INCOME STATEMENT (Quarterly GAAP In millions $) |
(Sep 30 2023) II. Quarter |
(Jun 30 2023) I. Quarter |
(Mar 31 2023) IV. Quarter |
(Dec 31 2022) III. Quarter |
(Sep 30 2022) II. Quarter |
Interest and Fee Income, Loans and Leases |
6.33 |
7.08 |
8.69 |
11.27 |
12.25 |
Other Income |
-6.07 |
-6.58 |
-5.33 |
-10.03 |
-11.27 |
Total Interest Income |
0.26 |
0.50 |
3.36 |
1.24 |
0.98 |
Total Interest Expense |
0.26 |
0.50 |
1.15 |
1.24 |
0.98 |
Net Interest Income |
- |
- |
- |
- |
- |
Provision
for loan losses |
12.41 |
0.65 |
17.38 |
10.73 |
8.91 |
Total Net Interest Income |
- |
- |
- |
- |
- |
Service Fees, Investment Banking, Brokerage and Other Transactions |
- |
- |
- |
- |
- |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
- |
- |
- |
- |
- |
Equity Securities Fv Ni Unrealized Gain |
- |
- |
-0.85 |
- |
0.85 |
Equity Securities Fv Ni Realized Gain |
- |
- |
- |
- |
- |
Equity Securities Fv Ni Unrealized Loss |
- |
- |
- |
- |
- |
Other Non-Interest Income |
- |
- |
-0.85 |
- |
-0.85 |
Total Noninterest Income |
- |
- |
0.85 |
- |
0.85 |
Total Revenues |
6.33 |
7.08 |
8.69 |
11.27 |
13.10 |
Salaries & employee benefits, SGA |
0.04 |
0.03 |
-5.08 |
0.18 |
0.33 |
Depriciation & Amortization |
0.02 |
0.02 |
0.40 |
0.10 |
0.12 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
- |
- |
- |
- |
- |
Professional Fees |
- |
- |
- |
- |
- |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
- |
- |
- |
- |
- |
Other loss/ -income |
16.90 |
5.33 |
37.46 |
21.37 |
16.79 |
Total Operating
Expenses |
16.96 |
5.38 |
63.36 |
21.64 |
17.23 |
Total Costs & Expenses |
16.96 |
5.38 |
24.48 |
21.64 |
17.23 |
Income /-loss before income taxes |
-10.63 |
1.70 |
-15.80 |
-10.37 |
-4.13 |
Income taxes expenses/-benefit |
-0.15 |
0.15 |
0.00 |
3.00 |
-0.96 |
Income after income taxes |
-10.49 |
1.56 |
-15.80 |
-13.37 |
-3.17 |
Net income/-loss
of other equity |
0.00 |
- |
- |
- |
0.00 |
Income /-loss after income taxes |
-10.49 |
1.56 |
-15.80 |
-13.37 |
-3.17 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
-10.49 |
1.56 |
-15.80 |
-13.37 |
-3.17 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
-10.49 |
1.56 |
-15.80 |
-13.37 |
-3.17 |