|
Income Statement for
M&F Bancorp Inc.
(MFBP)
|
|
|
|
|
|
|
| Income
[+]
|
in Thousands of Dollars |
|
| Loans |
- |
- |
12,983 |
12,593 |
11,226 |
| Investment Securities |
869 |
- |
1,038 |
1,812 |
3,056 |
| Lease Financing Income |
- |
- |
- |
- |
- |
| Other Interest Income |
121 |
155 |
30 |
246 |
1,006 |
| Federal Funds Sold/Purchased |
- |
- |
- |
- |
10,000 |
| Interest Bearing Deposits |
- |
- |
- |
- |
- |
| Loans Held for Resale |
- |
- |
- |
- |
- |
| Trading Account Securities |
- |
- |
- |
- |
- |
| Time Deposits Placed |
- |
- |
- |
- |
- |
| Other Money Market Investments |
- |
- |
- |
- |
- |
| Total Money Market Investments |
- |
- |
- |
- |
- |
| Total Interest Income |
11,553 |
12,385 |
14,051 |
14,651 |
15,288 |
| Deposits |
907 |
1,430 |
2,854 |
3,846 |
5,570 |
| Short-Term Debt |
- |
- |
- |
- |
- |
| Long-Term Debt |
115 |
74 |
70 |
657 |
808 |
| Federal Funds Sold/Purchased |
- |
- |
- |
- |
10,000 |
| Capitalized Lease Obligations |
- |
- |
- |
- |
- |
| Other Interest Expense |
1,022 |
1,504 |
- |
- |
- |
| Total Interest Income |
11,553 |
12,385 |
14,051 |
14,651 |
15,288 |
| Total Interest Expense |
(1,022) |
(1,504) |
(2,924) |
(4,503) |
(6,378) |
| Net Interest Income |
10,531 |
10,881 |
11,127 |
10,148 |
8,910 |
| Loan Loss Provision |
(166) |
(903) |
(1,853) |
(823) |
299 |
| Net Interest Income After Loan Loss Provision |
10,365 |
9,978 |
9,274 |
9,325 |
9,209 |
| Trust Fees by Commissions |
- |
- |
- |
- |
- |
| Service Charge on Deposit Accounts |
- |
1,423 |
1,825 |
1,772 |
1,496 |
| Other Service Charges |
- |
1,423 |
- |
- |
- |
| Security Transactions |
N/A |
N/A |
142 |
61 |
203 |
| Premiums Earned |
- |
- |
- |
- |
- |
| Net Realized Capital Gains |
- |
- |
388 |
3 |
359 |
| Investment Banking Profit |
- |
- |
- |
- |
- |
| Other Non-Interest Income |
539 |
1,683 |
465 |
530 |
524 |
| Non-Interest Income |
2,353 |
3,446 |
2,820 |
2,366 |
2,582 |
| Salaries and Employee Benefits |
6,031 |
5,915 |
7,186 |
5,736 |
4,923 |
| Net Occupancy Expense |
- |
- |
1,721 |
2,353 |
1,765 |
| Promotion and Advertising |
199 |
260 |
206 |
525 |
573 |
| Property/Liability Insurance Claims |
- |
- |
632 |
- |
- |
| Policy Acquisition Costs |
- |
- |
- |
- |
- |
| Amortization of Deferred Policy Acquisition Costs |
- |
- |
- |
- |
- |
| Current and Future Benefits Expense |
- |
- |
- |
- |
- |
| Other Non-Interest Expense |
1,122 |
1,599 |
1,504 |
4,365 |
3,458 |
| Income, Acquired in Process R&D |
- |
- |
- |
- |
- |
| Income, Restructuring and M&A |
- |
- |
- |
(348) |
- |
| Other Special Charges |
- |
- |
(88) |
- |
- |
| Non-Interest Expense |
1,022 |
1,504 |
(11,249) |
(12,979) |
(10,719) |
| Special Income/Charges |
- |
- |
(88) |
(348) |
- |
| Net Income Before Taxes |
13,740 |
14,928 |
757 |
(1,636) |
1,072 |
| Premium Tax (Credit) |
- |
- |
- |
- |
- |
| Minority Interest |
- |
- |
- |
- |
- |
| Income Taxes |
(116) |
(141) |
(97) |
825 |
(145) |
| Net Income from Continuing Operations |
341 |
606 |
660 |
(811) |
927 |
| Net Income from Discontinued Operations |
- |
- |
- |
- |
- |
| Net Income from Total Operations |
341 |
606 |
660 |
(811) |
927 |
| Extraordinary Income/Loss |
- |
- |
- |
1,712 |
- |
| Income from Cum. Effect of Acct Change |
- |
- |
- |
- |
- |
| Income from Tax Loss Carryforward |
- |
- |
- |
- |
- |
| Other Gains |
- |
- |
- |
- |
- |
| Total Net Income |
341 |
606 |
660 |
901 |
927 |
| Normalized Income |
365 |
606 |
748 |
(463) |
927 |
| Net Income Available for Common |
104 |
370 |
358 |
(811) |
927 |
|
| Results
[+]
|
in Dollars (Preferred Dividends in Thousands) |
|
|
| Dividends Paid Per Share |
0.00 |
0.13 |
0.10 |
0.25 |
0.20 |
| Preferred Dividends |
237 |
236 |
302 |
- |
- |
| Basic EPS from Continuing Operations |
0.05 |
0.18 |
0.18 |
-0.42 |
0.55 |
| Basic EPS from Discontinued Operations |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Basic EPS from Total Operations |
0.05 |
0.18 |
0.18 |
-0.42 |
0.55 |
| Basic EPS from Extraordinary Inc |
0.00 |
0.00 |
0.00 |
0.88 |
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 |
- |
- |
12,983 |
12,593 |
11,226 |
| Basic EPS from Other Gains(Loss) |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Basic EPS, Total |
0.05 |
0.18 |
0.18 |
0.46 |
0.55 |
|
| Basic Normalized Net Income/Share |
0.05 |
0.18 |
0.20 |
-0.24 |
0.55 |
|
| Diluted EPS from Continuing Operations |
0.05 |
0.18 |
0.18 |
-0.42 |
0.55 |
| Diluted EPS from Discontinued Operations |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Diluted EPS from Total Operations |
0.05 |
0.18 |
0.18 |
-0.42 |
0.55 |
| Diluted EPS from Extraordinary Inc |
0.00 |
0.00 |
0.00 |
0.88 |
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 |
0.05 |
0.18 |
0.18 |
0.46 |
0.55 |
|
| Diluted Normalized Net Income/Share |
0.05 |
0.18 |
0.20 |
-0.24 |
0.55 |
| Revenues Year-to-Date |
13,906 |
15,831 |
16,871 |
17,017 |
17,870 |
| Income Year-to-Date from Total Operations |
341 |
606 |
660 |
(811) |
927 |
| EPS Year-to-Date from Total Operations |
0.05 |
0.18 |
0.18 |
-0.42 |
0.55 |
| Dividends Paid Per Share, Year-to-Date |
0.13 |
0.21 |
0.10 |
0.25 |
0.20 |
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