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 |
2.59 |
2.40 |
2.41 |
2.39 |
2.33 |
Interest and Dividend Income, Securities |
0.08 |
0.07 |
0.07 |
0.07 |
0.06 |
Other Interest and Dividend Income |
0.10 |
0.09 |
0.08 |
0.07 |
0.07 |
Total Interest Income |
2.77 |
2.56 |
2.57 |
2.53 |
2.46 |
Interest Expense, Deposits |
0.52 |
0.43 |
0.39 |
0.39 |
0.39 |
Interest Expense, Borrowings |
0.16 |
0.15 |
0.15 |
0.16 |
0.12 |
Total Interest Expense |
0.11 |
0.12 |
0.13 |
0.11 |
0.12 |
Total Interest Expense |
0.67 |
0.57 |
0.54 |
0.55 |
0.50 |
Net Interest Income |
2.09 |
1.99 |
2.03 |
1.98 |
1.95 |
Provision
for loan losses |
0.05 |
0.02 |
0.03 |
0.05 |
0.05 |
Total Net Interest Income |
2.05 |
1.98 |
2.00 |
1.93 |
1.91 |
Fees and Commissions, Depositor Accounts |
- |
- |
0.03 |
0.03 |
0.03 |
Revenue From Contract With Customer Including Assessed Tax |
0.03 |
0.04 |
- |
- |
- |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Noninterest Income, Other Operating Income |
0.02 |
0.03 |
0.04 |
0.03 |
0.03 |
Loss/ -Gain on Investment |
0.06 |
0.06 |
0.00 |
-0.15 |
0.07 |
Other Non-Interest Income |
-0.46 |
0.00 |
0.06 |
0.19 |
- |
Write Down Of Securities |
- |
- |
- |
-0.01 |
- |
Merger Related Expenses |
0.46 |
- |
- |
- |
- |
Total Noninterest Income |
0.11 |
0.12 |
0.13 |
0.09 |
0.13 |
Total Revenues |
2.16 |
2.10 |
2.13 |
2.02 |
2.04 |
Salaries & employee benefits, SGA |
0.98 |
0.98 |
0.98 |
0.93 |
0.92 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
0.14 |
0.15 |
0.15 |
0.14 |
0.13 |
Professional Fees |
0.09 |
0.09 |
0.09 |
0.09 |
0.09 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Supplies Expense |
0.02 |
0.02 |
0.02 |
0.02 |
0.02 |
Federal Deposit Insurance Corporation Premium Expense |
0.02 |
0.04 |
0.04 |
0.03 |
0.04 |
Other Noninterest Expense |
0.04 |
0.06 |
0.05 |
0.06 |
0.05 |
Other loss/ -income |
0.61 |
0.17 |
0.17 |
0.15 |
0.16 |
Total Operating
Expenses |
1.89 |
1.51 |
1.49 |
1.42 |
1.41 |
Total Costs & Expenses |
2.57 |
2.08 |
2.03 |
1.97 |
1.91 |
Income /-loss before income taxes |
0.26 |
0.59 |
0.64 |
0.60 |
0.63 |
Income taxes expenses/-benefit |
0.21 |
0.17 |
0.18 |
0.49 |
0.26 |
Income after income taxes |
0.05 |
0.42 |
0.46 |
0.12 |
0.37 |
Net income/-loss
of other equity |
0.00 |
0.00 |
- |
- |
- |
Income /-loss after income taxes |
0.05 |
0.42 |
0.46 |
0.12 |
0.37 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
0.05 |
0.42 |
0.46 |
0.12 |
0.37 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
0.05 |
0.42 |
0.46 |
0.12 |
0.37 |