INCOME STATEMENT (Quarterly GAAP In millions $) |
(Mar 31 2020) I. Quarter |
(Dec 31 2019) IV. Quarter |
(Sep 30 2019) III. Quarter |
(Jun 30 2019) II. Quarter |
(Mar 31 2019) I. Quarter |
Interest and Fee Income, Loans and Leases |
160.68 |
167.69 |
166.48 |
167.68 |
116.29 |
Interest and Dividend Income, Securities |
14.27 |
13.40 |
13.47 |
14.45 |
14.00 |
Interest Income, Federal Funds Sold and Securities Purchased under Agreements to Resell |
1.81 |
2.78 |
3.97 |
3.12 |
2.00 |
Total Interest Income |
176.76 |
183.87 |
183.93 |
185.25 |
132.28 |
Interest Expense, Deposits |
19.84 |
22.28 |
24.46 |
23.04 |
13.32 |
Interest Expense, Securities Sold under Agreements to Repurchase |
0.25 |
0.28 |
0.29 |
0.30 |
0.24 |
Interest Expense, Trust Preferred Securities |
1.00 |
-1.67 |
0.54 |
0.56 |
0.57 |
Other Intrest Expenses |
-7.67 |
5.06 |
-21.29 |
-20.15 |
-9.30 |
Total Interest Expense |
23.41 |
25.95 |
28.98 |
26.57 |
18.11 |
Net Interest Income |
153.35 |
157.93 |
154.95 |
158.68 |
114.18 |
Provision
for loan losses |
44.91 |
3.05 |
3.69 |
2.79 |
1.05 |
Total Net Interest Income |
108.44 |
154.88 |
151.26 |
155.89 |
113.12 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
- |
- |
- |
- |
- |
Revenue From Contract With Customer Excluding Assessed Tax |
10.97 |
9.11 |
9.44 |
6.80 |
4.19 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
3.59 |
4.12 |
3.90 |
3.60 |
3.10 |
Adjustment To Federal Deposit Insurance Corporation Indemnification Asset |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Indemnification Asset Accretion |
- |
- |
- |
- |
- |
Income From Correspondent Banking And Bond Sales Division |
- |
- |
- |
- |
- |
Commissions From Sale Of Mutual Funds And Annuities |
0.83 |
0.88 |
0.80 |
0.88 |
0.61 |
Debit Card And Atm Fees |
- |
- |
- |
- |
- |
Loan Related Fees |
- |
- |
- |
- |
- |
Debit Prepaid Atm And Merchant Card Related Fees |
- |
- |
- |
- |
- |
Provision For Recovery Of Loan Lease And Other Losses |
- |
- |
- |
- |
- |
Income From Correspondent Bank Capital Markets Division |
26.42 |
22.13 |
19.91 |
10.36 |
7.97 |
Other Correspondent Banking Related Revenue |
1.38 |
1.22 |
1.10 |
1.17 |
1.03 |
Loss/ -Gain on Investment |
- |
0.01 |
- |
-0.01 |
0.02 |
Other Non-Interest Income |
10.79 |
12.14 |
12.69 |
13.06 |
10.77 |
Bank Regulatory Expenses |
1.81 |
0.72 |
0.64 |
2.07 |
1.62 |
Total Noninterest Income |
55.79 |
50.33 |
48.49 |
37.94 |
29.30 |
Total Revenues |
164.23 |
205.21 |
199.74 |
193.83 |
142.42 |
Salaries & employee benefits, SGA |
79.24 |
74.93 |
73.12 |
69.31 |
50.41 |
Restructuring, Accretion & impairment charges |
0.03 |
0.81 |
0.51 |
0.32 |
0.11 |
Depriciation & Amortization |
4.05 |
4.15 |
3.89 |
3.55 |
2.85 |
Foreclosed Real Estate Expense |
0.86 |
0.87 |
0.94 |
0.85 |
0.56 |
Communications, Occupancy and Information Technology |
12.96 |
12.51 |
12.91 |
13.28 |
9.26 |
Professional Fees |
2.68 |
2.96 |
2.36 |
2.11 |
1.44 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
2.02 |
2.00 |
1.75 |
1.79 |
1.67 |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
8.83 |
8.38 |
8.47 |
7.33 |
5.75 |
Other loss/ -income |
12.11 |
6.81 |
23.10 |
23.46 |
12.42 |
Total Operating
Expenses |
122.77 |
113.41 |
127.04 |
121.99 |
84.47 |
Total Costs & Expenses |
146.18 |
139.36 |
156.01 |
148.56 |
102.58 |
Income /-loss before income taxes |
41.46 |
91.80 |
72.71 |
71.84 |
57.95 |
Income taxes expenses/-benefit |
6.03 |
20.67 |
17.01 |
16.72 |
13.31 |
Income after income taxes |
35.43 |
71.13 |
55.70 |
55.12 |
44.64 |
Net income/-loss
of other equity |
- |
0.00 |
0.00 |
- |
- |
Income /-loss after income taxes |
35.43 |
71.13 |
55.70 |
55.12 |
44.64 |
Net Income (Loss) Attributable to Noncontrolling Interest |
- |
- |
0.60 |
0.60 |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
35.43 |
71.13 |
55.70 |
55.12 |
44.64 |
Noncontrolling interests |
- |
- |
0.60 |
0.60 |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
35.43 |
71.13 |
55.10 |
54.52 |
44.64 |