INCOME STATEMENT (Quarterly GAAP In millions $) |
(Mar 31 2020) I. Quarter |
(Dec 31 2019) IV. Quarter |
(Sep 30 2019) III. Quarter |
(Jun 30 2019) II. Quarter |
(Mar 31 2019) I. Quarter |
Interest and Fee Income, Loans and Leases |
9.70 |
9.73 |
9.77 |
9.44 |
8.73 |
Interest and Dividend Income, Securities, Operating |
0.11 |
0.18 |
0.27 |
0.14 |
0.16 |
Other Income |
0.29 |
0.34 |
0.49 |
0.50 |
0.54 |
Total Interest Income |
10.10 |
10.25 |
10.53 |
10.09 |
9.43 |
Interest Expense, Deposits |
2.05 |
2.40 |
2.61 |
2.57 |
2.49 |
Interest Expense, Short-term Borrowings |
0.65 |
0.65 |
0.86 |
0.65 |
0.35 |
Interest Expense, Subordinated Notes and Debentures |
- |
-0.16 |
- |
- |
0.16 |
Other Intrest Expenses |
0.16 |
0.31 |
0.16 |
0.16 |
- |
Total Interest Expense |
2.86 |
3.21 |
3.62 |
3.37 |
3.00 |
Net Interest Income |
7.24 |
7.04 |
6.90 |
6.72 |
6.43 |
Provision
for loan losses |
0.56 |
0.44 |
0.07 |
0.17 |
0.24 |
Total Net Interest Income |
6.69 |
6.60 |
6.83 |
6.55 |
6.19 |
Fees and Commissions, Mortgage Banking and Servicing |
0.01 |
0.03 |
0.10 |
0.05 |
0.03 |
Revenue From Contract With Customer Including Assessed Tax |
0.05 |
0.05 |
0.04 |
0.05 |
0.04 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
0.63 |
0.05 |
0.42 |
0.39 |
0.18 |
Interest Income Federal Reserve And Federal Home Loan Bank Stock |
- |
- |
- |
- |
- |
Asset Management Fees |
- |
- |
- |
- |
- |
Dividend Income Federal Home Loan Bank Stock |
- |
- |
- |
- |
- |
Interest Income Federal Home Loan Bank Advances |
- |
- |
- |
- |
- |
Revenue From Contract With Customer Including Assessed Tax |
- |
- |
- |
- |
- |
Noninterest Income Investment Advisory Fees |
- |
- |
- |
- |
- |
Non Interest Income Investment Advisory Fees |
- |
- |
- |
- |
- |
Other Non-Interest Income |
0.21 |
0.13 |
0.25 |
0.24 |
0.43 |
Interest Expense Subordinated Debt |
0.16 |
-0.31 |
0.16 |
0.16 |
- |
Interest Expense Subordinated Debentures |
- |
0.63 |
- |
- |
- |
Total Noninterest Income |
1.06 |
0.58 |
0.96 |
0.88 |
0.68 |
Total Revenues |
7.74 |
7.18 |
7.80 |
7.43 |
6.87 |
Salaries & employee benefits, SGA |
3.67 |
3.61 |
3.63 |
3.79 |
3.67 |
Foreclosed Real Estate Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
1.22 |
1.16 |
1.17 |
1.13 |
1.10 |
Professional Fees |
0.50 |
0.71 |
0.19 |
0.26 |
0.19 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
0.18 |
0.24 |
0.01 |
0.19 |
0.14 |
Other Noninterest Expense |
- |
- |
- |
- |
- |
Total Operating
Expenses |
5.56 |
5.72 |
5.00 |
5.36 |
5.10 |
Total Costs & Expenses |
8.42 |
8.94 |
8.62 |
8.73 |
8.09 |
Income /-loss before income taxes |
2.18 |
1.46 |
2.80 |
2.07 |
1.78 |
Income taxes expenses/-benefit |
0.64 |
0.30 |
0.76 |
0.57 |
0.48 |
Income after income taxes |
1.54 |
1.16 |
2.04 |
1.51 |
1.30 |
Net income/-loss
of other equity |
- |
- |
- |
- |
- |
Income /-loss after income taxes |
1.54 |
1.16 |
2.04 |
1.51 |
1.30 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
1.54 |
1.16 |
2.04 |
1.51 |
1.30 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
1.54 |
1.16 |
2.04 |
1.51 |
1.30 |