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 |
577.74 |
569.67 |
552.68 |
413.53 |
146.77 |
Interest and Dividend Income, Securities |
84.98 |
87.00 |
85.85 |
43.13 |
-68.11 |
Other Interest and Dividend Income |
24.06 |
34.41 |
34.62 |
18.58 |
0.38 |
Other Income |
4.86 |
4.94 |
2.58 |
0.72 |
101.10 |
Total Interest Income |
691.63 |
696.01 |
675.73 |
475.95 |
180.14 |
Interest Expense, Deposits |
170.66 |
126.97 |
100.41 |
63.61 |
7.83 |
Interest Expense, Federal Funds Purchased and Securities Sold under Agreements to Repurchase |
1.23 |
1.22 |
1.07 |
0.41 |
0.94 |
Interest Expense, Junior Subordinated Debentures |
10.06 |
9.86 |
9.27 |
8.47 |
0.13 |
Interest Expense, Debt |
56.07 |
77.08 |
81.00 |
28.76 |
- |
Other Intrest Expenses |
- |
- |
- |
- |
4.55 |
Total Interest Expense |
238.01 |
215.14 |
191.75 |
101.25 |
13.44 |
Net Interest Income |
453.62 |
480.88 |
483.98 |
374.70 |
166.69 |
Provision
for loan losses |
54.91 |
36.74 |
16.01 |
105.54 |
2.40 |
Total Net Interest Income |
398.71 |
444.14 |
467.96 |
269.16 |
164.29 |
Fees and Commissions, Mortgage Banking and Servicing |
-7.82 |
- |
- |
7.82 |
- |
Revenue From Contract With Customer Excluding Assessed Tax |
86.08 |
17.41 |
16.45 |
14.31 |
- |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
18.23 |
-5.12 |
3.81 |
13.60 |
-2.75 |
Other Than Temporary Impairment Losses Investments Availableforsale Securities |
- |
- |
- |
- |
- |
Gainonsaleofmerchantcardservicesportfolio |
- |
- |
- |
- |
- |
Interest Income Federal Funds Sold And Deposits In Banks |
- |
- |
- |
- |
- |
Change In Federal Deposit Insurance Corporation Loss Sharing Asset |
- |
- |
- |
- |
- |
Cardrevenue |
- |
- |
- |
- |
5.20 |
Financialservicesandtrustrevenue |
- |
- |
- |
- |
4.54 |
Loanrevenue |
- |
- |
- |
- |
2.66 |
Depositaccountandtreasurymanagementfees |
- |
- |
- |
- |
7.99 |
Loss/ -Gain on Investment |
1.16 |
1.87 |
0.44 |
0.94 |
-0.01 |
Other Non-Interest Income |
-32.13 |
29.82 |
18.97 |
18.06 |
10.65 |
Taxes Licenses And Fees |
- |
- |
- |
- |
-4.94 |
Netcostbenefitofoperationofotherrealestateowned |
- |
- |
- |
- |
-0.01 |
Total Noninterest Income |
65.53 |
43.98 |
39.68 |
54.74 |
23.33 |
Total Revenues |
464.25 |
488.12 |
507.64 |
323.89 |
187.62 |
Salaries & employee benefits, SGA |
5.52 |
2.89 |
1.94 |
1.06 |
58.00 |
Restructuring, Accretion & impairment charges |
7.17 |
18.94 |
29.65 |
115.90 |
- |
Depriciation & Amortization |
33.20 |
29.88 |
35.55 |
12.66 |
1.97 |
Foreclosed Real Estate Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
48.16 |
43.07 |
50.55 |
41.70 |
-9.47 |
Professional Fees |
16.36 |
14.34 |
14.09 |
12.84 |
4.84 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
42.51 |
11.20 |
11.58 |
6.11 |
1.84 |
Other Noninterest Expense |
22.40 |
20.20 |
17.44 |
13.43 |
7.78 |
Business and Occupationtaxes |
- |
- |
- |
- |
6.80 |
Other loss/ -income |
161.85 |
163.63 |
167.76 |
139.12 |
28.75 |
Total Operating
Expenses |
337.18 |
304.15 |
328.56 |
342.82 |
100.51 |
Total Costs & Expenses |
575.19 |
519.29 |
520.31 |
444.07 |
113.95 |
Income /-loss before income taxes |
216.29 |
367.94 |
358.16 |
0.00 |
87.12 |
Income taxes expenses/-benefit |
33.54 |
48.13 |
45.70 |
-4.89 |
18.21 |
Income after income taxes |
182.75 |
319.82 |
312.46 |
4.89 |
68.91 |
Net income/-loss
of other equity |
0.00 |
- |
- |
- |
- |
Income /-loss after income taxes |
182.75 |
319.82 |
312.46 |
4.89 |
68.91 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
182.75 |
319.82 |
312.46 |
4.89 |
68.91 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
127.07 |
183.97 |
179.08 |
-18.92 |
- |
Income/-loss to shareholder |
93.53 |
135.85 |
133.38 |
-14.04 |
68.91 |