Cash flow Statement (Quarterly, GAAP
in millions $) |
(Sep 30 2023) 9 Months |
(Jun 30 2023) 6 Months |
(Mar 31 2023) 3 Months |
(Dec 31 2022) 12 Months |
(Sep 30 2022) 9 Months |
Income |
37.76 |
26.28 |
13.86 |
53.02 |
40.70 |
Depreciation & amortization |
3.26 |
2.20 |
1.12 |
4.46 |
3.35 |
Amortization of Other Assets |
- |
- |
- |
- |
- |
Extraordinary Item, Gain (Loss), Insurance Assets, Accretion Expense
|
- |
- |
- |
- |
- |
Restructuring & Impairment Charges |
- |
- |
- |
- |
- |
Provision for Loan, Lease, and Other Losses |
2.71 |
1.74 |
0.68 |
7.64 |
6.06 |
Inventories Decrease /-Increase |
- |
- |
- |
- |
- |
R & D, Environmental and Other Expense |
- |
- |
- |
- |
- |
Gain (Loss) on Disposition of Property Plant Equipment |
0.06 |
0.05 |
0.04 |
-0.29 |
-0.26 |
Share-based Compensation |
1.22 |
0.72 |
0.22 |
1.86 |
1.41 |
Income (Loss) from Equity Method Investments |
- |
- |
- |
- |
- |
Financial Instruments and Foreign Currency Transaction |
-2.18 |
-2.03 |
-0.83 |
8.49 |
8.29 |
Loss On Sale Of Other Real Estate |
- |
- |
- |
- |
- |
Gains Losses On Sales Of Other Assets |
- |
- |
- |
- |
- |
Fees And Commissions Received |
- |
- |
- |
- |
- |
Other Income |
- |
- |
- |
- |
- |
Gains Losses On Sales Of Other Real Estate |
- |
- |
- |
- |
- |
Proceeds From Fees And Commissions Received |
- |
- |
- |
- |
- |
Gain Loss On Sale Of Repossessed Assets |
0.01 |
0.00 |
0.00 |
-0.01 |
-0.01 |
Increase Decrease In Life Insurance And Annuities |
-1.37 |
-0.95 |
-0.44 |
-1.07 |
-0.72 |
Gain Loss On Lease Modification |
- |
- |
- |
- |
- |
Investment Income Amortization Of Discount And Premium |
2.16 |
1.43 |
0.72 |
3.18 |
2.32 |
Operating Lease Right Of Use Asset Amortization Expense |
0.33 |
0.22 |
0.11 |
0.29 |
0.19 |
Income taxes |
-0.67 |
-0.46 |
-0.04 |
-2.05 |
-1.92 |
Gain (Loss) on Sale of Securities, Net |
- |
- |
- |
- |
- |
Increase (Decrease) in Accrued Interest Receivable, Net |
-2.12 |
0.25 |
-0.53 |
-3.76 |
-2.23 |
Increase (Decrease) in Payables under Repurchase Agreements |
- |
- |
- |
- |
- |
Increase (Decrease) in Interest Payable, Net |
17.32 |
9.71 |
3.41 |
1.52 |
0.09 |
Deferred Revenue and Customer Advances and Deposits |
- |
- |
- |
- |
- |
Increase (Decrease) in Deferred Income Taxes |
- |
- |
- |
- |
- |
Other Working Capital |
8.77 |
6.33 |
4.32 |
-2.35 |
3.88 |
Other Noncash Items |
- |
- |
- |
- |
- |
Other net |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Operating Activities |
0.00 |
0.00 |
- |
1.62 |
0.28 |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Operating Activities |
67.27 |
45.48 |
22.63 |
73.21 |
62.05 |
Capital Expenditures |
-3.03 |
-2.11 |
-0.87 |
-5.02 |
-0.51 |
Sale of Capital Items |
- |
- |
- |
1.76 |
0.26 |
Short-term Investments Proceeds |
55.56 |
38.21 |
14.36 |
128.27 |
82.85 |
Payments to Acquire Available-for-sale Securities, Debt |
-4.31 |
-4.31 |
-4.31 |
-200.08 |
-175.29 |
Proceeds from Sale of Other Real Estate |
- |
- |
- |
- |
- |
Decrease Increase In Loans Made To Customers |
- |
- |
- |
- |
- |
Proceeds From Sale Of Other Real Estates |
- |
- |
- |
- |
- |
