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 |
29.41 |
28.33 |
26.41 |
24.13 |
22.34 |
Interest and Dividend Income, Securities, Operating |
5.19 |
4.71 |
4.73 |
4.75 |
4.59 |
Interest Income, Deposits with Financial Institutions |
0.22 |
0.21 |
0.05 |
0.04 |
0.15 |
Total Interest Income |
34.82 |
33.25 |
31.18 |
28.91 |
27.08 |
Interest Expense, Deposits |
18.62 |
16.99 |
14.48 |
10.92 |
11.97 |
Interest Expense, Borrowings |
0.35 |
0.31 |
0.78 |
0.52 |
1.09 |
Total Interest Expense |
18.97 |
17.30 |
15.26 |
11.44 |
7.60 |
Net Interest Income |
15.85 |
15.95 |
15.93 |
17.48 |
19.48 |
Provision
for loan losses |
0.91 |
-0.16 |
0.03 |
0.55 |
- |
Total Net Interest Income |
15.17 |
16.15 |
15.77 |
16.93 |
19.03 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
- |
- |
- |
- |
- |
Revenue From Contract With Customer Including Assessed Tax |
1.14 |
1.16 |
1.21 |
1.15 |
1.09 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Noninterest Income, Other Operating Income |
0.74 |
0.68 |
0.68 |
0.61 |
0.64 |
Debt Securities Held To Maturity Credit Loss Expense Reversal |
0.00 |
0.00 |
-0.01 |
- |
- |
Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal |
-0.23 |
-0.04 |
0.13 |
- |
- |
Credit Loss Expense Reversal |
1.23 |
-0.20 |
0.15 |
- |
- |
Debt And Equity Securities Gain Loss |
- |
- |
- |
- |
- |
Other Non-Interest Income |
1.23 |
2.30 |
1.71 |
1.81 |
2.12 |
Total Noninterest Income |
4.11 |
3.89 |
3.87 |
3.57 |
3.85 |
Total Revenues |
19.28 |
20.05 |
19.64 |
20.49 |
22.88 |
Salaries & employee benefits, SGA |
5.52 |
5.52 |
5.18 |
5.72 |
6.22 |
Depriciation & Amortization |
0.01 |
0.01 |
0.01 |
0.01 |
0.02 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Occupancy, Net |
0.83 |
0.78 |
0.84 |
0.87 |
2.25 |
Professional Fees and Commission |
- |
- |
- |
- |
- |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
0.53 |
0.55 |
0.53 |
0.34 |
0.77 |
Other Noninterest Expense |
2.92 |
2.74 |
2.85 |
2.61 |
8.16 |
Other loss/ -income |
1.38 |
1.40 |
1.30 |
1.30 |
1.32 |
Total Operating
Expenses |
11.19 |
11.01 |
10.72 |
10.85 |
11.71 |
Total Costs & Expenses |
30.16 |
28.31 |
25.97 |
22.29 |
19.31 |
Income /-loss before income taxes |
8.09 |
9.04 |
8.93 |
9.64 |
11.17 |
Income taxes expenses/-benefit |
1.41 |
1.57 |
1.54 |
1.67 |
1.97 |
Income after income taxes |
6.68 |
7.47 |
7.39 |
7.97 |
9.20 |
Net income/-loss
of other equity |
- |
- |
- |
- |
- |
Income /-loss after income taxes |
6.68 |
7.47 |
7.39 |
7.97 |
9.20 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
6.68 |
7.47 |
7.39 |
7.97 |
9.20 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
6.68 |
7.47 |
7.39 |
7.97 |
9.20 |