✨ 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, 1925.
LIABILITIES.
| BANKS. | Notes in Circulation. | Bills in Circulation. | Balances due to other Banks. | Deposits | Total Liabilities. |
|---|---|---|---|---|---|
| Government. | Not bearing Interest. | ||||
| Bank of New Zealand | £ s. d. | £ s. d. | £ s. d. | £ s. d. | £ s. d. |
| .. | 4,123,635 14 7 | 103,279 10 4 | 1,034,006 9 1 | 3,193,613 16 4 | 13,786,381 9 11 |
| Union Bank of Australia, Limited | .. | 659,345 0 0 | 208,454 0 0 | 17,117 0 0 | .. |
| Bank of New South Wales | .. | 485,098 13 1 | 21,681 8 6 | 79,778 7 6 | .. |
| Bank of Australasia | .. | 416,707 3 10 | 21,864 9 10 | .. | .. |
| National Bank of New Zealand, Limited | .. | 920,656 0 0 | 31,105 0 0 | .. | .. |
| Commercial Bank of Australia, Limited | .. | 88,603 0 0 | 6,901 0 0 | .. | .. |
| Totals | .. | 6,694,045 11 6 | 393,285 8 8 | 1,130,901 16 7 | 3,193,613 16 4 |
ASSETS.
| BANKS. | Coined Gold and Silver and other Coined Metals. | Gold and Silver in Bullion or Bars. | Legal-tender Notes of other Banks. | Notes and Bills of other Banks. | Balances due from other Banks. | Landed Property. | Notes and Bills discounted. | Colonial Government Securities. | Debts due to Bank, exclusive of Debts abandoned as bad. | Securities not included under other Heads. | Total Assets. |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Bank of New Zealand | £ s. d. | £ s. d. | £ s. d. | £ s. d. | £ s. d. | £ s. d. | £ s. d. | £ s. d. | £ s. d. | £ s. d. | |
| .. | 3,430,333 8 8 | 9,664 13 5 | 52,633 6 2 | 323,993 2 5 | 111,804 2 9 | 222,944 17 6 | 11,114,534 1 9 | 3,283,179 1 2 | 18,451,092 6 4 | 743,505 9 4 | 27,743,684 9 6 |
| Union Bank of Australia, Limited | 1,025,005 0 0 | 489 0 0 | 10,165 0 0 | 147,077 0 0 | 891,786 0 0 | 30,000 0 0 | 45,499 0 0 | .. | 5,120,915 0 0 | 78,977 0 0 | 7,349,913 0 0 |
| Bank of New South Wales | 1,220,187 10 5 | 12,324 9 11 | 54,036 6 2 | 1,526 0 5 | 271,984 12 8 | 166,662 5 10 | 145,936 14 8 | 716,493 9 8 | 5,055,524 1 1 | 148,226 7 10 | 7,792,901 18 8 |
| Bank of Australasia | 961,759 12 7 | .. | 57,668 16 11 | 98,040 0 8 | 215,846 3 1 | 29,129 17 6 | 155,293 0 8 | 154,763 1 11 | 4,625,867 13 3 | 3,278 9 0 | 6,301,646 15 7 |
| National Bank of N.Z., Limited | 938,468 0 0 | 1,434 0 0 | .. | 264,370 0 0 | 11,154 0 0 | 252,863 0 0 | 210,506 0 0 | 738,140 0 0 | 7,730,464 0 0 | 294,657 0 0 | 10,437,056 0 0 |
| Commercial Bank of Australia, Limited | 133,238 0 0 | .. | 95,303 0 0 | 52,343 0 0 | 125,000 0 0 | 86,043 0 0 | 32,543 0 0 | 6,100 0 0 | 1,042,087 0 0 | 1,327 0 0 | 1,573,984 0 0 |
| Totals | .. | 7,703,991 11 8 | 23,912 3 4 | 269,806 9 3 | 887,349 3 6 | 1,627,574 18 6 | 787,643 0 10 | 1,704,311 17 1 | 4,898,675 12 9 | 42,025,950 0 8 | 1,269,971 6 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 |
|---|---|---|---|---|
| Bank of New Zealand— | £ s. d. | £ s. d. | £ s. d. | |
| 4-per-cent. stock guaranteed by the Government of N.Z.. | 529,988 0 0 | Interest for six months, paid 1st November, 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 |
| 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 | 3,500,000 0 0 | Fifteen per cent. per annum | .. | 225,000 0 0 |
| Bank of New South Wales | 6,000,000 0 0 | Ten per cent. per annum | .. | 300,000 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 |
| National Bank of New Zealand, Limited | 1,500,000 0 0 | Twelve per cent. per annum for half-year | .. | 90,000 0 0 |
| Commercial Bank of Australia, Limited | 580,198 12 6 | Fifteen per cent. per annum | .. | 39,943 8 2 |
| Preference | 2,167,718 0 0 | Four per cent. per annum (preference only) | .. | 42,347 0 0 |
The Treasury, Wellington, 14th April, 1925.
R. E. HAYES, Acting Secretary to the Treasury.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 1925, No 25
NZLII —
NZ Gazette 1925, No 25
✨ LLM interpretation of page content
💰 Statement of Liabilities and Assets of Banks in New Zealand for the Quarter Ended 31st March, 1925
💰 Finance & Revenue14 April 1925
Banking, Financial Statements, Liabilities, Assets, Quarterly Report
- R. E. Hayes, Acting Secretary to the Treasury