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 |
58.96 |
59.67 |
57.26 |
52.54 |
51.28 |
Interest and Dividend Income, Securities, Operating |
5.24 |
5.21 |
5.23 |
4.11 |
3.37 |
Interest Income, Domestic Deposits |
3.51 |
3.10 |
2.96 |
2.99 |
2.89 |
Interest Income, Purchased Receivables |
40.72 |
39.16 |
39.82 |
40.90 |
48.64 |
Other Income |
0.29 |
0.40 |
0.22 |
0.13 |
0.08 |
Total Interest Income |
108.73 |
107.53 |
105.49 |
100.67 |
106.27 |
Interest Expense, Domestic Deposits |
11.77 |
12.47 |
6.88 |
3.20 |
3.03 |
Interest Expense, Long-term Debt and Capital Securities |
1.32 |
1.32 |
1.31 |
1.31 |
0.30 |
Interest Expense, Other |
2.57 |
1.25 |
4.76 |
1.75 |
0.30 |
Other Intrest Expenses |
1.16 |
1.17 |
1.09 |
1.03 |
1.94 |
Total Interest Expense |
16.81 |
16.21 |
14.04 |
7.29 |
5.56 |
Net Interest Income |
91.92 |
91.33 |
91.45 |
93.38 |
100.72 |
Provision
for loan losses |
6.14 |
0.81 |
2.64 |
2.61 |
0.88 |
Total Net Interest Income |
85.78 |
90.52 |
88.81 |
90.77 |
99.84 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
-0.09 |
0.20 |
0.09 |
-0.08 |
-3.17 |
Revenue From Contract With Customer Excluding Assessed Tax |
1.79 |
1.73 |
1.77 |
1.71 |
1.66 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
0.82 |
0.23 |
-1.23 |
-0.32 |
1.52 |
Debt Securities Realized Gain Loss |
0.10 |
0.01 |
- |
- |
0.00 |
Interest And Dividend Income Federal Home Loan Bank Stock |
- |
- |
- |
- |
- |
Interest And Dividend Income Federal Home Loan Bank And Federal Reserve Bank Stock |
- |
- |
- |
- |
- |
Interest And Dividend Income Federal Home Loan Bank Stock And Other Restricted Stock |
0.29 |
0.40 |
0.22 |
0.13 |
0.08 |
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal |
6.14 |
0.81 |
2.64 |
2.61 |
6.93 |
Other Non-Interest Income |
5.19 |
10.04 |
8.02 |
6.97 |
5.10 |
Total Noninterest Income |
14.23 |
13.41 |
11.51 |
11.02 |
12.12 |
Total Revenues |
100.01 |
103.93 |
100.32 |
101.79 |
111.96 |
Salaries & employee benefits, SGA |
1.98 |
1.84 |
1.58 |
1.34 |
97.86 |
Depriciation & Amortization |
2.75 |
2.85 |
3.00 |
2.85 |
2.84 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
7.35 |
7.54 |
7.29 |
6.70 |
-11.93 |
Professional Fees |
3.12 |
3.94 |
3.04 |
3.09 |
4.12 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
0.80 |
0.68 |
0.80 |
0.35 |
0.36 |
Other Noninterest Expense |
7.84 |
7.74 |
9.08 |
9.42 |
8.73 |
Other loss/ -income |
63.46 |
61.67 |
65.62 |
65.54 |
-20.89 |
Total Operating
Expenses |
87.30 |
86.26 |
90.40 |
89.28 |
86.77 |
Total Costs & Expenses |
104.11 |
102.47 |
104.43 |
96.57 |
92.33 |
Income /-loss before income taxes |
12.72 |
17.67 |
9.92 |
12.51 |
25.19 |
Income taxes expenses/-benefit |
3.09 |
4.87 |
2.27 |
1.50 |
7.63 |
Income after income taxes |
9.63 |
12.79 |
7.65 |
11.01 |
17.56 |
Net income/-loss
of other equity |
0.00 |
- |
- |
- |
- |
Income /-loss after income taxes |
9.63 |
12.79 |
7.65 |
11.01 |
17.56 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
9.63 |
12.79 |
7.65 |
11.01 |
17.56 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
-0.80 |
-0.80 |
-0.80 |
-0.80 |
-0.80 |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
8.83 |
11.99 |
6.85 |
10.21 |
16.76 |