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 |
114.26 |
108.70 |
102.72 |
96.22 |
83.04 |
Interest and Dividend Income, Securities |
8.07 |
8.02 |
7.67 |
6.54 |
6.69 |
Other Income |
0.63 |
0.61 |
0.51 |
0.45 |
0.11 |
Total Interest Income |
122.96 |
117.33 |
110.90 |
103.21 |
89.84 |
Interest Expense, Deposits |
24.91 |
20.10 |
14.90 |
11.07 |
5.20 |
Interest Expense, Debt |
10.66 |
9.11 |
7.21 |
3.08 |
0.84 |
Total Interest Expense |
35.57 |
29.21 |
22.11 |
14.15 |
6.04 |
Net Interest Income |
87.39 |
88.12 |
88.79 |
89.06 |
83.80 |
Provision
for loan losses |
5.50 |
10.53 |
0.92 |
3.18 |
2.50 |
Total Net Interest Income |
81.89 |
77.59 |
87.87 |
85.88 |
81.30 |
Fees and Commissions, Mortgage Banking and Servicing |
0.29 |
0.29 |
0.30 |
0.31 |
0.43 |
Revenue From Contract With Customer Excluding Assessed Tax |
4.69 |
4.65 |
4.37 |
4.42 |
4.77 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Noninterest Income, Other |
0.14 |
2.14 |
1.49 |
3.56 |
1.82 |
Asset Management Fees |
- |
- |
- |
- |
- |
Debt And Equity Securities Gain Loss |
- |
- |
- |
- |
0.20 |
Financing Receivable And Off Balance Sheet Liability Credit Loss Expense Reversal |
5.50 |
- |
0.92 |
3.18 |
2.50 |
Other Non-Interest Income |
1.57 |
7.11 |
6.10 |
4.18 |
5.05 |
Total Noninterest Income |
12.18 |
14.19 |
13.19 |
15.64 |
14.76 |
Total Revenues |
94.07 |
91.79 |
101.06 |
101.53 |
96.06 |
Salaries & employee benefits, SGA |
3.57 |
2.78 |
3.64 |
45.33 |
2.93 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
3.67 |
3.71 |
3.84 |
-4.73 |
3.49 |
Professional Fees |
1.97 |
2.07 |
1.82 |
2.14 |
1.85 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
1.03 |
1.03 |
1.01 |
0.44 |
0.60 |
Other Noninterest Expense |
7.44 |
7.28 |
6.67 |
6.57 |
6.93 |
Other loss/ -income |
35.13 |
32.76 |
34.72 |
1.53 |
33.84 |
Total Operating
Expenses |
52.80 |
49.63 |
51.70 |
51.28 |
49.63 |
Total Costs & Expenses |
88.38 |
78.84 |
73.81 |
65.43 |
55.67 |
Income /-loss before income taxes |
41.27 |
42.15 |
49.36 |
50.25 |
46.43 |
Income taxes expenses/-benefit |
7.80 |
7.69 |
9.56 |
9.98 |
9.18 |
Income after income taxes |
33.47 |
34.47 |
39.80 |
40.27 |
37.25 |
Net income/-loss
of other equity |
- |
- |
- |
0.00 |
0.00 |
Income /-loss after income taxes |
33.47 |
34.47 |
39.80 |
40.27 |
37.25 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
33.47 |
34.47 |
39.80 |
40.27 |
37.25 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
33.47 |
34.47 |
39.80 |
40.27 |
37.25 |