INCOME STATEMENT (Quarterly GAAP In millions $) |
(Jun 30 2024) III. Quarter |
(Mar 31 2024) II. Quarter |
(Dec 31 2023) I. Quarter |
(Sep 30 2023) IV. Quarter |
(Jun 30 2023) III. Quarter |
Interest and Fee Income, Loans and Leases |
19.54 |
18.91 |
18.40 |
17.53 |
16.22 |
Interest Income, Securities, Mortgage Backed |
2.34 |
2.25 |
2.31 |
2.33 |
2.38 |
Interest Income, Deposits with Financial Institutions |
2.17 |
1.92 |
1.70 |
1.62 |
1.22 |
Other Income |
0.09 |
0.08 |
0.09 |
0.08 |
0.07 |
Total Interest Income |
24.14 |
23.16 |
22.50 |
21.56 |
19.89 |
Interest Expense, Deposits |
7.94 |
7.30 |
6.14 |
4.57 |
3.12 |
Interest Expense, Federal Home Loan Bank and Federal Reserve Bank Advances, Long-term |
0.22 |
0.22 |
0.35 |
0.16 |
0.13 |
Total Interest Expense |
8.16 |
7.52 |
6.49 |
4.73 |
3.26 |
Net Interest Income |
15.98 |
15.64 |
16.00 |
16.83 |
16.63 |
Provision
for loan losses |
0.24 |
0.08 |
0.34 |
0.52 |
0.61 |
Total Net Interest Income |
15.74 |
15.55 |
15.67 |
16.31 |
16.02 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
- |
- |
- |
- |
- |
Revenue From Contract With Customer Including Assessed Tax |
1.01 |
0.99 |
1.02 |
1.01 |
0.97 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
0.23 |
0.20 |
0.25 |
0.22 |
0.21 |
Valuation Allowance For Impairment Of Recognized Servicing Assets Period Increase Decrease |
- |
- |
- |
- |
- |
Asset Management Fees |
- |
- |
- |
- |
- |
Marketable Securities Realized Losses Recoveries Otherthan Temporary Impairments Amount |
- |
- |
- |
- |
- |
Otherthan Temporary Impairment Losses Recoveries Investments Portion Recognizedin Earnings Net |
0.00 |
0.00 |
0.01 |
0.00 |
0.00 |
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal |
0.26 |
0.17 |
0.38 |
- |
- |
Debt Securities Held To Maturity Excluding Accrued Interest Credit Loss Expense Reversal |
-0.01 |
0.00 |
-0.01 |
- |
- |
Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal |
-0.01 |
-0.09 |
-0.03 |
- |
- |
Allowance For Credit Loss Expense Reversal |
0.24 |
0.08 |
0.34 |
- |
- |
Gain (Loss) on Disposition of Assets and Other Investments |
0.00 |
- |
- |
0.01 |
-0.03 |
Loss/ -Gain on Investment |
0.09 |
0.08 |
0.09 |
0.09 |
0.17 |
Other Non-Interest Income |
0.81 |
1.05 |
0.65 |
1.86 |
1.44 |
Loan Portfolio Expense Net Of Recoveries |
0.16 |
0.13 |
0.11 |
-0.26 |
0.13 |
Total Noninterest Income |
2.79 |
2.62 |
2.80 |
2.92 |
2.88 |
Total Revenues |
18.53 |
18.17 |
18.47 |
19.23 |
18.90 |
Salaries & employee benefits, SGA |
5.93 |
6.02 |
5.91 |
5.76 |
5.86 |
Depriciation & Amortization |
1.01 |
1.08 |
0.97 |
0.98 |
1.01 |
Foreclosed Real Estate Expense |
- |
- |
- |
- |
- |
Information Technology and Data Processing |
1.09 |
1.04 |
0.97 |
0.93 |
0.94 |
Professional Fees and Commission |
0.34 |
0.32 |
0.25 |
0.60 |
0.58 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Postage Expense |
0.13 |
0.15 |
0.13 |
0.14 |
0.13 |
Federal Deposit Insurance Corporation Premium Expense |
0.21 |
0.21 |
0.21 |
0.19 |
0.19 |
Other Noninterest Expense |
0.59 |
0.58 |
0.58 |
0.74 |
0.66 |
Other loss/ -income |
1.79 |
1.60 |
1.60 |
1.63 |
1.56 |
Total Operating
Expenses |
11.07 |
10.99 |
10.62 |
10.97 |
10.93 |
Total Costs & Expenses |
19.23 |
18.51 |
17.12 |
15.70 |
14.18 |
Income /-loss before income taxes |
7.46 |
7.18 |
7.84 |
8.27 |
7.97 |
Income taxes expenses/-benefit |
1.54 |
1.47 |
1.55 |
1.62 |
1.67 |
Income after income taxes |
5.92 |
5.71 |
6.30 |
6.64 |
6.31 |
Net income/-loss
of other equity |
0.00 |
- |
0.00 |
0.00 |
0.00 |
Income /-loss after income taxes |
5.92 |
5.71 |
6.30 |
6.64 |
6.31 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
5.92 |
5.71 |
6.30 |
6.64 |
6.31 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
5.92 |
5.71 |
6.30 |
6.64 |
6.31 |