| Assets |
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| Cash and demand deposits with banks - Non-interest bearing |
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| Demand deposits with banks - Interest bearing |
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| Cash equivalents - Interest bearing |
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Cash and cash equivalents
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| Securities purchased under agreements to resell |
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| Short-term investments |
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| Investment in securities |
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| Trading |
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| Equity securities at fair value |
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| Available-for-sale at fair value (amortized cost: $3,495,564 (2020: $2,588,335)) |
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| Held-to-maturity (fair value: $2,786,112 (2020: $2,304,756)) |
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| Available-for-sale investments |
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| Held-to-maturity |
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Total investment in securities
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| Loans |
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| Allowance for credit losses |
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| Loans, net of allowance for credit losses |
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|
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| Loans |
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| Total amortized cost |
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| Loans |
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|
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|
|
| Allowance for credit losses |
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|
|
|
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|
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| Loans, net of allowance for credit losses |
|
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|
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|
|
|
|
|
|
|
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|
|
Premises, equipment and computer software, net
|
|
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|
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|
|
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| Accrued interest |
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|
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|
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|
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|
Goodwill
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|
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| Intangible assets |
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| Other intangible assets, net |
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Equity method investments
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| Other real estate owned, net |
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| Accrued interest and other assets |
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Total assets
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|
|
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|
|
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|
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|
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| Liabilities |
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|
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| Non-interest bearing |
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| Interest bearing |
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| Bermuda |
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| Non-Bermuda |
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| Deposits |
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| Non-interest bearing |
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| Customers |
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|
|
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|
|
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| Banks |
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|
|
|
|
|
|
|
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| Total non-interest bearing |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Interest bearing |
|
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|
|
|
|
|
|
|
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| Customers |
|
|
|
|
|
|
|
|
|
|
| Banks |
|
|
|
|
|
|
|
|
|
|
| Total interest bearing |
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|
|
|
|
|
|
|
|
|
|
|
|
| Customers |
|
|
|
|
|
|
|
|
|
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| Banks |
|
|
|
|
|
|
|
|
|
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| Total deposits |
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|
|
|
|
|
|
|
|
|
| Securities sold under agreements to repurchase |
|
|
|
|
|
|
|
|
|
|
| Employee benefit plans |
|
|
|
|
|
|
|
|
|
|
| Accrued interest |
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|
|
|
|
|
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|
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| Preference share dividends payable |
|
|
|
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|
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|
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| Pending payable for investments purchased |
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| Accrued interest and other liabilities |
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|
|
|
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|
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| Total other liabilities |
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| Long-term debt |
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|
Total liabilities
|
|
|
|
|
|
|
|
|
|
|
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| Shareholders' equity |
|
|
|
|
|
|
|
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| Preference share capital (USD 0.01 par; USD 1,000 liquidation preference) issued and outstanding: nil (2015: 182,863) |
|
|
|
|
|
|
|
|
|
|
|
Common share capital (BMD 0.01 par; authorized voting ordinary shares 2,000,000,000 and non-voting ordinary shares 6,000,000,000) issued and outstanding: 39,948,264 (2024: 43,537,979)
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|
|
|
|
|
|
|
|
|
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| Additional paid-in capital |
|
|
|
|
|
|
|
|
|
|
|
Retained earnings
|
|
|
|
|
|
|
|
|
|
|
| Less: treasury common shares, at cost: Nil (2024: 619,212) |
|
|
|
|
|
|
|
|
|
|
| Accumulated other comprehensive income (loss) |
|
|
|
|
|
|
|
|
|
|
|
Total shareholders’ equity
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total liabilities and shareholders’ equity
|
|
|
|
|
|
|
|
|
|
|