INCOME STATEMENT (Quarterly GAAP In millions $) |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
(Sep 30 2022) III. Quarter |
Interest and Fee Income, Loans and Leases |
271.11 |
241.75 |
244.21 |
218.74 |
200.46 |
Interest and Dividend Income, Securities, Operating |
54.24 |
48.03 |
47.32 |
42.95 |
30.55 |
Other Interest and Dividend Income |
2.53 |
1.62 |
1.32 |
-3.00 |
4.91 |
Other Income |
48.46 |
38.77 |
22.10 |
10.95 |
- |
Total Interest Income |
376.34 |
330.16 |
314.95 |
269.65 |
235.92 |
Interest Expense, Deposits |
145.83 |
136.38 |
143.93 |
124.37 |
65.38 |
Interest Expense, Federal Home Loan Bank and Federal Reserve Bank Advances, Short-term |
- |
- |
- |
4.46 |
4.68 |
Interest Expense, Long-term Debt and Capital Securities |
2.69 |
2.69 |
2.69 |
-3.38 |
2.69 |
Other Intrest Expenses |
-5.77 |
-5.79 |
-6.10 |
9.06 |
-1.84 |
Total Interest Expense |
176.57 |
164.89 |
165.05 |
134.51 |
76.88 |
Net Interest Income |
199.77 |
165.27 |
149.90 |
135.14 |
159.03 |
Provision
for loan losses |
17.86 |
23.63 |
19.60 |
28.22 |
-7.99 |
Total Net Interest Income |
181.92 |
141.64 |
130.30 |
106.92 |
167.03 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
- |
- |
- |
-0.61 |
0.56 |
Operating LeaseLease Income |
8.90 |
8.92 |
9.33 |
8.14 |
7.10 |
Revenue From Contract With Customer Including Assessed Tax |
- |
- |
- |
0.07 |
0.07 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
0.63 |
2.23 |
1.08 |
-10.12 |
-0.11 |
Gain On Sale Of Repossessed Assets |
- |
- |
- |
- |
- |
Gain On Sale Of Bank Premises And Equipment |
- |
- |
- |
- |
- |
Debt Securities Realized Gain Loss |
- |
- |
- |
3.20 |
-2.14 |
Income From Loan Fees |
- |
- |
- |
-3.01 |
3.01 |
Fees Mortgage Warehouse Lending |
- |
- |
- |
-3.56 |
1.55 |
Interest And Fees Income Loans And Leases Tax Exempt |
- |
- |
- |
- |
- |
Loan Fees |
- |
- |
- |
- |
- |
Operating Lease Lease Income |
- |
- |
- |
- |
- |
Loss Upon Acquisition of Interest Only G N M A Securities |
- |
- |
- |
- |
- |
Gain Loss On Discontinuation Of Cash Flow Hedge Due To Forecasted Transaction Probable Of Not Occurring Net |
- |
- |
- |
- |
- |
Statement Line Items |
- |
- |
- |
- |
- |
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal Including Portion Of Available For Sale Securities |
- |
- |
- |
7.99 |
-7.99 |
Loss/ -Gain on Investment |
- |
- |
- |
- |
-23.47 |
Other Non-Interest Income |
-0.31 |
-4.93 |
4.98 |
2.91 |
9.88 |
Fdic Assessments Taxes And Regulatory Fees |
8.55 |
9.78 |
2.73 |
2.34 |
2.53 |
Total Noninterest Income |
17.78 |
16.00 |
18.12 |
7.35 |
-9.02 |
Total Revenues |
199.69 |
157.64 |
148.42 |
114.27 |
158.01 |
Salaries & employee benefits, SGA |
0.65 |
0.55 |
1.05 |
50.83 |
0.76 |
Restructuring, Accretion & impairment charges |
4.10 |
- |
- |
7.52 |
- |
Foreclosed Real Estate Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
2.47 |
2.52 |
2.76 |
11.10 |
2.61 |
Professional Fees and Commission |
8.57 |
9.19 |
7.60 |
18.77 |
6.27 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
4.42 |
5.63 |
4.53 |
11.29 |
3.18 |
Loan Workout Expense Income |
- |
- |
- |
-0.43 |
0.22 |
Other loss/ -income |
69.26 |
71.41 |
64.20 |
58.08 |
63.16 |
Total Operating
Expenses |
89.47 |
89.30 |
80.13 |
172.19 |
76.20 |
Total Costs & Expenses |
266.03 |
254.19 |
245.18 |
306.70 |
153.08 |
Income /-loss before income taxes |
110.23 |
68.34 |
68.28 |
35.85 |
81.81 |
Income taxes expenses/-benefit |
23.47 |
20.77 |
14.56 |
7.14 |
17.90 |
Income after income taxes |
86.76 |
47.57 |
53.72 |
28.71 |
63.91 |
Net income/-loss
of other equity |
- |
- |
- |
0.00 |
0.00 |
Income /-loss after income taxes |
86.76 |
47.57 |
53.72 |
28.71 |
63.91 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
86.76 |
47.57 |
53.72 |
28.71 |
63.91 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
3.80 |
3.57 |
3.46 |
3.09 |
2.55 |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
82.95 |
44.01 |
50.27 |
25.62 |
61.36 |