INCOME STATEMENT (Quarterly GAAP In millions $) |
(Sep 30 2021) III. Quarter |
(Jun 30 2021) II. Quarter |
(Mar 31 2021) I. Quarter |
(Dec 31 2020) IV. Quarter |
(Sep 30 2020) III. Quarter |
Interest and Fee Income, Loans and Leases |
15.00 |
14.85 |
15.93 |
17.15 |
16.48 |
Interest and Dividend Income, Securities |
1.00 |
0.96 |
1.00 |
1.16 |
1.23 |
Interest Income, Federal Funds Sold |
0.11 |
0.06 |
0.04 |
0.01 |
0.00 |
Total Interest Income |
16.10 |
15.87 |
16.96 |
18.32 |
17.71 |
Interest Expense, Deposits |
1.22 |
1.34 |
1.60 |
1.85 |
2.17 |
Interest Expense, Subordinated Notes and Debentures |
0.08 |
0.08 |
0.08 |
0.11 |
0.19 |
Total Interest Expense |
1.30 |
1.43 |
1.68 |
1.96 |
2.36 |
Net Interest Income |
14.81 |
14.44 |
15.28 |
16.37 |
15.35 |
Provision
for loan losses |
0.60 |
0.60 |
1.40 |
1.36 |
2.32 |
Total Net Interest Income |
14.21 |
13.84 |
13.88 |
15.01 |
13.03 |
Fees and Commissions, Depositor Accounts |
- |
- |
- |
- |
- |
Revenue From Contract With Customer Excluding Assessed Tax |
0.12 |
0.11 |
0.12 |
0.26 |
- |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
1.15 |
0.86 |
0.86 |
0.16 |
1.14 |
Loss/ -Gain on Investment |
2.63 |
2.77 |
3.10 |
3.25 |
3.48 |
Other Non-Interest Income |
0.02 |
- |
- |
-0.13 |
0.13 |
Bank Owned Life Insurance Income Loss |
- |
- |
- |
0.82 |
- |
Other Real Estate Owned Recoveries Expenses |
-0.02 |
- |
- |
- |
- |
Total Noninterest Income |
3.90 |
3.74 |
4.08 |
4.35 |
4.74 |
Total Revenues |
18.11 |
17.58 |
17.96 |
19.36 |
17.77 |
Salaries & employee benefits, SGA |
6.62 |
6.46 |
6.95 |
7.41 |
7.11 |
Restructuring, Accretion & impairment charges |
0.74 |
0.45 |
- |
0.06 |
- |
Foreclosed Real Estate Expense |
- |
0.00 |
0.05 |
0.01 |
0.03 |
Communications, Occupancy and Information Technology |
1.71 |
1.67 |
1.80 |
1.65 |
1.71 |
Professional Fees and Commission |
- |
- |
- |
- |
- |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
0.11 |
0.16 |
0.27 |
0.33 |
0.23 |
Other Noninterest Expense |
1.68 |
1.80 |
2.03 |
1.70 |
1.90 |
Other loss/ -income |
-0.02 |
- |
- |
- |
- |
Total Operating
Expenses |
10.84 |
10.53 |
11.10 |
11.16 |
10.96 |
Total Costs & Expenses |
12.14 |
11.96 |
12.78 |
13.12 |
13.32 |
Income /-loss before income taxes |
7.27 |
7.04 |
6.86 |
8.20 |
6.81 |
Income taxes expenses/-benefit |
1.84 |
1.89 |
1.93 |
2.13 |
1.90 |
Income after income taxes |
5.43 |
5.15 |
4.93 |
6.07 |
4.91 |
Net income/-loss
of other equity |
- |
0.00 |
- |
0.00 |
- |
Income /-loss after income taxes |
5.43 |
5.15 |
4.93 |
6.07 |
4.91 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
5.43 |
5.15 |
4.93 |
6.07 |
4.91 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
5.43 |
5.15 |
4.93 |
6.07 |
4.91 |