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 |
62.43 |
62.16 |
60.46 |
58.27 |
56.68 |
Interest and Dividend Income, Securities |
0.69 |
0.71 |
0.73 |
0.79 |
14.79 |
Interest Income, Deposits with Financial Institutions |
3.60 |
2.41 |
0.88 |
0.28 |
0.37 |
Other Income |
7.40 |
7.13 |
7.27 |
7.47 |
-6.81 |
Total Interest Income |
74.11 |
72.41 |
69.32 |
66.81 |
65.04 |
Interest Expense, Deposits |
12.74 |
11.27 |
8.93 |
6.26 |
3.81 |
Interest Expense, Short-term Borrowings |
-2.29 |
2.29 |
0.38 |
0.76 |
-1.78 |
Other Intrest Expenses |
12.52 |
6.92 |
7.28 |
5.59 |
6.73 |
Total Interest Expense |
22.97 |
20.48 |
16.59 |
12.61 |
8.75 |
Net Interest Income |
51.14 |
51.93 |
52.73 |
54.20 |
56.29 |
Provision
for loan losses |
4.65 |
4.87 |
4.32 |
1.85 |
0.57 |
Total Net Interest Income |
46.49 |
47.05 |
48.42 |
52.34 |
55.71 |
Fees and Commissions, Fiduciary and Trust Activities |
- |
- |
- |
- |
- |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Bank Owned Life Insurance Income |
- |
- |
- |
- |
2.35 |
Dividends On Federal Home Loan Bank Stock |
0.11 |
0.11 |
0.12 |
0.14 |
0.11 |
Service Charges On Deposit Accounts |
2.31 |
2.19 |
2.14 |
2.11 |
2.17 |
Loan Servicing Fees |
- |
- |
- |
- |
- |
Other Service Charges And Fees |
5.35 |
5.20 |
4.99 |
4.99 |
4.97 |
Loan Placement Fees |
- |
- |
- |
- |
- |
Gain Loss On Sale Of Loans And Leases |
- |
- |
- |
- |
- |
Gains Losses On Sales Of Foreclosed Assets |
- |
- |
- |
- |
- |
Other Noninterest Income |
5.55 |
0.41 |
0.36 |
0.78 |
0.55 |
Loss/ -Gain on Investment |
1.27 |
1.23 |
1.07 |
1.32 |
-3.51 |
Other Non-Interest Income |
-10.98 |
-10.29 |
-8.72 |
-7.60 |
7.15 |
Interest Expense Savings And Money Market |
7.46 |
6.46 |
4.67 |
3.39 |
2.49 |
Computer Software Expense |
4.03 |
4.47 |
4.62 |
4.61 |
4.00 |
Total Noninterest Income |
15.17 |
10.05 |
10.44 |
11.01 |
11.60 |
Total Revenues |
61.66 |
57.10 |
58.85 |
63.35 |
67.32 |
Salaries & employee benefits, SGA |
20.16 |
19.02 |
20.85 |
22.02 |
20.39 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
4.68 |
4.73 |
4.31 |
4.47 |
2.45 |
Professional Fees |
2.25 |
2.36 |
2.47 |
2.89 |
2.68 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
8.77 |
6.15 |
4.99 |
5.46 |
4.68 |
Other loss/ -income |
6.67 |
7.36 |
7.29 |
7.26 |
10.24 |
Total Operating
Expenses |
42.52 |
39.61 |
39.90 |
42.11 |
40.43 |
Total Costs & Expenses |
65.49 |
60.10 |
56.49 |
54.72 |
49.19 |
Income /-loss before income taxes |
19.14 |
17.49 |
18.95 |
21.25 |
26.88 |
Income taxes expenses/-benefit |
4.27 |
4.35 |
4.47 |
5.06 |
6.70 |
Income after income taxes |
14.87 |
13.14 |
14.48 |
16.19 |
20.18 |
Net income/-loss
of other equity |
- |
0.00 |
0.00 |
0.00 |
- |
Income /-loss after income taxes |
14.87 |
13.14 |
14.48 |
16.19 |
20.18 |
Stockholders Equity Attributable to Noncontrolling Interest |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
14.87 |
13.14 |
14.48 |
16.19 |
20.18 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
14.87 |
13.14 |
14.48 |
16.19 |
20.18 |