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 |
178.75 |
171.72 |
163.73 |
153.92 |
131.38 |
Interest and Dividend Income, Securities |
0.02 |
0.02 |
0.02 |
-18.71 |
0.03 |
Interest Income, Federal Funds Sold |
0.99 |
0.23 |
0.61 |
0.82 |
0.63 |
Other Interest and Dividend Income |
17.93 |
6.12 |
6.06 |
4.61 |
6.17 |
Other Income |
15.52 |
11.57 |
10.90 |
29.63 |
11.09 |
Total Interest Income |
213.21 |
189.66 |
181.32 |
170.27 |
149.30 |
Interest Expense, Deposits |
95.90 |
71.97 |
55.71 |
33.47 |
13.66 |
Interest Expense, Borrowings |
17.61 |
16.43 |
17.31 |
14.42 |
9.23 |
Total Interest Expense |
113.51 |
88.41 |
73.02 |
47.89 |
22.88 |
Net Interest Income |
99.70 |
101.25 |
108.30 |
122.38 |
126.42 |
Provision
for loan losses |
4.28 |
6.65 |
4.20 |
7.14 |
15.60 |
Total Net Interest Income |
95.42 |
94.60 |
104.10 |
115.25 |
110.82 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
- |
- |
- |
- |
- |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
0.80 |
0.84 |
0.64 |
-2.52 |
2.01 |
Net Securities Gain Loss |
- |
- |
- |
- |
- |
Debt And Equity Securities Gain Loss |
- |
- |
- |
- |
- |
Other Non-Interest Income |
4.97 |
5.49 |
4.16 |
7.93 |
5.93 |
Other Real Estate Owned Expense |
0.02 |
0.01 |
0.01 |
0.24 |
0.02 |
Federal Deposit Insurance Corporation And Otsocc Assessments |
2.35 |
2.24 |
1.52 |
1.31 |
0.98 |
Total Noninterest Income |
8.14 |
8.58 |
6.32 |
6.97 |
8.94 |
Total Revenues |
103.55 |
103.18 |
110.43 |
122.22 |
119.75 |
Salaries & employee benefits, SGA |
20.08 |
18.80 |
19.07 |
19.23 |
19.69 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications and Information Technology |
6.55 |
6.20 |
7.28 |
8.17 |
7.21 |
Professional Fees |
1.27 |
1.58 |
1.65 |
0.92 |
1.04 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
7.83 |
6.22 |
6.70 |
4.96 |
10.61 |
Other loss/ -income |
5.94 |
5.67 |
4.96 |
4.81 |
4.14 |
Total Operating
Expenses |
41.66 |
38.47 |
39.66 |
38.09 |
42.69 |
Total Costs & Expenses |
155.17 |
126.87 |
112.69 |
85.98 |
65.57 |
Income /-loss before income taxes |
61.89 |
64.71 |
70.76 |
84.12 |
77.07 |
Income taxes expenses/-benefit |
8.55 |
11.25 |
12.79 |
16.40 |
13.04 |
Income after income taxes |
53.34 |
53.47 |
57.97 |
67.72 |
64.03 |
Net income/-loss
of other equity |
0.00 |
- |
- |
- |
- |
Income /-loss after income taxes |
53.34 |
53.47 |
57.97 |
67.72 |
64.03 |
Stockholders Equity Attributable to Noncontrolling Interest |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
53.34 |
53.47 |
57.97 |
67.72 |
64.03 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
0.03 |
- |
0.03 |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
53.34 |
53.44 |
57.97 |
67.69 |
64.03 |