INCOME STATEMENT (Quarterly GAAP In millions $) |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
(Sep 30 2022) III. Quarter |
(Jun 30 2022) II. Quarter |
Interest and Fee Income, Loans and Leases |
5.01 |
4.67 |
4.35 |
4.04 |
3.74 |
Interest and Dividend Income, Securities |
0.12 |
0.16 |
-0.99 |
0.16 |
0.75 |
Other Interest and Dividend Income |
0.21 |
0.11 |
0.09 |
0.18 |
0.10 |
Other Income |
0.69 |
0.69 |
1.86 |
0.68 |
0.00 |
Total Interest Income |
6.03 |
5.63 |
5.31 |
5.05 |
4.58 |
Interest Expense, Deposits |
1.11 |
0.93 |
0.19 |
0.04 |
0.04 |
Interest Expense, Short-term Borrowings |
0.31 |
- |
- |
- |
- |
Other Intrest Expenses |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Interest Expense |
1.42 |
0.93 |
0.19 |
0.04 |
0.04 |
Net Interest Income |
4.61 |
4.70 |
5.12 |
5.01 |
4.55 |
Provision
for loan losses |
- |
0.05 |
- |
- |
- |
Total Net Interest Income |
4.61 |
4.66 |
5.12 |
5.01 |
4.55 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
- |
- |
- |
- |
- |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Noninterest Income, Other |
0.01 |
0.01 |
0.01 |
0.01 |
0.01 |
Service Charges Fees And Commissions |
0.33 |
- |
0.32 |
0.32 |
0.34 |
Mortgage Banking Income |
0.09 |
- |
0.06 |
0.11 |
0.24 |
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal |
- |
- |
- |
- |
- |
Other Non-Interest Income |
0.00 |
0.44 |
0.00 |
0.00 |
0.00 |
Total Noninterest Income |
0.44 |
0.45 |
0.39 |
0.44 |
0.59 |
Total Revenues |
5.04 |
5.10 |
5.52 |
5.45 |
5.14 |
Salaries & employee benefits, SGA |
2.03 |
1.97 |
2.00 |
1.88 |
1.86 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
0.68 |
0.65 |
0.34 |
0.64 |
0.76 |
Professional Fees |
0.16 |
0.17 |
0.02 |
0.12 |
0.17 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
0.35 |
0.31 |
0.40 |
0.29 |
0.35 |
Other loss/ -income |
0.16 |
0.16 |
0.42 |
0.14 |
0.00 |
Total Operating
Expenses |
3.39 |
3.25 |
3.18 |
3.07 |
3.14 |
Total Costs & Expenses |
4.81 |
4.18 |
3.37 |
3.11 |
3.18 |
Income /-loss before income taxes |
1.66 |
1.85 |
2.33 |
2.39 |
2.00 |
Income taxes expenses/-benefit |
0.38 |
0.27 |
0.53 |
0.55 |
0.46 |
Income after income taxes |
1.28 |
1.59 |
1.81 |
1.84 |
1.54 |
Net income/-loss
of other equity |
- |
0.00 |
- |
0.00 |
0.00 |
Income /-loss after income taxes |
1.28 |
1.59 |
1.81 |
1.84 |
1.54 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
1.28 |
1.59 |
1.81 |
1.84 |
1.54 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
1.28 |
1.59 |
1.81 |
1.84 |
1.54 |