INCOME STATEMENT (Quarterly GAAP In millions $) |
(Sep 30 2019) III. Quarter |
(Jun 30 2019) II. Quarter |
(Mar 31 2019) I. Quarter |
(Dec 31 2018) IV. Quarter |
(Sep 30 2018) III. Quarter |
Interest and Fee Income, Loans and Leases |
13.44 |
13.24 |
12.92 |
13.01 |
12.62 |
Interest and Dividend Income, Securities |
2.71 |
2.75 |
2.84 |
2.77 |
2.52 |
Other Interest and Dividend Income |
0.75 |
0.66 |
0.68 |
0.58 |
0.73 |
Other Income |
0.10 |
0.10 |
0.11 |
0.11 |
0.11 |
Total Interest Income |
17.00 |
16.75 |
16.54 |
16.47 |
15.98 |
Interest Expense, Deposits |
3.63 |
3.40 |
2.93 |
2.58 |
2.33 |
Interest Expense, Junior Subordinated Debentures |
0.14 |
0.14 |
0.14 |
0.14 |
0.14 |
Interest Expense, Borrowings |
0.05 |
0.10 |
0.13 |
0.13 |
0.12 |
Other Intrest Expenses |
1.32 |
1.38 |
1.40 |
1.29 |
1.09 |
Total Interest Expense |
5.14 |
5.03 |
4.59 |
4.14 |
3.69 |
Net Interest Income |
11.85 |
11.72 |
11.95 |
12.33 |
12.29 |
Provision
for loan losses |
- |
0.13 |
0.12 |
0.15 |
0.34 |
Total Net Interest Income |
11.85 |
11.59 |
11.84 |
12.18 |
11.96 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
- |
- |
- |
-2.01 |
- |
Revenue From Contract With Customer Including Assessed Tax |
0.48 |
0.34 |
0.26 |
0.96 |
0.23 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
0.56 |
0.41 |
0.46 |
0.68 |
0.42 |
Fees And Commission Depositor Accounts |
0.41 |
- |
- |
-0.41 |
0.41 |
Fees And Commissions Debit Card |
0.31 |
- |
- |
-0.28 |
0.28 |
Interest On Tax Exempt Loans |
0.10 |
- |
- |
-0.20 |
0.11 |
Servicing Income Net |
0.05 |
- |
- |
- |
0.18 |
Proceeds From Legal Settlements |
- |
- |
- |
- |
- |
Payments For Legal Settlements |
- |
- |
- |
- |
- |
Loss/ -Gain on Investment |
-0.03 |
0.11 |
0.42 |
-0.02 |
0.19 |
Other Non-Interest Income |
-1.17 |
-2.29 |
-0.19 |
1.24 |
-1.10 |
Interest Expense Federal Home Loan Bank Advances |
1.32 |
1.38 |
1.40 |
1.29 |
1.09 |
Net Cost Of Operation Of Real Estate Owned |
0.05 |
0.02 |
0.01 |
0.05 |
0.06 |
Payments For Merger Related Costs |
- |
1.58 |
1.35 |
0.00 |
0.10 |
Total Noninterest Income |
2.06 |
1.57 |
3.70 |
1.31 |
1.97 |
Total Revenues |
13.91 |
13.16 |
15.54 |
13.49 |
13.92 |
Salaries & employee benefits, SGA |
5.96 |
5.87 |
6.30 |
5.73 |
6.11 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
1.58 |
1.59 |
1.61 |
1.64 |
1.66 |
Professional Fees |
0.18 |
0.26 |
0.33 |
0.41 |
0.41 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
0.00 |
0.14 |
0.14 |
0.18 |
0.19 |
Other Noninterest Expense |
0.86 |
1.08 |
1.00 |
0.96 |
1.01 |
Noncash Merger Related Costs |
0.30 |
- |
- |
- |
- |
Other loss/ -income |
0.05 |
1.61 |
1.36 |
0.05 |
0.16 |
Total Operating
Expenses |
8.92 |
10.55 |
10.74 |
8.97 |
9.54 |
Total Costs & Expenses |
14.06 |
15.57 |
15.33 |
13.10 |
13.23 |
Income /-loss before income taxes |
5.00 |
2.61 |
4.80 |
4.53 |
4.38 |
Income taxes expenses/-benefit |
1.00 |
0.45 |
0.99 |
0.80 |
0.86 |
Income after income taxes |
4.00 |
2.16 |
3.82 |
3.72 |
3.52 |
Net income/-loss
of other equity |
- |
0.00 |
0.00 |
0.00 |
0.00 |
Income /-loss after income taxes |
4.00 |
2.16 |
3.82 |
3.72 |
3.52 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
4.00 |
2.16 |
3.82 |
3.72 |
3.52 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
4.00 |
2.16 |
3.82 |
3.72 |
3.52 |