CWBFG Annual Report 2023

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, 2023

Performing

Impaired

Stage 1

Stage 2

Stage 3

Total

Loans – Personal Low risk

$

3,936,718 2,481,695

$

227,367 205,827 245,456

$

- - -

$

4,164,085 2,687,522

Medium risk

Watchlist or high risk

- -

245,456

Impaired

-

20,766

20,766

Total

6,418,413

678,650

20,766

7,117,829

Allowance for credit losses

(1,463)

(2,103)

(42)

(3,608)

Total, net of allowance for credit losses

6,416,950

676,547

20,724

7,114,221

Loans – Business Investment grade or low risk

9,654,222

674,160

- - -

10,328,382 18,225,928

Non-investment grade or medium risk

16,094,997

2,130,931 1,292,501

Watchlist or high risk

- -

1,292,501

Impaired

-

245,210

245,210

Total

25,749,219

4,097,592

245,210

30,092,021

Allowance for credit losses

(64,502)

(61,296)

(43,157)

(168,955)

Total, net of allowance for credit losses

25,684,717

4,036,296

202,053

29,923,066

Total loans

32,167,632

4,776,242

265,976

37,209,850

Allowance for credit losses

(65,965)

(63,399)

(43,199)

(172,563)

Total Loans, Net of Allowance for Credit Losses

$

32,101,667

$

4,712,843

$

222,777

$

37,037,287

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

$

4,595,928 6,816,600

$

206,234 518,697 189,729

$

- - -

$

4,802,162 7,335,297

Non-investment grade or medium risk

Watchlist or high risk

-

189,729

Total

11,412,528

914,660

-

12,327,188

Allowance for credit losses

(1,899)

(850)

-

(2,749)

Total, Net of Allowance for Credit Losses

$

11,410,629

$

913,810

$

-

$

12,324,439

76 | CWB Financial Group 2023 Annual Report

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