Consolidated Statements of Income and Comprehensive Income (Unaudited) - CAD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Apr. 30, 2025 |
Apr. 30, 2024 |
Apr. 30, 2025 |
Apr. 30, 2024 |
|
| Interest income: | ||||
| Credit assets | $ 65,898 | $ 66,096 | $ 132,857 | $ 131,172 |
| Other | 5,078 | 5,147 | 11,365 | 9,363 |
| Interest income | 70,976 | 71,243 | 144,222 | 140,535 |
| Interest expense: | ||||
| Deposits and other | 41,551 | 43,469 | 87,681 | 84,740 |
| Subordinated notes | 1,393 | 1,532 | 2,785 | 2,985 |
| Interest expense | 42,944 | 45,001 | 90,466 | 87,725 |
| Net interest income | 28,032 | 26,242 | 53,756 | 52,810 |
| Non-interest income | 2,107 | 2,259 | 4,210 | 4,542 |
| Total revenue | 30,139 | 28,501 | 57,966 | 57,352 |
| Provision for (recovery of) credit losses (note 5) | 889 | 16 | 1,913 | (111) |
| Revenue less provision for credit loss | 29,250 | 28,485 | 56,053 | 57,463 |
| Non-interest expenses: | ||||
| Salaries and benefits | 9,155 | 7,409 | 17,769 | 13,947 |
| General and administrative | 6,720 | 3,557 | 12,209 | 7,890 |
| Premises and equipment | 1,641 | 1,219 | 3,237 | 2,372 |
| Noninterest expense | 17,516 | 12,185 | 33,215 | 24,209 |
| Income before income taxes | 11,734 | 16,300 | 22,838 | 33,254 |
| Income tax provision (note 10) | 3,205 | 4,472 | 6,166 | 8,727 |
| Net income | 8,529 | 11,828 | 16,672 | 24,527 |
| Other comprehensive income (loss): | ||||
| Items that may subsequently be reclassified to net income: Foreign exchange gain (loss) on translation of foreign operations | (15) | 66 | (187) | 8 |
| Comprehensive income | $ 8,514 | $ 11,894 | $ 16,485 | $ 24,535 |
| Basic and diluted income per common share (note 11) (in CAD per share) | $ 0.26 | $ 0.45 | $ 0.54 | $ 0.93 |
| X | ||||||||||
- Definition The amount of profit (loss) attributable to ordinary equity holders of the parent entity (the numerator) divided by the weighted average number of ordinary shares outstanding during the period (the denominator). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of change in equity resulting from transactions and other events, other than those changes resulting from transactions with owners in their capacity as owners. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The expense of all forms of consideration given by an entity in exchange for a service rendered by employees or for the termination of employment. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The amount of expense relating to general and administrative activities of the entity. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The aggregate amount included in the determination of profit (loss) for the period in respect of current tax and deferred tax. [Refer: Current tax expense (income); Deferred tax expense (income)] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition The amount of expense arising from interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition The amount of interest expense on borrowings. [Refer: Interest expense; Borrowings] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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| X | ||||||||||
- Definition The amount of interest expense on deposits from banks. [Refer: Interest expense; Deposits from banks] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The amount of interest income on loans and advances to customers. [Refer: Interest income; Loans and advances to customers] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The amount of interest income on other financial assets. [Refer: Interest income; Other financial assets] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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| X | ||||||||||
- Definition The amount of income or expense arising from interest. [Refer: Interest expense; Interest income] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition The amount of other comprehensive income, net of tax, after reclassification adjustments, related to exchange differences when financial statements of foreign operations are translated. [Refer: Other comprehensive income] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition The profit (loss) before tax expense or income. [Refer: Profit (loss)] Reference 1: http://www.xbrl.org/2003/role/exampleRef
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| X | ||||||||||
- Definition The income arising in the course of an entity's ordinary activities. Income is increases in assets, or decreases in liabilities, that result in increases in equity, other than those relating to contributions from holders of equity claims. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition The amount of income arising from interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition The amount of increase (decrease) in allowance account for credit losses of loans. No definition available.
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- References No definition available.
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- References No definition available.
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| X | ||||||||||
- Definition The amount of noninterest expense. No definition available.
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- References No definition available.
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| X | ||||||||||
- Definition The amount of noninterest income. No definition available.
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| X | ||||||||||
- Definition The income arising in the course of an entity's ordinary activities, less the provision for credit loss. No definition available.
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| X | ||||||||||
- Definition The amount of depreciation expense, amortisation expense, impairment loss (reversal of impairment loss), and other premeses costs recognised in profit or loss. [Refer: Depreciation and amortisation expense; Impairment loss (reversal of impairment loss) recognised in profit or loss] No definition available.
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