INCOME STATEMENT (Quarterly GAAP In millions $) |
(Dec 31 2017) III. Quarter |
(Sep 30 2017) II. Quarter |
(Jun 30 2017) I. Quarter |
(Mar 31 2017) IV. Quarter |
(Dec 31 2016) III. Quarter |
Interest and Fee Income, Loans and Leases |
10.51 |
10.11 |
9.39 |
8.66 |
8.08 |
Interest and Dividend Income, Securities |
1.91 |
1.85 |
1.89 |
1.93 |
1.95 |
Other Interest and Dividend Income |
0.34 |
0.27 |
0.21 |
0.19 |
0.16 |
Total Interest Income |
12.76 |
12.23 |
11.49 |
10.77 |
10.19 |
Interest Expense, Deposits |
2.62 |
2.50 |
2.30 |
2.12 |
2.05 |
Interest Expense, Borrowings |
2.00 |
1.53 |
1.30 |
1.13 |
1.02 |
Total Interest Expense |
4.62 |
4.03 |
3.60 |
3.25 |
3.07 |
Net Interest Income |
8.14 |
8.20 |
7.89 |
7.53 |
7.12 |
Provision
for loan losses |
0.70 |
0.61 |
0.59 |
0.54 |
0.41 |
Total Net Interest Income |
7.44 |
7.59 |
7.30 |
6.99 |
6.71 |
Fees and Commissions |
0.07 |
0.06 |
0.08 |
0.06 |
0.06 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Bank Owned Life Insurance Income |
0.39 |
0.38 |
0.38 |
0.38 |
0.40 |
Depreciation Expense On Reclassified Assets |
- |
- |
- |
- |
- |
Extinguishment of Debt |
-0.03 |
- |
- |
- |
- |
Gain (Loss) on Disposition of Assets and Other Investments |
- |
- |
-0.01 |
0.00 |
- |
Loss/ -Gain on Investment |
- |
0.67 |
- |
-0.01 |
- |
Gain On Sale Of Real Estate Owned |
- |
- |
- |
0.00 |
0.00 |
Total Noninterest Income |
0.42 |
1.11 |
0.45 |
0.43 |
0.46 |
Total Revenues |
7.86 |
8.70 |
7.75 |
7.41 |
7.17 |
Salaries & employee benefits, SGA |
3.26 |
3.53 |
3.67 |
3.60 |
3.51 |
Restructuring, Accretion & impairment charges |
0.78 |
- |
- |
- |
- |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Occupancy, Net |
0.46 |
0.49 |
0.46 |
0.54 |
0.48 |
Professional Fees and Commission |
0.45 |
0.41 |
0.44 |
0.41 |
0.43 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
0.12 |
0.11 |
0.10 |
0.11 |
0.06 |
Other Noninterest Expense |
0.43 |
0.41 |
0.53 |
0.48 |
0.40 |
Other loss/ -income |
0.39 |
0.43 |
0.42 |
0.42 |
0.47 |
Total Operating
Expenses |
5.87 |
5.39 |
5.61 |
5.56 |
5.35 |
Total Costs & Expenses |
10.49 |
9.42 |
9.21 |
8.80 |
8.43 |
Income /-loss before income taxes |
1.99 |
3.31 |
2.13 |
1.86 |
1.82 |
Income taxes expenses/-benefit |
2.36 |
1.01 |
0.73 |
0.61 |
0.60 |
Income after income taxes |
-0.37 |
2.31 |
1.40 |
1.25 |
1.22 |
Net income/-loss
of other equity |
- |
- |
0.00 |
0.00 |
0.00 |
Income /-loss after income taxes |
-0.37 |
2.31 |
1.40 |
1.25 |
1.22 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
-0.37 |
2.31 |
1.40 |
1.25 |
1.22 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
-0.37 |
2.31 |
1.40 |
1.25 |
1.22 |