INCOME STATEMENT (Quarterly GAAP In millions $) |
(Sep 30 2022) III. Quarter |
(Jun 30 2022) II. Quarter |
(Mar 31 2022) I. Quarter |
(Dec 31 2021) IV. Quarter |
(Sep 30 2021) III. Quarter |
Interest and Fee Income, Loans and Leases |
8.52 |
7.97 |
7.61 |
8.02 |
8.79 |
Interest and Dividend Income, Securities |
0.28 |
0.98 |
0.98 |
0.95 |
0.94 |
Interest Income and Fees, Bankers Acceptances, Certificates of Deposit and Commercial Paper |
0.01 |
0.01 |
0.00 |
0.01 |
0.02 |
Other Income |
0.76 |
0.07 |
0.07 |
0.08 |
0.07 |
Total Interest Income |
9.57 |
9.03 |
8.67 |
9.05 |
9.82 |
Interest Expense, Deposits |
0.86 |
0.83 |
0.82 |
0.96 |
1.01 |
Interest Expense, Short-term Borrowings |
- |
- |
- |
0.67 |
- |
Interest Expense, Borrowings |
0.15 |
0.10 |
0.11 |
-0.53 |
0.17 |
Total Interest Expense |
1.01 |
0.93 |
0.93 |
1.10 |
1.18 |
Net Interest Income |
8.56 |
8.10 |
7.74 |
7.95 |
8.64 |
Provision
for loan losses |
0.14 |
0.38 |
-0.08 |
0.42 |
0.13 |
Total Net Interest Income |
8.42 |
7.72 |
7.82 |
7.53 |
8.51 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
- |
- |
- |
- |
- |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Bank Owned Life Insurance Income |
0.14 |
0.16 |
0.14 |
0.13 |
0.10 |
Other Than Temporary Impairment Loss Debt Securities Portion Recognized In Earnings |
- |
- |
- |
- |
- |
Dividend Income Federal Bank Stocks |
- |
- |
- |
-0.07 |
0.07 |
Fees And Service Charges |
- |
- |
- |
-0.38 |
0.38 |
Non Interest Income Excluding Bank Owned Life Insurance |
- |
- |
- |
-0.55 |
0.55 |
Loss/ -Gain on Investment |
- |
0.00 |
0.00 |
0.01 |
0.15 |
Other Non-Interest Income |
0.75 |
0.80 |
0.87 |
1.98 |
0.10 |
Total Noninterest Income |
0.88 |
0.95 |
1.01 |
1.11 |
1.35 |
Total Revenues |
9.30 |
8.67 |
8.83 |
8.65 |
9.86 |
Salaries & employee benefits, SGA |
2.52 |
2.77 |
2.89 |
2.58 |
2.81 |
Depriciation & Amortization |
0.04 |
0.04 |
0.04 |
0.04 |
0.07 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
- |
- |
- |
- |
- |
Professional Fees |
0.23 |
0.52 |
0.48 |
0.21 |
0.27 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
0.14 |
0.12 |
0.15 |
0.15 |
0.14 |
Other Noninterest Expense |
1.81 |
1.59 |
1.46 |
1.55 |
1.65 |
Noninterest Expense Premises And Equipment |
0.86 |
0.82 |
0.85 |
0.78 |
0.82 |
Total Operating
Expenses |
5.61 |
5.87 |
5.87 |
5.31 |
5.75 |
Total Costs & Expenses |
6.62 |
6.80 |
6.80 |
6.42 |
6.93 |
Income /-loss before income taxes |
3.70 |
2.81 |
2.95 |
3.33 |
4.11 |
Income taxes expenses/-benefit |
0.66 |
0.57 |
0.52 |
0.64 |
0.73 |
Income after income taxes |
3.04 |
2.24 |
2.44 |
2.69 |
3.38 |
Net income/-loss
of other equity |
- |
0.00 |
- |
0.00 |
- |
Income /-loss after income taxes |
3.04 |
2.24 |
2.44 |
2.69 |
3.38 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
3.04 |
2.24 |
2.44 |
2.69 |
3.38 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
0.03 |
0.10 |
- |
0.10 |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
3.01 |
2.14 |
2.44 |
2.59 |
3.38 |