VersaBank(VBNK) - 2025 Q2 - Quarterly Report

Exhibit 99.1 Interim Consolidated Financial Statements April 30, 2025 (Unaudited) 1 VERSABANK Consolidated Balance Sheets (Unaudited) (thousands of Canadian dollars) | | | April 30 | | October 31 | | April 30 | | --- | --- | --- | --- | --- | --- | --- | | As at | | 2025 | | 2024 | | 2024 | | Assets | | | | | | | | Cash | $ | 340,186 | $ | 225,254 | $ | 198,808 | | Securities (note 4) | | 104,807 | | 299,300 | | 103,769 | | Credit assets, net of allowance for credit losses (note 5) | | 4,523,812 | | 4,236,1 ...