Note 7 - Property and Equipment

12 Months Ended

Oct. 31, 2025

Statement Line Items [Line Items]

Disclosure of property, plant and equipment [text block]

7. Property and equipment:

(thousands of Canadian dollars)
	2025			2024
Cost	$	36,636		$	36,721
Accumulated amortization		(12,700	)		(12,836	)
	$	23,936		$	23,885

None of the Bank’s property and equipment is subject to title restrictions, nor is any pledged as security for any of the Bank’s liabilities. Total amortization expense recorded for property and equipment for the year ended October 31, 2025, totaled $1.6 million (2024 - $1.5 million).