✨ Banking Financial Statements
STATEMENT of the LIABILITIES and ASSETS of the undermentioned BANKS in the DOMINION of NEW ZEALAND for the QUARTER ended 30TH JUNE, 1928.
LIABILITIES.
| BANKS. | Notes in Circulation. | Bills in Circulation. | Balances due to other Banks. | Deposits. | Total Liabilities. | |||
|---|---|---|---|---|---|---|---|---|
| £ s. d. | £ s. d. | £ s. d. | Government. | Not bearing Interest. | Bearing Interest. | Transfers from Long-term Mortgage Department. | £ s. d. | |
| Bank of New Zealand .. | 3,559,145 0 0 | 115,078 0 0 | 57,779 0 0 | 1,956,075 0 0 | 11,966,606 0 0 | 13,425,599 0 0 | 274,497 0 0 | 31,354,779 0 0 |
| Union Bank of Australia, Limited .. | 552,739 0 0 | 127,211 0 0 | 606,798 0 0 | .. | 2,849,425 0 0 | 3,123,339 0 0 | .. | 7,259,512 0 0 |
| Bank of New South Wales .. | 536,489 16 11 | 15,480 5 8 | 34,703 3 7 | .. | 2,717,035 16 1 | 3,633,537 1 6 | .. | 6,937,246 3 9 |
| Bank of Australasia .. | 430,931 13 1 | 16,818 18 11 | .. | .. | 2,516,731 1 6 | 2,492,506 16 3 | .. | 5,456,988 9 9 |
| National Bank of New Zealand, Limited | 1,129,894 0 0 | 17,692 0 0 | 1,053,539 0 0 | .. | 4,332,368 0 0 | 4,334,468 0 0 | .. | 10,867,961 0 0 |
| Commercial Bank of Australia, Limited | 222,910 0 0 | 3,355 0 0 | .. | .. | 974,979 0 0 | 580,538 0 0 | .. | 1,781,782 0 0 |
| Totals .. | 6,432,109 10 0 | 295,635 4 7 | 1,752,819 3 7 | 1,956,075 0 0 | 25,357,144 17 7 | 27,589,987 17 9 | 274,497 0 0 | 63,658,268 13 6 |
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 | 3,151,714 0 0 | 5,940 0 0 | 59,588 0 0 | 258,349 0 0 | 1,745,726 0 0 | 408,294 0 0 | 699,028 0 0 | 3,052,990 0 0 | 311,689 | 19,242,877 0 0 | 247,248 0 0 | 29,183,443 0 0 |
| Union B. of Aus., Ltd. | 975,371 0 0 | .. | 2,612 0 0 | 111,481 0 0 | 4,634 0 0 | 30,000 0 0 | 34,027 0 0 | .. | .. | 5,176,203 0 0 | 52,966 0 0 | 6,387,294 0 0 |
| Bank of N.S.W. .. | 1,234,185 16 5 | 38,813 8 3 | 19,068 13 1 | 598 14 3 | 106,263 7 9 | 176,557 7 7 | 60,499 9 9 | 683,730 0 0 | .. | 5,620,290 14 8 | 115,526 3 0 | 8,055,533 14 9 |
| Bank of Australasia.. | 974,464 1 7 | .. | 6,548 5 7 | 81,644 10 11 | 27,153 16 11 | 20,133 17 1 | 116,915 3 7 | 154,763 1 11 | .. | 4,434,749 5 4 | 688 17 11 | 5,817,061 0 10 |
| Nat. Bank of N.Z., Ltd. | 956,064 0 0 | 5,686 0 0 | 23,253 0 0 | 193,183 0 0 | .. | 398,514 0 0 | 230,874 0 0 | 831,690 0 0 | .. | 8,422,650 0 0 | 348,783 0 0 | 11,410,697 0 0 |
| Commercial Bank of Australia, Limited | 225,256 0 0 | .. | 10,996 0 0 | 52,783 0 0 | 47,230 0 0 | 87,400 0 0 | 36,111 0 0 | 69,725 0 0 | .. | 1,352,731 0 0 | 485 0 0 | 1,882,717 0 0 |
| Totals .. | 7,517,054 18 0 | 50,439 8 3 | 122,065 18 8 | 698,039 5 2 | 1,931,007 4 8 | 1,120,899 4 8 | 1,177,454 13 4 | 4,792,898 1 11 | 311,689 | 44,249,501 0 0 | 765,697 0 11 | 62,736,745 15 7 |
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 May, 1928 | .. | 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 | 234,375 0 0 | Six per cent. per annum | .. | 7,031 4 10 |
| D Long-term mortgage shares .. | 444,184 0 0 | Seven and one-half per cent. per annum .. | .. | 17,562 17 2 |
| 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 | 7,500,000 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 (for half-year) | .. | 120,000 0 0 |
| Commercial Bank of Australia, Limited{Ordinary | 1,436,038 2 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, 11th July, 1928. R. E. HAYES, Secretary to the Treasury.
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VUW Te Waharoa —
NZ Gazette 1928, No 57
NZLII —
NZ Gazette 1928, No 57
✨ LLM interpretation of page content
💰
Bank of New South Wales Quarterly Statement
(continued from previous page)
💰 Finance & Revenue11 July 1928
Bank of New South Wales, Liabilities, Assets, Dividends, Financial Statement
- R. E. Hayes, Secretary to the Treasury