INCOME STATEMENT (Quarterly GAAP In millions $) |
(Dec 31 2016) IV. Quarter |
(Sep 30 2016) III. Quarter |
(Jun 30 2016) II. Quarter |
(Mar 31 2016) I. Quarter |
(Dec 31 2015) IV. Quarter |
Interest and Fee Income, Loans and Leases |
35.69 |
36.16 |
34.70 |
34.00 |
33.67 |
Interest and Dividend Income, Securities |
3.02 |
3.10 |
3.25 |
3.37 |
3.39 |
Interest Income, Federal Funds Sold |
0.05 |
0.05 |
0.04 |
0.07 |
0.03 |
Total Interest Income |
38.76 |
39.30 |
37.98 |
37.44 |
37.09 |
Interest Expense, Deposits |
4.62 |
4.79 |
4.54 |
4.47 |
4.46 |
Interest Expense, Other |
1.48 |
1.55 |
1.92 |
2.26 |
2.15 |
Total Interest Expense |
6.10 |
6.34 |
6.46 |
6.73 |
6.62 |
Net Interest Income |
32.66 |
32.97 |
31.52 |
30.71 |
30.47 |
Provision
for loan losses |
-1.93 |
0.99 |
0.43 |
0.25 |
0.45 |
Total Net Interest Income |
34.60 |
31.98 |
31.09 |
30.46 |
30.02 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
0.67 |
0.71 |
0.67 |
0.64 |
0.68 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
0.25 |
0.24 |
0.24 |
0.27 |
0.17 |
Management Fee |
- |
- |
- |
- |
- |
Loan Fees |
-0.91 |
0.60 |
- |
0.31 |
- |
Litigation Recovery On Previously Impaired Investment |
- |
- |
- |
- |
- |
Extinguishment of Debt |
- |
- |
3.64 |
- |
- |
Loss/ -Gain on Investment |
7.00 |
15.95 |
19.23 |
14.06 |
7.94 |
Other Non-Interest Income |
-1.24 |
- |
-3.28 |
-0.10 |
-3.36 |
Mortgage Loan Repurchases And Settlements |
- |
- |
- |
0.10 |
0.35 |
Bank Franchise Taxes |
3.34 |
- |
- |
- |
3.32 |
Total Noninterest Income |
9.11 |
17.49 |
20.49 |
15.27 |
9.09 |
Total Revenues |
43.70 |
49.47 |
51.58 |
45.73 |
39.11 |
Salaries & employee benefits, SGA |
19.95 |
17.33 |
16.04 |
15.50 |
18.55 |
Restructuring, Accretion & impairment charges |
1.81 |
2.28 |
- |
- |
0.00 |
Depriciation & Amortization |
0.84 |
0.91 |
0.99 |
1.01 |
1.03 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
4.08 |
4.12 |
3.97 |
3.94 |
3.77 |
Professional Fees |
0.39 |
0.73 |
0.55 |
1.14 |
1.03 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
0.52 |
0.52 |
0.52 |
0.52 |
0.52 |
Other Noninterest Expense |
-2.51 |
4.45 |
4.43 |
4.10 |
-3.28 |
Other loss/ -income |
3.34 |
- |
3.64 |
0.10 |
3.67 |
Total Operating
Expenses |
28.43 |
30.34 |
30.12 |
26.29 |
25.28 |
Total Costs & Expenses |
34.52 |
36.67 |
36.57 |
33.02 |
31.90 |
Income /-loss before income taxes |
15.28 |
19.13 |
21.47 |
19.43 |
13.83 |
Income taxes expenses/-benefit |
4.48 |
6.61 |
7.36 |
6.37 |
4.82 |
Income after income taxes |
10.80 |
12.52 |
14.10 |
13.07 |
9.01 |
Net income/-loss
of other equity |
0.00 |
- |
0.00 |
- |
0.00 |
Income /-loss after income taxes |
10.80 |
12.52 |
14.10 |
13.07 |
9.01 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
10.80 |
12.52 |
14.10 |
13.07 |
9.01 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
10.80 |
12.52 |
14.10 |
13.07 |
9.01 |