Bank Financial Statements




STATEMENT of the LIABILITIES and ASSETS of the undermentioned BANKS in the DOMINION of NEW ZEALAND for the QUARTER ended 30TH SEPTEMBER, 1934.

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 .. 2,775,788 0 0 69,824 0 0 172,693 0 0 1,533,797 0 0 10,198,631 0 0 20,044,509 0 0 228,540 0 0 35,023,782 0 0
Union Bank of Australia, Ltd. 378,042 0 0 65,004 0 0 90,503 0 0 56 0 0 2,477,516 0 0 4,805,282 0 0 .. 7,816,403 0 0
Bank of New South Wales 392,870 0 0 13,059 0 0 165,474 0 0 .. 2,424,666 0 0 4,793,585 0 0 .. 7,789,654 0 0
Bank of Australasia .. 259,366 6 11 10,912 12 2 692 6 2 .. 1,909,975 10 7 3,729,305 19 9 .. 5,910,252 15 7
National Bank of New Zealand, Ltd. 737,034 0 0 15,318 0 0 77,365 0 0 .. 4,010,333 0 0 7,217,224 0 0 .. 12,057,274 0 0
Commercial Bank of Australia, Ltd. 122,758 0 0 3,680 0 0 .. 34 0 0 1,090,399 0 0 850,435 0 0 .. 2,067,306 0 0
Totals .. 4,665,858 6 11 177,797 12 2 506,727 6 2 1,533,887 0 0 22,111,520 10 7 41,440,340 19 9 228,540 0 0 70,664,671 15 7

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. 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 N.Z. .. 1,322,851 0 0 .. 17,883 0 0 2,283,677 0 0 4,289,141 0 0 523,831 0 0 716,623 0 0 9,423,465 0 0 351,716 16,781,045 0 0 110,499 0 0 35,820,731 0 0
Union Bank of Australia, Ltd. 400,009 0 0 .. 1,137 0 0 296,746 0 0 367,592 0 0 30,000 0 0 43,777 0 0 377,773 0 0 .. 5,077,316 0 0 219 0 0 6,594,569 0 0
Bank of N.S.W. 511,379 0 0 .. 220,766 0 0 .. 1,455,329 0 0 204,219 0 0 6,891 0 0 1,079,794 0 0 .. 4,843,469 0 0 35,868 0 0 8,357,715 0 0
Bank of Austl'sia 443,724 15 7 5 9 2 381 15 6 303,898 16 2 768,044 5 10 34,008 12 3 31,757 3 7 547,020 10 9 .. 3,846,066 12 7 254 13 1 5,975,162 14 6
National Bank of N.Z., Ltd. 393,309 0 0 .. 7,496 0 0 663,028 0 0 2,888,629 0 0 452,293 0 0 150,886 0 0 4,811,115 0 0 .. 7,333,900 0 0 61,743 0 0 16,762,399 0 0
Commercial Bank of Aust., Ltd. 87,070 0 0 .. 61,816 0 0 42,045 0 0 412,581 0 0 108,046 0 0 13,682 0 0 208,429 0 0 .. 1,331,724 0 0 905 0 0 2,266,298 0 0
Totals .. 3,158,342 15 7 5 9 2 309,479 15 6 3,589,394 16 2 10,181,316 5 10 1,352,397 12 3 963,616 3 7 16,447,596 10 9 351,716 39,213,520 12 7 209,488 13 1 75,776,874 14 6

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 on 1st May, 1934 .. .. .. 10,599 0 0
{ Interest for period from 1st May, 1934, to 19th July, 1934, was paid on 19th July, 1934 4,588 0 0
Preference A shares issued to the New Zealand Government 500,000 0 0 Ten per cent. per annum .. .. .. 50,000 0 0 3,918,608 0 0
C long-term mortgage shares issued to the N.Z. Government 234,375 0 0 Six per cent. per annum .. .. .. 14,062 10 0
D long-term mortgage shares .. .. 468,750 0 0 Seven and one-half per cent. per annum .. .. .. 35,156 5 0
Preference B shares issued to the N.Z. Government 1,375,000 0 0 Seven and three-elevenths per cent. per annum .. .. .. 100,000 0 0
Ordinary shares .. .. 3,750,000 0 0 Ten per cent. per annum .. .. .. 375,000 0 0
Union Bank of Australia, Ltd. 4,000,000 0 0 Six per cent. per annum .. .. .. 120,000 0 0 3,250,000 0 0
Bank of New South Wales 8,780,000 0 0 Five per cent. per annum .. .. .. 439,000 0 0 6,150,000 0 0
Bank of Australasia 4,500,000 0 0 Seven per cent. per annum .. .. .. 157,500 0 0 2,650,165 16 4
National Bank of New Zealand, Ltd. 2,000,000 0 0 Four per cent. per annum .. .. .. 40,000 0 0 2,146,416 0 0
Commercial Bank of Australia, Ltd. { Ordinary 2,000,000 0 0 Five per cent. per annum .. .. .. 50,000 0 0 2,250,000 0 0
{ Preference 2,117,350 0 0 Four per cent. per annum .. .. .. 42,347 0 0 ..

The Treasury, Wellington, 12th October, 1934.

  • Paid off 19th July, 1934.
    A. D. PARK, Secretary to the Treasury.


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💰 Statement of Liabilities and Assets of Banks in New Zealand

💰 Finance & Revenue
12 October 1934
Banks, Financial Statements, Liabilities, Assets, New Zealand
  • A. D. Park, Secretary to the Treasury