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 |
110.59 |
107.38 |
106.26 |
94.52 |
75.58 |
Interest and Dividend Income, Securities |
0.04 |
0.04 |
0.03 |
-10.30 |
0.03 |
Interest Income, Deposits with Financial Institutions |
8.69 |
9.00 |
6.59 |
3.89 |
1.53 |
Other Income |
9.65 |
9.87 |
9.30 |
18.81 |
6.79 |
Total Interest Income |
128.97 |
126.29 |
122.18 |
106.91 |
83.92 |
Interest Expense, Deposits |
38.43 |
37.42 |
34.46 |
27.88 |
16.07 |
Interest Expense, Short-term Borrowings |
- |
- |
0.23 |
0.27 |
1.24 |
Interest Expense, Long-term Debt and Capital Securities |
0.29 |
0.27 |
0.26 |
-2.33 |
0.18 |
Other Intrest Expenses |
0.13 |
0.13 |
0.13 |
4.34 |
0.51 |
Total Interest Expense |
40.09 |
39.10 |
36.36 |
30.15 |
19.26 |
Net Interest Income |
88.88 |
87.20 |
85.82 |
76.76 |
64.66 |
Provision
for loan losses |
1.75 |
0.36 |
1.90 |
6.23 |
0.82 |
Total Net Interest Income |
87.13 |
86.83 |
83.91 |
70.53 |
63.84 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
- |
- |
- |
- |
- |
Revenue From Contract With Customer Including Assessed Tax |
2.55 |
2.43 |
2.17 |
2.38 |
2.23 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Noninterest Income, Other |
0.42 |
1.30 |
0.28 |
0.46 |
0.23 |
Leasing Income |
1.77 |
1.51 |
1.49 |
1.26 |
1.05 |
Debit Card Income |
- |
- |
- |
- |
- |
Affinity Fees |
- |
- |
- |
- |
- |
Debt And Equity Securities Gain Loss |
- |
- |
- |
- |
- |
Loss/ -Gain on Investment |
0.53 |
1.92 |
1.73 |
5.72 |
0.75 |
Other Non-Interest Income |
16.64 |
17.22 |
18.76 |
14.83 |
14.84 |
Non Interest Expense Software |
4.43 |
4.32 |
4.24 |
4.18 |
4.00 |
Non Interest Expenses General Consulting |
0.45 |
0.64 |
0.32 |
0.36 |
0.34 |
Total Noninterest Income |
26.78 |
29.34 |
28.99 |
29.19 |
23.43 |
Total Revenues |
113.91 |
116.17 |
112.90 |
99.72 |
87.26 |
Salaries & employee benefits, SGA |
30.48 |
33.17 |
29.79 |
25.14 |
28.00 |
Unusual Expense /-Income |
1.20 |
0.95 |
0.96 |
0.70 |
0.91 |
Depriciation & Amortization |
0.64 |
0.68 |
0.72 |
0.48 |
0.69 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
2.91 |
2.76 |
2.72 |
1.86 |
2.56 |
Professional Fees |
0.45 |
0.42 |
0.39 |
0.42 |
0.37 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
0.81 |
0.47 |
0.96 |
0.94 |
0.68 |
Other Noninterest Expense |
4.16 |
4.48 |
5.00 |
4.02 |
3.61 |
Other loss/ -income |
6.81 |
7.02 |
7.50 |
9.92 |
8.03 |
Total Operating
Expenses |
47.46 |
49.94 |
48.03 |
43.48 |
44.83 |
Total Costs & Expenses |
87.55 |
89.04 |
84.39 |
73.63 |
64.09 |
Income /-loss before income taxes |
66.45 |
66.23 |
64.87 |
56.25 |
42.43 |
Income taxes expenses/-benefit |
16.31 |
17.22 |
15.75 |
16.01 |
11.83 |
Income after income taxes |
50.14 |
49.01 |
49.12 |
40.24 |
30.60 |
Net income/-loss
of other equity |
0.00 |
- |
- |
- |
- |
Income /-loss after income taxes |
50.14 |
49.01 |
49.12 |
40.24 |
30.60 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Discontinued Operations Income Tax Expense Benefit |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
50.14 |
49.01 |
49.12 |
40.24 |
30.60 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
50.14 |
49.01 |
49.12 |
40.24 |
30.60 |