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 |
Total Interest Income |
35.72 |
-7.10 |
-6.94 |
0.00 |
0.00 |
Other Intrest Expenses |
-38.73 |
- |
- |
38.73 |
260.20 |
Total Interest Expense |
8.13 |
7.57 |
9.30 |
13.76 |
13.53 |
Total Interest Expense |
-25.03 |
- |
- |
25.03 |
6.02 |
Net Interest Income |
10.69 |
-7.10 |
-6.94 |
25.03 |
19.99 |
Provision
for loan losses |
- |
- |
- |
- |
- |
Total Net Interest Income |
10.69 |
-7.10 |
-6.94 |
25.03 |
19.99 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
- |
- |
- |
- |
- |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
- |
- |
- |
- |
- |
Total Noninterest Income |
299.14 |
162.29 |
189.39 |
- |
- |
Total Revenues |
134.35 |
155.19 |
182.45 |
200.51 |
202.06 |
Salaries & employee benefits, SGA |
83.17 |
97.24 |
116.07 |
137.11 |
-60.41 |
Restructuring, Accretion & impairment charges |
-0.35 |
40.56 |
4.05 |
4.47 |
-0.69 |
Depriciation & Amortization |
4.83 |
4.76 |
4.68 |
4.80 |
9.92 |
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 |
- |
- |
- |
- |
- |
Other loss/ -income |
220.24 |
164.63 |
57.55 |
-51.89 |
-2.04 |
Total Operating
Expenses |
307.89 |
307.19 |
182.34 |
- |
- |
Total Costs & Expenses |
161.44 |
189.18 |
175.84 |
186.66 |
213.39 |
Income /-loss before income taxes |
13.12 |
-152.00 |
0.11 |
13.85 |
-11.34 |
Income taxes expenses/-benefit |
0.40 |
-3.53 |
0.23 |
0.40 |
-0.94 |
Income after income taxes |
12.72 |
-148.47 |
-0.12 |
13.46 |
-10.40 |
Net income/-loss
of other equity |
- |
- |
- |
- |
0.00 |
Income /-loss after income taxes |
12.72 |
-148.47 |
-0.12 |
13.46 |
-10.40 |
Noncontrolling Interest in Variable Interest Entity |
- |
- |
- |
- |
- |
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent |
- |
- |
- |
- |
0.00 |
Income Loss From Discontinued Operations Net Of Applicable Taxes |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
12.72 |
-148.47 |
-0.12 |
13.46 |
-10.40 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
12.72 |
-148.47 |
-0.12 |
13.46 |
-10.40 |