INCOME STATEMENT (Quarterly GAAP In millions $) |
(Dec 31 2023) II. Quarter |
(Sep 30 2023) I. Quarter |
(Jun 30 2023) IV. Quarter |
(Mar 31 2023) III. Quarter |
(Dec 31 2022) II. Quarter |
Interest and Fee Income, Loans and Leases |
63.38 |
62.77 |
62.04 |
60.17 |
58.00 |
Interest and Dividend Income, Securities |
0.08 |
0.09 |
0.09 |
0.10 |
0.22 |
Other Interest and Dividend Income |
2.40 |
2.05 |
1.82 |
1.44 |
1.01 |
Other Income |
16.76 |
16.27 |
15.74 |
15.46 |
13.22 |
Total Interest Income |
82.63 |
81.17 |
79.69 |
77.17 |
72.44 |
Interest Expense, Deposits |
30.34 |
27.57 |
26.23 |
22.25 |
18.82 |
Interest Expense, Borrowings |
16.45 |
14.44 |
13.29 |
12.55 |
8.84 |
Total Interest Expense |
46.79 |
42.01 |
39.51 |
34.80 |
27.66 |
Net Interest Income |
35.84 |
39.16 |
40.18 |
42.37 |
44.78 |
Provision
for loan losses |
2.11 |
0.25 |
-0.31 |
0.45 |
1.67 |
Total Net Interest Income |
33.73 |
38.92 |
40.49 |
41.92 |
43.11 |
Investment Banking, Advisory, Brokerage, and Underwriting Fees and Commissions |
- |
- |
-1.36 |
0.46 |
0.40 |
Revenue From Contract With Customer Including Assessed Tax |
- |
- |
-2.41 |
0.91 |
0.73 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
0.81 |
1.01 |
0.90 |
1.07 |
3.72 |
Gain Loss From Reo Operations |
- |
- |
- |
- |
- |
Loss/ -Gain on Investment |
- |
0.22 |
1.84 |
-2.37 |
- |
Other Non-Interest Income |
-20.64 |
-1.63 |
1.18 |
-1.96 |
-17.20 |
|
3.81 |
3.80 |
-7.40 |
3.54 |
3.87 |
Total Noninterest Income |
-16.01 |
4.01 |
3.67 |
1.65 |
-8.48 |
Total Revenues |
17.72 |
42.93 |
44.15 |
43.57 |
34.63 |
Salaries & employee benefits, SGA |
0.30 |
0.23 |
0.23 |
0.41 |
0.73 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Occupancy, Net |
2.67 |
2.76 |
2.86 |
3.10 |
2.99 |
Noninterest Expense Directors Fees |
0.39 |
0.39 |
0.35 |
0.34 |
0.34 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
1.50 |
1.52 |
1.46 |
1.55 |
1.23 |
Other Noninterest Expense |
3.81 |
3.31 |
3.04 |
3.41 |
3.58 |
Other loss/ -income |
21.10 |
21.56 |
20.83 |
21.54 |
23.79 |
Total Operating
Expenses |
29.77 |
29.77 |
28.76 |
30.35 |
32.65 |
Total Costs & Expenses |
76.55 |
71.78 |
68.27 |
65.15 |
60.31 |
Income /-loss before income taxes |
-12.05 |
13.15 |
15.39 |
13.21 |
1.98 |
Income taxes expenses/-benefit |
1.78 |
3.31 |
3.38 |
2.90 |
0.03 |
Income after income taxes |
-13.83 |
9.84 |
12.01 |
10.31 |
1.95 |
Net income/-loss
of other equity |
- |
0.00 |
- |
0.00 |
- |
Income /-loss after income taxes |
-13.83 |
9.84 |
12.01 |
10.31 |
1.95 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
-13.83 |
9.84 |
12.01 |
10.31 |
1.95 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
-13.83 |
9.84 |
12.01 |
10.31 |
1.95 |