INCOME STATEMENT (Quarterly GAAP In millions $) |
(Dec 31 2023) IV. Quarter |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
Interest and Fee Income, Loans and Leases |
120.24 |
124.36 |
123.47 |
120.64 |
115.04 |
InterestIncome Debt Securities Available For Sale Operating |
15.65 |
10.60 |
6.77 |
6.89 |
6.68 |
Interest Income, Deposits with Financial Institutions |
10.71 |
9.80 |
15.09 |
9.47 |
4.30 |
Total Interest Income |
146.60 |
144.77 |
145.33 |
137.00 |
126.02 |
Interest Expense, Deposits |
90.87 |
84.81 |
72.93 |
62.14 |
36.55 |
Interest Expense, Subordinated Notes and Debentures |
5.12 |
1.72 |
- |
- |
- |
Interest Expense, Borrowings |
-39.52 |
- |
23.41 |
16.11 |
14.75 |
Other Intrest Expenses |
47.63 |
6.16 |
- |
- |
- |
Total Interest Expense |
104.11 |
92.69 |
96.34 |
78.25 |
51.30 |
Net Interest Income |
42.49 |
52.07 |
48.98 |
58.76 |
74.72 |
Provision
for loan losses |
0.23 |
-2.02 |
0.89 |
0.42 |
1.17 |
Total Net Interest Income |
42.26 |
54.09 |
48.10 |
58.34 |
73.55 |
Investment Advisory, Management and Administrative Fees |
- |
- |
- |
- |
- |
Revenue From Contract With Customer Excluding Assessed Tax |
8.65 |
8.81 |
9.02 |
8.80 |
9.72 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Noninterest Income, Other Operating Income |
2.92 |
2.89 |
3.06 |
2.90 |
-2.50 |
Debt And Equity Securities Realized Gain Loss |
2.30 |
- |
- |
- |
- |
Type Of Revenue Extensible List |
- |
- |
- |
- |
- |
Other Non-Interest Income |
-64.04 |
-30.84 |
-19.00 |
-16.72 |
-18.22 |
Customer Service Costs |
16.40 |
24.68 |
19.00 |
16.72 |
18.22 |
Interest Expense Borrowings Less Subordinated Debt |
47.63 |
6.16 |
- |
- |
- |
Total Noninterest Income |
13.88 |
11.70 |
12.08 |
11.70 |
7.22 |
Total Revenues |
56.14 |
65.79 |
60.18 |
70.04 |
80.77 |
Salaries & employee benefits, SGA |
18.35 |
19.63 |
21.03 |
25.29 |
23.24 |
Restructuring, Accretion & impairment charges |
- |
- |
215.25 |
- |
- |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Occupancy, Net |
9.48 |
9.25 |
9.18 |
8.90 |
9.26 |
Professional Fees |
3.50 |
3.75 |
3.64 |
4.30 |
4.17 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
8.16 |
6.89 |
4.66 |
4.15 |
4.93 |
Other loss/ -income |
16.40 |
24.68 |
19.00 |
16.72 |
18.22 |
Total Operating
Expenses |
55.89 |
64.21 |
272.76 |
59.34 |
59.82 |
Total Costs & Expenses |
160.00 |
156.90 |
369.11 |
137.59 |
111.12 |
Income /-loss before income taxes |
0.25 |
1.58 |
-212.59 |
10.70 |
20.95 |
Income taxes expenses/-benefit |
-2.30 |
-0.60 |
-0.30 |
2.20 |
3.59 |
Income after income taxes |
2.55 |
2.18 |
-212.29 |
8.50 |
17.35 |
Net income/-loss
of other equity |
0.00 |
- |
0.00 |
0.00 |
- |
Income /-loss after income taxes |
2.55 |
2.18 |
-212.29 |
8.50 |
17.35 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
2.55 |
2.18 |
-212.29 |
8.50 |
17.35 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
2.55 |
2.18 |
-212.29 |
8.50 |
17.35 |