First Citizens BancShares Inc. (FCNCA) Income Statement

Income Statement for First Citizens BancShares Inc.  (FCNCA) 
$ 179.78   0.74 (+0.41%) Volume: 14.06 k 4:00 PM EST Feb 10, 2012
After Hours:  $ 178.6356   -1.1444 (-0.64%) Volume: 609  4:38 PM EST Feb 10, 2012
Statement: View:
Income [+] in Thousands of Dollars
12/2010 12/2009 12/2008 12/2007 12/2006
Loans 914,545 659,537 681,849 727,581 683,412
Investment Securities 52,477 77,891 124,112 144,306 116,000
Lease Financing Income - - - - -
Other Interest Income 2,346 731 - - -
Federal Funds Sold/Purchased - - - - -
Interest Bearing Deposits - - - - -
Loans Held for Resale - - - - -
Trading Account Securities - - - - -
Time Deposits Placed - - - - -
Other Money Market Investments - - - - -
Total Money Market Investments - - 8,755 32,169 30,903
Total Interest Income 969,368 738,159 814,716 904,056 830,315
Deposits 149,195 183,759 263,538 341,236 280,178
Short-Term Debt 5,189 4,882 17,502 55,126 41,431
Long-Term Debt 40,741 39,003 33,905 27,352 32,128
Federal Funds Sold/Purchased - - - - -
Capitalized Lease Obligations - - - - -
Other Interest Expense - - - - -
Total Interest Income 969,368 738,159 814,716 904,056 830,315
Total Interest Expense (195,125) (227,644) (314,945) (423,714) (353,737)
Net Interest Income 774,243 510,515 499,771 480,342 476,578
Loan Loss Provision (143,519) (79,364) (65,805) (33,594) (20,922)
Net Interest Income After Loan Loss Provision 630,724 431,151 433,966 446,748 455,656
Trust Fees by Commissions 51,378 46,071 48,198 49,305 42,213
Service Charge on Deposit Accounts 73,762 78,028 82,349 77,827 72,561
Other Service Charges 182,497 168,111 166,040 159,169 131,730
Security Transactions - - 8,128 1,376 (659)
Premiums Earned - - - - -
Net Realized Capital Gains 1,952 (511) - - -
Investment Banking Profit - - - - -
Other Non-Interest Income 96,625 111,752 7,404 7,793 25,522
Non-Interest Income 406,214 403,451 312,119 295,470 271,367
Salaries and Employee Benefits 385,797 358,076 318,149 296,604 278,917
Net Occupancy Expense 139,660 126,576 118,554 113,326 104,643
Promotion and Advertising - - 8,098 7,499 7,212
Property/Liability Insurance Claims 23,167 29,344 - - -
Policy Acquisition Costs - - - - -
Amortization of Deferred Policy Acquisition Costs - - - - -
Current and Future Benefits Expense - - - - -
Other Non-Interest Expense 184,752 137,507 161,680 157,235 140,305
Income, Acquired in Process R&D - - - - -
Income, Restructuring and M&A - - - - -
Other Special Charges - - - - -
Non-Interest Expense (733,376) (651,503) (606,481) (574,664) (531,077)
Special Income/Charges - - - - -
Net Income Before Taxes 303,562 183,099 139,604 167,554 195,946
Premium Tax (Credit) - - - - -
Minority Interest - - - - -
Income Taxes (110,518) (66,768) (48,546) (58,937) (69,455)
Net Income from Continuing Operations 193,044 116,331 91,058 108,617 126,491
Net Income from Discontinued Operations - - - - -
Net Income from Total Operations 193,044 116,331 91,058 108,617 126,491
Extraordinary Income/Loss - - - - -
Income from Cum. Effect of Acct Change - - - - -
Income from Tax Loss Carryforward - - - - -
Other Gains - - - - -
Total Net Income 193,044 116,331 91,058 108,617 126,491
Normalized Income 193,044 116,331 91,058 108,617 126,491
Net Income Available for Common 193,044 116,331 91,058 108,617 126,491
Results [+] in Dollars (Preferred Dividends in Thousands)
12/2010 12/2009 12/2008 12/2007 12/2006
Dividends Paid Per Share 1.20 1.20 1.10 1.10 1.10
Preferred Dividends - - - - -
Basic EPS from Continuing Operations 18.50 11.15 8.73 10.41 12.12
Basic EPS from Discontinued Operations 0.00 0.00 0.00 0.00 0.00
Basic EPS from Total Operations 18.50 11.15 8.73 10.41 12.12
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 914,545 659,537 681,849 727,581 683,412
Basic EPS from Other Gains(Loss) 0.00 0.00 0.00 0.00 0.00
Basic EPS, Total 18.50 11.15 8.73 10.41 12.12
Basic Normalized Net Income/Share 18.50 11.15 8.73 10.41 12.12
Diluted EPS from Continuing Operations 18.50 11.15 8.73 10.41 12.12
Diluted EPS from Discontinued Operations 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Total Operations 18.50 11.15 8.73 10.41 12.12
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 18.50 11.15 8.73 10.41 12.12
Diluted Normalized Net Income/Share 18.50 11.15 8.73 10.41 12.12
Revenues Year-to-Date 1,375,582 1,141,610 1,126,835 1,199,526 1,101,682
Income Year-to-Date from Total Operations 193,044 116,331 91,058 108,617 126,491
EPS Year-to-Date from Total Operations 18.50 11.15 8.73 10.41 12.12
Dividends Paid Per Share, Year-to-Date 1.20 1.20 1.10 1.10 1.10