Supplementary Financial Information. For the year ended December 31, 2014

Supplementary Financial Information For the year ended December 31, 2014

Table of Contents Page Page 3 Notes to Users Credit Quality 19 Gross amount of impaired loans by product 4 Financial Highlights 19 Net amount of impaired loans by product 20 Change in allowance Consolidated Results 21 Provision for credit losses and net write-offs as a percentage of gross loans on an annualized basis 5 Consolidated statements of income 22 Past due loans that are not impaired 6 Reconciliation of net income to adjusted net income 7 Net interest margin 8 Net interest income Credit Risk 23 Credit risk: mortgage portfolio on balance sheet Financial Position 24 Single-family residential loans by province 9 Average balance sheets for selected items 25 Insured and uninsured single-family residential mortgages by effective remaining amortization period 10 Consolidated balance sheets 25 Insured and uninsured single-family residential mortgages by contractual remaining amortization period 11 Gross loans by geographic region and type 26 Weighted-average loan to value ratios for uninsured single-family residential mortgages originated during the quarter 12 Gross loans by geographic region 27 Weighted-average loan to value ratios for uninsured residential mortgages 13 Allowance for credit losses by product 14 Mortgage advances Capital 15 Credit card and other consumer retail loan production 28 Basel III regulatory capital (all in basis) 16 Securitization income 29 Basel III regulatory capital (transitional basis) 16 Securitization sales and activities 17 Deposits, senior debt and securitzation liabilities 30 Non-GAAP Measures 18 Other assets 31 Glossary of Terms 18 Other liabilities 32 Acronyms

Notes to Users Use of the document The supplemental financial information contained in this package has been provided to improve readers' understanding of the financial position and performance of Home Capital Group Inc. (the Company). This information should be used in conjunction with the Company's 2014 Annual Report. Accounting framework The financial information in this document is in Canadian dollars and is based on the audited consolidated financial statements for the year ended December 31, 2014, presented in compliance with International Financial Reporting Standards (IFRS or GAAP) unless otherwise noted. Comparative consolidated financial statements Certain comparative audited consolidated financial statement amounts have been reclassified from statements previously presented to conform to the presentation of the 2014 audited consolidated financial statements. In addition, the consolidated financial statements reflect the impact of the stock dividend declared during the first quarter of 2014 on the Company's issued and outstanding common shares. Accordingly, both basic and diluted earnings per share were restated to half and the number of shares was restated to double the amounts previously disclosed for all periods presented for comparative presentation purposes. Capital management The Company's subsidiary, Home Trust Company, is subject to the regulatory capital requirements stipulated by the Office of the Superintendent of Financial Institutions Canada (OSFI). These requirements are consistent with international standards (Basel II and Basel III) set by the Bank for International Settlements. Home Trust Company follows the Basel II Standardized Approach for calculating credit risk and the Basic Indicator Approach for operational risk.

Financial Highlights (Unaudited) 2014 2014 2014 2014 2013 2013 2013 2013 2014 2013 (000s, except per share and Percentage Amounts) OPERATING RESULTS Net Income $ 95,936 $ 73,755 $ 73,745 $ 69,736 $ 68,827 $ 66,417 $ 61,573 $ 59,725 $ 313,172 $ 256,542 Adjusted Net Income 1 73,195 71,435 73,616 70,138 68,207 64,613 61,897 63,016 288,384 257,733 Net Interest Income 116,416 117,583 115,143 110,387 110,967 106,594 102,532 101,886 459,529 421,979 Total Adjusted Revenue 1 253,656 255,190 256,573 249,147 247,522 240,700 235,696 233,619 1,014,566 957,537 Diluted Earnings per Share 1,2 $ 1.36 $ 1.05 $ 1.05 $ 1.00 $ 0.98 $ 0.95 $ 0.88 $ 0.86 $ 4.45 $ 3.66 Adjusted Diluted Earnings per Share 1,2 $ 1.04 $ 1.01 $ 1.04 $ 1.00 $ 0.98 $ 0.93 $ 0.89 $ 0.90 $ 4.09 $ 3.68 Return on Shareholders Equity 27.2% 22.0% 23.1% 23.1% 23.9% 24.3% 23.6% 24.0% 23.8% 23.9% Adjusted Return on Shareholder's Equity 1 20.8% 21.3% 23.1% 23.2% 23.7% 23.6% 23.7% 25.3% 22.0% 24.0% Return on Average Assets 1.9% 1.4% 1.4% 1.4% 1.4% 1.3% 1.3% 1.3% 1.6% 1.3% Net Interest Margin (TEB) 3 2.27% 2.29% 2.26% 2.19% 2.22% 2.16% 2.14% 2.17% 2.25% 2.17% Provision as a Percentage of Gross Uninsured Loans (annualized) 0.09% 0.11% 0.10% 0.11% 0.14% 0.10% 0.17% 0.18% 0.10% 0.14% Provision as a Percentage of Gross Loans (annualized) 0.07% 0.08% 0.07% 0.07% 0.09% 0.06% 0.10% 0.11% 0.07% 0.09% Efficiency Ratio (TEB) 3 22.9% 29.9% 28.3% 28.5% 28.3% 29.6% 28.6% 28.3% 27.2% 28.7% Adjusted Efficiency Ratio (TEB) 1,3 27.9% 29.8% 28.1% 28.3% 28.1% 29.3% 27.8% 27.7% 28.5% 28.2% BALANCE SHEET HIGHLIGHTS Total Assets $ 20,082,744 $ 20,561,608 $ 20,503,526 $ 20,284,570 $ 20,075,850 $ 19,840,797 $ 19,532,958 $ 19,358,563 $ 20,082,744 $ 20,075,850 Total Assets Under Administration 4 24,281,366 24,226,114 23,716,585 22,871,407 21,997,781 21,287,095 20,577,505 20,377,074 24,281,366 21,997,781 Total Loans 5 18,364,910 18,488,902 18,022,175 17,888,306 18,019,901 18,084,382 17,794,420 17,429,982 18,364,910 18,019,901 Total Loans Under Administration 4,5 22,563,532 22,153,408 21,235,234 20,475,143 19,941,832 19,530,680 18,838,967 18,448,493 22,563,532 19,941,832 Liquid Assets 1,058,297 1,298,938 1,766,314 1,606,155 1,497,680 1,104,072 893,167 832,263 1,058,297 1,497,680 Deposits 13,939,971 14,022,132 13,747,625 13,084,937 12,765,954 11,936,647 11,168,639 10,642,280 13,939,971 12,765,954 Shareholders Equity 1,448,633 1,371,985 1,313,159 1,238,015 1,177,697 1,121,362 1,068,017 1,021,813 1,448,633 1,177,697 FINANCIAL STRENGTH Capital Measures 6 Risk-Weighted Assets $ 7,186,132 $ 7,115,046 $ 6,874,353 $ 6,635,105 $ 6,495,767 $ 6,240,690 $ 5,984,644 $ 5,738,257 $ 7,186,132 $ 6,495,767 Common Equity Tier 1 Capital Ratio 18.30% 17.58% 17.45% 17.22% 16.80% 16.72% 16.63% 16.57% 18.30% 16.80% Tier 1 Capital Ratio 18.30% 17.58% 17.45% 17.22% 16.80% 16.72% 16.63% 16.57% 18.30% 16.80% Total Capital Ratio 20.94% 20.24% 20.20% 20.06% 19.69% 19.72% 19.74% 19.82% 20.94% 19.69% Assets to Regulatory Capital Multiple 7 12.47 12.88 13.04 13.02 13.19 13.34 13.36 13.45 12.47 13.19 Credit Quality Net Non-Performing Loans as a Percentage of Gross Loans 0.30% 0.27% 0.32% 0.33% 0.35% 0.32% 0.31% 0.32% 0.30% 0.35% Allowance as a Percentage of Gross Non-Performing Loans 64.4% 69.9% 60.4% 57.7% 52.4% 57.0% 58.3% 59.9% 64.4% 52.4% Share Information Book Value per Common Share 2 $ 20.67 $ 19.57 $ 18.74 $ 17.82 $ 16.95 $ 16.14 $ 15.41 $ 14.77 $ 20.67 $ 16.95 Common Share Price Close 2 $ 47.99 $ 50.39 $ 47.83 $ 44.65 $ 40.47 $ 36.02 $ 27.77 $ 29.37 $ 47.99 $ 40.47 Dividend paid during the period ended 2 $ 0.20 $ 0.18 $ 0.16 $ 0.16 $ 0.14 $ 0.14 $ 0.13 $ 0.13 $ 0.70 $ 0.54 Market Capitalization $ 3,363,907 $ 3,532,591 $ 3,350,922 $ 3,102,773 $ 2,811,832 $ 2,502,754 $ 1,923,948 $ 2,032,404 $ 3,363,907 $ 2,811,832 Number of Common Shares Outstanding 2 70,096 70,105 70,059 69,491 69,488 69,492 69,294 69,200 70,096 69,488 Payout Ratio 2 14.6% 17.1% 15.2% 16.0% 14.3% 14.7% 14.8% 15.1% 15.7% 14.8% 1 See definition of Adjusted Net Income, Total Adjusted Revenue, Adjusted Diluted Earnings per share, Adjusted Return on Shareholders' Equity and Adjusted Efficiency Ratio and the reconciliation of net income to Adjusted Net Income in the Non-GAAP Measures section of this supplementary financial information package. 2 During Q1 2014, the Company paid a stock dividend of one common share per each issued and outstanding common share. Accordingly, diluted earnings per share is reduced to half and the number of shares disclosed is doubled for periods prior to Q1 2014 presented for comparative purposes. 3 See definition of Taxable Equivalent Basis (TEB) under Non-GAAP Measures of this supplementary financial information package 4 Total assets and loans under administratoin include both on and off-balance sheet amounts. 5 Total loans include loans held for sale. 6 These figures relate to the Company's operating subsidiary, Home Trust Company. 7 Commencing in Q3 2013, the Company excluded from its assets, for purposes of calculating the Assets to Regulatory Capital Multiple, mortgages that are off-balance sheet as a result of sales of residual interest in light of regulatory communications confirming this treatment. The multiples have been restated to reflect this treatment for comparative periods prior to Q3 2013.

