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 |
623.44 |
596.89 |
570.12 |
541.21 |
522.04 |
Interest Income, Deposits with Financial Institutions |
100.84 |
99.29 |
100.78 |
65.72 |
50.91 |
Other Income |
143.21 |
148.61 |
123.11 |
132.09 |
140.24 |
Total Interest Income |
867.49 |
844.79 |
794.01 |
739.02 |
713.19 |
Interest Expense, Deposits |
319.20 |
294.12 |
243.49 |
193.22 |
139.34 |
Interest Expense, Short-term Borrowings |
1.34 |
1.48 |
1.62 |
2.89 |
-15.88 |
Other Intrest Expenses |
12.77 |
15.17 |
17.23 |
11.27 |
30.17 |
Total Interest Expense |
333.31 |
310.77 |
262.34 |
207.37 |
153.63 |
Net Interest Income |
534.18 |
534.02 |
531.67 |
531.66 |
559.57 |
Provision
for loan losses |
78.66 |
45.12 |
37.19 |
47.64 |
49.53 |
Total Net Interest Income |
455.52 |
488.90 |
494.48 |
484.02 |
510.04 |
Trading Gain (Loss) |
0.75 |
0.22 |
0.04 |
0.38 |
0.16 |
Revenue From Contract With Customer Excluding Assessed Tax |
37.70 |
37.32 |
37.78 |
34.68 |
34.68 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
22.62 |
24.76 |
25.15 |
27.72 |
27.94 |
Equity Securities Realized Gain Loss Impairment |
- |
- |
- |
- |
- |
Revenue From Investment Securities |
- |
- |
- |
- |
- |
Net Gain Loss On Sale And Valuation Adjustments Of Investment Securities |
- |
- |
- |
- |
- |
Net Gain Loss And Valuation Adjustments On Investment Securities |
- |
- |
- |
- |
- |
Mortgage Banking Activities |
- |
- |
- |
- |
- |
Loss/ -Gain on Investment |
-0.07 |
-0.04 |
- |
- |
- |
Other Non-Interest Income |
110.58 |
102.67 |
101.28 |
100.27 |
105.08 |
Adjustments To Indemnity Reserves On Loans Sold |
2.35 |
-0.19 |
-0.46 |
0.61 |
-0.22 |
Other Real Estate Owned Expense Net Of Gain Loss On Sale Or Disposition |
-5.18 |
-5.19 |
-3.31 |
-1.69 |
-9.18 |
Total Noninterest Income |
168.74 |
159.55 |
160.47 |
161.96 |
158.47 |
Total Revenues |
624.26 |
648.45 |
654.95 |
645.98 |
668.50 |
Salaries & employee benefits, SGA |
42.53 |
31.67 |
41.49 |
35.16 |
291.51 |
Restructuring, Accretion & impairment charges |
- |
23.00 |
- |
- |
- |
Depriciation & Amortization |
0.80 |
0.80 |
0.80 |
0.80 |
0.79 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
107.05 |
101.03 |
99.52 |
94.60 |
307.57 |
Professional Fees and Commission |
39.07 |
38.51 |
50.13 |
33.43 |
-163.55 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
81.39 |
8.93 |
6.80 |
8.87 |
6.34 |
Other Noninterest Expense |
27.01 |
23.06 |
22.85 |
24.36 |
-10.93 |
Other loss/ -income |
233.31 |
238.99 |
238.69 |
243.48 |
28.38 |
Total Operating
Expenses |
531.15 |
465.98 |
460.28 |
440.69 |
461.71 |
Total Costs & Expenses |
864.46 |
776.75 |
722.62 |
648.05 |
615.34 |
Income /-loss before income taxes |
93.12 |
182.47 |
194.66 |
205.29 |
206.79 |
Income taxes expenses/-benefit |
-1.48 |
45.86 |
43.50 |
46.31 |
-50.35 |
Income after income taxes |
94.24 |
136.26 |
150.81 |
158.63 |
256.79 |
Net income/-loss
of other equity |
-0.35 |
-0.35 |
-0.35 |
-0.35 |
-0.35 |
Income /-loss after income taxes |
94.24 |
136.26 |
150.81 |
158.63 |
256.79 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
94.24 |
136.26 |
150.81 |
158.63 |
256.79 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
94.24 |
136.26 |
150.81 |
158.63 |
256.79 |