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 |
- |
43.97 |
41.35 |
36.23 |
30.52 |
Other Interest and Dividend Income |
- |
7.16 |
4.22 |
0.83 |
0.56 |
Other Income |
- |
1.55 |
1.58 |
1.57 |
1.52 |
Total Interest Income |
0.00 |
52.68 |
47.16 |
38.64 |
32.60 |
Interest Expense, Deposits |
- |
24.78 |
15.04 |
5.31 |
3.29 |
Interest Expense, Other |
- |
1.74 |
3.71 |
3.76 |
1.86 |
Other Intrest Expenses |
- |
-0.52 |
-0.87 |
-0.01 |
- |
Total Interest Expense |
- |
26.52 |
18.75 |
9.06 |
5.15 |
Net Interest Income |
- |
26.16 |
28.41 |
29.58 |
27.45 |
Provision
for loan losses |
- |
4.30 |
5.19 |
7.86 |
2.89 |
Total Net Interest Income |
- |
21.86 |
23.22 |
21.72 |
24.56 |
Investment Banking, Advisory, Brokerage, and Underwriting Fees and Commissions |
- |
1.43 |
1.22 |
1.43 |
1.53 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
- |
0.13 |
0.22 |
-1.49 |
1.50 |
Recoveries Related To Acquired Charged Off Loans And Investment Securities |
- |
- |
- |
- |
- |
Debt Securities Available For Sale Realized Gain Loss |
- |
- |
- |
- |
- |
Credit Enhancement Income |
- |
- |
- |
- |
- |
Interest And Dividends On Taxable Securities |
- |
- |
- |
- |
- |
Interest And Dividends On Tax Exempt Securities |
- |
- |
- |
- |
- |
Equity Income From Mortgage Affiliate |
- |
- |
- |
- |
- |
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal |
- |
- |
- |
- |
- |
Mortgage Banking Income |
- |
- |
- |
- |
- |
Gain (Loss) on Disposition of Assets and Other Investments |
- |
- |
- |
0.00 |
0.06 |
Loss/ -Gain on Investment |
- |
0.18 |
0.48 |
-0.46 |
- |
Other Non-Interest Income |
- |
6.74 |
9.62 |
11.51 |
2.53 |
Total Noninterest Income |
- |
8.49 |
11.53 |
10.99 |
5.62 |
Total Revenues |
0.00 |
30.34 |
34.76 |
32.71 |
30.18 |
Salaries & employee benefits, SGA |
- |
1.37 |
1.42 |
16.32 |
0.81 |
Depriciation & Amortization |
- |
0.32 |
0.32 |
0.32 |
0.33 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
- |
4.42 |
3.70 |
2.31 |
2.93 |
Professional Fees |
- |
1.08 |
0.86 |
1.61 |
1.26 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
- |
5.30 |
3.25 |
0.63 |
3.98 |
Other loss/ -income |
- |
18.07 |
17.86 |
7.28 |
14.46 |
Total Operating
Expenses |
- |
30.55 |
27.40 |
29.09 |
23.76 |
Total Costs & Expenses |
- |
57.07 |
46.15 |
38.15 |
28.91 |
Income /-loss before income taxes |
- |
-0.21 |
7.36 |
3.62 |
6.42 |
Income taxes expenses/-benefit |
- |
-0.02 |
1.58 |
0.53 |
1.37 |
Income after income taxes |
0.00 |
-0.19 |
5.78 |
3.09 |
5.05 |
Net income/-loss
of other equity |
- |
- |
0.00 |
- |
0.00 |
Income /-loss after income taxes |
0.00 |
-0.19 |
5.78 |
3.09 |
5.05 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
0.00 |
-0.19 |
5.78 |
3.09 |
5.05 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
0.00 |
-0.19 |
5.78 |
3.09 |
5.05 |