INCOME STATEMENT (Quarterly GAAP In millions $) |
(Sep 30 2024) Q3 2024 |
(Jun 30 2024) Q2 2024 |
(Mar 31 2024) Q1 2024 |
(Dec 31 2023) Q4 2023 |
(Sep 30 2023) Q3 2023 |
Interest and Fee Income, Loans and Leases |
26.59 |
25.60 |
24.48 |
24.29 |
23.83 |
Interest Income, Securities, Mortgage Backed |
1.14 |
1.13 |
1.10 |
1.08 |
1.06 |
Other Income |
1.46 |
1.29 |
1.32 |
1.33 |
1.49 |
Total Interest Income |
29.19 |
28.02 |
26.91 |
26.69 |
26.38 |
Interest Expense, Deposits |
10.48 |
9.72 |
8.97 |
8.25 |
7.44 |
Interest Expense, Borrowings |
7.20 |
7.63 |
6.80 |
6.69 |
6.95 |
Total Interest Expense |
17.67 |
17.34 |
15.77 |
14.94 |
14.39 |
Net Interest Income |
11.52 |
10.68 |
11.14 |
11.76 |
11.99 |
Provision
for loan losses |
-0.38 |
-0.23 |
0.07 |
-0.44 |
0.45 |
Total Net Interest Income |
11.89 |
10.90 |
11.07 |
12.19 |
11.54 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
0.55 |
0.47 |
0.42 |
0.33 |
0.45 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
0.30 |
0.39 |
0.41 |
0.38 |
0.27 |
Interest Expense Operating |
17.67 |
17.34 |
- |
- |
- |
Debt And Equity Securities Gain Loss |
- |
- |
- |
- |
- |
Interest Income Federal Funds Sold And Short Term Investments |
1.46 |
1.29 |
1.32 |
1.33 |
1.49 |
Other Non-Interest Income |
2.00 |
6.25 |
18.34 |
13.93 |
19.27 |
Professional Income Fees |
0.57 |
0.76 |
0.74 |
0.91 |
0.75 |
Foreclosed Real Estate Expense Income |
- |
0.00 |
0.01 |
0.00 |
0.00 |
Total Noninterest Income |
22.55 |
26.50 |
21.25 |
16.88 |
22.23 |
Total Revenues |
34.45 |
37.40 |
32.32 |
29.07 |
33.77 |
Salaries & employee benefits, SGA |
21.02 |
21.76 |
19.88 |
20.06 |
21.59 |
Real Estate Investment Partnership Cost of Sales |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
3.15 |
3.27 |
3.31 |
3.23 |
3.22 |
Loan Processing Fee |
0.70 |
0.86 |
1.05 |
0.76 |
0.72 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
1.97 |
2.38 |
1.42 |
3.41 |
2.58 |
Other loss/ -income |
1.73 |
1.99 |
1.90 |
2.21 |
1.91 |
Total Operating
Expenses |
28.56 |
30.26 |
27.55 |
29.66 |
30.02 |
Total Costs & Expenses |
46.23 |
47.60 |
43.32 |
44.60 |
44.41 |
Income /-loss before income taxes |
5.89 |
7.14 |
4.77 |
-0.60 |
3.75 |
Income taxes expenses/-benefit |
1.16 |
1.43 |
1.73 |
-0.56 |
0.50 |
Income after income taxes |
4.73 |
5.71 |
3.04 |
-0.04 |
3.25 |
Net income/-loss
of other equity |
- |
0.00 |
- |
0.00 |
- |
Income /-loss after income taxes |
4.73 |
5.71 |
3.04 |
-0.04 |
3.25 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
4.73 |
5.71 |
3.04 |
-0.04 |
3.25 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
4.73 |
5.71 |
3.04 |
-0.04 |
3.25 |