INCOME STATEMENT (Quarterly GAAP In millions $) |
(Dec 31 2023) II. Quarter |
(Sep 30 2023) I. Quarter |
(Jun 30 2023) IV. Quarter |
(Mar 31 2023) III. Quarter |
(Dec 31 2022) II. Quarter |
Interest and Fee Income, Loans and Leases |
17.78 |
17.21 |
16.19 |
15.68 |
14.80 |
Interest and Dividend Income, Securities |
5.14 |
5.06 |
4.75 |
4.56 |
4.19 |
Other Income |
2.68 |
2.41 |
2.58 |
1.70 |
1.53 |
Total Interest Income |
25.59 |
24.67 |
23.52 |
21.93 |
20.53 |
Interest Expense, Deposits |
12.56 |
10.61 |
8.75 |
5.56 |
3.74 |
Interest Expense, Borrowings |
0.65 |
0.63 |
0.54 |
1.15 |
0.87 |
Total Interest Expense |
13.21 |
11.23 |
9.29 |
6.71 |
4.61 |
Net Interest Income |
12.39 |
13.44 |
14.24 |
15.23 |
15.92 |
Provision
for loan losses |
0.17 |
0.46 |
0.13 |
-0.94 |
0.24 |
Total Net Interest Income |
12.22 |
12.98 |
14.11 |
16.17 |
15.68 |
Investment Banking, Advisory, Brokerage, and Underwriting Fees and Commissions |
0.21 |
0.24 |
0.19 |
0.21 |
0.20 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Bank Owned Life Insurance Income |
0.57 |
0.36 |
0.35 |
0.34 |
0.34 |
Interest Bearing Deposits And Federal Funds Sold |
- |
- |
- |
- |
- |
Debit Card Fees |
- |
- |
- |
- |
- |
Service Charges On Deposit Accounts |
- |
- |
- |
- |
- |
Debit Cards Fees |
- |
- |
- |
- |
- |
E Commerce Fees |
- |
- |
- |
- |
- |
Other Non-Interest Income |
2.23 |
2.18 |
4.47 |
2.10 |
1.99 |
Computer Software Supplies And Support |
0.47 |
0.51 |
-0.78 |
0.41 |
0.37 |
Total Noninterest Income |
3.48 |
3.30 |
3.09 |
3.06 |
2.90 |
Total Revenues |
15.70 |
16.28 |
17.20 |
19.23 |
18.57 |
Salaries & employee benefits, SGA |
5.65 |
5.49 |
6.35 |
6.19 |
5.45 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
0.59 |
0.54 |
0.68 |
0.62 |
0.51 |
Professional Fees |
0.42 |
0.38 |
0.37 |
0.51 |
1.70 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
0.31 |
0.31 |
0.45 |
0.19 |
0.21 |
Other Noninterest Expense |
0.92 |
0.79 |
0.50 |
1.00 |
0.69 |
Other loss/ -income |
1.43 |
1.34 |
1.66 |
1.35 |
1.40 |
Total Operating
Expenses |
9.33 |
8.85 |
10.00 |
9.86 |
9.95 |
Total Costs & Expenses |
22.53 |
20.08 |
19.29 |
16.56 |
14.56 |
Income /-loss before income taxes |
6.37 |
7.44 |
7.20 |
9.37 |
8.62 |
Income taxes expenses/-benefit |
0.66 |
0.97 |
0.74 |
1.28 |
1.43 |
Income after income taxes |
5.71 |
6.47 |
6.46 |
8.09 |
7.20 |
Net income/-loss
of other equity |
- |
- |
- |
- |
0.00 |
Income /-loss after income taxes |
5.71 |
6.47 |
6.46 |
8.09 |
7.20 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
5.71 |
6.47 |
6.46 |
8.09 |
7.20 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
5.71 |
6.47 |
6.46 |
8.09 |
7.20 |