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 |
8.57 |
8.07 |
7.64 |
7.07 |
6.53 |
Interest and Dividend Income, Securities |
2.25 |
2.22 |
2.17 |
2.15 |
2.07 |
Other Income |
0.36 |
0.31 |
0.38 |
0.56 |
0.45 |
Total Interest Income |
11.18 |
10.60 |
10.19 |
9.79 |
9.05 |
Interest Expense, Deposits |
2.43 |
2.15 |
1.00 |
0.68 |
0.39 |
Interest Expense, Short-term Borrowings |
0.16 |
0.14 |
- |
- |
- |
Other Intrest Expenses |
0.05 |
- |
- |
- |
- |
Total Interest Expense |
2.64 |
2.29 |
1.00 |
0.68 |
0.39 |
Net Interest Income |
8.54 |
8.31 |
9.19 |
9.11 |
8.66 |
Provision
for loan losses |
0.29 |
0.35 |
0.19 |
0.40 |
0.18 |
Total Net Interest Income |
8.25 |
7.96 |
9.00 |
8.71 |
8.48 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
- |
- |
- |
- |
- |
Revenue From Contract With Customer Including Assessed Tax |
1.77 |
1.77 |
1.69 |
1.86 |
1.86 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
0.10 |
0.06 |
0.06 |
0.09 |
0.05 |
Equity Securities Fv Ni Gain Loss |
- |
- |
- |
- |
- |
Gain Loss On Tax Credit Investment |
- |
- |
- |
- |
- |
Interest Income Federal Funds Sold Repurchase Agreements And Interest Earning Cash Accounts |
- |
- |
- |
- |
- |
Federal Funds Sold And Interest Bearing Deposits With Banks |
- |
- |
- |
- |
- |
Debt Securities Available For Sale Gain Loss |
- |
- |
- |
- |
- |
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal |
- |
- |
- |
- |
- |
Loss/ -Gain on Investment |
0.13 |
0.10 |
0.09 |
0.11 |
0.17 |
Other Non-Interest Income |
-0.05 |
-0.07 |
0.15 |
-0.12 |
-0.20 |
Total Noninterest Income |
1.95 |
1.86 |
1.99 |
1.94 |
1.87 |
Total Revenues |
10.19 |
9.83 |
10.99 |
10.65 |
10.36 |
Salaries & employee benefits, SGA |
3.73 |
3.80 |
3.79 |
3.72 |
3.83 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
0.44 |
0.45 |
0.45 |
0.45 |
0.46 |
Professional Fees |
0.12 |
0.17 |
0.19 |
0.13 |
0.15 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
1.02 |
1.08 |
0.87 |
0.81 |
1.00 |
Net Loss On Foreclosed Real Estate |
- |
- |
- |
0.02 |
- |
Other loss/ -income |
1.18 |
1.18 |
1.11 |
1.19 |
1.11 |
Total Operating
Expenses |
6.48 |
6.67 |
6.40 |
6.30 |
6.56 |
Total Costs & Expenses |
9.12 |
8.95 |
7.40 |
6.98 |
6.95 |
Income /-loss before income taxes |
3.71 |
3.16 |
4.59 |
4.35 |
3.80 |
Income taxes expenses/-benefit |
0.57 |
0.43 |
0.77 |
0.80 |
0.67 |
Income after income taxes |
3.14 |
2.73 |
3.82 |
3.54 |
3.13 |
Net income/-loss
of other equity |
- |
- |
- |
- |
- |
Income /-loss after income taxes |
3.14 |
2.73 |
3.82 |
3.54 |
3.13 |
Stockholders Equity Attributable to Noncontrolling Interest |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
3.14 |
2.73 |
3.82 |
3.54 |
3.13 |
Noncontrolling interests |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
3.14 |
2.73 |
3.82 |
3.54 |
3.13 |