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 Held-in-portfolio |
24.92 |
24.27 |
22.55 |
22.50 |
21.83 |
Interest and Dividend Income, Securities |
2.68 |
2.74 |
2.81 |
-5.09 |
2.35 |
Interest Income, Federal Funds Sold and Securities Purchased under Agreements to Resell |
0.42 |
0.38 |
0.07 |
0.05 |
0.10 |
Other Income |
14.38 |
13.49 |
11.99 |
18.14 |
7.65 |
Total Interest Income |
42.38 |
40.88 |
37.42 |
35.60 |
31.93 |
Interest Expense, Deposits |
8.77 |
7.94 |
6.00 |
3.71 |
1.76 |
Interest Expense, Short-term Borrowings |
3.95 |
2.97 |
2.16 |
1.52 |
0.39 |
Interest Expense, Trust Preferred Securities |
0.76 |
0.69 |
1.13 |
-0.71 |
0.87 |
Other Intrest Expenses |
0.82 |
0.96 |
- |
1.71 |
- |
Total Interest Expense |
14.30 |
12.56 |
9.29 |
6.24 |
3.02 |
Net Interest Income |
28.09 |
28.32 |
28.13 |
29.36 |
28.91 |
Provision
for loan losses |
-0.03 |
-0.07 |
0.26 |
6.54 |
1.21 |
Total Net Interest Income |
28.12 |
28.39 |
27.87 |
22.88 |
27.65 |
Fees and Commissions, Depositor Accounts |
- |
- |
- |
- |
- |
Revenue From Contract With Customer Excluding Assessed Tax |
6.06 |
5.69 |
5.38 |
3.08 |
3.22 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Noninterest Income, Other Operating Income |
1.15 |
1.31 |
0.98 |
-4.44 |
3.40 |
Benefit For Credit Losses On Unfunded Loan Commitments |
- |
- |
- |
-0.05 |
- |
Gain Loss On Sale Of Investments |
- |
- |
- |
- |
- |
Provision Benefit For Loan And Lease Losses |
- |
- |
- |
- |
- |
Debt Securities Available For Sale Gain Loss |
- |
- |
- |
- |
- |
Service Charges On Deposits |
- |
- |
- |
- |
- |
Debt Securities Available For Sale Realized Gain Loss |
- |
0.35 |
0.05 |
1.49 |
- |
Other Non-Interest Income |
- |
- |
- |
8.59 |
0.00 |
Life Insurance Corporate Or Bank Owned Change In Value |
0.56 |
0.66 |
0.17 |
-1.00 |
- |
Total Noninterest Income |
7.76 |
8.01 |
6.58 |
7.66 |
6.61 |
Total Revenues |
35.88 |
36.40 |
34.45 |
30.54 |
34.26 |
Salaries & employee benefits, SGA |
12.62 |
12.13 |
12.82 |
11.98 |
11.52 |
Foreclosed Real Estate Expense |
- |
- |
- |
- |
- |
Occupancy, Net |
2.48 |
2.44 |
2.33 |
2.55 |
2.47 |
Professional Fees and Commission |
- |
- |
- |
- |
- |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
7.46 |
8.40 |
7.85 |
6.99 |
7.01 |
Total Operating
Expenses |
22.56 |
22.97 |
22.99 |
21.52 |
21.00 |
Total Costs & Expenses |
36.86 |
35.53 |
32.28 |
27.76 |
24.01 |
Income /-loss before income taxes |
13.32 |
13.43 |
11.46 |
9.02 |
13.27 |
Income taxes expenses/-benefit |
3.44 |
3.51 |
2.71 |
1.90 |
3.33 |
Income after income taxes |
9.89 |
9.92 |
8.75 |
7.11 |
9.94 |
Net income/-loss
of other equity |
- |
- |
- |
- |
- |
Income /-loss after income taxes |
9.89 |
9.92 |
8.75 |
7.11 |
9.94 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
9.89 |
9.92 |
8.75 |
7.11 |
9.94 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
9.89 |
9.92 |
8.75 |
7.11 |
9.94 |