94 BARBADOS PUBLIC WORKERS’ CO-OPERATIVE CREDIT UNION LIMITED Barbados Public Workers’ Co-operative Credit Union Limited Notes to the Consolidated Financial Statements March 31, 2026 (expressed in Barbados dollars) 62 23 Commitments and Contingencies i) Loan commitments 2026 $ 2025 $ Consumer loans approved and pending disbursement 14,111,060 10,927,808 Mortgage loans approved and pending disbursement 43,205,629 44,878,179 Available balances on line of credit accounts 18,367,846 17,869,650 Gross commitments 75,684,535 73,675,637 The total expected credit loss (ECL) allowance on undrawn loan commitments at March 31, 2026 is as follows: 2026 2025 Gross carrying amount $ ECL $ Gross carrying amount $ ECL $ Consumer 14,111,060 76,443 10,927,808 56,680 Mortgages 43,205,629 45,552 44,878,179 56,760 57,316,689 121,995 55,805,987 113,440 Line of credits available 18,367,846 93,523 17,869,650 119,120 75,684,535 215,518 73,675,637 232,560 The movement in the expected credit loss allowance: 2026 $ 2025 $ Balance at beginning of year 232,560 259,695 Expected credit release (17,042) (27,135) Balance at end of year 215,518 232,560 The expected credit allowance for the undrawn loan commitments is included in other liabilities in Note 18.
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