✨ Bank Financial Statements
STATEMENT of the LiABILITIES and Assets of the undermentioned Banks in the Dominion of New ZealAND for the QUARTER ended 31st DECEMBER, 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. | |
| Bank of New Zealand | 1,216,621 0 0 | 57,092 0 0 | 135,484 0 0 | 575,451 0 0 | 9,722,927 0 0 |
| Union Bank of Australia, Ltd. | 149,418 0 0 | 80,551 0 0 | 3,706 0 0 | 41 0 0 | 2,475,854 0 0 |
| Bank of New South Wales | 164,392 0 0 | 12,733 0 0 | 2,511 0 0 | 2,402,780 0 0 | 4,663,032 0 0 |
| Bank of Australasia | 95,198 15 0 | 13,187 11 10 | 1,918,036 7 7 | 3,552,360 10 1 | |
| National Bank of New ZealAND, Ltd. | 326,380 0 0 | 17,644 0 0 | 71,296 0 0 | 3,906,761 0 0 | 6,609,028 0 0 |
| Commercial Bank of Australia, Ltd. | 43,688 0 0 | 2,262 0 0 | 42 0 0 | 1,091,793 0 0 | 854,120 0 0 |
| Totals | 1,995,697 15 0 | 183,469 11 10 | 212,997 0 0 | 575,534 0 0 | 21,518,151 7 7 |
ASSETS.
| Banks. | Coined Gold and Silver and other Coined Metals. | Gold and Silver 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. | 222,504 0 0 | 4,386 0 0 | 2,864,722 0 0 | 4,415,267 0 0 | 527,309 0 0 | 210,508 0 0 | 2,995,672 0 0 | 296,093 | 17,938,910 0 0 | 107,387 0 0 | 29,582,758 0 0 | |
| Union Bank of Australia, Ltd. | 88,358 0 0 | 404 0 0 | 426,788 0 0 | 716,170 0 0 | 30,000 0 0 | 56,253 0 0 | 5,664,066 0 0 | 212 0 0 | 6,982,251 0 0 | |||
| Bank of N.S.W. | 116,426 0 0 | 432,884 0 0 | 2,494,667 0 0 | 205,634 0 0 | 24,860 0 0 | 5,144,794 0 0 | 46,361 0 0 | 8,465,626 0 0 | ||||
| Bank of Austl'sia | 85,077 11 4 | 8 12 10 | 408,704 2 8 | 681,703 8 10 | 33,827 14 4 | 53,402 15 10 | 4,256,927 3 2 | 218 9 2 | 5,519,869 18 2 | |||
| National Bank of N.Z., Ltd. | 67,057 0 0 | 1,594 0 0 | 941,510 0 0 | 3,629,331 0 0 | 462,620 0 0 | 195,163 0 0 | 2,494,307 0 0 | 7,554,626 0 0 | 61,062 0 0 | 15,407,270 0 0 | ||
| Commercial Bank of Aust., Ltd. | 32,607 0 0 | 290 0 0 | 115,260 0 0 | 486,571 0 0 | 106,200 0 0 | 14,686 0 0 | 142,902 0 0 | 1,346,839 0 0 | 1,545 0 0 | 2,246,900 0 0 | ||
| Totals | 612,029 11 4 | 439,566 12 10 | 4,756,984 2 8 | 12,423,709 8 10 | 1,365,590 14 4 | 554,872 15 10 | 5,632,881 0 0 | 296,093 | 41,906,162 3 2 | 216,785 9 2 | 68,204,674 18 2 |
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. | Ten per cent. per annum | £ s. d. | £ s. d. | |
| Bank of New Zealand— | 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 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 | |
| Bank of New South Wales | 8,780,000 0 0 | Five per cent. per annum | 439,000 0 0 | |
| Bank of Australasia | 4,500,000 0 0 | Seven per cent. per annum | 157,500 0 0 | |
| National Bank of New ZealAND, Ltd. | 2,000,000 0 0 | Four per cent. per annum | 40,000 0 0 | |
| Commercial Bank of Australia, Ltd. | {Ordinary 2,000,000 0 0 | Five per cent. per annum | 50,000 0 0 | |
| Preference | 2,117,350 0 0 | Four per cent. per annum | 42,347 0 0 |
The Treasury, Wellington, 16th January, 1935.
A. D. PARK, Secretary to the Treasury.
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VUW Te Waharoa —
NZ Gazette 1935, No 2
NZLII —
NZ Gazette 1935, No 2
✨ LLM interpretation of page content
💰 Statement of Liabilities and Assets of Banks in New Zealand
💰 Finance & Revenue16 January 1935
Banking, Financial Statements, Liabilities, Assets, Capital, Profits
- A. D. Park, Secretary to the Treasury