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 |
19.29 |
18.06 |
16.78 |
15.44 |
15.10 |
Interest and Dividend Income, Securities, Operating |
1.89 |
1.92 |
2.05 |
2.04 |
1.99 |
Other Interest and Dividend Income |
1.01 |
1.19 |
1.15 |
0.35 |
0.27 |
Total Interest Income |
22.19 |
21.16 |
19.97 |
17.83 |
17.36 |
Interest Expense, Domestic Deposits |
15.41 |
1.89 |
1.41 |
0.49 |
1.57 |
Interest Expense, Short-term Borrowings |
0.05 |
0.03 |
0.03 |
0.03 |
-0.63 |
Interest Expense, Other |
-8.91 |
3.78 |
2.94 |
2.19 |
-0.72 |
Other Intrest Expenses |
1.45 |
0.99 |
1.42 |
0.60 |
1.95 |
Total Interest Expense |
- |
- |
- |
- |
-0.37 |
Total Interest Expense |
8.00 |
7.18 |
5.80 |
3.31 |
2.18 |
Net Interest Income |
14.19 |
13.98 |
14.17 |
14.52 |
15.18 |
Provision
for loan losses |
0.55 |
0.26 |
0.40 |
0.41 |
-0.74 |
Total Net Interest Income |
13.78 |
13.72 |
13.78 |
13.98 |
15.92 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
- |
- |
- |
- |
- |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Noninterest Income, Other |
4.79 |
4.72 |
4.48 |
4.34 |
4.48 |
Gain Loss Other |
- |
- |
- |
- |
- |
Total Gains Loss |
- |
- |
- |
- |
- |
Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal |
- |
- |
- |
- |
- |
Credit Loss Expense Credit Aggregate Total |
- |
- |
- |
- |
- |
Total Other Income |
- |
- |
- |
- |
- |
Gain (Loss) on Disposition of Assets and Other Investments |
-0.03 |
- |
- |
- |
-0.03 |
Loss/ -Gain on Investment |
0.06 |
0.18 |
0.09 |
0.05 |
-0.12 |
Other Non-Interest Income |
-3.97 |
-0.25 |
-0.13 |
-0.23 |
0.06 |
Foreclosed Real Estate Expense Income Net |
-0.37 |
0.14 |
0.02 |
0.12 |
-0.38 |
Telephony Expense |
0.13 |
0.12 |
0.12 |
0.11 |
0.48 |
Total Noninterest Income |
0.61 |
4.90 |
4.57 |
4.39 |
4.49 |
Total Revenues |
14.38 |
18.62 |
18.35 |
18.37 |
20.41 |
Salaries & employee benefits, SGA |
0.29 |
0.22 |
0.14 |
0.12 |
11.63 |
Foreclosed Real Estate Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
1.17 |
0.75 |
0.74 |
0.79 |
-0.89 |
Professional Fees and Commission |
0.95 |
0.17 |
0.52 |
0.52 |
-0.03 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
0.27 |
0.25 |
0.28 |
0.19 |
0.16 |
Other Noninterest Expense |
1.31 |
1.49 |
1.47 |
1.18 |
1.07 |
Charitable Contributions |
- |
- |
- |
- |
0.27 |
Charitable Contribution |
0.01 |
0.07 |
0.08 |
0.06 |
-0.16 |
Debt Securities Held To Maturity Credit Loss Expense Reversal |
- |
0.05 |
- |
- |
- |
Other loss/ -income |
8.32 |
9.78 |
9.28 |
9.78 |
-0.44 |
Total Operating
Expenses |
12.31 |
12.79 |
12.51 |
12.64 |
11.59 |
Total Costs & Expenses |
20.31 |
19.97 |
18.31 |
15.95 |
13.77 |
Income /-loss before income taxes |
2.08 |
5.83 |
5.84 |
5.73 |
8.82 |
Income taxes expenses/-benefit |
0.32 |
1.32 |
1.42 |
1.36 |
1.85 |
Income after income taxes |
1.76 |
4.51 |
4.41 |
4.38 |
6.97 |
Net income/-loss
of other equity |
0.00 |
- |
- |
- |
0.00 |
Income /-loss after income taxes |
1.76 |
4.51 |
4.41 |
4.38 |
6.97 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
1.76 |
4.51 |
4.41 |
4.38 |
6.97 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
1.76 |
4.51 |
4.41 |
4.38 |
6.97 |