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                                                                                                                                                                                       Impairment                                         Contents

                                                                                                                                                                                       coverage
            Strategic Report                                                                                                                                                           1.5%
                                                                                                                                                                                                                                          Contents





                                                                                                                                                                                       2020: 1.5%                                         Strategic Report

            Summary of Key
            Performance Metrics



                                                         Total equity                                                                                                    Cost of risk
                                                         £ 164m                                                                                                          38bps




                                                         2020:  150m                                                                                                     2020: 72bps                                                      Corporate Governance Statement
                                                              £
                 Pre-tax profit                                                                                                   Total capital ratio
                 £ 18.5m                                                                                                         23.0            %




                 2020:  11.2m                                                                                                    2020: 24.3 %
                      £



                                                                      Customer                                                                                                         Common equity

                                                                      deposit balances                                                                                                 tier 1 capital ratio                               Independent Auditor’s Report

                                                                      £  1,026m                                                                                                        19.9           %



                                    Gross lending                     2020:  917m                                                                   Cost to                            2020: 20.7 %
                                                                            £
                                    balances                                                                                                        income ratio

                                    £ 993m                                                                                                          51.0           %




                                    2020:  841m                                                                                                     2020: 55.6 %                                                                          Financial Statements
                                         £
                                                                                   Gross new                                                                                                       Liquidity

                                                                                   lending                                                                                                         coverage ratio

        Net interest                                                               £  323m                                                                                                         287           %
        margin                                                                                                                   ROCE ratio
        3.8        %                                                               2020:  220m                                   9.5        %                                                      2020: 419 %                            Notes to the Financial Statements
                                                                                         £


        2020: 3.7 %                                                                                                              2020: 6.4 %
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