|
Income Statement for
Eastern Virginia Bankshares Inc.
(EVBS)
|
|
|
|
|
|
|
| Income
[+]
|
in Thousands of Dollars |
|
| Loans |
- |
- |
47,687 |
49,702 |
51,371 |
| Investment Securities |
5,121 |
- |
5,571 |
6,780 |
7,576 |
| Lease Financing Income |
- |
- |
- |
- |
- |
| Other Interest Income |
- |
- |
138 |
103 |
355 |
| Federal Funds Sold/Purchased |
2,942 |
4,003 |
2,464 |
24,154 |
3,593 |
| Interest Bearing Deposits |
56 |
54 |
113 |
99 |
- |
| Loans Held for Resale |
- |
- |
- |
- |
- |
| Trading Account Securities |
- |
- |
- |
- |
- |
| Time Deposits Placed |
- |
- |
- |
- |
- |
| Other Money Market Investments |
- |
- |
- |
- |
- |
| Total Money Market Investments |
56 |
54 |
114 |
142 |
84 |
| Total Interest Income |
45,071 |
49,538 |
53,510 |
56,727 |
59,386 |
| Deposits |
6,399 |
9,515 |
12,312 |
18,241 |
20,337 |
| Short-Term Debt |
1 |
8 |
9 |
- |
- |
| Long-Term Debt |
5,136 |
5,093 |
5,344 |
5,791 |
6,382 |
| Federal Funds Sold/Purchased |
2,942 |
4,003 |
2,464 |
24,154 |
3,593 |
| Capitalized Lease Obligations |
- |
- |
- |
- |
- |
| Other Interest Expense |
11,568 |
14,651 |
- |
- |
- |
| Total Interest Income |
45,071 |
49,538 |
53,510 |
56,727 |
59,386 |
| Total Interest Expense |
(11,568) |
(14,651) |
(17,722) |
(24,050) |
(26,809) |
| Net Interest Income |
33,503 |
34,887 |
35,788 |
32,677 |
32,577 |
| Loan Loss Provision |
(5,658) |
(8,800) |
(28,930) |
(4,200) |
(4,025) |
| Net Interest Income After Loan Loss Provision |
27,845 |
26,087 |
6,858 |
28,477 |
28,552 |
| Trust Fees by Commissions |
- |
- |
- |
- |
- |
| Service Charge on Deposit Accounts |
3,239 |
3,443 |
3,873 |
3,841 |
3,991 |
| Other Service Charges |
3,239 |
3,443 |
3,795 |
1,255 |
1,135 |
| Security Transactions |
N/A |
N/A |
- |
357 |
44 |
| Premiums Earned |
- |
- |
- |
- |
- |
| Net Realized Capital Gains |
- |
- |
1,352 |
- |
- |
| Investment Banking Profit |
- |
- |
- |
- |
- |
| Other Non-Interest Income |
1,227 |
1,437 |
1,999 |
977 |
2,733 |
| Non-Interest Income |
9,898 |
9,518 |
11,019 |
6,430 |
7,903 |
| Salaries and Employee Benefits |
15,770 |
14,978 |
19,836 |
18,029 |
14,776 |
| Net Occupancy Expense |
- |
- |
5,183 |
5,144 |
4,738 |
| Promotion and Advertising |
804 |
726 |
1,325 |
737 |
874 |
| Property/Liability Insurance Claims |
- |
- |
2,325 |
1,705 |
- |
| Policy Acquisition Costs |
- |
- |
- |
- |
- |
| Amortization of Deferred Policy Acquisition Costs |
- |
- |
- |
- |
- |
| Current and Future Benefits Expense |
- |
- |
- |
- |
- |
| Other Non-Interest Expense |
6,973 |
6,993 |
7,780 |
5,033 |
7,557 |
| Income, Acquired in Process R&D |
- |
- |
- |
- |
- |
| Income, Restructuring and M&A |
- |
- |
- |
- |
- |
| Other Special Charges |
- |
- |
851 |
(18,919) |
(4,933) |
| Non-Interest Expense |
11,568 |
14,651 |
(36,449) |
(30,648) |
(27,945) |
| Special Income/Charges |
(1,723) |
(1,386) |
851 |
(18,919) |
(4,933) |
| Net Income Before Taxes |
