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Landshypotek Bank Bank AB Landshypotek Interim report Q1 2021 January - March 2021 Per Lindblad , CEO of Landshypotek Bank comments on the first quarter of 2021 : We've kept the same good speed and momentum in the first quarter as we had at the end of 2020. More customers have found us and we are increasing our lending to new and existing customers in terms of home mortgages as well as for farms and forestry . Our first quarter lending growth of SEK 2.7 billion is one of the largest in the bank's history . Favourable growth , together with cost control , means we also posted healthy earnings for the quarter of SEK 116 million ( 99 ) . Moreover , we also launched several digital enhancements for customers in the quarter and started new partnerships that further strengthen the bank . It has been a good start to the year . January - March 2021 compared with January - March 2020 Operating profit amounted to SEK 116 million ( 99 ) . The underlying operating profit , excluding the net result of financial transactions , was SEK 116 million ( 93 ) . Net interest income amounted to SEK 233 million ( 211 ) . Costs totalled SEK 122 million ( 120 ) . • Net credit losses positively impacted earnings by SEK 4 million ( 2 ) . Loans to the public amounted to SEK 85.8 billion ( 77.1 ) . Deposits from the public amounted to SEK 14.7 billion ( 14.2 ) . ● ● ● ● ● Net interest income SEK million 250 200 150 100 50 0 Q1 Landshypotek Bank AB Q2 2020 Q3 Q4 Interim report January - March 2021 Q1 2021 January - March 2021 compared with October - December 2020 ● ● ● Operating profit amounted to SEK 116 million ( 106 ) . The underlying operating profit , excluding the net result of financial transactions , was SEK 116 million ( 116 ) . Net interest income amounted to SEK 233 million ( 235 ) . Costs totalled SEK 122 million ( 127 ) . Net credit losses positively impacted earnings by SEK 4 million ( 4 ) . Loans to the public amounted to SEK 85.8 billion ( 83.0 ) . Deposits from the public amounted to SEK 14.7 billion ( 14.7 ) . Loans to the public SEK billion 100 80 60 40 20 O Q1 HH Q3 Q2 2020 Page 1 Q4 Q1 2021