INCOME STATEMENT (Quarterly GAAP In millions $) |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
(Sep 30 2022) III. Quarter |
Interest Income, Operating |
40.14 |
40.22 |
40.86 |
42.09 |
41.41 |
Total Interest Income |
40.14 |
40.22 |
0.00 |
42.09 |
41.41 |
Debt Securities Available For Sale Realized Gain Loss |
- |
-1.10 |
-82.82 |
9.03 |
-0.04 |
Other Intrest Expenses |
- |
- |
1.62 |
28.30 |
- |
Total Interest Expense |
36.98 |
36.21 |
4.36 |
37.32 |
35.71 |
Net Interest Income |
3.16 |
4.01 |
4.36 |
4.77 |
5.70 |
Provision
for loan losses |
- |
- |
- |
- |
- |
Total Net Interest Income |
3.16 |
4.01 |
4.36 |
4.77 |
5.70 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
- |
- |
- |
- |
- |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Noninterest Income, Other |
- |
- |
- |
- |
- |
Unrealized Gain Loss On Securities |
- |
- |
- |
- |
- |
Loss/ -Gain on Investment |
- |
- |
- |
-4.78 |
- |
Other Non-Interest Income |
1.16 |
1.01 |
- |
4.40 |
4.88 |
Unrealized Gain Loss On Investments |
-7.36 |
-6.85 |
90.32 |
2.43 |
-43.58 |
Total Noninterest Income |
-6.21 |
-5.84 |
- |
2.05 |
-38.70 |
Total Revenues |
-3.04 |
-1.83 |
40.86 |
6.82 |
-33.00 |
Salaries & employee benefits, SGA |
1.11 |
1.11 |
1.06 |
3.83 |
1.19 |
Other Operating Costs |
- |
0.29 |
0.29 |
- |
0.34 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
- |
- |
- |
- |
- |
Professional Fees |
0.34 |
1.55 |
1.42 |
1.60 |
1.63 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
- |
- |
- |
- |
- |
Management Fee Related Party |
0.97 |
0.96 |
- |
0.99 |
0.85 |
Other Operating Costs Transaction Costs |
3.03 |
1.99 |
- |
0.72 |
2.64 |
Other loss/ -income |
3.35 |
- |
18.33 |
-2.40 |
- |
Total Operating
Expenses |
8.82 |
5.90 |
4.38 |
4.74 |
6.65 |
Total Costs & Expenses |
45.79 |
42.11 |
34.28 |
42.07 |
42.35 |
Income /-loss before income taxes |
-8.71 |
-8.64 |
6.58 |
-0.94 |
-39.74 |
Income taxes expenses/-benefit |
- |
-0.01 |
0.01 |
-0.11 |
0.27 |
Income after income taxes |
-8.71 |
-8.63 |
6.57 |
-0.83 |
-40.01 |
Net income/-loss
of other equity |
- |
- |
- |
0.00 |
- |
Income /-loss after income taxes |
-8.71 |
-8.63 |
6.57 |
-0.83 |
-40.01 |
Stockholders Equity Attributable to Noncontrolling Interest |
0.00 |
0.00 |
0.00 |
44.61 |
0.00 |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
-8.71 |
-8.63 |
6.57 |
-0.83 |
-40.01 |
Noncontrolling interests |
0.00 |
0.00 |
0.00 |
44.61 |
0.00 |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
-8.71 |
-8.63 |
6.57 |
-0.83 |
-40.01 |