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2009 Annual Report

Financial Highlights

  • Net after-tax surplus of $1.54 million (2008, $1.3M)
  • Total revenue of $60.7 million (2008, $54.5M)
  • Commercial revenue of $21.9 million (2008, $18.4M)
  • Shareholders' equity of $20.4 million (2008, $19.6M)
  • Return on equity of 7.7% (2008, 7.1%)
  • Revenue per FTE of $171,000 (2008, $164,000)
  • Total staff 370, (2008, 350)

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