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 |
13.94 |
14.05 |
12.55 |
12.87 |
11.25 |
Interest and Dividend Income, Securities |
0.64 |
0.69 |
0.68 |
0.54 |
0.56 |
Interest Income, Other Domestic Deposits |
0.38 |
0.40 |
0.28 |
0.27 |
0.14 |
Other Income |
0.11 |
0.17 |
0.14 |
0.29 |
0.10 |
Total Interest Income |
15.07 |
15.31 |
13.65 |
13.97 |
12.04 |
Interest Expense, Deposits |
6.22 |
5.25 |
3.58 |
2.64 |
1.49 |
Interest Expense, Long-term Debt and Capital Securities |
0.41 |
0.33 |
0.33 |
-1.18 |
0.28 |
Other Intrest Expenses |
1.33 |
1.34 |
1.16 |
2.93 |
0.30 |
Total Interest Expense |
8.55 |
7.60 |
5.63 |
4.40 |
2.80 |
Net Interest Income |
6.53 |
7.71 |
8.01 |
9.57 |
9.24 |
Provision
for loan losses |
4.69 |
1.33 |
2.22 |
1.41 |
0.20 |
Total Net Interest Income |
1.84 |
6.39 |
5.79 |
8.16 |
9.04 |
Fees and Commissions, Mortgage Banking |
- |
- |
- |
- |
- |
Operating LeaseLease Income |
0.11 |
0.11 |
0.12 |
0.12 |
0.12 |
Operating Leases, Income Statement, Lease Revenue |
- |
- |
- |
- |
- |
Noninterest Income, Other |
0.68 |
0.44 |
0.42 |
0.28 |
0.18 |
Gain Loss On Sale Of Branch Assets And Deposits |
- |
- |
- |
- |
- |
Operating Lease Lease Income |
- |
- |
- |
- |
- |
Interest On Investment Securities |
- |
- |
- |
- |
- |
Loan Application Inspection And Processing Fees |
0.31 |
0.12 |
0.12 |
- |
- |
Deposit Fees And Service Charges |
0.07 |
0.07 |
0.07 |
- |
- |
Loan Application Inspection Processing Fees |
- |
- |
- |
- |
0.10 |
Fees And Service Charges |
- |
- |
- |
- |
0.07 |
Gain Loss On Sale Of Loans And Leases |
- |
- |
- |
- |
- |
Debt And Equity Securities Realized Gain Loss |
- |
- |
0.02 |
- |
- |
Loss/ -Gain on Investment |
0.00 |
0.09 |
0.08 |
0.77 |
0.18 |
Other Non-Interest Income |
- |
- |
- |
0.17 |
- |
Total Noninterest Income |
1.17 |
0.83 |
0.84 |
1.34 |
0.65 |
Total Revenues |
3.01 |
7.22 |
6.63 |
9.50 |
9.70 |
Salaries & employee benefits, SGA |
0.06 |
0.08 |
0.09 |
7.07 |
0.05 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
0.87 |
0.84 |
0.88 |
0.24 |
0.86 |
Professional Fees and Commission |
0.70 |
0.73 |
0.91 |
0.63 |
0.54 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
- |
- |
- |
- |
- |
Other loss/ -income |
6.48 |
6.42 |
5.70 |
-0.86 |
5.76 |
Total Operating
Expenses |
8.11 |
8.06 |
7.58 |
7.08 |
7.21 |
Total Costs & Expenses |
16.65 |
15.66 |
13.22 |
11.47 |
10.01 |
Income /-loss before income taxes |
-5.10 |
-0.85 |
-0.96 |
2.42 |
2.48 |
Income taxes expenses/-benefit |
-1.33 |
-0.23 |
-0.26 |
0.65 |
0.16 |
Income after income taxes |
-3.77 |
-0.62 |
-0.70 |
1.77 |
2.33 |
Net income/-loss
of other equity |
0.00 |
- |
- |
- |
- |
Income /-loss after income taxes |
-3.77 |
-0.62 |
-0.70 |
1.77 |
2.33 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
-3.77 |
-0.62 |
-0.70 |
1.77 |
2.33 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
-3.77 |
-0.62 |
-0.70 |
1.77 |
2.33 |