CWBFG Annual Report 2022

Carrying Value of Exposures by Risk Rating Gross carrying amounts of loans and the contractual amounts of committed but undrawn credit exposures and letters of credit, categorized based on internal risk ratings, are as follows:

As at October 31, 2022

Performing

Impaired

Stage 1

Stage 2

Stage 3

Total

Loans – Personal Low risk

$

4,100,671 2,154,159

$

67,113

$

- - -

$

4,167,784 2,546,462

Medium risk

392,303 225,098

Watchlist or high risk

- -

225,098

Impaired

-

12,482

12,482

Total

6,254,830

684,514

12,482

6,951,826

Allowance for credit losses

(1,043)

(2,749)

(140)

(3,932)

Total, net of allowance for credit losses

6,253,787

681,765

12,342

6,947,894

Loans – Business Investment grade or low risk

2,976,113

525,305

- - -

3,501,418

Non-investment grade or medium risk

19,218,875

5,409,412

24,628,287

Watchlist or high risk

- -

669,900

669,900 154,191

Impaired

-

154,191

Total

22,194,988

6,604,617

154,191

28,953,796

Allowance for credit losses

(48,736)

(62,599)

(46,551)

(157,886)

Total, net of allowance for credit losses

22,146,252

6,542,018

107,640

28,795,910

Total loans

28,449,818

7,289,131

166,673

35,905,622

Allowance for credit losses

(49,779)

(65,348)

(46,691)

(161,818)

Total Loans, Net of Allowance for Credit Losses

$

28,400,039

$

7,223,783

$

119,982

$

35,743,804

Committed but Undrawn Credit Exposures and Letters of Credit Investment grade or low risk

$

2,065,808 3,009,255

$

97,635

$

- - -

$

2,163,443 5,456,738

Non-investment grade or medium risk

2,447,483

Watchlist or high risk

-

27,284

27,284

Total

5,075,063

2,572,402

-

7,647,465

Allowance for credit losses

(1,507)

(3,803)

-

(5,310)

Total, Net of Allowance for Credit Losses

$

5,073,556

$

2,568,599

$

-

$

7,642,155

CWB Financial Group 2022 Annual Report | 79

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