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 Held-in-portfolio |
113.19 |
110.99 |
108.39 |
106.88 |
100.08 |
Interest and Dividend Income, Securities |
49.59 |
46.84 |
47.51 |
47.12 |
44.21 |
Other Income |
-6.56 |
-8.59 |
-13.12 |
-11.89 |
-9.10 |
Total Interest Income |
156.23 |
149.24 |
142.79 |
142.12 |
135.19 |
Interest Expense, Deposits |
16.52 |
10.77 |
5.37 |
2.77 |
1.73 |
Other Intrest Expenses |
16.34 |
18.94 |
11.69 |
1.95 |
0.12 |
Total Interest Expense |
32.86 |
29.70 |
17.06 |
4.72 |
1.85 |
Net Interest Income |
123.37 |
119.54 |
125.73 |
137.40 |
133.34 |
Provision
for loan losses |
2.00 |
0.50 |
1.50 |
2.50 |
2.00 |
Total Net Interest Income |
121.37 |
119.04 |
124.23 |
134.90 |
131.34 |
Unrealized Gain Loss On Derivatives |
9.71 |
7.85 |
- |
- |
- |
Revenue From Contract With Customer Including Assessed Tax |
5.06 |
4.84 |
5.34 |
5.76 |
5.23 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
4.10 |
1.92 |
3.38 |
0.10 |
1.13 |
Reduction In Fdic Loss Sharing Asset |
- |
- |
- |
- |
- |
Gain On Purchase Of Business |
- |
- |
- |
- |
- |
Increase Decrease In F D I C Indemnification Asset |
- |
- |
- |
- |
- |
Increase Decrease In Fdic Indemnification Asset |
- |
- |
- |
- |
- |
F D I C Indemnification Asset Period Increase Decrease |
- |
- |
- |
- |
- |
Gain On Other Real Estate Owned Net |
- |
- |
- |
- |
- |
Gain Loss On Sale Of Building |
- |
- |
- |
- |
- |
Accelerated Accretion On Acquired Loans |
- |
- |
- |
- |
- |
Dividends From Fhlb Stock |
- |
- |
- |
- |
- |
Certain Loans Acquired In Transfer Accounted For As Debt Securities Accretable Yield Accretion |
- |
- |
- |
- |
- |
Allowance For Loan And Lease Losses Adjustments Net |
- |
- |
- |
- |
- |
Federal Funds Sold And Interestearning Deposits With Other Institutions |
- |
- |
- |
- |
- |
Interest Earning Deposits With Other Institutions And Federal Funds Sold |
- |
- |
0.49 |
1.00 |
3.48 |
Gains Losses On Other Real Estate Net |
- |
- |
- |
- |
- |
Other Non-Interest Income |
-24.55 |
-24.20 |
-11.11 |
0.29 |
-1.61 |
Interest Expense Borrowings And Customer Repurchase Agreements |
16.34 |
18.94 |
11.69 |
1.95 |
0.12 |
Computer Software Expense |
3.65 |
3.32 |
3.41 |
-10.14 |
3.24 |
|
- |
- |
- |
13.50 |
- |
Total Noninterest Income |
14.31 |
12.66 |
13.20 |
12.47 |
11.59 |
Total Revenues |
135.68 |
131.69 |
137.43 |
147.36 |
142.93 |
Salaries & employee benefits, SGA |
1.63 |
1.32 |
1.72 |
62.50 |
1.49 |
Depriciation & Amortization |
1.57 |
1.72 |
1.72 |
1.72 |
1.85 |
Foreclosed Real Estate Expense |
- |
- |
- |
- |
- |
Occupancy, Net |
-5.62 |
5.52 |
5.45 |
5.82 |
5.78 |
Professional Fees |
-2.12 |
2.56 |
1.70 |
2.57 |
2.44 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
-6.64 |
5.63 |
5.15 |
5.07 |
5.00 |
Increase Or Decrease In Provision For Unfunded Loan Commitments |
0.90 |
- |
- |
- |
- |
|
- |
0.40 |
0.50 |
- |
- |
Other loss/ -income |
-38.39 |
36.86 |
38.66 |
-26.72 |
36.48 |
Total Operating
Expenses |
-48.67 |
54.02 |
54.88 |
54.42 |
53.03 |
Total Costs & Expenses |
-15.81 |
83.72 |
71.94 |
59.14 |
54.88 |
Income /-loss before income taxes |
80.62 |
77.67 |
82.55 |
92.94 |
89.90 |
Income taxes expenses/-benefit |
22.74 |
21.90 |
23.28 |
26.77 |
25.26 |
Income after income taxes |
57.89 |
55.77 |
59.27 |
66.17 |
64.64 |
Net income/-loss
of other equity |
- |
0.00 |
0.00 |
- |
- |
Income /-loss after income taxes |
57.89 |
55.77 |
59.27 |
66.17 |
64.64 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
57.89 |
55.77 |
59.27 |
66.17 |
64.64 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
57.89 |
55.77 |
59.27 |
66.17 |
64.64 |