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 |
2.44 |
4.41 |
3.91 |
2.01 |
-34.96 |
Interest and Dividend Income, Securities |
3.89 |
4.01 |
4.00 |
3.93 |
3.07 |
Interest Income, Deposits with Financial Institutions |
1.74 |
0.58 |
0.83 |
1.49 |
2.76 |
Other Income |
27.86 |
25.41 |
23.08 |
22.36 |
58.85 |
Total Interest Income |
35.93 |
34.41 |
31.82 |
29.80 |
29.72 |
Interest Expense, Deposits |
8.68 |
7.14 |
6.11 |
4.58 |
2.25 |
Interest Expense, Long-term Debt and Capital Securities |
0.40 |
0.83 |
0.47 |
0.09 |
-0.11 |
Other Intrest Expenses |
0.12 |
0.10 |
0.09 |
0.09 |
0.29 |
Total Interest Expense |
9.20 |
8.06 |
6.68 |
4.76 |
2.43 |
Net Interest Income |
26.73 |
26.35 |
25.14 |
25.03 |
27.29 |
Provision
for loan losses |
0.89 |
1.19 |
1.41 |
0.36 |
1.89 |
Total Net Interest Income |
25.85 |
25.16 |
23.74 |
24.67 |
25.40 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
- |
- |
- |
- |
- |
Revenue From Contract With Customer Excluding Assessed Tax |
0.95 |
1.02 |
0.99 |
0.91 |
0.97 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Noninterest Income, Other Operating Income |
0.14 |
0.83 |
0.79 |
0.78 |
-1.90 |
Employee Benefit Plan Income |
- |
- |
- |
- |
- |
Electronic Banking Income |
- |
- |
- |
- |
- |
Revenue From Contract With Customer Excluding Assessed Tax |
- |
- |
- |
- |
- |
Revenue from Commercial Servicing Rights |
- |
- |
- |
- |
- |
Commercial Servicing Revenue |
0.55 |
- |
- |
- |
1.63 |
Dividend Income Equity Securities Operating |
0.22 |
0.20 |
0.18 |
0.17 |
0.18 |
Interest Income Debt Securities Available For Sale Operating |
- |
- |
- |
- |
- |
Dividendson Federal Home Loan Bank Stock |
- |
- |
- |
- |
- |
Equity Securities Fv Ni Gain Loss |
- |
- |
- |
- |
- |
Purchased Receivables Income |
- |
- |
- |
- |
- |
Dividends On Federal Home Loan Bank Stock |
0.09 |
0.04 |
0.04 |
0.04 |
0.04 |
Income Purchased Receivables |
1.31 |
1.18 |
1.02 |
0.98 |
0.47 |
Equity Securities Fv Ni Realized Gain Loss |
- |
- |
- |
- |
- |
Other Non-Interest Income |
3.22 |
4.73 |
3.97 |
2.04 |
5.39 |
Total Noninterest Income |
6.49 |
8.00 |
6.98 |
4.91 |
6.78 |
Total Revenues |
32.33 |
33.16 |
30.72 |
29.58 |
32.18 |
Salaries & employee benefits, SGA |
16.35 |
16.16 |
16.12 |
16.05 |
14.06 |
Depriciation & Amortization |
0.01 |
0.00 |
0.00 |
0.00 |
0.01 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
5.67 |
-1.86 |
-1.81 |
1.94 |
4.86 |
Professional Fees |
2.25 |
-0.80 |
-0.80 |
0.72 |
2.11 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
5.61 |
-1.63 |
-2.04 |
1.85 |
4.70 |
Other Real Estate Owned Expense Net Including Impairment |
- |
- |
- |
- |
0.50 |
Other Real Estate Owned Expense Income Net Rental Income And Gains On Sale |
0.02 |
0.78 |
0.01 |
0.03 |
-0.14 |
Other loss/ -income |
9.00 |
-3.23 |
-3.02 |
2.91 |
8.12 |
Total Operating
Expenses |
38.91 |
9.42 |
8.46 |
23.51 |
34.22 |
Total Costs & Expenses |
3.00 |
17.48 |
15.13 |
28.27 |
36.65 |
Income /-loss before income taxes |
8.34 |
10.27 |
6.93 |
6.07 |
9.95 |
Income taxes expenses/-benefit |
1.73 |
1.89 |
1.36 |
1.24 |
1.36 |
Income after income taxes |
6.61 |
8.37 |
5.58 |
4.83 |
8.60 |
Net income/-loss
of other equity |
0.00 |
- |
- |
- |
0.00 |
Income /-loss after income taxes |
6.61 |
8.37 |
5.58 |
4.83 |
8.60 |
Stockholders Equity Attributable to Noncontrolling Interest |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
6.61 |
8.37 |
5.58 |
4.83 |
8.60 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
6.61 |
8.37 |
5.58 |
4.83 |
8.60 |