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 |
29.09 |
28.37 |
27.42 |
26.06 |
26.31 |
Interest and Dividend Income, Securities |
0.71 |
0.80 |
0.96 |
1.04 |
-0.16 |
Other Interest and Dividend Income |
0.32 |
0.33 |
0.29 |
0.29 |
0.54 |
Other Income |
2.29 |
2.19 |
2.08 |
1.93 |
4.45 |
Total Interest Income |
32.41 |
31.69 |
30.74 |
29.31 |
31.13 |
Interest Expense, Deposits |
5.67 |
4.32 |
3.31 |
1.82 |
-0.44 |
Interest Expense, Borrowings |
1.01 |
1.29 |
1.52 |
1.03 |
0.30 |
Interest Expense, Trust Preferred Securities |
0.30 |
0.30 |
0.30 |
0.29 |
0.30 |
Other Intrest Expenses |
1.49 |
1.32 |
1.27 |
1.21 |
2.23 |
Total Interest Expense |
8.47 |
7.22 |
6.39 |
4.35 |
2.39 |
Net Interest Income |
23.94 |
24.46 |
24.35 |
24.96 |
28.74 |
Provision
for loan losses |
2.48 |
2.05 |
1.70 |
2.05 |
2.54 |
Total Net Interest Income |
21.47 |
22.41 |
22.65 |
22.91 |
26.20 |
Fees and Commissions, Mortgage Banking and Servicing |
0.42 |
0.56 |
0.64 |
0.49 |
-0.48 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Noninterest Income, Other Operating Income |
- |
- |
- |
- |
- |
Noninterest Income Service Charges On Deposit Accounts |
- |
- |
1.07 |
1.05 |
- |
Noninterest Income Other Service Charges And Fees |
- |
- |
0.38 |
0.39 |
- |
Interest Income Money Market Deposits And Federal Funds Sold |
- |
- |
0.28 |
0.18 |
- |
Interest Income State And Municipal Obligations Operating Tax Exempt |
- |
- |
0.68 |
0.62 |
- |
Interest Income State And Municipal Obligations Operating Taxable |
- |
- |
0.18 |
0.18 |
- |
Interest Income Securities Corporate Debt Operating And Other Interest And Dividend Income |
- |
- |
- |
- |
- |
Available For Sale Securities Gross Realized Gain Loss On Calls And Sales |
- |
- |
- |
- |
- |
Available For Sale Securities Gains Losses On Maturities Calls And Sales |
- |
- |
- |
- |
- |
Available For Sale Securities Gross Realized Gains From Maturities And Calls |
- |
- |
- |
- |
- |
Debt Securities Available For Sale Realized Gain Loss |
- |
- |
- |
-0.01 |
- |
Loss/ -Gain on Investment |
0.85 |
1.22 |
1.92 |
1.79 |
-3.06 |
Other Non-Interest Income |
7.12 |
4.24 |
1.03 |
1.22 |
-5.93 |
Total Noninterest Income |
8.39 |
6.02 |
7.76 |
7.44 |
4.05 |
Total Revenues |
29.86 |
28.43 |
30.41 |
30.35 |
30.25 |
Salaries & employee benefits, SGA |
15.58 |
12.92 |
14.02 |
13.90 |
11.45 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
2.02 |
1.94 |
1.99 |
2.04 |
2.01 |
Professional Fees and Commission |
2.75 |
- |
- |
- |
- |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
-10.28 |
6.47 |
6.48 |
6.46 |
5.86 |
Other loss/ -income |
13.58 |
- |
- |
- |
- |
Total Operating
Expenses |
23.66 |
21.33 |
22.49 |
22.40 |
19.32 |
Total Costs & Expenses |
32.13 |
28.56 |
28.88 |
26.75 |
21.71 |
Income /-loss before income taxes |
6.20 |
7.10 |
7.92 |
7.95 |
10.92 |
Income taxes expenses/-benefit |
1.11 |
1.32 |
1.53 |
1.45 |
1.90 |
Income after income taxes |
5.09 |
5.78 |
6.38 |
6.50 |
9.02 |
Net income/-loss
of other equity |
- |
0.00 |
- |
- |
0.00 |
Income /-loss after income taxes |
5.09 |
5.78 |
6.38 |
6.50 |
9.02 |
Stockholders Equity Attributable to Noncontrolling Interest |
0.02 |
-0.01 |
0.08 |
0.06 |
-0.09 |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
5.09 |
5.78 |
6.38 |
6.50 |
9.02 |
Noncontrolling interests |
0.02 |
-0.01 |
0.08 |
0.06 |
-0.09 |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
5.07 |
5.79 |
6.31 |
6.44 |
9.11 |