INCOME STATEMENT (Quarterly GAAP In millions $) |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
(Sep 30 2022) III. Quarter |
(Jun 30 2022) II. Quarter |
Interest and Fee Income, Loans and Leases |
19.65 |
20.01 |
20.34 |
20.15 |
18.56 |
Interest and Dividend Income, Securities, Operating |
0.25 |
0.24 |
0.22 |
0.20 |
0.19 |
Other Income |
2.98 |
0.38 |
0.46 |
0.36 |
0.40 |
Total Interest Income |
22.88 |
20.63 |
21.02 |
20.71 |
19.15 |
Interest Expense, Deposits |
7.67 |
3.90 |
1.80 |
0.85 |
0.48 |
Interest Expense, Short-term Borrowings |
0.23 |
0.82 |
0.39 |
0.03 |
- |
Interest Expense, Borrowings |
- |
- |
-0.14 |
- |
0.07 |
Other Intrest Expenses |
0.07 |
0.09 |
0.23 |
0.07 |
- |
Total Interest Expense |
7.97 |
4.81 |
2.27 |
0.95 |
0.55 |
Net Interest Income |
14.90 |
15.82 |
18.75 |
19.76 |
18.61 |
Provision
for loan losses |
-0.74 |
2.94 |
-0.97 |
56.31 |
1.01 |
Total Net Interest Income |
15.97 |
14.04 |
19.72 |
-36.56 |
17.60 |
Fees and Commissions |
- |
- |
- |
- |
- |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Bank Owned Life Insurance Income |
- |
- |
-0.51 |
- |
0.26 |
Debt And Equity Securities Realized Gain Loss |
- |
- |
- |
- |
- |
Other Non-Interest Income |
1.22 |
-0.28 |
2.02 |
0.94 |
0.97 |
Charitable Foundation Expense |
0.48 |
0.42 |
0.43 |
0.40 |
0.33 |
Total Noninterest Income |
1.70 |
1.95 |
1.94 |
1.34 |
1.55 |
Total Revenues |
17.67 |
15.98 |
21.65 |
-35.22 |
19.15 |
Salaries & employee benefits, SGA |
8.27 |
8.63 |
8.83 |
7.72 |
7.84 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
0.42 |
-0.42 |
-0.26 |
0.45 |
0.74 |
Professional Fees and Commission |
0.92 |
-1.40 |
2.00 |
0.74 |
0.98 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
0.87 |
-0.67 |
1.97 |
1.24 |
1.16 |
|
0.37 |
-0.28 |
0.56 |
0.16 |
0.15 |
|
- |
- |
-0.15 |
0.15 |
- |
|
0.28 |
-0.24 |
0.93 |
- |
- |
|
-0.33 |
1.16 |
- |
- |
- |
Other loss/ -income |
1.95 |
-2.73 |
3.33 |
1.60 |
0.47 |
Total Operating
Expenses |
12.75 |
3.90 |
17.21 |
12.05 |
11.34 |
Total Costs & Expenses |
20.73 |
8.71 |
19.48 |
13.00 |
11.89 |
Income /-loss before income taxes |
4.92 |
2.77 |
4.45 |
-47.27 |
7.81 |
Income taxes expenses/-benefit |
1.46 |
0.67 |
1.75 |
-11.96 |
2.19 |
Income after income taxes |
3.46 |
2.10 |
2.70 |
-35.31 |
5.62 |
Net income/-loss
of other equity |
- |
- |
- |
- |
- |
Income /-loss after income taxes |
3.46 |
2.10 |
2.70 |
-35.31 |
5.62 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
3.46 |
2.10 |
2.70 |
-35.31 |
5.62 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
3.46 |
2.10 |
2.70 |
-35.31 |
5.62 |