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 |
14.27 |
13.39 |
12.65 |
11.83 |
11.64 |
Interest and Dividend Income, Securities, Operating |
3.81 |
3.87 |
3.73 |
-3.30 |
2.55 |
Other Interest and Dividend Income |
0.96 |
0.97 |
1.37 |
2.33 |
1.77 |
Other Income |
0.00 |
0.00 |
0.04 |
6.87 |
0.05 |
Total Interest Income |
19.04 |
18.22 |
17.79 |
17.72 |
16.01 |
Interest Expense, Deposits |
1.18 |
0.86 |
0.47 |
0.26 |
0.18 |
Interest Expense, Junior Subordinated Debentures |
- |
- |
0.14 |
0.09 |
0.09 |
Interest Expense, Other |
0.12 |
0.12 |
0.03 |
0.02 |
0.02 |
Total Interest Expense |
1.30 |
0.98 |
0.64 |
0.37 |
0.29 |
Net Interest Income |
17.74 |
17.24 |
17.15 |
17.35 |
15.72 |
Provision
for loan losses |
-0.20 |
1.35 |
1.53 |
0.30 |
0.30 |
Total Net Interest Income |
17.94 |
15.89 |
15.62 |
17.05 |
15.42 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
- |
- |
- |
- |
- |
Revenue From Contract With Customer Including Assessed Tax |
0.74 |
0.69 |
0.62 |
0.63 |
0.67 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Noninterest Income, Other |
0.64 |
0.64 |
0.65 |
-0.66 |
0.67 |
Sale Of Merchant Processing Portfolio |
- |
- |
- |
- |
- |
Gain Loss On Sale Of Investments |
- |
- |
- |
- |
- |
Gain Loss On Sale Of Loans And Leases |
0.01 |
-0.01 |
0.23 |
0.36 |
- |
Revenue From Contract With Customer Including Assessed Tax |
- |
- |
- |
- |
- |
Interchange Revenue |
0.92 |
0.82 |
0.72 |
1.79 |
- |
Other Non-Interest Income |
- |
- |
1.71 |
0.07 |
1.22 |
Total Noninterest Income |
2.31 |
2.14 |
3.93 |
2.18 |
2.55 |
Total Revenues |
20.25 |
18.03 |
19.55 |
19.23 |
17.97 |
Salaries & employee benefits, SGA |
5.11 |
4.87 |
5.07 |
4.75 |
4.38 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
- |
- |
- |
- |
- |
Professional Fees and Commission |
- |
- |
- |
- |
- |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
2.98 |
2.98 |
2.82 |
2.79 |
2.60 |
Occupancy And Equipment |
1.35 |
1.25 |
1.34 |
1.14 |
1.22 |
Total Operating
Expenses |
9.44 |
9.10 |
9.22 |
8.69 |
8.20 |
Total Costs & Expenses |
10.75 |
10.08 |
9.86 |
9.06 |
8.49 |
Income /-loss before income taxes |
10.81 |
8.93 |
10.33 |
10.55 |
9.77 |
Income taxes expenses/-benefit |
2.84 |
2.27 |
2.70 |
2.73 |
2.54 |
Income after income taxes |
7.97 |
6.66 |
7.63 |
7.82 |
7.23 |
Net income/-loss
of other equity |
0.00 |
0.00 |
0.00 |
- |
- |
Income /-loss after income taxes |
7.97 |
6.66 |
7.63 |
7.82 |
7.23 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
7.97 |
6.66 |
7.63 |
7.82 |
7.23 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
7.97 |
6.66 |
7.63 |
7.82 |
7.23 |