INCOME STATEMENT (Annual GAAP In millions $) |
(Dec 31 2022) 2022 |
(Dec 31 2021) 2021 |
(Dec 31 2020) 2020 |
(Dec 31 2019) 2019 |
(Dec 31 2018) 2018 |
Interest and Fee Income, Loans and Leases |
358.97 |
337.75 |
368.85 |
400.92 |
368.61 |
Interest and Dividend Income, Securities, Operating |
51.48 |
23.21 |
18.44 |
21.04 |
17.91 |
Interest Income, Federal Funds Sold |
0.86 |
0.03 |
0.09 |
0.23 |
0.16 |
Interest Income, Deposits with Financial Institutions |
13.30 |
3.51 |
2.60 |
7.44 |
6.62 |
Total Interest Income |
424.61 |
364.50 |
389.99 |
429.63 |
393.29 |
Interest Expense, Deposits |
83.26 |
27.77 |
53.57 |
91.03 |
60.21 |
Interest Expense, Short-term Borrowings |
3.98 |
12.16 |
14.57 |
14.21 |
15.86 |
Other Intrest Expenses |
4.51 |
0.05 |
0.29 |
0.35 |
0.23 |
Total Interest Expense |
91.75 |
39.98 |
68.42 |
105.59 |
76.29 |
Net Interest Income |
332.87 |
324.51 |
321.56 |
324.05 |
316.99 |
Provision
for loan losses |
0.27 |
-20.82 |
45.57 |
13.09 |
8.66 |
Total Net Interest Income |
331.12 |
346.45 |
274.61 |
310.95 |
308.33 |
Gain Loss On Sale Of Notes Receivable |
3.70 |
14.05 |
22.09 |
- |
- |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Bank Owned Life Insurance Income |
2.55 |
2.06 |
2.07 |
1.70 |
1.51 |
Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal |
1.48 |
-1.12 |
1.38 |
- |
- |
Gain Loss On Sale Of Loans And Leases |
- |
- |
- |
8.47 |
5.96 |
Gain Loss On Sale Of Investments |
-0.17 |
2.96 |
1.82 |
1.52 |
0.10 |
Service Charges On Deposits |
5.40 |
4.56 |
4.42 |
6.25 |
7.01 |
Other Non-Interest Income |
-12.64 |
17.82 |
13.63 |
7.41 |
7.78 |
Repurchase Agreements Interest Expense Amount |
0.36 |
0.05 |
0.29 |
0.35 |
0.23 |
S E C F R B Penalties |
22.98 |
- |
- |
- |
- |
Total Noninterest Income |
23.65 |
40.39 |
45.70 |
25.70 |
22.59 |
Total Revenues |
354.78 |
386.84 |
320.31 |
336.65 |
330.92 |
Salaries & employee benefits, SGA |
4.72 |
92.56 |
78.72 |
84.67 |
72.30 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Information Technology and Data Processing |
12.17 |
11.71 |
10.70 |
9.41 |
9.71 |
Professional Fees |
8.58 |
11.51 |
16.41 |
12.20 |
9.74 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
4.97 |
5.90 |
7.94 |
3.21 |
3.51 |
Other Noninterest Expense |
- |
- |
- |
- |
- |
Other loss/ -income |
134.65 |
27.49 |
30.40 |
30.38 |
31.44 |
Total Operating
Expenses |
165.10 |
149.17 |
144.16 |
139.86 |
126.71 |
Total Costs & Expenses |
256.84 |
189.15 |
212.59 |
245.45 |
203.00 |
Income /-loss before income taxes |
189.68 |
237.67 |
176.15 |
196.79 |
204.21 |
Income taxes expenses/-benefit |
48.75 |
60.98 |
43.93 |
53.85 |
51.93 |
Income after income taxes |
140.93 |
176.69 |
132.22 |
142.94 |
152.28 |
Net income/-loss
of other equity |
- |
- |
- |
0.00 |
- |
Income /-loss after income taxes |
140.93 |
176.69 |
132.22 |
142.94 |
152.28 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
140.93 |
176.69 |
132.22 |
142.94 |
152.28 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
140.93 |
176.69 |
132.22 |
142.94 |
152.28 |