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 |
11.51 |
11.55 |
11.38 |
11.08 |
10.33 |
Interest and Dividend Income, Securities, Operating |
1.18 |
0.86 |
0.79 |
0.74 |
0.45 |
Total Interest Income |
12.69 |
12.41 |
12.17 |
11.82 |
10.78 |
Interest Expense, Deposits |
3.88 |
2.95 |
2.14 |
1.38 |
0.73 |
Interest Expense, Long-term Debt and Capital Securities |
0.17 |
0.17 |
0.17 |
0.16 |
0.17 |
Other Intrest Expenses |
0.47 |
0.55 |
0.50 |
0.60 |
0.28 |
Total Interest Expense |
4.52 |
3.67 |
2.80 |
2.13 |
1.18 |
Net Interest Income |
8.17 |
8.74 |
9.37 |
9.69 |
9.60 |
Provision
for loan losses |
0.08 |
-0.33 |
0.01 |
0.13 |
0.38 |
Total Net Interest Income |
8.09 |
9.08 |
9.36 |
9.56 |
9.22 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
0.70 |
0.67 |
0.58 |
-0.01 |
0.60 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Mortgage Servicing Rights (MSR) Impairment (Recovery) |
-0.08 |
0.10 |
-0.14 |
-0.11 |
0.01 |
Fees and Commissions Mortgage Banking and Servicing Income Loss |
- |
- |
- |
- |
- |
Bank Owned Life Insurance Income Loss |
0.09 |
0.72 |
- |
- |
- |
Loss/ -Gain on Investment |
0.08 |
0.11 |
0.08 |
0.05 |
0.05 |
Other Non-Interest Income |
0.30 |
0.37 |
0.37 |
1.10 |
0.37 |
Losses Gains On Sales Of Other Real Estate Owned And Repossessed Assets |
- |
-0.07 |
0.08 |
- |
- |
Total Noninterest Income |
1.08 |
1.89 |
0.97 |
1.02 |
1.03 |
Total Revenues |
9.17 |
10.97 |
10.33 |
10.58 |
10.25 |
Salaries & employee benefits, SGA |
1.63 |
1.49 |
1.44 |
1.49 |
1.58 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
0.46 |
0.44 |
0.46 |
-1.25 |
0.45 |
Professional Fees and Commission |
- |
- |
- |
- |
- |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
- |
- |
- |
- |
- |
Regulatory Assessments |
0.18 |
0.15 |
0.15 |
0.14 |
0.12 |
Other loss/ -income |
5.44 |
5.42 |
5.56 |
6.75 |
4.89 |
Total Operating
Expenses |
7.71 |
7.50 |
7.62 |
7.12 |
7.04 |
Total Costs & Expenses |
12.23 |
11.17 |
10.42 |
9.25 |
8.22 |
Income /-loss before income taxes |
1.46 |
3.47 |
2.72 |
3.46 |
3.21 |
Income taxes expenses/-benefit |
0.30 |
0.58 |
0.55 |
0.54 |
0.67 |
Income after income taxes |
1.17 |
2.89 |
2.17 |
2.92 |
2.55 |
Net income/-loss
of other equity |
- |
- |
0.00 |
- |
0.00 |
Income /-loss after income taxes |
1.17 |
2.89 |
2.17 |
2.92 |
2.55 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
1.17 |
2.89 |
2.17 |
2.92 |
2.55 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
1.17 |
2.89 |
2.17 |
2.92 |
2.55 |