v3.22.2.2
Note 15 - Per Share Amounts
 12 Months Ended
Oct. 31, 2022
Statement Line Items [Line Items]  
Disclosure of earnings per share [text block]

15.

Per share amounts:

 

Basic and diluted income per common share

 

(thousands of Canadian dollars)

        
  

2022

  

2021

 
         

Net income

 $22,658  $22,380 

Preferred share dividends paid

  (988)  (1,578)

Net income available to common shareholders

  21,670   20,802 
         

Weighted average number of common shares outstanding

  27,425,479   21,752,930 
         

Basic and diluted income per common share:

 $0.79  $0.96 

 

The Series 1 NVCC preferred shares are contingently issuable shares and do not have a dilutive impact. The outstanding employee stock options are dilutive but are de minimis and therefore have no impact on the Bank’s income per share amounts.