INCOME STATEMENT (Quarterly GAAP In millions $) |
(Dec 31 2018) IV. Quarter |
(Sep 30 2018) III. Quarter |
(Jun 30 2018) II. Quarter |
(Mar 31 2018) I. Quarter |
(Dec 31 2017) IV. Quarter |
Interest and Fee Income, Loans and Leases |
24.54 |
23.78 |
22.32 |
20.70 |
19.68 |
Interest and Dividend Income, Securities |
1.43 |
1.38 |
1.27 |
1.33 |
1.21 |
Other Interest and Dividend Income |
0.34 |
0.48 |
0.29 |
0.39 |
0.22 |
Total Interest Income |
26.31 |
25.64 |
23.88 |
22.42 |
21.12 |
Interest Expense, Deposits |
7.42 |
6.50 |
5.43 |
4.42 |
3.91 |
Interest Expense, Securities Sold under Agreements to Repurchase |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Other Intrest Expenses |
3.45 |
3.74 |
3.35 |
2.86 |
2.51 |
Total Interest Expense |
10.86 |
10.24 |
8.78 |
7.28 |
6.41 |
Net Interest Income |
15.44 |
15.41 |
15.10 |
15.14 |
14.70 |
Provision
for loan losses |
0.47 |
0.19 |
0.73 |
0.27 |
0.69 |
Total Net Interest Income |
14.98 |
15.22 |
14.38 |
14.86 |
14.01 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
-0.32 |
- |
- |
0.32 |
0.31 |
Revenue From Contract With Customer Including Assessed Tax |
0.90 |
0.22 |
0.21 |
- |
- |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
0.60 |
0.41 |
0.36 |
0.29 |
0.45 |
Loan Service Fees |
- |
- |
- |
- |
- |
Gains Losses On Sales Of Other Assets |
- |
- |
- |
- |
- |
Noninterest Income Other Operating Income Expense |
- |
- |
- |
- |
- |
Loss/ -Gain on Investment |
0.33 |
0.43 |
1.06 |
0.29 |
-0.58 |
Other Non-Interest Income |
-3.68 |
-3.66 |
-3.26 |
-2.86 |
-1.57 |
Interest Expense Loans From Other Federal Home Loan Banks |
3.45 |
3.74 |
3.35 |
2.86 |
2.51 |
Total Noninterest Income |
1.28 |
1.14 |
1.71 |
0.90 |
1.12 |
Total Revenues |
16.26 |
16.35 |
16.09 |
15.76 |
15.13 |
Salaries & employee benefits, SGA |
5.61 |
5.30 |
5.27 |
5.13 |
5.03 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
0.88 |
0.93 |
0.97 |
1.00 |
0.96 |
Professional Fees and Commission |
0.41 |
0.47 |
0.51 |
0.46 |
0.60 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
0.46 |
0.53 |
0.50 |
0.49 |
0.48 |
Other Noninterest Expense |
0.55 |
0.50 |
0.46 |
0.53 |
0.47 |
Noncash Merger Related Costs |
1.70 |
- |
- |
- |
- |
Other loss/ -income |
0.11 |
0.10 |
0.09 |
0.08 |
0.10 |
Total Operating
Expenses |
9.71 |
7.83 |
7.80 |
7.69 |
7.64 |
Total Costs & Expenses |
20.57 |
18.06 |
16.58 |
14.97 |
14.05 |
Income /-loss before income taxes |
6.55 |
8.53 |
8.29 |
8.07 |
7.49 |
Income taxes expenses/-benefit |
1.94 |
2.30 |
2.22 |
2.06 |
5.38 |
Income after income taxes |
4.60 |
6.23 |
6.07 |
6.01 |
2.00 |
Net income/-loss
of other equity |
0.00 |
0.00 |
- |
- |
-0.11 |
Income /-loss after income taxes |
4.60 |
6.23 |
6.07 |
6.01 |
2.00 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
4.60 |
6.23 |
6.07 |
6.01 |
2.00 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
4.60 |
6.23 |
6.07 |
6.01 |
2.00 |