INCOME STATEMENT (Quarterly GAAP In millions $) |
(Dec 31 2023) IV. Quarter |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) III. Quarter |
(Dec 31 2022) IV. Quarter |
Interest and Fee Income, Loans and Leases |
192.18 |
187.15 |
179.76 |
170.93 |
164.05 |
Interest Income, Securities, Operating, Taxable |
14.63 |
14.82 |
15.58 |
15.31 |
15.79 |
Interest Income, Federal Funds Sold |
0.30 |
0.91 |
3.31 |
0.67 |
4.16 |
Other Income |
0.06 |
0.06 |
0.04 |
0.03 |
0.12 |
Total Interest Income |
207.17 |
202.93 |
198.69 |
186.94 |
184.13 |
Interest Expense, Deposits |
49.46 |
40.71 |
31.91 |
22.68 |
14.33 |
Interest Expense, Borrowings |
12.62 |
12.34 |
14.24 |
5.26 |
1.45 |
Other Intrest Expenses |
-4.40 |
1.92 |
0.18 |
0.01 |
-1.89 |
Total Interest Expense |
6.88 |
- |
- |
- |
7.66 |
Total Interest Expense |
62.07 |
53.05 |
46.15 |
27.94 |
15.77 |
Net Interest Income |
145.10 |
149.88 |
152.55 |
159.00 |
168.36 |
Provision
for loan losses |
5.50 |
5.50 |
5.00 |
7.25 |
5.50 |
Total Net Interest Income |
139.60 |
144.38 |
147.55 |
151.75 |
162.86 |
Investment Banking, Advisory, Brokerage, and Underwriting Fees and Commissions |
9.82 |
10.25 |
10.35 |
9.78 |
10.39 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
7.80 |
7.07 |
6.36 |
5.78 |
3.40 |
Available For Sale Securities Fixed Income Gross Realized Gains |
- |
- |
- |
- |
- |
Available For Sale Securities Equity Gross Realized Gains |
- |
- |
- |
- |
- |
Taxable Interest And Dividends On Securities |
- |
- |
- |
- |
- |
Non Taxable Interest And Dividends On Securities |
0.00 |
0.00 |
0.00 |
0.00 |
- |
Service Charges On Deposit Accounts |
6.13 |
5.94 |
5.51 |
5.92 |
- |
Interchange And Atm Fees |
4.64 |
4.81 |
4.48 |
4.18 |
- |
Fees And Commission Mortgage Banking |
0.61 |
0.74 |
0.67 |
0.31 |
- |
Derivative Gain Loss On Derivative Net |
0.80 |
0.84 |
1.28 |
0.41 |
- |
Derivative Instruments Gain Loss Recognized In Income Net |
- |
- |
- |
- |
- |
Proceeds From Death Benefits On Life Insurance Policies |
- |
- |
- |
- |
- |
Other Non-Interest Income |
-0.03 |
1.59 |
-0.10 |
-0.31 |
16.40 |
Debit Card Expense |
2.30 |
2.32 |
2.22 |
2.17 |
2.11 |
Total Noninterest Income |
32.07 |
33.54 |
30.76 |
28.24 |
32.30 |
Total Revenues |
171.66 |
177.92 |
178.30 |
179.99 |
195.16 |
Salaries & employee benefits, SGA |
56.39 |
54.80 |
53.98 |
56.98 |
53.75 |
Depriciation & Amortization |
-5.24 |
1.71 |
1.72 |
1.82 |
-5.80 |
Foreclosed Real Estate Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
13.05 |
12.32 |
12.39 |
12.82 |
7.97 |
Professional Fees |
2.19 |
2.75 |
1.94 |
2.08 |
2.56 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
3.94 |
2.73 |
2.67 |
2.61 |
1.73 |
Other Noninterest Expense |
15.11 |
15.43 |
14.99 |
14.72 |
14.59 |
Software Maintenance |
3.71 |
3.32 |
3.13 |
2.95 |
3.26 |
Other loss/ -income |
11.60 |
4.72 |
4.75 |
4.70 |
16.82 |
Total Operating
Expenses |
100.75 |
97.78 |
95.56 |
98.66 |
94.87 |
Total Costs & Expenses |
162.82 |
150.83 |
141.70 |
126.60 |
110.64 |
Income /-loss before income taxes |
70.92 |
80.14 |
82.75 |
81.33 |
100.29 |
Income taxes expenses/-benefit |
75.63 |
- |
- |
- |
83.94 |
Income after income taxes |
54.80 |
60.81 |
62.64 |
61.25 |
77.04 |
Net income/-loss
of other equity |
59.52 |
-19.33 |
-20.10 |
-20.08 |
60.70 |
Income /-loss after income taxes |
54.80 |
60.81 |
62.64 |
61.25 |
77.04 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
54.80 |
60.81 |
62.64 |
61.25 |
77.04 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
54.80 |
60.81 |
62.64 |
61.25 |
77.04 |