INCOME STATEMENT (Quarterly GAAP In millions $) |
(Dec 31 2020) IV. Quarter |
(Sep 30 2020) II. Quarter |
(Jun 30 2020) II. Quarter |
(Dec 31 2019) IV. Quarter |
(Mar 31 2019) I. Quarter |
Interest and Fee Income, Loans and Leases |
31.08 |
24.84 |
21.61 |
81.31 |
17.84 |
InterestIncome Debt Securities Available For Sale Operating |
0.44 |
0.27 |
0.32 |
0.92 |
0.26 |
Interest Income, Federal Funds Sold |
0.22 |
0.08 |
0.08 |
1.13 |
0.22 |
Other Interest and Dividend Income |
- |
- |
- |
2.97 |
- |
Other Income |
- |
- |
- |
-2.97 |
- |
Total Interest Income |
28.32 |
25.19 |
22.00 |
22.39 |
18.32 |
Interest Expense, Deposits |
-1.85 |
2.63 |
2.95 |
7.14 |
3.24 |
Interest Expense, Federal Home Loan Bank and Federal Reserve Bank Advances, Long-term |
- |
- |
- |
2.08 |
- |
Interest Expense, Borrowings |
-0.59 |
0.52 |
0.42 |
1.04 |
0.33 |
Other Intrest Expenses |
- |
- |
- |
-5.86 |
- |
Total Interest Expense |
3.08 |
3.15 |
3.38 |
12.06 |
3.57 |
Net Interest Income |
25.72 |
22.04 |
18.62 |
18.05 |
14.74 |
Provision
for loan losses |
6.48 |
3.50 |
3.30 |
0.92 |
0.12 |
Total Net Interest Income |
24.34 |
18.54 |
15.32 |
68.51 |
14.62 |
Fees and Commissions |
- |
- |
- |
- |
- |
Revenue From Contract With Customer Including Assessed Tax |
0.19 |
0.12 |
0.11 |
0.54 |
0.10 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Noninterest Income, Other Operating Income |
1.13 |
0.90 |
0.76 |
0.39 |
0.13 |
Other Than Temporary Impairments |
- |
- |
- |
- |
- |
Foreign Currency Transaction Gain (Loss) |
- |
- |
- |
0.38 |
- |
Gain (Loss) on Disposition of Assets and Other Investments |
- |
- |
- |
0.28 |
- |
Loss/ -Gain on Investment |
- |
- |
- |
-5.27 |
- |
Other Non-Interest Income |
20.70 |
20.12 |
12.95 |
23.44 |
3.85 |
Available For Sale Debt Securities Realized Gain Loss Other Than Temporary Impairments Amount |
-0.09 |
0.01 |
0.08 |
- |
0.02 |
Total Noninterest Income |
19.44 |
21.15 |
13.90 |
7.28 |
4.09 |
Total Revenues |
46.27 |
39.69 |
29.22 |
50.86 |
18.72 |
Salaries & employee benefits, SGA |
-12.91 |
13.24 |
11.90 |
0.80 |
7.23 |
Restructuring, Accretion & impairment charges |
- |
- |
- |
33.66 |
- |
Depriciation & Amortization |
- |
- |
- |
136.06 |
- |
Foreclosed Real Estate Expense |
- |
- |
- |
- |
- |
Information Technology and Data Processing |
9.19 |
7.88 |
5.67 |
4.64 |
3.31 |
Professional Fees and Commission |
3.01 |
2.57 |
1.63 |
2.49 |
0.92 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Supplies and Postage Expense |
- |
- |
- |
1.94 |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
1.04 |
- |
Other Noninterest Expense |
3.06 |
3.09 |
2.27 |
3.09 |
1.75 |
|
-2.48 |
1.33 |
1.15 |
- |
1.09 |
Other loss/ -income |
4.03 |
0.01 |
0.08 |
-145.25 |
0.02 |
Total Operating
Expenses |
30.09 |
28.12 |
22.70 |
17.76 |
14.33 |
Total Costs & Expenses |
36.68 |
31.27 |
26.08 |
41.68 |
17.90 |
Income /-loss before income taxes |
13.04 |
11.57 |
6.52 |
6.65 |
4.39 |
Income taxes expenses/-benefit |
3.35 |
3.13 |
1.76 |
1.58 |
1.07 |
Income after income taxes |
9.31 |
8.44 |
4.76 |
19.20 |
3.32 |
Net income/-loss
of other equity |
0.00 |
- |
0.00 |
0.00 |
- |
Income /-loss after income taxes |
9.31 |
8.44 |
4.76 |
19.20 |
3.32 |
Noncontrolling Interests |
- |
- |
- |
45.48 |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
9.31 |
8.44 |
4.76 |
19.20 |
3.32 |
Noncontrolling interests |
- |
- |
- |
45.48 |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
9.69 |
8.44 |
4.76 |
5.07 |
3.32 |