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 |
92.97 |
90.97 |
85.32 |
78.66 |
73.09 |
Interest and Dividend Income, Securities |
0.01 |
0.02 |
0.01 |
0.02 |
-5.09 |
Other Interest and Dividend Income |
0.77 |
0.71 |
0.78 |
0.61 |
-0.69 |
Other Income |
7.48 |
5.41 |
4.02 |
3.97 |
10.09 |
Total Interest Income |
101.23 |
97.11 |
90.14 |
83.25 |
77.40 |
Interest Expense, Deposits |
-44.66 |
37.08 |
27.47 |
18.34 |
-6.35 |
Interest Expense, Short-term Borrowings |
0.00 |
1.12 |
3.25 |
2.73 |
-2.44 |
Other Intrest Expenses |
93.13 |
5.32 |
5.09 |
2.87 |
24.28 |
Total Interest Expense |
48.47 |
43.52 |
35.81 |
23.94 |
15.49 |
Net Interest Income |
52.76 |
53.59 |
54.33 |
59.32 |
61.92 |
Provision
for loan losses |
1.93 |
2.02 |
3.43 |
3.39 |
5.42 |
Total Net Interest Income |
50.83 |
51.57 |
50.90 |
55.93 |
56.50 |
Insurance Commissions and Fees |
4.60 |
4.85 |
5.11 |
6.49 |
4.42 |
Revenue From Contract With Customer Including Assessed Tax |
1.94 |
1.91 |
1.92 |
1.96 |
1.81 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
0.96 |
0.23 |
1.22 |
0.47 |
0.76 |
Commissions And Fees From Investment Advisory And Management Services And Securities Brokerage Activities |
- |
- |
- |
- |
- |
Disaggregation Of Revenue Line Items |
- |
- |
- |
- |
- |
Debt And Equity Securities Gain Loss |
- |
- |
- |
- |
- |
Other Non-Interest Income |
10.10 |
10.27 |
10.29 |
9.89 |
12.73 |
Gain Loss On Mortgage Banking Activities Net |
0.81 |
1.22 |
1.04 |
0.63 |
0.44 |
Intangible Expenses Income |
0.21 |
0.22 |
0.25 |
0.25 |
0.30 |
Total Noninterest Income |
18.62 |
18.69 |
19.83 |
19.68 |
20.46 |
Total Revenues |
69.45 |
70.26 |
70.74 |
75.61 |
76.96 |
Salaries & employee benefits, SGA |
0.63 |
0.56 |
0.62 |
0.37 |
56.64 |
Restructuring, Accretion & impairment charges |
0.19 |
- |
1.33 |
- |
0.18 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
2.75 |
2.59 |
2.61 |
2.73 |
-4.72 |
Professional Fees |
1.77 |
1.76 |
1.67 |
1.94 |
1.83 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
1.35 |
1.26 |
1.12 |
1.10 |
0.71 |
Other Noninterest Expense |
7.31 |
7.34 |
7.20 |
7.10 |
6.97 |
Other loss/ -income |
35.04 |
35.47 |
35.25 |
36.29 |
-14.65 |
Total Operating
Expenses |
49.05 |
48.99 |
49.80 |
49.53 |
47.33 |
Total Costs & Expenses |
97.52 |
92.50 |
85.61 |
73.47 |
62.81 |
Income /-loss before income taxes |
20.40 |
21.27 |
20.94 |
26.08 |
29.63 |
Income taxes expenses/-benefit |
4.15 |
4.25 |
4.14 |
5.05 |
5.80 |
Income after income taxes |
16.25 |
17.02 |
16.80 |
21.03 |
23.84 |
Net income/-loss
of other equity |
0.00 |
- |
- |
- |
0.00 |
Income /-loss after income taxes |
16.25 |
17.02 |
16.80 |
21.03 |
23.84 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
16.25 |
17.02 |
16.80 |
21.03 |
23.84 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
16.25 |
17.02 |
16.80 |
21.03 |
23.84 |