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 Income, Operating |
73.42 |
69.66 |
68.97 |
132.82 |
70.72 |
Other Revenue |
2.00 |
2.07 |
1.57 |
3.29 |
1.84 |
Other Income |
-2.00 |
-2.07 |
-1.57 |
4.89 |
-1.84 |
Total Interest Income |
73.42 |
69.66 |
68.97 |
141.00 |
70.72 |
Total Interest Expense |
- |
- |
- |
-8.71 |
- |
Total Interest Expense |
11.71 |
10.09 |
8.63 |
78.58 |
7.12 |
Net Interest Income |
61.71 |
59.57 |
60.34 |
189.62 |
63.60 |
Provision
for loan losses |
14.83 |
21.99 |
25.41 |
52.23 |
24.97 |
Total Net Interest Income |
46.89 |
37.58 |
34.92 |
137.39 |
38.63 |
Premiums Earned, Net |
14.45 |
13.61 |
13.77 |
28.91 |
14.77 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
- |
- |
- |
- |
- |
Insurance Services Revenue |
10.65 |
9.78 |
9.04 |
20.96 |
10.26 |
Other Non-Interest Income |
0.00 |
0.00 |
0.00 |
0.00 |
-25.03 |
Proceeds From Issuance Of Senior Long Term Debt |
- |
- |
- |
26.88 |
- |
Proceeds From Subordinated Short Term Debt |
- |
- |
- |
0.97 |
- |
Total Noninterest Income |
25.10 |
23.39 |
22.81 |
77.71 |
48.70 |
Total Revenues |
86.81 |
82.96 |
83.15 |
116.39 |
87.33 |
Salaries & employee benefits, SGA |
28.97 |
27.27 |
28.30 |
55.51 |
28.42 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
4.78 |
4.81 |
5.14 |
18.17 |
4.57 |
Professional Fees and Commission |
- |
- |
- |
- |
- |
Policyholder Benefits and Claims Incurred, Net |
3.79 |
3.83 |
4.73 |
-26.38 |
4.51 |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
- |
- |
- |
- |
- |
Other loss/ -income |
38.73 |
45.25 |
50.71 |
152.87 |
46.69 |
Total Operating
Expenses |
76.27 |
81.17 |
88.89 |
200.17 |
84.19 |
Total Costs & Expenses |
87.98 |
91.25 |
97.52 |
129.60 |
91.31 |
Income /-loss before income taxes |
10.54 |
1.79 |
-5.74 |
1.77 |
3.14 |
Income taxes expenses/-benefit |
1.35 |
1.15 |
0.95 |
2.58 |
1.36 |
Income after income taxes |
9.20 |
0.64 |
-6.68 |
-0.80 |
1.78 |
Net income/-loss
of other equity |
- |
- |
- |
0.00 |
0.00 |
Income /-loss after income taxes |
9.20 |
0.64 |
-6.68 |
-0.80 |
1.78 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
9.20 |
0.64 |
-6.68 |
-0.80 |
1.78 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
9.20 |
0.64 |
-6.68 |
-0.80 |
1.78 |