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 |
169.53 |
162.72 |
152.36 |
139.05 |
127.31 |
Interest Income, Securities, Operating, Taxable |
8.75 |
8.70 |
8.50 |
7.55 |
6.72 |
Other Interest and Dividend Income |
8.26 |
9.19 |
8.85 |
4.82 |
2.58 |
Total Interest Income |
186.54 |
180.61 |
169.71 |
151.42 |
136.61 |
Interest Expense, Deposits |
96.70 |
90.91 |
85.00 |
67.60 |
50.36 |
Interest Expense, Borrowings |
0.27 |
0.29 |
0.41 |
1.80 |
0.35 |
Total Interest Expense |
96.96 |
91.20 |
85.41 |
69.40 |
50.71 |
Net Interest Income |
89.58 |
89.41 |
84.30 |
82.02 |
85.90 |
Provision
for loan losses |
9.00 |
10.28 |
13.03 |
19.02 |
19.67 |
Total Net Interest Income |
80.58 |
79.13 |
71.27 |
63.00 |
66.23 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
- |
- |
- |
- |
- |
Operating Leases, Income Statement, Lease Revenue |
- |
- |
- |
- |
- |
Noninterest Income, Other |
8.61 |
3.50 |
3.90 |
4.07 |
5.05 |
Construction Supervision Fee Income |
- |
- |
- |
- |
- |
Lease Income |
- |
- |
- |
- |
- |
Operating and Capital Leases Income Statement Lease Revenue |
- |
- |
- |
- |
- |
Equity Securities F V N I With And Without Readily Determinable Fair Value Realized And Unrealized Gain Loss |
-0.38 |
-0.78 |
0.12 |
0.08 |
-0.88 |
Noninterest Income Lease Income |
2.44 |
2.50 |
2.54 |
2.54 |
7.57 |
Gain Loss On Contribution To Equity Method Investment |
- |
- |
- |
- |
- |
Management Fee Income |
3.31 |
3.28 |
3.27 |
3.47 |
5.76 |
Loss/ -Gain on Investment |
0.05 |
-1.03 |
-2.06 |
-2.95 |
-28.43 |
Other Non-Interest Income |
16.32 |
31.00 |
14.66 |
16.86 |
26.92 |
Equity Securities Fv Ni Realized Gain Loss |
- |
- |
- |
- |
1.74 |
Fair Value Option Changes In Fair Value Gain Loss |
-0.17 |
-0.57 |
1.73 |
-4.53 |
0.57 |
Contributions And Donations |
-0.06 |
- |
- |
0.06 |
0.76 |
Total Noninterest Income |
30.11 |
37.89 |
24.16 |
19.58 |
19.07 |
Total Revenues |
110.69 |
117.02 |
95.43 |
82.58 |
85.30 |
Salaries & employee benefits, SGA |
2.50 |
3.45 |
3.01 |
3.60 |
80.89 |
Restructuring, Accretion & impairment charges |
14.58 |
- |
- |
0.07 |
8.45 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
3.78 |
4.33 |
4.98 |
4.34 |
-6.47 |
Professional Fees |
3.05 |
1.76 |
2.00 |
0.93 |
2.45 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
4.09 |
4.12 |
5.06 |
3.40 |
2.92 |
Other Noninterest Expense |
5.17 |
2.77 |
2.88 |
6.33 |
1.95 |
Other Loan Origination And Maintenance Expense |
3.94 |
3.50 |
3.44 |
3.93 |
3.66 |
Other loss/ -income |
56.10 |
54.35 |
55.09 |
56.37 |
-26.15 |
Total Operating
Expenses |
93.20 |
74.26 |
76.46 |
78.96 |
84.59 |
Total Costs & Expenses |
190.16 |
165.46 |
161.87 |
148.36 |
135.29 |
Income /-loss before income taxes |
17.48 |
42.76 |
18.97 |
3.61 |
0.72 |
Income taxes expenses/-benefit |
1.32 |
2.97 |
1.43 |
3.22 |
-1.08 |
Income after income taxes |
16.16 |
39.79 |
17.54 |
0.40 |
1.79 |
Net income/-loss
of other equity |
- |
- |
- |
0.00 |
0.00 |
Income /-loss after income taxes |
16.16 |
39.79 |
17.54 |
0.40 |
1.79 |
Net Income (Loss) Attributable to Noncontrolling Interest |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
16.16 |
39.79 |
17.54 |
0.40 |
1.79 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
16.16 |
39.79 |
17.54 |
0.40 |
1.79 |