Note 14 - Income Taxes (Tables)

12 Months Ended

Oct. 31, 2022

Statement Line Items [Line Items]

Disclosure of reconciliation of income tax expense [text block]

(thousands of Canadian dollars)
		2022				2021

Income before income taxes		$	32,548			$	30,789
Income tax rate			27	%			27	%

Expected income tax provision			8,788				8,313

Tax rate differential			172				(83	)
Unrecognized deferred tax asset			411				159
Other permanent differences			519				20

Income taxes		$	9,890			$	8,409

Disclosure of major components of income tax expense [text block]

(thousands of Canadian dollars)
		2022				2021

Current income taxes		$	9,199			$	4,319
Deferred income taxes			691				4,090
Income taxes		$	9,890			$	8,409

Disclosure of temporary difference, unused tax losses and unused tax credits [text block]

(thousands of Canadian dollars)
						Recognized				Recognized
		November 1,				in net				directly to				October 31,
		2021				income				equity				2022

Allowance for credit losses		$	388			$	120			$	-			$	508
Loss carry forwards			338				(338	)			-				-
Share issue and financing costs			1,373				(464	)			-				909
Deposit commissions			(981	)			(246	)			-				(1,227	)
Intangibles assets			(898	)			112				-				(786	)
Deferred loan fees			757				(99	)			-				658
Other			1,056				224				-				1,280

Net deferred income tax assets		$	2,033			$	(691	)		$	-			$	1,342

(thousands of Canadian dollars)
						Recognized				Recognized				Recognized
		November 1,				in net				on acquisition				directly to				October 31,
		2020				income				of DBG				equity				2021

Allowance for credit losses		$	474			$	(86	)		$	-			$	-			$	388
Loss carry forwards			4,166				(3,828	)			-				-				338
Share issue and financing costs			87				(590	)			-				1,876				1,373
Deposit commissions			(865	)			(116	)			-				-				(981	)
Intangibles assets			-				-				(898	)			-				(898	)
Deferred loan fees			526				231				-				-				757
Other			757				299				-				-				1,056

Net deferred income tax assets		$	5,145			$	(4,090	)		$	(898	)		$	1,876			$	2,033

(thousands of Canadian dollars)
		2022				2021

Deferred tax assets		$	2,128			$	2,931
Deferred tax liabilities			(786	)			(898	)
Net deferred income tax assets		$	1,342			$	2,033