Carolina Trust Bank (CART) Income Statement

Income Statement for Carolina Trust Bank  (CART) 
$ 2.4962 R     -0.0337 (-1.33%) Volume: 11.79 k 3:34 PM EST Feb 10, 2012
Statement: View:
Income [+] in Thousands of Dollars
12/2010 12/2009 12/2008 12/2007 12/2006
Loans 13,376 9,699 8,852 9,170 8,565
Investment Securities 749 424 213 238 192
Lease Financing Income - - - - -
Other Interest Income - - - - -
Federal Funds Sold/Purchased - - 234 - -
Interest Bearing Deposits 148 114 - - -
Loans Held for Resale - - - - -
Trading Account Securities - - - - -
Time Deposits Placed - - - - -
Other Money Market Investments - - - - -
Total Money Market Investments 148 114 47 179 238
Total Interest Income 14,273 10,237 9,112 9,587 8,995
Deposits 4,112 3,825 3,832 2,163 2,848
Short-Term Debt - - - - -
Long-Term Debt 463 466 459 296 255
Federal Funds Sold/Purchased - - 234 - -
Capitalized Lease Obligations 39 40 42 44 45
Other Interest Expense - - - 1,381 -
Total Interest Income 14,273 10,237 9,112 9,587 8,995
Total Interest Expense (4,614) (4,331) (4,333) (3,884) (3,148)
Net Interest Income 9,659 5,906 4,779 5,703 5,847
Loan Loss Provision (2,683) (1,888) (1,154) (157) (199)
Net Interest Income After Loan Loss Provision 6,976 4,018 3,625 5,546 5,648
Trust Fees by Commissions 388 299 237 342 -
Service Charge on Deposit Accounts 417 403 358 312 -
Other Service Charges - - - - 524
Security Transactions - - - - -
Premiums Earned - - - - -
Net Realized Capital Gains - - - - -
Investment Banking Profit - - - - -
Other Non-Interest Income 376 220 234 200 146
Non-Interest Income 1,181 922 829 854 670
Salaries and Employee Benefits 3,542 3,375 3,055 2,851 2,145
Net Occupancy Expense 1,145 907 844 764 612
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 3,249 4,148 1,779 1,135 1,077
Income, Acquired in Process R&D - - - - -
Income, Restructuring and M&A - (1,061) - - -
Other Special Charges - 2,122 240 - -
Non-Interest Expense (7,936) (8,430) (5,678) (4,749) (3,834)
Special Income/Charges - 1,061 240 - -
Net Income Before Taxes 221 (2,429) (984) 1,651 2,484
Premium Tax (Credit) - - - - -
Minority Interest - - - - -
Income Taxes - - 412 (628) (907)
Net Income from Continuing Operations 221 (2,429) (572) 1,023 1,576
Net Income from Discontinued Operations - - - - -
Net Income from Total Operations 221 (2,429) (572) 1,023 1,576
Extraordinary Income/Loss - - - - -
Income from Cum. Effect of Acct Change - - - - -
Income from Tax Loss Carryforward - - - - -
Other Gains - - - - -
Total Net Income 221 (2,429) (572) 1,023 1,576
Normalized Income 221 (3,490) (812) 1,023 1,576
Net Income Available for Common (57) (2,675) (572) 1,023 1,576
Results [+] in Dollars (Preferred Dividends in Thousands)
12/2010 12/2009 12/2008 12/2007 12/2006
Dividends Paid Per Share 0.00 0.00 0.00 0.00 0.00
Preferred Dividends 278 246 - - -
Basic EPS from Continuing Operations -0.02 -1.39 -0.33 0.59 0.92
Basic EPS from Discontinued Operations 0.00 0.00 0.00 0.00 0.00
Basic EPS from Total Operations -0.02 -1.39 -0.33 0.59 0.92
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 13,376 9,699 8,852 9,170 8,565
Basic EPS from Other Gains(Loss) 0.00 0.00 0.00 0.00 0.00
Basic EPS, Total -0.02 -1.39 -0.33 0.59 0.92
Basic Normalized Net Income/Share N/A -2.00 -0.47 0.59 0.92
Diluted EPS from Continuing Operations -0.02 -1.39 -0.33 0.57 0.87
Diluted EPS from Discontinued Operations 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Total Operations -0.02 -1.39 -0.33 0.57 0.87
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 -0.02 -1.39 -0.33 0.57 0.87
Diluted Normalized Net Income/Share N/A -2.00 -0.47 0.57 0.87
Revenues Year-to-Date 15,454 11,159 9,941 10,441 9,665
Income Year-to-Date from Total Operations 221 (2,429) (572) 1,023 1,576
EPS Year-to-Date from Total Operations -0.02 -1.39 -0.33 0.57 0.87
Dividends Paid Per Share, Year-to-Date 0.00 0.00 0.00 0.00 0.00