INCOME STATEMENT (Quarterly GAAP In millions $) |
(Dec 31 2023) II. Quarter |
(Sep 30 2023) I. Quarter |
(Mar 31 2023) III. Quarter |
(Dec 31 2022) II. Quarter |
(Sep 30 2022) I. Quarter |
Interest and Fee Income, Loans and Leases |
3.63 |
3.46 |
2.98 |
2.90 |
2.64 |
Interest Income, Securities, Mortgage Backed |
0.09 |
3.73 |
3.21 |
3.13 |
2.89 |
Interest Income, Other Domestic Deposits |
0.21 |
- |
- |
- |
- |
Other Income |
- |
-3.46 |
-2.98 |
-2.90 |
-2.64 |
Total Interest Income |
3.93 |
3.73 |
3.21 |
3.13 |
2.89 |
Interest Expense, Deposits |
1.56 |
1.27 |
0.52 |
0.38 |
0.45 |
Interest Expense, Borrowings |
0.76 |
0.85 |
0.71 |
0.38 |
0.10 |
Other Intrest Expenses |
-0.07 |
-0.07 |
-0.08 |
-0.10 |
-0.13 |
Total Interest Expense |
2.27 |
2.06 |
1.17 |
0.68 |
0.45 |
Net Interest Income |
1.66 |
1.67 |
2.05 |
2.45 |
2.43 |
Provision
for loan losses |
0.01 |
0.01 |
- |
- |
0.11 |
Total Net Interest Income |
1.65 |
1.66 |
2.05 |
2.45 |
2.32 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
- |
- |
- |
- |
- |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
0.02 |
0.05 |
0.05 |
0.05 |
0.06 |
Unrealized Loss Other Real Estate |
- |
- |
- |
- |
- |
Gain On Purchase Of Business |
- |
- |
- |
- |
- |
S E C Schedule I I I Real Estate Writedown Or Reserve Amount |
- |
- |
- |
- |
- |
Real Estate Owned Valuation Allowance Provision |
- |
- |
- |
- |
- |
Valuation Adjustment For Real Estate Owned |
- |
- |
- |
- |
- |
Interest Bearing Deposits And Other |
- |
- |
- |
- |
- |
Interest And Fee Income Other Loans Held For Sales |
- |
- |
- |
- |
- |
Loss/ -Gain on Investment |
0.01 |
0.00 |
- |
0.00 |
0.01 |
Other Non-Interest Income |
-1.42 |
-1.17 |
-0.40 |
-0.23 |
-0.24 |
Interest Expense Certificates Of Deposit |
1.45 |
1.15 |
0.38 |
0.22 |
0.24 |
Voice And Data Communications |
- |
0.04 |
0.03 |
0.03 |
0.03 |
Total Noninterest Income |
0.05 |
0.07 |
0.07 |
0.07 |
0.10 |
Total Revenues |
1.69 |
1.74 |
2.11 |
2.52 |
2.42 |
Salaries & employee benefits, SGA |
1.29 |
1.28 |
1.27 |
1.30 |
1.23 |
Foreclosed Real Estate Expense |
0.02 |
0.02 |
0.03 |
0.02 |
0.02 |
Communications, Occupancy and Information Technology |
0.17 |
0.13 |
0.10 |
0.12 |
0.11 |
Professional Fees |
0.11 |
0.07 |
0.04 |
0.10 |
0.08 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
0.07 |
- |
- |
- |
- |
Other Noninterest Expense |
0.15 |
0.14 |
0.14 |
0.17 |
0.16 |
Occupancy And Equipment |
- |
0.14 |
0.16 |
0.16 |
0.15 |
Outside Service Fees |
0.14 |
0.08 |
0.08 |
0.05 |
0.06 |
Other loss/ -income |
0.21 |
0.13 |
0.10 |
0.12 |
0.11 |
Total Operating
Expenses |
2.15 |
1.98 |
1.92 |
2.03 |
1.93 |
Total Costs & Expenses |
4.42 |
4.05 |
3.08 |
2.71 |
2.38 |
Income /-loss before income taxes |
-0.46 |
-0.24 |
0.20 |
0.49 |
0.49 |
Income taxes expenses/-benefit |
-0.09 |
-0.07 |
0.05 |
0.11 |
0.12 |
Income after income taxes |
-0.36 |
-0.18 |
0.14 |
0.37 |
0.37 |
Net income/-loss
of other equity |
- |
- |
0.00 |
- |
- |
Income /-loss after income taxes |
-0.36 |
-0.18 |
0.14 |
0.37 |
0.37 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
-0.36 |
-0.18 |
0.14 |
0.37 |
0.37 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
-0.36 |
-0.18 |
0.14 |
0.37 |
0.37 |