Prudential Reporting June 2010

Disclosure of Prudential Information for the quarter ended 30 June 2010

CAPITAL STRUCTURE AS AT 30 JUNE 2010

Capital ($)
Tier 1 capital
Retained earnings, including current year earnings 230,859,523
Deductions from Tier 1 capital (18,752,235)
Total Tier 1 capital 212,107,288
Tier 2 capital (net of deductions) 97,752,787
Total capital base 309,860,075

CAPITAL ADEQUACY AS AT 30 JUNE 2010

Risk Weighted Assets ($)
Credit risk - standardised approach
Corporate 11,697,127
Government -
ADIs 176,196,621
Residential Mortgage 1,372,863,295
Other Retail 261,044,793
Other 73,813,284
Off Balance Sheet 33,553,489
Total capital requirement for credit risk 1,929,168,609
Capital requirement relating to securitisation exposures 16,574,623
Capital requirement for operational risk 290,790,808
Total risk weighted assets capital requirement 2,236,534,040
Tier 1 Capital Ratio 9.48%
Total Capital Ratio 13.85%

CREDIT RISK AS AT 30 JUNE 2010

Gross Credit Exposure
($)
Average Gross Credit
Exposure for Quarter
($)
Exposure Type
Cash and investment securities 1,066,624,526 1,058,450,560
Loans and advances 4,140,874,530 4,107,687,475
Other assets 150,817,522 144,654,669
Total on balance sheet exposures 5,358,316,578 5,310,792,704
Loans approved not yet advanced 79,255,555 78,067,556
Other off balance sheet 4,161,713 4,422,672
Total off balance sheet exposures 83,417,268 82,490,288
Total exposures 5,441,733,846 5,393,282,932
Exposure by Category
Corporate 58,485,634 46,547,051
Government 129,576,230 117,018,242
ADIs 878,562,662 834,885,267
Residential Mortgage 3,957,217,960 3,925,386,515
Other Retail 262,912,125 260,368,516
Other 154,979,235 149,077,341
5,441,733,846 5,393,282,932

CREDIT RISK FOR THE QUARTER ENDED 30 JUNE 2010

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 2,434,818 2,353,984 370,271 370,271 -
Other Retail 1,590,958 1,080,816 634,864 (178,818) 649,872
Other - - - - -
Total 4,025,776 3,434,800 1,005,135 191,453 649,872
General Reserve for Credit Losses 3,537,102

* Based on a $150,000 loan over 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.