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 |
38.81 |
36.70 |
34.62 |
31.89 |
30.72 |
Interest and Dividend Income, Securities |
0.70 |
0.69 |
0.77 |
0.80 |
-3.84 |
Interest Income, Domestic Deposits |
1.87 |
1.81 |
1.67 |
0.48 |
1.27 |
Other Income |
2.94 |
2.92 |
2.95 |
2.95 |
7.75 |
Total Interest Income |
44.32 |
42.12 |
40.01 |
36.11 |
35.90 |
Interest Expense, Deposits |
10.51 |
9.73 |
8.51 |
5.59 |
3.74 |
Interest Expense, Junior Subordinated Debentures |
0.17 |
0.17 |
0.17 |
0.17 |
-0.12 |
Interest Expense, Debt |
2.24 |
2.14 |
2.37 |
- |
- |
Other Intrest Expenses |
5.79 |
4.72 |
3.18 |
2.26 |
1.71 |
Total Interest Expense |
18.71 |
16.76 |
14.24 |
8.02 |
5.33 |
Net Interest Income |
25.61 |
25.35 |
25.77 |
28.09 |
30.58 |
Provision
for loan losses |
0.53 |
0.35 |
0.95 |
1.55 |
1.41 |
Total Net Interest Income |
25.09 |
25.00 |
24.82 |
26.54 |
29.17 |
Insurance Commissions and Fees |
1.72 |
1.70 |
1.56 |
1.52 |
1.68 |
Revenue From Contract With Customer Excluding Assessed Tax |
2.36 |
2.38 |
2.43 |
2.28 |
2.26 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
- |
- |
- |
- |
- |
Debt And Equity Securities Gain Loss |
- |
- |
- |
- |
- |
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal |
- |
- |
- |
- |
- |
Other Non-Interest Income |
-6.32 |
-3.96 |
-3.81 |
-2.63 |
-1.60 |
Finance Lease Interest Expense |
0.05 |
0.05 |
0.05 |
0.05 |
0.05 |
Technology And Equipment Expense |
4.46 |
4.37 |
4.36 |
4.42 |
4.32 |
Interest Expense Time Deposits250000 Or More |
1.81 |
1.47 |
1.12 |
0.57 |
0.23 |
Interest Expense Other Time Deposits |
3.41 |
2.05 |
1.20 |
0.47 |
0.23 |
Total Noninterest Income |
7.48 |
8.05 |
6.91 |
6.68 |
7.17 |
Total Revenues |
32.57 |
33.05 |
31.73 |
33.22 |
36.34 |
Salaries & employee benefits, SGA |
11.69 |
11.99 |
12.04 |
11.95 |
11.60 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Occupancy, Net |
1.83 |
1.52 |
1.58 |
1.63 |
1.48 |
Professional Fees and Commission |
- |
- |
- |
- |
- |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
0.57 |
0.52 |
0.48 |
0.48 |
0.28 |
Other Noninterest Expense |
4.64 |
5.09 |
5.62 |
3.83 |
3.11 |
Other loss/ -income |
4.46 |
4.37 |
4.36 |
4.42 |
4.32 |
Total Operating
Expenses |
23.19 |
23.48 |
24.08 |
22.30 |
20.79 |
Total Costs & Expenses |
41.90 |
40.24 |
38.32 |
30.31 |
26.12 |
Income /-loss before income taxes |
18.76 |
19.14 |
15.29 |
21.84 |
31.09 |
Income taxes expenses/-benefit |
1.66 |
1.83 |
1.60 |
2.36 |
3.46 |
Income after income taxes |
17.11 |
17.31 |
13.69 |
19.48 |
27.63 |
Net income/-loss
of other equity |
- |
- |
- |
- |
- |
Income /-loss after income taxes |
17.11 |
17.31 |
13.69 |
19.48 |
27.63 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
17.11 |
17.31 |
13.69 |
19.48 |
27.63 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
9.38 |
9.57 |
7.65 |
10.92 |
15.54 |
Income/-loss to shareholder |
7.72 |
7.74 |
6.05 |
8.56 |
12.09 |