|
Income Statement for
Union First Market Bankshares Corporation
(UBSH)
|
|
|
|
|
|
|
| Income
[+]
|
in Thousands of Dollars |
|
| Loans |
- |
168,479 |
169,549 |
112,316 |
120,642 |
| Investment Securities |
19,155 |
20,470 |
20,178 |
16,135 |
14,266 |
| Lease Financing Income |
- |
- |
- |
- |
- |
| Other Interest Income |
- |
- |
- |
135 |
- |
| Federal Funds Sold/Purchased |
54,270 |
62,995 |
69,467 |
50,550 |
68,282 |
| Interest Bearing Deposits |
70 |
123 |
77 |
- |
88 |
| Loans Held for Resale |
- |
- |
- |
- |
- |
| Trading Account Securities |
- |
- |
- |
- |
- |
| Time Deposits Placed |
- |
- |
- |
- |
- |
| Other Money Market Investments |
- |
- |
- |
- |
1 |
| Total Money Market Investments |
71 |
124 |
94 |
1 |
187 |
| Total Interest Income |
181,863 |
189,073 |
189,821 |
128,587 |
135,095 |
| Deposits |
19,446 |
24,346 |
30,742 |
39,451 |
44,298 |
| Short-Term Debt |
234 |
1,307 |
1,790 |
2,261 |
4,407 |
| Long-Term Debt |
7,778 |
7,053 |
5,680 |
7,032 |
8,137 |
| Federal Funds Sold/Purchased |
54,270 |
62,995 |
69,467 |
50,550 |
68,282 |
| Capitalized Lease Obligations |
- |
- |
- |
- |
- |
| Other Interest Expense |
50 |
- |
- |
- |
- |
| Total Interest Income |
181,863 |
189,073 |
189,821 |
128,587 |
135,095 |
| Total Interest Expense |
(27,508) |
(32,713) |
(38,245) |
(48,771) |
(57,222) |
| Net Interest Income |
154,355 |
156,360 |
151,576 |
79,816 |
77,873 |
| Loan Loss Provision |
(12,200) |
(16,800) |
(24,368) |
(18,246) |
(10,020) |
| Net Interest Income After Loan Loss Provision |
142,155 |
139,560 |
127,208 |
61,570 |
67,853 |
| Trust Fees by Commissions |
- |
- |
- |
6,003 |
- |
| Service Charge on Deposit Accounts |
9,033 |
8,826 |
9,105 |
8,252 |
9,154 |
| Other Service Charges |
9,033 |
12,825 |
11,395 |
- |
6,637 |
| Security Transactions |
N/A |
913 |
58 |
163 |
29 |
| Premiums Earned |
- |
- |
- |
- |
- |
| Net Realized Capital Gains |
- |
17,780 |
22,779 |
16,617 |
12,946 |
| Investment Banking Profit |
- |
- |
- |
- |
- |
| Other Non-Interest Income |
20,947 |
3,833 |
3,961 |
1,932 |
1,789 |
| Non-Interest Income |
41,068 |
44,177 |
47,298 |
32,967 |
30,555 |
| Salaries and Employee Benefits |
68,648 |
71,652 |
67,913 |
43,315 |
43,126 |
| Net Occupancy Expense |
19,401 |
18,024 |
18,011 |
11,624 |
11,948 |
| Promotion and Advertising |
- |
- |
- |
- |
- |
| Property/Liability Insurance Claims |
- |
- |
- |
- |
- |
| Policy Acquisition Costs |
- |
- |
- |
- |
- |
| Amortization of Deferred Policy Acquisition Costs |
- |
- |
- |
- |
- |
| Current and Future Benefits Expense |
- |
- |
- |
- |
- |
| Other Non-Interest Expense |
45,430 |
51,952 |
57,077 |
30,348 |
24,562 |
| Income, Acquired in Process R&D |
- |
- |
- |
- |
- |
| Income, Restructuring and M&A |
- |
- |
- |
- |
- |
| Other Special Charges |
- |
(400) |
- |
- |
- |
| Non-Interest Expense |
27,508 |
(141,628) |
(143,001) |
(85,287) |
(79,636) |
| Special Income/Charges |
- |
(400) |
- |
- |
- |
| Net Income Before Taxes |
210,731 |
41,709 |
31,505 |
9,250 |
18,772 |
| Premium Tax (Credit) |
- |
- |
- |
- |
- |
| Minority Interest |
- |
- |
- |
- |
- |
| Income Taxes |
(14,333) |
(11,264) |
(8,583) |
(890) |
(4,258) |
| Net Income from Continuing Operations |
35,411 |
30,445 |
22,922 |
8,360 |
14,514 |
| Net Income from Discontinued Operations |
- |
- |
- |
- |
- |
| Net Income from Total Operations |
35,411 |
30,445 |
22,922 |
8,360 |
14,514 |
| Extraordinary Income/Loss |
- |
- |
- |
- |
- |
| Income from Cum. Effect of Acct Change |
- |
- |
- |
- |
- |
| Income from Tax Loss Carryforward |
- |
- |
- |
- |
- |
| Other Gains |
- |
- |
- |
- |
- |
| Total Net Income |
35,411 |
30,445 |
22,922 |
8,360 |
14,514 |
| Normalized Income |
35,411 |
30,845 |
22,922 |
8,360 |
14,514 |
| Net Income Available for Common |
35,411 |
28,946 |
21,234 |
2,874 |
14,514 |
|
| Results
[+]
|
in Dollars (Preferred Dividends in Thousands) |
|
|
| Dividends Paid Per Share |
0.37 |
0.28 |
0.25 |
0.30 |
0.74 |
| Preferred Dividends |
- |
1,499 |
1,688 |
5,486 |
- |
| Basic EPS from Continuing Operations |
1.37 |
1.07 |
0.83 |
0.19 |
1.08 |
| Basic EPS from Discontinued Operations |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Basic EPS from Total Operations |
1.37 |
1.07 |
0.83 |
0.19 |
1.08 |
| 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 |
- |
168,479 |
169,549 |
112,316 |
120,642 |
| Basic EPS from Other Gains(Loss) |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Basic EPS, Total |
1.37 |
1.07 |
0.83 |
0.19 |
1.08 |
|
| Basic Normalized Net Income/Share |
1.37 |
1.08 |
0.83 |
0.19 |
1.08 |
|
| Diluted EPS from Continuing Operations |
1.37 |
1.07 |
0.83 |
0.19 |
1.07 |
| Diluted EPS from Discontinued Operations |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Diluted EPS from Total Operations |
1.37 |
1.07 |
0.83 |
0.19 |
1.07 |
| 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 |
1.37 |
1.07 |
0.83 |
0.19 |
1.07 |
|
| Diluted Normalized Net Income/Share |
1.37 |
1.08 |
0.83 |
0.19 |
1.07 |
| Revenues Year-to-Date |
222,931 |
233,250 |
237,119 |
161,554 |
165,650 |
| Income Year-to-Date from Total Operations |
35,411 |
30,445 |
22,922 |
8,360 |
14,514 |
| EPS Year-to-Date from Total Operations |
1.37 |
1.07 |
0.83 |
0.19 |
1.07 |
| Dividends Paid Per Share, Year-to-Date |
0.37 |
0.28 |
0.25 |
0.30 |
0.74 |
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