Generations Bancorp NY, Inc. [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18
	10-K	10-K	10-K	10-K	S-1/A
Interest and dividend income:
Loans, including fees	12.0	12.6	12.4	11.7

Debt and equity securities:
Taxable	0.7	0.5	0.1	0.1	0.2
Tax-exempt	0.4	0.4	0.8	0.7	0.5
Interest-earning deposits	0.1	0.0	0.0	0.1
Other	0.1	0.1	0.1	0.1
Total interest income	13.3	13.6	13.4	12.8	11.6

Interest expense:
Deposits	1.5	1.3	2.3	2.5
Short-term borrowings	0.2		0.0	0.0
Long-term borrowings	0.2	0.4	0.6	0.5
Total interest expense	1.9	1.7	2.9	3.2	2.6
Net interest income	11.4	11.9	10.5	9.6	9.0
Provision for loan losses	0.6	0.5	0.5	0.4	0.2

Provision For Unfunded Commitments
Net interest income after provision for credit losses	10.7	11.4	10.0	9.2	8.8

Noninterest income:
Banking fees and service charges	1.6	1.6	1.5	1.6
Mortgage banking income, net	0.0	0.1	0.0	0.1
Insurance commissions	0.5	0.7	0.8	0.8
Earnings on bank-owned life insurance			0.1	0.1
Change in fair value on equity securities	0.0	0.0
Other charges, commissions & fees	0.1	0.2	0.5	0.1
Total noninterest income	4.8	5.7	8.5	7.4	3.1

Noninterest expense:
Compensation and benefits	4.9	5.3	5.6	6.1
Occupancy and equipment	2.0	2.1	2.1	2.1	2.1
Service charges	2.1	2.0	2.0	2.3	1.7
Regulatory assessments	0.2	0.3	0.3	0.2
Professional and other services	0.7	0.6	0.6	0.5
Advertising	0.4	0.4	0.4	0.4	0.4
Other expenses	1.2	1.3	1.3	1.3
Total noninterest expenses	11.6	12.4	12.3	12.9	12.3
(Loss) Income before income tax (benefit) expense	1.3	1.7	1.6
Income tax (benefit) expense	0.2	0.3	-0.1	-0.2	-0.1
Net (loss) income	1.1	1.4	1.7	0.1
Net (loss) income available to common shareholders	1.1	1.4	1.7	0.1	-0.2

Basic earnings per common share	$0.47	$0.60	$0.71	$0.04	$0.09
Diluted earnings per common share	$0.47	$0.60	$0.71