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 |
3.41 |
3.37 |
3.35 |
3.08 |
-28.39 |
Interest and Dividend Income, Securities |
2.09 |
2.03 |
2.05 |
2.08 |
2.05 |
Other Income |
21.27 |
20.50 |
19.42 |
18.48 |
49.93 |
Total Interest Income |
26.77 |
25.90 |
24.81 |
23.64 |
23.59 |
Interest Expense, Deposits |
8.77 |
7.70 |
6.07 |
4.10 |
2.21 |
Interest Expense, Short-term Borrowings |
0.12 |
0.12 |
0.65 |
0.70 |
0.27 |
Interest Expense, Long-term Debt and Capital Securities |
-0.76 |
0.25 |
0.25 |
0.25 |
-0.51 |
Interest Expense, Debt |
1.01 |
- |
- |
- |
0.76 |
Other Intrest Expenses |
1.44 |
1.44 |
1.00 |
0.07 |
- |
Total Interest Expense |
10.59 |
9.52 |
7.96 |
5.13 |
2.73 |
Net Interest Income |
16.18 |
16.38 |
16.85 |
18.50 |
20.85 |
Provision
for loan losses |
0.49 |
0.35 |
0.42 |
-0.39 |
0.15 |
Total Net Interest Income |
15.69 |
16.03 |
16.43 |
18.89 |
20.70 |
Fees and Commissions, Other |
- |
- |
- |
- |
- |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Bank Owned Life Insurance Income |
0.43 |
0.45 |
0.49 |
0.44 |
0.43 |
Interest Income Federal Funds Sold And Other Short Term Investments |
0.60 |
0.25 |
0.12 |
0.05 |
0.06 |
Other Than Temporary Impairment Losses Debt Securities |
- |
- |
- |
- |
- |
Net Other Than Temporary Impairments |
- |
- |
- |
- |
- |
Service Charges And Other Customer Related Fees |
- |
- |
- |
- |
- |
Interest Income Consumer Loans |
- |
- |
- |
- |
- |
Dividend Income Earned On Equity Securities |
- |
- |
- |
- |
- |
Dividend Income Earned On Equity Securities Not Measured At Fair Value |
- |
- |
- |
- |
- |
Provision For Recovery Of Loan And Lease Losses |
- |
- |
- |
- |
- |
Gain (Loss) on Disposition of Assets and Other Investments |
- |
0.00 |
- |
- |
- |
Other Non-Interest Income |
2.46 |
1.89 |
2.12 |
2.13 |
3.00 |
|
-0.59 |
0.24 |
- |
0.35 |
-1.07 |
|
1.73 |
- |
-1.14 |
- |
0.42 |
|
-1.92 |
0.78 |
- |
- |
2.81 |
Total Noninterest Income |
2.71 |
3.61 |
1.59 |
2.98 |
5.65 |
Total Revenues |
18.40 |
19.64 |
18.02 |
21.87 |
26.36 |
Salaries & employee benefits, SGA |
7.74 |
7.96 |
8.09 |
8.43 |
7.39 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
1.20 |
1.16 |
1.20 |
1.35 |
-0.24 |
Professional Fees |
0.67 |
0.64 |
0.80 |
0.76 |
0.62 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
0.34 |
0.34 |
0.29 |
0.35 |
0.26 |
Other Noninterest Expense |
3.18 |
2.35 |
2.54 |
2.35 |
2.34 |
Other loss/ -income |
1.66 |
1.67 |
1.62 |
1.66 |
3.65 |
Total Operating
Expenses |
14.79 |
14.12 |
14.55 |
14.90 |
14.00 |
Total Costs & Expenses |
25.38 |
23.64 |
22.51 |
20.03 |
16.73 |
Income /-loss before income taxes |
3.62 |
5.52 |
3.47 |
6.98 |
12.35 |
Income taxes expenses/-benefit |
1.11 |
1.03 |
0.70 |
1.67 |
3.32 |
Income after income taxes |
2.51 |
4.49 |
2.76 |
5.30 |
9.03 |
Net income/-loss
of other equity |
- |
- |
- |
0.00 |
0.00 |
Income /-loss after income taxes |
2.51 |
4.49 |
2.76 |
5.30 |
9.03 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
2.51 |
4.49 |
2.76 |
5.30 |
9.03 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
2.51 |
4.49 |
2.76 |
5.30 |
9.03 |