INCOME STATEMENT (Quarterly GAAP In millions $) |
(Mar 31 2020) I. Quarter |
(Dec 31 2019) IV. Quarter |
(Sep 30 2019) III. Quarter |
(Jun 30 2019) II. Quarter |
(Mar 31 2019) I. Quarter |
Interest and Fee Income, Loans and Leases |
19.33 |
19.18 |
19.14 |
19.06 |
18.16 |
Interest and Dividend Income, Securities |
1.63 |
1.65 |
1.63 |
1.61 |
1.62 |
Interest Income, Domestic Deposits |
0.02 |
0.05 |
0.10 |
0.07 |
0.05 |
Total Interest Income |
20.98 |
20.88 |
20.86 |
20.74 |
19.83 |
Interest Expense, Deposits |
4.34 |
4.52 |
4.76 |
4.46 |
3.86 |
Interest Expense, Junior Subordinated Debentures |
1.46 |
4.71 |
0.32 |
0.32 |
0.32 |
Interest Expense, Borrowings |
- |
-3.29 |
1.10 |
0.97 |
1.21 |
Total Interest Expense |
5.80 |
5.94 |
6.17 |
5.75 |
5.39 |
Net Interest Income |
15.18 |
14.95 |
14.69 |
14.99 |
14.44 |
Provision
for loan losses |
0.88 |
0.55 |
0.64 |
0.78 |
0.57 |
Total Net Interest Income |
14.30 |
14.40 |
14.05 |
14.21 |
13.87 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
0.02 |
-2.88 |
0.05 |
0.02 |
2.95 |
Sales of Products |
0.32 |
0.69 |
0.35 |
0.37 |
- |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
0.23 |
0.01 |
0.24 |
0.23 |
0.45 |
Atm And Debit Card Fees |
- |
-0.23 |
- |
- |
0.23 |
Gain (Loss) on Disposition of Assets and Other Investments |
- |
-0.04 |
0.09 |
-0.38 |
- |
Other Non-Interest Income |
3.12 |
5.68 |
2.38 |
4.15 |
- |
Total Noninterest Income |
3.68 |
3.22 |
3.10 |
4.39 |
3.63 |
Total Revenues |
17.98 |
17.62 |
17.15 |
18.61 |
17.50 |
Salaries & employee benefits, SGA |
6.91 |
6.43 |
6.39 |
6.49 |
6.29 |
Restructuring, Accretion & impairment charges |
0.32 |
- |
- |
- |
- |
Depriciation & Amortization |
0.09 |
0.10 |
0.10 |
0.10 |
0.10 |
Foreclosed Real Estate Expense |
0.09 |
-0.05 |
0.17 |
0.10 |
0.07 |
Communications, Occupancy and Information Technology |
1.93 |
1.83 |
1.84 |
1.98 |
1.72 |
Professional Fees and Commission |
0.70 |
0.79 |
0.51 |
0.57 |
0.73 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Supplies and Postage Expense |
0.09 |
0.08 |
0.07 |
0.09 |
0.08 |
Federal Deposit Insurance Corporation Premium Expense |
0.25 |
0.12 |
0.14 |
0.28 |
0.17 |
Other Noninterest Expense |
0.67 |
0.66 |
0.61 |
0.60 |
0.71 |
Other loss/ -income |
0.32 |
0.37 |
0.34 |
0.31 |
0.32 |
Total Operating
Expenses |
11.37 |
10.34 |
10.19 |
10.53 |
10.18 |
Total Costs & Expenses |
17.16 |
16.28 |
16.36 |
16.27 |
15.57 |
Income /-loss before income taxes |
6.62 |
7.27 |
6.97 |
8.08 |
7.32 |
Income taxes expenses/-benefit |
1.49 |
1.94 |
1.82 |
1.84 |
1.50 |
Income after income taxes |
5.13 |
5.33 |
5.15 |
6.24 |
5.82 |
Net income/-loss
of other equity |
- |
0.00 |
- |
- |
- |
Income /-loss after income taxes |
5.13 |
5.33 |
5.15 |
6.24 |
5.82 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
5.13 |
5.33 |
5.15 |
6.24 |
5.82 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
5.13 |
5.33 |
5.15 |
6.24 |
5.82 |