Note 17 - Fair Value of Financial Instruments (Tables)

3 Months Ended

Jan. 31, 2026

(thousands of Canadian dollars)
	January 31, 2026										October 31, 2025
	Carrying Value		Fair value Level 1		Fair Value Level 2		Fair Value Level 3		Total Fair Value		Carrying Value		Fair value Level 1		Fair Value Level 2		Fair Value Level 3		Total Fair Value

Assets
Cash
Amortized cost	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-
FVOCI		-		-		-		-		-		-		-		-		-		-
FVTPL		628,002		628,002		-		-		628,002		581,710		581,710		-		-		581,710
Securities
Amortized cost		-		-		-		-		-		-		-		-		-		-
FVOCI		101,276		101,276		-		-		101,276		80,923		80,923		-		-		80,923
FVTPL		-		-		-		-		-		-		-		-		-		-
Credit assets
Amortized cost		5,333,279		-		-		5,328,146		5,328,146		5,066,378		-		-		5,050,931		5,050,931
FVOCI		-		-		-		-		-		-		-		-		-		-
FVTPL		-		-		-		-		-		-		-		-		-		-
Derivative instruments
Amortized cost		-		-		-		-		-		-		-		-		-		-
FVOCI		-		-		-		-		-		-		-		-		-		-
FVTPL		-		-		-		-		-		-		-		-		-		-
Other financial assets
Amortized cost		-		-		-		-		-		-		-		-		-		-
FVOCI		-		-		-		-		-		953		-		-		953		953
FVTPL		-		-		-		-		-		-		-		-		-		-


Liabilities
Deposits
Amortized cost	$	5,248,955	$	-	$	-	$	5,293,045	$	5,293,045	$	4,860,863	$	-	$	-	$	4,918,431	$	4,918,431
FVOCI		-		-		-		-		-		-		-		-		-		-
FVTPL		-		-		-		-		-		-		-		-		-		-
Subordinated notes payable
Amortized cost		100,160		-		96,629		-		96,629		103,516		-		99,878		-		99,878
FVOCI		-		-		-		-		-		-		-		-		-		-
FVTPL		-		-		-		-		-		-		-		-		-		-
Derivative instruments
Amortized cost		-		-		-		-		-		-		-		-		-		-
FVOCI		-		-		-		-		-		-		-		-		-		-
FVTPL		1,248		-		1,248		-		1,248		416		-		416		-		416
Other financial liabilities
Amortized cost		251,508		-		-		251,508		251,508		310,874		-		-		310,874		310,874
FVOCI		-		-		-		-		-		-		-		-		-		-
FVTPL		-		-		-		-		-		-		-		-		-		-

VersaBank 6-K