Prudential Reporting June 2011

Disclosure of Prudential Information for the quarter ended 30 June 2011

CAPITAL STRUCTURE AS AT 30 JUNE 2011

Capital ($)
Tier 1 capital
Retained earnings, including current year earnings 263,439,962
Deductions from Tier 1 capital (20,708,126)
Total Tier 1 capital 242,731,836
Tier 2 capital (net of deductions) 97,038,458
Total capital base 339,770,294

CAPITAL ADEQUACY AS AT 30 JUNE 2011

Risk Weighted Assets ($)
Credit risk - standardised approach
Corporate -
Government -
ADIs 187,536,176
Residential Mortgage 1,473,174,442
Other Retail 258,629,381
Other 95,793,549
Off Balance Sheet 35,880,949
Total capital requirement for credit risk 2,050,834,497
Capital requirement relating to securitisation exposures 30,456,859
Capital requirement for operational risk 322,376,052
Total risk weighted assets capital requirement 2,403,667,408
Tier 1 Capital Ratio 10.10%
Total Capital Ratio 14.14%

CREDIT RISK AS AT 30 JUNE 2011

Gross Credit Exposure
($)
Average Gross Credit
Exposure for Quarter
($)
Exposure Type
Cash and investment securities 1,192,677,902 1,149,916,514
Loans and advances 4,421,451,036 4,389,185,217
Other assets 249,463,231 231,367,976
Total on balance sheet exposures 5,863,592,169 5,770,469,707
Loans approved not yet advanced 81,582,975 79,698,003
Other off balance sheet 4,767,948 4,865,695
Total off balance sheet exposures 86,350,923 84,563,698
Total exposures 5,949,943,092 5,855,033,405
Exposure by Category
Corporate - -
Government 351,118,545 345,603,112
ADIs 841,559,357 804,313,402
Residential Mortgage 4,241,022,070 4,207,425,269
Other Retail 262,011,941 261,457,951
Other 254,231,179 236,233,671
5,949,943,092 5,855,033,405

CREDIT RISK FOR THE QUARTER ENDED 30 JUNE 2011

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 2,658,847 5,468,123 402,672 143,777 220
Other Retail 2,941,805 1,956,032 1,136,736 25,720 697,907
Other - - - - -
Total 5,600,652 7,424,155 1,539,408 169,497 698,127
General Reserve for Credit Losses 2,475,765

* 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.