INCOME STATEMENT (Quarterly GAAP In millions $) |
(Dec 31 2023) II. Quarter |
(Sep 30 2023) I. Quarter |
(Jun 30 2023) IV. Quarter |
(Mar 31 2023) III. Quarter |
(Dec 31 2022) II. Quarter |
Interest and Fee Income, Loans and Leases |
12.51 |
12.18 |
11.83 |
11.03 |
10.24 |
InterestIncome Debt Securities Operating |
0.52 |
0.52 |
0.54 |
0.55 |
0.55 |
Interest Income, Deposits with Financial Institutions |
0.44 |
0.46 |
0.41 |
0.29 |
0.24 |
Other Income |
0.20 |
0.18 |
0.14 |
0.15 |
0.15 |
Total Interest Income |
13.67 |
13.34 |
12.92 |
12.01 |
11.17 |
Interest Expense, Deposits |
2.13 |
1.79 |
-1.36 |
0.78 |
0.37 |
Interest Expense, Borrowings |
2.62 |
2.32 |
2.21 |
1.73 |
1.31 |
Other Intrest Expenses |
0.15 |
0.10 |
2.84 |
0.10 |
0.11 |
Total Interest Expense |
4.89 |
4.20 |
3.68 |
2.61 |
1.79 |
Net Interest Income |
8.77 |
9.14 |
9.23 |
9.40 |
9.39 |
Provision
for loan losses |
-0.72 |
0.55 |
-0.06 |
0.17 |
0.19 |
Total Net Interest Income |
9.49 |
8.59 |
9.29 |
9.23 |
9.19 |
Fees and Commissions, Mortgage Banking and Servicing |
- |
- |
0.09 |
0.10 |
0.12 |
Revenue From Contract With Customer Including Assessed Tax |
0.30 |
0.29 |
0.30 |
0.33 |
0.33 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Noninterest Income, Other Operating Income |
0.12 |
0.13 |
0.33 |
0.19 |
0.15 |
Other Revenue Expense From Real Estate Operations |
- |
- |
- |
- |
- |
Interest Income Debt Securities Operating |
- |
- |
- |
- |
- |
Interest Income Federal Home Loan Bank Advances |
0.20 |
0.18 |
-0.29 |
0.15 |
0.15 |
Recovery Provision For Loan Losses |
- |
- |
-0.36 |
0.17 |
0.19 |
Fees And Commissions Mortgage Banking And Servicing And Other Fees |
0.12 |
-0.02 |
- |
- |
- |
Other Non-Interest Income |
0.06 |
0.12 |
-2.64 |
-0.01 |
-0.03 |
Interest Expense Checking And Money Market Deposits |
0.07 |
0.06 |
-0.12 |
0.06 |
0.06 |
Total Noninterest Income |
0.88 |
0.75 |
1.14 |
0.98 |
0.96 |
Total Revenues |
10.37 |
9.35 |
10.43 |
10.21 |
10.15 |
Salaries & employee benefits, SGA |
0.18 |
0.17 |
0.12 |
0.18 |
0.18 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Occupancy, Net |
0.90 |
0.90 |
0.95 |
0.84 |
0.80 |
Professional Fees |
0.41 |
0.47 |
0.36 |
0.26 |
0.31 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
0.73 |
0.72 |
0.84 |
0.81 |
0.74 |
Deposit Insurance Premiums And Assessments |
0.21 |
0.20 |
-0.33 |
0.19 |
0.14 |
Other loss/ -income |
4.92 |
4.40 |
5.68 |
4.64 |
4.64 |
Total Operating
Expenses |
7.34 |
6.86 |
7.61 |
6.92 |
6.80 |
Total Costs & Expenses |
12.24 |
11.06 |
11.29 |
9.53 |
8.58 |
Income /-loss before income taxes |
3.03 |
2.49 |
2.82 |
3.29 |
3.35 |
Income taxes expenses/-benefit |
0.88 |
0.73 |
1.01 |
0.97 |
0.98 |
Income after income taxes |
2.14 |
1.76 |
1.81 |
2.32 |
2.37 |
Net income/-loss
of other equity |
- |
- |
- |
0.00 |
- |
Income /-loss after income taxes |
2.14 |
1.76 |
1.81 |
2.32 |
2.37 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
2.14 |
1.76 |
1.81 |
2.32 |
2.37 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
2.14 |
1.76 |
1.81 |
2.32 |
2.37 |