INCOME STATEMENT (Quarterly GAAP In millions $) |
(Sep 30 2022) III. Quarter |
(Jun 30 2022) II. Quarter |
(Mar 31 2022) I. Quarter |
(Dec 31 2021) IV. Quarter |
(Sep 30 2021) III. Quarter |
Interest and Fee Income, Loans and Leases |
30.21 |
23.79 |
23.90 |
21.69 |
22.29 |
Interest and Dividend Income, Securities |
- |
- |
- |
-2.38 |
- |
Other Income |
2.94 |
2.46 |
1.90 |
4.10 |
1.46 |
Total Interest Income |
33.15 |
26.24 |
25.80 |
23.40 |
23.75 |
Interest Expense, Deposits |
3.03 |
1.54 |
1.56 |
1.59 |
1.62 |
Interest Expense, Federal Home Loan Bank and Federal Reserve Bank Advances, Short-term |
0.87 |
0.07 |
0.03 |
0.45 |
0.36 |
Interest Expense, Subordinated Notes and Debentures |
0.57 |
0.55 |
0.55 |
0.49 |
0.64 |
Total Interest Expense |
4.47 |
2.15 |
2.13 |
2.53 |
2.63 |
Net Interest Income |
28.68 |
24.09 |
23.67 |
20.88 |
21.12 |
Provision
for loan losses |
3.90 |
7.49 |
2.50 |
0.12 |
- |
Total Net Interest Income |
24.78 |
16.60 |
21.17 |
20.76 |
21.12 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
- |
- |
- |
- |
- |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
1.67 |
1.44 |
2.62 |
1.85 |
4.11 |
Service Charge On Deposit Accounts |
- |
- |
0.32 |
- |
- |
Gain On Sale Of Guaranteed U S D A Loans |
- |
- |
- |
- |
- |
Payroll Processing Income |
- |
- |
- |
- |
- |
Bank And Purchase Card Revenue |
- |
- |
0.42 |
- |
- |
Interest Deposit Accounts And Federal Funds Sold |
- |
- |
1.90 |
- |
- |
Other Non-Interest Income |
4.79 |
7.14 |
6.94 |
19.43 |
8.40 |
Other Contractual Services |
0.70 |
1.00 |
0.53 |
0.63 |
0.63 |
Legal Issuer And Regulatory Filing Fees |
0.80 |
0.62 |
0.38 |
0.30 |
0.37 |
Total Noninterest Income |
7.97 |
10.19 |
24.09 |
22.20 |
13.52 |
Total Revenues |
32.75 |
26.79 |
45.26 |
42.96 |
34.64 |
Salaries & employee benefits, SGA |
1.01 |
16.96 |
15.09 |
16.52 |
15.77 |
Restructuring, Accretion & impairment charges |
- |
- |
0.05 |
0.17 |
1.44 |
Depriciation & Amortization |
0.38 |
0.39 |
0.40 |
0.46 |
0.50 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
1.33 |
1.90 |
1.75 |
2.18 |
1.65 |
Professional Fees and Commission |
- |
- |
- |
- |
- |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
0.46 |
0.11 |
0.23 |
0.18 |
0.49 |
Other Noninterest Expense |
3.66 |
2.48 |
2.63 |
3.24 |
2.84 |
Occupancy And Equipment Expense |
1.42 |
1.50 |
1.49 |
1.54 |
1.74 |
Audit And Accounting Fees |
0.31 |
0.38 |
0.14 |
0.23 |
0.20 |
|
4.03 |
- |
- |
- |
- |
Other loss/ -income |
16.61 |
1.62 |
0.92 |
0.93 |
1.01 |
Total Operating
Expenses |
29.21 |
25.33 |
22.69 |
25.45 |
25.64 |
Total Costs & Expenses |
33.68 |
27.48 |
24.82 |
27.97 |
28.27 |
Income /-loss before income taxes |
3.54 |
1.46 |
22.57 |
17.52 |
9.01 |
Income taxes expenses/-benefit |
0.80 |
0.34 |
5.15 |
4.72 |
2.20 |
Income after income taxes |
2.74 |
1.12 |
17.42 |
12.80 |
6.81 |
Net income/-loss
of other equity |
0.00 |
0.00 |
- |
-0.02 |
0.01 |
Income /-loss after income taxes |
2.74 |
1.12 |
17.42 |
12.78 |
6.81 |
Stockholders Equity Attributable to Noncontrolling Interest |
- |
- |
- |
0.00 |
0.00 |
Discontinued Operations |
- |
- |
0.34 |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
2.74 |
1.12 |
17.76 |
12.78 |
6.81 |
Noncontrolling interests |
- |
- |
- |
0.00 |
0.00 |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
0.00 |
- |
- |
Income/-loss to shareholder |
2.74 |
1.12 |
17.76 |
12.79 |
6.81 |