INCOME STATEMENT (Quarterly GAAP In millions $) |
(Sep 30 2020) III. Quarter |
(Jun 30 2020) II. Quarter |
(Mar 31 2020) I. Quarter |
(Dec 31 2019) IV. Quarter |
(Sep 30 2019) III. Quarter |
Interest and Fee Income, Loans and Leases |
44.77 |
42.61 |
43.16 |
46.84 |
50.41 |
Interest and Dividend Income, Securities |
5.78 |
5.61 |
5.19 |
52.98 |
5.13 |
Interest Income, Federal Funds Sold |
0.00 |
0.00 |
0.02 |
0.01 |
0.04 |
Other Interest and Dividend Income |
0.34 |
0.42 |
0.62 |
1.15 |
1.24 |
Total Interest Income |
50.89 |
48.65 |
48.98 |
52.98 |
56.82 |
Interest Expense, Deposits |
4.48 |
5.77 |
9.21 |
38.83 |
13.39 |
Interest Expense, Short-term Borrowings |
0.01 |
0.02 |
0.06 |
0.28 |
0.10 |
Interest Expense, Long-term Debt and Capital Securities |
1.81 |
1.91 |
2.01 |
6.29 |
2.61 |
Interest Expense, Other |
- |
- |
- |
-0.18 |
- |
Total Interest Expense |
6.31 |
7.70 |
11.28 |
13.06 |
16.10 |
Net Interest Income |
44.58 |
40.95 |
37.70 |
39.92 |
40.72 |
Provision
for loan losses |
20.34 |
19.92 |
8.37 |
0.98 |
2.01 |
Total Net Interest Income |
24.24 |
21.03 |
29.33 |
38.94 |
38.71 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
- |
- |
- |
- |
- |
Revenue From Contract With Customer Including Assessed Tax |
88.85 |
77.28 |
64.18 |
82.78 |
76.72 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
1.98 |
1.55 |
1.25 |
2.40 |
1.69 |
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 |
- |
- |
- |
- |
- |
Extinguishment of Debt |
1.87 |
0.43 |
0.15 |
0.29 |
0.15 |
Loss/ -Gain on Investment |
1.68 |
1.20 |
0.65 |
14.09 |
0.89 |
Other Non-Interest Income |
-56.42 |
-51.83 |
-51.03 |
-68.93 |
-60.07 |
Gain Loss On Sale Of Other Loans And Leases |
- |
- |
- |
0.16 |
0.52 |
Total Noninterest Income |
37.96 |
28.63 |
15.20 |
29.81 |
19.91 |
Total Revenues |
62.20 |
49.66 |
44.53 |
68.74 |
58.61 |
Salaries & employee benefits, SGA |
26.75 |
21.86 |
19.20 |
25.89 |
25.27 |
Restructuring, Accretion & impairment charges |
- |
0.07 |
0.65 |
4.86 |
0.88 |
Depriciation & Amortization |
0.53 |
0.55 |
0.55 |
0.56 |
0.56 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communication |
- |
- |
- |
- |
- |
Professional Fees and Commission |
- |
- |
- |
- |
- |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Supplies Expense |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
1.21 |
1.28 |
1.31 |
5.46 |
1.64 |
Professional And Data Processing Fees |
3.76 |
3.65 |
3.37 |
3.57 |
4.03 |
F D I C And Other Insurance |
1.30 |
0.91 |
0.68 |
0.52 |
0.54 |
Loanlease Expense |
- |
- |
- |
-0.21 |
- |
Correspondent Banking Expense |
0.21 |
0.21 |
0.22 |
0.22 |
0.21 |
Disposal Group Including Discontinued Operation Cost Of Disposal |
0.19 |
-0.08 |
0.52 |
3.33 |
- |
Other loss/ -income |
6.89 |
4.69 |
4.92 |
5.62 |
6.81 |
Total Operating
Expenses |
40.84 |
33.12 |
31.42 |
46.29 |
39.95 |
Total Costs & Expenses |
47.15 |
40.82 |
42.70 |
59.35 |
56.04 |
Income /-loss before income taxes |
21.36 |
16.54 |
13.11 |
22.45 |
18.67 |
Income taxes expenses/-benefit |
4.02 |
2.80 |
1.88 |
6.56 |
3.57 |
Income after income taxes |
17.34 |
13.74 |
11.23 |
15.89 |
15.10 |
Net income/-loss
of other equity |
- |
0.00 |
- |
0.00 |
0.00 |
Income /-loss after income taxes |
17.34 |
13.74 |
11.23 |
15.89 |
15.10 |
Net Income (Loss) Attributable to Noncontrolling Interest |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
17.34 |
13.74 |
11.23 |
15.89 |
15.10 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
17.34 |
13.74 |
11.23 |
15.89 |
15.10 |