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 |
7.99 |
7.84 |
7.43 |
7.27 |
6.83 |
Interest and Dividend Income, Securities |
1.20 |
1.17 |
1.18 |
1.21 |
1.20 |
Interest Income, Federal Funds Sold |
0.81 |
0.45 |
0.34 |
0.26 |
0.26 |
Interest Income, Deposits with Financial Institutions |
0.13 |
0.09 |
0.15 |
0.15 |
0.10 |
Other Income |
0.01 |
0.03 |
0.01 |
0.06 |
0.00 |
Total Interest Income |
10.14 |
9.58 |
9.10 |
8.94 |
8.40 |
Interest Expense, Deposits |
1.68 |
1.37 |
0.86 |
0.02 |
0.14 |
Interest Expense, Long-term Debt and Capital Securities |
0.10 |
0.10 |
0.18 |
-0.06 |
0.12 |
Other Intrest Expenses |
1.00 |
0.76 |
0.41 |
0.69 |
0.24 |
Total Interest Expense |
2.78 |
2.24 |
1.46 |
0.65 |
0.50 |
Net Interest Income |
7.36 |
7.35 |
7.64 |
8.29 |
7.90 |
Provision
for loan losses |
-0.16 |
-0.25 |
0.14 |
0.00 |
-0.30 |
Total Net Interest Income |
7.53 |
7.60 |
7.50 |
8.29 |
8.20 |
Investment Banking Revenue |
1.05 |
1.04 |
1.01 |
1.00 |
0.96 |
Revenue From Contract With Customer Including Assessed Tax |
1.00 |
0.96 |
0.98 |
1.03 |
1.31 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
0.02 |
0.16 |
0.13 |
-0.22 |
0.00 |
Revenue From Contract With Customer Including Assessed Tax |
- |
- |
- |
- |
- |
Interest Income Securities State And Municipal Tax Exempt |
- |
- |
- |
- |
- |
Loss/ -Gain on Investment |
0.99 |
1.15 |
0.92 |
-4.68 |
1.47 |
Other Non-Interest Income |
-1.25 |
-1.30 |
-1.39 |
4.06 |
-1.53 |
Professional Data Processing And Other Outside Expense |
1.37 |
1.41 |
1.37 |
-3.54 |
1.62 |
Finance Lease Interest Expense |
0.02 |
0.02 |
0.02 |
0.02 |
0.02 |
Professional And Other Outside Expenses |
- |
- |
- |
2.59 |
- |
Data Processing |
- |
- |
- |
2.47 |
- |
Total Noninterest Income |
3.20 |
3.44 |
3.04 |
2.73 |
3.85 |
Total Revenues |
10.73 |
11.04 |
10.55 |
11.01 |
12.05 |
Salaries & employee benefits, SGA |
0.20 |
0.29 |
0.19 |
8.26 |
0.22 |
Depriciation & Amortization |
0.05 |
0.23 |
0.14 |
0.14 |
0.14 |
Foreclosed Real Estate Expense |
0.00 |
0.01 |
0.03 |
0.01 |
0.20 |
Occupancy, Net |
0.46 |
0.46 |
0.47 |
0.47 |
0.45 |
Professional Fees and Commission |
- |
- |
- |
- |
- |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Supplies Expense |
0.12 |
0.13 |
0.15 |
0.14 |
0.12 |
Federal Deposit Insurance Corporation Premium Expense |
0.13 |
0.09 |
0.10 |
0.12 |
0.12 |
Other Noninterest Expense |
0.41 |
0.07 |
0.48 |
0.50 |
0.60 |
Credit Expense |
0.22 |
0.21 |
0.20 |
0.16 |
0.24 |
Other loss/ -income |
6.56 |
6.39 |
6.32 |
-1.46 |
6.80 |
Total Operating
Expenses |
8.14 |
7.88 |
8.08 |
8.62 |
8.88 |
Total Costs & Expenses |
10.92 |
10.11 |
9.53 |
9.27 |
9.38 |
Income /-loss before income taxes |
2.59 |
3.17 |
2.47 |
2.40 |
3.18 |
Income taxes expenses/-benefit |
0.51 |
0.63 |
0.49 |
0.44 |
0.60 |
Income after income taxes |
2.08 |
2.53 |
1.98 |
1.95 |
2.57 |
Net income/-loss
of other equity |
- |
- |
- |
- |
- |
Income /-loss after income taxes |
2.08 |
2.53 |
1.98 |
1.95 |
2.57 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
2.08 |
2.53 |
1.98 |
1.95 |
2.57 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
2.08 |
2.53 |
1.98 |
1.95 |
2.57 |