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 |
54.09 |
51.87 |
49.73 |
46.49 |
43.77 |
Interest and Dividend Income, Securities |
1.79 |
1.80 |
1.82 |
2.13 |
-15.40 |
Other Interest and Dividend Income |
0.23 |
0.37 |
0.07 |
0.24 |
- |
Other Income |
9.27 |
9.53 |
9.73 |
10.44 |
28.38 |
Total Interest Income |
65.39 |
63.57 |
61.35 |
59.31 |
56.76 |
Interest Expense, Deposits |
27.20 |
23.13 |
20.12 |
15.32 |
15.47 |
Interest Expense, Short-term Borrowings |
3.50 |
3.72 |
2.12 |
1.79 |
7.73 |
Other Intrest Expenses |
2.13 |
2.15 |
2.15 |
2.12 |
5.20 |
Total Interest Expense |
32.83 |
29.00 |
24.39 |
19.23 |
13.19 |
Net Interest Income |
32.56 |
34.58 |
36.96 |
40.08 |
43.56 |
Provision
for loan losses |
1.77 |
1.55 |
1.60 |
0.93 |
0.57 |
Total Net Interest Income |
30.79 |
33.02 |
35.37 |
39.14 |
42.99 |
Insurance Commissions and Fees |
- |
- |
- |
- |
- |
Profit (Loss) from Real Estate Operations |
0.05 |
0.00 |
-0.01 |
-0.03 |
0.05 |
Other Noninterest Income |
0.85 |
0.73 |
0.21 |
0.41 |
1.77 |
Gain Loss On Disposition Of Other Financial Assets |
- |
- |
- |
- |
- |
Interest And Discount On Loan Pool Participations |
- |
- |
- |
- |
- |
Mortgage Origination And Loan Servicing Fees |
- |
- |
- |
- |
- |
Trust Investment And Insurance Fees |
- |
- |
- |
- |
- |
Fees And Commissions Depositors Accounts |
- |
- |
- |
- |
- |
Debt Securities Realized Gain Loss Excluding Other Than Temporary Impairment |
- |
- |
- |
- |
- |
Debt Securities Realized Gain Loss |
-5.70 |
0.08 |
0.00 |
-13.17 |
0.00 |
Other Non-Interest Income |
3.32 |
3.90 |
3.38 |
3.80 |
4.43 |
Total Noninterest Income |
3.86 |
9.86 |
8.75 |
-4.05 |
10.94 |
Total Revenues |
34.65 |
42.89 |
44.11 |
35.10 |
53.93 |
Salaries & employee benefits, SGA |
0.70 |
0.78 |
1.14 |
0.99 |
21.39 |
Depriciation & Amortization |
1.44 |
1.46 |
1.59 |
1.75 |
1.77 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
3.72 |
3.91 |
4.10 |
4.11 |
11.84 |
Professional Fees |
2.27 |
1.68 |
1.68 |
1.74 |
6.72 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
0.90 |
0.78 |
0.86 |
0.75 |
1.25 |
Other Noninterest Expense |
2.55 |
2.04 |
2.47 |
1.98 |
6.27 |
Other loss/ -income |
20.55 |
20.89 |
23.08 |
22.01 |
-15.63 |
Total Operating
Expenses |
32.13 |
31.54 |
34.92 |
33.32 |
34.44 |
Total Costs & Expenses |
64.96 |
60.54 |
59.31 |
52.55 |
47.63 |
Income /-loss before income taxes |
2.52 |
11.34 |
9.19 |
1.78 |
19.49 |
Income taxes expenses/-benefit |
-0.21 |
2.20 |
1.60 |
0.38 |
3.49 |
Income after income taxes |
2.73 |
9.14 |
7.59 |
1.40 |
16.00 |
Net income/-loss
of other equity |
- |
- |
- |
- |
0.00 |
Income /-loss after income taxes |
2.73 |
9.14 |
7.59 |
1.40 |
16.00 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
2.73 |
9.14 |
7.59 |
1.40 |
16.00 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
2.73 |
9.14 |
7.59 |
1.40 |
16.00 |