v3.22.2.2
Note 8 - Property and Equipment
12 Months Ended
Oct. 31, 2022
Statement Line Items [Line Items]  
Disclosure of property, plant and equipment [text block]

8.

Property and equipment:

 

(thousands of Canadian dollars)

        
  

2022

  

2021

 
         

Cost

 $17,465  $16,884 

Accumulated amortization

  (10,597)  (9,809)
         
  $6,868  $7,075 

 

None of the Bank’s property and equipment is subject to title restrictions, nor is any pledged as security for any of the Bank’s liabilities. Total amortization expense recorded for property and equipment for the year ended October 31, 2022 totalled $788,000 (2021 - $735,000).