VersaBank(VBNK) - 2023 Q3 - Quarterly Report

Exhibit 99.1 Interim Consolidated Financial Statements July 31, 2023 (Unaudited) 1 VERSABANK Consolidated Balance Sheets (Unaudited) (thousands of Canadian dollars) July 31 October 31 July 31 As at 2023 2022 2022 Assets Cash $ 87,726 $ 88,581 $ 84,214 Securities (note 4) 182,944 141,564 133,682 Loans, net of allowance for credit losses (note 5) 3,661,672 2,992,678 2,814,121 Other assets (note 6) 48,503 43,175 43,326 $ 3,980,845 $ 3,265,998 $ 3,075,343 Liabilities and Shareholders' Equity Deposits $ 3,328,01 ...