INCOME STATEMENT (Quarterly GAAP In millions $) |
(Sep 30 2024) III. Quarter |
(Jun 30 2024) II. Quarter |
(Mar 31 2024) I. Quarter |
(Dec 31 2023) IV. Quarter |
(Sep 30 2023) III. Quarter |
Interest and Fee Income, Loans and Leases |
27.91 |
26.88 |
25.89 |
24.90 |
23.93 |
Interest and Dividend Income, Securities |
4.33 |
4.07 |
4.06 |
3.66 |
3.40 |
Interest Income, Deposits with Financial Institutions |
2.63 |
2.71 |
3.04 |
3.44 |
2.95 |
Other Income |
0.03 |
0.02 |
0.02 |
0.05 |
0.05 |
Total Interest Income |
34.90 |
33.68 |
33.02 |
32.04 |
30.32 |
Interest Expense, Deposits |
12.44 |
11.89 |
11.66 |
10.75 |
9.56 |
Interest Expense, Other Short-term Borrowings |
- |
- |
- |
0.00 |
0.04 |
Total Interest Expense |
12.44 |
11.89 |
11.66 |
10.75 |
9.60 |
Net Interest Income |
22.46 |
21.79 |
21.36 |
21.29 |
20.73 |
Provision
for loan losses |
- |
- |
- |
-0.49 |
0.19 |
Total Net Interest Income |
22.46 |
21.79 |
21.36 |
21.78 |
20.54 |
Brokerage Commissions Revenue |
0.99 |
0.89 |
0.99 |
1.04 |
1.03 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
0.10 |
0.09 |
0.08 |
0.08 |
0.06 |
Interest Expense Operating |
- |
- |
- |
- |
- |
Fees And Commissions Depositor Accounts |
- |
1.37 |
1.37 |
1.46 |
1.49 |
Fees And Commissions Debit Cards |
- |
0.95 |
1.02 |
0.88 |
0.83 |
Noninterest Income Mortgage Banking |
- |
0.65 |
0.46 |
0.44 |
0.60 |
Noninterest Income Loans And Deposits |
- |
0.49 |
0.49 |
0.58 |
0.57 |
Debt Securities Available For Sale Realized Gain Loss |
- |
- |
- |
- |
- |
Equity Securities Fv Ni Realized Gain Loss |
- |
-0.01 |
-0.03 |
0.13 |
-0.11 |
Other Non-Interest Income |
3.92 |
0.27 |
0.15 |
0.17 |
0.69 |
Federal Deposit Insurance Corporation Premium Expense And Office Of Financial Institutions Expense |
0.42 |
0.40 |
0.40 |
0.42 |
0.42 |
Total Noninterest Income |
5.42 |
5.10 |
4.93 |
5.19 |
5.58 |
Total Revenues |
27.88 |
26.89 |
26.29 |
26.97 |
26.12 |
Salaries & employee benefits, SGA |
10.32 |
10.10 |
10.29 |
9.91 |
10.13 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Information Technology and Data Processing |
0.65 |
0.65 |
0.35 |
0.63 |
0.65 |
Professional Fees |
0.65 |
0.73 |
0.62 |
0.67 |
0.62 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
1.05 |
1.07 |
1.12 |
0.91 |
0.99 |
Occupancy And Equipment Expense |
1.66 |
1.70 |
1.62 |
1.65 |
1.66 |
Technology Expense |
0.87 |
0.72 |
0.71 |
0.69 |
0.68 |
Other Business Development Expenses |
0.52 |
0.59 |
0.48 |
0.54 |
0.52 |
Loan And Deposit Expense |
0.29 |
0.31 |
-0.04 |
0.26 |
0.24 |
Other loss/ -income |
0.74 |
0.81 |
0.74 |
0.77 |
0.75 |
Total Operating
Expenses |
16.75 |
16.69 |
15.87 |
16.02 |
16.23 |
Total Costs & Expenses |
29.20 |
28.58 |
27.53 |
26.77 |
25.83 |
Income /-loss before income taxes |
10.82 |
9.90 |
10.12 |
10.21 |
9.89 |
Income taxes expenses/-benefit |
2.07 |
1.91 |
1.93 |
1.92 |
1.87 |
Income after income taxes |
8.75 |
7.99 |
8.19 |
8.29 |
8.02 |
Net income/-loss
of other equity |
- |
0.00 |
- |
0.00 |
- |
Income /-loss after income taxes |
8.75 |
7.99 |
8.19 |
8.29 |
8.02 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
8.75 |
7.99 |
8.19 |
8.29 |
8.02 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
8.75 |
7.99 |
8.19 |
8.29 |
8.02 |