Supporting information:

G3 Registered banks: summary of selected aggregate financial data


			*Previous Years:*		*Quarterly:*
			Dec 2009	Dec 2010	Mar 2011	Jun 2011	Sep 2011	Dec 2011
Income statement ($m)
Interest income			21,233	20,517	20,788	20,877	20,917	20,699
Less: interest expense			14,304	13,205	13,426	13,258	13,182	12,880
Net interest income			6,929	7,313	7,362	7,619	7,735	7,819
Plus: other operating income			2,602	2,052	2,273	2,013	2,523	2,897
Total income			9,530	9,365	9,635	9,633	10,258	10,716
Less:operating expenses			4,222	4,404	4,438	4,483	4,453	4,477
Profit before provision for credit impairment			5,309	4,961	5,197	5,150	5,806	6,240
Less: provision for credit impairment			2,397	1,009	907	877	835	763
Plus / minus: non-operating income or expenses			-1,727	-3	-163	-183	-186	-177
Profit before income tax			1,185	3,949	4,127	4,090	4,785	5,300
Less: income tax expense			860	1,226	1,280	1,240	1,419	1,534
Profit after income tax			325	2,723	2,847	2,850	3,366	3,766
Profit attributable to minority interest			30	22	24	25	24	24
Profit attributable to shareholders			295	2,700	2,823	2,825	3,342	3,742

Balance sheet assets ($m)
Cash and balances with Central Bank			11,566	9,878	8,297	8,371	9,637	11,515
Balances with other financial institutions			5,693	5,895	7,037	5,650	8,042	2,947
Securities			28,181	30,089	31,967	33,646	33,858	35,904
Mortgage lending			165,484	168,246	168,882	169,702	170,345	171,074
Other lending			127,593	127,873	127,395	127,547	128,378	130,388
Other assets			38,223	37,652	39,176	39,259	47,122	41,304
Total assets			376,740	379,635	382,754	384,175	397,383	393,132

Equity and liabilities ($m)
Equity			21,251	22,565	22,938	23,299	24,239	25,643
Subordinated debt			11,750	11,682	11,902	11,271	11,051	11,142
Deposits and other borrowings			316,774	318,398	319,820	318,533	326,887	325,685
Other liabilities			26,965	26,990	28,094	31,072	35,206	30,662
Total equity and liabilities			376,740	379,635	382,754	384,175	397,383	393,132
Average assets		¹	387,349	377,291	378,493	380,506	385,399	387,416

Total assets of banks ($m)
Incorporated overseas			289,987	290,435	292,473	292,968	300,623	297,691
Incorporated in New Zealand			328,799	329,970	332,839	334,158	347,645	350,667
Overseas owned			357,759	359,119	361,244	362,550	374,824	369,291
New Zealand owned			18,981	20,516	21,510	21,626	22,559	23,841

Income related ratios (%)
Return on assets			0.08	0.72	0.75	0.74	0.87	0.97
Return on equity		²	2.89	9.96	10.20	10.12	11.92	13.14
Net interest margin			2.02	2.13	2.15	2.21	2.23	2.24
Other income / total income			27.30	21.92	23.59	20.90	24.60	27.04
Other expenses / total income			44.30	47.03	46.06	46.54	43.40	41.77
Other expenses / total assets			1.09	1.17	1.17	1.18	1.16	1.16

Balance sheet ratios (%)
Tier 1 capital ratio		²	9.52	9.80	9.73	9.77	9.95	10.62
Total capital ratio		²	12.61	12.76	12.64	12.51	12.47	13.30
Impaired assets / gross lending			1.25	1.61	1.65	1.51	1.41	1.36
Non-performing loans / gross lending			1.72	2.09	2.11	1.98	1.78	1.72
Year on year change in total assets			-5.75	0.77	2.31	3.02	3.74	3.56

Number of registered banks
Number of registered banks			19	19	20	20	20	21


¹	Calculated using the end of quarter assets over the previous twelve month period.
²	New Zealand incorporated banks only

Last updated 18 April 2012
Source: Reserve Bank of New Zealand