Payments To Acquire Bank Owned Life Insurance |
- |
- |
- |
- |
- |
Payments For Proceeds From Loans Made To Customers |
-380.87 |
-263.01 |
-114.77 |
-511.58 |
-291.04 |
Proceeds From Redemption Of Annuity Contracts |
0.42 |
0.36 |
0.26 |
- |
- |
Proceeds from Sale of Restricted Investments |
0.90 |
0.90 |
0.90 |
- |
0.73 |
Payments for (Proceeds from) Loans |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Deposits |
- |
- |
- |
- |
- |
Proceeds from Sale of Other Investments |
0.04 |
- |
- |
0.03 |
0.03 |
Payments for (Proceeds from) Federal Reserve and Federal Home Loan Bank |
- |
- |
- |
- |
- |
Acquisition Net of Cash Acquired |
- |
- |
- |
- |
- |
Interest in Subsidiaries and Affiliates |
- |
- |
- |
- |
- |
Sale of businesses |
- |
- |
- |
- |
- |
Accounts payable |
- |
- |
- |
- |
- |
Receivables |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Life Insurance Policies |
- |
- |
- |
-10.98 |
-10.73 |
Other Net |
- |
- |
0.00 |
0.73 |
0.00 |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Investing Activities |
-331.29 |
-229.97 |
-104.44 |
-758.90 |
-614.23 |
Short-term debt Net |
- |
- |
- |
- |
- |
Other borrowing transactions |
- |
- |
- |
- |
- |
Long-term debt - borrowings |
- |
- |
- |
- |
- |
Long-term debt - repayments |
- |
- |
- |
- |
- |
Federal Home Loan Bank and Federal Funds |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Comm. Stock |
13.53 |
6.97 |
6.64 |
16.75 |
16.28 |
Partnership and Parent Transactions |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Pref. Stock |
- |
- |
- |
0.04 |
0.04 |
Increase (Decrease) in Time Deposits |
694.52 |
579.16 |
299.58 |
173.70 |
7.19 |
Other financing activities net |
- |
- |
- |
- |
- |
Other net |
0.00 |
0.00 |
- |
0.00 |
- |
Net Increase In Non Interest Bearing Savings Now And Money Market Deposit Accounts |
- |
- |
- |
- |
- |
Proceeds From Sale Of Common Stock Pursuant To Dividend Reinvestment Plan |
- |
- |
- |
- |
- |
Net Increase In Non Interest Bearing Savings And Now Deposit Accounts |
- |
- |
- |
- |
- |
Increase Decrease In Securities Sold Under Repurchase Agreements |
- |
- |
- |
- |
- |
Increase Decrease In Noninterestbearing Savings And Now Deposits |
-401.03 |
-308.94 |
-142.94 |
183.40 |
178.78 |
Net Increase In Federal Home Loan Bank Advances |
- |
- |
- |
- |
- |
Escrow Payable Net |
1.58 |
-1.20 |
-1.34 |
8.33 |
4.25 |
Finance Lease Principal Payments |
-0.02 |
-0.02 |
-0.01 |
-0.02 |
-0.01 |
Payments of Dividends, Preferred Stock and Preference Stock |
- |
- |
- |
- |
- |
Dividends paid |
-17.30 |
-8.61 |
-8.61 |
-20.88 |
-20.88 |
Net Cash flow from
Financing Activities |
291.27 |
267.37 |
153.32 |
337.07 |
194.33 |
Effect of exchange rate on cash flow |
- |
- |
- |
- |
- |
Discontinued operations |
- |
- |
- |
- |
- |
Free
Cash Flow |
64.24 |
43.37 |
21.76 |
69.94 |
61.80 |
Total Cash Flow |
27.25 |
82.88 |
71.52 |
-348.63 |
-357.85 |
Cash & cash equiv. at beg.
of the Year |
- |
- |
- |
- |
- |
Cash & cash equivalents at
end of period |
- |
- |
- |
- |
- |
Cash Interests paid |
- |
- |
- |
- |
- |
Cash Income taxes paid |
- |
- |
- |
- |
- |