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 |
18.64 |
18.07 |
17.18 |
15.66 |
14.27 |
Interest and Dividend Income, Securities |
0.72 |
0.67 |
0.68 |
0.70 |
-3.35 |
Interest Income, Federal Funds Sold and Securities Purchased under Agreements to Resell |
5.63 |
6.41 |
4.60 |
6.36 |
6.48 |
Other Income |
4.65 |
4.65 |
4.67 |
4.55 |
8.05 |
Total Interest Income |
29.64 |
29.79 |
27.12 |
27.27 |
25.45 |
Interest Expense, Deposits |
8.04 |
7.38 |
5.82 |
4.49 |
2.43 |
Interest Expense, Federal Home Loan Bank and Federal Reserve Bank Advances, Long-term |
0.16 |
0.16 |
0.16 |
0.16 |
0.16 |
Total Interest Expense |
8.20 |
7.54 |
5.97 |
4.65 |
2.59 |
Net Interest Income |
21.44 |
22.24 |
21.15 |
22.62 |
22.87 |
Provision
for loan losses |
0.40 |
-0.15 |
0.30 |
- |
0.38 |
Total Net Interest Income |
21.04 |
22.39 |
20.85 |
22.62 |
22.49 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
- |
- |
- |
- |
- |
Revenue From Contract With Customer Including Assessed Tax |
2.03 |
1.06 |
1.02 |
- |
- |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
0.71 |
0.53 |
0.48 |
0.63 |
0.59 |
Interest And Dividend Income Securities Taxable |
- |
- |
- |
- |
- |
Interest And Dividend Income Securities Tax Exempt |
- |
- |
- |
- |
- |
Interest Income Federal Home Loan Bank Advances |
0.10 |
0.08 |
0.07 |
0.07 |
0.04 |
Loss/ -Gain on Investment |
0.03 |
0.01 |
0.02 |
0.01 |
0.03 |
Other Non-Interest Income |
4.09 |
2.52 |
2.62 |
0.74 |
1.29 |
Interchange And Other Card Expense |
0.42 |
0.43 |
0.40 |
0.38 |
0.40 |
Trust Fees |
-1.03 |
- |
- |
1.03 |
0.99 |
A T M And Debit Card Fees |
-1.66 |
- |
- |
1.66 |
1.68 |
Total Noninterest Income |
4.68 |
4.62 |
4.61 |
4.53 |
5.03 |
Total Revenues |
25.73 |
27.01 |
25.46 |
27.14 |
27.53 |
Salaries & employee benefits, SGA |
8.28 |
7.17 |
7.05 |
6.92 |
6.82 |
Foreclosed Real Estate Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
0.95 |
1.02 |
1.10 |
1.14 |
-0.84 |
Professional Fees |
0.45 |
0.36 |
0.27 |
0.35 |
0.23 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
0.33 |
0.33 |
0.33 |
0.33 |
0.21 |
Other Noninterest Expense |
1.36 |
1.31 |
1.33 |
0.94 |
1.47 |
Other loss/ -income |
2.59 |
2.60 |
2.59 |
2.49 |
4.55 |
Total Operating
Expenses |
13.96 |
12.79 |
12.67 |
12.17 |
12.45 |
Total Costs & Expenses |
22.16 |
20.33 |
18.65 |
16.82 |
15.03 |
Income /-loss before income taxes |
11.76 |
14.22 |
12.79 |
14.98 |
15.08 |
Income taxes expenses/-benefit |
2.27 |
2.81 |
2.47 |
2.98 |
2.96 |
Income after income taxes |
9.50 |
11.41 |
10.31 |
12.00 |
12.12 |
Net income/-loss
of other equity |
- |
- |
- |
- |
- |
Income /-loss after income taxes |
9.50 |
11.41 |
10.31 |
12.00 |
12.12 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
9.50 |
11.41 |
10.31 |
12.00 |
12.12 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
9.50 |
11.41 |
10.31 |
12.00 |
12.12 |