Yorkshire has announced a record year for 2006 with underlying mortgage asset growth of 10.4% up to 13.3bn.
Gross lending was up 26% to 4bn and net lending was up 52% to 1.3bn year-on-year.
Member savings balance grew by 10.6% to 11.3bn and net retail inflow stood at 791m, which was up 84% on 2005.
Management expense ratio reduced to a record low of 69p per 100 of assets, down from 73p in 2005.
Pre-tax profits were up 12% to 77.9m while the group net interest margin was down 1% from 2005 at 0.97%.
The group solvency ratio strengthened from 13.1% in 2005 to 14.8% in 2006 and the reserve ratio was maintained at 5.2%.
Iain Cornish, chief executive of Yorkshire, says: Our success has been built on offering a wide range of innovative and good value products, which meet the needs of our customers, doing so in a way which matches or exceeds their service expectations and making sure that we run the business as efficiently as possible.
2007 will be a year of greater economic uncertainty and no less competition but we believe that the underlying UK economy is resilient.
The Yorkshire remains very focused on a clear strategy of organic development of the business and we will be making further investment to improve the experience of our customers and to improve the efficiency of our operations.
Given our strong starting position, I am extremely confident about our future.