INCOME STATEMENT (Annual GAAP In millions $) |
(Dec 31 2022) 2022 |
(Dec 31 2021) 2021 |
(Dec 31 2019) 2019 |
(Dec 31 2018) 2018 |
(Dec 31 2017) 2017 |
Interest and Dividend Income, Securities |
70.56 |
126.51 |
143.79 |
134.46 |
128.51 |
Interest Income, Federal Funds Sold |
4.27 |
0.88 |
3.55 |
3.72 |
3.88 |
Other Interest and Dividend Income |
1.22 |
0.71 |
1.04 |
1.39 |
0.96 |
Other Income |
521.32 |
398.62 |
439.01 |
410.60 |
370.44 |
Total Interest Income |
597.37 |
526.72 |
587.40 |
550.17 |
503.79 |
Interest Expense, Deposits |
39.68 |
15.22 |
68.37 |
41.14 |
22.33 |
Interest Expense, Long-term Debt |
2.07 |
0.94 |
21.31 |
22.68 |
24.22 |
Other Intrest Expenses |
15.06 |
13.27 |
- |
- |
- |
Total Interest Expense |
56.81 |
29.43 |
89.68 |
63.82 |
46.56 |
Net Interest Income |
540.56 |
497.29 |
497.72 |
486.35 |
457.24 |
Provision
for loan losses |
-7.80 |
-50.50 |
16.00 |
13.43 |
16.90 |
Total Net Interest Income |
548.36 |
547.79 |
481.72 |
472.93 |
440.34 |
Insurance Commissions and Fees |
3.78 |
3.22 |
6.93 |
5.82 |
52.29 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
15.59 |
27.37 |
34.50 |
28.43 |
22.33 |
Interest And Fee Income For Loans And Leases |
- |
- |
- |
- |
- |
Noninterest Income And Other Operating Income |
- |
- |
- |
- |
- |
Fee and Commission Fiduciary and Trust Activities |
- |
- |
- |
- |
- |
Mortgage Banking Income |
- |
- |
- |
- |
- |
Service Charges On Deposit Accounts |
- |
- |
- |
- |
- |
Fees Exchange And Other Service Charges |
- |
- |
- |
- |
- |
Debt And Equity Securities Gain Loss |
- |
- |
- |
- |
- |
Fees And Commissions Trust And Asset Management Activities |
- |
- |
- |
- |
- |
Loss/ -Gain on Investment |
- |
- |
- |
- |
10.43 |
Other Non-Interest Income |
125.16 |
127.49 |
141.90 |
134.67 |
100.37 |
Securities Sold Under Agreementsto Repurchase Interest Expense |
12.60 |
13.26 |
- |
- |
- |
Interest Expense Funds Purchased |
0.42 |
0.01 |
- |
- |
- |
Total Noninterest Income |
157.54 |
171.35 |
183.34 |
168.92 |
185.42 |
Total Revenues |
705.90 |
719.14 |
665.05 |
641.85 |
625.76 |
Salaries & employee benefits, SGA |
235.27 |
228.29 |
216.11 |
213.21 |
205.54 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
39.44 |
46.54 |
52.56 |
52.59 |
48.02 |
Professional Fees |
14.56 |
12.90 |
10.07 |
9.99 |
11.68 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
6.55 |
6.54 |
5.19 |
7.73 |
8.67 |
Other Noninterest Expense |
62.72 |
63.62 |
66.01 |
64.25 |
61.71 |
Other loss/ -income |
56.74 |
35.70 |
29.30 |
23.85 |
22.08 |
Total Operating
Expenses |
415.27 |
393.59 |
379.23 |
371.62 |
357.69 |
Total Costs & Expenses |
472.07 |
423.02 |
468.91 |
435.45 |
404.25 |
Income /-loss before income taxes |
290.63 |
325.55 |
285.83 |
270.23 |
268.06 |
Income taxes expenses/-benefit |
64.83 |
72.18 |
59.91 |
50.62 |
83.39 |
Income after income taxes |
217.93 |
250.40 |
225.91 |
219.60 |
184.67 |
Net income/-loss
of other equity |
-7.88 |
-2.98 |
- |
- |
0.00 |
Income /-loss after income taxes |
217.93 |
250.40 |
225.91 |
219.60 |
184.67 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
217.93 |
250.40 |
225.91 |
219.60 |
184.67 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
217.93 |
250.40 |
225.91 |
219.60 |
184.67 |