INCOME STATEMENT (Quarterly GAAP In millions $) |
(Sep 30 2018) III. Quarter |
(Jun 30 2018) II. Quarter |
(Mar 31 2018) I. Quarter |
(Dec 31 2017) IV. Quarter |
(Sep 30 2017) III. Quarter |
Interest and Fee Income, Loans and Leases |
33.83 |
33.55 |
32.12 |
31.40 |
30.90 |
Interest and Dividend Income, Securities |
4.26 |
4.18 |
4.20 |
3.87 |
3.73 |
Interest Income, Federal Funds Sold and Securities Purchased under Agreements to Resell |
0.03 |
0.04 |
0.02 |
0.07 |
0.06 |
Total Interest Income |
38.12 |
37.76 |
36.34 |
35.34 |
34.69 |
Interest Expense, Deposits |
3.19 |
2.78 |
2.27 |
2.08 |
1.94 |
Interest Expense, Short-term Borrowings |
0.06 |
0.05 |
0.02 |
0.02 |
0.02 |
Interest Expense, Long-term Debt and Capital Securities |
2.08 |
2.06 |
1.95 |
1.44 |
1.40 |
Total Interest Expense |
5.33 |
4.89 |
4.24 |
3.55 |
3.35 |
Net Interest Income |
32.79 |
32.88 |
32.09 |
31.79 |
31.33 |
Provision
for loan losses |
0.21 |
0.53 |
0.19 |
0.28 |
0.50 |
Total Net Interest Income |
32.58 |
32.35 |
31.91 |
31.51 |
30.84 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
- |
- |
- |
- |
- |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
1.52 |
0.97 |
1.12 |
2.35 |
0.67 |
Other Non Interest Income |
- |
- |
- |
- |
0.34 |
Gain On Sale Of Small Business Administration Loans |
- |
- |
- |
- |
- |
Customer Service And Other Fees |
3.57 |
3.65 |
3.32 |
- |
3.58 |
Fees Generated From Management Of Customer Investments |
2.75 |
2.47 |
2.30 |
- |
1.48 |
Deposit Service And Other Fees |
- |
- |
- |
- |
- |
Loss/ -Gain on Investment |
0.43 |
0.02 |
0.23 |
-0.75 |
-0.09 |
Other Non-Interest Income |
-0.69 |
-0.42 |
-0.70 |
16.87 |
-5.66 |
Insurance And Assessments |
0.69 |
0.67 |
0.70 |
0.67 |
0.64 |
Other General And Administrative |
- |
- |
- |
-12.58 |
5.16 |
Total Noninterest Income |
8.27 |
7.36 |
6.97 |
6.57 |
6.13 |
Total Revenues |
40.86 |
39.70 |
38.88 |
38.08 |
36.97 |
Salaries & employee benefits, SGA |
12.62 |
12.87 |
12.90 |
11.85 |
11.74 |
Restructuring, Accretion & impairment charges |
- |
- |
- |
0.17 |
- |
Depriciation & Amortization |
0.92 |
0.95 |
0.91 |
0.78 |
0.67 |
Foreclosed Real Estate Expense |
- |
- |
- |
- |
- |
Occupancy, Net |
1.67 |
1.68 |
1.74 |
5.15 |
-1.71 |
Professional Fees |
0.91 |
1.04 |
1.09 |
2.83 |
-0.93 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
3.78 |
4.42 |
3.51 |
19.36 |
- |
Foreclosed Real Estate Expense Benefit |
0.02 |
0.00 |
0.04 |
-0.21 |
0.02 |
Other Real Estate Owned Expense Net |
- |
- |
- |
0.17 |
- |
Other loss/ -income |
1.70 |
1.70 |
1.76 |
3.62 |
-6.78 |
Total Operating
Expenses |
21.61 |
22.67 |
21.95 |
43.73 |
2.04 |
Total Costs & Expenses |
26.94 |
27.56 |
26.19 |
47.27 |
5.39 |
Income /-loss before income taxes |
19.25 |
17.03 |
16.93 |
14.12 |
15.16 |
Income taxes expenses/-benefit |
4.30 |
3.77 |
3.37 |
5.52 |
5.11 |
Income after income taxes |
14.94 |
13.26 |
13.56 |
8.61 |
10.05 |
Net income/-loss
of other equity |
0.00 |
- |
0.00 |
- |
- |
Income /-loss after income taxes |
14.94 |
13.26 |
13.56 |
8.61 |
10.05 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
14.94 |
13.26 |
13.56 |
8.61 |
10.05 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
14.94 |
13.26 |
13.56 |
8.61 |
10.05 |