INCOME STATEMENT (Quarterly GAAP In millions $) |
(Dec 31 2018) IV. Quarter |
(Sep 30 2018) III. Quarter |
(Jun 30 2018) II. Quarter |
(Mar 31 2018) I. Quarter |
(Dec 31 2017) IV. Quarter |
Interest and Fee Income, Loans and Leases |
48.51 |
43.69 |
35.71 |
34.42 |
28.83 |
Interest and Dividend Income, Securities, Operating |
1.78 |
1.50 |
1.21 |
1.17 |
0.76 |
Interest Income, Federal Funds Sold |
0.97 |
0.82 |
0.60 |
0.54 |
0.44 |
Other Income |
0.18 |
0.19 |
0.19 |
0.19 |
0.19 |
Total Interest Income |
51.43 |
46.20 |
37.71 |
36.32 |
30.22 |
Interest Expense, Deposits |
6.83 |
5.56 |
3.85 |
2.96 |
2.37 |
Interest Expense, Securities Sold under Agreements to Repurchase |
0.07 |
0.05 |
- |
- |
- |
Interest Expense, Subordinated Notes and Debentures |
0.61 |
0.54 |
0.39 |
0.39 |
0.39 |
Interest Expense, Borrowings |
0.02 |
0.03 |
0.07 |
0.07 |
0.07 |
Total Interest Expense |
7.53 |
6.17 |
4.31 |
3.42 |
2.82 |
Net Interest Income |
43.90 |
40.02 |
33.40 |
32.90 |
27.40 |
Provision
for loan losses |
1.55 |
1.00 |
0.86 |
1.32 |
1.48 |
Total Net Interest Income |
42.35 |
39.02 |
32.55 |
31.58 |
25.92 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
- |
- |
- |
- |
3.79 |
Revenue From Contract With Customer Including Assessed Tax |
4.37 |
1.17 |
1.03 |
1.01 |
- |
Operating Leases, Income Statement, Lease Revenue |
-0.28 |
- |
- |
0.28 |
0.24 |
Other Noninterest Income |
1.30 |
1.01 |
0.72 |
0.70 |
-8.52 |
Loss/ -Gain on Investment |
-0.08 |
- |
-0.03 |
0.36 |
- |
Other Non-Interest Income |
-0.46 |
2.59 |
2.95 |
2.63 |
-0.19 |
Total Noninterest Income |
4.85 |
4.77 |
4.68 |
4.98 |
-4.68 |
Total Revenues |
47.20 |
43.79 |
37.22 |
36.57 |
19.93 |
Salaries & employee benefits, SGA |
18.87 |
14.34 |
12.50 |
12.46 |
10.02 |
Depriciation & Amortization |
1.47 |
1.31 |
0.74 |
0.74 |
0.39 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Occupancy, Net |
2.26 |
2.44 |
2.03 |
2.27 |
6.26 |
Professional Fees |
- |
- |
- |
- |
2.41 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
8.76 |
7.14 |
5.53 |
7.28 |
7.88 |
Commissionbased Compensation |
1.75 |
1.88 |
1.83 |
1.50 |
1.70 |
Other loss/ -income |
- |
- |
- |
- |
-9.41 |
Total Operating
Expenses |
33.11 |
27.10 |
22.62 |
24.25 |
19.25 |
Total Costs & Expenses |
40.64 |
33.27 |
26.93 |
27.67 |
22.07 |
Income /-loss before income taxes |
14.09 |
16.69 |
14.60 |
12.32 |
11.54 |
Income taxes expenses/-benefit |
2.67 |
4.04 |
3.30 |
2.78 |
10.12 |
Income after income taxes |
11.42 |
12.65 |
11.30 |
9.54 |
1.42 |
Net income/-loss
of other equity |
0.00 |
0.00 |
- |
- |
0.00 |
Income /-loss after income taxes |
11.42 |
12.65 |
11.30 |
9.54 |
1.42 |
Stockholders Equity Attributable to Noncontrolling Interest |
0.72 |
0.68 |
0.62 |
0.46 |
0.41 |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
11.42 |
12.65 |
11.30 |
9.54 |
1.42 |
Noncontrolling interests |
0.72 |
0.68 |
0.62 |
0.46 |
0.41 |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
10.70 |
11.98 |
10.68 |
9.08 |
1.00 |