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 |
346.26 |
337.01 |
326.15 |
308.80 |
288.97 |
Interest and Dividend Income, Securities, Operating |
125.99 |
122.86 |
120.60 |
118.76 |
105.17 |
Other Interest and Dividend Income |
10.96 |
10.67 |
16.66 |
12.86 |
7.35 |
Total Interest Income |
483.21 |
470.54 |
463.42 |
440.42 |
401.49 |
Interest Expense, Deposits |
192.83 |
176.97 |
156.87 |
133.63 |
94.41 |
Interest Expense, Borrowings |
73.16 |
78.72 |
92.68 |
78.91 |
64.02 |
Other Intrest Expenses |
-10.48 |
-11.22 |
-11.23 |
-11.52 |
-12.55 |
Total Interest Expense |
266.00 |
255.70 |
249.54 |
212.54 |
158.42 |
Net Interest Income |
217.21 |
214.84 |
213.88 |
227.87 |
243.07 |
Provision
for loan losses |
19.25 |
33.05 |
15.52 |
19.79 |
39.61 |
Total Net Interest Income |
197.96 |
181.79 |
198.36 |
208.09 |
203.46 |
Fees and Commissions |
- |
- |
- |
- |
- |
Revenue From Contract With Customer Including Assessed Tax |
5.39 |
5.40 |
5.35 |
5.55 |
5.48 |
Operating Leases, Income Statement, Lease Revenue |
- |
- |
- |
- |
- |
Noninterest Income, Other Operating Income |
11.08 |
4.90 |
6.63 |
10.43 |
8.60 |
Gain Loss From Termination Of Interest Rate Swap |
- |
- |
- |
- |
- |
Sublease Income |
-29.64 |
16.53 |
- |
13.11 |
-26.54 |
Net Gain Loss On Indemnification Asset |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Indemnification Reimbursement Of Costs Of Resolution Of Covered Assets |
- |
- |
- |
- |
- |
Service Charges |
- |
- |
- |
- |
- |
Income Loss From Resolution Of Covered Assets |
- |
- |
- |
- |
- |
Gain Loss On Indemnification Asset |
- |
- |
- |
- |
- |
Loss/ -Gain on Investment |
0.62 |
0.89 |
0.99 |
-12.55 |
0.32 |
Other Non-Interest Income |
29.65 |
- |
12.52 |
- |
38.95 |
Total Noninterest Income |
17.09 |
27.72 |
25.49 |
16.54 |
26.81 |
Total Revenues |
215.05 |
209.52 |
223.85 |
224.62 |
230.27 |
Salaries & employee benefits, SGA |
73.45 |
68.83 |
67.41 |
71.05 |
69.90 |
Foreclosed Real Estate Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
10.61 |
10.89 |
11.04 |
10.80 |
-24.13 |
Professional Fees |
5.05 |
2.70 |
3.52 |
2.92 |
3.03 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
43.45 |
7.79 |
7.60 |
7.91 |
6.21 |
Other Noninterest Expense |
29.19 |
26.48 |
23.98 |
26.86 |
23.64 |
Other loss/ -income |
29.10 |
30.41 |
31.67 |
33.25 |
69.84 |
Total Operating
Expenses |
190.86 |
147.09 |
145.22 |
152.78 |
148.48 |
Total Costs & Expenses |
456.86 |
402.79 |
394.76 |
365.32 |
306.90 |
Income /-loss before income taxes |
24.19 |
62.43 |
78.63 |
71.84 |
81.79 |
Income taxes expenses/-benefit |
3.37 |
15.45 |
20.63 |
18.96 |
17.59 |
Income after income taxes |
20.81 |
46.98 |
58.00 |
52.88 |
64.21 |
Net income/-loss
of other equity |
- |
- |
0.00 |
0.00 |
- |
Income /-loss after income taxes |
20.81 |
46.98 |
58.00 |
52.88 |
64.21 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
20.81 |
46.98 |
58.00 |
52.88 |
64.21 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
20.81 |
46.98 |
58.00 |
52.88 |
64.21 |