INCOME STATEMENT (Quarterly GAAP In millions $) |
(Sep 30 2023) III. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
(Sep 30 2022) III. Quarter |
(Dec 31 2021) IV. Quarter |
Interest and Fee Income, Loans and Leases |
13.15 |
12.28 |
-30.33 |
10.69 |
-30.33 |
Interest and Dividend Income, Securities |
1.75 |
1.77 |
1.17 |
1.49 |
1.59 |
Interest Income, Other Domestic Deposits |
- |
- |
0.02 |
0.01 |
0.00 |
Other Income |
0.54 |
0.53 |
43.36 |
0.51 |
40.57 |
Total Interest Income |
15.44 |
14.57 |
14.21 |
12.70 |
11.83 |
Interest Expense, Deposits |
5.65 |
4.19 |
1.99 |
1.72 |
0.37 |
Interest Expense, Short-term Borrowings |
0.51 |
0.49 |
0.36 |
0.04 |
0.00 |
Interest Expense, Long-term Debt and Capital Securities |
0.26 |
0.26 |
-0.92 |
0.26 |
0.70 |
Other Intrest Expenses |
0.21 |
0.11 |
0.57 |
0.15 |
0.02 |
Total Interest Expense |
6.64 |
5.05 |
2.00 |
2.17 |
1.09 |
Net Interest Income |
8.80 |
9.52 |
12.21 |
10.53 |
10.73 |
Provision
for loan losses |
0.19 |
1.18 |
-1.13 |
0.50 |
-0.08 |
Total Net Interest Income |
8.61 |
8.34 |
13.34 |
10.03 |
10.81 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
- |
- |
- |
- |
- |
Revenue From Contract With Customer Excluding Assessed Tax |
3.71 |
3.49 |
4.16 |
3.64 |
4.39 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
0.68 |
0.46 |
-0.04 |
0.82 |
1.11 |
Fees And Commissions Mortgage Bankings |
- |
- |
- |
- |
- |
Debt And Equity Securities Gain Loss |
- |
- |
- |
- |
- |
Interest And Fee Income Loans And Leases Taxable |
- |
- |
- |
- |
- |
Interest And Fee Income Loans And Leases Tax Exempt |
- |
- |
- |
- |
- |
Allowance For Loan And Lease Losses Period Increase Decrease |
- |
- |
- |
- |
- |
Interest Income Money Market Accounts And Commercial Paper Deposits |
- |
- |
- |
- |
- |
Interest Income Short Term Investment Other |
- |
- |
- |
- |
- |
Loss/ -Gain on Investment |
0.06 |
0.03 |
-0.92 |
0.05 |
-0.46 |
Other Non-Interest Income |
-0.22 |
1.52 |
0.22 |
-0.21 |
-0.55 |
Finance Lease Interest Expense |
0.02 |
0.02 |
-0.05 |
0.03 |
-0.05 |
Total Noninterest Income |
4.26 |
5.51 |
3.38 |
4.33 |
4.44 |
Total Revenues |
12.87 |
13.85 |
16.71 |
14.36 |
15.25 |
Salaries & employee benefits, SGA |
0.32 |
0.34 |
20.17 |
0.35 |
7.54 |
Restructuring, Accretion & impairment charges |
- |
- |
0.19 |
- |
0.20 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
0.72 |
0.77 |
0.95 |
0.70 |
0.68 |
Professional Fees |
1.15 |
1.31 |
-0.87 |
1.66 |
1.37 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Supplies and Postage Expense |
0.14 |
0.18 |
0.17 |
0.17 |
0.19 |
Federal Deposit Insurance Corporation Premium Expense |
0.20 |
0.13 |
0.07 |
0.13 |
0.21 |
Other Noninterest Expense |
0.70 |
0.57 |
0.70 |
1.26 |
1.92 |
Other loss/ -income |
8.87 |
8.67 |
-7.82 |
7.46 |
0.42 |
Total Operating
Expenses |
12.10 |
11.96 |
13.55 |
11.73 |
12.52 |
Total Costs & Expenses |
18.74 |
17.02 |
15.56 |
13.90 |
13.61 |
Income /-loss before income taxes |
0.77 |
1.89 |
3.16 |
2.63 |
2.73 |
Income taxes expenses/-benefit |
0.12 |
0.37 |
0.58 |
0.53 |
0.53 |
Income after income taxes |
0.65 |
1.52 |
2.58 |
2.10 |
2.21 |
Net income/-loss
of other equity |
- |
0.00 |
- |
0.00 |
0.00 |
Income /-loss after income taxes |
0.65 |
1.52 |
2.58 |
2.10 |
2.21 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
0.65 |
1.52 |
2.58 |
2.10 |
2.21 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
0.65 |
1.52 |
2.58 |
2.10 |
2.21 |