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 |
859.00 |
860.80 |
857.20 |
832.70 |
785.10 |
Interest and Dividend Income, Securities |
134.30 |
121.00 |
110.30 |
94.30 |
103.20 |
Other Income |
45.70 |
44.80 |
33.30 |
41.90 |
24.40 |
Total Interest Income |
1,039.00 |
1,026.60 |
1,000.80 |
968.90 |
888.30 |
Interest Expense, Deposits |
343.70 |
316.20 |
251.10 |
231.60 |
211.80 |
Interest Expense, Subordinated Notes and Debentures |
9.60 |
9.50 |
9.50 |
9.30 |
26.30 |
Interest Expense, Borrowings |
-308.00 |
- |
189.90 |
118.10 |
-44.40 |
Interest Expense, Other |
402.00 |
113.90 |
- |
- |
164.10 |
Total Interest Expense |
447.30 |
439.60 |
450.50 |
359.00 |
248.60 |
Net Interest Income |
591.70 |
587.00 |
550.30 |
609.90 |
639.70 |
Provision
for loan losses |
-115.90 |
12.10 |
21.80 |
19.40 |
-21.10 |
Total Net Interest Income |
582.40 |
574.90 |
528.50 |
590.50 |
636.60 |
Fees and Commissions, Mortgage Banking and Servicing |
22.70 |
23.30 |
20.80 |
9.50 |
5.90 |
Operating Leases, Income Statement, Lease Revenue |
- |
- |
- |
- |
- |
Other Noninterest Income |
8.10 |
6.70 |
4.80 |
8.60 |
5.20 |
Service Charges And Fees Net |
- |
- |
- |
- |
- |
Unrealized Gain Loss On Securities |
- |
- |
- |
- |
- |
Dividend Income Operating Taxable |
- |
- |
- |
- |
- |
Dividend Income Operating Non Taxable |
- |
- |
- |
- |
- |
Amortization Of Equity Method Investment Assets |
- |
- |
- |
- |
- |
Gain On Purchase Of Business |
- |
- |
- |
- |
- |
Lendingrelatedfees |
- |
- |
- |
- |
- |
Small Business Administration and Warrant Income |
- |
- |
- |
- |
- |
Income from Equity Investments |
14.50 |
0.50 |
0.70 |
- |
4.20 |
Card Income |
- |
- |
- |
- |
- |
Extinguishment of Debt |
-39.30 |
- |
-0.70 |
-12.70 |
- |
Other Non-Interest Income |
84.50 |
98.70 |
93.40 |
-63.40 |
46.10 |
Net Loss Gain On Sales Valuations Of Repossessed Assets And Bank Premises Net |
- |
- |
- |
- |
-0.30 |
Acquisition And Restructure Expenses |
- |
- |
- |
- |
0.40 |
Total Noninterest Income |
90.50 |
129.20 |
119.00 |
-58.00 |
61.50 |
Total Revenues |
672.90 |
704.10 |
647.50 |
532.50 |
698.10 |
Salaries & employee benefits, SGA |
243.20 |
170.30 |
178.60 |
164.60 |
141.90 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
16.90 |
16.80 |
15.40 |
16.50 |
105.10 |
Professional Fees and Commission |
4.80 |
5.60 |
5.60 |
4.40 |
61.40 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
21.40 |
26.70 |
19.10 |
19.70 |
66.50 |
Legal Professional And Director Fees |
29.40 |
28.30 |
26.40 |
23.10 |
26.00 |
Non Interest Expense Deposit Costs |
131.00 |
127.80 |
91.00 |
86.90 |
82.20 |
Other loss/ -income |
15.20 |
50.70 |
51.30 |
32.70 |
118.30 |
Total Operating
Expenses |
461.90 |
426.20 |
387.40 |
347.90 |
333.40 |
Total Costs & Expenses |
909.20 |
865.80 |
837.90 |
706.90 |
582.00 |
Income /-loss before income taxes |
211.00 |
277.90 |
260.10 |
184.60 |
1,316.10 |
Income taxes expenses/-benefit |
63.10 |
61.30 |
44.40 |
42.40 |
71.70 |
Income after income taxes |
147.90 |
216.60 |
215.70 |
142.20 |
293.00 |
Net income/-loss
of other equity |
- |
0.00 |
0.00 |
- |
- |
Income /-loss after income taxes |
147.90 |
216.60 |
215.70 |
142.20 |
293.00 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
147.90 |
216.60 |
215.70 |
142.20 |
293.00 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
3.20 |
3.20 |
3.20 |
3.20 |
3.20 |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
144.70 |
213.40 |
212.50 |
139.00 |
289.80 |