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 |
132.82 |
126.87 |
117.49 |
107.73 |
90.27 |
Interest and Dividend Income, Securities, Operating |
15.21 |
18.55 |
14.82 |
13.66 |
13.41 |
Total Interest Income |
148.02 |
145.43 |
132.32 |
121.38 |
103.67 |
Interest Expense, Deposits |
44.01 |
35.97 |
26.08 |
25.27 |
8.16 |
Interest Expense, Borrowings |
13.68 |
16.70 |
8.70 |
6.07 |
3.42 |
Total Interest Expense |
57.69 |
52.67 |
34.78 |
19.29 |
11.59 |
Net Interest Income |
90.33 |
92.76 |
97.53 |
102.09 |
92.08 |
Provision
for loan losses |
8.00 |
8.00 |
9.00 |
12.00 |
3.00 |
Total Net Interest Income |
82.33 |
84.76 |
88.53 |
94.09 |
89.08 |
Fees and Commissions, Mortgage Banking and Servicing |
16.70 |
17.25 |
16.01 |
15.65 |
14.57 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Noninterest Income, Other |
- |
- |
- |
- |
- |
Gain Loss On Termination Of Derivative Instruments Designated As Hedging Instruments |
- |
- |
- |
- |
- |
Debt And Equity Securities Unrealized Gain Loss |
-0.47 |
- |
- |
- |
- |
Asset Management Fees |
- |
- |
- |
- |
- |
Debt And Equity Securities Gain Loss |
- |
- |
0.23 |
- |
-0.48 |
Other Non-Interest Income |
1.23 |
-0.16 |
0.36 |
0.00 |
2.14 |
Other Real Estate Owned |
- |
- |
- |
- |
0.01 |
Total Noninterest Income |
17.47 |
17.09 |
16.61 |
15.65 |
16.25 |
Total Revenues |
107.80 |
109.85 |
114.14 |
117.75 |
108.34 |
Salaries & employee benefits, SGA |
1.55 |
1.51 |
1.21 |
39.20 |
1.29 |
Restructuring, Accretion & impairment charges |
2.61 |
0.02 |
-0.04 |
-2.62 |
11.47 |
Depriciation & Amortization |
1.21 |
1.21 |
1.21 |
1.28 |
1.29 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications and Information Technology |
10.62 |
10.47 |
9.47 |
26.95 |
8.72 |
Professional Fees |
2.42 |
2.53 |
3.28 |
8.98 |
3.29 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
1.91 |
1.83 |
1.43 |
2.30 |
0.48 |
Other Noninterest Expense |
7.23 |
7.56 |
6.95 |
21.28 |
7.01 |
Occupancy And Equipment |
8.82 |
8.97 |
9.38 |
9.43 |
8.70 |
Other loss/ -income |
40.16 |
39.96 |
39.07 |
-42.71 |
39.44 |
Total Operating
Expenses |
76.51 |
74.05 |
71.96 |
70.01 |
81.68 |
Total Costs & Expenses |
134.20 |
126.71 |
106.74 |
89.31 |
93.26 |
Income /-loss before income taxes |
23.29 |
27.81 |
33.19 |
35.73 |
23.66 |
Income taxes expenses/-benefit |
3.74 |
3.94 |
5.55 |
5.23 |
4.94 |
Income after income taxes |
19.55 |
23.86 |
27.64 |
92.53 |
18.72 |
Net income/-loss
of other equity |
- |
- |
- |
62.03 |
- |
Income /-loss after income taxes |
0.00 |
0.00 |
0.00 |
92.53 |
0.00 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
0.00 |
0.00 |
0.00 |
92.53 |
0.00 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
0.00 |
0.00 |
0.00 |
92.53 |
0.00 |