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 |
142.95 |
136.56 |
132.30 |
121.93 |
98.39 |
Other Income |
9.37 |
10.50 |
13.06 |
10.62 |
5.02 |
Total Interest Income |
152.32 |
147.06 |
145.36 |
132.55 |
103.40 |
Interest Expense, Borrowings |
14.73 |
13.87 |
16.17 |
17.13 |
9.19 |
Other Intrest Expenses |
54.03 |
49.12 |
43.15 |
29.37 |
14.19 |
Total Interest Expense |
68.76 |
62.99 |
59.32 |
46.50 |
23.37 |
Net Interest Income |
83.56 |
84.07 |
86.04 |
86.05 |
80.03 |
Provision
for loan losses |
3.91 |
3.03 |
5.73 |
25.54 |
5.78 |
Total Net Interest Income |
79.78 |
81.04 |
80.18 |
60.51 |
74.31 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
- |
- |
- |
- |
- |
Revenue From Contract With Customer Including Assessed Tax |
3.06 |
3.02 |
2.87 |
2.66 |
2.92 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Noninterest Income, Other |
3.26 |
1.24 |
1.43 |
4.18 |
2.09 |
Gain Loss On Sale Of Loans And Leases Held For Sale |
- |
- |
- |
- |
- |
Debt Securities Available For Sale Excluding Accrued Interest Allowance For Credit Loss Not Previously Recorded |
- |
- |
- |
- |
- |
Interest Income Debt Securities |
- |
- |
- |
- |
- |
Interest And Dividend Income Short Term Investment |
- |
- |
- |
- |
- |
Interest And Dividend Income Marketable Equity Securities |
- |
- |
- |
- |
- |
Provision For Credit Losses |
- |
- |
- |
- |
- |
Provision Credit For Credit Losses |
- |
- |
- |
- |
- |
Loss/ -Gain on Investment |
-0.38 |
0.38 |
0.00 |
1.70 |
-3.26 |
Other Non-Interest Income |
-59.20 |
-55.02 |
-48.52 |
-31.43 |
-12.64 |
Interest Expense Deposits Excluding Brokered Deposits |
54.03 |
49.12 |
43.15 |
29.37 |
14.19 |
Equipment And Data Processing Expense |
7.25 |
6.77 |
6.53 |
6.46 |
5.76 |
Total Noninterest Income |
8.03 |
5.51 |
5.46 |
12.94 |
9.06 |
Total Revenues |
87.81 |
86.55 |
85.64 |
73.44 |
83.36 |
Salaries & employee benefits, SGA |
0.76 |
1.17 |
1.38 |
1.41 |
54.60 |
Restructuring, Accretion & impairment charges |
- |
- |
1.00 |
6.41 |
0.64 |
Depriciation & Amortization |
1.97 |
1.96 |
1.95 |
1.97 |
0.12 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Occupancy, Net |
5.13 |
4.98 |
4.87 |
5.22 |
4.01 |
Professional Fees |
1.44 |
2.37 |
1.99 |
1.43 |
1.55 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
1.84 |
2.15 |
2.61 |
1.24 |
1.00 |
Other Noninterest Expense |
5.47 |
4.79 |
4.05 |
4.07 |
3.58 |
Other loss/ -income |
42.65 |
40.26 |
39.97 |
43.03 |
-19.79 |
Total Operating
Expenses |
59.24 |
57.68 |
57.83 |
64.78 |
47.23 |
Total Costs & Expenses |
128.01 |
120.67 |
117.15 |
111.28 |
70.60 |
Income /-loss before income taxes |
28.56 |
28.87 |
27.82 |
8.67 |
36.14 |
Income taxes expenses/-benefit |
5.68 |
6.17 |
5.97 |
1.11 |
6.44 |
Income after income taxes |
22.89 |
22.70 |
21.85 |
7.56 |
29.70 |
Net income/-loss
of other equity |
0.00 |
- |
- |
0.00 |
0.00 |
Income /-loss after income taxes |
22.89 |
22.70 |
21.85 |
7.56 |
29.70 |
Net Income (Loss) Attributable to Noncontrolling Interest |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
22.89 |
22.70 |
21.85 |
7.56 |
29.70 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
22.89 |
22.70 |
21.85 |
7.56 |
29.70 |