✨ 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, 1928.
LIABILITIES.
| BANKS. | Notes in Circulation. | Bills in Circulation. | Balances due to other Banks. | Government. | Not bearing Interest. | Bearing Interest. | Transfers from Long-term Mortgage Department. | Total Liabilities. |
|---|---|---|---|---|---|---|---|---|
| Bank of New Zealand .. | £ s. d. 3,539,135 0 0 | £ s. d. 110,534 0 0 | £ s. d. 248,475 0 0 | £ s. d. 2,378,577 0 0 | £ s. d. 11,502,643 0 0 | £ s. d. 12,545,565 0 0 | £ s. d. 306,592 0 0 | £ s. d. 30,631,521 0 0 |
| Union Bank of Australia, Limited .. | 546,266 0 0 | 164,215 0 0 | 100,088 0 0 | .. | 2,838,375 0 0 | 2,827,472 0 0 | .. | 6,476,416 0 0 |
| Bank of New South Wales .. | 551,995 13 10 | 14,796 10 0 | 264,492 9 2 | .. | 2,589,490 19 6 | 3,323,768 0 2 | .. | 6,744,543 12 8 |
| Bank of Australasia .. | 427,683 16 2 | 19,940 17 6 | .. | .. | 2,473,118 3 4 | 2,207,671 13 7 | .. | 5,128,414 10 7 |
| National Bank of New Zealand, Limited | 1,100,942 0 0 | 24,734 0 0 | 582,769 0 0 | .. | 4,148,062 0 0 | 4,040,592 0 0 | .. | 9,897,099 0 0 |
| Commercial Bank of Australia, Limited | 210,645 0 0 | 4,030 0 0 | .. | .. | 930,462 0 0 | 531,075 0 0 | .. | 1,676,212 0 0 |
| Totals .. | 6,376,667 10 0 | 338,250 7 6 | 1,195,824 9 2 | 2,378,577 0 0 | 24,482,151 2 10 | 25,476,143 13 9 | 306,592 0 0 | 60,554,206 3 3 |
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. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bank of New Zealand | £ s. d. 3,477,387 0 0 | £ s. d. 9,480 0 0 | £ s. d. 64,030 0 0 | £ s. d. 288,676 0 0 | £ s. d. 771,659 0 0 | £ s. d. 418,163 0 0 | £ s. d. 987,929 0 0 | £ s. d. 3,074,697 0 0 | £ 322,267 | £ s. d. 19,616,035 0 0 | £ s. d. 216,489 0 0 | £ s. d. 29,246,812 0 0 |
| Union B. of Aus., Ltd. | 979,985 0 0 | .. | 3,866 0 0 | 114,229 0 0 | 282,594 0 0 | 30,000 0 0 | 33,847 0 0 | .. | .. | 5,277,741 0 0 | 59,320 0 0 | 6,781,582 0 0 |
| Bank of N.S.W. .. | 1,222,340 9 8 | 37,568 8 10 | 14,206 2 4 | 1,252 16 11 | 97,581 7 4 | 171,612 8 8 | 105,907 8 4 | 683,730 0 0 | .. | 5,878,205 11 6 | 143,674 12 2 | 8,356,079 5 9 |
| Bank of Australasia.. | 972,111 0 9 | .. | 27,437 17 1 | 98,406 1 10 | 55,384 12 4 | 34,149 18 3 | 144,222 4 1 | 154,763 1 11 | .. | 4,554,655 6 0 | 308 9 4 | 6,041,438 11 7 |
| Nat. Bank of N.Z., Ltd. | 957,144 0 0 | 3,710 0 0 | 27,266 0 0 | 165,575 0 0 | 105,154 0 0 | 384,884 0 0 | 201,420 0 0 | 816,305 0 0 | .. | 7,974,072 0 0 | 320,438 0 0 | 10,955,968 0 0 |
| Commercial Bank of Australia, Limited | 207,733 0 0 | .. | 27,753 0 0 | 50,672 0 0 | 41,846 0 0 | 87,400 0 0 | 31,570 0 0 | 69,725 0 0 | .. | 1,264,766 0 0 | 994 0 0 | 1,782,459 0 0 |
| Totals .. | 7,816,700 10 5 | 50,758 8 10 | 164,558 19 5 | 718,810 18 9 | 1,354,218 19 8 | 1,126,209 6 11 | 1,504,895 12 5 | 4,799,220 1 11 | 322,267 | 44,565,474 17 6 | 741,224 1 6 | 63,164,938 17 4 |
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 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 |
| D Long-term mortgage shares .. | 440,171 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 .. | 4,000,000 0 0 | Fifteen per cent. per annum | .. | 262,500 0 0 |
| Bank of New South Wales .. | 7,481,960 0 0 | Ten per cent. per annum.. | .. | 701,211 0 0 |
| Bank of Australasia .. | 4,000,000 0 0 | Fourteen per cent. per annum | .. | 280,000 0 0 |
| National Bank of New Zealand, Limited.. | 2,000,000 0 0 | Twelve per cent. per annum | .. | 120,000 0 0 |
| Commercial Bank of Australia, Limited{Ordinary | 1,345,246 17 6 | Fifteen per cent. per annum | .. | 88,281 5 0 |
| Preference .. | 2,117,350 0 0 | Four per cent. per annum | .. | 42,347 0 0 |
The Treasury, Wellington, 10th April, 1928. R. E. HAYES, Secretary to the Treasury.
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VUW Te Waharoa —
NZ Gazette 1928, No 32
NZLII —
NZ Gazette 1928, No 32
✨ LLM interpretation of page content
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Bank of New South Wales Financial Statement
(continued from previous page)
💰 Finance & Revenue10 April 1928
Bank Statement, Liabilities, Assets, Dividends, Bank of New South Wales
- R. E. Hayes, Secretary to the Treasury