INCOME STATEMENT (Quarterly GAAP In millions $) |
(Dec 31 2023) I. Quarter |
(Sep 30 2023) IV. Quarter |
(Jun 30 2023) III. Quarter |
(Mar 31 2023) II. Quarter |
(Dec 31 2022) I. Quarter |
Interest and Fee Income, Loans and Leases |
162.04 |
154.76 |
144.35 |
136.84 |
129.67 |
InterestIncome Debt Securities Available For Sale Operating |
4.40 |
4.14 |
3.71 |
3.46 |
3.06 |
Other Interest and Dividend Income |
10.73 |
9.84 |
8.60 |
7.26 |
6.24 |
Total Interest Income |
177.16 |
168.74 |
156.66 |
147.55 |
138.97 |
Interest Expense, Deposits |
64.33 |
55.57 |
48.91 |
39.88 |
29.86 |
Interest Expense, Borrowings |
43.74 |
42.81 |
38.97 |
38.41 |
33.96 |
Total Interest Expense |
108.07 |
98.38 |
87.88 |
78.28 |
63.81 |
Net Interest Income |
69.09 |
70.36 |
68.78 |
69.27 |
75.16 |
Provision
for loan losses |
-1.00 |
0.50 |
- |
-1.00 |
-1.00 |
Total Net Interest Income |
70.09 |
69.86 |
68.78 |
70.27 |
76.16 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
- |
- |
- |
- |
- |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
0.90 |
0.95 |
1.11 |
0.70 |
0.97 |
Fees And Service Charges Net Of Amortization |
- |
- |
- |
- |
- |
Loss/ -Gain on Investment |
0.48 |
-0.12 |
0.02 |
0.58 |
0.02 |
Other Non-Interest Income |
4.94 |
4.27 |
4.71 |
4.05 |
4.17 |
Total Noninterest Income |
6.32 |
5.10 |
5.84 |
5.33 |
5.16 |
Total Revenues |
76.41 |
74.96 |
74.62 |
75.60 |
81.31 |
Salaries & employee benefits, SGA |
5.61 |
5.07 |
8.25 |
7.94 |
8.92 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
- |
- |
- |
- |
- |
Professional Fees and Commission |
- |
- |
- |
- |
- |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
6.93 |
7.24 |
8.47 |
6.96 |
6.31 |
Equipment And Software Expense |
6.85 |
-14.05 |
7.25 |
6.80 |
6.80 |
Federal Deposit Insurance Corporation Premium And Assessment To Thrift Regulatory Agency Expense |
3.78 |
-7.06 |
3.57 |
3.49 |
2.76 |
Other loss/ -income |
27.12 |
28.66 |
25.33 |
30.39 |
28.40 |
Total Operating
Expenses |
50.28 |
51.48 |
52.88 |
55.57 |
53.19 |
Total Costs & Expenses |
158.34 |
149.86 |
140.76 |
133.86 |
117.01 |
Income /-loss before income taxes |
26.13 |
23.48 |
21.75 |
20.02 |
28.12 |
Income taxes expenses/-benefit |
5.42 |
3.93 |
4.14 |
4.12 |
5.93 |
Income after income taxes |
20.71 |
19.55 |
17.60 |
15.91 |
22.19 |
Net income/-loss
of other equity |
- |
- |
- |
- |
- |
Income /-loss after income taxes |
20.71 |
19.55 |
17.60 |
15.91 |
22.19 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
20.71 |
19.55 |
17.60 |
15.91 |
22.19 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
20.71 |
19.55 |
17.60 |
15.91 |
22.19 |