INCOME STATEMENT (Quarterly GAAP In millions $) |
(Mar 31 2020) I. Quarter |
(Dec 31 2019) IV. Quarter |
(Sep 30 2019) III. Quarter |
(Jun 30 2019) II. Quarter |
(Mar 31 2019) I. Quarter |
Interest and Fee Income, Loans and Leases |
2.91 |
2.95 |
2.88 |
2.85 |
2.86 |
Interest and Dividend Income, Securities |
0.16 |
0.17 |
0.17 |
0.17 |
0.18 |
Interest Income, Domestic Deposits |
0.04 |
0.07 |
0.08 |
0.05 |
0.05 |
Other Income |
0.01 |
0.01 |
0.01 |
0.01 |
0.01 |
Total Interest Income |
3.12 |
3.20 |
3.14 |
3.09 |
3.09 |
Interest Expense, Deposits |
0.73 |
0.77 |
0.77 |
0.67 |
0.61 |
Interest Expense, Borrowings |
0.06 |
0.07 |
0.07 |
0.07 |
0.07 |
Other Intrest Expenses |
0.00 |
- |
- |
0.00 |
0.00 |
Total Interest Expense |
0.79 |
0.84 |
0.84 |
0.74 |
0.68 |
Net Interest Income |
2.33 |
2.37 |
2.29 |
2.35 |
2.41 |
Provision
for loan losses |
0.45 |
0.19 |
0.11 |
0.17 |
0.13 |
Total Net Interest Income |
1.88 |
2.18 |
2.19 |
2.18 |
2.28 |
Bank Servicing Fees |
- |
- |
- |
- |
- |
Revenue From Contract With Customer Including Assessed Tax |
0.11 |
0.10 |
0.13 |
0.13 |
0.12 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Bank Owned Life Insurance Income |
0.01 |
-0.03 |
0.01 |
0.04 |
0.03 |
Origination Of Mortgage Servicing Rights Net Of Amortization |
- |
- |
- |
- |
- |
Gain On Sale Of Repossessed Assets |
- |
- |
- |
- |
- |
Gain On Sale Of O R E O |
0.11 |
- |
0.29 |
- |
- |
Loss/ -Gain on Investment |
0.11 |
0.15 |
0.38 |
0.18 |
0.09 |
Other Non-Interest Income |
0.03 |
0.37 |
0.04 |
0.20 |
0.14 |
Loss On Sale Of Reposessed Assets |
- |
0.00 |
- |
- |
0.00 |
Total Noninterest Income |
0.39 |
0.59 |
0.96 |
0.54 |
0.38 |
Total Revenues |
2.26 |
2.77 |
3.15 |
2.72 |
2.66 |
Salaries & employee benefits, SGA |
1.26 |
1.05 |
1.39 |
1.19 |
1.10 |
Foreclosed Real Estate Expense |
0.00 |
0.00 |
0.02 |
0.01 |
0.01 |
Communications, Occupancy and Information Technology |
0.40 |
0.34 |
0.36 |
0.31 |
0.36 |
Professional Fees and Commission |
0.15 |
0.07 |
0.15 |
0.15 |
0.14 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
0.00 |
0.01 |
0.02 |
Other Noninterest Expense |
0.21 |
0.35 |
0.30 |
0.32 |
0.28 |
Other loss/ -income |
0.13 |
0.18 |
0.20 |
0.17 |
0.17 |
Total Operating
Expenses |
2.16 |
1.99 |
2.43 |
2.15 |
2.07 |
Total Costs & Expenses |
2.95 |
2.83 |
3.27 |
2.89 |
2.75 |
Income /-loss before income taxes |
0.10 |
0.78 |
0.72 |
0.57 |
0.59 |
Income taxes expenses/-benefit |
0.02 |
0.22 |
0.18 |
0.13 |
0.19 |
Income after income taxes |
0.09 |
0.56 |
0.54 |
0.43 |
0.40 |
Net income/-loss
of other equity |
0.00 |
0.00 |
- |
0.00 |
- |
Income /-loss after income taxes |
0.09 |
0.56 |
0.54 |
0.43 |
0.40 |
Temporary Equity, Carrying Amount, Attributable to Parent TE |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
0.09 |
0.56 |
0.54 |
0.43 |
0.40 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
0.09 |
0.56 |
0.54 |
0.43 |
0.40 |