Consolidated Statements of Income (000s, except per share amounts) 2014 2014 2014 2014 2013 2013 2013 2013 2014 2013 (Unaudited) Net Interest Income Non-Securitized Assets Interest from loans $ 187,272 $ 183,101 $ 176,182 $ 171,243 $ 168,045 $ 159,573 $ 153,598 $ 148,031 $ 717,798 $ 629,247 Dividends from securities 2,842 2,955 2,898 2,731 2,556 2,621 2,795 3,193 11,426 11,165 Other interest 2,482 3,855 4,109 3,466 2,663 2,386 1,778 1,456 13,912 8,283 192,596 189,911 183,189 177,440 173,264 164,580 158,171 152,680 743,136 648,695 Interest on deposits and other 81,326 80,428 76,718 73,022 71,744 67,911 65,640 62,938 311,494 268,233 Interest on senior debt 1,660 1,610 1,542 1,580 1,793 1,635 1,601 1,583 6,392 6,612 Net interest income non-securitized assets 109,610 107,873 104,929 102,838 99,727 95,034 90,930 88,159 425,250 373,850 Net Interest Income Securitized Loans and Assets Interest income from securitized loans and assets 35,559 40,163 45,494 45,275 51,274 55,229 57,953 61,337 166,491 225,793 Interest expense on securitization liabilities 28,753 30,453 35,280 37,726 40,034 43,669 46,351 47,610 132,212 177,664 Net interest income securitized loans and assets 6,806 9,710 10,214 7,549 11,240 11,560 11,602 13,727 34,279 48,129 Total Net Interest Income 116,416 117,583 115,143 110,387 110,967 106,594 102,532 101,886 459,529 421,979 Provision for credit losses 3,186 3,511 3,232 3,205 4,004 2,768 4,429 4,667 13,134 15,868 113,230 114,072 111,911 107,182 106,963 103,826 98,103 97,219 446,395 406,111 Non-Interest Income Fees and other income 18,272 17,736 18,439 16,794 15,402 15,472 15,406 14,972 71,241 61,252 Securitization income 4,956 5,665 7,494 8,730 5,770 4,864 508 1,506 26,845 12,648 Gain on prepayment income on portfolio sale 32,675 - - - - - - - 32,675 - Net realized and unrealized gain (loss) on securities 965 521 1,187 752 148 (668) 1,163 1,946 3,425 2,589 Net realized and unrealized (loss) gain on derivatives (431) 1,050 (355) (1,091) 507 (44) (646) (1,247) (827) (1,430) 56,437 24,972 26,765 25,185 21,827 19,624 16,431 17,177 133,359 75,059 169,667 139,044 138,676 132,367 128,790 123,450 114,534 114,396 579,754 481,170 Non-Interest Expenses Salaries and benefits 20,156 20,533 19,872 20,208 19,563 17,768 16,673 16,950 80,769 70,954 Premises 3,213 2,884 3,014 2,755 2,610 2,407 2,439 2,445 11,866 9,901 Other operating expenses 16,520 19,484 17,636 15,977 15,689 17,460 15,160 14,574 69,617 62,883 39,889 42,901 40,522 38,940 37,862 37,635 34,272 33,969 162,252 143,738 Income Before Income Taxes 129,778 96,143 98,154 93,427 90,928 85,815 80,262 80,427 417,502 337,432 Income taxes Current 32,539 20,144 24,405 25,113 22,337 20,258 16,077 23,456 102,201 82,128 Deferred 1,303 2,244 4 (1,422) (236) (860) 2,612 (2,754) 2,129 (1,238) 33,842 22,388 24,409 23,691 22,101 19,398 18,689 20,702 104,330 80,890 NET INCOME $ 95,936 $ 73,755 $ 73,745 $ 69,736 $ 68,827 $ 66,417 $ 61,573 $ 59,725 $ 313,172 $ 256,542 NET INCOME PER COMMON SHARE Basic 1 $ 1.37 $ 1.05 $ 1.06 $ 1.00 $ 0.99 $ 0.96 $ 0.89 $ 0.86 $ 4.48 $ 3.70 Diluted 1 $ 1.36 $ 1.05 $ 1.05 $ 1.00 $ 0.98 $ 0.95 $ 0.88 $ 0.86 $ 4.45 $ 3.66 AVERAGE NUMBER OF COMMON SHARES OUTSTANDING Basic 1 70,101 70,089 69,743 69,489 69,490 69,405 69,225 69,261 69,857 69,340 Diluted 1 70,462 70,480 70,496 70,072 69,939 69,906 69,700 69,649 70,432 70,046 Total number of outstanding common shares 1 70,096 70,105 70,059 69,491 69,488 69,492 69,294 69,200 70,096 69,488 Book value per common share 1 $ 20.67 $ 19.57 $ 18.74 $ 17.82 $ 16.95 $ 16.14 $ 15.41 $ 14.77 $ 20.67 $ 16.95 1 During Q1 2014, the Company paid a stock dividend of one common share per each issued and outstanding common share. Accordingly, both basic and diluted net income per common share is reduced to half and the number of shares disclosed is doubled for periods prior to Q1 2014 presented for comparative purposes.

Reconciliation of Net Income to Adjusted Net Income (000s, except per share amounts) 2014 2014 2014 2014 2013 2013 2013 2013 2014 2013 (Unaudited) Net Income $ 95,936 $ 73,755 $ 73,745 $ 69,736 $ 68,827 $ 66,417 $ 61,573 $ 59,725 $ 313,172 $ 256,542 Adjustment for derivative restructuring - IFRS conversion (net of tax) 1,278 106 827 917 850 931 2,309 1,783 3,128 5,873 Adjustment for disputed loans to condominium corporations (net of tax) - - - - - - - 1,508-1,508 Adjustment for investment tax credit benefits (net of tax) - (2,426) (956) - (1,470) (2,735) (1,985) - (3,897) (6,190) Adjustment for prepayment income on portfolio sale (net of tax) (24,019) - - (515) - - - (24,019) - Adjusted Net Income 1 $ 73,195 $ 71,435 $ 73,616 $ 70,138 $ 68,207 $ 64,613 $ 61,897 $ 63,016 $ 288,384 $ 257,733 Adjusted Basic Earnings per Share 1,2 $ 1.04 $ 1.02 $ 1.06 $ 1.01 $ 0.98 $ 0.93 $ 0.89 $ 0.91 $ 4.13 $ 3.72 Adjusted Diluted Earnings per Share 1,2 $ 1.04 $ 1.01 $ 1.04 $ 1.00 $ 0.98 $ 0.92 $ 0.89 $ 0.90 $ 4.09 $ 3.68 1 Adjusted net income and adjusted earnings per share are defined in the Non-GAAP measures section of this supplemental information package. 2 During Q1 2014, the Company paid a stock dividend of one common share per each issued and outstanding common share.

