INCOME STATEMENT (Quarterly GAAP In millions $) |
(Dec 31 2017) IV. Quarter |
(Sep 30 2017) III. Quarter |
(Jun 30 2017) II. Quarter |
(Mar 31 2017) I. Quarter |
(Dec 31 2016) IV. Quarter |
Interest and Fee Income, Loans and Leases |
20.07 |
20.18 |
19.39 |
19.48 |
17.92 |
Interest and Dividend Income, Securities |
1.66 |
1.68 |
1.62 |
1.49 |
1.20 |
Other Interest and Dividend Income |
0.25 |
0.23 |
0.14 |
0.08 |
0.08 |
Total Interest Income |
21.97 |
22.09 |
21.15 |
21.05 |
19.21 |
Interest Expense, Deposits |
1.72 |
1.86 |
1.74 |
1.68 |
1.73 |
Interest Expense, Borrowings |
1.36 |
1.10 |
0.76 |
0.53 |
0.38 |
Total Interest Expense |
3.08 |
2.96 |
2.50 |
2.21 |
2.11 |
Net Interest Income |
18.89 |
19.14 |
18.66 |
18.83 |
17.11 |
Provision
for loan losses |
0.47 |
1.86 |
0.82 |
1.35 |
0.85 |
Total Net Interest Income |
18.43 |
17.27 |
17.84 |
17.49 |
16.26 |
Fees and Commissions, Depositor Accounts |
2.46 |
2.52 |
2.51 |
2.48 |
2.36 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
1.52 |
0.67 |
1.07 |
0.69 |
0.70 |
Loss/ -Gain on Investment |
2.77 |
1.00 |
0.04 |
0.01 |
-1.29 |
Other Non-Interest Income |
-2.10 |
0.04 |
0.97 |
1.09 |
2.63 |
Noninterest Expense Income From Real Estate Owned Net |
0.03 |
-0.04 |
0.10 |
-0.09 |
0.00 |
Total Noninterest Income |
4.68 |
4.19 |
4.69 |
4.18 |
4.39 |
Total Revenues |
23.11 |
21.46 |
22.53 |
21.66 |
20.65 |
Salaries & employee benefits, SGA |
7.01 |
7.26 |
7.03 |
8.38 |
7.76 |
Depriciation & Amortization |
0.26 |
0.26 |
0.26 |
0.26 |
0.26 |
Foreclosed Real Estate Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
3.19 |
3.10 |
3.21 |
3.26 |
3.10 |
Professional Fees |
0.43 |
0.41 |
0.42 |
0.61 |
0.76 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Supplies and Postage Expense |
0.21 |
0.21 |
0.22 |
0.21 |
0.23 |
Federal Deposit Insurance Corporation Premium Expense |
0.30 |
0.25 |
0.28 |
0.25 |
0.54 |
Other Noninterest Expense |
1.54 |
2.83 |
1.29 |
1.58 |
0.97 |
Other loss/ -income |
0.03 |
-0.04 |
0.10 |
-0.09 |
0.00 |
Total Operating
Expenses |
12.96 |
14.26 |
12.80 |
14.44 |
13.63 |
Total Costs & Expenses |
16.04 |
17.22 |
15.29 |
16.66 |
15.73 |
Income /-loss before income taxes |
10.15 |
7.20 |
9.74 |
7.22 |
7.03 |
Income taxes expenses/-benefit |
5.55 |
2.07 |
3.08 |
2.30 |
2.19 |
Income after income taxes |
4.61 |
5.13 |
6.66 |
4.92 |
4.83 |
Net income/-loss
of other equity |
- |
- |
- |
- |
0.00 |
Income /-loss after income taxes |
4.61 |
5.13 |
6.66 |
4.92 |
4.83 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
4.61 |
5.13 |
6.66 |
4.92 |
4.83 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
4.61 |
5.13 |
6.66 |
4.92 |
4.83 |