INCOME STATEMENT (Quarterly GAAP In millions $) |
(Sep 30 2017) III. Quarter |
(Jun 30 2017) II. Quarter |
(Mar 31 2017) I. Quarter |
(Dec 31 2016) IV. Quarter |
(Sep 30 2016) III. Quarter |
Interest and Fee Income, Loans and Leases Held-in-portfolio |
23.92 |
23.95 |
23.42 |
24.29 |
20.15 |
Interest and Dividend Income, Securities |
2.75 |
2.79 |
2.79 |
2.70 |
2.48 |
Interest Income, Deposits with Financial Institutions |
0.15 |
0.10 |
0.09 |
-0.10 |
0.04 |
Other Income |
- |
- |
- |
0.15 |
- |
Total Interest Income |
26.81 |
26.84 |
26.30 |
27.04 |
22.66 |
Interest Expense, Deposits |
1.22 |
1.18 |
1.20 |
1.17 |
0.98 |
Interest Expense, Federal Funds Purchased |
- |
- |
0.00 |
0.00 |
0.00 |
Interest Expense, Long-term Debt and Capital Securities |
0.70 |
0.67 |
0.67 |
0.69 |
0.62 |
Interest Expense, Borrowings |
0.40 |
0.55 |
0.26 |
0.20 |
0.29 |
Total Interest Expense |
2.31 |
2.40 |
2.12 |
2.06 |
1.89 |
Net Interest Income |
24.50 |
24.43 |
24.18 |
24.98 |
20.77 |
Provision
for loan losses |
0.35 |
2.48 |
0.90 |
1.88 |
1.38 |
Total Net Interest Income |
24.15 |
21.96 |
23.28 |
23.11 |
19.39 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
1.02 |
1.07 |
0.99 |
1.09 |
1.03 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
0.87 |
1.44 |
1.16 |
1.19 |
0.89 |
Federal Funds Sold And Interest Bearing Deposits With Banks |
- |
- |
- |
- |
- |
Loss/ -Gain on Investment |
-0.01 |
- |
0.00 |
0.07 |
0.00 |
Other Non-Interest Income |
- |
- |
- |
0.00 |
- |
Total Noninterest Income |
1.89 |
2.51 |
2.15 |
2.34 |
1.92 |
Total Revenues |
26.04 |
24.47 |
25.43 |
25.45 |
21.31 |
Salaries & employee benefits, SGA |
7.87 |
9.33 |
9.93 |
9.35 |
7.98 |
Restructuring, Accretion & impairment charges |
0.18 |
0.32 |
0.93 |
-8.68 |
1.77 |
Foreclosed Real Estate Expense |
- |
- |
- |
0.01 |
- |
Information Technology and Data Processing |
1.06 |
1.05 |
1.02 |
6.39 |
0.92 |
Professional Fees |
0.58 |
0.53 |
0.68 |
5.62 |
0.57 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
0.30 |
0.34 |
0.35 |
1.94 |
0.27 |
Other Noninterest Expense |
1.45 |
1.29 |
1.11 |
8.16 |
1.04 |
Other Real Estate Income Expense |
- |
- |
- |
-0.04 |
- |
Other loss/ -income |
1.37 |
1.13 |
1.45 |
8.10 |
1.27 |
Total Operating
Expenses |
12.81 |
13.99 |
15.46 |
30.31 |
13.83 |
Total Costs & Expenses |
15.12 |
16.40 |
17.58 |
-37.13 |
15.72 |
Income /-loss before income taxes |
13.23 |
10.47 |
9.97 |
9.62 |
7.49 |
Income taxes expenses/-benefit |
4.61 |
3.35 |
3.42 |
2.76 |
2.63 |
Income after income taxes |
8.63 |
7.13 |
6.55 |
6.86 |
4.85 |
Net income/-loss
of other equity |
- |
0.00 |
0.00 |
0.00 |
0.00 |
Income /-loss after income taxes |
8.63 |
7.13 |
6.55 |
6.86 |
4.85 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
8.63 |
7.13 |
6.55 |
6.86 |
4.85 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
8.63 |
7.13 |
6.55 |
6.86 |
4.85 |