INCOME STATEMENT (Quarterly GAAP In millions $) |
(Dec 31 2023) I. Quarter |
(Sep 30 2023) IV. Quarter |
(Jun 30 2023) III. Quarter |
(Mar 31 2023) II. Quarter |
(Dec 31 2022) I. Quarter |
Interest and Fee Income, Loans and Leases |
94.96 |
90.09 |
81.24 |
83.88 |
68.40 |
Interest Income, Securities, Mortgage Backed |
10.05 |
10.23 |
10.23 |
10.33 |
10.41 |
Other Interest and Dividend Income |
10.89 |
9.33 |
7.87 |
10.48 |
6.25 |
Total Interest Income |
115.90 |
109.64 |
99.35 |
104.69 |
85.06 |
Interest Expense, Deposits |
3.53 |
6.15 |
0.16 |
2.10 |
0.14 |
Interest Expense, Federal Home Loan Bank and Federal Reserve Bank Advances, Long-term |
2.34 |
5.13 |
1.72 |
1.19 |
0.86 |
Total Interest Expense |
10.42 |
45.71 |
- |
- |
- |
Total Interest Expense |
5.86 |
4.71 |
1.88 |
3.28 |
1.00 |
Net Interest Income |
110.04 |
104.93 |
97.47 |
101.41 |
84.06 |
Provision
for loan losses |
9.89 |
9.04 |
1.77 |
36.76 |
9.78 |
Total Net Interest Income |
100.15 |
95.89 |
95.69 |
64.64 |
74.28 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
- |
- |
- |
- |
- |
Revenue From Contract With Customer Including Assessed Tax |
0.42 |
39.45 |
- |
- |
- |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Noninterest Income, Other |
5.18 |
8.19 |
5.89 |
4.48 |
3.56 |
Fees And Commissions Tax Product Loans |
- |
- |
- |
- |
- |
Gain (Loss) on Disposition of Assets and Other Investments |
- |
-10.00 |
- |
- |
10.00 |
Loss/ -Gain on Investment |
2.84 |
0.51 |
0.81 |
-0.75 |
0.50 |
Other Non-Interest Income |
44.32 |
31.64 |
50.52 |
108.59 |
42.09 |
Operating Lease Equipment Depreciation Expense |
- |
-25.24 |
10.52 |
14.72 |
9.63 |
Total Noninterest Income |
52.76 |
56.05 |
67.73 |
127.04 |
65.78 |
Total Revenues |
152.91 |
151.94 |
163.43 |
191.68 |
140.06 |
Salaries & employee benefits, SGA |
46.65 |
46.35 |
47.40 |
47.55 |
43.02 |
Restructuring, Accretion & impairment charges |
- |
-7.13 |
1.17 |
1.44 |
1.26 |
Unusual Expense /-Income |
4.89 |
7.63 |
5.09 |
4.92 |
9.46 |
Depriciation & Amortization |
0.98 |
4.97 |
- |
- |
- |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Occupancy, Net |
8.85 |
26.29 |
8.60 |
8.51 |
8.31 |
Noninterest Expense Transfer Agent and Custodian Fees |
- |
- |
- |
- |
- |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
12.67 |
39.64 |
10.75 |
13.11 |
10.55 |
Card Processing Expense |
34.58 |
-53.27 |
26.34 |
26.92 |
22.68 |
Noninterest Expense Income Transfer Agent And Custodian Fees |
- |
-9.59 |
1.73 |
7.86 |
0.11 |
Tax Product Loans Expense Income |
- |
-1.84 |
0.24 |
1.60 |
0.03 |
Fees And Commissions Expenses Other |
0.19 |
- |
- |
- |
- |
Refund Advance Expense |
0.03 |
- |
- |
- |
- |
Other loss/ -income |
10.42 |
101.84 |
13.27 |
15.22 |
9.65 |
Total Operating
Expenses |
119.27 |
118.20 |
114.58 |
127.14 |
105.06 |
Total Costs & Expenses |
125.14 |
122.91 |
116.46 |
130.42 |
106.06 |
Income /-loss before income taxes |
33.63 |
33.74 |
48.85 |
64.54 |
35.00 |
Income taxes expenses/-benefit |
5.72 |
-2.67 |
3.24 |
9.18 |
6.58 |
Income after income taxes |
27.91 |
36.41 |
45.60 |
55.37 |
28.42 |
Net income/-loss
of other equity |
- |
- |
- |
0.00 |
0.00 |
Income /-loss after income taxes |
27.91 |
36.41 |
45.60 |
55.37 |
28.42 |
Stockholders Equity Attributable to Noncontrolling Interest |
0.26 |
0.51 |
0.51 |
0.60 |
0.58 |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
27.91 |
36.41 |
45.60 |
55.37 |
28.42 |
Noncontrolling interests |
0.26 |
0.51 |
0.51 |
0.60 |
0.58 |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
27.66 |
35.91 |
45.10 |
54.77 |
27.84 |