INCOME STATEMENT (Quarterly GAAP In millions $) |
(Mar 31 2023) III. Quarter |
(Dec 31 2022) II. Quarter |
(Sep 30 2022) I. Quarter |
(Jun 30 2022) IV. Quarter |
(Mar 31 2022) III. Quarter |
Interest and Fee Income, Loans and Leases |
4.07 |
3.79 |
3.67 |
2.00 |
3.39 |
Interest and Dividend Income, Securities |
0.04 |
0.04 |
0.04 |
-0.88 |
0.09 |
Other Interest and Dividend Income |
0.08 |
0.03 |
0.02 |
-0.09 |
0.01 |
Other Income |
0.76 |
0.77 |
0.76 |
2.01 |
0.54 |
Total Interest Income |
4.95 |
4.63 |
4.48 |
3.04 |
4.03 |
Interest Expense, Deposits |
1.18 |
0.40 |
0.22 |
-0.91 |
0.23 |
Interest Expense, Other Short-term Borrowings |
0.37 |
0.25 |
0.07 |
0.03 |
0.02 |
Other Intrest Expenses |
0.04 |
- |
0.00 |
0.00 |
- |
Total Interest Expense |
1.56 |
0.65 |
0.28 |
-0.88 |
0.25 |
Net Interest Income |
3.39 |
3.98 |
4.20 |
3.92 |
3.78 |
Provision
for loan losses |
0.05 |
0.05 |
0.05 |
- |
- |
Total Net Interest Income |
3.34 |
3.93 |
4.15 |
3.92 |
3.78 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
- |
- |
- |
- |
- |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
0.01 |
0.00 |
0.00 |
-0.33 |
0.01 |
Gains Losses On Sales Of Foreclosed Real Estate |
- |
- |
- |
- |
- |
Loans And Leases Receivable Gain Loss On Sales Net |
0.05 |
- |
0.19 |
-0.20 |
0.07 |
Change In Loan Servicing Asset |
- |
- |
- |
- |
- |
Atm Debit Card Income |
0.12 |
0.12 |
0.11 |
-0.52 |
0.11 |
Debt And Equity Securities Realized Gain Loss |
- |
- |
-0.08 |
-0.27 |
- |
Service Charges On Deposit Accounts |
0.11 |
0.11 |
0.12 |
-0.44 |
0.10 |
Loss/ -Gain on Investment |
- |
0.00 |
0.01 |
0.08 |
0.03 |
Other Non-Interest Income |
0.07 |
0.07 |
0.06 |
0.37 |
0.10 |
Servicing Asset At Fair Value Other Changes In Fair Value |
-0.02 |
-0.02 |
0.00 |
-0.18 |
-0.04 |
Atm Debit Card Expense |
0.10 |
0.07 |
0.09 |
-0.39 |
0.09 |
Total Noninterest Income |
0.43 |
0.35 |
0.49 |
-0.10 |
0.46 |
Total Revenues |
3.78 |
4.28 |
4.64 |
3.82 |
4.25 |
Salaries & employee benefits, SGA |
1.77 |
1.72 |
1.64 |
1.67 |
1.73 |
Foreclosed Real Estate Expense |
- |
- |
- |
-0.15 |
- |
Communications, Occupancy and Information Technology |
0.46 |
0.48 |
0.48 |
-0.21 |
0.47 |
Professional Fees |
0.12 |
0.11 |
0.13 |
0.08 |
0.11 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
0.04 |
0.04 |
0.04 |
0.08 |
0.04 |
Other Noninterest Expense |
0.19 |
0.21 |
0.19 |
0.25 |
0.18 |
Other loss/ -income |
0.40 |
0.38 |
0.43 |
1.14 |
0.37 |
Total Operating
Expenses |
2.98 |
2.94 |
2.91 |
2.85 |
2.90 |
Total Costs & Expenses |
4.54 |
3.59 |
3.19 |
1.97 |
3.14 |
Income /-loss before income taxes |
0.80 |
1.34 |
1.74 |
0.98 |
1.35 |
Income taxes expenses/-benefit |
0.17 |
0.24 |
0.40 |
0.17 |
0.30 |
Income after income taxes |
0.63 |
1.10 |
1.34 |
0.81 |
1.04 |
Net income/-loss
of other equity |
- |
- |
- |
0.00 |
- |
Income /-loss after income taxes |
0.63 |
1.10 |
1.34 |
0.81 |
1.04 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
0.63 |
1.10 |
1.34 |
0.81 |
1.04 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
0.63 |
1.10 |
1.34 |
0.81 |
1.04 |