47,588 |
48,870 |
(17,721) |
(14,660) |
3,577 |
| Premium Tax (Credit) |
- |
- |
- |
- |
- |
| Minority Interest |
- |
- |
- |
- |
- |
| Income Taxes |
(945) |
211 |
6,962 |
5,856 |
(506) |
| Net Income from Continuing Operations |
3,452 |
1,777 |
(10,759) |
(8,804) |
3,071 |
| Net Income from Discontinued Operations |
- |
- |
- |
- |
- |
| Net Income from Total Operations |
3,452 |
1,777 |
(10,759) |
(8,804) |
3,071 |
| Extraordinary Income/Loss |
- |
- |
- |
- |
- |
| Income from Cum. Effect of Acct Change |
- |
- |
- |
- |
- |
| Income from Tax Loss Carryforward |
- |
- |
- |
- |
- |
| Other Gains |
- |
- |
- |
- |
- |
| Total Net Income |
3,452 |
1,777 |
(10,759) |
(8,804) |
3,071 |
| Normalized Income |
4,805 |
2,976 |
(11,610) |
10,115 |
8,004 |
| Net Income Available for Common |
1,952 |
281 |
(12,251) |
(10,263) |
3,071 |
|
| Results
[+]
|
in Dollars (Preferred Dividends in Thousands) |
|
|
| Dividends Paid Per Share |
0.00 |
0.00 |
0.12 |
0.31 |
0.64 |
| Preferred Dividends |
1,500 |
1,496 |
1,492 |
1,459 |
- |
| Basic EPS from Continuing Operations |
0.32 |
0.05 |
-2.05 |
-1.73 |
0.52 |
| Basic EPS from Discontinued Operations |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Basic EPS from Total Operations |
0.32 |
0.05 |
-2.05 |
-1.73 |
0.52 |
| Basic EPS from Extraordinary Inc |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Basic EPS from Cum. Effect of Acct Chg |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Basic EPS from Tax Loss Carryforward |
- |
- |
47,687 |
49,702 |
51,371 |
| Basic EPS from Other Gains(Loss) |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Basic EPS, Total |
0.32 |
0.05 |
-2.05 |
-1.73 |
0.52 |
|
| Basic Normalized Net Income/Share |
0.48 |
0.09 |
-2.21 |
1.99 |
1.36 |
|
| Diluted EPS from Continuing Operations |
0.32 |
0.05 |
-2.05 |
-1.73 |
0.52 |
| Diluted EPS from Discontinued Operations |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Diluted EPS from Total Operations |
0.32 |
0.05 |
-2.05 |
-1.73 |
0.52 |
| Diluted EPS from Extraordinary Inc |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Diluted EPS from Cum. Effect of Acct Chg |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Diluted EPS from Tax Loss Carryforward |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Diluted EPS from Other Gains(Loss) |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Diluted EPS, Total |
0.32 |
0.05 |
-2.05 |
-1.73 |
0.52 |
|
| Diluted Normalized Net Income/Share |
0.48 |
0.09 |
-2.21 |
1.99 |
1.36 |
| Revenues Year-to-Date |
54,969 |
59,056 |
64,529 |
63,157 |
67,289 |
| Income Year-to-Date from Total Operations |
3,452 |
1,777 |
(10,759) |
(8,804) |
3,071 |
| EPS Year-to-Date from Total Operations |
0.32 |
0.05 |
-2.05 |
-1.73 |
0.52 |
| Dividends Paid Per Share, Year-to-Date |
0.00 |
0.00 |
0.12 |
0.31 |
0.64 |
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