Net Interest Margin 2014 2014 2014 2014 2013 2013 2013 2013 2014 2013 Net interest margin non-securitized interest earning assets (non-teb) 2.77% 2.76% 2.81% 2.88% 2.92% 2.96% 2.99% 3.04% 2.80% 2.98% Net interest margin non-securitized interest earning assets (TEB) 2.79% 2.79% 2.84% 2.91% 2.94% 2.99% 3.03% 3.08% 2.83% 3.01% Net interest margin securitized assets 0.60% 0.80% 0.76% 0.54% 0.74% 0.69% 0.68% 0.78% 0.67% 0.73% Total net interest margin (non-teb) 2.25% 2.27% 2.24% 2.17% 2.20% 2.14% 2.12% 2.14% 2.23% 2.15% Total net interest margin (TEB) 2.27% 2.29% 2.26% 2.19% 2.22% 2.16% 2.14% 2.17% 2.25% 2.17% Spread of non-securitized loans over deposits and other 2.83% 2.88% 2.97% 3.08% 3.11% 3.16% 3.16% 3.13% 2.93% 3.14%

Net Interest Income (000s, except %) 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2014 Fiscal 2013 Fiscal Income/ Average Income/ Average Income/ Average Income/ Average Income/ Average Income/ Average Income/ Average Income/ Average Income/ Average Income/ Average Expense Rate (1) Expense Rate (1) Expense Rate (1) Expense Rate (1) Expense Rate (1) Expense Rate (1) Expense Rate (1) Expense Rate (1) Expense Rate (1) Expense Rate (1) Interest-bearing assets Cash resources and securities $ 5,324 1.80% $ 6,810 1.86% $ 7,007 1.82% $ 6,197 1.77% $ 5,219 1.62% $ 5,007 1.60% $ 4,573 1.63% $ 4,649 1.98% $ 25,338 1.81% $ 19,448 1.69% Traditional single-family residential mortgages 144,496 4.98% 140,670 5.08% 136,259 5.18% 130,687 5.17% 128,659 5.24% 122,329 5.24% 118,621 5.34% 112,882 5.35% 552,112 5.10% 482,491 5.29% Accelerator single-family residential mortgages 7,518 2.90% 7,107 2.61% 5,417 2.39% 6,704 3.39% 5,282 3.42% 3,604 3.54% 2,746 3.20% 3,412 3.26% 26,746 2.80% 15,044 3.37% Residential commercial mortgages (2) 3,959 4.79% 3,287 4.93% 3,511 4.41% 3,598 4.61% 4,043 4.93% 3,393 4.84% 2,899 5.24% 2,619 4.68% 14,355 4.68% 12,954 4.92% Non-residential commercial mortgages 16,566 6.16% 16,280 6.26% 16,070 6.38% 15,936 6.31% 15,749 6.38% 15,932 6.60% 15,425 6.38% 15,575 6.35% 64,852 6.27% 62,681 6.43% Credit card loans 7,552 9.21% 7,273 9.24% 6,986 9.16% 6,718 9.08% 6,934 9.39% 7,147 9.50% 7,336 9.38% 7,549 9.42% 28,529 9.18% 28,966 9.43% Other consumer retail loans 7,181 10.07% 8,484 9.08% 7,939 9.01% 7,600 8.85% 7,378 8.85% 7,168 9.01% 6,571 8.76% 5,994 8.54% 31,204 9.21% 27,111 8.80% Total non-securitized loans 187,272 5.11% 183,101 5.17% 176,182 5.26% 171,243 5.33% 168,045 5.43% 159,573 5.50% 153,598 5.57% 148,031 5.55% 717,798 5.21% 629,247 5.51% Taxable equivalent adjustment 1,024-1,065-1,044-984 - 921-942 - 1,005-1,148-4,117-4,016 - Total on non-securitized interest earning assets 193,620 4.89% 190,976 4.89% 184,233 4.93% 178,424 5.00% 174,185 5.10% 165,522 5.15% 159,176 5.24% 153,828 5.30% 747,253 4.93% 652,711 5.19% Securitized single-family residential mortgages 22,875 3.12% 25,650 3.33% 28,046 3.31% 28,822 3.08% 33,112 3.19% 35,943 3.12% 37,256 3.17% 38,391 3.22% 105,393 3.21% 144,702 3.17% Securitized multi-unit residential mortgages 10,969 4.09% 13,054 4.29% 15,908 4.58% 14,703 3.96% 16,429 4.01% 17,715 3.95% 18,736 4.11% 20,832 4.47% 54,634 4.23% 73,712 4.14% Assets pledged as collateral for securitization 1,715 1.22% 1,459 1.06% 1,540 1.04% 1,750 1.43% 1,733 1.57% 1,571 1.66% 1,961 1.65% 2,114 1.47% 6,464 1.18% 7,379 1.58% Total securitized residential mortgages 35,559 3.11% 40,163 3.31% 45,494 3.39% 45,275 3.17% 51,274 3.29% 55,229 3.26% 57,953 3.31% 61,337 3.40% 166,491 3.25% 225,793 3.32% Total interest-bearing assets $ 229,179 4.42% $ 231,139 4.45% $ 229,727 4.46% $ 223,699 4.41% $ 225,459 4.47% $ 220,751 4.44% $ 217,129 4.48% $ 215,165 4.52% $ 913,744 4.43% $ 878,504 4.47% Interest-bearing liabilities Deposits and other $ 81,326 2.28% $ 80,428 2.29% $ 76,718 2.29% $ 73,022 2.25% $ 71,744 2.32% $ 67,911 2.34% $ 65,640 2.41% $ 62,938 2.42% $ 311,494 2.28% $ 268,233 2.37% Senior debt 1,660 4.55% 1,610 4.40% 1,542 4.19% 1,580 4.26% 1,793 4.82% 1,635 4.39% 1,601 4.26% 1,583 4.18% 6,392 4.35% 6,612 4.41% Securitization liabilities 28,753 2.48% 30,453 2.47% 35,280 2.58% 37,726 2.63% 40,034 2.55% 43,669 2.57% 46,351 2.63% 47,610 2.62% 132,212 2.55% 177,664 2.59% Total interest-bearing liabilities $ 111,739 2.15% $ 112,491 2.16% $ 113,540 2.20% $ 112,328 2.22% $ 113,571 2.25% $ 113,215 2.28% $ 113,592 2.34% $ 112,131 2.35% $ 450,098 2.18% $ 452,509 2.30% Net Interest Income (TEB) $ 117,440 $ 118,648 $ 116,187 $ 111,371 $ 111,888 $ 107,536 $ 103,537 $ 103,034 $ 463,646 $ 425,995 Tax Equivalent Adjustment (1,024) (1,065) (1,044) (984) (921) (942) (1,005) (1,148) (4,117) (4,016) Net Interest Income per Financial Statements $ 116,416 $ 117,583 $ 115,143 $ 110,387 $ 110,967 $ 106,594 $ 102,532 $ 101,886 $ 459,529 $ 421,979 (1) The average is calculated with reference to opening and closing monthly asset and liability balances. (2) Residential commercial mortgages include non-securitized multi-unit residential mortgages and commercial mortgages secured by residential property types.

