INCOME STATEMENT (Quarterly GAAP In millions $) |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
(Sep 30 2022) III. Quarter |
Interest and Fee Income, Loans and Leases |
95.61 |
92.89 |
87.42 |
88.72 |
83.70 |
InterestIncome Debt Securities Available For Sale Operating |
16.34 |
15.80 |
14.91 |
12.91 |
10.19 |
Other Interest and Dividend Income |
4.27 |
7.46 |
4.59 |
2.49 |
2.09 |
Total Interest Income |
116.22 |
116.15 |
106.92 |
104.11 |
95.97 |
Interest Expense, Deposits |
31.36 |
28.12 |
20.53 |
14.28 |
8.99 |
Interest Expense, Long-term Debt and Capital Securities |
7.87 |
3.70 |
3.69 |
-1.98 |
4.02 |
Other Intrest Expenses |
7.77 |
15.51 |
9.66 |
11.60 |
3.58 |
Total Interest Expense |
47.00 |
46.52 |
33.87 |
23.90 |
16.57 |
Net Interest Income |
69.22 |
69.63 |
73.05 |
80.22 |
79.41 |
Provision
for loan losses |
5.00 |
1.90 |
2.00 |
- |
- |
Total Net Interest Income |
64.22 |
67.73 |
71.05 |
80.22 |
79.41 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
- |
- |
- |
- |
- |
Gains (Losses) on Sales of Other Real Estate |
- |
- |
- |
- |
- |
Other Noninterest Income |
0.95 |
2.48 |
4.43 |
1.13 |
1.71 |
Gain Loss from Sale of Mortgage Servicing R Ights M S R |
- |
- |
- |
- |
- |
Proceeds From Maturities Prepayments And Calls Of Mortgage Backed Securities M B S |
- |
- |
- |
- |
- |
Interest Income Debt Securities Available For Sale Operating |
- |
- |
- |
- |
- |
Fees And Commissions Depositor Accounts Revenue |
2.11 |
2.02 |
- |
- |
2.46 |
Banking Service Fees Revenue |
0.56 |
0.57 |
- |
- |
0.64 |
Loss/ -Gain on Investment |
-0.03 |
-0.04 |
1.62 |
- |
0.50 |
Other Non-Interest Income |
47.19 |
0.99 |
1.81 |
-2.55 |
0.37 |
Total Noninterest Income |
50.78 |
6.02 |
7.86 |
-1.43 |
5.68 |
Total Revenues |
115.00 |
73.76 |
78.91 |
78.79 |
85.09 |
Salaries & employee benefits, SGA |
25.82 |
28.28 |
29.66 |
27.81 |
28.00 |
Restructuring, Accretion & impairment charges |
9.33 |
- |
- |
- |
2.08 |
Depriciation & Amortization |
0.46 |
0.46 |
0.46 |
0.56 |
0.40 |
Foreclosed Real Estate Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
5.80 |
5.60 |
5.53 |
4.82 |
8.65 |
Professional Fees |
3.62 |
4.00 |
4.07 |
3.48 |
4.51 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Supplies and Postage Expense |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
4.29 |
5.06 |
3.88 |
4.69 |
4.23 |
Regulatory Assessment Expense |
1.41 |
1.30 |
1.20 |
0.91 |
0.93 |
Other loss/ -income |
5.43 |
4.42 |
6.44 |
5.95 |
2.18 |
Total Operating
Expenses |
56.16 |
49.13 |
51.24 |
48.20 |
50.96 |
Total Costs & Expenses |
103.17 |
95.65 |
85.11 |
72.10 |
67.53 |
Income /-loss before income taxes |
58.83 |
24.62 |
27.67 |
30.59 |
34.13 |
Income taxes expenses/-benefit |
16.26 |
6.75 |
7.40 |
9.07 |
9.93 |
Income after income taxes |
42.57 |
17.88 |
20.28 |
17.77 |
24.20 |
Net income/-loss
of other equity |
- |
0.00 |
- |
-3.75 |
0.00 |
Income /-loss after income taxes |
42.57 |
17.88 |
20.28 |
17.77 |
24.20 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
42.57 |
17.88 |
20.28 |
17.77 |
24.20 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
-3.75 |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
42.57 |
17.88 |
20.28 |
21.52 |
24.20 |