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 |
110.40 |
109.02 |
91.85 |
71.76 |
66.43 |
Interest and Dividend Income, Securities |
1.07 |
1.13 |
1.13 |
1.00 |
-11.98 |
Other Interest and Dividend Income |
0.90 |
0.80 |
0.67 |
0.39 |
0.40 |
Other Income |
12.87 |
12.64 |
12.77 |
11.00 |
21.34 |
Total Interest Income |
125.24 |
123.59 |
106.42 |
84.15 |
76.20 |
Interest Expense, Deposits |
29.60 |
22.48 |
14.40 |
5.66 |
2.79 |
Interest Expense, Short-term Borrowings |
4.78 |
5.17 |
5.31 |
4.46 |
-0.37 |
Other Intrest Expenses |
2.49 |
2.67 |
1.85 |
1.15 |
3.17 |
Total Interest Expense |
36.88 |
30.32 |
21.56 |
11.27 |
5.59 |
Net Interest Income |
88.37 |
93.27 |
84.85 |
72.88 |
70.61 |
Provision
for loan losses |
1.29 |
4.05 |
7.98 |
1.85 |
2.30 |
Total Net Interest Income |
87.08 |
89.22 |
76.87 |
71.03 |
68.31 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
3.72 |
3.94 |
2.34 |
5.18 |
2.64 |
Revenue From Contract With Customer Including Assessed Tax |
6.84 |
6.47 |
6.47 |
5.44 |
5.16 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
1.92 |
2.45 |
1.06 |
0.67 |
-2.89 |
Electronic Banking Income |
- |
- |
- |
- |
- |
Impaired Assets To Be Disposed Of By Method Other Than Sale Amount Of Impairment Loss |
- |
- |
- |
- |
- |
Debt And Equity Securities Gain Loss |
-1.59 |
-0.01 |
-0.17 |
-1.94 |
-0.17 |
Lease Income |
2.76 |
- |
1.72 |
1.08 |
4.27 |
Lease Income Expense |
0.07 |
-0.07 |
- |
- |
- |
Other Non-Interest Income |
8.44 |
8.58 |
7.77 |
7.14 |
8.92 |
Electronic Banking Expense |
1.99 |
1.84 |
1.83 |
1.49 |
1.10 |
Total Noninterest Income |
24.13 |
23.20 |
21.02 |
19.06 |
19.03 |
Total Revenues |
111.22 |
112.43 |
97.89 |
90.09 |
87.35 |
Salaries & employee benefits, SGA |
2.33 |
2.04 |
2.23 |
1.96 |
54.03 |
Depriciation & Amortization |
3.27 |
3.28 |
2.80 |
1.87 |
2.00 |
Foreclosed Real Estate Expense |
0.73 |
0.86 |
0.54 |
0.74 |
-1.79 |
Communications, Occupancy and Information Technology |
11.56 |
11.79 |
10.11 |
9.52 |
8.59 |
Professional Fees |
3.27 |
3.46 |
7.44 |
2.88 |
3.31 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
1.26 |
1.26 |
1.46 |
0.80 |
0.78 |
Other Noninterest Expense |
5.17 |
9.82 |
5.47 |
4.57 |
4.72 |
Other Loan Expenses |
- |
- |
- |
- |
2.74 |
Other loss/ -income |
40.11 |
39.20 |
40.58 |
34.13 |
-25.00 |
Total Operating
Expenses |
67.69 |
71.70 |
70.62 |
56.48 |
53.37 |
Total Costs & Expenses |
104.56 |
102.02 |
92.19 |
67.75 |
58.96 |
Income /-loss before income taxes |
43.53 |
40.73 |
27.26 |
33.61 |
33.98 |
Income taxes expenses/-benefit |
9.70 |
8.85 |
6.17 |
7.05 |
7.13 |
Income after income taxes |
33.83 |
31.88 |
21.10 |
26.56 |
26.85 |
Net income/-loss
of other equity |
- |
0.00 |
- |
0.00 |
0.00 |
Income /-loss after income taxes |
33.83 |
31.88 |
21.10 |
26.56 |
26.85 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
33.83 |
31.88 |
21.10 |
26.56 |
26.85 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
33.83 |
31.88 |
21.10 |
26.56 |
26.85 |