XML 71 R38.htm IDEA: XBRL DOCUMENT v3.25.3
Note 12 - Subordinated Notes Payable (Tables)
12 Months Ended
Oct. 31, 2025
Statement Line Items [Line Items]  
Disclosure of detailed information about borrowings [text block]

(thousands of Canadian dollars)

        
  

2025

  

2024

 
         

Issued April 2021, unsecured, non-viability contingent capital compliant, subordinated notes payable, principal amount of US $75.0 million, fixed effective interest rate of 5.38%, maturing May 2031. 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.

 $103,516  $102,503 
         
  $103,516  $102,503