INCOME STATEMENT (Annual GAAP In millions $) |
(Mar 31 2017) 2017 |
(Mar 31 2016) 2016 |
(Mar 31 2015) 2015 |
(Mar 31 2014) 2014 |
|
Interest and Fee Income, Loans and Leases |
31.71 |
25.11 |
23.15 |
21.02 |
- |
Interest and Dividend Income, Securities |
8.15 |
9.92 |
11.66 |
12.50 |
- |
Other Interest and Dividend Income |
0.62 |
0.32 |
0.36 |
0.22 |
- |
Total Interest Income |
40.47 |
35.35 |
35.16 |
33.74 |
0.00 |
Interest Expense, Deposits |
7.85 |
6.40 |
6.71 |
7.70 |
- |
Interest Expense, Borrowings |
3.96 |
2.70 |
2.33 |
2.16 |
- |
Total Interest Expense |
11.81 |
9.10 |
9.03 |
9.86 |
- |
Net Interest Income |
28.66 |
26.24 |
26.13 |
23.88 |
- |
Provision
for loan losses |
1.99 |
1.07 |
0.72 |
0.78 |
- |
Total Net Interest Income |
26.68 |
25.18 |
25.41 |
23.10 |
- |
Fees and Commissions |
0.29 |
0.24 |
0.22 |
0.26 |
- |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Bank Owned Life Insurance Income |
1.56 |
1.56 |
2.09 |
1.04 |
- |
Depreciation Expense On Reclassified Assets |
- |
- |
- |
- |
- |
Gain (Loss) on Disposition of Assets and Other Investments |
0.00 |
0.00 |
- |
- |
- |
Loss/ -Gain on Investment |
0.08 |
0.07 |
2.01 |
0.57 |
- |
Total Noninterest Income |
1.91 |
1.87 |
4.31 |
1.87 |
- |
Total Revenues |
28.59 |
27.04 |
29.72 |
24.97 |
0.00 |
Salaries & employee benefits, SGA |
14.16 |
11.84 |
10.14 |
8.84 |
- |
Unusual Expense /-Income |
- |
- |
- |
0.21 |
- |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Occupancy, Net |
1.87 |
1.56 |
1.51 |
1.61 |
- |
Professional Fees and Commission |
1.72 |
1.95 |
1.74 |
0.87 |
- |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
0.45 |
0.50 |
0.53 |
0.51 |
- |
Other Noninterest Expense |
1.79 |
1.73 |
1.71 |
1.81 |
- |
Other loss/ -income |
1.71 |
1.52 |
1.48 |
1.25 |
- |
Total Operating
Expenses |
21.70 |
19.10 |
17.11 |
15.08 |
- |
Total Costs & Expenses |
33.52 |
28.20 |
26.14 |
24.94 |
- |
Income /-loss before income taxes |
6.89 |
7.94 |
12.62 |
9.88 |
- |
Income taxes expenses/-benefit |
2.17 |
2.54 |
4.06 |
3.42 |
- |
Income after income taxes |
4.72 |
5.40 |
8.55 |
6.47 |
0.00 |
Net income/-loss
of other equity |
0.00 |
- |
- |
- |
- |
Income /-loss after income taxes |
4.72 |
5.40 |
8.55 |
6.47 |
0.00 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
4.72 |
5.40 |
8.55 |
6.47 |
0.00 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
4.72 |
5.40 |
8.55 |
6.47 |
0.00 |