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 |
50.86 |
35.75 |
19.18 |
72.95 |
52.31 |
Depreciation & amortization |
9.97 |
6.87 |
3.49 |
15.06 |
11.50 |
Amortization of Other Assets |
- |
- |
- |
- |
- |
Extraordinary Item, Gain (Loss), Insurance Assets, Accretion Expense
|
- |
- |
- |
- |
- |
Asset Impairment Charges |
- |
- |
- |
- |
- |
Provision for Loan and Lease Losses |
5.55 |
-0.36 |
-0.82 |
4.81 |
4.00 |
Inventories Decrease /-Increase |
- |
- |
- |
- |
- |
R & D, Environmental and Other Expense |
- |
- |
- |
- |
- |
Gain (Loss) on Disposition of Assets |
-0.87 |
-0.52 |
-0.21 |
-1.03 |
-0.98 |
Share-based Compensation |
1.21 |
0.74 |
0.31 |
1.80 |
1.34 |
Income (Loss) from Equity Method Investments |
- |
- |
- |
- |
- |
Financial Instruments and Foreign Currency Transaction |
-4.96 |
-1.86 |
-0.45 |
3.57 |
3.34 |
Other Than Temporary Impairment Losses Recognized In Earnings |
- |
- |
- |
- |
- |
Gains Losses On Sales Of Other Real Estate |
1.23 |
0.07 |
0.07 |
0.07 |
-0.21 |
Gain Loss On Redemption Of Bank Owned Life Insurance |
-0.98 |
-0.98 |
-0.72 |
-0.46 |
-0.49 |
Increase Decrease In Other Investments |
- |
- |
- |
- |
- |
Increase Decrease In Other Investments |
- |
- |
- |
- |
- |
Income taxes |
- |
- |
- |
-2.23 |
- |
Losses/ -gains on Investments net |
- |
- |
- |
- |
- |
Increase (Decrease) in Accrued Interest Receivable, Net |
-4.09 |
-0.62 |
-0.37 |
-6.72 |
-4.34 |
Accounts Payable |
- |
- |
- |
- |
- |
Increase (Decrease) in Interest Payable, Net |
2.31 |
0.99 |
1.38 |
1.54 |
1.21 |
Deferred Revenue and Customer Advances and Deposits |
- |
- |
- |
- |
- |
Increase (Decrease) in Deferred Income Taxes |
- |
- |
- |
- |
- |
Other Working Capital |
-10.92 |
-0.40 |
-0.82 |
-19.78 |
-11.87 |
Other Noncash Items |
- |
- |
- |
- |
- |
Other net |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Operating Activities |
-5.75 |
-1.53 |
-0.74 |
-3.09 |
-2.26 |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Operating Activities |
43.57 |
38.16 |
20.31 |
65.82 |
54.26 |
Capital Expenditures |
-3.02 |
-1.91 |
-0.94 |
-5.02 |
- |
Sale of Capital Items |
- |
- |
- |
- |
- |
Short-term Investments Proceeds |
346.77 |
54.20 |
25.73 |
185.99 |
- |
Payments to Acquire Available-for-sale Securities, Debt |
-1.06 |
-1.08 |
-1.09 |
-12.75 |
- |
Proceeds from Sale of Other Real Estate |
1.75 |
0.77 |
0.73 |
1.00 |
- |
Net Cash Used In Provided By Acquisition |
44.62 |
-10.04 |
- |
- |
- |
Payments to Acquire Restricted Certificates of Deposit |
- |
-0.25 |
-0.25 |
-0.25 |
- |
Payments for (Proceeds from) Loans and Leases |
21.08 |
14.51 |
65.54 |
-416.20 |
- |
Payments for (Proceeds from) Deposits |
- |
- |
- |
- |
- |
Proceeds from Maturities, Prepayments and Calls of Other Investments |
0.69 |
- |
- |
1.23 |
- |
Proceeds from Federal Home Loan Bank Advances |
150.00 |
160.00 |
170.00 |
359.75 |
- |
Cash Acquired from Acquisition |
- |
- |
- |
67.32 |
- |
Interest in Subsidiaries and Affiliates |
- |
- |
- |
- |
- |
Sale of businesses |
- |
- |
- |
- |
- |
Accounts payable |
- |
- |
- |
- |
- |
Receivables |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Investing Activities |
1.80 |
0.98 |
- |
- |
- |
Other Net |
-150.00 |
-160.00 |
-170.00 |
-359.75 |
- |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Investing Activities |
412.63 |
57.17 |
89.73 |
-178.69 |
- |
Short-term debt Net |
- |
- |
- |
- |
- |
Other borrowing transactions |
- |
- |
- |
- |
- |
Long-term debt - borrowings |
- |
- |
- |
- |
- |
Long-term debt - repayments |
- |
- |
- |
- |
- |
Proceeds from (Payments for) in Securities Sold under Agreements to Repurchase |
- |
- |
- |
39.62 |
- |
Issuances/ -repurchases
of Comm. Stock |
0.78 |
0.54 |
0.33 |
0.88 |
- |
Partnership and Parent Transactions |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Pref. Stock |
- |
- |
- |
- |
- |
Increase (Decrease) in Deposits |
-105.65 |
-37.42 |
-226.22 |
-259.86 |
- |
Other financing activities net |
- |
- |
- |
- |
- |
Other net |
-107.08 |
-27.89 |
136.60 |
333.51 |
- |
Transfer Of Other Real Estate |
- |
- |
- |
- |
- |
Dividends Reinvested In Common Stock |
- |
- |
- |
- |
- |
Conversion Of Stock Amount Converted |
- |
- |
- |
- |
- |
Transfer To Other Real Estate |
0.65 |
0.65 |
0.65 |
0.20 |
0.20 |
Federal Funds Purchased |
- |
- |
- |
- |
- |
Repayments Of Junior Subordinated Debt |
- |
- |
- |
- |
- |
Payments of Ordinary Dividends, Preferred Stock and Preference Stock |
- |
- |
- |
- |
- |
Dividends paid |
-14.10 |
-9.40 |
-4.70 |
-17.83 |
- |
Net Cash flow from
Financing Activities |
-225.40 |
-73.51 |
-93.34 |
96.70 |
- |
Effect of exchange rate on cash flow |
- |
- |
- |
- |
- |
Discontinued operations |
- |
- |
- |
- |
- |
Free
Cash Flow |
40.55 |
36.25 |
19.36 |
60.80 |
54.26 |
Total Cash Flow |
230.80 |
21.82 |
16.70 |
-16.17 |
- |
Cash & cash equiv. at beg.
of the Year |
- |
- |
- |
- |
- |
Cash & cash equivalents at
end of period |
- |
- |
- |
- |
- |
Cash Interests paid |
- |
- |
- |
- |
- |
Cash Income taxes paid |
- |
- |
- |
22.99 |
- |