Average Balance Sheets for Selected Items (1) (000s) 2014 2014 2014 2014 2013 2013 2013 2013 2014 2013 Assets Cash resources and securities $ 1,184,378 $ 1,466,207 $ 1,539,238 $ 1,404,354 $ 1,292,322 $ 1,248,482 $ 1,120,279 $ 938,895 $ 1,398,544 $ 1,149,994 Traditional single-family residential mortgages 11,600,934 11,077,564 10,516,879 10,109,874 9,819,720 9,331,924 8,878,519 8,435,989 10,826,314 9,116,538 Accelerator single-family residential mortgages 1,038,425 1,089,932 906,015 791,706 617,356 407,046 343,069 419,071 956,519 446,636 Residential commercial mortgages (2) 330,499 266,643 318,540 311,976 327,988 280,565 221,504 223,732 306,915 263,447 Non-residential commercial mortgages 1,076,337 1,039,891 1,007,834 1,010,015 987,049 965,285 967,670 980,863 1,033,519 975,217 Credit card loans 327,951 314,998 304,952 295,862 295,315 300,776 312,716 320,432 310,941 307,310 Other consumer retail loans 285,162 373,937 352,542 343,469 333,521 318,300 300,190 280,610 338,777 308,155 Total non-securitized loans 14,659,308 14,162,965 13,406,762 12,862,902 12,380,949 11,603,896 11,023,668 10,660,697 13,772,985 11,417,303 Taxable equivalent adjustment - - - - - - - - - - Total on non-securitized interest earning assets 15,843,686 15,629,172 14,946,000 14,267,256 13,673,271 12,852,378 12,143,947 11,599,592 15,171,529 12,567,297 Securitized single-family residential mortgages 2,932,381 3,083,206 3,384,428 3,741,853 4,151,111 4,605,786 4,706,296 4,774,660 3,285,467 4,559,463 Securitized multi-unit residential mortgages 1,074,056 1,215,793 1,390,668 1,486,056 1,639,678 1,795,004 1,821,823 1,864,474 1,291,643 1,780,245 Assets pledged as collateral for securitization 563,182 549,804 591,616 489,004 440,539 379,419 474,538 575,428 548,401 467,481 Total securitized residential mortgages 4,569,619 4,848,803 5,366,712 5,716,913 6,231,328 6,780,209 7,002,657 7,214,562 5,125,511 6,807,189 Other assets 335,781 309,358 291,509 298,744 282,816 254,310 250,776 241,642 308,848 257,386 Total Assets $ 20,749,086 $ 20,787,333 $ 20,604,221 $ 20,282,913 $ 20,187,415 $ 19,886,897 $ 19,397,380 $ 19,055,796 $ 20,605,888 $ 19,631,872 Liabilities and Shareholders Equity Deposits and other $ 14,280,218 $ 14,068,497 $ 13,408,591 $ 12,953,570 $ 12,383,947 $ 11,629,822 $ 10,895,606 $ 10,402,556 $ 13,677,719 $ 11,327,983 Senior debt 145,787 146,284 147,237 148,200 148,725 149,025 150,458 151,387 146,877 149,899 Securitization liabilities 4,631,468 4,928,924 5,479,605 5,738,019 6,271,332 6,785,334 7,061,631 7,278,748 5,194,504 6,849,261 Other liabilities and shareholders equity 1,691,613 1,643,628 1,568,788 1,443,124 1,383,411 1,322,716 1,289,685 1,223,105 1,586,788 1,304,729 Total Liabilities and Shareholders Equity $ 20,749,086 $ 20,787,333 $ 20,604,221 $ 20,282,913 $ 20,187,415 $ 19,886,897 $ 19,397,380 $ 19,055,796 $ 20,605,888 $ 19,631,872 (1) The average is calculated with reference to opening and closing monthly asset and liability balances. (2) Residential commercial mortgages include non-securitized multi-unit residential mortgages and commercial mortgages secured by residential property types.

Consolidated Balance Sheets 2014 2014 2014 2014 2013 2013 2013 2013 2014 2013 thousands of Canadian dollars (Unaudited) ASSETS Cash and Cash Equivalents $ 360,746 $ 488,101 $ 964,388 $ 1,029,440 $ 733,172 $ 781,234 $ 715,499 $ 639,370 $ 360,746 $ 733,172 Available for Sale Securities 582,819 597,990 615,700 453,082 424,272 441,689 396,557 404,254 582,819 424,272 Loans Held for Sale 102,094 56,561 47,847 121,252 137,975 77,655 25,508 43,434 102,094 137,975 Loans Securitized mortgages 3,945,654 4,093,553 4,419,600 4,977,211 5,210,021 6,164,544 6,570,837 6,710,556 3,945,654 5,210,021 Non-securitized mortgages and loans 14,317,162 14,338,788 13,554,728 12,789,843 12,671,905 11,842,183 11,198,075 10,675,992 14,317,162 12,671,905 18,262,816 18,432,341 17,974,328 17,767,054 17,881,926 18,006,727 17,768,912 17,386,548 18,262,816 17,881,926 Collective allowance for credit losses (34,100) (33,500) (32,900) (32,100) (31,500) (30,900) (30,500) (30,300) (34,100) (31,500) 18,228,716 18,398,841 17,941,428 17,734,954 17,850,426 17,975,827 17,738,412 17,356,248 18,228,716 17,850,426 Other Restricted assets 421,083 666,640 609,810 643,444 648,283 296,767 432,175 672,801 421,083 648,283 Derivative assets 38,534 32,459 30,241 33,837 29,886 32,731 28,739 44,643 38,534 29,886 Other assets 235,616 219,407 197,781 176,527 162,679 148,548 110,958 114,528 235,616 162,679 Goodwill and intangible assets 113,136 101,609 96,331 92,034 89,157 86,346 85,110 83,285 113,136 89,157 808,369 1,020,115 934,163 945,842 930,005 564,392 656,982 915,257 808,369 930,005 $ 20,082,744 $ 20,561,608 $ 20,503,526 $ 20,284,570 $ 20,075,850 $ 19,840,797 $ 19,532,958 $ 19,358,563 $ 20,082,744 $ 20,075,850 LIABILITIES AND SHAREHOLDERS EQUITY Liabilities Deposits Deposits payable on demand $ 1,064,152 $ 828,982 $ 637,632 $ 504,308 $ 429,269 $ 281,348 $ 172,370 $ 96,513 $ 1,064,152 $ 429,269 Deposits payable on a fixed date 12,875,819 13,193,150 13,109,993 12,580,629 12,336,685 11,655,299 10,996,269 10,545,767 12,875,819 12,336,685 13,939,971 14,022,132 13,747,625 13,084,937 12,765,954 11,936,647 11,168,639 10,642,280 13,939,971 12,765,954 Senior Debt 152,026 154,640 153,027 155,350 153,474 155,378 153,282 156,499 152,026 153,474 Securitization Liabilities Mortgage-backed security liabilities 471,551 548,640 577,245 613,495 660,964 913,103 1,103,266 1,271,879 471,551 660,964 Canada Mortgage Bond liabilities 3,831,912 4,177,521 4,413,359 4,944,605 5,112,100 5,495,144 5,820,394 6,036,475 3,831,912 5,112,100 4,303,463 4,726,161 4,990,604 5,558,100 5,773,064 6,408,247 6,923,660 7,308,354 4,303,463 5,773,064 Other Derivative liabilities 2,266 1,223 1,553 1,280 3,809 2,378 1,704 2,941 2,266 3,809 Other liabilities 199,831 250,216 264,551 213,885 167,427 181,745 181,762 193,630 199,831 167,427 Deferred tax liabilities 36,554 35,251 33,007 33,003 34,425 35,040 35,894 33,046 36,554 34,425 238,651 286,690 299,111 248,168 205,661 219,163 219,360 229,617 238,651 205,661 18,634,111 19,189,623 19,190,367 19,046,555 18,898,153 18,719,435 18,464,941 18,336,750 18,634,111 18,898,153 Shareholders Equity Capital stock 84,687 84,565 82,848 70,324 70,233 70,237 64,662 61,850 84,687 70,233 Contributed surplus 3,989 3,650 3,684 6,600 5,984 5,412 6,419 6,729 3,989 5,984 Retained earnings 1,378,562 1,298,648 1,239,676 1,177,187 1,119,959 1,061,015 1,005,044 952,869 1,378,562 1,119,959 Accumulated other comprehensive (loss) income (18,605) (14,878) (13,049) (16,096) (18,479) (15,302) (8,108) 365 (18,605) (18,479) 1,448,633 1,371,985 1,313,159 1,238,015 1,177,697 1,121,362 1,068,017 1,021,813 1,448,633 1,177,697 $ 20,082,744 $ 20,561,608 $ 20,503,526 $ 20,284,570 $ 20,075,850 $ 19,840,797 $ 19,532,958 $ 19,358,563 $ 20,082,744 $ 20,075,850

