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 |
4.92 |
3.13 |
1.73 |
8.32 |
6.22 |
Depreciation & amortization |
0.43 |
0.29 |
0.15 |
0.63 |
0.48 |
Amortization of Other Assets |
-0.03 |
-0.02 |
-0.02 |
0.45 |
0.45 |
Extraordinary Item, Gain (Loss), Insurance Assets, Accretion Expense
|
- |
- |
- |
- |
- |
Restructuring & Impairment Charges |
- |
- |
- |
- |
- |
Provision for Loan and Lease Losses |
- |
- |
0.24 |
0.46 |
0.35 |
Inventories Decrease /-Increase |
- |
- |
- |
- |
- |
R & D, Environmental and Other Expense |
- |
- |
- |
- |
- |
Gain (Loss) on Disposition of Assets |
- |
- |
- |
- |
- |
Share-based Compensation |
0.11 |
0.07 |
0.03 |
0.18 |
0.15 |
Income (Loss) from Equity Method Investments, Net of Dividends or Distributions |
- |
- |
- |
- |
- |
Gain (Loss) on Sale of Mortgage Loans |
-0.04 |
-0.02 |
-0.01 |
-0.03 |
-0.02 |
Impairment Of Investments |
- |
- |
- |
- |
- |
Bank Owned Life Insurance Income |
-0.17 |
-0.11 |
-0.06 |
-0.16 |
-0.12 |
Increase In Accrued Interest Receivable And Other Assets |
-2.00 |
-1.36 |
-1.15 |
-1.25 |
-0.58 |
Amortization Of Investment In Low Income Housing Partnership |
0.27 |
0.19 |
0.11 |
0.60 |
0.40 |
Deferred Net Loan Origination Costs Fees |
-0.40 |
-0.26 |
-0.11 |
-0.47 |
-0.30 |
Income taxes |
0.03 |
0.01 |
0.25 |
0.13 |
-0.05 |
Gain (Loss) on Sale of Investments |
- |
- |
- |
1.45 |
1.45 |
Accounts Receivable |
- |
- |
- |
- |
- |
Accounts Payable |
- |
- |
- |
- |
- |
Accrued Expense |
- |
- |
- |
- |
- |
Recognition of Deferred Revenue |
- |
- |
- |
- |
- |
Prepaid Expense and Other Assets |
- |
- |
- |
- |
- |
Other Working Capital |
- |
- |
- |
- |
- |
Other Noncash Items |
- |
- |
- |
- |
- |
Other net |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Operating Activities |
1.21 |
0.18 |
0.39 |
0.17 |
0.14 |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Operating Activities |
4.33 |
2.09 |
1.55 |
9.94 |
7.88 |
Capital Expenditures |
-0.14 |
-0.08 |
-0.05 |
-0.45 |
-0.36 |
Sale of Capital Items |
0.02 |
0.02 |
- |
- |
- |
Short-term Investments Proceeds |
14.47 |
8.83 |
4.16 |
55.31 |
49.75 |
Payments to Acquire Available-for-sale Securities, Debt |
- |
- |
- |
-53.30 |
-53.30 |
Proceeds from Sale of Other Real Estate |
- |
- |
- |
0.15 |
0.09 |
Proceeds From Sale Of Other Assets |
- |
- |
- |
- |
- |
Available For Sale Securities Gross Realized Gains Losses Sale Proceeds |
- |
- |
- |
- |
- |
Proceeds From Sale Of Student Loans |
- |
- |
- |
- |
- |
Purchases Of Bank Owned Life Insurance And Annuities |
-0.03 |
-0.01 |
-0.01 |
-0.03 |
-0.02 |
Payments to Acquire Restricted Investments |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Loans and Leases |
-29.12 |
-20.33 |
-3.85 |
-65.82 |
-43.96 |
Payments for (Proceeds from) Deposits |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Investments |
- |
- |
- |
- |
- |
Proceeds from Sale of Federal Home Loan Bank Stock |
1.19 |
1.18 |
0.35 |
-1.55 |
-0.99 |
Cash Acquired from Acquisition |
17.38 |
17.41 |
- |
- |
- |
Interest in Subsidiaries and Affiliates |
- |
- |
- |
- |
- |
Sale of businesses |
- |
- |
- |
- |
- |
Accounts payable |
- |
- |
- |
- |
- |
Proceeds from Sale of Loans Receivable |
- |
- |
- |
- |
- |
Proceeds from Life Insurance Policies |
0.77 |
0.77 |
- |
3.02 |
3.02 |
Other Net |
0.00 |
- |
- |
- |
0.00 |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Investing Activities |
4.54 |
7.79 |
0.60 |
-62.68 |
-45.77 |
Short-term debt Net |
- |
- |
- |
- |
- |
Other borrowing transactions |
- |
- |
- |
- |
- |
Long-term debt - borrowings |
- |
- |
- |
- |
- |
Long-term debt - repayments |
- |
- |
- |
- |
- |
Increase (Decrease) in Federal Funds Purchased and Securities Sold under Agreements to Repurchase, Net |
-16.07 |
-13.88 |
-12.89 |
51.48 |
31.64 |
Issuances/ -repurchases
of Comm. Stock |
0.05 |
0.05 |
-0.01 |
0.07 |
0.07 |
Partnership and Parent Transactions |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Pref. Stock |
- |
- |
- |
- |
- |
Increase (Decrease) in Deposits |
27.22 |
9.73 |
12.75 |
3.07 |
9.39 |
Other financing activities net |
- |
- |
- |
- |
- |
Other net |
0.00 |
0.00 |
0.00 |
- |
- |
Net Decrease In Securities Sold Under Agreements To Repurchase |
- |
- |
- |
- |
- |
Payments For Proceeds From Stock Issued For Emplyee Benefits Plan |
- |
- |
- |
- |
- |
Proceeds From Federal Reserve Bank Advances |
- |
- |
- |
- |
- |
Repayments Of Federal Reserve Bank Advances |
- |
- |
- |
- |
-27.96 |
Payments of Dividends, Preferred Stock and Preference Stock |
- |
- |
- |
- |
- |
Dividends paid |
-3.31 |
-2.20 |
-1.10 |
-4.40 |
-3.30 |
Net Cash flow from
Financing Activities |
7.90 |
-6.31 |
-1.25 |
50.21 |
37.80 |
Effect of exchange rate on cash flow |
- |
- |
- |
- |
- |
Discontinued operations |
- |
- |
- |
- |
- |
Free
Cash Flow |
4.21 |
2.03 |
1.51 |
9.49 |
7.52 |
Total Cash Flow |
16.77 |
3.57 |
0.90 |
-2.53 |
-0.10 |
Cash & cash equiv. at beg.
of the Year |
- |
- |
- |
- |
- |
Cash & cash equivalents at
end of period |
- |
- |
- |
- |
- |
Cash Interests paid |
- |
- |
- |
- |
- |
Cash Income taxes paid |
0.71 |
0.69 |
0.22 |
0.43 |
0.40 |