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 |
2.15 |
2.14 |
2.09 |
2.09 |
2.09 |
Interest and Dividend Income, Securities, Operating, Other |
1.10 |
1.00 |
0.97 |
0.97 |
0.94 |
Interest Income, Federal Funds Sold |
0.10 |
0.13 |
0.23 |
0.40 |
0.27 |
Total Interest Income |
3.35 |
3.27 |
3.29 |
3.46 |
3.31 |
Interest Expense, Deposits |
0.12 |
0.12 |
0.11 |
0.36 |
0.12 |
Interest Expense, Short-term Borrowings |
0.28 |
0.04 |
- |
0.20 |
0.15 |
Other Intrest Expenses |
- |
- |
- |
0.00 |
0.01 |
Total Interest Expense |
0.40 |
0.15 |
0.11 |
0.12 |
0.27 |
Net Interest Income |
2.95 |
3.11 |
3.18 |
3.34 |
3.04 |
Provision
for loan losses |
-0.09 |
0.13 |
-0.04 |
0.07 |
0.04 |
Total Net Interest Income |
3.04 |
2.99 |
3.22 |
3.27 |
3.00 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
- |
- |
- |
- |
- |
Revenue From Contract With Customer Including Assessed Tax |
- |
- |
- |
-0.04 |
- |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
0.23 |
0.16 |
0.16 |
0.37 |
0.24 |
Interest Income Federal Funds Sold And Other Short Term Investments |
- |
- |
- |
- |
- |
Provision For Loan Lease And Other Losses Two |
- |
- |
- |
- |
- |
Dividend Income From F H L B Iinterest Income From Federal Reserve And Other Financial Institutions |
- |
- |
- |
- |
- |
Dividend Income From F H L B Interest Income From Federal Reserve And Other Financial Institutions |
- |
- |
- |
- |
- |
Noninterest Income Other Operating Income Expense |
- |
- |
- |
- |
- |
Dividend Income From F H L B I Interest Income From Federal Reserve And Other Financial Institutions |
- |
- |
- |
- |
- |
Gain Loss On Redemption Of Bank Owned Life Insurance Policies |
- |
- |
- |
- |
- |
Debt And Equity Securities Gain Loss |
- |
- |
- |
- |
- |
Loss/ -Gain on Investment |
- |
- |
- |
0.21 |
- |
Other Non-Interest Income |
-0.12 |
-0.20 |
-0.19 |
-0.30 |
-0.17 |
Data Processing And Item Processing Services |
0.21 |
0.28 |
0.27 |
0.29 |
0.24 |
Total Noninterest Income |
0.32 |
0.24 |
0.25 |
0.52 |
0.32 |
Total Revenues |
3.36 |
3.23 |
3.47 |
3.80 |
3.32 |
Salaries & employee benefits, SGA |
0.03 |
0.02 |
0.02 |
0.02 |
0.02 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
0.33 |
0.30 |
0.33 |
0.98 |
0.29 |
Professional Fees |
0.19 |
0.24 |
0.26 |
0.75 |
0.30 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
0.04 |
0.04 |
0.05 |
0.08 |
0.03 |
Other Noninterest Expense |
0.29 |
0.31 |
0.28 |
0.95 |
0.35 |
Loan Collection Costs |
0.01 |
0.00 |
0.00 |
0.01 |
0.00 |
Other loss/ -income |
1.94 |
2.02 |
2.01 |
9.39 |
1.92 |
Total Operating
Expenses |
2.82 |
2.93 |
2.94 |
2.75 |
2.92 |
Total Costs & Expenses |
3.22 |
3.08 |
3.05 |
-14.06 |
3.19 |
Income /-loss before income taxes |
0.54 |
0.30 |
0.52 |
0.99 |
0.40 |
Income taxes expenses/-benefit |
-0.01 |
0.03 |
0.09 |
0.15 |
0.02 |
Income after income taxes |
0.55 |
0.28 |
0.44 |
0.83 |
0.38 |
Net income/-loss
of other equity |
- |
0.00 |
0.00 |
- |
- |
Income /-loss after income taxes |
0.55 |
0.28 |
0.44 |
0.83 |
0.38 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
0.55 |
0.28 |
0.44 |
0.83 |
0.38 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
0.55 |
0.28 |
0.44 |
0.83 |
0.38 |