Cash flow Statement (Quarterly, GAAP
in millions $) |
(Dec 31 2023) 12 Months |
(Sep 30 2023) 9 Months |
(Jun 30 2023) 6 Months |
(Mar 31 2023) 3 Months |
(Dec 31 2022) 12 Months |
Income |
17.81 |
10.27 |
2.72 |
6.87 |
29.06 |
Depreciation & amortization |
1.52 |
1.02 |
0.53 |
0.26 |
1.03 |
Amortization of Other Assets |
-3.12 |
-2.39 |
-0.83 |
-0.53 |
-1.95 |
Extraordinary Item, Gain (Loss), Insurance Assets, Accretion Expense
|
- |
- |
- |
- |
- |
Restructuring & Impairment Charges |
- |
- |
- |
- |
- |
Provision for Loan, Lease, and Other Losses |
5.53 |
5.33 |
4.85 |
- |
1.68 |
Inventories Decrease /-Increase |
- |
- |
- |
- |
- |
R & D, Environmental and Other Expense |
- |
- |
- |
- |
- |
Gain (Loss) on Disposition of Assets |
- |
- |
- |
- |
- |
Share-based Compensation |
0.31 |
- |
- |
- |
0.34 |
Income (Loss) from Equity Method Investments |
- |
- |
- |
- |
- |
Financial Instruments and Foreign Currency Transaction |
-88.63 |
-54.18 |
-12.94 |
-1.67 |
-10.22 |
Bank Owned Life Insurance Income |
-0.94 |
-0.45 |
-0.22 |
-0.64 |
-0.42 |
Dividends Paidinkind |
-0.10 |
-0.07 |
-0.03 |
-0.48 |
-0.49 |
Income taxes |
1.26 |
-1.60 |
-2.09 |
2.66 |
-0.37 |
Gain (Loss) on Sale of Securities, Net |
- |
- |
- |
- |
- |
Increase (Decrease) in Accrued Interest Receivable, Net |
-1.49 |
-0.77 |
0.28 |
0.16 |
-2.10 |
Accounts Payable |
- |
- |
- |
- |
- |
Increase (Decrease) in Interest Payable, Net |
2.18 |
0.61 |
0.14 |
0.54 |
0.52 |
Deferred Revenue and Customer Advances and Deposits |
- |
- |
- |
- |
- |
Increase (Decrease) in Prepaid Expense |
- |
- |
- |
- |
- |
Other Working Capital |
- |
- |
- |
- |
- |
Other Noncash Items |
- |
- |
- |
- |
- |
Other net |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Operating Activities |
89.39 |
53.08 |
10.76 |
2.37 |
13.53 |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Operating Activities |
26.54 |
10.33 |
2.90 |
10.41 |
33.24 |
Capital Expenditures |
-2.62 |
-2.31 |
-1.93 |
-0.21 |
-1.63 |
Sale of Capital Items |
- |
- |
- |
- |
- |
Short-term Investments Proceeds |
113.64 |
105.48 |
96.91 |
4.70 |
41.07 |
Payments to Acquire Available-for-sale Securities, Debt |
-10.25 |
-10.25 |
-10.25 |
- |
-118.13 |
Proceeds from Sale of Foreclosed Assets |
0.34 |
0.31 |
0.23 |
0.14 |
1.13 |
Purchase Of Regulatory Stock |
- |
- |
- |
- |
- |
Payments To Acquire Interest Bearing Time Deposits In Other Banks |
- |
- |
- |
-3.72 |
-2.48 |
Proceeds From Matured Interest Bearing Time Deposits With Other Banks |
1.49 |
1.24 |
- |
5.95 |
5.46 |
Investments In Low Income Housing Partnerships |
-0.62 |
-0.59 |
-0.08 |
-0.95 |
-0.95 |
Restricted Cash and Investments Increase (Decrease) |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Loans and Leases |
-43.95 |
-42.16 |
40.12 |
2.20 |
-281.39 |
Payments for (Proceeds from) Deposits |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Investments |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Federal Reserve and Federal Home Loan Bank |
-4.21 |
-2.17 |
-1.95 |
-1.53 |
-7.34 |
Payments to Acquire Businesses, Net of Cash Acquired |
4.91 |
4.91 |
4.91 |
- |
- |
Interest in Subsidiaries and Affiliates |
- |
- |
- |
- |
- |
Sale of businesses |
- |
- |
- |
- |
- |
Accounts payable |
- |
- |
- |
- |
- |
Receivables |
- |
- |
- |
- |
- |
Proceeds from Life Insurance Policies |
1.10 |
1.10 |
- |
- |
2.73 |
Other Net |
- |
0.00 |
0.00 |
- |
0.00 |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Investing Activities |
59.47 |
55.78 |
128.69 |
5.22 |
-362.45 |
Short-term debt Net |
-34.57 |
-20.12 |
-17.73 |
30.78 |
188.01 |
Other borrowing transactions |
- |
- |
- |
- |
- |
Long-term debt - borrowings |
40.00 |
20.00 |
20.00 |
- |
- |
Long-term debt - repayments |
- |
- |
- |
- |
-4.73 |
Federal Home Loan Bank and Federal Funds |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Comm. Stock |
-0.23 |
-0.24 |
- |
- |
-1.17 |
Partnership and Parent Transactions |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Pref. Stock |
- |
- |
- |
- |
- |
Deposits, Annuities, Contract Holders Funds |
-56.09 |
-42.44 |
-111.47 |
-44.52 |
8.06 |
Other financing activities net |
- |
- |
- |
- |
- |
Other net |
0.00 |
0.00 |
- |
0.00 |
- |
Payments For Repurchase Of Restricted Stock |
- |
- |
- |
- |
- |
Payments of Dividends, Preferred Stock and Preference Stock |
- |
- |
- |
- |
- |
Dividends paid |
-8.50 |
-6.20 |
-3.89 |
-1.93 |
-7.59 |
Net Cash flow from
Financing Activities |
-59.40 |
-48.99 |
-113.10 |
-15.67 |
182.59 |
Effect of exchange rate on cash flow |
- |
- |
- |
- |
- |
Discontinued operations |
- |
- |
- |
- |
- |
Free
Cash Flow |
23.92 |
8.02 |
0.98 |
10.20 |
31.61 |
Total Cash Flow |
26.61 |
17.13 |
18.50 |
-0.04 |
-146.62 |
Cash & cash equiv. at beg.
of the Year |
- |
- |
- |
- |
- |
Cash & cash equivalents at
end of period |
- |
- |
- |
- |
- |
Cash Interests paid |
- |
- |
- |
- |
- |
Cash Income taxes paid |
- |
- |
- |
- |
- |