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 |
40.31 |
38.07 |
35.12 |
32.56 |
-225.01 |
Interest and Dividend Income, Securities, Operating |
57.23 |
53.40 |
47.66 |
43.64 |
43.82 |
Other Income |
175.96 |
173.44 |
164.59 |
155.68 |
406.28 |
Total Interest Income |
273.50 |
264.91 |
247.37 |
231.89 |
225.09 |
Interest Expense, Deposits |
63.48 |
54.70 |
31.70 |
12.55 |
4.64 |
Interest Expense, Securities Sold under Agreements to Repurchase |
12.23 |
10.97 |
8.61 |
4.61 |
1.77 |
Interest Expense, Junior Subordinated Debentures |
1.47 |
1.47 |
1.43 |
1.41 |
1.30 |
Interest Expense, Other |
-0.37 |
0.49 |
0.44 |
0.50 |
0.63 |
Other Intrest Expenses |
30.23 |
30.23 |
33.20 |
26.64 |
12.69 |
Total Interest Expense |
107.04 |
97.85 |
75.39 |
45.70 |
21.03 |
Net Interest Income |
166.46 |
167.05 |
171.98 |
186.19 |
204.06 |
Provision
for loan losses |
3.01 |
3.54 |
2.77 |
5.47 |
6.12 |
Total Net Interest Income |
163.44 |
163.52 |
169.21 |
180.72 |
197.94 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
- |
- |
- |
- |
- |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Noninterest Income, Other Operating Income |
3.33 |
2.63 |
2.45 |
3.87 |
3.15 |
Debt Securities Realized Gain Loss |
0.20 |
-0.07 |
-0.02 |
-0.11 |
0.52 |
Debt And Equity Securities Realized Gain Loss |
1.51 |
- |
- |
- |
- |
Loss/ -Gain on Investment |
2.23 |
4.05 |
3.53 |
2.40 |
2.18 |
Other Non-Interest Income |
11.16 |
17.57 |
14.51 |
-6.77 |
6.53 |
Interest Expense Federal Home Loan Bank Advance |
- |
- |
3.31 |
23.61 |
12.69 |
General Insurance And Federal Deposit Insurance Corporation Premium Expense |
12.44 |
6.06 |
5.31 |
4.90 |
3.43 |
Total Noninterest Income |
30.87 |
30.24 |
29.08 |
27.90 |
28.48 |
Total Revenues |
194.31 |
193.76 |
198.29 |
208.62 |
226.42 |
Salaries & employee benefits, SGA |
71.42 |
77.39 |
78.76 |
81.48 |
72.82 |
Depriciation & Amortization |
2.43 |
2.43 |
2.43 |
2.45 |
2.66 |
Foreclosed Real Estate Expense |
0.08 |
0.02 |
0.01 |
0.01 |
0.01 |
Communications, Occupancy and Information Technology |
10.53 |
10.55 |
10.83 |
11.67 |
-4.29 |
Professional Fees and Commission |
- |
- |
- |
- |
- |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
23.38 |
20.35 |
21.12 |
22.13 |
20.70 |
Other loss/ -income |
24.36 |
18.84 |
17.45 |
17.25 |
37.09 |
Total Operating
Expenses |
132.20 |
129.58 |
130.60 |
134.98 |
128.98 |
Total Costs & Expenses |
239.24 |
227.43 |
205.99 |
180.68 |
150.01 |
Income /-loss before income taxes |
62.11 |
64.18 |
67.68 |
73.64 |
97.44 |
Income taxes expenses/-benefit |
7.80 |
11.73 |
12.73 |
12.42 |
17.76 |
Income after income taxes |
54.32 |
52.45 |
54.96 |
61.21 |
79.68 |
Net income/-loss
of other equity |
- |
- |
- |
0.00 |
0.00 |
Income /-loss after income taxes |
54.32 |
52.45 |
54.96 |
61.21 |
79.68 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
54.32 |
52.45 |
54.96 |
61.21 |
79.68 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
54.32 |
52.45 |
54.96 |
61.21 |
79.68 |