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 |
165.44 |
167.37 |
163.73 |
151.71 |
136.85 |
Interest and Dividend Income, Securities, Operating |
12.28 |
10.93 |
10.17 |
10.99 |
10.88 |
Other Interest and Dividend Income |
1.72 |
1.69 |
1.12 |
1.41 |
0.11 |
Other Income |
8.16 |
7.13 |
7.51 |
5.53 |
4.38 |
Total Interest Income |
187.60 |
187.12 |
182.52 |
169.64 |
152.21 |
Interest Expense, Deposits |
40.17 |
36.18 |
28.10 |
20.97 |
30.18 |
Interest Expense, Long-term Debt and Capital Securities |
3.10 |
3.12 |
3.07 |
3.07 |
4.91 |
Other Intrest Expenses |
48.81 |
48.46 |
50.52 |
42.22 |
11.03 |
Total Interest Expense |
92.07 |
87.75 |
81.69 |
66.25 |
46.12 |
Net Interest Income |
95.53 |
99.36 |
100.83 |
103.39 |
106.10 |
Provision
for loan losses |
8.00 |
7.72 |
13.87 |
10.88 |
10.95 |
Total Net Interest Income |
87.53 |
91.64 |
86.96 |
92.51 |
94.82 |
Fees and Commissions |
- |
- |
- |
- |
- |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Noninterest Income, Other Operating Income |
1.00 |
1.09 |
1.27 |
3.38 |
-0.26 |
Net Gains Losses On Sales Of Other Real Estate |
- |
- |
- |
- |
- |
Provision For Unfunded Commitments |
- |
- |
- |
- |
- |
Government Guaranteed Loan Income Net |
- |
- |
- |
- |
- |
Government Guaranteed Loan Income |
- |
- |
- |
- |
8.60 |
Provision For Credit Losses On Unfunded Commitments |
- |
- |
- |
- |
0.33 |
Revenue Not From Contract With Customer Excluding Interest Income |
- |
- |
- |
- |
4.54 |
Rental Income |
- |
- |
- |
- |
- |
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal |
- |
- |
- |
- |
-6.65 |
Loss/ -Gain on Investment |
-29.42 |
-0.14 |
0.49 |
-1.52 |
-5.95 |
Other Non-Interest Income |
-9.36 |
8.72 |
11.94 |
11.67 |
-1.59 |
Interest Expense Certificates And Other Time Deposits |
- |
- |
- |
- |
15.31 |
Gain Loss On Sale Of Small Business Administration Loan Held For Sale |
2.71 |
- |
- |
- |
- |
Gain Loss On Sale Of United States Department Of Agriculture Loans Held For Sale |
17.27 |
- |
- |
- |
- |
Total Noninterest Income |
-17.79 |
9.67 |
13.69 |
13.53 |
14.33 |
Total Revenues |
69.74 |
101.32 |
100.65 |
106.04 |
109.15 |
Salaries & employee benefits, SGA |
1.95 |
2.35 |
2.63 |
1.78 |
52.60 |
Depriciation & Amortization |
2.44 |
2.44 |
2.47 |
2.50 |
2.50 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
9.24 |
9.42 |
9.54 |
9.69 |
8.58 |
Professional Fees |
7.63 |
7.28 |
6.87 |
4.39 |
4.40 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
8.03 |
6.61 |
6.69 |
5.92 |
5.26 |
Other loss/ -income |
30.96 |
31.31 |
29.01 |
32.34 |
-20.96 |
Total Operating
Expenses |
60.24 |
59.41 |
57.20 |
56.62 |
57.36 |
Total Costs & Expenses |
152.31 |
147.17 |
138.88 |
122.86 |
103.48 |
Income /-loss before income taxes |
9.50 |
41.90 |
43.46 |
49.42 |
51.79 |
Income taxes expenses/-benefit |
6.00 |
9.28 |
9.73 |
11.01 |
11.89 |
Income after income taxes |
3.50 |
32.62 |
33.73 |
38.41 |
39.90 |
Net income/-loss
of other equity |
0.00 |
0.00 |
- |
- |
- |
Income /-loss after income taxes |
3.50 |
32.62 |
33.73 |
38.41 |
39.90 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
3.50 |
32.62 |
33.73 |
38.41 |
39.90 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
3.50 |
32.62 |
33.73 |
38.41 |
39.90 |