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 |
13.80 |
12.31 |
11.16 |
10.83 |
10.10 |
Interest and Dividend Income, Securities |
0.37 |
0.37 |
0.38 |
-3.07 |
0.39 |
Other Interest and Dividend Income |
0.34 |
0.59 |
0.30 |
0.25 |
0.19 |
Other Income |
4.23 |
4.22 |
4.06 |
7.05 |
2.67 |
Total Interest Income |
18.73 |
17.50 |
15.89 |
15.06 |
13.35 |
Interest Expense, Domestic Deposits |
4.78 |
3.39 |
1.99 |
0.88 |
0.33 |
Interest Expense, Securities Sold under Agreements to Repurchase |
0.45 |
0.36 |
0.36 |
0.15 |
0.03 |
Interest Expense, Other |
1.41 |
1.61 |
1.18 |
0.67 |
0.19 |
Total Interest Expense |
6.63 |
5.36 |
3.53 |
1.69 |
0.56 |
Net Interest Income |
12.10 |
12.14 |
12.36 |
13.37 |
12.79 |
Provision
for loan losses |
0.47 |
0.19 |
0.07 |
0.03 |
0.02 |
Total Net Interest Income |
11.63 |
11.95 |
12.29 |
13.34 |
12.78 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
1.19 |
1.08 |
1.07 |
-0.29 |
1.05 |
Revenue From Contract With Customer Including Assessed Tax |
0.24 |
0.22 |
0.23 |
0.19 |
0.24 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Noninterest Income, Other Operating Income |
1.13 |
1.27 |
1.12 |
1.07 |
1.09 |
Revenue From Contract With Customer Including Assessed Tax |
- |
- |
- |
- |
- |
Gain (Loss) on Disposition of Assets and Other Investments |
0.05 |
0.11 |
- |
-0.03 |
- |
Loss/ -Gain on Investment |
- |
- |
- |
-0.05 |
- |
Other Non-Interest Income |
-0.74 |
0.37 |
0.16 |
1.62 |
0.29 |
Total Noninterest Income |
1.86 |
3.05 |
2.58 |
2.51 |
2.67 |
Total Revenues |
13.49 |
15.00 |
14.86 |
15.85 |
15.45 |
Salaries & employee benefits, SGA |
0.61 |
0.37 |
0.35 |
12.01 |
0.16 |
Depriciation & Amortization |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
Foreclosed Real Estate Expense |
0.02 |
-0.03 |
-0.13 |
0.21 |
0.02 |
Occupancy, Net |
0.78 |
0.81 |
0.83 |
0.73 |
0.79 |
Professional Fees and Commission |
- |
- |
- |
- |
- |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
0.21 |
0.22 |
0.18 |
0.11 |
0.12 |
Other Noninterest Expense |
2.59 |
2.46 |
2.51 |
2.27 |
2.59 |
Other loss/ -income |
7.03 |
6.89 |
6.67 |
-4.76 |
6.70 |
Total Operating
Expenses |
11.27 |
10.76 |
10.44 |
10.69 |
10.42 |
Total Costs & Expenses |
17.90 |
16.12 |
13.97 |
12.39 |
10.98 |
Income /-loss before income taxes |
2.22 |
4.25 |
4.43 |
5.16 |
5.03 |
Income taxes expenses/-benefit |
0.46 |
0.92 |
0.96 |
1.12 |
1.08 |
Income after income taxes |
1.76 |
3.33 |
3.46 |
4.04 |
3.95 |
Net income/-loss
of other equity |
0.00 |
- |
- |
0.00 |
- |
Income /-loss after income taxes |
1.76 |
3.33 |
3.46 |
4.04 |
3.95 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
1.76 |
3.33 |
3.46 |
4.04 |
3.95 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
1.76 |
3.33 |
3.46 |
4.04 |
3.95 |