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

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