INCOME STATEMENT (Quarterly GAAP In millions $) |
(Dec 31 2023) I. Quarter |
(Sep 30 2023) IV. Quarter |
(Jun 30 2023) III. Quarter |
(Mar 31 2023) II. Quarter |
(Dec 31 2022) I. Quarter |
Interest and Fee Income, Loans and Leases |
10.08 |
9.62 |
9.03 |
8.62 |
7.96 |
Interest and Dividend Income, Securities |
0.01 |
0.02 |
0.01 |
0.01 |
0.01 |
Other Income |
1.46 |
0.98 |
0.73 |
0.54 |
0.53 |
Total Interest Income |
11.56 |
10.62 |
9.78 |
9.17 |
8.50 |
Interest Expense, Deposits |
4.08 |
3.36 |
2.65 |
2.01 |
1.47 |
Interest Expense, Borrowings |
0.24 |
0.25 |
0.24 |
0.22 |
0.14 |
Total Interest Expense |
4.31 |
3.61 |
2.89 |
2.23 |
1.61 |
Net Interest Income |
7.24 |
7.01 |
6.89 |
6.95 |
6.89 |
Provision
for loan losses |
0.38 |
-0.05 |
-0.08 |
0.20 |
0.32 |
Total Net Interest Income |
6.76 |
7.06 |
6.97 |
6.75 |
6.57 |
Revenue, Other Financial Services |
- |
- |
- |
- |
- |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Bank Owned Life Insurance Income |
0.10 |
0.09 |
0.09 |
0.09 |
0.10 |
Provision For Credit Losses Commitments |
- |
- |
- |
- |
- |
Federal Home Loan Bank Of New York Stock |
- |
-0.07 |
0.04 |
0.03 |
0.02 |
Service Charge Income |
- |
-0.71 |
0.39 |
0.32 |
0.25 |
Gain (Loss) on Disposition of Assets and Other Investments |
0.06 |
- |
- |
- |
- |
Other Non-Interest Income |
0.45 |
0.20 |
0.03 |
0.15 |
0.20 |
Service Fees |
- |
-0.11 |
0.07 |
0.04 |
0.03 |
Total Noninterest Income |
0.61 |
0.83 |
0.62 |
0.63 |
0.60 |
Total Revenues |
7.37 |
7.89 |
7.59 |
7.38 |
7.17 |
Salaries & employee benefits, SGA |
0.22 |
7.99 |
2.97 |
2.98 |
2.82 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
0.79 |
0.83 |
0.80 |
0.79 |
0.76 |
Professional Fees |
0.23 |
0.18 |
0.19 |
0.21 |
0.18 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
0.10 |
0.10 |
0.10 |
0.09 |
0.05 |
Other Noninterest Expense |
0.59 |
0.78 |
0.51 |
0.41 |
0.45 |
Gain Loss On Sale Of Loans And Leases |
0.13 |
-0.30 |
0.10 |
0.20 |
0.18 |
Other loss/ -income |
2.96 |
-4.93 |
0.22 |
0.11 |
0.14 |
Total Operating
Expenses |
5.02 |
5.03 |
4.89 |
4.80 |
4.58 |
Total Costs & Expenses |
2.85 |
-9.85 |
7.77 |
7.02 |
6.19 |
Income /-loss before income taxes |
2.35 |
2.86 |
2.71 |
2.59 |
2.59 |
Income taxes expenses/-benefit |
0.70 |
0.67 |
0.79 |
0.79 |
0.78 |
Income after income taxes |
1.65 |
2.19 |
1.92 |
1.80 |
1.81 |
Net income/-loss
of other equity |
- |
- |
- |
0.00 |
0.00 |
Income /-loss after income taxes |
1.65 |
2.19 |
1.92 |
1.80 |
1.81 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
1.65 |
2.19 |
1.92 |
1.80 |
1.81 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
1.65 |
2.19 |
1.92 |
1.80 |
1.81 |