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2008 Annual Report

Financial highlights

  • Net after-tax surplus of $$1.3 million (2007, $1.4 million)
  • Total revenue of $54.5 million (2007, $51 million)
  • Commercial revenue $18.4 million (2007, $16.8 million)
  • Shareholders’ equity $19.6 million (2007, $18.6 million)
  • Return on equity 7.1 percent (2007, 7.8 percent)
  • Revenue per FTE $164,000 (2007, $166,000)
  • Total staff 350, (2007, 315)

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