Arrow Financial Corp. (AROW) Income Statement

Income Statement for Arrow Financial Corp.  (AROW) 
$ 25.51   -0.25 (-0.97%) Volume: 21.47 k 4:00 PM EST Feb 10, 2012
After Hours:  $ 25.51 0.00 (0.00%) Volume: 400  4:50 PM EST Feb 10, 2012
Statement: View:
Income [+] in Thousands of Dollars
12/2010 12/2009 12/2008 12/2007 12/2006
Loans 64,283 66,427 67,638 65,904 61,244
Investment Securities 20,532 20,281 21,349 19,575 18,913
Lease Financing Income - - - - -
Other Interest Income - - - - -
Federal Funds Sold/Purchased 51,581 72,020 59,339 52,630 47,566
Interest Bearing Deposits 157 149 57 - -
Loans Held for Resale - - - - -
Trading Account Securities - - - - -
Time Deposits Placed - - - - -
Other Money Market Investments - - - - -
Total Money Market Investments 157 149 521 1,098 454
Total Interest Income 84,972 86,857 89,508 86,577 80,611
Deposits 16,521 18,322 22,790 30,862 25,422
Short-Term Debt - - 10 22 31
Long-Term Debt 7,050 8,041 8,698 8,032 8,171
Federal Funds Sold/Purchased 51,581 72,020 59,339 52,630 47,566
Capitalized Lease Obligations - - - - -
Other Interest Expense - - - - -
Total Interest Income 84,972 86,857 89,508 86,577 80,611
Total Interest Expense (23,695) (26,492) (32,277) (40,283) (34,743)
Net Interest Income 61,277 60,365 57,231 46,294 45,868
Loan Loss Provision (1,302) (1,783) (1,671) (513) (826)
Net Interest Income After Loan Loss Provision 59,975 58,582 55,560 45,781 45,042
Trust Fees by Commissions 5,391 5,009 5,463 5,572 5,082
Service Charge on Deposit Accounts 7,864 8,051 - - -
Other Service Charges - - 10,628 9,999 7,954
Security Transactions 1,507 357 383 - (102)
Premiums Earned - - - - -
Net Realized Capital Gains 1,024 418 115 - -
Investment Banking Profit - - - - -
Other Non-Interest Income 3,303 6,132 (320) 717 2,847
Non-Interest Income 19,089 19,967 16,269 16,288 15,781
Salaries and Employee Benefits 27,552 27,042 24,551 21,424 22,096
Net Occupancy Expense 6,849 6,580 6,690 6,213 6,029
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 13,017 12,970 11,152 10,293 8,682
Income, Acquired in Process R&D - - - - -
Income, Restructuring and M&A - - - - -
Other Special Charges - (375) - - -
Non-Interest Expense (47,418) (46,592) (42,393) (37,930) (36,807)
Special Income/Charges - (375) - - -
Net Income Before Taxes 31,646 31,582 29,436 24,139 24,016
Premium Tax (Credit) - - - - -
Minority Interest - - - - -
Income Taxes (9,754) (9,790) (8,999) (6,807) (7,124)
Net Income from Continuing Operations 21,892 21,792 20,437 17,332 16,892
Net Income from Discontinued Operations - - - - -
Net Income from Total Operations 21,892 21,792 20,437 17,332 16,892
Extraordinary Income/Loss - - - - -
Income from Cum. Effect of Acct Change - - - - -
Income from Tax Loss Carryforward - - - - -
Other Gains - - - - -
Total Net Income 21,892 21,792 20,437 17,332 16,892
Normalized Income 21,892 22,167 20,437 17,332 16,892
Net Income Available for Common 21,892 21,792 20,437 17,332 16,892
Results [+] in Dollars (Preferred Dividends in Thousands)
12/2010 12/2009 12/2008 12/2007 12/2006
Dividends Paid Per Share 0.95 0.92 0.90 0.86 0.83
Preferred Dividends - - - - -
Basic EPS from Continuing Operations 1.88 1.88 1.77 1.48 1.42
Basic EPS from Discontinued Operations 0.00 0.00 0.00 0.00 0.00
Basic EPS from Total Operations 1.88 1.88 1.77 1.48 1.42
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 64,283 66,427 67,638 65,904 61,244
Basic EPS from Other Gains(Loss) 0.00 0.00 0.00 0.00 0.00
Basic EPS, Total 1.88 1.88 1.77 1.48 1.42
Basic Normalized Net Income/Share 1.88 1.92 1.77 1.48 1.42
Diluted EPS from Continuing Operations 1.88 1.87 1.76 1.47 1.40
Diluted EPS from Discontinued Operations 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Total Operations 1.88 1.87 1.76 1.47 1.40
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 1.88 1.87 1.76 1.47 1.40
Diluted Normalized Net Income/Share 1.88 1.91 1.76 1.47 1.40
Revenues Year-to-Date 104,061 106,824 105,777 102,865 96,392
Income Year-to-Date from Total Operations 21,892 21,792 20,437 17,332 16,892
EPS Year-to-Date from Total Operations 1.88 1.87 1.76 1.47 1.40
Dividends Paid Per Share, Year-to-Date 0.95 0.92 0.90 0.86 0.83