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Consolidated statement of profit or loss - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Interest income:      
Deposits $ 4,895 $ 17,011 $ 15,615
Securities 3,531 3,209 2,899
Loans 172,548 253,462 239,976
Total interest income 180,973 273,682 258,490
Interest expense:      
Deposits (25,800) (67,435) (63,146)
Borrowings and debt (62,723) (96,732) (85,601)
Total interest expense (88,523) (164,167) (148,747)
Net interest income 92,450 109,515 109,743
Other income (expense):      
Fees and commissions, net 10,418 15,647 17,185
Loss on financial instruments, net (4,794) (1,379) (1,009)
Other income, net 1,083 2,874 1,670
Total other income, net 6,707 17,142 17,846
Total revenues 99,157 126,657 127,589
Reversal (provision) for credit losses 1,464 (430) (57,515)
Gain (loss) on non-financial assets, net 296 500 (10,018)
Operating expenses:      
Salaries and other employee expenses (21,462) (24,179) (27,989)
Depreciation of investment properties, equipment and improvements (3,587) (2,854) (1,282)
Amortization of intangible assets (753) (702) (1,176)
Other expenses (11,522) (12,939) (18,471)
Total operating expenses (37,324) (40,674) (48,918)
Profit for the year $ 63,593 $ 86,053 $ 11,138
Per share data:      
Basic earnings per share (in US dollars) $ 1.60 $ 2.17 $ 0.28
Diluted earnings per share (in US dollars) $ 1.60 $ 2.17 $ 0.28
Weighted average basic shares(in thousands of shares) 39,656 39,575 39,543
Weighted average diluted shares(in thousands of shares) 39,656 39,575 39,543