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 |
117.44 |
114.26 |
108.70 |
102.72 |
96.22 |
Interest and Dividend Income, Securities |
8.70 |
8.07 |
8.02 |
7.67 |
6.54 |
Other Income |
0.56 |
0.63 |
0.61 |
0.51 |
0.45 |
Total Interest Income |
126.71 |
122.96 |
117.33 |
110.90 |
103.21 |
Interest Expense, Deposits |
32.92 |
24.91 |
20.10 |
14.90 |
11.07 |
Interest Expense, Debt |
8.68 |
10.66 |
9.11 |
7.21 |
3.08 |
Total Interest Expense |
41.60 |
35.57 |
29.21 |
22.11 |
14.15 |
Net Interest Income |
85.11 |
87.39 |
88.12 |
88.79 |
89.06 |
Provision
for loan losses |
0.94 |
5.50 |
10.53 |
0.92 |
3.18 |
Total Net Interest Income |
84.17 |
81.89 |
77.59 |
87.87 |
85.88 |
Fees and Commissions, Mortgage Banking and Servicing |
0.28 |
0.29 |
0.29 |
0.30 |
0.31 |
Revenue From Contract With Customer Excluding Assessed Tax |
4.54 |
4.69 |
4.65 |
4.37 |
4.42 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Noninterest Income, Other |
6.06 |
0.14 |
2.14 |
1.49 |
3.56 |
Asset Management Fees |
- |
- |
- |
- |
- |
Debt And Equity Securities Gain Loss |
- |
- |
- |
- |
- |
Financing Receivable And Off Balance Sheet Liability Credit Loss Expense Reversal |
- |
5.50 |
- |
0.92 |
3.18 |
Other Non-Interest Income |
7.18 |
1.57 |
7.11 |
6.10 |
4.18 |
Total Noninterest Income |
18.06 |
12.18 |
14.19 |
13.19 |
15.64 |
Total Revenues |
102.22 |
94.07 |
91.79 |
101.06 |
101.53 |
Salaries & employee benefits, SGA |
3.31 |
3.57 |
2.78 |
3.64 |
45.33 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
3.60 |
3.67 |
3.71 |
3.84 |
-4.73 |
Professional Fees |
1.97 |
1.97 |
2.07 |
1.82 |
2.14 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
1.05 |
1.03 |
1.03 |
1.01 |
0.44 |
Other Noninterest Expense |
7.07 |
7.44 |
7.28 |
6.67 |
6.57 |
Other loss/ -income |
39.21 |
35.13 |
32.76 |
34.72 |
1.53 |
Total Operating
Expenses |
56.20 |
52.80 |
49.63 |
51.70 |
51.28 |
Total Costs & Expenses |
97.80 |
88.38 |
78.84 |
73.81 |
65.43 |
Income /-loss before income taxes |
46.02 |
41.27 |
42.15 |
49.36 |
50.25 |
Income taxes expenses/-benefit |
8.98 |
7.80 |
7.69 |
9.56 |
9.98 |
Income after income taxes |
37.05 |
33.47 |
34.47 |
39.80 |
40.27 |
Net income/-loss
of other equity |
- |
- |
- |
- |
0.00 |
Income /-loss after income taxes |
37.05 |
33.47 |
34.47 |
39.80 |
40.27 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
37.05 |
33.47 |
34.47 |
39.80 |
40.27 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
37.05 |
33.47 |
34.47 |
39.80 |
40.27 |