INCOME STATEMENT (Quarterly GAAP In millions $) |
(Dec 31 2022) IV. Quarter |
(Sep 30 2022) III. Quarter |
(Jun 30 2022) II. Quarter |
(Mar 31 2022) I. Quarter |
(Dec 31 2021) IV. Quarter |
Interest and Fee Income, Loans and Leases |
8.76 |
8.22 |
7.83 |
7.88 |
9.00 |
Interest and Dividend Income, Securities |
0.77 |
0.81 |
0.81 |
0.56 |
0.48 |
Interest Income, Federal Funds Sold |
0.02 |
0.00 |
0.00 |
- |
0.03 |
Interest Income, Deposits with Financial Institutions |
0.24 |
0.36 |
0.16 |
0.04 |
0.00 |
Other Income |
0.10 |
0.00 |
- |
- |
- |
Total Interest Income |
9.89 |
9.40 |
8.80 |
8.48 |
9.52 |
Interest Expense, Deposits |
0.51 |
0.37 |
0.41 |
0.45 |
0.49 |
Interest Expense, Borrowings |
0.05 |
0.06 |
0.04 |
0.05 |
0.02 |
Total Interest Expense |
0.56 |
0.43 |
0.45 |
0.49 |
0.51 |
Net Interest Income |
9.34 |
8.97 |
8.35 |
7.98 |
9.01 |
Provision
for loan losses |
0.10 |
0.15 |
0.22 |
0.14 |
0.15 |
Total Net Interest Income |
9.23 |
8.82 |
8.13 |
7.85 |
8.86 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
- |
- |
- |
- |
- |
Revenue From Contract With Customer Including Assessed Tax |
0.50 |
0.49 |
0.48 |
0.44 |
0.47 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
-0.20 |
0.04 |
0.00 |
0.22 |
0.38 |
Allowance For Provision For Reduction Of Loan And Lease Losses |
- |
- |
- |
- |
- |
Debt Securities Available For Sale Realized Gain Loss |
-0.01 |
- |
- |
- |
- |
Life Insurance Corporate Or Bank Owned Change In Value |
0.12 |
0.14 |
0.14 |
0.13 |
- |
Other Non-Interest Income |
0.91 |
0.69 |
0.67 |
0.60 |
0.58 |
Telephone Expense |
0.11 |
0.11 |
0.13 |
0.13 |
0.09 |
Federal Deposit Insurance Corporation Premium Expense Discount |
0.09 |
0.11 |
0.11 |
0.11 |
0.20 |
Total Noninterest Income |
1.52 |
1.57 |
1.53 |
1.64 |
1.73 |
Total Revenues |
10.75 |
10.39 |
9.67 |
9.48 |
10.59 |
Salaries & employee benefits, SGA |
3.35 |
4.00 |
4.13 |
3.85 |
4.22 |
Depriciation & Amortization |
0.11 |
0.11 |
0.13 |
0.13 |
0.13 |
Foreclosed Real Estate Expense |
- |
- |
- |
- |
- |
Information Technology and Data Processing |
0.63 |
0.41 |
0.43 |
0.51 |
0.59 |
Professional Fees and Commission |
0.05 |
0.14 |
0.26 |
0.23 |
0.35 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Supplies Expense |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
0.85 |
0.66 |
0.62 |
0.56 |
0.78 |
Occupancy And Equipment Expense |
1.19 |
1.14 |
1.07 |
1.01 |
0.92 |
Other loss/ -income |
1.00 |
0.44 |
0.24 |
0.25 |
0.29 |
Total Operating
Expenses |
7.18 |
6.90 |
6.88 |
6.54 |
7.28 |
Total Costs & Expenses |
7.74 |
7.33 |
7.33 |
7.03 |
7.79 |
Income /-loss before income taxes |
3.57 |
3.49 |
2.79 |
2.95 |
3.30 |
Income taxes expenses/-benefit |
0.72 |
0.70 |
0.56 |
0.54 |
0.67 |
Income after income taxes |
2.85 |
2.79 |
2.24 |
2.41 |
2.63 |
Net income/-loss
of other equity |
- |
- |
0.00 |
0.00 |
0.00 |
Income /-loss after income taxes |
2.85 |
2.79 |
2.24 |
2.41 |
2.63 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
2.85 |
2.79 |
2.24 |
2.41 |
2.63 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
2.85 |
2.79 |
2.24 |
2.41 |
2.63 |