Disclosure of regulatory capital and capital ratios [text block] |
(thousands of Canadian dollars) | | | | | | | | | | | | |
| | | | | | | | | | | | |
| | 2022 | | | 2022 | | | 2021 | |
| | "Transitional" | | | "All in" | | | "All in" | |
| | | | | | | | | | | | |
Common Equity Tier 1 (CET1) capital | | | | | | | | | | | | |
Directly issued qualifying common share capital | | $ | 225,982 | | | $ | 225,982 | | | $ | 227,674 | |
Contributed surplus | | | 1,612 | | | | 1,612 | | | | 145 | |
Retained earnings | | | 109,335 | | | | 109,335 | | | | 90,644 | |
Accumulated other comprehensive income | | | 99 | | | | 99 | | | | (4 | ) |
CET1 before regulatory adjustments | | | 337,028 | | | | 337,028 | | | | 318,459 | |
Regulatory adjustments applied to CET1 | | | (11,371 | ) | | | (11,371 | ) | | | (12,751 | ) |
Common Equity Tier 1 capital | | $ | 325,657 | | | $ | 325,657 | | | $ | 305,708 | |
| | | | | | | | | | | | |
Additional Tier 1 capital | | | | | | | | | | | | |
Directly issued qualifying Additional Tier 1 instruments | | $ | 13,647 | | | $ | 13,647 | | | $ | 13,647 | |
Total Tier 1 capital | | $ | 339,304 | | | $ | 339,304 | | | $ | 319,355 | |
| | | | | | | | | | | | |
Tier 2 capital | | | | | | | | | | | | |
Directly issued capital instruments | | $ | 107,367 | | | $ | 107,367 | | | $ | 97,910 | |
Tier 2 capital before regulatory adjustments | | | 107,367 | | | | 107,367 | | | | 97,910 | |
Eligible stage 1 and stage 2 allowance | | | 1,904 | | | | 1,904 | | | | 1,453 | |
Total Tier 2 capital | | $ | 109,271 | | | $ | 109,271 | | | $ | 99,363 | |
Total regulatory capital | | $ | 448,575 | | | $ | 448,575 | | | $ | 418,718 | |
Total risk-weighted assets | | $ | 2,714,902 | | | $ | 2,714,902 | | | $ | 2,013,544 | |
Capital ratios | | | | | | | | | | | | |
CET1 capital ratio | | | 12.00 | % | | | 12.00 | % | | | 15.18 | % |
Tier 1 capital ratio | | | 12.50 | % | | | 12.50 | % | | | 15.86 | % |
Total capital ratio | | | 16.52 | % | | | 16.52 | % | | | 20.80 | % |
(thousands of Canadian dollars) | | | | | | | | | | | | |
| | 2022 | | | 2022 | | | 2021 | |
| | "Transitional" | | | "All-in" | | | "All-in" | |
| | | | | | | | | | | | |
On-balance sheet assets | | $ | 3,265,998 | | | $ | 3,265,998 | | | $ | 2,415,086 | |
Asset amounts adjusted in determining the Basel III Tier 1 capital | | | (11,371 | ) | | | (11,371 | ) | | | (12,751 | ) |
Total on-balance sheet exposures | | | 3,254,627 | | | | 3,254,627 | | | | 2,402,335 | |
| | | | | | | | | | | | |
Off-balance sheet exposure at gross notional amount | | $ | 443,124 | | | $ | 443,124 | | | $ | 342,710 | |
Adjustments for conversion to credit equivalent amount | | | (251,101 | ) | | | (251,101 | ) | | | (210,065 | ) |
Off-balance sheet exposures | | | 192,023 | | | | 192,023 | | | | 132,645 | |
| | | | | | | | | | | | |
Tier 1 capital | | | 339,304 | | | | 339,304 | | | | 319,355 | |
Total exposures | | | 3,446,650 | | | | 3,446,650 | | | | 2,534,980 | |
| | | | | | | | | | | | |
Leverage ratio | | | 9.84 | % | | | 9.84 | % | | | 12.60 | % |
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