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 |
55.15 |
52.75 |
48.38 |
46.15 |
41.56 |
Interest and Dividend Income, Securities |
0.37 |
0.57 |
0.67 |
-10.30 |
0.69 |
Interest Income, Federal Funds Sold and Securities Purchased under Agreements to Resell |
3.82 |
2.13 |
1.13 |
0.65 |
0.51 |
Other Income |
5.70 |
5.81 |
5.95 |
16.92 |
5.79 |
Total Interest Income |
65.04 |
61.26 |
56.12 |
53.42 |
48.55 |
Interest Expense, Deposits |
19.37 |
17.20 |
13.82 |
8.01 |
4.40 |
Interest Expense, Short-term Borrowings |
0.97 |
0.95 |
1.02 |
1.43 |
0.41 |
Interest Expense, Subordinated Notes and Debentures |
1.89 |
1.95 |
1.84 |
1.80 |
1.72 |
Other Intrest Expenses |
1.79 |
1.72 |
0.33 |
0.15 |
0.07 |
Total Interest Expense |
24.03 |
21.83 |
17.01 |
11.39 |
6.60 |
Net Interest Income |
41.01 |
39.43 |
39.11 |
42.03 |
41.94 |
Provision
for loan losses |
1.23 |
0.30 |
-0.37 |
-0.15 |
-0.14 |
Total Net Interest Income |
39.78 |
39.13 |
39.48 |
42.18 |
42.08 |
Other Revenue Expense From Real Estate Operations |
0.13 |
0.07 |
0.12 |
0.39 |
0.19 |
Revenue From Contract With Customer Excluding Assessed Tax |
2.69 |
2.65 |
2.55 |
2.71 |
2.79 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
2.44 |
2.00 |
2.29 |
0.16 |
2.45 |
Interest Income Federal Funds Sold And Other |
- |
- |
- |
- |
- |
Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Gain Or Loss |
- |
- |
- |
0.42 |
- |
Loss/ -Gain on Investment |
0.00 |
-1.32 |
0.03 |
0.01 |
-0.02 |
Other Non-Interest Income |
1.42 |
1.50 |
3.45 |
4.14 |
3.01 |
Interest Expense Federal Home Loan Bank Advances |
- |
- |
- |
-0.01 |
- |
Free Nationwide A T M Cost |
0.52 |
0.52 |
0.53 |
0.51 |
0.55 |
Interest Expense Federal Reserve Bank Borrowings |
1.55 |
1.53 |
0.14 |
- |
- |
Total Noninterest Income |
8.74 |
6.95 |
9.09 |
8.33 |
8.97 |
Total Revenues |
48.52 |
46.08 |
48.57 |
50.51 |
51.05 |
Salaries & employee benefits, SGA |
1.42 |
1.25 |
1.16 |
28.55 |
1.19 |
Restructuring, Accretion & impairment charges |
- |
- |
- |
0.07 |
0.12 |
Depriciation & Amortization |
0.80 |
0.92 |
0.92 |
0.92 |
0.96 |
Foreclosed Real Estate Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
7.82 |
7.43 |
6.80 |
6.34 |
7.27 |
Professional Fees and Commission |
1.31 |
1.65 |
1.38 |
1.01 |
1.27 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Postage Expense |
0.55 |
0.46 |
0.46 |
0.53 |
0.44 |
Federal Deposit Insurance Corporation Premium Expense |
0.66 |
0.52 |
0.36 |
0.36 |
0.34 |
Other Noninterest Expense |
4.56 |
4.42 |
4.71 |
5.01 |
3.83 |
Other loss/ -income |
17.14 |
16.48 |
17.94 |
-9.54 |
16.84 |
Total Operating
Expenses |
34.24 |
33.13 |
33.72 |
35.25 |
32.24 |
Total Costs & Expenses |
58.27 |
54.96 |
50.73 |
46.64 |
38.84 |
Income /-loss before income taxes |
14.27 |
12.95 |
14.85 |
15.26 |
18.81 |
Income taxes expenses/-benefit |
1.93 |
1.50 |
2.52 |
3.65 |
3.64 |
Income after income taxes |
12.34 |
11.46 |
12.32 |
11.61 |
15.17 |
Net income/-loss
of other equity |
- |
- |
- |
- |
- |
Income /-loss after income taxes |
12.34 |
11.46 |
12.32 |
11.61 |
15.17 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
12.34 |
11.46 |
12.32 |
11.61 |
15.17 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
12.34 |
11.46 |
12.32 |
11.61 |
15.17 |