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 |
148.78 |
142.14 |
135.52 |
128.31 |
125.00 |
Interest and Dividend Income, Securities, Operating |
10.29 |
11.01 |
11.88 |
10.60 |
10.85 |
Other Income |
17.14 |
12.56 |
10.59 |
10.07 |
9.87 |
Total Interest Income |
176.20 |
165.71 |
157.99 |
148.99 |
145.73 |
Interest Expense, Deposits |
26.73 |
20.82 |
15.92 |
12.50 |
10.27 |
Interest Expense, Securities Sold under Agreements to Repurchase |
2.58 |
0.73 |
- |
- |
0.56 |
Interest Expense, Subordinated Notes and Debentures |
- |
- |
- |
- |
-0.38 |
Other Intrest Expenses |
3.35 |
2.37 |
2.43 |
0.59 |
- |
Total Interest Expense |
32.66 |
23.92 |
18.34 |
13.09 |
10.45 |
Net Interest Income |
143.54 |
141.79 |
139.64 |
135.90 |
135.28 |
Provision
for loan losses |
19.72 |
16.43 |
15.04 |
9.45 |
8.76 |
Total Net Interest Income |
123.82 |
125.36 |
124.60 |
126.45 |
126.53 |
Fees and Commissions, Mortgage Banking and Servicing |
4.25 |
5.41 |
5.23 |
3.90 |
6.45 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Noninterest Income, Other |
6.65 |
0.30 |
0.36 |
0.37 |
0.45 |
Early Extinguishment Of Repurchase Agreements |
- |
- |
- |
- |
- |
Early Extinguishment Ofdebt |
- |
- |
- |
- |
- |
Derivative Loss On Derivative |
- |
- |
- |
- |
- |
Loans Not Covered Under Shared Loss Agreements With Fdic |
- |
- |
- |
- |
- |
Loans Covered Under Shared Loss Agreements With Fdic |
- |
- |
- |
- |
- |
Interest Income From Loans |
- |
- |
- |
- |
- |
Asset Management Fees |
- |
- |
- |
- |
- |
Fees And Commissions Mortgage Banking And Servicing Income |
- |
- |
- |
- |
- |
Total Banking Service Revenues |
- |
- |
- |
- |
- |
Wealth Management Revenue |
- |
- |
- |
- |
- |
Total Banking And Financial Service Revenues |
- |
- |
- |
- |
- |
Extinguishment of Debt |
- |
- |
- |
- |
0.04 |
Other Non-Interest Income |
27.81 |
24.99 |
24.49 |
24.63 |
26.31 |
Total Noninterest Income |
38.71 |
30.70 |
30.07 |
28.90 |
33.25 |
Total Revenues |
162.53 |
156.06 |
154.67 |
155.35 |
159.78 |
Salaries & employee benefits, SGA |
44.44 |
41.50 |
41.11 |
41.75 |
37.31 |
Foreclosed Real Estate Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
22.18 |
21.99 |
21.55 |
20.68 |
17.93 |
Professional Fees |
3.57 |
4.81 |
5.32 |
5.06 |
5.62 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Supplies and Postage Expense |
0.82 |
0.92 |
0.87 |
0.73 |
0.81 |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
3.29 |
2.63 |
3.81 |
2.37 |
6.29 |
Electronic Banking Charges |
10.08 |
10.66 |
10.26 |
10.34 |
10.08 |
Loan Servicing And Cleaning Expenses |
1.93 |
1.72 |
1.87 |
2.27 |
2.85 |
Other loss/ -income |
7.79 |
5.92 |
4.11 |
7.03 |
10.74 |
Total Operating
Expenses |
94.10 |
90.16 |
88.89 |
90.22 |
91.64 |
Total Costs & Expenses |
126.76 |
114.08 |
107.23 |
103.31 |
102.09 |
Income /-loss before income taxes |
68.43 |
65.90 |
65.79 |
65.13 |
68.14 |
Income taxes expenses/-benefit |
21.84 |
21.03 |
21.61 |
18.90 |
21.77 |
Income after income taxes |
46.60 |
44.87 |
44.17 |
46.23 |
46.37 |
Net income/-loss
of other equity |
- |
- |
- |
- |
0.00 |
Income /-loss after income taxes |
46.60 |
44.87 |
44.17 |
46.23 |
46.37 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
46.60 |
44.87 |
44.17 |
46.23 |
46.37 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
46.60 |
44.87 |
44.17 |
46.23 |
46.37 |