Franklin Credit Holding Corp. (FCMC) Income Statement

Income Statement for Franklin Credit Holding Corp.  (FCMC) 
$ 0.305 0.00 (0.00%) Volume: 3:16 PM EST Feb 9, 2012
Statement: View:
Income [+] in Thousands of Dollars
12/2010 12/2009 12/2008 12/2007 12/2006
Loans - - - 155,923 141,857
Investment Securities - - - - -
Lease Financing Income - - - - -
Other Interest Income 48,426 90,119 93,101 - -
Federal Funds Sold/Purchased - - - - 18,094
Interest Bearing Deposits - - - - -
Loans Held for Resale - - - - -
Trading Account Securities - - - - -
Time Deposits Placed - - - - -
Other Money Market Investments - - - - -
Total Money Market Investments - - - - -
Total Interest Income 48,426 90,119 93,101 155,923 141,857
Deposits - - - - -
Short-Term Debt - - - - -
Long-Term Debt - - - 143,254 113,073
Federal Funds Sold/Purchased - - - - 18,094
Capitalized Lease Obligations - - - - -
Other Interest Expense 69,426 74,280 78,463 - -
Total Interest Income 48,426 90,119 93,101 155,923 141,857
Total Interest Expense (69,426) (74,280) (78,463) (143,254) (113,073)
Net Interest Income (21,000) 15,839 14,637 12,669 28,784
Loan Loss Provision - (169) - (274,633) (9,750)
Net Interest Income After Loan Loss Provision (21,000) 15,670 14,637 (261,964) 19,034
Trust Fees by Commissions 9,360 6,277 12,024 - -
Service Charge on Deposit Accounts - - - - -
Other Service Charges - - - - -
Security Transactions - - - - -
Premiums Earned - - - - -
Net Realized Capital Gains - (282,219) 2,214 474 3,954
Investment Banking Profit - - - - -
Other Non-Interest Income - - - 12,866 17,941
Non-Interest Income 9,360 (275,943) 14,238 13,339 21,896
Salaries and Employee Benefits 26,892 40,269 48,488 41,441 38,286
Net Occupancy Expense - - - - -
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 963 1,183 460,644 4,011 5,733
Income, Acquired in Process R&D - - - - -
Income, Restructuring and M&A - - - - -
Other Special Charges (16,039) (58,931) 2,590 284,246 -
Non-Interest Expense (27,855) (41,452) (509,132) (45,452) (44,019)
Special Income/Charges (16,039) (58,931) 2,590 284,246 -
Net Income Before Taxes (55,535) (360,656) (477,666) (9,830) (3,090)
Premium Tax (Credit) - - - - -
Minority Interest (1) (268) - - -
Income Taxes 262 2,840 1,325 1,191 1,329
Net Income from Continuing Operations (55,274) (358,084) (476,341) (8,639) (1,761)
Net Income from Discontinued Operations - - - - -
Net Income from Total Operations (55,274) (358,084) (476,341) (8,639) (1,761)
Extraordinary Income/Loss - - - - -
Income from Cum. Effect of Acct Change - - - - -
Income from Tax Loss Carryforward - - - - -
Other Gains - - - - -
Total Net Income (55,274) (358,084) (476,341) (8,639) (1,761)
Normalized Income (39,234) (299,153) (478,931) (292,885) (1,761)
Net Income Available for Common (55,274) (358,084) (476,341) (8,639) (1,761)
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 - - - - -
Basic EPS from Continuing Operations -6.89 -44.74 -59.67 -1.09 -0.23
Basic EPS from Discontinued Operations 0.00 0.00 0.00 0.00 0.00
Basic EPS from Total Operations -6.89 -44.74 -59.67 -1.09 -0.23
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 - - - 155,923 141,857
Basic EPS from Other Gains(Loss) 0.00 0.00 0.00 0.00 0.00
Basic EPS, Total -6.89 -44.74 -59.67 -1.09 -0.23
Basic Normalized Net Income/Share -4.89 -37.38 -59.99 -36.95 -0.23
Diluted EPS from Continuing Operations -6.89 -44.74 -59.67 -1.09 -0.23
Diluted EPS from Discontinued Operations 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Total Operations -6.89 -44.74 -59.67 -1.09 -0.23
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 -6.89 -44.74 -59.67 -1.09 -0.23
Diluted Normalized Net Income/Share -4.89 -37.38 -59.99 -36.95 -0.23
Revenues Year-to-Date 57,786 (185,823) 107,339 169,262 163,753
Income Year-to-Date from Total Operations (55,274) (358,084) (476,341) (8,639) (1,761)
EPS Year-to-Date from Total Operations -6.89 -44.74 -59.67 -1.09 -0.23
Dividends Paid Per Share, Year-to-Date 0.00 0.00 0.00 0.00 0.00