Banking Financial Statements




STATEMENT of the LIABILITIES and ASSETS of the undermentioned BANKS in the DOMINION of NEW ZEALAND for the QUARTER ended 31st DECEMBER, 1927.

LIABILITIES.

BANKS. Notes in Circulation. Bills in Circulation. Balances due to other Banks. Deposits. Transfers from Long-term Mortgage Department. Total Liabilities.
£ s. d. £ s. d. £ s. d. Government. Not bearing Interest. Bearing Interest. £ s. d. £ s. d.
Bank of New Zealand 3,765,029 0 0 108,464 0 0 1,050,137 0 0 1,774,934 0 0 9,980,378 0 0 12,144,068 0 0 249,964 0 0 29,072,974 0 0
Union Bank of Australia, Limited 542,771 0 0 137,030 0 0 16,705 0 0 .. 2,347,788 0 0 2,695,589 0 0 .. 5,739,883 0 0
Bank of New South Wales 537,096 10 0 18,637 0 3 136,184 3 7 .. 2,190,398 7 3 3,183,114 14 6 .. 6,065,430 15 7
Bank of Australasia 421,462 10 9 19,889 15 6 .. .. 2,024,066 4 2 2,006,627 19 11 .. 4,471,546 10 4
National Bank of New Zealand, Limited 1,111,772 0 0 16,419 0 0 .. .. 3,922,297 0 0 3,748,844 0 0 .. 8,799,332 0 0
Commercial Bank of Australia, Limited 191,930 0 0 13,515 0 0 .. .. 973,408 0 0 484,478 0 0 .. 1,663,331 0 0
Totals 6,570,061 0 9 313,454 15 9 1,203,026 3 7 1,774,934 0 0 21,438,335 11 5 24,262,721 14 5 249,964 0 0 55,812,497 5 11

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. Other Funded Securities. 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 3,495,654 0 0 8,385 0 0 58,904 0 0 243,217 0 0 22,688 0 0 414,994 0 0 1,093,961 0 0 3,037,796 0 0 315,816 21,253,281 0 0 199,803 0 0 30,144,499 0 0
Union B. of Aus., Ltd. 987,282 0 0 .. 5,689 0 0 89,868 0 0 437,660 0 0 30,000 0 0 38,529 0 0 .. .. 5,681,549 0 0 79,342 0 0 7,349,919 0 0
Bank of N.S.W. 1,226,360 1 6 34,628 2 2 20,911 16 2 1,330 19 3 102,808 9 0 172,649 13 2 157,234 13 4 683,730 0 0 .. 6,266,483 8 9 141,146 1 8 8,807,283 5 0
Bank of Australasia.. 963,537 5 7 .. 29,796 10 2 84,191 3 4 59,230 15 5 34,478 13 11 130,638 18 11 154,763 1 11 .. 5,124,389 2 2 369 14 6 6,581,395 5 11
Nat. Bank of N.Z., Ltd. 962,319 0 0 25,839 0 0 19,301 0 0 172,403 0 0 562,769 0 0 359,954 0 0 213,937 0 0 781,690 0 0 .. 8,460,734 0 0 368,547 0 0 11,927,493 0 0
Commercial Bank of Australia, Limited 162,371 0 0 .. 72,418 0 0 51,058 0 0 69,154 0 0 87,400 0 0 37,575 0 0 69,725 0 0 .. 1,301,352 0 0 821 0 0 1,851,874 0 0
Totals 7,797,523 7 1 68,852 2 2 207,020 6 4 642,068 2 7 1,254,310 4 5 1,099,476 7 1 1,671,875 12 3 4,727,704 1 11 315,816 48,087,788 10 11 790,028 16 2 66,662,463 10 11

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 was paid 1st November, 1927 10,599 0 0
Preference A shares issued to the New Zealand Government 500,000 0 0 Ten per cent. per annum 50,000 0 0
C Long-term mortgage shares issued to the New Zealand Government 175,781 0 0 Six per cent. per annum 878 18 1 3,609,655 0 0
D Long-term mortgage shares 428,077 0 0 Seven and one-half per cent. per annum 2,185 5 9
Preference B shares issued to the New Zealand Government 1,375,000 0 0 Equal, with bonus, to thirteen and two-elevenths per cent. per annum 181,250 0 0
Ordinary shares 3,750,000 0 0 Equal, with bonus of one per cent., to fourteen and one-third per cent. per annum 537,500 0 0
Union Bank of Australia, Limited 3,500,000 0 0 Fifteen per cent. per annum 262,500 0 0 4,610,438 0 0
Bank of New South Wales 7,423,440 0 0 Ten per cent. per annum.. 701,211 0 0 5,650,000 0 0
Bank of Australasia 4,000,000 0 0 Fourteen per cent. per annum 280,000 0 0 3,945,508 0 0
National Bank of New Zealand, Limited.. 2,000,000 0 0 Twelve per cent. per annum and two per cent. bonus 160,000 0 0 2,345,319 0 0
Commercial Bank of Australia, Limited{ Ordinary 1,241,494 7 6 Fifteen per cent. per annum 78,906 5 0 1,381,759 14 4
2,117,350 0 0 Four per cent. per annum 42,347 0 0

The Treasury, Wellington, 11th January, 1928. R. E. HAYES, Secretary to the Treasury.



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✨ LLM interpretation of page content

💰 Bank of New South Wales Liabilities and Assets Statement (continued from previous page)

💰 Finance & Revenue
11 January 1928
Banking, Liabilities, Assets, Dividends, Wellington
  • R. E. Hayes, Secretary to the Treasury