INCOME STATEMENT (Quarterly GAAP In millions $) |
(Jun 30 2019) II. Quarter |
(Mar 31 2019) I. Quarter |
(Dec 31 2018) IV. Quarter |
(Sep 30 2018) III. Quarter |
(Jun 30 2018) II. Quarter |
Interest and Fee Income, Loans and Leases |
65.65 |
64.76 |
63.23 |
61.06 |
57.96 |
Interest and Dividend Income, Securities |
7.41 |
8.23 |
8.75 |
8.92 |
9.06 |
Interest Income, Deposits with Financial Institutions |
0.34 |
0.23 |
0.25 |
0.21 |
0.11 |
Total Interest Income |
73.41 |
73.21 |
72.22 |
70.19 |
67.13 |
Interest Expense, Deposits |
20.56 |
19.93 |
18.18 |
15.77 |
12.86 |
Interest Expense, Borrowings |
5.83 |
6.35 |
5.68 |
6.00 |
6.09 |
Total Interest Expense |
26.40 |
26.28 |
23.86 |
21.76 |
18.95 |
Net Interest Income |
47.01 |
46.94 |
48.36 |
48.43 |
48.18 |
Provision
for loan losses |
2.47 |
2.04 |
2.62 |
2.01 |
2.35 |
Total Net Interest Income |
44.54 |
44.89 |
45.74 |
46.42 |
45.83 |
Bank Servicing Fees |
- |
- |
-6.16 |
- |
- |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Bank Owned Life Insurance Income |
- |
- |
- |
- |
- |
Non Interest Income Expense Other |
-0.05 |
0.12 |
0.21 |
0.27 |
0.20 |
Income Loss From Limited Partnership Investments Net Of Tax |
-7.90 |
-0.60 |
-0.41 |
-0.22 |
-0.96 |
Loss/ -Gain on Investment |
-0.41 |
0.59 |
2.31 |
1.49 |
0.85 |
Other Non-Interest Income |
7.68 |
6.92 |
12.02 |
6.57 |
6.60 |
Bank Owned Life Insurance Including Income From Death Benefit |
1.52 |
1.95 |
1.52 |
1.46 |
1.67 |
Total Noninterest Income |
0.84 |
8.98 |
9.49 |
9.56 |
8.36 |
Total Revenues |
45.38 |
53.87 |
55.24 |
55.98 |
54.19 |
Salaries & employee benefits, SGA |
22.71 |
23.06 |
26.45 |
23.76 |
23.30 |
Depriciation & Amortization |
0.39 |
0.42 |
0.42 |
0.29 |
0.31 |
Foreclosed Real Estate Expense |
- |
- |
- |
- |
- |
Occupancy, Net |
5.11 |
5.54 |
6.38 |
4.49 |
4.67 |
Professional Fees |
2.41 |
1.29 |
1.14 |
1.01 |
1.11 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
0.77 |
0.66 |
0.61 |
0.66 |
0.74 |
Other Noninterest Expense |
5.87 |
6.18 |
6.41 |
6.53 |
6.09 |
Service Bureau Fees |
2.20 |
2.04 |
2.31 |
2.21 |
2.17 |
Total Operating
Expenses |
39.46 |
39.19 |
43.72 |
38.94 |
38.37 |
Total Costs & Expenses |
65.85 |
65.46 |
67.58 |
60.71 |
57.32 |
Income /-loss before income taxes |
5.92 |
14.69 |
11.52 |
17.03 |
15.82 |
Income taxes expenses/-benefit |
9.17 |
2.03 |
-0.65 |
0.73 |
0.18 |
Income after income taxes |
-3.25 |
12.66 |
12.17 |
16.31 |
15.65 |
Net income/-loss
of other equity |
- |
- |
0.00 |
- |
0.00 |
Income /-loss after income taxes |
-3.25 |
12.66 |
12.17 |
16.31 |
15.65 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
-3.25 |
12.66 |
12.17 |
16.31 |
15.65 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
-3.25 |
12.66 |
12.17 |
16.31 |
15.65 |