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 |
21.48 |
21.07 |
19.14 |
17.74 |
17.42 |
Interest and Dividend Income, Securities |
2.79 |
2.79 |
2.95 |
2.84 |
2.62 |
Other Income |
0.27 |
0.23 |
0.19 |
0.13 |
0.26 |
Total Interest Income |
24.54 |
24.09 |
22.27 |
20.71 |
20.30 |
Interest Expense, Deposits |
6.09 |
5.15 |
4.16 |
2.46 |
1.67 |
Interest Expense, Long-term Debt |
0.68 |
0.68 |
0.67 |
0.68 |
0.66 |
Other Intrest Expenses |
2.57 |
2.67 |
2.18 |
1.14 |
0.36 |
Total Interest Expense |
9.34 |
8.51 |
7.01 |
4.28 |
2.69 |
Net Interest Income |
15.20 |
15.59 |
15.26 |
16.43 |
17.61 |
Provision
for loan losses |
0.27 |
0.59 |
0.32 |
0.28 |
0.35 |
Total Net Interest Income |
14.93 |
15.00 |
14.95 |
16.15 |
17.27 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
- |
- |
- |
- |
- |
Revenue From Contract With Customer Including Assessed Tax |
0.44 |
0.45 |
0.53 |
0.34 |
0.45 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
0.76 |
0.23 |
0.60 |
0.65 |
-2.04 |
Gain Loss On Fair Value Hedges Recognized In Earnings |
- |
- |
- |
- |
- |
Interest And Dividend Income Federal Home Loan Bank And Federal Reserve Bank |
- |
- |
- |
- |
- |
Debt Securities Available For Sale Realized Gain Loss |
- |
- |
0.00 |
-0.22 |
0.01 |
Gain (Loss) on Disposition of Assets and Other Investments |
-0.07 |
- |
0.07 |
- |
- |
Other Non-Interest Income |
1.83 |
2.39 |
2.44 |
2.60 |
4.17 |
Interest Expense Federal Home Loan Bank Advance And Other Borrowings |
2.57 |
2.67 |
2.18 |
1.14 |
0.36 |
Federal Deposit Insurance Corporation Premium Income Expense |
0.29 |
0.30 |
0.39 |
0.17 |
0.23 |
Total Noninterest Income |
5.81 |
6.04 |
6.20 |
4.67 |
3.17 |
Total Revenues |
20.74 |
21.03 |
21.15 |
20.82 |
20.43 |
Salaries & employee benefits, SGA |
11.36 |
10.84 |
11.08 |
9.69 |
10.42 |
Depriciation & Amortization |
0.39 |
0.39 |
0.40 |
0.42 |
0.44 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
1.97 |
1.96 |
2.07 |
2.07 |
-0.50 |
Professional Fees and Commission |
0.44 |
0.41 |
0.59 |
0.48 |
-0.76 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Postage Expense |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
1.87 |
1.64 |
1.91 |
1.76 |
-0.33 |
Other loss/ -income |
2.87 |
2.64 |
2.74 |
2.11 |
6.76 |
Total Operating
Expenses |
18.89 |
17.88 |
18.79 |
16.53 |
16.03 |
Total Costs & Expenses |
28.23 |
26.38 |
25.80 |
20.81 |
18.71 |
Income /-loss before income taxes |
1.85 |
3.16 |
2.36 |
4.29 |
4.41 |
Income taxes expenses/-benefit |
-0.32 |
0.52 |
0.34 |
1.05 |
0.79 |
Income after income taxes |
2.16 |
2.64 |
2.02 |
3.24 |
3.62 |
Net income/-loss
of other equity |
- |
- |
- |
- |
- |
Income /-loss after income taxes |
2.16 |
2.64 |
2.02 |
3.24 |
3.62 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
2.16 |
2.64 |
2.02 |
3.24 |
3.62 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
2.16 |
2.64 |
2.02 |
3.24 |
3.62 |