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 |
33.16 |
32.82 |
31.48 |
30.41 |
30.17 |
Interest and Dividend Income, Securities |
0.98 |
1.00 |
1.03 |
1.95 |
-1.76 |
Other Income |
6.79 |
6.59 |
5.61 |
3.67 |
7.04 |
Total Interest Income |
40.92 |
40.42 |
38.12 |
36.02 |
35.46 |
Interest Expense, Deposits |
6.18 |
5.79 |
4.23 |
3.07 |
0.26 |
Interest Expense, Short-term Borrowings |
0.35 |
0.05 |
0.44 |
0.11 |
-1.44 |
Other Intrest Expenses |
14.43 |
13.15 |
11.61 |
9.21 |
8.88 |
Total Interest Expense |
20.97 |
18.98 |
16.28 |
12.39 |
7.71 |
Net Interest Income |
19.96 |
21.43 |
21.84 |
23.63 |
27.76 |
Provision
for loan losses |
0.90 |
-0.17 |
- |
-1.06 |
0.08 |
Total Net Interest Income |
19.06 |
21.60 |
21.84 |
24.69 |
27.67 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
- |
- |
- |
- |
- |
Revenue From Contract With Customer Including Assessed Tax |
3.03 |
- |
- |
- |
- |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
0.55 |
0.73 |
1.14 |
0.94 |
-0.14 |
Asset Management Fees |
- |
- |
- |
- |
- |
Investment Management Division Income |
- |
- |
- |
- |
- |
Service Charges On Deposit Accounts |
-2.24 |
0.70 |
0.75 |
0.79 |
0.81 |
Debt And Equity Securities Realized Gain Loss |
- |
- |
- |
-3.49 |
- |
Investment Services Income |
- |
- |
- |
- |
- |
Gain (Loss) on Disposition of Assets and Other Investments |
0.24 |
- |
- |
- |
0.55 |
Other Non-Interest Income |
0.81 |
0.81 |
0.79 |
0.78 |
1.70 |
Total Noninterest Income |
2.40 |
2.24 |
2.68 |
-0.99 |
2.92 |
Total Revenues |
21.45 |
23.85 |
24.52 |
23.70 |
30.59 |
Salaries & employee benefits, SGA |
8.11 |
9.65 |
9.85 |
9.77 |
10.83 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Occupancy, Net |
3.17 |
3.25 |
3.40 |
3.33 |
3.71 |
Professional Fees and Commission |
- |
- |
- |
- |
- |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
3.54 |
3.26 |
3.27 |
3.48 |
3.28 |
Other loss/ -income |
- |
- |
- |
- |
0.55 |
Total Operating
Expenses |
14.81 |
16.16 |
16.52 |
16.57 |
18.37 |
Total Costs & Expenses |
35.77 |
35.15 |
32.80 |
28.96 |
26.07 |
Income /-loss before income taxes |
6.65 |
7.68 |
8.01 |
7.13 |
12.23 |
Income taxes expenses/-benefit |
0.59 |
0.88 |
1.11 |
0.65 |
2.32 |
Income after income taxes |
6.06 |
6.80 |
6.90 |
6.48 |
9.90 |
Net income/-loss
of other equity |
- |
- |
- |
- |
- |
Income /-loss after income taxes |
6.06 |
6.80 |
6.90 |
6.48 |
9.90 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
6.06 |
6.80 |
6.90 |
6.48 |
9.90 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
6.06 |
6.80 |
6.90 |
6.48 |
9.90 |