | 20,500 0 0 | .. | .. | 5,266,438 0 0 | 2,779,854 0 0 | 9,086,725 0 0 |
| Commercial Bank of Australia, Limited | 90,513 0 0 | 3,970 0 0 | .. | .. | 824,896 0 0 | 250,224 0 0 | 1,169,603 0 0 |
| Totals | 6,643,119 13 9 | 287,520 15 9 | 136,069 11 7 | 3,977,320 19 4 | 28,336,759 16 7 | 19,292,551 14 0 | 58,678,342 11 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 | 3,464,576 14 8 | 4,670 11 8 | 203,827 12 5 | 545,295 2 2 | 219,147 11 6 | 870,889 5 9 | 3,379,439 15 7 | 38,511 3 1 | 18,272,735 8 7 | 644,829 16 11 | 27,643,923 2 4 |
| Union Bank of Australia, Limited | 1,074,578 0 0 | 421 0 0 | 101,032 0 0 | 64,388 0 0 | 30,000 0 0 | 52,269 0 0 | .. | 78,156 0 0 | 5,103,670 0 0 | 64,808 0 0 | 6,569,322 0 0 |
| Bank of New South Wales | 1,228,362 7 11 | 10,518 14 7 | 344 15 4 | 107,546 0 2 | 151,416 15 0 | 160,053 12 4 | 716,493 9 8 | 47,062 0 0 | 5,048,488 2 8 | 130,756 15 10 | 7,601,042 13 6 |
| Bank of Australasia | 965,502 9 2 | .. | 68,016 10 1 | 90,076 18 6 | 75,464 17 10 | 126,243 1 0 | 154,763 1 11 | 53,432 4 7 | 4,912,202 5 2 | 10,662 0 11 | 6,456,363 9 2 |
| National Bank of N.Z., Limited | 966,312 0 0 | 886 0 0 | 184,281 0 0 | .. | 231,919 0 0 | 219,457 0 0 | 871,664 0 0 | 154 0 0 | 8,005,845 0 0 | 39,246 0 0 | 10,519,764 0 0 |
| Commercial Bank of Australia, Limited | 129,918 0 0 | .. | 42,722 0 0 | .. | 79,715 0 0 | 47,681 0 0 | 6,100 0 0 | 78,561 0 0 | 1,066,053 0 0 | 2,669 0 0 | 1,453,419 0 0 |
| Totals | 7,829,249 11 9 | 16,496 6 | 600,223 17 10 | 807,306 0 10 | 787,663 4 4 | 1,476,592 19 1 | 5,128,460 7 2 | 295,876 7 8 | 42,408,993 16 5 | 892,971 13 8 | 60,243,834 5 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. |
|---|---|---|---|---|
| £ 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, 1924 | 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 | 1,000,000 0 0 | On preference “B” shares, equal to over ten per cent. per annum | 87,436 0 0 | 2,831,513 0 0 |
| Ordinary shares | 3,000,000 0 0 | On ordinary shares, equal to thirteen and one-third per cent. per annum | 349,871 0 0 | |
| Union Bank of Australia, Limited | 3,000,000 0 0 | Fifteen per cent. per annum | 225,000 0 0 | 3,664,711 0 0 |
| Bank of New South Wales | 6,000,000 0 0 | Ten per cent. per annum | 300,000 0 0 | 4,050,000 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 | 3,745,427 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 | 1,528,167 0 0 |
| Commercial Bank of Australia, Limited | 509,578 10 0 | Fifteen per cent. per annum for half-year | 26,364 10 6 | 144,785 16 5 |
| 2,117,350 0 0 | Four per cent. per annum (preference only) | 42,347 0 0 |
The Treasury, Wellington, 15th July, 1924. J. J. ESSON, Secretary to the Treasury.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 1924, No 48
NZLII —
NZ Gazette 1924, No 48
✨ LLM interpretation of page content
💰
Commercial Bank of Australia Quarterly Statement
(continued from previous page)
💰 Finance & Revenue15 July 1924
Bank Statement, Liabilities, Assets, Dividends, Commercial Bank of Australia
- J. J. Esson, Secretary to the Treasury