Table 22 - Regulatory Capital ($ thousands)
2021
2020
Common Equity Tier 1 Capital Instruments and Reserves Directly issued qualifying common share capital plus related share-based payment reserve
$
835,451
$
756,595
Retained earnings
2,120,795
1,907,739
Accumulated other comprehensive income and other reserves (1)
(31,049)
6,198
Common equity Tier 1 capital before regulatory adjustments Regulatory adjustments to Common equity Tier 1 (2)
2,925,197
2,670,532 (298,779)
(323,759)
Common equity Tier 1 capital
2,601,438
2,371,753
Additional Tier 1 Capital Instruments Directly issued capital instruments qualifying as Additional Tier 1 instruments Additional Tier 1 instruments issued by subsidiaries and held by third parties
575,000
565,000
-
92
Additional Tier 1 capital
575,000
565,092
Tier 1 capital
3,176,438
2,936,845
Tier 2 Capital Instruments and Allowances Directly issued capital instruments
373,222 100,706
372,643 109,487
General allowance for credit losses (3)
Tier 2 instruments issued by subsidiaries and held by third parties
-
22
Tier 2 capital before regulatory adjustments
473,928
482,152
Total capital
$
3,650,366
$
3,418,997
(1) Excludes AOCI related to derivatives designated as cash flow hedges. (2) CET1 deductions include goodwill and intangible assets and transitional arrangements related to the capital treatment of the performing loan allowance, net of related tax. (3) Excludes the portion of the performing loan allowance that is included in CET1 capital under transitional arrangements.
Table 23 - Risk-Weighted Assets ($ thousands)
Cash, Securities and Resale Agreements
Risk- Weighted Assets
Other Items
Loans
Total
Corporate Sovereign
$
-
$
21,220,028
$
- - - - - - -
$
21,220,028
$ 21,113,564
3,344,553
16,599
3,361,152
3,320
Bank
141,700 239,414
723
142,423
23,053
Retail residential mortgages
6,574,643
6,814,057
1,799,025
Other retail Excluding small business entities
- - - - - -
151,482
151,482
105,032
Small business entities Undrawn commitments
4,957,133
4,957,133
3,744,245
432,182
432,182 133,067
432,698
Operational risk
- -
133,067
1,663,335
Derivative exposures
18,782
18,782
8,538
Other
220,757
778,644
999,401
607,681
As at October 31, 2021
$
3,725,667
$
33,573,547
$
930,493
$
38,229,707
$ 29,500,491
As at October 31, 2020
$
3,091,951
$
29,380,228
$
888,638
$
33,360,817
$ 27,043,682
Table 24 - Risk-Weighting Category ($ thousands)
150% and greater
0%
20%
35%
50%
75%
100%
Balance
Weighted
Corporate
$
149,817 $
7,225 $
- $
- $
- $ 20,964,715 $
98,271 $ 21,220,028 $ 21,113,564
Sovereign
3,344,553
16,599
- -
- - -
- -
-
- -
3,361,152
3,320
Bank
30,048
111,652
723
142,423
23,053
Retail residential mortgages
1,737,398
-
5,030,099
34,846
10,430
1,284
6,814,057
1,799,025
Other retail
Excluding small business entities
10,880 29,975
796
- - - - - -
- - - - - -
139,780
3
23
151,482
105,032
Small business entities
1,189
4,823,034
55,344
47,591
4,957,133
3,744,245
Undrawn commitments
- - -
- -
431,151
1,031
432,182 133,067
432,698
Operational risk
-
- -
133,067
1,663,335
Derivative exposures
18,385 19,267
9
388
18,782
8,538
Other
439,776
54,753
433,997
51,608
999,401
607,681
As at October 31, 2021
$ 5,742,447 $
175,113 $ 5,030,099 $
- $ 5,052,422 $ 21,896,363 $ 333,263 $ 38,229,707 $ 29,500,491
As at October 31, 2020
$
4,221,273 $
738,318 $ 4,817,528 $
11,088 $ 3,309,424 $ 19,737,944 $
525,242 $ 33,360,817 $ 27,043,682
40 | CWB Financial Group 2021 Annual Report
Powered by FlippingBook