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 |
132.27 |
128.99 |
120.85 |
109.25 |
93.74 |
Interest and Dividend Income, Securities, Operating |
13.73 |
14.24 |
13.55 |
13.59 |
13.46 |
Interest Income, Federal Funds Sold |
0.08 |
0.05 |
0.08 |
0.59 |
0.22 |
Interest Income, Deposits with Financial Institutions |
15.07 |
13.23 |
5.77 |
5.70 |
4.10 |
Total Interest Income |
161.15 |
156.51 |
140.25 |
129.13 |
111.53 |
Interest Expense, Deposits |
70.93 |
59.42 |
48.95 |
39.24 |
26.13 |
Interest Expense, Short-term Borrowings |
18.15 |
23.91 |
14.93 |
0.91 |
0.41 |
Other Intrest Expenses |
1.35 |
1.37 |
1.34 |
3.38 |
1.09 |
Total Interest Expense |
90.43 |
84.70 |
65.22 |
43.53 |
27.63 |
Net Interest Income |
70.72 |
71.81 |
75.02 |
85.60 |
83.90 |
Provision
for loan losses |
5.64 |
5.24 |
6.16 |
-0.46 |
3.02 |
Total Net Interest Income |
65.91 |
66.26 |
68.01 |
85.90 |
80.10 |
Gain Loss On Sale Of Notes Receivable |
-0.01 |
0.10 |
0.31 |
0.53 |
0.82 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Bank Owned Life Insurance Income |
0.67 |
0.65 |
0.66 |
0.66 |
0.63 |
Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal |
-0.84 |
0.32 |
0.85 |
0.16 |
0.77 |
Gain Loss On Sale Of Loans And Leases |
- |
- |
- |
- |
- |
Gain Loss On Sale Of Investments |
0.01 |
0.00 |
-0.02 |
0.00 |
0.00 |
Service Charges On Deposits |
1.63 |
1.63 |
1.51 |
1.43 |
1.34 |
Other Non-Interest Income |
4.58 |
5.57 |
0.10 |
-20.70 |
1.68 |
Repurchase Agreements Interest Expense Amount |
0.31 |
0.33 |
0.30 |
0.27 |
0.06 |
S E C F R B Penalties |
- |
- |
- |
22.98 |
- |
Total Noninterest Income |
6.35 |
8.60 |
3.70 |
5.33 |
5.31 |
Total Revenues |
72.26 |
74.85 |
71.71 |
91.23 |
85.41 |
Salaries & employee benefits, SGA |
0.77 |
0.88 |
0.64 |
37.53 |
1.18 |
Depriciation & Amortization |
- |
0.01 |
- |
- |
- |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Information Technology and Data Processing |
3.19 |
3.35 |
3.10 |
3.12 |
3.45 |
Professional Fees |
2.16 |
2.65 |
3.25 |
2.55 |
2.33 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
3.34 |
2.58 |
1.49 |
1.72 |
1.29 |
Other Noninterest Expense |
- |
- |
- |
- |
- |
Other loss/ -income |
28.17 |
28.50 |
32.11 |
-6.00 |
27.96 |
Total Operating
Expenses |
37.63 |
37.98 |
40.58 |
38.92 |
36.21 |
Total Costs & Expenses |
128.06 |
122.68 |
105.81 |
82.45 |
63.84 |
Income /-loss before income taxes |
34.63 |
36.87 |
31.13 |
52.31 |
49.20 |
Income taxes expenses/-benefit |
7.25 |
8.18 |
6.89 |
10.12 |
11.91 |
Income after income taxes |
27.38 |
28.69 |
24.23 |
42.19 |
37.30 |
Net income/-loss
of other equity |
- |
- |
- |
- |
0.00 |
Income /-loss after income taxes |
27.38 |
28.69 |
24.23 |
42.19 |
37.30 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
27.38 |
28.69 |
24.23 |
42.19 |
37.30 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
27.38 |
28.69 |
24.23 |
42.19 |
37.30 |