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 |
41.59 |
40.03 |
39.32 |
38.70 |
50.77 |
Interest and Dividend Income, Securities |
0.72 |
0.84 |
0.94 |
1.07 |
-1.13 |
Interest Income, Deposits with Financial Institutions |
5.94 |
6.40 |
5.54 |
3.15 |
0.99 |
Other Income |
1.44 |
1.06 |
1.23 |
1.85 |
3.50 |
Total Interest Income |
49.70 |
48.33 |
47.03 |
44.76 |
54.12 |
Interest Expense, Deposits |
17.60 |
17.46 |
16.45 |
10.15 |
8.26 |
Interest Expense, Securities Sold under Agreements to Repurchase |
0.00 |
- |
- |
0.89 |
0.42 |
Interest Expense, Subordinated Notes and Debentures |
0.81 |
0.81 |
0.80 |
0.80 |
1.08 |
Other Intrest Expenses |
0.18 |
-0.56 |
-2.87 |
0.18 |
0.16 |
Total Interest Expense |
1.00 |
1.40 |
1.13 |
0.90 |
0.93 |
Total Interest Expense |
18.59 |
18.46 |
17.45 |
12.03 |
9.92 |
Net Interest Income |
31.11 |
29.87 |
29.58 |
32.73 |
44.20 |
Provision
for loan losses |
-2.10 |
-0.16 |
-4.24 |
4.58 |
7.43 |
Total Net Interest Income |
33.21 |
30.02 |
33.82 |
28.15 |
36.77 |
Insurance Commissions and Fees |
0.08 |
0.08 |
0.08 |
0.09 |
0.14 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Noninterest Income, Other Operating Income |
2.20 |
1.72 |
2.08 |
1.84 |
0.44 |
Commercial Swap Fee Income |
- |
- |
- |
- |
- |
Gain Loss On Disposition Of Other Financial Assets |
- |
- |
- |
- |
- |
Gain Loss On Acquisition And Divestiture Activity |
- |
- |
- |
- |
- |
Visa Debit Card Income |
- |
- |
- |
- |
- |
Capitalized Servicing Retained Income |
- |
- |
- |
- |
- |
Mortgage Fee Income |
- |
- |
- |
- |
- |
Gain Loss On Sale Of Loans And Leases |
- |
- |
- |
- |
- |
Fees and Commissions Depositor Accounts |
- |
2.85 |
3.50 |
- |
-6.66 |
Fees and Commissions Debit Cards |
- |
- |
- |
- |
- |
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal |
- |
-0.16 |
-4.24 |
- |
- |
Gain (Loss) on Disposition of Assets and Other Investments |
- |
- |
- |
- |
0.00 |
Loss/ -Gain on Investment |
0.27 |
0.33 |
-0.99 |
-0.36 |
- |
Other Non-Interest Income |
1.81 |
0.75 |
5.82 |
1.80 |
-14.31 |
Equity Securities Fv Ni Unrealized Gain Loss |
0.08 |
0.22 |
0.16 |
-0.31 |
0.09 |
Total Noninterest Income |
4.44 |
5.79 |
6.42 |
3.07 |
-7.44 |
Total Revenues |
37.65 |
35.82 |
40.24 |
31.22 |
29.33 |
Salaries & employee benefits, SGA |
14.86 |
16.02 |
15.75 |
16.75 |
17.96 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
2.30 |
2.28 |
3.23 |
2.71 |
0.24 |
Professional Fees |
5.76 |
5.68 |
3.95 |
2.95 |
2.86 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Supplies Expense |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
1.80 |
2.65 |
3.66 |
2.40 |
4.88 |
Other loss/ -income |
3.57 |
4.09 |
3.70 |
3.51 |
6.94 |
Total Operating
Expenses |
28.30 |
30.73 |
30.28 |
28.32 |
32.88 |
Total Costs & Expenses |
46.89 |
49.19 |
47.73 |
40.35 |
42.80 |
Income /-loss before income taxes |
9.35 |
5.09 |
9.95 |
2.90 |
-3.55 |
Income taxes expenses/-benefit |
1.43 |
1.22 |
1.96 |
0.47 |
-0.80 |
Income after income taxes |
7.92 |
3.87 |
8.00 |
2.44 |
-2.75 |
Net income/-loss
of other equity |
0.00 |
- |
0.00 |
0.00 |
1.32 |
Income /-loss after income taxes |
7.92 |
3.87 |
8.00 |
2.44 |
-1.43 |
Stockholders Equity Attributable to Noncontrolling Interest |
-0.01 |
-0.01 |
0.11 |
0.12 |
-1.17 |
Discontinued Operations |
- |
- |
- |
8.78 |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
7.92 |
3.87 |
8.00 |
11.22 |
-1.43 |
Noncontrolling interests |
-0.01 |
-0.01 |
0.11 |
0.12 |
-1.17 |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
7.91 |
3.87 |
8.11 |
11.34 |
-2.60 |