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
Powered by FlippingBook