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 |
6.92 |
6.73 |
6.44 |
5.93 |
5.99 |
Interest and Dividend Income, Securities, Operating |
0.37 |
0.38 |
0.39 |
0.35 |
0.31 |
Other Income |
0.10 |
0.13 |
0.07 |
0.08 |
0.08 |
Total Interest Income |
7.39 |
7.24 |
6.90 |
6.36 |
6.38 |
Interest Expense, Deposits |
1.47 |
0.54 |
0.44 |
0.46 |
1.08 |
Interest Expense, Federal Funds Purchased |
0.00 |
0.00 |
0.00 |
- |
- |
Interest Expense, Borrowings |
0.28 |
0.09 |
0.11 |
0.06 |
0.18 |
Other Intrest Expenses |
0.00 |
0.00 |
- |
0.00 |
0.00 |
Total Interest Expense |
0.64 |
0.63 |
0.55 |
0.52 |
0.52 |
Net Interest Income |
6.75 |
6.61 |
6.35 |
5.84 |
5.86 |
Provision
for loan losses |
0.38 |
0.31 |
0.52 |
0.44 |
0.37 |
Total Net Interest Income |
6.37 |
6.30 |
5.82 |
5.40 |
5.49 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
0.16 |
0.18 |
0.28 |
0.25 |
0.21 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Noninterest Income, Other |
0.32 |
1.78 |
0.23 |
0.42 |
1.22 |
Interest Income Federal Funds Sold And Interest Bearing Deposits With Other Banks |
- |
- |
- |
- |
- |
Electronic Banking Fees |
- |
- |
- |
- |
- |
Business Combination Bargain Purchase Gain Recognized Amount Before Tax |
- |
- |
- |
- |
- |
Loss/ -Gain on Investment |
-0.13 |
-0.06 |
- |
0.01 |
0.62 |
Other Non-Interest Income |
0.58 |
0.60 |
0.61 |
0.39 |
0.47 |
Loan Collection Costs |
0.02 |
-0.01 |
0.04 |
0.03 |
0.07 |
Core Deposit Intangible Amortization |
0.17 |
0.18 |
0.20 |
0.24 |
0.24 |
Total Noninterest Income |
1.25 |
2.66 |
1.35 |
1.33 |
1.08 |
Total Revenues |
7.62 |
8.96 |
7.18 |
6.73 |
5.16 |
Salaries & employee benefits, SGA |
3.56 |
3.33 |
3.05 |
2.88 |
1.82 |
Restructuring, Accretion & impairment charges |
0.29 |
- |
- |
0.15 |
0.11 |
Foreclosed Real Estate Expense |
0.07 |
0.13 |
0.02 |
0.02 |
0.34 |
Communications, Occupancy and Information Technology |
3.05 |
1.06 |
0.97 |
1.09 |
3.24 |
Professional Fees |
0.70 |
0.08 |
0.30 |
0.23 |
0.73 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
0.26 |
0.09 |
0.10 |
0.07 |
0.33 |
Other Noninterest Expense |
1.68 |
0.43 |
0.53 |
0.48 |
1.36 |
Other loss/ -income |
0.19 |
0.17 |
0.23 |
0.27 |
0.30 |
Total Operating
Expenses |
5.95 |
5.30 |
5.20 |
5.18 |
5.71 |
Total Costs & Expenses |
6.60 |
5.93 |
5.76 |
5.70 |
4.91 |
Income /-loss before income taxes |
1.67 |
3.66 |
1.97 |
1.54 |
0.85 |
Income taxes expenses/-benefit |
1.21 |
1.46 |
0.75 |
0.59 |
0.31 |
Income after income taxes |
2.64 |
2.20 |
1.23 |
0.96 |
1.59 |
Net income/-loss
of other equity |
0.00 |
- |
- |
0.00 |
0.00 |
Income /-loss after income taxes |
0.46 |
2.20 |
1.23 |
0.96 |
0.45 |
Stockholders Equity Attributable to Noncontrolling Interest |
- |
- |
- |
- |
-0.14 |
Discontinued Operations |
- |
- |
- |
- |
0.75 |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
0.46 |
2.20 |
1.23 |
0.96 |
0.54 |
Noncontrolling interests |
- |
- |
- |
- |
-0.14 |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
0.06 |
Income/-loss to shareholder |
0.46 |
2.20 |
1.23 |
0.96 |
1.39 |