INCOME STATEMENT (Quarterly GAAP In millions $) |
(Dec 31 2023) IV. Quarter |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
Interest and Fee Income, Loans and Leases |
-19.25 |
- |
- |
19.25 |
19.17 |
Interest and Dividend Income, Securities |
2.82 |
2.76 |
2.97 |
3.60 |
3.16 |
Other Interest and Dividend Income |
0.69 |
0.72 |
0.89 |
1.01 |
2.47 |
Other Income |
41.03 |
20.75 |
19.35 |
0.04 |
0.08 |
Total Interest Income |
25.28 |
24.23 |
23.21 |
23.91 |
24.89 |
Interest Expense, Domestic Deposits |
1.81 |
0.93 |
0.49 |
0.47 |
0.57 |
Interest Expense, Short-term Borrowings |
0.33 |
0.44 |
0.11 |
0.02 |
0.02 |
Interest Expense, Federal Home Loan Bank and Federal Reserve Bank Advances, Long-term |
1.65 |
1.12 |
0.63 |
0.33 |
0.26 |
Total Interest Expense |
3.79 |
2.49 |
1.22 |
0.82 |
0.85 |
Net Interest Income |
21.49 |
21.75 |
21.99 |
23.09 |
24.05 |
Provision
for loan losses |
0.79 |
0.25 |
-0.27 |
0.10 |
- |
Total Net Interest Income |
20.95 |
21.67 |
22.14 |
22.72 |
24.05 |
Insurance Commissions and Fees |
1.95 |
2.63 |
2.84 |
1.90 |
1.87 |
Revenue From Contract With Customer Excluding Assessed Tax |
1.01 |
1.00 |
0.99 |
0.96 |
1.02 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
0.25 |
0.41 |
0.29 |
0.17 |
-0.47 |
Impairment Charge On Reclassified Assets |
- |
- |
- |
- |
- |
Gain On Life Insurance Proceeds |
- |
- |
- |
- |
- |
Equity Securities F V N I Unrealized Gain Loss |
- |
- |
- |
- |
- |
Equity Securities Fv Ni Unrealized Gain Loss |
- |
- |
- |
0.02 |
0.05 |
Gain Loss On Life Insurance Proceeds |
- |
- |
- |
- |
- |
Debt Securities Available For Sale Realized Gain Loss |
- |
- |
- |
-0.19 |
- |
Interest And Fee Income Loans And Leases Taxable |
- |
- |
- |
- |
- |
Interest And Fee Income Loans And Leases Tax Exempt |
- |
- |
- |
- |
- |
Other Non-Interest Income |
-2.24 |
2.26 |
2.07 |
2.12 |
2.95 |
Total Noninterest Income |
0.97 |
6.30 |
6.19 |
4.98 |
5.42 |
Total Revenues |
21.92 |
27.96 |
28.34 |
27.70 |
29.47 |
Salaries & employee benefits, SGA |
0.44 |
0.48 |
0.46 |
0.49 |
16.40 |
Restructuring, Accretion & impairment charges |
- |
0.01 |
0.32 |
- |
- |
Depriciation & Amortization |
0.35 |
0.35 |
0.36 |
0.36 |
0.40 |
Foreclosed Real Estate Expense |
- |
- |
- |
- |
- |
Occupancy, Net |
0.93 |
0.94 |
1.00 |
1.04 |
0.98 |
Professional Fees |
0.72 |
0.62 |
0.60 |
0.38 |
0.76 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Supplies and Postage Expense |
0.18 |
0.23 |
0.20 |
0.21 |
0.19 |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
1.77 |
1.70 |
1.91 |
1.51 |
1.71 |
Fdic And Regulatory |
0.46 |
0.39 |
0.30 |
0.25 |
0.33 |
Other loss/ -income |
12.33 |
11.61 |
11.12 |
12.05 |
-4.89 |
Total Operating
Expenses |
17.17 |
16.34 |
16.28 |
16.28 |
16.67 |
Total Costs & Expenses |
20.96 |
18.83 |
17.50 |
17.10 |
17.52 |
Income /-loss before income taxes |
4.75 |
11.63 |
12.06 |
11.42 |
12.80 |
Income taxes expenses/-benefit |
0.65 |
2.58 |
2.53 |
2.40 |
2.60 |
Income after income taxes |
4.10 |
9.04 |
9.52 |
9.02 |
10.20 |
Net income/-loss
of other equity |
- |
- |
- |
- |
- |
Income /-loss after income taxes |
4.10 |
9.04 |
9.52 |
9.02 |
10.20 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
4.10 |
9.04 |
9.52 |
9.02 |
10.20 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
4.10 |
9.04 |
9.52 |
9.02 |
10.20 |