INCOME STATEMENT (Quarterly GAAP In millions $) |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
(Sep 30 2022) III. Quarter |
Interest and Fee Income, Loans and Leases |
11.49 |
10.95 |
10.47 |
10.40 |
9.96 |
Interest and Dividend Income, Securities, Operating |
5.16 |
5.16 |
5.13 |
4.95 |
4.19 |
Interest Income, Federal Funds Sold |
0.34 |
0.29 |
0.29 |
0.27 |
0.09 |
Interest Income, Deposits with Financial Institutions |
3.37 |
3.71 |
4.11 |
3.84 |
2.83 |
Total Interest Income |
20.35 |
20.10 |
20.00 |
19.45 |
17.06 |
Interest Expense, Deposits |
1.41 |
0.70 |
0.45 |
0.34 |
0.29 |
Interest Expense, Federal Funds Purchased |
- |
- |
0.00 |
- |
- |
Total Interest Expense |
1.41 |
0.70 |
0.45 |
0.34 |
0.29 |
Net Interest Income |
18.94 |
19.41 |
19.54 |
19.11 |
16.77 |
Provision
for loan losses |
0.30 |
- |
-0.46 |
-1.55 |
0.20 |
Total Net Interest Income |
18.64 |
19.41 |
20.00 |
20.66 |
16.57 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
- |
- |
- |
- |
- |
Revenue From Contract With Customer Including Assessed Tax |
0.49 |
0.46 |
0.42 |
0.40 |
0.41 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
0.40 |
0.54 |
0.49 |
0.03 |
0.56 |
Debt Securities Available For Sale Realized Gain Loss |
- |
- |
0.14 |
- |
- |
Debt Securities Availableforsale Gain Loss From Calls |
0.01 |
- |
- |
- |
- |
Other Non-Interest Income |
0.66 |
0.65 |
0.60 |
0.99 |
0.65 |
Total Noninterest Income |
1.57 |
1.66 |
1.66 |
1.42 |
1.61 |
Total Revenues |
20.20 |
21.06 |
21.66 |
22.08 |
18.18 |
Salaries & employee benefits, SGA |
6.51 |
6.34 |
6.44 |
5.96 |
5.75 |
Foreclosed Real Estate Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
1.15 |
1.13 |
1.19 |
-0.10 |
1.06 |
Professional Fees and Commission |
- |
- |
- |
- |
- |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
0.31 |
0.22 |
0.20 |
0.19 |
0.22 |
Other Noninterest Expense |
1.83 |
1.76 |
1.32 |
1.81 |
1.75 |
Other loss/ -income |
0.79 |
0.62 |
0.61 |
1.75 |
0.59 |
Total Operating
Expenses |
10.58 |
10.06 |
9.76 |
9.61 |
9.37 |
Total Costs & Expenses |
11.99 |
10.76 |
10.21 |
9.95 |
9.66 |
Income /-loss before income taxes |
9.63 |
11.00 |
11.90 |
12.47 |
8.81 |
Income taxes expenses/-benefit |
2.27 |
2.60 |
2.68 |
3.00 |
2.01 |
Income after income taxes |
7.35 |
8.40 |
9.23 |
9.48 |
6.80 |
Net income/-loss
of other equity |
0.00 |
- |
- |
0.00 |
0.00 |
Income /-loss after income taxes |
7.35 |
8.40 |
9.23 |
9.48 |
6.80 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
7.35 |
8.40 |
9.23 |
9.48 |
6.80 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
7.35 |
8.40 |
9.23 |
9.48 |
6.80 |