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 |
- |
- |
- |
108.98 |
69.86 |
Interest and Dividend Income, Securities |
5.51 |
4.87 |
5.34 |
-1.70 |
4.96 |
Interest Income, Federal Funds Sold |
0.28 |
0.22 |
0.23 |
0.40 |
0.10 |
Other Interest and Dividend Income |
0.66 |
0.51 |
0.51 |
0.80 |
0.67 |
Other Income |
102.12 |
92.78 |
88.13 |
13.17 |
3.68 |
Total Interest Income |
108.57 |
98.38 |
94.22 |
121.64 |
79.27 |
Interest Expense, Deposits |
43.58 |
38.45 |
29.78 |
30.43 |
12.57 |
Interest Expense, Short-term Borrowings |
0.01 |
0.03 |
0.10 |
0.30 |
0.08 |
Interest Expense, Long-term Debt and Capital Securities |
4.00 |
4.04 |
4.01 |
4.15 |
3.21 |
Interest Expense, Other |
- |
- |
- |
0.05 |
0.05 |
Other Intrest Expenses |
5.72 |
2.65 |
3.52 |
6.95 |
2.58 |
Total Interest Expense |
53.31 |
45.17 |
37.41 |
41.88 |
18.50 |
Net Interest Income |
55.26 |
53.21 |
56.81 |
79.76 |
60.77 |
Provision
for loan losses |
3.81 |
3.61 |
3.93 |
0.00 |
- |
Total Net Interest Income |
51.45 |
49.60 |
52.88 |
79.76 |
60.77 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
- |
- |
- |
- |
- |
Revenue From Contract With Customer Including Assessed Tax |
135.16 |
130.90 |
120.06 |
129.30 |
100.36 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
0.30 |
0.02 |
0.34 |
-4.12 |
0.38 |
Fee Income From Early Termination Of Leases |
- |
- |
- |
- |
- |
Gain On Debt Extinguishment |
- |
- |
- |
- |
- |
Asset Management Fees |
- |
- |
- |
- |
- |
Swap Fee Income |
- |
- |
- |
- |
- |
Loan Related Fees Income |
- |
- |
- |
- |
- |
Derivative Fair Value Hedge Included In Effectiveness Gain Loss |
- |
- |
- |
- |
- |
Derivative Fair Value Hedge Included In Effectiveness Gain Loss |
- |
- |
- |
- |
- |
Debt Securities Gain Loss |
- |
- |
- |
- |
- |
Interest And Fee Income Loans And Leases Taxable |
- |
- |
- |
- |
- |
Interest And Fee Income Loans And Leases Non Taxable |
- |
- |
- |
- |
- |
Loss/ -Gain on Investment |
0.48 |
0.50 |
0.31 |
0.16 |
0.64 |
Other Non-Interest Income |
-109.34 |
-98.90 |
-94.90 |
-117.65 |
-80.34 |
Gain Loss On Sale Of Other Loans And Leases |
- |
- |
0.03 |
-0.02 |
0.05 |
Total Noninterest Income |
26.59 |
32.52 |
25.84 |
7.66 |
21.10 |
Total Revenues |
78.04 |
82.12 |
78.72 |
87.42 |
81.86 |
Salaries & employee benefits, SGA |
1.43 |
1.74 |
1.24 |
79.90 |
1.44 |
Restructuring, Accretion & impairment charges |
- |
- |
0.21 |
3.09 |
0.06 |
Depriciation & Amortization |
0.69 |
0.77 |
0.77 |
1.07 |
0.79 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communication |
0.48 |
0.47 |
0.67 |
2.21 |
0.64 |
Professional Fees and Commission |
- |
- |
- |
- |
- |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Supplies Expense |
0.34 |
0.28 |
0.31 |
1.11 |
0.29 |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
0.81 |
0.54 |
0.74 |
-4.34 |
1.14 |
Professional And Data Processing Fees |
4.46 |
4.08 |
3.51 |
6.33 |
4.48 |
F D I C And Other Insurance |
1.72 |
1.93 |
1.37 |
1.37 |
1.50 |
Correspondent Banking Expense |
0.23 |
0.22 |
0.21 |
0.37 |
0.22 |
Disposal Group Including Discontinued Operation Cost Of Disposal |
- |
- |
- |
0.01 |
- |
Card Processing Expenses |
0.73 |
0.54 |
0.55 |
-1.96 |
0.48 |
Trust Expenses |
0.43 |
0.34 |
0.21 |
-0.78 |
0.23 |
Other loss/ -income |
39.76 |
38.83 |
39.01 |
-38.76 |
36.50 |
Total Operating
Expenses |
51.08 |
49.73 |
48.79 |
56.06 |
47.75 |
Total Costs & Expenses |
104.39 |
94.90 |
86.19 |
97.94 |
66.24 |
Income /-loss before income taxes |
26.96 |
32.39 |
29.94 |
31.36 |
34.12 |
Income taxes expenses/-benefit |
1.84 |
3.97 |
2.78 |
2.73 |
4.82 |
Income after income taxes |
25.12 |
28.43 |
27.16 |
28.64 |
29.29 |
Net income/-loss
of other equity |
- |
0.00 |
- |
- |
0.00 |
Income /-loss after income taxes |
25.12 |
28.43 |
27.16 |
28.64 |
29.29 |
Net Income (Loss) Attributable to Noncontrolling Interest |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
25.12 |
28.43 |
27.16 |
28.64 |
29.29 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
25.12 |
28.43 |
27.16 |
28.64 |
29.29 |