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SMSB Segmentation Category
The Bank is currently categorized as Category II SMSB in accordance with OSFI’s Small and Medium-Sized Deposit-Taking Institutions (SMSBs) Capital and Liquidity Requirements, section “Segmentation of SMSBs”.
Financial Data
The following link to OSFI’s website may be referred for any additional information pertaining to the financial data for the Bank:
Frequency of Reporting
OSFI expects SMSBs to adhere to its Guidelines for frequency and format of pillar III reporting. Accordingly, the Bank’s relevant quantitative disclosure are provided quarterly and the general qualitative information of credit risk and operational risk are included as a part of the annual pillar 3 disclosures.
Basel – Pillar 3 Disclosures for 2024
Pillar 3 Disclosures for the year ending December 31, 2024
Capital Related Disclosures under Basel III for Q4, 2024
Leverage Ratio Disclosures under Basel III for Q4, 2024
Key metrics for Q4, 2024
Reduced basic approach for CVA Risk (BA-CVA) for Q4, 2024
| Capital adequacy as at December 31, 2024 | |
|---|---|
| CAD in thousands, except ratios | |
| Tier – 1 capital |
510,908 |
| Tier – 2 capital |
14,488 |
| Total capital funds of the Bank | 525,396 |
| Tier-1 capital adequacy ratio |
19.19% |
| Total capital adequacy ratio |
19.73%
|
Capital Related Disclosures under Basel III for Q3, 2024
Leverage Ratio Disclosures under Basel III for Q3, 2024
Key metrics for Q3, 2024
| Capital adequacy as at September 30, 2024 | |
|---|---|
| CAD in thousands, except ratios | |
| Tier – 1 capital |
493,432 |
| Tier – 2 capital |
15,018 |
| Total capital funds of the Bank | 508,450 |
| Tier-1 capital adequacy ratio |
19.02% |
| Total capital adequacy ratio |
19.60%
|
Capital Related Disclosures under Basel III for Q2, 2024
Leverage Ratio Disclosures under Basel III for Q2, 2024
Key metrics for Q2, 2024
| Capital adequacy as at June 30, 2024 | |
|---|---|
| CAD in thousands, except ratios | |
| Tier – 1 capital |
469,503 |
| Tier – 2 capital |
15,411 |
| Total capital funds of the Bank | 484,914 |
| Tier-1 capital adequacy ratio |
18.26% |
| Total capital adequacy ratio |
18.86%
|
Capital Related Disclosures under Basel III for Q1, 2024
Leverage Ratio Disclosures under Basel III for Q1, 2024
Key metrics for Q1, 2024
| Capital adequacy as at March 31, 2024 | |
|---|---|
| CAD in thousands, except ratios | |
| Tier – 1 capital |
447,716 |
| Tier – 2 capital |
15,971 |
| Total capital funds of the Bank | 463,687 |
| Tier-1 capital adequacy ratio |
17.22% |
| Total capital adequacy ratio |
17.84%
|
Basel – Pillar 3 Disclosures for 2023
Pillar 3 Disclosures for the year ending December 31, 2023
Capital Related Disclosures under Basel III for Q4, 2023
Leverage Ratio Disclosures under Basel III for Q4, 2023
Key metrics for Q4, 2023
| Capital adequacy as at December 31, 2023 | |
|---|---|
| CAD in thousands, except ratios | |
| Tier – 1 capital |
463,221 |
| Tier – 2 capital |
18,557 |
| Total capital funds of the Bank | 481,778 |
| Tier-1 capital adequacy ratio |
17.82% |
| Total capital adequacy ratio |
18.53%
|
Capital Related Disclosures under Basel III for Q3, 2023
Leverage Ratio Disclosures under Basel III for Q3, 2023
| Capital adequacy as at September 30, 2023 | |
|---|---|
| CAD in thousands, except ratios | |
| Tier – 1 capital |
422,491 |
| Tier – 2 capital |
15,761 |
| Total capital funds of the Bank | 458,252 |
| Tier-1 capital adequacy ratio |
17.82% |
| Total capital adequacy ratio |
18.46% |
Capital Related Disclosures under Basel III for Q2, 2023
Leverage Ratio Disclosures under Basel III for Q2, 2023
| Capital adequacy as at June 30, 2023 | |
|---|---|
| CAD in thousands, except ratios | |
| Tier – 1 capital |
421,398 |
| Tier – 2 capital |
17,269 |
| Total capital funds of the Bank | 438,667 |
| Tier-1 capital adequacy ratio |
17.65% |
| Total capital adequacy ratio |
18.37% |
Capital Related Disclosures under Basel III for Q1, 2023
Leverage Ratio Disclosures under Basel III for Q1, 2023
| Capital adequacy as at March 31, 2023 | |
|---|---|
CAD in thousands, except ratios
|
|
| Tier – 1 capital | 406,688 |
| Tier – 2 capital | 18,326 |
| Total capital funds of the Bank | 425,014 |
| Tier-1 capital adequacy ratio | 16.51% |
| Total capital adequacy ratio | 17.26% |
