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Note 20 - Interest Rate Risk and Liquidity Risk
 12 Months Ended
Oct. 31, 2025
Statement Line Items [Line Items]  
Disclosure of how entity manages liquidity risk [text block]

20.

Interest rate risk and liquidity risk:

 

The Bank is exposed to interest rate risk as a consequence of any mismatch, or gap, between assets and liabilities scheduled to mature or reset on particular dates. The gaps which existed at October 31, 2025 are set out below:

 

(thousands of Canadian dollars)

                                
  

Floating

  

Within

  

3 months to

  

1 year to

  

2 years to

  

Over

  

Non-interest

     
  

rate

  

3 months

  

1 year

  

2 years

  

5 years

  

5 years

  

rate sensitive

  

Total

 
                                 

Assets

                                

Cash

 $581,710  $-  $-  $-  $-  $-  $-  $581,710 

Effective rate

  2.92%                            
                                 

Securities

  -   69,778   6,771   -   -   4,374   -   80,923 

Effective rate

      3.86%  3.77%          5.38%        
                                 

Credit assets

  819,260   86,239   336,196   417,528   2,797,605   593,411   16,139   5,066,378 

Effective rate

  6.42%  5.86%  5.29%  5.74%  5.85%  6.38%        
                                 

Other

  -   -   -   -   -   -   79,464   79,464 

Effective rate

                                
                                 

Total Assets

 $1,400,970  $156,017  $342,967  $417,528  $2,797,605  $597,785  $95,603  $5,808,475 
                                 

Liabilities

                                

Deposits

 $851,362  $633,824  $1,733,111  $785,369  $787,895  $-  $69,302  $4,860,863 

Effective rate

  1.39%  3.70%  3.61%  3.88%  4.15%           
                                 

Subordinated notes*

  -   -   -   -   -   103,516   -   103,516 

Effective rate

                      5.38%        
                                 

Other

  295,662   -   -   -   -   -   15,761   311,423 

Effective rate

  2.06%                            
                                 

Equity

  -   -   -   -   -   -   532,673   532,673 

Effective rate

                                
                                 

Total liabilities and equity

 $1,147,024  $633,824  $1,733,111  $785,369  $787,895  $103,516  $617,736  $5,808,475 
                                 

Derivative instruments

 $20,197  $-  $-  $-  $-  $(20,197) $-  $- 
                                 

October 31, 2025 gap

 $274,143  $(477,807) $(1,390,144) $(367,841) $2,009,710  $474,072  $(522,133) $- 

Cumulative

 $274,143  $(203,664) $(1,593,809) $(1,961,649) $48,061  $522,133  $-  $- 
                                 

October 31, 2024 gap

 $56,823  $(56,584) $(1,395,117) $(180,491) $1,605,221  $364,838  $(394,690) $- 

Cumulative

 $56,823  $239  $(1,394,878) $(1,575,369) $29,852  $394,690  $-  $- 

*   The fixed rate applies only until May 1, 2026, at which point the obligation switches to floating rate and the notes are redeemable by the Bank, subject to regulatory approval.