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 |
Interest and Fee Income, Loans and Leases |
281.91 |
273.78 |
250.48 |
236.43 |
197.33 |
Interest and Dividend Income, Securities |
-118.48 |
44.73 |
41.06 |
39.99 |
-80.72 |
Other Income |
175.27 |
4.64 |
4.23 |
3.07 |
124.22 |
Total Interest Income |
338.70 |
323.15 |
295.78 |
279.49 |
240.83 |
Interest Expense, Deposits |
131.76 |
116.73 |
89.22 |
57.86 |
24.79 |
Interest Expense, Short-term Borrowings |
7.15 |
0.19 |
5.62 |
5.04 |
8.94 |
Other Intrest Expenses |
-3.67 |
3.67 |
0.65 |
5.11 |
-2.78 |
Total Interest Expense |
135.25 |
120.59 |
95.49 |
68.02 |
30.94 |
Net Interest Income |
203.45 |
202.56 |
200.29 |
211.47 |
209.89 |
Provision
for loan losses |
14.63 |
30.27 |
22.75 |
21.78 |
19.83 |
Total Net Interest Income |
188.83 |
172.29 |
177.53 |
189.69 |
190.06 |
Investment Banking, Advisory, Brokerage, and Underwriting Fees and Commissions |
5.97 |
6.45 |
5.60 |
5.72 |
5.84 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
4.83 |
3.38 |
9.14 |
6.98 |
-7.99 |
Gain On Purchase Of Business |
- |
- |
- |
- |
- |
Fees Revenue Loss From Prepayment Of Debt |
- |
- |
- |
- |
- |
Other Lending And Loan Servicing Fees |
- |
2.99 |
2.98 |
4.02 |
2.49 |
Federal Funds Sold Commercial Paper And Deposits In Banks |
- |
4.64 |
4.23 |
3.07 |
2.72 |
Release Of Provision For Credit Losses |
- |
- |
- |
- |
- |
Revenue From Contract With Customer Excluding Assessed Tax |
- |
- |
- |
- |
- |
Mortgage Loan Fees And Other Fees |
- |
- |
- |
- |
- |
Gain Loss On Sale Of Loans And Leases |
- |
- |
- |
- |
- |
Debt Securities Available For Sale Realized Gain Loss |
- |
- |
- |
-1.64 |
-0.18 |
Loss/ -Gain on Investment |
- |
2.69 |
2.31 |
1.92 |
1.50 |
Other Non-Interest Income |
-33.88 |
11.84 |
12.13 |
10.15 |
28.98 |
Total Noninterest Income |
-23.09 |
31.98 |
36.39 |
30.21 |
33.35 |
Total Revenues |
165.74 |
204.27 |
213.92 |
219.90 |
223.41 |
Salaries & employee benefits, SGA |
2.56 |
2.25 |
2.31 |
2.35 |
138.19 |
Restructuring, Accretion & impairment charges |
5.77 |
9.17 |
3.65 |
8.63 |
1.47 |
Depriciation & Amortization |
4.06 |
4.17 |
3.42 |
3.53 |
1.62 |
Foreclosed Real Estate Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
11.62 |
10.94 |
10.19 |
9.89 |
-10.06 |
Professional Fees |
7.06 |
7.01 |
6.59 |
6.07 |
5.50 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Supplies and Postage Expense |
2.16 |
2.39 |
2.38 |
2.54 |
2.44 |
Federal Deposit Insurance Corporation Premium Expense |
14.99 |
4.31 |
4.14 |
4.00 |
3.10 |
Other Noninterest Expense |
7.32 |
6.90 |
7.53 |
8.35 |
8.07 |
Noninterest Expense Outside Services Electronic Banking |
2.93 |
2.56 |
2.66 |
3.43 |
3.95 |
Other loss/ -income |
96.13 |
94.77 |
89.52 |
91.03 |
-43.13 |
Total Operating
Expenses |
154.59 |
144.47 |
132.41 |
139.81 |
117.33 |
Total Costs & Expenses |
289.83 |
265.07 |
227.90 |
207.82 |
148.27 |
Income /-loss before income taxes |
11.15 |
59.79 |
81.51 |
80.09 |
106.08 |
Income taxes expenses/-benefit |
-2.94 |
11.93 |
18.23 |
17.79 |
24.63 |
Income after income taxes |
12.60 |
46.78 |
61.23 |
60.24 |
79.28 |
Net income/-loss
of other equity |
-1.49 |
-1.09 |
-2.06 |
-2.06 |
-2.17 |
Income /-loss after income taxes |
12.60 |
46.78 |
61.23 |
60.24 |
79.28 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
12.60 |
46.78 |
61.23 |
60.24 |
79.28 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
12.60 |
46.78 |
61.23 |
60.24 |
79.28 |