INCOME STATEMENT (Quarterly GAAP In millions $) |
(Dec 31 2023) IV. Quarter |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
Interest and Fee Income, Loans and Leases |
233.93 |
227.93 |
218.07 |
210.64 |
203.11 |
Interest and Dividend Income, Securities, Operating |
24.62 |
24.52 |
26.26 |
27.11 |
26.90 |
Interest Income, Domestic Deposits |
6.93 |
10.96 |
7.88 |
4.65 |
3.44 |
Total Interest Income |
265.48 |
263.41 |
252.20 |
242.40 |
233.45 |
Interest Expense, Deposits |
59.67 |
54.30 |
41.60 |
29.89 |
21.04 |
Interest Expense, Short-term Borrowings |
-2.36 |
0.36 |
0.44 |
4.34 |
1.41 |
Interest Expense, Long-term Debt and Capital Securities |
3.40 |
3.35 |
3.41 |
3.38 |
0.83 |
Other Intrest Expenses |
8.09 |
-1.10 |
0.40 |
-1.41 |
4.61 |
Total Interest Expense |
68.80 |
63.68 |
52.39 |
41.51 |
27.88 |
Net Interest Income |
196.68 |
199.73 |
199.82 |
200.89 |
205.57 |
Provision
for loan losses |
-42.17 |
-1.72 |
22.97 |
14.85 |
17.36 |
Total Net Interest Income |
177.87 |
195.33 |
177.59 |
185.38 |
189.86 |
Fees and Commissions, Mortgage Banking and Servicing |
2.09 |
2.82 |
2.86 |
2.81 |
2.57 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Bank Owned Life Insurance Income |
8.46 |
4.29 |
8.64 |
4.40 |
-25.46 |
Gain On Sale Of Merchant Contracts |
- |
- |
- |
- |
- |
Card And Processing Income |
- |
10.84 |
11.14 |
10.92 |
- |
Fees And Commissions Income Debit Cards |
- |
9.55 |
9.29 |
9.54 |
- |
Feesandcommissionsdepositoraccounts |
- |
- |
- |
- |
- |
Extinguishment of Debt |
- |
- |
1.61 |
- |
- |
Loss/ -Gain on Investment |
2.38 |
2.79 |
2.75 |
4.85 |
2.90 |
Other Non-Interest Income |
- |
- |
- |
- |
68.77 |
Total Noninterest Income |
33.61 |
30.30 |
36.27 |
32.52 |
29.60 |
Total Revenues |
211.48 |
225.63 |
213.86 |
217.90 |
219.46 |
Salaries & employee benefits, SGA |
12.26 |
10.22 |
9.29 |
9.09 |
90.06 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
21.85 |
-21.78 |
-21.10 |
-21.19 |
17.71 |
Professional Fees |
11.25 |
-11.02 |
-11.60 |
-11.97 |
12.67 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
8.45 |
-2.14 |
-2.14 |
-2.13 |
1.54 |
Other Noninterest Expense |
8.72 |
-8.09 |
-7.93 |
-8.93 |
7.71 |
Net Loss On Real Estate Owned Operations |
-1.01 |
2.15 |
1.98 |
2.00 |
-2.56 |
Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal |
0.49 |
0.13 |
- |
- |
- |
Other loss/ -income |
64.59 |
-65.66 |
-62.85 |
-63.96 |
165.91 |
Total Operating
Expenses |
126.61 |
-96.19 |
-94.34 |
-97.09 |
293.05 |
Total Costs & Expenses |
-33.29 |
-32.51 |
-41.95 |
-55.58 |
-265.17 |
Income /-loss before income taxes |
84.87 |
108.99 |
100.94 |
102.63 |
106.53 |
Income taxes expenses/-benefit |
5.39 |
26.97 |
30.28 |
31.94 |
33.36 |
Income after income taxes |
79.49 |
82.02 |
70.66 |
70.70 |
73.17 |
Net income/-loss
of other equity |
0.00 |
0.00 |
- |
- |
- |
Income /-loss after income taxes |
79.49 |
82.02 |
70.66 |
70.70 |
73.17 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
79.49 |
82.02 |
70.66 |
70.70 |
73.17 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
79.49 |
82.02 |
70.66 |
70.70 |
73.17 |