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 |
122.10 |
106.94 |
100.90 |
95.62 |
85.27 |
Interest and Dividend Income, Securities |
7.50 |
7.49 |
7.62 |
0.15 |
7.67 |
Other Interest and Dividend Income |
2.22 |
1.17 |
0.64 |
0.67 |
1.43 |
Other Income |
5.28 |
4.99 |
5.04 |
12.73 |
4.85 |
Total Interest Income |
137.09 |
120.59 |
114.19 |
109.17 |
99.21 |
Interest Expense, Deposits |
30.76 |
19.99 |
11.14 |
4.09 |
2.23 |
Interest Expense, Short-term Borrowings |
7.61 |
8.13 |
4.92 |
2.51 |
0.08 |
Interest Expense, Long-term Debt and Capital Securities |
1.61 |
1.34 |
1.33 |
0.06 |
1.36 |
Other Intrest Expenses |
2.22 |
2.06 |
1.73 |
2.73 |
1.06 |
Total Interest Expense |
42.20 |
31.50 |
19.13 |
9.39 |
4.74 |
Net Interest Income |
94.90 |
89.09 |
95.07 |
99.78 |
94.48 |
Provision
for loan losses |
12.63 |
3.61 |
3.91 |
7.68 |
4.48 |
Total Net Interest Income |
82.26 |
85.48 |
91.16 |
92.10 |
89.99 |
Insurance Agency Management Fee |
4.36 |
3.72 |
3.93 |
3.44 |
3.89 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
2.91 |
2.63 |
2.66 |
-0.85 |
2.74 |
Gain On Sale Of Investments |
- |
- |
- |
- |
- |
Service Charges On Deposit Accounts |
3.98 |
3.73 |
3.55 |
3.60 |
3.58 |
Atm Fees |
- |
- |
- |
- |
- |
Retirement Plan Administration Fees |
12.80 |
11.74 |
11.46 |
10.66 |
11.50 |
Debt And Equity Securities Realized Gain Loss |
-0.18 |
-4.64 |
-5.00 |
-0.22 |
-0.15 |
Other Non-Interest Income |
16.07 |
14.59 |
14.76 |
17.44 |
15.60 |
Interest Expense Long Term Debt Excluding Junior Subordinated Debentures |
0.29 |
0.29 |
0.05 |
0.02 |
0.02 |
Total Noninterest Income |
40.24 |
32.05 |
31.41 |
34.09 |
37.17 |
Total Revenues |
122.50 |
117.52 |
122.57 |
126.19 |
127.17 |
Salaries & employee benefits, SGA |
49.25 |
46.83 |
48.16 |
45.85 |
48.37 |
Restructuring, Accretion & impairment charges |
7.92 |
1.19 |
0.62 |
0.97 |
- |
Depriciation & Amortization |
1.61 |
0.46 |
0.54 |
0.54 |
0.54 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
7.09 |
6.92 |
7.22 |
-10.97 |
6.48 |
Professional Fees |
4.15 |
4.16 |
4.18 |
4.81 |
3.82 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Supplies and Postage Expense |
1.70 |
1.68 |
1.63 |
1.70 |
1.47 |
Federal Deposit Insurance Corporation Premium Expense |
1.66 |
1.34 |
1.40 |
0.80 |
0.79 |
Other Noninterest Expense |
6.51 |
5.69 |
5.08 |
5.98 |
5.02 |
Loan Collection And Other Real Estate Owned |
0.57 |
0.69 |
0.86 |
0.96 |
0.55 |
Other loss/ -income |
10.34 |
9.83 |
9.66 |
28.88 |
9.66 |
Total Operating
Expenses |
90.80 |
78.79 |
79.32 |
79.51 |
76.69 |
Total Costs & Expenses |
133.00 |
110.30 |
98.45 |
88.90 |
81.43 |
Income /-loss before income taxes |
31.70 |
38.73 |
43.24 |
46.68 |
50.47 |
Income taxes expenses/-benefit |
7.10 |
8.66 |
9.59 |
10.56 |
11.50 |
Income after income taxes |
24.61 |
30.07 |
33.66 |
36.12 |
38.97 |
Net income/-loss
of other equity |
- |
0.00 |
- |
0.00 |
- |
Income /-loss after income taxes |
24.61 |
30.07 |
33.66 |
36.12 |
38.97 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
24.61 |
30.07 |
33.66 |
36.12 |
38.97 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
24.61 |
30.07 |
33.66 |
36.12 |
38.97 |