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 |
106.38 |
98.07 |
89.01 |
85.93 |
77.52 |
Interest and Dividend Income, Securities |
8.76 |
9.32 |
10.07 |
-24.54 |
12.97 |
Other Income |
20.22 |
21.62 |
22.43 |
59.74 |
22.23 |
Total Interest Income |
135.35 |
129.01 |
121.51 |
121.14 |
112.73 |
Interest Expense, Deposits |
36.17 |
27.63 |
21.81 |
13.12 |
8.79 |
Interest Expense, Borrowings |
5.04 |
5.51 |
3.41 |
5.19 |
- |
Interest Expense, Other |
- |
- |
- |
-1.22 |
0.78 |
Other Intrest Expenses |
-2.43 |
-2.40 |
-2.37 |
-6.55 |
-2.22 |
Total Interest Expense |
41.20 |
33.14 |
25.22 |
17.10 |
9.57 |
Net Interest Income |
94.15 |
95.87 |
96.29 |
104.04 |
103.16 |
Provision
for loan losses |
2.28 |
5.57 |
2.78 |
4.07 |
3.22 |
Total Net Interest Income |
91.87 |
90.29 |
93.51 |
99.96 |
99.94 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
- |
- |
- |
- |
- |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Noninterest Income, Other |
1.92 |
2.27 |
2.29 |
2.20 |
2.05 |
Net Gain On Sale Of Student Loans |
- |
- |
- |
- |
- |
Net Gain Loss On Sale Of Foreclosed Assets |
-0.01 |
0.00 |
0.03 |
- |
0.35 |
Other Noninterest Income |
- |
- |
- |
- |
- |
Interest On Loan Recoveries |
0.70 |
0.48 |
0.35 |
0.24 |
0.66 |
Interest On Federal Funds Sold And Interest Bearing Deposits In Banks |
0.79 |
1.58 |
1.65 |
1.62 |
1.43 |
Atm And Credit Card Fees |
- |
- |
- |
- |
- |
Atm Interchange And Credit Card Fees |
- |
- |
- |
- |
- |
Automated Teller Machine Interchange And Credit Card Fees |
- |
- |
- |
-20.10 |
- |
Provision For Benefits From Loan Losses Expensed |
- |
- |
- |
- |
- |
Interest On Federal Funds Sold And Interest Bearing Dem and Deposits In Banks |
- |
- |
- |
- |
- |
Gain (Loss) on Disposition of Assets and Other Investments |
0.70 |
- |
0.93 |
0.00 |
0.53 |
Other Non-Interest Income |
20.18 |
21.66 |
18.85 |
41.04 |
22.31 |
Printing Stationery And Supplies |
0.51 |
0.74 |
0.71 |
0.47 |
0.60 |
Automated Teller Machine Interchange And Credit Card Expenses |
- |
- |
- |
-6.17 |
- |
Debit Card Expense |
3.28 |
3.22 |
3.20 |
9.22 |
3.01 |
Total Noninterest Income |
28.07 |
29.95 |
28.01 |
28.52 |
30.94 |
Total Revenues |
119.94 |
120.24 |
121.51 |
128.49 |
130.88 |
Salaries & employee benefits, SGA |
32.94 |
31.77 |
31.46 |
32.96 |
33.89 |
Depriciation & Amortization |
0.23 |
0.23 |
0.23 |
0.30 |
0.31 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Occupancy, Net |
3.57 |
3.42 |
3.43 |
3.35 |
3.44 |
Professional Fees |
- |
- |
- |
- |
- |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
1.57 |
1.42 |
1.65 |
1.02 |
0.92 |
Other Noninterest Expense |
9.42 |
8.85 |
8.84 |
9.04 |
9.23 |
Other loss/ -income |
11.82 |
11.93 |
11.64 |
11.11 |
11.66 |
Total Operating
Expenses |
59.54 |
57.61 |
57.26 |
57.78 |
59.44 |
Total Costs & Expenses |
100.74 |
90.75 |
82.48 |
74.88 |
69.01 |
Income /-loss before income taxes |
60.40 |
62.63 |
64.26 |
70.71 |
71.44 |
Income taxes expenses/-benefit |
10.85 |
11.75 |
11.69 |
12.04 |
12.10 |
Income after income taxes |
49.56 |
50.87 |
52.57 |
58.67 |
59.34 |
Net income/-loss
of other equity |
0.00 |
0.00 |
- |
0.00 |
0.00 |
Income /-loss after income taxes |
49.56 |
50.87 |
52.57 |
58.67 |
59.34 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
49.56 |
50.87 |
52.57 |
58.67 |
59.34 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
49.56 |
50.87 |
52.57 |
58.67 |
59.34 |