Reports

Current Annual Report

	Capital ($)
Tier 1 capital
Retained earnings, including current year earnings	276,593,435
Deductions from Tier 1 capital	(16,796,448)
Total Tier 1 capital	259,796,987

Tier 2 capital (net of deductions)	62,144,308

Total capital base	321,941,295

	Risk Weighted Assets ($)
Credit risk - standardised approach
Corporate	-
Government	-
ADIs	214,288,455
Residential Mortgage	1,539,166,176
Other Retail	252,766,403
Other	69,215,818
Off Balance Sheet	38,534,586
Total capital requirement for credit risk	2,113,971,438
Capital requirement relating to securitisation exposures	20,119,660
Capital requirement for operational risk	344,506,421
Total risk weighted assets capital requirement	2,478,597,519
Tier 1 Capital Ratio	10.48%
Total Capital Ratio	12.99%

	Gross Credit Exposure ($)	Average Gross Credit Exposure for Quarter ($)
Exposure Type
Cash and investment securities	1,357,089,093	1,364,555,400
Loans and advances	4,593,630,615	4,543,122,375
Other assets	175,231,227	181,176,103
Total on balance sheet exposures	6,125,950,935	6,088,853,878

Loans approved not yet advanced	80,618,880	77,297,305
Other off balance sheet	5,291,170	5,110,019
Total off balance sheet exposures	85,910,050	82,407,324

Total exposures	6,211,860,985	6,171,261,202

Exposure by Category
Corporate	-	-
Government	469,104,129	428,068,150
ADIs	887,984,964	936,487,250
Residential Mortgage	4,418,229,271	4,366,672,667
Other Retail	256,020,224	253,747,013
Other	180,522,397	186,286,122
	6,211,860,985	6,171,261,202

	Impaired loans ($)	Past due loans ($)	Specific provision balance ($)	Charges for specific provision for quarter ($)	Write-offs for quarter ($)
Exposure by category
Corporate	-	-	-	-	-
Government	-	-	-	-	-
ADIs	-	-	-	-	-
Residential Mortgage	2,543,523	8,017,801	457,162	49,415	80
Other Retail	3,326,135	2,226,975	1,412,255	118,681	358,288
Other	-	-	-	-	-
Total	5,869,658	10,244,776	1,869,417	168,096	358,368

General Reserve for Credit Losses				2,565,806