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Consolidated Statements of Income and Comprehensive Income (Unaudited) - CAD ($)
$ in Thousands
3 Months Ended
Jan. 31, 2024
Jan. 31, 2023
Interest income:    
Loans $ 65,076 $ 46,855
Other 4,216 2,706
Interest income 69,292 49,561
Interest expense:    
Deposits and other 41,271 23,841
Subordinated notes 1,453 1,446
Interest expense 42,724 25,287
Net interest income 26,568 24,274
Non-interest income 2,283 1,644
Total revenue 28,851 25,918
Provision for (recovery of) credit losses (note 5) (127) 385
Revenue less provision for credit loss 28,978 25,533
Non-interest expenses:    
Salaries and benefits 6,538 8,257
General and administrative 4,333 3,126
Premises and equipment 1,153 952
Noninterest expense 12,024 12,335
Income before income taxes 16,954 13,198
Income tax provision (note 10) 4,255 3,781
Net income 12,699 9,417
Other comprehensive income (loss):    
Foreign exchange gain (loss) on translation of foreign operations (58) (27)
Comprehensive income $ 12,641 $ 9,390
Basic and diluted income per common share (note 11) (in CAD per share) $ 0.48 $ 0.34