Gross Loans by Geographic Region and Type thousands of Canadian dollars, (Unaudited) 2014 2014 2014 2014 2013 2013 2013 2013 2014 2013 Securitized mortgages Securitized single-family residential mortgages British Columbia $ 218,927 $ 238,772 $ 265,427 $ 322,480 $ 334,511 $ 382,042 $ 411,092 $ 426,186 $ 218,927 $ 334,511 Alberta 182,797 195,894 207,185 252,767 256,770 298,719 315,199 334,333 182,797 256,770 Ontario 2,376,966 2,342,519 2,466,213 2,672,003 2,835,878 3,409,845 3,666,686 3,725,208 2,376,966 2,835,878 Quebec 127,999 134,528 145,734 172,688 192,751 229,049 252,903 268,415 127,999 192,751 Other 83,430 78,878 82,947 94,454 100,187 114,187 119,421 118,836 83,430 100,187 Total securitized single-family residential mortgages 2,990,119 2,990,591 3,167,506 3,514,392 3,720,097 4,433,842 4,765,301 4,872,978 2,990,119 3,720,097 Securitized multi-unit residential mortgages British Columbia 133,838 153,538 165,993 189,809 201,181 239,146 251,919 254,431 133,838 201,181 Alberta 72,615 97,920 120,181 190,834 191,910 198,938 200,054 202,060 72,615 191,910 Ontario 480,693 563,520 638,439 698,022 706,883 849,537 872,389 895,349 480,693 706,883 Quebec 79,128 95,313 140,672 185,353 186,521 215,291 252,360 254,884 79,128 186,521 Other 189,261 192,671 186,809 198,801 203,429 227,790 228,814 230,854 189,261 203,429 Total securitized multi-unit residential mortgages 955,535 1,102,962 1,252,094 1,462,819 1,489,924 1,730,702 1,805,536 1,837,578 955,535 1,489,924 Total securitized mortgages $ 3,945,654 $ 4,093,553 $ 4,419,600 $ 4,977,211 $ 5,210,021 $ 6,164,544 $ 6,570,837 $ 6,710,556 $ 3,945,654 $ 5,210,021 Non-securitized mortgages Single-family residential mortgages British Columbia $ 661,839 $ 621,530 $ 578,789 $ 546,578 $ 536,699 $ 475,499 $ 451,319 $ 438,601 $ 661,839 $ 536,699 Alberta 445,390 430,674 408,473 368,746 367,211 336,497 338,048 342,535 445,390 367,211 Ontario 10,738,864 10,704,403 10,110,696 9,480,039 9,392,187 8,687,010 8,179,994 7,731,358 10,738,864 9,392,187 Quebec 393,319 376,900 379,122 370,494 360,762 323,892 306,133 275,773 393,319 360,762 Other 212,924 212,609 210,448 191,740 191,709 165,176 156,081 147,156 212,924 191,709 Total single-family residential mortgages 12,452,336 12,346,116 11,687,528 10,957,597 10,848,568 9,988,074 9,431,575 8,935,423 12,452,336 10,848,568 Residential commercial mortgages (1) British Columbia 7,972 3,904 8,824 8,827 8,897 20,319 6,449 6,807 7,972 8,897 Alberta 36,869 48,652 23,478 22,292 16,192 20,810 24,171 16,216 36,869 16,192 Ontario 147,697 140,836 117,434 134,009 135,133 159,334 124,117 121,853 147,697 135,133 Quebec 22,645 16,712 10,616 16,709 28,689 52,788 18,238 24,241 22,645 28,689 Other 28,135 19,755 12,952 6,319 7,969 3,739 3,732 1,570 28,135 7,969 Total residential commercial mortgages 243,318 229,859 173,304 188,156 196,880 256,990 176,707 170,687 243,318 196,880 Non-residential commercial mortgages British Columbia 9,956 9,979 7,716 7,731 7,753 3,851 3,480 3,502 9,956 7,753 Alberta 45,263 33,506 34,427 33,395 38,660 37,745 28,413 22,387 45,263 38,660 Ontario 1,001,196 963,613 934,487 893,166 881,702 867,132 857,478 843,787 1,001,196 881,702 Quebec 10,422 12,321 11,856 13,026 16,234 16,071 47,193 59,397 10,422 16,234 Other 40,096 39,252 38,056 50,901 49,861 47,313 37,333 38,120 40,096 49,861 Total non-residential commercial mortgages 1,106,933 1,058,671 1,026,542 998,219 994,210 972,112 973,897 967,193 1,106,933 994,210 Credit card loans British Columbia 5,829 6,050 6,622 6,887 7,230 7,550 8,037 8,529 5,829 7,230 Alberta 16,505 17,616 18,207 18,519 19,383 21,391 21,944 23,953 16,505 19,383 Ontario 302,750 292,984 280,165 270,227 262,152 264,933 271,511 283,315 302,750 262,152 Quebec 1,494 1,373 1,238 1,176 1,260 1,274 1,411 1,503 1,494 1,260 Other 3,829 3,823 3,732 3,606 3,661 3,632 3,691 3,867 3,829 3,661 Total credit card loans 330,407 321,846 309,964 300,415 293,686 298,780 306,594 321,167 330,407 293,686 Other consumer retail loans British Columbia 838 867 911 915 930 954 908 954 838 930 Alberta 2,204 1,929 1,597 1,517 1,258 1,110 1,028 900 2,204 1,258 Ontario 182,721 377,521 352,404 341,087 334,837 325,802 308,827 282,965 182,721 334,837 Quebec - 4,396 3,995 3,366 2,900-13 13-2,900 Other 508 221 227 240 274 332 393 528 508 274 Total other consumer retail loans 186,271 384,934 359,134 347,125 340,199 328,198 311,169 285,360 186,271 340,199 Total non-securitized mortgages and loans 14,319,265 14,341,426 13,556,472 12,791,512 12,673,543 11,844,154 11,199,942 10,679,830 14,319,265 12,673,543 Total loans 18,264,919 18,434,979 17,976,072 17,768,723 17,883,564 18,008,698 17,770,779 17,390,386 18,264,919 17,883,564 Total loans held for sale 102,094 56,561 47,847 121,252 137,975 77,655 25,508 43,434 102,094 137,975 Total on-balance sheet loans $ 18,367,013 $ 18,491,540 $ 18,023,919 $ 17,889,975 $ 18,021,539 $ 18,086,353 $ 17,796,287 $ 17,433,820 $ 18,367,013 $ 18,021,539 Off-balance sheet loans Single-family residential mortgages $ 2,613,481 $ 2,310,630 $ 1,962,368 $ 1,547,863 $ 1,088,066 $ 784,871 $ 614,875 $ 633,491 $ 2,613,481 $ 1,088,066 Multi-unit residential mortgages 1,585,141 1,353,876 1,250,691 1,038,974 833,865 661,427 429,672 385,020 1,585,141 833,865 Total off-balance sheet loans 4,198,622 3,664,506 3,213,059 2,586,837 1,921,931 1,446,298 1,044,547 1,018,511 4,198,622 1,921,931 Total loans under administration $ 22,565,635 $ 22,156,046 $ 21,236,978 $ 20,476,812 $ 19,943,470 $ 19,532,651 $ 18,840,834 $ 18,452,331 $ 22,565,635 $ 19,943,470 (1) Residential commercial mortgages include non-securitized multi-unit residential mortgages and commercial mortgages secured by residential property types.

