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 |
10.96 |
10.38 |
9.91 |
9.72 |
8.99 |
Interest and Dividend Income, Securities |
3.10 |
3.09 |
3.22 |
2.91 |
2.80 |
Other Interest and Dividend Income |
0.15 |
0.16 |
0.16 |
0.09 |
0.09 |
Other Income |
0.02 |
0.02 |
0.01 |
0.05 |
0.02 |
Total Interest Income |
14.24 |
13.65 |
13.31 |
12.78 |
11.90 |
Interest Expense, Deposits |
4.66 |
3.83 |
3.05 |
2.52 |
1.35 |
Interest Expense, Short-term Borrowings |
2.30 |
2.30 |
2.05 |
1.11 |
0.62 |
Interest Expense, Long-term Debt and Capital Securities |
0.27 |
0.27 |
0.27 |
-0.08 |
0.27 |
Other Intrest Expenses |
0.13 |
0.13 |
0.13 |
0.49 |
0.14 |
Total Interest Expense |
7.35 |
6.54 |
5.50 |
4.03 |
2.38 |
Net Interest Income |
6.88 |
7.11 |
7.80 |
8.74 |
9.52 |
Provision
for loan losses |
-0.37 |
0.03 |
- |
-0.92 |
0.22 |
Total Net Interest Income |
7.25 |
7.07 |
7.80 |
9.66 |
9.30 |
Fees and Commissions |
- |
- |
- |
- |
- |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
0.05 |
0.05 |
0.06 |
-0.21 |
0.06 |
Gain Loss On Bankowned Life Insurance Proceeds |
- |
- |
- |
- |
- |
Debt And Equity Securities Gain Loss |
-0.09 |
-0.07 |
-0.06 |
-0.67 |
-0.05 |
Trust Department |
0.23 |
0.25 |
0.23 |
0.22 |
0.24 |
Service Charges And Fees |
0.56 |
0.57 |
0.53 |
0.56 |
0.57 |
Loss/ -Gain on Investment |
0.01 |
0.02 |
0.02 |
0.03 |
0.00 |
Other Non-Interest Income |
0.43 |
0.44 |
0.37 |
0.74 |
0.41 |
Automatic Teller Machine Card And Processing Expense |
0.28 |
0.28 |
0.31 |
0.26 |
0.27 |
Total Noninterest Income |
1.48 |
1.54 |
1.45 |
0.94 |
1.49 |
Total Revenues |
8.73 |
8.61 |
9.26 |
10.60 |
10.79 |
Salaries & employee benefits, SGA |
4.21 |
3.97 |
4.63 |
3.95 |
3.99 |
Foreclosed Real Estate Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
0.52 |
0.56 |
0.53 |
-0.01 |
0.47 |
Professional Fees |
0.34 |
0.35 |
0.44 |
0.31 |
0.30 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
0.62 |
0.75 |
0.78 |
0.79 |
0.76 |
Computer Expense |
0.42 |
0.41 |
0.36 |
0.39 |
0.37 |
Federal Deposit Insurance Corporation Premium Expense Income |
0.18 |
0.18 |
0.18 |
0.12 |
0.12 |
Other loss/ -income |
1.14 |
0.95 |
0.85 |
1.41 |
0.71 |
Total Operating
Expenses |
7.42 |
7.16 |
7.75 |
6.96 |
6.71 |
Total Costs & Expenses |
14.77 |
13.70 |
13.26 |
10.99 |
9.09 |
Income /-loss before income taxes |
1.31 |
1.46 |
1.50 |
3.64 |
4.08 |
Income taxes expenses/-benefit |
0.03 |
0.32 |
0.15 |
0.49 |
0.58 |
Income after income taxes |
1.28 |
1.14 |
1.36 |
3.16 |
3.50 |
Net income/-loss
of other equity |
0.00 |
- |
- |
0.00 |
- |
Income /-loss after income taxes |
1.28 |
1.14 |
1.36 |
3.16 |
3.50 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
1.28 |
1.14 |
1.36 |
3.16 |
3.50 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
1.28 |
1.14 |
1.36 |
3.16 |
3.50 |