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 |
184.85 |
180.24 |
170.16 |
152.61 |
139.27 |
Interest and Dividend Income, Securities |
16.23 |
15.84 |
15.28 |
14.88 |
13.30 |
Interest Income, Domestic Deposits |
5.63 |
4.51 |
2.10 |
1.20 |
3.10 |
Other Income |
0.38 |
0.32 |
0.36 |
0.35 |
1.07 |
Total Interest Income |
207.08 |
200.91 |
187.90 |
169.03 |
156.74 |
Interest Expense, Deposits |
62.34 |
55.35 |
41.37 |
24.66 |
14.76 |
Interest Expense, Federal Funds Purchased and Securities Sold under Agreements to Repurchase |
1.54 |
1.31 |
2.12 |
1.10 |
0.66 |
Interest Expense, Long-term Debt and Capital Securities |
2.48 |
2.47 |
2.43 |
2.41 |
1.98 |
Other Intrest Expenses |
0.00 |
0.14 |
1.28 |
1.33 |
0.50 |
Total Interest Expense |
66.35 |
59.27 |
47.21 |
29.50 |
17.90 |
Net Interest Income |
140.73 |
141.64 |
140.69 |
139.53 |
138.84 |
Provision
for loan losses |
18.05 |
8.03 |
6.34 |
4.18 |
2.12 |
Total Net Interest Income |
122.68 |
133.61 |
134.35 |
135.35 |
136.71 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
- |
- |
- |
- |
- |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Noninterest Income, Other Operating Income |
- |
- |
- |
- |
- |
Change In Fdic Loss Share Receivable |
- |
- |
- |
- |
- |
Provision For Loan Losses Not Covered Under Fdic Loss Share |
18.05 |
8.03 |
6.34 |
4.18 |
2.12 |
Provision For Loan Losses Covered Under Fdic Loss Share |
- |
- |
- |
- |
- |
Gain On State Tax Credits Net |
- |
- |
- |
- |
- |
Gain Loss On Sale Of Properties |
- |
- |
- |
- |
- |
Other Non-Interest Income |
7.40 |
4.06 |
7.95 |
12.72 |
14.75 |
Total Noninterest Income |
25.45 |
12.09 |
14.29 |
16.90 |
16.87 |
Total Revenues |
148.13 |
145.69 |
148.64 |
152.24 |
153.59 |
Salaries & employee benefits, SGA |
39.65 |
40.77 |
41.64 |
42.50 |
38.18 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
4.31 |
4.20 |
3.95 |
4.06 |
-2.12 |
Professional Fees |
1.12 |
1.41 |
1.57 |
1.63 |
2.76 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
-28.76 |
38.44 |
35.13 |
29.08 |
28.36 |
Deposit Costs |
72.29 |
- |
- |
- |
- |
Other loss/ -income |
4.00 |
3.83 |
3.66 |
3.71 |
9.97 |
Total Operating
Expenses |
92.60 |
88.64 |
85.96 |
80.98 |
77.15 |
Total Costs & Expenses |
158.95 |
147.91 |
133.16 |
110.49 |
95.05 |
Income /-loss before income taxes |
55.53 |
57.05 |
62.69 |
71.26 |
76.44 |
Income taxes expenses/-benefit |
11.00 |
12.39 |
13.56 |
15.52 |
16.44 |
Income after income taxes |
44.53 |
44.67 |
49.13 |
55.74 |
60.00 |
Net income/-loss
of other equity |
0.00 |
- |
- |
- |
0.00 |
Income /-loss after income taxes |
44.53 |
44.67 |
49.13 |
55.74 |
60.00 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
44.53 |
44.67 |
49.13 |
55.74 |
60.00 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
0.94 |
0.94 |
0.94 |
0.94 |
0.94 |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
43.59 |
43.73 |
48.19 |
54.80 |
59.06 |