Gross Loans by Geographic Region (excluding held for sale and off-balance sheet loans) thousands of Canadian dollars, (Unaudited) 2014 2014 2014 2014 2013 2013 2013 2013 2014 2013 British Columbia $ 1,039,199 $ 1,034,640 $ 1,034,282 $ 1,083,227 $ 1,097,201 $ 1,129,361 $ 1,133,204 $ 1,139,010 $ 1,039,199 $ 1,097,201 Alberta 801,643 826,191 813,548 888,070 891,384 915,210 928,857 942,384 801,643 891,384 Ontario 15,230,887 15,385,396 14,899,838 14,488,553 14,548,772 14,563,593 14,281,002 13,883,835 15,230,887 14,548,772 Quebec 635,007 641,543 693,233 762,812 789,117 838,365 878,251 884,226 635,007 789,117 Other 558,183 547,209 535,171 546,061 557,090 562,169 549,465 540,931 558,183 557,090 Total loans $ 18,264,919 $ 18,434,979 $ 17,976,072 $ 17,768,723 $ 17,883,564 $ 18,008,698 $ 17,770,779 $ 17,390,386 $ 18,264,919 $ 17,883,564

Allowance for Credit Losses by Product thousands of Canadian dollars (Unaudited) 2014 2014 2014 2014 2013 2013 2013 2013 2014 2013 Total individual allowance Single-family residential mortgages $ 2,368 $ 3,159 $ 2,151 $ 1,998 $ 1,960 $ 2,254 $ 1,557 $ 1,702 $ 2,368 $ 1,960 Residential commercial mortgages (1) - - - - 25 25-2,548-25 Non-residential commercial mortgages 112 87 102 94 44 24 215 13 112 44 Credit card loans 80 66 81 142 201 311 506 423 80 201 Other consumer retail loans 163 121 183 216 248 229 276 227 163 248 Total individual allowance 2,723 3,433 2,517 2,450 2,478 2,843 2,554 4,913 2,723 2,478 Collective allowance Single-family residential mortgages 20,632 20,032 19,432 18,632 18,032 17,313 17,040 16,867 20,632 18,032 Residential commercial mortgages (1) 327 327 327 327 327 446 319 292 327 327 Non-residential commercial mortgages 9,300 9,300 9,300 9,300 9,300 9,300 9,300 9,300 9,300 9,300 Credit card loans 3,541 3,541 3,541 3,541 3,541 3,541 3,541 3,541 3,541 3,541 Other consumer retail loans 300 300 300 300 300 300 300 300 300 300 Total collective allowance 34,100 33,500 32,900 32,100 31,500 30,900 30,500 30,300 34,100 31,500 Total allowances $ 36,823 $ 36,933 $ 35,417 $ 34,550 $ 33,978 $ 33,743 $ 33,054 $ 35,213 $ 36,823 $ 33,978 (1) Residential commercial mortgages include non-securitized multi-unit residential mortgages and commercial mortgages secured by residential property types.

Mortgage Advances (000s) 2014 2014 2014 2014 2013 2013 2013 2013 2014 2013 Single-family residential mortgages Traditional $ 1,484,475 $ 1,775,993 $ 1,530,299 $ 1,073,795 $ 1,227,462 $ 1,312,648 $ 1,237,124 $ 993,539 $ 5,864,562 $ 4,770,773 Accelerator 353,002 522,935 619,597 289,498 357,125 272,576 260,347 121,602 1,785,032 1,011,650 Residential commercial mortgages Multi-unit uninsured residential mortgages 38,519 34,649 8,464 11,844 62,276 19,475 22,842 25,145 93,476 129,738 Multi-unit insured residential mortgages 261,016 106,087 56,010 201,766 177,632 306,863 31,475 177,491 624,879 693,461 Other (1) 14,296 13,455 6,500 11,364 4,411 9,000 10,218 7,850 45,615 31,479 Non-residential commercial mortgages Store and apartments 24,144 28,840 37,676 27,612 24,514 24,347 27,458 23,632 118,272 99,951 Commercial 114,999 71,793 71,999 60,668 56,134 49,320 43,967 30,710 319,459 180,131 Total mortgage advances $ 2,290,451 $ 2,553,752 $ 2,330,545 $ 1,676,547 $ 1,909,554 $ 1,994,229 $ 1,633,431 $ 1,379,969 $ 8,851,295 $ 6,917,183 (1) Other residential commercial mortgages include mortgages such as builders' inventory.

Credit Card and Other Consumer Retail Loan Production (000s) 2014 2014 2014 2014 2013 2013 2013 2013 2014 2013 Amount (1) Credit card loans Equityline Visa credit cards $ 38,974 $ 47,438 $ 43,333 $ 29,969 $ 23,844 $ 24,510 $ 20,789 $ 17,791 $ 159,714 $ 86,934 Other credit cards 3,110 4,199 2,378 1,900 1,735 1,616 1,665 1,641 11,587 6,657 Other consumer retail loans Water heaters 34,072 42,426 27,961 21,427 28,331 24,668 35,423 24,827 125,886 113,249 Other retail lending 11,658 8,900 7,398 5,764 7,561 7,919 7,091 4,744 33,720 27,315 (Number of new accounts) 2014 2014 2014 2014 2013 2013 2013 2013 2014 2013 Number of New Accounts Credit card loans Equityline Visa credit cards 1,129 1,164 1,154 927 881 930 802 777 4,374 3,390 Other credit cards 1,966 2,244 1,799 1,540 1,375 1,341 1,471 1,280 7,549 5,467 Other consumer retail loans Water heaters 10,870 16,667 8,365 10,016 16,299 12,181 18,329 12,430 45,918 59,239 Other retail lending 1,788 1,611 1,480 1,149 1,393 1,426 1,346 1,012 6,028 5,177 (1) For credit cards, the amount represents the authorized credit limits. For water heaters and other retail lending, the amount represents the advanced amount.

Securitization Income thousands of Canadian dollars (unaudited) 2014 2014 2014 2014 2013 2013 2013 2013 2014 2013 Net gain on sale of mortgages or residual interest $ 4,362 $ 4,448 $ 6,971 $ 7,930 $ 4,598 $ 4,780 $ 271 $ 1,364 $ 23,712 $ 11,010 Net change in unrealized gain or loss (591) 311 (115) 219 602 (289) (137) (37) (177) 140 Servicing income 1,185 906 638 581 570 373 374 179 3,310 1,498 Total securitization income $ 4,956 $ 5,665 $ 7,494 $ 8,730 $ 5,770 $ 4,864 $ 508 $ 1,506 $ 26,845 $ 12,648 Securitization Sales and Activities thousands of Canadian dollars (unaudited) 2014 2014 2014 2014 2013 2013 2013 2013 2014 2013 Single-Family Residential MBS Carrying value of underlying mortgages derecognized $ 371,782 $ 419,679 $ 467,758 $ 486,235 $ 327,500 $ 191,761 $ - $ - $ 1,745,454 $ 519,261 Gains on sale of mortgages or residual interest (1) 2,549 3,799 5,620 6,717 3,460 1,894 - - 18,685 5,354 Retained interest recorded - - - - - - - - - - Servicing liability recorded - - - - - - - - - - Multi-Unit Residential MBS Carrying value of underlying mortgages derecognized $ 241,023 $ 112,207 $ 219,244 $ 211,498 $ 177,700 $ 235,483 $ 47,821 $ 156,240 $ 783,972 $ 617,244 Gains on sale of mortgages or residual interest (1) 1,813 649 1,351 1,213 1,138 2,886 271 1,364 5,027 5,656 Retained interest recorded 9,289 5,043 7,355 10,403 7,983 11,146 1,384 5,618 32,090 26,131 Servicing liability recorded 2,257 1,034 1,606 1,884 1,186 1,809 315 1,253 6,781 4,563 Total MBS Carrying value of underlying mortgages derecognized $ 612,805 $ 531,886 $ 687,002 $ 697,733 $ 505,200 $ 427,244 $ 47,821 $ 156,240 $ 2,529,426 $ 1,136,505 Gains on sale of mortgages or residual interest (1) 4,362 4,448 6,971 7,930 4,598 4,780 271 1,364 23,712 11,010 Retained interest recorded 9,289 5,043 7,355 10,403 7,983 11,146 1,384 5,618 32,090 26,131 Servicing liability recorded 2,257 1,034 1,606 1,884 1,186 1,809 315 1,253 6,781 4,563 (1) Gain on sale of mortgages are net of hedging impact.

