INCOME STATEMENT (Quarterly GAAP In millions $) |
(Dec 31 2021) IV. Quarter |
(Sep 30 2021) III. Quarter |
(Jun 30 2021) II. Quarter |
(Mar 31 2021) I. Quarter |
(Dec 31 2020) IV. Quarter |
Interest and Fee Income, Loans and Leases |
9.12 |
9.55 |
8.88 |
8.82 |
8.76 |
Interest and Dividend Income, Securities, Operating |
0.93 |
1.20 |
1.20 |
1.02 |
1.03 |
Other Income |
0.12 |
0.10 |
0.11 |
0.13 |
0.15 |
Total Interest Income |
10.17 |
10.86 |
10.19 |
9.98 |
9.94 |
Interest Expense, Deposits |
0.75 |
0.86 |
1.09 |
1.30 |
1.39 |
Interest Expense, Federal Home Loan Bank and Federal Reserve Bank Advances, Short-term |
0.03 |
0.23 |
0.31 |
0.31 |
0.32 |
Interest Expense, Subordinated Notes and Debentures |
0.11 |
0.11 |
0.16 |
0.19 |
0.18 |
Interest Expense, Other |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Other Intrest Expenses |
0.26 |
0.26 |
0.26 |
0.26 |
0.26 |
Total Interest Expense |
1.16 |
1.47 |
1.83 |
2.07 |
2.15 |
Net Interest Income |
9.01 |
9.39 |
8.36 |
7.91 |
7.79 |
Provision
for loan losses |
- |
0.10 |
0.30 |
0.40 |
1.40 |
Total Net Interest Income |
9.01 |
9.29 |
8.06 |
7.51 |
6.39 |
Fees and Commissions, Depositor Accounts |
- |
- |
- |
- |
- |
Revenue From Contract With Customer Including Assessed Tax |
0.50 |
0.50 |
0.44 |
0.36 |
0.38 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Noninterest Income, Other Operating Income |
0.80 |
0.76 |
0.93 |
0.69 |
0.68 |
Loss/ -Gain on Investment |
0.76 |
3.74 |
0.92 |
1.07 |
1.17 |
Other Non-Interest Income |
0.00 |
0.14 |
0.06 |
0.07 |
0.05 |
Gain On Sale Of Small Business Administration Loans |
0.66 |
0.39 |
0.47 |
0.42 |
0.12 |
Total Noninterest Income |
2.72 |
5.52 |
2.82 |
2.62 |
2.39 |
Total Revenues |
11.74 |
14.81 |
10.88 |
10.12 |
8.78 |
Salaries & employee benefits, SGA |
4.88 |
4.75 |
4.60 |
4.49 |
4.79 |
Restructuring, Accretion & impairment charges |
0.57 |
- |
- |
- |
- |
Depriciation & Amortization |
0.12 |
0.12 |
0.12 |
0.12 |
0.12 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
1.82 |
1.83 |
1.75 |
1.74 |
1.74 |
Professional Fees and Commission |
- |
- |
- |
- |
- |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
0.15 |
0.15 |
0.15 |
0.14 |
0.12 |
Other Noninterest Expense |
0.98 |
1.17 |
1.01 |
0.96 |
1.10 |
Other loss/ -income |
0.00 |
2.58 |
0.00 |
0.00 |
0.00 |
Total Operating
Expenses |
8.53 |
10.61 |
7.64 |
7.46 |
7.88 |
Total Costs & Expenses |
9.68 |
12.07 |
9.47 |
9.53 |
10.03 |
Income /-loss before income taxes |
3.21 |
4.20 |
3.24 |
2.67 |
0.91 |
Income taxes expenses/-benefit |
0.70 |
0.80 |
0.72 |
0.45 |
-0.04 |
Income after income taxes |
2.51 |
3.40 |
2.52 |
2.22 |
0.95 |
Net income/-loss
of other equity |
0.00 |
0.00 |
0.00 |
0.00 |
- |
Income /-loss after income taxes |
2.51 |
3.40 |
2.52 |
2.22 |
0.95 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
2.51 |
3.40 |
2.52 |
2.22 |
0.95 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
2.51 |
3.40 |
2.52 |
2.22 |
0.95 |