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 |
22.08 |
21.73 |
21.30 |
19.50 |
20.24 |
InterestIncome Debt Securities Operating |
3.39 |
3.37 |
3.34 |
3.18 |
3.06 |
Interest Income, Deposits with Financial Institutions |
0.58 |
0.52 |
0.62 |
0.40 |
0.17 |
Other Income |
0.25 |
0.21 |
0.22 |
0.19 |
0.19 |
Total Interest Income |
26.31 |
25.83 |
25.47 |
23.28 |
23.66 |
Interest Expense, Deposits |
8.76 |
7.70 |
6.21 |
4.35 |
2.43 |
Interest Expense, Federal Home Loan Bank and Federal Reserve Bank Advances, Long-term |
- |
- |
- |
- |
-3.02 |
Interest Expense, Debt |
3.36 |
3.19 |
3.28 |
2.62 |
5.32 |
Other Intrest Expenses |
-0.77 |
-0.66 |
-0.75 |
-0.61 |
-0.57 |
Total Interest Expense |
12.11 |
10.88 |
9.49 |
6.98 |
4.73 |
Net Interest Income |
14.20 |
14.95 |
15.98 |
16.31 |
18.93 |
Provision
for loan losses |
-0.33 |
-0.51 |
0.30 |
-0.50 |
0.29 |
Total Net Interest Income |
13.04 |
14.58 |
15.68 |
16.81 |
18.65 |
Fees and Commissions, Mortgage Banking and Servicing |
- |
- |
- |
- |
- |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Noninterest Income, Other Operating Income |
0.83 |
1.32 |
0.59 |
0.30 |
0.23 |
Life Insurance Corporate Or Bank Owned Change In Value |
- |
0.25 |
0.19 |
0.23 |
0.23 |
Equity Securities F V N I Gain Loss |
- |
- |
- |
- |
- |
Equity Securities Fv Ni Gain Loss |
- |
- |
- |
- |
- |
Debt And Equity Securities Gain Loss |
- |
- |
- |
- |
- |
Debt And Equity Securities Realized Gain Loss |
- |
- |
- |
- |
- |
Dividend Income Federal Home Loan Bank |
- |
- |
- |
- |
- |
Service Fees Loan and Depositor Accounts |
- |
- |
- |
- |
- |
Dividend Income Operating Federal Home Loan Bank |
- |
0.21 |
0.22 |
0.19 |
0.19 |
Financing Receivable Credit Loss Expense Reversal Including Unfunded Commitments |
- |
0.37 |
0.30 |
-0.50 |
- |
Loss/ -Gain on Investment |
- |
0.17 |
0.06 |
0.18 |
0.06 |
Other Non-Interest Income |
-3.76 |
0.58 |
0.35 |
1.94 |
2.67 |
Total Noninterest Income |
-2.93 |
2.90 |
1.71 |
2.33 |
3.37 |
Total Revenues |
10.11 |
17.48 |
17.39 |
19.14 |
22.01 |
Salaries & employee benefits, SGA |
7.77 |
8.24 |
8.60 |
8.23 |
6.61 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
1.26 |
1.17 |
1.21 |
1.21 |
-2.34 |
Professional Fees |
1.12 |
0.93 |
0.88 |
0.81 |
0.76 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
3.73 |
0.93 |
0.76 |
0.94 |
1.14 |
Other loss/ -income |
3.11 |
3.11 |
3.76 |
3.69 |
8.97 |
Total Operating
Expenses |
16.99 |
14.38 |
15.22 |
14.87 |
15.14 |
Total Costs & Expenses |
29.10 |
25.26 |
24.71 |
21.85 |
19.87 |
Income /-loss before income taxes |
-6.88 |
3.11 |
2.18 |
4.27 |
6.87 |
Income taxes expenses/-benefit |
-1.35 |
0.60 |
0.48 |
0.83 |
1.01 |
Income after income taxes |
-5.52 |
2.50 |
1.70 |
3.44 |
5.86 |
Net income/-loss
of other equity |
- |
0.00 |
- |
0.00 |
- |
Income /-loss after income taxes |
-5.52 |
2.50 |
1.70 |
3.44 |
5.86 |
Net Income (Loss) Attributable to Noncontrolling Interest |
- |
- |
0.08 |
0.09 |
0.20 |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
-5.52 |
2.50 |
1.70 |
3.44 |
5.86 |
Noncontrolling interests |
- |
- |
0.08 |
0.09 |
0.20 |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
-5.52 |
2.50 |
1.78 |
3.53 |
6.06 |