Deposits, Senior Debt and Securitization Liabilities (000s) 2014 2014 2014 2014 2013 2013 2013 2013 2014 2013 Deposits payable on demand High-interest savings accounts $ 854,501 $ 751,079 $ 564,687 $ 446,153 $ 337,239 $ 234,313 $ 108,107 $ 42,330 $ 854,501 $ 337,239 Oaken savings account 44,409 32,989 12,366 4,722 1,142 - - - 44,409 1,142 Other deposits payable on demand 165,242 44,914 60,579 53,433 90,888 47,035 64,263 54,183 165,242 90,888 1,064,152 828,982 637,632 504,308 429,269 281,348 172,370 96,513 1,064,152 429,269 Deposits payable on fixed dates Brokered GICs 11,352,182 11,905,749 11,878,532 11,923,482 11,756,015 11,452,687 10,865,355 10,434,002 11,352,182 11,756,015 Oaken GICs 720,887 486,786 431,080 356,906 284,294 202,612 130,914 111,765 720,887 284,294 Institutional deposit notes 802,750 800,615 800,381 300,241 296,376 - - - 802,750 296,376 12,875,819 13,193,150 13,109,993 12,580,629 12,336,685 11,655,299 10,996,269 10,545,767 12,875,819 12,336,685 Senior debt 152,026 154,640 153,027 155,350 153,474 155,378 153,282 156,499 152,026 153,474 Securitization liabilities Mortgage-backed security liabilities 471,551 548,640 577,245 613,495 660,964 913,103 1,103,266 1,271,879 471,551 660,964 Canada Mortgage Bond liabilities 3,831,912 4,177,521 4,413,359 4,944,605 5,112,100 5,495,144 5,820,394 6,036,475 3,831,912 5,112,100 4,303,463 4,726,161 4,990,604 5,558,100 5,773,064 6,408,247 6,923,660 7,308,354 4,303,463 5,773,064 Total $ 18,395,460 $ 18,902,933 $ 18,891,256 $ 18,798,387 $ 18,692,492 $ 18,500,272 $ 18,245,581 $ 18,107,133 $ 18,395,460 $ 18,692,492

Other Assets 2014 2014 2014 2014 2013 2013 2013 2013 2014 2013 thousands of Canadian dollars (Unaudited) Restricted assets Restricted cash $ 119,093 $ 109,207 $ 133,031 $ 125,442 $ 118,133 $ 101,580 $ 127,906 $ 121,793 $ 119,093 $ 118,133 Non-Home Trust MBS and treasury bills assigned as replacement assets 301,990 557,433 476,779 518,002 530,150 195,187 304,269 551,008 301,990 530,150 Total restricted assets 421,083 666,640 609,810 643,444 648,283 296,767 432,175 672,801 421,083 648,283 Derivative assets 38,534 32,459 30,241 33,837 29,886 32,731 28,739 44,643 38,534 29,886 Other assets Accrued interest receivable 65,132 64,452 62,403 64,417 62,961 62,503 62,910 63,443 65,132 62,961 Prepaid CMB coupon 4,506 11,470 6,618 14,305 7,168 15,143 8,550 18,376 4,506 7,168 Securitization receivable and retained interest 128,522 111,035 97,230 76,766 54,556 25,518 15,096 14,274 128,522 54,556 Capital assets 12,052 11,624 10,927 11,300 10,875 10,391 8,403 7,191 12,052 10,875 Income taxes receivable - - - 1,857 9,519 11,160 - - - 9,519 Other prepaid assets and deferred items 25,404 20,826 20,603 7,882 17,600 23,833 15,999 11,244 25,404 17,600 Total other assets 235,616 219,407 197,781 176,527 162,679 148,548 110,958 114,528 235,616 162,679 Goodwill and intangible assets Goodwill 15,752 15,752 15,752 15,752 15,752 15,752 15,752 15,752 15,752 15,752 Intangibles 97,384 85,857 80,579 76,282 73,405 70,594 69,358 67,533 97,384 73,405 Total goodwill and intangible assets 113,136 101,609 96,331 92,034 89,157 86,346 85,110 83,285 113,136 89,157 $ 808,369 $ 1,020,115 $ 934,163 $ 945,842 $ 930,005 $ 564,392 $ 656,982 $ 915,257 $ 808,369 $ 930,005 Other Liabilities 2014 2014 2014 2014 2013 2013 2013 2013 2014 2013 thousands of Canadian dollars (Unaudited) Derivative liabilities $ 2,266 $ 1,223 $ 1,553 $ 1,280 $ 3,809 $ 2,378 $ 1,704 $ 2,941 $ 2,266 $ 3,809 Other liabilities Accrued interest payable on deposits 117,089 130,931 139,204 141,942 112,242 111,427 118,153 123,201 117,089 112,242 Accrued interest payable on securitization liabilities 10,046 19,739 13,100 24,984 14,833 28,020 18,906 31,159 10,046 14,833 Securitization servicing liability 11,216 9,356 8,685 7,372 5,727 4,731 3,065 2,861 11,216 5,727 Income taxes payable 11,317 942 3,225 - - - 4,902 8,100 11,317 - Other, including accounts payable and accrued liabilities 50,163 89,248 100,337 39,587 34,625 37,567 36,736 28,309 50,163 34,625 Total other liabilities 199,831 250,216 264,551 213,885 167,427 181,745 181,762 193,630 199,831 167,427 Deferred tax liabilities 36,554 35,251 33,007 33,003 34,425 35,040 35,894 33,046 36,554 34,425 $ 238,651 $ 286,690 $ 299,111 $ 248,168 $ 205,661 $ 219,163 $ 219,360 $ 229,617 $ 238,651 $ 205,661

Gross Amount of Impaired Loans by Product thousands of Canadian dollars, except % (Unaudited) 2014 2014 2014 2014 2013 2013 2013 2013 2014 2013 Single-family residential mortgages $ 52,551 $ 48,898 $ 43,970 $ 45,686 $ 52,837 $ 51,665 $ 51,102 $ 49,334 $ 52,551 $ 52,837 Residential commercial mortgages (1) 54 - - - 1,836 1,836-4,527 54 1,836 Securitized multi-unit residential mortgages - - 9,733 9,733 - - - - - - Non-residential commercial mortgages 2,516 1,441 2,350 907 7,189 1,576 1,277 981 2,516 7,189 Credit card loans 1,938 2,361 2,384 3,360 2,785 3,914 4,075 3,746 1,938 2,785 Other consumer retail loans 160 118 177 210 236 219 262 214 160 236 Gross impaired loans $ 57,219 $ 52,818 $ 58,614 $ 59,896 $ 64,883 $ 59,210 $ 56,716 $ 58,802 $ 57,219 $ 64,883 Net Amount of Impaired Loans by Product thousands of Canadian dollars (Unaudited) 2014 2014 2014 2014 2013 2013 2013 2013 2014 2013 Single-family residential mortgages $ 50,743 $ 46,499 $ 42,552 $ 44,434 $ 51,636 $ 50,224 $ 50,173 $ 48,183 $ 50,743 $ 51,636 Residential commercial mortgages (1) 54 - - - 1,836 1,836-2,477 54 1,836 Securitized multi-unit residential mortgages - - 9,733 9,733 - - - - - - Non-residential commercial mortgages 2,461 1,386 2,282 842 7,189 1,576 1,107 981 2,461 7,189 Credit card loans 1,858 2,295 2,303 3,218 2,584 3,603 3,569 3,323 1,858 2,584 Other consumer retail loans - - - - - - - - - - Net impaired loans $ 55,116 $ 50,180 $ 56,870 $ 58,227 $ 63,245 $ 57,239 $ 54,849 $ 54,964 $ 55,116 $ 63,245 (1) Residential commercial mortgages include non-securitized multi-unit residential mortgages and commercial mortgages secured by residential property types.

