INCOME STATEMENT (Quarterly GAAP In millions $) |
(Sep 30 2017) III. Quarter |
(Jun 30 2017) II. Quarter |
(Mar 31 2017) I. Quarter |
(Dec 31 2016) IV. Quarter |
(Sep 30 2016) III. Quarter |
Interest and Fee Income, Loans and Leases |
28.92 |
29.52 |
27.46 |
34.72 |
26.52 |
Interest and Dividend Income, Securities |
3.17 |
3.34 |
3.27 |
3.15 |
2.87 |
Interest Income, Federal Funds Sold |
0.00 |
0.00 |
0.00 |
0.01 |
0.00 |
Interest Income, Deposits with Financial Institutions |
0.20 |
0.11 |
0.09 |
0.07 |
0.05 |
Total Interest Income |
32.29 |
32.97 |
30.82 |
37.95 |
29.44 |
Interest Expense, Deposits |
2.55 |
2.51 |
2.39 |
3.33 |
2.40 |
Interest Expense, Short-term Borrowings |
1.36 |
1.29 |
0.87 |
1.21 |
0.72 |
Interest Expense, Subordinated Notes and Debentures |
0.56 |
0.55 |
0.50 |
0.60 |
0.50 |
Total Interest Expense |
4.46 |
4.36 |
3.76 |
5.14 |
3.62 |
Net Interest Income |
27.83 |
28.61 |
27.06 |
32.81 |
25.82 |
Provision
for loan losses |
-0.35 |
- |
0.68 |
1.11 |
0.64 |
Total Net Interest Income |
28.19 |
28.61 |
26.38 |
31.70 |
25.18 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
3.57 |
3.94 |
4.01 |
4.01 |
4.16 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Bank Owned Life Insurance Income |
0.58 |
0.58 |
0.58 |
0.41 |
0.53 |
Gain Loss On Sale Of Loans And Leases |
- |
- |
- |
- |
- |
Non Interest Income Accretion Amortization Of Indemnification Asset |
- |
- |
- |
- |
- |
Loss Share True Up Liability Expense |
- |
- |
- |
- |
- |
Provision Release For Loan And Lease Losses |
- |
- |
- |
- |
- |
Amortization Of Indemnification Asset And Trueup Liability Expense |
- |
- |
- |
0.16 |
-0.14 |
Noninterest Income Other Operating Income Loss |
0.30 |
0.26 |
0.22 |
-0.37 |
0.22 |
Noninterest Income Accretion Amortization Of Indemnification Asset |
- |
- |
- |
- |
- |
Loss/ -Gain on Investment |
- |
- |
0.06 |
-0.05 |
- |
Other Non-Interest Income |
0.93 |
0.65 |
0.61 |
1.49 |
0.68 |
Total Noninterest Income |
5.38 |
5.42 |
5.47 |
5.65 |
5.45 |
Total Revenues |
33.57 |
34.03 |
31.85 |
37.35 |
30.63 |
Salaries & employee benefits, SGA |
11.24 |
11.53 |
11.63 |
14.91 |
11.80 |
Depriciation & Amortization |
0.45 |
0.45 |
0.45 |
0.57 |
0.46 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
5.40 |
5.29 |
5.30 |
10.56 |
5.97 |
Noninterest Expense Directors Fees |
- |
- |
- |
- |
- |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Supplies and Postage Expense |
0.11 |
0.11 |
0.14 |
0.18 |
0.12 |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
1.42 |
1.53 |
1.56 |
4.95 |
1.05 |
Legal And Professional Fees |
0.95 |
1.65 |
0.78 |
-1.93 |
0.98 |
Net Cost Of Operation Of Other Real Estate |
0.02 |
0.24 |
0.18 |
0.02 |
-0.09 |
Other loss/ -income |
0.55 |
0.65 |
0.60 |
3.51 |
0.83 |
Total Operating
Expenses |
20.14 |
21.45 |
20.64 |
32.76 |
21.11 |
Total Costs & Expenses |
24.60 |
25.81 |
24.41 |
37.90 |
24.73 |
Income /-loss before income taxes |
13.43 |
12.58 |
11.21 |
4.59 |
9.52 |
Income taxes expenses/-benefit |
4.73 |
4.05 |
3.72 |
1.29 |
3.19 |
Income after income taxes |
8.69 |
8.53 |
7.49 |
3.29 |
6.32 |
Net income/-loss
of other equity |
- |
0.00 |
0.00 |
0.00 |
- |
Income /-loss after income taxes |
8.69 |
8.53 |
7.49 |
3.29 |
6.32 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
8.69 |
8.53 |
7.49 |
3.29 |
6.32 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
8.69 |
8.53 |
7.49 |
3.29 |
6.32 |