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Consolidated Statements of Income and Comprehensive Income (Unaudited) - CAD ($)
$ in Thousands
3 Months Ended
Jan. 31, 2025
Jan. 31, 2024
Interest income:    
Credit assets $ 66,959 $ 65,076
Other 6,287 4,216
Interest income 73,246 69,292
Interest expense:    
Deposits and other 46,130 41,271
Subordinated notes 1,392 1,453
Interest expense 47,522 42,724
Net interest income 25,724 26,568
Non-interest income 2,103 2,283
Total revenue 27,827 28,851
Provision for (recovery of) credit losses (note 5) 1,024 (127)
Revenue less provision for credit loss 26,803 28,978
Non-interest expenses:    
Salaries and benefits 8,614 6,538
General and administrative 5,489 4,333
Premises and equipment 1,596 1,153
Noninterest expense 15,699 12,024
Income before income taxes 11,104 16,954
Income tax provision (note 10) 2,961 4,255
Net income 8,143 12,699
Other comprehensive income (loss):    
Foreign exchange gain (loss) on translation of foreign operations (172) (58)
Comprehensive income $ 7,971 $ 12,641
Basic and diluted income per common share (note 11) (in CAD per share) $ 0.28 $ 0.48