INCOME STATEMENT (Quarterly GAAP In millions $) |
(Dec 31 2023) IV. Quarter |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
Interest and Fee Income, Loans and Leases |
147.80 |
149.87 |
148.27 |
135.17 |
105.32 |
Interest and Dividend Income, Securities |
-61.49 |
21.50 |
21.00 |
19.35 |
-37.95 |
Other Income |
90.54 |
8.48 |
5.02 |
3.47 |
59.74 |
Total Interest Income |
176.86 |
179.85 |
174.28 |
157.99 |
127.11 |
Interest Expense, Deposits |
15.76 |
16.46 |
14.48 |
5.55 |
-0.40 |
Interest Expense, Short-term Borrowings |
8.32 |
- |
- |
- |
0.99 |
Interest Expense, Subordinated Notes and Debentures |
7.25 |
- |
- |
- |
3.06 |
Interest Expense, Borrowings |
-16.60 |
5.68 |
5.66 |
5.25 |
-2.26 |
Other Intrest Expenses |
51.30 |
38.40 |
27.18 |
16.03 |
6.03 |
Total Interest Expense |
66.04 |
60.54 |
47.32 |
26.84 |
7.40 |
Net Interest Income |
110.82 |
119.31 |
126.96 |
131.15 |
119.71 |
Provision
for loan losses |
3.99 |
2.69 |
-0.76 |
31.60 |
14.13 |
Total Net Interest Income |
106.83 |
116.61 |
127.73 |
99.55 |
105.58 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
3.26 |
3.14 |
3.32 |
3.06 |
0.27 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
4.67 |
4.31 |
4.76 |
6.57 |
-0.15 |
Non Interest Income Excluding Gain Loss On Loans Sale And Investments |
- |
- |
- |
- |
- |
Other Non Interest Income |
- |
- |
- |
- |
- |
Interest On Federal Funds Sold And Interest Bearing Deposits |
- |
- |
- |
- |
- |
Interest On Interest Bearing Deposits And Other Investments |
- |
- |
- |
- |
- |
Interes Ton Federal Funds Sold And Interest Bearing Deposits |
- |
- |
- |
- |
- |
Interest On Federal Funds Sold And Other Investments |
- |
- |
- |
- |
- |
Financing Receivable And Accrued Interest Receivable Credit Loss Provision Reversal |
- |
- |
- |
- |
- |
Loss/ -Gain on Investment |
0.57 |
0.27 |
-0.06 |
0.20 |
0.34 |
Other Non-Interest Income |
4.00 |
5.76 |
9.10 |
7.66 |
14.36 |
|
2.03 |
2.05 |
2.35 |
2.27 |
1.94 |
|
2.81 |
2.26 |
2.12 |
1.44 |
0.89 |
|
- |
- |
- |
1.24 |
0.00 |
Total Noninterest Income |
17.34 |
17.79 |
21.58 |
22.45 |
17.65 |
Total Revenues |
124.17 |
134.41 |
149.30 |
122.00 |
123.23 |
Salaries & employee benefits, SGA |
45.11 |
53.64 |
52.63 |
56.18 |
47.65 |
Depriciation & Amortization |
6.89 |
7.46 |
7.65 |
6.73 |
4.76 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
14.93 |
15.06 |
27.29 |
21.49 |
13.73 |
Professional Fees |
3.29 |
2.68 |
4.06 |
7.48 |
9.17 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
6.54 |
7.21 |
8.27 |
7.14 |
6.11 |
Other loss/ -income |
9.61 |
7.87 |
7.97 |
8.46 |
10.07 |
Total Operating
Expenses |
86.37 |
93.92 |
107.87 |
107.48 |
91.51 |
Total Costs & Expenses |
152.40 |
154.46 |
155.19 |
134.31 |
98.91 |
Income /-loss before income taxes |
37.80 |
40.49 |
41.44 |
14.52 |
31.72 |
Income taxes expenses/-benefit |
8.26 |
9.08 |
10.19 |
2.70 |
7.79 |
Income after income taxes |
29.54 |
31.41 |
31.25 |
11.83 |
23.93 |
Net income/-loss
of other equity |
- |
- |
0.00 |
0.00 |
- |
Income /-loss after income taxes |
29.54 |
31.41 |
31.25 |
11.83 |
23.93 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
29.54 |
31.41 |
31.25 |
11.83 |
23.93 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
29.54 |
31.41 |
31.25 |
11.83 |
23.93 |