INCOME STATEMENT (Quarterly GAAP In millions $) |
(Mar 31 2021) I. Quarter |
(Dec 31 2020) IV. Quarter |
(Sep 30 2020) III. Quarter |
(Jun 30 2020) II. Quarter |
(Mar 31 2020) I. Quarter |
Interest and Fee Income, Loans and Leases |
8.24 |
8.31 |
7.60 |
8.08 |
8.34 |
Interest Income, Securities, Operating, Taxable |
0.29 |
0.33 |
0.27 |
0.22 |
0.22 |
Other Interest and Dividend Income |
0.07 |
0.05 |
0.07 |
0.07 |
0.36 |
Total Interest Income |
8.61 |
8.69 |
7.94 |
8.36 |
8.92 |
Interest Expense, Deposits |
0.78 |
0.93 |
1.14 |
1.38 |
1.80 |
Interest Expense, Long-term Debt |
0.17 |
0.17 |
0.27 |
0.33 |
0.36 |
Total Interest Expense |
0.95 |
1.10 |
1.41 |
1.72 |
2.16 |
Net Interest Income |
7.66 |
7.59 |
6.53 |
6.65 |
6.76 |
Provision
for loan losses |
-0.75 |
0.05 |
0.10 |
- |
0.75 |
Total Net Interest Income |
8.41 |
7.54 |
6.43 |
6.65 |
6.01 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
- |
- |
- |
- |
- |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
0.18 |
0.02 |
0.23 |
0.17 |
0.12 |
Real Estate Commissions |
0.16 |
0.36 |
0.42 |
0.13 |
0.31 |
Gain Losson Sale of Residential Loans |
- |
- |
- |
- |
- |
Commissions Real Estate |
- |
- |
- |
- |
- |
Real Estate Management Fees |
- |
-0.32 |
- |
0.16 |
0.17 |
Gain Loss On Sale Of Loans And Leases |
- |
- |
- |
- |
- |
Gain (Loss) on Disposition of Assets and Other Investments |
- |
0.00 |
- |
- |
0.08 |
Loss/ -Gain on Investment |
4.40 |
2.92 |
2.92 |
1.99 |
1.63 |
Other Non-Interest Income |
1.02 |
1.87 |
1.14 |
0.80 |
0.72 |
Total Noninterest Income |
5.76 |
4.84 |
4.71 |
3.24 |
3.03 |
Total Revenues |
14.17 |
12.38 |
11.14 |
9.88 |
9.03 |
Salaries & employee benefits, SGA |
6.42 |
6.61 |
6.30 |
5.40 |
5.68 |
Restructuring, Accretion & impairment charges |
0.24 |
- |
- |
- |
- |
Unusual Expense /-Income |
- |
0.02 |
0.01 |
0.02 |
0.17 |
Foreclosed Real Estate Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
1.04 |
1.26 |
0.84 |
0.84 |
0.98 |
Professional Fees |
0.15 |
0.24 |
0.15 |
0.17 |
0.30 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
0.06 |
0.09 |
0.05 |
- |
- |
Other Noninterest Expense |
0.38 |
-0.26 |
0.76 |
0.73 |
0.69 |
Fdic Assessments And Regulatory Expense |
- |
-0.04 |
- |
0.04 |
- |
Credit Reports And Appraisal Fees |
0.06 |
0.08 |
0.05 |
0.04 |
0.07 |
Write Downs Losses And Costs Of Real Estate Acquired Through Foreclosure Net |
0.00 |
-0.07 |
-0.05 |
0.02 |
0.07 |
Non Interest Expense Internal Audit And Compliance |
0.13 |
- |
- |
- |
- |
Non Interest Expense Office Expense Printing And Postage |
0.09 |
- |
- |
- |
- |
Other loss/ -income |
0.24 |
1.01 |
0.25 |
0.24 |
0.29 |
Total Operating
Expenses |
8.81 |
8.95 |
8.36 |
7.49 |
8.25 |
Total Costs & Expenses |
9.76 |
10.05 |
9.77 |
9.20 |
10.41 |
Income /-loss before income taxes |
5.36 |
3.43 |
2.78 |
2.40 |
0.78 |
Income taxes expenses/-benefit |
1.45 |
0.92 |
0.88 |
0.66 |
0.21 |
Income after income taxes |
3.91 |
2.51 |
1.90 |
1.74 |
0.57 |
Net income/-loss
of other equity |
0.00 |
0.00 |
0.00 |
- |
0.00 |
Income /-loss after income taxes |
3.91 |
2.51 |
1.90 |
1.74 |
0.57 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
3.91 |
2.51 |
1.90 |
1.74 |
0.57 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
3.91 |
2.51 |
1.90 |
1.74 |
0.57 |