INCOME STATEMENT (Quarterly GAAP In millions $) |
(Sep 30 2023) IV. Quarter |
(Jun 30 2023) III. Quarter |
(Mar 31 2023) II. Quarter |
(Dec 31 2022) I. Quarter |
(Sep 30 2022) IV. Quarter |
Interest and Fee Income, Loans and Leases |
20.61 |
19.13 |
17.50 |
16.09 |
15.59 |
Interest and Dividend Income, Securities |
0.01 |
0.01 |
0.01 |
0.01 |
-3.71 |
Other Interest and Dividend Income |
0.96 |
0.46 |
0.44 |
0.43 |
0.51 |
Other Income |
3.49 |
2.16 |
2.10 |
2.09 |
5.61 |
Total Interest Income |
25.06 |
21.77 |
20.05 |
18.62 |
18.00 |
Interest Expense, Deposits |
6.67 |
4.92 |
3.82 |
2.00 |
0.61 |
Interest Expense, Short-term Borrowings |
2.86 |
1.61 |
1.13 |
0.96 |
0.35 |
Total Interest Expense |
9.52 |
6.52 |
4.94 |
2.96 |
0.96 |
Net Interest Income |
15.54 |
15.24 |
15.11 |
15.66 |
17.04 |
Provision
for loan losses |
0.25 |
0.15 |
0.15 |
0.15 |
- |
Total Net Interest Income |
15.29 |
15.09 |
14.96 |
15.51 |
17.04 |
Insurance Commissions and Fees |
0.13 |
0.15 |
0.17 |
0.15 |
0.14 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
0.07 |
0.06 |
0.02 |
0.01 |
-0.55 |
Service Charges And Fees On Loans |
- |
- |
- |
- |
- |
Insurance Services Revenue |
- |
- |
- |
- |
- |
Loans Receivable |
- |
- |
- |
- |
- |
Service Fees On Deposit Accounts |
-1.54 |
0.78 |
0.76 |
0.80 |
-1.52 |
Services Charges And Fees On Loans |
-0.62 |
0.29 |
0.33 |
0.37 |
-0.98 |
Trust And Investment Fees |
-0.83 |
0.43 |
0.40 |
0.40 |
-0.81 |
Debt And Equity Securities Gain Loss |
- |
- |
- |
- |
- |
Loss/ -Gain on Investment |
0.13 |
0.04 |
- |
- |
- |
Other Non-Interest Income |
-0.08 |
0.20 |
0.38 |
0.20 |
0.91 |
Gains Losses On Sales Of Foreclosed Real Estate And Other Assets |
- |
- |
- |
- |
0.15 |
Gains Losses On Foreclosed Real Estate |
0.00 |
0.00 |
- |
- |
- |
Total Noninterest Income |
1.98 |
1.94 |
2.07 |
1.92 |
2.08 |
Total Revenues |
17.27 |
17.03 |
17.03 |
17.43 |
19.12 |
Salaries & employee benefits, SGA |
6.47 |
6.62 |
6.79 |
6.74 |
6.51 |
Depriciation & Amortization |
0.05 |
0.05 |
0.05 |
0.05 |
0.05 |
Foreclosed Real Estate Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
1.12 |
1.07 |
1.11 |
1.05 |
-2.35 |
Professional Fees |
1.18 |
1.22 |
1.12 |
1.24 |
1.31 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
0.33 |
0.38 |
0.18 |
0.19 |
0.14 |
Other Noninterest Expense |
0.77 |
0.68 |
0.66 |
0.81 |
0.85 |
Other loss/ -income |
1.56 |
1.48 |
1.39 |
1.37 |
5.30 |
Total Operating
Expenses |
11.47 |
11.49 |
11.29 |
11.43 |
11.82 |
Total Costs & Expenses |
20.99 |
18.01 |
16.24 |
14.39 |
12.78 |
Income /-loss before income taxes |
5.80 |
5.54 |
5.74 |
5.99 |
7.30 |
Income taxes expenses/-benefit |
1.17 |
1.14 |
1.05 |
1.13 |
1.48 |
Income after income taxes |
4.63 |
4.40 |
4.69 |
4.87 |
5.83 |
Net income/-loss
of other equity |
- |
- |
0.00 |
- |
0.00 |
Income /-loss after income taxes |
4.63 |
4.40 |
4.69 |
4.87 |
5.83 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
4.63 |
4.40 |
4.69 |
4.87 |
5.83 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
4.63 |
4.40 |
4.69 |
4.87 |
5.83 |