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 |
192.86 |
182.39 |
168.90 |
153.84 |
143.97 |
Interest and Dividend Income, Securities |
6.28 |
6.58 |
6.38 |
6.03 |
-64.59 |
Interest Income, Federal Funds Sold |
- |
0.00 |
- |
- |
0.01 |
Interest Income, Deposits with Financial Institutions |
2.17 |
1.65 |
2.05 |
1.13 |
1.41 |
Other Income |
54.57 |
54.80 |
58.17 |
55.98 |
123.90 |
Total Interest Income |
255.89 |
245.43 |
235.50 |
216.98 |
204.70 |
Interest Expense, Deposits |
88.07 |
92.74 |
81.98 |
56.90 |
32.22 |
Interest Expense, Short-term Borrowings |
5.87 |
1.17 |
0.85 |
2.42 |
2.22 |
Interest Expense, Other Long-term Debt |
5.80 |
5.77 |
5.55 |
5.45 |
5.04 |
Total Interest Expense |
99.75 |
99.68 |
88.37 |
64.77 |
39.48 |
Net Interest Income |
156.14 |
145.76 |
147.13 |
152.21 |
165.22 |
Provision
for loan losses |
11.74 |
1.52 |
5.38 |
3.07 |
3.39 |
Total Net Interest Income |
144.40 |
144.24 |
141.75 |
149.14 |
161.83 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
-3.63 |
1.18 |
1.46 |
2.55 |
-4.17 |
Revenue From Contract With Customer Excluding Assessed Tax |
42.22 |
18.55 |
19.63 |
17.14 |
42.99 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
1.13 |
0.62 |
0.41 |
1.46 |
3.31 |
Gain Loss On Sale Of Loans And Leases |
- |
- |
- |
- |
- |
Equity Securities F V N I Unrealized Gain Loss |
- |
- |
- |
- |
- |
Gain On Purchase Of Business |
- |
- |
- |
- |
- |
Revenue From Contract With Customer Excluding Assessed Tax |
- |
- |
- |
- |
- |
Debt And Equity Securities Gain Loss |
- |
-0.11 |
-0.31 |
-1.10 |
- |
Equity Securities Fv Ni Unrealized Gain Loss |
- |
0.01 |
-0.04 |
0.19 |
- |
Financing Receivable And Off Balance Sheet Liability Credit Loss Provision |
- |
1.52 |
5.38 |
3.07 |
- |
Servicing Rights Impairment Recovery |
- |
- |
- |
- |
- |
Capital Markets Fees |
- |
- |
- |
- |
- |
Loss/ -Gain on Investment |
- |
0.48 |
0.35 |
0.16 |
0.37 |
Other Non-Interest Income |
-151.52 |
6.13 |
5.63 |
6.54 |
-12.53 |
Total Noninterest Income |
-111.80 |
28.38 |
32.49 |
30.00 |
29.98 |
Total Revenues |
32.60 |
172.62 |
174.25 |
179.14 |
191.81 |
Salaries & employee benefits, SGA |
64.77 |
62.26 |
62.10 |
62.15 |
58.77 |
Restructuring, Accretion & impairment charges |
4.37 |
2.43 |
1.89 |
1.67 |
2.44 |
Depriciation & Amortization |
1.61 |
1.63 |
1.72 |
1.79 |
1.84 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Occupancy, Net |
6.51 |
6.44 |
6.69 |
7.21 |
6.91 |
Professional Fees |
13.78 |
13.62 |
15.19 |
16.08 |
18.19 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
13.59 |
3.31 |
3.04 |
- |
- |
Other Noninterest Expense |
14.93 |
15.29 |
15.58 |
15.44 |
15.38 |
Partnership Investment In Tax Credit Projects |
3.57 |
1.14 |
0.15 |
0.54 |
3.25 |
Other loss/ -income |
7.16 |
4.94 |
3.09 |
6.17 |
10.45 |
Total Operating
Expenses |
130.29 |
111.05 |
109.45 |
111.04 |
117.22 |
Total Costs & Expenses |
230.03 |
210.73 |
197.81 |
175.81 |
156.70 |
Income /-loss before income taxes |
-97.69 |
61.57 |
64.80 |
68.09 |
74.59 |
Income taxes expenses/-benefit |
-27.32 |
13.48 |
15.38 |
15.32 |
13.94 |
Income after income taxes |
-70.36 |
48.09 |
49.42 |
52.78 |
60.65 |
Net income/-loss
of other equity |
- |
- |
0.00 |
- |
- |
Income /-loss after income taxes |
-70.36 |
48.09 |
49.42 |
52.78 |
60.65 |
Net Income (Loss) Attributable to Noncontrolling Interest |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
-70.36 |
48.09 |
49.42 |
52.78 |
60.65 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
-2.01 |
-2.01 |
-2.01 |
-2.01 |
-2.01 |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
-72.38 |
46.08 |
47.40 |
50.76 |
58.64 |