INCOME STATEMENT (Quarterly GAAP In millions $) |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
(Sep 30 2022) III. Quarter |
Interest and Fee Income, Loans and Leases |
20.90 |
20.76 |
18.28 |
14.37 |
11.89 |
Interest and Dividend Income, Securities |
1.46 |
1.46 |
1.44 |
1.41 |
1.43 |
Interest Income, Federal Funds Sold |
0.27 |
0.16 |
0.25 |
0.12 |
0.05 |
Interest Income, Deposits with Financial Institutions |
0.30 |
0.37 |
0.25 |
0.24 |
0.13 |
Other Income |
0.15 |
0.09 |
0.09 |
0.13 |
0.06 |
Total Interest Income |
23.07 |
22.84 |
20.30 |
16.26 |
13.57 |
Interest Expense, Deposits |
5.63 |
3.85 |
2.99 |
1.77 |
0.81 |
Interest Expense, Short-term Borrowings |
1.26 |
1.46 |
0.65 |
0.26 |
0.04 |
Interest Expense, Other |
0.21 |
0.17 |
0.16 |
0.14 |
0.11 |
Total Interest Expense |
7.10 |
5.48 |
3.80 |
2.18 |
0.97 |
Net Interest Income |
15.97 |
17.35 |
16.51 |
14.08 |
12.60 |
Provision
for loan losses |
1.13 |
0.81 |
0.51 |
- |
- |
Total Net Interest Income |
14.84 |
16.54 |
16.00 |
14.08 |
12.60 |
Investment Banking, Advisory, Brokerage, and Underwriting Fees and Commissions |
0.19 |
0.17 |
0.19 |
0.15 |
0.23 |
Revenue From Contract With Customer Including Assessed Tax |
0.95 |
0.94 |
0.99 |
0.98 |
1.00 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Bank Owned Life Insurance Income |
0.21 |
0.22 |
0.20 |
0.14 |
0.11 |
Debt Securities Available For Sale Gain Loss |
- |
- |
- |
- |
- |
Equity Securities Fv Ni Unrealized Gain Loss |
0.05 |
-0.07 |
-0.14 |
-0.08 |
-0.06 |
Loss/ -Gain on Investment |
0.11 |
0.08 |
0.10 |
0.72 |
0.00 |
Other Non-Interest Income |
-0.09 |
-0.15 |
-0.04 |
0.24 |
-0.04 |
Ohio State Franchise Tax |
0.40 |
0.40 |
0.39 |
0.28 |
0.29 |
Total Noninterest Income |
1.82 |
1.59 |
1.68 |
2.41 |
1.55 |
Total Revenues |
16.66 |
18.13 |
17.68 |
16.50 |
14.15 |
Salaries & employee benefits, SGA |
0.41 |
0.42 |
0.49 |
7.86 |
0.27 |
Restructuring, Accretion & impairment charges |
- |
- |
- |
1.20 |
- |
Depriciation & Amortization |
0.27 |
0.27 |
0.27 |
0.14 |
0.08 |
Foreclosed Real Estate Expense |
0.20 |
0.06 |
0.13 |
0.71 |
- |
Communications, Occupancy and Information Technology |
0.70 |
0.66 |
0.70 |
-1.02 |
0.46 |
Professional Fees |
0.55 |
0.55 |
0.54 |
0.38 |
0.28 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
0.21 |
0.25 |
0.12 |
0.11 |
0.08 |
Other Noninterest Expense |
1.85 |
1.72 |
1.66 |
1.16 |
1.30 |
Capitalized Computer Software Amortization |
0.02 |
0.02 |
0.03 |
0.03 |
0.03 |
Noncash Merger Related Costs |
0.02 |
0.21 |
0.25 |
1.41 |
0.39 |
Other loss/ -income |
7.90 |
7.91 |
7.62 |
-2.32 |
6.00 |
Total Operating
Expenses |
12.12 |
12.05 |
11.79 |
12.34 |
8.89 |
Total Costs & Expenses |
19.22 |
17.54 |
15.59 |
14.52 |
9.85 |
Income /-loss before income taxes |
4.54 |
6.08 |
5.89 |
4.15 |
5.26 |
Income taxes expenses/-benefit |
0.70 |
0.99 |
0.99 |
0.65 |
1.01 |
Income after income taxes |
3.84 |
5.09 |
4.90 |
3.50 |
4.25 |
Net income/-loss
of other equity |
- |
0.00 |
- |
- |
0.00 |
Income /-loss after income taxes |
3.84 |
5.09 |
4.90 |
3.50 |
4.25 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
3.84 |
5.09 |
4.90 |
3.50 |
4.25 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
3.84 |
5.09 |
4.90 |
3.50 |
4.25 |