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 Held-for-sale |
62.92 |
60.16 |
55.82 |
51.95 |
48.96 |
Interest and Dividend Income, Securities |
0.66 |
0.67 |
0.67 |
0.68 |
-8.59 |
Interest Income, Federal Funds Sold |
0.06 |
0.06 |
0.06 |
0.08 |
0.07 |
Other Income |
9.68 |
8.62 |
8.27 |
8.28 |
17.02 |
Total Interest Income |
73.33 |
69.50 |
64.83 |
61.00 |
57.46 |
Interest Expense, Deposits |
26.58 |
21.73 |
18.46 |
14.39 |
10.62 |
Interest Expense, Short-term Borrowings |
1.11 |
2.10 |
1.10 |
1.07 |
0.22 |
Other Intrest Expenses |
2.66 |
2.52 |
2.19 |
1.62 |
1.87 |
Total Interest Expense |
30.35 |
26.36 |
21.75 |
17.08 |
12.71 |
Net Interest Income |
42.98 |
43.14 |
43.08 |
43.92 |
44.74 |
Provision
for loan losses |
1.82 |
1.87 |
2.01 |
1.12 |
1.54 |
Total Net Interest Income |
41.16 |
41.27 |
41.07 |
42.80 |
43.21 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
0.01 |
0.17 |
0.06 |
0.12 |
-1.03 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
1.22 |
1.09 |
1.29 |
0.93 |
-0.32 |
Trust And Wealth Management Income |
3.32 |
3.28 |
3.35 |
3.08 |
2.96 |
Loan Related Fees |
0.47 |
1.28 |
1.20 |
0.85 |
1.12 |
Interest Income Federal Home Loan Bank Advances |
- |
- |
- |
- |
- |
Interest And Dividend Income On Federal Reserve Bank And Federal Home Loan Bank Stock |
0.25 |
0.17 |
0.17 |
0.17 |
0.18 |
Dividend Income On Federal Reserve Bank And Federal Home Loan Bank Stock |
- |
- |
- |
- |
- |
Interest Income Deposits With Federal Reserve Bank |
2.58 |
1.62 |
1.29 |
1.35 |
0.98 |
Debt And Equity Securities Gain Loss |
- |
- |
- |
- |
- |
Debt Securities Available For Sale Gain Loss |
0.26 |
0.36 |
0.17 |
0.22 |
0.12 |
Loss/ -Gain on Investment |
0.05 |
0.11 |
0.12 |
0.12 |
0.17 |
Other Non-Interest Income |
4.45 |
6.31 |
6.10 |
5.83 |
8.62 |
Amortization Of Investment In Low Income Housing Limited Partnerships |
0.73 |
0.71 |
0.60 |
0.60 |
0.69 |
Bank Franchise Tax |
0.41 |
0.41 |
0.42 |
0.42 |
0.28 |
Total Noninterest Income |
13.73 |
15.50 |
14.76 |
13.68 |
13.77 |
Total Revenues |
54.89 |
56.77 |
55.83 |
56.48 |
56.98 |
Salaries & employee benefits, SGA |
18.45 |
18.05 |
18.31 |
18.91 |
16.46 |
Unusual Expense /-Income |
0.25 |
0.23 |
0.38 |
0.27 |
0.27 |
Foreclosed Real Estate Expense |
0.09 |
0.11 |
0.10 |
0.23 |
0.21 |
Communications, Occupancy and Information Technology |
2.26 |
2.15 |
2.18 |
2.30 |
-2.54 |
Professional Fees |
0.65 |
0.49 |
0.53 |
0.55 |
0.66 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
0.66 |
0.61 |
0.61 |
0.61 |
0.37 |
Other Noninterest Expense |
3.80 |
4.01 |
4.04 |
4.04 |
4.14 |
Other loss/ -income |
5.47 |
5.18 |
4.88 |
4.98 |
10.69 |
Total Operating
Expenses |
31.63 |
30.85 |
31.03 |
31.89 |
30.26 |
Total Costs & Expenses |
61.98 |
57.21 |
52.77 |
48.97 |
42.97 |
Income /-loss before income taxes |
23.26 |
25.92 |
24.80 |
24.59 |
26.72 |
Income taxes expenses/-benefit |
4.60 |
5.29 |
5.40 |
5.28 |
4.27 |
Income after income taxes |
18.66 |
20.63 |
19.40 |
19.31 |
22.44 |
Net income/-loss
of other equity |
0.00 |
- |
0.00 |
- |
0.00 |
Income /-loss after income taxes |
18.66 |
20.63 |
19.40 |
19.31 |
22.44 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
18.66 |
20.63 |
19.40 |
19.31 |
22.44 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
18.66 |
20.63 |
19.40 |
19.31 |
22.44 |