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 Held-for-sale |
0.06 |
0.03 |
0.03 |
0.02 |
0.02 |
Interest and Dividend Income, Securities |
1.49 |
1.52 |
1.47 |
1.27 |
1.40 |
Interest Income, Federal Funds Sold |
- |
0.00 |
- |
0.00 |
- |
Interest Income, Deposits with Financial Institutions |
0.09 |
0.10 |
0.54 |
0.24 |
0.08 |
Other Income |
22.26 |
20.28 |
18.90 |
18.26 |
16.39 |
Total Interest Income |
23.89 |
21.93 |
20.93 |
19.79 |
17.89 |
Interest Expense, Deposits |
5.82 |
4.45 |
4.40 |
1.45 |
1.62 |
Interest Expense, Federal Funds Purchased and Securities Sold under Agreements to Repurchase |
0.04 |
0.02 |
0.02 |
0.02 |
0.01 |
Interest Expense, Long-term Debt and Capital Securities |
0.99 |
0.91 |
0.87 |
0.26 |
0.57 |
Interest Expense, Borrowings |
0.15 |
0.24 |
0.39 |
-1.11 |
0.12 |
Other Intrest Expenses |
1.74 |
2.10 |
1.31 |
4.18 |
0.50 |
Total Interest Expense |
8.74 |
7.73 |
6.99 |
4.80 |
2.83 |
Net Interest Income |
15.15 |
14.20 |
13.95 |
14.99 |
15.07 |
Provision
for loan losses |
0.11 |
- |
0.68 |
0.10 |
0.30 |
Total Net Interest Income |
15.04 |
14.20 |
13.27 |
14.89 |
14.77 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
- |
- |
- |
- |
- |
Revenue From Contract With Customer Including Assessed Tax |
0.76 |
0.74 |
0.68 |
0.68 |
0.69 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Noninterest Income, Other Operating Income |
0.37 |
0.60 |
0.58 |
0.67 |
0.46 |
Provision For Release Of Other Real Estate Owned |
- |
- |
- |
- |
- |
Interest And Fee Income Other Than Loans Held For Sale |
- |
- |
- |
- |
- |
Financing Receivable Unfunded Commitments And Debt Securities Excluding Accrued Interest Credit Loss Expense Reversal |
- |
- |
- |
- |
- |
Financing Receivable Credit Loss Expense Reversal Including Unfunded Commitments |
- |
- |
- |
- |
- |
Loss/ -Gain on Investment |
0.85 |
0.67 |
0.50 |
0.34 |
0.63 |
Other Non-Interest Income |
-2.19 |
-1.94 |
0.27 |
0.96 |
1.36 |
Interest Expense Time Deposits250000 Or More |
0.82 |
1.53 |
1.15 |
0.47 |
0.35 |
Total Noninterest Income |
0.61 |
1.60 |
3.18 |
3.12 |
3.49 |
Total Revenues |
15.64 |
15.80 |
16.45 |
18.01 |
18.25 |
Salaries & employee benefits, SGA |
0.38 |
0.35 |
0.36 |
13.04 |
0.43 |
Foreclosed Real Estate Expense |
- |
- |
- |
- |
- |
Occupancy, Net |
0.84 |
0.80 |
0.80 |
0.84 |
0.79 |
Professional Fees and Commission |
0.50 |
0.44 |
0.51 |
-1.86 |
0.40 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Supplies and Postage Expense |
0.25 |
0.18 |
0.19 |
0.23 |
0.24 |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
1.25 |
1.82 |
1.33 |
1.68 |
1.44 |
Other loss/ -income |
9.36 |
9.13 |
9.30 |
-1.33 |
8.91 |
Total Operating
Expenses |
12.57 |
12.73 |
12.48 |
12.58 |
12.20 |
Total Costs & Expenses |
21.31 |
20.45 |
19.46 |
17.37 |
15.02 |
Income /-loss before income taxes |
3.08 |
3.08 |
3.98 |
5.43 |
6.06 |
Income taxes expenses/-benefit |
0.50 |
0.53 |
0.71 |
0.71 |
1.13 |
Income after income taxes |
2.58 |
2.55 |
3.27 |
4.73 |
4.93 |
Net income/-loss
of other equity |
0.00 |
- |
- |
- |
- |
Income /-loss after income taxes |
2.58 |
2.55 |
3.27 |
4.73 |
4.93 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
2.58 |
2.55 |
3.27 |
4.73 |
4.93 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
2.58 |
2.55 |
3.27 |
4.73 |
4.93 |