INCOME STATEMENT (Quarterly GAAP In millions $) |
(Dec 31 2023) III. Quarter |
(Sep 30 2023) II. Quarter |
(Jun 30 2023) I. Quarter |
(Mar 31 2023) IV. Quarter |
(Dec 31 2022) III. Quarter |
Interest and Fee Income, Loans and Leases |
11.65 |
11.43 |
11.21 |
11.25 |
11.53 |
Interest and Dividend Income, Securities |
0.07 |
0.07 |
0.07 |
-1.77 |
0.07 |
Other Interest and Dividend Income |
0.33 |
0.28 |
0.35 |
0.25 |
0.45 |
Other Income |
2.23 |
2.26 |
2.33 |
4.22 |
2.40 |
Total Interest Income |
14.27 |
14.04 |
13.96 |
13.94 |
14.44 |
Interest Expense, Deposits |
2.06 |
1.83 |
1.37 |
0.61 |
0.29 |
Interest Expense, Borrowings |
2.89 |
2.35 |
2.23 |
1.52 |
0.45 |
Total Interest Expense |
0.36 |
0.23 |
0.23 |
0.26 |
0.23 |
Total Interest Expense |
4.95 |
4.18 |
3.60 |
2.13 |
0.74 |
Net Interest Income |
9.32 |
9.85 |
10.36 |
11.81 |
13.70 |
Provision
for loan losses |
- |
- |
- |
0.75 |
- |
Total Net Interest Income |
9.32 |
9.85 |
10.36 |
11.06 |
13.70 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
- |
- |
- |
- |
- |
Revenue From Contract With Customer Including Assessed Tax |
1.53 |
1.74 |
1.60 |
1.46 |
1.50 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
0.05 |
0.14 |
0.10 |
-0.15 |
0.13 |
Net Interest Income After Provision Recapture For Loan Losses |
- |
- |
- |
- |
- |
Boli Death Benefit In Excess Of Cash Surrender Value |
- |
- |
- |
- |
- |
Bank Owned Life Insurance Death Benefit In Excess Of Cash Surrender Value |
- |
- |
- |
- |
- |
Insured Event Gain Loss |
- |
- |
- |
- |
- |
Other Non-Interest Income |
1.48 |
1.53 |
1.58 |
1.66 |
1.33 |
Total Noninterest Income |
3.06 |
3.41 |
3.29 |
2.97 |
2.96 |
Total Revenues |
12.38 |
13.26 |
13.64 |
14.04 |
16.66 |
Salaries & employee benefits, SGA |
0.28 |
0.36 |
0.31 |
5.72 |
0.20 |
Depriciation & Amortization |
0.03 |
0.03 |
0.03 |
0.03 |
0.03 |
Foreclosed Real Estate Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
2.41 |
2.36 |
2.26 |
2.06 |
2.24 |
Professional Fees |
0.35 |
0.27 |
0.34 |
0.28 |
0.34 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
0.18 |
0.18 |
0.18 |
0.18 |
0.12 |
Other Noninterest Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense Income |
0.80 |
0.78 |
0.54 |
-1.33 |
0.66 |
Other loss/ -income |
6.50 |
6.13 |
6.32 |
0.97 |
6.26 |
Total Operating
Expenses |
10.55 |
10.09 |
9.98 |
9.95 |
9.85 |
Total Costs & Expenses |
15.50 |
14.27 |
13.58 |
12.08 |
10.59 |
Income /-loss before income taxes |
1.83 |
3.17 |
3.67 |
4.09 |
6.82 |
Income taxes expenses/-benefit |
0.38 |
0.70 |
0.82 |
1.10 |
1.58 |
Income after income taxes |
1.45 |
2.47 |
2.84 |
2.98 |
5.24 |
Net income/-loss
of other equity |
- |
- |
- |
0.00 |
- |
Income /-loss after income taxes |
1.45 |
2.47 |
2.84 |
2.98 |
5.24 |
Stockholders Equity Attributable to Noncontrolling Interest |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
1.45 |
2.47 |
2.84 |
2.98 |
5.24 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
1.45 |
2.47 |
2.84 |
2.98 |
5.24 |