INCOME STATEMENT (Quarterly GAAP In millions $) |
(Dec 31 2023) IV. 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 |
16.25 |
13.72 |
11.38 |
11.34 |
10.86 |
Interest and Dividend Income, Securities |
0.17 |
0.22 |
0.27 |
-3.39 |
0.25 |
Other Interest and Dividend Income |
0.33 |
0.17 |
0.18 |
-0.50 |
0.14 |
Other Income |
6.70 |
5.18 |
5.08 |
8.89 |
3.24 |
Total Interest Income |
23.45 |
19.28 |
16.91 |
16.33 |
14.48 |
Interest Expense, Deposits |
4.47 |
1.50 |
0.93 |
0.46 |
0.27 |
Other Intrest Expenses |
0.41 |
- |
- |
0.04 |
- |
Total Interest Expense |
4.88 |
1.50 |
0.93 |
0.50 |
0.27 |
Net Interest Income |
18.56 |
17.78 |
15.98 |
15.84 |
14.21 |
Provision
for loan losses |
-1.80 |
2.60 |
- |
0.00 |
0.30 |
Total Net Interest Income |
20.36 |
15.18 |
15.98 |
15.84 |
13.91 |
Investment Banking, Advisory, Brokerage, and Underwriting Fees and Commissions |
-0.39 |
0.13 |
0.12 |
-0.44 |
0.14 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Noninterest Income, Other Operating Income |
0.76 |
0.23 |
0.19 |
1.49 |
0.77 |
Gain Loss On Sales Of Loans |
- |
- |
- |
- |
- |
Gain Loss On Sales Of Other Real Estate |
- |
- |
- |
- |
- |
Sale Leaseback Transaction Gain On Sale Leaseback |
- |
- |
- |
- |
- |
Atm Fees |
- |
- |
- |
- |
- |
Fees And Commissions Mortgage Brokerage Income |
-0.01 |
- |
0.01 |
-0.02 |
0.01 |
Fees And Commissions Loan Servicing Income |
-0.13 |
0.07 |
0.06 |
-0.57 |
0.08 |
Debit Cards Income |
-1.38 |
0.73 |
0.65 |
0.63 |
0.64 |
Financing Receivable Allowance For Credit Loss Provision And Reserve For Unfunded Commitments |
- |
- |
- |
- |
- |
Loss/ -Gain on Investment |
0.05 |
0.01 |
0.02 |
0.00 |
0.03 |
Other Non-Interest Income |
-0.69 |
0.35 |
1.82 |
0.36 |
0.41 |
Total Noninterest Income |
1.40 |
1.51 |
2.87 |
1.45 |
2.07 |
Total Revenues |
21.76 |
16.69 |
18.85 |
17.29 |
15.98 |
Salaries & employee benefits, SGA |
6.47 |
6.47 |
6.81 |
6.45 |
6.16 |
Depriciation & Amortization |
0.45 |
0.23 |
0.15 |
- |
- |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
1.36 |
1.06 |
1.02 |
-0.72 |
0.90 |
Noninterest Expense Directors Fees |
0.12 |
0.09 |
0.07 |
0.09 |
0.06 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Supplies Expense |
0.11 |
0.07 |
0.10 |
0.09 |
0.08 |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
2.29 |
1.40 |
1.98 |
1.88 |
1.70 |
Other loss/ -income |
1.28 |
1.06 |
1.17 |
2.94 |
1.01 |
Total Operating
Expenses |
12.08 |
10.37 |
11.28 |
10.72 |
9.91 |
Total Costs & Expenses |
16.96 |
11.87 |
12.21 |
11.22 |
10.18 |
Income /-loss before income taxes |
9.68 |
6.32 |
7.57 |
6.57 |
6.07 |
Income taxes expenses/-benefit |
2.75 |
1.76 |
2.08 |
1.84 |
1.51 |
Income after income taxes |
6.93 |
4.56 |
5.49 |
4.73 |
4.57 |
Net income/-loss
of other equity |
0.00 |
- |
0.00 |
- |
- |
Income /-loss after income taxes |
6.93 |
4.56 |
5.49 |
4.73 |
4.57 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
6.93 |
4.56 |
5.49 |
4.73 |
4.57 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
6.93 |
4.56 |
5.49 |
4.73 |
4.57 |