XML 30 R17.htm IDEA: XBRL DOCUMENT v3.22.0.1
Deposits
 3 Months Ended
Jan. 31, 2022
Text block [abstract]  
Deposits
Note 7.    Deposits
(1)(2)
 
$ millions, as at
  
  
 
  
  
 
  
  
 
 
2022
Jan. 31
 
  
2021
Oct. 31
 
 
  
 
Payable on
demand
 
 (3)
 
  
 
Payable
after notice
 
 (4)
 
  
 
Payable on a
fixed date
 
 (5)(6)
 
 
 
Total
 
  
 
Total
 
Personal
   
$
    17,192
 
   
$
    149,446
 
   
$
    53,444
 
  
$
    220,082
 
    $ 213,932  
Business and government
(7)(8)
   
 
102,724
 
   
 
87,427
 
   
 
172,211
 
  
 
362,362
 
      344,388  
Bank
   
 
11,316
 
   
 
581
 
   
 
7,897
 
  
 
19,794
 
      20,246  
Secured borrowings
(9)
   
 
–
 
   
 
–
 
   
 
47,470
 
  
 
47,470
 
      42,592  
 
   
$
131,232
 
   
$
237,454
 
   
$
281,022
 
  
$
649,708
 
    $ 621,158  
Compris
e
s
:
                                            
Held at amortized cost
                             
$
629,449
 
    $ 602,628  
Designated at fair value
   
 
 
 
   
 
 
 
   
 
 
 
  
 
20,259
 
      18,530  
 
   
 
 
 
   
 
 
 
   
 
 
 
  
$
649,708
 
    $ 621,158  
Total deposits include
(10)
:
                                            
Non-interest-bearing
deposits
                                            
Canada
                             
$
96,366
 
    $ 93,850  
U.S.
                             
 
16,183
 
      16,522  
Other international
                             
 
5,700
 
      5,601  
Interest-bearing deposits
                                            
Canada
                             
 
421,644
 
      406,642  
U.S.
                             
 
77,453
 
      70,312  
Other international
   
 
 
 
   
 
 
 
   
 
 
 
  
 
32,362
 
      28,231  
 
   
 
 
 
   
 
 
 
   
 
 
 
  
$
649,708
 
    $     621,158  
(1)
Includes deposits of $226.6 billion (October 31, 2021: $215.4 billion) denominated in U.S. dollars and deposits of $46.6 billion (October 31, 2021: $37.1 billion) denominated in other foreign currencies.
(2)
Net of purchased notes of $2.0 billion (October 31, 2021: $2.2 billion).
(3)
Includes all deposits for which we do not have the right to require notice of withdrawal. These deposits are generally chequing accounts.
(4)
Includes all deposits for which we can legally require notice of withdrawal. These deposits are generally savings accounts.
(5)
Includes all deposits that mature on a specified date. These deposits are generally term deposits, guaranteed investment certificates, and similar instruments.
(6)
Includes $38.2 billion (October 31, 2021: $32.6 billion) of deposits which are subject to the bank recapitalization
(bail-in)
conversion regulations issued by the Department of Finance Canada. These regulations provide certain statutory powers to the Canada Deposit Insurance Corporation (CDIC), including the ability to convert specified eligible shares and liabilities of CIBC into common shares in the event that CIBC is determined to be
non-viable.
(7)
Includes 
nil
 (October 31, 2021: $300 million) of Notes issued to CIBC Capital Trust. These Notes were redeemed on November 1, 2021.
(8)
Includes $9.1 billion (October 31, 2021: $8.8 billion) of structured note liabilities that were sold upon issuance to third-party financial intermediaries, who may resell the notes to retail investors in foreign jurisdictions.
(9)
Comprises liabilities issued by, or as a result of, activities associated with the securitization of residential mortgages, Covered Bond Programme, and consolidated securitization vehicles.
(10)
Classification is based on geographical location of the CIBC office.