Komplett Bank Annual Report 2020

Note 3 Loans and deposits with credit institutions NOK million 31.12.2020 31.12.2019 Loans and deposits with credit institutions 1,204.2 614.7 of which bound funds constitute; Client funds (insurance brokering) 1.4 1.4 Other bound funds 26.4 16.5 Bound tax withholding funds 4.7 4.7 Note 4 Certificates and bonds THE BANK’S SECURITIES ARE DISTRIBUTED AS FOLLOWS AS AT 31.12.2020: NOK million Risk weight Book value Fair value Government certificates 0% 187.1 187.1 Government certificate funds 0% 851.6 851.6 Bonds with pre-emptive rights 10% 758.4 758.4 Bank certificates 20% 51.0 51.0 Total 1,848.0 1,848.0 THE BANK’S SECURITIES ARE DISTRIBUTED AS FOLLOWS AS AT 31.12.2019: NOK million Risk weight Book value Fair value Government certificates 0% 398.2 398.2 Government certificate funds 0% 840.8 840.8 Bonds with pre-emptive rights 10% 90.8 90.8 Bank certificates 20% - - Total 1,329.8 1,329.8 In 2020, the Bank achieved an effective weighted interest income rate of 0.14 per cent (0.74 per cent in 2019). This is calculated based on actual interest income from certificated and bonds the last 12 months divided by the average monthly balance. 84 Notes to the financial statements