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 |
39.53 |
38.41 |
36.92 |
34.56 |
32.61 |
Interest and Dividend Income, Securities, Operating |
6.28 |
6.72 |
5.96 |
5.79 |
5.55 |
Total Interest Income |
45.82 |
45.14 |
42.88 |
40.35 |
38.16 |
Interest Expense, Deposits |
12.96 |
11.42 |
8.59 |
5.27 |
3.16 |
Interest Expense, Borrowings |
4.06 |
4.53 |
5.50 |
4.18 |
2.04 |
Total Interest Expense |
17.02 |
15.95 |
14.09 |
9.45 |
5.20 |
Net Interest Income |
28.79 |
29.19 |
28.79 |
30.91 |
32.95 |
Provision
for loan losses |
0.69 |
0.67 |
0.75 |
0.80 |
0.69 |
Total Net Interest Income |
28.11 |
28.51 |
28.04 |
30.11 |
32.27 |
Investment Banking Revenue |
3.40 |
3.52 |
3.81 |
3.56 |
3.44 |
Profit (Loss) from Real Estate Operations |
0.52 |
0.42 |
0.38 |
0.28 |
0.15 |
Other Noninterest Income |
0.46 |
0.39 |
0.44 |
0.36 |
-0.65 |
Net Interest Income Loss After Provision For Loan Losses |
- |
- |
- |
- |
- |
Fees And Commissions Fiduciary And Trust Activities |
- |
- |
- |
- |
- |
Fees And Commissions Depositor Accounts |
- |
3.93 |
3.77 |
3.68 |
- |
Debt And Equity Securities Gain Loss |
- |
- |
- |
0.03 |
- |
Fees And Commissions Customer Derivative Income |
- |
0.04 |
0.08 |
0.13 |
- |
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal |
- |
- |
- |
- |
- |
Gain (Loss) on Disposition of Assets and Other Investments |
0.28 |
- |
-0.09 |
-0.01 |
0.08 |
Other Non-Interest Income |
15.35 |
0.14 |
0.17 |
0.81 |
4.77 |
Outside Service Fees |
0.52 |
0.38 |
0.42 |
0.36 |
0.44 |
Total Noninterest Income |
8.85 |
8.82 |
8.98 |
9.18 |
8.23 |
Total Revenues |
36.96 |
37.33 |
37.02 |
39.29 |
40.50 |
Salaries & employee benefits, SGA |
0.49 |
0.33 |
0.48 |
0.41 |
23.10 |
Restructuring, Accretion & impairment charges |
-0.26 |
- |
- |
-0.02 |
0.09 |
Depriciation & Amortization |
0.23 |
0.23 |
0.23 |
0.23 |
0.23 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
22.03 |
4.47 |
4.39 |
-4.41 |
3.91 |
Professional Fees |
1.95 |
0.44 |
0.36 |
-0.43 |
0.49 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
20.42 |
3.95 |
4.16 |
-4.10 |
3.84 |
Provision For Unfunded Commitments |
0.18 |
0.05 |
0.05 |
0.18 |
1.76 |
Other loss/ -income |
69.08 |
13.56 |
13.74 |
-13.28 |
-9.25 |
Total Operating
Expenses |
113.86 |
23.02 |
23.39 |
-21.44 |
24.64 |
Total Costs & Expenses |
-96.45 |
38.97 |
37.48 |
-12.00 |
29.84 |
Income /-loss before income taxes |
12.59 |
14.31 |
13.63 |
16.59 |
15.86 |
Income taxes expenses/-benefit |
2.64 |
3.21 |
2.84 |
3.58 |
3.35 |
Income after income taxes |
9.95 |
11.10 |
10.79 |
13.01 |
12.51 |
Net income/-loss
of other equity |
- |
- |
- |
- |
- |
Income /-loss after income taxes |
9.95 |
11.10 |
10.79 |
13.01 |
12.51 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
9.95 |
11.10 |
10.79 |
13.01 |
12.51 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
9.95 |
11.10 |
10.79 |
13.01 |
12.51 |