INCOME STATEMENT (Quarterly GAAP In millions $) |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
(Sep 30 2022) III. Quarter |
Interest and Fee Income, Loans and Leases |
8.50 |
7.53 |
7.32 |
7.31 |
6.86 |
Interest and Dividend Income, Securities |
1.06 |
1.07 |
1.07 |
-2.55 |
1.06 |
Other Interest and Dividend Income |
1.04 |
0.30 |
0.34 |
0.26 |
0.08 |
Other Income |
2.22 |
2.26 |
2.31 |
5.95 |
2.13 |
Total Interest Income |
12.82 |
11.16 |
11.03 |
10.97 |
10.12 |
Interest Expense, Deposits |
3.48 |
2.45 |
1.82 |
0.96 |
0.50 |
Interest Expense, Borrowings |
1.91 |
1.30 |
1.53 |
1.20 |
0.58 |
Total Interest Expense |
5.39 |
3.74 |
3.36 |
2.16 |
1.07 |
Net Interest Income |
7.43 |
7.41 |
7.68 |
8.81 |
9.05 |
Provision
for loan losses |
0.10 |
0.42 |
0.05 |
0.03 |
-0.05 |
Total Net Interest Income |
7.33 |
7.00 |
7.63 |
8.78 |
9.10 |
Other Revenue Expense From Real Estate Operations |
- |
- |
- |
- |
- |
Revenue From Contract With Customer Excluding Assessed Tax |
0.99 |
0.89 |
0.91 |
0.97 |
1.02 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Noninterest Income, Other |
1.11 |
0.30 |
0.41 |
0.71 |
0.75 |
Debt And Equity Securities Gain Loss |
- |
- |
- |
- |
- |
Reversal Of Provision For Loan Losses |
- |
- |
- |
0.05 |
-0.05 |
Other Non-Interest Income |
1.11 |
1.07 |
1.04 |
0.99 |
1.16 |
Total Noninterest Income |
3.21 |
2.26 |
2.36 |
2.71 |
2.88 |
Total Revenues |
10.54 |
9.26 |
9.99 |
11.49 |
11.98 |
Salaries & employee benefits, SGA |
4.66 |
4.71 |
4.70 |
4.29 |
4.51 |
Foreclosed Real Estate Expense |
- |
- |
- |
0.04 |
- |
Occupancy, Net |
1.94 |
1.86 |
1.85 |
-2.26 |
1.97 |
Professional Fees and Commission |
- |
- |
- |
- |
- |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
2.49 |
2.47 |
2.16 |
2.21 |
2.46 |
Other loss/ -income |
- |
- |
- |
4.22 |
- |
Total Operating
Expenses |
9.08 |
9.04 |
8.70 |
8.50 |
8.94 |
Total Costs & Expenses |
14.47 |
12.78 |
12.06 |
10.66 |
10.01 |
Income /-loss before income taxes |
1.46 |
0.22 |
1.29 |
2.99 |
3.04 |
Income taxes expenses/-benefit |
0.25 |
-0.08 |
0.15 |
0.53 |
0.46 |
Income after income taxes |
1.21 |
0.30 |
1.14 |
2.46 |
2.58 |
Net income/-loss
of other equity |
- |
- |
0.00 |
- |
- |
Income /-loss after income taxes |
1.21 |
0.30 |
1.14 |
2.46 |
2.58 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
1.21 |
0.30 |
1.14 |
2.46 |
2.58 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
1.21 |
0.30 |
1.14 |
2.46 |
2.58 |