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 |
13.75 |
14.89 |
12.77 |
11.83 |
11.02 |
Interest and Dividend Income, Securities |
3.18 |
3.21 |
3.28 |
3.31 |
2.94 |
Interest Income, Federal Funds Sold |
0.13 |
0.01 |
- |
0.43 |
0.30 |
Interest Income, Other Domestic Deposits |
0.06 |
0.12 |
0.26 |
0.49 |
0.62 |
Other Income |
0.09 |
0.10 |
0.07 |
0.21 |
0.07 |
Total Interest Income |
17.21 |
18.33 |
16.37 |
16.28 |
14.95 |
Interest Expense, Deposits |
2.69 |
1.78 |
0.65 |
0.16 |
0.15 |
Interest Expense, Short-term Borrowings |
0.02 |
0.44 |
- |
- |
- |
Other Intrest Expenses |
3.32 |
2.34 |
2.31 |
0.73 |
0.52 |
Total Interest Expense |
6.11 |
4.63 |
2.96 |
0.89 |
0.67 |
Net Interest Income |
11.10 |
13.70 |
13.41 |
15.38 |
14.28 |
Provision
for loan losses |
-0.07 |
0.26 |
-0.25 |
0.14 |
0.04 |
Total Net Interest Income |
11.17 |
13.44 |
13.66 |
15.25 |
14.24 |
Investment Banking, Advisory, Brokerage, and Underwriting Fees and Commissions |
0.42 |
0.40 |
0.40 |
0.72 |
0.59 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
0.17 |
0.35 |
0.39 |
-0.05 |
0.14 |
Marketable Securities Realized Gain Loss On Sales And Calls |
- |
- |
- |
- |
- |
Loan Swap Fee Income |
- |
- |
- |
- |
- |
Gain Loss On Sale Of Investments |
- |
- |
- |
- |
- |
Royalty Income |
- |
- |
- |
- |
- |
Trust Income |
- |
- |
- |
- |
- |
Advisory And Brokerage Income |
- |
- |
- |
0.13 |
0.21 |
Investment Management Income |
- |
- |
- |
- |
- |
Resolution Of Commercial Dispute |
- |
- |
- |
- |
- |
Gain (Loss) on Disposition of Assets and Other Investments |
0.13 |
- |
- |
-0.07 |
0.00 |
Other Non-Interest Income |
1.47 |
0.81 |
-1.16 |
1.06 |
0.42 |
Interest Expense Dem and And Savings Deposits |
- |
- |
1.86 |
0.68 |
0.47 |
Core Deposit Intangible Amortization |
0.37 |
0.38 |
0.39 |
0.40 |
0.42 |
Interest Income Expenses Borrowings |
- |
- |
0.39 |
0.05 |
0.05 |
Interest Expense Dem and Deposits |
0.08 |
0.11 |
- |
- |
- |
Total Noninterest Income |
2.64 |
2.05 |
2.28 |
2.93 |
2.30 |
Total Revenues |
13.82 |
15.49 |
15.94 |
18.18 |
16.54 |
Salaries & employee benefits, SGA |
0.26 |
0.28 |
0.38 |
8.47 |
0.35 |
Restructuring, Accretion & impairment charges |
- |
- |
- |
0.24 |
- |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
0.99 |
0.93 |
1.18 |
-0.71 |
1.32 |
Professional Fees |
0.20 |
0.20 |
0.19 |
0.31 |
0.31 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
0.22 |
0.22 |
0.10 |
0.09 |
0.07 |
Other Noninterest Expense |
1.02 |
0.97 |
1.04 |
1.91 |
1.15 |
Non Interest Expense Bank Franchise Tax |
0.29 |
0.31 |
0.32 |
0.30 |
0.30 |
Non Interest Expense Computer Software |
0.19 |
0.20 |
0.20 |
0.23 |
0.29 |
Debit Credit Card And Atm Expenses |
- |
- |
0.05 |
- |
- |
Plastics Expense |
0.05 |
0.03 |
- |
- |
- |
Other loss/ -income |
5.12 |
5.42 |
5.40 |
-1.81 |
5.72 |
Total Operating
Expenses |
8.34 |
8.56 |
8.86 |
9.52 |
9.50 |
Total Costs & Expenses |
14.45 |
13.19 |
11.82 |
10.41 |
10.17 |
Income /-loss before income taxes |
5.48 |
6.92 |
7.08 |
8.66 |
7.04 |
Income taxes expenses/-benefit |
0.82 |
1.27 |
1.29 |
1.60 |
1.26 |
Income after income taxes |
4.65 |
5.65 |
5.79 |
7.06 |
5.77 |
Net income/-loss
of other equity |
0.00 |
- |
0.00 |
- |
- |
Income /-loss after income taxes |
4.65 |
5.65 |
5.79 |
7.06 |
5.77 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
4.65 |
5.65 |
5.79 |
7.06 |
5.77 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
4.65 |
5.65 |
5.79 |
7.06 |
5.77 |