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 Held-in-portfolio |
11.61 |
11.93 |
11.85 |
11.74 |
12.20 |
Interest and Dividend Income, Securities |
47.78 |
47.99 |
47.45 |
46.81 |
41.80 |
Interest Income, Deposits with Financial Institutions |
2.69 |
3.93 |
2.11 |
1.94 |
2.57 |
Other Income |
8.97 |
9.00 |
9.08 |
9.13 |
12.63 |
Total Interest Income |
71.05 |
72.85 |
70.49 |
69.62 |
69.20 |
Interest Expense, Deposits |
1.64 |
1.10 |
0.58 |
0.46 |
0.46 |
Interest Expense, Short-term Borrowings |
0.04 |
0.04 |
0.03 |
0.01 |
0.01 |
Total Interest Expense |
1.68 |
1.13 |
0.61 |
0.47 |
0.48 |
Net Interest Income |
69.37 |
71.72 |
69.88 |
69.15 |
68.72 |
Provision
for loan losses |
- |
0.40 |
- |
-1.55 |
- |
Total Net Interest Income |
69.37 |
71.32 |
69.88 |
70.70 |
68.72 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
- |
- |
- |
- |
- |
Revenue From Contract With Customer Including Assessed Tax |
3.54 |
3.71 |
3.46 |
3.47 |
3.48 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
0.62 |
0.71 |
0.67 |
0.90 |
0.65 |
Merchant Credit Card Processing Fees |
- |
- |
- |
- |
- |
Debit Card Fees |
- |
- |
- |
- |
- |
Atm And Interchange Fees |
- |
- |
- |
- |
- |
Financial Services Commissions |
- |
- |
- |
- |
- |
Reversal Of Provision For Loan And Lease Losses |
- |
- |
- |
- |
- |
Interest And Dividend Income Equity Securities Operating |
0.17 |
0.15 |
0.15 |
0.15 |
0.15 |
Interest And Dividend Income Securities Operating Debt Available For Sale |
- |
- |
- |
- |
- |
Unrealized Gain Loss On Securities |
- |
- |
- |
- |
- |
Other Non-Interest Income |
4.53 |
4.53 |
4.37 |
3.99 |
1.19 |
Contract Courier Expense |
0.68 |
0.75 |
0.61 |
0.62 |
0.70 |
Income Loss From Affordable Housing Projects Equity Method Investments |
1.44 |
1.44 |
1.44 |
1.43 |
4.29 |
Total Noninterest Income |
10.99 |
11.28 |
10.70 |
10.55 |
10.46 |
Total Revenues |
80.37 |
82.60 |
80.58 |
81.25 |
79.19 |
Salaries & employee benefits, SGA |
12.16 |
11.82 |
11.83 |
12.07 |
11.48 |
Depriciation & Amortization |
- |
- |
- |
- |
-0.13 |
Foreclosed Real Estate Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
4.96 |
5.07 |
5.01 |
5.49 |
0.36 |
Professional Fees |
0.39 |
0.40 |
0.49 |
0.48 |
0.57 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
3.45 |
3.71 |
3.98 |
3.69 |
0.56 |
Other loss/ -income |
4.56 |
4.66 |
4.54 |
4.49 |
12.24 |
Total Operating
Expenses |
25.52 |
25.65 |
25.84 |
26.21 |
25.09 |
Total Costs & Expenses |
27.20 |
26.78 |
26.45 |
26.68 |
25.57 |
Income /-loss before income taxes |
54.85 |
56.95 |
54.74 |
55.04 |
54.10 |
Income taxes expenses/-benefit |
15.38 |
15.35 |
14.50 |
14.59 |
14.75 |
Income after income taxes |
39.47 |
41.60 |
40.25 |
40.45 |
39.34 |
Net income/-loss
of other equity |
0.00 |
- |
0.00 |
- |
0.00 |
Income /-loss after income taxes |
39.47 |
41.60 |
40.25 |
40.45 |
39.34 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
39.47 |
41.60 |
40.25 |
40.45 |
39.34 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
39.47 |
41.60 |
40.25 |
40.45 |
39.34 |