INCOME STATEMENT (Quarterly GAAP In millions $) |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
(Sep 30 2022) III. Quarter |
Interest and Fee Income, Loans and Leases |
64.11 |
58.68 |
54.78 |
51.92 |
45.26 |
Interest and Dividend Income, Securities |
22.49 |
22.49 |
19.63 |
10.24 |
16.38 |
Other Interest and Dividend Income |
0.27 |
0.38 |
0.25 |
0.21 |
0.10 |
Other Income |
6.21 |
5.32 |
6.20 |
12.75 |
5.14 |
Total Interest Income |
93.08 |
86.88 |
80.85 |
75.13 |
66.88 |
Interest Expense, Deposits |
30.95 |
21.68 |
19.91 |
13.69 |
7.89 |
Interest Expense, Federal Home Loan Bank and Federal Reserve Bank Advances, Short-term |
1.17 |
1.03 |
3.14 |
1.62 |
1.08 |
Interest Expense, Long-term Debt and Capital Securities |
0.96 |
0.99 |
1.00 |
0.19 |
1.00 |
Interest Expense, Other |
5.54 |
8.16 |
2.42 |
1.06 |
0.73 |
Other Intrest Expenses |
1.18 |
1.10 |
1.03 |
1.73 |
0.67 |
Total Interest Expense |
39.81 |
32.96 |
27.50 |
18.29 |
11.37 |
Net Interest Income |
53.27 |
53.92 |
53.35 |
56.84 |
55.52 |
Provision
for loan losses |
6.99 |
-0.07 |
-0.04 |
2.09 |
1.49 |
Total Net Interest Income |
46.29 |
53.99 |
53.39 |
54.76 |
54.02 |
Brokerage Commissions Revenue |
0.76 |
0.90 |
0.70 |
0.73 |
0.70 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
1.18 |
1.65 |
1.40 |
0.03 |
1.19 |
Fees And Commissions Fiduciary And Trust Activity |
1.52 |
1.49 |
1.47 |
1.57 |
1.41 |
Interest Earning Assets Other |
- |
- |
- |
- |
- |
Loss/ -Gain on Investment |
0.10 |
0.19 |
0.10 |
0.04 |
0.11 |
Other Non-Interest Income |
7.28 |
6.23 |
8.37 |
8.41 |
6.86 |
Total Noninterest Income |
10.84 |
10.46 |
12.03 |
10.77 |
10.27 |
Total Revenues |
57.12 |
64.45 |
65.43 |
65.52 |
64.29 |
Salaries & employee benefits, SGA |
1.06 |
0.85 |
1.05 |
39.11 |
0.79 |
Depriciation & Amortization |
0.41 |
0.44 |
0.48 |
0.52 |
0.55 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
6.23 |
5.95 |
5.79 |
4.70 |
5.58 |
Professional Fees |
1.47 |
1.19 |
1.37 |
1.47 |
1.41 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Supplies Expense |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
0.90 |
1.22 |
0.54 |
0.51 |
0.49 |
Other Noninterest Expense |
3.52 |
3.29 |
3.08 |
2.45 |
2.46 |
A T M Expense |
0.36 |
0.32 |
0.36 |
0.36 |
0.32 |
Other loss/ -income |
21.60 |
21.72 |
22.18 |
-16.59 |
21.87 |
Total Operating
Expenses |
35.55 |
34.99 |
34.85 |
33.56 |
33.46 |
Total Costs & Expenses |
75.36 |
67.95 |
62.34 |
51.85 |
44.83 |
Income /-loss before income taxes |
21.57 |
29.46 |
30.58 |
31.96 |
30.83 |
Income taxes expenses/-benefit |
3.12 |
4.57 |
4.54 |
4.29 |
3.88 |
Income after income taxes |
18.45 |
24.89 |
26.03 |
27.67 |
26.95 |
Net income/-loss
of other equity |
0.00 |
- |
0.00 |
- |
- |
Income /-loss after income taxes |
18.45 |
24.89 |
26.03 |
27.67 |
26.95 |
Stockholders Equity Attributable to Noncontrolling Interest |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
18.45 |
24.89 |
26.03 |
27.67 |
26.95 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
18.45 |
24.89 |
26.03 |
27.67 |
26.95 |