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 |
17.77 |
15.98 |
14.87 |
14.39 |
13.61 |
Interest and Dividend Income, Securities |
1.42 |
1.39 |
1.44 |
1.49 |
1.46 |
Other Interest and Dividend Income |
1.76 |
0.57 |
0.18 |
0.18 |
0.24 |
Other Income |
5.35 |
5.38 |
4.91 |
4.58 |
3.97 |
Total Interest Income |
26.30 |
23.32 |
21.40 |
20.64 |
19.29 |
Interest Expense, Deposits |
7.24 |
5.06 |
3.28 |
2.50 |
1.56 |
Interest Expense, Federal Home Loan Bank and Federal Reserve Bank Advances, Long-term |
0.27 |
0.62 |
0.61 |
0.11 |
0.01 |
Interest Expense, Other |
2.57 |
1.55 |
0.51 |
0.66 |
0.38 |
Total Interest Expense |
10.08 |
7.23 |
4.39 |
3.27 |
1.95 |
Net Interest Income |
16.23 |
16.09 |
17.01 |
17.37 |
17.34 |
Provision
for loan losses |
0.44 |
-0.42 |
0.31 |
0.15 |
0.10 |
Total Net Interest Income |
16.23 |
16.34 |
16.99 |
17.22 |
17.24 |
Insurance Commissions and Fees |
0.17 |
0.17 |
0.20 |
0.18 |
0.16 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
0.33 |
0.29 |
0.29 |
0.30 |
0.27 |
Other Than Temporary Impairment Losses Investments Availableforsale Securities |
- |
- |
- |
- |
- |
Gains Losses On Sales Of Other Assets |
- |
- |
- |
- |
- |
Life Insurance Income |
- |
- |
- |
- |
- |
Change In Market Value Of Equity Securities |
- |
- |
- |
- |
- |
Customer Service Charges |
2.38 |
2.27 |
2.27 |
- |
- |
Equity Securities Fv Ni Gain Loss |
- |
-0.39 |
0.06 |
- |
- |
Trust Income |
0.20 |
0.20 |
0.18 |
- |
- |
Gain (Loss) on Disposition of Assets and Other Investments |
0.01 |
0.13 |
0.00 |
-0.07 |
- |
Loss/ -Gain on Investment |
0.54 |
0.54 |
0.40 |
-0.79 |
0.43 |
Other Non-Interest Income |
0.14 |
0.27 |
0.26 |
4.13 |
2.57 |
Debt Securities Available For Sale Realized Gain Loss |
-0.07 |
- |
- |
0.00 |
-0.38 |
Total Noninterest Income |
3.70 |
3.49 |
3.67 |
3.75 |
3.05 |
Total Revenues |
19.93 |
19.83 |
20.66 |
20.97 |
20.29 |
Salaries & employee benefits, SGA |
0.27 |
0.16 |
0.15 |
0.29 |
0.20 |
Depriciation & Amortization |
0.25 |
0.25 |
0.25 |
0.25 |
0.30 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
-1.43 |
1.51 |
-1.64 |
1.50 |
1.55 |
Professional Fees |
-0.44 |
0.62 |
-0.62 |
0.55 |
0.56 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Supplies and Postage Expense |
-0.19 |
0.20 |
-0.19 |
0.18 |
0.18 |
Federal Deposit Insurance Corporation Premium Expense |
-0.27 |
0.22 |
-0.30 |
0.08 |
0.20 |
Other Noninterest Expense |
-1.13 |
1.10 |
-1.07 |
1.12 |
1.04 |
Provision For Credit Losses On Unfunded Commitments |
0.44 |
0.17 |
0.28 |
- |
- |
Other loss/ -income |
-10.20 |
9.35 |
-10.05 |
9.25 |
9.40 |
Total Operating
Expenses |
-12.70 |
13.57 |
-13.19 |
13.22 |
13.42 |
Total Costs & Expenses |
-2.62 |
20.80 |
-8.81 |
16.48 |
15.36 |
Income /-loss before income taxes |
6.20 |
6.25 |
6.66 |
7.75 |
6.87 |
Income taxes expenses/-benefit |
1.08 |
1.04 |
1.03 |
1.07 |
1.06 |
Income after income taxes |
5.12 |
5.21 |
5.63 |
6.68 |
5.81 |
Net income/-loss
of other equity |
- |
- |
- |
- |
- |
Income /-loss after income taxes |
5.12 |
5.21 |
5.63 |
6.68 |
5.81 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
5.12 |
5.21 |
5.63 |
6.68 |
5.81 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
5.12 |
5.21 |
5.63 |
6.68 |
5.81 |