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 |
121.89 |
114.61 |
104.40 |
97.58 |
87.08 |
Interest and Dividend Income, Securities |
0.02 |
0.02 |
0.01 |
-8.90 |
0.02 |
Interest Income, Federal Funds Sold |
0.06 |
0.08 |
0.03 |
0.05 |
0.02 |
Interest Income, Deposits with Financial Institutions |
28.99 |
26.69 |
32.02 |
29.40 |
20.10 |
Other Income |
9.26 |
9.41 |
8.99 |
17.66 |
6.79 |
Total Interest Income |
160.23 |
150.82 |
145.45 |
135.79 |
114.01 |
Interest Expense, Deposits |
54.84 |
43.73 |
35.18 |
24.40 |
12.00 |
Interest Expense, Short-term Borrowings |
0.05 |
0.13 |
0.08 |
0.01 |
0.04 |
Interest Expense, Subordinated Notes and Debentures |
1.03 |
1.03 |
1.03 |
1.03 |
1.03 |
Total Interest Expense |
55.92 |
44.89 |
36.29 |
25.44 |
13.07 |
Net Interest Income |
104.31 |
105.93 |
109.16 |
110.35 |
100.95 |
Provision
for loan losses |
2.31 |
2.82 |
2.32 |
3.78 |
2.86 |
Total Net Interest Income |
102.00 |
103.10 |
106.83 |
106.58 |
98.08 |
Insurance Commissions and Fees |
8.43 |
6.23 |
8.74 |
6.66 |
7.50 |
Revenue From Contract With Customer Excluding Assessed Tax |
4.87 |
4.59 |
4.22 |
4.07 |
4.13 |
Profit (Loss) from Real Estate Operations |
2.72 |
2.89 |
2.46 |
6.24 |
2.39 |
Noninterest Income, Other |
5.11 |
5.78 |
6.03 |
7.72 |
7.94 |
Gains Losses On Sales Of Other Assets |
- |
- |
- |
- |
- |
Cash Management |
8.18 |
7.93 |
6.73 |
6.12 |
5.62 |
Loss/ -Gain on Investment |
0.73 |
0.76 |
0.60 |
0.66 |
0.97 |
Other Non-Interest Income |
14.41 |
19.80 |
19.04 |
16.72 |
20.79 |
Total Noninterest Income |
44.45 |
47.97 |
47.83 |
48.17 |
49.33 |
Total Revenues |
146.45 |
151.08 |
154.66 |
154.74 |
147.42 |
Salaries & employee benefits, SGA |
2.03 |
1.90 |
2.53 |
86.75 |
1.95 |
Depriciation & Amortization |
4.69 |
4.77 |
4.64 |
2.88 |
4.61 |
Foreclosed Real Estate Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
5.49 |
5.12 |
4.98 |
1.48 |
4.93 |
Professional Fees and Commission |
- |
- |
- |
- |
- |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
11.97 |
12.07 |
11.85 |
14.04 |
13.50 |
Federal Deposit Insurance Corporation Premium Expenses Incomes |
1.42 |
1.46 |
1.61 |
1.21 |
1.20 |
Other loss/ -income |
55.63 |
55.79 |
54.70 |
-27.51 |
52.89 |
Total Operating
Expenses |
81.22 |
81.11 |
80.32 |
84.61 |
79.08 |
Total Costs & Expenses |
137.13 |
126.00 |
116.61 |
110.05 |
92.14 |
Income /-loss before income taxes |
65.23 |
69.97 |
74.35 |
70.14 |
68.34 |
Income taxes expenses/-benefit |
14.24 |
14.96 |
16.81 |
13.01 |
12.99 |
Income after income taxes |
50.99 |
55.01 |
57.53 |
57.13 |
55.35 |
Net income/-loss
of other equity |
- |
0.00 |
- |
- |
0.00 |
Income /-loss after income taxes |
50.99 |
55.01 |
57.53 |
57.13 |
55.35 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
50.99 |
55.01 |
57.53 |
57.13 |
55.35 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
50.99 |
55.01 |
57.53 |
57.13 |
55.35 |