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 |
12.64 |
11.89 |
11.51 |
11.50 |
10.76 |
Interest and Dividend Income, Securities |
1.63 |
1.61 |
1.65 |
1.65 |
1.63 |
Interest Income, Deposits with Financial Institutions |
0.34 |
0.76 |
0.34 |
0.52 |
0.38 |
Other Income |
0.03 |
0.03 |
0.03 |
0.07 |
0.02 |
Total Interest Income |
14.63 |
14.29 |
13.53 |
13.74 |
12.79 |
Interest Expense, Deposits |
3.81 |
3.40 |
2.22 |
1.59 |
0.93 |
Interest Expense, Long-term Debt and Capital Securities |
0.07 |
0.07 |
0.07 |
-0.07 |
0.07 |
Interest Expense, Other |
- |
0.00 |
- |
- |
- |
Other Intrest Expenses |
-0.37 |
-0.36 |
-0.33 |
0.20 |
-0.26 |
Total Interest Expense |
3.95 |
3.54 |
2.35 |
1.73 |
1.07 |
Net Interest Income |
10.68 |
10.75 |
11.18 |
12.01 |
11.73 |
Provision
for loan losses |
0.10 |
0.10 |
- |
1.25 |
0.20 |
Total Net Interest Income |
10.58 |
10.65 |
11.18 |
10.76 |
11.53 |
Fees and Commissions |
- |
- |
- |
- |
- |
Revenue From Contract With Customer Including Assessed Tax |
2.86 |
2.54 |
2.42 |
2.47 |
2.61 |
Profit (Loss) from Real Estate Operations |
0.02 |
-0.22 |
0.00 |
-0.19 |
0.01 |
Other Noninterest Income |
0.20 |
0.21 |
0.21 |
0.36 |
0.25 |
Gain Loss On Postretirement Benefit Liability |
- |
- |
- |
- |
- |
Gain Loss On Sale Of Other Investments |
- |
- |
- |
- |
- |
Atm And Check Card Fees |
- |
- |
- |
- |
- |
Gain (Loss) on Disposition of Assets and Other Investments |
- |
- |
- |
-0.03 |
- |
Other Non-Interest Income |
-0.28 |
0.09 |
-0.11 |
1.26 |
-0.09 |
Bank Franchise Tax |
0.26 |
0.26 |
0.25 |
0.24 |
0.24 |
Total Noninterest Income |
3.05 |
2.88 |
2.78 |
4.10 |
3.03 |
Total Revenues |
13.64 |
13.53 |
13.95 |
14.86 |
14.55 |
Salaries & employee benefits, SGA |
0.20 |
0.25 |
0.27 |
9.98 |
0.21 |
Depriciation & Amortization |
0.01 |
0.00 |
0.01 |
0.00 |
0.01 |
Foreclosed Real Estate Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
0.53 |
0.52 |
0.53 |
0.11 |
0.54 |
Professional Fees |
0.44 |
0.42 |
0.34 |
0.34 |
0.36 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Supplies Expense |
0.13 |
0.15 |
0.15 |
0.14 |
0.12 |
Federal Deposit Insurance Corporation Premium Expense |
0.16 |
0.21 |
0.11 |
0.07 |
0.11 |
Other Noninterest Expense |
- |
- |
- |
3.95 |
- |
Other loss/ -income |
8.31 |
7.60 |
7.80 |
-5.65 |
7.74 |
Total Operating
Expenses |
9.78 |
9.16 |
9.20 |
8.95 |
9.08 |
Total Costs & Expenses |
13.73 |
12.70 |
11.55 |
10.68 |
10.15 |
Income /-loss before income taxes |
3.85 |
4.37 |
4.75 |
5.91 |
5.47 |
Income taxes expenses/-benefit |
0.73 |
0.87 |
0.91 |
1.13 |
1.02 |
Income after income taxes |
3.12 |
3.51 |
3.85 |
4.78 |
4.45 |
Net income/-loss
of other equity |
- |
0.00 |
0.00 |
- |
0.00 |
Income /-loss after income taxes |
3.12 |
3.51 |
3.85 |
4.78 |
4.45 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
3.12 |
3.51 |
3.85 |
4.78 |
4.45 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
3.12 |
3.51 |
3.85 |
4.78 |
4.45 |