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 PDF NZ Gazette 1925, No 25


NZLII PDF 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 & Revenue
14 April 1925
Banking, Financial Statements, Liabilities, Assets, Quarterly Report
  • R. E. Hayes, Acting Secretary to the Treasury