Income Statement for Reliance Bacshares, Inc (RLBS)
| | | Income Statement for Reliance Bancshares Inc (RLBS) | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | | Total Interest Income | 63,864 | 48,024 | 31,293 | | Total Interest Expense | (37,609) | (26,227) | (15,236) | | Net Interest Income | 26,254 | 21,797 | 16,058 | | Loan Loss Provision | (3,186) | (2,200) | (2,333) | | Net Interest Income After Loan Loss Provision | 23,068 | 19,597 | 13,725 | | Non-Interest Income | 1,799 | 1,247 | 511 | | Non-Interest Expense | (22,290) | (16,605) | (11,450) | | Special Income/Charges | - | - | - | | Net Income Before Taxes | 2,577 | 4,239 | 2,786 | | Premium Tax (Credit) | - | - | - | | Minority Interest | - | - | - | | Income Taxes | (462) | (1,223) | (863) | | Net Income from Continuing Operations | 2,115 | 3,016 | 1,923 | | Net Income from Discontinued Operations | - | - | - | | Net Income from Total Operations | 2,115 | 3,016 | 1,923 | | Extraordinary Income/Loss | - | - | - | | Income from Cum. Effect of Acct Change | - | - | - | | Income from Tax Loss Carryforward | - | - | - | | Other Gains | - | - | - | | Total Net Income | 2,115 | 3,016 | 1,923 | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 12/2007 | 12/2006 | 12/2005 | | | Dividends Paid Per Share | 0.00 | 0.00 | 0.00 | | Preferred Dividends | - | - | - | | | Basic EPS from Continuing Operations | 0.10 | 0.16 | 0.12 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | 0.10 | 0.16 | 0.12 | | Basic EPS from Extraordinary Inc | 0.00 | 0.00 | 0.00 | | Basic EPS from Cum. Effect of Acct Chg | 0.00 | 0.00 | 0.00 | | Basic EPS from Tax Loss Carryforward | 0.00 | 0.00 | 0.00 | | Basic EPS from Other Gains(Loss) | 0.00 | 0.00 | 0.00 | | Basic EPS, Total | 0.10 | 0.16 | 0.12 | | | Basic Normalized Net Income/Share | 0.10 | 0.16 | 0.12 | | | Diluted EPS from Continuing Operations | 0.10 | 0.15 | 0.12 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | 0.10 | 0.15 | 0.12 | | Diluted EPS from Extraordinary Inc | 0.00 | 0.00 | 0.00 | | Diluted EPS from Cum. Effect of Acct Chg | 0.00 | 0.00 | 0.00 | | Diluted EPS from Tax Loss Carryforward | 0.00 | 0.00 | 0.00 | | Diluted EPS from Other Gains(Loss) | 0.00 | 0.00 | 0.00 | | Diluted EPS, Total | 0.10 | 0.15 | 0.12 | | | Diluted Normalized Net Income/Share | 0.10 | 0.15 | 0.12 | | | |
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| Date: | Sep 3, 2008 |
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| Price: | Free |
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| Pages: | 4 |
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