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 |
13.76 |
13.53 |
13.00 |
14.65 |
11.51 |
Interest Income, Securities, Operating, Taxable |
1.49 |
1.50 |
1.50 |
2.29 |
1.32 |
Interest Income, Deposits with Financial Institutions |
0.07 |
0.06 |
0.06 |
0.82 |
0.68 |
Total Interest Income |
15.33 |
15.09 |
14.56 |
17.75 |
13.52 |
Interest Expense, Deposits |
1.84 |
1.94 |
1.34 |
1.19 |
0.68 |
Other Intrest Expenses |
1.57 |
0.64 |
0.27 |
0.14 |
0.11 |
Total Interest Expense |
3.41 |
2.58 |
1.61 |
1.34 |
0.79 |
Net Interest Income |
11.92 |
12.50 |
12.95 |
16.42 |
12.73 |
Provision
for loan losses |
- |
1.09 |
-0.49 |
0.31 |
0.61 |
Total Net Interest Income |
11.92 |
11.41 |
13.44 |
16.10 |
12.12 |
Fees and Commissions |
- |
- |
- |
- |
- |
Revenue From Contract With Customer Including Assessed Tax |
0.69 |
0.77 |
0.73 |
0.77 |
0.90 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
0.23 |
0.20 |
0.21 |
0.56 |
0.15 |
Gain On Fair Value Option Of Financial Liability |
- |
- |
- |
- |
- |
Gain Loss On Sale Of Other Investments |
- |
- |
- |
- |
- |
Equity Securities F V N I Unrealized Gain Loss |
- |
- |
- |
- |
- |
Fair Value Option Credit Risk Gross Losseson Assets |
- |
- |
- |
- |
- |
Gain Losson Fair Value Option of Financial Liability |
-0.81 |
-0.08 |
0.33 |
- |
-0.60 |
Equity Securities Fv Ni Unrealized Gain Loss |
-0.09 |
-0.05 |
0.04 |
- |
-0.15 |
Gain (Loss) on Disposition of Assets and Other Investments |
- |
- |
- |
-0.01 |
- |
Loss/ -Gain on Investment |
0.03 |
0.06 |
0.04 |
- |
0.03 |
Other Non-Interest Income |
-1.66 |
-0.72 |
-0.37 |
-1.40 |
-0.27 |
Interest Expense Loans From Other Federal Home Loan Banks |
1.57 |
0.64 |
0.27 |
-0.15 |
0.11 |
Regulatory Assessments Expense Benefit |
0.17 |
0.19 |
0.19 |
-0.47 |
0.21 |
Total Noninterest Income |
0.11 |
1.01 |
1.45 |
-0.70 |
0.39 |
Total Revenues |
12.04 |
12.42 |
14.89 |
15.41 |
12.52 |
Salaries & employee benefits, SGA |
3.38 |
3.30 |
3.26 |
3.57 |
2.97 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
0.98 |
0.86 |
0.96 |
0.38 |
0.92 |
Professional Fees and Commission |
1.18 |
0.91 |
0.88 |
1.40 |
1.09 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
0.56 |
0.56 |
0.60 |
0.41 |
0.64 |
Correspondent Bank Service Charges |
0.02 |
0.02 |
0.02 |
0.02 |
0.02 |
Other loss/ -income |
0.51 |
0.56 |
0.51 |
0.40 |
0.57 |
Total Operating
Expenses |
6.63 |
6.21 |
6.24 |
6.11 |
6.21 |
Total Costs & Expenses |
10.03 |
8.79 |
7.85 |
7.45 |
7.00 |
Income /-loss before income taxes |
5.41 |
6.22 |
8.65 |
9.30 |
6.30 |
Income taxes expenses/-benefit |
1.56 |
1.80 |
2.52 |
2.70 |
1.84 |
Income after income taxes |
3.85 |
4.42 |
6.13 |
6.60 |
4.47 |
Net income/-loss
of other equity |
- |
- |
0.00 |
- |
0.00 |
Income /-loss after income taxes |
3.85 |
4.42 |
6.13 |
6.60 |
4.47 |
Stockholders Equity Attributable to Noncontrolling Interest |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
3.85 |
4.42 |
6.13 |
6.60 |
4.47 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
3.85 |
4.42 |
6.13 |
6.60 |
4.47 |