INCOME STATEMENT (Quarterly GAAP In millions $) |
(Sep 30 2018) III. Quarter |
(Jun 30 2018) II. Quarter |
(Mar 31 2018) I. Quarter |
(Dec 31 2017) IV. Quarter |
(Sep 30 2017) III. Quarter |
Interest and Fee Income, Loans and Leases |
4.23 |
4.16 |
4.21 |
4.01 |
4.35 |
Interest and Dividend Income, Securities |
0.42 |
0.40 |
0.37 |
0.39 |
0.37 |
Interest Income, Federal Funds Sold |
0.16 |
0.14 |
0.12 |
0.12 |
0.11 |
Other Income |
-0.13 |
-0.05 |
-0.07 |
0.22 |
-0.06 |
Total Interest Income |
4.68 |
4.64 |
4.63 |
4.73 |
4.78 |
Interest Expense, Deposits |
0.71 |
0.69 |
0.65 |
0.65 |
0.63 |
Interest Expense, Long-term Debt |
0.10 |
0.10 |
0.09 |
0.11 |
0.11 |
Total Interest Expense |
0.81 |
0.79 |
0.74 |
0.76 |
0.74 |
Net Interest Income |
3.86 |
3.85 |
3.89 |
3.97 |
4.04 |
Provision
for loan losses |
0.17 |
0.67 |
0.50 |
1.87 |
0.95 |
Total Net Interest Income |
3.70 |
3.18 |
3.39 |
2.10 |
3.09 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
0.55 |
0.55 |
0.50 |
0.79 |
0.51 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
0.08 |
0.05 |
0.04 |
0.04 |
0.05 |
Income From Death Benefit |
- |
- |
- |
- |
- |
Insurance Recoveries Of Fictitious Loans |
- |
- |
- |
- |
- |
Insurance Claims Paid |
- |
- |
- |
- |
- |
Fictitious Loan Recovery |
- |
0.85 |
- |
- |
- |
Gain (Loss) on Disposition of Assets and Other Investments |
- |
0.00 |
0.00 |
0.00 |
- |
Loss/ -Gain on Investment |
0.02 |
0.05 |
0.01 |
0.01 |
0.09 |
Other Non-Interest Income |
0.13 |
0.05 |
0.08 |
-0.22 |
0.06 |
Total Noninterest Income |
0.78 |
1.54 |
0.63 |
0.63 |
0.70 |
Total Revenues |
4.48 |
4.72 |
4.02 |
2.73 |
3.80 |
Salaries & employee benefits, SGA |
1.82 |
1.86 |
1.97 |
2.01 |
1.79 |
Depriciation & Amortization |
0.08 |
0.09 |
0.08 |
0.08 |
0.09 |
Foreclosed Real Estate Expense |
- |
0.03 |
-0.01 |
0.50 |
0.07 |
Communications, Occupancy and Information Technology |
1.18 |
1.17 |
1.10 |
1.26 |
1.16 |
Professional Fees and Commission |
1.03 |
0.28 |
0.24 |
0.22 |
0.44 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
0.03 |
0.03 |
0.03 |
0.03 |
0.03 |
Other Noninterest Expense |
0.24 |
0.36 |
0.24 |
0.30 |
0.30 |
Impairment On Financing Receivable Net Of Tax |
- |
- |
- |
0.48 |
- |
Other loss/ -income |
-0.46 |
0.06 |
0.10 |
1.80 |
- |
Total Operating
Expenses |
3.93 |
3.87 |
3.76 |
6.68 |
3.86 |
Total Costs & Expenses |
4.74 |
4.66 |
4.49 |
7.43 |
4.61 |
Income /-loss before income taxes |
0.55 |
0.85 |
0.26 |
-3.95 |
-0.07 |
Income taxes expenses/-benefit |
0.26 |
0.15 |
0.03 |
-0.27 |
-0.05 |
Income after income taxes |
0.29 |
0.70 |
0.23 |
-3.68 |
-0.02 |
Net income/-loss
of other equity |
0.00 |
- |
- |
0.00 |
0.00 |
Income /-loss after income taxes |
0.29 |
0.70 |
0.23 |
-3.68 |
-0.02 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Item, Gain (Loss), Gross |
- |
- |
- |
- |
- |
Net Income/-loss |
0.29 |
0.70 |
0.23 |
-3.68 |
-0.02 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
0.29 |
0.70 |
0.23 |
-3.68 |
-0.02 |