INCOME STATEMENT (Annual GAAP In millions $) |
(Dec 31 2022) 2022 |
(Dec 31 2021) 2021 |
(Dec 31 2020) 2020 |
(Dec 31 2019) 2019 |
(Dec 31 2018) 2018 |
Interest and Fee Income, Loans and Leases |
31.20 |
33.72 |
35.70 |
32.87 |
2.38 |
Interest and Dividend Income, Securities |
3.71 |
4.83 |
4.08 |
4.31 |
0.11 |
Interest Income, Federal Funds Sold |
- |
- |
- |
- |
0.13 |
Interest Income, Deposits |
- |
- |
- |
- |
0.05 |
Other Interest and Dividend Income |
0.89 |
0.25 |
0.26 |
0.65 |
0.51 |
Other Income |
3.14 |
- |
- |
- |
-2.17 |
Total Interest Income |
38.94 |
38.80 |
40.03 |
37.82 |
0.51 |
Interest Expense, Deposits |
2.32 |
2.28 |
4.00 |
6.44 |
0.08 |
Interest Expense, Borrowings |
0.94 |
0.79 |
2.99 |
2.48 |
2.31 |
Other Intrest Expenses |
- |
- |
- |
- |
-0.08 |
Total Interest Expense |
3.26 |
3.07 |
6.99 |
8.92 |
0.08 |
Net Interest Income |
35.68 |
35.74 |
33.04 |
28.90 |
2.60 |
Provision
for loan losses |
-1.00 |
0.30 |
6.20 |
0.55 |
0.32 |
Total Net Interest Income |
36.68 |
35.44 |
26.84 |
28.35 |
2.28 |
Other Revenue Expense From Real Estate Operations |
- |
- |
- |
- |
- |
Revenue From Contract With Customer Including Assessed Tax |
1.23 |
1.09 |
1.10 |
1.49 |
1.61 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
5.36 |
2.80 |
1.47 |
4.49 |
3.15 |
Debt And Equity Securities Gain Loss |
-0.11 |
- |
0.29 |
0.00 |
-0.64 |
Increase In Cash Surrender Value Of Life Insurance And Death Benefits Received |
1.17 |
- |
- |
- |
- |
Gain (Loss) on Disposition of Assets and Other Investments |
- |
- |
- |
- |
-0.01 |
Loss/ -Gain on Investment |
1.87 |
13.47 |
24.14 |
9.07 |
- |
Other Non-Interest Income |
0.44 |
-0.02 |
- |
- |
0.33 |
Total Noninterest Income |
9.95 |
17.35 |
27.00 |
15.05 |
-0.32 |
Total Revenues |
46.64 |
52.78 |
53.84 |
43.39 |
2.28 |
Salaries & employee benefits, SGA |
18.45 |
20.70 |
22.13 |
18.67 |
1.57 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Occupancy, Net |
4.44 |
4.49 |
3.63 |
3.17 |
0.97 |
Professional Fees |
- |
- |
- |
- |
0.22 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Supplies and Postage Expense |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
11.23 |
11.52 |
11.41 |
9.28 |
8.38 |
Other loss/ -income |
- |
- |
- |
- |
1.52 |
Total Operating
Expenses |
34.11 |
36.71 |
37.17 |
31.12 |
4.28 |
Total Costs & Expenses |
37.37 |
39.78 |
44.15 |
40.04 |
4.36 |
Income /-loss before income taxes |
12.52 |
16.08 |
16.68 |
12.28 |
-1.49 |
Income taxes expenses/-benefit |
1.21 |
2.49 |
2.92 |
1.62 |
1.53 |
Income after income taxes |
11.31 |
13.58 |
13.76 |
10.66 |
-1.49 |
Net income/-loss
of other equity |
0.00 |
- |
0.00 |
- |
- |
Income /-loss after income taxes |
11.31 |
13.58 |
13.76 |
10.66 |
-1.49 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
11.31 |
13.58 |
13.76 |
10.66 |
-1.49 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
11.31 |
13.58 |
13.76 |
10.66 |
-1.49 |