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 |
114.68 |
111.62 |
105.26 |
100.48 |
95.30 |
Interest and Dividend Income, Securities |
1.45 |
1.54 |
1.59 |
1.64 |
-13.33 |
Interest Income, Federal Funds Sold |
1.29 |
1.31 |
1.98 |
0.73 |
0.45 |
Other Income |
11.91 |
12.08 |
11.94 |
11.55 |
25.76 |
Total Interest Income |
129.33 |
126.54 |
120.77 |
114.41 |
108.18 |
Interest Expense, Deposits |
52.18 |
45.06 |
36.70 |
29.16 |
21.77 |
Interest Expense, Federal Funds Purchased and Securities Sold under Agreements to Repurchase |
5.79 |
10.19 |
10.37 |
7.22 |
2.77 |
Interest Expense, Other Long-term Debt |
6.05 |
2.39 |
2.16 |
2.10 |
2.00 |
Total Interest Expense |
64.02 |
57.63 |
49.23 |
38.48 |
26.54 |
Net Interest Income |
65.31 |
68.91 |
71.54 |
75.93 |
81.64 |
Provision
for loan losses |
1.95 |
1.26 |
1.95 |
7.89 |
-2.76 |
Total Net Interest Income |
63.36 |
67.64 |
69.60 |
68.03 |
84.40 |
Fees and Commissions |
- |
- |
- |
- |
- |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
0.16 |
0.12 |
0.49 |
0.14 |
-1.32 |
Other Than Temporary Impairment Losses Investments Availableforsale Securities |
- |
- |
- |
- |
- |
Gains On Sales And Calls Of Investment Securities |
- |
- |
- |
- |
- |
Provision Recovery For Loan And Lease Losses |
- |
- |
- |
- |
- |
Fees and Commissions Service Charges On Deposit Accounts |
- |
- |
- |
- |
- |
Fees And Commissions |
1.71 |
1.73 |
1.86 |
1.93 |
- |
Service Charges On Deposit Accounts |
2.71 |
2.00 |
2.84 |
2.79 |
- |
Loss/ -Gain on Investment |
0.51 |
0.35 |
0.23 |
0.43 |
-0.13 |
Other Non-Interest Income |
1.71 |
1.22 |
1.25 |
0.98 |
8.47 |
Total Noninterest Income |
6.79 |
5.42 |
6.67 |
6.27 |
7.02 |
Total Revenues |
70.14 |
73.06 |
76.26 |
74.30 |
91.42 |
Salaries & employee benefits, SGA |
25.14 |
26.16 |
27.59 |
30.00 |
26.91 |
Restructuring, Accretion & impairment charges |
0.13 |
0.20 |
0.24 |
0.30 |
0.53 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Information Technology and Data Processing |
1.74 |
1.93 |
2.03 |
1.86 |
1.26 |
Professional Fees and Commission |
- |
- |
- |
- |
- |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Supplies and Postage Expense |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
1.35 |
1.35 |
1.63 |
0.96 |
0.69 |
Other Noninterest Expense |
7.19 |
6.84 |
7.54 |
7.51 |
8.32 |
Premises And Equipment Expense |
7.45 |
7.89 |
7.99 |
7.98 |
7.66 |
Total Operating
Expenses |
42.99 |
44.37 |
47.01 |
48.61 |
45.37 |
Total Costs & Expenses |
107.01 |
102.00 |
96.23 |
87.09 |
71.91 |
Income /-loss before income taxes |
27.15 |
28.69 |
29.26 |
25.69 |
46.05 |
Income taxes expenses/-benefit |
7.08 |
6.46 |
6.63 |
5.89 |
12.48 |
Income after income taxes |
20.07 |
22.24 |
22.63 |
19.81 |
33.58 |
Net income/-loss
of other equity |
0.00 |
0.00 |
- |
- |
- |
Income /-loss after income taxes |
20.07 |
22.24 |
22.63 |
19.81 |
33.58 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
20.07 |
22.24 |
22.63 |
19.81 |
33.58 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
20.07 |
22.24 |
22.63 |
19.81 |
33.58 |