INCOME STATEMENT (Quarterly GAAP In millions $) |
(Dec 31 2023) IV. Quarter |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
Interest and Fee Income, Loans and Leases |
40.41 |
39.34 |
37.61 |
34.89 |
32.48 |
Interest and Dividend Income, Securities |
0.01 |
0.01 |
0.01 |
0.01 |
-6.71 |
Interest Income, Federal Funds Sold |
1.39 |
1.85 |
2.78 |
4.11 |
4.46 |
Other Income |
4.39 |
4.55 |
4.80 |
4.91 |
11.56 |
Total Interest Income |
46.18 |
45.75 |
45.21 |
43.93 |
41.79 |
Interest Expense, Deposits |
5.87 |
5.21 |
4.01 |
2.49 |
1.90 |
Interest Expense, Short-term Borrowings |
0.51 |
0.63 |
0.45 |
0.46 |
0.69 |
Interest Expense, Long-term Debt and Capital Securities |
0.63 |
0.63 |
0.60 |
0.57 |
0.51 |
Other Intrest Expenses |
0.00 |
0.00 |
0.00 |
0.01 |
0.03 |
Total Interest Expense |
7.01 |
6.47 |
5.07 |
3.53 |
3.12 |
Net Interest Income |
39.17 |
39.28 |
40.14 |
40.40 |
38.67 |
Provision
for loan losses |
2.03 |
2.39 |
2.20 |
3.10 |
3.85 |
Total Net Interest Income |
37.15 |
36.89 |
37.94 |
37.30 |
34.81 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
- |
- |
- |
- |
- |
Revenue From Contract With Customer Including Assessed Tax |
5.30 |
5.46 |
5.33 |
5.24 |
5.54 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Noninterest Income, Other |
1.54 |
1.77 |
3.33 |
1.99 |
1.82 |
Interest Income Federal Funds Sold And Interest Bearing Deposits |
- |
- |
- |
- |
- |
Data Processing |
- |
- |
- |
- |
- |
Asset Management Fees |
- |
- |
- |
- |
- |
Other Non-Interest Income |
10.32 |
9.51 |
11.31 |
10.53 |
-5.83 |
Foreclosed Real Estate Expense Or Income |
- |
- |
- |
- |
0.00 |
Total Noninterest Income |
17.16 |
16.73 |
19.97 |
17.76 |
1.53 |
Total Revenues |
54.30 |
53.62 |
57.91 |
55.06 |
36.34 |
Salaries & employee benefits, SGA |
23.82 |
23.00 |
23.44 |
23.52 |
16.54 |
Restructuring, Accretion & impairment charges |
- |
- |
- |
- |
-0.38 |
Foreclosed Real Estate Expense |
- |
- |
- |
- |
- |
Occupancy, Net |
7.10 |
6.98 |
6.82 |
6.76 |
6.25 |
Professional Fees and Commission |
- |
- |
- |
- |
- |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
9.04 |
9.12 |
10.03 |
7.39 |
9.67 |
Other loss/ -income |
- |
- |
- |
- |
0.00 |
Total Operating
Expenses |
39.96 |
39.11 |
40.29 |
37.68 |
32.09 |
Total Costs & Expenses |
46.97 |
45.58 |
45.35 |
41.20 |
35.22 |
Income /-loss before income taxes |
14.35 |
14.51 |
17.62 |
17.38 |
4.25 |
Income taxes expenses/-benefit |
2.91 |
3.00 |
3.42 |
3.71 |
0.31 |
Income after income taxes |
11.44 |
11.51 |
14.21 |
13.67 |
3.93 |
Net income/-loss
of other equity |
0.51 |
2.30 |
- |
0.07 |
0.20 |
Income /-loss after income taxes |
11.94 |
13.80 |
14.21 |
13.74 |
4.13 |
Temporary Equity, Carrying Amount, Attributable to Parent TE |
0.28 |
1.15 |
-0.03 |
0.04 |
1.00 |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
11.94 |
13.80 |
14.21 |
13.74 |
4.13 |
Noncontrolling interests |
0.28 |
1.15 |
-0.03 |
0.04 |
1.00 |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
11.72 |
12.66 |
14.17 |
13.71 |
4.93 |