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| CAPITAL ADEQUACY | |||||||||||||
| Commercial Bank — Basel III Capital Ratios ($mm) | |||||||||||||
| FY2024 | FY2025 | FY2026 | FY2027 | FY2028 | FY2029 | FY2030 | FY2031 | FY2032 | FY2033 | FY2034 | FY2035 | ||
| CAPITAL COMPONENTS | |||||||||||||
| CET1 Capital | $2,200 | $2,200 | $2,200 | $2,200 | $2,200 | $2,200 | $2,200 | $2,200 | $2,200 | $2,200 | $2,200 | $2,200 | |
| AT1 Capital | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | |
| Tier 1 Capital | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | |
| Tier 2 Capital (ALLL capped) | $219 | $232 | $235 | $248 | $261 | $276 | $291 | $307 | $324 | $342 | $360 | $380 | |
| Total Capital | $2,719 | $2,732 | $2,735 | $2,748 | $2,761 | $2,776 | $2,791 | $2,807 | $2,824 | $2,842 | $2,860 | $2,880 | |
| RISK-WEIGHTED ASSETS | |||||||||||||
| Total Assets | $23,500 | $24,550 | $25,433 | $26,520 | $27,770 | $29,299 | $31,338 | $34,345 | $39,234 | $47,832 | $63,787 | $94,394 | |
| RWA Density | 75.0% | 75.0% | 75.0% | 75.0% | 75.0% | 75.0% | 75.0% | 75.0% | 75.0% | 75.0% | 75.0% | 75.0% | |
| Risk-Weighted Assets | $17,625 | $18,413 | $19,075 | $19,890 | $20,827 | $21,974 | $23,503 | $25,759 | $29,426 | $35,874 | $47,840 | $70,795 | |
| CAPITAL RATIOS | |||||||||||||
| CET1 Ratio | 12.48% | 11.95% | 11.53% | 11.06% | 10.56% | 10.01% | 9.36% | 8.54% | 7.48% | 6.13% | 4.60% | 3.11% | |
| Tier 1 Ratio | 14.18% | 13.58% | 13.11% | 12.57% | 12.00% | 11.38% | 10.64% | 9.71% | 8.50% | 6.97% | 5.23% | 3.53% | |
| Total Capital Ratio | 15.43% | 14.84% | 14.34% | 13.81% | 13.26% | 12.63% | 11.87% | 10.90% | 9.60% | 7.92% | 5.98% | 4.07% | |
| Leverage Ratio (Tier1/Assets) | 10.64% | 10.18% | 9.83% | 9.43% | 9.00% | 8.53% | 7.98% | 7.28% | 6.37% | 5.23% | 3.92% | 2.65% | |
| REGULATORY MINIMUMS | |||||||||||||
| Min CET1 Ratio | 4.50% | 4.50% | 4.50% | 4.50% | 4.50% | 4.50% | 4.50% | 4.50% | 4.50% | 4.50% | 4.50% | 4.50% | |
| Min Tier 1 Ratio | 6.00% | 6.00% | 6.00% | 6.00% | 6.00% | 6.00% | 6.00% | 6.00% | 6.00% | 6.00% | 6.00% | 6.00% | |
| Min Total Capital Ratio | 8.00% | 8.00% | 8.00% | 8.00% | 8.00% | 8.00% | 8.00% | 8.00% | 8.00% | 8.00% | 8.00% | 8.00% | |
| Capital Conservation Buffer | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | |
| CAPITAL SURPLUS / (DEFICIT) | |||||||||||||
| CET1 Surplus / (Deficit) | $1,407 | $1,371 | $1,342 | $1,305 | $1,263 | $1,211 | $1,142 | $1,041 | $876 | $586 | $47 | ($986) | |
| Tier 1 Surplus / (Deficit) | $1,443 | $1,395 | $1,356 | $1,307 | $1,250 | $1,182 | $1,090 | $954 | $734 | $348 | ($370) | ($1,748) | |
| Total Capital Surplus / (Deficit) | $1,309 | $1,259 | $1,209 | $1,157 | $1,095 | $1,018 | $911 | $746 | $470 | ($28) | ($967) | ($2,783) | |
| Note: Tier 2 capital = min(ALLL, 1.25% of RWA). RWA density from Assumptions. | |||||||||||||