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 Held-in-portfolio |
301.66 |
284.69 |
260.65 |
226.52 |
205.47 |
Interest and Dividend Income, Securities, Operating |
25.34 |
25.36 |
25.52 |
28.04 |
25.93 |
Other Interest and Dividend Income |
3.37 |
4.86 |
3.65 |
1.53 |
2.10 |
Other Income |
- |
- |
- |
0.67 |
0.19 |
Total Interest Income |
330.37 |
314.91 |
289.82 |
256.77 |
233.69 |
Interest Expense, Deposits |
84.16 |
69.80 |
41.62 |
21.46 |
10.05 |
Interest Expense, Federal Funds Purchased |
8.95 |
9.11 |
6.04 |
-9.54 |
0.55 |
Interest Expense, Long-term Debt and Capital Securities |
5.34 |
5.34 |
5.34 |
23.58 |
5.49 |
Interest Expense, Other |
7.76 |
5.98 |
5.76 |
-0.61 |
0.61 |
Other Intrest Expenses |
10.32 |
11.83 |
15.47 |
5.93 |
1.40 |
Total Interest Expense |
116.53 |
102.06 |
74.23 |
40.82 |
18.11 |
Net Interest Income |
213.84 |
212.85 |
215.59 |
215.95 |
215.58 |
Provision
for loan losses |
9.94 |
9.75 |
24.54 |
8.16 |
18.96 |
Total Net Interest Income |
203.91 |
203.11 |
191.04 |
207.79 |
196.62 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
- |
- |
- |
- |
- |
Revenue From Contract With Customer Including Assessed Tax |
55.96 |
60.59 |
51.73 |
46.98 |
59.22 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Noninterest Income, Other Operating Income |
- |
- |
- |
- |
- |
Net Securities Gain Loss |
- |
- |
- |
- |
- |
Asset Management Fees |
- |
- |
- |
- |
- |
Mortgage Banking Income |
- |
- |
- |
- |
- |
Noninterest Income Before Net Securities Gains Losses |
- |
- |
- |
- |
- |
Revenue From Contract With Customer Including Assessed Tax |
- |
- |
- |
- |
- |
Loss/ -Gain on Investment |
- |
0.00 |
0.02 |
0.02 |
-0.05 |
Other Non-Interest Income |
-12.09 |
-10.83 |
-10.13 |
18.13 |
-9.36 |
Other Outside Services |
12.09 |
10.83 |
10.13 |
-18.13 |
9.36 |
Total Noninterest Income |
55.96 |
60.59 |
51.75 |
47.00 |
59.16 |
Total Revenues |
259.87 |
263.69 |
242.80 |
254.79 |
255.79 |
Salaries & employee benefits, SGA |
1.91 |
5.59 |
5.37 |
162.86 |
5.44 |
Restructuring, Accretion & impairment charges |
- |
- |
- |
2.30 |
7.01 |
Depriciation & Amortization |
0.60 |
1.07 |
0.67 |
0.71 |
0.69 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
14.56 |
14.37 |
14.44 |
-13.39 |
14.03 |
Professional Fees |
1.87 |
1.83 |
2.39 |
2.47 |
2.37 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Supplies and Postage Expense |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
4.74 |
4.90 |
4.80 |
3.70 |
3.16 |
Other Noninterest Expense |
18.10 |
15.01 |
13.36 |
16.64 |
13.87 |
Other loss/ -income |
129.24 |
125.24 |
118.59 |
-11.46 |
123.00 |
Total Operating
Expenses |
171.02 |
168.02 |
159.62 |
169.84 |
169.56 |
Total Costs & Expenses |
287.55 |
270.08 |
233.85 |
210.66 |
187.67 |
Income /-loss before income taxes |
88.85 |
95.67 |
83.18 |
84.94 |
86.23 |
Income taxes expenses/-benefit |
16.75 |
16.07 |
14.87 |
14.41 |
15.36 |
Income after income taxes |
72.10 |
79.61 |
68.31 |
70.54 |
70.87 |
Net income/-loss
of other equity |
0.00 |
- |
0.00 |
- |
- |
Income /-loss after income taxes |
72.10 |
79.61 |
68.31 |
70.54 |
70.87 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
72.10 |
79.61 |
68.31 |
70.54 |
70.87 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
-2.56 |
-2.56 |
-2.56 |
-2.56 |
-2.56 |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
69.54 |
77.05 |
65.75 |
67.98 |
68.31 |