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 Dividend Income, Securities |
4.01 |
4.02 |
4.06 |
4.30 |
-2.06 |
Other Interest and Dividend Income |
2.10 |
1.61 |
1.04 |
0.96 |
2.21 |
Other Income |
84.83 |
83.00 |
79.38 |
73.96 |
75.20 |
Total Interest Income |
90.94 |
88.62 |
84.48 |
79.22 |
75.35 |
Interest Expense, Deposits |
42.15 |
37.11 |
33.61 |
24.92 |
28.02 |
Interest Expense, Short-term Borrowings |
0.19 |
3.12 |
2.35 |
2.78 |
0.38 |
Other Intrest Expenses |
- |
- |
- |
- |
0.13 |
Total Interest Expense |
42.34 |
40.23 |
35.96 |
27.70 |
18.52 |
Net Interest Income |
48.60 |
48.39 |
48.52 |
51.52 |
56.84 |
Provision
for loan losses |
0.30 |
0.40 |
0.80 |
4.35 |
8.96 |
Total Net Interest Income |
48.30 |
47.99 |
47.72 |
47.17 |
47.88 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
2.31 |
2.30 |
2.27 |
2.20 |
1.66 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
17.21 |
0.60 |
0.69 |
0.62 |
10.52 |
Fees And Commissions Depositors Accounts |
2.68 |
2.74 |
2.73 |
2.63 |
2.91 |
Fees And Commissions Loan And Service Fees |
2.97 |
2.93 |
3.00 |
2.85 |
3.08 |
Fees And Commissions Credit Card |
0.91 |
0.94 |
0.93 |
0.88 |
0.90 |
Debt And Equity Securities Gain Loss |
-0.01 |
-0.04 |
0.00 |
0.02 |
0.02 |
Interest Rate Swap Fee Income |
- |
- |
0.79 |
- |
0.09 |
Other Non-Interest Income |
-0.66 |
-0.71 |
-19.07 |
-1.10 |
-0.06 |
Corporate And Business Development Expense |
0.88 |
1.20 |
1.30 |
1.43 |
1.12 |
Regulatory Fees And Federal Deposit Insurance Corporation Insurance |
0.89 |
0.87 |
0.80 |
0.80 |
0.48 |
Wire Fraud Loss |
- |
- |
18.06 |
- |
- |
Total Noninterest Income |
17.21 |
10.84 |
11.50 |
10.31 |
10.52 |
Total Revenues |
65.51 |
58.83 |
59.23 |
57.48 |
58.40 |
Salaries & employee benefits, SGA |
15.73 |
15.98 |
11.37 |
16.06 |
14.69 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
1.49 |
1.62 |
1.68 |
1.57 |
14.59 |
Professional Fees |
2.30 |
2.11 |
2.05 |
2.12 |
4.78 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
3.02 |
2.61 |
2.57 |
2.56 |
9.46 |
Other loss/ -income |
6.91 |
6.78 |
25.06 |
7.12 |
12.72 |
Total Operating
Expenses |
29.45 |
29.10 |
42.73 |
29.43 |
27.43 |
Total Costs & Expenses |
71.79 |
69.33 |
78.69 |
57.14 |
45.95 |
Income /-loss before income taxes |
36.06 |
29.73 |
16.49 |
28.05 |
30.96 |
Income taxes expenses/-benefit |
6.44 |
4.48 |
1.88 |
3.77 |
4.99 |
Income after income taxes |
29.63 |
25.25 |
14.61 |
24.28 |
25.98 |
Net income/-loss
of other equity |
0.00 |
0.00 |
- |
- |
0.00 |
Income /-loss after income taxes |
29.63 |
25.25 |
14.61 |
24.28 |
25.98 |
Stockholders Equity Attributable to Noncontrolling Interest |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
29.63 |
25.25 |
14.61 |
24.28 |
25.98 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
29.63 |
25.25 |
14.61 |
24.28 |
25.98 |