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 |
87.01 |
85.90 |
85.81 |
82.54 |
80.73 |
Interest and Dividend Income, Securities, Operating |
11.67 |
12.31 |
12.87 |
12.76 |
11.47 |
Other Interest and Dividend Income |
2.60 |
2.50 |
2.02 |
1.75 |
1.97 |
Total Interest Income |
101.28 |
100.71 |
100.71 |
97.05 |
94.17 |
Interest Expense, Deposits |
39.32 |
33.84 |
35.39 |
29.37 |
18.52 |
Interest Expense, Borrowings |
26.97 |
27.95 |
21.84 |
18.31 |
19.96 |
Total Interest Expense |
66.29 |
61.79 |
57.23 |
47.68 |
38.48 |
Net Interest Income |
34.99 |
38.91 |
43.48 |
49.38 |
55.69 |
Provision
for loan losses |
0.45 |
-1.11 |
-0.37 |
0.59 |
3.80 |
Total Net Interest Income |
34.54 |
40.02 |
43.85 |
48.78 |
51.89 |
Insurance Commissions and Fees |
- |
- |
- |
- |
- |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Noninterest Income, Other Operating Income |
3.26 |
2.55 |
1.89 |
2.08 |
3.15 |
Depositor And Other Retail Banking Fees |
2.33 |
2.46 |
2.70 |
2.66 |
2.36 |
Noninterest Income Expense Other |
- |
- |
- |
- |
- |
Net Gains Losses On Mortgage Loan Origination And Sales Activities |
2.11 |
2.37 |
2.46 |
2.41 |
1.49 |
Debt Securities Available For Sale Realized Gain Loss |
- |
- |
- |
- |
- |
Debt Securities Availableforsale Realized Gain Loss |
- |
- |
- |
- |
- |
Financing Receivable Credit Loss Expense Reversal And Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal |
- |
- |
- |
- |
-5.20 |
Provision For Loan Lease And Other Losses And Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal |
- |
- |
- |
- |
- |
Other Non-Interest Income |
3.26 |
3.09 |
3.26 |
3.04 |
7.88 |
Total Noninterest Income |
10.96 |
10.46 |
10.31 |
10.19 |
9.68 |
Total Revenues |
45.50 |
50.49 |
54.16 |
58.97 |
61.57 |
Salaries & employee benefits, SGA |
27.03 |
27.00 |
27.78 |
29.25 |
10.19 |
Restructuring, Accretion & impairment charges |
- |
- |
39.86 |
- |
- |
Foreclosed Real Estate Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
5.41 |
5.31 |
5.79 |
5.74 |
-8.63 |
Professional Fees |
- |
- |
- |
- |
- |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
- |
- |
- |
- |
- |
Other loss/ -income |
17.07 |
16.78 |
17.36 |
17.50 |
48.86 |
Total Operating
Expenses |
49.51 |
49.09 |
90.78 |
52.49 |
50.42 |
Total Costs & Expenses |
115.80 |
110.88 |
148.01 |
100.17 |
88.90 |
Income /-loss before income taxes |
-4.01 |
1.40 |
-36.63 |
6.48 |
11.15 |
Income taxes expenses/-benefit |
-0.59 |
-0.90 |
-5.18 |
1.42 |
2.65 |
Income after income taxes |
-3.42 |
2.30 |
-31.44 |
5.06 |
8.50 |
Net income/-loss
of other equity |
- |
- |
- |
- |
0.00 |
Income /-loss after income taxes |
-3.42 |
2.30 |
-31.44 |
5.06 |
8.50 |
Redeemable Noncontrolling Interest, Equity, Carrying Amount, Total |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
-3.42 |
2.30 |
-31.44 |
5.06 |
8.50 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
-3.42 |
2.30 |
-31.44 |
5.06 |
8.50 |