Change in Allowance thousands of Canadian dollars (Unaudited) 2014 2014 2014 2014 2013 2013 2013 2013 2014 2013 Individual allowances Allowance on loan principal Balance at the beginning of the period $ 2,638 $ 1,744 $ 1,669 $ 1,638 $ 1,971 $ 1,867 $ 3,838 $ 2,706 $ 1,638 $ 2,706 Provision for credit losses 2,761 2,889 2,440 2,664 3,436 2,183 4,617 4,224 10,754 14,460 Write-offs (3,462) (2,254) (2,693) (2,794) (4,154) (2,494) (6,840) (3,773) (11,203) (17,261) Recoveries 166 259 328 161 385 415 252 681 914 1,733 2,103 2,638 1,744 1,669 1,638 1,971 1,867 3,838 2,103 1,638 Allowance on accrued interest receivable Balance at the beginning of the period 795 773 781 840 872 687 1,075 932 840 932 Provision for credit losses (175) 22 (8) (59) (32) 185 (388) 143 (220) (92) 620 795 773 781 840 872 687 1,075 620 840 Total individual allowance 2,723 3,433 2,517 2,450 2,478 2,843 2,554 4,913 2,723 2,478 Collective allowance Balance at the beginning of the period 33,500 32,900 32,100 31,500 30,900 30,500 30,300 30,000 31,500 30,000 Provision for credit losses 600 600 800 600 600 400 200 300 2,600 1,500 34,100 33,500 32,900 32,100 31,500 30,900 30,500 30,300 34,100 31,500 Total allowance $ 36,823 $ 36,933 $ 35,417 $ 34,550 $ 33,978 $ 33,743 $ 33,054 $ 35,213 $ 36,823 $ 33,978 Total provision $ 3,186 $ 3,511 $ 3,232 $ 3,205 $ 4,004 $ 2,768 $ 4,429 $ 4,667 $ 13,134 $ 15,868

Provision for Credit Losses and Net Write-Offs as a Percent of Gross Loans on an Annualized Basis (000s, except %) Amount Provision (2) 2014 2014 2014 2014 2013 2013 2013 2013 2014 2013 Q4 Q3 Q2 Q1 Q4 Q3 Q2 Q1 Fiscal Fiscal % of Gross % of Gross % of Gross % of Gross % of Gross % of Gross % of Gross % of Gross % of Gross % of Gross Loans (1) Amount Loans (1) Amount Loans (1) Amount Loans (1) Amount Loans (1) Amount Loans (1) Amount Loans (1) Amount Loans (1) Amount Loans (1) Amount Loans (1) Single-family residential mortgages $ 2,263 0.07% $ 2,646 0.09% $ 2,184 0.07% $ 2,414 0.09% $ 2,841 0.10% $ 2,431 0.10% $ 3,019 0.13% $ 1,966 0.09% $ 9,507 0.08% $ 10,257 0.09% Residential commercial mortgages (3) 24 0.04% - - - - (25) (0.05)% 168 0.34% 25 0.04% 483 1.09% 2,116 4.96% (1) 0.00% 2,792 1.42% Non-residential commercial mortgages 81 0.03% 92 0.03% 20 0.01% 77 0.03% 99 0.04% (38) (0.02)% 200 0.08% 13 0.01% 270 0.02% 274 0.03% Credit card loans 128 0.15% 164 0.20% 170 0.22% 109 0.15% 183 0.25% (99) (0.13)% 396 0.52% 199 0.25% 571 0.17% 679 0.23% Other consumer retail loans 90 0.19% 9 0.01% 58 0.06% 30 0.03% 113 0.13% 49 0.06% 131 0.17% 73 0.10% 187 0.10% 366 0.11% Securitized single-family residential mortgages - - - - - - - - - - - - - - - - - - - - Securitized multi-unit residential mortgages - - - - - - - - - - - - - - - - - - - - Total individual provision 2,586 0.06% 2,911 0.06% 2,432 0.05% 2,605 0.06% 3,404 0.08% 2,368 0.05% 4,229 0.10% 4,367 0.10% 10,534 0.06% 14,368 0.08% Total collective provision 600 0.01% 600 0.01% 800 0.02% 600 0.01% 600 0.01% 400 0.01% 200 0.00% 300 0.01% 2,600 0.01% 1,500 0.01% Total provision $ 3,186 0.07% $ 3,511 0.08% $ 3,232 0.07% $ 3,205 0.07% $ 4,004 0.09% $ 2,768 0.06% $ 4,429 0.10% $ 4,667 0.11% $ 13,134 0.07% $ 15,868 0.09% Net Write-Offs (3) Single-family residential mortgages $ 3,054 0.10% $ 1,638 0.05% $ 2,031 0.07% $ 2,376 0.09% $ 3,135 0.12% $ 1,734 0.07% $ 3,164 0.13% $ 3,132 0.14% $ 9,099 0.07% $ 11,165 0.10% Residential commercial mortgages (3) 24 0.04% - - - - - - 168 0.34% - - 3,031 6.86% - - 24 0.01% 3,199 1.62% Non-residential commercial mortgages 56 0.02% 107 0.04% 12 0.00% 27 0.01% 79 0.03% 153 0.06% (2) - - - 202 0.02% 230 0.02% Credit card loans 114 0.14% 179 0.22% 231 0.30% 168 0.22% 293 0.40% 96 0.13% 313 0.41% (113) (0.14)% 692 0.21% 589 0.20% Other consumer retail loans 48 0.10% 71 0.07% 91 0.10% 62 0.07% 94 0.11% 96 0.12% 82 0.11% 73 0.10% 272 0.15% 345 0.10% Securitized single-family residential mortgages - - - - - - - - - - - - - - - - - - - - Securitized multi-unit residential mortgages - - - - - - - - - - - - - - - - - - - - $ 3,296 0.07% $ 1,995 0.04% $ 2,365 0.05% $ 2,633 0.06% $ 3,769 0.08% $ 2,079 0.05% $ 6,588 0.15% $ 3,092 0.07% $ 10,289 0.06% $ 15,528 0.09% (1) Gross loans used in the calculation of total Company ratio includes securitized on-balance sheet loans. (2) There were no specific provisions, allowances or net write-offs on securitized mortgages. (3) Residential commercial mortgages include non-securitized multi-unit residential mortgages and commercial mortgages secured by residential property types.

Past Due Loans that are not Impaired thousands of Canadian dollars (Unaudited) 1 to 30 Days 31 to 60 Days 61 to 90 Days Over 90 Days Total Q4 2014 Q4 2013 Q4 2014 Q4 2013 Q4 2014 Q4 2013 Q4 2014 Q4 2013 Q4 2014 Q4 2013 Securitized single-family residential mortgages $ 19,082 $ 27,522 $ 1,645 $ 4,370 $ 375 $ 265 $ 2,087 $ 4,982 $ 23,189 $ 37,139 Securitized multi-unit residential mortgages - - - - - - - 9,919-9,919 Single-family residential mortgages 220,062 243,821 44,959 48,540 3,842 6,804 9,222 6,159 278,085 305,324 Residential commercial mortgages (1) 910 1,195-573 - - - - 910 1,768 Non-residential commercial mortgages 9,040 8,685 3,304 902 - - - - 12,344 9,587 Credit card loans 3,487 3,653 1,067 1,932 502 963 24 23 5,080 6,571 Other consumer retail loans 119 70 41 30 46 31 - - 206 131 $ 252,700 $ 284,946 $ 51,016 $ 56,347 $ 4,765 $ 8,063 $ 11,333 $ 21,083 $ 319,814 $ 370,439 (1) Residential commercial mortgages include non-securitized multi-unit residential mortgages and commercial mortgages secured by residential property types.

Credit Risk: Mortgage Portfolio On Balance Sheet (000s, except %) 2014 2014 2014 2014 2013 2013 2013 2013 2014 2013 Total mortgage portfolio balance (net of individual allowance) $ 17,746,378 $ 17,725,745 $ 17,305,488 $ 17,119,866 $ 17,248,478 $ 17,380,279 $ 17,151,917 $ 16,780,658 $ 17,746,378 $ 17,248,478 Percentage of residential mortgages 93.8% 94.0% 94.1% 94.2% 94.2% 94.4% 94.3% 94.2% 93.8% 94.2% Percentage of non-residential mortgages 6.2% 6.0% 5.9% 5.8% 5.8% 5.6% 5.7% 5.8% 6.2% 5.8% Percentage of mortgage portfolio insured 1 27.7% 29.6% 32.2% 34.6% 36.8% 39.5% 41.4% 42.8% 27.7% 36.8% Percentage of mortgages current 97.9% 98.0% 97.9% 97.8% 97.6% 97.7% 97.8% 97.7% 97.9% 97.6% Percentage of total mortgages over 90 days past due 0.34% 0.34% 0.38% 0.37% 0.47% 0.43% 0.38% 0.37% 0.34% 0.47% 1 Insured loans are loans insured against default by CMHC or another approved insurer either individually at origination or by portfolio.