INCOME STATEMENT (Quarterly GAAP In millions $) |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
(Sep 30 2022) III. Quarter |
Interest and Fee Income, Loans and Leases |
218.90 |
207.88 |
193.72 |
181.64 |
152.89 |
Interest Income, Securities, Mortgage Backed |
26.65 |
27.13 |
27.53 |
27.78 |
28.34 |
Other Interest and Dividend Income |
3.40 |
4.57 |
2.90 |
1.41 |
3.36 |
Other Income |
2.18 |
2.18 |
2.24 |
2.26 |
1.98 |
Total Interest Income |
251.14 |
241.77 |
226.38 |
213.09 |
186.57 |
Interest Expense, Deposits |
57.26 |
50.05 |
35.19 |
14.64 |
6.64 |
Interest Expense, Federal Funds Purchased |
0.19 |
- |
1.14 |
0.42 |
0.03 |
Interest Expense, Federal Home Loan Bank and Federal Reserve Bank Advances, Long-term |
0.17 |
1.60 |
3.37 |
0.50 |
0.04 |
Interest Expense, Debt |
2.45 |
2.33 |
2.57 |
2.31 |
2.06 |
Interest Expense, Trust Preferred Securities |
1.76 |
1.64 |
1.56 |
1.34 |
0.95 |
Interest Expense, Other |
6.71 |
4.31 |
0.02 |
0.01 |
0.01 |
Total Interest Expense |
68.54 |
59.93 |
43.85 |
19.21 |
9.73 |
Net Interest Income |
182.60 |
181.84 |
182.53 |
193.89 |
176.83 |
Provision
for loan losses |
18.41 |
15.83 |
29.01 |
13.40 |
7.45 |
Total Net Interest Income |
164.19 |
166.01 |
153.52 |
180.49 |
169.38 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
- |
- |
- |
- |
- |
Revenue From Contract With Customer Including Assessed Tax |
14.87 |
14.43 |
13.36 |
12.64 |
10.99 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Bank Owned Life Insurance Income |
1.70 |
0.76 |
1.51 |
1.13 |
0.20 |
Fee Income Derived From Loan Activity |
1.62 |
1.19 |
1.37 |
1.82 |
1.43 |
Income Loss Resulting From Change In Valuation |
- |
- |
- |
- |
- |
Credit Debit Card And Atm Income |
- |
- |
- |
- |
- |
Mortgage Banking Activities |
- |
- |
- |
- |
- |
Debit Card And Atm Card Income |
- |
- |
- |
- |
- |
Mortgage Banking Income |
- |
- |
- |
- |
- |
Interest On Reverse Mortgages |
- |
- |
- |
- |
- |
Reverse Mortgage Loans Gain Loss |
- |
- |
- |
- |
- |
Income Loss On Reverse Mortgages |
- |
- |
- |
- |
- |
Wealth Management Services |
- |
- |
- |
- |
- |
Other Non-Interest Income |
51.95 |
47.63 |
44.36 |
54.09 |
47.50 |
Loan Workout And Oreo Expenses |
- |
- |
-0.06 |
-0.40 |
1.00 |
Federal Deposit Insurance Corporation Premium Expense Income |
2.53 |
2.86 |
2.58 |
-4.40 |
1.54 |
Total Noninterest Income |
72.67 |
66.87 |
63.13 |
64.88 |
62.65 |
Total Revenues |
236.86 |
232.88 |
216.65 |
245.37 |
232.03 |
Salaries & employee benefits, SGA |
2.05 |
2.17 |
1.72 |
136.87 |
2.08 |
Restructuring, Accretion & impairment charges |
- |
-0.03 |
-0.76 |
0.32 |
1.34 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
9.53 |
10.13 |
10.41 |
-0.16 |
9.70 |
Professional Fees |
4.61 |
6.12 |
4.44 |
6.21 |
3.56 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
6.10 |
- |
Other Noninterest Expense |
31.16 |
28.72 |
26.61 |
24.23 |
24.87 |
Corporate Development Costs |
0.11 |
2.80 |
0.74 |
1.07 |
1.25 |
Other loss/ -income |
92.23 |
91.35 |
89.89 |
-41.74 |
90.11 |
Total Operating
Expenses |
139.69 |
141.25 |
133.05 |
132.90 |
132.92 |
Total Costs & Expenses |
208.23 |
201.18 |
176.90 |
152.11 |
142.65 |
Income /-loss before income taxes |
97.17 |
91.63 |
83.60 |
112.47 |
99.11 |
Income taxes expenses/-benefit |
22.90 |
23.04 |
20.94 |
28.03 |
25.77 |
Income after income taxes |
74.26 |
68.60 |
62.66 |
84.44 |
73.34 |
Net income/-loss
of other equity |
- |
- |
0.00 |
- |
0.00 |
Income /-loss after income taxes |
74.26 |
68.60 |
62.66 |
84.44 |
73.34 |
Stockholders Equity Attributable to Noncontrolling Interest |
0.10 |
-0.08 |
0.26 |
-0.01 |
-0.04 |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
74.26 |
68.60 |
62.66 |
84.44 |
73.34 |
Noncontrolling interests |
0.10 |
-0.08 |
0.26 |
-0.01 |
-0.04 |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
74.17 |
68.68 |
62.40 |
84.45 |
73.38 |