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 |
457.87 |
447.91 |
423.31 |
391.32 |
349.40 |
Interest and Dividend Income, Securities |
15.27 |
15.94 |
15.99 |
16.03 |
-18.12 |
Other Interest and Dividend Income |
10.42 |
6.58 |
6.09 |
5.33 |
3.78 |
Other Income |
41.81 |
38.21 |
35.84 |
30.14 |
56.23 |
Total Interest Income |
525.37 |
508.64 |
481.23 |
442.82 |
391.28 |
Interest Expense, Deposits |
208.88 |
193.13 |
162.20 |
109.42 |
60.72 |
Interest Expense, Short-term Borrowings |
10.19 |
10.02 |
9.60 |
6.28 |
2.03 |
Other Intrest Expenses |
52.91 |
51.24 |
51.52 |
53.10 |
39.55 |
Total Interest Expense |
271.97 |
254.39 |
223.31 |
168.81 |
102.29 |
Net Interest Income |
253.40 |
254.24 |
257.92 |
274.01 |
288.99 |
Provision
for loan losses |
21.01 |
21.94 |
22.10 |
17.97 |
19.99 |
Total Net Interest Income |
232.40 |
232.30 |
235.82 |
256.04 |
269.00 |
Fees and Commissions, Mortgage Banking and Servicing |
1.62 |
6.50 |
7.77 |
3.55 |
2.24 |
Revenue From Contract With Customer Including Assessed Tax |
11.53 |
11.51 |
11.40 |
10.59 |
11.17 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
2.85 |
2.34 |
2.08 |
2.42 |
4.10 |
Related Acquisition Asset Losses Net Of Asset Gains |
- |
- |
- |
- |
- |
Card Based And Other Nondeposit Fees |
- |
- |
- |
- |
- |
Capital Market Fees Net |
-15.54 |
5.37 |
5.09 |
5.08 |
- |
Noninterest Income In Scope of Topic |
-61.50 |
20.83 |
20.48 |
20.19 |
- |
Bank and Corporate Owned Life Insurance Income |
- |
- |
- |
- |
- |
Debt And Equity Securities Realized Gain Loss |
- |
- |
- |
- |
- |
Debt Securities Available For Sale Realized Gain Loss Excluding Other Than Temporary Impairment |
-0.05 |
-0.01 |
0.01 |
0.05 |
- |
Gain (Loss) on Disposition of Assets and Other Investments |
-0.14 |
0.63 |
-0.30 |
0.26 |
1.32 |
Other Non-Interest Income |
-114.12 |
-30.77 |
-31.89 |
-31.16 |
7.64 |
Intereston F H L B Funding |
49.17 |
48.14 |
49.26 |
49.96 |
36.82 |
Loan And Foreclosure Costs |
-4.82 |
2.05 |
1.64 |
1.14 |
-1.63 |
Total Noninterest Income |
-131.01 |
66.58 |
65.54 |
62.07 |
61.66 |
Total Revenues |
101.38 |
298.88 |
301.36 |
318.11 |
330.66 |
Salaries & employee benefits, SGA |
8.35 |
7.10 |
7.11 |
5.85 |
209.34 |
Depriciation & Amortization |
2.20 |
2.20 |
2.20 |
2.20 |
2.20 |
Foreclosed Real Estate Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
14.43 |
14.13 |
13.59 |
15.06 |
-26.86 |
Professional Fees |
6.76 |
4.46 |
4.83 |
3.86 |
14.09 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
41.50 |
9.15 |
9.55 |
6.88 |
6.35 |
Other Noninterest Expense |
12.11 |
8.77 |
8.48 |
7.48 |
10.62 |
Legal And Professional Fees |
- |
- |
- |
- |
-9.96 |
Loan Expense |
5.41 |
- |
- |
- |
5.93 |
Other loss/ -income |
148.63 |
150.40 |
144.92 |
146.09 |
-19.55 |
Total Operating
Expenses |
239.39 |
196.21 |
190.67 |
187.41 |
196.56 |
Total Costs & Expenses |
511.36 |
450.60 |
413.99 |
356.22 |
298.85 |
Income /-loss before income taxes |
-138.01 |
102.67 |
110.69 |
130.70 |
134.09 |
Income taxes expenses/-benefit |
-47.20 |
19.43 |
23.53 |
27.34 |
25.33 |
Income after income taxes |
-90.81 |
83.25 |
87.15 |
103.36 |
108.76 |
Net income/-loss
of other equity |
0.00 |
- |
- |
0.00 |
- |
Income /-loss after income taxes |
-90.81 |
83.25 |
87.15 |
103.36 |
108.76 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
-90.81 |
83.25 |
87.15 |
103.36 |
108.76 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
2.88 |
2.88 |
2.88 |
2.88 |
2.88 |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
-93.68 |
80.37 |
84.28 |
100.49 |
105.89 |