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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✨ LLM interpretation of page content

💰 Bank of New South Wales Financial Statement (continued from previous page)

💰 Finance & Revenue
10 April 1928
Bank Statement, Liabilities, Assets, Dividends, Bank of New South Wales
  • R. E. Hayes, Secretary to the Treasury