Profit performance

QUARTERLY PROFIT (NOK million)	Q3 2021	Q2 2021	Q1 2021	Q4 2020	Q3 2020
Net interest income	96	90	88	95	100
Other operating income	5	3	1	0	0
Total operating costs	12	14	13	12	11
Profit before impairment on loans	89	79	76	83	89
Impairment on loans	0	0	0	-1	-1
Pre tax profit	89	79	76	84	90
Tax	20	17	17	18	20
Profit after tax	69	62	59	66	70

As a percentage of average assets:
Net interest income	1.22	1.16	1.16	1.31	1.32
Other operating income	0.07	0.03	0.02	0.00	0.00
Total operating costs	0.16	0.17	0.18	0.17	0.16
Profit before impairment on loans	1.13	1.02	1.00	1.14	1.16
Impairment on loans	0.00	0.01	0.00	-0.02	-0.01
Pre tax profit	1.13	1.01	1.00	1.16	1.17
Tax	0.25	0.22	0.22	0.26	0.26
Profit after tax	0.88	0.79	0.78	0.90	0.91

Average total assets (NOK million)	31 444	31 230	30 249	29 043	30 443

ACCUMULATED PROFIT FOR THE YEAR (NOK million)	30.09.2021	30.09.2020	31.12.2020
Net interest income	274	250	345
Other operating income	9	-1	-1
Total operating costs	39	37	49
Profit before impairment on loans	244	212	295
Impairment on loans	0	2	1
Pre tax profit	244	210	294
Tax	54	46	64
Profit after tax	190	164	230

As a percentage of average assets:
Net interest income	1.18	1.16	1.20
Other operating income	0.04	-0.01	0.00
Total operating costs	0.17	0.17	0.17
Profit before impairment on loans	1.05	0.98	1.03
Impairment on loans	0.00	0.01	0.00
Pre tax profit	1.05	0.97	1.03
Tax	0.23	0.21	0.22
Profit after tax	0.82	0.76	0.81

Average total assets (NOK million)	30 974	28 736	28 813